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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,717 $ 2,646
Current receivables, net 6,873 7,075
Inventories, net 5,339 5,094
All other current assets 1,491 1,486
Total current assets 16,420 16,301
Property, plant and equipment (net of accumulated depreciation of $5,824 and $5,678) 4,931 4,893
Goodwill 6,114 6,137
Other intangible assets, net 4,055 4,093
Contract and other deferred assets 1,824 1,756
All other assets 3,067 3,043
Deferred income taxes 730 722
Total assets 37,141 36,945
Current liabilities:    
Accounts payable 4,595 4,471
Short-term and current portion of long-term debt 147 148
Progress collections and deferred income 5,711 5,542
All other current liabilities 2,726 2,830
Total current liabilities 13,179 12,991
Long-term debt 5,859 5,872
Deferred income taxes 149 176
Liabilities for pensions and other postretirement benefits 984 978
All other liabilities 1,420 1,409
Equity:    
Capital in excess of par value 26,610 26,983
Retained loss (8,364) (8,819)
Accumulated other comprehensive loss (2,855) (2,796)
Baker Hughes Company equity 15,391 15,368
Noncontrolling interests 159 151
Total equity 15,550 15,519
Total liabilities and equity 37,141 36,945
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 0 $ 0