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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Revenue $ 1,342 $ 1,302 $ 2,615 $ 2,498
Expenses:        
Operating-related expenses 406 407 812 803
Selling and general expenses 332 376 665 724
Depreciation 22 22 43 42
Amortization of intangibles 11 12 23 24
Total expenses 771 817 1,543 1,593
Other (income) loss (11) 9 (11) 9
Operating profit 582 476 1,083 896
Interest expense, net 16 14 32 28
Income from continuing operations before taxes on income 566 462 1,051 868
Provision for taxes on income 185 152 340 290
Income from continuing operations 381 310 711 578
Income from discontinued operations, net of tax 0 6 0 12
Net income 381 316 711 590
Less: net income from continuing operations attributable to noncontrolling interests (28) (24) (55) (50)
Net income 353 292 656 540
Amounts attributable to McGraw Hill Financial, Inc. common shareholders:        
Income from continuing operations 353 286 656 528
Income from discontinued operations 0 6 0 12
Net income $ 353 $ 292 $ 656 $ 540
Income from continuing operations:        
Basic (in dollars per share) $ 1.29 $ 1.05 $ 2.40 $ 1.94
Diluted (in dollars per share) 1.28 1.04 2.38 1.91
Income from discontinued operations:        
Basic (in dollars per share) 0.00 0.02 0.00 0.05
Diluted (in dollars per share) 0.00 0.02 0.00 0.05
Net income:        
Basic (in dollars per share) 1.29 1.08 2.40 1.99
Diluted (in dollars per share) $ 1.28 $ 1.06 $ 2.38 $ 1.95
Weighted-average number of common shares outstanding:        
Basic (in shares) 273.1 271.5 273.3 271.7
Diluted (in shares) 275.7 276.1 276.0 276.7
Dividend declared per common share (in usd per share) $ 0.33 $ 0.30 $ 0.66 $ 0.60