LICENSING AGREEMENTS AND ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2026

The total estimated aggregate acquisition consideration was approximately $87 million.


(in millions)
Cash consideration paid	$	84
Estimated fair value of contingent consideration	3
Aggregate purchase consideration	$	87

The preliminary allocation of purchase price based on estimated fair values is as follows:


(in millions)
Trade receivables	$	3
Other current assets	1
Intangible assets	43
Inventories	34
Other liabilities	(16)
Total identifiable net assets	65
Goodwill	22
Total fair value of consideration transferred	$	87

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed, as of the acquisition date:


(in millions)
Property, plant and equipment, net	$	7
Intangible assets, net	1
Total identifiable assets	8
Goodwill	67
Total fair value of consideration transferred	$	75

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.