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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 4,359 $ 4,125
Current receivables, net 5,370 5,700
Inventories, net 4,181 4,421
All other current assets 1,959 2,280
Total current assets 15,869 16,526
Property, plant and equipment (net of accumulated depreciation of $4,925 and $5,115) 5,163 5,358
Goodwill 5,731 5,739
Other intangible assets, net 4,228 4,397
Contract and other deferred assets 1,899 2,001
All other assets 2,968 2,955
Deferred income taxes 943 953
Total assets 36,801 37,929
Current liabilities:    
Accounts payable 3,468 3,532
Short-term debt and current portion of long-term debt 887 889
Progress collections and deferred income 3,397 3,454
All other current liabilities 2,279 2,431
Total current liabilities 10,031 10,306
Long-term debt 6,733 6,744
Deferred income taxes 103 108
Liabilities for pensions and other postretirement benefits 1,197 1,217
All other liabilities $ 1,357 $ 1,391
Common Unit, Outstanding 1,041,000 1,035,000
Members' equity:    
Retained loss $ (16,567) $ (15,939)
Accumulated other comprehensive loss (2,585) (2,542)
Baker Hughes Holdings LLC equity 17,240 18,031
Noncontrolling interests 140 132
Total equity 17,380 18,163
Total liabilities and equity 36,801 37,929
Common Units Held by Baker Hughes    
Members' equity:    
Common stock $ 36,392 $ 36,512