CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 2,051.5	$ 1,757.4
Short-term investments	173.4	474.8
Accounts receivable, net of allowances of $25.7 in 2016 and $27.5 in 2015	887.4	802.0
Deferred tax assets, net		29.3
Other current assets	140.8	179.6
Total current assets	3,253.1	3,243.1
Property and equipment, net	325.9	306.4
Goodwill	1,023.6	976.3
Intangible assets, net	296.4	299.1
Deferred tax assets, net	316.1	137.7
Other assets	112.2	140.4
Total assets	5,327.3	5,103.0
Current liabilities:
Accounts payable and accrued liabilities	1,444.3	566.6
Deferred tax liabilities net		16.7
Current portion of long term debt	300.0
Deferred revenue	683.9	635.2
Total current liabilities	2,428.2	1,218.5
Non-current portion of deferred revenue	134.1	132.5
Long-term debt	3,063.0	3,380.6
Deferred tax liabilities, net	104.3	83.8
Unrecognized tax benefits	199.8	203.4
Other liabilities	425.2	417.2
Total liabilities	6,354.6	5,436.0
Contingencies (Note 18)
Shareholders' (deficit) equity:
Preferred stock, par value $.01 per share; 10,000,000 shares authorized; no shares issued and outstanding
Capital surplus	477.2	451.3
Retained earnings	6,688.9	6,709.0
Treasury stock, at cost; 152,208,231 and 146,826,744 shares of common stock at December 31, 2016 and December 31, 2015, respectively	(8,029.6)	(7,389.2)
Accumulated other comprehensive loss	(364.9)	(339.5)
Total Moody's shareholders' (deficit)	(1,225.0)	(565.0)
Noncontrolling interests	197.7	232.0
Total shareholders' (deficit) equity	(1,027.3)	(333.0)
Total liabilities, noncontrolling interest and shareholders' (deficit) equity	5,327.3	5,103.0
Series common stock
Shareholders' (deficit) equity:
Common stock
Common Stock
Shareholders' (deficit) equity:
Common stock	$ 3.4	$ 3.4