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

Company: GENERAL ELECTRIC CO
Filing Date: 2025-04-22
Form: 10-Q
Item: Item 7
Chunk 22
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944 Total RPO$18,847 $17,991 

As of March 31, 2025, RPO increased $0.9 billion, or 5%, from December 31, 2024, primarily due to increases in equipment from orders outpacing revenue recognized as we are starting to get IDIQ orders from the Air Force.  

6 2025 1Q FORM 10-Q

CORPORATE & OTHER. Corporate & Other revenue include our run-off insurance operations revenue and the elimination of intersegment activities. Corporate & Other operating profit includes Corporate functions and operations costs, certain costs of our principal retirement plans, significant, higher-cost restructuring programs, separation costs, profit (loss) of our run-off insurance operations, U.S. tax equity profit (loss), transition services agreements, environmental health and safety (EHS) impacts and other costs, as well as certain amounts that are not included in operating segment results because they are excluded from measurement of their operating performance for internal and external purposes.

REVENUE AND OPERATING PROFIT (COST)Three months ended March 3120252024Insurance revenue (Note 12)$934 $879 Eliminations and other(300)(332)Corporate & Other revenue$634 $547 Gains (losses) on purchases and sales of business interests$— $10 Gains (losses) on retained and sold ownership interests and other equity securities (Note 18)7 635 Restructuring and other charges (Note 19)(1)(70)Separation costs (Note 19)(51)(259)Insurance profit (loss) (Note 12)205 200 U.S. tax equity profit (loss)(47)(35)Adjusted Corporate & Other operating costs (Non-GAAP)(70)(125)Corporate & Other operating profit (cost) (GAAP)$43 $355 Less: gains (losses), impairments, Insurance, and restructuring & other113 481 Adjusted Corporate & Other operating costs (Non-GAAP)$(70)$(125)Corporate & Other profit (costs)38 (3)Eliminations(108)(122)Adjusted Corporate & Other operating costs (Non-GAAP)$(70)$(125)

Adjusted Corporate & Other operating costs* excludes gains (losses) on purchases and sales of business interests, gains (losses) on retained and sold ownership interests and other equity securities, higher-cost restructuring programs, separation costs, our run