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Quarterly Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Data [Abstract]  
Quarterly Data (Unaudited)
QUARTERLY DATA (UNAUDITED)

(In millions, except per share amounts)
First
Quarter
Second
Quarter
Third Quarter
Fourth Quarter
Total
Year
2017
 
 
 
 
 
Revenue
$
3,064

$
3,015

$
5,301

$
5,799

$
17,179

Gross profit (1)
687

539

952

858

3,036

Restructuring, impairment and other (2)
42

59

191

119

412

Merger and related costs
66

85

159

63

373

Net income (loss) attributable to Baker Hughes, a GE company


(134
)
31

(103
)
Basic earnings (loss) per Class A common share




(0.31
)
0.07

(0.24
)
Diluted earnings (loss) per Class A common share
 
 
(0.31
)
0.07

(0.24
)
Cash dividend per Class A common share




0.17

0.18

0.35

Common stock market prices:
 
 
 
 
 
High


37.91

36.86

 
Low




32.54

29.73

 
 
 
 
 
 
 
2016
 
 
 
 
 
Revenue
$
3,361

$
3,210

$
3,073

$
3,438

$
13,082

Gross profit (1)
712

661

766

793

2,932

Restructuring, impairment and other (2)
147

228

77

64

516

Merger and related costs
5

3

2

23

33

Net income (loss) attributable to Baker Hughes, a GE company





(1) 
Represents revenue less cost of sales and cost of services.
(2) 
Restructuring, impairment and other costs associated with asset impairments, workforce reductions, facility closures and contract terminations recorded during 2017 and 2016. See "Note 20. Restructuring, Impairment and Other" for further discussion.