2023 Q3 Form 10-Q Financial Statement
#000170160523000063 Filed on July 19, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $6.641B | $6.315B | $5.047B |
YoY Change | 23.69% | 25.12% | -1.85% |
Cost Of Revenue | $5.298B | $4.989B | $4.077B |
YoY Change | 24.81% | 22.37% | -2.14% |
Gross Profit | $1.343B | $1.326B | $970.0M |
YoY Change | 19.48% | 36.7% | -0.61% |
Gross Profit Margin | 20.22% | 21.0% | 19.22% |
Selling, General & Admin | $627.0M | $695.0M | $624.0M |
YoY Change | 1.13% | 11.38% | -2.8% |
% of Gross Profit | 46.69% | 52.41% | 64.33% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $267.0M | $276.0M | $275.0M |
YoY Change | 5.12% | 0.36% | -1.08% |
% of Gross Profit | 19.88% | 20.81% | 28.35% |
Operating Expenses | $627.0M | $695.0M | $624.0M |
YoY Change | 1.13% | 11.38% | -2.8% |
Operating Profit | $714.0M | $631.0M | -$25.00M |
YoY Change | 165.43% | -2624.0% | -112.89% |
Interest Expense | $50.00M | $90.00M | -$183.0M |
YoY Change | -176.92% | -149.18% | 98.91% |
% of Operating Profit | 7.0% | 14.26% | |
Other Income/Expense, Net | $94.00M | $10.00M | -$570.0M |
YoY Change | -256.67% | -101.75% | 804.76% |
Pretax Income | $759.0M | $614.0M | -$655.0M |
YoY Change | 427.08% | -193.74% | -1092.42% |
Income Tax | $235.0M | $200.0M | $182.0M |
% Of Pretax Income | 30.96% | 32.57% | |
Net Earnings | $518.0M | $410.0M | -$839.0M |
YoY Change | -3147.06% | -148.87% | 1133.82% |
Net Earnings / Revenue | 7.8% | 6.49% | -16.62% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $0.51 | $0.40 | -$0.84 |
COMMON SHARES | |||
Basic Shares Outstanding | 1.010B shares | 1.012B shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.253B | $3.849B | $3.893B |
YoY Change | 49.18% | -1.13% | -12.65% |
Cash & Equivalents | $3.201B | $2.805B | $2.928B |
Short-Term Investments | $1.052B | $1.044B | $965.0M |
Other Short-Term Assets | $1.491B | $582.0M | $1.647B |
YoY Change | -16.7% | -64.66% | -16.82% |
Inventory | $4.964B | $4.957B | $4.052B |
Prepaid Expenses | |||
Receivables | $6.505B | $6.418B | $5.572B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $16.16B | $15.81B | $14.20B |
YoY Change | 12.74% | 11.32% | -8.46% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $4.768B | $4.723B | $4.531B |
YoY Change | 8.83% | 4.24% | -10.91% |
Goodwill | $6.048B | $6.074B | $5.741B |
YoY Change | 11.28% | 5.8% | -5.14% |
Intangibles | $4.104B | $4.124B | $4.049B |
YoY Change | 3.12% | 1.85% | -3.64% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.004B | $3.811B | $2.913B |
YoY Change | 7.02% | 30.83% | -2.58% |
Total Long-Term Assets | $20.39B | $20.29B | $19.55B |
YoY Change | 8.28% | 3.75% | -7.58% |
TOTAL ASSETS | |||
Total Short-Term Assets | $16.16B | $15.81B | $14.20B |
Total Long-Term Assets | $20.39B | $20.29B | $19.55B |
Total Assets | $36.55B | $36.09B | $33.75B |
YoY Change | 10.21% | 6.93% | -7.95% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.123B | $4.154B | $3.764B |
YoY Change | 8.5% | 10.36% | 4.76% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | $5.187B | $5.101B | $3.289B |
YoY Change | 59.01% | 55.09% | -5.13% |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $802.0M | $797.0M | $34.00M |
YoY Change | 1765.12% | 2244.12% | -2.86% |
Total Short-Term Liabilities | $12.68B | $12.31B | $9.375B |
YoY Change | 33.98% | 31.32% | -4.39% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.857B | $5.847B | $6.625B |
YoY Change | -11.42% | -11.74% | -1.44% |
Other Long-Term Liabilities | $1.385B | $2.390B | $1.480B |
YoY Change | -8.1% | 61.49% | 3.5% |
Total Long-Term Liabilities | $1.385B | $8.237B | $1.480B |
YoY Change | -8.1% | 456.55% | 3.5% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $12.68B | $12.31B | $9.375B |
Total Long-Term Liabilities | $1.385B | $8.237B | $1.480B |
Total Liabilities | $14.07B | $20.97B | $10.86B |
YoY Change | 28.2% | 93.16% | -3.38% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$9.258B | -$9.776B | -$10.93B |
YoY Change | -15.4% | -10.53% | 4.44% |
Common Stock | $27.42B | $27.70B | $28.60B |
YoY Change | -2.86% | -3.15% | 8.93% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $15.25B | $15.13B | $14.88B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $36.55B | $36.09B | $33.75B |
YoY Change | 10.21% | 6.93% | -7.95% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $518.0M | $410.0M | -$839.0M |
YoY Change | -3147.06% | -148.87% | 1133.82% |
Depreciation, Depletion And Amortization | $267.0M | $276.0M | $275.0M |
YoY Change | 5.12% | 0.36% | -1.08% |
Cash From Operating Activities | $810.0M | $859.0M | $321.0M |
YoY Change | 35.68% | 167.6% | -36.56% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $281.0M | $277.0M | -$226.0M |
YoY Change | -859.46% | -222.57% | 32.16% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $192.0M | $92.00M | $62.00M |
YoY Change | -269.91% | 48.39% | -71.16% |
Cash From Investing Activities | -$89.00M | -$185.0M | -$164.0M |
YoY Change | -40.67% | 12.8% | -472.73% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -311.0M | -300.0M | -399.0M |
YoY Change | -27.51% | -24.81% | -61.26% |
NET CHANGE | |||
Cash From Operating Activities | 810.0M | 859.0M | 321.0M |
Cash From Investing Activities | -89.00M | -185.0M | -164.0M |
Cash From Financing Activities | -311.0M | -300.0M | -399.0M |
Net Change In Cash | 410.0M | 374.0M | -242.0M |
YoY Change | 2177.78% | -254.55% | -49.58% |
FREE CASH FLOW | |||
Cash From Operating Activities | $810.0M | $859.0M | $321.0M |
Capital Expenditures | $281.0M | $277.0M | -$226.0M |
Free Cash Flow | $529.0M | $582.0M | $547.0M |
YoY Change | -16.56% | 6.4% | -19.2% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Houston, | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
77073-5101 | ||
dei |
City Area Code
CityAreaCode
|
713 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
439-8600 | ||
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Security12b Title
Security12bTitle
|
Class A Common Stock, par value $0.0001 per share | ||
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Trading Symbol
TradingSymbol
|
BKR | ||
dei |
Security Exchange Name
SecurityExchangeName
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NASDAQ | ||
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Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
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Entity Interactive Data Current
EntityInteractiveDataCurrent
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Yes | ||
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Entity Filer Category
EntityFilerCategory
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Large Accelerated Filer | ||
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Entity Small Business
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false | ||
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Entity Emerging Growth Company
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false | ||
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Entity Shell Company
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|
140000000 | usd | |
CY2023Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
6766000000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
6299000000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
348000000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
341000000 | usd |
CY2023Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
6418000000 | usd |
CY2022Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
5958000000 | usd |
CY2023Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
2202000000 | usd |
CY2022Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
2202000000 | usd |
CY2022Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
2202000000 | usd |
CY2023Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
7015000000 | usd |
CY2023Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
400000000 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
396000000 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2604000000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2419000000 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
2353000000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
2168000000 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
4957000000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
4587000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
4813000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2891000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1922000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
4725000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2747000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1978000000 | usd |
CY2023Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
2202000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2891000000 | usd |
CY2023Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4124000000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
6927000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2747000000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4180000000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
63000000 | usd |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
55000000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
126000000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
110000000 | usd | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
124000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
232000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
192000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
146000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
123000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
107000000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
1555000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
1347000000 | usd |
CY2023Q2 | us-gaap |
Deferred Costs
DeferredCosts
|
180000000 | usd |
CY2022Q4 | us-gaap |
Deferred Costs
DeferredCosts
|
125000000 | usd |
CY2023Q2 | bkr |
Deferred Costs Other Noncurrent
DeferredCostsOtherNoncurrent
|
41000000 | usd |
CY2022Q4 | bkr |
Deferred Costs Other Noncurrent
DeferredCostsOtherNoncurrent
|
31000000 | usd |
CY2023Q2 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
1776000000 | usd |
CY2022Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
1503000000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
13000000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
17000000 | usd |
us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
14000000 | usd | |
us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
13000000 | usd | |
CY2023Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
5101000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
3822000000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
507000000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
513000000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1468000000 | usd | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1253000000 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
68000000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
63000000 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
137000000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
126000000 | usd | |
CY2023Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
19000000 | usd |
CY2022Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
13000000 | usd |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
34000000 | usd | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
22000000 | usd | |
CY2023Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
124000000 | usd |
CY2022Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
114000000 | usd |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
251000000 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
224000000 | usd | |
CY2023Q2 | us-gaap |
Lease Cost
LeaseCost
|
210000000 | usd |
CY2022Q2 | us-gaap |
Lease Cost
LeaseCost
|
190000000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
422000000 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
372000000 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.035 | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.031 | |
CY2023Q2 | us-gaap |
Debt Current
DebtCurrent
|
797000000 | usd |
CY2022Q4 | us-gaap |
Debt Current
DebtCurrent
|
677000000 | usd |
CY2023Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
57000000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
75000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
5847000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
5980000000 | usd |
CY2023Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
6644000000 | usd |
CY2022Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
6658000000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
5964000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
5863000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
200000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
379000000 | usd | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
182000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
289000000 | usd | |
CY2023Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
3600000 | shares |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
3600000 | shares | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
99000000 | usd | |
CY2023Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
99000000 | usd |
CY2023Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
27.66 | |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
27.66 | ||
CY2022Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
6700000 | shares |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
14800000 | shares | |
CY2022Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
226000000 | usd |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
462000000 | usd | |
CY2022Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
33.77 | |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
31.13 | ||
CY2023Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
2700000000 | usd |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
167000000 | usd | |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-9000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
0 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
176000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-162000000 | usd | |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-49000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
7000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-120000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-2000000 | usd | |
bkr |
Other Comprehensive Income Loss Netof Tax Stock And Units Repurchased Retired And Exchanged During Period
OtherComprehensiveIncomeLossNetofTaxStockAndUnitsRepurchasedRetiredAndExchangedDuringPeriod
|
286000000 | usd | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
414000000 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-837000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
995000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-757000000 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
4000000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
10000000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
10000000 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
410000000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-839000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
985000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-767000000 | usd | |
CY2023Q2 | us-gaap |
Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
|
534000000 | usd |
CY2023Q2 | bkr |
Equity Securities Accumulated Gross Unrealized Gain Before Tax
EquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
510000000 | usd |
CY2023Q2 | bkr |
Equity Securities Accumulated Gross Unrealized Loss Before Tax
EquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2023Q2 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
1044000000 | usd |
CY2022Q4 | us-gaap |
Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
|
557000000 | usd |
CY2022Q4 | bkr |
Equity Securities Accumulated Gross Unrealized Gain Before Tax
EquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
191000000 | usd |
CY2022Q4 | bkr |
Equity Securities Accumulated Gross Unrealized Loss Before Tax
EquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2022Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
748000000 | usd |
CY2023Q2 | bkr |
Investments Fair Value Disclosure Amortized Cost
InvestmentsFairValueDisclosureAmortizedCost
|
567000000 | usd |
CY2023Q2 | bkr |
Debt And Equity Securities Unrealized Gain
DebtAndEquitySecuritiesUnrealizedGain
|
511000000 | usd |
CY2023Q2 | bkr |
Debt And Equity Securities Unrealized Loss
DebtAndEquitySecuritiesUnrealizedLoss
|
0 | usd |
CY2023Q2 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1078000000 | usd |
CY2022Q4 | bkr |
Investments Fair Value Disclosure Amortized Cost
InvestmentsFairValueDisclosureAmortizedCost
|
557000000 | usd |
CY2022Q4 | bkr |
Debt And Equity Securities Unrealized Gain
DebtAndEquitySecuritiesUnrealizedGain
|
191000000 | usd |
CY2022Q4 | bkr |
Debt And Equity Securities Unrealized Loss
DebtAndEquitySecuritiesUnrealizedLoss
|
0 | usd |
CY2022Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
748000000 | usd |
CY2023Q2 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
-1000000 | usd |
CY2022Q2 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
-130000000 | usd |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
391000000 | usd | |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
-118000000 | usd | |
CY2023Q2 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
1044000000 | usd |
CY2022Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
748000000 | usd |
CY2023Q2 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
29000000 | usd |
CY2022Q2 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
-123000000 | usd |
us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
421000000 | usd | |
us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
-111000000 | usd | |
CY2023Q2 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
143000000 | usd |
CY2022Q4 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
60000000 | usd |
CY2023Q2 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
|
118000000 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
545000000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
551000000 | usd | |
CY2023Q2 | us-gaap |
Derivative Assets
DerivativeAssets
|
27000000 | usd |
CY2023Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
73000000 | usd |
CY2022Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
18000000 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
86000000 | usd |
CY2023Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
4100000000 | usd |
CY2022Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
3800000000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6315000000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5047000000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
12030000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9882000000 | usd | |
CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
31000000000 | usd |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6315000000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5047000000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
12030000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9882000000 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
614000000 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-655000000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1374000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-468000000 | usd | |
CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
276000000 | usd |
CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
275000000 | usd |
CY2023Q2 | us-gaap |
Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
|
5000000000 | usd |
CY2023Q2 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
102000000 | usd |
us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
158000000 | usd | |
CY2022Q2 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
371000000 | usd |
us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
441000000 | usd | |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
96000000 | usd |
us-gaap |
Restructuring Charges
RestructuringCharges
|
152000000 | usd | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
CY2023Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
15000000 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
33000000 | usd | |
CY2023Q2 | us-gaap |
Restructuring And Related Cost Expected Cost Remaining1
RestructuringAndRelatedCostExpectedCostRemaining1
|
45000000 | usd |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
96000000 | usd |
CY2022Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
25000000 | usd |
us-gaap |
Restructuring Charges
RestructuringCharges
|
152000000 | usd | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
29000000 | usd | |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
96000000 | usd |
CY2022Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
25000000 | usd |
us-gaap |
Restructuring Charges
RestructuringCharges
|
152000000 | usd | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
29000000 | usd | |
CY2023Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
6000000 | usd |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
6000000 | usd | |
CY2022Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
346000000 | usd |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
412000000 | usd | |
CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
true | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |