Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 1,007	$ 1,050
Accounts receivable - less allowance for doubtful accounts (2012 - $255; 2011 - $226)	5,003	4,794
Inventories, net	3,879	3,211
Deferred income taxes	252	251
Other current assets	432	393
Assets of discontinued operations	707	646
Total current assets	11,280	10,345
Property, plant and equipment - less accumulated depreciation (2012 - $5,961; 2011 - $5,192)	8,225	7,245
Goodwill	5,612	5,637
Intangible assets, net	989	1,086
Other assets	650	534
Total assets	26,756	24,847
Current Liabilities:
Accounts payable	1,829	1,774
Short-term debt and current portion of long-term debt	1,306	224
Accrued employee compensation	661	695
Income taxes payable	205	288
Other accrued liabilities	476	464
Liabilities of Disposal Group, Including Discontinued Operation	55	56
Total current liabilities	4,532	3,501
Long-term debt	3,839	3,845
Deferred income taxes and other tax liabilities	602	810
Liabilities for pensions and other postretirement benefits	579	578
Other liabilities	133	149
Commitments and contingencies
Equity:
Common stock	439	437
Capital in excess of par value	7,447	7,303
Retained earnings	9,461	8,561
Accumulated other comprehensive loss	(474)	(555)
Baker Hughes stockholder's equity	16,873	15,746
Noncontrolling interests	198	218
Total equity	17,071	15,964
Total liabilities and equity	$ 26,756	$ 24,847