Company: GE
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000040545-25-000132
Chunk: 71

Company: GENERAL ELECTRIC CO
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 4
Chunk 71
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 assumptions257 — 4 387 — (1)Effect of actual variances from expected experience(a)(3)— (2,343)(26)— (5)Adjusted beginning of year balance4,244 — 2,076 4,106 — 4,768 Interest accrual 164 — 138 155 — 134 Net premiums collected(299)— (223)(298)— (212)Effect of foreign currency— — 108 — — (41)Ending balance at locked-in discount rate4,110 — 2,099 3,962 — 4,649 Effect of changes in discount rate assumptions278 — 87 355 — (24)Balance, end of period$4,388 $— $2,186 $4,317 $— $4,625 Present value of expected future policy benefitsBalance, beginning of year$28,820 $8,426 $5,336 $30,895 $9,357 $5,921 Beginning balance at locked-in discount rate27,448 8,301 5,411 27,144 8,561 5,847 Effect of changes in cash flow assumptions308 (37)43 389 — 24 Effect of actual variances from expected experience(a)142 6 (2,381)24 (25)(4)Adjusted beginning of year balance27,898 8,270 3,074 27,557 8,536 5,867 Interest accrual1,129 323 167 1,112 332 164 Benefit payments(1,130)(486)(319)(1,079)(493)(329)Effect of foreign currency— — 113 — — (44)Ending balance at locked-in discount rate27,897 8,107 3,035 27,591 8,374 5,658   Effect of changes in discount rate assumptions2,291 360 127 3,540 719 26 Balance, end of period$30,188 $8,467 $3,161 $31,131 $9,093 $5,684 Net future policy benefit reserves$25,801 $8,467 $976 $26,813 $9,093