$SPGI
S&P Global Inc.

2024 Q3 Form 10-Q Financial Statement

#000006404024000150 Filed on July 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $3.575B $3.549B
YoY Change 15.92% 14.45%
Cost Of Revenue $1.072B $1.085B
YoY Change 7.74% 5.75%
Gross Profit $2.503B $2.464B
YoY Change 19.82% 18.75%
Gross Profit Margin 70.01% 69.43%
Selling, General & Admin $808.0M $734.0M
YoY Change 9.04% 13.98%
% of Gross Profit 32.28% 29.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.00M $25.00M
YoY Change 0.0% -91.2%
% of Gross Profit 0.88% 1.01%
Operating Expenses $808.0M $734.0M
YoY Change 9.04% -20.99%
Operating Profit $1.434B $1.452B
YoY Change 33.52% 26.7%
Interest Expense $72.00M $77.00M
YoY Change -14.29% -206.94%
% of Operating Profit 5.02% 5.3%
Other Income/Expense, Net -$2.000M $3.000M
YoY Change -140.0% -50.0%
Pretax Income $1.360B $1.378B
YoY Change 36.68% 65.23%
Income Tax $313.0M $293.0M
% Of Pretax Income 23.01% 21.26%
Net Earnings $971.0M $1.011B
YoY Change 30.86% 97.85%
Net Earnings / Revenue 27.16% 28.49%
Basic Earnings Per Share $3.12 $3.23
Diluted Earnings Per Share $3.11 $3.23
COMMON SHARES
Basic Shares Outstanding 313.0M shares 312.9M shares
Diluted Shares Outstanding 311.5M shares 313.2M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.697B $2.039B
YoY Change 3.16% 30.62%
Cash & Equivalents $1.696B $2.038B
Short-Term Investments
Other Short-Term Assets $3.505B $3.603B
YoY Change 472.71% 486.81%
Inventory
Prepaid Expenses
Receivables $2.635B $2.709B
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.202B $5.642B
YoY Change 8.28% 19.53%
LONG-TERM ASSETS
Property, Plant & Equipment $252.0M $248.0M
YoY Change -0.79% -62.37%
Goodwill $34.99B $34.98B
YoY Change 0.59% 0.42%
Intangibles $16.85B $17.10B
YoY Change -4.46% -4.54%
Long-Term Investments $1.800B $1.795B
YoY Change 0.5% 0.17%
Other Assets $885.0M $825.0M
YoY Change -1.67% 5.1%
Total Long-Term Assets $55.17B $55.31B
YoY Change -1.06% -1.18%
TOTAL ASSETS
Total Short-Term Assets $5.202B $5.642B
Total Long-Term Assets $55.17B $55.31B
Total Assets $60.37B $60.96B
YoY Change -0.32% 0.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $475.0M $477.0M
YoY Change 3.71% -2.25%
Accrued Expenses $934.0M $690.0M
YoY Change 22.41% 10.93%
Deferred Revenue $3.288B $3.406B
YoY Change 8.8% 8.2%
Short-Term Debt $4.000M $4.000M
YoY Change
Long-Term Debt Due $4.000M $4.000M
YoY Change -91.49% -99.52%
Total Short-Term Liabilities $5.505B $5.500B
YoY Change 5.5% -8.79%
LONG-TERM LIABILITIES
Long-Term Debt $11.40B $11.40B
YoY Change -0.15% 6.79%
Other Long-Term Liabilities $933.0M $820.0M
YoY Change 84.02% -33.17%
Total Long-Term Liabilities $12.33B $12.22B
YoY Change 3.43% 2.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.505B $5.500B
Total Long-Term Liabilities $12.33B $12.22B
Total Liabilities $21.98B $21.97B
YoY Change 2.04% -12.9%
SHAREHOLDERS EQUITY
Retained Earnings $20.36B $19.96B
YoY Change 8.75% 9.18%
Common Stock $44.69B $44.82B
YoY Change -0.37% 0.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $33.99B $34.88B
YoY Change
Total Liabilities & Shareholders Equity $60.37B $60.96B
YoY Change -0.32% 0.43%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $971.0M $1.011B
YoY Change 30.86% 97.85%
Depreciation, Depletion And Amortization $22.00M $25.00M
YoY Change 0.0% -91.2%
Cash From Operating Activities $1.445B $1.556B
YoY Change 42.65% 102.34%
INVESTING ACTIVITIES
Capital Expenditures $31.00M $36.00M
YoY Change -13.89% 16.13%
Acquisitions
YoY Change
Other Investing Activities $88.00M -$263.0M
YoY Change -776.92% -127.98%
Cash From Investing Activities $57.00M -$299.0M
YoY Change -216.33% -132.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.875B -748.0M
YoY Change 119.3% -50.69%
NET CHANGE
Cash From Operating Activities 1.445B 1.556B
Cash From Investing Activities 57.00M -299.0M
Cash From Financing Activities -1.875B -748.0M
Net Change In Cash -373.0M 509.0M
YoY Change -442.2% 216.15%
FREE CASH FLOW
Cash From Operating Activities $1.445B $1.556B
Capital Expenditures $31.00M $36.00M
Free Cash Flow $1.414B $1.520B
YoY Change 44.73% 105.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3549000000 usd
CY2024Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent
CY2023Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
552000000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
47000000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
572000000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
578000000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
133000000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
140000000 usd
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
104000000 usd
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
8000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1501000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7000000 usd
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
297000000 usd
CY2024Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
3000000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
34970000000 usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
36370000000 usd
CY2023Q2 spgi Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
565000000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
299000000 usd
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1001000000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
40000000 usd
CY2023Q2 spgi Noncontrolling Interest Change In Redemption Value Of Redeemable Noncontrolling Interest
NoncontrollingInterestChangeInRedemptionValueOfRedeemableNoncontrollingInterest
117000000 usd
CY2023Q2 spgi Adjustment To Additional Paid In Capital Adjustment To Redeemable Noncontrolling Interest
AdjustmentToAdditionalPaidInCapitalAdjustmentToRedeemableNoncontrollingInterest
-2000000 usd
CY2023Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
-3000000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35559000000 usd
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
34300000000 usd
spgi Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
1940000000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.82
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
583000000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
500000000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28000000 usd
spgi Noncontrolling Interest Change In Redemption Value Of Redeemable Noncontrolling Interest
NoncontrollingInterestChangeInRedemptionValueOfRedeemableNoncontrollingInterest
203000000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
12000000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
34970000000 usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
36477000000 usd
spgi Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Excluding Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestExcludingRedeemableNoncontrollingInterest
1389000000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.80
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
587000000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1501000000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15000000 usd
spgi Noncontrolling Interest Change In Redemption Value Of Redeemable Noncontrolling Interest
NoncontrollingInterestChangeInRedemptionValueOfRedeemableNoncontrollingInterest
237000000 usd
spgi Adjustment To Additional Paid In Capital Adjustment To Redeemable Noncontrolling Interest
AdjustmentToAdditionalPaidInCapitalAdjustmentToRedeemableNoncontrollingInterest
-2000000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
-5000000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35559000000 usd
CY2024Q2 spgi Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
68000000 usd
CY2023Q2 spgi Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
58000000 usd
spgi Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
138000000 usd
spgi Comprehensive Income Loss Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
119000000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 segment
us-gaap Use Of Estimates
UseOfEstimates
On an ongoing basis, we evaluate our estimates and assumptions, including those related to revenue recognition, business combinations, 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.
CY2024Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
1000000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1000000 usd
CY2024Q2 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
83000000 usd
CY2023Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
75000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2400000000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4100000000 usd
CY2024Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
261000000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
234000000 usd
CY2024Q2 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P5Y
CY2024Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-6000000 usd
CY2023Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-6000000 usd
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-12000000 usd
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-12000000 usd
CY2024Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
-3000000 usd
CY2023Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
5000000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
1000000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-12000000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
11000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.213
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.201
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.311
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.238
CY2024Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
255000000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
230000000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
58000000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
50000000 usd
CY2024Q2 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
12000000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
11405000000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
11459000000 usd
CY2024Q2 us-gaap Debt Current
DebtCurrent
4000000 usd
CY2023Q4 us-gaap Debt Current
DebtCurrent
47000000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11401000000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11412000000 usd
CY2024Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
9900000000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
10300000000 usd
CY2024Q2 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
0 usd
CY2023Q4 us-gaap Commercial Paper At Carrying Value
CommercialPaperAtCarryingValue
0 usd
spgi Ratio Of Indebtedness To Cash Flow
RatioOfIndebtednessToCashFlow
4
CY2024Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1000000 usd
CY2023Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1000000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1000000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1000000 usd
CY2024Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
17000000 usd
CY2023Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
19000000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
35000000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
37000000 usd
CY2024Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
24000000 usd
CY2023Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
25000000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
49000000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
50000000 usd
CY2024Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1000000 usd
CY2023Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 usd
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2000000 usd
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1000000 usd
CY2024Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-5000000 usd
CY2023Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-5000000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-11000000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-11000000 usd
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
5000000 usd
CY2024Q2 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
6000000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.91
CY2024Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
17200000 shares
spgi Accelerated Stock Repurchase Program Number Of Accounting Transactions
AcceleratedStockRepurchaseProgramNumberOfAccountingTransactions
2 transaction
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1400000 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1200000 shares
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4300000 shares
spgi Interest In Joint Venture Minimum Percentage
InterestInJointVentureMinimumPercentage
0.20
spgi Business Acquisition Agreement Terms Change Of Control Put Option For Minority Interest Ownership Effective Period
BusinessAcquisitionAgreementTermsChangeOfControlPutOptionForMinorityInterestOwnershipEffectivePeriod
P15D
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
3800000000 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
138000000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
127000000 usd
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
203000000 usd
CY2024Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
4014000000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-76000000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-76000000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
1011000000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
511000000 usd
us-gaap Net Income Loss
NetIncomeLoss
2002000000 usd
us-gaap Net Income Loss
NetIncomeLoss
1305000000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
313000000.0 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
319300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
313300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
320300000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
200000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
500000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
600000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
313200000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
319800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
313600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
320900000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.23
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.08
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.23
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.60
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.07
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 segment
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3549000000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3101000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7040000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6261000000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1452000000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
911000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
2837000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
2056000000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3549000000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3549000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7040000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7040000000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3101000000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3101000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6261000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6261000000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3101000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7040000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6261000000 usd
CY2024Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P15Y
spgi Lessee Operating Lease Period Of Options To Terminate Lease
LesseeOperatingLeasePeriodOfOptionsToTerminateLease
P1Y
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
372000000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
379000000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
107000000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
105000000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
515000000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
541000000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
32000000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
36000000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
66000000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
66000000 usd
CY2024Q2 us-gaap Sublease Income
SubleaseIncome
4000000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
5000000 usd
us-gaap Sublease Income
SubleaseIncome
8000000 usd
us-gaap Sublease Income
SubleaseIncome
9000000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
28000000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
31000000 usd
us-gaap Lease Cost
LeaseCost
58000000 usd
us-gaap Lease Cost
LeaseCost
57000000 usd
CY2024Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
34000000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
38000000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
69000000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
77000000 usd
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
31000000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
42000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0378
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0346
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
70000000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
123000000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
116000000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
108000000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
87000000 usd
CY2024Q2 spgi Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
233000000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
737000000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
115000000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
622000000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0000064040-24-000150-index-headers.html Edgar Link pending
0000064040-24-000150-index.html Edgar Link pending
0000064040-24-000150.txt Edgar Link pending
0000064040-24-000150-xbrl.zip Edgar Link pending
exhibit101-spgixspecialadv.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
spgi-20240630.htm Edgar Link pending
spgi-20240630.xsd Edgar Link pending
spgi-20240630_g1.jpg Edgar Link pending
spgi-20240630_g2.jpg Edgar Link pending
spgi-20240630_g3.jpg Edgar Link pending
spgi-ex15x2024630q2.htm Edgar Link pending
spgi-ex311x2024630q2.htm Edgar Link pending
spgi-ex312x2024630q2.htm Edgar Link pending
spgi-ex32x2024630q2.htm Edgar Link pending
spgi-20240630_cal.xml Edgar Link unprocessable
spgi-20240630_def.xml Edgar Link unprocessable
spgi-20240630_lab.xml Edgar Link unprocessable
spgi-20240630_pre.xml Edgar Link unprocessable
spgi-20240630_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable