HALLIBURTON COHAL

HALLIBURTON CO Commitments Disclosure

10-KFiled Feb 6, 20261 min read
Commitments and ContingenciesThe Company is subject to various legal or governmental proceedings, claims or investigations, including personal
injury, property damage, environmental, intellectual property, commercial, tax, and other matters arising in the ordinary course
of business, the resolution of which, in the opinion of management, will not have a material adverse effect on our consolidated
results of operations or consolidated financial position. There is inherent risk in any legal or governmental proceeding, claim or
investigation, and no assurance can be given as to the outcome of these proceedings.
Guarantee arrangements
In the normal course of business, we have in place agreements with financial institutions under which approximately
$3.1 billion of letters of credit, bank guarantees, or surety bonds were outstanding as of December 31, 2025. Some of the
outstanding letters of credit have triggering events that would entitle a bank to require cash collateralization. None of these off-
balance sheet arrangements either has, or is likely to have, a material effect on our consolidated financial statements.

Historical Timeline

Fiscal YearFiled
2025Feb 6, 2026Showing above
2024Feb 12, 2025
2023Feb 6, 2024
2022Feb 7, 2023
2021Feb 4, 2022
2020Feb 5, 2021
2019Feb 11, 2020
2018Feb 13, 2019
2017Feb 9, 2018
2016Feb 7, 2017
2015Feb 5, 2016

About Commitments Disclosures

Commitments and contingencies disclosures catalog a company's off-balance-sheet obligations and legal exposures — purchase commitments, guarantee arrangements, pending litigation, and regulatory proceedings. These items represent potential future cash outflows that may not appear as liabilities on the balance sheet until they become probable and estimable.

Key signals: litigation reserves and disclosed loss ranges quantify management's estimate of legal exposure, but unquantified "reasonably possible" losses often represent the larger risk. Watch for changes in language around pending cases — shifts from "remote" to "reasonably possible" or increases in estimated loss ranges signal deteriorating outcomes. Unconditional purchase obligations and take-or-pay contracts create fixed cost structures that reduce operational flexibility. Guarantee arrangements for subsidiaries or joint ventures can create cascading obligations. Compare the total commitment schedule against projected free cash flow to assess whether the company can meet its obligations without additional financing.

Other Available Disclosures

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