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Supplemental Information
3 Months Ended
Mar. 31, 2017
Supplemental Cash Flows Information [Abstract]  
Cash Flow Supplemental Disclosures [Text Block]

NOTE 21. SUPPLEMENTAL INFORMATION

CASH FLOWS INFORMATION

Amounts reported in the “All other operating activities” line in the Statement of Cash Flows consist primarily of adjustments to current and noncurrent accruals, deferrals of costs and expenses and adjustments to assets. Certain supplemental information related to our cash flows is shown below.

Three months ended March 31
(In millions)20172016
GE
All other operating activities
(Gains) losses on purchases and sales of business interests$(2)$(59)
Contract assets (net)(a)(1,894)(722)
Income taxes(b)(415)(635)
Interest charges(c)198116
Principal pension plans(d)929853
Other(485)(56)
$(1,669)$(502)
Net dispositions (purchases) of GE shares for treasury
   Open market purchases under share repurchase program(e)$(1,888)$(6,412)
   Other purchases-(309)
   Dispositions309394
$(1,578)$(6,326)

(a) Contract assets are presented net of related billings in excess of revenues on our long-term product service agreements. See Note 9.

(b) Reflected the effects of current tax expense (benefit) of $259 million and $(65) million and net cash paid during the year for income taxes of $(674) million and $(570) million for the three months ended March 31, 2017 and 2016, respectively. Cash flows effects of deferred tax provisions (benefits) are shown separately within cash flows from operating activities.

(c) Reflected the effects of interest expense of $564 million and $440 million and cash paid for interest of $(368) million and $(325) million for the three months ended March 31, 2017 and 2016, respectively.

(d) Reflected the effects of pension costs of $983 million and $903 million and employer contributions of $(54) million and $(50) million for the three months ended March 31, 2017 and 2016, respectively. See Note 11.

(e) Included $(2,000) million paid under ASR agreements in the three months ended March 31, 2016.

Summary Of Derivative Instruments [Abstract]  
Derivatives And Fair Value [Text Block]

NOTE 21. SUPPLEMENTAL INFORMATION

DERIVATIVES AND HEDGING

See Note 16 for the primary information related to our derivatives and hedging activity. This section provides certain supplemental information about this topic.

Changes in the fair value of derivatives are recorded in a separate component of equity (referred to below as Accumulated Other Comprehensive Income, or AOCI) and are recorded in earnings in the period in which the hedged transaction occurs. The table below summarizes this activity by hedging instrument.

FAIR VALUE OF DERIVATIVES
March 31, 2017December 31, 2016
(in millions)AssetsLiabilitiesAssetsLiabilities
Derivatives accounted for as hedges
    Interest rate contracts$2,818$161$3,106$210
    Currency exchange contracts108360402624
    Other contracts----
2,9265213,508834
Derivatives not accounted for as hedges
    Interest rate contracts51146220
    Currency exchange contracts1,2443,1641,7784,011
    Other contracts1101711917
1,4063,1951,9584,048
Gross derivatives recognized in statement of
financial position
Gross derivatives4,3323,7175,4674,883
Gross accrued interest330(22)768(24)
4,6623,6956,2344,859
Amounts offset in statement of financial position
Netting adjustments(a)(2,169)(2,165)(3,097)(3,094)
Cash collateral(b)(1,700)(770)(2,025)(1,355)
(3,869)(2,935)(5,121)(4,449)
Net derivatives recognized in statement of
financial position
Net derivatives7937601,113410
Amounts not offset in statement of
financial position
Securities held as collateral(c)(323)-(442)-
Net amount$470$760$671$410

Derivatives are classified in the captions “All other assets” and “All other liabilities” and the related accrued interest is classified in “Other GE Capital receivables” and “All other liabilities” in our Statement of Financial Position.

(a) The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts include fair value adjustments related to our own and counterparty non-performance risk. At March 31, 2017 and December 31, 2016, the cumulative adjustment for non-performance risk was $(3) million and $(3) million, respectively.

(b) Excluded excess cash collateral received and posted of $151 million and $317 million at March 31, 2017, respectively, and $6 million and $177 million at December 31, 2016, respectively.

(c) Excluded excess securities collateral received of $35 million and zero at March 31, 2017 and December 31, 2016, respectively.

CASH FLOW HEDGE ACTIVITY
Gain (loss) reclassified
Gain (loss) recognized in AOCIfrom AOCI into earnings
for the three months ended March 31for the three months ended March 31
(In millions)2017201620172016
Interest rate contracts$(2)$19$(9)$(30)
Currency exchange contracts22(77)8(53)
Commodity contracts21-(2)
Total(a)$22$(57)$(1)$(84)

(a) Gain (loss) is recorded in “GE Capital revenues from services”, “Interest and other financial charges”, and “Other costs and expenses” in our Statement of Earnings when reclassified.

The total pre-tax amount in AOCI related to cash flow hedges of forecasted transactions was a $66 million gain at March 31, 2017. We expect to transfer $40 million loss to earnings as an expense in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. In both the three months ended 2017 and 2016, we recognized insignificant gains and losses related to hedged forecasted transactions and firm commitments that did not occur by the end of the originally specified period. At March 31, 2017 and 2016, the maximum term of derivative instruments that hedge forecasted transactions was 16 years and 17 years, respectively. See Note 13 for additional information about reclassifications out of AOCI.

For cash flow hedges, the amount of ineffectiveness in the hedging relationship and amount of the changes in fair value of the derivatives that are not included in the measurement of ineffectiveness were insignificant for each reporting period.