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Asset Impairments (Tables)
 3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill Identified, by Segment

The Company has approximately $1.52  billion of goodwill, by segment as follows (in millions):

 

 

 

Wellbore Technologies

 

 

Completion & Production Solutions

 

 

Rig Technologies

 

 

Total

 

Balance at December 31, 2019

 

$

843

 

 

$

1,054

 

 

$

910

 

 

$

2,807

 

Impairment

 

 

(517

)

 

 

(580

)

 

 

(198

)

 

 

(1,295

)

Additions

 

 

4

 

 

 

—

 

 

 

—

 

 

 

4

 

Currency translation adjustments and other

 

 

—

 

 

 

(1

)

 

 

—

 

 

 

(1

)

Balance at March 31, 2020(1)

 

$

330

 

 

$

473

 

 

$

712

 

 

$

1,515

 

 

(1)

Accumulated goodwill impairment was $7,261 million as of March 31, 2020.
Identified Intangible Assets, by Segment

 

The Company has approximately $534 million of identified intangible assets, by segment as follows (in millions):

 

 

 

Wellbore Technologies

 

 

Completion & Production Solutions

 

 

Rig Technologies

 

 

Total

 

Balance at December 31, 2019

 

$

326

 

 

$

275

 

 

$

251

 

 

$

852

 

Impairment

 

 

(78

)

 

 

(214

)

 

 

—

 

 

 

(292

)

Additions

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Amortization

 

 

(4

)

 

 

(6

)

 

 

(7

)

 

 

(17

)

Currency translation adjustments and other

 

 

(2

)

 

 

(5

)

 

 

(2

)

 

 

(9

)

Balance at March 31, 2020

 

$

242

 

 

$

50

 

 

$

242

 

 

$

534