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SHAREHOLDERS' EQUITY
 3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
SHAREHOLDERS' EQUITY
NOTE 17. SHAREHOLDERS’ EQUITY
Three months ended March 31
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Dividends per share in dollars)
20232022
Beginning balance$(5,893)$(4,569)
AOCI before reclasses – net of taxes of $(5) and $90
152 (181)
Reclasses from AOCI – net of taxes of $(626) and $0(a)
2,234 — 
AOCI2,387 (181)
Less AOCI attributable to noncontrolling interests(1)(4)
Currency translation adjustments AOCI$(3,505)$(4,746)
Beginning balance$6,531 $3,646 
AOCI before reclasses – net of taxes of $(13) and $25
(84)54 
Reclasses from AOCI – net of taxes of $(594) and $55(a)
(2,235)186 
AOCI(2,319)240 
Less AOCI attributable to noncontrolling interests(2)2 
Benefit plans AOCI$4,214 $3,884 
Beginning balance$(1,927)$5,172 
AOCI before reclasses – net of taxes of $188 and $(801)
718 (2,993)
Reclasses from AOCI – net of taxes of $0 and $1(a)
(12)(5)
AOCI706 (2,998)
Investment securities and cash flow hedges AOCI $(1,222)$2,174 
Beginning balance$(983)$(9,109)
AOCI before reclasses – net of taxes of $(477) and $979
(1,793)3,682 
AOCI(1,793)3,682 
Long-duration insurance contracts AOCI$(2,776)$(5,427)
AOCI at March 31
$(3,289)$(4,115)
Dividends declared per common share$0.08 $0.08 
(a)The total reclassification from AOCI included $195 million, including currency translation of $2,234 million and benefit plans of $(2,030) million, net of taxes, in three months ended March 31, 2023 related to the spin-off of GE HealthCare.

Preferred stock. GE preferred stock shares outstanding were 2,795,444 and 5,795,444 at March 31, 2023 and December 31, 2022, respectively. We redeemed $3,000 million of GE Series D preferred stock in the first quarter of 2023.

Common stock. GE common stock shares outstanding were 1,088,960,029 and 1,089,107,878 at March 31, 2023 and December 31, 2022, respectively. For further information on our common and preferred stock issuances, please refer to our Annual Report on Form 10-K for the year ended December 31, 2022.