Consolidated Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 568	$ 848	$ 724
Adjustments to reconcile net income to net cash provided by operating activities:
Asset charges	639	44	0
Loss on disposal of non-core assets	15	10	0
Pre-tax gain on sale of compression businesses	(681)	(95)	0
Depreciation	293	296	246
Amortization	49	64	69
Non-cash stock compensation expense	49	54	54
Gain from remeasurement of prior interest in equity method investment	0	(8)	0
Deferred income taxes and tax benefit of stock compensation plan transactions	(50)	(48)	11
Changes in assets and liabilities, net of translation, acquisitions and non-cash items:
Receivables	390	166	(470)
Inventories	362	(144)	(367)
Accounts payable and accrued liabilities	(913)	(17)	556
Other assets and liabilities, net	(13)	23	15
Net cash provided by operating activities	708	1,193	838
Cash flows from investing activities:
Proceeds from sales and maturities of short-term investments	923	65	1,559
Purchases of short-term investments	(1,394)	(137)	(1,082)
Capital expenditures	(285)	(385)	(520)
Net proceeds received from sale of compression businesses, net	831	547	0
Other dispositions (acquisitions), net of cash acquired	0	(7)	(11)
Proceeds received and cash acquired from formation of OneSubsea™, net of taxes paid of $80	0	0	523
Proceeds from sales of plant and equipment	14	13	13
Net cash provided by investing activities	89	96	482
Cash flows from financing activities:
Issuance of senior debt	0	500	747
Debt issuance costs	0	(4)	(6)
Early retirement of senior notes	0	(253)	0
Short-term loan borrowings (repayments), net	(222)	(34)	46
Purchase of treasury stock	(240)	(1,747)	(1,531)
Contributions from (distributions to) noncontrolling interest owners	(3)	(42)	62
Purchases of noncontrolling ownership interests	0	0	(7)
Proceeds from stock option exercises, net of tax payments from stock compensation plan transactions	20	40	31
Excess tax benefits from stock compensation plan transactions	2	6	9
Principal payments on capital leases	(18)	(20)	(18)
Net cash used for financing activities	(461)	(1,554)	(667)
Effect of translation on cash	(74)	(35)	(26)
Increase (decrease) in cash and cash equivalents	262	(300)	627
Cash and cash equivalents, beginning of year	1,513	1,813	1,186
Cash and cash equivalents, end of year	$ 1,775	$ 1,513	$ 1,813