Allowance for doubtful accounts
is as follows:
2010 2009 2008
(Stated in millions)
Balance at beginning of year
$160
$133 $ 86
Provision
38
54
65
Amounts written off
(13)
(27) (18)
Balance at end of year
$185
$160 $133
Discontinued Operations
During the fourth quarter of 2009, Schlumberger recorded a net $22 million charge related to the resolution of a
customs assessment pertaining to its former offshore contract drilling business, as well as the resolution of certain
contingencies associated with other previously disposed of businesses. This amount is included in
Income (Loss) from
Discontinued Operations
in the
Consolidated Statement of Income
.
During the first quarter of 2008, Schlumberger recorded a gain of $38 million related to the resolution of a
contingency associated with a previously disposed of business. This gain is included in
Income (Loss) from Discon-
tinued Operations
in the
Consolidated Statement of Income
.
72
Part II, Item 8