Stock Analysis on Net
Stock Analysis on Net

GE Aerospace (NYSE:GE)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

GE Aerospace, common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Short-term borrowings 0.77 2.00 2.19 1.89 8.92
Accounts payable and equipment project payables 9.45 9.93 8.17 6.50 5.99
Progress collections and deferred income 12.07 9.65 8.74 7.19 7.71
All other current liabilities 7.80 7.71 7.03 6.55 5.92
Liabilities of businesses held for sale 1.12 1.04 0.00 0.00 0.62
Current liabilities 31.20% 30.33% 26.12% 22.12% 29.16%
Deferred income 0.82 1.07 1.00 0.71 0.00
Long-term borrowings 12.09 15.23 15.50 27.73 25.24
Insurance liabilities and annuity benefits 24.30 17.76 18.69 16.65 14.97
Non-current compensation and benefits 6.88 8.53 10.66 11.74 11.91
All other liabilities 6.45 6.47 6.66 6.34 7.42
Liabilities of discontinued operations 0.73 0.61 0.45 0.08 0.08
Non-current liabilities 51.27% 49.66% 52.95% 63.25% 59.62%
Total liabilities 82.47% 79.99% 79.08% 85.37% 88.78%
Preferred stock 0.00 0.00 0.00 0.00 0.00
Common stock 0.01 0.01 0.01 0.28 0.26
Accumulated other comprehensive income (loss), net attributable to GE -3.77 -0.70 0.80 -3.85 -4.41
Other capital 16.54 18.20 17.44 13.54 12.93
Retained earnings 53.07 45.10 42.80 36.40 32.98
Common stock held in treasury -49.05 -43.25 -40.78 -32.34 -31.12
Total GE shareholders’ equity 16.79% 19.37% 20.27% 14.03% 10.64%
Noncontrolling interests 0.74 0.65 0.65 0.60 0.58
Total equity 17.53% 20.01% 20.92% 14.63% 11.22%
Total liabilities, redeemable noncontrolling interests and equity 100.00% 100.00% 100.00% 100.00% 100.00%

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 liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. GE Aerospace current liabilities as a percentage of total liabilities, redeemable noncontrolling interests and equity increased from 2021 to 2022 and from 2022 to 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. GE Aerospace non-current liabilities as a percentage of total liabilities, redeemable noncontrolling interests and equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. GE Aerospace total liabilities as a percentage of total liabilities, redeemable noncontrolling interests and equity increased from 2021 to 2022 and from 2022 to 2023.
Total GE shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. GE Aerospace total GE shareholders’ equity as a percentage of total liabilities, redeemable noncontrolling interests and equity decreased from 2021 to 2022 and from 2022 to 2023.