Quarterly Information (unaudited)

12 Months Ended

Dec. 31, 2014

Selected Quarterly Financial Information [Abstract]

Quarterly Information (unaudited)

NOTE 29. QUARTERLY INFORMATION (UNAUDITED)

	First quarter				Second quarter				Third quarter				Fourth quarter
(In millions; per-share amounts in dollars)	2014		2013		2014		2013		2014		2013		2014		2013
Consolidated operations
Earnings from continuing operations	$	2,940	$	3,631	$	3,586	$	3,423	$	3,452	$	3,272	$	5,479	$	5,149
Earnings (loss) from discontinued
operations		12		(120)		(41)		(124)		57		(91)		(140)		(1,785)
Net earnings		2,952		3,511		3,545		3,299		3,509		3,181		5,339		3,364
Less net earnings (loss) attributable to
noncontrolling interests		(47)		(16)		-		166		(28)		(10)		187		158
Net earnings attributable to
the Company	$	2,999	$	3,527	$	3,545	$	3,133	$	3,537	$	3,191	$	5,152	$	3,206
Per-share amounts – earnings from
continuing operations
Diluted earnings per share	$	0.29	$	0.35	$	0.35	$	0.31	$	0.34	$	0.32	$	0.52	$	0.49
Basic earnings per share		0.30		0.35		0.36		0.32		0.35		0.32		0.53		0.49
Per-share amounts – earnings (loss)
from discontinued operations
Diluted earnings per share		-		(0.01)		-		(0.01)		0.01		(0.01)		(0.01)		(0.18)
Basic earnings per share		-		(0.01)		-		(0.01)		0.01		(0.01)		(0.01)		(0.18)
Per-share amounts – net earnings
Diluted earnings per share		0.30		0.34		0.35		0.30		0.35		0.31		0.51		0.32
Basic earnings per share		0.30		0.34		0.35		0.30		0.35		0.31		0.51		0.32
Selected data
GE
Sales of goods and services	$	24,011	$	22,303	$	26,226	$	24,623	$	26,025	$	25,262	$	31,046	$	28,826
Gross profit from sales		5,326		4,867		6,090		6,006		6,148		5,691		7,867		6,820
GECC
Total revenues		10,515		11,468		10,247		10,916		10,451		10,606		11,512		11,077
Earnings from continuing operations
attributable to the Company		1,933		1,938		1,864		1,924		1,492		1,903		2,052		2,493

For GE, gross profit from sales is sales of goods and services less costs of goods and services sold.

Earnings-per-share amounts are computed independently each quarter for earnings from continuing operations, earnings (loss) from discontinued operations and net earnings. As a result, the sum of each quarter’s per-share amount may not equal the total per-share amount for the respective year; and the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings for the respective quarters.