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Earnings Per Share Information
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share Information

NOTE 13. EARNINGS PER SHARE INFORMATION

Three months ended March 31
20152014
(In millions; per-share amounts in dollars)DilutedBasicDilutedBasic
Amounts attributable to the Company:
Consolidated
Earnings (loss) from continuing operations attributable to
common shareowners for per-share calculation(a)(b)$(11,374)$(11,374)$2,743$2,743
Earnings (loss) from discontinued operations
   for per-share calculation(a)(b)(2,205)(2,205)252252
Net earnings (loss) attributable to GE common
   shareowners for per-share calculation(a)(b)$(13,576)$(13,576)$2,995$2,995
Average equivalent shares
Shares of GE common stock outstanding10,06710,06710,04510,045
Employee compensation-related shares (including
   stock options)--78-
Total average equivalent shares10,06710,06710,12310,045
Per-share amounts
Earnings (loss) from continuing operations$(1.13)$(1.13)$0.27$0.27
Earnings (loss) from discontinued operations(0.22)(0.22)0.020.03
Net earnings (loss)(1.35)(1.35)0.300.30

  • Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities. For the period ended March 31, 2015, pursuant to the two-class method, as a result of the net loss from continuing operations, losses were not allocated to the participating securities. For the period ended March 31, 2014, participating securities are included in the computation of earnings (loss) per share pursuant to the two-class method and the application of this treatment had an insignificant effect.
  • Included an insignificant amount of dividend equivalents in each of the periods presented.

As a result of the loss from continuing operations for the three months ended March 31, 2015, all of the outstanding stock awards, approximately 312 million, were not included in the computation of diluted earnings (loss) per share because their effect was antidilutive. For the three months ended March 31, 2014, approximately 72 million of outstanding stock awards were not included in the computation of diluted earnings (loss) per share because their effect was antidilutive. 

Earnings (loss) per share amounts are computed independently, as a result, the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per share amounts for net earnings (loss).