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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Revenue $ 5,804 $ 5,357 $ 17,279 $ 14,715
Operating costs and expenses:        
Impairments and other charges [1] 0 0 0 366
SAP S4 Upgrade Expense 23 0 36 0
General and administrative 58 59 166 178
Total operating costs and expenses 4,767 4,511 14,254 12,984
Operating income 1,037 846 3,025 1,731
Interest expense, net of interest income (93) (93) (264) (301)
Loss on early extinguishment of debt 0 0 0 (42)
Other, net (28) (48) (129) (120)
Income (loss) from continuing operations before income taxes 916 705 2,528 1,268
Income tax (provision) benefit (192) (156) (533) (338)
Net income (loss) 724 549 1,995 930
Net (income) loss attributable to noncontrolling interest (8) (5) (18) (14)
Net income (loss) attributable to company $ 716 $ 544 $ 1,977 $ 916
Earnings Per Share, Basic $ 800,000 $ 600,000 $ 2,190,000 $ 1,010,000.00
Earnings Per Share, Diluted $ 790,000 $ 600,000 $ 2,190,000 $ 1,010,000.00
Weighted Average Number of Shares Outstanding, Basic 898 908 901 904
Weighted Average Number of Shares Outstanding, Diluted 902 910 904 907
Gain (Loss) on Blue Chip Swap Transaction $ 0 $ 0 $ (104) $ 0
Interest income 26 31 93 74
Noncontrolling Interest in Consolidated Subsidiaries        
Operating costs and expenses:        
Net income (loss) 8 5    
Services [Member]        
Revenue:        
Revenue 4,131 3,923 12,478 10,682
Operating costs and expenses:        
Cost of services and sales 3,349 3,251 10,152 9,084
Product sales [Member]        
Revenue:        
Revenue 1,673 1,434 4,801 4,033
Operating costs and expenses:        
Cost of services and sales $ 1,337 $ 1,201 $ 3,900 $ 3,356
[1] For the nine months ended September 30, 2022, the amount includes a $136 million charge attributable to Completions and Production, a $195 million charge attributable to Drilling and Evaluation, and a $35 million charge attributable to Corporate and other.