SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (date of earliest event reported)
MARCH 14, 2002
Halliburton Company
(Exact name of registrant as specified in its charter)
State or other Commission IRS Employer
jurisdiction File Number Identification
of incorporation Number
Delaware 1-3492 No. 75-2677995
3600 Lincoln Plaza
500 North Akard Street
Dallas, Texas 75201-3391
(Address of principal executive offices)
Registrant's telephone number,
including area code - 214/978-2600
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INFORMATION TO BE INCLUDED IN REPORT
Item 5. Other Events
The registrant may, at its option, report under this item any events, with
respect to which information is not otherwise called for by this form, that the
registrant deems of importance to security holders.
On March 14, 2002 registrant issued a press release entitled "Halliburton
Responds to Court Order".
The following summarizes that press release:
Registrant announced that on March 13, 2002, the Delaware Supreme Court
issued an Order affirming without opinion the judgment of the Court of Chancery
in litigation between Highlands Insurance Company and registrant. The Chancery
Court had held that the fixed-cost primary insurance policies issued by
Highlands Insurance Company to Brown & Root, Inc. from 1958 until 1986
terminated on January 23, 1996 at the time of the spin-off of Highlands
Insurance Group, Inc. by registrant. There is more than $2 billion of excess
coverage above the Highlands primary coverage. Based on a legal opinion written
by outside counsel that registrant would prevail in the Highlands litigation,
registrant determined to carry approximately $80 million in claim receivables
against the Highlands insurance policies for settlement and defense costs and
pending asbestos litigation. These receivables will likely be written off in the
first quarter of 2002 and if so will result in an after tax reduction in income
of $0.11 per diluted share.
Please see the full text of the attached press release for further details.
Item 7. Financial Statements and Exhibits
List below the financial statements, pro forma financial information and
exhibits, if any, filed as part of this report.
(c) Exhibits.
Exhibit 20 - Press release dated March 14, 2002.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HALLIBURTON COMPANY
Date: March 14, 2002 By: /s/ Susan S. Keith
---------------------------------------
Susan S. Keith
Vice President and Secretary
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EXHIBIT INDEX
Exhibit Description
20 Press Release Dated March 14, 2002
Incorporated by Reference
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