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Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Financial information by segment
Financial information by segment is summarized below. Revenues are attributable to countries based on the ultimate destination of the sale of products or performance of services. The accounting policies of the segments are the same as those described in the summary of significant accounting policies as presented in our Form 10-K.
 
Three Months Ended March 31, 2016
(Dollars in millions)
Net
Operating
Revenues
 
Income
from
Operations
 
Depreciation
and
Amortization
North America
$
543

 
$
(128
)
 
$
54

MENA/Asia Pacific
361

 
(46
)
 
61

Europe/SSA/Russia
257

 
(1
)
 
48

Latin America
305

 
44

 
61

Subtotal
1,466

 
(131
)
 
224

Land Drilling Rigs
119

 
(26
)
 
22

 
1,585

 
(157
)
 
246

Corporate and Research and Development
 
 
(88
)
 
4

Asset Write-Downs and Other Related Charges (a)
 
 
(49
)
 
 
Restructuring Charges (b)
 
 
(77
)
 
 
Litigation Charges, Net
 
 
(67
)
 
 
Loss on Sale of Businesses, Net
 
 
(1
)
 
 
Other Items (c)
 
 
(8
)
 
 
Total
$
1,585

 
$
(447
)
 
$
250

(a)
Includes pressure pumping business related charges of $20 million, supply agreement charges related to a non-core business divestiture of $15 million and $14 million primarily related to a rig casualty loss.
(b)
Includes restructuring charges of $77 million: $24 million in North America, $15 million in Europe/SSA/Russia, $15 million in Latin America, $10 million in Corporate and Research and Development, $9 million in MENA/Asia Pacific, and $4 million in Land Drilling Rigs.
(c)
Includes professional and other fees of $6 million and divestiture related charges of $2 million.
 
Three Months Ended March 31, 2015
(Dollars in millions)
Net
Operating
Revenues
 
Income
from
Operations
 
Depreciation
and
Amortization
North America
$
1,163

 
$
(10
)
 
$
105

MENA/Asia Pacific
533

 
60

 
65

Europe/SSA/Russia
417

 
71

 
50

Latin America
486

 
98

 
61

  Subtotal
2,599

 
219

 
281

Land Drilling Rigs
195

 
10

 
29

 
2,794

 
229

 
310

Corporate and Research and Development
 
 
(120
)
 
6

Restructuring Charges (d)
 
 
(41
)
 
 
Gain on Sale of Businesses, Net
 
 
3

 
 
Other Items (e)
 
 
(21
)
 
 
Total
$
2,794

 
$
50

 
$
316


(d)
Includes restructuring charges of $41 million: $8 million in North America, $6 million in MENA/Asia Pacific, $7 million in Europe/SSA/Russia, $12 million in Latin America, $5 million in Land Drilling Rigs and $3 million in Corporate and Research and Development.
(e)
Includes professional fees of $13 million related to the divestiture of our non-core businesses, restatement related litigation, post-settlement monitor and auditor expenses and other charges of $8 million.