CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 1,314.5	$ 1,071.5
Short-term investments	101.2	111.8
Accounts receivable, net of allowances of $36.3 in 2018 and $36.6 in 2017	1,137.1	1,147.2
Other current assets	286.9	250.1
Total current assets	2,839.7	2,580.6
Property and equipment, net of accumulated depreciation of $748.2 in 2018 and $706.0 in 2017	312.2	325.1
Goodwill	3,662.7	3,753.2
Intangible assets, net	1,541.4	1,631.6
Deferred tax assets, net	136.6	143.8
Other assets	259.0	159.9
Total assets	8,751.6	8,594.2
Current liabilities:
Accounts payable and accrued liabilities	593.6	750.3
Commercial paper	89.9	129.9
Current portion of long-term debt	299.9	299.5
Deferred revenue	860.5	883.6
Total current liabilities	1,843.9	2,063.3
Non-current portion of deferred revenue	126.0	140.0
Long-term debt	4,934.2	5,111.1
Deferred tax liabilities, net	363.2	341.6
Unrecognized tax benefits	398.3	389.1
Other liabilities	625.9	664.0
Total liabilities	8,291.5	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	538.6	528.6
Retained earnings	8,204.6	7,465.4
Treasury stock, at cost; 151,012,009 and 151,932,157 shares of common stock at June 30, 2018 and December 31, 2017, respectively	(8,198.9)	(8,152.9)
Accumulated other comprehensive loss	(304.8)	(172.2)
Total Moody's shareholders' deficit	242.9	(327.7)
Noncontrolling interests	217.2	212.8
Total shareholders' deficit	460.1	(114.9)
Total liabilities and shareholders' (deficit) equity	8,751.6	8,594.2
Series common stock
Shareholders' (deficit) equity
Common stock