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CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Total Moody’s Shareholders’ Equity
Common Stock
Capital Surplus
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Loss
Non- Controlling Interests
Common stock, shares, issued, beginning balance (in shares) at Dec. 31, 2020     342,900,000          
Treasury stock, common, shares, beginning balance (in shares) at Dec. 31, 2020           (155,800,000)    
Beginning Balance at Dec. 31, 2020 $ 1,763 $ 1,569 $ 3 $ 735 $ 11,011 $ (9,748) $ (432) $ 194
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,214 2,214     2,214     0
Dividends (466) (463)     (463)     (3)
Stock-based compensation 175 175   175        
Shares issued for stock-based compensation plans at average cost, net (40) (40)   (25)   $ (15)    
Shares issued for stock-based compensation plans at average cost, net (in shares)           700,000    
Treasury shares repurchased (750) (750)   0   $ (750)    
Treasury shares repurchased (in shares)           (2,200,000)    
Currency translation adjustment, net of net investment hedge activity (51) (49)         (49) (2)
Net actuarial gains (losses) and prior service cost 55 55         55  
Amortization of prior service costs/ actuarial losses and settlement charge 14 14         14  
Net realized and unrealized gain (loss) on cash flow hedges 2 2         2  
Common stock, shares, issued, ending balance (in shares) at Dec. 31, 2021     342,900,000          
Treasury stock, common, shares, ending balance (in shares) at Dec. 31, 2021           (157,300,000)    
Ending Balance at Dec. 31, 2021 2,916 2,727 $ 3 885 12,762 $ (10,513) (410) 189
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,374 1,374     1,374     0
Dividends (521) (518)     (518)     (3)
Stock-based compensation 169 169   169        
Shares issued for stock-based compensation plans at average cost, net (61) (61)   (32)   $ (29)    
Shares issued for stock-based compensation plans at average cost, net (in shares)           600,000    
Shares issued as consideration to acquire kompany (in shares) [1]           100,000    
Shares issued as consideration to acquire kompany [1] 44 44   35   $ 9    
Treasury shares repurchased (983) (983)   (3)   $ (980)    
Treasury shares repurchased (in shares)           (3,100,000)    
Currency translation adjustment, net of net investment hedge activity (253) (237)         (237) (16)
Net actuarial gains (losses) and prior service cost 0              
Amortization of prior service costs/ actuarial losses and settlement charge 2 2         2  
Net realized and unrealized gain (loss) on cash flow hedges $ 2 2         2  
Common stock, shares, issued, ending balance (in shares) at Dec. 31, 2022 342,902,272   342,900,000          
Treasury stock, common, shares, ending balance (in shares) at Dec. 31, 2022 (159,702,362)         (159,700,000)    
Ending Balance at Dec. 31, 2022 $ 2,689 2,519 $ 3 1,054 13,618 $ (11,513) (643) 170
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,608 1,607     1,607     1
Dividends (575) (566)     (566)     (9)
Stock-based compensation 193 193   193        
Shares issued for stock-based compensation plans at average cost, net (19) (19)   (19)   $ 0    
Shares issued for stock-based compensation plans at average cost, net (in shares)           800,000    
Treasury shares repurchased (492) (492)   0   $ (492)    
Treasury shares repurchased (in shares)           (1,500,000)    
Currency translation adjustment, net of net investment hedge activity 80 84         84 (4)
Net actuarial gains (losses) and prior service cost (6) (6)         (6)  
Amortization of prior service costs/ actuarial losses and settlement charge (3) (3)         (3)  
Net realized and unrealized gain (loss) on cash flow hedges $ 1 1         1  
Common stock, shares, issued, ending balance (in shares) at Dec. 31, 2023 342,902,272   342,900,000          
Treasury stock, common, shares, ending balance (in shares) at Dec. 31, 2023 (160,430,754)         (160,400,000)    
Ending Balance at Dec. 31, 2023 $ 3,476 $ 3,318 $ 3 $ 1,228 $ 14,659 $ (12,005) $ (567) $ 158
[1] Represents a non-cash investing activity relating to the issuance of common stock to fund a portion of the purchase price for kompany.MOODY