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Charges and Credits (Tables)
6 Months Ended
Jun. 30, 2021
Restructuring And Related Activities [Abstract]  
Summary of Charges and Credits

Schlumberger did not record any charges or credits during the first six months of 2021.

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

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pretax

 

 

Tax

 

 

Net

 

First quarter:

 

 

 

 

 

 

 

 

 

 

 

Goodwill

$

3,070

 

 

$

-

 

 

$

3,070

 

Intangible assets

 

3,321

 

 

 

815

 

 

 

2,506

 

Asset Performance Solutions investments

 

1,264

 

 

 

(4

)

 

 

1,268

 

North American pressure pumping

 

587

 

 

 

133

 

 

 

454

 

Severance

 

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