TransUnion (TRU) 10-Q 27 Apr 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2016shares
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Entity Registrant Name	TransUnion
Entity Central Index Key	1,552,033
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	182,467,939

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 150.3	$ 133.2
Trade accounts receivable, net of allowance of $3.7 and $4.2	263.2	228.3
Other current assets	80.3	65.3
Total current assets	493.8	426.8
Property, plant and equipment, net of accumulated depreciation and amortization of $186.5 and $174.3	201.3	183
Goodwill, net	2,105.9	1,983.4
Other intangibles, net of accumulated amortization of $672.7 and $615.3	1,846.3	1,770.1
Other assets	82.3	79.5
Total assets	4,729.6	4,442.8
Current liabilities:
Trade accounts payable	111	105.4
Short-term debt and current portion of long-term debt	48	43.9
Other current liabilities	122.4	146.7
Total current liabilities	281.4	296
Long-term debt	2,309.5	2,160.7
Deferred taxes	632.7	588.4
Other liabilities	51.8	27.8
Total liabilities	3,275.4	3,072.9
Redeemable noncontrolling interests	66.5	2.9
Stockholders' equity:
Common stock, $0.01 par value; 1.0 billion shares authorized at March 31, 2016 and December 31, 2015, 183.1 million and 183.0 million shares issued at March 31, 2016 and December 31, 2015, respectively, and 182.5 million shares and 182.3 million shares outstanding as of March 31, 2016 and December 31, 2015, respectively	1.8	1.8
Additional paid-in capital	1,839.5	1,850.3
Treasury stock at cost; 0.7 million shares at March 31, 2016 and December 31, 2015	(4.6)	(4.6)
Accumulated deficit	(411.7)	(424.3)
Accumulated other comprehensive loss	(185.3)	(191.8)
Total TransUnion stockholders' equity	1,239.7	1,231.4
Noncontrolling interests	148	135.6
Total stockholders’ equity	1,387.7	1,367
Total liabilities and stockholders’ equity	$ 4,729.6	$ 4,442.8

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Trade accounts receivable, allowance	$ 3.7	$ 4.2
Property, plant and equipment, accumulated depreciation and amortization	186.5	174.3
Other intangibles, net of accumulated amortization	$ 672.7	$ 615.3
Preferred Stock, Par Value	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	100,000,000	100,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par Value	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common Stock, Shares, Issued	183,000,000	183,000,000
Common Stock, Shares, Outstanding	182,500,000	182,300,000
Treasury Stock, Shares	700,000	700,000

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenue	$ 405.7	$ 353.1
Operating expenses
Cost of services (exclusive of depreciation and amortization below)	149.1	125.6
Selling, general and administrative	132.2	121.9
Depreciation and amortization	72.5	69.1
Total operating expenses	353.8	316.6
Operating income	51.9	36.5
Non-operating income and expense
Interest expense	(20.4)	(44.8)
Interest income	0.8	0.9
Earnings from equity method investments	1.9	2.3
Other income and (expense), net	(7.6)	(2.3)
Total non-operating income and expense	(25.3)	(43.9)
Income (loss) before income taxes	26.6	(7.4)
(Provision) benefit for income taxes	(12)	3
Net income (loss)	14.6	(4.4)
Less: net income attributable to the noncontrolling interests	(2)	(2.2)
Net income (loss) attributable to TransUnion	$ 12.6	$ (6.6)
Earnings Per Share, Basic	$ 0.07	$ (0.04)
Earnings Per Share, Diluted	$ 0.07	$ (0.04)
Weighted Average Number of Shares Outstanding, Basic	182.4	147.9
Weighted Average Number of Shares Outstanding, Diluted	184	147.9

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income (loss)	$ 14.6	$ (4.4)
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax	26.3	(27.3)
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	0.1	0.1
Foreign currency translation adjustment	26.4	(27.2)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	(23.5)	0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	0.1	0.1
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	8.7	0
Hedge instruments, net	(14.7)	0.1
Total other comprehensive income (loss), net of tax	11.7	(27.1)
Comprehensive income (loss)	26.3	(31.5)
Less: comprehensive income attributable to noncontrolling interests	(7.2)	(2.6)
Comprehensive income (loss) attributable to TransUnion	$ 19.1	$ (34.1)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net income (loss)	$ 14.6	$ (4.4)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	72.5	69.1
Other Noncash Expense	0.8	1.1
Equity in net income of affiliates, net of dividends	(1.5)	(0.9)
Deferred taxes	4.6	(9.5)
Amortization of discount on term loans	0.4	0.2
Amortization of deferred financing fees	0.3	2
Stock-based compensation	3.7	2.4
Provision for losses on trade accounts receivable	0.7	0.6
Other	1.6	0.2
Changes in assets and liabilities:
Trade accounts receivable	(30.8)	(14.5)
Other current and long-term assets	(4.5)	6.4
Trade accounts payable	2.8	0.5
Other current and long-term liabilities	(23.5)	(36.7)
Cash provided by operating activities	41.7	16.5
Cash flows from investing activities:
Capital expenditures	(30.9)	(30.1)
Proceeds from sale of trading securities	0.9	0.3
Purchases of trading securities	(1.1)	(1)
Proceeds from Sale of Other Investments	8.8	3.9
Purchases of other investments	(8.5)	(7.2)
Acquisitions and purchases of noncontrolling interests, net of cash acquired	(129.1)	(9.9)
Acquisition-related deposits	(1.1)	9.1
Cash used in investing activities	(161)	(34.9)
Cash flows from financing activities:
Proceeds from Issuance of Secured Debt	150	0
Proceeds from senior secured revolving line of credit	145	35
Repayments of Lines of Credit	(145)	0
Repayments of debt	(12)	(6.6)
Proceeds from issuance of common stock and exercise of stock options	0.9	0.8
Debt financing fees	(3.1)	0
Excess Tax Benefit from Share-based Compensation, Financing Activities	0.5	0
Distributions to noncontrolling interests	(0.4)	(0.1)
Cash provided by financing activities	135.9	29.1
Effect of exchange rate changes on cash and cash equivalents	0.5	(1.6)
Net change in cash and cash equivalents	17.1	9.1
Cash and cash equivalents, beginning of period	133.2	77.9
Cash and cash equivalents, end of period	$ 150.3	$ 87

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - 3 months ended Mar. 31, 2016 - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Paid-In Capital	Treasury Stock	Retained Earnings (Accumulated Deficit)	Accumulated Other Comp Income (Loss)	Non-controlling Interests	Total	Redeemable Non-controlling Interests (Temporary Equity)
Balance (in shares) at Dec. 31, 2015		182.3
Balance at Dec. 31, 2015	$ 1,367	$ 1.8	$ 1,850.3	$ (4.6)	$ (424.3)	$ (191.8)	$ 135.6	$ 1,367	$ 2.9
Net income (loss)	14.6							14.7
Net Income (Loss) Attributable to Parent	12.6	0	0	0	12.6	0
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest							2.1
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest									(0.1)
Other comprehensive income (loss)	11.7	0	0	0	0	6.5	1	7.5	4.2
Distributions to noncontrolling interests		0	0	0	0	0	(0.9)	(0.9)	0
Adjustment Redeemable Non-controlling Interest		0	(15.8)	0	0	0	0	(15.8)	15.8
Noncontrolling Interest, Increase from Business Combination		0	0	0	0	0	10.2	10.2	43.7
Proceeds and Excess Tax Benefit from Share-based Compensation		0	0.5	0	0	0	0	0.5	0
Stock-based compensation		$ 0	3.7	0	0	0	0	3.7	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period		0.2
Exercise of stock options		$ 0	0.8	0	0	0	0	0.8	0
Balance (in shares) at Mar. 31, 2016		182.5
Balance at Mar. 31, 2016	$ 1,387.7	$ 1.8	$ 1,839.5	$ (4.6)	$ (411.7)	$ (185.3)	$ 148	$ 1,387.7	$ 66.5

Significant Accounting and Repo

Significant Accounting and Reporting Policies	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Significant Accounting and Reporting Policies	Significant Accounting and Reporting Policies Basis of Presentation Any reference in this report to “the Company”, “we”, “our”, “us”, and “its’” are to TransUnion and its consolidated subsidiaries, collectively. The accompanying unaudited consolidated financial statements of TransUnion and subsidiaries have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information. In the opinion of management, all adjustments, including normal recurring adjustments, considered necessary for a fair presentation have been included. All significant intercompany transactions and balances have been eliminated. The operating results of TransUnion for the periods presented are not necessarily indicative of the results that may be expected for the full year ending December 31, 2016 . These unaudited consolidated financial statements should be read in conjunction with our audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2015 , filed with the Securities and Exchange Commission (“SEC”) on February 19, 2016. Principles of Consolidation The consolidated financial statements of TransUnion include the accounts of TransUnion and all of its majority-owned or controlled subsidiaries. Investments in unconsolidated entities in which the Company has at least a 20% ownership interest, or where it is able to exercise significant influence, are accounted for using the equity method. Nonmarketable investments in unconsolidated entities in which the Company has less than a 20% ownership interest, or where it is not able to exercise significant influence, are accounted for using the cost method and periodically reviewed for impairment. Subsequent Events Events and transactions occurring through the date of issuance of the financial statements have been evaluated by management and, when appropriate, recognized or disclosed in the financial statements or notes to the consolidated financial statements. Recently Adopted Accounting Pronouncements On April 7, 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30), Simplifying the Presentation of Debt Issuance Costs . The amendments in this update require that unamortized debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of the corresponding debt liability, consistent with debt discounts. The new guidance is required to be applied on a retrospective basis, wherein the balance sheet of each individual period presented is adjusted to reflect the period-specific effects of applying the new guidance. Accordingly, we have presented our debt as of March 31, 2016 and December 31, 2015, net of unamortized debt issue costs of $5.3 and $3.9 million, respectively, on our balance sheet and in Footnote 8, “Debt .” On August 18, 2015, the FASB issued ASU 2015-15, Interest—Imputation of Interest (Subtopic 835-30) - Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements (Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting). The ASU indicates the SEC staff would not object to presenting deferred debt issuance costs for a line of credit arrangement as an asset in the balance sheet. We continue to present our deferred line of credit fees as an asset in the consolidated balance sheet. See Note 3 “Other Current Assets” and Note 4 “Other Assets.” Recent Accounting Pronouncements Not Yet Adopted On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) . This comprehensive guidance will replace all existing revenue recognition guidance and is effective for annual reporting periods beginning after December 15, 2017, and interim periods therein. During 2016, the FASB issued additional guidance: ASU No. 2016-09 Revenue from Contracts with Customers (Topic 606) : Principal versus Agent Considerations (Reporting Revenue Gross versus Net); and ASU No. 2016-10 Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. This additional guidance updates and clarifies the guidance in certain sub-sections of Topic 606. We are currently assessing the impact this revenue recognition guidance will have on our consolidated financial statements. On January 5, 2016, the FASB issued ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. This ASU is intended to improve the recognition and measurement of financial instruments. Among other things, the ASU requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. This guidance is effective for fiscal years beginning after December 15, 2017, and interim periods therein. We are currently assessing the impact this guidance will have on our consolidated financial statements. On February 25, 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . This ASU, among other things, will require lessee’s to record a lease liability, which is an obligation to make lease payments arising from a lease, and right-of-use asset, which is an asset that represents the right to use, or control the use of, a specified asset for the lease term, for all long-term leases. This guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years . We are currently assessing the impact this guidance will have on our consolidated financial statements. On March 30, 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . This ASU simplifies several aspects of the accounting for share-based payment award transactions, including income tax consequences, classification of awards, and classification on the statement of cash flows. This guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods therein. We are currently assessing the impact this guidance will have on our consolidated financial statements.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The following table summarizes financial instruments measured at fair value, on a recurring basis, as of March 31, 2016 : (in millions) Total Level 1 Level 2 Level 3 Assets Trading securities $ 11.5 $ 7.4 $ 4.1 $ — Available for sale securities 2.9 — 2.9 — Total $ 14.4 $ 7.4 $ 7.0 $ — Liabilities Interest rate caps $ (23.8 ) $ — $ (23.8 ) $ — Contingent obligations (6.5 ) — — (6.5 ) Total $ (30.3 ) $ — $ (23.8 ) $ (6.5 ) Level 1 instruments consist of exchange-traded mutual funds. Exchange-traded mutual funds are trading securities valued at their current market prices. These securities relate to the nonqualified deferred compensation plan held in trust for the benefit of plan participants. Level 2 instruments consist of pooled separate accounts, foreign exchange-traded corporate bonds and interest rate caps. Pooled separate accounts are designated as trading securities valued at net asset values. These securities relate to the nonqualified deferred compensation plan held in trust for the benefit of plan participants. Foreign exchange-traded corporate bonds are available-for-sale securities valued at their current quoted prices. These securities mature between 2027 and 2033 . The interest rate caps fair values are determined by discounting the future expected cash receipts that would occur if variable interest rates rise above the strike rate of the caps in conjunction with the cash payments related to financing the premium of the interest rate caps. The variable interest rates used in the calculation of projected receipts on the caps are based on an expectation of future interest rates derived from observable market interest rate curves and volatilities. See Note 8, “Debt” for additional information regarding interest rate caps. Unrealized gains and losses on trading securities are included in net income, while unrealized gains and losses on available for sale securities are included in other comprehensive income. There were no significant realized or unrealized gains or losses on our securities for any of the periods presented. Level 3 instruments consist of contingent obligations related to companies we have acquired with maximum payouts totaling $33.5 million . These obligations are contingent upon meeting certain performance requirements in 2015 through 2018. The fair values of these obligations were determined based on an income approach, using our current expectations of the future earnings of the acquired entities. We assess the fair value of these obligations each reporting period with any changes reflected as gains or losses in selling, general and administrative expenses in the consolidated statements of income. During the three months ended March 31, 2016 , we recorded expense of $0.1 million as a result of changes to the fair value of these obligations.

Other Current Assets

Other Current Assets	3 Months Ended
	Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Current Assets	Other Current Assets Other current assets consisted of the following: (in millions) March 31, 2016 December 31, 2015 Prepaid expenses $ 47.2 $ 41.9 Other investments 18.9 12.5 Marketable securities 2.9 2.9 Deferred financing fees 0.5 0.5 Income taxes receivable 0.6 0.1 Other 10.2 7.4 Total other current assets $ 80.3 $ 65.3 Other investments include non-negotiable certificates of deposit of which the majority are in denominations of greater than $0.1 million . These investments are recorded at their carrying value. As of March 31, 2016, other investments also include investments we acquired with the purchase of Central de Informacion Financiera S.A. (“CIFIN”).

Other Assets

Other Assets	3 Months Ended
	Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets Other assets consisted of the following: (in millions) March 31, 2016 December 31, 2015 Investments in affiliated companies $ 51.9 $ 50.5 Other investments 14.4 13.0 Marketable securities 11.5 11.2 Deferred financing fees 1.6 1.7 Deposits 1.9 1.8 Other 1.0 1.3 Total other assets $ 82.3 $ 79.5 Other investments include non-negotiable certificates of deposit of which the majority are in denominations of greater than $0.1 million . These investments are recorded at their carrying value.

Investments in Affiliated Compa

Investments in Affiliated Companies	3 Months Ended
	Mar. 31, 2016
Text Block [Abstract]
Investments in Affiliated Companies	Investments in Affiliated Companies Investments in affiliated companies represent our investment in non-consolidated domestic and foreign entities. These entities are in businesses similar to ours, such as credit reporting, credit scoring and credit monitoring services. These investments are included in other assets in the consolidated balance sheets. We use the equity method to account for investments in affiliates where we have at least a 20% ownership interest or where we are able to exercise significant influence. For these investments, we adjust the carrying value for our proportionate share of the affiliates’ earnings, losses and distributions, as well as for purchases and sales of our ownership interest. We use the cost method to account for nonmarketable investments in affiliates where we have less than a 20% ownership interest or where we are not able to exercise significant influence. For these investments, we adjust the carrying value for purchases and sales of our ownership interests. For all investments, we adjust the carrying value if we determine that an other-than-temporary impairment has occurred. There were no other-than-temporary impairments of investments in affiliated companies during the three months ended March 31, 2016 or 2015 . Investments in affiliated companies consisted of the following: (in millions) March 31, 2016 December 31, 2015 Total equity method investments $ 46.9 $ 45.5 Total cost method investments 5.0 5.0 Total investments in affiliated companies $ 51.9 $ 50.5 Earnings from equity method investments, which are included in non-operating income and expense, and dividends received from equity method investments consisted of the following: (in millions) Three Months Ended 2016 2015 Earnings from equity method investments $ 1.9 $ 2.3 Dividends received from equity method investments $ 0.4 $ 1.4 There were no dividends received from cost method investments for the three months ended March 31, 2016 and 2015 .

Other Current Liabilities

Other Current Liabilities	3 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Other Current Liabilities	Other Current Liabilities Other current liabilities consisted of the following: (in millions) March 31, 2016 December 31, 2015 Accrued payroll $ 49.2 $ 74.5 Accrued employee benefits 20.0 24.2 Accrued legal and regulatory 16.3 16.3 Deferred revenue 9.9 10.6 Accrued interest 1.1 1.0 Other 25.9 20.1 Total other current liabilities $ 122.4 $ 146.7 The decrease in accrued payroll was due primarily to the payment of accrued bonuses during the first quarter of 2016 that were earned in 2015.

Other liabilities

Other liabilities	3 Months Ended
	Mar. 31, 2016
Other Liabilities Disclosure [Abstract]
Other liabilities	Other Liabilities Other liabilities consisted of the following: (in millions) March 31, 2016 December 31, 2015 Interest rate caps $ 23.8 $ — Retirement benefits 11.3 11.2 Unrecognized tax benefits 0.2 0.3 Other 16.5 16.3 Total other liabilities $ 51.8 $ 27.8

Debt

Debt	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt	Debt Debt outstanding consisted of the following: (in millions) March 31, 2016 December 31, 2015 Senior Secured Term Loan B, payable in quarterly installments through April 9, 2021, including variable interest (3.50% at March 31, 2016) at LIBOR or alternate base rate, plus applicable margin, including original issue discount and deferred financing fees of $8.8 million and $5.2 million, respectively, at March 31, 2016, and original issue discount and deferred financing fees of $7.3 million and $3.8 million, respectively, at December 31, 2015 $ 1,998.0 $ 1,855.6 Senior Secured Term Loan A, payable in quarterly installments through June 30, 2020, including variable interest (2.88% at March 31, 2016) at LIBOR or alternate base rate, plus applicable margin, including original issue discount and deferred financing fees of $0.7 million and $0.1 million, respectively, at March 31, 2016, and original issue discount and deferred financing fees of $0.7 million and $0.1 million, respectively, at December 31, 2015 336.1 340.4 Other notes payable 21.4 6.2 Capital lease obligations 2.0 2.4 Total debt 2,357.5 2,204.6 Less short-term debt and current portion of long-term debt (48.0 ) (43.9 ) Total long-term debt $ 2,309.5 $ 2,160.7 Excluding potential additional principal payments due on the senior secured credit facility based on excess cash flows of the prior year, scheduled future maturities of total debt at March 31, 2016 , were as follows: (in millions) March 31, 2016 2016 $ 34.4 2017 45.9 2018 49.3 2019 49.1 2020 272.0 Thereafter 1,921.6 Unamortized original issue discounts and unamortized deferred financing fee (14.8 ) Total debt $ 2,357.5 Senior Secured Credit Facility On June 15, 2010, we entered into a senior secured credit facility with various lenders. This facility has been amended several times and currently consists of the Senior Secured Term Loan A, the Senior Secured Term Loan B and the senior secured revolving line of credit. On July 15, 2015, we used the net proceeds from our initial public offering (“IPO”), along with $350.0 million of borrowings from the Senior Secured Term Loan A, to redeem all of the outstanding 9.625% and 8.125% Senior Notes, including a prepayment premium, accrued interest and certain transaction costs. On March 31, 2016, we borrowed an additional $150.0 million of our Senior Secured Term Loan B, on the same terms as the original Senior Secured Term Loan B, to pay off the balance on our senior secured revolving line of credit that we had drawn on in February 2016 to fund the acquisition of CIFIN and for general corporate purposes. As of March 31, 2016, the capacity under the senior secured credit facility may be increased by an additional $300.0 million so long as certain financial conditions are met, subject to certain conditions and receipt of commitments to fund any additional borrowings by existing or additional lenders. With certain exceptions, the obligations are secured by a first-priority security interest in substantially all of the assets of Trans Union LLC, including its investment in subsidiaries. The senior secured credit facility contains various restrictions and nonfinancial covenants, along with a senior secured net leverage ratio test. The nonfinancial covenants include restrictions on dividends, investments, dispositions, future borrowings and other specified payments, as well as additional reporting and disclosure requirements. The senior secured net leverage test must be met as a condition to incur additional indebtedness and at the end of each fiscal quarter. As of March 31, 2016 , this covenant required us to maintain a net leverage ratio on a pro forma basis equal to, or less than, 6.5 -to-1. As of March 31, 2016 , we were in compliance with all debt covenants. On April 30, 2012, we entered into swap agreements to effectively fix the interest payments on a portion of the then existing senior secured term loan at 2.033% , plus the applicable margin, beginning March 28, 2013. As a result of the amendment to our senior secured credit facility dated April 9, 2014, the swaps no longer were expected to be highly effective and no longer qualified for hedge accounting. At that time, the total net of tax loss of $1.0 million was recorded in accumulated other comprehensive income and is being amortized to interest expense on a straight-line basis through December 29, 2017, the initial expiration date of the swaps. On December 18, 2015, we terminated the interest rate swaps by paying off the outstanding liability balance of $2.7 million . Prior to termination of the swaps, changes in the fair value for the three months ended March 31, 2015 resulted in a loss of $0.9 million recorded in other income and expense. On December 18, 2015, we entered into interest rate cap agreements with various parties that will effectively cap our LIBOR exposure on a portion of our existing senior secured term loans at 0.75% beginning June 30, 2016. We have designated these cap agreements as cash flow hedges. The initial aggregate notional amount under these agreements is $1,526.4 million and is scheduled to decrease each quarter beginning September 30, 2016, until the agreement terminates on June 30, 2020. Beginning July 2016, we will pay the various counter-parties a fixed rate of interest on the outstanding notional amounts of between 0.98% and 0.994% and receive payments to the extent LIBOR exceeds 0.75% . We will record the net payments paid or received as interest expense. The change in fair value of the caps is recorded in other comprehensive income (loss), net of tax, in the consolidated statements of comprehensive income to the extent the caps are effective, and in other income and expense in the consolidated statements of income to the extent the caps are ineffective. During the three months ended March 31, 2016 , the change in the fair value of the caps resulted in a loss of $14.8 million, net of tax, recorded in other comprehensive income (loss) and a loss of $0.7 million recorded in other income and expense. Ineffectiveness is due to, and will continue to result from, financing the estimated cap premium payments. Amounts in other comprehensive income will be reclassified into earnings in the same period in which the hedged forecasted transaction affects earnings. Fair Value of Debt As of March 31, 2016, the fair value of our variable-rate Senior Secured Term Loan A, excluding original issue discounts and deferred fees, approximates the carrying value. As of March 31, 2016 the fair value of our Senior Secured Term Loan B, excluding original issue discounts and deferred fees, was approximately $1,994.2 million . The fair values of our variable-rate term loans are determined using Level 2 inputs, quoted market prices for these publicly traded instruments.

Stockholders' Equity (Notes)

Stockholders' Equity (Notes)	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Attributable to Parent [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Stockholders’ Equity Stock Split During 2015, we effected a 1.333 to 1 stock split of our common stock. All periods presented in these financial statements reflect this split. The impact of the split resulted in a reclassification of the beginning balance of additional paid-in capital to common stock to reflect the increase in par value. Preferred Stock We have 100.0 million shares of preferred stock authorized. No preferred stock had been issued or was outstanding as of March 31, 2016 . Redeemable Non-controlling Interest The redeemable noncontrolling interest increased to $66.5 million at March 31, 2016, from $2.9 million at December 31, 2015, primarily due to our purchase of CIFIN and our exercise of our call rights on the DHI noncontrolling interest.

Earnings Per Share (Notes)

Earnings Per Share (Notes)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Earnings Per Share Basic earnings per share represents income available to common stockholders divided by the weighted average number of common shares outstanding during the reported period. Diluted earnings per share reflects the effect of the increase in shares outstanding determined by using the treasury stock method for awards issued under our long-term incentive stock plans. As of March 31, 2016 , there were 0.2 million anti-dilutive stock-based awards outstanding. In addition, there were 6.5 million contingently issuable stock-based awards outstanding that were excluded from the diluted earnings per share calculation because the market conditions had not been met. As of March 31, 2015 , there were 3.9 million anti-dilutive stock-based awards outstanding. These awards were anti-dilutive because we reported a net loss in the period. In addition, there were 6.4 million contingently issuable market-based stock awards outstanding that were excluded from the diluted earnings per share calculation because the market conditions had not been met. Basic and diluted weighted average shares outstanding and earnings per share were as follows: Three Months Ended (in millions, except per share data) 2016 2015 Earnings per share - basic Earnings available to common shareholders $ 12.6 $ (6.6 ) Weighted average basic shares outstanding 182.4 147.9 Earnings per share - basic $ 0.07 $ (0.04 ) Earnings per share - diluted Earnings available to common shareholders $ 12.6 $ (6.6 ) Weighted average basic shares outstanding 182.4 147.9 Dilutive impact of stock based awards 1.6 — Weighted average dilutive shares outstanding 184.0 147.9 Earnings per share - diluted $ 0.07 $ (0.04 )

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three months ended March 31, 2016 , we reported an effective tax rate of 45.1% , which was higher than the 35% U.S. federal statutory rate due primarily to tax expense on unremitted foreign earnings not considered permanently reinvested and the impact of valuation allowances on the losses of certain foreign subsidiaries. For the three months ended March 31, 2015 , we reported a loss before income taxes and an effective tax rate of 40.1% which was higher than the 35% U.S. federal statutory rate due primarily to the benefit of state income taxes and the tax rate differential on foreign earnings, partially offset by additional tax expense resulting from the expiration of the look-through rule as discussed below. Effective January 1, 2015, the look-through provision under Subpart F of the U.S. Internal Revenue Code expired but was reinstated in December 2015 retroactive to January 1, 2015. Subpart F requires U.S. corporate shareholders to recognize current U.S. taxable income from passive income, including earnings of certain foreign subsidiaries, regardless of whether that income is remitted to the United States. The look-through rule of Subpart F grants an exception for any passive income of certain foreign subsidiaries that is attributable to an active business. When the look-through exception is not in effect, we are required to accrue a tax liability for those foreign earnings as if those earnings were distributed to the United States. Consequently, in the first quarter of 2015, we recorded the additional tax expense we would have incurred in the absence of the look-through rule. The total amount of unrecognized tax benefits was $1.9 million as of March 31, 2016 , and $1.9 million as of December 31, 2015. These same amounts would affect the effective tax rate, if recognized. The accrued interest payable for taxes as of March 31, 2016 , and December 31, 2015, was $0.1 million and $0.1 million , respectively. There was no significant liability for tax penalties as of March 31, 2016 or December 31, 2015. We are regularly audited by federal, state and foreign taxing authorities. Given the uncertainties inherent in the audit process, it is reasonably possible that certain audits could result in a significant increase or decrease in the total amounts of unrecognized tax benefits. An estimate of the range of the increase or decrease in unrecognized tax benefits due to audit results cannot be made at this time. Tax years 2007 and forward remain open for examination in some state and foreign jurisdictions, and tax years 2012 and forward remain open for examination for U.S. federal purposes.

Operating Segments

Operating Segments	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Operating Segments	Operating Segments Operating segments are businesses for which separate financial information is available and evaluated regularly by the chief operating decision maker in deciding how to allocate resources. This segment financial information is reported on the basis that is used for the internal evaluation of operating performance. The accounting policies of the segments are the same as described in Note 1, “Significant Accounting and Reporting Policies” included in our Annual Report on Form 10-K for the year ended December 31, 2015. In the first quarter of 2016, we moved our direct to consumer reseller business and reallocated certain other costs related to our consumer facing business in the U.S. from our USIS segment to our Consumer Interactive segment. These changes better reflect the evolution of our consumer facing business in the U.S. and how we manage that business. As a result, we modified our segment reporting effective the first quarter of 2016. In conjunction with this change we also reclassified $105.0 million of goodwill from our USIS segment to our Consumer Interactive segment. The segment results below have been recast to reflect these changes for all periods presented. These changes do not impact our consolidated results. We evaluate the performance of segments based on revenue and operating income. The following is a more detailed description of the three operating segments and the Corporate unit, which provides support services to each operating segment: U.S. Information Services U.S. Information Services (“USIS”) provides consumer reports, risk scores, analytical and decisioning services to businesses. These businesses use our services to acquire new customers, assess consumer ability to pay for services, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, verify consumer identities and investigate potential fraud. The core capabilities and delivery platforms in our USIS segment allow us to serve a broad set of customers and business issues. We offer our services to customers in financial services, insurance, healthcare and other industries. International The International segment provides services similar to our USIS segment to businesses in select regions outside the United States. Depending on the maturity of the credit economy in each country, services may include credit reports, analytics and decisioning services and other value-added risk management services. In addition, we have insurance, business and automotive databases in select geographies. These services are offered to customers in a number of industries including financial services, insurance, automotive, collections and communications, and are delivered through both direct and indirect channels. The International segment also provides consumer services similar to those offered by our Consumer Interactive segment that help consumers proactively manage their personal finances. Consumer Interactive Consumer Interactive offers solutions that help consumers manage their personal finances and take precautions against identity theft. Services in this segment include credit reports and scores, credit monitoring, fraud protection and resolution and financial management. Our products are provided through user friendly online and mobile interfaces and are supported by educational content and customer support. Our Consumer Interactive segment serves consumers through both direct and indirect channels. Corporate In addition, Corporate provides support services for each of the operating segments, holds investments, and conducts enterprise functions. Certain costs incurred in Corporate that are not directly attributable to one or more of the operating segments remain in Corporate. These costs are typically enterprise-level costs and are primarily administrative in nature. Selected segment financial information consisted of the following: (in millions) Three Months Ended 2016 2015 Gross revenues: U.S. Information Services $ 247.0 $ 219.0 International 67.8 63.5 Consumer Interactive 106.1 84.6 Total revenues, gross 420.9 367.1 Intersegment revenue eliminations: U.S. Information Services (14.3 ) (13.3 ) International (0.9 ) (0.7 ) Consumer Interactive — — Total intersegment eliminations (15.2 ) (14.0 ) Total revenues, net $ 405.7 $ 353.1 Operating income: U.S. Information Services $ 30.2 $ 27.7 International 5.1 2.7 Consumer Interactive 40.5 26.8 Corporate (23.8 ) (20.8 ) Total operating income $ 51.9 $ 36.5 Intersegment operating income eliminations: U.S. Information Services $ (13.9 ) $ (13.0 ) International (0.6 ) (0.4 ) Consumer Interactive 14.5 13.4 Total intersegment eliminations $ — $ — As a result of displaying amounts in millions, rounding differences may exist in the table above. A reconciliation of operating income to income (loss) before income taxes for the periods presented is as follows: (in millions) Three Months Ended 2016 2015 Operating income from segments $ 51.9 $ 36.5 Non-operating income and expense (25.3 ) (43.9 ) Income (loss) before income taxes $ 26.6 $ (7.4 ) Earnings from equity method investments included in non-operating income and expense for the periods presented were as follows: Three Months Ended (in millions) 2016 2015 USIS $ 0.4 $ 0.4 International 1.5 1.9 Total $ 1.9 $ 2.3

Significant Accounting and Re20

Significant Accounting and Reporting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Any reference in this report to “the Company”, “we”, “our”, “us”, and “its’” are to TransUnion and its consolidated subsidiaries, collectively. The accompanying unaudited consolidated financial statements of TransUnion and subsidiaries have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information. In the opinion of management, all adjustments, including normal recurring adjustments, considered necessary for a fair presentation have been included. All significant intercompany transactions and balances have been eliminated. The operating results of TransUnion for the periods presented are not necessarily indicative of the results that may be expected for the full year ending December 31, 2016 . These unaudited consolidated financial statements should be read in conjunction with our audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2015 , filed with the Securities and Exchange Commission (“SEC”) on February 19, 2016.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements of TransUnion include the accounts of TransUnion and all of its majority-owned or controlled subsidiaries. Investments in unconsolidated entities in which the Company has at least a 20% ownership interest, or where it is able to exercise significant influence, are accounted for using the equity method. Nonmarketable investments in unconsolidated entities in which the Company has less than a 20% ownership interest, or where it is not able to exercise significant influence, are accounted for using the cost method and periodically reviewed for impairment.
Subsequent Events	Subsequent Events Events and transactions occurring through the date of issuance of the financial statements have been evaluated by management and, when appropriate, recognized or disclosed in the financial statements or notes to the consolidated financial statements.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements On April 7, 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30), Simplifying the Presentation of Debt Issuance Costs . The amendments in this update require that unamortized debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of the corresponding debt liability, consistent with debt discounts. The new guidance is required to be applied on a retrospective basis, wherein the balance sheet of each individual period presented is adjusted to reflect the period-specific effects of applying the new guidance. Accordingly, we have presented our debt as of March 31, 2016 and December 31, 2015, net of unamortized debt issue costs of $5.3 and $3.9 million, respectively, on our balance sheet and in Footnote 8, “Debt .” On August 18, 2015, the FASB issued ASU 2015-15, Interest—Imputation of Interest (Subtopic 835-30) - Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements (Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting). The ASU indicates the SEC staff would not object to presenting deferred debt issuance costs for a line of credit arrangement as an asset in the balance sheet. We continue to present our deferred line of credit fees as an asset in the consolidated balance sheet. See Note 3 “Other Current Assets” and Note 4 “Other Assets.” Recent Accounting Pronouncements Not Yet Adopted On May 28, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) . This comprehensive guidance will replace all existing revenue recognition guidance and is effective for annual reporting periods beginning after December 15, 2017, and interim periods therein. During 2016, the FASB issued additional guidance: ASU No. 2016-09 Revenue from Contracts with Customers (Topic 606) : Principal versus Agent Considerations (Reporting Revenue Gross versus Net); and ASU No. 2016-10 Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. This additional guidance updates and clarifies the guidance in certain sub-sections of Topic 606. We are currently assessing the impact this revenue recognition guidance will have on our consolidated financial statements. On January 5, 2016, the FASB issued ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities. This ASU is intended to improve the recognition and measurement of financial instruments. Among other things, the ASU requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. This guidance is effective for fiscal years beginning after December 15, 2017, and interim periods therein. We are currently assessing the impact this guidance will have on our consolidated financial statements. On February 25, 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . This ASU, among other things, will require lessee’s to record a lease liability, which is an obligation to make lease payments arising from a lease, and right-of-use asset, which is an asset that represents the right to use, or control the use of, a specified asset for the lease term, for all long-term leases. This guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years . We are currently assessing the impact this guidance will have on our consolidated financial statements. On March 30, 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . This ASU simplifies several aspects of the accounting for share-based payment award transactions, including income tax consequences, classification of awards, and classification on the statement of cash flows. This guidance is effective for annual reporting periods beginning after December 15, 2017, including interim periods therein. We are currently assessing the impact this guidance will have on our consolidated financial statements.

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Financial Instruments Measured At Fair Value, on Recurring Basis	The following table summarizes financial instruments measured at fair value, on a recurring basis, as of March 31, 2016 : (in millions) Total Level 1 Level 2 Level 3 Assets Trading securities $ 11.5 $ 7.4 $ 4.1 $ — Available for sale securities 2.9 — 2.9 — Total $ 14.4 $ 7.4 $ 7.0 $ — Liabilities Interest rate caps $ (23.8 ) $ — $ (23.8 ) $ — Contingent obligations (6.5 ) — — (6.5 ) Total $ (30.3 ) $ — $ (23.8 ) $ (6.5 )

Other Current Assets (Tables)

Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Current Assets	Other current assets consisted of the following: (in millions) March 31, 2016 December 31, 2015 Prepaid expenses $ 47.2 $ 41.9 Other investments 18.9 12.5 Marketable securities 2.9 2.9 Deferred financing fees 0.5 0.5 Income taxes receivable 0.6 0.1 Other 10.2 7.4 Total other current assets $ 80.3 $ 65.3

Other Assets (Tables)

Other Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other assets	Other assets consisted of the following: (in millions) March 31, 2016 December 31, 2015 Investments in affiliated companies $ 51.9 $ 50.5 Other investments 14.4 13.0 Marketable securities 11.5 11.2 Deferred financing fees 1.6 1.7 Deposits 1.9 1.8 Other 1.0 1.3 Total other assets $ 82.3 $ 79.5

Investments in Affiliated Com24

Investments in Affiliated Companies (Tables)	3 Months Ended
	Mar. 31, 2016
Text Block [Abstract]
Investments in Affiliated Companies	Investments in affiliated companies consisted of the following: (in millions) March 31, 2016 December 31, 2015 Total equity method investments $ 46.9 $ 45.5 Total cost method investments 5.0 5.0 Total investments in affiliated companies $ 51.9 $ 50.5
Earnings and Dividends from Equity Method of Investment	Earnings from equity method investments, which are included in non-operating income and expense, and dividends received from equity method investments consisted of the following: (in millions) Three Months Ended 2016 2015 Earnings from equity method investments $ 1.9 $ 2.3 Dividends received from equity method investments $ 0.4 $ 1.4

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Other Current Liabilities	Other current liabilities consisted of the following: (in millions) March 31, 2016 December 31, 2015 Accrued payroll $ 49.2 $ 74.5 Accrued employee benefits 20.0 24.2 Accrued legal and regulatory 16.3 16.3 Deferred revenue 9.9 10.6 Accrued interest 1.1 1.0 Other 25.9 20.1 Total other current liabilities $ 122.4 $ 146.7

Other liabilities (Tables)

Other liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Other Liabilities Disclosure [Abstract]
Other Liabilities	Other liabilities consisted of the following: (in millions) March 31, 2016 December 31, 2015 Interest rate caps $ 23.8 $ — Retirement benefits 11.3 11.2 Unrecognized tax benefits 0.2 0.3 Other 16.5 16.3 Total other liabilities $ 51.8 $ 27.8

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt Outstanding	Debt outstanding consisted of the following: (in millions) March 31, 2016 December 31, 2015 Senior Secured Term Loan B, payable in quarterly installments through April 9, 2021, including variable interest (3.50% at March 31, 2016) at LIBOR or alternate base rate, plus applicable margin, including original issue discount and deferred financing fees of $8.8 million and $5.2 million, respectively, at March 31, 2016, and original issue discount and deferred financing fees of $7.3 million and $3.8 million, respectively, at December 31, 2015 $ 1,998.0 $ 1,855.6 Senior Secured Term Loan A, payable in quarterly installments through June 30, 2020, including variable interest (2.88% at March 31, 2016) at LIBOR or alternate base rate, plus applicable margin, including original issue discount and deferred financing fees of $0.7 million and $0.1 million, respectively, at March 31, 2016, and original issue discount and deferred financing fees of $0.7 million and $0.1 million, respectively, at December 31, 2015 336.1 340.4 Other notes payable 21.4 6.2 Capital lease obligations 2.0 2.4 Total debt 2,357.5 2,204.6 Less short-term debt and current portion of long-term debt (48.0 ) (43.9 ) Total long-term debt $ 2,309.5 $ 2,160.7
Schedule of Maturities of Long-term Debt [Table Text Block]	Excluding potential additional principal payments due on the senior secured credit facility based on excess cash flows of the prior year, scheduled future maturities of total debt at March 31, 2016 , were as follows: (in millions) March 31, 2016 2016 $ 34.4 2017 45.9 2018 49.3 2019 49.1 2020 272.0 Thereafter 1,921.6 Unamortized original issue discounts and unamortized deferred financing fee (14.8 ) Total debt $ 2,357.5

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Basic and diluted weighted average shares outstanding and earnings per share were as follows: Three Months Ended (in millions, except per share data) 2016 2015 Earnings per share - basic Earnings available to common shareholders $ 12.6 $ (6.6 ) Weighted average basic shares outstanding 182.4 147.9 Earnings per share - basic $ 0.07 $ (0.04 ) Earnings per share - diluted Earnings available to common shareholders $ 12.6 $ (6.6 ) Weighted average basic shares outstanding 182.4 147.9 Dilutive impact of stock based awards 1.6 — Weighted average dilutive shares outstanding 184.0 147.9 Earnings per share - diluted $ 0.07 $ (0.04 )

Operating Segments (Tables)

Operating Segments (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Selected Financial Information	Selected segment financial information consisted of the following: (in millions) Three Months Ended 2016 2015 Gross revenues: U.S. Information Services $ 247.0 $ 219.0 International 67.8 63.5 Consumer Interactive 106.1 84.6 Total revenues, gross 420.9 367.1 Intersegment revenue eliminations: U.S. Information Services (14.3 ) (13.3 ) International (0.9 ) (0.7 ) Consumer Interactive — — Total intersegment eliminations (15.2 ) (14.0 ) Total revenues, net $ 405.7 $ 353.1 Operating income: U.S. Information Services $ 30.2 $ 27.7 International 5.1 2.7 Consumer Interactive 40.5 26.8 Corporate (23.8 ) (20.8 ) Total operating income $ 51.9 $ 36.5 Intersegment operating income eliminations: U.S. Information Services $ (13.9 ) $ (13.0 ) International (0.6 ) (0.4 ) Consumer Interactive 14.5 13.4 Total intersegment eliminations $ — $ — As a result of displaying amounts in millions, rounding differences may exist in the table above.
Reconciliation of Operating Income (Loss) to Income (Loss) from Continuing Operations Before Income Tax	A reconciliation of operating income to income (loss) before income taxes for the periods presented is as follows: (in millions) Three Months Ended 2016 2015 Operating income from segments $ 51.9 $ 36.5 Non-operating income and expense (25.3 ) (43.9 ) Income (loss) before income taxes $ 26.6 $ (7.4 )
Earning from Equity Method Investments Included in Other Income and Expense, Net	Earnings from equity method investments included in non-operating income and expense for the periods presented were as follows: Three Months Ended (in millions) 2016 2015 USIS $ 0.4 $ 0.4 International 1.5 1.9 Total $ 1.9 $ 2.3

Summary of Significant Accounti

Summary of Significant Accounting Policies - Additional Information (Detail)	Mar. 31, 2016
Summary Of Significant Accounting Policies [Line Items]
Maximum Ownership Percent Consider Under Cost Method Investments	20.00%
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Equity Method Investment, Ownership Percentage	20.00%

Financial Instruments Measured

Financial Instruments Measured At Fair Value, on Recurring Basis (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Realized and Unrealized Gains and Losses on Available For Sales Securities	$ 0	$ 0
Maximum payout for contingent obligation	33,500,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	100,000
Financial instruments measured at fair value, on a recurring basis
Derivative Liability, Fair Value, Gross Liability	(23,800,000)		$ 0
Fair Value, Recurring
Financial instruments measured at fair value, on a recurring basis
Trading securities	11,500,000
Available-for-sale Securities, Noncurrent	2,900,000
Assets, Fair Value Disclosure	14,400,000
Derivative Liability, Fair Value, Gross Liability	(23,800,000)
Business Combination, Contingent Consideration, Liability	(6,500,000)
Financial and Nonfinancial Liabilities, Fair Value Disclosure	(30,300,000)
Level 1 | Fair Value, Recurring
Financial instruments measured at fair value, on a recurring basis
Trading securities	7,400,000
Available-for-sale Securities, Noncurrent	0
Assets, Fair Value Disclosure	7,400,000
Derivative Liability, Fair Value, Gross Liability	0
Business Combination, Contingent Consideration, Liability	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	0
Level 2 | Fair Value, Recurring
Financial instruments measured at fair value, on a recurring basis
Trading securities	4,100,000
Available-for-sale Securities, Noncurrent	2,900,000
Assets, Fair Value Disclosure	7,000,000
Derivative Liability, Fair Value, Gross Liability	(23,800,000)
Business Combination, Contingent Consideration, Liability	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	(23,800,000)
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring
Financial instruments measured at fair value, on a recurring basis
Trading securities	0
Available-for-sale Securities, Noncurrent	0
Assets, Fair Value Disclosure	0
Derivative Liability, Fair Value, Gross Liability	0
Business Combination, Contingent Consideration, Liability	(6,500,000)
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ (6,500,000)
Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Debt Maturities, Date	Dec. 17, 2027
Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities, Debt Maturities, Date	Jan. 17, 2033

Other Current Assets (Detail)

Other Current Assets (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses	$ 47.2	$ 41.9
Other Short-term Investments	18.9	12.5
Marketable Securities, Current	2.9	2.9
Deferred financing fees	0.5	0.5
Income taxes receivable	0.6	0.1
Other	10.2	7.4
Total other current assets	80.3	$ 65.3
Time Deposits, $100,000 or More, Foreign	$ 0.1

Other Assets (Detail)

Other Assets (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Other assets
Investments in affiliated companies	$ 51.9	$ 50.5
Other investments	14.4	13
Marketable securities	11.5	11.2
Deferred financing fees	1.6	1.7
Deposits	1.9	1.8
Other	1	1.3
Total other assets	82.3	$ 79.5
Time Deposits, $100,000 or More, Foreign	$ 0.1

Investments in Affiliated Com34

Investments in Affiliated Companies (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Investments in and Advances to Affiliates [Line Items]
Maximum Ownership Percent Consider Under Cost Method Investments	20.00%
Other than Temporary Impairment Losses, Investments	$ 0	$ 0
Total investments in affiliated companies	51,900,000		$ 50,500,000
Dividends or Distributions Cost Method Investment	0	$ 0
Total equity method investments
Investments in and Advances to Affiliates [Line Items]
Total equity method investments	46,900,000		45,500,000
Total cost method investments
Investments in and Advances to Affiliates [Line Items]
Total cost method investments	$ 5,000,000		$ 5,000,000
Minimum [Member]
Investments in and Advances to Affiliates [Line Items]
Equity Method Investment, Ownership Percentage	20.00%

Earnings and Dividends from Equ

Earnings and Dividends from Equity Method of Investment (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]
Earnings from equity method investments	$ 1.9	$ 2.3
Dividends received from equity method investments	$ 0.4	$ 1.4

Other Current Liabilities (Deta

Other Current Liabilities (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Other Liabilities Disclosure [Abstract]
Accrued payroll	$ 49.2	$ 74.5
Accrued employee benefits	20	24.2
Accrued legal and regulatory	16.3	16.3
Deferred revenue	9.9	10.6
Accrued interest	1.1	1
Accrued Liabilities, Current	25.9	20.1
Total other current liabilities	$ 122.4	$ 146.7

Other Liabilities (Detail)

Other Liabilities (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Other liabilities
Derivative Liability, Fair Value, Gross Liability	$ 23.8	$ 0
Retirement benefits	11.3	11.2
Unrecognized tax benefits	0.2	0.3
Other	16.5	16.3
Total other liabilities	$ 51.8	$ 27.8

Debt outstanding (Detail)

Debt outstanding (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total debt	$ 2,357.5	$ 2,204.6
Less short-term debt and current portion of long-term debt	(48)	(43.9)
Total long-term debt	2,309.5	2,160.7
Senior secured term loan
Debt Instrument [Line Items]
Total debt	1,998	1,855.6
Senior Secured Term Loan A [Member]
Debt Instrument [Line Items]
Total debt	336.1	340.4
Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Unused Borrowing Capacity, Amount	300
Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]
Total debt	21.4	6.2
Capital lease obligations
Debt Instrument [Line Items]
Total debt	$ 2	$ 2.4

Debt Schedule of Debt Maturitie

Debt Schedule of Debt Maturities (Details) $ in Millions	Mar. 31, 2016USD ($)
Schedule of Debt Maturities [Abstract]
2,015	$ 34.4
2,016	45.9
2,017	49.3
2,018	49.1
2,019	272
Thereafter	1,921.6
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums	(14.8)
Long-term Debt	$ 2,357.5

Debt - Additional Information (

Debt - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)	Apr. 09, 2014USD ($)
Debt Instrument [Line Items]
Net Leverage Ratio Requirement	6.5
Accumulated other comprehensive loss	$ (185.3)		$ (191.8)
Long-term Debt	2,357.5
Repayments of Lines of Credit	145	$ 0
Deferred financing fees	1.6		1.7
Credit Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount	$ 150
Nine Point Six Two Five Percent Fixed Interest Per Annum TransUnion Senior Unsecured [Member]
Debt Instrument [Line Items]
Fixed interest rate	9.625%
Eight Point One Two Five Percent Fixed Interest Per Annum TransUnion Senior Unsecured [Member]
Debt Instrument [Line Items]
Fixed interest rate	8.125%
Senior Loans [Member]
Debt Instrument [Line Items]
Debt Instrument, Fair Value Disclosure	$ 1,994.2
Debt Instrument, Maturity Date		Apr. 9, 2021
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	3.50%
Debt Instrument, Unamortized Discount (Premium), Net	$ 8.8		7.3
Deferred financing fees	5.2		3.8
Senior Secured Term Loan A [Member]
Debt Instrument [Line Items]
Debt Instrument, Fair Value Disclosure	336.2
Debt Instrument, Face Amount	$ 350
Debt Instrument, Maturity Date		Jun. 30, 2020
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	2.88%
Debt Instrument, Unamortized Discount (Premium), Net	$ 0.7		0.7
Deferred financing fees	$ 0.1		$ 0.1
Swap
Debt Instrument [Line Items]
Fixed rate of interest			2.033%
Accumulated other comprehensive loss				$ 1
Derivative Liability			$ 2.7
Loss on Derivative Instruments, Pretax		$ 0.9
Interest Rate Cap [Member]
Debt Instrument [Line Items]
Derivative, Cap Interest Rate	0.75%
Derivative, Notional Amount	$ 1,526.4
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	14.8
Derivative, Net Hedge Ineffectiveness Gain (Loss)	$ 0.7
Minimum [Member] | Interest Rate Cap [Member]
Debt Instrument [Line Items]
Fixed rate of interest	0.98%
Maximum [Member] | Interest Rate Cap [Member]
Debt Instrument [Line Items]
Fixed rate of interest	0.994%

Stockholders' Equity Stockholde

Stockholders' Equity Stockholders' Equity (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Sep. 30, 2015	Mar. 31, 2016	Dec. 31, 2015	Jun. 24, 2015
Equity [Abstract]
Stockholders' Equity Note, Stock Split	1.333
Preferred Stock, Shares Authorized		100	100	100
Redeemable Noncontrolling Interest, Equity, Redemption Value		$ 66.5	$ 2.9

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net Income (Loss) Attributable to Parent	$ 12.6	$ (6.6)
Weighted Average Number of Shares Outstanding, Basic	182.4	147.9
Earnings Per Share, Basic	$ 0.07	$ (0.04)
Net Income (Loss) Available to Common Stockholders, Diluted	$ 12.6	$ (6.6)
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	1.6	0
Weighted Average Number of Shares Outstanding, Diluted	184	147.9
Earnings Per Share, Diluted	$ 0.07	$ (0.04)
Service Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0.2	3.9
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	6.5	6.4

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Effective tax benefit rate	45.10%	40.10%
U.S. federal statutory rate	35.00%	35.00%
Unrecognized tax benefits	$ 1.9		$ 1.9
Accrued interest payable for taxes	0.1		0.1
Liability for income tax penalties	$ 0		$ 0

Selected Financial Information

Selected Financial Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Revenue	$ 405.7	$ 353.1
Operating income (loss)	51.9	36.5
Corporate
Segment Reporting Information [Line Items]
Operating income (loss)	(23.8)	(20.8)
Segment Revenues Gross Intersegment [Member]
Segment Reporting Information [Line Items]
Revenue	420.9	367.1
Segment Revenues Gross Intersegment [Member] | U.S. Information Services
Segment Reporting Information [Line Items]
Revenue	247	219
Segment Revenues Gross Intersegment [Member] | International
Segment Reporting Information [Line Items]
Revenue	67.8	63.5
Segment Revenues Gross Intersegment [Member] | Interactive [Member]
Segment Reporting Information [Line Items]
Revenue	106.1	84.6
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue	(15.2)	(14)
Operating income (loss)	0	0
Intersegment Eliminations [Member] | U.S. Information Services
Segment Reporting Information [Line Items]
Revenue	(14.3)	(13.3)
Operating income (loss)	(13.9)	(13)
Intersegment Eliminations [Member] | International
Segment Reporting Information [Line Items]
Revenue	(0.9)	(0.7)
Operating income (loss)	(0.6)	(0.4)
Intersegment Eliminations [Member] | Interactive [Member]
Segment Reporting Information [Line Items]
Revenue	0	0
Operating income (loss)	14.5	13.4
Segment Operating Income Gross Intersegment [Member]
Segment Reporting Information [Line Items]
Operating income (loss)	51.9	36.5
Segment Operating Income Gross Intersegment [Member] | U.S. Information Services
Segment Reporting Information [Line Items]
Operating income (loss)	30.2	27.7
Segment Operating Income Gross Intersegment [Member] | International
Segment Reporting Information [Line Items]
Operating income (loss)	5.1	2.7
Segment Operating Income Gross Intersegment [Member] | Interactive [Member]
Segment Reporting Information [Line Items]
Operating income (loss)	$ 40.5	$ 26.8

Reconciliation of Operating Inc

Reconciliation of Operating Income (Loss) to Income from Continuing Operations Before Income Tax (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting [Abstract]
Operating income (loss) from segments	$ 51.9	$ 36.5
Non-operating income and expense	(25.3)	(43.9)
Income (loss) before income taxes	$ 26.6	$ (7.4)

Earning from Equity Method Inve

Earning from Equity Method Investments Included in Other Income and Expense Net (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting, Other Significant Reconciling Item [Line Items]
Other income and expense, net from equity method investments	$ 1.9	$ 2.3
U.S. Information Services
Segment Reporting, Other Significant Reconciling Item [Line Items]
Other income and expense, net from equity method investments	0.4	0.4
International
Segment Reporting, Other Significant Reconciling Item [Line Items]
Other income and expense, net from equity method investments	$ 1.5	$ 1.9

Operating Segments - Additional

Operating Segments - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016segment
Segment Reporting [Abstract]
Number of operating segments	3