2021 Q1 Form 10-Q Financial Statement
#000006404021000121 Filed on April 29, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $2.016B | $1.786B |
YoY Change | 12.88% | 13.69% |
Cost Of Revenue | $527.0M | $518.0M |
YoY Change | 1.74% | 9.51% |
Gross Profit | $1.489B | $1.268B |
YoY Change | 17.43% | 15.48% |
Gross Profit Margin | 73.86% | 71.0% |
Selling, General & Admin | $360.0M | $314.0M |
YoY Change | 14.65% | -7.92% |
% of Gross Profit | 24.18% | 24.76% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $19.00M | $20.00M |
YoY Change | -5.0% | 0.0% |
% of Gross Profit | 1.28% | 1.58% |
Operating Expenses | $360.0M | $314.0M |
YoY Change | 14.65% | -7.92% |
Operating Profit | $1.081B | $912.0M |
YoY Change | 18.53% | 29.36% |
Interest Expense | -$36.00M | -$44.00M |
YoY Change | -18.18% | 22.22% |
% of Operating Profit | -3.33% | -4.82% |
Other Income/Expense, Net | $7.000M | -$1.000M |
YoY Change | -800.0% | -99.03% |
Pretax Income | $1.056B | $877.0M |
YoY Change | 20.41% | 54.95% |
Income Tax | $248.0M | $188.0M |
% Of Pretax Income | 23.48% | 21.44% |
Net Earnings | $755.0M | $639.0M |
YoY Change | 18.15% | 55.85% |
Net Earnings / Revenue | 37.45% | 35.78% |
Basic Earnings Per Share | $3.14 | $2.64 |
Diluted Earnings Per Share | $3.12 | $2.62 |
COMMON SHARES | ||
Basic Shares Outstanding | 240.6M shares | 242.1M shares |
Diluted Shares Outstanding | 241.6M shares | 243.3M shares |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $4.500B | $1.932B |
YoY Change | 132.92% | 37.7% |
Cash & Equivalents | $4.500B | $1.932B |
Short-Term Investments | ||
Other Short-Term Assets | $297.0M | $259.0M |
YoY Change | 14.67% | 7.92% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $1.509B | $1.504B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $6.306B | $3.695B |
YoY Change | 70.66% | 16.12% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $281.0M | $309.0M |
YoY Change | -9.06% | 15.3% |
Goodwill | $3.713B | $3.703B |
YoY Change | 0.27% | 4.81% |
Intangibles | $1.332B | $1.439B |
YoY Change | -7.44% | -3.55% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $719.0M | $665.0M |
YoY Change | 8.12% | 16.67% |
Total Long-Term Assets | $6.524B | $6.768B |
YoY Change | -3.61% | 3.52% |
TOTAL ASSETS | ||
Total Short-Term Assets | $6.306B | $3.695B |
Total Long-Term Assets | $6.524B | $6.768B |
Total Assets | $12.83B | $10.46B |
YoY Change | 22.62% | 7.64% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $241.0M | $203.0M |
YoY Change | 18.72% | -6.45% |
Accrued Expenses | $361.0M | $326.0M |
YoY Change | 10.74% | 5.16% |
Deferred Revenue | $2.111B | $1.897B |
YoY Change | 11.28% | 12.31% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $3.403B | $2.983B |
YoY Change | 14.08% | 12.35% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $4.111B | $3.949B |
YoY Change | 4.1% | 7.81% |
Other Long-Term Liabilities | $598.0M | $596.0M |
YoY Change | 0.34% | 13.96% |
Total Long-Term Liabilities | $4.709B | $4.545B |
YoY Change | 3.61% | 8.58% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.403B | $2.983B |
Total Long-Term Liabilities | $4.709B | $4.545B |
Total Liabilities | $8.924B | $8.389B |
YoY Change | 6.38% | 9.16% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $13.92B | $12.69B |
YoY Change | 9.68% | 10.05% |
Common Stock | $1.229B | $1.048B |
YoY Change | 17.27% | -1.69% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $13.47B | $13.33B |
YoY Change | 1.05% | 14.53% |
Treasury Stock Shares | ||
Shareholders Equity | $1.032B | -$250.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $12.83B | $10.46B |
YoY Change | 22.62% | 7.64% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $755.0M | $639.0M |
YoY Change | 18.15% | 55.85% |
Depreciation, Depletion And Amortization | $19.00M | $20.00M |
YoY Change | -5.0% | 0.0% |
Cash From Operating Activities | $768.0M | $680.0M |
YoY Change | 12.94% | 132.08% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$18.00M | -$11.00M |
YoY Change | 63.64% | -45.0% |
Acquisitions | $9.000M | $183.0M |
YoY Change | -95.08% | 18200.0% |
Other Investing Activities | -$1.000M | -$11.00M |
YoY Change | -90.91% | |
Cash From Investing Activities | -$24.00M | -$183.0M |
YoY Change | -86.89% | 771.43% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $1.153B |
YoY Change | -100.0% | 79.04% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$293.0M | -$1.401B |
YoY Change | -79.09% | 69.0% |
NET CHANGE | ||
Cash From Operating Activities | $768.0M | $680.0M |
Cash From Investing Activities | -$24.00M | -$183.0M |
Cash From Financing Activities | -$293.0M | -$1.401B |
Net Change In Cash | $396.0M | -$934.0M |
YoY Change | -142.4% | 78.93% |
FREE CASH FLOW | ||
Cash From Operating Activities | $768.0M | $680.0M |
Capital Expenditures | -$18.00M | -$11.00M |
Free Cash Flow | $786.0M | $691.0M |
YoY Change | 13.75% | 120.77% |
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|
2111000000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2168000000 | USD |
CY2021Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
552000000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
551000000 | USD |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3403000000 | USD |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3587000000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4111000000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4110000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
525000000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
544000000 | USD |
CY2021Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
287000000 | USD |
CY2020Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
291000000 | USD |
CY2021Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
598000000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
653000000 | USD |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
8924000000 | USD |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
9185000000 | USD |
CY2021Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
2808000000 | USD |
CY2020Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
2781000000 | USD |
CY2021Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
294000000 | USD |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
294000000 | USD |
CY2021Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
935000000 | USD |
CY2020Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
946000000 | USD |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
13920000000 | USD |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
13367000000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-648000000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-637000000 | USD |
CY2021Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
13469000000 | USD |
CY2020Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
13461000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1032000000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
509000000 | USD |
CY2021Q1 | us-gaap |
Minority Interest
MinorityInterest
|
66000000 | USD |
CY2020Q4 | us-gaap |
Minority Interest
MinorityInterest
|
62000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1098000000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
571000000 | USD |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
12830000000 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
12537000000 | USD |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
808000000 | USD |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
689000000 | USD |
CY2021Q1 | us-gaap |
Depreciation
Depreciation
|
19000000 | USD |
CY2020Q1 | us-gaap |
Depreciation
Depreciation
|
20000000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
31000000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
29000000 | USD |
CY2021Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
10000000 | USD |
CY2020Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
10000000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3000000 | USD |
CY2020Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-6000000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
19000000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11000000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
2000000 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
7000000 | USD |
CY2021Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-19000000 | USD |
CY2020Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-29000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-65000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-76000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
56000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
52000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-239000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-251000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-61000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-12000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
25000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
49000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
172000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
125000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
39000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
30000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
768000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
680000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
18000000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
11000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
9000000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
183000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2000000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1000000 | USD |
CY2020Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-11000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-24000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-183000000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
186000000 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
161000000 | USD |
CY2021Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
69000000 | USD |
CY2020Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
51000000 | USD |
CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1153000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
3000000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8000000 | USD |
CY2021Q1 | us-gaap |
Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
|
P5Y | |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.215 | |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
41000000 | USD |
CY2020Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
44000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-293000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1401000000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-55000000 | USD |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-30000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
396000000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-934000000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4122000000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2886000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4518000000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1952000000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
571000000 | USD |
CY2021Q1 | spgi |
Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
|
746000000 | USD |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.77 | |
CY2021Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
186000000 | USD |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
126000000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
-19000000 | USD |
CY2021Q1 | spgi |
Noncontrolling Interest Change In Redemption Value Of Redeemable Noncontrolling Interest
NoncontrollingInterestChangeInRedemptionValueOfRedeemableNoncontrollingInterest
|
16000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-2000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1098000000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
536000000 | USD |
CY2020Q1 | spgi |
Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
|
604000000 | USD |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.67 | |
CY2020Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
161000000 | USD |
CY2020Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1153000000 | USD |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
-26000000 | USD |
CY2020Q1 | spgi |
Noncontrolling Interest Change In Redemption Value Of Redeemable Noncontrolling Interest
NoncontrollingInterestChangeInRedemptionValueOfRedeemableNoncontrollingInterest
|
-11000000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
5000000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-194000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
51000000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
49000000 | USD |
CY2021Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | Segment |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
On an ongoing basis, we evaluate our estimates and assumptions, including those related to revenue recognition, allowance for doubtful accounts, valuation of long-lived assets, goodwill and other intangible assets, pension plans, incentive compensation and stock-based compensation, income taxes, contingencies and redeemable noncontrolling interests. | |
CY2021Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
18000000 | USD |
CY2020Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
14000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
16000000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
7000000 | USD |
CY2021Q1 | us-gaap |
Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
|
883000000 | USD |
CY2021Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2200000000 | USD |
CY2021Q1 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
124000000 | USD |
CY2020Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
129000000 | USD |
CY2021Q1 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-11000000 | USD |
CY2020Q1 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-9000000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-4000000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-10000000 | USD |
CY2021Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
7000000 | USD |
CY2020Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1000000 | USD |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.234 | |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
121000000 | USD |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
25000000 | USD |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
24000000 | USD |
CY2021Q1 | us-gaap |
Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
|
18000000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
4111000000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4110000000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
4300000000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
4600000000 | USD |
CY2021Q1 | spgi |
Ratio Of Indebtedness To Cash Flow
RatioOfIndebtednessToCashFlow
|
4 | |
CY2021Q1 | spgi |
Business Acquisition Agreement Terms Change Of Control Put Option For Minority Interest Ownership Effective Period
BusinessAcquisitionAgreementTermsChangeOfControlPutOptionForMinorityInterestOwnershipEffectivePeriod
|
P15D | |
CY2021Q1 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
1000000 | USD |
CY2020Q1 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
1000000 | USD |
CY2021Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
10000000 | USD |
CY2020Q1 | us-gaap |
Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
|
13000000 | USD |
CY2021Q1 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
26000000 | USD |
CY2020Q1 | us-gaap |
Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
|
26000000 | USD |
CY2021Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-4000000 | USD |
CY2020Q1 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-4000000 | USD |
CY2021Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-11000000 | USD |
CY2020Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
-8000000 | USD |
CY2021Q1 | us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
3000000 | USD |
CY2021Q1 | us-gaap |
Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
|
8000000 | USD |
CY2021Q1 | spgi |
Interest In Joint Venture Minimum Percentage
InterestInJointVentureMinimumPercentage
|
0.20 | |
CY2020Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
2781000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
51000000 | USD |
CY2021Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
40000000 | USD |
CY2021Q1 | us-gaap |
Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
|
16000000 | USD |
CY2021Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
2808000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-10000000 | USD |
CY2021Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
1000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-11000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
755000000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
639000000 | USD |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
240600000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
242100000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000.0 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1200000 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
241600000 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
243300000 | shares |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.14 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.64 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.12 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.62 | |
CY2021Q1 | spgi |
Lessee Operating Lease Periodof Optionsto Terminate Lease
LesseeOperatingLeasePeriodofOptionstoTerminateLease
|
P1Y | |
CY2021Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | Segment |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2016000000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1786000000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1081000000 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
912000000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2016000000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2016000000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1786000000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1786000000 | USD |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2016000000 | USD |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1786000000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P12Y | |
CY2021Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
32000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
479000000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
494000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
100000000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
100000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
525000000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
544000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
33000000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
36000000 | USD |
CY2021Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
1000000 | USD |
CY2020Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
4000000 | USD |
CY2021Q1 | us-gaap |
Lease Cost
LeaseCost
|
32000000 | USD |
CY2020Q1 | us-gaap |
Lease Cost
LeaseCost
|
32000000 | USD |
CY2020Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
39000000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
6000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y4M24D | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y6M | |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0345 | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0378 | |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
89000000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
103000000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
85000000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
68000000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
60000000 | USD |
CY2021Q1 | spgi |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
304000000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
709000000 | USD |
CY2021Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
84000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
625000000 | USD |