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ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2022

Acquisitions

Schedule of finite-lived and indefinite-lived intangible assets acquired

The following table presents the details of intangible assets as of the acquisition date, inclusive of purchase price adjustments outlined above (in millions, except as stated). All acquired intangible assets with finite lives are amortized using the straight-line method.


		Cboe Asia Pacific			Useful Life (Years)		Cboe Digital			Useful Life (Years)		NEO			Useful Life (Years)
Trading registrations and licenses		$	6.2		Indefinite		$	25.0		Indefinite		$	15.1		Indefinite
Customer relationships			60.1		30			—					37.4		15
Technology			7.5		2			70.0		10			16.2		7
Trademarks and tradenames			—					—					0.4		5
Total identifiable intangible assets		$	73.8				$	95.0				$	69.1

NEO

Acquisitions

Schedule of Purchase Price Allocation

The following table presents the details of the adjustments made to the initial purchase price allocation for the NEO acquisition during the year ended December 31, 2022 (in millions)


		Initial purchase			Total			Adjusted purchase
		price allocation			adjustments			price allocation
Goodwill		$	132.4		$	0.2		$	132.6
Intangible assets			130.1			(61.0)			69.1
Net working capital			(6.9)			16.6			9.7
Contingent consideration			(54.3)			44.2			(10.1)