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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill
The change in the carrying amount of goodwill by segment is shown below:
(in millions)
Ratings
 
Market and Commodities Intelligence
 
Indices
 
Total
Balance as of December 31, 2015
$
114

 
$
2,392

 
$
376

 
$
2,882

Acquisitions

 
106

 
7

 
113

Dispositions

 
(35
)
 

 
(35
)
Other 1
(5
)
 
(6
)
 

 
(11
)
Balance as of December 31, 2016
109

 
2,457

 
383

 
2,949

Other 1
5

 
27

 
8

 
40

Balance as of December 31, 2017
$
114

 
$
2,484

 
$
391

 
$
2,989


1 
Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions. 2016 includes adjustments related to SNL and Petromedia. 2017 includes adjustments related to PIRA, Trucost, RigData and Commodity Flow.

Schedule of 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, 2015
$
510

 
$
139

 
$
168

 
$
47

 
$
269

 
$
1,133

   Acquisitions

 

 

 

 
98

 
98

   Dispositions

 

 

 
(2
)
 
(8
)
 
(10
)
   Impairment 1
(2
)
 

 

 

 
(22
)
 
(24
)
     Reclassifications

 

 
165

 
1

 
(166
)
 

     Other (primarily Fx)
(2
)
 

 
(3
)
 
(1
)
 
(8
)
 
(14
)
Balance as of December 31, 2016
506

 
139

 
330

 
45

 
163

 
1,183

   Dispositions
(4
)
 

 
(2
)
 

 

 
(6
)
     Other 2
52

 

 
19

 
5

 
(86
)
 
(10
)
Balance as of December 31, 2017
$
554

 
$
139

 
$
347

 
$
50

 
$
77

 
$
1,167

 
 
 
 
 
 
 
 
 
 
 
 
Accumulated amortization
 
 
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2015
$
88

 
$
73

 
$
60

 
$
36

 
$
67

 
$
324

Current year amortization
47

 
14

 
21

 
2

 
12

 
96

Dispositions

 

 

 
(1
)
 
(6
)
 
(7
)
Impairment 1
(2
)
 

 

 

 
(10
)
 
(12
)
     Reclassifications
2

 

 
5

 

 
(7
)
 

     Other (primarily Fx)
(3
)
 

 
(2
)
 
(1
)
 
(4
)
 
(10
)
Balance as of December 31, 2016
132

 
87

 
84

 
36

 
52

 
391

Current year amortization
52

 
14

 
22

 
4

 
6

 
98

Dispositions
(3
)
 

 
(2
)
 

 
(1
)
 
(6
)
     Reclassifications
2

 

 
1

 
1

 
(4
)
 

     Other (primarily Fx)
4

 

 
1

 
1

 
4

 
10

Balance as of December 31, 2017
$
187

 
$
101

 
$
106

 
$
42

 
$
57

 
$
493

 
 
 
 
 
 
 
 
 
 
 
 
Net definite-lived intangibles:
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
$
374

 
$
52

 
$
246

 
$
9

 
$
111

 
$
792

December 31, 2017
$
367

 
$
38

 
$
241

 
$
8

 
$
20

 
$
674


1 
Relates to a technology-related impairment charge at Market and Commodities Intelligence and recorded in selling and general expenses in the consolidated statement of income.
2 
Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions. 2017 includes adjustments related to PIRA, Trucost, RigData and Commodity Flow.
Schedule of Projected Amortization Expense for Intangible Assets
Expected 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)
2018
 
2019
 
2020
 
2021
 
2022
Amortization expense
$
95

 
$
88

 
$
82

 
$
70

 
$
68