XML 50 R40.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | Quarterly Financial Information (Unaudited)
(in millions, except per share data) | First quarter |  | Second quarter |  | Third quarter |  | Fourth quarter |  | Total year
2014 |  |  |  |  |  |  |  |  |
Revenue | $ | 1,196 |  |  | $ | 1,302 |  |  | $ | 1,263 |  |  | $ | 1,290 |  |  | $ | 5,051 |
Operating profit (loss) | $ | 420 |  |  | $ | 476 |  |  | $ | 366 |  |  | $ | (1,148 | ) |  | $ | 113 |
Income (loss) from continuing operations | $ | 268 |  |  | $ | 310 |  |  | $ | 215 |  |  | $ | (984 | ) |  | $ | (191 | )
Income from discontinued operations | $ | 7 |  |  | $ | 6 |  |  | $ | 2 |  |  | $ | 163 |  |  | $ | 178 |
Net income (loss) | $ | 275 |  |  | $ | 316 |  |  | $ | 217 |  |  | $ | (821 | ) |  | $ | (13 | )
Net income (loss) attributable to McGraw Hill Financial common shareholders: |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 241 |  |  | $ | 286 |  |  | $ | 188 |  |  | $ | (1,009 | ) |  | $ | (293 | )
Income from discontinued operations | 7 |  |  | 6 |  |  | 2 |  |  | 163 |  |  | 178 |
Net income (loss) | $ | 248 |  |  | $ | 292 |  |  | $ | 190 |  |  | $ | (846 | ) |  | $ | (115 | )
Earnings (loss) per share attributable to McGraw Hill Financial, Inc. common shareholders: |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations: |  |  |  |  |  |  |  |  |
Basic | $ | 0.89 |  |  | $ | 1.05 |  |  | $ | 0.69 |  |  | $ | (3.71 | ) |  | $ | (1.08 | )
Diluted | $ | 0.87 |  |  | $ | 1.04 |  |  | $ | 0.68 |  |  | $ | (3.71 | ) |  | $ | (1.08 | )
Income from discontinued operations: |  |  |  |  |  |  |  |  |
Basic | $ | 0.02 |  |  | $ | 0.02 |  |  | $ | 0.01 |  |  | $ | 0.60 |  |  | $ | 0.66 |
Diluted | $ | 0.02 |  |  | $ | 0.02 |  |  | $ | 0.01 |  |  | $ | 0.60 |  |  | $ | 0.66 |
Net income (loss): |  |  |  |  |  |  |  |  |
Basic | $ | 0.91 |  |  | $ | 1.08 |  |  | $ | 0.70 |  |  | $ | (3.11 | ) |  | $ | (0.42 | )
Diluted | $ | 0.89 |  |  | $ | 1.06 |  |  | $ | 0.69 |  |  | $ | (3.11 | ) |  | $ | (0.42 | )
2013 |  |  |  |  |  |  |  |  |
Revenue | $ | 1,140 |  |  | $ | 1,205 |  |  | $ | 1,152 |  |  | $ | 1,206 |  |  | $ | 4,702 |
Operating profit | $ | 269 |  |  | $ | 423 |  |  | $ | 395 |  |  | $ | 271 |  |  | $ | 1,358 |
Income from continuing operations | $ | 168 |  |  | $ | 266 |  |  | $ | 258 |  |  | $ | 182 |  |  | $ | 874 |
Income (loss) from discontinued operations | $ | 587 |  |  | $ | 11 |  |  | $ | (13 | ) |  | $ | 6 |  |  | $ | 592 |
Net income | $ | 755 |  |  | $ | 277 |  |  | $ | 245 |  |  | $ | 188 |  |  | $ | 1,466 |
Net income attributable to McGraw Hill Financial common shareholders: |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 147 |  |  | $ | 243 |  |  | $ | 228 |  |  | $ | 165 |  |  | $ | 783 |
Income (loss) from discontinued operations | 588 |  |  | 11 |  |  | (13 | ) |  | 6 |  |  | 593 |
Net income | $ | 735 |  |  | $ | 254 |  |  | $ | 215 |  |  | $ | 171 |  |  | $ | 1,376 |
Earnings (loss) per share attributable to McGraw Hill Financial, Inc. common shareholders: |  |  |  |  |  |  |  |  |
Income from continuing operations: |  |  |  |  |  |  |  |  |
Basic | $ | 0.52 |  |  | $ | 0.88 |  |  | $ | 0.83 |  |  | $ | 0.61 |  |  | $ | 2.85 |
Diluted | $ | 0.52 |  |  | $ | 0.87 |  |  | $ | 0.82 |  |  | $ | 0.60 |  |  | $ | 2.80 |
Income (loss) from discontinued operations: |  |  |  |  |  |  |  |  |
Basic | $ | 2.10 |  |  | $ | 0.04 |  |  | $ | (0.05 | ) |  | $ | 0.02 |  |  | $ | 2.16 |
Diluted | $ | 2.07 |  |  | $ | 0.04 |  |  | $ | (0.05 | ) |  | $ | 0.02 |  |  | $ | 2.12 |
Net income: |  |  |  |  |  |  |  |  |
Basic | $ | 2.62 |  |  | $ | 0.93 |  |  | $ | 0.79 |  |  | $ | 0.63 |  |  | $ | 5.01 |
Diluted | $ | 2.59 |  |  | $ | 0.91 |  |  | $ | 0.77 |  |  | $ | 0.62 |  |  | $ | 4.91 |
Note - Totals presented may not sum due to rounding.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration