BORROWINGS

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

BORROWINGS

NOTE 11. BORROWINGS

	March 31, 2023		December 31, 2022
Current portion of long-term borrowings
Senior notes issued by GE	$	609	$	464
Senior and subordinated notes assumed by GE	947		1,973
Senior notes issued by GE Capital	592		1,188
Other	114		115
Total short-term borrowings	$	2,262	$	3,739
Senior notes issued by GE	$	4,653	$	4,724
Senior and subordinated notes assumed by GE	8,383		8,406
Senior notes issued by GE Capital	6,262		6,289
Other	861		901
Total long-term borrowings	$	20,159	$	20,320
Total borrowings	$	22,421	$	24,059

The Company has provided a full and unconditional guarantee on the payment of the principal and interest on all senior and subordinated outstanding long-term debt securities issued by subsidiaries of GE Capital, our former financial services business. This guarantee applied to $3,379 million and $5,258 million of senior notes and other debt issued by GE Capital at March 31, 2023 and December 31, 2022, respectively. See Note 21 for further information about borrowings and associated hedges.