Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION (Tables)

v3.8.0.1
ACQUISITION (Tables)
9 Months Ended
Oct. 01, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block] The joint venture had an enterprise value at inception of $1.2 billion. Due to the structure of the joint venture and equal sharing of economic benefits, we did not apply a discount for lack of control to the noncontrolling interests. The preliminary purchase price allocation was as follows:

In millions
 
Inventory
3

Fixed assets
57

Intangible assets
 
      Customer relationships
424

      Technology
172

Goodwill
545

Liabilities
(1
)
      Total business valuation
1,200

 
 
Less: Noncontrolling interest
600

Total purchase consideration
$
600