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Asset Impairments (Tables)
 6 Months Ended
Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill Identified, by Segment

At June 30, 2020, the Company has approximately $1.49 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

 

 

(22

)

 

 

(1

)

 

 

—

 

 

 

(23

)

Balance at June 30, 2020

 

$

308

 

 

$

473

 

 

$

712

 

 

$

1,493

 

 
Identified Intangible Assets, by Segment

The Company has approximately $525 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

 

 

(6

)

 

 

(7

)

 

 

(14

)

 

 

(27

)

Currency translation adjustments and other

 

 

(3

)

 

 

(4

)

 

 

(1

)

 

 

(8

)

Balance at June 30, 2020

 

$

239

 

 

$

50

 

 

$

236

 

 

$

525