This Report summarises the results of the second year's activities of the LHC Higgs Cross Section Working Group. The main goal of the working group was to present the state of the art of Higgs Physics at the LHC, integrating all new results that have appeared in the last few years. The first working group report Handbook of LHC Higgs Cross Sections: 1. Inclusive Observables (CERN-2011-002) focuses on predictions (central values and errors) for total Higgs production cross sections and Higgs branching ratios in the Standard Model and its minimal supersymmetric extension, covering also related issues such as Monte Carlo generators, parton distribution functions, and pseudo-observables. This second Report represents the next natural step towards realistic predictions upon providing results on cross sections with benchmark cuts, differential distributions, details of specific decay channels, and further recent developments.