GUARANTOR FINANCIAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2018

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Statement of Earnings (Loss) and Comprehensive Income (Loss)

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED MARCH 31, 2018 (UNAUDITED)
(in millions)	Parent Company Guarantor			Subsidiary Issuer		Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenues
Sales of goods and services	$	7,704		$	—	$	—		$	37,980		$	(18,810	)	$	26,874
GE Capital revenues from services	—			208		226			1,557			(205		)	1,786
Total revenues	7,704			208		226			39,538			(19,015		)	28,660
Costs and expenses
Interest and other financial charges	1,380			206		547			1,263			(2,111		)	1,285
Other costs and expenses	8,137			—		—			38,143			(19,113		)	27,168
Total costs and expenses	9,517			206		547			39,407			(21,224		)	28,453
Other income (loss)	275			—		—			(1,873		)	1,804			205
Equity in earnings (loss) of affiliates	2,592			—		620			(159		)	(3,054		)	—
Earnings (loss) from continuing operations before income taxes	1,054			2		299			(1,901		)	959			413
Benefit (provision) for income taxes	(648		)	—		—			600			75			27
Earnings (loss) from continuing operations	406			2		299			(1,301		)	1,034			440
Earnings (loss) from discontinued operations, net of taxes	(1,553		)	—		(17		)	1			16			(1,553		)
Net earnings (loss)	(1,147		)	2		282			(1,300		)	1,050			(1,113		)
Less net earnings (loss) attributable to noncontrolling interests	—			—		—			(5		)	39			34
Net earnings (loss) attributable to the Company	(1,147		)	2		282			(1,294		)	1,011			(1,147		)
Other comprehensive income (loss)	1,542			—		39			878			(917		)	1,542
Comprehensive income (loss) attributable to the Company	$	395		$	2	$	321		$	(416	)	$	94		$	395

CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS)
FOR THE THREE MONTHS ENDED MARCH 31, 2017 (UNAUDITED)
(in millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenues
Sales of goods and services	$	8,792		$	—		$	—		$	36,090		$	(20,265	)	$	24,617
GE Capital revenues from services	—			156			186			2,270			(347		)	2,264
Total revenues	8,792			156			186			38,360			(20,612		)	26,881
Costs and expenses
Interest and other financial charges	910			150			455			1,082			(1,457		)	1,139
Other costs and expenses	9,630			—			13			35,940			(19,591		)	25,992
Total costs and expenses	10,539			150			468			37,022			(21,048		)	27,131
Other income (loss)	54			—			—			4,620			(4,477		)	197
Equity in earnings (loss) of affiliates	1,708			—			242			36,682			(38,632		)	—
Earnings (loss) from continuing operations before income taxes	15			6			(40		)	42,640			(42,673		)	(53		)
Benefit (provision) for income taxes	145			(1		)	115			(469		)	315			105
Earnings (loss) from continuing operations	159			5			74			42,171			(42,358		)	52
Earnings (loss) from discontinued operations, net of taxes	(242		)	—			283			1			(280		)	(239		)
Net earnings (loss)	(83		)	5			357			42,172			(42,638		)	(187		)
Less net earnings (loss) attributable to noncontrolling interests	—			—			—			(48		)	(55		)	(104		)
Net earnings (loss) attributable to the Company	(83		)	5			357			42,220			(42,583		)	(83		)
Other comprehensive income (loss)	1,822			—			617			(1,457		)	840			1,822
Comprehensive income (loss) attributable to the Company	$	1,739		$	5		$	974		$	40,763		$	(41,743	)	$	1,739

Condensed Consolidating Statement of Financial Position

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
MARCH 31, 2018 (UNAUDITED)
(In millions)	Parent Company Guarantor		Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantor Subsidiaries		Consolidating Adjustments			Consolidated
Assets
Cash, cash equivalents and restricted cash	$	18	$	—	$	3	$	32,749	$	(641	)	$	32,129
Investment securities	1		—		—		38,148		(992		)	37,156
Receivables - net	46,397		17,468		32,603		82,863		(139,833		)	39,498
Inventories	4,705		—		—		22,165		(6,297		)	20,574
Property, plant and equipment - net	5,789		—		—		49,614		(1,753		)	53,650
Investment in subsidiaries(a)	283,079		—		78,928		717,025		(1,079,032		)	—
Goodwill and intangible assets	8,483		—		—		91,260		6,387			106,129
All other assets	10,087		16		191		219,939		(166,931		)	63,303
Assets of discontinued operations	—		—		—		—		5,670			5,670
Total assets	$	358,558	$	17,484	$	111,725	$	1,253,765	$	(1,383,423	)	$	358,109
Liabilities and equity
Short-term borrowings	$	167,854	$	—	$	47,485	$	17,468	$	(213,435	)	$	19,371
Accounts payable	16,362		—		—		48,275		(49,577		)	15,060
Other current liabilities	11,662		8		3		34,175		(6,747		)	39,102
Long-term and non-recourse borrowings	64,468		15,916		34,772		54,626		(63,313		)	106,469
All other liabilities	42,247		542		135		65,808		(9,470		)	99,262
Liabilities of discontinued operations	—		—		—		—		2,104			2,104
Total Liabilities	302,593		16,466		82,395		220,351		(340,437		)	281,367
Redeemable noncontrolling interests	—		—		—		2,787		762			3,549
GE shareowners' equity	55,965		1,018		29,330		1,029,234		(1,059,582		)	55,965
Noncontrolling interests	—		—		—		1,394		15,835			17,228
Total equity	55,965		1,018		29,330		1,030,627		(1,043,747		)	73,193
Total liabilities, redeemable noncontrolling interests and equity	$	358,558	$	17,484	$	111,725	$	1,253,765	$	(1,383,423	)	$	358,109

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $9,099 million and net assets of discontinued operations of $3,589 million.

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION
DECEMBER 31, 2017
(In millions)	Parent Company Guarantor		Subsidiary Issuer		Subsidiary Guarantor		Non- Guarantor Subsidiaries		Consolidating Adjustments			Consolidated
Assets
Cash, cash equivalents and restricted cash	$	3,472	$	—	$	3	$	41,236	$	(743	)	$	43,967
Investment securities	1		—		—		39,809		(1,113		)	38,696
Receivables - net	50,923		17,316		32,381		87,776		(147,551		)	40,846
Inventories	4,587		—		—		22,215		(7,383		)	19,419
Property, plant and equipment - net	5,808		—		—		48,516		(450		)	53,874
Investment in subsidiaries(a)	277,929		—		77,488		715,936		(1,071,353		)	—
Goodwill and intangible assets	8,014		—		—		90,226		6,002			104,242
All other assets	30,737		16		32		236,771		(205,269		)	62,288
Assets of discontinued operations	—		—		—		—		5,912			5,912
Total assets	$	381,472	$	17,332	$	109,904	$	1,282,485	$	(1,421,948	)	$	369,245
Liabilities and equity
Short-term borrowings	$	191,807	$	0	$	46,033	$	22,603	$	(236,407	)	$	24,036
Accounts payable	8,126		—		—		77,509		(70,462		)	15,172
Other current liabilities	11,892		8		3		28,218		(34		)	40,088
Long-term and non-recourse borrowings	71,023		16,632		34,730		55,367		(67,197		)	110,556
All other liabilities	42,594		475		128		66,293		(7,694		)	101,797
Liabilities of discontinued operations	—		—		—		—		706			706
Total Liabilities	325,442		17,116		80,894		249,991		(381,088		)	292,355
Redeemable noncontrolling interests	—		—		—		2,627		764			3,391
GE shareowners' equity	56,030		216		29,010		1,028,311		(1,057,537		)	56,030
Noncontrolling interests	—		—		—		1,556		15,912			17,468
Total equity	56,030		216		29,010		1,029,867		(1,041,625		)	73,498
Total liabilities, redeemable noncontrolling interests and equity	$	381,472	$	17,332	$	109,904	$	1,282,485	$	(1,421,948	)	$	369,245

(a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $15,225 million and net assets of discontinued operations of $4,318 million.

Condensed Consolidating Statement of Cash Flows

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2018 (UNAUDITED)
(In millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	$	19,897		$	146		$	(427	)	$	(17,187	)	$	(1,006	)	$	1,423
Cash from (used for) operating activities - discontinued operations	(1,553		)	—			—			1,521			(1		)	(33		)
Cash from (used for) operating activities	18,344			146			(427		)	(15,666		)	(1,007		)	1,390
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	6,242			(75		)	(788		)	(15,541		)	8,591			(1,570		)
Cash from (used for) investing activities – discontinued operations	—			—			—			(74		)	—			(74		)
Cash from (used for) investing activities	6,242			(75		)	(788		)	(15,615		)	8,591			(1,644		)
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(28,041		)	(70		)	1,214			22,479			(7,482		)	(11,899		)
Cash from (used for) financing activities – discontinued operations	—			—			—			—			—			—
Cash from (used for) financing activities	(28,041		)	(70		)	1,214			22,479			(7,482		)	(11,899		)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	—			—			—			208			—			208
Increase (decrease) in cash, cash equivalents and restricted cash	(3,454		)	—			—			(8,593		)	103			(11,945		)
Cash, cash equivalents and restricted cash at beginning of year	3,472			—			3			41,993			(743		)	44,724
Cash, cash equivalents and restricted cash at March 31	18			—			3			33,399			(641		)	32,779
Less cash, cash equivalents and restricted cash of discontinued operations at March 31	—			—			—			650			—			650
Cash, cash equivalents and restricted cash of continuing operations at March 31	$	18		$	—		$	3		$	32,749		$	(641	)	$	32,129

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2017 (UNAUDITED)
(In millions)	Parent Company Guarantor			Subsidiary Issuer			Subsidiary Guarantor			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	$	(9,938	)	$	13		$	627		$	77,587		$	(67,713	)	$	576
Cash from (used for) operating activities - discontinued operations	(242		)	—			—			(418		)	3			(658		)
Cash from (used for) operating activities	(10,180		)	13			627			77,169			(67,710		)	(82		)
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	4,386			(13		)	584			(70,181		)	69,958			4,735
Cash from (used for) investing activities – discontinued operations	—			—			—			(2,026		)	—			(2,026		)
Cash from (used for) investing activities	4,386			(13		)	584			(72,207		)	69,958			2,709
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	3,713			—			(1,212		)	(13,212		)	(1,474		)	(12,185		)
Cash from (used for) financing activities – discontinued operations	—			—			—			1,907			—			1,907
Cash from (used for) financing activities	3,713			—			(1,212		)	(11,305		)	(1,474		)	(10,278		)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	—			—			—			133			—			133
Increase (decrease) in cash, cash equivalents and restricted cash	(2,081		)	—			(1		)	(6,209		)	773			(7,518		)
Cash, cash equivalents and restricted cash at beginning of year	2,729			—			41			49,204			(1,590		)	50,384
Cash, cash equivalents and restricted cash at March 31	647			—			41			42,994			(816		)	42,866
Less cash, cash equivalents and restricted cash of discontinued operations at March 31	—			—			—			824			—			824
Cash, cash equivalents and restricted cash of continuing operations at March 31	$	647		$	—		$	41		$	42,170		$	(816	)	$	42,042