---
schema_version: "secwatch.filing_event.v1"
accession: "0001701605-23-000087"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:37:31.043520+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Baker Hughes realigns IET segment into 5 product lines; creates Climate Technology Solutions

## Summary
- New IET product lines effective Oct 1, 2023: Gas Technology Equipment (incl. Pumps), Gas Technology Services, Industrial Solutions, Industrial Products, and new Climate Technology Solutions (CTS).
- CTS combines CCUS, hydrogen, clean power, and emissions abatement capabilities; 3Q23 revenue $63M, orders $49M.
- Historical segment data recast for FY2021-2022 and Q1-Q3 2023 to reflect new alignment; Nexus Controls sold April 2023.
- Management expects new structure to be reflected in disclosures starting Q4 2023.

## SEC filing metadata
- accession: 0001701605-23-000087
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000170160523000087/0001701605-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/808362/000170160523000087/bkr-20231219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001701605-23-000087
- JSON: https://secwatch.observer/filing/0001701605-23-000087.json
- Plain text: https://secwatch.observer/filing/0001701605-23-000087.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.