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SEGMENT OPERATIONS
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
SEGMENT OPERATIONS
SEGMENT OPERATIONS
SUMMARY OF OPERATING SEGMENTS
 
 
 
 
 
 
 
 
 
Three months ended September 30
 
Nine months ended September 30
(In millions)
2017

2016

V%

 
2017

2016

V%

 
 
 
 
 
 
 
 
Revenues
 
 
 
 
 
 
 
Power(a)
$
8,679

$
8,995

(4)
 %
 
$
26,569

$
25,664

4
 %
Renewable Energy
2,905

2,770

5
 %
 
7,406

6,533

13
 %
Oil & Gas
5,365

2,964

81
 %
 
11,475

9,497

21
 %
Aviation
6,816

6,300

8
 %
 
20,153

19,074

6
 %
Healthcare
4,724

4,482

5
 %
 
13,714

13,190

4
 %
Transportation
1,074

1,249

(14)
 %
 
3,185

3,471

(8
)%
Lighting(a)
483

576

(16)
 %
 
1,442

4,239

(66
)%
      Total industrial segment revenues
30,046

27,335

10
 %
 
83,943

81,667

3
 %
Capital
2,397

2,600

(8)
 %
 
7,525

8,256

(9
)%
      Total segment revenues
32,444

29,936

8
 %
 
91,468

89,923

2
 %
Corporate items and eliminations
1,028

(670
)
 
 
(777
)
681

 
Consolidated revenues
$
33,472

$
29,266

14
 %
 
$
90,691

$
90,604

—
 %
 
 
 
 
 
 
 
 
Segment profit (loss)
 
 
 
 
 
 
 
Power(a)
$
611

$
1,259

(51)
 %
 
$
2,526

$
2,924

(14
)%
Renewable Energy
257

202

27
 %
 
524

413

27
 %
Oil & Gas(b)
(36
)
353

U

 
325

981

(67
)%
Aviation
1,680

1,494

12
 %
 
4,856

4,366

11
 %
Healthcare
820

717

14
 %
 
2,289

2,130

7
 %
Transportation
276

309

(11)
 %
 
634

747

(15
)%
Lighting(a)
23

(15
)
F

 
43

196

(78
)%
      Total industrial segment profit
3,630

4,320

(16)
 %
 
11,198

11,756

(5
)%
Capital
24

26

(8
)%
 
(195
)
(1,466
)
87
 %
      Total segment profit (loss)
3,654

4,345

(16
)%
 
11,003

10,290

7
 %
Corporate items and eliminations
(1,095
)
(1,524
)
 
 
(4,687
)
(2,120
)
 
GE interest and other financial charges
(718
)
(483
)
 
 
(1,918
)
(1,490
)
 
GE benefit (provision) for income taxes
64

(241
)
 
 
(297
)
(1,034
)
 
Earnings (loss) from continuing operations attributable
   to GE common shareowners
1,905

2,097

(9)
 %
 
4,101

5,645

(27
)%
Earnings (loss) from discontinued operations, net of taxes
(106
)
(105
)
(1
)%
 
(490
)
(954
)
49
 %
   Less net earnings attributable to
 
 
 
 
 
 
 
      noncontrolling interests, discontinued operations
(1
)
(2
)
 
 
6

2

 
Earnings (loss) from discontinued operations,
 
 
 
 
 
 
 
   net of tax and noncontrolling interest
(105
)
(103
)
(2
)%
 
(497
)
(956
)
48
 %
Consolidated net earnings (loss)
attributable to the GE common shareowners
$
1,800

$
1,994

(10)
 %
 
$
3,604

$
4,689

(23
)%

(a)
Beginning in the third quarter of 2017, the Energy Connections business within the former Energy Connections & Lighting segment was combined with the Power segment and presented as one reporting segment called Power. As a result of this combination, our GE Lighting and Current, powered by GE (Current) businesses are now reported as a separate segment called Lighting.
(b)
Oil & Gas segment operating profit excluding restructuring and other charges was $231 million and $593 million for the three and nine months ended September 30, 2017, respectively.