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Segment and Related Information (Tables)
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of operating results by segment
A summary of operating results by segment for the periods ended June 30 is as follows: 
Three Months
2016
 
2015
(in millions)
Revenue
 
Operating Profit
 
Revenue
 
Operating Profit
S&P Global Ratings 1
$
682

 
$
396

 
$
658

 
$
361

S&P Global Market Intelligence 2
416

 
93

 
324

 
63

S&P DJ Indices 3
153

 
100

 
148

 
96

S&P Global Platts 4
255

 
93

 
234

 
87

Intersegment elimination 5
(24
)
 
—

 
(22
)
 
—

Total operating segments
1,482

 
682

 
1,342

 
607

Unallocated expense 6
—

 
(31
)
 
—

 
(25
)
Total
$
1,482

 
$
651

 
$
1,342

 
$
582


Six Months
2016
 
2015
(in millions)
Revenue
 
Operating Profit
 
Revenue
 
Operating Profit
S&P Global Ratings 1
$
1,234

 
$
658

 
$
1,264

 
$
652

S&P Global Market Intelligence 2
824

 
173

 
644

 
125

S&P DJ Indices 3
304

 
200

 
291

 
191

S&P Global Platts 4
509

 
196

 
459

 
173

Intersegment elimination 5
(48
)
 
—

 
(43
)
 
—

Total operating segments
2,823

 
1,227

 
2,615

 
1,141

Unallocated expense 6
—

 
(64
)
 
—

 
(58
)
Total
$
2,823

 
$
1,163

 
$
2,615

 
$
1,083


1 
Operating profit for the three and six months ended June 30, 2016 includes a benefit related to legal settlement insurance recoveries of $37 million and $52 million, respectively, partially offset by legal settlement charges of $3 million and $6 million, respectively. Operating profit for the three and six months ended June 30, 2015 includes a benefit related to legal settlement insurance recoveries of $45 million and $80 million, respectively, partially offset by legal settlement charges of $4 million and $34 million, respectively. Additionally, the three and six months ended June 30, 2016 and 2015 includes restructuring charges of $6 million and $8 million, respectively. Operating profit also includes amortization of intangibles from acquisitions of $1 million for the three months ended June 30, 2016 and 2015 and $3 million and $2 million for the six months ended June 30, 2016 and 2015, respectively.
2 
Operating profit includes disposition-related costs of $8 million for the three and six months ended June 30, 2016 and a technology related impairment charge of $24 million for the six months ended June 30, 2016. Additionally, restructuring charges of $12 million are included for the three and six months ended June 30, 2015. Operating profit also includes amortization of intangibles from acquisitions of $18 million and $36 million for the three and six months ended June 30, 2016, respectively, and $6 million and $12 million for the three and six months ended June 30, 2015, respectively.
3 
Operating profit includes amortization of intangibles from acquisitions of $1 million for the three months ended June 30, 2016 and 2015 and $3 million for the six months ended June 30, 2016 and 2015.
4 
Operating profit for the three and six months ended June 30, 2016 includes disposition-related costs of $2 million and $4 million, respectively. Additionally, restructuring charges of $1 million are included for the three and six months ended June 30, 2015. Operating profit also includes amortization of intangibles from acquisitions of $3 million for the three months ended June 30, 2016 and 2015 and $5 million and $6 million for the six months ended June 30, 2016 and 2015, respectively.
5 
Revenue for S&P Global 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 Global Ratings.
6 
The three and six months ended June 30, 2016 includes $3 million from a disposition-related reserve release. The three and six months ended June 30, 2015 include a gain of $11 million related to the sale of our interest in a legacy McGraw Hill Construction investment. See Note 2 — Acquisitions and Divestitures for additional information. Additionally, restructuring charges of $1 million are included for the three and six months ended June 30, 2015.
Revenue by geographic region
The following provides revenue by geographic region for the periods ended June 30:
(in millions)
Three Months
 
Six Months
 
2016
 
2015
 
2016
 
2015
U.S.
$
910

 
$
810

 
$
1,750

 
$
1,575

European region
339

 
310

 
636

 
617

Asia
156

 
151

 
293

 
279

Rest of the world
77

 
71

 
144

 
144

Total
$
1,482

 
$
1,342

 
$
2,823

 
$
2,615