XML 39 R29.htm IDEA: XBRL DOCUMENT v3.24.3
Segments (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Operating Segments

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

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Energy Products and Services

 

$

1,003

 

 

$

1,034

 

 

$

3,070

 

 

$

3,004

 

Energy Equipment

 

 

1,219

 

 

 

1,195

 

 

 

3,601

 

 

 

3,364

 

Eliminations

 

 

(31

)

 

 

(44

)

 

 

(109

)

 

 

(128

)

Total revenue

 

$

2,191

 

 

$

2,185

 

 

$

6,562

 

 

$

6,240

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating profit:

 

 

 

 

 

 

 

 

 

 

 

 

Energy Products and Services

 

$

114

 

 

$

145

 

 

$

363

 

 

$

413

 

Energy Equipment

 

 

129

 

 

 

98

 

 

 

456

 

 

 

250

 

Eliminations and corporate costs

 

 

(49

)

 

 

(60

)

 

 

(150

)

 

 

(173

)

Total operating profit

 

$

194

 

 

$

183

 

 

$

669

 

 

$

490