Segment Information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment Information

13.   Segment Information

				(Stated in millions)
	First Quarter 2016						First Quarter 2015
				Income						Income
				before						before
	Revenue			Taxes			Revenue			Taxes
Reservoir Characterization	$	1,747		$	331		$	2,655		$	672
Drilling		2,493			371			3,922			778
Production		2,348			208			3,705			544
Eliminations & other		(68	)		(9	)		(34	)		(1	)
Pretax operating income					901						1,993
Corporate & other (1)					(172	)					(192	)
Interest income (2)					13						8
Interest expense (3)					(120	)					(76	)
Charges and credits (4)					-						(439	)
	$	6,520		$	622		$	10,248		$	1,294

⁽¹⁾ Comprised principally of certain corporate expenses not allocated to the segments, stock-based compensation costs, amortization expense associated with certain intangible assets, certain centrally managed initiatives and other nonoperating items.

⁽²⁾  Interest income excludes amounts which are included in the segments’ income ($6 million in 2016; $5 million in 2015).

⁽³⁾   Interest expense excludes amounts which are included in the segments’ income ($13 million in 2016; $6 million in 2015).

⁽⁴⁾   See Note 2 – Charges and Credits.