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Segment and Related Information | 6 Months Ended
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Jun. 30, 2017
Segment Reporting [Abstract] |
Segment and Related Information | Segment and Related Information We have three reportable segments: Ratings, Market and Commodities Intelligence and Indices. 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 | 2017 |  | 2016
(in millions) | Revenue |  | Operating Profit |  | Revenue |  | Operating Profit
Ratings 1 | $ | 747 |  |  | $ | 397 |  |  | $ | 682 |  |  | $ | 396 |
Market and Commodities Intelligence 2 | 606 |  |  | 191 |  |  | 671 |  |  | 186 |
Indices 3 | 184 |  |  | 119 |  |  | 153 |  |  | 100 |
Intersegment elimination 4 | (28 | ) |  | — |  |  | (24 | ) |  | — |
Total operating segments | 1,509 |  |  | 707 |  |  | 1,482 |  |  | 682 |
Unallocated expense 5 | — |  |  | (30 | ) |  | — |  |  | (31 | )
Total | $ | 1,509 |  |  | $ | 677 |  |  | $ | 1,482 |  |  | $ | 651 |
Six Months | 2017 |  | 2016
(in millions) | Revenue |  | Operating Profit |  | Revenue |  | Operating Profit
Ratings 1 | $ | 1,461 |  |  | $ | 773 |  |  | $ | 1,234 |  |  | $ | 658 |
Market and Commodities Intelligence 2 | 1,199 |  |  | 378 |  |  | 1,333 |  |  | 369 |
Indices 3 | 355 |  |  | 233 |  |  | 304 |  |  | 200 |
Intersegment elimination 4 | (53 | ) |  | — |  |  | (48 | ) |  | — |
Total operating segments | 2,962 |  |  | 1,384 |  |  | 2,823 |  |  | 1,227 |
Unallocated expense 5 | — |  |  | (60 | ) |  | — |  |  | (64 | )
Total | $ | 2,962 |  |  | $ | 1,324 |  |  | $ | 2,823 |  |  | $ | 1,163 |
1 | Operating profit for the six months ended June 30, 2017 includes legal settlement expenses of $2 million. Operating profit for the three and six months ended June 30, 2016 includes a benefit related to net legal settlement insurance recoveries of $34 million and $46 million, respectively, and employee severance charges of $6 million. Operating profit also includes amortization of intangibles from acquisitions of $1 million for the three months ended June 30, 2017 and 2016 and $2 million and $3 million for the six months ended June 30, 2017 and 2016, respectively.
2 | Operating profit includes a charge to exit a leased facility of $6 million, employee severance charges of $5 million and an asset write-off of $2 million for the three and six months ended June 30, 2017 and non-cash acquisition and disposition-related adjustments of $15 million for the six months ended June 30, 2017. Operating profit includes disposition-related costs of $10 million and $12 million for the three and six months ended June 30, 2016, respectively, and a technology-related impairment charge of $24 million for the six months ended June 30, 2016. Operating profit also includes amortization of intangibles from acquisitions of $23 million and $21 million for the three months ended June 30, 2017 and 2016, respectively, and $44 million and $41 million for the six months ended June 30, 2017 and 2016, respectively.
3 | Operating profit includes amortization of intangibles from acquisitions of $1 million for the three months ended June 30, 2017 and 2016 and $3 million for the six months ended June 30, 2017 and 2016.
4 | Revenue for Ratings and expenses for Market and Commodities Intelligence include an intersegment royalty charged to Market and Commodities Intelligence for the rights to use and distribute content and data developed by Ratings.
5 | Operating profit for the three and six months ended June 30, 2016 includes $3 million from a disposition-related reserve release.
The following provides revenue by geographic region for the periods ended June 30:
(in millions) | Three Months |  | Six Months
| 2017 |  | 2016 |  | 2017 |  | 2016
U.S. | $ | 922 |  |  | $ | 910 |  |  | $ | 1,813 |  |  | $ | 1,750 |
European region | 360 |  |  | 339 |  |  | 706 |  |  | 636 |
Asia | 142 |  |  | 156 |  |  | 275 |  |  | 293 |
Rest of the world | 85 |  |  | 77 |  |  | 168 |  |  | 144 |
Total | $ | 1,509 |  |  | $ | 1,482 |  |  | $ | 2,962 |  |  | $ | 2,823 |
See Note 2 — Acquisitions and Divestitures and Note 10 — Restructuring for additional actions that impacted the segment operating results.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 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=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: 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=68060357&loc=d3e8906-108599 + Details
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