v3.26.3
Business Combinations and Divestitures (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination and Divestitures, Recognized Asset Acquired and Liability Assumed
The purchase price allocations for the acquisitions completed during the nine months ended September 30, 2026 are as follows (in millions):
Nine Months Ended September 30, 2026
All Acquisitions
Receivables$8 
Inventories16 
Property, plant and equipment27 
Operating lease assets16 
Goodwill49 
Other intangibles (1)
48 
Other noncurrent assets1 
Current liabilities assumed(21)
Long-term operating lease liabilities, excluding current portion(12)
Debt assumed(18)
Other noncurrent liabilities assumed(4)
Other purchase price obligations(7)
Settlement of pre-existing balances(2)
(66)
Cash used in acquisitions, net of cash acquired$37 
(1)    The amount recorded for our acquisitions includes $18 million of developed technology (6 year weighted average useful life), $21 million of customer relationships (8.3 year weighted average useful life) and $9 million of trade names (9.1 year weighted average useful life).
(2)    Amount primarily relates to the acquisition-date fair value of pre-existing loans and other receivables between LKQ and RSI that were effectively settled upon acquisition.
Business Combination and Divestitures, Pro Forma Information The unaudited pro forma financial information is as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Revenue$3,319 $3,532 $10,225 $10,436 
(Loss) income from continuing operations(25)174 173 510 
Business Combination and Divestitures, Non-cash Investing and Financing Activities
The following table summarizes the significant non-cash investing and financing activities related to our acquisitions (in millions):
Nine Months Ended September 30,
20262025
Settlement of pre-existing balances (1)
$(66)$— 
(1)    Amount primarily relates to the acquisition-date fair value of pre-existing loans and other receivables between LKQ and RSI that were effectively settled upon acquisition.