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Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

					(Stated in millions)

	Third Quarter 2022								Third Quarter 2021
					Income								Income
	Revenue				Before Taxes				Revenue				Before Taxes
Digital & Integration	$	900			$	305			$	812			$	284
Reservoir Performance		1,456				244				1,192				190
Well Construction		3,084				664				2,273				345
Production Systems		2,150				224				1,674				166
Eliminations & other		(113	)			(37	)			(104	)			(77	)
Pretax segment operating income						1,400								908
Corporate & other ⁽¹⁾						(155	)							(145	)
Interest income ⁽²⁾						8								8
Interest expense ⁽³⁾						(119	)							(127	)
Charges and credits ⁽⁴⁾						-								47
	$	7,477			$	1,134			$	5,847			$	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 ($25 million in 2022; $- million in 2021).}

⁽³⁾	^{Interest expense excludes amounts which are included in the segments’ income ($3 million in 2022; $3 million in 2021).}

⁽⁴⁾	^{See Note 2 – Charges and Credits.}

					(Stated in millions)

	Nine Months 2022								Nine Months 2021
					Income								Income
	Revenue				Before Taxes				Revenue				Before Taxes
Digital & Integration	$	2,713			$	976			$	2,401			$	805
Reservoir Performance		3,999				598				3,312				448
Well Construction		8,168				1,522				6,319				827
Production Systems		5,647				509				4,946				475
Eliminations & other		(314	)			(151	)			(274	)			(176	)
Pretax segment operating income						3,454								2,379
Corporate & other ⁽¹⁾						(468	)							(434	)
Interest income ⁽²⁾						13								17
Interest expense ⁽³⁾						(360	)							(391	)
Charges and credits ⁽⁴⁾						285								47
	$	20,213			$	2,924			$	16,704			$	1,618

⁽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 ($53 million in 2022; $1 million in 2021).}

⁽³⁾	^{Interest expense excludes amounts which are included in the segments’ income ($9 million in 2022; $11 million in 2021).}

⁽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
	2022				2021				2022				2021
North America	$	1,543			$	1,129			$	4,362			$	3,185
Latin America		1,508				1,160				4,042				3,255
Europe/CIS/Africa		2,039				1,481				5,134				4,190
Middle East & Asia		2,334				2,034				6,525				5,952
Other		53				43				150				122
	$	7,477			$	5,847			$	20,213			$	16,704

Summary Of Geographical Segment Revenue Disaggregated By Segment

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

									(Stated in millions)

	Third Quarter 2022
	North
	America				International				Other				Total
Digital & Integration	$	229			$	671			$	-			$	900
Reservoir Performance		119				1,335				2				1,456
Well Construction		621				2,406				57				3,084
Production Systems		578				1,569				3				2,150
Eliminations & other		(4	)			(100	)			(9	)			(113	)
	$	1,543			$	5,881			$	53			$	7,477


	Third Quarter 2021
	North
	America				International				Other				Total
Digital & Integration	$	196			$	615			$	1			$	812
Reservoir Performance		79				1,112				1				1,192
Well Construction		382				1,839				52				2,273
Production Systems		469				1,205				-				1,674
Eliminations & other		3				(96	)			(11	)			(104	)
	$	1,129			$	4,675			$	43			$	5,847


	Nine Months 2022
	North
	America				International				Other				Total
Digital & Integration	$	781			$	1,928			$	4			$	2,713
Reservoir Performance		333				3,661				5				3,999
Well Construction		1,659				6,354				155				8,168
Production Systems		1,601				4,037				9				5,647
Eliminations & other		(12	)			(279	)			(23	)			(314	)
	$	4,362			$	15,701			$	150			$	20,213


	Nine Months 2021
	North
	America				International				Other				Total
Digital & Integration	$	549			$	1,850			$	2			$	2,401
Reservoir Performance		237				3,072				3				3,312
Well Construction		1,045				5,124				150				6,319
Production Systems		1,347				3,587				12				4,946
Eliminations & other		7				(236	)			(45	)			(274	)
	$	3,185			$	13,397			$	122			$	16,704