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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]        
Pay vs Performance [Table Text Block]

Pay Versus Performance

 

In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (PEO) and Non-PEO NEOs and Company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.

 

    Summary   Compensation   Average
Summary
Compensation		   Average
Compensation		   Value of Initial
Fixed $100
Investment
based on:(4)		        
Year   Compensation
Table Total for
Jeffrey A. Miller(1)
($)		   Actually Paid
to Jeffrey A.
Miller(1,2,3)
($)		   Table Total
for Non-PEO
NEOs(1)
($)		   Actually Paid
to Non-PEO
NEOs(1,2,3)
($)		   TSR
($)		   Peer
Group
TSR
($)		   Net Income
($ Millions)		   ROCE(5)
2023   19,911,392   20,834,868   7,358,140   7,347,798   156.92   115.10   2,662   18.1%
2022   23,402,317   64,585,671   8,040,278   19,847,918   167.76   112.94   1,595   12.3%
2021   23,591,982   33,778,483   9,206,791   12,042,514   96.13   69.94   1,468   13.4%
2020   22,319,385   19,510,665   7,649,701   6,933,420   78.80   57.92   (2,942)   (13.7%)

 

2020 2021 2022 2023
Eric J. Carre Eric J. Carre Eric J. Carre Eric J. Carre
Lance Loeffler Lance Loeffler Lance Loeffler Lawrence J. Pope
Joe D. Rainey Joe D. Rainey Lawrence J. Pope Joe D. Rainey
Mark J. Richard Mark J. Richard Joe D. Rainey Mark J. Richard
    Mark J. Richard Van H. Beckwith

 

 

 

(1) Jeffrey A. Miller was our PEO for each year presented. The individuals comprising the Non-PEO named executive officers for each year presented are listed below.

 

2020 2021 2022 2023
Eric J. Carre Eric J. Carre Eric J. Carre Eric J. Carre
Lance Loeffler Lance Loeffler Lance Loeffler Lawrence J. Pope
Joe D. Rainey Joe D. Rainey Lawrence J. Pope Joe D. Rainey
Mark J. Richard Mark J. Richard Joe D. Rainey Mark J. Richard
    Mark J. Richard Van H. Beckwith

 

 

 

(2) The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3) Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated using valuation methodology that is consistent with the equity awards that we accounted for under FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the amounts from the Stock Awards column set forth in the Summary Compensation Table.

 

 

 

Year   Summary Compensation
Table Total for
Jeffrey A. Miller
($)		   Exclusion of Stock
Awards for
Jeffrey A. Miller
($)		   Inclusion of Equity
Values for
Jeffrey A. Miller
($)		   Compensation
Actually Paid to
Jeffrey A. Miller
($)
2023   19,911,392   (7,017,625)   7,941,101   20,834,868
                 

 

 

Year   Average Summary
Compensation Table
Total for
Non-PEO NEOs
($)		   Average Exclusion of
Stock Awards for
Non-PEO NEOs
($)		   Average Inclusion of
Equity Values for
Non-PEO NEOs
($)		   Average Compensation
Actually Paid to
Non-PEO NEOs
($)
2023   7,358,140   (2,198,555)   2,188,213   7,347,798

 

The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:

 

Year   Year-End Fair Value of
Equity Awards Granted
During Year That
Remained Unvested as
of Last Day of Year for
Jeffrey A. Miller
($)		   Change in Fair Value
from Last Day of Prior
Year to Last Day of
Year of Unvested
Equity Awards for
Jeffrey A. Miller
($)		   Vesting-Date Fair
Value of Equity Awards
Granted During Year
that Vested During
Year for
Jeffrey A. Miller
($)		   Change in Fair Value
from Last Day of Prior
Year to Vesting Date
of Unvested Equity
Awards that Vested
During Year for
Jeffrey A. Miller
($)		   Total - Inclusion of
Equity Values for
Jeffrey A. Miller
($)
2023   7,420,687   4,652,994   —   (4,132,580)   7,941,101
                     

 

Year   Average Year-End Fair
Value of Equity Awards
Granted During
Year That Remained
Unvested as of Last
Day of Year for
Non-PEO NEOs
($)		   Average Change in Fair
Value from Last Day of
Prior Year to Last Day of
Year of Unvested Equity
Awards for
Non-PEO NEOs
($)		   Average Vesting-Date
Fair Value of Equity
Awards Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)		   Average Change in Fair
Value from Last Day of
Prior Year to Vesting
Date of Unvested
Equity Awards that
Vested During Year for
Non-PEO NEOs
($)		   Total - Average
Inclusion of
Equity Values for
Non-PEO NEOs
($)
2023   1,685,079   1,504,628   215,555   (1,217,049)   2,188,213

 

(4) The Peer Group TSR set forth in this table utilizes the Oil Service Index (OSX), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2023. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the OSX, respectively. Historical stock performance is not necessarily indicative of future stock performance.
(5) We determined Return on Capital Employed (ROCE) to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2023, as we did in 2022. More information on ROCE can be found in the Long-Term Incentives section of Compensation Discussion and Analysis. This performance measure may not have been the most important financial performance measure for years 2021 and 2020, and we may determine a different financial performance measure to be the most important financial performance measure in future years.
      
Company Selected Measure Name ROCE      
Named Executive Officers, Footnote [Text Block]

 

 

(1) Jeffrey A. Miller was our PEO for each year presented. The individuals comprising the Non-PEO named executive officers for each year presented are listed below.

 

2020 2021 2022 2023
Eric J. Carre Eric J. Carre Eric J. Carre Eric J. Carre
Lance Loeffler Lance Loeffler Lance Loeffler Lawrence J. Pope
Joe D. Rainey Joe D. Rainey Lawrence J. Pope Joe D. Rainey
Mark J. Richard Mark J. Richard Joe D. Rainey Mark J. Richard
    Mark J. Richard Van H. Beckwith
      
Peer Group Issuers, Footnote [Text Block] The Peer Group TSR set forth in this table utilizes the Oil Service Index (OSX), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2023. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the OSX, respectively. Historical stock performance is not necessarily indicative of future stock performance.      
Adjustment To PEO Compensation, Footnote [Text Block]

 

Year   Summary Compensation
Table Total for
Jeffrey A. Miller
($)		   Exclusion of Stock
Awards for
Jeffrey A. Miller
($)		   Inclusion of Equity
Values for
Jeffrey A. Miller
($)		   Compensation
Actually Paid to
Jeffrey A. Miller
($)
2023   19,911,392   (7,017,625)   7,941,101   20,834,868
                 

 

Year   Year-End Fair Value of
Equity Awards Granted
During Year That
Remained Unvested as
of Last Day of Year for
Jeffrey A. Miller
($)		   Change in Fair Value
from Last Day of Prior
Year to Last Day of
Year of Unvested
Equity Awards for
Jeffrey A. Miller
($)		   Vesting-Date Fair
Value of Equity Awards
Granted During Year
that Vested During
Year for
Jeffrey A. Miller
($)		   Change in Fair Value
from Last Day of Prior
Year to Vesting Date
of Unvested Equity
Awards that Vested
During Year for
Jeffrey A. Miller
($)		   Total - Inclusion of
Equity Values for
Jeffrey A. Miller
($)
2023   7,420,687   4,652,994   —   (4,132,580)   7,941,101
                     
      
Non-PEO NEO Average Total Compensation Amount [1] $ 7,358,140 $ 8,040,278 $ 9,206,791 $ 7,649,701
Non-PEO NEO Average Compensation Actually Paid Amount [1],[2],[3] $ 7,347,798 19,847,918 12,042,514 6,933,420
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

 

Year   Average Summary
Compensation Table
Total for
Non-PEO NEOs
($)		   Average Exclusion of
Stock Awards for
Non-PEO NEOs
($)		   Average Inclusion of
Equity Values for
Non-PEO NEOs
($)		   Average Compensation
Actually Paid to
Non-PEO NEOs
($)
2023   7,358,140   (2,198,555)   2,188,213   7,347,798

 

Year   Average Year-End Fair
Value of Equity Awards
Granted During
Year That Remained
Unvested as of Last
Day of Year for
Non-PEO NEOs
($)		   Average Change in Fair
Value from Last Day of
Prior Year to Last Day of
Year of Unvested Equity
Awards for
Non-PEO NEOs
($)		   Average Vesting-Date
Fair Value of Equity
Awards Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)		   Average Change in Fair
Value from Last Day of
Prior Year to Vesting
Date of Unvested
Equity Awards that
Vested During Year for
Non-PEO NEOs
($)		   Total - Average
Inclusion of
Equity Values for
Non-PEO NEOs
($)
2023   1,685,079   1,504,628   215,555   (1,217,049)   2,188,213
      
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Company Total Shareholder Return (TSR)

 

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s cumulative TSR over the four most recently completed fiscal years.

 

PEO and Average Non-PEO NEO Compensation Actually Paid
Versus TSR

 

      
Compensation Actually Paid vs. Net Income [Text Block]

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income

 

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the four most recently completed fiscal years.

 

PEO and Average Non-PEO NEO Compensation Actually Paid
Versus Net Income

 

      
Compensation Actually Paid vs. Company Selected Measure [Text Block]

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and ROCE

 

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our ROCE during the four most recently completed fiscal years.

 

PEO and Average Non-PEO NEO Compensation Actually Paid
Versus ROCE

 

      
Total Shareholder Return Vs Peer Group [Text Block]

Relationship Between Company TSR and Peer Group TSR

 

The following chart compares our cumulative TSR over the four most recently completed fiscal years to that of the Oil Service Index (OSX) over the same period.

 

Comparison of Cumulative TSR of Halliburton Company and
Oil Service Index (OSX)

      
Tabular List [Table Text Block]

Tabular List of Most Important Financial Performance Measures

 

The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO and other NEOs for 2023 to Company performance. The measures in this table are not ranked.

 

Most Important Financial Performance Measures
Return on Capital Employed
Net Operating Profit After Taxes
Asset Turns
Relative Total Shareholder Return
      
Total Shareholder Return Amount [4] $ 156.92 167.76 96.13 78.80
Peer Group Total Shareholder Return Amount [4] 115.10 112.94 69.94 57.92
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 2,662,000,000 $ 1,595,000,000 $ 1,468,000,000 $ (2,942,000,000)
Company Selected Measure Amount [5] 0.181 0.123 0.134 (0.137)
PEO Name Jeffrey A. Miller Jeffrey A. Miller Jeffrey A. Miller Jeffrey A. Miller
Measure [Axis]: 1        
Pay vs Performance Disclosure [Table]        
Measure Name Return on Capital Employed      
Measure [Axis]: 2        
Pay vs Performance Disclosure [Table]        
Measure Name Net Operating Profit After Taxes      
Measure [Axis]: 3        
Pay vs Performance Disclosure [Table]        
Measure Name Asset Turns      
Measure [Axis]: 4        
Pay vs Performance Disclosure [Table]        
Measure Name Relative Total Shareholder Return      
Non-PEO NEO [Member] | Average Exclusion of Stock Awards        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ (2,198,555)      
Non-PEO NEO [Member] | Average Inclusion of Equity Values        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 2,188,213      
Non-PEO NEO [Member] | Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 1,685,079      
Non-PEO NEO [Member] | Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 1,504,628      
Non-PEO NEO [Member] | Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 215,555      
Non-PEO NEO [Member] | Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (1,217,049)      
Jeffrey A. Miller        
Pay vs Performance Disclosure [Table]        
PEO Total Compensation Amount [1] 19,911,392 $ 23,402,317 $ 23,591,982 $ 22,319,385
PEO Actually Paid Compensation Amount [1],[2],[3] 20,834,868 $ 64,585,671 $ 33,778,483 $ 19,510,665
Jeffrey A. Miller | PEO [Member] | Exclusion of Stock Awards for Jeffrey A. Miller        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount (7,017,625)      
Jeffrey A. Miller | PEO [Member] | Inclusion of Equity Values for Jeffrey A. Miller        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 7,941,101      
Jeffrey A. Miller | PEO [Member] | Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 7,420,687      
Jeffrey A. Miller | PEO [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount 4,652,994      
Jeffrey A. Miller | PEO [Member] | Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount      
Jeffrey A. Miller | PEO [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year        
Pay vs Performance Disclosure [Table]        
Adjustment to Compensation Amount $ (4,132,580)      
[1] Jeffrey A. Miller was our PEO for each year presented. The individuals comprising the Non-PEO named executive officers for each year presented are listed below.
[2] Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated using valuation methodology that is consistent with the equity awards that we accounted for under FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the amounts from the Stock Awards column set forth in the Summary Compensation Table.
[3] The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
[4] The Peer Group TSR set forth in this table utilizes the Oil Service Index (OSX), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2023. The comparison assumes $100 was invested for the period starting December 31, 2019, through the end of the listed year in the Company and in the OSX, respectively. Historical stock performance is not necessarily indicative of future stock performance.
[5] We determined Return on Capital Employed (ROCE) to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2023, as we did in 2022. More information on ROCE can be found in the Long-Term Incentives section of Compensation Discussion and Analysis. This performance measure may not have been the most important financial performance measure for years 2021 and 2020, and we may determine a different financial performance measure to be the most important financial performance measure in future years.