v3.25.1
SEGMENT INFORMATION & REMAINING PERFORMANCE OBLIGATION - Summary of Revenue, Expense, Profit and Income by Segments (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items]    
Selling, general and administrative expenses $ 876 $ 1,026
Research and development 359 270
Total costs and expenses 7,992 7,974
Interest and other financial charges (210) (263)
Non-operating benefit income (cost) 201 217
Benefit (provision) for income taxes (283) (244)
Net income (loss) from continuing operations attributable to common shareholders 1,967 1,741
Net income (loss) from discontinued operations attributable to common shareholders 10 (202)
Net income (loss) attributable to common shareholders 1,978 1,539
Equipment    
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items]    
Cost of revenue 2,335 2,465
Services    
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items]    
Cost of revenue 3,660 3,281
Operating segments    
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items]    
Gross profit (loss) 2,216 1,675
Operating segments | Commercial Engines & Services    
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items]    
Cost of revenue 4,497 4,178
Selling, general and administrative expenses 423 426
Research and development 288 201
Other segment expenses (income) (151) (129)
Total costs and expenses 5,057 4,676
Gross profit (loss) 1,920 1,419
Operating segments | Defense & Propulsion Technologies    
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items]    
Cost of revenue 1,725 1,781
Selling, general and administrative expenses 243 257
Research and development 72 67
Other segment expenses (income) (12) (48)
Total costs and expenses 2,029 2,056
Gross profit (loss) 296 256
Corporate & Other    
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items]    
Gross profit (loss) 43 355
Corporate, non-segment    
Segment, Reconciliation of Other Items from Segments to Consolidated [Line Items]    
Interest and other financial charges (210) (263)
Non-operating benefit income (cost) 201 217
Benefit (provision) for income taxes $ (283) $ (244)