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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Fair Value of Consideration Transferred to Effect Merger

The following details the fair value of the consideration transferred to effect the acquisition of Smith.

 

 

(Stated in millions, except exchange ratio and per share amounts)   

Number of shares of Smith common stock outstanding as of the acquisition date

     248   

Number of Smith unvested restricted stock units outstanding as of the acquisition date

     4   

 

 
     252   

Multiplied by the exchange ratio

     0.6966   

 

 

Equivalent Schlumberger shares of common stock issued

     176   

Schlumberger closing stock price on August 27, 2010

   $ 55.76   

 

 

Common stock equity consideration

   $ 9,812   

Fair value of Schlumberger equivalent stock options issued

     16   

 

 

Total fair value of the consideration transferred

   $ 9,828