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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Reconciliation of the number of shares used for calculating basic and diluted earnings per common share
The calculation for basic and diluted EPS for the three months ended March 31 is as follows: 
(in millions, except per share amounts)
2013
 
2012
Amounts attributable to The McGraw-Hill Companies, Inc. common shareholders:
 
 
 
Income from continuing operations
$
153

 
$
158

Income (loss) from discontinued operations
582

 
(35
)
Net income attributable to the Company
$
735

 
$
123

 
 
 
 
Basic weighted-average number of common shares outstanding
280.5

 
278.0

Effect of stock options and other dilutive securities
3.8

 
5.8

Diluted weighted-average number of common shares outstanding
284.3

 
283.8

 
 
 
 
Basic EPS:
 
 
 
Income from continuing operations
$
0.55

 
$
0.57

Income (loss) from discontinued operations
2.07

 
(0.13
)
Net income
$
2.62

 
$
0.44

Diluted EPS:
 
 
 
Income from continuing operations
$
0.54

 
$
0.56

Income (loss) from discontinued operations
2.05

 
(0.13
)
Net income
$
2.59

 
$
0.43