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Pension and Other Postretirement Benefit Plans
3 Months Ended
Mar. 31, 2015
Compensation And Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefit Plans

14.   Pension and Other Postretirement Benefit Plans

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

 

(Stated in millions)

 

 

 

First Quarter

 

 

 

2015

 

 

2014

 

 

 

US

 

 

Int’l

 

 

US

 

 

Int’l

 

 

Service cost — benefits earned during period

$

22

 

 

$

49

 

 

$

19

 

 

$

31

 

 

Interest cost on projected benefit obligation

 

41

 

 

 

74

 

 

 

41

 

 

 

72

 

 

Expected return on plan assets

 

(56

)

 

 

(128

)

 

 

(52

)

 

 

(113

)

 

Amortization of prior service cost

 

5

 

 

 

30

 

 

 

3

 

 

 

30

 

 

Amortization of net loss

 

31

 

 

 

38

 

 

 

20

 

 

 

20

 

 

 

$

43

 

 

$

63

 

 

$

31

 

 

$

40

 

 

 

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

 

(Stated in millions)

 

First Quarter

 

 

 

2015

 

 

2014

 

 

Service cost — benefits earned during period

$

11

 

 

$

11

 

 

Interest cost on accumulated postretirement benefit obligation

 

13

 

 

 

15

 

 

Expected return on plan assets

 

(13

)

 

 

(11

)

 

Amortization of prior service credit

 

(8

)

 

 

(1

)

 

Amortization of net loss

 

5

 

 

 

1

 

 

 

$

8

 

 

$

15