← Baker Hughes Co

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $0 ($73.0m)
$195.0m +367.12%
$128.0m -34.36%
($9.9b) -7865.62%
($219.0m) +97.80%
($601.0m) -174.43%
$1.9b +423.29%
$3.0b +53.32%
$2.6b -13.13%
—
Net Income (Loss) Attributable to Noncontrolling Interest ($69.0m) ($278.0m) $88.0m $143.0m ($5.8b) ($111.0m) $23.0m $27.0m $29.0m $36.0m —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $334.0m ($242.0m) $283.0m $271.0m ($15.8b) ($330.0m) ($578.0m) $2.0b $3.0b $2.6b —
Amortization Cash Flow — — — — — — $222.0m $257.0m $266.0m $250.0m —
Amortization Of Intangibles — — — — — — $222.0m $257.0m $266.0m $250.0m $250.0m
Amortization of Intangible Assets $239.0m $387.0m $455.0m $365.0m $308.0m $253.0m $222.0m $257.0m $266.0m $250.0m —
Depreciation $311.0m $716.0m $1.0b $1.1b $1.0b $852.0m $839.0m $830.0m $870.0m $938.0m $938.0m
Depreciation Amortization Depletion — — — — — — $1.1b $1.1b $1.1b $1.2b $1.3b
Depreciation, Depletion and Amortization $550.0m $1.1b $1.5b $1.4b $1.3b $1.1b $1.1b $1.1b $1.1b $1.2b $1.3b
Depreciation, Nonproduction — — — — — — — — — $4.0m $1.3b
Benefit for deferred income taxes $39.0m $304.0m $249.0m $51.0m $160.0m $133.0m $105.0m ($59.0m) ($671.0m) ($702.0m) —
Deferred Tax — — — — — — $105.0m ($59.0m) ($671.0m) ($702.0m) ($627.0m)
Share-based Payment Arrangement, Noncash Expense — — — — — — $207.0m $197.0m $202.0m $203.0m $203.0m
Stock-based compensation cost — — — — $210.0m $205.0m $207.0m $197.0m $202.0m $203.0m $203.0m
Asset Impairment Charge — — — — — $7.0m $166.0m $34.0m $77.0m — $77.0m
Goodwill, Impairment Loss $0 $0 — — $14.8b $0 $0 — — — $77.0m
Impairment of Intangible Assets, Finite-lived — — — — $729.0m $0 $18.0m — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — — — — — — $0 —
Income (Loss) from Equity Method Investments $0 ($11.0m) ($139.0m) $0 $0 — — — — — —
Other Nonoperating Income (Expense) $27.0m $78.0m $202.0m ($84.0m) $1.0b ($583.0m) ($911.0m) $554.0m $382.0m ($243.0m) —
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — $211.0m $462.0m $24.0m $394.0m $1.1b
Change In Receivables — — — — — — ($701.0m) ($1.2b) ($255.0m) $681.0m ($295.0m)
Changes In Account Receivables — — — — — — ($625.0m) ($986.0m) ($159.0m) $358.0m ($295.0m)
Current receivables $278.0m ($1.2b) ($204.0m) ($583.0m) $680.0m ($126.0m) ($625.0m) ($986.0m) ($159.0m) $358.0m —
Increase (Decrease) in Accounts Receivable ($278.0m) $1.2b $204.0m $583.0m ($680.0m) $126.0m $625.0m $986.0m $159.0m ($358.0m) ($295.0m)
Change In Inventory — — — — — — ($885.0m) ($461.0m) ($102.0m) $79.0m $75.0m
Increase (Decrease) in Inventories ($345.0m) ($392.0m) $339.0m $200.0m $80.0m ($170.0m) $885.0m $461.0m $102.0m ($79.0m) $75.0m
Inventories $345.0m $392.0m ($339.0m) ($200.0m) ($80.0m) $170.0m ($885.0m) ($461.0m) ($102.0m) $79.0m $75.0m
Inventory Write-down $138.0m $157.0m $105.0m — $246.0m $0 $31.0m $35.0m $73.0m $22.0m —
Accounts payable ($256.0m) $303.0m $794.0m $249.0m ($711.0m) $246.0m $605.0m $61.0m $91.0m $11.0m $182.0m
Other operating items, net ($22.0m) ($59.0m) ($79.0m) ($305.0m) $227.0m $134.0m $145.0m $386.0m ($60.0m) ($319.0m) —
Net Cash Provided by (Used in) Operating Activities $262.0m
($799.0m) -404.96%
$1.8b +320.53%
$2.1b +20.66%
$1.3b -38.66%
$2.4b +82.06%
$1.9b -20.47%
$3.1b +62.18%
$3.3b +8.82%
$3.8b +14.35%
$4.4b +16.43%
Cash flows from investing activities:
Capital Expenditure — $665.0m $995.0m $1.2b $974.0m $856.0m ($989.0m) ($1.2b) ($1.3b) ($1.3b) ($1.3b)
Net cash paid for acquisitions ($1.0m) ($3.4b) ($89.0m) $0 — ($87.0m) ($767.0m) ($301.0m) $0 ($830.0m) —
Payments to Acquire Businesses, Net of Cash Acquired $1.0m $3.4b $89.0m $0 — — — $301.0m $0 $830.0m ($830.0m)
Net Other Investing Changes — — — — — — $166.0m $43.0m $170.0m $58.0m $182.0m
Other investing items, net ($67.0m) ($292.0m) $100.0m $30.0m $8.0m $187.0m $53.0m ($165.0m) ($33.0m) ($137.0m) —
Payments for (Proceeds from) Other Investing Activities $67.0m $292.0m ($100.0m) ($30.0m) ($8.0m) ($187.0m) ($53.0m) $165.0m $33.0m $137.0m —
Net cash flows used in investing activities ($472.0m) ($4.1b) ($578.0m) ($1.0b) ($618.0m) ($463.0m) ($1.6b) ($817.0m) ($1.0b) ($2.0b) —
Net Cash Provided by (Used in) Investing Activities ($472.0m) ($4.1b) ($578.0m) ($1.0b) ($618.0m) ($463.0m) ($1.6b) ($817.0m) ($1.0b) ($2.0b) ($574.0m)
Cash flows from financing activities:
Debt and Equity Securities, Gain (Loss) — — — — — — — — — ($103.0m) —
Debt and Equity Securities, Realized Gain (Loss) — — — — — — — — — ($103.0m) —
Debt and Equity Securities, Unrealized Gain (Loss) — — — — $1.4b ($843.0m) ($271.0m) $405.0m $341.0m — —
Issuance Of Debt — — — — — $1.2b $0 $0 — — $0
Long Term Debt Issuance — — — — — $1.2b $0 $0 — — $0
Long Term Debt Payments — — — — — — $0 ($651.0m) ($143.0m) $0 ($18.0m)
Net Issuance Payments Of Debt — — — — — — $0 ($651.0m) ($143.0m) $0 $9.9b
Net Long Term Debt Issuance — — — — — — $0 ($651.0m) ($143.0m) $0 $9.9b
Net Short Term Debt Issuance — — — — — ($832.0m) ($28.0m) $0 — — —
Proceeds from Issuance of Long-term Debt $0 $3.9b $0 $525.0m $500.0m $1.2b $0 $0 — — $0
Repayment Of Debt — — — — — — $0 ($651.0m) ($143.0m) $0 ($18.0m)
Repayment of long-term debt $0 ($177.0m) ($684.0m) ($570.0m) ($42.0m) ($1.3b) $0 ($651.0m) ($143.0m) $0 —
Repayments of Long-term Debt $0 $177.0m $684.0m $570.0m $42.0m $1.3b $0 $651.0m $143.0m $0 ($18.0m)
Short Term Debt Payments — — — — — ($832.0m) ($28.0m) $0 — — —
Common Stock Dividend Paid — — — — — — ($726.0m) ($786.0m) ($836.0m) ($910.0m) ($910.0m)
Common Stock Payments — — — — — — ($828.0m) ($538.0m) ($484.0m) ($384.0m) $0
Net Common Stock Issuance — — — — — — ($828.0m) ($538.0m) ($484.0m) ($384.0m) $0
Payments for Repurchase of Common Stock $0 $174.0m $387.0m $0 $0 $434.0m $828.0m $538.0m $484.0m $384.0m —
Payments of Ordinary Dividends, Common Stock $0 $155.0m $315.0m $395.0m $488.0m $592.0m $726.0m $786.0m $836.0m $910.0m ($910.0m)
Repurchase Of Capital Stock — — — — — — ($828.0m) ($538.0m) ($484.0m) ($384.0m) $0
Repurchase of Class A common stock $0 ($174.0m) ($387.0m) $0 $0 ($434.0m) ($828.0m) ($538.0m) ($484.0m) ($384.0m) —
Cash Dividends Paid $0 ($155.0m) ($315.0m) ($395.0m) ($488.0m) ($592.0m) ($726.0m) ($786.0m) ($836.0m) ($910.0m) ($910.0m)
Net Other Financing Charges — — — — — — ($38.0m) ($53.0m) ($64.0m) ($188.0m) ($225.0m)
Other financing items, net ($137.0m) ($184.0m) ($7.0m) $48.0m ($22.0m) ($24.0m) $7.0m ($53.0m) ($64.0m) ($188.0m) —
Proceeds from (Payments for) Other Financing Activities ($137.0m) ($184.0m) ($7.0m) $48.0m ($22.0m) ($24.0m) $7.0m ($53.0m) ($64.0m) ($188.0m) —
Net cash flows used in financing activities ($102.0m)
$10.9b +10804.90%
($4.4b) -139.96%
($1.5b) +64.84%
$225.0m +114.67%
($2.1b) -1052.44%
($1.6b) +25.71%
($2.0b) -27.39%
($1.5b) +24.70%
($1.5b) +2.95%
—
Net Cash Provided by (Used in) Financing Activities ($102.0m)
$10.9b +10804.90%
($4.4b) -139.96%
($1.5b) +64.84%
$225.0m +114.67%
($2.1b) -1052.44%
($1.6b) +25.71%
($2.0b) -27.39%
($1.5b) +24.70%
($1.5b) +2.95%
$8.8b +690.42%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($139.0m) $52.0m ($3.3b) ($474.0m) $883.0m ($279.0m) ($1.4b) $158.0m $718.0m $351.0m $15.7b
Beginning Cash Position — — — — — — $3.9b $2.5b $2.6b $3.4b $3.1b
Cash and cash equivalents, beginning of period $981.0m $7.0b $3.7b $3.2b $4.1b $3.9b $2.5b $2.6b $3.4b $3.7b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $3.7b $3.2b $4.1b $3.9b $2.5b $2.6b $3.4b $3.7b $15.7b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($139.0m) $52.0m ($128.0m) ($21.0m) ($28.0m) ($47.0m) ($97.0m) ($59.0m) ($71.0m) $67.0m $28.0m
Effect Of Exchange Rate Changes — — — — — — ($97.0m) ($59.0m) ($71.0m) $67.0m $28.0m
Effect of currency exchange rate changes on cash and cash equivalents ($139.0m) $52.0m ($128.0m) ($21.0m) ($28.0m) ($47.0m) ($97.0m) ($59.0m) ($71.0m) $67.0m —
Additional Supplementary Disclosures
Additional Supplementary Disclosures
(Gain) loss on business dispositions $0 $0 ($171.0m) $138.0m $353.0m $0 $451.0m ($40.0m) $0 $0 —
Additional Financial Items
Cash Flow From Continuing Financing Activities — — — — — — ($1.6b) ($2.0b) ($1.5b) ($1.5b) $8.8b
Cash Flow From Continuing Investing Activities — — — — — — ($1.6b) ($817.0m) ($1.0b) ($2.0b) ($574.0m)
Change In Account Payable — — — — — — $605.0m $61.0m $91.0m $11.0m $182.0m
Change In Cash Supplemental As Reported — — — — — — ($1.4b) $158.0m $718.0m $351.0m —
Change In Other Working Capital — — — — — — $1.2b $2.1b $290.0m ($377.0m) $1.2b
Change In Payable — — — — — — $605.0m $61.0m $91.0m $11.0m $182.0m
Change in fair value of equity securities — — — — — — — ($555.0m) ($367.0m) $103.0m —
Changes In Cash — — — — — — ($1.3b) $217.0m $789.0m $284.0m $12.6b
Contract and other deferred assets ($292.0m) ($570.0m) $129.0m ($60.0m) ($69.0m) $262.0m ($76.0m) ($211.0m) ($96.0m) $323.0m —
End Cash Position — — — — — — $2.5b $2.6b $3.4b $3.7b $15.7b
Equity Securities, FV-NI, Gain (Loss) — — — — — — — $435.0m $366.0m ($103.0m) —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — ($25.0m) $2.0m $1.4b ($845.0m) ($265.0m) — — — —
Expenditures for capital assets ($424.0m) ($665.0m) ($995.0m) ($1.2b) ($974.0m) ($856.0m) ($989.0m) ($1.2b) ($1.3b) ($1.3b) —
Financing Cash Flow — — — — — — ($1.6b)
($2.0b) -27.39%
($1.5b) +24.70%
($1.5b) +2.95%
$8.8b +690.42%
Free Cash Flow — — — — — — $899.0m $1.8b $2.1b $2.5b $3.1b
Gain (Loss) on Disposition of Business $0 $0 $171.0m ($138.0m) ($353.0m) $0 ($451.0m) $40.0m $0 $0 —
Gain Loss On Investment Securities — — — — — — $265.0m ($555.0m) ($367.0m) $103.0m ($275.0m)
Gain Loss On Sale Of Business — — — — — — $451.0m ($40.0m) $0 $0 ($697.0m)
Goodwill $6.7b $19.9b $20.7b $20.7b $6.0b $6.0b $5.9b $6.1b $6.1b $6.1b $77.0m
Income Tax Expense (Benefit) $250.0m $71.0m $258.0m $482.0m $559.0m $758.0m $600.0m $685.0m $257.0m $253.0m —
Income Taxes Paid, Net $317.0m $230.0m $424.0m $438.0m $441.0m $314.0m $498.0m $595.0m $1.0b $1.2b —
Increase in cash and cash equivalents ($451.0m) $6.0b ($3.3b) ($474.0m) $883.0m ($279.0m) ($1.4b) $158.0m $718.0m $351.0m —
Interest Paid, Excluding Capitalized Interest, Operating Activities $55.0m $109.0m $301.0m $285.0m $289.0m $305.0m $291.0m $309.0m $298.0m $294.0m —
Investing Cash Flow — — — — — — ($1.6b) ($817.0m) ($1.0b) ($2.0b) ($574.0m)
Net Business Purchase And Sale — — — — — — ($767.0m) ($8.0m) $0 ($830.0m) $551.0m
Net Investment Purchase And Sale — — — — — — $26.0m $372.0m $92.0m $1.0m $1.0m
Operating Costs and Expenses — — — — $36.7b $19.2b $20.0b — — — —
Operating Gains Losses — — — — — — $716.0m ($595.0m) ($367.0m) $103.0m ($275.0m)
Proceeds from Contributions from Parent $0 $7.4b $0 $0 — — — — — — —
Proceeds from business dispositions $0 $20.0m $453.0m $77.0m $187.0m $70.0m $0 $293.0m $0 $0 —
Proceeds from disposal of assets $20.0m $172.0m $458.0m $264.0m $187.0m $315.0m $217.0m $208.0m $203.0m $195.0m —
Proceeds from sale of equity securities — — — — — $147.0m $26.0m $372.0m $92.0m $1.0m —
Progress collections and deferred income ($719.0m) ($293.0m) ($27.0m) $1.1b $396.0m ($72.0m) $1.1b $1.6b $273.0m ($58.0m) —
Purchase Of Business — — — — — — ($767.0m) ($301.0m) $0 ($830.0m) ($830.0m)
Sale Of Business — — — — — — $0 $293.0m $0 $0 $1.4b
Sale Of Investment — — — — — — $26.0m $372.0m $92.0m $1.0m $1.0m
Stock Based Compensation — — — — — — $207.0m $197.0m $202.0m $203.0m $203.0m
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.