SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G
(Rule 13d-102)
 
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
 
 
 
 
Halliburton Company
(Name of Issuer)
 
 
Common Stock
(Title of Class of Securities)
 
 
406216101
(CUSIP Number)
 
January 20, 2005
(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
o Rule 13d-1(b)
x Rule 13d-1(c)
o Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
     
CUSIP No. 406216101 13G Page 2 of 4


1.
NAME OF REPORTING PERSON: DII Industries, LLC Asbestos PI Trust
 
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-2111454
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o 
   
(b) o 
3.
SEC USE ONLY
   
4.
CITIZENSHIP OR PLACE OF ORGANIZATION: Pennsylvania
   
 
5.
SOLE VOTING POWER
NUMBER OF
  
59,500,000
SHARES
6.
SHARED VOTING POWER
BENEFICIALLY
    
OWNED BY EACH
7.
SOLE DISPOSITIVE POWER
REPORTING
  
59,500,000
PERSON WITH
8.
SHARED DISPOSITIVE POWER
     
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
 
PERSON: 59,500,000
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
  
 
EXCLUDES CERTAIN SHARES

o 

11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
11.8%
12.
TYPE OF REPORTING PERSON*
 
OO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
     
CUSIP No. 406216101 13G Page 3 of 4


Item 1.
(a)
Name of Issuer: Halliburton Company
 
(b)
Address of Issuer’s Principal Executive Offices: 5 Houston Center, 1401 McKinney, Suite 2400, Houston, TX 77010
     
Item 2.
(a)
Name of Person Filing: DII Industries, LLC Asbestos PI Trust
 
(b)
Address of Principal Business Office or, if None, Residence: 2716 Lee St., Suite 500, Greenville, TX 75401
 
(c)
Citizenship: Trust governed by the laws of the State of Pennsylvania
 
(d)
Title of Class of Securities: Common Stock
 
(e)
CUSIP Number: 406216101
     
Item 3.
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b), or (c), Check Whether the Person Filing is a:
 
NOT APPLICABLE
     
Item 4.
Ownership.
 
(a)
Amount beneficially owned: 59,500,000
 
(b)
Percent of class: 11.8%
 
(c)
Number of shares as to which such person has:
   
(i)
Sole power to vote or to direct to the vote: 59,500,000
   
(ii)
Shared power to vote or to direct the vote:
   
(iii)
Sole power to dispose or to direct the disposition of: 59,500,000
   
(iv)
 
Shared power to dispose or to direct the disposition of:
 
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.
 
NOT APPLICABLE
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
NOT APPLICABLE
Item 8.
Identification and Classification of Members of the Group.
 
NOT APPLICABLE
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 not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 
     
CUSIP No. 406216101  13G Page 4 of 4

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.
 
 
January 28, 2005
 
Date
 
DII Industries, LLC Asbestos PI Trust
 
By:                                                                                              /s/ Alan Kahn
 
Signature
   
 
 
Alan Kahn, Managing Trustee
 
Name/Title