General Electric Company (NYSE:GE) Q4 2023 Earnings Call Transcript

That buybacks are going to be an important part of that overall effort beyond just covering dilution. And we’ll certainly look to do meaningful value accretive M&A, the mix, the timing, those details to come. I really want the GE Aerospace board to have more time with those important questions. But we’re looking forward to moving beyond deleveraging playing more offense at Aerospace. And I think well Scott’s got a different hand to play. They’re going to look to continue to certainly invest in organically in the opportunities that they have around the energy transition.

Steve Winoker: Liz, before we wrap, I want to remind folks that GE Aerospace will report GE’s first quarter results in late April with GE Vernova holding a separate call, as result like we did with GE Healthcare, we will focus our comments in late April on Aerospace leaving GE Vernova commentary to Scott and his team. Larry, any final comments?

A – Larry Culp: Steve, thanks. Just to close the call. Again, the team’s delivered in 2023, both Aerospace and Vernova. We’re really looking forward to what’s ahead for both companies as independent entities. Before that day in early April, we hope to see many of you at the Investor Days in March. We appreciate your time today. Your investment and support of GE.

Operator: Thank you, ladies and gentlemen. This concludes today’s conference. Thank you for participating. You may now disconnect.