GE Aerospace (GE) balance sheet

NYSE · Industrials · Aerospace & Defense · 57,000 employees · CEO H. Lawrence Culp Jr.

Price: $301.80 -3.59%
Market cap: $313B
Enterprise value: $324B
Last report: Q3 '26 filed 2026-10-20
Next report: 2027-01-21 EPS est. $2.03

At the end of Q3 '26 GE Aerospace (GE) held $8.76B in cash and short-term investments against $19.3B of debt incl. leases. Total assets $127B, total liabilities $109B, shareholders' equity $17.5B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$15.2B	$18.4B	$12.1B	$13.7B	$13.6B	$12.4B	$10.9B	$12.5B	$12.4B	$11B	$9.35B	$8.76B
Short-term investments	$5.71B	$3.74B	$3.34B	$2.23B	$982M	$1B	$998M	$1.01B	$0	$0	$0	$0
Receivables	$11.6B	$16.6B	$11.1B	$11.8B	$12.3B	$12.6B	$13.6B	$13.8B	$15.3B	$12.5B	$12.4B	$14B
Inventory	$8.28B	$17.6B	$9.47B	$9.72B	$9.76B	$10.5B	$11.3B	$11.7B	$11.9B	$12.4B	$12.4B	$12.7B
Other current assets	$1.78B	$3.16B	$1.35B	$1.16B	$962M	$1.07B	$1.07B	$0	$1.05B	$4.55B	$5.55B	$6B
Current assets	$42.6B	$59.6B	$37.4B	$38.6B	$37.6B	$37.6B	$37.8B	$39B	$40.6B	$40.4B	$39.7B	$41.5B
Property, plant & equipment (net)	$7.25B	$12.3B	$7.1B	$7.25B	$7.28B	$7.43B	$7.52B	$7.61B	$7.99B	$7.97B	$8.14B	$8.33B
Long-term investments	$38B	$38.7B	$38.1B	$39.5B	$39.2B	$38B	$37.9B	$38.2B	$38.8B	$38.2B	$37.9B	$35.9B
Goodwill	$8.95B	$13.3B	$8.86B	$8.75B	$8.54B	$8.7B	$9.01B	$9.04B	$9.06B	$9B	$8.95B	$8.97B
Intangible assets	$4.64B	$5.55B	$4.39B	$4.37B	$4.26B	$4.28B	$4.34B	$4.28B	$4.23B	$4.15B	$4.09B	$4.03B
Deferred tax assets	$10.3B	$10.3B	$7.34B	$7.49B	$9.73B	$6.96B	$6.89B	$6.85B	$7.46B	$6.97B	$6.93B	$6.78B
Other non-current assets	$64.4B	$24.1B	$20B	$20.7B	$19.1B	$21.2B	$21.8B	-$45B	$22.1B	$21.8B	$20B	$21.6B
Non-current assets	$134B	$104B	$85.8B	$88B	$88.1B	$86.5B	$87.5B	$20.9B	$89.6B	$88.1B	$86B	$85.7B
Total assets	$176B	$164B	$123B	$127B	$126B	$124B	$125B	$128B	$130B	$128B	$128B	$127B
Liabilities
Accounts payable	$6.76B	$15.2B	$7.71B	$7.83B	$7.51B	$8.63B	$9.5B	$9.49B	$10.1B	$10.7B	$10.8B	$11B
Accrued expenses	$4B	$0	$0	$0	$355M	$0	$0	$0	$0	$0	$0	$0
Short-term debt	$1.42B	$1.03B	$1.99B	$1.97B	$2.32B	$2.37B	$1.89B	$2.35B	$1.69B	$2.1B	$2B	$2.34B
Taxes payable	$1.06B	$456M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$420M	$0	$8.67B	$9.05B	$359M	$9.62B	$16.8B	$9.85B	$18B	$10.2B	$18.1B	$18.5B
Other current liabilities	$18.9B	$34.9B	$14.4B	$15.2B	$23.8B	$14.3B	$8.03B	$15.5B	$9.22B	$17B	$9.51B	$10.5B
Current liabilities	$32.1B	$51.1B	$32.8B	$34.1B	$34.4B	$34.9B	$36.5B	$37.2B	$39B	$40B	$40.4B	$42.4B
Long-term debt	$19.4B	$19.5B	$18B	$18.2B	$17.2B	$17.5B	$17B	$19.6B	$18.8B	$18.2B	$17.2B	$17B
Lease obligations (non-current)	$931M	$1.91B	$862M	$842M	$822M	$862M	$823M	$796M	$0	$0	$0	$0
Deferred revenue (non-current)	$975M	$1.3B	$960M	$972M	$1.01B	$1.05B	$1.04B	$1.08B	$1.07B	$1.08B	$1.07B	$976M
Deferred tax liabilities	$2.81B	$0	$0	$0	$2.62B	$0	$0	$0	$0	$0	$0	$0
Other non-current liabilities	$91.3B	$59.1B	$51.8B	$53.4B	$50.1B	$50.3B	$50.6B	$50.6B	$52.4B	$50.9B	$51.1B	$49.1B
Non-current liabilities	$115B	$81.8B	$71.6B	$73.5B	$71.8B	$69.7B	$69.4B	$72B	$72.3B	$70.1B	$69.4B	$67.1B
Total liabilities	$148B	$133B	$104B	$108B	$106B	$105B	$106B	$109B	$111B	$110B	$110B	$109B
Equity
Common stock & paid-in capital	$15M	$15M	$15M	$15M	$15M	$15M	$15M	$15M	$15M	$15M	$15M	$15M
Retained earnings	$86.6B	$88.1B	$77.3B	$78.9B	$80.5B	$82.1B	$83.7B	$85.5B	$87.7B	$89.1B	$91B	$92.8B
Accumulated other comprehensive income	$20.8B	$20.3B	$21.2B	$20B	$20.4B	$20.2B	-$4.02B	-$4.35B	-$4.8B	-$4.49B	-$4.95B	-$5.06B
Shareholders' equity	$27.4B	$29.9B	$18.6B	$18.9B	$19.3B	$19.3B	$19.1B	$18.8B	$18.7B	$18.1B	$17.6B	$17.5B
Debt
Total debt (incl. leases)	$21.8B	$22.4B	$20.8B	$21.1B	$20.4B	$20.7B	$20B	$22.7B	$20.5B	$20.3B	$19.2B	$19.3B
Net debt (debt - cash)	$6.56B	$3.99B	$8.72B	$7.33B	$6.76B	$8.31B	$9.14B	$10.2B	$8.1B	$9.3B	$9.81B	$10.6B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$48.1B	$44B	$31.1B	$35.8B	$36.5B	$15.8B	$15.8B	$15.2B	$13.6B	$12.4B
Short-term investments	$0	$0	$0	$9.89B	$7.32B	$12.3B	$7.61B	$5.71B	$982M	$0
Receivables	$42.3B	$40.8B	$29.5B	$27.7B	$22.5B	$20.5B	$17.3B	$11.6B	$12.3B	$15.3B
Inventory	$22.4B	$19.4B	$13.8B	$17.2B	$15.9B	$15.8B	$14.9B	$8.28B	$9.76B	$11.9B
Other current assets	$0	$0	$0	$12.5B	$2.25B	$1.59B	$2.46B	$1.78B	$962M	$1.05B
Current assets	$113B	$104B	$74.4B	$103B	$84.9B	$66.3B	$58.4B	$42.6B	$37.6B	$40.6B
Property, plant & equipment (net)	$50.5B	$53.9B	$43.6B	$45.9B	$16.7B	$15.6B	$12.2B	$7.25B	$7.28B	$7.99B
Long-term investments	$84.7B	$52.5B	$44.4B	$53.9B	$42.5B	$42.2B	$47.3B	$38B	$39.2B	$38.8B
Goodwill	$70.4B	$84B	$34B	$26.7B	$25.5B	$26.2B	$13B	$8.95B	$8.54B	$9.06B
Intangible assets	$16.4B	$20.3B	$12.2B	$10.7B	$9.67B	$9.33B	$6.11B	$4.64B	$4.26B	$4.23B
Deferred tax assets	$26.2B	$22.2B	$20.7B	$11.4B	$14.3B	$10.9B	$10B	$10.3B	$9.73B	$7.46B
Other non-current assets	$28.5B	$45.6B	$90.4B	$15.1B	$62.7B	$28.3B	$41.8B	$64.4B	$19.1B	$22.1B
Non-current assets	$277B	$278B	$245B	$164B	$171B	$133B	$130B	$134B	$88.1B	$89.6B
Total assets	$390B	$383B	$320B	$267B	$256B	$199B	$189B	$176B	$126B	$130B
Liabilities
Accounts payable	$14.4B	$15.2B	$13.8B	$17.4B	$16.5B	$16.2B	$15.4B	$6.76B	$7.51B	$10.1B
Accrued expenses	$16.8B	$22.1B	$19B	$5.11B	$4.84B	$4.68B	$3.34B	$0	$355M	$0
Short-term debt	$30.7B	$24B	$12.8B	$23.6B	$4.71B	$4.36B	$3.74B	$1.42B	$2.32B	$1.69B
Taxes payable	$0	$0	$503M	$429M	$463M	$500M	$1.02B	$1.06B	$0	$0
Deferred revenue	$0	$0	$19B	$20.5B	$0	$0	$0	$420M	$359M	$18B
Other current liabilities	$19.7B	$18B	-$4.62B	$11.8B	$28.1B	$26.2B	$26.4B	$22.9B	$23.8B	$9.22B
Current liabilities	$81.6B	$79.3B	$60.5B	$78.9B	$54.6B	$52B	$49.4B	$32.1B	$34.4B	$39B
Long-term debt	$105B	$111B	$90.8B	$67.2B	$70.2B	$30.8B	$20.3B	$19.4B	$17.2B	$18.8B
Lease obligations (non-current)	$0	$0	$0	$3.61B	$3.2B	$2.85B	$2.09B	$931M	$822M	$0
Deferred revenue (non-current)	$0	$0	$0	$1.56B	$1.8B	$1.99B	$1.41B	$975M	$1.01B	$1.07B
Deferred tax liabilities	$24.4B	$13.4B	$8.58B	$1.5B	$1.6B	$0	$0	$2.81B	$2.62B	$0
Other non-current liabilities	$97.6B	$103B	$108B	$83.6B	$87.3B	$69.5B	$80.7B	$91.3B	$50.1B	$52.4B
Non-current liabilities	$227B	$226B	$207B	$158B	$164B	$105B	$105B	$115B	$71.8B	$72.3B
Total liabilities	$309B	$306B	$268B	$236B	$219B	$157B	$154B	$148B	$106B	$111B
Equity
Common stock & paid-in capital	$702M	$702M	$702M	$702M	$702M	$15M	$15M	$15M	$15M	$15M
Retained earnings	$140B	$117B	$93.1B	$87.7B	$92.2B	$85.1B	$83B	$86.6B	$80.5B	$87.7B
Accumulated other comprehensive income	$18.6B	$23B	$21.1B	$22.7B	$24.6B	$36.3B	$31.9B	$20.8B	$20.4B	-$4.8B
Shareholders' equity	$75.8B	$56B	$31B	$28.3B	$35.6B	$40.3B	$33.7B	$27.4B	$19.3B	$18.7B
Debt
Total debt (incl. leases)	$136B	$135B	$104B	$94.5B	$78.1B	$38B	$26.1B	$21.8B	$20.4B	$20.5B
Net debt (debt - cash)	$88.1B	$90.6B	$72.5B	$58.7B	$41.6B	$22.3B	$10.3B	$6.56B	$6.76B	$8.1B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30

Data as of 2026-11-01