Intercompany Transactions

6 Months Ended

Jun. 30, 2016

Intercompany Transactions [Abstract]

NOTE 17. INTERCOMPANY TRANSACTIONS

Transactions between related companies are made on an arms-length basis, are eliminated and consist primarily of GE Capital dividends to GE; GE customer receivables sold to GE Capital; GE Capital services for trade receivables management and material procurement; buildings and equipment leased between GE and GE Capital, including sales-leaseback activity; information technology (IT) and other services sold to GE Capital by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GE Capital from third-party producers for lease to others; expenses related to parent-subsidiary pension plans, and various investments, loans and allocations of GE corporate overhead costs.

These intercompany transactions are reported in the GE and GE Capital columns of our financial statements, but are eliminated in deriving our consolidated financial statements. Effects of these eliminations on our consolidated cash flows from operating, investing and financing activities are $(9,193) million, $2,918 million and $6,275 million in the six months ended June 30, 2016, and $1,105 million, $(1,848) million and $743 million in the six months ended June 30, 2015, respectively. Details of these eliminations are shown below.

	Six months ended June 30
(In millions)	2016		2015

Cash from (used for) operating activities-continuing operations
Combined	$	11,129	$	1,828
GE customer receivables sold to GE Capital		1,499		1,169
GE Capital dividends to GE		(11,000)		(450)
Other reclassifications and eliminations		308		385
	$	1,936	$	2,932
Cash from (used for) investing activities-continuing operations
Combined	$	39,496	$	26,605
GE customer receivables sold to GE Capital		(1,652)		(1,493)
Other reclassifications and eliminations		4,570		(356)
	$	42,414	$	24,756
Cash from (used for) financing activities-continuing operations
Combined	$	(68,960)	$	(17,214)
GE customer receivables sold to GE Capital		153		324
GE Capital dividends to GE		11,000		450
Other reclassifications and eliminations		(4,878)		(30)
	$	(62,685)	$	(16,470)