10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SCHLUMBERGER LIMITED/NV | |||
Ticker: SLB Fiscal Year: 2013 | |||
CONSOLIDATED STATEMENT OF INCOME | |||
Period Ending Dec 31, 2013 10-K (Filed: Jan 31, 2014) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenue | $ 45,266 | 41,731 | 36,579 |
| Interest and other income | 165 | 172 | 130 |
| Gain on formation of OneSubsea | 1,028 | ||
| Expenses | |||
| Cost of revenue | 35,331 | 32,885 | 28,802 |
| Research & engineering | 1,174 | 1,153 | 1,061 |
| General & administrative | 416 | 405 | 417 |
| Merger & integration | 128 | 113 | |
| Impairment & other | 456 | 33 | |
| Interest | 391 | 340 | 298 |
| Income from continuing operations before taxes | 8,691 | 6,959 | 6,018 |
| Taxes on income | 1,848 | 1,700 | 1,492 |
| Income from continuing operations | 6,843 | 5,259 | 4,526 |
| Income (loss) from discontinued operations | (69) | 260 | 481 |
| Net income | 6,774 | 5,519 | 5,007 |
| Net income attributable to noncontrolling interests | 42 | 29 | 10 |
| Net income attributable to Schlumberger | 6,732 | 5,490 | 4,997 |
| Schlumberger amounts attributable to: | |||
| Income from continuing operations | 6,801 | 5,230 | 4,516 |
| Income (loss) from discontinued operations | (69) | 260 | 481 |
| Net income | 6,732 | 5,490 | 4,997 |
| Basic earnings per share of Schlumberger: | |||
| Income from continuing operations | 5.14 | 3.93 | 3.35 |
| Income (loss) from discontinued operations | (0.05) | 0.20 | 0.36 |
| Net income | 5.09 [1] | 4.13 | 3.70 |
| Diluted earnings per share of Schlumberger: | |||
| Income from continuing operations | 5.10 | 3.91 | 3.32 |
| Income (loss) from discontinued operations | (0.05) | 0.19 | 0.35 |
| Net income | 5.05 | 4.10 | 3.67 |
| Average shares outstanding: | |||
| Basic | 1,323 | 1,330 | 1,349 |
| Assuming dilution | 1,333 | 1,339 | 1,361 |
| [1] Amounts may not add due to rounding. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SCHLUMBERGER LIMITED/NV | |||
Ticker: SLB Fiscal Year: 2013 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2013 10-K (Filed: Jan 31, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Net income | $ 6,774 | 5,519 | 5,007 |
| Currency translation adjustments | |||
| Unrealized net change arising during the period | (151) | 76 | (82) |
| Marketable securities | |||
| Unrealized gain arising during the period | 35 | 141 | |
| Derivatives | |||
| Net derivatives gain (loss) on hedging transactions | 49 | 92 | (79) |
| Reclassification to net income of net realized (gain) loss | (50) | (36) | 8 |
| Actuarial gain (loss) | |||
| Actuarial gain (loss) arising during the period | 1,328 | (1,016) | (1,008) |
| Amortization to net income of net actuarial loss | 300 | 187 | 133 |
| Prior service cost | |||
| Prior service gain arising during the period | 1 | ||
| Amortization to net income of net prior service cost | 125 | 125 | 121 |
| Income taxes on pension and other postretirement benefit plans | (302) | 100 | 117 |
| Comprehensive income | 8,108 | 5,188 | 4,218 |
| Comprehensive income attributable to noncontrolling interests | 42 | 29 | 10 |
| Comprehensive income attributable to Schlumberger | 8,066 | 5,159 | 4,208 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SCHLUMBERGER LIMITED/NV | |||
Ticker: SLB Fiscal Year: 2013 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2013 10-K (Filed: Jan 31, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash flows from operating activities: | |||
| Net income | $ 6,774 | 5,519 | 5,007 |
| Less: (Income) loss from discontinued operations | 69 | (260) | (481) |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 3,666 [1] | 3,500 | 3,274 |
| Gain on formation of OneSubsea | (1,028) | ||
| Earnings of companies carried at equity, less dividends received | (71) | (61) | (64) |
| Deferred income taxes | (105) | (76) | (26) |
| Stock-based compensation expense | 315 | 335 | 272 |
| Pension and other postretirement benefits expense | 518 | 403 | 365 |
| Impairment of equity investments | 364 | ||
| Other non-cash items | 371 | 97 | 203 |
| Pension and other postretirement benefits funding | (538) | (673) | (601) |
| Change in operating assets and liabilities: | |||
| Increase in receivables | (858) [2] | (2,087) | (1,402) |
| Decrease (increase) in inventories | 188 | (645) | (863) |
| Decrease (increase) in other current assets | 17 | (350) | (58) |
| Increase in other assets | (767) | (253) | (74) |
| Increase in accounts payable and accrued liabilities | 654 | 876 | 639 |
| Increase (decrease) in estimated liability for taxes on income | 34 | 125 | (549) |
| Increase in other liabilities | 60 | 1 | 169 |
| Other | 125 | 92 | 69 |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 9,788 | 6,543 | 5,880 |
| Cash flows from investing activities: | |||
| Capital expenditures | (3,943) | (4,694) | (4,004) |
| Multiclient seismic data capitalized | (394) | (351) | (289) |
| Payment for OneSubsea transaction | (600) | ||
| Other business acquisitions and investments, net of cash acquired | (610) | (845) | (186) |
| (Purchase) sale of investments, net | (648) | (1,228) | 351 |
| Other | 218 | (55) | 230 |
| NET CASH USED IN INVESTING ACTIVITIES | (5,977) | (7,173) | (3,898) |
| Cash flows from financing activities: | |||
| Dividends paid | (1,608) | (1,432) | (1,300) |
| Proceeds from employee stock purchase plan | 270 | 247 | 208 |
| Proceeds from exercise of stock options | 267 | 163 | 230 |
| Stock repurchase program | (2,596) | (972) | (2,998) |
| Proceeds from issuance of long-term debt | 4,554 | 2,832 | 6,884 |
| Repayment of long-term debt | (3,141) | (1,817) | (4,992) |
| Net increase (decrease) in short-term borrowings | 37 | 621 | (119) |
| Other | 18 | 19 | (613) |
| NET CASH USED IN FINANCING ACTIVITIES | (2,199) | (339) | (2,700) |
| Cash flow from discontinued operations - operating activities | (2) | 145 | 289 |
| Cash flow from discontinued operations - investing activities | (28) | 1,011 | 373 |
| Cash flow from discontinued operations | (30) | 1,156 | 662 |
| Net increase (decrease) in cash before translation effect | 1,582 | 187 | (56) |
| Translation effect on cash | (15) | 13 | (3) |
| Cash, beginning of year | 1,905 | 1,705 | |
| Cash, end of year | 3,472 | 1,905 | 1,705 |
| [1] Includes multiclient seismic data costs. | |||
| [2] Net of the effect of business acquisitions and divestitures. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
SCHLUMBERGER LIMITED/NV | ||
Ticker: SLB Fiscal Year: 2013 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2013 10-K (Filed: Jan 31, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| ASSETS | ||
| Current Assets | ||
| Cash | $ 3,472 | 1,905 |
| Short-term investments | 4,898 | 4,369 |
| Receivables less allowance for doubtful accounts (2013 - $384; 2012 - $202) | 11,497 | 11,351 |
| Inventories | 4,603 | 4,785 |
| Deferred taxes | 288 | 343 |
| Other current assets | 1,467 | 1,403 |
| Current assets total | 26,225 | 24,156 |
| Fixed Income Investments, held to maturity | 363 | 245 |
| Investments in Affiliated Companies | 3,317 | 1,502 |
| Fixed Assets less accumulated depreciation | 15,096 | 14,780 |
| Multiclient Seismic Data | 667 | 518 |
| Goodwill | 14,706 | 14,585 |
| Intangible Assets | 4,709 | 4,802 |
| Other Assets | 2,017 | 959 |
| Total Assets | 67,100 | 61,547 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Accounts payable and accrued liabilities | 8,837 | 8,453 |
| Estimated liability for taxes on income | 1,490 | 1,426 |
| Long-term debt - current portion | 1,819 | 1,163 |
| Short-term borrowings | 964 | 958 |
| Dividends payable | 415 | 368 |
| Current Liabilities Total | 13,525 | 12,368 |
| Long-term Debt | 10,393 | 9,509 |
| Postretirement Benefits | 670 | 2,169 |
| Deferred Taxes | 1,708 | 1,493 |
| Other Liabilities | 1,169 | 1,150 |
| Total Liabilities | 27,465 | 26,689 |
| Equity | ||
| Common stock | 12,192 | 11,912 |
| Treasury stock | (8,135) | (6,160) |
| Retained earnings | 37,966 | 32,887 |
| Accumulated other comprehensive loss | (2,554) | (3,888) |
| Schlumberger stockholders equity | 39,469 | 34,751 |
| Noncontrolling interests | 166 | 107 |
| Total equity | 39,635 | 34,858 |
| Liabilities and stockholders equity | 67,100 | 61,547 |
| External Links | |
| SCHLUMBERGER LIMITED/NV (SLB) Fiscal Year 2013 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |