ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2019

Summary of Fair Values of Assets Acquired and Liabilities Assumed

Shown below is the final purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition:


(Amounts in millions)
Current assets			$	32
Property and equipment			4
Intangible assets:
Customer relationships (14 year weighted average life)	$	77
Database (5 year weighted average life)	13
Product technology (7 year weighted average life)	10
Trade name (10 year weighted average life)	4
Total intangible assets (12 year weighted average life)			104
Goodwill			183
Deferred tax assets			13
Liabilities:
Deferred revenue	$	(14)
Accounts payable and accrued liabilities	(20)
Deferred tax liabilities	(24)
Total liabilities			(58)
Net assets acquired			$	278

Bureau Van Dijk

Summary of Fair Values of Assets Acquired and Liabilities Assumed

Shown below is the final purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition:


(Amounts in millions)
Current assets			$	158
Property and equipment			4
Intangible assets:
Customer relationships (23 year weighted average life)	$	999
Product technology (12 year weighted average life)	259
Trade name (18 year weighted average life)	82
Database (10 year weighted average life)	13
Total intangible assets (21 year weighted average life)			1,353
Goodwill			2,615
Other assets			6
Liabilities:
Deferred revenue	(101)
Accounts payable and accrued liabilities	(44)
Deferred tax liabilities, net	(330)
Other liabilities	$	(119)
Total liabilities			(594)
Net assets acquired			$	3,542

BvD Pro Forma Information


(Amounts in millions)	For the year ended December 31, 2017
Pro forma Revenue	$	4,415
Pro forma Net Income attributable to Moody’s	$	1,012