XML 77 R49.htm IDEA: XBRL DOCUMENT v3.8.0.1
CASH FLOWS INFORMATION (Tables)
3 Months Ended
Mar. 31, 2018
Supplemental Cash Flow Information [Abstract]  
Cash Flows Information
Certain supplemental information related to our cash flows is shown below.

GE
 
Three months ended March 31
(In millions)
2018

2017

 
 
 
All other operating activities
 
 
(Gains) losses on purchases and sales of business interests(a)
$
63

$
(13
)
Income taxes(b)
242

(239
)
Principal pension plans(c)
720

929

Other postretirement benefit plans(d)
(423
)
(267
)
Restructuring and other charges(e)
132

365

Other(f)
(1,532
)
(875
)
 
$
(798
)
$
(101
)
All other investing activities
 
 
Derivative settlements (net)(g)
$
(163
)
$

Investments in intangible assets (net)
(584
)
(154
)
Other
26

(23
)
 
$
(721
)
$
(177
)
Net dispositions (purchases) of GE shares for treasury
 
 
Open market purchases under share repurchase program
$
(80
)
$
(1,875
)
Other purchases
(4
)
(13
)
Dispositions
77

309

 
$
(8
)
$
(1,578
)
(a)
Included a pre-tax valuation allowance on businesses classified as held for sale of $49 million in the three months ended March 31, 2018. See Note 2.
(b)
Reflected the effects of current tax expense of $541 million and $435 million and net cash paid during the year for income taxes of $(299) million and $(674) million for the three months ended March 31, 2018 and 2017, respectively. Cash flows effects of deferred tax provisions (benefits) are shown separately within Cash flows from operating activities in the Statement of Cash Flows.
(c)
Reflected the effects of pension costs of $1,065 million and $983 million and employer contributions of $(345) million and $(54) million for the three months ended March 31, 2018 and 2017, respectively. See Note 13.
(d)
Reflected the effects of other postretirement plans costs (income) of $(46) million and $114 million and employer contributions of $(377) million and $(267) million for the three months ended March 31, 2018 and 2017, respectively. See Note 13.
(e)
Reflected the effects of restructuring and other charges of $585 million and $979 million and restructuring and other cash expenditures of $(453) million and $(614) million for the three months ended March 31, 2018 and 2017, respectively. Excludes non-cash adjustments reflected as Depreciation and amortization of property, plant and equipment in the Statement of Cash Flows.
(f)
Included other non-cash adjustments to net income, such as write-downs of assets and the impacts of acquisition accounting and changes in other assets and other liabilities classified as operating activities, such as the timing of payments of employee-related liabilities, contract-related costs and customer allowances.
(g)
Excluded net derivative settlements of $(151) million in the three months ended March 31, 2017. The classification of the settlement of derivative instruments was changed from operating cash flows to investing cash flows in the second half of 2017.