Consolidated and Combined Statements of Income (Loss) - USD ($) $ in Millions |
12 Months Ended |
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
| Revenue: |
|
|
|
| Revenues |
$ 23,838
|
$ 22,877
|
$ 17,179
|
| Costs and expenses: |
|
|
|
| Selling, general and administrative |
2,832
|
2,699
|
2,535
|
| Restructuring, impairment and other |
342
|
433
|
412
|
| Separation and merger related |
184
|
153
|
373
|
| Total costs and expenses |
22,764
|
22,176
|
17,463
|
| Operating income (loss) |
1,074
|
701
|
(284)
|
| Other non operating income (loss), net |
(84)
|
202
|
80
|
| Interest expense, net |
(237)
|
(223)
|
(131)
|
| Income (loss) before income taxes and equity in loss of affiliate |
753
|
680
|
(335)
|
| Equity in loss of affiliate |
0
|
(139)
|
(11)
|
| Provision for income taxes |
(482)
|
(258)
|
(45)
|
| Net income (loss) |
271
|
283
|
(391)
|
| Less: Net income attributable to GE O&G pre-merger |
0
|
0
|
42
|
| Less: Net income (loss) attributable to noncontrolling interests |
143
|
88
|
(330)
|
| Net income (loss) attributable to Baker Hughes Company |
$ 128
|
$ 195
|
$ (103)
|
| Per share amounts: |
|
|
|
| Basic earnings (loss) per Class A common share (in dollars per share) |
$ 0.23
|
$ 0.46
|
$ (0.24)
|
| Diluted earnings (loss) per Class A common share (in dollars per share) |
0.23
|
0.45
|
(0.24)
|
| Class A |
|
|
|
| Per share amounts: |
|
|
|
| Basic earnings (loss) per Class A common share (in dollars per share) |
0.23
|
0.46
|
(0.24)
|
| Diluted earnings (loss) per Class A common share (in dollars per share) |
0.23
|
0.45
|
(0.24)
|
| Class A | Cash dividend |
|
|
|
| Per share amounts: |
|
|
|
| Dividends per share (in dollars per share) |
0.72
|
0.72
|
0.35
|
| Class A | Special dividend |
|
|
|
| Per share amounts: |
|
|
|
| Dividends per share (in dollars per share) |
|
|
$ 17.50
|
| Sales of goods |
|
|
|
| Revenue: |
|
|
|
| Revenues |
$ 13,689
|
$ 13,113
|
$ 11,062
|
| Costs and expenses: |
|
|
|
| Cost |
11,798
|
11,524
|
9,486
|
| Sales of services |
|
|
|
| Revenue: |
|
|
|
| Revenues |
10,149
|
9,764
|
6,117
|
| Costs and expenses: |
|
|
|
| Cost |
$ 7,608
|
$ 7,367
|
$ 4,657
|