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
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 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).
- Accounts payable and accrued liabilities
- The amounts show a decreasing trend from March 2020 (10,168 million) to March 2021 (7,956 million), followed by some fluctuations and a general upward movement peaking at 10,904 million in December 2023. The values stabilize around 10,200-10,400 million towards March 2025.
- Estimated liability for taxes on income
- This liability generally decreases from early 2020 through the end of 2021. Starting 2022, it exhibits moderate fluctuations, with a slight downward trend towards the last quarter of the available data, fluctuating near 900 million.
- Short-term borrowings and current portion of long-term debt
- There is significant volatility in short-term borrowings. A notable low occurs mid-2021 at 36 million, followed by a sharp increase peaking at 2,140 million in March 2023. The figure drops again in subsequent periods before reaching a high of 3,475 million in March 2025.
- Dividends payable
- Dividends payable remain relatively stable with slow growth from 704 million in March 2020 to around 400 million in recent quarters, showing slight variability around the 400 million mark throughout 2023-2025.
- Current liabilities
- Current liabilities decreased from 13,262 million in March 2020 to a low of 8,784 million in June 2021. After that, there is an increasing trend with values reaching 15,036 million by March 2025, indicating rising short-term obligations.
- Long-term debt, excluding current portion
- The long-term debt shows a downward trend from 15,409 million in March 2020 to 10,527 million by March 2025, with some fluctuations and minor peaks in mid-2023 and mid-2024, suggesting efforts to reduce long-term leverage over the period.
- Postretirement benefits
- Values remain relatively steady around 900 million in early periods but sharply decline to around 200 million by the end of 2021 and stay low until a marked increase in early 2025, reaching around 500 million, indicating a change in benefit obligations or reporting.
- Deferred taxes
- Deferred taxes show erratic and incomplete data but mostly stay below 200 million, with values around 40 to 190 million between 2021 and 2025, lacking a clear trend due to data gaps.
- Other liabilities
- There is a gradual decrease from 3,004 million in March 2020 to roughly 2,100-2,200 million in recent quarters, suggesting a reduction in miscellaneous obligations over time.
- Noncurrent liabilities
- Noncurrent liabilities decreased from 19,349 million in March 2020 to around 13,000 million in late 2022, then show an upward trend reaching approximately 14,300 million in 2024, followed by a decline to 13,218 million in March 2025.
- Total liabilities
- Total liabilities decline from 32,611 million in March 2020 to about 25,146 million in December 2022, then increase steadily to 28,254 million by March 2025, reflecting a growth in overall obligations in recent years.
- Common stock
- Common stock value decreases from approximately 12,963 million in early 2020 to 10,827 million by March 2025, with minor fluctuations, indicating possible stock buybacks or adjustments.
- Treasury stock
- Treasury stock figures steadily increase (less negative) from -3,360 million in March 2020 to a low of -559 million in early 2023, then reverse to become more negative reaching -3,292 million by March 2025, suggesting active stock repurchase programs resumed later.
- Retained earnings
- Retained earnings show a consistent upward progression from 10,681 million in March 2020 to 16,804 million by March 2025, indicating accumulated profits over the period.
- Accumulated other comprehensive loss
- This line item remains negative throughout, fluctuating mildly between -2,500 million and -5,000 million, with a general trend toward increased comprehensive losses, particularly noticeable by late 2024.
- Total stockholders’ equity
- Total stockholders’ equity rises from 15,561 million in March 2020 to peak at 21,071 million in late 2024 before decreasing to 19,515 million by March 2025, showing growth with some sector volatility.
- Noncontrolling interests
- Values remain relatively stable initially but increase notably from 312 million in 2022 to about 1,233 million in March 2025, indicating increasing minority interests in subsidiaries or ventures.
- Total equity
- Total equity follows a growth pattern from 15,983 million in March 2020 to a high near 22,728 million in late 2024, then declines slightly to 20,748 million by March 2025, reflecting movements in equity components and share repurchase activity.
- Total liabilities and equity
- The total shows a decreasing trend from 48,594 million in March 2020 to a low of approximately 42,134 million in late 2022, with a rise thereafter to near 49,002 million by March 2025, reflecting overall balance sheet growth.