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Segment and Related Information (Tables)
6 Months Ended
Jun. 30, 2015
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
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.