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Charges and Credits (Tables)
 6 Months Ended
Jun. 30, 2020
Restructuring And Related Activities [Abstract]  
Summary of Charges and Credits

Schlumberger recorded the following charges and credits during 2020, all of which are classified in Impairments & other in the Consolidated Statement of Income (Loss):

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pretax

 

 

Tax

 

 

Net

 

First quarter:

 

 

 

 

 

 

 

 

 

 

 

Goodwill

$

3,070

 

 

$

-

 

 

$

3,070

 

Intangible asset impairments

 

3,321

 

 

 

(815

)

 

 

2,506

 

Asset Performance Solutions investments

 

1,264

 

 

 

4

 

 

 

1,268

 

North America pressure pumping impairment

 

587

 

 

 

(133

)

 

 

454

 

Workforce reductions

 

202

 

 

 

(7

)

 

 

195

 

Other

 

79

 

 

 

(9

)

 

 

70

 

Valuation allowance

 

-

 

 

 

164

 

 

 

164

 

Second quarter:

 

 

 

 

 

 

 

 

 

 

 

Workforce reductions

 

1,021

 

 

 

(71

)

 

 

950

 

Asset Performance Solutions investments

 

730

 

 

 

(15

)

 

 

715

 

Fixed asset impairments

 

666

 

 

 

(52

)

 

 

614

 

Inventory write-downs

 

603

 

 

 

(49

)

 

 

554

 

Right-of-use asset impairments

 

311

 

 

 

(67

)

 

 

244

 

Costs associated with exiting certain activities

 

205

 

 

 

25

 

 

 

230

 

Multiclient seismic data impairment

 

156

 

 

 

(2

)

 

 

154

 

Repurchase of bonds

 

40

 

 

 

(2

)

 

 

38

 

Postretirement benefits curtailment gain

 

(69

)

 

 

16

 

 

 

(53

)

Other

 

61

 

 

 

(4

)

 

 

57

 

 

$

12,247

 

 

$

(1,017

)

 

$

11,230