Segment Information

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Information

12.   Segment Information

				(Stated in millions)
	First Quarter 2017						First Quarter 2016
				Income						Income
				Before						Before
	Revenue			Taxes			Revenue			Taxes
Reservoir Characterization	$	1,618		$	281		$	1,719		$	334
Drilling		1,985			229			2,493			371
Production		2,187			110			2,376			206
Cameron		1,229			162			-			-
Eliminations & other		(125	)		(25	)		(68	)		(10	)
Pretax operating income					757						901
Corporate & other (1)					(239	)					(172	)
Interest income (2)					24						13
Interest expense (3)					(126	)					(120	)
Charges and credits (4)					(82	)					-
	$	6,894		$	334		$	6,520		$	622

⁽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.  The first quarter of 2017 includes $63 million of intangible asset amortization expense resulting from the April 2016 acquisition of Cameron.

⁽²⁾  Interest income excludes amounts which are included in the segments’ income ($5 million in 2017; $6 million in 2016).

⁽³⁾   Interest expense excludes amounts which are included in the segments’ income ($13 million in 2017; $13 million in 2016).

⁽⁴⁾   See Note 2 – Charges and Credits.

Certain prior period items have been reclassified to conform to the current period presentation.