Charges and Credits (Table)

6 Months Ended

Jun. 30, 2024

Restructuring and Related Activities [Abstract]

Summary of Charges and Credits

In connection with SLB's acquisition of the Aker subsea business, SLB recorded $25 million of charges during the first quarter of 2024 consisting of: $14 million relating to the amortization of purchase accounting adjustments associated with the write-up of acquired inventories to its estimated fair value and $11 million of other merger and integration-related costs. $14 million of these costs are classified in Cost of Sales in the Consolidated Statement of Income with the remaining $11 million classified in Merger & integration.

	(Stated in millions)
					Noncontrolling
	Pretax Charge		Tax Benefit		Interests		Net
First quarter:
Merger & integration	$	25	$	6	$	5	$	14
Second quarter:
Workforce reductions		111		17		-		94
Merger & integration		31		5		8		18
	$	167	$	28	$	13	$	126