Acquisitions (Tables)

12 Months Ended

Dec. 31, 2018

The following table summarizes the allocation of the purchase price, which reflects an $8.1 million adjustment from the preliminary allocation during the first quarter of 2018 and primarily related to the provisional amounts recognized for certain receivables and liabilities for which we have subsequently obtained and evaluated more detailed information than existed at the measurement date:



	January 5, 2018
Cash, cash equivalents and restricted cash	$	23.3
Accounts receivable and other current assets⁽¹⁾	55.8
Property and equipment and other non-current assets⁽¹⁾	22.1
Goodwill	368.3
Intangible assets	350.0
Total assets	$	819.5
Current liabilities⁽²⁾	$	74.5
Deferred income taxes	66.3
Assumed debt and other liabilities	299.7
Total liabilities	$	440.5
Total consideration transferred	$	379.0
(1) Including $40.5 million and $12.9 million of receivables and contract assets, respectively.
(2) Including $15.7 million of contract liabilities.

Details of intangible assets that have been identified

The following table details the intangible assets that have been identified:



	Fair Value		Weighted Average Useful Life (Years)
Customer relationships	$	214.0	7
Intellectual property⁽¹⁾	126.5		7
Trade names	9.5		7
(1) Primarily consists of core technology and content.

Unaudited pro forma financial information

NYX revenue and net loss since the acquisition date included in our consolidated results were as follows:



	Year Ended
	December 31, 2018
Revenue	$	198.0
Net loss	41.1

The following unaudited pro forma financial information for the years ended December 31, 2018 and 2017 give effect to the NYX acquisition as if it had been completed on January 1, 2017:



	Year Ended December 31,
	2018		2017
Revenue	$	3,363.2	$	3,265.2
Net loss	344.7		307.7

Summary of aggregate disclosure related to business acquisitions

The following table summarizes an aggregate disclosure related to business acquisitions completed in 2018 and 2017, excluding the NYX acquisition:



	Total Consideration		Cash paid, net of cash acquired		Contingent Acquisition Consideration⁽¹⁾		Allocation of purchase price to Intangible assets, net⁽²⁾		Weighted average useful life of acquired intangible assets	Excess purchase price allocated to Goodwill
Aggregate total 2018	$	46.2	$	34.1	$	9.0	$	41.6	9.4 Years	$	10.8
Aggregate total 2017	66.0		57.7		7.5		56.4		8.3 Years	12.8
(1) Contingent consideration is determined by fair value and included in the consideration transferred (see Note 17 for subsequent changes due to remeasurements, which are recorded in Restructuring and other). (2) Intangible assets primarily consist of technology-based and customer relationship intangible assets. The fair value of these intangible assets was determined using a combination of a relief from royalty method and the excess earnings method using Level 3 in the hierarchy as established by ASC 820. The discount rates and royalty rates used in the valuation analysis ranged between 9% and 20% and 1% and 16%, respectively.