GE Files 8-K on Financial Condition, Debt Notes Due 2025-2037

TL;DR

**GE just dropped an 8-K on its financial condition and debt notes, keep an eye on those maturities.**

AI Summary

General Electric Co. filed an 8-K on January 23, 2024, to report the results of operations and financial condition, specifically regarding various notes due between 2025 and 2037. This filing indicates GE is providing updated financial information related to its debt instruments. For investors, this matters because it offers transparency into the company's financial health and its ability to manage its long-term debt obligations, which can impact future profitability and stock performance.

Why It Matters

This filing provides updated financial information on GE's debt, which is crucial for investors to assess the company's financial stability and its capacity to meet future obligations.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial condition and debt instruments, not indicating any immediate new risks or major changes.

Analyst Insight

Investors should review the full financial statements and exhibits referenced in this 8-K to understand the detailed implications of GE's financial condition and debt management strategies.

Key Numbers

• 2025 — Maturity Year (for 0.875% Notes)
• 2027 — Maturity Year (for 1.875% Notes)
• 2029 — Maturity Year (for 1.500% Notes)
• 2035 — Maturity Year (for 7.5% Guaranteed Subordinated Notes)
• 2037 — Maturity Year (for 2.125% Notes)

Key Players & Entities

• General Electric Company (company) — registrant
• 0.875% Notes Due 2025 (dollar_amount) — debt instrument
• 1.875% Notes Due 2027 (dollar_amount) — debt instrument
• 1.500% Notes Due 2029 (dollar_amount) — debt instrument
• 7.5% Guaranteed Subordinated Notes Due 2035 (dollar_amount) — debt instrument
• 2.125% Notes Due 2037 (dollar_amount) — debt instrument

FAQ

From the Filing

0000040545-24-000024.txt : 20240123 0000040545-24-000024.hdr.sgml : 20240123 20240123062308 ACCESSION NUMBER: 0000040545-24-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240123 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240123 DATE AS OF CHANGE: 20240123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ELECTRIC CO CENTRAL INDEX KEY: 0000040545 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 140689340 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00035 FILM NUMBER: 24550445 BUSINESS ADDRESS: STREET 1: ONE FINANCIAL CENTER STREET 2: SUITE 3700 CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 617-443-3000 MAIL ADDRESS: STREET 1: ONE FINANCIAL CENTER STREET 2: SUITE 3700 CITY: BOSTON STATE: MA ZIP: 02111 8-K 1 ge-20240123.htm 8-K ge-20240123 0000040545 false 0000040545 2024-01-23 2024-01-23 0000040545 us-gaap:CommonStockMember 2024-01-23 2024-01-23 0000040545 ge:A0.875NotesDue2025Member 2024-01-23 2024-01-23 0000040545 ge:A1.875NotesDue2027Member 2024-01-23 2024-01-23 0000040545 ge:A1.500NotesDue2029Member 2024-01-23 2024-01-23 0000040545 ge:A7.5GuaranteedSubordinatedNotesDue2035Member 2024-01-23 2024-01-23 0000040545 ge:A2.125NotesDue2037Member 2024-01-23 2024-01-23 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 23, 2024 General Electric Co mpany (Exact name of registrant as specified in its charter)   New York 001-00035 14-0689340 (State or other jurisdiction  of incorporation) (Commission  File Number) (IRS Employer  Identification No.)       One Financial Center, Suite 3700 Boston, MA   02111 (Address of principal executive offices)   (Zip Code)         (Registrant’s telephone number, including area code) ( 617 ) 443-3000 _______________________________________________ (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share GE New York Stock Exchange 0.875% Notes due 2025 GE 25 New York Stock Exchange 1.875% Notes due 2027 GE 27E New York Stock Exchange 1.500% Notes due 2029 GE 29 New York Stock Exchange 7 1/2% Guaranteed Subordinated Notes due 2035 GE /35 New York Stock Exchange 2.125% Notes due 2037 GE 37 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐ Item 2.