XML 126 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
OTHER INCOME (Tables)
12 Months Ended
Dec. 31, 2017
Other Income and Expenses [Abstract]  
Schedule of Other Income
(In millions)
2017

2016

2015


 
 
 
GE
 
 
 
Purchases and sales of business interests(a)
$
656

$
3,701

$
1,020

Licensing and royalty income
193

175

168

Associated companies
202

76

45

Net interest and investment income
299

167

65

Other items(b)
86

(27
)
868


1,436

4,092

2,165

Eliminations
189

(87
)
62

Total
$
1,625

$
4,005

$
2,227

(a)
Included a pre-tax gain of $1,943 million on the sale of our Water business, partially offset by a valuation allowance on businesses classified as held for sale of $1,378 million in 2017. Included a pre-tax gain of $3,136 million on the sale of our Appliances business and $398 million on the sale of GE Asset Management in 2016. Included a pre-tax gain of $623 million on the sale of our Signaling business in 2015. See Note 2.
(b)
In 2015, included a $450 million from a settlement related to the NBCU transaction and a $175 million break-up fee from Electrolux. Included net gains on asset sales of $59 million, $101 million and $90 million in 2017, 2016 and 2015, respectively.