CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) shares in Millions, $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current Assets:
Cash and cash equivalents	$ 3,843	$ 4,125
Current receivables, net	5,718	5,700
Inventories, net	3,979	4,421
All other current assets	1,582	2,280
Total current assets	15,122	16,526
Property, plant and equipment, less accumulated depreciation	4,877	5,358
Goodwill	5,721	5,739
Other intangible assets, net	4,131	4,397
Contract and other deferred assets	1,598	2,001
All other assets	3,102	2,955
Deferred income taxes	735	953
Total assets	35,286	37,929
Current Liabilities:
Accounts payable	3,745	3,532
Short-term debt and current portion of long-term debt	40	889
Progress collections and deferred income	3,232	3,454
All other current liabilities	2,163	2,431
Total current liabilities	9,180	10,306
Long-term debt	6,687	6,744
Deferred income taxes	73	108
Liabilities for pensions and other postretirement benefits	1,110	1,217
All other liabilities	$ 1,510	$ 1,391
Common Unit, Outstanding	1,026	1,035
Common Unit, Outstanding	1,026	1,035
Members' Equity:
Retained loss	$ (16,311)	$ (15,939)
Accumulated other comprehensive loss	(2,691)	(2,542)
Baker Hughes Holdings LLC equity	16,587	18,031
Noncontrolling interests	139	132
Total equity	16,726	18,163
Total liabilities and equity	35,286	37,929
Units Held by Baker Hughes
Members' Equity:
Common stock	$ 35,589	$ 36,512