Risk Factors Update Summary
- Planned separation of GE Aerospace and GE Vernova into independent companies.
- In the past and future, government audits may lead to fines, damages, or penalties.
- Spin-off of GE HealthCare business in January 2023, with GE holding a 13.5% equity interest.
- Legal proceedings now include a variety of disputes, investigations, and compliance risks.
- Increased cybersecurity risks due to evolving technologies and potential cyberattacks against GE networks.
- Trailing liabilities from disposed businesses are now contingent liabilities from exited businesses.
- Operational risks in launching newer product platforms like the Haliade-X offshore wind turbine.
- Supply chain constraints and risks, particularly in meeting production and delivery ramp-up efforts.
- Continued exposure to run-off insurance operations and potential liabilities related to legacy operations.
- Legal and compliance risks related to evolving laws and regulations, including cybersecurity and data privacy.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=40545&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.