Baker Hughes Company

NasdaqGS-BKR

Operating Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Net Income	1,120	1,964	1,044	975	995	179
Net Income
Depreciation & Amortization	579	570	566	542	545	510
Depreciation and Amortization
Stock Based Compensation	102	101	101	99	98	105
Stock-Based Compensation Cost
Other Adjustments	4	-923	-38	-258	-397	441
Loss on Business Disposition
Change in Fair Value of Equity Securities
Equity in Income of Affiliate
Loss on Assets Held for Sale
Property, Plant and Equipment Impairment, Net
Gain on Business Dispositions
Provision for Deferred Income Taxes
Inventory Impairment
Goodwill Impairment
Intangible Assets Impairment
Changes in Trade Receivables	532	-154	-5	-663	-323	-265
Current Receivables
Changes in Inventories	-92	22	-124	-129	-332	-477
Inventories
Changes in Accounts Payable	-153	-136	227	217	-156	420
Accounts Payable
Changes in Unearned Revenue	-258	256	17	416	1,223	479
Progress Collections and Deferred Income
Changes in Other Operating Activities	-615	500	-656	543	-333	103
Contract and Other Deferred Assets
Other Operating Items, Net
Cash from Operating Activities	1,219	2,200	1,132	1,742	1,320	1,495
Net Cash Flows Provided by Operating Activities

Investing Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Capital Expenditure	-601	-653	-625	-637	-587	-495
Expenditures for Capital Assets
Proceeds from Sale of Property, Plant & Equipment	74	102	101	121	87	74
Proceeds from Disposal of Assets
Proceeds from Sale of Investments	—	92	—	372	—	26
Proceeds from Sale of Equity Securities
Payments for Business Acquisitions	—	—	—	-19	-282	-681
Net Cash Paid for Business Interests
Net Cash Paid for Acquisitions and Business Interests
Net Cash Paid for Acquisitions
Proceeds from Business Divestments	—	—	—	—	293	—
Proceeds from Business Dispositions
Other Investing Activities	-69	-27	-6	-240	75	-58
Other Investing Items, Net
Cash from Investing Activities	-596	-486	-530	-403	-414	-1,134
Net Cash Flows Provided by Investing Activities

Financing Activities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Issuance of Short-Term Debt	—	—	—	—	—	—
Proceeds from Commercial Paper
Repayments of Short-Term Debt	—	—	—	—	—	—
Net Repayments of Short-Term Debt
Repayment of Commercial Paper
Net Issuance / (Repayments) of Short-Term Debt	—	—	—	—	—	—
Issuance of Long-Term Debt	—	—	—	—	—	—
Proceeds from the Issuance of Long-Term Debt
Repayments of Long-Term Debt	—	-18	-125	-651	—	—
Repayment of Long-Term Debt
Net Issuance / (Repayments) of Long-Term Debt	—	-18	-125	-651	—	—
Repurchases of Common Shares	-384	-160	-324	-439	-99	-366
Repurchase of Class A Common Stock
Repurchase of Common Units from GE by BHH LLC
Net Issuance / (Repurchases) of Common Shares	-384	-160	-324	-439	-99	-366
Common Share Dividends Paid	-456	-417	-419	-402	-384	-372
Dividends Paid
Other Financing Activities	-105	-3	-61	14	-67	14
Net Repayments of Debt
Distributions to Noncontrolling Interests
Net Transfer from Parent
Contribution Received from GE
Distributions to GE
Other Financing Items, Net
Cash from Financing Activities	-945	-598	-929	-1,478	-550	-724
Net Cash Flows Provided by Financing Activities