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EARNINGS PER SHARE INFORMATION (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
 
Three months ended June 30
 
2018
 
2017
(In millions; per-share amounts in dollars)
Diluted

Basic

 
Diluted

Basic

 
 
 
 
 
 
Amounts attributable to the Company:
 
 
 
 
 
Consolidated
 
 
 
 
 
Earnings from continuing operations
for per-share calculation(a)(b)
$
919

$
920

 
$
1,204

$
1,204

Preferred stock dividends
(185
)
(185
)
 
(182
)
(182
)
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)
$
734

$
735

 
$
1,022

$
1,022

Loss from discontinued operations
for per-share calculation(a)(b)
(125
)
(125
)
 
(157
)
(157
)
Net earnings attributable to GE common
shareowners for per-share calculation(a)(b)
$
614

$
615

 
$
869

$
869

 
 
 
 
 
 
Average equivalent shares
 
 
 
 
 
Shares of GE common stock outstanding
8,688

8,688

 
8,671

8,671

Employee compensation-related shares (including stock options)
11


 
89


Total average equivalent shares
8,699

8,688

 
8,760

8,671

 
 
 
 
 
 
Per-share amounts
 
 
 
 
 
Earnings from continuing operations
$
0.08

$
0.08

 
$
0.12

$
0.12

Loss from discontinued operations
(0.01
)
(0.01
)
 
(0.02
)
(0.02
)
Net earnings
0.07

0.07

 
0.10

0.10

 
 
 
 
 
 
 
Six months ended June 30
 
2018
 
2017
(In millions; per-share amounts in dollars)
Diluted

Basic

 
Diluted

Basic

 
 
 
 
 
 
Amounts attributable to the Company:
 
 
 
 
 
Consolidated
 
 
 
 
 
Earnings from continuing operations
for per-share calculation(a)(b)
$
1,321

$
1,322

 
$
1,355

$
1,354

Preferred stock dividends
(222
)
(222
)
 
(216
)
(216
)
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)
$
1,099

$
1,100

 
$
1,139

$
1,138

Loss from discontinued operations
for per-share calculation(a)(b)
(1,680
)
(1,679
)
 
(399
)
(400
)
Net earnings attributable to GE common
shareowners for per-share calculation(a)(b)
$
(574
)
$
(573
)
 
$
747

$
747

 
 
 
 
 
 
Average equivalent shares
 
 
 
 
 
Shares of GE common stock outstanding
8,686

8,686

 
8,695

8,695

Employee compensation-related shares (including stock options)
9


 
94


Total average equivalent shares
8,694

8,686

 
8,789

8,695

 
 
 
 
 
 
Per-share amounts
 
 
 
 
 
Earnings from continuing operations
$
0.13

$
0.13

 
$
0.13

$
0.13

Loss from discontinued operations
(0.19
)
(0.19
)
 
(0.05
)
(0.05
)
Net earnings
(0.07
)
(0.07
)
 
0.09

0.09

(a)
Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities. For the three and six months ended June 30, 2018 and 2017, pursuant to the two-class method, as a result of excess dividends in respect to the current period earnings, losses were not allocated to the participating securities.
(b)
Included an insignificant amount of dividend equivalents in each of the periods presented.