SEGMENT OPERATIONS. 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.
| | | | | | | | | | | | | | | | | | | | | | Three months ended March 31 | | | | SUMMARY OF REPORTABLE SEGMENTS | 2024 | 2023 | V | % | | | | | | | Aerospace | $ | 8,064 | | $ | 6,981 | | 16 | | % | | | | | | | Renewable Energy | 3,005 | | 2,837 | | 6 | | % | | | | | | | Power | 4,134 | | 3,820 | | 8 | | % | | | | | | | Total segment revenues | 15,203 | | 13,638 | | 11 | | % | | | | | | | Corporate | 850 | | 848 | | — | | % | | | | | | | Total revenues | $ | 16,053 | | $ | 14,486 | | 11 | | % | | | | | | | | | | | | | | | | | | Aerospace | $ | 1,529 | | $ | 1,326 | | 15 | | % | | | | | | | Renewable Energy | (226) | | (414) | | 45 | | % | | | | | | | Power | 229 | | 75 | | F | | | | | | | | Total segment profit (loss) | 1,532 | | 987 | | 55 | | % | | | | | | | Corporate(a) | 276 | | 5,456 | | (95) | | % | | | | | | | Interest and other financial charges | (267) | | (257) | | (4) | | % | | | | | | | | | | | | | | | | | | Non-operating benefit income (cost) | 362 | | 385 | | (6) | | % | | | | | | | | | | | | | | | | | | Benefit (provision) for income taxes | (380) | | (322) | | (18) | | % | | | | | | | Preferred stock dividends | — | | (145) | | F | | | | | | | | Earnings (loss) from continuing operations attributable to GE common shareholders | 1,522 | | 6,103 | | (75) | | % | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Earnings (loss) from discontinued operations attributable to GE common shareholders | 14 | | 1,257 | | (99) | | % | | | | | | | Net earnings (loss) attributable to GE common shareholders | $ | 1,537 | | $ | 7,360 | | (79) | | % | | | | | | |
(a) Includes interest and other financial charges of $10 million and $12 million; and benefit for income taxes of $62 million and $51 million related to Energy Financial Services (EFS) within Corporate for the three months ended March 31, 2024 and 2023 respectively.
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