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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities:    
Net income $ 1,570 $ 1,339
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 60 61
Amortization of intangibles 91 73
Provision for losses on accounts receivable 16 17
Stock-based compensation 73 65
Other 41 42
Changes in operating assets and liabilities, net of effect of acquisitions and dispositions:    
Accounts receivable 62 (64)
Prepaid and other current assets 1 3
Accounts payable and accrued expenses (167) (50)
Unearned revenue (72) (107)
Accrued legal settlements (180) (4)
Other current liabilities (18) (94)
Net change in prepaid/accrued income taxes 62 (42)
Net change in other assets and liabilities (138) (36)
Cash provided by operating activities 1,401 1,203
Investing Activities:    
Capital expenditures (88) (77)
Acquisitions, net of cash acquired (263) (80)
Proceeds from dispositions 0 2
Changes in short-term investments 5 0
Cash used for investing activities (346) (155)
Financing Activities:    
Proceeds from issuance of senior notes, net 489 0
Payments on senior notes (403) 0
Dividends paid to shareholders (379) (316)
Distributions to noncontrolling interest holders (116) (69)
Purchase of CRISIL shares (25) 0
Repurchase of treasury shares (1,108) (846)
Exercise of stock options 24 69
Employee withholding tax on share-based payments (61) (49)
Cash used for financing activities (1,579) (1,211)
Effect of exchange rate changes on cash from continuing operations (52) 83
Net change in cash, cash equivalents, and restricted cash (576) (80)
Cash, cash equivalents, and restricted cash at beginning of period 2,779 2,392
Cash, cash equivalents, and restricted cash at end of period $ 2,203 $ 2,312