Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Halliburton Co., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Cash and equivalents	2,008)	2,337)	4,009)	10,077)	2,291)
Receivables, less allowances for bad debts	5,234)	5,036)	3,922)	5,317)	7,564)
Inventories	3,028)	2,396)	2,275)	2,417)	3,571)
Assets held for sale	—)	—)	—)	2,115)	—)
Current deferred income taxes	—)	—)	—)	—)	421)
Other current assets	881)	1,008)	1,471)	1,683)	1,221)
Current assets	11,151)	10,777)	11,677)	21,609)	15,068)
Property, plant, and equipment, net of accumulated depreciation	8,961)	8,521)	8,532)	10,911)	12,475)
Goodwill	2,825)	2,693)	2,414)	2,109)	2,330)
Deferred income taxes	1,384)	1,230)	1,960)	—)	—)
Other assets	1,661)	1,864)	2,417)	2,313)	2,367)
Noncurrent assets	14,831)	14,308)	15,323)	15,333)	17,172)
Total assets	25,982)	25,085)	27,000)	36,942)	32,240)

Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).

Assets: Selected Items

Download chart

Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Halliburton Co. current assets decreased from 2016 to 2017 but then slightly increased from 2017 to 2018.
Property, plant, and equipment, net of accumulated depreciation	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Halliburton Co. property, plant, and equipment, net of accumulated depreciation decreased from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
Noncurrent assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Halliburton Co. noncurrent assets decreased from 2016 to 2017 but then increased from 2017 to 2018 not reaching 2016 level.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Halliburton Co. total assets decreased from 2016 to 2017 but then slightly increased from 2017 to 2018.

Current Assets: Selected Items

Download chart

Balance sheet item	Description	The company
Cash and equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Halliburton Co. cash and equivalents decreased from 2016 to 2017 and from 2017 to 2018.
Receivables, less allowances for bad debts	The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value.	Halliburton Co. receivables, less allowances for bad debts increased from 2016 to 2017 and from 2017 to 2018.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Halliburton Co. inventories increased from 2016 to 2017 and from 2017 to 2018.

Halliburton Co. (NYSE:HAL)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items