v3.24.2
RESTRUCTURING CHARGES AND SEPARATION COSTS (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs This table is inclusive of all restructuring charges in our segments and at Corporate & Other. Separately, in our reported segment results, significant, higher-cost restructuring programs are excluded from measurement of segment operating performance for internal and external purposes; those excluded amounts are reported in Restructuring and other charges for Corporate & Other.
Three months ended June 30Six months ended June 30
RESTRUCTURING CHARGES
2024202320242023
Workforce reductions$42 $32 $108 $52 
Plant closures & associated costs and other asset write-downs5 12 24 37 
Acquisition/disposition net charges and other36 3 38 5 
$84 $46 $170 $94 
Cost of equipment/services$— $3 $1 $6 
Selling, general and administrative expenses84 43 169 87 
Total restructuring charges(a)$84 $46 $170 $94 
Restructuring charges and other cash expenditures(b)$24 $97 $99 $144 
(a) In the second quarter of 2024, included income of $81 million, as a result of a change in estimate of the post-employment severance benefit reserve in connection with the separation of GE Vernova.
(b) Primarily related to employee severance payments.