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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Cash flows from operating activities:              
Net income (loss) $ 20 $ 203 $ 580 $ 609 $ 703 $ 1,902  
Adjustments to reconcile net income (loss) to net cash flows from operating activities:              
Depreciation, depletion and amortization 285   270   846 804  
Changes in assets and liabilities:              
Receivables         (13) (516)  
Accounts payable         (60) (145)  
Inventories         (38) 16  
Other operating activities         (425) 232  
Total cash flows provided by operating activities         1,761 2,409  
Cash flows from investing activities:              
Capital expenditures (261)   (339)   (917) (1,016)  
Payments to Acquire Marketable Securities         (128) (320)  
Proceeds from Sale of Equity Method Investments         120 0  
Proceeds from sales of property, plant and equipment         138 149  
Payments to Acquire Equity Method Investments         (343) (101)  
Other investing activities         (49) (32)  
Total cash flows used in investing activities         (1,126) (1,210)  
Cash flows from financing activities:              
Dividends to shareholders         (436) (452)  
Payments for Repurchase of Common Stock         757 696  
Other financing activities         (23) (37)  
Total cash flows used in financing activities         (1,216) (1,185)  
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Including Discontinued Operation         (11) (100)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total         (592) (86)  
Cash and equivalents at beginning of period   $ 2,618   $ 2,264 2,618 2,264 $ 2,264
Cash and equivalents at end of period $ 2,026   2,178   2,026 2,178 $ 2,618
Cash payments during the period for:              
Interest         330 336  
Income taxes         $ 518 369  
Maximum Percentage Gross Trade Receivables From One Customer 10.00%       10.00%   10.00%
Proceeds from Sale and Maturity of Marketable Securities         $ 228 137  
Payments to Acquire Businesses, Net of Cash Acquired         (175) (27)  
Impairments and other charges [1] $ 392   $ 116   $ 748 $ 116  
UNITED STATES | Accounts Receivable [Member] | Geographic Concentration Risk [Member]              
Cash payments during the period for:              
Concentration Risk, Percentage         32.00%   30.00%
MEXICO | Accounts Receivable [Member] | Geographic Concentration Risk [Member]              
Cash payments during the period for:              
Concentration Risk, Percentage         12.00%   11.00%
[1]
For the three months ended September 30, 2025, the amount includes a $252 million charge attributable to Completion and Production, a $140 million
charge attributable to Drilling and Evaluation segment. For the nine months ended September 30, 2025, the amount included a $453 million charge
attributable to Completion and Production, a $225 million charge attributable to Drilling and Evaluation, and a $70 million charge attributable to
Corporate and other. For the three and nine months ended September 30, 2024, the amount included 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.