General Electric (GE) 10-Q 2001 Q2 Quarterly report

		Exhibit 12
General Electric Company Ratio of Earnings to Fixed Charges
(Dollars in millions)		Six months ended  June 30, 2001
GE except GECS
Earnings (a)			$9,238
Less:	Equity in undistributed earnings of General Electric
	Capital Services, Inc. (b)		(1,872)
Plus:	Interest and other financial
	charges included in expense		370
	One-third of rental expense (c)		101
Adjusted "earnings"			$7,837
Fixed Charges:
	Interest and other financial charges		$370
	Interest capitalized		4
	One-third of rental expense (c)		101
Total fixed charges			$475
Ratio of earnings to fixed charges			16.50
General Electric Company and consolidated affiliates
Earnings (a)			$10,153
Plus:	Interest and other financial charges
	included in expense		5,856
	One-third of rental expense (c)		258
Adjusted "earnings"			$16,267
Fixed Charges:
	Interest and other financial charges		$5,856
	Interest capitalized		60
	One-third of rental expense (c)		258
Total fixed charges			$6,174
Ratio of earnings to fixed charges			2.63

(a)	Earnings before income taxes, minority interest and cumulative effect of changes in accounting principle.
(b)	Earnings after income taxes, net of dividends, and before cumulative effect of changes in accounting principle.
(c)	Considered to be representative of interest factor in rental expense.