SCHLUMBERGER LIMITED AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
(Stated in millions)
December 31,
2011 2010
ASSETS
Current Assets
Cash
$ 1,705
$ 1,764
Short-term investments
3,122
3,226
Receivables less allowance for doubtful accounts (2011—$177; 2010—$185)
9,500
8,278
Inventories
4,700
3,804
Deferred taxes
456
51
Other current assets
1,056
975
20,539
18,098
Fixed Income Investments, held to maturity
256
484
Investments in Affiliated Companies
1,266
1,071
Fixed Assets less accumulated depreciation
12,993
12,071
Multiclient Seismic Data
425
394
Goodwill
14,154
13,952
Intangible Assets
4,882
5,162
Other Assets
686
535
$55,201
$51,767
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable and accrued liabilities
$ 7,579
$ 6,488
Estimated liability for taxes on income
1,245
1,493
Long-term debt – current portion
1,041
2,214
Short-term borrowings
336
381
Dividends payable
337
289
10,538
10,865
Long-term Debt
8,556
5,517
Postretirement Benefits
1,732
1,262
Deferred Taxes
1,731
1,636
Other Liabilities
1,252
1,043
23,809
20,323
Equity
Common stock
11,639
11,920
Treasury stock
(5,679)
(3,136)
Retained earnings
28,860
25,210
Accumulated other comprehensive loss
(3,557)
(2,768)
Schlumberger stockholders’ equity
31,263
31,226
Noncontrolling interests
129
218
31,392
31,444
$55,201
$51,767
See the
Notes to Consolidated Financial Statements
35
