
	Equity method investment balance		Equity method income (loss)
	Equity method investment balance		Three months ended September 30		Nine months ended September 30
	September 30, 2025	December 31, 2024	2025	2024	2025	2024
Power(a)	$925	$919	$19	$(11)	$25	$29
Wind	32	49	—	—	—	1
Electrification(b)	463	743	57	36	161	78
Corporate(c)	495	438	2	(26)	19	(64)
Total	$1,916	$2,149	$78	$(1)	$205	$44

(a) Includes Aero Alliance, our joint venture with Baker Hughes Company, that supports our customers through the fulfillment of

aeroderivative engines, spare parts, repairs, and maintenance services. Purchases of parts and services from the joint venture were

$206 million and $131 million in the three months ended and $498 million and $494 million in the nine months ended September 30,

2025 and 2024, respectively. The Company owed Aero Alliance $91 million and $24 million as of September 30, 2025 and December

31, 2024, respectively. These amounts have been recorded in Accounts payable and equipment project payables on the Consolidated

(b) In the first quarter of 2025, we sold a portion of our shares in China XD Electric Co., Ltd., which is publicly traded on the Shanghai Stock

Exchange, decreasing our ownership percentage in the investee by approximately 2%. In the third quarter of 2025, we sold a further

portion of our shares, decreasing our ownership percentage by approximately 3%. As a result, the investment was reclassified to All

other current assets on the Consolidated and Combined Statement of Financial Position. See Notes 10 and 18 for further information.

(c) In connection with GE retaining certain renewable energy U.S. tax equity investments as part of the Spin-Off, the Company recognized

a $136 million benefit related to deferred intercompany profit from historical equipment sales to the related investees, recorded in Cost