CANNAE HOLDINGS, INC. CNNE Balance Sheet

Cannae holdings, inc. (CNNE)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Dec'16
ASSETS
Current assets:
Cash and cash equivalents
444	533	153	73	121	315	57	77	104	245	335	141
Short-term investments
0	0	0	1	12	31	32	17	21	0	-	-
Trade receivables
3	16	34	33	29	30	34	36	30	35	15	24
Inventory
8	16	32	32	31	22	43	41	38	29	37	23
Equity securities, at fair value
-	-	-	-	-	-	0	0	0	17	16	51
Income taxes receivable
-	-	-	-	-	-	0	0	0	-	-	-
Prepaid expenses and other current assets
35	64	20	24	29	22	84	22	23	21	18	8
Current assets of discontinued operations - see Note N
-	-	-	-	-	29	-	-	-	-	0	21
Total current assets
491	630	240	165	222	451	252	195	217	350	424	272
Investment in Ceridian, at fair value - see Note A
993	0	-	-	-	-	-	-	-	-	-	-
Equity Method Investments
759	836	851	913	930	397	450	479	415	424	410	401
Lease assets
145	192	218	228	240	-	-	-	-	-	-	-
Property and equipment, net
137	162	155	160	168	175	186	201	209	218	232	235
Other intangible assets, net
38	63	154	158	162	92	194	201	209	214	92	111
Goodwill
53	66	164	164	164	76	197	202	202	202	101	103
Fixed maturity securities available for sale, at fair value
26	19	18	17	17	17	23	21	21	14	22	25
Deferred tax asset
0	54	19	9	15	23	8	7	14	10	30	33
Other long term investments and non-current assets
60	66	69	55	58	48	51	50	51	50	48	49
Noncurrent assets of discontinued operations - see Note N
-	-	-	-	-	176	-	-	-	-	0	241
Assets
2,705	2,092	1,893	1,872	1,981	1,459	1,364	1,359	1,340	1,487	1,361	1,473
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable and other accrued liabilities, current
57	86	91	98	89	95	99	90	93	100	94	91
Lease liabilities, current
26	41	43	43	42	-	-	-	-	-	-	-
Income taxes payable
45	37	20	4	23	24	0	0	0	0	0	0
Deferred revenue
16	26	22	25	25	25	19	23	23	26	10	24
Notes payable, current
6	7	7	5	5	5	0	1	1	122	9	11
Current liabilities of discontinued operations - see Note N
-	-	-	-	-	8	-	-	-	-	0	31
Total current liabilities
152	198	184	176	188	160	119	115	118	249	114	159
Lease liabilities, long term
138	199	210	218	230	-	-	-	-	-	-	-
Deferred tax liability
124	0	-	-	-	-	-	-	-	-	-	-
Deferred revenue, long-term
-	-	0	0	0	0	2	1	1	9	-	0
Notes payable, long term
42	120	193	195	206	42	11	11	11	12	119	93
Note payable to Fidelity National Financial, Inc. - see Note F
-	-	-	-	100	-	-	-	-	-	-	-
Accounts payable and other accrued liabilities, long term
42	43	29	30	29	57	58	60	61	62	53	60
Noncurrent liabilities of discontinued operations - see Note N
-	-	-	-	-	0	-	-	-	-	0	150
Total liabilities
500	562	619	620	755	259	192	188	192	334	287	463
Commitments and contingencies - see Note G
-	-	-	-	-	-	0	0	0	-	0	0
Equity:
Cannae common stock, $0.0001 par value; authorized 115,000,000 shares as of March 31, 2020 and December 31, 2019; outstanding of 79,130,316 and 79,516,833 shares as of March 31, 2020 and December 31, 2019, respectively, and issued of 79,727,972 shares as of March 31, 2020 and December 31, 2019, respectively
0	0	0	0	0	0	0	0	-	0	-	-
Preferred stock, $0.0001 par value; authorized 10,000,000 shares; issued and outstanding, none as of March 31, 2020 and December 31, 2019
0	0	0	0	0	0	0	0	-	0	-	-
Retained earnings
791	143	119	90	71	45	1	0	2	0	-	0
Additional paid-in capital
1,406	1,396	1,156	1,150	1,148	1,146	1,157	1,155	1,131	1,130	-	0
Less: Treasury stock, 597,656 and 211,139 shares as of March 31, 2020 and December 31, 2019, respectively, at cost
16	5	4	0	0	0	-	-	-	0	-	-
Parent investment in FNFV
-	-	-	-	-	-	-	-	-	-	1,039	961
Accumulated other comprehensive loss
-0	-45	-59	-56	-65	-67	-67	-75	-75	-71	-65	-68
Total Cannae shareholders' equity
2,180	1,488	1,212	1,185	1,154	1,124	1,091	1,080	1,059	1,059	974	893
Noncontrolling interests
24	41	62	66	71	75	81	91	89	93	99	116
Total equity
2,205	1,529	1,300	1,300	1,226	1,199	1,172	1,171	1,148	1,153	1,073	1,009
Total liabilities and equity
2,705	2,092	1,893	1,872	1,981	1,459	1,364	1,359	1,340	1,487	1,361	1,473