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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Revenue $ 1,263 $ 1,152 $ 3,761 $ 3,496
Expenses:        
Operating-related expenses 399 371 1,205 1,114
Selling and general expenses 465 377 1,186 1,216
Depreciation 21 20 64 65
Amortization of intangibles 12 13 36 38
Total expenses 897 781 2,491 2,433
Other (income) loss 0 (24) 9 (24)
Operating profit 366 395 1,261 1,087
Interest expense, net 12 14 40 45
Income from continuing operations before taxes on income 354 381 1,221 1,042
Provision for taxes on income 139 123 428 351
Income from continuing operations 215 258 793 691
Discontinued operations, net of tax:        
Income (loss) from discontinued operations 2 7 15 (6)
(Loss) gain on sale of discontinued operations 0 (20) 0 592
Discontinued operations, net 2 (13) 15 586
Net income 217 245 808 1,277
Less: net income from continuing operations attributable to noncontrolling interests (27) (30) (77) (74)
Less: net loss from discontinued operations attributable to noncontrolling interests 0 0 0 1
Net income 190 215 731 1,204
Amounts attributable to McGraw Hill Financial, Inc. common shareholders:        
Income from continuing operations 188 228 716 617
Income (loss) from discontinued operations 2 (13) 15 587
Net income $ 190 $ 215 $ 731 $ 1,204
Income from continuing operations:        
Basic (in dollars per share) $ 0.69 $ 0.83 $ 2.64 $ 2.24
Diluted (in dollars per share) $ 0.68 $ 0.82 $ 2.59 $ 2.20
Income from discontinued operations:        
Basic (in dollars per share) $ 0.01 $ (0.05) $ 0.05 $ 2.13
Diluted (in dollars per share) $ 0.01 $ (0.05) $ 0.05 $ 2.09
Net income:        
Basic (in dollars per share) $ 0.70 $ 0.79 $ 2.69 $ 4.36
Diluted (in dollars per share) $ 0.69 $ 0.77 $ 2.64 $ 4.29
Weighted-average number of common shares outstanding:        
Basic (in shares) 270.9 272.8 271.4 275.8
Diluted (in shares) 275.4 278.8 276.2 280.4
Dividend declared per common share (in usd per share) $ 0.30 $ 0.28 $ 0.9 $ 0.84