| ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE | December 31, 2022 | December 31, 2021 | ||||||
| Current receivables, inventories and contract assets | $ | 495\u00a0 | $ | \u2014\u00a0 | ||||
| Non-current captive insurance investment securities | 554\u00a0 | \u2014\u00a0 | ||||||
| Property, plant and equipment and intangible assets - net | 232\u00a0 | \u2014\u00a0 | ||||||
All other assets | 94\u00a0 | \u2014\u00a0 | ||||||
| Assets of businesses held for sale | $ | 1,374\u00a0 | $ | \u2014\u00a0 | ||||
| Progress collections and deferred income | $ | 1,127\u00a0 | $ | \u2014\u00a0 | ||||
| Insurance liabilities and annuity benefits | 358\u00a0 | \u2014\u00a0 | ||||||
| Accounts payable, equipment project payables and all other liabilities | 458\u00a0 | \u2014\u00a0 | ||||||
Liabilities of businesses held for sale | $ | 1,944\u00a0 | $ | \u2014\u00a0 |
RESULTS OF DISCONTINUED OPERATIONS For the year ended December 31, 2022 | GECAS | Bank BPH & Other | Total | ||||||||
| Total revenues | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | |||||
| Cost of equipment and services sold | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | ||||||||
| Other income, costs and expenses | \u2014\u00a0 | (808) | (808) | ||||||||
| Earnings (loss) of discontinued operations before income taxes | \u2014\u00a0 | (808) | (808) | ||||||||
| Benefit (provision) for income taxes | \u2014\u00a0 | (32) | (32) | ||||||||
| Earnings (loss) of discontinued operations, net of taxes(a) | \u2014\u00a0 | (841) | (841) | ||||||||
| Gain (loss) on disposal before income taxes | (18) | 75\u00a0 | 58\u00a0 | ||||||||
| Benefit (provision) for income taxes | 139\u00a0 | \u2014\u00a0 | 139\u00a0 | ||||||||
| Gain (loss) on disposal, net of taxes | 121\u00a0 | 75\u00a0 | 196\u00a0 | ||||||||
| Earnings (loss) from discontinued operations, net of taxes | $ | 121\u00a0 | $ | (765) | $ | (644) |
For the year ended December 31, 2021 | GECAS | Bank BPH & Other | Total | ||||||||
| Total revenues | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | |||||
| Cost of equipment and services sold | (398) | \u2014\u00a0 | (398) | ||||||||
| Other income, costs and expenses | 1,992\u00a0 | (599) | 1,393\u00a0 | ||||||||
| Earnings (loss) of discontinued operations before income taxes | 1,594\u00a0 | (599) | 995\u00a0 | ||||||||
| Benefit (provision) for income taxes | (258) | (77) | (335) | ||||||||
| Earnings (loss) of discontinued operations, net of taxes(a) | 1,336\u00a0 | (676) | 660\u00a0 | ||||||||
| Gain (loss) on disposal before income taxes | (3,312) | 65\u00a0 | (3,246) | ||||||||
| Benefit (provision) for income taxes | (570) | (38) | (608) | ||||||||
| Gain (loss) on disposal, net of taxes | (3,882) | 27\u00a0 | (3,855) | ||||||||
| Earnings (loss) from discontinued operations, net of taxes | $ | (2,546) | $ | (648) | $ | (3,195) |
For the year ended December 31, 2020 | |||||||||||
| Total revenues | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | |||||
| Cost of equipment and services sold | (2,555) | \u2014\u00a0 | (2,555) | ||||||||
| Other income, costs and expenses | 1,781\u00a0 | (195) | 1,586\u00a0 | ||||||||
| Earnings (loss) of discontinued operations before income taxes | (773) | (195) | (968) | ||||||||
| Benefit (provision) for income taxes | (13) | 101\u00a0 | 89\u00a0 | ||||||||
| Earnings (loss) of discontinued operations, net of taxes(a) | (786) | (93) | (879) | ||||||||
| Gain (loss) on disposal before income taxes | \u2014\u00a0 | (31) | (31) | ||||||||
| Benefit (provision) for income taxes | \u2014\u00a0 | (1) | (1) | ||||||||
| Gain (loss) on disposal, net of taxes | \u2014\u00a0 | (32) | (32) | ||||||||
| Earnings (loss) from discontinued operations, net of taxes | $ | (786) | $ | (125) | $ | (911) |
| ASSETS AND LIABILITIES OF DISCONTINUED OPERATIONS | December 31, 2022 | December 31, 2021 | ||||||
Cash, cash equivalents and restricted cash | $ | 1,176\u00a0 | $ | 736\u00a0 | ||||
Financing receivables held for sale (Polish mortgage portfolio) | 1,199\u00a0 | 1,799\u00a0 | ||||||
| \u00a0Property, plant, and equipment - net | 73\u00a0 | 88\u00a0 | ||||||
All other assets | 444\u00a0 | 554\u00a0 | ||||||
| Assets of discontinued operations | $ | 2,892\u00a0 | $ | 3,177\u00a0 | ||||
Accounts payable and all other liabilities | $ | 1,137\u00a0 | $ | 887\u00a0 | ||||
Liabilities of discontinued operations | $ | 1,137\u00a0 | $ | 887\u00a0 |
| ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE | December 31, 2022 | December 31, 2021 | ||||||
| Current receivables, inventories and contract assets | $ | 495\u00a0 | $ | \u2014\u00a0 | ||||
| Non-current captive insurance investment securities | 554\u00a0 | \u2014\u00a0 | ||||||
| Property, plant and equipment and intangible assets - net | 232\u00a0 | \u2014\u00a0 | ||||||
All other assets | 94\u00a0 | \u2014\u00a0 | ||||||
| Assets of businesses held for sale | $ | 1,374\u00a0 | $ | \u2014\u00a0 | ||||
| Progress collections and deferred income | $ | 1,127\u00a0 | $ | \u2014\u00a0 | ||||
| Insurance liabilities and annuity benefits | 358\u00a0 | \u2014\u00a0 | ||||||
| Accounts payable, equipment project payables and all other liabilities | 458\u00a0 | \u2014\u00a0 | ||||||
Liabilities of businesses held for sale | $ | 1,944\u00a0 | $ | \u2014\u00a0 |
RESULTS OF DISCONTINUED OPERATIONS For the year ended December 31, 2022 | GECAS | Bank BPH & Other | Total | ||||||||
| Total revenues | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | |||||
| Cost of equipment and services sold | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | ||||||||
| Other income, costs and expenses | \u2014\u00a0 | (808) | (808) | ||||||||
| Earnings (loss) of discontinued operations before income taxes | \u2014\u00a0 | (808) | (808) | ||||||||
| Benefit (provision) for income taxes | \u2014\u00a0 | (32) | (32) | ||||||||
| Earnings (loss) of discontinued operations, net of taxes(a) | \u2014\u00a0 | (841) | (841) | ||||||||
| Gain (loss) on disposal before income taxes | (18) | 75\u00a0 | 58\u00a0 | ||||||||
| Benefit (provision) for income taxes | 139\u00a0 | \u2014\u00a0 | 139\u00a0 | ||||||||
| Gain (loss) on disposal, net of taxes | 121\u00a0 | 75\u00a0 | 196\u00a0 | ||||||||
| Earnings (loss) from discontinued operations, net of taxes | $ | 121\u00a0 | $ | (765) | $ | (644) |
For the year ended December 31, 2021 | GECAS | Bank BPH & Other | Total | ||||||||
| Total revenues | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | |||||
| Cost of equipment and services sold | (398) | \u2014\u00a0 | (398) | ||||||||
| Other income, costs and expenses | 1,992\u00a0 | (599) | 1,393\u00a0 | ||||||||
| Earnings (loss) of discontinued operations before income taxes | 1,594\u00a0 | (599) | 995\u00a0 | ||||||||
| Benefit (provision) for income taxes | (258) | (77) | (335) | ||||||||
| Earnings (loss) of discontinued operations, net of taxes(a) | 1,336\u00a0 | (676) | 660\u00a0 | ||||||||
| Gain (loss) on disposal before income taxes | (3,312) | 65\u00a0 | (3,246) | ||||||||
| Benefit (provision) for income taxes | (570) | (38) | (608) | ||||||||
| Gain (loss) on disposal, net of taxes | (3,882) | 27\u00a0 | (3,855) | ||||||||
| Earnings (loss) from discontinued operations, net of taxes | $ | (2,546) | $ | (648) | $ | (3,195) |
For the year ended December 31, 2020 | |||||||||||
| Total revenues | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | |||||
| Cost of equipment and services sold | (2,555) | \u2014\u00a0 | (2,555) | ||||||||
| Other income, costs and expenses | 1,781\u00a0 | (195) | 1,586\u00a0 | ||||||||
| Earnings (loss) of discontinued operations before income taxes | (773) | (195) | (968) | ||||||||
| Benefit (provision) for income taxes | (13) | 101\u00a0 | 89\u00a0 | ||||||||
| Earnings (loss) of discontinued operations, net of taxes(a) | (786) | (93) | (879) | ||||||||
| Gain (loss) on disposal before income taxes | \u2014\u00a0 | (31) | (31) | ||||||||
| Benefit (provision) for income taxes | \u2014\u00a0 | (1) | (1) | ||||||||
| Gain (loss) on disposal, net of taxes | \u2014\u00a0 | (32) | (32) | ||||||||
| Earnings (loss) from discontinued operations, net of taxes | $ | (786) | $ | (125) | $ | (911) |
| ASSETS AND LIABILITIES OF DISCONTINUED OPERATIONS | December 31, 2022 | December 31, 2021 | ||||||
Cash, cash equivalents and restricted cash | $ | 1,176\u00a0 | $ | 736\u00a0 | ||||
Financing receivables held for sale (Polish mortgage portfolio) | 1,199\u00a0 | 1,799\u00a0 | ||||||
| \u00a0Property, plant, and equipment - net | 73\u00a0 | 88\u00a0 | ||||||
All other assets | 444\u00a0 | 554\u00a0 | ||||||
| Assets of discontinued operations | $ | 2,892\u00a0 | $ | 3,177\u00a0 | ||||
Accounts payable and all other liabilities | $ | 1,137\u00a0 | $ | 887\u00a0 | ||||
Liabilities of discontinued operations | $ | 1,137\u00a0 | $ | 887\u00a0 |
| December 31, 2022 | December 31, 2021 | ||||||||||||||||||||||||||||
| Amortized cost | Gross unrealized gains | Gross unrealized losses | Estimated fair value | Amortized cost | Gross unrealized gains | Gross unrealized losses | Estimated fair value | ||||||||||||||||||||||
| Equity and note (AerCap) | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,403\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 8,287\u00a0 | |||||||||||||
| Equity (Baker Hughes) | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 207\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 4,010\u00a0 | |||||||||||||||||||||
| Current investment securities | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,609\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 12,297\u00a0 | |||||||||||||
| Debt | |||||||||||||||||||||||||||||
| U.S. corporate | $ | 26,921\u00a0 | $ | 675\u00a0 | $ | (2,164) | $ | 25,432\u00a0 | $ | 25,182\u00a0 | $ | 5,502\u00a0 | $ | (33) | $ | 30,652\u00a0 | |||||||||||||
| Non-U.S. corporate | 2,548\u00a0 | 18\u00a0 | (300) | 2,266\u00a0 | 2,361\u00a0 | 343\u00a0 | (4) | 2,701\u00a0 | |||||||||||||||||||||
| State and municipal | 2,898\u00a0 | 66\u00a0 | (241) | 2,722\u00a0 | 2,639\u00a0 | 573\u00a0 | (6) | 3,205\u00a0 | |||||||||||||||||||||
| Mortgage and asset-backed | 4,442\u00a0 | 21\u00a0 | (290) | 4,173\u00a0 | 3,950\u00a0 | 117\u00a0 | (47) | 4,019\u00a0 | |||||||||||||||||||||
| Government and agencies | 1,172\u00a0 | 2\u00a0 | (147) | 1,026\u00a0 | 1,086\u00a0 | 104\u00a0 | (2) | 1,188\u00a0 | |||||||||||||||||||||
| Other equity | 429\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 429\u00a0 | 443\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 443\u00a0 | |||||||||||||||||||||
| Non-current investment securities | $ | 38,410\u00a0 | $ | 781\u00a0 | $ | (3,143) | $ | 36,048\u00a0 | $ | 35,662\u00a0 | $ | 6,639\u00a0 | $ | (92) | $ | 42,209\u00a0 | |||||||||||||
| For the years ended December 31 | 2022 | 2021 | ||||||
| Purchases of investment securities | $ | (4,046) | $ | (4,286) | ||||
| Dispositions and maturities of investment securities | 3,170\u00a0 | 2,997\u00a0 | ||||||
| Net (purchases) dispositions of insurance investment securities | $ | (876) | $ | (1,290) |
| Amortized cost | Estimated fair value | |||||||
| Within one year | $ | 413\u00a0 | $ | 409\u00a0 | ||||
| After one year through five years | 4,287\u00a0 | 4,247\u00a0 | ||||||
| After five years through ten years | 5,910\u00a0 | 5,869\u00a0 | ||||||
| After ten years | 22,928\u00a0 | 20,920\u00a0 |
| December 31, 2022 | December 31, 2021 | ||||||||||||||||||||||||||||
| Amortized cost | Gross unrealized gains | Gross unrealized losses | Estimated fair value | Amortized cost | Gross unrealized gains | Gross unrealized losses | Estimated fair value | ||||||||||||||||||||||
| Equity and note (AerCap) | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,403\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 8,287\u00a0 | |||||||||||||
| Equity (Baker Hughes) | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 207\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 4,010\u00a0 | |||||||||||||||||||||
| Current investment securities | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,609\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 12,297\u00a0 | |||||||||||||
| Debt | |||||||||||||||||||||||||||||
| U.S. corporate | $ | 26,921\u00a0 | $ | 675\u00a0 | $ | (2,164) | $ | 25,432\u00a0 | $ | 25,182\u00a0 | $ | 5,502\u00a0 | $ | (33) | $ | 30,652\u00a0 | |||||||||||||
| Non-U.S. corporate | 2,548\u00a0 | 18\u00a0 | (300) | 2,266\u00a0 | 2,361\u00a0 | 343\u00a0 | (4) | 2,701\u00a0 | |||||||||||||||||||||
| State and municipal | 2,898\u00a0 | 66\u00a0 | (241) | 2,722\u00a0 | 2,639\u00a0 | 573\u00a0 | (6) | 3,205\u00a0 | |||||||||||||||||||||
| Mortgage and asset-backed | 4,442\u00a0 | 21\u00a0 | (290) | 4,173\u00a0 | 3,950\u00a0 | 117\u00a0 | (47) | 4,019\u00a0 | |||||||||||||||||||||
| Government and agencies | 1,172\u00a0 | 2\u00a0 | (147) | 1,026\u00a0 | 1,086\u00a0 | 104\u00a0 | (2) | 1,188\u00a0 | |||||||||||||||||||||
| Other equity | 429\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 429\u00a0 | 443\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 443\u00a0 | |||||||||||||||||||||
| Non-current investment securities | $ | 38,410\u00a0 | $ | 781\u00a0 | $ | (3,143) | $ | 36,048\u00a0 | $ | 35,662\u00a0 | $ | 6,639\u00a0 | $ | (92) | $ | 42,209\u00a0 | |||||||||||||
| For the years ended December 31 | 2022 | 2021 | ||||||
| Purchases of investment securities | $ | (4,046) | $ | (4,286) | ||||
| Dispositions and maturities of investment securities | 3,170\u00a0 | 2,997\u00a0 | ||||||
| Net (purchases) dispositions of insurance investment securities | $ | (876) | $ | (1,290) |
| Amortized cost | Estimated fair value | |||||||
| Within one year | $ | 413\u00a0 | $ | 409\u00a0 | ||||
| After one year through five years | 4,287\u00a0 | 4,247\u00a0 | ||||||
| After five years through ten years | 5,910\u00a0 | 5,869\u00a0 | ||||||
| After ten years | 22,928\u00a0 | 20,920\u00a0 |
| CURRENT RECEIVABLES | ||||||||
| December 31 | 2022 | 2021 | ||||||
| Customer receivables | $ | 14,916\u00a0 | $ | 13,079\u00a0 | ||||
| Revenue sharing program receivables(a) | 1,326\u00a0 | 1,166\u00a0 | ||||||
| Non-income based tax receivables | 1,320\u00a0 | 1,222\u00a0 | ||||||
| Supplier advances | 711\u00a0 | 596\u00a0 | ||||||
| Receivables from disposed businesses | 115\u00a0 | 148\u00a0 | ||||||
| Other sundry receivables | 447\u00a0 | 483\u00a0 | ||||||
| Allowance for credit losses(b) | (859) | (1,074) | ||||||
| Total current receivables | $ | 17,976\u00a0 | $ | 15,620\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Aerospace | $ | 7,784\u00a0 | $ | 5,812\u00a0 | ||||
| Renewable Energy | 2,415\u00a0 | 2,218\u00a0 | ||||||
| Power | 4,229\u00a0 | 4,092\u00a0 | ||||||
| HealthCare | 3,354\u00a0 | 3,255\u00a0 | ||||||
| Corporate | 195\u00a0 | 244\u00a0 | ||||||
| Total current receivables | $ | 17,976\u00a0 | $ | 15,620\u00a0 |
| 2022 | 2021 | ||||||||||||||||
| Third Parties | WCS | Third Parties | |||||||||||||||
| Balance at January 1 | $ | 161\u00a0 | $ | 3,618\u00a0 | $ | 2,992\u00a0 | |||||||||||
| GE businesses sales to WCS | \u2014\u00a0 | 13,773\u00a0 | \u2014\u00a0 | ||||||||||||||
| GE businesses sales to third parties(a) | 2,061\u00a0 | \u2014\u00a0 | 1,415\u00a0 | ||||||||||||||
| WCS sales to third parties | \u2014\u00a0 | (10,816) | 10,816\u00a0 | ||||||||||||||
| Collections and other | (2,163) | (6,676) | (15,062) | ||||||||||||||
| Reclassification from long-term customer receivables | 41\u00a0 | 100\u00a0 | \u2014\u00a0 | ||||||||||||||
Balance at December 31 | $ | 100\u00a0 | $ | \u2014\u00a0 | $ | 161\u00a0 |
| LONG-TERM RECEIVABLES | ||||||||
| December 31 | 2022 | 2021 | ||||||
| Long-term customer receivables(a) | $ | 535\u00a0 | $ | 521\u00a0 | ||||
| Financing receivables | 386\u00a0 | 592\u00a0 | ||||||
| Supplier advances | 277\u00a0 | 309\u00a0 | ||||||
| Non-income based tax receivables | 241\u00a0 | 245\u00a0 | ||||||
| Receivables from disposed businesses | 51\u00a0 | 150\u00a0 | ||||||
| Sundry receivables | 406\u00a0 | 440\u00a0 | ||||||
| Allowance for credit losses | (223) | (160) | ||||||
| Total long-term receivables | $ | 1,672\u00a0 | $ | 2,097\u00a0 |
| CURRENT RECEIVABLES | ||||||||
| December 31 | 2022 | 2021 | ||||||
| Customer receivables | $ | 14,916\u00a0 | $ | 13,079\u00a0 | ||||
| Revenue sharing program receivables(a) | 1,326\u00a0 | 1,166\u00a0 | ||||||
| Non-income based tax receivables | 1,320\u00a0 | 1,222\u00a0 | ||||||
| Supplier advances | 711\u00a0 | 596\u00a0 | ||||||
| Receivables from disposed businesses | 115\u00a0 | 148\u00a0 | ||||||
| Other sundry receivables | 447\u00a0 | 483\u00a0 | ||||||
| Allowance for credit losses(b) | (859) | (1,074) | ||||||
| Total current receivables | $ | 17,976\u00a0 | $ | 15,620\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Aerospace | $ | 7,784\u00a0 | $ | 5,812\u00a0 | ||||
| Renewable Energy | 2,415\u00a0 | 2,218\u00a0 | ||||||
| Power | 4,229\u00a0 | 4,092\u00a0 | ||||||
| HealthCare | 3,354\u00a0 | 3,255\u00a0 | ||||||
| Corporate | 195\u00a0 | 244\u00a0 | ||||||
| Total current receivables | $ | 17,976\u00a0 | $ | 15,620\u00a0 |
| 2022 | 2021 | ||||||||||||||||
| Third Parties | WCS | Third Parties | |||||||||||||||
| Balance at January 1 | $ | 161\u00a0 | $ | 3,618\u00a0 | $ | 2,992\u00a0 | |||||||||||
| GE businesses sales to WCS | \u2014\u00a0 | 13,773\u00a0 | \u2014\u00a0 | ||||||||||||||
| GE businesses sales to third parties(a) | 2,061\u00a0 | \u2014\u00a0 | 1,415\u00a0 | ||||||||||||||
| WCS sales to third parties | \u2014\u00a0 | (10,816) | 10,816\u00a0 | ||||||||||||||
| Collections and other | (2,163) | (6,676) | (15,062) | ||||||||||||||
| Reclassification from long-term customer receivables | 41\u00a0 | 100\u00a0 | \u2014\u00a0 | ||||||||||||||
Balance at December 31 | $ | 100\u00a0 | $ | \u2014\u00a0 | $ | 161\u00a0 |
| LONG-TERM RECEIVABLES | ||||||||
| December 31 | 2022 | 2021 | ||||||
| Long-term customer receivables(a) | $ | 535\u00a0 | $ | 521\u00a0 | ||||
| Financing receivables | 386\u00a0 | 592\u00a0 | ||||||
| Supplier advances | 277\u00a0 | 309\u00a0 | ||||||
| Non-income based tax receivables | 241\u00a0 | 245\u00a0 | ||||||
| Receivables from disposed businesses | 51\u00a0 | 150\u00a0 | ||||||
| Sundry receivables | 406\u00a0 | 440\u00a0 | ||||||
| Allowance for credit losses | (223) | (160) | ||||||
| Total long-term receivables | $ | 1,672\u00a0 | $ | 2,097\u00a0 |
| December 31 | 2022 | 2021 | ||||||
Raw materials and work in process | $ | 10,356\u00a0 | $ | 8,710\u00a0 | ||||
| Finished goods | 5,030\u00a0 | 4,927\u00a0 | ||||||
| Deferred inventory costs(a) | 2,017\u00a0 | 2,210\u00a0 | ||||||
| Inventories, including deferred inventory costs | $ | 17,403\u00a0 | $ | 15,847\u00a0 |
| December 31 | 2022 | 2021 | ||||||
Raw materials and work in process | $ | 10,356\u00a0 | $ | 8,710\u00a0 | ||||
| Finished goods | 5,030\u00a0 | 4,927\u00a0 | ||||||
| Deferred inventory costs(a) | 2,017\u00a0 | 2,210\u00a0 | ||||||
| Inventories, including deferred inventory costs | $ | 17,403\u00a0 | $ | 15,847\u00a0 |
| Depreciable lives | Original Cost | Net Carrying Value | ||||||||||||||||||
| December 31 | (in years) | 2022 | 2021 | 2022 | 2021 | |||||||||||||||
| Land and improvements | 8 | $ | 542\u00a0 | $ | 585\u00a0 | $ | 530\u00a0 | $ | 576\u00a0 | |||||||||||
| Buildings, structures and related equipment | 8 - 40 | 7,913\u00a0 | 8,311\u00a0 | 3,483\u00a0 | 3,728\u00a0 | |||||||||||||||
| Machinery and equipment | 4 - 20 | 21,119\u00a0 | 21,036\u00a0 | 6,913\u00a0 | 7,356\u00a0 | |||||||||||||||
| Leasehold costs and manufacturing plant under construction | 1 - 10 | 2,059\u00a0 | 1,971\u00a0 | 1,415\u00a0 | 1,343\u00a0 | |||||||||||||||
| 2,137\u00a0 | 2,606\u00a0 | |||||||||||||||||||
| Property, plant and equipment - net | $ | 31,633\u00a0 | $ | 31,904\u00a0 | $ | 14,478\u00a0 | $ | 15,609\u00a0 |
| OPERATING LEASE EXPENSE | 2022 | 2021 | 2020 | ||||||||
| Long-term (fixed) | $ | 755\u00a0 | $ | 770\u00a0 | $ | 827\u00a0 | |||||
| Long-term (variable) | 147\u00a0 | 119\u00a0 | 143\u00a0 | ||||||||
| Short-term | 153\u00a0 | 192\u00a0 | 206\u00a0 | ||||||||
| Total operating lease expense | $ | 1,055\u00a0 | $ | 1,081\u00a0 | $ | 1,176\u00a0 |
| MATURITY OF LEASE LIABILITIES | 2023 | 2024 | 2025 | 2026 | 2027 | Thereafter | Total | ||||||||||||||||
| Undiscounted lease payments | $ | 687\u00a0 | $ | 567\u00a0 | $ | 397\u00a0 | $ | 291\u00a0 | $ | 206\u00a0 | $ | 603\u00a0 | $ | 2,751\u00a0 | |||||||||
| Less: imputed interest | (357) | ||||||||||||||||||||||
Total lease liability as of December 31, 2022 | $ | 2,393\u00a0 |
| SUPPLEMENTAL INFORMATION RELATED TO OPERATING LEASES | 2022 | 2021 | 2020 | ||||||||
| Operating cash flows used for operating leases | $ | 790\u00a0 | $ | 834\u00a0 | $ | 835\u00a0 | |||||
| Right-of-use assets obtained in exchange for new lease liabilities | 526\u00a0 | 603\u00a0 | 594\u00a0 | ||||||||
| Weighted-average remaining lease term | 6.2 years | 7.2 years | 6.7 years | ||||||||
| Weighted-average discount rate | 3.8\u00a0 | % | 4.0\u00a0 | % | 4.6\u00a0 | % |
| Depreciable lives | Original Cost | Net Carrying Value | ||||||||||||||||||
| December 31 | (in years) | 2022 | 2021 | 2022 | 2021 | |||||||||||||||
| Land and improvements | 8 | $ | 542\u00a0 | $ | 585\u00a0 | $ | 530\u00a0 | $ | 576\u00a0 | |||||||||||
| Buildings, structures and related equipment | 8 - 40 | 7,913\u00a0 | 8,311\u00a0 | 3,483\u00a0 | 3,728\u00a0 | |||||||||||||||
| Machinery and equipment | 4 - 20 | 21,119\u00a0 | 21,036\u00a0 | 6,913\u00a0 | 7,356\u00a0 | |||||||||||||||
| Leasehold costs and manufacturing plant under construction | 1 - 10 | 2,059\u00a0 | 1,971\u00a0 | 1,415\u00a0 | 1,343\u00a0 | |||||||||||||||
| 2,137\u00a0 | 2,606\u00a0 | |||||||||||||||||||
| Property, plant and equipment - net | $ | 31,633\u00a0 | $ | 31,904\u00a0 | $ | 14,478\u00a0 | $ | 15,609\u00a0 |
| OPERATING LEASE EXPENSE | 2022 | 2021 | 2020 | ||||||||
| Long-term (fixed) | $ | 755\u00a0 | $ | 770\u00a0 | $ | 827\u00a0 | |||||
| Long-term (variable) | 147\u00a0 | 119\u00a0 | 143\u00a0 | ||||||||
| Short-term | 153\u00a0 | 192\u00a0 | 206\u00a0 | ||||||||
| Total operating lease expense | $ | 1,055\u00a0 | $ | 1,081\u00a0 | $ | 1,176\u00a0 |
| SUPPLEMENTAL INFORMATION RELATED TO OPERATING LEASES | 2022 | 2021 | 2020 | ||||||||
| Operating cash flows used for operating leases | $ | 790\u00a0 | $ | 834\u00a0 | $ | 835\u00a0 | |||||
| Right-of-use assets obtained in exchange for new lease liabilities | 526\u00a0 | 603\u00a0 | 594\u00a0 | ||||||||
| Weighted-average remaining lease term | 6.2 years | 7.2 years | 6.7 years | ||||||||
| Weighted-average discount rate | 3.8\u00a0 | % | 4.0\u00a0 | % | 4.6\u00a0 | % |
| MATURITY OF LEASE LIABILITIES | 2023 | 2024 | 2025 | 2026 | 2027 | Thereafter | Total | ||||||||||||||||
| Undiscounted lease payments | $ | 687\u00a0 | $ | 567\u00a0 | $ | 397\u00a0 | $ | 291\u00a0 | $ | 206\u00a0 | $ | 603\u00a0 | $ | 2,751\u00a0 | |||||||||
| Less: imputed interest | (357) | ||||||||||||||||||||||
Total lease liability as of December 31, 2022 | $ | 2,393\u00a0 |
| CHANGES IN GOODWILL BALANCES | ||||||||||||||||||||||||||
Balance at December 31, 2020 | Acquisitions | Currency exchange and other | Balance at December 31, 2021 | Dispositions | Currency exchange and other | Balance at December 31, 2022 | ||||||||||||||||||||
| Aerospace | $ | 9,247\u00a0 | $ | \u2014\u00a0 | $ | (234) | $ | 9,013\u00a0 | $ | (6) | $ | (171) | $ | 8,835\u00a0 | ||||||||||||
| Renewable Energy | 3,401\u00a0 | \u2014\u00a0 | (169) | 3,231\u00a0 | \u2014\u00a0 | (30) | 3,201\u00a0 | |||||||||||||||||||
| Power | 146\u00a0 | \u2014\u00a0 | (1) | 145\u00a0 | \u2014\u00a0 | (1) | 144\u00a0 | |||||||||||||||||||
| HealthCare | 11,855\u00a0 | 1,064\u00a0 | (40) | 12,879\u00a0 | \u2014\u00a0 | (80) | 12,799\u00a0 | |||||||||||||||||||
| Corporate(a) | 876\u00a0 | 43\u00a0 | (4) | 914\u00a0 | \u2014\u00a0 | (96) | 818\u00a0 | |||||||||||||||||||
| Total | $ | 25,524\u00a0 | $ | 1,106\u00a0 | $ | (448) | $ | 26,182\u00a0 | $ | (6) | $ | (378) | $ | 25,798\u00a0 |
| 2022 | 2021 | |||||||||||||||||||||||||
INTANGIBLE ASSETS SUBJECT TO AMORTIZATION December 31 | Useful lives (in years) | Gross carrying amount | Accumulated amortization | Net | Gross carrying amount | Accumulated amortization | Net | |||||||||||||||||||
| Customer-related(a) | 3-15 | $ | 6,063\u00a0 | $ | (3,475) | $ | 2,587\u00a0 | $ | 6,400\u00a0 | $ | (3,250) | $ | 3,150\u00a0 | |||||||||||||
| Patents and technology | 5-15 | 8,432\u00a0 | (5,018) | 3,415\u00a0 | 8,592\u00a0 | (4,361) | 4,230\u00a0 | |||||||||||||||||||
| Capitalized software | 3-10 | 5,288\u00a0 | (3,824) | 1,464\u00a0 | 5,764\u00a0 | (3,999) | 1,765\u00a0 | |||||||||||||||||||
| Trademarks & other | 2-50 | 419\u00a0 | (322) | 97\u00a0 | 449\u00a0 | (313) | 136\u00a0 | |||||||||||||||||||
| Total | $ | 20,202\u00a0 | $ | (12,639) | $ | 7,563\u00a0 | $ | 21,205\u00a0 | $ | (11,923) | $ | 9,282\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Aerospace | $ | 4,748\u00a0 | $ | 5,019\u00a0 | ||||
| Renewable Energy | 183\u00a0 | 229\u00a0 | ||||||
| Power | 958\u00a0 | 1,965\u00a0 | ||||||
| HealthCare | 1,520\u00a0 | 1,847\u00a0 | ||||||
| Corporate | 216\u00a0 | 271\u00a0 | ||||||
| Total other intangible assets, net(a) | $ | 7,625\u00a0 | $ | 9,330\u00a0 |
| ESTIMATED 5 YEAR CONSOLIDATED AMORTIZATION | 2023 | 2024 | 2025 | 2026 | 2027 | ||||||||||||
| Estimated annual pre-tax amortization | $ | 1,025\u00a0 | $ | 919\u00a0 | $ | 848\u00a0 | $ | 751\u00a0 | $ | 648\u00a0 |
| CHANGES IN GOODWILL BALANCES | ||||||||||||||||||||||||||
Balance at December 31, 2020 | Acquisitions | Currency exchange and other | Balance at December 31, 2021 | Dispositions | Currency exchange and other | Balance at December 31, 2022 | ||||||||||||||||||||
| Aerospace | $ | 9,247\u00a0 | $ | \u2014\u00a0 | $ | (234) | $ | 9,013\u00a0 | $ | (6) | $ | (171) | $ | 8,835\u00a0 | ||||||||||||
| Renewable Energy | 3,401\u00a0 | \u2014\u00a0 | (169) | 3,231\u00a0 | \u2014\u00a0 | (30) | 3,201\u00a0 | |||||||||||||||||||
| Power | 146\u00a0 | \u2014\u00a0 | (1) | 145\u00a0 | \u2014\u00a0 | (1) | 144\u00a0 | |||||||||||||||||||
| HealthCare | 11,855\u00a0 | 1,064\u00a0 | (40) | 12,879\u00a0 | \u2014\u00a0 | (80) | 12,799\u00a0 | |||||||||||||||||||
| Corporate(a) | 876\u00a0 | 43\u00a0 | (4) | 914\u00a0 | \u2014\u00a0 | (96) | 818\u00a0 | |||||||||||||||||||
| Total | $ | 25,524\u00a0 | $ | 1,106\u00a0 | $ | (448) | $ | 26,182\u00a0 | $ | (6) | $ | (378) | $ | 25,798\u00a0 |
| 2022 | 2021 | |||||||||||||||||||||||||
INTANGIBLE ASSETS SUBJECT TO AMORTIZATION December 31 | Useful lives (in years) | Gross carrying amount | Accumulated amortization | Net | Gross carrying amount | Accumulated amortization | Net | |||||||||||||||||||
| Customer-related(a) | 3-15 | $ | 6,063\u00a0 | $ | (3,475) | $ | 2,587\u00a0 | $ | 6,400\u00a0 | $ | (3,250) | $ | 3,150\u00a0 | |||||||||||||
| Patents and technology | 5-15 | 8,432\u00a0 | (5,018) | 3,415\u00a0 | 8,592\u00a0 | (4,361) | 4,230\u00a0 | |||||||||||||||||||
| Capitalized software | 3-10 | 5,288\u00a0 | (3,824) | 1,464\u00a0 | 5,764\u00a0 | (3,999) | 1,765\u00a0 | |||||||||||||||||||
| Trademarks & other | 2-50 | 419\u00a0 | (322) | 97\u00a0 | 449\u00a0 | (313) | 136\u00a0 | |||||||||||||||||||
| Total | $ | 20,202\u00a0 | $ | (12,639) | $ | 7,563\u00a0 | $ | 21,205\u00a0 | $ | (11,923) | $ | 9,282\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Aerospace | $ | 4,748\u00a0 | $ | 5,019\u00a0 | ||||
| Renewable Energy | 183\u00a0 | 229\u00a0 | ||||||
| Power | 958\u00a0 | 1,965\u00a0 | ||||||
| HealthCare | 1,520\u00a0 | 1,847\u00a0 | ||||||
| Corporate | 216\u00a0 | 271\u00a0 | ||||||
| Total other intangible assets, net(a) | $ | 7,625\u00a0 | $ | 9,330\u00a0 |
| ESTIMATED 5 YEAR CONSOLIDATED AMORTIZATION | 2023 | 2024 | 2025 | 2026 | 2027 | ||||||||||||
| Estimated annual pre-tax amortization | $ | 1,025\u00a0 | $ | 919\u00a0 | $ | 848\u00a0 | $ | 751\u00a0 | $ | 648\u00a0 |
December 31, 2022 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| Revenues in excess of billings | $ | 2,363\u00a0 | $ | \u2014\u00a0 | $ | 5,403\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,766\u00a0 | ||||||||
| Billings in excess of revenues | (6,681) | \u2014\u00a0 | (1,763) | \u2014\u00a0 | \u2014\u00a0 | (8,443) | ||||||||||||||
| Long-term service agreements | $ | (4,318) | $ | \u2014\u00a0 | $ | 3,640\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | (677) | ||||||||
| Short-term and other service agreements | 391\u00a0 | 108\u00a0 | 56\u00a0 | 174\u00a0 | 245\u00a0 | 973\u00a0 | ||||||||||||||
| Equipment contract revenues | 42\u00a0 | 955\u00a0 | 1,348\u00a0 | 447\u00a0 | \u2014\u00a0 | 2,792\u00a0 | ||||||||||||||
| Current contract assets | $ | (3,884) | $ | 1,063\u00a0 | $ | 5,044\u00a0 | $ | 621\u00a0 | $ | 245\u00a0 | $ | 3,088\u00a0 | ||||||||
| Nonrecurring engineering costs(a) | 2,513\u00a0 | 17\u00a0 | 4\u00a0 | 30\u00a0 | \u2014\u00a0 | 2,563\u00a0 | ||||||||||||||
| Customer advances and other(b) | 2,519\u00a0 | \u2014\u00a0 | 724\u00a0 | 204\u00a0 | \u2014\u00a0 | 3,447\u00a0 | ||||||||||||||
| Non-current contract and other deferred assets | $ | 5,032\u00a0 | $ | 17\u00a0 | $ | 728\u00a0 | $ | 234\u00a0 | $ | \u2014\u00a0 | $ | 6,010\u00a0 | ||||||||
| Total contract and other deferred assets | $ | 1,148\u00a0 | $ | 1,079\u00a0 | $ | 5,772\u00a0 | $ | 854\u00a0 | $ | 245\u00a0 | $ | 9,098\u00a0 |
December 31, 2021 | ||||||||||||||||||||
| Revenues in excess of billings | $ | 2,478\u00a0 | $ | \u2014\u00a0 | $ | 5,495\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,972\u00a0 | ||||||||
| Billings in excess of revenues | (5,731) | \u2014\u00a0 | (1,614) | \u2014\u00a0 | \u2014\u00a0 | (7,346) | ||||||||||||||
| Long-term service agreements | $ | (3,253) | $ | \u2014\u00a0 | $ | 3,880\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 627\u00a0 | ||||||||
| Short-term and other service agreements | 340\u00a0 | 87\u00a0 | 80\u00a0 | 166\u00a0 | 256\u00a0 | 928\u00a0 | ||||||||||||||
| Equipment contract revenues | 33\u00a0 | 1,297\u00a0 | 1,709\u00a0 | 287\u00a0 | \u2014\u00a0 | 3,326\u00a0 | ||||||||||||||
| Current contract assets | $ | (2,881) | $ | 1,384\u00a0 | $ | 5,669\u00a0 | $ | 453\u00a0 | $ | 256\u00a0 | $ | 4,881\u00a0 | ||||||||
| Nonrecurring engineering costs(a) | 2,479\u00a0 | 28\u00a0 | 12\u00a0 | 31\u00a0 | \u2014\u00a0 | 2,550\u00a0 | ||||||||||||||
| Customer advances and other(b) | 2,620\u00a0 | \u2014\u00a0 | 801\u00a0 | 154\u00a0 | \u2014\u00a0 | 3,574\u00a0 | ||||||||||||||
| Non-current contract and other deferred assets | $ | 5,099\u00a0 | $ | 28\u00a0 | $ | 813\u00a0 | $ | 184\u00a0 | $ | \u2014\u00a0 | $ | 6,124\u00a0 | ||||||||
| Total contract and other deferred assets | $ | 2,218\u00a0 | $ | 1,412\u00a0 | $ | 6,482\u00a0 | $ | 637\u00a0 | $ | 256\u00a0 | $ | 11,005\u00a0 |
December 31, 2022 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| Progress collections on equipment contracts | $ | 74\u00a0 | $ | 2,464\u00a0 | $ | 3,973\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 6,511\u00a0 | ||||||||
| Other progress collections | 5,740\u00a0 | 2,731\u00a0 | 541\u00a0 | 511\u00a0 | 131\u00a0 | 9,654\u00a0 | ||||||||||||||
| Current deferred income | 233\u00a0 | 208\u00a0 | 13\u00a0 | 1,391\u00a0 | 107\u00a0 | 1,952\u00a0 | ||||||||||||||
| Progress collections and deferred income | $ | 6,047\u00a0 | $ | 5,404\u00a0 | $ | 4,527\u00a0 | $ | 1,902\u00a0 | $ | 238\u00a0 | $ | 18,118\u00a0 | ||||||||
| Non-current deferred income | 1,110\u00a0 | 183\u00a0 | 104\u00a0 | 597\u00a0 | 12\u00a0 | 2,006\u00a0 | ||||||||||||||
| Total Progress collections and deferred income | $ | 7,157\u00a0 | $ | 5,586\u00a0 | $ | 4,632\u00a0 | $ | 2,499\u00a0 | $ | 250\u00a0 | $ | 20,124\u00a0 |
December 31, 2021 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| Progress collections on equipment contracts | $ | 142\u00a0 | $ | 1,843\u00a0 | $ | 5,198\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,183\u00a0 | ||||||||
| Other progress collections | 4,469\u00a0 | 2,866\u00a0 | 385\u00a0 | 522\u00a0 | 111\u00a0 | 8,354\u00a0 | ||||||||||||||
| Current deferred income | 170\u00a0 | 198\u00a0 | 33\u00a0 | 1,336\u00a0 | 99\u00a0 | 1,835\u00a0 | ||||||||||||||
| Progress collections and deferred income | $ | 4,782\u00a0 | $ | 4,907\u00a0 | $ | 5,615\u00a0 | $ | 1,858\u00a0 | $ | 210\u00a0 | $ | 17,372\u00a0 | ||||||||
| Non-current deferred income | 1,090\u00a0 | 194\u00a0 | 110\u00a0 | 592\u00a0 | 3\u00a0 | 1,989\u00a0 | ||||||||||||||
| Total Progress collections and deferred income | $ | 5,871\u00a0 | $ | 5,101\u00a0 | $ | 5,725\u00a0 | $ | 2,450\u00a0 | $ | 213\u00a0 | $ | 19,361\u00a0 |
December 31, 2022 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| Revenues in excess of billings | $ | 2,363\u00a0 | $ | \u2014\u00a0 | $ | 5,403\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,766\u00a0 | ||||||||
| Billings in excess of revenues | (6,681) | \u2014\u00a0 | (1,763) | \u2014\u00a0 | \u2014\u00a0 | (8,443) | ||||||||||||||
| Long-term service agreements | $ | (4,318) | $ | \u2014\u00a0 | $ | 3,640\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | (677) | ||||||||
| Short-term and other service agreements | 391\u00a0 | 108\u00a0 | 56\u00a0 | 174\u00a0 | 245\u00a0 | 973\u00a0 | ||||||||||||||
| Equipment contract revenues | 42\u00a0 | 955\u00a0 | 1,348\u00a0 | 447\u00a0 | \u2014\u00a0 | 2,792\u00a0 | ||||||||||||||
| Current contract assets | $ | (3,884) | $ | 1,063\u00a0 | $ | 5,044\u00a0 | $ | 621\u00a0 | $ | 245\u00a0 | $ | 3,088\u00a0 | ||||||||
| Nonrecurring engineering costs(a) | 2,513\u00a0 | 17\u00a0 | 4\u00a0 | 30\u00a0 | \u2014\u00a0 | 2,563\u00a0 | ||||||||||||||
| Customer advances and other(b) | 2,519\u00a0 | \u2014\u00a0 | 724\u00a0 | 204\u00a0 | \u2014\u00a0 | 3,447\u00a0 | ||||||||||||||
| Non-current contract and other deferred assets | $ | 5,032\u00a0 | $ | 17\u00a0 | $ | 728\u00a0 | $ | 234\u00a0 | $ | \u2014\u00a0 | $ | 6,010\u00a0 | ||||||||
| Total contract and other deferred assets | $ | 1,148\u00a0 | $ | 1,079\u00a0 | $ | 5,772\u00a0 | $ | 854\u00a0 | $ | 245\u00a0 | $ | 9,098\u00a0 |
December 31, 2021 | ||||||||||||||||||||
| Revenues in excess of billings | $ | 2,478\u00a0 | $ | \u2014\u00a0 | $ | 5,495\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,972\u00a0 | ||||||||
| Billings in excess of revenues | (5,731) | \u2014\u00a0 | (1,614) | \u2014\u00a0 | \u2014\u00a0 | (7,346) | ||||||||||||||
| Long-term service agreements | $ | (3,253) | $ | \u2014\u00a0 | $ | 3,880\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 627\u00a0 | ||||||||
| Short-term and other service agreements | 340\u00a0 | 87\u00a0 | 80\u00a0 | 166\u00a0 | 256\u00a0 | 928\u00a0 | ||||||||||||||
| Equipment contract revenues | 33\u00a0 | 1,297\u00a0 | 1,709\u00a0 | 287\u00a0 | \u2014\u00a0 | 3,326\u00a0 | ||||||||||||||
| Current contract assets | $ | (2,881) | $ | 1,384\u00a0 | $ | 5,669\u00a0 | $ | 453\u00a0 | $ | 256\u00a0 | $ | 4,881\u00a0 | ||||||||
| Nonrecurring engineering costs(a) | 2,479\u00a0 | 28\u00a0 | 12\u00a0 | 31\u00a0 | \u2014\u00a0 | 2,550\u00a0 | ||||||||||||||
| Customer advances and other(b) | 2,620\u00a0 | \u2014\u00a0 | 801\u00a0 | 154\u00a0 | \u2014\u00a0 | 3,574\u00a0 | ||||||||||||||
| Non-current contract and other deferred assets | $ | 5,099\u00a0 | $ | 28\u00a0 | $ | 813\u00a0 | $ | 184\u00a0 | $ | \u2014\u00a0 | $ | 6,124\u00a0 | ||||||||
| Total contract and other deferred assets | $ | 2,218\u00a0 | $ | 1,412\u00a0 | $ | 6,482\u00a0 | $ | 637\u00a0 | $ | 256\u00a0 | $ | 11,005\u00a0 |
December 31, 2022 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| Progress collections on equipment contracts | $ | 74\u00a0 | $ | 2,464\u00a0 | $ | 3,973\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 6,511\u00a0 | ||||||||
| Other progress collections | 5,740\u00a0 | 2,731\u00a0 | 541\u00a0 | 511\u00a0 | 131\u00a0 | 9,654\u00a0 | ||||||||||||||
| Current deferred income | 233\u00a0 | 208\u00a0 | 13\u00a0 | 1,391\u00a0 | 107\u00a0 | 1,952\u00a0 | ||||||||||||||
| Progress collections and deferred income | $ | 6,047\u00a0 | $ | 5,404\u00a0 | $ | 4,527\u00a0 | $ | 1,902\u00a0 | $ | 238\u00a0 | $ | 18,118\u00a0 | ||||||||
| Non-current deferred income | 1,110\u00a0 | 183\u00a0 | 104\u00a0 | 597\u00a0 | 12\u00a0 | 2,006\u00a0 | ||||||||||||||
| Total Progress collections and deferred income | $ | 7,157\u00a0 | $ | 5,586\u00a0 | $ | 4,632\u00a0 | $ | 2,499\u00a0 | $ | 250\u00a0 | $ | 20,124\u00a0 |
December 31, 2021 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| Progress collections on equipment contracts | $ | 142\u00a0 | $ | 1,843\u00a0 | $ | 5,198\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 7,183\u00a0 | ||||||||
| Other progress collections | 4,469\u00a0 | 2,866\u00a0 | 385\u00a0 | 522\u00a0 | 111\u00a0 | 8,354\u00a0 | ||||||||||||||
| Current deferred income | 170\u00a0 | 198\u00a0 | 33\u00a0 | 1,336\u00a0 | 99\u00a0 | 1,835\u00a0 | ||||||||||||||
| Progress collections and deferred income | $ | 4,782\u00a0 | $ | 4,907\u00a0 | $ | 5,615\u00a0 | $ | 1,858\u00a0 | $ | 210\u00a0 | $ | 17,372\u00a0 | ||||||||
| Non-current deferred income | 1,090\u00a0 | 194\u00a0 | 110\u00a0 | 592\u00a0 | 3\u00a0 | 1,989\u00a0 | ||||||||||||||
| Total Progress collections and deferred income | $ | 5,871\u00a0 | $ | 5,101\u00a0 | $ | 5,725\u00a0 | $ | 2,450\u00a0 | $ | 213\u00a0 | $ | 19,361\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Derivative instruments (Note 22) | $ | 482\u00a0 | $ | 684\u00a0 | ||||
| Assets held for sale | 95\u00a0 | 208\u00a0 | ||||||
| Prepaid taxes and deferred charges | 395\u00a0 | 341\u00a0 | ||||||
| Cash collateral on derivatives | \u2014\u00a0 | 76\u00a0 | ||||||
| Accrued interest and investment income | 457\u00a0 | 426\u00a0 | ||||||
| Other | 93\u00a0 | 199\u00a0 | ||||||
| All other current assets | $ | 1,521\u00a0 | $ | 1,933\u00a0 | ||||
| Equity method and other investments | 8,554\u00a0 | 7,840\u00a0 | ||||||
| Long-term receivables (Note 4) | 1,672\u00a0 | 2,097\u00a0 | ||||||
| Prepaid taxes and deferred charges | 670\u00a0 | 800\u00a0 | ||||||
| Insurance receivables | 2,315\u00a0 | 4,705\u00a0 | ||||||
| Insurance cash and cash equivalents(a) | 619\u00a0 | 353\u00a0 | ||||||
| Pension surplus | 2,578\u00a0 | 2,784\u00a0 | ||||||
| Other | 591\u00a0 | 461\u00a0 | ||||||
| All other non-current assets | $ | 16,998\u00a0 | $ | 19,040\u00a0 | ||||
| Total All other assets | $ | 18,520\u00a0 | $ | 20,973\u00a0 |
| Equity method investment balance | Equity method income (loss) | |||||||||||||||||||
| December 31 | 2022 | 2021 | 2022 | 2021 | 2020 | |||||||||||||||
| Aerospace | $ | 1,931\u00a0 | $ | 2,000\u00a0 | $ | 149\u00a0 | $ | 58\u00a0 | $ | (41) | ||||||||||
| Renewable Energy | 752\u00a0 | 739\u00a0 | 32\u00a0 | 39\u00a0 | 13\u00a0 | |||||||||||||||
| Power | 960\u00a0 | 977\u00a0 | 89\u00a0 | 23\u00a0 | 43\u00a0 | |||||||||||||||
| HealthCare | 182\u00a0 | 223\u00a0 | 13\u00a0 | 27\u00a0 | 7\u00a0 | |||||||||||||||
| Corporate(a) | 3,991\u00a0 | 3,451\u00a0 | 103\u00a0 | 68\u00a0 | 23\u00a0 | |||||||||||||||
| Total consolidated | $ | 7,815\u00a0 | $ | 7,391\u00a0 | $ | 386\u00a0 | $ | 215\u00a0 | $ | 46\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Derivative instruments (Note 22) | $ | 482\u00a0 | $ | 684\u00a0 | ||||
| Assets held for sale | 95\u00a0 | 208\u00a0 | ||||||
| Prepaid taxes and deferred charges | 395\u00a0 | 341\u00a0 | ||||||
| Cash collateral on derivatives | \u2014\u00a0 | 76\u00a0 | ||||||
| Accrued interest and investment income | 457\u00a0 | 426\u00a0 | ||||||
| Other | 93\u00a0 | 199\u00a0 | ||||||
| All other current assets | $ | 1,521\u00a0 | $ | 1,933\u00a0 | ||||
| Equity method and other investments | 8,554\u00a0 | 7,840\u00a0 | ||||||
| Long-term receivables (Note 4) | 1,672\u00a0 | 2,097\u00a0 | ||||||
| Prepaid taxes and deferred charges | 670\u00a0 | 800\u00a0 | ||||||
| Insurance receivables | 2,315\u00a0 | 4,705\u00a0 | ||||||
| Insurance cash and cash equivalents(a) | 619\u00a0 | 353\u00a0 | ||||||
| Pension surplus | 2,578\u00a0 | 2,784\u00a0 | ||||||
| Other | 591\u00a0 | 461\u00a0 | ||||||
| All other non-current assets | $ | 16,998\u00a0 | $ | 19,040\u00a0 | ||||
| Total All other assets | $ | 18,520\u00a0 | $ | 20,973\u00a0 |
| Equity method investment balance | Equity method income (loss) | |||||||||||||||||||
| December 31 | 2022 | 2021 | 2022 | 2021 | 2020 | |||||||||||||||
| Aerospace | $ | 1,931\u00a0 | $ | 2,000\u00a0 | $ | 149\u00a0 | $ | 58\u00a0 | $ | (41) | ||||||||||
| Renewable Energy | 752\u00a0 | 739\u00a0 | 32\u00a0 | 39\u00a0 | 13\u00a0 | |||||||||||||||
| Power | 960\u00a0 | 977\u00a0 | 89\u00a0 | 23\u00a0 | 43\u00a0 | |||||||||||||||
| HealthCare | 182\u00a0 | 223\u00a0 | 13\u00a0 | 27\u00a0 | 7\u00a0 | |||||||||||||||
| Corporate(a) | 3,991\u00a0 | 3,451\u00a0 | 103\u00a0 | 68\u00a0 | 23\u00a0 | |||||||||||||||
| Total consolidated | $ | 7,815\u00a0 | $ | 7,391\u00a0 | $ | 386\u00a0 | $ | 215\u00a0 | $ | 46\u00a0 |
| December 31 | 2022 | 2021 | |||||||||||||||
| Amount | Average Rate | Amount | Average Rate | ||||||||||||||
| Current portion of long-term borrowings | |||||||||||||||||
| \u00a0\u00a0\u00a0Senior notes issued by GE | $ | 473\u00a0 | 1.04\u00a0 | % | $ | 1,249\u00a0 | 1.39\u00a0 | % | |||||||||
| \u00a0\u00a0\u00a0Senior and subordinated notes assumed by GE | 1,973\u00a0 | 1.50\u00a0 | 1,645\u00a0 | 2.05\u00a0 | |||||||||||||
| \u00a0\u00a0\u00a0Senior notes issued by GE Capital | 1,188\u00a0 | 1.54\u00a0 | 1,370\u00a0 | 0.63\u00a0 | |||||||||||||
| Other | 124\u00a0 | 97\u00a0 | |||||||||||||||
| Total short-term borrowings | $ | 3,757\u00a0 | $ | 4,361\u00a0 | |||||||||||||
| Maturities | Amount | Average Rate | Amount | Average Rate | |||||||||||||
| Senior notes issued by GE | 2024-2052 | $ | 12,927\u00a0 | 4.75\u00a0 | % | $ | 5,373\u00a0 | 2.87\u00a0 | % | ||||||||
| Senior and subordinated notes assumed by GE | 2024-2054 | 8,406\u00a0 | 4.71\u00a0 | 11,306\u00a0 | 3.73\u00a0 | ||||||||||||
| Senior notes issued by GE Capital | 2024-2042 | 6,289\u00a0 | 3.95\u00a0 | 13,274\u00a0 | 4.26\u00a0 | ||||||||||||
| Other | 971\u00a0 | 870\u00a0 | |||||||||||||||
| Total long-term borrowings | $ | 28,593\u00a0 | $ | 30,824\u00a0 | |||||||||||||
| Total borrowings | $ | 32,350\u00a0 | $ | 35,186\u00a0 |
| 2023 | 2024 | 2025 | 2026 | 2027 | ||||||||||||||||
| Debt issued by GE | $ | 473\u00a0 | $ | 1,217\u00a0 | $ | 2,357\u00a0 | $ | 49\u00a0 | $ | 2,450\u00a0 | ||||||||||
| Debt assumed by GE | 1,973\u00a0 | 512\u00a0 | 237\u00a0 | 1,136\u00a0 | 222\u00a0 | |||||||||||||||
| Debt issued by GE Capital | 1,188\u00a0 | (a) | 112\u00a0 | 694\u00a0 | 149\u00a0 | 624\u00a0 |
| December 31 | 2022 | 2021 | |||||||||||||||
| Amount | Average Rate | Amount | Average Rate | ||||||||||||||
| Current portion of long-term borrowings | |||||||||||||||||
| \u00a0\u00a0\u00a0Senior notes issued by GE | $ | 473\u00a0 | 1.04\u00a0 | % | $ | 1,249\u00a0 | 1.39\u00a0 | % | |||||||||
| \u00a0\u00a0\u00a0Senior and subordinated notes assumed by GE | 1,973\u00a0 | 1.50\u00a0 | 1,645\u00a0 | 2.05\u00a0 | |||||||||||||
| \u00a0\u00a0\u00a0Senior notes issued by GE Capital | 1,188\u00a0 | 1.54\u00a0 | 1,370\u00a0 | 0.63\u00a0 | |||||||||||||
| Other | 124\u00a0 | 97\u00a0 | |||||||||||||||
| Total short-term borrowings | $ | 3,757\u00a0 | $ | 4,361\u00a0 | |||||||||||||
| Maturities | Amount | Average Rate | Amount | Average Rate | |||||||||||||
| Senior notes issued by GE | 2024-2052 | $ | 12,927\u00a0 | 4.75\u00a0 | % | $ | 5,373\u00a0 | 2.87\u00a0 | % | ||||||||
| Senior and subordinated notes assumed by GE | 2024-2054 | 8,406\u00a0 | 4.71\u00a0 | 11,306\u00a0 | 3.73\u00a0 | ||||||||||||
| Senior notes issued by GE Capital | 2024-2042 | 6,289\u00a0 | 3.95\u00a0 | 13,274\u00a0 | 4.26\u00a0 | ||||||||||||
| Other | 971\u00a0 | 870\u00a0 | |||||||||||||||
| Total long-term borrowings | $ | 28,593\u00a0 | $ | 30,824\u00a0 | |||||||||||||
| Total borrowings | $ | 32,350\u00a0 | $ | 35,186\u00a0 |
| 2023 | 2024 | 2025 | 2026 | 2027 | ||||||||||||||||
| Debt issued by GE | $ | 473\u00a0 | $ | 1,217\u00a0 | $ | 2,357\u00a0 | $ | 49\u00a0 | $ | 2,450\u00a0 | ||||||||||
| Debt assumed by GE | 1,973\u00a0 | 512\u00a0 | 237\u00a0 | 1,136\u00a0 | 222\u00a0 | |||||||||||||||
| Debt issued by GE Capital | 1,188\u00a0 | (a) | 112\u00a0 | 694\u00a0 | 149\u00a0 | 624\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Trade payables | $ | 12,479\u00a0 | $ | 10,970\u00a0 | ||||
| Supply chain finance programs | 4,081\u00a0 | 3,402\u00a0 | ||||||
| Equipment project payables(a) | 1,469\u00a0 | 1,341\u00a0 | ||||||
| Non-income based tax payables | 616\u00a0 | 531\u00a0 | ||||||
| Accounts payable and equipment project payables | $ | 18,644\u00a0 | $ | 16,243\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Trade payables | $ | 12,479\u00a0 | $ | 10,970\u00a0 | ||||
| Supply chain finance programs | 4,081\u00a0 | 3,402\u00a0 | ||||||
| Equipment project payables(a) | 1,469\u00a0 | 1,341\u00a0 | ||||||
| Non-income based tax payables | 616\u00a0 | 531\u00a0 | ||||||
| Accounts payable and equipment project payables | $ | 18,644\u00a0 | $ | 16,243\u00a0 |
December 31, 2022 | Long-term care | Structured settlement annuities & life | Other contracts | Other adjustments(a) | Total | ||||||||||||
Future policy benefit reserves | $ | 17,357\u00a0 | $ | 8,678\u00a0 | $ | 187\u00a0 | $ | \u2014\u00a0 | $ | 26,223\u00a0 | |||||||
Claim reserves | 4,596\u00a0 | 254\u00a0 | 307\u00a0 | \u2014\u00a0 | 5,156\u00a0 | ||||||||||||
Investment contracts | \u2014\u00a0 | 864\u00a0 | 907\u00a0 | \u2014\u00a0 | 1,771\u00a0 | ||||||||||||
Unearned premiums and other | 18\u00a0 | 174\u00a0 | 5\u00a0 | \u2014\u00a0 | 197\u00a0 | ||||||||||||
Total | $ | 21,971\u00a0 | $ | 9,970\u00a0 | $ | 1,406\u00a0 | $ | \u2014\u00a0 | $ | 33,347\u00a0 |
December 31, 2021 | |||||||||||||||||
Future policy benefit reserves | $ | 17,097\u00a0 | $ | 8,902\u00a0 | $ | 188\u00a0 | $ | 3,394\u00a0 | $ | 29,581\u00a0 | |||||||
Claim reserves(b) | 4,546\u00a0 | 258\u00a0 | 585\u00a0 | \u2014\u00a0 | 5,389\u00a0 | ||||||||||||
Investment contracts | \u2014\u00a0 | 955\u00a0 | 954\u00a0 | \u2014\u00a0 | 1,909\u00a0 | ||||||||||||
Unearned premiums and other | 15\u00a0 | 184\u00a0 | 89\u00a0 | \u2014\u00a0 | 287\u00a0 | ||||||||||||
Total | $ | 21,658\u00a0 | $ | 10,299\u00a0 | $ | 1,815\u00a0 | $ | 3,394\u00a0 | $ | 37,166\u00a0 |
December 31, 2022 | Long-term care | Structured settlement annuities & life | Other contracts | Other adjustments(a) | Total | ||||||||||||
Future policy benefit reserves | $ | 17,357\u00a0 | $ | 8,678\u00a0 | $ | 187\u00a0 | $ | \u2014\u00a0 | $ | 26,223\u00a0 | |||||||
Claim reserves | 4,596\u00a0 | 254\u00a0 | 307\u00a0 | \u2014\u00a0 | 5,156\u00a0 | ||||||||||||
Investment contracts | \u2014\u00a0 | 864\u00a0 | 907\u00a0 | \u2014\u00a0 | 1,771\u00a0 | ||||||||||||
Unearned premiums and other | 18\u00a0 | 174\u00a0 | 5\u00a0 | \u2014\u00a0 | 197\u00a0 | ||||||||||||
Total | $ | 21,971\u00a0 | $ | 9,970\u00a0 | $ | 1,406\u00a0 | $ | \u2014\u00a0 | $ | 33,347\u00a0 |
December 31, 2021 | |||||||||||||||||
Future policy benefit reserves | $ | 17,097\u00a0 | $ | 8,902\u00a0 | $ | 188\u00a0 | $ | 3,394\u00a0 | $ | 29,581\u00a0 | |||||||
Claim reserves(b) | 4,546\u00a0 | 258\u00a0 | 585\u00a0 | \u2014\u00a0 | 5,389\u00a0 | ||||||||||||
Investment contracts | \u2014\u00a0 | 955\u00a0 | 954\u00a0 | \u2014\u00a0 | 1,909\u00a0 | ||||||||||||
Unearned premiums and other | 15\u00a0 | 184\u00a0 | 89\u00a0 | \u2014\u00a0 | 287\u00a0 | ||||||||||||
Total | $ | 21,658\u00a0 | $ | 10,299\u00a0 | $ | 1,815\u00a0 | $ | 3,394\u00a0 | $ | 37,166\u00a0 |
| DESCRIPTION OF OUR PLANS | ||||||||||||||
| Plan Category | Participants | Funding | Comments | |||||||||||
| Principal Pension Plans | GE Pension Plan | Covers U.S. participants ~177,000 retirees and beneficiaries, ~82,500 vested former employees and ~23,000 active employees | Our funding policy is to contribute amounts sufficient to meet minimum funding requirements under employee benefit and tax laws. We may decide to contribute additional amounts beyond this level. | This plan has been closed to new participants since 2012. Benefits for ~20,000 employees with salaried benefits were frozen effective January 1, 2021, and thereafter these employees receive increased company contributions in the company sponsored defined contribution plan in lieu of participation in a defined benefit plan (announced October 2019). | ||||||||||
| GE Supplementary Pension Plan | Provides supplementary benefits to higher-level, longer-service U.S. employees | This plan is unfunded. We pay benefits from company cash. | The annuity benefit has been closed to new participants since 2011 and has been replaced by an installment benefit (which was closed to new executives after 2020). Benefits for ~700 employees who became executives before 2011 were frozen effective January 1, 2021, and thereafter these employees accrue the installment benefit. | |||||||||||
Other Pension Plans(a) | 41 U.S. and non-U.S. pension plans with pension assets or obligations that have reached $50 million | Covers ~58,000 retirees and beneficiaries, ~48,500 vested former employees and ~14,000 active employees | Our funding policy is to contribute amounts sufficient to meet minimum funding requirements under employee benefit and tax laws in each country. We may decide to contribute additional amounts beyond this level. We pay benefits for some plans from company cash. | In certain countries, benefit accruals have ceased and/or have been closed to new hires as of various dates. | ||||||||||
| Principal Retiree Benefit Plans | Provides health and life insurance benefits to certain eligible participants | Covers U.S. participants ~151,500 retirees and dependents and ~21,500 active employees | We fund retiree health benefits on a pay-as-you-go basis and the retiree life insurance trust at our discretion. | Participants share in the cost of the healthcare benefits. |
| FUNDING STATUS BY PLAN TYPE | Benefit Obligation | Fair Value of Assets | Deficit/(Surplus) | |||||||||||||||||||||||
| 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | |||||||||||||||||||||
| Principal Pension Plans: | ||||||||||||||||||||||||||
| GE Pension Plan (subject to regulatory funding) | $ | 48,134\u00a0 | $ | 65,073\u00a0 | $ | 44,993\u00a0 | $ | 60,990\u00a0 | $ | 3,141\u00a0 | $ | 4,083\u00a0 | ||||||||||||||
| GE Supplementary Pension Plan (not subject to regulatory funding) | 5,457\u00a0 | 7,226\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 5,457\u00a0 | 7,226\u00a0 | ||||||||||||||||||||
| \u00a0\u00a0\u00a0\u00a0 | 53,591\u00a0 | 72,299\u00a0 | 44,993\u00a0 | 60,990\u00a0 | 8,598\u00a0 | 11,309\u00a0 | ||||||||||||||||||||
| Other Pension Plans: | ||||||||||||||||||||||||||
| Subject to regulatory funding | 12,078\u00a0 | 19,698\u00a0 | 14,512\u00a0 | 22,280\u00a0 | (2,434) | (2,582) | ||||||||||||||||||||
| Not subject to regulatory funding | 1,838\u00a0 | 2,558\u00a0 | 151\u00a0 | 210\u00a0 | 1,687\u00a0 | 2,348\u00a0 | ||||||||||||||||||||
| Principal retiree benefit plans (not subject to regulatory funding) | 3,304\u00a0 | 4,308\u00a0 | 10\u00a0 | 42\u00a0 | 3,294\u00a0 | 4,266\u00a0 | ||||||||||||||||||||
| Total plans subject to regulatory funding | 60,212\u00a0 | 84,771\u00a0 | 59,505\u00a0 | 83,270\u00a0 | 707\u00a0 | 1,501\u00a0 | ||||||||||||||||||||
| Total plans not subject to regulatory funding | 10,599\u00a0 | 14,092\u00a0 | 161\u00a0 | 252\u00a0 | 10,438\u00a0 | 13,840\u00a0 | ||||||||||||||||||||
| Total plans | $ | 70,811\u00a0 | $ | 98,863\u00a0 | $ | 59,666\u00a0 | $ | 83,522\u00a0 | $ | 11,145\u00a0 | $ | 15,341\u00a0 |
| COST OF OUR BENEFITS PLANS | 2022 | 2021 | 2020 | ||||||||||||||||||||||||||||||||
| AND ASSUMPTIONS | Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | ||||||||||||||||||||||||||
| Components of expense (income) | |||||||||||||||||||||||||||||||||||
| Service cost - operating | $ | 221\u00a0 | $ | 86\u00a0 | $ | 39\u00a0 | $ | 237\u00a0 | $ | 233\u00a0 | $ | 44\u00a0 | $ | 657\u00a0 | $ | 243\u00a0 | $ | 59\u00a0 | |||||||||||||||||
| Interest cost | 2,069\u00a0 | 398\u00a0 | 108\u00a0 | 1,951\u00a0 | 383\u00a0 | 103\u00a0 | 2,350\u00a0 | 422\u00a0 | 150\u00a0 | ||||||||||||||||||||||||||
| Expected return on plan assets | (3,142) | (967) | \u2014\u00a0 | (3,049) | (1,194) | \u2014\u00a0 | (2,993) | (1,082) | (11) | ||||||||||||||||||||||||||
| Amortization of net loss (gain) | 1,422\u00a0 | 101\u00a0 | (115) | 3,483\u00a0 | 403\u00a0 | (79) | 3,399\u00a0 | 434\u00a0 | (82) | ||||||||||||||||||||||||||
| Amortization of prior service cost (credit) | 5\u00a0 | (8) | (235) | 28\u00a0 | (3) | (236) | 146\u00a0 | 1\u00a0 | (234) | ||||||||||||||||||||||||||
| Curtailment / settlement loss (gain) | \u2014\u00a0 | (6) | \u2014\u00a0 | \u2014\u00a0 | 76\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 12\u00a0 | \u2014\u00a0 | ||||||||||||||||||||||||||
| Non-operating | $ | 354\u00a0 | $ | (482) | $ | (242) | $ | 2,413\u00a0 | $ | (335) | $ | (212) | $ | 2,902\u00a0 | $ | (213) | $ | (177) | |||||||||||||||||
| Net periodic expense (income) | $ | 575\u00a0 | $ | (396) | $ | (203) | $ | 2,650\u00a0 | $ | (102) | $ | (168) | $ | 3,559\u00a0 | $ | 30\u00a0 | $ | (118) | |||||||||||||||||
| Weighted-average benefit obligations assumptions | |||||||||||||||||||||||||||||||||||
| Discount rate | 5.53\u00a0 | % | 4.59\u00a0 | % | 5.43\u00a0 | % | 2.94\u00a0 | % | 1.93\u00a0 | % | 2.64\u00a0 | % | 2.61\u00a0 | % | 1.44\u00a0 | % | 2.15\u00a0 | % | |||||||||||||||||
| Compensation increases | 3.07\u00a0 | 2.44\u00a0 | 3.12\u00a0 | 3.05\u00a0 | 2.35\u00a0 | 2.63\u00a0 | 2.95\u00a0 | 3.06\u00a0 | 2.82\u00a0 | ||||||||||||||||||||||||||
| Initial healthcare trend rate(a) | N/A | N/A | 6.40\u00a0 | N/A | N/A | 5.70\u00a0 | N/A | N/A | 5.90\u00a0 | ||||||||||||||||||||||||||
| Weighted-average benefit cost assumptions | |||||||||||||||||||||||||||||||||||
| Discount rate | 2.94\u00a0 | 1.93\u00a0 | 2.64\u00a0 | 2.61\u00a0 | 1.44\u00a0 | 2.15\u00a0 | 3.36\u00a0 | 1.97\u00a0 | 3.05\u00a0 | ||||||||||||||||||||||||||
| Expected rate of return on plan assets | 6.00\u00a0 | 4.80\u00a0 | \u2014 | 6.25\u00a0 | 5.69\u00a0 | 1.25\u00a0 | 6.25\u00a0 | 6.10\u00a0 | 7.00\u00a0 |
| PLAN FUNDED STATUS AND AMOUNTS RECORDED IN ACCUMULATED OTHER COMPREHENSIVE LOSS (INCOME) | ||||||||||||||||||||||||||||||||||||||
| 2022 | 2021 | |||||||||||||||||||||||||||||||||||||
| Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | |||||||||||||||||||||||||||||||||
| Change in benefit obligations | ||||||||||||||||||||||||||||||||||||||
| Balance at January 1 | $ | 72,299\u00a0 | $ | 22,256\u00a0 | $ | 4,308\u00a0 | $ | 76,298\u00a0 | $ | 24,658\u00a0 | $ | 5,019\u00a0 | ||||||||||||||||||||||||||
| Service cost | 221\u00a0 | 86\u00a0 | 39\u00a0 | 237\u00a0 | 233\u00a0 | 44\u00a0 | ||||||||||||||||||||||||||||||||
| Interest cost | 2,069\u00a0 | 398\u00a0 | 108\u00a0 | 1,951\u00a0 | 383\u00a0 | 103\u00a0 | ||||||||||||||||||||||||||||||||
| Participant contributions | 14\u00a0 | 19\u00a0 | 54\u00a0 | 15\u00a0 | 24\u00a0 | 60\u00a0 | ||||||||||||||||||||||||||||||||
| Plan amendments | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (1) | \u2014\u00a0 | ||||||||||||||||||||||||||||||||
| Actuarial loss (gain) - net | (17,281) | (a) | (6,282) | (a) | (778) | (a) | (2,448) | (a) | (1,561) | (a) | (446) | |||||||||||||||||||||||||||
| Benefits paid | (3,731) | (920) | (438) | (3,754) | (998) | (472) | \u00a0\u00a0 | |||||||||||||||||||||||||||||||
| Curtailments | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (74) | \u2014\u00a0 | ||||||||||||||||||||||||||||||||
| Dispositions/acquisitions/other - net | \u2014\u00a0 | \u2014\u00a0 | 11\u00a0 | \u2014\u00a0 | (188) | \u2014\u00a0 | \u00a0\u00a0 | |||||||||||||||||||||||||||||||
| Exchange rate adjustments | \u2014\u00a0 | (1,641) | \u2014\u00a0 | \u2014\u00a0 | (220) | \u2014\u00a0 | \u00a0\u00a0 | |||||||||||||||||||||||||||||||
| Balance at December 31 | $ | 53,591\u00a0 | (b) | $ | 13,916\u00a0 | $ | 3,304\u00a0 | (c) | $ | 72,299\u00a0 | (b) | $ | 22,256\u00a0 | $ | 4,308\u00a0 | (c) | ||||||||||||||||||||||
| Change in plan assets | ||||||||||||||||||||||||||||||||||||||
| Balance at January 1 | $ | 60,990\u00a0 | $ | 22,490\u00a0 | $ | 42\u00a0 | $ | 58,843\u00a0 | $ | 21,506\u00a0 | $ | 134\u00a0 | ||||||||||||||||||||||||||
| Actual gain (loss) on plan assets | (12,605) | (5,334) | \u2014\u00a0 | 5,559\u00a0 | 1,602\u00a0 | 41\u00a0 | ||||||||||||||||||||||||||||||||
| Employer contributions | 325\u00a0 | 209\u00a0 | 352\u00a0 | 327\u00a0 | 594\u00a0 | 279\u00a0 | ||||||||||||||||||||||||||||||||
| Participant contributions | 14\u00a0 | 19\u00a0 | 54\u00a0 | 15\u00a0 | 24\u00a0 | 60\u00a0 | ||||||||||||||||||||||||||||||||
| Benefits paid | (3,731) | (920) | (438) | (3,754) | (998) | (472) | ||||||||||||||||||||||||||||||||
| Dispositions/acquisitions/other - net | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (138) | \u2014\u00a0 | ||||||||||||||||||||||||||||||||
| Exchange rate adjustments | \u2014\u00a0 | (1,801) | \u2014\u00a0 | \u2014\u00a0 | (100) | \u2014\u00a0 | ||||||||||||||||||||||||||||||||
| Balance at December 31 | $ | 44,993\u00a0 | $ | 14,663\u00a0 | $ | 10\u00a0 | $ | 60,990\u00a0 | $ | 22,490\u00a0 | $ | 42\u00a0 | ||||||||||||||||||||||||||
| Funded status - surplus (deficit) | $ | (8,598) | $ | 747\u00a0 | $ | (3,294) | $ | (11,309) | $ | 234\u00a0 | $ | (4,266) | ||||||||||||||||||||||||||
| Amounts recorded in Statement of Financial Position | ||||||||||||||||||||||||||||||||||||||
| Non-current assets - other | $ | \u2014\u00a0 | $ | 2,591\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 2,898\u00a0 | $ | \u2014\u00a0 | ||||||||||||||||||||||||||
| Current liabilities - other | (351) | (101) | (355) | (337) | (107) | (362) | ||||||||||||||||||||||||||||||||
| Non-current liabilities - compensation and benefits | (8,247) | (1,743) | (2,939) | (10,972) | (2,557) | (3,904) | ||||||||||||||||||||||||||||||||
| Net amount recorded | $ | (8,598) | $ | 747\u00a0 | $ | (3,294) | $ | (11,309) | $ | 234\u00a0 | $ | (4,266) | ||||||||||||||||||||||||||
| Amounts recorded in Accumulated other comprehensive loss (income) | ||||||||||||||||||||||||||||||||||||||
| Prior service cost (credit) | $ | (113) | $ | (42) | $ | (1,677) | $ | (109) | $ | (52) | $ | (1,912) | ||||||||||||||||||||||||||
| Net loss (gain) | (5,710) | 1,787 | (1,705) | (2,754) | 2,012\u00a0 | (1,042) | ||||||||||||||||||||||||||||||||
| Total recorded in Accumulated other comprehensive loss (income) | $ | (5,823) | $ | 1,745\u00a0 | $ | (3,382) | $ | (2,863) | $ | 1,960\u00a0 | $ | (2,954) |
| 2022 | 2021 | ||||||||||||||||||||||
| Principal pension | Other pension | Principal pension | Other pension | ||||||||||||||||||||
| Global equities | $ | 3,918\u00a0 | $ | 1,097\u00a0 | $ | 7,778\u00a0 | $ | 3,589\u00a0 | |||||||||||||||
| Debt securities | |||||||||||||||||||||||
| Fixed income and cash investment funds | 4,918\u00a0 | 6,506\u00a0 | 7,665\u00a0 | 10,527\u00a0 | |||||||||||||||||||
| U.S. corporate(a) | 8,715\u00a0 | 382\u00a0 | 10,324\u00a0 | 468\u00a0 | |||||||||||||||||||
| Other debt securities(b) | 7,853\u00a0 | 443\u00a0 | 7,331\u00a0 | 492\u00a0 | |||||||||||||||||||
| Real estate | 1,486\u00a0 | 53\u00a0 | 2,510\u00a0 | 89\u00a0 | |||||||||||||||||||
| Private equities and other investments | 1,245\u00a0 | 364\u00a0 | 1,515\u00a0 | 943\u00a0 | |||||||||||||||||||
| Total | 28,135\u00a0 | 8,845\u00a0 | 37,123\u00a0 | 16,108\u00a0 | |||||||||||||||||||
| Plan assets measured at net asset value | |||||||||||||||||||||||
| Global equities | $ | 3,285\u00a0 | $ | 1,029\u00a0 | $ | 9,517\u00a0 | $ | 1,172\u00a0 | |||||||||||||||
| Debt securities | 3,469\u00a0 | 1,024\u00a0 | 5,269\u00a0 | 1,287\u00a0 | |||||||||||||||||||
| Real estate | 1,624\u00a0 | 1,976\u00a0 | 1,408\u00a0 | 2,126\u00a0 | |||||||||||||||||||
| Private equities and other investments | 8,480\u00a0 | 1,789\u00a0 | 7,673\u00a0 | 1,797\u00a0 | |||||||||||||||||||
| Total plan assets at fair value | $ | 44,993\u00a0 | $ | 14,663\u00a0 | $ | 60,990\u00a0 | $ | 22,490\u00a0 |
| ASSET ALLOCATION OF PENSION PLANS | 2022 Target allocation | 2022 Actual allocation | |||||||||||||||||||||||||||||||||
| Principal Pension | Other Pension (weighted average) | Principal Pension | Other Pension (weighted average) | ||||||||||||||||||||||||||||||||
| Global equities | 14.0 - 34.0 | % | 17\u00a0 | % | 16\u00a0 | % | 14\u00a0 | % | |||||||||||||||||||||||||||
| Debt securities (including cash equivalents) | 31.0 - 81.5 | 60\u00a0 | 55\u00a0 | 57\u00a0 | |||||||||||||||||||||||||||||||
| Real estate | 1.0 - 10.0 | 8\u00a0 | 7\u00a0 | 14\u00a0 | |||||||||||||||||||||||||||||||
| Private equities & other investments | 6.0 - 30.0 | 15\u00a0 | 22\u00a0 | 15\u00a0 |
| ANNUALIZED RETURNS | 1 year | 5 years | 10 years | 25 years | ||||||||||
| GE Pension Plan | (20.5) | % | 2.7\u00a0 | % | 5.4\u00a0 | % | 5.8\u00a0 | % |
| EXPECTED FUTURE BENEFIT PAYMENTS OF OUR BENEFIT PLANS(a) | Principal pension | Other pension | Principal retiree benefit | ||||||||||||||
| 2023 | $ | 3,830\u00a0 | $ | 850\u00a0 | $ | 375\u00a0 | |||||||||||
| 2024 | 3,865\u00a0 | 845\u00a0 | 360\u00a0 | ||||||||||||||
| 2025 | 3,890\u00a0 | 855\u00a0 | 345\u00a0 | ||||||||||||||
| 2026 | 3,910\u00a0 | 870\u00a0 | 330\u00a0 | ||||||||||||||
| 2027 | 3,920\u00a0 | 885\u00a0 | 325\u00a0 | ||||||||||||||
| 2028-2032 | 19,510\u00a0 | 4,585\u00a0 | 1,375\u00a0 |
| COST OF POSTRETIREMENT BENEFIT PLANS AND CHANGES IN OTHER COMPREHENSIVE INCOME | |||||||||||||||||||||||||||||||||||
| For the years ended December 31 | 2022 | 2021 | 2020 | ||||||||||||||||||||||||||||||||
| (Pre-tax) | Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | ||||||||||||||||||||||||||
| Cost (income) of postretirement benefit plans | $ | 575\u00a0 | $ | (396) | $ | (203) | $ | 2,650\u00a0 | $ | (102) | $ | (168) | $ | 3,559\u00a0 | $ | 30\u00a0 | $ | (118) | |||||||||||||||||
| Changes in other comprehensive loss (income) | |||||||||||||||||||||||||||||||||||
| Prior service cost (credit) - current year | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (1) | \u2014\u00a0 | \u2014\u00a0 | 27\u00a0 | (7) | ||||||||||||||||||||||||||
| Net loss (gain) - current year | (1,533) | (128) | (778) | (4,959) | (2,104) | (488) | 1,124\u00a0 | 529\u00a0 | 119\u00a0 | ||||||||||||||||||||||||||
| Reclassifications out of AOCI | |||||||||||||||||||||||||||||||||||
| Curtailment/settlement gain (loss) | \u2014\u00a0 | 6\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (68) | \u2014\u00a0 | \u2014\u00a0 | (3) | \u2014\u00a0 | ||||||||||||||||||||||||||
| Dispositions | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (68) | \u2014\u00a0 | \u2014\u00a0 | (166) | \u2014\u00a0 | ||||||||||||||||||||||||||
| Amortization of net gain (loss) | (1,422) | (101) | 115\u00a0 | (3,483) | (403) | 79\u00a0 | (3,399) | (434) | 82\u00a0 | ||||||||||||||||||||||||||
| Amortization of prior service credit (cost) | (5) | 8\u00a0 | 235\u00a0 | (28) | 3\u00a0 | 236\u00a0 | (146) | (1) | 234\u00a0 | ||||||||||||||||||||||||||
| Total changes in other comprehensive loss (income) | (2,960) | (215) | (428) | (8,470) | (2,641) | (173) | (2,421) | (48) | 428\u00a0 | ||||||||||||||||||||||||||
| Cost (income) of postretirement benefit plans and changes in other comprehensive loss (income) | $ | (2,385) | $ | (611) | $ | (631) | $ | (5,820) | $ | (2,743) | $ | (341) | $ | 1,138\u00a0 | $ | (18) | $ | 310\u00a0 |
| DESCRIPTION OF OUR PLANS | ||||||||||||||
| Plan Category | Participants | Funding | Comments | |||||||||||
| Principal Pension Plans | GE Pension Plan | Covers U.S. participants ~177,000 retirees and beneficiaries, ~82,500 vested former employees and ~23,000 active employees | Our funding policy is to contribute amounts sufficient to meet minimum funding requirements under employee benefit and tax laws. We may decide to contribute additional amounts beyond this level. | This plan has been closed to new participants since 2012. Benefits for ~20,000 employees with salaried benefits were frozen effective January 1, 2021, and thereafter these employees receive increased company contributions in the company sponsored defined contribution plan in lieu of participation in a defined benefit plan (announced October 2019). | ||||||||||
| GE Supplementary Pension Plan | Provides supplementary benefits to higher-level, longer-service U.S. employees | This plan is unfunded. We pay benefits from company cash. | The annuity benefit has been closed to new participants since 2011 and has been replaced by an installment benefit (which was closed to new executives after 2020). Benefits for ~700 employees who became executives before 2011 were frozen effective January 1, 2021, and thereafter these employees accrue the installment benefit. | |||||||||||
Other Pension Plans(a) | 41 U.S. and non-U.S. pension plans with pension assets or obligations that have reached $50 million | Covers ~58,000 retirees and beneficiaries, ~48,500 vested former employees and ~14,000 active employees | Our funding policy is to contribute amounts sufficient to meet minimum funding requirements under employee benefit and tax laws in each country. We may decide to contribute additional amounts beyond this level. We pay benefits for some plans from company cash. | In certain countries, benefit accruals have ceased and/or have been closed to new hires as of various dates. | ||||||||||
| Principal Retiree Benefit Plans | Provides health and life insurance benefits to certain eligible participants | Covers U.S. participants ~151,500 retirees and dependents and ~21,500 active employees | We fund retiree health benefits on a pay-as-you-go basis and the retiree life insurance trust at our discretion. | Participants share in the cost of the healthcare benefits. |
| FUNDING STATUS BY PLAN TYPE | Benefit Obligation | Fair Value of Assets | Deficit/(Surplus) | |||||||||||||||||||||||
| 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | |||||||||||||||||||||
| Principal Pension Plans: | ||||||||||||||||||||||||||
| GE Pension Plan (subject to regulatory funding) | $ | 48,134\u00a0 | $ | 65,073\u00a0 | $ | 44,993\u00a0 | $ | 60,990\u00a0 | $ | 3,141\u00a0 | $ | 4,083\u00a0 | ||||||||||||||
| GE Supplementary Pension Plan (not subject to regulatory funding) | 5,457\u00a0 | 7,226\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 5,457\u00a0 | 7,226\u00a0 | ||||||||||||||||||||
| \u00a0\u00a0\u00a0\u00a0 | 53,591\u00a0 | 72,299\u00a0 | 44,993\u00a0 | 60,990\u00a0 | 8,598\u00a0 | 11,309\u00a0 | ||||||||||||||||||||
| Other Pension Plans: | ||||||||||||||||||||||||||
| Subject to regulatory funding | 12,078\u00a0 | 19,698\u00a0 | 14,512\u00a0 | 22,280\u00a0 | (2,434) | (2,582) | ||||||||||||||||||||
| Not subject to regulatory funding | 1,838\u00a0 | 2,558\u00a0 | 151\u00a0 | 210\u00a0 | 1,687\u00a0 | 2,348\u00a0 | ||||||||||||||||||||
| Principal retiree benefit plans (not subject to regulatory funding) | 3,304\u00a0 | 4,308\u00a0 | 10\u00a0 | 42\u00a0 | 3,294\u00a0 | 4,266\u00a0 | ||||||||||||||||||||
| Total plans subject to regulatory funding | 60,212\u00a0 | 84,771\u00a0 | 59,505\u00a0 | 83,270\u00a0 | 707\u00a0 | 1,501\u00a0 | ||||||||||||||||||||
| Total plans not subject to regulatory funding | 10,599\u00a0 | 14,092\u00a0 | 161\u00a0 | 252\u00a0 | 10,438\u00a0 | 13,840\u00a0 | ||||||||||||||||||||
| Total plans | $ | 70,811\u00a0 | $ | 98,863\u00a0 | $ | 59,666\u00a0 | $ | 83,522\u00a0 | $ | 11,145\u00a0 | $ | 15,341\u00a0 |
| PLAN FUNDED STATUS AND AMOUNTS RECORDED IN ACCUMULATED OTHER COMPREHENSIVE LOSS (INCOME) | ||||||||||||||||||||||||||||||||||||||
| 2022 | 2021 | |||||||||||||||||||||||||||||||||||||
| Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | |||||||||||||||||||||||||||||||||
| Change in benefit obligations | ||||||||||||||||||||||||||||||||||||||
| Balance at January 1 | $ | 72,299\u00a0 | $ | 22,256\u00a0 | $ | 4,308\u00a0 | $ | 76,298\u00a0 | $ | 24,658\u00a0 | $ | 5,019\u00a0 | ||||||||||||||||||||||||||
| Service cost | 221\u00a0 | 86\u00a0 | 39\u00a0 | 237\u00a0 | 233\u00a0 | 44\u00a0 | ||||||||||||||||||||||||||||||||
| Interest cost | 2,069\u00a0 | 398\u00a0 | 108\u00a0 | 1,951\u00a0 | 383\u00a0 | 103\u00a0 | ||||||||||||||||||||||||||||||||
| Participant contributions | 14\u00a0 | 19\u00a0 | 54\u00a0 | 15\u00a0 | 24\u00a0 | 60\u00a0 | ||||||||||||||||||||||||||||||||
| Plan amendments | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (1) | \u2014\u00a0 | ||||||||||||||||||||||||||||||||
| Actuarial loss (gain) - net | (17,281) | (a) | (6,282) | (a) | (778) | (a) | (2,448) | (a) | (1,561) | (a) | (446) | |||||||||||||||||||||||||||
| Benefits paid | (3,731) | (920) | (438) | (3,754) | (998) | (472) | \u00a0\u00a0 | |||||||||||||||||||||||||||||||
| Curtailments | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (74) | \u2014\u00a0 | ||||||||||||||||||||||||||||||||
| Dispositions/acquisitions/other - net | \u2014\u00a0 | \u2014\u00a0 | 11\u00a0 | \u2014\u00a0 | (188) | \u2014\u00a0 | \u00a0\u00a0 | |||||||||||||||||||||||||||||||
| Exchange rate adjustments | \u2014\u00a0 | (1,641) | \u2014\u00a0 | \u2014\u00a0 | (220) | \u2014\u00a0 | \u00a0\u00a0 | |||||||||||||||||||||||||||||||
| Balance at December 31 | $ | 53,591\u00a0 | (b) | $ | 13,916\u00a0 | $ | 3,304\u00a0 | (c) | $ | 72,299\u00a0 | (b) | $ | 22,256\u00a0 | $ | 4,308\u00a0 | (c) | ||||||||||||||||||||||
| Change in plan assets | ||||||||||||||||||||||||||||||||||||||
| Balance at January 1 | $ | 60,990\u00a0 | $ | 22,490\u00a0 | $ | 42\u00a0 | $ | 58,843\u00a0 | $ | 21,506\u00a0 | $ | 134\u00a0 | ||||||||||||||||||||||||||
| Actual gain (loss) on plan assets | (12,605) | (5,334) | \u2014\u00a0 | 5,559\u00a0 | 1,602\u00a0 | 41\u00a0 | ||||||||||||||||||||||||||||||||
| Employer contributions | 325\u00a0 | 209\u00a0 | 352\u00a0 | 327\u00a0 | 594\u00a0 | 279\u00a0 | ||||||||||||||||||||||||||||||||
| Participant contributions | 14\u00a0 | 19\u00a0 | 54\u00a0 | 15\u00a0 | 24\u00a0 | 60\u00a0 | ||||||||||||||||||||||||||||||||
| Benefits paid | (3,731) | (920) | (438) | (3,754) | (998) | (472) | ||||||||||||||||||||||||||||||||
| Dispositions/acquisitions/other - net | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (138) | \u2014\u00a0 | ||||||||||||||||||||||||||||||||
| Exchange rate adjustments | \u2014\u00a0 | (1,801) | \u2014\u00a0 | \u2014\u00a0 | (100) | \u2014\u00a0 | ||||||||||||||||||||||||||||||||
| Balance at December 31 | $ | 44,993\u00a0 | $ | 14,663\u00a0 | $ | 10\u00a0 | $ | 60,990\u00a0 | $ | 22,490\u00a0 | $ | 42\u00a0 | ||||||||||||||||||||||||||
| Funded status - surplus (deficit) | $ | (8,598) | $ | 747\u00a0 | $ | (3,294) | $ | (11,309) | $ | 234\u00a0 | $ | (4,266) | ||||||||||||||||||||||||||
| Amounts recorded in Statement of Financial Position | ||||||||||||||||||||||||||||||||||||||
| Non-current assets - other | $ | \u2014\u00a0 | $ | 2,591\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 2,898\u00a0 | $ | \u2014\u00a0 | ||||||||||||||||||||||||||
| Current liabilities - other | (351) | (101) | (355) | (337) | (107) | (362) | ||||||||||||||||||||||||||||||||
| Non-current liabilities - compensation and benefits | (8,247) | (1,743) | (2,939) | (10,972) | (2,557) | (3,904) | ||||||||||||||||||||||||||||||||
| Net amount recorded | $ | (8,598) | $ | 747\u00a0 | $ | (3,294) | $ | (11,309) | $ | 234\u00a0 | $ | (4,266) | ||||||||||||||||||||||||||
| Amounts recorded in Accumulated other comprehensive loss (income) | ||||||||||||||||||||||||||||||||||||||
| Prior service cost (credit) | $ | (113) | $ | (42) | $ | (1,677) | $ | (109) | $ | (52) | $ | (1,912) | ||||||||||||||||||||||||||
| Net loss (gain) | (5,710) | 1,787 | (1,705) | (2,754) | 2,012\u00a0 | (1,042) | ||||||||||||||||||||||||||||||||
| Total recorded in Accumulated other comprehensive loss (income) | $ | (5,823) | $ | 1,745\u00a0 | $ | (3,382) | $ | (2,863) | $ | 1,960\u00a0 | $ | (2,954) |
| COST OF OUR BENEFITS PLANS | 2022 | 2021 | 2020 | ||||||||||||||||||||||||||||||||
| AND ASSUMPTIONS | Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | ||||||||||||||||||||||||||
| Components of expense (income) | |||||||||||||||||||||||||||||||||||
| Service cost - operating | $ | 221\u00a0 | $ | 86\u00a0 | $ | 39\u00a0 | $ | 237\u00a0 | $ | 233\u00a0 | $ | 44\u00a0 | $ | 657\u00a0 | $ | 243\u00a0 | $ | 59\u00a0 | |||||||||||||||||
| Interest cost | 2,069\u00a0 | 398\u00a0 | 108\u00a0 | 1,951\u00a0 | 383\u00a0 | 103\u00a0 | 2,350\u00a0 | 422\u00a0 | 150\u00a0 | ||||||||||||||||||||||||||
| Expected return on plan assets | (3,142) | (967) | \u2014\u00a0 | (3,049) | (1,194) | \u2014\u00a0 | (2,993) | (1,082) | (11) | ||||||||||||||||||||||||||
| Amortization of net loss (gain) | 1,422\u00a0 | 101\u00a0 | (115) | 3,483\u00a0 | 403\u00a0 | (79) | 3,399\u00a0 | 434\u00a0 | (82) | ||||||||||||||||||||||||||
| Amortization of prior service cost (credit) | 5\u00a0 | (8) | (235) | 28\u00a0 | (3) | (236) | 146\u00a0 | 1\u00a0 | (234) | ||||||||||||||||||||||||||
| Curtailment / settlement loss (gain) | \u2014\u00a0 | (6) | \u2014\u00a0 | \u2014\u00a0 | 76\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 12\u00a0 | \u2014\u00a0 | ||||||||||||||||||||||||||
| Non-operating | $ | 354\u00a0 | $ | (482) | $ | (242) | $ | 2,413\u00a0 | $ | (335) | $ | (212) | $ | 2,902\u00a0 | $ | (213) | $ | (177) | |||||||||||||||||
| Net periodic expense (income) | $ | 575\u00a0 | $ | (396) | $ | (203) | $ | 2,650\u00a0 | $ | (102) | $ | (168) | $ | 3,559\u00a0 | $ | 30\u00a0 | $ | (118) | |||||||||||||||||
| Weighted-average benefit obligations assumptions | |||||||||||||||||||||||||||||||||||
| Discount rate | 5.53\u00a0 | % | 4.59\u00a0 | % | 5.43\u00a0 | % | 2.94\u00a0 | % | 1.93\u00a0 | % | 2.64\u00a0 | % | 2.61\u00a0 | % | 1.44\u00a0 | % | 2.15\u00a0 | % | |||||||||||||||||
| Compensation increases | 3.07\u00a0 | 2.44\u00a0 | 3.12\u00a0 | 3.05\u00a0 | 2.35\u00a0 | 2.63\u00a0 | 2.95\u00a0 | 3.06\u00a0 | 2.82\u00a0 | ||||||||||||||||||||||||||
| Initial healthcare trend rate(a) | N/A | N/A | 6.40\u00a0 | N/A | N/A | 5.70\u00a0 | N/A | N/A | 5.90\u00a0 | ||||||||||||||||||||||||||
| Weighted-average benefit cost assumptions | |||||||||||||||||||||||||||||||||||
| Discount rate | 2.94\u00a0 | 1.93\u00a0 | 2.64\u00a0 | 2.61\u00a0 | 1.44\u00a0 | 2.15\u00a0 | 3.36\u00a0 | 1.97\u00a0 | 3.05\u00a0 | ||||||||||||||||||||||||||
| Expected rate of return on plan assets | 6.00\u00a0 | 4.80\u00a0 | \u2014 | 6.25\u00a0 | 5.69\u00a0 | 1.25\u00a0 | 6.25\u00a0 | 6.10\u00a0 | 7.00\u00a0 |
| 2022 | 2021 | ||||||||||||||||||||||
| Principal pension | Other pension | Principal pension | Other pension | ||||||||||||||||||||
| Global equities | $ | 3,918\u00a0 | $ | 1,097\u00a0 | $ | 7,778\u00a0 | $ | 3,589\u00a0 | |||||||||||||||
| Debt securities | |||||||||||||||||||||||
| Fixed income and cash investment funds | 4,918\u00a0 | 6,506\u00a0 | 7,665\u00a0 | 10,527\u00a0 | |||||||||||||||||||
| U.S. corporate(a) | 8,715\u00a0 | 382\u00a0 | 10,324\u00a0 | 468\u00a0 | |||||||||||||||||||
| Other debt securities(b) | 7,853\u00a0 | 443\u00a0 | 7,331\u00a0 | 492\u00a0 | |||||||||||||||||||
| Real estate | 1,486\u00a0 | 53\u00a0 | 2,510\u00a0 | 89\u00a0 | |||||||||||||||||||
| Private equities and other investments | 1,245\u00a0 | 364\u00a0 | 1,515\u00a0 | 943\u00a0 | |||||||||||||||||||
| Total | 28,135\u00a0 | 8,845\u00a0 | 37,123\u00a0 | 16,108\u00a0 | |||||||||||||||||||
| Plan assets measured at net asset value | |||||||||||||||||||||||
| Global equities | $ | 3,285\u00a0 | $ | 1,029\u00a0 | $ | 9,517\u00a0 | $ | 1,172\u00a0 | |||||||||||||||
| Debt securities | 3,469\u00a0 | 1,024\u00a0 | 5,269\u00a0 | 1,287\u00a0 | |||||||||||||||||||
| Real estate | 1,624\u00a0 | 1,976\u00a0 | 1,408\u00a0 | 2,126\u00a0 | |||||||||||||||||||
| Private equities and other investments | 8,480\u00a0 | 1,789\u00a0 | 7,673\u00a0 | 1,797\u00a0 | |||||||||||||||||||
| Total plan assets at fair value | $ | 44,993\u00a0 | $ | 14,663\u00a0 | $ | 60,990\u00a0 | $ | 22,490\u00a0 |
| ASSET ALLOCATION OF PENSION PLANS | 2022 Target allocation | 2022 Actual allocation | |||||||||||||||||||||||||||||||||
| Principal Pension | Other Pension (weighted average) | Principal Pension | Other Pension (weighted average) | ||||||||||||||||||||||||||||||||
| Global equities | 14.0 - 34.0 | % | 17\u00a0 | % | 16\u00a0 | % | 14\u00a0 | % | |||||||||||||||||||||||||||
| Debt securities (including cash equivalents) | 31.0 - 81.5 | 60\u00a0 | 55\u00a0 | 57\u00a0 | |||||||||||||||||||||||||||||||
| Real estate | 1.0 - 10.0 | 8\u00a0 | 7\u00a0 | 14\u00a0 | |||||||||||||||||||||||||||||||
| Private equities & other investments | 6.0 - 30.0 | 15\u00a0 | 22\u00a0 | 15\u00a0 |
| ANNUALIZED RETURNS | 1 year | 5 years | 10 years | 25 years | ||||||||||
| GE Pension Plan | (20.5) | % | 2.7\u00a0 | % | 5.4\u00a0 | % | 5.8\u00a0 | % |
| EXPECTED FUTURE BENEFIT PAYMENTS OF OUR BENEFIT PLANS(a) | Principal pension | Other pension | Principal retiree benefit | ||||||||||||||
| 2023 | $ | 3,830\u00a0 | $ | 850\u00a0 | $ | 375\u00a0 | |||||||||||
| 2024 | 3,865\u00a0 | 845\u00a0 | 360\u00a0 | ||||||||||||||
| 2025 | 3,890\u00a0 | 855\u00a0 | 345\u00a0 | ||||||||||||||
| 2026 | 3,910\u00a0 | 870\u00a0 | 330\u00a0 | ||||||||||||||
| 2027 | 3,920\u00a0 | 885\u00a0 | 325\u00a0 | ||||||||||||||
| 2028-2032 | 19,510\u00a0 | 4,585\u00a0 | 1,375\u00a0 |
| COST OF POSTRETIREMENT BENEFIT PLANS AND CHANGES IN OTHER COMPREHENSIVE INCOME | |||||||||||||||||||||||||||||||||||
| For the years ended December 31 | 2022 | 2021 | 2020 | ||||||||||||||||||||||||||||||||
| (Pre-tax) | Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | Principal pension | Other pension | Principal retiree benefit | ||||||||||||||||||||||||||
| Cost (income) of postretirement benefit plans | $ | 575\u00a0 | $ | (396) | $ | (203) | $ | 2,650\u00a0 | $ | (102) | $ | (168) | $ | 3,559\u00a0 | $ | 30\u00a0 | $ | (118) | |||||||||||||||||
| Changes in other comprehensive loss (income) | |||||||||||||||||||||||||||||||||||
| Prior service cost (credit) - current year | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (1) | \u2014\u00a0 | \u2014\u00a0 | 27\u00a0 | (7) | ||||||||||||||||||||||||||
| Net loss (gain) - current year | (1,533) | (128) | (778) | (4,959) | (2,104) | (488) | 1,124\u00a0 | 529\u00a0 | 119\u00a0 | ||||||||||||||||||||||||||
| Reclassifications out of AOCI | |||||||||||||||||||||||||||||||||||
| Curtailment/settlement gain (loss) | \u2014\u00a0 | 6\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (68) | \u2014\u00a0 | \u2014\u00a0 | (3) | \u2014\u00a0 | ||||||||||||||||||||||||||
| Dispositions | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | (68) | \u2014\u00a0 | \u2014\u00a0 | (166) | \u2014\u00a0 | ||||||||||||||||||||||||||
| Amortization of net gain (loss) | (1,422) | (101) | 115\u00a0 | (3,483) | (403) | 79\u00a0 | (3,399) | (434) | 82\u00a0 | ||||||||||||||||||||||||||
| Amortization of prior service credit (cost) | (5) | 8\u00a0 | 235\u00a0 | (28) | 3\u00a0 | 236\u00a0 | (146) | (1) | 234\u00a0 | ||||||||||||||||||||||||||
| Total changes in other comprehensive loss (income) | (2,960) | (215) | (428) | (8,470) | (2,641) | (173) | (2,421) | (48) | 428\u00a0 | ||||||||||||||||||||||||||
| Cost (income) of postretirement benefit plans and changes in other comprehensive loss (income) | $ | (2,385) | $ | (611) | $ | (631) | $ | (5,820) | $ | (2,743) | $ | (341) | $ | 1,138\u00a0 | $ | (18) | $ | 310\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Sales discounts and allowances(a) | $ | 4,042\u00a0 | $ | 4,020\u00a0 | ||||
| Equipment projects and other commercial liabilities | 1,652\u00a0 | 1,618\u00a0 | ||||||
| Product warranties (Note 24) | 1,268\u00a0 | 1,091\u00a0 | ||||||
| Employee compensation and benefit liabilities | 4,662\u00a0 | 4,677\u00a0 | ||||||
| Interest payable | 400\u00a0 | 276\u00a0 | ||||||
| Taxes payable | 743\u00a0 | 500\u00a0 | ||||||
| Environmental, health and safety liabilities (Note 24) | 282\u00a0 | 386\u00a0 | ||||||
| Derivative instruments (Note 22) | 589\u00a0 | 212\u00a0 | ||||||
| Other | 847\u00a0 | 1,196\u00a0 | ||||||
| All other current liabilities | $ | 14,485\u00a0 | $ | 13,977\u00a0 | ||||
| Equipment projects and other commercial liabilities | $ | 2,229\u00a0 | $ | 2,451\u00a0 | ||||
| Product warranties (Note 24) | 885\u00a0 | 800\u00a0 | ||||||
| Operating lease liabilities (Note 6) | 2,393\u00a0 | 2,848\u00a0 | ||||||
| Uncertain and other income taxes and related liabilities | 2,581\u00a0 | 3,041\u00a0 | ||||||
| Alstom legacy legal matters (Note 24) | 455\u00a0 | 567\u00a0 | ||||||
| Environmental, health and safety liabilities (Note 24) | 2,404\u00a0 | 2,274\u00a0 | ||||||
| Redeemable noncontrolling interests (Note 16) | 132\u00a0 | 148\u00a0 | ||||||
| Interest payable | \u2014\u00a0 | 179\u00a0 | ||||||
| Other | 1,076\u00a0 | 934\u00a0 | ||||||
| All other non-current liabilities | $ | 12,154\u00a0 | $ | 13,240\u00a0 | ||||
Total All other liabilities | $ | 26,639\u00a0 | $ | 27,217\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| Sales discounts and allowances(a) | $ | 4,042\u00a0 | $ | 4,020\u00a0 | ||||
| Equipment projects and other commercial liabilities | 1,652\u00a0 | 1,618\u00a0 | ||||||
| Product warranties (Note 24) | 1,268\u00a0 | 1,091\u00a0 | ||||||
| Employee compensation and benefit liabilities | 4,662\u00a0 | 4,677\u00a0 | ||||||
| Interest payable | 400\u00a0 | 276\u00a0 | ||||||
| Taxes payable | 743\u00a0 | 500\u00a0 | ||||||
| Environmental, health and safety liabilities (Note 24) | 282\u00a0 | 386\u00a0 | ||||||
| Derivative instruments (Note 22) | 589\u00a0 | 212\u00a0 | ||||||
| Other | 847\u00a0 | 1,196\u00a0 | ||||||
| All other current liabilities | $ | 14,485\u00a0 | $ | 13,977\u00a0 | ||||
| Equipment projects and other commercial liabilities | $ | 2,229\u00a0 | $ | 2,451\u00a0 | ||||
| Product warranties (Note 24) | 885\u00a0 | 800\u00a0 | ||||||
| Operating lease liabilities (Note 6) | 2,393\u00a0 | 2,848\u00a0 | ||||||
| Uncertain and other income taxes and related liabilities | 2,581\u00a0 | 3,041\u00a0 | ||||||
| Alstom legacy legal matters (Note 24) | 455\u00a0 | 567\u00a0 | ||||||
| Environmental, health and safety liabilities (Note 24) | 2,404\u00a0 | 2,274\u00a0 | ||||||
| Redeemable noncontrolling interests (Note 16) | 132\u00a0 | 148\u00a0 | ||||||
| Interest payable | \u2014\u00a0 | 179\u00a0 | ||||||
| Other | 1,076\u00a0 | 934\u00a0 | ||||||
| All other non-current liabilities | $ | 12,154\u00a0 | $ | 13,240\u00a0 | ||||
Total All other liabilities | $ | 26,639\u00a0 | $ | 27,217\u00a0 |
| EARNINGS (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 2022 | 2021 | 2020 | ||||||||
| U.S. earnings (loss) | $ | (238) | $ | (2,959) | $ | (4,823) | |||||
| Non-U.S. earnings (loss) | 1,650\u00a0 | (724) | 10,793\u00a0 | ||||||||
| Total | $ | 1,412\u00a0 | $ | (3,683) | $ | 5,970\u00a0 |
| PROVISION (BENEFIT) FOR INCOME TAXES | 2022 | 2021 | 2020 | ||||||||
| Current | |||||||||||
| U.S. Federal | $ | 62\u00a0 | $ | (1,347) | $ | 865\u00a0 | |||||
| Non-U.S. | 1,040\u00a0 | 1,154\u00a0 | 1,276\u00a0 | ||||||||
| U.S. State | 4\u00a0 | (85) | 152\u00a0 | ||||||||
| Deferred | |||||||||||
| U.S. Federal | (956) | (567) | (1,898) | ||||||||
| Non-U.S. | 466\u00a0 | 608\u00a0 | (810) | ||||||||
| U.S. State | (141) | (50) | (72) | ||||||||
| Total | $ | 476\u00a0 | $ | (286) | $ | (487) |
| RECONCILIATION OF U.S. FEDERAL STATUTORY INCOME TAX RATE TO ACTUAL INCOME TAX RATE | 2022 | 2021 | 2020 | |||||||||||||||||
| Amount | Rate | Amount | Rate | Amount | Rate | |||||||||||||||
| U.S. federal statutory income tax rate | $ | 297\u00a0 | 21.0\u00a0 | % | $ | (773) | 21.0\u00a0 | % | $ | 1,254\u00a0 | 21.0\u00a0 | % | ||||||||
| Tax on global activities including exports | 342\u00a0 | 24.2\u00a0 | 155\u00a0 | (4.2) | (47) | (0.8) | ||||||||||||||
| U.S. business credits(a) | (246) | (17.4) | (189) | 5.1\u00a0 | (169) | (2.8) | ||||||||||||||
| Debt tender and related valuation allowances | 30\u00a0 | 2.1\u00a0 | 940\u00a0 | (25.5) | \u2014\u00a0 | \u2014\u00a0 | ||||||||||||||
| Deductible stock and restructuring losses | \u2014\u00a0 | \u2014\u00a0 | (583) | 15.8\u00a0 | (203) | (3.4) | ||||||||||||||
| Sale of Biopharma business | (13) | (0.9) | (5) | 0.1\u00a0 | (1,447) | (24.2) | ||||||||||||||
| Goodwill impairments | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 184\u00a0 | 3.1\u00a0 | ||||||||||||||
| All other \u2013 net(b)(c)(d) | 66\u00a0 | 4.7\u00a0 | 169\u00a0 | (4.5) | (59) | (1.1) | ||||||||||||||
| 179\u00a0 | 12.7\u00a0 | 487\u00a0 | (13.2) | (1,741) | (29.2) | |||||||||||||||
| Actual income tax rate | $ | 476\u00a0 | 33.7\u00a0 | % | $ | (286) | 7.8\u00a0 | % | $ | (487) | (8.2) | % |
UNRECOGNIZED TAX BENEFITS December 31 | 2022 | 2021 | 2020 | ||||||||
| Unrecognized tax benefits | $ | 3,951\u00a0 | $ | 4,224\u00a0 | $ | 4,191\u00a0 | |||||
| Portion that, if recognized, would reduce tax expense and effective tax rate(a) | 3,072\u00a0 | 3,351\u00a0 | 2,986\u00a0 | ||||||||
| Accrued interest on unrecognized tax benefits | 614\u00a0 | 597\u00a0 | 628\u00a0 | ||||||||
| Accrued penalties on unrecognized tax benefits | 111\u00a0 | 146\u00a0 | 179\u00a0 | ||||||||
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months | 0-650 | 0-250 | 0-350 | ||||||||
| Portion that, if recognized, would reduce tax expense and effective tax rate(a) | 0-600 | 0-200 | 0-250 |
| UNRECOGNIZED TAX BENEFITS RECONCILIATION | 2022 | 2021 | 2020 | ||||||||
| Balance at January 1 | $ | 4,224\u00a0 | $ | 4,191\u00a0 | $ | 4,169\u00a0 | |||||
| Additions for tax positions of the current year | 62\u00a0 | 396\u00a0 | 836\u00a0 | ||||||||
| Additions for tax positions of prior years | 120\u00a0 | 327\u00a0 | 326\u00a0 | ||||||||
| Reductions for tax positions of prior years | (393) | (585) | (863) | ||||||||
| Settlements with tax authorities | (8) | (33) | (127) | ||||||||
| Expiration of the statute of limitations | (54) | (71) | (151) | ||||||||
| Balance at December 31 | $ | 3,951\u00a0 | $ | 4,224\u00a0 | $ | 4,191\u00a0 |
DEFERRED INCOME TAXES December 31 | 2022 | 2021 | ||||||
| Total assets | $ | 12,325\u00a0 | $ | 11,587\u00a0 | ||||
| Total liabilities | (620) | (732) | ||||||
| Net deferred income tax asset (liability) | $ | 11,705\u00a0 | $ | 10,855\u00a0 |
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY) December 31 | 2022 | 2021 | ||||||
| Deferred tax assets | ||||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Accrued expenses and reserves | $ | 2,538\u00a0 | $ | 2,635\u00a0 | ||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Progress collections, contract assets and deferred items | 2,520\u00a0 | 2,093\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Deferred expenses | 1,925\u00a0 | 1,597\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Principal pension plans | 1,806\u00a0 | 2,375\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Insurance company loss reserves | 1,782\u00a0 | 1,700\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Non-U.S. loss carryforwards(a) | 1,240\u00a0 | 1,354\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Other compensation and benefits | 975\u00a0 | 1,397\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Investment securities | 516\u00a0 | (1,278) | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Principal retiree benefit plans | 692\u00a0 | 896\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Other(b) | 703\u00a0 | 1,329\u00a0 | ||||||
| Total deferred tax assets | $ | 14,697\u00a0 | $ | 14,098\u00a0 | ||||
| Deferred tax liabilities | ||||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Investment in global operations | $ | (1,011) | $ | (1,775) | ||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Other | (1,981) | (1,468) | ||||||
| Total deferred tax liabilities | (2,992) | (3,243) | ||||||
| Net deferred income tax asset (liability) | $ | 11,705\u00a0 | $ | 10,855\u00a0 |
| EARNINGS (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 2022 | 2021 | 2020 | ||||||||
| U.S. earnings (loss) | $ | (238) | $ | (2,959) | $ | (4,823) | |||||
| Non-U.S. earnings (loss) | 1,650\u00a0 | (724) | 10,793\u00a0 | ||||||||
| Total | $ | 1,412\u00a0 | $ | (3,683) | $ | 5,970\u00a0 |
| PROVISION (BENEFIT) FOR INCOME TAXES | 2022 | 2021 | 2020 | ||||||||
| Current | |||||||||||
| U.S. Federal | $ | 62\u00a0 | $ | (1,347) | $ | 865\u00a0 | |||||
| Non-U.S. | 1,040\u00a0 | 1,154\u00a0 | 1,276\u00a0 | ||||||||
| U.S. State | 4\u00a0 | (85) | 152\u00a0 | ||||||||
| Deferred | |||||||||||
| U.S. Federal | (956) | (567) | (1,898) | ||||||||
| Non-U.S. | 466\u00a0 | 608\u00a0 | (810) | ||||||||
| U.S. State | (141) | (50) | (72) | ||||||||
| Total | $ | 476\u00a0 | $ | (286) | $ | (487) |
| RECONCILIATION OF U.S. FEDERAL STATUTORY INCOME TAX RATE TO ACTUAL INCOME TAX RATE | 2022 | 2021 | 2020 | |||||||||||||||||
| Amount | Rate | Amount | Rate | Amount | Rate | |||||||||||||||
| U.S. federal statutory income tax rate | $ | 297\u00a0 | 21.0\u00a0 | % | $ | (773) | 21.0\u00a0 | % | $ | 1,254\u00a0 | 21.0\u00a0 | % | ||||||||
| Tax on global activities including exports | 342\u00a0 | 24.2\u00a0 | 155\u00a0 | (4.2) | (47) | (0.8) | ||||||||||||||
| U.S. business credits(a) | (246) | (17.4) | (189) | 5.1\u00a0 | (169) | (2.8) | ||||||||||||||
| Debt tender and related valuation allowances | 30\u00a0 | 2.1\u00a0 | 940\u00a0 | (25.5) | \u2014\u00a0 | \u2014\u00a0 | ||||||||||||||
| Deductible stock and restructuring losses | \u2014\u00a0 | \u2014\u00a0 | (583) | 15.8\u00a0 | (203) | (3.4) | ||||||||||||||
| Sale of Biopharma business | (13) | (0.9) | (5) | 0.1\u00a0 | (1,447) | (24.2) | ||||||||||||||
| Goodwill impairments | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 184\u00a0 | 3.1\u00a0 | ||||||||||||||
| All other \u2013 net(b)(c)(d) | 66\u00a0 | 4.7\u00a0 | 169\u00a0 | (4.5) | (59) | (1.1) | ||||||||||||||
| 179\u00a0 | 12.7\u00a0 | 487\u00a0 | (13.2) | (1,741) | (29.2) | |||||||||||||||
| Actual income tax rate | $ | 476\u00a0 | 33.7\u00a0 | % | $ | (286) | 7.8\u00a0 | % | $ | (487) | (8.2) | % |
UNRECOGNIZED TAX BENEFITS December 31 | 2022 | 2021 | 2020 | ||||||||
| Unrecognized tax benefits | $ | 3,951\u00a0 | $ | 4,224\u00a0 | $ | 4,191\u00a0 | |||||
| Portion that, if recognized, would reduce tax expense and effective tax rate(a) | 3,072\u00a0 | 3,351\u00a0 | 2,986\u00a0 | ||||||||
| Accrued interest on unrecognized tax benefits | 614\u00a0 | 597\u00a0 | 628\u00a0 | ||||||||
| Accrued penalties on unrecognized tax benefits | 111\u00a0 | 146\u00a0 | 179\u00a0 | ||||||||
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months | 0-650 | 0-250 | 0-350 | ||||||||
| Portion that, if recognized, would reduce tax expense and effective tax rate(a) | 0-600 | 0-200 | 0-250 |
| UNRECOGNIZED TAX BENEFITS RECONCILIATION | 2022 | 2021 | 2020 | ||||||||
| Balance at January 1 | $ | 4,224\u00a0 | $ | 4,191\u00a0 | $ | 4,169\u00a0 | |||||
| Additions for tax positions of the current year | 62\u00a0 | 396\u00a0 | 836\u00a0 | ||||||||
| Additions for tax positions of prior years | 120\u00a0 | 327\u00a0 | 326\u00a0 | ||||||||
| Reductions for tax positions of prior years | (393) | (585) | (863) | ||||||||
| Settlements with tax authorities | (8) | (33) | (127) | ||||||||
| Expiration of the statute of limitations | (54) | (71) | (151) | ||||||||
| Balance at December 31 | $ | 3,951\u00a0 | $ | 4,224\u00a0 | $ | 4,191\u00a0 |
DEFERRED INCOME TAXES December 31 | 2022 | 2021 | ||||||
| Total assets | $ | 12,325\u00a0 | $ | 11,587\u00a0 | ||||
| Total liabilities | (620) | (732) | ||||||
| Net deferred income tax asset (liability) | $ | 11,705\u00a0 | $ | 10,855\u00a0 |
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY) December 31 | 2022 | 2021 | ||||||
| Deferred tax assets | ||||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Accrued expenses and reserves | $ | 2,538\u00a0 | $ | 2,635\u00a0 | ||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Progress collections, contract assets and deferred items | 2,520\u00a0 | 2,093\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Deferred expenses | 1,925\u00a0 | 1,597\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Principal pension plans | 1,806\u00a0 | 2,375\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Insurance company loss reserves | 1,782\u00a0 | 1,700\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Non-U.S. loss carryforwards(a) | 1,240\u00a0 | 1,354\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Other compensation and benefits | 975\u00a0 | 1,397\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Investment securities | 516\u00a0 | (1,278) | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Principal retiree benefit plans | 692\u00a0 | 896\u00a0 | ||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Other(b) | 703\u00a0 | 1,329\u00a0 | ||||||
| Total deferred tax assets | $ | 14,697\u00a0 | $ | 14,098\u00a0 | ||||
| Deferred tax liabilities | ||||||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Investment in global operations | $ | (1,011) | $ | (1,775) | ||||
| \u00a0\u00a0\u00a0\u00a0\u00a0Other | (1,981) | (1,468) | ||||||
| Total deferred tax liabilities | (2,992) | (3,243) | ||||||
| Net deferred income tax asset (liability) | $ | 11,705\u00a0 | $ | 10,855\u00a0 |
| ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | 2022 | 2021 | 2020 | ||||||||
| Beginning balance | $ | (4,562) | $ | (4,386) | $ | (4,818) | |||||
AOCI before reclasses \u2013 net of taxes of $127, $(91) and $(25) | (1,355) | (104) | (255) | ||||||||
Reclasses from AOCI \u2013 net of taxes of $\u2014, $87 and $\u2014(a) | \u2014\u00a0 | (71) | 691\u00a0 | ||||||||
| AOCI | (1,355) | (174) | 435\u00a0 | ||||||||
| Less AOCI attributable to noncontrolling interests | (2) | 2\u00a0 | 2\u00a0 | ||||||||
| Currency translation adjustments AOCI | $ | (5,915) | $ | (4,562) | $ | (4,386) | |||||
| Beginning balance | $ | 3,646\u00a0 | $ | (5,395) | $ | (7,024) | |||||
AOCI before reclasses \u2013 net of taxes of $597, $1,643 and $(283) | 2,117\u00a0 | 6,225\u00a0 | (1,256) | ||||||||
Reclasses from AOCI \u2013 net of taxes of $216, $793 and $805(a) | 772\u00a0 | 2,819\u00a0 | 2,888\u00a0 | ||||||||
| AOCI | 2,889\u00a0 | 9,044\u00a0 | 1,632\u00a0 | ||||||||
| Less AOCI attributable to noncontrolling interests | 3\u00a0 | 3\u00a0 | 4\u00a0 | ||||||||
| Benefit plans AOCI | $ | 6,531\u00a0 | $ | 3,646\u00a0 | $ | (5,395) | |||||
| Beginning balance | $ | 2,498\u00a0 | $ | 32\u00a0 | $ | 109\u00a0 | |||||
AOCI before reclasses \u2013 net of taxes of $(1,141), $615 and $21(b) | (4,461) | 2,422\u00a0 | (39) | ||||||||
Reclasses from AOCI \u2013 net of taxes of $(20), $23 and $(25)(a) | 36\u00a0 | 44\u00a0 | (39) | ||||||||
| AOCI | (4,425) | 2,466\u00a0 | (78) | ||||||||
| Investment securities and cash flow hedges AOCI | $ | (1,927) | $ | 2,498\u00a0 | $ | 32\u00a0 | |||||
AOCI at December 31 | $ | (1,311) | $ | 1,582\u00a0 | $ | (9,749) | |||||
| Dividends declared per common share | $ | 0.32\u00a0 | $ | 0.32\u00a0 | $ | 0.32\u00a0 |
| ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | 2022 | 2021 | 2020 | ||||||||
| Beginning balance | $ | (4,562) | $ | (4,386) | $ | (4,818) | |||||
AOCI before reclasses \u2013 net of taxes of $127, $(91) and $(25) | (1,355) | (104) | (255) | ||||||||
Reclasses from AOCI \u2013 net of taxes of $\u2014, $87 and $\u2014(a) | \u2014\u00a0 | (71) | 691\u00a0 | ||||||||
| AOCI | (1,355) | (174) | 435\u00a0 | ||||||||
| Less AOCI attributable to noncontrolling interests | (2) | 2\u00a0 | 2\u00a0 | ||||||||
| Currency translation adjustments AOCI | $ | (5,915) | $ | (4,562) | $ | (4,386) | |||||
| Beginning balance | $ | 3,646\u00a0 | $ | (5,395) | $ | (7,024) | |||||
AOCI before reclasses \u2013 net of taxes of $597, $1,643 and $(283) | 2,117\u00a0 | 6,225\u00a0 | (1,256) | ||||||||
Reclasses from AOCI \u2013 net of taxes of $216, $793 and $805(a) | 772\u00a0 | 2,819\u00a0 | 2,888\u00a0 | ||||||||
| AOCI | 2,889\u00a0 | 9,044\u00a0 | 1,632\u00a0 | ||||||||
| Less AOCI attributable to noncontrolling interests | 3\u00a0 | 3\u00a0 | 4\u00a0 | ||||||||
| Benefit plans AOCI | $ | 6,531\u00a0 | $ | 3,646\u00a0 | $ | (5,395) | |||||
| Beginning balance | $ | 2,498\u00a0 | $ | 32\u00a0 | $ | 109\u00a0 | |||||
AOCI before reclasses \u2013 net of taxes of $(1,141), $615 and $21(b) | (4,461) | 2,422\u00a0 | (39) | ||||||||
Reclasses from AOCI \u2013 net of taxes of $(20), $23 and $(25)(a) | 36\u00a0 | 44\u00a0 | (39) | ||||||||
| AOCI | (4,425) | 2,466\u00a0 | (78) | ||||||||
| Investment securities and cash flow hedges AOCI | $ | (1,927) | $ | 2,498\u00a0 | $ | 32\u00a0 | |||||
AOCI at December 31 | $ | (1,311) | $ | 1,582\u00a0 | $ | (9,749) | |||||
| Dividends declared per common share | $ | 0.32\u00a0 | $ | 0.32\u00a0 | $ | 0.32\u00a0 |
| WEIGHTED AVERAGE GRANT DATE FAIR VALUE | 2022 | 2021 | 2020 | |||||||||||
| Stock options | $ | 34.03\u00a0 | $ | 40.64\u00a0 | $ | 28.64\u00a0 | ||||||||
| RSUs | 87.68\u00a0 | 104.98\u00a0 | 63.28\u00a0 | |||||||||||
| PSUs/Performance shares | 95.40\u00a0 | 108.51\u00a0 | 63.28\u00a0 |
| STOCK-BASED COMPENSATION ACTIVITY | Stock options | RSUs | |||||||||||||||||||||||||||
| Shares (in thousands) | Weighted average exercise price | Weighted average contractual term (in years) | Intrinsic value (in millions) | Shares (in thousands) | Weighted average grant date fair value | Weighted average contractual term (in years) | Intrinsic value (in millions) | ||||||||||||||||||||||
| Outstanding at January 1, 2022 | 38,414\u00a0 | $ | 144.97\u00a0 | 8,057\u00a0 | $ | 77.90\u00a0 | |||||||||||||||||||||||
| Granted | 435\u00a0 | 92.33\u00a0 | 4,110\u00a0 | 87.68\u00a0 | |||||||||||||||||||||||||
| Exercised | (951) | 64.45\u00a0 | (1,630) | 89.08\u00a0 | |||||||||||||||||||||||||
| Forfeited | (266) | 95.12\u00a0 | (850) | 81.92\u00a0 | |||||||||||||||||||||||||
| Expired | (6,609) | 165.67\u00a0 | N/A | N/A | |||||||||||||||||||||||||
| Outstanding at December 31, 2022 | 31,023\u00a0 | $ | 142.68\u00a0 | 3.8 | $ | 88\u00a0 | 9,687\u00a0 | $ | 79.82\u00a0 | 1.2 | $ | 812\u00a0 | |||||||||||||||||
| Exercisable at December 31, 2022 | 28,723\u00a0 | $ | 146.94\u00a0 | 3.4 | $ | 83\u00a0 | N/A | N/A | N/A | N/A | |||||||||||||||||||
| Expected to vest | 2,151\u00a0 | $ | 90.14\u00a0 | 7.7 | $ | 5\u00a0 | 8,476\u00a0 | $ | 80.03\u00a0 | 1.2 | $ | 710\u00a0 |
| 2022 | 2021 | 2020 | |||||||||
| Compensation expense (after-tax)(a)(b) | $ | 305\u00a0 | $ | 361\u00a0 | $ | 353\u00a0 | |||||
| Cash received from stock options exercised | 62\u00a0 | 93\u00a0 | 6\u00a0 | ||||||||
| Intrinsic value of stock options exercised and RSU/PSUs vested | 170\u00a0 | 217\u00a0 | 81\u00a0 |
| WEIGHTED AVERAGE GRANT DATE FAIR VALUE | 2022 | 2021 | 2020 | |||||||||||
| Stock options | $ | 34.03\u00a0 | $ | 40.64\u00a0 | $ | 28.64\u00a0 | ||||||||
| RSUs | 87.68\u00a0 | 104.98\u00a0 | 63.28\u00a0 | |||||||||||
| PSUs/Performance shares | 95.40\u00a0 | 108.51\u00a0 | 63.28\u00a0 |
| STOCK-BASED COMPENSATION ACTIVITY | Stock options | RSUs | |||||||||||||||||||||||||||
| Shares (in thousands) | Weighted average exercise price | Weighted average contractual term (in years) | Intrinsic value (in millions) | Shares (in thousands) | Weighted average grant date fair value | Weighted average contractual term (in years) | Intrinsic value (in millions) | ||||||||||||||||||||||
| Outstanding at January 1, 2022 | 38,414\u00a0 | $ | 144.97\u00a0 | 8,057\u00a0 | $ | 77.90\u00a0 | |||||||||||||||||||||||
| Granted | 435\u00a0 | 92.33\u00a0 | 4,110\u00a0 | 87.68\u00a0 | |||||||||||||||||||||||||
| Exercised | (951) | 64.45\u00a0 | (1,630) | 89.08\u00a0 | |||||||||||||||||||||||||
| Forfeited | (266) | 95.12\u00a0 | (850) | 81.92\u00a0 | |||||||||||||||||||||||||
| Expired | (6,609) | 165.67\u00a0 | N/A | N/A | |||||||||||||||||||||||||
| Outstanding at December 31, 2022 | 31,023\u00a0 | $ | 142.68\u00a0 | 3.8 | $ | 88\u00a0 | 9,687\u00a0 | $ | 79.82\u00a0 | 1.2 | $ | 812\u00a0 | |||||||||||||||||
| Exercisable at December 31, 2022 | 28,723\u00a0 | $ | 146.94\u00a0 | 3.4 | $ | 83\u00a0 | N/A | N/A | N/A | N/A | |||||||||||||||||||
| Expected to vest | 2,151\u00a0 | $ | 90.14\u00a0 | 7.7 | $ | 5\u00a0 | 8,476\u00a0 | $ | 80.03\u00a0 | 1.2 | $ | 710\u00a0 |
| 2022 | 2021 | 2020 | |||||||||
| Compensation expense (after-tax)(a)(b) | $ | 305\u00a0 | $ | 361\u00a0 | $ | 353\u00a0 | |||||
| Cash received from stock options exercised | 62\u00a0 | 93\u00a0 | 6\u00a0 | ||||||||
| Intrinsic value of stock options exercised and RSU/PSUs vested | 170\u00a0 | 217\u00a0 | 81\u00a0 |
| 2022 | 2021 | 2020 | |||||||||
| Compensation expense (after-tax)(a)(b) | $ | 305\u00a0 | $ | 361\u00a0 | $ | 353\u00a0 | |||||
| Cash received from stock options exercised | 62\u00a0 | 93\u00a0 | 6\u00a0 | ||||||||
| Intrinsic value of stock options exercised and RSU/PSUs vested | 170\u00a0 | 217\u00a0 | 81\u00a0 |
| 2022 | 2021 | 2020 | ||||||||||||||||||||||||
| (Earnings for per-share calculation, shares in millions, per-share amounts in dollars) | Diluted | Basic | Diluted | Basic | Diluted | Basic | ||||||||||||||||||||
| Earnings (loss) from continuing operations | $ | 869\u00a0 | $ | 869\u00a0 | $ | (3,326) | $ | (3,326) | $ | 6,601\u00a0 | $ | 6,601\u00a0 | ||||||||||||||
Preferred stock dividends | (289) | (289) | (237) | (237) | (474) | (474) | ||||||||||||||||||||
| Accretion of redeemable noncontrolling interests, net of tax | \u2014\u00a0 | \u2014\u00a0 | (9) | (9) | (151) | (151) | ||||||||||||||||||||
| Accretion of preferred share repurchase | 4\u00a0 | 4\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | ||||||||||||||||||||
| Earnings (loss) from continuing operations attributable to common shareholders | 584\u00a0 | 584\u00a0 | (3,571) | (3,571) | 5,975\u00a0 | 5,975\u00a0 | ||||||||||||||||||||
Earnings (loss) from discontinued operations | (644) | (644) | (3,195) | (3,195) | (909) | (909) | ||||||||||||||||||||
| Net earnings (loss) attributable to GE common shareholders | (60) | (60) | (6,766) | (6,766) | 5,066\u00a0 | 5,066\u00a0 | ||||||||||||||||||||
Shares of GE common stock outstanding | 1,096\u00a0 | 1,096\u00a0 | 1,098\u00a0 | 1,098\u00a0 | 1,094\u00a0 | 1,094\u00a0 | ||||||||||||||||||||
Employee compensation-related shares (including stock options) | 6\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 1\u00a0 | \u2014\u00a0 | ||||||||||||||||||||
Total average equivalent shares | 1,101\u00a0 | 1,096\u00a0 | 1,098\u00a0 | 1,098\u00a0 | 1,095\u00a0 | 1,094\u00a0 | ||||||||||||||||||||
| Earnings (loss) from continuing operations | $ | 0.53\u00a0 | $ | 0.53\u00a0 | $ | (3.25) | $ | (3.25) | $ | 5.46\u00a0 | $ | 5.46\u00a0 | ||||||||||||||
| Earnings (loss) from discontinued operations | (0.58) | (0.59) | (2.91) | (2.91) | (0.83) | (0.83) | ||||||||||||||||||||
| Net earnings (loss) per share | (0.05) | (0.06) | (6.16) | (6.16) | 4.63\u00a0 | 4.63\u00a0 | ||||||||||||||||||||
| Potentially dilutive securities(a) | 44\u00a0 | 41\u00a0 | 56\u00a0 |
| 2022 | 2021 | 2020 | ||||||||||||||||||||||||
| (Earnings for per-share calculation, shares in millions, per-share amounts in dollars) | Diluted | Basic | Diluted | Basic | Diluted | Basic | ||||||||||||||||||||
| Earnings (loss) from continuing operations | $ | 869\u00a0 | $ | 869\u00a0 | $ | (3,326) | $ | (3,326) | $ | 6,601\u00a0 | $ | 6,601\u00a0 | ||||||||||||||
Preferred stock dividends | (289) | (289) | (237) | (237) | (474) | (474) | ||||||||||||||||||||
| Accretion of redeemable noncontrolling interests, net of tax | \u2014\u00a0 | \u2014\u00a0 | (9) | (9) | (151) | (151) | ||||||||||||||||||||
| Accretion of preferred share repurchase | 4\u00a0 | 4\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | ||||||||||||||||||||
| Earnings (loss) from continuing operations attributable to common shareholders | 584\u00a0 | 584\u00a0 | (3,571) | (3,571) | 5,975\u00a0 | 5,975\u00a0 | ||||||||||||||||||||
Earnings (loss) from discontinued operations | (644) | (644) | (3,195) | (3,195) | (909) | (909) | ||||||||||||||||||||
| Net earnings (loss) attributable to GE common shareholders | (60) | (60) | (6,766) | (6,766) | 5,066\u00a0 | 5,066\u00a0 | ||||||||||||||||||||
Shares of GE common stock outstanding | 1,096\u00a0 | 1,096\u00a0 | 1,098\u00a0 | 1,098\u00a0 | 1,094\u00a0 | 1,094\u00a0 | ||||||||||||||||||||
Employee compensation-related shares (including stock options) | 6\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 1\u00a0 | \u2014\u00a0 | ||||||||||||||||||||
Total average equivalent shares | 1,101\u00a0 | 1,096\u00a0 | 1,098\u00a0 | 1,098\u00a0 | 1,095\u00a0 | 1,094\u00a0 | ||||||||||||||||||||
| Earnings (loss) from continuing operations | $ | 0.53\u00a0 | $ | 0.53\u00a0 | $ | (3.25) | $ | (3.25) | $ | 5.46\u00a0 | $ | 5.46\u00a0 | ||||||||||||||
| Earnings (loss) from discontinued operations | (0.58) | (0.59) | (2.91) | (2.91) | (0.83) | (0.83) | ||||||||||||||||||||
| Net earnings (loss) per share | (0.05) | (0.06) | (6.16) | (6.16) | 4.63\u00a0 | 4.63\u00a0 | ||||||||||||||||||||
| Potentially dilutive securities(a) | 44\u00a0 | 41\u00a0 | 56\u00a0 |
| 2022 | 2021 | 2020 | |||||||||
| Purchases and sales of business interests(a) | $ | 66\u00a0 | $ | (40) | $ | 12,468\u00a0 | |||||
| Licensing and royalty income | 203\u00a0 | 192\u00a0 | 161\u00a0 | ||||||||
| Equity method income | 233\u00a0 | (96) | 7\u00a0 | ||||||||
| Investment in Baker Hughes realized and unrealized gain (loss) | 912\u00a0 | 938\u00a0 | (2,037) | ||||||||
| Investment in and note with AerCap unrealized gain (loss) | (865) | 711\u00a0 | \u2014\u00a0 | ||||||||
| Other net interest and investment income (loss)(b) | 456\u00a0 | 621\u00a0 | 590\u00a0 | ||||||||
| Other items | 226\u00a0 | 497\u00a0 | 207\u00a0 | ||||||||
| $ | 1,231\u00a0 | $ | 2,823\u00a0 | $ | 11,396\u00a0 |
| 2022 | 2021 | 2020 | |||||||||
| Purchases and sales of business interests(a) | $ | 66\u00a0 | $ | (40) | $ | 12,468\u00a0 | |||||
| Licensing and royalty income | 203\u00a0 | 192\u00a0 | 161\u00a0 | ||||||||
| Equity method income | 233\u00a0 | (96) | 7\u00a0 | ||||||||
| Investment in Baker Hughes realized and unrealized gain (loss) | 912\u00a0 | 938\u00a0 | (2,037) | ||||||||
| Investment in and note with AerCap unrealized gain (loss) | (865) | 711\u00a0 | \u2014\u00a0 | ||||||||
| Other net interest and investment income (loss)(b) | 456\u00a0 | 621\u00a0 | 590\u00a0 | ||||||||
| Other items | 226\u00a0 | 497\u00a0 | 207\u00a0 | ||||||||
| $ | 1,231\u00a0 | $ | 2,823\u00a0 | $ | 11,396\u00a0 |
| RESTRUCTURING AND OTHER CHARGES | 2022 | 2021 | 2020 | ||||||||
| Workforce reductions | $ | 348\u00a0 | $ | 695\u00a0 | $ | 856\u00a0 | |||||
| Plant closures & associated costs and other asset write-downs | 615\u00a0 | 145\u00a0 | 332\u00a0 | ||||||||
| Acquisition/disposition net charges and other | 30\u00a0 | (21) | 66\u00a0 | ||||||||
| Total restructuring and other charges | $ | 993\u00a0 | $ | 819\u00a0 | $ | 1,254\u00a0 | |||||
| Cost of equipment/services | $ | 250\u00a0 | $ | 394\u00a0 | $ | 570\u00a0 | |||||
| Selling, general and administrative expenses | 774\u00a0 | 499\u00a0 | 697\u00a0 | ||||||||
| Other (income) loss | (31) | (75) | (13) | ||||||||
| Total restructuring and other charges | $ | 993\u00a0 | $ | 819\u00a0 | $ | 1,254\u00a0 | |||||
| Aerospace | $ | 20\u00a0 | $ | 70\u00a0 | $ | 397\u00a0 | |||||
| Renewable Energy | 177\u00a0 | 204\u00a0 | 213\u00a0 | ||||||||
| Power | 155\u00a0 | 369\u00a0 | 236\u00a0 | ||||||||
| HealthCare | 148\u00a0 | 155\u00a0 | 137\u00a0 | ||||||||
| Corporate | 494\u00a0 | 20\u00a0 | 270\u00a0 | ||||||||
| Total restructuring and other charges | $ | 993\u00a0 | $ | 819\u00a0 | $ | 1,254\u00a0 | |||||
| Restructuring and other charges cash expenditures | $ | 492\u00a0 | $ | 781\u00a0 | $ | 1,175\u00a0 |
| 2022 | 2021 | 2020 | |||||||||
| Balance at January 1 | $ | 1,026\u00a0 | $ | 1,337\u00a0 | $ | 1,746\u00a0 | |||||
| Additions | 578\u00a0 | 655\u00a0 | 860\u00a0 | ||||||||
| Payments | (385) | (670) | (997) | ||||||||
| Remeasurement | (4) | (245) | (212) | ||||||||
| Effect of foreign currency and other | (31) | (52) | (60) | ||||||||
Balance at December 31 (a) | $ | 1,183\u00a0 | $ | 1,026\u00a0 | $ | 1,337\u00a0 |
| RESTRUCTURING AND OTHER CHARGES | 2022 | 2021 | 2020 | ||||||||
| Workforce reductions | $ | 348\u00a0 | $ | 695\u00a0 | $ | 856\u00a0 | |||||
| Plant closures & associated costs and other asset write-downs | 615\u00a0 | 145\u00a0 | 332\u00a0 | ||||||||
| Acquisition/disposition net charges and other | 30\u00a0 | (21) | 66\u00a0 | ||||||||
| Total restructuring and other charges | $ | 993\u00a0 | $ | 819\u00a0 | $ | 1,254\u00a0 | |||||
| Cost of equipment/services | $ | 250\u00a0 | $ | 394\u00a0 | $ | 570\u00a0 | |||||
| Selling, general and administrative expenses | 774\u00a0 | 499\u00a0 | 697\u00a0 | ||||||||
| Other (income) loss | (31) | (75) | (13) | ||||||||
| Total restructuring and other charges | $ | 993\u00a0 | $ | 819\u00a0 | $ | 1,254\u00a0 | |||||
| Aerospace | $ | 20\u00a0 | $ | 70\u00a0 | $ | 397\u00a0 | |||||
| Renewable Energy | 177\u00a0 | 204\u00a0 | 213\u00a0 | ||||||||
| Power | 155\u00a0 | 369\u00a0 | 236\u00a0 | ||||||||
| HealthCare | 148\u00a0 | 155\u00a0 | 137\u00a0 | ||||||||
| Corporate | 494\u00a0 | 20\u00a0 | 270\u00a0 | ||||||||
| Total restructuring and other charges | $ | 993\u00a0 | $ | 819\u00a0 | $ | 1,254\u00a0 | |||||
| Restructuring and other charges cash expenditures | $ | 492\u00a0 | $ | 781\u00a0 | $ | 1,175\u00a0 |
| 2022 | 2021 | 2020 | |||||||||
| Balance at January 1 | $ | 1,026\u00a0 | $ | 1,337\u00a0 | $ | 1,746\u00a0 | |||||
| Additions | 578\u00a0 | 655\u00a0 | 860\u00a0 | ||||||||
| Payments | (385) | (670) | (997) | ||||||||
| Remeasurement | (4) | (245) | (212) | ||||||||
| Effect of foreign currency and other | (31) | (52) | (60) | ||||||||
Balance at December 31 (a) | $ | 1,183\u00a0 | $ | 1,026\u00a0 | $ | 1,337\u00a0 |
| ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS | ||||||||||||||||||||||||||||||||
| Level 1 | Level 2 | Level 3(a) | Netting adjustment(d) | Net balance(b) | ||||||||||||||||||||||||||||
| December 31 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | ||||||||||||||||||||||
| Investment securities | $ | 6,754\u00a0 | $ | 11,434\u00a0 | $ | 30,483\u00a0 | $ | 35,849\u00a0 | $ | 6,421\u00a0 | $ | 7,222\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 43,657\u00a0 | $ | 54,506\u00a0 | ||||||||||||
| Derivatives | \u2014\u00a0 | \u2014\u00a0 | 1,340\u00a0 | 1,357\u00a0 | 1\u00a0 | 17\u00a0 | (859) | (691) | 482\u00a0 | 684\u00a0 | ||||||||||||||||||||||
| Total assets | $ | 6,754\u00a0 | $ | 11,434\u00a0 | $ | 31,823\u00a0 | $ | 37,207\u00a0 | $ | 6,421\u00a0 | $ | 7,239\u00a0 | $ | (859) | $ | (691) | $ | 44,139\u00a0 | $ | 55,189\u00a0 | ||||||||||||
| Derivatives | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 1,444\u00a0 | $ | 891\u00a0 | $ | 7\u00a0 | $ | 1\u00a0 | $ | (862) | $ | (681) | $ | 589\u00a0 | $ | 212\u00a0 | ||||||||||||
| Other(c) | \u2014\u00a0 | \u2014\u00a0 | 627\u00a0 | 863\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 627\u00a0 | 863\u00a0 | ||||||||||||||||||||||
| Total liabilities | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 2,071\u00a0 | $ | 1,754\u00a0 | $ | 7\u00a0 | $ | 1\u00a0 | $ | (862) | $ | (681) | $ | 1,216\u00a0 | $ | 1,075\u00a0 |
Balance at January 1 | Net realized/unrealized gains(losses)(a) | Purchases(b) | Sales & Settlements | Transfers into Level 3 | Transfers out of Level 3 | Balance at December 31 | |||||||||||||||||
| 2022 | |||||||||||||||||||||||
| Investment securities | $ | 7,222\u00a0 | $ | (1,002) | $ | 973\u00a0 | $ | (628) | $ | 57\u00a0 | $ | (201) | $ | 6,421\u00a0 | |||||||||
| 2021 | |||||||||||||||||||||||
| Investment securities | $ | 5,866\u00a0 | $ | (261) | $ | 2,589\u00a0 | $ | (943) | $ | 6\u00a0 | $ | (35) | $ | 7,222\u00a0 | |||||||||
| ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS | ||||||||||||||||||||||||||||||||
| Level 1 | Level 2 | Level 3(a) | Netting adjustment(d) | Net balance(b) | ||||||||||||||||||||||||||||
| December 31 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | ||||||||||||||||||||||
| Investment securities | $ | 6,754\u00a0 | $ | 11,434\u00a0 | $ | 30,483\u00a0 | $ | 35,849\u00a0 | $ | 6,421\u00a0 | $ | 7,222\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 43,657\u00a0 | $ | 54,506\u00a0 | ||||||||||||
| Derivatives | \u2014\u00a0 | \u2014\u00a0 | 1,340\u00a0 | 1,357\u00a0 | 1\u00a0 | 17\u00a0 | (859) | (691) | 482\u00a0 | 684\u00a0 | ||||||||||||||||||||||
| Total assets | $ | 6,754\u00a0 | $ | 11,434\u00a0 | $ | 31,823\u00a0 | $ | 37,207\u00a0 | $ | 6,421\u00a0 | $ | 7,239\u00a0 | $ | (859) | $ | (691) | $ | 44,139\u00a0 | $ | 55,189\u00a0 | ||||||||||||
| Derivatives | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 1,444\u00a0 | $ | 891\u00a0 | $ | 7\u00a0 | $ | 1\u00a0 | $ | (862) | $ | (681) | $ | 589\u00a0 | $ | 212\u00a0 | ||||||||||||
| Other(c) | \u2014\u00a0 | \u2014\u00a0 | 627\u00a0 | 863\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | \u2014\u00a0 | 627\u00a0 | 863\u00a0 | ||||||||||||||||||||||
| Total liabilities | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 2,071\u00a0 | $ | 1,754\u00a0 | $ | 7\u00a0 | $ | 1\u00a0 | $ | (862) | $ | (681) | $ | 1,216\u00a0 | $ | 1,075\u00a0 |
Balance at January 1 | Net realized/unrealized gains(losses)(a) | Purchases(b) | Sales & Settlements | Transfers into Level 3 | Transfers out of Level 3 | Balance at December 31 | |||||||||||||||||
| 2022 | |||||||||||||||||||||||
| Investment securities | $ | 7,222\u00a0 | $ | (1,002) | $ | 973\u00a0 | $ | (628) | $ | 57\u00a0 | $ | (201) | $ | 6,421\u00a0 | |||||||||
| 2021 | |||||||||||||||||||||||
| Investment securities | $ | 5,866\u00a0 | $ | (261) | $ | 2,589\u00a0 | $ | (943) | $ | 6\u00a0 | $ | (35) | $ | 7,222\u00a0 | |||||||||
| December 31, 2022 | December 31, 2021 | |||||||||||||||||||
| Carrying amount (net) | Estimated fair value | Carrying amount (net) | Estimated fair value | |||||||||||||||||
| Assets | Loans and other receivables | $ | 2,695\u00a0 | $ | 2,560\u00a0 | $ | 2,706\u00a0 | $ | 2,853\u00a0 | |||||||||||
| Liabilities | Borrowings (Note 10) | $ | 32,350\u00a0 | $ | 31,410\u00a0 | $ | 35,186\u00a0 | $ | 41,207\u00a0 | |||||||||||
| Investment contracts (Note 12) | 1,771\u00a0 | 1,822\u00a0 | 1,909\u00a0 | 2,282\u00a0 |
| FAIR VALUE OF DERIVATIVES | December 31, 2022 | December 31, 2021 | |||||||||||||||||||||
| Gross Notional | Gross Notional | ||||||||||||||||||||||
| Currency exchange contracts | $ | 8,484\u00a0 | $ | 164\u00a0 | $ | 312\u00a0 | $ | 7,214\u00a0 | $ | 114\u00a0 | $ | 122\u00a0 | |||||||||||
| Interest rate contracts | 2,071\u00a0 | 75\u00a0 | 4\u00a0 | ||||||||||||||||||||
| Derivatives accounted for as hedges | $ | 8,484\u00a0 | $ | 164\u00a0 | $ | 312\u00a0 | $ | 9,285\u00a0 | $ | 188\u00a0 | $ | 126\u00a0 | |||||||||||
| Currency exchange contracts | $ | 56,950\u00a0 | $ | 977\u00a0 | $ | 1,118\u00a0 | $ | 64,097\u00a0 | $ | 794\u00a0 | $ | 756\u00a0 | |||||||||||
| Interest rate contracts | 43\u00a0 | \u2014\u00a0 | 1\u00a0 | 1,369\u00a0 | 5\u00a0 | 1\u00a0 | |||||||||||||||||
| Other contracts | 914\u00a0 | 200\u00a0 | 20\u00a0 | 1,674\u00a0 | 387\u00a0 | 10\u00a0 | |||||||||||||||||
| Derivatives not accounted for as hedges | $ | 57,907\u00a0 | $ | 1,178\u00a0 | $ | 1,139\u00a0 | $ | 67,140\u00a0 | $ | 1,186\u00a0 | $ | 767\u00a0 | |||||||||||
| Gross derivatives | $ | 66,392\u00a0 | $ | 1,341\u00a0 | $ | 1,451\u00a0 | $ | 76,425\u00a0 | $ | 1,374\u00a0 | $ | 893\u00a0 | |||||||||||
| Netting and credit adjustments | $ | (859) | $ | (862) | $ | (637) | $ | (639) | |||||||||||||||
| Cash collateral adjustments | \u2014\u00a0 | \u2014\u00a0 | (54) | (42) | |||||||||||||||||||
| Net derivatives recognized in statement of financial position | $ | 482\u00a0 | $ | 589\u00a0 | $ | 684\u00a0 | $ | 212\u00a0 | |||||||||||||||
| Net accrued interest | $ | \u2014\u00a0 | $ | (4) | $ | 10\u00a0 | $ | 5\u00a0 | |||||||||||||||
| Securities held as collateral | \u2014\u00a0 | \u2014\u00a0 | (2) | \u2014\u00a0 | |||||||||||||||||||
| Net amount | $ | 482\u00a0 | $ | 585\u00a0 | $ | 691\u00a0 | $ | 217\u00a0 |
Gain (loss) recognized in AOCI for the year ended December 31 | |||||||||||
| 2022 | 2021 | 2020 | |||||||||
| Cash flow hedges(a) | $ | (206) | $ | (86) | $ | (61) | |||||
| Net investment hedges(b) | 230\u00a0 | 487\u00a0 | (675) |
| 2022 | 2021 | ||||||||||||||||||||||||||||||||||
| Revenues | Debt Extinguishment Costs | Interest Expense | SG&A | Other(a) | Revenues | Debt Extinguishment Costs | Interest Expense | SG&A | Other(a) | ||||||||||||||||||||||||||
| $ | 76,555\u00a0 | $ | 465\u00a0 | $ | 1,607\u00a0 | $ | 12,781\u00a0 | $ | 56,766\u00a0 | $ | 74,196\u00a0 | $ | 6,524\u00a0 | $ | 1,876\u00a0 | $ | 11,716\u00a0 | $ | 56,719\u00a0 | ||||||||||||||||
| Effect of cash flow hedges | $ | (23) | $ | \u2014\u00a0 | $ | (20) | $ | (2) | $ | (34) | $ | 27\u00a0 | $ | \u2014\u00a0 | $ | (40) | $ | 1\u00a0 | $ | (67) | |||||||||||||||
| Hedged items | 127\u00a0 | 70\u00a0 | 1,413\u00a0 | ||||||||||||||||||||||||||||||||
| Derivatives designated as hedging instruments | (143) | (66) | (1,549) | ||||||||||||||||||||||||||||||||
| Effect of fair value hedges | $ | (16) | $ | 3\u00a0 | $ | (135) | |||||||||||||||||||||||||||||
| Currency exchange contracts | $ | 5\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | (133) | $ | (737) | $ | (6) | $ | (16) | $ | (18) | $ | (127) | $ | 44\u00a0 | |||||||||||||||
| Interest rate, commodity and equity contracts(b) | 1\u00a0 | 159\u00a0 | (4) | (135) | 161\u00a0 | 1\u00a0 | 52\u00a0 | (3) | 183\u00a0 | 191\u00a0 | |||||||||||||||||||||||||
| Effect of derivatives not designated as hedges | $ | 7\u00a0 | $ | 159\u00a0 | $ | (4) | $ | (269) | $ | (575) | $ | (5) | $ | 35\u00a0 | $ | (22) | $ | 56\u00a0 | $ | 235\u00a0 | |||||||||||||||
| December 31, 2022 | December 31, 2021 | |||||||||||||||||||
| Carrying amount (net) | Estimated fair value | Carrying amount (net) | Estimated fair value | |||||||||||||||||
| Assets | Loans and other receivables | $ | 2,695\u00a0 | $ | 2,560\u00a0 | $ | 2,706\u00a0 | $ | 2,853\u00a0 | |||||||||||
| Liabilities | Borrowings (Note 10) | $ | 32,350\u00a0 | $ | 31,410\u00a0 | $ | 35,186\u00a0 | $ | 41,207\u00a0 | |||||||||||
| Investment contracts (Note 12) | 1,771\u00a0 | 1,822\u00a0 | 1,909\u00a0 | 2,282\u00a0 |
| FAIR VALUE OF DERIVATIVES | December 31, 2022 | December 31, 2021 | |||||||||||||||||||||
| Gross Notional | Gross Notional | ||||||||||||||||||||||
| Currency exchange contracts | $ | 8,484\u00a0 | $ | 164\u00a0 | $ | 312\u00a0 | $ | 7,214\u00a0 | $ | 114\u00a0 | $ | 122\u00a0 | |||||||||||
| Interest rate contracts | 2,071\u00a0 | 75\u00a0 | 4\u00a0 | ||||||||||||||||||||
| Derivatives accounted for as hedges | $ | 8,484\u00a0 | $ | 164\u00a0 | $ | 312\u00a0 | $ | 9,285\u00a0 | $ | 188\u00a0 | $ | 126\u00a0 | |||||||||||
| Currency exchange contracts | $ | 56,950\u00a0 | $ | 977\u00a0 | $ | 1,118\u00a0 | $ | 64,097\u00a0 | $ | 794\u00a0 | $ | 756\u00a0 | |||||||||||
| Interest rate contracts | 43\u00a0 | \u2014\u00a0 | 1\u00a0 | 1,369\u00a0 | 5\u00a0 | 1\u00a0 | |||||||||||||||||
| Other contracts | 914\u00a0 | 200\u00a0 | 20\u00a0 | 1,674\u00a0 | 387\u00a0 | 10\u00a0 | |||||||||||||||||
| Derivatives not accounted for as hedges | $ | 57,907\u00a0 | $ | 1,178\u00a0 | $ | 1,139\u00a0 | $ | 67,140\u00a0 | $ | 1,186\u00a0 | $ | 767\u00a0 | |||||||||||
| Gross derivatives | $ | 66,392\u00a0 | $ | 1,341\u00a0 | $ | 1,451\u00a0 | $ | 76,425\u00a0 | $ | 1,374\u00a0 | $ | 893\u00a0 | |||||||||||
| Netting and credit adjustments | $ | (859) | $ | (862) | $ | (637) | $ | (639) | |||||||||||||||
| Cash collateral adjustments | \u2014\u00a0 | \u2014\u00a0 | (54) | (42) | |||||||||||||||||||
| Net derivatives recognized in statement of financial position | $ | 482\u00a0 | $ | 589\u00a0 | $ | 684\u00a0 | $ | 212\u00a0 | |||||||||||||||
| Net accrued interest | $ | \u2014\u00a0 | $ | (4) | $ | 10\u00a0 | $ | 5\u00a0 | |||||||||||||||
| Securities held as collateral | \u2014\u00a0 | \u2014\u00a0 | (2) | \u2014\u00a0 | |||||||||||||||||||
| Net amount | $ | 482\u00a0 | $ | 585\u00a0 | $ | 691\u00a0 | $ | 217\u00a0 |
| FAIR VALUE OF DERIVATIVES | December 31, 2022 | December 31, 2021 | |||||||||||||||||||||
| Gross Notional | Gross Notional | ||||||||||||||||||||||
| Currency exchange contracts | $ | 8,484\u00a0 | $ | 164\u00a0 | $ | 312\u00a0 | $ | 7,214\u00a0 | $ | 114\u00a0 | $ | 122\u00a0 | |||||||||||
| Interest rate contracts | 2,071\u00a0 | 75\u00a0 | 4\u00a0 | ||||||||||||||||||||
| Derivatives accounted for as hedges | $ | 8,484\u00a0 | $ | 164\u00a0 | $ | 312\u00a0 | $ | 9,285\u00a0 | $ | 188\u00a0 | $ | 126\u00a0 | |||||||||||
| Currency exchange contracts | $ | 56,950\u00a0 | $ | 977\u00a0 | $ | 1,118\u00a0 | $ | 64,097\u00a0 | $ | 794\u00a0 | $ | 756\u00a0 | |||||||||||
| Interest rate contracts | 43\u00a0 | \u2014\u00a0 | 1\u00a0 | 1,369\u00a0 | 5\u00a0 | 1\u00a0 | |||||||||||||||||
| Other contracts | 914\u00a0 | 200\u00a0 | 20\u00a0 | 1,674\u00a0 | 387\u00a0 | 10\u00a0 | |||||||||||||||||
| Derivatives not accounted for as hedges | $ | 57,907\u00a0 | $ | 1,178\u00a0 | $ | 1,139\u00a0 | $ | 67,140\u00a0 | $ | 1,186\u00a0 | $ | 767\u00a0 | |||||||||||
| Gross derivatives | $ | 66,392\u00a0 | $ | 1,341\u00a0 | $ | 1,451\u00a0 | $ | 76,425\u00a0 | $ | 1,374\u00a0 | $ | 893\u00a0 | |||||||||||
| Netting and credit adjustments | $ | (859) | $ | (862) | $ | (637) | $ | (639) | |||||||||||||||
| Cash collateral adjustments | \u2014\u00a0 | \u2014\u00a0 | (54) | (42) | |||||||||||||||||||
| Net derivatives recognized in statement of financial position | $ | 482\u00a0 | $ | 589\u00a0 | $ | 684\u00a0 | $ | 212\u00a0 | |||||||||||||||
| Net accrued interest | $ | \u2014\u00a0 | $ | (4) | $ | 10\u00a0 | $ | 5\u00a0 | |||||||||||||||
| Securities held as collateral | \u2014\u00a0 | \u2014\u00a0 | (2) | \u2014\u00a0 | |||||||||||||||||||
| Net amount | $ | 482\u00a0 | $ | 585\u00a0 | $ | 691\u00a0 | $ | 217\u00a0 |
Gain (loss) recognized in AOCI for the year ended December 31 | |||||||||||
| 2022 | 2021 | 2020 | |||||||||
| Cash flow hedges(a) | $ | (206) | $ | (86) | $ | (61) | |||||
| Net investment hedges(b) | 230\u00a0 | 487\u00a0 | (675) |
| 2022 | 2021 | ||||||||||||||||||||||||||||||||||
| Revenues | Debt Extinguishment Costs | Interest Expense | SG&A | Other(a) | Revenues | Debt Extinguishment Costs | Interest Expense | SG&A | Other(a) | ||||||||||||||||||||||||||
| $ | 76,555\u00a0 | $ | 465\u00a0 | $ | 1,607\u00a0 | $ | 12,781\u00a0 | $ | 56,766\u00a0 | $ | 74,196\u00a0 | $ | 6,524\u00a0 | $ | 1,876\u00a0 | $ | 11,716\u00a0 | $ | 56,719\u00a0 | ||||||||||||||||
| Effect of cash flow hedges | $ | (23) | $ | \u2014\u00a0 | $ | (20) | $ | (2) | $ | (34) | $ | 27\u00a0 | $ | \u2014\u00a0 | $ | (40) | $ | 1\u00a0 | $ | (67) | |||||||||||||||
| Hedged items | 127\u00a0 | 70\u00a0 | 1,413\u00a0 | ||||||||||||||||||||||||||||||||
| Derivatives designated as hedging instruments | (143) | (66) | (1,549) | ||||||||||||||||||||||||||||||||
| Effect of fair value hedges | $ | (16) | $ | 3\u00a0 | $ | (135) | |||||||||||||||||||||||||||||
| Currency exchange contracts | $ | 5\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | (133) | $ | (737) | $ | (6) | $ | (16) | $ | (18) | $ | (127) | $ | 44\u00a0 | |||||||||||||||
| Interest rate, commodity and equity contracts(b) | 1\u00a0 | 159\u00a0 | (4) | (135) | 161\u00a0 | 1\u00a0 | 52\u00a0 | (3) | 183\u00a0 | 191\u00a0 | |||||||||||||||||||||||||
| Effect of derivatives not designated as hedges | $ | 7\u00a0 | $ | 159\u00a0 | $ | (4) | $ | (269) | $ | (575) | $ | (5) | $ | 35\u00a0 | $ | (22) | $ | 56\u00a0 | $ | 235\u00a0 | |||||||||||||||
| 2022 | 2021 | 2020 | |||||||||
| Balance at January 1 | $ | 1,891\u00a0 | $ | 2,054\u00a0 | $ | 2,165\u00a0 | |||||
| Current-year provisions(a) | 1,319\u00a0 | 862\u00a0 | 788\u00a0 | ||||||||
| Expenditures | (967) | (945) | (913) | ||||||||
| Other changes | (90) | (81) | 14\u00a0 | ||||||||
| Balance at December 31 | $ | 2,153\u00a0 | $ | 1,891\u00a0 | $ | 2,054\u00a0 |
| 2022 | 2021 | 2020 | |||||||||
| Balance at January 1 | $ | 1,891\u00a0 | $ | 2,054\u00a0 | $ | 2,165\u00a0 | |||||
| Current-year provisions(a) | 1,319\u00a0 | 862\u00a0 | 788\u00a0 | ||||||||
| Expenditures | (967) | (945) | (913) | ||||||||
| Other changes | (90) | (81) | 14\u00a0 | ||||||||
| Balance at December 31 | $ | 2,153\u00a0 | $ | 1,891\u00a0 | $ | 2,054\u00a0 |
| REVENUES | Total revenues | Intersegment revenues | External revenues | ||||||||||||||||||||||||||||||||
| Years ended December 31 | 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | ||||||||||||||||||||||||||
| Aerospace | $ | 26,050\u00a0 | $ | 21,310\u00a0 | $ | 22,042\u00a0 | $ | 660\u00a0 | $ | 1,036\u00a0 | $ | 1,445\u00a0 | $ | 25,390\u00a0 | $ | 20,274\u00a0 | $ | 20,597\u00a0 | |||||||||||||||||
| Renewable Energy | 12,977\u00a0 | 15,697\u00a0 | 15,666\u00a0 | 80\u00a0 | 138\u00a0 | 142\u00a0 | 12,896\u00a0 | 15,559\u00a0 | 15,523\u00a0 | ||||||||||||||||||||||||||
| Power | 16,262\u00a0 | 16,903\u00a0 | 17,589\u00a0 | 267\u00a0 | 345\u00a0 | 352\u00a0 | 15,995\u00a0 | 16,558\u00a0 | 17,237\u00a0 | ||||||||||||||||||||||||||
| HealthCare | 18,461\u00a0 | 17,725\u00a0 | 18,009\u00a0 | \u2014\u00a0 | 1\u00a0 | 1\u00a0 | 18,461\u00a0 | 17,724\u00a0 | 18,008\u00a0 | ||||||||||||||||||||||||||
| Corporate | 2,806\u00a0 | 2,561\u00a0 | 2,528\u00a0 | (1,008) | (1,520) | (1,941) | 3,814\u00a0 | 4,081\u00a0 | 4,468\u00a0 | ||||||||||||||||||||||||||
| Total | $ | 76,555\u00a0 | $ | 74,196\u00a0 | $ | 75,833\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 76,555\u00a0 | $ | 74,196\u00a0 | $ | 75,833\u00a0 |
| Years ended December 31 | |||||||||||||||||||||||||||||||||||
| 2022 | 2021 | 2020 | |||||||||||||||||||||||||||||||||
| Equipment | Services | Total | Equipment | Services | Total | Equipment | Services | Total | |||||||||||||||||||||||||||
| Aerospace | $ | 7,842\u00a0 | $ | 18,207\u00a0 | $ | 26,050\u00a0 | $ | 7,531\u00a0 | $ | 13,780\u00a0 | $ | 21,310\u00a0 | $ | 8,582\u00a0 | $ | 13,460\u00a0 | $ | 22,042\u00a0 | |||||||||||||||||
| Renewable Energy | 10,191\u00a0 | 2,785\u00a0 | 12,977\u00a0 | 13,224\u00a0 | 2,473\u00a0 | 15,697\u00a0 | 12,859\u00a0 | 2,807\u00a0 | 15,666\u00a0 | ||||||||||||||||||||||||||
| Power | 4,737\u00a0 | 11,526\u00a0 | 16,262\u00a0 | 5,035\u00a0 | 11,868\u00a0 | 16,903\u00a0 | 6,707\u00a0 | 10,883\u00a0 | 17,589\u00a0 | ||||||||||||||||||||||||||
| HealthCare | 9,643\u00a0 | 8,818\u00a0 | 18,461\u00a0 | 9,104\u00a0 | 8,620\u00a0 | 17,725\u00a0 | 9,992\u00a0 | 8,017\u00a0 | 18,009\u00a0 | ||||||||||||||||||||||||||
| Total segment revenues | $ | 32,413\u00a0 | $ | 41,336\u00a0 | $ | 73,749\u00a0 | $ | 34,894\u00a0 | $ | 36,741\u00a0 | $ | 71,635\u00a0 | $ | 38,140\u00a0 | $ | 35,166\u00a0 | $ | 73,306\u00a0 |
| SEGMENT REVENUES | Years ended December 31 | ||||||||||||||||
| 2022 | 2021 | 2020 | |||||||||||||||
| Commercial Engines & Services | $ | 18,665\u00a0 | $ | 14,360\u00a0 | $ | 14,479\u00a0 | |||||||||||
| Military | 4,410\u00a0 | 4,136\u00a0 | 4,572\u00a0 | ||||||||||||||
| Systems & Other | 2,975\u00a0 | 2,814\u00a0 | 2,991\u00a0 | ||||||||||||||
| Aerospace | $ | 26,050\u00a0 | $ | 21,310\u00a0 | $ | 22,042\u00a0 | |||||||||||
| Onshore Wind | $ | 8,373\u00a0 | $ | 11,026\u00a0 | $ | 10,881\u00a0 | |||||||||||
| Grid Solutions equipment and services | 3,086\u00a0 | 3,207\u00a0 | 3,585\u00a0 | ||||||||||||||
| Hydro, Offshore Wind and Hybrid Solutions | 1,518\u00a0 | 1,464\u00a0 | 1,200\u00a0 | ||||||||||||||
| Renewable Energy | $ | 12,977\u00a0 | $ | 15,697\u00a0 | $ | 15,666\u00a0 | |||||||||||
| Gas Power | $ | 12,072\u00a0 | $ | 12,080\u00a0 | $ | 12,655\u00a0 | |||||||||||
| Steam Power | 2,643\u00a0 | 3,241\u00a0 | 3,557\u00a0 | ||||||||||||||
| Power Conversion, Nuclear and other | 1,547\u00a0 | 1,582\u00a0 | 1,378\u00a0 | ||||||||||||||
| Power | $ | 16,262\u00a0 | $ | 16,903\u00a0 | $ | 17,589\u00a0 | |||||||||||
| Healthcare Systems | $ | 16,489\u00a0 | $ | 15,694\u00a0 | $ | 15,387\u00a0 | |||||||||||
| Pharmaceutical Diagnostics | 1,972\u00a0 | 2,031\u00a0 | 1,792\u00a0 | ||||||||||||||
| BioPharma | \u2014\u00a0 | \u2014\u00a0 | 830\u00a0 | ||||||||||||||
| HealthCare | $ | 18,461\u00a0 | $ | 17,725\u00a0 | $ | 18,009\u00a0 | |||||||||||
| Total segment revenues | $ | 73,749\u00a0 | $ | 71,635\u00a0 | $ | 73,306\u00a0 | |||||||||||
| Corporate | $ | 2,806\u00a0 | $ | 2,561\u00a0 | $ | 2,528\u00a0 | |||||||||||
| Total revenues | $ | 76,555\u00a0 | $ | 74,196\u00a0 | $ | 75,833\u00a0 |
Year ended December 31, 2022 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| U.S. | $ | 10,722\u00a0 | $ | 6,265\u00a0 | $ | 5,121\u00a0 | $ | 8,078\u00a0 | $ | 2,850 | $ | 33,036\u00a0 | ||||||||
| Non-U.S. | ||||||||||||||||||||
| Europe | 6,013\u00a0 | 3,023\u00a0 | 3,484\u00a0 | 3,697\u00a0 | 68 | 16,284\u00a0 | ||||||||||||||
| China region | 2,154\u00a0 | 216\u00a0 | 1,173\u00a0 | 2,525\u00a0 | (5) | 6,062\u00a0 | ||||||||||||||
| Asia (excluding China region) | 2,731\u00a0 | 1,396\u00a0 | 2,101\u00a0 | 2,225\u00a0 | (129) | 8,324\u00a0 | ||||||||||||||
| Americas | 1,713\u00a0 | 1,120\u00a0 | 1,931\u00a0 | 1,038\u00a0 | (14) | 5,788\u00a0 | ||||||||||||||
| Middle East and Africa | 2,719\u00a0 | 956\u00a0 | 2,453\u00a0 | 897\u00a0 | 36 | 7,060\u00a0 | ||||||||||||||
| Total Non-U.S. | $ | 15,328\u00a0 | $ | 6,711\u00a0 | $ | 11,142\u00a0 | $ | 10,383\u00a0 | $ | (44) | $ | 43,519\u00a0 | ||||||||
| Total geographic revenues | $ | 26,050\u00a0 | $ | 12,977\u00a0 | $ | 16,262\u00a0 | $ | 18,461\u00a0 | $ | 2,806 | $ | 76,555\u00a0 | ||||||||
| Non-U.S. revenues as a % of total revenues | 59\u00a0 | % | 52\u00a0 | % | 69\u00a0 | % | 56\u00a0 | % | 57\u00a0 | % |
Year ended December 31, 2021 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| U.S. | $ | 9,675\u00a0 | $ | 7,275\u00a0 | $ | 6,186\u00a0 | $ | 7,229\u00a0 | $ | 2,473 | $ | 32,838\u00a0 | ||||||||
| Non-U.S. | ||||||||||||||||||||
| Europe | 3,920\u00a0 | 3,651\u00a0 | 3,621\u00a0 | 3,702\u00a0 | 52 | 14,946\u00a0 | ||||||||||||||
| China region | 2,419\u00a0 | 464\u00a0 | 1,145\u00a0 | 2,700\u00a0 | 16 | 6,744\u00a0 | ||||||||||||||
| Asia (excluding China region) | 1,758\u00a0 | 1,959\u00a0 | 2,090\u00a0 | 2,345\u00a0 | (45) | 8,107\u00a0 | ||||||||||||||
| Americas | 1,310\u00a0 | 1,009\u00a0 | 1,239\u00a0 | 923\u00a0 | (4) | 4,476\u00a0 | ||||||||||||||
| Middle East and Africa | 2,228\u00a0 | 1,340\u00a0 | 2,622\u00a0 | 826\u00a0 | 69 | 7,085\u00a0 | ||||||||||||||
| Total Non-U.S. | $ | 11,635\u00a0 | $ | 8,422\u00a0 | $ | 10,717\u00a0 | $ | 10,496\u00a0 | $ | 88 | $ | 41,358\u00a0 | ||||||||
| Total geographic revenues | $ | 21,310\u00a0 | $ | 15,697\u00a0 | $ | 16,903\u00a0 | $ | 17,725\u00a0 | $ | 2,561 | $ | 74,196\u00a0 | ||||||||
| Non-U.S. revenues as a % of total revenues | 55\u00a0 | % | 54\u00a0 | % | 63\u00a0 | % | 59\u00a0 | % | 56\u00a0 | % |
Year ended December 31, 2020 | ||||||||||||||||||||
| U.S. | $ | 11,239\u00a0 | $ | 7,846\u00a0 | $ | 6,186\u00a0 | $ | 7,611\u00a0 | $ | 2,336 | $ | 35,217\u00a0 | ||||||||
| Non-U.S. | ||||||||||||||||||||
| Europe | 4,288\u00a0 | 3,047\u00a0 | 2,895\u00a0 | 3,952\u00a0 | 159 | 14,342\u00a0 | ||||||||||||||
| China region | 2,078\u00a0 | 1,156\u00a0 | 1,253\u00a0 | 2,455\u00a0 | 35 | 6,978\u00a0 | ||||||||||||||
| Asia (excluding China region) | 1,842\u00a0 | 1,484\u00a0 | 2,707\u00a0 | 2,264\u00a0 | (55) | 8,241\u00a0 | ||||||||||||||
| Americas | 882\u00a0 | 819\u00a0 | 1,483\u00a0 | 879\u00a0 | 1 | 4,064\u00a0 | ||||||||||||||
| Middle East and Africa | 1,713\u00a0 | 1,314\u00a0 | 3,064\u00a0 | 848\u00a0 | 52 | 6,991\u00a0 | ||||||||||||||
| Total Non-U.S. | $ | 10,803\u00a0 | $ | 7,820\u00a0 | $ | 11,403\u00a0 | $ | 10,398\u00a0 | $ | 192 | $ | 40,616\u00a0 | ||||||||
| Total geographic revenues | $ | 22,042\u00a0 | $ | 15,666\u00a0 | $ | 17,589\u00a0 | $ | 18,009\u00a0 | $ | 2,528 | $ | 75,833\u00a0 | ||||||||
| Non-U.S. revenues as a % of total revenues | 49\u00a0 | % | 50\u00a0 | % | 65\u00a0 | % | 58\u00a0 | % | 54\u00a0 | % |
PROFIT AND EARNINGS For the years ended December 31 | 2022 | 2021 | 2020 | ||||||||
| Aerospace | $ | 4,775\u00a0 | $ | 2,882\u00a0 | $ | 1,229\u00a0 | |||||
| Renewable Energy | (2,240) | (795) | (715) | ||||||||
| Power | 1,217\u00a0 | 726\u00a0 | 274\u00a0 | ||||||||
| HealthCare | 2,705\u00a0 | 2,966\u00a0 | 3,060\u00a0 | ||||||||
| Total segment profit (loss) | 6,456\u00a0 | 5,778\u00a0 | 3,848\u00a0 | ||||||||
| Corporate(a) | (3,413) | 892\u00a0 | 8,061\u00a0 | ||||||||
| Interest and other financial charges | (1,552) | (1,813) | (2,018) | ||||||||
| Debt extinguishment costs | (465) | (6,524) | (301) | ||||||||
| Non-operating benefit income (cost) | 532\u00a0 | (1,782) | (2,430) | ||||||||
| Goodwill impairments | \u2014\u00a0 | \u2014\u00a0 | (877) | ||||||||
| Benefit (provision) for income taxes | (689) | 124\u00a0 | 333\u00a0 | ||||||||
| Preferred stock dividends | (289) | (237) | (474) | ||||||||
| Earnings (loss) from continuing operations attributable to\u00a0GE common shareholders | 581\u00a0 | (3,562) | 6,141\u00a0 | ||||||||
| Earnings (loss) from discontinued operations attributable to GE common shareholders | (644) | (3,195) | (911) | ||||||||
| Net earnings (loss) attributable to GE common shareholders | $ | (64) | $ | (6,757) | $ | 5,230\u00a0 |
| Assets | Property, plant and equipment additions(a) | Depreciation and amortization | |||||||||||||||||||||||||||||||||
| At December 31 | For the years ended December 31 | For the years ended December 31 | |||||||||||||||||||||||||||||||||
| 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | |||||||||||||||||||||||||||
| Aerospace | $ | 39,243\u00a0 | $ | 38,298\u00a0 | $ | 38,634\u00a0 | $ | 543\u00a0 | $ | 445\u00a0 | $ | 737\u00a0 | $ | 1,037\u00a0 | $ | 1,074\u00a0 | $ | 1,142\u00a0 | |||||||||||||||||
| Renewable Energy | 15,719\u00a0 | 14,804\u00a0 | 15,927\u00a0 | 275\u00a0 | 349\u00a0 | 302\u00a0 | 412\u00a0 | 432\u00a0 | 413\u00a0 | ||||||||||||||||||||||||||
| Power | 22,173\u00a0 | 23,569\u00a0 | 24,453\u00a0 | 210\u00a0 | 189\u00a0 | 245\u00a0 | 506\u00a0 | 692\u00a0 | 749\u00a0 | ||||||||||||||||||||||||||
| HealthCare | 26,070\u00a0 | 24,770\u00a0 | 22,229\u00a0 | 310\u00a0 | 278\u00a0 | 256\u00a0 | 640\u00a0 | 641\u00a0 | 628\u00a0 | ||||||||||||||||||||||||||
| Corporate(b)(c) | 81,692\u00a0 | 94,256\u00a0 | 114,220\u00a0 | 34\u00a0 | 25\u00a0 | 40\u00a0 | 948\u00a0 | 168\u00a0 | 531\u00a0 | ||||||||||||||||||||||||||
| Total continuing | $ | 184,896\u00a0 | $ | 195,697\u00a0 | $ | 215,463\u00a0 | $ | 1,371\u00a0 | $ | 1,286\u00a0 | $ | 1,579\u00a0 | $ | 3,543\u00a0 | $ | 3,009\u00a0 | $ | 3,464\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| U.S. | $ | 126,005\u00a0 | $ | 130,956\u00a0 | ||||
| Non-U.S. | ||||||||
| Europe | 36,603\u00a0 | 42,213\u00a0 | ||||||
| Asia | 11,317\u00a0 | 11,534\u00a0 | ||||||
| Americas | 6,405\u00a0 | 6,406\u00a0 | ||||||
| Other Global | 4,566\u00a0 | 4,588\u00a0 | ||||||
| Total Non-U.S. | $ | 58,892\u00a0 | $ | 64,741\u00a0 | ||||
| Total assets (Continuing operations) | $ | 184,896\u00a0 | $ | 195,697\u00a0 |
| REVENUES | Total revenues | Intersegment revenues | External revenues | ||||||||||||||||||||||||||||||||
| Years ended December 31 | 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | ||||||||||||||||||||||||||
| Aerospace | $ | 26,050\u00a0 | $ | 21,310\u00a0 | $ | 22,042\u00a0 | $ | 660\u00a0 | $ | 1,036\u00a0 | $ | 1,445\u00a0 | $ | 25,390\u00a0 | $ | 20,274\u00a0 | $ | 20,597\u00a0 | |||||||||||||||||
| Renewable Energy | 12,977\u00a0 | 15,697\u00a0 | 15,666\u00a0 | 80\u00a0 | 138\u00a0 | 142\u00a0 | 12,896\u00a0 | 15,559\u00a0 | 15,523\u00a0 | ||||||||||||||||||||||||||
| Power | 16,262\u00a0 | 16,903\u00a0 | 17,589\u00a0 | 267\u00a0 | 345\u00a0 | 352\u00a0 | 15,995\u00a0 | 16,558\u00a0 | 17,237\u00a0 | ||||||||||||||||||||||||||
| HealthCare | 18,461\u00a0 | 17,725\u00a0 | 18,009\u00a0 | \u2014\u00a0 | 1\u00a0 | 1\u00a0 | 18,461\u00a0 | 17,724\u00a0 | 18,008\u00a0 | ||||||||||||||||||||||||||
| Corporate | 2,806\u00a0 | 2,561\u00a0 | 2,528\u00a0 | (1,008) | (1,520) | (1,941) | 3,814\u00a0 | 4,081\u00a0 | 4,468\u00a0 | ||||||||||||||||||||||||||
| Total | $ | 76,555\u00a0 | $ | 74,196\u00a0 | $ | 75,833\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | \u2014\u00a0 | $ | 76,555\u00a0 | $ | 74,196\u00a0 | $ | 75,833\u00a0 |
| Years ended December 31 | |||||||||||||||||||||||||||||||||||
| 2022 | 2021 | 2020 | |||||||||||||||||||||||||||||||||
| Equipment | Services | Total | Equipment | Services | Total | Equipment | Services | Total | |||||||||||||||||||||||||||
| Aerospace | $ | 7,842\u00a0 | $ | 18,207\u00a0 | $ | 26,050\u00a0 | $ | 7,531\u00a0 | $ | 13,780\u00a0 | $ | 21,310\u00a0 | $ | 8,582\u00a0 | $ | 13,460\u00a0 | $ | 22,042\u00a0 | |||||||||||||||||
| Renewable Energy | 10,191\u00a0 | 2,785\u00a0 | 12,977\u00a0 | 13,224\u00a0 | 2,473\u00a0 | 15,697\u00a0 | 12,859\u00a0 | 2,807\u00a0 | 15,666\u00a0 | ||||||||||||||||||||||||||
| Power | 4,737\u00a0 | 11,526\u00a0 | 16,262\u00a0 | 5,035\u00a0 | 11,868\u00a0 | 16,903\u00a0 | 6,707\u00a0 | 10,883\u00a0 | 17,589\u00a0 | ||||||||||||||||||||||||||
| HealthCare | 9,643\u00a0 | 8,818\u00a0 | 18,461\u00a0 | 9,104\u00a0 | 8,620\u00a0 | 17,725\u00a0 | 9,992\u00a0 | 8,017\u00a0 | 18,009\u00a0 | ||||||||||||||||||||||||||
| Total segment revenues | $ | 32,413\u00a0 | $ | 41,336\u00a0 | $ | 73,749\u00a0 | $ | 34,894\u00a0 | $ | 36,741\u00a0 | $ | 71,635\u00a0 | $ | 38,140\u00a0 | $ | 35,166\u00a0 | $ | 73,306\u00a0 |
| SEGMENT REVENUES | Years ended December 31 | ||||||||||||||||
| 2022 | 2021 | 2020 | |||||||||||||||
| Commercial Engines & Services | $ | 18,665\u00a0 | $ | 14,360\u00a0 | $ | 14,479\u00a0 | |||||||||||
| Military | 4,410\u00a0 | 4,136\u00a0 | 4,572\u00a0 | ||||||||||||||
| Systems & Other | 2,975\u00a0 | 2,814\u00a0 | 2,991\u00a0 | ||||||||||||||
| Aerospace | $ | 26,050\u00a0 | $ | 21,310\u00a0 | $ | 22,042\u00a0 | |||||||||||
| Onshore Wind | $ | 8,373\u00a0 | $ | 11,026\u00a0 | $ | 10,881\u00a0 | |||||||||||
| Grid Solutions equipment and services | 3,086\u00a0 | 3,207\u00a0 | 3,585\u00a0 | ||||||||||||||
| Hydro, Offshore Wind and Hybrid Solutions | 1,518\u00a0 | 1,464\u00a0 | 1,200\u00a0 | ||||||||||||||
| Renewable Energy | $ | 12,977\u00a0 | $ | 15,697\u00a0 | $ | 15,666\u00a0 | |||||||||||
| Gas Power | $ | 12,072\u00a0 | $ | 12,080\u00a0 | $ | 12,655\u00a0 | |||||||||||
| Steam Power | 2,643\u00a0 | 3,241\u00a0 | 3,557\u00a0 | ||||||||||||||
| Power Conversion, Nuclear and other | 1,547\u00a0 | 1,582\u00a0 | 1,378\u00a0 | ||||||||||||||
| Power | $ | 16,262\u00a0 | $ | 16,903\u00a0 | $ | 17,589\u00a0 | |||||||||||
| Healthcare Systems | $ | 16,489\u00a0 | $ | 15,694\u00a0 | $ | 15,387\u00a0 | |||||||||||
| Pharmaceutical Diagnostics | 1,972\u00a0 | 2,031\u00a0 | 1,792\u00a0 | ||||||||||||||
| BioPharma | \u2014\u00a0 | \u2014\u00a0 | 830\u00a0 | ||||||||||||||
| HealthCare | $ | 18,461\u00a0 | $ | 17,725\u00a0 | $ | 18,009\u00a0 | |||||||||||
| Total segment revenues | $ | 73,749\u00a0 | $ | 71,635\u00a0 | $ | 73,306\u00a0 | |||||||||||
| Corporate | $ | 2,806\u00a0 | $ | 2,561\u00a0 | $ | 2,528\u00a0 | |||||||||||
| Total revenues | $ | 76,555\u00a0 | $ | 74,196\u00a0 | $ | 75,833\u00a0 |
Year ended December 31, 2022 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| U.S. | $ | 10,722\u00a0 | $ | 6,265\u00a0 | $ | 5,121\u00a0 | $ | 8,078\u00a0 | $ | 2,850 | $ | 33,036\u00a0 | ||||||||
| Non-U.S. | ||||||||||||||||||||
| Europe | 6,013\u00a0 | 3,023\u00a0 | 3,484\u00a0 | 3,697\u00a0 | 68 | 16,284\u00a0 | ||||||||||||||
| China region | 2,154\u00a0 | 216\u00a0 | 1,173\u00a0 | 2,525\u00a0 | (5) | 6,062\u00a0 | ||||||||||||||
| Asia (excluding China region) | 2,731\u00a0 | 1,396\u00a0 | 2,101\u00a0 | 2,225\u00a0 | (129) | 8,324\u00a0 | ||||||||||||||
| Americas | 1,713\u00a0 | 1,120\u00a0 | 1,931\u00a0 | 1,038\u00a0 | (14) | 5,788\u00a0 | ||||||||||||||
| Middle East and Africa | 2,719\u00a0 | 956\u00a0 | 2,453\u00a0 | 897\u00a0 | 36 | 7,060\u00a0 | ||||||||||||||
| Total Non-U.S. | $ | 15,328\u00a0 | $ | 6,711\u00a0 | $ | 11,142\u00a0 | $ | 10,383\u00a0 | $ | (44) | $ | 43,519\u00a0 | ||||||||
| Total geographic revenues | $ | 26,050\u00a0 | $ | 12,977\u00a0 | $ | 16,262\u00a0 | $ | 18,461\u00a0 | $ | 2,806 | $ | 76,555\u00a0 | ||||||||
| Non-U.S. revenues as a % of total revenues | 59\u00a0 | % | 52\u00a0 | % | 69\u00a0 | % | 56\u00a0 | % | 57\u00a0 | % |
Year ended December 31, 2021 | Aerospace | Renewable Energy | Power | HealthCare | Corporate | Total | ||||||||||||||
| U.S. | $ | 9,675\u00a0 | $ | 7,275\u00a0 | $ | 6,186\u00a0 | $ | 7,229\u00a0 | $ | 2,473 | $ | 32,838\u00a0 | ||||||||
| Non-U.S. | ||||||||||||||||||||
| Europe | 3,920\u00a0 | 3,651\u00a0 | 3,621\u00a0 | 3,702\u00a0 | 52 | 14,946\u00a0 | ||||||||||||||
| China region | 2,419\u00a0 | 464\u00a0 | 1,145\u00a0 | 2,700\u00a0 | 16 | 6,744\u00a0 | ||||||||||||||
| Asia (excluding China region) | 1,758\u00a0 | 1,959\u00a0 | 2,090\u00a0 | 2,345\u00a0 | (45) | 8,107\u00a0 | ||||||||||||||
| Americas | 1,310\u00a0 | 1,009\u00a0 | 1,239\u00a0 | 923\u00a0 | (4) | 4,476\u00a0 | ||||||||||||||
| Middle East and Africa | 2,228\u00a0 | 1,340\u00a0 | 2,622\u00a0 | 826\u00a0 | 69 | 7,085\u00a0 | ||||||||||||||
| Total Non-U.S. | $ | 11,635\u00a0 | $ | 8,422\u00a0 | $ | 10,717\u00a0 | $ | 10,496\u00a0 | $ | 88 | $ | 41,358\u00a0 | ||||||||
| Total geographic revenues | $ | 21,310\u00a0 | $ | 15,697\u00a0 | $ | 16,903\u00a0 | $ | 17,725\u00a0 | $ | 2,561 | $ | 74,196\u00a0 | ||||||||
| Non-U.S. revenues as a % of total revenues | 55\u00a0 | % | 54\u00a0 | % | 63\u00a0 | % | 59\u00a0 | % | 56\u00a0 | % |
Year ended December 31, 2020 | ||||||||||||||||||||
| U.S. | $ | 11,239\u00a0 | $ | 7,846\u00a0 | $ | 6,186\u00a0 | $ | 7,611\u00a0 | $ | 2,336 | $ | 35,217\u00a0 | ||||||||
| Non-U.S. | ||||||||||||||||||||
| Europe | 4,288\u00a0 | 3,047\u00a0 | 2,895\u00a0 | 3,952\u00a0 | 159 | 14,342\u00a0 | ||||||||||||||
| China region | 2,078\u00a0 | 1,156\u00a0 | 1,253\u00a0 | 2,455\u00a0 | 35 | 6,978\u00a0 | ||||||||||||||
| Asia (excluding China region) | 1,842\u00a0 | 1,484\u00a0 | 2,707\u00a0 | 2,264\u00a0 | (55) | 8,241\u00a0 | ||||||||||||||
| Americas | 882\u00a0 | 819\u00a0 | 1,483\u00a0 | 879\u00a0 | 1 | 4,064\u00a0 | ||||||||||||||
| Middle East and Africa | 1,713\u00a0 | 1,314\u00a0 | 3,064\u00a0 | 848\u00a0 | 52 | 6,991\u00a0 | ||||||||||||||
| Total Non-U.S. | $ | 10,803\u00a0 | $ | 7,820\u00a0 | $ | 11,403\u00a0 | $ | 10,398\u00a0 | $ | 192 | $ | 40,616\u00a0 | ||||||||
| Total geographic revenues | $ | 22,042\u00a0 | $ | 15,666\u00a0 | $ | 17,589\u00a0 | $ | 18,009\u00a0 | $ | 2,528 | $ | 75,833\u00a0 | ||||||||
| Non-U.S. revenues as a % of total revenues | 49\u00a0 | % | 50\u00a0 | % | 65\u00a0 | % | 58\u00a0 | % | 54\u00a0 | % |
PROFIT AND EARNINGS For the years ended December 31 | 2022 | 2021 | 2020 | ||||||||
| Aerospace | $ | 4,775\u00a0 | $ | 2,882\u00a0 | $ | 1,229\u00a0 | |||||
| Renewable Energy | (2,240) | (795) | (715) | ||||||||
| Power | 1,217\u00a0 | 726\u00a0 | 274\u00a0 | ||||||||
| HealthCare | 2,705\u00a0 | 2,966\u00a0 | 3,060\u00a0 | ||||||||
| Total segment profit (loss) | 6,456\u00a0 | 5,778\u00a0 | 3,848\u00a0 | ||||||||
| Corporate(a) | (3,413) | 892\u00a0 | 8,061\u00a0 | ||||||||
| Interest and other financial charges | (1,552) | (1,813) | (2,018) | ||||||||
| Debt extinguishment costs | (465) | (6,524) | (301) | ||||||||
| Non-operating benefit income (cost) | 532\u00a0 | (1,782) | (2,430) | ||||||||
| Goodwill impairments | \u2014\u00a0 | \u2014\u00a0 | (877) | ||||||||
| Benefit (provision) for income taxes | (689) | 124\u00a0 | 333\u00a0 | ||||||||
| Preferred stock dividends | (289) | (237) | (474) | ||||||||
| Earnings (loss) from continuing operations attributable to\u00a0GE common shareholders | 581\u00a0 | (3,562) | 6,141\u00a0 | ||||||||
| Earnings (loss) from discontinued operations attributable to GE common shareholders | (644) | (3,195) | (911) | ||||||||
| Net earnings (loss) attributable to GE common shareholders | $ | (64) | $ | (6,757) | $ | 5,230\u00a0 |
| Assets | Property, plant and equipment additions(a) | Depreciation and amortization | |||||||||||||||||||||||||||||||||
| At December 31 | For the years ended December 31 | For the years ended December 31 | |||||||||||||||||||||||||||||||||
| 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | |||||||||||||||||||||||||||
| Aerospace | $ | 39,243\u00a0 | $ | 38,298\u00a0 | $ | 38,634\u00a0 | $ | 543\u00a0 | $ | 445\u00a0 | $ | 737\u00a0 | $ | 1,037\u00a0 | $ | 1,074\u00a0 | $ | 1,142\u00a0 | |||||||||||||||||
| Renewable Energy | 15,719\u00a0 | 14,804\u00a0 | 15,927\u00a0 | 275\u00a0 | 349\u00a0 | 302\u00a0 | 412\u00a0 | 432\u00a0 | 413\u00a0 | ||||||||||||||||||||||||||
| Power | 22,173\u00a0 | 23,569\u00a0 | 24,453\u00a0 | 210\u00a0 | 189\u00a0 | 245\u00a0 | 506\u00a0 | 692\u00a0 | 749\u00a0 | ||||||||||||||||||||||||||
| HealthCare | 26,070\u00a0 | 24,770\u00a0 | 22,229\u00a0 | 310\u00a0 | 278\u00a0 | 256\u00a0 | 640\u00a0 | 641\u00a0 | 628\u00a0 | ||||||||||||||||||||||||||
| Corporate(b)(c) | 81,692\u00a0 | 94,256\u00a0 | 114,220\u00a0 | 34\u00a0 | 25\u00a0 | 40\u00a0 | 948\u00a0 | 168\u00a0 | 531\u00a0 | ||||||||||||||||||||||||||
| Total continuing | $ | 184,896\u00a0 | $ | 195,697\u00a0 | $ | 215,463\u00a0 | $ | 1,371\u00a0 | $ | 1,286\u00a0 | $ | 1,579\u00a0 | $ | 3,543\u00a0 | $ | 3,009\u00a0 | $ | 3,464\u00a0 |
| December 31 | 2022 | 2021 | ||||||
| U.S. | $ | 126,005\u00a0 | $ | 130,956\u00a0 | ||||
| Non-U.S. | ||||||||
| Europe | 36,603\u00a0 | 42,213\u00a0 | ||||||
| Asia | 11,317\u00a0 | 11,534\u00a0 | ||||||
| Americas | 6,405\u00a0 | 6,406\u00a0 | ||||||
| Other Global | 4,566\u00a0 | 4,588\u00a0 | ||||||
| Total Non-U.S. | $ | 58,892\u00a0 | $ | 64,741\u00a0 | ||||
| Total assets (Continuing operations) | $ | 184,896\u00a0 | $ | 195,697\u00a0 |
| For the years ended December 31 | 2022(a) | 2021(b) | 2020 | ||||||||
| Revenues | $ | \u2014\u00a0 | $ | 16,997\u00a0 | $ | 20,705\u00a0 | |||||
| Gross Profit | \u2014\u00a0 | 3,276\u00a0 | 3,199\u00a0 | ||||||||
| Net income (loss) | \u2014\u00a0 | (546) | (15,761) | ||||||||
| Net income (loss) attributable to the entity | \u2014\u00a0 | (407) | (9,940) |
| For the year ended December 31 | 2022(a) | ||||
| Revenues | $ | 6,627\u00a0 | |||
| Net income (loss) | (1,128) | ||||
| Net income (loss) attributable to the entity | (1,132) |
| As of December 31 | 2022(a) | ||||
| Flight equipment held for operating leases, net | $ | 54,611\u00a0 | |||
| Other | 15,200\u00a0 | ||||
| Total assets | $ | 69,811\u00a0 | |||
| Debt | $ | 47,350\u00a0 | |||
| Other | 6,817\u00a0 | ||||
| Total liabilities | $ | 54,167\u00a0 | |||
| Noncontrolling interests | $ | 77\u00a0 |
| For the years ended December 31 | 2022 | 2021 | 2020 | ||||||||
| Revenues | $ | 23,317\u00a0 | $ | 17,118\u00a0 | $ | 15,931\u00a0 | |||||
| Gross Profit | 312\u00a0 | 284\u00a0 | 359\u00a0 | ||||||||
| Net income (loss) | 249\u00a0 | (123) | 327\u00a0 | ||||||||
| Net income (loss) attributable to the entity | 237\u00a0 | (140) | 312\u00a0 | ||||||||
| As of December 31 | 2022 | 2021 | ||||||
| Current assets | $ | 13,328\u00a0 | $ | 8,845\u00a0 | ||||
| Total assets | $ | 14,327\u00a0 | $ | 9,941\u00a0 | ||||
| Current liabilities | $ | 12,828\u00a0 | $ | 8,435\u00a0 | ||||
| Total liabilities | $ | 12,887\u00a0 | $ | 8,470\u00a0 | ||||
| Noncontrolling interests | $ | 153\u00a0 | $ | 147\u00a0 |
| For the years ended December 31 | 2022(a) | 2021(b) | 2020 | ||||||||
| Revenues | $ | \u2014\u00a0 | $ | 16,997\u00a0 | $ | 20,705\u00a0 | |||||
| Gross Profit | \u2014\u00a0 | 3,276\u00a0 | 3,199\u00a0 | ||||||||
| Net income (loss) | \u2014\u00a0 | (546) | (15,761) | ||||||||
| Net income (loss) attributable to the entity | \u2014\u00a0 | (407) | (9,940) |
| For the year ended December 31 | 2022(a) | ||||
| Revenues | $ | 6,627\u00a0 | |||
| Net income (loss) | (1,128) | ||||
| Net income (loss) attributable to the entity | (1,132) |
| As of December 31 | 2022(a) | ||||
| Flight equipment held for operating leases, net | $ | 54,611\u00a0 | |||
| Other | 15,200\u00a0 | ||||
| Total assets | $ | 69,811\u00a0 | |||
| Debt | $ | 47,350\u00a0 | |||
| Other | 6,817\u00a0 | ||||
| Total liabilities | $ | 54,167\u00a0 | |||
| Noncontrolling interests | $ | 77\u00a0 |
| For the years ended December 31 | 2022 | 2021 | 2020 | ||||||||
| Revenues | $ | 23,317\u00a0 | $ | 17,118\u00a0 | $ | 15,931\u00a0 | |||||
| Gross Profit | 312\u00a0 | 284\u00a0 | 359\u00a0 | ||||||||
| Net income (loss) | 249\u00a0 | (123) | 327\u00a0 | ||||||||
| Net income (loss) attributable to the entity | 237\u00a0 | (140) | 312\u00a0 | ||||||||
| As of December 31 | 2022 | 2021 | ||||||
| Current assets | $ | 13,328\u00a0 | $ | 8,845\u00a0 | ||||
| Total assets | $ | 14,327\u00a0 | $ | 9,941\u00a0 | ||||
| Current liabilities | $ | 12,828\u00a0 | $ | 8,435\u00a0 | ||||
| Total liabilities | $ | 12,887\u00a0 | $ | 8,470\u00a0 | ||||
| Noncontrolling interests | $ | 153\u00a0 | $ | 147\u00a0 |
| First quarter | Second quarter | Third quarter | Fourth quarter | ||||||||||||||||||||||||||||||||
| (Per-share amounts in dollars) | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | |||||||||||||||||||||||||||
| Total revenues | $ | 17,040\u00a0 | $ | 17,071\u00a0 | $ | 18,646\u00a0 | $ | 18,253\u00a0 | $ | 19,084\u00a0 | $ | 18,569\u00a0 | $ | 21,786\u00a0 | $ | 20,303\u00a0 | |||||||||||||||||||
| Sales of equipment and services | 16,272\u00a0 | 16,316\u00a0 | 17,880\u00a0 | 17,470\u00a0 | 18,438\u00a0 | 17,813\u00a0 | 21,011\u00a0 | 19,492\u00a0 | |||||||||||||||||||||||||||
| Cost of equipment and services sold | 12,453\u00a0 | 12,538\u00a0 | 13,244\u00a0 | 13,618\u00a0 | 14,371\u00a0 | 13,401\u00a0 | 15,467\u00a0 | 14,338\u00a0 | |||||||||||||||||||||||||||
| Earnings (loss) from continuing operations | (729) | 97\u00a0 | (561) | (571) | (76) | 582\u00a0 | 2,302\u00a0 | (3,504) | |||||||||||||||||||||||||||
| Earnings (loss) from discontinued operations | (286) | (2,894) | (210) | (564) | (85) | 602\u00a0 | (64) | (339) | |||||||||||||||||||||||||||
| Net earnings (loss) | (1,014) | (2,798) | (771) | (1,135) | (160) | 1,184\u00a0 | 2,238\u00a0 | (3,843) | |||||||||||||||||||||||||||
Less net earnings (loss) attributable to noncontrolling interests | 28\u00a0 | 5\u00a0 | 19\u00a0 | (3) | 4\u00a0 | (73) | 16\u00a0 | 1\u00a0 | |||||||||||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ | (1,042) | $ | (2,802) | $ | (790) | $ | (1,131) | $ | (165) | $ | 1,257\u00a0 | $ | 2,222\u00a0 | $ | (3,843) | |||||||||||||||||||
Per-share amounts \u2013 earnings (loss) from continuing operations | |||||||||||||||||||||||||||||||||||
| Diluted earnings (loss) per share | $ | (0.74) | $ | 0.02\u00a0 | $ | (0.59) | $ | (0.57) | $ | (0.14) | $ | 0.54\u00a0 | $ | 1.99\u00a0 | $ | (3.24) | |||||||||||||||||||
| Basic earnings (loss) per share | (0.74) | 0.02\u00a0 | (0.59) | (0.57) | (0.14) | 0.54\u00a0 | 2.01\u00a0 | (3.24) | |||||||||||||||||||||||||||
Per-share amounts \u2013 earnings (loss) from discontinued operations | |||||||||||||||||||||||||||||||||||
| Diluted earnings (loss) per share | (0.26) | (2.63) | (0.19) | (0.51) | (0.08) | 0.54\u00a0 | (0.06) | (0.31) | |||||||||||||||||||||||||||
| Basic earnings (loss) per share | (0.26) | (2.64) | (0.19) | (0.51) | (0.08) | 0.55\u00a0 | (0.06) | (0.31) | |||||||||||||||||||||||||||
| Per-share amounts \u2013 net earnings (loss) | |||||||||||||||||||||||||||||||||||
| Diluted earnings (loss) per share | (0.99) | (2.61) | (0.78) | (1.08) | (0.21) | 1.08\u00a0 | 1.93\u00a0 | (3.55) | |||||||||||||||||||||||||||
| Basic earnings (loss) per share | (0.99) | (2.62) | (0.78) | (1.08) | (0.21) | 1.09\u00a0 | 1.95\u00a0 | (3.55) | |||||||||||||||||||||||||||
| Dividends declared | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 |
| First quarter | Second quarter | Third quarter | Fourth quarter | ||||||||||||||||||||||||||||||||
| (Per-share amounts in dollars) | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | |||||||||||||||||||||||||||
| Total revenues | $ | 17,040\u00a0 | $ | 17,071\u00a0 | $ | 18,646\u00a0 | $ | 18,253\u00a0 | $ | 19,084\u00a0 | $ | 18,569\u00a0 | $ | 21,786\u00a0 | $ | 20,303\u00a0 | |||||||||||||||||||
| Sales of equipment and services | 16,272\u00a0 | 16,316\u00a0 | 17,880\u00a0 | 17,470\u00a0 | 18,438\u00a0 | 17,813\u00a0 | 21,011\u00a0 | 19,492\u00a0 | |||||||||||||||||||||||||||
| Cost of equipment and services sold | 12,453\u00a0 | 12,538\u00a0 | 13,244\u00a0 | 13,618\u00a0 | 14,371\u00a0 | 13,401\u00a0 | 15,467\u00a0 | 14,338\u00a0 | |||||||||||||||||||||||||||
| Earnings (loss) from continuing operations | (729) | 97\u00a0 | (561) | (571) | (76) | 582\u00a0 | 2,302\u00a0 | (3,504) | |||||||||||||||||||||||||||
| Earnings (loss) from discontinued operations | (286) | (2,894) | (210) | (564) | (85) | 602\u00a0 | (64) | (339) | |||||||||||||||||||||||||||
| Net earnings (loss) | (1,014) | (2,798) | (771) | (1,135) | (160) | 1,184\u00a0 | 2,238\u00a0 | (3,843) | |||||||||||||||||||||||||||
Less net earnings (loss) attributable to noncontrolling interests | 28\u00a0 | 5\u00a0 | 19\u00a0 | (3) | 4\u00a0 | (73) | 16\u00a0 | 1\u00a0 | |||||||||||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ | (1,042) | $ | (2,802) | $ | (790) | $ | (1,131) | $ | (165) | $ | 1,257\u00a0 | $ | 2,222\u00a0 | $ | (3,843) | |||||||||||||||||||
Per-share amounts \u2013 earnings (loss) from continuing operations | |||||||||||||||||||||||||||||||||||
| Diluted earnings (loss) per share | $ | (0.74) | $ | 0.02\u00a0 | $ | (0.59) | $ | (0.57) | $ | (0.14) | $ | 0.54\u00a0 | $ | 1.99\u00a0 | $ | (3.24) | |||||||||||||||||||
| Basic earnings (loss) per share | (0.74) | 0.02\u00a0 | (0.59) | (0.57) | (0.14) | 0.54\u00a0 | 2.01\u00a0 | (3.24) | |||||||||||||||||||||||||||
Per-share amounts \u2013 earnings (loss) from discontinued operations | |||||||||||||||||||||||||||||||||||
| Diluted earnings (loss) per share | (0.26) | (2.63) | (0.19) | (0.51) | (0.08) | 0.54\u00a0 | (0.06) | (0.31) | |||||||||||||||||||||||||||
| Basic earnings (loss) per share | (0.26) | (2.64) | (0.19) | (0.51) | (0.08) | 0.55\u00a0 | (0.06) | (0.31) | |||||||||||||||||||||||||||
| Per-share amounts \u2013 net earnings (loss) | |||||||||||||||||||||||||||||||||||
| Diluted earnings (loss) per share | (0.99) | (2.61) | (0.78) | (1.08) | (0.21) | 1.08\u00a0 | 1.93\u00a0 | (3.55) | |||||||||||||||||||||||||||
| Basic earnings (loss) per share | (0.99) | (2.62) | (0.78) | (1.08) | (0.21) | 1.09\u00a0 | 1.95\u00a0 | (3.55) | |||||||||||||||||||||||||||
| Dividends declared | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 | 0.08\u00a0 |