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: 2016 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2016 10-K (Filed: Jan 25, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Cash flows from operating activities: | |||
| Net income (loss) | $ (1,627) | 2,135 | 5,506 |
| Add: Loss from discontinued operations | 205 | ||
| Adjustments to reconcile net income (loss) to cash provided by operating activities: | |||
| Impairments and other charges | 3,820 | 2,575 | 1,773 |
| Depreciation and amortization | 4,094 [1] | 4,078 | 4,094 |
| Pension and other postretirement benefits expense | 187 | 438 | 355 |
| Stock-based compensation expense | 267 | 326 | 329 |
| Pension and other postretirement benefits funding | (174) | (346) | (390) |
| Earnings of equity method investments, less dividends received | (60) | (125) | (113) |
| Change in assets and liabilities: | |||
| Decrease (increase) in receivables | 1,098 [2] | 2,176 | (187) |
| Decrease (increase) in inventories | 800 | 625 | (36) |
| Decrease in other current assets | 308 | 76 | 119 |
| (Increase) decrease in other assets | (488) | 16 | (134) |
| Decrease in accounts payable and accrued liabilities | (1,680) | (2,656) | (36) |
| (Decrease) increase in estimated liability for taxes on income | (110) | (699) | 104 |
| Increase (decrease) in other liabilities | 77 | 24 | (79) |
| Other | (251) | 162 | (315) |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 6,261 | 8,805 | 11,195 |
| Cash flows from investing activities: | |||
| Capital expenditures | (2,055) | (2,410) | (3,976) |
| SPM investments | (1,031) | (953) | (740) |
| Multiclient seismic data capitalized | (630) | (486) | (321) |
| Business acquisitions and investments, net of cash acquired | (2,398) | (443) | (1,008) |
| Sale (purchase) of investments, net | 5,544 | (5,848) | 446 |
| Other | (54) | (112) | 19 |
| NET CASH USED IN INVESTING ACTIVITIES | (624) | (10,252) | (5,580) |
| Cash flows from financing activities: | |||
| Dividends paid | (2,647) | (2,419) | (1,968) |
| Proceeds from employee stock purchase plan | 231 | 296 | 295 |
| Proceeds from exercise of stock options | 184 | 152 | 530 |
| Stock repurchase program | (778) | (2,182) | (4,678) |
| Proceeds from issuance of long-term debt | 3,640 | 9,565 | 2,289 |
| Repayment of long-term debt | (5,630) | (3,771) | (2,878) |
| Net (decrease) increase in short-term borrowings | (387) | (3) | 552 |
| Other | (41) | (264) | (38) |
| NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | (5,428) | 1,374 | (5,896) |
| Cash flow (used in) provided by discontinued operations - operating activities | (233) | 24 | |
| Net increase (decrease) in cash before translation effect | 209 | (306) | (257) |
| Translation effect on cash | (73) | (31) | (85) |
| Cash, beginning of period | 2,793 | 3,130 | |
| Cash, end of period | 2,929 | 2,793 | 3,130 |
| [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. | |||
| External Links | |
| SCHLUMBERGER LIMITED/NV (SLB) Fiscal Year 2016 | |
| 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 |