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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]              
Revenue $ 1,342 $ 1,302 $ 2,615 $ 2,498 $ 5,051 $ 4,702 $ 4,270
Expenses:              
Operating-related expenses 406 407 812 803 1,627 1,564 1,433
Selling and general expenses 332 376 665 724 3,168 1,631 1,578
Depreciation 22 22 43 42 86 86 93
Amortization of intangibles 11 12 23 24 48 51 48
Total expenses 771 817 1,543 1,593 4,929 3,332 3,152
Other loss (income) (11) 9 (11) 9 9 12 (52)
Operating profit 582 476 1,083 896 113 1,358 1,170
Interest expense, net 16 14 32 28 59 59 81
Income from continuing operations before taxes on income 566 462 1,051 868 54 1,299 1,089
Provision for taxes on income 185 152 340 290 245 425 388
(Loss) income from continuing operations 381 310 711 578 (191) 874 701
Discontinued operations, net of tax:              
Income (loss) from discontinued operations 0 6 0 12 18 3 (209)
Gain on sale of discontinued operations (includes $(75) accumulated other comprehensive income reclassifications in 2013 for foreign currency translation adjustment)         160 589 0
Discontinued operations, net   6 0 12 178 592 (209)
Net (loss) income 381 316 711 590 (13) 1,466 492
Less: net income from continuing operations attributable to noncontrolling interests (28) (24) (55) (50) (102) (91) (50)
Less: net loss (income) from discontinued operations attributable to noncontrolling interests         0 1 (5)
Net (loss) income attributable to McGraw Hill Financial, Inc. 353 292 656 540 (115) 1,376 437
Amounts attributable to McGraw Hill Financial, Inc. common shareholders:              
(Loss) income from continuing operations 353 286 656 528 (293) 783 651
Income (loss) from discontinued operations 0 6 0 12 178 593 (214)
Net (loss) income attributable to McGraw Hill Financial, Inc. $ 353 $ 292 $ 656 $ 540 $ (115) $ 1,376 $ 437
(Loss) income from continuing operations:              
Basic (in dollars per share) $ 1.29 $ 1.05 $ 2.40 $ 1.94 $ (1.08) $ 2.85 $ 2.33
Diluted (in dollars per share) 1.28 1.04 2.38 1.91 (1.08) 2.80 2.29
Income (loss) from discontinued operations:              
Basic (in dollars per share) 0.00 0.02 0.00 0.05 0.66 2.16 (0.77)
Diluted (in dollars per share) 0.00 0.02 0.00 0.05 0.66 2.12 (0.75)
Net (loss) income:              
Basic (in dollars per share) 1.29 1.08 2.40 1.99 (0.42) 5.01 1.57
Diluted (in dollars per share) $ 1.28 $ 1.06 $ 2.38 $ 1.95 $ (0.42) $ 4.91 $ 1.53
Weighted-average number of common shares outstanding:              
Basic (in shares) 273.1 271.5 273.3 271.7 271.5 274.5 278.6
Diluted (in shares) 275.7 276.1 276.0 276.7 271.5 279.8 284.6
Dividend declared per common share (in dollars per share) $ 0.33 $ 0.30 $ 0.66 $ 0.60 $ 1.20 $ 1.12 $ 1.02
Special dividend declared per common share (in dollars per share)         $ 0 $ 0 $ 2.50