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Segments (Tables)
 3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Business Segment Information

Business Segment Information

 

(IN MILLIONS)

 

Connect

 

 

Media

 

 

Corporate

 

 

Total

 

Three Months Ended March 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

717

 

 

$

842

 

 

 

—

 

 

$

1,559

 

Operating income/(loss)

 

$

(15

)

 

$

191

 

 

$

(78

)

 

$

98

 

Depreciation and amortization

 

$

65

 

 

$

147

 

 

$

2

 

 

$

214

 

Restructuring charges

 

$

8

 

 

$

1

 

 

$

2

 

 

$

11

 

Share-based compensation expense

 

$

5

 

 

$

4

 

 

$

7

 

 

$

16

 

Other items(1)

 

$

—

 

 

$

—

 

 

$

21

 

 

$

21

 

Separation-related costs(2)

 

$

—

 

 

$

—

 

 

$

35

 

 

$

35

 

Business segment income/(loss)(3)

 

$

63

 

 

$

343

 

 

$

(11

)

 

$

395

 

Total assets as of March 31, 2020

 

$

4,432

 

 

$

9,597

 

 

$

164

 

 

$

14,193

 

 

(IN MILLIONS)

 

 

Connect

 

 

 

Media

 

 

 

Corporate

 

 

 

Total

 

Three Months Ended March 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

737

 

 

$

826

 

 

 

—

 

 

$

1,563

 

Operating income/(loss)

 

$

(2

)

 

$

214

 

 

$

(38

)

 

$

174

 

Depreciation and amortization

 

$

55

 

 

$

123

 

 

$

1

 

 

$

179

 

Restructuring charges

 

$

22

 

 

$

7

 

 

$

6

 

 

$

35

 

Share-based compensation expense

 

$

4

 

 

$

3

 

 

$

8

 

 

$

15

 

Other items(1)

 

$

—

 

 

$

—

 

 

$

12

 

 

$

12

 

Business segment income/(loss)(3)

 

$

79

 

 

$

347

 

 

$

(11

)

 

$

415

 

Total assets as of December 31, 2019

 

$

4,376

 

 

$

9,675

 

 

$

268

 

 

$

14,319

 

    

 

(1)

Other items primarily consist of business optimization costs and transaction related costs for the three months ended March 31, 2020. Other items primarily consist of business optimization costs, including strategic review costs, and transaction related costs for the three months ended March 31, 2019.

 

(2)

Separation-related costs consists of costs that would not have been incurred if Nielsen was not undertaking the separation of the Nielsen Global Connect business from the Nielsen Global Media business and positioning Global Connect and Global Media to operate as two independent companies.  

 

(3)

The Company’s chief operating decision maker uses business segment income/(loss) to measure performance from period to period both at the consolidated level as well as within its operating segments.