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Segment and Related Information
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Segment and Related Information
Segment and Related Information

We have four reportable segments: S&P Ratings, S&P Capital IQ, 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 periods ended June 30 is as follows: 
Three Months
2015
 
2014
(in millions)
Revenue
 
Operating Profit
 
Revenue
 
Operating Profit
S&P Ratings 1
$
658

 
$
361

 
$
664

 
$
308

S&P Capital IQ
324

 
63

 
307

 
54

S&P DJ Indices
148

 
96

 
133

 
82

C&C
234

 
87

 
219

 
77

Intersegment elimination 2
(22
)
 
—

 
(21
)
 
—

Total operating segments
1,342

 
607

 
1,302

 
521

Unallocated expense 3
—

 
(25
)
 
—

 
(45
)
Total
$
1,342

 
$
582

 
$
1,302

 
$
476


Six Months
2015
 
2014
(in millions)
Revenue
 
Operating Profit
 
Revenue
 
Operating Profit
S&P Ratings 1
$
1,264

 
$
652

 
$
1,233

 
$
548

S&P Capital IQ
644

 
125

 
608

 
107

S&P DJ Indices
291

 
191

 
269

 
174

C&C
459

 
173

 
431

 
146

Intersegment elimination 2
(43
)
 
—

 
(43
)
 
—

Total operating segments
2,615

 
1,141

 
2,498

 
975

Unallocated expense 3
—

 
(58
)
 
—

 
(79
)
Total
$
2,615

 
$
1,083

 
$
2,498

 
$
896


1 
Operating profit for the three and six months ended June 30, 2015 include 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.
2 
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.
3 
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.

See Note 2 — Acquisitions and Divestitures and Note 9 — Restructuring for additional actions that impacted the segment operating results.