Acquisition of Federal-Mogul On October 1, 2018, we closed on the acquisition of all of the interests in Federal-Mogul LLC ("Federal-Mogul"), (the "Acquisition") pursuant to the Membership Interest Purchase Agreement, dated as of April 10, 2018 (the Purchase Agreement), by and among the Company, Federal-Mogul, American Entertainment Properties Corp. (AEP and, together with certain affiliated entities, the Sellers) and Icahn Enterprises L.P. (IEP). Total consideration was approximately $5.2 billion . Following the completion of the Acquisition, Federal-Mogul was merged with and into the Company, with the Company continuing as the surviving company. At the effective time of the Acquisition, the Companys certificate of incorporation was amended and restated (the Amended and Restated Certificate of Incorporation) in order to create a new class of non-voting common stock of the Company called Class B Non-Voting Common Stock (Class B Common Stock) with 25,000,000 shares authorized, and to reclassify the Companys existing common stock as Class A Voting Common Stock (Class A Common Stock). Under the Amended and Restated Certificate of Incorporation, the authorized number of shares was increased from 185,000,000 shares, divided into 135,000,000 shares of common stock, par value $0.01 , and 50,000,000 shares of preferred stock, par value $0.01 , to 250,000,000 shares, divided into 175,000,000 shares of Class A Common Stock, 25,000,000 shares of Class B Common Stock and 50,000,000 shares of preferred stock, par value $0.01 . The Company (i) paid to AEP an aggregate amount in cash equal to $800 million (the Cash Consideration) and (ii) issued and delivered to AEP an aggregate of 29,444,846 shares of common stock at $41.99 per share. The $1.2 billion of common stock was comprised of: (a) 5,651,177 shares of Class A Common Stock, par value $0.01 equal to 9.9 percent of the aggregate number of shares of Class A Common Stock issued and outstanding immediately following the closing of the Acquisition, and (b) 23,793,669 shares of newly created Class B Common Stock, par value $0.01 . The remaining of approximately $3.2 billion of consideration was comprised of the assumption of Federal-Mogul debt obligations. Following the closing of the Acquisition, the Company has agreed to use its reasonable best efforts to pursue the separation of the combined companys powertrain technology business and its aftermarket and ride performance business into two separate, publicly traded companies in a spin-off transaction that is expected to be treated as a tax-free reorganization for U.S. federal income tax purposes. Advisory costs associated with the Acquisition were $12 million and $43 million for the three and nine months ended September 30, 2018 , respectively, and have been recognized as a component of selling, general, and administrative expenses in the condensed consolidated statements of income.