Governance
CHAPTER SECTIONs
Topic | 2018 | 2019 | 2020 |
|---|---|---|---|
Financial Performance (Millions of U.S. Dollars (USD) and Shares, Except Per Share Data) | |||
| Revenue | $23,995 | $22,40 | $14,445 |
| Total Operating Expenses | $(21,528) | $(22,856) | $(16,881) |
| Operating Income (Loss) | $2,467 | $(448) | $(2,436) |
| Income (Loss) Before Taxes | $1,814 | $(1,122) | $(3,220) |
Amounts Attributable to Company Shareholders: | |||
Net Income (Loss) from Continuing Operations | $1,656 | $(1,131) | $(2,945) |
Diluted Income (Loss) Per Share from Continuing Operations | $1.89 | $(1.29) | $(3.34) |
| Cash Dividends Per Share | $0.72 | $0.72 | $0.32 |
| Diluted Common Shares Outstanding | $877 | $875 | $881 |
| Net Working Capital | $6,349 | $6,334 | $5,054 |
| Total Assets | $25,982 | $25,377 | $20,680 |
| Total Debt | $10,344 | $10,327 | $9,827 |
| Total Shareholders' Equity | $9,544 | $8,025 | $4,983 |
| Cash Flows from Operating Activities | $3,157 | $2,445 | $1,881 |
| Capital Expenditures | $2,026 | $1,530 | $728 |
| Depreciation, Depletion and Amortization | $1,606 | $1,625 | $1,058 |
| Total Capitalization | $19,888 | $18,352 | $14,810 |
| Debt to Total Capitalization | 52% | 56% | 66% |
| In 2020, the amount of net revenue generated by Halliburton in countries that have the 20 lowest rankings on Transparency International’s Corruption Perception Index comprises approximately 2% of the Company’s total revenue. | |||
Political Contributions | |||
| Local, Regional or National Political Campaigns / Organizations / Candidates | $0 | $0 | $0 |
| Lobbying, Interest Representation or Similar | $118,942 | $332,053 | $339,457 |
| Trade Associations or Tax-Exempt Groups (e.g., Think Tanks) | $- | $242,800 | $373,300 |
| Other (e.g., Spending Related to Ballot Measures or Referendums) | $0 | $0 | $0 |
Board Information (as of Publication Date) | |||
| Average Board Meeting Attendance | 96% | 94% | 100% |
| Board Independence | 9 | 9 | 10 |
| Board Gender Diversity: Women on Board of Directors (BOD) | 3 | 3 | 3 |
| Board Ethnic Diversity: Ethnic Diversity on BOD | 2 | 2 | 3 |
Research and Development | |||
| Patents Granted Per Year | 896 | 1,116 | 825 |
| Total R&D Spend (Million USD) | $390 | $404 | $309 |
| R&D Spend as a Percentage of Revenue | 1.60% | 1.80% | 2.10% |
| Patent Efficiency (U.S. Patents Granted Per USD 1M of R&D Spend) | 1.83 | 3.39 | 2.29 |
| Ranking Among Largest U.S. Patents Granted (by IFI Claims) | 39th | 34th | 49th |
| Ranking Among Largest U.S. Patents Granted to Oil & Gas Companies (by IFI Claims) | 1st | 1st | 1st |
Service Quality Metrics | |||
| Customer Non-Productive Time (NPT) | 0.52% | 0.40% | 0.31% |
Local Ethics Officer (LEO) Program | |||
| Number of Local Ethics Officers | 58 | 57 | 57 |
Ethics Training | |||
| Total Percentage of the Board of Directors that the Organization’s Anti-Corruption Policies and Procedures Have Been Communicated To | 100% | 100% | 100% |
| COBC Training (Participants) | 47,145 | 43,792 | 45,989 |
| Anti-Corruption Training (Participants) | 9,179 | 9,187 | 17,409 |
| Enhanced Procurement Fraud Training in Countries Designated as High Risk for Procurement Fraud (Participants) | 1,510 | 1,433 | 1,637 |
Global Ethics and Compliance Reports | |||
| Global Ethics and Compliance Reports | 669 | 772 | 711 |
| Code of Business Conduct Reports Closed / Number of Reports with Potential Violations | 163/175 | 215/209 | 209/221 |
Procurement | |||
| Percentage of Spend with Local Suppliers | - | 80% | 84% |
| Number of Tier 1 Suppliers | 25,732 | 24,539 | 23,771 |
| Tier 1 Suppliers’ Share of Total Procurement Spend | 100% | 100% | 100% |
| Number of Critical Non-Tier 1 Suppliers | 0 | 0 | 0 |
| Critical Non-Tier 1 Suppliers’ Share of Total Procurement Spend | 0% | 0% | 0% |
| Number of Suppliers Assessed in the Last Three Years for Sustainability Risks | 25,604 | 25,154 | 23,648 |
| Spend with Small and Diverse Suppliers (Million USD) | $1,245 | $1,025 | $579 |
| Spend with Minority Suppliers (Million USD) | $147 | $149 | $74 |