Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

				(Stated in millions)
	Third Quarter 2018						Third Quarter 2017
				Income						Income
				Before						Before
	Revenue			Taxes			Revenue			Taxes
Reservoir Characterization	$	1,673		$	373		$	1,771		$	311
Drilling		2,429			339			2,120			301
Production		3,252			320			2,876			283
Cameron		1,298			148			1,297			194
Eliminations & other		(148	)		(28	)		(159	)		(30	)
Pretax operating income					1,152						1,059
Corporate & other (1)					(234	)					(234	)
Interest income (2)					8						30
Interest expense (3)					(139	)					(129	)
Charges and credits (4)					-						(49	)
	$	8,504		$	787		$	7,905		$	677

⁽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 ($2 million in 2018; $4 million in 2017).

⁽³⁾   Interest expense excludes amounts which are included in the segments’ income ($8 million in 2018; $13 million in 2017).

⁽⁴⁾   See Note 2 – Charges and Credits.

				(Stated in millions)
	Nine Months 2018						Nine Months 2017
				Income						Income
				Before						Before
	Revenue			Taxes			Revenue			Taxes
Reservoir Characterization	$	4,865		$	1,030		$	5,148		$	891
Drilling		6,789			921			6,212			832
Production		9,468			851			7,559			614
Cameron		3,902			481			3,791			530
Eliminations & other		(388	)		(63	)		(449	)		(101	)
Pretax operating income					3,220						2,766
Corporate & other (1)					(699	)					(715	)
Interest income (2)					44						82
Interest expense (3)					(405	)					(383	)
Charges and credits (4)					(184	)					(723	)
	$	24,636		$	1,976		$	22,261		$	1,027

⁽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 ($7 million in 2018; $15 million in 2017).

⁽³⁾   Interest expense excludes amounts which are included in the segments’ income ($29 million in 2018; $39 million in 2017).

⁽⁴⁾   See Note 2 – Charges and Credits.

Revenue by Geographic Area

Revenue by geographic area was as follows:

					(Stated in millions)
	Third Quarter				Nine Months
	2018		2017		2018		2017
North America	$	3,189	$	2,602	$	9,164	$	6,675
Latin America		978		952		2,767		2,942
Europe/CIS/Africa		1,820		1,843		5,316		5,255
Middle East & Asia		2,417		2,352		7,079		7,007
Eliminations & other		100		156		310		382
	$	8,504	$	7,905	$	24,636	$	22,261

Summary of North America and International Revenue Disaggregated by Segment

North America and International revenue disaggregated by segment was as follows:

						(Stated in millions)
	Third Quarter 2018
	North					Eliminations
	America		International			& other			Total
Reservoir Characterization	$	242	$	1,317		$	114		$	1,673
Drilling		601		1,760			68			2,429
Production		1,725		1,527			-			3,252
Cameron		617		656			25			1,298
Other		4		(45	)		(107	)		(148	)
	$	3,189	$	5,215		$	100		$	8,504
	Nine Months 2018
	North					Eliminations
	America		International			& other			Total
Reservoir Characterization	$	733	$	3,747		$	385		$	4,865
Drilling		1,733		4,884			172			6,789
Production		4,919		4,545			4			9,468
Cameron		1,761		2,070			71			3,902
Other		18		(84	)		(322	)		(388	)
	$	9,164	$	15,162		$	310		$	24,636