Halliburton Company (HAL) Financial Statements (2024 and earlier)

Company Profile

Business Address 3000 NORTH SAM HOUSTON PARKWAY EAST
HOUSTON, TX 77032
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   2,346   
Cash and cash equivalents   2,346   
Receivables4,9465,1954,6274,6144,3904,026
Inventory, net of allowances, customer advances and progress billings3,2413,1332,9232,8422,6542,578
Inventory3,2413,1332,9232,8422,6542,578
Other current assets1,1511,0381,056978992959
Other undisclosed current assets2,1051,879 1,9772,2262,154
Total current assets:11,44311,24510,95210,41110,2629,717
Noncurrent Assets
Operating lease, right-of-use asset1,054940913927894913
Property, plant and equipment4,4834,3994,3484,2034,1654,270
Intangible assets, net (including goodwill)2,8402,8292,8292,8282,8282,850
Goodwill2,8402,8292,8292,8282,8282,850
Deferred income tax assets2,5702,5742,6362,6532,7032,743
Other noncurrent assets1,6831,6321,5771,5411,5931,580
Total noncurrent assets:12,63012,37412,30312,15212,18312,356
TOTAL ASSETS:24,07323,61923,25522,56322,44522,073
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,3724,2464,1045,2103,8493,262
Taxes payable535542267
Employee-related liabilities538513434
Accounts payable3,1883,1803,1213,0642,7942,561
Accrued liabilities1,1841,0669831,073  
Other liabilities721793723607690678
Other undisclosed current liabilities253227518(849)227504
Total current liabilities:5,3465,2665,3454,9684,7664,444
Noncurrent Liabilities
Long-term debt and lease obligation, including:7,9317,9297,9287,9278,5258,530
Long-term debt, excluding current maturities   7,928   
Other undisclosed long-term debt and lease obligation7,9317,929 7,1247,7397,715
Liabilities, other than long-term debt2,0691,9792,0051,2201,2201,251
Deferred compensation liability, classified385377408473466460
Other liabilities792790806747754791
Operating lease, liability892812791803786815
Other undisclosed noncurrent liabilities    803786815
Total noncurrent liabilities:10,0009,9089,9339,95010,53110,596
Total liabilities:15,34615,17415,27814,91815,29715,040
Equity
Equity, attributable to parent8,6938,4157,9487,6217,1307,017
Common stock2,6632,6642,6642,6642,6652,665
Treasury stock, value(5,201)(5,095)(5,108)(4,918)(4,973)(5,250)
Additional paid in capital  5032  
Accumulated other comprehensive loss(228)(229)(230)(181)(179)(178)
Retained earnings11,45911,07510,57210,0249,6179,780
Equity, attributable to noncontrolling interest343029241816
Total equity:8,7278,4457,9777,6457,1487,033
TOTAL LIABILITIES AND EQUITY:24,07323,61923,25522,56322,44522,073

Income Statement (P&L) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues5,7985,6775,5825,3575,0744,284
Cost of revenue(4,733)(4,646)(4,179)(4,452)(4,289)(3,699)
Gross profit:1,0651,0311,403905785585
Operating expenses(54)(54)(427)(59)(411)(74)
Operating income:1,011977976846374511
Nonoperating expense
(Other Nonoperating expense)
(32)(69)(60)(48)(42)(30)
Interest and debt expense      (42)
Income from continuing operations before equity method investments, income taxes:979908916798332439
Other undisclosed loss from continuing operations before income taxes(196)(79)(74)(93)(101)(107)
Income from continuing operations before income taxes:783829842705231332
Income tax expense(167)(174)(177)(156)(114)(68)
Income from continuing operations:616655665549117264
Income before gain (loss) on sale of properties:549117264
Net income:616655665549117264
Net loss attributable to noncontrolling interest(6)(4)(9)(5)(8)(1)
Net income available to common stockholders, diluted:610651656544109263

Comprehensive Income ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:616655665549117264
Other comprehensive income (loss)11(49)(2)(1)5
Comprehensive income:617656616547116269
Comprehensive loss, net of tax, attributable to noncontrolling interest(6)(4)(8)(6)(8)(1)
Comprehensive income, net of tax, attributable to parent:611652608541108268

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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