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Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
Sales $ 5,649 $ 8,056 $ 7,594
Services 10,093 16,495 14,770
Total revenue 15,742 24,551 22,364
Costs and expenses:      
Cost of sales 4,863 6,294 5,932
Cost of services 9,639 13,452 12,621
Research and engineering 483 613 556
Marketing, general and administrative 1,173 1,271 1,306
Impairment and Restructuring Charges 1,993 [1] 0 0
Litigation settlements (13) 62 0
Total costs and expenses 18,138 21,692 20,415
Operating (loss) income (2,396) 2,859 1,949
Interest expense, net (217) (232) (234)
(Loss) income before income taxes (2,613) 2,627 1,715
Income taxes 639 (896) (612)
Net (loss) income (1,974) 1,731 1,103
Net loss (income) attributable to noncontrolling interests 7 (12) (7)
Net (loss) income attributable to Baker Hughes $ (1,967) $ 1,719 $ 1,096
Earnings Per Share      
Basic (loss) earnings per share attributable to Baker Hughes (in US$ per share) $ (4.49) $ 3.93 $ 2.47
Diluted (loss) earnings per share attributable to Baker Hughes (in US$ per share) $ (4.49) $ 3.92 $ 2.47
[1] Impairment and restructuring charges associated with asset impairments, workforce reductions, facility closures and contract terminations recorded during 2015. See Note 3. "Impairment and Restructuring Charges" for further discussion.