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Condensed Statement of Financial Position (Unaudited) (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and equivalents $ 91,053 $ 78,943
Investment securities 45,340 43,938
Current receivables 18,634 18,621
Inventories 14,616 11,526
Financing receivables - net 292,917 303,012
Other GECS receivables 8,533 8,956
Property, plant and equipment - net 68,846 66,212
Investment in GECS 0 0
Goodwill 70,536 64,388
Other intangible assets - net 11,798 9,971
All other assets 109,499 96,342
Assets of businesses held for sale 895 36,887
Assets of discontinued operations 6,463 12,425
Total assets(b) 739,130 [1] 751,221 [1]
Liabilities and equity    
Short-term borrowings 123,489 117,959
Accounts payable, principally trade accounts 15,765 14,656
Progress collections and price adjustments accrued 11,074 11,142
Other GE current liabilities 16,722 12,959
Non-recourse borrowings of consolidated securitization entities 29,075 30,018
Bank deposits 41,548 37,298
Long-term borrowings 277,855 293,323
Investment contracts, insurance liabilities and insurance annuity benefits 29,318 29,582
All other liabilities 61,947 58,699
Deferred income taxes (705) 2,753
Liabilities of businesses held for sale 527 16,047
Liabilities of discontinued operations 2,118 2,587
Total liabilities(b) 608,733 [1] 627,023 [1]
Preferred stock (30,000 shares outstanding at both June 30, 2011 and December 31, 2010) 0 0
Common stock (10,600,337,000 and 10,615,376,000 shares outstanding at June 30, 2011 and December 31, 2010, respectively) 702 702
Accumulated other comprehensive income - net(c)    
Investment securities (430) [2] (636) [2]
Currency translation adjustments 4,260 [2] (86) [2]
Cash flow hedges (1,537) [2] (1,280) [2]
Benefit plans (14,748) [2] (15,853) [2]
Other capital 36,600 36,890
Retained earnings 135,098 131,137
Less common stock held in treasury (31,871) (31,938)
Total GE shareowners' equity 128,074 118,936
Noncontrolling interests(d) 2,323 [3] 5,262 [3]
Total equity 130,397 124,198
Total liabilities and equity 739,130 751,221
Subsidiaries [Member]
   
Assets    
Cash and equivalents 13,589 [4] 19,241 [4]
Investment securities 19 [4] 19 [4]
Current receivables 11,872 [4] 10,383 [4]
Inventories 14,564 [4] 11,460 [4]
Financing receivables - net 0 [4] 0 [4]
Other GECS receivables 0 [4] 0 [4]
Property, plant and equipment - net 13,520 [4] 12,444 [4]
Investment in GECS 75,108 [4] 68,984 [4]
Goodwill 42,363 [4] 36,880 [4]
Other intangible assets - net 9,947 [4] 8,088 [4]
All other assets 35,946 [4] 17,454 [4]
Assets of businesses held for sale 0 [4] 33,760 [4]
Assets of discontinued operations 50 [4] 50 [4]
Total assets(b) 216,978 [1],[4] 218,763 [1],[4]
Liabilities and equity    
Short-term borrowings 1,202 [4] 456 [4]
Accounts payable, principally trade accounts 12,695 [4] 11,620 [4]
Progress collections and price adjustments accrued 11,852 [4] 11,841 [4]
Other GE current liabilities 16,722 [4] 12,959 [4]
Non-recourse borrowings of consolidated securitization entities 0 [4] 0 [4]
Bank deposits 0 [4] 0 [4]
Long-term borrowings 9,725 [4] 9,656 [4]
Investment contracts, insurance liabilities and insurance annuity benefits 0 [4] 0 [4]
All other liabilities 38,892 [4] 37,815 [4]
Deferred income taxes (3,464) [4] (4,237) [4]
Liabilities of businesses held for sale 0 [4] 15,455 [4]
Liabilities of discontinued operations 158 [4] 164 [4]
Total liabilities(b) 87,782 [1],[4] 95,729 [1],[4]
Preferred stock (30,000 shares outstanding at both June 30, 2011 and December 31, 2010) 0 [4] 0 [4]
Common stock (10,600,337,000 and 10,615,376,000 shares outstanding at June 30, 2011 and December 31, 2010, respectively) 702 [4] 702 [4]
Accumulated other comprehensive income - net(c)    
Investment securities (430) [2],[4] (636) [2],[4]
Currency translation adjustments 4,260 [2],[4] (86) [2],[4]
Cash flow hedges (1,537) [2],[4] (1,280) [2],[4]
Benefit plans (14,748) [2],[4] (15,853) [2],[4]
Other capital 36,600 [4] 36,890 [4]
Retained earnings 135,098 [4] 131,137 [4]
Less common stock held in treasury (31,871) [4] (31,938) [4]
Total GE shareowners' equity 128,074 [4] 118,936 [4]
Noncontrolling interests(d) 1,122 [3],[4] 4,098 [3],[4]
Total equity 129,196 [4] 123,034 [4]
Total liabilities and equity 216,978 [4] 218,763 [4]
Subsidiaries GECS [Member]
   
Assets    
Cash and equivalents 77,983 60,257
Investment securities 45,331 43,921
Current receivables 0 0
Inventories 52 66
Financing receivables - net 300,749 312,234
Other GECS receivables 14,263 14,304
Property, plant and equipment - net 55,326 53,768
Investment in GECS 0 0
Goodwill 28,173 27,508
Other intangible assets - net 1,851 1,883
All other assets 74,598 79,240
Assets of businesses held for sale 895 3,127
Assets of discontinued operations 6,413 12,375
Total assets(b) 605,634 [1] 608,683 [1]
Liabilities and equity    
Short-term borrowings 123,643 118,797
Accounts payable, principally trade accounts 7,870 7,035
Progress collections and price adjustments accrued 0 0
Other GE current liabilities 0 0
Non-recourse borrowings of consolidated securitization entities 29,075 30,018
Bank deposits 41,548 37,298
Long-term borrowings 268,962 284,407
Investment contracts, insurance liabilities and insurance annuity benefits 29,854 29,993
All other liabilities 23,127 20,982
Deferred income taxes 2,759 6,990
Liabilities of businesses held for sale 527 592
Liabilities of discontinued operations 1,960 2,423
Total liabilities(b) 529,325 [1] 538,535 [1]
Preferred stock (30,000 shares outstanding at both June 30, 2011 and December 31, 2010) 0 0
Common stock (10,600,337,000 and 10,615,376,000 shares outstanding at June 30, 2011 and December 31, 2010, respectively) 1 1
Accumulated other comprehensive income - net(c)    
Investment securities (436) [2] (639) [2]
Currency translation adjustments 1,135 [2] (1,411) [2]
Cash flow hedges (1,541) [2] (1,281) [2]
Benefit plans (381) [2] (380) [2]
Other capital 27,627 27,626
Retained earnings 48,703 45,068
Less common stock held in treasury 0 0
Total GE shareowners' equity 75,108 68,984
Noncontrolling interests(d) 1,201 [3] 1,164 [3]
Total equity 76,309 70,148
Total liabilities and equity $ 605,634 $ 608,683
[1] (b) Our consolidated assets at June 30, 2011 include total assets of $45,587 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $36,387 million and investment securities of $5,960 million. Our consolidated liabilities at June 30, 2011 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $28,556 million. See Note 18.
[2] (c) The sum of accumulated other comprehensive income - net was $(12,455) million and $(17,855) million at June 30, 2011 and December 31, 2010, respectively.
[3] (d) Included accumulated other comprehensive income - net attributable to noncontrolling interests of $(149) million and $(153) million at June 30, 2011 and December 31, 2010, respectively.
[4] (a) Represents the adding together of all affiliated companies except General Electric Capital Services, Inc. (GECS or financial services), which is presented on a one-line basis.