XML 159 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,408 $ 2,130
Short-term investments 566 63
Accounts receivable, net of allowances for credit losses of $32 in 2024 and $35 in 2023 1,801 1,659
Other current assets 515 489
Total current assets 5,290 4,341
Property and equipment, net of accumulated depreciation of $1,453 in 2024 and $1,272 in 2023 656 603
Operating lease right-of-use assets 216 277
Goodwill 5,994 5,956
Intangible assets, net 1,890 2,049
Deferred tax assets, net 293 258
Other assets 1,166 1,138
Total assets 15,505 14,622
Current liabilities:    
Accounts payable and accrued liabilities 1,344 1,076
Current portion of operating lease liabilities 102 108
Current portion of long-term debt 697 0
Deferred revenue 1,454 1,316
Total current liabilities 3,597 2,500
Non-current portion of deferred revenue 57 65
Total long-term debt 6,731 7,001
Deferred tax liabilities, net 449 402
Uncertain tax positions 211 196
Operating lease liabilities 216 306
Other liabilities 517 676
Total liabilities 11,778 11,146
Contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Capital surplus 1,451 1,228
Retained earnings 16,071 14,659
Treasury stock, at cost; 162,593,213 and 160,430,754 shares of common stock at December 31, 2024 and December 31, 2023, respectively (13,322) (12,005)
Accumulated other comprehensive loss (638) (567)
Total Moody’s shareholders’ equity 3,565 3,318
Noncontrolling interests 162 158
Total shareholders’ equity 3,727 3,476
Total liabilities and shareholders’ equity 15,505 14,622
Series Common Stock    
Shareholders’ equity:    
Common stock 0 0
Common Stock    
Shareholders’ equity:    
Common stock $ 3 $ 3