v3.25.4
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2025
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 IntelligenceRatingsEnergyMobilityIndicesCorporateTotal
Balance as of December 31, 2023
$18,183 $274 $5,538 $8,863 $1,417 $575 $34,850 
Acquisitions229 — 16 — — — 245 
Dispositions(80)— — — — — (80)
Other 1
(26)(15)(4)(5)(48)— (98)
Balance as of December 31, 2024
18,306 259 5,550 8,858 1,369 575 34,917 
Acquisitions1,487 24 — — 36 5 1,552 
  Reclassifications 2
(141)(115)— — — 115 (141)
Other 1
10 (4)13 — 100 28 147 
Balance as of December 31, 2025
$19,662 $164 $5,563 $8,858 $1,505 $723 $36,475 
1Primarily relates to the impact of foreign exchange and valuation adjustments for prior period acquisitions.
2Relates to Enterprise Data Management, which is classified as assets held for sale in our consolidated balance sheet as of December 31, 2025.
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, 2023
$3,942 $139 $13,490 $1,528 $325 $19,424 
   Acquisitions— — — — 268 268 
 Reclassifications(15)— — — — (15)
     Other 1
— — (25)(7)(7)(39)
Balance as of December 31, 2024
3,927 139 13,465 1,521 586 19,638 
   Acquisitions349 — 301 — 78 728 
Reclassifications11 — — — (11)— 
     Other 1
1 — 51 13 9 74 
Balance as of December 31, 2025
$4,288 $139 $13,817 $1,534 $662 $20,440 
Accumulated amortization
Balance as of December 31, 2023
$1,116 $139 $1,198 $256 $163 $2,872 
Current year amortization350 — 542 111 74 1,077 
     Reclassifications (13)— — — — (13)
     Other 1
— — (3)(1)(4)(8)
Balance as of December 31, 2024
1,453 139 1,737 366 233 3,928 
Current year amortization341 — 542 111 75 1,069 
     Reclassifications2 — — — (2)— 
     Other 1
1 — 8 3 6 18 
Balance as of December 31, 2025
$1,797 $139 $2,287 $480 $312 $5,015 
Net definite-lived intangibles:
December 31, 2024$2,474 $— $11,728 $1,155 $353 $15,710 
December 31, 2025$2,491 $— $11,530 $1,054 $350 $15,425 
1Primarily 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)20262027202820292030
Amortization expense$1,110 $1,094 $1,076 $1,050 $1,024