Company: GE
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0000040545-25-000111
Chunk: 59

Company: GENERAL ELECTRIC CO
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 4
Chunk 59
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 market  yields partially offset by net proceeds from debt/equity securities sales and redemptions.Total estimated fair value of debt securities in an unrealized loss position were $19,794 million and $21,876 million, of which $13,707 million and $14,011 million had gross unrealized losses of $(2,652) million and $(2,795) million and have been in a loss position for 12 months or more at June 30, 2025 and December 31, 2024, respectively. The majority of our U.S. and non-U.S. corporate securities' gross unrealized losses were in the consumer, electric, technology, communication and energy industries. The majority of our  commercial mortgage-backed securities and asset-backed securities in an unrealized loss position have received investment-grade credit ratings from the major rating agencies. For our securities in an unrealized loss position, the losses are not indicative of credit losses, we currently do not intend to sell the investments, and it is not more likely than not that we will be required to sell the investments before recovery of their amortized cost basis.

2025 2Q FORM 10-Q 21

Three months ended June 30Six months ended June 302025202420252024Net unrealized gains (losses) for equity securities with readily determinable fair value (RDFV)$5 $(378)$10 $62 Proceeds from debt/equity securities sales and redemptions552 1,083 1,224 4,278 Gross realized gains on debt securities5 9 10 17 Gross realized losses and impairments on debt securities(10)(28)(17)(38)Contractual maturities of our debt securities (excluding mortgage and asset-backed securities) at June 30, 2025 are as follows:Amortized costEstimated fair valueWithin one year$843 $843 After one year through five years3,837 3,910 After five years through ten years5,123 5,251 After ten years24,456 22,279 We expect actual maturities to differ from contractual maturities because borrowers have the right to call or prepay certain obligations.The majority of our non-current investment securities are classified within Level 2, as their valuation is determined based on significant observable inputs. Investments with a fair value of $4,348 million and $5,074 million, including the AerCap senior note, are classified