Halliburton Company reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenue of USD 8,770 million compared to USD 7,639 million a year ago. Total operating income was USD 1,299 million compared to USD 1,144 million a year ago. Income from continuing operations before income taxes were USD 1,240 million compared to USD 1,040 million a year ago. Income from continuing operations was USD 904 million compared to USD 772 million a year ago. Net income was USD 905 million compared to USD 795 million a year ago. Net income attributable to company was USD 901 million compared to USD 793 million a year ago. Diluted income per share from continuing operations were USD 1.06 compared to USD 0.90 a year ago. Diluted net income per share was USD 1.06 compared to USD 0.93 a year ago.

For the year, the company reported total revenue of USD 20,253 million compared to USD 17,506 million a year ago. Total operating income was USD 5,097 million compared to USD 3,138 million a year ago. Income from continuing operations before income taxes were USD 4,712 million compared to USD 2,764 million a year ago. Income from continuing operations was USD 3,437 million compared to USD 2,116 million a year ago. Net income was USD 3,501 million compared to USD 2,135 million a year ago. Net income attributable to company was USD 3,500 million compared to USD 2,125 million a year ago. Diluted income per share from continuing operations were USD 4.03 compared to USD 2.33 a year ago. Diluted net income per share was USD 4.11 compared to USD 2.36 a year ago. Total cash flows from operating activities were USD 4,062 million compared to USD 4,447 million a year ago. Capital expenditures were USD 3,283 million compared to USD 2,934 million a year ago.

For the first quarter of 2015, the company expecting effective tax rate to be approximately 28% to 29%.

Currently, the company anticipates that its capital expenditures for 2015 will be essentially in line with 2014 and expect depreciation and amortization to be approximately USD 2.4 billion for the year.