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GE Aerospace (XSGO:GE) PensionAndRetirementBenefit : $11,002 Mil (As of Mar. 2024)


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What is GE Aerospace PensionAndRetirementBenefit?

GE Aerospace's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $11,002 Mil.

GE Aerospace's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($9,718 Mil) to Dec. 2023 ($11,214 Mil) but then declined from Dec. 2023 ($11,214 Mil) to Mar. 2024 ($11,002 Mil).

GE Aerospace's annual PensionAndRetirementBenefit declined from Dec. 2021 ($21,202 Mil) to Dec. 2022 ($10,400 Mil) but then increased from Dec. 2022 ($10,400 Mil) to Dec. 2023 ($11,214 Mil).


GE Aerospace PensionAndRetirementBenefit Historical Data

The historical data trend for GE Aerospace's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GE Aerospace PensionAndRetirementBenefit Chart

GE Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31,687.00 29,677.00 21,202.00 10,400.00 11,214.00

GE Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,244.00 9,941.00 9,718.00 11,214.00 11,002.00

GE Aerospace PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


GE Aerospace (XSGO:GE) Business Description

Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.