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Consolidated Condensed Balance Sheets (Unaudited) (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Current Assets:  
Cash and cash equivalents$ 803$ 1,456
Short-term investments0250
Accounts receivable - less allowance for doubtful accounts (2011 - $223; 2010 - $162)4,9773,942
Inventories, net3,0532,594
Deferred income taxes254234
Other current assets254231
Total current assets9,3418,707
Property, plant and equipment - net of accumulated depreciation (2011 - $5,035; 2010 - $4,367)6,9666,310
Goodwill5,9475,869
Intangible assets, net1,4941,569
Other assets603531
Total assets24,35122,986
Current Liabilities:  
Accounts payable1,6881,496
Short-term borrowings and current portion of long-term debt54331
Accrued employee compensation686589
Income taxes payable53219
Other accrued liabilities517504
Total current liabilities2,9983,139
Long-term debt3,8463,554
Deferred income taxes and other tax liabilities1,1251,360
Liabilities for pensions and other postretirement benefits469483
Other liabilities150164
Commitments and contingencies  
Stockholders' Equity:  
Common stock436432
Capital in excess of par value7,2447,005
Retained earnings8,3137,083
Accumulated other comprehensive loss(447)(420)
Baker Hughes stockholders' equity15,54614,100
Noncontrolling interest217186
Total stockholders' equity15,76314,286
Total liabilities and stockholders' equity$ 24,351$ 22,986