Assumed health care cost trend rates have a significant effect on the amounts reported for the US postretirement
medical plan. A one percentage point change in assumed health care cost trend rates would have the following effects:
(Stated in millions)
One percentage
point increase
One percentage
point decrease
Effect on total service and interest cost components
$ 18
$ (14)
Effect on accumulated postretirement benefit obligation
$287
$(203)
Other Information
The expected benefits to be paid under the US and International pension plans as well as the postretirement
medical plan (which is disclosed net of the annual Medicare Part D subsidy, which ranges from $4 million to $11
million per year) were as follows:
(Stated in millions)
Pension Benefits
Postretirement
Medical Plan
US International
2013
$141
$ 179
$ 48
2014
145
193
51
2015
151
208
54
2016
158
223
58
2017
166
242
62
2018-2022
971
1,397
380
Included in
Accumulated other comprehensive loss
at December 31, 2012 are non-cash pretax charges which have
not yet been recognized in net periodic benefit cost. The estimated amounts that will be amortized from the estimated
portion of each component of
Accumulated other comprehensive loss
which is expected to be recognized as a
component of net periodic benefit cost during the year ending December 31, 2013 are as follows:
(Stated in millions)
Pension
Plans
Postretirement
Medical
Plan
Net actuarial losses
$249
$27
Prior service cost (credit)
$133
$(4)
In addition to providing defined pension benefits and a postretirement medical plan, Schlumberger and its
subsidiaries have other deferred benefit programs, primarily profit sharing and defined contribution pension plans.
Expenses for these programs were $620 million, $582 million and $403 million in 2012, 2011 and 2010, respectively.
19. Supplementary Information
Cash paid for interest and income taxes was as follows:
(Stated in millions)
2012 2011 2010
Interest
$ 313
$ 294 $234
Income taxes
$1,736
$1,836 $571
Accounts payable and accrued liabilities
are summarized as follows:
(Stated in millions)
2012 2011
Payroll, vacation and employee benefits
$1,825
$1,597
Trade
3,550
3,389
Other
3,078
2,593
$8,453
$7,579
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