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Acquisitions and Divestiture (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
2017 Acquisitions
 
Purchase Consideration
 
Total Net Liabilities Acquired
 
Total Net Deferred Tax Liability
 
Acquired
Intangible Assets
 
Goodwill
 
(in millions)
eVestment
$
744

 
$
(10
)
 
$
(96
)
 
$
405

 
$
445

2016 Acquisitions
 
Purchase Consideration
 
Total Net Assets (Liabilities) Acquired
 
Total Net Deferred Tax Liability
 
Acquired
Intangible Assets
 
Goodwill
 
(in millions)
ISE
$
1,070

 
$
83

 
$
(185
)
 
$
623

 
$
549

Boardvantage
242

 
28

 
(38
)
 
111

 
141

Marketwired
111

 
(1
)
 
(5
)
 
31

 
86

Nasdaq Canada
116

 
6

 
(20
)
 
76

 
54

Acquired Finite Lived Intangible Assets in Acquisition
The following table presents the details of significant acquired intangible assets at the date of each acquisition. All acquired intangible assets with finite lives are amortized using the straight-line method.
 
2017
 
2016
 
eVestment
 
ISE
 
Boardvantage
 
Marketwired
 
Nasdaq Canada
 
($ in millions)
Exchange registrations
$

 
$
467

 
$

 
$

 
$

Discount rate used

 
8.6
%
 

 

 

Estimated average useful life

 
Indefinite

 

 

 

Customer relationships
$
378

 
$
148

 
$
103

 
$
29

 
$
76

Discount rate used
9.3
%
 
9.1
%
 
15.5
%
 
16.4
%
 
10.3
%
Estimated average useful life
14 years

 
13 years

 
14 years

 
6 years

 
17 years

Trade name
$
13

 
$
8

 
$
2

 
$
2

 
$

Discount rate used
9.2
%
 
8.6
%
 
15.0
%
 
15.8
%
 

Estimated average useful life
8 years

 
Indefinite

 
1 year

 
2 years

 

Technology
$
14

 
$

 
$
6

 
$

 
$

Discount rate used
9.2
%
 

 
15.5
%
 

 

Estimated average useful life
8 years

 

 
5 years

 

 

Total intangible assets
$
405

 
$
623

 
$
111

 
$
31

 
$
76