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STATEMENT OF FINANCIAL POSITION - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Statement of Financial Position [Abstract]    
Cash, cash equivalents and restricted cash $ 18,447 $ 16,967
Investment securities (Note 3) 3,737 5,706
Current receivables (Note 4) 15,100 15,466
Inventories, including deferred inventory costs (Note 5) 17,603 16,528
Current contract assets (Note 9) 1,547 1,500
All other current assets (Note 10) 1,650 1,647
Assets of businesses held for sale (Note 2) 1,507 1,985
Current assets 59,589 59,799
Investment securities (Note 3) 38,705 38,000
Property, plant and equipment – net (Note 6) 12,345 12,494
Goodwill (Note 7) 13,304 13,385
Other intangible assets – net (Note 7) 5,547 5,695
Contract and other deferred assets (Note 9) 5,431 5,406
All other assets (Note 10) 16,995 15,997
Deferred income taxes (Note 16) 10,316 10,575
Assets of discontinued operations (Note 2) 1,709 1,695
Total assets 163,942 163,045
Short-term borrowings (Note 11) 1,032 1,253
Accounts payable and equipment project payables (Note 12) 15,184 15,408
Progress collections and current deferred income (Note 9) 20,718 19,677
All other current liabilities (Note 15) 12,342 12,712
Liabilities of businesses held for sale (Note 2) 1,811 1,826
Current liabilities 51,087 50,876
Deferred income (Note 9) 1,297 1,339
Long-term borrowings (Note 11) 19,493 19,711
Insurance liabilities and annuity benefits (Note 13) 37,934 39,624
Non-current compensation and benefits 11,002 11,214
All other liabilities (Note 15) 10,855 10,508
Liabilities of discontinued operations (Note 2) 1,169 1,193
Total liabilities 132,838 134,466
Common stock (Note 17) 15 15
Accumulated other comprehensive income (loss) – net attributable to GE (Note 17) (5,603) (6,150)
Other capital 25,887 26,962
Retained earnings 88,065 86,527
Less common stock held in treasury (78,508) (79,976)
Total GE shareholders’ equity 29,855 27,378
Noncontrolling interests 1,248 1,202
Total equity 31,104 28,579
Total liabilities and equity $ 163,942 $ 163,045