Company: GE
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000040545-25-000015
Chunk: 244

Company: GENERAL ELECTRIC CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 1
Chunk 244
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 income and licensing and royalty income.GEOGRAPHIC INFORMATIONYears ended December 31202420232022U.S.$17,340 $17,105 $15,540 Non-U.S.Europe7,800 7,248 5,029 China region3,634 2,625 1,919 Asia (excluding China region)3,602 3,109 2,254 Americas2,593 1,862 1,803 Middle East and Africa3,734 3,399 2,594 Total Non-U.S.$21,363 $18,243 $13,599 Total geographic revenue$38,702 $35,348 $29,139 Non-U.S. revenue as a % of total revenue55 %52 %47 %

2024 FORM 10-K 75

December 31 20242023U.S.$5,166 $5,215 Non-U.S.Europe1,171 1,194 Asia497 500 Americas431 332 Other Global12 4 Total Non-U.S.$2,111 $2,031 Property, plant and equipment – net (Note 6)$7,277 $7,246 REMAINING PERFORMANCE OBLIGATION. As of December 31, 2024, the aggregate amount of the contracted revenue allocated to our unsatisfied (or partially unsatisfied) performance obligations was $171,635 million. We expect to recognize revenue as we satisfy our remaining performance obligations as follows: 1) equipment-related remaining performance obligation of $22,509 million of which 43%, 64% and 94% is expected to be recognized within 1, 2 and 5 years, respectively, and the remaining thereafter; and 2) services-related remaining performance obligations of $149,127 million of which 12%, 41%, 68% and 85% is expected to be recognized within 1, 5, 10 and 15 years, respectively, and the remaining thereafter. Contract modifications could affect both the timing to complete as well as the amount to be received as we fulfill the related remaining performance obligations.

NOTE 26. SUMMARIZED FINANCIAL INFORMATION

Equity method investments. Unconsolidated entities over which we have significant influence are accounted for as equity method investments and presented on a one-line basis in All other assets on our Statement of Financial Position. Equity