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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying value of goodwill are detailed below by segment:
Oilfield Services & EquipmentIndustrial & Energy TechnologyTotal
Balance at December 31, 2020, gross$19,524 $4,686 $24,210 
Accumulated impairment at December 31, 2020(18,217)(254)(18,471)
Balance at December 31, 20201,307 4,432 5,739 
Currency exchange and others
(25)(18)
Balance at December 31, 20211,314 4,407 5,721 
Disposition (1)
(161)— (161)
Acquisitions (2)
41 417 458 
Currency exchange, impairment and other— (96)(96)
Total1,194 4,728 5,922 
Classified as held for sale (3)
— (230)(230)
Balance at December 31, 2022$1,194 $4,498 $5,691 
(1)The reduction in Oilfield Services & Equipment ("OFSE") goodwill relates to the sale of part of our OFSE Russia business. See "Note 19. Business Dispositions and Acquisitions" for further information.
(2)See "Note 19. Business Dispositions and Acquisitions" for further information related to acquisitions occurring during 2022.
(3)The reduction in Industrial & Energy Technology ("IET") goodwill relates to transferring our IET Nexus Controls business to held for sale. See "Note 20. Business Held for Sale" for further information.
Schedule of Finite-lived Intangible Assets
Intangible assets are comprised of the following at December 31:
20222021
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Customer relationships$1,917 $(729)$1,189 $1,922 $(752)$1,170 
Technology1,212 (803)409 1,090 (747)$343 
Trade names and trademarks287 (175)112 292 (169)123 
Capitalized software1,308 (1,040)268 1,311 (1,057)254 
Finite-lived intangible assets4,725 (2,747)1,978 4,615 (2,725)1,890 
Indefinite-lived intangible assets2,202 — 2,202 2,241 — 2,241 
Total intangible assets$6,927 $(2,747)$4,180 $6,856 $(2,725)$4,131 
Schedule of Indefinite-lived Intangible Assets
Intangible assets are comprised of the following at December 31:
20222021
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Customer relationships$1,917 $(729)$1,189 $1,922 $(752)$1,170 
Technology1,212 (803)409 1,090 (747)$343 
Trade names and trademarks287 (175)112 292 (169)123 
Capitalized software1,308 (1,040)268 1,311 (1,057)254 
Finite-lived intangible assets4,725 (2,747)1,978 4,615 (2,725)1,890 
Indefinite-lived intangible assets2,202 — 2,202 2,241 — 2,241 
Total intangible assets$6,927 $(2,747)$4,180 $6,856 $(2,725)$4,131 
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
2023$245 
2024223 
2025182 
2026135 
2027114