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Issuer Purchases of Equity Secu NO TITLE ITEM 6 EXHIBITS ITEM 6 EXHIBITS (1) BAKER HUGHES INCORPORATED BAKER HUGHES IN (1) BAKER HUGHES IN (2) NO TITLE (1) NO TITLE (2) NO TITLE (3)U } : } $ } � } $ 6 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � BAKER HUGHES INC 10-Q 05/03/2011 INDEX Page No .$ PART I FINANCIAL INFORMATION 0 ( Item 1.Financial Statements (Unaudited) , $ Consolidated Condensed Statements of ~ 1 ) Operations (Unaudited) Three months ended March 31, 2011 and 2010- % Consolidated Condensed Balance Sheets ~ 3 + (Unaudited) March 31, 2011 and December 31,~ j , $ Consolidated Condensed Statements of ~ 1 ) Cash Flows (Unaudited) Three months ended March 31, 2011 and 20101 ) Notes to Unaudited Consolidated Condensed ~ Financial Statements4 , Item 2.管理讨论分析#######8#0##Finance条件和结果操作#8#0#Troject3Quantitative and Qualitative Disclosures ~ ^ About Market Risk' Item 4.Controls and Procedures ~ b ! PART II OTHER INFORMATION ! 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" EX-101 LABELS LINKBASE DOCUMENT0 / ( EX-101 PRESENTATION LINKBASE DOCUMENT. 0 & EX-101 DEFINITION LINKBASE DOCUMENT 1 2 $ 3 ____________________________1 4 ) Created by Morningstar Document Research.0 5 ( http://documentresearch.morningstar.com/� 0 � � ��|�"���}�5� ����������|�I����������u�= PF0*8 X> � @ � z 5 5 4 4 3 3 0 0 / / . . - - , , + + * * ) ) ( ( ' ' & & l � 7 �2 �; d ����MbP?_ * + � � % � � �� , � � � � & �٭e2�?' �٭e2�?( �٭e2�?) �٭e2�?� " , D / �? �?� & INDEX Balance Sheet Cash Flows ! Recording of Assets Acquired an Recording of Assets (1) Intangible assets ! Pro Forma Impact of the Acquisi NOTE 3 SEGMENT INFORMATION NOTE 3 SEGMENT (1) NOTE 4 STOCKBASED COMPENSATION NOTE 5 EARNINGS PER SHARE NOTE 6 INVENTORIES ! NOTE 7 PROPERTY PLANT AND EQUIP ! NOTE 8 GOODWILL AND INTANGIBLE NOTE 8 GOODWILL AND (1) ! 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' Diluted earnings per share attributable . . ףp= ��? . . . = ףp=�? . / to Baker Hughes 0 0 0 0 0 0 0 0 0 1 Cash dividends per share 1 1 333333�? 1 1 1 333333�? 1 2 3 $ 4 ____________________________1 5 ) Created by Morningstar Document Research.0 6 ( http://documentresearch.morningstar.com/� 2 N � ��j�����h�������1�%���4����&� ���'�����= PF0*8 X> � @ � � 6 6 5 5 4 4 1 1 1 1 . . . . + + + + ( ( ( ( l � H �M �] �_ d ����MbP?_ * + � � % � � �� , � � � � & �٭e2�?' �٭e2�?( �٭e2�?) �٭e2�?� " , D / �? �?� & INDEX Income Statement Cash Flows ! Recording of Assets Acquired an Recording of Assets (1) Intangible assets ! Pro Forma Impact of the Acquisi NOTE 3 SEGMENT INFORMATION NOTE 3 SEGMENT (1) NOTE 4 STOCKBASED COMPENSATION NOTE 5 EARNINGS PER SHARE NOTE 6 INVENTORIES ! NOTE 7 PROPERTY PLANT AND EQUIP ! NOTE 8 GOODWILL AND INTANGIBLE NOTE 8 GOODWILL AND (1) ! Fair Value of Derivative Instru Fair Value of Derivative (1) NOTE 11 EMPLOYEE BENEFIT PLANS NOTE 11 EMPLOYEE BENEFIT (1) OTHER OTHER (1) OTHER (2) Oil and Natural Gas Prices Rig Counts Revenues and Profit Before Tax Revenues and Profit (1) Costs and Expenses Cash Flows (1) ! Issuer Purchases of Equity Secu NO TITLE ITEM 6 EXHIBITS ITEM 6 EXHIBITS (1) BAKER HUGHES INCORPORATED BAKER HUGHES IN (1) BAKER HUGHES IN (2) NO TITLE (1) NO TITLE (2) NO TITLE (3)U } I; } $ } U } $ } U } $ H � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � BAKER HUGHES INC 10-Q 05/03/2011 Balance Sheet March 31, December 31, ~ n ~ j ASSETS Current Assets: ! Cash and cash equivalents ~ � ~ � Short-term investments ~ � ~ � . & Accounts receivable less allowance for ~ ND ~ �= 4 , doubtful accounts (2011 - $174!2010 - $162) Inventories, net ~ �+ ~ �( Deferred income taxes ~ � ~ � Other current assets ~ � ~ � Total current assets ~ V� ~ � * " Property, plant and equipment, net ~ �d ~ �b Goodwill ~ �\ ~ �[ Intangible assets, net ~ ~ � Other assets ~ b ~ N Total assets ~ &o ~ *g � D � l ��������������u� ���x�l�Z���s��|�����.���%������ ������� � ! � " � # � $ � % � & � ' � ( � ) � * � + � , � - � . � / � 0 � 1 � 2 � 3 � 4 � 5 � 6 � 7 � 8 � 9 � : � ; � < � = � > � ? � ! ! ! ! ! ! ! ! ! + " # LIABILITIES AND STOCKHOLDERS EQUITY # # # # # # # # # $ Current Liabilities: $ $ $ $ $ $ $ $ % Accounts payable % ~ % 6 % % ~ % b % 1 & ) Short-term borrowings and current portion & & ~ & � & & & ~ & . & ' of long-term debt% ( Accrued employee compensation ( ( ~ ( � ( ( ( ~ ( 6 ( ) Income taxes payable ) ) ~ ) ) ) ) ~ ) n ) ! * Other accrued liabilities * * ~ * N * * * ~ * � * + ! , Total current liabilities , , ~ , 1 , , , ~ , 1 , - . . . . . . . . . / Long-term debt / / ~ / f7 / / / ~ / �7 / 7 0 / Deferred income taxes and other tax liabilities 0 0 ~ 0 � 0 0 0 ~ 0 B 0 9 1 1 Liabilities for pensions and other postretirement 1 1 ~ 1 � 1 1 1 ~ 1 � 1 2 benefits 3 Other liabilities 3 3 ~ 3 � 3 3 3 ~ 3 � 3 % 4 Commitments and contingencies 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 6 Stockholders Equity: 6 6 6 6 6 6 6 6 7 Common stock 7 7 ~ 7 � 7 7 7 ~ 7 � 7 & 8 Capital in excess of par value 8 8 ~ 8 �n 8 8 8 ~ 8 vm 8 9 Retained earnings 9 9 ~ 9 �s 9 9 9 ~ 9 �n 9 , : $ Accumulated other comprehensive loss : : ~ : v��� : : : ~ : r��� : ; ( < Baker Hughes stockholders equity < < ~ < �� < < < ~ < R� < = Noncontrolling interest = = ~ = � = = = ~ = � = > ! ? 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Issuer Purchases of Equity Secu NO TITLE ITEM 6 EXHIBITS ITEM 6 EXHIBITS (1) BAKER HUGHES INCORPORATED BAKER HUGHES IN (1) BAKER HUGHES IN (2) NO TITLE (1) NO TITLE (2) NO TITLE (3)U } I; } $ } U } $ } U } $ K � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � BAKER HUGHES INC 10-Q 05/03/2011 Cash Flows Three Months Ended March 31, ~ n ~ j - % Cash flows from operating activities: Net income ~ ~ . & Adjustments to reconcile net income to 1 ) net cash flows from operating activities:% Depreciation and amortization ~ � ~ � & Stock-based compensation costs ~ v ~ N / ' Provision (benefit) for deferred income ~ ~ b��� taxes" Gain on disposal of assets ~ F��� ~ ���� ' Provision for doubtful accounts ~ > ~ ���� 4 , Changes in operating assets and liabilities: Accounts receivable ~ ���� ~ ���� Inventories ~ ��� ~ F��� Accounts payable ~ � ~ � / ' Accrued employee compensation and other ~ ���� ~ ���� accrued liabilities Income taxes payable ~ ���� ~ .��� Other ~ ���� ~ ^��� � D � l ��������������x� �����i�]���j������������V���/���1������w� � ! � " � # � $ � % � & � ' � ( � ) � * � + � , � - � . � / � 0 � 1 � 2 � 3 � 4 � 5 � 6 � 7 � 8 � 9 � : � ; � < � = � > � ? � 0 ( Net cash flows from operating activities ~ 2 ~ ! 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Issuer Purchases of Equity Secu ITEM 6 EXHIBITS ITEM 6 EXHIBITS (1) BAKER HUGHES INCORPORATED BAKER HUGHES IN (1) BAKER HUGHES IN (2) NO TITLE (1) NO TITLE (2) NO TITLE (3)U } U } $ } U5 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � BAKER HUGHES INC 10-Q 05/03/2011 NO TITLE ~ ���� 2 * Represents shares purchased from employees 0 ( to pay the option exercise price related . & to stock-for-stock exchanges in option 3 + exercises or to satisfy the tax withholding 2 * obligations in connection with the vesting 1 ) of restricted stock awards and restricted stock units. ~ ���� . & There were no share repurchases during . & the three months ended March 31, 2011. ~ ���� / ' Our Board of Directors has authorized a 0 ( plan to repurchase our common stock from 1 ) time to time.++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++We had authorization remaining 4 , to repurchase up to a total of approximately ) ! $1.2 billion of our common stock. $ ____________________________1 ) Created by Morningstar Document Research.0 ( http://documentresearch.morningstar.com/� D � l ��������������z�V����p�!�����V�J�������[����u�%�������x�P�= PF0*8 X> � @ � l � ' 3V X d ����MbP?_ * + � � % � � �� , � � � � & �٭e2�?' �٭e2�?( �٭e2�?) �٭e2�?� " , D / �? �?� & INDEX Income Statement Balance Sheet Cash Flows ! 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BAKER HUGHES INCORPORATED ~ 9 1 Mr.QQ+###########Q####################################################################################################################################################################################################师傅Deaton also has a new Restated , $ and Superseding Employment Agreement 2 * with Baker Hughes Incorporated dated April / ' 28, 2011, filed with the SEC as Exhibit 0 ( 10.1 to Current Report on Form 8-K filed May 3, 2011. ~ 1 ) In addition to their base salaries, these 3 + named executive officers, at the discretion 4 , of the Board of Directors can receive equity 1 ) compensation pursuant to the Baker Hughes 4 , Incorporated 2002 Director Officer Long-Term 1 ) Compensation Plan, filed as Exhibits 10.2 0 ( to Quarterly Report on Form 10-Q for the . & quarter ended September 30, 2003!QQ表格10报告 2005年9月30日结束and 10.3 0 ( to Quarterly Report on Form 10-Q for the� D � l ������������u�i�E�����W� ���n�&�����A�����g����z�-�����K� � ! � " � # � $ � % � & � ' � ( � ) � * � + � , � - � . � / � 0 � 1 � 2 � 3 � 4 � 5 � 6 � 0 ( quarter ended June 30, 2008.+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++For salary * * . * & information prior to this date, please + + 0 + ( see the Company s Annual Proxy Statement , , 0 , ( dated March 14, 2011 for the 2011 Annual - - 1 - ) Meeting of Stockholders as filed with the . . . 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