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Pension and Other Postretirement Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2020
Compensation And Retirement Disclosure [Abstract]  
Net Pension Cost (Credit) for Schlumberger Pension Plans and US Postretirement Medical Plan

Net pension cost (credit) for the Schlumberger pension plans included the following components:

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Third Quarter

 

 

Nine Months

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

US

 

 

Int’l

 

 

US

 

 

Int’l

 

 

US

 

 

Int’l

 

 

US

 

 

Int’l

 

Service cost

$

10

 

 

$

31

 

 

$

14

 

 

$

32

 

 

$

41

 

 

$

105

 

 

$

41

 

 

$

96

 

Interest cost

 

36

 

 

 

76

 

 

 

45

 

 

 

82

 

 

 

111

 

 

 

226

 

 

 

136

 

 

 

248

 

Expected return on plan assets

 

(58

)

 

 

(148

)

 

 

(58

)

 

 

(148

)

 

 

(175

)

 

 

(443

)

 

 

(173

)

 

 

(446

)

Amortization of prior service cost

 

2

 

 

 

-

 

 

 

3

 

 

 

2

 

 

 

6

 

 

 

-

 

 

 

7

 

 

 

6

 

Amortization of net loss

 

9

 

 

 

39

 

 

 

7

 

 

 

16

 

 

 

31

 

 

 

119

 

 

 

23

 

 

 

47

 

 

$

(1

)

 

$

(2

)

 

$

11

 

 

$

(16

)

 

$

14

 

 

$

7

 

 

$

34

 

 

$

(49

)

 

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

 

(Stated in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Third Quarter

 

 

Nine Months

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Service cost

$

5

 

 

$

8

 

 

$

23

 

 

$

23

 

Interest cost

 

7

 

 

 

12

 

 

 

27

 

 

 

36

 

Expected return on plan assets

 

(19

)

 

 

(16

)

 

 

(52

)

 

 

(49

)

Amortization of prior service credit

 

(4

)

 

 

(7

)

 

 

(19

)

 

 

(21

)

Curtailment gain

 

-

 

 

 

-

 

 

 

(69

)

 

 

-

 

 

$

(11

)

 

$

(3

)

 

$

(90

)

 

$

(11

)