XML 56 R45.htm IDEA: XBRL DOCUMENT v3.20.2
EARNINGS PER SHARE INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
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.