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OPERATING SEGMENTS (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
REVENUES
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenues(a)
 
Intersegment revenues(b)
 
External revenues
(In millions)
2017

2016

2015

 
2017

2016

2015

 
2017

2016

2015

 
 
 
 
 
 
 
 
 
 
 
 
Power
$
35,990

$
36,795

$
28,903

 
$
1,392

$
1,330

$
1,574

 
$
34,598

$
35,465

$
27,328

Renewable Energy
10,280

9,033

6,273

 
69

11

12

 
10,211

9,022

6,261

Oil & Gas
17,231

12,898

16,450

 
646

383

387

 
16,584

12,515

16,063

Aviation
27,375

26,261

24,660

 
585

730

418

 
26,790

25,530

24,242

Healthcare
19,116

18,291

17,639

 
18

15

7

 
19,098

18,276

17,633

Transportation
4,178

4,713

5,933

 
10

1

1

 
4,168

4,713

5,932

Lighting(c)
1,987

4,823

8,751

 
31

28

22

 
1,956

4,795

8,729

Total industrial segment revenues
116,157

112,814

108,609

 
2,751

2,498

2,421

 
113,406

110,316

106,188

Capital
9,070

10,905

10,801

 
1,620

1,288

1,151

 
7,451

9,617

9,650

Corporate items
and eliminations
(3,135
)
(26
)
(2,024
)
 
(4,371
)
(3,786
)
(3,572
)
 
1,236

3,760

1,548

Total
$
122,092

$
123,693

$
117,386

 
$
—

$
—

$
—

 
$
122,092

$
123,693

$
117,386

(a)
Revenues of GE businesses include income from sales of goods and services to customers and other income.
(b)
Sales from one component to another generally are priced at equivalent commercial selling prices.
(c)
Lighting segment included Appliances for the year ended December 31, 2015, and through its disposition in the second quarter of 2016
Reconciliation of Profit and Earnings to Consolidated
PROFIT AND EARNINGS
 
 
 
 
 
 
 
(In millions)
2017

2016

2015

 
 
 
 
Power
$
2,786

$
5,091

$
4,772

Renewable Energy
727

576

431

Oil & Gas
220

1,392

2,427

Aviation
6,642

6,115

5,507

Healthcare
3,448

3,161

2,882

Transportation
824

1,064

1,273

Lighting(a)
93

199

674

Total industrial segment profit
14,740

17,598

17,966

Capital
(6,765
)
(1,251
)
(7,983
)
Total segment profit
7,975

16,347

9,983

Corporate items and eliminations
(7,871
)
(4,226
)
(5,108
)
GE interest and other financial charges
(2,753
)
(2,026
)
(1,706
)
GE provision for income taxes
(3,259
)
(967
)
(1,506
)
Earnings (loss) from continuing operations attributable to GE common shareowners
(5,907
)
9,128

1,663

Earnings (loss) from discontinued operations, net of taxes
(309
)
(954
)
(7,495
)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations
6

(1
)
312

Earnings (loss) from discontinued operations, net of taxes and noncontrolling interests
(315
)
(952
)
(7,807
)
Consolidated net earnings (loss) attributable to GE common shareowners
$
(6,222
)
$
8,176

$
(6,145
)
(a)
Lighting segment included Appliances for the year ended December 31, 2015, and through its disposition in the second quarter of 2016.
Disclosure Operating Segment Assets
 
Assets(a)
 
Property, plant and
equipment additions(b)
 
Depreciation and amortization
 
At December 31
 
For the years ended December 31
 
For the years ended December 31
(In millions)
2017

2016

2015

 
2017

2016

2015

 
2017

2016

2015

 
 
 
 
 
 
 
 
 
 
 
 
Power
$
71,133

$
71,678

$
68,793

 
$
1,072

$
963

$
3,195

 
$
1,358

$
1,549

$
1,035

Renewable Energy
10,813

8,794

9,468

 
624

166

999

 
259

183

116

Oil & Gas
59,784

24,615

26,126

 
5,469

284

422

 
1,026

529

596

Aviation
41,753

38,899

34,524

 
1,426

1,328

1,260

 
979

900

855

Healthcare
28,772

28,639

28,162

 
393

432

284

 
806

785

799

Transportation
4,490

4,288

4,368

 
128

108

202

 
135

168

188

Lighting(c)
724

1,659

4,702

 
34

160

275

 
86

173

103

Capital(d)
156,716

187,804

316,069

 
3,680

3,769

7,570

 
2,343

2,515

2,584

Corporate items
and eliminations(e)
3,761

(1,192
)
858

 
(100
)
94

(297
)
 
367

337

231

Total
$
377,945

$
365,183

$
493,071

 
$
12,728

$
7,305

$
13,911

 
$
7,358

$
7,139

$
6,508

(a)
Total assets of Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation and Capital operating segments at December 31, 2017, include investments in and advances to associated companies of $1,170 million, $89 million, $476 million, $1,900 million, $392 million, $56 million and $7,294 million, respectively. Lighting held an insignificant balance as of December 31, 2017. Investments in and advances to associated companies contributed approximately $81 million, $(4) million, $(5) million, $110 million, $17 million, $(1) million, $2 million and $(31) million to segment pre-tax income of Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, Lighting and Capital operating segments, respectively.
(b)
Additions to property, plant and equipment include amounts relating to principal businesses purchased.
(c)
Lighting segment included Appliances for the year ended December 31, 2015.
(d)
Includes Capital discontinued operations.
(e)
Includes deferred income taxes that are presented as assets for purposes of our consolidating balance sheet presentation.
Disclosure of Operating Segment Interest and Financial Charges and Provision for Income Taxes
 
Interest and other financial charges
 
Benefit (provision) for income taxes
(In millions)
2017

2016

2015

 
2017

2016

2015

 
 
 
 
 
 
 
 
Capital
$
3,145

$
3,790

$
2,301

 
$
6,302

$
1,431

$
(4,979
)
Corporate items and eliminations(a)
1,724

1,234

1,162

 
(3,259
)
(967
)
(1,506
)
Total
$
4,869

$
5,025

$
3,463

 
$
3,043

$
464

$
(6,485
)
(a)
Included amounts for Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation and Lighting, for which our measure of segment profit excludes interest and other financial charges and income taxes.