INTERCOMPANY TRANSACTIONS

12 Months Ended

Dec. 31, 2020

Related Party Transactions [Abstract]

INTERCOMPANY TRANSACTIONS

NOTE 24. INTERCOMPANY TRANSACTIONS

Presented below is a walk of intercompany eliminations from the combined GE Industrial and GE Capital totals to the consolidated cash flows for continuing operations.

	2020		2019		2018
Combined GE Industrial and GE Capital cash from (used for) operating activities	$	2,240	$	6,495	$	2,282
GE Industrial current receivables sold to GE Capital(a)	(597)		1,081		5
GE Industrial long-term receivables sold to GE Capital(b)	312		468		1,079
Supply chain finance programs(c)	2,002		2,289		(18)
Other reclassifications and eliminations	(360)		86		(138)
Consolidated cash from (used for) operating activities	$	3,597	$	10,419	$	3,210
Combined GE Industrial and GE Capital cash from (used for) investing activities	$	25,960	$	13,509	$	14,915
GE Industrial current receivables sold to GE Capital	496		(1,677)		(839)
GE Industrial long-term receivables sold to GE Capital(b)	(312)		(468)		(1,079)
Supply chain finance programs(c)	(2,002)		(2,289)		18
GE Capital loans to GE Industrial	—		—		6,479
Repayment of GE Capital loans by GE Industrial	(9,049)		(1,523)		—
Capital contribution from GE Industrial to GE Capital	2,000		4,000		—
Other reclassifications and eliminations	(315)		(868)		(570)
Consolidated cash from (used for) investing activities	$	16,778	$	10,684	$	18,925
Combined GE Industrial and GE Capital cash from (used for) financing activities	$	(27,678)	$	(14,665)	$	(22,408)
GE Industrial current receivables sold to GE Capital	102		596		835
GE Capital loans to GE Industrial	—		—		(6,479)
Repayment of GE Capital loans by GE Industrial	9,049		1,523		—
Capital contribution from GE Industrial to GE Capital	(2,000)		(4,000)		—
Other reclassifications and eliminations	675		782		706
Consolidated cash from (used for) financing activities	$	(19,853)	$	(15,764)	$	(27,345)

(a) Included the elimination of $14,677 million, $14,716 million and $20,675 million payments to GE Industrial for current receivables purchased and retained by GE Capital and the related reclassification to CFOA of $14,079 million, $15,797 million and $20,680 million due to GE Capital collections and other activity in our consolidated Statement of Cash Flows for the years ended December 31, 2020, 2019 and 2018, respectively.

(b) Primarily included the reclassification of long-term receivables purchased and retained by GE Capital to current receivables.

(c) Represents the elimination of net payments from GE Industrial to GE Capital related to the funded participation in a supply chain finance program with GE Capital. The reduction of the GE Industrial liability associated with this program is primarily as a result of GE Capital's sale of the program platform to MUFG Union Bank, N.A. (MUFG) in 2019.