Business Segments (Tables)

9 Months Ended

Sep. 30, 2014

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


	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Revenue:
Rig Systems	$	2,659		$	2,061		$	7,287		$	6,053
Rig Aftermarket		837			712			2,372			1,933
Wellbore Technologies		1,469			1,395			4,193			3,840
Completion & Production Solutions		1,191			1,095			3,320			3,154
Eliminations		(569	)		(400	)		(1,441	)		(1,061	)

Total Revenue	$	5,587		$	4,863		$	15,731		$	13,919


Operating Profit:
Rig Systems	$	533		$	388		$	1,485		$	1,141
Rig Aftermarket		229			202			637			533
Wellbore Technologies		278			306			762			672
Completion & Production Solutions		185			175			479			438
Unallocated expenses and eliminations		(237	)		(187	)		(663	)		(494	)

Total Operating Profit	$	988		$	884		$	2,700		$	2,290


Operating Profit %:
Rig Systems		20.0	%		18.8	%		20.4	%		18.9	%
Rig Aftermarket		27.4	%		28.4	%		26.9	%		27.6	%
Wellbore Technologies		18.9	%		21.9	%		18.2	%		17.5	%
Completion & Production Solutions		15.5	%		16.0	%		14.4	%		13.9	%
Total Operating Profit %		17.7	%		18.2	%		17.2	%		16.5	%

Other Items by Segment

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


	Three Months Ended September 30,					Nine Months Ended September 30,
	2014			2013		2014		2013
Other items:
Rig Systems	$	—		$	4	$	—	$	16
Rig Aftermarket		—			—		—		—
Wellbore Technologies		—			2		9		39
Completion & Production Solutions		(1	)		1		6		73
Unallocated expenses and eliminations		2			2		36		2

Total other items	$	1		$	9	$	51	$	130

- 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