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)

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   2,346  
Cash and cash equivalents   2,346  
Receivables5,1244,9465,1954,6274,6144,390
Inventory, net of allowances, customer advances and progress billings3,3363,2413,1332,9232,8422,654
Inventory3,3363,2413,1332,9232,8422,654
Other current assets1,1041,1511,0381,056978992
Other undisclosed current assets 2,0362,1051,879 1,9772,226
Total current assets:11,60011,44311,24510,95210,41110,262
Noncurrent Assets
Operating lease, right-of-use asset1,0321,054940913927894
Property, plant and equipment4,7334,4834,3994,3484,2034,165
Intangible assets, net (including goodwill)2,8502,8402,8292,8292,8282,828
Goodwill2,8502,8402,8292,8292,8282,828
Deferred income tax assets2,5172,5702,5742,6362,6532,703
Other noncurrent assets 1,7101,6831,6321,5771,5411,593
Other undisclosed noncurrent assets      
Total noncurrent assets:12,84212,63012,37412,30312,15212,183
TOTAL ASSETS:24,44224,07323,61923,25522,56322,445
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,4794,3724,2464,1045,2103,849
Taxes payable535542
Employee-related liabilities538513
Accounts payable3,2383,1883,1803,1213,0642,794
Accrued liabilities1,2411,1841,0669831,073 
Other liabilities692721793723607690
Other undisclosed current liabilities248253227518(849)227
Total current liabilities:5,4195,3465,2665,3454,9684,766
Noncurrent Liabilities
Long-term debt and lease obligation, including:7,7837,9317,9297,9287,9278,525
Long-term debt, excluding current maturities    7,928  
Other undisclosed long-term debt and lease obligation7,7837,9317,929 7,1247,739
Liabilities, other than long-term debt2,0512,0691,9792,0051,2201,220
Deferred compensation liability, classified392385377408473466
Other liabilities790792790806747754
Operating lease, liability869892812791803786
Other undisclosed noncurrent liabilities     803786
Total noncurrent liabilities:9,83410,0009,9089,9339,95010,531
Total liabilities:15,25315,34615,17415,27814,91815,297
Equity
Equity, attributable to parent9,1508,6938,4157,9487,6217,130
Common stock2,6632,6632,6642,6642,6642,665
Treasury stock, value(5,330)(5,201)(5,095)(5,108)(4,918)(4,973)
Additional paid in capital26  5032 
Accumulated other comprehensive loss(227)(228)(229)(230)(181)(179)
Retained earnings12,01811,45911,07510,57210,0249,617
Equity, attributable to noncontrolling interest393430292418
Total equity:9,1898,7278,4457,9777,6457,148
TOTAL LIABILITIES AND EQUITY:24,44224,07323,61923,25522,56322,445

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

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
Revenues5,8045,7985,6775,5825,3575,074
Cost of revenue(4,709)(4,733)(4,646)(4,179)(4,452)(4,289)
Gross profit:1,0951,0651,0311,403905785
Operating expenses(58)(54)(54)(427)(59)(411)
Operating income:1,0371,011977976846374
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(28)(32)(69)(60)(48)(42)
Income from continuing operations before equity method investments, income taxes:1,009979908916798332
Other undisclosed loss from continuing operations before income taxes(93)(196)(79)(74)(93)(101)
Income from continuing operations before income taxes:916783829842705231
Income tax expense(192)(167)(174)(177)(156)(114)
Income from continuing operations:724616655665549117
Income before gain (loss) on sale of properties:549117
Net income:724616655665549117
Net loss attributable to noncontrolling interest(8)(6)(4)(9)(5)(8)
Net income available to common stockholders, diluted:716610651656544109

Comprehensive Income ($ in millions)

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
Net income:724616655665549117
Other comprehensive income (loss)111(49)(2)(1)
Comprehensive income:725617656616547116
Comprehensive loss, net of tax, attributable to noncontrolling interest(8)(6)(4)(8)(6)(8)
Comprehensive income, net of tax, attributable to parent:717611652608541108

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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