HALLIBURTON CO (HAL) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Completion & Production	11,582.0	8,410.0	7,839.0	14,031.0	15,973.0	13,077.0	8,882.0	13,682.0
Drilling and Evaluation	8,715.0	6,885.0	6,606.0	8,377.0	8,022.0	7,543.0	7,005.0	9,951.0
Total revenues [+]	20,297.0	15,295.0	14,445.0	22,408.0	23,995.0	20,620.0	15,887.0	23,633.0
Products								6,652.0
Services								16,981.0
Revenue growth [+]	32.7%	5.9%	-35.5%	-6.6%	16.4%	29.8%	-32.8%	-28.1%
Completion & Production	37.7%	7.3%	-44.1%	-12.2%	22.1%	47.2%	-35.1%	-32.4%
Drilling and Evaluation	26.6%	4.2%	-21.1%	4.4%	6.4%	7.7%	-29.6%	-21.1%
Cost of goods sold [+]	16,984.0	13,279.0	12,900.0	20,123.0	21,009.0	18,343.0	15,017.0	21,113.0
Cost of product sales								5,099.0
Cost of services								16,014.0
Gross profit	3,313.0	2,016.0	1,545.0	2,285.0	2,986.0	2,277.0	870.0	2,520.0
Gross margin	16.3%	13.2%	10.7%	10.2%	12.4%	11.0%	5.5%	10.7%
Selling, general and administrative [+]	240.0	204.0	182.0	227.0	254.0	256.0	226.0	200.0
General and administrative	240.0	204.0	182.0	227.0	254.0	256.0	226.0	200.0
Equity in earnings
EBITDA [+]	4,013.0	2,716.0	2,421.0	3,683.0	4,338.0	3,577.0	2,147.0	4,155.0
EBITDA growth	47.8%	12.2%	-34.3%	-15.1%	21.3%	66.6%	-48.3%	-43.6%
EBITDA margin	19.8%	17.8%	16.8%	16.4%	18.1%	17.3%	13.5%	17.6%
Depreciation and amortization	940.0	904.0	1,058.0	1,625.0	1,606.0	1,556.0	1,503.0	1,835.0
EBIT [+]	3,073.0	1,812.0	1,363.0	2,058.0	2,732.0	2,021.0	644.0	2,320.0
EBIT growth	69.6%	32.9%	-33.8%	-24.7%	35.2%	213.8%	-72.2%	-55.8%
EBIT margin	15.1%	11.8%	9.4%	9.2%	11.4%	9.8%	4.1%	9.8%
Non-recurring items [+]	366.0	12.0	3,799.0	2,506.0	265.0	647.0	7,414.0	2,485.0
Asset impairment	366.0	12.0	3,799.0	2,506.0	265.0	647.0	3,357.0	2,177.0
Interest expense, net [+]	-117.0	-60.0	-38.0	-23.0	510.0	481.0	580.0	431.0
Interest expense					554.0	593.0	639.0	447.0
Interest income	117.0	60.0	38.0	23.0	44.0	112.0	59.0	16.0
Other income (expense), net [+]	-714.0	-608.0	-822.0	-697.0	-143.0	-211.0	-275.0	-340.0
Other	-180.0	-79.0	-111.0	-105.0	-99.0	-99.0	-216.0	-324.0
Pre-tax income	2,110.0	1,252.0	-3,220.0	-1,122.0	1,814.0	682.0	-7,625.0	-936.0
Income taxes	515.0	-216.0	-278.0	7.0	157.0	1,131.0	-1,858.0	-274.0
Tax rate	24.4%		8.6%		8.7%	165.8%	24.4%	29.3%
Minority interest	23.0	11.0	3.0	2.0	1.0	-5.0	-6.0	4.0
Earnings from continuing ops	1,572.0	1,457.0	-2,945.0	-1,131.0	1,656.0	-444.0	-5,761.0	-666.0
Earnings from discontinued ops						-19.0	-2.0	-5.0
Net income	1,572.0	1,457.0	-2,945.0	-1,131.0	1,656.0	-463.0	-5,763.0	-671.0
Net margin	7.7%	9.5%	-20.4%	-5.0%	6.9%	-2.2%	-36.3%	-2.8%

Basic EPS [+]	$1.74	$1.63	($3.34)	($1.29)	$1.89	($0.51)	($6.69)	($0.78)
Growth	6.5%	-148.9%	158.6%	-168.3%	-470.8%	-92.4%	757.0%	-119.3%
Diluted EPS [+]	$1.73	$1.63	($3.34)	($1.29)	$1.89	($0.51)	($6.69)	($0.78)
Growth	6.0%	-148.9%	158.6%	-168.5%	-470.0%	-92.4%	757.0%	-119.4%

Dividends per share [+]	$0.48	$0.18	$0.32	$0.72	$0.72	$0.72	$0.72	$0.72
Growth	166.7%	-42.9%	-56.3%	0.0%	0.0%	0.0%	0.0%	14.3%

Shares outstanding (basic) [+]	904.0	892.0	881.0	875.0	875.0	870.0	861.0	853.0
Growth	1.3%	1.2%	0.7%	0.0%	0.6%	1.0%	0.9%	0.6%
Shares outstanding (diluted) [+]	908.0	892.0	881.0	875.0	877.0	870.0	861.0	853.0
Growth	1.8%	1.2%	0.7%	-0.2%	0.8%	1.0%	0.9%	0.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.