Baker Hughes Co
For the period ended Dec 31, 2025. Filed Feb 5, 2026.
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FY2025 · Filed Feb 5, 2026
BKR$47.77-1.4%Stored close · as of Nov 10, 2026
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Consolidated Statements of Financial Position
| December 31, | ||
|---|---|---|
| (In millions, except par value) | 2025 | 2024 |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $3,715 | $3,364 |
| Current receivables, net | 6,641 | 7,122 |
| Inventories, net | 4,954 | 4,954 |
| All other current assets | 3,518 | 1,771 |
| Total current assets | 18,828 | 17,211 |
| Property, plant and equipment, less accumulated depreciation | 5,326 | 5,127 |
| Goodwill | 6,068 | 6,078 |
| Other intangible assets, net | 4,097 | 3,951 |
| Contract and other deferred assets | 1,620 | 1,730 |
| Deferred income tax assets | 1,957 | 1,284 |
| All other assets | 2,985 | 2,982 |
| Total assets | $40,881 | $38,363 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $4,579 | $4,542 |
| Short-term and current portion of long-term debt | 689 | 53 |
| Progress collections and deferred income | 5,904 | 5,672 |
| All other current liabilities | 2,705 | 2,724 |
| Total current liabilities | 13,877 | 12,991 |
| Long-term debt | 5,398 | 5,970 |
| Liabilities for pensions and other postretirement benefits | 1,066 | 988 |
| Deferred income tax liabilities | 84 | 83 |
| All other liabilities | 1,446 | 1,276 |
| Equity: | ||
| Class A common stock, $0.0001 par value - 2,000 authorized, 987 and 990 issued and outstanding as of December 31, 2025 and 2024, respectively | — | — |
| Capital in excess of par value | 24,738 | 25,896 |
| Retained loss | (3,252) | (5,840) |
| Accumulated other comprehensive loss | (2,652) | (3,161) |
| Baker Hughes Company equity | 18,834 | 16,895 |
| Noncontrolling interests | 176 | 160 |
| Total equity | 19,010 | 17,055 |
| Total liabilities and equity | $40,881 | $38,363 |
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