  We present the Standard Model evaluation of the indirect CP violation
parameter $\varepsilon_K$ using inputs determined from lattice QCD together
with experiment: $|V_{us}|$, $|V_{cb}|$, $\xi_0$, and $\hat{B}_K$. We use the
Wolfenstein parametrization ($|V_{cb}|$, $\lambda$, $\bar{\rho}$, $\bar{\eta}$)
for the CKM matrix elements. For the central value, we take the angle-only fit
of the UTfit collaboration, and use $|V_{us}|$ from the $K_{\ell 3}$ and
$K_{\mu 2}$ decays as an independent input to fix $\lambda$. For the error
estimate, we use results of the global unitarity triangle fits from the
CKMfitter and UTfit collaborations. We find that the Standard Model (SM)
prediction of $\varepsilon_K$ with exclusive $V_{cb}$ (lattice QCD results) is
lower than the experimental value by $3.6(2)\sigma$. However, with inclusive
$V_{cb}$ (results of the heavy quark expansion), the tension between the SM
prediction of $\varepsilon_K$ and its experimental value disappears.

High Energy Physics - Lattice;High Energy Physics - Phenomenology