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Business Segments (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Business Segments

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

 

     Three Months Ended
March 31,
 
     2017     2016  

Revenue:

    

Rig Systems

   $ 393     $ 926  

Rig Aftermarket

     321       391  

Wellbore Technologies

     555       631  

Completion & Production Solutions

     648       558  

Eliminations

     (176     (317
  

 

 

   

 

 

 

Total revenue

   $ 1,741     $ 2,189  
  

 

 

   

 

 

 

Operating profit (loss):

    

Rig Systems

   $ 9     $ 67  

Rig Aftermarket

     61       69  

Wellbore Technologies

     (57     (91

Completion & Production Solutions

     8       (38

Eliminations and corporate costs

     (118     (196
  

 

 

   

 

 

 

Total operating profit (loss)

   $ (97   $ (189
  

 

 

   

 

 

 

Operating profit (loss)%:

    

Rig Systems

     2.3     7.2

Rig Aftermarket

     19.0     17.6

Wellbore Technologies

     (10.3 %)      (14.4 %) 

Completion & Production Solutions

     1.2     (6.8 %) 

Total operating profit (loss) %

     (5.6 %)      (8.6 %) 
Other Items by Segment

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

 

     Three Months Ended
March 31,
 
     2017      2016  

Other items:

     

Rig Systems

   $ 7      $ 52  

Rig Aftermarket

     5        8  

Wellbore Technologies

     —          38  

Completion & Production Solutions

     15        34  

Eliminations and corporate costs

     —          9  
  

 

 

    

 

 

 

Total other items

   $ 27      $ 141