Company: GE
Filing Date: 2025-04-22
Form Type: 10-Q
Source: 0000040545-25-000062
Chunk: 37

Company: GENERAL ELECTRIC CO
Filing Date: 2025-04-22
Form: 10-Q
Item: Item 4
Chunk 37
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 of discontinued operations (Note 2)1,895 1,841 Total assets$124,123 $123,140 Short-term borrowings (Note 10)$2,084 $2,039 Accounts payable (Note 11)8,625 7,909 Progress collections (Note 8)6,842 6,695 Contract liabilities and deferred income (Note 8)9,624 9,353 Sales discounts and allowances (Note 14)3,555 3,475 All other current liabilities (Note 14)4,211 4,920   Current liabilities34,941 34,392 Deferred income (Note 8)1,054 1,013 Long-term borrowings (Note 10)17,487 17,234 Insurance liabilities and annuity benefits (Note 12)36,424 36,209 Non-current compensation and benefits6,872 7,035 All other liabilities (Note 14)6,538 6,376 Liabilities of discontinued operations (Note 2)1,339 1,317 Total liabilities104,654 103,576 Common stock (1,066,386,643 and 1,073,692,183 shares outstanding    at March 31, 2025 and 2024, respectively)  (Note 16)15 15 Accumulated other comprehensive income (loss) – net attributable to the Company (Note 16)(3,733)(3,861)Other capital23,912 24,266 Retained earnings82,081 80,488 Less common stock held in treasury(83,024)(81,566)Total shareholders’ equity19,251 19,342 Noncontrolling interests217 223 Total equity19,468 19,564 Total liabilities and equity$124,123 $123,140 

2025 1Q FORM 10-Q 15

STATEMENT OF CASH FLOWS (UNAUDITED)Three months ended March 31(In millions)20252024Net income (loss)$1,972 $1,565 Net (income) loss from discontinued operations activities(10)178 Adjustments to reconcile net income (loss) to cash from (used for) operating activities:Depreciation and amortization of property, plant and equipment210 202 Amortization of intangible assets (