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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues and other income        
Sales of goods $ 18,723 $ 17,967 $ 53,893 $ 50,902
Sales of services 7,167 7,185 21,945 20,939
Other income 258 363 792 2,082
GECC earnings from continuing operations 0 0 0 0
GECC revenues from services (Note 12) 10,026 10,146 29,955 31,740
Total revenues and other income 36,174 35,661 106,585 105,663
Costs and expenses        
Cost of goods sold 15,232 14,657 43,600 41,390
Cost of services sold 4,508 4,798 14,668 13,871
Interest and other financial charges 2,357 2,445 7,116 7,648
Investment contracts, insurance losses and insurance annuity benefits 662 672 1,940 2,022
Provision for losses on financing receivables 957 789 2,895 3,256
Other costs and expenses 8,543 8,680 25,216 25,984
Total costs and expenses 32,259 32,041 95,435 94,171
Earnings from continuing operations before income taxes 3,915 3,620 11,150 11,492
Benefit (provision) for income taxes (463) (348) (1,172) (1,166)
Earnings from continuing operations 3,452 3,272 9,978 10,326
Earnings (loss) from discontinued operations, net of taxes 57 (91) 28 (335)
Net earnings 3,509 3,181 10,006 9,991
Less net earnings (loss) attributable to noncontrolling interests (28) (10) (75) 140
Net earnings attributable to the Company 3,537 3,191 10,081 9,851
Preferred stock dividends declared     0 0
Net earnings (loss) attributable to GE common shareowners 3,537 3,191 10,081 9,851
Amounts attributable to GE common shareowners:        
Earnings from continuing operations 3,452 3,272 9,978 10,326
Less net earnings (loss) attributable to noncontrolling interests (28) (10) (75) 140
Earnings from continuing operations attributable to Company 3,480 3,282 10,053 10,186
GECC preferred stock dividends declared     0 0
Earnings from continuing operations attributable to GE common shareowners 3,480 3,282 10,053 10,186
Earnings (loss) from discontinued operations, net of taxes     28 (335)
Net earnings (loss) attributable to GE common shareowners 3,537 3,191 10,081 9,851
Earnings from continuing operations        
Diluted earnings per share $ 0.34 $ 0.32 $ 0.99 $ 0.98
Basic earnings per share $ 0.35 $ 0.32 $ 1 $ 0.99
Net earnings (loss)        
Diluted earnings per share $ 0.35 $ 0.31 $ 0.99 $ 0.95
Basic earnings per share $ 0.35 $ 0.31 $ 1 $ 0.96
Dividends declared per common share $ 0.22 $ 0.19 $ 0.66 $ 0.57
GE
       
Revenues and other income        
Sales of goods 18,764 [1] 17,994 [1] 54,017 [2] 50,970 [2]
Sales of services 7,261 [1] 7,268 [1] 22,245 [2] 21,218 [2]
Other income 236 [1] 271 [1] 689 [2] 1,893 [2]
GECC earnings from continuing operations 1,492 [1] 1,903 [1] 5,289 [2] 5,765 [2]
GECC revenues from services (Note 12) 0 [1] 0 [1] 0 [2] 0 [2]
Total revenues and other income 27,753 [1] 27,436 [1] 82,240 [2] 79,846 [2]
Costs and expenses        
Cost of goods sold 15,274 [1] 14,690 [1] 43,729 [2] 41,474 [2]
Cost of services sold 4,603 [1] 4,881 [1] 14,969 [2] 14,150 [2]
Interest and other financial charges 377 [1] 338 [1] 1,142 [2] 988 [2]
Investment contracts, insurance losses and insurance annuity benefits 0 [1] 0 [1] 0 [2] 0 [2]
Provision for losses on financing receivables 0 [1] 0 [1] 0 [2] 0 [2]
Other costs and expenses 3,686 [1] 3,921 [1] 11,355 [2] 11,881 [2]
Total costs and expenses 23,940 [1] 23,830 [1] 71,195 [2] 68,493 [2]
Earnings from continuing operations before income taxes 3,813 [1] 3,606 [1] 11,045 [2] 11,353 [2]
Benefit (provision) for income taxes (416) [1] (344) [1] (1,143) [2] (1,065) [2]
Earnings from continuing operations 3,397 [1] 3,262 [1] 9,902 [2] 10,288 [2]
Earnings (loss) from discontinued operations, net of taxes 57 [1] (91) [1] 28 [2] (335) [2]
Net earnings 3,454 [1] 3,171 [1] 9,930 [2] 9,953 [2]
Less net earnings (loss) attributable to noncontrolling interests (83) [1] (20) [1] (151) [2] 102 [2]
Net earnings attributable to the Company 3,537 [1] 3,191 [1] 10,081 [2] 9,851 [2]
Preferred stock dividends declared 0 [1] 0 [1] 0 [2] 0 [2]
Net earnings (loss) attributable to GE common shareowners 3,537 [1] 3,191 [1] 10,081 [2] 9,851 [2]
Amounts attributable to GE common shareowners:        
Earnings from continuing operations 3,397 [1] 3,262 [1] 9,902 [2] 10,288 [2]
Less net earnings (loss) attributable to noncontrolling interests (83) [1] (20) [1] (151) [2] 102 [2]
Earnings from continuing operations attributable to Company 3,480 [1] 3,282 [1] 10,053 [2] 10,186 [2]
GECC preferred stock dividends declared 0 [1] 0 [1] 0 [2] 0 [2]
Earnings from continuing operations attributable to GE common shareowners 3,480 [1] 3,282 [1] 10,053 [2] 10,186 [2]
Earnings (loss) from discontinued operations, net of taxes (57) 91 28 [2] (335) [2]
Net earnings (loss) attributable to GE common shareowners 3,537 [1] 3,191 [1] 10,081 [2] 9,851 [2]
GECC
       
Revenues and other income        
Sales of goods 28 33 89 90
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 (Note 12) 10,423 10,573 31,124 32,900
Total revenues and other income 10,451 10,606 31,213 32,990
Costs and expenses        
Cost of goods sold 25 29 81 75
Cost of services sold 0 0 0 0
Interest and other financial charges 2,093 2,224 6,325 6,994
Investment contracts, insurance losses and insurance annuity benefits 700 714 2,041 2,131
Provision for losses on financing receivables 957 789 2,895 3,256
Other costs and expenses 5,082 4,934 14,477 14,631
Total costs and expenses 8,857 8,690 25,819 27,087
Earnings from continuing operations before income taxes 1,594 1,916 5,394 5,903
Benefit (provision) for income taxes (47) (3) (29) (100)
Earnings from continuing operations 1,547 1,913 5,365 5,803
Earnings (loss) from discontinued operations, net of taxes 57 (91) 33 (334)
Net earnings 1,604 1,822 5,398 5,469
Less net earnings (loss) attributable to noncontrolling interests 55 10 76 38
Net earnings attributable to the Company 1,549 1,812 5,322 5,431
Preferred stock dividends declared 0 0 (161) (135)
Net earnings (loss) attributable to GE common shareowners 1,549 1,812 5,161 5,296
Amounts attributable to GE common shareowners:        
Earnings from continuing operations 1,547 1,913 5,365 5,803
Less net earnings (loss) attributable to noncontrolling interests 55 10 76 38
Earnings from continuing operations attributable to Company 1,492 1,903 5,289 5,765
GECC preferred stock dividends declared 0 0 (161) (135)
Earnings from continuing operations attributable to GE common shareowners 1,492 1,903 5,128 5,630
Earnings (loss) from discontinued operations, net of taxes     33 (334)
Net earnings (loss) attributable to GE common shareowners $ 1,549 $ 1,812 $ 5,161 $ 5,296
[1]

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.

[2]

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.