2022 Q1 Form 10-Q Financial Statement

#000004054522000027 Filed on April 26, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $17.04B $17.07B
YoY Change -0.18% -11.91%
Cost Of Revenue $12.81B $12.54B
YoY Change 2.19% -13.09%
Gross Profit $4.227B $4.533B
YoY Change -6.75% -8.5%
Gross Profit Margin 24.81% 26.55%
Selling, General & Admin $3.651B $2.894B
YoY Change 26.16% -5.46%
% of Gross Profit 86.37% 63.84%
Research & Development $641.0M $561.0M
YoY Change 14.26% -22.41%
% of Gross Profit 15.16% 12.38%
Depreciation & Amortization $1.485B $753.0M
YoY Change 97.21% -24.02%
% of Gross Profit 35.13% 16.61%
Operating Expenses $4.292B $3.455B
YoY Change 24.23% -8.69%
Operating Profit -$65.00M $1.078B
YoY Change -106.03% -7.86%
Interest Expense -$107.0M -$45.00M
YoY Change 137.78% -99.27%
% of Operating Profit -4.17%
Other Income/Expense, Net $73.00M $673.0M
YoY Change -89.15% -90.2%
Pretax Income -$525.0M $238.0M
YoY Change -320.59% -96.23%
Income Tax $204.0M $142.0M
% Of Pretax Income 59.66%
Net Earnings -$1.042B -$2.802B
YoY Change -62.81% -145.2%
Net Earnings / Revenue -6.12% -16.41%
Basic Earnings Per Share -$0.99 -$2.62
Diluted Earnings Per Share -$0.99 -$2.61
COMMON SHARES
Basic Shares Outstanding 1.100B shares 1.096B shares
Diluted Shares Outstanding 1.100B shares 1.101B shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.62B $38.52B
YoY Change -38.68% -18.53%
Cash & Equivalents $12.84B $31.78B
Short-Term Investments $10.78B $6.741B
Other Short-Term Assets $2.065B $1.376B
YoY Change 50.07%
Inventory $16.57B $16.53B
Prepaid Expenses
Receivables $20.30B $15.38B
Other Receivables $0.00 $1.645B
Total Short-Term Assets $63.30B $113.2B
YoY Change -44.08% 42.09%
LONG-TERM ASSETS
Property, Plant & Equipment $15.04B $16.30B
YoY Change -7.73% -62.25%
Goodwill $26.05B $25.32B
YoY Change 2.87% -4.8%
Intangibles $8.290B $9.395B
YoY Change -11.76% -9.5%
Long-Term Investments $39.85B $40.79B
YoY Change -2.31%
Other Assets $19.77B $12.31B
YoY Change 60.6% -59.59%
Total Long-Term Assets $128.7B $132.0B
YoY Change -2.5% -27.63%
TOTAL ASSETS
Total Short-Term Assets $63.30B $113.2B
Total Long-Term Assets $128.7B $132.0B
Total Assets $192.0B $245.2B
YoY Change -21.7% -6.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.21B $16.09B
YoY Change 0.72% 5.77%
Accrued Expenses
YoY Change
Deferred Revenue $16.21B $17.99B
YoY Change -9.93%
Short-Term Debt $142.0M $4.468B
YoY Change -96.82% -75.34%
Long-Term Debt Due $4.843B $3.574B
YoY Change 35.51% -76.48%
Total Short-Term Liabilities $53.34B $57.68B
YoY Change -7.52% -54.46%
LONG-TERM LIABILITIES
Long-Term Debt $28.65B $66.89B
YoY Change -57.17% -0.21%
Other Long-Term Liabilities $12.48B $14.82B
YoY Change -15.82% -52.89%
Total Long-Term Liabilities $12.48B $14.82B
YoY Change -15.82% -84.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.34B $57.68B
Total Long-Term Liabilities $12.48B $14.82B
Total Liabilities $151.7B $210.0B
YoY Change -27.78% -6.73%
SHAREHOLDERS EQUITY
Retained Earnings $83.93B $89.28B
YoY Change -5.99% -4.63%
Common Stock $15.00M $702.0M
YoY Change -97.86% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $80.67B $81.55B
YoY Change -1.07% -1.17%
Treasury Stock Shares
Shareholders Equity $39.01B $33.59B
YoY Change
Total Liabilities & Shareholders Equity $192.0B $245.2B
YoY Change -21.7% -6.43%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$1.042B -$2.802B
YoY Change -62.81% -145.2%
Depreciation, Depletion And Amortization $1.485B $753.0M
YoY Change 97.21% -24.02%
Cash From Operating Activities -$556.0M -$1.959B
YoY Change -71.62% 740.77%
INVESTING ACTIVITIES
Capital Expenditures $340.0M $332.0M
YoY Change 2.41% -34.13%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $82.00M -$1.144B
YoY Change -107.17% -21.37%
Cash From Investing Activities -$444.0M $202.0M
YoY Change -319.8% -98.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.459B -$1.605B
YoY Change -9.1% -79.73%
NET CHANGE
Cash From Operating Activities -$556.0M -$1.959B
Cash From Investing Activities -$444.0M $202.0M
Cash From Financing Activities -$1.459B -$1.605B
Net Change In Cash -$2.534B -$3.494B
YoY Change -27.48% -132.66%
FREE CASH FLOW
Cash From Operating Activities -$556.0M -$1.959B
Capital Expenditures $340.0M $332.0M
Free Cash Flow -$896.0M -$2.291B
YoY Change -60.89% 210.85%

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AccountsReceivableGrossCurrent
13505000000 USD
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
13079000000 USD
CY2022Q1 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
1311000000 USD
CY2021Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
1222000000 USD
CY2022Q1 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
1256000000 USD
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
1166000000 USD
CY2022Q1 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
559000000 USD
CY2021Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
592000000 USD
CY2022Q1 ge Advances On Inventory Purchases Noncurrent
AdvancesOnInventoryPurchasesNoncurrent
289000000 USD
CY2021Q4 ge Advances On Inventory Purchases Noncurrent
AdvancesOnInventoryPurchasesNoncurrent
309000000 USD
CY2022Q1 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
272000000 USD
CY2021Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
245000000 USD
CY2022Q1 ge Accounts And Financing Receivables Held For Sale Not Part Of Disposal Group After Valuation Allowance Noncurrent
AccountsAndFinancingReceivablesHeldForSaleNotPartOfDisposalGroupAfterValuationAllowanceNoncurrent
150000000 USD
CY2021Q4 ge Accounts And Financing Receivables Held For Sale Not Part Of Disposal Group After Valuation Allowance Noncurrent
AccountsAndFinancingReceivablesHeldForSaleNotPartOfDisposalGroupAfterValuationAllowanceNoncurrent
150000000 USD
CY2022Q1 ge Other Receivables Miscellaneous Noncurrent
OtherReceivablesMiscellaneousNoncurrent
441000000 USD
CY2021Q4 ge Other Receivables Miscellaneous Noncurrent
OtherReceivablesMiscellaneousNoncurrent
440000000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
172000000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
160000000 USD
CY2022Q1 ge Receivables Net Noncurrent
ReceivablesNetNoncurrent
1973000000 USD
CY2021Q4 ge Receivables Net Noncurrent
ReceivablesNetNoncurrent
2097000000 USD
CY2022Q1 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
9155000000 USD
CY2021Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
8710000000 USD
CY2022Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5307000000 USD
CY2022Q1 us-gaap Shortduration Insurance Contracts Liability For Unpaid Claims And Claims Adjustment Expense Accumulated Unallocated Claim Adjustment Expense
ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense
285000000 USD
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4927000000 USD
CY2022Q1 us-gaap Deferred Costs Current
DeferredCostsCurrent
2108000000 USD
CY2021Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
2210000000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
16570000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
15847000000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
31531000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
31904000000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18935000000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18901000000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2440000000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2606000000 USD
CY2022Q1 ge Property Plant And Equipment And Operating Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
15036000000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
281000000 USD
CY2021Q4 ge Property Plant And Equipment And Operating Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndOperatingLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
15609000000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2679000000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2848000000 USD
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
272000000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
26182000000 USD
CY2022Q1 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-135000000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
26047000000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
-1040000000 USD
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1025000000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
301000000 USD
CY2022Q1 us-gaap Revenues
Revenues
17040000000 USD
CY2021Q1 us-gaap Revenues
Revenues
17071000000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
240740000000 USD
CY2022Q1 ge Increase Decrease In Contract With Customer Asset And Other Deferred Assets
IncreaseDecreaseInContractWithCustomerAssetAndOtherDeferredAssets
-600000000 USD
CY2022Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4246000000 USD
CY2022Q1 us-gaap Preproduction Costs Related To Long Term Supply Arrangements Costs Capitalized
PreproductionCostsRelatedToLongTermSupplyArrangementsCostsCapitalized
2580000000 USD
CY2022Q1 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
3579000000 USD
CY2022Q1 ge Contract And Other Deferred Assets Noncurrent
ContractAndOtherDeferredAssetsNoncurrent
6159000000 USD
CY2022Q1 ge Contract And Other Deferred Assets
ContractAndOtherDeferredAssets
10405000000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
4881000000 USD
CY2021Q4 us-gaap Preproduction Costs Related To Long Term Supply Arrangements Costs Capitalized
PreproductionCostsRelatedToLongTermSupplyArrangementsCostsCapitalized
2550000000 USD
CY2021Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
3574000000 USD
CY2021Q4 ge Contract And Other Deferred Assets Noncurrent
ContractAndOtherDeferredAssetsNoncurrent
6124000000 USD
CY2021Q4 ge Contract And Other Deferred Assets
ContractAndOtherDeferredAssets
11005000000 USD
CY2022Q1 us-gaap Contract With Customer Liability Change In Timeframe Performance Obligation Satisfied Revenue Recognized
ContractWithCustomerLiabilityChangeInTimeframePerformanceObligationSatisfiedRevenueRecognized
-1201000000 USD
CY2022Q1 ge Liabilityfor Future Policy Benefits Other Adjustments
LiabilityforFuturePolicyBenefitsOtherAdjustments
0 USD
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4638000000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5984000000 USD
CY2022Q1 ge Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
1886000000 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
16206000000 USD
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1953000000 USD
CY2022Q1 ge Contract With Customer Liability Progress Billings And Deferred Revenue
ContractWithCustomerLiabilityProgressBillingsAndDeferredRevenue
18159000000 USD
CY2021Q4 ge Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
1835000000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
17372000000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1989000000 USD
CY2021Q4 ge Contract With Customer Liability Progress Billings And Deferred Revenue
ContractWithCustomerLiabilityProgressBillingsAndDeferredRevenue
19361000000 USD
CY2022Q1 ge Increase Decrease In Other Assets Noncurrent
IncreaseDecreaseInOtherAssetsNoncurrent
727000000 USD
CY2022Q1 ge Increase Decrease In Restricted Cash And Cash Equivalents Noncurrent
IncreaseDecreaseInRestrictedCashAndCashEquivalentsNoncurrent
441000000 USD
CY2022Q1 ge Increase Decrease In Equity Method And Other Investments
IncreaseDecreaseInEquityMethodAndOtherInvestments
187000000 USD
CY2022Q1 ge Increase Decrease In Assets For Plan Benefits Defined Benefit Plan
IncreaseDecreaseInAssetsForPlanBenefitsDefinedBenefitPlan
183000000 USD
CY2022Q1 us-gaap Debt Current
DebtCurrent
4985000000 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
4361000000 USD
CY2022Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
28649000000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
30824000000 USD
CY2022Q1 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
33633000000 USD
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
35186000000 USD
CY2022Q1 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
A summary of our insurance contracts is presented below: <div style="margin-bottom:3pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.722%"><tr><td style="width:1.0%"/><td style="width:31.351%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.409%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.409%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.409%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.409%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.413%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:2.25pt;padding-right:2.25pt"><span style="color:#404040;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">March 31, 2022</span></div></td><td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><span style="color:#404040;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Long-term care</span></td><td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><span style="color:#404040;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Structured settlement annuities &amp; life</span></td><td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><span style="color:#404040;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Other contracts</span></td><td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><span style="color:#404040;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Other adjustments(a)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#404040;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #005cb9;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Future policy benefit reserves</span></div></td><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17,112 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,811 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">191 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">26,114 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Claim reserves</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,526 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">267 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">551 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,344 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investment contracts</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">933 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">950 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,883 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unearned premiums and other</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">187 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">285 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</span></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,650 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,198 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,778 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33,626 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.722%"><tr><td style="width:1.0%"/><td style="width:31.351%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.409%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.409%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.409%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.409%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.413%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:2.25pt;padding-right:2.25pt"><span style="color:#404040;font-family:'Arial Narrow',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2021</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="border-top:1pt solid #005cb9;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Future policy benefit reserves</span></div></td><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17,097 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,902 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">188 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,394 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #005cb9;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #005cb9;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">29,581 </span></td><td style="border-top:1pt solid #005cb9;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Claim reserves</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,546 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">258 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">585 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,389 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investment contracts</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">955 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">954 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,909 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unearned premiums and other</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">184 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">287 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-right:2.25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</span></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,658 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,299 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,815 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,394 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">37,166 </span></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:1pt;padding-left:13.5pt;text-indent:-13.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(a) The decrease in Other adjustments of $3,394 million is a result of the decline in unrealized gains on investment securities.</span></div>
CY2022Q1 ge Liabilityfor Future Policy Benefits Other Adjustments
LiabilityforFuturePolicyBenefitsOtherAdjustments
0 USD
CY2022Q1 us-gaap Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
26114000000 USD
CY2022Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
5344000000 USD
CY2022Q1 us-gaap Guaranteed Interest Contracts
GuaranteedInterestContracts
1883000000 USD
CY2022Q1 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
33626000000 USD
CY2021 ge Liabilityfor Future Policy Benefits Other Adjustments
LiabilityforFuturePolicyBenefitsOtherAdjustments
3394000000 USD
CY2021Q4 us-gaap Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
29581000000 USD
CY2021Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred But Not Reported Ibnr Claims Amount
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount
5389000000 USD
CY2021Q4 us-gaap Guaranteed Interest Contracts
GuaranteedInterestContracts
1909000000 USD
CY2021Q4 us-gaap Shortduration Insurance Contracts Liability For Unpaid Claims And Claims Adjustment Expense Accumulated Unallocated Claim Adjustment Expense
ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense
287000000 USD
CY2021 ge Liabilityfor Future Policy Benefits Other Adjustments
LiabilityforFuturePolicyBenefitsOtherAdjustments
3394000000 USD
CY2021Q4 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
37166000000 USD
CY2022Q1 ge Liabilityfor Future Policy Benefitsand Unpaid Claimsand Claims Adjustment
LiabilityforFuturePolicyBenefitsandUnpaidClaimsandClaimsAdjustment
-3394000000 USD
CY2022Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
387000000 USD
CY2021Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
454000000 USD
CY2022Q1 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
443000000 USD
CY2021Q1 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
424000000 USD
CY2022Q1 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
1685000000 USD
CY2021Q4 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
1654000000 USD
CY2022Q1 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
2674000000 USD
CY2021Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
2651000000 USD
CY2022Q1 ge Increase Decrease In Other Liabilities Current
IncreaseDecreaseInOtherLiabilitiesCurrent
239000000 USD
CY2022Q1 ge Numberof Categoriesof Postretirement Benefit Plans
NumberofCategoriesofPostretirementBenefitPlans
3 category
CY2022Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
110000000 USD
CY2021Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
108000000 USD
CY2022Q1 ge Increase Decrease In Sales Allowances Equipment Projects And Other Commercial Liabilities Current
IncreaseDecreaseInSalesAllowancesEquipmentProjectsAndOtherCommercialLiabilitiesCurrent
277000000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
278000000 USD
CY2022Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-432000000 USD
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-763000000 USD
CY2022Q1 ge Increase Decrease In Uncertain Tax Positions And Related Liabilities
IncreaseDecreaseInUncertainTaxPositionsAndRelatedLiabilities
369000000 USD
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-169000000 USD
CY2022Q1 ge Earnings From Continuing Operations Diluted
EarningsFromContinuingOperationsDiluted
-757000000 USD
CY2022Q1 ge Earningsfromcontinuingoperationsforpersharecalculationbasic
Earningsfromcontinuingoperationsforpersharecalculationbasic
-757000000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.388
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.597
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2022Q1 ge Adjustment To Reclass Unrealized Gains Losses To Offset Deferred Acquisition Costs And Present Value Of Future Profits
AdjustmentToReclassUnrealizedGainsLossesToOffsetDeferredAcquisitionCostsAndPresentValueOfFutureProfits
2681000000 USD
CY2021Q1 ge Adjustment To Reclass Unrealized Gains Losses To Offset Deferred Acquisition Costs And Present Value Of Future Profits
AdjustmentToReclassUnrealizedGainsLossesToOffsetDeferredAcquisitionCostsAndPresentValueOfFutureProfits
2038000000 USD
CY2021Q1 ge Earnings From Continuing Operations Diluted
EarningsFromContinuingOperationsDiluted
90000000 USD
CY2021Q1 ge Earningsfromcontinuingoperationsforpersharecalculationbasic
Earningsfromcontinuingoperationsforpersharecalculationbasic
92000000 USD
CY2022Q1 ge Preferred Stock Dividends Income Statement Impact Diluted
PreferredStockDividendsIncomeStatementImpactDiluted
52000000 USD
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
52000000 USD
CY2021Q1 ge Preferred Stock Dividends Income Statement Impact Diluted
PreferredStockDividendsIncomeStatementImpactDiluted
72000000 USD
CY2021Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
72000000 USD
CY2022Q1 ge Accretionof Redeemable Noncontrolling Interest Net Diluted
AccretionofRedeemableNoncontrollingInterestNetDiluted
0 USD
CY2022Q1 ge Accretionof Redeemable Noncontrolling Interest Net Basic
AccretionofRedeemableNoncontrollingInterestNetBasic
0 USD
CY2021Q1 ge Accretionof Redeemable Noncontrolling Interest Net Diluted
AccretionofRedeemableNoncontrollingInterestNetDiluted
-2000000 USD
CY2021Q1 ge Accretionof Redeemable Noncontrolling Interest Net Basic
AccretionofRedeemableNoncontrollingInterestNetBasic
-2000000 USD
CY2022Q1 ge Earnings From Continuing Operations Attributable To Common Shareowners For Dilution Calculation
EarningsFromContinuingOperationsAttributableToCommonShareownersForDilutionCalculation
-809000000 USD
CY2022Q1 ge Earnings From Continuing Operations Attributable To Common Shareowners Basic
EarningsFromContinuingOperationsAttributableToCommonShareownersBasic
-809000000 USD
CY2021Q1 ge Earnings From Continuing Operations Attributable To Common Shareowners For Dilution Calculation
EarningsFromContinuingOperationsAttributableToCommonShareownersForDilutionCalculation
20000000 USD
CY2021Q1 ge Earnings From Continuing Operations Attributable To Common Shareowners Basic
EarningsFromContinuingOperationsAttributableToCommonShareownersBasic
22000000 USD
CY2022Q1 ge Income Loss From Discontinued Operations Net Of Tax Diluted
IncomeLossFromDiscontinuedOperationsNetOfTaxDiluted
-286000000 USD
CY2022Q1 ge Incomelossfromdiscontinuedoperationsnetoftaxbasic
Incomelossfromdiscontinuedoperationsnetoftaxbasic
-286000000 USD
CY2021Q1 ge Income Loss From Discontinued Operations Net Of Tax Diluted
IncomeLossFromDiscontinuedOperationsNetOfTaxDiluted
-2897000000 USD
CY2021Q1 ge Incomelossfromdiscontinuedoperationsnetoftaxbasic
Incomelossfromdiscontinuedoperationsnetoftaxbasic
-2894000000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1094000000 USD
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NetEarningsAttributableToGeCommonShareownersForPershareCalculationBasic
-1094000000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2874000000 USD
CY2021Q1 ge Net Earnings Attributable To Ge Common Shareowners For Pershare Calculation Basic
NetEarningsAttributableToGeCommonShareownersForPershareCalculationBasic
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CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1100000000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1100000000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1096000000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1096000000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1100000000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1100000000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1101000000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1096000000 shares
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.74
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.74
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.02
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.02
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.26
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.26
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-2.63
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.61
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
15000000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3000000 USD
CY2022Q1 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
64000000 USD
CY2021Q1 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
48000000 USD
CY2022Q1 us-gaap Investment Income Net
InvestmentIncomeNet
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CY2021Q1 us-gaap Investment Income Net
InvestmentIncomeNet
446000000 USD
CY2022Q1 ge Other Items Other Income
OtherItemsOtherIncome
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CY2021Q1 ge Other Items Other Income
OtherItemsOtherIncome
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CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
73000000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
673000000 USD
CY2022Q1 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
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CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1704000000 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1459000000 USD
CY2021Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
76425000000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1374000000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
893000000 USD
CY2022Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
975000000 USD
CY2022Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
978000000 USD
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
637000000 USD
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
639000000 USD
CY2022Q1 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2022Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
21000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
0 USD
CY2022Q1 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
87000000 USD
CY2021Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
54000000 USD
CY2021Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
42000000 USD
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
729000000 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
394000000 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
684000000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
212000000 USD
CY2022Q1 ge Derivative Asset Fair Value Asset Accrued Interest Net
DerivativeAssetFairValueAssetAccruedInterestNet
3000000 USD
CY2022Q1 ge Derivative Liability Fair Value Liability Accrued Interest Net
DerivativeLiabilityFairValueLiabilityAccruedInterestNet
10000000 USD
CY2021Q4 ge Derivative Asset Fair Value Asset Accrued Interest Net
DerivativeAssetFairValueAssetAccruedInterestNet
10000000 USD
CY2021Q4 ge Derivative Liability Fair Value Liability Accrued Interest Net
DerivativeLiabilityFairValueLiabilityAccruedInterestNet
5000000 USD
CY2022Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
2000000 USD
CY2022Q1 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2021Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
2000000 USD
CY2021Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
731000000 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
403000000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
691000000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
217000000 USD
CY2022Q1 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
1931000000 USD
CY2022Q1 us-gaap Hedged Liability Discontinued Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease
2011000000 USD
CY2022Q1 us-gaap Hedged Liability Fair Value Hedge
HedgedLiabilityFairValueHedge
15636000000 USD
CY2021Q4 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
3826000000 USD
CY2021Q4 us-gaap Hedged Liability Discontinued Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease
2330000000 USD
CY2021Q4 us-gaap Hedged Liability Fair Value Hedge
HedgedLiabilityFairValueHedge
26926000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-5000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
36000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax
112000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax
272000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
0 USD
CY2022Q1 ge Total Pre Tax Amount In Accumulated Other Comprehensive Income Related To Cash Flow Hedges Of Forecasted Transactions
TotalPreTaxAmountInAccumulatedOtherComprehensiveIncomeRelatedToCashFlowHedgesOfForecastedTransactions
35000000 USD
CY2021Q1 ge Cost Of Revenue And Other Expense Income
CostOfRevenueAndOtherExpenseIncome
13211000000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-24000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-33000000 USD
CY2022Q1 us-gaap Maximum Length Of Time Foreign Currency Cash Flow Hedge
MaximumLengthOfTimeForeignCurrencyCashFlowHedge
P13Y
CY2022Q1 us-gaap Revenues
Revenues
17040000000 USD
CY2022Q1 ge Interest And Other Financial Charges
InterestAndOtherFinancialCharges
406000000 USD
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3651000000 USD
CY2022Q1 ge Cost Of Revenue And Other Expense Income
CostOfRevenueAndOtherExpenseIncome
12526000000 USD
CY2021Q1 us-gaap Revenues
Revenues
17071000000 USD
CY2021Q1 ge Interest And Other Financial Charges
InterestAndOtherFinancialCharges
500000000 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2894000000 USD
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2022Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1846000000 USD
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1891000000 USD

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