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STATEMENT OF EARNINGS (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Insurance revenues (Note 12) $ 2,957 $ 3,101 $ 2,865
Total revenues 58,100 56,469 58,025
Costs and expenses      
Selling, general and administrative expenses 9,173 8,177 9,248
Separation costs (Note 20) 715 0 0
Research and development 1,786 1,682 1,720
Interest and other financial charges 1,477 1,790 1,988
Debt extinguishment costs (Note 10) 465 6,524 301
Insurance losses, annuity benefits and other costs (Note 12) 2,592 2,174 2,519
Goodwill impairments (Note 7) 0 0 877
Non-operating benefit cost (income) (409) 1,136 1,573
Total costs and expenses 60,071 64,861 65,568
Other income (loss) (Note 19) 1,172 2,696 (948)
Earnings (loss) from continuing operations before income taxes (799) (5,695) (8,492)
Provision (benefit) for income taxes (Note 15) 3 757 2,168
Earnings (loss) from continuing operations (795) (4,939) (6,324)
Earnings (loss) from discontinued operations, net of taxes (Note 2) 1,202 (1,469) 11,870
Net earnings (loss) 407 (6,408) 5,546
Less net earnings (loss) attributable to noncontrolling interests 67 (71) (158)
Net earnings (loss) attributable to the Company 339 (6,337) 5,704
Preferred stock dividends (289) (237) (474)
Net earnings (loss) attributable to GE common shareholders 51 (6,573) 5,230
Amounts attributable to GE common shareholders      
Earnings (loss) from continuing operations (795) (4,939) (6,324)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations 16 (117) (214)
Earnings (loss) from continuing operations attributable to the Company (811) (4,821) (6,110)
Preferred stock dividends (289) (237) (474)
Earnings (loss) from continuing operations attributable to GE common shareholders (1,100) (5,058) (6,584)
Earnings (loss) from discontinued operations attributable to GE common shareholders 1,151 (1,515) 11,814
Net earnings (loss) attributable to GE common shareholders $ 51 $ (6,573) $ 5,230
Earnings (loss) per share from continuing operations (Note 18)      
Diluted earnings (loss) per share (in dollars per share) $ (1.00) $ (4.62) $ (6.16)
Basic earnings (loss) per share (in dollars per share) (1.00) (4.62) (6.16)
Net earnings (loss) per share (Note 18)      
Diluted earnings (loss) per share (in dollars per share) 0.05 (6.00) 4.64
Basic earnings (loss) per share (in dollars per share) $ 0.05 $ (6.00) $ 4.64
Equipment      
Revenues      
Sales $ 22,334 $ 25,096 $ 27,600
Costs and expenses      
Cost of sales 23,743 25,161 28,663
Services      
Revenues      
Sales 32,808 28,272 27,560
Costs and expenses      
Cost of sales $ 20,529 $ 18,217 $ 18,679