XML 55 R35.htm IDEA: XBRL DOCUMENT
v3.24.4

Acquisition (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Business Combinations [Abstract] |
Schedule of Estimated Fair Value of Assets Acquired and Liabilities Assumed | The following amounts represent the estimated fair value of assets acquired and liabilities assumed in connection with the formation of the joint venture.
(Stated in millions) |
Cash | $ | 48 |
Accounts receivable |  | 355 |
Inventories (1) |  | 192 |
Other current assets |  | 237 |
Fixed assets |  | 168 |
Intangible assets (weighted average life of 18 years) |  | 390 |
Accounts payable and accrued liabilities |  | (915 | )
Deferred taxes |  | (127 | )
Other liabilities |  | (1 | )
Total identifiable net assets | $ | 347 |
Goodwill (2) |  | 966 |
Total consideration transferred | $ | 1,313 |
(1) SLB recorded an adjustment of $54 million to write-up the acquired inventory to its estimated fair value. SLB’s Cost of sales reflected this increased valuation as the acquired inventory was sold. $11 million of this adjustment was expensed as of December 31, 2023 and the remaining $43 million was expensed in 2024. See Note 3 – Charges and Credits. (2) The goodwill recognized is primarily attributable to intangible assets that do not qualify for separate recognition as well as expected synergies from combining the subsea operations of SLB and Aker. None of the goodwill is deductible for income tax purposes.

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

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration