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Pension and Other Postretirement Benefit Plans
9 Months Ended
Sep. 30, 2016
Compensation And Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefit Plans

15.   Pension and Other Postretirement Benefit Plans

Net pension cost for the Schlumberger pension plans included the following components:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Third Quarter

 

 

Nine Months

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

 

US

 

 

Int'l

 

 

Service cost

$

16

 

 

$

27

 

 

$

22

 

 

$

30

 

 

$

47

 

 

$

83

 

 

$

65

 

 

$

128

 

 

Interest cost

 

44

 

 

 

78

 

 

 

42

 

 

 

75

 

 

 

133

 

 

 

235

 

 

 

127

 

 

 

224

 

 

Expected return on plan assets

 

(60

)

 

 

(128

)

 

 

(57

)

 

 

(125

)

 

 

(178

)

 

 

(391

)

 

 

(172

)

 

 

(381

)

 

Amortization of prior service cost

 

3

 

 

 

30

 

 

 

3

 

 

 

30

 

 

 

9

 

 

 

91

 

 

 

9

 

 

 

91

 

 

Amortization of net loss

 

20

 

 

 

20

 

 

 

30

 

 

 

54

 

 

 

60

 

 

 

59

 

 

 

92

 

 

 

128

 

 

 

$

23

 

 

$

27

 

 

$

40

 

 

$

64

 

 

$

71

 

 

$

77

 

 

$

121

 

 

$

190

 

 

 

The net periodic benefit cost for the Schlumberger US postretirement medical plan included the following components:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Third Quarter

 

 

Nine Months

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Service cost

$

8

 

 

$

11

 

 

$

23

 

 

$

32

 

Interest cost

 

11

 

 

 

12

 

 

 

35

 

 

 

36

 

Expected return on plan assets

 

(14

)

 

 

(13

)

 

 

(43

)

 

 

(39

)

Amortization of prior service credit

 

(8

)

 

 

(8

)

 

 

(24

)

 

 

(24

)

Amortization of net loss

 

-

 

 

 

3

 

 

 

-

 

 

 

10

 

 

$

(3

)

 

$

5

 

 

$

(9

)

 

$

15