On January 16, 2018, John announced that because of the “comprehensive review” of GE’s “run-off” insurance businesses, GE would take a $9.5 billion pretax charge ($6.2 billion after tax) to its fourth-quarter-2017 earnings. He announced further that, with the consent of the Kansas Insurance Department, GE Capital would make capital contributions of roughly $15 billion over the subsequent seven years, with $3 billion of that injection coming in the first quarter of 2018.
