CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 1,576.1	$ 1,757.4
Short-term investments	490.6	474.8
Accounts receivable, net of allowances of net of allowances of $27.6 in 2016 and $27.5 in 2015	852.1	802.0
Deferred tax assets, net		29.3
Other current assets	166.5	179.6
Total current assets	3,085.3	3,243.1
Property and equipment, net of accumulated depreciation of $541.6 in 2016 and $518.9 in 2015	310.5	306.4
Goodwill	1,050.9	976.3
Intangible assets, net	329.2	299.1
Deferred tax assets, net	176.2	137.7
Other assets	162.8	140.4
Total assets	5,114.9	5,103.0
Current liabilities:
Accounts payable and accrued liabilities	391.5	566.6
Deferred tax liabilities, net		16.7
Deferred revenue	760.4	635.2
Total current liabilities	1,151.9	1,218.5
Non-current portion of deferred revenue	135.1	132.5
Long-term debt	3,428.6	3,380.6
Deferred tax liabilities, net	118.6	83.8
Unrecognized tax benefits	209.9	203.4
Other liabilities	422.3	417.2
Total liabilities	$ 5,466.4	$ 5,436.0
Contingencies (Note 14)
Shareholders' (deficit) equity
Preferred stock, par value $.01 per share; 10,000,000 shares authorized; no shares issued and outstanding
Capital surplus	$ 431.7	$ 451.3
Retained earnings	6,895.1	6,709.0
Treasury stock, at cost; 148,575,058 and 146,826,744 shares of common stock at March 31, 2016 and December 31, 2015, respectively	(7,610.3)	(7,389.2)
Accumulated other comprehensive loss	(301.5)	(339.5)
Total Moody's shareholders' deficit	(581.6)	(565.0)
Noncontrolling interests	230.1	232.0
Total shareholders' deficit	(351.5)	(333.0)
Total liabilities and shareholders' (deficit) equity	$ 5,114.9	$ 5,103.0
Series common stock
Shareholders' (deficit) equity
Common stock
Common Stock
Shareholders' (deficit) equity
Common stock	$ 3.4	$ 3.4