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EARNINGS PER SHARE INFORMATION (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
 
Three months ended March 31
 
2019
 
2018
(In millions; per-share amounts in dollars)
Diluted

Basic

 
Diluted

Basic

 
 
 
 
 
 
Amounts attributable to the Company:
 
 
 
 
 
Earnings from continuing operations for per-share calculation(a)(b)(c)
$
973

$
991

 
$
292

$
293

Preferred stock dividends
(40
)
(40
)
 
(37
)
(37
)
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)(c)
933

951

 
255

256

Earnings (loss) from discontinued operations
for per-share calculation(a)(b)
2,568

2,586

 
(1,448
)
(1,447
)
Net earnings (loss) attributable to GE common
shareowners for per-share calculation(a)(b)(c)
$
3,519

$
3,537

 
$
(1,189
)
$
(1,189
)
 
 
 
 
 
 
Average equivalent shares
 
 
 
 
 
Shares of GE common stock outstanding
8,711

8,711

 
8,683

8,683

Employee compensation-related shares (including stock options)
15


 
13


Total average equivalent shares
8,726

8,711

 
8,696

8,683

 
 
 
 
 
 
Per-share amounts(d)
 
 
 
 
 
Earnings from continuing operations
$
0.11

$
0.11

 
$
0.03

$
0.03

Earnings (loss) from discontinued operations
0.29

0.30

 
(0.17
)
(0.17
)
Net earnings (loss)
0.40

0.41

 
(0.14
)
(0.14
)
 
 
 
 
 
 
(a)
Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities, and, therefore, are included in the computation of earnings per share pursuant to the two-class method. For the three months ended March 31, 2019, application of this treatment had an insignificant effect. For the three months ended March 31, 2018, 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.
(c)
Included in 2019 is a dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock.
(d)
Earnings per share amounts are computed independently for earnings from continuing operations, earnings from discontinued operations and net earnings. 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.