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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue:    
Product$ 940.5$ 1,058.4$ 1,761.4$ 1,914.2
Service967.5897.82,965.02,662.4
Total revenue1,908.01,956.24,726.44,576.6
Operating-related expenses:    
Product374.5408.4785.9840.4
Service336.6299.61,021.6879.9
Total operating-related expenses711.1708.01,807.51,720.3
Selling and general expenses552.2597.61,635.11,619.5
Depreciation23.123.373.572.2
Amortization of intangibles14.88.443.430.3
Total expenses1,301.21,337.33,559.53,442.3
Other income0(11.1)(13.2)(11.1)
Operating Income606.8630.01,180.11,145.4
Interest expense, net18.119.356.862.2
Income from continuing operations before taxes on income588.7610.71,123.31,083.2
Provision for taxes on income213.7221.7407.8393.2
Income from continuing operations375.0389.0715.5690.0
(Loss) income from discontinued operations, net of tax(1.1)0.7(1.7)0.9
Net income373.9389.7713.8690.9
Less: net income attributable to noncontrolling interests(8.3)(9.8)(17.2)(16.7)
Net income attributable to The McGraw-Hill Companies, Inc.365.6379.9696.6674.2
Amounts attributable to The McGraw-Hill Companies, Inc. common shareholders:    
Income from continuing operations366.7379.2698.3673.3
(Loss) income from discontinued operations, net of tax(1.1)0.7(1.7)0.9
Net income$ 365.6$ 379.9$ 696.6$ 674.2
Basic:    
Income from continuing operations$ 1.23$ 1.23$ 2.31$ 2.17
(Loss) income from discontinued operations, net of tax$ 0$ 0.01$ 0$ 0
Net income$ 1.23$ 1.24$ 2.31$ 2.17
Diluted:    
Income from continuing operations$ 1.21$ 1.23$ 2.27$ 2.15
(Loss) income from discontinued operations, net of tax$ 0$ 0$ 0$ 0
Net income$ 1.21$ 1.23$ 2.27$ 2.15
Average number of common shares outstanding:    
Basic297.8307.2302.2310.6
Diluted303.6309.3307.4312.9
Dividend declared per common share$ 0.25$ 0.235$ 0.75$ 0.705