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SUMMARY OF QUARTERLY DATA (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2011
Quarterly Financial Data [Abstract]  
Schedule of Selected Quarterly Financial Data
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2011 Quarter Ended
 
 
 
 
 
March 31
 
June 30
 
September 30
 
December 31 1
 
 
2011 Total
 
 
(in millions, except per share amounts)
Revenues, net
 
$
1,501

 
$
1,667

 
$
1,818

 
$
1,728

 
 
$
6,714

Operating income (loss)
 
836

 
885

 
1,002

 
(10
)
 
 
2,713

Net income attributable to MasterCard
 
562

 
608

 
717

 
19

 
 
1,906

Basic earnings per share
 
$
4.31

 
$
4.77

 
$
5.65

 
$
0.15

 
 
$
14.90

Basic weighted average shares outstanding
 
130

 
127

 
127

 
127

 
 
128

Diluted earnings per share
 
$
4.29

 
$
4.76

 
$
5.63

 
$
0.15

 
 
$
14.85

Diluted weighted average shares outstanding
 
131

 
128

 
127

 
127

 
 
128

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2010 Quarter Ended
 
 
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
 
2010 Total
 
 
(in millions, except per share amounts)
Revenues, net
 
$
1,308

 
$
1,365

 
$
1,428

 
$
1,438

 
 
$
5,539

Operating income
 
700

 
717

 
766

 
569

 
 
2,752

Net income attributable to MasterCard
 
455

 
458

 
518

 
415

 
 
1,846

Basic earnings per share
 
$
3.47

 
$
3.50

 
$
3.96

 
$
3.17

 
 
$
14.10

Basic weighted average shares outstanding
 
130

 
131

 
131

 
131

 
 
131

Diluted earnings per share
 
$
3.46

 
$
3.49

 
$
3.94

 
$
3.16

 
 
$
14.05

Diluted weighted average shares outstanding
 
131

 
131

 
131

 
131

 
 
131


1 Financial results for the three months ended December 31, 2011 include a $770 million charge for the U.S. merchant litigation. See Note 20 (Legal and Regulatory Proceedings) to the consolidated financial statements included in Part II, Item 8 of this Report for further discussion.