v3.26.1
Investments
 12 Months Ended
Dec. 31, 2025
EBP 334  
EBP, Investment, Fair Value and NAV [Line Items]  
Investments Investments
A summary of the fair value of the Plan's investments at December 31, 2025 and 2024 follows.
20252024
(in thousands)
Common Stock:
GE Aerospace Common Stock$2,988,451 $1,763,873 
GE Vernova Common Stock— 703,492 
Total Common Stock $2,988,451 $2,467,365 
Registered Investment Companies:
SSGA US Core Equity Fund(a)
1,663,121 2,309,195 
SSGA Income Fund
391,318 397,883 
SSGA Small-Cap Equity Fund
370,317 420,989 
Total Registered Investment Companies
2,424,756 3,128,067 
Collective Funds:(b)
Non-U.S. Equity Index Fund (MSCI ACWI EX-US Index NL Fund F)1,823,383 1,221,120 
U.S. Aggregate Bond Index Fund (US Debt Index NL Fund F)1,290,988 1,061,299 
U.S. Large-Cap Equity Index Fund (Equity Index NL Fund F)2,414,333 2,127,712 
U.S. Mid-Cap Equity Index Fund (Mid Cap Equity NL Fund F)571,284 569,870 
U.S. Small-Cap Equity Index Fund (Russell 2000 Index NL Fund F)477,821 478,406 
U.S. Treasury Inflation-Protected Securities Index Fund (US TIPS NL Fund F)109,146 216,581 
Enhanced Roll Yield Index Fund F19,370 — 
FTSE All Equity REITS Index Non-Lending Fund (FTSE NAREIT All Equity REITS Index)
129,896 — 
Long Term Government Bond Index Non-Lending Fund63,614 — 
Long Term Credit Bond Index Non-Lending Fund86,268 — 
Global Core Infrastructure Index Non-Lending Fund82,185 — 
0-5 Year U.S. TIPS Non-Lendable Fund146,029 — 
Russell 1000 Index Non-Lendable Fund F2,326,436 1,847,971 
State Street Custom Government Reserves Fund
806,519 737,220 
State Street Custom Short Term Interest Fund (State Street Custom Short Term NL S)196,500 180,985 
Arrowstreet US Equity Collective Fund (a)
712,743 — 
Mercer GE International Equity Fund
434,053 319,255 
Commodity Index Daily Fund— 35,219 
BlackRock Developed Real Estate Index Non-Lendable Fund— 147,116 
Total Collective Funds
11,690,568 8,942,754 
Total investments at fair value
$17,103,775 $14,538,186 
(a) Effective in 2025, the RSP US Equity Fund is a separate account that invests in a combination of the Arrowstreet US Equity Collective Fund and SSGA US Core Equity Fund (which are not otherwise offered as direct investment options in the Plan), representing a variety of asset classes.
(b) The Target Retirement Date Funds are separate accounts that invest in a combination of the Index Funds as well as the Commodity Index Daily Fund, BlackRock Developed Real Estate Index Non-Lendable Fund , Enhanced Roll Yield Index Fund, FTSE All Equity REITS Index Non-Lending Fund, Long Term Government Bond Index Non-Lending Fund, Long Term Credit Bond Index Non-Lending Fund, Global Core Infrastructure Index Non-Lending Fund, 0-5 Year U.S. TIPS Non-Lendable Fund, and the Russell 1000 Index Non-Lendable Fund (which are not otherwise offered as direct investment options in the Plan), representing a variety of asset classes.
Fair Value Measurements
The Plan's investments measured at fair value on a recurring basis at December 31, 2025 follow.
Level 1
Level 2
Total
Investments
(in thousands)
Common Stock
$2,988,451$—$2,988,451
Registered Investment Companies
2,424,756—2,424,756
$5,413,207$—$5,413,207
Investments measured at net asset value(a)
Collective Funds
11,690,568
Total investments at fair value
$17,103,775
The Plan’s investments measured at fair value on a recurring basis at December 31, 2024 follow.
Level 1
Level 2
Total
Investments
(in thousands)
Common Stock
$2,467,366$—$2,467,366
Registered Investment Companies
3,128,067—3,128,067
$5,595,433$—$5,595,433
Investments measured at net asset value(a)
Collective Funds
8,942,753
Total investments at fair value
$14,538,186
(a) The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the statements of net assets available for plan benefits. Investments in collective funds are valued based on the year-end unit NAV. The NAV is used as a practical expedient to estimate fair value. These investments are priced daily and there are no unfunded commitments or redemption restrictions associated with the funds. The State Street Government Reserve Fund as included in the above collective funds total, comprises of interest-bearing cash and does not file as direct filing entity with the DOL.