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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue:        
Revenue $ 5,697 $ 5,804 $ 17,334 $ 17,279
Operating costs and expenses:        
SAP S4 Upgrade Expense 28 23 91 36
General and administrative 55 58 178 166
Total operating costs and expenses 4,826 4,767 14,444 14,254
Operating income 871 1,037 2,890 3,025
Interest expense, net of interest income (85) (94) (269) (297)
Other, net (52) (27) (180) (96)
Income (loss) from continuing operations before income taxes 734 916 2,441 2,528
Income tax (provision) benefit (154) (192) (539) (533)
Net income (loss) 580 724 1,902 1,995
Net (income) loss attributable to noncontrolling interest (9) (8) (16) (18)
Net income (loss) attributable to company $ 571 $ 716 $ 1,886 $ 1,977
Earnings Per Share, Basic $ 650,000 $ 800,000 $ 2,130,000 $ 2,190,000
Earnings Per Share, Diluted $ 650,000 $ 790,000 $ 2,130,000 $ 2,190,000
Weighted Average Number of Shares Outstanding, Basic 881 898 885 901
Weighted Average Number of Shares Outstanding, Diluted 881 902 886 904
Impairments and other charges [1] $ 116 $ 0 $ 116 $ 0
Gain (loss) on Blue Chip Swap transactions 0 0 $ 0 104
MEXICO | Accounts Receivable [Member] | Customer Concentration Risk        
Operating costs and expenses:        
Concentration Risk, Percentage     10.00%  
Noncontrolling Interest in Consolidated Subsidiaries        
Operating costs and expenses:        
Net income (loss) 9 8    
Services [Member]        
Revenue:        
Revenue 4,093 4,131 $ 12,454 12,478
Operating costs and expenses:        
Cost of services and sales 3,361 3,349 10,206 10,152
Product sales [Member]        
Revenue:        
Revenue 1,604 1,673 4,880 4,801
Operating costs and expenses:        
Cost of services and sales $ 1,266 $ 1,337 $ 3,853 $ 3,900
[1]
For the three and nine months ended September 30, 2024, the amount includes a $45 million charge attributable to Completion and Production, a $34 million charge attributable to Drilling and Evaluation, and a $37 million charge attributable to Corporate and other. See Note 2 for further discussion on impairments and other charges.