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(1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2)Activity and Spending (3) NO TITLE (3)U } �*} $ } $} $ } �}  $ } �} $ } $} $ } �} $ } �} $ ��������� � � � � �������������������BAKER HUGHES INC 10-Q 05/01/2012!NOTE 4.INTANGIBLE ASSETS        March 31, 2012   December 31, 2011    Gross   Less:   Net   Gross   Less:   Net    Carrying    Accumulated       Carrying    Accumulated   Amount    Amortization       Amount    Amortization  #Definite lived intangibles:      Technology~ � ~ � ~    ~ � ~ �~ 2Contract-based~ B~ &  ~    ~ F~ &~ " Trade names~ �~ n  ~  z  ~ �~ B~ �Customer relationships~ �~ ^  ~  v  ~ �~ 6~ �Subtotal~ �~ �  ~    ~ �~ 6~ �%Indefinite lived intangibles:     +#In-process research and development~ >  ~  >  ~ Z~ Z Total~  ~ � ~  Z  ~ ~ 6~ �$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�D�l������������u�i�=��������������c� �����z�b���������]�=PF0*8X> �@��                  l � 6  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2)Activity and Spending (3) NO TITLE (3)U } I"} $ } U} $ } $}  $ } U} $ } $} $ ��������� � � � � �����������������BAKER HUGHES INC 10-Q 05/01/2012%NOTE 5.FINANCIAL INSTRUMENTS        Three Months Ended   Three Months Ended    March 31, 2012   March 31, 2011 Segments  Revenue    Profit (Loss)   Revenue    Profit (Loss)     North America ~ �,  ~ F  ~ �$  ~   Latin America~ �~   ~  j  ~ �$Europe/Africa/Russia Caspian~ � ~ f  ~  :   ~ b Middle East/Asia Pacific~ � ~ .  ~  b   ~ >Industrial Services~ f~ Z  ~  �  ~ ^Total Operations~ �S~ :   ~  �F  ~  Corporate and Other~ ����     ~ ����Interest Expense, net~ *���     ~ 2��� Total~ �S~ � ~  �F  ~ 2 $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�@D����������}�q�e���!�������(�G�W�k���l�������������������=PF0*8X> �@��            l � }  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 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$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�8������������|�p�d�8�{���s�w�2�����6������������=PF0*8X> �@��               l � &  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANS!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2)Activity and Spending (3) NO TITLE (3)U } �*} $ } �} $ } �} $ ��������� � � � � �����������BAKER HUGHES INC 10-Q 05/01/2012&NOTE 7.EMPLOYEE BENEFIT PLANS        U.S.   U.S.   Non-U.S.   Non-U.S.   Total    Property   Hedge   Property    Insurance   Fund   Funds   Fund    Contracts  + #Ending balance at December 31, 2011 ~   ~ �  ~ N  ~ >  ~ V Unrealized gains~      ~  Purchases~ �     ~ �( Ending balance at March 31, 2012~ ~ � ~  N  ~ >~ 2$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�4� �����������|�p�d�h�����7��2�"������������=PF0*8X> �@��                l � �0  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)NOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2)Activity and Spending (3) NO TITLE (3)U } �1} $ } � } $ } � } $   � � � � � � � � � � � � � � � � � � � � � �BAKER HUGHES INC 10-Q 05/01/20124,NOTE 9.ACCUMULATED OTHER COMPREHENSIVE LOSS   March 31, 2012   December 31, 2011   0 (Foreign currency translation adjustments ~ ���  ~ B��� 1 )Pension and other postretirement benefits  ~ J���   ~ ���   -%Total accumulated other comprehensive~ f���~ V��� loss$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�0����������z�n�b�V���w�_���F�.�������}�q�I�=PF0*8X> �@�J      l � !;  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRE Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2)Activity and Spending (3) NO TITLE (3)U } a/} $ } � } $ } � } $   � � � � � � � � � � 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(1)%   North America~ :(~ $    12%   Latin America~ �~ j    5%  North Sea~ �~ �    (18)% Continental Europe~ 2~ *    3% Africa~ N~ J    1%  Middle East~ �~ n    10%  Asia Pacific~ �~ F    (8)%  Outside North America~ �~ :    2%   Worldwide~ �:~ :6    8%  �D� l��������������x���v�I�������;���y������T�����J������������ �! �" �$ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/� �(��=PF0*8X> �@�B"" !!     l � - e�k  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2)Activity and Spending (3) NO TITLE (3)U } I"} $ } U} $ } U}  $ } $} $ } �} $ -��������� � � � � �������������������BAKER HUGHES INC 10-Q 05/01/2012%Revenue and Profit Before Tax        Three Months Ended    Favorable   % Change     March 31,    (Unfavorable)  ~ r  ~ n          Revenue:                 North America~ �,~ �$ ~  �   21% Latin America~ �~ j  ~  �   21%$Europe/Africa/Russia Caspian~ � ~ :   ~  �   14% Middle East/Asia Pacific~ � ~ b   ~  F   12%Industrial Services~ f~ �  ~  �   14% Total~ �S~ �F ~  �    18%  Three Months Ended   Favorable  % Change March 31,   (Unfavorable)~ r~ n     Profit Before Tax:      North America~ F~  ~  *���   (12)% Latin America~ ~ �  ~     8%$Europe/Africa/Russia Caspian~ f~ b  ~     74% Middle East/Asia Pacific~ .~ >  ~  ����   (5)%�D�l����������}�q�e������� ����V�t������������������� ��� �I�h� �!�"�#�$�%�&�'�(�)�*�+�,� Industrial Services  ~ Z   ~ ^   ~ ����    (4)% !!"Total Operations""~ ": """~ " "" " ~ " ." " " "2%"#Corporate and Other##~ #����###~ #����## # ~ # ����# # # #(36)%#$Interest Expense, net$$~ $*���$$$~ $2���$$ $ ~ $ ����$ $ $ $(4)%$%% &Total&~ &�&&~ &2 && ~ & ����& & & &(3)%&''()$*____________________________1+)Created by Morningstar Document Research.0,(http://documentresearch.morningstar.com/�N�����1�F�.�w�_�S�G��=PF0*8X> �@��,,++**&&&&&&           l � :z  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before Tax!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2)Activity and Spending (3) NO TITLE (3)U } -} $ } � } $ } U} $} $ } � } $ } �} $ ��������� � � � � �����������BAKER HUGHES INC 10-Q 05/01/2012Industrial Services        Three Months Ended     March 31,  ~ r  ~ n        ~ "   %  ~ "   % Revenue~ �S~ � % ~  �F   100%Cost of revenue~ �B~ B %  ~  �6   77% Research and engineering~ �~   %  ~  �   2%-%Marketing, general and administrative~ N~  %  ~  j   6%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�45 �������������{�o���a�4��������� �;�N�T�H�<��=PF0*8X> �@�j         l �  �  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial ServicesActivity and Spending (1)Activity and Spending (2)Activity and Spending (3) NO TITLE (3)U } �} $ } � } $ } � } $   � � � � � � � � � � � � � � � � � � �BAKER HUGHES INC 10-Q 05/01/2012;3Activity and Spending Outlook Outside North America  (In millions) ~ r  ~ n    Operating activities ~ ����  ~ 2  Investing activities  ~ "���   ~ r���  Financing activities  ~ �   ~ b��� $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�*3h��������s�g�[�O���~�f���v���������=PF0*8X> �@�:     l � ۙ  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (2)Activity and Spending (3) NO TITLE (3)U } �} $ }  } $ } � } $ }  } $ ��������� � � � � ���������������BAKER HUGHES INC 10-Q 05/01/2012;3Activity and Spending Outlook Outside North America      Period   Total Number    Average Price    Total Number   Average    Total Number   Maximum Number     of Shares   Paid Per Share ( 1)    of Shares    Price Paid    of Shares   (or Approximate   Purchased ( 1)        Purchased as   Per Share ( 2)    Purchased in   Dollar Value) of            Part of a        the Aggregate   Shares that May Yet           Publicly           Be Purchased Under   Announced  the Program ( 3)  Program ( 2)January 1-31, 2012~ �q= ףPH@     ~ ~ �~ February 1-29, 2012~ ~>~ !�     ~ ~>March 1-31, 2012~ !��(\�I@     ~  Total~ &\33333SH@     ~ ~ &\����A$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�<I��������s�g�[�O�#���������_�<�����j�%��������x�P�=PF0*8X> �@�"                    l � %����  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (3) NO TITLE (3)U } y } $ } �7 %��������� � � � � �������������������BAKER HUGHES INC 10-Q 05/01/2012;3Activity and Spending Outlook Outside North America   31.1* - %Certification of Martin S.Craighead,  . &President and Chief Executive Officer,  / 'furnished pursuant to Rule 13a-14(a) of  / 'the Securities Exchange Act of 1934, asamended. 31.2*0(Certification of Peter A.Ragauss, Chief-%Financial Officer, furnished pursuant4,to Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended. 32*3+Statement of Martin S.Craighead, President.&and Chief Executive Officer, and Peter6.A.Ragauss, Chief Financial Officer, furnished4,pursuant to Rule 13a-14(b) of the Securities)!Exchange Act of 1934, as amended. 95* Mine Safety Disclosures.101.INS*XBRL Instance Document101.SCH*XBRL Schema Document�D�l��������s�g�[�O�+����{�0�������P����{�c����u�%�������q�/� �!�"�#�$� !$"____________________________1#)Created by Morningstar Document Research.0$(http://documentresearch.morningstar.com/� P������=PF0*8X> �@�$$##"" l � ñ  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2) NO TITLE (3)U } y } $ } �* ��������� � � � � ���������BAKER HUGHES INC 10-Q 05/01/2012;3Activity and Spending Outlook Outside North America   101.CAL* * "XBRL Calculation Linkbase Document   101.LAB* $ XBRL Label Linkbase Document  101.PRE*+#XBRL Presentation Linkbase Document101.DEF*)!XBRL Definition Linkbase Document$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�0����������s�g�[�O�+������e�M�����������Y�=PF0*8X> �@� l � D�  d����MbP?_*+��%����,����&�٭e2�?'�٭e2�?(�٭e2�?)�٭e2�?�",D/�?�?� NO TITLE NO TITLE (1)Income Statement NO TITLE (2) Balance Sheet!Consolidated Condensed Statemen Cash FlowsConsolidated Condensed (1)NOTE 3 INVENTORIESNOTE 4 INTANGIBLE ASSETSNOTE 5 FINANCIAL INSTRUMENTSNOTE 7 EMPLOYEE BENEFIT PLANSNOTE 7 EMPLOYEE BENEFIT (1)!NOTE 9 ACCUMULATED OTHER COMPRENOTE 9 ACCUMULATED OTHER (1) Rig CountsRevenue and Profit Before TaxIndustrial Services!Activity and Spending Outlook OActivity and Spending (1)Activity and Spending (2)Activity and Spending (3)U } -} $ } �} $ } �}  $ } �} $ } �} $ } �} $ } �} $ } � } $ } � } !"$ } ##�} $&$ } ''�} (*$ } ++�} ,,$ --�-�-�-�-�-�-�-�-� -� -� -� -� -�-�-�-�-�-�-�-�-�-�-�-�-�-�-�BAKER HUGHES INC 10-Q 05/01/2012NO TITLE      !"#$%&'()*+, Mine or Operating  Section   Section   Section   Section   Section   Proposed   Mining   Received  Received ! 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"Day of $ % &Period ( ) *Period     Section  Have!"Period     104(e) Pattern     (yes/no)  Under      Section      104(e)      (yes/no)*"Morgan City Grinding Plant/1601357~ ~   ~    ~ ~ ~ ~  N  N!"~ #$%&~ '()*~ +,%Argenta Mine and Mill/2601152~ ~   ~    ~ ~ ~ �~  N  N!"~ #$%&~ '()*~ +,-%Corpus Christi Grinding Plant/4103112~ ~   ~    ~ ~ ~ "~  N  N!"~ #$%&~ '()*~ +,$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/�< ��������������z�^�Y�g�U�I�J����c���>��b��������=PF0*8X> �@�j-,,,"# "# &' *+ "# &' *+       "# &' *+       "# &' *+       "# &' *+ Root Entry�������� �F����Book ������������ -�  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~���������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������