SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2020

The table below shows revenue, Adjusted Operating Income and operating income by reportable segment. Adjusted Operating Income is a financial metric utilized by the Company’s chief operating decision maker to assess the profitability of each reportable segment. Refer to Note 3 for further details on the components of the Company’s revenue.


	Year Ended December 31,
	2020								2019
	MIS		MA		Eliminations		Consolidated		MIS		MA		Eliminations		Consolidated
Revenue	$	3,440	$	2,086	$	(155)	$	5,371	$	3,009	$	1,963	$	(143)	$	4,829
Total Expense	1,476		1,662		(155)		2,983		1,376		1,598		(143)		2,831
Operating income	1,964		424		—		2,388		1,633		365		—		1,998
Add:
Restructuring	19		31		—		50		31		29		—		60
Depreciation and amortization	70		150		—		220		71		129		—		200
Acquisition-Related Expenses	—		—		—		—		—		3		—		3
Loss pursuant to the divestiture of MAKS	—		9		—		9		—		14		—		14
Captive insurance company settlement	—		—		—		—		10		6		—		16
Adjusted Operating Income	$	2,053	$	614	$	—	$	2,667	$	1,745	$	546	$	—	$	2,291


	Year Ended December 31, 2018
	MIS		MA		Eliminations		Consolidated
Revenue	$	2,836	$	1,743	$	(136)	$	4,443
Total Expense	1,276		1,435		(136)		2,575
Operating Income	1,560		308		—		1,868
Add:
Restructuring	32		17		—		49
Depreciation and amortization	65		127		—		192
Acquisition-Related Expenses	—		8		—		8


Adjusted Operating income	$	1,657	$	460	$	—	$	2,117

Company's Reportable Segment Revenues Disaggregated by Segment and Geographic Region

CONSOLIDATED REVENUE AND LONG-LIVED ASSETS INFORMATION BY GEOGRAPHIC AREA


	Year Ended December 31,
	2020		2019		2018
Revenue:
U.S.	$	2,955	$	2,544	$	2,330
Non-U.S.:
EMEA	1,545		1,446		1,377
Asia-Pacific	571		551		493
Americas	300		288		243
Total Non-U.S.	2,416		2,285		2,113
Total	$	5,371	$	4,829	$	4,443
Long-lived assets at December 31:
U.S.	$	2,162	$	1,290	$	982
Non-U.S.	4,889		4,678		4,685
Total	$	7,051	$	5,968	$	5,667