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Statement of Financial Position (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and equivalents $ 52,530 $ 70,483
Investment securities (Note 3) 46,369 31,973
Current receivables 25,187 27,022
Inventories (Note 4) 24,116 22,515
Financing receivables - net (Note 5) 11,863 12,052
Other GE Capital Receivables 6,301 6,782
Property, plant and equipment - net (Note 6) 51,453 54,095
Receivables from GE Capital (debt assumption) 0 0
Investment in GE Capital 0 0
Goodwill (Note 7) 69,988 65,526
Other intangible assets - net (Note 7) 16,779 17,797
Contract Assets (Note 8) 24,354 21,156
All other assets 25,749 36,797
Deferred income taxes (Note 11) 1,463 3,105
Assets of businesses held for sale (Note 2) 611 2,818
Assets of discontinued operations (Note 2) 30,930 120,951
Total assets [1] 387,694 493,071
Liabilities and equity    
Short-term borrowings (Note 9) 31,571 49,860
Accounts payable, principally trade accounts 13,067 13,680
Progress collections and price adjustments accrued 15,760 15,776
Dividends payable 2,062 2,167
Other GE current liabilities 20,230 23,597
Non-recourse borrowings of consolidated securitization entities (Note 9) 2,175 3,083
Long-term borrowings (Note 9) 115,686 144,659
Investment contracts, insurance liabilities and insurance annuity benefits 27,126 25,692
Non-current compensation and benefits 40,420 40,487
All other liabilities 23,190 23,611
Liabilities of businesses held for sale (Note 2) 28 861
Liabilities of discontinued operations (Note 2) 9,782 46,487
Total liabilities [1] 301,098 389,961
Redeemable noncontrolling interest (Note 12) 3,051 2,972
Preferred stock value (5,944,250 shares outstanding at September 30, 2016 and December 31, 2015) 6 6
Common stock (8,846,390,000 and 9,379,288,000 shares outstanding at September 30, 2016 and December 31, 2015, respectively) 702 702
Accumulated other comprehensive income (loss) - attributable to GE(b)    
Investment securities [2] 1,176 460
Currency translation adjustments [2] (5,643) (5,499)
Cash flow hedges [2] (21) (80)
Benefit plans [2] (9,934) (11,410)
Other capital 37,209 37,613
Retained earnings 138,236 140,020
Less common stock held in treasury (79,849) (63,539)
Total GE shareowners' equity 81,882 98,274
Noncontrolling interests(c) (Note 12) [3] 1,663 1,864
Total equity (Note 12) 83,544 100,138
Total liabilities, redeemable noncontrolling interests and equity 387,694 493,071
GE    
Assets    
Cash and equivalents [4] 10,591 10,372
Investment securities (Note 3) [4] 257 151
Current receivables [4] 13,384 14,707
Inventories (Note 4) [4] 24,022 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] 19,556 20,145
Receivables from GE Capital (debt assumption) [4] 59,798 84,704
Investment in GE Capital [4] 28,958 46,227
Goodwill (Note 7) [4] 67,618 63,157
Other intangible assets - net (Note 7) [4] 16,448 17,365
Contract Assets (Note 8) [4] 24,354 21,156
All other assets [4] 12,210 12,813
Deferred income taxes (Note 11) [4] 7,434 7,666
Assets of businesses held for sale (Note 2) [4] 611 2,818
Assets of discontinued operations (Note 2) [4] 9 9
Total assets [4] 285,249 323,737
Liabilities and equity    
Short-term borrowings (Note 9) [4],[5] 18,940 19,792
Accounts payable, principally trade accounts [4] 18,494 19,250
Progress collections and price adjustments accrued [4] 15,861 15,776
Dividends payable [4] 2,062 2,167
Other GE current liabilities [4] 20,230 23,595
Non-recourse borrowings of consolidated securitization entities (Note 9) [4] 0 0
Long-term borrowings (Note 9) [4],[5] 65,683 83,309
Investment contracts, insurance liabilities and insurance annuity benefits [4] 0 0
Non-current compensation and benefits [4] 39,370 39,472
All other liabilities [4] 18,246 16,217
Liabilities of businesses held for sale (Note 2) [4] 58 1,409
Liabilities of discontinued operations (Note 2) [4] 128 128
Total liabilities [4] 199,073 221,115
Redeemable noncontrolling interest (Note 12) [4] 3,051 2,972
Preferred stock value (5,944,250 shares outstanding at September 30, 2016 and December 31, 2015) [4] 6 6
Common stock (8,846,390,000 and 9,379,288,000 shares outstanding at September 30, 2016 and December 31, 2015, respectively) [4] 702 702
Accumulated other comprehensive income (loss) - attributable to GE(b)    
Investment securities [4] 1,176 460
Currency translation adjustments [4] (5,643) (5,499)
Cash flow hedges [4] (21) (80)
Benefit plans [4] (9,934) (11,410)
Other capital [4] 37,209 37,613
Retained earnings [4] 138,236 140,020
Less common stock held in treasury [4] (79,849) (63,539)
Total GE shareowners' equity [4] 81,882 98,274
Noncontrolling interests(c) (Note 12) [4] 1,244 1,378
Total equity (Note 12) [4] 83,126 99,651
Total liabilities, redeemable noncontrolling interests and equity [4] 285,249 323,737
GE Capital    
Assets    
Cash and equivalents 41,939 60,111
Investment securities (Note 3) 46,116 31,827
Current receivables 0 0
Inventories (Note 4) 93 66
Financing receivables - net (Note 5) 24,989 25,003
Other GE Capital Receivables 15,201 15,455
Property, plant and equipment - net (Note 6) 32,699 34,781
Receivables from GE Capital (debt assumption) 0 0
Investment in GE Capital 0 0
Goodwill (Note 7) 2,369 2,370
Other intangible assets - net (Note 7) 332 435
Contract Assets (Note 8) 0 0
All other assets 14,058 25,081
Deferred income taxes (Note 11) (5,970) (4,561)
Assets of businesses held for sale (Note 2) 0 0
Assets of discontinued operations (Note 2) 30,921 120,942
Total assets 202,747 311,508
Liabilities and equity    
Short-term borrowings (Note 9) [5] 24,444 48,617
Accounts payable, principally trade accounts 1,844 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) 2,175 3,083
Long-term borrowings (Note 9) [5] 99,828 128,478
Investment contracts, insurance liabilities and insurance annuity benefits 27,642 26,155
Non-current compensation and benefits 1,040 1,006
All other liabilities 6,743 9,351
Liabilities of businesses held for sale (Note 2) 0 0
Liabilities of discontinued operations (Note 2) 9,654 46,359
Total liabilities 173,370 264,795
Redeemable noncontrolling interest (Note 12) 0 0
Preferred stock value (5,944,250 shares outstanding at September 30, 2016 and December 31, 2015) 6 6
Common stock (8,846,390,000 and 9,379,288,000 shares outstanding at September 30, 2016 and December 31, 2015, respectively) 0 0
Accumulated other comprehensive income (loss) - attributable to GE(b)    
Investment securities 1,149 456
Currency translation adjustments (833) (898)
Cash flow hedges (3) (112)
Benefit plans (506) (540)
Other capital 12,635 12,326
Retained earnings 16,510 34,988
Less common stock held in treasury 0 0
Total GE shareowners' equity 28,958 46,227
Noncontrolling interests(c) (Note 12) 419 486
Total equity (Note 12) 29,377 46,713
Total liabilities, redeemable noncontrolling interests and equity $ 202,747 $ 311,508
[1] Our consolidated assets at September 30, 2016 included total assets of $7,962 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 $4,155 million and investment securities of $1,450 million wit hin continuing operations and assets of discontinued operations of $398 million. Our consolidated liabilities at September 30, 2016 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included n o n-recourse borrowings of consolidated securitization entities (CSEs) of $2,175 million within continuing operations. See Note 16.
[2] The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(14,422) million and $(16,529) million at September 30, 2016 and December 31, 2015 , respectively.
[3] Included AOCI attributable to noncontrolling interests of $(254) million and $(264) million at September 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 $ 10,074 million (which includes an offset of $5,002 million short-term loan from GE Cap ital to GE ) and $17,642 million and t he long-term borrowings were $49,723 million and $67,062 million at September 30 , 2016 and December 31, 2015, respectively. See Note 9 for additional information.