Company: GE
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0000040545-25-000111
Chunk: 106

Company: GENERAL ELECTRIC CO
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 8
Chunk 106
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 cash flow assumptions16 — — 16 — — Effect of actual variances from expected experience12 — 8 (26)— (34)Adjusted beginning of year balance4,018 — 4,423 3,735 — 4,739 Interest accrual 108 — 92 101 — 90 Net premiums collected(197)— (148)(196)— (140)Effect of foreign currency— — 130 — — (91)Ending balance at locked-in discount rate3,930 — 4,496 3,640 — 4,597 Effect of changes in discount rate assumptions211 — (104)164 — (183)Balance, end of period$4,141 $— $4,392 $3,803 $— $4,415 Present value of expected future policy benefitsBalance, beginning of year$28,820 $8,426 $5,336 $30,895 $9,357 $5,921 Beginning balance at locked-in discount rate27,448 8,301 5,411 27,144 8,561 5,847 Effect of changes in cash flow assumptions(68)— — (10)— — Effect of actual variances from expected experience152 (6)24 7 (25)(51)Adjusted beginning of year balance27,533 8,295 5,435 27,141 8,536 5,796 Interest accrual748 217 112 738 222 110 Benefit payments(743)(325)(222)(693)(328)(219)Effect of foreign currency— — 136 — — (96)Ending balance at locked-in discount rate27,537 8,187 5,461 27,185 8,429 5,591   Effect of changes in discount rate assumptions1,654 195 (75)1,920 271 (166)Balance, end of period$29,192 $8,382 $5,386 $29,105 $8,700 $5,424 Net future policy benefit reserves$25,051 $8,382 $994 $25,301 $8,700 $1,010 Less: Reinsurance recoverables,