v3.25.4
Business Segment and Geographic Information (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue:      
Revenue $ 22,184 $ 22,944 $ 23,018
Operating income (loss):      
Total operating income 2,260 3,822 4,083
SAP S4 Upgrade Expense (154) (124) (51)
Impairments and other charges [1] (831) (116) 0
Interest expense, net of interest income (352) (353) (395)
Gains (Loss) on Blue Chip Swap Transaction (9) (8) (110)
Argentina Currency Devaluation 0 0 (131)
Other, net [2] (128) (227) (84)
Income (loss) before 1,771 3,234 3,363
Payments to Acquire Productive Assets 1,254 1,442 1,379
Operating Expenses [Abstract]      
Depreciation, Depletion and Amortization 1,136 1,079 998
Assets      
Assets 25,010 25,587  
Property, Plant and Equipment [Abstract]      
Property, Plant and Equipment, Net 5,261 5,113  
Total operations      
Operating income (loss):      
Total operating income 3,507 4,317 4,378
Completion and Production      
Revenue:      
Revenue 12,782 13,251 13,689
Operating income (loss):      
Total operating income 2,128 2,709 2,835
Impairments and other charges (556) (45) 0
Payments to Acquire Productive Assets 741 775 765
Operating Expenses [Abstract]      
Cost, Direct Material 5,361 5,428 5,906
Cost, Direct Labor 1,919 1,922 1,810
Depreciation, Depletion and Amortization 618 588 553
Other Cost of Operating Revenue 2,756 2,604 2,585
Operating Expenses, Total 10,654 10,542 10,854
Assets      
Assets 10,492 11,987  
Drilling and Evaluation      
Revenue:      
Revenue 9,402 9,693 9,329
Operating income (loss):      
Total operating income 1,379 1,608 1,543
Impairments and other charges (247) (34) 0
Payments to Acquire Productive Assets 513 665 613
Operating Expenses [Abstract]      
Cost, Direct Material 3,641 3,803 3,771
Cost, Direct Labor 1,908 1,865 1,750
Depreciation, Depletion and Amortization 496 475 430
Other Cost of Operating Revenue 1,978 1,942 1,835
Operating Expenses, Total 8,023 8,085 7,786
Assets      
Assets 7,870 7,806  
Corporate and Other      
Operating income (loss):      
Corporate and other [3] (262) (255) (244)
Impairments and other charges (28) (37) 0
Payments to Acquire Productive Assets 0 2 1
Operating Expenses [Abstract]      
Depreciation, Depletion and Amortization 22 16 15
Assets      
Assets 6,648 5,794  
North America [Member]      
Revenue:      
Revenue 9,066 9,626 10,492
Property, Plant and Equipment [Abstract]      
Property, Plant and Equipment, Net 2,291 2,595  
Latin America [Member]      
Revenue:      
Revenue 3,935 4,211 3,987
Property, Plant and Equipment [Abstract]      
Property, Plant and Equipment, Net 730 1,002  
Europe/Africa/CIS [Member]      
Revenue:      
Revenue 3,351 3,003 2,861
Property, Plant and Equipment [Abstract]      
Property, Plant and Equipment, Net 686 593  
Middle East/Asia [Member]      
Revenue:      
Revenue 5,832 6,104 $ 5,678
Property, Plant and Equipment [Abstract]      
Property, Plant and Equipment, Net $ 1,554 $ 923  
[1]
Impairments and other charges are as follows:
–For the year ended December 31, 2025, amount includes approximately $556 million attributable to Completion and Production,
$247 million attributable to Drilling and Evaluation, and $28 million attributable to Corporate and other.
–For the year ended December 31, 2024, amount includes approximately $45 million attributable to Completion and Production,
$34 million attributable to Drilling and Evaluation, and $37 million attributable to Corporate and other.
[2]
During the year ended December 31, 2025, Halliburton incurred a charge of $23 million due to the impairment of an investment in
Argentina. During the year ended December 31, 2024, Halliburton incurred a charge of $82 million primarily due to the impairment of
an investment in Argentina and currency devaluation in Egypt.
[3]
Includes certain expenses not attributable to a business segment, such as costs related to support functions, corporate executives, and
operating lease assets, and includes amortization expense associated with intangible assets recorded as a result of acquisitions.