Stock Analysis on Net

GE Aerospace (NYSE:GE)

Statement of Comprehensive Income 

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

GE Aerospace, consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net earnings (loss) 9,443 292 (6,591) 5,546 (4,912)
Currency translation adjustments 2,274 (1,355) (174) 435 1,275
Benefit plans (4,747) 2,889 9,044 1,633 1,229
Investment securities and cash flow hedges 968 (4,426) 2,466 (78) 136
Long-duration insurance contracts (2,371)
Other comprehensive income (loss) (3,876) (2,892) 11,336 1,990 2,640
Comprehensive income (loss) 5,567 (2,600) 4,745 7,536 (2,272)
Comprehensive (income) loss attributable to noncontrolling interests 35 (68) 65 152 (25)
Comprehensive income (loss) attributable to the Company 5,602 (2,668) 4,810 7,688 (2,297)

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).

Comprehensive income item Description The company
Net earnings (loss) attributable to the Company The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. GE Aerospace net earnings (loss) attributable to the Company increased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income (loss) attributable to the Company Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. GE Aerospace comprehensive income (loss) attributable to the Company decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.