XML 15 R29.htm IDEA: XBRL DOCUMENT v3.20.1
INTERCOMPANY TRANSACTIONS
 3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
INTERCOMPANY TRANSACTIONS
NOTE 20. INTERCOMPANY TRANSACTIONS
Presented below is a walk of intercompany eliminations from the combined GE and GE Capital totals to the consolidated cash flows.
 
Three months ended March 31
(In millions)
2020

2019






Combined GE and GE Capital cash from (used for) operating activities - continuing operations
$
(385
)
$
(557
)
  GE current receivables sold to GE Capital
(997
)
538

  GE long-term receivables sold to GE Capital
135

174

Supply chain finance programs(a)
884

310

  Other reclassifications and eliminations
216

(45
)
Consolidated cash from (used for) operating activities - continuing operations
$
(148
)
$
420

Combined GE and GE Capital cash from (used for) investing activities - continuing operations
$
19,991

$
6,048

  GE current receivables sold to GE Capital
945

(1,306
)
  GE long-term receivables sold to GE Capital
(135
)
(174
)
Supply chain finance programs(a)
(884
)
(310
)
  Other reclassifications and eliminations
(695
)
(562
)
Consolidated cash from (used for) investing activities - continuing operations
$
19,221

$
3,696

Combined GE and GE Capital cash from (used for) financing activities - continuing operations
$
(8,451
)
$
(4,837
)
  GE current receivables sold to GE Capital
52

768

  Other reclassifications and eliminations
480

607

Consolidated cash from (used for) financing activities - continuing operations
$
(7,919
)
$
(3,461
)

(a)
Represents the reduction of the GE liability associated with the funded participation in a supply chain finance program with GE Capital, primarily as a result of GE Capital's sale of the program platform to MUFG Union Bank, N.A. (MUFG) in 2019.

Cash payments received on the Receivable facility deferred purchase price are reflected as Cash from investing activities in the GE Capital and Consolidated columns of our consolidated Statement of Cash Flows. Sales of customer 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 for further information.