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Condensed Statement of Financial Position (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Assets    
Cash and equivalents $ 74,295 $ 84,501
Investment securities 47,931 47,374
Current receivables 19,295 19,531
Inventories 15,440 13,792
Financing receivables - net 264,848 279,918
Other GECC receivables 7,696 7,561
Property, plant and equipment - net 66,660 65,739
Investment in GECC 0 0
Goodwill 72,401 72,625
Other intangible assets - net 11,738 12,068
All other assets 109,288 111,701
Assets of businesses held for sale 3,039 711
Assets of discontinued operations 1,490 1,721
Total assets(b) 694,121 [1] 717,242 [1]
Liabilities and equity    
Short-term borrowings 126,319 137,611
Accounts payable, principally trade accounts 16,718 16,400
Progress collections and price adjustments accrued 9,982 10,402
Dividends payable 1,798 1,797
Other GE current liabilities 14,967 14,796
Non-recourse borrowings of consolidated securitization entities 30,696 29,258
Bank deposits 41,942 43,115
Long-term borrowings 229,817 243,459
Investment contracts, insurance liabilities and insurance annuity benefits 27,790 29,774
All other liabilities 67,514 70,653
Deferred income taxes 456 (131)
Liabilities of businesses held for sale 283 345
Liabilities of discontinued operations 1,940 1,629
Total liabilities(b) 570,222 [1] 599,108 [1]
GECC preferred stock (22,500 outstanding at June 30, 2012) 0 0
Common stock (10,558,844,000 and 10,573,017,000 shares outstanding at June 30, 2012 and December 31, 2011, respectively) 702 702
Accumulated other comprehensive income - net(c)    
Investment securities 472 [2] (30) [2]
Currency translation adjustments (861) [2] 133 [2]
Cash flow hedges (1,031) [2] (1,176) [2]
Benefit plans (21,303) [2] (22,901) [2]
Other capital 33,498 33,693
Retained earnings 140,324 137,786
Less common stock held in treasury (31,682) (31,769)
Total GE shareowners' equity 120,119 116,438
Noncontrolling interests(d) 3,780 [3] 1,696 [3]
Total equity 123,899 118,134
Total liabilities and equity 694,121 717,242
Subsidiaries [Member]
    
Assets    
Cash and equivalents 8,644 [4] 8,382 [4]
Investment securities 28 [4] 18 [4]
Current receivables 11,323 [4] 11,807 [4]
Inventories 15,380 [4] 13,741 [4]
Financing receivables - net 0 [4] 0 [4]
Other GECC receivables 0 [4] 0 [4]
Property, plant and equipment - net 14,655 [4] 14,283 [4]
Investment in GECC 77,600 [4] 77,110 [4]
Goodwill 45,329 [4] 45,395 [4]
Other intangible assets - net 10,295 [4] 10,522 [4]
All other assets 37,762 [4] 36,675 [4]
Assets of businesses held for sale 0 [4] 0 [4]
Assets of discontinued operations 9 [4] 52 [4]
Total assets(b) 221,025 [1],[4] 217,985 [1],[4]
Liabilities and equity    
Short-term borrowings 7,324 [4] 2,184 [4]
Accounts payable, principally trade accounts 14,249 [4] 14,209 [4]
Progress collections and price adjustments accrued 10,913 [4] 11,349 [4]
Dividends payable 1,798 [4] 1,797 [4]
Other GE current liabilities 14,967 [4] 14,796 [4]
Non-recourse borrowings of consolidated securitization entities 0 [4] 0 [4]
Bank deposits 0 [4] 0 [4]
Long-term borrowings 4,391 [4] 9,405 [4]
Investment contracts, insurance liabilities and insurance annuity benefits 0 [4] 0 [4]
All other liabilities 53,249 [4] 53,826 [4]
Deferred income taxes (6,936) [4] (7,183) [4]
Liabilities of businesses held for sale 0 [4] 0 [4]
Liabilities of discontinued operations 157 [4] 158 [4]
Total liabilities(b) 100,112 [1],[4] 100,541 [1],[4]
GECC preferred stock (22,500 outstanding at June 30, 2012) 0 [4] 0 [4]
Common stock (10,558,844,000 and 10,573,017,000 shares outstanding at June 30, 2012 and December 31, 2011, respectively) 702 [4] 702 [4]
Accumulated other comprehensive income - net(c)    
Investment securities 472 [2],[4] (30) [2],[4]
Currency translation adjustments (861) [2],[4] 133 [2],[4]
Cash flow hedges (1,031) [2],[4] (1,176) [2],[4]
Benefit plans (21,303) [2],[4] (22,901) [2],[4]
Other capital 33,498 [4] 33,693 [4]
Retained earnings 140,324 [4] 137,786 [4]
Less common stock held in treasury (31,682) [4] (31,769) [4]
Total GE shareowners' equity 120,119 [4] 116,438 [4]
Noncontrolling interests(d) 794 [3],[4] 1,006 [3],[4]
Total equity 120,913 [4] 117,444 [4]
Total liabilities and equity 221,025 [4] 217,985 [4]
Subsidiaries GECC [Member]
    
Assets    
Cash and equivalents 66,252 76,702
Investment securities 47,906 47,359
Current receivables 0 0
Inventories 60 51
Financing receivables - net 273,984 288,847
Other GECC receivables 13,701 13,390
Property, plant and equipment - net 51,969 51,419
Investment in GECC 0 0
Goodwill 27,072 27,230
Other intangible assets - net 1,443 1,546
All other assets 71,897 75,612
Assets of businesses held for sale 3,039 711
Assets of discontinued operations 1,481 1,669
Total assets(b) 558,804 [1] 584,536 [1]
Liabilities and equity    
Short-term borrowings 119,796 136,333
Accounts payable, principally trade accounts 7,700 7,239
Progress collections and price adjustments accrued 0 0
Dividends payable 0 0
Other GE current liabilities 0 0
Non-recourse borrowings of consolidated securitization entities 30,696 29,258
Bank deposits 41,942 43,115
Long-term borrowings 225,539 234,391
Investment contracts, insurance liabilities and insurance annuity benefits 28,328 30,198
All other liabilities 14,759 17,334
Deferred income taxes 7,392 7,052
Liabilities of businesses held for sale 283 345
Liabilities of discontinued operations 1,783 1,471
Total liabilities(b) 478,218 [1] 506,736 [1]
GECC preferred stock (22,500 outstanding at June 30, 2012) 0 0
Common stock (10,558,844,000 and 10,573,017,000 shares outstanding at June 30, 2012 and December 31, 2011, respectively) 0 0
Accumulated other comprehensive income - net(c)    
Investment securities 476 [2] (33) [2]
Currency translation adjustments (673) [2] (399) [2]
Cash flow hedges (989) [2] (1,101) [2]
Benefit plans (568) [2] (563) [2]
Other capital 29,859 27,628
Retained earnings 51,722 51,578
Less common stock held in treasury 0 0
Total GE shareowners' equity 79,827 77,110
Noncontrolling interests(d) 759 [3] 690 [3]
Total equity 80,586 77,800
Total liabilities and equity $ 558,804 $ 584,536
[1] (b) Our consolidated assets at June 30, 2012 include total assets of $47,514 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 $38,554 million and investment securities of $4,874 million. Our consolidated liabilities at June 30, 2012 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 $29,796 million. See Note 18.
[2] (c) The sum of accumulated other comprehensive income - net was $(22,723) million and $(23,974) million at June 30, 2012 and December 31, 2011, respectively.
[3] (d) Included accumulated other comprehensive income - net attributable to noncontrolling interests of $(170) million and $(168) million at June 30, 2012 and December 31, 2011, respectively.
[4] (a) Represents the adding together of all affiliated companies except General Electric Capital Corporation. (GECC or financial services), which is presented on a one-line basis.