GE CEO Culp on Cash Flow, Power Business, Debt Rating

GE CEO Culp on Cash Flow, Power Business, Debt Rating

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Business

University

Hard

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The transcript discusses GE's financial projections, highlighting a potential cash flow of zero to minus $2 billion. It covers the performance of various business sectors, with power being a significant challenge due to inherited liabilities and restructuring needs. The company plans to invest in long-term improvements and address inheritance taxes. GE's deleveraging strategy involves asset sales to reduce industrial balance sheet leverage. The company maintains communication with rating agencies to ensure transparency and aims to fortify its financials.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the company face after the Alstom acquisition?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company plan to address its debt rating situation?

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