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STATEMENT OF EARNINGS (LOSS) (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Insurance revenues (Note 13) $ 879 $ 791
Total revenues (Note 8) 16,053 14,486
Costs and expenses    
Selling, general and administrative expenses 2,269 2,142
Separation costs (Note 20) 355 205
Research and development 507 431
Interest and other financial charges 278 269
Insurance losses, annuity benefits and other costs (Note 13) 627 684
Non-operating benefit cost (income) (362) (385)
Total costs and expenses 15,295 14,075
Other income (loss) (Note 19) 1,109 6,081
Earnings (loss) from continuing operations before income taxes 1,866 6,492
Benefit (provision) for income taxes (Note 16) (318) (271)
Earnings (loss) from continuing operations 1,549 6,221
Earnings (loss) from discontinued operations, net of taxes (Note 2) 14 1,257
Net earnings (loss) 1,563 7,478
Less net earnings (loss) attributable to noncontrolling interests 27 (27)
Net earnings (loss) attributable to the Company 1,537 7,506
Preferred stock dividends and other 0 (145)
Net earnings (loss) attributable to GE common shareholders 1,537 7,360
Amounts attributable to GE common shareholders    
Earnings (loss) from continuing operations 1,549 6,221
Less net earnings (loss) attributable to noncontrolling interests, continuing operations 27 (27)
Earnings (loss) from continuing operations attributable to the Company 1,522 6,248
Preferred stock dividends and other 0 (145)
Earnings (loss) from continuing operations attributable to GE common shareholders 1,522 6,103
Earnings (loss) from discontinued operations attributable to GE common shareholders 14 1,257
Net earnings (loss) attributable to GE common shareholders $ 1,537 $ 7,360
Earnings (loss) per share from continuing operations (Note 18)    
Diluted earnings (loss) per share (in dollars per share) $ 1.38 $ 5.56
Basic earnings (loss) per share (in dollars per share) 1.39 5.60
Net earnings (loss) per share (Note 18)    
Diluted earnings (loss) per share (in dollars per share) 1.39 6.71
Basic earnings (loss) per share (in dollars per share) $ 1.41 $ 6.76
Equipment    
Revenues    
Sales $ 5,935 $ 5,287
Costs and expenses    
Cost of sales 6,024 5,605
Services    
Revenues    
Sales 9,239 8,407
Costs and expenses    
Cost of sales $ 5,596 $ 5,124