XML 28 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Shareholders' Equity
 9 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Shareholders’ Equity
The following tables summarize our shareholders’ equity activity:
Millions of dollars
Total shareholders' equity
Company shareholders' equity
Noncontrolling interest in consolidated subsidiaries
Balance at December 31, 2012
$
15,790

$
15,765

$
25

Shares repurchased
(4,356
)
(4,356
)
—

Stock plans
397

397

—

Payments of dividends to shareholders
(337
)
(337
)
—

Other
(25
)
(22
)
(3
)
Comprehensive income
1,349

1,341

8

Balance at September 30, 2013
$
12,818

$
12,788

$
30

Millions of dollars
Total shareholders' equity
Company shareholders' equity
Noncontrolling interest in consolidated subsidiaries
Balance at December 31, 2011
$
13,216

$
13,198

$
18

Stock plans
265

265

—

Payments of dividends to shareholders
(250
)
(250
)
—

Other
(24
)
(22
)
(2
)
Comprehensive income
1,984

1,977

7

Balance at September 30, 2012
$
15,191

$
15,168

$
23



In July 2013, our board of directors increased the authorization to purchase Halliburton common stock by $4.3 billion, to a new total repurchase capacity of $5.0 billion. In August 2013, we repurchased approximately 68 million shares of our common stock for an aggregate cost of $3.3 billion at a purchase price of $48.50 per share, excluding fees and expenses, pursuant to a modified Dutch auction cash tender offer. During the nine months ended September 30, 2013, we repurchased approximately 93 million shares of our common stock for a total cost of approximately $4.4 billion at an average price of $47.02 per share. As of September 30, 2013, approximately $1.7 billion remains available under the stock purchase authorization.
    
Accumulated other comprehensive loss consisted of the following:
Millions of dollars
September 30,
2013
December 31,
2012
Defined benefit and other postretirement liability adjustments
$
(233
)
$
(241
)
Cumulative translation adjustments
(68
)
(69
)
Other
1

1

Total accumulated other comprehensive loss
$
(300
)
$
(309
)


Amounts reclassified out of accumulated other comprehensive loss for the nine months ended September 30, 2013 and 2012 were not material. Additionally, the tax effects allocated to each component of other comprehensive income for the three and nine months ended September 30, 2013 and 2012 were not material.