SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2014

Financial Information by Segment

		Three Months Ended June 30,
		2014								2013
		MIS		MA		Eliminations		Consolidated		MIS		MA		Eliminations		Consolidated
Revenue		$	643.6	$	255.1	$	(25.2)	$	873.5	$	556.3	$	221.4	$	(21.7)	$	756.0
Operating, SG&A			268.9		195.8		(25.2)		439.5		236.2		167.6		(21.7)		382.1
Adjusted Operating Income			374.7		59.3		-		434.0		320.1		53.8		-		373.9
Less:
	Depreciation and amortization		11.4		10.9		-		22.3		11.5		11.6		-		23.1
Operating income		$	363.3	$	48.4	$	-	$	411.7	$	308.6	$	42.2	$	-	$	350.8
		Six Months Ended June 30,
		2014								2013
		MIS		MA		Eliminations		Consolidated		MIS		MA		Eliminations		Consolidated
Revenue		$	1,190.9	$	499.8	$	(50.0)	$	1,640.7	$	1,096.4	$	434.8	$	(43.4)	$	1,487.8
Operating, SG&A			514.6		386.0		(50.0)		850.6		520.5		332.8		(43.4)		809.9
Adjusted Operating Income			676.3		113.8		-		790.1		575.9		102.0		-		677.9
Less:
	Depreciation and amortization		22.8		22.6		-		45.4		22.8		23.9		-		46.7
Operating income		$	653.5	$	91.2	$	-	$	744.7	$	553.1	$	78.1	$	-	$	631.2

Revenue by Line of Business within Each Reportable Segment

		Three Months Ended June 30,				Six Months Ended June 30,
		2014		2013		2014		2013
MIS:
Corporate finance (CFG)		$	320.9	$	262.9	$	585.3	$	521.2
Structured finance (SFG)			110.6		97.2		205.9		190.2
Financial institutions (FIG)			92.2		84.5		177.6		171.0
Public, project and infrastructure finance (PPIF)			98.0		92.7		178.7		176.1
	Total external revenue		621.7		537.3		1,147.5		1,058.5
Intersegment royalty			21.9		19.0		43.4		37.9
	Total		643.6		556.3		1,190.9		1,096.4
MA:
Research, data and analytics (RD&A)			144.7		130.3		285.6		259.9
Enterprise risk solutions (ERS)			67.2		60.2		127.0		113.2
Professional services (PS)			39.9		28.2		80.6		56.2
	Total external revenue		251.8		218.7		493.2		429.3
Intersegment revenue			3.3		2.7		6.6		5.5
	Total		255.1		221.4		499.8		434.8
Eliminations			(25.2)		(21.7)		(50.0)		(43.4)
	Total MCO	$	873.5	$	756.0	$	1,640.7	$	1,487.8

Consolidated Revenue Information by Geographic Area

Consolidated Revenue Information by Geographic Area:
		Three Months Ended June 30,				Six Months Ended June 30,
		2014		2013		2014		2013
United States		$	461.1	$	408.4	$	886.7	$	818.3
International:
	EMEA		263.3		222.5		483.9		429.6
	Asia-Pacific		88.6		75.5		158.5		143.7
	Americas		60.5		49.6		111.6		96.2
Total International			412.4		347.6		754.0		669.5
Total		$	873.5	$	756.0	$	1,640.7	$	1,487.8