Company: GE
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000040545-25-000132
Chunk: 51

Company: GENERAL ELECTRIC CO
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 4
Chunk 51
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CONTROLS AND PROCEDURES. Under the direction of our Chief Executive Officer and Chief Financial Officer, we evaluated our disclosure controls and procedures and internal control over financial reporting and concluded that (i) our disclosure controls and procedures were effective as of September 30, 2025, and (ii) no change in internal control over financial reporting occurred during the quarter ended September 30, 2025, that has materially affected, or is reasonably likely to materially affect, such internal control over financial reporting.

OTHER FINANCIAL DATA

PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS. On March 7, 2024, the Board of Directors authorized up to $15 billion of common share repurchases. We repurchased 6,616 thousand shares for $1,840 million during the three months ended September 30, 2025 under this authorization.

PeriodTotal number of shares purchasedAverage price paid per shareTotal number of shares purchased as part of our share repurchase authorizationsApproximate dollar value of shares that may yet be purchased under our $15 billion  share repurchase authorization(Shares in thousands)2025July497 $269.80 497 August6,119 278.73 6,119 September— — — Total6,616 $278.06 6,616 $4,704 

*Non-GAAP Financial Measure

14 2025 3Q FORM 10-Q

STATEMENT OF OPERATIONS (UNAUDITED)Three months ended September 30Nine months ended September 30(In millions; per-share amounts in dollars)2025202420252024Sales of equipment$3,163 $2,448 $8,659 $7,044 Sales of services8,143 6,495 21,798 18,198 Insurance revenue (Note 12)875 899 2,681 2,649 Total revenue12,181 9,842 33,138 27,890 Cost of equipment sold3,361 2,625 8,451 7,391 Cost of services sold4,401 3,601 12,154 10,155 Selling, general and administrative expenses1,195 1,330 3,091 3,280 Separation costs53 74 150 408 Research and development415 331 1,132 901