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: 2009 | |||
Statement Of Cash Flows Indirect | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 5, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Cash flows from operating activities: | |||
| Net Income | $ 3,142 | 5,460 | 5,177 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 2,476 [1] | 2,269 | 1,954 |
| Earnings of companies carried at equity, less dividends received | (103) | (235) | (183) |
| Deferred income taxes | 373 | (6) | 22 |
| Stock-based compensation expense | 186 | 172 | 136 |
| Pension and other postretirement benefits expense | 306 | 127 | 155 |
| Pension and other postretirement benefits curtailment charge | 136 | 0 | 0 |
| Pension and other postretirement benefits funding | (1,149) | (318) | (294) |
| Other non-cash items | 162 | 128 | 33 |
| Change in operating assets and liabilities: | |||
| Decrease (increase) in receivables | 155 [2] | (944) | (1,017) |
| Decrease (increase) in inventories | 64 | (299) | (356) |
| Decrease (increase) in other current assets | 9 | (198) | (92) |
| (Decrease) increase in accounts payable and accrued liabilities | (293) | 683 | 502 |
| (Decrease) increase in estimated liability for taxes on income | (361) | (94) | 328 |
| Increase in other liabilities | 43 | 97 | 16 |
| Other - net | 165 | 57 | (94) |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 5,311 | 6,899 | 6,287 |
| Cash flows from investing activities: | |||
| Capital expenditures | (2,395) | (3,723) | (2,931) |
| Multiclient seismic data capitalized | (230) | (345) | (260) |
| Acquisition of Eastern Echo, net of cash acquired | 0 | 0 | (838) |
| Other business acquisitions and investments, net of cash acquired | (514) | (345) | (281) |
| Purchase of investments, net | (1,113) | (598) | (89) |
| Other | 228 | (132) | (230) |
| NET CASH USED IN INVESTING ACTIVITIES | (4,024) | (5,143) | (4,629) |
| Cash flows from financing activities: | |||
| Dividends paid | (1,006) | (964) | (771) |
| Proceeds from employee stock purchase plan | 96 | 177 | 148 |
| Proceeds from exercise of stock options | 110 | 174 | 474 |
| Tax benefit on stock options | 4 | 137 | 75 |
| Stock repurchase program | (500) | (1,819) | (1,355) |
| Proceeds from issuance of long-term debt | 1,973 | 1,281 | 455 |
| Repayment of long-term debt | (1,754) | (601) | (584) |
| Net (decrease) increase in short-term borrowings | (111) | (210) | (72) |
| NET CASH USED IN FINANCING ACTIVITIES | (1,188) | (1,825) | (1,630) |
| Cash flow from discontinued operations - operating activities | (45) | 63 | 0 |
| Net increase (decrease) in cash before translation effect | 54 | (6) | 28 |
| Translation effect on cash | 0 | (2) | 3 |
| Cash, beginning of year | 189 | 197 | |
| Cash, end of year | 243 | 189 | 197 |
| [1] Includes multiclient seismic data costs. | |||
| [2] Net of the effect of business acquisitions. | |||
| External Links | |
| SCHLUMBERGER LIMITED/NV (SLB) Fiscal Year 2009 | |
| 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 |