v2.4.0.8
Segment Information - (Notes)
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Segment Reporting
NOTE 3. SEGMENT INFORMATION

We are a supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas business, referred to as oilfield operations, which are managed through operating segments that are aligned with our geographic regions. We also provide services and products to the downstream chemicals, and process and pipeline industries, referred to as Industrial Services.

The performance of our operating segments is evaluated based on profit before tax, which is defined as income before income taxes and before the following: net interest expense, corporate expenses and certain gains and losses not allocated to the operating segments. During the third quarter of 2014, profit before tax for the Europe/Africa/Russia Caspian ("EARC") segment was impacted by a charge of $58 million associated with the restructuring of our North Africa business and impairment of certain assets, resulting primarily from the recent disruption of our operations in Libya. Concurrent with the restructuring of this business, certain North African entities previously reported in our Middle East/Asia Pacific segment were realigned and are now reported within our EARC segment to reflect how we manage the business. Accordingly, all prior segment disclosures for revenue and profit (loss) before taxes for these two segments have been reclassified to reflect this realignment. There were no material changes in segment revenue, profit (loss) before taxes or assets as a result of this change.

Summarized financial information is shown in the following table:
 
Three Months Ended
 
Three Months Ended
 
September 30, 2014
 
September 30, 2013
Segments
Revenue
 
Profit (Loss) Before Taxes
 
Revenue
 
Profit (Loss) Before Taxes
North America
$
3,155

 
$
380

 
$
2,854

 
$
295

Latin America
571

 
71

 
557

 
(23
)
Europe/Africa/Russia Caspian
1,114

 
91

 
1,036

 
177

Middle East/Asia Pacific
1,077

 
155

 
1,012

 
149

Industrial Services
333

 
35

 
328

 
38

Total Operations
6,250

 
732

 
5,787

 
636

Corporate and other
—

 
(71
)
 
—

 
(60
)
Interest expense, net
—

 
(59
)
 
—

 
(58
)
Total
$
6,250

 
$
602

 
$
5,787

 
$
518


 
Nine Months Ended
 
Nine Months Ended
 
September 30, 2014
 
September 30, 2013
Segments
Revenue
 
Profit (Loss) Before Taxes
 
Revenue
 
Profit (Loss) Before Taxes
North America
$
8,774

 
$
978

 
$
8,134

 
$
741

Latin America
1,645

 
172

 
1,704

 
8

Europe/Africa/Russia Caspian
3,269

 
421

 
2,948

 
430

Middle East/Asia Pacific
3,241

 
448

 
2,785

 
371

Industrial Services
987

 
96

 
933

 
101

Total Operations
17,916

 
2,115

 
16,504

 
1,651

Corporate and other
—

 
(209
)
 
—

 
(184
)
Interest expense, net
—

 
(175
)
 
—

 
(173
)
Litigation settlements
—

 
(62
)
 
—

 
—

Total
$
17,916

 
$
1,669

 
$
16,504

 
$
1,294