v3.23.3
Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Total revenue $ 6,641 $ 5,369 $ 18,671 $ 15,251
Costs and expenses:        
Selling, general and administrative 627 620 1,977 1,865
Restructuring, impairment and other 2 235 161 676
Total costs and expenses 5,927 5,100 17,005 14,729
Operating income 714 269 1,666 522
Other non-operating income (loss), net 94 (60) 638 (657)
Interest expense, net (49) (65) (171) (188)
Income (loss) before income taxes 759 144 2,133 (323)
Provision for income taxes (222) (145) (534) (422)
Net income (loss) 537 (1) 1,599 (745)
Less: Net income attributable to noncontrolling interests 6 8 16 20
Net income (loss) attributable to Baker Hughes Holdings LLC $ 531 $ (9) $ 1,583 $ (765)
Units Held by Baker Hughes        
Per share amounts:        
Cash dividend per Class A common stock (in dollars per share) $ 0.20 $ 0.18 $ 0.58 $ 0.54
Sales of goods        
Revenue:        
Total revenue $ 4,044 $ 3,084 $ 11,320 $ 8,710
Costs and expenses:        
Costs 3,467 2,639 9,704 7,502
Sales of services        
Revenue:        
Total revenue 2,597 2,285 7,351 6,541
Costs and expenses:        
Costs $ 1,831 $ 1,606 $ 5,163 $ 4,686