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Statement of Cash Flows (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows - operating activities    
Net earnings (loss) $ (14,743) $ 6,497
Less net earnings (loss) attributable to noncontrolling interests 190 (47)
Net earnings (loss) attributable to the Company (14,933) 6,544
(Earnings) loss from discontinued operations, net of taxes 9,989 (1,359)
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities    
Depreciation and amortization of property, plant and equipment 2,325 2,395
Earnings from continuing operations retained by GECC 0 0
Deferred income taxes 2,073 (2,201)
Decrease (increase) in GE current receivables 1,603 24
Decrease (increase) in inventories (1,149) (2,328)
Increase (decrease) in accounts payable 830 1,467
Increase (decrease) in GE progress collections (1,076) (520)
Provision for losses on GECC financing receivables 3,898 1,835
All other operating activities 2,870 445
Cash from (used for) operating activities - continuing operations 6,430 6,302
Cash from (used for) operating activities - discontinued operations 5,959 3,908
Cash from (used for) operating activities 12,389 10,210
Cash flows - investing activities    
Additions to property, plant and equipment (3,289) (3,693)
Dispositions of property, plant and equipment 1,252 1,486
Net decrease (increase) in GECC financing receivables 1,775 261
Proceeds from sales of discontinued operations 15,580 232
Proceeds from principal business dispositions 964 549
Proceeds from sale of equity interest in NBCU LLC 0 0
Net cash from (payments for) principal businesses purchased (1,723) (2,066)
All other investing activities 5,225 4,748
Cash from (used for) investing activities - continuing operations 19,784 1,517
Cash from (used for) investing activities - discontinued operations (3,238) (1,635)
Cash from (used for) investing activities 16,546 (118)
Cash flows - financing activities    
Net increase (decrease) in borrowings (maturities of 90 days or less) (1,995) (3,921)
Net increase (decrease) in bank deposits 2,506 4,513
Newly issued debt (maturities longer than 90 days) 16,294 16,925
Repayments and other reductions (maturities longer than 90 days) (29,540) (24,540)
Proceeds from issuance of GECC preferred stock 0 0
Net dispositions (purchases) of GE shares for treasury 499 (1,381)
Dividends paid to shareowners (4,634) (4,432)
Proceeds from initial public offering of Synchrony Financial 0 0
All other financing activities (155) (78)
Cash from (used for) financing activities - continuing operations (17,025) (12,914)
Cash from (used for) financing activities - discontinued operations (1,687) 548
Cash from (used for) financing activities (18,712) (12,366)
Effect of currency exchange rate changes on cash and equivalents (2,887) 196
Increase (decrease) in cash and equivalents 7,336 (2,078)
Cash and equivalents at beginning of year 91,017 88,787
Cash and equivalents at June 30 98,353 86,709
Less cash and equivalents of discontinued operations at June 30 6,448 4,861
Cash and equivalents of continuing operations at June 30 91,905 81,848
GE [Member]    
Cash flows - operating activities    
Net earnings (loss) [1] (14,927) 6,476
Less net earnings (loss) attributable to noncontrolling interests [1] 6 (68)
Net earnings (loss) attributable to the Company [1] (14,933) 6,544
(Earnings) loss from discontinued operations, net of taxes [1] 9,989 (1,359)
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities    
Depreciation and amortization of property, plant and equipment [1] 1,157 1,291
Earnings from continuing operations retained by GECC [1],[2] (8,578) 993
Deferred income taxes [1] (102) (547)
Decrease (increase) in GE current receivables [1] (44) (310)
Decrease (increase) in inventories [1] (1,135) (2,327)
Increase (decrease) in accounts payable [1] 219 977
Increase (decrease) in GE progress collections [1] (1,089) (533)
Provision for losses on GECC financing receivables [1] 0 0
All other operating activities [1] 1,310 628
Cash from (used for) operating activities - continuing operations [1] 3,950 3,371
Cash from (used for) operating activities - discontinued operations [1] (10) (1)
Cash from (used for) operating activities [1] 3,940 3,370
Cash flows - investing activities    
Additions to property, plant and equipment [1] (1,889) (2,022)
Dispositions of property, plant and equipment [1] 376 234
Net decrease (increase) in GECC financing receivables [1] 0 0
Proceeds from sales of discontinued operations [1] 0 0
Proceeds from principal business dispositions [1] 222 521
Proceeds from sale of equity interest in NBCU LLC [1] 0 0
Net cash from (payments for) principal businesses purchased [1] (46) (2,066)
All other investing activities [1] (783) (239)
Cash from (used for) investing activities - continuing operations [1] (2,120) (3,572)
Cash from (used for) investing activities - discontinued operations [1] 10 1
Cash from (used for) investing activities [1] (2,110) (3,571)
Cash flows - financing activities    
Net increase (decrease) in borrowings (maturities of 90 days or less) [1] 248 (432)
Net increase (decrease) in bank deposits [1] 0 0
Newly issued debt (maturities longer than 90 days) [1] 3,654 3,043
Repayments and other reductions (maturities longer than 90 days) [1] (128) (135)
Proceeds from issuance of GECC preferred stock [1] 0 0
Net dispositions (purchases) of GE shares for treasury [1] 499 (1,381)
Dividends paid to shareowners [1] (4,634) (4,432)
Proceeds from initial public offering of Synchrony Financial [1] 0 0
All other financing activities [1] 190 93
Cash from (used for) financing activities - continuing operations [1] (171) (3,244)
Cash from (used for) financing activities - discontinued operations [1] 0 0
Cash from (used for) financing activities [1] (171) (3,244)
Effect of currency exchange rate changes on cash and equivalents [1] (553) (2)
Increase (decrease) in cash and equivalents [1] 1,106 (3,447)
Cash and equivalents at beginning of year 15,916 13,682
Cash and equivalents at June 30 17,022 10,235
Less cash and equivalents of discontinued operations at June 30 0 0
Cash and equivalents of continuing operations at June 30 17,022 10,235
GECC [Member]    
Cash flows - operating activities    
Net earnings (loss) (17,929) 3,794
Less net earnings (loss) attributable to noncontrolling interests 184 21
Net earnings (loss) attributable to the Company (18,113) 3,773
(Earnings) loss from discontinued operations, net of taxes 9,985 (1,364)
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities    
Depreciation and amortization of property, plant and equipment 1,178 1,104
Earnings from continuing operations retained by GECC 0 0
Deferred income taxes 2,175 (1,654)
Decrease (increase) in GE current receivables 0 0
Decrease (increase) in inventories 3 14
Increase (decrease) in accounts payable 401 917
Increase (decrease) in GE progress collections 0 0
Provision for losses on GECC financing receivables 3,898 1,835
All other operating activities 1,848 (281)
Cash from (used for) operating activities - continuing operations 1,375 4,344
Cash from (used for) operating activities - discontinued operations 5,969 3,909
Cash from (used for) operating activities 7,344 8,253
Cash flows - investing activities    
Additions to property, plant and equipment (1,746) (1,837)
Dispositions of property, plant and equipment 1,060 1,274
Net decrease (increase) in GECC financing receivables 3,165 757
Proceeds from sales of discontinued operations 15,580 232
Proceeds from principal business dispositions 742 0
Proceeds from sale of equity interest in NBCU LLC 0 0
Net cash from (payments for) principal businesses purchased (1,677) 0
All other investing activities 6,628 5,749
Cash from (used for) investing activities - continuing operations 23,752 6,175
Cash from (used for) investing activities - discontinued operations (3,248) (1,636)
Cash from (used for) investing activities 20,504 4,539
Cash flows - financing activities    
Net increase (decrease) in borrowings (maturities of 90 days or less) (2,536) (4,572)
Net increase (decrease) in bank deposits 2,506 4,513
Newly issued debt (maturities longer than 90 days) 12,640 13,882
Repayments and other reductions (maturities longer than 90 days) (29,412) (24,405)
Proceeds from issuance of GECC preferred stock 0 0
Net dispositions (purchases) of GE shares for treasury 0 0
Dividends paid to shareowners (611) (1,577)
Proceeds from initial public offering of Synchrony Financial 0 0
All other financing activities (184) (10)
Cash from (used for) financing activities - continuing operations (17,597) (12,169)
Cash from (used for) financing activities - discontinued operations (1,687) 548
Cash from (used for) financing activities (19,284) (11,621)
Effect of currency exchange rate changes on cash and equivalents (2,334) 198
Increase (decrease) in cash and equivalents 6,230 1,369
Cash and equivalents at beginning of year 75,101 75,105
Cash and equivalents at June 30 81,331 76,474
Less cash and equivalents of discontinued operations at June 30 6,448 4,861
Cash and equivalents of continuing operations at June 30 $ 74,883 $ 71,613
[1] (a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis. See Note 1.
[2] (b) Represents GECC earnings /loss from continuing operations attributable to the Company, net of GECC dividends paid to GE .