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)
APRIL 17, 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 4. Changes in Registrant's Certifying Accountant.
On April 17, 2002, upon the recommendation of Halliburton's Audit
Committee, the Board of Directors approved the dismissal of Arthur Andersen LLP
(Arthur Andersen) as Halliburton's independent auditors and the appointment of
KPMG LLP to serve as the Company's independent auditors for the year ending
December 31, 2002. The change in auditors is effective immediately.
Arthur Andersen's reports on Halliburton's consolidated financial
statements for each of the years ended December 31, 2001 and 2000 did not
contain an adverse opinion or disclaimer of opinion, nor were such reports
qualified or modified as to uncertainty, audit scope or accounting principles.
During the years ended December 31, 2001 and 2000 and through the date
hereof, there were no disagreements with Arthur Andersen on any matter of
accounting principle or practice, financial statement disclosure, or auditing
scope or procedure which, if not resolved to Arthur Andersen's satisfaction,
would have caused them to make reference to the subject matter in connection
with their report on Halliburton's consolidated financial statements for such
years; and there were no reportable events as defined in Item 304(a)(1)(v) of
Regulation S-K.
Halliburton provided Arthur Andersen with a copy of the foregoing
disclosures. Attached as Exhibit 16 is a copy of Arthur Andersen's letter, dated
April 17, 2002, stating its agreement with such statements.
During the years ended December 31, 2001 and 2000 and through April 17,
2002, Halliburton did not consult KPMG LLP with respect to the application of
accounting principles to a specified transaction, either completed or proposed,
or the type of audit opinion that might be rendered on Halliburton's
consolidated financial statements, or any other matters or reportable events as
set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits. The following exhibits are filed with this report:
Exhibit 16--Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated April 17, 2002.
Exhibit 99--Press Release dated April 17, 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: April 18, 2002 By: /s/ Susan S. Keith
------------------------------------------
Susan S. Keith
Vice President and Secretary
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EXHIBIT INDEX
Exhibit Description
16 Letter from Arthur Andersen LLP to the Securities and Exchange
Commission dated April 17, 2002.
99 Press Release Dated April 17, 2002
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Exhibit 16
Office of Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
April 17, 2002
Dear Sir or Madam:
We have read Item 4 included in the Form 8-K dated April 17, 2002, of
Halliburton Company filed with the SEC and are in agreement with the statements
contained therein.
Very truly yours,
ARTHUR ANDERSEN LLP
By
Steve G. Scott
PLR
cc:
Mr. Doug Foshee, Chief Financial Officer
Halliburton Company
Exhibit 99
FOR IMMEDIATE RELEASE CONTACT: Wendy Hall
April 17, 2002 Halliburton, Public Relations
(713) 676-5227
wendy.hall@halliburton.com
Cedric Burgher
Halliburton, Investor Relations
(713) 676-4608
cedric.burgher@halliburton.com
HALLIBURTON NAMES KPMG LLP AS INDEPENDENT AUDITOR
DALLAS, Texas - Halliburton (NYSE: HAL) announced today that, effective
immediately, its Board of Directors has appointed KPMG LLP as the company's
independent auditors for 2002, replacing Arthur Andersen LLP. The change was
based on the unanimous recommendation of the Audit Committee.
"For more than 50 years Andersen has provided Halliburton with outstanding
audit services and adhered to a high standard of professionalism," said Dave
Lesar, chairman, president and chief executive officer. "However, after a
thorough evaluation process that reviewed several audit firms, the Board
concluded that KPMG would bring the best combination of talent and experience to
the auditing effort. We look forward to working with KPMG in the firm's new role
as our independent auditors."
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 www.halliburton.com.
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