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Supplemental Cost Information
12 Months Ended
Dec. 31, 2013
Supplemental Cost Information [Abstract]  
Supplemental Cost Information

NOTE 19. SUPPLEMENTAL COST INFORMATION

We funded research and development expenditures of $4,750 million in 2013, $4,520 million in 2012 and $4,601 million in 2011. Research and development costs are classified in cost of goods sold in the Statement of Earnings. In addition, research and development funding from customers, principally the U.S. government, totaled $711 million, $680 million and $788 million in 2013, 2012 and 2011, respectively.

Consolidated other costs and expenses totaled $35,143 million, $35,897 million and $36,841 million in 2013, 2012 and 2011, respectively, and comprised selling, general and administrative costs (SG&A), depreciation and amortization and other operating costs. GE's SG&A totaled $16,105 million, $17,671 million and $17,554 million in 2013, 2012 and 2011, respectively. GECC's operating and administrative expenses totaled $12,463 million, $12,023 million and $13,009 million in 2013, 2012 and 2011, respectively, and depreciation and amortization totaled $7,313 million, $6,901 million and $6,918 million in 2013, 2012 and 2011, respectively.

 

Our businesses enter into collaborative arrangements primarily with manufacturers and suppliers of components used to build and maintain certain engines, under which GE and these participants share in risks and rewards of these product programs. Under these arrangements, participation fees earned and recorded as other income totaled $44 million, $36 million and $12 million for the years 2013, 2012 and 2011, respectively. GE's payments to participants are recorded as cost of services sold ($820 million, $594 million and $612 million for the years 2013, 2012 and 2011, respectively) or as cost of goods sold ($2,613 million, $2,507 million and $1,996 million for the years 2013, 2012 and 2011, respectively).

 

Rental expense under operating leases is shown below.

(In millions) 2013  2012  2011
         
GE$ 1,220 $ 1,134 $ 958
GECC  428   539   592
   1,648   1,673   1,550
Eliminations  (135)   (142)   (165)
Total$ 1,513 $ 1,531 $ 1,385

At December 31, 2013, minimum rental commitments under noncancellable operating leases aggregated $3,087 million and $1,427 million for GE and GECC, respectively. Amounts payable over the next five years follow.

(In millions) 2014  2015  2016  2017  2018
               
GE$ 660 $ 581 $ 523 $ 440 $ 354
GECC  253   213   185   153   113
   913   794   708   593   467
Eliminations  (59)   (42)   (34)   (24)   (16)
Total$ 854 $ 752 $ 674 $ 569 $ 451