Company: BKR
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0001701605-25-000117
Chunk: 17

Company: Baker Hughes Co
Filing Date: 2025-10-24
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 Net income attributable to Baker Hughes Company609 766 1,712 1,800 Other comprehensive income (loss):Foreign currency translation adjustments77 142 590 (50)Cash flow hedges(78)8 (75)6 Benefit plans5 (5)(2)4 Other comprehensive income (loss)4 145 513 (40)Less: Other comprehensive income attributable to noncontrolling interests— 1 1 — Other comprehensive income (loss) attributable to Baker Hughes Company4 144 512 (40)Comprehensive income620 919 2,249 1,777 Less: Comprehensive income attributable to noncontrolling interests7 8 25 18 Comprehensive income attributable to Baker Hughes Company$613 $911 $2,224 $1,759 

See accompanying Notes to Unaudited Condensed Consolidated Financial Statements.

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

Baker Hughes Company

Condensed Consolidated Statements of Financial Position

(Unaudited)

(In millions, except par value)September 30,2025December 31,2024ASSETSCurrent assets:Cash and cash equivalents$2,693 $3,364 Current receivables, net6,555 7,122 Inventories, net5,036 4,954 All other current assets3,245 1,771 Total current assets17,529 17,211 Property, plant and equipment (net of accumulated depreciation of $6,557 and $6,056)5,264 5,127 Goodwill6,051 6,078 Other intangible assets, net4,180 3,951 Contract and other deferred assets1,712 1,730 Deferred income tax assets1,410 1,284 All other assets3,087 2,982 Total assets$39,233 $38,363 LIABILITIES AND EQUITYCurrent liabilities:Accounts payable$4,196 $4,542 Short-term debt68 53 Progress collections and deferred income 5,511 5,672 All other current liabilities2,663 2,724 Total current liabilities12,438 12,991 Long-term debt5,988 5,970 Liabilities for pensions and other postretirement benefits1,024 988 Deferred income tax