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OTHER INCOME (LOSS)
9 Months Ended
Sep. 30, 2024
Other Income and Expenses [Abstract]  
OTHER INCOME (LOSS) OTHER INCOME (LOSS)
Three months ended September 30Nine months ended September 30
2024202320242023
Investment in GE HealthCare realized and unrealized gain (loss)$336 $(813)$555 $5,066 
Investment in and note with AerCap realized and unrealized gain (loss)21 (296)36 81 
Investment in Baker Hughes realized and unrealized gain (loss)— — — 10 
Gains (losses) on retained and sold ownership interests$357 $(1,109)$591 $5,157 
Other net interest and investment income (loss)187 163 616 458 
Licensing and royalty income59 36 166 90 
Equity method income28 47 107 104 
Purchases and sales of business interests(a)356 — 377 (107)
Other items35 18 108 53 
Total other income (loss)$1,021 $(845)$1,965 $5,755 
(a) Included a pre-tax gain of $341 million related to the sale of our non-core licensing business in Corporate in the three months ended September 30, 2024.
Our investment in GE HealthCare comprises 13.3 million shares (approximately 2.9% ownership interest) at September 30, 2024. During the nine months ended September 30, 2024, we received total proceeds of $4,071 million from the disposition of 48.3 million shares of GE HealthCare.