v2.3.0.11
Consolidated Condensed Balance Sheets (Unaudited) (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 937 $ 1,456
Short-term investments 0 250
Accounts receivable - less allowance for doubtful accounts (2011 - $225; 2010 - $162) 4,434 3,942
Inventories, net 2,939 2,594
Deferred income taxes 254 234
Other current assets 248 231
Total current assets 8,812 8,707
Property, plant and equipment, net 6,700 6,310
Goodwill 5,953 5,869
Intangible assets, net 1,524 1,569
Other assets 565 531
Total assets 23,554 22,986
Current Liabilities:    
Accounts payable 1,588 1,496
Short-term borrowings and current portion of long-term debt 59 331
Accrued employee compensation 586 589
Income taxes payable 75 219
Other accrued liabilities 519 504
Total current liabilities 2,827 3,139
Long-term debt 3,549 3,554
Deferred income taxes and other tax liabilities 1,316 1,360
Liabilities for pensions and other postretirement benefits 507 483
Other liabilities 165 164
Commitments and contingencies    
Stockholders' Equity:    
Common stock 436 432
Capital in excess of par value 7,167 7,005
Retained earnings 7,672 7,083
Accumulated other comprehensive loss (337) (420)
Baker Hughes stockholders' equity 14,938 14,100
Noncontrolling interest 252 186
Total stockholders' equity 15,190 14,286
Total liabilities and stockholders' equity $ 23,554 $ 22,986