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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying value of goodwill are detailed below by segment:
Oilfield ServicesOilfield EquipmentTurbo-machinery & Process SolutionsDigital SolutionsTotal
Balance at December 31, 2019, gross$15,382 $4,186 $2,171 $2,411 $24,150 
Accumulated impairment at December 31, 2019(2,633)(867)— (254)(3,754)
Balance at December 31, 201912,749 3,319 2,171 2,157 20,396 
Impairment(11,428)(3,289)— — (14,717)
Currency exchange and others
(20)(24)63 41 60 
Balance at December 31, 20201,301 2,234 2,198 5,739 
Currency exchange and others
10 (3)(62)37 (18)
Balance at December 31, 2021$1,311 $$2,172 $2,235 $5,721 
Schedule of Finite-lived Intangible Assets
Intangible assets are comprised of the following at December 31:
20212020
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Customer relationships$1,922 $(752)$1,170 $2,261 $(916)$1,345 
Technology1,090 (747)343 1,127 (696)$431 
Trade names and trademarks292 (169)123 326 (181)145 
Capitalized software1,311 (1,057)254 1,294 (1,041)253 
Finite-lived intangible assets (1)
4,615 (2,725)1,890 5,008 (2,834)2,174 
Indefinite-lived intangible assets2,241 — 2,241 2,223 — 2,223 
Total intangible assets$6,856 $(2,725)$4,131 $7,231 $(2,834)$4,397 
(1)For the year ended December 31, 2020, we recorded intangible asset impairments to customer relationships of $481 million, technology of $8 million, and trade names and trademarks of $237 million. See "Note 18. Restructuring, Impairment and Other" for further discussion.
Schedule of Indefinite-lived Intangible Assets
Intangible assets are comprised of the following at December 31:
20212020
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Customer relationships$1,922 $(752)$1,170 $2,261 $(916)$1,345 
Technology1,090 (747)343 1,127 (696)$431 
Trade names and trademarks292 (169)123 326 (181)145 
Capitalized software1,311 (1,057)254 1,294 (1,041)253 
Finite-lived intangible assets (1)
4,615 (2,725)1,890 5,008 (2,834)2,174 
Indefinite-lived intangible assets2,241 — 2,241 2,223 — 2,223 
Total intangible assets$6,856 $(2,725)$4,131 $7,231 $(2,834)$4,397 
(1)For the year ended December 31, 2020, we recorded intangible asset impairments to customer relationships of $481 million, technology of $8 million, and trade names and trademarks of $237 million. See "Note 18. Restructuring, Impairment and Other" for further discussion.
Schedule of Finite-lived Intangible Assets, Future Amortization Expense Estimated amortization expense for each of the subsequent five fiscal years is expected to be as follows:
YearEstimated Amortization Expense
2022$216 
2023204 
2024187 
2025142 
202695