Governance

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 Capitalization52%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 Attendance96%94%100%
Board Independence9910
Board Gender Diversity: Women on Board of Directors (BOD)333
Board Ethnic Diversity: Ethnic Diversity on BOD223

Research and Development




Patents Granted Per Year8961,116825
Total R&D Spend (Million USD)

$390

$404

$309

R&D Spend as a Percentage of Revenue1.60%1.80%2.10%
Patent Efficiency (U.S. Patents Granted Per USD 1M of R&D Spend)1.833.392.29
Ranking Among Largest U.S. Patents Granted (by IFI Claims)39th34th49th
Ranking Among Largest U.S. Patents Granted to Oil & Gas Companies (by IFI Claims) 1st1st1st

Service Quality Metrics




Customer Non-Productive Time (NPT)0.52%0.40%0.31%

Local Ethics Officer (LEO) Program




Number of Local Ethics Officers585757

Ethics Training




Total Percentage of the Board of Directors that the Organization’s Anti-Corruption Policies and Procedures Have Been Communicated To100%100%100%
COBC Training (Participants)47,14543,79245,989
Anti-Corruption Training (Participants)9,1799,18717,409
Enhanced Procurement Fraud Training in Countries Designated as High Risk for Procurement Fraud (Participants)1,5101,4331,637

Global Ethics and Compliance Reports




Global Ethics and Compliance Reports669772711
Code of Business Conduct Reports Closed / Number of Reports with Potential Violations163/175215/209209/221

Procurement




Percentage of Spend with Local Suppliers-80%84%
Number of Tier 1 Suppliers25,73224,53923,771
Tier 1 Suppliers’ Share of Total Procurement Spend100%100%100%
Number of Critical Non-Tier 1 Suppliers000
Critical Non-Tier 1 Suppliers’ Share of Total Procurement Spend0%0%0%
Number of Suppliers Assessed in the Last Three Years for Sustainability Risks25,60425,15423,648
Spend with Small and Diverse Suppliers (Million USD)

$1,245

$1,025

$579

Spend with Minority Suppliers (Million USD)

$147

$149

$74