2023 Q3 Form 10-Q Financial Statement

#000143774923021529 Filed on August 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $677.6M $675.0M
YoY Change -9.08% -9.55%
Cost Of Revenue $217.2M $216.9M
YoY Change -11.96% -11.87%
Gross Profit $460.4M $458.1M
YoY Change -7.66% -8.42%
Gross Profit Margin 67.95% 67.87%
Selling, General & Admin $111.6M $86.80M
YoY Change -11.36% -31.06%
% of Gross Profit 24.24% 18.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $48.10M $46.50M
YoY Change -6.96% -6.63%
% of Gross Profit 10.45% 10.15%
Operating Expenses $111.6M $86.80M
YoY Change -11.36% -31.06%
Operating Profit $281.1M $306.0M
YoY Change 1.63% 13.71%
Interest Expense $29.40M $31.60M
YoY Change -14.78% -0.63%
% of Operating Profit 10.46% 10.33%
Other Income/Expense, Net -$31.40M -$37.80M
YoY Change 0.0% 39.48%
Pretax Income $249.7M $268.2M
YoY Change 1.84% 10.83%
Income Tax $62.30M $63.90M
% Of Pretax Income 24.95% 23.83%
Net Earnings $187.4M $196.9M
YoY Change -1.06% -0.4%
Net Earnings / Revenue 27.66% 29.17%
Basic Earnings Per Share $1.29 $1.36
Diluted Earnings Per Share $1.29 $1.35
COMMON SHARES
Basic Shares Outstanding 145.0M 144.8M
Diluted Shares Outstanding 145.7M 145.5M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $416.8M $308.7M
YoY Change 50.58% -35.78%
Cash & Equivalents $416.8M $308.7M
Short-Term Investments
Other Short-Term Assets $51.60M $52.60M
YoY Change 27.72% 19.27%
Inventory
Prepaid Expenses $89.80M $91.40M
Receivables $353.4M $381.3M
Other Receivables $16.60M $20.80M
Total Short-Term Assets $928.2M $854.8M
YoY Change 1.07% -27.96%
LONG-TERM ASSETS
Property, Plant & Equipment $611.7M $581.9M
YoY Change -6.18% -10.05%
Goodwill $1.732B $1.755B
YoY Change -52.63% -54.06%
Intangibles $481.5M $508.0M
YoY Change -55.85% -57.07%
Long-Term Investments $30.00M $29.10M
YoY Change 6.01% 2.83%
Other Assets $387.9M $385.7M
YoY Change -11.92% -12.52%
Total Long-Term Assets $3.436B $3.461B
YoY Change -43.27% -45.26%
TOTAL ASSETS
Total Short-Term Assets $928.2M $854.8M
Total Long-Term Assets $3.436B $3.461B
Total Assets $4.364B $4.316B
YoY Change -37.43% -42.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $300.9M $283.7M
YoY Change -3.62% 2.72%
Accrued Expenses $43.90M $43.20M
YoY Change 24.72% 19.01%
Deferred Revenue $423.8M $468.7M
YoY Change -24.33% -28.94%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $12.40M $3.400M
YoY Change -98.84% -99.7%
Total Short-Term Liabilities $784.1M $800.8M
YoY Change -60.4% -62.09%
LONG-TERM LIABILITIES
Long-Term Debt $2.854B $2.842B
YoY Change 21.79% 21.31%
Other Long-Term Liabilities $16.40M $36.80M
YoY Change -61.14% -13.21%
Total Long-Term Liabilities $16.40M $36.80M
YoY Change -61.14% -13.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $784.1M $800.8M
Total Long-Term Liabilities $16.40M $36.80M
Total Liabilities $3.969B $4.010B
YoY Change -20.12% -21.97%
SHAREHOLDERS EQUITY
Retained Earnings $6.292B $6.154B
YoY Change 5.11% 5.27%
Common Stock $2.396B $2.368B
YoY Change -12.34% -12.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $384.5M $294.0M
YoY Change
Total Liabilities & Shareholders Equity $4.364B $4.316B
YoY Change -37.43% -42.53%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $187.4M $196.9M
YoY Change -1.06% -0.4%
Depreciation, Depletion And Amortization $48.10M $46.50M
YoY Change -6.96% -6.63%
Cash From Operating Activities $250.1M $192.9M
YoY Change -10.74% 48.16%
INVESTING ACTIVITIES
Capital Expenditures $54.30M $58.20M
YoY Change -17.48% -15.9%
Acquisitions
YoY Change
Other Investing Activities $100.0K $200.0K
YoY Change
Cash From Investing Activities -$55.30M -$108.3M
YoY Change -18.56% -125.49%
FINANCING ACTIVITIES
Cash Dividend Paid $49.20M $49.50M
YoY Change 1.23% 0.61%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$89.60M $3.200M
YoY Change -77.59% -100.68%
NET CHANGE
Cash From Operating Activities $250.1M $192.9M
Cash From Investing Activities -$55.30M -$108.3M
Cash From Financing Activities -$89.60M $3.200M
Net Change In Cash $108.1M $76.80M
YoY Change -153.02% 2.81%
FREE CASH FLOW
Cash From Operating Activities $250.1M $192.9M
Capital Expenditures $54.30M $58.20M
Free Cash Flow $195.8M $134.7M
YoY Change -8.68% 120.82%

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us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3066400000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1073300000 usd
CY2023Q2 us-gaap Payments To Acquire Investments
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-0 usd
CY2022Q2 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
800000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
800000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
41800000 usd
CY2023Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
58200000 usd
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
69200000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
119400000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
129200000 usd
CY2023Q2 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
3800000 usd
CY2022Q2 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-0 usd
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
3800000 usd
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
2300000 usd
CY2023Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
200000 usd
CY2022Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-0 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
300000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-0 usd
CY2023Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
424800000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2858800000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
451100000 usd
CY2023Q2 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022Q2 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
495200000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2023Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1200000 usd
CY2022Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6700000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-0 usd
CY2023Q2 vrsk Proceeds From Repayments Of Shortterm Debt Net Excluding Debt Maturing In More Than Three Months
ProceedsFromRepaymentsOfShorttermDebtNetExcludingDebtMaturingInMoreThanThreeMonths
0 usd
CY2022Q2 vrsk Proceeds From Repayments Of Shortterm Debt Net Excluding Debt Maturing In More Than Three Months
ProceedsFromRepaymentsOfShorttermDebtNetExcludingDebtMaturingInMoreThanThreeMonths
-160000000.0 usd
vrsk Proceeds From Repayments Of Shortterm Debt Net Excluding Debt Maturing In More Than Three Months
ProceedsFromRepaymentsOfShorttermDebtNetExcludingDebtMaturingInMoreThanThreeMonths
-1265000000.0 usd
vrsk Proceeds From Repayments Of Shortterm Debt Net Excluding Debt Maturing In More Than Three Months
ProceedsFromRepaymentsOfShorttermDebtNetExcludingDebtMaturingInMoreThanThreeMonths
40000000.0 usd
CY2023Q2 vrsk Repayments Of Longterm Debt Current
RepaymentsOfLongtermDebtCurrent
-0 usd
CY2022Q2 vrsk Repayments Of Longterm Debt Current
RepaymentsOfLongtermDebtCurrent
-0 usd
vrsk Repayments Of Longterm Debt Current
RepaymentsOfLongtermDebtCurrent
125000000.0 usd
vrsk Repayments Of Longterm Debt Current
RepaymentsOfLongtermDebtCurrent
-0 usd
CY2023Q2 us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
0 usd
CY2022Q2 us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
0 usd
us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
0 usd
us-gaap Proceeds From Short Term Debt Maturing In More Than Three Months
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
125000000.0 usd
CY2023Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
-0 usd
CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
325000000.0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2000000000.0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
896300000 usd
CY2023Q2 vrsk Payment For Shares Repurchased Not Yet Settled
PaymentForSharesRepurchasedNotYetSettled
-0 usd
CY2022Q2 vrsk Payment For Shares Repurchased Not Yet Settled
PaymentForSharesRepurchasedNotYetSettled
-0 usd
vrsk Payment For Shares Repurchased Not Yet Settled
PaymentForSharesRepurchasedNotYetSettled
500000000.0 usd
vrsk Payment For Shares Repurchased Not Yet Settled
PaymentForSharesRepurchasedNotYetSettled
-0 usd
CY2023Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
56500000 usd
CY2022Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
77200000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
114900000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
93000000.0 usd
CY2023Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1400000 usd
CY2022Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8700000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13700000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
20000000.0 usd
CY2023Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
49500000 usd
CY2022Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
49200000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
98700000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
98600000 usd
CY2023Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1200000 usd
CY2022Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1700000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2800000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4100000 usd
CY2023Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3200000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3401800000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-761000000.0 usd
CY2023Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-11000000.0 usd
CY2022Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-12900000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
800000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-19500000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
76800000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
74700000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
16000000.0 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
200400000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
231900000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
406000000.0 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
292700000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
280300000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
308700000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
480700000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
308700000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
480700000 usd
CY2023Q2 us-gaap Income Taxes Paid
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134900000 usd
CY2022Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
210100000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
144900000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
221800000 usd
CY2023Q2 us-gaap Interest Paid Net
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36100000 usd
CY2022Q2 us-gaap Interest Paid Net
InterestPaidNet
39500000 usd
us-gaap Interest Paid Net
InterestPaidNet
52400000 usd
us-gaap Interest Paid Net
InterestPaidNet
60600000 usd
CY2023Q2 vrsk Deferred Tax Liability Established On Date Of Acquisition
DeferredTaxLiabilityEstablishedOnDateOfAcquisition
7200000 usd
CY2022Q2 vrsk Deferred Tax Liability Established On Date Of Acquisition
DeferredTaxLiabilityEstablishedOnDateOfAcquisition
400000 usd
vrsk Deferred Tax Liability Established On Date Of Acquisition
DeferredTaxLiabilityEstablishedOnDateOfAcquisition
10300000 usd
vrsk Deferred Tax Liability Established On Date Of Acquisition
DeferredTaxLiabilityEstablishedOnDateOfAcquisition
16500000 usd
CY2023Q2 vrsk Assets Sold As Part Of Disposition
AssetsSoldAsPartOfDisposition
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CY2022Q2 vrsk Assets Sold As Part Of Disposition
AssetsSoldAsPartOfDisposition
495900000 usd
vrsk Assets Sold As Part Of Disposition
AssetsSoldAsPartOfDisposition
3211800000 usd
vrsk Assets Sold As Part Of Disposition
AssetsSoldAsPartOfDisposition
607400000 usd
CY2023Q2 vrsk Finance Lease Additions Net Of Disposals
FinanceLeaseAdditionsNetOfDisposals
6900000 usd
CY2022Q2 vrsk Finance Lease Additions Net Of Disposals
FinanceLeaseAdditionsNetOfDisposals
1400000 usd
vrsk Finance Lease Additions Net Of Disposals
FinanceLeaseAdditionsNetOfDisposals
13100000 usd
vrsk Finance Lease Additions Net Of Disposals
FinanceLeaseAdditionsNetOfDisposals
3500000 usd
CY2023Q2 vrsk Operating Lease Obligations Incurred Net Of Terminations
OperatingLeaseObligationsIncurredNetOfTerminations
-500000 usd
CY2022Q2 vrsk Operating Lease Obligations Incurred Net Of Terminations
OperatingLeaseObligationsIncurredNetOfTerminations
6600000 usd
vrsk Operating Lease Obligations Incurred Net Of Terminations
OperatingLeaseObligationsIncurredNetOfTerminations
25800000 usd
vrsk Operating Lease Obligations Incurred Net Of Terminations
OperatingLeaseObligationsIncurredNetOfTerminations
8300000 usd
CY2023Q2 vrsk Fixed Assets Changes Included In Accounts Payable And Accrued Liabilities
FixedAssetsChangesIncludedInAccountsPayableAndAccruedLiabilities
100000 usd
CY2022Q2 vrsk Fixed Assets Changes Included In Accounts Payable And Accrued Liabilities
FixedAssetsChangesIncludedInAccountsPayableAndAccruedLiabilities
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vrsk Fixed Assets Changes Included In Accounts Payable And Accrued Liabilities
FixedAssetsChangesIncludedInAccountsPayableAndAccruedLiabilities
300000 usd
vrsk Fixed Assets Changes Included In Accounts Payable And Accrued Liabilities
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CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
675000000.0 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
612800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1326600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1256400000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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675000000.0 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
612800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1326600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1256400000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net
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CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
468700000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
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321700000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
321700000 usd
vrsk Contract With Customer Liability Revenue Recognized During Period
ContractWithCustomerLiabilityRevenueRecognizedDuringPeriod
1326600000 usd
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
200000 usd
vrsk Contract With Customer Liability Foreign Currency Translation Adjustment
ContractWithCustomerLiabilityForeignCurrencyTranslationAdjustment
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vrsk Contract With Customer Liability Billings
ContractWithCustomerLiabilityBillings
1476200000 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
468700000 usd
vrsk Revenue Remaining Performance Obligation Current Percentage
RevenueRemainingPerformanceObligationCurrentPercentage
0.99 pure
CY2022 vrsk Revenue Remaining Performance Obligation Current Percentage
RevenueRemainingPerformanceObligationCurrentPercentage
0.98 pure
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
75600000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
69700000 usd
CY2023Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
200900000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
201500000 usd
CY2023Q2 us-gaap Equity Method Investments
EquityMethodInvestments
29100000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
28300000 usd
vrsk Provision For Credit Loss On Investments
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0 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
8400000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
11900000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
17400000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
25200000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
300000 usd
CY2022Q2 us-gaap Sublease Income
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500000 usd
us-gaap Sublease Income
SubleaseIncome
700000 usd
us-gaap Sublease Income
SubleaseIncome
1100000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3100000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3200000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6800000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6500000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 usd
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
300000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
400000 usd
CY2023Q2 us-gaap Lease Cost
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11400000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
14800000 usd
us-gaap Lease Cost
LeaseCost
23800000 usd
us-gaap Lease Cost
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31000000.0 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
8700000 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
12300000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
17700000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
25200000 usd
CY2023Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
200000 usd
CY2022Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
200000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
300000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
400000 usd
CY2023Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1200000 usd
CY2022Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1700000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2800000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4100000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P8Y8M12D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P8Y7M6D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P4Y4M24D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P1Y3M18D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.039 pure
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038 pure
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.035 pure
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.037 pure
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
17300000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2900000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
32400000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3600000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
32500000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
3100000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
30800000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2400000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
30700000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
2400000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
133400000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
1900000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
277100000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
16300000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
43000000.0 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1900000 usd
CY2023Q2 us-gaap Operating Lease Liability
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234100000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
14400000 usd
us-gaap Finitelived Intangible Assets Acquired1
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33700000 usd
CY2023Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
900000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1900000 usd
CY2023Q2 vrsk Current Portion Of Escrow
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3800000 usd
CY2022Q4 vrsk Current Portion Of Escrow
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CY2023Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
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CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
29900000 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
2100000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
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CY2023Q2 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
972400000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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464400000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
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422300000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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504800000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
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18800000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
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18300000 usd
us-gaap Amortization Of Intangible Assets
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36500000 usd
us-gaap Amortization Of Intangible Assets
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39500000 usd
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37100000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
71700000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
62600000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
60700000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
52400000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
223500000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
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508000000.0 usd
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.238 pure
us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.192 pure
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CY2023Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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1600000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Net
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700000 usd
CY2023Q2 us-gaap Long Term Debt And Capital Lease Obligations
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2842100000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2343200000 usd
CY2023Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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2845500000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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3736100000 usd
CY2023Q2 us-gaap Letters Of Credit Outstanding Amount
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4500000 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
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4400000 usd
CY2023Q2 us-gaap Common Stock Shares Authorized
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2000000000
CY2023Q2 us-gaap Share Price
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226.03
CY2022Q4 us-gaap Share Price
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176.42
CY2022Q4 us-gaap Preferred Stock Shares Authorized
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80000000
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
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us-gaap Payments Of Dividends
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98700000 usd
us-gaap Payments Of Dividends
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CY2023Q2 us-gaap Treasury Stock Common Shares
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399011736
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1192954
CY2023Q2 us-gaap Shares Issued Price Per Share
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19.18
CY2023Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
204300000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
173600000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
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660600000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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CY2022Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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100000 usd
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
200000 usd
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
24200000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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43000000.0 usd
CY2023Q2 us-gaap Net Income Loss
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196900000 usd
CY2022Q2 us-gaap Net Income Loss
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197700000 usd
us-gaap Net Income Loss
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253200000 usd
us-gaap Net Income Loss
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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157972755
us-gaap Weighted Average Number Of Shares Outstanding Basic
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148433375
us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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671345
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1054235
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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145500121
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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159123563
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149104720
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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160381090
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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661150
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1369746
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
138400000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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92700000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
94300000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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45700000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
15400000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
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CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
15400000 usd
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OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
600000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest
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600000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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16000000.0 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Before Tax
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17100000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
200000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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16900000 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
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CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
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CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2022Q2 us-gaap Other Comprehensive Income Loss Before Tax
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CY2022Q2 us-gaap Other Comprehensive Income Loss Tax
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
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74700000 usd
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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74700000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest
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700600000 usd
vrsk Other Comprehensive Income Loss Cumulative Translation Adjustment Recognized Upon Deconsolidation Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Tax
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us-gaap Other Comprehensive Income Loss Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Tax
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us-gaap Other Comprehensive Income Loss Tax
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us-gaap Proceeds From Stock Options Exercised
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us-gaap Proceeds From Stock Options Exercised
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
193300000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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vrsk Sharebased Compensation Arrangement By Sharebased Payment Award Options Dividends Reinvested In Period
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0
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SharebasedCompensationArrangementsBySharebasedPaymentAwardOptionsDividendsReinvestedInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
108.83
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
187.69
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
141.26
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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252900000 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2208396
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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125.45
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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222200000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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110.02
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
182600000 usd
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
774632
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2736 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2529 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0374 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0147 pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y2M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0066 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0060 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
47.70
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
42.18
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y11M19D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y1M20D
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107100000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y5M12D
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
675000000.0 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q2 us-gaap Cost Of Revenue
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216900000 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
195500000 usd
CY2023Q2 us-gaap Selling General And Administrative Expense
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CY2022Q2 us-gaap Selling General And Administrative Expense
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96300000 usd
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CY2023Q2 vrsk Investment Loss Income And Other Net
InvestmentLossIncomeAndOtherNet
-6200000 usd
CY2022Q2 vrsk Investment Loss Income And Other Net
InvestmentLossIncomeAndOtherNet
-900000 usd
CY2023Q2 vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Discontinued Operations
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromDiscontinuedOperations
8400000 usd
CY2022Q2 vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Discontinued Operations
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromDiscontinuedOperations
-59000000.0 usd
CY2023Q2 vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Reportable Segment
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromReportableSegment
356700000 usd
CY2022Q2 vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Reportable Segment
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromReportableSegment
363500000 usd
CY2023Q2 vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Discontinued Operations
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromDiscontinuedOperations
8400000 usd
CY2022Q2 vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Discontinued Operations
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromDiscontinuedOperations
-59000000.0 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
46500000 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
39500000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18800000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18300000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
31600000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
31900000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
268200000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
214800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1326600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1256400000 usd
us-gaap Cost Of Revenue
CostOfRevenue
433100000 usd
us-gaap Cost Of Revenue
CostOfRevenue
424200000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
165800000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
204200000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
0 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
361500000 usd
vrsk Investment Loss Income And Other Net
InvestmentLossIncomeAndOtherNet
-7300000 usd
vrsk Investment Loss Income And Other Net
InvestmentLossIncomeAndOtherNet
-2800000 usd
vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Discontinued Operations
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromDiscontinuedOperations
145300000 usd
vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Discontinued Operations
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromDiscontinuedOperations
-113100000 usd
vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Reportable Segment
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromReportableSegment
575100000 usd
vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Reportable Segment
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromReportableSegment
1099800000 usd
vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Discontinued Operations
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromDiscontinuedOperations
145300000 usd
vrsk Earnings Before Interest Income Taxes Depreciation And Amortization From Discontinued Operations
EarningsBeforeInterestIncomeTaxesDepreciationAndAmortizationFromDiscontinuedOperations
-113100000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
91100000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
79600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36500000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
39500000 usd
us-gaap Interest Expense
InterestExpense
58000000.0 usd
us-gaap Interest Expense
InterestExpense
63200000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
534800000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
804400000 usd
CY2023Q2 us-gaap Noncurrent Assets
NoncurrentAssets
3460900000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
6036000000.0 usd
CY2023Q2 vrsk Percentage Of Ownership On Outstanding Common Stock Required To Become Related Party
PercentageOfOwnershipOnOutstandingCommonStockRequiredToBecomeRelatedParty
0.050 pure
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0 usd

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