XML 78 R57.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidating Financial Statements (Balance Sheet) (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Dec. 31, 2014
Assets, Current [Abstract]        
Cash and cash equivalents $ 1,600 $ 1,481 $ 1,176 $ 2,497
Accounts receivable, net of allowance for doubtful accounts 978 991    
Intercompany receivable 0 0    
Deferred income taxes 110 109    
Prepaid and other current assets 189 212    
Assets of businesses held for sale 571 503    
Total current assets 3,448 3,296    
Property and equipment, net of accumulated depreciation 251 270    
Goodwill 2,869 2,882    
Other intangible assets, net 1,488 1,522    
Investments in subsidiaries 0 0    
Intercompany loans receivable 0 0    
Other non-current assets 205 213    
Total assets 8,261 8,183    
Current liabilities:        
Accounts payable 168 206    
Intercompany payable 0 0    
Accrued compensation and contributions to retirement plans 193 383    
Short-term debt 472 143    
Unearned revenue 1,458 1,421    
Other current liabilities 488 549    
Liabilities of businesses held for sale 203 206    
Total current liabilities 2,982 2,908    
Long-term debt 3,469 3,468    
Intercompany loans payable 0 0    
Pension and other postretirement benefits 267 276    
Other non-current liabilities 353 368    
Total liabilities 7,071 7,020    
Redeemable noncontrolling interest (Note 8) 920 920    
Equity:        
Common stock 412 412    
Additional paid-in capital 422 475    
Retained income 7,838 7,636    
Accumulated other comprehensive loss (580) (600)    
Less: common stock in treasury (7,870) (7,729)    
Total equity — controlling interests 222 194    
Total equity - noncontrolling interests 48 49    
Total equity 270 243    
Total liabilities and equity 8,261 8,183    
Eliminations        
Assets, Current [Abstract]        
Cash and cash equivalents 0 0 0 0
Accounts receivable, net of allowance for doubtful accounts 0 0    
Intercompany receivable (3,715) (3,353)    
Deferred income taxes 0 0    
Prepaid and other current assets 0 (1)    
Assets of businesses held for sale 0 0    
Total current assets (3,715) (3,354)    
Property and equipment, net of accumulated depreciation 0 0    
Goodwill 9 9    
Other intangible assets, net 1 0    
Investments in subsidiaries (12,926) (12,626)    
Intercompany loans receivable (2,133) (2,117)    
Other non-current assets 0 0    
Total assets (18,764) (18,088)    
Current liabilities:        
Accounts payable 0 0    
Intercompany payable (3,715) (3,354)    
Accrued compensation and contributions to retirement plans 0 0    
Short-term debt 0 0    
Unearned revenue 0 (1)    
Other current liabilities 0 0    
Liabilities of businesses held for sale 0 0    
Total current liabilities (3,715) (3,355)    
Long-term debt 0 0    
Intercompany loans payable (2,132) (2,117)    
Pension and other postretirement benefits 0 0    
Other non-current liabilities 0 0    
Total liabilities (5,847) (5,472)    
Redeemable noncontrolling interest (Note 8) 920 920    
Equity:        
Common stock (2,336) (2,337)    
Additional paid-in capital (10,638) (10,694)    
Retained income (967) (609)    
Accumulated other comprehensive loss 45 44    
Less: common stock in treasury 12 12    
Total equity — controlling interests (13,884) (13,584)    
Total equity - noncontrolling interests 47 48    
Total equity (13,837) (13,536)    
Total liabilities and equity (18,764) (18,088)    
McGraw Hill Financial, Inc.        
Assets, Current [Abstract]        
Cash and cash equivalents 171 167 80 1,402
Accounts receivable, net of allowance for doubtful accounts 122 116    
Intercompany receivable 206 208    
Deferred income taxes 74 75    
Prepaid and other current assets 69 120    
Assets of businesses held for sale 16 4    
Total current assets 658 690    
Property and equipment, net of accumulated depreciation 127 141    
Goodwill 17 17    
Other intangible assets, net 0 0    
Investments in subsidiaries 4,990 4,651    
Intercompany loans receivable 17 16    
Other non-current assets 68 67    
Total assets 5,877 5,582    
Current liabilities:        
Accounts payable 59 71    
Intercompany payable 2,191 2,144    
Accrued compensation and contributions to retirement plans 88 127    
Short-term debt 472 143    
Unearned revenue 269 254    
Other current liabilities 202 191    
Liabilities of businesses held for sale 82 80    
Total current liabilities 3,363 3,010    
Long-term debt 3,469 3,468    
Intercompany loans payable 20 21    
Pension and other postretirement benefits 218 230    
Other non-current liabilities (25) (25)    
Total liabilities $ 7,045 6,704    
Redeemable noncontrolling interest (Note 8) 0    
Equity:        
Common stock $ 412 412    
Additional paid-in capital (240) (184)    
Retained income 6,844 6,701    
Accumulated other comprehensive loss (314) (322)    
Less: common stock in treasury (7,870) (7,729)    
Total equity — controlling interests (1,168) (1,122)    
Total equity - noncontrolling interests 0 0    
Total equity (1,168) (1,122)    
Total liabilities and equity 5,877 5,582    
Standard & Poor's Financial Services, LLC        
Assets, Current [Abstract]        
Cash and cash equivalents 0 0 0 0
Accounts receivable, net of allowance for doubtful accounts 166 319    
Intercompany receivable 1,782 1,872    
Deferred income taxes 10 10    
Prepaid and other current assets 16 13    
Assets of businesses held for sale 0 0    
Total current assets 1,974 2,214    
Property and equipment, net of accumulated depreciation 1 3    
Goodwill 0 40    
Other intangible assets, net 0 0    
Investments in subsidiaries 671 659    
Intercompany loans receivable 371 368    
Other non-current assets 19 19    
Total assets 3,036 3,303    
Current liabilities:        
Accounts payable 23 54    
Intercompany payable 646 675    
Accrued compensation and contributions to retirement plans 10 89    
Short-term debt 0 0    
Unearned revenue 212 586    
Other current liabilities (40) 65    
Liabilities of businesses held for sale 0 0    
Total current liabilities 851 1,469    
Long-term debt 0 0    
Intercompany loans payable 0 0    
Pension and other postretirement benefits 0 0    
Other non-current liabilities 86 98    
Total liabilities $ 937 1,567    
Redeemable noncontrolling interest (Note 8) 0    
Equity:        
Common stock $ 0 0    
Additional paid-in capital 126 1,179    
Retained income 1,973 557    
Accumulated other comprehensive loss 0 0    
Less: common stock in treasury 0 0    
Total equity — controlling interests 2,099 1,736    
Total equity - noncontrolling interests 0 0    
Total equity 2,099 1,736    
Total liabilities and equity 3,036 3,303    
Non-Guarantor Subsidiaries        
Assets, Current [Abstract]        
Cash and cash equivalents 1,429 1,314 $ 1,096 $ 1,095
Accounts receivable, net of allowance for doubtful accounts 690 556    
Intercompany receivable 1,727 1,273    
Deferred income taxes 26 24    
Prepaid and other current assets 104 80    
Assets of businesses held for sale 555 499    
Total current assets 4,531 3,746    
Property and equipment, net of accumulated depreciation 123 126    
Goodwill 2,843 2,816    
Other intangible assets, net 1,487 1,522    
Investments in subsidiaries 7,265 7,316    
Intercompany loans receivable 1,745 1,733    
Other non-current assets 118 127    
Total assets 18,112 17,386    
Current liabilities:        
Accounts payable 86 81    
Intercompany payable 878 535    
Accrued compensation and contributions to retirement plans 95 167    
Short-term debt 0 0    
Unearned revenue 977 582    
Other current liabilities 326 293    
Liabilities of businesses held for sale 121 126    
Total current liabilities 2,483 1,784    
Long-term debt 0 0    
Intercompany loans payable 2,112 2,096    
Pension and other postretirement benefits 49 46    
Other non-current liabilities 292 295    
Total liabilities $ 4,936 4,221    
Redeemable noncontrolling interest (Note 8) 0    
Equity:        
Common stock $ 2,336 2,337    
Additional paid-in capital 11,174 10,174    
Retained income (12) 987    
Accumulated other comprehensive loss (311) (322)    
Less: common stock in treasury (12) (12)    
Total equity — controlling interests 13,175 13,164    
Total equity - noncontrolling interests 1 1    
Total equity 13,176 13,165    
Total liabilities and equity $ 18,112 $ 17,386