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Charges and Credits
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Charges and Credits

2. Charges and Credits

2026

During the first quarter of 2026, SLB recorded $41 million of charges, primarily in connection with the July 2025 acquisition of ChampionX Corporation ("ChampionX") (see Note 4 - Acquisition). These costs are classified in Merger & integration in the Consolidated Statement of Income.

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noncontrolling

 

 

 

 

 

Pretax Charge

 

 

Tax Benefit

 

 

Interests

 

 

Net

 

Merger and integration

$

41

 

 

$

8

 

 

$

2

 

 

$

31

 

 

2025

During the first quarter of 2025, SLB recorded a $158 million charge relating to workforce reductions to realign and optimize its support and service delivery structure. This charge is classified in Restructuring in the Consolidated Statement of Income.

 

During the first quarter of 2025, SLB recorded $48 million of charges in connection with the July 2025 acquisition of ChampionX and the October 2023 acquisition of the Aker Solutions subsea business. These costs are classified in Merger & integration in the Consolidated Statement of Income.

 

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noncontrolling

 

 

 

 

 

Pretax Charge

 

 

Tax Benefit

 

 

Interests

 

 

Net

 

Workforce reductions

$

158

 

 

$

10

 

 

$

-

 

 

$

148

 

Merger and integration

 

48

 

 

 

1

 

 

 

4

 

 

 

43

 

$

206

 

 

$

11

 

 

$

4

 

 

$

191