Guarantor Financial Information (Tables) - Guarantor

3 Months Ended

Mar. 31, 2017

Schedule Of Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED MARCH 31, 2017 (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	$	8,792	$	-	$	-	$	36,090	$	(19,654)	$	25,228
Other income		54		-		-		4,620		(4,507)		168
Equity in earnings (loss) of affiliates		2,444		-		242		36,682		(39,368)		-
GE Capital revenues from services		-		156		186		2,270		(347)		2,264
Total revenues and other income		11,289		156		428		79,662		(63,875)		27,660

Costs and expenses
Interest and other financial charges		910		150		455		1,082		(1,457)		1,139
Investment contracts, insurance losses and		-		-		-		636		(2)		634
insurance annuity benefits
Other costs and expenses		9,629		-		13		35,305		(19,892)		25,055
Total costs and expenses		10,539		150		468		37,023		(21,351)		26,829
Earnings (loss) from continuing		751		6		(40)		42,640		(42,525)		832
operations before income taxes
Benefit (provision) for income taxes		144		(1)		115		(469)		195		(16)
Earnings (loss) from continuing operations		895		5		74		42,171		(42,330)		816
Earnings (loss) from discontinued
operations, net of taxes		(242)		-		283		1		(280)		(239)
Net earnings (loss)		653		5		357		42,172		(42,610)		577
Less net earnings (loss) attributable to
noncontrolling interests		-		-		-		(48)		(28)		(76)
Net earnings (loss) attributable to
the Company		653		5		357		42,220		(42,582)		653
Other comprehensive income (loss)		1,827		-		617		(1,457)		840		1,827
Comprehensive income (loss) attributable
to the Company	$	2,479	$	5	$	974	$	40,763	$	(41,742)	$	2,479

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED MARCH 31, 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	$	10,013	$	-	$	-	$	33,759	$	(18,458)	$	25,314
Other income		226		-		-		3,441		(3,659)		9
Equity in earnings (loss) of affiliates		908		-		669		13,623		(15,200)		-
GE Capital revenues from services		-		396		297		4,585		(2,756)		2,522
Total revenues and other income		11,146		396		967		55,407		(40,072)		27,845

Costs and expenses
Interest and other financial charges		811		373		931		1,759		(2,137)		1,736
Investment contracts, insurance losses and		-		-		-		672		(30)		642
insurance annuity benefits
Other costs and expenses		10,455		-		36		35,166		(20,429)		25,228
Total costs and expenses		11,266		373		968		37,597		(22,597)		27,606
Earnings (loss) from continuing		(120)		24		(1)		17,811		(17,475)		238
operations before income taxes
Benefit (provision) for income taxes		619		(3)		(3)		(485)		49		177
Earnings (loss) from continuing operations		499		21		(4)		17,325		(17,425)		415
Earnings (loss) from discontinued
operations, net of taxes		(308)		-		(475)		(426)		901		(308)
Net earnings (loss)		191		21		(479)		16,899		(16,524)		107
Less net earnings (loss) attributable to
noncontrolling interests		-		-		-		(26)		(96)		(121)
Net earnings (loss) attributable to
the Company		191		21		(479)		16,925		(16,429)		228
Other comprehensive income (loss)		824		(12)		(182)		268		(74)		824
Comprehensive income (loss) attributable
to the Company	$	1,015	$	9	$	(662)	$	17,193	$	(16,502)	$	1,052

Schedule Of Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
MARCH 31, 2017 (UNAUDITED)

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

Assets
Cash and equivalents	$	628	$	-	$	3	$	41,718	$	(786)	$	41,564
Investment securities		1		-		-		44,414		(2,466)		41,949
Receivables - net		56,401		17,374		30,656		73,347		(138,057)		39,721
Inventories		4,995		-		-		21,820		(4,114)		22,701
Property, plant and equipment - net		5,885		-		-		45,148		(2,017)		49,016
Investment in subsidiaries(a)		277,214		-		80,038		499,436		(856,687)		-
Goodwill and intangible assets		8,238		-		-		46,386		32,204		86,828
All other assets		14,413		44		38		196,989		(151,405)		60,079
Assets of discontinued operations		-		-		-		-		9,786		9,786
Total assets	$	367,777	$	17,419	$	110,734	$	969,258	$	(1,113,544)	$	351,643

Liabilities and equity
Short-term borrowings	$	164,741	$	-	$	45,341	$	23,469	$	(205,226)	$	28,324
Accounts payable		2,335		-		-		48,182		(36,819)		13,698
Other current liabilities		11,920		34		3		23,802		30		35,789
Long-term and non-recourse borrowings		70,390		16,418		34,330		54,840		(75,636)		100,342
All other liabilities		43,857		790		513		54,799		(7,438)		92,522
Liabilities of discontinued operations		-		-		-		-		1,741		1,741
Total Liabilities		293,242		17,242		80,186		205,092		(323,347)		272,416

Redeemable noncontrolling interests		-		-		-		2,282		772		3,054

GE shareowners' equity		74,534		177		30,547		760,205		(790,929)		74,534
Noncontrolling interests		-		-		-		1,678		(39)		1,639
Total equity		74,534		177		30,547		761,883		(790,968)		76,173
Total liabilities, redeemable
noncontrolling interests and equity	$	367,777	$	17,419	$	110,734	$	969,258	$	(1,113,544)	$	351,643

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $27,108 million and net assets of discontinued operations of $4,042 million.

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
DECEMBER 31, 2016

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

Assets
Cash and equivalents	$	2,558	$	-	$	3	$	46,994	$	(1,426)	$	48,129
Investment securities		1		-		-		47,394		(3,082)		44,313
Receivables - net		63,620		17,157		30,470		79,401		(148,385)		42,263
Inventories		4,654		-		-		21,076		(3,377)		22,354
Property, plant and equipment - net		5,768		-		-		46,366		(1,615)		50,518
Investment in subsidiaries(a)		272,685		-		80,481		492,674		(845,840)		-
Goodwill and intangible assets		8,128		-		-		42,074		36,673		86,875
All other assets		14,692		44		39		201,276		(160,134)		55,917
Assets of discontinued operations		-		-		-		-		14,815		14,815
Total assets	$	372,107	$	17,202	$	110,992	$	977,255	$	(1,112,372)	$	365,183

Liabilities and equity
Short-term borrowings	$	167,089	$	1	$	46,432	$	25,919	$	(208,727)	$	30,714
Accounts payable		5,412		-		-		47,366		(38,343)		14,435
Other current liabilities		11,072		33		117		25,095		114		36,431
Long-term and non-recourse borrowings		68,983		16,486		34,389		68,912		(83,273)		105,496
All other liabilities		43,722		511		481		58,376		(9,656)		93,434
Liabilities of discontinued operations		-		-		-		-		4,158		4,158
Total Liabilities		296,279		17,030		81,419		225,667		(335,727)		284,668

Redeemable noncontrolling interests		-		-		-		2,223		802		3,025

GE shareowners' equity		75,828		171		29,573		747,719		(777,463)		75,828
Noncontrolling interests		-		-		-		1,647		16		1,663
Total equity		75,828		171		29,573		749,366		(777,447)		77,491
Total liabilities, redeemable
noncontrolling interests and equity	$	372,107	$	17,202	$	110,992	$	977,255	$	(1,112,372)	$	365,183

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $28,516 million and net assets of discontinued operations of $6,012 million.

Schedule Of Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2017 (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	$	(9,060)	$	13	$	628	$	76,854	$	(67,468)	$	967
Cash from (used for) operating activities -
discontinued operations		(242)		-		-		(419)		3		(658)
Cash from (used for) operating activities		(9,302)		13		628		76,435		(67,465)		309

Cash flows – investing activities
Cash from (used for) investing activities –
continuing operations		3,660		(13)		584		(69,441)		69,730		4,520
Cash from (used for) investing activities –
discontinued operations		-		-		-		(1,871)		-		(1,871)
Cash from (used for) investing activities		3,660		(13)		584		(71,312)		69,730		2,649

Cash flows – financing activities
Cash from (used for) financing activities –
continuing operations		3,713		-		(1,212)		(13,062)		(1,624)		(12,185)
Cash from (used for) financing activities –
discontinued operations		-		-		-		1,907		-		1,907
Cash from (used for) financing activities		3,713		-		(1,212)		(11,155)		(1,624)		(10,278)
Effect of currency exchange rate changes
on cash and equivalents		-		-		-		133		-		133
Increase (decrease) in cash and equivalents		(1,930)		-		-		(5,897)		640		(7,187)
Cash and equivalents at beginning of year		2,558		-		3		48,423		(1,426)		49,558
Cash and equivalents at March 31		628		-		3		42,527		(786)		42,372
Less cash and equivalents of discontinued
operations at March 31		-		-		-		808		-		808
Cash and equivalents of continuing operations
at March 31	$	628	$	-	$	3	$	41,718	$	(786)	$	41,564

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 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	$	(18,151)	$	352	$	(924)	$	(17,005)	$	37,625	$	1,897
Cash from (used for) operating activities -
discontinued operations		(308)		-		682		(1,370)		(256)		(1,252)
Cash from (used for) operating activities		(18,459)		352		(242)		(18,376)		37,369		644

Cash flows – investing activities
Cash from (used for) investing activities –
continuing operations		12,177		(517)		1,192		76,560		(64,741)		24,672
Cash from (used for) investing activities –
discontinued operations		-		-		-		7,112		-		7,112
Cash from (used for) investing activities		12,177		(517)		1,192		83,672		(64,741)		31,783

Cash flows – financing activities
Cash from (used for) financing activities –
continuing operations		4,866		165		(944)		(47,916)		21,823		(22,007)
Cash from (used for) financing activities –
discontinued operations		-		-		-		(112)		-		(112)
Cash from (used for) financing activities		4,866		165		(944)		(48,028)		21,823		(22,119)
Effect of currency exchange rate changes
on cash and equivalents		-		-		-		31		-		31
Increase (decrease) in cash and equivalents		(1,416)		-		6		17,300		(5,550)		10,340
Cash and equivalents at beginning of year		4,137		-		-		107,350		(20,609)		90,878
Cash and equivalents at March 31		2,721		-		6		124,649		(26,158)		101,217
Less cash and equivalents of discontinued
operations at March 31		-		-		-		26,143		-		26,143
Cash and equivalents of continuing operations
at March 31	$	2,721	$	-	$	6	$	98,506	$	(26,158)	$	75,075