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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income (loss) $ (234,000,000) $ (502,000,000) $ 116,000,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 53,000,000 38,000,000 21,000,000
Deferred income taxes (2,000,000) (6,000,000) 7,000,000
Stock-based compensation 23,000,000 27,000,000 18,000,000
Provision for doubtful accounts 17,000,000 27,000,000 4,000,000
Provision for inventory 36,000,000 54,000,000 8,000,000
Impairment of goodwill   393,000,000  
Other, net   (7,000,000)  
Change in operating assets and liabilities, net of acquisitions:      
Receivables 102,000,000 414,000,000 (200,000,000)
Inventories 190,000,000 258,000,000 (116,000,000)
Prepaid and other current assets 4,000,000 12,000,000 (1,000,000)
Accounts payable and accrued liabilities 22,000,000 (367,000,000) 261,000,000
Income taxes receivable, net 25,000,000 (18,000,000) (6,000,000)
Other assets / liabilities, net (1,000,000) 1,000,000 (4,000,000)
Net cash provided by operating activities 235,000,000 324,000,000 108,000,000
Cash flows from investing activities:      
Purchases of property, plant and equipment (4,000,000) (11,000,000) (39,000,000)
Business acquisitions, net of cash acquired (175,000,000) (515,000,000) (36,000,000)
Purchases of intangible assets (7,000,000)    
Other, net 3,000,000 3,000,000 8,000,000
Net cash used in investing activities (183,000,000) (523,000,000) (67,000,000)
Cash flows from financing activities:      
Net contributions from National Oilwell Varco, Inc.     67,000,000
Borrowing under the revolving credit facility 253,000,000 435,000,000  
Repayments under the revolving credit facility (296,000,000) (327,000,000)  
Other (4,000,000) (2,000,000) (1,000,000)
Net cash provided by (used in) financing activities (47,000,000) 106,000,000 66,000,000
Effect of exchange rates on cash and cash equivalents 11,000,000 (12,000,000) (13,000,000)
Net change in cash and cash equivalents 16,000,000 (105,000,000) 94,000,000
Cash and cash equivalents, beginning of period 90,000,000 195,000,000 101,000,000
Cash and cash equivalents, end of period 106,000,000 90,000,000 195,000,000
Supplemental disclosures of cash flow information:      
Income taxes paid (refunded), net (23,000,000) 10,000,000 65,000,000
Interest paid $ 4,000,000 $ 2,000,000  
Non-cash investing and financing activities:      
Contributed property, plant and equipment, net     4,000,000
Accrued purchases of property, plant and equipment     $ 1,000,000