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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:      
Revenue $ 23,018 $ 20,297 $ 15,295
Operating costs and expenses:      
Impairments and other charges [1] 0 366 12
SAP S4 Upgrade Expense 51 0 0
General and administrative 226 240 204
Total operating costs and expenses 18,935 17,590 13,495
Total operating income (loss) 4,083 2,707 1,800
Interest expense, net of interest income (395) (463) (520)
Gain (Loss) on Blue Chip Swap Transaction (110) 0 0
Argentina Currency Devaluation (131) (30) 6
Gain (Loss) on Extinguishment of Debt 0 (42) 0
Other, net (84) (62) (34)
Income (loss) before income taxes 3,363 2,110 1,252
Income tax benefit (provision) (701) (515) 216
Net income (loss) 2,662 1,595 1,468
Net (income) loss attributable to noncontrolling interest (24) (23) (11)
Net income (loss) attributable to company $ 2,638 $ 1,572 $ 1,457
Income (Loss) from Continuing Operations, Per Basic Share $ 2,930,000 $ 1,740,000 $ 1.63
Amounts attributable to company shareholders:      
Net income (loss) attributable to company $ 2,638 $ 1,572 $ 1,457
Basic and diluted income (loss) per share attributable to company shareholders:      
Diluted weighted average common shares outstanding 902 908 892
Basic weighted average common shares outstanding 899 904 892
Income (loss) from continuing operations (in dollars per share) $ 2,920,000 $ 1,730,000 $ 1.63
Services [Member]      
Revenue:      
Revenue $ 16,483 $ 14,749 $ 10,989
Operating costs and expenses:      
Cost of services and sales 13,402 12,381 9,745
Product sales [Member]      
Revenue:      
Revenue 6,535 5,548 4,306
Operating costs and expenses:      
Cost of services and sales $ 5,256 $ 4,603 $ 3,534
[1]
Impairments and other charges are as follows:
-For the year ended December 31, 2022, amount includes approximately $136 million attributable to Completion and Production, $195 million attributable to Drilling and Evaluation, and $35 million attributable to Corporate and other.
-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.