10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SCHLUMBERGER LIMITED/NV | |||
Ticker: SLB Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENT OF INCOME | |||
Period Ending Dec 31, 2015 10-K (Filed: Jan 27, 2016) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenue | $ 35,475 | 48,580 | 45,266 |
| Interest & other income | 236 | 291 | 165 |
| Gain on formation of OneSubsea | 1,028 | ||
| Expenses | |||
| Cost of revenue | 28,321 | 37,398 | 35,331 |
| Research & engineering | 1,094 | 1,217 | 1,174 |
| General & administrative | 494 | 475 | 416 |
| Impairments & other | 2,575 | 1,773 | 456 |
| Interest | 346 | 369 | 391 |
| Income from continuing operations before taxes | 2,881 | 7,639 | 8,691 |
| Taxes on income | 746 | 1,928 | 1,848 |
| Income from continuing operations | 2,135 | 5,711 | 6,843 |
| Loss from discontinued operations | (205) | (69) | |
| Net income | 2,135 | 5,506 | 6,774 |
| Net income attributable to noncontrolling interests | 63 | 68 | 42 |
| Net income attributable to Schlumberger | 2,072 | 5,438 | 6,732 |
| Schlumberger amounts attributable to: | |||
| Income from continuing operations | 2,072 | 5,643 | 6,801 |
| Loss from discontinued operations | (205) | (69) | |
| Net income attributable to Schlumberger | 2,072 | 5,438 | 6,732 |
| Basic earnings per share of Schlumberger | |||
| Income from continuing operations | 1.63 | 4.36 | 5.14 |
| Loss from discontinued operations | (0.16) | (0.05) | |
| Net income | 1.63 | 4.20 | 5.09 |
| Diluted earnings per share of Schlumberger | |||
| Income from continuing operations | 1.63 | 4.31 | 5.10 |
| Loss from discontinued operations | (0.16) | (0.05) | |
| Net income | 1.63 [1] | 4.16 | 5.05 |
| Average shares outstanding: | |||
| Basic | 1,267 | 1,295 | 1,323 |
| Assuming dilution | 1,275 | 1,308 | 1,333 |
| [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: 2015 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2015 10-K (Filed: Jan 27, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net income | $ 2,135 | 5,506 | 6,774 |
| Currency translation adjustments | |||
| Unrealized net change arising during the period | (522) | (463) | (151) |
| Marketable securities | |||
| Unrealized (loss) gain arising during the period | (50) | (166) | 35 |
| Reclassification to net income - impairment charge | 40 | ||
| Cash flow hedges | |||
| Net (loss) gain on cash flow hedges | (178) | (238) | 49 |
| Reclassification to net income of net realized gain (loss) | 235 | 113 | (50) |
| Pension and other postretirement benefit plans | |||
| Actuarial gain (loss) | |||
| Actuarial (loss) gain arising during the period | (210) | (1,285) | 1,328 |
| Amortization to net income of net actuarial loss | 306 | 177 | 300 |
| Prior service cost | |||
| Amortization to net income of net prior service cost | 101 | 128 | 125 |
| Income taxes on pension and other postretirement benefit plans | (74) | 82 | (302) |
| Comprehensive income | 1,783 | 3,854 | 8,108 |
| Comprehensive income attributable to noncontrolling interests | 63 | 68 | 42 |
| Comprehensive income attributable to Schlumberger | 1,720 | 3,786 | 8,066 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SCHLUMBERGER LIMITED/NV | |||
Ticker: SLB Fiscal Year: 2015 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2015 10-K (Filed: Jan 27, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash flows from operating activities: | |||
| Net income | $ 2,135 | 5,506 | 6,774 |
| Add: Loss from discontinued operations | 205 | 69 | |
| Adjustments to reconcile net income to cash provided by operating activities: | |||
| Gain on formation of OneSubsea | (1,028) | ||
| Impairments and other charges | 2,575 | 1,773 | 608 |
| Depreciation and amortization | 4,078 [1] | 4,094 | 3,879 |
| Pension and other postretirement benefits expense | 438 | 355 | 518 |
| Stock-based compensation expense | 326 | 329 | 315 |
| Pension and other postretirement benefits funding | (346) | (390) | (538) |
| Earnings of equity method investments, less dividends received | (125) | (113) | (71) |
| Change in assets and liabilities: | |||
| Decrease (increase) in receivables | 2,176 [2] | (187) | (803) |
| Decrease (increase) in inventories | 625 | (36) | 188 |
| Decrease in other current assets | 76 | 119 | 17 |
| Decrease (increase) in other assets | 16 | (134) | (78) |
| (Decrease) increase in accounts payable and accrued liabilities | (2,656) | (36) | 654 |
| (Decrease) increase in estimated liability for taxes on income | (699) | 104 | 34 |
| Increase (decrease) in other liabilities | 24 | (79) | 60 |
| Other | 162 | (315) | 92 |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 8,805 | 11,195 | 10,690 |
| Cash flows from investing activities: | |||
| Capital expenditures | (2,410) | (3,976) | (3,943) |
| SPM investments | (953) | (740) | (902) |
| Multiclient seismic data capitalized | (486) | (321) | (394) |
| Business acquisitions and investments, net of cash acquired | (443) | (1,008) | (1,210) |
| (Purchase) sale of investments, net | (5,848) | 446 | (648) |
| Other | (112) | 19 | 218 |
| NET CASH USED IN INVESTING ACTIVITIES | (10,252) | (5,580) | (6,879) |
| Cash flows from financing activities: | |||
| Dividends paid | (2,419) | (1,968) | (1,608) |
| Proceeds from employee stock purchase plan | 296 | 295 | 270 |
| Proceeds from exercise of stock options | 152 | 530 | 267 |
| Stock repurchase program | (2,182) | (4,678) | (2,596) |
| Proceeds from issuance of long-term debt | 9,565 | 2,289 | 4,554 |
| Repayment of long-term debt | (3,771) | (2,878) | (3,141) |
| Net (decrease) increase in short-term borrowings | (3) | 552 | 37 |
| Other | (264) | (38) | 18 |
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | 1,374 | (5,896) | (2,199) |
| Cash flow (used in) provided by discontinued operations - operating activities | (233) | 24 | (2) |
| Cash flow used in discontinued operations - investing activities | (28) | ||
| Cash flow (used in) provided by discontinued operations | (233) | 24 | (30) |
| Net (decrease) increase in cash before translation effect | (306) | (257) | 1,582 |
| Translation effect on cash | (31) | (85) | (15) |
| Cash, beginning of period | 3,130 | 3,472 | |
| Cash, end of period | 2,793 | 3,130 | 3,472 |
| [1] Includes depreciation of property, plant and equipment and amortization of intangible assets, multiclient seismic data costs and SPM investments. | |||
| [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: 2015 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2015 10-K (Filed: Jan 27, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| ASSETS | ||
| Current Assets | ||
| Cash | $ 2,793 | 3,130 |
| Short-term investments | 10,241 | 4,371 |
| Receivables less allowance for doubtful accounts (2015 - $333; 2014 - $275) | 8,780 | 11,171 |
| Inventories | 3,756 | 4,628 |
| Deferred taxes | 208 | 144 |
| Other current assets | 1,134 | 1,250 |
| Current assets total | 26,912 | 24,694 |
| Fixed Income Investments, held to maturity | 418 | 442 |
| Investments in Affiliated Companies | 3,311 | 3,235 |
| Fixed Assets less accumulated depreciation | 13,415 | 15,396 |
| Multiclient Seismic Data | 1,026 | 793 |
| Goodwill | 15,605 | 15,487 |
| Intangible Assets | 4,569 | 4,654 |
| Other Assets | 2,749 | 2,203 |
| Total Assets | 68,005 | 66,904 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Accounts payable and accrued liabilities | 7,727 | 9,246 |
| Estimated liability for taxes on income | 1,203 | 1,647 |
| Long-term debt - current portion | 3,011 | 1,244 |
| Short-term borrowings | 1,546 | 1,521 |
| Dividends payable | 634 | 518 |
| Current Liabilities Total | 14,121 | 14,176 |
| Long-term Debt | 14,442 | 10,565 |
| Postretirement Benefits | 1,434 | 1,501 |
| Deferred Taxes | 1,075 | 1,296 |
| Other Liabilities | 1,028 | 1,317 |
| Total Liabilities | 32,100 | 28,855 |
| Equity | ||
| Common stock | 12,693 | 12,495 |
| Treasury stock | (13,372) | (11,772) |
| Retained earnings | 40,870 | 41,333 |
| Accumulated other comprehensive loss | (4,558) | (4,206) |
| Schlumberger stockholders' equity | 35,633 | 37,850 |
| Noncontrolling interests | 272 | 199 |
| Total equity | 35,905 | 38,049 |
| Liabilities and stockholders equity | 68,005 | 66,904 |
| External Links | |
| SCHLUMBERGER LIMITED/NV (SLB) Fiscal Year 2015 | |
| 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 |