Company: GE
Filing Date: 2025-04-22
Form Type: 10-Q
Source: 0000040545-25-000062
Chunk: 57

Company: GENERAL ELECTRIC CO
Filing Date: 2025-04-22
Form: 10-Q
Item: Item 4
Chunk 57
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 INCOME (LOSS)Three months ended March 31(Dividends per share in dollars)20252024Beginning balance$(1,472)$(3,623)AOCI before reclasses – net of taxes of $(40) and $26 (7)(35)AOCI(7)(35)Currency translation adjustments AOCI$(1,478)$(3,658)Beginning balance$665 $1,786 AOCI before reclasses – net of taxes of $(4) and $8 (15)(29)Reclasses from AOCI – net of taxes of $ $(35) and $(52)(120)(168)AOCI(134)(197)Less AOCI attributable to noncontrolling interests— 2 Benefit plans AOCI$531 $1,586 Beginning balance$(1,985)$(959)AOCI before reclasses – net of taxes of $87 and $(116) 323 (465)Reclasses from AOCI – net of taxes of $(1) and $0 (6)11 AOCI318 (453)Investment securities and cash flow hedges AOCI $(1,667)$(1,412)Beginning balance$(1,070)$(3,354)AOCI before reclasses – net of taxes of $(13) and $328 (48)1,236 AOCI(48)1,236 Long-duration insurance contracts AOCI$(1,118)$(2,119)AOCI at March 31$(3,733)$(5,603)Dividends declared per common share$0.36 $— Common stock. GE Aerospace common stock shares outstanding were 1,066,386,643 and 1,073,692,183 at March 31, 2025 and December 31, 2024, respectively. We repurchased 9.5 million shares for a total of $1,913 million during the three months ended March 31, 2025. This included repurchases of 5.5 million shares for $1,112 million using accelerated stock repurchases as a mechanism to achieve planned repurchase volumes within the quarter during closed windows. The Company's share repurchase program does not obligate it to acquire any specific number of shares. Under this program, shares may be purchased in the open market, in privately negotiated transactions, under accelerated share repurchase programs or under plans complying with Rules 10b5-1 and 10b-18 under