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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Financial Information
Segment revenue202220212020
Oilfield Services & Equipment$13,229 $12,028 $12,984 
Industrial & Energy Technology7,926 8,473 7,721 
Total$21,156 $20,502 $20,705 
Segment income (loss) before income taxes202220212020
Oilfield Services & Equipment$1,201 $830 $506 
Industrial & Energy Technology1,135 1,177 998 
Total segment2,336 2,006 1,504 
Corporate(416)(429)(464)
Inventory impairment (1)
(31)— (246)
Goodwill impairment— — (14,717)
Restructuring, impairment and other(682)(209)(1,866)
Separation related(23)(60)(134)
Other non-operating income (loss), net(881)(583)1,040 
Interest expense, net(252)(299)(264)
Income (loss) before income taxes$52 $428 $(15,146)
(1)Inventory impairments are reported in the "Cost of goods sold" caption of the consolidated statements of income (loss).
Schedule of Assets and Segment Depreciation and Amortization
The following table presents total assets by segment at December 31:
Segment assets20222021
Oilfield Services & Equipment$16,943 $17,711 
Industrial & Energy Technology12,286 11,480 
Total segment29,229 29,191 
Corporate and eliminations (1)
4,943 6,095 
Total $34,172 $35,286 
(1)The assets in Corporate and eliminations consist primarily of cash, the Baker Hughes trade name, our investment in C3 AI, certain facilities, and certain other noncurrent assets. It also includes adjustments to eliminate intercompany investments and receivables reflected within the total assets of each of our reportable segments.
The following table presents depreciation and amortization by segment:
Segment depreciation and amortization202220212020
Oilfield Services & Equipment$845 $874 $1,072 
Industrial & Energy Technology197 208 216 
Total Segment1,042 1,082 1,288 
Corporate19 23 29 
Total$1,061 $1,105 $1,317 
The following table presents capital expenditures by segment:
Segment capital expenditures202220212020
Oilfield Services & Equipment$791 $659 $743 
Industrial & Energy Technology183 182 196 
Total Segment974 841 939 
Corporate15 15 35 
Total$989 $856 $974 
Schedule of Revenues and Property, Plant and Equipment, Net
The following table presents consolidated revenue based on the location to where the product is shipped or the services are performed. Other than the U.S., no other country accounted for more than 10% of our consolidated revenue during the periods presented.
Revenue202220212020
U.S.$4,942 $4,497 $4,638 
Non-U.S.16,214 16,005 16,067 
Total$21,156 $20,502 $20,705 
The following table presents net property, plant and equipment by its geographic location at December 31:
Property, plant and equipment - net20222021
U.S.$1,554 $1,651 
Non-U.S.2,984 3,226 
Total$4,538 $4,877