CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 1,196.6	$ 1,685.0
Short-term investments	114.0	132.5
Accounts receivable, net of allowances of $46.0 in 2019 and $43.5 in 2018	1,301.2	1,287.1
Other current assets	286.6	282.3
Total current assets	2,898.4	3,386.9
Property and equipment, net of accumulated depreciation of $834.9 in 2019 and $790.2 in 2018	318.7	320.4
Operating lease right-of-use assets	508.1
Goodwill	3,762.5	3,781.3
Intangible assets, net	1,530.4	1,566.1
Deferred tax assets, net	178.8	197.2
Other assets	321.2	274.3
Total assets	9,518.1	9,526.2
Current liabilities:
Accounts payable and accrued liabilities	537.1	695.2
Current portion of operating lease liabilities	87.4
Commercial paper	318.8
Current portion of long-term debt		449.9
Deferred revenue	1,062.3	953.4
Total current liabilities	2,005.6	2,098.5
Non-current portion of deferred revenue	120.9	122.3
Long-term debt	5,228.6	5,226.1
Deferred tax liabilities, net	353.4	351.7
Uncertain tax positions	474.5	494.6
Operating lease liabilities	523.5
Other liabilities	486.6	576.5
Total liabilities	9,193.1	8,869.7
Contingencies (Note 19)
Shareholders' 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	435.7	600.9
Retained earnings	8,893.6	8,594.4
Treasury stock, at cost; 153,299,621 and 151,598,695 shares of common stock at March 31, 2019 and December 31, 2018, respectively	(8,754.0)	(8,312.5)
Accumulated other comprehensive loss	(455.5)	(426.3)
Total Moody's shareholders' deficit	123.2	459.9
Noncontrolling interests	201.8	196.6
Total shareholders' deficit	325.0	656.5
Total liabilities and shareholders' (deficit) equity	9,518.1	9,526.2
Series common stock
Shareholders' equity:
Common stock