Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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.

SLB N.V., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Accounts payable and accrued liabilities	11,490)	10,857)	9,993)	10,221)	10,375)	10,346)	10,099)	10,051)	10,904)	9,222)	8,938)	8,700)	9,121)	9,034)	8,528)	8,638)	8,382)	7,615)	7,635)	7,956)
Estimated liability for taxes on income	894)	814)	833)	936)	982)	888)	867)	987)	994)	935)	859)	1,038)	1,002)	938)	884)	940)	879)	907)	924)	983)
Short-term borrowings and current portion of long-term debt	1,894)	1,923)	2,807)	3,475)	1,051)	1,059)	1,033)	1,430)	1,123)	1,998)	1,993)	2,140)	1,632)	899)	901)	923)	909)	1,025)	36)	749)
Dividends payable	443)	443)	402)	404)	403)	406)	410)	411)	374)	373)	373)	374)	263)	263)	270)	195)	189)	188)	189)	185)
Current liabilities	14,721)	14,037)	14,035)	15,036)	12,811)	12,699)	12,409)	12,879)	13,395)	12,528)	12,163)	12,252)	12,018)	11,134)	10,583)	10,696)	10,359)	9,735)	8,784)	9,873)
Long-term debt, excluding current portion	9,742)	10,843)	10,891)	10,527)	11,023)	11,864)	12,156)	10,740)	10,842)	11,147)	11,342)	10,698)	10,594)	12,452)	12,946)	13,163)	13,286)	14,370)	15,687)	15,834)
Postretirement benefits	479)	502)	502)	507)	512)	176)	175)	177)	175)	166)	167)	168)	165)	233)	232)	232)	231)	905)	956)	1,003)
Deferred taxes	644)	827)	12)	37)	67)	171)	135)	115)	140)	157)	183)	194)	61)	86)	99)	77)	94)	—)	—)	—)
Other liabilities	1,991)	1,962)	1,778)	2,147)	2,172)	2,137)	2,218)	2,022)	2,046)	2,108)	2,037)	2,163)	2,308)	2,677)	2,342)	2,160)	2,255)	2,363)	2,422)	2,354)
Noncurrent liabilities	12,856)	14,134)	13,183)	13,218)	13,774)	14,348)	14,684)	13,054)	13,203)	13,578)	13,729)	13,223)	13,128)	15,448)	15,619)	15,632)	15,866)	17,638)	19,065)	19,191)
Total liabilities	27,577)	28,171)	27,218)	28,254)	26,585)	27,047)	27,093)	25,933)	26,598)	26,106)	25,892)	25,475)	25,146)	26,582)	26,202)	26,328)	26,225)	27,373)	27,849)	29,064)
Common stock	16,354)	16,338)	11,354)	10,827)	11,458)	11,408)	11,401)	11,344)	11,624)	11,182)	11,270)	11,264)	11,837)	11,867)	11,981)	11,957)	12,608)	12,571)	12,730)	12,663)
Treasury stock	(3,576)	(3,636)	(3,742)	(3,292)	(1,773)	(1,294)	(973)	(531)	(678)	(621)	(750)	(559)	(1,016)	(1,176)	(1,436)	(1,503)	(2,233)	(2,287)	(2,591)	(2,598)
Retained earnings	18,067)	17,746)	17,433)	16,804)	16,395)	15,687)	14,890)	14,172)	13,497)	12,742)	11,974)	11,296)	10,719)	9,904)	9,244)	8,532)	8,199)	7,775)	7,399)	7,142)
Accumulated other comprehensive loss	(4,736)	(4,813)	(4,743)	(4,824)	(4,950)	(4,290)	(4,247)	(4,249)	(4,254)	(3,917)	(3,886)	(3,933)	(3,855)	(3,396)	(3,464)	(3,639)	(3,570)	(4,697)	(4,776)	(4,664)
Total SLB stockholders’ equity	26,109)	25,635)	20,302)	19,515)	21,130)	21,511)	21,071)	20,736)	20,189)	19,386)	18,608)	18,068)	17,685)	17,199)	16,325)	15,347)	15,004)	13,362)	12,762)	12,543)
Noncontrolling interests	1,182)	1,287)	1,249)	1,233)	1,220)	1,217)	1,209)	1,187)	1,170)	321)	326)	312)	304)	312)	300)	292)	282)	303)	297)	429)
Total equity	27,291)	26,922)	21,551)	20,748)	22,350)	22,728)	22,280)	21,923)	21,359)	19,707)	18,934)	18,380)	17,989)	17,511)	16,625)	15,639)	15,286)	13,665)	13,059)	12,972)
Total liabilities and equity	54,868)	55,093)	48,769)	49,002)	48,935)	49,775)	49,373)	47,856)	47,957)	45,813)	44,826)	43,855)	43,135)	44,093)	42,827)	41,967)	41,511)	41,038)	40,908)	42,036)

Overall, the balance sheet reveals a generally increasing trend in both total liabilities and total stockholders’ equity over the observed period, with some fluctuations. A significant increase in total equity is noted towards the end of the period, particularly in the most recent quarters. Liability levels also demonstrate an upward trajectory, though with periods of relative stability.

Current Liabilities: Current liabilities exhibited volatility, decreasing from $9,873 million in March 2021 to $8,784 million in June 2021, then generally increasing to reach $13,395 million in December 2023. A slight decrease is observed in March 2024 to $12,879 million, followed by a rise to $14,721 million by December 2025. This suggests potential shifts in short-term financing needs or working capital management.
Long-Term Debt: Long-term debt, excluding the current portion, generally decreased from $15,834 million in March 2021 to $10,594 million in December 2022. It then experienced a moderate increase to $11,342 million in March 2023, before declining again to $9,742 million in December 2023. A slight increase is observed in the most recent quarters, reaching $10,843 million in December 2025. This indicates a strategic management of long-term financing obligations.
Stockholders’ Equity Components: Common stock remained relatively stable for most of the period, with a notable increase to $16,338 million in December 2023 and $16,354 million in December 2024. Treasury stock consistently represented a negative value, increasing in magnitude over time, reaching -$3,742 million in June 2025. Retained earnings demonstrated a consistent upward trend, growing from $7,142 million in March 2021 to $18,067 million in December 2025, reflecting accumulated profits. Accumulated other comprehensive loss remained negative throughout the period, with a significant increase in magnitude towards the end of the period, reaching -$4,736 million in December 2025.
Specific Liability Accounts: Accounts payable and accrued liabilities generally increased over the period, rising from $7,956 million in March 2021 to $11,490 million in December 2025. The estimated liability for taxes on income remained relatively stable, fluctuating between approximately $859 million and $1,038 million. Short-term borrowings and the current portion of long-term debt showed significant volatility, peaking at $3,475 million in March 2025, indicating potential reliance on short-term financing at times. Dividends payable exhibited a steady increase, reaching $443 million in December 2025, suggesting a consistent return of value to shareholders.
Noncontrolling Interests: Noncontrolling interests showed an initial decrease before increasing significantly in the later periods, reaching $1,287 million in December 2025. This suggests changes in the company’s ownership structure or consolidation of subsidiaries.

The overall trend indicates a strengthening equity position, coupled with a managed liability structure. The fluctuations in short-term debt and accounts payable warrant further investigation to understand the underlying drivers of these changes. The increase in retained earnings is a positive sign, reflecting profitability, while the growing negative balance in accumulated other comprehensive loss requires attention.

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SLB N.V. (NYSE:SLB)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data