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Condensed Statement of Earnings (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Sales of goods $ 17,734 $ 16,859 $ 53,234 $ 47,571
Sales of services 6,805 6,279 19,835 20,466
Other income 787 556 1,737 4,805
GECC earnings from continuing operations 0 0 0 0
GECC revenues from services 11,023 11,670 33,226 36,474
Total revenues and other income 36,349 35,364 108,032 109,316
Costs and expenses        
Cost of goods sold 14,419 13,175 42,681 37,943
Cost of services sold 4,090 3,584 12,896 12,949
Interest and other financial charges 2,979 3,731 9,548 11,297
Investment contracts, insurance losses and insurance annuity benefits 756 719 2,155 2,201
Provision for losses on financing receivables 1,122 961 2,728 2,893
Other costs and expenses 8,957 9,427 25,887 26,296
Total costs and expenses, Total 32,323 31,597 95,895 93,579
Earnings (loss) from continuing operations before income taxes 4,026 3,767 12,137 15,737
Benefit (provision) for income taxes (555) (437) (1,686) (5,271)
Earnings from continuing operations 3,471 3,330 10,451 10,466
Earnings (loss) from discontinued operations, net of taxes 37 (65) (733) 164
Net earnings (loss) 3,508 3,265 9,718 10,630
Less net earnings (loss) attributable to noncontrolling interests 17 41 88 209
Net earnings (loss) attributable to the Company 3,491 3,224 9,630 10,421
Preferred stock dividends declared 0 (881) 0 (1,031)
Net earnings (loss) attributable to GE common shareowners 3,491 2,343 9,630 9,390
Amounts attributable to the Company        
Earnings (loss) from continuing operations 3,454 3,289 10,363 10,257
Earnings (loss) from discontinued operations, net of taxes 37 (65) (733) 164
Net earnings (loss) attributable to the Company 3,491 3,224 9,630 10,421
Earnings from continuing operations        
Diluted earnings per share $ 0.33 $ 0.23 $ 0.98 $ 0.87
Basic earnings per share $ 0.33 $ 0.23 $ 0.98 $ 0.87
Net earnings (loss)        
Diluted earnings per share $ 0.33 $ 0.22 $ 0.91 $ 0.88
Basic earnings per share $ 0.33 $ 0.22 $ 0.91 $ 0.88
Dividends declared per common share $ 0.17 $ 0.15 $ 0.51 $ 0.44
Subsidiaries [Member]
       
Revenues        
Sales of goods 17,860 [1] 16,869 [1] 53,432 [1] 47,539 [1]
Sales of services 6,889 [1] 6,361 [1] 20,142 [1] 20,754 [1]
Other income 818 [1] 621 [1] 1,827 [1] 4,962 [1]
GECC earnings from continuing operations 1,679 [1] 1,519 [1] 5,593 [1] 4,924 [1]
GECC revenues from services 0 [1] 0 [1] 0 [1] 0 [1]
Total revenues and other income 27,246 [1] 25,370 [1] 80,994 [1] 78,179 [1]
Costs and expenses        
Cost of goods sold 14,550 [1] 13,187 [1] 42,893 [1] 37,919 [1]
Cost of services sold 4,174 [1] 3,667 [1] 13,203 [1] 13,237 [1]
Interest and other financial charges 294 [1] 356 [1] 960 [1] 1,032 [1]
Investment contracts, insurance losses and insurance annuity benefits 0 [1] 0 [1] 0 [1] 0 [1]
Provision for losses on financing receivables 0 [1] 0 [1] 0 [1] 0 [1]
Other costs and expenses 4,300 [1] 4,490 [1] 12,214 [1] 11,177 [1]
Total costs and expenses, Total 23,318 [1] 21,700 [1] 69,270 [1] 63,365 [1]
Earnings (loss) from continuing operations before income taxes 3,928 [1] 3,670 [1] 11,724 [1] 14,814 [1]
Benefit (provision) for income taxes (477) [1] (378) [1] (1,319) [1] (4,437) [1]
Earnings from continuing operations 3,451 [1] 3,292 [1] 10,405 [1] 10,377 [1]
Earnings (loss) from discontinued operations, net of taxes 37 [1] (65) [1] (733) [1] 164 [1]
Net earnings (loss) 3,488 [1] 3,227 [1] 9,672 [1] 10,541 [1]
Less net earnings (loss) attributable to noncontrolling interests (3) [1] 3 [1] 42 [1] 120 [1]
Net earnings (loss) attributable to the Company 3,491 [1] 3,224 [1] 9,630 [1] 10,421 [1]
Preferred stock dividends declared 0 [1] (881) [1] 0 [1] (1,031) [1]
Net earnings (loss) attributable to GE common shareowners 3,491 [1] 2,343 [1] 9,630 [1] 9,390 [1]
Amounts attributable to the Company        
Earnings (loss) from continuing operations 3,454 [1] 3,289 [1] 10,363 [1] 10,257 [1]
Earnings (loss) from discontinued operations, net of taxes 37 [1] (65) [1] (733) [1] 164 [1]
Net earnings (loss) attributable to the Company 3,491 [1] 3,224 [1] 9,630 [1] 10,421 [1]
Subsidiaries GECC [Member]
       
Revenues        
Sales of goods 34 32 90 116
Sales of services 0 0 0 0
Other income 0 0 0 0
GECC earnings from continuing operations 0 0 0 0
GECC revenues from services 11,335 11,983 34,179 37,375
Total revenues and other income 11,369 12,015 34,269 37,491
Costs and expenses        
Cost of goods sold 27 30 75 108
Cost of services sold 0 0 0 0
Interest and other financial charges 2,805 3,556 8,989 10,738
Investment contracts, insurance losses and insurance annuity benefits 798 755 2,271 2,314
Provision for losses on financing receivables 1,122 961 2,728 2,893
Other costs and expenses 4,840 5,097 14,200 15,591
Total costs and expenses, Total 9,592 10,399 28,263 31,644
Earnings (loss) from continuing operations before income taxes 1,777 1,616 6,006 5,847
Benefit (provision) for income taxes (78) (59) (367) (834)
Earnings from continuing operations 1,699 1,557 5,639 5,013
Earnings (loss) from discontinued operations, net of taxes (111) (64) (881) 166
Net earnings (loss) 1,588 1,493 4,758 5,179
Less net earnings (loss) attributable to noncontrolling interests 20 38 46 89
Net earnings (loss) attributable to the Company 1,568 1,455 4,712 5,090
Preferred stock dividends declared 0 0 0 0
Net earnings (loss) attributable to GE common shareowners 1,568 1,455 4,712 5,090
Amounts attributable to the Company        
Earnings (loss) from continuing operations 1,679 1,519 5,593 4,924
Earnings (loss) from discontinued operations, net of taxes (111) (64) (881) 166
Net earnings (loss) attributable to the Company $ 1,568 $ 1,455 $ 4,712 $ 5,090
[1] (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.