SLB N.V. (NYSE:SLB)

The financial data reveal a significant recovery in net income (loss) over the five-year period. Starting from a substantial loss of -10,486 million US dollars in 2020, the company shifted to consistent profits, with net income rising steadily to 4,579 million US dollars by 2024. This improvement indicates a positive trend in operational performance or cost management.

Examining the currency translation adjustments, the values fluctuate with a negative impact in 2020 (-239 million US dollars), a positive adjustment in 2021 (83 million US dollars), and then recurring negative impacts from 2022 through 2024. This suggests some ongoing foreign exchange or international operation risks affecting earnings.

Cash flow hedges have shown variability, with net losses recorded in 2020 and 2022 (-90 and -148 million US dollars respectively), but a notable gain in 2023 (177 million US dollars). The related reclassification to net income also varies, indicating active hedge accounting practices with fluctuating effects on income.

Actuarial gains and losses associated with pension and postretirement benefit plans display volatility. There is a significant actuarial gain in 2021 (1,075 million US dollars), which swings to losses in subsequent years, reaching -582 million US dollars in 2024. Amortization of prior actuarial losses and service costs show relatively stable, minor negative impacts annually, reflecting gradual recognition in net income.

Income taxes related to pension and other postretirement benefit plans have a modest but generally positive impact from 2022 onwards, suggesting some tax benefits or credits associated with these plans in the latter years of the dataset.

The category for other comprehensive income (loss) mirrors the pattern of significant swings seen in actuarial gains and currency translation adjustments, with a large positive 1,314 million US dollars in 2021, then negative values thereafter, indicating overall volatility in comprehensive income components beyond net income.

Comprehensive income (loss) attributable to the company follows the net income trend, moving from a negative 10,964 million US dollars in 2020 to positive territory thereafter, stabilizing around 3,700 to 3,800 million US dollars in 2023 and 2024. This illustrates overall improved financial performance inclusive of all comprehensive income items.

Noncontrolling interests show increasing negative figures over time, suggesting that losses or expenses attributable to minority shareholders have increased, though the amounts remain relatively small compared to the company's total comprehensive income.

Summary of Trends

- A marked turnaround from heavy net losses in 2020 to sustained profitability by 2024.

- Currency translation adjustments and other comprehensive income items exhibit volatility, indicating foreign exchange and actuarial risks.

- Cash flow hedging activity influences income with variable gains and losses.

- Pension and postretirement benefit-related gains and losses fluctuate significantly, affecting overall comprehensive income.

- Comprehensive income attributable to the company improves markedly post-2020, aligning closely with operating performance improvements.

- Negative impact from noncontrolling interests increases slightly but remains minor in proportion.

Overall, the data indicate a company that has successfully moved from significant losses to consistent profits, albeit with continuing exposure to foreign currency, hedge accounting, and pension-related actuarial risks affecting comprehensive income volatility.