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Condensed Consolidated Statements of Financial Position (Unaudited) - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,924 $ 3,843
Current receivables, net 5,716 5,718
Inventories, net 4,052 3,979
All other current assets 1,647 1,582
Total current assets 14,339 15,122
Property, plant and equipment (net of accumulated depreciation of $5,082 and $5,003) 4,531 4,877
Goodwill 5,502 5,721
Other intangible assets, net 4,049 4,131
Contract and other deferred assets 1,547 1,598
All other assets 3,075 3,102
Deferred income taxes 773 735
Total assets 33,816 35,286
Current liabilities:    
Accounts payable 3,764 3,745
Current portion of long-term debt 34 40
Progress collections and deferred income 3,289 3,232
All other current liabilities 2,346 2,163
Total current liabilities 9,433 9,180
Long-term debt 6,625 6,687
Deferred income taxes 127 73
Liabilities for pensions and other postretirement benefits 996 1,110
All other liabilities $ 1,480 $ 1,510
Common Unit, Issued 1,019 1,026
Common Unit, Outstanding 1,019 1,026
Members' Equity:    
Retained loss $ (17,067) $ (16,311)
Accumulated other comprehensive loss (2,809) (2,691)
Baker Hughes Holdings LLC equity 15,047 16,587
Noncontrolling interests 108 139
Total equity 15,155 16,726
Total liabilities and equity 33,816 35,286
Units Held by Baker Hughes    
Members' Equity:    
Common stock $ 34,923 $ 35,589