XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Segment Information | 6 Months Ended
--- | ---
Jun. 30, 2018
Segment Reporting [Abstract] |
Segment Information | 11. Segment Information
|  |  |  |  | (Stated in millions) |
| Second Quarter 2018 |  |  | Second Quarter 2017 |
|  |  |  |  | Income |  |  |  |  |  |  | Income |
|  |  |  |  | Before |  |  |  |  |  |  | Before |
| Revenue |  |  | Taxes |  |  | Revenue |  |  | Taxes |
Reservoir Characterization | $ | 1,636 |  |  | $ | 350 |  |  | $ | 1,759 |  |  | $ | 299 |
Drilling |  | 2,234 |  |  |  | 289 |  |  |  | 2,107 |  |  |  | 302 |
Production |  | 3,257 |  |  |  | 316 |  |  |  | 2,496 |  |  |  | 221 |
Cameron |  | 1,295 |  |  |  | 166 |  |  |  | 1,265 |  |  |  | 174 |
Eliminations & other |  | (119 | ) |  |  | (27 | ) |  |  | (165 | ) |  |  | (46 | )
Pretax operating income |  |  |  |  |  | 1,094 |  |  |  |  |  |  |  | 950 |
Corporate & other (1) |  |  |  |  |  | (239 | ) |  |  |  |  |  |  | (242 | )
Interest income (2) |  |  |  |  |  | 11 |  |  |  |  |  |  |  | 28 |
Interest expense (3) |  |  |  |  |  | (135 | ) |  |  |  |  |  |  | (128 | )
Charges and credits (4) |  |  |  |  |  | (184 | ) |  |  |  |  |  |  | (591 | )
| $ | 8,303 |  |  | $ | 547 |  |  | $ | 7,462 |  |  | $ | 17 |
(1) Comprised principally of certain corporate expenses not allocated to the segments, stock-based compensation costs, amortization expense associated with certain intangible assets, certain centrally managed initiatives and other nonoperating items. (2) Interest income excludes amounts which are included in the segments’ income ($1 million in 2018; $6 million in 2017). (3) Interest expense excludes amounts which are included in the segments’ income ($9 million in 2018; $14 million in 2017). (4) See Note 2 – Charges and Credits.
|  |  |  |  | (Stated in millions) |
| Six Months 2018 |  |  | Six Months 2017 |
|  |  |  |  | Income |  |  |  |  |  |  | Income |
|  |  |  |  | Before |  |  |  |  |  |  | Before |
| Revenue |  |  | Taxes |  |  | Revenue |  |  | Taxes |
Reservoir Characterization | $ | 3,192 |  |  | $ | 657 |  |  | $ | 3,377 |  |  | $ | 580 |
Drilling |  | 4,360 |  |  |  | 582 |  |  |  | 4,092 |  |  |  | 531 |
Production |  | 6,216 |  |  |  | 532 |  |  |  | 4,683 |  |  |  | 331 |
Cameron |  | 2,605 |  |  |  | 332 |  |  |  | 2,494 |  |  |  | 336 |
Eliminations & other |  | (242 | ) |  |  | (35 | ) |  |  | (290 | ) |  |  | (71 | )
Pretax operating income |  |  |  |  |  | 2,068 |  |  |  |  |  |  |  | 1,707 |
Corporate & other (1) |  |  |  |  |  | (464 | ) |  |  |  |  |  |  | (480 | )
Interest income (2) |  |  |  |  |  | 36 |  |  |  |  |  |  |  | 52 |
Interest expense (3) |  |  |  |  |  | (266 | ) |  |  |  |  |  |  | (254 | )
Charges and credits (4) |  |  |  |  |  | (184 | ) |  |  |  |  |  |  | (674 | )
| $ | 16,131 |  |  | $ | 1,190 |  |  | $ | 14,356 |  |  | $ | 351 |
(1) Comprised principally of certain corporate expenses not allocated to the segments, stock-based compensation costs, amortization expense associated with certain intangible assets, certain centrally managed initiatives and other nonoperating items. (2) Interest income excludes amounts which are included in the segments’ income ($4 million in 2018; $11 million in 2017). (3) Interest expense excludes amounts which are included in the segments’ income ($21 million in 2018; $27 million in 2017). (4) See Note 2 – Charges and Credits. Revenue by geographic area was as follows:
|  |  |  |  |  |  |  |  | (Stated in millions) |
| Second Quarter |  |  | Six Months |
| 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
North America | $ | 3,139 |  |  | $ | 2,202 |  |  | $ | 5,974 |  |  | $ | 4,074 |
Latin America |  | 919 |  |  |  | 1,039 |  |  |  | 1,790 |  |  |  | 1,991 |
Europe/CIS/Africa |  | 1,778 |  |  |  | 1,750 |  |  |  | 3,482 |  |  |  | 3,401 |
Middle East & Asia |  | 2,367 |  |  |  | 2,347 |  |  |  | 4,676 |  |  |  | 4,666 |
Eliminations & other |  | 100 |  |  |  | 124 |  |  |  | 209 |  |  |  | 224 |
| $ | 8,303 |  |  | $ | 7,462 |  |  | $ | 16,131 |  |  | $ | 14,356 |
North America and International revenue disaggregated by Group was as follows:
|  |  |  |  |  |  |  |  | (Stated in millions) |
| Second Quarter 2018 |
| North |  |  |  |  |  |  | Eliminations |  |  |  |  |
| America |  |  | International |  |  | & other |  |  | Total |
Reservoir Characterization | $ | 269 |  |  | $ | 1,233 |  |  | $ | 134 |  |  | $ | 1,636 |
Drilling |  | 568 |  |  |  | 1,612 |  |  |  | 54 |  |  |  | 2,234 |
Production |  | 1,695 |  |  |  | 1,560 |  |  |  | 2 |  |  |  | 3,257 |
Cameron |  | 611 |  |  |  | 707 |  |  |  | (23 | ) |  |  | 1,295 |
Other |  | (4 | ) |  |  | (48 | ) |  |  | (67 | ) |  |  | (119 | )
| $ | 3,139 |  |  | $ | 5,064 |  |  | $ | 100 |  |  | $ | 8,303 |
| Second Quarter 2017 |
| North |  |  |  |  |  |  | Eliminations |  |  |  |  |
| America |  |  | International |  |  | & other |  |  | Total |
Reservoir Characterization | $ | 217 |  |  | $ | 1,372 |  |  | $ | 170 |  |  | $ | 1,759 |
Drilling |  | 485 |  |  |  | 1,565 |  |  |  | 57 |  |  |  | 2,107 |
Production |  | 1,032 |  |  |  | 1,475 |  |  |  | (11 | ) |  |  | 2,496 |
Cameron |  | 474 |  |  |  | 788 |  |  |  | 3 |  |  |  | 1,265 |
Other |  | (6 | ) |  |  | (64 | ) |  |  | (95 | ) |  |  | (165 | )
| $ | 2,202 |  |  | $ | 5,136 |  |  | $ | 124 |  |  | $ | 7,462 |
|  |  |  |  | (Stated in millions) |
| Six Months 2018 |
| North |  |  |  |  |  |  | Eliminations |  |  |  |  |
| America |  |  | International |  |  | & other |  |  | Total |
Reservoir Characterization | $ | 491 |  |  | $ | 2,429 |  |  | $ | 272 |  |  | $ | 3,192 |
Drilling |  | 1,132 |  |  |  | 3,125 |  |  |  | 103 |  |  |  | 4,360 |
Production |  | 3,195 |  |  |  | 3,018 |  |  |  | 3 |  |  |  | 6,216 |
Cameron |  | 1,180 |  |  |  | 1,461 |  |  |  | (36 | ) |  |  | 2,605 |
Other |  | (24 | ) |  |  | (85 | ) |  |  | (133 | ) |  |  | (242 | )
| $ | 5,974 |  |  | $ | 9,948 |  |  | $ | 209 |  |  | $ | 16,131 |
| Six Months 2017 |
| North |  |  |  |  |  |  | Eliminations |  |  |  |  |
| America |  |  | International |  |  | & other |  |  | Total |
Reservoir Characterization | $ | 448 |  |  | $ | 2,639 |  |  | $ | 290 |  |  | $ | 3,377 |
Drilling |  | 940 |  |  |  | 3,034 |  |  |  | 118 |  |  |  | 4,092 |
Production |  | 1,770 |  |  |  | 2,927 |  |  |  | (14 | ) |  |  | 4,683 |
Cameron |  | 919 |  |  |  | 1,581 |  |  |  | (6 | ) |  |  | 2,494 |
Other |  | (3 | ) |  |  | (123 | ) |  |  | (164 | ) |  |  | (290 | )
| $ | 4,074 |  |  | $ | 10,058 |  |  | $ | 224 |  |  | $ | 14,356 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration