SEGMENT OPERATIONS |
SEGMENT OPERATIONS. Refer to our Annual Report on Form 10-K for the year ended December 31, 2021, for further information regarding our determination of segment profit for continuing operations, and for our allocations of corporate costs to our segments. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30 | | Six months ended June 30 | | SUMMARY OF REPORTABLE SEGMENTS | 2022 | 2021 | V | % | | 2022 | 2021 | V | % | | Aerospace | $ | 6,127 | | $ | 4,840 | | 27 | | % | | $ | 11,730 | | $ | 9,832 | | 19 | | % | | HealthCare | 4,519 | | 4,454 | | 1 | | % | | 8,882 | | 8,761 | | 1 | | % | | Renewable Energy | 3,099 | | 4,049 | | (23) | | % | | 5,970 | | 7,297 | | (18) | | % | | Power | 4,202 | | 4,295 | | (2) | | % | | 7,703 | | 8,216 | | (6) | | % | | Total segment revenues | 17,947 | | 17,638 | | 2 | | % | | 34,285 | | 34,106 | | 1 | | % | | Corporate | 698 | | 615 | | 13 | | % | | 1,401 | | 1,217 | | 15 | | % | | Total revenues | $ | 18,646 | | $ | 18,253 | | 2 | | % | | $ | 35,686 | | $ | 35,323 | | 1 | | % | | | | | | | | | | | | | Aerospace | $ | 1,148 | | $ | 176 | | F | | | $ | 2,057 | | $ | 818 | | F | | | HealthCare | 651 | | 801 | | (19) | | % | | 1,189 | | 1,500 | | (21) | | % | | Renewable Energy | (419) | | (99) | | U | | | (853) | | (333) | | U | | | Power | 320 | | 299 | | 7 | | % | | 383 | | 212 | | 81 | | % | | Total segment profit (loss) | 1,701 | | 1,177 | | 45 | | % | | 2,776 | | 2,197 | | 26 | | % | | Corporate(a) | (1,659) | | 241 | | U | | | (2,987) | | 401 | | U | | | | | | | | | | | | | | Interest and other financial charges | (379) | | (472) | | 20 | | % | | (769) | | (957) | | 20 | | % | | Debt extinguishment costs | — | | (1,416) | | F | | | — | | (1,416) | | F | | | Non-operating benefit income (cost) | 134 | | (517) | | F | | | 271 | | (947) | | F | | | Benefit (provision) for income taxes | (378) | | 419 | | U | | | (629) | | 247 | | U | | | Preferred stock dividends | (67) | | (57) | | U | | | (119) | | (129) | | 8 | | % | | Earnings (loss) from continuing operations attributable to GE common shareholders | (647) | | (624) | | (4) | | % | | (1,456) | | (604) | | U | | | | | | | | | | | | | | | | | | | | | | | | | Earnings (loss) from discontinued operations attributable to GE common shareholders | (210) | | (564) | | 63 | | % | | (496) | | (3,458) | | 86 | | % | | Net earnings (loss) attributable to GE common shareholders | $ | (857) | | $ | (1,188) | | 28 | | % | | $ | (1,952) | | $ | (4,062) | | 52 | | % | |
(a) Includes interest and other financial charges of $15 million and $16 million, and $32 million and $31 million; and benefit for income taxes of $61 million and $47 million, and $108 million and $78 million related to EFS within Corporate for the three and six months ended June 30, 2022 and 2021, respectively. *Non-GAAP Financial Measure
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