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Segment Information
9 Months Ended
Sep. 30, 2013
Segment Information

14. Segment Information

 

 

 

(Stated in millions)

 

 

Third Quarter 2013

 

 

Third Quarter 2012

 

 

Revenue

 

 

Income
before
taxes

 

 

Revenue

 

 

Income
before
taxes

 

Oilfield Services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reservoir Characterization             

$

  3,232

 

 

$

  983

 

 

$

  2,835

 

 

$

  799

 

Drilling             

 

  4,415

 

 

 

  894

 

 

 

  4,035

 

 

 

  727

 

Production             

 

  4,024

 

 

 

  707

 

 

 

  3,655

 

 

 

  537

 

Eliminations & other             

 

(63

)

 

 

(88

)

 

 

(27

)

 

 

  21

 

 

 

  11,608

 

 

 

  2,496

 

 

 

  10,498

 

 

 

  2,084

 

Corporate & other             

 

 

 

 

(179

)

 

 

 

 

 

(177

)

Interest income (1)             

 

 

 

 

  6

 

 

 

 

 

 

  8

 

Interest expense (2)              

 

 

 

 

(92

)

 

 

 

 

 

(85

)

Charges and credits (see Note 2)             

 

 

 

 

 

 

 

 

 

 

(32

)

 

$

  11,608

 

 

$

  2,231

 

 

$

  10,498

 

 

$

  1,798

 

              (1) Excludes interest income included in the segment results ($3 million in 2013; $— million in 2012).

              (2) Excludes interest expense included in the segment results ($6 million in 2013; $3 million in 2012).

 

 

(Stated in millions)

 

 

Nine Months 2013

 

 

Nine Months 2012

 

 

Revenue

 

 

Income
before
taxes

 

 

Revenue

 

 

Income
before
taxes

 

Oilfield Services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reservoir Characterization             

$

  8,996

 

 

$

  2,616

 

 

$

  8,066

 

 

$

  2,183

 

Drilling             

 

  12,820

 

 

 

  2,429

 

 

 

  11,772

 

 

 

  2,102

 

Production             

 

  11,708

 

 

 

  1,888

 

 

 

  10,896

 

 

 

  1,746

 

Eliminations & other             

 

(164

)

 

 

(193

)

 

 

(86

)

 

 

(26

)

 

 

  33,360

 

 

 

  6,740

 

 

 

  30,648

 

 

 

  6,005

 

Corporate & other             

 

 

 

 

(529

)

 

 

 

 

 

(516

)

Interest income (1)             

 

 

 

 

  15

 

 

 

 

 

 

  24

 

Interest expense (2)             

 

 

 

 

(277

)

 

 

 

 

 

(241

)

Charges and credits (see Note 2)             

 

 

 

 

  572

 

 

 

 

 

 

(68

)

 

$

  33,360

 

 

$

  6,521

 

 

$

  30,648

 

 

$

  5,204

 

              (1) Excludes interest income included in the segment results ($5 million in 2013; $— million in 2012).

              (2) Excludes interest expense included in the segment results ($17 million in 2013; $5 million in 2012).