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CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue        
Total Revenue $ 8,269 $ 8,303 $ 16,149 $ 16,131
Interest & other income 25 40 39 82
Expenses        
Research & engineering 179 175 351 347
General & administrative 114 114 225 225
Impairments & other   184   184
Interest 156 144 302 287
Income before taxes 593 547 1,101 1,190
Tax expense 99 106 178 219
Net income 494 441 923 971
Net income attributable to noncontrolling interests 2 11 10 16
Net income attributable to Schlumberger $ 492 $ 430 $ 913 $ 955
Basic earnings per share of Schlumberger $ 0.36 $ 0.31 $ 0.66 $ 0.69
Diluted earnings per share of Schlumberger $ 0.35 $ 0.31 $ 0.65 $ 0.69
Average shares outstanding:        
Basic 1,384 1,384 1,385 1,385
Assuming dilution 1,395 1,392 1,396 1,393
Services        
Revenue        
Total Revenue $ 6,153 $ 6,141 $ 12,059 $ 11,876
Expenses        
Cost of services and sales 5,308 5,196 10,422 10,076
Product        
Revenue        
Total Revenue 2,116 2,162 4,090 4,255
Expenses        
Cost of services and sales $ 1,944 $ 1,983 $ 3,787 $ 3,904