CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 1,277.3	$ 1,071.5
Short-term investments	100.5	111.8
Accounts receivable, net of allowances of $36.0 in 2018 and $36.6 in 2017	1,207.4	1,147.2
Other current assets	233.6	250.1
Total current assets	2,818.8	2,580.6
Property and equipment, net of accumulated depreciation of $731.8 in 2018 and $706.0 in 2017	321.6	325.1
Goodwill	3,831.5	3,753.2
Intangible assets, net	1,641.6	1,631.6
Deferred tax assets, net	142.5	143.8
Other assets	258.0	159.9
Total assets	9,014.0	8,594.2
Current liabilities:
Accounts payable and accrued liabilities	532.6	750.3
Commercial paper	89.9	129.9
Current portion of long-term debt	299.7	299.5
Deferred revenue	998.7	883.6
Total current liabilities	1,920.9	2,063.3
Non-current portion of deferred revenue	127.8	140.0
Long-term debt	5,118.0	5,111.1
Deferred tax liabilities, net	382.2	341.6
Unrecognized tax benefits	490.9	389.1
Other liabilities	554.2	664.0
Total liabilities	8,594.0	8,709.1
Contingencies (Note 14)
Shareholders' (deficit) equity
Preferred stock, par value $.01 per share; 10,000,000 shares authorized; no shares issued and outstanding
Common stock	3.4	3.4
Capital surplus	506.6	528.6
Retained earnings	7,913.0	7,465.4
Treasury stock, at cost; 151,594,546 and 152,208,231 shares of common stock at March 31, 2017 and December 31, 2016, respectively	(8,171.4)	(8,152.9)
Accumulated other comprehensive loss	(51.9)	(172.2)
Total Moody's shareholders' deficit	199.7	(327.7)
Noncontrolling interests	220.3	212.8
Total shareholders' deficit	420.0	(114.9)
Total liabilities and shareholders' (deficit) equity	9,014.0	8,594.2
Series common stock
Shareholders' (deficit) equity
Common stock