GE Vernova Inc.GEV

Market cap
$224.2B
P/E ratio
Dec 31,
2024
Net income (loss)1,559
Depreciation895
Amortization of Intangible Assets277
(Gains) losses on purchases and sales of business interests1,147
Principal pension plans – net (Note 13)-376
Other postretirement benefit plans – net (Note 13)-290
Income Tax Expense (Benefit)939
Cash recovered (paid) during the year for income taxes623
Decrease (increase) in current receivables1,289
Decrease (increase) in due from related parties8
Decrease (increase) in inventories, including deferred inventory costs641
Decrease (increase) in current contract assets409
Increase (Decrease) in Accounts Payable and Accrued Liabilities1,066
Increase (decrease) in due to related parties-398
Increase (Decrease) in Contract with Customer, Liability2,799
All other operating activities229
Cash from (used for) operating activities2,583
Additions to property, plant, and equipment and internal-use software883
Dispositions of property, plant, and equipment25
Purchases of and contributions to equity method investments114
Proceeds from Sale of Equity Method Investments244
Proceeds from Divestiture of Businesses813
All other investing activities122
Cash from (used for) investing activities-37
Net increase (decrease) in borrowings of maturities of 90 days or less-23
Transfers from (to) Parent2,933
All other financing activities742
Cash from (used for) financing activities3,652
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash-147
Increase (decrease) in cash, cash equivalents, and restricted cash, including cash classified within businesses held for sale6,051
Less: Net increase (decrease) in cash classified within businesses held for sale-603
Increase (decrease) in cash, cash equivalents, and restricted cash6,654
Cash paid during the year for interest74