Spreadsheet: 4b39f5eb-8b6f-4710-b9d4-7a6aee114493
Sheet: Supplemental Table

Baker Hughes Incorporated
Supplemental Financial Information
Proforma Segment Revenue1,11 |  |  | Q1 12 | Q4 11 | [NAME] | Q2 11 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | North America |  | 2863 | 2828 | 2721 | 2372 | 2358 | 2217 | 2009 | 1733 | 1647 | 1311 | 1174 | 1075 | 1610 | 2224 | 2180 | 1999 | 1916
 | Latin America |  | 573 | 602 | 570 | 544 | 474 | 485 | 434 | 424 | 400 | 435 | 401 | 387 | 410 | 472 | 431 | 386 | 357
 | Europe/Africa/Russia/Caspian |  | 893 | 910 | 863 | 817 | 782 | 806 | 768 | 776 | 827 | 820 | 728 | 813 | 849 | 899 | 943 | 975 | 819
 | Middle East/Asia Pacific |  | 745 | 764 | 711 | 713 | 664 | 663 | 610 | 583 | 559 | 577 | 576 | 620 | 613 | 706 | 664 | 652 | 596
 | Industrial Services |  | 281 | 283 | 313 | 295 | 247 | 252 | 257 | 229 | 224 | 217 | 231 | 221 | 233 | 302 | 303 | 297 | 248
Proforma Total |  |  | 5355 | 5387 | 5178 | 4741 | 4525 | 4423 | 4078 | 3745 | 3657 | 3360 | 3110 | 3116 | 3715 | 4603 | 4521 | 4309 | 3936
Proforma Segment Operating Profit Before Tax1, 2, 11 |  |  | Q1 12 | Q4 11 | [NAME] | Q2 11 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | North America |  | 401 | 522 | 602 | 434 | 455 | 474 | 337 | 216 | 174 | 45 | -20 | -74 | 174 | 506 | 461 | 441 | 442
 | Latin America |  | 67 | 83 | 71 | 71 | 62 | 42 | 11 | 8 | 5 | 33 | 33 | 65 | 60 | 90 | 75 | 56 | 64
 | Europe/Africa/Russia/Caspian |  | 153 | 149 | 103 | 114 | 88 | 65 | 47 | 66 | 83 | 116 | 85 | 147 | 182 | 171 | 186 | 195 | 138
 | Middle East/Asia Pacific |  | 75 | 117 | 75 | 87 | 79 | 67 | 36 | 40 | 39 | 62 | 73 | 95 | 90 | 147 | 127 | 119 | 114
 | Industrial Services |  | 22 | 34 | 44 | 44 | 23 | 33 | 40 | 32 | 25 | 28 | 35 | 29 | 28 | 55 | 80 | 75 | 42
Proforma Total |  |  | 718 | 905 | 895 | 750 | 707 | 681 | 471 | 362 | 326 | 284 | 206 | 262 | 534 | 969 | 929 | 886 | 800
Identified Items by Segment3 |  |  | Q1 12 | Q4 1110 | [NAME] | Q2 118 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | North America |  | 0 | 105 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 16 | 27 | 51 | 3 | 0 | 0 | 0
 | Latin America |  | 0 | 64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19 | 5 | 24 | 19 | 0 | 0 | 0 | 0
 | Europe/Africa/Russia/Caspian |  | 0 | 48 | 0 | 70 | 0 | 0 | 0 | 0 | 0 | 13 | 3 | 10 | 19 | 14 | 2 | 0 | 0
 | Middle East/Asia Pacific |  | 0 | 47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 11 | 8 | 11 | -1 | 3 | 0 | 0
 | Industrial Services |  | 0 | 51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
Total |  |  | 0 | 315 | 0 | 70 | 0 | 0 | 0 | 0 | 0 | 48 | 35 | 69 | 100 | 16 | 5 | 0 | 0
Identified Items by Type3 |  |  | Q1 12 | Q4 1110 | [NAME] | Q2 118 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | Severance |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 12 | 16 | 59 | 0 | 0 | 0 | 0
 | Impairments |  | 0 | 315 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 8 | 0 | 0 | 0 | 0
 | Doubtful Accounts |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 5 | 38 | 29 | 16 | 5 | 0 | 0
 | Reorganization |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 13 | 2 | 0 | 0 | 0 | 0 | 0
 | Libya Charge |  | 0 | 0 | 0 | 70 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Other |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | -1 | 4 | 0 | 0 | 0 | 0
Total |  |  | 0 | 315 | 0 | 70 | 0 | 0 | 0 | 0 | 0 | 48 | 35 | 69 | 100 | 16 | 5 | 0 | 0
Proforma Segment Profit Before Tax1, 4, 11 |  |  | Q1 12 | Q4 1110 | [NAME] | Q2 118 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | North America |  | 401 | 417 | 602 | 434 | 455 | 474 | 337 | 216 | 174 | 36 | -36 | -101 | 123 | 503 | 461 | 441 | 442
 | Latin America |  | 67 | 19 | 71 | 71 | 62 | 42 | 11 | 8 | 5 | 14 | 28 | 41 | 41 | 90 | 75 | 56 | 64
 | Europe/Africa/Russia/Caspian |  | 153 | 101 | 103 | 44 | 88 | 65 | 47 | 66 | 83 | 103 | 82 | 137 | 163 | 157 | 184 | 195 | 138
 | Middle East/Asia Pacific |  | 75 | 70 | 75 | 87 | 79 | 67 | 36 | 40 | 39 | 55 | 62 | 87 | 79 | 148 | 124 | 119 | 114
 | Industrial Services |  | 22 | -17 | 44 | 44 | 23 | 33 | 40 | 32 | 25 | 28 | 35 | 29 | 28 | 55 | 80 | 75 | 42
Proforma Total |  |  | 718 | 590 | 895 | 680 | 707 | 681 | 471 | 362 | 326 | 236 | 171 | 193 | 434 | 953 | 924 | 886 | 800
Corporate and Other Profit before Tax5 |  |  | Q1 12 | Q4 11 | Q3 119 | Q2 11 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | Acquisition-related |  | 0 | 0 | 0 | 0 | 0 | -56 | -12 | -56 | -10 | -19 | -7 | 0 | 0 | 0 | 0 | 0 | 0
 | Gain on Investments |  | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | -25 | 0 | 0 | 0
 | Gain on Sale |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28
 | Loss on early extinguishment of debt |  | 0 | 0 | -40 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Interest Expense, net |  | -54 | -57 | -58 | -54 | -52 | -48 | -39 | -31 | -28 | -36 | -31 | -34 | -37 | -34 | -14 | -16 | -11
 | Litigation Settlement |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -62 | 0
 | Pension Settlement |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -22 | 0 | 0 | 0
 | Reorganization |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10 | -7 | -3 | 0 | 0 | 0 | 0 | 0
 | Inventory Impairment |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4 | 0 | 0 | 0 | 0 | 0
 | Corp Severance |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0
 | Corporate and other |  | -91 | -64 | -78 | -63 | -67 | -63 | -54 | -66 | -92 | -102 | -100 | -109 | -88 | -76 | -96 | -87 | -97
Corporate, net interest and other |  |  | -145 | -121 | -176 | -117 | -119 | -161 | -105 | -153 | -130 | -163 | -145 | -151 | -125 | -157 | -110 | -165 | -80
[NAME] and Amortization6 |  |  | Q1 12 | Q4 11 | [NAME] | Q2 11 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | As reported by [NAME] |  | 363 | 343 | 332 | 331 | 315 | 326 | 293 | 261 | 189 | 179 | 177 | 182 | 173 | 177 | 158 | 155 | 147
 | As reported or estimated by BJ Services |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27 | 78 | 75 | 78 | 73 | 76 | 69 | 73 | 66 | 64
 | Incremental Depreciation and Amortization |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33
[NAME] |  |  | 363 | 343 | 332 | 331 | 315 | 326 | 293 | 301 | 300 | 287 | 288 | 288 | 282 | 279 | 264 | 254 | 244
Proforma Combined Capital Expenditures6 |  |  | Q1 12 | Q4 11 | [NAME] | Q2 11 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | As reported by [NAME] |  | 671 | 810 | 628 | 594 | 429 | 486 | 466 | 349 | 190 | 292 | 222 | 291 | 281 | 463 | 301 | 312 | 227
 | As reported or estimated by BJ Services |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 37 | 41 | 80 | 76 | 121 | 117 | 173 | 121 | 149
[NAME] |  |  | 671 | 810 | 628 | 594 | 429 | 486 | 466 | 374 | 227 | 333 | 302 | 367 | 402 | 580 | 474 | 433 | 376
[NAME] Revenue6, 11 |  |  | Q1 12 | Q4 11 | [NAME] | Q2 11 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 |  | North America | 2863 | 2828 | 2721 | 2372 | 2358 | 2217 | 2009 | 1491 | 925 | 792 | 718 | 697 | 975 | 1281 | 1185 | 1152 | 1073
 |  | Latin America | 573 | 602 | 570 | 544 | 474 | 485 | 434 | 384 | 273 | 298 | 258 | 265 | 279 | 328 | 276 | 258 | 227
 |  | Europe/Africa/Russia/Caspian | 893 | 910 | 863 | 817 | 782 | 806 | 768 | 745 | 732 | 710 | 638 | 719 | 748 | 796 | 828 | 863 | 722
 |  | Middle East/Asia Pacific | 745 | 764 | 711 | 713 | 664 | 663 | 610 | 549 | 444 | 475 | 467 | 506 | 505 | 561 | 520 | 528 | 481
 |  | Industrial Services | 281 | 283 | 313 | 295 | 247 | 252 | 257 | 205 | 165 | 153 | 151 | 149 | 161 | 220 | 201 | 197 | 167
 | As reported by [NAME] |  | 5355 | 5387 | 5178 | 4741 | 4525 | 4423 | 4078 | 3374 | 2539 | 2428 | 2232 | 2336 | 2668 | 3186 | 3010 | 2998 | 2670
 | As reported or estimated by BJ Services |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 371 | 1118 | 932 | 878 | 780 | 1047 | 1417 | 1511 | 1311 | 1266
[NAME] |  |  | 5355 | 5387 | 5178 | 4741 | 4525 | 4423 | 4078 | 3745 | 3657 | 3360 | 3110 | 3116 | 3715 | 4603 | 4521 | 4309 | 3936
Proforma Combined Segment Profit Before Tax4, 6, 11 |  |  | Q1 12 | Q4 1110 | [NAME] | Q2 118 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 |  | North America | 401 | 417 | 602 | 434 | 455 | 474 | 337 | 197 | 139 | 73 | 24 | -15 | 113 | 328 | 298 | 312 | 311
 |  | Latin America | 67 | 19 | 71 | 71 | 62 | 42 | 11 | 12 | 9 | 8 | 16 | 31 | 23 | 66 | 47 | 40 | 43
 |  | Europe/Africa/Russia/Caspian | 153 | 101 | 103 | 44 | 88 | 65 | 47 | 66 | 79 | 91 | 78 | 131 | 152 | 148 | 171 | 180 | 130
 |  | Middle East/Asia Pacific | 75 | 70 | 75 | 87 | 79 | 67 | 36 | 39 | 26 | 45 | 48 | 72 | 71 | 122 | 95 | 101 | 96
 |  | Industrial Services | 22 | -17 | 44 | 44 | 23 | 33 | 40 | 30 | 24 | 25 | 21 | 20 | 21 | 45 | 59 | 56 | 32
 | As reported by [NAME] |  | 718 | 590 | 895 | 680 | 707 | 681 | 471 | 344 | 277 | 242 | 187 | 239 | 380 | 709 | 670 | 689 | 612
 |  | As reported or estimated by BJ Services | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31 | 82 | 27 | 17 | -13 | 87 | 277 | 287 | 230 | 221
 |  | Incremental Depreciation and Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13 | -33 | -33 | -33 | -33 | -33 | -33 | -33 | -33 | -33
 | BJ Services |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 | 49 | -6 | -16 | -46 | 54 | 244 | 254 | 197 | 188
[NAME] |  |  | 718 | 590 | 895 | 680 | 707 | 681 | 471 | 362 | 326 | 236 | 171 | 193 | 434 | 953 | 924 | 886 | 800
Proforma Combined Corporate and Other Costs5, 6 |  |  | Q1 12 | Q4 11 | Q3 119 | Q2 11 | Q1 11 | Q4 10 | Q3 10 | Q2 107 | Q1 10 | Q4 09 | [NAME] | Q2 09 | Q1 09 | Q4 08 | Q3 08 | Q2 08 | Q1 08
 | As reported by [NAME] |  | -145 | -121 | -176 | -117 | -119 | -161 | -105 | -142 | -83 | -120 | -104 | -117 | -96 | -100 | -80 | -138 | -43
 | As reported or estimated by BJ Services |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12 | -50 | -46 | -44 | -37 | -32 | -60 | -33 | -30 | -40
 | Decrease to interest expense |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3
[NAME] |  |  | -145 | -121 | -176 | -117 | -119 | -161 | -105 | -153 | -130 | -163 | -145 | -151 | -125 | -157 | -110 | -165 | -80
Notes to Supplemental Schedules
 | 1 | The presentation of Proforma Segment financial information includes results previously reported by BJ Services for the quarters ended March 31, 2008 through December 31, 2009 and estimated BJ Services results for the quarter ended March 31, 2010 and the month of April 2010.  The amounts for revenue and profit before tax have been reclassified into Baker Hughes' five reportable segments.   Operating Profit before tax and segment profit for tax for these periods includes a pro forma charge of $33 million per quarter, primarily for depreciation and amortization of tangible and intangible assets associated with the acquisition of BJ Services.   This pro forma charge has been allocated to the five reportable segments based on the actual allocation of these charges in May and June 2010.  No adjustments have been made for cost or revenue synergies or any other integration related items that may have affected these quarters. This supplemental financial information is provided for illustrative purposes and is not intended to represent or be indicative of the consolidated results of operations or financial position of Baker Hughes had the acquisition been completed at the beginning of each period referred to above and should not be taken as representative of future results of operations or financial position of the combined company.
 | 2 | Operating profit before tax is a non-GAAP measure defined as profit before tax (“income before income taxes”) excluding certain identified costs. Management uses operating profit before tax because it believes it is a widely accepted financial indicator used by investors and analysts to analyze and compare companies on the basis of operating performance and that this measurement may be used by investors to make informed investment decisions.
 | 3 | Management identifies certain items to exclude from operating profit before tax2.  These items are presented both by reportable segment and by type, and are provided to reconcile operating profit before tax2 to segment profit before tax.
 | 4 | The performance of our segments is evaluated based on segment profit before tax, which is defined as income before income taxes, net interest expense, corporate expenses, and certain gains and losses not allocated to the segments.
 | 5 | Corporate and other profit before tax includes those corporate expenses previously reported by BJ Services for the quarters ended March 31, 2009 through December 31, 2009 and estimated BJ Services results for the quarter ended March 31, 2010 and the month of April 2010.  Also included in each of these periods is a pro forma credit of $3 million to interest expense.
 | 6 | The presentation of Proforma Combined financial information includes results previously reported by BJ Services for the quarters ended March 31, 2009 through December 31, 2009 and estimated BJ Services results for the quarter ended March 31, 2010 and the month of April 2010.   Segment profit before tax for these periods includes pro forma charges of $33 million per quarter primarily for depreciation and amortization of tangible and intangible assets associated with the acquisition of BJ Services.  This supplemental financial information is provided for illustrative purposes and to present the incremental impact of the BJ Services acquisition on revenue and segment profit before tax.  It is not intended to represent or be indicative of the consolidated results of operations or financial position of Baker Hughes had the acquisition been completed at the beginning of each period referred to above and should not be taken as representative of future results of operations or financial position of the combined company.
 | 7 | In Q2 10 Baker Hughes' reported results included results for BJ Services for May and June 2010.  BJ Services supplied estimated results for the month of April 2010.
 | 8 | Q2 11 includes expenses of $70 million (before and after-tax) associated with increasing reserves for doubtful accounts, inventory and certain other assets as a result of civil unrest in Libya.
 | 9 | Q3 11 includes a loss on early extinguishment of our 6.5% senior note due 2013 of $40 millions ($26 million after-tax).
 | 10 | Q4 11 includes a charge of $315 million before-tax ($220 million after-tax), the majority of which related to the noncash impairment associated with the decision to reduce the use of the BJ Services trade name as part of our overall branding strategy for Baker Hughes.
 | 11 | The revenue and profit before tax of Reservoir Development Services have been reclassified from the Industrial Services segment into the geographic operating segments.  Quarterly segment revenue and profit before tax for the three years ended December 31, 2011 have been reclassified to reflect this change.