SCHEDULE 13G
Amendment No. 2
Halliburton Company
common stock
Cusip # 406216101
Filing Fee: No
Cusip # 406216101
Item 1: Reporting Person - FMR Corp. - (Tax ID: 04-2507163)
Item 4: Commonwealth of Massachusetts
Item 5: 1,252,809
Item 6: None
Item 7: 13,871,585
Item 8: None
Item 9: 13,871,585
Item 11: 12.18%
Item 12: HC
Cusip # 406216101
Item 1: Reporting Person - Edward C. Johnson 3d - (Tax ID: ###-##-####)
Item 4: United States of America
Item 5: None
Item 6: None
Item 7: 13,871,585
Item 8: None
Item 9: 13,871,585
Item 11: 12.18%
Item 12: IN
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
Item 1(a). Name of Issuer:
Halliburton Company
Item 1(b). Name of Issuer's Principal Executive Offices:
3600 Lincoln Plaza
Dallas, TX 75201
Item 2(a). Name of Person Filing:
FMR Corp.
Item 2(b). Address or Principal Business Office or, if None, Residence:
82 Devonshire Street, Boston, Massachusetts 02109
Item 2(c). Citizenship:
Not applicable
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
406216101
Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) and the
person filing, FMR Corp., is a parent holding company in accordance
with Section 240.13d-1(b)(ii)(G). (Note: See Item 7).
Item 4. Ownership
(a) Amount Beneficially Owned: 13,871,585
(b) Percent of Class: 12.18%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 1,252,809
(ii) shared power to vote or to direct the vote: None
(iii) sole power to dispose or to direct the disposition of:
13,871,585
(iv) shared power to dispose or to direct the disposition
of: None
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Various persons have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from
the sale of, the common stock of Halliburton Company. No
one person's interest in the common stock of Halliburton
Company is more than five percent of the total outstanding
common stock.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
See attached Exhibit(s) A, B, and C.
Item 8. Identification and Classification of Members of the Group.
Not applicable, see attached Exhibit A.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having such
purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
February 11, 1994
Date
/S/Arthur S. Loring
Signature
Arthur S. Loring, Vice President
Name/Title
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
Pursuant to the instructions in Item 7 of Schedule 13G, Fidelity
Management & Research Company ("Fidelity"), 82 Devonshire Street, Boston,
Massachusetts 02109, a wholly-owned subsidiary of FMR Corp. and an
investment adviser registered under Section 203 of the Investment Advisers
Act of 1940, is the beneficial owner of 12,082,376 shares or 10.61% of the
common stock outstanding of Halliburton Company ("the Company") as a result
of acting as investment adviser to several investment companies registered
under Section 8 of the Investment Company Act of 1940. The number of
shares of common stock of Halliburton Company owned by the investment
companies at December 31, 1993 included 47,768 shares of common stock
resulting from the assumed conversion of $7,000,000 principal amount of 0%
Convertible Stock (6.824 shares of common stock for each $1,000 principal
amount of debenture).
Edward C. Johnson 3d, FMR Corp., through its control of Fidelity, and
the Funds each has sole power to dispose of the 12,082,376 shares owned by
the Funds.
Neither FMR Corp. nor Edward C. Johnson 3d, Chairman of FMR Corp.,
has the sole power to vote or direct the voting of the Shares owned
directly by the Fidelity Funds, which power resides with the Funds' Boards
of Trustees. Fidelity carries out the voting of the Shares under written
guidelines established by the Funds' Boards of Trustees.
Fidelity Management Trust Company, 82 Devonshire Street, Boston,
Massachusetts 02109, a wholly-owned subsidiary of FMR Corp. and a bank as
defined in Section 3(a)(6) of the Securities Exchange Act of 1934, is the
beneficial owner of 1,661,809 shares or 1.46% of the common stock
outstanding of the company as a result of its serving as investment manager
of the institutional account(s).
FMR Corp., through its control of Fidelity Management Trust Company,
has sole dispositive power over 1,661,809 Shares and sole power to vote or
to direct the voting of 1,125,409 shares, and no power to vote or to direct
the voting of 536,400 Shares of common stock owned by the institutional
account(s) as reported above.
Edward C. Johnson 3d owns 34.0% of the outstanding voting common stock
of FMR Corp. Mr. Johnson 3d is Chairman of FMR Corp. Various Johnson
family members and trusts for the benefit of Johnson family members own FMR
Corp. voting common stock. These Johnson family members, through their
ownership of voting common stock, form a controlling group with respect to
FMR Corp.
Fidelity International Limited, Pembroke Hall, 42 Crowlane, Hamilton,
Bermuda, and various foreign-based subsidiaries provide investment advisory
and management services to a number of non-U.S. investment companies (the
"International Funds") and certain institutional investors. Fidelity
International Limited is the beneficial owner of 127,400 shares or 0.11% of
the common stock outstanding of the company. Additional information with
respect to the beneficial ownership of Fidelity International Limited is
shown on Exhibit B, page 9.
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
Pursuant to instructions in Item 7 of Schedule 13G, this Exhibit has
been prepared to identify Fidelity International Limited, Pembroke Hall,
42 Crow Lane, Hamilton, Bermuda, a Bermudian joint stock company
incorporated for an unlimited duration by private act of the Bermuda
Legislature (FIL) and an investment adviser to various investment companies
(the "International Funds") and certain institutional investors, as the
beneficial owner of 127,400 shares or 0.11% of the common stock outstanding
of Halliburton Company.
Prior to June 30, 1980, FIL was a majority-owned subsidiary of
Fidelity Management & Research Company (Fidelity), a wholly-owned
subsidiary of FMR Corp. On that date, the shares of FIL held by Fidelity
were distributed, as a dividend, to the shareholders of FMR Corp. FIL
currently operates as an entity independent of FMR Corp. and Fidelity. The
International Funds and FIL's other clients, with the exception of Fidelity
and an affiliated company of Fidelity, are non-U.S. entities.
A partnership controlled by Edward C. Johnson 3d and members of his
family owns shares of FIL voting stock with the right to cast approximately
48.879% of the total votes which may be cast by all holders of FIL voting
stock. Mr. Johnson 3d is Chairman of FMR Corp. and FIL. FMR Corp. and FIL
are separate and independent corporate entities. FMR Corp. and FIL are
managed independently and their Boards of Directors are generally composed
of different individuals. Their investment decisions are made
independently, and their clients are different organizations.
FMR Corp. and FIL are of the view that they are not acting as a
"group" for purposes of Section 13(d) under the Securities Exchange Act of
1934 (the "1934" Act) and that they are not otherwise required to attribute
to each other the "beneficial ownership" of securities "beneficially owned"
by the other corporation within the meaning of Rule 13d-3 promulgated under
the 1934 Act. Therefore, they are of the view that the shares held by the
other corporation need not be aggregated for purposes of Section 13(d).
However, FMR Corp. is making this filing on a voluntary basis as if all of
the shares are beneficially owned by FMR Corp. and FIL on a joint basis.
FIL may continue to have the International Funds or other accounts
purchase shares subject to a number of factors, including, among others,
the availability of shares for sale at what FIL considers to be reasonable
prices and other investment opportunities that may be available to the
International Funds.
FIL intends to review continuously the equity position of the
International Funds and other accounts in the Company. Depending upon its
future evaluations of the business and prospects of the Company and upon
other developments, including, but not limited to, general economic and
business conditions and money market and stock market conditions, FIL may
determine to cease making additional purchases of shares or to increase or
decrease the equity interest in the Company by acquiring additional shares,
or by disposing of all or a portion of the shares.
FIL does not have a present plan or proposal which relates to or would
result in (i) an extraordinary corporate transaction, such as a merger,
reorganization, liquidation, or sale or transfer of a material amount of
assets involving the Company or any of its subsidiaries, (ii) any change in
the Company's present Board of Directors or management, (iii) any material
changes in the Company's present capitalization or dividend policy or any
other material change in the Company's business or corporate structure,
(iv) any change in the Company's charter or by-laws, or (v) the Company's
common stock becoming eligible for termination of its registration pursuant
to Section 12(g)(4) of the 1934 Act.
FIL has the sole power to vote and the sole power to dispose of 127,400
shares.
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
RULE 13d-1(e) AGREEMENT
The undersigned persons, on February 11, 1994, agree and consent to
the joint filing on their behalf of this Schedule 13G in connection with
their beneficial ownership of the common stock of Halliburton Company at
December 31, 1993.
FMR Corp.
By /S/Arthur S. Loring
Arthur S. Loring
Vice President - Legal
Edward C. Johnson 3d
By /S/Arthur S. Loring
Arthur S. Loring
Under Power of Attorney
dated 5/17/89
On File with Schedule 13G
for
Airborne Freight Corp.
9/10/91
Fidelity Management & Research Company
By /S/Arthur S. Loring
Arthur S. Loring
Sr. V.P. and General
Counsel
