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Business Segments and Geographic Areas (Tables) | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Revenues by Country Based on Sales Destination of Products or Services | The following table presents consolidated revenues by country based on sales destination of the products or services (in millions):
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
United States |  | $ | 3,480 |  |  | $ | 2,760 |  |  | $ | 1,961 |
Saudi Arabia |  |  | 444 |  |  |  | 310 |  |  |  | 258 |
Brazil |  |  | 415 |  |  |  | 498 |  |  |  | 242 |
Norway |  |  | 368 |  |  |  | 295 |  |  |  | 339 |
Singapore |  |  | 321 |  |  |  | 188 |  |  |  | 340 |
United Kingdom |  |  | 309 |  |  |  | 279 |  |  |  | 299 |
Canada |  |  | 302 |  |  |  | 286 |  |  |  | 217 |
United Arab Emirates |  |  | 248 |  |  |  | 223 |  |  |  | 334 |
China |  |  | 231 |  |  |  | 298 |  |  |  | 557 |
South Korea |  |  | 169 |  |  |  | 261 |  |  |  | 495 |
Other Countries |  |  | 2,166 |  |  |  | 1,906 |  |  |  | 2,209 |
Total |  | $ | 8,453 |  |  | $ | 7,304 |  |  | $ | 7,251 |
Long-Lived Assets by Country Based on the Location | The following table presents long-lived assets by country based on the location (in millions):
|  | December 31, |
|  | 2018 |  |  | 2017 |
United States |  | $ | 1,603 |  |  | $ | 1,675 |
Brazil |  |  | 217 |  |  |  | 269 |
United Kingdom |  |  | 125 |  |  |  | 140 |
Denmark |  |  | 119 |  |  |  | 128 |
South Korea |  |  | 91 |  |  |  | 97 |
Canada |  |  | 79 |  |  |  | 84 |
Russia |  |  | 69 |  |  |  | 90 |
United Arab Emirates |  |  | 60 |  |  |  | 65 |
Mexico |  |  | 48 |  |  |  | 71 |
Singapore |  |  | 47 |  |  |  | 59 |
Other Countries |  |  | 339 |  |  |  | 324 |
Total |  | $ | 2,797 |  |  | $ | 3,002 |
Business Segments | The following table presents selected financial data by business segment (in millions):
| Wellbore Technologies |  |  | Completion & Production Solutions |  |  | Rig Technologies |  |  | Eliminations and corporate costs (1) |  |  | Total |
December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue | $ | 3,235 |  |  | $ | 2,931 |  |  | $ | 2,575 |  |  | $ | (288 | ) |  | $ | 8,453 |
Operating profit (loss) |  | 131 |  |  |  | 166 |  |  |  | 213 |  |  |  | (299 | ) |  |  | 211 |
Capital expenditures |  | 135 |  |  |  | 87 |  |  |  | 17 |  |  |  | 5 |  |  |  | 244 |
Depreciation and amortization |  | 374 |  |  |  | 212 |  |  |  | 90 |  |  |  | 14 |  |  |  | 690 |
Goodwill |  | 3,011 |  |  |  | 2,041 |  |  |  | 1,212 |  |  |  | — |  |  |  | 6,264 |
Total assets |  | 7,929 |  |  |  | 6,233 |  |  |  | 3,906 |  |  |  | 1,728 |  |  |  | 19,796 |
December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue | $ | 2,577 |  |  | $ | 2,672 |  |  | $ | 2,252 |  |  | $ | (197 | ) |  | $ | 7,304 |
Operating profit (loss) |  | (102 | ) |  |  | 98 |  |  |  | (14 | ) |  |  | (259 | ) |  |  | (277 | )
Capital expenditures |  | 99 |  |  |  | 69 |  |  |  | 16 |  |  |  | 8 |  |  |  | 192 |
Depreciation and amortization |  | 379 |  |  |  | 215 |  |  |  | 88 |  |  |  | 16 |  |  |  | 698 |
Goodwill |  | 2,956 |  |  |  | 2,122 |  |  |  | 1,149 |  |  |  | — |  |  |  | 6,227 |
Total assets |  | 7,848 |  |  |  | 5,782 |  |  |  | 4,625 |  |  |  | 1,951 |  |  |  | 20,206 |
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue | $ | 2,199 |  |  | $ | 2,241 |  |  | $ | 3,110 |  |  | $ | (299 | ) |  | $ | 7,251 |
Operating profit (loss) |  | (770 | ) |  |  | (266 | ) |  |  | (1,033 | ) |  |  | (342 | ) |  |  | (2,411 | )
Capital expenditures |  | 124 |  |  |  | 61 |  |  |  | 24 |  |  |  | 75 |  |  |  | 284 |
Depreciation and amortization |  | 384 |  |  |  | 209 |  |  |  | 94 |  |  |  | 16 |  |  |  | 703 |
Goodwill |  | 2,874 |  |  |  | 2,058 |  |  |  | 1,135 |  |  |  | — |  |  |  | 6,067 |
Total assets |  | 7,911 |  |  |  | 5,765 |  |  |  | 5,327 |  |  |  | 2,137 |  |  |  | 21,140 |
(1) | 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 and corporate costs include intercompany transactions conducted between the three reporting segments that are eliminated in consolidation, as well as corporate costs not allocated to the segments. Intercompany transactions within each reporting segment are eliminated within each reporting segment. Also included in the eliminations and corporate costs column are capital expenditures and total assets related to corporate. Corporate assets consist primarily of cash and fixed assets.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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