| | | | | | | | | | | | | | | | | (In millions, except per share amounts) | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Total Year | 2019 | | | | | | Revenue | $ | 5,615 |
| $ | 5,994 |
| $ | 5,882 |
| $ | 6,347 |
| $ | 23,838 |
| Gross profit (1) | 976 |
| 1,062 |
| 1,101 |
| 1,295 |
| 4,432 |
| Restructuring, impairment and other (2) | 62 |
| 50 |
| 71 |
| 159 |
| 342 |
| Separation and merger related | 34 |
| 40 |
| 54 |
| 57 |
| 184 |
| Net income (loss) attributable to Baker Hughes Company | 32 |
| (9 | ) | 57 |
| 48 |
| 128 |
| Basic earnings (loss) per Class A common share | 0.06 |
| (0.02 | ) | 0.11 |
| 0.07 |
| 0.23 |
| Diluted earnings (loss) per Class A common share | 0.06 |
| (0.02 | ) | 0.11 |
| 0.07 |
| 0.23 |
| Cash dividend per Class A common share | 0.18 |
| 0.18 |
| 0.18 |
| 0.18 |
| 0.72 |
| | | | | | | 2018 | | | | | | Revenue | $ | 5,399 |
| $ | 5,548 |
| $ | 5,665 |
| $ | 6,264 |
| $ | 22,877 |
| Gross profit (1) | 841 |
| 936 |
| 973 |
| 1,236 |
| 3,986 |
| Restructuring, impairment and other (2) | 162 |
| 146 |
| 66 |
| 59 |
| 433 |
| Separation and merger related | 46 |
| 50 |
| 17 |
| 41 |
| 153 |
| Net income (loss) attributable to Baker Hughes Company | 70 |
| (19 | ) | 13 |
| 131 |
| 195 |
| Basic earnings (loss) per Class A common share | 0.17 |
| (0.05 | ) | 0.03 |
| 0.28 |
| 0.46 |
| Diluted earnings (loss) per Class A common share | 0.17 |
| (0.05 | ) | 0.03 |
| 0.28 |
| 0.45 |
| Cash dividend per Class A common share | 0.18 |
| 0.18 |
| 0.18 |
| 0.18 |
| 0.72 |
|
| | (1) | Represents revenue less cost of sales and cost of services. |
(2) Restructuring, impairment and other costs associated with asset impairments, workforce reductions, facility closures and contract terminations recorded during 2019 and 2018. See "Note 21. Restructuring, Impairment and Other" for further discussion.
|