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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Summary financial data by segment
Summary financial data by segment follows:
 
Year Ended December 31,
(dollars in millions)
2015
 
2014
 
2013
 
 
 
 
 
 
Revenues:
 
 
 
 
 
Subsea
$
2,753

 
$
3,067

 
$
2,813

Surface
1,957

 
2,411

 
2,077

Drilling
2,708

 
3,049

 
2,327

V&M
1,548

 
2,125

 
2,105

Elimination of intersegment revenues
(184
)
 
(271
)
 
(184
)
Consolidated revenues
$
8,782

 
$
10,381

 
$
9,138

 
 
 
 
 
 
Depreciation and amortization:
 

 
 

 
 

Subsea
$
87

 
$
113

 
$
85

Surface
135

 
126

 
106

Drilling
67

 
60

 
60

V&M
53

 
49

 
47

Consolidated depreciation and amortization
$
342

 
$
348

 
$
298

 
 
 
 
 
 
Segment operating income before interest and income taxes:
 

 
 

 
 

Subsea
$
407

 
$
207

 
$
152

Surface
264

 
427

 
367

Drilling
528

 
474

 
311

V&M
177

 
393

 
414

Elimination of intersegment earnings
(36
)
 
(74
)
 
(35
)
Segment operating income before interest and income taxes
1,340

 
1,427

 
1,209

Corporate items:
 

 
 

 
 

Corporate expenses
(108
)
 
(145
)
 
(162
)
Interest, net
(138
)
 
(129
)
 
(100
)
Other costs
(773
)
 
(73
)
 
(92
)
Consolidated income from continuing operations before income taxes
$
321

 
$
1,080

 
$
855

 
 
 
 
 
 
Capital expenditures:
 

 
 

 
 

Subsea
$
60

 
$
70

 
$
80

Surface
109

 
125

 
156

Drilling
44

 
38

 
111

V&M
36

 
49

 
58

Corporate
36

 
96

 
102

Discontinued operations
—

 
7

 
13

Consolidated capital expenditures
$
285

 
$
385

 
$
520

 
 
 
 
 
 
Total assets:
 

 
 

 
 

Subsea
$
4,735

 
$
5,571

 
$
5,897

Surface
2,667

 
2,756

 
2,705

Drilling
2,394

 
3,011

 
3,076

V&M
1,540

 
1,633

 
1,765

Corporate
1,025

 
581

 
844

Discontinued operations
—

 
217

 
616

Elimination of intersegment investments
(861
)
 
(877
)
 
(654
)
Consolidated total assets
$
11,500

 
$
12,892

 
$
14,249
Customer revenue by shipping location and long-lived assets by country
Customer revenue by shipping location and long-lived assets by country were as follows:
 
Year Ended December 31,
(dollars in millions)
2015
 
2014
 
2013
 
 
 
 
 
 
Revenues:
 
 
 
 
 
United States
$
4,609

 
$
4,689

 
$
4,311

United Kingdom
1,200

 
964

 
822

Norway
776

 
952

 
684

Other foreign countries
2,197

 
3,776

 
3,321

Total revenues
$
8,782

 
$
10,381

 
$
9,138

 
December 31,
(dollars in millions)
2015
 
2014
 
2013
 
 
 
 
 
 
Long-lived assets:
 
 
 
 
 
United States
$
1,703

 
$
2,367

 
$
2,670

United Kingdom
221

 
219

 
197

Norway
1,314

 
1,627

 
1,953

Other foreign countries
825

 
940

 
1,046

Total long-lived assets
$
4,063

 
$
5,153

 
$
5,866