v3.26.1
Acquisition of Business (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition
A preliminary allocation of the purchase price of Calca is as follows (in millions):
Cash and cash equivalents$
Trade and other accounts receivable, net
Inventories
Prepaid expenses and other current assets
Property, plant, and equipment, net22 
Goodwill48 
Intangible assets171 
Accounts payable(5)
Accrued expenses(3)
Other noncurrent liabilities(32)
Fair value of net assets acquired$218 
Business Combination, Intangible Asset, Acquired, Finite-Lived and Indefinite-Lived [Table Text Block]
Identified intangible assets acquired consisted of the following (in millions):
Fair ValueEstimated Useful Lives (in years)
Customer base$119 
9 to 20
Backlog20 5
Formulas and technology31 
9 to 20
Trademarks and trade names5
Total identified intangible assets$171