Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping systems, oilfield and industrial chemicals, and artificial lift technologies for oil and natural gas, and oilfield service companies. The OFE segment provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions, including well intervention and decommissioning solutions; and services related to onshore and offshore drilling and production operations. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, downstream, onshore, offshore, and industrial customers. The DS segment provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.

Baker Hughes Company

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Assets	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Cash and Cash Equivalents	2,693	3,087	3,277	3,364	2,664	2,284
Cash and Cash Equivalents
Total Cash and Cash Equivalents	2,693	3,087	3,277	3,364	2,664	2,284
Accounts Receivable	6,555	6,511	6,710	7,122	6,920	7,051
Current Receivables, Net
Total Trade Receivables	6,555	6,511	6,710	7,122	6,920	7,051
Inventories	5,036	5,105	5,161	4,954	5,254	5,126
Inventories, Net
Other Current Assets	3,245	2,915	1,693	1,771	1,730	1,469
All Other Current Assets
Total Current Assets	17,529	17,618	16,841	17,211	16,568	15,930
Total Current Assets
Net Property, Plant & Equipment	5,264	5,176	5,168	5,127	5,150	4,951
Property, Plant and Equipment, Net
Net Intangible Assets	4,180	3,919	3,927	3,951	3,995	4,019
Other Intangible Assets, Net
Goodwill	6,051	5,801	6,126	6,078	6,167	6,105
Goodwill
Other Long-Term Assets	6,209	6,226	6,048	5,996	5,650	5,651
Contract Assets
Contract Assets
Contract and Other Deferred Assets
Deferred Income Tax Assets
All Other Assets
Total Assets	39,233	38,740	38,110	38,363	37,530	36,656
Total Assets

Liabilities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Accounts Payable	4,196	4,340	4,465	4,542	4,431	4,649
Accounts Payable
Accrued Expenses	—	—	—	—	—	—
Current Compensation and Benefits
Short-Term Debt	68	66	55	53	52	34
Short-Term and Current Portion of Long-Term Debt
Short-Term Debt
Current Portion of Long-Term Debt	—	—	—	—	—	—
Current Portion of Long-Term Debt
Unearned Revenue	5,511	5,680	5,589	5,672	5,685	5,506
Progress Collections
Progress Collections and Deferred Income
Other Current Liabilities	2,663	2,429	2,485	2,724	2,622	2,397
All Other Current Liabilities
Total Current Liabilities	12,438	12,515	12,594	12,991	12,790	12,586
Total Current Liabilities
Long-Term Debt	5,988	5,968	5,969	5,970	5,984	5,861
Long-Term Debt
Other Long-Term Liabilities	2,363	2,389	2,341	2,264	2,413	2,488
Liabilities for Pensions and Other Postretirement Benefits
All Other Non-Current Liabilities
Deferred Income Tax Liabilities
All Other Liabilities
Total Long-Term Liabilities	8,351	8,357	8,310	8,234	8,397	8,349
Total Liabilities	20,789	20,872	20,904	21,225	21,187	20,935
Total Liabilities

Equity	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Additional Paid-in Capital	24,935	25,087	25,450	25,896	26,045	26,340
Capital in Excess of Par Value
Accumulated Other Comprehensive Income	-2,650	-2,653	-2,970	-3,161	-2,837	-2,981
Accumulated Other Comprehensive Loss
Retained Earnings	-4,128	-4,737	-5,438	-5,840	-7,019	-7,785
Retained Earnings
Total Common Shareholders' Equity	18,157	17,697	17,042	16,895	16,189	15,574
Baker Hughes, a GE Company Equity
Baker Hughes Company Equity
Total Equity Attributable to Parent
Minority Interests and Other	171	171	164	160	154	147
Noncontrolling Interests
Total Shareholders' Equity	18,328	17,868	17,206	17,055	16,343	15,721
Total Liabilities and Shareholders' Equity	39,233	38,740	38,110	38,363	37,530	36,656
Total Liabilities and Equity