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Statement of Financial Position (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Assets      
Cash and equivalents $ 75,075 $ 70,483  
Investment securities (Note 3) 32,974 31,973  
Current receivables 25,918 27,022  
Inventories (Note 4) 23,907 22,515  
Financing receivables - net (Note 5) 11,903 12,052  
Other GE Capital Receivables 6,409 6,782  
Property, plant and equipment - net (Note 6) 53,786 54,095  
Receivables from GE Capital (debt assumption) 0 0 $ 0
Investment in GE Capital 0 0  
Goodwill (Note 7) 66,212 65,526  
Other intangible assets - net (Note 7) 16,890 17,798  
Contract Assets (Note 8) 21,654 21,156  
All other assets 39,625 36,797  
Deferred income taxes (Note 11) 3,214 3,105  
Assets of businesses held for sale (Note 2) 3,013 2,818  
Assets of discontinued operations (Note 2) 81,615 120,951  
Total assets(a) [1] 462,193 493,072  
Liabilities and equity      
Short-term borrowings (Note 9) 51,082 49,860  
Accounts payable, principally trade accounts 13,150 13,680  
Progress collections and price adjustments accrued 16,342 15,776  
Dividends payable 2,153 2,167  
Other GE current liabilities 21,552 23,597  
Non-recourse borrowings of consolidated securitization entities (Note 9) 2,780 3,083  
Long-term borrowings (Note 9) 132,187 144,659  
Deferred tax liabilities 0 0  
Investment contracts, insurance liabilities and insurance annuity benefits 26,318 25,692  
Non-current compensation and benefits 40,415 40,487  
All other liabilities 22,459 23,612  
Liabilities of businesses held for sale (Note 2) 1,020 861  
Liabilities of discontinued operations (Note 2) 36,944 46,487  
Total liabilities(a) [1] 366,403 389,962  
Redeemable noncontrolling interest (Note 12) 3,036 2,972 73
Preferred stock value (5,944,250 shares outstanding at both March 31, 2016 and December 31, 2015) 6 6  
Common stock (9,195,657,000 and 9,379,288,000 shares outstanding at March 31, 2016 and December 31, 2015, respectively) 702 702  
Accumulated other comprehensive income (loss) - attributable to GE(b)      
Investment securities [2] 680 460  
Currency translation adjustments [2] (5,500) (5,499)  
Cash flow hedges [2] (26) (80)  
Benefit plans [2] (10,859) (11,410)  
Other capital 37,377 37,613  
Retained earnings 137,750 140,020  
Less common stock held in treasury (69,042) (63,539)  
Total GE shareowners' equity 91,088 98,274 108,560
Noncontrolling interests(c) (Note 12) 1,667 [3] 1,864 [3] 8,738
Total equity 92,755 100,138 $ 117,298
Total liabilities, redeemable noncontrolling interests and equity 462,193 493,072  
GE      
Assets      
Cash and equivalents [4] 9,297 10,372  
Investment securities (Note 3) [4] 97 151  
Current receivables [4] 14,420 14,707  
Inventories (Note 4) [4] 23,839 22,449  
Financing receivables - net (Note 5) [4] 0 0  
Other GE Capital Receivables [4] 0 0  
Property, plant and equipment - net (Note 6) 19,659 20,145 [4]  
Receivables from GE Capital (debt assumption) [4] 73,623 84,704  
Investment in GE Capital [4] 38,213 46,227  
Goodwill (Note 7) [4] 63,841 63,157  
Other intangible assets - net (Note 7) [4] 16,493 17,366  
Contract Assets (Note 8) [4] 21,654 21,156  
All other assets [4] 12,537 12,813  
Deferred income taxes (Note 11) [4] 7,467 7,666  
Assets of businesses held for sale (Note 2) [4] 3,013 2,818  
Assets of discontinued operations (Note 2) [4] 9 9  
Total assets(a) [4] 304,163 323,738  
Liabilities and equity      
Short-term borrowings (Note 9) [4],[5] 20,659 19,792  
Accounts payable, principally trade accounts [4] 18,297 19,250  
Progress collections and price adjustments accrued [4] 16,342 15,776  
Dividends payable [4] 2,153 2,167  
Other GE current liabilities [4] 21,549 23,595  
Non-recourse borrowings of consolidated securitization entities (Note 9) [4] 0 0  
Long-term borrowings (Note 9) [4],[5] 72,353 83,309  
Investment contracts, insurance liabilities and insurance annuity benefits [4] 0 0  
Non-current compensation and benefits [4] 39,588 39,472  
All other liabilities [4] 16,239 16,217  
Liabilities of businesses held for sale (Note 2) [4] 1,506 1,409  
Liabilities of discontinued operations (Note 2) [4] 127 128  
Total liabilities(a) [4] 208,813 221,115  
Redeemable noncontrolling interest (Note 12) [4] 3,036 2,972  
Preferred stock value (5,944,250 shares outstanding at both March 31, 2016 and December 31, 2015) 6 [4] 6  
Common stock (9,195,657,000 and 9,379,288,000 shares outstanding at March 31, 2016 and December 31, 2015, respectively) [4] 702 702  
Accumulated other comprehensive income (loss) - attributable to GE(b)      
Investment securities [4] 680 460  
Currency translation adjustments [4] (5,500) (5,499)  
Cash flow hedges [4] (26) (80)  
Benefit plans [4] (10,859) (11,410)  
Other capital [4] 37,377 37,613  
Retained earnings [4] 137,750 140,020  
Less common stock held in treasury [4] (69,042) (63,539)  
Total GE shareowners' equity [4] 91,088 98,274  
Noncontrolling interests(c) (Note 12) [4] 1,226 1,378  
Total equity [4] 92,314 99,651  
Total liabilities, redeemable noncontrolling interests and equity [4] 304,163 323,738  
GE Capital      
Assets      
Cash and equivalents 65,778 60,111  
Investment securities (Note 3) 32,882 31,827  
Current receivables 0 0  
Inventories (Note 4) 68 66  
Financing receivables - net (Note 5) 23,715 25,003  
Other GE Capital Receivables 15,109 15,455  
Property, plant and equipment - net (Note 6) 34,892 34,781  
Receivables from GE Capital (debt assumption) 0 0  
Investment in GE Capital 0 0  
Goodwill (Note 7) 2,370 2,370  
Other intangible assets - net (Note 7) 399 435  
Contract Assets (Note 8) 0 0  
All other assets 28,607 25,081  
Deferred income taxes (Note 11) (4,253) (4,561)  
Assets of businesses held for sale (Note 2) 0 0  
Assets of discontinued operations (Note 2) 81,606 120,942  
Total assets(a) 281,172 311,508  
Liabilities and equity      
Short-term borrowings (Note 9) [5] 48,736 48,617  
Accounts payable, principally trade accounts 2,082 1,745  
Progress collections and price adjustments accrued 0 0  
Dividends payable 0 0  
Other GE current liabilities 0 0  
Non-recourse borrowings of consolidated securitization entities (Note 9) 2,780 3,083  
Long-term borrowings (Note 9) [5] 116,257 128,478  
Investment contracts, insurance liabilities and insurance annuity benefits 26,955 26,155  
Non-current compensation and benefits 818 1,006  
All other liabilities 8,073 9,351  
Liabilities of businesses held for sale (Note 2) 0 0  
Liabilities of discontinued operations (Note 2) 36,817 46,359  
Total liabilities(a) 242,518 264,795  
Redeemable noncontrolling interest (Note 12) 0 0  
Preferred stock value (5,944,250 shares outstanding at both March 31, 2016 and December 31, 2015) 6 6  
Common stock (9,195,657,000 and 9,379,288,000 shares outstanding at March 31, 2016 and December 31, 2015, respectively) 0 0  
Accumulated other comprehensive income (loss) - attributable to GE(b)      
Investment securities 683 456  
Currency translation adjustments (773) (898)  
Cash flow hedges (24) (112)  
Benefit plans (534) (540)  
Other capital 12,570 12,326  
Retained earnings 26,286 34,988  
Less common stock held in treasury 0 0  
Total GE shareowners' equity 38,213 46,227  
Noncontrolling interests(c) (Note 12) 441 486  
Total equity 38,655 46,713  
Total liabilities, redeemable noncontrolling interests and equity $ 281,172 $ 311,508  
[1] (a) Our consolidated assets at March 31, 2016 included total assets of $ 7,295 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets included current receivables and net financing receivables of $ 4,590 million and investment securities of $ 1,493 million w ithin continuing operations and assets of discontinued operations of $ 468 million. Our consolidated liabilities at March 31, 2016 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $ 2,780 million within continuing operations and non-recourse borrowings of CSEs within discontinued operations of $ 41 million. See Note 16.
[2] (b) The sum of accu mulated other comprehensive income (loss) (AOCI) attributable to the Company was $ (15,705) million and $ (16,529) million at March 31, 2016 and December 31, 2015 , respectively.
[3] (c) Included AOCI attributable to noncontrolling interests of $ (262) mi llion and $ (264) million at March 31, 2016 and December 31, 2015 , respectively.
[4] (a) Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis.
[5] On December 2, 2015, senior unsecured notes and commercial paper was assumed by GE upon its merger with GE Capital resulting in an intercompany payable to GE. The short-term borrowings were $17,268 million and $17,642 million and the long-term borrowings were $56,355 million and $67,062 million at March 31, 2016 and December 31, 2015, respectively. See Note 9 for addition al information.