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Charges and Credits (Tables)
 6 Months Ended
Jun. 30, 2014
Summary of the Charges

The following is a summary of the charges recorded during the first six months of 2013:

 

 

(Stated in millions)

 

 

 

 

 

 

Pretax

 

 

Tax

 

 

Net

 

 

Classification

 

 

Gain on formation of OneSubsea joint venture

$

(1,028

)

 

$

—

 

 

$

(1,028

)

 

Gain on formation of OneSubsea

 

 

Impairment of equity-method investments

 

364

 

 

 

19

 

 

 

345

 

 

Impairment & other

 

 

Currency devaluation loss in Venezuela

 

92

 

 

$

—

 

 

 

92

 

 

Impairment & other

 

 

 

$

(572

)

 

$

19

 

 

$

(591

)