XML 53 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Operating Segments (Unaudited)
6 Months Ended
Jun. 30, 2014
Summary of Operating Segments [Abstract]  
Summary of Operating Segments

Summary of Operating Segments (Unaudited)

  Three months ended June 30 Six months ended June 30
(Dollars in millions) 2014 2013 V% 2014 2013V%
                 
Revenues                
   Power & Water $ 6,292 $ 5,715 10% $ 11,801 $ 10,540 12%
Oil & Gas   4,761   3,955 20%   9,069   7,354 23%
Energy Management   1,856   1,981 (6%)   3,528   3,729 (5%)
   Aviation   6,090   5,303 15%   11,868   10,377 14%
   Healthcare   4,483   4,490 -%   8,681   8,779 (1%)
   Transportation   1,306   1,597 (18%)   2,533   3,019 (16%)
   Appliances & Lighting   2,120   2,127 -%   3,977   4,044 (2%)
Total industrial segment revenues   26,908   25,168 7%   51,457   47,842 8%
   GE Capital   10,247   10,916 (6%)   20,762   22,384 (7%)
      Total segment revenues   37,155   36,084 3%   72,219   70,226 3%
Corporate items and eliminations   (922)   (1,025) 10%   (1,808)   (224) U
Consolidated revenues and other income $ 36,233 $ 35,059 3% $ 70,411 $ 70,002 1%
                 
Segment profit                
   Power & Water $ 1,133 $ 1,087 4% $ 2,021 $ 1,806 12%
Oil & Gas   665   532 25%   1,111   857 30%
Energy Management   69   31 F   74   46 61%
   Aviation   1,197   1,067 12%   2,312   2,003 15%
   Healthcare   730   726 1%   1,300   1,321 (2%)
   Transportation   270   313 (14%)   472   580 (19%)
   Appliances & Lighting   102   83 23%   155   162 (4%)
Total industrial segment profit   4,166   3,839 9%   7,445   6,775 10%
   GE Capital   1,703   1,789 (5%)   3,636   3,727 (2%)
      Total segment profit    5,869   5,628 4%   11,081   10,502 6%
Corporate items and eliminations   (1,474)   (1,748) 16%   (3,016)   (2,227) (35%)
GE interest and other financial charges   (400)   (326) (23%)   (765)   (650) (18%)
GE provision for income taxes   (409)   (297) (38%)   (727)   (721) (1%)
Earnings from continuing operations                
  attributable to the Company   3,586   3,257 10%   6,573   6,904 (5%)
Earnings (loss) from discontinued operations,                 
   net of taxes   (41)   (124) 67%   (29)   (244) 88%
Consolidated net earnings attributable to                
   the Company $ 3,545 $ 3,133 13% $ 6,544 $ 6,660 (2%)