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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | The changes in the carrying value of goodwill are detailed below by segment:
| Oilfield Services | Oilfield Equipment | Turbo-machinery & Process Solutions | Digital Solutions | Total
Balance at December 31, 2016, gross | $ | 2,779 |  | $ | 3,852 |  | $ | 1,814 |  | $ | 1,989 |  | $ | 10,434 |
Accumulated impairment at December 31, 2016 | (2,633 | ) | (867 | ) | — |  | (254 | ) | (3,754 | )
Balance at December 31, 2016 | 146 |  | 2,985 |  | 1,814 |  | 1,735 |  | 6,680 |
Acquisition (1) | 13,052 |  | — |  | — |  | — |  | 13,052 |
Currency exchange and others | 7 |  | 49 |  | 92 |  | 47 |  | 195 |
Balance at December 31, 2017 | 13,205 |  | 3,034 |  | 1,906 |  | 1,782 |  | 19,927 |
Purchase accounting adjustments (1) | (154 | ) | 242 |  | 394 |  | 429 |  | 911 |
Currency exchange and others | (16 | ) | (36 | ) | (23 | ) | (5 | ) | (80 | )
Balance at June 30, 2018 | $ | 13,035 |  | $ | 3,240 |  | $ | 2,277 |  | $ | 2,206 |  | $ | 20,758 |
(1) | Includes goodwill associated with the acquisition of Baker Hughes. The final determination of fair value of the assets and liabilities and the related goodwill associated with the acquisition of Baker Hughes was concluded in the second quarter of 2018. Of the total goodwill of $13,963 million resulting from the acquisition of Baker Hughes, $12,898 million is allocated to our Oilfield Services segment and the remainder to our other segments based on the expected benefit from the synergies of the acquisition.
Schedule of finite-lived intangible assets | Intangible assets are comprised of the following:
| June 30, 2018 | December 31, 2017
| Gross Carrying Amount | Accumulated Amortization | Net | Gross Carrying Amount | Accumulated Amortization | Net
Technology | $ | 1,102 |  | $ | (496 | ) | $ | 606 |  | $ | 1,177 |  | $ | (440 | ) | $ | 737 |
Customer relationships | 3,169 |  | (899 | ) | 2,270 |  | 3,202 |  | (819 | ) | 2,383 |
Capitalized software | 1,114 |  | (762 | ) | 352 |  | 1,130 |  | (697 | ) | 433 |
Trade names and trademarks | 726 |  | (223 | ) | 503 |  | 757 |  | (159 | ) | 598 |
Other | 14 |  | (1 | ) | 13 |  | 10 |  | — |  | 10 |
Finite-lived intangible assets | 6,125 |  | (2,381 | ) | 3,744 |  | 6,276 |  | (2,115 | ) | 4,161 |
Indefinite-lived intangible assets (1) | 2,229 |  | — |  | 2,229 |  | 2,197 |  | — |  | 2,197 |
Total intangible assets | $ | 8,354 |  | $ | (2,381 | ) | $ | 5,973 |  | $ | 8,473 |  | $ | (2,115 | ) | $ | 6,358 |
(1) | Indefinite-lived intangible assets are principally comprised of the Baker Hughes trade name.
Schedule of indefinite-lived intangible assets | Intangible assets are comprised of the following:
| June 30, 2018 | December 31, 2017
| Gross Carrying Amount | Accumulated Amortization | Net | Gross Carrying Amount | Accumulated Amortization | Net
Technology | $ | 1,102 |  | $ | (496 | ) | $ | 606 |  | $ | 1,177 |  | $ | (440 | ) | $ | 737 |
Customer relationships | 3,169 |  | (899 | ) | 2,270 |  | 3,202 |  | (819 | ) | 2,383 |
Capitalized software | 1,114 |  | (762 | ) | 352 |  | 1,130 |  | (697 | ) | 433 |
Trade names and trademarks | 726 |  | (223 | ) | 503 |  | 757 |  | (159 | ) | 598 |
Other | 14 |  | (1 | ) | 13 |  | 10 |  | — |  | 10 |
Finite-lived intangible assets | 6,125 |  | (2,381 | ) | 3,744 |  | 6,276 |  | (2,115 | ) | 4,161 |
Indefinite-lived intangible assets (1) | 2,229 |  | — |  | 2,229 |  | 2,197 |  | — |  | 2,197 |
Total intangible assets | $ | 8,354 |  | $ | (2,381 | ) | $ | 5,973 |  | $ | 8,473 |  | $ | (2,115 | ) | $ | 6,358 |
(1) | Indefinite-lived intangible assets are principally comprised of the Baker Hughes trade name.
Schedule of finite-lived intangible assets, future amortization expense | Estimated amortization expense for the remainder of 2018 and each of the subsequent five fiscal years is expected to be as follows:
Year | Estimated Amortization Expense
Remainder of 2018 | $ | 185 |
2019 | 367 |
2020 | 331 |
2021 | 283 |
2022 | 247 |
2023 | 226 |

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