Company: GE
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000040545-25-000132
Chunk: 80

Company: GENERAL ELECTRIC CO
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 4
Chunk 80
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 AerCap note unrealized gain (loss)5 21 21 36 Gains (losses) on retained and sold ownership interests$5 $357 $21 $591 Other net interest and investment income (loss)162 187 496 616 Licensing and royalty income44 59 129 166 Equity method income48 28 124 107 Purchases and sales of business interests(a)3 356 3 377 Other items23 35 112 108 Total other income (loss)$285 $1,021 $885 $1,965 (a) Included a pre-tax gain of $341 million related to the sale of our non-core licensing business in Corporate in the three and nine months ended September 30, 2024.

2025 3Q FORM 10-Q 29

NOTE 19. RESTRUCTURING CHARGES AND SEPARATION COSTS

RESTRUCTURING AND OTHER CHARGES. This table is inclusive of all restructuring charges in our segments and at Corporate & Other. Separately, in our reported segment results, significant, higher-cost restructuring programs, primarily related to the separations, are excluded from measurement of segment operating performance for internal and external purposes; those excluded amounts are reported in Restructuring and other charges for Corporate & Other.RESTRUCTURING AND OTHER CHARGESThree months ended September 30Nine months ended September 302025202420252024Workforce reductions$20 $3 $39 $110 Plant closures & associated costs and other asset write-downs2 45 12 70 Acquisition/disposition net charges and other— 328 — 366 $22 $376 $51 $546 Cost of equipment/services$— $26 $3 $27 Selling, general and administrative expenses22 350 48 519 Total restructuring and other charges$22 $376 $51 $546 Restructuring and other cash expenditures(a)$9 $16 $64 $115 (a) Primarily related to employee severance payments.The restructuring liability as of September 30, 2025 and December 31, 2024 was $198 million and $242 million, respectively.For the three and nine months ended September 30, 2025, and 2024, restructuring and other charges for ongoing programs primarily included exit activities announced in the fourth