QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2015

NOTE 23 QUARTERLY FINANCIAL DATA (UNAUDITED)

		Three Months Ended
(amounts in millions, except EPS)		March 31		June 30		September 30		December 31
2015
Revenue		$	865.6	$	918.1	$	834.9	$	865.9
Operating Income		$	371.3	$	419.3	$	349.7	$	333.1
Net income attributable to Moody's		$	230.1	$	261.7	$	231.6	$	217.9
EPS:
	Basic	$	1.14	$	1.30	$	1.16	$	1.11
	Diluted	$	1.11	$	1.28	$	1.14	$	1.09
2014
Revenue		$	767.2	$	873.5	$	816.1	$	877.5
Operating income		$	333.0	$	411.7	$	349.7	$	344.7
Net income attributable to Moody's		$	218.0	$	319.2	$	215.2	$	236.3
EPS:
	Basic	$	1.02	$	1.51	$	1.02	$	1.14
	Diluted	$	1.00	$	1.48	$	1.00	$	1.12

Basic and diluted EPS are computed for each of the periods presented. The number of weighted average shares outstanding changes as common shares are issued pursuant to employee stock-based compensation plans and for other purposes or as shares are repurchased. Therefore, the sum of basic and diluted EPS for each of the four quarters may not equal the full year basic and diluted EPS.

Additionally, the quarterly financial data includes the ICRA Gain in the three months ended June 30, 2014. There were benefits of $6.4 million to net income related to the resolution of Legacy Tax Matters for both the three months ended September 30, 2015 and 2014.