v3.26.1
Long-term Debt
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Long-term Debt

9. Long-term Debt

Long-term Debt consists of the following:

 

(Stated in millions)

 

 

 

 

 

 

 

 

Jun. 30,

 

 

Dec. 31,

 

 

2026

 

 

2025

 

3.90% Senior Notes due 2028

$

1,488

 

$

1,484

 

2.65% Senior Notes due 2030

 

1,247

 

 

 

1,247

 

2.00% Guaranteed Notes due 2032

 

1,134

 

 

 

1,172

 

0.25% Notes due 2027

 

1,026

 

 

 

1,059

 

0.50% Notes due 2031

 

1,024

 

 

 

1,058

 

5.15% Senior Notes due 2036

 

992

 

 

 

-

 

4.30% Senior Notes due 2029

 

849

 

 

848

 

4.50% Senior Notes due 2028

 

498

 

 

497

 

4.55% Senior Notes due 2031

 

497

 

 

 

-

 

4.80% Senior Notes due 2033

 

496

 

 

 

-

 

4.85% Senior Notes due 2033

 

495

 

 

495

 

5.00% Senior Notes due 2029

 

495

 

 

 

494

 

5.00% Senior Notes due 2034

 

488

 

 

 

487

 

7.00% Notes due 2038

 

194

 

 

 

195

 

5.95% Notes due 2041

 

110

 

 

 

111

 

5.13% Notes due 2043

 

98

 

 

 

98

 

5.00% Senior Notes due 2027

 

-

 

 

 

497

 

Other

 

9

 

 

 

-

 

$

11,140

 

$

9,742

 

 

The estimated fair value of SLB’s Long-term Debt, based on quoted market prices at June 30, 2026 and December 31, 2025, was $10.7 billion and $9.4 billion, respectively.

 

At June 30, 2026, SLB had committed credit facility agreements with commercial banks aggregating $5.0 billion, of which $2.0 billion matures in February 2029 and $3.0 billion matures in December 2030. These committed facilities support commercial paper programs in the United States and Europe. There were no borrowings under these facilities at June 30, 2026 or December 31, 2025.

 

Commercial paper borrowings are classified as long-term debt to the extent they are backed up by available and unused committed credit facilities maturing in more than one year and to the extent it is SLB’s intent to maintain these obligations for longer than one year. There were no borrowings under the commercial paper programs at June 30, 2026 and December 31, 2025.

 

SLB Limited fully and unconditionally guarantees the publicly-held debt securities issued by Schlumberger Investment S.A., an indirect wholly-owned subsidiary of SLB Limited.