Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($) $ in Millions		Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents		$ 4,061	$ 3,249
Current receivables, net		5,647	6,416
Inventories, net		4,469	4,608
All other current assets		1,031	949
Total current assets		15,208	15,222
Property, plant and equipment (net of accumulated depreciation of $4,744 and $4,384)		5,536	6,240
Goodwill		5,923	20,690
Other intangible assets, net		4,377	5,381
Contract and other deferred assets		1,971	1,881
All other assets		3,019	3,001
Deferred income taxes		1,305	954
Total assets	[1]	37,339	53,369
Current liabilities:
Accounts payable		3,482	4,268
Short-term debt and current portion of long-term debt		935	321
Progress collections and deferred income		3,623	2,870
All other current liabilities		2,599	2,555
Total current liabilities		10,639	10,014
Long-term debt		6,754	6,301
Deferred income taxes		172	51
Liabilities for pensions and other postretirement benefits		1,147	1,079
All other liabilities		1,378	1,425
Equity:
Capital in excess of par value		23,977	23,565
Retained loss		(10,594)	0
Accumulated other comprehensive loss		(1,801)	(1,636)
Baker Hughes Company equity		11,582	21,929
Noncontrolling interests		5,667	12,570
Total noncontrolling interests		17,249	34,499
Total liabilities and equity		37,339	53,369
Common Class A
Equity:
Common stock		0	0
Common Class B
Equity:
Common stock		$ 0	$ 0

[1] Total assets include $111 million and $273 million of assets held on behalf of General Electric Company, of which $85 million and $162 million is cash and cash equivalents and $26 million and $111 million is investment securities at September 30, 2020 and December 31, 2019, respectively, and a corresponding amount of liability is reported in short-term debt. See "Note 16. Related Party Transactions" for further details.