Company: GE
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000040545-25-000015
Chunk: 209

Company: GENERAL ELECTRIC CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 1
Chunk 209
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 pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Components of expense (income)Service cost - operating$71 $22 $13 $94 $37 $17 $221 $86 $39 Interest cost1,401 227 71 1,892 422 111 2,069 398 108 Expected return on plan assets(1,751)(310)— (2,376)(587)— (3,142)(967)— Amortization of net loss (gain)(468)41 (82)(723)20 (124)1,422 101 (115)Amortization of prior service cost (credit)6 (1)(103)5 (4)(148)5 (8)(235)Curtailment / settlement loss (gain)— — — (6)— — (6)— Non-operating$(812)$(43)$(114)$(1,202)$(155)$(161)$354 $(482)$(242)Net periodic expense (income)$(741)$(21)$(101)$(1,108)$(118)$(144)$575 $(396)$(203)Less: discontinued operations(88)(12)(15)(377)(78)(57)270 (320)(134)Continuing operations - net periodic expense (income)$(653)$(9)$(86)$(731)$(40)$(87)$305 $(76)$(69)Weighted-average benefit obligations assumptionsDiscount rate5.67 %5.48 %5.51 %5.18 %3.93 %5.09 %5.53 %4.59 %5.43 %Compensation increases6.00 3.10 6.00 3.86 2.24 3.25 3.07 2.44 3.12 Initial healthcare trend rate(a)N/AN/A7.00 N/AN/A6.50 N/AN/A6.40 Weighted-average benefit cost assumptionsDiscount rate5.18 3.93 5.09 5.53 4.59 5.43 2.94 1.93 2.64 Expected rate of return on plan assets7.00 5.34 — 7