GENERAL ELECTRIC CO
For the period ended Dec 31, 2024. Filed Feb 3, 2025.
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FY2024 · Filed Feb 3, 2025
GE$337.91+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statement of Cash Flow
| STATEMENT OF CASH FLOWS | |||
|---|---|---|---|
| For the years ended December 31 (In millions) | 2024 | 2023 | 2022 |
| Net earnings (loss) | $6,566 | $9,445 | $403 |
| (Earnings) loss from discontinued operations activities | 91 | 3 | 949 |
| Adjustments to reconcile net earnings (loss) to cash from (used for) operating activities: | |||
| Depreciation and amortization of property, plant and equipment | 834 | 797 | 846 |
| Amortization of intangible assets (Note 7) | 350 | 382 | 338 |
| Goodwill impairments (Note 7) | 251 | — | — |
| (Gains) losses on equity securities (Note 19) | (719) | (5,846) | 56 |
| Debt extinguishment costs | — | — | 465 |
| Principal pension plans (benefit) cost (Note 13) | (653) | (755) | 305 |
| Principal pension plans employer contributions | (210) | (184) | (173) |
| Other postretirement benefit plans (net) | (299) | (348) | (332) |
| Provision (benefit) for income taxes (Note 15) | 962 | 994 | 169 |
| Cash recovered (paid) during the year for income taxes | (334) | (1,041) | (547) |
| Changes in operating working capital: | |||
| Decrease (increase) in current receivables | (1,076) | (210) | (1,875) |
| Decrease (increase) in inventories, including deferred inventory costs | (1,528) | (1,321) | (980) |
| Decrease (increase) in current contract assets | (112) | (27) | 36 |
| Increase (decrease) in contract liabilities and current deferred income | 1,066 | 1,226 | 1,075 |
| Increase (decrease) in progress collections | 531 | 242 | 1,187 |
| Increase (decrease) in accounts payable | 688 | 713 | 1,639 |
| Increase (decrease) in sales discounts and allowances | (266) | (203) | 47 |
| All other operating activities | (326) | 743 | 418 |
| Cash from (used for) operating activities – continuing operations | 5,817 | 4,609 | 4,027 |
| Cash from (used for) operating activities – discontinued operations | (1,107) | 580 | 1,889 |
| Cash from (used for) operating activities | 4,710 | 5,189 | 5,917 |
| Additions to property, plant and equipment and internal-use software | (1,032) | (862) | (662) |
| Dispositions of property, plant and equipment | 114 | 60 | 153 |
| Proceeds from principal business dispositions | 499 | — | 15 |
| Net cash from (payments for) principal businesses purchased | (135) | (41) | (30) |
| Sales of retained ownership interests | 5,250 | 9,004 | 4,717 |
| Net (purchases) dispositions of insurance investment securities | (963) | (986) | (876) |
| All other investing activities | (4,289) | 519 | 7,053 |
| Cash from (used for) investing activities – continuing operations | (556) | 7,693 | 10,369 |
| Cash from (used for) investing activities – discontinued operations | (1,110) | (3,726) | (8,099) |
| Cash from (used for) investing activities | (1,666) | 3,967 | 2,270 |
| Net increase (decrease) in borrowings (maturities of 90 days or less) | 2 | (71) | 42 |
| Newly issued debt (maturities longer than 90 days) | — | — | — |
| Repayments and other debt reductions (maturities longer than 90 days) | (788) | (3,282) | (11,088) |
| Dividends paid to shareholders | (1,008) | (589) | (639) |
| Cash received (paid) for debt extinguishment costs | — | — | 338 |
| Redemption of preferred stock | — | (5,795) | (144) |
| Purchases of common stock for treasury | (5,827) | (1,233) | (1,048) |
| All other financing activities | 992 | 459 | (1,000) |
| Cash from (used for) financing activities – continuing operations | (6,628) | (10,511) | (13,540) |
| Cash from (used for) financing activities – discontinued operations | (98) | 1,899 | 7,955 |
| Cash from (used for) financing activities | (6,726) | (8,613) | (5,585) |
| Effect of currency exchange rate changes on cash, cash equivalents and restricted cash | (193) | 120 | (369) |
| Increase (decrease) in cash, cash equivalents and restricted cash | (3,875) | 664 | 2,232 |
| Cash, cash equivalents and restricted cash at beginning of year | 19,755 | 19,092 | 16,859 |
| Cash, cash equivalents and restricted cash at December 31 | 15,880 | 19,755 | 19,092 |
| Less cash, cash equivalents and restricted cash of discontinued operations at December 31 | (1,327) | (3,762) | (4,868) |
| Cash, cash equivalents and restricted cash of continuing operations at December 31 | $14,553 | $15,993 | $14,223 |
| Supplemental disclosure of cash flows information | |||
| Cash paid during the year for interest | $(969) | $(1,067) | $(1,561) |
402024 FORM 10-K
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.