| Segment Operating Profit |
Information by reportable segment were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | Six Months Ended June 30, 2026 | | (in millions) | HS | | FS | | P&R | | CMT | | Total | | HS | | FS | | P&R | | CMT | | Total | Revenues | $ | 1,572 | | | $ | 1,733 | | | $ | 1,322 | | | $ | 854 | | | $ | 5,481 | | | $ | 3,151 | | | $ | 3,377 | | | $ | 2,643 | | | $ | 1,723 | | | $ | 10,894 | | Less: Other segment items | 1,260 | | | 1,456 | | | 1,157 | | | 731 | | | 4,604 | | | 2,524 | | | 2,848 | | | 2,300 | | | 1,502 | | | 9,174 | | | Segment operating profit | $ | 312 | | | $ | 277 | | | $ | 165 | | | $ | 123 | | | $ | 877 | | | $ | 627 | | | $ | 529 | | | $ | 343 | | | $ | 221 | | | $ | 1,720 | | Unallocated benefits/(costs) | | | | | | | | | (3) | | | | | | | | | | | (3) | | | Income from operations | | | | | | | | | $ | 874 | | | | | | | | | | | $ | 1,717 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | Six Months Ended June 30, 2025 | | (in millions) | HS | | FS | | P&R | | CMT | | Total | | HS | | FS | | P&R | | CMT | | Total | Revenues | $ | 1,551 | | | $ | 1,547 | | | $ | 1,306 | | | $ | 841 | | | $ | 5,245 | | | $ | 3,122 | | | $ | 3,009 | | | $ | 2,584 | | | $ | 1,645 | | | $ | 10,360 | | Less: Other segment items | 1,259 | | | 1,297 | | | 1,139 | | | 733 | | | 4,428 | | | 2,542 | | | 2,516 | | | 2,238 | | | 1,456 | | | 8,752 | | | Segment operating profit | $ | 292 | | | $ | 250 | | | $ | 167 | | | $ | 108 | | | $ | 817 | | | $ | 580 | | | $ | 493 | | | $ | 346 | | | $ | 189 | | | $ | 1,608 | | Unallocated benefits/(costs) | | | | | | | | | — | | | | | | | | | | | 62 | | | Income from operations | | | | | | | | | $ | 817 | | | | | | | | | | | $ | 1,670 | |
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| Revenues and Long-Lived Assets by Geographic Area |
Long-lived assets by geographic area are as follows: | | | | | | | | | | | | | As of | | (in millions) | June 30, 2026 | | December 31, 2025 | Long-lived Assets: (1) | | | | North America (2) | $ | 331 | | | $ | 300 | | | Europe | 66 | | | 67 | | Rest of World (3) | 584 | | | 566 | | | Total | $ | 981 | | | $ | 933 | |
(1)Long-lived assets include property and equipment, net of accumulated depreciation and amortization. (2)Substantially all relates to the United States. (3)Substantially all relates to India.
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