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Business Segment and Geographic Information (Tables) | 6 Months Ended
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Jun. 30, 2019
Segment Reporting [Abstract] |
Information on business segments | The following table presents information on our business segments.
| Three Months Ended June 30 | Six Months Ended June 30
Millions of dollars | 2019 | 2018 | 2019 | 2018
Revenue: |  |  |  |
Completion and Production | $ | 3,805 |  | $ | 4,164 |  | $ | 7,467 |  | $ | 7,971 |
Drilling and Evaluation | 2,125 |  | 1,983 |  | 4,200 |  | 3,916 |
Total revenue | $ | 5,930 |  | $ | 6,147 |  | $ | 11,667 |  | $ | 11,887 |
Operating income: |  |  |  |
Completion and Production | $ | 470 |  | $ | 669 |  | $ | 838 |  | $ | 1,169 |
Drilling and Evaluation | 145 |  | 191 |  | 268 |  | 379 |
Total operations | 615 |  | 860 |  | 1,106 |  | 1,548 |
Corporate and other (a) | (65 | ) | (71 | ) | (130 | ) | (140 | )
Impairments and other charges (b) | (247 | ) | — |  | (308 | ) | (265 | )
Total operating income | $ | 303 |  | $ | 789 |  | $ | 668 |  | $ | 1,143 |
Interest expense, net of interest income | (144 | ) | (137 | ) | (287 | ) | (277 | )
Other, net | (8 | ) | (19 | ) | (38 | ) | (44 | )
Income before income taxes | $ | 151 |  | $ | 633 |  | $ | 343 |  | $ | 822 |
(a) Corporate and other includes certain expenses not attributable to a particular business segment, such as costs related to support functions and corporate executives. (b) For the three months ended June 30, 2019, amount includes $77 million attributable to Completion and Production, $142 million attributable to Drilling and Evaluation, and $28 million attributable to Corporate and other. For the six months ended June 30, 2019, amount includes $127 million attributable to Completion and Production, $153 million attributable to Drilling and Evaluation, and $28 million attributable to Corporate and other. During the six months ended June 30, 2018, we recognized a pre-tax charge of $265 million related to a write-down of all of our remaining investment in Venezuela. See Note 2 for further discussion on these impairments and other charges. There were no such impairments and other charges recorded during the three months ended June 30, 2018.

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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 http://asc.fasb.org/extlink&oid=115929826&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 http://asc.fasb.org/extlink&oid=115929826&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 http://asc.fasb.org/extlink&oid=108376223&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 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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