calculations would be adjusted for interest expense associated with this debt instrument .eitf issue no .04-08 would have been effective beginning with the company 2019s 2004 fourth quarter .however , due to the fasb 2019s delay in issuing sfas no .128r and the company 2019s intent and ability to settle this debt security in cash versus the issuance of stock , the impact of the additional diluted shares will not be included in the diluted earnings per share calculation until the proposed sfas no .128r is effective .when sfas no .128r is effective , prior periods 2019 diluted shares outstanding and diluted earnings per share amounts will be restated to present comparable information .the estimated annual reduction in the company 2019s diluted earnings per share would have been approximately $ .02 to $ .03 per share for total year 2005 , 2004 and 2003 .because the impact of this standard is ongoing , the company 2019s diluted shares outstanding and diluted earnings per share amounts would be impacted until retirement or modification of certain terms of this debt security .note 2 .acquisitions and divestitures the company acquired cuno on august 2 , 2005 .the operating results of cuno are included in the industrial business segment .cuno is engaged in the design , manufacture and marketing of a comprehensive line of filtration products for the separation , clarification and purification of fluids and gases .3m and cuno have complementary sets of filtration technologies and the opportunity to bring an even wider range of filtration solutions to customers around the world .3m acquired cuno for approximately $ 1.36 billion , comprised of $ 1.27 billion of cash paid ( net of cash acquired ) and the acquisition of $ 80 million of debt , most of which has been repaid .purchased identifiable intangible assets of $ 268 million for the cuno acquisition will be amortized on a straight- line basis over lives ranging from 5 to 20 years ( weighted-average life of 15 years ) .in-process research and development charges from the cuno acquisition were not material .pro forma information related to this acquisition is not included because its impact on company 2019s consolidated results of operations is not considered to be material .the preliminary allocation of the purchase price is presented in the table that follows .2005 cuno acquisition asset ( liability ) ( millions ) .
[['accounts receivable', '$ 96'], ['inventory', '61'], ['property plant and equipment - net', '121'], ['purchased intangible assets', '268'], ['purchased goodwill', '992'], ['other assets', '30'], ['deferred tax liability', '-102 ( 102 )'], ['accounts payable and other current liabilities', '-104 ( 104 )'], ['interest bearing debt', '-80 ( 80 )'], ['other long-term liabilities', '-16 ( 16 )'], ['net assets acquired', '$ 1266'], ['supplemental information:', ''], ['cash paid', '$ 1294'], ['less : cash acquired', '28'], ['cash paid net of cash acquired', '$ 1266']]
during the year ended december 31 , 2005 , 3m entered into two immaterial additional business combinations for a total purchase price of $ 27 million , net of cash acquired .1 ) 3m ( electro and communications business ) purchased certain assets of siemens ultrasound division 2019s flexible circuit manufacturing line , a u.s .operation .the acquired operation produces flexible interconnect circuits that provide electrical connections between components in electronics systems used primarily in the transducers of ultrasound machines .2 ) 3m ( display and graphics business ) purchased certain assets of mercury online solutions inc. , a u.s .operation .the acquired operation provides hardware and software technologies and network management services for digital signage and interactive kiosk networks. .

Question: what was the percent of the accounts receivable of the net assets acquired
Answer: 7.6%