v2.4.0.8
Deferred Revenue (Changes in Deferred Revenue) (Details) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Deferred Revenue Arrangement [Line Items]    
Balance $ 295 $ 278
Additions 411 [1] 316 [1]
Amortization (372) [1] (275) [1]
Translation adjustment 5 6
Balance 339 325
Initial Listing Revenues [Member]
   
Deferred Revenue Arrangement [Line Items]    
Balance 36 39
Additions 12 [1] 8 [1]
Amortization (10) [1] (11) [1]
Balance 38 36
Listing of Additional Shares Revenues [Member]
   
Deferred Revenue Arrangement [Line Items]    
Balance 78 86
Additions 28 [1] 22 [1]
Amortization (30) [1] (29) [1]
Balance 76 79
Annual Renewal and Other Revenues [Member]
   
Deferred Revenue Arrangement [Line Items]    
Balance 32 25
Additions 215 [1] 213 [1]
Amortization (177) [1] (170) [1]
Translation adjustment (6) 1
Balance 64 69
Technology Solutions [Member]
   
Deferred Revenue Arrangement [Line Items]    
Balance 149 [2] 128 [2]
Additions 156 [1],[2] 73 [1],[2]
Amortization (155) [1],[2] (65) [1],[2]
Translation adjustment 11 [2] 5 [2]
Balance $ 161 [2],[3] $ 141 [2]
[1] The additions and amortization for initial listing revenues, listing of additional shares revenues and annual renewal and other revenues primarily reflect revenues from our U.S. listing services business.
[2] Technology Solutions deferred revenues primarily include revenues from our Market Technology delivered client contracts in the support phase charged during the period and our Corporate Solutions subscription based contracts. For our Market Technology contracts, where customization and significant modifications to the software are made to meet the needs of our customers, total revenues, as well as costs incurred, are deferred until significant modifications are completed and delivered. Once delivered, deferred revenue and the related deferred costs are recognized over the post contract support period. For these Market Technology contracts, we have included the deferral of costs in other current assets and other non-current assets in the Condensed Consolidated Balance Sheets. The amortization of Technology Solutions deferred revenue primarily includes revenues earned from Market Technology client contracts and Corporate Solutions subscription based contracts recognized during the period.
[3] The timing of recognition of our deferred Technology Solutions revenues is primarily dependent upon the completion of customization and any significant modifications made pursuant to existing Market Technology contracts and the timing of Corporate Solutions subscription-based contracts. As such, as it relates to Market Technology revenues, the timing represents our best estimate.