Consolidated Statements of Financial Position - USD ($) $ in Millions		Dec. 31, 2019	Dec. 31, 2018
Current Assets:
Cash and cash equivalents	[1]	$ 3,245	$ 3,677
Current receivables, net		6,491	6,062
Inventories, net		4,608	4,620
All other current assets		949	639
Total current assets		15,293	14,998
Property, plant and equipment, less accumulated depreciation		6,240	6,228
Goodwill		20,396	20,423
Other intangible assets, net		5,381	5,719
Contract and other deferred assets		1,881	1,894
All other assets		3,058	1,900
Deferred income taxes		964	1,072
Total assets	[1]	53,213	52,234
Current Liabilities:
Accounts payable		4,268	4,018
Short-term debt and current portion of long-term debt	[1]	321	942
Progress collections and deferred income		2,870	1,765
All other current liabilities		2,535	2,276
Total current liabilities		9,994	9,001
Long-term debt		6,301	6,285
Deferred income taxes		0	94
Liabilities for pensions and other employee benefits		1,079	1,018
All other liabilities		1,425	960
Equity:
Capital in excess of par value		36,998	37,582
Retained earnings (loss)		(110)	(354)
Accumulated other comprehensive loss		(2,589)	(2,462)
Baker Hughes Company equity		34,299	34,766
Noncontrolling interests		115	110
Total equity		34,414	34,876
Total liabilities and equity		53,213	52,234
Class A
Equity:
Common stock		0	0
Class B
Equity:
Common stock		$ 0	$ 0

[1] Total assets include $273 million and $896 million of assets held on behalf of GE, of which $162 million and $747 million is cash and cash equivalents and $111 million and $149 million is investment securities at December 31, 2019 and 2018, respectively, and a corresponding amount of liability is reported in short-term borrowings. See "Note 17. Related Party Transactions" for further details.