Discontinued — last reported Q1 '24
Business Segments · Contract and other deferred assets (Note 9)
Aerospace — Contract and other deferred assets (Note 9)
General Electric Aerospace — Contract and other deferred assets (Note 9) increased by 0.3% to $4.80B in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 2.3%, from $4.91B to $4.80B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2024
Rolls up toContract and other deferred assets (Note 8)
How to read this metric
An increase suggests significant investment in contract fulfillment, which should support future revenue streams.
Detailed definition
Long-term or short-term assets representing costs incurred to fulfill a contract that are expected to be recovered throu...
Peer comparison
Standard deferred cost accounting found in long-cycle manufacturing and service businesses.
Metric ID:
ge_segment_aerospace_contract_and_other_deferred_assets_note_9Historical Data
9 periods
| Q4 '21 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $5.10B | $5.17B | $5.21B | $5.03B | $4.91B | $4.81B | $4.79B | $4.79B | $4.80B |
| QoQ Change | — | +1.4% | +0.7% | -3.4% | -2.4% | -2.1% | -0.3% | -0.2% | +0.3% |
| YoY Change | — | — | — | -1.3% | — | -7.0% | -8.0% | -4.9% | -2.3% |
Range$4.79B – $5.21B
CAGR-3.0%
Avg YoY Growth-4.7%
Median YoY Growth-4.9%
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Frequently Asked Questions
- What is General Electric's aerospace — contract and other deferred assets (note 9)?
- General Electric (GE) reported aerospace — contract and other deferred assets (note 9) of $4.80B in Q1 2024.
- How has General Electric's aerospace — contract and other deferred assets (note 9) changed year-over-year?
- General Electric's aerospace — contract and other deferred assets (note 9) decreased by 2.3% year-over-year, from $4.91B to $4.80B.
- What does aerospace — contract and other deferred assets (note 9) mean?
- Costs incurred to fulfill contracts that are deferred to be matched against future revenue.