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Segment Information
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
Our reportable segments, which are the same as our operating segments, are organized based on the nature of markets and customers. We report our operating results through our four operating segments that consist of similar products and services within each segment. Our operating results are reviewed regularly by the chief operating decision maker, who is our Chief Executive Officer, in deciding how to allocate resources and assess performance. These products and services operate across upstream oil and gas and broader energy and industrial markets.
OILFIELD SERVICES
Oilfield Services provides discrete products and services, as well as integrated well services for onshore and offshore operations across the lifecycle of a well, ranging from drilling, evaluation, completion, production and intervention. Products and services include drilling services, including directional drilling, measurement while drilling & logging while drilling, diamond and tri-cone drill bits, drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping, oilfield and industrial chemicals and artificial lift technologies, including electrical submersible pumps and surface pumping systems.
OILFIELD EQUIPMENT
Oilfield Equipment provides a broad portfolio of products and services required to facilitate the safe and reliable control and flow of hydrocarbons from the wellhead to the production facilities. The Oilfield Equipment portfolio has solutions for the subsea, offshore surface, and onshore operating environments. Products and services include subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions including well intervention and decommissioning solutions, covering the entire life cycle of a field.
TURBOMACHINERY & PROCESS SOLUTIONS
Turbomachinery & Process Solutions provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry, including oil and gas, liquefied natural gas ("LNG") operations, downstream refining and petrochemical segments, as well as lower carbon solutions to broader energy and industrial sectors.  The Turbomachinery & Process Solutions portfolio includes drivers (aero-derivative gas turbines, heavy-duty gas turbines and synchronous and induction electric motors), compressors (centrifugal and axial, direct drive high speed, integrated, subsea compressors, turbo expanders and reciprocating), turnkey solutions (industrial modules and waste heat recovery), pumps, valves, and compressed natural gas ("CNG") and small-scale LNG solutions.
DIGITAL SOLUTIONS
Digital Solutions provides equipment, software, and services for a wide range of industries, including oil and gas, power generation, aerospace, metals, and transportation. The offerings include a number of products and solutions that provide industrial asset management capabilities, including sensor-based process measurement, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions.
SEGMENT RESULTS
Segment revenue and profit are determined based on the internal performance measures used by the Company to assess the performance of each segment in a financial period. 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.
Segment revenue202120202019
Oilfield Services$9,542 $10,140 $12,889 
Oilfield Equipment2,486 2,844 2,921 
Turbomachinery & Process Solutions6,417 5,705 5,536 
Digital Solutions2,057 2,015 2,492 
Total$20,502 $20,705 $23,838 
    The performance of our operating segments is evaluated based on segment operating income (loss), which is defined as income (loss) before income taxes before the following: net interest expense, net other non-operating income (loss), corporate expenses, restructuring, impairment and other charges, inventory impairments, separation related costs, goodwill impairment and certain gains and losses not allocated to the operating segments.
Segment income (loss) before income taxes202120202019
Oilfield Services$761 $487 $917 
Oilfield Equipment69 19 55 
Turbomachinery & Process Solutions1,050 805 719 
Digital Solutions126 193 343 
Total segment2,006 1,504 2,035 
Corporate(429)(464)(433)
Inventory impairment (1)
— (246)— 
Goodwill impairment— (14,773)— 
Restructuring, impairment and other(209)(1,866)(342)
Separation related(60)(134)(184)
Other non-operating income (loss), net(583)1,040 (84)
Interest expense, net(299)(264)(237)
Income (loss) before income taxes$428 $(15,202)$753 
(1)Charges for inventory impairments are predominantly reported in the "Cost of goods sold" caption of the consolidated statements of income (loss).
The following table presents total assets by segment at December 31:
Segment assets20212020
Oilfield Services$15,454 $15,482 
Oilfield Equipment2,616 3,344 
Turbomachinery & Process Solutions7,692 8,951 
Digital Solutions3,897 3,948 
Total segment29,659 31,725 
Corporate and eliminations (1)
5,649 6,282 
Total $35,308 $38,007 
(1)The assets in Corporate and eliminations consist primarily of cash, the Baker Hughes trade name, our investment in C3 AI, certain facilities, and certain other noncurrent assets. It also includes adjustments to eliminate intercompany investments and receivables reflected within the total assets of each of our reportable segments.
The following table presents depreciation and amortization by segment:
Segment depreciation and amortization202120202019
Oilfield Services$771 $926 $985 
Oilfield Equipment103 146 175 
Turbomachinery & Process Solutions
120 118 116 
Digital Solutions
88 98 103 
Total Segment1,082 1,288 1,379 
Corporate23 29 39 
Total$1,105 $1,317 $1,418 
The following table presents capital expenditures by segment:
Segment capital expenditures202120202019
Oilfield Services$590 $669 $926 
Oilfield Equipment69 74 120 
Turbomachinery & Process Solutions126 137 118 
Digital Solutions56 59 56 
Total Segment841 939 1,220 
Corporate15 35 20 
Total$856 $974 $1,240 
The following table presents net property, plant and equipment by its geographic location at December 31:
Property, plant and equipment - net202120202019
U.S.$1,651 $2,007 $2,594 
Non-U.S.3,226 3,351 3,646 
Total$4,877 $5,358 $6,240