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Consolidated and Combined Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash, cash equivalents and restricted cash [1] $ 3,723 $ 7,030
Current receivables, net 5,969 6,015
Inventories, net 4,620 4,507
All other current assets 659 872
Total current assets 14,971 18,424
Property, plant and equipment, less accumulated depreciation 6,228 6,959
Goodwill 20,717 19,927
Other intangible assets, net 5,719 6,358
Contract and other deferred assets 1,894 2,044
All other assets 1,838 2,073
Deferred income taxes 1,072 715
Total assets [1] 52,439 56,500
Current Liabilities:    
Accounts payable 4,025 3,377
Short-term debt and current portion of long-term debt [1] 942 2,037
Progress collections and deferred income 1,765 1,775
All other current liabilities 2,288 2,038
Total current liabilities 9,020 9,227
Long-term debt 6,285 6,312
Deferred income taxes 143 490
Liabilities for pensions and other employee benefits 1,018 1,172
All other liabilities 960 889
Equity:    
Capital in excess of par value 18,659 15,083
Retained earnings (loss) 25 (103)
Accumulated other comprehensive loss (1,219) (703)
Baker Hughes, a GE company equity 17,465 14,277
Noncontrolling interests 17,548 24,133
Total equity 35,013 38,410
Total liabilities and equity 52,439 56,500
Class A    
Equity:    
Common stock 0 0
Class B    
Equity:    
Common stock $ 0 $ 0
[1] Total assets include $896 million and $1,124 million of assets held on behalf of GE, of which $747 million and $997 million is cash and cash equivalents and $149 million and $127 million is investment securities at December 31, 2018 and December 31, 2017, respectively, and a corresponding amount of liability is reported in short-term borrowings. See "Note 18. Related Party Transactions" for further details.