← SLB LIMITED/NV
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | ($1.7b) | ($1.5b) | $2.1b | ($10.1b) | ($10.5b) | $1.9b | $3.4b | $4.2b | $4.5b | $3.4b | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($1.6b) | ($1.5b) | $2.1b | ($10.1b) | ($10.5b) | $1.9b | $3.4b | $4.2b | $4.5b | $3.4b | |
| Gain (Loss) on Disposition of Real Estate, Discontinued Operations | — | — | — | — | — | — | $43.0m | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($1.7b) | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($1.6b) | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $60.0m | ($8.0m) | $39.0m | $30.0m | $32.0m | $47.0m | $51.0m | $72.0m | $118.0m | $77.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($1.6b) | ($1.5b) | $2.2b | ($10.1b) | ($10.5b) | $1.9b | $3.5b | $4.3b | $4.6b | $3.5b | |
| Amortization of Intangible Assets | $567.0m | $663.0m | $673.0m | $618.0m | $371.0m | $302.0m | $301.0m | $314.0m | $334.0m | $376.0m | |
| Amortization of inventory purchase accounting adjustment | — | — | — | — | — | — | — | $11.0m | $43.0m | $166.0m | |
| Depreciation | $2.7b | $2.3b | $2.1b | $2.0b | $1.6b | $1.4b | $1.4b | $1.4b | $1.6b | $1.7b | |
| Depreciation, Depletion and Amortization | $4.1b | $3.8b | $3.6b | $3.6b | $2.6b | $2.1b | $2.1b | $2.3b | $2.5b | $2.6b | |
| Deferred Income Tax Expense (Benefit) | ($379.0m) | ($260.0m) | ($245.0m) | ($1.0b) | ($1.2b) | ($31.0m) | ($39.0m) | $28.0m | ($41.0m) | ($279.0m) | |
| Deferred taxes | — | ($260.0m) | ($245.0m) | ($1.0b) | ($1.2b) | ($31.0m) | ($39.0m) | $28.0m | ($41.0m) | ($279.0m) | |
| Goodwill, Impairment Loss | — | — | — | $8.8b | — | — | — | — | — | $210.0m | |
| Impairments | — | — | — | — | — | — | — | — | $162.0m | $331.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | $93.0m | $169.0m | $90.0m | $61.0m | |
| Share-based Payment Arrangement, Noncash Expense | $267.0m | $343.0m | $345.0m | $405.0m | $397.0m | $324.0m | $313.0m | $293.0m | $316.0m | $332.0m | |
| Earnings of equity method investments, less dividends received | ($60) | ($56) | ($48) | $6 | ($28) | $10 | ($96) | ($132) | ($18) | ($59) | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | — | $107.0m | — | — | $149.0m | |
| Gain (Loss) on Disposition of Business | — | — | $215.0m | — | $104.0m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($278.0m) | $330.0m | $447.0m | ($311.0m) | ($812.0m) | $446.0m | $779.0m | $1.0b | $1.1b | $840.0m | |
| Operating Lease, Expense | — | — | $1.7b | $1.7b | $1.4b | $1.2b | $1.2b | $1.4b | $1.4b | $1.5b | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $60.0m | $56.0m | $48.0m | ($6.0m) | $28.0m | ($10.0m) | $96.0m | $132.0m | $18.0m | $59.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| APS investments | ($1.0b) | ($1.6b) | ($981.0m) | ($781.0m) | ($303.0m) | ($474.0m) | ($587.0m) | ($507.0m) | ($483.0m) | ($428.0m) | |
| Cash, beginning of period | $2.8b | $2.9b | $1.8b | $1.4b | $1.1b | $844.0m | $1.7b | $2.9b | $3.5b | $3.0b | |
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | ($123.0m) | — | — | — | — | |
| Decrease (increase) in other assets | ($488.0m) | $402.0m | ($58.0m) | $22.0m | ($25.0m) | ($2.0m) | ($45.0m) | ($10.0m) | $13.0m | ($22.0m) | |
| Decrease in estimated liability for taxes on income | ($110.0m) | $104.0m | ($159.0m) | $6.0m | ($201.0m) | ($154.0m) | $96.0m | ($62.0m) | ($51.0m) | ($141.0m) | |
| Decrease in other current assets | $308.0m | ($174.0m) | $121.0m | ($68.0m) | $267.0m | $387.0m | ($44.0m) | $121.0m | $3.0m | $10.0m | |
| Exploration data capitalized | — | — | — | — | ($101.0m) | ($39.0m) | ($97.0m) | ($153.0m) | ($198.0m) | ($252.0m) | |
| General and Administrative Expense | $403.0m | $432.0m | $444.0m | $474.0m | $365.0m | $339.0m | $376.0m | $364.0m | $385.0m | $340.0m | |
| Goodwill | $25.0b | $25.1b | $24.9b | $16.0b | $13.0b | $13.0b | $13.0b | $14.1b | $14.6b | $16.8b | |
| Increase (Decrease) in Inventories | ($800.0m) | ($108.0m) | $10.0m | $314.0m | ($86.0m) | ($75.0m) | $737.0m | $254.0m | $101.0m | $72.0m | |
| Increase (decrease) in accounts payable and accrued liabilities | ($1.7b) | ($737.0m) | ($824.0m) | ($161.0m) | ($3.3b) | $160.0m | $704.0m | $724.0m | ($994.0m) | $218.0m | |
| Increase (decrease) in other liabilities | $77.0m | ($28.0m) | $69.0m | ($52.0m) | $19.0m | ($26.0m) | $23.0m | ($76.0m) | $32.0m | $38.0m | |
| Increase in inventories | $800.0m | $108.0m | ($10.0m) | ($314.0m) | $86.0m | $75.0m | ($737.0m) | ($254.0m) | ($101.0m) | ($72.0m) | |
| Increase in receivables | $1.1b | ($124.0m) | $430.0m | $142.0m | $2.3b | ($36.0m) | ($1.7b) | ($659.0m) | ($236.0m) | ($75.0m) | |
| Investment Income, Interest | $110.0m | $128.0m | $60.0m | $41.0m | $33.0m | $33.0m | $99.0m | $100.0m | $174.0m | $136.0m | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | $39.0m | $47.0m | — | — | — | — | |
| Net (decrease) increase in short-term borrowings | ($387.0m) | ($1.0b) | ($85.0m) | ($44.0m) | $156.0m | ($105.0m) | $37.0m | $2.0m | ($115.0m) | ($19.0m) | |
| Other | ($41.0m) | $29.0m | ($63.0m) | ($51.0m) | ($89.0m) | ($115.0m) | ($51.0m) | ($31.0m) | ($65.0m) | ($178.0m) | |
| Proceeds from Stock Options Exercised | $184.0m | $85.0m | $34.0m | $23.0m | — | — | $81.0m | $90.0m | $29.0m | $7.0m | |
| Proceeds from employee stock purchase plan | $231.0m | $212.0m | $227.0m | $196.0m | $146.0m | $137.0m | $142.0m | $191.0m | $219.0m | $222.0m | |
| Proceeds from exercise of stock options | $184.0m | $85.0m | $34.0m | $23.0m | — | — | $81.0m | $90.0m | $29.0m | $7.0m | |
| Proceeds from sale of Liberty shares | — | — | — | — | — | $109.0m | $732.0m | $137.0m | — | — | |
| Proceeds from sales of Blue Chip Swap securities | — | — | — | — | — | — | $111.0m | $97.0m | $152.0m | $194.0m | |
| Purchases of Blue Chip Swap securities | — | — | — | — | — | — | ($259.0m) | ($185.0m) | ($207.0m) | ($224.0m) | |
| Stock repurchase program | ($778.0m) | ($969.0m) | ($400.0m) | ($278.0m) | ($26.0m) | — | — | ($694.0m) | ($1.7b) | ($2.4b) | |
| Stock-based compensation expense | $267.0m | $343.0m | $345.0m | $405.0m | $397.0m | $324.0m | $313.0m | $293.0m | $316.0m | $332.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | — | — | — | ($69.0m) | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($121.0m) | — | ($1.0m) | ($10.0m) | ($54.0m) | $3.0m | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $6.3b | $5.7b | $5.7b | $5.4b | $2.9b | $4.7b | $3.7b | $6.6b | $6.6b | $6.5b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $2.1b | $2.1b | $2.2b | $1.7b | $1.1b | $1.1b | $1.6b | $1.9b | $1.9b | $1.7b | |
| Other business acquisitions and investments, net of cash acquired | — | — | — | — | — | — | — | ($242.0m) | ($553.0m) | ($187.0m) | |
| (Purchase) sale of short-term investments, net | — | — | — | $317.0m | ($1.1b) | $787.0m | $138.0m | $117.0m | ($32.0m) | ($33.0m) | |
| Payments to Acquire Investments | $1.0b | $1.6b | $981.0m | $781.0m | $303.0m | $474.0m | $587.0m | $507.0m | — | $428.0m | |
| Gains on sales of investments | — | — | — | — | — | — | — | ($36.0m) | ($24.0m) | — | |
| Payments for (Proceeds from) Other Investing Activities | $54.0m | $217.0m | $29.0m | $155.0m | $93.0m | $58.0m | $93.0m | $108.0m | ($107.0m) | ($109.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($624.0m) | ($1.8b) | ($1.0b) | ($2.0b) | ($2.4b) | ($919.0m) | ($1.4b) | ($2.8b) | ($3.1b) | ($1.4b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $3.6b | $2.4b | $898.0m | $4.0b | $5.8b | $34.0m | — | $994.0m | $1.5b | — | |
| Repayment of long-term debt | ($5.6b) | ($3.0b) | ($2.9b) | ($4.8b) | ($5.0b) | ($2.1b) | ($1.6b) | ($1.6b) | ($955.0m) | ($1.6b) | |
| Repayments of Long-term Debt | $5.6b | $3.0b | $2.9b | $4.8b | $5.0b | $2.1b | $1.6b | $1.6b | $955.0m | $1.6b | |
| Dividends Payable, Current | $702.0m | $699.0m | $701.0m | $702.0m | $184.0m | $189.0m | $263.0m | $374.0m | $403.0m | $443.0m | |
| Dividends paid | $2.6b | $2.8b | $2.8b | $2.8b | $1.7b | $699.0m | $848.0m | $1.3b | $1.5b | $1.6b | |
| Proceeds from (Payments for) Other Financing Activities | ($41.0m) | $29.0m | ($63.0m) | ($51.0m) | ($89.0m) | ($115.0m) | ($51.0m) | ($31.0m) | ($65.0m) | ($178.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($5.4b) | ($5.0b) | ($5.0b) | ($3.7b) | ($873.0m) | ($2.8b) | ($2.4b) | ($2.5b) | ($2.8b) | ($5.6b) | |
| Impact of changes in exchange rates on cash | — | — | — | — | ($11.0m) | $5.0m | ($52.0m) | ($97.0m) | ($41.0m) | $57.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $209.0m | — | ($347.0m) | ($298.0m) | ($282.0m) | $908.0m | ($50.0m) | — | $685.0m | ($565.0m) | |
| Net (decrease) increase in cash before translation effect | $209.0m | ($1.1b) | ($347.0m) | ($298.0m) | ($282.0m) | $908.0m | ($50.0m) | $1.3b | $685.0m | ($565.0m) | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | — | ($44.0m) | $628.0m | $739.0m | $582.0m | $591.0m | $716.0m | $1.1b | $1.1b | $1.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.