Company: BKR
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0001701605-25-000107
Chunk: 12

Company: Baker Hughes Co
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 income attributable to Baker Hughes Company701 579 1,103 1,034 Other comprehensive income (loss):Foreign currency translation adjustments325 (128)513 (192)Cash flow hedges1 (4)3 (2)Benefit plans(8)6 (7)9 Other comprehensive income (loss)318 (126)509 (185)Less: Other comprehensive income attributable to noncontrolling interests1 — 1 — Other comprehensive income (loss) attributable to Baker Hughes Company317 (126)508 (185)Comprehensive income1,029 455 1,629 859 Less: Comprehensive income attributable to noncontrolling interests11 2 18 10 Comprehensive income attributable to Baker Hughes Company$1,018 $453 $1,611 $849 

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements.

Baker Hughes Company 2025 Second Quarter Form 10-Q | 2

Baker Hughes Company

Condensed Consolidated Statements of Financial Position

(Unaudited)

(In millions, except par value)June 30,2025December 31,2024ASSETSCurrent assets:Cash and cash equivalents$3,087 $3,364 Current receivables, net6,511 7,122 Inventories, net5,105 4,954 All other current assets2,915 1,771 Total current assets17,618 17,211 Property, plant and equipment (net of accumulated depreciation of $6,367 and $6,056)5,176 5,127 Goodwill5,801 6,078 Other intangible assets, net3,919 3,951 Contract and other deferred assets1,841 1,730 Deferred income tax assets1,371 1,284 All other assets3,014 2,982 Total assets$38,740 $38,363 LIABILITIES AND EQUITYCurrent liabilities:Accounts payable$4,340 $4,542 Short-term debt66 53 Progress collections and deferred income 5,680 5,672 All other current liabilities2,429 2,724 Total current liabilities12,515 12,991 Long-term debt5,968 5,970 Liabilities for pensions and other postretirement benefits997 988 Deferred income tax