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EARNINGS PER SHARE INFORMATION
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE INFORMATION
NOTE 16. EARNINGS PER SHARE INFORMATION
Three months ended June 30
2020
 
2019
(Earnings for per-share calculation, in millions; per-share amounts in dollars)
Diluted

Basic

 
Diluted

Basic

Earnings from continuing operations
$
(1,995
)
$
(1,995
)
 
$
(114
)
$
(114
)
Preferred stock dividends
(192
)
(192
)
 
(188
)
(188
)
Accretion of redeemable noncontrolling interests, net of tax(a)
(135
)
(135
)
 
—

—

Earnings from continuing operations attributable to common shareholders
(2,322
)
(2,322
)
 
(302
)
(302
)
Earnings (loss) from discontinued operations
7

7

 
241

241

Net earnings (loss) attributable to GE common shareholders
$
(2,314
)
$
(2,314
)
 
$
(61
)
$
(61
)
 
 
 
 
 
 
Shares of GE common stock outstanding
8,750

8,750

 
8,724

8,724

Employee compensation-related shares (including stock options)
—

—

 
—

—

Total average equivalent shares
8,750

8,750

 
8,724

8,724

 
 
 
 
 
 
Earnings per share from continuing operations
$
(0.27
)
$
(0.27
)
 
$
(0.03
)
$
(0.03
)
Earnings (loss) per share from discontinued operations
—

—

 
0.03

0.03

Net earnings (loss) per share
(0.26
)
(0.26
)
 
(0.01
)
(0.01
)
 
 
 
 
 
 
Potentially dilutive securities(b)
459

 
 
486

 
 
 
 
 
 
 
Six months ended June 30
2020
 
2019
(Earnings for per-share calculation; in millions; per-share amounts in dollars)
Diluted

Basic

 
Diluted

Basic

Earnings from continuing operations
$
4,370

$
4,370

 
$
828

$
843

Preferred stock dividends
(235
)
(235
)
 
(228
)
(228
)
Accretion of redeemable noncontrolling interests, net of tax(a)
$
(135
)
$
(135
)
 
—

—

Earnings from continuing operations attributable to common shareholders
$
4,000

$
4,000

 
$
600

$
616

Earnings (loss) from discontinued operations
(168
)
(168
)
 
2,845

2,861

Net earnings attributable to GE common shareholders
$
3,832

$
3,832

 
$
3,461

$
3,476

 
 
 
 
 
 
Shares of GE common stock outstanding
8,746

8,746

 
8,716

8,716

Employee compensation-related shares (including stock options)
6

—

 
13

—

Total average equivalent shares
8,752

8,746

 
8,730

8,716

 
 
 
 
 
 
Earnings from continuing operations
$
0.46

$
0.46

 
$
0.07

$
0.07

Loss from discontinued operations
(0.02
)
(0.02
)
 
0.33

0.33

Net earnings
0.44

0.44

 
0.40

0.40

 
 
 
 
 
 
Potentially dilutive securities(b)
440

 
 
468

 
(a) Represents accretion adjustment of redeemable noncontrolling interests in our Additive business within our Aviation segment.
(b) Outstanding stock awards not included in the computation of diluted earnings per share because their effect was antidilutive.

Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities, and, therefore, are included in the computation of earnings per share pursuant to the two-class method. For the three months ended June 30, 2020 and 2019, as a result of the loss from continuing operations, losses were not allocated to the participating securities. For the six months ended June 30, 2020 and 2019, application of this treatment had an insignificant effect.