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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Total Revenue $ 9,159 $ 8,310 $ 27,005 $ 24,145
Interest & other income 96 73 265 247
Expenses        
Research & engineering 187 186 557 524
General & administrative 90 81 305 268
Restructuring 65   176  
Merger & integration 33   60  
Interest 136 129 381 373
Income before taxes 1,507 1,395 4,285 3,849
Tax expense 289 259 824 722
Net income 1,218 1,136 3,461 3,127
Net income attributable to noncontrolling interests 32 13 95 36
Net income attributable to SLB $ 1,186 $ 1,123 $ 3,366 $ 3,091
Basic income per share of SLB $ 0.84 $ 0.79 $ 2.36 $ 2.17
Diluted income per share of SLB $ 0.83 $ 0.78 $ 2.34 $ 2.14
Average shares outstanding:        
Basic 1,417 1,424 1,425 1,424
Assuming dilution 1,432 1,442 1,441 1,442
Services        
Revenue        
Total Revenue $ 5,841 $ 5,719 $ 17,419 $ 16,616
Expenses        
Cost of services and sales 4,465 4,360 13,403 12,777
Product        
Revenue        
Total Revenue 3,318 2,591 9,586 7,529
Expenses        
Cost of services and sales $ 2,772 $ 2,232 $ 8,103 $ 6,601