Schlumberger Ltd., Houston, plans to contribute $400 million total to its postretirement benefit plans in 2015, said spokesman Joao Felix.
Schlumberger contributed $325 million to its pension plans in 2014, according to the company's most recent 10-K filing.
U.S. defined benefit assets were $3.55 billion and international defined benefit assets, $6.83 billion, as of Dec. 31, up 8.56% and 9.28% from the previous year, respectively.
The funding ratios for the domestic and international plans were 85.8% and 94.2%, respectively.
The discount rate used to measure pension obligations for the U.S. and international plans rose 70 basis points to 4.15% and 69 basis points to 4.07%, respectively, year over year.
The U.S. plans had an asset allocation of 48% equities, 42% debt, 8% alternatives and 2% cash. The international plans had an allocation of 58% equities, 32% debt, 6% alternatives and 4% cash.
