2023 Q2 Form 10-Q Financial Statement
#000004501223000027 Filed on April 26, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $5.798B | $5.677B | $4.284B |
YoY Change | 14.27% | 32.52% | 24.14% |
Cost Of Revenue | $4.720B | $4.646B | $3.699B |
YoY Change | 10.05% | 25.6% | 21.96% |
Gross Profit | $1.078B | $1.031B | $585.0M |
YoY Change | 37.32% | 76.24% | 39.95% |
Gross Profit Margin | 18.59% | 18.16% | 13.66% |
Selling, General & Admin | $54.00M | $54.00M | $52.00M |
YoY Change | -19.4% | 3.85% | 8.33% |
% of Gross Profit | 5.01% | 5.24% | 8.89% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $245.0M | $241.0M | $232.0M |
YoY Change | 2.94% | 3.88% | 2.65% |
% of Gross Profit | 22.73% | 23.38% | 39.66% |
Operating Expenses | $67.00M | $54.00M | $52.00M |
YoY Change | 0.0% | 3.85% | 8.33% |
Operating Profit | $1.011B | $977.0M | $511.0M |
YoY Change | 170.32% | 91.19% | 38.11% |
Interest Expense | -$92.00M | -$79.00M | -$107.0M |
YoY Change | -8.91% | -26.17% | -14.4% |
% of Operating Profit | -9.1% | -8.09% | -20.94% |
Other Income/Expense, Net | -$32.00M | -$69.00M | -$30.00M |
YoY Change | -23.81% | 130.0% | 36.36% |
Pretax Income | $783.0M | $829.0M | $332.0M |
YoY Change | 238.96% | 149.7% | 48.88% |
Income Tax | $167.0M | $174.0M | $68.00M |
% Of Pretax Income | 21.33% | 20.99% | 20.48% |
Net Earnings | $610.0M | $651.0M | $263.0M |
YoY Change | 459.63% | 147.53% | 54.71% |
Net Earnings / Revenue | 10.52% | 11.47% | 6.14% |
Basic Earnings Per Share | $680.0K | $720.0K | $290.0K |
Diluted Earnings Per Share | $0.68 | $720.0K | $291.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 902.2M shares | 904.1M shares | 899.0M shares |
Diluted Shares Outstanding | 903.0M shares | 907.0M shares | 903.0M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.105B | $1.879B | $2.154B |
YoY Change | -5.44% | -12.77% | -11.94% |
Cash & Equivalents | $2.105B | $1.879B | $2.154B |
Short-Term Investments | |||
Other Short-Term Assets | $1.151B | $1.038B | $959.0M |
YoY Change | 16.03% | 8.24% | -34.98% |
Inventory | $3.241B | $3.133B | $2.578B |
Prepaid Expenses | |||
Receivables | $4.946B | $5.195B | $4.026B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $11.44B | $11.25B | $9.717B |
YoY Change | 11.51% | 15.73% | 2.07% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.537B | $4.399B | $4.270B |
YoY Change | 32.94% | 3.02% | 0.92% |
Goodwill | $2.840B | $2.829B | $2.850B |
YoY Change | 0.42% | -0.74% | 1.64% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $4.253B | $1.632B | $1.580B |
YoY Change | 166.98% | 3.29% | 44.29% |
Total Long-Term Assets | $12.63B | $12.37B | $12.36B |
YoY Change | 3.67% | 0.15% | 11.77% |
TOTAL ASSETS | |||
Total Short-Term Assets | $11.44B | $11.25B | $9.717B |
Total Long-Term Assets | $12.63B | $12.37B | $12.36B |
Total Assets | $24.07B | $23.62B | $22.07B |
YoY Change | 7.25% | 7.0% | 7.28% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.188B | $3.180B | $2.561B |
YoY Change | 14.1% | 24.17% | 44.77% |
Accrued Expenses | $1.170B | $701.0M | $938.0M |
YoY Change | 8.64% | -25.27% | 28.67% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $5.346B | $5.266B | $4.444B |
YoY Change | 12.17% | 18.5% | 5.18% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $7.931B | $7.929B | $8.530B |
YoY Change | -6.97% | -7.05% | -6.54% |
Other Long-Term Liabilities | $2.069B | $790.0M | $791.0M |
YoY Change | 174.4% | -0.13% | -2.1% |
Total Long-Term Liabilities | $10.00B | $790.0M | $791.0M |
YoY Change | 1226.26% | -0.13% | -2.1% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.346B | $5.266B | $4.444B |
Total Long-Term Liabilities | $10.00B | $790.0M | $791.0M |
Total Liabilities | $15.38B | $15.17B | $15.04B |
YoY Change | 0.54% | 0.89% | -2.31% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $11.46B | $11.08B | $9.780B |
YoY Change | 19.15% | 13.24% | 12.3% |
Common Stock | $2.663B | $2.664B | $2.665B |
YoY Change | -0.08% | -0.04% | -1.3% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $5.201B | $5.095B | $5.250B |
YoY Change | 4.58% | -2.95% | -10.67% |
Treasury Stock Shares | 167.0M shares | 163.0M shares | 165.0M shares |
Shareholders Equity | $8.693B | $8.415B | $7.017B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $24.07B | $23.62B | $22.07B |
YoY Change | 7.25% | 7.0% | 7.28% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $610.0M | $651.0M | $263.0M |
YoY Change | 459.63% | 147.53% | 54.71% |
Depreciation, Depletion And Amortization | $245.0M | $241.0M | $232.0M |
YoY Change | 2.94% | 3.88% | 2.65% |
Cash From Operating Activities | $1.052B | $122.0M | -$50.00M |
YoY Change | 179.79% | -344.0% | -124.63% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $303.0M | $268.0M | -$189.0M |
YoY Change | -237.1% | -241.8% | 81.73% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$98.00M | $68.00M | $22.00M |
YoY Change | -450.0% | 209.09% | 37.5% |
Cash From Investing Activities | -$401.0M | -$295.0M | -$155.0M |
YoY Change | 107.77% | 90.32% | 150.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $0.00 | $640.0M | |
YoY Change | -100.0% | 240.43% | |
Cash From Financing Activities | -395.0M | -$249.0M | -$668.0M |
YoY Change | 426.67% | -62.72% | 199.55% |
NET CHANGE | |||
Cash From Operating Activities | 1.052B | $122.0M | -$50.00M |
Cash From Investing Activities | -401.0M | -$295.0M | -$155.0M |
Cash From Financing Activities | -395.0M | -$249.0M | -$668.0M |
Net Change In Cash | 256.0M | -$467.0M | -$890.0M |
YoY Change | 137.04% | -47.53% | 660.68% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.052B | $122.0M | -$50.00M |
Capital Expenditures | $303.0M | $268.0M | -$189.0M |
Free Cash Flow | $749.0M | -$146.0M | $139.0M |
YoY Change | 25.46% | -205.04% | -54.72% |
Facts In Submission
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---|---|---|---|---|
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Number Of Business Segments
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2 | division |
CY2023Q1 | dei |
Entity Central Index Key
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|
0000045012 | |
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Current Fiscal Year End Date
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--12-31 | |
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Entity Common Stock Shares Outstanding
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|
902194900 | shares |
CY2023Q1 | dei |
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2023 | |
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Q1 | |
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false | |
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10-Q | |
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true | |
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2023-03-31 | |
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false | |
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001-03492 | |
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HALLIBURTON COMPANY | |
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DE | |
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75-2677995 | |
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3000 North Sam Houston Parkway East, | |
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Houston, | |
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TX | |
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77032 | |
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281 | |
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Common Stock, par value $2.50 per share | |
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HAL | |
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CY2022Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
408000000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
790000000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
806000000 | usd |
CY2023Q1 | us-gaap |
Liabilities
Liabilities
|
15174000000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
15278000000 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
2.50 | |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
2.50 | |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | shares |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8415000000 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1065000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1066000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
2664000000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
2664000000 | usd |
CY2023Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
0 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
50000000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-229000000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-230000000 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
11075000000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
10572000000 | usd |
CY2023Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
163000000 | shares |
CY2022Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
164000000 | shares |
CY2023Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
5095000000 | usd |
CY2022Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
5108000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7948000000 | usd |
CY2023Q1 | us-gaap |
Minority Interest
MinorityInterest
|
30000000 | usd |
CY2022Q4 | us-gaap |
Minority Interest
MinorityInterest
|
29000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8445000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7977000000 | usd |
CY2023Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
23619000000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
23255000000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
655000000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
264000000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
241000000 | usd |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
232000000 | usd |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | usd |
CY2022Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
22000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
575000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
368000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
210000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
225000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-189000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-87000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
57000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
207000000 | usd |
CY2023Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-143000000 | usd |
CY2022Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
95000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
122000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-50000000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
268000000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
189000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
41000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
56000000 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
68000000 | usd |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
22000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-295000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-155000000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
145000000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
108000000 | usd |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
100000000 | usd |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2023Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd |
CY2022Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
640000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-4000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
80000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-249000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-668000000 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-45000000 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-17000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-467000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-890000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2346000000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3044000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1879000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2154000000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
127000000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
134000000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
148000000 | usd |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
78000000 | usd |
CY2023Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
Basis of Presentation<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying unaudited condensed consolidated financial statements were prepared using generally accepted accounting principles for interim financial information and the instructions to Form 10-Q and Regulation S-X. Accordingly, these financial statements do not include all information or notes required by generally accepted accounting principles for annual financial statements and should be read together with our 2022 Annual Report on Form 10-K.</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="margin-bottom:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our accounting policies are in accordance with United States generally accepted accounting principles. The preparation of financial statements in conformity with these accounting principles requires us to make estimates and assumptions that affect:</span></div><div style="margin-bottom:3pt;padding-left:49.5pt;text-indent:-13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10pt">the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements; and</span></div><div style="padding-left:49.5pt;text-indent:-13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10pt">the reported amounts of revenue and expenses during the reporting period.</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Ultimate results could differ from our estimates.</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In our opinion, the condensed consolidated financial statements included herein contain all adjustments necessary to present fairly our financial position as of March 31, 2023 and the results of our operations for the three months ended March 31, 2023 and 2022, and our cash flows for the three months ended March 31, 2023 and 2022. Such adjustments are of a normal recurring nature. In addition, certain reclassifications of prior period balances have been made to conform to the current period presentation.</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The results of our operations for the three months ended March 31, 2023 may not be indicative of results for the full year.</span></div> | |
CY2023Q1 | hal |
Number Of Business Segments
NumberOfBusinessSegments
|
2 | division |
CY2023Q1 | hal |
Number Of Business Segments
NumberOfBusinessSegments
|
2 | division |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
5677000000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
4284000000 | usd |
CY2023Q1 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
0 | usd |
CY2022Q1 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
22000000 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
977000000 | usd |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
511000000 | usd |
CY2023Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-79000000 | usd |
CY2022Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-107000000 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-42000000 | usd |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-69000000 | usd |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-30000000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
829000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
332000000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
5677000000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
4284000000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
5677000000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
4284000000 | usd |
CY2023Q1 | us-gaap |
Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
|
one year | |
CY2023Q1 | hal |
Number Of Customers Exceed Receivables Threshold
NumberOfCustomersExceedReceivablesThreshold
|
0 | customers |
CY2022Q4 | hal |
Number Of Customers Exceed Receivables Threshold
NumberOfCustomersExceedReceivablesThreshold
|
0 | customers |
CY2022Q4 | hal |
Maximum Percentage Gross Trade Receivables From One Customer
MaximumPercentageGrossTradeReceivablesFromOneCustomer
|
0.10 | |
CY2023Q1 | hal |
Maximum Percentage Gross Trade Receivables From One Customer
MaximumPercentageGrossTradeReceivablesFromOneCustomer
|
0.10 | |
CY2023Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1995000000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1859000000 | usd |
CY2023Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
1011000000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
953000000 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
127000000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
111000000 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
3133000000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
2923000000 | usd |
CY2023Q1 | hal |
Outstanding Supplier Finance Payment Obligation
OutstandingSupplierFinancePaymentObligation
|
321000000 | usd |
CY2022Q4 | hal |
Outstanding Supplier Finance Payment Obligation
OutstandingSupplierFinancePaymentObligation
|
273000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
174000000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
829000000 | usd |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.210 | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
68000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
332000000 | usd |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.205 | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7977000000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
655000000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1000000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
145000000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
100000000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
60000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
3000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8445000000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6728000000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
264000000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
5000000 | usd |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2022Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
108000000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
144000000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7033000000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
2900000 | shares |
CY2023Q1 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
4800000000 | usd |
CY2023Q1 | hal |
Treasury Stock Shares Acquired From Inception
TreasuryStockSharesAcquiredFromInception
|
234000000 | shares |
CY2023Q1 | hal |
Treasury Stock Value Acquired Cost Method From Inception
TreasuryStockValueAcquiredCostMethodFromInception
|
9400000000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-83000000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-84000000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
102000000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
101000000 | usd |
CY2023Q1 | hal |
Accumulated Other Comprehensive Income Loss Other Net Of Tax
AccumulatedOtherComprehensiveIncomeLossOtherNetOfTax
|
-44000000 | usd |
CY2022Q4 | hal |
Accumulated Other Comprehensive Income Loss Other Net Of Tax
AccumulatedOtherComprehensiveIncomeLossOtherNetOfTax
|
-45000000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-229000000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-230000000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
904000000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
899000000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3000000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4000000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
907000000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
903000000 | shares |
CY2023Q1 | hal |
Numberofdaysfromperiodend
Numberofdaysfromperiodend
|
P2D | |
CY2023Q1 | hal |
Numberofdaysfromperiodend
Numberofdaysfromperiodend
|
P2D | |
CY2023Q1 | hal |
Gap Between Official Exchange Rate And Implicit Exchange Rate
GapBetweenOfficialExchangeRateAndImplicitExchangeRate
|
0.94 |