Retirement and nonpension postretirement benefit obligations
Baker Hughes Retirement and nonpension postretirement benefit obligations decreased by 2.3% to $1.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $985.00M to $1.04B. Over 5 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -2.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests rising long-term benefit obligations or lower plan asset performance, while a decrease indicates reduced future liability or improved funding status.
Detailed definition
This represents the long-term financial obligations a company expects to pay to retired employees for pension benefits a...
Peer comparison
Standard across capital-intensive industries with legacy workforces; peers often disclose this as part of net periodic benefit cost.
non_current_liabilities_pension_and_other_postretirement_0d4947Historical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.16B | $1.13B | $1.11B | $1.06B | $996.00M | $1.02B | $960.00M | $932.00M | $968.00M | $952.00M | $978.00M | $984.00M | $984.00M | $991.00M | $988.00M | $985.00M | $997.00M | $1.02B | $1.07B | $1.04B |
| QoQ Change | — | -2.7% | -1.9% | -4.2% | -6.3% | +2.4% | -5.9% | -2.9% | +3.9% | -1.7% | +2.7% | +0.6% | +0.0% | +0.7% | -0.3% | -0.3% | +1.2% | +2.7% | +4.1% | -2.3% |
| YoY Change | — | — | — | — | -14.4% | -9.9% | -13.5% | -12.3% | -2.8% | -6.7% | +1.9% | +5.6% | +1.7% | +4.1% | +1.0% | +0.1% | +1.3% | +3.3% | +7.9% | +5.7% |
Retirement and nonpension postretirement benefit obligations at Other Companies
Frequently Asked Questions
- What is Baker Hughes's retirement and nonpension postretirement benefit obligations?
- Baker Hughes (BKR) reported retirement and nonpension postretirement benefit obligations of $1.04B in Q1 2026.
- How has Baker Hughes's retirement and nonpension postretirement benefit obligations changed year-over-year?
- Baker Hughes's retirement and nonpension postretirement benefit obligations increased by 5.7% year-over-year, from $985.00M to $1.04B.
- What is the long-term trend for Baker Hughes's retirement and nonpension postretirement benefit obligations?
- Over 5 years (2020 to 2025), Baker Hughes's retirement and nonpension postretirement benefit obligations has grown at a -2.6% compound annual growth rate (CAGR), from $1.22B to $1.07B.
- What does retirement and nonpension postretirement benefit obligations mean?
- The estimated long-term cost of providing pension and healthcare benefits to retired employees.