$SLB
SCHLUMBERGER LTD /NV/
CIK:0000087347|SEC Filings
CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Revenue | ||||
| Total Revenue | $ 8,972 | $ 8,546 | $ 17,693 | $ 17,035 |
| Interest & other income | 76 | 252 | 119 | 330 |
| Expenses | ||||
| Research & engineering | 171 | 180 | 335 | 352 |
| General & administrative | 84 | 87 | 181 | 184 |
| Restructuring & other | 135 | 293 | ||
| Merger & integration | 69 | 35 | 110 | 84 |
| Interest | 128 | 142 | 244 | 289 |
| Income before taxes | 1,019 | 1,285 | 1,975 | 2,348 |
| Tax expense | 204 | 237 | 399 | 471 |
| Net income | 815 | 1,048 | 1,576 | 1,877 |
| Net income attributable to noncontrolling interests | 29 | 34 | 38 | 66 |
| Net income attributable to SLB | $ 786 | $ 1,014 | $ 1,538 | $ 1,811 |
| Basic income per share of SLB | $ 0.53 | $ 0.75 | $ 1.03 | $ 1.33 |
| Diluted income per share of SLB | $ 0.52 | $ 0.74 | $ 1.02 | $ 1.32 |
| Average shares outstanding: | ||||
| Basic | 1,490 | 1,352 | 1,494 | 1,359 |
| Assuming dilution | 1,506 | 1,366 | 1,511 | 1,373 |
| Services | ||||
| Revenue | ||||
| Total Revenue | $ 5,200 | $ 5,327 | $ 10,119 | $ 10,692 |
| Expenses | ||||
| Cost of services and sales | 4,340 | 4,227 | 8,389 | 8,480 |
| Product | ||||
| Revenue | ||||
| Total Revenue | 3,772 | 3,219 | 7,574 | 6,343 |
| Expenses | ||||
| Cost of services and sales | $ 3,237 | $ 2,707 | $ 6,578 | $ 5,335 |
CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current Assets | ||
| Cash | $ 2,743 | $ 3,036 |
| Short-term investments | 1,328 | 1,176 |
| Receivables less allowance for doubtful accounts (2026 - $322; 2025 - $335) | 9,132 | 8,689 |
| Inventories | 5,436 | 5,032 |
| Other current assets | 1,605 | 1,580 |
| Current assets total | 20,244 | 19,513 |
| Investments in Affiliated Companies | 1,691 | 1,783 |
| Fixed Assets less accumulated depreciation | 7,745 | 7,894 |
| Goodwill | 17,001 | 16,794 |
| Intangible Assets | 4,876 | 4,988 |
| Other Assets | 3,975 | 3,896 |
| Total Assets | 55,532 | 54,868 |
| Current Liabilities | ||
| Accounts payable and accrued liabilities | 11,210 | 11,490 |
| Estimated liability for taxes on income | 742 | 894 |
| Short-term borrowings and current portion of long-term debt | 1,658 | 1,894 |
| Dividends payable | 456 | 443 |
| Current Liabilities Total | 14,066 | 14,721 |
| Long-term Debt | 11,140 | 9,742 |
| Postretirement Benefits | 475 | 479 |
| Deferred Taxes | 669 | 644 |
| Other Liabilities | 1,928 | 1,991 |
| Total Liabilities | 28,278 | 27,577 |
| Equity | ||
| Common stock | 16,260 | 16,354 |
| Treasury stock | (4,253) | (3,576) |
| Retained earnings | 18,710 | 18,067 |
| Accumulated other comprehensive loss | (4,643) | (4,736) |
| SLB stockholders' equity | 26,074 | 26,109 |
| Noncontrolling interests | 1,180 | 1,182 |
| Total equity | 27,254 | 27,291 |
| Liabilities and stockholders equity | $ 55,532 | $ 54,868 |