Segment Information (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Segment Reporting Information, by Segment

				(Stated in millions)

	First Quarter 2018						First Quarter 2017
				Income						Income
				Before						Before
	Revenue			Taxes			Revenue			Taxes
Reservoir Characterization	$	1,556		$	307		$	1,618		$	281
Drilling		2,126			293			1,985			229
Production		2,959			216			2,187			110
Cameron		1,310			166			1,229			162
Eliminations & other		(122	)		(8	)		(125	)		(25	)
Pretax operating income					974						757
Corporate & other ⁽¹⁾					(225	)					(239	)
Interest income ⁽²⁾					25						24
Interest expense ⁽³⁾					(131	)					(126	)
Charges and credits ⁽⁴⁾					-						(82	)
	$	7,829		$	643		$	6,894		$	334

⁽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.

⁽²⁾ Interest income excludes amounts which are included in the segments’ income ($3 million in 2018; $5 million in 2017).

⁽³⁾ Interest expense excludes amounts which are included in the segments’ income ($12 million in 2018; $13 million in 2017).

⁽⁴⁾ See Note 2 – Charges and Credits.

Revenue by Geographic Area

Revenue by geographic area was as follows:

			(Stated in millions)

	First Quarter
	2018		2017
North America	$	2,835	$	1,871
Latin America		870		952
Europe/CIS/Africa		1,704		1,652
Middle East & Asia		2,309		2,318
Eliminations & other		111		101
	$	7,829	$	6,894

Summary of North America and International Revenue Disaggregated by Group

North America and International revenue disaggregated by Group was as follows:

							(Stated in millions)

	First Quarter 2018
	North						Eliminations
	America			International			& other			Total
Reservoir Characterization	$	222		$	1,197		$	137		$	1,556
Drilling		564			1,513			49			2,126
Production		1,500			1,458			1			2,959
Cameron		550			736			24			1,310
Other		(1	)		(21	)		(100	)		(122	)
	$	2,835		$	4,883		$	111		$	7,829


	First Quarter 2017
	North						Eliminations
	America			International			& other			Total
Reservoir Characterization	$	231		$	1,267		$	120		$	1,618
Drilling		455			1,468			62			1,985
Production		739			1,451			(3	)		2,187
Cameron		444			792			(7	)		1,229
Other		2			(56	)		(71	)		(125	)
	$	1,871		$	4,922		$	101		$	6,894