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CONSOLIDATED STATEMENT OF INCOME (LOSS) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Total Revenue $ 5,356 $ 8,269 $ 12,811 $ 16,149
Interest & other income 33 25 72 39
Expenses        
Research & engineering 142 179 315 351
General & administrative 81 114 208 225
Impairments & other 3,724   12,247  
Interest 144 156 281 302
Income (loss) before taxes (3,627) 593 (11,716) 1,101
Tax expense (benefit) (199) 99 (920) 178
Net income (loss) (3,428) 494 (10,796) 923
Net income attributable to noncontrolling interests 6 2 14 10
Net income (loss) attributable to Schlumberger $ (3,434) $ 492 $ (10,810) $ 913
Basic earnings (loss) per share of Schlumberger $ (2.47) $ 0.36 $ (7.79) $ 0.66
Diluted earnings (loss) per share of Schlumberger $ (2.47) $ 0.35 $ (7.79) $ 0.65
Average shares outstanding:        
Basic 1,388 1,384 1,388 1,385
Assuming dilution 1,388 1,395 1,388 1,396
Services        
Revenue        
Total Revenue $ 3,721 $ 6,153 $ 9,147 $ 12,059
Expenses        
Cost of services and sales 3,383 5,308 8,109 10,422
Product        
Revenue        
Total Revenue 1,635 2,116 3,664 4,090
Expenses        
Cost of services and sales $ 1,542 $ 1,944 $ 3,439 $ 3,787