SCHLUMBERGER LIMITED AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
December 31,
2010
2009
(Stated in millions)
ASSETS
Current Assets
Cash
$ 1,764
$ 617
Short-term investments
3,226
3,999
Receivables less allowance for doubtful accounts (2010 – $185; 2009 – $160)
8,278
6,088
Inventories
3,804
1,866
Deferred taxes
51
154
Other current assets
975
926
18,098
13,650
Fixed Income Investments, held to maturity
484
738
Investments in Affiliated Companies
1,071
2,306
Fixed Assets less accumulated depreciation
12,071
9,660
Multiclient Seismic Data
394
288
Goodwill
13,952
5,305
Intangible Assets
5,162
786
Deferred Taxes
–
376
Other Assets
535
356
$51,767
$33,465
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable and accrued liabilities
$ 6,488
$ 5,003
Estimated liability for taxes on income
1,493
878
Long-term debt – current portion
2,214
444
Short-term borrowings
381
360
Dividend payable
289
253
Convertible debentures
–
321
10,865
7,259
Long-term Debt
5,517
4,355
Postretirement Benefits
1,262
1,660
Deferred Taxes
1,636
–
Other Liabilities
1,043
962
20,323
14,236
Equity
Common stock
11,920
4,777
Treasury stock
(3,136)
(5,002)
Retained earnings
25,210
22,019
Accumulated other comprehensive loss
(2,768)
(2,674)
Schlumberger stockholders’ equity
31,226
19,120
Noncontrolling interests
218
109
31,444
19,229
$51,767
$33,465
See the
Notes to Consolidated Financial Statements
37
Part II, Item 8
