HALLIBURTON CO
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 6, 2026
HAL$31.86-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Property, Plant, and Equipment
Note 9. Property, Plant, and Equipment
Property, plant, and equipment were composed of the following:
| December 31, | ||
|---|---|---|
| Millions of Dollars | 2025 | 2024 |
| Land | $104 | $119 |
| Buildings and property improvements | 1,697 | 1,751 |
| Machinery, equipment, and other | 16,076 | 15,704 |
| Total property, plant, and equipment | 17,877 | 17,574 |
| Accumulated depreciation | (12,616) | (12,461) |
| Net property, plant, and equipment | $5,261 | $5,113 |
Classes of assets are depreciated over the following useful lives:
| Buildings and PropertyImprovements | ||
|---|---|---|
| 2025 | 2024 | |
| 1 - 10 years | 17% | 17% |
| 11 - 20 years | 40% | 40% |
| 21 - 30 years | 26% | 26% |
| 31 - 40 years | 17% | 17% |
| Machinery, Equipment,and Other | ||
|---|---|---|
| 2025 | 2024 | |
| 1 - 5 years | 45% | 46% |
| 6 - 10 years | 46% | 45% |
| 11 - 20 years | 9% | 9% |
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