◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

BAKER HUGHES CO CIK: 1701605 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0001701605-19-000038
Period End Date 20190331
Filing Date 20190430
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance bhge-2019033110xq_htm.xml
Balance Sheet 65 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.63B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.07B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.03B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.72B USD Point-in-time
Current receivables, net ReceivablesNetCurrent $6.32B USD Point-in-time
Current receivables, net ReceivablesNetCurrent $5.97B USD Point-in-time
Inventories, net InventoryNet $4.87B USD Point-in-time
Inventories, net InventoryNet $4.62B USD Point-in-time
All other current assets OtherAssetsCurrent $649.00M USD Point-in-time
All other current assets OtherAssetsCurrent $659.00M USD Point-in-time
Total current assets AssetsCurrent $14.91B USD Point-in-time
Total current assets AssetsCurrent $14.97B USD Point-in-time
Property, plant and equipment (net of accumulated depreciation of $3,854 and $3,625) PropertyPlantAndEquipmentNet $6.23B USD Point-in-time
Property, plant and equipment (net of accumulated depreciation of $3,854 and $3,625) PropertyPlantAndEquipmentNet $6.22B USD Point-in-time
Goodwill Goodwill $20.72B USD Point-in-time
Goodwill Goodwill $20.76B USD Point-in-time
Goodwill Goodwill $19.93B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.85B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $5.72B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $5.66B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.62B USD Point-in-time
Contract and other deferred assets UnbilledContractsReceivable $1.89B USD Point-in-time
Contract and other deferred assets UnbilledContractsReceivable $1.81B USD Point-in-time
Common stock par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
All other assets OtherAssetsNoncurrent $2.77B USD Point-in-time
All other assets OtherAssetsNoncurrent $1.84B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $1.07B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $997.00M USD Point-in-time
Total assets Assets $53.13B USD Point-in-time
Total assets Assets $52.44B USD Point-in-time
Accounts payable AccountsPayableCurrent $3.92B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.03B USD Point-in-time
Short-term debt and current portion of long-term debt DebtCurrent $942.00M USD Point-in-time
Short-term debt and current portion of long-term debt DebtCurrent $906.00M USD Point-in-time
Progress collections and deferred income ContractWithCustomerLiabilityCurrent $1.76B USD Point-in-time
Progress collections and deferred income ContractWithCustomerLiabilityCurrent $1.92B USD Point-in-time
Progress collections and deferred income ContractWithCustomerLiabilityCurrent $1.77B USD Point-in-time
All other current liabilities OtherLiabilitiesCurrent $2.29B USD Point-in-time
All other current liabilities OtherLiabilitiesCurrent $2.31B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.02B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.05B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $6.29B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $6.27B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $89.00M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $143.00M USD Point-in-time
Liabilities for pensions and other postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $1.03B USD Point-in-time
Liabilities for pensions and other postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $1.02B USD Point-in-time
All other liabilities OtherLiabilitiesNoncurrent $960.00M USD Point-in-time
All other liabilities OtherLiabilitiesNoncurrent $1.60B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $18.65B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $18.66B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit - USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $25.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.22B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.13B USD Point-in-time
Baker Hughes, a GE company equity StockholdersEquity $17.46B USD Point-in-time
Baker Hughes, a GE company equity StockholdersEquity $17.51B USD Point-in-time
Noncontrolling interests MinorityInterest $17.57B USD Point-in-time
Noncontrolling interests MinorityInterest $17.55B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.09B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.01B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.09B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.41B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $53.13B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $52.44B USD Point-in-time
Income Statement 28 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $5.40B USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $5.62B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $704.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $674.00M USD 1 Quarter
Restructuring, impairment and other RestructuringSettlementAndImpairmentProvisions $162.00M USD 1 Quarter
Restructuring, impairment and other RestructuringSettlementAndImpairmentProvisions $62.00M USD 1 Quarter
Separation and merger related costs BusinessCombinationAcquisitionRelatedCosts $34.00M USD 1 Quarter
Separation and merger related costs BusinessCombinationAcquisitionRelatedCosts $46.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $5.44B USD 1 Quarter
Total costs and expenses CostsAndExpenses $5.44B USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $-41.00M USD 1 Quarter
Operating income (loss) OperatingIncomeLoss $176.00M USD 1 Quarter
Other non operating income, net OtherNonoperatingIncomeExpense $2.00M USD 1 Quarter
Other non operating income, net OtherNonoperatingIncomeExpense $21.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-46.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-59.00M USD 1 Quarter
Income (loss) before income taxes and equity in loss of affiliate IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-85.00M USD 1 Quarter
Income (loss) before income taxes and equity in loss of affiliate IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $138.00M USD 1 Quarter
Equity in loss of affiliate IncomeLossFromEquityMethodInvestments $-20.00M USD 1 Quarter
Equity in loss of affiliate IncomeLossFromEquityMethodInvestments - USD 1 Quarter
Benefit (provision) for income taxes IncomeTaxExpenseBenefit $-86.00M USD 1 Quarter
Benefit (provision) for income taxes IncomeTaxExpenseBenefit $67.00M USD 1 Quarter
Net income (loss) ProfitLoss $71.00M USD 1 Quarter
Net income (loss) ProfitLoss $-19.00M USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $39.00M USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-89.00M USD 1 Quarter
Net income attributable to Baker Hughes, a GE company NetIncomeLoss $70.00M USD 1 Quarter
Net income attributable to Baker Hughes, a GE company NetIncomeLoss $32.00M USD 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $71.00M USD 1 Quarter
Net income (loss) ProfitLoss $-19.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $350.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $388.00M USD 1 Quarter
Provision for deferred income taxes DeferredIncomeTaxesAndTaxCredits $-233.00M USD 1 Quarter
Provision for deferred income taxes DeferredIncomeTaxesAndTaxCredits $-18.00M USD 1 Quarter
Current receivables IncreaseDecreaseInAccountsReceivable $204.00M USD 1 Quarter
Current receivables IncreaseDecreaseInAccountsReceivable $-125.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $134.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $220.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $101.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $-93.00M USD 1 Quarter
Progress collections and deferred income IncreaseDecreaseInContractWithCustomerLiability $62.00M USD 1 Quarter
Progress collections and deferred income IncreaseDecreaseInContractWithCustomerLiability $-124.00M USD 1 Quarter
Contract and other deferred assets IncreaseDecreaseInDeferredCharges $-61.00M USD 1 Quarter
Contract and other deferred assets IncreaseDecreaseInDeferredCharges $-140.00M USD 1 Quarter
Other operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $193.00M USD 1 Quarter
Other operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $-50.00M USD 1 Quarter
Net cash flows from (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-184.00M USD 1 Quarter
Net cash flows from (used in) operating activities NetCashProvidedByUsedInOperatingActivities $294.00M USD 1 Quarter
Expenditures for capital assets PaymentsToAcquireProductiveAssets $177.00M USD 1 Quarter
Expenditures for capital assets PaymentsToAcquireProductiveAssets $294.00M USD 1 Quarter
Proceeds from disposal of assets ProceedsFromSaleOfProductiveAssets $108.00M USD 1 Quarter
Proceeds from disposal of assets ProceedsFromSaleOfProductiveAssets $59.00M USD 1 Quarter
Other investing items, net PaymentsForProceedsFromOtherInvestingActivities $21.00M USD 1 Quarter
Other investing items, net PaymentsForProceedsFromOtherInvestingActivities $65.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-256.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-134.00M USD 1 Quarter
Net repayments of short-term debt and other borrowings RepaymentsOfShortTermDebt $36.00M USD 1 Quarter
Net repayments of short-term debt and other borrowings RepaymentsOfShortTermDebt $181.00M USD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebt $648.00M USD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebt $12.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $93.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $76.00M USD 1 Quarter
Distributions to noncontrolling interests PaymentsToMinorityShareholders $127.00M USD 1 Quarter
Distributions to noncontrolling interests PaymentsToMinorityShareholders $94.00M USD 1 Quarter
Repurchase of Class A common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of Class A common stock PaymentsForRepurchaseOfCommonStock $190.00M USD 1 Quarter
Repurchase of common units from GE by BHGE LLC PaymentsForRepurchaseofParentCommonUnitsBySubsidiary - USD 1 Quarter
Repurchase of common units from GE by BHGE LLC PaymentsForRepurchaseofParentCommonUnitsBySubsidiary $323.00M USD 1 Quarter
Other financing items, net ProceedsFromPaymentsForOtherFinancingActivities $3.00M USD 1 Quarter
Other financing items, net ProceedsFromPaymentsForOtherFinancingActivities $-8.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-232.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-1.55B USD 1 Quarter
Effect of currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $22.00M USD 1 Quarter
Effect of currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-6.00M USD 1 Quarter
Decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.40B USD 1 Quarter
Decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-650.00M USD 1 Quarter
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.63B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.07B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.03B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.72B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.63B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.07B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.03B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.72B USD Point-in-time
Income taxes paid IncomeTaxesPaidNet $76.00M USD 1 Quarter
Income taxes paid IncomeTaxesPaidNet $82.00M USD 1 Quarter
Interest paid InterestPaidNet $56.00M USD 1 Quarter
Interest paid InterestPaidNet $72.00M USD 1 Quarter
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.09B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.01B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.09B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.41B USD Point-in-time
Net income (loss) ProfitLoss $71.00M USD 1 Quarter
Net income (loss) ProfitLoss $-19.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $172.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $316.00M USD 1 Quarter
Repurchase and cancellation of Class A and Class B common stock StockRepurchasedAndRetiredDuringPeriodValue $500.00M USD 1 Quarter
Distribution to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $127.00M USD 1 Quarter
Distribution to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $94.00M USD 1 Quarter
Stock-based compensation cost AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $30.00M USD 1 Quarter
Stock-based compensation cost AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $40.00M USD 1 Quarter
Other StockholdersEquityOther $6.00M USD 1 Quarter
Other StockholdersEquityOther $23.00M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.09B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $35.01B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.09B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.41B USD Point-in-time
Comprehensive Income 26 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $71.00M USD 1 Quarter
Net income (loss) ProfitLoss $-19.00M USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $39.00M USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-89.00M USD 1 Quarter
Net income attributable to Baker Hughes, a GE company NetIncomeLoss $70.00M USD 1 Quarter
Net income attributable to Baker Hughes, a GE company NetIncomeLoss $32.00M USD 1 Quarter
Investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 1 Quarter
Investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $2.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $312.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $166.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $4.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $7.00M USD 1 Quarter
Benefit plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax - USD 1 Quarter
Benefit plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $3.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $172.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $316.00M USD 1 Quarter
Less: Other comprehensive income attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $87.00M USD 1 Quarter
Less: Other comprehensive income attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $198.00M USD 1 Quarter
Other comprehensive income attributable to Baker Hughes, a GE company OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $85.00M USD 1 Quarter
Other comprehensive income attributable to Baker Hughes, a GE company OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $118.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $243.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $297.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $109.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $126.00M USD 1 Quarter
Comprehensive income attributable to Baker Hughes, a GE company ComprehensiveIncomeNetOfTax $188.00M USD 1 Quarter
Comprehensive income attributable to Baker Hughes, a GE company ComprehensiveIncomeNetOfTax $117.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...