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STATEMENT OF FINANCIAL POSITION - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash, cash equivalents and restricted cash $ 41,431 $ 36,394
Investment securities (Note 3) 47,117 48,521
Current receivables (Note 4) 16,041 16,769
Financing receivables – net (Note 5) 3,095 3,134
Inventories (Note 6) 15,251 14,104
Other GE Capital receivables 7,578 7,144
Property, plant and equipment – net (Note 7) 45,503 46,186
Receivable from GE Capital 0 0
Investment in GE Capital 0 0
Goodwill (Note 8) 24,951 26,734
Other intangible assets – net (Note 8) 10,168 10,653
Contract and other deferred assets (Note 10) 15,555 16,801
All other assets 15,514 16,461
Deferred income taxes (Note 14) 10,665 9,889
Assets of businesses held for sale (Note 2) 0 9,149
Assets of discontinued operations (Note 2) 3,617 4,109
Total assets 256,487 266,048
Liabilities and equity    
Short-term borrowings (Note 11) 9,059 22,072
Short-term borrowings assumed by GE (Note 11) 0 0
Accounts payable, principally trade accounts 13,469 15,926
Progress collections and deferred income (Note 10) 19,927 20,508
Other GE current liabilities 16,535 15,753
Non-recourse borrowings of consolidated securitization entities (Note 11) 396 1,655
Long-term borrowings (Note 11) 72,423 67,155
Long-term borrowings assumed by GE (Note 11) 0 0
Insurance liabilities and annuity benefits (Note 12) 40,954 39,826
Non-current compensation and benefits 30,906 31,687
All other liabilities 17,330 19,745
Liabilities of businesses held for sale (Note 2) 0 1,658
Liabilities of discontinued operations (Note 2) 235 203
Total liabilities 221,233 236,187
Preferred stock (5,939,875 shares outstanding at both June 30, 2020 and December 31, 2019) 6 6
Common stock (8,753,289,000 and 8,738,434,000 shares outstanding at June 30, 2020 and December 31, 2019, respectively) 702 702
Accumulated other comprehensive income (loss) – net attributable to GE (10,194) (11,732)
Other capital 34,292 34,405
Retained earnings 91,188 87,732
Less common stock held in treasury (82,320) (82,797)
Total GE shareholders’ equity 33,674 28,316
Noncontrolling interests 1,579 1,545
Total equity 35,254 29,861
Total liabilities and equity 256,487 266,048
GE Capital    
Assets    
Cash, cash equivalents and restricted cash 16,003 18,781
Investment securities (Note 3) 41,121 38,514
Current receivables (Note 4) 0 0
Financing receivables – net (Note 5) 6,959 6,979
Inventories (Note 6) 0 0
Other GE Capital receivables 10,456 11,767
Property, plant and equipment – net (Note 7) 29,923 29,886
Receivable from GE Capital 0 0
Investment in GE Capital 0 0
Goodwill (Note 8) 0 839
Other intangible assets – net (Note 8) 159 192
Contract and other deferred assets (Note 10) 0 0
All other assets 7,934 8,648
Deferred income taxes (Note 14) 1,900 1,700
Assets of businesses held for sale (Note 2) 0 241
Assets of discontinued operations (Note 2) 3,462 3,907
Total assets 117,918 121,454
Liabilities and equity    
Short-term borrowings (Note 11) 4,601 12,030
Short-term borrowings assumed by GE (Note 11) 3,237 2,104
Accounts payable, principally trade accounts 1,010 886
Progress collections and deferred income (Note 10) 0 0
Other GE current liabilities 0 0
Non-recourse borrowings of consolidated securitization entities (Note 11) 396 1,655
Long-term borrowings (Note 11) 32,025 26,175
Long-term borrowings assumed by GE (Note 11) 17,435 17,038
Insurance liabilities and annuity benefits (Note 12) 41,416 40,232
Non-current compensation and benefits 438 472
All other liabilities 3,532 5,278
Liabilities of businesses held for sale (Note 2) 0 52
Liabilities of discontinued operations (Note 2) 84 97
Total liabilities 104,174 106,016
Preferred stock (5,939,875 shares outstanding at both June 30, 2020 and December 31, 2019) 6 6
Common stock (8,753,289,000 and 8,738,434,000 shares outstanding at June 30, 2020 and December 31, 2019, respectively) 0 0
Accumulated other comprehensive income (loss) – net attributable to GE (906) (852)
Other capital 17,004 17,001
Retained earnings (2,517) (857)
Less common stock held in treasury 0 0
Total GE shareholders’ equity 13,587 15,299
Noncontrolling interests 157 139
Total equity 13,744 15,438
Total liabilities and equity 117,918 121,454
GE    
Assets    
Cash, cash equivalents and restricted cash [1] 25,428 [2] 17,613
Investment securities (Note 3) [1] 5,997 10,008
Current receivables (Note 4) [1] 12,744 13,883
Financing receivables – net (Note 5) [1] 0 0
Inventories (Note 6) [1] 15,251 14,104
Other GE Capital receivables [1] 0 0
Property, plant and equipment – net (Note 7) [1] 16,718 17,447
Receivable from GE Capital [1] 20,672 19,142
Investment in GE Capital [1] 13,587 15,299
Goodwill (Note 8) [1] 24,951 25,895
Other intangible assets – net (Note 8) [1] 10,009 10,461
Contract and other deferred assets (Note 10) [1] 15,587 16,833
All other assets [1] 8,419 8,399
Deferred income taxes (Note 14) [1] 8,765 8,189
Assets of businesses held for sale (Note 2) [1] 0 8,626
Assets of discontinued operations (Note 2) [1] 155 202
Total assets [1] 178,283 186,100
Liabilities and equity    
Short-term borrowings (Note 11) [1] 1,737 5,606
Short-term borrowings assumed by GE (Note 11) [1] 3,679 5,473
Accounts payable, principally trade accounts [1] 13,809 17,702
Progress collections and deferred income (Note 10) [1] 20,091 20,694
Other GE current liabilities [1] 17,300 16,833
Non-recourse borrowings of consolidated securitization entities (Note 11) [1] 0 0
Long-term borrowings (Note 11) [1] 18,679 15,085
Long-term borrowings assumed by GE (Note 11) [1] 21,719 25,895
Insurance liabilities and annuity benefits (Note 12) [1] 0 0
Non-current compensation and benefits [1] 30,460 31,208
All other liabilities [1] 15,562 16,156
Liabilities of businesses held for sale (Note 2) [1] 0 1,620
Liabilities of discontinued operations (Note 2) [1] 151 106
Total liabilities [1] 143,187 156,379
Preferred stock (5,939,875 shares outstanding at both June 30, 2020 and December 31, 2019) [1] 6 6
Common stock (8,753,289,000 and 8,738,434,000 shares outstanding at June 30, 2020 and December 31, 2019, respectively) [1] 702 702
Accumulated other comprehensive income (loss) – net attributable to GE [1] (10,194) (11,732)
Other capital [1] 34,292 34,405
Retained earnings [1] 91,188 87,732
Less common stock held in treasury [1] (82,320) (82,797)
Total GE shareholders’ equity [1] 33,674 28,316
Noncontrolling interests [1] 1,421 1,406
Total equity [1] 35,096 29,721
Total liabilities and equity [1] $ 178,283 $ 186,100
[1] Represents the adding together of all GE Industrial affiliates and GE Capital continuing operations on a one-line basis. See Note 1.
[2] Represents the adding together of all GE Industrial affiliates and the impact of GE Capital dividends on a one-line basis. See Note 1.