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Condensed Consolidated and Combined Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ (57) $ 46
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 780 290
Provision for deferred income taxes (300) (29)
Changes in operating assets and liabilities:    
Current receivables (35) (101)
Inventories (282) 176
Accounts payable 318 78
Progress collections and deferred income (137) (166)
Contract and other deferred assets 126 (217)
Other operating items, net 20 (466)
Net cash flows from (used in) operating activities 433 (389)
Cash flows from investing activities:    
Expenditures for capital assets (411) (143)
Proceeds from disposal of assets 181 12
Other investing items, net 68 1
Net cash flows used in investing activities (162) (130)
Cash flows from financing activities:    
Net repayments of short-term debt and other borrowings (300) (45)
Repayment of long-term debt (648) 0
Net transfer from Parent 0 1,575
Dividends paid (150) 0
Distributions to noncontrolling interest (253) 0
Repurchase of Class A common stock (387) 0
Repurchase of GE common units by BHGE LLC (638) 0
Other financing items, net 4 14
Net cash flows from (used in) financing activities (2,372) 1,544
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash (50) 17
Increase (decrease) in cash, cash equivalents and restricted cash (2,151) 1,041
Cash, cash equivalents and restricted cash, beginning of period 7,030 981
Cash, cash equivalents and restricted cash, end of period 4,879 [1] 2,021
Supplemental cash flows disclosures:    
Income taxes paid 218 129
Interest paid $ 157 $ 14
[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.