XML 128 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows - operating activities    
Net earnings (loss) $ 4,881 $ (12,198)
Less net earnings (loss) attributable to noncontrolling interests (283) 229
Net earnings (loss) attributable to the Company 5,164 (12,427)
(Earnings) loss from discontinued operations 954 11,253
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities    
Depreciation and amortization of property, plant and equipment 3,641 3,554
(Earnings) loss from continuing operations retained by GE Capital(b) 0 0
Deferred income taxes 1,244 2,400
Decrease (increase) in GE current receivables 763 909
Decrease (increase) in inventories (2,594) (1,766)
Increase (decrease) in accounts payable (49) 376
Increase (decrease) in GE progress collections 78 (1,265)
All other operating activities (5,356) 2,410
Cash from (used for) operating activities - continuing operations 3,846 5,444
Cash from (used for) operating activities - discontinued operations (5,719) 7,702
Cash from (used for) operating activities (1,873) 13,146
Cash flows - investing activities    
Additions to property, plant and equipment (5,109) (4,807)
Dispositions of property, plant and equipment 3,403 2,406
Net decrease (increase) in GE Capital financing receivables 293 747
Proceeds from sale of discontinued operations 53,250 49,006
Proceeds from principal business dispositions 5,273 754
Net cash from (payments for) principal businesses purchased (930) (1,738)
All other investing activities (2,621) 13,098
Cash from (used for) investing activities - continuing operations 53,559 59,466
Cash from (used for) investing activities - discontinued operations (12,056) 305
Cash from (used for) investing activities 41,503 59,771
Cash flows - financing activities    
Net increase (decrease) in borrowings (maturities of 90 days or less) (1,021) (16,619)
Newly issued debt (maturities longer than 90 days) 1,178 12,994
Repayments and other debt reductions (maturities longer than 90 days) (50,500) (36,207)
Net dispositions (purchases) of GE shares for treasury (17,969) 635
Dividends paid to shareowners (6,611) (6,961)
All other financing activities (266) (1,399)
Cash from (used for) financing activities - continuing operations (75,188) (47,556)
Cash from (used for) financing activities - discontinued operations 295 (2,250)
Cash from (used for) financing activities (74,893) (49,807)
Effect of currency exchange rate changes on cash and equivalents (169) (3,516)
Increase (decrease) in cash and equivalents (35,432) 19,594
Cash and equivalents at beginning of year 90,878 91,016
Cash and equivalents at September 30 55,445 110,610
Less cash and equivalents of discontinued operations at September 30 2,915 26,743
Cash and equivalents of continuing operations at September 30 52,530 83,867
GE    
Cash flows - operating activities    
Net earnings (loss) [1] 4,414 (12,465)
Less net earnings (loss) attributable to noncontrolling interests [1] (275) (38)
Net earnings (loss) attributable to the Company [1] 4,689 (12,427)
(Earnings) loss from discontinued operations [1] 956 11,523
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities    
Depreciation and amortization of property, plant and equipment [1] 1,857 1,777
(Earnings) loss from continuing operations retained by GE Capital(b) [1],[2] 17,518 6,927
Deferred income taxes [1] 81 (407)
Decrease (increase) in GE current receivables [1] 455 588
Decrease (increase) in inventories [1] (2,543) (1,739)
Increase (decrease) in accounts payable [1] (38) 34
Increase (decrease) in GE progress collections [1] 179 (1,278)
All other operating activities [1] (4,812) 1,529
Cash from (used for) operating activities - continuing operations [1] 18,342 6,526
Cash from (used for) operating activities - discontinued operations [1] 0 (11)
Cash from (used for) operating activities [1] 18,342 6,515
Cash flows - investing activities    
Additions to property, plant and equipment [1] (2,804) (2,708)
Dispositions of property, plant and equipment [1] 727 525
Net decrease (increase) in GE Capital financing receivables [1] 0 0
Proceeds from sale of discontinued operations [1] 0 0
Proceeds from principal business dispositions [1] 5,273 222
Net cash from (payments for) principal businesses purchased [1] (930) (61)
All other investing activities [1] (1,915) (1,037)
Cash from (used for) investing activities - continuing operations [1] 350 (3,058)
Cash from (used for) investing activities - discontinued operations [1] 0 10
Cash from (used for) investing activities [1] 351 (3,048)
Cash flows - financing activities    
Net increase (decrease) in borrowings (maturities of 90 days or less) [1] 1,732 716
Newly issued debt (maturities longer than 90 days) [1] 5,180 3,537
Repayments and other debt reductions (maturities longer than 90 days) [1] (755) (153)
Net dispositions (purchases) of GE shares for treasury [1] (17,969) 635
Dividends paid to shareowners [1] (6,427) (6,960)
All other financing activities [1] (143) 132
Cash from (used for) financing activities - continuing operations [1] (18,382) (2,095)
Cash from (used for) financing activities - discontinued operations [1] 0 0
Cash from (used for) financing activities [1] (18,382) (2,095)
Effect of currency exchange rate changes on cash and equivalents [1] (91) (479)
Increase (decrease) in cash and equivalents [1] 219 894
Cash and equivalents at beginning of year 10,372 15,916
Cash and equivalents at September 30 10,591 16,810
Less cash and equivalents of discontinued operations at September 30 0 0
Cash and equivalents of continuing operations at September 30 10,591 16,810
GE Capital    
Cash flows - operating activities    
Net earnings (loss) (1,956) (17,459)
Less net earnings (loss) attributable to noncontrolling interests (8) 267
Net earnings (loss) attributable to the Company (1,948) (17,726)
(Earnings) loss from discontinued operations 954 11,249
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities    
Depreciation and amortization of property, plant and equipment 1,771 1,792
(Earnings) loss from continuing operations retained by GE Capital(b) [2] 0 0
Deferred income taxes 1,164 2,806
Decrease (increase) in GE current receivables 0 0
Decrease (increase) in inventories (15) (9)
Increase (decrease) in accounts payable 12 296
Increase (decrease) in GE progress collections 0 0
All other operating activities (35) 923
Cash from (used for) operating activities - continuing operations 1,903 (669)
Cash from (used for) operating activities - discontinued operations (5,719) 7,713
Cash from (used for) operating activities (3,815) 7,044
Cash flows - investing activities    
Additions to property, plant and equipment (2,719) (2,557)
Dispositions of property, plant and equipment 2,974 2,104
Net decrease (increase) in GE Capital financing receivables 128 1,034
Proceeds from sale of discontinued operations 53,250 49,006
Proceeds from principal business dispositions 0 532
Net cash from (payments for) principal businesses purchased 0 (1,677)
All other investing activities (6,435) 14,137
Cash from (used for) investing activities - continuing operations 47,198 62,580
Cash from (used for) investing activities - discontinued operations (12,056) 295
Cash from (used for) investing activities 35,142 62,875
Cash flows - financing activities    
Net increase (decrease) in borrowings (maturities of 90 days or less) (1,945) (17,354)
Newly issued debt (maturities longer than 90 days) 987 9,457
Repayments and other debt reductions (maturities longer than 90 days) (49,745) (36,054)
Net dispositions (purchases) of GE shares for treasury 0 0
Dividends paid to shareowners (16,234) (611)
All other financing activities (259) (1,369)
Cash from (used for) financing activities - continuing operations (67,196) (45,931)
Cash from (used for) financing activities - discontinued operations 295 (2,250)
Cash from (used for) financing activities (66,900) (48,181)
Effect of currency exchange rate changes on cash and equivalents (78) (3,038)
Increase (decrease) in cash and equivalents (35,652) 18,700
Cash and equivalents at beginning of year 80,506 75,100
Cash and equivalents at September 30 44,854 93,800
Less cash and equivalents of discontinued operations at September 30 2,915 26,743
Cash and equivalents of continuing operations at September 30 $ 41,939 $ 67,057
[1] Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[2] Represents GE Capital earnings /loss from continuing operations attributable to the Company, net of GE Capital dividends paid to GE .