Stock Analysis on Net

Schlumberger Ltd. (NYSE:SLB)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Schlumberger Ltd., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income (loss) 4,275 3,492 1,928 (10,486) (10,107)
Net change arising during the period (113) (26) 83 (239) 67
Currency translation adjustments (113) (26) 83 (239) 67
Net gain (loss) on cash flow hedges 177 (148) (12) (90) (32)
Reclassification to net income (loss) of net realized (gain) loss (19) 117 (3) 54 10
Cash flow hedges 158 (31) (15) (36) (22)
Actuarial gain (loss) arising during the period (437) (305) 1,075 (247) 127
Amortization to net income (loss) of net actuarial loss (12) 75 271 200 94
Amortization to net income (loss) of net prior service cost (credit) (23) (23) (23) (17) (11)
Impact of curtailment (69)
Income taxes on pension and other postretirement benefit plans 58 24 (74) (38) (71)
Pension and other postretirement benefit plans (414) (229) 1,249 (171) 139
Other (30) 1 (3)
Other comprehensive income (loss) (399) (285) 1,314 (446) 184
Comprehensive income (loss) 3,876 3,207 3,242 (10,932) (9,923)
Comprehensive income attributable to noncontrolling interests (72) (51) (47) (32) (30)
Comprehensive income (loss) attributable to SLB 3,804 3,156 3,195 (10,964) (9,953)

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).

Comprehensive income item Description The company
Net income (loss) attributable to SLB The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Schlumberger Ltd. net income (loss) attributable to SLB increased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income (loss) attributable to SLB Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Schlumberger Ltd. comprehensive income (loss) attributable to SLB decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.