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INTERCOMPANY TRANSACTIONS
3 Months Ended
Mar. 31, 2019
Related Party Transactions [Abstract]  
INTERCOMPANY TRANSACTIONS
NOTE 21. INTERCOMPANY TRANSACTIONS
Transactions between related companies are made on arm's length terms and are reported in the GE and GE Capital columns of our financial statements, which we believe provide useful supplemental information to our consolidated financial statements. These transactions are eliminated in consolidation and may include, but are not limited to, the following:
GE Capital working capital services to GE, including current receivables and supply chain finance programs,
GE Capital enabled GE industrial orders, including related GE guarantees to GE Capital,
GE Capital financing of GE long-term receivables, and
Aircraft engines, power equipment and renewable energy equipment manufactured by GE that are installed on GE Capital investments, including leased equipment.

In addition to the above transactions that primarily enable growth for the GE businesses, there are routine related party transactions, which include, but are not limited to, the following:
Expenses related to parent-subsidiary pension plans,
Buildings and equipment leased between GE and GE Capital, including sale-leaseback transactions,
Information technology (IT) and other services sold to GE Capital by GE
Settlements of tax liabilities, and
Various investments, loans and allocations of GE corporate overhead costs.

Presented below is a walk of intercompany eliminations from the unconsolidated GE and GE Capital totals to the consolidated cash flows.
 
Three months ended March 31
(In millions)
2019

2018






Cash from (used for) operating activities - continuing operations




Combined
$
(834
)
$
(578
)
  GE current receivables sold to GE Capital(a)
537

788

  GE long-term receivables sold to GE Capital
174

108

  Other reclassifications and eliminations(b)
280

(1
)
Total cash from (used for) operating activities - continuing operations
$
157

$
317

Cash from (used for) investing activities - continuing operations


Combined
$
5,756

$
1,062

  GE current receivables sold to GE Capital(a)
(1,306
)
(1,344
)
  GE long-term receivables sold to GE Capital
(174
)
(108
)
  GE Capital long-term loan to GE

285

  Other reclassifications and eliminations(b)
(886
)
(374
)
Total cash from (used for) investing activities - continuing operations
$
3,390

$
(479
)
Cash from (used for) financing activities - continuing operations


Combined
$
(4,941
)
$
(12,536
)
  GE current receivables sold to GE Capital(a)
769

556

  GE Capital long-term loan to GE

(285
)
  Other reclassifications and eliminations(b)
607

375

Total cash from (used for) financing activities - continuing operations
$
(3,565
)
$
(11,890
)

(a)
Excludes $61 million and $1,120 million related to cash payments received on the Receivable facility DPP in the three months ended March 31, 2019 and 2018 respectively, which are reflected as Cash from investing activities in the GE Capital and the consolidated GE Company columns of our Statement of Cash Flows. Sales of current receivables from GE to GE Capital are classified as Cash from operating activities in the GE column of our Statement of Cash Flows. See Note 4.
(b)
Includes eliminations of other cash flows activities, including financing of supply chain finance programs of $323 million and $305 million in the three months ended March 31, 2019 and 2018 respectively, and various investments, loans and allocations of GE corporate overhead costs.