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Segment and Geographic Information (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2015 | Dec. 31, 2014
Segment Reporting [Abstract] |  |
Segment information | 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.
| Segment information for the years ended December 31 is as follows:
(in millions) | Revenue |  | Operating (Loss) Profit
| 2014 | 2013 | 2012 |  | 2014 | 2013 | 2012
S&P Ratings | $ | 2,455 |  |  | $ | 2,274 |  |  | $ | 2,034 |  |  | $ | (583 | ) |  | $ | 882 |  |  | $ | 809 |
S&P Capital IQ | 1,237 |  |  | 1,170 |  |  | 1,124 |  |  | 228 |  |  | 189 |  |  | 183 |
S&P DJ Indices | 552 |  |  | 493 |  |  | 388 |  |  | 347 |  |  | 266 |  |  | 202 |
C&C 1 | 893 |  |  | 841 |  |  | 793 |  |  | 290 |  |  | 280 |  |  | 219 |
Intersegment elimination 2 | (86 | ) |  | (76 | ) |  | (69 | ) |  | — |  |  | — |  |  | — |
Total operating segments | 5,051 |  |  | 4,702 |  |  | 4,270 |  |  | 282 |  |  | 1,617 |  |  | 1,413 |
Unallocated expense 3 | — |  |  | — |  |  | — |  |  | (169 | ) |  | (259 | ) |  | (243 | )
Total | $ | 5,051 |  |  | $ | 4,702 |  |  | $ | 4,270 |  |  | $ | 113 |  |  | $ | 1,358 |  |  | $ | 1,170 |
1 | McGraw Hill Construction has historically been part of the C&C segment. In accordance with the presentation of McGraw Hill Construction as a discontinued operation, the results of operations, inclusive of corporate overhead allocations, for all periods presented have been reclassified out of C&C's results to reflect this change. See Note 2 — Acquisitions and Divestitures for further discussion.
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 year ended December 31, 2014 includes restructuring charges of $16 million. The year ended December 31, 2013 includes costs necessary to enable the separation of MHE and reduce our cost structure of $64 million, a $36 million non-cash impairment charge related to the sale of a data center and $13 million related to terminating various leases as we reduce our real estate portfolio. The year ended December 31, 2012 includes costs necessary to enable the separation of MHE and reduce our cost structure of $156 million and $52 million related to a vacation accrual reversal.
(in millions) | Depreciation & Amortization |  | Capital Expenditures
| 2014 | 2013 | 2012 |  | 2014 | 2013 | 2012
S&P Ratings | $ | 43 |  |  | $ | 45 |  |  | $ | 43 |  |  | $ | 33 |  |  | $ | 40 |  |  | $ | 43 |
S&P Capital IQ | 50 |  |  | 49 |  |  | 50 |  |  | 38 |  |  | 39 |  |  | 22 |
S&P DJ Indices | 7 |  |  | 10 |  |  | 8 |  |  | 2 |  |  | 4 |  |  | 2 |
C&C | 24 |  |  | 22 |  |  | 23 |  |  | 11 |  |  | 17 |  |  | 16 |
Total operating segments | 124 |  |  | 126 |  |  | 124 |  |  | 84 |  |  | 100 |  |  | 83 |
Corporate | 10 |  |  | 11 |  |  | 17 |  |  | 8 |  |  | 17 |  |  | 13 |
Total | $ | 134 |  |  | $ | 137 |  |  | $ | 141 |  |  | $ | 92 |  |  | $ | 117 |  |  | $ | 96 |
Segment information as of December 31 is as follows:
(in millions) | Total Assets
| 2014 |  | 2013
S&P Ratings | $ | 624 |  |  | $ | 630 |
S&P Capital IQ | 1,011 |  |  | 1,054 |
S&P DJ Indices | 1,166 |  |  | 1,160 |
C&C | 918 |  |  | 907 |
Total operating segments | 3,719 |  |  | 3,751 |
Corporate 1 | 3,052 |  |  | 2,213 |
Assets held for sale 2 | — |  |  | 97 |
Total | $ | 6,771 |  |  | $ | 6,061 |
1 | Corporate assets consist principally of cash and equivalents, assets for pension benefits, deferred income taxes and leasehold improvements related to subleased areas.
2 | Includes McGraw Hill Construction and one of our data centers as of December 31, 2013.
Schedule of revenue and long-lived assets by geographic region |  | The following provides revenue and long-lived assets by geographic region:
(in millions) | Revenue |  | Long-lived Assets
| Years ended December 31, |  | December 31,
| 2014 |  | 2013 |  | 2012 |  | 2014 |  | 2013
United States | $ | 2,911 |  |  | $ | 2,723 |  |  | $ | 2,508 |  |  | $ | 2,117 |  |  | $ | 2,206 |
European region | 1,316 |  |  | 1,226 |  |  | 1,067 |  |  | 430 |  |  | 432 |
Asia | 528 |  |  | 483 |  |  | 453 |  |  | 54 |  |  | 59 |
Rest of the world | 296 |  |  | 270 |  |  | 242 |  |  | 64 |  |  | 54 |
Total | $ | 5,051 |  |  | $ | 4,702 |  |  | $ | 4,270 |  |  | $ | 2,665 |  |  | $ | 2,751 |
| Revenue |  | Long-lived Assets
| Years ended December 31, |  | December 31,
| 2014 |  | 2013 |  | 2012 |  | 2014 |  | 2013
United States | 58 | % |  | 58 | % |  | 59 | % |  | 80 | % |  | 80 | %
European region | 26 |  |  | 26 |  |  | 25 |  |  | 16 |  |  | 16 |
Asia | 10 |  |  | 10 |  |  | 11 |  |  | 2 |  |  | 2 |
Rest of the world | 6 |  |  | 6 |  |  | 5 |  |  | 2 |  |  | 2 |
Total | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | %

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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