v3.26.1
CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Total Moody's Shareholders' Equity
Common Stock
Capital Surplus
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Loss
Non- Controlling Interests
Common stock, shares issued beginning balance (in shares) at Dec. 31, 2024     342,900,000          
Treasury stock, common, beginning balance (shares) at Dec. 31, 2024           (162,600,000)    
Beginning Balance at Dec. 31, 2024 $ 3,727 $ 3,565 $ 3 $ 1,451 $ 16,071 $ (13,322) $ (638) $ 162
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 1,204 1,203     1,203     1
Dividends (342) (341)     (341)     (1)
Stock-based compensation 121 121   121        
Shares issued for stock-based compensation plans at average cost, net (56) (56)   (20)   $ (36)    
Shares issued for stock-based compensation plans at average cost, net (in shares)           500,000    
Treasury shares repurchased, inclusive of excise tax of $5 million (662) (662)   0   $ (662)    
Treasury shares repurchased, inclusive of excise tax (in shares)           (1,400,000)    
Currency translation adjustment, net of net investment hedge activity (net of tax) 117 120         120 (3)
Net actuarial gains (losses), net of tax (1) (1)         (1)  
Amortization of actuarial gains and prior service credits included in net income (1) (1)         (1)  
Amortization of losses on cash flow hedges 1 1         1  
Common stock, shares issued ending balance (in shares) at Jun. 30, 2025     342,900,000          
Treasury stock, common, ending balance (shares) at Jun. 30, 2025           (163,500,000)    
Ending Balance at Jun. 30, 2025 4,108 3,949 $ 3 1,552 16,933 $ (14,020) (519) 159
Common stock, shares issued beginning balance (in shares) at Mar. 31, 2025     342,900,000          
Treasury stock, common, beginning balance (shares) at Mar. 31, 2025           (163,000,000.0)    
Beginning Balance at Mar. 31, 2025 3,858 3,700 $ 3 1,483 16,526 $ (13,734) (578) 158
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 579 578     578     1
Dividends (171) (171)     (171)     0
Stock-based compensation 63 63   63        
Shares issued for stock-based compensation plans at average cost, net 8 8   6   $ 2    
Shares issued for stock-based compensation plans at average cost, net (in shares)           100,000    
Treasury shares repurchased, inclusive of excise tax of $5 million (288) (288)   0   $ (288)    
Treasury shares repurchased, inclusive of excise tax (in shares)           (600,000)    
Currency translation adjustment, net of net investment hedge activity (net of tax) 60 60         60
Net actuarial gains (losses), net of tax (1) (1)         (1)  
Amortization of actuarial gains and prior service credits included in net income (1) (1)         (1)  
Amortization of losses on cash flow hedges 1 1         1  
Common stock, shares issued ending balance (in shares) at Jun. 30, 2025     342,900,000          
Treasury stock, common, ending balance (shares) at Jun. 30, 2025           (163,500,000)    
Ending Balance at Jun. 30, 2025 $ 4,108 3,949 $ 3 1,552 16,933 $ (14,020) (519) 159
Common stock, shares issued beginning balance (in shares) at Dec. 31, 2025     342,900,000          
Treasury stock, common, beginning balance (shares) at Dec. 31, 2025 (165,359,285)         (165,400,000)    
Beginning Balance at Dec. 31, 2025 $ 4,205 4,054 $ 3 1,676 17,853 $ (14,978) (500) 151
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 1,540 1,539     1,539     1
Dividends (373) (365)     (365)     (8)
Stock-based compensation 120 120   120        
Shares issued for stock-based compensation plans at average cost, net (85) (85)   (43)   $ (42)    
Shares issued for stock-based compensation plans at average cost, net (in shares)           400,000    
Noncontrolling interest resulting from majority acquisition 6 0           6
Treasury shares repurchased, inclusive of excise tax of $5 million (2,184) (2,184)   0   $ (2,184)    
Treasury shares repurchased, inclusive of excise tax (in shares)           (4,700,000)    
Currency translation adjustment, net of net investment hedge activity (net of tax) (68) (59)         (59) (9)
Net actuarial gains (losses), net of tax 5 5         5  
Amortization of actuarial gains and prior service credits included in net income (1) (1)         (1)  
Amortization of losses on cash flow hedges $ 1 1         1  
Common stock, shares issued ending balance (in shares) at Jun. 30, 2026     342,900,000          
Treasury stock, common, ending balance (shares) at Jun. 30, 2026 (169,721,288)         (169,700,000)    
Ending Balance at Jun. 30, 2026 $ 3,166 3,025 $ 3 1,753 19,027 $ (17,204) (554) 141
Common stock, shares issued beginning balance (in shares) at Mar. 31, 2026     342,900,000          
Treasury stock, common, beginning balance (shares) at Mar. 31, 2026           (168,200,000)    
Beginning Balance at Mar. 31, 2026 3,143 2,994 $ 3 1,686 18,331 $ (16,507) (519) 149
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 879 878     878     1
Dividends (189) (182)     (182)     (7)
Stock-based compensation 62 62   62        
Shares issued for stock-based compensation plans at average cost, net 9 9   5   $ 4    
Shares issued for stock-based compensation plans at average cost, net (in shares)           0    
Noncontrolling interest resulting from majority acquisition 6 0           6
Treasury shares repurchased, inclusive of excise tax of $5 million (701) (701)       $ (701)    
Treasury shares repurchased, inclusive of excise tax (in shares)           (1,500,000)    
Currency translation adjustment, net of net investment hedge activity (net of tax) (46) (38)         (38) (8)
Net actuarial gains (losses), net of tax 4 4         4  
Amortization of actuarial gains and prior service credits included in net income $ (1) (1)         (1)  
Common stock, shares issued ending balance (in shares) at Jun. 30, 2026     342,900,000          
Treasury stock, common, ending balance (shares) at Jun. 30, 2026 (169,721,288)         (169,700,000)    
Ending Balance at Jun. 30, 2026 $ 3,166 $ 3,025 $ 3 $ 1,753 $ 19,027 $ (17,204) $ (554) $ 141