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Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

					(Stated in millions)

	Second Quarter 2019								Second Quarter 2018
					Income								Income
					Before								Before
	Revenue				Taxes				Revenue				Taxes
Reservoir Characterization	$	1,649			$	326			$	1,640			$	350
Drilling		2,421				300				2,234				289
Production		3,077				235				3,253				316
Cameron		1,237				156				1,295				166
Eliminations & other		(115	)			(49	)			(119	)			(27	)
Pretax segment operating income						968								1,094
Corporate & other ⁽¹⁾						(238	)							(239	)
Interest income ⁽²⁾						9								11
Interest expense ⁽³⁾						(146	)							(135	)
Charges and credits ⁽⁴⁾						-								(184	)
	$	8,269			$	593			$	8,303			$	547

⁽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 ($2 million in 2019; $1 million in 2018).

⁽³⁾	^{Interest expense excludes amounts which are included in the segments’ income ($10 million in 2019; $9 million in 2018).}

⁽⁴⁾	^{See Note 2 – Charges and Credits.}

					(Stated in millions)

	Six Months 2019								Six Months 2018
					Income								Income
					Before								Before
	Revenue				Taxes				Revenue				Taxes
Reservoir Characterization	$	3,192			$	619			$	3,199			$	656
Drilling		4,808				608				4,360				582
Production		5,967				453				6,209				533
Cameron		2,412				292				2,605				332
Eliminations & other		(230	)			(96	)			(242	)			(35	)
Pretax segment operating income						1,876								2,068
Corporate & other ⁽¹⁾						(511	)							(464	)
Interest income ⁽²⁾						18								36
Interest expense ⁽³⁾						(282	)							(266	)
Charges and credits ⁽⁴⁾						-								(184	)
	$	16,149			$	1,101			$	16,131			$	1,190

⁽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 ($5 million in 2019; $4 million in 2018).

⁽³⁾	^{Interest expense excludes amounts which are included in the segments’ income ($20 million in 2019; $21 million in 2018).}

⁽⁴⁾	^{See Note 2 – Charges and Credits.}

Revenue by Geographic Area

Revenue by geographic area was as follows:

									(Stated in millions)

	Second Quarter								Six Months
	2019				2018				2019				2018
North America	$	2,801			$	3,139			$	5,539			$	5,974
Latin America		1,115				919				2,107				1,790
Europe/CIS/Africa		1,896				1,784				3,602				3,496
Middle East & Asia		2,452				2,362				4,790				4,662
Eliminations & other		5				99				111				209
	$	8,269			$	8,303			$	16,149			$	16,131

Summary of North America and International Revenue Disaggregated by Segment

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

									(Stated in millions)

	Second Quarter 2019
	North								Eliminations
	America				International				& other				Total
Reservoir Characterization	$	242			$	1,316			$	91			$	1,649
Drilling		553				1,819				49				2,421
Production		1,419				1,657				1				3,077
Cameron		558				702				(23	)			1,237
Other		29				(31	)			(113	)			(115	)
	$	2,801			$	5,463			$	5			$	8,269


	Second Quarter 2018
	North								Eliminations
	America				International				& other				Total
Reservoir Characterization	$	269			$	1,237			$	134			$	1,640
Drilling		568				1,612				54				2,234
Production		1,695				1,556				2				3,253
Cameron		593				678				24				1,295
Other		14				(18	)			(115	)			(119	)
	$	3,139			$	5,065			$	99			$	8,303

					(Stated in millions)

	Six Months 2019
	North								Eliminations
	America				International				& other				Total
Reservoir Characterization	$	458			$	2,568			$	166			$	3,192
Drilling		1,130				3,574				104				4,808
Production		2,792				3,173				2				5,967
Cameron		1,118				1,269				25				2,412
Other		41				(85	)			(186	)			(230	)
	$	5,539			$	10,499			$	111			$	16,149


	Six Months 2018
	North								Eliminations
	America				International				& other				Total
Reservoir Characterization	$	491			$	2,436			$	272			$	3,199
Drilling		1,132				3,125				103				4,360
Production		3,195				3,011				3				6,209
Cameron		1,144				1,413				48				2,605
Other		12				(37	)			(217	)			(242	)
	$	5,974			$	9,948			$	209			$	16,131