Impairments and Other Charges (Tables)

6 Months Ended

Jun. 30, 2016

Restructuring and Related Activities [Abstract]

Impairments and Other Charges

The following table presents various charges we recorded during the three and six months endedJune 30, 2016 and 2015 as a result of the downturn in the energy industry and other matters, all of which were recorded within "Impairments and other charges" on our condensed consolidated statements of operations:

	Three Months Ended					Six Months Ended
Millions of dollars	June 30, 2016			June 30, 2015		June 30, 2016			June 30, 2015
Industry downturn:
Severance costs	$	126		$	78	$	261		$	212
Fixed asset impairments	92			177		2,537			494
Inventory write-downs	64			39		130			346
Intangible asset impairments	—			8		87			172
Other	9			—		40			152
Other matters:
Venezuela promissory note loss	148			—		148			—
Country closures	—			2		2			77
Other	(16		)	2		(16		)	61
Total impairments and other charges	$	423		$	306	$	3,189		$	1,514