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Segment and Related Information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of Operating Results by Segment
A summary of operating results for the periods ended June 30 is as follows: 
Revenue
Three Months
 
Six Months
(in millions)
2018
 
2017
 
2018
 
2017
Ratings
$
775

 
$
747

 
$
1,523

 
$
1,461

Market Intelligence
447

 
414

 
884

 
816

Platts
205

 
192

 
401

 
383

Indices
209

 
184

 
423

 
355

Corporate
5

 

 
5

 

Intersegment elimination 1
(32
)
 
(28
)
 
(60
)
 
(53
)
Total revenue
$
1,609

 
$
1,509

 
$
3,176

 
$
2,962

Operating Profit
Three Months
 
Six Months
(in millions)
2018
 
2017
 
2018
 
2017
Ratings 2
$
369

 
$
395

 
$
777

 
$
769

Market Intelligence 3
128

 
112

 
240

 
216

Platts 4
98

 
78

 
188

 
160

Indices 5
136

 
119

 
283

 
233

Total reportable segments
731

 
704

 
1,488

 
1,378

Corporate Unallocated 6
(59
)
 
(36
)
 
(105
)
 
(72
)
Total operating profit
$
672

 
$
668

 
$
1,383

 
$
1,306


1 
Revenue for Ratings and expenses for Market Intelligence include an intersegment royalty charged to Market Intelligence for the rights to use and distribute content and data developed by Ratings.
2 
Operating profit for the three and six months ended June 30, 2018 includes legal settlement expenses of $73 million. Operating profit for the six months ended June 30, 2017 includes legal settlement expenses of $2 million. Operating profit also includes amortization of intangibles from acquisitions of $1 million for the three months ended June 30, 2018 and 2017 and $1 million and $2 million for the six months ended June 30, 2018 and 2017, respectively.
3 
Operating profit includes amortization of intangibles from acquisitions of $18 million for the three months ended June 30, 2018 and 2017 and $36 million and $35 million for the six months ended June 30, 2018 and 2017, respectively. Operating profit includes employee severance charges of $4 million for the three and six months ended June 30, 2017 and a non-cash disposition-related adjustment of $4 million for the six months ended June 30, 2017.
4 
Operating profit includes amortization of intangibles from acquisitions of $4 million and $5 million for the three months ended June 30, 2018 and 2017, respectively, and $9 million for the six months ended June 30, 2018 and 2017. Operating profit includes a charge to exit a leased facility of $6 million, an asset write-off of $2 million and employee severance charges of $1 million for the three and six months ended June 30, 2017 and a non-cash acquisition-related adjustment of $11 million for the six months ended June 30, 2017.
5 
Operating profit includes amortization of intangibles from acquisitions of $2 million and $1 million for the three months ended June 30, 2018 and 2017, respectively, and $3 million for the six months ended June 30, 2018 and 2017.
6 
Operating loss includes Kensho retention related expense of $12 million and amortization of intangibles from acquisitions of $8 million for the three and six months ended June 30, 2018.

Schedule of Revenue by Geographic Region
The following provides revenue by geographic region for the periods ended June 30:
(in millions)
Three Months
 
Six Months
 
2018
 
2017
 
2018
 
2017
U.S.
$
960

 
$
921

 
$
1,911

 
$
1,812

European region
404

 
361

 
785

 
706

Asia
158

 
142

 
315

 
276

Rest of the world
87

 
85

 
165

 
168

Total
$
1,609

 
$
1,509

 
$
3,176

 
$
2,962