GUARANTOR FINANCIAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2019



CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED MARCH 31, 2019 (UNAUDITED)

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

Revenues
Sales of goods and services	$	4,580		$	—	$	—		$	38,456		$	(17,694	)	$	25,342
GE Capital revenues from services	—			233		75			2,580			(944		)	1,944
Total revenues	4,580			233		75			41,035			(18,638		)	27,286

Costs and expenses
Interest and other financial charges	2,316			231		379			1,977			(3,770		)	1,133
Other costs and expenses	6,557			—		—			37,480			(18,281		)	25,757
Total costs and expenses	8,873			231		380			39,457			(22,051		)	26,889
Other income (loss)	(6,740		)	—		—			16,963			(9,344		)	878
Equity in earnings (loss) of affiliates	14,926			—		375			11,013			(26,315		)	—
Earnings (loss) from continuing operations before income taxes	3,893			3		71			29,555			(32,246		)	1,275
Benefit (provision) for income taxes	(335		)	—		—			(658		)	772			(222		)
Earnings (loss) from continuing operations	3,558			2		71			28,896			(31,475		)	1,053
Earnings (loss) from discontinued operations, net of taxes	30			—		—			—			2,562			2,592
Net earnings (loss)	3,588			2		71			28,896			(28,912		)	3,645
Less net earnings (loss) attributable to noncontrolling interests	—			—		—			(1		)	58			57
Net earnings (loss) attributable to the Company	3,588			2		71			28,897			(28,970		)	3,588
Other comprehensive income (loss)	929			—		(1,082		)	(443		)	1,524			930
Comprehensive income (loss) attributable to the Company	$	4,517		$	2	$	(1,011	)	$	28,454		$	(27,446	)	$	4,517



CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED MARCH 31, 2018 (UNAUDITED)

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

Revenues
Sales of goods and services	$	7,704		$	—	$	—		$	37,980		$	(19,682	)	$	26,002
GE Capital revenues from services	—			208		226			1,557			(205		)	1,786
Total revenues	7,704			208		226			39,538			(19,887		)	27,788

Costs and expenses
Interest and other financial charges	1,380			206		547			1,263			(2,115		)	1,282
Other costs and expenses	8,137			—		—			38,143			(19,846		)	26,434
Total costs and expenses	9,517			206		547			39,407			(21,962		)	27,716
Other income (loss)	275			—		—			(1,873		)	1,802			204
Equity in earnings (loss) of affiliates	2,592			—		620			(159		)	(3,054		)	—
Earnings (loss) from continuing operations before income taxes	1,054			2		299			(1,901		)	823			277
Benefit (provision) for income taxes	(648		)	—		—			600			99			50
Earnings (loss) from continuing operations	406			2		299			(1,301		)	922			328
Earnings (loss) from discontinued operations, net of taxes	(1,553		)	—		(17		)	1			128			(1,441		)
Net earnings (loss)	(1,147		)	2		282			(1,300		)	1,050			(1,113		)
Less net earnings (loss) attributable to noncontrolling interests	—			—		—			(5		)	39			34
Net earnings (loss) attributable to the Company	(1,147		)	2		282			(1,294		)	1,011			(1,147		)
Other comprehensive income (loss)	1,542			—		39			878			(917		)	1,542
Comprehensive income (loss) attributable to the Company	$	395		$	2	$	321		$	(416	)	$	94		$	395



CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
MARCH 31, 2019 (UNAUDITED)

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

Assets
Cash, cash equivalents and restricted cash	$	9,541	$	—	$	—	$	25,949	$	(585	)	$	34,905
Receivables - net	26,339		17,717		2,979		62,698		(76,312		)	33,422
Investment in subsidiaries(a)	223,211		—		45,002		718,299		(986,512		)	—
All other assets	31,676		12		—		372,836		(157,768		)	246,755
Total assets	$	290,767	$	17,729	$	47,982	$	1,179,781	$	(1,221,177	)	$	315,082

Liabilities and equity
Short-term borrowings	$	160,578	$	—	$	10,867	$	9,748	$	(165,241	)	$	15,953
Long-term and non-recourse borrowings	49,405		16,297		23,868		45,257		(43,253		)	91,573
All other liabilities	45,624		385		111		146,141		(40,766		)	151,494
Total Liabilities	255,606		16,682		34,846		201,146		(249,260		)	259,020

Total liabilities, redeemable noncontrolling interests and equity	$	290,767	$	17,729	$	47,982	$	1,179,781	$	(1,221,177	)	$	315,082


(a)	Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $7,214 million and net assets of discontinued operations of $3,010 million.



CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
DECEMBER 31, 2018

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

Assets
Cash, cash equivalents and restricted cash	$	9,561	$	—	$	—	$	25,975	$	(689	)	$	34,847
Receivables - net	28,426		17,467		2,792		69,268		(84,095		)	33,857
Investment in subsidiaries(a)	215,434		—		45,832		733,535		(994,801		)	—
All other assets	29,612		12		—		359,066		(147,810		)	240,880
Total assets	$	283,033	$	17,479	$	48,623	$	1,187,844	$	(1,227,394	)	$	309,585

Liabilities and equity
Short-term borrowings	$	150,426	$	—	$	9,854	$	9,649	$	(157,108	)	$	12,821
Long-term and non-recourse borrowings	59,800		16,115		24,341		41,066		(44,213		)	97,109
All other liabilities	41,826		336		245		152,889		(47,504		)	147,792
Total Liabilities	252,052		16,452		34,439		203,604		(248,825		)	257,722

Total liabilities, redeemable noncontrolling interests and equity	$	283,033	$	17,479	$	48,623	$	1,187,844	$	(1,227,394	)	$	309,585


(a)	Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $6,892 million and net assets of discontinued operations of $3,482 million.



CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2019 (UNAUDITED)

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

Cash from (used for) operating activities(a)	$	(6,630	)	$	611		$	(1,063	)	$	19,123		$	(11,999	)	$	42

Cash from (used for) investing activities	$	7,165		$	(611	)	$	(61	)	$	10,259		$	(13,311	)	$	3,442

Cash from (used for) financing activities	$	(555	)	$	—		$	1,124		$	(29,416	)	$	25,240		$	(3,607	)

Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	—			—			—			78			—			78
Increase (decrease) in cash, cash equivalents and restricted cash	(20		)	—			—			44			(70		)	(45		)
Cash, cash equivalents and restricted cash at beginning of year	9,561			—			1			26,502			(516		)	35,548
Cash, cash equivalents and restricted cash at March 31	9,541			—			—			26,547			(585		)	35,503
Less cash, cash equivalents and restricted cash of discontinued operations at March 31	—			—			—			598			—			598
Cash, cash equivalents and restricted cash of continuing operations at March 31	$	9,541		$	—		$	—		$	25,949		$	(585	)	$	34,905


(a)	Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $(2,946) million.



CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2018 (UNAUDITED)

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

Cash from (used for) operating activities(a)	$	17,593		$	146		$	(427	)	$	(16,722	)	$	(278	)	$	312

Cash from (used for) investing activities	$	6,994		$	(75	)	$	(788	)	$	(14,924	)	$	8,228		$	(566	)

Cash from (used for) financing activities	$	(28,041	)	$	(70	)	$	1,214		$	22,974		$	(7,977	)	$	(11,899	)

Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	—			—			—			208			—			208
Increase (decrease) in cash, cash equivalents and restricted cash	(3,454		)	—			—			(8,464		)	(27		)	(11,945		)
Cash, cash equivalents and restricted cash at beginning of year	3,472			—			3			41,993			(743		)	44,724
Cash, cash equivalents and restricted cash at March 31	18			—			3			33,529			(770		)	32,779
Less cash, cash equivalents and restricted cash of discontinued operations at March 31	—			—			—			779			—			779
Cash, cash equivalents and restricted cash of continuing operations at March 31	$	18		$	—		$	3		$	32,750		$	(770	)	$	32,000


(a)	Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $(2,383) million.