BAKER HUGHES a GE (BHI) 10-Q 30 Jul 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Jul. 19, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Baker Hughes a GE Co LLC
Entity Central Index Key	808,362
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		0

Condensed Consolidated and Comb

Condensed Consolidated and Combined Statements of Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue:
Revenues	$ 5,548	$ 3,015	$ 10,947	$ 6,079
Costs and expenses:
Cost of goods sold	2,752	1,944	5,552	3,790
Cost of services sold	1,860	532	3,618	1,064
Selling, general and administrative expenses	662	461	1,336	953
Restructuring, impairment and other	146	59	308	101
Merger and related costs	50	85	96	151
Total costs and expenses	5,470	3,081	10,910	6,059
Operating income (loss)	78	(66)	37	20
Other non operating income, net	43	50	45	58
Interest expense, net	(63)	(14)	(109)	(34)
Income (loss) before income taxes and equity in loss of affiliate	58	(30)	(27)	44
Equity in loss of affiliate	(34)	0	(54)	0
Benefit (provision) for income taxes	(62)	10	(100)	2
Net income (loss)	(38)	(20)	(181)	46
Less: Net income attributable to noncontrolling interests	13	6	13	4
Net income (loss) attributable to Baker Hughes, a GE company, LLC	$ (51)	$ (26)	$ (194)	42
Cash Dividend
Costs and expenses:
Cash distribution per common unit (in dollars per unit)	$ 0.18		$ 0.36
Sales of goods
Revenue:
Revenues	$ 3,119	$ 2,270	$ 6,279	4,509
Sales of services
Revenue:
Revenues	$ 2,429	$ 745	$ 4,668	$ 1,570

Condensed Consolidated and Com3

Condensed Consolidated and Combined Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (38)	$ (20)	$ (181)	$ 46
Less: Net income attributable to noncontrolling interests	13	6	13	4
Net income (loss) attributable to Baker Hughes, a GE company, LLC	(51)	(26)	(194)	42
Other comprehensive income (loss):
Investment securities	(2)	(25)	(2)	1
Foreign currency translation adjustments	(536)	(119)	(224)	(73)
Cash flow hedges	(6)	5	1	9
Benefit plans	5	(2)	2	(3)
Other comprehensive loss	(539)	(141)	(223)	(66)
Less: Other comprehensive income (loss) attributable to noncontrolling interests	(1)	1	(1)	3
Other comprehensive loss attributable to Baker Hughes, a GE company, LLC	(538)	(142)	(222)	(69)
Comprehensive loss	(577)	(161)	(404)	(20)
Less: Comprehensive income attributable to noncontrolling interests	12	7	12	7
Comprehensive loss attributable to Baker Hughes, a GE company, LLC	$ (589)	$ (168)	$ (416)	$ (27)

Condensed Consolidated and Com4

Condensed Consolidated and Combined Statements of Financial Position (Unaudited) - USD ($) $ in Millions		Jun. 30, 2018		Dec. 31, 2017
Current assets:
Cash, cash equivalents and restricted cash (1)		$ 4,859	[1]	$ 7,026
Current receivables, net		6,167		6,128
Inventories, net		4,675		4,507
All other current assets		850		872
Total current assets		16,551		18,533
Property, plant and equipment (net of accumulated depreciation of $3,348 and $2,817)		6,335		6,959
Goodwill		20,463		19,654
Other intangible assets, net		5,973		6,358
Contract and other deferred assets		1,911		2,044
All other assets		1,513		2,073
Deferred income taxes		1,187		715
Total assets (1)		53,933		56,336
Current liabilities:
Accounts payable		3,581		3,377
Short-term debt and current portion of long-term debt (1)	[1]	1,067		2,037
Progress collections and deferred income		1,630		1,775
All other current liabilities		2,356		2,046
Total current liabilities		8,634		9,235
Long-term debt		6,319		6,312
Deferred income taxes		113		332
Liabilities for pensions and other postretirement benefits		1,100		1,172
All other liabilities		1,073		889
Members' equity:
Members' capital (common units 1,100 and 1,129, issued and outstanding as of June 30, 2018 and December 31, 2017, respectively)		39,356		40,678
Retained loss		(668)		(541)
Accumulated other comprehensive loss		(2,103)		(1,881)
Baker Hughes, a GE company, LLC members' equity		36,585		38,256
Noncontrolling interests		109		140
Total equity		36,694		38,396
Total liabilities and equity		$ 53,933		$ 56,336
[1]	Total assets include $939 million and $1,124 million of assets held on behalf of GE, of which $783 million and $997 million is cash and cash equivalents and $156 million and $127 million is investment securities at June 30, 2018 and December 31, 2017, respectively, and a corresponding amount of liability is reported in short-term borrowings. See "Note 15. Related Party Transactions" for further details.

Condensed Consolidated and Com5

Condensed Consolidated and Combined Statements of Financial Position (Unaudited) (Parenthetical) - USD ($) shares in Millions, $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Property, plant and equipment, accumulated depreciation	$ 3,348	$ 2,817
Common unit, issued (in units)	1,100	1,129
Common unit, outstanding (in units)	1,100	1,129

Condensed Consolidated and Com6

Condensed Consolidated and Combined Statements of Changes in Members' Equity (Unaudited) - USD ($) $ in Millions	Total	Common Unitholders	Parent's Net Investment	Retained Loss	Accumulated Other Comprehensive Loss	Non-controlling Interests	Cash Dividend	Cash DividendCommon Unitholders
Beginning balance at Dec. 31, 2016	$ 14,280	$ 0	$ 16,001	$ 0	$ (1,888)	$ 167
Stockholders' Equity
Net income (loss)	46		42			4
Other comprehensive income (loss)	(66)				(69)	3
Changes in Parent's net investment	1,939		1,939
Other	4					4
Ending balance at Jun. 30, 2017	16,203	0	17,982	0	(1,957)	178
Beginning balance at Dec. 31, 2017	38,396	40,678	0	(541)	(1,881)	140
Stockholders' Equity
Effect of adoption of ASU 2016-16 on taxes (1)	67			67
Net income (loss)	(181)			(194)		13
Other comprehensive income (loss)	(223)				(222)	(1)
Cash distribution to members ($0.36 per unit)							$ (403)	$ (403)
Repurchase of common units	(1,000)	(1,000)
BHGE stock-based compensation cost	60	60
Other	(22)	21				(43)
Ending balance at Jun. 30, 2018	$ 36,694	$ 39,356	$ 0	$ (668)	$ (2,103)	$ 109

Condensed Consolidated and Com7

Condensed Consolidated and Combined Statements of Changes in Members' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018
Cash Dividend
Cash distribution per common unit (in dollars per unit)	$ 0.18		$ 0.36

Condensed Consolidated and Com8

Condensed Consolidated and Combined Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018		Jun. 30, 2017
Cash flows from operating activities:
Net income (loss)	$ (181)		$ 46
Adjustments to reconcile net income (loss) to net cash flows from operating activities:
Depreciation and amortization	780		290
Provision for deferred income taxes	(165)		(29)
Changes in operating assets and liabilities:
Current receivables	(30)		(101)
Inventories	(282)		176
Accounts payable	309		78
Progress collections and deferred income	(137)		(166)
Contract and other deferred assets	126		(217)
Other operating items, net	6		(466)
Net cash flows from (used in) operating activities	426		(389)
Cash flows from investing activities:
Expenditures for capital assets	(411)		(143)
Proceeds from disposal of assets	181		12
Other investing items, net	68		1
Net cash flows used in investing activities	(162)		(130)
Cash flows from financing activities:
Net repayments of short-term debt and other borrowings	(300)		(45)
Repayment of long-term debt	(648)		0
Net transfer from Parent	0		1,575
Distributions to members	(403)		0
Repurchase of common units	(1,025)		0
Other financing items, net	(5)		14
Net cash flows from (used in) financing activities	(2,381)		1,544
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	(50)		17
Increase (decrease) in cash, cash equivalents and restricted cash	(2,167)		1,041
Cash, cash equivalents and restricted cash, beginning of period	7,026		981
Cash, cash equivalents and restricted cash, end of period	4,859	[1]	2,021
Supplemental cash flows disclosures:
Income taxes paid	218		129
Interest paid	$ 157		$ 14
[1]	Total assets include $939 million and $1,124 million of assets held on behalf of GE, of which $783 million and $997 million is cash and cash equivalents and $156 million and $127 million is investment securities at June 30, 2018 and December 31, 2017, respectively, and a corresponding amount of liability is reported in short-term borrowings. See "Note 15. Related Party Transactions" for further details.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES DESCRIPTION OF THE BUSINESS Baker Hughes, a GE company, LLC, a Delaware limited liability company (the Company, BHGE LLC, we, us, or our), and the successor to Baker Hughes Incorporated, a Delaware corporation (Baker Hughes) is a world-leading, fullstream oilfield technology provider that has a unique mix of equipment and service capabilities. We conduct business in more than 120 countries and employ approximately 64,000 employees. On July 3, 2017 , we completed the combination of the oil and gas business (GE O&G) of General Electric Company (GE) and Baker Hughes (the Transactions). GE owns approximately 62.5% of our common units and Baker Hughes, a GE company (BHGE) owns approximately 37.5% of our common units indirectly through two wholly owned subsidiaries. BASIS OF PRESENTATION In connection with the Transactions, we entered into and are governed by an Amended & Restated Limited Liability Company Agreement, dated as of July 3, 2017 (the BHGE LLC Agreement). Under the BHGE LLC Agreement, EHHC Newco, LLC (EHHC), a wholly owned subsidiary of BHGE, is our sole managing member and BHGE is the sole managing member of EHHC. As our managing member, EHHC conducts, directs and exercises full control over all our activities, including our day-to-day business affairs and decision-making, without the approval of any other member. As such, EHHC is responsible for all our operational and administrative decisions and the day-to-day management of our business. The Transactions were treated as a "reverse acquisition" for accounting purposes and, as such, the historical financial statements of the accounting acquirer, GE O&G, are the historical financial statements of the Company. The accompanying unaudited condensed consolidated and combined financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. and such principles, U.S. GAAP) and pursuant to the rules and regulations of the SEC for interim financial information. All intercompany accounts and transactions have been eliminated. In the opinion of management, the condensed consolidated and combined financial statements reflect all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of the results of operations, financial position and cash flows of the Company and its subsidiaries for the periods presented and are not indicative of the results that may be expected for a full year. The Company's financial statements have been prepared on a consolidated basis, effective July 3, 2017 , following consummation of the Transactions. Under this basis of presentation, our financial statements consolidate all of our subsidiaries (entities in which we have a controlling financial interest, most often because we hold a majority voting interest). All subsequent periods will also be presented on a consolidated basis. For all periods prior to July 3, 2017 , the Company's financial statements were prepared on a combined basis. The combined financial statements combine certain accounts of GE and its subsidiaries that were historically managed as part of its Oil & Gas business and contributed to BHGE LLC as part of the Transactions (refer to "Note 3. Business Acquisition" for further details on the Transactions). Additionally, it also includes certain assets, liabilities and results of operations of other businesses of GE that were also contributed to BHGE LLC as part of the Transactions on a fully retrospective basis (in accordance with the guidance applicable to transactions between entities under common control) based on their carrying values, as reflected in the accounting records of GE. The condensed consolidated and combined statements of income reflect intercompany expense allocations made to us by GE for certain corporate functions and for shared services provided by GE. See "Note 15. Related Party Transactions" for further information on expenses allocated by GE. The historical financial results in the condensed consolidated and combined financial statements presented may not be indicative of the results that would have been achieved had GE O&G operated as a separate, stand-alone entity during those periods. The GE O&G numbers in the condensed consolidated and combined statements of income (loss) have been reclassed to conform to the current presentation. We believe that the current presentation is a more appropriate presentation of the combined businesses. Merger and related costs includes all costs associated with the Transactions. Refer to "Note 3. Business Acquisition" for further details. In the notes to unaudited condensed consolidated and combined financial statements, all dollar and unit amounts in tabulations are in millions of dollars and units, respectively, unless otherwise indicated. Certain columns and rows in our financial statements and notes thereto may not add due to the use of rounded numbers. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Please refer to "Note 1. Basis of Presentation and Summary of Significant Accounting Policies," to our consolidated and combined financial statements from our Annual Report on Form 10-K for the year ended December 31, 2017 (2017 Annual Report) for the discussion of our significant accounting policies. Please refer to the 'New Accounting Standards Adopted' section of this Note for changes to our accounting policies. Cash, Cash Equivalents and Restricted Cash As of June 30, 2018 , and December 31, 2017 , we had $975 million and $1,190 million , respectively, of cash held in bank accounts that cannot be released, transferred or otherwise converted into a currency that is regularly transacted internationally, due to lack of market liquidity, capital controls or similar monetary or exchange limitations limiting the flow of capital out of the jurisdiction. These funds are available to fund operations and growth in these jurisdictions and we do not currently anticipate a need to transfer these funds to the U.S. Included in these amounts is $604 million and $764 million , as of June 30, 2018 and December 31, 2017 , respectively, held on behalf of GE. Cash, cash equivalents and restricted cash includes a total of $783 million and $997 million of cash at June 30, 2018 and December 31, 2017 , respectively, held on behalf of GE, and a corresponding liability is reported in short-term borrowings. See "Note 15. Related Party Transactions" for further details. As a result of adopting Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2016-18, Statement of Cash Flows: Restricted Cash , we reclassified our restricted cash of $7 million from ‘all other assets’ to cash, cash equivalents and restricted cash as of December 31, 2017. At June 30, 2018 , such cash is no longer considered restricted in nature. NEW ACCOUNTING STANDARDS ADOPTED On January 1, 2018, we adopted the FASB ASU No. 2014-09, Revenue from Contracts with Customers, and the related amendments (ASC 606). We elected to adopt the new standard using the full retrospective method, where the standard was applied to each prior reporting period presented and the cumulative effect of applying the standard was recognized at January 1, 2016. This standard requires us to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time based on when control of goods and services transfer to a customer. As a result, we changed the presentation of our financial statements, including: (1) timing of revenue recognition, and (2) changes in classification between revenue and costs. The standard has no cash impact and, as such, does not affect the economics of our underlying customer contracts. Our policy on recognizing revenue is as follows: Revenue from Sale of Equipment Performance Obligations Satisfied Over Time We recognize revenue on agreements for sales of goods manufactured to unique customer specifications, including long-term construction projects, on an over-time basis utilizing cost inputs as the measurement criteria in assessing the progress toward completion. Our estimate of costs to be incurred to fulfill our promise to a customer is based on our history of manufacturing or constructing similar assets for customers and is updated routinely to reflect changes in quantity or pricing of the inputs. We begin to recognize revenue on these contracts when the contract specific inventory becomes customized for a customer, which is reflective of our initial transfer of control of the incurred costs. We provide for potential losses on any of these agreements when it is probable that we will incur the loss. Our billing terms for these over-time contracts vary, but are generally based on achieving specified milestones. The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. Performance Obligations Satisfied at a Point In Time We recognize revenue for non-customized equipment at the point in time that the customer obtains control of the good, which is no earlier than when the customer has physical possession of the product. Equipment for which we recognize revenue at a point in time include goods we manufacture on a standardized basis for sale to the market. We use proof of delivery for certain large equipment with more complex logistics associated with the shipment, whereas the delivery of other equipment is determined based on historical data of transit times between regions. On occasion we sell products with a right of return. We use our accumulated experience to estimate and provide for such returns when we record the sale. In situations where arrangements include customer acceptance provisions based on seller or customer-specified objective criteria, we recognize revenue when we have concluded that the customer has control of the goods and that acceptance is likely to occur. Our billing terms for these point in time equipment contracts vary, but are generally based on shipment of the goods to the customer. Revenue from Sale of Services Performance Obligations Satisfied Over Time We sell product services under long-term product maintenance or extended warranty agreements in our Turbomachinery & Process Solutions and Oilfield Equipment segments. These agreements require us to maintain the customers' assets over the service agreement contract terms, which generally range from 10 to 20 years. In general, these are contractual arrangements to provide services, repairs, and maintenance of a covered unit (gas turbines for mechanical drive or power generation, primarily on LNG applications, drilling rigs). These services are performed at various times during the life of the contract, thus the costs of performing services are incurred on other than a straight-line basis. We recognize related sales based on the extent of our progress toward completion measured by actual costs incurred in relation to total expected costs. We provide for any loss that we expect to incur on any of these agreements when that loss is probable. BHGE utilizes historical customer data, prior product performance data, statistical analysis, third-party data, and internal management estimates to calculate contract-specific margins. In certain contracts, the total transaction price is variable based on customer utilization, which is excluded from the contract margin until the period that the customer has utilized to appropriately reflect the revenue activity in the period earned. Our billing terms for these contracts are generally based on the occurrence of a major maintenance event within the contract or asset utilization (i.e. usage per hour). The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. Performance Obligations Satisfied at a Point In Time We sell certain tangible products, largely spare equipment, through our services business. We recognize revenues for this equipment at the point in time that the customer obtains control of the good, which is at the point in time we deliver the spare part to the customer. Our billing terms for these point in time service contracts vary, but are generally based on shipment of the goods to the customer. Impact of Adoption As a result of the adoption of the standard, the timing of revenue recognition on our long-term product service agreements is affected. Although we continue to recognize revenue over time on these contracts, there are changes to how contract modifications, termination clauses and purchase options are accounted for by us. In particular, under the previous standard, the cumulative impact from a contract modification on revenue already recorded is recognized in the period in which the modification is agreed. Under the new standard, the impact from certain types of modifications is recognized over the remaining life of the contract. The change in historical periods to our statements of income (loss) related to the adoption of the standard is summarized below: 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 income (loss) (14 ) (64 ) (6 ) (91 ) (175 ) (226 ) Net income (loss) and net income (loss) attributable to BHGE, LLC 1 (84 ) (10 ) (57 ) (150 ) (149 ) 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 ) Total equity (763 ) The cumulative impact to our retained earnings (included in our net parent investment) as of January 1, 2016 was a reduction of $432 million . On January 1, 2018, we adopted the FASB ASU No. 2016-16, Accounting for Income Taxes: Intra-Entity Asset Transfers of Assets Other than Inventory . The ASU eliminated the deferral of tax effects of intra-entity asset transfers other than inventory. As a result, the tax expense from the intercompany sale of assets, other than inventory, and associated changes to deferred taxes are recognized when the sale occurs even though the pre-tax effects of the transaction have not been recognized. The effect of the adoption of the standard was an increase to retained earnings of $67 million as of January 1, 2018 with no other impact to our financial statements. Future earnings will be reduced in total by this amount. The effect of the change on future transactions will depend on the nature and amount of future transactions as it will affect the timing of recognition of both tax expenses and tax benefits, with no change in the associated cash flows. On January 1, 2018, we adopted the FASB ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost , which changed the income statement presentation of net periodic benefit cost by requiring separation between the service cost component and all other components. The service cost component is presented as an operating expense with other similar compensation costs arising for services rendered by the pertinent employees during the period. The non operating components are presented outside of income from operations. 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 December 31, 2017 September 30, 2017 June 30, 2017 March 31, 2017 December 31, 2017 December 31, 2016 Operating income (loss) (5 ) (7 ) 9 2 (1 ) 24 Non operating income (loss) 5 7 (9 ) (2 ) 1 (24 ) NEW ACCOUNTING STANDARDS TO BE ADOPTED In February 2018, the FASB issued ASU No. 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220) : Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The ASU provides that the stranded tax effects from the Tax Cuts and Jobs Act on the balance of other comprehensive earnings may be reclassified to retained earnings. The ASU is effective for periods beginning after December 15, 2018, with an election to adopt early. We are evaluating the effect of the standard on our financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases . The new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition. Similarly, lessors will be required to classify leases as sales-type, finance or operating, with classification affecting the pattern of income recognition. Classification for both lessees and lessors will be based on an assessment of whether risks and rewards as well as substantive control have been transferred through a lease contract. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, with early adoption permitted. In January 2018, the FASB issued a draft ASU that proposed an alternative transition method, which allows companies to apply the provisions of the new leasing standard on January 1, 2019 through recognition of a cumulative-effect adjustment to retained earnings as of January 1, 2019 (i.e. without retrospectively adjusting comparative periods). We will conclude on the transition method once this draft ASU is finalized. We are currently in the process of evaluating our existing lease portfolios, including accumulating all the necessary information required to properly account for the leases under the new standard. Additionally, we are implementing an enterprise-wide lease management system to assist in the accounting and are evaluating additional changes to our processes and internal controls to ensure we meet the standard’s reporting and disclosure requirements. While we continue to evaluate the effect of the standard on our ongoing financial reporting, we anticipate that the adoption of the ASU will result in the recognition of a material right of use asset and related liability with an immaterial effect to our retained earnings. All other new accounting pronouncements that have been issued but not yet effective are currently being evaluated and at this time are not expected to have a material impact on our financial position or results of operations.

Revenue Related to Contracts Wi

Revenue Related to Contracts With Customers	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue Related to Contracts with Customers	REVENUE RELATED TO CONTRACTS WITH CUSTOMERS DISAGGREGATED REVENUE We disaggregate our revenue from contracts with customers by primary geographic markets. Three Months Ended June 30, Six Months Ended June 30, Total Revenue 2018 2017 2018 2017 U.S. $ 1,560 $ 700 $ 3,043 $ 1,421 Non-U.S. 3,988 2,315 7,904 4,658 Total $ 5,548 $ 3,015 $ 10,947 $ 6,079 REMAINING PERFORMANCE OBLIGATIONS As of June 30, 2018 , the aggregate amount of the transaction price allocated to the unsatisfied (or partially unsatisfied) performance obligations was $20.9 billion . We expect to recognize revenue of approximately 44% , 62% and 89% of the total remaining performance obligations within 2 , 5 , and 15 years, respectively, and the remaining thereafter. As part of our adoption of ASC 606, we elected to not disclose the amount of transaction price allocated to remaining performance obligations for the periods prior to adoption.

Business Acquisition

Business Acquisition	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Business Acquisition	BUSINESS ACQUISITION On July 3, 2017, we closed the Transactions to combine GE O&G and Baker Hughes. The Transactions were executed using a partnership structure, pursuant to which GE O&G and Baker Hughes each contributed their operating assets to the Company. The fair value of the consideration exchanged was $24,798 million . The tables below present the fair value of assets acquired and liabilities assumed and the associated fair value of the noncontrolling interest related to the acquired net assets of Baker Hughes. The final determination of the fair value of assets and liabilities was concluded in the second quarter of 2018. Identifiable assets acquired and liabilities assumed Fair value at July 3, 2017 Assets Cash and equivalents $ 4,133 Current receivables 2,342 Inventories 1,712 Property, plant and equipment 4,514 Intangible assets (1) 4,005 Deferred income taxes (2) 30 All other assets 1,335 Liabilities Accounts payable (1,213 ) Borrowings (3,370 ) Liabilities for pension and other postretirement benefits (654 ) All other liabilities (1,670 ) Total identifiable net assets $ 11,164 Noncontrolling interest associated with net assets acquired (35 ) Goodwill (3) 13,669 Total purchase consideration $ 24,798 (1) Intangible assets, as provided in the table below, are recorded at fair value, as determined by management based on available information. The estimated useful lives for intangible assets were determined based upon the remaining useful economic lives of the intangible assets that are expected to contribute directly or indirectly to future cash flows. We consider the Baker Hughes trade name to be an indefinite life intangible asset, which will not be amortized and will be subject to an annual impairment test. Fair Value Estimated Weighted Trade name - Baker Hughes $ 2,100 Indefinite life Customer relationships 1,240 15 Patents and technology 465 10 In-process research and development 70 Indefinite life Capitalized software 64 2 Trade names - other 45 10 Favorable lease contracts & others 21 10 Total $ 4,005 (2) Includes approximately $83 million of net deferred tax liabilities related to the fair value of intangible assets included in the purchase consideration and approximately $113 million of other net deferred tax assets, including non-U.S. loss carryforwards net of valuation allowances partially offset by liabilities for unrecognized benefits. (3) Goodwill represents the excess of the total purchase consideration over fair value of the net assets recognized and represents the future economic benefits that we believe will result from combining the operations of GE O&G and Baker Hughes, including expected future synergies and operating efficiencies. Goodwill resulting from the Transactions has been primarily allocated to the Oilfield Services segment, of which $67 million is deductible for tax purposes. See "Note 6. Goodwill and Other Intangible Assets" for allocation of goodwill to all the segments. During the six months ended June 30, 2018, the Company made measurement period adjustments to reflect facts and circumstances in existence as of the acquisition date. These adjustments resulted in an increase in goodwill from 2017 year end of $891 million primarily due to a reduction in the fair value of property, plant and equipment of $362 million , equity method investments of $228 million , intangible assets of $123 million and an increase in other liabilities of $314 million primarily related to uncertain tax positions, warranty, and other sundry liabilities. As a result of the decrease in property, plant and equipment and intangible assets during the six months ended June 30, 2018, we recorded a cumulative decrease to depreciation and amortization expense of $33 million . We reclassified certain balances to conform to our current presentation. INCOME TAXES BHGE LLC is treated as a partnership for U.S. federal income tax purposes. As such, we are not subject to U.S. federal income tax under current U.S. tax laws. BHGE LLC's foreign subsidiaries, however, have incurred current and deferred foreign income taxes. Our members are each required to take into account for U.S. federal income tax purposes their distributive share of the items of income, gain, loss and deduction, which generally includes our U.S. operations. BHGE and GE are each taxed on their distributive share of income and gain, whether or not a corresponding amount of cash or other property is distributed to them. For assets held indirectly by us through subsidiaries, the taxes attributable to those subsidiaries will be reflected in our condensed consolidated and combined financial statements. MERGER AND RELATED COSTS Acquisition costs of $50 million and $85 million , during the three months ended June 30, 2018 and 2017 , respectively, and $96 million and $151 million during the six months ended June 30, 2018 and 2017 , respectively, were expensed as incurred and were reported as merger and related costs. Such costs include professional fees of advisors and integration and synergy costs related to the combination of Baker Hughes and GE O&G. UNAUDITED PRO FORMA INFORMATION The following unaudited pro forma information has been presented as if the Transactions occurred on January 1, 2016. This information has been prepared by combining the historical results of GE O&G and historical results of Baker Hughes. The unaudited pro forma combined financial data for all periods presented were adjusted to give effect to pro forma events that 1) are directly attributable to the Transactions, 2) factually supportable, and 3) expected to have a continuing impact on the consolidated results of operations. The adjustments are based on information available to the Company at this time. Accordingly, the adjustments are subject to change and the impact of such changes may be material. The unaudited pro forma results do not include any incremental cost savings that may result from the integration. The unaudited combined pro forma information is for informational purposes only and is not necessarily indicative of what the combined company's results actually would have been had the acquisition been completed as of the beginning of the periods as indicated. In addition, the unaudited pro forma information does not purport to project the future results of the combined company. Significant adjustments to the pro forma information below include recognition of non-recurring direct incremental acquisition costs in 2016 and exclusion of those costs from all other periods presented; amortization associated with an estimate of the acquired intangible assets; depreciation associated with an estimate of the fair value step-up of property, plant and equipment; and reduction of interest expense for fair value adjustments to debt. Three Months Ended June 30, 2017 Six Months Ended June 30, 2017 Revenue $ 5,417 $ 10,741 Net loss (241 ) (261 ) Net loss attributable to the Company (247 ) (264 )

Current Receivables

Current Receivables	6 Months Ended
	Jun. 30, 2018
Receivables [Abstract]
Current Receivables	CURRENT RECEIVABLES Current receivables are comprised of the following: June 30, 2018 December 31, 2017 Customer receivables $ 4,891 $ 4,700 Related parties 873 914 Other 736 844 Total current receivables 6,500 6,458 Less: Allowance for doubtful accounts (333 ) (330 ) Total current receivables, net $ 6,167 $ 6,128 Customer receivables are recorded at the invoiced amount. Related parties primarily consists of amounts owed to us by GE. The "Other" category primarily consists of advance payments to suppliers, indirect taxes and other tax receivables.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2018
Inventory, Net [Abstract]
Inventories	INVENTORIES Inventories, net of reserves of $413 million and $360 million as of June 30, 2018 and December 31, 2017 , respectively, are comprised of the following: June 30, 2018 December 31, 2017 Finished goods $ 2,656 $ 2,577 Work in process and raw material 2,019 1,930 Total inventories, net $ 4,675 $ 4,507 We recorded $15 million and $4 million during the three months ended June 30, 2018 and 2017 , respectively, and $76 million and $19 million during the six months ended June 30, 2018 and 2017 , respectively, of inventory impairments as a result of certain restructuring activities initiated by the Company. Charges for inventory impairments are reported in the "Cost of goods sold" caption of the condensed consolidated and combined statements of income (loss).

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL The changes in the carrying value of goodwill are detailed below by segment: Oilfield Services Oilfield Equipment Turbo-machinery & Process Solutions Digital Solutions Total Balance at December 31, 2016, gross $ 2,779 $ 3,852 $ 1,814 $ 1,989 $ 10,434 Accumulated impairment at December 31, 2016 (2,633 ) (867 ) — (254 ) (3,754 ) Balance at December 31, 2016 146 2,985 1,814 1,735 6,680 Acquisition (1) 12,778 — — — 12,778 Currency exchange and others 8 49 92 47 196 Balance at December 31, 2017 12,932 3,034 1,906 1,782 19,654 Purchase accounting adjustments (1) (174 ) 242 394 429 891 Currency exchange and others (18 ) (36 ) (23 ) (5 ) (82 ) Balance at June 30, 2018 $ 12,740 $ 3,240 $ 2,277 $ 2,206 $ 20,463 (1) Includes goodwill associated with the acquisition of Baker Hughes. The final determination of fair value of the assets and liabilities and the related goodwill associated with the acquisition of Baker Hughes was concluded in the second quarter of 2018. Of the total goodwill of $13,669 million resulting from the acquisition of Baker Hughes, $ 12,604 million is allocated to our Oilfield Services segment and the remainder to our other segments based on the expected benefit from the synergies of the acquisition. In addition to our annual impairment testing on July 1 each year, we also test goodwill for impairment between annual impairment testing dates whenever events or circumstances occur that, in our judgment, could more likely than not reduce the fair value of one or more reporting units below its carrying amount. In assessing the possibility that a reporting unit's fair value has been reduced below its carrying amount due to the occurrence of events or circumstances between annual impairment testing dates, we consider all available evidence, including (but not limited to) (i) the results of our impairment testing at the prior annual impairment testing date (in particular, the magnitude of the excess of fair value over carrying value observed), (ii) downward revisions to internal forecasts (and the magnitude thereof), if any, and (iii) declines in our market capitalization below our book value (and the magnitude and duration of those declines), if any. Since the merger with Baker Hughes, our Oilfield Equipment (OFE) reporting unit has had consecutive quarters of operating losses, which prompted the Company to evaluate whether circumstances had changed that would more likely than not reduce the fair value of the reporting unit below its carrying amount. While conducting this evaluation, the Company considered macroeconomic and industry conditions, overall financial performance of the reporting unit and preliminary long-term forecasts, among other factors, all of which require considerable judgment. After considering the totality of the events and circumstances, the Company concluded that an interim impairment test was not required. The Company will perform its annual goodwill impairment test during the third quarter of 2018 and there can be no assurance that the estimates and assumptions made for purposes of this qualitative evaluation will prove to be an accurate prediction of future results. Factors that could impact the final determination of fair value in connection with the completion of the annual goodwill impairment process include a sustained decline in market capitalization, changes in the estimated fair values of OFE’s assets and liabilities, changes in projected future earnings and net cash flows, changes in market related multiples, and changes in valuation related assumptions such as discount rates and perpetual growth rates. As of June 30, 2018 , we believe that the goodwill is recoverable for all four reporting units, however, there can be no assurances that the goodwill will not be impaired in future periods. OTHER INTANGIBLE ASSETS Intangible assets are comprised of the following: June 30, 2018 December 31, 2017 Gross Accumulated Net Gross Accumulated Net Technology $ 1,102 $ (496 ) $ 606 $ 1,177 $ (440 ) $ 737 Customer relationships 3,169 (899 ) 2,270 3,202 (819 ) 2,383 Capitalized software 1,114 (762 ) 352 1,130 (697 ) 433 Trade names and trademarks 726 (223 ) 503 757 (159 ) 598 Other 14 (1 ) 13 10 — 10 Finite-lived intangible assets 6,125 (2,381 ) 3,744 6,276 (2,115 ) 4,161 Indefinite-lived intangible assets (1) 2,229 — 2,229 2,197 — 2,197 Total intangible assets $ 8,354 $ (2,381 ) $ 5,973 $ 8,473 $ (2,115 ) $ 6,358 (1) Indefinite-lived intangible assets are principally comprised of the Baker Hughes trade name. Intangible assets are generally amortized on a straight-line basis with estimated useful lives ranging from 1 to 30 years. Amortization expense for the three months ended June 30, 2018 and 2017 was $101 million and $86 million , respectively, and $240 million and $149 million , respectively, for the six months ended June 30, 2018 and 2017 . During the six months ended June 30, 2018 , we incurred additional amortization expense of $68 million due to the acquisition of Baker Hughes. In addition, we incurred $32 million and $69 million of accelerated amortization during the three and six months ended June 30, 2018 related to trade names and technology that we ceased to use during the second quarter of 2018 as a result of the combination of Baker Hughes and GE O&G. Estimated amortization expense for the remainder of 2018 and each of the subsequent five fiscal years is expected to be as follows: Year Estimated Amortization Expense Remainder of 2018 $ 185 2019 367 2020 331 2021 283 2022 247 2023 226

Contract and Other Deferred Ass

Contract and Other Deferred Assets	6 Months Ended
	Jun. 30, 2018
Deferred Revenue Disclosure [Abstract]
Contract and Other Deferred Assets	CONTRACT AND OTHER DEFERRED ASSETS A majority of our long-term product service agreements relate to our Turbomachinery & Process Solutions segment. Contract assets reflect revenue earned in excess of billings on our long-term contracts to construct technically complex equipment, long-term product maintenance or extended warranty arrangements and other deferred contract related costs. Contract assets are comprised of the following: June 30, 2018 December 31, 2017 Long-term product service agreements $ 593 $ 589 Long-term equipment contract revenue (1) 1,059 1,095 Contract assets (total revenue in excess of billings) (2) 1,652 1,684 Deferred inventory costs (3) 245 360 Non-recurring engineering costs 14 — Contract and other deferred assets $ 1,911 $ 2,044 (1) Reflects revenue earned in excess of billings on our long-term contracts to construct technically complex equipment. (2) Contract assets (total revenue in excess of billings) were $1,233 million as of January 1, 2017. (3) Deferred inventory costs were $276 million as of January 1, 2017, which represents cost deferral for shipped goods and other costs where the criteria for revenue recognition has not yet been met. Revenue recognized during the three months ended June 30, 2018 and 2017 from performance obligations satisfied (or partially satisfied) in previous periods related to our long-term service agreements was $12 million and $10 million , respectively, and $22 million and $40 million during the six months ended June 30, 2018 and 2017 , respectively. This includes revenue recognized from revisions to cost or billing estimates that may affect a contract’s total estimated profitability resulting in an adjustment of earnings.

Progress Collections and Deferr

Progress Collections and Deferred Income	6 Months Ended
	Jun. 30, 2018
Revenue Recognition and Deferred Revenue [Abstract]
Progress Collections and Deferred Income	PROGRESS COLLECTIONS AND DEFERRED INCOME Contract liabilities include progress collections, which reflects billings in excess of revenue, and deferred income on our long-term contracts to construct technically complex equipment, long-term product maintenance or extended warranty arrangements. Contract liabilities are comprised of the following: June 30, 2018 December 31, 2017 Progress collections $ 1,466 $ 1,456 Deferred income 164 319 Progress collections and deferred income (contract liabilities) (1) $ 1,630 $ 1,775 (1) Progress collections and deferred income (contract liabilities) were $2,038 million at January 1, 2017. Revenue recognized during the three months ended June 30, 2018 and 2017 that was included in the contract liabilities at the beginning of the period was $404 million and $506 million , respectively, and $1,006 million and $1,035 million , respectively, during the six months ended June 30, 2018 and 2017 .

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Borrowings	BORROWINGS Short-term and long-term borrowings are comprised of the following: June 30, 2018 December 31, 2017 Short-term borrowings Short-term bank borrowings $ 55 $ 171 Current portion of long-term borrowings — 639 Short-term borrowings from GE 939 1,124 Other borrowings 73 103 Total short-term borrowings $ 1,067 $ 2,037 Long-term borrowings 3.2% Senior Notes due August 2021 $ 525 $ 526 2.773% Senior Notes due December 2022 1,244 1,244 8.55% Debentures due June 2024 133 135 3.337% Senior Notes due December 2027 1,342 1,342 6.875% Notes due January 2029 302 308 5.125% Notes due September 2040 1,309 1,311 4.08% Senior Notes due December 2047 1,336 1,337 Capital leases 111 87 Other long-term borrowings 17 22 Total long-term borrowings 6,319 6,312 Total borrowings $ 7,386 $ 8,349 We have a five -year $3 billion committed unsecured revolving credit facility (the 2017 Credit Agreement) with commercial banks maturing in July 2022. The 2017 Credit Agreement contains certain customary representations and warranties, certain affirmative covenants and no negative covenants. Upon the occurrence of certain events of default, our obligations under the 2017 Credit Agreement may be accelerated. Such events of default include payment defaults to lenders under the 2017 Credit Agreement, and other customary defaults. No such events of default have occurred. During the six months ended June 30, 2018 , there were no borrowings under the 2017 Credit Agreement. We have a commercial paper program under which it may issue from time to time up to $3 billion in commercial paper with maturities of no more than 397 days. At June 30, 2018 , we had no borrowings outstanding under the commercial paper program. The maximum combined borrowing at any time under both the 2017 Credit Agreement and the commercial paper program is $3 billion . Concurrent with the Transactions associated with the acquisition of Baker Hughes on July 3, 2017, Baker Hughes Co-Obligor, Inc. became a co-obligor, jointly and severally with us, on our registered debt securities. This co-obligor is a 100% -owned finance subsidiary of us that was incorporated for the sole purpose of serving as a co-obligor of debt securities and has no assets or operations other than those related to its sole purpose. Baker Hughes Co-Obligor, Inc. is also a co-obligor of the $3,950 million senior notes issued in December 2017 by us in a private placement and subsequently registered in January 2018. The estimated fair value of total borrowings at June 30, 2018 and December 31, 2017 was $7,061 million and $8,466 million , respectively. For a majority of our borrowings the fair value was determined using quoted period-end market prices. Where market prices are not available, we estimate fair values based on valuation methodologies using current market interest rate data adjusted for our non-performance risk. See "Note 15. Related Party Transactions" for additional information on the short-term borrowings from GE.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2018
Retirement Benefits [Abstract]
Employee Benefits Plans	EMPLOYEE BENEFIT PLANS Certain of our U.S. employees are covered under various U.S. GE employee benefit plans, including GE's retirement plans (pension, retiree health and life insurance, and savings benefit plans). In addition, certain United Kingdom (UK) employees participate in the GE UK Pension Plan. We are allocated relevant participation costs for these GE employee benefit plans as part of multi-employer plans. As such, we have not recorded any liabilities associated with our participation in these plans. Expenses associated with our participation in these plans was $43 million and $45 million in the three months ended June 30, 2018 and 2017 , respectively, and $80 million and $71 million in the six months ended June 30, 2018 and 2017 , respectively. In addition to these GE plans, certain of our employees are also covered by company sponsored employee defined benefit plans. These defined benefit plans include seven U.S. plans and six non-U.S. plans, primarily in the UK, Germany, and Canada, all with plan assets or obligations greater than $20 million . We use a December 31 measurement date for these plans. These defined benefit plans generally provide benefits to employees based on formulas recognizing length of service and earnings. The components of net periodic cost (benefit) of plans sponsored by us are as follows for the three and six months ended June 30, 2018 and 2017 : Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Service cost $ 5 $ 5 $ 10 $ 8 Interest cost 18 7 36 14 Expected return on plan assets (30 ) (10 ) (60 ) (20 ) Amortization of net actuarial loss 2 2 4 5 Net periodic cost (benefit) $ (5 ) $ 4 $ (10 ) $ 7 The service cost component of the net periodic cost (benefit) is included in operating income (loss) and all other components are included in non operating income (loss) in our condensed consolidated and combined statements of income (loss).

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES We are treated as a partnership for U.S. federal income tax purposes. As such, except for certain U.S. corporations owned by the Company, we are not subject to U.S. federal income tax under current U.S. tax laws. Our members are each required to take into account for U.S. federal income tax purposes their distributive share of our items of income, gain, loss and deduction, which generally includes the U.S. operations of both Baker Hughes and GE O&G. BHGE and GE are each taxed on their distributive share of income and gain, whether or not a corresponding amount of cash or other property is distributed to them. For assets held indirectly by us through subsidiaries, including both foreign and U.S., the taxes attributable to those subsidiaries are reflected in our condensed consolidated and combined financial statements. On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (U.S. tax reform) that lowers the statutory tax rate on U.S. earnings, taxes historic foreign earnings previously deferred from U.S. taxation at a reduced rate of tax (transition tax), establishes a territorial tax system and enacts new taxes associated with global operations. The transition tax associated with our non-U.S. operations will be borne by our members. The impact of U.S. tax reform was recorded on a provisional basis as the legislation provides for additional guidance to be issued by the U.S. Department of the Treasury on several provisions including the computation of the transition tax which could impact the calculation of the transition tax charge and the revaluation of deferred taxes. In addition, analysis performed and conclusions reached as part of the tax return filing process and additional guidance on accounting for tax reform could affect the provisional amount. Additionally, as part of U.S. tax reform, the U.S. has enacted a tax on "base eroding" payments from the U.S. and a minimum tax on foreign earnings (global intangible low-taxed income) that would be borne by our members. Due to the fact certain aspects of the new law and the effect on our operations are uncertain and the accounting rules associated with this provision have not been resolved, our members have not made a provisional accrual for the deferred tax aspects of this provision and have not yet made an accounting policy election on the deferred tax treatment of this tax. For the quarter ended June 30, 2018 , income tax expense was $62 million compared to a tax benefit of $10 million in the second quarter of 2017. The difference between the U.S. statutory tax rate of 21% and the current effective rate is primarily due to $46 million related to losses with no tax benefit due to valuation allowances and $10 million of withholding taxes in certain jurisdictions. Since we are a partnership for U.S. federal tax purposes, any tax benefits associated with U.S. losses are recognized by our members and not reflected in our tax expense. The prior year quarter reflects 100% of the taxes associated with U.S. and non-U.S. earnings of the GE O&G business. For the six months ended June 30, 2018 , income tax expense was $100 million compared to a tax benefit of $2 million for the six months ended June 30, 2017 . The difference between the U.S. statutory tax rate of 21% and the current effective rate is primarily due to $96 million related to losses with no tax benefit due to valuation allowances and $17 million of withholding taxes in certain jurisdictions. Since we are a partnership for U.S. federal tax purposes, any tax benefits associated with U.S. losses are recognized by our members and not reflected in our tax expense. The prior year period reflects 100% of the taxes associated with U.S. and non-U.S. earnings of the GE O&G business.

Members' Equity

Members' Equity	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Members' Equity	MEMBERS' EQUITY COMMON UNITS The BHGE LLC Agreement provides that initially there is one class of common units, which are currently held by BHGE, indirectly through EHHC and CFC Holdings, LLC (CFC Holdings), and by GE and certain indirectly wholly-owned subsidiaries of GE. If BHGE issues a share of Class A common stock, including in connection with an equity incentive or similar plan, we will also issue a corresponding common unit to BHGE or one of its direct subsidiaries. For the three and six months ended June 30, 2018, we issued 542 thousand and 924 thousand , respectively, of common units to BHGE in connection with the issuance of Class A common stock by BHGE. As of June 30, 2018, GE owns approximately 62.5% of our common units and BHGE owns approximately 37.5% of the common units. The following table presents the changes in number of common units outstanding (in thousands): Common Units Held by BHGE Common Units Held by GE Balance at December 31, 2017 422,208 706,985 Issue of units to BHGE under equity incentive plan 924 — Repurchase of common units (1) (11,501 ) (19,241 ) Balance at June 30, 2018 411,631 687,743 (1) On November 2, 2017, BHGE's board of directors authorized us to repurchase up to $3 billion of our common units from BHGE and GE. During the three months and six months ended June 30, 2018 , we repurchased and canceled 13,927,859 and 30,742,152 units for a total of $500 million and $1 billion , respectively. At June 30, 2018, we had authorization remaining to repurchase up to approximately $1.5 billion of common units from BHGE and GE. ACCUMULATED OTHER COMPREHENSIVE LOSS (AOCL) The following tables present the changes in accumulated other comprehensive loss, net of tax: Investment Securities Foreign Currency Translation Adjustments Cash Flow Hedges Benefit Plans Accumulated Other Comprehensive Loss Balance at December 31, 2017 $ 1 $ (1,824 ) $ 2 $ (60 ) $ (1,881 ) Other comprehensive income (loss) before reclassifications (1 ) (224 ) 1 4 (220 ) Amounts reclassified from accumulated other comprehensive income (loss) — — — — — Deferred taxes (1 ) — — (2 ) (3 ) Other comprehensive income (loss) (2 ) (224 ) 1 2 (223 ) Less: Other comprehensive income (loss) attributable to noncontrolling interests — (1 ) — (1 ) Balance at June 30, 2018 $ (1 ) $ (2,047 ) $ 3 $ (58 ) $ (2,103 ) Investment Securities Foreign Currency Translation Adjustments Cash Flow Hedges Benefit Plans Accumulated Other Comprehensive Loss Balance at December 31, 2016 $ — $ (1,795 ) $ (10 ) $ (83 ) $ (1,888 ) Other comprehensive income (loss) before reclassifications 39 (63 ) 2 (5 ) (27 ) Amounts reclassified from accumulated other comprehensive income (loss) (38 ) — 9 (2 ) (31 ) Deferred taxes — (10 ) (2 ) 4 (8 ) Other comprehensive income (loss) 1 (73 ) 9 (3 ) (66 ) Less: Other comprehensive income attributable to noncontrolling interests 1 1 — 1 3 Balance at June 30, 2017 $ — $ (1,869 ) $ (1 ) $ (87 ) $ (1,957 ) The amounts reclassified from accumulated other comprehensive loss during the six months ended June 30, 2018 and 2017 represent realized gains on investment securities, foreign exchange contracts on our cash flow hedges (see "Note 13. Financial Instruments" for additional details) and amortization of net actuarial gain (loss) and prior service credit, which are included in the computation of net periodic pension cost (see "Note 10. Employee Benefit Plans" for additional details). These reclassifications are recorded across the various cost and expense line items within the condensed consolidated and combined statements of income (loss).

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	FINANCIAL INSTRUMENTS RECURRING FAIR VALUE MEASUREMENTS Our assets and liabilities measured at fair value on a recurring basis consists of derivative instruments and investment securities. June 30, 2018 December 31, 2017 Level 1 Level 2 Level 3 Net Balance Level 1 Level 2 Level 3 Net Balance Assets Derivatives $ — $ 221 $ — $ 221 $ — $ 150 $ — $ 150 Investment securities 66 — 310 376 81 8 304 393 Total assets 66 221 310 597 81 158 304 543 Liabilities Derivatives — (248 ) — (248 ) — (95 ) — (95 ) Total liabilities $ — $ (248 ) $ — $ (248 ) $ — $ (95 ) $ — $ (95 ) There were no transfers between Level 1, 2 and 3 during the six months ended June 30, 2018 . The following table provides a reconciliation of recurring Level 3 fair value measurements for investment securities: Balance at December 31, 2017 $ 304 Purchases 36 Proceeds at maturity (30 ) Balance at June 30, 2018 $ 310 The most significant unobservable input used in the valuation of our Level 3 instruments is the discount rate. Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value of our investment securities. There are no unrealized gains or losses recognized in the condensed consolidated and combined statement of income (loss) on account of any Level 3 instrument still held at the reporting date. At June 30, 2018 and December 31, 2017, we held $156 million and $127 million , respectively, of these investment securities on behalf of GE. June 30, 2018 December 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Investment securities Non-U.S. debt securities $ 309 $ 1 $ — $ 310 $ 310 $ 2 $ — $ 312 Equity securities 66 — — 66 81 — — 81 Total $ 375 $ 1 $ — $ 376 $ 391 $ 2 $ — $ 393 All of our non-U.S. debt securities are classified as available for sale instruments and mature within three years. FAIR VALUE DISCLOSURE OF FINANCIAL INSTRUMENTS Our financial instruments include cash, cash equivalents and restricted cash, current receivables, investments, accounts payable, short and long-term debt, and derivative financial instruments. Except for long-term debt, the estimated fair value of these financial instruments at June 30, 2018 and December 31, 2017 approximates their carrying value as reflected in our condensed consolidated and combined financial statements. For further information on the fair value of our debt, see "Note 9. Borrowings." DERIVATIVES AND HEDGING We use derivatives to manage our risks and do not use derivatives for speculation. The table below summarizes the fair value of all derivatives, including hedging instruments and embedded derivatives. June 30, 2018 December 31, 2017 Assets (Liabilities) Assets (Liabilities) Derivatives accounted for as hedges Currency exchange contracts $ 2 $ (1 ) $ 6 $ — Derivatives not accounted for as hedges Currency exchange contracts 219 (247 ) 144 (95 ) Total derivatives $ 221 $ (248 ) $ 150 $ (95 ) Derivatives are classified in the captions "All other current assets," "All other assets," "All other current liabilities," and "All other liabilities" depending on their respective maturity date. RISK MANAGEMENT STRATEGY We buy, manufacture and sell components and products as well as provide services across global markets. These activities expose us to changes in foreign currency exchange rates and commodity prices, which can adversely affect revenues earned and costs of operating our business. When the currency in which we sell equipment differs from the primary currency (known as its functional currency) and the exchange rate fluctuates, it will affect the revenue we earn on the sale. These sales and purchase transactions also create receivables and payables denominated in foreign currencies, along with other monetary assets and liabilities, which expose us to foreign currency gains and losses based on changes in exchange rates. Changes in the price of a raw material that we use in manufacturing can affect the cost of manufacturing. We use derivatives to mitigate or eliminate these exposures. FORMS OF HEDGING Cash Flow Hedges We use cash flow hedging primarily to reduce or eliminate the effects of foreign exchange rate changes on purchase and sale contracts. Accordingly, the vast majority of our derivative activity in this category consists of currency exchange contracts. We also use commodity derivatives to reduce or eliminate price risk on raw materials purchased for use in manufacturing. Economic Hedges These derivatives are not designated as hedges from an accounting standpoint (and therefore we do not apply hedge accounting to the relationship) but otherwise serve the same economic purpose as other hedging arrangements. Some economic hedges are used when changes in the carrying amount of the hedged item are already recorded in earnings in the same period as the derivative, making hedge accounting unnecessary. For some other types of economic hedges, changes in the fair value of the derivative are recorded in earnings currently but changes in the value of the forecasted foreign currency cash flows are only recognized in earnings when they occur. As a result, even though the derivative is an effective economic hedge, there is a net effect on earnings in each period due to differences in the timing of earnings recognition between the derivative and the hedged item. These derivatives are marked to fair value through earnings each period. NOTIONAL AMOUNT OF DERIVATIVES The notional amount of a derivative is the number of units of the underlying (for example, the notional principal amount of the debt in an interest rate swap). A substantial majority of the outstanding notional amount of $10.5 billion and $10.2 billion at June 30, 2018 and December 31, 2017 , respectively, is related to hedges of anticipated sales and purchases in foreign currency, commodity purchases, and contractual terms in contracts that are considered embedded derivatives and for intercompany borrowings in foreign currencies. We generally disclose derivative notional amounts on a gross basis to indicate the total counterparty risk. Where we have gross purchase and sale derivative contracts for a particular currency, we look to execute these contracts with the same counterparty to reduce our exposure. The corresponding net notional amounts were $2.8 billion and $3.3 billion at June 30, 2018 and December 31, 2017 , respectively. The table below provides additional information about how derivatives are reflected in our condensed consolidated and combined financial statements. Carrying amount related to derivatives June 30, 2018 December 31, 2017 Derivative assets $ 221 $ 150 Derivative liabilities (248 ) (95 ) Net derivatives $ (27 ) $ 55 EFFECTS OF DERIVATIVES ON EARNINGS All derivatives are marked to fair value on our condensed consolidated and combined statement of financial position, whether they are designated in a hedging relationship for accounting purposes or are used as economic hedges. As discussed in the previous sections, each type of hedge affects the financial statements differently. In some economic hedges, both the hedged item and the hedging derivative offset in earnings in the same period. In other economic hedges, the hedged item and the hedging derivative offset in earnings in different periods. In cash flow, the effective portion of the hedging derivative is offset in separate components of equity and ineffectiveness is recognized in earnings. The table below summarizes these offsets and the net effect on pre-tax earnings. Three Months Ended June 30, Six Months Ended June 30, Cash Flow Hedges Economic Hedges Cash Flow Hedges Economic Hedges 2018 2017 2018 2017 2018 2017 2018 2017 Effect on hedging instrument $ (7 ) $ 4 $ (10 ) $ 9 $ 1 $ 2 $ 7 $ 1 Effect on underlying 7 (4 ) (9 ) (9 ) (1 ) (2 ) (24 ) — Effect on earnings (1) $ — $ — $ (19 ) $ — $ — $ — $ (17 ) $ 1 (1) For cash flow hedges, the effect on earnings, if any, is primarily related to ineffectiveness. For economic hedges on forecasted transactions, the effect on earnings is substantially offset by future earnings on economically hedged items. Changes in the fair value of cash flow hedges are recorded in a separate component of equity (referred to below as Accumulated Other Comprehensive Income, or AOCI) and are recorded in earnings in the period in which the hedged transaction occurs. The table below summarizes this activity by hedging instrument. Three Months Ended June 30, Six Months Ended June 30, Gain (Loss) Recognized in AOCI Gain (Loss) Reclassified from AOCI to Earnings Gain (Loss) Recognized in AOCI Gain (Loss) Reclassified from AOCI to Earnings 2018 2017 2018 2017 2018 2017 2018 2017 Currency exchange contracts $ (7 ) $ 4 $ — $ (2 ) $ 1 $ 2 $ — $ (8 ) We expect to transfer $2 million to earnings as an expense in the next 12 months contemporaneously with the earnings effects of the related forecast transactions. At June 30, 2018 and December 31, 2017 , the maximum term of derivative instruments that hedge forecast transactions was two -years and three -years, respectively. See "Note 12. Members' Equity" for additional information about reclassification out of accumulated other comprehensive income. For cash flow hedges, the amount of ineffectiveness in the hedging relationship and amount of the changes in fair value of the derivatives that are not included in the measurement of ineffectiveness were insignificant for each reporting period. COUNTERPARTY CREDIT RISK Fair values of our derivatives can change significantly from period to period based on, among other factors, market movements and changes in our positions. We manage counterparty credit risk (the risk that counterparties will default and not make payments to us according to the terms of our agreements) on an individual counterparty basis.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION Our operating segments are organized based on the nature of markets and customers. We report our operating results through four operating segments as described below. OILFIELD SERVICES Oilfield Services provides products and services for onshore and offshore operations across the lifecycle of a well, ranging from drilling, evaluation, completion, production and intervention. Products and services include diamond and tri-cone drill bits, drilling services, including directional drilling technology, measurement while drilling & logging while drilling, downhole completion tools and systems, wellbore intervention tools and services, wireline services, drilling and completions fluids, oilfield and industrial chemicals, pressure pumping, and artificial lift technologies, including electrical submersible pumps. OILFIELD EQUIPMENT Oilfield Equipment provides a broad portfolio of products and services required to facilitate the safe and reliable flow of hydrocarbons from the subsea wellhead to the surface. Products and services include pressure control equipment and services, subsea production systems and services, drilling equipment, and flexible pipeline systems. Oilfield Equipment designs and manufactures onshore and offshore drilling and production systems and equipment for floating production platforms and provides a full range of services related to onshore and offshore drilling activities. TURBOMACHINERY & PROCESS SOLUTIONS Turbomachinery & Process Solutions provides equipment and related services for mechanical-drive, compression and power-generation applications across the oil and gas industry as well as products and services to serve the downstream segments of the industry including refining, petrochemical, distributed gas, flow and process control and other industrial applications. The Turbomachinery & Process Solutions portfolio includes drivers (aero-derivative gas turbines, heavy-duty gas turbines and synchronous and induction electric motors), compressors (centrifugal and axial, direct drive high speed, integrated, subsea compressors, turbo expanders and reciprocating), turn-key solutions (industrial modules and waste heat recovery), pumps, valves, and compressed natural gas (CNG) and small-scale liquefied natural gas (LNG) solutions used primarily for shale oil and gas field development. DIGITAL SOLUTIONS Digital Solutions provides equipment and services for a wide range of industries, including oil & gas, power generation, aerospace, metals, and transportation. The offerings include sensor-based measurement, non-destructive testing and inspection, turbine, generator and plant controls and condition monitoring, as well as pipeline integrity solutions. SEGMENT RESULTS Summarized financial information is shown in the following tables. Consistent accounting policies have been applied by all segments within the Company, for all reporting periods. The current period results may not be comparable to prior periods as the current period includes the results of Baker Hughes. Three Months Ended June 30, Six Months Ended June 30, Segments revenue 2018 2017 2018 2017 Oilfield Services $ 2,884 $ 228 $ 5,562 $ 440 Oilfield Equipment 617 681 1,281 1,397 Turbomachinery & Process Solutions 1,385 1,586 2,845 3,230 Digital Solutions 662 520 1,260 1,011 Total $ 5,548 $ 3,015 $ 10,947 $ 6,079 The performance of our operating segments is evaluated based on segment operating income (loss), which is defined as income (loss) before income taxes and equity in loss of affiliate and before the following: net interest expense, net other non operating income (loss), corporate expenses, restructuring, impairment and other charges, inventory impairments, merger and related costs and certain gains and losses not allocated to the operating segments. Three Months Ended June 30, Six Months Ended June 30, Segment income (loss) before income taxes 2018 2017 2018 2017 Oilfield Services $ 189 $ (66 ) $ 330 $ (123 ) Oilfield Equipment (12 ) 17 (18 ) 67 Turbomachinery & Process Solutions 113 122 232 374 Digital Solutions 96 79 169 163 Total segment 387 152 714 481 Corporate (98 ) (70 ) (196 ) (190 ) Inventory impairment (1) (15 ) (4 ) (76 ) (19 ) Restructuring, impairment and other (146 ) (59 ) (308 ) (101 ) Merger and related costs (50 ) (85 ) (96 ) (151 ) Other non operating income, net 43 50 45 58 Interest expense, net (63 ) (14 ) (109 ) (34 ) Total $ 58 $ (30 ) $ (27 ) $ 44 (1) Charges for inventory impairments are reported in the "Cost of goods sold" caption of the condensed consolidated and combined statements of income (loss).

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS Following the Transactions, GE and its affiliates have provided and continue to provide a variety of services to us. In connection with the Transactions on July 3, 2017 , we entered into various agreements with GE and its affiliates that govern our relationship with GE following the Transactions including an Intercompany Services Agreement pursuant to which GE and its affiliates and the Company provide certain services to each other. GE provides certain administrative services, GE proprietary technology and use of certain GE trademarks in consideration for a payment of $55 million per year. Costs of $14 million and $28 million , respectively, related to the Intercompany Services Agreement were incurred during the three and six months ended June 30, 2018 . GE may also provide us with certain additional administrative services under the Intercompany Services Agreement, not included as consideration for the $55 million per year payment, and the fees for such services are based on actual usage of such services and historical GE intercompany pricing. In addition, we provide GE and its affiliates with confidential access to certain of our proprietary technology and related developments and enhancements thereto related to GE's operations, products or service offerings. Prior to the Transactions, GE and its affiliates provided a variety of services and funding to us. The cost of these services was either (a) recognized through our allocated portion of GE's corporate overhead; or (b) billed directly to us. Costs of $38 million and $76 million for the three and six months ended June 30, 2017 were recorded in our condensed consolidated and combined statement of income (loss) in respect of services provided by GE and its affiliates prior to the close of the Transactions. We sold $84 million and $225 million of products and services to GE and its affiliates during the three months ended June 30, 2018 and 2017 respectively, and $184 million and $374 million , during the six months ended June 30, 2018 and 2017 , respectively. Purchases from GE and its affiliates were $523 million and $335 million during the three months ended June 30, 2018 and 2017 , respectively, and $926 million and $681 million during the six months ended June 30, 2018 and 2017 , respectively. EMPLOYEE BENEFITS Certain of our employees are covered under various GE sponsored employee benefit plans, including GE's retirement plans (pension, retiree health and life insurance, and savings benefit plans) and active health and life insurance benefit plans. Further details are provided in "Note 10. Employee Benefit Plans." RELATED PARTY BALANCES In connection with the Transactions, we were required to repay any cash in excess of $100 million , net of any third-party debt in GE O&G, to GE. We continue to hold this cash on behalf of GE as such cash cannot be released, transferred or otherwise converted into a non-restricted market currency due to the lack of market liquidity, capital controls or similar monetary or exchange limitations by a Government entity of the jurisdiction in which such cash is situated. Accordingly, on July 3, 2017, we executed a promissory note with GE. There is no maturity date on the promissory note, but we remain obligated to repay GE such excess cash together with any income or loss we may incur on it, therefore, this obligation is reflected as short-term borrowings. As of June 30, 2018 , of the amount due to GE of $939 million , $783 million was held in the form of cash and $156 million was held in the form of investment securities. A corresponding liability is reported in short-term borrowings in the condensed consolidated and combined statements of financial position. Additionally, the Company has $583 million and $575 million of accounts payable at June 30, 2018 and December 31, 2017 , respectively, for services provided by GE in the ordinary course of business. The Company has $128 million of current receivables at June 30, 2018 from BHGE. TRADE PAYABLES ACCELERATED PAYMENT PROGRAM Our North American operations participate in accounts payable programs with GE Capital. Invoices are settled with vendors per our payment terms to obtain cash discounts. GE Capital provides funding for the period from the date at which an invoice is eligible for a cash discount through the final termination date for invoice settlement. Our liability associated with the funded participation in the accounts payable programs, which is presented as accounts payable within the condensed consolidated and combined statements of financial position, was $417 million and $293 million as of June 30, 2018 and December 31, 2017 , respectively. PARENT'S NET INVESTMENT At June 30, 2017 , the remainder of GE's total investment, in excess of our debt from GE, is reflected as equity under the caption "Parent's net investment" in our condensed consolidated and combined statements of changes in equity. At June 30, 2018 , GE's equity ownership is reflected in noncontrolling interest in our condensed consolidated and combined statements of changes in equity and financial position. OTHER Prior to the Transactions, GE provided guarantees, letters of credit, and other support arrangements on our behalf. We provide guarantees to GE Capital on behalf of some customers who have entered into financing arrangements with GE Capital. INCOME TAXES At closing, BHGE, GE and BHGE LLC entered into a Tax Matters Agreement. The Tax Matters Agreement governs the administration and allocation between the parties of tax liabilities and benefits arising prior to, as a result of, and subsequent to the Transactions, including certain restructuring transactions in connection therewith, and the respective rights, responsibilities and obligations of GE and BHGE, with respect to various other tax matters. GE is responsible for certain taxes related to the formation of the transaction undertaken by GE and Baker Hughes and their respective subsidiaries. GE has assumed approximately $33 million of tax obligations of Baker Hughes related to the formation of the transaction. Following the closing of the Transactions, BHGE or BHGE LLC (or their respective subsidiaries) may be included in group tax returns with GE. To the extent included in such group tax returns, (i) BHGE or BHGE LLC is required to make tax sharing payments to GE in an amount intended to approximate the amount that such entity would have paid if it had not been included in such group tax returns and had filed separate tax returns, and (ii) GE is required to pay BHGE or BHGE LLC to the extent such separate tax returns include net operating losses that are used to reduce taxes payable by GE with respect to the applicable group tax return. The Tax Matters Agreement also provides for the sharing of certain tax benefits (i) arising from the Transactions, including restructuring transactions, and (ii) resulting from allocations of tax items by BHGE LLC. GE is entitled to 100% of these tax benefits to the extent that GE has borne certain taxes related to the formation of the transaction. Thereafter, these tax benefits will be shared by GE and BHGE in accordance with their economic ownership of BHGE LLC, which will initially be approximately 62.5% and approximately 37.5% , respectively. The sharing of tax benefits generally is expected to result in cash payments by BHGE LLC to its members. Any such cash payments may be subject to adjustment based on certain subsequent events, including tax audits or other determinations as to the availability of the tax benefits with respect to which such cash payments were previously made.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES LITIGATION We are subject to a number of lawsuits and claims arising out of the conduct of our business. The ability to predict the ultimate outcome of such matters involves judgments, estimates and inherent uncertainties. We record a liability for those contingencies where the incurrence of a loss is probable and the amount can be reasonably estimated, including accruals for self-insured losses which are calculated based on historical claim data, specific loss development factors and other information. A range of total possible losses for all litigation matters cannot be reasonably estimated. Based on a consideration of all relevant facts and circumstances, we do not expect the ultimate outcome of currently pending lawsuits or claims against us, other than those discussed below, will have a material adverse effect on our financial position, results of operations or cash flows, however, there can be no assurance as to the ultimate outcome of these matters. With respect to the litigation matters below, if there was an adverse outcome individually or collectively, there could be a material impact on our business, financial condition and results of operations expected for the year. These litigation matters are subject to inherent uncertainties and management's view of these matters may change in the future. Therefore, there can be no assurance as to the ultimate outcome of these matters. During 2014, we received notification from a customer related to a possible equipment failure in a natural gas storage system in Northern Germany, which includes certain of our products. The customer initiated arbitral proceedings against us on June 19, 2015, under the rules of the German Institute of Arbitration e.V. (DIS). On August 3, 2016, the customer amended its claims and alleged damages of €202 million plus interest at an annual rate of prime + 5% . Hearings before the arbitration panel were held January 16, 2017 through January 23, 2017, and March 20, 2017 through March 21, 2017. In addition, on September 21, 2015, TRIUVA Kapitalverwaltungsgesellschaft mbH filed a lawsuit in the United States District Court for the Southern District of Texas, Houston Division against the Company and Baker Hughes Oilfield Operations, Inc. alleging that the plaintiff is the owner of gas storage caverns in Etzel, Germany in which the Company provided certain equipment in connection with the development of the gas storage caverns. The plaintiff further alleges that the Company supplied equipment that was either defectively designed or failed to warn of risks that the equipment posed, and that these alleged defects caused damage to the plaintiff's property. The plaintiff seeks recovery of alleged compensatory and punitive damages of an unspecified amount, in addition to reasonable attorneys' fees, court costs and pre-judgment and post-judgment interest. The allegations in this lawsuit are related to the claims made in the June 19, 2015 German arbitration referenced above. On June 7, 2018, the DIS arbitration panel issued a confidential Arbitration Ruling which addressed all claims asserted by the customer. The financial impact of the Arbitration Ruling is not expected to have a material impact on the Company’s financial statements. The Company is vigorously contesting the claims made by TRIUVA in the Houston Federal Court. At this time, we are not able to predict the outcome of the claims asserted in the Houston Federal Court. On July 31, 2015, Rapid Completions LLC filed a lawsuit in federal court in the Eastern District of Texas against Baker Hughes Incorporated, Baker Hughes Oilfield Operations, Inc., and others claiming infringement of U.S. Patent Nos. 6,907,936; 7,134,505; 7,543,634; 7,861,774; and 8,657,009. On August 6, 2015, Rapid Completions amended its complaint to allege infringement of U.S. Patent No. 9,074,451. On September 17, 2015, Rapid Completions and Packers Plus Energy Services Inc. sued Baker Hughes Canada Company in the Canada Federal Court on the related Canadian patent 2,412,072. On April 1, 2016, Rapid Completions removed U.S. Patent No. 6,907,936 from its claims in the lawsuit. On April 5, 2016, Rapid Completions filed a second lawsuit in federal court in the Eastern District of Texas against Baker Hughes Incorporated, Baker Hughes Oilfield Operations, Inc. and others claiming infringement of U.S. Patent No. 9,303,501. These patents relate primarily to certain specific downhole completions equipment. The plaintiff has requested a permanent injunction against further alleged infringement, damages in an unspecified amount, supplemental and enhanced damages, and additional relief such as attorney's fees and costs. During August and September 2016, the United States Patent and Trademark Office (USPTO) agreed to institute an inter-partes review of U.S. Patent Nos 7,861,774; 7,134,505; 7,543,634; 6,907,936; 8,657,009; and 9,074,451. On August 29, 2017, the USPTO issued its final written decisions in the inter-partes reviews of U.S. Patent Nos. 8,657,009 and 9,074,451 finding that all claims of those patents were unpatentable. On August 31, 2017, the USPTO issued its final written decision in the inter-partes review of U.S. Patent 6,907,936 - the patent dropped from the lawsuit by the plaintiffs - finding that all claims of this patent were patentable. On October 27, 2017, Rapid Completions filed its notices of appeal of the USPTO’s final written decision in the inter-partes review of U.S. Patent Nos. 8,657,009 and 9,074,451. Trial on the validity of asserted claims from Canada patent 2,412,072, was completed March 9, 2017. On December 7, 2017, the Canadian Court issued its judgment finding the patent claims asserted from Canada patent 2,412,072 against Baker Hughes Canada Company were invalid. On January 5, 2018, Rapid Completions filed its Notice of Appeal of the Canadian Court’s judgment of invalidity. At this time, we are not able to predict the outcome of these claims. Following consummation of the Transactions, two purported holders of shares of Baker Hughes common stock, representing a total of 1,875,000 shares of common stock of Baker Hughes, filed petitions in the Court of Chancery of the State of Delaware seeking appraisal for their shares pursuant to Section 262 of the Delaware General Corporation Law. The action is captioned as follows: GKC Strategic Value Master Fund, LP F/K/A GKC Appraisal Rights Master Fund, LP and Walleye Trading LLC v. Baker Hughes Incorporated , Case No. 2017-0769. On July 12, 2018, the parties entered a Confidential Settlement Agreement and Release of all claims asserted by the two shareholders. The Settlement Agreement does not have a material impact on the Company's financial statements. On February 17, 2017, GE Infrastructure Sensing, Inc. (now known as GE Infrastructure Sensing, LLC) (GEIS), a subsidiary of the Company, was served with a lawsuit filed in the Eastern District of New York by a company named Saniteq LLC claiming compensatory damages totaling $500 million plus punitive damages of an unspecified amount. The complaint is captioned Saniteq LLC v. GE Infrastructure Sensing, Inc ., No. 17-cv-771 (E.D.N.Y 2017). The complaint generally alleges that GEIS breached a contract being negotiated between the parties and misappropriated unspecified trade secrets. At this time, we are not able to predict the outcome of these claims. In January 2013, INEOS and Naphtachimie initiated expertise proceedings in Aix-en-Provence, France arising out of a fire at a chemical plant owned by INEOS in Lavera, France, which resulted in a 15-day plant shutdown and destruction of a steam turbine, which was part of a compressor train owned by Naphtachimie. The most recent quantification of the alleged damages is €250 million . Two of the Company's subsidiaries (and 17 other companies) were notified to participate in the proceedings. The proceedings are ongoing, and at this time, there is no indication that the Company's subsidiaries were involved in the incident. Although the outcome of the claims remains uncertain, BHGE's insurer has accepted coverage and is defending the Company in the expertise proceeding. In late November 2017, staff of the Boston office of the SEC notified GE that they are conducting an investigation of GE’s revenue recognition practices and internal controls over financial reporting related to long-term service agreements. The scope of the SEC’s request may include some BHGE contracts, expected to be mainly in our TPS business. We have provided documents to GE and are cooperating with them in their response to the SEC. At this time, we are not able to predict the outcome of this review. We insure against risks arising from our business to the extent deemed prudent by our management and to the extent insurance is available, but no assurance can be given that the nature and amount of that insurance will be sufficient to fully indemnify us against liabilities arising out of pending or future legal proceedings or other claims. Most of our insurance policies contain deductibles or self-insured retentions in amounts we deem prudent and for which we are responsible for payment. In determining the amount of self-insurance, it is our policy to self-insure those losses that are predictable, measurable and recurring in nature, such as claims for automobile liability, general liability and workers compensation. PRODUCT WARRANTIES We provide for estimated product warranty expenses when we sell the related products. Because warranty estimates are forecasts that are based on the best available information, primarily historical claims experience, claims costs may differ from amounts provided. An analysis of changes in the liability for product warranties are as follows: Balance at December 31, 2017, and 2016, respectively $ 164 $ 74 Provisions 18 18 Expenditures (15 ) (26 ) Other (1) 119 1 Balance at June 30, 2018, and 2017, respectively $ 286 $ 67 (1) Primarily related to the acquisition of Baker Hughes. OTHER In the normal course of business with customers, vendors and others, we have entered into off-balance sheet arrangements, such as surety bonds for performance, letters of credit and other bank issued guarantees, which totaled approximately $3.4 billion at June 30, 2018 . It is not practicable to estimate the fair value of these financial instruments. None of the off-balance sheet arrangements either has, or is likely to have, a material effect on our financial position, results of operations or cash flows.

Restructuring, Impairment and O

Restructuring, Impairment and Other	6 Months Ended
	Jun. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring, Impairment and Other	RESTRUCTURING, IMPAIRMENT AND OTHER We recorded restructuring, impairment and other charges of $146 million and $59 million during the three months ended June 30, 2018 and 2017 , respectively, and $308 million and $101 million during the six months ended June 30, 2018 and 2017 . Details of these charges are discussed below. RESTRUCTURING AND IMPAIRMENT CHARGES In the current and prior periods, we approved various restructuring plans globally, mainly to consolidate manufacturing and service facilities, rationalize product lines and rooftops, and reduce headcount across various functions. As a result, we recognized a charge of $68 million and $38 million for the three months ended June 30, 2018 and 2017 , respectively, and $193 million and $73 million for the six months ended June 30, 2018 and 2017 , respectively. These restructuring initiatives will generate charges post June 30, 2018 , and the related estimated remaining charges are approximately $151 million . The amount of costs not included in the reported segment results is as follows: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Oilfield Services $ 40 $ 11 $ 99 $ 23 Oilfield Equipment 6 9 18 10 Turbomachinery & Process Solutions 11 12 39 22 Digital Solutions 7 4 16 14 Corporate 4 2 21 4 Total $ 68 $ 38 $ 193 $ 73 These costs were primarily related to product line terminations, plant closures and related expenses such as property, plant and equipment impairments, contract terminations and costs of assets' and employees' relocation, employee-related termination benefits, and other incremental costs that were a direct result of the restructuring plans. Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Property, plant & equipment, net $ 18 $ 2 $ 37 $ 12 Employee-related termination expenses 16 24 99 39 Asset relocation costs 8 2 13 5 Environmental remediation costs — 4 3 7 Contract termination fees 21 4 28 5 Other incremental costs 5 2 13 5 Total $ 68 $ 38 $ 193 $ 73 OTHER CHARGES Other charges included in "Restructuring, impairment and other" of the condensed consolidated and combined statements of income (loss) were $78 million and $21 million in the three months ended June 30, 2018 and 2017 , respectively, and $115 million and $28 million in the six months ended June 30, 2018 and 2017 , respectively. Other charges comprised of accelerated amortization of $32 million and $69 million for the three and six months ended June 30, 2018 , respectively, related to trade names and technology in our Oilfield Services segment that we ceased to use at the end of the second quarter of 2018 as a result of the combination of Baker Hughes and GE O&G. During the three and six months ended June 30, 2018, other charges also includes $25 million related to litigation matters recorded at Corporate and costs of $12 million to exit certain operations that impacted our TPS and OFS segments. During the three and six months ended June 30, 2017 , other charges include currency devaluation charges of $6 million and $12 million , respectively, largely driven by significant currency devaluations in Angola and Nigeria.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS On July 18, 2018, the Company announced the agreement to sell its Natural Gas Solution (NGS) business to two separate entities for a combined sales price of $375 million . NGS is part of our TPS segment and provides commercial and industrial products such as gas meters, chemical injection pumps, pipeline repair products and electric actuators. The transactions are expected to close in the second half of 2018, subject to customary closing conditions and appropriate regulatory approvals.

Basis of Presentation and Sum27

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation	BASIS OF PRESENTATION In connection with the Transactions, we entered into and are governed by an Amended & Restated Limited Liability Company Agreement, dated as of July 3, 2017 (the BHGE LLC Agreement). Under the BHGE LLC Agreement, EHHC Newco, LLC (EHHC), a wholly owned subsidiary of BHGE, is our sole managing member and BHGE is the sole managing member of EHHC. As our managing member, EHHC conducts, directs and exercises full control over all our activities, including our day-to-day business affairs and decision-making, without the approval of any other member. As such, EHHC is responsible for all our operational and administrative decisions and the day-to-day management of our business. The Transactions were treated as a "reverse acquisition" for accounting purposes and, as such, the historical financial statements of the accounting acquirer, GE O&G, are the historical financial statements of the Company. The accompanying unaudited condensed consolidated and combined financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. and such principles, U.S. GAAP) and pursuant to the rules and regulations of the SEC for interim financial information. All intercompany accounts and transactions have been eliminated. In the opinion of management, the condensed consolidated and combined financial statements reflect all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of the results of operations, financial position and cash flows of the Company and its subsidiaries for the periods presented and are not indicative of the results that may be expected for a full year. The Company's financial statements have been prepared on a consolidated basis, effective July 3, 2017 , following consummation of the Transactions. Under this basis of presentation, our financial statements consolidate all of our subsidiaries (entities in which we have a controlling financial interest, most often because we hold a majority voting interest). All subsequent periods will also be presented on a consolidated basis. For all periods prior to July 3, 2017 , the Company's financial statements were prepared on a combined basis. The combined financial statements combine certain accounts of GE and its subsidiaries that were historically managed as part of its Oil & Gas business and contributed to BHGE LLC as part of the Transactions (refer to "Note 3. Business Acquisition" for further details on the Transactions). Additionally, it also includes certain assets, liabilities and results of operations of other businesses of GE that were also contributed to BHGE LLC as part of the Transactions on a fully retrospective basis (in accordance with the guidance applicable to transactions between entities under common control) based on their carrying values, as reflected in the accounting records of GE. The condensed consolidated and combined statements of income reflect intercompany expense allocations made to us by GE for certain corporate functions and for shared services provided by GE. See "Note 15. Related Party Transactions" for further information on expenses allocated by GE. The historical financial results in the condensed consolidated and combined financial statements presented may not be indicative of the results that would have been achieved had GE O&G operated as a separate, stand-alone entity during those periods. The GE O&G numbers in the condensed consolidated and combined statements of income (loss) have been reclassed to conform to the current presentation. We believe that the current presentation is a more appropriate presentation of the combined businesses. Merger and related costs includes all costs associated with the Transactions. Refer to "Note 3. Business Acquisition" for further details. In the notes to unaudited condensed consolidated and combined financial statements, all dollar and unit amounts in tabulations are in millions of dollars and units, respectively, unless otherwise indicated. Certain columns and rows in our financial statements and notes thereto may not add due to the use of rounded numbers.
Cash And Equivalents	Cash, Cash Equivalents and Restricted Cash As of June 30, 2018 , and December 31, 2017 , we had $975 million and $1,190 million , respectively, of cash held in bank accounts that cannot be released, transferred or otherwise converted into a currency that is regularly transacted internationally, due to lack of market liquidity, capital controls or similar monetary or exchange limitations limiting the flow of capital out of the jurisdiction. These funds are available to fund operations and growth in these jurisdictions and we do not currently anticipate a need to transfer these funds to the U.S. Included in these amounts is $604 million and $764 million , as of June 30, 2018 and December 31, 2017 , respectively, held on behalf of GE. Cash, cash equivalents and restricted cash includes a total of $783 million and $997 million of cash at June 30, 2018 and December 31, 2017 , respectively, held on behalf of GE, and a corresponding liability is reported in short-term borrowings. See "Note 15. Related Party Transactions" for further details. As a result of adopting Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2016-18, Statement of Cash Flows: Restricted Cash , we reclassified our restricted cash of $7 million from ‘all other assets’ to cash, cash equivalents and restricted cash as of December 31, 2017. At June 30, 2018 , such cash is no longer considered restricted in nature.
Revenue	Revenue from Sale of Equipment Performance Obligations Satisfied Over Time We recognize revenue on agreements for sales of goods manufactured to unique customer specifications, including long-term construction projects, on an over-time basis utilizing cost inputs as the measurement criteria in assessing the progress toward completion. Our estimate of costs to be incurred to fulfill our promise to a customer is based on our history of manufacturing or constructing similar assets for customers and is updated routinely to reflect changes in quantity or pricing of the inputs. We begin to recognize revenue on these contracts when the contract specific inventory becomes customized for a customer, which is reflective of our initial transfer of control of the incurred costs. We provide for potential losses on any of these agreements when it is probable that we will incur the loss. Our billing terms for these over-time contracts vary, but are generally based on achieving specified milestones. The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. Performance Obligations Satisfied at a Point In Time We recognize revenue for non-customized equipment at the point in time that the customer obtains control of the good, which is no earlier than when the customer has physical possession of the product. Equipment for which we recognize revenue at a point in time include goods we manufacture on a standardized basis for sale to the market. We use proof of delivery for certain large equipment with more complex logistics associated with the shipment, whereas the delivery of other equipment is determined based on historical data of transit times between regions. On occasion we sell products with a right of return. We use our accumulated experience to estimate and provide for such returns when we record the sale. In situations where arrangements include customer acceptance provisions based on seller or customer-specified objective criteria, we recognize revenue when we have concluded that the customer has control of the goods and that acceptance is likely to occur. Our billing terms for these point in time equipment contracts vary, but are generally based on shipment of the goods to the customer. Revenue from Sale of Services Performance Obligations Satisfied Over Time We sell product services under long-term product maintenance or extended warranty agreements in our Turbomachinery & Process Solutions and Oilfield Equipment segments. These agreements require us to maintain the customers' assets over the service agreement contract terms, which generally range from 10 to 20 years. In general, these are contractual arrangements to provide services, repairs, and maintenance of a covered unit (gas turbines for mechanical drive or power generation, primarily on LNG applications, drilling rigs). These services are performed at various times during the life of the contract, thus the costs of performing services are incurred on other than a straight-line basis. We recognize related sales based on the extent of our progress toward completion measured by actual costs incurred in relation to total expected costs. We provide for any loss that we expect to incur on any of these agreements when that loss is probable. BHGE utilizes historical customer data, prior product performance data, statistical analysis, third-party data, and internal management estimates to calculate contract-specific margins. In certain contracts, the total transaction price is variable based on customer utilization, which is excluded from the contract margin until the period that the customer has utilized to appropriately reflect the revenue activity in the period earned. Our billing terms for these contracts are generally based on the occurrence of a major maintenance event within the contract or asset utilization (i.e. usage per hour). The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. Performance Obligations Satisfied at a Point In Time We sell certain tangible products, largely spare equipment, through our services business. We recognize revenues for this equipment at the point in time that the customer obtains control of the good, which is at the point in time we deliver the spare part to the customer. Our billing terms for these point in time service contracts vary, but are generally based on shipment of the goods to the customer. Impact of Adoption As a result of the adoption of the standard, the timing of revenue recognition on our long-term product service agreements is affected. Although we continue to recognize revenue over time on these contracts, there are changes to how contract modifications, termination clauses and purchase options are accounted for by us. In particular, under the previous standard, the cumulative impact from a contract modification on revenue already recorded is recognized in the period in which the modification is agreed. Under the new standard, the impact from certain types of modifications is recognized over the remaining life of the contract.
New Accounting Standards Adopted and To Be Adopted	NEW ACCOUNTING STANDARDS ADOPTED On January 1, 2018, we adopted the FASB ASU No. 2014-09, Revenue from Contracts with Customers, and the related amendments (ASC 606). We elected to adopt the new standard using the full retrospective method, where the standard was applied to each prior reporting period presented and the cumulative effect of applying the standard was recognized at January 1, 2016. This standard requires us to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time based on when control of goods and services transfer to a customer. As a result, we changed the presentation of our financial statements, including: (1) timing of revenue recognition, and (2) changes in classification between revenue and costs. The standard has no cash impact and, as such, does not affect the economics of our underlying customer contracts. Our policy on recognizing revenue is as follows: Revenue from Sale of Equipment Performance Obligations Satisfied Over Time We recognize revenue on agreements for sales of goods manufactured to unique customer specifications, including long-term construction projects, on an over-time basis utilizing cost inputs as the measurement criteria in assessing the progress toward completion. Our estimate of costs to be incurred to fulfill our promise to a customer is based on our history of manufacturing or constructing similar assets for customers and is updated routinely to reflect changes in quantity or pricing of the inputs. We begin to recognize revenue on these contracts when the contract specific inventory becomes customized for a customer, which is reflective of our initial transfer of control of the incurred costs. We provide for potential losses on any of these agreements when it is probable that we will incur the loss. Our billing terms for these over-time contracts vary, but are generally based on achieving specified milestones. The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. Performance Obligations Satisfied at a Point In Time We recognize revenue for non-customized equipment at the point in time that the customer obtains control of the good, which is no earlier than when the customer has physical possession of the product. Equipment for which we recognize revenue at a point in time include goods we manufacture on a standardized basis for sale to the market. We use proof of delivery for certain large equipment with more complex logistics associated with the shipment, whereas the delivery of other equipment is determined based on historical data of transit times between regions. On occasion we sell products with a right of return. We use our accumulated experience to estimate and provide for such returns when we record the sale. In situations where arrangements include customer acceptance provisions based on seller or customer-specified objective criteria, we recognize revenue when we have concluded that the customer has control of the goods and that acceptance is likely to occur. Our billing terms for these point in time equipment contracts vary, but are generally based on shipment of the goods to the customer. Revenue from Sale of Services Performance Obligations Satisfied Over Time We sell product services under long-term product maintenance or extended warranty agreements in our Turbomachinery & Process Solutions and Oilfield Equipment segments. These agreements require us to maintain the customers' assets over the service agreement contract terms, which generally range from 10 to 20 years. In general, these are contractual arrangements to provide services, repairs, and maintenance of a covered unit (gas turbines for mechanical drive or power generation, primarily on LNG applications, drilling rigs). These services are performed at various times during the life of the contract, thus the costs of performing services are incurred on other than a straight-line basis. We recognize related sales based on the extent of our progress toward completion measured by actual costs incurred in relation to total expected costs. We provide for any loss that we expect to incur on any of these agreements when that loss is probable. BHGE utilizes historical customer data, prior product performance data, statistical analysis, third-party data, and internal management estimates to calculate contract-specific margins. In certain contracts, the total transaction price is variable based on customer utilization, which is excluded from the contract margin until the period that the customer has utilized to appropriately reflect the revenue activity in the period earned. Our billing terms for these contracts are generally based on the occurrence of a major maintenance event within the contract or asset utilization (i.e. usage per hour). The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. Performance Obligations Satisfied at a Point In Time We sell certain tangible products, largely spare equipment, through our services business. We recognize revenues for this equipment at the point in time that the customer obtains control of the good, which is at the point in time we deliver the spare part to the customer. Our billing terms for these point in time service contracts vary, but are generally based on shipment of the goods to the customer. Impact of Adoption As a result of the adoption of the standard, the timing of revenue recognition on our long-term product service agreements is affected. Although we continue to recognize revenue over time on these contracts, there are changes to how contract modifications, termination clauses and purchase options are accounted for by us. In particular, under the previous standard, the cumulative impact from a contract modification on revenue already recorded is recognized in the period in which the modification is agreed. Under the new standard, the impact from certain types of modifications is recognized over the remaining life of the contract. The change in historical periods to our statements of income (loss) related to the adoption of the standard is summarized below: 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 income (loss) (14 ) (64 ) (6 ) (91 ) (175 ) (226 ) Net income (loss) and net income (loss) attributable to BHGE, LLC 1 (84 ) (10 ) (57 ) (150 ) (149 ) 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 ) Total equity (763 ) The cumulative impact to our retained earnings (included in our net parent investment) as of January 1, 2016 was a reduction of $432 million . On January 1, 2018, we adopted the FASB ASU No. 2016-16, Accounting for Income Taxes: Intra-Entity Asset Transfers of Assets Other than Inventory . The ASU eliminated the deferral of tax effects of intra-entity asset transfers other than inventory. As a result, the tax expense from the intercompany sale of assets, other than inventory, and associated changes to deferred taxes are recognized when the sale occurs even though the pre-tax effects of the transaction have not been recognized. The effect of the adoption of the standard was an increase to retained earnings of $67 million as of January 1, 2018 with no other impact to our financial statements. Future earnings will be reduced in total by this amount. The effect of the change on future transactions will depend on the nature and amount of future transactions as it will affect the timing of recognition of both tax expenses and tax benefits, with no change in the associated cash flows. On January 1, 2018, we adopted the FASB ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost , which changed the income statement presentation of net periodic benefit cost by requiring separation between the service cost component and all other components. The service cost component is presented as an operating expense with other similar compensation costs arising for services rendered by the pertinent employees during the period. The non operating components are presented outside of income from operations. 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 December 31, 2017 September 30, 2017 June 30, 2017 March 31, 2017 December 31, 2017 December 31, 2016 Operating income (loss) (5 ) (7 ) 9 2 (1 ) 24 Non operating income (loss) 5 7 (9 ) (2 ) 1 (24 ) NEW ACCOUNTING STANDARDS TO BE ADOPTED In February 2018, the FASB issued ASU No. 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220) : Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The ASU provides that the stranded tax effects from the Tax Cuts and Jobs Act on the balance of other comprehensive earnings may be reclassified to retained earnings. The ASU is effective for periods beginning after December 15, 2018, with an election to adopt early. We are evaluating the effect of the standard on our financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases . The new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition. Similarly, lessors will be required to classify leases as sales-type, finance or operating, with classification affecting the pattern of income recognition. Classification for both lessees and lessors will be based on an assessment of whether risks and rewards as well as substantive control have been transferred through a lease contract. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, with early adoption permitted. In January 2018, the FASB issued a draft ASU that proposed an alternative transition method, which allows companies to apply the provisions of the new leasing standard on January 1, 2019 through recognition of a cumulative-effect adjustment to retained earnings as of January 1, 2019 (i.e. without retrospectively adjusting comparative periods). We will conclude on the transition method once this draft ASU is finalized. We are currently in the process of evaluating our existing lease portfolios, including accumulating all the necessary information required to properly account for the leases under the new standard. Additionally, we are implementing an enterprise-wide lease management system to assist in the accounting and are evaluating additional changes to our processes and internal controls to ensure we meet the standard’s reporting and disclosure requirements. While we continue to evaluate the effect of the standard on our ongoing financial reporting, we anticipate that the adoption of the ASU will result in the recognition of a material right of use asset and related liability with an immaterial effect to our retained earnings. All other new accounting pronouncements that have been issued but not yet effective are currently being evaluated and at this time are not expected to have a material impact on our financial position or results of operations.

Basis of Presentation and Sum28

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 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 ASU No. 2017-07 is summarized below: Three Months Ended Year Ended December 31, 2017 September 30, 2017 June 30, 2017 March 31, 2017 December 31, 2017 December 31, 2016 Operating income (loss) (5 ) (7 ) 9 2 (1 ) 24 Non operating income (loss) 5 7 (9 ) (2 ) 1 (24 ) The change in historical periods to our statements of income (loss) related to the adoption of the standard is summarized below: 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 income (loss) (14 ) (64 ) (6 ) (91 ) (175 ) (226 ) Net income (loss) and net income (loss) attributable to BHGE, LLC 1 (84 ) (10 ) (57 ) (150 ) (149 ) 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 ) Total equity (763 )

Revenue Related to Contracts 29

Revenue Related to Contracts With Customers (Tables)	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Disaggregated revenue from contracts with customers by primary geographical markets	We disaggregate our revenue from contracts with customers by primary geographic markets. Three Months Ended June 30, Six Months Ended June 30, Total Revenue 2018 2017 2018 2017 U.S. $ 1,560 $ 700 $ 3,043 $ 1,421 Non-U.S. 3,988 2,315 7,904 4,658 Total $ 5,548 $ 3,015 $ 10,947 $ 6,079

Business Acquisition (Tables)

Business Acquisition (Tables)	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
Preliminary identifiable assets acquired and liabilities assumed	The tables below present the fair value of assets acquired and liabilities assumed and the associated fair value of the noncontrolling interest related to the acquired net assets of Baker Hughes. The final determination of the fair value of assets and liabilities was concluded in the second quarter of 2018. Identifiable assets acquired and liabilities assumed Fair value at July 3, 2017 Assets Cash and equivalents $ 4,133 Current receivables 2,342 Inventories 1,712 Property, plant and equipment 4,514 Intangible assets (1) 4,005 Deferred income taxes (2) 30 All other assets 1,335 Liabilities Accounts payable (1,213 ) Borrowings (3,370 ) Liabilities for pension and other postretirement benefits (654 ) All other liabilities (1,670 ) Total identifiable net assets $ 11,164 Noncontrolling interest associated with net assets acquired (35 ) Goodwill (3) 13,669 Total purchase consideration $ 24,798 (1) Intangible assets, as provided in the table below, are recorded at fair value, as determined by management based on available information. The estimated useful lives for intangible assets were determined based upon the remaining useful economic lives of the intangible assets that are expected to contribute directly or indirectly to future cash flows. We consider the Baker Hughes trade name to be an indefinite life intangible asset, which will not be amortized and will be subject to an annual impairment test. Fair Value Estimated Weighted Trade name - Baker Hughes $ 2,100 Indefinite life Customer relationships 1,240 15 Patents and technology 465 10 In-process research and development 70 Indefinite life Capitalized software 64 2 Trade names - other 45 10 Favorable lease contracts & others 21 10 Total $ 4,005 (2) Includes approximately $83 million of net deferred tax liabilities related to the fair value of intangible assets included in the purchase consideration and approximately $113 million of other net deferred tax assets, including non-U.S. loss carryforwards net of valuation allowances partially offset by liabilities for unrecognized benefits. (3) Goodwill represents the excess of the total purchase consideration over fair value of the net assets recognized and represents the future economic benefits that we believe will result from combining the operations of GE O&G and Baker Hughes, including expected future synergies and operating efficiencies. Goodwill resulting from the Transactions has been primarily allocated to the Oilfield Services segment, of which $67 million is deductible for tax purposes. See "Note 6. Goodwill and Other Intangible Assets" for allocation of goodwill to all the segments.
Pro forma information	Significant adjustments to the pro forma information below include recognition of non-recurring direct incremental acquisition costs in 2016 and exclusion of those costs from all other periods presented; amortization associated with an estimate of the acquired intangible assets; depreciation associated with an estimate of the fair value step-up of property, plant and equipment; and reduction of interest expense for fair value adjustments to debt. Three Months Ended June 30, 2017 Six Months Ended June 30, 2017 Revenue $ 5,417 $ 10,741 Net loss (241 ) (261 ) Net loss attributable to the Company (247 ) (264 )

Current Receivables (Tables)

Current Receivables (Tables)	6 Months Ended
	Jun. 30, 2018
Receivables [Abstract]
Current receivables	Current receivables are comprised of the following: June 30, 2018 December 31, 2017 Customer receivables $ 4,891 $ 4,700 Related parties 873 914 Other 736 844 Total current receivables 6,500 6,458 Less: Allowance for doubtful accounts (333 ) (330 ) Total current receivables, net $ 6,167 $ 6,128

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2018
Inventory, Net [Abstract]
Inventories, net of reserves	Inventories, net of reserves of $413 million and $360 million as of June 30, 2018 and December 31, 2017 , respectively, are comprised of the following: June 30, 2018 December 31, 2017 Finished goods $ 2,656 $ 2,577 Work in process and raw material 2,019 1,930 Total inventories, net $ 4,675 $ 4,507

Goodwill and Other Intangible33

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	The changes in the carrying value of goodwill are detailed below by segment: Oilfield Services Oilfield Equipment Turbo-machinery & Process Solutions Digital Solutions Total Balance at December 31, 2016, gross $ 2,779 $ 3,852 $ 1,814 $ 1,989 $ 10,434 Accumulated impairment at December 31, 2016 (2,633 ) (867 ) — (254 ) (3,754 ) Balance at December 31, 2016 146 2,985 1,814 1,735 6,680 Acquisition (1) 12,778 — — — 12,778 Currency exchange and others 8 49 92 47 196 Balance at December 31, 2017 12,932 3,034 1,906 1,782 19,654 Purchase accounting adjustments (1) (174 ) 242 394 429 891 Currency exchange and others (18 ) (36 ) (23 ) (5 ) (82 ) Balance at June 30, 2018 $ 12,740 $ 3,240 $ 2,277 $ 2,206 $ 20,463 (1) Includes goodwill associated with the acquisition of Baker Hughes. The final determination of fair value of the assets and liabilities and the related goodwill associated with the acquisition of Baker Hughes was concluded in the second quarter of 2018. Of the total goodwill of $13,669 million resulting from the acquisition of Baker Hughes, $ 12,604 million is allocated to our Oilfield Services segment and the remainder to our other segments based on the expected benefit from the synergies of the acquisition.
Schedule of finite-lived intangible assets	Intangible assets are comprised of the following: June 30, 2018 December 31, 2017 Gross Accumulated Net Gross Accumulated Net Technology $ 1,102 $ (496 ) $ 606 $ 1,177 $ (440 ) $ 737 Customer relationships 3,169 (899 ) 2,270 3,202 (819 ) 2,383 Capitalized software 1,114 (762 ) 352 1,130 (697 ) 433 Trade names and trademarks 726 (223 ) 503 757 (159 ) 598 Other 14 (1 ) 13 10 — 10 Finite-lived intangible assets 6,125 (2,381 ) 3,744 6,276 (2,115 ) 4,161 Indefinite-lived intangible assets (1) 2,229 — 2,229 2,197 — 2,197 Total intangible assets $ 8,354 $ (2,381 ) $ 5,973 $ 8,473 $ (2,115 ) $ 6,358 (1) Indefinite-lived intangible assets are principally comprised of the Baker Hughes trade name.
Schedule of indefinite-lived intangible assets	Intangible assets are comprised of the following: June 30, 2018 December 31, 2017 Gross Accumulated Net Gross Accumulated Net Technology $ 1,102 $ (496 ) $ 606 $ 1,177 $ (440 ) $ 737 Customer relationships 3,169 (899 ) 2,270 3,202 (819 ) 2,383 Capitalized software 1,114 (762 ) 352 1,130 (697 ) 433 Trade names and trademarks 726 (223 ) 503 757 (159 ) 598 Other 14 (1 ) 13 10 — 10 Finite-lived intangible assets 6,125 (2,381 ) 3,744 6,276 (2,115 ) 4,161 Indefinite-lived intangible assets (1) 2,229 — 2,229 2,197 — 2,197 Total intangible assets $ 8,354 $ (2,381 ) $ 5,973 $ 8,473 $ (2,115 ) $ 6,358 (1) Indefinite-lived intangible assets are principally comprised of the Baker Hughes trade name.
Schedule of finite-lived intangible assets, future amortization expense	Estimated amortization expense for the remainder of 2018 and each of the subsequent five fiscal years is expected to be as follows: Year Estimated Amortization Expense Remainder of 2018 $ 185 2019 367 2020 331 2021 283 2022 247 2023 226

Contract and Other Deferred A34

Contract and Other Deferred Assets (Tables)	6 Months Ended
	Jun. 30, 2018
Deferred Revenue Disclosure [Abstract]
Contract assets	Contract assets are comprised of the following: June 30, 2018 December 31, 2017 Long-term product service agreements $ 593 $ 589 Long-term equipment contract revenue (1) 1,059 1,095 Contract assets (total revenue in excess of billings) (2) 1,652 1,684 Deferred inventory costs (3) 245 360 Non-recurring engineering costs 14 — Contract and other deferred assets $ 1,911 $ 2,044 (1) Reflects revenue earned in excess of billings on our long-term contracts to construct technically complex equipment. (2) Contract assets (total revenue in excess of billings) were $1,233 million as of January 1, 2017. (3) Deferred inventory costs were $276 million as of January 1, 2017, which represents cost deferral for shipped goods and other costs where the criteria for revenue recognition has not yet been met. Contract liabilities are comprised of the following: June 30, 2018 December 31, 2017 Progress collections $ 1,466 $ 1,456 Deferred income 164 319 Progress collections and deferred income (contract liabilities) (1) $ 1,630 $ 1,775 (1) Progress collections and deferred income (contract liabilities) were $2,038 million at January 1, 2017.

Progress Collections and Defe35

Progress Collections and Deferred Income (Tables)	6 Months Ended
	Jun. 30, 2018
Revenue Recognition and Deferred Revenue [Abstract]
Contract liabilities	Contract assets are comprised of the following: June 30, 2018 December 31, 2017 Long-term product service agreements $ 593 $ 589 Long-term equipment contract revenue (1) 1,059 1,095 Contract assets (total revenue in excess of billings) (2) 1,652 1,684 Deferred inventory costs (3) 245 360 Non-recurring engineering costs 14 — Contract and other deferred assets $ 1,911 $ 2,044 (1) Reflects revenue earned in excess of billings on our long-term contracts to construct technically complex equipment. (2) Contract assets (total revenue in excess of billings) were $1,233 million as of January 1, 2017. (3) Deferred inventory costs were $276 million as of January 1, 2017, which represents cost deferral for shipped goods and other costs where the criteria for revenue recognition has not yet been met. Contract liabilities are comprised of the following: June 30, 2018 December 31, 2017 Progress collections $ 1,466 $ 1,456 Deferred income 164 319 Progress collections and deferred income (contract liabilities) (1) $ 1,630 $ 1,775 (1) Progress collections and deferred income (contract liabilities) were $2,038 million at January 1, 2017.

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Short-term and long-term borrowings	Short-term and long-term borrowings are comprised of the following: June 30, 2018 December 31, 2017 Short-term borrowings Short-term bank borrowings $ 55 $ 171 Current portion of long-term borrowings — 639 Short-term borrowings from GE 939 1,124 Other borrowings 73 103 Total short-term borrowings $ 1,067 $ 2,037 Long-term borrowings 3.2% Senior Notes due August 2021 $ 525 $ 526 2.773% Senior Notes due December 2022 1,244 1,244 8.55% Debentures due June 2024 133 135 3.337% Senior Notes due December 2027 1,342 1,342 6.875% Notes due January 2029 302 308 5.125% Notes due September 2040 1,309 1,311 4.08% Senior Notes due December 2047 1,336 1,337 Capital leases 111 87 Other long-term borrowings 17 22 Total long-term borrowings 6,319 6,312 Total borrowings $ 7,386 $ 8,349

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2018
Retirement Benefits [Abstract]
Schedule of net periodic cost (benefit)	The components of net periodic cost (benefit) of plans sponsored by us are as follows for the three and six months ended June 30, 2018 and 2017 : Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Service cost $ 5 $ 5 $ 10 $ 8 Interest cost 18 7 36 14 Expected return on plan assets (30 ) (10 ) (60 ) (20 ) Amortization of net actuarial loss 2 2 4 5 Net periodic cost (benefit) $ (5 ) $ 4 $ (10 ) $ 7

Members' Equity (Tables)

Members' Equity (Tables)	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Schedule of changes in common units outstanding	The following table presents the changes in number of common units outstanding (in thousands): Common Units Held by BHGE Common Units Held by GE Balance at December 31, 2017 422,208 706,985 Issue of units to BHGE under equity incentive plan 924 — Repurchase of common units (1) (11,501 ) (19,241 ) Balance at June 30, 2018 411,631 687,743 (1) On November 2, 2017, BHGE's board of directors authorized us to repurchase up to $3 billion of our common units from BHGE and GE. During the three months and six months ended June 30, 2018 , we repurchased and canceled 13,927,859 and 30,742,152 units for a total of $500 million and $1 billion , respectively. At June 30, 2018, we had authorization remaining to repurchase up to approximately $1.5 billion of common units from BHGE and GE.
Schedule of accumulated other comprehensive loss	The following tables present the changes in accumulated other comprehensive loss, net of tax: Investment Securities Foreign Currency Translation Adjustments Cash Flow Hedges Benefit Plans Accumulated Other Comprehensive Loss Balance at December 31, 2017 $ 1 $ (1,824 ) $ 2 $ (60 ) $ (1,881 ) Other comprehensive income (loss) before reclassifications (1 ) (224 ) 1 4 (220 ) Amounts reclassified from accumulated other comprehensive income (loss) — — — — — Deferred taxes (1 ) — — (2 ) (3 ) Other comprehensive income (loss) (2 ) (224 ) 1 2 (223 ) Less: Other comprehensive income (loss) attributable to noncontrolling interests — (1 ) — (1 ) Balance at June 30, 2018 $ (1 ) $ (2,047 ) $ 3 $ (58 ) $ (2,103 ) Investment Securities Foreign Currency Translation Adjustments Cash Flow Hedges Benefit Plans Accumulated Other Comprehensive Loss Balance at December 31, 2016 $ — $ (1,795 ) $ (10 ) $ (83 ) $ (1,888 ) Other comprehensive income (loss) before reclassifications 39 (63 ) 2 (5 ) (27 ) Amounts reclassified from accumulated other comprehensive income (loss) (38 ) — 9 (2 ) (31 ) Deferred taxes — (10 ) (2 ) 4 (8 ) Other comprehensive income (loss) 1 (73 ) 9 (3 ) (66 ) Less: Other comprehensive income attributable to noncontrolling interests 1 1 — 1 3 Balance at June 30, 2017 $ — $ (1,869 ) $ (1 ) $ (87 ) $ (1,957 )

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Assets and liabilities measured at fair value on a recurring basis	Our assets and liabilities measured at fair value on a recurring basis consists of derivative instruments and investment securities. June 30, 2018 December 31, 2017 Level 1 Level 2 Level 3 Net Balance Level 1 Level 2 Level 3 Net Balance Assets Derivatives $ — $ 221 $ — $ 221 $ — $ 150 $ — $ 150 Investment securities 66 — 310 376 81 8 304 393 Total assets 66 221 310 597 81 158 304 543 Liabilities Derivatives — (248 ) — (248 ) — (95 ) — (95 ) Total liabilities $ — $ (248 ) $ — $ (248 ) $ — $ (95 ) $ — $ (95 )
Reconciliation of recurring Level 3 fair value measurements	The following table provides a reconciliation of recurring Level 3 fair value measurements for investment securities: Balance at December 31, 2017 $ 304 Purchases 36 Proceeds at maturity (30 ) Balance at June 30, 2018 $ 310
Schedule of investment securities classified as available for sale	At June 30, 2018 and December 31, 2017, we held $156 million and $127 million , respectively, of these investment securities on behalf of GE. June 30, 2018 December 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Investment securities Non-U.S. debt securities $ 309 $ 1 $ — $ 310 $ 310 $ 2 $ — $ 312 Equity securities 66 — — 66 81 — — 81 Total $ 375 $ 1 $ — $ 376 $ 391 $ 2 $ — $ 393
Schedule of derivatives	The table below summarizes the fair value of all derivatives, including hedging instruments and embedded derivatives. June 30, 2018 December 31, 2017 Assets (Liabilities) Assets (Liabilities) Derivatives accounted for as hedges Currency exchange contracts $ 2 $ (1 ) $ 6 $ — Derivatives not accounted for as hedges Currency exchange contracts 219 (247 ) 144 (95 ) Total derivatives $ 221 $ (248 ) $ 150 $ (95 )
Carrying amount related to derivatives	The table below provides additional information about how derivatives are reflected in our condensed consolidated and combined financial statements. Carrying amount related to derivatives June 30, 2018 December 31, 2017 Derivative assets $ 221 $ 150 Derivative liabilities (248 ) (95 ) Net derivatives $ (27 ) $ 55
Carrying amount related to derivatives	The table below provides additional information about how derivatives are reflected in our condensed consolidated and combined financial statements. Carrying amount related to derivatives June 30, 2018 December 31, 2017 Derivative assets $ 221 $ 150 Derivative liabilities (248 ) (95 ) Net derivatives $ (27 ) $ 55
Effect of derivatives on earnings	The table below summarizes these offsets and the net effect on pre-tax earnings. Three Months Ended June 30, Six Months Ended June 30, Cash Flow Hedges Economic Hedges Cash Flow Hedges Economic Hedges 2018 2017 2018 2017 2018 2017 2018 2017 Effect on hedging instrument $ (7 ) $ 4 $ (10 ) $ 9 $ 1 $ 2 $ 7 $ 1 Effect on underlying 7 (4 ) (9 ) (9 ) (1 ) (2 ) (24 ) — Effect on earnings (1) $ — $ — $ (19 ) $ — $ — $ — $ (17 ) $ 1 (1) For cash flow hedges, the effect on earnings, if any, is primarily related to ineffectiveness. For economic hedges on forecasted transactions, the effect on earnings is substantially offset by future earnings on economically hedged items.
Schedule of hedging instrument, currency exchange contract	The table below summarizes this activity by hedging instrument. Three Months Ended June 30, Six Months Ended June 30, Gain (Loss) Recognized in AOCI Gain (Loss) Reclassified from AOCI to Earnings Gain (Loss) Recognized in AOCI Gain (Loss) Reclassified from AOCI to Earnings 2018 2017 2018 2017 2018 2017 2018 2017 Currency exchange contracts $ (7 ) $ 4 $ — $ (2 ) $ 1 $ 2 $ — $ (8 )

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Summarized financial information	Summarized financial information is shown in the following tables. Consistent accounting policies have been applied by all segments within the Company, for all reporting periods. The current period results may not be comparable to prior periods as the current period includes the results of Baker Hughes. Three Months Ended June 30, Six Months Ended June 30, Segments revenue 2018 2017 2018 2017 Oilfield Services $ 2,884 $ 228 $ 5,562 $ 440 Oilfield Equipment 617 681 1,281 1,397 Turbomachinery & Process Solutions 1,385 1,586 2,845 3,230 Digital Solutions 662 520 1,260 1,011 Total $ 5,548 $ 3,015 $ 10,947 $ 6,079 The performance of our operating segments is evaluated based on segment operating income (loss), which is defined as income (loss) before income taxes and equity in loss of affiliate and before the following: net interest expense, net other non operating income (loss), corporate expenses, restructuring, impairment and other charges, inventory impairments, merger and related costs and certain gains and losses not allocated to the operating segments. Three Months Ended June 30, Six Months Ended June 30, Segment income (loss) before income taxes 2018 2017 2018 2017 Oilfield Services $ 189 $ (66 ) $ 330 $ (123 ) Oilfield Equipment (12 ) 17 (18 ) 67 Turbomachinery & Process Solutions 113 122 232 374 Digital Solutions 96 79 169 163 Total segment 387 152 714 481 Corporate (98 ) (70 ) (196 ) (190 ) Inventory impairment (1) (15 ) (4 ) (76 ) (19 ) Restructuring, impairment and other (146 ) (59 ) (308 ) (101 ) Merger and related costs (50 ) (85 ) (96 ) (151 ) Other non operating income, net 43 50 45 58 Interest expense, net (63 ) (14 ) (109 ) (34 ) Total $ 58 $ (30 ) $ (27 ) $ 44 (1) Charges for inventory impairments are reported in the "Cost of goods sold" caption of the condensed consolidated and combined statements of income (loss).

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Product Warranties	An analysis of changes in the liability for product warranties are as follows: Balance at December 31, 2017, and 2016, respectively $ 164 $ 74 Provisions 18 18 Expenditures (15 ) (26 ) Other (1) 119 1 Balance at June 30, 2018, and 2017, respectively $ 286 $ 67 (1) Primarily related to the acquisition of Baker Hughes.

Restructuring, Impairment and42

Restructuring, Impairment and Other (Tables)	6 Months Ended
	Jun. 30, 2018
Restructuring and Related Activities [Abstract]
Impairment and Restructuring Charges	The amount of costs not included in the reported segment results is as follows: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Oilfield Services $ 40 $ 11 $ 99 $ 23 Oilfield Equipment 6 9 18 10 Turbomachinery & Process Solutions 11 12 39 22 Digital Solutions 7 4 16 14 Corporate 4 2 21 4 Total $ 68 $ 38 $ 193 $ 73 These costs were primarily related to product line terminations, plant closures and related expenses such as property, plant and equipment impairments, contract terminations and costs of assets' and employees' relocation, employee-related termination benefits, and other incremental costs that were a direct result of the restructuring plans. Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 Property, plant & equipment, net $ 18 $ 2 $ 37 $ 12 Employee-related termination expenses 16 24 99 39 Asset relocation costs 8 2 13 5 Environmental remediation costs — 4 3 7 Contract termination fees 21 4 28 5 Other incremental costs 5 2 13 5 Total $ 68 $ 38 $ 193 $ 73

Basis of Presentation and Sum43

Basis of Presentation and Summary of Significant Accounting Policies (Details) Employee in Thousands, $ in Millions	Jan. 01, 2016USD ($)	Jun. 30, 2018USD ($)Employeecountry	Dec. 31, 2017USD ($)	Jul. 03, 2017
Business Acquisition [Line Items]
Countries in which our business is conducted | country		120
Number of our employees | Employee		64
Restricted cash and cash equivalents held in bank accounts		$ 975	$ 1,190
Cumulative effect on retained earnings	$ (432)
Effect of adoption of ASU 2016-16 on taxes (1)		$ 67
GE Transaction Agreement | General Electric Company
Business Acquisition [Line Items]
Approximate interest to be acquired		62.50%		62.50%
GE Transaction Agreement | Baker Hughes Incorporated
Business Acquisition [Line Items]
Approximate interest to be acquired		37.50%		37.50%
Related party amount, due to related party | GE
Business Acquisition [Line Items]
Cash held on behalf of GE		$ 939	1,124
Cash and cash equivalents		783	997
Related party amount, due to related party | GE | Geographic distribution, foreign
Business Acquisition [Line Items]
Cash held on behalf of GE		604	764
Restricted cash		$ 0	$ 7
Minimum
Business Acquisition [Line Items]
Performance obligations expected to be satisfied, expected timing		10 years
Maximum
Business Acquisition [Line Items]
Performance obligations expected to be satisfied, expected timing		20 years

Basis of Presentation and Sum44

Basis of Presentation and Summary of Significant Accounting Policies - Revenue recognition standard, statements of income (loss) (Details) - USD ($) $ in Millions	3 Months Ended					6 Months Ended		12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenues	$ 5,548			$ 3,015		$ 10,947	$ 6,079
Operating income (loss)	78			(66)		37	20
Net income (loss) attributable to Baker Hughes, a GE company, LLC	(51)			(26)		(194)	42
ASU 2014-09 | Difference between revenue guidance in effect before and after Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenues		$ 36	$ (73)	4	$ (47)			$ (80)	$ (187)
Operating income (loss)		(14)	(64)	(6)	(91)			(175)	(226)
Net income (loss) attributable to Baker Hughes, a GE company, LLC		1	(84)	(10)	(57)			(150)	(149)
Sales of goods
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenues	3,119			2,270		6,279	4,509
Sales of goods | ASU 2014-09 | Difference between revenue guidance in effect before and after Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenues		86	13	37	27			163	(26)
Sales of services
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenues	$ 2,429			745		$ 4,668	$ 1,570
Sales of services | ASU 2014-09 | Difference between revenue guidance in effect before and after Topic 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenues		$ (50)	$ (86)	$ (33)	$ (74)			$ (243)	$ (161)

Basis of Presentation and Sum45

Basis of Presentation and Summary of Significant Accounting Policies - Revenue recognition standard, statements of financial position (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
ASSETS
Current receivables, net	$ 6,167	$ 6,128
Inventories, net	4,675	4,507
Contract and other deferred assets	1,911	2,044
Deferred income taxes	1,187	715
LIABILITIES AND EQUITY
All other current liabilities	2,356	2,046
All other liabilities	1,073	889
Baker Hughes, a GE company, LLC members' equity	36,585	38,256
Noncontrolling interests	$ 109	140
ASU 2014-09 | Difference between revenue guidance in effect before and after Topic 606
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, LLC members' equity		$ (763)

Basis of Presentation and Sum46

Basis of Presentation and Summary of Significant Accounting Policies - New accounting policy (Details) - USD ($) $ in Millions	3 Months Ended					6 Months Ended		12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating income (loss)	$ 78			$ (66)		$ 37	$ 20
Other non operating income, net	$ 43			50		$ 45	$ 58
ASU 2017-07
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating income (loss)		$ (5)	$ (7)	9	$ 2			$ (1)	$ 24
Other non operating income, net		$ 5	$ 7	$ (9)	$ (2)			$ 1	$ (24)

Revenue Related to Contracts 47

Revenue Related to Contracts With Customers - Disaggregated revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disaggregation of Revenue [Line Items]
Revenues	$ 5,548	$ 3,015	$ 10,947	$ 6,079
Performance obligations expected to be satisfied	20,900		20,900
U.S.
Disaggregation of Revenue [Line Items]
Revenues	1,560	700	3,043	1,421
Non-U.S.
Disaggregation of Revenue [Line Items]
Revenues	$ 3,988	$ 2,315	$ 7,904	$ 4,658

Revenue Related to Contracts 48

Revenue Related to Contracts With Customers (Details)	6 Months Ended
	Jun. 30, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-04-01
Disaggregation of Revenue [Line Items]
Performance obligations expected to be satisfied, percentage	44.00%
Performance obligations expected to be satisfied, expected timing	2 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01
Disaggregation of Revenue [Line Items]
Performance obligations expected to be satisfied, percentage	62.00%
Performance obligations expected to be satisfied, expected timing	5 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-04-01
Disaggregation of Revenue [Line Items]
Performance obligations expected to be satisfied, percentage	89.00%
Performance obligations expected to be satisfied, expected timing	15 years

Business Acquisition (Details)

Business Acquisition (Details) - USD ($) $ in Millions	Jul. 03, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Business Acquisition [Line Items]
Transaction related costs		$ 50	$ 85	$ 96	$ 151
GE Transaction Agreement
Business Acquisition [Line Items]
Consideration transferred	$ 24,798
Acquisition remeasurement, goodwill				891
Acquisition remeasurement, property, plant and equipment		(362)
Acquisition remeasurement, equity method investment		(228)
Acquisition remeasurement, intangible assets		(123)
Acquisition remeasurement, other liabilities		$ 314
Acquisition remeasurement, amortization and depreciation expense				$ (33)

Business Acquisition - Identifi

Business Acquisition - Identifiable assets acquired and liabilities assumed (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017	Jul. 03, 2017	Dec. 31, 2016
Liabilities
Goodwill (3)	$ 20,463	$ 19,654		$ 6,680
GE Transaction Agreement
Assets
Cash and equivalents			$ 4,133
Current receivables			2,342
Inventories			1,712
Property, plant and equipment			4,514
Intangible assets (1)			4,005
Deferred income taxes (2)			30
All other assets			1,335
Liabilities
Accounts payable			(1,213)
Borrowings			(3,370)
Liabilities for pension and other postretirement benefits			(654)
All other liabilities			(1,670)
Total identifiable net assets			11,164
Noncontrolling interest associated with net assets acquired			(35)
Goodwill (3)			13,669
Total purchase consideration			24,798
Deferred tax liabilities			83
Deferred tax asset, loss carryforward			113
Tax deductible goodwill			$ 67

Business Acquisition - Estimate

Business Acquisition - Estimated fair value and average life (Details) - USD ($) $ in Millions	Jul. 03, 2017	Jun. 30, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Other intangible assets, net		$ 5,973	$ 6,358
Minimum
Business Acquisition [Line Items]
Estimated useful lives		1 year
Maximum
Business Acquisition [Line Items]
Estimated useful lives		30 years
GE Transaction Agreement
Business Acquisition [Line Items]
Other intangible assets, net	$ 4,005
Deferred income taxes	83
Deferred tax asset, loss carryforward	113
Customer relationships | GE Transaction Agreement
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 1,240
Estimated useful lives	15 years
Patents and technology | GE Transaction Agreement
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 465
Estimated useful lives	10 years
Capitalized software | GE Transaction Agreement
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 64
Estimated useful lives	2 years
Trade names - other | GE Transaction Agreement
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 45
Estimated useful lives	10 years
Favorable lease contracts & others | GE Transaction Agreement
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 21
Estimated useful lives	10 years
Trade names and trademarks | GE Transaction Agreement
Business Acquisition [Line Items]
Indefinite-lived Intangible Assets Acquired	$ 2,100
In-process research and development | GE Transaction Agreement
Business Acquisition [Line Items]
Indefinite-lived Intangible Assets Acquired	$ 70

Business Acquisition - Pro form

Business Acquisition - Pro forma (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Business Acquisition [Line Items]
Net loss attributable to the Company	$ (38)	$ (20)	$ (181)	$ 46
GE Transaction Agreement
Business Acquisition [Line Items]
Revenue		5,417		10,741
Net loss		(241)		(261)
Net loss attributable to the Company		$ (247)		$ (264)

Current Receivables (Details)

Current Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total current receivables, gross	$ 6,500	$ 6,458
Less: Allowance for doubtful accounts	(333)	(330)
Total current receivables, net	6,167	6,128
Customer receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total current receivables, gross	4,891	4,700
Related parties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total current receivables, gross	873	914
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total current receivables, gross	$ 736	$ 844

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Inventory, Net [Abstract]
Inventory valuation reserves	$ 413		$ 413		$ 360
Finished goods	2,656		2,656		2,577
Work in process and raw material	2,019		2,019		1,930
Total inventories, net	4,675		4,675		$ 4,507
Inventory impairment	$ 15	$ 4	$ 76	$ 19

Goodwill and Other Intangible55

Goodwill and Other Intangible Assets - Schedule of Goodwill (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill [Line Items]
Balance at December 31, 2016, gross			$ 10,434
Goodwill impairment			(3,754)
Goodwill [Roll Forward]
Goodwill, net, beginning balance	$ 19,654	$ 6,680
Goodwill, acquisition		12,778
Goodwill, currency exchange and others	(82)	196
Goodwill, net, ending balance	20,463	19,654
Operating segments | Oilfield Services
Goodwill [Line Items]
Balance at December 31, 2016, gross			2,779
Goodwill impairment			(2,633)
Goodwill [Roll Forward]
Goodwill, net, beginning balance	12,932	146
Goodwill, acquisition		12,778
Goodwill, currency exchange and others	(18)	8
Purchase accounting adjustments	(174)
Goodwill, net, ending balance	12,740	12,932
Operating segments | Oilfield Equipment
Goodwill [Line Items]
Balance at December 31, 2016, gross			3,852
Goodwill impairment			(867)
Goodwill [Roll Forward]
Goodwill, net, beginning balance	3,034	2,985
Goodwill, acquisition		0
Goodwill, currency exchange and others	(36)	49
Purchase accounting adjustments	242
Goodwill, net, ending balance	3,240	3,034
Operating segments | Turbomachinery & Process Solutions
Goodwill [Line Items]
Balance at December 31, 2016, gross			1,814
Goodwill impairment			0
Goodwill [Roll Forward]
Goodwill, net, beginning balance	1,906	1,814
Goodwill, acquisition		0
Goodwill, currency exchange and others	(23)	92
Purchase accounting adjustments	394
Goodwill, net, ending balance	2,277	1,906
Operating segments | Digital Solutions
Goodwill [Line Items]
Balance at December 31, 2016, gross			1,989
Goodwill impairment			$ (254)
Goodwill [Roll Forward]
Goodwill, net, beginning balance	1,782	1,735
Goodwill, acquisition		0
Goodwill, currency exchange and others	(5)	47
Purchase accounting adjustments	429
Goodwill, net, ending balance	2,206	$ 1,782
GE Transaction Agreement
Goodwill [Roll Forward]
Purchase accounting adjustments	891
GE Transaction Agreement | Operating segments | Oilfield Services
Goodwill [Roll Forward]
Goodwill, acquisition	$ 12,604

Goodwill and Other Intangible56

Goodwill and Other Intangible Assets - Schedule of Intangible Assets by Type (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 6,125	$ 6,276
Finite-lived intangible assets, accumulated amortization	(2,381)	(2,115)
Finite-lived intangible assets, net	3,744	4,161
Indefinite-lived intangible assets	2,229	2,197
Intangible assets, gross	8,354	8,473
Other intangible assets, net	5,973	6,358
Technology
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	1,102	1,177
Finite-lived intangible assets, accumulated amortization	(496)	(440)
Finite-lived intangible assets, net	606	737
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	3,169	3,202
Finite-lived intangible assets, accumulated amortization	(899)	(819)
Finite-lived intangible assets, net	2,270	2,383
Capitalized software
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	1,114	1,130
Finite-lived intangible assets, accumulated amortization	(762)	(697)
Finite-lived intangible assets, net	352	433
Trade names and trademarks
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	726	757
Finite-lived intangible assets, accumulated amortization	(223)	(159)
Finite-lived intangible assets, net	503	598
Other
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	14	10
Finite-lived intangible assets, accumulated amortization	(1)	0
Finite-lived intangible assets, net	$ 13	$ 10

Goodwill and Other Intangible57

Goodwill and Other Intangible Assets - Schedule of Future Estimated Amortization Expense (Details) $ in Millions	Jun. 30, 2018USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2018	$ 185
2,019	367
2,020	331
2,021	283
2,022	247
2,023	$ 226

Goodwill and Other Intangible58

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Amortization expense for intangible assets included in net income	$ 101	$ 86	$ 240	$ 149
GE Transaction Agreement
Finite-Lived Intangible Assets [Line Items]
Amortization expense for intangible assets included in net income			68
Trade names and trademarks
Finite-Lived Intangible Assets [Line Items]
Amortization expense for intangible assets included in net income	$ 32		$ 69
Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives			1 year
Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives			30 years

Contract and Other Deferred A59

Contract and Other Deferred Assets (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Jan. 01, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contract assets (revenue in excess of billings)	$ 1,652		$ 1,652		$ 1,684	$ 1,233
Deferred inventory costs (3)	245		245		360	$ 276
Non-recurring engineering costs	14		14		0
Contract and other deferred assets	1,911		1,911		2,044
Revenue recognized from performing obligations satisfied in previous periods	12	$ 10	22	$ 40
Long-term product service agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contract assets (revenue in excess of billings)	593		593		589
Long-term equipment contract revenue (1)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contract assets (revenue in excess of billings)	$ 1,059		$ 1,059		$ 1,095

Progress Collections and Defe60

Progress Collections and Deferred Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Jan. 01, 2017
Disaggregation of Revenue [Line Items]
Progress collections and deferred income (contract liabilities) (1)	$ 1,630		$ 1,630		$ 1,775	$ 2,038
Revenue recognized, included in contract liability	404	$ 506	1,006	$ 1,035
Progress collections
Disaggregation of Revenue [Line Items]
Progress collections and deferred income (contract liabilities) (1)	1,466		1,466		1,456
Deferred income
Disaggregation of Revenue [Line Items]
Progress collections and deferred income (contract liabilities) (1)	$ 164		$ 164		$ 319

Borrowings - Short-term and lon

Borrowings - Short-term and long-term borrowings (Details) - USD ($) $ in Millions		Jun. 30, 2018	Dec. 31, 2017
Short-term borrowings
Current portion of long-term borrowings		$ 0	$ 639
Total short-term borrowings	[1]	1,067	2,037
Long-term borrowings
Capital leases		111	87
Other Long-term Debt		17	22
Total long-term borrowings		6,319	6,312
Total borrowings		$ 7,386	8,349
3.2% Senior Notes due August 2021
Debt Instrument [Line Items]
Stated interest rate		3.20%
2.773% Senior Notes due December 2022
Debt Instrument [Line Items]
Stated interest rate		2.773%
8.55% Debentures due June 2024
Debt Instrument [Line Items]
Stated interest rate		8.55%
3.337% Senior Notes due December 2027
Debt Instrument [Line Items]
Stated interest rate		3.337%
6.875% Notes due January 2029
Debt Instrument [Line Items]
Stated interest rate		6.875%
5.125% Notes due September 2040
Debt Instrument [Line Items]
Stated interest rate		5.125%
4.08% Senior Notes due December 2047
Debt Instrument [Line Items]
Stated interest rate		4.08%
Senior Notes | 3.2% Senior Notes due August 2021
Long-term borrowings
Long-term borrowings		$ 525	526
Senior Notes | 2.773% Senior Notes due December 2022
Long-term borrowings
Long-term borrowings		1,244	1,244
Senior Notes | 3.337% Senior Notes due December 2027
Long-term borrowings
Long-term borrowings		1,342	1,342
Senior Notes | 6.875% Notes due January 2029
Long-term borrowings
Long-term borrowings		302	308
Senior Notes | 5.125% Notes due September 2040
Long-term borrowings
Long-term borrowings		1,309	1,311
Senior Notes | 4.08% Senior Notes due December 2047
Long-term borrowings
Long-term borrowings		1,336	1,337
Debentures | 8.55% Debentures due June 2024
Long-term borrowings
Long-term borrowings		133	135
Short-term bank borrowings
Short-term borrowings
Short-term borrowings		55	171
Short-term borrowings from GE
Short-term borrowings
Short-term borrowings		939	1,124
Other borrowings
Short-term borrowings
Short-term borrowings		$ 73	$ 103
[1]	Total assets include $939 million and $1,124 million of assets held on behalf of GE, of which $783 million and $997 million is cash and cash equivalents and $156 million and $127 million is investment securities at June 30, 2018 and December 31, 2017, respectively, and a corresponding amount of liability is reported in short-term borrowings. See "Note 15. Related Party Transactions" for further details.

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($)	Jul. 03, 2017	Dec. 31, 2017	Jun. 30, 2018	Dec. 11, 2017
Line of Credit Facility [Line Items]
Estimated fair value of debt		$ 8,466,000,000	$ 7,061,000,000
2017 Credit Agreement | Revolving credit facility
Line of Credit Facility [Line Items]
Debt instrument, term	5 years
Line of credit facility, maximum borrowing capacity	$ 3,000,000,000
Baker Hughes Co-Obligor, Inc. | BHGE LLC
Line of Credit Facility [Line Items]
Ownership percentage		100.00%
Senior Notes | Private Placement | BHGE LLC
Line of Credit Facility [Line Items]
Debt instrument, face				$ 3,950,000,000

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - Pension Benefits	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)plan	Jun. 30, 2017USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Multiemployer plan, contributions by employer | $	$ 43,000,000	$ 45,000,000	$ 80,000,000	$ 71,000,000
Pension assets or obligations, threshold, per plan | $	$ 20,000,000		$ 20,000,000
U.S.
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Number of plans | plan			7
Non-U.S. Pension Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Number of plans | plan			6

Employee Benefit Plans - Net pe

Employee Benefit Plans - Net period cost (Details) - Pension Benefits - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Components of net periodic benefit cost [Abstract]
Service cost	$ 5	$ 5	$ 10	$ 8
Interest cost	18	7	36	14
Expected return on plan assets	(30)	(10)	(60)	(20)
Amortization of net actuarial loss	2	2	4	5
Net periodic cost (benefit)	$ (5)	$ 4	$ (10)	$ 7

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 62	$ (10)	$ 100	$ (2)
U.S. income tax rate			21.00%
Loss with no tax benefit, valuation allowance	46		$ 96
Loss with no tax benefit, jurisdiction	$ 10		$ 17
General Electric Oil & Gas | U.S. and Foreign Authorities
Investments, Owned, Federal Income Tax Note [Line Items]
Business combination, earnings attributable to tax, before tax, percent				100.00%

Members' Equity (Details)

Members' Equity (Details) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018	Jul. 03, 2017
Class of Stock [Line Items]
Common units issued during period (in units)	542,000	924,000
GE Transaction Agreement | General Electric Company
Class of Stock [Line Items]
Approximate interest to be acquired	62.50%	62.50%	62.50%
GE Transaction Agreement | Baker Hughes Incorporated
Class of Stock [Line Items]
Approximate interest to be acquired	37.50%	37.50%	37.50%

Members' Equity - Changes in Nu

Members' Equity - Changes in Number of Shares Outstanding (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018	Nov. 02, 2017
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common units repurchase, authorized amount			$ 3,000
Common units repurchase, units repurchased (in units)	13,927,859	30,742,152
Common units repurchase, amount repurchased	$ 1,000	$ 500
Baker Hughes, a GE Company (BHGE | Common Units
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance (in units)		422,208,000
Repurchase of common units (in units)		(11,501,000)
Ending Balance (in units)	411,631,000	411,631,000
Baker Hughes, a GE Company (BHGE | Restricted Stock Units (RSUs) | Common Units
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issue of units to BHGE under equity incentive plan (in units)		924,000
General Electric Company | Common Units
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance (in units)		706,985,000
Repurchase of common units (in units)		(19,241,000)
Ending Balance (in units)	687,743,000	687,743,000
General Electric Company | Restricted Stock Units (RSUs) | Common Units
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issue of units to BHGE under equity incentive plan (in units)		0
BHGE LLC
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common units repurchase, authorized amount	$ 1,500	$ 1,500

Members' Equity - Accumulated O

Members' Equity - Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			$ 38,396
Other comprehensive income (loss)	$ (539)	$ (141)	(223)	$ (66)
Less: Other comprehensive income attributable to noncontrolling interests	1	(1)	1	(3)
Ending Balance	36,694		36,694
Investment Securities, Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			1	0
Ending Balance	(1)	0	(1)	0
Investment Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications			(1)	39
Amounts reclassified from accumulated other comprehensive income (loss)			0	(38)
Deferred taxes			(1)	0
Other comprehensive income (loss)			(2)	1
Investment Securities, Noncontrolling Interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Less: Other comprehensive income attributable to noncontrolling interests			0	1
Foreign Currency Translation Adjustment, Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(1,824)	(1,795)
Ending Balance	(2,047)	(1,869)	(2,047)	(1,869)
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications			(224)	(63)
Amounts reclassified from accumulated other comprehensive income (loss)			0	0
Deferred taxes			0	(10)
Other comprehensive income (loss)			(224)	(73)
Foreign Currency Translation Adjustment, Noncontrolling Interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Less: Other comprehensive income attributable to noncontrolling interests			(1)	1
Cash Flow Hedges, Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			2	(10)
Ending Balance	3	(1)	3	(1)
Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications			1	2
Amounts reclassified from accumulated other comprehensive income (loss)			0	9
Deferred taxes			0	(2)
Other comprehensive income (loss)			1	9
Cash Flow Hedges, Noncontrolling Interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Less: Other comprehensive income attributable to noncontrolling interests				0
Benefit Plans, Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(60)	(83)
Ending Balance	(58)	(87)	(58)	(87)
Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications			4	(5)
Amounts reclassified from accumulated other comprehensive income (loss)			0	(2)
Deferred taxes			(2)	4
Other comprehensive income (loss)			2	(3)
Benefit Plans, Noncontrolling Interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Less: Other comprehensive income attributable to noncontrolling interests			0	1
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(1,881)	(1,888)
Other comprehensive income (loss)			(222)	(69)
Ending Balance	$ (2,103)	$ (1,957)	(2,103)	(1,957)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss) before reclassifications			(220)	(27)
Amounts reclassified from accumulated other comprehensive income (loss)			0	(31)
Deferred taxes			(3)	(8)
Other comprehensive income (loss)			(223)	(66)
Accumulated Other Comprehensive Income (Loss), Noncontrolling Interest
Accumulated Other Comprehensive Income (Loss) [Line Items]
Less: Other comprehensive income attributable to noncontrolling interests			$ (1)	$ 3

Financial Instruments - Narrati

Financial Instruments - Narrative (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, notional amount	$ 10,500	$ 10,200
Derivative, notional amount, net	2,800	$ 3,300
Derivative, transfer to earnings	$ 2
Cash flow hedging
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, term	2 years	3 years
Related party amount, due to related party | GE
Derivative Instruments, Gain (Loss) [Line Items]
Investment securities	$ 156	$ 127
Non-U.S. debt securities
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, term	3 years

Financial Instruments - Recurri

Financial Instruments - Recurring fair value measurements (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 221	$ 150
Assets, fair value	221	150
Derivative liability	(248)	(95)
Liabilities, fair value	(248)	(95)
Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	221	150
Investment securities	376	393
Assets, fair value	597	543
Derivative liability	(248)	(95)
Liabilities, fair value	(248)	(95)
Fair value, measurements, recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Investment securities	66	81
Assets, fair value	66	81
Derivative liability	0	0
Liabilities, fair value	0	0
Fair value, measurements, recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	221	150
Investment securities	0	8
Assets, fair value	221	158
Derivative liability	(248)	(95)
Liabilities, fair value	(248)	(95)
Fair value, measurements, recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Investment securities	310	304
Assets, fair value	310	304
Derivative liability	0	0
Liabilities, fair value	$ 0	$ 0

Financial Instruments - Reconci

Financial Instruments - Reconciliation of recurring Level 3 fair value measurements (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Beginning balance	$ 304
Purchases	36
Proceeds at maturity	(30)
Ending balance	$ 310

Financial Instruments - Investm

Financial Instruments - Investment Securities (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, amortized cost	$ 375	$ 391
Available-for-sale, gross unrealized gains	1	2
Available-for-sale, gross unrealized losses	0	0
Available-for-sale, estimated fair value	376	393
Non-U.S. debt securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, amortized cost	309	310
Available-for-sale, gross unrealized gains	1	2
Available-for-sale, gross unrealized losses	0	0
Available-for-sale, estimated fair value	310	312
Equity securities
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale, amortized cost	66	81
Available-for-sale, gross unrealized gains	0	0
Available-for-sale, gross unrealized losses	0	0
Available-for-sale, estimated fair value	$ 66	$ 81

Financial Instruments - Derivat

Financial Instruments - Derivatives and hedging (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Derivatives, Fair Value [Line Items]
Assets, fair value	$ 221	$ 150
Liabilities, fair value	(248)	(95)
Currency exchange contracts | Designated as hedging instrument
Derivatives, Fair Value [Line Items]
Assets, fair value	2	6
Liabilities, fair value	(1)	0
Currency exchange contracts | Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Assets, fair value	219	144
Liabilities, fair value	$ (247)	$ (95)

Financial Instruments - Deriv74

Financial Instruments - Derivatives (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative assets	$ 221	$ 150
Derivative liability	(248)	(95)
Derivative Assets (Liabilities), at Fair Value, Net	$ (27)	$ 55

Financial Instruments - Hedges

Financial Instruments - Hedges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Designated as hedging instrument | Cash flow hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	$ (7)	$ 4	$ 1	$ 2
Effect on underlying	7	(4)	(1)	(2)
Effect on earnings (1)	0	0	0	0
Not designated as hedging instrument, economic hedge
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	(10)	9	7	1
Effect on underlying	(9)	(9)	(24)	0
Effect on earnings (1)	$ (19)	$ 0	$ (17)	$ 1

Financial Instruments - Cash fl

Financial Instruments - Cash flow hedges (Details) - Cash flow hedging - Currency exchange contracts - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	$ (7)	$ 4	$ 1	$ 2
Gain (loss) reclassified from AOCI to earnings	$ 0	$ (2)	$ 0	$ (8)

Segment Information (Details)

Segment Information (Details)	6 Months Ended
	Jun. 30, 2018segment
Segment Reporting [Abstract]
Number of operating segments	4

Segment Information - Operating

Segment Information - Operating profit (loss) by segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Summarized financial information [Abstract]
Income (loss) before income taxes and equity in loss of affiliate	$ 58	$ (30)	$ (27)	$ 44
Inventory impairment	(15)	(4)	(76)	(19)
Merger and related costs	(50)	(85)	(96)	(151)
Other non operating income, net	43	50	45	58
Interest expense, net	(63)	(14)	(109)	(34)
Operating segments
Summarized financial information [Abstract]
Total revenue	5,548	3,015	10,947	6,079
Income (loss) before income taxes and equity in loss of affiliate	387	152	714	481
Corporate
Summarized financial information [Abstract]
Income (loss) before income taxes and equity in loss of affiliate	(98)	(70)	(196)	(190)
Segment reconciling items
Summarized financial information [Abstract]
Inventory impairment	(15)	(4)	(76)	(19)
Restructuring, impairment and other	(146)	(59)	(308)	(101)
Merger and related costs	(50)	(85)	(96)	(151)
Other non operating income, net	43	50	45	58
Interest expense, net	(63)	(14)	(109)	(34)
Oilfield Services | Operating segments
Summarized financial information [Abstract]
Total revenue	2,884	228	5,562	440
Income (loss) before income taxes and equity in loss of affiliate	189	(66)	330	(123)
Oilfield Equipment | Operating segments
Summarized financial information [Abstract]
Total revenue	617	681	1,281	1,397
Income (loss) before income taxes and equity in loss of affiliate	(12)	17	(18)	67
Turbomachinery & Process Solutions | Operating segments
Summarized financial information [Abstract]
Total revenue	1,385	1,586	2,845	3,230
Income (loss) before income taxes and equity in loss of affiliate	113	122	232	374
Digital Solutions | Operating segments
Summarized financial information [Abstract]
Total revenue	662	520	1,260	1,011
Income (loss) before income taxes and equity in loss of affiliate	$ 96	$ 79	$ 169	$ 163

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Dec. 31, 2017	Jul. 03, 2017
Related Party Transaction [Line Items]
Income tax obligation	$ 62	$ (10)	$ 100	$ (2)
GE Transaction Agreement
Related Party Transaction [Line Items]
Cash repayment, threshold			$ 100
GE Transaction Agreement | General Electric Company
Related Party Transaction [Line Items]
Percentage of tax benefits						100.00%
Approximate interest to be acquired	62.50%		62.50%		62.50%		62.50%
GE Transaction Agreement | Baker Hughes Incorporated
Related Party Transaction [Line Items]
Approximate interest to be acquired	37.50%		37.50%		37.50%		37.50%
GE Capital accounts payable program
Related Party Transaction [Line Items]
Accounts payable, related party	$ 417		$ 417		$ 417	$ 293
Accounts Payable, GE and its affiliates
Related Party Transaction [Line Items]
Accounts payable, related party	583		583		583	575
GE | GE’s corporate overhead
Related Party Transaction [Line Items]
Selling, general and administrative expenses, agreement					55
GE | Intercompany Services Agreement
Related Party Transaction [Line Items]
Related party transaction	14		28
GE | Sales of products and services, GE and its affiliates
Related Party Transaction [Line Items]
Related party transaction	38		76
Revenue from related parties	84	225	184	374
GE | Purchases, GE and its affiliates
Related Party Transaction [Line Items]
Related party purchases	523	$ 335	926	$ 681
GE | Related party amount, due to related party
Related Party Transaction [Line Items]
Cash held on behalf of GE	939		939		939	1,124
Cash and cash equivalents	783		783		783	997
Investment securities	156		156		156	$ 127
Baker Hughes, a GE Company (BHGE
Related Party Transaction [Line Items]
Accounts receivable, related parties, current	$ 128		128		$ 128
Common Class B | GE Transaction Agreement | General Electric Company
Related Party Transaction [Line Items]
Approximate interest to be acquired						62.50%
Common Class A | GE Transaction Agreement | Baker Hughes Incorporated
Related Party Transaction [Line Items]
Approximate interest to be acquired						37.50%
U.S. and Foreign Authorities | General Electric Company
Related Party Transaction [Line Items]
Income tax obligation			$ 33

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) € in Millions, $ in Millions	Feb. 17, 2017USD ($)	Aug. 03, 2016EUR (€)	Jun. 30, 2018EUR (€)	Jun. 30, 2018USD ($)shares
Loss Contingencies [Line Items]
Off-balance sheet arrangements | $				$ 3,400
Equipment failure | Pending litigation | Natural Gas Storage System in Northern Germany
Loss Contingencies [Line Items]
Marginal rate on annual prime rate (percent)		5.00%
Value of alleged damages sought | €		€ 202
Breach of contract | Pending litigation | Saniteq LLC v. GE Infrastructure Sensing, Inc.
Loss Contingencies [Line Items]
Value of alleged damages sought | $	$ 500
Damage from fire | Pending litigation | INOES and Naphtachimie [Member]
Loss Contingencies [Line Items]
Value of alleged damages sought | €			€ 250
GE Transaction Agreement | Pending litigation
Loss Contingencies [Line Items]
Common stock, shares outstanding, appraisal rights (in shares) | shares				1,875,000

Commitments and Contingencies81

Commitments and Contingencies - Schedule of Product Warranties (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 164	$ 74
Provisions	18	18
Expenditures	(15)	(26)
Other (1)	119	1
Ending balance	$ 286	$ 67

Restructuring, Impairment and82

Restructuring, Impairment and Other - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring, impairment and other	$ 146	$ 59	$ 308	$ 101
Restructuring charges	68	38	193	73
Estimated remaining charges	151		151
Restructuring Cost and Reserve [Line Items]
Accelerated amortization	101	86	240	149
Restructuring, impairment and other charges
Restructuring Cost and Reserve [Line Items]
Other asset impairment charges and foreign currency translation gain (loss), realized	78	21	115	28
Accelerated amortization	32
Currency gain (loss)		(6)		(12)
Corporate
Restructuring and Related Activities [Abstract]
Restructuring charges	4	$ 2	$ 21	$ 4
Corporate | Restructuring, impairment and other charges
Restructuring Cost and Reserve [Line Items]
Litigation costs	25
Turbomachinery and Process Solutions and Oilfield Services | Operating segments | Restructuring, impairment and other charges
Restructuring Cost and Reserve [Line Items]
Business exit costs	$ 12

Restructuring, Impairment and83

Restructuring, Impairment and Other - Schedule of Restructuring Charges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	$ 68	$ 38	$ 193	$ 73
Property, plant & equipment, net
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	18	2	37	12
Employee-related termination expenses
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	16	24	99	39
Asset relocation costs
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	8	2	13	5
Environmental remediation costs
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	0	4	3	7
Contract termination fees
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	21	4	28	5
Other incremental costs
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	5	2	13	5
Corporate
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	4	2	21	4
Oilfield Services | Operating segments
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	40	11	99	23
Oilfield Equipment | Operating segments
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	6	9	18	10
Turbomachinery & Process Solutions | Operating segments
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	11	12	39	22
Digital Solutions | Operating segments
Restructuring Cost and Reserve [Line Items]
Total restructuring charges	$ 7	$ 4	$ 16	$ 14

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	Jul. 18, 2018USD ($)
Natural Gas Solution | Scenario, Forecast | Disposal group, not discontinued operations
Subsequent Event [Line Items]
Sales price	$ 375