Moody's Corporation (MCO) financial statements (2022 and earlier)

Company profile

Business Address 7 WORLD TRADE CENTER
NEW YORK, NY 10007
State of Incorp. DE
Fiscal Year End December 31
SIC 732 - Consumer Credit Reporting Agencies, Mercantile (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,9022,3432,8972,8652,6962,5882,199
Cash and cash equivalents1,8112,2392,8092,7692,5972,4922,099
Short-term investments9110488969996100
Receivables1,7201,5891,4581,4971,4301,3601,401
Other current assets389323379333383333363
Total current assets:4,0114,2554,7344,6954,5094,2813,963
Noncurrent Assets
Operating lease, right-of-use asset438451357375393410429
Property, plant and equipment347301282269278282298
Intangible assets, net (including goodwill)8,4668,4086,3746,3766,3805,9995,859
Goodwill5,9995,8984,5904,5664,5564,2824,162
Intangible assets, net (excluding goodwill)2,4672,5101,7841,8101,8241,7171,697
Deferred income tax assets384363249240334232188
Other noncurrent assets1,034636556545515468561
Total noncurrent assets:10,66910,1597,8187,8057,9007,3917,335
TOTAL ASSETS:14,68014,41412,55212,50012,40911,67211,298
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,1421,0848168281,039712795
Accounts payable47301821392636
Accrued liabilities231191185202210188202
Employee-related liabilities211196149203197131137
Taxes payable11520110815612897199
Interest and dividends payable91517739935073
Other undisclosed accounts payable and accrued liabilities447415279207372220148
Deferred revenue1,2491,0991,1421,2321,0899181,001
Debt 507     
Other undisclosed current liabilities1051039294949190
Total current liabilities:2,4962,7932,0502,1542,2221,7211,886
Noncurrent Liabilities
Long-term debt and lease obligation4557,4396,7416,7464276,8026,784
Long-term debt, excluding current maturities 6,9696,3556,340 6,3636,333
Operating lease, liability455470386406427439451
Liabilities, other than long-term debt1,4001,5631,3811,3751,5751,4561,391
Deferred revenue8687939698102104
Deferred income tax liabilities488564422404404385414
Liability for uncertainty in income taxes388492406402483471455
Other liabilities438420460473590498418
Other undisclosed noncurrent liabilities7,413   6,422  
Total noncurrent liabilities:9,2689,0028,1228,1218,4248,2588,175
Total liabilities:11,76411,79510,17210,27510,6469,97910,061
Temporary equity, carrying amount     55
Stockholders' equity
Stockholders' equity attributable to parent, including:2,7272,4302,1862,0301,5691,4971,041
Common stock 333333
Treasury stock, value(10,513)(10,394)(10,270)(9,904)(9,748)(9,505)(9,513)
Additional paid in capital885832784739735699651
Accumulated other comprehensive loss(410)(462)(425)(440)(432)(504)(542)
Retained earnings12,76212,45112,09411,63211,01110,80410,442
Other undisclosed stockholders' equity attributable to parent3      
Stockholders' equity attributable to noncontrolling interest189189194195194191191
Total stockholders' equity:2,9162,6192,3802,2251,7631,6881,232
TOTAL LIABILITIES AND EQUITY:14,68014,41412,55212,50012,40911,67211,298

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues1,5391,5261,5531,6001,2901,3561,435
Cost of revenue(485)(394)(365)(393)(409)(364)(362)
Gross profit:1,0541,1321,1881,2078819921,073
Operating expenses(540)(456)(387)(354)(1,508)  
Other undisclosed operating income (loss)    1,071(350)(363)
Operating income:514676801853444642710
Nonoperating income (expense)2(57)(43)9(44)(43)(44)
Other nonoperating income (expense)64(4)61681016
Interest and debt expense116(47)(41)(41) (42)(48)
Other undisclosed income from continuing operations before equity method investments, income taxes   41 4248
Income from continuing operations before equity method investments, income taxes:632572717862400599666
Income from equity method investments60  8243
Other undisclosed income (loss) from continuing operations before income taxes(176)4741    
Income from continuing operations before income taxes:516619758870402603669
Income tax expense(89)(145)(181)(126)(86)(132)(157)
Income before gain (loss) on sale of properties:427474577744316471512
Other undisclosed net loss   (8)(2)(4)(3)
Net income available to common stockholders, diluted:427474577736314467509

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:427474577736314467509
Other comprehensive income (loss)52(40)14(6)7639 
Comprehensive income:479434591730390506509
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 31(2)(4)(1)11
Comprehensive income, net of tax, attributable to parent:479437592728386505520

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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