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Segment and Related Information
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment and Related Information
Segment and Related Information

We have four reportable segments: S&P Ratings, S&P Global Market Intelligence, S&P DJ Indices and C&C. Our Chief Executive Officer is our chief operating decision-maker and evaluates performance of our segments and allocates resources based primarily on operating profit. Segment operating profit does not include unallocated expense or interest expense as these are costs that do not affect the operating results of our segments.

A summary of operating results by segment for the three months ended March 31 is as follows: 
 
2016
 
2015
(in millions)
Revenue
 
Operating Profit
 
Revenue
 
Operating Profit
S&P Ratings 1
$
552

 
$
262

 
$
606

 
$
291

S&P Global Market Intelligence 2
407

 
81

 
320

 
63

S&P DJ Indices 3
151

 
101

 
143

 
95

C&C 4
254

 
102

 
225

 
85

Intersegment elimination 5
(23
)
 
—

 
(21
)
 
—

Total operating segments
1,341

 
546

 
1,273

 
534

Unallocated expense
—

 
(34
)
 
—

 
(33
)
Total
$
1,341

 
$
512

 
$
1,273

 
$
501


1 
Operating profit for 2016 and 2015 includes a benefit related to legal settlement insurance recoveries $15 million and $35 million, respectively, partially offset by legal settlement charges of $3 million and $29 million, respectively. Operating profit for 2016 and 2015 also includes amortization of intangibles from acquisitions of $1 million.
2 
Operating profit for 2016 includes a technology related impairment charge of $24 million. Operating profit for 2016 and 2015 also includes amortization of intangibles from acquisitions of $19 million and $6 million, respectively.
3 
Operating profit for 2016 and 2015 includes amortization of intangibles from acquisitions of $1 million.
4 
Operating profit for 2016 includes disposition-related costs of $3 million. Operating profit for 2016 and 2015 also includes amortization of intangibles from acquisitions of $3 million.
5 
Revenue for S&P Ratings and expenses for S&P Global Market Intelligence include an intersegment royalty charged to S&P Global Market Intelligence for the rights to use and distribute content and data developed by S&P Ratings.

The following provides revenue by geographic region for the three months ended March 31:
(in millions)
2016
 
2015
U.S.
$
840

 
$
765

European region
297

 
307

Asia
137

 
128

Rest of the world
67

 
73

Total
$
1,341

 
$
1,273



See Note 2 — Acquisitions and Divestitures for additional actions that impacted the segment operating results.