Schlumberger Ltd. (NYSE: SLB) reported Q2 EPS of $1.15, $0.04 better than the analyst estimate of $1.11. Revenue for the quarter came in at $11.18 billion versus the consensus estimate of $11.15 billion.

Second-Quarter 2013 Results — Supplemental Information

1. What were multiclient sales in the second quarter of 2013?
   
   
   Multiclient sales, including transfer fees, were $250 million in the second quarter of 2013.
   
   
2. What was the WesternGeco backlog at the end of the second quarter of 2013?
   
   WesternGeco backlog, which is based on signed contracts with customers, was $1.14 billion at the end of the second quarter of 2013.
   
   
3. What were the Schlumberger pretax and after-tax returns-on-sales from continuing operations for the second quarter of 2013, excluding charges and credits?
   
   The Schlumberger pretax return on sales from continuing operations, excluding charges and credits, was 18.0% for the second quarter of 2013 and 16.2% for the first quarter of 2013.
   
   The Schlumberger after-tax return on sales from continuing operations, excluding charges and credits, was 13.7% for the second quarter of 2013 versus 12.3% for the first quarter of 2013.
   
   
4. What was the Schlumberger Net Debt† at the end of the second quarter of 2013?
   
   Net debt was $5.6 billion at June 30, 2013—a $341 million increase as compared to the end of the previous quarter.
   
   Liquidity during the quarter was used primarily for capital expenditures of $906 million and a $600 million payment made to Cameron International relating to the formation of the OneSubsea joint venture.
   
   Net Debt represents gross debt less cash, short-term investments and fixed income investments, held to maturity.
   
   
5. What was included in “Interest and other income, net” for the second quarter of 2013?
   
   “Interest and other income, net” for the second quarter of 2013 consisted of the following: ($ millions)
   
   Equity in net earnings of affiliated companies - $24
   
   Interest Income - $30
   
   
6. How did interest income and interest expense change during the second quarter of 2013?
   
   Interest income of $6 million was flat sequentially. Interest expense of $98 million decreased $1 million sequentially.
   
   
7. Why was there a difference between the consolidated Schlumberger pretax income and the total pretax income of Oilfield Services?
   
   The difference consisted of such items as corporate expenses and interest income and interest expense not allocated to the segments, as well as interest on postretirement medical benefits, stock-based compensation expense and the amortization expense associated with intangible assets recorded in connection with the Smith acquisition.
   
   
8. What was the effective tax rate (ETR), excluding charges and credits, for the second quarter of 2013?
   
   The ETR for the second quarter of 2013 was 23.3% and in the prior quarter was 23.8%, excluding charges and credits in both periods.
   
   
9. What is the capex guidance for the full year 2013?
   
   Schlumberger capex is expected to be $3.9 billion for 2013.For earnings history and earnings-related data on Schlumberger Ltd. (SLB) click here.