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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities:      
Net income $ 1,466 $ 492 $ 934
Less: income (loss) from discontinued operations 563 (234) 308
Net income from continuing operations 903 726 626
Adjustments to reconcile income from continuing operations to cash provided by operating activities from continuing operations:      
Depreciation 86 93 93
Amortization of intangibles 51 48 33
Provision for losses on accounts receivable 22 32 6
Deferred income taxes 43 53 17
Stock-based compensation 99 93 77
Gain on dispositions, net (24) 0 (13)
Other 136 16 63
Changes in operating assets and liabilities, net of effect of acquisitions and dispositions:      
Accounts receivable (35) (239) 14
Prepaid and other current assets (29) 3 (16)
Accounts payable and accrued expenses (93) 60 (29)
Unearned revenue 108 17 44
Other current liabilities (89) (70) (52)
Net change in prepaid / accrued income taxes (238) 119 55
Net change in other assets and liabilities (124) (204) 6
Cash provided by operating activities from continuing operations 816 747 924
Investing Activities:      
Capital expenditures (117) (97) (92)
Acquisitions, including contingent payments, net of cash acquired (47) (177) (194)
Proceeds from dispositions 51 0 21
Changes in short-term investments (17) 27 (6)
Cash used for investing activities from continuing operations (130) (247) (271)
Financing Activities:      
(Payments on) / additions to short-term debt (457) 457 0
Payments on senior notes 0 (400) 0
Dividends paid to shareholders (308) (984) (296)
Dividends and other payments paid to noncontrolling interests (75) (24) (23)
Repurchase of treasury shares (978) (295) (1,500)
Exercise of stock options 258 299 139
Contingent payments (12) 0 0
Purchase of additional CRISIL shares (214) 0 0
Excess tax benefits from share-based payments 43 42 20
Cash used for financing activities from continuing operations (1,743) (905) (1,660)
Effect of exchange rate changes on cash from continuing operations (1) 5 (10)
Cash used for continuing operations (1,058) (400) (1,017)
Cash (used for) provided by operating activities (265) 520 420
Cash provided by (used for) investing activities 2,129 (198) 25
Cash used for financing activities (25) (12) (4)
Effect of exchange rate changes on cash 1 3 (5)
Effect of change in cash and equivalents 0 12 0
Cash provided by discontinued operations 1,840 325 436
Net change in cash and equivalents 782 (75) (581)
Cash and equivalents at beginning of year 760 835 1,416
Cash and equivalents at end of year 1,542 760 835
Cash paid during the year for:      
Interest (including discontinued operations) 50 77 71
Income taxes (including discontinued operations) $ 787 $ 243 $ 452