Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Schlumberger Ltd., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Trade accounts payable	4,613)	3,921)	3,205)	2,937)	4,790)
Payroll, vacation and employee benefits	1,625)	1,493)	1,377)	1,524)	1,293)
Billings and cash collections in excess of revenue	1,996)	1,157)	1,088)	941)	910)
Other	2,670)	2,550)	2,712)	3,040)	3,670)
Accounts payable and accrued liabilities	10,904)	9,121)	8,382)	8,442)	10,663)
Estimated liability for taxes on income	994)	1,002)	879)	1,015)	1,209)
Short-term borrowings and current portion of long-term debt	1,123)	1,632)	909)	850)	524)
Dividends payable	374)	263)	189)	184)	702)
Current liabilities	13,395)	12,018)	10,359)	10,491)	13,098)
Long-term debt, excluding current portion	10,842)	10,594)	13,286)	16,036)	14,770)
Postretirement benefits	175)	165)	231)	1,049)	967)
Deferred taxes	140)	61)	94)	19)	491)
Other liabilities	2,046)	2,308)	2,255)	2,350)	2,810)
Non-current liabilities	13,203)	13,128)	15,866)	19,454)	19,038)
Total liabilities	26,598)	25,146)	26,225)	29,945)	32,136)
Common stock	11,624)	11,837)	12,608)	12,970)	13,078)
Treasury stock	(678)	(1,016)	(2,233)	(3,033)	(3,631)
Retained earnings	13,497)	10,719)	8,199)	7,018)	18,751)
Accumulated other comprehensive loss	(4,254)	(3,855)	(3,570)	(4,884)	(4,438)
Total SLB stockholders’ equity	20,189)	17,685)	15,004)	12,071)	23,760)
Noncontrolling interests	1,170)	304)	282)	418)	416)
Total equity	21,359)	17,989)	15,286)	12,489)	24,176)
Total liabilities and equity	47,957)	43,135)	41,511)	42,434)	56,312)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Schlumberger Ltd. current liabilities increased from 2021 to 2022 and from 2022 to 2023.
Non-current liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Schlumberger Ltd. non-current liabilities decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Schlumberger Ltd. total liabilities decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Total SLB stockholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Schlumberger Ltd. total SLB stockholders’ equity increased from 2021 to 2022 and from 2022 to 2023.

Schlumberger Ltd. (NYSE:SLB)

Balance Sheet: Liabilities and Stockholders’ Equity