Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 30, 2013

Business Combinations [Abstract]

Schedule of components of income and assets and liabilities from discontinued operations

The key components of income from discontinued operations for the periods ended September 30 consist of the following:

(in millions)	Three Months					Nine Months
	2013			2012		2013			2012
Revenue	$	—		$	836	$	268		$	1,606
Expenses	(1		)	582		310			1,357
Operating income (loss)	1			254		(42		)	249
Interest expense (income), net	1			—		2			(2		)
Income (loss) before taxes on income (loss)	—			254		(44		)	251
Provision (benefit) for taxes on income (loss)	—			89		(17		)	82
Income (loss) from discontinued operations, net of tax	—			165		(27		)	169
Pre-tax (loss) gain on sale from discontinued operations	(32		)	—		888			—
(Benefit) provision for taxes on income	(12		)	—		296			—
(Loss) gain on sale of discontinued operations, net of tax	(20		)	—		592			—
Discontinued operations, net	(20		)	165		565			169
Less: net income (loss) attributable to noncontrolling interests	—			2		(1		)	2
(Loss) income from discontinued operations attributable to McGraw Hill Financial, Inc. common shareholders	$	(20	)	$	163	$	566		$	167

The components of assets and liabilities classified as held for sale in the consolidated balance sheet consist of the following:

(in millions)	December 31, 2012
Accounts receivable, net	$	333
Property and equipment, net	122
Goodwill	469
Other intangible assets, net	156
Inventories, net	235
Prepublication costs	304
Other assets	321
Assets held for sale	$	1,940
Accounts payable and accrued expenses	$	123
Unearned revenue	192
Other liabilities	349
Liabilities held for sale	$	664