Earnings Per Share

9 Months Ended

Sep. 30, 2017

3. Earnings Per Share

The following is a reconciliation from basic earnings per share of Schlumberger to diluted earnings per share of Schlumberger:

(Stated in millions, except per share amounts)

	2017						2016
	Schlumberger Net Income		Average Shares Outstanding		Earnings per Share		Schlumberger Net Income			Average Shares Outstanding		Earnings per Share
Third Quarter
Basic	$	545		1,385	$	0.39	$	176			1,392	$	0.13
Assumed exercise of stock options		-		1				-			4
Unvested restricted stock		-		6				-			5
Diluted	$	545		1,392	$	0.39	$	176			1,401	$	0.13


	2017						2016
	Schlumberger Net Income		Average Shares Outstanding		Earnings per Share		Schlumberger Net Loss			Average Shares Outstanding		Loss per Share
Nine Months
Basic	$	749	$	1,388	$	0.54	$	(1,482	)	$	1,345	$	(1.10	)
Assumed exercise of stock options		-		2				-			-
Unvested restricted stock		-		5				-			-
Diluted	$	749	$	1,395	$	0.54	$	(1,482	)	$	1,345	$	(1.10	)

The number of outstanding options to purchase shares of Schlumberger common stock that were not included in the computation of diluted earnings per share, because to do so would have had an antidilutive effect, was as follows:

(Stated in millions)

	2017		2016
Third Quarter		43		24
Nine Months		30		47