Goodwill and Other Intangibles (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Capitalized Software and Goodwill

Computer Software and Goodwill:

	Computer Software		Goodwill
Predecessor:
December 31, 2018	$	133.8	$	770.8
Additions at cost (1)	5.0		—
Amortization	(6.8)		—
Other (3)	0.1		2.7
February 8, 2019	$	132.1	$	773.5
Successor:
January 1, 2019	$	—	$	—
Acquisitions (2)	376.0		2,797.6
Additions at cost (1)	4.2		—
Amortization	(8.6)		—
Other (3)	0.4		—
March 31, 2019	$	372.0	$	2,797.6
Additions at cost (1)	17.0		—
Amortization	(13.4)		—
Other (3)	(3.5)		(5.0)
June 30, 2019	$	372.1	$	2,792.6
January 1, 2020	$	379.8	$	2,840.1
Acquisition (4)	—		10.7
Additions at cost (1)	17.4		—
Amortization	(15.9)		—
Write-off	(0.2)		—
March 31, 2020	$	381.1	$	2,850.8
Additions at cost	28.3		—
Amortization	(16.8)		—
Write-off	(0.1)		—
Other (3)	(0.7)		(2.8)
June 30, 2020	$	391.8	$	2,848.0

Schedule of Finite-Lived Intangible Assets

Other Intangibles:

	Customer Relationships		Database and Other		Other Indefinite-Lived Intangibles		Total
Predecessor:
December 31, 2018	$	75.7	$	50.0	$	158.4	$	284.1
Additions	—		0.1		—		0.1
Amortization	(1.7)		(1.5)		—		(3.2)
Other (3)	0.1		—		—		0.1
February 7, 2019	$	74.1	$	48.6	$	158.4	$	281.1
Successor:
January 1, 2019	$	—	$	—	$	—	$	—
Acquisition (2)	2,589.0		1,769.0		1,200.8		5,558.8
Amortization	(42.0)		(28.7)		—		(70.7)
March 31, 2019	$	2,547.0	$	1,740.3	$	1,200.8	$	5,488.1
Additions	—		0.2		—		0.2
Amortization	(71.9)		(49.1)		—		(121.0)
Other (3)	(6.0)		—		—		(6.0)
June 30, 2019	$	2,469.1	$	1,691.4	$	1,200.8	$	5,361.3
January 1, 2020	$	2,162.1	$	1,813.5	$	1,275.8	$	5,251.4
Acquisition (4)	2.4		6.8		—		9.2
Additions at cost	—		0.1		—		0.1
Amortization	(65.1)		(51.0)		—		(116.1)
Other (3)	(0.2)		(1.0)		—		(1.2)
March 31, 2020	$	2,099.2	$	1,768.4	$	1,275.8	$	5,143.4
Additions	—		0.2		—		0.2
Amortization	(63.3)		(50.2)		—		(113.5)
Other (3)	(2.5)		(5.3)		—		(7.8)
June 30, 2020	$	2,033.4	$	1,713.1	$	1,275.8	$	5,022.3

(1)Primarily related to software-related enhancements on products.

(2)Related to the Take-Private Transaction. See Note 12 for further detail.

(3)Primarily due to the impact of foreign currency fluctuations.

(4)Related to the acquisition of Orb Intelligence and coAction.com.

Schedule of Indefinite-Lived Intangible Assets

Other Intangibles:

	Customer Relationships		Database and Other		Other Indefinite-Lived Intangibles		Total
Predecessor:
December 31, 2018	$	75.7	$	50.0	$	158.4	$	284.1
Additions	—		0.1		—		0.1
Amortization	(1.7)		(1.5)		—		(3.2)
Other (3)	0.1		—		—		0.1
February 7, 2019	$	74.1	$	48.6	$	158.4	$	281.1
Successor:
January 1, 2019	$	—	$	—	$	—	$	—
Acquisition (2)	2,589.0		1,769.0		1,200.8		5,558.8
Amortization	(42.0)		(28.7)		—		(70.7)
March 31, 2019	$	2,547.0	$	1,740.3	$	1,200.8	$	5,488.1
Additions	—		0.2		—		0.2
Amortization	(71.9)		(49.1)		—		(121.0)
Other (3)	(6.0)		—		—		(6.0)
June 30, 2019	$	2,469.1	$	1,691.4	$	1,200.8	$	5,361.3
January 1, 2020	$	2,162.1	$	1,813.5	$	1,275.8	$	5,251.4
Acquisition (4)	2.4		6.8		—		9.2
Additions at cost	—		0.1		—		0.1
Amortization	(65.1)		(51.0)		—		(116.1)
Other (3)	(0.2)		(1.0)		—		(1.2)
March 31, 2020	$	2,099.2	$	1,768.4	$	1,275.8	$	5,143.4
Additions	—		0.2		—		0.2
Amortization	(63.3)		(50.2)		—		(113.5)
Other (3)	(2.5)		(5.3)		—		(7.8)
June 30, 2020	$	2,033.4	$	1,713.1	$	1,275.8	$	5,022.3

(1)Primarily related to software-related enhancements on products.

(2)Related to the Take-Private Transaction. See Note 12 for further detail.

(3)Primarily due to the impact of foreign currency fluctuations.

(4)Related to the acquisition of Orb Intelligence and coAction.com.

Schedule of Revenue and Operating Income (Loss) by Segment

	Three-Month Period				Six-Month Period
	Successor								Predecessor
	Three Months Ended June 30, 2020		Three Months Ended June 30, 2019		Six Months Ended June 30, 2020		Period from January 1 to June 30, 2019		Period from January 1 to February 7, 2019
Revenue:
North America	$	354.3	$	360.9	$	695.8	$	542.1	$	148.2
International	68.4		76.0		139.6		91.0		56.4
Corporate and other (1)	(2.1)		(38.0)		(19.5)		(60.1)		(25.9)
Consolidated Total	$	420.6	$	398.9	$	815.9	$	573.0	$	178.7

(1)Revenue for Corporate and Other represents deferred revenue purchase accounting adjustments recorded in accordance with GAAP related to the Take-Private Transaction included in each of the Successor periods and recent acquisitions for the three and six months ended June 30, 2020 (Successor), and the International lag adjustment (see Note 1) included in the period from January 1 to February 7, 2019 (Predecessor).

	Three-Month Period				Six-Month Period
	Successor								Predecessor
	Three Months Ended June 30, 2020		Three Months Ended June 30, 2019		Six Months Ended June 30, 2020		Period from January 1 to June 30, 2019		Period from January 1 to February 7, 2019
Adjusted EBITDA
North America	$	170.1	$	175.1	$	313.9	$	246.6	$	55.3
International	20.2		27.5		43.4		30.3		20.3
Corporate and other (1)	(14.2)		(54.1)		(47.8)		(87.8)		(9.3)
Consolidated total	$	176.1	$	148.5	$	309.5	$	189.1	$	66.3
Depreciation and amortization	(132.6)		(136.8)		(266.9)		(217.3)		(11.1)
Interest expense - net	(77.8)		(85.4)		(160.5)		(133.4)		(5.2)
Dividends allocated to preferred stockholders	(32.1)		(32.0)		(64.1)		(49.9)		—
Benefit for income taxes - net	27.5		23.1		101.8		60.1		27.5
Other income (expense) - net	(122.7)		8.1		(32.7)		12.3		(86.0)
Equity in net income of affiliates	0.6		2.8		1.2		2.9		0.5
Net income (loss) attributable to non-controlling interest	(1.2)		(1.5)		(1.6)		(1.9)		(0.8)
Lag adjustment	—		—		—		—		(2.7)
Other incremental or reduced expenses from the application of purchase accounting	4.9		6.4		9.9		10.5		—
Equity-based compensation	(25.1)		(3.7)		(28.9)		(4.2)		(11.7)
Restructuring charges	(6.8)		(17.4)		(11.3)		(35.9)		(0.1)
Merger and acquisition-related operating costs	(2.0)		(1.2)		(4.4)		(148.6)		(52.0)
Transition costs	(15.7)		(2.5)		(17.3)		(3.5)		(0.3)
Legal reserve associated with significant legal and regulatory matters	—		(0.1)		—		0.2		—
Asset impairment	(0.2)		(2.3)		(0.3)		(2.3)		—
Net income (loss) attributable to Dun & Bradstreet Holdings, Inc. (Successor) / The Dun & Bradstreet Corporation (Predecessor)	$	(207.1)	$	(94.0)	$	(165.6)	$	(321.9)	$	(75.6)

(1)Corporate and Other includes deferred revenue purchase accounting adjustments recorded in accordance with GAAP related to the Take-Private Transaction and recent acquisitions of ($2.1) million and ($19.5) million for the Successor three and six months ended June 30, 2020, respectively, $(38.0) million and $(60.1) million for the three months ended June 30, 2019 (Successor) and the period from January 1, 2019 to June 30, 2019 (Successor), respectively, and the International lag adjustment of $(2.7) million for the period from January 1 to February 7, 2019 (Predecessor).