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: 2017 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2017 10-K (Filed: Jan 24, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash flows from operating activities: | |||
| Net income (loss) | $ (1,513) | (1,627) | 2,135 |
| Adjustments to reconcile net income (loss) to cash provided by operating activities: | |||
| Impairments and other charges | 3,764 | 3,820 | 2,575 |
| Depreciation and amortization | 3,837 [1] | 4,094 | 4,078 |
| Pension and other postretirement benefits expense | 104 | 187 | 438 |
| Stock-based compensation expense | 343 | 267 | 326 |
| Pension and other postretirement benefits funding | (133) | (174) | (346) |
| Earnings of equity method investments, less dividends received | (56) | (60) | (125) |
| Change in assets and liabilities: | |||
| (Increase) decrease in receivables | (124) [2] | 1,098 | 2,176 |
| Decrease in inventories | 108 | 800 | 625 |
| (Increase) decrease in other current assets | (174) | 308 | 76 |
| Decrease (increase) in other assets | 402 | (488) | 16 |
| Decrease in accounts payable and accrued liabilities | (737) | (1,680) | (2,656) |
| Increase (decrease) in estimated liability for taxes on income | 104 | (110) | (699) |
| (Decrease) increase in other liabilities | (28) | 77 | 24 |
| Other | (234) | (251) | 162 |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 5,663 | 6,261 | 8,805 |
| Cash flows from investing activities: | |||
| Capital expenditures | (2,107) | (2,055) | (2,410) |
| SPM investments | (1,609) | (1,031) | (953) |
| Multiclient seismic data capitalized | (276) | (630) | (486) |
| Business acquisitions and investments, net of cash acquired | (847) | (2,398) | (443) |
| Sale (purchase) of investments, net | 3,277 | 5,544 | (5,848) |
| Other | (217) | (54) | (112) |
| NET CASH USED IN INVESTING ACTIVITIES | (1,779) | (624) | (10,252) |
| Cash flows from financing activities: | |||
| Dividends paid | (2,778) | (2,647) | (2,419) |
| Proceeds from employee stock purchase plan | 212 | 231 | 296 |
| Proceeds from exercise of stock options | 85 | 184 | 152 |
| Stock repurchase program | (969) | (778) | (2,182) |
| Proceeds from issuance of long-term debt | 2,371 | 3,640 | 9,565 |
| Repayment of long-term debt | (2,961) | (5,630) | (3,771) |
| Net decrease in short-term borrowings | (1,022) | (387) | (3) |
| Other | 29 | (41) | (264) |
| NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | (5,033) | (5,428) | 1,374 |
| Cash flow used in discontinued operations - operating activities | (233) | ||
| Net (decrease) increase in cash before translation effect | (1,149) | 209 | (306) |
| Translation effect on cash | 19 | (73) | (31) |
| Cash, beginning of period | 2,929 | 2,793 | |
| Cash, end of period | 1,799 | 2,929 | 2,793 |
| [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 2017 | |
| 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 |