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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenue $ 1,324 $ 1,263 $ 3,938 $ 3,761
Expenses:        
Operating-related expenses 407 402 1,218 1,205
Selling and general expenses 470 462 1,134 1,186
Depreciation 20 21 64 64
Amortization of intangibles 17 12 40 36
Total expenses 914 897 2,456 2,491
Other (income) loss 0 0 (11) 9
Operating profit 410 366 1,493 1,261
Interest expense, net 30 12 62 40
Income from continuing operations before taxes on income 380 354 1,431 1,221
Provision for taxes on income 99 139 439 428
Income from continuing operations 281 215 992 793
Income from discontinued operations, net of tax 0 2 0 15
Net income 281 217 992 808
Less: net income from continuing operations attributable to noncontrolling interests (29) (27) (83) (77)
Net income 252 190 909 731
Amounts attributable to McGraw Hill Financial, Inc. common shareholders:        
Income from continuing operations 252 188 909 716
Income from discontinued operations 0 2 0 15
Net income $ 252 $ 190 $ 909 $ 731
Income from continuing operations:        
Basic (in dollars per share) $ 0.93 $ 0.69 $ 3.33 $ 2.64
Diluted (in dollars per share) 0.92 0.68 3.30 2.59
Income from discontinued operations:        
Basic (in dollars per share) 0.00 0.01 0.00 0.05
Diluted (in dollars per share) 0.00 0.01 0.00 0.05
Net income:        
Basic (in dollars per share) 0.93 0.70 3.33 2.69
Diluted (in dollars per share) $ 0.92 $ 0.69 $ 3.30 $ 2.64
Weighted-average number of common shares outstanding:        
Basic (in shares) 271.3 270.9 272.6 271.4
Diluted (in shares) 274.4 275.4 275.4 276.2
Actual shares outstanding at period end (in shares)     270.3 271.4
Dividend declared per common share (in usd per share) $ 0.33 $ 0.30 $ 0.99 $ 0.90