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CONSOLIDATED STATEMENT OF INCOME (LOSS) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue        
Total Revenue $ 8,303 $ 7,462 $ 16,131 $ 14,356
Interest & other income 40 62 82 108
Expenses        
Research & engineering 175 196 347 406
General & administrative 114 110 225 208
Impairments & other 184 510 184 510
Merger & integration   81   164
Interest 144 142 287 281
Income before taxes 547 17 1,190 351
Tax expense 106 98 219 148
Net income (loss) 441 (81) 971 203
Net income (loss) attributable to noncontrolling interests 11 (7) 16 (2)
Net income (loss) attributable to Schlumberger $ 430 $ (74) $ 955 $ 205
Basic earnings (loss) per share of Schlumberger $ 0.31 $ (0.05) $ 0.69 $ 0.15
Diluted earnings (loss) per share of Schlumberger $ 0.31 $ (0.05) $ 0.69 $ 0.15
Average shares outstanding:        
Basic 1,384 1,387 1,385 1,390
Assuming dilution 1,392 1,387 1,393 1,397
Services        
Revenue        
Total Revenue $ 6,141 $ 5,477 $ 11,876 $ 10,414
Expenses        
Cost of services and sales 5,196 4,624 10,076 8,875
Product        
Revenue        
Total Revenue 2,162 1,985 4,255 3,942
Expenses        
Cost of services and sales $ 1,983 $ 1,844 $ 3,904 $ 3,669