ACCOUNTS PAYABLE AND EQUIPMENT PROJECT PAYABLES

3 Months Ended

Mar. 31, 2024

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND EQUIPMENT PROJECT PAYABLES

NOTE 12. ACCOUNTS PAYABLE AND EQUIPMENT PROJECT PAYABLES

	March 31, 2024		December 31, 2023
Trade payables	$	10,486	$	10,678
Supply chain finance programs	3,124		3,133
Equipment project payables(a)	1,117		1,193
Non-income based tax payables	456		403
Accounts payable and equipment project payables	$	15,184	$	15,408

(a) Primarily related to projects at Power and Renewable Energy.

We facilitate voluntary supply chain finance programs with third parties, which provide participating suppliers the opportunity to sell their GE receivables to third parties at the sole discretion of both the suppliers and the third parties. Total supplier invoices paid through these third-party programs were $1,705 million and $2,079 million for the three months ended March 31, 2024 and 2023, respectively.