Restructuring Charges (Tables)

6 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Charges

The following table presents total restructuring charges by segment and All Other in the three and six months ended June 30, 2022 and 2021:

	Three Months Ended June 30,				Six Months Ended June 30,
(Dollars in millions)	2022		2021		2022		2021
Drilling and Evaluation	$	—	$	—	$	5	$	—
Well Construction and Completions	—		—		7		—
Production and Intervention	—		—		5		—
All Other	—		—		3		—
Total Restructuring Charges	$	—	$	—	$	20	$	—

Schedule of Restructuring Reserve by Type of Cost

The following table presents total restructuring reserve activity in the six months ended June 30, 2022:

(Dollars in millions)	December 31, 2021		Charges		Cash Payments		(Credits)/Other		June 30, 2022
Restructuring Reserve	$	17	$	20	$	(10)	$	—	$	27