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10-Q Filing

BAKER HUGHES CO CIK: 1701605 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001701605-24-000067
Period End Date 20240331
Filing Date 20240424
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance bkr-20240331_htm.xml
Balance Sheet 124 line items
Line Item Tag Value Unit Period
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $5.82B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $5.82B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $5.68B USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $5.68B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.42B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.42B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.49B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.49B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.65B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.65B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.72B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.72B USD Point-in-time
Current receivables, net ReceivablesNetCurrent $6.87B USD Point-in-time
Current receivables, net ReceivablesNetCurrent $6.87B USD Point-in-time
Current receivables, net ReceivablesNetCurrent $7.08B USD Point-in-time
Current receivables, net ReceivablesNetCurrent $7.08B USD Point-in-time
Inventories, net InventoryNet $5.34B USD Point-in-time
Inventories, net InventoryNet $5.34B USD Point-in-time
Inventories, net InventoryNet $5.09B USD Point-in-time
Inventories, net InventoryNet $5.09B USD Point-in-time
All other current assets OtherAssetsCurrent $1.49B USD Point-in-time
All other current assets OtherAssetsCurrent $1.49B USD Point-in-time
All other current assets OtherAssetsCurrent $1.49B USD Point-in-time
All other current assets OtherAssetsCurrent $1.49B USD Point-in-time
Total current assets AssetsCurrent $16.42B USD Point-in-time
Total current assets AssetsCurrent $16.30B USD Point-in-time
Total current assets AssetsCurrent $16.30B USD Point-in-time
Total current assets AssetsCurrent $16.42B USD Point-in-time
Property, plant and equipment (net of accumulated depreciation of $5,824 and $5,678) PropertyPlantAndEquipmentNet $4.93B USD Point-in-time
Property, plant and equipment (net of accumulated depreciation of $5,824 and $5,678) PropertyPlantAndEquipmentNet $4.93B USD Point-in-time
Property, plant and equipment (net of accumulated depreciation of $5,824 and $5,678) PropertyPlantAndEquipmentNet $4.89B USD Point-in-time
Property, plant and equipment (net of accumulated depreciation of $5,824 and $5,678) PropertyPlantAndEquipmentNet $4.89B USD Point-in-time
Goodwill Goodwill $6.14B USD Point-in-time
Goodwill Goodwill $6.14B USD Point-in-time
Goodwill Goodwill $6.11B USD Point-in-time
Goodwill Goodwill $6.11B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $4.05B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $4.05B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $4.09B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $4.09B USD Point-in-time
Contract and other deferred assets UnbilledContractsReceivable $1.82B USD Point-in-time
Contract and other deferred assets UnbilledContractsReceivable $1.82B USD Point-in-time
Contract and other deferred assets UnbilledContractsReceivable $1.76B USD Point-in-time
Contract and other deferred assets UnbilledContractsReceivable $1.76B USD Point-in-time
All other assets OtherAssetsNoncurrent $3.04B USD Point-in-time
All other assets OtherAssetsNoncurrent $3.07B USD Point-in-time
All other assets OtherAssetsNoncurrent $3.04B USD Point-in-time
All other assets OtherAssetsNoncurrent $3.07B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $722.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $722.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $730.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $730.00M USD Point-in-time
Total assets Assets $36.95B USD Point-in-time
Total assets Assets $36.95B USD Point-in-time
Total assets Assets $37.14B USD Point-in-time
Total assets Assets $37.14B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.59B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.47B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.47B USD Point-in-time
Accounts payable AccountsPayableCurrent $4.59B USD Point-in-time
Short-term and current portion of long-term debt DebtCurrent $147.00M USD Point-in-time
Short-term and current portion of long-term debt DebtCurrent $147.00M USD Point-in-time
Short-term and current portion of long-term debt DebtCurrent $148.00M USD Point-in-time
Short-term and current portion of long-term debt DebtCurrent $148.00M USD Point-in-time
Progress collections and deferred income ContractWithCustomerLiabilityCurrent $5.71B USD Point-in-time
Progress collections and deferred income ContractWithCustomerLiabilityCurrent $5.71B USD Point-in-time
Progress collections and deferred income ContractWithCustomerLiabilityCurrent $5.54B USD Point-in-time
Progress collections and deferred income ContractWithCustomerLiabilityCurrent $5.54B USD Point-in-time
All other current liabilities OtherLiabilitiesCurrent $2.73B USD Point-in-time
All other current liabilities OtherLiabilitiesCurrent $2.73B USD Point-in-time
All other current liabilities OtherLiabilitiesCurrent $2.83B USD Point-in-time
All other current liabilities OtherLiabilitiesCurrent $2.83B USD Point-in-time
Total current liabilities LiabilitiesCurrent $13.18B USD Point-in-time
Total current liabilities LiabilitiesCurrent $13.18B USD Point-in-time
Total current liabilities LiabilitiesCurrent $12.99B USD Point-in-time
Total current liabilities LiabilitiesCurrent $12.99B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $5.86B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $5.86B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $5.87B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $5.87B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $176.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $176.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $149.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $149.00M USD Point-in-time
Liabilities for pensions and other postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $984.00M USD Point-in-time
Liabilities for pensions and other postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $984.00M USD Point-in-time
Liabilities for pensions and other postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $978.00M USD Point-in-time
Liabilities for pensions and other postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $978.00M USD Point-in-time
All other liabilities OtherLiabilitiesNoncurrent $1.42B USD Point-in-time
All other liabilities OtherLiabilitiesNoncurrent $1.42B USD Point-in-time
All other liabilities OtherLiabilitiesNoncurrent $1.41B USD Point-in-time
All other liabilities OtherLiabilitiesNoncurrent $1.41B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $26.98B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $26.98B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $26.61B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $26.61B USD Point-in-time
Retained loss RetainedEarningsAccumulatedDeficit $-8.36B USD Point-in-time
Retained loss RetainedEarningsAccumulatedDeficit $-8.36B USD Point-in-time
Retained loss RetainedEarningsAccumulatedDeficit $-8.82B USD Point-in-time
Retained loss RetainedEarningsAccumulatedDeficit $-8.82B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.85B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.85B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.80B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.80B USD Point-in-time
Baker Hughes Company equity StockholdersEquity $15.39B USD Point-in-time
Baker Hughes Company equity StockholdersEquity $15.39B USD Point-in-time
Baker Hughes Company equity StockholdersEquity $15.37B USD Point-in-time
Baker Hughes Company equity StockholdersEquity $15.37B USD Point-in-time
Noncontrolling interests MinorityInterest $159.00M USD Point-in-time
Noncontrolling interests MinorityInterest $159.00M USD Point-in-time
Noncontrolling interests MinorityInterest $151.00M USD Point-in-time
Noncontrolling interests MinorityInterest $151.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.52B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.52B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.85B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.85B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.55B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.55B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $37.14B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $37.14B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $36.95B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $36.95B USD Point-in-time
Income Statement 48 line items
Line Item Tag Value Unit Period
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $6.42B USD 1 Quarter
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $6.42B USD 1 Quarter
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $5.72B USD 1 Quarter
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $5.72B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $655.00M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $655.00M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $618.00M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $618.00M USD 1 Quarter
Restructuring, impairment and other RestructuringImpairmentAndOther $56.00M USD 1 Quarter
Restructuring, impairment and other RestructuringImpairmentAndOther $56.00M USD 1 Quarter
Restructuring, impairment and other RestructuringImpairmentAndOther $7.00M USD 1 Quarter
Restructuring, impairment and other RestructuringImpairmentAndOther $7.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $5.76B USD 1 Quarter
Total costs and expenses CostsAndExpenses $5.76B USD 1 Quarter
Total costs and expenses CostsAndExpenses $5.28B USD 1 Quarter
Total costs and expenses CostsAndExpenses $5.28B USD 1 Quarter
Operating income OperatingIncomeLoss $438.00M USD 1 Quarter
Operating income OperatingIncomeLoss $653.00M USD 1 Quarter
Operating income OperatingIncomeLoss $653.00M USD 1 Quarter
Operating income OperatingIncomeLoss $438.00M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $29.00M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $29.00M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $386.00M USD 1 Quarter
Other non-operating income, net OtherNonoperatingIncomeExpense $386.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-64.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-64.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-41.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-41.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $641.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $641.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $760.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $760.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $179.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $179.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $178.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $178.00M USD 1 Quarter
Net income ProfitLoss $581.00M USD 1 Quarter
Net income ProfitLoss $581.00M USD 1 Quarter
Net income ProfitLoss $463.00M USD 1 Quarter
Net income ProfitLoss $463.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 1 Quarter
Net income attributable to Baker Hughes Company NetIncomeLoss $576.00M USD 1 Quarter
Net income attributable to Baker Hughes Company NetIncomeLoss $455.00M USD 1 Quarter
Net income attributable to Baker Hughes Company NetIncomeLoss $455.00M USD 1 Quarter
Net income attributable to Baker Hughes Company NetIncomeLoss $576.00M USD 1 Quarter
Cash Flow Statement 116 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $581.00M USD 1 Quarter
Net income ProfitLoss $581.00M USD 1 Quarter
Net income ProfitLoss $463.00M USD 1 Quarter
Net income ProfitLoss $463.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $269.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $269.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $283.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $283.00M USD 1 Quarter
Gain on equity securities EquitySecuritiesFVNIUnrealizedAndRealizedLoss $-52.00M USD 1 Quarter
Gain on equity securities EquitySecuritiesFVNIUnrealizedAndRealizedLoss $-52.00M USD 1 Quarter
Gain on equity securities EquitySecuritiesFVNIUnrealizedAndRealizedLoss $-392.00M USD 1 Quarter
Gain on equity securities EquitySecuritiesFVNIUnrealizedAndRealizedLoss $-392.00M USD 1 Quarter
Provision (benefit) for deferred income taxes DeferredIncomeTaxExpenseBenefit $58.00M USD 1 Quarter
Provision (benefit) for deferred income taxes DeferredIncomeTaxExpenseBenefit $58.00M USD 1 Quarter
Provision (benefit) for deferred income taxes DeferredIncomeTaxExpenseBenefit $-24.00M USD 1 Quarter
Provision (benefit) for deferred income taxes DeferredIncomeTaxExpenseBenefit $-24.00M USD 1 Quarter
Stock-based compensation cost ShareBasedCompensation $51.00M USD 1 Quarter
Stock-based compensation cost ShareBasedCompensation $51.00M USD 1 Quarter
Stock-based compensation cost ShareBasedCompensation $49.00M USD 1 Quarter
Stock-based compensation cost ShareBasedCompensation $49.00M USD 1 Quarter
Inventory impairment InventoryWriteDown $18.00M USD 1 Quarter
Inventory impairment InventoryWriteDown $18.00M USD 1 Quarter
Inventory impairment InventoryWriteDown - USD 1 Quarter
Inventory impairment InventoryWriteDown - USD 1 Quarter
Current receivables IncreaseDecreaseInAccountsReceivable $-199.00M USD 1 Quarter
Current receivables IncreaseDecreaseInAccountsReceivable $-199.00M USD 1 Quarter
Current receivables IncreaseDecreaseInAccountsReceivable $332.00M USD 1 Quarter
Current receivables IncreaseDecreaseInAccountsReceivable $332.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $265.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $265.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $265.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $265.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $173.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $173.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $43.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $43.00M USD 1 Quarter
Progress collections and deferred income IncreaseDecreaseInContractWithCustomerLiability $639.00M USD 1 Quarter
Progress collections and deferred income IncreaseDecreaseInContractWithCustomerLiability $639.00M USD 1 Quarter
Progress collections and deferred income IncreaseDecreaseInContractWithCustomerLiability $170.00M USD 1 Quarter
Progress collections and deferred income IncreaseDecreaseInContractWithCustomerLiability $170.00M USD 1 Quarter
Contract and other deferred assets IncreaseDecreaseInDeferredCharges $68.00M USD 1 Quarter
Contract and other deferred assets IncreaseDecreaseInDeferredCharges $148.00M USD 1 Quarter
Contract and other deferred assets IncreaseDecreaseInDeferredCharges $148.00M USD 1 Quarter
Contract and other deferred assets IncreaseDecreaseInDeferredCharges $68.00M USD 1 Quarter
Other operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $59.00M USD 1 Quarter
Other operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $59.00M USD 1 Quarter
Other operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $146.00M USD 1 Quarter
Other operating items, net IncreaseDecreaseInOtherOperatingCapitalNet $146.00M USD 1 Quarter
Net cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $784.00M USD 1 Quarter
Net cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $784.00M USD 1 Quarter
Net cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $461.00M USD 1 Quarter
Net cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $461.00M USD 1 Quarter
Expenditures for capital assets PaymentsToAcquireProductiveAssets $333.00M USD 1 Quarter
Expenditures for capital assets PaymentsToAcquireProductiveAssets $310.00M USD 1 Quarter
Expenditures for capital assets PaymentsToAcquireProductiveAssets $310.00M USD 1 Quarter
Expenditures for capital assets PaymentsToAcquireProductiveAssets $333.00M USD 1 Quarter
Proceeds from disposal of assets ProceedsFromSaleOfProductiveAssets $46.00M USD 1 Quarter
Proceeds from disposal of assets ProceedsFromSaleOfProductiveAssets $46.00M USD 1 Quarter
Proceeds from disposal of assets ProceedsFromSaleOfProductiveAssets $51.00M USD 1 Quarter
Proceeds from disposal of assets ProceedsFromSaleOfProductiveAssets $51.00M USD 1 Quarter
Other investing items, net PaymentsForProceedsFromOtherInvestingActivities $-35.00M USD 1 Quarter
Other investing items, net PaymentsForProceedsFromOtherInvestingActivities $-35.00M USD 1 Quarter
Other investing items, net PaymentsForProceedsFromOtherInvestingActivities $-13.00M USD 1 Quarter
Other investing items, net PaymentsForProceedsFromOtherInvestingActivities $-13.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-269.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-269.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-229.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-229.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $210.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $210.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $192.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $192.00M USD 1 Quarter
Repurchase of Class A common stock PaymentsForRepurchaseOfCommonStock $158.00M USD 1 Quarter
Repurchase of Class A common stock PaymentsForRepurchaseOfCommonStock $158.00M USD 1 Quarter
Repurchase of Class A common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of Class A common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Other financing items, net ProceedsFromPaymentsForOtherFinancingActivities $-58.00M USD 1 Quarter
Other financing items, net ProceedsFromPaymentsForOtherFinancingActivities $-58.00M USD 1 Quarter
Other financing items, net ProceedsFromPaymentsForOtherFinancingActivities $-59.00M USD 1 Quarter
Other financing items, net ProceedsFromPaymentsForOtherFinancingActivities $-59.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-427.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-250.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-250.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-427.00M USD 1 Quarter
Effect of currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-55.00M USD 1 Quarter
Effect of currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-55.00M USD 1 Quarter
Effect of currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-17.00M USD 1 Quarter
Effect of currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-17.00M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-73.00M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-73.00M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $71.00M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $71.00M USD 1 Quarter
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.72B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.72B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.65B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.65B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.49B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.42B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.42B USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.49B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.65B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.72B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.72B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.65B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.42B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.49B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.42B USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.49B USD Point-in-time
Income taxes paid, net of refunds IncomeTaxesPaidNet $108.00M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $108.00M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $163.00M USD 1 Quarter
Income taxes paid, net of refunds IncomeTaxesPaidNet $163.00M USD 1 Quarter
Interest paid InterestPaidNet $48.00M USD 1 Quarter
Interest paid InterestPaidNet $50.00M USD 1 Quarter
Interest paid InterestPaidNet $50.00M USD 1 Quarter
Interest paid InterestPaidNet $48.00M USD 1 Quarter
Stockholders Equity 38 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.52B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.52B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.85B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.85B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.55B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.55B USD Point-in-time
Net income ProfitLoss $463.00M USD 1 Quarter
Net income ProfitLoss $463.00M USD 1 Quarter
Net income ProfitLoss $581.00M USD 1 Quarter
Net income ProfitLoss $581.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-59.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-55.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-55.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-59.00M USD 1 Quarter
Dividends on Class A common stock DividendsCommonStockCash $192.00M USD 1 Quarter
Dividends on Class A common stock DividendsCommonStockCash $192.00M USD 1 Quarter
Dividends on Class A common stock DividendsCommonStockCash $210.00M USD 1 Quarter
Dividends on Class A common stock DividendsCommonStockCash $210.00M USD 1 Quarter
Repurchase and cancellation of Class A common stock StockRepurchasedAndRetiredDuringPeriodValue $158.00M USD 1 Quarter
Repurchase and cancellation of Class A common stock StockRepurchasedAndRetiredDuringPeriodValue $158.00M USD 1 Quarter
Stock-based compensation cost AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $49.00M USD 1 Quarter
Stock-based compensation cost AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $49.00M USD 1 Quarter
Stock-based compensation cost AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $51.00M USD 1 Quarter
Stock-based compensation cost AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $51.00M USD 1 Quarter
Other StockholdersEquityOther $56.00M USD 1 Quarter
Other StockholdersEquityOther $56.00M USD 1 Quarter
Other StockholdersEquityOther $59.00M USD 1 Quarter
Other StockholdersEquityOther $59.00M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.85B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.85B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.55B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.52B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.52B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.55B USD Point-in-time
Comprehensive Income 48 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $581.00M USD 1 Quarter
Net income ProfitLoss $581.00M USD 1 Quarter
Net income ProfitLoss $463.00M USD 1 Quarter
Net income ProfitLoss $463.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 1 Quarter
Net income attributable to Baker Hughes Company NetIncomeLoss $576.00M USD 1 Quarter
Net income attributable to Baker Hughes Company NetIncomeLoss $576.00M USD 1 Quarter
Net income attributable to Baker Hughes Company NetIncomeLoss $455.00M USD 1 Quarter
Net income attributable to Baker Hughes Company NetIncomeLoss $455.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-61.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-61.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-63.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-63.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-1.00M USD 1 Quarter
Benefit plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.00M USD 1 Quarter
Benefit plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.00M USD 1 Quarter
Benefit plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-7.00M USD 1 Quarter
Benefit plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-7.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-55.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-55.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-59.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-59.00M USD 1 Quarter
Less: Other comprehensive loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Other comprehensive loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Other comprehensive loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Less: Other comprehensive loss attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Other comprehensive loss attributable to Baker Hughes Company OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-55.00M USD 1 Quarter
Other comprehensive loss attributable to Baker Hughes Company OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-55.00M USD 1 Quarter
Other comprehensive loss attributable to Baker Hughes Company OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-59.00M USD 1 Quarter
Other comprehensive loss attributable to Baker Hughes Company OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-59.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $526.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $526.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $404.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $404.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $8.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $8.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Comprehensive income attributable to Baker Hughes Company ComprehensiveIncomeNetOfTax $396.00M USD 1 Quarter
Comprehensive income attributable to Baker Hughes Company ComprehensiveIncomeNetOfTax $521.00M USD 1 Quarter
Comprehensive income attributable to Baker Hughes Company ComprehensiveIncomeNetOfTax $521.00M USD 1 Quarter
Comprehensive income attributable to Baker Hughes Company ComprehensiveIncomeNetOfTax $396.00M USD 1 Quarter

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

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