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RESTRUCTURING CHARGES AND SEPARATION COSTS | 6 Months Ended
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Jun. 30, 2026
Restructuring and Related Activities [Abstract] |
RESTRUCTURING CHARGES AND SEPARATION COSTS | RESTRUCTURING CHARGES AND SEPARATION COSTS RESTRUCTURING AND OTHER CHARGES. 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, primarily related to the separations, 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.
RESTRUCTURING AND OTHER CHARGES | Three months ended June 30 |  | Six months ended June 30 |
| 2026 | 2025 |  | 2026 | 2025 |
Workforce reductions | $ | 24 |  | $ | 20 |  |  | $ | 51 |  | $ | 19 |  |
Plant closures & associated costs and other asset write-downs | 2 |  | 7 |  |  | (1) |  | 10 |  |
Acquisition/disposition net charges and other | 1 |  | — |  |  | 1 |  | — |  |
Total restructuring and other charges | $ | 26 |  | $ | 27 |  |  | $ | 51 |  | $ | 29 |  |
Cost of equipment/services | $ | — |  | $ | — |  |  | $ | — |  | $ | 3 |  |
Selling, general and administrative expenses | 26 |  | 27 |  |  | 51 |  | 26 |  |
Total restructuring and other charges | $ | 26 |  | $ | 27 |  |  | $ | 51 |  | $ | 29 |  |
Restructuring and other cash expenditures(a) | $ | 26 |  | $ | 16 |  |  | $ | 53 |  | $ | 55 |  |
(a) Primarily related to employee severance payments. The restructuring liability as of June 30, 2026 and December 31, 2025 was $76 million and $91 million, respectively. For the three and six months ended June 30, 2026, and 2025, restructuring and other charges for ongoing programs included exit activities reflecting lower Corporate & Other shared-service and footprint needs as a result of the GE HealthCare and GE Vernova spin-offs. SEPARATION COSTS. In November 2021, the Company announced its plan to form three industry-leading, global public companies focused on the growth sectors of aerospace, healthcare and energy. As discussed in Note 2, we completed this plan with the spin of GE Vernova in the second quarter of 2024. Post-separation, we continue to incur operational and transition costs related to ongoing separation activities, primary related to information technology systems, and other transformation to transition to a stand-alone public company. These costs are presented as separation costs in our Statement of Operations. We expect to complete separation activities in the second half of 2026. For the three months ended June 30, 2026 and 2025, we incurred pre-tax separation costs of $34 million and $47 million, recognized $7 million and $10 million of net tax benefits and paid $33 million and $70 million in cash, respectively. For the six months ended June 30, 2026 and 2025, we incurred pre-tax separation costs of $89 million and $98 million, recognized $19 million and $20 million of net tax benefits and paid $116 million and $146 million in cash, respectively.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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