Business Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Information on business segments

The following tables present financial information on our business segments.

Operations by business segment
	Year Ended December 31
Millions of dollars	2016			2015			2014
Revenue:
Completion and Production	$	8,882		$	13,682		$	20,253
Drilling and Evaluation	7,005			9,951			12,617
Total revenue	$	15,887		$	23,633		$	32,870
Operating income (loss):
Completion and Production	$	107		$	1,069		$	3,670
Drilling and Evaluation	794			1,519			1,740
Total operations	901			2,588			5,410
Corporate and other (a)	(4,322		)	(576		)	(184		)
Impairments and other charges (b)	(3,357		)	(2,177		)	(129		)
Total operating income (loss)	$	(6,778	)	$	(165	)	$	5,097
Interest expense, net of interest income (c)	$	(639	)	$	(447	)	$	(383	)
Other, net	(208		)	(324		)	(2		)
Income (loss) from continuing operations before income taxes	$	(7,625	)	$	(936	)	$	4,712
Capital expenditures:
Completion and Production	$	500		$	1,526		$	1,953
Drilling and Evaluation	297			650			1,297
Corporate and other	1			8			33
Total	$	798		$	2,184		$	3,283
Depreciation, depletion and amortization:
Completion and Production	$	900		$	1,160		$	1,162
Drilling and Evaluation	569			638			934
Corporate and other	34			37			30
Total	$	1,503		$	1,835		$	2,126

(a) Includes Baker Hughes related costs for the periods presented, including a $3.5 billion termination fee and an aggregate $464 million of charges for the reversal of assets held for sale accounting during the year ended December 31, 2016.

(b) Impairments and other charges are as follows:

-For the year ended December 31, 2016, includes $2.1 billion attributable to Completion and Production, $1.2 billion attributable to Drilling and Evaluation and $10 million attributable to Corporate and other.

-For the year ended December 31, 2015, includes $1.1 billion attributable to Completion and Production, $1.0 billion attributable to Drilling and Evaluation and $88 million attributable to Corporate and other.

-For the year ended December 31, 2014, includes $60 million attributable to Completion and Production and $69 million attributable to Drilling and Evaluation.

(c) For the year ended December 31, 2016, includes $41 million of debt redemption fees and associated expenses related to the $2.5 billion of debt mandatorily redeemed and additional interest resulting from the senior notes issued in late 2015.

Reconciliation of assets from segment to consolidated

	December 31
Millions of dollars	2016		2015
Total assets:
Completion and Production	$	10,349	$	13,628
Drilling and Evaluation	8,473		10,531
Shared assets	3,371		1,785
Corporate and other	4,807		10,998
Total	$	27,000	$	36,942

Schedule of revenue from external customers and long-lived assets, by geographical areas

Operations by geographic region
	Year Ended December 31
Millions of dollars	2016		2015		2014
Revenue:
North America	$	6,770	$	10,856	$	17,698
Latin America	1,860		3,149		3,875
Europe/Africa/CIS	2,993		4,175		5,490
Middle East/Asia	4,264		5,453		5,807
Total	$	15,887	$	23,633	$	32,870

	December 31
Millions of dollars	2016		2015
Net property, plant and equipment:
North America	$	4,431	$	6,091
Latin America	1,068		1,463
Europe/Africa/CIS	1,253		1,620
Middle East/Asia	1,780		2,943
Total	$	8,532	$	12,117