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INTERCOMPANY TRANSACTIONS
 6 Months Ended
Jun. 30, 2017
Related Party Transactions [Abstract]  
INTERCOMPANY TRANSACTIONS
INTERCOMPANY TRANSACTIONS

Transactions between related companies are made on an arms-length basis and are reported in the respective GE and GE Capital columns of our financial statements, but are eliminated in deriving our consolidated financial statements. Threse transactions include, but are not limited to, the following:

•
GE Capital dividends to GE,
•
GE Capital working capital solutions to optimize GE cash management,
•
GE Capital enabled GE industrial orders, and
•
Aircraft engines, power equipment, renewable energy equipment and healthcare equipment manufactured by GE that are installed on GE Capital investments, including leased equipment.

In addition to the above transactions that primarily enable growth for the GE businesses, there are routine related party transactions, which include, but are not limited to, the following:

•
Expenses related to parent-subsidiary pension plans,
•
Buildings and equipment leased between GE and GE Capital, including sale-leaseback transactions,
•
Information technology (IT) and other services sold to GE Capital by GE
•
Settlements of tax liabilities, and
•
Various investments, loans and allocations of GE corporate overhead costs.

Presented below is a walk of intercompany eliminations from the combined GE and GE Capital totals to the consolidated cash flows from continuing operations.
 
Six months ended June 30
(In millions)
2017

2016

 
 
 
Cash from (used for) operating activities-continuing operations
 
 
Combined
$
5,549

$
11,207

  GE current receivables sold to GE Capital
1,598

1,313

  GE Capital dividends to GE
(4,016
)
(11,000
)
  Other reclassifications and eliminations(a)
258

494

Total cash from (used for) operating activities-continuing operations
$
3,389

$
2,014

Cash from (used for) investing activities-continuing operations
 
 
Combined
$
3,173

$
39,495

  GE current receivables sold to GE Capital
(1,760
)
(1,643
)
  GE Capital long-term loans to GE
4,075

—

  GE Capital short-term loan to GE
(1,329
)
5,002

  Other reclassifications and eliminations(a)
(76
)
(441
)
Total cash from (used for) investing activities-continuing operations
$
4,083

$
42,414

Cash from (used for) financing activities-continuing operations
 
 
Combined
$
(13,339
)
$
(69,038
)
  GE current receivables sold to GE Capital
162

330

  GE Capital dividends to GE
4,016

11,000

  GE Capital long-term loans to GE
(4,075
)
—

  GE Capital short-term loan to GE
1,329

(5,002
)
  Other reclassifications and eliminations(a)
(182
)
(52
)
Total cash from (used for) financing activities-continuing operations
$
(12,089
)
$
(62,763
)

(a)
Includes eliminations of other cash flows activities including those related to GE Capital enabled GE industrial orders, various investments, loans and allocations of GE corporate overhead costs.