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Segments (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Operating Segments

Financial results by operating segment are as follows (in millions):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2019

 

 

2018

 

Revenue:

 

 

 

 

 

 

 

 

Wellbore Technologies

 

$

807

 

 

$

711

 

Completion & Production Solutions

 

 

581

 

 

 

670

 

Rig Technologies

 

 

603

 

 

 

483

 

Eliminations

 

 

(51

)

 

 

(69

)

Total revenue

 

$

1,940

 

 

$

1,795

 

 

 

 

 

 

 

 

 

 

Operating profit (loss):

 

 

 

 

 

 

 

 

Wellbore Technologies

 

$

19

 

 

 

12

 

Completion & Production Solutions

 

 

(35

)

 

 

16

 

Rig Technologies

 

 

31

 

 

 

18

 

Eliminations and corporate costs

 

 

(63

)

 

 

(47

)

Total operating profit (loss)

 

$

(48

)

 

$

(1

)

 

 

 

 

 

 

 

 

 

Operating profit (loss)%:

 

 

 

 

 

 

 

 

Wellbore Technologies

 

 

2.4

%

 

 

1.7

%

Completion & Production Solutions

 

 

(6.0

%)

 

 

2.4

%

Rig Technologies

 

 

5.1

%

 

 

3.7

%

Total operating profit (loss)%

 

 

(2.5

%)

 

 

(0.1

%)