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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION. On April 2, 2024, and in conjunction with the GE Vernova separation, we implemented an organizational change to align our reportable segments more closely with our business structure. In connection with our segment reporting change, we have recast previously reported amounts across all reportable segments to conform to current segment presentation.
We have two reportable segments and three operating segments. Operating segments are aggregated into a reportable segment if the operating segments have similar quantitative economic characteristics and if the operating segments are similar in the following qualitative characteristics: (i) nature of products and services; (ii) nature of production processes; (iii) type or class of customer for their products and services; (iv) methods used to distribute the products or provide services; and (v) if applicable, the nature of the regulatory environment. We have aggregated Defense & Systems and Propulsion & Additive Technology into one reportable segment, Defense & Propulsion Technologies, based on similarity in economic characteristics, other qualitative factors and the objectives and principals of ASC 280, Segment Reporting. This is consistent with how our chief operating decision maker (CODM) allocates resources and makes decisions. Refer to our quarterly report on form 10-Q for the period ended June 30, 2024 for a description of our segments. Refer to our Annual Report on Form 10-K for the year ended December 31, 2023, for further information regarding our determination of segment profit for continuing operations, and for our allocations of corporate costs to our segments.

SUMMARY OF REPORTABLE SEGMENTSThree months ended September 30Nine months ended September 30
2024202320242023
Commercial Engines & Services$7,003 $6,457 $19,231 $17,426 
Defense & Propulsion Technologies2,243 2,205 6,955 6,546 
Total segment revenues9,246 8,662 26,186 23,972 
Corporate & Other596 640 1,704 1,921 
Total revenues$9,842 $9,302 $27,890 $25,893 
Commercial Engines & Services$1,799 $1,545 $4,897 $4,148 
Defense & Propulsion Technologies220 269 820 671 
Total segment profit (loss)2,019 1,814 5,717 4,819 
Corporate & Other(73)(1,455)(252)3,974 
Interest and other financial charges(251)(270)(762)(767)
Non-operating benefit income (cost)207 244 628 731 
Benefit (provision) for income taxes(198)(26)(567)(493)
Preferred stock dividends— (91)— (295)
Earnings (loss) from continuing operations attributable to common shareholders
1,705 215 4,766 7,970 
Earnings (loss) from discontinued operations attributable to common shareholders147 46 (108)(371)
Net earnings (loss) attributable to common shareholders
$1,852 $261 $4,657 $7,599 
EQUIPMENT & SERVICES REVENUES
Three months ended September 3020242023
EquipmentServicesTotalEquipmentServicesTotal
Commercial Engines & Services$1,686 $5,317 $7,003 $1,604 $4,853 $6,457 
Defense & Propulsion Technologies936 1,306 2,243 878 1,327 2,205 
Total segment revenues$2,622 $6,623 $9,246 $2,482 $6,180 $8,662 

Nine months ended September 3020242023
EquipmentServicesTotalEquipmentServicesTotal
Commercial Engines & Services$4,819 $14,412 $19,231 $4,510 $12,916 $17,426 
Defense & Propulsion Technologies3,017 3,939 6,955 2,871 3,674 6,546 
Total segment revenues$7,836 $18,351 $26,186 $7,382 $16,590 $23,972 
REMAINING PERFORMANCE OBLIGATION. As of September 30, 2024, the aggregate amount of the contracted revenues allocated to our unsatisfied (or partially unsatisfied) performance obligations was $166,089 million. We expect to recognize revenue as we satisfy our remaining performance obligations as follows: (1) equipment-related remaining performance obligation of $19,210 million, of which 28%, 43% and 71% is expected to be satisfied within 1, 2 and 5 years, respectively; and (2) services-related remaining performance obligation of $146,879 million, of which 10%, 41%, 68% and 84% is expected to be recognized within 1, 5, 10 and 15 years, respectively, and the remaining thereafter.