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Segment Information
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
Our segment disclosure is intended to provide the users of our consolidated financial statements with a view of the business that is consistent with management of the Company.
We manage our business and report our financial results through the following two segments:
•North America offers Finance & Risk and Sales & Marketing data, analytics and business insights in the United States and Canada; and
•International offers Finance & Risk and Sales & Marketing data, analytics and business insights directly in the U.K., Europe, Greater China, India and indirectly through our WWN alliances.
On January 8, 2021, we acquired 100% ownership of Bisnode Business Information Group AB (“Bisnode”), a leading European data and analytics firm and long-standing member of the Dun & Bradstreet WWN alliances, for a total purchase price of $805.8 million. See Note 14 for further discussion. Financial results of Bisnode ("Europe") has been included in our International segment since the acquisition date.
We use EBITDA as the primary profitability measure for making decisions regarding ongoing operations. We define adjusted EBITDA as net income (loss) attributable to Dun & Bradstreet Holdings, Inc. excluding the following items: (i) depreciation and amortization; (ii) interest expense and income; (iii) income tax benefit or provision; (iv) other expenses or income; (v) equity in net income of affiliates; (vi) net income attributable to non-controlling interests; (vii) dividends allocated to preferred stockholders; (viii) other incremental or reduced expenses and revenue from the application of purchase accounting (e.g. commission asset amortization) and acquisitions; (ix) equity-based compensation; (x) restructuring charges; (xi) merger and acquisition-related operating costs; (xii) transition costs primarily consisting of non-recurring incentive expenses associated with our synergy program; (xiii) legal reserve and costs associated with significant legal and regulatory matters; and (xiv) asset impairment.
Our client solution sets are Finance & Risk and Sales & Marketing. Inter-segment sales are immaterial, and no single client accounted for 10% or more of our total revenue.
Three months ended March 31,
 20212020
Revenue:
North America$339.4 $341.5 
International169.9 71.6 
       Corporate and other (1)(4.8)(17.4)
Consolidated total$504.5 $395.7 
(1)Revenues for Corporate and other for the three months ended March 31, 2021 primarily represents adjustments recorded in accordance with GAAP to the International segment due to the timing of the completion of the Bisnode acquisition. Revenue for Corporate and other for the three months ended March 31, 2020 represents deferred revenue purchase accounting adjustments recorded in accordance with GAAP related to the Take-Private Transaction, Lattice acquisition and other 2020 acquisitions.
Three months ended March 31,
 20212020
Adjusted EBITDA
North America$151.0 $144.5 
International51.5 24.0 
       Corporate and other(16.9)(33.4)
Consolidated total$185.6 $135.1 
Depreciation and amortization(149.7)(134.4)
Interest expense - net(48.8)(82.7)
Dividends allocated to preferred stockholders— (32.0)
Benefit (provision) for income taxes9.8 74.2 
Other income (expense) - net6.8 89.3 
Equity in net income of affiliates0.6 0.7 
Net income (loss) attributable to non-controlling interest(1.7)(0.4)
Other incremental or reduced expenses and revenue from the application of purchase accounting and acquisitions0.7 4.9 
Equity-based compensation(7.9)(3.8)
Restructuring charges(5.8)(4.8)
Merger and acquisition-related operating costs(3.1)(2.5)
Transition costs (0.6)(1.6)
Legal reserve associated with significant legal and regulatory matters(9.9)— 
Asset impairment(1.0)(0.1)
Net income (loss) attributable to Dun & Bradstreet Holdings, Inc.$(25.0)$41.9 
Three months ended March 31,
 20212020
Depreciation and amortization:
North America$12.6 $4.7 
International2.8 1.1 
            Total segments15.4 5.8 
       Corporate and other (1)134.3 128.6 
Consolidated total$149.7 $134.4 
Capital expenditures:
North America$0.6 $0.6 
International0.6 0.7 
           Total segments1.2 1.3 
        Corporate and other— 0.1 
Consolidated total$1.2 $1.4 
Additions to computer software and other intangibles:
North America$34.9 $16.9 
International7.3 1.1 
           Total segments42.2 18.0 
        Corporate and other0.2 0.4 
Consolidated total$42.4 $18.4 

(1)Depreciation and amortization for Corporate and other includes incremental amortization resulting from acquisitions.

Supplemental Geographic and Customer Solution Set Information:
March 31,
2021
December 31,
2020
Assets:
    North America$8,121.7 $8,522.9 
    International1,803.2 697.4 
Consolidated total$9,924.9 $9,220.3 
Goodwill:
    North America$2,745.5 $2,745.5 
    International572.7 112.4 
Consolidated total$3,318.2 $2,857.9 
Other intangibles:
    North America$4,432.0 $4,534.5 
    International725.7 280.3 
Consolidated total$5,157.7 $4,814.8 
Other long-lived assets (excluding deferred income tax):
    North America$568.4 $562.9 
    International192.5 96.2 
Consolidated total$760.9 $659.1 
Total long-lived assets$9,236.8 $8,331.8 
Three months ended March 31,
Customer Solution Set Revenue:20212020
 
North America (1):
    Finance & Risk$190.5 $192.8 
    Sales & Marketing 148.9 148.7 
Total North America$339.4 $341.5 
International:
    Finance & Risk$107.4 $58.6 
    Sales & Marketing 62.5 13.0 
Total International$169.9 $71.6 
Corporate and other:
    Finance & Risk$(2.3)$(9.8)
    Sales & Marketing(2.5)(7.6)
Total Corporate and other$(4.8)$(17.4)
Total Revenue:
    Finance & Risk$295.6 $241.6 
    Sales & Marketing208.9 154.1 
Total Revenue$504.5 $395.7 
(1)Substantially all of the North America revenue is attributable to the United States.