Investor Presentaiton
Other 2023 guidance items
Interest
Taxes*
~$(1)B expense & cash
Adjusted tax rate* mid-20s; adjusted cash taxes roughly aligned
Gε
Adj. corporate costs*
~Flat vs. 2022
Separation costs
Expecting ~$1B of remaining separation costs, excluding tax costs, cash lagging expense
Non-op. benefit costs
Positive & up driven by lower amortization of historical losses & investment gains
Preferred dividends
AER/GEHC stakes
Insurance
Restructuring
Expense recorded within adjusted EPS* ... LIBOR + 333bps
Mark-to-market remaining investment; treated as non-GAAP EPS adjustment
Stable performance ... impacted by COVID & first principles adoption
Expense flat (in & out of segment), total cash slightly down (excl. Corporate separation)
* Non-GAAP Financial Measure
2023 GE INVESTOR CONFERENCE 114View entire presentation