XML 47 R29.htm IDEA: XBRL DOCUMENT v3.24.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
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)Market IntelligenceRatingsCommodity InsightsMobilityIndicesEngineering SolutionsCorporateTotal
Balance as of December 31, 2021$1,808 $245 $525 $— $376 $— $552 $3,506 
Acquisitions16,556 22 5,009 8,695 1,023 437 — 31,742 
Dispositions(246)— — — — — — (246)
  Reclassifications 1
— — — — — (437)— (437)
Other 2
(8)(10)(12)— — — 10 (20)
Balance as of December 31, 202218,110 257 5,522 8,695 1,399 — 562 34,545 
Acquisitions62 168 — — — 239 
Other 2
11 14 10 — 18 — 13 66 
Balance as of December 31, 2023$18,183 $274 $5,538 $8,863 $1,417 $— $575 $34,850 
1Relates to Engineering Solutions, which is classified as assets held for sale in our consolidated balance sheet as of December 31, 2022.
2Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions.
Schedule of Other Intangible Assets
The following table summarizes our definite-lived intangible assets:
(in millions) 
CostDatabases and softwareContentCustomer relationshipsTradenamesOther intangiblesTotal
Balance as of December 31, 2021$645 $139 $355 $55 $206 $1,400 
   Acquisitions3,774 — 13,377 1,469 17 18,637 
   Dispositions— — — — (5)(5)
    Reclassifications 1
(476)— (257)— — (733)
     Other 2
(2)— (8)— (4)(14)
Balance as of December 31, 20223,941 139 13,467 1,524 214 19,285 
   Acquisitions— — — — 104 104 
     Other 2
— 23 35 
Balance as of December 31, 2023$3,942 $139 $13,490 $1,528 $325 $19,424 
Accumulated amortization
Balance as of December 31, 2021$467 $139 $196 $52 $107 $961 
Current year amortization313 — 482 91 19 905 
     Reclassifications 1
(13)— (22)— — (35)
     Other 2
(2)— — (1)(3)(6)
Balance as of December 31, 2022765 139 656 142 123 1,825 
Current year amortization351 — 545 111 35 1,042 
     Reclassifications— — (2)— — 
     Other 2
— — (1)
Balance as of December 31, 2023$1,116 $139 $1,198 $256 $163 $2,872 
Net definite-lived intangibles:
December 31, 2022$3,176 $— $12,811 $1,382 $91 $17,460 
December 31, 2023$2,826 $— $12,292 $1,272 $162 $16,552 
1Relates to Engineering Solutions, which is classified as assets held for sale in our consolidated balance sheet as of December 31, 2022.
2Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions.
Schedule of 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)20242025202620272028
Amortization expense$1,046 $1,029 $998 $980 $978