Baker Hughes Co Annual Amortization of Intangible Assets in USD from 2015 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Baker Hughes Co quarterly/annual Amortization of Intangible Assets history and growth rate from 2015 to 2023.
  • Baker Hughes Co Amortization of Intangible Assets for the quarter ending September 30, 2024 was $66M, a 3.13% increase year-over-year.
  • Baker Hughes Co Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $267M, a 7.66% increase year-over-year.
  • Baker Hughes Co annual Amortization of Intangible Assets for 2023 was $257M, a 15.8% increase from 2022.
  • Baker Hughes Co annual Amortization of Intangible Assets for 2022 was $222M, a 12.3% decline from 2021.
  • Baker Hughes Co annual Amortization of Intangible Assets for 2021 was $253M, a 17.9% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $257M +$35M +15.8% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-05
2022 $222M -$31M -12.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-05
2021 $253M -$55M -17.9% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-05
2020 $308M -$57M -15.6% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-14
2019 $365M -$90M -19.8% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-11
2018 $455M +$68M +17.6% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-25
2017 $387M +$148M +61.9% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-13
2016 $239M +$60M +33.5% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-19
2015 $179M Jan 1, 2015 Dec 31, 2015 10-K 2018-02-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.