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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Revenue $ 1,194 $ 1,116 $ 3,625 $ 3,224
Expenses:        
Operating-related expenses 393 367 1,164 1,080
Selling and general expenses 385 435 1,261 1,175
Depreciation 20 24 65 69
Amortization of intangibles 13 15 38 35
Total expenses 811 841 2,528 2,359
Other income 24 0 24 0
Operating profit 407 275 1,121 865
Interest expense, net 14 21 45 63
Income from continuing operations before taxes on income 393 254 1,076 802
Provision for taxes on income 128 82 364 287
Income from continuing operations 265 172 712 515
Discontinued operations, net of tax:        
Income (loss) from discontinued operations 0 165 (27) 169
(Loss) gain on sale of discontinued operations (includes $(75) accumulated other comprehensive income reclassifications for foreign currency translation adjustment in the nine month period) (20) 0 592 0
Discontinued operations, net (20) 165 565 169
Net income 245 337 1,277 684
Less: net income from continuing operations attributable to noncontrolling interests (30) (21) (74) (29)
Less: net (income) loss from discontinued operations attributable to noncontrolling interests 0 (2) 1 (2)
Net income 215 314 1,204 653
Amounts attributable to McGraw Hill Financial, Inc. common shareholders:        
Income from continuing operations 235 151 638 486
(Loss) income from discontinued operations (20) 163 566 167
Net income $ 215 $ 314 $ 1,204 $ 653
Income from continuing operations:        
Basic (in dollars per share) $ 0.86 $ 0.54 $ 2.31 $ 1.74
Diluted (in dollars per share) $ 0.84 $ 0.53 $ 2.27 $ 1.71
Income from discontinued operations:        
Basic (in dollars per share) $ (0.07) $ 0.58 $ 2.05 $ 0.60
Diluted (in dollars per share) $ (0.07) $ 0.57 $ 2.02 $ 0.59
Net income:        
Basic (in dollars per share) $ 0.79 $ 1.13 $ 4.36 $ 2.34
Diluted (in dollars per share) $ 0.77 $ 1.10 $ 4.29 $ 2.29
Weighted-average number of common shares outstanding:        
Basic (in shares) 272.8 278.7 275.8 278.8
Diluted (in shares) 278.8 284.6 280.4 284.6
Dividend declared per common share (in usd per share) $ 0.28 $ 0.255 $ 0.84 $ 0.765