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Business Segments (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Business Segments

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

 

     Three Months Ended  
     March 31,  
     2018     2017  

Revenue:

    

Wellbore Technologies

   $ 711     $ 555  

Completion & Production Solutions

     670       648  

Rig Technologies

     483       582  

Eliminations

     (69     (44
  

 

 

   

 

 

 

Total revenue

   $ 1,795     $ 1,741  
  

 

 

   

 

 

 

Operating profit (loss):

    

Wellbore Technologies

   $ 12     $ (57

Completion & Production Solutions

     16       8  

Rig Technologies

     18       13  

Eliminations and corporate costs

     (47     (61
  

 

 

   

 

 

 

Total operating profit (loss)

   $ (1   $ (97
  

 

 

   

 

 

 

Operating profit (loss)%:

    

Wellbore Technologies

     1.7     (10.3 %) 

Completion & Production Solutions

     2.4     1.2

Rig Technologies

     3.7     2.2

Total operating profit (loss) %

     (0.1 %)      (5.6 %)