ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2017

Gilliland Gold Young (GGY) [Member]

Consideration to The Step Acquisition

(amounts in millions)
Cash paid at closing	$	83.4
Additional consideration paid to sellers in the third quarter 2016(1)		3.1
Total consideration	$	86.5
(1) Represents additional consideration paid to the sellers for amounts withheld at closing pending the completion of certain administrative matters

Summary of Fair Values of Assets Acquired and Liabilities Assumed

Current assets				$	11.7
Property and equipment, net					2.0
Indemnification assets					1.5
Intangible assets:
	Trade name (19 year weighted average life)	$	3.7
	Client relationships (21 year weighted average life)		13.8
	Software (7 year weighted average life)		16.6
	Total intangible assets (14 year weighted average life)				34.1
Goodwill					59.4
Liabilities					(22.2)
Net assets acquired				$	86.5

Bureau van Dijk [Member]

Summary of Fair Values of Assets Acquired and Liabilities Assumed

(Amounts in millions)
Current assets				$	160.5
Property and equipment, net					4.2
Intangible assets:
	Customer relationships (23 year weighted average life)	$	998.7
	Product technology (12 year weighted average life)		258.5
	Trade name (18 year weighted average life)		82.2
	Database (10 year weighted average life)		13.0
	Total intangible assets (21 year weighted average life)				1,352.4
Goodwill					2,636.1
Other assets					4.3
Liabilities
	Deferred revenue	$	(101.1)
	Accounts payable and accrued liabilities		(48.3)
	Deferred tax liabilities, net		(348.1)
	Other liabilities		(118.0)
	Total liabilities				(615.5)
Net assets acquired				$	3,542.0

BvD Pro Forma Information

(Amounts in millions)	For the nine months ended September 30, 2017			For the nine months ended September 30, 2016
Proforma Revenue	$	3,226.9	$	2,821.8
Proforma Net Income attributable to Moody's	$	965.9	$	695.1