GE · 10-Q · 2026Q2 · Full report

Outstanding Indebtedness and Credit Facilities

GENERAL ELECTRIC CO · 2026-07-16 · Importance 61 · Surprise 32 · In source text

The filing discloses borrowings (not carried at fair value) with a carrying amount of $19,157 million and an estimated fair value of $18,979 million as of June 30, 2026 (compared with carrying amount $20,494 million and estimated fair value $20,558 million as of December 31, 2025). Substantially all the non-fair-valued assets in the table are Level 3 and substantially all the liabilities’ fair values are considered Level 2. The company also describes cumulative hedging adjustments that are included primarily in long-term borrowings (see fair value hedges discussion), indicating interactions between hedging programs and the carrying values of the company’s long-term debt. These borrowing amounts and related fair value disclosures indicate material interest rate and refinancing exposure on GE’s balance sheet.

Key facts

• Consolidated total borrowings were $19,200 million at June 30, 2026 and $20,500 million at December 31, 2025; decrease of $1.3 billion due to maturities and exchange rates. source
• Investment contracts carrying amount as of June 30, 2026: $1,093 million with estimated fair value $1,162 million; as of December 31, 2025 carrying amount $1,140 million with estimated fair value $1,199 million. source
• The company has a five-year unsecured revolving credit facility maturing in 2029 in an aggregate committed amount of $3.0 billion with zero outstanding at June 30, 2026. source
• Total borrowings at June 30, 2026: $19,157 million (short-term borrowings $2,000 million, long-term borrowings $17,157 million). source
• Senior notes outstanding at June 30, 2026: $15,238 million (part of long-term borrowings). source
• In 2025 GE Aerospace issued $2,000 million aggregate principal of senior unsecured debt: $1,000 million of 4.3% senior notes due 2030 and $1,000 million of 4.9% senior notes due 2036. source
• Carrying amount of borrowings as of June 30, 2026: $19,157 million with estimated fair value $18,979 million; as of December 31, 2025 carrying amount $20,494 million with estimated fair value $20,558 million. source
• Carrying amount of commercial and residential mortgage loans as of June 30, 2026: $2,228 million with estimated fair value $2,166 million; as of December 31, 2025 carrying amount $2,197 million with estimated fair value $2,153 million. source

Impact estimates