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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]          
Revenue $ 1,374 $ 1,290 $ 5,313 $ 5,051 $ 4,702
Expenses:          
Operating-related expenses     1,672 1,627 1,564
Selling and general expenses     1,578 3,168 1,631
Depreciation     90 86 86
Amortization of intangibles     67 48 51
Total expenses     3,407 4,929 3,332
Other (income) loss     (11) 9 12
Operating profit 424 (1,148) 1,917 113 1,358
Interest expense, net     102 59 59
Income from continuing operations before taxes on income     1,815 54 1,299
Provision for taxes on income     547 245 425
Income (loss) from continuing operations 276 (984) 1,268 (191) 874
Discontinued operations, net of tax:          
Income from discontinued operations     0 18 3
Gain on sale of discontinued operations (includes $(75) accumulated other comprehensive income reclassifications in 2013 for foreign currency translation adjustment)     0 160 589
Discontinued operations, net   163 0 178 592
Net income (loss) 276 (821) 1,268 (13) 1,466
Less: net income from continuing operations attributable to noncontrolling interests     (112) (102) (91)
Less: net loss from discontinued operations attributable to noncontrolling interests     0 0 1
Net income (loss) attributable to McGraw Hill Financial, Inc. 248 (846) 1,156 (115) 1,376
Amounts attributable to McGraw Hill Financial, Inc. common shareholders:          
Income (loss) from continuing operations 248 (1,009) 1,156 (293) 783
Income from discontinued operations   163 0 178 593
Net income (loss) attributable to McGraw Hill Financial, Inc. $ 248 $ (846) $ 1,156 $ (115) $ 1,376
Income (loss) from continuing operations:          
Basic (in dollars per share) $ 0.92 $ (3.71) $ 4.26 $ (1.08) $ 2.85
Diluted (in dollars per share) 0.91 (3.71) 4.21 (1.08) 2.80
Income from discontinued operations:          
Basic (in dollars per share)   0.60 0.00 0.66 2.16
Diluted (in dollars per share)   0.60 0.00 0.66 2.12
Net income (loss):          
Basic (in dollars per share) 0.92 (3.11) 4.26 (0.42) 5.01
Diluted (in dollars per share) $ 0.91 $ (3.11) $ 4.21 $ (0.42) $ 4.91
Weighted-average number of common shares outstanding:          
Basic (in shares)     271.6 271.5 274.5
Diluted (in shares)     274.6 271.5 279.8
Actual shares outstanding at year end (in shares) 265.2 272.0 265.2 272.0 270.4
Dividend declared per common share (in dollars per share)     $ 1.32 $ 1.20 $ 1.12