Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Schlumberger Ltd., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash	2,900)	1,655)	1,757)	844)	1,137)
Short-term investments	1,089)	1,239)	1,382)	2,162)	1,030)
Receivables less allowance for doubtful accounts	7,812)	7,032)	5,315)	5,247)	7,747)
Inventories	4,387)	3,999)	3,272)	3,354)	4,130)
Other current assets	1,530)	1,078)	928)	1,312)	1,486)
Current assets	17,718)	15,003)	12,654)	12,919)	15,530)
Investments in affiliated companies	1,624)	1,581)	2,044)	2,061)	1,565)
Fixed assets less accumulated depreciation	7,240)	6,607)	6,429)	6,826)	9,270)
Goodwill	14,084)	12,982)	12,990)	12,980)	16,042)
Intangible assets	3,239)	2,992)	3,211)	3,455)	7,089)
Investments in APS projects	2,111)	2,023)	1,786)	1,713)	—)
Pension and other postretirement plan assets	629)	904)	1,034)	360)	—)
Operating lease assets	718)	538)	553)	710)	1,300)
Exploration data costs capitalized	151)	141)	154)	317)	568)
Fair value of hedge contracts	65)	1)	66)	427)	—)
Other	378)	363)	590)	666)	4,948)
Other assets	4,052)	3,970)	4,183)	4,193)	6,816)
Non-current assets	30,239)	28,132)	28,857)	29,515)	40,782)
Total assets	47,957)	43,135)	41,511)	42,434)	56,312)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Schlumberger Ltd. current assets increased from 2021 to 2022 and from 2022 to 2023.
Fixed assets less accumulated depreciation	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Schlumberger Ltd. fixed assets less accumulated depreciation increased from 2021 to 2022 and from 2022 to 2023.
Non-current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Schlumberger Ltd. non-current assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Schlumberger Ltd. total assets increased from 2021 to 2022 and from 2022 to 2023.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Short-term investments	Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.	Schlumberger Ltd. short-term investments decreased from 2021 to 2022 and from 2022 to 2023.
Receivables less allowance for doubtful accounts	The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value.	Schlumberger Ltd. receivables less allowance for doubtful accounts increased from 2021 to 2022 and from 2022 to 2023.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Schlumberger Ltd. inventories increased from 2021 to 2022 and from 2022 to 2023.

Schlumberger Ltd. (NYSE:SLB)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items