Segment and Related Information (Tables)

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Schedule of operating results by segment

A summary of operating results by segment for the periods ended September 30 is as follows:

Three Months	2013						2012
(in millions)	Revenue			Operating Profit			Revenue			Operating Profit
S&P Ratings	$	540		$	243		$	502		$	209
S&P Capital IQ	293			54			284			40
S&P DJ Indices	124			80			109			61
C&C	255			91			239			60
Intersegment elimination 1	(18		)	—			(18		)	—
Total operating segments	1,194			468			1,116			370
Unallocated expense 2	—			(61		)	—			(95		)
Total	$	1,194		$	407		$	1,116		$	275

Nine Months	2013						2012
(in millions)	Revenue			Operating Profit			Revenue			Operating Profit
S&P Ratings	$	1,701		$	779		$	1,451		$	603
S&P Capital IQ	868			165			835			160
S&P DJ Indices	363			227			277			148
C&C	750			236			713			195
Intersegment elimination 1	(57		)	—			(52		)	—
Total operating segments	3,625			1,407			3,224			1,106
Unallocated expense 2	—			(286		)	—			(241		)
Total	$	3,625		$	1,121		$	3,224		$	865

¹  Revenue for S&P Ratings and expenses for S&P Capital IQ include an intersegment royalty charged to S&P Capital IQ for the rights to use and distribute content and data developed by S&P Ratings.

²  Includes Growth and Value Plan costs of $10 million and $64 million for the three and nine months ended September 30, 2013, respectively and $48 million and $101 million for the three and nine months ended September 30, 2012, respectively. Also includes pre-tax legal settlements of approximately $77 million for the nine months ended September 30, 2013.