v3.25.3
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI) AND COMMON STOCK
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI) AND COMMON STOCK ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI) AND COMMON STOCK
Currency
translation
adjustment
Benefit plans
Cash flow
hedges
Total AOCI
Balance as of July 1, 2025
$(1,296)
$(217)
$68
$(1,445)
AOCI before reclasses – net of taxes of $5, $(3), and $—
31
21
23
75
Reclasses from AOCI – net of taxes of $—, $(1), and $—
(72)
4
(68)
Less: AOCI attributable to noncontrolling interests
Balance as of September 30, 2025
$(1,266)
$(268)
$95
$(1,438)
Balance as of July 1, 2024
$(1,441)
$333
$77
$(1,031)
Transfer or allocation of benefit plans – net of taxes of $—, $—, and $—
AOCI before reclasses – net of taxes of $—, $4, and $—
99
(12)
(18)
69
Reclasses from AOCI – net of taxes of $—, $—, and $—
(66)
(2)
(68)
Less: AOCI attributable to noncontrolling interests
Balance as of September 30, 2024
$(1,342)
$254
$57
$(1,031)
Balance as of January 1, 2025
$(1,734)
$(58)
$33
$(1,759)
AOCI before reclasses – net of taxes of $3, $9, and $—
471
6
39
516
Reclasses from AOCI – net of taxes of $—, $(3), and $—
(214)
22
(192)
Less: AOCI attributable to noncontrolling interests
3
1
4
Balance as of September 30, 2025
$(1,266)
$(268)
$95
$(1,438)
Balance as of January 1, 2024
$(1,335)
$674
$26
$(635)
Transfer or allocation of benefit plans – net of taxes of $—, $(207), and $—
(207)
(207)
AOCI before reclasses – net of taxes of $33, $14, and $— (a)
105
(4)
10
111
Reclasses from AOCI – net of taxes of $—, $(2), and $— (b)
(111)
(207)
20
(298)
Less: AOCI attributable to noncontrolling interests
1
2
Balance as of September 30, 2024
$(1,342)
$254
$57
$(1,031)
(a) Currency translation adjustment includes $39 million of AOCI allocated to GE Vernova in connection with the Spin-Off.
(b) The total reclassification of AOCI included $111 million of currency translation adjustment related to the sale of a portion of Steam Power
nuclear activities to EDF. See Notes 15 and 18 for further information.
Common Stock. On April 2, 2024, the Company began trading as an independent, publicly traded company under the stock symbol “GEV”
on the New York Stock Exchange. On April 2, 2024, there were 274,085,523 shares of GE Vernova common stock outstanding. On
September 30, 2025, there were 271,320,459 shares of GE Vernova common stock outstanding. On December 10, 2024, we announced
that the Board of Directors had authorized up to $6 billion of common stock repurchases. In connection with this authorization, we
repurchased 1.1 million and 6.3 million shares for $658 million and $2,241 million during the three and nine months ended September 30,
2025, respectively, excluding commission fees and excise taxes.