10-Q Filing

MOODYS CORP /DE/ CIK: 1059556 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001059556-21-000015`
Period End Date	20210331
Filing Date	20210429
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	mco-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 40 Cash Flow Statement 70 Stockholders Equity 33 Comprehensive Income 56

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$34.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$31.00M	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$928.00M	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$946.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.60B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.77B	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$99.00M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$96.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $31 in 2021 and $34 in 2020	`AccountsReceivableNetCurrent`	$1.43B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $31 in 2021 and $34 in 2020	`AccountsReceivableNetCurrent`	$1.50B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$383.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$333.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.70B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.51B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $946 in 2021 and $928 in 2020	`PropertyPlantAndEquipmentNet`	$278.00M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $946 in 2021 and $928 in 2020	`PropertyPlantAndEquipmentNet`	$269.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$393.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	342.90M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$375.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	342.90M	shares	Point-in-time
Goodwill	`Goodwill`	$4.56B	USD	Point-in-time
Goodwill	`Goodwill`	$4.57B	USD	Point-in-time
Goodwill	`Goodwill`	$3.72B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.81B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	155.81M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.82B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	155.74M	shares	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$334.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$240.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$545.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$515.00M	USD	Point-in-time
Total assets	`Assets`	$12.41B	USD	Point-in-time
Total assets	`Assets`	$12.50B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.04B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$828.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$94.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$94.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.09B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.23B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.11B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.22B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.15B	USD	Point-in-time
Non-current portion of deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$98.00M	USD	Point-in-time
Non-current portion of deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$109.00M	USD	Point-in-time
Non-current portion of deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$96.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.34B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.42B	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$404.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$404.00M	USD	Point-in-time
Uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$483.00M	USD	Point-in-time
Uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$402.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$427.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$406.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$473.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$590.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.28B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.65B	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$3.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$3.00M	USD	Point-in-time
Capital surplus	`AdditionalPaidInCapitalCommonStock`	$735.00M	USD	Point-in-time
Capital surplus	`AdditionalPaidInCapitalCommonStock`	$739.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.01B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.63B	USD	Point-in-time
Treasury stock, at cost; 155,737,071 and 155,808,563 shares of common stock at March 31, 2021 and December 31, 2020	`TreasuryStockValue`	$9.90B	USD	Point-in-time
Treasury stock, at cost; 155,737,071 and 155,808,563 shares of common stock at March 31, 2021 and December 31, 2020	`TreasuryStockValue`	$9.75B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-432.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-440.00M	USD	Point-in-time
Total Moody's shareholders' equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Total Moody's shareholders' equity	`StockholdersEquity`	$2.03B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$195.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$194.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$831.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$799.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Total liabilities, noncontrolling interests and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$12.41B	USD	Point-in-time
Total liabilities, noncontrolling interests and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$12.50B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.29B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.60B	USD	1 Quarter
Operating	`CostOfRevenue`	$340.00M	USD	1 Quarter
Operating	`CostOfRevenue`	$393.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$293.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$301.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$59.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$49.00M	USD	1 Quarter
Restructuring	`RestructuringCharges`	$2.00M	USD	1 Quarter
Restructuring	`RestructuringCharges`	$-1.00M	USD	1 Quarter
Loss pursuant to the divestiture of MAKS	`GainLossOnSaleOfBusiness`	$-9.00M	USD	1 Quarter
Loss pursuant to the divestiture of MAKS	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$698.00M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$747.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$853.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$592.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-40.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-7.00M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$12.00M	USD	1 Quarter
Other non-operating income, net	`OtherNonoperatingIncomeExpense`	$16.00M	USD	1 Quarter
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$-28.00M	USD	1 Quarter
Total non-operating (expense) income, net	`NonoperatingIncomeExpense`	$9.00M	USD	1 Quarter
Income before provisions for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$862.00M	USD	1 Quarter
Income before provisions for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$564.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$77.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$126.00M	USD	1 Quarter
Net income	`ProfitLoss`	$736.00M	USD	1 Quarter
Net income	`ProfitLoss`	$487.00M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income attributable to Moody's	`NetIncomeLoss`	$488.00M	USD	1 Quarter
Net income attributable to Moody's	`NetIncomeLoss`	$736.00M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$3.93	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$2.60	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$3.90	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.57	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	187.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	188.60M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$736.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$487.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$59.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$49.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$37.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$45.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$44.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$57.00M	USD	1 Quarter
Loss pursuant to the divestiture of MAKS	`GainLossOnSaleOfBusiness`	$-9.00M	USD	1 Quarter
Loss pursuant to the divestiture of MAKS	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$71.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-67.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$38.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$30.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-206.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-198.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseinContractwithCustomerLiabilityExcludingEffectofExchangeRate`	$64.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseinContractwithCustomerLiabilityExcludingEffectofExchangeRate`	$146.00M	USD	1 Quarter
Unrecognized tax benefits and other non-current tax liabilities	`UnrecognizedTaxBenefitsAndOtherNonCurrentTaxLiabilitiesPeriodIncreaseDecrease`	$-78.00M	USD	1 Quarter
Unrecognized tax benefits and other non-current tax liabilities	`UnrecognizedTaxBenefitsAndOtherNonCurrentTaxLiabilitiesPeriodIncreaseDecrease`	$-18.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-36.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-99.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$676.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$345.00M	USD	1 Quarter
Capital additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.00M	USD	1 Quarter
Capital additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.00M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$78.00M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$65.00M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$45.00M	USD	1 Quarter
Sales and maturities of investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$23.00M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$696.00M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$138.00M	USD	1 Quarter
Receipts from settlements of net investment hedges	`ProceedsFromHedgeInvestingActivities`	-	USD	1 Quarter
Receipts from settlements of net investment hedges	`ProceedsFromHedgeInvestingActivities`	$1.00M	USD	1 Quarter
Payments for settlements of net investment hedges	`PaymentsForHedgeInvestingActivities`	-	USD	1 Quarter
Payments for settlements of net investment hedges	`PaymentsForHedgeInvestingActivities`	$23.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-772.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-194.00M	USD	1 Quarter
Issuance of notes	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Issuance of notes	`ProceedsFromNotesPayable`	$700.00M	USD	1 Quarter
Issuance of commercial paper	`ProceedsFromIssuanceOfCommercialPaper`	-	USD	1 Quarter
Issuance of commercial paper	`ProceedsFromIssuanceOfCommercialPaper`	$789.00M	USD	1 Quarter
Repayment of commercial paper	`RepaymentsOfCommercialPaper`	$305.00M	USD	1 Quarter
Repayment of commercial paper	`RepaymentsOfCommercialPaper`	-	USD	1 Quarter
Proceeds from stock-based compensation plans	`ProceedsFromStockPlans`	$9.00M	USD	1 Quarter
Proceeds from stock-based compensation plans	`ProceedsFromStockPlans`	$16.00M	USD	1 Quarter
Repurchase of shares related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$71.00M	USD	1 Quarter
Repurchase of shares related to stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$51.00M	USD	1 Quarter
Treasury shares	`PaymentsForRepurchaseOfCommonStock`	$253.00M	USD	1 Quarter
Treasury shares	`PaymentsForRepurchaseOfCommonStock`	$132.00M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$105.00M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$116.00M	USD	1 Quarter
Debt issuance costs, extinguishment costs and related fees	`PaymentsOfDebtIssuanceAndDebtExtinguishmentOrDebtPrepaymentCosts`	$6.00M	USD	1 Quarter
Debt issuance costs, extinguishment costs and related fees	`PaymentsOfDebtIssuanceAndDebtExtinguishmentOrDebtPrepaymentCosts`	-	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-290.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$765.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-29.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-20.00M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$172.00M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$309.00M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.83B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.77B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.60B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.14B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.83B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.77B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.60B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.14B	USD	Point-in-time

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Dividends (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.56	USD	1 Quarter
Dividends (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.62	USD	1 Quarter
Currency translation adjustment, net of net investment hedge activity, tax expense (benefit)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$25.00M	USD	1 Quarter
Currency translation adjustment, net of net investment hedge activity, tax expense (benefit)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$36.00M	USD	1 Quarter
Amortization of prior service costs and actuarial losses, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Amortization of prior service costs and actuarial losses, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Net realized and unrealized gain on cash flow hedges, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$12.00M	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$831.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$799.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$736.00M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$487.00M	USD	1 Quarter
Dividends	`Dividends`	$116.00M	USD	1 Quarter
Dividends	`Dividends`	$101.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.00M	USD	1 Quarter
Shares issued for stock-based compensation plans at average cost, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-84.00M	USD	1 Quarter
Shares issued for stock-based compensation plans at average cost, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-65.00M	USD	1 Quarter
Treasury shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$253.00M	USD	1 Quarter
Treasury shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$132.00M	USD	1 Quarter
Currency translation adjustment, net of net investment hedge activity (net of tax)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.00M	USD	1 Quarter
Currency translation adjustment, net of net investment hedge activity (net of tax)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-81.00M	USD	1 Quarter
Net actuarial gains and prior service cost	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net actuarial gains and prior service cost	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-1.00M	USD	1 Quarter
Amortization of prior service costs and actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.00M	USD	1 Quarter
Amortization of prior service costs and actuarial losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$1.00M	USD	1 Quarter
Net realized and unrealized gain (loss) on cash flow hedges (net of tax)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-35.00M	USD	1 Quarter
Net realized and unrealized gain (loss) on cash flow hedges (net of tax)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.00M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.23B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$831.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$799.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time

Comprehensive Income 56 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$736.00M	USD	1 Quarter
Net Income	`ProfitLoss`	$487.00M	USD	1 Quarter
Foreign currency translation adjustment - Pre Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentBeforeReclassificationAndTax`	$-175.00M	USD	1 Quarter
Foreign currency translation adjustment - Pre Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentBeforeReclassificationAndTax`	$-147.00M	USD	1 Quarter
Foreign currency translation adjustments - Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentBeforeReclassificationTax`	$-6.00M	USD	1 Quarter
Foreign currency translation adjustments - Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentBeforeReclassificationTax`	$-5.00M	USD	1 Quarter
Foreign currency translation adjustments - Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentBeforeReclassificationNetOfTax`	$-170.00M	USD	1 Quarter
Foreign currency translation adjustments - Net of Tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentBeforeReclassificationNetOfTax`	$-141.00M	USD	1 Quarter
Net gains (losses) on net investment hedges - Pre Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax`	$119.00M	USD	1 Quarter
Net gains (losses) on net investment hedges - Pre Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax`	$175.00M	USD	1 Quarter
Net gains (losses) on net investment hedges, Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationTax`	$30.00M	USD	1 Quarter
Net gains (losses) on net investment hedges, Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationTax`	$42.00M	USD	1 Quarter
Net gains (losses) on net investment hedges, Net of Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationNetOfTax`	$133.00M	USD	1 Quarter
Net gains (losses) on net investment hedges, Net of Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationNetOfTax`	$89.00M	USD	1 Quarter
Net investment hedges - reclassification of gains included in net income - Pre Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax`	$1.00M	USD	1 Quarter
Net investment hedges - reclassification of gains included in net income - Pre Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax`	-	USD	1 Quarter
Net investment hedges - reclassification of gains included in net income - Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Net investment hedges - reclassification of gains included in net income - Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Net investment hedges - reclassification of gains included in net income - Net of Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationNetofTax`	$1.00M	USD	1 Quarter
Net investment hedges - reclassification of gains included in net income - Net of Tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationNetofTax`	-	USD	1 Quarter
Net realized and unrealized (losses) gains on cash flow hedges - Pre Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-48.00M	USD	1 Quarter
Net realized and unrealized (losses) gains on cash flow hedges - Pre Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	-	USD	1 Quarter
Net realized and unrealized (losses) gains on cash flow hedges - Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Net realized and unrealized (losses) gains on cash flow hedges - Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-12.00M	USD	1 Quarter
Net realized and unrealized (losses) gains on cash flow hedges - Net of Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Net realized and unrealized (losses) gains on cash flow hedges - Net of Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-36.00M	USD	1 Quarter
Reclassification of losses (gains) included in net income - Pre Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-1.00M	USD	1 Quarter
Reclassification of losses (gains) included in net income - Pre Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$-1.00M	USD	1 Quarter
Reclassification of losses (gains) included in net income - Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Reclassification of losses (gains) included in net income - Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Reclassification of losses (gains) included in net income - Net of Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Reclassification of losses (gains) included in net income - Net of Tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Amortization of actuarial losses and prior service costs included in net income - Pre Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$3.00M	USD	1 Quarter
Amortization of actuarial losses and prior service costs included in net income - Pre Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$2.00M	USD	1 Quarter
Amortization of actuarial losses and prior service costs included in net income - Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Amortization of actuarial losses and prior service costs included in net income - Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Amortization of actuarial losses and prior service costs included in net income - Net of Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.00M	USD	1 Quarter
Amortization of actuarial losses and prior service costs included in net income - Net of Tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$1.00M	USD	1 Quarter
Net actuarial (losses) gains and prior service costs - Pre Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Net actuarial (losses) gains and prior service costs - Pre Tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$-1.00M	USD	1 Quarter
Net actuarial (losses) gains and prior service costs - Tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net actuarial (losses) gains and prior service costs - Tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net actuarial (losses) gains and prior service costs - Net of Tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net actuarial (losses) gains and prior service costs - Net of Tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-1.00M	USD	1 Quarter
Total other comprehensive income (loss) - Pre Tax	`OtherComprehensiveIncomeLossBeforeTax`	$-102.00M	USD	1 Quarter
Total other comprehensive income (loss) - Pre Tax	`OtherComprehensiveIncomeLossBeforeTax`	$31.00M	USD	1 Quarter
Total other comprehensive income (loss) - Tax	`OtherComprehensiveIncomeLossTax`	$37.00M	USD	1 Quarter
Total other comprehensive income (loss) - Tax	`OtherComprehensiveIncomeLossTax`	$14.00M	USD	1 Quarter
Total other comprehensive income (loss) - Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Total other comprehensive income (loss) - Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-116.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$730.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$371.00M	USD	1 Quarter
Less: comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.00M	USD	1 Quarter
Comprehensive Income Attributable to Moody's	`ComprehensiveIncomeNetOfTax`	$373.00M	USD	1 Quarter
Comprehensive Income Attributable to Moody's	`ComprehensiveIncomeNetOfTax`	$728.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.