GE · 10-Q · 2026Q2 · Full report

Commitments, Guarantees and Credit Support

GENERAL ELECTRIC CO · 2026-07-16 · Importance 64 · Surprise 42 · In source text

Following the separation of GE Vernova, GE retains performance and bank guarantees on behalf of GE Vernova and estimates GE Vernova RPO and other obligations related to GE Aerospace credit support to be approximately $7,000 million. The company expects roughly $5,000 million of that RPO to contractually mature by the end of 2030 and notes GE Vernova is obligated to reimburse and indemnify GE for any payments under those instruments; GE Vernova also began paying GE a quarterly fee on amounts related to the credit support beginning in 2025. GE has recorded a reserve for its 'stand ready to perform' obligation (amount redacted in the filing) and states the maximum aggregate exposure under the GE Aerospace credit support cannot be reasonably estimated, though certain guarantees and trade finance instruments have stated maximum exposures. The disclosure highlights ongoing contingent customer/affiliate credit exposure and transitional financial support tied to the spin-off.

Key facts

• We have committed to provide financing assistance of $2,978 million for future customer acquisitions of aircraft equipped with our engines. source
• As of June 30, 2026, total investment commitments related to run-off insurance operations were $4,209 million, including obligations to make investments in unconsolidated VIEs of $4,043 million. source

Impact estimates