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Summary of Operating Segments (Tables)
3 Months Ended
Mar. 31, 2013
Summary of Operating Segments [Abstract]  
Summary of operating segments
       Three months ended March 31
       (Unaudited)
(In millions)      2013 2012
            
Revenues(a)           
   Power & Water      $ 4,825 $ 6,551
Oil & Gas        3,399   3,406
Energy Management        1,748   1,722
   Aviation        5,074   4,891
   Healthcare        4,289   4,300
   Transportation        1,422   1,270
   Home & Business Solutions        1,917   1,915
Total industrial segment revenues        22,674   24,055
   GE Capital        11,535   11,340
      Total segment revenues        34,209   35,395
Corporate items and eliminations(a)        801   (315)
Consolidated revenues and other income      $ 35,010 $ 35,080
            
Segment profit(a)           
   Power & Water      $ 719 $ 1,188
Oil & Gas        325   340
Energy Management        15   21
   Aviation        936   862
   Healthcare        595   585
   Transportation        267   232
   Home & Business Solutions        79   57
Total industrial segment profit        2,936   3,285
   GE Capital        1,927   1,772
      Total segment profit         4,863   5,057
Corporate items and eliminations(a)        (479)   (1,061)
GE interest and other financial charges        (324)   (315)
GE provision for income taxes        (424)   (450)
Earnings from continuing operations attributable            
  to the Company        3,636   3,231
Earnings (loss) from discontinued operations,            
  net of taxes, attributable to the Company        (109)   (197)
Consolidated net earnings attributable to           
   the Company      $ 3,527 $ 3,034
            
            

  • Segment revenues includes both revenues and other income related to the segment. Segment profit excludes results reported as discontinued operations, earnings attributable to noncontrolling interests of consolidated subsidiaries, GECC preferred stock dividends declared and accounting changes. Segment profit excludes or includes interest and other financial charges and income taxes according to how a particular segment's management is measured – excluded in determining segment profit, which we sometimes refer to as “operating profit,” for Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation and Home & Business Solutions; included in determining segment profit, which we sometimes refer to as “net earnings,” for GE Capital.

 

See accompanying notes.