Helmerich & payne, inc. (HP)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Sep'08
Assets [Abstract]
Current Assets:
Cash and Cash Equivalents, at Carrying Value

336

355

347

334

243

228

284

306

334

383

521

572

741

825

905

907

898

848

729

770

719

251

360

549

584

581

447

480

172

241

96

148

324

347

364

288

240

173

63

77

125

153

96

141

121

Short-term investments

45

57

52

45

26

41

41

44

45

42

44

39

48

45

44

49

45

47

45

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

12

12

-

Accounts receivable, net of allowance of $3,108 and $9,927, respectively

531

500

495

508

552

545

565

565

545

535

477

440

345

326

375

351

330

373

445

490

623

734

705

705

624

630

621

622

603

580

620

604

511

495

460

444

433

412

457

335

288

270

233

319

462

Inventories of materials and supplies, net

112

148

149

150

161

159

158

152

143

139

137

138

131

126

124

128

129

127

128

128

124

110

106

106

99

97

88

86

82

78

78

70

61

58

54

48

45

43

43

43

45

46

39

45

33

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

9

14

15

16

12

13

17

16

18

18

23

17

20

21

15

19

19

14

10

14

17

18

20

6

8

21

Prepaid expenses and other

94

92

68

77

63

67

66

65

62

65

55

58

70

75

78

79

56

71

64

95

79

90

80

69

59

61

79

68

50

48

74

90

72

77

49

74

61

62

64

66

71

77

52

64

51

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

26

45

45

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

Current assets - discontinued operations

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

8

8

7

7

7

7

6

6

3

3

4

4

7

7

7

7

7

7

7

8

8

10

9

-

-

80

-

-

Total current assets

1,120

1,154

1,115

1,116

1,048

1,042

1,115

1,133

1,130

1,166

1,235

1,250

1,363

1,445

1,572

1,537

1,460

1,476

1,439

1,501

1,568

1,209

1,277

1,450

1,388

1,391

1,257

1,280

931

979

895

942

999

1,003

956

882

803

710

652

549

550

580

522

592

690

Investments

20

35

31

48

60

54

98

92

73

83

84

76

88

105

84

99

83

85

104

159

164

165

236

279

284

312

316

287

501

441

451

382

444

399

347

453

480

397

320

274

355

366

356

267

199

Contract drilling equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,881

-

-

-

7,985

-

-

-

7,191

-

-

-

6,493

-

-

-

5,743

-

-

-

4,834

-

-

-

4,285

-

-

-

3,901

-

3,263

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

-

-

-

95

-

-

-

288

-

-

-

153

-

-

-

215

-

-

-

232

-

-

-

154

-

-

-

232

-

279

Real estate properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

-

-

-

65

-

-

-

64

-

-

-

63

-

-

-

62

-

-

-

61

-

-

-

61

-

-

-

61

-

60

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

444

-

-

-

457

-

-

-

354

-

-

-

310

-

-

-

284

-

-

-

211

-

-

-

182

-

-

-

169

-

150

Property, Plant and Equipment, gross

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,487

-

-

-

8,604

-

-

-

7,899

-

-

-

7,020

-

-

-

6,306

-

-

-

5,341

-

-

-

4,683

-

-

-

4,364

-

3,754

Less-Accumulated depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,342

-

-

-

3,040

-

-

-

2,711

-

-

-

2,344

-

-

-

1,954

-

-

-

1,663

-

-

-

1,408

-

-

-

1,169

-

1,072

Property, plant and equipment, net

3,840

4,412

4,502

4,583

4,886

4,900

4,857

4,883

4,898

4,950

5,001

5,062

5,061

5,102

5,144

5,306

5,446

5,530

5,563

5,630

5,572

5,400

5,188

4,943

4,801

4,693

4,676

4,613

4,560

4,491

4,351

4,170

3,975

3,832

3,677

3,553

3,420

3,336

3,275

3,235

3,285

3,273

3,194

3,209

2,682

Other Noncurrent Assets:
Goodwill

45

82

82

67

67

67

64

69

69

69

51

51

-

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

84

86

86

69

70

71

73

75

77

78

50

51

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use asset

48

52

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

17

18

20

12

10

6

5

11

12

13

17

20

24

24

24

32

35

37

40

43

38

25

18

19

13

13

13

16

18

22

23

22

22

22

22

21

20

20

16

13

14

14

15

10

15

Total noncurrent assets

196

239

190

149

149

146

143

5,132

5,130

5,195

119

5,263

-

-

29

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

87

-

-

Noncurrent assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

71

-

-

Assets

5,176

5,841

5,839

5,897

6,144

6,144

6,214

6,265

6,261

6,362

6,439

6,513

6,538

6,677

6,832

6,976

7,025

7,130

7,147

7,335

7,344

6,801

6,720

6,693

6,488

6,410

6,263

6,197

6,012

5,934

5,721

5,518

5,441

5,257

5,003

4,911

4,725

4,465

4,265

4,073

4,205

4,235

4,161

4,079

3,588

Liabilities and Shareholders’ Equity
Current Liabilities:
Short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105

105

105

-

Notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

Long-term debt due within one year

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

39

39

39

39

39

40

39

115

115

115

114

40

40

40

40

115

115

115

115

-

-

-

-

-

-

-

-

25

25

Accounts payable

144

122

123

134

130

141

132

143

123

126

135

137

127

111

95

92

91

96

108

128

172

168

182

139

135

130

144

134

94

107

159

88

98

122

103

74

71

58

80

54

55

58

68

110

153

Accrued liabilities

232

296

287

256

242

244

244

237

217

228

208

196

174

174

234

194

240

269

197

175

176

234

282

244

184

229

189

254

166

274

176

204

167

186

192

182

138

147

144

149

126

156

111

118

128

Current liabilities - discontinued operations

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

3

3

3

3

3

3

3

3

3

3

3

3

5

5

5

5

5

4

5

5

5

7

7

-

-

16

-

-

Total current liabilities

377

419

410

390

373

385

377

381

340

355

344

333

301

286

330

326

371

408

348

346

391

447

507

502

438

478

451

432

304

427

381

413

385

428

416

261

215

211

232

210

182

320

301

358

308

Noncurrent Liabilities:
Long-term debt, net

479

479

479

491

491

490

493

493

493

493

492

492

492

492

491

493

492

492

492

532

532

40

39

80

80

80

79

195

195

195

195

235

235

235

235

350

350

350

360

390

440

380

420

430

475

Deferred income taxes

700

798

806

827

861

853

853

833

816

830

1,332

1,325

1,308

1,332

1,342

1,358

1,278

1,295

1,295

1,325

1,320

1,317

1,215

1,230

1,220

1,222

1,222

1,193

1,252

1,226

1,209

1,133

1,113

1,048

975

984

928

838

771

692

710

701

672

647

479

Other

142

153

115

78

84

84

93

99

93

87

101

108

83

86

102

93

95

97

110

105

93

71

64

57

57

60

65

80

85

92

98

99

102

97

104

91

102

99

91

73

77

78

73

49

58

Noncurrent liabilities - discontinued operations

15

15

15

14

14

3

-

14

14

4

-

3

4

4

3

3

4

5

4

4

4

4

3

3

3

0

0

0

0

2

2

2

2

2

2

2

2

2

2

1

-

-

10

-

-

Total noncurrent liabilities

1,338

1,446

1,417

1,411

1,452

1,432

1,454

1,441

1,418

1,415

1,931

1,930

1,889

1,915

1,940

1,948

1,871

1,891

1,903

1,967

1,950

1,432

1,322

1,371

1,361

1,363

1,367

1,469

1,533

1,516

1,504

1,470

1,453

1,383

1,317

1,428

1,382

1,290

1,225

1,157

1,227

1,159

1,176

1,127

1,013

Shareholders' Equity:
Common stock, $.10 par value, 160,000,000 shares authorized,112,151,563 and 112,080,262 shares issued as of March 31, 2020 and September 30, 2019, respectively, and 107,418,296 and 108,437,904 shares outstanding as of March 31, 2020 and September 30, 2019, respectively

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

10

Preferred stock, no par value, 1,000,000 shares authorized, no shares issued

0

0

0

0

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

509

499

510

501

493

484

500

494

487

479

487

478

470

463

448

442

436

427

420

409

402

395

383

376

359

322

288

273

265

254

236

231

225

218

210

205

200

193

191

188

185

182

176

174

169

Retained earnings

3,168

3,666

3,714

3,750

3,979

3,997

4,027

4,103

4,189

4,278

3,855

3,954

4,052

4,178

4,289

4,438

4,536

4,589

4,648

4,745

4,729

4,654

4,525

4,431

4,314

4,208

4,102

3,996

3,783

3,648

3,505

3,355

3,213

3,090

2,954

2,840

2,738

2,645

2,547

2,471

2,514

2,472

2,414

2,368

2,082

Accumulated other comprehensive loss

-27

-28

-28

-16

-12

-12

16

8

-5

2

2

-4

2

12

-0

-3

-13

-12

-1

36

40

41

83

112

113

129

132

105

205

167

166

121

158

131

98

168

184

132

84

62

112

119

112

72

38

Total shareholders' equity before treasury stock

-

-

-

-

-

-

-

4,618

4,682

4,771

-

4,440

4,537

-

4,749

-

-

-

5,078

-

-

-

5,003

-

-

-

4,534

-

-

-

3,919

-

-

-

3,274

-

-

-

2,834

-

-

-

2,714

-

2,301

Treasury stock, at cost, 4,733,267 shares and 3,642,358 shares as of March 31, 2020 and September 30, 2019, respectively

201

173

194

152

153

154

173

175

179

181

191

190

190

189

188

188

187

185

182

181

180

180

112

112

110

103

91

91

91

91

84

84

6

6

4

4

5

18

27

27

27

28

31

31

35

Stockholders' Equity Attributable to Parent

3,461

3,975

4,012

4,095

4,318

4,326

4,382

4,442

4,503

4,590

4,164

4,249

4,347

4,475

4,560

4,701

4,782

4,830

4,895

5,021

5,002

4,921

4,890

4,819

4,688

4,568

4,443

4,295

4,174

3,990

3,834

3,634

3,602

3,445

3,270

3,220

3,126

2,963

2,807

2,705

2,794

2,755

2,683

2,593

2,265

Total liabilities and shareholders' equity

5,176

5,841

5,839

5,897

6,144

6,144

6,214

6,265

6,261

6,362

6,439

6,513

6,538

6,677

6,832

6,976

7,025

7,130

7,147

7,335

7,344

6,801

6,720

6,693

6,488

6,410

6,263

6,197

6,012

5,934

5,721

5,518

5,441

5,257

5,003

4,911

4,725

4,465

4,265

4,073

4,205

4,235

4,161

4,079

3,588