Business Segments (Tables)

6 Months Ended

Jun. 30, 2014

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


	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Revenue:
Rig Systems	$	2,372		$	2,081		$	4,628		$	3,992
Rig Aftermarket		785			670			1,535			1,221
Wellbore Technologies		1,446			1,222			2,724			2,445
Completion & Production Solutions		1,127			1,057			2,129			2,059
Eliminations		(475	)		(350	)		(872	)		(661	)

Total Revenue	$	5,255		$	4,680		$	10,144		$	9,056


Operating Profit:
Rig Systems	$	501		$	383		$	952		$	753
Rig Aftermarket		217			189			408			331
Wellbore Technologies		263			184			484			366
Completion & Production Solutions		157			127			294			263
Unallocated expenses and eliminations		(225	)		(170	)		(426	)		(307	)

Total Operating Profit	$	913		$	713		$	1,712		$	1,406


Operating Profit %:
Rig Systems		21.1	%		18.4	%		20.6	%		18.9	%
Rig Aftermarket		27.6	%		28.2	%		26.6	%		27.1	%
Wellbore Technologies		18.2	%		15.1	%		17.8	%		15.0	%
Completion & Production Solutions		13.9	%		12.0	%		13.8	%		12.8	%
Total Operating Profit %		17.4	%		15.2	%		16.9	%		15.5	%

Other Items by Segment

Other items by segment are as follows (in millions):


	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Other items:
Rig Systems	$	—	$	10	$	—	$	12
Rig Aftermarket		—		—		—		—
Wellbore Technologies		6		11		9		37
Completion & Production Solutions		1		36		7		72
Unallocated expenses and eliminations		25		—		34		—

Total other items	$	32	$	57	$	50	$	121

- 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+ Details