Company: GE
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000040545-25-000132
Chunk: 22

Company: GENERAL ELECTRIC CO
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 2
Chunk 22
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 stock units granted in 2025.

*Non-GAAP Financial Measure

2025 3Q FORM 10-Q 13

FREE CASH FLOW (FCF) (NON-GAAP)Nine months ended September 3020252024Cash flows from operating activities (CFOA) (GAAP)$6,447 $4,499 Add: gross additions to property, plant and equipment and internal-use software(842)(765)Add: dispositions of property, plant and equipment76 102 Less: separation cash expenditures(202)(716)Less: Corporate & Other restructuring cash expenditures(51)(123)Free cash flow (FCF) (Non-GAAP)$5,933 $4,674 We believe investors may find it useful to compare free cash flow* performance without the effects of separation cash expenditures and Corporate & Other restructuring cash expenditures (associated with the separation-related program announced in the fourth quarter of 2022). In addition, beginning in the third quarter of 2025, we now include dispositions of property, plant and equipment. We believe this measure will better allow management and investors to evaluate the capacity of our operations to generate free cash flow*. We also use FCF* as a performance metric at the company level for our annual executive incentive plan and performance stock units granted in 2025.