XML 51 R42.htm IDEA: XBRL DOCUMENT v3.23.3

Note 3 - Revenues - Summary of Change in Contract Liabilities (Details) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)
Contract Liabilities	$ 321.7
Revenue	(2,004.2)
Acquisitions	0.1
Foreign currency translation adjustment, contract with customer	(1.7)
Billings	2,107.9
Contract Liabilities	$ 423.8

X

- Definition

Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479837/606-10-45-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-8

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479837/606-10-45-2

+ Details

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

X

- Definition

Amount of increase (decrease) in obligation to transfer good or service to customer for which consideration from customer has been received or is due, from business combination.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

+ Details

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

X

- Definition

Amount of increase (decrease) in obligation to transfer good or service to customer from billings.

+ References

No definition available.

+ Details

Name:	vrsk_ContractWithCustomerLiabilityBillings
Namespace Prefix:	vrsk_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Amount of increase (decrease) in obligation due to foreign currency translation adjustment

+ References

No definition available.

+ Details

Name:	vrsk_ContractWithCustomerLiabilityForeignCurrencyTranslationAdjustment
Namespace Prefix:	vrsk_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Amount of revenue recognized during period including amounts previously included in balance of obligation to transfer good or service to customer for which consideration from customer has been received or is due.)

+ References

No definition available.

+ Details

Name:	vrsk_ContractWithCustomerLiabilityRevenueRecognizedDuringPeriod
Namespace Prefix:	vrsk_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration