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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues $ 1,000.5 $ 928.9 $ 1,975.7 $ 1,745.0
Expenses        
Operating 285.8 258.9 563.2 508.1
Selling, general and administrative 217.7 228.6 439.6 461.5
Depreciation and amortization 32.9 31.2 65.4 61.1
Acquisition-Related Expenses 6.6   6.6  
Total expenses 543.0 518.7 1,074.8 1,030.7
Operating Income 457.5 410.2 900.9 714.3
Non-operating (expense) income, net        
Interest income (expense), net (45.0) (34.3) (87.4) (68.4)
Other non-operating income (expense), net 8.3 3.0 (1.1) 8.6
Purchase price hedge gain 41.2   41.2  
CCXI gains     59.7  
Total non-operating income (expense), net 4.5 (31.3) 12.4 (59.8)
Income before provisions for income taxes 462.0 378.9 913.3 654.5
Provision for income taxes 148.4 120.8 253.8 209.8
Net income 313.6 258.1 659.5 444.7
Less: Net income attributable to noncontrolling interests 1.4 2.6 1.7 4.8
Net income attributable to Moody's $ 312.2 $ 255.5 $ 657.8 $ 439.9
Earnings per share attributable to Moody's common shareholders        
Basic $ 1.63 $ 1.32 $ 3.44 $ 2.27
Diluted $ 1.61 $ 1.3 $ 3.39 $ 2.24
Weighted average number of shares outstanding        
Basic 191.0 193.4 191.1 194.2
Diluted 193.8 195.8 194.1 196.8
Dividends declared per share attributable to Moody's common shareholders $ 0.38 $ 0.37 $ 0.38 $ 0.37