| Segment information |
| |
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|
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|
2011 |
|
|
2010 |
|
| |
|
|
|
|
|
Operating |
|
|
|
|
|
|
Operating |
|
| Three Months |
|
Revenue |
|
|
Income |
|
|
Revenue |
|
|
Income |
|
|
S&P
|
|
$ |
409.9 |
|
|
$ |
169.1 |
|
|
$ |
417.5 |
|
|
$ |
187.3 |
|
|
MH Financial
|
|
|
348.5 |
|
|
|
112.6 |
|
|
|
294.3 |
|
|
|
85.8 |
|
|
MHE
|
|
|
937.3 |
|
|
|
314.7 |
|
|
|
1,054.7 |
|
|
|
357.5 |
|
|
I&M
|
|
|
228.5 |
|
|
|
51.3 |
|
|
|
204.1 |
|
|
|
43.8 |
|
|
Intersegment elimination
|
|
|
(16.2 |
) 1 |
|
|
— |
|
|
|
(14.4 |
) 1 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating segments
|
|
|
1,908.0 |
|
|
|
647.7 |
|
|
|
1,956.2 |
|
|
|
674.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
General corporate expense
|
|
|
— |
|
|
|
(40.9 |
) |
|
|
— |
|
|
|
(44.4 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
1,908.0 |
|
|
$ |
606.8 |
|
|
$ |
1,956.2 |
|
|
$ |
630.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
2011 |
|
|
2010 |
|
| |
|
|
|
|
|
Operating |
|
|
|
|
|
|
Operating |
|
| Nine Months |
|
Revenue |
|
|
Income |
|
|
Revenue |
|
|
Income |
|
|
S&P
|
|
$ |
1,333.1 |
|
|
$ |
572.2 |
|
|
$ |
1,223.8 |
|
|
$ |
557.5 |
|
|
MH Financial
|
|
|
1,005.9 |
|
|
|
306.7 |
|
|
|
866.8 |
|
|
|
240.3 |
|
|
MHE
|
|
|
1,776.6 |
|
|
|
281.4 |
|
|
|
1,936.9 |
|
|
|
347.3 |
|
|
I&M
|
|
|
657.6 |
|
|
|
139.1 |
|
|
|
590.4 |
|
|
|
118.0 |
|
|
Intersegment elimination
|
|
|
(46.8 |
)1 |
|
|
— |
|
|
|
(41.3 |
)1 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating segments
|
|
|
4,726.4 |
|
|
|
1,299.4 |
|
|
|
4,576.6 |
|
|
|
1,263.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
General corporate expense
|
|
|
— |
|
|
|
(119.3 |
) |
|
|
— |
|
|
|
(117.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
4,726.4 |
|
|
$ |
1,180.1 |
|
|
$ |
4,576.6 |
|
|
$ |
1,145.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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| 1 |
|
Revenue for S&P and expenses for MH Financial include an intersegment
royalty charged to MH Financial for the rights to use and distribute content and data
developed by S&P. |
| |
|
See Note 2 — Acquisitions and Divestitures, and Note 11 — Restructuring for actions that
impacted the segment operating results. |
|