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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2023
Accounting Policies [Abstract] |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction | We expect to recognize as revenue the following amounts related to our remaining performance obligations as of December 31, 2023, inclusive of the foreign exchange impact:
Performance Obligation |  | Balance
|  | (In millions)
Less than 1 year |  | $ | 29.6 |
1 to 3 years |  | 33.2 |
3 to 5 years |  | 15.0 |
Thereafter |  | 20.1 |
Total remaining performance obligation |  | $ | 97.9 |
Reconciliation of Weighted-Average Outstanding Shares Used in Calculations of Basic and Diluted EPS | A reconciliation of the weighted-average outstanding shares used in the two calculations is as follows:
| Twelve Months Ended December 31,
| 2023 |  | 2022 |  | 2021
| (In millions)
Weighted-average shares outstanding (basic) | 122.9 |  |  | 122.4 |  |  | 121.9 |
Effect of dilutive securities: |  |  |  |  |
Stock options and restricted stock units | 1.0 |  |  | 0.9 |  |  | 1.7 |
Weighted-average shares outstanding (diluted) | 123.9 |  |  | 123.3 |  |  | 123.6 |
Accounts Receivable, Allowance for Credit Loss | Below is a rollforward of our allowance for doubtful accounts for the twelve months ended December 31, 2023 and 2022:
|  | Twelve Months Ended December 31,
|  | 2023 |  | 2022
|  | (In millions)
Allowance for doubtful accounts, beginning of period |  | $19.1 |  | $13.9
Current period bad debt expense |  | 11.4 |  | 8.5
Write-offs, net of recoveries |  | (13.8) |  | (3.3)
Allowance for doubtful accounts, end of period |  | $16.7 |  | $19.1
Useful Life of Other Purchased Intangible Assets | All of our other purchased intangible assets are also amortized on a straight-line basis.
Asset |  | Useful Life
|  | (In years)
Purchased data files |  | 5 to 15
Acquired software and technology |  | 3 to 8
Non-compete agreements |  | 3 to 15
Proprietary database |  | 6 to 15
Customer relationships |  | 3 to 25
Trade names |  | 2 to 17
Assets and Liabilities Measured at Fair Value on Recurring Basis | The following table presents assets and liabilities measured at fair value on a recurring basis:
|  |  |  | Fair Value Measurements at Reporting Date Using:
Description |  | Fair Value at December 31, 2023 |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
|  | (In millions)
Assets and Liabilities: |  |  |  |  |  |  |  |
Deferred Compensation Plan Assets (1) |  | $ | 43.4 |  |  | $ | 43.4 |  |  | $ | — |  |  | $ | — |
Deferred Compensation Plan Liability (1) |  | (43.4) |  |  | — |  |  | (43.4) |  |  | — |
Total assets and liabilities |  | $ | — |  |  | $ | 43.4 |  |  | $ | (43.4) |  |  | $ | — |
(1) We maintain deferred compensation plans that allow for certain management employees to defer the receipt of compensation (such as salary and incentive compensation) until a later date based on the terms of the plans. The liability representing benefits accrued for plan participants is valued at the quoted market prices of the participants’ investment elections. The asset consists of mutual funds reflective of the participants investment selections and is valued at daily quoted market prices.
Summary of Noncontrolling Interests Activities | The Company's redeemable noncontrolling interests activities for the year ended December 31, 2023 are summarized as follows:
|  | Twelve Months Ended December 31,
|  | 2023 |  |
|  | (In millions) |
Redeemable noncontrolling interests, beginning of period |  | $ | — |  |  |
Fair value of the redeemable noncontrolling interest at the acquisition date |  | 176.4 |  |
Net income attributable to redeemable noncontrolling interest |  | 1.5 |  |  |
Return of capital to redeemable noncontrolling interests |  | (42.8) |  |
Redeemable noncontrolling interests, end of period |  | $ | 135.1 |  |  |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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