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Business Segment and Geographic Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Information on business segments
The following table presents information on our business segments.
 
Three Months Ended
September 30
Nine Months Ended
September 30
Millions of dollars
2016
2015
2016
2015
Revenue:
 
 
 
 
Completion and Production
$
2,176

$
3,200

$
6,614

$
10,890

Drilling and Evaluation
1,657

2,382

5,252

7,661

Total revenue
$
3,833

$
5,582

$
11,866

$
18,551

Operating income (loss):
 
 
 
 
Completion and Production
$
24

$
163

$
22

$
938

Drilling and Evaluation
151

401

546

1,107

Total operations
175

564

568

2,045

Corporate and other (a)
(47
)
(140
)
(4,210
)
(401
)
Impairments and other charges (b)

(381
)
(3,189
)
(1,895
)
Total operating income (loss)
$
128

$
43

$
(6,831
)
$
(251
)
Interest expense, net of interest income
(141
)
(99
)
(502
)
(311
)
Other, net
(39
)
(34
)
(117
)
(281
)
Loss from continuing operations before income taxes
$
(52
)
$
(90
)
$
(7,450
)
$
(843
)

(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 incurred during the second quarter of 2016.
(b) Impairments and other charges are as follows:
-For the three months ended September 30, 2015, includes $228 million attributable to Completion and Production, $138 million attributable to Drilling and Evaluation, and $15 million attributable to Corporate and other.
-For the nine months ended September 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 nine months ended September 30, 2015, includes $949 million attributable to Completion and Production, $865 million attributable to Drilling and Evaluation, and $81 million attributable to Corporate and other.