Company: BKR
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0001701605-25-000075
Chunk: 66

Company: Baker Hughes Co
Filing Date: 2025-04-23
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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Balance at March 31990,361 997,513 (1)Share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation.

Baker Hughes Company 2025 First Quarter Form 10-Q | 11

Baker Hughes CompanyNotes to Unaudited Condensed Consolidated Financial Statements

ACCUMULATED OTHER COMPREHENSIVE LOSSThe following tables present the changes in accumulated other comprehensive loss, net of tax:Foreign Currency Translation AdjustmentsCash Flow HedgesBenefit PlansAccumulated Other Comprehensive LossBalance at December 31, 2024$(2,863)$(7)$(291)$(3,161)Other comprehensive income (loss) before reclassifications188 — (4)184 Amounts reclassified from accumulated other comprehensive loss— 2 4 6 Deferred taxes— — 1 1 Other comprehensive income188 2 1 191 Less: Other adjustments— 1 (1)— Balance at March 31, 2025$(2,675)$(6)$(289)$(2,970)Foreign Currency Translation AdjustmentsCash Flow HedgesBenefit PlansAccumulated Other Comprehensive LossBalance at December 31, 2023$(2,513)$(6)$(277)$(2,796)Other comprehensive income (loss) before reclassifications(63)2 (1)(62)Amounts reclassified from accumulated other comprehensive loss— 1 3 4 Deferred taxes— (1)— (1)Other comprehensive income (loss)(63)2 2 (59)Balance at March 31, 2024$(2,576)$(4)$(275)$(2,855)The amounts reclassified from accumulated other comprehensive loss during the three months ended March 31, 2025 and 2024 represent (i) net gains (losses) reclassified on cash flow hedges when the hedged transaction occurs, and (ii) the amortization of net actuarial gain (loss), prior service credit, settlements, and curtailments which are included in the computation of net periodic pension cost.

NOTE 11. 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)20252024Net income$409 $463 Less: Net income attributable to noncontrolling