Balance Sheet: Assets
Quarterly Data

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 (quarterly data)

US$ in millions

	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
Cash and equivalents	2,008)	2,057)	2,058)	2,332)	2,337)	1,898)	2,139)	2,107)	4,009)	3,289)	3,108)	9,593)	10,077)	2,249)	2,760)	2,294)	2,291)	2,029)	2,360)	2,123)
Marketable securities	—)	—)	414)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Receivables, net of allowances for bad debts	5,234)	5,526)	5,403)	5,255)	5,036)	4,852)	4,385)	4,008)	3,922)	4,360)	4,725)	4,983)	5,317)	5,791)	5,633)	6,419)	7,564)	7,555)	6,781)	6,314)
Inventories	3,028)	2,887)	2,637)	2,458)	2,396)	2,444)	2,283)	2,295)	2,275)	2,475)	2,650)	2,893)	2,417)	2,692)	2,831)	3,467)	3,571)	3,650)	3,529)	3,415)
Assets held for sale	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	2,115)	2,082)	2,104)	—)	—)	—)	—)	—)
Other current assets	881)	966)	924)	990)	1,008)	950)	1,453)	1,418)	1,471)	1,636)	2,097)	1,636)	1,683)	2,105)	1,896)	1,645)	1,642)	1,613)	1,495)	1,634)
Current assets	11,151)	11,436)	11,436)	11,035)	10,777)	10,144)	10,260)	9,828)	11,677)	11,760)	12,580)	19,105)	21,609)	14,919)	15,224)	13,825)	15,068)	14,847)	14,165)	13,486)
Property, plant, and equipment, net of accumulated depreciation	8,961)	8,821)	8,825)	8,596)	8,521)	8,432)	8,374)	8,415)	8,532)	8,741)	8,961)	9,252)	10,911)	11,018)	11,153)	12,299)	12,475)	12,050)	11,677)	11,463)
Goodwill	2,825)	2,800)	2,824)	2,707)	2,693)	2,685)	2,407)	2,419)	2,414)	2,383)	2,383)	2,383)	2,109)	2,124)	1,983)	2,332)	2,330)	2,312)	2,267)	2,193)
Deferred income taxes	1,384)	1,128)	1,117)	1,227)	1,230)	2,191)	2,232)	2,141)	1,960)	1,944)	1,856)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other assets	1,661)	1,566)	1,563)	1,626)	1,864)	2,338)	2,052)	2,082)	2,417)	1,927)	1,957)	3,192)	2,313)	2,187)	2,246)	2,131)	2,367)	2,374)	2,375)	2,114)
Noncurrent assets	14,831)	14,315)	14,329)	14,156)	14,308)	15,646)	15,065)	15,057)	15,323)	14,995)	15,157)	14,827)	15,333)	15,329)	15,382)	16,762)	17,172)	16,736)	16,319)	15,770)
Total assets	25,982)	25,751)	25,765)	25,191)	25,085)	25,790)	25,325)	24,885)	27,000)	26,755)	27,737)	33,932)	36,942)	30,248)	30,606)	30,587)	32,240)	31,583)	30,484)	29,256)

Cash and Equivalents: Cash and equivalents remained relatively stable in early 2014, fluctuating between 2,000 and 2,300 million USD. A notable increase was observed at the end of 2015, reaching a peak of 10,077 million USD, before sharply declining to a level around 2,000 million USD throughout 2016 to 2018.
Marketable Securities: Marketable securities data is mostly absent, with a single noted value of 414 million USD in late 2018, suggesting this asset category may have been either insignificant or inconsistently reported over the period.
Receivables, Net of Allowances: Receivables peaked in late 2014 at approximately 7,555 million USD but then generally decreased through 2016 to a low of around 3,922 million USD at the end of that year. From 2017 onwards, receivables exhibited a steady recovery, climbing back to over 5,500 million USD by late 2018.
Inventories: Inventory levels showed a declining trend from early 2014 (3,415 million USD) to late 2016 (approximately 2,275 million USD), indicating possible inventory reduction efforts or lower inventory purchases. Afterward, inventory levels slightly increased towards nearly 3,000 million USD by the end of 2018.
Assets Held for Sale: The period covering mid to late 2015 featured significant assets held for sale, with figures around 2,100 million USD, and no further data for this category in other periods, implying a one-time or limited disposals event during 2015.
Other Current Assets: This category fluctuated moderately throughout the timeline, with values generally between 1,400 and 2,100 million USD. There was a brief rise in mid-2016 and some decline afterwards, indicating variability in short-term asset composition.
Current Assets: Current assets followed a pattern consistent with cash and receivables, peaking notably in late 2015 at over 21,600 million USD, followed by a decline to roughly 9,800 million USD by early 2017. Afterward, current assets stabilized slightly above 11,000 million USD in 2018.
Property, Plant, and Equipment (Net): Fixed assets net of depreciation showed a downward trend after peaking in late 2014 at nearly 12,500 million USD, steadily declining to below 8,600 million USD by late 2018. This indicates possible asset disposals, depreciation outpacing capital expenditures, or lower investment in fixed assets during the period.
Goodwill: Goodwill values remained relatively stable from 2014 to mid-2015, with some fluctuations around 2,100–2,300 million USD. From late 2016 onward, goodwill increased moderately, reaching around 2,825 million USD by the end of 2018, suggesting acquisitions or revaluations.
Deferred Income Taxes: Starting from 2016, deferred income taxes exhibited variation, rising from about 1,856 million USD in early 2016 to over 2,200 million USD by early 2017, then declining sharply to near 1,100 million USD in late 2017 and rising again towards 1,384 million USD by the end of 2018. This volatility may reflect changes in tax positions or timing differences in recognition.
Other Assets: Other assets showed irregular changes, spiking to over 3,190 million USD in early 2016 from a range around 2,100–2,300 million USD in preceding years. Subsequent periods saw declines and some recovery around 1,500 to 1,600 million USD in 2018, indicating possible reclassification or disposal.
Noncurrent Assets: Noncurrent assets reached a high point in late 2014 with around 17,172 million USD, followed by a gradual decrease through 2017 to approximately 14,300 million USD. Some recovery occurred towards the end of the dataset, though values remained below earlier peaks, demonstrating a contraction or revaluation of long-term assets.
Total Assets: Total assets peaked in late 2015 at nearly 37,000 million USD, driven largely by sharp increases in current assets, particularly cash equivalents. A subsequent decline ensued through 2016 and 2017, stabilizing near 25,000 to 26,000 million USD by 2018. The pattern indicates a period of asset expansion followed by consolidation or divestment.

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Halliburton Co. (NYSE:HAL)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data