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Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Summarized financial information is shown in the following tables. Consistent accounting policies have been applied by all segments within the Company, for all reporting periods.


Segment revenue	2020		2019		2018
Oilfield Services	$	10,140	$	12,889	$	11,617
Oilfield Equipment	2,844		2,921		2,641
Turbomachinery & Process Solutions	5,705		5,536		6,015
Digital Solutions	2,015		2,492		2,604
Total	$	20,705	$	23,838	$	22,877

The performance of our operating segments is evaluated based on segment operating income (loss), which is defined as income (loss) before income taxes and equity in loss of affiliate and before the following: net interest expense, net other non-operating income (loss), corporate expenses, restructuring, impairment and other charges, inventory impairments, separation and merger related costs, goodwill impairment and certain gains and losses not allocated to the operating segments.


Segment income (loss) before income taxes	2020		2019		2018
Oilfield Services	$	487	$	917	$	785
Oilfield Equipment	19		55		—
Turbomachinery & Process Solutions	805		719		621
Digital Solutions	193		343		390
Total segment	1,504		2,035		1,796
Corporate	(464)		(433)		(405)
Inventory impairment and related charges (1)	(246)		—		(105)
Goodwill impairment	(14,773)		—		—
Restructuring, impairment and other	(1,866)		(342)		(433)
Separation and merger related	(134)		(184)		(153)
Other non-operating income (loss), net	1,040		(84)		202
Interest expense, net	(264)		(237)		(223)
Total	$	(15,202)	$	753	$	680

(1)Inventory impairments and related charges are reported in "Cost of goods sold" of the consolidated statements of income (loss).

Schedule of assets, depreciation, amortization and capital expenditures by segment

The following table presents total assets by segment at December 31:


Segment assets	2020		2019
Oilfield Services	$	15,482	$	30,611
Oilfield Equipment	3,344		7,645
Turbomachinery & Process Solutions	8,951		8,365
Digital Solutions	3,948		3,983
Total segment	31,725		50,604
Corporate and eliminations (1)	6,282		2,765
Total	$	38,007	$	53,369

(1)The assets in Corporate and eliminations consist primarily of cash, the Baker Hughes trade name, our investment in C3.ai, certain facilities, and certain other noncurrent assets. It also includes adjustments to eliminate intercompany investments and receivables reflected within the total assets of each of our reportable segments.

The following table presents depreciation and amortization by segment:


Segment depreciation and amortization	2020		2019		2018
Oilfield Services	$	926	$	985	$	1,003
Oilfield Equipment	146		175		173
Turbomachinery & Process Solutions	118		116		156
Digital Solutions	98		103		112
Total Segment	1,288		1,379		1,444
Corporate	29		39		42
Total	$	1,317	$	1,418	$	1,486

Schedule of revenues and property, plant and equipment, net

The following table presents net property, plant and equipment by its geographic location at December 31:


Property, plant and equipment - net	2020		2019		2018
U.S.	$	2,007	$	2,594	$	2,654
Non-U.S.	3,351		3,646		3,574
Total	$	5,358	$	6,240	$	6,228