XML 56 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
Business Combinations and Divestitures (Tables)
12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
The carrying amounts of the major classes of assets of U.S. pressure pumping and pump-down perforating divested are as follows:
 
 
December 31,
(Dollars in millions)
 
2017
Assets:
 
 
Inventory, Net
 
$
7

Property, Plant and Equipment, Net
 
222

Goodwill
 
162

Total Assets
 
$
391

 
 
 
Liabilities:
 
 
Long-term Debt
 
$
9

Other Liabilities
 
52

Total Liabilities
 
$
61


Held for Sale

During the fourth quarter of 2017, we committed to a plan to divest our land drilling rigs assets. As such, we reclassified the carrying amounts of the assets we plan to divest as held for sale as of December 31, 2017, which include $276 million of PP&E and other assets and $64 million of inventory. As of December 31, 2017, we also had $19 million of other PP&E held for sale.