Schlumberger Limited (SLB) 10-Q27 Jul 222022 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2022 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Registrant Name	SCHLUMBERGER LIMITED/NV
Entity Central Index Key	0000087347
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	1,414,388,264
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity File Number	1-4601
Entity Tax Identification Number	52-0684746
Entity Address, Address Line One	5599 San Felipe
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Incorporation, State or Country Code	P8
Entity Address, Country	US
Entity Address, Postal Zip Code	77056
City Area Code	713
Local Phone Number	513-2000
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	common stock, par value $0.01 per share
Security Exchange Name	NYSE
Trading Symbol	SLB

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue
Total Revenue	$ 6,773	$ 5,634	$ 12,735	$ 10,857
Interest & other income	311	16	361	35
Expenses
Research & engineering	154	134	295	268
General & administrative	86	70	183	150
Interest	124	136	247	272
Income before taxes	1,152	542	1,790	928
Tax expense	182	99	300	173
Net income	970	443	1,490	755
Net income attributable to noncontrolling interests	11	12	21	25
Net income attributable to Schlumberger	$ 959	$ 431	$ 1,469	$ 730
Basic income per share of Schlumberger	$ 0.68	$ 0.31	$ 1.04	$ 0.52
Diluted income per share of Schlumberger	$ 0.67	$ 0.30	$ 1.02	$ 0.51
Average shares outstanding:
Basic	1,414	1,398	1,413	1,398
Assuming dilution	1,436	1,421	1,435	1,420
Services
Revenue
Total Revenue	$ 4,732	$ 3,789	$ 8,954	$ 7,271
Expenses
Cost of services and sales	3,720	3,223	7,107	6,255
Product
Revenue
Total Revenue	2,041	1,845	3,781	3,586
Expenses
Cost of services and sales	$ 1,848	$ 1,545	$ 3,474	$ 3,019

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 970	$ 443	$ 1,490	$ 755
Currency translation adjustments
Unrealized net change arising during the period	216	(38)	110	(24)
Cash flow hedges
Net gain (loss) on cash flow hedges	63	(128)	72	22
Reclassification to net income of net realized gain	(114)	(3)	(97)	(5)
Pension and other postretirement benefit plans
Amortization to net income of net actuarial loss	14	70	30	133
Amortization to net income of net prior service credit	(6)	(6)	(11)	(11)
Income taxes on pension and other postretirement benefit plans	2	(3)	2	(3)
Other		(4)		(4)
Comprehensive income	1,145	331	1,596	863
Comprehensive income attributable to noncontrolling interests	11	12	21	25
Comprehensive income attributable to Schlumberger	$ 1,134	$ 319	$ 1,575	$ 838

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current Assets
Cash	$ 1,893	$ 1,757
Short-term investments	923	1,382
Receivables less allowance for doubtful accounts (2022 - $337; 2021 - $319)	6,247	5,315
Inventories	3,968	3,272
Other current assets	1,285	928
Current assets total	14,316	12,654
Investments in Affiliated Companies	1,767	2,044
Fixed Assets less accumulated depreciation	6,386	6,429
Goodwill	13,009	12,990
Intangible Assets	3,102	3,211
Other Assets	4,247	4,183
Total Assets	42,827	41,511
Current Liabilities
Accounts payable and accrued liabilities	8,528	8,382
Estimated liability for taxes on income	884	879
Short-term borrowings and current portion of long-term debt	901	909
Dividends payable	270	189
Current Liabilities Total	10,583	10,359
Long-term Debt	12,946	13,286
Postretirement Benefits	232	231
Deferred Taxes	99	94
Other Liabilities	2,342	2,255
Total Liabilities	26,202	26,225
Equity
Common stock	11,981	12,608
Treasury stock	(1,436)	(2,233)
Retained earnings	9,244	8,199
Accumulated other comprehensive loss	(3,464)	(3,570)
Schlumberger stockholders’ equity	16,325	15,004
Noncontrolling interests	300	282
Total equity	16,625	15,286
Liabilities and stockholders equity	$ 42,827	$ 41,511

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts on receivable	$ 337	$ 319

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income		$ 1,490	$ 755
Adjustments to reconcile net income to cash provided by operating activities:
Gain on sale of Liberty shares		(242)
Gain on sale of real estate		(43)
Depreciation and amortization	[1]	1,065	1,058
Deferred taxes		11	(18)
Stock-based compensation expense		160	156
Earnings of equity method investments, less dividends received		(22)	(15)
Change in assets and liabilities:
Increase in receivables		(887)	(114)
(Increase) decrease in inventories		(652)	86
(Increase) decrease in other current assets		(240)	538
Increase in other assets	[2]	(26)	(28)
Decrease in accounts payable and accrued liabilities		(57)	(700)
Decrease in estimated liability for taxes on income		(48)	(91)
Increase in other liabilities		4	13
Other	[2]	26	9
NET CASH PROVIDED BY OPERATING ACTIVITIES		539	1,649
Cash flows from investing activities:
Capital expenditures		(664)	(421)
APS investments		(311)	(188)
Exploration data costs capitalized		(64)	(12)
Business acquisitions and investments, net of cash acquired		(8)	(35)
Proceeds from sale of Liberty shares		513
Proceeds from sale of real estate		120
Sale of short-term investments, net		457	921
Other		(76)	(39)
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES		(33)	226
Cash flows from financing activities:
Dividends paid		(352)	(349)
Taxes paid on net settled stock-based compensation awards		(85)	(18)
Proceeds from employee stock purchase plan		64	62
Proceeds from exercise of stock options		29
Proceeds from issuance of long-term debt			34
Repayment of long-term debt			(887)
Net decrease in short-term borrowings		(11)	(83)
Other		(3)	(41)
NET CASH USED IN FINANCING ACTIVITIES		(358)	(1,282)
Net increase in cash before translation effect		148	593
Translation effect on cash		(12)	2
Cash, beginning of period		1,757	844
Cash, end of period		$ 1,893	$ 1,439

[1]Includes depreciation of property, plant and equipment and amortization of intangible assets, exploration data costs, and APS investments.[2]Net of the effect of business acquisitions and divestitures.

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) shares in Millions, $ in Millions	Total	Common Stock Issued	Common Stock In Treasury	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interests
Balance at Dec. 31, 2020	$ 12,489	$ 12,970	$ (3,033)	$ 7,018	$ (4,884)	$ 418
Net income	755			730		25
Currency translation adjustments	(26)				(24)	(2)
Changes in fair value of cash flow hedges	17				17
Pension and other postretirement benefit plans	119				119
Vesting of restricted stock, net of taxes withheld		(174)	174
Shares issued under employee stock purchase plan	62	(202)	264
Stock-based compensation expense	156	156
Dividends declared	(349)			(349)
Deconsolidation of subsidiary	(123)					(123)
Other	(41)	(20)	4		(4)	(21)
Balance at Jun. 30, 2021	13,059	12,730	(2,591)	7,399	(4,776)	297
Balance at Mar. 31, 2021	12,972	12,663	(2,598)	7,142	(4,664)	429
Net income	443			431		12
Currency translation adjustments	(38)				(38)
Changes in fair value of cash flow hedges	(131)				(131)
Pension and other postretirement benefit plans	61				61
Vesting of restricted stock, net of taxes withheld		(3)	3
Stock-based compensation expense	72	72
Dividends declared	(174)			(174)
Deconsolidation of subsidiary	(123)					(123)
Other	(23)	(2)	4		(4)	(21)
Balance at Jun. 30, 2021	13,059	12,730	(2,591)	7,399	(4,776)	297
Balance at Dec. 31, 2021	$ 15,286	$ 12,608	$ (2,233)	8,199	(3,570)	282
Balance, shares at Dec. 31, 2021	1,403	1,434
Treasury shares, Balance at Dec. 31, 2021			(31)
Net income	$ 1,490			1,469		21
Currency translation adjustments	110				110
Changes in fair value of cash flow hedges	(25)				(25)
Pension and other postretirement benefit plans	21				21
Shares sold to optionees, less shares exchanged	$ 29	$ (24)	$ 53
Shares sold to optionees, less shares exchanged, shares	1		1
Vesting of restricted stock, net of taxes withheld	$ (85)	(658)	$ 573
Vesting of restricted stock, shares	8		8
Shares issued under employee stock purchase plan	$ 64	(104)	$ 168
Shares issued under employee stock purchase plan, shares	2		2
Stock-based compensation expense	$ 160	160
Dividends declared	(424)			(424)
Dividends paid to noncontrolling interest	(4)					(4)
Other	3	(1)	$ 3			1
Balance at Jun. 30, 2022	$ 16,625	$ 11,981	$ (1,436)	9,244	(3,464)	300
Balance, shares at Jun. 30, 2022	1,414	1,434
Treasury shares, Balance at Jun. 30, 2022			(20)
Balance at Mar. 31, 2022	$ 15,639	$ 11,957	$ (1,503)	8,532	(3,639)	292
Net income	970			959		11
Currency translation adjustments	216				216
Changes in fair value of cash flow hedges	(51)				(51)
Pension and other postretirement benefit plans	10				10
Shares sold to optionees, less shares exchanged	23	(18)	41
Vesting of restricted stock, net of taxes withheld	(4)	(27)	23
Stock-based compensation expense	71	71
Dividends declared	(247)			(247)
Dividends paid to noncontrolling interest	(4)					(4)
Other	2	(2)	3			1
Balance at Jun. 30, 2022	$ 16,625	$ 11,981	$ (1,436)	$ 9,244	$ (3,464)	$ 300
Balance, shares at Jun. 30, 2022	1,414	1,434
Treasury shares, Balance at Jun. 30, 2022			(20)

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) (Unaudited) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Retained Earnings
Dividends declared, per share	$ 0.175	$ 0.125	$ 0.300	$ 0.250

Basis of Presentation

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	1. Basis of Presentation The accompanying unaudited consolidated financial statements of Schlumberger Limited and its subsidiaries (“Schlumberger”) have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of Schlumberger management, all adjustments considered necessary for a fair statement have been included in the accompanying unaudited financial statements. All intercompany transactions and balances have been eliminated in consolidation. Operating results for the six-month period ended June 30, 2022 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2022. The December 31, 2021 balance sheet information has been derived from the Schlumberger 2021 audited financial statements. For further information, refer to the Consolidated Financial Statements

Charges and Credits

Charges and Credits	6 Months Ended
Charges and Credits	Jun. 30, 2022
Restructuring And Related Activities [Abstract]
Charges and Credits	2. Charges and Credits 2022 Schlumberger recorded the following credits during 2022, all of which are classified in Interest & other income Consolidated Statement of Income (Stated in millions) Pretax Tax Net First quarter: Gain on sale of Liberty shares $ (26 ) $ (4 ) $ (22 ) Second quarter: Gain on sale of Liberty shares (216 ) (13 ) (203 ) Gain on sale of real estate (43 ) (2 ) (41 ) $ (285 ) $ (19 ) $ (266 ) On December 31, 2020, Schlumberger contributed its onshore hydraulic fracturing business in the United States and Canada, including its pressure pumping, pumpdown perforating and Permian frac sand business to Liberty Energy Inc. (“Liberty”) in exchange for an equity interest in Liberty. During the first quarter of 2022, Schlumberger sold 7.2 million of its shares of Liberty and received proceeds of $84 million. During the second quarter of 2022, Schlumberger sold an additional 26.5 million of its shares in Liberty and received proceeds of $429 million. As a result of these transactions Schlumberger recognized a gain of $26 million during the first quarter of 2022 and a gain of $216 million during the second quarter of 2022. As of June 30, 2022, Schlumberger had a 12% equity interest in Liberty. During the second quarter of 2022, Schlumberger sold certain real estate and received proceeds of $120 million. As a result of this transaction, Schlumberger recognized a gain of $43 million. Schlumberger did not record any charges or credits during the first six months of 2021.

Earnings Per Share

Earnings Per Share	6 Months Ended
Earnings Per Share	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings per Share The following is a reconciliation from basic income per share of Schlumberger to diluted income per share of Schlumberger: (Stated in millions, except per share amounts) 2022 2021 Net Income Attributable to Schlumberger Average Shares Outstanding Earnings per Share Net Income Attributable to Schlumberger Average Shares Outstanding Earnings per Share Second Quarter Basic $ 959 1,414 $ 0.68 $ 431 1,398 $ 0.31 Unvested restricted stock - 22 - 23 Diluted $ 959 1,436 $ 0.67 $ 431 1,421 $ 0.30 2022 2021 Net Income Attributable to Schlumberger Average Shares Outstanding Income per Share Net Income Attributable to Schlumberger Average Shares Outstanding Loss per Share Six Months Basic $ 1,469 1,413 $ 1.04 $ 730 $ 1,398 $ 0.52 Unvested restricted stock - 22 - 22 Diluted $ 1,469 1,435 $ 1.02 $ 730 $ 1,420 $ 0.51 The number of outstanding options to purchase shares of Schlumberger common stock that were not included in the computation of diluted income per share, because to do so would have had an antidilutive effect, was as follows: (Stated in millions) Second Quarter Six Months 2022 2021 2022 2021 Employee stock options 26 44 31 44

Inventories

Inventories	6 Months Ended
Inventories	Jun. 30, 2022
Inventory Disclosure [Abstract]
Inventories	4. Inventories A summary of inventories, which are stated at the lower of average cost or net realizable value, is as follows: (Stated in millions) Jun. 30, Dec. 31, 2022 2021 Raw materials & field materials $ 2,013 $ 1,594 Work in progress 563 425 Finished goods 1,392 1,253 $ 3,968 $ 3,272

Fixed Assets

Fixed Assets	6 Months Ended
Fixed Assets	Jun. 30, 2022
Property Plant And Equipment [Abstract]
Fixed Assets	5. Fixed Assets A summary of fixed assets follows: (Stated in millions) Jun. 30, Dec. 31, 2022 2021 Property, plant & equipment $ 29,187 $ 29,077 Less: Accumulated depreciation 22,801 22,648 $ 6,386 $ 6,429 Depreciation expense relating to fixed assets was as follows: (Stated in millions) 2022 2021 Second Quarter $ 340 $ 352 Six Months $ 678 $ 707

Intangible Assets

Intangible Assets	6 Months Ended
Intangible Assets	Jun. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets	6. Intangible Assets The gross book value, accumulated amortization and net book value of intangible assets were as follows: (Stated in millions) Jun. 30, 2022 Dec. 31, 2021 Gross Accumulated Net Book Gross Accumulated Net Book Book Amortization Value Book Value Amortization Value Customer relationships $ 1,691 $ 601 $ 1,090 $ 1,681 $ 551 $ 1,130 Technology/technical know-how 1,261 609 652 1,264 562 702 Tradenames 766 207 559 766 191 575 Other 1,618 817 801 1,578 774 804 $ 5,336 $ 2,234 $ 3,102 $ 5,289 $ 2,078 $ 3,211 Amortization expense charged to income was as follows: (Stated in millions) 2022 2021 Second Quarter $ 75 $ 75 Six Months $ 150 $ 151 Based on the net book value of intangible assets at June 30, 2022, amortization expense for the subsequent five years is estimated to be: remaining two quarters of 2022—$149 million; 2023—$289 million; 2024—$278 million; 2025—$261 million; 2026—$253 million; and 2027—$250 million.

Long-term Debt

Long-term Debt	6 Months Ended
Long-term Debt	Jun. 30, 2022
Debt Disclosure [Abstract]
Long-term Debt	7. Long-term Debt A summary of Long-term Debt (Stated in millions) Jun. 30, Dec. 31, 2022 2021 3.65% Senior Notes due 2023 $ 1,498 $ 1,497 3.90% Senior Notes due 2028 1,460 1,457 2.65% Senior Notes due 2030 1,250 1,250 1.375% Guaranteed Notes due 2026 1,056 1,125 2.00% Guaranteed Notes due 2032 1,050 1,118 0.25% Notes due 2027 951 1,013 0.50% Notes due 2031 950 1,012 4.00% Senior Notes due 2025 930 930 4.30% Senior Notes due 2029 846 846 3.75% Senior Notes due 2024 748 748 1.00% Guaranteed Notes due 2026 632 679 0.00% Notes due 2024 529 563 1.40% Senior Notes due 2025 498 498 7.00% Notes due 2038 203 204 5.95% Notes due 2041 113 113 5.13% Notes due 2043 99 98 4.00% Notes due 2023 79 80 3.70% Notes due 2024 54 55 $ 12,946 $ 13,286 The estimated fair value of Schlumberger’s Long-term Debt, Schlumberger has a €750 million three-year June 2024 In addition to the revolving credit facility described above, at June 30, 2022, Schlumberger had separate committed credit facility agreements aggregating $5.75 billion with commercial banks, all of which was available and unused. These committed facilities support commercial paper programs in the United States and Europe, of which $0.75 billion matures in February 2024, $2.0 billion matures in February 2025, $1.0 billion matures in July 2026 and $2.0 billion matures in February 2027. Interest rates and other terms of borrowing under these lines of credit vary by facility. There were no borrowings under the commercial paper programs at June 30, 2022 and December 31, 2021. Schlumberger Limited fully and unconditionally guarantees the securities issued by certain of its subsidiaries, including securities issued by Schlumberger Investment SA and Schlumberger Finance Canada Ltd., both wholly-owned subsidiaries of Schlumberger.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
Derivative Instruments and Hedging Activities	Jun. 30, 2022
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	8. Derivative Instruments and Hedging Activities As a multinational company, Schlumberger conducts its business in over 120 countries. Schlumberger’s functional currency is primarily the US dollar. Schlumberger is exposed to risks on future cash flows to the extent that the local currency is not the functional currency and expenses denominated in local currency are not equal to revenues denominated in local currency. Schlumberger uses foreign currency forward contracts to provide a hedge against a portion of these cash flow risks. These contracts are accounted for as cash flow hedges, with the changes in the fair value of the hedge recorded on the Consolidated Balance Sheet Accumulated Other Comprehensive Loss. Accumulated Other Comprehensive Loss Schlumberger is also exposed to risks on future cash flows relating to certain of its fixed rate debt denominated in currencies other than the functional currency. Schlumberger uses cross-currency swaps to provide a hedge against these cash flow risks. Included in Other Liabilities 266 Other Assets During 2019, a US-dollar functional currency subsidiary of Schlumberger issued €1.5 billion of Euro-denominated debt. Schlumberger entered into cross-currency swaps for an aggregate notional amount of €1.5 billion in order to hedge changes in the fair value of its €0.5 billion 0.00% Notes due 2024, €0.5 billion 0.25% Notes due 2027 and €0.5 billion 0.50% Notes due 2031. These cross-currency swaps effectively convert the Euro-denominated notes to US-dollar denominated debt with fixed annual interest rates of 2.29%, 2.51% and 2.76%, respectively. During 2020, a US-dollar functional currency subsidiary of Schlumberger issued €0.8 billion of Euro-denominated debt. Schlumberger entered into cross-currency swaps for an aggregate notional amount of €0.8 billion in order to hedge changes in the fair value of its €0.4 billion of 0.25% Notes due 2027 and €0.4 billion of 0.50% Notes due 2031. These cross-currency swaps effectively convert the Euro-denominated notes to US-dollar denominated debt with fixed annual interest rates of 1.87% and 2.20%, respectively. During 2020, a US-dollar functional currency subsidiary of Schlumberger issued €2.0 billion of Euro-denominated debt. Schlumberger entered into cross-currency swaps for an aggregate notional amount of €2.0 billion in order to hedge changes in the fair value of its €1.0 billion of 1.375% Guaranteed Notes due 2026 and €1.0 billion of 2.00% Guaranteed Notes due 2032. These cross-currency swaps effectively convert the swapped portion of the Euro-denominated notes to US-dollar denominated debt with fixed annual interest rates of 2.77% and 3.49%, respectively. During 2020, a Canadian dollar functional currency subsidiary of Schlumberger issued $0.5 billion of US dollar denominated debt. Schlumberger entered into cross-currency swaps for an aggregate notional amount of $0.5 billion in order to hedge changes in the fair value of its $0.5 billion 1.40% Senior Notes due 2025. These cross-currency swaps effectively convert the US dollar notes to Canadian dollar denominated debt with a fixed annual interest rate of 1.73%. During the fourth quarter of 2021 and the first quarter of 2022, Schlumberger entered into derivative contracts that hedge the price of oil relating to approximately 75% of the projected oil production for all of 2022 and a portion of the production for the first quarter of 2023 of one of its Asset Performance Solutions (“APS”) projects. These contracts are accounted for as cash flow hedges, with the changes in fair value of the hedge recorded in Accumulated other comprehensive loss Accumulated other comprehensive loss Accounts payable and accrued liabilities Other current assets was Schlumberger is exposed to changes in the fair value of assets and liabilities denominated in currencies other than the functional currency. While Schlumberger uses foreign currency forward contracts to economically hedge this exposure as it relates to certain currencies, these contracts are not designated as hedges for accounting purposes. Instead, the fair value of the contracts is recorded on the Consolidated Balance Sheet Consolidated Statement of Income, At June 30, 2022, contracts were outstanding for the US dollar equivalent of $7.3 billion in various foreign currencies, of which $5.7 billion relates to hedges of debt denominated in currencies other than the functional currency. Other than the previously mentioned cross-currency swaps and commodity hedges, the fair value of the other outstanding derivatives was not material at June 30, 2022 and December 31, 2021. The effect of derivative instruments designated as cash flow hedges, and those not designated as hedges, on the Consolidated Statement of Income (Stated in millions) Gain (Loss) Recognized in Income Second Quarter Six Months 2022 2021 2022 2021 Consolidated Statement of Income Classification Derivatives designated as cash flow hedges: Cross currency swaps $ (160 ) $ 38 $ (291 ) $ (178 ) Cost of services/sales Commodity contracts (50 ) - (65 ) - Revenue Foreign exchange contracts (5 ) 3 (7 ) 5 Cost of services/sales $ (215 ) $ 41 $ (363 ) $ (173 ) Derivatives not designated as hedges: Foreign exchange contracts $ (27 ) $ (32 ) $ (38 ) $ (26 ) Cost of services/sales

Contingencies

Contingencies	6 Months Ended
Contingencies	Jun. 30, 2022
Commitments And Contingencies Disclosure [Abstract]
Contingencies	9. Contingencies Schlumberger is party to various legal proceedings from time to time. A liability is accrued when a loss is both probable and can be reasonably estimated. Management believes that the probability of a material loss with respect to any currently pending legal proceeding is remote. However, litigation is inherently uncertain and it is not possible to predict the ultimate disposition of any of these proceedings.

Segment Information

Segment Information	6 Months Ended
Segment Information	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Information	10. Segment Information (Stated in millions) Second Quarter 2022 Second Quarter 2021 Income Income Revenue Before Taxes Revenue Before Taxes Digital & Integration $ 955 $ 379 $ 817 $ 274 Reservoir Performance 1,333 195 1,117 156 Well Construction 2,686 470 2,110 272 Production Systems 1,893 171 1,681 171 Eliminations & other (94 ) (56 ) (91 ) (66 ) Pretax segment operating income 1,159 807 Corporate & other (1) (148 ) (138 ) Interest income (2) 3 5 Interest expense (3) (121 ) (132 ) Charges and credits (4) 259 - $ 6,773 $ 1,152 $ 5,634 $ 542 (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) ( 3 ) ( 4 ) Charges and Credits (Stated in millions) Six Months 2022 Six Months 2021 Income Income Revenue Before Taxes Revenue Before Taxes Digital & Integration $ 1,813 $ 671 $ 1,590 $ 521 Reservoir Performance 2,543 355 2,119 258 Well Construction 5,083 858 4,045 482 Production Systems 3,497 285 3,271 309 Eliminations & other (201 ) (115 ) (168 ) (99 ) Pretax segment operating income 2,054 1,471 Corporate & other (1) (313 ) (288 ) Interest income (2) 5 9 Interest expense (3) (241 ) (264 ) Charges and credits (4) 285 - $ 12,735 $ 1,790 $ 10,857 $ 928 (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) (3) (4) Charges and Credits Revenue by geographic area was as follows: (Stated in millions) Second Quarter Six Months 2022 2021 2022 2021 North America $ 1,537 $ 1,083 $ 2,819 $ 2,055 Latin America 1,329 1,057 2,534 2,095 Europe/CIS/Africa 1,691 1,453 3,094 2,709 Middle East & Asia 2,168 2,001 4,192 3,918 Eliminations & other 48 40 96 80 $ 6,773 $ 5,634 $ 12,735 $ 10,857 North America and International revenue disaggregated by segment was as follows: (Stated in millions) Second Quarter 2022 North Eliminations America International & other Total Digital & Integration $ 327 $ 627 $ 1 $ 955 Reservoir Performance 111 1,222 - 1,333 Well Construction 553 2,083 50 2,686 Production Systems 550 1,341 2 1,893 Eliminations & other (4 ) (85 ) (5 ) (94 ) $ 1,537 $ 5,188 $ 48 $ 6,773 Second Quarter 2021 North Eliminations America International & other Total Digital & Integration $ 191 $ 625 $ 1 $ 817 Reservoir Performance 79 1,038 - 1,117 Well Construction 352 1,708 50 2,110 Production Systems 458 1,220 3 1,681 Eliminations & other 3 (80 ) (14 ) (91 ) $ 1,083 $ 4,511 $ 40 $ 5,634 Six Months 2022 North Eliminations America International & other Total Digital & Integration $ 552 $ 1,258 $ 3 $ 1,813 Reservoir Performance 214 2,326 3 2,543 Well Construction 1,038 3,948 97 5,083 Production Systems 1,023 2,468 6 3,497 Eliminations & other (8 ) (180 ) (13 ) (201 ) $ 2,819 $ 9,820 $ 96 $ 12,735 Six Months 2021 North Eliminations America International & other Total Digital & Integration $ 352 $ 1,235 $ 3 $ 1,590 Reservoir Performance 157 1,960 2 2,119 Well Construction 663 3,285 97 4,045 Production Systems 878 2,382 11 3,271 Eliminations & other 5 (140 ) (33 ) (168 ) $ 2,055 $ 8,722 $ 80 $ 10,857 Revenue in excess of billings related to contracts where revenue is recognized over time was $0.3 billion at both June 30, 2022 and December 31, 2021. Such amounts are included within Receivables less allowance for doubtful accounts Consolidated Balance Sheet Due to the nature of its business, Schlumberger does not have significant backlog. Total backlog was $3.1 billion at June 30, 2022, of which approximately 60% is expected to be recognized as revenue over the next 12 months. Billings and cash collections in excess of revenue was $1.3 billion at June 30, 2022 and $1.1 billion at December 31, 2021. Such amounts are included within Accounts payable and accrued liabilities Consolidated Balance Sheet

Charges and Credits (Table)

Charges and Credits (Table)	6 Months Ended
Charges and Credits (Table)	Jun. 30, 2022
Restructuring And Related Activities [Abstract]
Summary of Charges and Credits	Schlumberger recorded the following credits during 2022, all of which are classified in Interest & other income Consolidated Statement of Income (Stated in millions) Pretax Tax Net First quarter: Gain on sale of Liberty shares $ (26 ) $ (4 ) $ (22 ) Second quarter: Gain on sale of Liberty shares (216 ) (13 ) (203 ) Gain on sale of real estate (43 ) (2 ) (41 ) $ (285 ) $ (19 ) $ (266 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
Earnings Per Share (Tables)	Jun. 30, 2022
Earnings Per Share [Abstract]
Reconciliation of Income Per Share	The following is a reconciliation from basic income per share of Schlumberger to diluted income per share of Schlumberger: (Stated in millions, except per share amounts) 2022 2021 Net Income Attributable to Schlumberger Average Shares Outstanding Earnings per Share Net Income Attributable to Schlumberger Average Shares Outstanding Earnings per Share Second Quarter Basic $ 959 1,414 $ 0.68 $ 431 1,398 $ 0.31 Unvested restricted stock - 22 - 23 Diluted $ 959 1,436 $ 0.67 $ 431 1,421 $ 0.30 2022 2021 Net Income Attributable to Schlumberger Average Shares Outstanding Income per Share Net Income Attributable to Schlumberger Average Shares Outstanding Loss per Share Six Months Basic $ 1,469 1,413 $ 1.04 $ 730 $ 1,398 $ 0.52 Unvested restricted stock - 22 - 22 Diluted $ 1,469 1,435 $ 1.02 $ 730 $ 1,420 $ 0.51
Schedule of Antidilutive Securities Excluded from Computation of Income Per Share	The number of outstanding options to purchase shares of Schlumberger common stock that were not included in the computation of diluted income per share, because to do so would have had an antidilutive effect, was as follows: (Stated in millions) Second Quarter Six Months 2022 2021 2022 2021 Employee stock options 26 44 31 44

Inventories (Tables)

Inventories (Tables)	6 Months Ended
Inventories (Tables)	Jun. 30, 2022
Inventory Disclosure [Abstract]
Summary of Inventory	A summary of inventories, which are stated at the lower of average cost or net realizable value, is as follows: (Stated in millions) Jun. 30, Dec. 31, 2022 2021 Raw materials & field materials $ 2,013 $ 1,594 Work in progress 563 425 Finished goods 1,392 1,253 $ 3,968 $ 3,272

Fixed Assets (Tables)

Fixed Assets (Tables)	6 Months Ended
Fixed Assets (Tables)	Jun. 30, 2022
Property Plant And Equipment [Abstract]
Summary of Fixed Assets	A summary of fixed assets follows: (Stated in millions) Jun. 30, Dec. 31, 2022 2021 Property, plant & equipment $ 29,187 $ 29,077 Less: Accumulated depreciation 22,801 22,648 $ 6,386 $ 6,429
Depreciation Expense Relating To Fixed Assets	Depreciation expense relating to fixed assets was as follows: (Stated in millions) 2022 2021 Second Quarter $ 340 $ 352 Six Months $ 678 $ 707

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
Intangible Assets (Tables)	Jun. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets by Major Class	The gross book value, accumulated amortization and net book value of intangible assets were as follows: (Stated in millions) Jun. 30, 2022 Dec. 31, 2021 Gross Accumulated Net Book Gross Accumulated Net Book Book Amortization Value Book Value Amortization Value Customer relationships $ 1,691 $ 601 $ 1,090 $ 1,681 $ 551 $ 1,130 Technology/technical know-how 1,261 609 652 1,264 562 702 Tradenames 766 207 559 766 191 575 Other 1,618 817 801 1,578 774 804 $ 5,336 $ 2,234 $ 3,102 $ 5,289 $ 2,078 $ 3,211
Amortization Expense Charged to Income for Intangible Assets	Amortization expense charged to income was as follows: (Stated in millions) 2022 2021 Second Quarter $ 75 $ 75 Six Months $ 150 $ 151

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
Long-term Debt (Tables)	Jun. 30, 2022
Debt Disclosure [Abstract]
Summary of Long-term Debt	A summary of Long-term Debt (Stated in millions) Jun. 30, Dec. 31, 2022 2021 3.65% Senior Notes due 2023 $ 1,498 $ 1,497 3.90% Senior Notes due 2028 1,460 1,457 2.65% Senior Notes due 2030 1,250 1,250 1.375% Guaranteed Notes due 2026 1,056 1,125 2.00% Guaranteed Notes due 2032 1,050 1,118 0.25% Notes due 2027 951 1,013 0.50% Notes due 2031 950 1,012 4.00% Senior Notes due 2025 930 930 4.30% Senior Notes due 2029 846 846 3.75% Senior Notes due 2024 748 748 1.00% Guaranteed Notes due 2026 632 679 0.00% Notes due 2024 529 563 1.40% Senior Notes due 2025 498 498 7.00% Notes due 2038 203 204 5.95% Notes due 2041 113 113 5.13% Notes due 2043 99 98 4.00% Notes due 2023 79 80 3.70% Notes due 2024 54 55 $ 12,946 $ 13,286

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
Derivative Instruments and Hedging Activities (Tables)	Jun. 30, 2022
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Effect of Derivative Instruments Designated as Cash Flow Hedges and Not Designated as Hedges on Consolidated Statement of (Loss) Income	The effect of derivative instruments designated as cash flow hedges, and those not designated as hedges, on the Consolidated Statement of Income (Stated in millions) Gain (Loss) Recognized in Income Second Quarter Six Months 2022 2021 2022 2021 Consolidated Statement of Income Classification Derivatives designated as cash flow hedges: Cross currency swaps $ (160 ) $ 38 $ (291 ) $ (178 ) Cost of services/sales Commodity contracts (50 ) - (65 ) - Revenue Foreign exchange contracts (5 ) 3 (7 ) 5 Cost of services/sales $ (215 ) $ 41 $ (363 ) $ (173 ) Derivatives not designated as hedges: Foreign exchange contracts $ (27 ) $ (32 ) $ (38 ) $ (26 ) Cost of services/sales

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
Segment Information (Tables)	Jun. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	(Stated in millions) Second Quarter 2022 Second Quarter 2021 Income Income Revenue Before Taxes Revenue Before Taxes Digital & Integration $ 955 $ 379 $ 817 $ 274 Reservoir Performance 1,333 195 1,117 156 Well Construction 2,686 470 2,110 272 Production Systems 1,893 171 1,681 171 Eliminations & other (94 ) (56 ) (91 ) (66 ) Pretax segment operating income 1,159 807 Corporate & other (1) (148 ) (138 ) Interest income (2) 3 5 Interest expense (3) (121 ) (132 ) Charges and credits (4) 259 - $ 6,773 $ 1,152 $ 5,634 $ 542 (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) ( 3 ) ( 4 ) Charges and Credits (Stated in millions) Six Months 2022 Six Months 2021 Income Income Revenue Before Taxes Revenue Before Taxes Digital & Integration $ 1,813 $ 671 $ 1,590 $ 521 Reservoir Performance 2,543 355 2,119 258 Well Construction 5,083 858 4,045 482 Production Systems 3,497 285 3,271 309 Eliminations & other (201 ) (115 ) (168 ) (99 ) Pretax segment operating income 2,054 1,471 Corporate & other (1) (313 ) (288 ) Interest income (2) 5 9 Interest expense (3) (241 ) (264 ) Charges and credits (4) 285 - $ 12,735 $ 1,790 $ 10,857 $ 928 (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) (3) (4) Charges and Credits
Revenue by Geographic Area	Revenue by geographic area was as follows: (Stated in millions) Second Quarter Six Months 2022 2021 2022 2021 North America $ 1,537 $ 1,083 $ 2,819 $ 2,055 Latin America 1,329 1,057 2,534 2,095 Europe/CIS/Africa 1,691 1,453 3,094 2,709 Middle East & Asia 2,168 2,001 4,192 3,918 Eliminations & other 48 40 96 80 $ 6,773 $ 5,634 $ 12,735 $ 10,857
Summary Of Geographical Segment Revenue Disaggregated By Segment [Table Text Block]	North America and International revenue disaggregated by segment was as follows: (Stated in millions) Second Quarter 2022 North Eliminations America International & other Total Digital & Integration $ 327 $ 627 $ 1 $ 955 Reservoir Performance 111 1,222 - 1,333 Well Construction 553 2,083 50 2,686 Production Systems 550 1,341 2 1,893 Eliminations & other (4 ) (85 ) (5 ) (94 ) $ 1,537 $ 5,188 $ 48 $ 6,773 Second Quarter 2021 North Eliminations America International & other Total Digital & Integration $ 191 $ 625 $ 1 $ 817 Reservoir Performance 79 1,038 - 1,117 Well Construction 352 1,708 50 2,110 Production Systems 458 1,220 3 1,681 Eliminations & other 3 (80 ) (14 ) (91 ) $ 1,083 $ 4,511 $ 40 $ 5,634 Six Months 2022 North Eliminations America International & other Total Digital & Integration $ 552 $ 1,258 $ 3 $ 1,813 Reservoir Performance 214 2,326 3 2,543 Well Construction 1,038 3,948 97 5,083 Production Systems 1,023 2,468 6 3,497 Eliminations & other (8 ) (180 ) (13 ) (201 ) $ 2,819 $ 9,820 $ 96 $ 12,735 Six Months 2021 North Eliminations America International & other Total Digital & Integration $ 352 $ 1,235 $ 3 $ 1,590 Reservoir Performance 157 1,960 2 2,119 Well Construction 663 3,285 97 4,045 Production Systems 878 2,382 11 3,271 Eliminations & other 5 (140 ) (33 ) (168 ) $ 2,055 $ 8,722 $ 80 $ 10,857

Charges and Credits - Summary o

Charges and Credits - Summary of Charges and Credits (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022
Charges And Credits [Line Items]
Charges and credits, Pretax	$ (285,000,000)
Charges and credits, Tax	(19,000,000)
Charges and credits, Tax	(266,000,000)		$ 0
Interest And Other \| Gain On Sale Of Liberty Shares
Charges And Credits [Line Items]
Charges and credits, Pretax	(216,000,000)	$ (26,000,000)
Charges and credits, Tax	(13,000,000)	(4,000,000)
Charges and credits, Tax	(203,000,000)	$ (22,000,000)
Interest And Other \| Gain On Sale Of Real Estate
Charges And Credits [Line Items]
Charges and credits, Pretax	(43,000,000)
Charges and credits, Tax	(2,000,000)
Charges and credits, Tax	$ (41,000,000)

Charges and Credits - Additiona

Charges and Credits - Additional Information (Detail) - USD ($) shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022
Charges And Credits [Line Items]
Charges and credits, Tax	$ 266,000,000		$ 0
Gain On Sale Of Real Estate
Charges And Credits [Line Items]
Gains on sales of businesses	43,000,000
Sold certain real estate and received proceeds	$ 120,000,000
Liberty Energy Inc
Charges And Credits [Line Items]
Shares issued	26.5	7.2
Received proceeds from sale of shares	$ 429,000,000	$ 84,000,000
Gains on sales of businesses	$ 216,000,000	$ 26,000,000
Percentage of equity ownership interest		12%

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Income Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net Income Attributable to Schlumberger
Basic	$ 959	$ 431	$ 1,469	$ 730
Diluted	$ 959	$ 431	$ 1,469	$ 730
Average Shares Outstanding
Basic	1,414	1,398	1,413	1,398
Unvested restricted stock	22	23	22	22
Diluted	1,436	1,421	1,435	1,420
Earnings per Share
Basic	$ 0.68	$ 0.31	$ 1.04	$ 0.52
Diluted	$ 0.67	$ 0.30	$ 1.02	$ 0.51

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Antidilutive Securities Excluded from Computation of Income Per Share (Detail) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Employee Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount	26	44	31	44

Inventories - Summary of Invent

Inventories - Summary of Inventory (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Raw materials & field materials	$ 2,013	$ 1,594
Work in progress	563	425
Finished goods	1,392	1,253
Inventories	$ 3,968	$ 3,272

Fixed Assets - Summary of Fixed

Fixed Assets - Summary of Fixed Assets (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Property Plant And Equipment [Abstract]
Property, plant & equipment	$ 29,187	$ 29,077
Less: Accumulated depreciation	22,801	22,648
Fixed assets less accumulated depreciation	$ 6,386	$ 6,429

Fixed Assets - Depreciation Exp

Fixed Assets - Depreciation Expense Relating to Fixed Assets (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Property Plant And Equipment [Abstract]
Depreciation expense relating to fixed assets	$ 340	$ 352	$ 678	$ 707

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets by Major Class (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Finite Lived Intangible Assets [Line Items]
Gross Book Value	$ 5,336	$ 5,289
Accumulated Amortization	2,234	2,078
Net Book Value	3,102	3,211
Customer Relationships
Finite Lived Intangible Assets [Line Items]
Gross Book Value	1,691	1,681
Accumulated Amortization	601	551
Net Book Value	1,090	1,130
Technology/Technical Know-How
Finite Lived Intangible Assets [Line Items]
Gross Book Value	1,261	1,264
Accumulated Amortization	609	562
Net Book Value	652	702
Tradenames
Finite Lived Intangible Assets [Line Items]
Gross Book Value	766	766
Accumulated Amortization	207	191
Net Book Value	559	575
Other
Finite Lived Intangible Assets [Line Items]
Gross Book Value	1,618	1,578
Accumulated Amortization	817	774
Net Book Value	$ 801	$ 804

Intangible Assets - Amortizatio

Intangible Assets - Amortization Expense Charged to Income for Intangible Assets (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]
Amortization expense	$ 75	$ 75	$ 150	$ 151

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) $ in Millions	Jun. 30, 2022 USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
Estimated amortization expense, remaining two quarters of 2022	$ 149
Estimated amortization expense, 2023	289
Estimated amortization expense, 2024	278
Estimated amortization expense, 2025	261
Estimated amortization expense, 2026	253
Estimated amortization expense, 2027	$ 250

Long-term Debt - Summary of Lon

Long-term Debt - Summary of Long-term Debt (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt, carrying amount	$ 12,946	$ 13,286
3.65% Senior Notes due 2023
Debt Instrument [Line Items]
Long-term debt, carrying amount	1,498	1,497
3.90% Senior Notes due 2028
Debt Instrument [Line Items]
Long-term debt, carrying amount	1,460	1,457
2.65% Senior Notes due 2030
Debt Instrument [Line Items]
Long-term debt, carrying amount	1,250	1,250
1.375% Guaranteed Notes due 2026
Debt Instrument [Line Items]
Long-term debt, carrying amount	1,056	1,125
2.0% Guaranteed Notes due 2032
Debt Instrument [Line Items]
Long-term debt, carrying amount	1,050	1,118
0.25% Notes due 2027
Debt Instrument [Line Items]
Long-term debt, carrying amount	951	1,013
0.50% Notes due 2031
Debt Instrument [Line Items]
Long-term debt, carrying amount	950	1,012
4.00% Senior Notes due 2025
Debt Instrument [Line Items]
Long-term debt, carrying amount	930	930
4.30% Senior Notes due 2029
Debt Instrument [Line Items]
Long-term debt, carrying amount	846	846
3.75% Senior Notes due 2024
Debt Instrument [Line Items]
Long-term debt, carrying amount	748	748
1.00% Guaranteed Notes due 2026
Debt Instrument [Line Items]
Long-term debt, carrying amount	632	679
0.00% Notes due 2024
Debt Instrument [Line Items]
Long-term debt, carrying amount	529	563
1.40% Senior Notes due 2025
Debt Instrument [Line Items]
Long-term debt, carrying amount	498	498
7.00% Notes due 2038
Debt Instrument [Line Items]
Long-term debt, carrying amount	203	204
5.95% Notes due 2041
Debt Instrument [Line Items]
Long-term debt, carrying amount	113	113
5.13% Notes due 2043
Debt Instrument [Line Items]
Long-term debt, carrying amount	99	98
4.00% Notes due 2023
Debt Instrument [Line Items]
Long-term debt, carrying amount	79	80
3.70% Notes due 2024
Debt Instrument [Line Items]
Long-term debt, carrying amount	$ 54	$ 55

Long-term Debt - Summary of L_2

Long-term Debt - Summary of Long-term Debt (Parenthetical) (Detail)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
3.65% Senior Notes due 2023
Debt Instrument [Line Items]
Debt instrument interest rate	3.65%	3.65%
Debt instrument maturity date	2023	2023
3.90% Senior Notes due 2028
Debt Instrument [Line Items]
Debt instrument interest rate	3.90%	3.90%
Debt instrument maturity date	2028	2028
2.65% Senior Notes due 2030
Debt Instrument [Line Items]
Debt instrument interest rate	2.65%	2.65%
Debt instrument maturity date	2030	2030
1.375% Guaranteed Notes due 2026
Debt Instrument [Line Items]
Debt instrument interest rate	1.375%	1.375%
Debt instrument maturity date	2026	2026
2.0% Guaranteed Notes due 2032
Debt Instrument [Line Items]
Debt instrument interest rate	2%	2%
Debt instrument maturity date	2032	2032
0.25% Notes due 2027
Debt Instrument [Line Items]
Debt instrument interest rate	0.25%	0.25%
Debt instrument maturity date	2027	2027
0.50% Notes due 2031
Debt Instrument [Line Items]
Debt instrument interest rate	0.50%	0.50%
Debt instrument maturity date	2031	2031
4.00% Senior Notes due 2025
Debt Instrument [Line Items]
Debt instrument interest rate	4%	4%
Debt instrument maturity date	2025	2025
4.30% Senior Notes due 2029
Debt Instrument [Line Items]
Debt instrument interest rate	4.30%	4.30%
Debt instrument maturity date	2029	2029
3.75% Senior Notes due 2024
Debt Instrument [Line Items]
Debt instrument interest rate	3.75%	3.75%
Debt instrument maturity date	2024	2024
1.00% Guaranteed Notes due 2026
Debt Instrument [Line Items]
Debt instrument interest rate	1%	1%
Debt instrument maturity date	2026	2026
0.00% Notes due 2024
Debt Instrument [Line Items]
Debt instrument interest rate	0%	0%
Debt instrument maturity date	2024	2024
1.40% Senior Notes due 2025
Debt Instrument [Line Items]
Debt instrument interest rate	1.40%	1.40%
Debt instrument maturity date	2025	2025
7.00% Notes due 2038
Debt Instrument [Line Items]
Debt instrument interest rate	7%	7%
Debt instrument maturity date	2038	2038
5.95% Notes due 2041
Debt Instrument [Line Items]
Debt instrument interest rate	5.95%	5.95%
Debt instrument maturity date	2041	2041
5.13% Notes due 2043
Debt Instrument [Line Items]
Debt instrument interest rate	5.13%	5.13%
Debt instrument maturity date	2043	2043
4.00% Notes due 2023
Debt Instrument [Line Items]
Debt instrument interest rate	4%	4%
Debt instrument maturity date	2023	2023
3.70% Notes due 2024
Debt Instrument [Line Items]
Debt instrument interest rate	3.70%	3.70%
Debt instrument maturity date	2024	2024

Long-term Debt - Additional Inf

Long-term Debt - Additional Information (Detail) € in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2021 EUR (€)
Debt Instrument [Line Items]
Long-term debt, fair value	$ 12,100	$ 13,900
Committed credit facility agreement aggregated	5,750
Commercial paper programs mature in February 2024
Debt Instrument [Line Items]
Committed credit facility agreement aggregated	750
Commercial paper programs mature in February 2025
Debt Instrument [Line Items]
Committed credit facility agreement aggregated	2,000
Commercial paper programs mature in February 2027
Debt Instrument [Line Items]
Committed credit facility agreement aggregated	2,000
Commercial paper programs mature in July 2026
Debt Instrument [Line Items]
Committed credit facility agreement aggregated	1,000
Commercial paper borrowings
Debt Instrument [Line Items]
Long-term debt	$ 0	$ 0
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility extended period	3 years
Credit facility extended date	Jun. 30, 2024
Reduced size of credit facility \| €			€ 750
Credit facility drawn	$ 0

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Dec. 31, 2021 USD ($)	Jun. 30, 2022 USD ($) Country	Dec. 31, 2020 USD ($)	Dec. 31, 2020 EUR (€)	Dec. 31, 2019 EUR (€)
Derivative [Line Items]
Number of countries in which Schlumberger generates revenue \| Country			120
Denominated debt issued				$ 500,000,000		€ 1,500,000,000
Percentage of derivative contracts of oil price	75%	75%
Amount recognized relating to hedging activity \| $			$ 71,000,000
Fair value of outstanding derivatives \| $		$ 0	$ 0
0.00% Notes due 2024
Derivative [Line Items]
Notes, face amount						€ 500,000,000
Derivative swap interest rate						0%
Promissory note interest rate		0%	0%
0.25% Notes due 2027
Derivative [Line Items]
Notes, face amount					€ 400,000,000	€ 500,000,000
Derivative swap interest rate				0.25%	0.25%	0.25%
Promissory note interest rate		0.25%	0.25%
0.50% Notes due 2031
Derivative [Line Items]
Notes, face amount					€ 400,000,000	€ 500,000,000
Derivative swap interest rate				0.50%	0.50%	0.50%
Promissory note interest rate		0.50%	0.50%
Euro-denominated Notes
Derivative [Line Items]
Denominated debt issued					€ 800,000,000
Euro-denominated Guaranteed Notes
Derivative [Line Items]
Denominated debt issued					2,000,000,000
1.375% Guaranteed Notes due 2026
Derivative [Line Items]
Notes, face amount					€ 1,000,000,000
Derivative swap interest rate				1.375%	1.375%
2.00% Guaranteed Notes due 2032
Derivative [Line Items]
Notes, face amount					€ 1,000,000,000
Derivative swap interest rate				2%	2%
1.40% Senior Notes due 2025
Derivative [Line Items]
Notes, face amount \| $				$ 500,000,000
Derivative swap interest rate				1.40%	1.40%
Promissory note interest rate		1.40%	1.40%
Other Assets
Derivative [Line Items]
Derivative assets \| $			$ 5,000,000
Cross currency swaps
Derivative [Line Items]
Notional amount of interest rate swap				$ 500,000,000		€ 1,500,000,000
Cross currency swaps \| 0.00% Notes due 2024
Derivative [Line Items]
Promissory note interest rate						2.29%
Cross currency swaps \| 0.25% Notes due 2027
Derivative [Line Items]
Promissory note interest rate				1.87%	1.87%	2.51%
Cross currency swaps \| 0.50% Notes due 2031
Derivative [Line Items]
Promissory note interest rate				2.20%	2.20%	2.76%
Cross currency swaps \| Euro-denominated Notes
Derivative [Line Items]
Notional amount of interest rate swap					€ 800,000,000
Cross currency swaps \| Euro-denominated Guaranteed Notes
Derivative [Line Items]
Notional amount of interest rate swap					€ 2,000,000,000
Cross currency swaps \| 1.375% Guaranteed Notes due 2026
Derivative [Line Items]
Promissory note interest rate				2.77%	2.77%
Cross currency swaps \| 2.00% Guaranteed Notes due 2032
Derivative [Line Items]
Promissory note interest rate				3.49%	3.49%
Cross currency swaps \| 1.40% Senior Notes due 2025
Derivative [Line Items]
Promissory note interest rate				1.73%	1.73%
Cross currency swaps \| Other Assets
Derivative [Line Items]
Derivative assets \| $		$ 66,000,000
Cross currency swaps \| Other Liabilities
Derivative [Line Items]
Derivative liability \| $		$ 78,000,000	266,000,000
Foreign exchange contracts
Derivative [Line Items]
Notional amount of interest rate swap \| $			7,300,000,000
Foreign exchange contracts \| Debt \| Derivatives designated as hedges
Derivative [Line Items]
Notional amount of interest rate swap \| $			$ 5,700,000,000

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Effect of Derivative Instruments Designated as Cash Flow Hedges and Not Designated as Hedges on Consolidated Statement of Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivatives not designated as hedges \| Foreign exchange contracts \| Cost of services/sales
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ (27)	$ (32)	$ (38)	$ (26)
Cash Flow Hedging \| Derivatives designated as hedges
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	(215)	41	(363)	(173)
Cash Flow Hedging \| Derivatives designated as hedges \| Commodity contracts \| Revenue
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	(50)		(65)
Cash Flow Hedging \| Derivatives designated as hedges \| Cross currency swaps \| Cost of services/sales
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	(160)	38	(291)	(178)
Cash Flow Hedging \| Derivatives designated as hedges \| Foreign exchange contracts \| Cost of services/sales
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ (5)	$ 3	$ (7)	$ 5

Segment Information - Schedule

Segment Information - Schedule of Segment Reporting Information, by Segment (Detail) - USD ($) $ in Millions		3 Months Ended				6 Months Ended
		Jun. 30, 2022		Jun. 30, 2021		Jun. 30, 2022		Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue		$ 6,773		$ 5,634		$ 12,735		$ 10,857
Pretax segment operating income		1,159		807		2,054		1,471
Interest expense		124		136		247		272
Income Before Taxes		1,152		542		1,790		928
Digital Integration
Segment Reporting Information [Line Items]
Revenue		955		817		1,813		1,590
Reservoir Performance
Segment Reporting Information [Line Items]
Revenue		1,333		1,117		2,543		2,119
Production Systems
Segment Reporting Information [Line Items]
Revenue		1,893		1,681		3,497		3,271
Operating Segments
Segment Reporting Information [Line Items]
Revenue		6,773		5,634		12,735		10,857
Interest income		16		1		28		1
Interest expense		3		4		6		8
Operating Segments \| Digital Integration
Segment Reporting Information [Line Items]
Revenue		955		817		1,813		1,590
Pretax segment operating income		379		274		671		521
Operating Segments \| Reservoir Performance
Segment Reporting Information [Line Items]
Revenue		1,333		1,117		2,543		2,119
Pretax segment operating income		195		156		355		258
Operating Segments \| Well Construction
Segment Reporting Information [Line Items]
Revenue		2,686		2,110		5,083		4,045
Pretax segment operating income		470		272		858		482
Operating Segments \| Production Systems
Segment Reporting Information [Line Items]
Revenue		1,893		1,681		3,497		3,271
Pretax segment operating income		171		171		285		309
Eliminations & other
Segment Reporting Information [Line Items]
Revenue		(94)		(91)		(201)		(168)
Pretax segment operating income		(56)		(66)		(115)		(99)
Corporate & other	[1]	(148)		(138)		(313)		(288)
Interest income		3	[2]	5	[2]	5	[3]	9	[3]
Interest expense		(121)	[4]	$ (132)	[4]	(241)	[5]	$ (264)	[5]
Charges and credits	[6]	$ 259				$ 285

[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 ($16 million in 2022; $1 million in 2021).[3]Interest income excludes amounts which are included in the segments’ income ($28 million in 2022; $1 million in 2021).[4]Interest expense excludes amounts which are included in the segments’ income ($3 million in 2022; $4 million in 2021).[5]Interest expense excludes amounts which are included in the segments’ income ($6 million in 2022; $8 million in 2021).[6]See Note 2 – Charges and Credits

Segment Information - Schedul_2

Segment Information - Schedule of Segment Reporting Information, by Segment (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Interest expense	$ 124	$ 136	$ 247	$ 272
Operating Segments
Segment Reporting Information [Line Items]
Interest income	16	1	28	1
Interest expense	$ 3	$ 4	$ 6	$ 8

Segment Information - Revenue b

Segment Information - Revenue by Geographic Area (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 6,773	$ 5,634	$ 12,735	$ 10,857
Operating Segments
Segment Reporting Information [Line Items]
Revenue	6,773	5,634	12,735	10,857
Operating Segments \| North America
Segment Reporting Information [Line Items]
Revenue	1,537	1,083	2,819	2,055
Operating Segments \| Latin America
Segment Reporting Information [Line Items]
Revenue	1,329	1,057	2,534	2,095
Operating Segments \| Europe/CIS/Africa
Segment Reporting Information [Line Items]
Revenue	1,691	1,453	3,094	2,709
Operating Segments \| Middle East & Asia
Segment Reporting Information [Line Items]
Revenue	2,168	2,001	4,192	3,918
Eliminations & other
Segment Reporting Information [Line Items]
Revenue	$ 48	$ 40	$ 96	$ 80

Segment Information - Summary o

Segment Information - Summary of North America and International Revenue Disaggregated by Segment (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 6,773	$ 5,634	$ 12,735	$ 10,857
Digital Integration
Segment Reporting Information [Line Items]
Revenue	955	817	1,813	1,590
Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1,333	1,117	2,543	2,119
Well Construction
Segment Reporting Information [Line Items]
Revenue	2,686	2,110	5,083	4,045
Production Systems
Segment Reporting Information [Line Items]
Revenue	1,893	1,681	3,497	3,271
Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(94)	(91)	(201)	(168)
Operating Segments
Segment Reporting Information [Line Items]
Revenue	6,773	5,634	12,735	10,857
Operating Segments \| Digital Integration
Segment Reporting Information [Line Items]
Revenue	955	817	1,813	1,590
Operating Segments \| Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1,333	1,117	2,543	2,119
Operating Segments \| Production Systems
Segment Reporting Information [Line Items]
Revenue	1,893	1,681	3,497	3,271
Eliminations & other
Segment Reporting Information [Line Items]
Revenue	48	40	96	80
Eliminations & other \| Digital Integration
Segment Reporting Information [Line Items]
Revenue	1	1	3	3
Eliminations & other \| Reservoir Performance
Segment Reporting Information [Line Items]
Revenue			3	2
Eliminations & other \| Well Construction
Segment Reporting Information [Line Items]
Revenue	50	50	97	97
Eliminations & other \| Production Systems
Segment Reporting Information [Line Items]
Revenue	2	3	6	11
Eliminations & other \| Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(5)	(14)	(13)	(33)
North America \| Operating Segments
Segment Reporting Information [Line Items]
Revenue	1,537	1,083	2,819	2,055
North America \| Operating Segments \| Digital Integration
Segment Reporting Information [Line Items]
Revenue	327	191	552	352
North America \| Operating Segments \| Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	111	79	214	157
North America \| Operating Segments \| Well Construction
Segment Reporting Information [Line Items]
Revenue	553	352	1,038	663
North America \| Operating Segments \| Production Systems
Segment Reporting Information [Line Items]
Revenue	550	458	1,023	878
North America \| Operating Segments \| Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(4)	3	(8)	5
International \| Operating Segments
Segment Reporting Information [Line Items]
Revenue	5,188	4,511	9,820	8,722
International \| Operating Segments \| Digital Integration
Segment Reporting Information [Line Items]
Revenue	627	625	1,258	1,235
International \| Operating Segments \| Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1,222	1,038	2,326	1,960
International \| Operating Segments \| Well Construction
Segment Reporting Information [Line Items]
Revenue	2,083	1,708	3,948	3,285
International \| Operating Segments \| Production Systems
Segment Reporting Information [Line Items]
Revenue	1,341	1,220	2,468	2,382
International \| Operating Segments \| Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	$ (85)	$ (80)	$ (180)	$ (140)

Segment Information - Additiona

Segment Information - Additional Information (Detail) - USD ($) $ in Billions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Segment Reporting [Abstract]
Revenue in excess of billings	$ 0.3	$ 0.3
Total backlog	$ 3.1
Percentage of revenue expected to be recognized over next 12 months	60%
Billings and cash collections in excess of revenue	$ 1.3	$ 1.1