Guarantor Financials (Tables) - Guarantor

6 Months Ended

Jun. 30, 2016

Schedule Of Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED JUNE 30, 2016 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(in millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments		Consolidated

Revenues and other income
Sales of goods and services	$	10,664	$	-	$	-	$	38,202	$	(20,838)	$	28,028
Other income		(264)		-		-		16,043		(12,629)		3,150
Equity in earnings (loss) of affiliates		5,228		-		(5)		15,305		(20,528)		-
GE Capital revenues from services		-		200		722		1,760		(365)		2,316
Total revenues and other income		15,628		200		717		71,310		(54,359)		33,494

Costs and expenses
Interest and other financial charges		851		175		677		1,412		(1,790)		1,326
Investment contracts, insurance losses and
insurance annuity benefits		-		-		-		815		(40)		776
Other costs and expenses		11,601		-		19		37,971		(22,022)		27,569
Total costs and expenses		12,453		175		695		40,198		(23,852)		29,670
Earnings (loss) from continuing
operations before income taxes		3,175		25		21		31,111		(30,508)		3,824
Benefit (provision) for income taxes		256		(3)		(43)		(435)		(254)		(479)
Earnings (loss) from continuing operations		3,430		22		(22)		30,676		(30,762)		3,345
Earnings (loss) from discontinued
operations, net of taxes		(541)		-		(521)		600		(80)		(541)
Net earnings (loss)		2,890		22		(542)		31,277		(30,841)		2,804
Less net earnings (loss) attributable to
noncontrolling interests		-		-		-		(66)		(20)		(86)
Net earnings (loss) attributable to
the Company		2,890		22		(542)		31,342		(30,822)		2,890
Other comprehensive income (loss)		807		-		246		579		(825)		807
Comprehensive income (loss) attributable
to the Company	$	3,696	$	22	$	(297)	$	31,922	$	(31,646)	$	3,696

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED JUNE 30, 2015 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(in millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments		Consolidated

Revenues and other income
Sales of goods and services	$	11,463	$	-	$	-	$	33,442	$	(18,849)	$	26,056
Other income		610		-		-		3,352		(3,183)		780
Equity in earnings (loss) of affiliates		2,336		-		-		3,338		(5,673)		-
GE Capital revenues from services		-		-		-		9,068		(6,678)		2,390
Total revenues and other income		14,409		-		-		49,200		(34,383)		29,226

Costs and expenses
Interest and other financial charges		817		-		-		2,277		(2,382)		713
Investment contracts, insurance losses and
insurance annuity benefits		-		-		-		709		(52)		657
Other costs and expenses		12,505		-		-		37,984		(25,244)		25,245
Total costs and expenses		13,322		-		-		40,971		(27,679)		26,614
Earnings (loss) from continuing
operations before income taxes		1,086		-		-		8,229		(6,704)		2,612
Benefit (provision) for income taxes		497		-		-		(2,854)		1,558		(799)
Earnings (loss) from continuing operations		1,584		-		-		5,375		(5,146)		1,813
Earnings (loss) from discontinued
operations, net of taxes		(2,943)		-		-		(367)		363		(2,947)
Net earnings (loss)		(1,360)		-		-		5,008		(4,783)		(1,134)
Less net earnings (loss) attributable to
noncontrolling interests		-		-		-		97		128		225
Net earnings (loss) attributable to
the Company		(1,360)		-		-		4,911		(4,911)		(1,360)
Other comprehensive income (loss)		4,158		-		-		1,206		(1,206)		4,158
Comprehensive income (loss) attributable
to the Company	$	2,798	$	-	$	-	$	6,116	$	(6,116)	$	2,798

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE SIX MONTHS ENDED JUNE 30, 2016 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(in millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments		Consolidated

Revenues and other income
Sales of goods and services	$	20,676	$	-	$	-	$	71,961	$	(39,295)	$	53,342
Other income		(38)		-		-		19,484		(16,288)		3,158
Equity in earnings (loss) of affiliates		6,135		-		665		28,928		(35,728)		-
GE Capital revenues from services		-		596		1,019		6,344		(3,121)		4,838
Total revenues and other income		26,774		596		1,683		126,717		(94,431)		61,339

Costs and expenses
Interest and other financial charges		1,662		547		1,608		3,171		(3,927)		3,062
Investment contracts, insurance losses and
insurance annuity benefits		-		-		-		1,487		(70)		1,417
Other costs and expenses		22,057		-		55		73,137		(42,452)		52,797
Total costs and expenses		23,719		548		1,663		77,795		(46,449)		57,276
Earnings (loss) from continuing
operations before income taxes		3,055		48		20		48,922		(47,983)		4,063
Benefit (provision) for income taxes		875		(6)		(46)		(958)		(205)		(340)
Earnings (loss) from continuing operations		3,929		42		(26)		47,964		(48,187)		3,723
Earnings (loss) from discontinued
operations, net of taxes		(849)		-		(996)		174		821		(849)
Net earnings (loss)		3,081		42		(1,022)		48,138		(47,366)		2,874
Less net earnings (loss) attributable to
noncontrolling interests		-		-		-		(91)		(116)		(207)
Net earnings (loss) attributable to
the Company		3,081		42		(1,022)		48,230		(47,250)		3,081
Other comprehensive income (loss)		1,631		(12)		63		847		(898)		1,631
Comprehensive income (loss) attributable
to the Company	$	4,711	$	30	$	(958)	$	49,076	$	(48,148)	$	4,711

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE SIX MONTHS ENDED JUNE 30, 2015 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(in millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments		Consolidated

Revenues and other income
Sales of goods and services	$	21,135	$	-	$	-	$	64,776	$	(36,172)	$	49,739
Other income		413		-		-		4,399		(3,889)		922
Equity in earnings (loss) of affiliates		(1,084)		-		-		14,976		(13,892)		-
GE Capital revenues from services		-		-		-		17,623		(12,819)		4,804
Total revenues and other income		20,464		-		-		101,775		(66,773)		55,466

Costs and expenses
Interest and other financial charges		1,570		-		-		4,646		(4,886)		1,331
Investment contracts, insurance losses and
insurance annuity benefits		-		-		-		1,354		(84)		1,270
Other costs and expenses		23,020		-		-		78,800		(53,187)		48,633
Total costs and expenses		24,589		-		-		84,800		(58,156)		51,233
Earnings (loss) from continuing
operations before income taxes		(4,125)		-		-		16,975		(8,617)		4,233
Benefit (provision) for income taxes		1,071		-		-		(9,927)		1,763		(7,093)
Earnings (loss) from continuing operations		(3,054)		-		-		7,047		(6,853)		(2,860)
Earnings (loss) from discontinued
operations, net of taxes		(11,879)		-		-		(2,693)		2,689		(11,883)
Net earnings (loss)		(14,933)		-		-		4,355		(4,165)		(14,743)
Less net earnings (loss) attributable to
noncontrolling interests		-		-		-		197		(7)		190
Net earnings (loss) attributable to
the Company		(14,933)		-		-		4,158		(4,158)		(14,933)
Other comprehensive income (loss)		(34)		-		-		(3,785)		3,785		(34)
Comprehensive income (loss) attributable
to the Company	$	(14,967)	$	-	$	-	$	373	$	(373)	$	(14,967)

Schedule Of Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
JUNE 30, 2016 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(In millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments	Consolidated

Assets
Cash and equivalents	$	2,863	$	-	$	37	$	53,408	$	(4,185)	$	52,123
Investment securities		7		-		-		46,336		(6,623)		39,720
Receivables - net		67,759		17,077		61,339		73,581		(175,943)		43,813
Inventories		5,295		-		-		21,957		(2,528)		24,723
Property, plant and equipment - net		5,494		-		-		46,395		(1,453)		50,436
Investment in subsidiaries(a)		284,657		-		77,908		420,869		(783,434)		-
Goodwill and intangible assets		7,709		-		-		54,590		21,448		83,747
All other assets		15,293		1,558		1,019		227,904		(188,741)		57,033
Assets of discontinued operations		-		-		-		-		49,865		49,865
Total assets	$	389,078	$	18,635	$	140,303	$	945,039	$	(1,091,594)	$	401,461

Liabilities and equity
Short-term borrowings	$	166,625	$	-	$	47,814	$	31,729	$	(214,242)	$	31,927
Accounts payable		3,555		-		-		38,275		(28,715)		13,115
Other current liabilities		12,148		27		58		27,183		(674)		38,742
Long-term and non-recourse borrowings		78,035		18,361		62,445		84,118		(118,449)		124,509
All other liabilities		42,031		90		714		59,862		(13,665)		89,031
Liabilities of discontinued operations		-		-		-		-		14,384		14,384
Total Liabilities		302,394		18,478		111,031		241,166		(361,361)		311,708

Redeemable noncontrolling interests		-		-		-		2,266		803		3,070

GE shareowners' equity		84,991		158		29,271		699,629		(729,058)		84,991
Noncontrolling interests		1,693		-		-		1,977		(1,977)		1,693
Total equity		86,684		158		29,271		701,607		(731,036)		86,684
Total liabilities, redeemable
noncontrolling interests and equity	$	389,078	$	18,635	$	140,303	$	945,039	$	(1,091,594)	$	401,461

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $26.0 billion and net assets of discontinued operations of $24.9 billion.

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
DECEMBER 31, 2015

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(In millions)		Guarantor		Issuer		Guarantor		Subsidiaries		Adjustments	Consolidated

Assets
Cash and equivalents	$	4,137	$	-	$	-	$	86,955	$	(20,609)	$	70,483
Investment securities		14		-		-		40,886		(8,927)		31,973
Receivables - net		88,696		33,232		69,306		75,909		(221,286)		45,856
Inventories		5,447		-		-		19,762		(2,694)		22,515
Property, plant and equipment - net		6,540		-		-		56,808		(9,253)		54,095
Investment in subsidiaries(a)		274,471		-		78,505		405,686		(758,662)		-
Goodwill and intangible assets		7,793		-		-		61,412		14,118		83,323
All other assets		15,732		11		915		247,611		(200,392)		63,876
Assets of discontinued operations		-		-		-		-		120,951		120,951
Total assets	$	402,828	$	33,242	$	148,725	$	995,029	$	(1,086,754)	$	493,071

Liabilities and equity
Short-term borrowings	$	145,051	$	16,204	$	71,862	$	60,601	$	(243,858)	$	49,860
Accounts payable		6,096		-		-		37,636		(30,052)		13,680
Other current liabilities		14,482		(1)		17		34,903		(7,860)		41,540
Long-term and non-recourse borrowings		97,471		16,423		46,392		105,801		(118,345)		147,742
All other liabilities		41,455		489		224		57,996		(9,514)		90,651
Liabilities of discontinued operations		-		-		-		-		46,487		46,487
Total Liabilities		304,555		33,115		118,495		296,937		(363,141)		389,961

Redeemable noncontrolling interests		-		-		-		2,888		84		2,972

GE shareowners' equity		98,274		127		30,230		693,589		(723,946)		98,274
Noncontrolling interests		-		-		-		1,616		248		1,864
Total equity		98,274		127		30,230		695,204		(723,697)		100,138
Total liabilities, redeemable
noncontrolling interests and equity	$	402,828	$	33,242	$	148,725	$	995,029	$	(1,086,754)	$	493,071

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $40.1 billion and net assets of discontinued operations of $40.0 billion.

Schedule Of Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
SIX MONTHS ENDED JUNE 30, 2016 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(In millions)		Guarantor		Issuer		Guarantor		Subsidiaries		adjustments		Consolidated

Cash flows – operating activities
Cash from (used for) operating activities -
continuing operations	$	(21,092)	$	182	$	1,032	$	10,275	$	11,539	$	1,936
Cash from (used for) operating activities -
discontinued operations		(849)		-		(996)		(3,826)		821		(4,849)
Cash from (used for) operating activities		(21,941)		182		37		6,449		12,361		(2,913)

Cash flows – investing activities
Cash from (used for) investing activities –
continuing operations		17,416		16,084		7,995		97,631		(96,712)		42,414
Cash from (used for) investing activities –
discontinued operations		-		-		-		(10,646)		-		(10,646)
Cash from (used for) investing activities		17,416		16,084		7,995		86,985		(96,712)		31,768

Cash flows – financing activities
Cash from (used for) financing activities –
continuing operations		3,252		(16,265)		(7,995)		(142,451)		100,775		(62,685)
Cash from (used for) financing activities –
discontinued operations		-		-		-		(711)		-		(711)
Cash from (used for) financing activities		3,252		(16,265)		(7,995)		(143,162)		100,775		(63,396)
Effect of currency exchange rate changes
on cash and equivalents		-		-		-		(24)		-		(24)
Increase (decrease) in cash and equivalents		(1,274)		-		37		(49,752)		16,424		(34,565)
Cash and equivalents at beginning of year		4,137		-		-		107,350		(20,609)		90,878
Cash and equivalents at June 30		2,863		-		37		57,598		(4,185)		56,313
Less cash and equivalents of discontinued
operations at June 30		-		-		-		4,190		-		4,190
Cash and equivalents of continuing operations
at June 30	$	2,863	$	-	$	37	$	53,408	$	(4,185)	$	52,123

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
SIX MONTHS ENDED JUNE 30, 2015 (UNAUDITED)

		Parent						Non-
		Company		Subsidiary		Subsidiary		Guarantor		Consolidating
(In millions)		Guarantor		Issuer		Guarantor		Subsidiaries		adjustments		Consolidated

Cash flows – operating activities
Cash from (used for) operating activities -
continuing operations	$	(13,885)	$	-	$	-	$	66,152	$	(49,336)	$	2,932
Cash from (used for) operating activities -
discontinued operations		(11,879)		-		-		18,644		2,689		9,454
Cash from (used for) operating activities		(25,763)		-		-		84,795		(46,647)		12,385

Cash flows – investing activities
Cash from (used for) investing activities –
continuing operations		26,326		-		-		(120,772)		119,202		24,756
Cash from (used for) investing activities –
discontinued operations		-		-		-		(8,209)		-		(8,209)
Cash from (used for) investing activities		26,326		-		-		(128,981)		119,202		16,547

Cash flows – financing activities
Cash from (used for) financing activities –
continuing operations		(2,388)		-		-		58,236		(72,317)		(16,470)
Cash from (used for) financing activities –
discontinued operations		-		-		-		(2,240)		-		(2,240)
Cash from (used for) financing activities		(2,388)		-		-		55,996		(72,317)		(18,710)
Effect of currency exchange rate changes
on cash and equivalents		-		-		-		(2,887)		-		(2,887)
Increase (decrease) in cash and equivalents		(1,826)		-		-		8,923		238		7,336
Cash and equivalents at beginning of year		4,820		-		-		108,400		(22,203)		91,017
Cash and equivalents at June 30		2,994		-		-		117,324		(21,965)		98,353
Less cash and equivalents of discontinued
operations at June 30		-		-		-		19,992		-		19,992
Cash and equivalents of continuing operations
at June 30	$	2,994	$	-	$	-	$	97,331	$	(21,965)	$	78,360