XML 59 R43.htm IDEA: XBRL DOCUMENT v3.3.1.900
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment

Financial information for the years ended December 31, 2015, 2014 and 2013, by segment, is as follows:

 

 

 

 

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

 

 

 

 

 

 

 

 

Income

 

 

 

 

 

 

and

 

 

Capital

 

 

Revenue

 

 

before taxes

 

 

Assets

 

 

Amortization

 

 

Expenditures

 

Reservoir Characterization......................

$

9,501

 

 

$

2,450

 

 

$

8,266

 

 

$

1,279

 

 

$

649

 

Drilling..................................

 

13,563

 

 

 

2,538

 

 

 

8,535

 

 

 

1,177

 

 

 

672

 

Production................................

 

12,548

 

 

 

1,585

 

 

 

9,937

 

 

 

1,216

 

 

 

825

 

Eliminations & other.........................

 

(137

)

 

 

(63

)

 

 

2,067

 

 

 

213

 

 

 

264

 

Pretax operating income.....................

 

 

 

 

 

6,510

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill and intangible assets...................

 

 

 

 

 

 

 

 

 

20,174

 

 

 

 

 

 

 

 

 

All other assets.............................

 

 

 

 

 

 

 

 

 

2,262

 

 

 

 

 

 

 

 

 

Corporate & other (1).........................

 

 

 

 

 

(768

)

 

 

16,764

 

 

 

193

 

 

 

 

 

Interest income (2)...........................

 

 

 

 

 

30

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense (3)..........................

 

 

 

 

 

(316

)

 

 

 

 

 

 

 

 

 

 

 

 

Charges & credits (4).........................

 

 

 

 

 

(2,575

)

 

 

 

 

 

 

 

 

 

 

 

 

 

$

35,475

 

 

$

2,881

 

 

$

68,005

 

 

$

4,078

 

 

$

2,410

 

 

 

 

 

 

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

 

 

 

 

 

 

 

 

Income

 

 

 

 

 

 

and

 

 

Capital

 

 

Revenue

 

 

before taxes

 

 

Assets

 

 

Amortization

 

 

Expenditures

 

Reservoir Characterization......................

$

12,905

 

 

$

3,708

 

 

$

9,191

 

 

$

1,459

 

 

$

1,207

 

Drilling..................................

 

18,128

 

 

 

3,805

 

 

 

11,155

 

 

 

1,173

 

 

 

1,328

 

Production................................

 

17,763

 

 

 

3,193

 

 

 

11,481

 

 

 

1,066

 

 

 

1,192

 

Eliminations & other..........................

 

(216

)

 

 

(130

)

 

 

1,572

 

 

 

198

 

 

 

249

 

Pretax operating income.....................

 

 

 

 

 

10,576

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill and intangible assets...................

 

 

 

 

 

 

 

 

 

20,141

 

 

 

 

 

 

 

 

 

All other assets.............................

 

 

 

 

 

 

 

 

 

2,186

 

 

 

 

 

 

 

 

 

Corporate & other (1).........................

 

 

 

 

 

(848

)

 

 

11,178

 

 

 

198

 

 

 

 

 

Interest income (2)...........................

 

 

 

 

 

31

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense (3)..........................

 

 

 

 

 

(347

)

 

 

 

 

 

 

 

 

 

 

 

 

Charges & credits (4).........................

 

 

 

 

 

(1,773

)

 

 

 

 

 

 

 

 

 

 

 

 

 

$

48,580

 

 

$

7,639

 

 

$

66,904

 

 

$

4,094

 

 

$

3,976

 

 

 

 

 

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

 

 

 

 

 

 

 

 

Income

 

 

 

 

 

 

and

 

 

Capital

 

 

Revenue

 

 

before taxes

 

 

Assets

 

 

Amortization

 

 

Expenditures

 

Reservoir Characterization......................

$

13,050

 

 

$

3,711

 

 

$

9,316

 

 

$

1,402

 

 

$

1,361

 

Drilling..................................

 

16,792

 

 

 

3,238

 

 

 

10,440

 

 

 

1,076

 

 

 

1,289

 

Production................................

 

15,646

 

 

 

2,624

 

 

 

10,929

 

 

 

1,001

 

 

 

1,126

 

Eliminations & other.........................

 

(222

)

 

 

(229

)

 

 

2,332

 

 

 

192

 

 

 

167

 

Pretax operating income.....................

 

 

 

 

 

9,344

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill and intangible assets...................

 

 

 

 

 

 

 

 

 

19,415

 

 

 

 

 

 

 

 

 

All other assets.............................

 

 

 

 

 

 

 

 

 

2,618

 

 

 

 

 

 

 

 

 

Corporate & other (1).........................

 

 

 

 

 

(726

)

 

 

12,050

 

 

 

208

 

 

 

 

 

Interest income (2)...........................

 

 

 

 

 

22

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense (3)..........................

 

 

 

 

 

(369

)

 

 

 

 

 

 

 

 

 

 

 

 

Charges & credits (4).........................

 

 

 

 

 

420

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

45,266

 

 

$

8,691

 

 

$

67,100

 

 

$

3,879

 

 

$

3,943

 

 

(1) Comprised principally of certain corporate expenses not allocated to the segments, stock-based compensation costs, amortization expense associated with certain intangible assets, certain centrally managed initiatives and other nonoperating items. Corporate assets consist of cash, short-term investments, fixed income investments, held to maturity and investments in affiliates.

(2)  Interest income excludes amounts which are included in the segments’ income (2015: $22 million; 2014: $20 million; 2013: $11 million).

(3) Interest expense excludes amounts which are included in the segments’ income (2015: $30 million; 2014: $22 million; 2013: $22 million).

(4)  See Note 3 – Charges and Credits.

Revenue by Geographic Area

Revenue by geographic area for the years ended December 31, 2015, 2014 and 2013 is as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

2014

 

 

2013

 

North America.........................................

$

9,811

 

 

$

16,151

 

 

$

13,897

 

Latin America..........................................

 

6,014

 

 

 

7,699

 

 

 

7,754

 

Europe/CIS/Africa.......................................

 

9,284

 

 

 

12,515

 

 

 

12,411

 

Middle East & Asia......................................

 

9,898

 

 

 

11,875

 

 

 

10,767

 

Eliminations & other.....................................

 

468

 

 

 

340

 

 

 

437

 

 

$

35,475

 

 

$

48,580

 

 

$

45,266

 

 

Fixed Assets Less Accumulated Depreciation by Geographic Area

Fixed Assets less accumulated depreciation by geographic area are as follows:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

2014

 

 

2013

 

North America.........................................

$

4,392

 

 

$

4,885

 

 

$

4,858

 

Latin America..........................................

 

1,728

 

 

 

1,969

 

 

 

1,889

 

Europe/CIS/Africa.......................................

 

2,978

 

 

 

3,640

 

 

 

3,452

 

Middle East & Asia......................................

 

3,078

 

 

 

3,446

 

 

 

2,991

 

Unallocated (1).........................................

 

1,239

 

 

 

1,456

 

 

 

1,906

 

 

$

13,415

 

 

$

15,396

 

 

$

15,096

 

 

(1) Represents seismic vessels, including the related on-board equipment, which frequently transition between geographic areas.