Exhibit 12
General Electric Company Ratio of Earnings to Fixed Charges
(Dollars in millions)		Nine months ended  September 30, 2002
GE except GECS
Earnings (a)		$	15,294
Less:	Equity in undistributed earnings of General Electric
	Capital Services, Inc. (b)		(3,025)
Plus:	Interest and other financial
	charges included in expense		444
	One-third of rental expense (c)		174
Adjusted "earnings"		$	12,887
Fixed Charges:
	Interest and other financial charges	$	444
	Interest capitalized		11
	One-third of rental expense (c)		174
Total fixed charges		$	629
Ratio of earnings to fixed charges			20.49
General Electric Company and consolidated affiliates
Earnings (a)		$	16,128
Plus:	Interest and other financial charges
	included in expense		7,670
	One-third of rental expense (c)		416
Adjusted "earnings"		$	24,214
Fixed Charges:
	Interest and other financial charges	$	7,670
	Interest capitalized		40
	One-third of rental expense (c)		416
Total fixed charges		$	8,126
Ratio of earnings to fixed charges			2.98
(a)	Earnings before income taxes, minority interest and accounting changes.
(b)	Earnings after income taxes, net of dividends, and before accounting changes.
(c)	Considered to be representative of interest factor in rental expense.