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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities:      
Net income (loss) $ 2,228 $ 1,268 $ (13)
Less: income from discontinued operations 0 0 178
Net income (loss) from continuing operations 2,228 1,268 (191)
Adjustments to reconcile income (loss) from continuing operations to cash provided by operating activities from continuing operations:      
Depreciation 85 90 86
Current year amortization 96 67 48
Provision for losses on accounts receivable 9 8 11
Deferred income taxes 79 280 (245)
Stock-based compensation 76 78 100
Gain on dispositions (1,101) (11) 9
Accrued legal and regulatory settlements 54 119 1,587
Other 30 57 71
Changes in operating assets and liabilities, net of effect of acquisitions and dispositions:      
Accounts receivable (177) (118) (9)
Prepaid and other current assets (2) (4) (7)
Accounts payable and accrued expenses (26) (92) (130)
Unearned revenue 107 129 78
Accrued legal and regulatory settlements (150) (1,624) (35)
Other current liabilities (21) (78) (16)
Net change in prepaid / accrued income taxes 132 61 (93)
Net change in other assets and liabilities 45 (35) (55)
Cash provided by operating activities from continuing operations 1,464 195 1,209
Investing Activities:      
Capital expenditures (115) (139) (92)
Acquisitions, net of cash acquired (177) (2,396) (71)
Proceeds from dispositions 1,498 14 83
Changes in short-term investments (1) (4) 15
Cash provided by (used for) investing activities from continuing operations 1,205 (2,525) (65)
Financing Activities:      
(Payments on) / additions to short-term debt, net (143) 143 0
Proceeds from issuance of senior notes, net 493 2,674 0
Payments on senior notes (421) 0 0
Dividends paid to shareholders (380) (363) (326)
Dividends and other payments paid to noncontrolling interests (116) (104) (84)
Repurchase of treasury shares (1,123) (974) (362)
Exercise of stock options 88 86 193
Contingent consideration payments (39) (5) (11)
Purchase of additional CRISIL shares 0 (16) 0
Excess tax benefits from share-based payments 41 69 128
Cash (used for) provided by financing activities from continuing operations (1,600) 1,510 (462)
Effect of exchange rate changes on cash from continuing operations (158) (67) (65)
Cash provided by (used for) continuing operations 911 (887) 617
Discontinued Operations:      
Cash (used for) provided by operating activities 0 (129) 18
Cash provided by investing activities 0 0 320
Cash (used for) provided by discontinued operations 0 (129) 338
Net change in cash and cash equivalents 911 (1,016) 955
Cash and cash equivalents at beginning of year 1,481 2,497 1,542
Cash and cash equivalents at end of year 2,392 1,481 2,497
Cash paid during the year for:      
Interest (including discontinued operations) 150 65 50
Income taxes (including discontinued operations) $ 683 $ 260 $ 419