National Oilwell Varco 2015 Annual Report Download - page 34

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Table of Contents
We own or lease approximately 300 repair and manufacturing facilities that refurbish and manufacture new equipment and parts, 400 service centers that
provide inspection and equipment rental and 135 engineering, sales and administration facilities.
 
We have various claims, lawsuits and administrative proceedings that are pending or threatened, all arising in the ordinary course of business, with respect to
commercial, product liability and employee matters. Although no assurance can be given with respect to the outcome of these or any other pending legal and
administrative proceedings and the effect such outcomes may have, we believe any ultimate liability resulting from the outcome of such claims, lawsuits or
administrative proceedings will not have a material adverse effect on our consolidated financial position, results of operations or cash flows. See Note 12 to
the Consolidated Financial Statements.
 
Information regarding mine safety and other regulatory actions at our mines is included in Exhibit 95 to this Form 10-K.
33