Get SEC filings for Halliburton Co (HAL), including Annual Report (10k) and Quarterly Report (10Q). K 1 DECEMBER 31, FORM K Portions of the Halliburton Company Proxy Statement for our Annual Meeting of. Portions of the Halliburton Company Proxy Statement for our .. Our annual reports on Form K, quarterly reports on Form Q, current.
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Cash flows from financing activities: Among other things, these sanctions restrict the provision of U. October 1 – Includes capital lease obligations and pension funding obligations. In addition, well control and prevention services are included. Executive Agreement Eric J. In Jalliburtonwe and Baker Hughes Incorporated Baker Hughes entered into a merger agreement under which, subject to the conditions set forth in the merger agreement, we will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction.
Value of long-lived assets, including intangible assets and goodwill. The program improves products, processes, and engineering standards and practices that serve the changing needs of our customers, such as those related to high pressure and high temperature environments, and also develops new products and processes. See Note 1 to the consolidated financial statements for our halliburrton policies related to long-lived assets and intangible assets, as well as the results of our goodwill impairment assessment.
Halliburton Co(HAL) Annual Report (10K) Quarterly Report (10Q)
Legal, environmental and investigation matters. Completion and Production delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift and completion services.
Goodwill is the excess of the cost of an acquired entity over the net of the amounts assigned to assets acquired and liabilities assumed. As with any joint venture arrangement, differences in views among the joint venture participants may result in delayed decisions or in failures to agree on major issues.
See Note 15 to the consolidated financial statements for further information related to defined benefit and other postretirement benefit plans. We apply the following basic principles in accounting for our income taxes: Many of the raw materials essential to our business require the use of rail, storage, and trucking services to transport the halliburtkn to our jobsites. Accordingly, our results of operations can be affected by adjustments to the allowance due to actual write-offs that differ from estimated amounts.
Income loss from continuing operations.
There are no family relationships between the executive officers of the registrant or between any director and any executive officer of the registrant.
While we believe that the assumptions used are appropriate, differences in actual experience or changes in assumptions may materially affect our financial position or results of operations. These ranges reflect varying maturity levels among the plans.
Halliburtkn securities are reflected in “Other current assets” and “Other assets” in our consolidated balance sheets. This may reduce the profit to be realized or result in a loss on a project. Indicate by check mark whether the registrant 1 has filed all reports required to be filed by Section 13 or 15 d of the Securities Exchange Act of during the preceding 12 months or for such shorter period that the registrant was required to file such reportsand 2 has been subject to such filing requirements for the past 90 days.
We identified our most critical accounting estimates to be: We have in hallibjrton past recorded significant adjustments to our initial estimates of these types of contingencies. Allowance for bad debts. Total cash flows from financing activities. Termination of Baker Hughes acquisition. The recording of profits and losses on long-term contracts requires an estimate of the total profit or loss over the life of each contract.
Net loss attributable to noncontrolling interest. We recognize the amount of taxes payable or refundable for the year. Partner, Baker Botts L. We reduced our global workforce in an effort to address deteriorating market conditions and better align our workforce with anticipated activity levels in the near-term.
In most cases, we bill our customers for our services in arrears and are, therefore, subject to our customers delaying or failing to pay our invoices. We believe that our audit provides a reasonable basis for our opinion. We expect to make the related payment in when the halllburton is finalized and approved by the court. Our financial statements are prepared in conformity with United States generally accepted accounting principles, requiring us to make estimates and assumptions that affect: The acquisition will be accounted for as an acquisition by us in accordance with accounting principles generally accepted in the United States.
In addition, we have engineered a process that uses ultraviolet light to control the growth of bacteria in hydraulic fracturing fluids, allowing customers to minimize the use of chemical biocides. Title of each class. We are unable to predict whether or when the court will approve our MDL settlement or whether or when the conditions of our MDL Settlement will be satisfied.
Price erosion for our services continued during the majority of Income loss from discontinued operations, net.
Revenue and Operating Income Loss Comparison. Cash and equivalents at end hallibuurton period. Halliburton Landmark will provide the training curriculum, instructors, software, workstations and tools to be used in the classroom. Noncontrolling interest in consolidated subsidiaries. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized.
Pretax Pension Expense in Upon sale or retirement of an asset, the related costs and accumulated depreciation are removed from the accounts and any gain or loss is recognized.
Internal control over financial reporting, no matter how well designed, has inherent limitations.