Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 2,192	$ 2,324
Accounts receivable - less allowance for doubtful accounts (2016 - $431; 2015 - $383)	2,800	3,217
Inventories, net	2,789	2,917
Deferred income taxes	208	301
Other current assets	782	509
Total current assets	8,771	9,268
Property, plant and equipment - less accumulated depreciation (2016 - $7,647; 2015 - $7,378)	6,323	6,693
Goodwill	6,074	6,070
Intangible assets, net	549	583
Other assets	1,219	1,466
Total assets	22,936	24,080
Current liabilities:
Accounts payable	1,153	1,409
Short-term debt and current portion of long-term debt	162	151
Accrued employee compensation	507	690
Income taxes payable	176	55
Other accrued liabilities	464	470
Total current liabilities	2,462	2,775
Long-term debt	3,885	3,890
Deferred income taxes and other tax liabilities	375	252
Liabilities for pensions and other postretirement benefits	650	646
Other liabilities	$ 162	$ 135
Commitments and contingencies
Equity:
Common stock	$ 438	$ 437
Capital in excess of par value	7,281	7,261
Retained earnings	8,559	9,614
Accumulated other comprehensive loss	(938)	(1,005)
Treasury stock	(21)	(9)
Baker Hughes stockholders’ equity	15,319	16,298
Noncontrolling interests	83	84
Total equity	15,402	16,382
Total liabilities and equity	$ 22,936	$ 24,080