Business Segments (Tables)

6 Months Ended

Jun. 30, 2011

Operating results by segment are as follows (in millions):


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2011			2010			2011			2010
Revenue:
Rig Technology	$	1,894		$	1,672		$	3,502		$	3,558
Petroleum Services & Supplies		1,359			1,033			2,624			1,956
Distribution Services		423			365			833			699
Elimination		(163	)		(129	)		(300	)		(240	)

Total Revenue	$	3,513		$	2,941		$	6,659		$	5,973


Operating Profit:
Rig Technology	$	514		$	505		$	933		$	1,086
Petroleum Services & Supplies		249			138			480			251
Distribution Services		25			13			52			24
Unallocated expenses and eliminations		(80	)		(66	)		(148	)		(134	)

Total Operating Profit	$	708		$	590		$	1,317		$	1,227


Operating Profit %:
Rig Technology		27.1	%		30.2	%		26.6	%		30.5	%
Petroleum Services & Supplies		18.3	%		13.4	%		18.3	%		12.8	%
Distribution Services		5.9	%		3.6	%		6.2	%		3.4	%
Total Operating Profit %		20.2	%		20.1	%		19.8	%		20.5	%

- 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.

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