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Earnings Per Share Information
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share Information

14. EARNINGS PER SHARE INFORMATION

GE's authorized common stock consists of 13,200,000,000 shares having a par value of $0.06 each. Information related to the calculation of earnings per share follows.

 Three months ended March 31
 2012 2011
(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)$ 3,247 $ 3,247 $ 3,392 $ 3,391
Preferred stock dividends declared  0   0   (75)   (75)
Earnings from continuing operations attributable           
to common shareowners for per-share           
   calculation(a)  3,247   3,247   3,317   3,316
Earnings (loss) from discontinued operations           
   for per-share calculation(a)  (217)   (217)   35   35
Net earnings attributable to GE common            
   shareowners for per-share calculation(a)$ 3,030 $ 3,030 $ 3,351 $ 3,351
            
Average equivalent shares           
Shares of GE common stock outstanding  10,581   10,581   10,611   10,611
Employee compensation-related shares,           
   including stock options  30   0   30   0
Total average equivalent shares  10,611   10,581   10,641   10,611
            
Per-share amounts           
Earnings from continuing operations$ 0.31 $ 0.31 $ 0.31 $ 0.31
Earnings (loss) from discontinued operations  (0.02)   (0.02)   0   0
Net earnings  0.29   0.29   0.31   0.32
            
            

(a)       Included an insignificant amount of dividend equivalents in each of the periods presented.

 

For the three months ended March 31, 2012 and 2011, there were approximately 307 million and 293 million, respectively, of outstanding stock awards that were not included in the computation of diluted earnings per share because their effect was antidilutive.

 

Earnings-per-share amounts are computed independently for earnings from continuing operations, earnings (loss) 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.