XML 32 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Segment Information

12.   Segment Information

 

  

 

 

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Third Quarter 2017

 

 

Third Quarter 2016

 

 

 

 

 

 

Income

 

 

 

 

 

 

Income

 

 

 

 

 

 

Before

 

 

 

 

 

 

Before

 

 

Revenue

 

 

Taxes

 

 

Revenue

 

 

Taxes

 

Reservoir Characterization

$

1,771

 

 

$

311

 

 

$

1,667

 

 

$

329

 

Drilling

 

2,120

 

 

 

301

 

 

 

2,021

 

 

 

218

 

Production

 

2,876

 

 

 

283

 

 

 

2,104

 

 

 

91

 

Cameron

 

1,297

 

 

 

194

 

 

 

1,341

 

 

 

215

 

Eliminations & other

 

(159

)

 

 

(30

)

 

 

(114

)

 

 

(38

)

Pretax operating income

 

 

 

 

 

1,059

 

 

 

 

 

 

 

815

 

Corporate & other (1)

 

 

 

 

 

(234

)

 

 

 

 

 

 

(267

)

Interest income (2)

 

 

 

 

 

30

 

 

 

 

 

 

 

24

 

Interest expense (3)

 

 

 

 

 

(129

)

 

 

 

 

 

 

(135

)

Charges and credits (4)

 

 

 

 

 

(49

)

 

 

 

 

 

 

(237

)

 

$

7,905

 

 

$

677

 

 

$

7,019

 

 

$

200

 

 

 

(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 ($4 million in 2017; $7 million in 2016).

(3)   Interest expense excludes amounts which are included in the segments’ income ($13 million in 2017; $14 million in 2016).

(4)   See Note 2 – Charges and Credits.

Certain prior period items have been reclassified to conform to the current period presentation.

  

 

 

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months 2017

 

 

Nine Months 2016

 

 

 

 

 

 

Income

 

 

 

 

 

 

Income

 

 

 

 

 

 

Before

 

 

 

 

 

 

Before

 

 

Revenue

 

 

Taxes

 

 

Revenue

 

 

Taxes

 

Reservoir Characterization

$

5,148

 

 

$

891

 

 

$

4,972

 

 

$

930

 

Drilling

 

6,212

 

 

 

832

 

 

 

6,548

 

 

 

760

 

Production

 

7,559

 

 

 

614

 

 

 

6,601

 

 

 

379

 

Cameron

 

3,791

 

 

 

530

 

 

 

2,865

 

 

 

465

 

Eliminations & other

 

(449

)

 

 

(101

)

 

 

(283

)

 

 

(72

)

Pretax operating income

 

 

 

 

 

2,766

 

 

 

 

 

 

 

2,462

 

Corporate & other (1)

 

 

 

 

 

(715

)

 

 

 

 

 

 

(679

)

Interest income (2)

 

 

 

 

 

82

 

 

 

 

 

 

 

61

 

Interest expense (3)

 

 

 

 

 

(383

)

 

 

 

 

 

 

(391

)

Charges and credits (4)

 

 

 

 

 

(723

)

 

 

 

 

 

 

(3,144

)

 

$

22,261

 

 

$

1,027

 

 

$

20,703

 

 

$

(1,691

)

 

(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 ($15 million in 2017; $20 million in 2016).

(3)   Interest expense excludes amounts which are included in the segments’ income ($39 million in 2017; $40 million in 2016).

(4)   See Note 2 – Charges and Credits.

Certain prior period items have been reclassified to conform to the current period presentation.