Earnings Per Share Information

12 Months Ended

Dec. 31, 2014

NOTE 20. EARNINGS PER SHARE INFORMATION

	2014				2013				2012
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic		Diluted		Basic

Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	12,517	$	12,516	$	11,885	$	11,898	$	11,796	$	11,795
Earnings (loss) from discontinued operations
for per-share calculation(a)(b)		2,697		2,697		1,131		1,143		1,828		1,828
Net earnings attributable to GE common
shareowners for per-share calculation(a)(b)	$	15,213	$	15,212	$	13,028	$	13,040	$	13,622	$	13,622

Average equivalent shares
Shares of GE common stock outstanding		10,045		10,045		10,222		10,222		10,523		10,523
Employee compensation-related shares (including
stock options) and warrants		78		-		67		-		41		-
Total average equivalent shares		10,123		10,045		10,289		10,222		10,564		10,523

Per-share amounts
Earnings from continuing operations	$	1.24	$	1.25	$	1.16	$	1.16	$	1.12	$	1.12
Earnings (loss) from discontinued operations		0.27		0.27		0.11		0.11		0.17		0.17
Net earnings		1.50		1.51		1.27		1.28		1.29		1.29

Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities and, therefore, are included in the computation of earnings per share pursuant to the two-class method. Application of this treatment has an insignificant effect.

Included an insignificant amount of dividend equivalents in each of the three years presented.
Included in 2013 is a dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock.

For the years ended December 31, 2014, 2013 and 2012, there were approximately 98 million, 121 million and 292 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.