Guarantor Financials (Tables) - Guarantor

3 Months Ended

Mar. 31, 2016

Schedule Of Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED MARCH 31, 2016 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(in millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments		Consolidated

Revenues and other income
Sales of goods and services	$	10,013	$	-	$	-	$	33,759	$	(18,458)	$	25,314
Other income		226		-		-		3,441		(3,659)		9
Equity in earnings (loss) of affiliates		908		-		669		13,623		(15,200)		-
GE Capital revenues from services		-		396		297		4,585		(2,756)		2,522
Total revenues and other income		11,146		396		967		55,407		(40,072)		27,845

Costs and expenses
Interest and other financial charges		811		373		931		1,759		(2,137)		1,736
Investment contracts, insurance losses and
insurance annuity benefits		-		-		-		672		(30)		642
Other costs and expenses		10,455		-		36		35,166		(20,429)		25,228
Total costs and expenses		11,266		373		968		37,597		(22,597)		27,606
Earnings (loss) from continuing
operations before income taxes		(120)		24		(1)		17,811		(17,475)		238
Benefit (provision) for income taxes		619		(3)		(3)		(523)		50		139
Earnings (loss) from continuing operations		499		21		(4)		17,288		(17,425)		378
Earnings (loss) from discontinued
operations, net of taxes		(308)		-		(475)		(426)		901		(308)
Net earnings (loss)		191		21		(479)		16,862		(16,525)		69
Less net earnings (loss) attributable to
noncontrolling interests		-		-		-		(26)		(96)		(121)
Net earnings (loss) attributable to
the Company		191		21		(479)		16,887		(16,429)		191
Other comprehensive income (loss)		824		(12)		(182)		268		(74)		824
Comprehensive income (loss) attributable
to the Company	$	1,015	$	9	$	(662)	$	17,155	$	(16,502)	$	1,015

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED MARCH 31, 2015 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(in millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments		Consolidated

Revenues and other income
Sales of goods and services	$	9,672	$	-	$	-	$	31,334	$	(17,323)	$	23,683
Other income		(198)		-		-		1,047		(707)		142
Equity in earnings (loss) of affiliates		(3,420)		-		-		11,639		(8,219)		-
GE Capital revenues from services		-		-		-		8,556		(6,141)		2,414
Total revenues and other income		6,055		-		-		52,575		(32,390)		26,239

Costs and expenses
Interest and other financial charges		752		-		-		2,369		(2,504)		618
Investment contracts, insurance losses and
insurance annuity benefits		-		-		-		644		(32)		613
Other costs and expenses		10,515		-		-		40,816		(27,943)		23,388
Total costs and expenses		11,267		-		-		43,829		(30,478)		24,619
Earnings (loss) from continuing
operations before income taxes		(5,212)		-		-		8,745		(1,913)		1,621
Benefit (provision) for income taxes		574		-		-		(7,074)		206		(6,294)
Earnings (loss) from continuing operations		(4,638)		-		-		1,672		(1,707)		(4,673)
Earnings (loss) from discontinued
operations, net of taxes		(8,936)		-		-		(2,326)		2,325		(8,936)
Net earnings (loss)		(13,573)		-		-		(654)		618		(13,608)
Less net earnings (loss) attributable to
noncontrolling interests		-		-		-		100		(135)		(35)
Net earnings (loss) attributable to
the Company		(13,573)		-		-		(753)		753		(13,573)
Other comprehensive income (loss)		(4,191)		-		-		(4,990)		4,990		(4,191)
Comprehensive income (loss) attributable
to the Company	$	(17,764)	$	-	$	-	$	(5,743)	$	5,743	$	(17,764)

Schedule Of Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
MARCH 31, 2016 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(In millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments	Consolidated

Assets
Cash and equivalents	$	2,721	$	-	$	6	$	98,506	$	(26,158)	$	75,075
Investment securities		6		-		-		40,612		(7,643)		32,974
Receivables - net		77,279		33,749		64,038		74,226		(205,062)		44,229
Inventories		5,974		-		-		21,232		(3,299)		23,907
Property, plant and equipment - net		6,574		-		-		50,161		(2,948)		53,786
Investment in subsidiaries(a)		281,040		-		79,415		425,419		(785,874)		-
Goodwill and intangible assets		7,613		-		-		56,491		18,998		83,102
All other assets		15,547		818		1,192		239,007		(189,058)		67,505
Assets of discontinued operations		-		-		-		-		81,615		81,615
Total assets	$	396,755	$	34,567	$	144,651	$	1,005,652	$	(1,119,431)	$	462,193

Liabilities and equity
Short-term borrowings	$	164,043	$	16,335	$	67,054	$	60,598	$	(256,948)	$	51,082
Accounts payable		6,269		-		-		36,167		(29,286)		13,150
Other current liabilities		13,688		2		25		28,707		(2,375)		40,047
Long-term and non-recourse borrowings		80,107		17,651		46,936		95,152		(104,878)		134,967
All other liabilities		41,560		443		1,070		60,455		(13,314)		90,213
Liabilities of discontinued operations		-		-		-		-		36,944		36,944
Total Liabilities		305,667		34,431		115,084		281,078		(369,857)		366,403

Redeemable noncontrolling interests		-		-		-		2,946		89		3,036

GE shareowners' equity		91,088		136		29,567		719,648		(749,351)		91,088
Noncontrolling interests		-		-		-		1,979		(312)		1,667
Total equity		91,088		136		29,567		721,627		(749,663)		92,755
Total liabilities, redeemable
noncontrolling interests and equity	$	396,755	$	34,567	$	144,651	$	1,005,652	$	(1,119,431)	$	462,193

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $37.9 billion and net assets of discontinued operations of $33.6 billion.

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
DECEMBER 31, 2015

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(In millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments	Consolidated

Assets
Cash and equivalents	$	4,137	$	-	$	-	$	86,955	$	(20,609)	$	70,483
Investment securities		14		-		-		40,886		(8,927)		31,973
Receivables - net		88,696		33,232		69,306		75,909		(221,286)		45,856
Inventories		5,447		-		-		19,762		(2,694)		22,515
Property, plant and equipment - net		6,540		-		-		56,808		(9,253)		54,095
Investment in subsidiaries(a)		274,471		-		78,505		405,686		(758,662)		-
Goodwill and intangible assets		7,793		-		-		61,413		14,118		83,324
All other assets		15,732		11		915		247,611		(200,393)		63,876
Assets of discontinued operations		-		-		-		-		120,951		120,951
Total assets	$	402,828	$	33,242	$	148,725	$	995,030	$	(1,086,754)	$	493,072

Liabilities and equity
Short-term borrowings	$	145,051	$	16,204	$	71,862	$	60,601	$	(243,858)	$	49,860
Accounts payable		6,096		-		-		37,636		(30,052)		13,680
Other current liabilities		14,482		(1)		17		34,903		(7,860)		41,540
Long-term and non-recourse borrowings		97,471		16,423		46,392		105,801		(118,345)		147,742
All other liabilities		41,455		489		224		57,997		(9,514)		90,652
Liabilities of discontinued operations		-		-		-		-		46,487		46,487
Total Liabilities		304,555		33,115		118,495		296,938		(363,141)		389,962

Redeemable noncontrolling interests		-		-		-		2,888		84		2,972

GE shareowners' equity		98,274		127		30,230		693,589		(723,946)		98,274
Noncontrolling interests		-		-		-		1,616		248		1,864
Total equity		98,274		127		30,230		695,204		(723,697)		100,138
Total liabilities, redeemable
noncontrolling interests and equity	$	402,828	$	33,242	$	148,725	$	995,030	$	(1,086,754)	$	493,072

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $40.1 billion and net assets of discontinued operations of $40.0 billion.

Schedule Of Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2016 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(In millions)		Guarantor		Issuer		Guarantor		Subsidiaries		adjustments		Consolidated

Cash flows – operating activities
Cash from (used for) operating activities -
continuing operations	$	(18,196)	$	352	$	(924)	$	(17,005)	$	37,625	$	1,852
Cash from (used for) operating activities -
discontinued operations		(308)		-		682		(1,370)		(256)		(1,252)
Cash from (used for) operating activities		(18,504)		352		(242)		(18,376)		37,369		599

Cash flows – investing activities
Cash from (used for) investing activities –
continuing operations		12,177		(517)		1,192		76,560		(64,741)		24,671
Cash from (used for) investing activities –
discontinued operations		-		-		-		7,112		-		7,112
Cash from (used for) investing activities		12,177		(517)		1,192		83,672		(64,741)		31,783

Cash flows – financing activities
Cash from (used for) financing activities –
continuing operations		4,911		165		(944)		(47,916)		21,823		(21,961)
Cash from (used for) financing activities –
discontinued operations		-		-		-		(112)		-		(112)
Cash from (used for) financing activities		4,911		165		(944)		(48,028)		21,823		(22,073)
Effect of currency exchange rate changes
on cash and equivalents		-		-		-		31		-		31
Increase (decrease) in cash and equivalents		(1,416)		-		6		17,300		(5,550)		10,340
Cash and equivalents at beginning of year		4,137		-		-		107,350		(20,609)		90,878
Cash and equivalents at March 31		2,721		-		6		124,649		(26,158)		101,218
Less cash and equivalents of discontinued
operations at March 31		-		-		-		26,143		-		26,143
Cash and equivalents of continuing operations
at March 31	$	2,721	$	-	$	6	$	98,506	$	(26,158)	$	75,075

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2015 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(In millions)		Guarantor		Issuer		Guarantor		Subsidiaries		adjustments		Consolidated

Cash flows – operating activities
Cash from (used for) operating activities -
continuing operations	$	(13,592)	$	-	$	-	$	(1,947)	$	17,541	$	2,002
Cash from (used for) operating activities -
discontinued operations		(8,935)		-		-		10,698		2,325		4,088
Cash from (used for) operating activities		(22,527)		-		-		8,752		19,866		6,090

Cash flows – investing activities
Cash from (used for) investing activities –
continuing operations		23,988		-		-		(68,359)		51,265		6,894
Cash from (used for) investing activities –
discontinued operations		-		-		-		(3,055)		-		(3,055)
Cash from (used for) investing activities		23,988		-		-		(71,414)		51,265		3,839

Cash flows – financing activities
Cash from (used for) financing activities –
continuing operations		(929)		-		-		63,743		(69,176)		(6,361)
Cash from (used for) financing activities –
discontinued operations		-		-		-		(1,886)		-		(1,886)
Cash from (used for) financing activities		(929)		-		-		61,857		(69,176)		(8,246)
Effect of currency exchange rate changes
on cash and equivalents		-		-		-		(3,826)		-		(3,826)
Increase (decrease) in cash and equivalents		532		-		-		(4,630)		1,955		(2,143)
Cash and equivalents at beginning of year		4,820		-		-		108,400		(22,203)		91,017
Cash and equivalents at March 31		5,352		-		-		103,770		(20,248)		88,874
Less cash and equivalents of discontinued
operations at March 31		-		-		-		20,137		-		20,137
Cash and equivalents of continuing operations
at March 31	$	5,352	$	-	$	-	$	83,633	$	(20,248)	$	68,736