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Condensed Consolidated and Combined Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash, cash equivalents and restricted cash (1) $ 4,879 [1] $ 7,030
Current receivables, net 6,038 6,015
Inventories, net 4,675 4,507
All other current assets 850 872
Total current assets 16,442 18,424
Property, plant and equipment (net of accumulated depreciation of $3,348 and $2,817) 6,335 6,959
Goodwill 20,758 19,927
Other intangible assets, net 5,973 6,358
Contract and other deferred assets 1,911 2,044
All other assets 1,484 2,073
Deferred income taxes 1,187 715
Total assets (1) 54,090 56,500
Current liabilities:    
Accounts payable 3,574 3,377
Short-term debt and current portion of long-term debt (1) [1] 1,067 2,037
Progress collections and deferred income 1,630 1,775
All other current liabilities 2,362 2,038
Total current liabilities 8,633 9,227
Long-term debt 6,319 6,312
Deferred income taxes 148 490
Liabilities for pensions and other postretirement benefits 1,100 1,172
All other liabilities 1,073 889
Equity:    
Capital in excess of par value 14,625 15,083
Retained loss (27) (103)
Accumulated other comprehensive loss (787) (703)
Baker Hughes, a GE company equity 13,811 14,277
Noncontrolling interests 23,006 24,133
Total equity 36,817 38,410
Total liabilities and equity 54,090 56,500
Common Class A    
Equity:    
Common stock 0 0
Common Class B    
Equity:    
Common stock $ 0 $ 0
[1] Total assets include $939 million and $1,124 million of assets held on behalf of GE, of which $783 million and $997 million is cash and cash equivalents and $156 million and $127 million is investment securities at June 30, 2018 and December 31, 2017, respectively, and a corresponding amount of liability is reported in short-term borrowings. See "Note 16. Related Party Transactions" for further details.