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Business Segments (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Business Segments

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

 

     Three Months Ended
March 31,
 
     2014     2013  

Revenue:

    

Rig Systems

   $ 2,256      $ 1,911   

Rig Aftermarket

     750        551   

Wellbore Technologies

     1,278        1,223   

Completion & Production Solutions

     1,002        1,002   

Eliminations

     (397     (311
  

 

 

   

 

 

 

Total Revenue

   $ 4,889      $ 4,376   
  

 

 

   

 

 

 

Operating Profit:

    

Rig Systems

   $ 451      $ 370   

Rig Aftermarket

     191        142   

Wellbore Technologies

     221        182   

Completion & Production Solutions

     137        136   

Unallocated expenses and eliminations

     (201     (137
  

 

 

   

 

 

 

Total Operating Profit

   $ 799      $ 693   
  

 

 

   

 

 

 

Operating Profit %:

    

Rig Systems

     20.0     19.4

Rig Aftermarket

     25.5     25.8

Wellbore Technologies

     17.3     14.9

Completion & Production Solutions

     13.7     13.6

Total Operating Profit %

     16.3     15.8
Other Costs by Segment

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

 

     Three Months Ended
March 31,
 
     2014      2013  

Other costs:

     

Rig Systems

   $ —         $ 2   

Rig Aftermarket

     —           —     

Wellbore Technologies

     3         26   

Completion & Production Solutions

     6         36   
  

 

 

    

 

 

 

Total other costs

   $ 9       $ 64