Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



IQVIA HOLDINGS INC.

By:	/s/ Michael R. McDonnell
	Name: Michael R. McDonnell
	Title: Executive Vice President and Chief Financial Officer

Date: February 19, 2019

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant in the capacities and on the dates indicated.


Signature	Title	Date

/s/ Ari Bousbib Ari Bousbib	Chairman, Chief Executive Officer and President; Director (Principal Executive Officer)	February 19, 2019

/s/ Michael R. McDonnell	Executive Vice President and Chief Financial Officer (Principal Financial Officer)	February 19, 2019
Michael R. McDonnell

/s/ Emmanuel Korakis	Senior Vice President, Corporate Controller (Principal Accounting Officer)	February 19, 2019
Emmanuel Korakis

/s/ John P. Connaughton	Director	February 19, 2019
John P. Connaughton

/s/ Jonathan J. Coslet	Director	February 19, 2019
Jonathan J. Coslet

/s/ John G. Danhakl	Director	February 19, 2019
John G. Danhakl

/s/ Michael J. Evanisko Michael J. Evanisko	Director	February 19, 2019

/s/ James A. Fasano	Director	February 19, 2019
James A. Fasano

/s/ Colleen A. Goggins	Director	February 19, 2019
Colleen A. Goggins

/s/ Jack M. Greenberg	Director	February 19, 2019
Jack M. Greenberg

/s/ John M. Leonard, M.D.	Director	February 19, 2019
John M. Leonard, M.D.

/s/ Ronald A. Rittenmeyer	Director	February 19, 2019
Ronald A. Rittenmeyer

/s/ Todd B. Sisitsky Todd B. Sisitsky	Director	February 19, 2019

(2) Financial Statement Schedules

Schedule I—Condensed Financial Information of Registrant

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

CONDENSED STATEMENTS OF INCOME

	Year Ended December 31,
(in millions)	2018			2017			2016
Selling, general and administrative expenses	$	2		$	1		$	—
Merger related costs		—			—			21
Loss from operations		(2	)		(1	)		(21	)
Interest income		—			—			—
Other expense, net		—			—			—
Loss before income taxes and equity in earnings of subsidiary		(2	)		(1	)		(21	)
Income tax benefit		(1	)		(3	)		(4	)
(Loss) income before equity in earnings of subsidiary		(1	)		2			(17	)
Equity in earnings of subsidiary		260			1,275			89
Net income	$	259		$	1,277		$	72

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

CONDENSED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

	Year Ended December 31,
(in millions)	2018			2017			2016
Net income	$	259		$	1,277		$	72
Comprehensive (loss) income adjustments:
Unrealized gains (losses) on derivative instruments, net of income tax (benefit) expense of ($5), $1 and $3		1			4			(7	)
Defined benefit plan adjustments, net of income tax (benefit) expense of ($4), $3 and $11		(8	)		5			23
Foreign currency translation, net of income tax expense (benefit) of $50, ($201) and ($9)		(255	)		604			(492	)
Reclassification adjustments:
(Gains) losses on derivative instruments included in net income, net of income tax expense of $1, $— and $7		(12	)		(1	)		21
Amortization of actuarial losses and prior service costs included in net income		1			1			1
Comprehensive (loss) income	$	(14	)	$	1,890		$	(382	)

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

CONDENSED BALANCE SHEETS

	December 31,
(in millions, except per share data)	2018			2017
ASSETS
Current assets:
Cash and cash equivalents	$	1		$	1
Income taxes receivable		—			—
Other current assets and receivables		—			1
Total current assets		1			2
Investment in subsidiary		9,667			9,659
Receivable from parent company		—			—
Total assets	$	9,668		$	9,661
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	—		$	—
Income taxes payable		—			—
Total current liabilities		—			—
Investment in subsidiary		2,954			1,666
Payable to subsidiary		—			—
Total liabilities		2,954			1,666
Commitments and contingencies
Stockholders’ equity:
Common stock and additional paid-in capital, 400.0 shares authorized at December 31, 2018 and 2017, $0.01 par value, 251.5 and 249.5 shares issued and outstanding at December 31, 2018 and 2017, respectively		10,901			10,782
Retained earnings		807			538
Treasury stock, at cost, 54.0 and 41.4 shares at December 31, 2018 and 2017, respectively		(4,770	)		(3,374	)
Accumulated other comprehensive (loss) income		(224	)		49
Total stockholders’ equity		6,714			7,995
Total liabilities and stockholders’ equity	$	9,668		$	9,661

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

CONDENSED STATEMENTS OF CASH FLOWS

	Year Ended December 31,
(in millions)	2018			2017			2016
Operating activities:
Net income	$	259		$	1,277		$	72
Adjustments to reconcile net income to cash provided by operating activities:
Subsidiary loss		143			91			91
Change in operating assets and liabilities:
Accounts payable and accrued expenses		2			(3	)		—
Income taxes payable and other liabilities		—			4			(4	)
Net cash provided by operating activities		404			1,369			159
Investing activities:
Investment in subsidiary, net of dividends received		983			1,182			834
Net cash provided by investing activities		983			1,182			834
Financing activities:
Proceeds related to employee stock purchase and option plans		15			91			97
Repurchase of common stock		(1,405	)		(2,620	)		(1,097	)
Intercompany with subsidiary		3			(31	)		14
Net cash used in financing activities		(1,387	)		(2,560	)		(986	)
Effect of foreign currency exchange rate changes on cash		—			(2	)		—
(Decrease) increase in cash and cash equivalents		—			(11	)		7
Cash and cash equivalents at beginning of period		1			12			5
Cash and cash equivalents at end of period	$	1		$	1		$	12

IQVIA HOLDINGS INC. (PARENT COMPANY ONLY)

NOTES TO CONDENSED FINANCIAL INFORMATION

The condensed parent company financial statements have been prepared in accordance with Rule 12-04, Schedule I of Regulation S-X as the restricted net assets of IQVIA Holdings Inc.’s (the “Company”) wholly-owned subsidiary, IQVIA Incorporated exceed 25% of the consolidated net assets of the Company. The ability of IQVIA Incorporated to pay dividends may be limited due to the restrictive covenants in the agreements governing its credit arrangements.

These condensed parent company financial statements include the accounts of IQVIA Holdings Inc. on a standalone basis (the “Parent”) and the equity method of accounting is used to reflect ownership interest in its subsidiary. Refer to the consolidated financial statements and notes presented elsewhere herein for additional information and disclosures with respect to these financial statements.

Since the Parent is part of a group that files a consolidated income tax return, in accordance with ASC 740, a portion of the consolidated amount of current and deferred income tax expense of the Company has been allocated to the Parent. The income tax benefit of $1 million, $3 million and $4 million in 2018, 2017 and 2016, respectively, represents the income tax benefit that will be or were already utilized in the Company’s consolidated United States federal and state income tax returns. If the Parent was not part of these consolidated income tax returns, it would not be able to recognize any income tax benefit, as it generates no revenue against which the losses could be used on a separate filer basis.

Below is a summary of the dividends paid to the Parent by IQVIA Incorporated in 2018, 2017 and 2016:

(in millions)	Amount
Paid in December 2018	$	339
Paid in November 2018		146
Paid in October 2018		132
Paid in September 2018		118
Paid in June 2018		414
Paid in May 2018		154
Paid in March 2018		54
Paid in February 2018		37
Total paid in 2018	$	1,394
Paid in December 2017	$	22
Paid in November 2017		362
Paid in September 2017		373
Paid in August 2017		168
Paid in May 2017		356
Paid in March 2017		1,237
Paid in February 2017		45
Paid in January 2017		3
Total paid in 2017	$	2,566
Paid in December 2016	$	503
Paid in November 2016		422
Paid in June 2016		89
Total paid in 2016	$	1,014

Schedule II—Valuation and Qualifying Accounts

Deferred Tax Asset Valuation Allowance

			Additions
(in millions)	Balance at Beginning of Year		Charged to Expenses		Charged to Other Accounts(a)		Additions (Deductions)(b)			Balance at End of Year
December 31, 2018	$	200	$	23	$	—	$	3		$	226
December 31, 2017	$	153	$	52	$	—	$	(5	)	$	200
December 31, 2016	$	22	$	10	$	129	$	(8	)	$	153

(a)	Recorded through purchase accounting transaction.

(b)	Impact of reductions recorded to expense and translation adjustments.

Previous: Item 15. Exhibits and Financial Statement Schedules