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INTERCOMPANY TRANSACTIONS
9 Months Ended
Sep. 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. These 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, including related GE guarantees to GE Capital, 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.
 
Nine months ended September 30, 2017
(In millions)
2017

2016

 
 
 
Cash from (used for) operating activities-continuing operations
 
 
Combined
$
6,103

$
20,245

  GE current receivables sold to GE Capital
1,402

675

  GE Capital dividends to GE
(4,016
)
(16,050
)
  Other reclassifications and eliminations(a)
519

(1,024
)
Total cash from (used for) operating activities-continuing operations
$
4,008

$
3,846

Cash from (used for) investing activities-continuing operations
 
 
Combined
$
752

$
47,548

  GE current receivables sold to GE Capital
(1,653
)
(622
)
  GE debt effected through GE Capital
5,942

5,002

  Other reclassifications and eliminations(a)
(349
)
1,631

Total cash from (used for) investing activities-continuing operations
$
4,692

$
53,559

Cash from (used for) financing activities-continuing operations
 
 
Combined
$
(16,383
)
$
(85,578
)
  GE current receivables sold to GE Capital
251

(54
)
  GE Capital dividends to GE
4,016

16,050

  GE debt effected through GE Capital
(5,942
)
(5,002
)
  Other reclassifications and eliminations(a)
(170
)
(604
)
Total cash from (used for) financing activities-continuing operations
$
(18,228
)
$
(75,188
)

(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.