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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2013
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 for the periods ended June 30 is as follows: 
(in millions, except per share amounts)
Three Months
 
Six Months
 
2013
 
2012
 
2013
 
2012
Amounts attributable to McGraw Hill Financial, Inc. common shareholders:
 
 
 
 
 
 
 
Income from continuing operations
$
250

 
$
177

 
$
403

 
$
335

Income from discontinued operations
4

 
39

 
586

 
4

Net income attributable to the Company
$
254

 
$
216

 
$
989

 
$
339

 
 
 
 
 
 
 
 
Basic weighted-average number of common shares outstanding
274.3

 
279.7

 
277.4

 
278.9

Effect of stock options and other dilutive securities
4.0

 
5.6

 
3.9

 
5.6

Diluted weighted-average number of common shares outstanding
278.3

 
285.3

 
281.3

 
284.5

 
 
 
 
 
 
 
 
Earnings per share attributable to McGraw Hill Financial, Inc. common shareholders:
 
 
 
 
 
 
 
Income from continuing operations:
 
 
 
 
 
 
 
Basic
$
0.91

 
$
0.63

 
$
1.45

 
$
1.20

Diluted
$
0.90

 
$
0.62

 
$
1.43

 
$
1.18

Income from discontinued operations:
 
 
 
 
 
 
 
Basic
$
0.01

 
$
0.14

 
$
2.11

 
$
0.02

Diluted
$
0.01

 
$
0.14

 
$
2.08

 
$
0.01

Net income:
 
 
 
 
 
 
 
Basic
$
0.93

 
$
0.77

 
$
3.57

 
$
1.22

Diluted
$
0.91

 
$
0.76

 
$
3.52

 
$
1.19