Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of Segment Reporting Information, by Segment

							(Stated in millions)

	First Quarter 2014						First Quarter 2013
	Revenue			Income before taxes			Revenue			Income before taxes
Oilfield Services
Reservoir Characterization	$	2,852		$	779		$	2,801		$	729
Drilling		4,331			881			4,062			725
Production		4,116			737			3,759			555
Eliminations & other		(60	)		(29	)		(52	)		(44	)
		11,239			2,368			10,570			1,965
Corporate & other ⁽¹⁾		-			(201	)		-			(169	)
Interest income ⁽²⁾		-			7			-			6
Interest expense ⁽³⁾		-			(97	)		-			(93	)
Charges and credits ⁽⁴⁾		-			-			-			(92	)
	$	11,239		$	2,077		$	10,570		$	1,617

⁽¹⁾ Comprised principally of certain corporate expenses not allocated to the segments, interest on postretirement medical benefits, stock-based compensation costs, amortization expense associated with certain intangible and other nonoperating items.

⁽²⁾ Interest income excludes amounts which are included in the segments’ income ($5 million in 2014; $— million in 2013).

⁽³⁾ Interest expense excludes amounts which are included in the segments’ income ($6 million in 2014; $5 million in 2013).

⁽⁴⁾ See Note 2 – Charges and Credits.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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