2014 Q4 Form 10-K Financial Statement

#000156459015000337 Filed on January 29, 2015

View on sec.gov

Income Statement

Concept 2014 Q4 2013 Q4 2013
Revenue $12.64B $11.91B $45.27B
YoY Change 6.17% 7.43% 8.47%
Cost Of Revenue $9.732B $9.274B $35.33B
YoY Change 4.94% 5.86% 7.44%
Gross Profit $2.909B $2.632B $9.935B
YoY Change 10.52% 13.35% 12.31%
Gross Profit Margin 23.01% 22.11% 21.95%
Selling, General & Admin $122.0M $111.0M $416.0M
YoY Change 9.91% 0.0% 2.72%
% of Gross Profit 4.19% 4.22% 4.19%
Research & Development $324.0M $304.0M $1.174B
YoY Change 6.58% 0.0% 1.82%
% of Gross Profit 11.14% 11.55% 11.82%
Depreciation & Amortization $1.065B $988.0M $3.879B
YoY Change 7.79% 6.24% 10.83%
% of Gross Profit 36.61% 37.54% 39.04%
Operating Expenses $446.0M $415.0M $1.174B
YoY Change 7.47% 0.0% 1.82%
Operating Profit $2.463B $2.217B $9.344B
YoY Change 11.1% 16.26% 21.46%
Interest Expense $26.00M -$47.00M $391.0M
YoY Change -155.32% -20.34% 15.0%
% of Operating Profit 1.06% -2.12% 4.18%
Other Income/Expense, Net
YoY Change
Pretax Income $716.0M $2.170B $8.691B
YoY Change -67.0% 23.65% 24.89%
Income Tax $469.0M $487.0M $1.848B
% Of Pretax Income 65.5% 22.44% 21.26%
Net Earnings $302.0M $1.664B $6.732B
YoY Change -81.85% 22.08% 22.62%
Net Earnings / Revenue 2.39% 13.98% 14.87%
Basic Earnings Per Share $5.09
Diluted Earnings Per Share $234.7K $1.257M $5.05
COMMON SHARES
Basic Shares Outstanding 1.307B 1.323B
Diluted Shares Outstanding 1.333B

Balance Sheet

Concept 2014 Q4 2013 Q4 2013
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.930B $8.370B $8.370B
YoY Change -5.26% 33.41% 33.41%
Cash & Equivalents $3.130B $3.472B
Short-Term Investments $4.800B $4.898B $4.898B
Other Short-Term Assets $1.250B $1.467B $1.755B
YoY Change -14.79% 4.56% 0.52%
Inventory $4.628B $4.603B $4.603B
Prepaid Expenses
Receivables $11.17B $11.50B $11.50B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $24.69B $26.23B $26.23B
YoY Change -5.84% 8.57% 8.57%
LONG-TERM ASSETS
Property, Plant & Equipment $15.40B $15.10B $15.10B
YoY Change 1.99% 2.14% 2.14%
Goodwill $15.49B $14.71B
YoY Change 5.31% 0.83%
Intangibles $4.709B
YoY Change -1.94%
Long-Term Investments $3.677B $3.680B $3.680B
YoY Change -0.08% 110.65% 110.65%
Other Assets $2.203B $2.017B $2.684B
YoY Change 9.22% 110.32% 81.72%
Total Long-Term Assets $42.21B $40.88B $40.88B
YoY Change 3.27% 9.32% 9.32%
TOTAL ASSETS
Total Short-Term Assets $24.69B $26.23B $26.23B
Total Long-Term Assets $42.21B $40.88B $40.88B
Total Assets $66.90B $67.10B $67.10B
YoY Change -0.29% 9.02% 9.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.138B $8.821B $8.821B
YoY Change 3.59% 4.35% 148.48%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.521B $964.0M $0.00
YoY Change 57.78% 0.63% -100.0%
Long-Term Debt Due $1.244B $1.819B $2.783B
YoY Change -31.61% 56.41% 139.29%
Total Short-Term Liabilities $14.18B $13.53B $13.53B
YoY Change 4.81% 9.35% 9.35%
LONG-TERM LIABILITIES
Long-Term Debt $10.57B $10.39B $10.39B
YoY Change 1.65% 9.3% 9.3%
Other Long-Term Liabilities $1.317B $1.169B $1.839B
YoY Change 12.66% 1.65% -44.59%
Total Long-Term Liabilities $11.88B $11.56B $12.23B
YoY Change 2.77% 905.39% -4.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.18B $13.53B $13.53B
Total Long-Term Liabilities $11.88B $11.56B $12.23B
Total Liabilities $28.86B $27.47B $27.63B
YoY Change 5.06% 2.91% 3.12%
SHAREHOLDERS EQUITY
Retained Earnings $41.33B $37.97B
YoY Change 8.87% 15.44%
Common Stock $12.50B $12.19B
YoY Change 2.49% 2.35%
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.77B $8.135B
YoY Change 44.71% 32.06%
Treasury Stock Shares $159.0M $127.0M
Shareholders Equity $37.85B $39.47B $39.47B
YoY Change
Total Liabilities & Shareholders Equity $66.90B $67.10B $67.10B
YoY Change -0.29% 9.02% 9.02%

Cashflow Statement

Concept 2014 Q4 2013 Q4 2013
OPERATING ACTIVITIES
Net Income $302.0M $1.664B $6.732B
YoY Change -81.85% 22.08% 22.62%
Depreciation, Depletion And Amortization $1.065B $988.0M $3.879B
YoY Change 7.79% 6.24% 10.83%
Cash From Operating Activities $3.913B $4.119B $9.788B
YoY Change -5.0% 29.69% 49.59%
INVESTING ACTIVITIES
Capital Expenditures -$1.210B -$1.190B $3.943B
YoY Change 1.68% -22.37% -16.0%
Acquisitions
YoY Change
Other Investing Activities -$1.417B -$1.953B -$218.0M
YoY Change -27.44% 21.83% -496.36%
Cash From Investing Activities -$2.627B -$3.143B -$5.977B
YoY Change -16.42% 0.22% -16.67%
FINANCING ACTIVITIES
Cash Dividend Paid $1.608B
YoY Change 12.29%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $3.141B
YoY Change 72.87%
Cash From Financing Activities -1.223B -645.0M -2.199B
YoY Change 89.61% -10850.0% 548.67%
NET CHANGE
Cash From Operating Activities 3.913B 4.119B 9.788B
Cash From Investing Activities -2.627B -3.143B -5.977B
Cash From Financing Activities -1.223B -645.0M -2.199B
Net Change In Cash 63.00M 331.0M 1.612B
YoY Change -80.97% 619.57% -266.36%
FREE CASH FLOW
Cash From Operating Activities $3.913B $4.119B $9.788B
Capital Expenditures -$1.210B -$1.190B $3.943B
Free Cash Flow $5.123B $5.309B $5.845B
YoY Change -3.5% 12.74% 216.12%

Facts In Submission

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<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">1. <font style="text-decoration:underline;">Business Description </font></p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Schlumberger Limited (Schlumberger N.V., incorporated in Cura&#231;ao) and its consolidated subsidiaries (collectively, &#8220;Schlumberger&#8221;) comprise the world&#8217;s leading supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. </p></div>
CY2014 us-gaap Loss Contingency Disclosures
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<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">16. <font style="text-decoration:underline;">Contingencies</font> </p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In 2009, United States officials began a grand jury investigation and an associated regulatory inquiry, both related to certain historical Schlumberger operations in countrieswhere Schlumberger no longer operates that are subject to United States trade and economic sanctions. Governmental agencies and authorities have a broad range of civil and criminal penalties that they may seek to impose for violations of trade and economic sanction laws including, but not limited to, disgorgement, fines, penalties and modifications to business practices. In recent years, these agencies and authorities have obtained a wide range of penalties in settlements with companies arising from trade and economic sanction investigations, including in some cases forfeitures, fines and other penalties in the tens and hundreds of millions of dollars. Schlumberger continues to cooperate and has been discussing the resolution of this matter with the governmental authorities. During the second quarter of 2014, these discussions progressed to a point whereby Schlumberger determined that it was appropriate to increase its liability for this contingency.&#160; Accordingly, Schlumberger recorded a $205 million charge, which is reflected within <font style="font-style:italic;">Loss from discontinued operations</font> in the <font style="font-style:italic;">Consolidated Statement of Income</font>. However, no certainty exists that a settlement will be reached or if so, the amount of any such settlement.&#160; Therefore, the ultimate loss could be greater or less than the amount accrued.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Schlumberger and its subsidiaries are party to various other legal proceedings from time to time. A liability is accrued when a loss is both probable and can be reasonably estimated. Management believes that the probability of a material loss with respect to these other legal proceedings is remote. However, litigation is inherently uncertain and it is not possible to predict the ultimate disposition of any of these proceedings.&nbsp;&nbsp;</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></div>
CY2014 us-gaap Use Of Estimates
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<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. On an ongoing basis, Schlumberger evaluates its estimates, including those related to collectibility of accounts receivable; recoverability of fixed assets, goodwill, intangible assets, Schlumberger Production Management investments and investments in affiliates; income taxes; multiclient seismic data; contingencies and actuarial assumptions for employee benefit plans. Schlumberger bases its estimates on historical experience and other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. </p></div>
CY2014 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Concentration of Credit Risk </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Schlumberger&#8217;s assets that are exposed to concentrations of credit risk consist primarily of cash, short-term investments, fixed income investments held to maturity, receivables from clients and derivative financial instruments. Schlumberger places its cash, short-term investments and fixed income investments held to maturity with financial institutions and corporations, and limits the amount of credit exposure with any one of them. Schlumberger regularly evaluates the creditworthiness of the issuers in which it invests. Accounts receivable are spread over many countries and customers. Schlumberger maintains an allowance for uncollectible accounts receivable based on expected collectibility and performs ongoing credit evaluations of its customers&#8217; financial condition. By using derivative financial instruments to hedge certain exposures, Schlumberger exposes itself to some credit risk. Schlumberger minimizes this credit risk by entering into transactions with high-quality counterparties, limiting the exposure to each counterparty and monitoring the financial condition of its counterparties. </p></div>
CY2014 slb Transaction Gains Losses Net Of Hedging Activities
TransactionGainsLossesNetOfHedgingActivities
-67000000
CY2013 slb Transaction Gains Losses Net Of Hedging Activities
TransactionGainsLossesNetOfHedgingActivities
-24000000
CY2012 slb Transaction Gains Losses Net Of Hedging Activities
TransactionGainsLossesNetOfHedgingActivities
-37000000
CY2013Q4 us-gaap Trading Securities
TradingSecurities
194000000
CY2014Q4 slb Held To Maturity Securities Debt Maturities In Two Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesInTwoYearsNetCarryingAmount
49000000
CY2014Q4 slb Held To Maturity Securities Debt Maturities In Three Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesInThreeYearsNetCarryingAmount
91000000
CY2014Q4 slb Held To Maturity Securities Debt Maturities In Four Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesInFourYearsNetCarryingAmount
298000000
CY2014Q4 slb Held To Maturity Securities Debt Maturities In Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesInFiveYearsNetCarryingAmount
3000000
CY2014Q4 slb Held To Maturity Securities Debt Maturities In Six Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesInSixYearsNetCarryingAmount
1000000
CY2014Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
81000000
CY2013Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
81000000
CY2014Q4 slb Marketable Equity Securities Fair Value
MarketableEquitySecuritiesFairValue
91000000
CY2013Q4 slb Marketable Equity Securities Fair Value
MarketableEquitySecuritiesFairValue
257000000
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5643000000
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5230000000
CY2014 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
9000000
CY2014 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
4000000
CY2013 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
6000000
CY2013 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
4000000
CY2012 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
5000000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
40027000
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
20068000000
CY2013 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
150000000
CY2013 us-gaap Goodwill Other Changes
GoodwillOtherChanges
-72000000
CY2012 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
4000000
CY2014Q4 slb Employee Stock Options To Purchase
EmployeeStockOptionsToPurchase
5000000
CY2013Q4 slb Employee Stock Options To Purchase
EmployeeStockOptionsToPurchase
12000000
CY2012Q4 slb Employee Stock Options To Purchase
EmployeeStockOptionsToPurchase
21000000
CY2014 slb Vessel Termination
VesselTermination
Three previous-generation acquisition vessels with lower towing capacity and higher operating costs will be converted to source vessels, allowing for the termination of two third-party source vessel leases and the retirement of two owned source vessels.
CY2014Q4 slb Pretax Charges In Reduction Of Exploration And Production Costs
PretaxChargesInReductionOfExplorationAndProductionCosts
296000000
CY2014Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
199000000
CY2014 us-gaap Foreign Currency Transactions Description
ForeignCurrencyTransactionsDescription
Going forward, this change will result in a reduction in the US dollar reported amount of local currency denominated revenues, expenses and, consequently, income before taxes and net income. For example, if Schlumberger had applied an exchange rate of 50 Venezuelan Bolivares fuertes to the US dollar throughout 2014, it would have reduced Schlumberger earnings by approximately $0.08 per share.
CY2014 slb Charges Pretax
ChargesPretax
1773000000
CY2014 slb Charges Tax
ChargesTax
134000000
CY2014 slb Charges
Charges
1639000000
CY2013 slb Charges And Credits Pretax
ChargesAndCreditsPretax
-420000000
CY2013 slb Charges And Credits Tax
ChargesAndCreditsTax
49000000
CY2013 slb Charges And Credits
ChargesAndCredits
-469000000
CY2012 slb Charges Pretax
ChargesPretax
161000000
CY2012 slb Charges Tax
ChargesTax
22000000
CY2012 slb Charges
Charges
139000000
CY2014Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
2666000000
CY2013Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
2539000000
CY2014Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
273000000
CY2013Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
261000000
CY2014Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1689000000
CY2013Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1803000000
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
36964000000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
35164000000
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21568000000
CY2014 us-gaap Depreciation
Depreciation
3200000000
CY2013 us-gaap Depreciation
Depreciation
3100000000
CY2012Q4 slb Multiclient Seismic Data
MulticlientSeismicData
518000000
CY2014 slb Multiclient Seismic Data Capitalized In Period
MulticlientSeismicDataCapitalizedInPeriod
321000000
CY2013 slb Multiclient Seismic Data Capitalized In Period
MulticlientSeismicDataCapitalizedInPeriod
394000000
CY2014 slb Multiclient Seismic Data Charged To Cost Of Goods Sold And Services
MulticlientSeismicDataChargedToCostOfGoodsSoldAndServices
195000000
CY2013 slb Multiclient Seismic Data Charged To Cost Of Goods Sold And Services
MulticlientSeismicDataChargedToCostOfGoodsSoldAndServices
245000000
CY2012Q4 us-gaap Goodwill
Goodwill
14585000000
CY2013 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
343000000
CY2014 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
837000000
CY2014 us-gaap Goodwill Other Changes
GoodwillOtherChanges
-56000000
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6299000000
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1645000000
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6305000000
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1596000000
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
344000000
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
330000000
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
331000000
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
349000000
CY2014Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
18542000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
41939000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
42059000
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
76.10
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
338000000
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
329000000
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
319000000
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
307000000
CY2014 us-gaap Subsidiary Of Limited Liability Company Or Limited Partnership Ownership Interest
SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest
1.00
CY2014Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
3900000000
CY2014Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
2300000000
CY2014Q4 slb Weighted Average Interest Rate On Variable Rate Debt
WeightedAverageInterestRateOnVariableRateDebt
0.013
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1600000000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1000000000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1900000000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
900000000
CY2014Q4 slb Long Term Debt Maturities Repayments Of Principal In Year Seven
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearSeven
2700000000
CY2014Q4 slb Long Term Debt Maturities Repayments Of Principal In Year Eight
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearEight
1000000000
CY2014Q4 slb Long Term Debt Maturities Repayments Of Principal In Year Nine
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearNine
1500000000
CY2014Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
10700000000
CY2013Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
10400000000
CY2014Q4 slb Fixed Rate Debt
FixedRateDebt
9000000000
CY2014Q4 slb Variable Rate Debt
VariableRateDebt
4300000000
CY2014Q4 us-gaap Marketable Securities
MarketableSecurities
4800000000
CY2014Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
85
CY2014 slb Percentage Of Revenue Denominated In Domestic Currency
PercentageOfRevenueDenominatedInDomesticCurrency
0.81
CY2014 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
-96000000
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
40000000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
163000000
CY2014Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
255000000
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
17000000
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4500000000
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1307330369
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1275312404
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3557000000
CY2012 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-707000000
CY2012 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-276000000
CY2012Q4 slb Accumulated Other Comprehensive Income Loss Tax
AccumulatedOtherComprehensiveIncomeLossTax
-100000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3888000000
CY2013 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
1261000000
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-375000000
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-2152000000
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-418000000
CY2014Q4 slb Accumulated Other Comprehensive Income Loss Tax
AccumulatedOtherComprehensiveIncomeLossTax
-82000000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1652000000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-331000000
CY2014Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
38583000
CY2014 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P6Y2M12D
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
69.77
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1980000000
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
70.57
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1990000000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1904000000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
6105000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
6570000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
8664000
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
8269000
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5168000
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4171000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1192000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1522000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2461000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
38583000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
70.33
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
67.77
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
63.84
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
99.04
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
72.16
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
72.04
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
64.19
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
51.73
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
39.07
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
73.56
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
67.50
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
76.10
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
459000000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
306000000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
314000000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
176000000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
142000000
CY2014Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
514000000
CY2014 slb Employee Service Share Based Compensation Unrecognized Compensation Costs On Nonvested Awards Expected To Be Recognized In Year One
EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsOnNonvestedAwardsExpectedToBeRecognizedInYearOne
238000000
CY2014 slb Employee Service Share Based Compensation Unrecognized Compensation Costs On Nonvested Awards Expected To Be Recognized In Year Two
EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsOnNonvestedAwardsExpectedToBeRecognizedInYearTwo
152000000
CY2014 slb Employee Service Share Based Compensation Unrecognized Compensation Costs On Nonvested Awards Expected To Be Recognized In Year Three
EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsOnNonvestedAwardsExpectedToBeRecognizedInYearThree
73000000
CY2014 slb Employee Service Share Based Compensation Unrecognized Compensation Costs On Nonvested Awards Expected To Be Recognized In Year Four
EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsOnNonvestedAwardsExpectedToBeRecognizedInYearFour
43000000
CY2014 slb Employee Service Share Based Compensation Unrecognized Compensation Costs On Nonvested Awards Expected To Be Recognized In Year Five
EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsOnNonvestedAwardsExpectedToBeRecognizedInYearFive
8000000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
33000000
CY2014 slb Minimum Number Of Jurisdictions To Company Operates
MinimumNumberOfJurisdictionsToCompanyOperates
100
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5649000000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
6787000000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4979000000
CY2014 slb Charges And Credits Pretax
ChargesAndCreditsPretax
1773000000
CY2012 slb Charges And Credits Pretax
ChargesAndCreditsPretax
161000000
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
327000000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
236000000
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1435000000
CY2013Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1502000000
CY2014Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
227000000
CY2013Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
282000000
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
183000000
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
128000000
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-1152000000
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-1420000000
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
190000000
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
238000000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
718000000
CY2013 us-gaap Current Federal Tax Expense Benefit
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