Consolidated Statements of Financial Position - USD ($) shares in Thousands, $ in Millions		Dec. 31, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	[1]	$ 4,125	$ 3,245
Current receivables, net		5,700	6,491
Inventories, net		4,421	4,608
All other current assets		2,280	949
Total current assets		16,526	15,293
Property, plant and equipment, less accumulated depreciation		5,358	6,240
Goodwill		5,739	20,396
Other intangible assets, net		4,397	5,381
Contract and other deferred assets		2,001	1,881
All other assets		2,955	3,058
Deferred income taxes		953	964
Total assets	[1]	37,929	53,213
Current Liabilities:
Accounts payable		3,532	4,268
Short-term debt and current portion of long-term debt	[1]	889	321
Progress collections and deferred income		3,454	2,870
All other current liabilities		2,431	2,535
Total current liabilities		10,306	9,994
Long-term debt		6,744	6,301
Deferred income taxes		108	0
Liabilities for pensions and other employee benefits		1,217	1,079
All other liabilities		1,391	1,425
Members' Equity:
Retained loss		(15,939)	(110)
Accumulated other comprehensive loss		(2,542)	(2,589)
Baker Hughes Holdings LLC equity		18,031	34,299
Noncontrolling interests		132	115
Total equity		18,163	34,414
Total liabilities and equity		$ 37,929	$ 53,213
Common Unit, Outstanding		1,035,000	1,027,000
Class A
Members' Equity:
Common stock		$ 36,512	$ 36,998

[1] Total assets include $45 million and $273 million of assets held on behalf of GE, of which $44 million and $162 million is cash and cash equivalents and $1 million and $111 million is investment securities at December 31, 2020 and 2019, respectively, and a corresponding amount of liability is reported in short-term borrowings. See "Note 16. Related Party Transactions" for further details.