Another thing worth mentioning about the overall profitability of Baker Hughes this past quarter was that the company incurred $121 million in impairment, restructuring, and merger-related costs. As the oil and gas market improves, we should see less and less of these impairment charges. Similarly, those merger-related costs should start to abate as it puts the finishing touches on the merger with General Electric 's ( GE 0.99% ) oil and gas division.