2019 Annual Report

        *Refer to "Reconciliation of Non-GAAP Financial Information" on page 14 of this report for a discussion of the Company's non-GAAP financial measures.

• Excludes the impact of the following items: a pension related charge of $113 million, costs associated with early repayment of our Senior Notes of $57 million, a $49 million gain on dispositions, employee severance charges of $25 million, Kensho retention related expense of $21 million, lease impairments of $11 million, acquisition-related costs of $4 million and amortization of intangibles from acquisitions of $122 million.
• Excludes the impact of the following items: legal settlement expenses of $74 million, Kensho retention related expense of $31 million, restructuring charges related to a business disposition and employee severance charges of $25 million, lease impairments of $11 million, a pension related charge of $5 million and amortization of intangibles from acquisitions of $122 million.
• Dividends paid were $0.57 per quarter in 2019 and $0.50 per quarter in 2018.
• Includes purchases of property and equipment and additions to technology projects.
• Assumes $100 invested on December 31, 2014 and total return includes reinvestment of dividends through December 31, 2019.
• The peer group consists of the following companies: Moody’s Corporation, CME Group Inc., MSCI Inc., FactSet Research Systems Inc., IHS Markit Ltd., Verisk Analytics, Inc., Intercontinental Exchange, Inc.