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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2014
Business Segments [Abstract]  
Summary financial data by segment
Summary financial data by segment follows:

  
Year Ended December 31,
 
(dollars in millions)
 
2014
  
2013
  
2012
 
       
Revenues:
      
Subsea
 
$
3,067
  
$
2,813
  
$
2,061
 
Surface
  
2,411
   
2,077
   
1,859
 
Drilling
  
3,049
   
2,327
   
1,807
 
V&M
  
2,125
   
2,105
   
2,168
 
Elimination of intersegment revenues
  
(271
)
  
(184
)
  
(100
)
Consolidated revenues
 
$
10,381
  
$
9,138
  
$
7,795
 
             
Depreciation and amortization:
            
Subsea
 
$
113
  
$
85
  
$
57
 
Surface
  
126
   
106
   
85
 
Drilling
  
60
   
60
   
46
 
V&M
  
49
   
47
   
50
 
Consolidated depreciation and amortization
 
$
348
  
$
298
  
$
238
 
             
Segment operating income before interest and income taxes:
            
Subsea
 
$
207
  
$
152
  
$
72
 
Surface
  
427
   
367
   
315
 
Drilling
  
474
   
311
   
329
 
V&M
  
393
   
414
   
396
 
Elimination of intersegment earnings
  
(74
)
  
(35
)
  
(21
)
Segment operating income before interest and income taxes
  
1,427
   
1,209
   
1,091
 
Corporate items:
            
Corporate expenses
  
(145
)
  
(162
)
  
(126
)
Interest, net
  
(129
)
  
(100
)
  
(90
)
Other costs
  
(73
)
  
(92
)
  
(33
)
Consolidated income from continuing operations before income taxes
 
$
1,080
  
$
855
  
$
842
 
             
Capital expenditures:
            
Subsea
 
$
70
  
$
80
  
$
82
 
Surface
  
125
   
156
   
132
 
Drilling
  
38
   
111
   
97
 
V&M
  
49
   
58
   
30
 
Corporate
  
96
   
102
   
69
 
Discontinued operations
  
7
   
13
   
17
 
Consolidated capital expenditures
 
$
385
  
$
520
  
$
427
 
             
Total assets:
            
Subsea
 
$
5,571
  
$
5,897
  
$
3,364
 
Surface
  
2,756
   
2,705
   
2,307
 
Drilling
  
3,011
   
3,076
   
2,413
 
V&M
  
1,633
   
1,765
   
1,743
 
Corporate
  
581
   
844
   
1,376
 
Discontinued operations
  
217
   
616
   
615
 
Elimination of intersegment investments
  
(877
)
  
(654
)
  
(660
)
Consolidated total assets
 
$
12,892
  
$
14,249
  
$
11,158
 
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)
 
2014
  
2013
  
2012
 
       
Revenues:
      
United States
 
$
4,689
  
$
4,311
  
$
4,058
 
United Kingdom
  
964
   
822
   
612
 
Other foreign countries
  
4,728
   
4,005
   
3,125
 
             
Total revenues
 
$
10,381
  
$
9,138
  
$
7,795
 

  
December 31,
 
(dollars in millions)
 
2014
  
2013
  
2012
 
       
Long-lived assets:
      
United States
 
$
2,367
  
$
2,670
  
$
2,532
 
United Kingdom
  
219
   
197
   
170
 
Other foreign countries
  
2,567
   
2,999
   
1,323
 
             
Total long-lived assets
 
$
5,153
  
$
5,866
  
$
4,025