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Charges and Credits (Tables)
12 Months Ended
Dec. 31, 2014
Restructuring And Related Activities [Abstract]  
Summary of the Charges

The following is a summary of these charges:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

Pretax

 

 

Tax

 

  

Net

 

 

Classification

WesternGeco restructuring

$

806

 

 

$

25

  

  

$

781

 

 

Impairments & other

Currency devaluation loss in Venezuela

 

472

 

 

 

 

 

 

472

 

 

Impairments & other

Workforce reduction

 

296

  

 

 

37

  

  

 

259

  

 

Impairments & other

Impairment of SPM project

 

199

  

 

 

72

  

  

 

127

  

 

Impairments & other

 

$

1,773

 

 

$

134

  

  

$

1,639

 

 

 

 

The following is a summary of these charges and credits:

 

(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

  

 

Impairments & other

Provision for accounts receivable

 

152

 

 

 

30

 

 

 

122

 

 

Cost of revenue

Currency devaluation loss in Venezuela

 

92

  

 

 

— 

  

  

 

92

  

 

Impairments & other

 

$

(420

)

 

$

49

  

  

$

(469

)

 

 

 

The following is a summary of these charges:

  

(Stated in millions)

 

  

 

 

 

 

 

 

 

Pretax

 

  

Tax

 

  

Net

 

  

Classification

Merger and integration-related costs

$

128

  

  

$

16

  

  

$

112

  

  

Merger & integration

Workforce reduction

 

33

  

  

 

6

  

  

 

27

  

  

Impairments & other

 

$

161

  

  

$

22

  

  

$

139