v2.4.0.8
Consolidated Condensed Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 1,209 $ 1,399
Accounts receivable - less allowance for doubtful accounts (2014 - $247; 2013 - $238) 5,539 5,138
Inventories, net 4,150 3,884
Deferred income taxes 426 380
Other current assets 487 494
Total current assets 11,811 11,295
Property, plant and equipment - less accumulated depreciation (2014 - $8,025; 2013 - $7,219) 9,081 9,076
Goodwill 6,074 5,966
Intangible assets, net 857 883
Other assets 819 714
Total assets 28,642 27,934
Current liabilities:    
Accounts payable 2,745 2,574
Short-term debt and current portion of long-term debt 519 499
Accrued employee compensation 777 778
Income taxes payable 368 213
Other accrued liabilities 553 514
Total current liabilities 4,962 4,578
Long-term debt 3,894 3,882
Deferred income taxes and other tax liabilities 742 821
Liabilities for pensions and other postretirement benefits 584 583
Other liabilities 176 158
Commitments and contingencies      
Equity:    
Common stock 433 438
Capital in excess of par value 6,977 7,341
Retained earnings 11,289 10,438
Accumulated other comprehensive loss (616) (504)
Baker Hughes stockholders’ equity 18,083 17,713
Noncontrolling interests 201 199
Total equity 18,284 17,912
Total liabilities and equity $ 28,642 $ 27,934