2012 Q4 Form 10-K Financial Statement

#000004054513000036 Filed on February 26, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2012 Q2
Revenue $11.77B $36.25B $36.40B
YoY Change 1.67% 201.74% 192.58%
Cost Of Revenue $21.37B $4.090B $4.402B
YoY Change 22.9% 14.12% -1.41%
Gross Profit $8.240B $6.025B $5.800B
YoY Change -9.4% -5.51% 5.69%
Gross Profit Margin 70.01% 16.62% 15.94%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.493B $2.193B $2.230B
YoY Change 22.09% -6.68% -3.13%
% of Gross Profit 30.25% 36.4% 38.45%
Operating Expenses $12.10B $10.75B $9.809B
YoY Change -5.74% -3.22% -0.92%
Operating Profit -$3.858B $5.239B $5.872B
YoY Change 3.16% 10.85% 14.67%
Interest Expense -$252.0M -$174.0M -$223.0M
YoY Change -92.2% -95.34% -94.08%
% of Operating Profit -3.32% -3.8%
Other Income/Expense, Net $826.0M $787.0M $393.0M
YoY Change 41.55% -37.02%
Pretax Income $5.236B $4.024B $4.187B
YoY Change 15.84% 6.82% -7.69%
Income Tax $816.0M $557.0M $496.0M
% Of Pretax Income 15.58% 13.84% 11.85%
Net Earnings $4.011B $3.491B $3.105B
YoY Change 7.53% 8.28% -17.51%
Net Earnings / Revenue 34.08% 9.63% 8.53%
Basic Earnings Per Share $0.38 $0.33 $0.29
Diluted Earnings Per Share $0.38 $0.33 $0.29
COMMON SHARES
Basic Shares Outstanding 10.52B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q4 2012 Q3 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $77.27B $85.46B $74.30B
YoY Change -8.56% -6.47% -18.4%
Cash & Equivalents $77.27B $85.46B $74.30B
Short-Term Investments
Other Short-Term Assets $101.6B
YoY Change
Inventory $15.37B $16.02B $15.44B
Prepaid Expenses
Receivables $19.90B $19.35B $19.30B
Other Receivables $0.00 $270.2B $272.5B
Total Short-Term Assets $214.2B $391.0B $381.6B
YoY Change -47.28% -6.76% -10.38%
LONG-TERM ASSETS
Property, Plant & Equipment $68.63B $67.39B $66.66B
YoY Change 4.4% 1.96% -3.18%
Goodwill $58.76B $73.16B $72.40B
YoY Change -18.72% -0.18% 2.64%
Intangibles $11.98B $11.71B $11.74B
YoY Change -0.73% -5.82% -0.51%
Long-Term Investments $48.51B $48.72B $47.93B
YoY Change 2.4% 4.87% 5.71%
Other Assets $3.472B $106.9B $113.8B
YoY Change -96.96% -10.96% -2.6%
Total Long-Term Assets $470.8B $307.8B $312.5B
YoY Change 51.02% -3.28% -0.26%
TOTAL ASSETS
Total Short-Term Assets $214.2B $391.0B $381.6B
Total Long-Term Assets $470.8B $307.8B $312.5B
Total Assets $685.0B $698.9B $694.1B
YoY Change -4.6% -5.26% -6.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.65B $15.85B $16.72B
YoY Change -4.55% -1.85% 6.05%
Accrued Expenses $14.90B $15.25B $14.97B
YoY Change 0.67% -23.74% -10.5%
Deferred Revenue
YoY Change
Short-Term Debt $101.4B $120.4B $126.3B
YoY Change -26.32% -5.41% 2.29%
Long-Term Debt Due $101.4B $120.4B $126.3B
YoY Change -26.32% -5.41% 2.29%
Total Short-Term Liabilities $241.2B $258.3B $265.1B
YoY Change -14.57% -3.1% 2.62%
LONG-TERM LIABILITIES
Long-Term Debt $312.4B $311.0B $302.5B
YoY Change -1.08% -8.2% -13.21%
Other Long-Term Liabilities $2.890B $2.053B $2.223B
YoY Change 46.4% -42.49% -15.95%
Total Long-Term Liabilities $315.3B $313.1B $304.7B
YoY Change -0.79% -8.55% -13.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $241.2B $258.3B $265.1B
Total Long-Term Liabilities $315.3B $313.1B $304.7B
Total Liabilities $556.5B $570.9B $570.2B
YoY Change -7.25% -6.56% -6.33%
SHAREHOLDERS EQUITY
Retained Earnings $144.1B $142.0B $140.3B
YoY Change 4.55% 4.54% 3.87%
Common Stock $702.0M $702.0M $702.0M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $34.57B $32.97B $31.68B
YoY Change -208.82% 2.2% -0.59%
Treasury Stock Shares -1.288B shares
Shareholders Equity $123.0B $122.6B $120.1B
YoY Change
Total Liabilities & Shareholders Equity $685.0B $698.9B $694.1B
YoY Change -4.62% -5.26% -6.09%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2012 Q2
OPERATING ACTIVITIES
Net Income $4.011B $3.491B $3.105B
YoY Change 7.53% 8.28% -17.51%
Depreciation, Depletion And Amortization $2.493B $2.193B $2.230B
YoY Change 22.09% -6.68% -3.13%
Cash From Operating Activities $11.25B $5.861B $7.751B
YoY Change 23.17% -35.47% 4.12%
INVESTING ACTIVITIES
Capital Expenditures -$4.619B -$3.202B -$4.012B
YoY Change 28.81% 27.42% 19.09%
Acquisitions
YoY Change
Other Investing Activities $3.386B $11.10B $3.331B
YoY Change 222.17% 167.06% -51.43%
Cash From Investing Activities -$1.233B $7.897B -$681.0M
YoY Change -51.36% 380.65% -119.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.17B -4.175B -15.13B
YoY Change 56.93% -53.71% 309.53%
NET CHANGE
Cash From Operating Activities 11.25B 5.861B 7.751B
Cash From Investing Activities -1.233B 7.897B -681.0M
Cash From Financing Activities -18.17B -4.175B -15.13B
Net Change In Cash -8.148B 9.583B -8.062B
YoY Change 63.75% 461.72% -211.38%
FREE CASH FLOW
Cash From Operating Activities $11.25B $5.861B $7.751B
Capital Expenditures -$4.619B -$3.202B -$4.012B
Free Cash Flow $15.87B $9.063B $11.76B
YoY Change 24.76% -21.84% 8.79%

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CY2012 ge Percentage Of Voting Interest For Which Company Would Determine That They Have Controlling Financial Interest
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CY2012 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
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Losses on Financing Receivables Losses on financing receivables are recognized when they are incurred, which requires us to make our best estimate of probable losses inherent in the portfolio. The method for calculating the best estimate of losses depends on the size, type and risk characteristics of the related financing receivable. Such an estimate requires consideration of historical loss experience, adjusted for current conditions, and judgments about the probable effects of relevant observable data, including present economic conditions such as delinquency rates, financial health of specific customers and market sectors, collateral values (including housing price indices as applicable), and the present and expected future levels of interest rates. The underlying assumptions, estimates and assessments we use to provide for losses are updated periodically to reflect our view of current conditions and are subject to the regulatory examination process, which can result in changes to our assumptions. Changes in such estimates can significantly affect the allowance and provision for losses. It is possible that we will experience credit losses that are different from our current estimates. Write-offs are deducted from the allowance for losses when we judge the principal to be uncollectible and subsequent recoveries are added to the allowance at the time cash is received on a written-off account. "Impaired" loans are defined as larger balance or restructured loans for which it is probable that the lender will be unable to collect all amounts due according to the original contractual terms of the loan agreement. “Troubled debt restructurings” (TDRs) are those loans for which we have granted a concession to a borrower experiencing financial difficulties where we do not receive adequate compensation. Such loans are classified as impaired, and are individually reviewed for specific reserves. “Nonaccrual financing receivables” are those on which we have stopped accruing interest. We stop accruing interest at the earlier of the time at which collection of an account becomes doubtful or the account becomes 90 days past due. Although we stop accruing interest in advance of payments, we recognize interest income as cash is collected when appropriate provided the amount does not exceed that which would have been earned at the historical effective interest rate. Recently restructured financing receivables are not considered delinquent when payments are brought current according to the restructured terms, but may remain classified as nonaccrual until there has been a period of satisfactory payment performance by the borrower and future payments are reasonably assured of collection. “Nonearning financing receivables” are a subset of nonaccrual financing receivables for which cash payments are not being received or for which we are on the cost recovery method of accounting (i.e., any payments are accounted for as a reduction of principal). This category excludes loans purchased at a discount (unless they have deteriorated post acquisition). Under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 310, Receivables, these loans are initially recorded at fair value and accrete interest income over the estimated life of the loan based on reasonably estimable cash flows even if the underlying loans are contractually delinquent at acquisition. “Delinquent” receivables are those that are 30 days or more past due based on their contractual terms. The same financing receivable may meet more than one of the definitions above. Accordingly, these categories are not mutually exclusive and it is possible for a particular loan to meet the definitions of a TDR, impaired loan, nonaccrual loan and nonearning loan and be included in each of these categories. The categorization of a particular loan also may not be indicative of the potential for loss. Our consumer loan portfolio consists of smaller-balance, homogeneous loans, including credit card receivables, installment loans, auto loans and leases and residential mortgages. We collectively evaluate each portfolio for impairment quarterly. The allowance for losses on these receivables is established through a process that estimates the probable losses inherent in the portfolio based upon statistical analyses of portfolio data. These analyses include migration analysis, in which historical delinquency and credit loss experience is applied to the current aging of the portfolio, together with other analyses that reflect current trends and conditions. We also consider our historical loss experience to date based on actual defaulted loans and overall portfolio indicators including nonearning loans, trends in loan volume and lending terms, credit policies and other observable environmental factors such as unemployment rates and home price indices. Our commercial loan and lease portfolio consists of a variety of loans and leases, including both larger-balance, non-homogeneous loans and leases and smaller-balance homogeneous loans and leases. Losses on such loans and leases are recorded when probable and estimable. We routinely evaluate our entire portfolio for potential specific credit or collection issues that might indicate an impairment. For larger-balance, non-homogeneous loans and leases, we consider the financial status, payment history, collateral value, industry conditions and guarantor support related to specific customers. Any delinquencies or bankruptcies are indications of potential impairment requiring further assessment of collectibility. We routinely receive financial as well as rating agency reports on our customers, and we elevate for further attention those customers whose operations we judge to be marginal or deteriorating. We also elevate customers for further attention when we observe a decline in collateral values for asset-based loans. While collateral values are not always available, when we observe such a decline, we evaluate relevant markets to assess recovery alternatives – for example, for real estate loans, relevant markets are local; for commercial aircraft loans, relevant markets are global. Measurement of the loss on our impaired commercial loans is based on the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of collateral, net of expected selling costs, if the loan is determined to be collateral dependent. We determine whether a loan is collateral dependent if the repayment of the loan is expected to be provided solely by the underlying collateral. Our review process can often result in reserves being established in advance of a modification of terms or designation as a TDR. After providing for specific incurred losses, we then determine an allowance for losses that have been incurred in the balance of the portfolio but cannot yet be identified to a specific loan or lease. This estimate is based upon various statistical analyses considering historical and projected default rates and loss severity and aging, as well as our view on current market and economic conditions. It is prepared by each respective line of business. For Real Estate, this includes assessing the probability of default and the loss given default based on loss history of our portfolio for loans with similar loan metrics and attributes. We consider multiple factors in evaluating the adequacy of our allowance for losses on Real Estate financing receivables, including loan-to-value ratios, collateral values at the individual loan level, debt service coverage ratios, delinquency status, and economic factors including interest rate and real estate market forecasts. In addition to evaluating these factors, we deem a Real Estate loan to be impaired if its projected loan-to-value ratio at maturity is in excess of 100%, even if the loan is currently paying in accordance with its contractual terms. Substantially all of the loans in the Real Estate portfolio are considered collateral dependent and are measured for impairment based on the fair value of collateral. If foreclosure is deemed probable or if repayment is dependent solely on the sale of collateral, we also include estimated selling costs in our reserve. Collateral values for our Real Estate loans are determined based upon internal cash flow estimates discounted at an appropriate rate and corroborated by external appraisals, as appropriate. Collateral valuations are routinely monitored and updated annually, or more frequently for changes in collateral, market and economic conditions. Further discussion on determination of fair value is in the Fair Value Measurements section below. Experience is not available for new products; therefore, while we are developing that experience, we set loss allowances based on our experience with the most closely analogous products in our portfolio. Our loss mitigation strategy intends to minimize economic loss and, at times, can result in rate reductions, principal forgiveness, extensions, forbearance or other actions, which may cause the related loan to be classified as a TDR. We utilize certain loan modification programs for borrowers experiencing temporary financial difficulties in our Consumer loan portfolio. These loan modification programs are primarily concentrated in our non-U.S. residential mortgage and non-U.S. installment and revolving portfolios and include short-term (three months or less) interest rate reductions and payment deferrals, which were not part of the terms of the original contract. We sold our U.S. residential mortgage business in 2007 and as such, do not participate in the U.S. government-sponsored mortgage modification programs. Our allowance for losses on financing receivables on these modified consumer loans is determined based upon a formulaic approach that estimates the probable losses inherent in the portfolio based upon statistical analyses of the portfolio. Data related to redefault experience is also considered in our overall reserve adequacy review. Once the loan has been modified, it returns to current status (re-aged) only after receipt of at least three consecutive minimum monthly payments or the equivalent cumulative amount, subject to a re-aging limitation of once a year, or twice in a five-year period in accordance with the Federal Financial Institutions Examination Council guidelines on Uniform Retail Credit Classification and Account Management policy issued in June 2000. We believe that the allowance for losses would not be materially different had we not re-aged these accounts. For commercial loans, we evaluate changes in terms and conditions to determine whether those changes meet the criteria for classification as a TDR on a loan-by-loan basis. In Commercial Lending and Leasing (CLL), these changes primarily include: changes to covenants, short-term payment deferrals and maturity extensions. For these changes, we receive economic consideration, including additional fees and/or increased interest rates, and evaluate them under our normal underwriting standards and criteria. Changes to Real Estate’s loans primarily include maturity extensions, principal payment acceleration, changes to collateral terms, and cash sweeps, which are in addition to, or sometimes in lieu of, fees and rate increases. The determination of whether these changes to the terms and conditions of our commercial loans meet the TDR criteria includes our consideration of all of the relevant facts and circumstances. When the borrower is experiencing financial difficulty, we carefully evaluate these changes to determine whether they meet the form of a concession. In these circumstances, if the change is deemed to be a concession, we classify the loan as a TDR. When we repossess collateral in satisfaction of a loan, we write down the receivable against the allowance for losses. Repossessed collateral is included in the caption “All other assets” in the Statement of Financial Position and carried at the lower of cost or estimated fair value less costs to sell. For Consumer loans, we write off unsecured closed-end installment loans when they are 120 days contractually past due and unsecured open-ended revolving loans at 180 days contractually past due. We write down consumer loans secured by collateral other than residential real estate when such loans are 120 days past due. Consumer loans secured by residential real estate (both revolving and closed-end loans) are written down to the fair value of collateral, less costs to sell, no later than when they become 360 days past due. Unsecured consumer loans in bankruptcy are written off within 60 days of notification of filing by the bankruptcy court or within contractual write-off periods, whichever occurs earlier. Write-offs on larger balance impaired commercial loans are based on amounts deemed uncollectible and are reviewed quarterly. Write-offs are determined based on the consideration of many factors, such as expectations of the workout plan or restructuring of the loan, valuation of the collateral and the prioritization of our claim in bankruptcy. Write-offs are recognized against the allowance for losses at the earlier of transaction confirmation (e.g., discounted pay-off, restructuring, foreclosure, etc.) or not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan. If foreclosure is probable, the write-off is determined based on the fair value of the collateral less costs to sell. Smaller balance, homogeneous commercial loans are written off at the earlier of when deemed uncollectible or at 180 days past due.
CY2012Q4 ge Number Of Days Past Due Delinquent Receivable
NumberOfDaysPastDueDelinquentReceivable
30 pure
CY2012Q4 ge Number Of Days Past Due Unsecured Closed End Installment Loans Are Written Off
NumberOfDaysPastDueUnsecuredClosedEndInstallmentLoansAreWrittenOff
120 pure
CY2012Q4 ge Number Of Days Past Due Unsecured Open Ended Revolving Loans Are Written Off
NumberOfDaysPastDueUnsecuredOpenEndedRevolvingLoansAreWrittenOff
180 pure
CY2012Q4 ge Number Of Days Past Due Consumer Loans Secured By Collateral Other Than Residential Real Estate Write Off
NumberOfDaysPastDueConsumerLoansSecuredByCollateralOtherThanResidentialRealEstateWriteOff
120 pure
CY2012Q4 ge Number Of Days Past Due Consumer Loans Secured By Residential Real Estate Before Written Down To Fair Value Of Collateral Less Costs To Sell
NumberOfDaysPastDueConsumerLoansSecuredByResidentialRealEstateBeforeWrittenDownToFairValueOfCollateralLessCostsToSell
360 pure
CY2012Q4 ge Number Of Days Past Due Unsecured Consumer Loans In Bankruptcy Before Written Off
NumberOfDaysPastDueUnsecuredConsumerLoansInBankruptcyBeforeWrittenOff
60 pure
CY2012Q4 ge Number Of Days Commercial Smaller Balance Homogeneous Loans Are Written Off
NumberOfDaysCommercialSmallerBalanceHomogeneousLoansAreWrittenOff
180 pure
CY2011Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.38 pure
CY2012Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.37 pure
CY2010 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
-91000000 USD
CY2011 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
-197000000 USD
CY2012 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
-35000000 USD
CY2012 ge Increase Decrease In Financing Receivables
IncreaseDecreaseInFinancingReceivables
271000000 USD
CY2012Q4 ge Incremental Effect On Balance Sheet Assets Due To Adopting Asu20091617
IncrementalEffectOnBalanceSheetAssetsDueToAdoptingAsu20091617
31097000000 USD
CY2012Q4 ge Incremental Effect On Balance Sheet Liabilities Due To Adopting Asu20091617
IncrementalEffectOnBalanceSheetLiabilitiesDueToAdoptingAsu20091617
33042000000 USD
CY2012Q4 ge Net Reduction Of Balance Sheet Total Equity Due To Adopting Asu20091617
NetReductionOfBalanceSheetTotalEquityDueToAdoptingAsu20091617
1945000000 USD
CY2012 ge Tax Credit Carryforward Date Of Expiration
TaxCreditCarryforwardDateOfExpiration
2017
CY2012Q4 ge Number Of Lawsuits Involving Repurchase Claims On Loans Initiated By Divested Business
NumberOfLawsuitsInvolvingRepurchaseClaimsOnLoansInitiatedByDivestedBusiness
four
CY2012 us-gaap Other Tax Carryforward Expiration Dates
OtherTaxCarryforwardExpirationDates
2019
CY2011 ge Residential Subprime Credit
ResidentialSubprimeCredit
515000000 USD
CY2012 ge Residential Subprime Credit
ResidentialSubprimeCredit
471000000 USD
CY2012 ge Residential Subprime Credit Exposure
ResidentialSubprimeCreditExposure
219000000 USD
CY2011 ge Residential Subprime Credit Exposure
ResidentialSubprimeCreditExposure
277000000 USD
CY2011Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
20930000000 USD
CY2012Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
21962000000 USD
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
462000000 USD
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
452000000 USD
CY2012Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received
CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived
29416000000 USD
CY2012Q4 ge Direct Financing Leases Non Recourse Debt Service
DirectFinancingLeasesNonRecourseDebtService
0 USD
CY2012Q4 ge Financing Leases Direct Financing Leases Net Receivables
FinancingLeasesDirectFinancingLeasesNetReceivables
29416000000 USD
CY2012Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Unguaranteed Residual Values Of Leased Property
CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty
4272000000 USD
CY2012Q4 ge Direct Financing Leases Deferred Income
DirectFinancingLeasesDeferredIncome
29235000000 USD
CY2012Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases
CapitalLeasesNetInvestmentInDirectFinancingLeases
26797000000 USD
CY2011Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received
CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived
33667000000 USD
CY2011Q4 ge Direct Financing Leases Non Recourse Debt Service
DirectFinancingLeasesNonRecourseDebtService
0 USD
CY2011Q4 ge Financing Leases Direct Financing Leases Net Receivables
FinancingLeasesDirectFinancingLeasesNetReceivables
33667000000 USD
CY2011Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Unguaranteed Residual Values Of Leased Property
CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty
5140000000 USD
CY2011Q4 ge Direct Financing Leases Deferred Income
DirectFinancingLeasesDeferredIncome
33588000000 USD
CY2012Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Deferred Income
CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome
4453000000 USD
CY2011Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Deferred Income
CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome
5219000000 USD
CY2011Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Allowance For Uncollectible Minimum Lease Payments
CapitalLeasesNetInvestmentInDirectFinancingLeasesAllowanceForUncollectibleMinimumLeasePayments
281000000 USD
CY2012Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Allowance For Uncollectible Minimum Lease Payments
CapitalLeasesNetInvestmentInDirectFinancingLeasesAllowanceForUncollectibleMinimumLeasePayments
193000000 USD
CY2012Q4 ge Direct Financing Leases Deferred Taxes
DirectFinancingLeasesDeferredTaxes
2245000000 USD
CY2011Q4 ge Direct Financing Leases Deferred Taxes
DirectFinancingLeasesDeferredTaxes
2938000000 USD
CY2011Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases
CapitalLeasesNetInvestmentInDirectFinancingLeases
30369000000 USD
CY2012Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Rental Receivables Gross
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureRentalReceivablesGross
7035000000 USD
CY2012Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Rental Receivables Net
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureRentalReceivablesNet
2373000000 USD
CY2012Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Residual Value Of Leased Assets
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureResidualValueOfLeasedAssets
2074000000 USD
CY2012Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Deferred Income
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureDeferredIncome
1211000000 USD
CY2012Q4 ge Leveraged Leases Net Investment In Leveraged Leases Disclosure Net Of Deferred Income
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureNetOfDeferredIncome
3236000000 USD
CY2012Q4 ge Leveraged Leases Net Investment In Leveraged Leases Disclosure Allowance For Losses
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureAllowanceForLosses
5000000 USD
CY2012Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Deferred Taxes Arising From Leveraged Leases
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureDeferredTaxesArisingFromLeveragedLeases
2261000000 USD
CY2012Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Investment In Leveraged Leases Net
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureInvestmentInLeveragedLeasesNet
970000000 USD
CY2011Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Rental Receivables Gross
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureRentalReceivablesGross
10490000000 USD
CY2011Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Nonrecourse Debt Service
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureNonrecourseDebtService
6812000000 USD
CY2011Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Rental Receivables Net
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureRentalReceivablesNet
3678000000 USD
CY2011Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Residual Value Of Leased Assets
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureResidualValueOfLeasedAssets
2452000000 USD
CY2012Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Nonrecourse Debt Service
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureNonrecourseDebtService
4662000000 USD
CY2011Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Deferred Income
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureDeferredIncome
1576000000 USD
CY2011Q4 ge Leveraged Leases Net Investment In Leveraged Leases Disclosure Net Of Deferred Income
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureNetOfDeferredIncome
4554000000 USD
CY2011Q4 ge Leveraged Leases Net Investment In Leveraged Leases Disclosure Allowance For Losses
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureAllowanceForLosses
13000000 USD
CY2011Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Deferred Taxes Arising From Leveraged Leases
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureDeferredTaxesArisingFromLeveragedLeases
3780000000 USD
CY2011Q4 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Investment In Leveraged Leases Net
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureInvestmentInLeveragedLeasesNet
761000000 USD
CY2012Q4 ge Minimum Lease Payments Receivable
MinimumLeasePaymentsReceivable
36451000000 USD
CY2012Q4 ge Capital Leases Nonrecourse Debt Service
CapitalLeasesNonrecourseDebtService
4662000000 USD
CY2012Q4 ge Net Rentals Receivable
NetRentalsReceivable
31789000000 USD
CY2012Q4 ge Financing Leases Unguaranteed Residual Value Of Leased Property
FinancingLeasesUnguaranteedResidualValueOfLeasedProperty
6346000000 USD
CY2012Q4 ge Financing Leases Deferred Income
FinancingLeasesDeferredIncome
5664000000 USD
CY2012Q4 ge Investment In Financing Leases Net Of Deferred Income
InvestmentInFinancingLeasesNetOfDeferredIncome
32471000000 USD
CY2012Q4 ge Financing Leases Allowance For Losses
FinancingLeasesAllowanceForLosses
198000000 USD
CY2012Q4 ge Financing Leases Deferred Taxes
FinancingLeasesDeferredTaxes
4506000000 USD
CY2012Q4 ge Financing Leases Net Investment In Financing Leases
FinancingLeasesNetInvestmentInFinancingLeases
27767000000 USD
CY2011Q4 ge Minimum Lease Payments Receivable
MinimumLeasePaymentsReceivable
44157000000 USD
CY2011Q4 ge Capital Leases Nonrecourse Debt Service
CapitalLeasesNonrecourseDebtService
6812000000 USD
CY2011Q4 ge Net Rentals Receivable
NetRentalsReceivable
37345000000 USD
CY2011Q4 ge Financing Leases Unguaranteed Residual Value Of Leased Property
FinancingLeasesUnguaranteedResidualValueOfLeasedProperty
7592000000 USD
CY2011Q4 ge Financing Leases Deferred Income
FinancingLeasesDeferredIncome
6795000000 USD
CY2011Q4 ge Investment In Financing Leases Net Of Deferred Income
InvestmentInFinancingLeasesNetOfDeferredIncome
38142000000 USD
CY2011Q4 ge Financing Leases Allowance For Losses
FinancingLeasesAllowanceForLosses
294000000 USD
CY2011Q4 ge Financing Leases Deferred Taxes
FinancingLeasesDeferredTaxes
6718000000 USD
CY2011Q4 ge Financing Leases Net Investment In Financing Leases
FinancingLeasesNetInvestmentInFinancingLeases
31130000000 USD
CY2012Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Initial Direct Costs
CapitalLeasesNetInvestmentInDirectFinancingLeasesInitialDirectCosts
330000000 USD
CY2011Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Initial Direct Costs
CapitalLeasesNetInvestmentInDirectFinancingLeasesInitialDirectCosts
413000000 USD
CY2012 us-gaap Leveraged Leases Income Statement Income From Leveraged Leases
LeveragedLeasesIncomeStatementIncomeFromLeveragedLeases
81000000 USD
CY2011 us-gaap Leveraged Leases Income Statement Income From Leveraged Leases
LeveragedLeasesIncomeStatementIncomeFromLeveragedLeases
116000000 USD
CY2012 us-gaap Leveraged Leases Income Statement Income Tax Expense On Leveraged Leases
LeveragedLeasesIncomeStatementIncomeTaxExpenseOnLeveragedLeases
32000000 USD
CY2011 us-gaap Leveraged Leases Income Statement Income Tax Expense On Leveraged Leases
LeveragedLeasesIncomeStatementIncomeTaxExpenseOnLeveragedLeases
45000000 USD
CY2012Q4 ge Loans Net Of Deferred Income Current
LoansNetOfDeferredIncomeCurrent
56668000000 USD
CY2012Q4 ge Loans Net Of Deferred Income Receivable In Two Years
LoansNetOfDeferredIncomeReceivableInTwoYears
22076000000 USD
CY2012Q4 ge Loans Net Of Deferred Income Receivable In Three Years
LoansNetOfDeferredIncomeReceivableInThreeYears
19889000000 USD
CY2012Q4 ge Loans Net Of Deferred Income Receivable In Four Years
LoansNetOfDeferredIncomeReceivableInFourYears
18214000000 USD
CY2012Q4 ge Loans Net Of Deferred Income Receivable In Five Years
LoansNetOfDeferredIncomeReceivableInFiveYears
17114000000 USD
CY2012Q4 ge Loans Net Of Deferred Income Receivable Due Thereafter
LoansNetOfDeferredIncomeReceivableDueThereafter
48593000000 USD
CY2012Q4 ge Loans Net Of Deferred Income Excluding Consumer Revolving Loans
LoansNetOfDeferredIncomeExcludingConsumerRevolvingLoans
182554000000 USD
CY2012Q4 ge Consumer Revolving Loans Included In Loans Net Of Deferred Income
ConsumerRevolvingLoansIncludedInLoansNetOfDeferredIncome
58911000000 USD
CY2012Q4 ge Loans Net Of Deferred Income
LoansNetOfDeferredIncome
241465000000 USD
CY2012Q4 ge Consumer Revolving Loans Included In Net Rentals Receivable
ConsumerRevolvingLoansIncludedInNetRentalsReceivable
0 USD
CY2012Q4 ge Rentals Receivable Net Of Deferred Income
RentalsReceivableNetOfDeferredIncome
31789000000 USD
CY2012Q4 ge Net Rentals Receivable Current
NetRentalsReceivableCurrent
8700000000 USD
CY2012Q4 ge Net Rentals Receivable Due In Two Years
NetRentalsReceivableDueInTwoYears
6633000000 USD
CY2012Q4 ge Net Rentals Receivable Due In Three Years
NetRentalsReceivableDueInThreeYears
5235000000 USD
CY2012Q4 ge Net Rentals Receivable Due In Four Years
NetRentalsReceivableDueInFourYears
3751000000 USD
CY2012Q4 ge Net Rentals Receivable Due In Five Years
NetRentalsReceivableDueInFiveYears
2234000000 USD
CY2012Q4 ge Net Rentals Receivable Due Thereafter
NetRentalsReceivableDueThereafter
5236000000 USD
CY2012 ge Financing Receivable Allowance For Credit Losses Other
FinancingReceivableAllowanceForCreditLossesOther
-98000000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
116763000000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
108117000000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
7507000000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
6168000000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
4946000000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
3863000000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
3000000000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
8286000000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
33770000000 USD
CY2012 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
845000000 USD
CY2012 ge Goodwill Dispositions Currency Exchange And Other
GoodwillDispositionsCurrencyExchangeAndOther
23000000 USD
CY2010Q4 us-gaap Goodwill
Goodwill
64388000000 USD
CY2011 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9281000000 USD
CY2011 ge Goodwill Dispositions Currency Exchange And Other
GoodwillDispositionsCurrencyExchangeAndOther
1044000000 USD
CY2011 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
8237000000 USD
CY2011Q3 us-gaap Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
0.9 pure
CY2011Q3 us-gaap Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
3586000000 USD
CY2011Q3 ge Price Of Remaining Percentage That Could Be Purchased
PriceOfRemainingPercentageThatCouldBePurchased
343000000
CY2011Q3 ge Price Of Remaining Percentage That Could Be Purchased
PriceOfRemainingPercentageThatCouldBePurchased
470000000 USD
CY2011Q3 ge Remaining Percentage Of Business That Could Be Purchased
RemainingPercentageOfBusinessThatCouldBePurchased
0.1 pure
CY2012 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
822000000 USD
CY2012Q1 ge Pre Tax Gain On Deconsolidation Of Business Contributed To Joint Venture
PreTaxGainOnDeconsolidationOfBusinessContributedToJointVenture
274000000 USD
CY2012Q1 ge After Tax Gain On Deconsolidation Of Business Contributed To Joint Venture
AfterTaxGainOnDeconsolidationOfBusinessContributedToJointVenture
152000000 USD
CY2012 ge Discount Rates Used In Reporting Unit Valuations Minimum Rate
DiscountRatesUsedInReportingUnitValuationsMinimumRate
0.08 pure
CY2012Q1 us-gaap Subsidiary Of Limited Liability Company Or Limited Partnership Ownership Interest
SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest
0.5 pure
CY2012 ge Discount Rates Used In Reporting Unit Valuations Maximum Rate
DiscountRatesUsedInReportingUnitValuationsMaximumRate
0.13 pure
CY2012Q4 ge All Other Assets Eliminations
AllOtherAssetsEliminations
-77000000 USD
CY2011Q4 ge All Other Assets Eliminations
AllOtherAssetsEliminations
-586000000 USD
CY2012Q4 ge Total Borrowings And Bank Deposits
TotalBorrowingsAndBankDeposits
414060000000 USD
CY2011Q4 ge Total Borrowings And Bank Deposits
TotalBorrowingsAndBankDeposits
453443000000 USD
CY2012Q4 us-gaap Senior Notes
SeniorNotes
7000000000 USD
CY2012 ge Subsidiary Issued And Outstanding Senior Unsecured Debt Guaranteed By Federal Depository Insurance Company
SubsidiaryIssuedAndOutstandingSeniorUnsecuredDebtGuaranteedByFederalDepositoryInsuranceCompany
No
CY2012Q4 ge Fixed And Floating Rate Notes Containing Put Options
FixedAndFloatingRateNotesContainingPutOptions
914000000 USD
CY2012 ge Extension Period From Date Of Expiration In Term Out Feature Minimum
ExtensionPeriodFromDateOfExpirationInTermOutFeatureMinimum
one
CY2012 ge Extension Period From Date Of Expiration In Term Out Feature Maximum
ExtensionPeriodFromDateOfExpirationInTermOutFeatureMaximum
two
CY2012Q4 us-gaap Deposit Contracts Liabilities
DepositContractsLiabilities
3321000000 USD
CY2011Q4 us-gaap Deposit Contracts Liabilities
DepositContractsLiabilities
3493000000 USD
CY2011Q4 us-gaap Guaranteed Interest Contracts
GuaranteedInterestContracts
4226000000 USD
CY2012Q4 us-gaap Guaranteed Interest Contracts
GuaranteedInterestContracts
1644000000 USD
CY2012Q4 ge Liability Of Issuance Of Investment Contracts
LiabilityOfIssuanceOfInvestmentContracts
4965000000 USD
CY2011Q4 ge Liability Of Issuance Of Investment Contracts
LiabilityOfIssuanceOfInvestmentContracts
7719000000 USD
CY2011Q4 us-gaap Liability For Future Policy Benefits Life
LiabilityForFuturePolicyBenefitsLife
19257000000 USD
CY2012Q4 us-gaap Liability For Future Policy Benefits Life
LiabilityForFuturePolicyBenefitsLife
20427000000 USD
CY2012Q4 ge Investment Contracts Insurance Liabilities And Insurance Annuity Benefits
InvestmentContractsInsuranceLiabilitiesAndInsuranceAnnuityBenefits
28696000000 USD
CY2011Q4 ge Investment Contracts Insurance Liabilities And Insurance Annuity Benefits
InvestmentContractsInsuranceLiabilitiesAndInsuranceAnnuityBenefits
30198000000 USD
CY2012Q4 ge Other Investment Contracts
OtherInvestmentContracts
3304000000 USD
CY2011Q4 ge Other Investment Contracts
OtherInvestmentContracts
3222000000 USD
CY2012Q4 ge Life Insurance Benefits Net Level Premium Method Using Estimated Yields Minimum
LifeInsuranceBenefitsNetLevelPremiumMethodUsingEstimatedYieldsMinimum
0.03 pure
CY2011Q4 ge Life Insurance Benefits Net Level Premium Method Using Estimated Yields Maximum
LifeInsuranceBenefitsNetLevelPremiumMethodUsingEstimatedYieldsMaximum
0.085 pure
CY2012Q4 ge Life Insurance Benefits Net Level Premium Method Using Estimated Yields Maximum
LifeInsuranceBenefitsNetLevelPremiumMethodUsingEstimatedYieldsMaximum
0.085 pure
CY2011Q4 ge Life Insurance Benefits Net Level Premium Method Using Estimated Yields Minimum
LifeInsuranceBenefitsNetLevelPremiumMethodUsingEstimatedYieldsMinimum
0.03 pure
CY2012 ge Minimum Pension Assets Or Obligations
MinimumPensionAssetsOrObligations
50000000 USD
CY2012Q4 ge Pension Plans With Pension Assets Or Obligations In Excess Of Threshold
PensionPlansWithPensionAssetsOrObligationsInExcessOfThreshold
40 pure
CY2012Q4 ge Percentage Of Total Pension Assets Disclosed
PercentageOfTotalPensionAssetsDisclosed
0.99 pure
CY2012 ge Pension Plan Participants Active Employees
PensionPlanParticipantsActiveEmployees
136000 pure
CY2012 ge Pension Plan Participants Vested Former Employees
PensionPlanParticipantsVestedFormerEmployees
236000 pure
CY2012 ge Pension Plan Participants Retirees And Beneficiaries
PensionPlanParticipantsRetireesAndBeneficiaries
257000 pure
CY2012 ge Pension Plan Participants
PensionPlanParticipants
629000 pure
CY2013 ge Amount Expected To Be Contributed To Fund Company Pension Plan
AmountExpectedToBeContributedToFundCompanyPensionPlan
433000000 USD
CY2012 ge Retiree Health Plan Weighted Average Discount Rate Used For Determination Of Costs
RetireeHealthPlanWeightedAverageDiscountRateUsedForDeterminationOfCosts
0.08 pure
CY2012Q4 ge Private Equities
PrivateEquities
6878000000 USD
CY2012Q4 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
3356000000 USD
CY2012Q4 us-gaap Other Investments
OtherInvestments
1738000000 USD
CY2012 ge Cash And Other
CashAndOther
-641000000 USD
CY2012Q4 us-gaap Investments And Cash
InvestmentsAndCash
44738000000 USD
CY2011Q4 ge Private Equities
PrivateEquities
6786000000 USD
CY2011Q4 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
3274000000 USD
CY2011Q4 us-gaap Other Investments
OtherInvestments
1709000000 USD
CY2011 ge Cash And Other
CashAndOther
415000000 USD
CY2011Q4 us-gaap Investments And Cash
InvestmentsAndCash
42137000000 USD
CY2012Q4 ge Retiree Health Plan Number Of Retirees And Dependents
RetireeHealthPlanNumberOfRetireesAndDependents
205000 pure
CY2012 ge Pension And Postretirement Cost Of Benefit Plans
PensionAndPostretirementCostOfBenefitPlans
5452000000 USD
CY2012 ge Pension And Postretirement Net Actuarial Gain Loss During Current Year
PensionAndPostretirementNetActuarialGainLossDuringCurrentYear
1804000000 USD
CY2012 ge Pension And Postretirement Prior Service Cost Credit During Current Year
PensionAndPostretirementPriorServiceCostCreditDuringCurrentYear
-838000000 USD
CY2012 ge Pension And Postretirement Changes In Other Comprehensive Income
PensionAndPostretirementChangesInOtherComprehensiveIncome
3869000000 USD
CY2012 ge Pension And Postretirement Benefit Plan Cost And Changes In Other Comprehensive Income
PensionAndPostretirementBenefitPlanCostAndChangesInOtherComprehensiveIncome
1583000000 USD
CY2012 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-805000000 USD
CY2012 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
3733000000 USD
CY2012 us-gaap Defined Benefit Plan Curtailments
DefinedBenefitPlanCurtailments
-297000000 USD
CY2012Q4 ge Accruals For Noncurrent Compensation And Benefits
AccrualsForNoncurrentCompensationAndBenefits
39460000000 USD
CY2011Q4 ge Accruals For Noncurrent Compensation And Benefits
AccrualsForNoncurrentCompensationAndBenefits
39430000000 USD
CY2012Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
2988000000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3675000000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2010 us-gaap Current Income Tax Expense Benefit
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CY2011 us-gaap Income Tax Expense Benefit Continuing Operations
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CY2012 ge Percentage Of Reduction In Effective Tax Rate
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0.023 pure
CY2012Q4 us-gaap Unrecognized Tax Benefits
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CY2011Q4 us-gaap Unrecognized Tax Benefits
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CY2011Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2012Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2011Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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CY2011Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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121000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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0 USD
CY2011Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
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CY2011 ge Tax On Global Activities Including Exports
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CY2012 ge Tax On Global Activities Including Exports
TaxOnGlobalActivitiesIncludingExports
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CY2012 ge Effective Income Tax Rate Reconciliation Tax Credits Us
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CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35 pure
CY2012Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
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0 USD
CY2012Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
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800000000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
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CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
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CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
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CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
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CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
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CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
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CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2010 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2012 ge Effective Tax Rate Impact Of Inclusion Of After Tax Earnings Of Subsidiary
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0.00 pure
CY2011 ge Effective Tax Rate Impact Of Inclusion Of After Tax Earnings Of Subsidiary
EffectiveTaxRateImpactOfInclusionOfAfterTaxEarningsOfSubsidiary
0.00 pure
CY2010 ge Effective Tax Rate Impact Of Inclusion Of After Tax Earnings Of Subsidiary
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CY2010 ge Tax On Global Activities Including Exports
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CY2011 ge Effective Income Tax Rate Reconciliation Tax Credits Us
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CY2010 ge Effective Income Tax Rate Reconciliation Tax Credits Us
EffectiveIncomeTaxRateReconciliationTaxCreditsUs
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CY2010 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.022 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.034 pure
CY2012 ge Income Tax Reconciliation Items
IncomeTaxReconciliationItems
-0.206 pure
CY2011 ge Income Tax Reconciliation Items
IncomeTaxReconciliationItems
-0.067 pure
CY2010 ge Income Tax Reconciliation Items
IncomeTaxReconciliationItems
-0.277 pure
CY2010 us-gaap Effective Income Tax Rate Continuing Operations
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0.073 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.283 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.144 pure
CY2012 ge Effective Income Tax Rate Reconciliation Due To Gain On Sale Of Business
EffectiveIncomeTaxRateReconciliationDueToGainOnSaleOfBusiness
0.00 pure
CY2011 ge Effective Income Tax Rate Reconciliation Due To Gain On Sale Of Business
EffectiveIncomeTaxRateReconciliationDueToGainOnSaleOfBusiness
0.093 pure
CY2010 ge Effective Income Tax Rate Reconciliation Due To Gain On Sale Of Business
EffectiveIncomeTaxRateReconciliationDueToGainOnSaleOfBusiness
0.00 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
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CY2011 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.00 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.00 pure
CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
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CY2011Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
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DeferredTaxLiabilities
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CY2011Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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DeferredTaxAssetsLiabilitiesNet
131000000 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
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CY2012 us-gaap Dividends
Dividends
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CY2012 ge Other Retained Earnings
OtherRetainedEarnings
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CY2012 us-gaap Treasury Stock Value Acquired Cost Method
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CY2011 us-gaap Dividends
Dividends
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CY2010Q4 us-gaap Common Stock Value
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CY2010Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2009Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2010 us-gaap Dividends
Dividends
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CY2010 us-gaap Treasury Stock Value Acquired Cost Method
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TreasuryStockValue
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CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Tax
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CY2010 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Tax
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CY2010 ge Preferred Stock Redemption Impact On Other Capital
PreferredStockRedemptionImpactOnOtherCapital
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CY2011 ge Preferred Stock Redemption Impact On Other Capital
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CY2012 ge Preferred Stock Redemption Impact On Other Capital
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CY2011 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
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CY2010 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
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CY2008Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2008Q4 us-gaap Auction Market Preferred Securities Stock Series Liquidation Value
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CY2008Q4 ge Number Of Common Stock Shares Warrants Can Purchase
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ParValueOfCommonStockThatWarrantsCanPurchase
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CY2008Q4 ge Percentage Of Liquidation Value Plus Accrued And Unpaid Dividends That Cumulative Perpetual Preferred Stock Is Redeemable At
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1.1 pure
CY2011Q3 ge Preferred Stock Redemption Price
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StockRepurchasedDuringPeriodValue
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StockRepurchasedDuringPeriodShares
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10000000000 USD
CY2012Q4 ge Number Of Trading Days Preceding Date Of Cashless Exercise Average Market Price
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CY2012Q4 us-gaap Common Stock Shares Authorized
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CY2013Q1 us-gaap Stock Repurchase Program Authorized Amount
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CY2012Q4 us-gaap Preferred Stock Shares Authorized
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CommonStockSharesIssued
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CommonStockSharesIssued
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TreasuryStockShares
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CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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CY2012 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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MinorityInterestDecreaseFromRedemptions
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CY2011 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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MinorityInterest
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CY2011 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2010 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
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CY2012 ge Share Based Compensation Shares Authorized Under Stock Option Plans Vesting Period Years Lower Range Limit
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insignificant
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CY2012Q4 ge Netting Adjustment Of Derivative Gross Assets
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CY2012Q4 ge Derivative Fair Value Of Derivative Liability Net Of Master Netting Agreement
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CY2012Q4 ge Cash Collateral Posted For Derivatives Liability
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CY2011Q4 ge Cash Collateral Posted For Derivatives Liability
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CY2011Q4 ge Cash Collateral Posted For Derivatives Assets
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CY2012Q4 ge Cash Collateral Posted For Derivatives Assets
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CY2009Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
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611000000 USD
CY2011 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
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CY2010 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
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491000000 USD
CY2010 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
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CY2011 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
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CY2012 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
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CY2010Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
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CY2011Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
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CY2012Q4 us-gaap Standard Product Warranty Accrual
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1383000000 USD
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CY2012 ge Net Dispositions Purchases Of Shares For Treasury
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CY2012 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
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CY2011 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2010 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
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