Business Segments (Tables)

9 Months Ended

Sep. 30, 2014

The Company's operations are organized into three separate business segments – Drilling & Production Systems (DPS), Valves & Measurement (V&M) and PCS. Summary financial data by segment follows (in millions):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Revenues:
DPS	$	1,975		$	1,637		$	5,583		$	4,344
V&M		552			502			1,580			1,558
PCS		151			178			414			505
	$	2,678		$	2,317		$	7,577		$	6,407

Income (loss) from continuing operations before income taxes:
DPS	$	295		$	216		$	713		$	566
V&M		103			98			304			320
PCS		9			13			9			18
Corporate & other		(102	)		(100	)		(291	)		(329	)
	$	305		$	227		$	735		$	575

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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