v3.26.1
BUSINESS ACQUISITIONS & DISPOSITIONS (Tables)
3 Months Ended
Jun. 26, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedules of Assets and Liabilities Acquired
The following represents the Company's initial allocation of the total purchase price to the acquired assets and liabilities of the acquired business (in millions):
Amount ($M)
ASSETS
Current Assets:
Cash$23 
Accounts receivable69 
Inventory99 
Contract assets62 
Other current assets
        Total current assets258 
Operating lease right-of-use assets, net
Property and equipment44 
Intangible assets 478 
Goodwill473 
        Total assets$1,254 
LIABILITIES AND PURCHASE CONSIDERATION
Current Liabilities:
Accounts payable$10 
Deferred revenue36 
Accrued liabilities11 
Operating lease liabilities
Other current liabilities
        Total liabilities67 
        Total purchase consideration$1,187 
The following represents the Company's initial allocation of intangible assets identified in the purchase price allocation of the acquired business (in millions):
Amount ($M)Estimated Useful Life
Identifiable Intangible Assets
Trade Names$132   15 years
Know-How46 10 years
Backlog44 2 years
Customer Relationships 256 20 years
        Total $478