XML 46 R27.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Change in Carrying Amount of Goodwill | The change in the carrying amount of goodwill by segment is shown below:
(in millions) | Ratings |  | Market and Commodities Intelligence |  | Indices |  | Total
Balance as of December 31, 2015 | $ | 114 |  |  | $ | 2,392 |  |  | $ | 376 |  |  | $ | 2,882 |
Acquisitions | — |  |  | 106 |  |  | 7 |  |  | 113 |
Dispositions | — |  |  | (35 | ) |  | — |  |  | (35 | )
Other 1 | (5 | ) |  | (6 | ) |  | — |  |  | (11 | )
Balance as of December 31, 2016 | 109 |  |  | 2,457 |  |  | 383 |  |  | 2,949 |
Other 1 | 5 |  |  | 27 |  |  | 8 |  |  | 40 |
Balance as of December 31, 2017 | $ | 114 |  |  | $ | 2,484 |  |  | $ | 391 |  |  | $ | 2,989 |
1 | Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions. 2016 includes adjustments related to SNL and Petromedia. 2017 includes adjustments related to PIRA, Trucost, RigData and Commodity Flow.
Schedule of Other Intangible Assets | The following table summarizes our definite-lived intangible assets:
(in millions) |  |  |  |  |  |  |  |  |  |  |
Cost | Databases and software |  | Content |  | Customer relationships |  | Tradenames |  | Other intangibles |  | Total
Balance as of December 31, 2015 | $ | 510 |  |  | $ | 139 |  |  | $ | 168 |  |  | $ | 47 |  |  | $ | 269 |  |  | $ | 1,133 |
Acquisitions | — |  |  | — |  |  | — |  |  | — |  |  | 98 |  |  | 98 |
Dispositions | — |  |  | — |  |  | — |  |  | (2 | ) |  | (8 | ) |  | (10 | )
Impairment 1 | (2 | ) |  | — |  |  | — |  |  | — |  |  | (22 | ) |  | (24 | )
Reclassifications | — |  |  | — |  |  | 165 |  |  | 1 |  |  | (166 | ) |  | — |
Other (primarily Fx) | (2 | ) |  | — |  |  | (3 | ) |  | (1 | ) |  | (8 | ) |  | (14 | )
Balance as of December 31, 2016 | 506 |  |  | 139 |  |  | 330 |  |  | 45 |  |  | 163 |  |  | 1,183 |
Dispositions | (4 | ) |  | — |  |  | (2 | ) |  | — |  |  | — |  |  | (6 | )
Other 2 | 52 |  |  | — |  |  | 19 |  |  | 5 |  |  | (86 | ) |  | (10 | )
Balance as of December 31, 2017 | $ | 554 |  |  | $ | 139 |  |  | $ | 347 |  |  | $ | 50 |  |  | $ | 77 |  |  | $ | 1,167 |
Accumulated amortization |  |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2015 | $ | 88 |  |  | $ | 73 |  |  | $ | 60 |  |  | $ | 36 |  |  | $ | 67 |  |  | $ | 324 |
Current year amortization | 47 |  |  | 14 |  |  | 21 |  |  | 2 |  |  | 12 |  |  | 96 |
Dispositions | — |  |  | — |  |  | — |  |  | (1 | ) |  | (6 | ) |  | (7 | )
Impairment 1 | (2 | ) |  | — |  |  | — |  |  | — |  |  | (10 | ) |  | (12 | )
Reclassifications | 2 |  |  | — |  |  | 5 |  |  | — |  |  | (7 | ) |  | — |
Other (primarily Fx) | (3 | ) |  | — |  |  | (2 | ) |  | (1 | ) |  | (4 | ) |  | (10 | )
Balance as of December 31, 2016 | 132 |  |  | 87 |  |  | 84 |  |  | 36 |  |  | 52 |  |  | 391 |
Current year amortization | 52 |  |  | 14 |  |  | 22 |  |  | 4 |  |  | 6 |  |  | 98 |
Dispositions | (3 | ) |  | — |  |  | (2 | ) |  | — |  |  | (1 | ) |  | (6 | )
Reclassifications | 2 |  |  | — |  |  | 1 |  |  | 1 |  |  | (4 | ) |  | — |
Other (primarily Fx) | 4 |  |  | — |  |  | 1 |  |  | 1 |  |  | 4 |  |  | 10 |
Balance as of December 31, 2017 | $ | 187 |  |  | $ | 101 |  |  | $ | 106 |  |  | $ | 42 |  |  | $ | 57 |  |  | $ | 493 |
Net definite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |
December 31, 2016 | $ | 374 |  |  | $ | 52 |  |  | $ | 246 |  |  | $ | 9 |  |  | $ | 111 |  |  | $ | 792 |
December 31, 2017 | $ | 367 |  |  | $ | 38 |  |  | $ | 241 |  |  | $ | 8 |  |  | $ | 20 |  |  | $ | 674 |
1 | Relates to a technology-related impairment charge at Market and Commodities Intelligence and recorded in selling and general expenses in the consolidated statement of income.
2 | Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions. 2017 includes adjustments related to PIRA, Trucost, RigData and Commodity Flow.
Schedule of Projected Amortization Expense for Intangible Assets | Expected amortization expense for intangible assets over the next five years for the years ended December 31, assuming no further acquisitions or dispositions, is as follows:
(in millions) | 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022
Amortization expense | $ | 95 |  |  | $ | 88 |  |  | $ | 82 |  |  | $ | 70 |  |  | $ | 68 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration