XML 52 R37.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
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, 2019, gross | $ | 15,676 |  | $ | 4,186 |  | $ | 2,171 |  | $ | 2,411 |  | $ | 24,444 |
Accumulated impairment at December 31, 2019 | (2,633) |  | (867) |  | — |  | (254) |  | (3,754) |
Balance at December 31, 2019 | 13,043 |  | 3,319 |  | 2,171 |  | 2,157 |  | 20,690 |
Impairment | (11,484) |  | (3,289) |  | — |  | — |  | (14,773) |
Currency exchange and others | (20) |  | (24) |  | 63 |  | 41 |  | 60 |
Balance at December 31, 2020 | 1,539 |  | 6 |  | 2,234 |  | 2,198 |  | 5,977 |
Currency exchange and others | 10 |  | (3) |  | (62) |  | 37 |  | (18) |
Balance at December 31, 2021 | $ | 1,549 |  | $ | 3 |  | $ | 2,172 |  | $ | 2,235 |  | $ | 5,959 |
Schedule of Finite-lived Intangible Assets | Intangible assets are comprised of the following at December 31:
| 2021 | 2020
| Gross Carrying Amount | Accumulated Amortization | Net | Gross Carrying Amount | Accumulated Amortization | Net
Customer relationships | $ | 1,922 |  | $ | (752) |  | $ | 1,170 |  | $ | 2,261 |  | $ | (916) |  | $ | 1,345 |
Technology | 1,090 |  | (747) |  | 343 |  | 1,127 |  | (696) |  | $ | 431 |
Trade names and trademarks | 292 |  | (169) |  | 123 |  | 326 |  | (181) |  | 145 |
Capitalized software | 1,311 |  | (1,057) |  | 254 |  | 1,294 |  | (1,041) |  | 253 |
Finite-lived intangible assets (1) | 4,615 |  | (2,725) |  | 1,890 |  | 5,008 |  | (2,834) |  | 2,174 |
Indefinite-lived intangible assets | 2,241 |  | — |  | 2,241 |  | 2,223 |  | — |  | 2,223 |
Total intangible assets | $ | 6,856 |  | $ | (2,725) |  | $ | 4,131 |  | $ | 7,231 |  | $ | (2,834) |  | $ | 4,397 |
(1)For the year ended December 31, 2020, we recorded intangible asset impairments to customer relationships of $481 million, technology of $8 million, and trade names and trademarks of $237 million. See "Note 20. Restructuring, Impairment and Other" for further discussion.
Schedule of Indefinite-lived Intangible Assets | Intangible assets are comprised of the following at December 31:
| 2021 | 2020
| Gross Carrying Amount | Accumulated Amortization | Net | Gross Carrying Amount | Accumulated Amortization | Net
Customer relationships | $ | 1,922 |  | $ | (752) |  | $ | 1,170 |  | $ | 2,261 |  | $ | (916) |  | $ | 1,345 |
Technology | 1,090 |  | (747) |  | 343 |  | 1,127 |  | (696) |  | $ | 431 |
Trade names and trademarks | 292 |  | (169) |  | 123 |  | 326 |  | (181) |  | 145 |
Capitalized software | 1,311 |  | (1,057) |  | 254 |  | 1,294 |  | (1,041) |  | 253 |
Finite-lived intangible assets (1) | 4,615 |  | (2,725) |  | 1,890 |  | 5,008 |  | (2,834) |  | 2,174 |
Indefinite-lived intangible assets | 2,241 |  | — |  | 2,241 |  | 2,223 |  | — |  | 2,223 |
Total intangible assets | $ | 6,856 |  | $ | (2,725) |  | $ | 4,131 |  | $ | 7,231 |  | $ | (2,834) |  | $ | 4,397 |
(1)For the year ended December 31, 2020, we recorded intangible asset impairments to customer relationships of $481 million, technology of $8 million, and trade names and trademarks of $237 million. See "Note 20. Restructuring, Impairment and Other" for further discussion.
Schedule of Finite-lived Intangible Assets, Future Amortization Expense | Estimated amortization expense for each of the subsequent five fiscal years is expected to be as follows:
Year | Estimated Amortization Expense
2022 | $ | 216 |
2023 | 204 |
2024 | 187 |
2025 | 142 |
2026 | 95 |

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

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration