Exhibit 12(b)

General Electric Company

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

	Years ended December 31
(Dollars in millions)	2010		2009		2008		2007		2006
General Electric Company and consolidated affiliates
Earnings(a)	$	13,747	$	9,799	$	19,770	$	27,473	$	24,057
Plus:
Interest and other financial charges included in expense(b)		15,983		18,309		25,844		23,729		18,877
One-third of rental expense(c)		455		605		476		646		591
Adjusted “earnings”	$	30,185	$	28,713	$	46,090	$	51,848	$	43,525
Fixed charges:
Interest and other financial charges included in expense(b)	$	15,983	$	18,309	$	25,844	$	23,729	$	18,877
Interest capitalized		39		42		73		93		71
One-third of rental expense(c)		455		605		476		646		591
Total fixed charges	$	16,477	$	18,956	$	26,393	$	24,468	$	19,539
Ratio of earnings to fixed charges		1.83		1.51		1.75		2.12		2.23
Preferred stock dividend requirements	$	300	$	300	$	75	$	–	$	–
Ratio of earnings before provision for income taxes to earnings from continuing operations		1.08		0.90		1.06		1.18		1.20
Preferred stock dividend factor on pre-tax basis	$	324	$	270	$	80	$	–	$	–
Fixed charges		16,477		18,956		26,393		24,468		19,539
Total fixed charges and preferred stock dividend requirements	$	16,801	$	19,226	$	26,473	$	24,468	$	19,539
Ratio of earnings to combined fixed charges and preferred stock dividends		1.80		1.49		1.74		2.12		2.23

(a) Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.

(b) Included interest on tax deficiencies.

(c) Considered to be representative of interest factor in rental expense.