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Business Segment and Geographic Information (Tables) | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Information on business segments | The following table presents information on our business segments.
|  | Three Months Ended September 30 | Nine Months Ended September 30
Millions of dollars | 2021 | 2020 | 2021 | 2020
Revenue: |  |  |  |
Completion and Production | $ | 2,136 |  | $ | 1,574 |  | $ | 6,054 |  | $ | 6,029 |
Drilling and Evaluation | 1,724 |  | 1,401 |  | 4,964 |  | 5,179 |
Total revenue | $ | 3,860 |  | $ | 2,975 |  | $ | 11,018 |  | $ | 11,208 |
Operating income (loss): |  |  |  |
Completion and Production | $ | 322 |  | $ | 212 |  | $ | 891 |  | $ | 713 |
Drilling and Evaluation | 186 |  | 105 |  | 532 |  | 452 |
Total operations | 508 |  | 317 |  | 1,423 |  | 1,165 |
Corporate and other (a) | (50) |  | (42) |  | (161) |  | (152) |
Impairments and other charges (b) | (12) |  | (133) |  | (12) |  | (3,353) |
Total operating income (loss) | $ | 446 |  | $ | 142 |  | $ | 1,250 |  | $ | (2,340) |
Interest expense, net of interest income | (116) |  | (122) |  | (361) |  | (380) |
Loss on early extinguishment of debt (c) | — |  | — |  | — |  | (168) |
Other, net | (14) |  | (21) |  | (55) |  | (92) |
Income (loss) before income taxes | $ | 316 |  | $ | (1) |  | $ | 834 |  | $ | (2,980) |
(a) | Includes certain expenses not attributable to a business segment, such as costs related to support functions and corporate executives, and also includes amortization expense associated with intangible assets recorded as a result of acquisitions.
(b) | For the three and nine months ended September 30, 2021, amount includes a $42 million charge attributable to Completions and Production, a $9 million charge attributable to Drilling and Evaluation, and a $39 million net gain attributable to Corporate and other. For the three and nine months ended September 30, 2020, amount includes $90 million and $2.1 billion attributable to Completion and Production, $40 million and $1.2 billion attributable to Drilling and Evaluation, and $3 million and $44 million attributable to Corporate and other, respectively.
(c) | For the nine months ended September 30, 2020, amount includes a $168 million loss on extinguishment of debt related to the early repurchase of senior notes.

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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=123359005&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=123359005&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=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 http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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