SCHLUMBERGER LIMITED AND SUBSIDIARIES
SHARES OF COMMON STOCK
Issued In Treasury
Shares
Outstanding
(Stated in millions)
Balance, January 1, 2008
1,334
(138)
1,196
Shares sold to optionees less shares exchanged
–
5
5
Shares issued under employee stock purchase plan
–
2
2
Stock repurchase program
–
(21)
(21)
Issued on conversions of debentures
–
12
12
Balance, December 31, 2008
1,334
(140)
1,194
Shares sold to optionees less shares exchanged
–
4
4
Vesting of restricted stock
–
1
1
Shares issued under employee stock purchase plan
–
4
4
Stock repurchase program
–
(8)
(8)
Balance, December 31, 2009
1,334
(139)
1,195
Acquisition of Smith International, Inc.
100
76
176
Shares sold to optionees less shares exchanged
–
6
6
Shares issued under employee stock purchase plan
–
3
3
Stock repurchase program
–
(27)
(27)
Issued on conversions of debentures
–
8
8
Balance, December 31, 2010
1,434
(73)
1,361
See the
Notes to Consolidated Financial Statements
40
Part II, Item 8