XML 91 R51.htm IDEA: XBRL DOCUMENT v2.4.0.6
Taxes on Income (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income before taxes domestic and foreign operations      
Domestic operations $ 841 $ 700 $ 699
Foreign operations 289 300 244
Total continuing income before taxes 1,130 1,000 943
Federal:      
Current 194 238 159
Deferred 74 (6) 37
Total federal 268 232 196
Foreign:      
Current 91 93 109
Deferred (9) 13 (14)
Total foreign 82 106 95
State and local:      
Current 40 36 49
Deferred 14 0 4
Total state and local 54 36 53
Total provision for taxes for continuing operations 404 374 344
Provision for discontinued operations 11 164 143
Total provision for taxes $ 415 $ 538 $ 487
Reconciliation of federal statutory income tax rate      
U.S. federal statutory income tax rate 35.00% 35.00% 35.00%
Effect of state and local income taxes 3.60% 2.40% 4.60%
Foreign operations (2.60%) (3.00%) (1.60%)
S&P Dow Jones Indices LLC joint venture (1.10%) 0.00% 0.00%
Other, net 0.90% 3.00% (1.60%)
Effective income tax rate for continuing operations 35.80% 37.40% 36.40%