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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
The change in the carrying amount of goodwill by segment is shown below:
(in millions)
S&P Ratings
 
S&P Capital IQ
 
S&P DJ Indices
 
C&C
 
Total
Balance as of December 31, 2010
$
191

 
$
240

 
$
223

 
$
289

 
$
943

Additions, net

 

 

 
159

 
159

Other (primarily Fx)
6

 
(2
)
 

 
(2
)
 
2

Balance as of December 31, 2011
197

 
238

 
223

 
446

 
1,104

Additions
29

 
164

 
111

 
21

 
325

Transfers/reorganizations
(95
)
 
53

 
45

 

 
3

Other (primarily Fx)
(1
)
 
2

 
1

 
4

 
6

Balance as of December 31, 2012
$
130

 
$
457

 
$
380

 
$
471

 
$
1,438

Other Intangible Assets
The following table summarizes our definite-lived intangible assets:
(in millions)
 
 
 
 
 
 
 
 
 
 
 
Cost
Databases and software
 
Content
 
Customer relationships
 
Tradenames
 
Other intangibles
 
Total
Balance as of December 31, 2010
$
82

 
$
139

 
$
104

 
$
37

 
$
60

 
$
422

     Additions, net
27

 

 
11

 
8

 
2

 
48

Balance as of December 31, 2011
109

 
139

 
115

 
45

 
62

 
470

     Additions, net
17

 

 
110

 
1

 
108

 
236

     Other (primarily Fx)

 

 

 
(1
)
 
1

 

Balance as of December 31, 2012
$
126

 
$
139

 
$
225

 
$
45

 
$
171

 
$
706

 
 
 
 
 
 
 
 
 
 
 
 
Accumulated amortization
 
 
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2010
$
64

 
$
3

 
$
36

 
$
24

 
$
47

 
$
174

Current year amortization
6

 
14

 
7

 
3

 
3

 
33

Balance as of December 31, 2011
70

 
17

 
43

 
27

 
50

 
207

Current year amortization
10

 
14

 
11

 
3

 
10

 
48

     Other (primarily Fx)

 

 
1

 

 
3

 
4

Balance as of December 31, 2012
$
80

 
$
31

 
$
55

 
$
30

 
$
63

 
$
259

 
 
 
 
 
 
 
 
 
 
 
 
Net definite-lived intangibles:
 
 
 
 
 
 
 
 
 
 
 
December 31, 2011
$
39

 
$
122

 
$
72

 
$
18

 
$
12

 
$
263

December 31, 2012
$
46

 
$
108

 
$
170

 
$
15

 
$
108

 
$
447

Amortization expense and projected amortization expense for intangible assets
Amortization expense for the years ended December 31, 2012, 2011 and 2010, and the projected amortization expense for intangible assets over the next five years for the years ended December 31, assuming no further acquisitions or dispositions, is as follows:
(in millions)
Amortization
expense
 
Expected
amortization
expense
2010
$
21

 
 
2011
33

 
 
2012
48

 
 
2013
 
 
$
51

2014
 
 
52

2015
 
 
49

2016
 
 
49

2017
 
 
46