Defined Benefit Pension Plan Liabilities (Non-Current)
Baker Hughes Defined Benefit Pension Plan Liabilities (Non-Current) 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), Defined Benefit Pension Plan Liabilities (Non-Current) 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 indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical 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% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is Baker Hughes's defined benefit pension plan liabilities (non-current)?
- Baker Hughes (BKR) reported defined benefit pension plan liabilities (non-current) of $1.04B in Q1 2026.
- How has Baker Hughes's defined benefit pension plan liabilities (non-current) changed year-over-year?
- Baker Hughes's defined benefit pension plan liabilities (non-current) increased by 5.7% year-over-year, from $985.00M to $1.04B.
- What is the long-term trend for Baker Hughes's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), Baker Hughes's defined benefit pension plan liabilities (non-current) has grown at a -2.6% compound annual growth rate (CAGR), from $1.22B to $1.07B.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.