Source: General Electric Company presentations; all figures in millions of U.S. dollars Moreover, Immelt had some soothing words for those worried about the execution risk in the deal. It's part of the near-term risk that credit rating agency Moody's highlighted recently ,but listening to Immelt would have assuaged some concerns. According to him, the SG&A "stuff is straightforward," and with regard to the manufacturing improvements he plans to: In summary, he described the execution risk as being "relatively small."