Stock Analysis on Net

Schlumberger Ltd. (NYSE:SLB)

Balance Sheet: Liabilities and Stockholders’ Equity

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Schlumberger Ltd., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Trade accounts payable 4,230 4,613 3,921 3,205 2,937
Payroll, vacation and employee benefits 1,475 1,625 1,493 1,377 1,524
Billings and cash collections in excess of revenue 2,007 1,996 1,157 1,088 941
Other 2,663 2,670 2,550 2,712 3,040
Accounts payable and accrued liabilities 10,375 10,904 9,121 8,382 8,442
Estimated liability for taxes on income 982 994 1,002 879 1,015
Short-term borrowings and current portion of long-term debt 1,051 1,123 1,632 909 850
Dividends payable 403 374 263 189 184
Current liabilities 12,811 13,395 12,018 10,359 10,491
Long-term debt, excluding current portion 11,023 10,842 10,594 13,286 16,036
Postretirement benefits 512 175 165 231 1,049
Deferred taxes 67 140 61 94 19
Other liabilities 2,172 2,046 2,308 2,255 2,350
Non-current liabilities 13,774 13,203 13,128 15,866 19,454
Total liabilities 26,585 26,598 25,146 26,225 29,945
Common stock 11,458 11,624 11,837 12,608 12,970
Treasury stock (1,773) (678) (1,016) (2,233) (3,033)
Retained earnings 16,395 13,497 10,719 8,199 7,018
Accumulated other comprehensive loss (4,950) (4,254) (3,855) (3,570) (4,884)
Total SLB stockholders’ equity 21,130 20,189 17,685 15,004 12,071
Noncontrolling interests 1,220 1,170 304 282 418
Total equity 22,350 21,359 17,989 15,286 12,489
Total liabilities and equity 48,935 47,957 43,135 41,511 42,434

Based on: 10-K (reporting date: 2024-12-31), 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).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Schlumberger Ltd. current liabilities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Schlumberger Ltd. non-current liabilities increased from 2022 to 2023 and from 2023 to 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Schlumberger Ltd. total liabilities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Total SLB stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Schlumberger Ltd. total SLB stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.