MOODYS CORP DE
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
MCO$510.71-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets (Unaudited) at and December 31,
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Amounts in millions, except share and per share data)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,476 | $2,130 |
| Short-term investments | 58 | 63 |
| Accounts receivable, net of allowance for credit losses of $35 in 2024 and $35 in 2023 | 1,835 | 1,659 |
| Other current assets | 437 | 489 |
| Total current assets | 4,806 | 4,341 |
| Property and equipment, net of accumulated depreciation of $1,320 in 2024 and $1,272 in 2023 | 613 | 603 |
| Operating lease right-of-use assets | 260 | 277 |
| Goodwill | 5,909 | 5,956 |
| Intangible assets, net | 1,983 | 2,049 |
| Deferred tax assets, net | 270 | 258 |
| Other assets | 1,170 | 1,138 |
| Total assets | $15,011 | $14,622 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $976 | $1,076 |
| Current portion of operating lease liabilities | 109 | 108 |
| Current portion of long-term debt | 685 | — |
| Deferred revenue | 1,612 | 1,316 |
| Total current liabilities | 3,382 | 2,500 |
| Non-current portion of deferred revenue | 61 | 65 |
| Long-term debt | 6,259 | 7,001 |
| Deferred tax liabilities, net | 458 | 402 |
| Uncertain tax positions | 201 | 196 |
| Operating lease liabilities | 280 | 306 |
| Other liabilities | 635 | 676 |
| Total liabilities | 11,276 | 11,146 |
| Contingencies (Note 15) | ||
| Shareholders' equity: | ||
| Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; no shares issued and outstanding | — | — |
| Series common stock, par value $0.01 per share; 10,000,000 shares authorized; no shares issued and outstanding | — | — |
| Common stock, par value $0.01 per share; 1,000,000,000 shares authorized; 342,902,272 shares issued at March 31, 2024 and December 31, 2023, respectively | 3 | 3 |
| Capital surplus | 1,252 | 1,228 |
| Retained earnings | 15,081 | 14,659 |
| Treasury stock, at cost; 160,292,910 and 160,430,754 shares of common stock at March 31, 2024 and December 31, 2023, respectively | (12,153) | (12,005) |
| Accumulated other comprehensive loss | (608) | (567) |
| Total Moody's shareholders' equity | 3,575 | 3,318 |
| Noncontrolling interests | 160 | 158 |
| Total shareholders' equity | 3,735 | 3,476 |
| Total liabilities, noncontrolling interests, and shareholders' equity | $15,011 | $14,622 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.