XML 97 R85.htm IDEA: XBRL DOCUMENT v3.22.0.1

Note 16 - Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Millions									1 Months Ended							12 Months Ended
	Oct. 27, 2021	Oct. 01, 2021	Jul. 28, 2021	Jul. 01, 2021	Apr. 28, 2021	Apr. 01, 2021	Feb. 17, 2021	Jan. 04, 2021	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	May 31, 2021	Mar. 31, 2021	Feb. 28, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Aug. 17, 2021
Common Stock, Shares Authorized (in shares)									2,000,000,000						2,000,000,000	2,000,000,000	2,000,000,000
Share Price (in dollars per share)									$ 228.73						$ 206.34	$ 228.73	$ 206.34	$ 147.50
Preferred Stock, Shares Authorized (in shares)									80,000,000							80,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)									$ 0.001							$ 0.001
Preferred Stock, Shares Issued, Total (in shares)									0						0	0	0
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.29		$ 0.29		$ 0.29		$ 0.29
Payments of Dividends, Total																$ 188.2	$ 175.8	$ 163.5
Accelerated Share Repurchases, Initial Price, Shares (in shares)																2,102,055
Treasury Stock, Shares, Ending Balance (in shares)									392,351,399						381,185,512	392,351,399	381,185,512
Common Stock Reissued (in shares)																1,379,304	1,811,046	1,369,305
Common Stock, Weighted Average Price (in dollars per share)									$ 11.78						$ 10.67	$ 11.78	$ 10.67	$ 9.72
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)																620,241	513,137	674,983
Share Repurchase Programs [Member]
Stock Repurchase Program, Authorized Amount									$ 4,600.0							$ 4,600.0
Treasury Stock, Cumulative Value Acquired, Cost Method									3,996.2							3,996.2
Stock Repurchase Program, Remaining Authorized Repurchase Amount									$ 603.8							$ 603.8
Accelerated Share Repurchases, Initial Price, Shares (in shares)																2,545,191	2,155,084
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)																$ 186.63	$ 161.84
Treasury Stock, Shares, Ending Balance (in shares)									382,351,399							382,351,399
August 2021 Share Repurchase Program [Member] | Common Stock [Member]
Stock Repurchase Program, Authorized Amount																			$ 500.0
December 2020 Share Repurchase Program [Member]
Accelerated Share Repurchases, Purchase Price															$ 50.0
Accelerated Share Repurchases, Initial Price, Shares (in shares)								192,687						70,787
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)														$ 189.77
March 2021 Share Repurchase Program [Member]
Accelerated Share Repurchases, Purchase Price													$ 125.0
Accelerated Share Repurchases, Initial Price, Shares (in shares)						565,963						121,965
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)												$ 181.71
June 2021 Share Repurchase Program [Member]
Accelerated Share Repurchases, Purchase Price											$ 150.0
Accelerated Share Repurchases, Initial Price, Shares (in shares)				686,813						111,429
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)										$ 187.91
September 2021 Share Repurchase Program [Member]
Accelerated Share Repurchases, Purchase Price										$ 75.0
Accelerated Share Repurchases, Initial Price, Shares (in shares)									52,815
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)									$ 212.82
October 2021 Share Repurchase Program [Member]
Accelerated Share Repurchases, Initial Price, Shares (in shares)		299,596

X

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Aggregate dividends declared during the period for each share of common stock outstanding.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

+ Details

Name:	us-gaap_CommonStockDividendsPerShareDeclared
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:perShareItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The maximum number of common shares permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_CommonStockSharesAuthorized
Namespace Prefix:	us-gaap_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3291-108585

+ Details

Name:	us-gaap_PaymentsOfDividends
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(28))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

+ Details

Name:	us-gaap_PreferredStockParOrStatedValuePerShare
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:perShareItemType
Balance Type:	na
Period Type:	instant

X

- Definition

The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(28))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_PreferredStockSharesAuthorized
Namespace Prefix:	us-gaap_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(28))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

+ Details

Name:	us-gaap_PreferredStockSharesIssued
Namespace Prefix:	us-gaap_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Price of a single share of a number of saleable stocks of a company.

+ References

No definition available.

+ Details

Name:	us-gaap_SharePrice
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:perShareItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Amount of stock repurchase plan authorized.

+ References

No definition available.

+ Details

Name:	us-gaap_StockRepurchaseProgramAuthorizedAmount1
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Amount remaining of a stock repurchase plan authorized.

+ References

No definition available.

+ Details

Name:	us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

Total cost of shares repurchased divided by the total number of shares repurchased.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655

+ Details

Name:	us-gaap_TreasuryStockAcquiredAverageCostPerShare
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:perShareItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29,30)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655

+ Details

Name:	us-gaap_TreasuryStockShares
Namespace Prefix:	us-gaap_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	instant

X

- Definition

The number of shares at initial price for accelerated share repurchases.

+ References

No definition available.

+ Details

Name:	vrsk_AcceleratedShareRepurchasesInitialPriceShares
Namespace Prefix:	vrsk_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The purchase price of accelerated share repurchases.

+ References

No definition available.

+ Details

Name:	vrsk_AcceleratedShareRepurchasesPurchasePrice
Namespace Prefix:	vrsk_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

The number of common stock reissued.

+ References

No definition available.

+ Details

Name:	vrsk_CommonStockReissued
Namespace Prefix:	vrsk_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This element represents the weighted average price of common stock of an entity for the reporting period.

+ References

No definition available.

+ Details

Name:	vrsk_CommonStockWeightedAveragePrice
Namespace Prefix:	vrsk_
Data Type:	dtr-types:perShareItemType
Balance Type:	na
Period Type:	instant

X

- Definition

The cumulative value of treasury stock acquired using the cost method.

+ References

No definition available.

+ Details

Name:	vrsk_TreasuryStockCumulativeValueAcquiredCostMethod
Namespace Prefix:	vrsk_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Details

Name:	us-gaap_ShareRepurchaseProgramAxis=vrsk_ShareRepurchaseProgramsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_ShareRepurchaseProgramAxis=vrsk_August2021ShareRepurchaseProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_ShareRepurchaseProgramAxis=vrsk_December2020ShareRepurchaseProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_ShareRepurchaseProgramAxis=vrsk_March2021ShareRepurchaseProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_ShareRepurchaseProgramAxis=vrsk_June2021ShareRepurchaseProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_ShareRepurchaseProgramAxis=vrsk_September2021ShareRepurchaseProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_ShareRepurchaseProgramAxis=vrsk_October2021ShareRepurchaseProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: