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Pension and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2021
Compensation And Retirement Disclosure [Abstract]  
Net Pension (Credit) Cost for Schlumberger Pension Plans and US Postretirement Medical Plan

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

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

 

Six Months

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

US

 

 

Int’l

 

 

US

 

 

Int’l

 

 

US

 

 

Int’l

 

 

US

 

 

Int’l

 

Service cost

$

12

 

 

$

34

 

 

$

16

 

 

$

37

 

 

$

23

 

 

$

67

 

 

$

31

 

 

$

74

 

Interest cost

 

31

 

 

 

63

 

 

 

38

 

 

 

75

 

 

 

63

 

 

 

132

 

 

 

75

 

 

 

150

 

Expected return on plan assets

 

(64

)

 

 

(161

)

 

 

(59

)

 

 

(147

)

 

 

(127

)

 

 

(319

)

 

 

(117

)

 

 

(294

)

Amortization of prior service cost

 

-

 

 

 

-

 

 

 

2

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4

 

 

 

-

 

Amortization of net loss

 

11

 

 

 

59

 

 

 

11

 

 

 

39

 

 

 

22

 

 

 

111

 

 

 

22

 

 

 

79

 

 

$

(10

)

 

$

(5

)

 

$

8

 

 

$

4

 

 

$

(19

)

 

$

(9

)

 

$

15

 

 

$

9

 

 

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

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Second Quarter

 

 

Six Months

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Service cost

$

6

 

 

$

9

 

 

$

13

 

 

$

18

 

Interest cost

 

8

 

 

 

10

 

 

 

16

 

 

 

20

 

Expected return on plan assets

 

(12

)

 

 

(17

)

 

 

(26

)

 

 

(34

)

Amortization of prior service credit

 

(6

)

 

 

(7

)

 

 

(11

)

 

 

(14

)

Curtailment gain

 

-

 

 

 

(69

)

 

 

-

 

 

 

(69

)

 

$

(4

)

 

$

(74

)

 

$

(8

)

 

$

(79

)