XML 54 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1

Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2018

Revenue From Contract With Customer [Abstract]

Summary of Disaggregate Revenue by Destinations

The following tables disaggregate our revenue by destinations, as we believe it best depicts how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors. In the tables below, North America includes only the U.S. and Canada (in millions):

		Year Ended December 31, 2018
						Completion
		Wellbore				& Production				Rig
		Technologies				Solutions				Technologies				Eliminations				Total
North America		$	1,817			$	1,302			$	663			$	—			$	3,782
International			1,345				1,543				1,783				—				4,671
Eliminations			73				86				129				(288	)			—
		$	3,235			$	2,931			$	2,575			$	(288	)		$	8,453
Land		$	2,683			$	1,985			$	854			$	—			$	5,522
Offshore			479				860				1,592				—				2,931
Eliminations			73				86				129				(288	)			—
		$	3,235			$	2,931			$	2,575			$	(288	)		$	8,453

		Year Ended December 31, 2017
						Completion
		Wellbore				& Production				Rig
		Technologies				Solutions				Technologies				Eliminations				Total
North America		$	1,408			$	1,093			$	545			$	—			$	3,046
International			1,116				1,528				1,614				—				4,258
Eliminations			53				51				93				(197	)			—
		$	2,577			$	2,672			$	2,252			$	(197	)		$	7,304
Land		$	2,047			$	1,752			$	740			$	—			$	4,539
Offshore			477				869				1,419				—				2,765
Eliminations			53				51				93				(197	)			—
		$	2,577			$	2,672			$	2,252			$	(197	)		$	7,304

		Year Ended December 31, 2016
						Completion
		Wellbore				& Production				Rig
		Technologies				Solutions				Technologies				Eliminations				Total
North America		$	925			$	793			$	460			$	—			$	2,178
International			1,104				1,404				2,565				—				5,073
Eliminations			170				44				85				(299	)			—
		$	2,199			$	2,241			$	3,110			$	(299	)		$	7,251
Land		$	1,497			$	1,342			$	819			$	—			$	3,658
Offshore			532				855				2,206				—				3,593
Eliminations			170				44				85				(299	)			—
		$	2,199			$	2,241			$	3,110			$	(299	)		$	7,251

Summary of Changes in Carrying Amount of Contract Assets and Contract Liabilities

The changes in the carrying amount of contract assets and contract liabilities are as follows (in millions):

Contract Assets
Balance at December 31, 2017	$	495
Additions and Milestone Billings		(948	)
Revenue Recognized		1,094
Currency translation adjustments and other		(76	)
Balance at December 31, 2018	$	565

Contract Liabilities
Balance at December 31, 2017	$	519
Additions and Milestone Billings		861
Revenue Recognized		(798	)
Currency translation adjustments and other		(124	)
Balance at December 31, 2018	$	458

X

- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130551-203045

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration