XML 24 R11.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Business Segments | 6 Months Ended
--- | ---
Jun. 30, 2018
Segment Reporting [Abstract] |
Business Segments |
5. | Business Segments
Operating results by segment are as follows (in millions):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wellbore Technologies |  | $ | 793 |  |  | $ | 614 |  |  | $ | 1,504 |  |  | $ | 1,169 |
Completion & Production Solutions |  |  | 738 |  |  |  | 652 |  |  |  | 1,408 |  |  |  | 1,300 |
Rig Technologies |  |  | 651 |  |  |  | 546 |  |  |  | 1,134 |  |  |  | 1,128 |
Eliminations |  |  | (76 | ) |  |  | (53 | ) |  |  | (145 | ) |  |  | (97 | )
Total revenue |  | $ | 2,106 |  |  | $ | 1,759 |  |  | $ | 3,901 |  |  | $ | 3,500 |
Operating profit (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wellbore Technologies |  | $ | 38 |  |  | $ | (24 | ) |  | $ | 50 |  |  | $ | (81 | )
Completion & Production Solutions |  |  | 40 |  |  |  | 27 |  |  |  | 56 |  |  |  | 35 |
Rig Technologies |  |  | 62 |  |  |  | 6 |  |  |  | 80 |  |  |  | 19 |
Eliminations and corporate costs |  |  | (88 | ) |  |  | (71 | ) |  |  | (135 | ) |  |  | (132 | )
Total operating profit (loss) |  | $ | 52 |  |  | $ | (62 | ) |  | $ | 51 |  |  | $ | (159 | )
Operating profit (loss)%: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wellbore Technologies |  |  | 4.8 | % |  |  | (3.9 | %) |  |  | 3.3 | % |  |  | (6.9 | %)
Completion & Production Solutions |  |  | 5.4 | % |  |  | 4.1 | % |  |  | 4.0 | % |  |  | 2.7 | %
Rig Technologies |  |  | 9.5 | % |  |  | 1.1 | % |  |  | 7.1 | % |  |  | 1.7 | %
Total operating profit (loss)% |  |  | 2.5 | % |  |  | (3.5 | %) |  |  | 1.3 | % |  |  | (4.5 | %)
Sales from one segment to another generally are priced at estimated equivalent commercial selling prices; however, segments originating an external sale are credited with the full profit to the Company. Eliminations include intercompany transactions conducted between the three reporting segments that are eliminated in consolidation. Intercompany transactions within each reporting segment are eliminated within each reporting segment. Included in operating profit (loss) are other items primarily related to costs associated with severance, facility closures, and credits for the reversals of certain accruals.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration