GENERAL ELECTRIC CO
For the period ended Dec 31, 2023. Filed Feb 2, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 2, 2024
GE$337.91+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statement of Financial Position
| STATEMENT OF FINANCIAL POSITION | ||
|---|---|---|
| December 31 (In millions) | 2023 | 2022 |
| Cash, cash equivalents and restricted cash | $16,967 | $15,810 |
| Investment securities (Note 3) | 5,706 | 7,609 |
| Current receivables (Note 4) | 15,466 | 14,831 |
| Inventories, including deferred inventory costs (Note 5) | 16,528 | 14,891 |
| Current contract assets (Note 8) | 1,500 | 2,467 |
| All other current assets (Note 9) | 1,647 | 1,400 |
| Assets of businesses held for sale (Note 2) | 1,985 | 1,374 |
| Current assets | 59,799 | 58,384 |
| Investment securities (Note 3) | 38,000 | 36,027 |
| Property, plant and equipment – net (Note 6) | 12,494 | 12,192 |
| Goodwill (Note 7) | 13,385 | 12,999 |
| Other intangible assets – net (Note 7) | 5,695 | 6,105 |
| Contract and other deferred assets (Note 8) | 5,406 | 5,776 |
| All other assets (Note 9) | 15,997 | 15,477 |
| Deferred income taxes (Note 15) | 10,575 | 10,001 |
| Assets of discontinued operations (Note 2) | 1,695 | 31,890 |
| Total assets | $163,045 | $188,851 |
| Short-term borrowings (Note 10) | $1,253 | $3,739 |
| Accounts payable and equipment project payables (Note 11) | 15,408 | 15,399 |
| Progress collections and deferred income (Note 8) | 19,677 | 16,216 |
| All other current liabilities (Note 14) | 12,712 | 12,130 |
| Liabilities of businesses held for sale (Note 2) | 1,826 | 1,944 |
| Current liabilities | 50,876 | 49,428 |
| Deferred income (Note 8) | 1,339 | 1,409 |
| Long-term borrowings (Note 10) | 19,711 | 20,320 |
| Insurance liabilities and annuity benefits (Note 12) | 39,624 | 36,845 |
| Non-current compensation and benefits (Note 13) | 11,214 | 10,400 |
| All other liabilities (Note 14) | 10,508 | 11,063 |
| Liabilities of discontinued operations (Note 2) | 1,193 | 24,474 |
| Total liabilities | 134,466 | 153,938 |
| Preferred stock (Note 16) | — | 6 |
| Common stock (Note 16) | 15 | 15 |
| Accumulated other comprehensive income (loss) – net attributable to GE (Note 16) | (6,150) | (2,272) |
| Other capital | 26,962 | 34,173 |
| Retained earnings | 86,527 | 82,983 |
| Less common stock held in treasury | (79,976) | (81,209) |
| Total GE shareholders’ equity | 27,378 | 33,696 |
| Noncontrolling interests | 1,202 | 1,216 |
| Total equity | 28,579 | 34,912 |
| Total liabilities and equity | $163,045 | $188,851 |
2023 FORM 10-K 42
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.