Company: GE
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0000040545-25-000111
Chunk: 7

Company: GENERAL ELECTRIC CO
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 2
Chunk 7
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5, RPO increased $1.2 billion, or 7%, from December 31, 2024, primarily due to increases in equipment from orders outpacing revenue recognized.

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 June 30Six months ended June 302025202420252024Insurance revenue (Note 12)$872 $871 $1,806 $1,750 Eliminations and other(402)(310)(702)(642)Corporate & Other revenue$470 $561 $1,104 $1,108 Gains (losses) on purchases and sales of business interests$— $10 $— $20 Gains (losses) on retained and sold ownership interests and other equity securities (Note 18)3 (393)9 241 Restructuring and other charges (Note 19)(26)(77)(27)(147)Separation costs (Note 19)(47)(75)(98)(334)Insurance profit (loss) (Note 12)147 170 353 370 U.S. tax equity profit (loss)(57)(43)(104)(78)Adjusted Corporate & Other operating costs (Non-GAAP)(257)(126)(327)(251)Corporate & Other operating profit (cost) (GAAP)$(237)$(534)$(194)$(179)Less: gains (losses), impairments, Insurance, and restructuring & other20 (409)133 72 Adjusted Corporate & Other operating costs (Non-GAAP)$(257)$(126)$(327)$(251)Corporate & Other profit (costs)(120)16 (82)13 Eliminations(137)(142)(245)(264)Adjusted Corporate & Other operating costs (Non-GAAP)$(257)$(126)$(327)$(251)

2025