GE (US) 2025年季度报告

FORM10-Q (Mark One) GENERAL ELECTRIC COMPANY Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrantwas required to submit such files).YesþNo¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one): If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☑There were1,066,386,643shares of common stock with a par value of $0.01 per share outstanding at March 31, 2025. FORWARD-LOOKING STATEMENTS.Our public communications and filings we make with the U.S. Securities and ExchangeCommission (SEC) may contain statements related to future, not past, events. These forward-looking statements often address ourexpected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate,""intend," "plan," "believe," "seek," "see," "will," "would," "estimate," "forecast," "target," "preliminary," "range" or similar expressions.Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about theimpacts of macroeconomic and market conditions and volatility on our business operations, financial results and financial position; For us, particular areas where risks or uncertainties could cause our actual results to be materially different than those expressed in our •changes in macroeconomic and market conditions and market volatility (including risks related to recession, inflation, supplychain constraints or disruptions, interest rates, values of financial assets, oil, jet fuel and other commodity prices and exchange •global economic trends, competition and geopolitical risks, including evolving impacts from tariffs, sanctions or other tradetensions between the U.S. and other countries (including implementation of new tariffs and retaliatory measures); demand orsupply shocks from events such as a major terrorist attack, war (including the ongoing conflict between Russia and Ukraine •market or other developments that may affect demand or the financial strength and performance of airframers, airlines,suppliers and other key aerospace and defense industry participants, such as demand for air travel, supply chain or other •pricing, cost, volume and the timing of sales, investment and production by us and our customers, suppliers or other industryparticipants; •the impact of actual or potential safety or quality issues or failures of our products or third-party products with which ourproducts are integrated, including design, production, performance, durability or other issues, and related costs andreputational effects; •operational execution on our business plans, including our performance amidst market growth and ramping newer productplatforms, meeting delivery and other contractual obligations, improving turnaround times in our services businesses andreducing costs over time; •the amount and timing of our income and cash flows, which may be impacted by macroeconomic, customer, supplier,competitive, contractual, financial or accounting (including changes in estimates) and other dynamics and conditions; •our capital allocation plans, including the timing and amount of dividends, share repurchases, acquisitions, organicinvestments and other priorities; •our decisions about investments in research and development or new products, services and platforms, and our ability tolaunch new products in a cost-effective manner, as well as technology developments and other dynamics that could shift thedemand or competitive landscape for our products and services; •our success in executing planned and potential transactions, including the timing for such transactions, the ability to satisfy anyapplicable pre-conditions and the expected benefits; •downgrades of our credit ratings or ratings outlooks, or changes in rating application or methodology, and the related impact