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Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

5. Property, Plant and Equipment

As a result of the 2012 Change in Control Transaction, a purchase accounting fair value increase adjustment of $21.3 million was recorded and allocated primarily to our corporate headquarters building and related building improvements as the other assets carrying values approximated their fair values. Accumulated depreciation for all assets was reduced to zero on April 30, 2012, as a result of purchase accounting adjustments. See Note 2, “Change in Control Transactions.”

 

Property, plant and equipment consisted of the following:

 

                     

(in millions)

   TransUnion Holding
and
TransUnion Corp.
Successor
December 31, 2012		          TransUnion Corp.
Predecessor
December 31, 2011		  

Purchased software

   $ 26.2         $ 144.5  

Computer equipment and furniture

     75.5           242.5  

Building and building improvements

     42.7           61.1  

Land

     3.2           3.2  
   

 

 

        

 

 

  

Total cost of property, plant and equipment

     147.6           451.3  

Less: accumulated depreciation

     (26.4 )          (342.3 )
   

 

 

        

 

 

  

Total property, plant and equipment, net of accumulated depreciation

   $ 121.2         $ 109.0  
   

 

 

        

 

 

  

For TransUnion Holding, depreciation expense from inception through December 31, 2012, including amortization of assets recorded under capital leases, was $26.7 million. For TransUnion Corp. Successor, depreciation expense for the eight months ended December 31, 2012 was $26.7 million. For TransUnion Corp. Predecessor, depreciation expense for the four months ended April 30, 2012, and the years ended December 31, 2011 and 2010 was $12.4 million, $39.3 million and $39.6 million, respectively.