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Charges and Credits (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Summary of Charges and Credits

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

 

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