Accounting Q
Hi all -
Trying to think about new D&A post an acquisition...
For example - JCI just acquired TYC. For this question, lets ignore the fact that JCI is spinning their automotive business. Is this the correct way to think about the new D&A? or does acquisition accounting change the legacy TYC D&A?
Legacy JCI D&A
+ legacy TYC D&A
+ Deal amortization for acquired intangibles [provided in s-4]
= New D&A
Appreciate the help and thanks!