v3.22.4

Equity (Tables) | 12 Months Ended
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Dec. 31, 2022
Equity [Abstract] |
Schedule of Changes in Number of Shares Outstanding | The following table presents the changes in the number of Units outstanding (in thousands):
| 2022 | 2021
| Units Held by Baker Hughes | Units Held by GE | Units Held by Baker Hughes | Units Held by GE
Balance at beginning of year | 909,142 |  | 116,548 |  | 723,999 |  | 311,433 |
Issue of Units to Baker Hughes under equity incentive plan | 9,965 |  | — |  | 7,886 |  | — |
Exchange of Units (1) | 116,548 |  | (116,548) |  | 194,885 |  | (194,885) |
Repurchase and cancellation of Units | (29,694) |  | — |  | (17,628) |  | — |
Balance at end of year | 1,005,960 |  | — |  | 909,142 |  | 116,548 |
(1) When shares of Class B common stock, together with associated Units, are exchanged for shares of Class A common stock pursuant to the Exchange Agreement, such shares of Class B common stock, together with associated Units, are canceled.
Schedule of Accumulated Other Comprehensive Loss | The following table presents the changes in accumulated other comprehensive loss, net of tax:
|  | Foreign Currency Translation Adjustments | Cash Flow Hedges | Benefit Plans | Accumulated Other Comprehensive Loss
Balance at December 31, 2020 |  | $ | (2,096) |  | $ | 5 |  | $ | (451) |  | $ | (2,542) |
Other comprehensive income (loss) before reclassifications |  | (344) |  | (11) |  | 135 |  | (220) |
Amounts reclassified from accumulated other comprehensive loss |  | 39 |  | (7) |  | 38 |  | 70 |
Deferred taxes |  | — |  | 2 |  | (3) |  | (1) |
Other comprehensive income (loss) |  | (305) |  | (16) |  | 170 |  | (151) |
Less: Other comprehensive loss attributable to noncontrolling interests |  | (2) |  | — |  | — |  | (2) |
Balance at December 31, 2021 |  | (2,398) |  | (12) |  | (281) |  | (2,691) |
Other comprehensive income (loss) before reclassifications |  | (294) |  | (1) |  | 2 |  | (293) |
Amounts reclassified from accumulated other comprehensive loss |  | 25 |  | 3 |  | 27 |  | 55 |
Deferred taxes |  | — |  | — |  | (43) |  | (43) |
Other comprehensive income (loss) |  | (269) |  | 2 |  | (14) |  | (281) |
Less: Other comprehensive loss attributable to noncontrolling interests |  | (2) |  | — |  | 1 |  | (1) |
Balance at December 31, 2022 |  | $ | (2,665) |  | $ | (10) |  | $ | (296) |  | $ | (2,971) |

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