if the tax controversy from softer is resolved favorably , what would the gross assets acquired be , in millions?
table of contents 4 . acquisitions , dispositions and plant closures acquisitions 2022 so.f.ter . s.p.a . on december 1 , 2016 , the company acquired 100% ( 100 % ) of the stock of the forli , italy based so.f.ter . s.p.a . ( "softer" ) , a leading thermoplastic compounder . the acquisition of softer increases the company's global engineered materials product platforms , extends the operational model , technical and industry solutions capabilities and expands project pipelines . the acquisition was accounted for as a business combination and the acquired operations are included in the advanced engineered materials segment . pro forma financial information since the respective acquisition date has not been provided as the acquisition did not have a material impact on the company's financial information . the company allocated the purchase price of the acquisition to identifiable assets acquired and liabilities assumed based on their estimated fair values as of the acquisition date . the excess of the purchase price over the aggregate fair values was recorded as goodwill ( note 2 and note 11 ) . the company calculated the fair value of the assets acquired using the income , market , or cost approach ( or a combination thereof ) . fair values were determined based on level 3 inputs ( note 2 ) including estimated future cash flows , discount rates , royalty rates , growth rates , sales projections , retention rates and terminal values , all of which require significant management judgment and are susceptible to change . the purchase price allocation is based upon preliminary information and is subject to change if additional information about the facts and circumstances that existed at the acquisition date becomes available . the final fair value of the net assets acquired may result in adjustments to the assets and liabilities , including goodwill . however , any subsequent measurement period adjustments are not expected to have a material impact on the company's results of operations . the preliminary purchase price allocation for the softer acquisition is as follows : december 1 , 2016 ( in $ millions ) .

|  | As ofDecember 1, 2016 (In $ millions) |
| :--- | :--- |
| Cash and cash equivalents | 11 |
| Trade receivables - third party and affiliates | 53 |
| Inventories | 58 |
| Property, plant and equipment, net | 68 |
| Intangible assets (Note 11) | 79 |
| Goodwill (Note 11)<sup>(1)</sup> | 106 |
| Other assets<sup>(2)</sup> | 33 |
| Total fair value of assets acquired | 408 |
| Trade payables - third party and affiliates | (41) |
| Total debt (Note 14) | (103) |
| Deferred income taxes | (30) |
| Other liabilities | (45) |
| Total fair value of liabilities assumed | (219) |
| Net assets acquired | 189 |

______________________________ ( 1 ) goodwill consists of expected revenue and operating synergies resulting from the acquisition . none of the goodwill is deductible for income tax purposes . ( 2 ) includes a $ 23 million indemnity receivable for uncertain tax positions related to the acquisition . transaction related costs of $ 3 million were expensed as incurred to selling , general and administrative expenses in the consolidated statements of operations . the amount of pro forma net earnings ( loss ) of softer included in the company's consolidated statement of operations was approximately 2% ( 2 % ) ( unaudited ) of its consolidated net earnings ( loss ) had the acquisition occurred as of the beginning of 2016 . the amount of softer net earnings ( loss ) consolidated by the company since the acquisition date was not material. .

gross_assets_acquired = 408 - 23
answer = gross_assets_acquired