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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities:      
Net income $ 1,638 $ 2,228 $ 1,268
Adjustments to reconcile net income to cash provided by operating activities from continuing operations:      
Depreciation 82 85 90
Amortization of intangibles 98 96 67
Provision for losses on accounts receivable 16 9 8
Deferred income taxes 0 79 280
Stock-based compensation 99 76 78
Gain on dispositions 0 (1,101) (11)
Accrued legal and regulatory settlements 55 54 119
Other 96 30 57
Changes in operating assets and liabilities, net of effect of acquisitions and dispositions:      
Accounts receivable (196) (177) (118)
Prepaid and other current assets 10 5 5
Accounts payable and accrued expenses 75 19 (9)
Unearned revenue 85 107 129
Accrued legal and regulatory settlements (4) (150) (1,624)
Other current liabilities (85) (19) (77)
Net change in prepaid/accrued income taxes 32 174 129
Net change in other assets and liabilities 15 45 (35)
Cash provided by operating activities from continuing operations 2,016 1,560 356
Investing Activities:      
Capital expenditures (123) (115) (139)
Acquisitions, net of cash acquired (83) (177) (2,396)
Proceeds from dispositions 2 1,498 14
Changes in short-term investments (5) (1) (4)
Cash (used for) provided by investing activities from continuing operations (209) 1,205 (2,525)
Financing Activities:      
(Payments on)/additions to short-term debt, net 0 (143) 143
Proceeds from issuance of senior notes, net 0 493 2,674
Payments on senior notes 0 (421) 0
Dividends paid to shareholders (421) (380) (363)
Distributions to noncontrolling interest holders (111) (116) (104)
Repurchase of treasury shares (1,001) (1,123) (974)
Exercise of stock options 75 88 86
Contingent consideration payments 0 (39) (5)
Purchase of additional CRISIL shares 0 0 (16)
Employee withholding tax on share-based payments (49) (55) (92)
Cash (used for) provided by financing activities from continuing operations (1,507) (1,696) 1,349
Effect of exchange rate changes on cash 87 (158) (67)
Cash provided by continuing operations 387 911 (887)
Discontinued Operations:      
Cash used for operating activities 0 0 (129)
Cash used for discontinued operations 0 0 (129)
Net change in cash and cash equivalents 387 911 (1,016)
Cash and cash equivalents at beginning of year 2,392 1,481 2,497
Cash and cash equivalents at end of year 2,779 2,392 1,481
Cash paid during the year for:      
Interest (including discontinued operations) 139 150 65
Income taxes (including discontinued operations) $ 709 $ 683 $ 260