Baker Hughes 2014 Annual Report Download - page 85

Download and view the complete annual report

Please find page 85 of the 2014 Baker Hughes annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 122

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122

Baker Hughes Incorporated
Notes to Consolidated Financial Statements
60
The following table presents total assets by segment at December 31:
2014 2013 2012
Segments Assets Assets Assets
North America $ 9,782 $ 9,672 $ 9,533
Latin America 2,508 2,709 2,740
Europe/Africa/Russia Caspian 4,106 4,098 3,767
Middle East/Asia Pacific 4,029 3,705 3,387
Industrial Services 1,260 980 978
Shared assets 5,423 5,110 5,044
Total Operations 27,108 26,274 25,449
Corporate and other 1,719 1,660 1,240
Total $ 28,827 $ 27,934 $ 26,689
Shared assets consist primarily of the assets carried at the enterprise level and include our supply chain,
product line technology and information technology organizations. These assets are used to support our operating
segments and consist primarily of manufacturing inventory, property, plant and equipment used in manufacturing
and information technology, intangible assets related to technology, and certain deferred tax assets. All costs and
expenses from these organizations, including depreciation and amortization, are allocated to our operating
segments as these enterprise organizations support our global operations. Corporate assets include cash, certain
facilities, and certain other noncurrent assets.
The following table presents capital expenditures and depreciation and amortization by segment for the years
ended December 31:
2014 2013 2012
Segments Capital
Expenditures
Depreciation
and
Amortization Capital
Expenditures
Depreciation
and
Amortization Capital
Expenditures
Depreciation
and
Amortization
North America $ 465 $ 842 $ 718 $ 814 $ 1,333 $ 750
Latin America 171 220 198 235 222 225
Europe/Africa/Russia Caspian 373 351 429 302 371 267
Middle East/Asia Pacific 385 321 365 268 319 224
Industrial Services 46 70 53 58 40 55
Shared assets 342 —262 — 604 —
Total Operations 1,782 1,804 2,025 1,677 2,889 1,521
Corporate and other 9 10 60 21 21 47
Total $1,791 $1,814 $ 2,085 $ 1,698 $ 2,910 $ 1,568