XML 51 R15.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Earnings Per Share | 3 Months Ended
--- | ---
Mar. 31, 2015
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Basic earnings per common share (“EPS”) is computed by dividing net income attributable to the common shareholders of the Company by the weighted-average number of common shares outstanding. Diluted EPS is computed in the same manner as basic EPS, except the number of shares is increased to include additional common shares that would have been outstanding if potential common shares with a dilutive effect had been issued. Potential common shares consist primarily of stock options and restricted performance shares calculated using the treasury stock method. The calculation for basic and diluted EPS for the three months ended March 31 is as follows:
(in millions, except per share amounts) | 2015 |  | 2014
Amounts attributable to McGraw Hill Financial, Inc. common shareholders: |  |  |
Income from continuing operations | $ | 303 |  |  | $ | 241 |
Income from discontinued operations | — |  |  | 7 |
Net income | $ | 303 |  |  | $ | 248 |
Basic weighted-average number of common shares outstanding | 273.5 |  |  | 271.8 |
Effect of stock options and other dilutive securities | 2.8 |  |  | 5.4 |
Diluted weighted-average number of common shares outstanding | 276.3 |  |  | 277.2 |
Earnings per share attributable to McGraw Hill Financial, Inc. common shareholders: |  |  |
Income from continuing operations: |  |  |
Basic | $ | 1.11 |  |  | $ | 0.89 |
Diluted | $ | 1.10 |  |  | $ | 0.87 |
Income from discontinued operations: |  |  |
Basic | $ | — |  |  | $ | 0.02 |
Diluted | $ | — |  |  | $ | 0.02 |
Net income: |  |  |
Basic | $ | 1.11 |  |  | $ | 0.91 |
Diluted | $ | 1.10 |  |  | $ | 0.89 |
Each period we have certain stock options and restricted performance shares that are excluded from the computation of diluted EPS. The effect of the potential exercise of stock options is excluded when the average market price of our common stock is lower than the exercise price of the related option during the period because the effect would have been antidilutive. Additionally, restricted performance shares are excluded because the necessary vesting conditions had not been met. For the three months ended March 31, 2015 and 2014, there were no stock options excluded. Restricted performance shares outstanding of 1.4 million and 0.9 million as of March 31, 2015 and 2014, respectively, were excluded.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration