XML 119 R7.htm IDEA: XBRL DOCUMENT v3.24.2
CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (UNAUDITED) - 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, 2022     342,900,000          
Treasury stock, common, beginning balance (shares) at Dec. 31, 2022           (159,700,000)    
Beginning 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 878 878     878     0
Dividends (284) (283)     (283)     (1)
Stock-based compensation 97 97   97        
Shares issued for stock-based compensation plans at average cost, net (31) (31)   (27)   $ (4)    
Shares issued for stock-based compensation plans at average cost, net (in shares)           700,000    
Treasury shares repurchased, inclusive of excise tax (109) (109)   0   $ (109)    
Treasury shares repurchased, inclusive of excise tax (in shares)           (400,000)    
Currency translation adjustment, net of net investment hedge activity (net of tax) 73 74         74 (1)
Net actuarial losses (net of tax) 0              
Amortization of actuarial gains and prior service credits (1) (1)         (1)  
Common stock, shares issued ending balance (in shares) at Jun. 30, 2023     342,900,000          
Treasury stock, common, ending balance (shares) at Jun. 30, 2023           (159,400,000)    
Ending Balance at Jun. 30, 2023 3,312 3,144 $ 3 1,124 14,213 $ (11,626) (570) 168
Common stock, shares issued beginning balance (in shares) at Mar. 31, 2023     342,900,000          
Treasury stock, common, beginning balance (shares) at Mar. 31, 2023           (159,400,000)    
Beginning Balance at Mar. 31, 2023 3,058 2,891 $ 3 1,068 13,979 $ (11,570) (589) 167
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 377 377     377     0
Dividends (144) (143)     (143)     (1)
Stock-based compensation 50 50   50        
Shares issued for stock-based compensation plans at average cost, net 17 17   6   $ 11    
Shares issued for stock-based compensation plans at average cost, net (in shares)           300,000    
Treasury shares repurchased, inclusive of excise tax (67) (67)   0   $ (67)    
Treasury shares repurchased, inclusive of excise tax (in shares)           (300,000)    
Currency translation adjustment, net of net investment hedge activity (net of tax) 23 21         21 2
Net actuarial losses (net of tax) 0              
Amortization of actuarial gains and prior service credits (1) (1)         (1)  
Net realized and unrealized gain on cash flow hedges (1) (1)         (1)  
Common stock, shares issued ending balance (in shares) at Jun. 30, 2023     342,900,000          
Treasury stock, common, ending balance (shares) at Jun. 30, 2023           (159,400,000)    
Ending Balance at Jun. 30, 2023 $ 3,312 3,144 $ 3 1,124 14,213 $ (11,626) (570) 168
Common stock, shares issued beginning balance (in shares) at Dec. 31, 2023     342,900,000          
Treasury stock, common, beginning balance (shares) at Dec. 31, 2023 (160,430,754)         (160,400,000)    
Beginning Balance at Dec. 31, 2023 $ 3,476 3,318 $ 3 1,228 14,659 $ (12,005) (567) 158
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 1,130 1,129     1,129     1
Dividends (311) (310)     (310)     (1)
Stock-based compensation 111 111   111        
Shares issued for stock-based compensation plans at average cost, net (37) (37)   (15)   $ (22)    
Shares issued for stock-based compensation plans at average cost, net (in shares)           600,000    
Noncontrolling interest resulting from majority acquisition 2 0           2
Treasury shares repurchased, inclusive of excise tax (383) (383)   0   $ (383)    
Treasury shares repurchased, inclusive of excise tax (in shares)           (1,000,000.0)    
Currency translation adjustment, net of net investment hedge activity (net of tax) (48) (48)         (48) 0
Net actuarial losses (net of tax) (2) (2)         (2)  
Amortization of actuarial gains and prior service credits (1) (1)         (1)  
Net realized and unrealized gain on cash flow hedges $ 1 1         1  
Common stock, shares issued ending balance (in shares) at Jun. 30, 2024     342,900,000          
Treasury stock, common, ending balance (shares) at Jun. 30, 2024 (160,818,154)         (160,800,000)    
Ending Balance at Jun. 30, 2024 $ 3,938 3,778 $ 3 1,324 15,478 $ (12,410) (617) 160
Common stock, shares issued beginning balance (in shares) at Mar. 31, 2024     342,900,000          
Treasury stock, common, beginning balance (shares) at Mar. 31, 2024           (160,300,000)    
Beginning Balance at Mar. 31, 2024 3,735 3,575 $ 3 1,252 15,081 $ (12,153) (608) 160
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 553 552     552     1
Dividends (156) (155)     (155)     (1)
Stock-based compensation 57 57   57        
Shares issued for stock-based compensation plans at average cost, net 22 22   15   $ 7    
Shares issued for stock-based compensation plans at average cost, net (in shares)           200,000    
Treasury shares repurchased, inclusive of excise tax (264) (264)       $ (264)    
Treasury shares repurchased, inclusive of excise tax (in shares)           (700,000)    
Currency translation adjustment, net of net investment hedge activity (net of tax) (7) (7)         (7) 0
Net actuarial losses (net of tax) (1) (1)         (1)  
Amortization of actuarial gains and prior service credits $ (1) (1)         (1)  
Common stock, shares issued ending balance (in shares) at Jun. 30, 2024     342,900,000          
Treasury stock, common, ending balance (shares) at Jun. 30, 2024 (160,818,154)         (160,800,000)    
Ending Balance at Jun. 30, 2024 $ 3,938 $ 3,778 $ 3 $ 1,324 $ 15,478 $ (12,410) $ (617) $ 160