Attached files
| file | filename |
|---|---|
| EX-95 - MINE SAFETY DISCLOSURES - HALLIBURTON CO | hal_12312015-ex95.htm |
| EX-32.2 - 906 CERTIFICATION FOR CFO - HALLIBURTON CO | hal_12312015-ex322.htm |
| EX-31.2 - 302 CERTIFICATION FOR CFO - HALLIBURTON CO | hal_12312015-ex312.htm |
| EX-23.1 - CONSENT OF KPMG LLP - HALLIBURTON CO | hal_12312015-ex231.htm |
| EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - HALLIBURTON CO | hal_12312015-ex211.htm |
| EX-32.1 - 906 CERTIFICATION FOR CEO - HALLIBURTON CO | hal_12312015-ex321.htm |
| EX-99.3 - NOTICE OF EXTENSION (DECEMBER 2015) - HALLIBURTON CO | hal_12312015-ex993.htm |
| EX-31.1 - 302 CERTIFICATION FOR CEO - HALLIBURTON CO | hal_12312015-ex311.htm |
| EX-24.1 - POWERS OF ATTORNEY - HALLIBURTON CO | hal_12312015-ex241.htm |
| 10-K - DECEMBER 31, 2015 FORM 10-K - HALLIBURTON CO | hal_12312015-10k.htm |
Exhibit 12.1
HALLIBURTON COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
(Millions of dollars, except ratios)
Year Ended December 31 | |||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||
Earnings available for fixed charges: | |||||||||||||||
Income (loss) from continuing operations before income taxes | $ | (936 | ) | $ | 4,712 | $ | 2,764 | $ | 3,822 | $ | 4,449 | ||||
Add: | |||||||||||||||
Distributed earnings from equity in unconsolidated affiliates | 11 | 16 | 19 | 4 | 13 | ||||||||||
Fixed charges | 622 | 554 | 511 | 445 | 384 | ||||||||||
Subtotal | (303 | ) | 5,282 | 3,294 | 4,271 | 4,846 | |||||||||
Less: | |||||||||||||||
Equity in earnings of unconsolidated affiliates | 28 | 15 | 9 | 14 | 20 | ||||||||||
Total earnings (loss) available for fixed charges | $ | (331 | ) | $ | 5,267 | $ | 3,285 | $ | 4,257 | $ | 4,826 | ||||
Fixed charges: | |||||||||||||||
Interest expense | $ | 463 | $ | 396 | $ | 339 | $ | 305 | $ | 268 | |||||
Rental expense representative of interest | 159 | 158 | 172 | 140 | 116 | ||||||||||
Total fixed charges | $ | 622 | $ | 554 | $ | 511 | $ | 445 | $ | 384 | |||||
Ratio of earnings to fixed charges | (a) | 9.5 | 6.4 | 9.6 | 12.6 | ||||||||||
(a) Total earnings (loss) available for fixed charges for the year ended December 31, 2015 was inadequate to cover fixed charges by $953 million.