Schlumberger Limited (SLB) 10-Q 24 Jul 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2024 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
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	1,419,841,229
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, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue
Total Revenue	$ 9,139	$ 8,099	$ 17,846	$ 15,835
Interest & other income	85	82	169	174
Expenses
Research & engineering	188	163	369	337
General & administrative	94	96	215	187
Restructuring	111		111
Merger & integration	16		27
Interest	132	127	245	244
Income before taxes	1,421	1,293	2,778	2,454
Tax expense	276	246	535	464
Net income	1,145	1,047	2,243	1,990
Net income attributable to noncontrolling interests	33	14	63	23
Net income attributable to SLB	$ 1,112	$ 1,033	$ 2,180	$ 1,967
Basic income per share of SLB	$ 0.78	$ 0.73	$ 1.53	$ 1.38
Diluted income per share of SLB	$ 0.77	$ 0.72	$ 1.51	$ 1.36
Average shares outstanding:
Basic	1,428	1,423	1,429	1,425
Assuming dilution	1,443	1,442	1,445	1,444
Services
Revenue
Total Revenue	$ 5,902	$ 5,563	$ 11,578	$ 10,897
Expenses
Cost of services and sales	4,523	4,288	8,939	8,417
Product
Revenue
Total Revenue	3,237	2,536	6,268	4,938
Expenses
Cost of services and sales	$ 2,739	$ 2,214	$ 5,331	$ 4,370

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 1,145	$ 1,047	$ 2,243	$ 1,990
Currency translation adjustments
Unrealized net change arising during the period	30	(43)	53	(77)
Cash flow hedges
Net (loss) gain on cash flow hedges	(26)	105	(43)	72
Reclassification to net income of net realized gain	6	(9)	5	(14)
Pension and other postretirement benefit plans
Amortization to net income of net actuarial gain	(1)	(2)	(1)	(4)
Amortization to net income of net prior service credit	(5)	(6)	(11)	(11)
Income taxes on pension and other postretirement benefit plans	2	2	3	3
Other	(4)		1
Comprehensive income	1,147	1,094	2,250	1,959
Comprehensive income attributable to noncontrolling interests	33	14	63	23
Comprehensive income attributable to SLB	$ 1,114	$ 1,080	$ 2,187	$ 1,936

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Current Assets
Cash	$ 2,953	$ 2,900
Short-term investments	1,050	1,089
Receivables less allowance for doubtful accounts (2024 - $318; 2023 - $337)	8,605	7,812
Inventories	4,504	4,387
Other current assets	1,405	1,530
Current assets total	18,517	17,718
Investments in Affiliated Companies	1,678	1,624
Fixed Assets less accumulated depreciation	7,335	7,240
Goodwill	14,530	14,084
Intangible Assets	3,198	3,239
Other Assets	4,115	4,052
Total Assets	49,373	47,957
Current Liabilities
Accounts payable and accrued liabilities	10,099	10,904
Estimated liability for taxes on income	867	994
Short-term borrowings and current portion of long-term debt	1,033	1,123
Dividends payable	410	374
Current Liabilities Total	12,409	13,395
Long-term Debt	12,156	10,842
Postretirement Benefits	175	175
Deferred Taxes	135	140
Other Liabilities	2,218	2,046
Total Liabilities	27,093	26,598
Equity
Common stock	11,401	11,624
Treasury stock	(973)	(678)
Retained earnings	14,890	13,497
Accumulated other comprehensive loss	(4,247)	(4,254)
SLB stockholders' equity	21,071	20,189
Noncontrolling interests	1,209	1,170
Total equity	22,280	21,359
Liabilities and stockholders equity	$ 49,373	$ 47,957

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Allowance for doubtful accounts on receivable	$ 318	$ 337

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income		$ 2,243	$ 1,990
Adjustments to reconcile net income to net cash provided by operating activities:
Charges and credits		167	(36)
Depreciation and amortization	[1]	1,231	1,124
Deferred taxes		(29)	118
Stock-based compensation expense		173	160
Earnings of equity method investments, less dividends received		12	(79)
Change in assets and liabilities:
Increase in receivables	[2]	(755)	(614)
Increase in inventories	[2]	(149)	(368)
Decrease in other current assets	[2]	107	157
Increase in other assets	[2]	(5)	(18)
Decrease in accounts payable and accrued liabilities	[2]	(1,080)	(270)
Decrease in estimated liability for taxes on income	[2]	(167)	(191)
Increase (decrease) in other liabilities	[2]	19	(63)
Other	[2]	(4)	28
NET CASH PROVIDED BY OPERATING ACTIVITIES		1,763	1,938
Cash flows from investing activities:
Capital expenditures		(862)	(881)
APS investments		(256)	(253)
Exploration data costs capitalized		(91)	(83)
Business acquisitions and investments, net of cash acquired		(505)	(262)
Proceeds from sale of Liberty shares			137
Sale (purchase) of short-term investments, net		47	(24)
Other		23	(164)
NET CASH USED IN INVESTING ACTIVITIES		(1,644)	(1,530)
Cash flows from financing activities:
Dividends paid		(751)	(605)
Proceeds from employee stock purchase plan		100	86
Proceeds from exercise of stock options		20	38
Taxes paid on net settled stock-based compensation awards		(78)	(144)
Stock repurchase program		(735)	(443)
Proceeds from issuance of long-term debt		1,849	992
Repayment of long-term debt		(426)
Net decrease in short-term borrowings		(19)	(48)
Other		(6)	3
NET CASH USED IN FINANCING ACTIVITIES		(46)	(121)
Net increase in cash before translation effect		73	287
Translation effect on cash		(20)	(12)
Cash, beginning of period		2,900	1,655
Cash, end of period		$ 2,953	$ 1,930
[1] Includes depreciation of fixed assets and amortization of intangible assets, exploration data costs, and Asset Performance Solutions ("APS") investments. Net of the effect of business acquisitions.

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($) shares in Millions, $ in Millions	Total	Common Stock Issued	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interests
Balance at Dec. 31, 2022	$ 17,989	$ 11,837	$ (1,016)	$ 10,719	$ (3,855)	$ 304
Net income	1,990			1,967		23
Currency translation adjustments	(77)				(77)
Changes in fair value of cash flow hedges	58				58
Pension and other postretirement benefit plans	(12)				(12)
Shares sold to optionees, less shares exchanged	38	(31)	69
Vesting of restricted stock, net of taxes withheld	(144)	(573)	429
Employee stock purchase plan	86	(123)	209
Stock repurchase program	(443)		(443)
Stock-based compensation expense	160	160
Dividends declared	(712)			(712)
Dividends paid to noncontrolling interests	(2)					(2)
Other	3		2			1
Balance at Jun. 30, 2023	18,934	11,270	(750)	11,974	(3,886)	326
Balance at Mar. 31, 2023	18,380	11,264	(559)	11,296	(3,933)	312
Net income	1,047			1,033		14
Currency translation adjustments	(43)				(43)
Changes in fair value of cash flow hedges	96				96
Pension and other postretirement benefit plans	(6)				(6)
Shares sold to optionees, less shares exchanged	3	(3)	6
Vesting of restricted stock, net of taxes withheld	(56)	(70)	14
Stock repurchase program	(213)		(213)
Stock-based compensation expense	79	79
Dividends declared	(355)			(355)
Other	2		2
Balance at Jun. 30, 2023	18,934	11,270	(750)	11,974	(3,886)	326
Balance at Dec. 31, 2023	$ 21,359	$ 11,624	$ (678)	13,497	(4,254)	1,170
Balance, shares at Dec. 31, 2023	1,427	1,439
Treasury shares , Balance at Dec. 31, 2023			(12)
Net income	$ 2,243			2,180		63
Currency translation adjustments	53				53
Changes in fair value of cash flow hedges	(38)				(38)
Pension and other postretirement benefit plans	(9)				(9)
Shares sold to optionees, less shares exchanged	20	$ (9)	$ 29
Vesting of restricted stock, net of taxes withheld	$ (78)	(351)	$ 273
Shares sold to optionees, less shares exchanged, shares	1		1
Vesting of restricted stock, shares	5		5
Employee stock purchase plan	$ 100	(36)	$ 136
Shares issued under employee stock purchase plan, shares	2		2
Stock repurchase program	$ (735)		$ (735)
Stock repurchase program, shares	(15)		(15)
Stock-based compensation expense	$ 173	173
Dividends declared	(787)			(787)
Other	(21)		$ 2		1	(24)
Balance at Jun. 30, 2024	$ 22,280	$ 11,401	$ (973)	14,890	(4,247)	1,209
Balance, shares at Jun. 30, 2024	1,420	1,439
Treasury shares, Balance at Jun. 30, 2024			(19)
Balance at Mar. 31, 2024	$ 21,923	$ 11,344	$ (531)	14,172	(4,249)	1,187
Net income	1,145			1,112		33
Currency translation adjustments	30				30
Changes in fair value of cash flow hedges	(20)				(20)
Pension and other postretirement benefit plans	(4)				(4)
Shares sold to optionees, less shares exchanged	5	(3)	8
Vesting of restricted stock, net of taxes withheld	0	(13)	13
Stock repurchase program	(465)		(465)
Stock-based compensation expense	73	73
Dividends declared	(405)			(394)		(11)
Other	(2)		2		(4)
Balance at Jun. 30, 2024	$ 22,280	$ 11,401	$ (973)	$ 14,890	$ (4,247)	$ 1,209
Balance, shares at Jun. 30, 2024	1,420	1,439
Treasury shares, Balance at Jun. 30, 2024			(19)

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) (Unaudited) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Retained Earnings
Dividends declared, per share	$ 0.275	$ 0.25	$ 0.55	$ 0.5

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2024
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 (“SLB”) 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 SLB 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 three-month period ended June 30, 2024 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2024. The December 31, 2023 balance sheet information has been derived from the SLB 2023 audited financial statements. For further information, refer to the Consolidated Financial Statements and notes thereto included in the SLB Annual Report on Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission on January 24, 2024. Recently Announced Transaction On April 2, 2024, SLB announced a definitive agreement to purchase ChampionX Corporation ("ChampionX") in an all-stock transaction. ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely, efficiently, and sustainably around the world. Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share. At the closing of the transaction ChampionX shareholders will own approximately 9 % of SLB's outstanding shares of common stock. ChampionX reported revenue of approximately $ 3.8 billion in 2023. The transaction, which is subject to regulatory approvals and other customary closing conditions, received the approval of the ChampionX stockholders at a special meeting held on June 18, 2024. It is anticipated that the transaction will close in the fourth quarter of 2024 or the first quarter of 2025.

Charges and Credits

Charges and Credits	6 Months Ended
	Jun. 30, 2024
Restructuring and Related Activities [Abstract]
Charges and Credits	2. Charges and Credits 2024 Second quarter During the second quarter of 2024 SLB started a program to realign and optimize its support and service delivery structure in certain parts of its organization. As a result SLB recorded a severance charge of $ 111 million which is classified in Restructuring in the Consolidated Statement of Income . This program is expected to result in additional charges in the third quarter of 2024. In connection with SLB's October 2023 acquisition of Aker Solutions ("Aker") subsea business, SLB recorded $ 31 million of pretax charges during the second quarter of 2024 consisting of: $ 15 million relating to the amortization of purchase accounting adjustments associated with the write-up of acquired inventories to its estimated fair value and $ 16 million of other merger and integration-related costs. $ 15 million of these costs are classified in Cost of Sales in the Consolidated Statement of Income, with the remaining $ 16 million classified in Merger & integration . First quarter In connection with SLB's acquisition of the Aker subsea business, SLB recorded $ 25 million of charges during the first quarter of 2024 consisting of: $ 14 million relating to the amortization of purchase accounting adjustments associated with the write-up of acquired inventories to its estimated fair value and $ 11 million of other merger and integration-related costs. $ 14 million of these costs are classified in Cost of Sales in the Consolidated Statement of Income with the remaining $ 11 million classified in Merger & integration . (Stated in millions) Noncontrolling Pretax Charge Tax Benefit Interests Net First quarter: Merger & integration $ 25 $ 6 $ 5 $ 14 Second quarter: Workforce reductions 111 17 - 94 Merger & integration 31 5 8 18 $ 167 $ 28 $ 13 $ 126 2023 On December 31, 2020, SLB 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 2023, SLB sold all of its remaining approximately 9 million shares of Liberty and received net proceeds of $ 137 million. As a result, SLB recognized a pretax gain of $ 36 million ($ 28 million after-tax), which is classified in Interest & other income in the Consolidated Statement of Income. SLB did no t record any charges or credits during the second quarter of 2023.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings per Share The following is a reconciliation from basic earnings per share of SLB to diluted earnings per share of SLB: (Stated in millions, except per share amounts) 2024 2023 Net Income Average Earnings per Net Income Average Earnings per Second Quarter Basic $ 1,112 1,428 $ 0.78 $ 1,033 1,423 $ 0.73 Assumed exercise of stock options - 1 - 2 Unvested restricted stock - 14 - 17 Diluted $ 1,112 1,443 $ 0.77 $ 1,033 1,442 $ 0.72 2024 2023 Net Income Average Earnings per Net Income Average Earnings per Six Months Basic $ 2,180 1,429 $ 1.53 $ 1,967 $ 1,425 $ 1.38 Assumed exercise of stock options - 1 - 2 Unvested restricted stock - 15 - 17 Diluted $ 2,180 1,445 $ 1.51 $ 1,967 $ 1,444 $ 1.36 The number of outstanding options to purchase shares of SLB 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 2024 2023 2024 2023 Employee stock options 17 22 17 22

Inventories

Inventories	6 Months Ended
	Jun. 30, 2024
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, 2024 2023 Raw materials & field materials $ 2,440 $ 2,296 Work in progress 821 762 Finished goods 1,243 1,329 $ 4,504 $ 4,387

Fixed Assets

Fixed Assets	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Fixed Assets	5. Fixed Assets Fixed assets consist of the following: (Stated in millions) Jun. 30, Dec. 31, 2024 2023 Property, plant & equipment $ 30,198 $ 29,965 Less: Accumulated depreciation 22,863 22,725 $ 7,335 $ 7,240 Depreciation expense relating to fixed assets was as follows: (Stated in millions) 2024 2023 Second Quarter $ 384 $ 353 Six Months $ 761 $ 700

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	6. Intangible Assets Intangible assets consist of the following: (Stated in millions) Jun. 30, 2024 Dec. 31, 2023 Gross Accumulated Net Book Gross Accumulated Net Book Book Value Amortization Value Book Value Amortization Value Customer relationships $ 1,887 $ 754 $ 1,133 $ 1,887 $ 709 $ 1,178 Technology/technical know-how 1,622 821 801 1,516 770 746 Tradenames 795 282 513 795 265 530 Other 1,598 847 751 1,582 797 785 $ 5,902 $ 2,704 $ 3,198 $ 5,780 $ 2,541 $ 3,239 Amortization expense charged to income was as follows: (Stated in millions) 2024 2023 Second Quarter $ 82 $ 77 Six Months $ 163 $ 153 Based on the carrying value of intangible assets at June 30, 2024, amortization expense for the subsequent five years is estimated to be: remaining two quarters of 2024—$ 167 million; 2025—$ 314 million; 2026—$ 305 million; 2027—$ 301 million; 2028—$ 292 million; and 2029—$ 279 million.

Long-term Debt

Long-term Debt	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Long-term Debt	7. Long-term Debt Long-term Debt consists of the following: (Stated in millions) Jun. 30, Dec. 31, 2024 2023 3.90 % Senior Notes due 2028 $ 1,473 $ 1,469 2.65 % Senior Notes due 2030 1,250 1,250 1.375 % Guaranteed Notes due 2026 1,067 1,104 2.00 % Guaranteed Notes due 2032 1,061 1,098 0.25 % Notes due 2027 960 994 0.50 % Notes due 2031 959 992 4.30 % Senior Notes due 2029 847 847 1.00 % Guaranteed Notes due 2026 640 662 4.00 % Senior Notes due 2025 523 523 1.40 % Senior Notes due 2025 499 499 4.50 % Senior Notes due 2028 497 497 4.85 % Senior Notes due 2033 497 497 5.00 % Senior Notes due 2027 494 - 5.00 % Senior Notes due 2029 492 - 5.00 % Senior Notes due 2034 489 - 7.00 % Notes due 2038 199 200 5.95 % Notes due 2041 111 112 5.13 % Notes due 2043 98 98 $ 12,156 $ 10,842 The estimated fair value of SLB’s Long-term Debt, based on quoted market prices at June 30, 2024 and December 31, 2023, was $ 11.3 billion and $ 10.2 billion, respectively. At June 30, 2024, SLB had committed credit facility agreements aggregating $ 5.0 billion with commercial banks, of which $ 4.6 billion was available and unused. These committed facilities, of which $ 2.0 billion matures in February 2027 and $ 3.0 billion matures in December 2028, support commercial paper programs in the United States and Europe. Borrowings under the commercial paper programs at June 30, 2024 were $ 374 m illion, all of which were classified in Short-term borrowings and current portion of long-term debt in the Consolidated Balance Sheet . There were no borrowings u nder the commercial paper programs at December 31, 2023. Schlumberger Limited fully and unconditionally guarantees the securities issued by certain of its subsidiaries, including securities issued by Schlumberger Investment S.A. and Schlumberger Finance Canada Ltd., both indirect wholly-owned subsidiaries of Schlumberger Limited.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	8. Derivative Instruments and Hedging Activities SLB’s functional currency is primarily the US dollar. However, outside the United States, a significant portion of SLB’s expenses is incurred in foreign currencies. Therefore, when the US dollar weakens (strengthens) in relation to the foreign currencies of the countries in which SLB conducts business, the US dollar-reported expenses will increase (decrease). Changes in foreign currency exchange rates expose SLB to risks on future cash flows relating to its fixed rate debt denominated in currencies other than the functional currency. SLB uses cross-currency interest rate swaps to provide a hedge against these risks. These contracts are accounted for as cash flow hedges, with the fair value of the derivative 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. Details regarding SLB’s outstanding cross-currency interest rate swaps as of June 30, 2024, were as follows: • During 2019, a US-dollar functional currency subsidiary of SLB issued € 1.5 billion of Euro-denominated debt. SLB entered into cross-currency interest rate swaps in order to hedge changes in the US dollar 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 interest rate 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 SLB issued € 0.8 billion of Euro-denominated debt. SLB entered into cross-currency interest rate swaps to hedge changes in the US dollar 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 interest rate 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 SLB issued € 2.0 billion of Euro-denominated debt. SLB entered into cross-currency interest rate swaps to hedge changes in the US dollar 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 interest rate swaps effectively convert 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 SLB issued $ 0.5 billion of US dollar denominated debt. SLB entered into cross-currency interest rate swaps to hedge changes in the US dollar value of its $ 0.5 billion 1.40 % Senior Notes due 2025. These cross-currency interest rate swaps effectively convert the US dollar notes to Canadian dollar denominated debt with a fixed annual interest rate of 1.73 %. A summary of the amounts included in the Consolidated Balance Sheet relating to cross currency interest rate swaps was as follows: (Stated in millions) Jun. 30, 2024 Dec. 31, 2023 Accounts payable and accrued liabilities $ 17 $ - Other Assets $ 12 $ 36 Other Liabilities $ 158 $ 67 The fair values were determined using a model with inputs that are observable in the market or can be derived or corroborated by observable data. SLB has entered into derivative contracts that hedge the price of oil related to approximately 75 % of the projected oil production for the third and fourth quarters of 2024, approximately 50 % for the first quarter of 2025, and approximately 25 % for the second quarter of 2025 for one of its Asset Performance Solutions ("APS") projects. These contracts are accounted for as cash flow hedges, with changes in the 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. SLB 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. SLB 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. SLB is also exposed to changes in the fair value of assets and liabilities denominated in currencies other than the functional currency. While SLB 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 derivative 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. Foreign currency forward contracts were outstanding for the US dollar equivalent of $ 6.3 billion and $ 5.4 billion in various foreign currencies as of June 30, 2024 and December 31, 2023, respectively. Other than the previously mentioned cross-currency interest rate swaps, the fair value of the other outstanding derivatives was no t material as of June 30, 2024 and December 31, 2023. 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 2024 2023 2024 2023 Consolidated Statement of Income Classification Derivatives designated as cash flow hedges: Cross-currency interest rate swaps $ ( 52 ) $ 38 $ ( 146 ) $ 132 Cost of services/sales Cross-currency interest rate swaps ( 22 ) ( 22 ) ( 44 ) ( 44 ) Interest expense Commodity contracts ( 7 ) 4 ( 10 ) 7 Revenue Foreign exchange contracts 2 4 2 7 Cost of services/sales Foreign exchange contracts ( 1 ) - 2 - Revenue $ ( 80 ) $ 24 $ ( 196 ) $ 102 Derivatives not designated as hedges: Foreign exchange contracts $ 18 $ ( 27 ) $ 23 $ ( 26 ) Cost of services/sales SLB issued a credit default swap ("CDS") to a third-party financial institution that has a notional amount outstanding, as of June 30, 2024, of $ 463 million. The CDS related to a secured borrowing provided by the financial institution to SLB's primary customer in Mexico. The secured borrowing was utilized by this customer to pay certain of SLB's outstanding receivables. The notional amount of the CDS reduces on a monthly basis over its remaining 20 -month term. The fair value of this derivative liability was not material at June 30, 2024. In July 2024, SLB issued a CDS to a different third-party financial institution for a notional amount of $ 550 million relating to a borrowing provided by the financial institution to SLB's primary customer in Mexico. This borrowing was utilized by the customer to pay certain of SLB's outstanding receivables. The notional amount of this CDS reduces on a monthly basis over its 24 -month term.

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies	9. Contingencies SLB 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
	Jun. 30, 2024
Segment Reporting [Abstract]
Segment Information	10. Segment Information (Stated in millions) Second Quarter 2024 Second Quarter 2023 Income Income Revenue Before Taxes Revenue Before Taxes Digital & Integration $ 1,050 $ 325 $ 947 $ 322 Reservoir Performance 1,819 376 1,643 306 Well Construction 3,411 742 3,362 731 Production Systems 3,025 473 2,313 278 Eliminations & other ( 166 ) ( 62 ) ( 166 ) ( 56 ) 1,854 1,581 Corporate & other (1) ( 191 ) ( 183 ) Interest income (2) 29 19 Interest expense (3) ( 129 ) ( 124 ) Charges and credits (4) ( 142 ) - $ 9,139 $ 1,421 $ 8,099 $ 1,293 (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 that are included in the segments’ income ($ 9 million in 2024; $- million in 2023). (3) Interest expense excludes amounts that are included in the segments’ income ( $ 3 million in both 2024 and 2023). (4) See Note 2 – Charges and Credits . (Stated in millions) Six Months 2024 Six Months 2023 Income Income Revenue Before Taxes Revenue Before Taxes Digital & Integration $ 2,003 $ 579 $ 1,840 $ 587 Reservoir Performance 3,544 715 3,146 548 Well Construction 6,779 1,432 6,623 1,403 Production Systems 5,843 873 4,520 483 Eliminations & other ( 323 ) ( 97 ) ( 294 ) ( 49 ) 3,502 2,972 Corporate & other (1) ( 382 ) ( 353 ) Interest income (2) 63 36 Interest expense (3) ( 238 ) ( 237 ) Charges and credits (4) ( 167 ) 36 $ 17,846 $ 2,778 $ 15,835 $ 2,454 (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 that are included in the segments’ income ($ 13 million in 2024; $- million in 2023). (3) Interest expense excludes amounts that are included in the segments’ income ( $ 7 million in both 2024 and 2023). (4) See Note 2 – Charges and Credits . Revenue by geographic area was as follows: (Stated in millions) Second Quarter Six Months 2024 2023 2024 2023 North America $ 1,644 $ 1,746 $ 3,242 $ 3,443 Latin America 1,742 1,624 3,395 3,242 Europe & Africa (1) 2,442 2,031 4,764 4,005 Middle East & Asia 3,268 2,642 6,348 5,035 Other 43 56 97 110 $ 9,139 $ 8,099 $ 17,846 $ 15,835 (1) Includes Russia and the Caspian region. North America and International revenue disaggregated by segment was as follows: (Stated in millions) Second Quarter 2024 North America International Other Total Digital & Integration $ 291 $ 757 $ 2 $ 1,050 Reservoir Performance 134 1,684 1 1,819 Well Construction 592 2,768 51 3,411 Production Systems 640 2,378 7 3,025 Eliminations & other ( 13 ) ( 135 ) ( 18 ) ( 166 ) $ 1,644 $ 7,452 $ 43 $ 9,139 Second Quarter 2023 North America International Other Total Digital & Integration $ 234 $ 712 $ 1 $ 947 Reservoir Performance 130 1,512 1 1,643 Well Construction 721 2,582 59 3,362 Production Systems 679 1,628 6 2,313 Eliminations & other ( 18 ) ( 137 ) ( 11 ) ( 166 ) $ 1,746 $ 6,297 $ 56 $ 8,099 Six Months 2024 North America International Other Total Digital & Integration $ 527 $ 1,474 $ 2 $ 2,003 Reservoir Performance 264 3,276 4 3,544 Well Construction 1,196 5,475 108 6,779 Production Systems 1,286 4,543 14 5,843 Eliminations & other ( 31 ) ( 261 ) ( 31 ) ( 323 ) $ 3,242 $ 14,507 $ 97 $ 17,846 Six Months 2023 North America International Other Total Digital & Integration $ 485 $ 1,354 $ 1 $ 1,840 Reservoir Performance 250 2,892 4 3,146 Well Construction 1,432 5,075 116 6,623 Production Systems 1,305 3,202 13 4,520 Eliminations & other ( 29 ) ( 241 ) ( 24 ) ( 294 ) $ 3,443 $ 12,282 $ 110 $ 15,835 Revenue in excess of billings related to contracts where revenue is recognized over time was $ 0.4 billion at both June 30, 2024 and December 31, 2023. Such amounts are included within Receivables less allowance for doubtful accounts in the Consolidated Balance Sheet . Total backlog was $ 5.1 billion at June 30, 2024, 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 $ 2.0 b illion at both June 30, 2024 and December 31, 2023. Such amounts are included within Accounts payable and accrued liabilities in the Consolidated Balance Sheet .

Charges and Credits (Table)

Charges and Credits (Table)	6 Months Ended
	Jun. 30, 2024
Restructuring and Related Activities [Abstract]
Summary of Charges and Credits	In connection with SLB's acquisition of the Aker subsea business, SLB recorded $ 25 million of charges during the first quarter of 2024 consisting of: $ 14 million relating to the amortization of purchase accounting adjustments associated with the write-up of acquired inventories to its estimated fair value and $ 11 million of other merger and integration-related costs. $ 14 million of these costs are classified in Cost of Sales in the Consolidated Statement of Income with the remaining $ 11 million classified in Merger & integration . (Stated in millions) Noncontrolling Pretax Charge Tax Benefit Interests Net First quarter: Merger & integration $ 25 $ 6 $ 5 $ 14 Second quarter: Workforce reductions 111 17 - 94 Merger & integration 31 5 8 18 $ 167 $ 28 $ 13 $ 126

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Reconciliation of Earnings Per Share	The following is a reconciliation from basic earnings per share of SLB to diluted earnings per share of SLB: (Stated in millions, except per share amounts) 2024 2023 Net Income Average Earnings per Net Income Average Earnings per Second Quarter Basic $ 1,112 1,428 $ 0.78 $ 1,033 1,423 $ 0.73 Assumed exercise of stock options - 1 - 2 Unvested restricted stock - 14 - 17 Diluted $ 1,112 1,443 $ 0.77 $ 1,033 1,442 $ 0.72 2024 2023 Net Income Average Earnings per Net Income Average Earnings per Six Months Basic $ 2,180 1,429 $ 1.53 $ 1,967 $ 1,425 $ 1.38 Assumed exercise of stock options - 1 - 2 Unvested restricted stock - 15 - 17 Diluted $ 2,180 1,445 $ 1.51 $ 1,967 $ 1,444 $ 1.36
Schedule of Antidilutive Securities Excluded from Computation of Income Per Share	The number of outstanding options to purchase shares of SLB 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 2024 2023 2024 2023 Employee stock options 17 22 17 22

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2024
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, 2024 2023 Raw materials & field materials $ 2,440 $ 2,296 Work in progress 821 762 Finished goods 1,243 1,329 $ 4,504 $ 4,387

Fixed Assets (Tables)

Fixed Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Summary of Fixed Assets	Fixed assets consist of the following: (Stated in millions) Jun. 30, Dec. 31, 2024 2023 Property, plant & equipment $ 30,198 $ 29,965 Less: Accumulated depreciation 22,863 22,725 $ 7,335 $ 7,240
Summary of Depreciation Expense Relating to Fixed Assets	Depreciation expense relating to fixed assets was as follows: (Stated in millions) 2024 2023 Second Quarter $ 384 $ 353 Six Months $ 761 $ 700

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets by Major Class	Intangible assets consist of the following: (Stated in millions) Jun. 30, 2024 Dec. 31, 2023 Gross Accumulated Net Book Gross Accumulated Net Book Book Value Amortization Value Book Value Amortization Value Customer relationships $ 1,887 $ 754 $ 1,133 $ 1,887 $ 709 $ 1,178 Technology/technical know-how 1,622 821 801 1,516 770 746 Tradenames 795 282 513 795 265 530 Other 1,598 847 751 1,582 797 785 $ 5,902 $ 2,704 $ 3,198 $ 5,780 $ 2,541 $ 3,239
Amortization Expense Charged to Income for Intangible Assets	Amortization expense charged to income was as follows: (Stated in millions) 2024 2023 Second Quarter $ 82 $ 77 Six Months $ 163 $ 153

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Summary of Long-term Debt	Long-term Debt consists of the following: (Stated in millions) Jun. 30, Dec. 31, 2024 2023 3.90 % Senior Notes due 2028 $ 1,473 $ 1,469 2.65 % Senior Notes due 2030 1,250 1,250 1.375 % Guaranteed Notes due 2026 1,067 1,104 2.00 % Guaranteed Notes due 2032 1,061 1,098 0.25 % Notes due 2027 960 994 0.50 % Notes due 2031 959 992 4.30 % Senior Notes due 2029 847 847 1.00 % Guaranteed Notes due 2026 640 662 4.00 % Senior Notes due 2025 523 523 1.40 % Senior Notes due 2025 499 499 4.50 % Senior Notes due 2028 497 497 4.85 % Senior Notes due 2033 497 497 5.00 % Senior Notes due 2027 494 - 5.00 % Senior Notes due 2029 492 - 5.00 % Senior Notes due 2034 489 - 7.00 % Notes due 2038 199 200 5.95 % Notes due 2041 111 112 5.13 % Notes due 2043 98 98 $ 12,156 $ 10,842

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Derivatives Included in the Consolidated Balance Sheet	A summary of the amounts included in the Consolidated Balance Sheet relating to cross currency interest rate swaps was as follows: (Stated in millions) Jun. 30, 2024 Dec. 31, 2023 Accounts payable and accrued liabilities $ 17 $ - Other Assets $ 12 $ 36 Other Liabilities $ 158 $ 67
Effect of Derivative Instruments Designated as Cash Flow Hedges and Not Designated as Hedges on Consolidated Statement of 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 2024 2023 2024 2023 Consolidated Statement of Income Classification Derivatives designated as cash flow hedges: Cross-currency interest rate swaps $ ( 52 ) $ 38 $ ( 146 ) $ 132 Cost of services/sales Cross-currency interest rate swaps ( 22 ) ( 22 ) ( 44 ) ( 44 ) Interest expense Commodity contracts ( 7 ) 4 ( 10 ) 7 Revenue Foreign exchange contracts 2 4 2 7 Cost of services/sales Foreign exchange contracts ( 1 ) - 2 - Revenue $ ( 80 ) $ 24 $ ( 196 ) $ 102 Derivatives not designated as hedges: Foreign exchange contracts $ 18 $ ( 27 ) $ 23 $ ( 26 ) Cost of services/sales

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	(Stated in millions) Second Quarter 2024 Second Quarter 2023 Income Income Revenue Before Taxes Revenue Before Taxes Digital & Integration $ 1,050 $ 325 $ 947 $ 322 Reservoir Performance 1,819 376 1,643 306 Well Construction 3,411 742 3,362 731 Production Systems 3,025 473 2,313 278 Eliminations & other ( 166 ) ( 62 ) ( 166 ) ( 56 ) 1,854 1,581 Corporate & other (1) ( 191 ) ( 183 ) Interest income (2) 29 19 Interest expense (3) ( 129 ) ( 124 ) Charges and credits (4) ( 142 ) - $ 9,139 $ 1,421 $ 8,099 $ 1,293 (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 that are included in the segments’ income ($ 9 million in 2024; $- million in 2023). (3) Interest expense excludes amounts that are included in the segments’ income ( $ 3 million in both 2024 and 2023). (4) See Note 2 – Charges and Credits . (Stated in millions) Six Months 2024 Six Months 2023 Income Income Revenue Before Taxes Revenue Before Taxes Digital & Integration $ 2,003 $ 579 $ 1,840 $ 587 Reservoir Performance 3,544 715 3,146 548 Well Construction 6,779 1,432 6,623 1,403 Production Systems 5,843 873 4,520 483 Eliminations & other ( 323 ) ( 97 ) ( 294 ) ( 49 ) 3,502 2,972 Corporate & other (1) ( 382 ) ( 353 ) Interest income (2) 63 36 Interest expense (3) ( 238 ) ( 237 ) Charges and credits (4) ( 167 ) 36 $ 17,846 $ 2,778 $ 15,835 $ 2,454 (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 that are included in the segments’ income ($ 13 million in 2024; $- million in 2023). (3) Interest expense excludes amounts that are included in the segments’ income ( $ 7 million in both 2024 and 2023). (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 2024 2023 2024 2023 North America $ 1,644 $ 1,746 $ 3,242 $ 3,443 Latin America 1,742 1,624 3,395 3,242 Europe & Africa (1) 2,442 2,031 4,764 4,005 Middle East & Asia 3,268 2,642 6,348 5,035 Other 43 56 97 110 $ 9,139 $ 8,099 $ 17,846 $ 15,835 (1) Includes Russia and the Caspian region.
Summary of North America and International Revenue Disaggregated by Segment	North America and International revenue disaggregated by segment was as follows: (Stated in millions) Second Quarter 2024 North America International Other Total Digital & Integration $ 291 $ 757 $ 2 $ 1,050 Reservoir Performance 134 1,684 1 1,819 Well Construction 592 2,768 51 3,411 Production Systems 640 2,378 7 3,025 Eliminations & other ( 13 ) ( 135 ) ( 18 ) ( 166 ) $ 1,644 $ 7,452 $ 43 $ 9,139 Second Quarter 2023 North America International Other Total Digital & Integration $ 234 $ 712 $ 1 $ 947 Reservoir Performance 130 1,512 1 1,643 Well Construction 721 2,582 59 3,362 Production Systems 679 1,628 6 2,313 Eliminations & other ( 18 ) ( 137 ) ( 11 ) ( 166 ) $ 1,746 $ 6,297 $ 56 $ 8,099 Six Months 2024 North America International Other Total Digital & Integration $ 527 $ 1,474 $ 2 $ 2,003 Reservoir Performance 264 3,276 4 3,544 Well Construction 1,196 5,475 108 6,779 Production Systems 1,286 4,543 14 5,843 Eliminations & other ( 31 ) ( 261 ) ( 31 ) ( 323 ) $ 3,242 $ 14,507 $ 97 $ 17,846 Six Months 2023 North America International Other Total Digital & Integration $ 485 $ 1,354 $ 1 $ 1,840 Reservoir Performance 250 2,892 4 3,146 Well Construction 1,432 5,075 116 6,623 Production Systems 1,305 3,202 13 4,520 Eliminations & other ( 29 ) ( 241 ) ( 24 ) ( 294 ) $ 3,443 $ 12,282 $ 110 $ 15,835

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended		12 Months Ended
	Apr. 02, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Business Acquisition [Line Items]
Revenue		$ 9,139	$ 8,099	$ 17,846	$ 15,835
ChampionX
Business Acquisition [Line Items]
Business acquisition, number of shares receivable for each share	0.735
Business acquisition, percentage of voting interests acquired	9%
Revenue						$ 3,800

Charges and Credits - Additiona

Charges and Credits - Additional Information (Detail) - USD ($) shares in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Charges And Credits [Line Items]
Severance charge	$ 111,000,000
Merger & integration	16,000,000				$ 27,000,000
Charges and credits, Net			$ 0		126,000,000
Liberty Energy Inc
Charges And Credits [Line Items]
Shares issued				9
Received proceeds from sale of shares				$ 137,000,000
Gains on sales of businesses				28,000,000
Pretax gain on sale of business				$ 36,000,000
Product
Charges And Credits [Line Items]
Cost of services and sales	2,739,000,000		$ 2,214,000,000		$ 5,331,000,000	$ 4,370,000,000
Aker | Subsea Business
Charges And Credits [Line Items]
Business acquisition pre tax charges	31,000,000	$ 25,000,000
Amortization of purchase accounting adjustments related to acquired inventories	15,000,000	14,000,000
Other merger and integration-related costs	16,000,000	11,000,000
Aker | Subsea Business | Product
Charges And Credits [Line Items]
Cost of services and sales	$ 15,000,000	$ 14,000,000

Charges and Credits - Summary o

Charges and Credits - Summary of Charges and Credits (Detail) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Jun. 30, 2024
Charges And Credits [Line Items]
Charges and credits, Pretax Charge				$ 167,000,000
Charges and credits, Tax Benefit				28,000,000
Charges and credits, Noncontrolling Interests				13,000,000
Charges and credits, Net			$ 0	$ 126,000,000
Interest And Other | Workforce reductions
Charges And Credits [Line Items]
Charges and credits, Pretax Charge	$ 111,000,000
Charges and credits, Tax Benefit	17,000,000
Charges and credits, Net	94,000,000
Interest And Other | Merger & integration
Charges And Credits [Line Items]
Charges and credits, Pretax Charge	31,000,000	$ 25,000,000
Charges and credits, Tax Benefit	5,000,000	6,000,000
Charges and credits, Noncontrolling Interests	8,000,000	5,000,000
Charges and credits, Net	$ 18,000,000	$ 14,000,000

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net Income Attributable to Schlumberger
Basic	$ 1,112	$ 1,033	$ 2,180	$ 1,967
Diluted	$ 1,112	$ 1,033	$ 2,180	$ 1,967
Average Shares Outstanding
Basic	1,428	1,423	1,429	1,425
Assumed exercise of stock options	1	2	1	2
Unvested restricted stock	14	17	15	17
Diluted	1,443	1,442	1,445	1,444
Earnings per Share
Basic	$ 0.78	$ 0.73	$ 1.53	$ 1.38
Diluted	$ 0.77	$ 0.72	$ 1.51	$ 1.36

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, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Employee Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount	17	22	17	22

Inventories - Summary of Invent

Inventories - Summary of Inventory (Detail) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Raw materials & field materials	$ 2,440	$ 2,296
Work in progress	821	762
Finished goods	1,243	1,329
Inventories	$ 4,504	$ 4,387

Fixed Assets - Summary of Fixed

Fixed Assets - Summary of Fixed Assets (Detail) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property, plant & equipment	$ 30,198	$ 29,965
Less: Accumulated depreciation	22,863	22,725
Fixed assets less accumulated depreciation	$ 7,335	$ 7,240

Fixed Assets - Summary of Depre

Fixed Assets - Summary of Depreciation Expense Relating to Fixed Assets (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Depreciation expense relating to fixed assets	$ 384	$ 353	$ 761	$ 700

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets by Major Class (Detail) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Finite Lived Intangible Assets [Line Items]
Gross Book Value	$ 5,902	$ 5,780
Accumulated Amortization	2,704	2,541
Net Book Value	3,198	3,239
Customer Relationships
Finite Lived Intangible Assets [Line Items]
Gross Book Value	1,887	1,887
Accumulated Amortization	754	709
Net Book Value	1,133	1,178
Technology/Technical Know-How
Finite Lived Intangible Assets [Line Items]
Gross Book Value	1,622	1,516
Accumulated Amortization	821	770
Net Book Value	801	746
Tradenames
Finite Lived Intangible Assets [Line Items]
Gross Book Value	795	795
Accumulated Amortization	282	265
Net Book Value	513	530
Other
Finite Lived Intangible Assets [Line Items]
Gross Book Value	1,598	1,582
Accumulated Amortization	847	797
Net Book Value	$ 751	$ 785

Intangible Assets - Amortizatio

Intangible Assets - Amortization Expense Charged to Income for Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense charged to income	$ 82	$ 77	$ 163	$ 153

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) $ in Millions	Jun. 30, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Estimated amortization expense, remaining two quarters of 2024	$ 167
Estimated amortization expense, 2025	314
Estimated amortization expense, 2026	305
Estimated amortization expense, 2027	301
Estimated amortization expense, 2028	292
Estimated amortization expense, 2029	$ 279

Long-term Debt - Summary of Lon

Long-term Debt - Summary of Long-term Debt (Detail) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term debt, carrying amount	$ 12,156	$ 10,842
3.90% Senior Notes due 2028
Debt Instrument [Line Items]
Long-term debt, carrying amount	1,473	1,469
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	1,067	1,104
2.00% Guaranteed Notes due 2032
Debt Instrument [Line Items]
Long-term debt, carrying amount	1,061	1,098
0.25% Notes due 2027
Debt Instrument [Line Items]
Long-term debt, carrying amount	960	994
0.50% Notes due 2031
Debt Instrument [Line Items]
Long-term debt, carrying amount	959	992
4.30% Senior Notes due 2029
Debt Instrument [Line Items]
Long-term debt, carrying amount	847	847
1.00% Guaranteed Notes due 2026
Debt Instrument [Line Items]
Long-term debt, carrying amount	640	662
4.00% Senior Notes due 2025
Debt Instrument [Line Items]
Long-term debt, carrying amount	523	523
1.40% Senior Notes due 2025
Debt Instrument [Line Items]
Long-term debt, carrying amount	499	499
4.50% Senior Notes due 2028
Debt Instrument [Line Items]
Long-term debt, carrying amount	497	497
4.85% Senior Notes due 2033
Debt Instrument [Line Items]
Long-term debt, carrying amount	497	497
5.00% Senior Notes due 2027
Debt Instrument [Line Items]
Long-term debt, carrying amount	494
5.00% Senior Notes due 2029
Debt Instrument [Line Items]
Long-term debt, carrying amount	492
5.00% Senior Notes due 2034
Debt Instrument [Line Items]
Long-term debt, carrying amount	489
7.00% Notes due 2038
Debt Instrument [Line Items]
Long-term debt, carrying amount	199	200
5.95% Notes due 2041
Debt Instrument [Line Items]
Long-term debt, carrying amount	111	112
5.13% Notes due 2043
Debt Instrument [Line Items]
Long-term debt, carrying amount	$ 98	$ 98

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, 2024	Dec. 31, 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
2.00% 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
4.30% Senior Notes due 2029
Debt Instrument [Line Items]
Debt instrument interest rate	4.30%	4.30%
Debt instrument maturity date	2029	2029
1.00% Guaranteed Notes due 2026
Debt Instrument [Line Items]
Debt instrument interest rate	1%	1%
Debt instrument maturity date	2026	2026
4.00% Senior Notes due 2025
Debt Instrument [Line Items]
Debt instrument interest rate	4%	4%
Debt instrument maturity date	2025	2025
1.40% Senior Notes due 2025
Debt Instrument [Line Items]
Debt instrument interest rate	1.40%	1.40%
Debt instrument maturity date	2025	2025
4.50% Senior Notes due 2028
Debt Instrument [Line Items]
Debt instrument interest rate	4.50%	4.50%
Debt instrument maturity date	2028	2028
4.85% Senior Notes due 2033
Debt Instrument [Line Items]
Debt instrument interest rate	4.85%	4.85%
Debt instrument maturity date	2033	2033
5.00% Senior Notes due 2027
Debt Instrument [Line Items]
Debt instrument interest rate	5%	5%
Debt instrument maturity date	2027	2027
5.00% Senior Notes due 2029
Debt Instrument [Line Items]
Debt instrument interest rate	5%	5%
Debt instrument maturity date	2029	2029
5.00% Senior Notes due 2034
Debt Instrument [Line Items]
Debt instrument interest rate	5%	5%
Debt instrument maturity date	2034	2034
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

Long-term Debt - Additional Inf

Long-term Debt - Additional Information (Detail) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long-term debt, fair value	$ 11,300,000,000	$ 10,200,000,000
Committed credit facility agreement aggregated	5,000,000,000
Committed credit facility agreement, unused borrowing capacity	4,600,000,000
Short-term borrowings and current portion of long-term debt	1,033,000,000	1,123,000,000
Commercial paper programs mature in February 2027
Debt Instrument [Line Items]
Committed credit facility agreement aggregated	2,000,000,000
Commercial paper programs mature in December 2028
Debt Instrument [Line Items]
Committed credit facility agreement aggregated	3,000,000,000
Commercial paper borrowings
Debt Instrument [Line Items]
Long-term debt		$ 0
Short-term borrowings and current portion of long-term debt	$ 374,000,000

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Additional Information (Detail) € in Billions	1 Months Ended	3 Months Ended				6 Months Ended
	Jul. 31, 2024 USD ($)	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2020 EUR (€)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 EUR (€)
Derivative [Line Items]
Denominated debt issued									$ 500,000,000	€ 1.5
Fair value of outstanding derivatives | $						$ 0	$ 0
Credit Default Swap
Derivative [Line Items]
Notional amount of interest rate swap | $						$ 463,000,000
Credit derivative term						20 months
Subsequent Event | Credit Default Swap
Derivative [Line Items]
Notional amount of interest rate swap | $	$ 550,000,000
Credit derivative term	24 months
Scenario Forecast
Derivative [Line Items]
Percentage of derivative contracts of oil price		25%	50%	75%	75%
0.00% Notes due 2024
Derivative [Line Items]
Notes, face amount										€ 0.5
Derivative swap interest rate										0%
0.25% Notes due 2027
Derivative [Line Items]
Notes, face amount								€ 0.4		€ 0.5
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								€ 0.4		€ 0.5
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								€ 0.8
Euro-denominated Guaranteed Notes
Derivative [Line Items]
Denominated debt issued								2
1.375% Guaranteed Notes due 2026
Derivative [Line Items]
Notes, face amount								€ 1
Derivative swap interest rate								1.375%	1.375%
2.00% Guaranteed Notes due 2032
Derivative [Line Items]
Notes, face amount								€ 1
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%
Cross currency interest rate swaps | 0.00% Notes due 2024
Derivative [Line Items]
Promissory note interest rate										2.29%
Cross currency interest rate swaps | 0.25% Notes due 2027
Derivative [Line Items]
Promissory note interest rate								1.87%	1.87%	2.51%
Cross currency interest rate swaps | 0.50% Notes due 2031
Derivative [Line Items]
Promissory note interest rate								2.20%	2.20%	2.76%
Cross currency interest rate swaps | 1.375% Guaranteed Notes due 2026
Derivative [Line Items]
Promissory note interest rate								2.77%	2.77%
Cross currency interest rate swaps | 2.00% Guaranteed Notes due 2032
Derivative [Line Items]
Promissory note interest rate								3.49%	3.49%
Cross currency interest rate swaps | 1.40% Senior Notes due 2025
Derivative [Line Items]
Promissory note interest rate								1.73%	1.73%
Foreign exchange contracts
Derivative [Line Items]
Notional amount of interest rate swap | $						$ 6,300,000,000	$ 5,400,000,000

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Summary of Derivatives Included in the Consolidated Balance Sheet (Detail) - Cross currency interest rate swaps - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Derivative liability current	$ 17
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accounts Payable and Accrued Liabilities, Current
Derivative assets noncurrent	$ 12	$ 36
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Assets, Noncurrent	Other Assets, Noncurrent
Derivative liability noncurrent	$ 158	$ 67
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities - Effect of Derivative Instruments Designated as Cash Flow Hedges and Not Designated as Hedges on Consolidated Statement of Income (Detail) - Cash Flow Hedging - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivatives designated as hedges
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ (80)	$ 24	$ (196)	$ 102
Derivatives designated as hedges | Cross currency interest rate swaps
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ (52)	$ 38	$ (146)	$ 132
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of services and sales	Cost of services and sales	Cost of services and sales	Cost of services and sales
Derivatives designated as hedges | Cross currency interest rate swaps
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ (22)	$ (22)	$ (44)	$ (44)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest	Interest	Interest	Interest
Derivatives designated as hedges | Commodity contracts
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ (7)	$ 4	$ (10)	$ 7
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Total Revenue	Total Revenue	Total Revenue	Total Revenue
Derivatives designated as hedges | Foreign exchange contracts
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ 2	$ 4	$ 2	$ 7
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of services and sales	Cost of services and sales	Cost of services and sales	Cost of services and sales
Derivatives designated as hedges | Foreign exchange contracts
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ (1)		$ 2
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Total Revenue	Total Revenue	Total Revenue	Total Revenue
Derivatives not designated as hedges | Foreign exchange contracts
Derivative Instruments Gain Loss [Line Items]
Gain (Loss) Recognized in Income	$ 18	$ (27)	$ 23	$ (26)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of services and sales	Cost of services and sales	Cost of services and sales	Cost of services and sales

Segment Information - Schedule

Segment Information - Schedule of Segment Reporting Information, by Segment (Detail) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2024		Jun. 30, 2023		Jun. 30, 2024		Jun. 30, 2023
Segment Reporting Information [Line Items]
Revenue	$ 9,139		$ 8,099		$ 17,846		$ 15,835
Interest expense	132		127		245		244
Income Before Taxes	1,421		1,293		2,778		2,454
Digital Integration
Segment Reporting Information [Line Items]
Revenue	1,050		947		2,003		1,840
Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1,819		1,643		3,544		3,146
Well Construction
Segment Reporting Information [Line Items]
Revenue	3,411		3,362		6,779		6,623
Production Systems
Segment Reporting Information [Line Items]
Revenue	3,025		2,313		5,843		4,520
Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(166)		(166)		(323)		(294)
Operating Segments
Segment Reporting Information [Line Items]
Revenue	9,139		8,099		17,846		15,835
Pretax segment operating income	1,854		1,581		3,502		2,972
Interest income	9				13
Interest expense	3		3		7		7
Operating Segments | Digital Integration
Segment Reporting Information [Line Items]
Revenue	1,050		947		2,003		1,840
Pretax segment operating income	325		322		579		587
Operating Segments | Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1,819		1,643		3,544		3,146
Pretax segment operating income	376		306		715		548
Operating Segments | Well Construction
Segment Reporting Information [Line Items]
Revenue	3,411		3,362		6,779		6,623
Pretax segment operating income	742		731		1,432		1,403
Operating Segments | Production Systems
Segment Reporting Information [Line Items]
Revenue	3,025		2,313		5,843		4,520
Pretax segment operating income	473		278		873		483
Operating Segments | Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(166)		(166)		(323)		(294)
Pretax segment operating income	(62)		(56)		(97)		(49)
Eliminations & other
Segment Reporting Information [Line Items]
Corporate & other	(191)	[1]	(183)	[1]	(382)	[2]	(353)	[2]
Interest income	29	[3]	19	[3]	63	[4]	36	[4]
Interest expense	(129)	[5]	$ (124)	[5]	(238)	[6]	(237)	[6]
Charges and credits	$ (142)	[7]			$ (167)	[8]	$ 36	[8]
[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. 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. Interest income excludes amounts that are included in the segments’ income ($ 9 million in 2024; $- million in 2023). Interest income excludes amounts that are included in the segments’ income ($ 13 million in 2024; $- million in 2023). Interest expense excludes amounts that are included in the segments’ income ( $ 3 million in both 2024 and 2023). Interest expense excludes amounts that are included in the segments’ income ( $ 7 million in both 2024 and 2023). See Note 2 – Charges and Credits . 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, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Interest expense	$ 132	$ 127	$ 245	$ 244
Operating Segments
Segment Reporting Information [Line Items]
Interest income	9		13
Interest expense	$ 3	$ 3	$ 7	$ 7

Segment Information - Revenue b

Segment Information - Revenue by Geographic Area (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Revenue		$ 9,139	$ 8,099	$ 17,846	$ 15,835
Operating Segments
Segment Reporting Information [Line Items]
Revenue		9,139	8,099	17,846	15,835
Operating Segments | North America
Segment Reporting Information [Line Items]
Revenue		1,644	1,746	3,242	3,443
Operating Segments | Latin America
Segment Reporting Information [Line Items]
Revenue		1,742	1,624	3,395	3,242
Operating Segments | Europe & Africa
Segment Reporting Information [Line Items]
Revenue	[1]	2,442	2,031	4,764	4,005
Operating Segments | Middle East & Asia
Segment Reporting Information [Line Items]
Revenue		3,268	2,642	6,348	5,035
Operating Segments | Other
Segment Reporting Information [Line Items]
Revenue		$ 43	$ 56	$ 97	$ 110
[1] Includes Russia and the Caspian region.

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, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Revenue	$ 9,139	$ 8,099	$ 17,846	$ 15,835
Digital Integration
Segment Reporting Information [Line Items]
Revenue	1,050	947	2,003	1,840
Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1,819	1,643	3,544	3,146
Well Construction
Segment Reporting Information [Line Items]
Revenue	3,411	3,362	6,779	6,623
Production Systems
Segment Reporting Information [Line Items]
Revenue	3,025	2,313	5,843	4,520
Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(166)	(166)	(323)	(294)
Operating Segments
Segment Reporting Information [Line Items]
Revenue	9,139	8,099	17,846	15,835
Operating Segments | Digital Integration
Segment Reporting Information [Line Items]
Revenue	1,050	947	2,003	1,840
Operating Segments | Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1,819	1,643	3,544	3,146
Operating Segments | Well Construction
Segment Reporting Information [Line Items]
Revenue	3,411	3,362	6,779	6,623
Operating Segments | Production Systems
Segment Reporting Information [Line Items]
Revenue	3,025	2,313	5,843	4,520
Operating Segments | Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(166)	(166)	(323)	(294)
North America | Operating Segments
Segment Reporting Information [Line Items]
Revenue	1,644	1,746	3,242	3,443
North America | Operating Segments | Digital Integration
Segment Reporting Information [Line Items]
Revenue	291	234	527	485
North America | Operating Segments | Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	134	130	264	250
North America | Operating Segments | Well Construction
Segment Reporting Information [Line Items]
Revenue	592	721	1,196	1,432
North America | Operating Segments | Production Systems
Segment Reporting Information [Line Items]
Revenue	640	679	1,286	1,305
North America | Operating Segments | Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(13)	(18)	(31)	(29)
International | Operating Segments
Segment Reporting Information [Line Items]
Revenue	7,452	6,297	14,507	12,282
International | Operating Segments | Digital Integration
Segment Reporting Information [Line Items]
Revenue	757	712	1,474	1,354
International | Operating Segments | Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1,684	1,512	3,276	2,892
International | Operating Segments | Well Construction
Segment Reporting Information [Line Items]
Revenue	2,768	2,582	5,475	5,075
International | Operating Segments | Production Systems
Segment Reporting Information [Line Items]
Revenue	2,378	1,628	4,543	3,202
International | Operating Segments | Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	(135)	(137)	(261)	(241)
Other | Operating Segments
Segment Reporting Information [Line Items]
Revenue	43	56	97	110
Other | Operating Segments | Digital Integration
Segment Reporting Information [Line Items]
Revenue	2	1	2	1
Other | Operating Segments | Reservoir Performance
Segment Reporting Information [Line Items]
Revenue	1	1	4	4
Other | Operating Segments | Well Construction
Segment Reporting Information [Line Items]
Revenue	51	59	108	116
Other | Operating Segments | Production Systems
Segment Reporting Information [Line Items]
Revenue	7	6	14	13
Other | Operating Segments | Eliminations & Other
Segment Reporting Information [Line Items]
Revenue	$ (18)	$ (11)	$ (31)	$ (24)

Segment Information - Additiona

Segment Information - Additional Information (Detail) - USD ($) $ in Billions	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Segment Reporting [Abstract]
Revenue in excess of billings	$ 0.4	$ 0.4
Total backlog	$ 5.1
Percentage of revenue expected to be recognized over next 12 months	60%
Billings and cash collections in excess of revenue	$ 2	$ 2