Company: BKR
Filing Date: 2025-02-04
Form Type: 10-K
Source: 0001701605-25-000035
Chunk: 40

Company: Baker Hughes Co
Filing Date: 2025-02-04
Form: 10-K
Item: Item 8
Chunk 40
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389 434 Issue of shares for employee stock purchase plan1,814 1,846 Repurchase and cancellation of Class A common stock(15,241)(16,269)Balance at end of year989,646 997,709 (1)    Share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation.During 2024 and 2023, the Company declared and paid aggregate regular dividends of $0.84 and $0.78 per share, respectively, to holders of record of the Company's Class A common stock.

Baker Hughes Company 2024 Form 10-K | 83

Baker Hughes CompanyNotes to 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, 2022$(2,666)$(9)$(296)$(2,971)Other comprehensive income (loss) before reclassifications153 12 (14)151 Amounts reclassified from accumulated other comprehensive loss— (8)28 20 Deferred taxes— (1)5 4 Other comprehensive income153 3 19 175 Balance at December 31, 2023(2,513)(6)(277)(2,796)Other comprehensive income (loss) before reclassifications(350)9 (46)(387)Amounts reclassified from accumulated other comprehensive loss— (11)32 21 Deferred taxes— 1 — 1 Other comprehensive income (loss)(350)(1)(14)(365)Balance at December 31, 2024$(2,863)$(7)$(291)$(3,161)The amounts reclassified from accumulated other comprehensive loss during the years ended December 31, 2024 and 2023 represent (i) 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 (see "Note 10. Employee Benefit Plans" for additional details).

NOTE 14. EARNINGS PER SHARE

Basic and diluted net income (loss) per share of Class A common stock is presented