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STATEMENT OF FINANCIAL POSITION - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and equivalents $ 39,854 $ 48,129
Investment securities (Note 3) 38,696 44,313
Current receivables (Note 4) 25,026 24,076
Inventories (Note 5) 25,848 22,354
Financing receivables – net (Note 6) 12,228 12,242
Other GE Capital receivables 6,107 5,944
Property, plant and equipment – net (Note 7) 54,101 50,518
Receivable from GE Capital 0 0
Investment in GE Capital 0 0
Goodwill (Note 8) 87,068 70,438
Other intangible assets – net (Note 8) 21,435 16,436
Contract assets (Note 9) 29,809 25,162
All other assets 27,576 27,176
Deferred income taxes, assets (Note 13) 1,129 1,833
Assets of businesses held for sale (Note 2) 2,369 1,745
Assets of discontinued operations (Note 2) 6,791 14,815
Total assets [1] 378,038 365,183
Liabilities and equity    
Short-term borrowings (Note 10) 28,127 30,714
Accounts payable, principally trade accounts 14,907 14,435
Progress collections and price adjustments accrued 16,970 16,760
Dividends payable 2,093 2,107
Other GE current liabilities 17,420 17,564
Non-recourse borrowings of consolidated securitization entities (Note 10) 708 417
Long-term borrowings (Note 10) 107,557 105,080
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11) 26,597 26,086
Non-current compensation and benefits 42,423 43,780
All other liabilities 22,191 22,912
Liabilities of businesses held for sale (Note 2) 561 656
Liabilities of discontinued operations (Note 2) 990 4,158
Total Liabilities [1] 280,544 284,668
Redeemable noncontrolling interests (Note 14) 3,441 3,025
Preferred stock (5,944,250 shares outstanding at both September 30, 2017 and December 31, 2016) 6 6
Common stock (8,672,085,000 and 8,742,614,000 shares outstanding at September 30, 2017 and December 31, 2016, respectively) 702 702
Accumulated other comprehensive income (loss) - net attributable to GE    
Investment securities [2] 887 674
Currency translation adjustments [2] (5,092) (6,816)
Cash flow hedges [2] 119 12
Benefit plans [2] (10,436) (12,469)
Other capital 38,423 37,224
Retained earnings 136,696 139,532
Less common stock held in treasury (85,199) (83,038)
Total GE shareowners’ equity 76,105 75,828
Noncontrolling interests (Note 14) [3] 17,947 1,663
Total equity (Note 14) 94,052 77,491
Total liabilities, redeemable noncontrolling interests and equity 378,038 365,183
GE    
Assets    
Cash and equivalents [4] 12,836 10,525
Investment securities (Note 3) [4] 384 137
Current receivables (Note 4) [4] 14,725 12,715
Inventories (Note 5) [4] 25,767 22,263
Financing receivables – net (Note 6) [4] 0 0
Other GE Capital receivables [4] 0 0
Property, plant and equipment – net (Note 7) [4] 23,740 19,103
Receivable from GE Capital [4],[5] 42,593 58,780
Investment in GE Capital [4] 20,856 24,677
Goodwill (Note 8) [4] 84,698 68,070
Other intangible assets – net (Note 8) [4] 21,170 16,131
Contract assets (Note 9) [4] 29,809 25,162
All other assets [4] 14,083 12,007
Deferred income taxes, assets (Note 13) [4] 6,179 6,666
Assets of businesses held for sale (Note 2) [4] 2,220 1,629
Assets of discontinued operations (Note 2) [4] 0 9
Total assets [4] 299,061 277,874
Liabilities and equity    
Short-term borrowings (Note 10) [4],[5] 18,748 20,482
Accounts payable, principally trade accounts [4] 20,574 20,876
Progress collections and price adjustments accrued [4] 17,139 16,838
Dividends payable [4] 2,093 2,107
Other GE current liabilities [4] 17,420 17,564
Non-recourse borrowings of consolidated securitization entities (Note 10) [4] 0 0
Long-term borrowings (Note 10) [4],[5] 65,097 58,810
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11) [4] 0 0
Non-current compensation and benefits [4] 41,447 42,770
All other liabilities [4] 18,688 17,506
Liabilities of businesses held for sale (Note 2) [4] 561 656
Liabilities of discontinued operations (Note 2) [4] 24 35
Total Liabilities [4] 201,791 197,644
Redeemable noncontrolling interests (Note 14) [4] 3,441 3,025
Preferred stock (5,944,250 shares outstanding at both September 30, 2017 and December 31, 2016) [4] 6 6
Common stock (8,672,085,000 and 8,742,614,000 shares outstanding at September 30, 2017 and December 31, 2016, respectively) [4] 702 702
Accumulated other comprehensive income (loss) - net attributable to GE    
Investment securities [4] 887 674
Currency translation adjustments [4] (5,092) (6,816)
Cash flow hedges [4] 119 12
Benefit plans [4] (10,436) (12,469)
Other capital [4] 38,423 37,224
Retained earnings [4] 136,696 139,532
Less common stock held in treasury [4] (85,199) (83,038)
Total GE shareowners’ equity [4] 76,105 75,828
Noncontrolling interests (Note 14) [4] 17,723 1,378
Total equity (Note 14) [4] 93,829 77,205
Total liabilities, redeemable noncontrolling interests and equity [4] 299,061 277,874
Financial Services (GE Capital)    
Assets    
Cash and equivalents 27,019 37,604
Investment securities (Note 3) 38,415 44,180
Current receivables (Note 4) 0 0
Inventories (Note 5) 81 91
Financing receivables – net (Note 6) 24,900 26,041
Other GE Capital receivables 15,654 15,576
Property, plant and equipment – net (Note 7) 31,260 32,225
Receivable from GE Capital [5] 0 0
Investment in GE Capital 0 0
Goodwill (Note 8) 2,370 2,368
Other intangible assets – net (Note 8) 266 305
Contract assets (Note 9) 0 0
All other assets 13,227 14,608
Deferred income taxes, liabilities (Note 13) (5,055) (4,833)
Assets of businesses held for sale (Note 2) 0 0
Assets of discontinued operations (Note 2) 6,791 14,806
Total assets 154,928 182,970
Liabilities and equity    
Short-term borrowings (Note 10) [5] 21,179 23,443
Accounts payable, principally trade accounts 1,883 1,605
Progress collections and price adjustments accrued 0 0
Dividends payable 0 0
Other GE current liabilities 0 0
Non-recourse borrowings of consolidated securitization entities (Note 10) 708 417
Long-term borrowings (Note 10) [5] 75,651 93,443
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11) 27,105 26,546
Non-current compensation and benefits 967 1,001
All other liabilities 5,388 7,430
Liabilities of businesses held for sale (Note 2) 0 0
Liabilities of discontinued operations (Note 2) 966 4,123
Total Liabilities 133,847 158,008
Redeemable noncontrolling interests (Note 14) 0 0
Preferred stock (5,944,250 shares outstanding at both September 30, 2017 and December 31, 2016) 6 6
Common stock (8,672,085,000 and 8,742,614,000 shares outstanding at September 30, 2017 and December 31, 2016, respectively) 0 0
Accumulated other comprehensive income (loss) - net attributable to GE    
Investment securities 895 656
Currency translation adjustments (169) (740)
Cash flow hedges 43 43
Benefit plans (555) (622)
Other capital 12,773 12,669
Retained earnings 7,863 12,664
Less common stock held in treasury 0 0
Total GE shareowners’ equity 20,856 24,677
Noncontrolling interests (Note 14) 224 285
Total equity (Note 14) 21,080 24,962
Total liabilities, redeemable noncontrolling interests and equity $ 154,928 $ 182,970
[1] Our consolidated assets at September 30, 2017 included total assets of $6,018 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets included current receivables and net financing receivables of $1,486 million and investment securities of $965 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at September 30, 2017 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $(708) million within continuing operations. See Note 17.
[2] The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(14,523) million and $(18,598) million at September 30, 2017 and December 31, 2016, respectively.
[3] Included AOCI attributable to noncontrolling interests of $(144) million and $(278) million at September 30, 2017 and December 31, 2016, respectively.
[4] Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[5] In 2015, senior unsecured notes and commercial paper were assumed by GE upon its merger with GE Capital, resulting in an intercompany receivable and payable between GE and GE Capital. See Note 10.