Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

General Electric Co., adjusted current assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current assets	59,799)	66,234)	66,348)	88,412)	90,016)
Adjustments
Add: Allowance for credit losses	647)	859)	1,074)	1,164)	874)
After Adjustment
Adjusted current assets	60,446)	67,093)	67,422)	89,576)	90,890)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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General Electric Co., adjusted total assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	163,045)	187,788)	198,874)	253,452)	266,048)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Allowance for credit losses	647)	859)	1,074)	1,164)	874)
Less: Deferred income tax assets²	10,575)	11,705)	10,855)	12,081)	9,889)
After Adjustment
Adjusted total assets	153,117)	176,942)	189,093)	242,535)	257,033)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred income tax assets. See details »

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General Electric Co., adjusted current liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current liabilities	50,876)	56,947)	51,953)	56,069)	77,572)
Adjustments
Less: Current deferred income	571)	1,952)	1,835)	1,757)	3,606)
Less: Current liability for product warranties	2,053)	1,268)	1,091)	1,197)	1,371)
After Adjustment
Adjusted current liabilities	48,252)	53,727)	49,027)	53,115)	72,595)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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General Electric Co., adjusted total liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	134,466)	150,206)	157,262)	216,378)	236,187)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred income	1,910)	3,958)	3,824)	3,558)	3,606)
Less: Liability for product warranties	2,053)	2,153)	1,891)	2,054)	2,165)
After Adjustment
Adjusted total liabilities	130,503)	144,095)	151,547)	210,766)	230,416)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

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General Electric Co., adjusted total GE shareholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total GE shareholders’ equity	27,378)	36,366)	40,310)	35,552)	28,316)
Adjustments
Less: Net deferred income tax asset (liability)¹	10,575)	11,705)	10,855)	12,081)	9,889)
Add: Allowance for credit losses	647)	859)	1,074)	1,164)	874)
Add: Deferred income	1,910)	3,958)	3,824)	3,558)	3,606)
Add: Liability for product warranties	2,053)	2,153)	1,891)	2,054)	2,165)
Add: Noncontrolling interests	1,201)	1,216)	1,302)	1,521)	1,545)
After Adjustment
Adjusted total equity	22,614)	32,847)	37,546)	31,768)	26,617)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Net deferred income tax asset (liability). See details »

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General Electric Co., adjusted capitalization table

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Short-term borrowings	1,253)	3,757)	4,361)	4,778)	23,727)
Long-term borrowings	19,711)	28,593)	30,824)	70,288)	67,155)
Total reported debt	20,964)	32,350)	35,185)	75,066)	90,882)
Total GE shareholders’ equity	27,378)	36,366)	40,310)	35,552)	28,316)
Total reported capital	48,342)	68,716)	75,495)	110,618)	119,198)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Operating lease liabilities (included in All other liabilities)²	1,973)	2,393)	2,848)	2,973)	3,162)
Adjusted total debt	22,937)	34,743)	38,033)	78,039)	94,044)
Adjustments to Equity
Less: Net deferred income tax asset (liability)³	10,575)	11,705)	10,855)	12,081)	9,889)
Add: Allowance for credit losses	647)	859)	1,074)	1,164)	874)
Add: Deferred income	1,910)	3,958)	3,824)	3,558)	3,606)
Add: Liability for product warranties	2,053)	2,153)	1,891)	2,054)	2,165)
Add: Noncontrolling interests	1,201)	1,216)	1,302)	1,521)	1,545)
Adjusted total equity	22,614)	32,847)	37,546)	31,768)	26,617)
After Adjustment
Adjusted total capital	45,551)	67,590)	75,579)	109,807)	120,661)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities (included in All other liabilities). See details »

³ Net deferred income tax asset (liability). See details »

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General Electric Co., adjusted sales of equipment and services

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Sales of equipment and services	64,565)	73,602)	71,090)	73,022)	87,487)
Adjustment
Add: Increase (decrease) in deferred income	(61)	134)	266)	516)	126)
After Adjustment
Adjusted sales of equipment and services	64,504)	73,736)	71,356)	73,538)	87,613)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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General Electric Co., adjusted net earnings (loss) attributable to the Company

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net earnings (loss) attributable to the Company	9,481)	225)	(6,520)	5,704)	(4,979)
Adjustments
Add: Deferred income tax expense (benefit)¹	622)	(631)	(9)	(2,926)	(1,104)
Add: Increase (decrease) in allowance for credit losses	(121)	(215)	(90)	290)	204)
Add: Increase (decrease) in deferred income	(61)	134)	266)	516)	126)
Add: Increase (decrease) in liability for product warranties	93)	262)	(163)	(111)	(27)
Less: Earnings (loss) from discontinued operations, net of taxes	414)	(644)	(3,195)	(126)	(5,335)
Add: Other comprehensive income (loss)	(3,876)	(2,892)	11,336)	1,990)	2,640)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	(35)	68)	(65)	(152)	25)
After Adjustment
Adjusted net earnings (loss)	5,689)	(2,405)	7,950)	5,437)	2,220)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Deferred income tax expense (benefit). See details »

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General Electric Co. (NYSE:GE)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income