GE Vernova Inc. (GEV) FY2024 Annual Balance Sheet

GE Vernova Inc. (GEV) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets

51,485,000,000 US dollars

Current assets

34,153,000,000 US dollars

Non-current assets

17,332,000,000 US dollars

Liabilities

40,892,000,000 US dollars

Current liabilities

31,685,000,000 US dollars

Non-current liabilities

9,207,000,000 US dollars

Equity

10,593,000,000 US dollars

Noncontrolling interest

1,047,000,000 US dollars. Included in consolidated equity; this amount is not added again.

Current contract assets (Note 9)

8,621,000,000 US dollars

Inventories, including deferred inventory costs (Note 5)

8,587,000,000 US dollars

Cash, cash equivalents, and restricted cash

8,205,000,000 US dollars

Current receivables - net - Nonrelated party

8,174,000,000 US dollars

All other current assets (Note 10)

562,000,000 US dollars

Current receivables - net - Related party

4,000,000 US dollars

Assets of business held for sale (Note 3)

0 US dollars

Property, plant, and equipment – net (Note 6)

5,150,000,000 US dollars

Goodwill (Note 8)

4,263,000,000 US dollars

All other assets (Note 10)

2,763,000,000 US dollars

Equity method investments (Note 11)

2,149,000,000 US dollars

Deferred income taxes (Note 15)

1,639,000,000 US dollars

Intangible assets – net (Note 8)

813,000,000 US dollars

Contract and other deferred assets (Note 9)

555,000,000 US dollars

Contract liabilities and deferred income (Note 9)

17,587,000,000 US dollars

Accounts payable and equipment project payables - Nonrelated party

8,578,000,000 US dollars

All other current liabilities (Note 14)

5,496,000,000 US dollars

Accounts payable and equipment project payables - Related party

24,000,000 US dollars

Liabilities of business held for sale (Note 3)

0 US dollars

All other liabilities (Note 14)

5,116,000,000 US dollars

Non-current compensation and benefits

3,264,000,000 US dollars

Deferred income taxes (Note 15)

827,000,000 US dollars

Additional paid-in capital

9,733,000,000 US dollars

Retained earnings

1,611,000,000 US dollars

Common stock, par value $0.01 per share, 1,000,000,000 shares authorized, 275,880,314 shares outstanding as of December 31, 2024

3,000,000 US dollars

Net parent investment

0 US dollars

Noncontrolling interests

1,047,000,000 US dollars

Accumulated other comprehensive income (loss) – net attributable to GE Vernova (Note 16)

negative 1,759,000,000 US dollars

Treasury common stock, 226,290 shares at cost

negative 43,000,000 US dollars

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.

• The filed equity lines add up to $10,592.00 M and the equity total is $10,593.00 M; the $1.00 M difference is within the rounding of the filed amounts.