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Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2018	Apr. 30, 2018
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q1
Entity Registrant Name	Cannae Holdings, Inc.
Entity Central Index Key	0001704720
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		70,858,143

CONDENSED CONSOLIDATED AND COMBINED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 104.2	$ 245.6
Short-term investments	21.1	0.0
Trade receivables	30.2	35.8
Inventory	38.6	29.7
Equity securities, at fair value	0.0	17.7
Income taxes receivable	0.2	0.0
Prepaid expenses and other current assets	23.2	21.4
Total current assets	217.5	350.2
Investments in unconsolidated affiliates	415.4	424.9
Property and equipment, net	209.8	218.8
Other intangible assets, net	209.1	214.5
Goodwill	202.0	202.7
Fixed maturity securities available for sale, at fair value	21.4	14.8
Deferred tax asset	14.1	10.6
Other long term investments and non-current assets	51.3	50.7
Total assets	1,340.6	1,487.2
Current liabilities:
Accounts payable and other accrued liabilities, current	93.2	100.7
Income taxes payable	0.0	0.8
Deferred revenue	23.4	26.1
Notes payable, current	1.4	122.2
Total current liabilities	118.0	249.8
Deferred revenue, long term	1.9	9.1
Notes payable, long term	11.1	12.7
Accounts payable and other accrued liabilities, long term	61.0	62.5
Total liabilities	192.0	334.1
Commitments and contingencies - see Note G
Equity:
Retained earnings	2.8	0.2
Additional paid-in capital	1,131.9	1,130.2
Accumulated other comprehensive loss	(75.6)	(71.0)
Total Cannae shareholders' equity	1,059.1	1,059.4
Noncontrolling interests	89.5	93.7
Total equity	1,148.6	1,153.1
Total liabilities and equity	$ 1,340.6	$ 1,487.2

CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues:
Restaurant revenue	$ 273.8	$ 272.7
Other operating revenue	20.1	2.6
Total operating revenues	293.9	275.3
Operating expenses:
Cost of restaurant revenue	240.8	236.1
Personnel costs	24.1	16.5
Depreciation and amortization	14.9	11.4
Other operating expenses	21.2	17.5
Total operating expenses	301.0	281.5
Operating loss	(7.1)	(6.2)
Other income (expense):
Interest and investment income	1.3	1.0
Interest expense	(3.0)	(2.1)
Realized gains, net	0.0	5.1
Total other (expense) income	(1.7)	4.0
Loss from continuing operations before income taxes and equity in losses of unconsolidated affiliates	(8.8)	(2.2)
Income tax benefit	(4.0)	(1.8)
Loss from continuing operations before equity in losses of unconsolidated affiliates	(4.8)	(0.4)
Equity in losses of unconsolidated affiliates	(1.1)	(3.4)
(Loss) earnings from continuing operations	(5.9)	(3.8)
Net earnings from discontinued operations, net of tax - see Note J	0.0	2.3
Net loss	(5.9)	(1.5)
Less: Net loss attributable to non-controlling interests	(4.2)	(2.0)
Net (loss) earnings attributable to Cannae Holdings, Inc. common shareholders	(1.7)	0.5
Amounts attributable to Cannae Holdings, Inc. common shareholders
Net loss from continuing operations attributable to Cannae Holdings, Inc. common shareholders	(1.7)	(1.8)
Net earnings from discontinued operations attributable to Cannae Holdings, Inc. common shareholders	0.0	2.3
Net (loss) earnings attributable to Cannae Holdings, Inc. common shareholders	$ (1.7)	$ 0.5
Basic
Net loss per share from continuing operations (in usd per share)	$ (0.02)	$ (0.02)
Net earnings per share from discontinued operations (in usd per share)	0.00	0.03
Net (loss) earnings per share (in usd per share)	(0.02)	0.01
Diluted
Net loss per share from continuing operations (in usd per share)	(0.02)	(0.02)
Net earnings per share from discontinued operations (in usd per share)	0.00	0.03
Net (loss) earnings per share (in usd per share)	$ (0.02)	$ 0.01
Weighted average shares outstanding Cannae Holdings common stock, basic basis	70.6	70.6
Weighted average shares outstanding Cannae Holdings common stock, diluted basis	70.6	70.6

CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2018

Mar. 31, 2017

Statement of Comprehensive Income [Abstract]

Net loss

$ (5.9)

$ (1.5)

Other comprehensive earnings (loss), net of tax:

Unrealized gain on investments and other financial instruments, net (excluding investments in unconsolidated affiliates)

^[1]

2.1

0.5

Unrealized (loss) gain relating to investments in unconsolidated affiliates

^[2]

(6.7)

1.6

Reclassification adjustments for change in unrealized gains and losses included in net earnings

^[3]

0.0

(3.1)

Other comprehensive loss

(4.6)

(1.0)

Comprehensive loss

(10.5)

(2.5)

Less: Comprehensive loss attributable to noncontrolling interests

(4.2)

(2.0)

Comprehensive loss attributable to Cannae Holdings, Inc.

(6.3)

(0.5)

Net of income tax expense

0.8

0.3

Net of income tax (benefit) expense

$ (1.8)

1.0

Net of income tax expense

$ 1.9

[1]	Net of income tax expense of $0.8 million and $0.3 million for the three months ended March 31, 2018 and 2017, respectively
[2]	Net of income tax (benefit) expense of $(1.8) million and $1.0 million for the three months ended March 31, 2018 and 2017, respectively.
[3]	Net of income tax expense of $1.9 million for the three months ended March 31, 2017.

CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF EQUITY - USD ($)
shares in Millions, $ in Millions

Total

Common Stock

Parent Investment in FNFV

Accumulated Other Comp (Loss) Earnings

Non-controlling Interests

Additional Paid-in Capital

Retained Earnings

Ceridian

Additional Paid-in Capital

Difference between Revenue Guidance in Effect before and after Topic 606

Retained Earnings

Beginning balance at Dec. 31, 2016

$ 1,009.8

$ 961.6

$ (68.1)

$ 116.3

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Other comprehensive earnings—unrealized gain on investments and other financial instruments, net of tax

0.5

^[1]

0.5

Other comprehensive earnings—unrealized gain on investments in unconsolidated affiliates, net of tax

1.6

^[2]

1.6

Reclassification adjustments for change in unrealized gains and losses included in net earnings, net of tax

(3.0)

(3.1)

Subsidiary stock-based compensation

0.2

Net change in Parent investment in FNFV

0.8

Subsidiary dividends paid to noncontrolling interests

(0.1)

Stock-based compensation

1.5

Net loss

(1.5)

0.5

(2.0)

Ending balance at Mar. 31, 2017

1,009.7

$ 964.4

(69.1)

114.4

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Adjustment for cumulative effect of adoption of ASC Topic 606 | Accounting Standards Update 2014-09

$ 4.3

Beginning balance at Dec. 31, 2017

1,153.1

$ 0.0

(71.0)

93.7

$ 1,130.2

$ 0.2

Beginning balance (in shares) at Dec. 31, 2017

70.9

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Other comprehensive earnings—unrealized gain on investments and other financial instruments, net of tax

2.1

^[1]

2.1

Other comprehensive earnings—unrealized gain on investments in unconsolidated affiliates, net of tax

(6.7)

^[2]

(7.0)

Stock-based compensation

0.4

0.0

0.4

$ 1.0

Contribution of CSA services from FNF

0.3

Net loss

(5.9)

(4.2)

(1.7)

Ending balance (in shares) at Mar. 31, 2018

70.9

Ending balance at Mar. 31, 2018

$ 1,148.6

$ 0.0

$ (75.6)

$ 89.5

$ 1,131.9

$ 2.8

[1]	Net of income tax expense of $0.8 million and $0.3 million for the three months ended March 31, 2018 and 2017, respectively
[2]	Net of income tax (benefit) expense of $(1.8) million and $1.0 million for the three months ended March 31, 2018 and 2017, respectively.

CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net loss	$ (5.9)	$ (1.5)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	14.9	16.5
Equity in losses of unconsolidated affiliates	1.1	3.4
Realized loss (gain) and asset impairments, net	1.0	(4.6)
Stock-based compensation cost	0.4	0.2
Distributions from unconsolidated affiliates	0.9	0.0
Changes in assets and liabilities, net of effects from acquisitions:
Net decrease in trade receivables	5.6	8.0
Net increase in inventory, prepaid expenses and other assets	(8.0)	(7.6)
Net decrease in accounts payable, accrued liabilities, deferred revenue and other	(16.4)	(2.5)
Net change in income taxes	(4.9)	1.5
Net cash (used in) provided by operating activities	(11.3)	13.4
Cash flows from investing activities:
Proceeds from sale of investment securities	17.7	31.6
Additions to property and equipment	(3.1)	(6.3)
Additions to other intangible assets	0.0	(0.2)
Proceeds from sales of property and equipment	1.4	0.0
Additional investments in unconsolidated affiliates	0.0	(0.3)
Purchases of other long-term investments	(1.7)	(0.6)
Distributions from investments in unconsolidated affiliates	0.0	0.5
Net purchases of short-term investment securities	(21.1)	0.0
Net other investing activities	0.4	(0.1)
Other acquisitions of businesses, net of cash acquired	0.0	(21.0)
Net cash (used in) provided by investing activities	(6.4)	3.6
Cash flows from financing activities:
Borrowings	0.1	38.7
Debt service payments	(123.8)	(12.7)
Subsidiary distributions paid to noncontrolling interest shareholders	0.0	(0.1)
Payment of contingent consideration for prior period acquisitions	0.0	(4.0)
Equity transactions with Parent, net	0.0	0.8
Net cash (used in) provided by financing activities	(123.7)	22.7
Net (decrease) increase in cash and cash equivalents	(141.4)	39.7
Cash and cash equivalents at beginning of period	245.6	146.4
Cash and cash equivalents at end of period	$ 104.2	$ 186.1

Basis of Financial Statements	3 Months Ended
Basis of Financial Statements	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Financial Statements	Basis of Financial Statements Description of the Business We are a holding company engaged in actively managing and operating a group of companies and investments with a net asset value of approximately $1.1 billion as of March 31, 2018. Our business consists of managing and operating certain majority-owned subsidiaries, as well as making additional majority and minority equity portfolio investments in businesses, in order to achieve superior financial performance and maximize the value of these assets. As of March 31, 2018, our primary majority and minority-owned subsidiaries include American Blue Ribbon Holdings, LLC and its affiliates ("ABRH"), T-System Holdings, LLC ("T-System"), Ceridian Holding, LLC ("Ceridian"), and various other controlled portfolio companies and minority equity investments. See Note H Segment Information for further discussion of the businesses comprising our reportable segments. Split-off of Cannae from FNF During December 2016, the board of directors of Fidelity National Financial, Inc. (“FNF” or “Parent”) authorized its management to pursue a plan to redeem each outstanding share of its Fidelity National Financial Ventures Group ("FNFV Group") common stock, par value $0.0001, for one share of common stock, par value $0.0001, of a newly formed entity, Cannae Holdings, Inc. (“Cannae”), with cash in lieu of fractional shares (the "Split-Off"). On November 17, 2017, FNF contributed to Cannae its majority and minority equity investment stakes in a number of entities, including ABRH, T-System, Ceridian, and various other controlled portfolio companies and minority equity investments. The Split-Off was tax-free to stockholders of FNFV Group common stock. Following the Split-Off, FNF and Cannae operate as separate, publicly traded companies. In connection with the Split-Off, FNF and Cannae entered into certain agreements in order to govern certain of the ongoing relationships between the two companies after the Split-Off and to provide for an orderly transition. These agreements include a reorganization agreement, a corporate services agreement, a registration rights agreement, a voting agreement and a tax matters agreement. The reorganization agreement provides for, among other things, the principal corporate transactions (including the internal restructuring) required to effect the Split-Off, certain conditions to the Split-Off and provisions governing the relationship between Cannae and FNF with respect to and resulting from the Split-Off. The tax matters agreement provides for the allocation and indemnification of tax liabilities and benefits between FNF and Cannae and other agreements related to tax matters. The voting agreement and registration rights agreement provide for certain appearance and voting restrictions and registration rights on shares of Cannae owned by FNF after consummation of the Split-Off. Pursuant to the corporate services agreement (the "CSA"), FNF provides Cannae with certain "back office" services including legal, tax, accounting, and treasury support. FNF will generally provide these services at no-cost for up to three years. We record an expense and an offsetting increase to Additional paid-in-capital for contributed services. Cannae will reimburse FNF for direct, out-of-pocket expenses incurred by FNF in providing these services. The Split-Off was accounted for at historical cost due to the pro rata nature of the distribution to holders of FNFV Group common stock. Principles of Consolidation and Combination and Basis of Presentation The accompanying Condensed Consolidated and Combined Financial Statements are prepared in accordance with generally accepted accounting principles in the United States ("GAAP") and Article 10 of Regulation S-X and include the historical accounts as well as wholly-owned and majority-owned subsidiaries of the Company. All adjustments made were of a normal, recurring nature. This report should be read in conjunction with our Annual Report on Form 10-K (our "Annual Report") for the year ended December 31, 2017. Prior to the Split-Off, these financial statements represent a combination of the historical financial information of the operations attributed to FNFV, of which Cannae is comprised. The Company is allocated certain corporate overhead and management services expenses from FNF based on the terms of the CSA and our proportionate share of the expense determined on actual usage and our best estimate of management's allocation of time. Both FNF and Cannae believe such allocations are reasonable; however, they may not be indicative of the actual results of operations or cash flows of the Company had the Company been operating as an independent, publicly traded company for the periods presented or the amounts that will be incurred by the Company in the future. All intercompany profits, transactions and balances have been eliminated. Our investments in non-majority-owned partnerships and affiliates are accounted for using the equity method until such time that they may become wholly or majority-owned. Earnings attributable to noncontrolling interests are recorded on the Condensed Consolidated and Combined Statements of Operations relating to majority-owned subsidiaries with the appropriate noncontrolling interest that represents the portion of equity not related to our ownership interest recorded on the Condensed Consolidated and Combined Balance Sheets in each period. Management Estimates The preparation of these Condensed Consolidated and Combined Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Condensed Consolidated and Combined Financial Statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates made by management include the valuation of acquired intangible assets (Note B) and fair value measurements (Note C). Actual results may differ from estimates. Recent Developments On April 26, 2018, Ceridian HCM Holding Inc.'s (“Ceridian HCM”) previously announced registration statement on Form S-1 was declared effective by the United States Securities and Exchange Commission ("SEC") and Ceridian HCM priced its initial public offering of 21,000,000 shares of common stock at a price of $22.00 per share (the "Ceridian IPO"). In addition, the underwriters of the Ceridian IPO were granted a 30-day option to purchase up to an additional 3,150,000 shares at the initial public offering price, less underwriting discounts and commissions. The New York Stock Exchange has approved the listing of the shares and the Toronto Stock Exchange (“TSX”) has conditionally approved the listing of the shares. Listing on the TSX is subject to Ceridian HCM fulfilling all of the requirements of the TSX on or before July 12, 2018, including distribution of the shares to a minimum number of public shareholders. Ceridian HCM’s shares began trading on the New York Stock Exchange and on an “if, as and when issued” basis on the TSX on April 26, 2018 under the ticker symbol “CDAY.” In accordance with the terms of our management agreement with Ceridian, the agreement was terminated upon closing of the Ceridian IPO. The termination resulted in a termination fee of $5.6 million which was paid to us on May 1, 2018. As a result of the Ceridian IPO, and participation in a concurrent private placement investment in which we acquired 1,521,030 shares of CDAY representing an additional investment of $33.4 million, we own a total of 37,135,921 shares of CDAY which represents 27.2% of the outstanding common equity of Ceridian HCM. On May 7, 2018, the Compensation Committee of the Board of Directors approved a success bonus of up to $67.1 million resulting from the successful Ceridian IPO. The success bonus will be payable to certain members of the Board of Directors and management who contributed to acquiring and growing Ceridian over Cannae’s and its predecessor’s ten year ownership of Ceridian and is expected to be paid in a combination of cash and stock. On March 12, 2018, Cannae Holdings and Newport Global Opportunities Fund I-A AIV (ABRH) LP ("Newport Global") signed a non-binding letter of intent pursuant to which ABRH intends to distribute 95% of its family dining group, which consists primarily of its Village Inn and Baker's Square concepts, and its Legendary Baking concept to Newport Global in 100% redemption of Newport Global’s interest in Fidelity Newport Holdings, LLC ("FNH"), the parent of ABRH. This proposed transaction would leave Cannae with approximately 94% of the interest in FNH which will retain the O’Charley’s and 99 Restaurants brands, along with an approximately 5% interest in the family dining group and Legendary Baking. Discussions remain ongoing and we have not yet determined a closing date for the proposed transaction. Earnings Per Share Basic earnings per share, as presented on the Condensed Consolidated and Combined Statement of Operations, is computed by dividing net earnings available to common shareholders by the weighted average number of common shares outstanding during the period. On November 17, 2017, the date of the consummation of the Split-Off, 70.6 million common shares of Cannae were distributed to FNFV Group shareholders. For comparative purposes, the weighted average number of common shares outstanding and basic and diluted earnings per share for the three months ended March 31, 2017 were calculated using the number of shares distributed as if those shares were issued and outstanding beginning January 1, 2017. In periods when earnings are positive, diluted earnings per share is calculated by dividing net earnings available to common shareholders by the weighted average number of common shares outstanding plus the impact of assumed conversions of potentially dilutive securities. For periods when we recognize a net loss, diluted earnings per share is equal to basic earnings per share as the impact of assumed conversions of potentially dilutive securities is considered to be antidilutive. We have granted certain shares of restricted stock which have been treated as common share equivalents for purposes of calculating diluted earnings per share for periods in which positive earnings have been reported. Instruments which provide the ability to purchase shares of our common stock that are antidilutive are excluded from the computation of diluted earnings per share. For the three months ended March 31, 2018, there were no antidilutive shares of restricted stock outstanding which were excluded from the calculation of diluted earnings per share. Income Tax On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Reform Act”). Among other provisions, the Tax Reform Act reduced the Federal statutory corporate income tax rate from 35% to 21% and limited or eliminated certain deductions. Our effective tax rate was 45.5% and 81.8% in the three months ended March 31, 2018 and 2017, respectively. The decrease was attributable to the Tax Reform Act and the impact of permanent tax differences primarily related to wage and tip credits at the Restaurant Group and losses of unconsolidated affiliates. The Tax Reform Act significantly changes how the United States taxes corporations. The Company has analyzed and interpreted the current and future impacts of the Tax Reform Act and recorded the provisional effects in its financial statements as of March 31, 2018. However, the legislation remains subject to potential amendments, technical corrections and further guidance. Further, in connection with the filing of its tax return, the Company has the ability to change certain elections it has applied to the calculation of the year-end deferred tax assets and liabilities or amounts related to investments in subsidiaries. When the impact of the Tax Reform Act is finalized, the Company will record any necessary adjustments in the period in which the change occurs. No adjustments related to the Tax Reform Act were recorded in the three months ended March 31, 2018. Discontinued Operations On June 6, 2017, we closed on the sale of Digital Insurance, Inc. ("OneDigital"). We retained no ownership in OneDigital and have no continuing involvement with OneDigital as of the date of the sale. As a result of the sale of OneDigital we have reclassified the financial results of OneDigital to discontinued operations for the three months ended March 31, 2017 in our Condensed Consolidated and Combined Statement of Operations. See Note J. Discontinued Operations for further details of the results of OneDigital. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU provides a new comprehensive revenue recognition model that requires companies to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. This update also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. This update permits the use of either the retrospective or cumulative effect transition method. ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations was issued by FASB in March 2016 to clarify the principal versus agent considerations within ASU 2014-09. ASU 2016-10 Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing was issued by the FASB in April 2016 to clarify how to determine whether goods and services are separately identifiable and thus accounted for as separate performance obligations. ASU 2016-12 Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients was issued by the FASB in May 2016 to clarify certain terms from the aforementioned updates and to add practical expedients for contracts at various stages of completion. ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers, was issued by the FASB in December 2016 which includes thirteen technical corrections and improvements affecting narrow aspects of the guidance issued in ASU 2014-09. We adopted ASC Topic 606 on January 1, 2018 using a modified retrospective approach with a cumulative-effect adjustment to the opening balance of retained earnings. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported under the accounting standards in effect for the prior period. The adoption of ASC Topic 606 did not have a significant impact on the timing or amount of recognition of revenue for our primary sources of revenue. As a result of the adoption of ASC Topic 606, we recorded a cumulative-effect adjustment of $4.3 million to increase Retained earnings and decrease Deferred revenue as of January 1, 2018. See Note K. Revenue Recognition for further discussion of our revenue. In February 2016, the FASB issued ASU No. 2016-02 Leases (Topic 842). The amendments in this ASU introduce broad changes to the accounting and reporting for leases by lessees. The main provisions of the new standard include: clarifications to the definitions of a lease, components of leases, and criteria for determining lease classification; requiring virtually all leased assets, including operating leases and related liabilities, to be reflected on the lessee's balance sheet; and expanding and adding to the required disclosures for lessees. This update is effective for annual and interim periods beginning after December 15, 2018, including interim periods within those fiscal years. Early application of the standard is permitted. The ASU requires a modified retrospective approach to transitioning which allows for the use of practical expedients to effectively account for leases commenced prior to the effective date in accordance with previous GAAP, except that lessees are required to recognize a right-of-use asset and a lease liability for all operating leases at each reporting date based on the present value of the remaining minimum rental payments that were tracked and disclosed under previous GAAP. We are still evaluating the totality of the effects this new guidance will have on our business process and systems, financial statements and related disclosures. We have identified a vendor with software suited to track and account for leases under the new standard. We plan to adopt this standard on January 1, 2019. In June 2016, the FASB issued ASU No. 2016-13 Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments. The amendments in this ASU introduce broad changes to accounting for credit impairment of financial instruments. The primary updates include the introduction of a new current expected credit loss ("CECL") model that is based on expected rather than incurred losses and amendments to the accounting for impairment of debt securities available for sale. This update is effective for annual periods beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for annual periods beginning after December 15, 2018, including interim periods within those fiscal years. We are currently evaluating the effect this new guidance will have on our financial statements and related disclosures and have not yet concluded on its effects. We do not plan to early adopt the standard. In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The guidance simplifies the measurement of goodwill impairment by removing step 2 of the goodwill impairment test, which requires the determination of the fair value of individual assets and liabilities of a reporting unit. The new guidance requires goodwill impairment to be measured as the amount by which a reporting unit’s carrying value exceeds its fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The amendments should be applied on a prospective basis. The new standard is effective for fiscal years beginning after December 15, 2019 with early adoption permitted for interim or annual goodwill impairment tests performed after January 1, 2017. We have completed our evaluation of the effect this new guidance will have on our financial statements and related disclosures and have concluded that the effect will not be material. We do not expect to early adopt this standard. In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The guidance allows for a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Reform Act. The new standard is effective for fiscal years beginning after December 15, 2018 and interim periods in those fiscal years with early adoption permitted. We are currently evaluating the effect this new guidance will have on our financial statements and related disclosures and have not yet concluded on its effects. Revision of Prior Period Financial Statements In connection with the preparation of our Consolidated and Combined Financial Statements for the year ended December 31, 2017, we identified and corrected prior period errors pertaining to the accounting for our investment in Ceridian. Specifically, the adjustments related to: (1) our accounting for the equity pick-up related to stock-based compensation at Ceridian and (2) the timing of accounting adjustments made by Ceridian and by us. Adjustments in (1) above related to our accounting for the equity pick-up related to stock-based compensation at Ceridian had no impact to equity due to offsetting adjustments to Parent investment in FNFV. These corrections resulted in the following changes for the three months ended March 31, 2017: i.a decrease in Equity in losses of unconsolidated affiliates of $0.6 million; and ii.a decrease in Income tax benefit of $0.8 million. The effect of all prior period corrections, as disclosed in our Annual Report, decreased Parent investment in FNFV by $3.9 million as of December 31, 2016. The aggregate of these corrections and the corrections impacting the quarter ended March 31, 2017, as described above, decreased Parent investment in FNFV by $2.6 million at March 31, 2017. No earnings per share data was affected as our shares began trading on November 20, 2017 and therefore was not previously presented. In accordance with accounting guidance found in Accounting Standards Codification ("ASC") Topic 250-10 (SEC Staff Accounting Bulletin No. 99, Materiality), we assessed the materiality of the errors from quantitative and qualitative perspectives and concluded that the errors were not material, individually or in the aggregate, to any of our previously issued financial statements. Since the revision was not material to any prior period, no amendments to previously issued financial statements are required. Consequently, we have adjusted for these errors by revising the financial statement line items discussed above, including the related impacts to the statements of comprehensive loss, equity and cash flows and disclosures in our historical financial statements presented herein.

Acquisitions

3 Months Ended

Mar. 31, 2018

Business Combinations [Abstract]

Acquisitions

The results of operations and financial position of the entities acquired during any period are included in the Condensed Consolidated and Combined Financial Statements from and after the date of acquisition.

T-System

On October 16, 2017, we completed the T-System Merger for aggregate merger consideration of $202.2 million. T-System is a provider of clinical documentation and coding solutions to hospital-based and free-standing emergency departments and urgent care facilities.

The Company paid total consideration, net of cash received, of $200.9 million in exchange for 100% of the equity ownership of T-System. The total consideration paid was as follows (in millions):



Cash paid	$	202.2
Less: Cash acquired	1.3
Total cash consideration paid	$	200.9

The purchase price has been allocated to T-System's assets acquired and liabilities assumed based on our best estimates of their fair values as of the acquisition date. Goodwill has been recorded based on the amount that the purchase price exceeds the fair value of the net assets acquired. $32.8 million of the goodwill recorded is expected to be deductible for tax purposes. These estimates are preliminary and subject to adjustments as we complete our valuation process with respect to Goodwill, Other intangible assets, and Deferred tax liabilities.

The following table summarizes the total purchase price consideration and the preliminary fair value amounts recognized for the assets acquired, excluding cash received, and liabilities assumed as of the acquisition date (in millions):



	Fair Value
Trade receivables	$	11.3
Prepaid and other assets	2.0
Property and equipment	1.2
Goodwill	98.9
Other intangible assets	112.4
Total assets acquired	225.8

Accounts payable and accrued liabilities	6.6
Deferred revenue	11.0
Deferred tax liabilities	7.3
Total liabilities assumed	24.9
Net assets acquired	$	200.9

For comparative purposes, selected unaudited pro-forma combined results of operations of Cannae for the quarter ended March 31, 2017 are presented below (in millions). Pro-forma results presented assume the consolidation of T-System occurred as of the beginning of the 2017 period. Amounts are adjusted to exclude costs directly attributable to the acquisition of T-System, including transaction costs and amortization of acquired intangible assets.



	Quarter Ended March 31, 2017
	(Unaudited)
Total revenues	$	290.3
Net earnings attributable to Cannae Holdings	0.9

The gross carrying values and weighted average estimated useful lives of property and equipment and other intangible assets acquired in the T-System acquisition consists of the following (dollars in millions):



	Gross Carrying Value		Weighted Average Estimated Useful Life (in years)
Property and equipment	$	1.2	3 - 5
Other intangible assets:
Customer relationships	55.2		10
Computer software	45.1		9
Tradename	10.6		10
Noncompete agreement	1.5		5
Total other intangible assets	112.4
Total	$	113.6

Fair Value Measurements

3 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value Measurements

The fair value hierarchy established by the accounting standards on fair value measurements includes three levels which are based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure the financial instruments fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Financial assets and liabilities that are recorded in the Combined Balance Sheets are categorized based on the inputs to the valuation techniques as follows:

Level 1. Financial assets and liabilities whose values are based on unadjusted quoted prices for identical assets or liabilities in an active market that we have the ability to access.

Level 2. Financial assets and liabilities whose values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability.

Level 3. Financial assets and liabilities whose values are based on model inputs that are unobservable.

Recurring Fair Value Measurements

The following table presents our fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of March 31, 2018 and December 31, 2017, respectively:



	March 31, 2018
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Fixed-maturity securities available for sale:
Corporate debt securities	$	—	$	—	$	21.4	$	21.4
Deferred compensation	3.9		—		—		3.9
Total assets	$	3.9	$	—	$	21.4	$	25.3
Liabilities:
Deferred compensation	$	3.9	$	—	$	—	$	3.9
Total liabilities	$	3.9	$	—	$	—	$	3.9



	December 31, 2017
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Fixed-maturity securities available for sale:
Corporate debt securities	$	—	$	14.8	$	—	$	14.8
Equity securities available for sale	17.7		—		—		17.7
Deferred compensation	4.4		—		—		4.4
Total assets	$	22.1	$	14.8	$	—	$	36.9
Liabilities:
Deferred compensation	$	4.4	$	—	$	—	$	4.4
Total liabilities	$	4.4	$	—	$	—	$	4.4

Our Level 3 fair value measurement for our fixed-maturity securities available for sale are provided by a single third-party pricing service. We utilize one firm to value our Level 3 fixed-maturity securities available for sale. We utilize both an income approach and a contingent claims analysis in determining the fair value of our Level 3 fixed-maturity securities available for sale. The primary unobservable inputs utilized in this pricing methodology are the discount rate used. The discount rates used are based on company-specific risk premiums, public company comparable securities, and leveraged loan indices. The discount rate used in our determination of the fair value of our Level 3 fixed-maturity securities available for sale varies by security type and was 11.5% to 17.25% as of March 31, 2018. Based on the total fair value of our Level 3 fixed-maturity securities available for sale as of March 31, 2018, changes in the discount rate utilized will not result in a fair value significantly different than the amount recorded.

The following table presents a summary of the changes in the fair values of Level 3 assets, measured on a recurring basis, for the three months ended March 31, 2018.



	March 31, 2018
	Corporate debt
	securities

Fair value, December 31, 2017	$	—
Transfers from Level 2	21.4
Fair value, March 31, 2018	$	21.4

Transfers into or out of the Level 3 fair value category occur when unobservable inputs become more or less significant to the fair value measurement or upon a change in valuation technique. For the three months ended March 31, 2018, transfers between Level 2 and Level 3 were based on changes in significance of unobservable inputs used associated with a change in the service provider and in the valuation technique used to value our corporate debt securities. The Company’s policy is to recognize transfers between levels in the fair value hierarchy at the end of the reporting period.

We recorded no realized or unrealized gains or losses in net earnings or other comprehensive (loss) earnings related to the change in fair value or sales of assets measured using Level 3 inputs in the three months ended March 31, 2018 or 2017.

As of December 31, 2017 and March 31, 2017, we held no material assets or liabilities measured at fair value using Level 3 inputs.

Our Level 2 fair value measurement for our fixed-maturity securities available for sale as of December 31, 2017 was provided by a third-party provider. We relied on one price for the instruments to determine the carrying amount of the asset on our balance sheet. A blended comparable public company and discounted cash flow analysis was utilized to determine the fair value. The inputs utilized in the analysis included observable measures such as benchmark yields, benchmark securities, and reference data including public company operating results and market research publications. Other factors considered included the bond's yield, its terms and conditions, or any other feature which may influence its risk and thus marketability, as well as relative credit information and relevant sector news. We reviewed the pricing methodologies for our Level 2 securities by obtaining an understanding of the valuation models and assumptions used by the third-party as well as independently comparing the resulting prices to other publicly available measures of fair value.

Additional information regarding the fair value of our investment portfolio is included in Note D Investments.

Deferred compensation plan assets are comprised of various investment funds which are valued based upon their quoted market prices.

The carrying amounts of trade receivables and notes receivable approximate fair value due to their short-term nature. The fair value of our notes payable is included in Note F Notes Payable.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Investments

3 Months Ended

Mar. 31, 2018

Investments, Debt and Equity Securities [Abstract]

Investments

Available for Sale Securities

The carrying amounts and fair values of our available for sale securities at March 31, 2018 and December 31, 2017 are as follows:



	March 31, 2018
	Carrying Value		Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
	(In millions)
Fixed maturity securities available for sale:
Corporate debt securities	21.4		29.8		2.7		(11.1		)	21.4
Total	$	21.4	$	29.8	$	2.7	$	(11.1	)	$	21.4



	December 31, 2017
	Carrying Value		Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
	(In millions)
Fixed maturity securities available for sale:
Corporate debt securities	14.8		26.3		0.3		(11.8		)	14.8
Equity securities	17.7		17.7		0.3		(0.3		)	17.7
Total	$	32.5	$	44.0	$	0.6	$	(12.1	)	$	32.5

The cost basis of fixed maturity securities available for sale includes an adjustment for amortized premium or discount since the date of purchase.

As of March 31, 2018 the fixed maturity securities in our investment portfolio had a maturity of greater than one year but less than five years. Expected maturities may differ from contractual maturities because certain borrowers have the right to call or prepay obligations with or without call or prepayment penalties.

Net unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2018 and December 31, 2017 were as follows (in millions):



March 31, 2018	Less than 12 Months
	Fair		Unrealized
	Value		Losses
Corporate debt securities	$	15.3	$	(11.1	)
Total temporarily impaired securities	$	15.3	$	(11.1	)



December 31, 2017	Less than 12 Months
	Fair		Unrealized
	Value		Losses
Corporate debt securities	$	14.3	$	(11.8	)
Equity securities available for sale	6.8		(0.3		)
Total temporarily impaired securities	$	21.1	$	(12.1	)

The unrealized losses for the corporate debt securities were primarily caused by industry volatility and declines in values of comparable public companies. We consider the unrealized losses related to these securities to be temporary rather than permanent changes in credit quality. We expect to recover the entire amortized cost basis of our temporarily impaired fixed maturity securities as we do not intend to sell these securities and we do not believe that we will be required to sell the fixed maturity securities before recovery of the cost basis. For these reasons, we do not consider these securities other-than-temporarily impaired at March 31, 2018. It is reasonably possible that declines in fair value below cost not considered other-than-temporary in the current period could be considered to be other-than-temporary in a future period and earnings would be reduced to the extent of the impairment.

During the three months ended March 31, 2018, we sold equity securities for gross proceeds of $17.7 million, resulting in realized gains of less than $0.1 million. During the three months ended March 31, 2017, we sold equity securities for gross proceeds of $31.6 million, resulting in realized gains of $5.1 million.

During the three months ended March 31, 2018 and 2017, we incurred no other-than-temporary impairment charges relating to securities available for sale.

As of March 31, 2018, we held no investments for which an other-than-temporary impairment had been previously recognized. It is possible that future events may lead us to recognize potential future impairment losses related to our investment portfolio and that unanticipated future events may lead us to dispose of certain investment holdings and recognize the effects of any market movements in our combined financial statements.

Investments in Unconsolidated Affiliates

Investments in unconsolidated affiliates recorded using the equity method of accounting as of March 31, 2018 and December 31, 2017 consisted of the following (in millions):



	Ownership at March 31, 2018		March 31, 2018		December 31, 2017
Ceridian	33	%	$	314.4	$	324.9
Ceridian II	32	%	60.2		58.4
Total investment in Ceridian			374.6		383.3
Other	various		40.8		41.6
Total			$	415.4	$	424.9

On March 30, 2016, Ceridian Holding II LLC ("Ceridian II"), an affiliate of Ceridian, completed an offering of common stock (the “Offering”) for aggregate proceeds of $150.2 million. The proceeds of the Offering were used by Ceridian II to purchase shares of senior convertible preferred stock of Ceridian HCM, a wholly-owned subsidiary of Ceridian. As part of the Offering, FNF purchased a number of shares of common stock of Ceridian II equal to its pro-rata ownership in Ceridian.

As a result of an internal restructuring occurring upon the closing of the Ceridian IPO, Ceridian and Ceridian II were merged with and into Ceridian HCM and all ownership interests in Ceridian and Ceridian II were exchanged for common stock of Ceridian HCM. Our ownership of Ceridian HCM subsequent to the Ceridian IPO and concurrent private placement investment is 27.2%.

Summarized financial information for Ceridian for the relevant dates and time periods included in Investments in unconsolidated affiliates and Equity in losses of unconsolidated affiliates in our Condensed Consolidated and Combined Balance Sheets and Statements of Operations, respectively, is presented below.



	March 31, 2018		December 31, 2017
	(In millions)
Total current assets before customer funds	$	295.4	$	323.4
Customer funds	4,293.9		4,099.7
Goodwill and other intangible assets, net	2,282.4		2,299.7
Other assets	109.0		107.8
Total assets	$	6,980.7	$	6,830.6
Current liabilities before customer obligations	$	141.3	$	167.0
Customer obligations	4,313.2		4,105.5
Long-term obligations, less current portion	1,120.5		1,119.8
Other long-term liabilities	201.1		208.6
Total liabilities	5,776.1		5,600.9
Equity	1,204.6		1,229.7
Total liabilities and equity	$	6,980.7	$	6,830.6



	Three months ended March 31, 2018			Three months ended March 31, 2017
	(In millions)
Total revenues	$	208.9		$	187.0
Earnings (loss) before income taxes	4.5			(9.2		)
Net loss	(1.8		)	(11.2		)

Short-term Investments

Short-term investments consist primarily of commercial paper and short-duration U.S. agency securities which have an original maturity of greater than 90 days but less than one year. Short-term investments are carried at amortized cost, which approximates fair value.

Inventory

3 Months Ended

Mar. 31, 2018

Inventory Disclosure [Abstract]

Inventory

Inventory consists of the following:



	March 31, 2018			December 31, 2017
	(In millions)
Bakery inventory:
Raw materials	$	12.4		$	9.1
Semi-finished and finished goods	13.7			7.5
Packaging	2.9			2.8
Obsolescence reserve	(0.7		)	(0.6		)
Total bakery inventory	28.3			18.8
Other restaurant-related inventory	10.1			10.9
Other	0.2			—
Total inventory	$	38.6		$	29.7

Notes Payable

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Notes Payable

Notes payable consists of the following:



	March 31, 2018		December 31, 2017
	(In millions)
ABRH Term Loan, interest payable monthly at LIBOR + 3.0%, due August 2019	$	—	$	84.2
ABRH Revolving Credit Facility due August 2019 with interest payable monthly or quarterly at various rates	—		38.0
Brasada Cascades Credit Agreement, due January 2026 with interest payable monthly at varying rates	12.0		12.1
Corporate Revolver Note with FNF, Inc., unused portion of $100.0 million at March 31, 2018	—		—
Other	0.5		0.6
Notes payable, total	$	12.5	$	134.9
Less: Notes payable, current	1.4		122.2
Notes payable, long term	$	11.1	$	12.7

At March 31, 2018 the carrying value of our outstanding notes payable approximated fair value. The carrying value of the variable rate notes pursuant to the Brasada Cascades Credit Agreement approximate fair value as they are variable rate instruments with short reset periods (either monthly or quarterly) which reflect current market rates. The revolving credit facilities are considered Level 2 financial liabilities. The fixed-rate note pursuant to the Cascades Credit Agreement approximates fair value as of March 31, 2018.

On January 29, 2016, FNF NV Brasada, LLC, an Oregon limited liability company and majority-owned subsidiary of Cannae, entered into a credit agreement with an aggregate borrowing capacity of $17.0 million (the “Cascades Credit Agreement”) with Bank of the Cascades, an Oregon state-chartered commercial bank (“Bank of the Cascades”), as lender. The material terms of the Cascades Credit Agreement are set forth in our Annual Report on Form 10-K for the year ended December 31, 2017. As of March 31, 2018, the variable rate notes incurred interest at 4.07%, and there is $0.8 million available to be drawn on the Line of Credit Loan.

On August 19, 2014, ABRH entered into a credit agreement (the “ABRH Credit Facility”) with Wells Fargo Bank, National Association as administrative agent, Swingline Lender and Issuing Lender (the “ABRH Administrative Agent”), Bank of America, N.A. as syndication agent and the other financial institutions party thereto. The ABRH Credit Facility was amended on February 24, 2017. The material terms of the ABRH Credit Facility are set forth in our Annual Report on Form 10-K for the year ended December 31, 2017. In March 2018, the ABRH Credit Facility was assigned to Cannae and the outstanding balance was paid off in its entirety. Subsequent to the assignment, Cannae and ABRH entered into an amendment to the Credit Facility to increase the interest rate to 10%, suspend the financial covenants until March 31, 2019 and require ABRH to pay to Cannae an amendment fee equal to 2% of the outstanding loan balance.

On June 30, 2014, FNF issued to FNFV, LLC a revolver note in an aggregate principal amount of up to $100.0 million (the “Revolver Note”), pursuant to FNF's revolving credit facility. On November 17, 2017, FNF issued to Cannae a revolver note in aggregate principal amount of up to $100.0 million (the "FNF Revolver") which replaced the Revolver Note. The material terms of the FNF Revolver are set forth in our Annual Report on Form 10-K for the year ended December 31, 2017. As of March 31, 2018, we have not made any borrowings under the FNF Revolver.



Gross principal maturities of notes payable at March 31, 2018 are as follows (in millions):
2018 (remaining)	$	1.1
2019	0.5
2020	0.4
2021	0.4
2022	0.4
Thereafter	9.8
	$	12.6

Commitments and Contingencies

3 Months Ended

Mar. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Legal Contingencies

In the ordinary course of business, we are involved in various pending and threatened litigation and regulatory matters related to our operations, some of which include claims for punitive or exemplary damages. Our ordinary course litigation includes purported class action lawsuits, which make allegations related to various aspects of our business. From time to time, we also receive requests for information from various state and federal regulatory authorities, some of which take the form of civil investigative demands or subpoenas. Some of these regulatory inquiries may result in the assessment of fines for violations of regulations or settlements with such authorities requiring a variety of remedies. We believe that no actions, other than those discussed below, depart from customary litigation or regulatory inquiries incidental to our business.

Our Restaurant Group companies are a defendant from time to time in various legal proceedings arising in the ordinary course of business, including claims relating to injury or wrongful death under “dram shop” laws that allow a person to sue us based on any injury caused by an intoxicated person who was wrongfully served alcoholic beverages at one of the restaurants; individual and purported class or collective action claims alleging violation of federal and state employment, franchise and other laws; and claims from guests or employees alleging illness, injury or other food quality, health or operational concerns. Our Restaurant Group companies are also subject to compliance with extensive government laws and regulations related to employment practices and policies and the manufacture, preparation, and sale of food and alcohol. We may also become subject to lawsuits and other proceedings, as well as card network fines and penalties, arising out of the actual or alleged theft of our customers' credit or debit card information.

We review lawsuits and other legal and regulatory matters (collectively “legal proceedings”) on an ongoing basis when making accrual and disclosure decisions. When assessing reasonably possible and probable outcomes, management bases its decision on its assessment of the ultimate outcome assuming all appeals have been exhausted. For legal proceedings in which it has been determined that a loss is both probable and reasonably estimable, a liability based on known facts and which represents our best estimate is recorded. As of March 31, 2018 and December 31, 2017, we had $0.4 million and $0.2 million, respectively, accrued for legal proceedings. Actual losses may materially differ from the amounts recorded and the ultimate outcome of our pending legal proceedings is generally not yet determinable. While some of these matters could be material to our operating results or cash flows for any particular period if an unfavorable outcome results, at present we do not believe that the ultimate resolution of currently pending legal proceedings, either individually or in the aggregate, will have a material adverse effect on our financial condition, results of operations or cash flows.

O’Charley’s is the defendant in a lawsuit, Otis v. O’Charley’s, LLC, filed on July 13, 2016, in U.S. District Court, Central District of Illinois. The lawsuit purports to bring a national class action on behalf of all O’Charley’s servers and bartenders under the Fair Labor Standards Act and similar state laws. The complaint alleges that O'Charley's failed to pay plaintiffs the applicable minimum wage and overtime by requiring tipped employees to: (a) spend more than twenty percent of their time performing non-tipped duties, including dishwashing, food preparation, cleaning, maintenance, and other "back of the house" duties; and (b) perform “off the clock” work. Plaintiffs seek damages and declaratory relief. The named plaintiffs and members of the putative class are parties to employment agreements with O’Charley’s that provide, inter alia, for individual arbitration of potential claims and disputes. On October 25, 2016, the District Court entered an Order staying all proceedings in the Otis case pending the United States Supreme Court’s resolution of certain petitions for certiorari filed in several Circuit Courts of Appeals cases that address the issue of whether agreements between employers and employees to arbitrate disputes on an individual basis are enforceable under the Federal Arbitration Act. The Order provides that, if certiorari is granted in any of the Circuit Courts of Appeals cases, the stay of the Otis case will continue until the Supreme Court reaches a final decision on the merits in the cases. On January 13, 2017, the Supreme Court granted certiorari in three of the Circuit Courts of Appeals cases that address the enforceability of arbitration agreements. Accordingly, the proceedings in the Otis case are stayed until the Supreme Court reaches a final decision on the merits in the three cases.

Operating Leases

Future minimum operating lease payments as of March 31, 2018 are as follows (in millions):



2018 (remaining)	$	46.4
2019	58.2
2020	51.8
2021	44.8
2022	34.0
Thereafter	135.8
Total future minimum operating lease payments	$	371.0

Unconditional Purchase Obligations

The Restaurant Group has unconditional purchase obligations with various vendors. These purchase obligations are primarily food and beverage obligations with fixed commitments in regards to the time period of the contract and the quantities purchased with annual price adjustments that can fluctuate. We used both historical and projected volume and pricing as of March 31, 2018 to determine the amount of the obligations.

Purchase obligations as of March 31, 2018 are as follows (in millions):



2018 (remaining)	$	167.9
2019	28.7
2020	17.0
2021	4.3
2022	3.3
Thereafter	3.6
Total purchase commitments	$	224.8

Segment Information

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Segment Information

Summarized financial information concerning our reportable segments is shown in the following tables.

As of and for the three months ended March 31, 2018:



	Restaurant Group			T-System			Ceridian			Corporate and Other			Ceridian Elimination			Total

Restaurant revenues	$	273.8		$	—		$	—		$	—		$	—		$	273.8
Other operating revenues	—			16.9			208.9			3.2			(208.9		)	20.1
Revenues from external customers	273.8			16.9			208.9			3.2			(208.9		)	293.9
Interest and investment income, including realized gains and losses	—			—			—			1.3			—			1.3
Total revenues	273.8			16.9			208.9			4.5			(208.9		)	295.2
Depreciation and amortization	10.7			4.2			14.9			—			(14.9		)	14.9
Interest expense	(3.7		)	—			(21.9		)	0.7			21.9			(3.0		)
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	(9.3		)	0.1			4.5			0.4			(4.5		)	(8.8		)
Income tax (benefit) expense	—			(0.3		)	6.8			(3.7		)	(6.8		)	(4.0		)
(Loss) earnings from continuing operations, before equity in earnings (losses) of unconsolidated affiliates	(9.3		)	0.4			(2.3		)	4.1			2.3			(4.8		)
Equity in earnings (losses) of unconsolidated affiliates	0.1			—			—			0.7			(1.9		)	(1.1		)
(Loss) earnings from continuing operations	$	(9.2	)	$	0.4		$	(2.3	)	$	4.8		$	0.4		$	(5.9	)
Assets	$	480.2		$	220.7		$	6,980.7		$	639.7		$	(6,980.7	)	$	1,340.6
Goodwill	103.1			98.9			2,075.8			—			(2,075.8		)	202.0

As of and for the three months ended March 31, 2017:



	Restaurant Group			Ceridian			Corporate and Other			Ceridian Elimination			Total

Restaurant revenues	$	272.7		$	—		$	—		$	—		$	272.7
Other operating revenues	—			187.0			2.6			(187.0		)	2.6
Revenues from external customers	272.7			187.0			2.6			(187.0		)	275.3
Interest and investment income, including realized gains and losses	—			—			6.1			—			6.1
Total revenues	272.7			187.0			8.7			(187.0		)	281.4
Depreciation and amortization	10.8			14.1			0.6			(14.1		)	11.4
Interest expense	(1.9		)	(21.4		)	(0.2		)	21.4			(2.1		)
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	(4.5		)	(9.2		)	2.3			9.2			(2.2		)
Income tax expense (benefit)	—			2.5			(1.8		)	(2.5		)	(1.8		)
(Loss) earnings from continuing operations, before equity in earnings (losses) of unconsolidated affiliates	(4.5		)	(11.7		)	4.1			11.7			(0.4		)
Equity in earnings (losses) of unconsolidated affiliates	—			—			0.1			(3.5		)	(3.4		)
(Loss) earnings from continuing operations	$	(4.5	)	$	(11.7	)	$	4.2		$	8.2		$	(3.8	)
Assets	$	500.4		$	7,297.4		$	999.4		$	(7,297.4	)	$	1,499.8
Goodwill	103.1			2,061.9			—			(2,061.9		)	103.1

The activities in our segments include the following:


•	Restaurant Group. This segment consists of the operations of ABRH, in which we have a 55% ownership interest. ABRH and its affiliates are the owners and operators of the O'Charley's, Ninety Nine Restaurants, Village Inn and Bakers Square restaurant and food service concepts, as well as its Legendary Baking bakery operation.

•

Ceridian. This segment consists of our 33% ownership interest in Ceridian. Ceridian, through its operating subsidiary Ceridian HCM, offers a broad range of services and software designed to help employers more effectively manage employment processes, such as payroll, payroll related tax filing, human resource information systems, employee self-service, time and labor management, employee assistance and work-life programs, and recruitment and applicant screening. Ceridian HCM's cloud offering, Dayforce, is a cloud solution that meets HCM needs with one employee record and one user experience throughout the application. Dayforce enables organizations to process pay, maintain human resources records, manage benefits enrollment, schedule staff, and find and hire personnel, while monitoring compliance throughout the employee life cycle. We account for our investment in Ceridian under the equity method of accounting and therefore its results of operations do not consolidate into ours. Accordingly, we have presented the elimination of Ceridian's results in the Ceridian Elimination section of the segment presentation above.

•

T-System. This segment consists of the operations of our wholly-owned subsidiary, T-System, acquired on October 16, 2017. T-System is a provider of clinical documentation and coding solutions to hospital-based and free-standing emergency departments and urgent care facilities. T-System organizes itself into two businesses. The Clinical Documentation business offers software solutions providing clinical staff with full workflow operations that drive documentation completeness and revenue optimization to more than 435 customers. Additionally, the patented T-Sheet is the industry standard for emergency department documentation, with more than 800 customers. The Coding Software & Outsourced Solutions business provides a full-service outsourced coding solution as well as a cloud-based software-as-a-service solution for self-service coding. These offerings help more than 75customers at over 300 sites optimize their revenue cycle workflow and customer revenue reimbursement through improved coding accuracy and compliance and coder productivity compared to in-house coding.


•	Corporate and Other. This segment consists of our share in the operations of certain controlled portfolio companies and other equity investments as well as certain intercompany eliminations and taxes. Total assets for this segment as of March 31, 2017 also include the assets of One Digital. See Note J. Discontinued Operations for further details.

Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2018

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information

The following supplemental cash flow information is provided with respect to interest and tax payments, as well as certain non-cash investing and financing activities.



	Three months ended March 31,
	2018		2017
	(In millions)
Cash paid during the period:
Interest	$	1.3	$	2.6
Income taxes	—		—
Non-cash investing activities:
Unsettled purchases of investment securities accrued at period end	$	3.5	$	—
Non-cash financing activities:
Liabilities and noncontrolling interests assumed in connection with acquisitions:
Fair value of net assets acquired	$	—	$	25.9
Less: Total cash purchase price	—		21.0
Liabilities and noncontrolling interests assumed	$	—	$	4.9

Discontinued Operations

3 Months Ended

Mar. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

OneDigital

On June 6, 2017, we completed the sale of OneDigital. As a result of the sale of OneDigital we have reclassified the financial results of OneDigital to discontinued operations for the three months ended March 31, 2017 in our Condensed Consolidated and Combined Statement of Operations. We retained no ownership in OneDigital and have no continuing involvement with OneDigital as of the date of the sale.

A reconciliation of the operations of OneDigital to the Condensed Consolidated and Combined Statement of Operations is shown below:



	Three months ended March 31,

	2017
	(Unaudited)
Revenues:
Other operating revenue	$	46.7
Total operating revenues	46.7
Operating expenses:
Personnel costs	28.7
Depreciation and amortization	5.1
Other operating expenses	6.5
Total operating expenses	40.3
Operating income	6.4
Other income (expense):
Interest expense	(1.6		)
Total other income (expense)	(1.6		)
Earnings from discontinued operations before income taxes	4.8
Income tax expense	2.5
Earnings from discontinued operations	2.3

Cash flow from discontinued operations data:
Net cash provided by operations	$	8.1
Net cash used in investing activities	(26.4		)

Other acquisitions/disposals of businesses, net of cash acquired, on the Condensed Consolidated and Combined Statement of Cash Flows for the three months ended March 31, 2017 includes $21.0 million related to acquisitions made by OneDigital. Borrowings on the Condensed Consolidated and Combined Statement of Cash Flows for the three months ended March 31, 2017 include $23.0 million related to borrowings by OneDigital. Debt service payments on the Condensed Consolidated and Combined Statement of Cash Flows for the three months ended March 31, 2017 include $3.0 million related to principal repayments by OneDigital.

Revenue Recognition

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer

Revenue Recognition

On January 1, 2018, we adopted ASC Topic 606 by applying the modified retrospective method. Results for reporting periods beginning after January 1, 2018 are presented under ASC Topic 606, while prior period amounts are not adjusted and continue to be reported under the accounting standards in effect for the prior period. The adoption of ASC Topic 606 did not have a significant impact on the timing or amount of recognition of revenue for our primary sources of revenue. We recorded a cumulative effect adjustment to opening equity as of January 1, 2018 of $4.3 million as a result of the adoption of ASC Topic 606.

Disaggregation of Revenue

Our revenue consists of:



		Three months ended March 31,
		2018		2017
Revenue Stream	Segment	Total Revenue
Restaurant revenue:		(in millions)
Restaurant sales	Restaurant Group	$	259.2	$	259.4
Bakery sales	Restaurant Group	13.2		11.9
Franchise and other	Restaurant Group	1.4		1.4
Total restaurant revenue		273.8		272.7
Other operating revenue:
T-System, point-in-time	T-System	8.2		—
T-System, over time	T-System	8.7		—
Real estate and resort	Corporate and other	2.9		2.3
Other	Corporate and other	0.3		0.3
Total other operating revenue		20.1		2.6
Total revenues		293.9		275.3

Restaurant revenue consists of restaurant sales, bakery operations, and, to a lesser extent, franchise revenue and other revenue. Restaurant sales include food and beverage sales and gift card breakage, and are net of applicable state and local sales taxes and discounts and are recognized at a point in time as services are performed and goods are provided. Revenue from bakery operations is recognized at a point in time in the period during which the products are shipped to the customer. Franchise revenue and other revenue consist of development fees and royalties on sales by franchised units. Initial franchise fees are recognized as income upon commencement of the franchise operation and completion of all material services and conditions by the Company. Royalties are calculated as a percentage of the franchisee sales and recognized in the period in which the sales are generated. Revenue resulting from the sale of gift cards is recognized in the period in which the gift card is redeemed and is recorded as deferred revenue until recognized.

T-System recognizes revenue when a customer obtains control of the promised goods or services. The amount of revenue recognized is determined by the consideration that T-System expects to be entitled to in exchange for the goods and services.

T-System offers a software as a service solution with full-service coding ("RevCycle+") available, through contracts with customers to either provide access to its proprietary coding software platform or provide medical chart coding services. Billing for both services occurs monthly as services are provided. Billing for medical chart coding services is based on a fixed monthly fee. Revenue for RevCycle+ is recognized ratably over the term of the contract as services are consumed by the customer. Revenue for implementation and upfront training services provided to the customer, if any, are billed separately and recognized at a point in time upon completion of such services as T-System's performance obligation is considered complete.

T-System sells an electronic version of the medical documentation system (“EV”), provided in the form of a non-exclusive license to use the software at the sites under the agreement. The Company sells software licenses through recurring fixed-term or subscription fee arrangements and one-time perpetual license arrangements. Software contracts include performance obligations that are both satisfied at a point in time and over a period of time as goods and services are transferred. T-System also sells legacy medical documentation templates ("T-Sheets") to emergency care providers to be used for documentation of patient care. T-Sheets includes various optional recurring fixed-term or subscription licenses which are recognized over a period of time after access to the template has been delivered to the customer.

Other operating revenue consists of income generated by our resort operations which includes sales of real estate, lodging rentals, food and beverage sales, and other income from various resort services offered. Revenue is recognized upon closing of the sale of real estate or once goods and services have been provided and billed to the customer.

Contract Balances

The following table provides information about receivables and deferred revenue:



	March 31,		December 31,
	2018		2017
	(In millions)
Trade receivables	$	30.2	$	35.8
Deferred revenue (contract liabilities)	25.3		35.2

Deferred revenue is recorded primarily for our T-System revenue and restaurant gift card sales. The unrecognized portion of such revenue is recorded as deferred revenue in accounts payable and other accrued liabilities in the Condensed Consolidated and Combined Balance Sheets. Revenue of $16.2 million was recognized in the three months ended March 31, 2018 that was included in Deferred revenue at the beginning of the period.

Transaction Price Allocated to the Remaining Performance Obligations

As of March 31, 2018, approximately $34.5 million of revenue is estimated to be recognized in the future from the Company’s remaining unfulfilled performance obligations, which are primarily comprised of recurring, long-term contracts of 1-5 years associated with T-System's RevCycle+ and EV contracts. This excludes the amount of anticipated recurring renewals not yet contractually obligated. The Company expects to recognize approximately 51% of our remaining performance obligations over the next 12 months, approximately another 25% over the next 13 to 24 months, and the balance thereafter.

Basis of Financial Statements (Policies)	3 Months Ended
Basis of Financial Statements (Policies)	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation and Combination and Basis of Presentation	Principles of Consolidation and Combination and Basis of Presentation The accompanying Condensed Consolidated and Combined Financial Statements are prepared in accordance with generally accepted accounting principles in the United States ("GAAP") and Article 10 of Regulation S-X and include the historical accounts as well as wholly-owned and majority-owned subsidiaries of the Company. All adjustments made were of a normal, recurring nature. This report should be read in conjunction with our Annual Report on Form 10-K (our "Annual Report") for the year ended December 31, 2017. Prior to the Split-Off, these financial statements represent a combination of the historical financial information of the operations attributed to FNFV, of which Cannae is comprised. The Company is allocated certain corporate overhead and management services expenses from FNF based on the terms of the CSA and our proportionate share of the expense determined on actual usage and our best estimate of management's allocation of time. Both FNF and Cannae believe such allocations are reasonable; however, they may not be indicative of the actual results of operations or cash flows of the Company had the Company been operating as an independent, publicly traded company for the periods presented or the amounts that will be incurred by the Company in the future. All intercompany profits, transactions and balances have been eliminated. Our investments in non-majority-owned partnerships and affiliates are accounted for using the equity method until such time that they may become wholly or majority-owned. Earnings attributable to noncontrolling interests are recorded on the Condensed Consolidated and Combined Statements of Operations relating to majority-owned subsidiaries with the appropriate noncontrolling interest that represents the portion of equity not related to our ownership interest recorded on the Condensed Consolidated and Combined Balance Sheets in each period.
Earnings Per Share	Earnings Per Share Basic earnings per share, as presented on the Condensed Consolidated and Combined Statement of Operations, is computed by dividing net earnings available to common shareholders by the weighted average number of common shares outstanding during the period.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU provides a new comprehensive revenue recognition model that requires companies to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. This update also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. This update permits the use of either the retrospective or cumulative effect transition method. ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations was issued by FASB in March 2016 to clarify the principal versus agent considerations within ASU 2014-09. ASU 2016-10 Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing was issued by the FASB in April 2016 to clarify how to determine whether goods and services are separately identifiable and thus accounted for as separate performance obligations. ASU 2016-12 Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients was issued by the FASB in May 2016 to clarify certain terms from the aforementioned updates and to add practical expedients for contracts at various stages of completion. ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers, was issued by the FASB in December 2016 which includes thirteen technical corrections and improvements affecting narrow aspects of the guidance issued in ASU 2014-09. We adopted ASC Topic 606 on January 1, 2018 using a modified retrospective approach with a cumulative-effect adjustment to the opening balance of retained earnings. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported under the accounting standards in effect for the prior period. The adoption of ASC Topic 606 did not have a significant impact on the timing or amount of recognition of revenue for our primary sources of revenue. As a result of the adoption of ASC Topic 606, we recorded a cumulative-effect adjustment of $4.3 million to increase Retained earnings and decrease Deferred revenue as of January 1, 2018. See Note K. Revenue Recognition for further discussion of our revenue. In February 2016, the FASB issued ASU No. 2016-02 Leases (Topic 842). The amendments in this ASU introduce broad changes to the accounting and reporting for leases by lessees. The main provisions of the new standard include: clarifications to the definitions of a lease, components of leases, and criteria for determining lease classification; requiring virtually all leased assets, including operating leases and related liabilities, to be reflected on the lessee's balance sheet; and expanding and adding to the required disclosures for lessees. This update is effective for annual and interim periods beginning after December 15, 2018, including interim periods within those fiscal years. Early application of the standard is permitted. The ASU requires a modified retrospective approach to transitioning which allows for the use of practical expedients to effectively account for leases commenced prior to the effective date in accordance with previous GAAP, except that lessees are required to recognize a right-of-use asset and a lease liability for all operating leases at each reporting date based on the present value of the remaining minimum rental payments that were tracked and disclosed under previous GAAP. We are still evaluating the totality of the effects this new guidance will have on our business process and systems, financial statements and related disclosures. We have identified a vendor with software suited to track and account for leases under the new standard. We plan to adopt this standard on January 1, 2019. In June 2016, the FASB issued ASU No. 2016-13 Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments. The amendments in this ASU introduce broad changes to accounting for credit impairment of financial instruments. The primary updates include the introduction of a new current expected credit loss ("CECL") model that is based on expected rather than incurred losses and amendments to the accounting for impairment of debt securities available for sale. This update is effective for annual periods beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted for annual periods beginning after December 15, 2018, including interim periods within those fiscal years. We are currently evaluating the effect this new guidance will have on our financial statements and related disclosures and have not yet concluded on its effects. We do not plan to early adopt the standard. In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The guidance simplifies the measurement of goodwill impairment by removing step 2 of the goodwill impairment test, which requires the determination of the fair value of individual assets and liabilities of a reporting unit. The new guidance requires goodwill impairment to be measured as the amount by which a reporting unit’s carrying value exceeds its fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The amendments should be applied on a prospective basis. The new standard is effective for fiscal years beginning after December 15, 2019 with early adoption permitted for interim or annual goodwill impairment tests performed after January 1, 2017. We have completed our evaluation of the effect this new guidance will have on our financial statements and related disclosures and have concluded that the effect will not be material. We do not expect to early adopt this standard. In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. The guidance allows for a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Reform Act. The new standard is effective for fiscal years beginning after December 15, 2018 and interim periods in those fiscal years with early adoption permitted. We are currently evaluating the effect this new guidance will have on our financial statements and related disclosures and have not yet concluded on its effects. Revision of Prior Period Financial Statements In connection with the preparation of our Consolidated and Combined Financial Statements for the year ended December 31, 2017, we identified and corrected prior period errors pertaining to the accounting for our investment in Ceridian. Specifically, the adjustments related to: (1) our accounting for the equity pick-up related to stock-based compensation at Ceridian and (2) the timing of accounting adjustments made by Ceridian and by us. Adjustments in (1) above related to our accounting for the equity pick-up related to stock-based compensation at Ceridian had no impact to equity due to offsetting adjustments to Parent investment in FNFV. These corrections resulted in the following changes for the three months ended March 31, 2017: i.a decrease in Equity in losses of unconsolidated affiliates of $0.6 million; and ii.a decrease in Income tax benefit of $0.8 million. The effect of all prior period corrections, as disclosed in our Annual Report, decreased Parent investment in FNFV by $3.9 million as of December 31, 2016. The aggregate of these corrections and the corrections impacting the quarter ended March 31, 2017, as described above, decreased Parent investment in FNFV by $2.6 million at March 31, 2017. No earnings per share data was affected as our shares began trading on November 20, 2017 and therefore was not previously presented. In accordance with accounting guidance found in Accounting Standards Codification ("ASC") Topic 250-10 (SEC Staff Accounting Bulletin No. 99, Materiality), we assessed the materiality of the errors from quantitative and qualitative perspectives and concluded that the errors were not material, individually or in the aggregate, to any of our previously issued financial statements. Since the revision was not material to any prior period, no amendments to previously issued financial statements are required. Consequently, we have adjusted for these errors by revising the financial statement line items discussed above, including the related impacts to the statements of comprehensive loss, equity and cash flows and disclosures in our historical financial statements presented herein.
Revenue Recognition	Restaurant revenue consists of restaurant sales, bakery operations, and, to a lesser extent, franchise revenue and other revenue. Restaurant sales include food and beverage sales and gift card breakage, and are net of applicable state and local sales taxes and discounts and are recognized at a point in time as services are performed and goods are provided. Revenue from bakery operations is recognized at a point in time in the period during which the products are shipped to the customer. Franchise revenue and other revenue consist of development fees and royalties on sales by franchised units. Initial franchise fees are recognized as income upon commencement of the franchise operation and completion of all material services and conditions by the Company. Royalties are calculated as a percentage of the franchisee sales and recognized in the period in which the sales are generated. Revenue resulting from the sale of gift cards is recognized in the period in which the gift card is redeemed and is recorded as deferred revenue until recognized. T-System recognizes revenue when a customer obtains control of the promised goods or services. The amount of revenue recognized is determined by the consideration that T-System expects to be entitled to in exchange for the goods and services. T-System offers a software as a service solution with full-service coding ("RevCycle+") available, through contracts with customers to either provide access to its proprietary coding software platform or provide medical chart coding services. Billing for both services occurs monthly as services are provided. Billing for medical chart coding services is based on a fixed monthly fee. Revenue for RevCycle+ is recognized ratably over the term of the contract as services are consumed by the customer. Revenue for implementation and upfront training services provided to the customer, if any, are billed separately and recognized at a point in time upon completion of such services as T-System's performance obligation is considered complete. T-System sells an electronic version of the medical documentation system (“EV”), provided in the form of a non-exclusive license to use the software at the sites under the agreement. The Company sells software licenses through recurring fixed-term or subscription fee arrangements and one-time perpetual license arrangements. Software contracts include performance obligations that are both satisfied at a point in time and over a period of time as goods and services are transferred. T-System also sells legacy medical documentation templates ("T-Sheets") to emergency care providers to be used for documentation of patient care. T-Sheets includes various optional recurring fixed-term or subscription licenses which are recognized over a period of time after access to the template has been delivered to the customer. Other operating revenue consists of income generated by our resort operations which includes sales of real estate, lodging rentals, food and beverage sales, and other income from various resort services offered. Revenue is recognized upon closing of the sale of real estate or once goods and services have been provided and billed to the customer. Deferred revenue is recorded primarily for our T-System revenue and restaurant gift card sales. The unrecognized portion of such revenue is recorded as deferred revenue in accounts payable and other accrued liabilities in the Condensed Consolidated and Combined Balance Sheets Deferred revenue is recorded primarily for our T-System revenue and restaurant gift card sales. The unrecognized portion of such revenue is recorded as deferred revenue in accounts payable and other accrued liabilities in the Condensed Consolidated and Combined Balance Sheets. Revenue of $16.2 million was recognized in the three months ended March 31, 2018 that was included in Deferred revenue at the beginning of the period.

Acquisitions (Tables)

3 Months Ended

Mar. 31, 2018

Business Combinations [Abstract]

Schedule of Total Consideration Paid

The total consideration paid was as follows (in millions):



Cash paid	$	202.2
Less: Cash acquired	1.3
Total cash consideration paid	$	200.9

Summary of Total Purchase Price Consideration and Fair Value Amounts Recognized



	Fair Value
Trade receivables	$	11.3
Prepaid and other assets	2.0
Property and equipment	1.2
Goodwill	98.9
Other intangible assets	112.4
Total assets acquired	225.8

Accounts payable and accrued liabilities	6.6
Deferred revenue	11.0
Deferred tax liabilities	7.3
Total liabilities assumed	24.9
Net assets acquired	$	200.9

Unaudited Pro-forma Combined Results of Operations



	Quarter Ended March 31, 2017
	(Unaudited)
Total revenues	$	290.3
Net earnings attributable to Cannae Holdings	0.9

Gross Carrying Values and Weighted Average Estimated Useful Lives of Property and Equipment



	Gross Carrying Value		Weighted Average Estimated Useful Life (in years)
Property and equipment	$	1.2	3 - 5
Other intangible assets:
Customer relationships	55.2		10
Computer software	45.1		9
Tradename	10.6		10
Noncompete agreement	1.5		5
Total other intangible assets	112.4
Total	$	113.6

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The following table presents a summary of the changes in the fair values of Level 3 assets, measured on a recurring basis, for the three months ended March 31, 2018.



	March 31, 2018
	Corporate debt
	securities

Fair value, December 31, 2017	$	—
Transfers from Level 2	21.4
Fair value, March 31, 2018	$	21.4

Summary of Changes in Fair Values of Level 3 Assets Measured on Recurring Basis

The following table presents our fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of March 31, 2018 and December 31, 2017, respectively:



	March 31, 2018
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Fixed-maturity securities available for sale:
Corporate debt securities	$	—	$	—	$	21.4	$	21.4
Deferred compensation	3.9		—		—		3.9
Total assets	$	3.9	$	—	$	21.4	$	25.3
Liabilities:
Deferred compensation	$	3.9	$	—	$	—	$	3.9
Total liabilities	$	3.9	$	—	$	—	$	3.9



	December 31, 2017
	Level 1		Level 2		Level 3		Total
	(In millions)
Assets:
Fixed-maturity securities available for sale:
Corporate debt securities	$	—	$	14.8	$	—	$	14.8
Equity securities available for sale	17.7		—		—		17.7
Deferred compensation	4.4		—		—		4.4
Total assets	$	22.1	$	14.8	$	—	$	36.9
Liabilities:
Deferred compensation	$	4.4	$	—	$	—	$	4.4
Total liabilities	$	4.4	$	—	$	—	$	4.4

Investments (Tables)

3 Months Ended

Mar. 31, 2018

Investments, Debt and Equity Securities [Abstract]

Schedule of Carrying Amounts and Fair Values of Available for Sale Securities

The carrying amounts and fair values of our available for sale securities at March 31, 2018 and December 31, 2017 are as follows:



	March 31, 2018
	Carrying Value		Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
	(In millions)
Fixed maturity securities available for sale:
Corporate debt securities	21.4		29.8		2.7		(11.1		)	21.4
Total	$	21.4	$	29.8	$	2.7	$	(11.1	)	$	21.4



	December 31, 2017
	Carrying Value		Cost Basis		Unrealized Gains		Unrealized Losses			Fair Value
	(In millions)
Fixed maturity securities available for sale:
Corporate debt securities	14.8		26.3		0.3		(11.8		)	14.8
Equity securities	17.7		17.7		0.3		(0.3		)	17.7
Total	$	32.5	$	44.0	$	0.6	$	(12.1	)	$	32.5

Schedule of Investment Securities in a Continuous Unrealized Loss Position



March 31, 2018	Less than 12 Months
	Fair		Unrealized
	Value		Losses
Corporate debt securities	$	15.3	$	(11.1	)
Total temporarily impaired securities	$	15.3	$	(11.1	)



December 31, 2017	Less than 12 Months
	Fair		Unrealized
	Value		Losses
Corporate debt securities	$	14.3	$	(11.8	)
Equity securities available for sale	6.8		(0.3		)
Total temporarily impaired securities	$	21.1	$	(12.1	)

Schedule of Investments in Unconsolidated Affiliates and Summarized Financial Information for Ceridian



	March 31, 2018		December 31, 2017
	(In millions)
Total current assets before customer funds	$	295.4	$	323.4
Customer funds	4,293.9		4,099.7
Goodwill and other intangible assets, net	2,282.4		2,299.7
Other assets	109.0		107.8
Total assets	$	6,980.7	$	6,830.6
Current liabilities before customer obligations	$	141.3	$	167.0
Customer obligations	4,313.2		4,105.5
Long-term obligations, less current portion	1,120.5		1,119.8
Other long-term liabilities	201.1		208.6
Total liabilities	5,776.1		5,600.9
Equity	1,204.6		1,229.7
Total liabilities and equity	$	6,980.7	$	6,830.6



	Three months ended March 31, 2018			Three months ended March 31, 2017
	(In millions)
Total revenues	$	208.9		$	187.0
Earnings (loss) before income taxes	4.5			(9.2		)
Net loss	(1.8		)	(11.2		)

Investments in unconsolidated affiliates recorded using the equity method of accounting as of March 31, 2018 and December 31, 2017 consisted of the following (in millions):



	Ownership at March 31, 2018		March 31, 2018		December 31, 2017
Ceridian	33	%	$	314.4	$	324.9
Ceridian II	32	%	60.2		58.4
Total investment in Ceridian			374.6		383.3
Other	various		40.8		41.6
Total			$	415.4	$	424.9

Inventory (Tables)

3 Months Ended

Mar. 31, 2018

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventory consists of the following:



	March 31, 2018			December 31, 2017
	(In millions)
Bakery inventory:
Raw materials	$	12.4		$	9.1
Semi-finished and finished goods	13.7			7.5
Packaging	2.9			2.8
Obsolescence reserve	(0.7		)	(0.6		)
Total bakery inventory	28.3			18.8
Other restaurant-related inventory	10.1			10.9
Other	0.2			—
Total inventory	$	38.6		$	29.7

Notes Payable (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Schedule of Notes Payable

Notes payable consists of the following:



	March 31, 2018		December 31, 2017
	(In millions)
ABRH Term Loan, interest payable monthly at LIBOR + 3.0%, due August 2019	$	—	$	84.2
ABRH Revolving Credit Facility due August 2019 with interest payable monthly or quarterly at various rates	—		38.0
Brasada Cascades Credit Agreement, due January 2026 with interest payable monthly at varying rates	12.0		12.1
Corporate Revolver Note with FNF, Inc., unused portion of $100.0 million at March 31, 2018	—		—
Other	0.5		0.6
Notes payable, total	$	12.5	$	134.9
Less: Notes payable, current	1.4		122.2
Notes payable, long term	$	11.1	$	12.7

Gross Principal Maturities of Notes Payable



Gross principal maturities of notes payable at March 31, 2018 are as follows (in millions):
2018 (remaining)	$	1.1
2019	0.5
2020	0.4
2021	0.4
2022	0.4
Thereafter	9.8
	$	12.6

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2018

Commitments and Contingencies Disclosure [Abstract]

Future Minimum Operating Lease Payments

Future minimum operating lease payments as of March 31, 2018 are as follows (in millions):



2018 (remaining)	$	46.4
2019	58.2
2020	51.8
2021	44.8
2022	34.0
Thereafter	135.8
Total future minimum operating lease payments	$	371.0

Purchase Obligations

Purchase obligations as of March 31, 2018 are as follows (in millions):



2018 (remaining)	$	167.9
2019	28.7
2020	17.0
2021	4.3
2022	3.3
Thereafter	3.6
Total purchase commitments	$	224.8

Segment Information (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Summary of Financial Information Concerning Reportable Segments

Summarized financial information concerning our reportable segments is shown in the following tables.

As of and for the three months ended March 31, 2018:



	Restaurant Group			T-System			Ceridian			Corporate and Other			Ceridian Elimination			Total

Restaurant revenues	$	273.8		$	—		$	—		$	—		$	—		$	273.8
Other operating revenues	—			16.9			208.9			3.2			(208.9		)	20.1
Revenues from external customers	273.8			16.9			208.9			3.2			(208.9		)	293.9
Interest and investment income, including realized gains and losses	—			—			—			1.3			—			1.3
Total revenues	273.8			16.9			208.9			4.5			(208.9		)	295.2
Depreciation and amortization	10.7			4.2			14.9			—			(14.9		)	14.9
Interest expense	(3.7		)	—			(21.9		)	0.7			21.9			(3.0		)
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	(9.3		)	0.1			4.5			0.4			(4.5		)	(8.8		)
Income tax (benefit) expense	—			(0.3		)	6.8			(3.7		)	(6.8		)	(4.0		)
(Loss) earnings from continuing operations, before equity in earnings (losses) of unconsolidated affiliates	(9.3		)	0.4			(2.3		)	4.1			2.3			(4.8		)
Equity in earnings (losses) of unconsolidated affiliates	0.1			—			—			0.7			(1.9		)	(1.1		)
(Loss) earnings from continuing operations	$	(9.2	)	$	0.4		$	(2.3	)	$	4.8		$	0.4		$	(5.9	)
Assets	$	480.2		$	220.7		$	6,980.7		$	639.7		$	(6,980.7	)	$	1,340.6
Goodwill	103.1			98.9			2,075.8			—			(2,075.8		)	202.0

As of and for the three months ended March 31, 2017:



	Restaurant Group			Ceridian			Corporate and Other			Ceridian Elimination			Total

Restaurant revenues	$	272.7		$	—		$	—		$	—		$	272.7
Other operating revenues	—			187.0			2.6			(187.0		)	2.6
Revenues from external customers	272.7			187.0			2.6			(187.0		)	275.3
Interest and investment income, including realized gains and losses	—			—			6.1			—			6.1
Total revenues	272.7			187.0			8.7			(187.0		)	281.4
Depreciation and amortization	10.8			14.1			0.6			(14.1		)	11.4
Interest expense	(1.9		)	(21.4		)	(0.2		)	21.4			(2.1		)
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	(4.5		)	(9.2		)	2.3			9.2			(2.2		)
Income tax expense (benefit)	—			2.5			(1.8		)	(2.5		)	(1.8		)
(Loss) earnings from continuing operations, before equity in earnings (losses) of unconsolidated affiliates	(4.5		)	(11.7		)	4.1			11.7			(0.4		)
Equity in earnings (losses) of unconsolidated affiliates	—			—			0.1			(3.5		)	(3.4		)
(Loss) earnings from continuing operations	$	(4.5	)	$	(11.7	)	$	4.2		$	8.2		$	(3.8	)
Assets	$	500.4		$	7,297.4		$	999.4		$	(7,297.4	)	$	1,499.8
Goodwill	103.1			2,061.9			—			(2,061.9		)	103.1

Supplemental Cash Flow Information (Tables)

3 Months Ended

Mar. 31, 2018

Supplemental Cash Flow Elements [Abstract]

Schedule of Supplemental Cash Flow information

The following supplemental cash flow information is provided with respect to interest and tax payments, as well as certain non-cash investing and financing activities.



	Three months ended March 31,
	2018		2017
	(In millions)
Cash paid during the period:
Interest	$	1.3	$	2.6
Income taxes	—		—
Non-cash investing activities:
Unsettled purchases of investment securities accrued at period end	$	3.5	$	—
Non-cash financing activities:
Liabilities and noncontrolling interests assumed in connection with acquisitions:
Fair value of net assets acquired	$	—	$	25.9
Less: Total cash purchase price	—		21.0
Liabilities and noncontrolling interests assumed	$	—	$	4.9

Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

Reconciliation of Operations

A reconciliation of the operations of OneDigital to the Condensed Consolidated and Combined Statement of Operations is shown below:



	Three months ended March 31,

	2017
	(Unaudited)
Revenues:
Other operating revenue	$	46.7
Total operating revenues	46.7
Operating expenses:
Personnel costs	28.7
Depreciation and amortization	5.1
Other operating expenses	6.5
Total operating expenses	40.3
Operating income	6.4
Other income (expense):
Interest expense	(1.6		)
Total other income (expense)	(1.6		)
Earnings from discontinued operations before income taxes	4.8
Income tax expense	2.5
Earnings from discontinued operations	2.3

Cash flow from discontinued operations data:
Net cash provided by operations	$	8.1
Net cash used in investing activities	(26.4		)

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760

+ Details

Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Our revenue consists of:



		Three months ended March 31,
		2018		2017
Revenue Stream	Segment	Total Revenue
Restaurant revenue:		(in millions)
Restaurant sales	Restaurant Group	$	259.2	$	259.4
Bakery sales	Restaurant Group	13.2		11.9
Franchise and other	Restaurant Group	1.4		1.4
Total restaurant revenue		273.8		272.7
Other operating revenue:
T-System, point-in-time	T-System	8.2		—
T-System, over time	T-System	8.7		—
Real estate and resort	Corporate and other	2.9		2.3
Other	Corporate and other	0.3		0.3
Total other operating revenue		20.1		2.6
Total revenues		293.9		275.3

Contract Balances, Information About Receivables and Deferred Revenue

The following table provides information about receivables and deferred revenue:



	March 31,		December 31,
	2018		2017
	(In millions)
Trade receivables	$	30.2	$	35.8
Deferred revenue (contract liabilities)	25.3		35.2

Basis of Financial Statements - Description of the Business (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net asset value	$ 1,148.6	$ 1,153.1	$ 1,009.7	$ 1,009.8

Basis of Financial Statements - Split-off of Cannae From FNF (Details)	1 Months Ended	3 Months Ended
	Dec. 31, 2016 $ / shares	Mar. 31, 2018
Business Acquisition [Line Items]
Par value per share (in dollars per share)	$ 0.0001
Corporate Services Agreement \| FNF \| Parent
Business Acquisition [Line Items]
Period for FNF to provide services at no-cost (up to)		3 years
FNFV
Business Acquisition [Line Items]
Par value per share (in dollars per share)	$ 0.0001
Number of shares of newly formed entity Received for each outstanding share redeemed	1

Basis of Financial Statements - Recent Developments (Details) - USD ($) $ / shares in Units, $ in Millions	May 01, 2018	Apr. 26, 2018	Mar. 12, 2018	May 07, 2018
American Blue Ribbon Holdings
Subsidiary, Sale of Stock [Line Items]
Percentage of ownership sold			95.00%
Redemption of ownership interest, percentage			100.00%
Cannae \| Restaurant Group \| O'Charley's And 99 Restaurants
Subsidiary, Sale of Stock [Line Items]
Percentage of ownership interest transferred			94.00%
Cannae \| Restaurant Group \| Family Dining Group and Legendary Baking
Subsidiary, Sale of Stock [Line Items]
Percentage of ownership interest transferred			5.00%
Subsequent Event
Subsidiary, Sale of Stock [Line Items]
Success Bonus approved (up to)				$ 67.1
Subsequent Event \| Ceridian HCM Holding, Inc.
Subsidiary, Sale of Stock [Line Items]
Price per share (in usd per share)		$ 22.00
Payment received for termination fee	$ 5.6
Shares owned after transaction		37,135,921
Percentage of ownership interest transferred		27.20%
Subsequent Event \| Ceridian HCM Holding, Inc. \| Initial Public Offering
Subsidiary, Sale of Stock [Line Items]
Number of shares issued (in shares)		21,000,000
Offering option, exercisable, period		30 days
Subsequent Event \| Ceridian HCM Holding, Inc. \| Over-Allotment Option
Subsidiary, Sale of Stock [Line Items]
Number of shares issued (in shares)		3,150,000
Subsequent Event \| Ceridian HCM Holding, Inc. \| Private Placement
Subsidiary, Sale of Stock [Line Items]
Number of shares issued (in shares)		1,521,030
Concurrent private placement investment		$ 33.4

Basis of Financial Statements - Earnings Per Share (Details) - shares		3 Months Ended
	Nov. 17, 2017	Mar. 31, 2018
Class of Stock [Line Items]
Antidilutive shares excluded from calculation of diluted earnings per share		0
FNFV \| Cannae Holdings Common Stock
Class of Stock [Line Items]
Shares of new entity distributed to shareholders	70,600,000

Basis of Financial Statements - Income Tax (Details)	3 Months Ended
Basis of Financial Statements - Income Tax (Details)	Mar. 31, 2018	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Effective tax rate	45.50%	81.80%

Basis of Financial Statements - Recent Accounting Pronouncements (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect adjustment to retained earnings	$ 2.8	$ 0.2
Accounting Standards Update 2014-09 \| Difference between Revenue Guidance in Effect before and after Topic 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adjustment for cumulative effect of adoption of ASC Topic 606		4.3
Cumulative effect adjustment to deferred revenue		$ 5.2

Basis of Financial Statements - Revision of Prior Period Financial Statements (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2016
Schedule of Equity Method Investments [Line Items]
Equity in earnings (losses) of unconsolidated affiliates	$ (1.1)	$ (3.4)
Income tax benefit	$ (4.0)	(1.8)
Decrease In Equity Losses Of Unconsolidated Affiliates \| Restatement Adjustment \| Parent Investment in FNFV
Schedule of Equity Method Investments [Line Items]
Equity in earnings (losses) of unconsolidated affiliates		0.6
Decrease In Income Tax Benefit \| Restatement Adjustment \| Parent Investment in FNFV
Schedule of Equity Method Investments [Line Items]
Income tax benefit		0.8
Decrease In Parent Investment In FNFV \| Restatement Adjustment \| Parent Investment in FNFV
Schedule of Equity Method Investments [Line Items]
Decreased Parent Investment in FNFV		$ 2.6	$ 3.9

Acquisitions - Narrative (Details) - USD ($) $ in Millions		3 Months Ended
Acquisitions - Narrative (Details) - USD ($) $ in Millions	Oct. 16, 2017	Mar. 31, 2018	Mar. 31, 2017
Business Acquisition [Line Items]
Less: Total cash purchase price		$ 0.0	$ 21.0
T-System
Business Acquisition [Line Items]
Merger consideration	$ 202.2
T-System \| FNFV
Business Acquisition [Line Items]
Less: Total cash purchase price	$ 200.9
Percentage ownership acquired	100.00%
Goodwill, expected to be deductible for tax purposes	$ 32.8

Acquisitions - Schedule of Total Consideration Paid (Details) - USD ($) $ in Millions		3 Months Ended
	Oct. 16, 2017	Mar. 31, 2018	Mar. 31, 2017
Business Acquisition [Line Items]
Total cash consideration paid		$ 0.0	$ 21.0
T-System \| FNFV
Business Acquisition [Line Items]
Cash paid	$ 202.2
Less: Cash acquired	1.3
Total cash consideration paid	$ 200.9

Acquisitions - Summary of Total Purchase Price Consideration and Fair Value Amounts Recognized (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017	Oct. 16, 2017	Mar. 31, 2017
Business Acquisition [Line Items]
Goodwill	$ 202.0	$ 202.7		$ 103.1
T-System \| FNFV
Business Acquisition [Line Items]
Trade receivables			$ 11.3
Prepaid and other current assets			2.0
Property and equipment			1.2
Goodwill			98.9
Other intangible assets			112.4
Total assets acquired			225.8
Accounts payable and accrued liabilities			6.6
Deferred revenue			11.0
Deferred tax liabilities			7.3
Total liabilities assumed			24.9
Net assets acquired			$ 200.9

Acquisitions - Unaudited Pro-forma Combined Results of Operations (Details) - T-System - FNFV $ in Millions	3 Months Ended
	Mar. 31, 2017 USD ($)
Business Acquisition [Line Items]
Total revenues	$ 290.3
Net loss	$ 0.9

Acquisitions - Estimated Useful Lives of Property and Equipment and Other Intangible Assets (Details) - T-System - FNFV $ in Millions	Oct. 16, 2017 USD ($)
Business Acquisition [Line Items]
Property and equipment	$ 1.2
Total other intangible assets	112.4
Total	$ 113.6
Minimum
Business Acquisition [Line Items]
Weighted Average Estimated Useful Life, property and equipment (in years)	3 years
Maximum
Business Acquisition [Line Items]
Weighted Average Estimated Useful Life, property and equipment (in years)	5 years
Customer relationships
Business Acquisition [Line Items]
Total other intangible assets	$ 55.2
Weighted Average Estimated Useful Life, other intangible assets (in years)	10 years
Computer software
Business Acquisition [Line Items]
Total other intangible assets	$ 45.1
Weighted Average Estimated Useful Life, other intangible assets (in years)	9 years
Tradename
Business Acquisition [Line Items]
Total other intangible assets	$ 10.6
Weighted Average Estimated Useful Life, other intangible assets (in years)	10 years
Noncompete agreement
Business Acquisition [Line Items]
Total other intangible assets	$ 1.5
Weighted Average Estimated Useful Life, other intangible assets (in years)	5 years

Fair Value Measurements (Details)	3 Months Ended
Fair Value Measurements (Details)	Mar. 31, 2018 USD ($) firm	Dec. 31, 2017 USD ($)	Mar. 31, 2017 USD ($)
Liabilities:
Number of firms used for pricing \| firm	1
Level 3
Fixed-maturity securities available for sale:
Total assets		$ 0	$ 0
Liabilities:
Total liabilities		0	$ 0
Level 3 \| Minimum
Liabilities:
Discount rate	11.50%
Level 3 \| Maximum
Liabilities:
Discount rate	17.25%
Recurring Basis
Fixed-maturity securities available for sale:
Deferred compensation	$ 3,900,000	4,400,000
Total assets	25,300,000	36,900,000
Liabilities:
Deferred compensation	3,900,000	4,400,000
Total liabilities	3,900,000	4,400,000
Recurring Basis \| Corporate debt securities
Fixed-maturity securities available for sale:
Securities available for sale	21,400,000	14,800,000
Recurring Basis \| Equity securities available for sale
Fixed-maturity securities available for sale:
Securities available for sale		17,700,000
Recurring Basis \| Level 1
Fixed-maturity securities available for sale:
Deferred compensation	3,900,000	4,400,000
Total assets	3,900,000	22,100,000
Liabilities:
Deferred compensation	3,900,000	4,400,000
Total liabilities	3,900,000	4,400,000
Recurring Basis \| Level 1 \| Corporate debt securities
Fixed-maturity securities available for sale:
Securities available for sale	0	0
Recurring Basis \| Level 1 \| Equity securities available for sale
Fixed-maturity securities available for sale:
Securities available for sale		17,700,000
Recurring Basis \| Level 2
Fixed-maturity securities available for sale:
Deferred compensation	0	0
Total assets	0	14,800,000
Liabilities:
Deferred compensation	0	0
Total liabilities	0	0
Recurring Basis \| Level 2 \| Corporate debt securities
Fixed-maturity securities available for sale:
Securities available for sale	0	14,800,000
Recurring Basis \| Level 2 \| Equity securities available for sale
Fixed-maturity securities available for sale:
Securities available for sale		0
Recurring Basis \| Level 3
Fixed-maturity securities available for sale:
Deferred compensation	0	0
Total assets	21,400,000	0
Liabilities:
Deferred compensation	0	0
Total liabilities	0	0
Recurring Basis \| Level 3 \| Corporate debt securities
Fixed-maturity securities available for sale:
Securities available for sale	$ 21,400,000	0
Recurring Basis \| Level 3 \| Equity securities available for sale
Fixed-maturity securities available for sale:
Securities available for sale		$ 0

Fair Value Measurements - Summary of Changes in the Fair Values of level 3 Assets Measured on a Recurring Basis (Details) - USD ($)

3 Months Ended

Mar. 31, 2018

Mar. 31, 2017

Dec. 31, 2017

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Other comprehensive earnings—unrealized gain on investments and other financial instruments, net of tax

^[1]

$ 2,100,000

$ 500,000

Recurring Basis

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Assets measured at fair value

25,300,000

$ 36,900,000

Liabilities measured at fair value

3,900,000

4,400,000

Level 3

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Realized gain or losses in net earnings

Other comprehensive earnings—unrealized gain on investments and other financial instruments, net of tax

Assets measured at fair value

Liabilities measured at fair value

$ 0

Level 3 | Recurring Basis

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Assets measured at fair value

21,400,000

Liabilities measured at fair value

$ 0

Level 3 | Corporate debt securities | Recurring Basis

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Fair Value, Beginning of period

Transfers from Level 2

21,400,000

Fair Value, End of period

$ 21,400,000

[1]	Net of income tax expense of $0.8 million and $0.3 million for the three months ended March 31, 2018 and 2017, respectively

Investments - Schedule of Carrying Amounts and Fair Values of Available for Sale Securities (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	$ 29.8	$ 44.0
Unrealized Gains	2.7	0.6
Unrealized Losses	(11.1)	(12.1)
Corporate debt securities
Schedule of Available-for-sale Securities [Line Items]
Cost Basis	29.8	26.3
Unrealized Gains	2.7	0.3
Unrealized Losses	(11.1)	(11.8)
Equity securities available for sale
Schedule of Available-for-sale Securities [Line Items]
Cost Basis		17.7
Unrealized Gains		0.3
Unrealized Losses		(0.3)
Carrying Value
Schedule of Available-for-sale Securities [Line Items]
Available for sale securities	21.4	32.5
Carrying Value \| Corporate debt securities
Schedule of Available-for-sale Securities [Line Items]
Available for sale securities	21.4	14.8
Carrying Value \| Equity securities available for sale
Schedule of Available-for-sale Securities [Line Items]
Available for sale securities		17.7
Fair Value
Schedule of Available-for-sale Securities [Line Items]
Available for sale securities	21.4	32.5
Fair Value \| Corporate debt securities
Schedule of Available-for-sale Securities [Line Items]
Available for sale securities	$ 21.4	14.8
Fair Value \| Equity securities available for sale
Schedule of Available-for-sale Securities [Line Items]
Available for sale securities		$ 17.7

Investments - Schedule of Investment Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Fair Value
Less than 12 Months	$ 15.3	$ 21.1
Unrealized Losses
Less than 12 Months	(11.1)	(12.1)
Corporate debt securities
Fair Value
Less than 12 Months	15.3	14.3
Unrealized Losses
Less than 12 Months	$ (11.1)	(11.8)
Equity securities available for sale
Fair Value
Less than 12 Months		6.8
Unrealized Losses
Less than 12 Months		$ (0.3)

Investments - Narrative (Details) - USD ($)		3 Months Ended
Investments - Narrative (Details) - USD ($)	Mar. 30, 2016	Mar. 31, 2018	Mar. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Realized gains related to the sales of equity securities available for sale (less than for 2018)		$ 0	$ 0
Securities available for sale
Schedule of Available-for-sale Securities [Line Items]
Other-than-temporary impairment charges relating to securities available for sale		0	0
Ceridian II \| Public Offering
Schedule of Available-for-sale Securities [Line Items]
Aggregate proceeds from offering	$ 150,200,000
Equity securities
Schedule of Available-for-sale Securities [Line Items]
Gross proceeds on sale of securities		17,700,000	31,600,000
Realized gains related to the sales of equity securities available for sale (less than for 2018)		$ 100,000	$ 5,100,000
Minimum
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity securities, maturity		1 year
Maximum
Schedule of Available-for-sale Securities [Line Items]
Fixed maturity securities, maturity		5 years

Investments - Schedule of Investments in Unconsolidated Affiliates (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated affiliates	$ 415.4	$ 424.9
Total investment in Ceridian
Schedule of Equity Method Investments [Line Items]
Ownership (as a percent)
Investments in unconsolidated affiliates	$ 374.6	383.3
Ceridian
Schedule of Equity Method Investments [Line Items]
Ownership (as a percent)	33.00%
Investments in unconsolidated affiliates	$ 314.4	324.9
Ceridian II
Schedule of Equity Method Investments [Line Items]
Ownership (as a percent)	32.00%
Investments in unconsolidated affiliates	$ 60.2	58.4
Other
Schedule of Equity Method Investments [Line Items]
Investments in unconsolidated affiliates	$ 40.8	$ 41.6

Investments - Schedule of Summarized Financial Information for Ceridian (Details) - Ceridian - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Condensed Combined Balance Sheets
Total current assets before customer funds	$ 295.4		$ 323.4
Customer funds	4,293.9		4,099.7
Goodwill and other intangible assets, net	2,282.4		2,299.7
Other assets	109.0		107.8
Total assets	6,980.7		6,830.6
Current liabilities before customer obligations	141.3		167.0
Customer obligations	4,313.2		4,105.5
Long-term obligations, less current portion	1,120.5		1,119.8
Other long-term liabilities	201.1		208.6
Total liabilities	5,776.1		5,600.9
Equity	1,204.6		1,229.7
Total liabilities and equity	6,980.7		$ 6,830.6
Condensed Combined Statements of Earnings
Total revenues	208.9	$ 187.0
Earnings (loss) before income taxes	4.5	(9.2)
Net loss	$ (1.8)	$ (11.2)

Inventory (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Raw materials	$ 12.4	$ 9.1
Semi-finished and finished goods	13.7	7.5
Packaging	2.9	2.8
Obsolescence reserve	(0.7)	(0.6)
Total bakery inventory	28.3	18.8
Other restaurant-related inventory	10.1	10.9
Other	0.2	0.0
Total inventory	$ 38.6	$ 29.7

Notes Payable - Schedule of Notes Payable (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Notes payable, total	$ 12,500,000	$ 134,900,000
Less: Notes payable, current	1,400,000	122,200,000
Notes payable, long term	11,100,000	12,700,000
ABRH Term Loan \| Notes payable
Debt Instrument [Line Items]
Notes payable, total	$ 0	84,200,000
ABRH Term Loan \| Notes payable \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate	3.00%
ABRH Revolving Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Notes payable, total	$ 0	38,000,000
Brasada Credit Agreement \| Notes payable
Debt Instrument [Line Items]
Notes payable, total	12,000,000	12,100,000
Corporate Revolver Note \| Revolving Credit Facility
Debt Instrument [Line Items]
Notes payable, total	0	0
Unused portion	100,000,000
Other \| Notes payable
Debt Instrument [Line Items]
Notes payable, total	$ 500,000	$ 600,000

Notes Payable - Narrative (Details) - USD ($)	1 Months Ended
Notes Payable - Narrative (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017	Nov. 17, 2017	Jan. 29, 2016	Jun. 30, 2014
Line of Credit Facility [Line Items]
Borrowings under Revolver	$ 12,500,000	$ 134,900,000
Cascades Credit Agreement \| Notes payable
Line of Credit Facility [Line Items]
Borrowings under Revolver	12,000,000	12,100,000
Corporate Revolver Note \| Revolver Note
Line of Credit Facility [Line Items]
Aggregate borrowing capacity			$ 100,000,000.0
Amount available to be drawn	100,000,000
Borrowings under Revolver	0	$ 0
NV Brasada \| Cascades Credit Agreement
Line of Credit Facility [Line Items]
Aggregate borrowing capacity				$ 17,000,000.0
NV Brasada \| Cascades Credit Agreement \| Line of Credit Loan
Line of Credit Facility [Line Items]
Amount available to be drawn	$ 800,000
NV Brasada \| Cascades Credit Agreement \| Notes payable
Line of Credit Facility [Line Items]
Variable rate interest	4.07%
ABRH \| Notes payable
Line of Credit Facility [Line Items]
Amendment fee, percentage	2.00%
ABRH \| ABRH Credit Facility, Second Amendment Interest Rate \| Notes payable
Line of Credit Facility [Line Items]
Interest rate increased to	10.00%
FNF, LLC \| Corporate Revolver Note \| Revolver Note
Line of Credit Facility [Line Items]
Aggregate borrowing capacity					$ 100,000,000

Notes Payable - Gross Principal Maturities of Notes Payable (Details) $ in Millions	Mar. 31, 2018 USD ($)
Debt Disclosure [Abstract]
2018 (remaining)	$ 1.1
2019	0.5
2020	0.4
2021	0.4
2022	0.4
Thereafter	9.8
Total Long Term Debt	$ 12.6

Commitments and Contingencies - Narrative (Details)	Jul. 13, 2016	Mar. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Jan. 13, 2017 case
Loss Contingencies [Line Items]
Accrual for legal proceedings \| $		$ 400,000.0	$ 200,000.0
Otis v. O’Charley’s, LLC \| Pending Litigation
Loss Contingencies [Line Items]
Time performing non-tipped duties (more than)	20.00%
Circuit Courts of Appeals Cases \| Pending Litigation
Loss Contingencies [Line Items]
Number of cases granted certiorari \| case				3

Commitments and Contingencies - Future Minimum Operating Lease Commitments (Details) $ in Millions	Mar. 31, 2018 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2018 (remaining)	$ 46.4
2019	58.2
2020	51.8
2021	44.8
2022	34.0
Thereafter	135.8
Total future minimum operating lease payments	$ 371.0

Commitments and Contingencies - Purchase Obligations (Details) $ in Millions	Mar. 31, 2018 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2018 (remaining)	$ 167.9
2019	28.7
2020	17.0
2021	4.3
2022	3.3
Thereafter	3.6
Total purchase commitments	$ 224.8

Segment Information - Summary of Financial Information Concerning Reportable Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Restaurant revenues	$ 273.8	$ 272.7
Other operating revenues	20.1	2.6
Total operating revenues	293.9	275.3
Interest and investment income, including realized gains and losses	1.3	6.1
Total revenues	295.2	281.4
Depreciation and amortization	14.9	11.4
Interest expense	(3.0)	(2.1)
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	(8.8)	(2.2)
Income tax (benefit) expense	(4.0)	(1.8)
Loss from continuing operations before equity in losses of unconsolidated affiliates	(4.8)	(0.4)
Equity in earnings (losses) of unconsolidated affiliates	(1.1)	(3.4)
(Loss) earnings from continuing operations	(5.9)	(3.8)
Assets	1,340.6	1,499.8	$ 1,487.2
Goodwill	202.0	103.1	$ 202.7
Operating Segments \| Restaurant Group
Segment Reporting Information [Line Items]
Restaurant revenues	273.8	272.7
Other operating revenues	0.0	0.0
Total operating revenues	273.8	272.7
Interest and investment income, including realized gains and losses	0.0	0.0
Total revenues	273.8	272.7
Depreciation and amortization	10.7	10.8
Interest expense	(3.7)	(1.9)
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	(9.3)	(4.5)
Income tax (benefit) expense	0.0	0.0
Loss from continuing operations before equity in losses of unconsolidated affiliates	(9.3)	(4.5)
Equity in earnings (losses) of unconsolidated affiliates	0.1	0.0
(Loss) earnings from continuing operations	(9.2)	(4.5)
Assets	480.2	500.4
Goodwill	103.1	103.1
Operating Segments \| T-System
Segment Reporting Information [Line Items]
Restaurant revenues	0.0
Other operating revenues	16.9
Total operating revenues	16.9
Interest and investment income, including realized gains and losses	0.0
Total revenues	16.9
Depreciation and amortization	4.2
Interest expense	0.0
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	0.1
Income tax (benefit) expense	(0.3)
Loss from continuing operations before equity in losses of unconsolidated affiliates	0.4
Equity in earnings (losses) of unconsolidated affiliates	0.0
(Loss) earnings from continuing operations	0.4
Assets	220.7
Goodwill	98.9
Operating Segments \| Ceridian
Segment Reporting Information [Line Items]
Restaurant revenues	0.0	0.0
Other operating revenues	208.9	187.0
Total operating revenues	208.9	187.0
Interest and investment income, including realized gains and losses	0.0	0.0
Total revenues	208.9	187.0
Depreciation and amortization	14.9	14.1
Interest expense	(21.9)	(21.4)
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	4.5	(9.2)
Income tax (benefit) expense	6.8	2.5
Loss from continuing operations before equity in losses of unconsolidated affiliates	(2.3)	(11.7)
Equity in earnings (losses) of unconsolidated affiliates	0.0	0.0
(Loss) earnings from continuing operations	(2.3)	(11.7)
Assets	6,980.7	7,297.4
Goodwill	2,075.8	2,061.9
Operating Segments \| Corporate and Other
Segment Reporting Information [Line Items]
Restaurant revenues	0.0	0.0
Other operating revenues	3.2	2.6
Total operating revenues	3.2	2.6
Interest and investment income, including realized gains and losses	1.3	6.1
Total revenues	4.5	8.7
Depreciation and amortization	0.0	0.6
Interest expense	0.7	(0.2)
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	0.4	2.3
Income tax (benefit) expense	(3.7)	(1.8)
Loss from continuing operations before equity in losses of unconsolidated affiliates	4.1	4.1
Equity in earnings (losses) of unconsolidated affiliates	0.7	0.1
(Loss) earnings from continuing operations	4.8	4.2
Assets	639.7	999.4
Goodwill	0.0	0.0
Ceridian Elimination
Segment Reporting Information [Line Items]
Restaurant revenues	0.0	0.0
Other operating revenues	(208.9)	(187.0)
Total operating revenues	(208.9)	(187.0)
Interest and investment income, including realized gains and losses	0.0	0.0
Total revenues	(208.9)	(187.0)
Depreciation and amortization	(14.9)	(14.1)
Interest expense	21.9	21.4
(Loss) earnings from continuing operations, before income taxes and equity in earnings (losses) of unconsolidated affiliates	(4.5)	9.2
Income tax (benefit) expense	(6.8)	(2.5)
Loss from continuing operations before equity in losses of unconsolidated affiliates	2.3	11.7
Equity in earnings (losses) of unconsolidated affiliates	(1.9)	(3.5)
(Loss) earnings from continuing operations	0.4	8.2
Assets	(6,980.7)	(7,297.4)
Goodwill	$ (2,075.8)	$ (2,061.9)

Segment Information - Narrative (Details)	3 Months Ended
Segment Information - Narrative (Details)	Mar. 31, 2018 segment sites customer
Ceridian
Segment Reporting Information [Line Items]
Ownership interest, equity method investment (as a percent)	33.00%
ABRH
Segment Reporting Information [Line Items]
Ownership interest, controlling interest (as percent)	55.00%
T-System
Segment Reporting Information [Line Items]
Number of businesses \| segment	2
T-System Coding Software & Outsourced Solutions \| T-System
Segment Reporting Information [Line Items]
Number of customers (more than)	75
Number of sites \| sites	300
Software Solutions \| T-System Clinical Documentation \| T-System
Segment Reporting Information [Line Items]
Number of customers (more than)	435
T-Sheet \| T-System Clinical Documentation \| T-System
Segment Reporting Information [Line Items]
Number of customers (more than)	800

Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash paid during the period:
Interest	$ 1.3	$ 2.6
Income taxes	0.0	0.0
Non-cash investing activities:
Unsettled purchases of investment securities accrued at period end	3.5	0.0
Liabilities and noncontrolling interests assumed in connection with acquisitions:
Fair value of net assets acquired	0.0	25.9
Less: Total cash purchase price	0.0	21.0
Liabilities and noncontrolling interests assumed	$ 0.0	$ 4.9

Discontinued Operations - Narrative (Details) - USD ($) $ in Millions		3 Months Ended
	Jun. 06, 2017	Mar. 31, 2018	Mar. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Borrowings		$ 0.1	$ 38.7
Debt service payments		$ 123.8	12.7
OneDigital \| Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership interest after sale (as a percent)	0.00%
Other acquisitions/disposals of businesses, net of cash acquired			21.0
Borrowings			23.0
Debt service payments			$ 3.0

Discontinued Operations - Reconciliation of Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Other income (expense):
Earnings from discontinued operations	$ 0.0	$ 2.3
OneDigital \| Disposed of by Sale
Revenues:
Other operating revenue		46.7
Total operating revenues		46.7
Operating expenses:
Personnel costs		28.7
Depreciation and amortization		5.1
Other operating expenses		6.5
Total operating expenses		40.3
Operating income		6.4
Other income (expense):
Interest expense		(1.6)
Total other income (expense)		(1.6)
Earnings from discontinued operations before income taxes		4.8
Income tax expense		2.5
Earnings from discontinued operations		2.3
Cash flow from discontinued operations data:
Net cash provided by operations		8.1
Net cash used in investing activities		$ (26.4)

Revenue Recognition (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect adjustment to retained earnings	$ 2.8	$ 0.2
Accounting Standards Update 2014-09 \| Difference between Revenue Guidance in Effect before and after Topic 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adjustment for cumulative effect of adoption of ASC Topic 606		4.3
Retained Earnings \| Accounting Standards Update 2014-09 \| Difference between Revenue Guidance in Effect before and after Topic 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Adjustment for cumulative effect of adoption of ASC Topic 606		$ 4.3

Revenue Recognition - Disaggregated Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disaggregation of Revenue [Line Items]
Total revenues	$ 293.9	$ 275.3
Restaurant Group
Disaggregation of Revenue [Line Items]
Total revenues	273.8	272.7
Restaurant Group \| Restaurant sales
Disaggregation of Revenue [Line Items]
Total revenues	259.2	259.4
Restaurant Group \| Bakery sales
Disaggregation of Revenue [Line Items]
Total revenues	13.2	11.9
Restaurant Group \| Franchise and other
Disaggregation of Revenue [Line Items]
Total revenues	1.4	1.4
T-System \| T-System, point-in-time
Disaggregation of Revenue [Line Items]
Total revenues	8.2	0.0
T-System \| T-System, over time
Disaggregation of Revenue [Line Items]
Total revenues	8.7	0.0
Corporate and Other \| Real estate and resort
Disaggregation of Revenue [Line Items]
Total revenues	2.9	2.3
Corporate and Other \| Other
Disaggregation of Revenue [Line Items]
Total revenues	0.3	0.3
Total Other Operating Revenue [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 20.1	$ 2.6

Revenue Recognition - Contract Balances, Information About Receivables and Deferred Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Revenue from Contract with Customer [Abstract]
Trade receivables	$ 30.2	$ 35.8
Deferred revenue (contract liabilities)	25.3	$ 35.2
Revenue recognized that was included in Deferred revenue	$ 16.2

Revenue Recognition -Transaction Price Allocated to Remaining Performance Obligations (Details) $ in Millions	3 Months Ended
	Mar. 31, 2018 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue to be recognized in future period	$ 34.5
Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue contract period	1 year
Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue contract period	5 years

Revenue Recognition - Remaining Performance Obligation Timing (Details)	3 Months Ended
	Mar. 31, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation (as percent)	51.00%
Revenue, remaining performance obligation, expected timing of satisfaction	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation (as percent)	25.00%
Revenue, remaining performance obligation, expected timing of satisfaction	1 year