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Segment Information (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Summarized financial information Summarized financial information is shown in the following tables. Consistent accounting policies have been applied by all segments within the Company, for all reporting periods.
Three Months Ended March 31,
Segment revenue20202019
Oilfield Services$3,139  $2,986  
Oilfield Equipment712  735  
Turbomachinery & Process Solutions1,085  1,302  
Digital Solutions489  592  
Total$5,425  $5,615  
The performance of our operating segments is evaluated based on segment operating income (loss), which is defined as income (loss) before income taxes before the following: net interest expense, net other non-operating income, corporate expenses, restructuring, impairment and other charges, inventory impairments, separation and merger related costs, goodwill impairments and certain gains and losses not allocated to the operating segments.
Three Months Ended March 31,
Segment income (loss) before income taxes20202019
Oilfield Services$206  $176  
Oilfield Equipment(8) 12  
Turbomachinery & Process Solutions134  118  
Digital Solutions29  68  
Total segment361  373  
Corporate(122) (100) 
Inventory impairment (1)
(160) —  
Goodwill impairment(14,717) —  
Restructuring, impairment and other(1,325) (62) 
Separation and merger related(41) (34) 
Other non-operating income, net25  21  
Interest expense, net(59) (59) 
Total$(16,037) $138  
(1)Charges for inventory impairments are predominantly reported in the "Cost of goods sold" caption of the condensed consolidated statements of income (loss).
The following table presents total assets by segment:
Segment assetsMarch 31, 2020December 31, 2019
Oilfield Services$17,380  $30,317  
Oilfield Equipment3,933  7,645  
Turbomachinery & Process Solutions8,239  8,365  
Digital Solutions3,847  3,983  
Total segment33,399  50,310  
Corporate and eliminations (1)
3,742  2,903  
Total$37,141  $53,213  
(1) Corporate and eliminations in total segment assets includes adjustments of intercompany investments and receivables that are reflected within the total assets of the four reportable segments.