v3.22.4

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Financial Information |
Segment revenue | 2022 | 2021 | 2020
Oilfield Services & Equipment | $ | 13,229 |  | $ | 12,028 |  | $ | 12,984 |
Industrial & Energy Technology | 7,926 |  | 8,473 |  | 7,721 |
Total | $ | 21,156 |  | $ | 20,502 |  | $ | 20,705 |
Segment income (loss) before income taxes | 2022 | 2021 | 2020
Oilfield Services & Equipment | $ | 1,201 |  | $ | 830 |  | $ | 506 |
Industrial & Energy Technology | 1,135 |  | 1,177 |  | 998 |
Total segment | 2,336 |  | 2,006 |  | 1,504 |
Corporate | (416) |  | (429) |  | (464) |
Inventory impairment (1) | (31) |  | — |  | (246) |
Goodwill impairment | — |  | — |  | (14,717) |
Restructuring, impairment and other | (682) |  | (209) |  | (1,866) |
Separation related | (23) |  | (60) |  | (134) |
Other non-operating income (loss), net | (881) |  | (583) |  | 1,040 |
Interest expense, net | (252) |  | (299) |  | (264) |
Income (loss) before income taxes | $ | 52 |  | $ | 428 |  | $ | (15,146) |
(1)Inventory impairments are reported in the "Cost of goods sold" caption of the consolidated statements of income (loss).
Schedule of Assets and Segment Depreciation and Amortization | The following table presents total assets by segment at December 31:
Segment assets | 2022 | 2021
Oilfield Services & Equipment | $ | 16,943 |  | $ | 17,711 |
Industrial & Energy Technology | 12,286 |  | 11,480 |
Total segment | 29,229 |  | 29,191 |
Corporate and eliminations (1) | 4,943 |  | 6,095 |
Total | $ | 34,172 |  | $ | 35,286 |
(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 amortization | 2022 | 2021 | 2020
Oilfield Services & Equipment | $ | 845 |  | $ | 874 |  | $ | 1,072 |
Industrial & Energy Technology | 197 |  | 208 |  | 216 |
Total Segment | 1,042 |  | 1,082 |  | 1,288 |
Corporate | 19 |  | 23 |  | 29 |
Total | $ | 1,061 |  | $ | 1,105 |  | $ | 1,317 |
The following table presents capital expenditures by segment:
Segment capital expenditures | 2022 | 2021 | 2020
Oilfield Services & Equipment | $ | 791 |  | $ | 659 |  | $ | 743 |
Industrial & Energy Technology | 183 |  | 182 |  | 196 |
Total Segment | 974 |  | 841 |  | 939 |
Corporate | 15 |  | 15 |  | 35 |
Total | $ | 989 |  | $ | 856 |  | $ | 974 |
Schedule of Revenues and Property, Plant and Equipment, Net | The following table presents consolidated revenue based on the location to where the product is shipped or the services are performed. Other than the U.S., no other country accounted for more than 10% of our consolidated revenue during the periods presented.
Revenue | 2022 | 2021 | 2020
U.S. | $ | 4,942 |  | $ | 4,497 |  | $ | 4,638 |
Non-U.S. | 16,214 |  | 16,005 |  | 16,067 |
Total | $ | 21,156 |  | $ | 20,502 |  | $ | 20,705 |
The following table presents net property, plant and equipment by its geographic location at December 31:
Property, plant and equipment - net | 2022 | 2021
U.S. | $ | 1,554 |  | $ | 1,651 |
Non-U.S. | 2,984 |  | 3,226 |
Total | $ | 4,538 |  | $ | 4,877 |

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- 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
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