(Stated in millions)
2010
Revenue
Income
before
taxes Assets
Depn. &
Amortn.
Capital
Expenditures
OILFIELD SERVICES
Reservoir Characterization
$ 9,321 $2,321 $ 7,338 $1,246
$ 885
Drilling
8,230 1,334
8,490
756
968
Reservoir Production
9,053 1,368
6,119
536
824
Eliminations & other
(1)
69
48
1,801
142
234
26,673 5,071 23,748 2,680
2,911
DISTRIBUTION
774
29
780
2
2
Goodwill and intangible assets
19,114
All other assets
1,580
Corporate
(2)
(405)
6,545
77
1
Interest income
(3)
43
Interest expense
(4)
(202)
Charges & credits
(5)
620
$27,447 $5,156 $51,767 $2,759
$2,914
(Stated in millions)
2009
Revenue
Income
before
taxes Assets
Depn. &
Amortn.
Capital
Expenditures
OILFIELD SERVICES
Reservoir Characterization
$ 9,502 $2,559 $ 7,090 $1,221
$1,085
Drilling
5,881 1,245
3,628
620
470
Reservoir Production
7,282
780
5,006
503
632
Eliminations & other
(1)
37
51
2,117
121
203
22,702 4,635 17,841 2,465
2,390
Goodwill and intangible assets
6,091
All other assets
1,873
Corporate
(2)
(327)
7,660
11
5
Interest income
(3)
52
Interest expense
(4)
(188)
Charges & credits
(5)
(238)
$22,702 $3,934 $33,465 $2,476
$2,395
(1) Includes certain headquarter administrative costs which are not allocated to the segments, and certain other
operations and other cost and income items maintained at the Oilfield Services level.
(2) Comprised principally of corporate expenses not allocated to the segments, interest on postretirement medical
benefits, stock-based compensation costs, amortization expense associated with intangible assets recorded as a
result of the acquisition of Smith and certain other nonoperating items. Corporate assets consist of cash, short-
term investments, fixed income investments, held to maturity and investments in affiliates.
(3) Interest income excludes amounts which are included in the segments’ income (2011—$3 million: 2010—$7
million; 2009—$10 million).
(4) Interest expense excludes amounts which are included in the segments’ income (2011—$8 million; 2010—$5
million; 2009—$33 million).
(5) See Note 3 –
Charges and Credits
.
Segment assets consist of receivables, inventories, fixed assets and multiclient seismic data.
Depreciation & Amortization includes multiclient seismic data costs.
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