GUARANTOR FINANCIAL INFORMATION (Tables)

6 Months Ended

Jun. 30, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Statement of Earnings (Loss) and Comprehensive Income (Loss)

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED JUNE 30, 2017 (UNAUDITED)
(in millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenues and other income
Sales of goods and services	$	8,080		$	—		$	—		$	37,615		$	(18,456	)	$	27,239
Other income	27,632			—			—			28,005			(55,339		)	298
Equity in earnings (loss) of affiliates	(25,246		)	—			450			13,982			10,813			—
GE Capital revenues from services	—			173			188			2,589			(928		)	2,022
Total revenues and other income	10,467			173			638			82,191			(63,910		)	29,558
Costs and expenses
Interest and other financial charges	767			159			489			1,221			(1,463		)	1,174
Other costs and expenses	8,557			—			9			37,570			(19,265		)	26,870
Total costs and expenses	9,324			159			497			38,791			(20,728		)	28,044
Earnings (loss) from continuing operations before income taxes	1,143			14			141			43,400			(43,183		)	1,515
Benefit (provision) for income taxes	370			(2		)	—			(230		)	(154		)	(15		)
Earnings (loss) from continuing operations	1,513			12			141			43,170			(43,336		)	1,499
Earnings (loss) from discontinued operations, net of taxes	(146		)	—			(5		)	3			2			(146		)
Net earnings (loss)	1,367			12			136			43,172			(43,334		)	1,354
Less net earnings (loss) attributable to noncontrolling interests	—			—			—			16			(30		)	(14		)
Net earnings (loss) attributable to the Company	1,367			12			136			43,156			(43,304		)	1,367
Other comprehensive income (loss)	1,317			—			32			(25,537		)	25,505			1,317
Comprehensive income (loss) attributable to the Company	$	2,685		$	12		$	168		$	17,619		$	(17,799	)	$	2,685

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED JUNE 30, 2016 (UNAUDITED)
(in millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenues and other income
Sales of goods and services	$	10,664		$	—		$	—		$	38,202		$	(20,838	)	$	28,028
Other income	(264		)	—			—			16,043			(12,629		)	3,150
Equity in earnings (loss) of affiliates	5,228			—			(5		)	15,305			(20,528		)	0
GE Capital revenues from services	0			200			722			1,760			(365		)	2,316
Total revenues and other income	15,628			200			717			71,310			(54,359		)	33,494
Costs and expenses
Interest and other financial charges	851			175			677			1,412			(1,790		)	1,326
Other costs and expenses	11,601			—			19			38,786			(22,062		)	28,344
Total costs and expenses	12,453			175			695			40,198			(23,852		)	29,670
Earnings (loss) from continuing operations before income taxes	3,175			25			21			31,111			(30,508		)	3,824
Benefit (provision) for income taxes	312			(3		)	(43		)	(473		)	(254		)	(461		)
Earnings (loss) from continuing operations	3,486			22			(22		)	30,639			(30,762		)	3,363
Earnings (loss) from discontinued operations, net of taxes	(541		)	—			(521		)	600			(80		)	(541		)
Net earnings (loss)	2,946			22			(542		)	31,239			(30,841		)	2,823
Less net earnings (loss) attributable to noncontrolling interests	—			—			—			(66		)	(20		)	(86		)
Net earnings (loss) attributable to the Company	2,946			22			(542		)	31,305			(30,822		)	2,908
Other comprehensive income (loss)	807			—			246			579			(825		)	807
Comprehensive income (loss) attributable to the Company	$	3,753		$	22		$	(297	)	$	31,884		$	(31,646	)	$	3,715

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE SIX MONTHS ENDED JUNE 30, 2017 (UNAUDITED)
(in millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor		Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenues and other income
Sales of goods and services	$	16,872		$	—		$	—	$	73,705		$	(38,110	)	$	52,467
Other income	27,686			—			—		32,625			(59,845		)	465
Equity in earnings (loss) of affiliates	(22,802		)	—			692		50,664			(28,555		)	—
GE Capital revenues from services	—			329			374		4,859			(1,275		)	4,286
Total revenues and other income	21,756			329			1,066		161,853			(127,786		)	57,219
Costs and expenses
Interest and other financial charges	1,677			309			943		2,303			(2,920		)	2,313
Other costs and expenses	18,186			—			22		73,511			(39,159		)	52,560
Total costs and expenses	19,862			309			965		75,814			(42,078		)	54,872
Earnings (loss) from continuing operations before income taxes	1,894			20			101		86,039			(85,707		)	2,346
Benefit (provision) for income taxes	514			(2		)	115		(699		)	41			(31		)
Earnings (loss) from continuing operations	2,408			17			215		85,341			(85,666		)	2,315
Earnings (loss) from discontinued operations, net of taxes	(388		)	—			278		3			(278		)	(385		)
Net earnings (loss)	2,020			17			493		85,344			(85,944		)	1,931
Less net earnings (loss) attributable to noncontrolling interests	—			—			—		(32		)	(57		)	(90		)
Net earnings (loss) attributable to the Company	2,020			17			493		85,376			(85,887		)	2,020
Other comprehensive income (loss)	3,144			—			649		(26,994		)	26,345			3,144
Comprehensive income (loss) attributable to the Company	$	5,164		$	17		$	1,142	$	58,382		$	(59,542	)	$	5,164

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE SIX MONTHS ENDED JUNE 30, 2016 (UNAUDITED)
(in millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenues and other income
Sales of goods and services	$	20,676		$	—		$	—		$	71,961		$	(39,295	)	$	53,342
Other income	(38		)	—			—			19,484			(16,288		)	3,158
Equity in earnings (loss) of affiliates	6,135			—			665			28,928			(35,728		)	0
GE Capital revenues from services	0			596			1,019			6,344			(3,121		)	4,838
Total revenues and other income	26,774			596			1,683			126,717			(94,431		)	61,339
Costs and expenses
Interest and other financial charges	1,662			547			1,608			3,171			(3,927		)	3,062
Other costs and expenses	22,057			—			55			74,624			(42,522		)	54,214
Total costs and expenses	23,719			548			1,663			77,795			(46,449		)	57,276
Earnings (loss) from continuing operations before income taxes	3,055			48			20			48,922			(47,983		)	4,063
Benefit (provision) for income taxes	931			(6		)	(46		)	(958		)	(205		)	(284		)
Earnings (loss) from continuing operations	3,986			42			(26		)	47,964			(48,187		)	3,779
Earnings (loss) from discontinued operations, net of taxes	(849		)	—			(996		)	174			821			(849		)
Net earnings (loss)	3,137			42			(1,022		)	48,138			(47,366		)	2,930
Less net earnings (loss) attributable to noncontrolling interests	—			—			—			(91		)	(116		)	(207		)
Net earnings (loss) attributable to the Company	3,137			42			(1,022		)	48,230			(47,250		)	3,137
Other comprehensive income (loss)	1,631			(12		)	63			847			(898		)	1,631
Comprehensive income (loss) attributable to the Company	$	4,767		$	30		$	(958	)	$	49,076		$	(48,148	)	$	4,767

Condensed Consolidating Statement of Financial Position

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
JUNE 30, 2017 (UNAUDITED)
(In millions)	Parent Company Guarantor			Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantor Subsidiaries		Consolidating Adjustments			Consolidated
Assets
Cash and equivalents	$	4,420		$	—	$	3	$	40,174	$	(547	)	$	44,049
Investment securities	1			—		—		42,065		(2,098		)	39,968
Receivables - net	54,549			17,233		31,020		80,421		(143,470		)	39,753
Inventories	5,265			—		—		22,111		(4,533		)	22,843
Property, plant and equipment - net	5,891			—		—		46,284		(2,007		)	50,167
Investment in subsidiaries(a)	284,471			—		80,491		472,477		(837,439		)	0
Goodwill and intangible assets	7,207			—		—		50,518		31,539			89,264
All other assets	15,238			44		79		205,041		(158,823		)	61,579
Assets of discontinued operations	—			—		—		—		7,850			7,850
Total assets	$	377,041		$	17,278	$	111,593	$	959,089	$	(1,109,528	)	$	355,473
Liabilities and equity
Short-term borrowings	$	177,190		$	—	$	45,994	$	25,300	$	(218,441	)	$	30,044
Accounts payable	(1,380		)	—		—		56,038		(41,375		)	13,283
Other current liabilities	11,732			34		3		24,489		(251		)	36,007
Long-term and non-recourse borrowings	71,784			16,703		34,601		53,234		(71,963		)	104,359
All other liabilities	43,567			352		279		55,363		(7,667		)	91,894
Liabilities of discontinued operations	—			—		—		—		911			911
Total Liabilities	302,893			17,089		80,878		214,424		(338,786		)	276,498
Redeemable noncontrolling interests	—			—		—		2,433		760			3,193
GE shareowners' equity	74,148			189		30,716		740,746		(771,651		)	74,148
Noncontrolling interests	—			—		—		1,486		148			1,634
Total equity	74,148			189		30,716		742,232		(771,503		)	75,783
Total liabilities, redeemable noncontrolling interests and equity	$	377,041		$	17,278	$	111,593	$	959,089	$	(1,109,528	)	$	355,473

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $21,419 million and net assets of discontinued operations of $3,711 million.

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
DECEMBER 31, 2016
(In millions)	Parent Company Guarantor		Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantor Subsidiaries		Consolidating Adjustments			Consolidated
Assets
Cash and equivalents	$	2,558	$	—	$	3	$	46,994	$	(1,426	)	$	48,129
Investment securities	1		—		—		47,394		(3,082		)	44,313
Receivables - net	63,620		17,157		30,470		79,401		(148,385		)	42,263
Inventories	4,654		—		—		21,076		(3,377		)	22,354
Property, plant and equipment - net	5,768		—		—		46,366		(1,615		)	50,518
Investment in subsidiaries(a)	272,685		—		80,481		492,674		(845,840		)	—
Goodwill and intangible assets	8,128		—		—		42,074		36,673			86,875
All other assets	14,692		44		39		201,276		(160,134		)	55,917
Assets of discontinued operations	—		—		—		—		14,815			14,815
Total assets	$	372,107	$	17,202	$	110,992	$	977,255	$	(1,112,372	)	$	365,183
Liabilities and equity
Short-term borrowings	$	167,089	$	1	$	46,432	$	25,919	$	(208,727	)	$	30,714
Accounts payable	5,412		—		—		47,366		(38,343		)	14,435
Other current liabilities	11,072		33		117		25,095		114			36,431
Long-term and non-recourse borrowings	68,983		16,486		34,389		68,912		(83,273		)	105,496
All other liabilities	43,722		511		481		58,376		(9,656		)	93,434
Liabilities of discontinued operations	—		—		—		—		4,158			4,158
Total Liabilities	296,279		17,030		81,419		225,667		(335,727		)	284,668
Redeemable noncontrolling interests	—		—		—		2,223		802			3,025
GE shareowners' equity	75,828		171		29,573		747,719		(777,463		)	75,828
Noncontrolling interests	—		—		—		1,647		16			1,663
Total equity	75,828		171		29,573		749,366		(777,447		)	77,491
Total liabilities, redeemable noncontrolling interests and equity	$	372,107	$	17,202	$	110,992	$	977,255	$	(1,112,372	)	$	365,183

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $28,516 million and net assets of discontinued operations of $6,012 million.

Condensed Consolidating Statement of Cash Flows

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
SIX MONTHS ENDED JUNE 30, 2017 (UNAUDITED)
(In millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	$	12,674		$	25		$	225		$	113,799		$	(123,335	)	$	3,389
Cash from (used for) operating activities - discontinued operations	(388		)	—			—			(507		)	—			(895		)
Cash from (used for) operating activities	12,286			25			225			113,292			(123,335		)	2,494
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	(26,871		)	(25		)	608			(60,997		)	91,369			4,083
Cash from (used for) investing activities – discontinued operations	—			—			—			(1,922		)	—			(1,922		)
Cash from (used for) investing activities	(26,871		)	(25		)	608			(62,919		)	91,369			2,161
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	16,446			—			(833		)	(60,547		)	32,845			(12,089		)
Cash from (used for) financing activities – discontinued operations	—			—			—			1,909			—			1,909
Cash from (used for) financing activities	16,446			—			(833		)	(58,639		)	32,845			(10,181		)
Effect of currency exchange rate changes on cash and equivalents	—			—			—			538			—			538
Increase (decrease) in cash and equivalents	1,861			—			—			(7,728		)	879			(4,988		)
Cash and equivalents at beginning of year	2,558			—			3			48,423			(1,426		)	49,558
Cash and equivalents at June 30	4,420			—			3			40,696			(547		)	44,571
Less cash and equivalents of discontinued operations at June 30	—			—			—			522			—			522
Cash and equivalents of continuing operations at June 30	$	4,420		$	—		$	3		$	40,174		$	(547	)	$	44,049

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
SIX MONTHS ENDED JUNE 30, 2016 (UNAUDITED)
(In millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	$	(21,014	)	$	182		$	1,032		$	10,275		$	11,539		$	2,014
Cash from (used for) operating activities - discontinued operations	(849		)	—			(996		)	(3,826		)	821			(4,849		)
Cash from (used for) operating activities	(21,863		)	182			37			6,449			12,361			(2,835		)
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	17,416			16,084			7,995			97,631			(96,712		)	42,414
Cash from (used for) investing activities – discontinued operations	—			—			—			(10,646		)	—			(10,646		)
Cash from (used for) investing activities	17,416			16,084			7,995			86,985			(96,712		)	31,768
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	3,174			(16,265		)	(7,995		)	(142,451		)	100,775			(62,763		)
Cash from (used for) financing activities – discontinued operations	—			—			—			(711		)	—			(711		)
Cash from (used for) financing activities	3,174			(16,265		)	(7,995		)	(143,162		)	100,775			(63,474		)
Effect of currency exchange rate changes on cash and equivalents	—			—			—			(24		)	—			(24		)
Increase (decrease) in cash and equivalents	(1,274		)	—			37			(49,752		)	16,424			(34,565		)
Cash and equivalents at beginning of year	4,137			—			—			107,350			(20,609		)	90,878
Cash and equivalents at June 30	2,863			—			37			57,598			(4,185		)	56,313
Less cash and equivalents of discontinued operations at June 30	—			—			—			4,190			—			4,190
Cash and equivalents of continuing operations at June 30	$	2,863		$	—		$	37		$	53,408		$	(4,185	)	$	52,123