XML 53 R42.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Summarized financial information
Summarized financial information is shown in the following tables. Consistent accounting policies have been applied by all segments within the Company, for all reporting periods. The current period results may not be comparable to prior periods as the current period includes the results of Baker Hughes.
 
Three Months Ended June 30,
Six Months Ended June 30,
Segments revenue
2018
2017
2018
2017
Oilfield Services
$
2,884

$
228

$
5,562

$
440

Oilfield Equipment
617

681

1,281

1,397

Turbomachinery & Process Solutions
1,385

1,586

2,845

3,230

Digital Solutions
662

520

1,260

1,011

Total
$
5,548

$
3,015

$
10,947

$
6,079



The performance of our operating segments is evaluated based on segment operating income (loss), which is defined as income (loss) before income taxes and equity in loss of affiliate and before the following: net interest expense, net other non operating income (loss), corporate expenses, restructuring, impairment and other charges, inventory impairments, merger and related costs and certain gains and losses not allocated to the operating segments.
 
Three Months Ended June 30,
Six Months Ended June 30,
Segment income (loss) before income taxes
2018
2017
2018
2017
Oilfield Services
$
189

$
(66
)
$
330

$
(123
)
Oilfield Equipment
(12
)
17

(18
)
67

Turbomachinery & Process Solutions
113

122

232

374

Digital Solutions
96

79

169

163

Total segment
387

152

714

481

Corporate
(98
)
(70
)
(196
)
(190
)
Inventory impairment (1)
(15
)
(4
)
(76
)
(19
)
Restructuring, impairment and other
(146
)
(59
)
(308
)
(101
)
Merger and related costs
(50
)
(85
)
(96
)
(151
)
Other non operating income, net
43

50

45

58

Interest expense, net
(63
)
(14
)
(109
)
(34
)
Total
$
58

$
(30
)
$
(27
)
$
44


(1)
Charges for inventory impairments are reported in the "Cost of goods sold" caption of the condensed consolidated and combined statements of income (loss).