Stockholders' Equity

12 Months Ended

Dec. 31, 2020

11. Stockholders’ Equity

Schlumberger is authorized to issue 4,500,000,000 shares of common stock, par value $0.01 per share, of which 1,392,325,960 and 1,384,515,345 shares were outstanding on December 31, 2020 and 2019, respectively. Holders of common stock are entitled to one vote for each share of stock held. Schlumberger is also authorized to issue 200,000,000 shares of preferred stock, par value $0.01 per share, which may be issued in series with terms and conditions determined by the Schlumberger Board of Directors. No shares of preferred stock have been issued.

Accumulated Other Comprehensive Loss consists of the following:

	(Stated in millions)

										Pension and
	Currency									Other
	Translation			Marketable			Cash Flow			Postretirement
	Adjustments			Securities			Hedges			Benefit Plans			Total
Balance, January 1, 2018	$	(2,139	)	$	13		$	3		$	(2,151	)	$	(4,274	)
Reclassification to Retained Earnings of stranded tax effects resulting from US tax reform		-			-			-			(109	)		(109	)
Other comprehensive loss before reclassifications		(191	)		(11	)		(16	)		(186	)		(404	)
Amounts reclassified from accumulated other comprehensive loss		-			-			1			182			183
Income taxes		-			-			-			(18	)		(18	)
Balance, December 31, 2018		(2,330	)		2			(12	)		(2,282	)		(4,622	)
Other comprehensive loss before reclassifications		67			-			(32	)		127			162
Amounts reclassified from accumulated other comprehensive loss		-			-			10			83			93
Income taxes		-			-			-			(71	)		(71	)
Balance, December 31, 2019		(2,263	)		2			(34	)		(2,143	)		(4,438	)
Other comprehensive loss before reclassifications		(239	)		-			(90	)		(247	)		(576	)
Amounts reclassified from accumulated other comprehensive loss		-			-			54			114			168
Income taxes		-			-			-			(38	)		(38	)
Balance, December 31, 2020	$	(2,502	)	$	2		$	(70	)	$	(2,314	)	$	(4,884	)

Other comprehensive loss was $447 million in 2020 and $239 million in 2018. Other comprehensive income was $184 million in 2019.