XML 48 R39.htm IDEA: XBRL DOCUMENT
v3.22.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Segment Reporting [Abstract] |
Schedule of 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.
| Three Months Ended June 30, | Six Months Ended June 30,
Segment revenue | 2022 | 2021 | 2022 | 2021
Oilfield Services | $ | 2,689 |  | $ | 2,358 |  | $ | 5,178 |  | $ | 4,558 |
Oilfield Equipment | 541 |  | 637 |  | 1,070 |  | 1,264 |
Turbomachinery & Process Solutions | 1,293 |  | 1,628 |  | 2,637 |  | 3,113 |
Digital Solutions | 524 |  | 520 |  | 997 |  | 989 |
Total | $ | 5,047 |  | $ | 5,142 |  | $ | 9,882 |  | $ | 9,924 |
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 loss, corporate expenses, restructuring, impairment and other charges, inventory impairments, separation 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 | 2022 | 2021 | 2022 | 2021
Oilfield Services | $ | 261 |  | $ | 171 |  | $ | 482 |  | $ | 315 |
Oilfield Equipment | (12) |  | 28 |  | (20) |  | 32 |
Turbomachinery & Process Solutions | 218 |  | 220 |  | 443 |  | 427 |
Digital Solutions | 18 |  | 25 |  | 33 |  | 49 |
Total segment | 485 |  | 444 |  | 938 |  | 824 |
Corporate | (108) |  | (111) |  | (213) |  | (219) |
Inventory impairment (1) | (31) |  | — |  | (31) |  | — |
Restructuring, impairment and other | (362) |  | (125) |  | (423) |  | (205) |
Separation related | (9) |  | (15) |  | (18) |  | (42) |
Other non-operating loss, net | (570) |  | (63) |  | (597) |  | (689) |
Interest expense, net | (60) |  | (65) |  | (124) |  | (138) |
Income (loss) before income taxes | $ | (655) |  | $ | 66 |  | $ | (468) |  | $ | (469) |
(1)Charges for inventory impairments are reported in the "Cost of goods sold" caption of the condensed consolidated statements of income (loss). The following table presents depreciation and amortization by segment:
| Three Months Ended June 30, | Six Months Ended June 30,
Segment depreciation and amortization | 2022 | 2021 | 2022 | 2021
Oilfield Services | $ | 201 |  | $ | 195 |  | $ | 402 |  | $ | 396 |
Oilfield Equipment | 20 |  | 26 |  | 41 |  | 58 |
Turbomachinery & Process Solutions | 29 |  | 30 |  | 58 |  | 60 |
Digital Solutions | 20 |  | 22 |  | 41 |  | 43 |
Total segment | 270 |  | 273 |  | 542 |  | 558 |
Corporate | 5 |  | 5 |  | 9 |  | 12 |
Total | $ | 275 |  | $ | 278 |  | $ | 551 |  | $ | 570 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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