v3.26.3
STATEMENT OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues        
Insurance revenue (Note 12) $ 833 $ 875 $ 2,326 $ 2,681
Total revenue 14,118 12,181 39,859 33,138
Costs and expenses        
Selling, general and administrative expenses 1,114 1,195 3,330 3,091
Separation costs 3 53 93 150
Research and development 458 415 1,358 1,132
Interest and other financial charges 231 225 675 593
Insurance losses, annuity benefits and other costs (Note 12) 1,020 500 2,168 1,899
Non-operating benefit cost (income) (178) (198) (531) (596)
Total costs and expenses 11,745 9,951 32,784 26,874
Other income (loss) (Note 18) 432 285 730 885
Income (loss) from continuing operations before income taxes 2,805 2,515 7,804 7,149
Benefit (provision) for income taxes (Note 15) (385) (344) (1,044) (1,015)
Net income (loss) from continuing operations 2,420 2,171 6,761 6,133
Income (loss) from discontinued operations, net of taxes (Note 2) (124) (17) (188) 14
Net income (loss) 2,296 2,154 6,573 6,147
Less net income (loss) attributable to noncontrolling interests 8 (3) 11 (16)
Net income (loss) attributable to the Company 2,288 2,157 6,562 6,163
Net income (loss) attributable to common shareholders $ 2,288 $ 2,157 $ 6,562 $ 6,163
Earnings (loss) per share from continuing operations (Note 17)        
Diluted earnings (loss) per share (in dollars per share) $ 2.32 $ 2.04 $ 6.44 $ 5.73
Basic earnings (loss) per share (in dollars per share) 2.33 2.06 6.49 5.78
Net earnings (loss) per share (Note 17)        
Diluted earnings (loss) per share (in dollars per share) 2.20 2.02 6.27 5.75
Basic earnings (loss) per share (in dollars per share) $ 2.21 $ 2.04 $ 6.31 $ 5.79
Equipment        
Revenues        
Sales $ 3,924 $ 3,163 $ 10,794 $ 8,659
Costs and expenses        
Cost of sales 3,951 3,361 11,049 8,451
Services        
Revenues        
Sales 9,361 8,143 26,739 21,798
Costs and expenses        
Cost of sales $ 5,145 $ 4,401 $ 14,642 $ 12,154