CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 1,674.3	$ 1,757.4
Short-term investments	352.5	474.8
Accounts receivable, net of allowances of net of allowances of $27.6 in 2016 and $27.5 in 2015	843.7	802.0
Deferred tax assets, net		29.3
Other current assets	159.6	179.6
Total current assets	3,030.1	3,243.1
Property and equipment, net of accumulated depreciation of $560.6 in 2016 and $518.9 in 2015	323.0	306.4
Goodwill	1,047.2	976.3
Intangible assets, net	319.2	299.1
Deferred tax assets, net	167.2	137.7
Other assets	158.2	140.4
Total assets	5,044.9	5,103.0
Current liabilities:
Accounts payable and accrued liabilities	453.8	566.6
Deferred tax liabilities, net		16.7
Deferred revenue	692.6	635.2
Total current liabilities	1,146.4	1,218.5
Non-current portion of deferred revenue	134.1	132.5
Long-term debt	3,420.4	3,380.6
Deferred tax liabilities, net	111.4	83.8
Unrecognized tax benefits	198.1	203.4
Other liabilities	404.0	417.2
Total liabilities	5,414.4	5,436.0
Contingencies (Note 14)
Shareholders' deficit
Preferred stock, par value $.01 per share; 10,000,000 shares authorized; no shares issued and outstanding
Capital surplus	457.3	451.3
Retained earnings	7,077.8	6,709.0
Treasury stock, at cost; 150,647,727 and 146,826,744 shares of common stock at June 30, 2016 and December 31, 2015, respectively	(7,821.7)	(7,389.2)
Accumulated other comprehensive loss	(316.8)	(339.5)
Total Moody's shareholders' deficit	(600.0)	(565.0)
Noncontrolling interests	230.5	232.0
Total shareholders' deficit	(369.5)	(333.0)
Total liabilities and shareholders' deficit	5,044.9	5,103.0
Series common stock
Shareholders' deficit
Common stock
Common Stock
Shareholders' deficit
Common stock	$ 3.4	$ 3.4