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Revenues (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables disaggregate our product and service revenues from contracts with customers by major product line and geographic region for the three and six months ended June 30, 2020 and 2019.
SuccessorPredecessorSuccessorPredecessor
Three Months EndedThree Months EndedSix Months EndedSix Months Ended
(Dollars in millions)6/30/20206/30/20196/30/20206/30/2019
Product Line Revenue by Hemisphere:
  Production and Completions$165  $371  $462  $750  
  Drilling, Evaluation and Intervention145  348  436  695  
 Western Hemisphere$310  $719  $898  $1,445  
  Production and Completions$240  $265  $542  $527  
  Drilling, Evaluation and Intervention271  325  596  683  
 Eastern Hemisphere$511  $590  $1,138  $1,210  
Total Revenue$821  $1,309  $2,036  $2,655  

 SuccessorPredecessorSuccessorPredecessor
Three Months EndedThree Months EndedSix Months EndedSix Months Ended
(Dollars in millions)6/30/20206/30/20196/30/20206/30/2019
Revenue by Geographic Areas:
  North America$172  $420  $513  $876  
  Latin America138  299  385  569  
 Western Hemisphere $310  $719  $898  $1,445  
  Middle East & North Africa and Asia$341  $362  $744  $752  
  Europe/Sub-Sahara Africa/Russia170  228  394  458  
 Eastern Hemisphere $511  $590  $1,138  $1,210  
Total Revenues$821  $1,309  $2,036  $2,655  
Schedule of Contract with Customer, Asset and Liability
The following table provides information about receivables for product and services included in Accounts Receivable, Net, Contrast Assets and Contract Liabilities at June 30, 2020 and December 31, 2019.
(Dollars in millions)6/30/202012/31/2019
Receivables for Product and Services in Accounts Receivable, Net$884  $1,156  
Receivables for Equipment Rentals in Account Receivable, Net$43  $85  
Contract Assets$ $ 
Contract Liabilities$34  $12  
Schedule of Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
In the following table, estimated revenue expected to be recognized in the future related to performance obligations that are either unsatisfied or partially unsatisfied as of June 30, 2020 primarily relate to subsea services and an artificial lift contract.
(Dollars in millions)2020202120222023ThereafterTotal
Service Revenue$43  $27  $33  $32  $35  $170