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Condensed Statement of Financial Position (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Cash and equivalents $ 86,979 $ 88,555
Investment securities 45,733 43,981
Current receivables 20,975 21,388
Inventories 18,881 17,325
Financing receivables - net 237,005 241,940
Other GECC receivables 9,009 9,114
Property, plant and equipment - net 67,743 68,827
Investment in GECC 0 0
Goodwill 79,129 77,648
Other intangible assets - net 14,788 14,310
All other assets 70,504 70,808
Assets of businesses held for sale 48 50
Assets of discontinued operations 1,458 2,339
Total assets(b) 652,252 [1] 656,285 [1]
Liabilities and equity    
Short-term borrowings 76,121 77,890
Accounts payable, principally trade accounts 17,206 16,471
Progress collections and price adjustments accrued 12,804 13,125
Dividends payable 2,206 2,220
Other GE current liabilities 13,622 13,381
Non-recourse borrowings of consolidated securitization entities 28,724 30,124
Bank deposits 54,743 53,361
Long-term borrowings 220,992 221,665
Investment contracts, insurance liabilities and insurance annuity benefits 27,019 26,544
All other liabilities 59,147 61,057
Deferred income taxes 381 (275)
Liabilities of businesses held for sale 2 6
Liabilities of discontinued operations 1,266 3,933
Total liabilities(b) 514,233 [1] 519,502 [1]
GECC preferred stock (50,000 shares outstanding at both March 31, 2014 and December 31, 2013) 0 0
Common stock (10,027,765,000 and 10,060,881,000 shares outstanding at March 31, 2014 and December 31, 2013, respectively) 702 702
Accumulated other comprehensive income (loss) - net(c)    
Investment securities 764 [2] 307 [2]
Currency translation adjustments 177 [2] 126 [2]
Cash flow hedges (189) [2] (257) [2]
Benefit plans (8,601) [2] (9,296) [2]
Other capital 32,544 32,494
Retained earnings 149,840 149,051
Less common stock held in treasury (43,401) (42,561)
Total GE shareowners' equity 131,836 130,566
Noncontrolling interests(d) 6,183 [3] 6,217 [3]
Total equity 138,019 136,783
Total liabilities and equity 652,252 656,285
Subsidiaries [Member]
   
Assets    
Cash and equivalents 11,690 [4] 13,682 [4]
Investment securities 286 [4] 323 [4]
Current receivables 11,102 [4] 10,970 [4]
Inventories 18,819 [4] 17,257 [4]
Financing receivables - net 0 [4] 0 [4]
Other GECC receivables 0 [4] 0 [4]
Property, plant and equipment - net 17,624 [4] 17,574 [4]
Investment in GECC 79,637 [4] 77,745 [4]
Goodwill 52,793 [4] 51,453 [4]
Other intangible assets - net 13,518 [4] 13,180 [4]
All other assets 23,940 [4] 23,708 [4]
Assets of businesses held for sale 0 [4] 0 [4]
Assets of discontinued operations 9 [4] 9 [4]
Total assets(b) 229,418 [1],[4] 225,901 [1],[4]
Liabilities and equity    
Short-term borrowings 1,547 [4] 1,841 [4]
Accounts payable, principally trade accounts 15,718 [4] 16,353 [4]
Progress collections and price adjustments accrued 12,817 [4] 13,152 [4]
Dividends payable 2,206 [4] 2,220 [4]
Other GE current liabilities 13,622 [4] 13,381 [4]
Non-recourse borrowings of consolidated securitization entities 0 [4] 0 [4]
Bank deposits 0 [4] 0 [4]
Long-term borrowings 14,469 [4] 11,515 [4]
Investment contracts, insurance liabilities and insurance annuity benefits 0 [4] 0 [4]
All other liabilities 40,841 [4] 40,955 [4]
Deferred income taxes (4,575) [4] (5,061) [4]
Liabilities of businesses held for sale 0 [4] 0 [4]
Liabilities of discontinued operations 144 [4] 143 [4]
Total liabilities(b) 96,789 [1],[4] 94,499 [1],[4]
GECC preferred stock (50,000 shares outstanding at both March 31, 2014 and December 31, 2013) 0 [4] 0 [4]
Common stock (10,027,765,000 and 10,060,881,000 shares outstanding at March 31, 2014 and December 31, 2013, respectively) 702 [4] 702 [4]
Accumulated other comprehensive income (loss) - net(c)    
Investment securities 764 [2],[4] 307 [2],[4]
Currency translation adjustments 177 [2],[4] 126 [2],[4]
Cash flow hedges (189) [2],[4] (257) [2],[4]
Benefit plans (8,601) [2],[4] (9,296) [2],[4]
Other capital 32,544 [4] 32,494 [4]
Retained earnings 149,840 [4] 149,051 [4]
Less common stock held in treasury (43,401) [4] (42,561) [4]
Total GE shareowners' equity 131,836 [4] 130,566 [4]
Noncontrolling interests(d) 793 [3],[4] 836 [3],[4]
Total equity 132,629 [4] 131,402 [4]
Total liabilities and equity 229,418 [4] 225,901 [4]
Subsidiaries GECC [Member]
   
Assets    
Cash and equivalents 75,289 74,873
Investment securities 45,450 43,662
Current receivables 0 0
Inventories 62 68
Financing receivables - net 247,242 253,029
Other GECC receivables 15,643 16,513
Property, plant and equipment - net 50,489 51,607
Investment in GECC 0 0
Goodwill 26,336 26,195
Other intangible assets - net 1,275 1,136
All other assets 47,164 47,366
Assets of businesses held for sale 48 50
Assets of discontinued operations 1,449 2,330
Total assets(b) 510,447 [1] 516,829 [1]
Liabilities and equity    
Short-term borrowings 75,102 77,298
Accounts payable, principally trade accounts 7,740 6,549
Progress collections and price adjustments accrued 0 0
Dividends payable 0 0
Other GE current liabilities 0 0
Non-recourse borrowings of consolidated securitization entities 28,724 30,124
Bank deposits 54,743 53,361
Long-term borrowings 206,654 210,279
Investment contracts, insurance liabilities and insurance annuity benefits 27,604 26,979
All other liabilities 18,773 20,531
Deferred income taxes 4,956 4,786
Liabilities of businesses held for sale 2 6
Liabilities of discontinued operations 1,122 3,790
Total liabilities(b) 425,420 [1] 433,703 [1]
GECC preferred stock (50,000 shares outstanding at both March 31, 2014 and December 31, 2013) 0 0
Common stock (10,027,765,000 and 10,060,881,000 shares outstanding at March 31, 2014 and December 31, 2013, respectively) 0 0
Accumulated other comprehensive income (loss) - net(c)    
Investment securities 793 [2] 309 [2]
Currency translation adjustments (773) [2] (687) [2]
Cash flow hedges (225) [2] (293) [2]
Benefit plans (381) [2] (363) [2]
Other capital 32,563 32,563
Retained earnings 52,610 51,165
Less common stock held in treasury 0 0
Total GE shareowners' equity 84,587 82,694
Noncontrolling interests(d) 440 [3] 432 [3]
Total equity 85,027 83,126
Total liabilities and equity $ 510,447 $ 516,829
[1] Our consolidated assets at March 31, 2014 include total assets of $46,492 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $40,749 million and investment securities of $3,797 million. Our consolidated liabilities at March 31, 2014 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $27,175 million. See Note 16.
[2] The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(7,849) million and $(9,120) million at March 31, 2014 and December 31, 2013, respectively.
[3] Included AOCI attributable to noncontrolling interests of $(180) million at both March 31, 2014 and December 31, 2013.
[4] Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.