Stock Analysis on Net

Schlumberger Ltd. (NYSE:SLB)

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.

Schlumberger Ltd., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Accounts payable and accrued liabilities 10,904 9,222 8,938 8,700 9,121 9,034 8,528 8,638 8,382 7,615 7,635 7,956 8,442 9,201 9,824 10,168 10,663 10,364 9,851 9,702
Estimated liability for taxes on income 994 935 859 1,038 1,002 938 884 940 879 907 924 983 1,015 974 1,054 1,157 1,209 1,078 1,123 1,194
Short-term borrowings and current portion of long-term debt 1,123 1,998 1,993 2,140 1,632 899 901 923 909 1,025 36 749 850 1,292 603 1,233 524 340 98 99
Dividends payable 374 373 373 374 263 263 270 195 189 188 189 185 184 184 184 704 702 701 701 702
Current liabilities 13,395 12,528 12,163 12,252 12,018 11,134 10,583 10,696 10,359 9,735 8,784 9,873 10,491 11,651 11,665 13,262 13,098 12,483 11,773 11,697
Long-term debt, excluding current portion 10,842 11,147 11,342 10,698 10,594 12,452 12,946 13,163 13,286 14,370 15,687 15,834 16,036 16,471 16,763 15,409 14,770 16,333 16,978 16,449
Postretirement benefits 175 166 167 168 165 233 232 232 231 905 956 1,003 1,049 854 905 936 967 1,101 1,119 1,136
Deferred taxes 140 157 183 194 61 86 99 77 94 19 42 491 591 1,330 1,375
Other liabilities 2,046 2,108 2,037 2,163 2,308 2,677 2,342 2,160 2,255 2,363 2,422 2,354 2,350 2,721 2,836 3,004 2,810 3,155 3,118 3,140
Noncurrent liabilities 13,203 13,578 13,729 13,223 13,128 15,448 15,619 15,632 15,866 17,638 19,065 19,191 19,454 20,046 20,546 19,349 19,038 21,180 22,545 22,100
Total liabilities 26,598 26,106 25,892 25,475 25,146 26,582 26,202 26,328 26,225 27,373 27,849 29,064 29,945 31,697 32,211 32,611 32,136 33,663 34,318 33,797
Common stock 11,624 11,182 11,270 11,264 11,837 11,867 11,981 11,957 12,608 12,571 12,730 12,663 12,970 12,921 13,044 12,963 13,078 13,012 13,037 13,000
Treasury stock (678) (621) (750) (559) (1,016) (1,176) (1,436) (1,503) (2,233) (2,287) (2,591) (2,598) (3,033) (3,055) (3,339) (3,360) (3,631) (3,641) (3,827) (3,756)
Retained earnings 13,497 12,742 11,974 11,296 10,719 9,904 9,244 8,532 8,199 7,775 7,399 7,142 7,018 6,818 7,073 10,681 18,751 19,111 31,186 31,386
Accumulated other comprehensive loss (4,254) (3,917) (3,886) (3,933) (3,855) (3,396) (3,464) (3,639) (3,570) (4,697) (4,776) (4,664) (4,884) (4,743) (4,738) (4,723) (4,438) (4,569) (4,544) (4,527)
Total SLB stockholders’ equity 20,189 19,386 18,608 18,068 17,685 17,199 16,325 15,347 15,004 13,362 12,762 12,543 12,071 11,941 12,040 15,561 23,760 23,913 35,852 36,103
Noncontrolling interests 1,170 321 326 312 304 312 300 292 282 303 297 429 418 428 416 422 416 414 421 421
Total equity 21,359 19,707 18,934 18,380 17,989 17,511 16,625 15,639 15,286 13,665 13,059 12,972 12,489 12,369 12,456 15,983 24,176 24,327 36,273 36,524
Total liabilities and equity 47,957 45,813 44,826 43,855 43,135 44,093 42,827 41,967 41,511 41,038 40,908 42,036 42,434 44,066 44,667 48,594 56,312 57,990 70,591 70,321

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

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 Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Schlumberger Ltd. noncurrent liabilities decreased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 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 increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
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 Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.