Halliburton 2011 Annual Report Download - page 121
Download and view the complete annual report
Please find page 121 of the 2011 Halliburton annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
 |
 |
106
Accumulated other comprehensive loss December 31
Millions of dollars 2011 2010 2009
Cumulative translation adjustment $ (66) $ (66) $ (65)
Defined benefit and other postretirement liability adjustments (a) (208) (175) (149)
Unrealized gains on investments 1 1 1
Total accumulated other comprehensive loss $ (273) $ (240) $ (213)
(a) Included net actuarial losses for our international pension plans of $184 million at December 31, 2011, $170 million at
December 31, 2010, and $149 million at December 31, 2009.
Shares of common stock December 31
Millions of shares 2011 2010 2009
Issued 1,073 1,069 1,067
In treasury (152) (159) (165)
Total shares of common stock outstanding 921 910 902
Our stock repurchase program has an authorization of $5.0 billion, of which $1.7 billion remained
available at December 31, 2011. The program does not require a specific number of shares to be purchased
and the program may be effected through solicited or unsolicited transactions in the market or in privately
negotiated transactions. The program may be terminated or suspended at any time. From the inception of
this program in February 2006 through December 31, 2011, we have repurchased approximately 96 million
shares of our common stock for approximately $3.3 billion at an average price per share of $34.22. There
were no stock repurchases under the program in 2011.
Preferred Stock
Our preferred stock consists of five million total authorized shares at December 31, 2011, of
which none are issued.
Stock Incentive Plans
The following table summarizes stock-based compensation costs for the years ended
December 31, 2011, 2010 and 2009.
Year Ended December 31
Millions of dollars
2011 2010 2009
Stock-based compensation cost $ 198 $ 158 $ 143
Tax benefit $ (61) $ (50) $ (46)
Stock-based compensation cost, net of tax $ 137 $ 108 $ 97