Segment Information (Tables)

9 Months Ended

Sep. 30, 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 September 30,				Nine Months Ended September 30,
Segment revenue	2020		2019		2020		2019
Oilfield Services	$	2,308	$	3,348	$	7,858	$	9,597
Oilfield Equipment	726		728		2,133		2,156
Turbomachinery & Process Solutions	1,513		1,197		3,759		3,904
Digital Solutions	503		609		1,460		1,833
Total	$	5,049	$	5,882	$	15,210	$	17,490

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 loss, corporate expenses, restructuring, impairment and other charges, inventory impairments, separation related costs, goodwill impairments and certain gains and losses not allocated to the operating segments.

	Three Months Ended September 30,				Nine Months Ended September 30,
Segment income (loss) before income taxes	2020		2019		2020		2019
Oilfield Services	$	93	$	274	$	345	$	683
Oilfield Equipment	19		14		(4)		40
Turbomachinery & Process Solutions	191		161		473		414
Digital Solutions	46		82		117		234
Total segment	349		531		931		1,370
Corporate	(115)		(109)		(353)		(314)
Inventory impairment (1)	(42)		—		(218)		—
Goodwill impairment	—		—		(14,717)		—
Restructuring, impairment and other	(209)		(71)		(1,637)		(183)
Separation related	(32)		(54)		(110)		(128)
Other non-operating loss, net	(149)		(14)		(367)		(124)
Interest expense, net	(66)		(59)		(195)		(174)
Total	$	(264)	$	224	$	(16,666)	$	446

⁽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 assets	September 30, 2020		December 31, 2019
Oilfield Services	$	15,724	$	30,317
Oilfield Equipment	3,687		7,645
Turbomachinery & Process Solutions	8,727		8,365
Digital Solutions	3,890		3,983
Total segment	32,028		50,310
Corporate and eliminations (1)	5,237		2,903
Total	$	37,265	$	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.