← HALLIBURTON CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $1.6b $2.7b $2.5b $1.3b
Net Income (Loss) Attributable to Parent ($5.8b) ($463.0m) $1.7b ($1.1b) ($2.9b) $1.5b $1.6b $2.6b $2.5b $1.3b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($5.8b) ($444.0m) $1.7b ($1.1b) — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($5.8b) ($449.0m) $1.7b ($1.1b) — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($2.0m) ($19.0m) $0 $0 — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($2.0m) ($19.0m) $0 $0 — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest ($6.0m) ($5.0m) $1.0m $2.0m $3.0m $11.0m $23.0m $24.0m $15.0m $9.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($5.8b) ($468.0m) $1.7b ($1.1b) ($2.9b) $1.5b $1.6b $2.7b $2.5b $1.3b
Depreciation Amortization Depletion — — — — — — $940.0m $998.0m $1.1b $1.1b
Depreciation, Depletion and Amortization $1.5b $1.6b $1.6b $1.6b $1.1b $904.0m $940.0m $998.0m $1.1b $1.1b
Deferred Income Tax — — — — — — $70.0m $196.0m $148.0m $23.0m
Deferred Income Tax Expense (Benefit) ($1.5b) $734.0m ($267.0m) ($396.0m) ($444.0m) ($486.0m) $70.0m $196.0m $148.0m —
Deferred Income Taxes and Tax Credits — — — — — ($486.0m) $70.0m $196.0m $148.0m $23.0m
Deferred Tax — — — — — — $70.0m $196.0m $148.0m $23.0m
Asset Impairment Charge — — — — — — $366.0m $0 $116.0m $831.0m
Gain (Loss) on Sale of Assets and Asset Impairment Charges — — — — — — — — — ($115.0m)
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Impairment of Intangible Assets (Excluding Goodwill) $88.0m — — — — — — — — —
Impairment of Intangible Assets, Finite-lived — — — $98.0m $131.0m — — — — —
Impairments and other charges $3.4b $647.0m $265.0m $2.5b $3.8b $12.0m $366.0m $0 $116.0m $831.0m
Operating Lease, Impairment Loss — — — $139.0m $191.0m — — — — —
Gain (Loss) on Extinguishment of Debt — $104.0m — — ($168.0m) $0 ($42.0m) $0 $0 —
Income (Loss) from Equity Method Investments — — — — — — — — — ($50.0m)
Income Tax Expense (Benefit) ($1.9b) $1.1b $157.0m $7.0m ($278.0m) ($216.0m) $515.0m $701.0m $718.0m $479.0m
Operating Lease, Expense — — — $355.0m $296.0m — — — — —
Other Nonoperating Income (Expense) ($208.0m) ($87.0m) ($99.0m) ($105.0m) ($111.0m) ($79.0m) ($180.0m) ($84.0m) ($227.0m) ($128.0m)
Payments to Acquire Equity Method Investments — — — — — — — $0 ($139.0m) ($363.0m)
Proceeds from Sale of Equity Method Investments — — — — — — — $0 $0 $120.0m
Changes in operating assets and liabilities:
Additional Financial Items
Accounts payable ($219.0m) $753.0m $483.0m ($595.0m) ($934.0m) $795.0m $852.0m $49.0m $62.0m ($72.0m)
Beginning Cash Position — — — — — — $3.0b $2.3b $2.3b $2.6b
Cash Flow From Continuing Financing Activities — — — — — — ($1.8b) ($1.7b) ($1.7b) ($2.0b)
Cash Flow From Continuing Investing Activities — — — — — — ($967.0m) ($1.7b) ($1.7b) ($1.3b)
Change In Account Payable — — — — — — $852.0m $49.0m $62.0m ($72.0m)
Change In Inventory — — — — — — ($642.0m) ($303.0m) $147.0m $80.0m
Change In Payable — — — — — — $852.0m $49.0m $62.0m ($72.0m)
Change In Payables And Accrued Expense — — — — — — $852.0m $49.0m $62.0m ($72.0m)
Change In Receivables — — — — — — ($1.2b) ($257.0m) ($312.0m) $188.0m
Change In Working Capital — — — — — — ($941.0m) ($511.0m) ($103.0m) $196.0m
Changes In Cash — — — — — — ($523.0m) $128.0m $481.0m ($386.0m)
End Cash Position — — — — — — $2.3b $2.3b $2.6b $2.2b
Financing Cash Flow — — — — — — ($1.8b) ($1.7b) ($1.7b) ($2.0b)
Free Cash Flow — — — — — — $1.2b $2.1b $2.4b $1.7b
Gain (Loss) on Investments — — — — — — — — ($43.0m) $6.0m
General and Administrative Expense $228.0m $256.0m $254.0m $227.0m $182.0m $204.0m $240.0m $226.0m $239.0m $239.0m
Goodwill $2.4b $2.7b $2.8b $2.8b $2.8b $2.8b $2.8b $2.9b $2.8b $2.9b
Income taxes ($20.0m) ($178.0m) $178.0m $363.0m $300.0m $214.0m $354.0m $616.0m $538.0m $639.0m
Increase (Decrease) in Accounts Payable ($219.0m) $753.0m $483.0m ($595.0m) ($934.0m) $795.0m $852.0m $49.0m $62.0m ($72.0m)
Increase (Decrease) in Accounts Receivable ($899.0m) $1.4b $186.0m ($636.0m) ($1.4b) $500.0m $1.2b $257.0m $312.0m ($188.0m)
Increase (Decrease) in Inventories ($552.0m) $29.0m $681.0m $202.0m ($340.0m) $10.0m $642.0m $303.0m ($147.0m) ($80.0m)
Interest $659.0m $594.0m $556.0m $534.0m $509.0m $517.0m $487.0m $460.0m $441.0m $432.0m
Inventories $552.0m ($29.0m) ($681.0m) ($202.0m) $340.0m ($10.0m) ($642.0m) ($303.0m) $147.0m $80.0m
Inventory Write-down $166.0m — — $458.0m $505.0m $0 $70.0m $0 $0 —
Investing Cash Flow — — — — — — ($967.0m) ($1.7b) ($1.7b) ($1.3b)
Investment Income, Interest $59.0m $112.0m $44.0m $23.0m $38.0m $60.0m $117.0m $81.0m $97.0m $88.0m
Issuance Of Capital Stock — — — — — — $229.0m $136.0m $105.0m $98.0m
Maximum Percentage Gross Trade Receivables From One Customer — — — — — — — — $0 $0
Net Business Purchase And Sale — — — — — — $0 ($13.0m) ($166.0m) ($548.0m)
Net PPE Purchase And Sale — — — — — — $200.0m $195.0m $223.0m $185.0m
Other Non Cash Items — — — — — — $212.0m $113.0m $109.0m ($552.0m)
Other operating activities ($219.0m) $515.0m $280.0m $144.0m $120.0m ($225.0m) $212.0m $113.0m $109.0m ($552.0m)
Payments to Acquire Marketable Securities ($92.0m) ($109.0m) ($423.0m) — — ($5.0m) ($75.0m) ($492.0m) ($438.0m) ($202.0m)
Proceeds from Sale and Maturity of Marketable Securities — — — — — $0 $0 $131.0m $214.0m $444.0m
Proceeds from Stock Options Exercised $186.0m $158.0m $195.0m $118.0m $87.0m $79.0m $229.0m $136.0m $105.0m $98.0m
Purchase Of Business — — — — — — — ($13.0m) ($166.0m) ($548.0m)
Receivables $899.0m ($1.4b) ($186.0m) $636.0m $1.4b ($500.0m) ($1.2b) ($257.0m) ($312.0m) $188.0m
Repurchase Of Capital Stock — — — — — — ($250.0m) ($800.0m) ($1.0b) ($1.0b)
Revenue from Contract with Customer, Including Assessed Tax — — $24.0b $22.4b $14.4b $15.3b $20.3b $23.0b $22.9b $22.2b
Sale Of Business — — — — — $87.0m $0 $0 — —
Sale Of PPE — — — — — — $200.0m $195.0m $223.0m $185.0m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment — $13.0m — — — — — — — —
Total cash flows used in financing activities ($3.5b) ($2.2b) ($1.4b) ($695.0m) ($1.0b) ($838.0m) ($1.8b) ($1.7b) ($1.7b) ($2.0b)
Total cash flows used in investing activities ($710.0m) ($1.9b) ($2.0b) ($1.4b) ($486.0m) ($534.0m) ($967.0m) ($1.7b) ($1.7b) ($1.3b)
Net Cash Provided by (Used in) Operating Activities ($1.7b) $2.5b $3.2b $2.4b $1.9b $1.9b $2.2b $3.5b $3.9b $2.9b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($1.0b) ($1.4b) ($1.4b) ($1.3b)
Capital Expenditure Reported $798.0m $1.4b $2.0b $1.5b $728.0m $799.0m ($1.0b) ($1.4b) ($1.4b) ($1.3b)
Capital expenditures ($798.0m) ($1.4b) ($2.0b) ($1.5b) ($728.0m) ($799.0m) ($1.0b) ($1.4b) ($1.4b) ($1.3b)
Proceeds from sales of property, plant and equipment $222.0m $158.0m $218.0m $190.0m $286.0m $257.0m $200.0m $195.0m $223.0m $185.0m
Payments to Acquire Businesses, Net of Cash Acquired $31.0m $628.0m $187.0m $33.0m $0 — — ($13.0m) ($27.0m) $185.0m
Net Investment Purchase And Sale — — — — — — ($75.0m) ($361.0m) ($224.0m) $362.0m
Purchase Of Investment — — — — — — ($75.0m) ($492.0m) ($438.0m) ($202.0m)
Sale Of Investment — — — — — — $0 $131.0m $214.0m $564.0m
Net Other Investing Changes — — — — — — ($81.0m) ($101.0m) ($45.0m) ($70.0m)
Other investing activities ($103.0m) ($84.0m) ($102.0m) ($72.0m) ($44.0m) ($79.0m) ($156.0m) ($114.0m) ($211.0m) ($70.0m)
Payments for (Proceeds from) Other Investing Activities $103.0m $84.0m $102.0m $72.0m $44.0m $79.0m $156.0m $114.0m $211.0m $70.0m
Net Cash Provided by (Used in) Investing Activities ($710.0m) ($1.9b) ($2.0b) ($1.4b) ($486.0m) ($534.0m) ($967.0m) ($1.7b) ($1.7b) ($1.3b)
Cash flows from financing activities:
Issuance Of Debt — — — — — $0 $0 — — —
Long Term Debt Issuance — — — — — $0 $0 — — —
Net Issuance Payments Of Debt — — — — — — ($1.2b) ($305.0m) ($100.0m) ($389.0m)
Net Long Term Debt Issuance — — — — — — ($1.2b) ($305.0m) ($100.0m) ($389.0m)
Proceeds from Issuance of Long-term Debt $74.0m $10.0m — — $994.0m $0 $0 — — —
Long Term Debt Payments — — — — — — ($1.2b) ($305.0m) ($100.0m) ($389.0m)
Repayment Of Debt — — — — — — ($1.2b) ($305.0m) ($100.0m) ($389.0m)
Repayments of Long-term Debt $3.2b $1.6b $445.0m $13.0m $1.7b $700.0m $1.2b $305.0m $100.0m $389.0m
Common Stock Issuance — — — — — — $229.0m $136.0m $105.0m $98.0m
Net Common Stock Issuance — — — — — — ($21.0m) ($664.0m) ($900.0m) ($909.0m)
Proceeds from issuance of common stock $186.0m $158.0m $195.0m $118.0m $87.0m $79.0m $229.0m $136.0m $105.0m $98.0m
Common Stock Payments — — — — — — ($250.0m) ($800.0m) ($1.0b) ($1.0b)
Payments for Repurchase of Common Stock $0 $0 $400.0m $100.0m $100.0m $0 $250.0m $800.0m $1.0b $1.0b
Payments of Ordinary Dividends, Common Stock $620.0m $626.0m $630.0m $630.0m $278.0m $161.0m $435.0m $576.0m $600.0m $579.0m
Cash Dividends Paid — — — — — — ($435.0m) ($576.0m) ($600.0m) ($579.0m)
Common Stock Dividend Paid — — — — — — ($435.0m) ($576.0m) ($600.0m) ($579.0m)
Dividends to shareholders ($620) ($626) ($630) ($630) ($278) ($161) ($435) ($576) ($600) ($579)
Net Other Financing Charges — — — — — — ($100.0m) ($126.0m) ($130.0m) ($110.0m)
Other financing activities ($9.0m) ($62.0m) ($139.0m) ($70.0m) ($56.0m) ($56.0m) ($100.0m) ($126.0m) ($130.0m) ($110.0m)
Proceeds from (Payments for) Other Financing Activities ($9.0m) ($62.0m) ($139.0m) ($70.0m) ($56.0m) ($56.0m) ($100.0m) ($126.0m) ($130.0m) ($110.0m)
Net Cash Provided by (Used in) Financing Activities ($3.5b) ($2.2b) ($1.4b) ($695.0m) ($1.0b) ($838.0m) ($1.8b) ($1.7b) ($1.7b) ($2.0b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total — — ($329.0m) $260.0m $295.0m $481.0m ($698.0m) ($82.0m) $354.0m ($412.0m)
Effect Of Exchange Rate Changes — — — — — — ($175.0m) ($210.0m) ($127.0m) ($26.0m)
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Including Discontinued Operation — — — — ($93.0m) ($58.0m) ($175.0m) ($210.0m) ($127.0m) ($26.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — $295.0m $481.0m ($698.0m) ($82.0m) $354.0m ($412.0m)
Cash and equivalents at beginning of period — — — — — — — $2.3b $2.6b $2.2b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $2.0b $2.3b — — — $2.3b $2.6b —
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($698.0m) ($82.0m) $354.0m ($412.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $659.0m $594.0m $556.0m $534.0m $509.0m $517.0m $487.0m $460.0m $441.0m $432.0m
Income Taxes Paid, Net ($20.0m) ($178.0m) $178.0m $363.0m $300.0m $214.0m $354.0m $616.0m $538.0m $639.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.