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Baker Hughes Co (LTS:0RR8) PensionAndRetirementBenefit : $984 Mil (As of Mar. 2024)


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What is Baker Hughes Co PensionAndRetirementBenefit?

Baker Hughes Co's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $984 Mil.

Baker Hughes Co's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($952 Mil) to Dec. 2023 ($978 Mil) and increased from Dec. 2023 ($978 Mil) to Mar. 2024 ($984 Mil).

Baker Hughes Co's annual PensionAndRetirementBenefit declined from Dec. 2021 ($1,110 Mil) to Dec. 2022 ($960 Mil) but then increased from Dec. 2022 ($960 Mil) to Dec. 2023 ($978 Mil).


Baker Hughes Co PensionAndRetirementBenefit Historical Data

The historical data trend for Baker Hughes Co's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Baker Hughes Co PensionAndRetirementBenefit Chart

Baker Hughes Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only 1,079.00 1,217.00 1,110.00 960.00 978.00

Baker Hughes Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 932.00 968.00 952.00 978.00 984.00

Baker Hughes Co PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


Baker Hughes Co (LTS:0RR8) Business Description

Industry
Address
17021 Aldine Westfield Road, Houston, TX, USA, 77073-5101
Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

Baker Hughes Co (LTS:0RR8) Headlines

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