Acquisitions and Divestitures (Tables)

3 Months Ended

Mar. 31, 2013

Business Combinations [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The key components of income (loss) from discontinued operations for the three months ended March 31 consist of the following:

(in millions)	2013			2012
Revenue	$	268		$	295
Expenses	314			357
Operating loss	(46		)	(62		)
Interest expense (income), net	1			(1		)
Loss before taxes on loss	(47		)	(61		)
Benefit for taxes on loss	(16		)	(25		)
Loss from discontinued operations, net of tax	(31		)	(36		)
Pre-tax gain on sale from discontinued operations	920			—
Provision for taxes on income	308			—
Gain on sale of discontinued operations, net of tax	612			—
Discontinued operations, net	581			(36		)
Less: net loss attributable to noncontrolling interests	1			1
Income (loss) from discontinued operations attributable to The McGraw-Hill Companies, Inc. common shareholders	$	582		$	(35	)

The components of assets and liabilities classified as held for sale in the consolidated balance sheet consist of the following:

(in millions)	December 31, 2012
Accounts receivable, net	$	333
Property and equipment, net	122
Goodwill	469
Other intangible assets, net	156
Inventories, net	235
Prepublication costs	304
Other assets	321
Assets held for sale	$	1,940
Accounts payable and accrued expenses	$	123
Unearned revenue	192
Other liabilities	349
Liabilities held for sale	$	664