XML 18 R3.htm IDEA: XBRL DOCUMENT v3.20.2
STATEMENT OF FINANCIAL POSITION - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash, cash equivalents and restricted cash $ 39,162 $ 36,394
Investment securities (Note 3) 46,881 48,521
Current receivables (Note 4) 17,302 16,769
Financing receivables – net (Note 5) 3,021 3,134
Inventories (Note 6) 14,925 14,104
Other GE Capital receivables 7,389 7,144
Property, plant and equipment – net (Note 7) 44,830 46,186
Receivable from GE Capital 0 0
Investment in GE Capital 0 0
Goodwill (Note 8) 25,278 26,734
Other intangible assets – net (Note 8) 9,909 10,653
Contract and other deferred assets (Note 10) 15,571 16,801
All other assets 15,094 16,461
Deferred income taxes (Note 14) 11,367 9,889
Assets of businesses held for sale (Note 2) 0 9,149
Assets of discontinued operations (Note 2) 3,587 4,109
Total assets 254,315 266,048
Liabilities and equity    
Short-term borrowings (Note 11) 5,977 22,072
Short-term borrowings assumed by GE (Note 11) 0 0
Accounts payable, principally trade accounts 13,941 15,926
Progress collections and deferred income (Note 10) 19,523 20,508
Other GE current liabilities 16,243 15,753
Non-recourse borrowings of consolidated securitization entities (Note 11) 452 1,655
Long-term borrowings (Note 11) 73,034 67,155
Long-term borrowings assumed by GE (Note 11) 0 0
Insurance liabilities and annuity benefits (Note 12) 41,452 39,826
Non-current compensation and benefits 30,809 31,687
All other liabilities 17,802 19,745
Liabilities of businesses held for sale (Note 2) 0 1,658
Liabilities of discontinued operations (Note 2) 288 203
Total liabilities 219,522 236,187
Preferred stock (5,939,875 shares outstanding at both September 30, 2020 and December 31, 2019) 6 6
Common stock (8,759,873,000 and 8,738,434,000 shares outstanding at September 30, 2020 and December 31, 2019, respectively) 702 702
Accumulated other comprehensive income (loss) – net attributable to GE (9,498) (11,732)
Other capital 34,279 34,405
Retained earnings 89,905 87,732
Less common stock held in treasury (82,125) (82,797)
Total GE shareholders’ equity 33,269 28,316
Noncontrolling interests 1,524 1,545
Total equity 34,793 [1] 29,861
Total liabilities and equity $ 254,315 $ 266,048
Preferred stock, shares outstanding 5,939,875 5,939,875
GE Capital    
Assets    
Cash, cash equivalents and restricted cash $ 14,825 $ 18,781
Investment securities (Note 3) 41,705 38,514
Current receivables (Note 4) 0 0
Financing receivables – net (Note 5) 7,425 6,979
Inventories (Note 6) 0 0
Other GE Capital receivables 9,609 11,767
Property, plant and equipment – net (Note 7) 29,567 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) 149 192
Contract and other deferred assets (Note 10) 0 0
All other assets 7,612 8,648
Deferred income taxes (Note 14) 2,035 1,700
Assets of businesses held for sale (Note 2) 0 241
Assets of discontinued operations (Note 2) 3,434 3,907
Total assets 116,362 121,454
Liabilities and equity    
Short-term borrowings (Note 11) 3,417 12,030
Short-term borrowings assumed by GE (Note 11) 1,881 2,104
Accounts payable, principally trade accounts 887 886
Progress collections and deferred income (Note 10) 0 0
Other GE current liabilities 0 0
Non-recourse borrowings of consolidated securitization entities (Note 11) 452 1,655
Long-term borrowings (Note 11) 32,111 26,175
Long-term borrowings assumed by GE (Note 11) 17,526 17,038
Insurance liabilities and annuity benefits (Note 12) 41,876 40,232
Non-current compensation and benefits 418 472
All other liabilities 3,961 5,278
Liabilities of businesses held for sale (Note 2) 0 52
Liabilities of discontinued operations (Note 2) 129 97
Total liabilities 102,658 106,016
Preferred stock (5,939,875 shares outstanding at both September 30, 2020 and December 31, 2019) 6 6
Common stock (8,759,873,000 and 8,738,434,000 shares outstanding at September 30, 2020 and December 31, 2019, respectively) 0 0
Accumulated other comprehensive income (loss) – net attributable to GE (870) (852)
Other capital 17,006 17,001
Retained earnings (2,595) (857)
Less common stock held in treasury 0 0
Total GE shareholders’ equity 13,547 15,299
Noncontrolling interests 157 139
Total equity 13,704 15,438
Total liabilities and equity 116,362 121,454
GE    
Assets    
Cash, cash equivalents and restricted cash [2] 24,337 [3] 17,613
Investment securities (Note 3) [2] 5,176 10,008
Current receivables (Note 4) [2] 13,151 13,883
Financing receivables – net (Note 5) [2] 0 0
Inventories (Note 6) [2] 14,925 14,104
Other GE Capital receivables [2] 0 0
Property, plant and equipment – net (Note 7) [2] 16,363 17,447
Receivable from GE Capital [2] 19,407 19,142
Investment in GE Capital [2] 13,547 15,299
Goodwill (Note 8) [2] 25,278 25,895
Other intangible assets – net (Note 8) [2] 9,759 10,461
Contract and other deferred assets (Note 10) [2] 15,604 16,833
All other assets [2] 8,398 8,399
Deferred income taxes (Note 14) [2] 9,332 8,189
Assets of businesses held for sale (Note 2) [2] 0 8,626
Assets of discontinued operations (Note 2) [2] 153 202
Total assets [2] 175,430 186,100
Liabilities and equity    
Short-term borrowings (Note 11) [2] 1,012 5,606
Short-term borrowings assumed by GE (Note 11) [2] 2,323 5,473
Accounts payable, principally trade accounts [2] 13,984 17,702
Progress collections and deferred income (Note 10) [2] 19,683 20,694
Other GE current liabilities [2] 16,931 16,833
Non-recourse borrowings of consolidated securitization entities (Note 11) [2] 0 0
Long-term borrowings (Note 11) [2] 19,113 15,085
Long-term borrowings assumed by GE (Note 11) [2] 21,811 25,895
Insurance liabilities and annuity benefits (Note 12) [2] 0 0
Non-current compensation and benefits [2] 30,384 31,208
All other liabilities [2] 15,396 16,156
Liabilities of businesses held for sale (Note 2) [2] 0 1,620
Liabilities of discontinued operations (Note 2) [2] 159 106
Total liabilities [2] 140,795 156,379
Preferred stock (5,939,875 shares outstanding at both September 30, 2020 and December 31, 2019) [2] 6 6
Common stock (8,759,873,000 and 8,738,434,000 shares outstanding at September 30, 2020 and December 31, 2019, respectively) [2] 702 702
Accumulated other comprehensive income (loss) – net attributable to GE [2] (9,498) (11,732)
Other capital [2] 34,279 34,405
Retained earnings [2] 89,905 87,732
Less common stock held in treasury [2] (82,125) (82,797)
Total GE shareholders’ equity [2] 33,269 28,316
Noncontrolling interests [2] 1,366 1,406
Total equity [2] 34,635 29,721
Total liabilities and equity [2] $ 175,430 $ 186,100
Preferred stock, shares outstanding 5,939,875 5,939,875
[1] Total equity balance increased by $5,639 in the last twelve months from September 30, 2019, primarily due to after-tax gain of $11,214 million due to the sale of our BioPharma business within our Healthcare segment, partially offset by after-tax change in unrealized loss on our remaining interest in Baker Hughes $(3,679) million in the nine months ended September 30, 2020. See Notes 2 and 21 for further information.
[2] Represents the adding together of all GE Industrial affiliates and GE Capital continuing operations on a one-line basis. See Note 1.
[3] Represents the adding together of all GE Industrial affiliates and the impact of GE Capital dividends on a one-line basis. See Note 1.