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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue:      
Revenue $ 15,295 $ 14,445 $ 22,408
Operating costs and expenses:      
Impairments and other charges [1] 12 3,799 2,506
General and administrative 204 182 227
Total operating costs and expenses 13,495 16,881 22,856
Total operating income (loss) 1,800 (2,436) (448)
Interest expense, net of interest income (469) (505) (569)
Investment Income, Interest 60 38 23
Gain (Loss) on Extinguishment of Debt 0 (168) 0
Other, net (79) (111) (105)
Income (loss) before income taxes 1,252 (3,220) (1,122)
Income tax benefit (provision) 216 278 (7)
Net income (loss) 1,468 (2,942) (1,129)
Net (income) loss attributable to noncontrolling interest (11) (3) (2)
Net income (loss) attributable to company 1,457 (2,945) (1,131)
Amounts attributable to company shareholders:      
Net income (loss) attributable to company $ 1,457 $ (2,945) $ (1,131)
Basic and diluted income (loss) per share attributable to company shareholders:      
Net income (loss) per share (in dollars per share) $ 1.63 $ (3.34) $ (1.29)
Weighted Average Number of Shares Outstanding, Basic and Diluted 892,000 881,000 875,000
Services [Member]      
Revenue:      
Revenue $ 10,989 $ 10,203 $ 16,884
Operating costs and expenses:      
Cost of services and sales 9,745 9,458 15,684
Product sales [Member]      
Revenue:      
Revenue 4,306 4,242 5,524
Operating costs and expenses:      
Cost of services and sales $ 3,534 $ 3,442 $ 4,439
[1]
Impairments and other charges are as follows:
-For the year ended December 31, 2021, amount includes approximately $42 million attributable to Completion and Production, $9 million attributable to Drilling and Evaluation, and a $39 million net gain attributable to Corporate and other.
-For the year ended December 31, 2020, amount includes approximately $2.4 billion attributable to Completion and Production, $1.4 billion attributable to Drilling and Evaluation, and $62 million attributable to Corporate and other.
-For the year ended December 31, 2019, amount includes approximately $1.6 billion attributable to Completion and Production, $849 million attributable to Drilling and Evaluation, and $56 million attributable to Corporate and other.