XML 44 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
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 Intelligence
 
Platts
 
Indices
 
Corporate
 
Total
Balance as of December 31, 2016
$
109

 
$
1,960

 
$
497

 
$
383

 
$

 
$
2,949

Other 1
5

 
1

 
26

 
8

 

 
40

Balance as of December 31, 2017
114

 
1,961

 
523

 
391

 

 
2,989

Acquisitions
5

 
62

 

 

 
498

 
565

Other 1
(6
)
 
6

 
(7
)
 
(12
)
 

 
(19
)
Balance as of December 31, 2018
$
113

 
$
2,029

 
$
516

 
$
379

 
$
498

 
$
3,535


1 
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. 2018 includes adjustments related to Trucost.

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, 2016
$
506

 
$
139

 
$
330

 
$
45

 
$
163

 
$
1,183

   Dispositions
(4
)
 

 
(2
)
 

 

 
(6
)
     Other 1
52

 

 
19

 
5

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

 
139

 
347

 
50

 
77

 
1,167

   Acquisitions
3

 

 

 

 
123

 
126

     Other (primarily Fx)
4

 

 
(1
)
 

 
(6
)
 
(3
)
Balance as of December 31, 2018
$
561

 
$
139

 
$
346

 
$
50

 
$
194

 
$
1,290

 
 
 
 
 
 
 
 
 
 
 
 
Accumulated amortization
 
 
 
 
 
 
 
 
 
 
 
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

Current year amortization
52

 
14

 
21

 
3

 
32

 
122

     Reclassifications
1

 

 


 

 
(1
)
 

     Other (primarily Fx)

 

 
(1
)
 

 
(2
)
 
(3
)
Balance as of December 31, 2018
$
240

 
$
115

 
$
126

 
$
45

 
$
86

 
$
612

 
 
 
 
 
 
 
 
 
 
 
 
Net definite-lived intangibles:
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
$
367

 
$
38

 
$
241

 
$
8

 
$
20

 
$
674

December 31, 2018
$
321

 
$
24

 
$
220

 
$
5

 
$
108

 
$
678


1 
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)
2019
 
2020
 
2021
 
2022
 
2023
Amortization expense
$
122

 
$
114

 
$
83

 
$
74

 
$
70