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CONSOLIDATED STATEMENT OF INCOME (LOSS) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue        
Services $ 5,477 $ 4,955 $ 10,414 $ 10,718
Product sales 1,985 2,209 3,942 2,966
Total Revenue 7,462 7,164 14,356 13,684
Interest & other income 62 54 108 98
Expenses        
Cost of services 4,624 4,332 8,875 9,127
Cost of sales 1,844 2,133 3,669 2,798
Research & engineering 196 257 406 497
General & administrative 110 103 208 213
Impairments & other 510 2,573 510 2,573
Merger & integration 81 185 164 185
Interest 142 149 281 282
Income (loss) before taxes 17 (2,514) 351 (1,893)
Taxes on income (loss) 98 (368) 148 (270)
Net income (loss) (81) (2,146) 203 (1,623)
Net income (loss) attributable to noncontrolling interests (7) 14 (2) 36
Net income (loss) attributable to Schlumberger $ (74) $ (2,160) $ 205 $ (1,659)
Basic earnings (loss) per share of Schlumberger $ (0.05) $ (1.56) $ 0.15 $ (1.26)
Diluted earnings (loss) per share of Schlumberger $ (0.05) $ (1.56) $ 0.15 $ (1.26)
Average shares outstanding:        
Basic 1,387 1,389 1,390 1,321
Assuming dilution 1,387 1,389 1,397 1,321