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Baker Hughes Incorporated65
Baker Hughes Incorporated
Notes to Consolidated Financial Statements
segment or were allocated among the geographical regions within oilfield operations. Accordingly, all prior period
segment disclosures related to assets and capital expenditures have been revised to reflect this change.
The following table presents total assets by segment at December 31:
2013 2012 2011
Segments Assets Assets Assets
North America $ 9,672 $ 9,533 $ 9,168
Latin America 2,709 2,740 2,539
Europe/Africa/Russia Caspian 3,969 3,617 3,552
Middle East/Asia Pacific 3,834 3,537 3,173
Industrial Services 980 978 947
Shared assets 5,110 5,044 4,557
Total Operations 26,274 25,449 23,936
Corporate and other 1,660 1,240 911
Total $ 27,934 $ 26,689 $ 24,847
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 impact of the changes to previously reported segment assets is
shown in the following table:
Assets
Increase/(decrease)
Segments 2012 2011
North America $ (643) $ (641)
Latin America (158) (191)
Europe/Africa/Russia Caspian (279) (296)
Middle East/Asia Pacific (148) (148)
Industrial Services (3,814) (3,280)
Shared assets 5,044 4,557
Total Operations 2 1
Corporate and other (2) (1)
Total $—$—