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Business Segment and Geographic Information (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Information on business segments
The following table presents information on our business segments.
 
Three Months Ended
March 31
Millions of dollars
2017
2016
Revenue:
 
 
Completion and Production
$
2,604

$
2,324

Drilling and Evaluation
1,675

1,874

Total revenue
$
4,279

$
4,198

Operating income (loss):
 
 
Completion and Production
$
147

$
30

Drilling and Evaluation
122

241

Total operations
269

271

Corporate and other (a)
(66
)
(584
)
Impairments and other charges

(2,766
)
Total operating income (loss)
$
203

$
(3,079
)
Interest expense, net of interest income (b)
(242
)
(165
)
Other, net
(18
)
(47
)
Loss from continuing operations before income taxes
$
(57
)
$
(3,291
)

(a) Includes certain expenses not attributable to a particular business segment such as costs related to support functions and corporate executives, as well as merger-related costs incurred during the three months ended March 31, 2016.
(b) Includes $104 million of costs related to the early extinguishment of $1.4 billion of senior notes in the three months ended March 31, 2017.