SHAREHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Schedule of Shareholders' Equity

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	Three months ended March 31
(Dividends per share in dollars)	2024		2023
Beginning balance	$	(3,623)	$	(5,893)
AOCI before reclasses – net of taxes of $26 and $(5)	(35)		152
Reclasses from AOCI – net of taxes of $— and $(626)(a)	—		2,234
AOCI	(35)		2,387
Less AOCI attributable to noncontrolling interests	—		(1)
Currency translation adjustments AOCI	$	(3,658)	$	(3,505)
Beginning balance	$	1,786	$	6,531
AOCI before reclasses – net of taxes of $8 and $(13)	(29)		(84)
Reclasses from AOCI – net of taxes of $(52) and $(594)(a)	(168)		(2,235)
AOCI	(197)		(2,319)
Less AOCI attributable to noncontrolling interests	2		(2)
Benefit plans AOCI	$	1,586	$	4,214
Beginning balance	$	(959)	$	(1,927)
AOCI before reclasses – net of taxes of $(116) and $188	(465)		718
Reclasses from AOCI – net of taxes of $0 and $0(a)	11		(12)
AOCI	(453)		706
Investment securities and cash flow hedges AOCI	$	(1,412)	$	(1,222)
Beginning balance	$	(3,354)	$	(983)
AOCI before reclasses – net of taxes of $328 and $(477)	1,236		(1,793)
AOCI	1,236		(1,793)
Long-duration insurance contracts AOCI	$	(2,119)	$	(2,776)
AOCI at March 31	$	(5,603)	$	(3,289)
Dividends declared per common share	$	—	$	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 first quarter of 2023 related to the spin-off of GE HealthCare.