Baker Hughes Co
For the period ended Dec 31, 2023. Filed Feb 5, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 5, 2024
BKR$48.45+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Equity
| (In millions, except per share amounts) · Class A and Class B Common Stock · Capital in Excess of Par Value · Retained Earnings (Loss) · Accumulated Other Comprehensive Loss · Non-controlling Interests · Total | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at December 31, 2020 | — | $24,613 | $(9,942) | $(1,778) | $5,349 | $18,242 | |||||
| Comprehensive loss: | |||||||||||
| Net loss | (219) | (111) | (330) | ||||||||
| Other comprehensive loss | (135) | (16) | (151) | ||||||||
| Dividends on Class A Common Stock ($0.72 per share) | (592) | (592) | |||||||||
| Distributions to GE | (157) | (157) | |||||||||
| Effect of exchange of Class B common stock and associated BHH LLC Units for Class A common stock | 3,584 | (477) | (3,107) | — | |||||||
| Repurchase and cancellation of Class A common stock | (418) | 5 | (21) | (434) | |||||||
| Stock-based compensation cost | 205 | 205 | |||||||||
| Other | (17) | 1 | (21) | (37) | |||||||
| Balance at December 31, 2021 | — | 27,375 | (10,160) | (2,385) | 1,916 | 16,746 | |||||
| Comprehensive income (loss): | |||||||||||
| Net income (loss) | (601) | 23 | (578) | ||||||||
| Other comprehensive loss | (278) | (3) | (281) | ||||||||
| Dividends on Class A Common Stock ($0.73 per share) | (726) | (726) | |||||||||
| Distributions to GE | (17) | (17) | |||||||||
| Effect of exchange of Class B common stock and associated BHH LLC Units for Class A common stock | 2,060 | (309) | (1,751) | — | |||||||
| Repurchase and cancellation of Class A common stock | (823) | 1 | (6) | (828) | |||||||
| Stock-based compensation cost | 207 | 207 | |||||||||
| Other | 33 | (31) | 2 | ||||||||
| Balance at December 31, 2022 | — | 28,126 | (10,761) | (2,971) | 131 | 14,525 | |||||
| Comprehensive income (loss): | |||||||||||
| Net income | 1,943 | 27 | 1,970 | ||||||||
| Other comprehensive income | 175 | 175 | |||||||||
| Dividends on Class A Common Stock ($0.78 per share) | (786) | (786) | |||||||||
| Repurchase and cancellation of Class A common stock | (538) | (538) | |||||||||
| Stock-based compensation cost | 197 | 197 | |||||||||
| Other | (16) | (1) | (7) | (24) | |||||||
| Balance at December 31, 2023 | — | $26,983 | $(8,819) | $(2,796) | $151 | $15,519 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.