Company: GE
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0000040545-25-000111
Chunk: 164

Company: GENERAL ELECTRIC CO
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 1
Chunk 164
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814 9,129 Defense & Propulsion TechnologiesCost of revenue1,884 1,776 3,609 3,557 Selling, general and administrative expenses257 211 501 468 Research and development71 75 143 142 Other segment expenses (income)(a)(12)(5)(23)(54)Total Defense & Propulsion Technologies expenses2,201 2,057 4,230 4,113 Commercial Engines & Services2,232 1,679 4,152 3,098 Defense & Propulsion Technologies362 344 658 600 Total segment profit (loss)2,594 2,023 4,810 3,698 Corporate & Other(237)(534)(194)(179)Interest and other financial charges(158)(248)(368)(511)Non-operating benefit income (cost)197 204 398 421 Benefit (provision) for income taxes(388)(125)(671)(369)Net income (loss) from continuing operations attributable to common shareholders2,008 1,320 3,975 3,061 Net income (loss) from discontinued operations attributable to common shareholders21 (54)31 (256)Net income (loss) attributable to common shareholders$2,028 $1,266 $4,006 $2,805 (a) Other segment expenses (income) primarily includes equity method income, interest income and licensing and royalty income.

34 2025 2Q FORM 10-Q 

REMAINING PERFORMANCE OBLIGATION. As of June 30, 2025, the aggregate amount of the contracted revenue allocated to our unsatisfied (or partially unsatisfied) performance obligations was $174,397 million. We expect to recognize revenue as we satisfy our remaining performance obligations as follows: (1) equipment-related remaining performance obligation of $24,389 million, of which 37%, 63% and 92% is expected to be satisfied within 1, 2 and 5 years, respectively; and (2) services-related remaining performance obligation of $150,008 million, of which 13%, 43%, 70% and 87% is expected to be recognized within 1, 5, 10 and 15 years, respectively, and the remaining thereafter. 

EXHIBITS

10(a). Form of Agreement for Restricted Stock Unit Grants to Directors under the GE 2022 Long