Company: GE
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000040545-25-000015
Chunk: 321

Company: GENERAL ELECTRIC CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 8
Chunk 321
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4 and 2023, respectively. ANNUALIZED RETURNS(a)1 year5 years10 years25 yearsGE Aerospace Pension Plan2.3 %2.2 %4.3 %4.7 %(a) Prior to 2023, the annualized returns represent the GE Pension Plan's returns.EXPECTED FUTURE BENEFIT PAYMENTS OF OUR BENEFIT PLANS(a)Principal pensionOther pensionPrincipal retiree benefit2025$1,800 $175 $130 20261,815 175 125 20271,825 180 120 20281,830 190 120 20291,830 195 120 2030-20348,960 1,045 510 (a) As of the measurement date of December 31, 2024.DEFINED CONTRIBUTION PLAN. We have a defined contribution plan for eligible U.S. employees that provides employer contributions which were $265 million, $342 million and $444 million for the years ended December 31, 2024, 2023 and 2022, respectively. Employer contributions for continuing operations were $230 million, $213 million and $207 million for the years ended December 31, 2024, 2023 and 2022, respectively. 

62 2024 FORM 10-K

COST OF POSTRETIREMENT BENEFIT PLANS AND CHANGES IN OTHER COMPREHENSIVE INCOMEFor the years ended December 31202420232022(Pre-tax)Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Cost (income) of postretirement benefit plans$(741)$(21)$(101)$(1,108)$(118)$(144)$575 $(396)$(203)Changes in other comprehensive loss (income)Prior service cost (credit) - current year— — — 49 — — — — — Net loss (gain) - current year (a)262 (52)(15)1,588 721 (5)(1,533)(128)(778)Reclassifications out of AOCICurtailment/settlement gain (loss)— — — — 6 — — 6 — Dispositions185 (761)715 1,989 (792)1,216 — — — Amortization