Microsoft Word 10.0.2627;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)

                                JANUARY 30, 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







                                Page 1 of 5 Pages
                       The Exhibit Index Appears on Page 4

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 January 30, 2002 registrant issued a press release entitled "Halliburton's A-/A2 Credit Ratings Reaffirmed by Standard & Poor's". The following summarizes that press release: Registrant reported that Standard & Poor's reaffirmed its long-term credit ratings at A- and its commercial paper rating at A2. At the end of 2001, registrant had approximately $2.8 billion in working capital and $290 million in cash. Additionally, registrant has $700 million in undrawn, committed credit lines. Over the past year, registrant has reduced its total indebtedness from 40% of total capitalization, to approximately 24%. 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 January 30, 2002. Page 2 of 5 Pages The Exhibit Index Appears on Page 4

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: January 31, 2002 By: /s/ Susan S. Keith ------------------------------------- Susan S. Keith Vice President and Secretary Page 3 of 5 Pages The Exhibit Index Appears on Page 4

EXHIBIT INDEX Exhibit Description 20 Press Release Dated January 30, 2002 Incorporated by Reference Page 4 of 5 Pages The Exhibit Index Appears on Page 4

FOR IMMEDIATE RELEASE               CONTACT:Cedric Burgher
January 30, 2002                            Vice President, Investor Relations
                                            713-676-4608

                                            Wendy Hall
                                            Director, Media Relations
                                            713-676-5227


       HALLIBURTON'S A-/A2 CREDIT RATINGS REAFFIRMED BY STANDARD & POOR'S

     Dallas, Texas - Halliburton Company (NYSE:HAL) reported today that Standard
&  Poor's  reaffirmed  the  company's  long-term  credit  ratings  at A- and its
commercial paper rating at A2.

     "Standard  &  Poor's  decision  to  maintain  our  ratings  at  these  high
investment  grade levels  reflects our leading  global  market  position and our
healthy  balance  sheet,"  said  Dave  Lesar,   chairman,   president  and  CEO,
Halliburton.  "With  considerable  liquidity  and  strong  cash  flow,  we  have
tremendous  flexibility  to  execute  our  business  plan and our  strategy  for
sustained,  long-term  growth and  profitability.  I believe that the Standard &
Poor's rating supports this assertion."

     At the end of 2001, the company had  approximately  $2.8 billion in working
capital and $290 million in cash.  The company's  cash  position  today is about
$600 million.  Additionally,  Halliburton has $700 million in undrawn, committed
credit lines. Over the past year, Halliburton has reduced its total indebtedness
from 40% of total capitalization, to approximately 24%.

     Halliburton,  founded in 1919, is one of the world's  largest  providers of
products and services to the petroleum and energy industries. The company serves
its  customers  with a broad range of products and  services  through its Energy
Services Group and Engineering and  Construction  Group business  segments.  The
company's World Wide Web site can be accessed at http://www.halliburton.com.

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