v3.26.3
Acquisitions and Divestitures (Tables)
9 Months Ended
Sep. 26, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Components of Purchase Price and Net Assets Acquired
The components of the preliminary purchase price and net assets acquired are as follows:
(In millions)Clario
Purchase price
Cash paid
$5,811 
Debt settled3,180 
Purchase price payable115 
Fair value of contingent consideration
113 
Cash acquired
(117)
$9,102 
Net assets acquired
Definite-lived intangible assets
Customer relationships
$2,510 
Product technology
844 
Trade names
19 
Backlog
423 
Goodwill
5,945 
Net other assets/(liabilities)
380 
Contract liabilities
(375)
Deferred tax assets/(liabilities)
(645)
$9,102 
The components of the purchase price and net assets acquired are as follows:
(In millions)Filtration and separation business
Purchase price
Cash paid
$3,939 
Fair value of contingent consideration
(66)
Cash acquired
(9)
$3,865 
Net assets acquired
Property, plant and equipment
$468 
Definite-lived intangible assets
Customer relationships
1,116 
Product technology
388 
Trade names
51 
Goodwill
2,071 
Net other assets/(liabilities)
148 
Deferred tax assets/(liabilities)
(376)
$3,865