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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Reconciliation of the number of shares used for calculating basic and diluted earnings per common share
The calculation for basic and diluted EPS is as follows:
(in millions, except per share data)
Years ended December 31,
 
2012
 
2011
 
2010
Amount attributable to The McGraw-Hill Companies, Inc. common shareholders:
 
 
 
 
 
Income from continuing operations
$
676

 
$
607

 
$
581

(Loss) income from discontinued operations
(239
)
 
304

 
247

Net income attributable to the Company
$
437

 
$
911

 
$
828

 
 
 
 
 
 
Basic weighted-average number of common shares outstanding
278.6

 
298.1

 
309.4

Effect of stock options and other dilutive securities
6.0

 
5.5

 
2.8

Diluted weighted-average number of common shares outstanding
284.6

 
303.6

 
312.2

 
 
 
 
 
 
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
2.43

 
$
2.03

 
$
1.88

(Loss) income from discontinued operations
(0.86
)
 
1.02

 
0.80

Net income
$
1.57

 
$
3.05

 
$
2.68

Diluted EPS:
 
 
 
 
 
Income from continuing operations
$
2.37

 
$
2.00

 
$
1.86

(Loss) income from discontinued operations
(0.84
)
 
1.00

 
0.79

Net income
$
1.53

 
$
3.00

 
$
2.65