Segment and Related Information (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of operating results by segment

A summary of operating results by segment for the three months ended March 31 is as follows:



	2014						2013
(in millions)	Revenue			Operating Profit			Revenue			Operating Profit
S&P Ratings	$	569		$	240		$	561		$	249
S&P Capital IQ	301			53			288			50
S&P DJ Indices	137			91			115			64
C&C	251			76			236			60
Intersegment elimination ¹	(22		)	—			(19		)	—
Total operating segments	1,236			460			1,181			423
Unallocated expense ²	—			(30		)	—			(145		)
Total	$	1,236		$	430		$	1,181		$	278


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	The three months ended March 31, 2013, includes $44 million in costs necessary to enable the separation of MHE and reduce our cost structure and approximately $77 million for pre-tax legal settlements.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details