v2.3.0.11
Segment Information
6 Months Ended
Jun. 30, 2011
Segment Information [Abstract]  
SEGMENT INFORMATION
NOTE 3. SEGMENT INFORMATION
     Baker Hughes has ten operating segments that have been aggregated into the following five reportable segments:
    North America (U.S. and Canada)
 
    Latin America
 
    Europe/Africa/Russia Caspian
 
    Middle East/Asia Pacific
    Industrial Services and Other (downstream chemicals and reservoir development services)
     We have aggregated our operating segments within each reportable segment because they have similar economic characteristics and because the long-term financial performance of the segments is affected by similar economic conditions. The performance of our segments is evaluated based on profit before tax, which is defined as income before income taxes, interest expense, interest income, and certain gains and losses not allocated to the segments. The financial results of BJ Services are included in each of the five reportable segments from the date of acquisition on April 28, 2010.
     Summarized financial information is shown in the following table:
                                 
    Three Months Ended     Three Months Ended  
    June 30, 2011     June 30, 2010  
Segments   Revenue     Profit (loss)     Revenue     Profit (loss)  
 
North America
  $ 2,368     $ 440     $ 1,486     $ 204  
Latin America
    542       71       384       13  
Europe/Africa/Russia Caspian
    806       47       736       69  
Middle East/Asia Pacific
    701       88       545       40  
Industrial Services and Other
    324       34       223       18  
 
Total Operations
    4,741       680       3,374       344  
Corporate and Other
          (63 )           (56 )
Interest expense, net
          (54 )           (30 )
Acquisition-related costs
                      (56 )
 
Total
  $ 4,741     $ 563     $ 3,374     $ 202  
 
                                 
    Six Months Ended     Six Months Ended  
    June 30, 2011     June 30, 2010  
Segments   Revenue     Profit (loss)     Revenue     Profit (loss)  
 
North America
  $ 4,720     $ 900     $ 2,405     $ 345  
Latin America
    1,015       134       656       22  
Europe/Africa/Russia Caspian
    1,577       138       1,456       149  
Middle East/Asia Pacific
    1,360       167       984       70  
Industrial Services and Other
    594       48       412       35  
 
Total Operations
    9,266       1,387       5,913       621  
Corporate and Other
          (130 )           (105 )
Interest expense, net
          (106 )           (54 )
Acquisition-related costs
                      (66 )
 
Total
  $ 9,266     $ 1,151     $ 5,913     $ 396