Earnings Per Share Information

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share Information

13. EARNINGS PER SHARE INFORMATION

	Three months ended September 30
	2014				2013
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	3,475	$	3,475	$	3,268	$	3,278
Earnings (loss) from discontinued operations
for per-share calculation(a)(b)		57		57		(101)		(91)
Net earnings attributable to GE common
shareowners for per-share calculation(a)(b)	$	3,532	$	3,532	$	3,177	$	3,187
Average equivalent shares
Shares of GE common stock outstanding		10,039		10,039		10,151		10,151
Employee compensation-related shares (including
stock options) and warrants		80		-		72		-
Total average equivalent shares		10,119		10,039		10,223		10,151
Per-share amounts
Earnings from continuing operations	$	0.34	$	0.35	$	0.32	$	0.32
Earnings (loss) from discontinued operations		0.01		0.01		(0.01)		(0.01)
Net earnings		0.35		0.35		0.31		0.31

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

(b) Included in the three months ended September 30, 2013 is a dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock.

	Nine months ended September 30
	2014				2013
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	10,039	$	10,039	$	10,172	$	10,172
Earnings (loss) from discontinued operations
for per-share calculation(a)(b)		29		29		(334)		(334)
Net earnings attributable to GE common
shareowners for per-share calculation(a)(b)	$	10,068	$	10,067	$	9,838	$	9,838
Average equivalent shares
Shares of GE common stock outstanding		10,042		10,042		10,262		10,262
Employee compensation-related shares (including
stock options) and warrants		79		-		65		-
Total average equivalent shares		10,121		10,042		10,328		10,262
Per-share amounts
Earnings from continuing operations	$	0.99	$	1.00	$	0.98	$	0.99
Earnings (loss) from discontinued operations		-		-		(0.03)		(0.03)
Net earnings		0.99		1.00		0.95		0.96

• Included an insignificant amount of dividend equivalents in each of the periods presented.
• Included in the nine months ended September 30, 2013 is a dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock.

For the three and nine months ended September 30, 2014 and 2013, there were approximately 88 million and 78 million, respectively, and 104 million and 273 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.