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Charges and Credits (Tables)
12 Months Ended
Dec. 31, 2013
Summary of the Charges

Schlumberger recorded the following charges and credits in continuing operations during 2013, 2012 and 2011:

2013

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

Pretax

 

 

Tax

 

  

Net

 

 

Consolidated Statement
of Income 
Classification

Gain on formation of OneSubsea joint venture

$

(1,028

)

 

$

— 

  

  

$

(1,028

)

 

Gain on formation of OneSubsea

Impairment of equity-method investments

 

364

  

 

 

19

  

  

 

345

  

 

Impairment & other

Provision for accounts receivable

 

152

 

 

 

30

 

 

 

122

 

 

Cost of revenue

Currency devaluation loss in Venezuela

 

92

  

 

 

— 

  

  

 

92

  

 

Impairment & other

 

$

(420

)

 

$

49

  

  

$

(469

)

 

 

 

2012

 

(Stated in millions)

 

  

 

 

 

 

 

 

 

Pretax

 

  

Tax

 

  

Net

 

  

Consolidated Statement
of Income 
Classification

Merger-related integration costs

$

128

  

  

$

16

  

  

$

112

  

  

Merger & integration

Workforce reduction

 

33

  

  

 

6

  

  

 

27

  

  

Impairment & other

 

$

161

  

  

$

22

  

  

$

139

  

  

 

2011

 

(Stated in millions)

 

  

 

 

 

 

 

 

 

Pretax

 

  

Tax

 

  

Net

 

  

Consolidated Statement
of Income 
Classification

Merger-related integration costs

$

113

  

  

$

18

  

  

$

95

  

  

Merger & integration

Donation to the Schlumberger Foundation

 

50

  

  

 

10

  

  

 

40

  

  

General & administrative

Write-off of assets in Libya

 

60

  

  

 

—  

  

  

 

60

  

  

Cost of revenue

 

$

223

  

  

$

28

  

  

$

195