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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION. On April 2, 2024, and in conjunction with the GE Vernova separation, we implemented an organizational change to align our reportable segments more closely with our business structure. In connection with our segment reporting change, we have recast previously reported amounts across all reportable segments to conform to current segment presentation.
We have two reportable segments and three operating segments. Operating segments are aggregated into a reportable segment if the operating segments have similar quantitative economic characteristics and if the operating segments are similar in the following qualitative characteristics: (i) nature of products and services; (ii) nature of production processes; (iii) type or class of customer for their products and services; (iv) methods used to distribute the products or provide services; and (v) if applicable, the nature of the regulatory environment. We have aggregated Defense & Systems and Propulsion & Additive Technology into one reportable segment, Defense & Propulsion Technologies, based on similarity in economic characteristics, other qualitative factors and the objectives and principals of ASC 280, Segment Reporting. This is consistent with how our chief operating decision maker (CODM) allocates resources and makes decisions. Refer to our Annual Report on Form 10-K for the year ended December 31, 2023, for further information regarding our determination of segment profit for continuing operations, and for our allocations of corporate costs to our segments.

SUMMARY OF REPORTABLE SEGMENTSThree months ended June 30Six months ended June 30
2024202320242023
Commercial Engines & Services$6,132 $5,737 $12,228 $10,969 
Defense & Propulsion Technologies2,401 2,375 4,713 4,341 
Total segment revenues8,533 8,113 16,941 15,310 
Corporate & Other561 642 1,108 1,281 
Total revenues$9,094 $8,755 $18,048 $16,591 
Commercial Engines & Services$1,679 $1,389 $3,098 $2,603 
Defense & Propulsion Technologies344 201 600 402 
Total segment profit (loss)2,023 1,590 3,698 3,006 
Corporate & Other(534)(84)(179)5,429 
Interest and other financial charges(248)(249)(511)(497)
Non-operating benefit income (cost)204 249 421 488 
Benefit (provision) for income taxes(125)(253)(369)(467)
Preferred stock dividends— (58)— (204)
Earnings (loss) from continuing operations attributable to common shareholders
1,320 1,195 3,061 7,755 
Earnings (loss) from discontinued operations attributable to common shareholders(54)(1,221)(256)(417)
Net earnings (loss) attributable to common shareholders
$1,266 $(25)$2,805 $7,338 

EQUIPMENT & SERVICES REVENUES
Three months ended June 3020242023
EquipmentServicesTotalEquipmentServicesTotal
Commercial Engines & Services$1,427 $4,705 $6,132 $1,607 $4,130 $5,737 
Defense & Propulsion Technologies1,071 1,329 2,401 1,137 1,238 2,375 
Total segment revenues$2,498 $6,034 $8,533 $2,744 $5,368 $8,113 

Six months ended June 3020242023
EquipmentServicesTotalEquipmentServicesTotal
Commercial Engines & Services$3,133 $9,095 $12,228 $2,906 $8,063 $10,969 
Defense & Propulsion Technologies2,080 2,633 4,713 1,994 2,347 4,341 
Total segment revenues$5,213 $11,728 $16,941 $4,900 $10,410 $15,310 
REMAINING PERFORMANCE OBLIGATION. As of June 30, 2024, the aggregate amount of the contracted revenues allocated to our unsatisfied (or partially unsatisfied) performance obligations was $159,765 million. We expect to recognize revenue as we satisfy our remaining performance obligations as follows: (1) equipment-related remaining performance obligation of $19,191 million, of which 37%, 54% and 74% is expected to be satisfied within 1, 2 and 5 years, respectively; and (2) services-related remaining performance obligation of $140,574 million, of which 11%, 42%, 69% and 85% is expected to be recognized within 1, 5, 10 and 15 years, respectively, and the remaining thereafter.