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EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Basic and diluted net income per share of Class A common stock is presented below:
| Three Months Ended March 31, |
(In millions, except per share amounts) | 2024 | 2023 |  |
Net income | $ | 463 |  | $ | 581 |  |  |
Less: Net income attributable to noncontrolling interests | 8 |  | 5 |  |  |
Net income attributable to Baker Hughes Company | $ | 455 |  | $ | 576 |  |  |
Weighted average shares outstanding: |  |  |  |
Class A basic | 998 |  | 1,010 |  |  |
Class A diluted | 1,004 |  | 1,018 |  |  |
Net income per share attributable to common stockholders: |  |  |  |
Class A basic | $ | 0.46 |  | $ | 0.57 |  |  |
Class A diluted | $ | 0.45 |  | $ | 0.57 |  |  |
For the three months ended March 31, 2024 and 2023, Class A diluted shares include the dilutive impact of equity awards except for approximately 1 million and 2 million options, respectively, that were excluded because the exercise price exceeded the average market price of our Class A common stock and is therefore antidilutive.

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