Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type

GE AEROSPACE   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Sales of services30,163.0024,847.0037,772.0041,626.0036,890.0023,558.0028,538.0038,689.0037,551.0034,976.00
Sales of goods12,159.0010,274.0026,793.0031,976.0034,200.0049,464.0058,949.0074,855.0075,641.0075,414.00
GECS revenues from services----------6,597.007,728.008,072.007,276.009,297.00
Insurance revenues3,533.003,581.003,389.002,954.003,106.00----------
Other income----------------1,625.004,005.00
Consolidated, liquidating securitization entities--------------------
GECS commercial paper interest rate swap adjustment--------------------
Total Revenues45,855.0038,702.0067,954.0076,555.0074,196.0079,619.0095,214.00121,615.00122,092.00123,693.00
Cost of goods sold12,382.0010,341.0027,683.0030,426.0031,399.0042,041.0048,406.0063,116.0064,328.0062,440.00
Cost of services sold16,586.0013,967.0022,709.0025,109.0022,497.0018,380.0021,622.0029,555.0027,606.0025,043.00
Goodwill impairment--251.00------1,717.001,486.0022,136.00----
Research & development1,580.001,286.001,907.002,813.002,497.002,565.00--------
Selling, general and administrative expenses4,088.004,437.009,195.0012,781.0011,707.0012,621.0013,949.0018,111.0018,280.0018,377.00
Other costs and expenses--------136.00384.00458.00464.003,632.00982.00
Interest and other financial charges843.00986.001,118.001,607.001,876.003,273.004,227.005,059.004,869.005,025.00
Minority interest in net earnings of consolidated affiliates--------------------
Investment contracts, insurance losses and insurance annuity benefits--------------(2,790.00)----
Provision for losses on financing receivables--------------------
Insurance losses and policyholder and annuity benefits(2,449.00)(2,429.00)(2,886.00)(2,734.00)(2,283.00)(2,397.00)(3,294.00)--(12,168.00)(2,797.00)
Consolidated, liquidating securitization entities--------------------
Debt extinguishment costs------(465.00)(6,524.00)----------
Separation costs(202.00)(492.00)(978.00)(973.00)------------
Other income1,487.002,264.007,129.001,231.002,823.0011,387.002,222.002,259.00----
Non-operating benefit costs788.00842.001,585.00532.00(1,782.00)(2,433.00)(2,844.00)(2,777.00)----
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND ACCOUNTING CHANGES10,000.007,620.0010,191.001,412.00(3,683.00)5,197.001,149.00(20,134.00)(8,791.00)9,030.00
Provision for income taxes1,405.00962.001,162.00476.00(286.00)(474.00)726.00583.00(3,043.00)(464.00)
GE: Current tax expense----------2,123.00146.002,451.002,810.00(140.00)
GE: Deferred tax expense (benefit) from temporary differences----------(1,735.00)726.00(1,494.00)449.001,107.00
GECS: Current tax expense (benefit)----------329.00--596.00(1,008.00)(1,138.00)
GECS: Deferred tax expense (benefit) from temporary differences----------(1,191.00)--(970.00)(5,294.00)(293.00)
Income (loss) from Continuing Operations8,595.006,657.009,029.00936.00(3,396.00)5,672.00423.00(20,717.00)(5,748.00)9,494.00
Earnings (Loss) from Discontinued Operations, net of taxes103.00(91.00)414.00(644.00)(3,195.00)(125.00)(5,335.00)(1,726.00)(309.00)(954.00)
EARNINGS BEFORE ACCOUNTING CHANGES--------------------
Cumulative effect of accounting changes--------------------
Net Earnings8,698.006,566.009,443.00292.00(6,591.00)5,546.00(4,912.00)(22,443.00)(6,056.00)8,540.00
Less net earnings attributable to noncontrolling interests(6.00)11.00(37.00)67.00(71.00)(158.00)66.00(89.00)(270.00)(291.00)
Preferred stock dividends declared----295.00289.00237.00474.00460.00447.00436.00656.00
Net earnings attributable to GE common shareowners8,704.006,556.009,186.00(64.00)(6,757.00)5,230.00(5,439.00)(22,802.00)(6,222.00)8,176.00
Earnings from continuing operations-Basic8.116.158.360.53(3.25)4.72(0.08)(19.44)(5.44)8.08
Earnings from discontinued operations-Basic0.10(0.11)0.38(0.59)(2.91)(0.08)--(1.60)(0.32)(0.88)
Cumulative effect of accounting changes--------------------
Basic Earnings Per Share8.206.048.44(0.06)(6.16)4.64(4.96)(20.96)(5.76)7.20
Earnings from continuing operations-Diluted8.056.097.980.53(3.25)4.72(0.08)(19.44)(5.44)8.00
Earnings from discontinued operations-Diluted0.10(0.10)0.38(0.58)(2.91)(0.08)--(1.60)(0.32)(0.80)
Cumulative effect of accounting changes--------------------
Diluted Earnings Per Share8.145.998.36(0.05)(6.16)4.64(4.96)(20.96)(5.76)7.12
weighted Average shares outstanding (basic)1,061.001,085.001,089.001,096.001,098.001,094.131,090.501,086.381,085.881,128.13
weighted Average shares outstanding (diluted)1,068.001,094.001,099.001,101.001,098.001,094.131,090.501,086.381,085.881,141.25