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STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Cash flows – operating activities      
Net earnings (loss) $ 7,478 $ (1,108)  
(Earnings) loss from discontinued operations activities (1,257) (101)  
Adjustments to reconcile net earnings (loss) to cash from (used for) operating activities      
Depreciation and amortization of property, plant and equipment 367 403  
Amortization of intangible assets (Note 7) 140 922  
(Gains) losses on purchases and sales of business interests 52 (15)  
(Gains) losses on equity securities (5,906) 206  
Principal pension plans cost (Note 14) (271) 94  
Principal pension plans employer contributions (52) (49)  
Other postretirement benefit plans (net) (181) (224)  
Provision (benefit) for income taxes 271 29  
Cash recovered (paid) during the year for income taxes (172) (24)  
Changes in operating working capital:      
Decrease (increase) in current receivables 536 (610)  
Decrease (increase) in inventories, including deferred inventory costs (1,275) (732)  
Decrease (increase) in current contract assets 294 473  
Increase (decrease) in accounts payable and equipment project payables (201) (293)  
Increase (decrease) in progress collections and current deferred income 205 173  
Financial services derivatives net collateral/settlement 3 (155)  
All other operating activities 125 89  
Cash from (used for) operating activities – continuing operations 155 (924)  
Cash from (used for) operating activities – discontinued operations (413) 369  
Cash from (used for) operating activities (259) (556)  
Cash flows – investing activities      
Additions to property, plant and equipment (279) (239)  
Dispositions of property, plant and equipment 7 28  
Additions to internal-use software (20) (22)  
Sales of retained ownership interests 2,025 1,302  
Net (purchases) dispositions of insurance investment securities (1,556) (1,344)  
All other investing activities 1,096 239  
Cash from (used for) investing activities – continuing operations 1,273 (37)  
Cash from (used for) investing activities – discontinued operations (3,068) (407)  
Cash from (used for) investing activities (1,796) (444)  
Cash flows – financing activities      
Net increase (decrease) in borrowings (maturities of 90 days or less) 1 45  
Newly issued debt (maturities longer than 90 days) 9 0  
Repayments and other debt reductions (maturities longer than 90 days) (1,815) (1,267)  
Dividends paid to shareholders (203) (140)  
Redemption of GE preferred stock (3,000) 0  
Purchases of GE common stock for treasury (309) (39)  
All other financing activities 87 (30)  
Cash from (used for) financing activities – continuing operations (5,230) (1,431)  
Cash from (used for) financing activities – discontinued operations 1,999 (28)  
Cash from (used for) financing activities (3,232) (1,459)  
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash 65 (75)  
Increase (decrease) in cash, cash equivalents and restricted cash (5,220) (2,534)  
Cash, cash equivalents and restricted cash at beginning of year 19,092 16,859 $ 16,859
Cash, cash equivalents and restricted cash at March 31 13,871 14,325 $ 19,092
Less cash, cash equivalents and restricted cash of discontinued operations at March 31 1,180 1,223  
Cash, cash equivalents and restricted cash of continuing operations at March 31 $ 12,691 $ 13,101