Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

				(Stated in millions)
	Second Quarter 2020						Second Quarter 2019
				Income (Loss)						Income (Loss)
				Before						Before
	Revenue			Taxes			Revenue			Taxes
Reservoir Characterization	$	1,052		$	185		$	1,558		$	317
Drilling		1,731			165			2,420			301
Production		1,615			25			3,077			235
Cameron		1,015			80			1,328			165
Eliminations & other		(57	)		(59	)		(114	)		(50	)
					396						968
Corporate & other (1)					(169	)					(238	)
Interest income (2)					7						9
Interest expense (3)					(137	)					(146	)
Charges and credits (4)					(3,724	)					-
	$	5,356		$	(3,627	)	$	8,269		$	593

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

⁽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 ($- million in 2020; $2 million in 2019).

^{(3) Interest expense excludes amounts which are included in the segments’ income ($7 million in 2020; $10 million in 2019).}

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

				(Stated in millions)
	Six Months 2020						Six Months 2019
				Income (Loss)						Income (Loss)
				Before						Before
	Revenue			Taxes			Revenue			Taxes
Reservoir Characterization	$	2,363		$	369		$	3,017		$	598
Drilling		4,020			450			4,806			608
Production		4,318			237			5,967			453
Cameron		2,270			201			2,586			313
Eliminations & other		(160	)		(85	)		(227	)		(96	)
					1,172						1,876
Corporate & other (1)					(397	)					(511	)
Interest income (2)					22						18
Interest expense (3)					(266	)					(282	)
Charges and credits (4)					(12,247	)					-
	$	12,811		$	(11,716	)	$	16,149		$	1,101

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

⁽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 ($1 million in 2020; $5 million in 2019).

^{(3) Interest expense excludes amounts which are included in the segments’ income ($15 million in 2020; $20 million in 2019).}

^{(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
	2020		2019		2020		2019
North America	$	1,183	$	2,801	$	3,463	$	5,539
Latin America		543		1,115		1,488		2,107
Europe/CIS/Africa		1,449		1,896		3,200		3,602
Middle East & Asia		2,146		2,452		4,572		4,790
Eliminations & other		35		5		88		111
	$	5,356	$	8,269	$	12,811	$	16,149

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 2020
	North						Eliminations
	America			International			& other			Total
Reservoir Characterization	$	165		$	880		$	7		$	1,052
Drilling		269			1,417			45			1,731
Production		408			1,205			2			1,615
Cameron		341			676			(2	)		1,015
Other		-			(40	)		(17	)		(57	)
	$	1,183		$	4,138		$	35		$	5,356
	Second Quarter 2019
	North						Eliminations
	America			International			& other			Total
Reservoir Characterization	$	242		$	1,312		$	4		$	1,558
Drilling		552			1,819			49			2,420
Production		1,419			1,657			1			3,077
Cameron		600			754			(26	)		1,328
Other		(12	)		(79	)		(23	)		(114	)
	$	2,801		$	5,463		$	5		$	8,269

				(Stated in millions)
	Six Months 2020
	North						Eliminations
	America			International			& other			Total
Reservoir Characterization	$	365		$	1,988		$	10		$	2,363
Drilling		792			3,139			89			4,020
Production		1,475			2,842			1			4,318
Cameron		847			1,402			21			2,270
Other		(16	)		(111	)		(33	)		(160	)
	$	3,463		$	9,260		$	88		$	12,811
	Six Months 2019
	North						Eliminations
	America			International			& other			Total
Reservoir Characterization	$	458		$	2,552		$	7		$	3,017
Drilling		1,128			3,574			104			4,806
Production		2,792			3,173			2			5,967
Cameron		1,182			1,375			29			2,586
Other		(21	)		(175	)		(31	)		(227	)
	$	5,539		$	10,499		$	111		$	16,149