ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2023

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 Digital		Useful Life (Years)	Cboe Canada		Useful Life (Years)
Trading registrations and licenses	$	25.0	Indefinite	$	15.1	Indefinite
Customer relationships		—			37.4	15
Technology		70.0	10		16.2	7
Trademarks and tradenames		—			0.4	5
Total identifiable intangible assets	$	95.0		$	69.1

Cboe Canada

Acquisitions

Schedule of Purchase Price Allocation

The following table presents the details of the adjustments made to the initial purchase price allocation for the Cboe Canada (formerly 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)