For the year ending 2025-12-31, HAL had -$412M decrease in cash & cash equivalents over the period. $1,672M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | 1,292 | 2,516 | 2,662 | 1,595 |
| Depreciation, depletion and amortization | 1,136 | 1,079 | 998 | 940 |
| Impairments and other charges | 831 | - | - | - |
| Deferred income taxes and tax credits | 23 | 148 | 196 | - |
| Impairments and other charges | - | 116 | 0 | 366 |
| Deferred income tax provision (benefit), continuing operations | - | - | - | 70 |
| Cash impact of impairments and other charges - severance payments | - | - | - | 0 |
| Receivables | -188 | 312 | 257 | 1,151 |
| Inventories | -80 | -147 | 303 | 642 |
| Accounts payable | -72 | 62 | 49 | 852 |
| Other operating activities | 552 | -109 | -113 | -212 |
| Total cash flows provided by operating activities | 2,926 | 3,865 | 3,458 | 2,242 |
| Capital expenditures | 1,254 | 1,442 | 1,379 | 1,011 |
| Payments to acquire equity method investments | 363 | - | - | - |
| Payments to acquire marketable securities | 202 | 438 | 492 | - |
| Payments to acquire businesses, net of cash acquired | 185 | - | - | - |
| Proceeds from sale and maturity of marketable securities | 444 | 214 | 131 | - |
| Proceeds from sales of property, plant and equipment | 185 | 223 | 195 | 200 |
| Proceeds from sale of real estate held-for-investment-Structured Real Estate Transaction | - | - | 0 | 0 |
| Proceeds from sale of equity method investments | 120 | - | - | - |
| Other investing activities | 70 | 211 | 114 | 156 |
| Total cash flows used in investing activities | -1,325 | -1,654 | -1,659 | -967 |
| Payments for repurchase of common stock | 1,007 | 1,005 | 800 | 250 |
| Dividends to shareholders | 579 | 600 | 576 | 435 |
| Repayments of long-term debt | 389 | 100 | 305 | 1,242 |
| Proceeds from issuance of common stock | 98 | 105 | 136 | 229 |
| Other financing activities | -110 | -130 | -126 | -100 |
| Total cash flows used in financing activities | -1,987 | -1,730 | -1,671 | -1,798 |
| Effect of exchange rate on cash, cash equivalent, restricted cash, and restricted cash equivalent, including discontinued operation | -26 | -127 | -210 | -175 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents, period increase (decrease), including exchange rate effect, total | -412 | 354 | -82 | -698 |
| Cash and cash equivalents at beginning of period | 2,618 | 2,264 | 2,346 | 3,044 |
| Cash and cash equivalents at end of period | 2,206 | 2,618 | 2,264 | 2,346 |
HALLIBURTON CO (HAL)
HALLIBURTON CO (HAL)