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Pension and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2020
Compensation And Retirement Disclosure [Abstract]  
Net Pension Cost (Credit) for Schlumberger Pension Plans and US Postretirement Medical Plan

Net pension cost (credit) for the Schlumberger pension plans included the following components:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

 

Six Months

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

Service cost

$

16

 

 

$

37

 

 

$

13

 

 

$

32

 

 

$

31

 

 

$

74

 

 

$

27

 

 

$

64

 

Interest cost

 

38

 

 

 

75

 

 

 

46

 

 

 

83

 

 

 

75

 

 

 

150

 

 

 

91

 

 

 

166

 

Expected return on plan assets

 

(59

)

 

 

(147

)

 

 

(57

)

 

 

(148

)

 

 

(117

)

 

 

(294

)

 

 

(115

)

 

 

(298

)

Amortization of prior service cost

 

2

 

 

 

-

 

 

 

2

 

 

 

2

 

 

 

4

 

 

 

-

 

 

 

4

 

 

 

4

 

Amortization of net loss

 

11

 

 

 

39

 

 

 

8

 

 

 

15

 

 

 

22

 

 

 

79

 

 

 

16

 

 

 

31

 

 

$

8

 

 

$

4

 

 

$

12

 

 

$

(16

)

 

$

15

 

 

$

9

 

 

$

23

 

 

$

(33

)

 

The net periodic benefit credit for the Schlumberger US postretirement medical plan included the following components:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

 

Six Months

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

$

9

 

 

$

7

 

 

$

18

 

 

$

15

 

Interest cost

 

10

 

 

 

12

 

 

 

20

 

 

 

24

 

Expected return on plan assets

 

(17

)

 

 

(17

)

 

 

(34

)

 

 

(33

)

Amortization of prior service credit

 

(7

)

 

 

(7

)

 

 

(14

)

 

 

(14

)

Curtailment gain

 

(69

)

 

 

-

 

 

 

(69

)

 

 

-

 

 

$

(74

)

 

$

(5

)

 

$

(79

)

 

$

(8

)