The following table summarizes the fair value assigned to the assets acquired and liabilities assumed at the acquisition date. These amounts reflect various preliminary fair value estimates and assumptions, and are subject to change within the measurement period as valuations are finalized. The primary areas of preliminary purchase price allocation subject to change relate to the valuation of goodwill, other intangible assets, deferred tax assets, and deferred tax liabilities. | | | | | | Settlement assets (a) | $ | 326 | | | Accounts receivable | 6 | | | Prepaid expenses and other current assets | 1 | | Goodwill (b) | 33 | | | Other intangible assets | 67 | | | | | Deferred tax assets | 1 | | | | | Accounts payable | (5) | | | Settlement liabilities | (326) | | | Accrued expenses and other current liabilities | (1) | | | | | Deferred tax liabilities | (18) | | | | | | | Net assets acquired | $ | 84 | | | | (a) Includes settlement-related cash of $185 million, which is included within “Acquisitions, net of cash acquired” on the unaudited Condensed Consolidated Statements of Cash Flows. | (b) Goodwill is not deductible for tax purposes. |
The following table provides further detail on other intangible assets acquired: | | | | | | | Merchant relationships | $ | 64 | | | Acquired technology | 3 | | | | | Other intangible assets | $ | 67 | |
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