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SUMMARIZED FINANCIAL INFORMATION
 12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
SUMMARIZED FINANCIAL INFORMATION SUMMARIZED FINANCIAL INFORMATION
Equity method investments. Unconsolidated entities over which we have significant influence are accounted for as equity method investments and presented on a one-line basis in All other assets on our Statement of Financial Position. Equity method income includes our share of the results of unconsolidated entities, gains (loss) from sales and impairments of investments, which is included in Other income and in Insurance revenue in our Statement of Earnings (Loss). See Notes 1, 9 and 19 for further information.

Equity method investment
balance (Note 9)Equity method income (loss) (Note 19)
December 31
2024
2023
2024
2023
2022
Commercial Engines & Services$1,610 $1,551 $301 $276 $139 
Defense & Propulsion Technologies186 175 8 8 8 
Corporate & Other(a)4,451 3,863 147 61 75 
Total$6,247 $5,590 $456 $345 $223 
(a) Equity method investments within Corporate & Other include investments held by run-off insurance operations of $2,933 million and $2,383 million and U.S. tax equity of $1,280 million and $1,227 million as of December 31, 2024 and 2023, respectively.

Summarized financial information of these equity method investments is as follows.

For the years ended December 31
2024
2023(a)
2022(a)
Revenue$35,342 $41,403 $31,454 
Gross profit (loss)1,229 4,093 107 
Net income (loss)3,243 4,768 210 
Net income (loss) attributable to the entity3,199 4,731 188 
(a) Includes AerCap Gross profit (loss) of $3,096 million and $(447) million and Net income (loss) attributable to the entity of $2,525 million and $(1,132) million for the years ended December 31, 2023 and 2022, respectively. On November 16, 2023, we sold our remaining equity interest in AerCap and only the note remains outstanding.

As of December 31
2024
2023
Current assets$19,688 $18,565 
Total assets$54,116 $48,281 
Current liabilities$17,437 $16,468 
Total liabilities$23,868 $22,266 
Noncontrolling interests$200 $176