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Statement of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and equivalents $ 52,123 $ 70,483
Investment securities (Note 3) 39,720 31,973
Current receivables 25,128 27,022
Inventories (Note 4) 24,723 22,515
Financing receivables - net (Note 5) 12,001 12,052
Other GE Capital Receivables 6,684 6,782
Property, plant and equipment - net (Note 6) 50,436 54,095
Receivables from GE Capital (debt assumption) 0 0
Investment in GE Capital 0 0
Goodwill (Note 7) 67,097 65,526
Other intangible assets - net (Note 7) 16,650 17,797
Contract Assets (Note 8) 23,458 21,156
All other assets 31,274 36,797
Deferred income taxes (Note 11) 2,242 3,105
Assets of businesses held for sale (Note 2) 59 2,818
Assets of discontinued operations (Note 2) 49,865 120,951
Total assets [1] 401,461 493,071
Liabilities and equity    
Short-term borrowings (Note 9) 31,927 49,860
Accounts payable, principally trade accounts 13,115 13,680
Progress collections and price adjustments accrued 16,218 15,776
Dividends payable 2,105 2,167
Other GE current liabilities 20,420 23,597
Non-recourse borrowings of consolidated securitization entities (Note 9) 2,005 3,083
Long-term borrowings (Note 9) 122,504 144,659
Investment contracts, insurance liabilities and insurance annuity benefits 27,056 25,692
Non-current compensation and benefits 40,445 40,487
All other liabilities 21,475 23,611
Liabilities of businesses held for sale (Note 2) 56 861
Liabilities of discontinued operations (Note 2) 14,384 46,487
Total liabilities(a) [1] 311,708 389,961
Redeemable noncontrolling interest (Note 12) 3,070 2,972
Preferred stock value (5,944,250 shares outstanding at June 30, 2016 and December 31, 2015) 6 6
Common stock (8,961,233,000 and 9,279,288,000 shares outstanding at June 30, 2016 and December 31, 2015, respectively) 702 702
Accumulated other comprehensive income (loss) - attributable to GE(b)    
Investment securities [2] 1,077 460
Currency translation adjustments [2] (5,448) (5,499)
Cash flow hedges [2] (51) (80)
Benefit plans [2] (10,476) (11,410)
Other capital 36,995 37,613
Retained earnings 138,310 140,020
Less common stock held in treasury (76,124) (63,539)
Total GE shareowners' equity 84,991 98,274
Noncontrolling interests(c) (Note 12) [3] 1,693 1,864
Total equity (Note 12) 86,684 100,138
Total liabilities, redeemable noncontrolling interests and equity 401,461 493,071
GE    
Assets    
Cash and equivalents [4] 9,931 10,372
Investment securities (Note 3) [4] 110 151
Current receivables [4] 13,992 14,707
Inventories (Note 4) [4] 24,652 22,449
Financing receivables - net (Note 5) [4] 0 0
Other GE Capital Receivables [4] 0 0
Property, plant and equipment - net (Note 6) [4] 19,540 20,145
Receivables from GE Capital (debt assumption) [4] 65,186 84,704
Investment in GE Capital [4] 33,837 46,227
Goodwill (Note 7) [4] 64,727 63,157
Other intangible assets - net (Note 7) [4] 16,294 17,365
Contract Assets (Note 8) [4] 23,458 21,156
All other assets [4] 12,569 12,813
Deferred income taxes (Note 11) [4] 7,451 7,666
Assets of businesses held for sale (Note 2) [4] 59 2,818
Assets of discontinued operations (Note 2) [4] 9 9
Total assets [4] 291,814 323,737
Liabilities and equity    
Short-term borrowings (Note 9) [4],[5] 19,384 19,792
Accounts payable, principally trade accounts [4] 18,103 19,250
Progress collections and price adjustments accrued [4] 16,218 15,776
Dividends payable [4] 2,105 2,167
Other GE current liabilities [4] 20,420 23,595
Non-recourse borrowings of consolidated securitization entities (Note 9) [4] 0 0
Long-term borrowings (Note 9) [4],[5] 70,134 83,309
Investment contracts, insurance liabilities and insurance annuity benefits [4] 0 0
Non-current compensation and benefits [4] 39,450 39,472
All other liabilities [4] 16,514 16,217
Liabilities of businesses held for sale (Note 2) [4] 56 1,409
Liabilities of discontinued operations (Note 2) [4] 129 128
Total liabilities(a) [4] 202,511 221,115
Redeemable noncontrolling interest (Note 12) [4] 3,070 2,972
Preferred stock value (5,944,250 shares outstanding at June 30, 2016 and December 31, 2015) [4] 6 6
Common stock (8,961,233,000 and 9,279,288,000 shares outstanding at June 30, 2016 and December 31, 2015, respectively) [4] 702 702
Accumulated other comprehensive income (loss) - attributable to GE(b)    
Investment securities [4] 1,077 460
Currency translation adjustments [4] (5,448) (5,499)
Cash flow hedges [4] (51) (80)
Benefit plans [4] (10,476) (11,410)
Other capital [4] 36,995 37,613
Retained earnings [4] 138,310 140,020
Less common stock held in treasury [4] (76,124) (63,539)
Total GE shareowners' equity [4] 84,991 98,274
Noncontrolling interests(c) (Note 12) [4] 1,242 1,378
Total equity (Note 12) [4] 86,233 99,651
Total liabilities, redeemable noncontrolling interests and equity [4] 291,814 323,737
GE Capital    
Assets    
Cash and equivalents 42,192 60,111
Investment securities (Note 3) 39,615 31,827
Current receivables 0 0
Inventories (Note 4) 71 66
Financing receivables - net (Note 5) 23,998 25,003
Other GE Capital Receivables 14,544 15,455
Property, plant and equipment - net (Note 6) 31,628 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) 356 435
Contract Assets (Note 8) 0 0
All other assets 19,930 25,081
Deferred income taxes (Note 11) (5,208) (4,561)
Assets of businesses held for sale (Note 2) 0 0
Assets of discontinued operations (Note 2) 49,856 120,942
Total assets 219,352 311,508
Liabilities and equity    
Short-term borrowings (Note 9) [5] 24,683 48,617
Accounts payable, principally trade accounts 1,853 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) 2,005 3,083
Long-term borrowings (Note 9) [5] 106,636 128,478
Investment contracts, insurance liabilities and insurance annuity benefits 27,619 26,155
Non-current compensation and benefits 985 1,006
All other liabilities 7,028 9,351
Liabilities of businesses held for sale (Note 2) 0 0
Liabilities of discontinued operations (Note 2) 14,255 46,359
Total liabilities(a) 185,064 264,795
Redeemable noncontrolling interest (Note 12) 0 0
Preferred stock value (5,944,250 shares outstanding at June 30, 2016 and December 31, 2015) 6 6
Common stock (8,961,233,000 and 9,279,288,000 shares outstanding at June 30, 2016 and December 31, 2015, respectively) 0 0
Accumulated other comprehensive income (loss) - attributable to GE(b)    
Investment securities 1,077 456
Currency translation adjustments (923) (898)
Cash flow hedges (37) (112)
Benefit plans (530) (540)
Other capital 12,602 12,326
Retained earnings 21,642 34,988
Less common stock held in treasury 0 0
Total GE shareowners' equity 33,837 46,227
Noncontrolling interests(c) (Note 12) 451 486
Total equity (Note 12) 34,288 46,713
Total liabilities, redeemable noncontrolling interests and equity $ 219,352 $ 311,508
[1] (a) O ur consolidated assets at June 30, 2016 included total assets of $7,651 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 $4,368 million and investment securities of $1,516 million w ithin continuing operations and assets of discontinued operations of $464 million. Our consolidated liabilities at June 30, 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 $2,005 million within continuing operations and non-recourse borrowings of CSEs within discontinued operations of $40 million. See Note 16.
[2] (b) The sum of accu mulated other comprehensive income (loss) (AOCI) attributable to the Company was $(14,898) million and $(16,529) million at June 30, 2016 and December 31, 2015 , respectively.
[3] (c) Included AOCI attributable to noncontrolling interests of $(259) mi llion and $(264) million at June 30, 2016 and December 31, 2015 , respectively.
[4] Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[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 $ 11,040 million (which includes an offset of $5,002 million short-term loan from GE Capital to GE ) and $17,642 million and t he long-term borrowings were $54,146 million and $67,062 million at June 30 , 2016 and December 31, 2015, respectively. See Note 9 for additional information.