2014 Q4 Form 8-K Financial Statement

#000004054516000162 Filed on June 03, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014 Q2
Revenue $22.60B $32.11B $32.26B
YoY Change 244.77% -9.97% -7.98%
Cost Of Revenue $33.85B $4.508B $5.351B
YoY Change -1.31% -6.04% 15.72%
Gross Profit -$11.24B $27.60B $26.91B
YoY Change -59.47% -10.58% -11.59%
Gross Profit Margin -49.74% 85.96% 83.41%
Selling, General & Admin $4.200B
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.101B $1.424B $1.182B
YoY Change -156.46% -44.74% -47.84%
% of Gross Profit 5.16% 4.39%
Operating Expenses -$12.84B $7.838B $7.879B
YoY Change -47.63% -22.71% -23.02%
Operating Profit $1.596B $19.76B $5.869B
YoY Change -149.53% 237.22% 4.28%
Interest Expense -$294.0M -$264.0M -$275.0M
YoY Change 50.77% 19.46% 29.72%
% of Operating Profit -18.42% -1.34% -4.69%
Other Income/Expense, Net -$14.00M $258.0M $338.0M
YoY Change -101.37% -28.93% 225.0%
Pretax Income $1.288B $3.204B $3.076B
YoY Change -153.85% -11.49% -17.6%
Income Tax -$261.0M $401.0M $192.0M
% Of Pretax Income -20.26% 12.52% 6.24%
Net Earnings $5.152B $3.536B $3.546B
YoY Change 60.7% 10.81% 13.18%
Net Earnings / Revenue 22.79% 11.01% 10.99%
Basic Earnings Per Share $0.51 $0.35 $0.35
Diluted Earnings Per Share $0.51 $0.35 $0.35
COMMON SHARES
Basic Shares Outstanding 10.06B shares 10.04B shares 10.03B shares
Diluted Shares Outstanding 10.12B shares 10.11B shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.03B $90.44B $86.57B
YoY Change -20.92% 4.55% -2.41%
Cash & Equivalents $70.03B $90.44B $86.57B
Short-Term Investments
Other Short-Term Assets $12.80B $71.24B $70.63B
YoY Change -74.15% -2.25%
Inventory $17.69B $19.43B $19.71B
Prepaid Expenses
Receivables $23.24B $21.96B $21.43B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $123.8B $203.1B $198.3B
YoY Change -30.0% 2.61% 57.84%
LONG-TERM ASSETS
Property, Plant & Equipment $48.07B $65.46B $67.90B
YoY Change -4.83% -4.77% -1.25%
Goodwill $53.21B $77.86B $79.02B
YoY Change 0.13% -0.21% 8.11%
Intangibles $13.18B $14.36B $14.80B
YoY Change -4.94% 0.92% 27.61%
Long-Term Investments $0.00 $47.02B $46.75B
YoY Change -100.0% 7.11% 6.87%
Other Assets $332.5B $7.107B $4.773B
YoY Change 12382.62% 22.98% -94.13%
Total Long-Term Assets $530.2B $447.0B $453.5B
YoY Change 8.99% -3.58% -15.21%
TOTAL ASSETS
Total Short-Term Assets $123.8B $203.1B $198.3B
Total Long-Term Assets $530.2B $447.0B $453.5B
Total Assets $653.9B $650.0B $651.9B
YoY Change -1.4% -1.73% -1.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.07B $16.76B $17.56B
YoY Change -2.06% 1.88% 8.15%
Accrued Expenses $14.32B $12.70B $12.63B
YoY Change 7.04% -13.46% -12.28%
Deferred Revenue
YoY Change
Short-Term Debt $70.43B $69.92B $73.53B
YoY Change -8.39% -13.14% -4.73%
Long-Term Debt Due $39.00B $69.92B $73.53B
YoY Change -49.92% -13.14% -4.73%
Total Short-Term Liabilities $155.6B $197.8B $205.1B
YoY Change -26.14% -11.04% -6.38%
LONG-TERM LIABILITIES
Long-Term Debt $191.0B $304.2B $305.2B
YoY Change -37.41% -1.1% -1.59%
Other Long-Term Liabilities $171.4B $2.873B $1.391B
YoY Change 4251.66% 17.65% -43.98%
Total Long-Term Liabilities $362.4B $307.1B $306.6B
YoY Change 17.25% -0.95% -1.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $155.6B $197.8B $205.1B
Total Long-Term Liabilities $362.4B $307.1B $306.6B
Total Liabilities $518.0B $506.5B $511.8B
YoY Change -1.28% -4.86% -3.75%
SHAREHOLDERS EQUITY
Retained Earnings $155.3B $152.5B $151.2B
YoY Change 4.21% 2.99% 2.98%
Common Stock $702.0M $702.0M $702.0M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $42.59B $43.01B $43.23B
YoY Change 0.08% 4.83% 9.45%
Treasury Stock Shares -1.636B shares
Shareholders Equity $128.2B $135.0B $134.0B
YoY Change
Total Liabilities & Shareholders Equity $655.0B $650.0B $651.9B
YoY Change -0.99% -1.73% -1.31%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $5.152B $3.536B $3.546B
YoY Change 60.7% 10.81% 13.18%
Depreciation, Depletion And Amortization $1.101B $1.424B $1.182B
YoY Change -156.46% -44.74% -47.84%
Cash From Operating Activities $11.46B $6.035B $5.249B
YoY Change 0.99% 15.37% -28.3%
INVESTING ACTIVITIES
Capital Expenditures -$2.157B -$1.284B -$332.0M
YoY Change -163.91% -55.91% -90.71%
Acquisitions
YoY Change
Other Investing Activities -$958.0M -$517.0M -$1.578B
YoY Change -84.75% -74.29% -117.47%
Cash From Investing Activities -$3.115B -$1.801B -$1.910B
YoY Change 7.23% -63.42% -134.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.877B 1.287B -3.865B
YoY Change -10.66% -159.06% -72.12%
NET CHANGE
Cash From Operating Activities 11.46B 6.035B 5.249B
Cash From Investing Activities -3.115B -1.801B -1.910B
Cash From Financing Activities -5.877B 1.287B -3.865B
Net Change In Cash 2.469B 5.521B -526.0M
YoY Change 32.32% -395.08% -51.34%
FREE CASH FLOW
Cash From Operating Activities $11.46B $6.035B $5.249B
Capital Expenditures -$2.157B -$1.284B -$332.0M
Free Cash Flow $13.62B $7.319B $5.581B
YoY Change 70.78% -10.12% -48.77%

Facts In Submission

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1.28
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CY2015 us-gaap Dividends
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CY2015 dei Document Type
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2556000000 USD
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CY2015 dei Trading Symbol
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AdjustmentsToReflectPresentValueOfFutureProfitsInRunOffInsuranceOperationsToReflectEffectsThatWouldHaveBeenRecognizedHadRelatedUnrealizedInvestmentSecuritiesHoldingGainsLosesActuallyBeenRealized
266000000 USD
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0.35
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121000000 shares
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CY2014Q4 us-gaap Investments
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CY2015 dei Current Fiscal Year End Date
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CY2015 dei Entity Filer Category
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473000000 USD
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Revenues
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2530000000 USD
CY2013Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
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10700000 shares
CY2012Q4 us-gaap Reinsurance Recoverables Gross
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250000000 USD
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960000000 USD
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InterestPaid
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269000000 USD
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25000000 USD
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CY2015 ge Partial Sales Of Business Intereststextblock
PartialSalesOfBusinessIntereststextblock
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0pt;' >Partial Sales of Business Interests</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Gains or losses on sales of affiliate shares where we retain a controllin</font><font style='font-family:Arial;font-size:9pt;' >g financial interest are recorded in equity. Gains or losses on sales that result in our loss of a controlling financial interest are recorded in earnings along with </font><font style='font-family:Arial;font-size:9pt;' >remeasurement</font><font style='font-family:Arial;font-size:9pt;' > gains or losses on any investments in the entity that we retained.</font></p><p style='text-align:left;line-height:12pt;' ></p></div>
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4846000000 USD
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13000000 USD
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RetainedEarningsAccumulatedDeficit
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CY2014Q4 ge Excluded Investment Commitments
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CY2015 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2014 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
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UnrecognizedTaxBenefits
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OtherIncome
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Liabilities
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MinorityInterest
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InterestPaid
9560000000 USD
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23237000000 USD
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3690000000 USD
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CY2013 ge Newly Issued Debt Maturities Longer Than90 Days
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CY2013 ge Dividends And Other Transactions With Shareowners
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8060000000 USD
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AmortizationOfIntangibleAssets
1286000000 USD
CY2013Q4 us-gaap Foreclosed Assets
ForeclosedAssets
482000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.17
CY2015Q4 ge Derivative Accrued Interest Net
DerivativeAccruedInterestNet
1014000000 USD
CY2012 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
8646000000 USD
CY2014Q4 us-gaap Foreclosed Assets
ForeclosedAssets
0 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
807000000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
5746000000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-23410000000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
13057000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6778000000 USD
CY2015Q4 us-gaap Investments
Investments
31973000000 USD
CY2014Q4 ge Derivative Net
DerivativeNet
3246000000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
686000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
8495000000 USD
CY2015Q4 us-gaap Profit Loss
ProfitLoss
6403000000 USD
CY2014 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1115000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10354000000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-45575000000 USD
CY2013Q4 ge Carrying Value Of Cash And Cash Equivalents
CarryingValueOfCashAndCashEquivalents
79173000000 USD
CY2014 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
-231000000 USD
CY2015 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
64000000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
-409000000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
1367000000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6499000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
90022000000 USD
CY2013 ge Other Product Warranty Liability Changes
OtherProductWarrantyLiabilityChanges
10000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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1853000000 USD
CY2013 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
-8000000 USD
CY2015 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Redeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable
2905000000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1196000000 USD
CY2013 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
357000000 USD
CY2014Q4 ge Cumulative Gain Loss Adjustment For Non Performance Risk
CumulativeGainLossAdjustmentForNonPerformanceRisk
16000000 USD
CY2014 us-gaap Other Income
OtherIncome
778000000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Revenue
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31136000000 USD
CY2015Q4 us-gaap Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
6782000000 USD
CY2013 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2015 ge Preferred Stock Dividends Income Statement Impact Diluted
PreferredStockDividendsIncomeStatementImpactDiluted
18000000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
5855000000 USD
CY2015 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
979000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
794000000 USD
CY2014Q4 us-gaap Other Minority Interests
OtherMinorityInterests
1194000000 USD
CY2014 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
4953000000 USD
CY2014 ge Tax On Global Activities Including Exports
TaxOnGlobalActivitiesIncludingExports
-0.177 pure
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
442000000 USD
CY2015 ge Reverse Repurchase Agreements Maturities
ReverseRepurchaseAgreementsMaturities
P90D
CY2014 us-gaap Research And Development Arrangement With Federal Government Customer Funding To Offset Costs Incurred
ResearchAndDevelopmentArrangementWithFederalGovernmentCustomerFundingToOffsetCostsIncurred
-721000000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
-13608000000 USD
CY2014 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-71000000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
518023000000 USD
CY2015 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
-189000000 USD
CY2015Q4 ge Liabilities Of Assets Held For Sale1
LiabilitiesOfAssetsHeldForSale1
861000000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
43000000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
1864000000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
123026000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4723000000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-122000000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-913000000 USD
CY2015Q4 ge Excesscollateralposted
Excesscollateralposted
379000000 USD
CY2014 us-gaap Subsidiary Or Equity Method Investee Minority Interest In Income Of Subsidiary
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-12000000 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-652000000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1491000000 USD
CY2015Q2 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
3150000000 EUR
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2014 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
7247000000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
2506000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15233000000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
515000000 USD
CY2013 ge Excess Of Actual Tax Deductions Over Amounts Assumed Recognized In Shareowners Equity
ExcessOfActualTaxDeductionsOverAmountsAssumedRecognizedInShareownersEquity
86000000 USD
CY2013 ge Earningsfromcontinuingoperationsforpersharecalculationbasic
Earningsfromcontinuingoperationsforpersharecalculationbasic
7609000000 USD
CY2015 ge Subsidiary Earnings From Continuing Operations
SubsidiaryEarningsFromContinuingOperations
0 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1723000000 USD
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1370000000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
2645000000 USD
CY2015Q4 ge Investment In Subsidiary
InvestmentInSubsidiary
0 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
15233000000 USD
CY2014 us-gaap Maximum Length Of Time Foreign Currency Cash Flow Hedge
MaximumLengthOfTimeForeignCurrencyCashFlowHedge
P18Y
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax
2401000000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
5475000000 USD
CY2015 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
718000000 USD
CY2015Q4 us-gaap Minority Interest Preferred Stock Amount
MinorityInterestPreferredStockAmount
0 USD
CY2012 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
0 USD
CY2013 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
-246000000 USD
CY2014 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
80000000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
32494000000 USD
CY2015 ge Financialservicesrevenuespolicytextblock
Financialservicesrevenuespolicytextblock
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0pt;' >GE CAPITAL </font><font style='font-family:Arial;font-size:10pt;font-weight:bold;' >REVENUES FROM SERVICES (EARNED INCOME)</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >We use the interest method to recognize income on loans. Interest on loans includes origination, commitment and other non-refundable fees related to funding (recorded in earned income on the interest</font><font style='font-family:Arial;font-size:9pt;' > method). 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</font><font style='font-family:Arial;font-size:9pt;' >.</font><font style='font-family:Arial;font-size:9pt;' > Previously </font><font style='font-family:Arial;font-size:9pt;' >recognized interest income that was accrued but not collected from the borrower is reverse</font><font style='font-family:Arial;font-size:9pt;' >d, unless the terms of the loan agreement permit capitalization of accrued interest to the principal balance.</font><font style='font-family:Arial;font-size:9pt;font-weight:bold;' > </font><font style='font-family:Arial;font-size:9pt;' >P</font><font style='font-family:Arial;font-size:9pt;' >ayments received </font><font style='font-family:Arial;font-size:9pt;' >on nonaccrual loans </font><font style='font-family:Arial;font-size:9pt;' >are applied to reduce the principal balance of the loan. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >We resume accruing interest on nonaccrual, non-re</font><font style='font-family:Arial;font-size:9pt;' >structured commercial loans only when (a) payments are brought current according to the loan&#8217;s original terms and (b) future payments are reasonably assured. When we agree to restructured terms with the borrower, we resume accruing interest only when it is</font><font style='font-family:Arial;font-size:9pt;' > reasonably assured that we will recover full contractual payments, and such loans pass underwriting reviews equivalent to those applied to new loans. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >We recognize financing lease income on the interest method to produce a level yield on funds not yet re</font><font style='font-family:Arial;font-size:9pt;' >covered. Estimated unguaranteed residual values are based upon management&#39;s best estimates of the value of the leased asset at the end of the lease term. We use various sources of data in determining </font><font style='font-family:Arial;font-size:9pt;' >these</font><font style='font-family:Arial;font-size:9pt;' > estimate</font><font style='font-family:Arial;font-size:9pt;' >s</font><font style='font-family:Arial;font-size:9pt;' >, including information obtained from thi</font><font style='font-family:Arial;font-size:9pt;' >rd parties, which is adjusted for the attributes of the specific asset under lease. Guarantees of residual values by unrelated third parties are considered part of minimum lease payments. Significant assumptions we use in estimating residual values include</font><font style='font-family:Arial;font-size:9pt;' > estimated net cash flows over the remaining lease term, anticipated results of future remarketing, and estimated future component part and scrap metal prices, discounted at an appropriate rate.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >We recognize operating lease income on a straight-line basis</font><font style='font-family:Arial;font-size:9pt;' > over the terms of underlying leases.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ></p></div>
CY2014Q4 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
0 USD
CY2013 ge Minority Interest Decrease From Distributions To Noncontrolling Interest Preferred Stock Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestPreferredStockHolders
298000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-309000000 USD
CY2014 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-24263000000 USD
CY2015 ge Excess Of Actual Tax Deductions Over Amounts Assumed Recognized In Shareowners Equity
ExcessOfActualTaxDeductionsOverAmountsAssumedRecognizedInShareownersEquity
167000000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-6135000000 USD
CY2014 ge Net Earnings Attributable To Ge Common Shareowners For Pershare Calculation Basic
NetEarningsAttributableToGeCommonShareownersForPershareCalculationBasic
15212000000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10466000000 USD
CY2014Q4 ge Investment In Subsidiary
InvestmentInSubsidiary
0 USD
CY2014 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-878000000 USD
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.9
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-16529000000 USD
CY2013 ge Repayments And Other Reductions Maturities Longer Than90 Days
RepaymentsAndOtherReductionsMaturitiesLongerThan90Days
53624000000 USD
CY2014Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
-3875000000 USD
CY2013 ge Income Tax Reconciliation Items
IncomeTaxReconciliationItems
-0.216 pure
CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-35000000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
460000000 USD
CY2015Q4 ge Outstandingprincipalofnewprivateoffernotes
Outstandingprincipalofnewprivateoffernotes
31000000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
19000000 USD
CY2015 ge Share Based Compensation Arrangement By Share Based Payment Award Options Weighted Average Amortized Remaining Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageAmortizedRemainingVestingPeriod
P02Y
CY2015Q4 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
-1277000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9053000000 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
2283000000 USD
CY2015Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
104000000000 USD
CY2013 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1549000000 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Other
EffectiveIncomeTaxRateReconciliationTaxSettlementsOther
0.044 pure
CY2014Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
22000000 USD
CY2015 ge Gainslossesontreasurystockdispositionsandotheradditionalpaidincapitalduringperiod
Gainslossesontreasurystockdispositionsandotheradditionalpaidincapitalduringperiod
4724000000 USD
CY2015 ge Total Effect On Earnings Of Hedges
TotalEffectOnEarningsOfHedges
-359000000 USD
CY2014 ge Other Product Warranty Liability Changes
OtherProductWarrantyLiabilityChanges
-50000000 USD
CY2014 us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
1042000000 USD
CY2015 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
109800000 shares
CY2015 ge Investment Contracts Insurance Losses And Insurance Annuity Benefits
InvestmentContractsInsuranceLossesAndInsuranceAnnuityBenefits
2605000000 USD
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.27
CY2015Q4 us-gaap Guarantees Fair Value Disclosure
GuaranteesFairValueDisclosure
347000000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2035000000 USD
CY2015Q4 ge Excesscollateralization
Excesscollateralization
48000000 USD
CY2014Q4 us-gaap Derivative Assets
DerivativeAssets
3731000000 USD
CY2014Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
-3892000000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
36000000 USD
CY2013 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
0 USD
CY2013 ge Proceeds From Issuance Of Preferred Stock
ProceedsFromIssuanceOfPreferredStock
990000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
7128000000 USD
CY2015 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
90000000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
148000000 USD
CY2013 us-gaap Interest Paid
InterestPaid
8988000000 USD
CY2015 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-6612000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.22
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
5152000000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
15345000000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
27022000000 USD
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.792 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.052 pure
CY2015Q4 ge Cash And Equivalents Excluding Assets Held For Sale
CashAndEquivalentsExcludingAssetsHeldForSale
70483000000 USD
CY2014 us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
-45000000 USD
CY2014 ge Earningsfromcontinuingoperationsforpersharecalculationbasic
Earningsfromcontinuingoperationsforpersharecalculationbasic
9523000000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
312000000 USD
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Other
EffectiveIncomeTaxRateReconciliationTaxSettlementsOther
0.019 pure
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
3105000000 USD
CY2013 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-14000000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
147000000 USD
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.79
CY2015 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
-2840000000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P06Y09M
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
197000000 USD
CY2014 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
9535000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
305000000 USD
CY2014 ge Income Loss From Discontinued Operations Net Of Tax Diluted
IncomeLossFromDiscontinuedOperationsNetOfTaxDiluted
5691000000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1219000000 USD
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
432600000 shares
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
77533000000 USD
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
CY2015 ge Increase Decrease Progress Collections
IncreaseDecreaseProgressCollections
-996000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5165000000 USD
CY2014 ge Effective Tax Rate Impact Of Inclusion Of After Tax Earnings Of Subsidiary
EffectiveTaxRateImpactOfInclusionOfAfterTaxEarningsOfSubsidiary
0 pure
CY2014 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
714000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1644000000 USD
CY2015 dei Entity Registrant Name
EntityRegistrantName
General Electric Company
CY2014Q4 ge Ordinary Course Of Business Lending Commitments
OrdinaryCourseOfBusinessLendingCommitments
762000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1915000000 USD
CY2014Q4 us-gaap Notes Receivable Net
NotesReceivableNet
13445000000 USD
CY2015 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
23003000000 USD
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014Q4 ge Excesssecuritiescollateralheld
Excesssecuritiescollateralheld
471000000 USD
CY2014Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
261424000000 USD
CY2015 ge Interest And Other Financial Charges
InterestAndOtherFinancialCharges
3463000000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-46813000000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
2545000000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13641000000 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
279000000 USD
CY2014 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
593000000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.36
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
565000000 USD
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
11693841000 shares
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2014Q1 us-gaap Profit Loss
ProfitLoss
2952000000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
2393000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0pt;' >LOSSES ON </font><font style='font-family:Arial;font-size:10pt;font-weight:bold;' >FINANCING RECEIVABLES</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >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 si</font><font style='font-family:Arial;font-size:9pt;' >ze, 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 p</font><font style='font-family:Arial;font-size:9pt;' >resent economic conditions such as delinquency rates, financial health of specific customers and market sectors, collateral values, and the present and expected future levels of interest rates. The underlying assumptions, estimates and assessments we use t</font><font style='font-family:Arial;font-size:9pt;' >o 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 </font><font style='font-family:Arial;font-size:9pt;' >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 ar</font><font style='font-family:Arial;font-size:9pt;' >e added to the allowance at the time cash is received on a written-off account. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >&quot;Impaired&quot; 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 origi</font><font style='font-family:Arial;font-size:9pt;' >nal contractual terms of the loan agreement. </font><font style='font-family:Arial;font-size:9pt;' >A portion of our CLL nonaccrual receivables are excluded from this definition, as they represent smaller-balance homogeneous loans that we evaluate collectively by portfolio for impairment. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Specific reserves a</font><font style='font-family:Arial;font-size:9pt;' >re recorded for individually impaired loans to the extent we have determined that it is probable that we will be unable to collect all amounts due according to original contractual terms of the loan agreement. Certain loans classified as impaired may not r</font><font style='font-family:Arial;font-size:9pt;' >equire a reserve because we believe that we will ultimately collect the unpaid balance (through collection or collateral repossession). </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >&#8220;Delinquent&#8221; receivables are those that are 30 days or more past due based on their contractual terms.</font><font style='font-family:Arial;font-size:9pt;' > </font><font style='font-family:Arial;font-size:9pt;' >Recently restru</font><font style='font-family:Arial;font-size:9pt;' >ctured 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 </font><font style='font-family:Arial;font-size:9pt;' >future payments are reasonably assured of collection.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >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. Loss</font><font style='font-family:Arial;font-size:9pt;' >es 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. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >For larger-balance, non-homogeneous loans and</font><font style='font-family:Arial;font-size:9pt;' > 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</font><font style='font-family:Arial;font-size:9pt;' > collectability. 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 attenti</font><font style='font-family:Arial;font-size:9pt;' >on 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. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Measurement of the loss on our impair</font><font style='font-family:Arial;font-size:9pt;' >ed commercial loans is based on the present value of expected future cash flows discounted at the loan&#8217;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 determ</font><font style='font-family:Arial;font-size:9pt;' >ine whether a loan is collateral dependent if the repayment of the loan is expected to be provided solely by the underlying collateral. After providing for specific incurred losses, we then determine an allowance for losses that have been incurred in the b</font><font style='font-family:Arial;font-size:9pt;' >alance 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</font><font style='font-family:Arial;font-size:9pt;' > and economic conditions. It is prepared by each respective line of business. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >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 &#8220;All ot</font><font style='font-family:Arial;font-size:9pt;' >her assets&#8221; in the Statement of Financial Position and carried at the lower of cost or estimated fair value less costs to sell.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Write-offs on larger-balance impaired commercial loans are based on amounts deemed uncollectible and are reviewed quarterly. Wr</font><font style='font-family:Arial;font-size:9pt;' >ite-offs are determined based on the consideration of many factors, such as expectations of the workout plan or restructuring of the loan, </font><font style='font-family:Arial;font-size:9pt;' >valuation of the collateral and the prioritization of our claim in bankruptcy. Write-offs are recognized against the </font><font style='font-family:Arial;font-size:9pt;' >allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible. If foreclosure is probable, the write-off is determined based on the fair value of the collateral less c</font><font style='font-family:Arial;font-size:9pt;' >osts to sell. Smaller-balance, homogeneous commercial loans are written off at the earlier of when deemed uncollectible or at 180 days past due.</font></p><p style='text-align:left;line-height:12pt;' ></p></div>
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CY2015 us-gaap Income Loss From Continuing Operations
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1663000000 USD
CY2015 ge Weighted Average Number Of Shares Outstanding Diluted
WeightedAverageNumberOfSharesOutstandingDiluted
9944000000 shares
CY2012Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
391000000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-2487000000 USD
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
98000000 shares
CY2013 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
170000000 USD
CY2013 ge Tax On Global Activities Including Exports
TaxOnGlobalActivitiesIncludingExports
-0.114 pure
CY2015 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
13911000000 USD
CY2015 ge Adjustment To Reclass Unrealized Gains To Offset Deferred Acquisition Costs And Present Value Of Future Profits
AdjustmentToReclassUnrealizedGainsToOffsetDeferredAcquisitionCostsAndPresentValueOfFutureProfits
-611000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
720000000 USD
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
97000000 shares
CY2015 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-302000000 USD
CY2015 ge Subsidiaryinvestmentcontractsinsuranceliabilitiesandinsuranceannuitybenefitspolicytextblock
Subsidiaryinvestmentcontractsinsuranceliabilitiesandinsuranceannuitybenefitspolicytextblock
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0pt;' >INVESTMENT</font><font style='font-family:Arial;font-size:10pt;font-weight:bold;' > C</font><font style='font-family:Arial;font-size:10pt;font-weight:bold;' >ONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Our run-off insurance activities include providing insurance and reinsurance for life and health risks and providing certain annuity products. Two primary product </font><font style='font-family:Arial;font-size:9pt;' >types</font><font style='font-family:Arial;font-size:9pt;' > are provided: tradition</font><font style='font-family:Arial;font-size:9pt;' >al insurance contracts and investment contracts. Insurance contracts are contracts with significant mortality and/or morbidity risks, while investment contracts are contracts without such risks.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >For short-duration insurance contracts, including accident</font><font style='font-family:Arial;font-size:9pt;' > and health insurance, we report premiums as earned income over the terms of the related agreements, generally on a pro-rata basis. For traditional long-duration insurance contracts</font><font style='font-family:Arial;font-size:9pt;' >,</font><font style='font-family:Arial;font-size:9pt;' > including long-term care, term, whole life and annuities payable for the </font><font style='font-family:Arial;font-size:9pt;' >life of the annuitant, we report premiums as earned income when due.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Premiums received on investment contracts (including annuities without significant mortality risk) are not reported as revenues but rather as deposit liabilities. We recognize revenues f</font><font style='font-family:Arial;font-size:9pt;' >or charges and assessments on these contracts, mostly for mortality, contract initiation, administration and surrender. Amounts credited to policyholder accounts are charged to expense.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Liabilities for traditional long-duration insurance contracts represe</font><font style='font-family:Arial;font-size:9pt;' >nt the present value of such benefits less the present value of future net premiums based on mortality, morbidity, interest and other assumptions at the time the policies were issued or acquired. Liabilities for investment contracts equal the account value</font><font style='font-family:Arial;font-size:9pt;' >, that is, the amount that accrues to the benefit of the contract or policyholder including credited interest and assessments through the financial statement date. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Liabilities for unpaid claims and estimated claim settlement expenses represent our best e</font><font style='font-family:Arial;font-size:9pt;' >stimate of the ultimate obligations for reported and incurred-but-not-reported claims and the related estimated claim settlement expenses. Liabilities for unpaid claims and estimated claim settlement expenses are continually reviewed and adjusted through c</font><font style='font-family:Arial;font-size:9pt;' >urrent operations.</font></p><p style='text-align:left;line-height:12pt;' ></p></div>
CY2013 us-gaap Financial Services Revenue
FinancialServicesRevenue
9595000000 USD
CY2014Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1199000000 USD
CY2015 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
25000000 USD
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
73600000 shares
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2014 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
70000000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6754000000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
273000000 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
1417000000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
39000000 USD
CY2014 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
33000000 USD
CY2015 ge Effectiveincometaxratereconciliationexpensecharges
Effectiveincometaxratereconciliationexpensecharges
0.773 pure
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
5143000000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-546000000 USD
CY2014Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.4 pure
CY2014 ge Geccpreferredstockfacevalue
Geccpreferredstockfacevalue
0 USD
CY2016Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.06
CY2014Q4 us-gaap Depreciation
Depreciation
1187000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.19
CY2014Q4 ge Cash Accruals Not Included In Schedule Assets Measured For Fair Value On Recurring Basis
CashAccrualsNotIncludedInScheduleAssetsMeasuredForFairValueOnRecurringBasis
6000000 USD
CY2013Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
178000000 USD
CY2014Q4 us-gaap Minority Interest Preferred Stock Amount
MinorityInterestPreferredStockAmount
4949000000 USD
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5461000000 USD
CY2015 us-gaap Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0pt;' >Sales of Goods and Services</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >We record all sales of goods and services only when a firm </font><font style='font-family:Arial;font-size:9pt;' >sales agreement is in place, delivery has occurred or services have been rendered and collectability of the fixed or determinable sales price is reasonably assured.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Arrangements for the sale of goods and services sometimes include multiple components. Mos</font><font style='font-family:Arial;font-size:9pt;' >t of our multiple component arrangements involve the sale of goods and services in the Healthcare segment. Our arrangements with multiple components usually involve an upfront deliverable of large machinery or equipment and future service deliverables such</font><font style='font-family:Arial;font-size:9pt;' > as installation, commissioning, training or the future delivery of ancillary products. In most cases, the relative values of the undelivered components are not significant to the overall arrangement and are typically delivered within three to six months a</font><font style='font-family:Arial;font-size:9pt;' >fter the core product has been delivered. In such agreements, selling price is determined for each component and any difference between the total of the separate selling prices and total contract consideration (i.e., discount) is allocated pro rata across </font><font style='font-family:Arial;font-size:9pt;' >each of the components in the arrangement. The value assigned to each component is objectively determined and obtained primarily from sources such as the separate selling price for that or a similar item or from competitor prices for similar items. If such</font><font style='font-family:Arial;font-size:9pt;' > evidence is not available, we use our best estimate of selling price, which is established consistent with the pricing strategy of the business and considers product configuration, geography, customer type, and other market specific factors. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >Except for </font><font style='font-family:Arial;font-size:9pt;' >goods sold under long-term agreements, we recognize sales of goods under the provisions of U.S. Securities and Exchange Commission (SEC) Staff Accounting Bulletin (SAB) 104, Revenue Recognition. We often sell consumer products and computer hardware and sof</font><font style='font-family:Arial;font-size:9pt;' >tware products with a right of return. We use our accumulated experience to estimate and provide for such returns when we record the sale. In situations where arrangements include customer acceptance provisions based on seller or customer-specified objecti</font><font style='font-family:Arial;font-size:9pt;' >ve criteria, we recognize revenue when we have reliably demonstrated that all specified acceptance criteria have been met or when formal acceptance occurs, respectively. In arrangements where we provide goods for trial and evaluation purposes, we only reco</font><font style='font-family:Arial;font-size:9pt;' >gnize revenue after customer acceptance occurs. Unless otherwise noted, we do not provide for anticipated losses before we record sales.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >We recognize revenue on agreements for sales of goods and services under power generation unit and uprate contracts, n</font><font style='font-family:Arial;font-size:9pt;' >uclear fuel assemblies, larger oil drilling equipment projects, </font><font style='font-family:Arial;font-size:9pt;' >aeroderivative</font><font style='font-family:Arial;font-size:9pt;' > unit contracts, military development contracts, locomotive production contracts, and long-term construction projects, using long-term construction and production contract accoun</font><font style='font-family:Arial;font-size:9pt;' >ting. We estimate total long-term contract revenue net of price concessions as well as total contract costs. For goods sold under power generation unit and uprate contracts, nuclear fuel assemblies, </font><font style='font-family:Arial;font-size:9pt;' >aeroderivative</font><font style='font-family:Arial;font-size:9pt;' > unit contracts, military development contr</font><font style='font-family:Arial;font-size:9pt;' >acts and locomotive production contracts, we recognize sales as we complete major contract-specified deliverables, most often when customers receive title to the goods or accept the services as performed. For larger oil drilling equipment projects and long</font><font style='font-family:Arial;font-size:9pt;' >-term construction projects, we recognize sales based on our progress toward contract completion measured by actual costs incurred in relation to our estimate of total expected costs. We measure long-term contract revenues by applying our contract-specific</font><font style='font-family:Arial;font-size:9pt;' > estimated margin rates to incurred costs. We routinely update our estimates of future costs for agreements in process and report any cumulative effects of such adjustments in current operations. We provide for any loss that we expect to incur on these agr</font><font style='font-family:Arial;font-size:9pt;' >eements when that loss is probable. </font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >We recognize revenue upon deliver</font><font style='font-family:Arial;font-size:9pt;' >y for sales of aircraft engines and</font><font style='font-family:Arial;font-size:9pt;' > military propulsion equipment</font><font style='font-family:Arial;font-size:9pt;' >. Delivery of commercial engines and</font><font style='font-family:Arial;font-size:9pt;' > non-U.S. military equipm</font><font style='font-family:Arial;font-size:9pt;' >ent </font><font style='font-family:Arial;font-size:9pt;' >occurs on shipment; delivery of military propulsion equ</font><font style='font-family:Arial;font-size:9pt;' >ipment sold to the U.S. government or agencies thereof occurs upon receipt of a Material Inspection and Receiving Report, DD&#160;Form&#160;250 or Memorandum of Shipment. Commercial aircraft engines are complex equipment manufactured to customer order under a variet</font><font style='font-family:Arial;font-size:9pt;' >y of sometimes complex, long-term agreements. We measure sales of commercial aircraft engines by applying our contract-specific estimated margin rates to incurred costs. We routinely update our estimates of future revenues and costs for commercial aircraft</font><font style='font-family:Arial;font-size:9pt;' > engine agreements in process and report any cumulative effects of such adjustments in current operations. Significant components of our revenue and cost estimates include price concessions and performance-related guarantees as well as material, labor and </font><font style='font-family:Arial;font-size:9pt;' >overhead costs. We measure revenue for military propulsion equipment and spare parts not subject to long-term product services agreements based on the specific contract on a specifically measured output basis. We provide for any loss that we expect to incu</font><font style='font-family:Arial;font-size:9pt;' >r on these agreements when that loss is probable; consistent with industry practice, for commercial aircraft engines, we make such provision only if such losses are not recoverable from future highly probable sales of spare parts and services for those eng</font><font style='font-family:Arial;font-size:9pt;' >ines.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9pt;margin-left:0pt;' >We sell product services under long-term product maintenance or extended warranty agreements in our Aviation, Power, Oil &amp; Gas and Transportation segments, where costs of performing services are incurred on other than a straight-line basis. We also </font><font style='font-family:Arial;font-size:9pt;' >sell </font><font style='font-family:Arial;font-size:9pt;' >similar long-term </font><font style='font-family:Arial;font-size:9pt;' >product services in our Healthcar</font><font style='font-family:Arial;font-size:9pt;' >e</font><font style='font-family:Arial;font-size:9pt;' > and Renewable Energy segment</font><font style='font-family:Arial;font-size:9pt;' >s</font><font style='font-family:Arial;font-size:9pt;' >, where such costs generally are expected to be on a straight-line basis. For the Aviation, Power, Oil &amp; Gas and Transportation agreements, we recognize related sales ba</font><font style='font-family:Arial;font-size:9pt;' >sed on the extent of our progress toward completion measured by actual costs incurred in relation to total expected costs. We routinely update our estimates of future costs for agreements in process and report any cumulative effects of such adjustments in </font><font style='font-family:Arial;font-size:9pt;' >current operations. For the Healthcare </font><font style='font-family:Arial;font-size:9pt;' >and Renewable Energy </font><font style='font-family:Arial;font-size:9pt;' >agreements, we recognize revenues on a straight-line basis and expense related costs as incurred. We provide for any loss that we expect to incur on any of these agreements when that loss is proba</font><font style='font-family:Arial;font-size:9pt;' >ble.</font></p><p style='text-align:left;line-height:12pt;' ></p></div>
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6421000000 USD
CY2014Q4 ge Investment Contracts Insurance Liabilities Annuity Benefits
InvestmentContractsInsuranceLiabilitiesAnnuityBenefits
27432000000 USD
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.38
CY2013Q4 us-gaap Minority Interest
MinorityInterest
6217000000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2703000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
8844000000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
263000000 USD
CY2014Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
98000000 USD
CY2015Q4 ge Excesssecuritiescollateralheld
Excesssecuritiescollateralheld
107000000 USD
CY2015Q4 us-gaap Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
21156000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
2265000000 USD
CY2013 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
828000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2730000000 USD
CY2012Q4 us-gaap Minority Interest
MinorityInterest
5444000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-25000000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
-6126000000 USD
CY2015 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
0 USD
CY2014 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
23956000000 USD
CY2015 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
12319000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
91017000000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4867000000 USD
CY2015 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
9295000000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
11258000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
98000000 USD
CY2013 us-gaap Research And Development Arrangement With Federal Government Customer Funding To Offset Costs Incurred
ResearchAndDevelopmentArrangementWithFederalGovernmentCustomerFundingToOffsetCostsIncurred
-711000000 USD
CY2015 ge Pension And Postretirement Changes In Other Comprehensive Income
PensionAndPostretirementChangesInOtherComprehensiveIncome
7678000000 USD
CY2015Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000000 USD
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
1649000000 USD
CY2014 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-1218000000 USD
CY2014Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
30496000000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7391000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.94
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.53
CY2015 us-gaap Goodwill Other Changes
GoodwillOtherChanges
-1968000000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
102000000 USD
CY2013Q4 ge Less Cash And Equivalents Of Discontinued Operations
LessCashAndEquivalentsOfDiscontinuedOperations
9617000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.17
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
6000000 USD
CY2015 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
48000000 USD
CY2015Q4 us-gaap Other Minority Interests
OtherMinorityInterests
1864000000 USD
CY2013 ge Interest And Other Financial Charges
InterestAndOtherFinancialCharges
2870000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
707000000 USD
CY2015 ge Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsweightedaverageamortizedoverremainingvestingperiod
Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsweightedaverageamortizedoverremainingvestingperiod
P02Y
CY2015 us-gaap Maximum Length Of Time Foreign Currency Cash Flow Hedge
MaximumLengthOfTimeForeignCurrencyCashFlowHedge
P17Y
CY2015Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
-4326000000 USD
CY2013Q4 ge Partner Funded Rd
PartnerFundedRD
-107000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
2920000000 USD
CY2013 us-gaap Depreciation
Depreciation
5202000000 USD
CY2014 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
8852000000 USD
CY2013 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
16699000000 USD
CY2015 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
5045000000 USD
CY2015 ge Pension And Postretirement Benefit Plan Cost And Changes In Other Comprehensive Income
PensionAndPostretirementBenefitPlanCostAndChangesInOtherComprehensiveIncome
-2633000000 USD
CY2015Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
642000000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
72000000 shares
CY2015Q4 ge Numberofglobaltaxingjurisdictions
Numberofglobaltaxingjurisdictions
300 pure
CY2014 ge Total Effect On Earnings Of Hedges
TotalEffectOnEarningsOfHedges
-740000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
9490000000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2224000000 USD
CY2013 ge Equity Impact Of Sales And Purchases Of Treasury Shares
EquityImpactOfSalesAndPurchasesOfTreasuryShares
-7989000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.45
CY2014 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1901000000 USD
CY2014 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
10045000000 shares
CY2013 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
120000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1591000000 USD
CY2015 ge Repayments And Other Reductions Maturities Longer Than90 Days
RepaymentsAndOtherReductionsMaturitiesLongerThan90Days
47038000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
6183000000 USD
CY2015 ge Incomelossfromdiscontinuedoperationsnetoftaxbasic
Incomelossfromdiscontinuedoperationsnetoftaxbasic
1661000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.17
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.05
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CY2014 us-gaap Sales Revenue Net
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CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
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CY2015Q4 ge Goodwillandintangibleassets
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CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
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CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2015Q4 ge Receivables Net
ReceivablesNet
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CY2015Q4 ge Otherassets1
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CY2015Q4 ge Long Term And Non Recourse Borrowings
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CY2015Q4 ge Other Liabilities1
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CY2014Q4 ge Receivables Net
ReceivablesNet
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CY2014Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2014Q4 ge Goodwillandintangibleassets
Goodwillandintangibleassets
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CY2014Q4 ge Otherassets1
Otherassets1
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OtherCurrentLiabilities
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CY2014Q4 ge Long Term And Non Recourse Borrowings
LongTermAndNonRecourseBorrowings
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CY2014Q4 ge Other Liabilities1
OtherLiabilities1
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CY2015 ge Other Cost And Expenses
OtherCostAndExpenses
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CY2014 ge Other Cost And Expenses
OtherCostAndExpenses
101668000000 USD
CY2013 ge Other Cost And Expenses
OtherCostAndExpenses
98614000000 USD

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