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Business Segment and Geographic Information (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Revenue $ 5,600 $ 5,697 $ 16,527 $ 17,334
Operating income (loss):        
Operating income 356 871 1,514 2,890
Interest expense, net of interest income (88) (85) (266) (269)
Other, net [1] (49) (52) (112) (180)
Income (loss) from continuing operations before income taxes 219 734 1,136 2,441
Payments to Acquire Productive Assets 261 339 917 1,016
Depreciation, Depletion and Amortization 285 270 846 804
SAP S4 Upgrade Expense (50) (28) (112) (91)
Argentina investment impairment and Egypt Devaluation (23)   (23)  
Impairments and other charges [2] (392) (116) (748) (116)
Total operations        
Operating income (loss):        
Operating income 862 1,075 2,570 3,287
Completion and Production        
Revenue:        
Revenue 3,223 3,299 9,514 10,073
Operating income (loss):        
Operating income 514 669 1,558 2,080
Payments to Acquire Productive Assets 163 193 546 535
Depreciation, Depletion and Amortization 156 146 462 440
Impairments and other charges (252) (45) (453) (45)
Drilling and Evaluation        
Revenue:        
Revenue 2,377 2,398 7,013 7,261
Operating income (loss):        
Operating income 348 406 1,012 1,207
Payments to Acquire Productive Assets 98 145 371 479
Depreciation, Depletion and Amortization 123 120 368 353
Impairments and other charges (140) (34) (225) (34)
Corporate Segment and Other Operating Segment [Member]        
Operating income (loss):        
Other General Expense (64) (60) (196) (190)
Payments to Acquire Productive Assets 0 1 0 2
Depreciation, Depletion and Amortization 6 4 16 11
Impairments and other charges $ 0 $ (37) $ (70) $ (37)
[1]
During the three and nine months ended September 30, 2025, Halliburton incurred a charge of $23 million due to the impairment of an investment in
Argentina. During the nine months ended September 30, 2024, Halliburton incurred a charge of $82 million primarily due to the impairment of an
investment in Argentina and currency devaluation in Egypt.
[2]
For the three months ended September 30, 2025, the amount includes a $252 million charge attributable to Completion and Production, a $140 million
charge attributable to Drilling and Evaluation segment. For the nine months ended September 30, 2025, the amount included a $453 million charge
attributable to Completion and Production, a $225 million charge attributable to Drilling and Evaluation, and a $70 million charge attributable to
Corporate and other. For the three and nine months ended September 30, 2024, the amount included a $45 million charge attributable to Completion and
Production, a $34 million charge attributable to Drilling and Evaluation, and a $37 million charge attributable to Corporate and other. See Note 2 for
further discussion on impairments and other charges.