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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues $ 1,062.9 $ 917.1 $ 3,038.6 $ 2,662.1
Expenses        
Operating 317.2 253.2 880.4 761.3
Selling, general and administrative 247.2 225.3 686.8 683.2
Restructuring   8.4   12.0
Depreciation and amortization 43.0 32.7 108.4 93.8
Acquisition-Related Expenses 10.1   16.7  
Total expenses 617.5 519.6 1,692.3 1,550.3
Operating Income 445.4 397.5 1,346.3 1,111.8
Non-operating (expense) income, net        
Interest income (expense), net (48.1) (35.4) (135.5) (103.8)
Other non-operating income (expense), net (1.4) 6.9 (2.5) 15.5
Purchase price hedge gain 69.9   111.1  
CCXI gains     59.7  
Total non-operating income (expense), net 20.4 (28.5) 32.8 (88.3)
Income before provisions for income taxes 465.8 369.0 1,379.1 1,023.5
Provision for income taxes 146.1 112.4 399.9 322.2
Net income 319.7 256.6 979.2 701.3
Less: Net income attributable to noncontrolling interests 2.4 1.3 4.1 6.1
Net income attributable to Moody's $ 317.3 $ 255.3 $ 975.1 $ 695.2
Earnings per share attributable to Moody's common shareholders        
Basic $ 1.66 $ 1.33 $ 5.1 $ 3.6
Diluted $ 1.63 $ 1.31 $ 5.02 $ 3.55
Weighted average number of shares outstanding        
Basic 191.1 191.7 191.1 193.3
Diluted 194.1 194.3 194.1 196.0
Dividends declared per share attributable to Moody's common shareholders $ 0.38 $ 0.37 $ 0.76 $ 0.74