XML 18 R29.htm IDEA: XBRL DOCUMENT v3.20.1
Segments (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Operating Segments

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

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Revenue:

 

 

 

 

 

 

 

 

Wellbore Technologies

 

$

691

 

 

$

807

 

Completion & Production Solutions

 

 

675

 

 

 

581

 

Rig Technologies

 

 

557

 

 

 

603

 

Eliminations

 

 

(40

)

 

 

(51

)

Total revenue

 

$

1,883

 

 

$

1,940

 

 

 

 

 

 

 

 

 

 

Operating profit (loss):

 

 

 

 

 

 

 

 

Wellbore Technologies

 

$

(663

)

 

 

19

 

Completion & Production Solutions

 

 

(1,013

)

 

 

(35

)

Rig Technologies

 

 

(202

)

 

 

31

 

Eliminations and corporate costs

 

 

(72

)

 

 

(63

)

Total operating profit (loss)

 

$

(1,950

)

 

$

(48

)

 

 

 

 

 

 

 

 

 

Operating profit (loss)%:

 

 

 

 

 

 

 

 

Wellbore Technologies

 

 

(95.9

%)

 

 

2.4

%

Completion & Production Solutions

 

 

(150.1

%)

 

 

(6.0

%)

Rig Technologies

 

 

(36.3

%)

 

 

5.1

%

Total operating profit (loss)%

 

 

(103.6

%)

 

 

(2.5

%)

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Other items in operating profit:

 

 

 

 

 

 

 

 

Wellbore Technologies

 

$

715

 

 

$

(2

)

Completion & Production Solutions

 

 

1,054

 

 

 

11

 

Rig Technologies

 

 

238

 

 

 

2

 

Eliminations and corporate costs

 

 

16

 

 

 

 

Total other items in operating profit

 

$

2,023

 

 

$

11