XML 39 R29.htm IDEA: XBRL DOCUMENT v3.21.2

Note 5 - Leases (Tables)

9 Months Ended

Sep. 30, 2021

Notes Tables

Lease, Cost [Table Text Block]

		Three Months Ended September 30,								Nine Months Ended September 30,
		2021				2020				2021				2020
Lease cost:
Operating lease cost (1)		$	13.0			$	13.4			$	39.4			$	38.7
Sublease income			(0.4	)			—				(1.2	)			—
Finance lease costs:
Depreciation of finance lease assets (2)			3.9				3.1				10.7				6.2
Interest on finance lease liabilities (3)			0.2				0.2				0.6				0.5
Total lease cost		$	16.7			$	16.7			$	49.5			$	45.4
Other information:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash outflows from operating leases		$	(12.9	)		$	(13.4	)		$	(38.3	)		$	(39.0	)
Operating cash outflows from finance leases		$	(0.2	)		$	(0.2	)		$	(0.6	)		$	(0.5	)
Financing cash outflows from finance leases		$	(11.1	)		$	(8.6	)		$	(14.8	)		$	(13.0	)

Schedule of Weighted Average Number of Shares [Table Text Block]

		September 30,
		2021				2020
Weighted-average remaining lease term - operating leases (in years)			8.6				9.3
Weighted-average remaining lease term - finance leases (in years)			1.7				2.6
Weighted-average discount rate - operating leases			3.8	%			4.1	%
Weighted-average discount rate - finance leases			3.9	%			4.0	%

Lessee, Lease Liability Maturity [Table Text Block]

		September 30, 2021
Years Ending		Operating Leases				Finance Leases
2021		$	13.3			$	1.8
2022			50.8				12.4
2023			48.2				1.2
2024			39.2				0.2
2025			34.6				0.1
2026 and thereafter			173.0				—
Total lease payments			359.1				15.7
Less: Amount representing interest			(58.8	)			(1.3	)
Present value of total lease payments		$	300.3			$	14.4

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating and finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating and financing lease liability recognized in statement of financial position.

+ References

No definition available.

+ Details

Name:	vrsk_LesseeLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	vrsk_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration