XML 38 R19.htm IDEA: XBRL DOCUMENT
v3.21.1

Segment Information | 3 Months Ended
--- | ---
Mar. 31, 2021
Segment Reporting [Abstract] |
Segment Information | 11. Segment Information
|  |  |  |  | (Stated in millions) |
| First Quarter 2021 |  |  | First Quarter 2020 |
|  |  |  |  | Income |  |  |  |  |  |  | Income (Loss) |
|  |  |  |  | Before |  |  |  |  |  |  | Before |
| Revenue |  |  | Taxes |  |  | Revenue |  |  | Taxes |
Digital & Integration | $ | 773 |  |  | $ | 247 |  |  | $ | 885 |  |  | $ | 151 |
Reservoir Performance |  | 1,002 |  |  |  | 102 |  |  |  | 1,969 |  |  |  | 134 |
Well Construction |  | 1,935 |  |  |  | 209 |  |  |  | 2,815 |  |  |  | 331 |
Production Systems |  | 1,590 |  |  |  | 138 |  |  |  | 1,912 |  |  |  | 191 |
Eliminations & other |  | (77 | ) |  |  | (32 | ) |  |  | (126 | ) |  |  | (31 | )
|  |  |  |  |  | 664 |  |  |  |  |  |  |  | 776 |
Corporate & other (1) |  |  |  |  |  | (150 | ) |  |  |  |  |  |  | (228 | )
Interest income (2) |  |  |  |  |  | 4 |  |  |  |  |  |  |  | 15 |
Interest expense (3) |  |  |  |  |  | (132 | ) |  |  |  |  |  |  | (129 | )
Charges and credits (4) |  |  |  |  |  | - |  |  |  |  |  |  |  | (8,523 | )
| $ | 5,223 |  |  | $ | 386 |  |  | $ | 7,455 |  |  | $ | (8,089 | )
(1) | Comprised principally of certain corporate expenses not allocated to the segments, stock-based compensation costs, amortization expense associated with certain intangible assets, certain centrally managed initiatives and other nonoperating items.
(2) | Interest income excludes amounts which are included in the segments’ income ($1 million in 2021; $- million in 2020).
(3) | Interest expense excludes amounts which are included in the segments’ income ($4 million in 2021; $7 million in 2020).
(4) | See Note 2 – Charges and Credits.
Revenue by geographic area was as follows:
| (Stated in millions) |
| First Quarter |
| 2021 |  |  | 2020 |
North America | $ | 972 |  |  | $ | 2,180 |
Latin America |  | 1,038 |  |  |  | 1,046 |
Europe/CIS/Africa |  | 1,256 |  |  |  | 1,752 |
Middle East & Asia |  | 1,917 |  |  |  | 2,427 |
Eliminations & other |  | 40 |  |  |  | 50 |
| $ | 5,223 |  |  | $ | 7,455 |
North America and International revenue disaggregated by segment was as follows:
|  |  |  |  |  |  |  |  | (Stated in millions) |
| First Quarter 2021 |
| North |  |  |  |  |  |  | Eliminations |  |  |  |  |
| America |  |  | International |  |  | & other |  |  | Total |
Digital & Integration | $ | 161 |  |  | $ | 610 |  |  | $ | 2 |  |  | $ | 773 |
Reservoir Performance |  | 78 |  |  |  | 922 |  |  |  | 2 |  |  |  | 1,002 |
Well Construction |  | 310 |  |  |  | 1,577 |  |  |  | 48 |  |  |  | 1,935 |
Production Systems |  | 420 |  |  |  | 1,161 |  |  |  | 9 |  |  |  | 1,590 |
Eliminations & other |  | 3 |  |  |  | (59 | ) |  |  | (21 | ) |  |  | (77 | )
| $ | 972 |  |  | $ | 4,211 |  |  | $ | 40 |  |  | $ | 5,223 |
| First Quarter 2020 |
| North |  |  |  |  |  |  | Eliminations |  |  |  |  |
| America |  |  | International |  |  | & other |  |  | Total |
Digital & Integration | $ | 152 |  |  | $ | 731 |  |  | $ | 2 |  |  | $ | 885 |
Reservoir Performance |  | 718 |  |  |  | 1,249 |  |  |  | 2 |  |  |  | 1,969 |
Well Construction |  | 635 |  |  |  | 2,124 |  |  |  | 56 |  |  |  | 2,815 |
Production Systems |  | 690 |  |  |  | 1,203 |  |  |  | 19 |  |  |  | 1,912 |
Eliminations & other |  | (15 | ) |  |  | (82 | ) |  |  | (29 | ) |  |  | (126 | )
| $ | 2,180 |  |  | $ | 5,225 |  |  | $ | 50 |  |  | $ | 7,455 |
Revenue in excess of billings related to contracts where revenue is recognized over time was $0.2 billion at both March 31, 2021 and December 31, 2020. Such amounts are included within Receivables less allowance for doubtful accounts in the Consolidated Balance Sheet. Due to the nature of its business, Schlumberger does not have significant backlog. Total backlog was $2.7 billion at March 31, 2021, of which approximately 45% is expected to be recognized as revenue over the next 12 months. Billings and cash collections in excess of revenue was $1.0 billion at March 31, 2021 and $0.9 billion at December 31, 2020. Such amounts are included within Accounts payable and accrued liabilities in the Consolidated Balance Sheet.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration