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Equity (Tables)
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Schedule of changes in number of shares outstanding
The following table presents the changes in number of shares outstanding (in thousands):
 
Class A Common Stock
Class B Common Stock
Balance at December 31, 2017
422,208

706,985

Issue of shares upon vesting of restricted stock units (1)
374


Issue of shares on exercises of stock options(1)
551


Stock repurchase program (2) (3)
(11,501
)
(19,241
)
Balance at June 30, 2018
411,631

687,743

(1)
Share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation.
(2) 
On November 2, 2017, our board of directors authorized BHGE LLC to repurchase up to $3 billion of its common units from the Company and GE. The proceeds of this repurchase are to be used by BHGE to repurchase Class A common stock of the Company on the open market, which if fully implemented would result in the repurchase of approximately $1.1 billion of Class A common stock. The Class B common stock of the Company, paired with common units, will be repurchased by the Company at par value. The $3 billion repurchase authorization is the aggregate authorization for repurchases of Class A common stock and Class B common stock together with its paired common unit. At June 30, 2018, BHGE LLC had authorization remaining to repurchase up to approximately $1.5 billion of its common units from BHGE and GE.
(3) 
During the three months and six months ended June 30, 2018, we repurchased and canceled 5,210,572 and 11,500,992 shares of Class A common stock for a total of $187 million and $374 million, respectively.  We also repurchased and canceled 8,717,287 and 19,241,160 shares of Class B common stock from GE together with the paired common units of BHGE LLC for $313 million and $626 million for the three and six months ended June 30, 2018, respectively.
Schedule of accumulated other comprehensive loss
The following tables present the changes in accumulated other comprehensive loss, net of tax:
 
Investment Securities
Foreign Currency Translation Adjustments
Cash Flow Hedges
Benefit Plans
Accumulated Other Comprehensive Loss
Balance at December 31, 2017
$
1

$
(682
)
$
1

$
(23
)
$
(703
)
Other comprehensive income (loss) before reclassifications
(1
)
(224
)
1

4

(220
)
Amounts reclassified from accumulated other comprehensive income (loss)





Deferred taxes
(1
)


(2
)
(3
)
Other comprehensive income (loss)
(2
)
(224
)
1

2

(223
)
Less: Other comprehensive income (loss) attributable to noncontrolling interests
(1
)
(139
)

1

(139
)
Balance at June 30, 2018
$

$
(767
)
$
2

$
(22
)
$
(787
)

 
Investment Securities
Foreign Currency Translation Adjustments
Cash Flow Hedges
Benefit Plans
Accumulated Other Comprehensive Loss
Balance at December 31, 2016
$

$
(1,795
)
$
(10
)
$
(83
)
$
(1,888
)
Other comprehensive income (loss) before reclassifications
39

(63
)
2

(5
)
(27
)
Amounts reclassified from accumulated other comprehensive income (loss)
(38
)

9

(2
)
(31
)
Deferred taxes

(10
)
(2
)
4

(8
)
Other comprehensive income (loss)
1

(73
)
9

(3
)
(66
)
Less: Other comprehensive income attributable to noncontrolling interests
1

1


1

3

Balance at June 30, 2017
$

$
(1,869
)
$
(1
)
$
(87
)
$
(1,957
)
Schedule of noncontrolling interest
As of June 30, 2018, GE owned approximately 62.5% of BHGE LLC and this represents the majority of the noncontrolling interest balance reported within equity.

June 30, 2018
December 31, 2017
GE's interest in BHGE LLC
$
22,897

$
23,993

Other noncontrolling interests
109

140

Total noncontrolling interests
$
23,006

$
24,133