Name: Halliburton Co. (NYSE:HAL) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

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.

Assets: Selected Items

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Current Assets: Selected Items

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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)

Total assets exhibited significant volatility over the analyzed period, characterized by a peak in late 2015 followed by a notable contraction through early 2017. After reaching a maximum of 36.9 billion US dollars in December 2015, total assets declined to a low of 24.9 billion US dollars by March 2017, eventually stabilizing around 26.0 billion US dollars by the end of 2018.

Current Asset Composition: Cash and equivalents showed a dramatic increase in the fourth quarter of 2015, peaking at 10.1 billion US dollars, before returning to a baseline range of approximately 2.0 to 2.3 billion US dollars by 2017. Net receivables experienced a long-term downward trend from 7.6 billion US dollars in late 2014 to a low of 3.9 billion US dollars in December 2016, followed by a moderate recovery to 5.2 billion US dollars by December 2018. Inventories generally decreased from 2014 levels, reaching a trough of 2.2 billion US dollars in late 2016 before trending upward again to 3.0 billion US dollars by the end of the period.
Noncurrent Asset Trends: Property, plant, and equipment (net) displayed a consistent downward trajectory from a high of 12.5 billion US dollars in December 2014 to 8.4 billion US dollars in mid-2017, suggesting significant depreciation or asset divestitures. Goodwill remained relatively stable, though a gradual increase was noted, ending at 2.8 billion US dollars in December 2018. Deferred income tax assets emerged in June 2016 and fluctuated between 1.1 and 2.2 billion US dollars through 2018.
Asset Reclassification: A temporary increase in current assets occurred during 2015 due to the recognition of assets held for sale, which remained steady at approximately 2.1 billion US dollars across three quarters before being removed from the balance sheet by the first quarter of 2016.

The overall asset structure transitioned from a period of expansion and high liquidity in 2014-2015 to a leaner operational base by 2017. The concurrent reduction in net property, plant, and equipment and receivables indicates a contraction in operational scale or a strategic shift toward higher asset efficiency.

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Halliburton Co. (NYSE:HAL)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data