Merger In 2018, PepsiCo, Inc. acquired SodaStream, a sparkling water maker, for $4,680 million in cash. At the acquisition date, SodaStream's identifiable net assets had fair values as follows (in millions): Inventories Property, plant and equipment Intangible assets Other net assets $246 270 2,974 (130) Required Prepare the journal entry necessary to record this acquisition on PepsiCo's books, assuming it is reported as a merger. Note: Provide all answers in millions. Debit To record acquisition of SodaStream. Credit