v3.24.2
BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Financial Information for Discontinued Operations (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
RESULTS OF DISCONTINUED OPERATIONS          
Earnings (loss) from discontinued operations, net of taxes $ (54) $ (1,218) $ (232) $ (447)  
Discontinued operations          
RESULTS OF DISCONTINUED OPERATIONS          
Total revenues 0 8,136 7,244 14,923  
Cost of equipment and services sold 0 (6,885) (6,074) (12,752)  
Other income, costs and expenses (2) (2,412) (1,284) (3,980)  
Earnings (loss) of discontinued operations before income taxes (2) (1,161) (115) (1,809)  
Benefit (provision) for income taxes (61) (62) (129) 1,359  
Earnings (loss) of discontinued operations, net of taxes (63) (1,222) (243) (450)  
Gain (loss) on disposal before income taxes 9 4 11 4  
Benefit (provision) for income taxes 0 0 0 0  
Gain (loss) on disposal, net of taxes 9 4 11 4  
Earnings (loss) from discontinued operations, net of taxes (54) (1,218) (232) (447)  
Assets          
Cash, cash equivalents and restricted cash 1,398   1,398   $ 3,762
Current receivables 12   12   7,324
Inventories, including deferred inventory costs 0   0   8,245
Goodwill 0   0   4,437
Other intangible assets - net 0   0   1,053
Contract and other deferred assets 0   0   8,959
Property, plant and equipment - net 48   48   5,306
All other assets 332   332   5,750
Deferred income taxes 28   28   3,093
Assets of discontinued operations 1,817   1,817   47,927
Liabilities          
Accounts payable 81   81   8,475
Contract liabilities, progress collections & deferred income 0   0   15,255
Long-term borrowings 0   0   294
Non-current compensation and benefits 34   34   3,589
All other liabilities 1,552   1,552   11,600
Liabilities of discontinued operations 1,667   1,667   39,213
Discontinued operations | GE Vernova          
RESULTS OF DISCONTINUED OPERATIONS          
Total revenues 0 8,136 7,244 14,923  
Cost of equipment and services sold 0 (6,885) (6,074) (12,752)  
Other income, costs and expenses (11) (1,373) (1,299) (2,719)  
Earnings (loss) of discontinued operations before income taxes (11) (121) (129) (548)  
Benefit (provision) for income taxes (58) (79) (132) (137)  
Earnings (loss) of discontinued operations, net of taxes (68) (200) (261) (685)  
Gain (loss) on disposal before income taxes 0 0 0 0  
Benefit (provision) for income taxes 0 0 0 0  
Gain (loss) on disposal, net of taxes 0 0 0 0  
Earnings (loss) from discontinued operations, net of taxes (68) (200) (261) (685)  
Assets          
Assets of discontinued operations 113   113   46,233
Liabilities          
Liabilities of discontinued operations 288   288   $ 38,021
Discontinued operations | GE HealthCare          
RESULTS OF DISCONTINUED OPERATIONS          
Total revenues 0 0 0 0  
Cost of equipment and services sold 0 0 0 0  
Other income, costs and expenses 10 0 11 (20)  
Earnings (loss) of discontinued operations before income taxes 10 0 11 (20)  
Benefit (provision) for income taxes (2) 6 (2) 1,485  
Earnings (loss) of discontinued operations, net of taxes 8 6 9 1,466  
Gain (loss) on disposal before income taxes 0 0 0 0  
Benefit (provision) for income taxes 0 0 0 0  
Gain (loss) on disposal, net of taxes 0 0 0 0  
Earnings (loss) from discontinued operations, net of taxes 8 6 9 1,466  
Discontinued operations | Bank BPH & Other          
RESULTS OF DISCONTINUED OPERATIONS          
Total revenues 0 0 0 0  
Cost of equipment and services sold 0 0 0 0  
Other income, costs and expenses (2) (1,040) 4 (1,241)  
Earnings (loss) of discontinued operations before income taxes (2) (1,040) 4 (1,241)  
Benefit (provision) for income taxes (1) 11 5 10  
Earnings (loss) of discontinued operations, net of taxes (3) (1,029) 9 (1,231)  
Gain (loss) on disposal before income taxes 9 4 11 4  
Benefit (provision) for income taxes 0 0 0 0  
Gain (loss) on disposal, net of taxes 9 4 11 4  
Earnings (loss) from discontinued operations, net of taxes $ 6 $ (1,025) $ 20 $ (1,227)