Common-Size Balance Sheet: Assets
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GE Aerospace, common-size consolidated balance sheet: assets
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Balance sheet item | Description | The company |
|---|---|---|
| Current assets | Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. | GE Aerospace current assets as a percentage of total assets increased from 2021 to 2022 and from 2022 to 2023. |
| Property, plant and equipment, net, excluding ROU operating lease assets | Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. | GE Aerospace property, plant and equipment, net, excluding ROU operating lease assets as a percentage of total assets increased from 2021 to 2022 but then decreased significantly from 2022 to 2023. |
| Non-current assets | Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. | GE Aerospace non-current assets as a percentage of total assets decreased from 2021 to 2022 and from 2022 to 2023. |