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Business Segment and Geographic Information (Tables)
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Information on business segments
The following table presents information on our business segments.
 
Three Months Ended
June 30
Six Months Ended
June 30
Millions of dollars
2016
2015
2016
2015
Revenue:
 
 
 
 
Completion and Production
$
2,114

$
3,444

$
4,438

$
7,690

Drilling and Evaluation
1,721

2,475

3,595

5,279

Total revenue
$
3,835

$
5,919

$
8,033

$
12,969

Operating income (loss):
 
 
 
 
Completion and Production
$
(32
)
$
313

$
(2
)
$
775

Drilling and Evaluation
154

400

395

706

Total operations
122

713

393

1,481

Corporate and other (a)
(3,579
)
(153
)
(4,163
)
(261
)
Impairments and other charges (b)
(423
)
(306
)
(3,189
)
(1,514
)
Total operating income (loss)
$
(3,880
)
$
254

$
(6,959
)
$
(294
)
Interest expense, net of interest income (c)
(196
)
(106
)
(361
)
(212
)
Other, net
(31
)
(23
)
(78
)
(247
)
Income (loss) from continuing operations before income taxes
$
(4,107
)
$
125

$
(7,398
)
$
(753
)

(a) Corporate and other includes certain expenses not attributable to a particular business segment such as costs related to support functions and corporate executives and Baker Hughes-related costs for all periods presented, including the $3.5 billion termination fee recognized during the second quarter of 2016.
(b) Impairments and other charges are as follows:
-For the three months ended June 30, 2016, includes $290 million attributable to Completion and Production, $129 million attributable to Drilling and Evaluation, and $4 million attributable to Corporate and other.
-For the six months ended June 30, 2016, includes $2.0 billion attributable to Completion and Production, $1.1 billion attributable to Drilling and Evaluation, and $8 million attributable to Corporate and other.
-For the three months ended June 30, 2015, includes $211 million attributable to Completion and Production, $89 million attributable to Drilling and Evaluation, and $6 million attributable to Corporate and other.
-For the six months ended June 30, 2015, includes $720 million attributable to Completion and Production, $727 million attributable to Drilling and Evaluation, and $67 million attributable to Corporate and other.
(c) Includes $41 million of debt redemption fees and associated expenses related to the $2.5 billion of debt mandatorily redeemed during the second quarter of 2016, as well as additional interest resulting from the senior notes issued in late 2015, in the three and six months ended June 30, 2016.