GENERAL ELECTRIC CO Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
General Electric Co quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • General Electric Co Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $125M, a 50.6% decline year-over-year.
  • General Electric Co Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was $1.08B, a 227% increase year-over-year.
  • General Electric Co annual Income Tax Expense (Benefit) for 2023 was $1.16B.
  • General Electric Co annual Income Tax Expense (Benefit) for 2022 was -$3M, a 99.6% increase from 2021.
  • General Electric Co annual Income Tax Expense (Benefit) for 2021 was -$757M, a 65.1% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.16B +$1.17B Jan 1, 2023 Dec 31, 2023 10-K 2024-02-02
2022 -$3M +$754M +99.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-02
2021 -$757M +$1.41B +65.1% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-02
2020 -$2.17B -$2.72B -493% Jan 1, 2020 Dec 31, 2020 8-K 2023-04-25
2019 $552M +$459M +494% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-11
2018 $93M +$2.9B Jan 1, 2018 Dec 31, 2018 10-K 2021-02-12
2017 -$2.81B -$1.68B -148% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-24
2016 -$1.13B -$7.62B -117% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-26
2015 $6.49B +$5.71B +739% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-23
2014 $773M -$446M -36.6% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-24
2013 $1.22B -$1.31B -51.7% Jan 1, 2013 Dec 31, 2013 8-K 2016-06-03
2012 $2.53B -$3.22B -56% Jan 1, 2012 Dec 31, 2012 8-K 2015-08-07
2011 $5.75B +$4.71B +453% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-27
2010 $1.04B Jan 1, 2010 Dec 31, 2010 10-K 2013-02-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.