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Quarterly Data (Unaudited)
12 Months Ended
Dec. 31, 2018
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
2018
 
 
 
 
 
Revenue
$
5,399

$
5,548

$
5,665

$
6,264

$
22,877

Gross profit (1)
841

936

973

1,236

3,986

Restructuring, impairment and other (2)
162

146

66

59

433

Merger and related costs
46

50

17

41

153

Net income (loss) attributable to Baker Hughes, a GE company
70

(19
)
13

131

195

Basic earnings (loss) per Class A common share
0.17

(0.05
)
0.03

0.28

0.46

Diluted earnings (loss) per Class A common share
0.17

(0.05
)
0.03

0.28

0.45

Cash dividend per Class A common share
0.18

0.18

0.18

0.18

0.72

 
 
 
 
 
 
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

(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 2018 and 2017. See "Note 20. Restructuring, Impairment and Other" for further discussion.