XML 109 R93.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidating Financial Statements - Balance Sheet (Details) - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Current assets:        
Cash and cash equivalents $ 1,917 $ 2,777    
Restricted cash 41 2    
Accounts receivable, net of allowance for doubtful accounts 1,449 1,319    
Intercompany receivable 0 0    
Prepaid and other current assets 197 226    
Total current assets 3,604 4,324    
Property and equipment, net of accumulated depreciation 270 275    
Goodwill 3,535 2,989 $ 2,949  
Other intangible assets, net 1,524 1,388    
Investments in subsidiaries 0 0    
Intercompany loans receivable 0 0    
Other non-current assets 525 449    
Total assets 9,458 9,425    
Current liabilities:        
Accounts payable 211 195    
Intercompany payable 0 0    
Accrued compensation and contributions to retirement plans 354 472    
Short-term debt 0 399    
Income taxes currently payable 72 77    
Unearned revenue 1,641 1,613    
Accrued legal and regulatory settlements 1 107    
Other current liabilities 350 351    
Total current liabilities 2,629 3,214    
Long-term debt 3,662 3,170    
Intercompany loans payable 0 0    
Pension and other postretirement benefits 229 244    
Other non-current liabilities 634 679    
Total liabilities 7,154 7,307    
Redeemable noncontrolling interest 1,620 1,352    
Equity:        
Common stock 294 412    
Additional paid-in capital 833 525    
Retained income 11,284 10,023    
Accumulated other comprehensive loss (742) (649)    
Less: common stock in treasury (11,041) (9,602)    
Total equity – controlling interests 628 709    
Total equity – noncontrolling interests 56 57    
Total equity 684 766 $ 701 $ 243
Total liabilities and equity 9,458 9,425    
Eliminations        
Current assets:        
Cash and cash equivalents 0 0    
Restricted cash 0 0    
Accounts receivable, net of allowance for doubtful accounts 0 0    
Intercompany receivable (5,561) (5,079)    
Prepaid and other current assets 0 0    
Total current assets (5,561) (5,079)    
Property and equipment, net of accumulated depreciation 0 0    
Goodwill 9 9    
Other intangible assets, net 0 0    
Investments in subsidiaries (16,635) (16,397)    
Intercompany loans receivable (1,773) (1,815)    
Other non-current assets 0 (1)    
Total assets (23,960) (23,283)    
Current liabilities:        
Accounts payable 0 0    
Intercompany payable (5,561) (5,079)    
Accrued compensation and contributions to retirement plans 0 0    
Short-term debt   0    
Income taxes currently payable 0 0    
Unearned revenue 0 0    
Accrued legal and regulatory settlements 0 0    
Other current liabilities 0 0    
Total current liabilities (5,561) (5,079)    
Long-term debt 0 0    
Intercompany loans payable (1,773) (1,816)    
Pension and other postretirement benefits 0 0    
Other non-current liabilities 0 0    
Total liabilities (7,334) (6,895)    
Redeemable noncontrolling interest 1,620 1,352    
Equity:        
Common stock (2,279) (2,318)    
Additional paid-in capital (9,641) (9,117)    
Retained income (6,439) (6,431)    
Accumulated other comprehensive loss 46 46    
Less: common stock in treasury 12 23    
Total equity – controlling interests (18,301) (17,797)    
Total equity – noncontrolling interests 55 57    
Total equity (18,246) (17,740)    
Total liabilities and equity (23,960) (23,283)    
S&P Global Inc. | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 694 632    
Restricted cash 0 0    
Accounts receivable, net of allowance for doubtful accounts 163 138    
Intercompany receivable 550 768    
Prepaid and other current assets 58 143    
Total current assets 1,465 1,681    
Property and equipment, net of accumulated depreciation 192 158    
Goodwill 261 261    
Other intangible assets, net 0 0    
Investments in subsidiaries 8,599 8,364    
Intercompany loans receivable 130 116    
Other non-current assets 194 215    
Total assets 10,841 10,795    
Current liabilities:        
Accounts payable 89 79    
Intercompany payable 4,453 3,433    
Accrued compensation and contributions to retirement plans 125 145    
Short-term debt   399    
Income taxes currently payable 1 2    
Unearned revenue 240 293    
Accrued legal and regulatory settlements 0 0    
Other current liabilities 180 136    
Total current liabilities 5,088 4,487    
Long-term debt 3,662 3,170    
Intercompany loans payable 114 101    
Pension and other postretirement benefits 162 180    
Other non-current liabilities 166 376    
Total liabilities 9,192 8,314    
Redeemable noncontrolling interest 0 0    
Equity:        
Common stock 294 412    
Additional paid-in capital 72 (216)    
Retained income 12,622 12,156    
Accumulated other comprehensive loss (299) (269)    
Less: common stock in treasury (11,040) (9,602)    
Total equity – controlling interests 1,649 2,481    
Total equity – noncontrolling interests 0 0    
Total equity 1,649 2,481    
Total liabilities and equity 10,841 10,795    
Standard & Poor's Financial Services LLC | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 0 0    
Restricted cash 0 0    
Accounts receivable, net of allowance for doubtful accounts 109 152    
Intercompany receivable 2,138 1,784    
Prepaid and other current assets 3 (3)    
Total current assets 2,250 1,933    
Property and equipment, net of accumulated depreciation 0 10    
Goodwill 0 0    
Other intangible assets, net 0 0    
Investments in subsidiaries 6 5    
Intercompany loans receivable 0 0    
Other non-current assets 45 61    
Total assets 2,301 2,009    
Current liabilities:        
Accounts payable 15 23    
Intercompany payable 32 492    
Accrued compensation and contributions to retirement plans 33 86    
Short-term debt   0    
Income taxes currently payable 0 0    
Unearned revenue 235 193    
Accrued legal and regulatory settlements 0 2    
Other current liabilities 16 21    
Total current liabilities 331 817    
Long-term debt 0 0    
Intercompany loans payable 0 0    
Pension and other postretirement benefits 0 0    
Other non-current liabilities 75 74    
Total liabilities 406 891    
Redeemable noncontrolling interest 0 0    
Equity:        
Common stock 0 0    
Additional paid-in capital 618 602    
Retained income 1,277 516    
Accumulated other comprehensive loss 0 0    
Less: common stock in treasury 0 0    
Total equity – controlling interests 1,895 1,118    
Total equity – noncontrolling interests 0 0    
Total equity 1,895 1,118    
Total liabilities and equity 2,301 2,009    
Non-Guarantor Subsidiaries | Reportable Legal Entities        
Current assets:        
Cash and cash equivalents 1,223 2,145    
Restricted cash 41 2    
Accounts receivable, net of allowance for doubtful accounts 1,177 1,029    
Intercompany receivable 2,873 2,527    
Prepaid and other current assets 136 86    
Total current assets 5,450 5,789    
Property and equipment, net of accumulated depreciation 78 107    
Goodwill 3,265 2,719    
Other intangible assets, net 1,524 1,388    
Investments in subsidiaries 8,030 8,028    
Intercompany loans receivable 1,643 1,699    
Other non-current assets 286 174    
Total assets 20,276 19,904    
Current liabilities:        
Accounts payable 107 93    
Intercompany payable 1,076 1,154    
Accrued compensation and contributions to retirement plans 196 241    
Short-term debt   0    
Income taxes currently payable 71 75    
Unearned revenue 1,166 1,127    
Accrued legal and regulatory settlements 1 105    
Other current liabilities 154 194    
Total current liabilities 2,771 2,989    
Long-term debt 0 0    
Intercompany loans payable 1,659 1,715    
Pension and other postretirement benefits 67 64    
Other non-current liabilities 393 229    
Total liabilities 4,890 4,997    
Redeemable noncontrolling interest 0 0    
Equity:        
Common stock 2,279 2,318    
Additional paid-in capital 9,784 9,256    
Retained income 3,824 3,782    
Accumulated other comprehensive loss (489) (426)    
Less: common stock in treasury (13) (23)    
Total equity – controlling interests 15,385 14,907    
Total equity – noncontrolling interests 1 0    
Total equity 15,386 14,907    
Total liabilities and equity $ 20,276 $ 19,904