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


(in millions)	Initial Purchase Price Allocation
Total purchase consideration(1)	$	14

ASSETS
Cash and cash equivalents	$	6
Property, plant and equipment, net	5
Other intangible assets, net	27
Other assets	26
Total assets acquired	$	64

LIABILITIES
Long-term debt	$	33
Other liabilities	20
Total liabilities assumed	$	53

Net assets acquired	$	11
Goodwill(2)	$	3

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1 Total purchase consideration excludes cash paid of $32 million used to extinguish debt assumed through the SEM Acquisition. 2 Goodwill is not deductible for tax purposes.