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GE Vernova Inc.
Companies
"Workforce"
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Tables in SEC filings
Source
RESTRUCTURING AND OTHER CHARGES | 2024 | 2023 | 2022 |
Workforce reductions | $147 | $224 | $119 |
Plant closures and associated costs and other asset write-downs | 266 | 173 | 166 |
Acquisition/disposition net charges and other | 8 | 46 | 29 |
Total restructuring and other charges | $421 | $443 | $314 |
Cost of equipment and services | $256 | $147 | $192 |
Selling, general, and administrative expenses | 165 | 296 | 122 |
Total restructuring and other charges | $421 | $443 | $314 |
Power | $266 | $124 | $141 |
Wind | 141 | 232 | 156 |
Electrification | 19 | 54 | 1 |
Other | (5) | 33 | 16 |
Total restructuring and other charges(a) | $421 | $443 | $314 |
RESTRUCTURING AND OTHER CHARGES | Three months ended March 31, | |||||||
2024 | 2023 | |||||||
Workforce reductions | $ | 76 | $ | 45 | ||||
Plant closures and associated costs and other asset write-downs | 66 | 57 | ||||||
Acquisition/disposition net charges and other | 5 | 10 | ||||||
Total restructuring and other charges | $ | 147 | $ | 113 | ||||
Cost of equipment and services | $ | 104 | $ | 32 | ||||
Selling, general, and administrative expenses | 42 | 80 | ||||||
Total restructuring and other charges | $ | 147 | $ | 113 | ||||
Power | $ | 48 | $ | 21 | ||||
Wind | 89 | 52 | ||||||
Electrification | 10 | 30 | ||||||
Other | — | 11 | ||||||
Total restructuring and other charges(a) | $ | 147 | $ | 113 |
For the years ended December 31, | 2023 | 2022 | 2021 | |||||||||
Workforce reductions | $ | 224 | $ | 119 | $ | 473 | ||||||
Plant closures and associated costs and other asset write-downs | 173 | 166 | 80 | |||||||||
Acquisition / disposition net charges and other | 46 | 29 | (47) | |||||||||
Total restructuring and other charges | $ | 443 | $ | 314 | $ | 506 | ||||||
Cost of equipment and services | $ | 147 | $ | 192 | $ | 369 | ||||||
Selling, general and administrative expenses | 296 | 122 | 137 | |||||||||
Total restructuring and other charges | $ | 443 | $ | 314 | $ | 506 | ||||||
Power | $ | 124 | $ | 141 | $ | 337 | ||||||
Wind | 232 | 156 | 40 | |||||||||
Electrification | 54 | 1 | 116 | |||||||||
Other | 33 | 16 | 13 | |||||||||
Total restructuring and other charges(a) | $ | 443 | $ | 314 | $ | 506 |