Item 6. Selected Financial Data.
The following selected consolidated financial data should be read in conjunction with both “Item 7. Management’s
Discussion and Analysis of Financial Condition and Results of Operations” and “Item 8. Financial Statements and
Supplementary Data” of this Form 10-K in order to understand factors, such as business combinations and charges and
credits, which may affect the comparability of the Selected Financial Data:
(Stated in millions, except per share amounts)
Year Ended December 31,
2011 2010 2009 2008 2007
Revenue
$39,540
$27,447 $22,702 $27,163 $23,277
Income from continuing operations
$ 4,793
$ 4,266 $ 3,164 $ 5,422 $ 5,177
Diluted earnings per share from continuing operations
$ 3.51
$ 3.38 $ 2.61 $ 4.42 $ 4.20
Working capital
$10,001
$ 7,233 $ 6,391 $ 4,811 $ 3,551
Total assets
$55,201
$51,767 $33,465 $32,094 $27,853
Net debt
(1)
$ 4,850
$ 2,638 $ 126 $ 1,129 $ 1,857
Long-term debt
$ 8,556
$ 5,517 $ 4,355 $ 3,694 $ 3,794
Schlumberger stockholders’ equity
$31,263
$31,226 $19,120 $16,862 $14,876
Cash dividends declared per share
$ 1.00
$ 0.84 $ 0.84 $ 0.84 $ 0.70
(1)
“Net Debt” represents gross debt less cash, short-term investments and fixed income investments, held to maturity. Management believes that
Net Debt provides useful information regarding the level of Schlumberger indebtedness by reflecting cash and investments that could be used to
repay debt.
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