SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2014

Financial Information by Segment

		Three Months Ended March 31,
		2014								2013
		MIS		MA		Eliminations		Consolidated		MIS		MA		Eliminations		Consolidated
Revenue		$	547.3	$	244.7	$	(24.8)	$	767.2	$	540.1	$	213.4	$	(21.7)	$	731.8
Operating, SG&A			245.7		190.2		(24.8)		411.1		284.3		165.2		(21.7)		427.8
Adjusted Operating Income			301.6		54.5		-		356.1		255.8		48.2		-		304.0
Less:
	Depreciation and amortization		11.4		11.7		-		23.1		11.3		12.3		-		23.6
Operating income		$	290.2	$	42.8	$	-	$	333.0	$	244.5	$	35.9	$	-	$	280.4

Revenue by Line of Business within Each Reportable Segment

		Three Months Ended March 31,
		2014		2013
MIS:
Corporate finance (CFG)		$	264.4	$	258.3
Structured finance (SFG)			95.3		93.0
Financial institutions (FIG)			85.4		86.5
Public, project and infrastructure finance (PPIF)			80.7		83.4
	Total external revenue		525.8		521.2
Intersegment royalty			21.5		18.9
	Total		547.3		540.1
MA:
Research, data and analytics (RD&A)			140.9		129.6
Enterprise risk solutions (ERS)			59.8		53.0
Professional services (PS)			40.7		28.0
	Total external revenue		241.4		210.6
Intersegment revenue			3.3		2.8
	Total		244.7		213.4
Eliminations			(24.8)		(21.7)
	Total MCO	$	767.2	$	731.8

Consolidated Revenue Information by Geographic Area

Consolidated Revenue Information by Geographic Area:
		Three Months Ended March 31,
		2014		2013
United States		$	425.6	$	409.8
International:
	EMEA		220.6		207.2
	Asia-Pacific		69.9		68.3
	Americas		51.1		46.5
Total International			341.6		322.0
Total		$	767.2	$	731.8