CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 2,239	$ 2,597
Short-term investments	104	99
Accounts receivable, net of allowance for credit losses of $35 in 2021 and $34 in 2020	1,589	1,430
Other current assets	323	383
Total current assets	4,255	4,509
Property and equipment, net of accumulated depreciation of $988 in 2021 and $928 in 2020	301	278
Operating lease right-of-use assets	451	393
Goodwill	5,898	4,556
Intangible assets, net	2,510	1,824
Deferred tax assets, net	363	334
Other assets	636	515
Total assets	14,414	12,409
Current liabilities:
Accounts payable and accrued liabilities	1,084	1,039
Current portion of operating lease liabilities	103	94
Current portion of long-term debt	507	0
Deferred revenue	1,099	1,089
Total current liabilities	2,793	2,222
Non-current portion of deferred revenue	87	98
Long-term debt	6,969	6,422
Deferred tax liabilities, net	564	404
Uncertain tax positions	492	483
Operating lease liabilities	470	427
Other liabilities	420	590
Total liabilities	11,795	10,646
Contingencies
Shareholders' equity:
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock	3	3
Capital surplus	832	735
Retained earnings	12,451	11,011
Treasury stock, at cost; 157,002,502 and 155,808,563 shares of common stock at September 30, 2021 and December 31, 2020	(10,394)	(9,748)
Accumulated other comprehensive loss	(462)	(432)
Total Moody's shareholders' equity	2,430	1,569
Noncontrolling interests	189	194
Total shareholders' equity	2,619	1,763
Total liabilities, noncontrolling interests and shareholders' equity	14,414	12,409
Series Common Stock
Shareholders' equity:
Common stock	$ 0	$ 0