v3.26.1
Business Segment and Geographic Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Revenue:          
Revenue $ 5,714 $ 5,510 $ 11,116 $ 10,927  
Operating income (loss):          
Total operating income 778 727 1,457 1,158  
Corporate and other (83) (66) (152) [1] (132) [1]  
SAP S4 Upgrade Expense (46) (32) (88) (62)  
Impairments and other (charges) credits 95 0 95 [2] (356) [2]  
Interest expense, net of interest income (83) (92) (165) (178)  
Other, net (31) (24) (59) (63)  
Income (loss) from continuing operations before income taxes 664 611 1,233 917  
Capital expenditures 235 354 427 656  
Operating Expenses [Abstract]          
Depreciation, Depletion and Amortization 296 284 591 561  
Assets          
Assets 25,828   25,828   $ 25,010
Property, Plant and Equipment [Abstract]          
Property, Plant and Equipment, Net 5,173   5,173   5,261
Total operations          
Operating income (loss):          
Total operating income 812 825 1,602 1,708  
Completion and Production          
Revenue:          
Revenue 3,202 3,171 6,218 6,291  
Operating income (loss):          
Total operating income 474 513 913 1,044  
Impairments and other (charges) credits 83 0 83 (201)  
Capital expenditures 146 205 255 383  
Operating Expenses [Abstract]          
Cost, Direct Material 1,372 1,319 2,643 2,619  
Cost, Direct Labor 471 483 950 957  
Depreciation, Depletion and Amortization 162 154 325 306  
Other Cost of Operating Revenue 723 702 1,387 1,365  
Operating Expenses, Total 2,728 2,658 5,305 5,247  
Assets          
Assets 10,839   10,839   10,492
Drilling and Evaluation          
Revenue:          
Revenue 2,512 2,339 4,898 4,636  
Operating income (loss):          
Total operating income 338 312 689 664  
Impairments and other (charges) credits 16 0 16 (85)  
Capital expenditures 88 149 171 273  
Operating Expenses [Abstract]          
Cost, Direct Material 1,028 922 1,941 1,804  
Cost, Direct Labor 505 479 992 946  
Depreciation, Depletion and Amortization 126 124 252 245  
Other Cost of Operating Revenue 515 502 1,024 977  
Operating Expenses, Total 2,174 2,027 4,209 3,972  
Assets          
Assets 8,398   8,398   7,870
Corporate and Other          
Operating income (loss):          
Impairments and other (charges) credits (4) 0 (4) (70)  
Capital expenditures 1 0 1 0  
Operating Expenses [Abstract]          
Depreciation, Depletion and Amortization 8 6 14 10  
Assets          
Assets 6,591   6,591   $ 6,648
North America [Member]          
Revenue:          
Revenue 2,276 2,259 4,412 4,495  
Latin America [Member]          
Revenue:          
Revenue 1,123 977 2,213 1,873  
Europe/Africa/CIS [Member]          
Revenue:          
Revenue 1,017 820 1,875 1,595  
Middle East/Asia [Member]          
Revenue:          
Revenue $ 1,298 $ 1,454 $ 2,616 $ 2,964  
[1]
Includes certain expenses not attributable to a business segment, such as costs related to support functions, corporate executives, and operating
lease assets, and includes amortization expense associated with intangible assets recorded as a result of acquisitions.
[2]
For the three and six months ended June 30, 2026, the amount includes an $83 million credit attributable to Completion and Production, a $16
million credit attributable to Drilling and Evaluation, and a $4 million charge attributable to Corporate and other. For the six months ended
June 30, 2025, the amount includes a $201 million charge attributable to Completion and Production, an $85 million charge attributable to
Drilling and Evaluation, and a $70 million charge attributable to Corporate and other. See Notes to Condensed Consolidated Financial Statements,
Note 2 for further discussion on impairments and other charges (credits).