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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 3,853 $ 4,132
Current receivables, net 5,651 5,622
Inventories, net 3,979 4,421
All other current assets 1,582 2,280
Total current assets 15,065 16,455
Property, plant and equipment, less accumulated depreciation 4,877 5,358
Goodwill 5,959 5,977
Other intangible assets, net 4,131 4,397
Contract and other deferred assets 1,598 2,001
All other assets 2,943 2,866
Deferred income taxes 735 953
Total assets 35,308 38,007
Current Liabilities:    
Accounts payable 3,745 3,532
Short-term debt and current portion of long-term debt 40 889
Progress collections and deferred income 3,232 3,454
All other current liabilities 2,111 2,352
Total current liabilities 9,128 10,227
Long-term debt 6,687 6,744
Deferred income taxes 127 186
Liabilities for pensions and other postretirement benefits 1,110 1,217
All other liabilities 1,510 1,391
Equity:    
Capital in excess of par value 27,375 24,613
Retained loss (10,160) (9,942)
Accumulated other comprehensive loss (2,385) (1,778)
Baker Hughes Company equity 14,830 12,893
Noncontrolling interests 1,916 5,349
Total equity 16,746 18,242
Total liabilities and equity 35,308 38,007
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 0 $ 0