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v3.25.3

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.

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