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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 3,910 $ 2,324
Accounts receivable - less allowance for doubtful accounts (2016 - $573; 2015 - $383) 2,262 3,217
Inventories, net 1,992 2,917
Deferred income taxes 196 301
Other current assets 1,039 509
Total current assets 9,399 9,268
Property, plant and equipment - less accumulated depreciation (2016 - $7,269; 2015 - $7,378) 5,229 6,693
Goodwill 4,233 6,070
Intangible assets, net 439 583
Other assets 1,019 1,466
Total assets 20,319 24,080
Current liabilities:    
Accounts payable 1,023 1,409
Short-term debt and current portion of long-term debt 139 151
Accrued employee compensation 460 690
Income taxes payable 175 55
Other accrued liabilities 541 470
Total current liabilities 2,338 2,775
Long-term debt 2,887 3,890
Deferred income taxes and other tax liabilities 352 252
Liabilities for pensions and other postretirement benefits 651 646
Other liabilities 125 135
Commitments and contingencies
Equity:    
Common stock 428 437
Capital in excess of par value 6,853 7,261
Retained earnings 7,574 9,614
Accumulated other comprehensive loss (951) (1,005)
Treasury stock (21) (9)
Baker Hughes stockholders’ equity 13,883 16,298
Noncontrolling interests 83 84
Total equity 13,966 16,382
Total liabilities and equity $ 20,319 $ 24,080