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ACQUISITIONS (Tables) - Bureau van Dijk (BvD) [Member]
3 Months Ended
Mar. 31, 2018
Summary of Fair Values of Assets Acquired and Liabilities Assumed
(Amounts in millions)
Current assets$158.4
Property and equipment, net4.2
Intangible assets:
Customer relationships (23 year weighted average life)$998.7
Product technology (12 year weighted average life)258.5
Trade name (18 year weighted average life)82.3
Database (10 year weighted average life)12.9
Total intangible assets (21 year weighted average life)1,352.4
Goodwill2,619.0
Other assets5.9
Liabilities
Deferred revenue$(101.1)
Accounts payable and accrued liabilities(48.6)
Deferred tax liabilities, net(329.8)
Other liabilities (118.4)
Total liabilities(597.9)
Net assets acquired$3,542.0
BvD Pro Forma Information
(Amounts in millions)For three months ended March 31, 2017
Pro forma Revenue$1,041.6
Pro forma Net Income attributable to Moody's$339.6