What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to formally report SLB's Third-Quarter 2014 financial results, which are detailed in an accompanying press release and supplemental information filed as Exhibit 99.1.

What are the key non-GAAP financial measures discussed in the filing?

The key non-GAAP financial measures highlighted are Net Debt, Income from continuing operations excluding charges and credits, and Free Cash Flow. Management believes these measures provide additional insights into the company's financial health and operational performance.

How is Free Cash Flow defined by SLB in this filing?

SLB defines Free Cash Flow as cash flow from operations less capital expenditures, SPM investments, and multiclient seismic data capitalized. This metric is considered important as it represents funds available for debt reduction, strategic acquisitions, and returning cash to shareholders.

Will the non-GAAP financial measures be considered 'filed' under SEC rules?

No, according to General Instructions B.2. of Form 8-K, the information furnished in this filing, including the non-GAAP measures, will not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor will it be deemed incorporated by reference in any filing under the Securities Act of 1933, unless expressly set forth by specific reference in such a filing.

SLB 8-K: Earnings & Results & Regulation FD

Summary

SLB Limited/NV (SLB) filed an 8-K on October 16, 2014, primarily to report its Third-Quarter 2014 financial results. The filing incorporates by reference a press release and supplemental information detailing these results. Investors should note that while GAAP results are presented, the company also highlights several non-GAAP financial measures, including Net Debt, Income from continuing operations excluding charges and credits, and Free Cash Flow. These non-GAAP metrics are provided to offer management's perspective on operational trends and financial flexibility, allowing for a more focused evaluation of the company's performance. While the specific financial figures are contained within the referenced press release and supplemental information, the 8-K serves as the official notification of the release of this quarterly data. Investors are encouraged to review Exhibit 99.1 for the detailed financial performance, including explanations of the non-GAAP adjustments. The company emphasizes these measures as important for understanding its debt levels, operational efficiency, and its capacity to generate cash for strategic initiatives and shareholder returns.

Key Highlights

1SLB reported its Third-Quarter 2014 financial results on October 16, 2014, via an 8-K filing.
2The filing incorporates by reference Exhibit 99.1: Third-Quarter 2014 Results Press Release and Supplemental Information.
3The report highlights key non-GAAP financial measures: Net Debt, Income from continuing operations excluding charges and credits, and Free Cash Flow.
4Net Debt is defined as gross debt less cash, short-term investments, and held-to-maturity fixed income investments.
5Income from continuing operations excluding charges and credits aims to provide a clearer view of operational trends.
6Free Cash Flow is defined as cash flow from operations less capital expenditures, SPM investments, and capitalized multiclient seismic data.
7These non-GAAP measures are presented to aid in the evaluation of operational performance and financial flexibility.

SLB LIMITED/NV 8-K Report, Financial Results (Oct 16, 2014)

Summary

Key Highlights

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