v3.26.1
Business Combinations and Asset Acquisitions (Tables)
12 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date for Solaris Health, Urology America, ADS, GIA, and ION:
(in millions)Solaris Health
Urology America
ADSGIAION
Identifiable intangible assets:
Customer intangibles (1)
$— $— $472 $— $— 
Trade names (2)
233 33 28 200 73 
Non-competition agreements (3)
39 — — 23 — 
Total identifiable intangible assets acquired
272 33 500 223 73 
Identifiable net assets/(liabilities):
Cash and equivalents
55 14 53 10 
Trade receivables, net
205 24 101 176 47 
Inventories23 78 21 14 
Prepaid expenses and other76 14 
Property and equipment, net69 27 75 38 
Other assets
191 41 377 312 45 
Accounts payable(105)(20)(104)(89)(10)
Current portion of long-term obligations and other short-term borrowings— — — (1)(3)
Other accrued liabilities(177)(12)(391)(174)(41)
Long-term obligations, less current portion— (6)— (15)(14)
Deferred income taxes and other liabilities(164)(45)(106)(888)(41)
Total identifiable net assets/(liabilities) acquired445 52 472 (293)125 
Noncontrolling interest— (9)— — (157)
Goodwill
1,689 339 577 3,078 1,101 
Total net assets acquired
$2,134 $382 $1,049 $2,785 $1,069 
(1)    The weighted-average useful life of customer intangibles is 10 years.
(2)    The weighted-average useful life of trade names ranges from 2 years to 10 years.
(3)    The weighted-average useful life of non-competition agreements is 5 years.