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Goodwill Impairment (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Identified by Segment

At September 30, 2016, the Company has approximately $6 billion of goodwill, which is identified by segment as follows (in millions):

 

     Rig Systems     Rig
Aftermarket
     Wellbore
Technologies
    Completion &
Production
Solutions
     Total  

Gross value before accumulated impairment

   $ 1,232      $ 877       $ 4,359      $ 1,997       $ 8,465   

Accumulated impairment

     —          —           (1,485     —           (1,485
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Balance at December 31, 2015

   $ 1,232      $ 877       $ 2,874      $ 1,997       $ 6,980   

Goodwill acquired and adjusted during period

     1        —           (7     —           (6

Impairment

     (972     —           —          —           (972

Currency translation adjustments and other

     —          —           4        9         13   
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Balance at September 30, 2016

   $ 261      $ 877       $ 2,871      $ 2,006       $ 6,015