Discontinued — last reported Q3 '22

Business Segments · Restructuring and impairment charges

Digital Solutions — Restructuring and impairment charges

This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ3 2022

How to read this metric

High charges indicate significant operational transformation or distress; ideally, these should be temporary and lead to future margin improvements.

Detailed definition

Costs incurred by the Digital Solutions segment related to organizational restructuring, such as severance, facility clo...

Peer comparison

Commonly reported as 'Special Items' or 'Restructuring Charges' in segment performance analysis for industrial firms.

Metric ID: bkr_segment_digital_solutions_restructuring_and_impairment_charges

Historical Data

3 periods
 Q2 '21Q3 '21Q3 '22
Value$1.00M$0.00$19.00M
QoQ Change-100.0%
Range$0.00$19.00M

Frequently Asked Questions

What is Baker Hughes's digital solutions — restructuring and impairment charges?
Baker Hughes (BKR) reported digital solutions — restructuring and impairment charges of $19.00M in Q3 2022.
What does digital solutions — restructuring and impairment charges mean?
One-time costs for reorganizing or writing down assets in the Digital Solutions segment.