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Earnings (Loss) per Share (Tables)
 12 Months Ended
Dec. 31, 2014
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 earnings (loss) per share is as follows:
(in millions, except per share data)
Year Ended December 31,
 
2014
 
2013
 
2012
Amount attributable to McGraw Hill Financial, Inc. common shareholders:
 
 
 
 
 
(Loss) income from continuing operations
$
(293
)
 
$
783

 
$
651

Income (loss) from discontinued operations
178

 
593

 
(214
)
Net (loss) income attributable to the Company
$
(115
)
 
$
1,376

 
$
437

 
 
 
 
 
 
Basic weighted-average number of common shares outstanding
271.5

 
274.5

 
278.6

Effect of stock options and other dilutive securities
—

 
5.3

 
6.0

Diluted weighted-average number of common shares outstanding
271.5

 
279.8

 
284.6

 
 
 
 
 
 
(Loss) income from continuing operations:
 
 
 
 
 
Basic
$
(1.08
)
 
$
2.85

 
$
2.33

Diluted
$
(1.08
)
 
$
2.80

 
$
2.29

Income (loss) from discontinued operations:
 
 
 
 
 
Basic
$
0.66

 
$
2.16

 
$
(0.77
)
Diluted
$
0.66

 
$
2.12

 
$
(0.75
)
Net (loss) income:
 
 
 
 
 
Basic
$
(0.42
)
 
$
5.01

 
$
1.57

Diluted
$
(0.42
)
 
$
4.91

 
$
1.53