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Pension and Other Postretirement Benefit Plans
9 Months Ended
Sep. 30, 2014
Compensation And Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefit Plans

15. Pension and Other Postretirement Benefit Plans

Net pension cost for the Schlumberger pension plans included the following components:

 

 

(Stated in millions)

 

 

Third Quarter

 

 

Nine Months

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

Service cost — benefits earned during period

$

19

 

 

$

38

 

 

$

19

 

 

$

28

 

 

$

54

 

 

$

98

 

 

$

60

 

 

$

95

 

Interest cost on projected benefit obligation

 

47

 

 

 

90

 

 

 

38

 

 

 

65

 

 

 

123

 

 

 

218

 

 

 

113

 

 

 

189

 

Expected return on plan assets

 

(60

)

 

 

(143

)

 

 

(47

)

 

 

(88

)

 

 

(156

)

 

 

(343

)

 

 

(150

)

 

 

(288

)

Amortization of prior service cost

 

3

 

 

 

38

 

 

 

3

 

 

 

29

 

 

 

9

 

 

 

90

 

 

 

9

 

 

 

88

 

Amortization of net loss

 

17

 

 

 

18

 

 

 

28

 

 

 

43

 

 

 

61

 

 

 

70

 

 

 

91

 

 

 

117

 

 

$

26

 

 

$

41

 

 

$

41

 

 

$

77

 

 

$

91

 

 

$

133

 

 

$

123

 

 

$

201

 

 

The net periodic benefit cost for the Schlumberger US postretirement medical plan included the following components:

 

 

(Stated in millions)

 

 

Third Quarter

 

 

Nine Months

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Service cost — benefits earned during period

$

10

 

 

$

12

 

 

$

32

 

 

$

36

 

Interest cost on accumulated postretirement benefit obligation

 

15

 

 

 

14

 

 

 

45

 

 

 

42

 

Expected return on plan assets

 

(12

)

 

 

(9

)

 

 

(33

)

 

 

(28

)

Amortization of prior service cost

 

(1

)

 

 

(1

)

 

 

(3

)

 

 

(3

)

Amortization of net loss

 

(3

)

 

 

2

 

 

 

1

 

 

 

17

 

 

$

9

 

 

$

18

 

 

$

42

 

 

$

64