Company: BKR
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0001701605-25-000117
Chunk: 76

Company: Baker Hughes Co
Filing Date: 2025-10-24
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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. As of September 30, 2025, the Company had authorization remaining to repurchase up to approximately $1.3 billion of its Class A common stock.

Baker Hughes Company 2025 Third Quarter Form 10-Q | 13

Baker Hughes CompanyNotes to Unaudited Condensed Consolidated Financial Statements

The following table presents the changes in the number of shares outstanding (in thousands):Class ACommon Stock20252024Balance at January 1989,646 997,709 Issue of shares upon vesting of restricted stock units (1)4,748 4,900 Issue of shares on exercise of stock options (1)567 113 Issue of shares for employee stock purchase plan1,201 1,382 Repurchase and cancellation of Class A common stock(9,751)(15,019)Balance at September 30986,410 989,085 (1)Share amounts reflected above are net of shares withheld to satisfy the employee's tax withholding obligation.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 reclassifications590 (74)(18)498 Amounts reclassified from accumulated other comprehensive loss— — 13 13 Deferred taxes— (1)3 2 Other comprehensive income (loss)590 (75)(2)513 Less: Other comprehensive loss attributable to noncontrolling interests1 — — 1 Less: Other adjustments1 — — 1 Balance at September 30, 2025$(2,275)$(82)$(293)$(2,650)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(50)19 (10)(41)Amounts reclassified from accumulated other comprehensive loss— (11)12 1 Deferred taxes— (2)2 — Other comprehensive income (loss)(50)6 4 (40)Less: Other adjustments— 1 —