Company: GE
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000040545-25-000015
Chunk: 348

Company: GENERAL ELECTRIC CO
Filing Date: 2025-02-03
Form: 10-K
Item: Item 8
Chunk 348
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 & Services$26,881 $23,855 $18,813 $216 $559 $451 $26,666 $23,296 $18,362 Defense & Propulsion Technologies9,478 8,961 7,989 1,453 1,253 1,017 8,025 7,708 6,972 Corporate & Other2,343 2,532 2,337 (1,669)(1,812)(1,468)4,011 4,344 3,805 Total revenue$38,702 $35,348 $29,139 $— $— $— $38,702 $35,348 $29,139 202420232022Years ended December 31EquipmentServicesTotalEquipmentServicesTotalEquipmentServicesTotalCommercial Engines & Services$7,106 $19,775 $26,881 $6,169 $17,686 $23,855 $5,125 $13,688 $18,813 Defense & Propulsion Technologies4,208 5,270 9,478 4,000 4,961 8,961 3,405 4,584 7,989 Total segment revenue$11,315 $25,045 $36,360 $10,170 $22,647 $32,816 $8,530 $18,272 $26,802 Total sales of equipment and services to agencies of the U.S. Government were 12%, 14% and 15% of total revenue for the years ended December 31, 2024, 2023 and 2022, respectively. EXPENSES, PROFIT AND EARNINGS For the years ended December 31202420232022Commercial Engines & ServicesCost of revenue$17,703 $16,575 $13,329 Selling, general and administrative expenses1,678 1,386 1,119 Research and development993 736 543 Other segment expenses (income)(a)(548)(484)(342)Total Commercial Engines & Services expenses19,826 18,213 14,649 Defense & Propulsion TechnologiesCost of revenue7,237 6,929 5,971 Selling, general and administrative expenses954 893 810 Research and development301 277