0001564590-22-026594 | 10-Q | XBRL Viewer

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 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 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 - 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 (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 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

(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)

(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

Other

^[2]

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

Proceeds from exercise of stock options

Proceeds from issuance of long-term debt

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)

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 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 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

6 Months Ended

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 and notes thereto included in the Schlumberger Annual Report on Form 10-K for the year ended December 31, 2021, filed with the Securities and Exchange Commission on January 26, 2022.

Charges and Credits

6 Months Ended

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 in the 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

6 Months Ended

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

6 Months Ended

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

6 Months Ended

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

6 Months Ended

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 Value		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

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Long-term Debt

7. Long-term Debt

A summary of Long-term Debt follows:

(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, based on quoted market prices at June 30, 2022 and December 31, 2021, was $12.1 billion and $13.9 billion, respectively.

Schlumberger has a €750 million three-year committed revolving credit facility maturing in June 2024. At June 30, 2022 no amounts had been drawn under this facility.

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 Hedging Activities

6 Months Ended

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 and in Accumulated Other Comprehensive Loss. Amounts recorded in Accumulated Other Comprehensive Loss are reclassified into earnings in the same period or periods that the hedged item is recognized in earnings.

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 was $266 million at June 30, 2022 ($78 million at December 31, 2021), and included in Other Assets at December 31, 2021 was $66 million relating to the fair value of outstanding cross-currency swap derivatives. The fair value was determined using a model with inputs that are observable in the market or can be derived or corroborated by observable data.

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. Amounts recorded in Accumulated other comprehensive loss are reclassified to earnings in the same period or periods that the hedged item is recognized in earnings. At June 30, 2022, included in Accounts payable and accrued liabilities was $71 million and included in Other current assets was $5 million relating to the fair value of the outstanding commodity contracts.

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 and changes in the fair value are recognized in the Consolidated Statement of Income, as are changes in the fair value of the hedged item.

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 was as follows:

							(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

6 Months Ended

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.

- Definition

The entire disclosure for loss and gain contingencies. Describes any existing condition, situation, or set of circumstances involving uncertainty as of the balance sheet date (or prior to issuance of the financial statements) as to a probable or reasonably possible loss incurred by an entity that will ultimately be resolved when one or more future events occur or fail to occur, and typically discloses the amount of loss recorded or a range of possible loss, or an assertion that no reasonable estimate can be made.

+ References + Details

Segment Information

6 Months Ended

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⁾	^{Interest income excludes amounts which are included in the segments’ income ($16 million in 2022; $1 million in 2021).}

⁽³⁾	^{Interest expense excludes amounts which are included in the segments’ income ($3 million in 2022; $4 million in 2021).}

⁽⁴⁾	^{See Note 2 – 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⁾	^{Interest income excludes amounts which are included in the segments’ income ($28 million in 2022; $1 million in 2021).}

⁽³⁾	^{Interest expense excludes amounts which are included in the segments’ income ($6 million in 2022; $8 million in 2021).}

⁽⁴⁾	^{See Note 2 – 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 in the 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 in the Consolidated Balance Sheet.

- 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

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+ Details

Charges and Credits (Table)

6 Months Ended

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 in the 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)

6 Months Ended

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

(Stated in millions)

	Second Quarter				Six Months
	2022		2021		2022		2021
Employee stock options		26		44		31		44

Inventories (Tables)

6 Months Ended

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)

6 Months Ended

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)

6 Months Ended

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 Value		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)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Summary of Long-term Debt

A summary of Long-term Debt follows:

(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

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

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 was as follows:

							(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)

6 Months Ended

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⁾	^{Interest income excludes amounts which are included in the segments’ income ($16 million in 2022; $1 million in 2021).}

⁽³⁾	^{Interest expense excludes amounts which are included in the segments’ income ($3 million in 2022; $4 million in 2021).}

⁽⁴⁾	^{See Note 2 – 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⁾	^{Interest income excludes amounts which are included in the segments’ income ($28 million in 2022; $1 million in 2021).}

⁽³⁾	^{Interest expense excludes amounts which are included in the segments’ income ($6 million in 2022; $8 million in 2021).}

⁽⁴⁾	^{See Note 2 – 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 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 - 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		12.00%

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 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 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 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 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 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 - 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 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 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 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	2.00%	2.00%
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	4.00%	4.00%
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	1.00%	1.00%
Debt instrument maturity date	2026	2026
0.00% Notes due 2024
Debt Instrument [Line Items]
Debt instrument interest rate	0.00%	0.00%
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	7.00%	7.00%
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	4.00%	4.00%
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 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 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	75.00%	75.00%
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						0.00%
Promissory note interest rate		0.00%	0.00%
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					2,000,000,000.0
1.375% Guaranteed Notes due 2026
Derivative [Line Items]
Notes, face amount					€ 1,000,000,000.0
Derivative swap interest rate				1.375%	1.375%
2.00% Guaranteed Notes due 2032
Derivative [Line Items]
Notes, face amount					€ 1,000,000,000.0
Derivative swap interest rate				2.00%	2.00%
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					€ 2,000,000,000.0
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 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 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

Interest expense

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

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

^[2]

^[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 - 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 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

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

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 - 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	60.00%
Billings and cash collections in excess of revenue	$ 1.3	$ 1.1