Baker Hughes Company (BKR) FY2025 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-01-01 to 2025-06-30

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Baker Hughes Company cash flow reconciliation, Jan 1, 2025 through Jun 30, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $1,120,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $579,000,000.00Current receivables → Operating adjustments reconciliation: $532,000,000.00Stock-based compensation cost → Operating adjustments reconciliation: $102,000,000.00Contract and other deferred assets → Operating adjustments reconciliation: $69,000,000.00Change in fair value of equity securities → Operating adjustments reconciliation: $21,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $99,000,000.00Operating adjustments reconciliation → Other operating items, net: $684,000,000.00Operating adjustments reconciliation → Progress collections and deferred income: $258,000,000.00Operating adjustments reconciliation → Accounts payable: $153,000,000.00Operating adjustments reconciliation → Inventories: $92,000,000.00Operating adjustments reconciliation → (Benefit) provision for deferred income taxes: $17,000,000.00Proceeds from disposal of assets → investing reconciliation: $74,000,000.00Net cash used in investing activities → investing reconciliation: $596,000,000.00investing reconciliation → Expenditures for capital assets: $601,000,000.00investing reconciliation → Other investing items, net: $69,000,000.00Net cash used in financing activities → financing reconciliation: $945,000,000.00financing reconciliation → Dividends paid: $456,000,000.00financing reconciliation → Repurchase of Class A common stock: $384,000,000.00financing reconciliation → Other financing items, net: $105,000,000.00Exchange-rate effect → Cash sources and uses: $45,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $3,364,000,000.00Net cash from operating activities → Cash sources and uses: $1,219,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $3,087,000,000.00Cash sources and uses → Net cash used in investing activities: $596,000,000.00Cash sources and uses → Net cash used in financing activities: $945,000,000.00Net income: $1,120,000,000.00Net income+$1.12 BDepreciation and amortization: $579,000,000.00Depreciation & amortization+$579.00 MChange in fair value of equity securities: $21,000,000.00Securities gain & loss, net+$21.00 MStock-based compensation cost: $102,000,000.00Stock-based compensation+$102.00 M(Benefit) provision for deferred income taxes: -$17,000,000.00Deferred income taxes−$17.00 MCurrent receivables: $532,000,000.00Accounts receivable+$532.00 MInventories: -$92,000,000.00Inventories−$92.00 MAccounts payable: -$153,000,000.00Trade payables−$153.00 MProgress collections and deferred income: -$258,000,000.00Deferred revenue−$258.00 MContract and other deferred assets: $69,000,000.00Deferred costs+$69.00 MOther operating items, net: -$684,000,000.00Other working capital, net−$684.00 MNet cash from operating activities: $1,219,000,000.00Operating cash+$1.22 BOperating adjustments reconciliation: $1,303,000,000.00Repayment of long-term debt: $0.00Dividends paid: -$456,000,000.00Common dividends paid−$456.00 MRepurchase of Class A common stock: -$384,000,000.00Common stock repurchases−$384.00 MOther financing items, net: -$105,000,000.00Other financing, net−$105.00 MNet cash used in financing activities: -$945,000,000.00. Cash required to fund net payments.Financing cash−$945.00 Mfinancing reconciliation: $945,000,000.00Expenditures for capital assets: -$601,000,000.00Capital expenditures−$601.00 MProceeds from disposal of assets: $74,000,000.00Asset sales+$74.00 MOther investing items, net: -$69,000,000.00Other investing, net−$69.00 MNet cash used in investing activities: -$596,000,000.00. Cash required to fund net payments.Investing cash−$596.00 Minvesting reconciliation: $670,000,000.00Cash sources and uses: $4,628,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $3,364,000,000.00Beginning cash$3.36 BEnding cash: Cash, cash equivalents, and restricted cash: $3,087,000,000.00Ending cash$3.09 BExchange-rate effect: $45,000,000.00FX effect+$45.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$618.00 MOperating cash − cash spent on productive assetsCash flow / Net income1.09×Operating cash flow ÷ net incomeNet cash change−$277.00 MEnding cash − beginning cash
Chart details

Baker Hughes Company cash flow reconciliation, Jan 1, 2025 through Jun 30, 2025

Cash flows for Jan 1, 2025 through Jun 30, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2024. Ending cash: Jun 30, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2024
3,364,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,219,000,000 US dollars. Net cash provided.
Net income
1,120,000,000 US dollars
Depreciation and amortization
579,000,000 US dollars
Change in fair value of equity securities
21,000,000 US dollars
Stock-based compensation cost
102,000,000 US dollars
(Benefit) provision for deferred income taxes
negative 17,000,000 US dollars
Current receivables
532,000,000 US dollars
Inventories
negative 92,000,000 US dollars
Accounts payable
negative 153,000,000 US dollars
Progress collections and deferred income
negative 258,000,000 US dollars
Contract and other deferred assets
69,000,000 US dollars
Other operating items, net
negative 684,000,000 US dollars
Investing activities
negative 596,000,000 US dollars. Net cash used.
Expenditures for capital assets
negative 601,000,000 US dollars
Proceeds from disposal of assets
74,000,000 US dollars
Other investing items, net
negative 69,000,000 US dollars
Financing activities
negative 945,000,000 US dollars. Net cash used.
Repayment of long-term debt
0 US dollars
Dividends paid
negative 456,000,000 US dollars
Repurchase of Class A common stock
negative 384,000,000 US dollars
Other financing items, net
negative 105,000,000 US dollars
Operating adjustment reconciliation
1,303,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
945,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
670,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
45,000,000 US dollars
Ending cash on Jun 30, 2025
3,087,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
4,628,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 277,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.09×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
1,219,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
601,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
618,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $99.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 1,219,000,000 US dollars minus 601,000,000 US dollars equals 618,000,000 US dollars.
Baker Hughes Company (BKR) FY2025 YTD Q2 Statement of Cash Flows Sankey chart
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