CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (unaudited) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:
Net income	$ 233	$ 140	$ 349	$ 289
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on sale of Reciprocating Compression business	(95)	0	(95)	0
Depreciation	71	59	139	115
Amortization	19	11	38	25
Non-cash stock compensation expense	15	14	30	27
Gain from remeasurement of prior interest in equity method investment	(8)	0	(8)	0
Deferred income taxes and tax benefit of employee stock compensation plan transactions	34	(2)	17	12
Changes in assets and liabilities, net of translation and non-cash items:
Receivables	171	(236)	111	(71)
Inventories	(53)	(124)	(228)	(340)
Accounts payable and accrued liabilities	(257)	212	(471)	7
Other assets and liabilities, net	83	(44)	157	(57)
Net cash used for operating activities	213	30	39	7
Cash flows from investing activities:
Proceeds from sales and maturities of short-term investments	18	353	23	628
Purchases of short-term investments	(33)	(135)	(38)	(421)
Capital expenditures	(73)	(99)	(178)	(182)
Proceeds received from sale of Reciprocating Compression business, net	547	0	547	0
Other dispositions (acquisitions), net	(18)	8	(18)	9
Proceeds received and cash acquired from formation of OneSubsea	0	603	0	603
Proceeds from sales of plant and equipment	4	3	10	4
Net cash used for investing activities	445	733	346	641
Cash flows from financing activities:
Issuance of senior notes	500	0	500	0
Debt issuance costs	(4)	0	(4)	0
Short-term loan borrowings (repayments), net	(321)	(28)	9	9
Purchase of treasury stock	(303)	(93)	(1,205)	(125)
Proceeds from stock option exercises, net of tax payments from stock compensation plan transactions	16	7	25	29
Excess tax benefits from stock compensation plan transactions	4	2	6	8
Principal payments on capital leases	(5)	(7)	(8)	(10)
Net cash used for financing activities	(113)	(119)	(677)	(89)
Effect of translation on cash	8	(8)	4	(27)
Increase (decrease) in cash and cash equivalents	553	636	(288)	532
Cash and cash equivalents, beginning of period	972	1,082	1,813	1,186
Cash and cash equivalents, end of period	$ 1,525	$ 1,718	$ 1,525	$ 1,718