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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Schedule of new accounting pronouncements
The change in historical periods to our statements of income (loss) related to the adoption of the standard is summarized below (in millions, except per share amounts):
 
Three Months Ended
 
Year Ended
 
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
 
December 31, 2017
December 31, 2016
Revenue:
 
 
 
 
 
 
 
Sales of goods
$
86

$
13

$
37

$
27

 
$
163

$
(26
)
Sales of services
(50
)
(86
)
(33
)
(74
)
 
(243
)
(161
)
Total revenue
36

(73
)
4

(47
)
 
(80
)
(187
)
 
 
 
 
 
 
 
 
Operating loss
(14
)
(64
)
(6
)
(91
)
 
(175
)
(226
)
 
 
 
 
 
 
 
 
Net income (loss)
1

(84
)
(10
)
(57
)
 
(150
)
(149
)
Net income (loss) attributable to BHGE
1

(31
)


 
(30
)

 
 
 
 
 
 
 
 
Per share amounts:
 
 
 
 
 
 
 
Basic and diluted loss per Class A common stock

(0.07
)
 
 
 
(0.07
)
 
The increase (decrease) to our statement of financial position related to the adoption of the standard is summarized below:

December 31, 2017
ASSETS
 
Current receivables, net
$
1

Inventories, net
(83
)
Contract and other deferred assets
(701
)
Deferred income taxes
233

 
 
LIABILITIES AND EQUITY
 
Progress collections and deferred income
$
394

All other current liabilities
(64
)
Deferred income taxes
(34
)
All other liabilities
(83
)
Baker Hughes, a GE company equity
(432
)
Noncontrolling interests
(331
)
The change in historical periods to our statements of income (loss) related to the adoption of ASU No. 2017-07 is summarized below:
 
Three Months Ended
 
Year Ended
 
March 31, 2018
March 31, 2017
 
December 31, 2017
December 31, 2016
Operating income (loss)
$
(5
)
$
2

 
$
(1
)
$
24

Non operating income (loss)
5

(2
)
 
1

(24
)