The following table summarizes the total consideration and the estimated fair value of the assets acquired and liabilities assumed for business combinations made by the Company in the current period, inclusive of any measurement period adjustments. | | | | | | | | | | | | | (in millions) | Bellingham Cold Storage | | Other | | Fair value of consideration transferred | | | | Cash consideration (1) | $ | 118 | | | $ | 60 | | | | | | | | | | | Total consideration | $ | 118 | | | $ | 60 | | | | | | | Recognized amounts of identifiable assets acquired and liabilities assumed | | | | | Cash and cash equivalents | $ | 6 | | | $ | 1 | | | Accounts receivable, net, prepaid expenses, and other current assets | 3 | | | 1 | | | Property, plant, and equipment | 102 | | | 47 | | | Right-of-use assets and other non-current assets | 10 | | | 1 | | | Customer relationships (included in other intangible assets) | 11 | | | 5 | | | Accounts payable, accrued liabilities, and other current liabilities | (5) | | | (1) | | | Lease obligations and other non-current liabilities | (11) | | | — | | | Deferred income tax liabilities | — | | | (3) | | | | | | | Total identified net assets | $ | 116 | | | $ | 51 | | | | | | | Goodwill | $ | 2 | | | $ | 9 | | | | | | (1) Cash consideration includes an estimated favorable adjustment for closing net working capital which had not yet been paid out to the Company as of June 30, 2025, offset by contingent consideration, which was immaterial. |
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