Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

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, 2019	$	115	$	2,062	$	521	$	376	$	501	$	3,575
Acquisitions	138		—		—		—		—		138
Dispositions	—		(2)		—		—		—		(2)
Other 1	10		11		6		—		(3)		24
Balance as of December 31, 2020	263		2,071		527		376		498		3,735
Acquisitions	—		—		—		—		54		54
Reclassifications 2	—		(255)		—		—		—		(255)
Other 1	(18)		(8)		(2)		—		—		(28)
Balance as of December 31, 2021	$	245	$	1,808	$	525	$	376	$	552	$	3,506

1Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions. 2021 includes adjustments related to RobecoSAM and 2020 includes adjustments related to Investor Relations.

2Relates to CGS and LCD, which are classified as assets held for sale in our consolidated balance sheet as of December 31, 2021

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, 2019	$	629	$	139	$	355	$	54	$	130	$	1,307
Acquisitions	14		—		—		—		40		54
Other (primarily Fx) 1	2		—		1		1		7		11
Balance as of December 31, 2020	645		139		356		55		177		1,372
Acquisitions	—		—		—		—		18		18
Other 1	—		—		(1)		—		11		10
Balance as of December 31, 2021	$	645	$	139	$	355	$	55	$	206	$	1,400
Accumulated amortization
Balance as of December 31, 2019	$	331	$	129	$	153	$	48	$	68	$	729
Current year amortization	73		10		21		2		17		123
Acquisitions	—		—		—		—		10		10
Other (primarily Fx) 1	2		—		1		—		1		4
Balance as of December 31, 2020	406		139		175		50		96		866
Current year amortization	52		—		21		2		21		96
Reclassifications 2	8		—		—		—		(8)		—
Other 1	1		—		—		—		(2)		(1)
Balance as of December 31, 2021	$	467	$	139	$	196	$	52	$	107	$	961
Net definite-lived intangibles:
December 31, 2020	$	239	$	—	$	181	$	5	$	81	$	506
December 31, 2021	$	178	$	—	$	159	$	3	$	99	$	439

1Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions. 2021 includes adjustments related to RobecoSAM and 2020 includes adjustments related to 451 Research.

2The reclassification in 2021 is related to RobecoSAM.

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)	2022		2023		2024		2025		2026
Amortization expense 1	$	91	$	85	$	82	$	65	$	34

1 Amortization expense does not include the expected merger with IHS Markit which is expected to be completed in the first quarter of 2022.