General Electric (GE) 10-Q 28 Jul 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information shares in Thousands	6 Months Ended
	Jun. 30, 2017shares
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Entity Registrant Name	General Electric Company
Trading Symbol	GE
Entity Central Index Key	40,545
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	8,657,946
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,017

STATEMENT OF EARNINGS (LOSS)

STATEMENT OF EARNINGS (LOSS) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016
Revenues and other income
Sales of goods		$ 18,364	$ 18,865	$ 35,176		$ 36,073
Sales of services		8,875	9,163	17,291		17,269
Other income		298	3,150	465		3,158
GE Capital earnings (loss) from continuing operations		0	0	0		0
GE Capital revenues from services		2,022	2,316	4,286		4,838
Total revenues and other income		29,558	33,494	57,219		61,339
Costs and expenses
Cost of goods sold		15,501	15,690	29,991		30,278
Cost of services sold		6,292	6,693	12,162		12,466
Selling, general and administrative expenses		4,287	4,883	8,793		9,491
Interest and other financial charges		1,174	1,326	2,313		3,062
Investment contracts, insurance losses and insurance annuity benefits		657	776	1,291		1,417
Other costs and expenses		133	303	323		562
Total costs and expenses		28,044	29,670	54,872		57,276
Earnings (loss) from continuing operations before income taxes		1,515	3,824	2,346		4,063
Benefit (provision) for income taxes		(15)	(461)	(31)		(284)
Earnings (loss) from continuing operations		1,499	3,363	2,315		3,779
Earnings (loss) from discontinued operations, net of taxes (Note 2)		(146)	(541)	(385)		(849)
Net earnings (loss)		1,354	2,823	1,931		2,930
Less net earnings (loss) attributable to noncontrolling interests		(14)	(86)	(90)		(207)
Net earnings (loss) attributable to the Company		1,367	2,908	2,020		3,137
Preferred stock dividends		(182)	(152)	(216)		(441)
Net earnings (loss) attributable to GE common shareowners		1,185	2,756	1,804		2,695
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations		1,499	3,363	2,315		3,779
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		(21)	(89)	(97)		(210)
Earnings (loss) from continuing operations attributable to the Company		1,520	3,452	2,412		3,989
Preferred stock dividends		(182)	(152)	(216)		(441)
Earnings (loss) from continuing operations attributable to GE common shareowners		1,338	3,300	2,196		3,548
Earnings (loss) from discontinued operations, net of taxes		(146)	(541)	(385)		(849)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		7	3	7		3
Net earnings (loss) attributable to GE common shareowners		$ 1,185	$ 2,756	$ 1,804		$ 2,695
Earnings (loss) from continuing operations
Diluted earnings (loss) per share (in dollars per share)		$ 0.15	$ 0.36	$ 0.25		$ 0.38
Basic earnings (loss) per share (in dollars per share)		0.15	0.36	0.25		0.39
Net earnings (loss)
Diluted earnings (loss) per share (in dollars per share)		0.13	0.30	0.20		0.29
Basic earnings (loss) per share (in dollars per share)		0.14	0.30	0.21		0.29
Dividends declared per common share (in dollars per share)		$ 0.24	$ 0.23	$ 0.48		$ 0.46
GE
Revenues and other income
Sales of goods	[1]	$ 18,426	$ 18,912	$ 35,264		$ 36,124
Sales of services	[1]	8,867	9,238	17,420		17,432
Other income	[1]	300	3,054	437		3,146
GE Capital earnings (loss) from continuing operations	[1]	(172)	(600)	(219)		(1,492)
GE Capital revenues from services	[1]	0	0	0		0
Total revenues and other income	[1]	27,421	30,604	52,902		55,210
Costs and expenses
Cost of goods sold	[1]	15,571	15,742	30,092		30,339
Cost of services sold	[1]	5,757	6,216	11,210		11,509
Selling, general and administrative expenses	[1]	3,919	4,231	7,939		8,214
Interest and other financial charges	[1]	637	567	1,200		1,007
Investment contracts, insurance losses and insurance annuity benefits	[1]	0	0	0		0
Other costs and expenses	[1]	0	0	0		0
Total costs and expenses	[1]	25,883	26,756	50,441		51,069
Earnings (loss) from continuing operations before income taxes	[1]	1,538	3,847	2,461		4,141
Benefit (provision) for income taxes	[1]	(218)	(629)	(361)		(793)
Earnings (loss) from continuing operations	[1]	1,320	3,218	2,100		3,349
Earnings (loss) from discontinued operations, net of taxes (Note 2)	[1]	(152)	(544)	(392)		(852)
Net earnings (loss)	[1]	1,167	2,674	1,708	[2]	2,496	[2]
Less net earnings (loss) attributable to noncontrolling interests	[1]	(18)	(82)	(96)	[2]	(199)	[2]
Net earnings (loss) attributable to the Company	[1]	1,185	2,756	1,804	[2]	2,695	[2]
Preferred stock dividends	[1]	0	0	0		0
Net earnings (loss) attributable to GE common shareowners	[1]	1,185	2,756	1,804		2,695
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations	[1]	1,320	3,218	2,100		3,349
Less net earnings (loss) attributable to noncontrolling interests, continuing operations	[1]	(18)	(82)	(96)		(199)
Earnings (loss) from continuing operations attributable to the Company	[1]	1,338	3,300	2,196		3,548
Preferred stock dividends	[1]	0	0	0		0
Earnings (loss) from continuing operations attributable to GE common shareowners	[1]	1,338	3,300	2,196		3,548
Earnings (loss) from discontinued operations, net of taxes	[1]	(152)	(544)	(392)	[2]	(852)	[2]
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations	[1]	0	0	0		0
Net earnings (loss) attributable to GE common shareowners	[1]	1,185	2,756	1,804		2,695
Financial Services (GE Capital)
Revenues and other income
Sales of goods		33	29	62		54
Sales of services		0	0	0		0
Other income		0	0	0		0
GE Capital earnings (loss) from continuing operations		0	0	0		0
GE Capital revenues from services		2,413	2,742	5,065		5,602
Total revenues and other income		2,446	2,771	5,127		5,656
Costs and expenses
Cost of goods sold		27	24	50		44
Cost of services sold		520	552	1,082		1,120
Selling, general and administrative expenses		498	733	1,073		1,607
Interest and other financial charges		771	958	1,582		2,389
Investment contracts, insurance losses and insurance annuity benefits		682	815	1,318		1,486
Other costs and expenses		144	313	358		581
Total costs and expenses		2,641	3,394	5,461		7,227
Earnings (loss) from continuing operations before income taxes		(195)	(623)	(334)		(1,571)
Benefit (provision) for income taxes		202	168	330		509
Earnings (loss) from continuing operations		7	(454)	(4)		(1,062)
Earnings (loss) from discontinued operations, net of taxes (Note 2)		(146)	(541)	(388)		(849)
Net earnings (loss)		(138)	(995)	(392)		(1,911)
Less net earnings (loss) attributable to noncontrolling interests		4	(4)	6		(8)
Net earnings (loss) attributable to the Company		(142)	(991)	(398)		(1,903)
Preferred stock dividends		(182)	(152)	(216)		(441)
Net earnings (loss) attributable to GE common shareowners		(324)	(1,143)	(614)		(2,344)
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations		7	(454)	(4)		(1,062)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		(3)	(7)	(1)		(11)
Earnings (loss) from continuing operations attributable to the Company		10	(448)	(3)		(1,051)
Preferred stock dividends		(182)	(152)	(216)		(441)
Earnings (loss) from continuing operations attributable to GE common shareowners		(172)	(600)	(219)		(1,492)
Earnings (loss) from discontinued operations, net of taxes		(146)	(541)	(388)		(849)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		7	3	7		3
Net earnings (loss) attributable to GE common shareowners		$ (324)	$ (1,143)	$ (614)		$ (2,344)
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[2]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis.

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 1,354	$ 2,823	$ 1,931	$ 2,930
Less net earnings (loss) attributable to noncontrolling interests	(14)	(86)	(90)	(207)
Net earnings (loss) attributable to the Company	1,367	2,908	2,020	3,137
Other comprehensive income (loss)
Investment securities	243	397	191	617
Currency translation adjustments	525	55	1,341	57
Cash flow hedges	(10)	(25)	9	30
Benefit plans	560	382	1,610	933
Other comprehensive income (loss)	1,318	810	3,151	1,636
Less other comprehensive income (loss) attributable to noncontrolling interests	1	3	7	6
Other comprehensive income (loss) attributable to the Company	1,317	807	3,144	1,631
Comprehensive income (loss)	2,672	3,633	5,082	4,566
Less comprehensive income (loss) attributable to noncontrolling interests	(13)	(82)	(83)	(201)
Comprehensive income (loss) attributable to the Company	$ 2,685	$ 3,715	$ 5,164	$ 4,767

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREOWNERS' EQUITY $ in Millions	USD ($)
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	$ 1,864
Beginning balance at Dec. 31, 2015	98,274
Increase (Decrease) in Stockholders' Equity
Net earnings (loss) attributable to the Company	3,137
Dividends and other transactions with shareowners	(4,680)
Redemption value adjustment for redeemable noncontrolling interests	(110)
Other comprehensive income (loss) attributable to the Company	1,631
Net sales (purchases) of shares for treasury	(12,585)
Changes in other capital	(674)
Ending balance at Jun. 30, 2016	84,991
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	1,667
Net earnings (loss) attributable to the Company	2,908
Other comprehensive income (loss) attributable to the Company	807
Ending balance at Jun. 30, 2016	84,991
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	1,693
Total equity	86,684
Noncontrolling interests	1,663	[1]
Total equity	77,491
Beginning balance at Dec. 31, 2016	75,828	[2]
Increase (Decrease) in Stockholders' Equity
Net earnings (loss) attributable to the Company	2,020
Dividends and other transactions with shareowners	(4,393)
Redemption value adjustment for redeemable noncontrolling interests	(114)
Other comprehensive income (loss) attributable to the Company	3,144
Net sales (purchases) of shares for treasury	(2,579)
Changes in other capital	244
Ending balance at Jun. 30, 2017	74,148	[2]
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	1,639
Net earnings (loss) attributable to the Company	1,367
Other comprehensive income (loss) attributable to the Company	1,317
Ending balance at Jun. 30, 2017	74,148	[2]
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	1,634	[1]
Total equity	$ 75,783
[1]	Included AOCI attributable to noncontrolling interests of $(271) million and $(278) million at June 30, 2017 and December 31, 2016, respectively.
[2]	The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(15,454) million and $(18,598) million at June 30, 2017 and December 31, 2016, respectively.

STATEMENT OF FINANCIAL POSITION

STATEMENT OF FINANCIAL POSITION - USD ($) $ in Millions		Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and equivalents		$ 44,049	$ 48,129
Investment securities (Note 3)		39,968	44,313
Current receivables (Note 4)		21,447	24,076
Inventories (Note 5)		22,843	22,354
Financing receivables – net (Note 6)		12,149	12,242
Other GE Capital receivables		6,156	5,944
Property, plant and equipment – net (Note 7)		50,167	50,518
Receivable from GE Capital (debt assumption)		0	0
Investment in GE Capital		0	0
Goodwill (Note 8)		72,335	70,438
Other intangible assets – net (Note 8)		16,929	16,436
Contract assets (Note 9)		28,924	25,162
All other assets		27,318	27,176
Deferred income taxes, assets (Note 13)		1,241	1,833
Assets of businesses held for sale (Note 2)		4,096	1,745
Assets of discontinued operations (Note 2)		7,850	14,815
Total assets	[1]	355,473	365,183
Liabilities and equity
Short-term borrowings (Note 10)		30,044	30,714
Accounts payable, principally trade accounts		13,283	14,435
Progress collections and price adjustments accrued		17,162	16,760
Dividends payable		2,090	2,107
Other GE current liabilities		16,755	17,564
Non-recourse borrowings of consolidated securitization entities (Note 10)		682	417
Long-term borrowings (Note 10)		103,676	105,080
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11)		26,471	26,086
Non-current compensation and benefits		42,621	43,780
All other liabilities		21,607	22,912
Liabilities of businesses held for sale (Note 2)		1,195	656
Liabilities of discontinued operations (Note 2)	[1]	911	4,158
Total Liabilities		276,498	284,668
Redeemable noncontrolling interests (Note 14)		3,193	3,025
Preferred stock (5,944,250 shares outstanding at both June 30, 2017 and December 31, 2016)		6	6
Common stock (8,657,946,000 and 8,742,614,000 shares outstanding at June 30, 2017 and December 31, 2016, respectively)		702	702
Accumulated other comprehensive income (loss) – net attributable to GE
Investment securities	[2]	866	674
Currency translation adjustments	[2]	(5,481)	(6,816)
Cash flow hedges	[2]	22	12
Benefit plans	[2]	(10,860)	(12,469)
Other capital	[2]	37,468	37,224
Retained earnings	[2]	137,044	139,532
Less common stock held in treasury	[2]	(85,617)	(83,038)
Total GE shareowners’ equity	[2]	74,148	75,828
Noncontrolling interests (Note 14)	[3]	1,634	1,663
Total equity		75,783	77,491
Total liabilities, redeemable noncontrolling interests and equity		355,473	365,183
GE
Assets
Cash and equivalents	[4]	14,220	10,525
Investment securities (Note 3)	[4]	162	137
Current receivables (Note 4)	[4]	11,697	12,715
Inventories (Note 5)	[4]	22,754	22,263
Financing receivables – net (Note 6)	[4]	0	0
Other GE Capital receivables	[4]	0	0
Property, plant and equipment – net (Note 7)	[4]	19,593	19,103
Receivable from GE Capital (debt assumption)	[4],[5]	48,216	58,780
Investment in GE Capital	[4]	20,729	24,677
Goodwill (Note 8)	[4]	69,966	68,070
Other intangible assets – net (Note 8)	[4]	16,655	16,131
Contract assets (Note 9)	[4]	28,924	25,162
All other assets	[4]	13,411	12,007
Deferred income taxes, assets (Note 13)	[4]	6,638	6,666
Assets of businesses held for sale (Note 2)	[4]	3,816	1,629
Assets of discontinued operations (Note 2)	[4]	0	9
Total assets	[4]	276,782	277,874
Liabilities and equity
Short-term borrowings (Note 10)	[4],[5]	20,331	20,482
Accounts payable, principally trade accounts	[4]	19,384	20,876
Progress collections and price adjustments accrued	[4]	17,292	16,838
Dividends payable	[4]	2,090	2,107
Other GE current liabilities	[4]	16,755	17,564
Non-recourse borrowings of consolidated securitization entities (Note 10)	[4]	0	0
Long-term borrowings (Note 10)	[4],[5]	61,611	58,810
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11)	[4]	0	0
Non-current compensation and benefits	[4]	41,573	42,770
All other liabilities	[4]	17,838	17,506
Liabilities of businesses held for sale (Note 2)	[4]	1,195	656
Liabilities of discontinued operations (Note 2)	[4]	23	35
Total Liabilities	[4]	198,091	197,644
Redeemable noncontrolling interests (Note 14)	[4]	3,193	3,025
Preferred stock (5,944,250 shares outstanding at both June 30, 2017 and December 31, 2016)	[4]	6	6
Common stock (8,657,946,000 and 8,742,614,000 shares outstanding at June 30, 2017 and December 31, 2016, respectively)	[4]	702	702
Accumulated other comprehensive income (loss) – net attributable to GE
Investment securities	[4]	866	674
Currency translation adjustments	[4]	(5,481)	(6,816)
Cash flow hedges	[4]	22	12
Benefit plans	[4]	(10,860)	(12,469)
Other capital	[4]	37,468	37,224
Retained earnings	[4]	137,044	139,532
Less common stock held in treasury	[4]	(85,617)	(83,038)
Total GE shareowners’ equity	[4]	74,148	75,828
Noncontrolling interests (Note 14)	[4]	1,349	1,378
Total equity	[4]	75,498	77,205
Total liabilities, redeemable noncontrolling interests and equity	[4]	276,782	277,874
Financial Services (GE Capital)
Assets
Cash and equivalents		29,829	37,604
Investment securities (Note 3)		39,809	44,180
Current receivables (Note 4)		0	0
Inventories (Note 5)		89	91
Financing receivables – net (Note 6)		24,696	26,041
Other GE Capital receivables		15,996	15,576
Property, plant and equipment – net (Note 7)		31,491	32,225
Receivable from GE Capital (debt assumption)	[5]	0	0
Investment in GE Capital		0	0
Goodwill (Note 8)		2,369	2,368
Other intangible assets – net (Note 8)		275	305
Contract assets (Note 9)		0	0
All other assets		13,445	14,608
Deferred income taxes, liabilities (Note 13)		(5,398)	(4,833)
Assets of businesses held for sale (Note 2)		0	0
Assets of discontinued operations (Note 2)		7,850	14,806
Total assets		160,452	182,970
Liabilities and equity
Short-term borrowings (Note 10)	[5]	23,373	23,443
Accounts payable, principally trade accounts		1,723	1,605
Progress collections and price adjustments accrued		0	0
Dividends payable		0	0
Other GE current liabilities		0	0
Non-recourse borrowings of consolidated securitization entities (Note 10)		682	417
Long-term borrowings (Note 10)	[5]	78,852	93,443
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11)		27,016	26,546
Non-current compensation and benefits		1,040	1,001
All other liabilities		5,863	7,430
Liabilities of businesses held for sale (Note 2)		0	0
Liabilities of discontinued operations (Note 2)		888	4,123
Total Liabilities		139,438	158,008
Redeemable noncontrolling interests (Note 14)		0	0
Preferred stock (5,944,250 shares outstanding at both June 30, 2017 and December 31, 2016)		6	6
Common stock (8,657,946,000 and 8,742,614,000 shares outstanding at June 30, 2017 and December 31, 2016, respectively)		0	0
Accumulated other comprehensive income (loss) – net attributable to GE
Investment securities		857	656
Currency translation adjustments		(270)	(740)
Cash flow hedges		10	43
Benefit plans		(556)	(622)
Other capital		12,737	12,669
Retained earnings		7,945	12,664
Less common stock held in treasury		0	0
Total GE shareowners’ equity		20,729	24,677
Noncontrolling interests (Note 14)		285	285
Total equity		21,014	24,962
Total liabilities, redeemable noncontrolling interests and equity		$ 160,452	$ 182,970
[1]	Our consolidated assets at June 30, 2017 included total assets of $5,851 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets included current receivables and net financing receivables of $1,445 million and investment securities of $1,004 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at June 30, 2017 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $(682) million within continuing operations. See Note 17.
[2]	The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(15,454) million and $(18,598) million at June 30, 2017 and December 31, 2016, respectively.
[3]	Included AOCI attributable to noncontrolling interests of $(271) million and $(278) million at June 30, 2017 and December 31, 2016, respectively.
[4]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[5]	In 2015, senior unsecured notes and commercial paper were assumed by GE upon its merger with GE Capital, resulting in an intercompany receivable and payable between GE and GE Capital. See Note 10.

STATEMENT OF FINANCIAL POSITIO6

STATEMENT OF FINANCIAL POSITION (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, shares outstanding	5,944,250	5,944,250
Common stock, shares outstanding	8,657,946,000	8,742,614,000
Total assets of certain variable interest entities	$ 5,851
Sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company	(15,454)	$ (18,598)
AOCI attributable to noncontrolling interests	75,783	77,491
Attributable to noncontrolling interests
AOCI attributable to noncontrolling interests	(271)	$ (278)
Current receivables and net financing receivables
Total assets of certain variable interest entities	1,445
Investment securities
Total assets of certain variable interest entities	1,004
Assets of discontinued operations
Total assets of certain variable interest entities	285
Non-recourse borrowings of consolidated securitization entities (CSEs)
Non-recourse borrowings of consolidated securitization entities (CSEs) within continuing operations	$ (682)

STATEMENT OF CASH FLOWS

STATEMENT OF CASH FLOWS - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016
Cash flows – operating activities
Net earnings (loss)		$ 1,931	$ 2,930
Less net earnings (loss) attributable to noncontrolling interests		(90)	(207)
Net earnings (loss) attributable to the Company		2,020	3,137
(Earnings) loss from discontinued operations		385	849
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment		2,318	2,505
(Earnings) loss from continuing operations retained by GE Capital		0	0
Deferred income taxes		(170)	672
Decrease (increase) in GE current receivables		2,385	1,879
Decrease (increase) in inventories		(598)	(2,629)
Increase (decrease) in accounts payable		(729)	132
Increase (decrease) in GE progress collections		(32)	510
All other operating activities		(2,190)	(5,040)
Cash from (used for) operating activities – continuing operations		3,389	2,014
Cash from (used for) operating activities – discontinued operations		(895)	(4,849)
Cash from (used for) operating activities		2,494	(2,835)
Cash flows – investing activities
Additions to property, plant and equipment		(3,470)	(3,052)
Dispositions of property, plant and equipment		2,343	1,222
Net decrease (increase) in GE Capital financing receivables		1,053	(1,146)
Proceeds from sale of discontinued operations		789	42,874
Proceeds from principal business dispositions		145	5,609
Net cash from (payments for) principal businesses purchased		(2,643)	(206)
All other investing activities		5,866	(2,887)
Cash from (used for) investing activities – continuing operations		4,083	42,414
Cash from (used for) investing activities – discontinued operations		(1,922)	(10,646)
Cash from (used for) investing activities		2,161	31,768
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)		812	758
Newly issued debt (maturities longer than 90 days)		9,036	855
Repayments and other debt reductions (maturities longer than 90 days)		(13,905)	(45,467)
Net dispositions (purchases) of GE shares for treasury		(2,732)	(14,292)
Dividends paid to shareowners		(4,332)	(4,508)
All other financing activities		(968)	(109)
Cash from (used for) financing activities – continuing operations		(12,089)	(62,763)
Cash from (used for) financing activities – discontinued operations		1,909	(711)
Cash from (used for) financing activities		(10,181)	(63,474)
Effect of currency exchange rate changes on cash and equivalents		538	(24)
Increase (decrease) in cash and equivalents		(4,988)	(34,565)
Cash and equivalents at beginning of year		49,558	90,878
Cash and equivalents at June 30		44,571	56,313
Less cash and equivalents of discontinued operations at June 30		522	4,190
Cash and equivalents of continuing operations at June 30		44,049	52,123
GE
Cash flows – operating activities
Net earnings (loss)	[1],[2]	1,708	2,496
Less net earnings (loss) attributable to noncontrolling interests	[1],[2]	(96)	(199)
Net earnings (loss) attributable to the Company	[1],[2]	1,804	2,695
(Earnings) loss from discontinued operations	[1],[2]	392	852
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment	[1]	1,192	1,300
(Earnings) loss from continuing operations retained by GE Capital	[1],[3]	4,242	12,496
Deferred income taxes	[1]	(222)	293
Decrease (increase) in GE current receivables	[1]	929	280
Decrease (increase) in inventories	[1]	(592)	(2,623)
Increase (decrease) in accounts payable	[1]	(1,001)	(30)
Increase (decrease) in GE progress collections	[1]	21	510
All other operating activities	[1]	(3,180)	(5,007)
Cash from (used for) operating activities – continuing operations	[1]	3,585	10,767
Cash from (used for) operating activities – discontinued operations	[1]	0	0
Cash from (used for) operating activities	[1]	3,585	10,767
Cash flows – investing activities
Additions to property, plant and equipment	[1]	(2,135)	(1,940)
Dispositions of property, plant and equipment	[1]	749	539
Net decrease (increase) in GE Capital financing receivables	[1]	0	0
Proceeds from sale of discontinued operations	[1]	0	0
Proceeds from principal business dispositions	[1]	145	4,836
Net cash from (payments for) principal businesses purchased	[1]	(2,643)	(206)
All other investing activities	[1]	(800)	(1,054)
Cash from (used for) investing activities – continuing operations	[1]	(4,684)	2,175
Cash from (used for) investing activities – discontinued operations	[1]	0	0
Cash from (used for) investing activities	[1]	(4,684)	2,175
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	[1]	469	601
Newly issued debt (maturities longer than 90 days)	[1]	12,780	5,126
Repayments and other debt reductions (maturities longer than 90 days)	[1]	(1,529)	(179)
Net dispositions (purchases) of GE shares for treasury	[1]	(2,732)	(14,292)
Dividends paid to shareowners	[1]	(4,184)	(4,324)
All other financing activities	[1]	(271)	(186)
Cash from (used for) financing activities – continuing operations	[1]	4,533	(13,256)
Cash from (used for) financing activities – discontinued operations	[1]	0	0
Cash from (used for) financing activities	[1]	4,533	(13,256)
Effect of currency exchange rate changes on cash and equivalents	[1]	261	(127)
Increase (decrease) in cash and equivalents	[1]	3,695	(440)
Cash and equivalents at beginning of year	[1]	10,525	10,372
Cash and equivalents at June 30	[1]	14,220	9,931
Less cash and equivalents of discontinued operations at June 30	[1]	0	0
Cash and equivalents of continuing operations at June 30	[1]	14,220	9,931
Financial Services (GE Capital)
Cash flows – operating activities
Net earnings (loss)		(392)	(1,911)
Less net earnings (loss) attributable to noncontrolling interests		6	(8)
Net earnings (loss) attributable to the Company		(398)	(1,903)
(Earnings) loss from discontinued operations		388	849
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment		1,127	1,191
(Earnings) loss from continuing operations retained by GE Capital	[3]	0	0
Deferred income taxes		52	379
Decrease (increase) in GE current receivables		0	0
Decrease (increase) in inventories		(9)	6
Increase (decrease) in accounts payable		(117)	10
Increase (decrease) in GE progress collections		0	0
All other operating activities		921	(91)
Cash from (used for) operating activities – continuing operations		1,964	440
Cash from (used for) operating activities – discontinued operations		(894)	(4,848)
Cash from (used for) operating activities		1,069	(4,408)
Cash flows – investing activities
Additions to property, plant and equipment		(1,704)	(1,264)
Dispositions of property, plant and equipment		1,829	865
Net decrease (increase) in GE Capital financing receivables		2,824	1,191
Proceeds from sale of discontinued operations		789	42,874
Proceeds from principal business dispositions		0	0
Net cash from (payments for) principal businesses purchased		0	0
All other investing activities		4,119	(6,345)
Cash from (used for) investing activities – continuing operations		7,857	37,321
Cash from (used for) investing activities – discontinued operations		(1,922)	(10,646)
Cash from (used for) investing activities		5,935	26,675
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)		332	31
Newly issued debt (maturities longer than 90 days)		356	715
Repayments and other debt reductions (maturities longer than 90 days)		(13,705)	(45,288)
Net dispositions (purchases) of GE shares for treasury		0	0
Dividends paid to shareowners		(4,164)	(11,184)
All other financing activities		(692)	(57)
Cash from (used for) financing activities – continuing operations		(17,872)	(55,783)
Cash from (used for) financing activities – discontinued operations		1,909	(711)
Cash from (used for) financing activities		(15,964)	(56,494)
Effect of currency exchange rate changes on cash and equivalents		277	103
Increase (decrease) in cash and equivalents		(8,683)	(34,124)
Cash and equivalents at beginning of year		39,033	80,506
Cash and equivalents at June 30		30,351	46,382
Less cash and equivalents of discontinued operations at June 30		522	4,190
Cash and equivalents of continuing operations at June 30		$ 29,829	$ 42,192
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis.
[2]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[3]	Represents GE Capital earnings/loss from continuing operations attributable to the Company, net of GE Capital dividends paid to GE.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION The accompanying consolidated financial statements represent the consolidation of General Electric Company (the Company) and all companies that we directly or indirectly control, either through majority ownership or otherwise. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2016 that discusses our consolidation and financial statement presentation. As used in this report on Form 10-Q (Report), “GE” represents the adding together of all affiliated companies except GE Capital (GE Capital or Financial Services), whose continuing operations are presented on a one-line basis; GE Capital consists of General Capital Global Holdings, LLC (GECGH) and all of its affiliates; and “Consolidated” represents the adding together of GE and GE Capital with the effects of transactions between the two eliminated. Unless otherwise indicated, we refer to the caption revenues and other income simply as “revenues” throughout this Form 10-Q. We have reclassified certain prior-period amounts to conform to the current-period presentation. Certain columns and rows may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in millions. Unless otherwise indicated, information in these notes to the consolidated financial statements relates to continuing operations. INTERIM PERIOD PRESENTATION The consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. It is suggested that these consolidated financial statements be read in conjunction with the financial statements and notes thereto included in our consolidated financial statements of our Annual Report on Form 10-K for the year ended December 31, 2016. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Please refer to Note 1, Basis of Presentation and Summary of Significant Accounting Policies, to the consolidated financial statements of our 2016 Form 10-K Report for the discussion of our significant accounting policies. ACCOUNTING CHANGES On January 1, 2017, we adopted ASU 2015-11, Simplifying the Measurement of Inventory , which was intended to simplify the subsequent measurement of inventory held by an entity not measured using last-in, first-out (LIFO) or retail inventory method. The amendments eliminated the requirement that entities consider the replacement cost of inventory and the net realizable value less a normal profit margin, which was historically used to establish a floor and ceiling for an assessment of market value. The adoption of this standard was immaterial to our financial statements. On September 30, 2016, we adopted ASU 2016-09, Improvements to Employee Share-Based Payment Accounting , which was intended to simplify several aspects of the accounting for employee share-based payment transactions including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. We adopted the standard on a prospective basis with the effect of adoption reflected for the interim periods after the year beginning January 1, 2016 as required by the standard. The primary effects of adoption were the recognition of excess tax benefits in our provision for income taxes rather than paid-in capital and the reclassification of cash flows related to excess tax benefits from a financing activity to an operating activity for the periods beginning January 1, 2016. We will continue to estimate the number of awards that are expected to vest in our determination of the related periodic compensation cost. As a result of the adoption, our provision for income taxes decreased by $41 million and $97 million for the three and nine months ended September 30, 2016, respectively for the excess tax benefits related to share-based payments in its provision for income taxes. Application of the cash flow presentation requirements from January 1, 2016, resulted in an increase in cash from operating activities and an offsetting decrease in cash from financing activities of $59 million and $137 million for the three and nine months ended September 30, 2016, respectively. Additionally, as the adoption of the standard was reflected as of the beginning of 2016, the benefit for income taxes increased $ 19 million and $56 million for the three and six months ended June 30, 2016 , respectively, and cash flow from operating activities increased by $ 78 million with an offsetting decrease in cash from financing activities for the six months ended June 30, 2016 .

BUSINESSES HELD FOR SALE AND DI

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS	6 Months Ended
	Jun. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS	BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE In the first quarter of 2017, we classified our Industrial Solutions business within our Energy Connections & Lighting segment with assets of $2,120 million and liabilities of $ 546 million, as held for sale. We expect to complete the sale of the business by the end of the first quarter of 2018. In the fourth quarter of 2016, we classified our Water business within our Power segment with assets of $1,696 million and liabilities of $ 648 million, as held for sale. In March 2017, we signed an agreement with Suez Environnement S.A. (Suez) to sell the business for $ 3,415 million. The deal is expected to close in the second half of 2017, subject to customary closing conditions and regulatory approval. FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE (In millions) June 30, 2017 December 31, 2016 Assets Current receivables(a) $ 698 $ 366 Inventories 579 211 Property, plant, and equipment – net 1,034 632 Goodwill 1,258 212 Other intangible assets – net 237 123 Contract assets 195 125 Other 96 76 Assets of businesses held for sale $ 4,096 $ 1,745 Liabilities Accounts payable $ 394 $ 190 Progress collections and price adjustments accrued 155 141 Other current liabilities 264 133 Non-current compensation and benefits 219 82 Other 162 110 Liabilities of businesses held for sale $ 1,195 $ 656 (a) Included transactions in our industrial businesses that were made on an arms-length basis with GE Capital, consisting of GE customer receivables sold to GE Capital of $ 280 million and $ 117 million at June 30, 2017 and December 31, 2016 , respectively. These intercompany balances included within our held for sale businesses are reported in the GE and GE Capital columns of our financial statements, but are eliminated in deriving our consolidated financial statements. DISCONTINUED OPERATIONS Discontinued operations primarily relate to our financial services businesses as a result of the GE Capital Exit Plan and includes our U.S. mortgage business (WMC). All of these operations were previously reported in the Capital segment. Results of operations, financial position and cash flows for these businesses are separately reported as discontinued operations for all periods presented. We have entered into Transitional Service Agreements (TSA) with and provided certain indemnifications to buyers of GE Capital’s assets. Under the TSAs, GE Capital provides various services for terms generally between 12 and 24 months and receives a level of cost reimbursement from the buyers. See Note 18 for further information about indemnifications. FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Operations Total revenues and other income (loss) $ 9 $ 568 $ 88 $ 1,861 Earnings (loss) from discontinued operations before income taxes $ (216 ) $ (240 ) $ (412 ) $ (160 ) Benefit (provision) for income taxes (a) 66 170 128 182 Earnings (loss) from discontinued operations, net of taxes $ (150 ) $ (70 ) $ (284 ) $ 22 Disposal Gain (loss) on disposal before income taxes $ 8 $ (295 ) $ (19 ) $ (540 ) Benefit (provision) for income taxes (a) (3 ) (177 ) (81 ) (331 ) Gain (loss) on disposal, net of taxes $ 4 $ (472 ) $ (100 ) $ (871 ) Earnings (loss) from discontinued operations, net of taxes(b)(c) $ (146 ) $ (541 ) $ (385 ) $ (849 ) (a) GE Capital's total tax benefit (provision) for discontinued operations and disposals included current tax benefit (provision) of $253 million and $(47) million for the three months ended June 30, 2017 and 2016 , respectively, and $(323) million and $(881) million for the six months ended June 30, 2017 and 2016 , respectively, including current U.S. Federal tax benefit (provision) of $68 million and $29 million for the three months ended June 30, 2017 and 2016 , respectively, and $(519) million and $(471) million for the six months ended June 30, 2017 and June 30, 2016, respectively. The deferred tax benefit (provision) was $(190) million and $40 million for the three months ended June 30, 2017 and 2016 , respectively, and $370 million and $732 million for the six months ended June 30, 2017 and June 30, 2016, respectively. (b) The sum of GE Industrial earnings (loss) from discontinued operations, net of taxes, and GE Capital earnings (loss) from discontinued operations, net of taxes, after adjusting for earnings (loss) attributable to noncontrolling interests related to discontinued operations, is reported within earnings (loss) from discontinued operations, net of taxes, in the GE Industrial column of the Consolidated Statement of Earnings (Loss). (c) Earnings (loss) from discontinued operations attributable to the Company, before income taxes, was $(215) million and $(537) million for the three months ended June 30, 2017 and 2016 , respectively, and $(438) million and $(703) million for the six months ended June 30, 2017 and 2016, respectively. (In millions) June 30, 2017 December 31, 2016 Assets Cash and equivalents $ 522 $ 1,429 Investment securities 1,729 2,626 Deferred income taxes 950 487 Financing receivables held for sale 3,711 8,547 Other assets 938 1,727 Assets of discontinued operations $ 7,850 $ 14,815 Liabilities Accounts payable 87 164 Borrowings — 2,076 Other liabilities 825 1,918 Liabilities of discontinued operations $ 911 $ 4,158

INVESTMENT SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	INVESTMENT SECURITIES Substantially all of our investment securities are classified as available-for-sale and comprise mainly investment-grade debt securities supporting obligations to annuitants and policyholders in our run-off insurance operations. We do not have any securities classified as held-to-maturity. June 30, 2017 December 31, 2016 (In millions) Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value (a) Amortized Gross Gross Estimated (a) Debt U.S. corporate $ 20,129 $ 3,550 $ (50 ) $ 23,629 $ 20,049 $ 3,081 $ (85 ) $ 23,046 Non-U.S. corporate 7,106 95 (19 ) 7,182 11,917 98 (27 ) 11,987 State and municipal 3,934 504 (67 ) 4,371 3,916 412 (92 ) 4,236 Mortgage and asset-backed 2,738 103 (20 ) 2,821 2,787 111 (37 ) 2,861 Government and agencies 1,664 99 (2 ) 1,761 1,842 160 (26 ) 1,976 Equity (b) 171 34 (2 ) 204 154 55 (1 ) 208 Total $ 35,743 $ 4,384 $ (159 ) $ 39,968 $ 40,665 $ 3,917 $ (269 ) $ 44,313 (a) Includes $162 million and $137 million of investment securities held by GE at June 30, 2017 and December 31, 2016, respectively, of which $107 million and $86 million are equity securities. (b) Estimated fair values include $75 million and $17 million of trading securities at June 30, 2017 and December 31, 2016, respectively. Net unrealized gains (losses) recorded to earnings related to these securities were $29 million and an insignificant amount for the three months ended and $29 million and $(2) million for the six months ended June 30, 2017 and 2016, respectively. Investments with a fair value of $4,206 million and $4,406 million were classified within Level 3 (significant inputs to the valuation model are unobservable) at June 30, 2017 and December 31, 2016, respectively. The remaining investments are substantially all classified within Level 2 (determined based on significant observable inputs). During the six months ended June 30, 2017 and 2016, there were no significant transfers into or out of Level 3. ESTIMATED FAIR VALUE AND GROSS UNREALIZED LOSSES OF AVAILABLE-FOR-SALE INVESTMENT SECURITIES In loss position for Less than 12 months 12 months or more (In millions) Estimated fair value Gross unrealized losses Estimated Gross June 30, 2017 Debt U.S. corporate $ 957 $ (39 ) $ 233 $ (11 ) Non-U.S. corporate 5,102 (15 ) 12 (4 ) State and municipal 210 (15 ) 156 (52 ) Mortgage and asset-backed 856 (18 ) 42 (2 ) Government and agencies 437 (2 ) — — Equity 9 (2 ) — — Total $ 7,571 $ (90 ) $ 443 $ (69 ) December 31, 2016 Debt U.S. corporate $ 1,692 $ (55 ) $ 359 $ (30 ) Non-U.S. corporate 5,352 (26 ) 14 (1 ) State and municipal 674 (27 ) 158 (64 ) Mortgage and asset-backed 822 (21 ) 132 (16 ) Government and agencies 549 (26 ) — — Equity 9 (1 ) — — Total $ 9,098 $ (157 ) $ 663 $ (111 ) Unrealized losses are not indicative of the amount of credit loss that would be recognized and at June 30, 2017 are primarily due to increases in market yields subsequent to our purchase of the securities. We presently do not intend to sell the vast majority of our debt securities that are in an unrealized loss position and believe that it is not more likely than not that we will be required to sell the vast majority of these securities before anticipated recovery of our amortized cost. The methodologies and significant inputs used to measure the amount of credit loss for our investment securities during 2017 have not changed. Total pre-tax, other-than-temporary impairments on investment securities recognized in earnings were an insignificant amount and $18 million for the six months ended June 30, 2017 and 2016, respectively. CONTRACTUAL MATURITIES OF INVESTMENT IN AVAILABLE-FOR-SALE DEBT SECURITIES (EXCLUDING MORTGAGE AND ASSET-BACKED SECURITIES) (In millions) Amortized cost Estimated fair value Due Within one year $ 5,902 $ 5,900 After one year through five years 4,255 4,449 After five years through ten years 5,209 5,704 After ten years 17,468 20,890 We expect actual maturities to differ from contractual maturities because borrowers have the right to call or prepay certain obligations. Although we generally do not have the intent to sell any specific securities at the end of the period, in the ordinary course of managing our investment securities portfolio, we may sell securities prior to their maturities for a variety of reasons, including diversification, credit quality, yield and liquidity requirements and the funding of claims and obligations to policyholders. Gross realized gains on available-for-sale investment securities were $37 million and $36 million , and gross realized losses were $(2) million and $(11) million in the three months ended June 30, 2017 and 2016, respectively. Gross realized gains on available-for-sale investment securities were $143 million and $42 million , and gross realized losses were $(4) million and $(40) million in the six months ended June 30, 2017 and 2016, respectively. Proceeds from investment securities sales and early redemptions by issuers totaled $701 million and $624 million in the three months ended June 30, 2017 and 2016, respectively primarily from sales of U.S. Corporate and Mortgage and asset-backed securities and $1,774 million and $868 million in the six months ended June 30, 2017 and 2016, respectively primarily from sales of Government and agencies and U.S. corporate securities.

CURRENT RECEIVABLES

CURRENT RECEIVABLES	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
CURRENT RECEIVABLES	CURRENT RECEIVABLES Consolidated(a)(b) GE(c) (In millions) June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Current receivables $ 22,407 $ 24,935 $ 12,647 $ 13,562 Allowance for losses (960 ) (858 ) (949 ) (847 ) Total $ 21,447 $ 24,076 $ 11,697 $ 12,715 (a) Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $ 10,599 million and $ 12,304 million at June 30, 2017 and December 31, 2016 , respectively. The consolidated total included a deferred purchase price receivable of $ 374 million and $ 483 million at June 30, 2017 and December 31, 2016 , respectively, related to our Receivables Facility. (b) In order to manage the credit exposure, the Company sells additional current receivables to third parties outside the Receivables Facility, substantially all of which are serviced by the Company. The outstanding balance of these current receivables was $ 2,532 million and $ 3,821 million at June 30, 2017 and December 31, 2016 , respectively. Of these balances, $ 1,187 million and $ 2,504 million was sold by GE to GE Capital prior to the sale to third parties at June 30, 2017 and December 31, 2016 , respectively. At June 30, 2017 and December 31, 2016 , our maximum exposure to loss under the limited recourse arrangements is $ 143 million and $ 215 million, respectively. (c) GE current receivables balances at June 30, 2017 and December 31, 2016 , before allowance for losses, included $ 7,955 million and $ 8,927 million, respectively, from sales of goods and services to customers. The remainder of the balances primarily relates to supplier advances, revenue sharing programs and other non-income based tax receivables. RECEIVABLES FACILITY The Company has a $ 3,000 million revolving Receivables Facility under which receivables are sold directly to third-party purchasers. The third-party purchasers have no recourse to other assets of the Company in the event of non-payment by the debtors. Where the purchasing entity is a bank multi-seller commercial paper conduit, assets transferred by other parties to that entity form a majority of the entity’s assets. Upon sale of the receivables, we receive proceeds of cash and a deferred purchase price (DPP). The DPP is an interest in specified assets of the purchasers (the receivables sold by GE Capital) that entitles GE Capital to the residual cash flows of those specified assets. During the six months ended June 30, 2017 , GE Industrial sold current receivables of $ 9,667 million to GE Capital, which GE Capital sold immediately to third parties under the Receivables Facility. GE Capital continues to service the current receivables for the purchasers. The Company received total cash collections of $ 9,309 million on previously sold current receivables owed to the purchasing entities. The purchasing entities reinvested $ 8,036 million of those collections to purchase newly originated current receivables from the Company and paid $ 297 million to reduce their DPP obligation to the Company. During the six months ended June 30, 2017, GE Industrial recognized a loss of $64 million resulting from time value discount on the sale of these receivables to GE Capital. GE Capital recovered substantially all of this loss on the sale of the receivables to third party purchasers. At June 30, 2017 , GE Capital, under the Receivables Facility, serviced $ 2,933 million of transferred receivables that remain outstanding. Given the short-term nature of the underlying receivables, discount rates and prepayments are not factors in determining the value of the DPP. Collections on the DPP are presented within Cash flows from operating activities in the consolidated column in the Statement of Cash Flows. As the performance of the transferred current receivables is similar to the performance of our other current receivables, delinquencies are not expected to be significant.

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2017
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES (In millions) June 30, 2017 December 31, 2016 Raw materials and work in process $ 12,830 $ 12,636 Finished goods 9,110 8,798 Unbilled shipments 427 536 22,367 21,971 Revaluation to LIFO 476 383 Total inventories $ 22,843 $ 22,354

GE CAPITAL FINANCING RECEIVABLE

GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES	GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES FINANCING RECEIVABLES, NET (In millions) June 30, 2017 December 31, 2016 Loans, net of deferred income $ 19,790 $ 21,101 Investment in financing leases, net of deferred income 4,973 4,998 24,764 26,099 Allowance for losses (68 ) (58 ) Financing receivables – net $ 24,696 $ 26,041 We manage our financing receivables portfolio using delinquency and nonaccrual data as key performance indicators. At June 30, 2017 , $752 million ( 3.0% ), $351 million ( 1.4% ) and $425 million ( 1.7% ) of financing receivables were over 30 days past due, over 90 days past due and on nonaccrual, respectively. Of the $425 million of nonaccrual financing receivables at June 30, 2017 , the vast majority are secured by collateral and $290 million are currently paying in accordance with the contractual terms. At December 31, 2016 , $811 million ( 3.1% ), $407 million ( 1.6% ) and $322 million ( 1.2% ) of financing receivables were over 30 days past due, over 90 days past due and on nonaccrual, respectively. The recorded investment in impaired loans at June 30, 2017 and December 31, 2016 was $387 million and $262 million , respectively. The method used to measure impairment for these loans is primarily based on collateral value. At June 30, 2017 , troubled debt restructurings included in impaired loans were $150 million .

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT (In millions) June 30, 2017 December 31, 2016 Original cost $ 86,320 $ 85,875 Less accumulated depreciation and amortization (36,153 ) (35,356 ) Property, plant and equipment – net $ 50,167 $ 50,518 Consolidated depreciation and amortization on property, plant and equipment was $1,125 million and $1,294 million in the three months ended June 30, 2017 and 2016 , respectively and $2,318 million and $2,505 million million in the six months ended June 30, 2017 and 2016 , respectively.

ACQUISITIONS, GOODWILL AND OTHE

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS	ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS ACQUISITIONS On October 11, 2016 , we announced a plan to acquire LM Wind Power, the Danish maker of rotor blades for approximately $1,700 million. The transaction closed on April 20, 2017. The preliminary purchase price allocation resulted in goodwill of approximately $1,200 million and amortizable intangible assets of approximately $200 million. The allocation of the purchase price will be finalized upon completion of post-closing procedures. In the first quarter of 2017, we acquired the remaining 96% of ServiceMax, a leader in cloud-based field service management solutions, for $ 866 million, net of cash acquired of $ 91 million. Upon gaining control, we fair valued the business including our previously held 4% equity interest. The preliminary purchase price allocation resulted in goodwill of approximately $ 670 million and amortizable intangible assets of approximately $ 280 million. The allocation of the purchase price will be finalized upon completion of post-closing procedures. On May 10, 2016 , we announced the pending acquisition of the heat recovery steam generator (HRSG) business from Doosan Engineering & Construction (Doosan) for $250 million . On August 16, 2016 , we closed on 80% of the HRSG business for approximately $220 million . On May 23, 2017, we closed an additional 15% of the remaining HRSG business for approximately $ 35 million. The remaining 5% of the HRSG business continues to be subject to local regulatory requirements. The preliminary purchase price allocation resulted in goodwill of approximately $170 million and amortizable intangible assets of approximately $35 million . The allocation of the purchase price will be finalized upon completion of post-closing procedures. BAKER HUGHES On July 3, 2017, GE completed the previously announced combination of GE’s Oil & Gas business (GE Oil & Gas) with Baker Hughes Incorporated (Baker Hughes). As part of the transaction, GE contributed GE Oil & Gas and $7,400 million in cash in exchange for 62.5% of the ownership interest in the new combined company. The operating assets of the new combined company are held through a partnership named Baker Hughes, a GE company, LLC (BHGE LLC). GE holds a 62.5% economic interest in this partnership, and Baker Hughes’ former shareholders hold a 37.5% interest through a newly NYSE listed corporation, Baker Hughes, a GE company (BHGE), which controls the partnership. In turn, GE holds a controlling, 62.5% voting interest in BHGE through Class B Common Stock in BHGE, which grants voting rights but no economic rights. Baker Hughes’ former shareholders received one share of BHGE Class A Common Stock and a special one-time cash dividend of $17.50 per share at closing. Total consideration was $24,778 million , including the $7,400 million cash contribution. The Baker Hughes transaction will be accounted for as a business combination, using the acquisition method. The net assets of Baker Hughes’ contributed businesses will be recorded at their estimated fair value, and GE Oil & Gas will continue at its historical or carryover basis. We will record noncontrolling interest for the 37.5% interest in the combined company of the holders of BHGE’s Class A Common Stock at fair value for the portion attributable to the net assets we acquired, and at our historical cost for the portion attributable to GE Oil & Gas. Due to the limited time since the acquisition date and limitations on the access to Baker Hughes information prior to close, the initial accounting for the business combination is not yet complete, and we are not yet able to provide amounts recognized as of the acquisition date for major classes of assets and liabilities acquired or the supplemental pro forma revenue and earnings of the combined entity. We will include disclosure of our preliminary estimates in our Quarterly Report on Form 10-Q for the nine months ended September 30, 2017. During the three and six months ended June 30, 2017, acquisition costs of $59 million and $110 million , respectively, were expensed as incurred and were reported as selling, general and administrative expenses. GOODWILL CHANGES IN GOODWILL BALANCES (In millions) Balance at January 1, 2017 Acquisitions (a) Dispositions, currency exchange and other Balance at Power $ 19,816 $ 50 $ 237 $ 20,103 Renewable Energy 2,507 1,165 126 3,799 Oil & Gas 10,363 — 93 10,457 Aviation 9,455 16 269 9,739 Healthcare 17,424 47 38 17,509 Transportation 899 — 7 906 Energy Connections & Lighting 6,868 — (859 ) 6,009 Capital 2,368 — 1 2,369 Corporate 739 688 19 1,446 Total $ 70,438 $ 1,965 $ (69 ) $ 72,335 Goodwill balances increased by $1,897 million in 2017, primarily as a result of the acquisition of LM Wind Power and ServiceMax and the currency exchange effects of a weaker U.S. dollar against other major currencies, partially offset by the reclassification of goodwill associated with Industrial Solutions to assets of businesses held for sale. OTHER INTANGIBLE ASSETS OTHER INTANGIBLE ASSETS - NET (In millions) June 30, 2017 December 31, 2016 Intangible assets subject to amortization $ 16,839 $ 16,336 Indefinite-lived intangible assets(a) 90 100 Total $ 16,929 $ 16,436 (a) Indefinite-lived intangible assets principally comprise trademarks and in-process research and development. INTANGIBLE ASSETS SUBJECT TO AMORTIZATION June 30, 2017 December 31, 2016 (In millions) Gross carrying amount Accumulated amortization Net Gross carrying amount Accumulated amortization Net Customer-related $ 9,446 $ (2,742 ) $ 6,704 $ 9,172 $ (2,408 ) $ 6,764 Patents and technology 9,461 (3,502 ) 5,959 8,693 (3,325 ) 5,368 Capitalized software 7,939 (4,806 ) 3,135 7,652 (4,538 ) 3,114 Trademarks 1,209 (365 ) 843 1,165 (307 ) 858 Lease valuations 129 (69 ) 59 143 (59 ) 84 Present value of future profits(a) 701 (701 ) — 684 (684 ) — All other 239 (99 ) 140 273 (124 ) 149 Total $ 29,124 $ (12,284 ) $ 16,839 $ 27,781 $ (11,444 ) $ 16,336 (a) Balances at June 30, 2017 and December 31, 2016 include adjustments of $ 227 million and $ 241 million, respectively, to the present value of future profits in our run-off insurance activities to reflect the effects that would have been recognized had the related unrealized investment securities holding net gains actually been realized. Intangible assets subject to amortization increased by $ 503 million in the six months ended June 30, 2017 , primarily as a result of the acquisition of LM Wind Power and ServiceMax, partially offset by amortization. GE amortization expense related to intangible assets subject to amortization was $ 407 million and $ 450 million in the three months ended June 30, 2017 and 2016 , respectively, and $ 811 million and $ 896 million for the six months ended June 30, 2017 and 2016, respectively. GE Capital amortization expense related to intangible assets subject to amortization was $ 14 million and $ 37 million in the three months ended June 30, 2017 and 2016 , respectively, and $ 34 million and $ 70 million for the six months ended June 30, 2017 and 2016, respectively.

CONTRACT ASSETS

CONTRACT ASSETS	6 Months Ended
	Jun. 30, 2017
Contractors [Abstract]
CONTRACT ASSETS	CONTRACT ASSETS (In millions) June 30, 2017 December 31, 2016 GE Revenues in excess of billings Long-term product service agreements(a) $ 14,764 $ 12,752 Long-term equipment contract revenues(b) 6,774 5,859 Total revenues in excess of billings 21,538 18,611 Deferred inventory costs(c) 4,040 3,349 Non-recurring engineering costs(d) 2,295 2,185 Other 1,051 1,018 Contract assets $ 28,924 $ 25,162 (a) Long-term product service agreement balances are presented net of related billings in excess of revenues of $2,679 million and $3,750 million at June 30, 2017 and December 31, 2016 , respectively. (b) Reflects revenues earned in excess of billings on our long-term contracts to construct technically complex equipment (such as gas power systems). (c) Represents cost deferral for shipped goods (such as components for wind turbine assembly within our Renewable Energy segment) and other costs for which the revenue recognition criteria has not yet been met. (d) Includes costs incurred prior to production (such as requisition engineering) for long-term equipment production contracts, primarily within our Aviation segment, which are allocated ratably to each unit produced.

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS (In millions) June 30, 2017 December 31, 2016 Short-term borrowings GE Commercial paper $ 2,000 $ 1,500 Current portion of long-term borrowings 16,120 17,109 Other 2,211 1,874 Total GE short-term borrowings(a) 20,331 20,482 GE Capital U.S. Commercial paper 5,012 5,002 Current portion of long-term borrowings(b) 5,869 6,517 Intercompany payable to GE(c) 11,923 11,696 Other 569 229 Total GE Capital short-term borrowings 23,373 23,443 Eliminations(c) (13,660 ) (13,212 ) Total short-term borrowings $ 30,044 $ 30,714 Long-term borrowings GE Senior notes $ 56,699 $ 54,396 Subordinated notes 2,835 2,768 Subordinated debentures(e) 740 719 Other 1,337 928 Total GE long-term borrowings(a) 61,611 58,810 GE Capital Senior notes 40,927 44,131 Subordinated notes 218 236 Intercompany payable to GE(d) 36,293 47,084 Other(b) 1,414 1,992 Total GE Capital long-term borrowings 78,852 93,443 Eliminations(d) (36,786 ) (47,173 ) Total long-term borrowings $ 103,676 $ 105,080 Non-recourse borrowings of consolidated securitization entities(f) $ 682 $ 417 Total borrowings $ 134,402 $ 136,210 (a) Excluding assumed debt of GE Capital, the total amount of GE borrowings was $33,725 million and $20,512 million at June 30, 2017 and December 31, 2016 , respectively. (b) Included $1,781 million and $2,665 million of funding secured by aircraft and other collateral at June 30, 2017 and December 31, 2016 , respectively, of which $591 million and $1,419 million is non-recourse to GE Capital at June 30, 2017 and December 31, 2016 , respectively. (c) I ncluded a reduction of zero and $1,329 million for short-term intercompany loans from GE Capital to GE at June 30, 2017 and December 31, 2016 , respectively, which bear the right of offset against amounts owed under the assumed debt agreement. Excluding intercompany loans, total short-term assumed debt was $11,923 million and $13,024 million at June 30, 2017 and December 31, 2016 , respectively. The remaining short-term loan balance was paid in January 2017. (d) Included a reduction of $4,075 million and zero for long-term intercompany loans from GE Capital to GE at June 30, 2017 and December 31, 2016 , respectively, which bear the right of offset against amounts owed under the assumed debt agreement. Excluding intercompany loans, total long-term assumed debt was $40,368 million and $47,084 million at June 30, 2017 and December 31, 2016 , respectively. The $4,075 million of intercompany loans collectively have a weighted average interest rate of 3.6% and term of approximately 15 years. (e) Comprises subordinated debentures which constitute the sole assets of trusts that have issued trust preferred securities and where GE owns 100% of the common securities of the trusts. Obligations associated with these trusts are unconditionally guaranteed by GE. (f) Included $528 million and $320 million of current portion of long-term borrowings at June 30, 2017 and December 31, 2016 , respectively. See Note 17. During the second quarter of 2017, GE completed issuances of €8,000 million senior unsecured debt, composed of €1,750 million of 0.375% Notes due 2022, €2,000 million of 0.875% Notes due 2025, €2,250 million of 1.50% Notes due 2029 and €2,000 million of 2.125% Notes due 2037. On April 10, 2015, GE provided a full and unconditional guarantee on the payment of the principal and interest on all tradable senior and subordinated outstanding long-term debt securities and all commercial paper issued or guaranteed by GE Capital. $92,537 million of such debt was assumed by GE on December 2, 2015 upon its merger with GE Capital resulting in an intercompany payable to GE. At June 30, 2017 , the Guarantee applies to $44,077 million of GE Capital debt. See Notes 16 and 21 for additional information about borrowings and associated swaps.

INVESTMENT CONTRACTS, INSURANCE

INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS	6 Months Ended
	Jun. 30, 2017
Insurance [Abstract]
INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS	INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS Insurance and investment contract liabilities comprise mainly obligations to policyholders and annuitants in our run-off insurance activities. (In millions) June 30, 2017 December 31, 2016 Future policy benefit reserves(a) $ 19,105 $ 18,741 Investment contracts 2,671 2,813 Other(b) 5,241 4,992 27,016 26,546 Eliminations (545) (460) Total $ 26,471 $ 26,086 (a) The future policy benefit reserve is subject to an annual review to determine its adequacy. Should the liability for future policy benefits plus the present value of expected future gross premiums be insufficient to provide for the present value of expected future policy benefits and expenses, a premium deficiency would be recorded. (b) Substantially all unpaid claims and claims adjustment expenses and unearned premiums. See Notes 1 and 11 of the consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2016 for further information.

POSTRETIREMENT BENEFIT PLANS

POSTRETIREMENT BENEFIT PLANS	6 Months Ended
	Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract]
POSTRETIREMENT BENEFIT PLANS	POSTRETIREMENT BENEFIT PLANS We sponsor a number of pension and retiree health and life insurance benefit plans. Principal pension plans are the GE Pension Plan and the GE Supplementary Pension Plan. Principal retiree benefit plans provide health and life insurance benefits to certain eligible participants and these participants share in the cost of the healthcare benefits. Other pension plans include the U.S. and non-U.S. pension plans with pension assets or obligations greater than $50 million . Smaller pension plans and other retiree benefit plans are not material individually or in the aggregate. EFFECT ON OPERATIONS OF PENSION PLANS Principal pension plans Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 254 $ 291 $ 543 $ 606 Prior service cost amortization 72 76 145 152 Expected return on plan assets (849 ) (836 ) (1,698 ) (1,670 ) Interest cost on benefit obligations 712 735 1,429 1,469 Net actuarial loss amortization 697 612 1,407 1,224 Curtailment loss (gain) — (1 ) 43 (a) (1 ) Pension plans cost $ 886 $ 877 $ 1,869 $ 1,780 (a) Curtailment loss resulting from our intent to sell the Industrial Solutions business within our Energy Connections & Lighting segment. Other pension plans Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 123 $ 118 $ 274 $ 231 Prior service credit amortization (1 ) — (2 ) (1 ) Expected return on plan assets (301 ) (259 ) (595 ) (522 ) Interest cost on benefit obligations 145 168 287 340 Net actuarial loss amortization 107 65 210 129 Pension plans cost $ 73 $ 92 $ 174 $ 177 EFFECT ON OPERATIONS OF PRINCIPAL RETIREE BENEFIT PLANS Principal retiree benefit plans Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 26 $ 27 $ 52 $ 52 Prior service credit amortization (43 ) (41 ) (86 ) (82 ) Expected return on plan assets (9 ) (11 ) (18 ) (22 ) Interest cost on benefit obligations 56 63 113 126 Net actuarial gain amortization (20 ) (14 ) (41 ) (27 ) Curtailment loss — — 3 (a) — Retiree benefit plans cost $ 10 $ 24 $ 23 $ 47 (a) Curtailment loss resulting from our intent to sell the Industrial Solutions business within our Energy Connections & Lighting segment.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Our effective income tax rates were 1.3% and 7.0% during the six months ended 2017 and 2016, respectively. The rate for 2017 benefited from the tax difference on global activities and U.S. business credits and for 2016 from a deductible stock loss and U.S. business credits. In the six months ended 2017, these decreases were partially offset by an adjustment to bring the six-month tax rate in line with the higher expected full-year rate. In the six months ended 2016, there was a further decrease to bring the six-month tax rate in line with the lower expected full-year rate. In the ordinary course of business, there is inherent uncertainty in quantifying our income tax positions. We assess our income tax positions and record tax benefits for all years subject to examination based upon management’s evaluation of the facts, circumstances, and information available at the reporting date. UNRECOGNIZED TAX BENEFITS (In millions) June 30, 2017 December 31, 2016 Unrecognized tax benefits $ 4,760 $ 4,692 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 2,894 2,886 Accrued interest on unrecognized tax benefits 682 615 Accrued penalties on unrecognized tax benefits 119 118 Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months 0-600 0-600 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 0-500 0-500 (a) Some portion of such reduction may be reported as discontinued operations. The Internal Revenue Service (IRS) is currently auditing our consolidated U.S. income tax returns for 2012 - 2013 . In addition, certain other U.S. tax deficiency issues and refund claims for previous years are still unresolved. It is reasonably possible that a portion of the unresolved items could be resolved during the next 12 months, which could result in a decrease in our balance of "unrecognized tax benefits" - that is, the aggregate tax effect of differences between tax return positions and the benefits recognized in our financial statements. We believe that there are no other jurisdictions in which the outcome of unresolved issues or claims is likely to be material to our results of operations, financial position or cash flows. We further believe that we have made adequate provision for all income tax uncertainties.

SHAREOWNERS' EQUITY

SHAREOWNERS' EQUITY	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
SHAREOWNERS' EQUITY	SHAREOWNERS’ EQUITY ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Investment securities Beginning balance $ 622 $ 680 $ 674 $ 460 Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes of $146, $222, $159 and $304 291 419 309 578 Reclassifications from OCI – net of deferred taxes of $(25), $(9), $(61) and $31 (48 ) (21 ) (118 ) 39 Other comprehensive income (loss)(a) 243 397 191 617 Less OCI attributable to noncontrolling interests — — — — Ending balance $ 866 $ 1,077 $ 866 $ 1,077 Currency translation adjustments (CTA) Beginning balance $ (6,004 ) $ (5,500 ) $ (6,816 ) $ (5,499 ) OCI before reclassifications – net of deferred taxes of $(207), $(50), $(241) and $217 491 26 753 141 Reclassifications from OCI – net of deferred taxes of $(1), $(39), $(541) and $80 34 29 588 (85 ) Other comprehensive income (loss)(a) 525 55 1,341 57 Less OCI attributable to noncontrolling interests 2 3 6 6 Ending balance $ (5,481 ) $ (5,448 ) $ (5,481 ) $ (5,448 ) Cash flow hedges Beginning balance $ 32 $ (26 ) $ 12 $ (80 ) OCI before reclassifications – net of deferred taxes of $(8), $2, $(2) and $(5) 44 (15 ) 64 (40 ) Reclassifications from OCI – net of deferred taxes of $(10), $(4), $(9) and $1 (54 ) (10 ) (55 ) 69 Other comprehensive income (loss)(a) (10 ) (25 ) 9 30 Less OCI attributable to noncontrolling interests — — — — Ending balance $ 22 $ (51 ) $ 22 $ (51 ) Benefit plans Beginning balance $ (11,421 ) $ (10,859 ) $ (12,469 ) $ (11,410 ) Prior service credit (costs) - net of deferred taxes of $0, $0, $0 and $5 — — — 23 Net actuarial gain (loss) – net of deferred taxes of $32, $(65), $133 and $(43) 24 (80 ) 500 (12 ) Net curtailment/settlement - net of deferred taxes of $0, $0, $16 and $0 — (1 ) 30 (1 ) Prior service cost amortization – net of deferred taxes of $19, $20, $38 and $41 10 17 21 33 Net actuarial loss amortization – net of deferred taxes of $251, $217, $504 and $433 526 447 1,059 890 Other comprehensive income (loss)(a) 560 382 1,610 933 Less OCI attributable to noncontrolling interests (1 ) — 1 (1 ) Ending balance $ (10,860 ) $ (10,476 ) $ (10,860 ) $ (10,476 ) Accumulated other comprehensive income (loss) at June 30 $ (15,454 ) $ (14,898 ) $ (15,454 ) $ (14,898 ) (a) Total other comprehensive income (loss) was $1,318 million and $810 million in the three months ended June 30, 2017 and 2016 , respectively, and $3,151 million and $1,636 million in the six months ended June 30, 2017 and 2016 respectively. RECLASSIFICATION OUT OF AOCI Three months ended Six months ended June 30 June 30 (In millions) 2017 2016 2017 2016 Statement of Earnings caption Available-for-sale securities Gains (losses) on securities $ 73 $ 30 $ 178 $ (70 ) Total revenues and other income(a) Income taxes (25 ) (9 ) (61 ) 31 Benefit (provision) for income taxes(b) Net of tax $ 48 $ 21 $ 118 $ (39 ) Currency translation adjustments Gains (losses) on dispositions $ (33 ) $ 10 $ (47 ) $ 5 Total revenues and other income(c) Income taxes (1 ) (39 ) (541 ) 80 Benefit (provision) for income taxes(d) Net of tax $ (34 ) $ (29 ) $ (588 ) $ 85 Cash flow hedges Gains (losses) on interest rate derivatives $ (15 ) $ (26 ) $ (15 ) $ (55 ) Interest and other financial charges Foreign exchange contracts 78 37 78 (5 ) (e) Other 1 2 1 (11 ) (f) Total before tax 65 14 64 (71 ) Income taxes (10 ) (4 ) (9 ) 1 Benefit (provision) for income taxes Net of tax $ 54 $ 10 $ 55 $ (69 ) Benefit plan items Curtailment gain (loss) $ — $ 1 $ (46 ) $ 1 (g) Amortization of prior service costs (29 ) (37 ) (59 ) (74 ) (g) Amortization of actuarial gains (losses) (777 ) (664 ) (1,563 ) (1,323 ) (g) Total before tax (806 ) (700 ) (1,668 ) (1,396 ) Income taxes 270 237 558 474 Benefit (provision) for income taxes Net of tax $ (536 ) $ (463 ) $ (1,110 ) $ (922 ) Total reclassification adjustments (net of tax) $ (467 ) $ (461 ) $ (1,525 ) $ (946 ) (a) Included an insignificant amount and $6 million for the three months ended June 30, 2017 and 2016 , and an insignificant amount and $(72) million for the six months ended June 30, 2017 and 2016, respectively in earnings (loss) from discontinued operations, net of taxes. (b) Included an insignificant amount and $(1) million for the three months ended June 30, 2017 and 2016 , and an insignificant amount and $31 million for the six months ended June 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes. (c) Included $3 million and $77 million for the three months ended June 30, 2017 and 2016 , and $32 m illion and $71 million for the six months ended June 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes. (d) Included $(1) million and $(39) million for the three months ended June 30, 2017 and 2016 , and $(541) million and $80 million for the six months ended June 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes (e) Primarily includes $76 million and $53 million in GE Capital revenues from services and $(10) million and $(17) million in interest and other financial charges in the three months ended June 30, 2017 and 2016 , respectively and $101 million and $31 million in GE Capital revenues from services and $(23) million and $(36) million in interest and other financial charges in the six months ended June 30, 2017 and 2016, respectively. (f) Primarily recorded in costs and expenses. (g) Curtailment gain (loss), amortization of prior service costs and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 12 for further information. NONCONTROLLING INTERESTS Noncontrolling interests in equity of consolidated affiliates include common shares in consolidated affiliates and preferred stock issued by our affiliates. CHANGES TO NONCONTROLLING INTERESTS Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Beginning balance $ 1,639 $ 1,667 $ 1,663 $ 1,864 Net earnings (loss) 14 1 20 (68 ) Dividends (22 ) (14 ) (31 ) (21 ) Dispositions 5 — (8 ) (42 ) Other (including AOCI)(a)(b) (3 ) 39 (10 ) (40 ) Ending balance at June 30 $ 1,634 $ 1,693 $ 1,634 $ 1,693 (a) Includes research & development partner funding arrangements and acquisitions. (b) 2016 included $(123) million for deconsolidation of investment funds managed by GE Asset Management (GEAM) upon the adoption of ASU 2015-02, Amendments to the Consolidation Analysis, and prior to the July 1, 2016 sale of GEAM. REDEEMABLE NONCONTROLLING INTERESTS Redeemable noncontrolling interests presented in our statement of financial position include common shares issued by our affiliates that are redeemable at the option of the holder of those interests. As part of the Alstom acquisition, we formed three joint ventures with Alstom in grid technology, renewable energy, and global nuclear and French steam power. Noncontrolling interests in these joint ventures hold certain redemption rights. These joint ventures and the associated redemption rights are discussed in Note 8 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2016. Our retained earnings is adjusted for subsequent changes in the redemption value of the noncontrolling interest in these entities to the extent that the redemption value exceeds the carrying amount of the noncontrolling interest. CHANGES TO REDEEMABLE NONCONTROLLING INTERESTS Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Beginning balance $ 3,054 $ 3,036 $ 3,025 $ 2,972 Net earnings (loss) (28 ) (86 ) (109 ) (139 ) Dividends — — (11 ) (9 ) Redemption value adjustment 43 79 114 110 Other 125 42 173 135 Ending balance at June 30(a) $ 3,193 $ 3,070 $ 3,193 $ 3,070 (a) Included $2,894 million and $2,950 million related to the Alstom joint ventures at June 30, 2017 and 2016, respectively. OTHER Dividends from GE Capital to GE totaled $2,105 million, including cash dividends of $2,016 million , and $3,500 million in the three months ended June 30, 2017 and 2016, respectively and $4,105 million , including cash dividends of $4,016 million , and $11,000 million in the six months ended June 30, 2017 and 2016, respectively. Dividends on GE preferred stock totaled $182 million , including cash dividends of $147 million and $152 million , including cash dividends of $120 million in the three months ended June 30, 2017 and 2016, respectively, and $216 million , including cash dividends of $147 million and $441 million , including cash dividends of $185 million in the six months ended June 30, 2017 and 2016, respectively. Dividends on GE preferred stock are payable semi-annually, in June and December, and accretion is recorded on a quarterly basis.

EARNINGS PER SHARE INFORMATION

EARNINGS PER SHARE INFORMATION	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE INFORMATION	EARNINGS PER SHARE INFORMATION Three months ended June 30 2017 2016 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Amounts attributable to the Company: Consolidated Earnings from continuing operations for per-share calculation(a)(b) $ 1,514 $ 1,514 $ 3,446 $ 3,449 Preferred stock dividends (182 ) (182 ) (152 ) (152 ) Earnings from continuing operations attributable to common shareowners for per-share calculation(a)(b) $ 1,332 $ 1,332 $ 3,294 $ 3,297 Loss from discontinued operations for per-share calculation(a)(b) (157 ) (157 ) (546 ) (543 ) Net earnings attributable to GE common shareowners for per-share calculation(a)(b) $ 1,179 $ 1,179 $ 2,751 $ 2,753 Average equivalent shares Shares of GE common stock outstanding 8,671 8,671 9,079 9,079 Employee compensation-related shares (including stock options) 89 — 108 — Total average equivalent shares 8,760 8,671 9,187 9,079 Per-share amounts Earnings from continuing operations $ 0.15 $ 0.15 $ 0.36 $ 0.36 Loss from discontinued operations (0.02 ) (0.02 ) (0.06 ) (0.06 ) Net earnings 0.13 0.14 0.30 0.30 Six months ended June 30 2017 2016 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Amounts attributable to the Company: Consolidated Earnings from continuing operations for per-share calculation(a)(b) $ 2,401 $ 2,400 $ 3,981 $ 3,983 Preferred stock dividends (216 ) (216 ) (441 ) (441 ) Earnings from continuing operations attributable to common shareowners for per-share calculation(a)(b) $ 2,185 $ 2,184 $ 3,540 $ 3,542 Loss from discontinued operations for per-share calculation(a)(b) (399 ) (400 ) (861 ) (858 ) Net earnings attributable to GE common shareowners for per-share calculation(a)(b) $ 1,793 $ 1,793 $ 2,687 $ 2,690 Average equivalent shares Shares of GE common stock outstanding 8,695 8,695 9,179 9,179 Employee compensation-related shares (including stock options) 94 — 101 — Total average equivalent shares 8,789 8,695 9,281 9,179 Per-share amounts Earnings from continuing operations $ 0.25 $ 0.25 $ 0.38 $ 0.39 Loss from discontinued operations (0.05 ) (0.05 ) (0.09 ) (0.09 ) Net earnings 0.20 0.21 0.29 0.29 (a) Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities. For the three months ended June 30, 2017 pursuant to the two-class method, as a result of excess dividends in respect to the current period earnings, losses were not allocated to the participating securities. For the three months ended June 30, 2016 , participating securities are included in the computation of earnings per share pursuant to the two-class method and the application of this treatment had an insignificant effect. For the six months ended June 30, 2017 and 2016 , pursuant to the two-class method, as a result of excess dividends in respect to the current period earnings, losses were not allocated to the participating securities. (b) Included an insignificant amount of dividend equivalents in each of the periods presented. F or the three months ended June 30, 2017 and 2016 , approximately 33 million and 25 million and of outstanding stock awards were not included in the computation of diluted earnings per share because their effect was antidilutive. F or the six months ended June 30, 2017 and 2016 , approximately 26 million and 28 million of outstanding stock awards were not included in the computation of diluted earnings per share because their effect was antidilutive. Earnings per share amounts are computed independently for earnings from continuing operations, loss from discontinued operations and net earnings. As a result, the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS The following table provides information about assets and liabilities not carried at fair value. The table excludes finance leases and non-financial assets and liabilities. Substantially all of the assets discussed below are considered to be Level 3. The vast majority of our liabilities’ fair value can be determined based on significant observable inputs and thus considered Level 2. Few of the instruments are actively traded and their fair values must often be determined using financial models. Realization of the fair value of these instruments depends upon market forces beyond our control, including marketplace liquidity. June 30, 2017 December 31, 2016 (In millions) Carrying amount (net) Estimated fair value Carrying amount (net) Estimated fair value GE Assets Investments and notes receivable $ 1,305 $ 1,355 $ 1,526 $ 1,595 Liabilities Borrowings(a)(b) 29,650 30,455 19,184 19,923 Borrowings (debt assumed)(a)(c) 52,291 59,603 60,109 66,998 GE Capital Assets Loans 19,740 19,774 21,060 20,830 Other commercial mortgages 1,471 1,554 1,410 1,472 Loans held for sale 604 604 473 473 Other financial instruments(d) 116 149 121 150 Liabilities Borrowings(a)(e)(f)(g) 54,691 58,752 58,523 62,024 Investment contracts 2,671 3,130 2,813 3,277 (a) See Note 10. (b) Included $ 107 million and $ 115 million of accrued interest in estimated fair value at June 30, 2017 and December 31, 2016 , respectively. (c) Included $ 553 million and $ 803 million of accrued interest in estimated fair value at June 30, 2017 and December 31, 2016 , respectively. (d) Principally comprises cost method investments. (e) Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at June 30, 2017 and December 31, 2016 would have been reduced by $ 2,478 million and $ 2,397 million, respectively. (f) Included $ 808 million and $ 775 million of accrued interest in estimated fair value at June 30, 2017 and December 31, 2016 , respectively. (g) Excluded $ 48,216 million and $ 58,780 million of net intercompany payable to GE at June 30, 2017 and December 31, 2016 , respectively. NOTIONAL AMOUNTS OF LOAN COMMITMENTS (In millions) June 30, 2017 December 31, 2016 Ordinary course of business lending commitments(a) $ 789 $ 687 Unused revolving credit lines 229 238 (a) Excluded investment commitments of $ 259 million and $ 522 million at June 30, 2017 and December 31, 2016 , respectively. DERIVATIVES AND HEDGING FORMS OF HEDGING In this section we explain the hedging methods we use and their effects on our financial statements. Cash flow hedges – We use cash flow hedging primarily to reduce or eliminate the effects of foreign exchange rate changes on purchase and sale contracts in our industrial businesses and to convert foreign currency debt that we have issued in our financial services business back to our functional currency. As part of our ongoing effort to reduce borrowings, we may repurchase debt that was in a cash flow hedge accounting relationship. At the time of determining that the debt cash flows are probable of not occurring any related OCI will be released to earnings. FINANCIAL STATEMENT EFFECTS - CASH FLOW HEDGES Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivatives increase (decrease) $ 34 $ 11 $ 56 $ (45 ) Shareowners' equity (increase) decrease (34 ) (12 ) (56 ) 45 Earnings (loss) related to ineffectiveness — — — 1 Earnings (loss) effect of derivatives(a) 65 14 64 (71 ) (a) Offsets earnings effect of the hedged forecasted transaction Fair value hedges – These derivatives are used to hedge the effects of interest rate and currency exchange rate changes on debt that we have issued. FINANCIAL STATEMENT EFFECTS - FAIR VALUE HEDGES Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivative increase (decrease) $ (57 ) $ 888 $ (282 ) $ 2,610 Adjustment to carrying amount of hedged debt (increase) decrease 2 (933 ) 164 (2,688 ) Earnings (loss) related to hedge ineffectiveness (56 ) (46 ) (118 ) (77 ) Net investment hedges – We invest in foreign operations that conduct their financial services activities in currencies other than the US dollar. We hedge the currency risk associated with those investments primarily using short-term currency exchange contracts under which we receive US dollars and pay foreign currency and non-derivative instruments such as debt denominated in a foreign currency. FINANCIAL STATEMENT EFFECTS - NET INVESTMENT HEDGES Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivatives increase (decrease) $ (98 ) $ (282 ) $ (191 ) $ 47 Fair value of non-derivative instruments (increase) decrease (389 ) (322 ) (859 ) (49 ) Shareowners' equity (increase) decrease 490 609 1,063 40 Earnings (loss) related to spot-forward differences and ineffectiveness 3 5 13 37 Earnings (loss) related to reclassification upon sale or liquidation(a) — (380 ) 59 (1,072 ) (a) Included zero and $(380) million recorded in discontinued operations in the three months ended June 30, 2017 and 2016 and $59 million and $(1,072) million recorded in discontinued operations in the six months ended June 30, 2017 and 2016 , respectively. Economic Hedges - These derivatives are not designated as hedges from an accounting standpoint (and therefore we do not apply hedge accounting to the relationship) but otherwise serve the same economic purpose as other hedging arrangements. We use economic hedges when we have exposures to currency exchange risk for which we are unable to meet the requirements for hedge accounting or when changes in the carrying amount of the hedged item are already recorded in earnings in the same period as the derivative making hedge accounting unnecessary. Even though the derivative is an effective economic hedge, there may be a net effect on earnings in each period due to differences in the timing of earnings recognition between the derivative and the hedged item. FINANCIAL STATEMENT EFFECTS - ECONOMIC HEDGES Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Change in fair value of economic hedge increase (decrease) $ 979 $ 157 $ 641 $ (122 ) Change in carrying amount of item being hedged increase (decrease) (1,180 ) (286 ) (956 ) (198 ) Earnings (loss) effect of economic hedges(a) (200 ) (130 ) (315 ) (321 ) (a) Offset by the future earnings effects of economically hedged item. NOTIONAL AMOUNT OF DERIVATIVES The notional amount of a derivative is the number of units of the underlying (for example, the notional principal amount of the debt in an interest rate swap). The notional amount is used to compute interest or other payment streams to be made under the contract and is a measure of our level of activity. We generally disclose derivative notional amounts on a gross basis. A substantial majority of the outstanding notional amount of $173 billion at June 30, 2017 is related to managing interest rate and currency risk between financial assets and liabilities in our financial services business. The remaining derivative notional amount primarily relates to hedges of anticipated sales and purchases in foreign currency, commodity purchases and contractual terms in contracts that are considered embedded derivatives. The table below provides additional information about how derivatives are reflected in our financial statements. CARRYING AMOUNTS RELATED TO DERIVATIVES (In millions) June 30, 2017 December 31, 2016 Derivative assets $ 4,077 $ 5,467 Derivative liabilities (2,511 ) (4,883) Accrued interest 484 792 Cash collateral & credit valuation adjustment (1,599 ) (672) Net Derivatives 451 703 Securities held as collateral (432 ) (442) Net amount $ 19 $ 262 EFFECTS OF DERIVATIVES ON EARNINGS All derivatives are marked to fair value on our balance sheet, whether they are designated in a hedging relationship for accounting purposes or are used as economic hedges. Three months ended June 30 Six months ended June 30 (In millions) Effect on hedging instrument Effect on underlying Effect on earnings Effect on hedging instrument Effect on underlying Effect on earnings 2017 Cash flow hedges $ 34 $ (34 ) $ — $ 56 $ (56 ) $ — Fair value hedges (57 ) 2 (56 ) (282 ) 164 (118 ) Net investment hedges(a) (487 ) 490 3 (1,050 ) 1,063 13 Economic hedges(b) 979 (1,180 ) (200 ) 641 (956 ) (315 ) Total $ (253 ) $ (420 ) 2016 Cash flow hedges $ 11 $ (12 ) $ — $ (45 ) $ 45 $ 1 Fair value hedges 888 (933 ) (46 ) 2,610 (2,688 ) (77 ) Net investment hedges(a) (604 ) 609 5 (2 ) 40 37 Economic hedges(b) 157 (286 ) (130 ) (122 ) (198 ) (321 ) Total $ (171 ) $ (360 ) The amounts in the table above generally do not include associated derivative accruals in income or expense. (a) Both derivatives and non-derivatives hedging instruments are included. (b) Net effect is substantially offset by the change in fair value of the hedged item that will affect earnings in future periods. See Note 14 for additional information about changes in shareowners' equity related to hedging and amounts released to earnings. See Note 21 for other supplemental information about derivatives and hedging.

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	6 Months Ended
	Jun. 30, 2017
Variable Interest Entities [Abstract]
VARIABLE INTEREST ENTITIES	VARIABLE INTEREST ENTITIES A VIE is an entity that has one of three characteristics: (1) it is controlled by someone other than its shareowners or partners, (2) its shareowners or partners are not economically exposed to the entity's earnings (for example, they are protected against losses), or (3) it was thinly capitalized when it was formed. In the normal course of business we become involved with VIEs either because we help create them or we invest in them. Our VIEs either provide goods and services to customers or provide financing to third parties for the purchase of GE goods and services. If we control the VIE, we consolidate it and provide disclosure below. However, if the VIE is a business and use of its assets is not limited to settling its liabilities, ongoing disclosures are not required. CONSOLIDATED VARIABLE INTEREST ENTITIES Our most significant consolidated VIEs are the three joint ventures that were formed as part of the Alstom acquisition. These joint ventures include grid technology, renewable energy, and global nuclear and French steam power and have combined assets, liabilities and redeemable non-controlling interest as of June 30, 2017 and December 31, 2016 of $16,193 million , $9,006 million and $2,894 million and $14,460 million , $9,922 million and $2,709 million , respectively. These joint ventures are considered VIEs because the equity held by Alstom does not participate fully in the earnings of the ventures due to contractual features allowing Alstom to sell their interests back to GE. We consolidate these ventures because we control all their significant activities. These joint ventures are in all other respects regular businesses and are therefore exempt from ongoing disclosure requirements for consolidated VIEs provided below. The table below provides information about consolidated VIEs that are subject to ongoing disclosure requirements. Substantially all of these entities were created to help our customers finance the purchase of GE goods and services or to purchase GE customer notes receivable arising from sales of GE goods and services. These entities have no features that could expose us to losses that could significantly exceed the difference between the consolidated assets and liabilities. ASSETS AND LIABILITIES OF CONSOLIDATED VIEs GE Capital (In millions) GE Customer Notes receivables(a) Other Total June 30, 2017 Assets Financing receivables, net $ — $ — $ 881 $ 881 Current receivables 56 560 — 616 Investment securities — — 1,004 1,004 Other assets 587 1,320 2,101 4,008 Total $ 643 $ 1,880 $ 3,986 $ 6,509 Liabilities Borrowings $ 38 $ — $ 1,134 $ 1,172 Non-recourse borrowings — 667 16 683 Other liabilities 494 1,185 1,555 3,234 Total $ 532 $ 1,852 $ 2,705 $ 5,089 December 31, 2016 Assets Financing receivables, net $ — $ — $ 1,035 $ 1,035 Current receivables 57 670 — 727 Investment securities — — 982 982 Other assets 492 1,122 1,747 3,361 Total $ 549 $ 1,792 $ 3,764 $ 6,105 Liabilities Borrowings $ 1 $ — $ 818 $ 819 Non-recourse borrowings — 401 16 417 Other liabilities 457 1,378 1,482 3,317 Total $ 458 $ 1,779 $ 2,316 $ 4,553 (a) Two funding vehicles established to purchase customer notes receivable from GE, one of which is partially funded by third-party debt. Total revenues from our consolidated VIEs were $256 million and $439 million for the three months ended June 30, 2017 and 2016, respectively and $508 million and $794 million in the six months ended June 30, 2017 and 2016 , respectively. Related expenses consisted primarily of cost of goods and services of $83 million and $257 million for the three months ended June 30, 2017 and 2016, respectively and $178 million and $601 million in the six months ended June 30, 2017 and 2016 , respectively. Where we provide servicing for third-party investors, we are contractually permitted to commingle cash collected from customers on financing receivables sold to third-party investors with our own cash prior to payment to third-party investors, provided our short-term credit rating does not fall below A-1/P1. These third-party investors also owe us amounts for purchased financial assets and scheduled interest and principal payments, At June 30, 2017 and December 31, 2016, the amounts of commingled cash owed to the third-party investors were $1,123 million and $1,117 million , respectively, and the amounts owed to us by third-party investors were $10 million and $5 million , respectively. UNCONSOLIDATED VARIABLE INTEREST ENTITIES We become involved with unconsolidated VIEs primarily through assisting in the formation and financing of the entity. We do not consolidate these entities because we do not have power over decisions that significantly affect their economic performance. Our investments in unconsolidated VIEs, at June 30, 2017 and December 31, 2016 were $6,210 million and $6,346 million , respectively. Substantially all of these investments are held by Energy Financial Services. Obligations to make additional investments in these entities are not significant.

COMMITMENTS, GUARANTEES, PRODUC

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES	COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES COMMITMENTS The GE Capital Aviation Services (GECAS) business in GE Capital had placed multiple-year orders for various Boeing, Airbus and other aircraft manufacturers with list prices approximating $ 39,374 million and secondary orders with airlines for used aircraft of approximately $ 1,894 million at June 30, 2017 . In our Aviation segment, we had committed to provide financing assistance of $ 1,911 million of future customer acquisitions of aircraft equipped with our engines. GUARANTEES Our guarantees are provided in the ordinary course of business. We underwrite these guarantees considering economic, liquidity and credit risk of the counterparty. We believe that the likelihood is remote that any such arrangements could have a significant adverse effect on our financial position, results of operations or liquidity. We record liabilities for guarantees at estimated fair value, generally the amount of the premium received, or if we do not receive a premium, the amount based on appraisal, observed market values or discounted cash flows. Any associated expected recoveries from third parties are recorded as other receivables, not netted against the liabilities. At June 30, 2017 , we were committed under the following guarantee arrangements beyond those provided on behalf of VIEs. See Note 17. Credit Support. We have provided $ 2,282 million of credit support on behalf of certain customers or associated companies, predominantly joint ventures and partnerships, using arrangements such as standby letters of credit and performance guarantees. These arrangements enable these customers and associated companies to execute transactions or obtain desired financing arrangements with third parties. Should the customer or associated company fail to perform under the terms of the transaction or financing arrangement, we would be required to perform on their behalf. Under most such arrangements, our guarantee is secured, usually by the asset being purchased or financed, or possibly by certain other assets of the customer or associated company. The length of these credit support arrangements parallels the length of the related financing arrangements or transactions. The liability for such credit support was $ 44 million at June 30, 2017 . Indemnification Agreements – Continuing Operations. We have agreements that require us to fund up to $ 210 million at June 30, 2017 under residual value guarantees on a variety of leased equipment. Under most of our residual value guarantees, our commitment is secured by the leased asset. The liability for these indemnification agreements was $ 7 million at June 30, 2017 . At June 30, 2017 , we also had $ 1,051 million of other indemnification commitments, substantially all of which relate to representations and warranties in sales of businesses or assets. The liability for these indemnification commitments was $ 234 million at June 30, 2017 . Indemnification Agreements – Discontinued Operations. At June 30, 2017 , we provided specific indemnifications to buyers of GE Capital’s assets that amounted to $ 2,611 million, for which we have recognized related liabilities of $ 305 million. In addition, in connection with the 2015 public offering and sale of our North American Retail Finance business, Synchrony Financial, GE Capital indemnified Synchrony Financial and its directors, officers, and employees against the liabilities of GECC's businesses other than historical liabilities of the businesses that are part of Synchrony Financial's ongoing operations. Contingent Consideration. These are agreements to provide additional consideration to a buyer or seller in a business combination if contractually specified conditions related to the acquisition or disposition are achieved. Amount of contingent consideration was insignificant at June 30, 2017 . PRODUCT WARRANTIES We provide for estimated product warranty expenses when we sell the related products. Because warranty estimates are forecasts that are based on the best available information – mostly historical claims experience – claims costs may differ from amounts provided. An analysis of changes in the liability for product warranties follows. Six months ended June 30 (In millions) 2017 2016 Balance at January 1 $ 1,920 $ 1,723 Current-year provisions 354 339 Expenditures (414 ) (343 ) Other changes(a) 109 113 Balance as of June 30 $ 1,969 $ 1,832 ( a) Primarily includes effect of currency exchange and acquisitions. OTHER LOSS CONTINGENCIES LEGAL MATTERS WMC. During the fourth quarter of 2007, we completed the sale of WMC, our U.S. mortgage business. WMC substantially discontinued all new loan originations by the second quarter of 2007, and is not a loan servicer. In connection with the sale, WMC retained certain representation and warranty obligations related to loans sold to third parties prior to the disposal of the business and contractual obligations to repurchase previously sold loans that had an early payment default. All claims received by WMC for early payment default have either been resolved or are no longer being pursued. The remaining active claims have been brought by securitization trustees or administrators seeking recovery from WMC for alleged breaches of representations and warranties on mortgage loans that serve as collateral for residential mortgage-backed securities (RMBS). At June 30, 2017, such claims consisted of $1,019 million of individual claims generally submitted before the filing of a lawsuit (compared to $1,060 million at December 31, 2016) and $5,435 million of additional claims asserted against WMC in litigation without making a prior claim (Litigation Claims) (compared to $5,456 million at December 31, 2016). The total amount of these claims, $6,454 million , reflects the purchase price or unpaid principal balances of the loans at the time of purchase and does not give effect to pay downs or potential recoveries based upon the underlying collateral, which in many cases are substantial, nor to accrued interest or fees. WMC believes that repurchase claims brought based upon representations and warranties made more than six years before WMC was notified of the claim would be disallowed in legal proceedings under applicable law and the June 11, 2015 decision of the New York Court of Appeals in ACE Securities Corp. v. DB Structured Products, Inc., on the statute of limitations period governing such claims. Reserves related to repurchase claims made against WMC were $636 million at June 30, 2017, reflecting a net increase to reserves in the six months ended June 30, 2017 of $10 million . The reserve estimate takes into account recent settlement activity and is based upon WMC’s evaluation of the remaining exposures as a percentage of estimated lifetime mortgage loan losses within the pool of loans supporting each securitization for which timely claims have been asserted in litigation against WMC. Settlements in prior periods reduced WMC’s exposure on claims asserted in certain securitizations and the claim amounts reported above give effect to these settlements. ROLLFORWARD OF THE RESERVE Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance, beginning of period $ 626 $ 833 $ 626 $ 875 Provision 10 27 10 84 Claim resolutions / rescissions — — — (99 ) Balance, end of period $ 636 $ 860 $ 636 $ 860 Given the significant litigation activity and WMC’s continuing efforts to resolve the lawsuits involving claims made against WMC, it is difficult to assess whether future losses will be consistent with WMC’s past experience. Adverse changes to WMC’s assumptions supporting the reserve may result in an increase to these reserves. WMC estimates a range of reasonably possible loss from $0 to approximately $500 million over its recorded reserve at June 30, 2017. This estimate involves significant judgment and may not reflect the range of uncertainties and unpredictable outcomes inherent in litigation, including the matters discussed in Legal Proceedings and potential changes in WMC’s legal strategy. This estimate excludes any possible loss associated with an adverse court decision on the applicable statute of limitations or an adverse outcome in the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) investigation discussed in Legal Proceedings, as WMC is unable at this time to develop such a meaningful estimate. At June 30, 2017, there were 10 lawsuits involving claims made against WMC arising from alleged breaches of representations and warranties on mortgage loans included in 11 securitizations. The adverse parties in these cases are securitization trustees or parties claiming to act on their behalf. As discussed in Legal Proceedings, five of these lawsuits are the subject of settlement agreements approved by a California state court. On January 23, 2017, the ResCap Liquidating Trust, as successor to Residential Funding Company, LLC (RFC), filed a lawsuit against WMC in the United States District Court for the District of Minnesota arising from alleged breaches in representations and warranties made by WMC in connection with the sale of approximately $840 million in loans to RFC over a period of time preceding RFC’s filing for bankruptcy protection in May 2012 . Although the alleged claims for relief vary from case to case, the complaints and counterclaims in these actions generally assert claims for breach of contract, indemnification, and/or declaratory judgment, and seek specific performance (repurchase of defective mortgage loan) and/or money damages. Adverse court decisions, including in cases not involving WMC, could result in new claims and lawsuits on additional loans. However, WMC continues to believe that it has defenses to the claims asserted in litigation, including, for example, based on causation and materiality requirements and applicable statutes of limitations. It is not possible to predict the outcome or impact of these defenses and other factors, any of which could materially affect the amount of any loss ultimately incurred by WMC on these claims. WMC has also received indemnification demands, nearly all of which are unspecified, from depositors/underwriters/sponsors of RMBS or securitization trustees in connection with actual or potential claims concerning alleged misrepresentations in the securitization offering documents to which WMC is not a party, mortgage loan repurchase claims made against RMBS sponsors or other claims involving alleged defects in loans sold by WMC. WMC believes that it has defenses to these demands. To the extent WMC is required to repurchase loans, WMC’s loss also would be affected by several factors, including pay downs, accrued interest and fees, and the value of the underlying collateral. The reserve and estimate of possible loss reflect judgment, based on currently available information, and a number of assumptions, including economic conditions, claim and settlement activity, pending and threatened litigation, court decisions regarding WMC’s legal defenses, indemnification demands, government activity, and other variables in the mortgage industry. Actual losses arising from claims against WMC could exceed these amounts and additional claims and lawsuits could result if actual claim rates, governmental actions, litigation and indemnification activity, adverse court decisions, actual settlement rates or losses WMC incurs on repurchased loans differ from its assumptions. Alstom legacy matters . On November 2, 2015, we acquired the Thermal, Renewables and Grid businesses from Alstom . Prior to the acquisition, the seller was the subject of two significant cases involving anti-competitive activities and improper payments: (1) in January 2007, Alstom was fined €65 million by the European Commission for participating in a gas insulated switchgear cartel that operated from 1988 to 2004 (that fine was later reduced to €59 million ), and (2) in December 2014, Alstom pled guilty in the United States to multiple violations of the Foreign Corrupt Practices Act and paid a criminal penalty of $772 million . As part of GE’s accounting for the acquisition, we established a reserve amounting to $858 million for legal and compliance matters related to the legacy business practices that were the subject of these and related cases in various jurisdictions. Regardless of jurisdiction, the allegations relate to claimed anti-competitive conduct or improper payments in the pre-acquisition period as the source of legal violations and/or damages. Given the significant litigation and compliance activity related to these matters and our ongoing efforts to resolve them, it is difficult to assess whether the disbursements will ultimately be consistent with the reserve established. The estimation of this reserve involved significant judgment and may not reflect the full range of uncertainties and unpredictable outcomes inherent in litigation and investigations of this nature. Damages sought may include disgorgement of profits on the underlying business transactions, fines and/or penalties, interest, or other forms of resolution. Factors that can affect the ultimate amount of losses associated with these matters include the way cooperation is assessed and valued, prosecutorial discretion in the determination of damages, formulas for determining fines and penalties, the duration and amount of legal and investigative resources applied, and political and social influences within each jurisdiction, among other considerations. Actual losses arising from claims in these matters could exceed the amount provided. At this time, we are unable to develop a meaningful estimate of the range of reasonably possible additional losses for this exposure. ENVIRONMENTAL MATTERS Our operations, like operations of other companies engaged in similar businesses, involve the use, disposal and cleanup of substances regulated under environmental protection laws. We are involved in numerous remediation actions to clean up hazardous wastes as required by federal and state laws. Liabilities for remediation costs exclude possible insurance recoveries and, when dates and amounts of such costs are not known, are not discounted. When there appears to be a range of possible costs with equal likelihood, liabilities are based on the low end of such range. It is reasonably possible that our environmental remediation exposure will exceed amounts accrued. However, due to uncertainties about the status of laws, regulations, technology and information related to individual sites, such amounts are not reasonably estimable. For further information, see our Annual Report on Form 10-K for the fiscal year ended December 31, 2016 .

INTERCOMPANY TRANSACTIONS

INTERCOMPANY TRANSACTIONS	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
INTERCOMPANY TRANSACTIONS	INTERCOMPANY TRANSACTIONS Transactions between related companies are made on an arms-length basis and are reported in the respective GE and GE Capital columns of our financial statements, but are eliminated in deriving our consolidated financial statements. Threse transactions include, but are not limited to, the following: • GE Capital dividends to GE, • GE Capital working capital solutions to optimize GE cash management, • GE Capital enabled GE industrial orders, and • Aircraft engines, power equipment, renewable energy equipment and healthcare equipment manufactured by GE that are installed on GE Capital investments, including leased equipment. In addition to the above transactions that primarily enable growth for the GE businesses, there are routine related party transactions, which include, but are not limited to, the following: • Expenses related to parent-subsidiary pension plans, • Buildings and equipment leased between GE and GE Capital, including sale-leaseback transactions, • Information technology (IT) and other services sold to GE Capital by GE • Settlements of tax liabilities, and • Various investments, loans and allocations of GE corporate overhead costs. Presented below is a walk of intercompany eliminations from the combined GE and GE Capital totals to the consolidated cash flows from continuing operations. Six months ended June 30 (In millions) 2017 2016 Cash from (used for) operating activities-continuing operations Combined $ 5,549 $ 11,207 GE current receivables sold to GE Capital 1,598 1,313 GE Capital dividends to GE (4,016 ) (11,000 ) Other reclassifications and eliminations(a) 258 494 Total cash from (used for) operating activities-continuing operations $ 3,389 $ 2,014 Cash from (used for) investing activities-continuing operations Combined $ 3,173 $ 39,495 GE current receivables sold to GE Capital (1,760 ) (1,643 ) GE Capital long-term loans to GE 4,075 — GE Capital short-term loan to GE (1,329 ) 5,002 Other reclassifications and eliminations(a) (76 ) (441 ) Total cash from (used for) investing activities-continuing operations $ 4,083 $ 42,414 Cash from (used for) financing activities-continuing operations Combined $ (13,339 ) $ (69,038 ) GE current receivables sold to GE Capital 162 330 GE Capital dividends to GE 4,016 11,000 GE Capital long-term loans to GE (4,075 ) — GE Capital short-term loan to GE 1,329 (5,002 ) Other reclassifications and eliminations(a) (182 ) (52 ) Total cash from (used for) financing activities-continuing operations $ (12,089 ) $ (62,763 ) (a) Includes eliminations of other cash flows activities including those related to GE Capital enabled GE industrial orders, various investments, loans and allocations of GE corporate overhead costs.

GUARANTOR FINANCIAL INFORMATION

GUARANTOR FINANCIAL INFORMATION	6 Months Ended
	Jun. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
GUARANTOR FINANCIAL INFORMATION	GUARANTOR FINANCIAL INFORMATION GUARANTOR AND NON-GUARANTOR CONDENSED CONSOLIDATING FINANCIAL INFORMATION On October 26, 2015, GE Capital International Funding Company Unlimited Company, formerly GE Capital International Funding Company (the Issuer), then a finance subsidiary of General Electric Capital Corporation, settled its previously announced private offers to exchange (the Exchange Offers) the Issuer’s new senior unsecured notes for certain outstanding debt securities of General Electric Capital Corporation. The new notes that were issued were fully and unconditionally, jointly and severally guaranteed by both the Company and GE Capital International Holdings Limited (GECIHL) (each a Guarantor, and together, the Guarantors). Under the terms of a registration rights agreement entered into in connection with the Exchange Offers, the Issuer and the Company agreed to file a registration statement with the U.S. Securities and Exchange Commission (SEC) for an offer to exchange new senior notes of the Issuer registered with the SEC and guaranteed by the Guarantors for certain of the Issuer’s outstanding unregistered senior notes. This exchange was completed in July 2016. PRESENTATION In connection with the registration of the senior notes, the Company is required to provide certain financial information regarding the Issuer and the Guarantors of the registered securities. Included are the Condensed Consolidating Statements of Earnings and Comprehensive Income for the three months ended June 30, 2017 and 2016 and six months ended June 30, 2017 and 2016, Condensed Consolidating Statements of Financial Position as of June 30, 2017 and December 31, 2016 and Condensed Consolidating Statements of Cash Flows for the six months ended June 30, 2017 and 2016 for: • General Electric Company (the Parent Company Guarantor) - prepared with investments in subsidiaries accounted for under the equity method of accounting and excluding any inter-segment eliminations; • GE Capital International Funding Company Unlimited Company (the Subsidiary Issuer) – finance subsidiary for debt; • GE Capital International Holdings Limited (GECIHL) (the Subsidiary Guarantor) - prepared with investments in non-guarantor subsidiaries accounted for under the equity method of accounting; • Non-Guarantor Subsidiaries - prepared on an aggregated basis excluding any elimination or consolidation adjustments and includes predominantly all non-cash adjustments for cash flows; • Consolidating Adjustments - adjusting entries necessary to consolidate the Parent Company Guarantor with the Subsidiary Issuer, the Subsidiary Guarantor and Non-Guarantor Subsidiaries; and • Consolidated - prepared on a consolidated basis. CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED JUNE 30, 2017 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Revenues and other income Sales of goods and services $ 8,080 $ — $ — $ 37,615 $ (18,456 ) $ 27,239 Other income 27,632 — — 28,005 (55,339 ) 298 Equity in earnings (loss) of affiliates (25,246 ) — 450 13,982 10,813 — GE Capital revenues from services — 173 188 2,589 (928 ) 2,022 Total revenues and other income 10,467 173 638 82,191 (63,910 ) 29,558 Costs and expenses Interest and other financial charges 767 159 489 1,221 (1,463 ) 1,174 Other costs and expenses 8,557 — 9 37,570 (19,265 ) 26,870 Total costs and expenses 9,324 159 497 38,791 (20,728 ) 28,044 Earnings (loss) from continuing operations before income taxes 1,143 14 141 43,400 (43,183 ) 1,515 Benefit (provision) for income taxes 370 (2 ) — (230 ) (154 ) (15 ) Earnings (loss) from continuing operations 1,513 12 141 43,170 (43,336 ) 1,499 Earnings (loss) from discontinued operations, net of taxes (146 ) — (5 ) 3 2 (146 ) Net earnings (loss) 1,367 12 136 43,172 (43,334 ) 1,354 Less net earnings (loss) attributable to noncontrolling interests — — — 16 (30 ) (14 ) Net earnings (loss) attributable to the Company 1,367 12 136 43,156 (43,304 ) 1,367 Other comprehensive income (loss) 1,317 — 32 (25,537 ) 25,505 1,317 Comprehensive income (loss) attributable to the Company $ 2,685 $ 12 $ 168 $ 17,619 $ (17,799 ) $ 2,685 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED JUNE 30, 2016 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Revenues and other income Sales of goods and services $ 10,664 $ — $ — $ 38,202 $ (20,838 ) $ 28,028 Other income (264 ) — — 16,043 (12,629 ) 3,150 Equity in earnings (loss) of affiliates 5,228 — (5 ) 15,305 (20,528 ) 0 GE Capital revenues from services 0 200 722 1,760 (365 ) 2,316 Total revenues and other income 15,628 200 717 71,310 (54,359 ) 33,494 Costs and expenses Interest and other financial charges 851 175 677 1,412 (1,790 ) 1,326 Other costs and expenses 11,601 — 19 38,786 (22,062 ) 28,344 Total costs and expenses 12,453 175 695 40,198 (23,852 ) 29,670 Earnings (loss) from continuing operations before income taxes 3,175 25 21 31,111 (30,508 ) 3,824 Benefit (provision) for income taxes 312 (3 ) (43 ) (473 ) (254 ) (461 ) Earnings (loss) from continuing operations 3,486 22 (22 ) 30,639 (30,762 ) 3,363 Earnings (loss) from discontinued operations, net of taxes (541 ) — (521 ) 600 (80 ) (541 ) Net earnings (loss) 2,946 22 (542 ) 31,239 (30,841 ) 2,823 Less net earnings (loss) attributable to noncontrolling interests — — — (66 ) (20 ) (86 ) Net earnings (loss) attributable to the Company 2,946 22 (542 ) 31,305 (30,822 ) 2,908 Other comprehensive income (loss) 807 — 246 579 (825 ) 807 Comprehensive income (loss) attributable to the Company $ 3,753 $ 22 $ (297 ) $ 31,884 $ (31,646 ) $ 3,715 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE SIX MONTHS ENDED JUNE 30, 2017 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Revenues and other income Sales of goods and services $ 16,872 $ — $ — $ 73,705 $ (38,110 ) $ 52,467 Other income 27,686 — — 32,625 (59,845 ) 465 Equity in earnings (loss) of affiliates (22,802 ) — 692 50,664 (28,555 ) — GE Capital revenues from services — 329 374 4,859 (1,275 ) 4,286 Total revenues and other income 21,756 329 1,066 161,853 (127,786 ) 57,219 Costs and expenses Interest and other financial charges 1,677 309 943 2,303 (2,920 ) 2,313 Other costs and expenses 18,186 — 22 73,511 (39,159 ) 52,560 Total costs and expenses 19,862 309 965 75,814 (42,078 ) 54,872 Earnings (loss) from continuing operations before income taxes 1,894 20 101 86,039 (85,707 ) 2,346 Benefit (provision) for income taxes 514 (2 ) 115 (699 ) 41 (31 ) Earnings (loss) from continuing operations 2,408 17 215 85,341 (85,666 ) 2,315 Earnings (loss) from discontinued operations, net of taxes (388 ) — 278 3 (278 ) (385 ) Net earnings (loss) 2,020 17 493 85,344 (85,944 ) 1,931 Less net earnings (loss) attributable to noncontrolling interests — — — (32 ) (57 ) (90 ) Net earnings (loss) attributable to the Company 2,020 17 493 85,376 (85,887 ) 2,020 Other comprehensive income (loss) 3,144 — 649 (26,994 ) 26,345 3,144 Comprehensive income (loss) attributable to the Company $ 5,164 $ 17 $ 1,142 $ 58,382 $ (59,542 ) $ 5,164 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE SIX MONTHS ENDED JUNE 30, 2016 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Revenues and other income Sales of goods and services $ 20,676 $ — $ — $ 71,961 $ (39,295 ) $ 53,342 Other income (38 ) — — 19,484 (16,288 ) 3,158 Equity in earnings (loss) of affiliates 6,135 — 665 28,928 (35,728 ) 0 GE Capital revenues from services 0 596 1,019 6,344 (3,121 ) 4,838 Total revenues and other income 26,774 596 1,683 126,717 (94,431 ) 61,339 Costs and expenses Interest and other financial charges 1,662 547 1,608 3,171 (3,927 ) 3,062 Other costs and expenses 22,057 — 55 74,624 (42,522 ) 54,214 Total costs and expenses 23,719 548 1,663 77,795 (46,449 ) 57,276 Earnings (loss) from continuing operations before income taxes 3,055 48 20 48,922 (47,983 ) 4,063 Benefit (provision) for income taxes 931 (6 ) (46 ) (958 ) (205 ) (284 ) Earnings (loss) from continuing operations 3,986 42 (26 ) 47,964 (48,187 ) 3,779 Earnings (loss) from discontinued operations, net of taxes (849 ) — (996 ) 174 821 (849 ) Net earnings (loss) 3,137 42 (1,022 ) 48,138 (47,366 ) 2,930 Less net earnings (loss) attributable to noncontrolling interests — — — (91 ) (116 ) (207 ) Net earnings (loss) attributable to the Company 3,137 42 (1,022 ) 48,230 (47,250 ) 3,137 Other comprehensive income (loss) 1,631 (12 ) 63 847 (898 ) 1,631 Comprehensive income (loss) attributable to the Company $ 4,767 $ 30 $ (958 ) $ 49,076 $ (48,148 ) $ 4,767 CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION JUNE 30, 2017 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Assets Cash and equivalents $ 4,420 $ — $ 3 $ 40,174 $ (547 ) $ 44,049 Investment securities 1 — — 42,065 (2,098 ) 39,968 Receivables - net 54,549 17,233 31,020 80,421 (143,470 ) 39,753 Inventories 5,265 — — 22,111 (4,533 ) 22,843 Property, plant and equipment - net 5,891 — — 46,284 (2,007 ) 50,167 Investment in subsidiaries(a) 284,471 — 80,491 472,477 (837,439 ) 0 Goodwill and intangible assets 7,207 — — 50,518 31,539 89,264 All other assets 15,238 44 79 205,041 (158,823 ) 61,579 Assets of discontinued operations — — — — 7,850 7,850 Total assets $ 377,041 $ 17,278 $ 111,593 $ 959,089 $ (1,109,528 ) $ 355,473 Liabilities and equity Short-term borrowings $ 177,190 $ — $ 45,994 $ 25,300 $ (218,441 ) $ 30,044 Accounts payable (1,380 ) — — 56,038 (41,375 ) 13,283 Other current liabilities 11,732 34 3 24,489 (251 ) 36,007 Long-term and non-recourse borrowings 71,784 16,703 34,601 53,234 (71,963 ) 104,359 All other liabilities 43,567 352 279 55,363 (7,667 ) 91,894 Liabilities of discontinued operations — — — — 911 911 Total Liabilities 302,893 17,089 80,878 214,424 (338,786 ) 276,498 Redeemable noncontrolling interests — — — 2,433 760 3,193 GE shareowners' equity 74,148 189 30,716 740,746 (771,651 ) 74,148 Noncontrolling interests — — — 1,486 148 1,634 Total equity 74,148 189 30,716 742,232 (771,503 ) 75,783 Total liabilities, redeemable noncontrolling interests and equity $ 377,041 $ 17,278 $ 111,593 $ 959,089 $ (1,109,528 ) $ 355,473 (a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $21,419 million and net assets of discontinued operations of $3,711 million . CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2016 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Assets Cash and equivalents $ 2,558 $ — $ 3 $ 46,994 $ (1,426 ) $ 48,129 Investment securities 1 — — 47,394 (3,082 ) 44,313 Receivables - net 63,620 17,157 30,470 79,401 (148,385 ) 42,263 Inventories 4,654 — — 21,076 (3,377 ) 22,354 Property, plant and equipment - net 5,768 — — 46,366 (1,615 ) 50,518 Investment in subsidiaries(a) 272,685 — 80,481 492,674 (845,840 ) — Goodwill and intangible assets 8,128 — — 42,074 36,673 86,875 All other assets 14,692 44 39 201,276 (160,134 ) 55,917 Assets of discontinued operations — — — — 14,815 14,815 Total assets $ 372,107 $ 17,202 $ 110,992 $ 977,255 $ (1,112,372 ) $ 365,183 Liabilities and equity Short-term borrowings $ 167,089 $ 1 $ 46,432 $ 25,919 $ (208,727 ) $ 30,714 Accounts payable 5,412 — — 47,366 (38,343 ) 14,435 Other current liabilities 11,072 33 117 25,095 114 36,431 Long-term and non-recourse borrowings 68,983 16,486 34,389 68,912 (83,273 ) 105,496 All other liabilities 43,722 511 481 58,376 (9,656 ) 93,434 Liabilities of discontinued operations — — — — 4,158 4,158 Total Liabilities 296,279 17,030 81,419 225,667 (335,727 ) 284,668 Redeemable noncontrolling interests — — — 2,223 802 3,025 GE shareowners' equity 75,828 171 29,573 747,719 (777,463 ) 75,828 Noncontrolling interests — — — 1,647 16 1,663 Total equity 75,828 171 29,573 749,366 (777,447 ) 77,491 Total liabilities, redeemable noncontrolling interests and equity $ 372,107 $ 17,202 $ 110,992 $ 977,255 $ (1,112,372 ) $ 365,183 (a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $28,516 million and net assets of discontinued operations of $6,012 million . CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS SIX MONTHS ENDED JUNE 30, 2017 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash flows – operating activities Cash from (used for) operating activities - continuing operations $ 12,674 $ 25 $ 225 $ 113,799 $ (123,335 ) $ 3,389 Cash from (used for) operating activities - discontinued operations (388 ) — — (507 ) — (895 ) Cash from (used for) operating activities 12,286 25 225 113,292 (123,335 ) 2,494 Cash flows – investing activities Cash from (used for) investing activities – continuing operations (26,871 ) (25 ) 608 (60,997 ) 91,369 4,083 Cash from (used for) investing activities – discontinued operations — — — (1,922 ) — (1,922 ) Cash from (used for) investing activities (26,871 ) (25 ) 608 (62,919 ) 91,369 2,161 Cash flows – financing activities Cash from (used for) financing activities – continuing operations 16,446 — (833 ) (60,547 ) 32,845 (12,089 ) Cash from (used for) financing activities – discontinued operations — — — 1,909 — 1,909 Cash from (used for) financing activities 16,446 — (833 ) (58,639 ) 32,845 (10,181 ) Effect of currency exchange rate changes on cash and equivalents — — — 538 — 538 Increase (decrease) in cash and equivalents 1,861 — — (7,728 ) 879 (4,988 ) Cash and equivalents at beginning of year 2,558 — 3 48,423 (1,426 ) 49,558 Cash and equivalents at June 30 4,420 — 3 40,696 (547 ) 44,571 Less cash and equivalents of discontinued operations at June 30 — — — 522 — 522 Cash and equivalents of continuing operations at June 30 $ 4,420 $ — $ 3 $ 40,174 $ (547 ) $ 44,049 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS SIX MONTHS ENDED JUNE 30, 2016 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash flows – operating activities Cash from (used for) operating activities - continuing operations $ (21,014 ) $ 182 $ 1,032 $ 10,275 $ 11,539 $ 2,014 Cash from (used for) operating activities - discontinued operations (849 ) — (996 ) (3,826 ) 821 (4,849 ) Cash from (used for) operating activities (21,863 ) 182 37 6,449 12,361 (2,835 ) Cash flows – investing activities Cash from (used for) investing activities – continuing operations 17,416 16,084 7,995 97,631 (96,712 ) 42,414 Cash from (used for) investing activities – discontinued operations — — — (10,646 ) — (10,646 ) Cash from (used for) investing activities 17,416 16,084 7,995 86,985 (96,712 ) 31,768 Cash flows – financing activities Cash from (used for) financing activities – continuing operations 3,174 (16,265 ) (7,995 ) (142,451 ) 100,775 (62,763 ) Cash from (used for) financing activities – discontinued operations — — — (711 ) — (711 ) Cash from (used for) financing activities 3,174 (16,265 ) (7,995 ) (143,162 ) 100,775 (63,474 ) Effect of currency exchange rate changes on cash and equivalents — — — (24 ) — (24 ) Increase (decrease) in cash and equivalents (1,274 ) — 37 (49,752 ) 16,424 (34,565 ) Cash and equivalents at beginning of year 4,137 — — 107,350 (20,609 ) 90,878 Cash and equivalents at June 30 2,863 — 37 57,598 (4,185 ) 56,313 Less cash and equivalents of discontinued operations at June 30 — — — 4,190 — 4,190 Cash and equivalents of continuing operations at June 30 $ 2,863 $ — $ 37 $ 53,408 $ (4,185 ) $ 52,123

SUPPLEMENTAL INFORMATION

SUPPLEMENTAL INFORMATION	6 Months Ended
	Jun. 30, 2017
Other Income and Expenses [Abstract]
SUPPLEMENTAL INFORMATION	SUPPLEMENTAL INFORMATION CASH FLOWS INFORMATION Amounts reported in the "All other operating activities" line in the Statement of Cash Flows reflect cash sources and uses as well as non-cash adjustments to net income including those related to taxes, interest, pension, contract assets and gains (losses) on principal business dispositions. Certain supplemental information related to our cash flows is shown below. Six months ended June 30 (In millions) 2017 2016 GE All other operating activities (Gains) losses on purchases and sales of business interests $ (42 ) $ (3,140 ) Contract assets (net)(a) (3,202 ) (2,431 ) Income taxes(b) (709 ) (1,184 ) Interest charges(c) 353 182 Principal pension plans(d) 1,542 1,680 Other (1,122 ) (114 ) $ (3,180 ) $ (5,007 ) Net dispositions (purchases) of GE shares for treasury Open market purchases under share repurchase program $ (3,344 ) $ (14,244 ) Other purchases — (776 ) Dispositions 612 726 $ (2,732 ) $ (14,292 ) (a) Contract assets are presented net of related billings in excess of revenues on our long-term product service agreements. See Note 9. (b) Reflected the effects of current tax expense (benefit) of $583 million and $500 million and net cash paid during the year for income taxes of $(1,292) million and $(1,684) million for the six months ended June 30, 2017 and 2016 , respectively. Cash flows effects of deferred tax provisions (benefits) are shown separately within cash flows from operating activities. (c) Reflected the effects of interest expense of $1,200 million and $1,007 million and cash paid for interest of $(848) million and $(825) million for the six months ended June 30, 2017 and 2016 , respectively. (d) Reflected the effects of pension costs of $1,869 million and $1,780 million and employer contributions of $(327) million and $(100) million for the six months ended June 30, 2017 and 2016 , respectively. See Note 12. DERIVATIVES AND HEDGING See Note 16 for the primary information related to our derivatives and hedging activity. This section provides certain supplemental information about this topic. Changes in the fair value of derivatives are recorded in a separate component of equity (referred to below as Accumulated Other Comprehensive Income, or AOCI) and are recorded in earnings in the period in which the hedged transaction occurs. The table below summarizes this activity by hedging instrument. FAIR VALUE OF DERIVATIVES June 30, 2017 December 31, 2016 (In millions) Assets Liabilities Assets Liabilities Derivatives accounted for as hedges Interest rate contracts $ 2,728 $ 109 $ 3,106 $ 210 Currency exchange contracts 62 160 402 624 Other contracts — — — — 2,790 269 3,508 834 Derivatives not accounted for as hedges Interest rate contracts 58 10 62 20 Currency exchange contracts 1,132 2,199 1,778 4,011 Other contracts 97 34 119 17 1,287 2,242 1,958 4,048 Gross derivatives recognized in statement of financial position Gross derivatives 4,077 2,511 5,467 4,883 Gross accrued interest 470 (13 ) 768 (24 ) 4,547 2,497 6,234 4,859 Amounts offset in statement of financial position Netting adjustments(a) (1,606 ) (1,605 ) (3,097 ) (3,094 ) Cash collateral(b) (2,059 ) (462 ) (2,025 ) (1,355 ) (3,665 ) (2,066 ) (5,121 ) (4,449 ) Net derivatives recognized in statement of financial position Net derivatives 882 431 1,113 410 Amounts not offset in statement of financial position Securities held as collateral(c) (432 ) — (442 ) — Net amount $ 450 $ 431 $ 671 $ 410 Derivatives are classified in the captions "All other assets" and "All other liabilities" and the related accrued interest is classified in "Other GE Capital receivables" and "All other liabilities" in our Statement of Financial Position. (a) The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts include fair value adjustments related to our own and counterparty non-performance risk. At June 30, 2017 and December 31, 2016 , the cumulative adjustment for non-performance risk was $(1) million and $(3) million , respectively. (b) Excluded excess cash collateral received and posted of $284 million and $142 million at June 30, 2017 , respectively, and $6 million and $177 million at December 31, 2016 , respectively. (c) Excluded excess securities collateral received of $68 million and zero at June 30, 2017 and December 31, 2016 , respectively. CASH FLOW HEDGE ACTIVITY Gain (loss) recognized in AOCI Gain (loss) reclassified for the three months ended June 30 for the three months ended June 30 (In millions) 2017 2016 2017 2016 Interest rate contracts $ 3 $ 12 $ (6 ) $ (26 ) Currency exchange contracts 32 1 71 40 Commodity contracts (2 ) (1 ) — (1 ) Total(a) $ 34 $ 12 $ 65 $ 14 CASH FLOW HEDGE ACTIVITY Gain (loss) recognized in AOCI Gain (loss) reclassified for the six months ended June 30 for the six months ended June 30 (In millions) 2017 2016 2017 2016 Interest rate contracts $ 2 $ 31 $ (15 ) $ (55 ) Currency exchange contracts 54 (77 ) 79 (13 ) Commodity contracts — — — (3 ) Total(a) $ 56 $ (45 ) $ 64 $ (71 ) (a) Gain (loss) is recorded in "GE Capital revenues from services", "Interest and other financial charges", and "Other costs and expenses" in our Statement of Earnings when reclassified. The total pre-tax amount in AOCI related to cash flow hedges of forecasted transactions was a $41 million gain at June 30, 2017 . We expect to transfer $18 million loss to earnings as an expense in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. In both the six months ended 2017 and 2016, we recognized insignificant gains and losses related to hedged forecasted transactions and firm commitments that did not occur by the end of the originally specified period. At June 30, 2017 and 2016, the maximum term of derivative instruments that hedge forecasted transactions was 15 years and 16 years, respectively. See Note 14 for additional information about reclassifications out of AOCI. For cash flow hedges, the amount of ineffectiveness in the hedging relationship and amount of the changes in fair value of the derivatives that are not included in the measurement of ineffectiveness were insignificant for each reporting period. COUNTERPARTY CREDIT RISK Fair values of our derivatives can change significantly from period to period based on, among other factors, market movements and changes in our positions. We manage counterparty credit risk (the risk that counterparties will default and not make payments to us according to the terms of our agreements) on an individual counterparty basis. Where we have agreed to netting of derivative exposures with a counterparty, we net our exposures with that counterparty and apply the value of collateral posted to us to determine the exposure. We actively monitor these net exposures against defined limits and take appropriate actions in response, including requiring additional collateral. As discussed above, we have provisions in certain of our master agreements that require counterparties to post collateral (typically, cash or U.S. Treasury securities) when our receivable due from the counterparties, measured at current market value, exceeds a specified limit. The fair value of such collateral was $2,491 million at June 30, 2017 , of which $2,059 million was cash and $432 million was in the form of securities held by a custodian for our benefit. Under certain of these same agreements, we post collateral to our counterparties for our derivative obligations, the fair value of which was $462 million at June 30, 2017 . At June 30, 2017 , our exposure to counterparties (including accrued interest), net of collateral we hold, was $320 million . This excludes exposure related to embedded derivatives. Additionally, our master agreements typically contain mutual downgrade provisions that provide the ability of each party to require termination if the long-term credit rating of the counterparty were to fall below A-/A3 or other ratings levels agreed upon with the counterparty. In certain of these master agreements, each party also has the ability to require termination if the short-term rating of the counterparty were to fall below A-1/P-1. Our master agreements also typically contain provisions that provide termination rights upon the occurrence of certain other events, such as a bankruptcy or events of default by one of the parties. If an agreement was terminated under any of these circumstances, the termination amount payable would be determined on a net basis and could also take into account any collateral posted. The net amount of our derivative liability, after consideration of collateral posted by us and outstanding interest payments was $367 million at June 30, 2017 . This excludes exposure related to embedded derivatives.

SEGMENT OPERATIONS

SEGMENT OPERATIONS	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
SEGMENT OPERATIONS	SEGMENT OPERATIONS SUMMARY OF OPERATING SEGMENTS Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 V% 2017 2016 V% Revenues Power $ 6,969 $ 6,639 5 % $ 13,058 $ 11,843 10 % Renewable Energy 2,457 2,094 17 % 4,501 3,763 20 % Oil & Gas 3,108 3,219 (3) % 6,110 6,533 (6 )% Aviation 6,532 6,511 — % 13,336 12,774 4 % Healthcare 4,700 4,525 4 % 8,990 8,708 3 % Transportation 1,071 1,240 (14) % 2,110 2,222 (5 )% Energy Connections & Lighting(a) 3,210 4,401 (27) % 5,957 8,657 (31 )% Total industrial segment revenues 28,047 28,630 (2) % 54,063 54,499 (1 )% Capital 2,446 2,771 (12) % 5,127 5,656 (9 )% Total segment revenues 30,493 31,401 (3) % 59,190 60,155 (2 )% Corporate items and eliminations (935 ) 2,093 (1,972 ) 1,184 Consolidated revenues $ 29,558 $ 33,494 (12) % $ 57,219 $ 61,339 (7 )% Segment profit (loss) Power $ 1,031 $ 1,140 (10) % $ 1,827 $ 1,714 7 % Renewable Energy 160 128 25 % 267 211 27 % Oil & Gas 155 320 (52) % 361 628 (43 )% Aviation 1,492 1,348 11 % 3,176 2,872 11 % Healthcare 826 782 6 % 1,469 1,413 4 % Transportation 203 273 (26) % 359 437 (18 )% Energy Connections & Lighting(a) 80 131 (39) % 109 162 (33 )% Total industrial segment profit 3,947 4,122 (4) % 7,568 7,437 2 % Capital (172 ) (600 ) 71 % (219 ) (1,492 ) 85 % Total segment profit (loss) 3,775 3,523 7 % 7,349 5,944 24 % Corporate items and eliminations (1,583 ) 974 (3,592 ) (597 ) GE interest and other financial charges (637 ) (567 ) (1,200 ) (1,007 ) GE provision for income taxes (218 ) (629 ) (361 ) (793 ) Earnings (loss) from continuing operations attributable to GE common shareowners 1,338 3,300 (59) % 2,196 3,548 (38 )% Earnings (loss) from discontinued operations, net of taxes (146 ) (541 ) 73 % (385 ) (849 ) 55 % Less net earnings attributable to noncontrolling interests, discontinued operations 7 3 7 3 Earnings (loss) from discontinued operations, net of tax and noncontrolling interest (152 ) (544 ) 72 % (392 ) (852 ) 54 % Consolidated net earnings (loss) attributable to the GE common shareowners $ 1,185 $ 2,756 (57) % $ 1,804 $ 2,695 (33 )% (a) Beginning in the third quarter of 2017, the Energy Connections business within the Energy Connections & Lighting segment is expected to be combined with the Power segment and presented as one reporting segment called Power. REVENUES AND PROFIT Segment revenues include revenues and other income related to the segment. Segment profit is determined based on internal performance measures used by the Chief Executive Officer (CEO) to assess the performance of each business in a given period. In connection with that assessment, the CEO may exclude matters, such as charges for restructuring, rationalization and other similar expenses, acquisition costs and other related charges, technology and product development costs, certain gains and losses from acquisitions or dispositions, and litigation settlements or other charges, for which responsibility preceded the current management team. See the Corporate Items and Eliminations section within this MD&A for additional information about costs excluded from segment profit. Segment profit excludes results reported as discontinued operations and material accounting changes. Segment profit also excludes the portion of earnings or loss attributable to noncontrolling interests of consolidated subsidiaries, and as such only includes the portion of earnings or loss attributable to our share of the consolidated earnings or loss of consolidated subsidiaries. Segment profit excludes or includes interest and other financial charges, income taxes, and preferred stock dividends according to how a particular segment’s management is measured: • Interest and other financial charges, income taxes and GE preferred stock dividends are excluded in determining segment profit (which we sometimes refer to as “operating profit”) for the industrial segments. • Interest and other financial charges, income taxes and GE Capital preferred stock dividends are included in determining segment profit (which we sometimes refer to as “net earnings”) for the Capital segment. Certain corporate costs, such as shared services, employee benefits, and information technology, are allocated to our segments based on usage. A portion of the remaining corporate costs is allocated based on each segment’s relative net cost of operations. With respect to the segment revenue and profit walks, the overall effect of foreign exchange is included within multiple captions as follows: • The translational foreign exchange impact is included within Foreign Exchange. • The transactional impact of foreign exchange hedging is included in operating cost within Productivity and in other income within Other.

BASIS OF PRESENTATION AND SUM30

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The accompanying consolidated financial statements represent the consolidation of General Electric Company (the Company) and all companies that we directly or indirectly control, either through majority ownership or otherwise. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2016 that discusses our consolidation and financial statement presentation. As used in this report on Form 10-Q (Report), “GE” represents the adding together of all affiliated companies except GE Capital (GE Capital or Financial Services), whose continuing operations are presented on a one-line basis; GE Capital consists of General Capital Global Holdings, LLC (GECGH) and all of its affiliates; and “Consolidated” represents the adding together of GE and GE Capital with the effects of transactions between the two eliminated. Unless otherwise indicated, we refer to the caption revenues and other income simply as “revenues” throughout this Form 10-Q.
RECLASSIFICATION	We have reclassified certain prior-period amounts to conform to the current-period presentation.
ACCOUNTING CHANGES	ACCOUNTING CHANGES On January 1, 2017, we adopted ASU 2015-11, Simplifying the Measurement of Inventory , which was intended to simplify the subsequent measurement of inventory held by an entity not measured using last-in, first-out (LIFO) or retail inventory method. The amendments eliminated the requirement that entities consider the replacement cost of inventory and the net realizable value less a normal profit margin, which was historically used to establish a floor and ceiling for an assessment of market value. The adoption of this standard was immaterial to our financial statements. On September 30, 2016, we adopted ASU 2016-09, Improvements to Employee Share-Based Payment Accounting , which was intended to simplify several aspects of the accounting for employee share-based payment transactions including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. We adopted the standard on a prospective basis with the effect of adoption reflected for the interim periods after the year beginning January 1, 2016 as required by the standard. The primary effects of adoption were the recognition of excess tax benefits in our provision for income taxes rather than paid-in capital and the reclassification of cash flows related to excess tax benefits from a financing activity to an operating activity for the periods beginning January 1, 2016. We will continue to estimate the number of awards that are expected to vest in our determination of the related periodic compensation cost. As a result of the adoption, our provision for income taxes decreased by $41 million and $97 million for the three and nine months ended September 30, 2016, respectively for the excess tax benefits related to share-based payments in its provision for income taxes. Application of the cash flow presentation requirements from January 1, 2016, resulted in an increase in cash from operating activities and an offsetting decrease in cash from financing activities of $59 million and $137 million for the three and nine months ended September 30, 2016, respectively. Additionally, as the adoption of the standard was reflected as of the beginning of 2016, the benefit for income taxes increased $ 19 million and $56 million for the three and six months ended June 30, 2016 , respectively, and cash flow from operating activities increased by $ 78 million with an offsetting decrease in cash from financing activities for the six months ended June 30, 2016 .

BUSINESSES HELD FOR SALE AND 31

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)	6 Months Ended
	Jun. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Financial Information for Assets and Liabilities of Businesses Held For Sale and Discontinued Operations	FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Operations Total revenues and other income (loss) $ 9 $ 568 $ 88 $ 1,861 Earnings (loss) from discontinued operations before income taxes $ (216 ) $ (240 ) $ (412 ) $ (160 ) Benefit (provision) for income taxes (a) 66 170 128 182 Earnings (loss) from discontinued operations, net of taxes $ (150 ) $ (70 ) $ (284 ) $ 22 Disposal Gain (loss) on disposal before income taxes $ 8 $ (295 ) $ (19 ) $ (540 ) Benefit (provision) for income taxes (a) (3 ) (177 ) (81 ) (331 ) Gain (loss) on disposal, net of taxes $ 4 $ (472 ) $ (100 ) $ (871 ) Earnings (loss) from discontinued operations, net of taxes(b)(c) $ (146 ) $ (541 ) $ (385 ) $ (849 ) (a) GE Capital's total tax benefit (provision) for discontinued operations and disposals included current tax benefit (provision) of $253 million and $(47) million for the three months ended June 30, 2017 and 2016 , respectively, and $(323) million and $(881) million for the six months ended June 30, 2017 and 2016 , respectively, including current U.S. Federal tax benefit (provision) of $68 million and $29 million for the three months ended June 30, 2017 and 2016 , respectively, and $(519) million and $(471) million for the six months ended June 30, 2017 and June 30, 2016, respectively. The deferred tax benefit (provision) was $(190) million and $40 million for the three months ended June 30, 2017 and 2016 , respectively, and $370 million and $732 million for the six months ended June 30, 2017 and June 30, 2016, respectively. (b) The sum of GE Industrial earnings (loss) from discontinued operations, net of taxes, and GE Capital earnings (loss) from discontinued operations, net of taxes, after adjusting for earnings (loss) attributable to noncontrolling interests related to discontinued operations, is reported within earnings (loss) from discontinued operations, net of taxes, in the GE Industrial column of the Consolidated Statement of Earnings (Loss). (c) Earnings (loss) from discontinued operations attributable to the Company, before income taxes, was $(215) million and $(537) million for the three months ended June 30, 2017 and 2016 , respectively, and $(438) million and $(703) million for the six months ended June 30, 2017 and 2016, respectively. (In millions) June 30, 2017 December 31, 2016 Assets Cash and equivalents $ 522 $ 1,429 Investment securities 1,729 2,626 Deferred income taxes 950 487 Financing receivables held for sale 3,711 8,547 Other assets 938 1,727 Assets of discontinued operations $ 7,850 $ 14,815 Liabilities Accounts payable 87 164 Borrowings — 2,076 Other liabilities 825 1,918 Liabilities of discontinued operations $ 911 $ 4,158 FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE (In millions) June 30, 2017 December 31, 2016 Assets Current receivables(a) $ 698 $ 366 Inventories 579 211 Property, plant, and equipment – net 1,034 632 Goodwill 1,258 212 Other intangible assets – net 237 123 Contract assets 195 125 Other 96 76 Assets of businesses held for sale $ 4,096 $ 1,745 Liabilities Accounts payable $ 394 $ 190 Progress collections and price adjustments accrued 155 141 Other current liabilities 264 133 Non-current compensation and benefits 219 82 Other 162 110 Liabilities of businesses held for sale $ 1,195 $ 656 (a) Included transactions in our industrial businesses that were made on an arms-length basis with GE Capital, consisting of GE customer receivables sold to GE Capital of $ 280 million and $ 117 million at June 30, 2017 and December 31, 2016 , respectively. These intercompany balances included within our held for sale businesses are reported in the GE and GE Capital columns of our financial statements, but are eliminated in deriving our consolidated financial statements.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Securities	June 30, 2017 December 31, 2016 (In millions) Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value (a) Amortized Gross Gross Estimated (a) Debt U.S. corporate $ 20,129 $ 3,550 $ (50 ) $ 23,629 $ 20,049 $ 3,081 $ (85 ) $ 23,046 Non-U.S. corporate 7,106 95 (19 ) 7,182 11,917 98 (27 ) 11,987 State and municipal 3,934 504 (67 ) 4,371 3,916 412 (92 ) 4,236 Mortgage and asset-backed 2,738 103 (20 ) 2,821 2,787 111 (37 ) 2,861 Government and agencies 1,664 99 (2 ) 1,761 1,842 160 (26 ) 1,976 Equity (b) 171 34 (2 ) 204 154 55 (1 ) 208 Total $ 35,743 $ 4,384 $ (159 ) $ 39,968 $ 40,665 $ 3,917 $ (269 ) $ 44,313 (a) Includes $162 million and $137 million of investment securities held by GE at June 30, 2017 and December 31, 2016, respectively, of which $107 million and $86 million are equity securities. (b) Estimated fair values include $75 million and $17 million of trading securities at June 30, 2017 and December 31, 2016, respectively. Net unrealized gains (losses) recorded to earnings related to these securities were $29 million and an insignificant amount for the three months ended and $29 million and $(2) million for the six months ended June 30, 2017 and 2016, respectively.
Schedule of Estimated Fair Value and Gross Unrealized Losses of Available-For-Sale Investment Securities	ESTIMATED FAIR VALUE AND GROSS UNREALIZED LOSSES OF AVAILABLE-FOR-SALE INVESTMENT SECURITIES In loss position for Less than 12 months 12 months or more (In millions) Estimated fair value Gross unrealized losses Estimated Gross June 30, 2017 Debt U.S. corporate $ 957 $ (39 ) $ 233 $ (11 ) Non-U.S. corporate 5,102 (15 ) 12 (4 ) State and municipal 210 (15 ) 156 (52 ) Mortgage and asset-backed 856 (18 ) 42 (2 ) Government and agencies 437 (2 ) — — Equity 9 (2 ) — — Total $ 7,571 $ (90 ) $ 443 $ (69 ) December 31, 2016 Debt U.S. corporate $ 1,692 $ (55 ) $ 359 $ (30 ) Non-U.S. corporate 5,352 (26 ) 14 (1 ) State and municipal 674 (27 ) 158 (64 ) Mortgage and asset-backed 822 (21 ) 132 (16 ) Government and agencies 549 (26 ) — — Equity 9 (1 ) — — Total $ 9,098 $ (157 ) $ 663 $ (111 )
Schedule of Contractual Maturities of Investment in Available-For-Sale Debt Securities (Excluding Mortgage and Asset-Backed Securities)	CONTRACTUAL MATURITIES OF INVESTMENT IN AVAILABLE-FOR-SALE DEBT SECURITIES (EXCLUDING MORTGAGE AND ASSET-BACKED SECURITIES) (In millions) Amortized cost Estimated fair value Due Within one year $ 5,902 $ 5,900 After one year through five years 4,255 4,449 After five years through ten years 5,209 5,704 After ten years 17,468 20,890

CURRENT RECEIVABLES (Tables)

CURRENT RECEIVABLES (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of Current Receivables	Consolidated(a)(b) GE(c) (In millions) June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Current receivables $ 22,407 $ 24,935 $ 12,647 $ 13,562 Allowance for losses (960 ) (858 ) (949 ) (847 ) Total $ 21,447 $ 24,076 $ 11,697 $ 12,715 (a) Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $ 10,599 million and $ 12,304 million at June 30, 2017 and December 31, 2016 , respectively. The consolidated total included a deferred purchase price receivable of $ 374 million and $ 483 million at June 30, 2017 and December 31, 2016 , respectively, related to our Receivables Facility. (b) In order to manage the credit exposure, the Company sells additional current receivables to third parties outside the Receivables Facility, substantially all of which are serviced by the Company. The outstanding balance of these current receivables was $ 2,532 million and $ 3,821 million at June 30, 2017 and December 31, 2016 , respectively. Of these balances, $ 1,187 million and $ 2,504 million was sold by GE to GE Capital prior to the sale to third parties at June 30, 2017 and December 31, 2016 , respectively. At June 30, 2017 and December 31, 2016 , our maximum exposure to loss under the limited recourse arrangements is $ 143 million and $ 215 million, respectively. (c) GE current receivables balances at June 30, 2017 and December 31, 2016 , before allowance for losses, included $ 7,955 million and $ 8,927 million, respectively, from sales of goods and services to customers. The remainder of the balances primarily relates to supplier advances, revenue sharing programs and other non-income based tax receivables. FINANCING RECEIVABLES, NET (In millions) June 30, 2017 December 31, 2016 Loans, net of deferred income $ 19,790 $ 21,101 Investment in financing leases, net of deferred income 4,973 4,998 24,764 26,099 Allowance for losses (68 ) (58 ) Financing receivables – net $ 24,696 $ 26,041

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2017
Inventory Disclosure [Abstract]
Schedule of Inventories	(In millions) June 30, 2017 December 31, 2016 Raw materials and work in process $ 12,830 $ 12,636 Finished goods 9,110 8,798 Unbilled shipments 427 536 22,367 21,971 Revaluation to LIFO 476 383 Total inventories $ 22,843 $ 22,354

GE CAPITAL FINANCING RECEIVAB35

GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of Financing Receivables, Net	Consolidated(a)(b) GE(c) (In millions) June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Current receivables $ 22,407 $ 24,935 $ 12,647 $ 13,562 Allowance for losses (960 ) (858 ) (949 ) (847 ) Total $ 21,447 $ 24,076 $ 11,697 $ 12,715 (a) Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $ 10,599 million and $ 12,304 million at June 30, 2017 and December 31, 2016 , respectively. The consolidated total included a deferred purchase price receivable of $ 374 million and $ 483 million at June 30, 2017 and December 31, 2016 , respectively, related to our Receivables Facility. (b) In order to manage the credit exposure, the Company sells additional current receivables to third parties outside the Receivables Facility, substantially all of which are serviced by the Company. The outstanding balance of these current receivables was $ 2,532 million and $ 3,821 million at June 30, 2017 and December 31, 2016 , respectively. Of these balances, $ 1,187 million and $ 2,504 million was sold by GE to GE Capital prior to the sale to third parties at June 30, 2017 and December 31, 2016 , respectively. At June 30, 2017 and December 31, 2016 , our maximum exposure to loss under the limited recourse arrangements is $ 143 million and $ 215 million, respectively. (c) GE current receivables balances at June 30, 2017 and December 31, 2016 , before allowance for losses, included $ 7,955 million and $ 8,927 million, respectively, from sales of goods and services to customers. The remainder of the balances primarily relates to supplier advances, revenue sharing programs and other non-income based tax receivables. FINANCING RECEIVABLES, NET (In millions) June 30, 2017 December 31, 2016 Loans, net of deferred income $ 19,790 $ 21,101 Investment in financing leases, net of deferred income 4,973 4,998 24,764 26,099 Allowance for losses (68 ) (58 ) Financing receivables – net $ 24,696 $ 26,041

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	(In millions) June 30, 2017 December 31, 2016 Original cost $ 86,320 $ 85,875 Less accumulated depreciation and amortization (36,153 ) (35,356 ) Property, plant and equipment – net $ 50,167 $ 50,518

ACQUISITIONS, GOODWILL AND OT37

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Schedule of Changes in Goodwill Balances	CHANGES IN GOODWILL BALANCES (In millions) Balance at January 1, 2017 Acquisitions (a) Dispositions, currency exchange and other Balance at Power $ 19,816 $ 50 $ 237 $ 20,103 Renewable Energy 2,507 1,165 126 3,799 Oil & Gas 10,363 — 93 10,457 Aviation 9,455 16 269 9,739 Healthcare 17,424 47 38 17,509 Transportation 899 — 7 906 Energy Connections & Lighting 6,868 — (859 ) 6,009 Capital 2,368 — 1 2,369 Corporate 739 688 19 1,446 Total $ 70,438 $ 1,965 $ (69 ) $ 72,335
Schedule of Finite-Lived Intangible Assets Subject to Amortization	OTHER INTANGIBLE ASSETS - NET (In millions) June 30, 2017 December 31, 2016 Intangible assets subject to amortization $ 16,839 $ 16,336 Indefinite-lived intangible assets(a) 90 100 Total $ 16,929 $ 16,436 (a) Indefinite-lived intangible assets principally comprise trademarks and in-process research and development. INTANGIBLE ASSETS SUBJECT TO AMORTIZATION June 30, 2017 December 31, 2016 (In millions) Gross carrying amount Accumulated amortization Net Gross carrying amount Accumulated amortization Net Customer-related $ 9,446 $ (2,742 ) $ 6,704 $ 9,172 $ (2,408 ) $ 6,764 Patents and technology 9,461 (3,502 ) 5,959 8,693 (3,325 ) 5,368 Capitalized software 7,939 (4,806 ) 3,135 7,652 (4,538 ) 3,114 Trademarks 1,209 (365 ) 843 1,165 (307 ) 858 Lease valuations 129 (69 ) 59 143 (59 ) 84 Present value of future profits(a) 701 (701 ) — 684 (684 ) — All other 239 (99 ) 140 273 (124 ) 149 Total $ 29,124 $ (12,284 ) $ 16,839 $ 27,781 $ (11,444 ) $ 16,336 (a) Balances at June 30, 2017 and December 31, 2016 include adjustments of $ 227 million and $ 241 million, respectively, to the present value of future profits in our run-off insurance activities to reflect the effects that would have been recognized had the related unrealized investment securities holding net gains actually been realized.
Schedule of Indefinite-Lived Intangible Assets Subject to Amortization	OTHER INTANGIBLE ASSETS - NET (In millions) June 30, 2017 December 31, 2016 Intangible assets subject to amortization $ 16,839 $ 16,336 Indefinite-lived intangible assets(a) 90 100 Total $ 16,929 $ 16,436 (a) Indefinite-lived intangible assets principally comprise trademarks and in-process research and development.

CONTRACT ASSETS (Tables)

CONTRACT ASSETS (Tables)	6 Months Ended
	Jun. 30, 2017
Contractors [Abstract]
Schedule of Contract Assets	(In millions) June 30, 2017 December 31, 2016 GE Revenues in excess of billings Long-term product service agreements(a) $ 14,764 $ 12,752 Long-term equipment contract revenues(b) 6,774 5,859 Total revenues in excess of billings 21,538 18,611 Deferred inventory costs(c) 4,040 3,349 Non-recurring engineering costs(d) 2,295 2,185 Other 1,051 1,018 Contract assets $ 28,924 $ 25,162 (a) Long-term product service agreement balances are presented net of related billings in excess of revenues of $2,679 million and $3,750 million at June 30, 2017 and December 31, 2016 , respectively. (b) Reflects revenues earned in excess of billings on our long-term contracts to construct technically complex equipment (such as gas power systems). (c) Represents cost deferral for shipped goods (such as components for wind turbine assembly within our Renewable Energy segment) and other costs for which the revenue recognition criteria has not yet been met. (d) Includes costs incurred prior to production (such as requisition engineering) for long-term equipment production contracts, primarily within our Aviation segment, which are allocated ratably to each unit produced.

BORROWINGS (Tables)

BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of Short-term and Long-term Borrowings	(In millions) June 30, 2017 December 31, 2016 Short-term borrowings GE Commercial paper $ 2,000 $ 1,500 Current portion of long-term borrowings 16,120 17,109 Other 2,211 1,874 Total GE short-term borrowings(a) 20,331 20,482 GE Capital U.S. Commercial paper 5,012 5,002 Current portion of long-term borrowings(b) 5,869 6,517 Intercompany payable to GE(c) 11,923 11,696 Other 569 229 Total GE Capital short-term borrowings 23,373 23,443 Eliminations(c) (13,660 ) (13,212 ) Total short-term borrowings $ 30,044 $ 30,714 Long-term borrowings GE Senior notes $ 56,699 $ 54,396 Subordinated notes 2,835 2,768 Subordinated debentures(e) 740 719 Other 1,337 928 Total GE long-term borrowings(a) 61,611 58,810 GE Capital Senior notes 40,927 44,131 Subordinated notes 218 236 Intercompany payable to GE(d) 36,293 47,084 Other(b) 1,414 1,992 Total GE Capital long-term borrowings 78,852 93,443 Eliminations(d) (36,786 ) (47,173 ) Total long-term borrowings $ 103,676 $ 105,080 Non-recourse borrowings of consolidated securitization entities(f) $ 682 $ 417 Total borrowings $ 134,402 $ 136,210 (a) Excluding assumed debt of GE Capital, the total amount of GE borrowings was $33,725 million and $20,512 million at June 30, 2017 and December 31, 2016 , respectively. (b) Included $1,781 million and $2,665 million of funding secured by aircraft and other collateral at June 30, 2017 and December 31, 2016 , respectively, of which $591 million and $1,419 million is non-recourse to GE Capital at June 30, 2017 and December 31, 2016 , respectively. (c) I ncluded a reduction of zero and $1,329 million for short-term intercompany loans from GE Capital to GE at June 30, 2017 and December 31, 2016 , respectively, which bear the right of offset against amounts owed under the assumed debt agreement. Excluding intercompany loans, total short-term assumed debt was $11,923 million and $13,024 million at June 30, 2017 and December 31, 2016 , respectively. The remaining short-term loan balance was paid in January 2017. (d) Included a reduction of $4,075 million and zero for long-term intercompany loans from GE Capital to GE at June 30, 2017 and December 31, 2016 , respectively, which bear the right of offset against amounts owed under the assumed debt agreement. Excluding intercompany loans, total long-term assumed debt was $40,368 million and $47,084 million at June 30, 2017 and December 31, 2016 , respectively. The $4,075 million of intercompany loans collectively have a weighted average interest rate of 3.6% and term of approximately 15 years. (e) Comprises subordinated debentures which constitute the sole assets of trusts that have issued trust preferred securities and where GE owns 100% of the common securities of the trusts. Obligations associated with these trusts are unconditionally guaranteed by GE. (f) Included $528 million and $320 million of current portion of long-term borrowings at June 30, 2017 and December 31, 2016 , respectively. See Note 17.

INVESTMENT CONTRACTS, INSURAN40

INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS (Tables)	6 Months Ended
	Jun. 30, 2017
Insurance [Abstract]
Schedule of Insurance and Investment Contract Liabilities	Insurance and investment contract liabilities comprise mainly obligations to policyholders and annuitants in our run-off insurance activities. (In millions) June 30, 2017 December 31, 2016 Future policy benefit reserves(a) $ 19,105 $ 18,741 Investment contracts 2,671 2,813 Other(b) 5,241 4,992 27,016 26,546 Eliminations (545) (460) Total $ 26,471 $ 26,086 (a) The future policy benefit reserve is subject to an annual review to determine its adequacy. Should the liability for future policy benefits plus the present value of expected future gross premiums be insufficient to provide for the present value of expected future policy benefits and expenses, a premium deficiency would be recorded. (b) Substantially all unpaid claims and claims adjustment expenses and unearned premiums.

POSTRETIREMENT BENEFIT PLANS (T

POSTRETIREMENT BENEFIT PLANS (Tables)	6 Months Ended
	Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract]
Schedule of Effect on Operations of Pension Plans and Principal Retiree Benefit Plans	EFFECT ON OPERATIONS OF PENSION PLANS Principal pension plans Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 254 $ 291 $ 543 $ 606 Prior service cost amortization 72 76 145 152 Expected return on plan assets (849 ) (836 ) (1,698 ) (1,670 ) Interest cost on benefit obligations 712 735 1,429 1,469 Net actuarial loss amortization 697 612 1,407 1,224 Curtailment loss (gain) — (1 ) 43 (a) (1 ) Pension plans cost $ 886 $ 877 $ 1,869 $ 1,780 (a) Curtailment loss resulting from our intent to sell the Industrial Solutions business within our Energy Connections & Lighting segment. Other pension plans Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 123 $ 118 $ 274 $ 231 Prior service credit amortization (1 ) — (2 ) (1 ) Expected return on plan assets (301 ) (259 ) (595 ) (522 ) Interest cost on benefit obligations 145 168 287 340 Net actuarial loss amortization 107 65 210 129 Pension plans cost $ 73 $ 92 $ 174 $ 177 EFFECT ON OPERATIONS OF PRINCIPAL RETIREE BENEFIT PLANS Principal retiree benefit plans Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 26 $ 27 $ 52 $ 52 Prior service credit amortization (43 ) (41 ) (86 ) (82 ) Expected return on plan assets (9 ) (11 ) (18 ) (22 ) Interest cost on benefit obligations 56 63 113 126 Net actuarial gain amortization (20 ) (14 ) (41 ) (27 ) Curtailment loss — — 3 (a) — Retiree benefit plans cost $ 10 $ 24 $ 23 $ 47 (a) Curtailment loss resulting from our intent to sell the Industrial Solutions business within our Energy Connections & Lighting segment.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of Unrecognized Tax Benefits	UNRECOGNIZED TAX BENEFITS (In millions) June 30, 2017 December 31, 2016 Unrecognized tax benefits $ 4,760 $ 4,692 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 2,894 2,886 Accrued interest on unrecognized tax benefits 682 615 Accrued penalties on unrecognized tax benefits 119 118 Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months 0-600 0-600 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 0-500 0-500 (a) Some portion of such reduction may be reported as discontinued operations.

SHAREOWNERS' EQUITY (Tables)

SHAREOWNERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Investment securities Beginning balance $ 622 $ 680 $ 674 $ 460 Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes of $146, $222, $159 and $304 291 419 309 578 Reclassifications from OCI – net of deferred taxes of $(25), $(9), $(61) and $31 (48 ) (21 ) (118 ) 39 Other comprehensive income (loss)(a) 243 397 191 617 Less OCI attributable to noncontrolling interests — — — — Ending balance $ 866 $ 1,077 $ 866 $ 1,077 Currency translation adjustments (CTA) Beginning balance $ (6,004 ) $ (5,500 ) $ (6,816 ) $ (5,499 ) OCI before reclassifications – net of deferred taxes of $(207), $(50), $(241) and $217 491 26 753 141 Reclassifications from OCI – net of deferred taxes of $(1), $(39), $(541) and $80 34 29 588 (85 ) Other comprehensive income (loss)(a) 525 55 1,341 57 Less OCI attributable to noncontrolling interests 2 3 6 6 Ending balance $ (5,481 ) $ (5,448 ) $ (5,481 ) $ (5,448 ) Cash flow hedges Beginning balance $ 32 $ (26 ) $ 12 $ (80 ) OCI before reclassifications – net of deferred taxes of $(8), $2, $(2) and $(5) 44 (15 ) 64 (40 ) Reclassifications from OCI – net of deferred taxes of $(10), $(4), $(9) and $1 (54 ) (10 ) (55 ) 69 Other comprehensive income (loss)(a) (10 ) (25 ) 9 30 Less OCI attributable to noncontrolling interests — — — — Ending balance $ 22 $ (51 ) $ 22 $ (51 ) Benefit plans Beginning balance $ (11,421 ) $ (10,859 ) $ (12,469 ) $ (11,410 ) Prior service credit (costs) - net of deferred taxes of $0, $0, $0 and $5 — — — 23 Net actuarial gain (loss) – net of deferred taxes of $32, $(65), $133 and $(43) 24 (80 ) 500 (12 ) Net curtailment/settlement - net of deferred taxes of $0, $0, $16 and $0 — (1 ) 30 (1 ) Prior service cost amortization – net of deferred taxes of $19, $20, $38 and $41 10 17 21 33 Net actuarial loss amortization – net of deferred taxes of $251, $217, $504 and $433 526 447 1,059 890 Other comprehensive income (loss)(a) 560 382 1,610 933 Less OCI attributable to noncontrolling interests (1 ) — 1 (1 ) Ending balance $ (10,860 ) $ (10,476 ) $ (10,860 ) $ (10,476 ) Accumulated other comprehensive income (loss) at June 30 $ (15,454 ) $ (14,898 ) $ (15,454 ) $ (14,898 ) (a) Total other comprehensive income (loss) was $1,318 million and $810 million in the three months ended June 30, 2017 and 2016 , respectively, and $3,151 million and $1,636 million in the six months ended June 30, 2017 and 2016 respectively.
Schedule of Reclassification Out of AOCI	RECLASSIFICATION OUT OF AOCI Three months ended Six months ended June 30 June 30 (In millions) 2017 2016 2017 2016 Statement of Earnings caption Available-for-sale securities Gains (losses) on securities $ 73 $ 30 $ 178 $ (70 ) Total revenues and other income(a) Income taxes (25 ) (9 ) (61 ) 31 Benefit (provision) for income taxes(b) Net of tax $ 48 $ 21 $ 118 $ (39 ) Currency translation adjustments Gains (losses) on dispositions $ (33 ) $ 10 $ (47 ) $ 5 Total revenues and other income(c) Income taxes (1 ) (39 ) (541 ) 80 Benefit (provision) for income taxes(d) Net of tax $ (34 ) $ (29 ) $ (588 ) $ 85 Cash flow hedges Gains (losses) on interest rate derivatives $ (15 ) $ (26 ) $ (15 ) $ (55 ) Interest and other financial charges Foreign exchange contracts 78 37 78 (5 ) (e) Other 1 2 1 (11 ) (f) Total before tax 65 14 64 (71 ) Income taxes (10 ) (4 ) (9 ) 1 Benefit (provision) for income taxes Net of tax $ 54 $ 10 $ 55 $ (69 ) Benefit plan items Curtailment gain (loss) $ — $ 1 $ (46 ) $ 1 (g) Amortization of prior service costs (29 ) (37 ) (59 ) (74 ) (g) Amortization of actuarial gains (losses) (777 ) (664 ) (1,563 ) (1,323 ) (g) Total before tax (806 ) (700 ) (1,668 ) (1,396 ) Income taxes 270 237 558 474 Benefit (provision) for income taxes Net of tax $ (536 ) $ (463 ) $ (1,110 ) $ (922 ) Total reclassification adjustments (net of tax) $ (467 ) $ (461 ) $ (1,525 ) $ (946 ) (a) Included an insignificant amount and $6 million for the three months ended June 30, 2017 and 2016 , and an insignificant amount and $(72) million for the six months ended June 30, 2017 and 2016, respectively in earnings (loss) from discontinued operations, net of taxes. (b) Included an insignificant amount and $(1) million for the three months ended June 30, 2017 and 2016 , and an insignificant amount and $31 million for the six months ended June 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes. (c) Included $3 million and $77 million for the three months ended June 30, 2017 and 2016 , and $32 m illion and $71 million for the six months ended June 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes. (d) Included $(1) million and $(39) million for the three months ended June 30, 2017 and 2016 , and $(541) million and $80 million for the six months ended June 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes (e) Primarily includes $76 million and $53 million in GE Capital revenues from services and $(10) million and $(17) million in interest and other financial charges in the three months ended June 30, 2017 and 2016 , respectively and $101 million and $31 million in GE Capital revenues from services and $(23) million and $(36) million in interest and other financial charges in the six months ended June 30, 2017 and 2016, respectively. (f) Primarily recorded in costs and expenses. (g) Curtailment gain (loss), amortization of prior service costs and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 12 for further information.
Schedule of Changes to Noncontrolling Interests	CHANGES TO NONCONTROLLING INTERESTS Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Beginning balance $ 1,639 $ 1,667 $ 1,663 $ 1,864 Net earnings (loss) 14 1 20 (68 ) Dividends (22 ) (14 ) (31 ) (21 ) Dispositions 5 — (8 ) (42 ) Other (including AOCI)(a)(b) (3 ) 39 (10 ) (40 ) Ending balance at June 30 $ 1,634 $ 1,693 $ 1,634 $ 1,693 (a) Includes research & development partner funding arrangements and acquisitions. (b) 2016 included $(123) million for deconsolidation of investment funds managed by GE Asset Management (GEAM) upon the adoption of ASU 2015-02, Amendments to the Consolidation Analysis, and prior to the July 1, 2016 sale of GEAM.
Schedule of Changes to Redeemable Noncontrolling Interests	CHANGES TO REDEEMABLE NONCONTROLLING INTERESTS Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Beginning balance $ 3,054 $ 3,036 $ 3,025 $ 2,972 Net earnings (loss) (28 ) (86 ) (109 ) (139 ) Dividends — — (11 ) (9 ) Redemption value adjustment 43 79 114 110 Other 125 42 173 135 Ending balance at June 30(a) $ 3,193 $ 3,070 $ 3,193 $ 3,070 (a) Included $2,894 million and $2,950 million related to the Alstom joint ventures at June 30, 2017 and 2016, respectively.

EARNINGS PER SHARE INFORMATION

EARNINGS PER SHARE INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Three months ended June 30 2017 2016 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Amounts attributable to the Company: Consolidated Earnings from continuing operations for per-share calculation(a)(b) $ 1,514 $ 1,514 $ 3,446 $ 3,449 Preferred stock dividends (182 ) (182 ) (152 ) (152 ) Earnings from continuing operations attributable to common shareowners for per-share calculation(a)(b) $ 1,332 $ 1,332 $ 3,294 $ 3,297 Loss from discontinued operations for per-share calculation(a)(b) (157 ) (157 ) (546 ) (543 ) Net earnings attributable to GE common shareowners for per-share calculation(a)(b) $ 1,179 $ 1,179 $ 2,751 $ 2,753 Average equivalent shares Shares of GE common stock outstanding 8,671 8,671 9,079 9,079 Employee compensation-related shares (including stock options) 89 — 108 — Total average equivalent shares 8,760 8,671 9,187 9,079 Per-share amounts Earnings from continuing operations $ 0.15 $ 0.15 $ 0.36 $ 0.36 Loss from discontinued operations (0.02 ) (0.02 ) (0.06 ) (0.06 ) Net earnings 0.13 0.14 0.30 0.30 Six months ended June 30 2017 2016 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Amounts attributable to the Company: Consolidated Earnings from continuing operations for per-share calculation(a)(b) $ 2,401 $ 2,400 $ 3,981 $ 3,983 Preferred stock dividends (216 ) (216 ) (441 ) (441 ) Earnings from continuing operations attributable to common shareowners for per-share calculation(a)(b) $ 2,185 $ 2,184 $ 3,540 $ 3,542 Loss from discontinued operations for per-share calculation(a)(b) (399 ) (400 ) (861 ) (858 ) Net earnings attributable to GE common shareowners for per-share calculation(a)(b) $ 1,793 $ 1,793 $ 2,687 $ 2,690 Average equivalent shares Shares of GE common stock outstanding 8,695 8,695 9,179 9,179 Employee compensation-related shares (including stock options) 94 — 101 — Total average equivalent shares 8,789 8,695 9,281 9,179 Per-share amounts Earnings from continuing operations $ 0.25 $ 0.25 $ 0.38 $ 0.39 Loss from discontinued operations (0.05 ) (0.05 ) (0.09 ) (0.09 ) Net earnings 0.20 0.21 0.29 0.29 (a) Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities. For the three months ended June 30, 2017 pursuant to the two-class method, as a result of excess dividends in respect to the current period earnings, losses were not allocated to the participating securities. For the three months ended June 30, 2016 , participating securities are included in the computation of earnings per share pursuant to the two-class method and the application of this treatment had an insignificant effect. For the six months ended June 30, 2017 and 2016 , pursuant to the two-class method, as a result of excess dividends in respect to the current period earnings, losses were not allocated to the participating securities. (b) Included an insignificant amount of dividend equivalents in each of the periods presented.

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Information About Assets and Liabilities Not Carried at Fair Value	The following table provides information about assets and liabilities not carried at fair value. The table excludes finance leases and non-financial assets and liabilities. Substantially all of the assets discussed below are considered to be Level 3. The vast majority of our liabilities’ fair value can be determined based on significant observable inputs and thus considered Level 2. Few of the instruments are actively traded and their fair values must often be determined using financial models. Realization of the fair value of these instruments depends upon market forces beyond our control, including marketplace liquidity. June 30, 2017 December 31, 2016 (In millions) Carrying amount (net) Estimated fair value Carrying amount (net) Estimated fair value GE Assets Investments and notes receivable $ 1,305 $ 1,355 $ 1,526 $ 1,595 Liabilities Borrowings(a)(b) 29,650 30,455 19,184 19,923 Borrowings (debt assumed)(a)(c) 52,291 59,603 60,109 66,998 GE Capital Assets Loans 19,740 19,774 21,060 20,830 Other commercial mortgages 1,471 1,554 1,410 1,472 Loans held for sale 604 604 473 473 Other financial instruments(d) 116 149 121 150 Liabilities Borrowings(a)(e)(f)(g) 54,691 58,752 58,523 62,024 Investment contracts 2,671 3,130 2,813 3,277 (a) See Note 10. (b) Included $ 107 million and $ 115 million of accrued interest in estimated fair value at June 30, 2017 and December 31, 2016 , respectively. (c) Included $ 553 million and $ 803 million of accrued interest in estimated fair value at June 30, 2017 and December 31, 2016 , respectively. (d) Principally comprises cost method investments. (e) Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at June 30, 2017 and December 31, 2016 would have been reduced by $ 2,478 million and $ 2,397 million, respectively. (f) Included $ 808 million and $ 775 million of accrued interest in estimated fair value at June 30, 2017 and December 31, 2016 , respectively. (g) Excluded $ 48,216 million and $ 58,780 million of net intercompany payable to GE at June 30, 2017 and December 31, 2016 , respectively
Schedule of Notional Amounts of Loan Commitments	NOTIONAL AMOUNTS OF LOAN COMMITMENTS (In millions) June 30, 2017 December 31, 2016 Ordinary course of business lending commitments(a) $ 789 $ 687 Unused revolving credit lines 229 238 (a) Excluded investment commitments of $ 259 million and $ 522 million at June 30, 2017 and December 31, 2016 , respectively.
Schedule of Financial Statement Effects - Cash Flow Hedges	FINANCIAL STATEMENT EFFECTS - CASH FLOW HEDGES Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivatives increase (decrease) $ 34 $ 11 $ 56 $ (45 ) Shareowners' equity (increase) decrease (34 ) (12 ) (56 ) 45 Earnings (loss) related to ineffectiveness — — — 1 Earnings (loss) effect of derivatives(a) 65 14 64 (71 ) (a) Offsets earnings effect of the hedged forecasted transaction
Schedule of Financial Statement Effects - Fair Value Hedges	FINANCIAL STATEMENT EFFECTS - FAIR VALUE HEDGES Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivative increase (decrease) $ (57 ) $ 888 $ (282 ) $ 2,610 Adjustment to carrying amount of hedged debt (increase) decrease 2 (933 ) 164 (2,688 ) Earnings (loss) related to hedge ineffectiveness (56 ) (46 ) (118 ) (77 )
Schedule of Financial Statement Effects - Net Investment Hedges	FINANCIAL STATEMENT EFFECTS - NET INVESTMENT HEDGES Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivatives increase (decrease) $ (98 ) $ (282 ) $ (191 ) $ 47 Fair value of non-derivative instruments (increase) decrease (389 ) (322 ) (859 ) (49 ) Shareowners' equity (increase) decrease 490 609 1,063 40 Earnings (loss) related to spot-forward differences and ineffectiveness 3 5 13 37 Earnings (loss) related to reclassification upon sale or liquidation(a) — (380 ) 59 (1,072 ) (a) Included zero and $(380) million recorded in discontinued operations in the three months ended June 30, 2017 and 2016 and $59 million and $(1,072) million recorded in discontinued operations in the six months ended June 30, 2017 and 2016 , respectively.
Schedule of Financial Statement Effects - Economic Hedges	FINANCIAL STATEMENT EFFECTS - ECONOMIC HEDGES Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Change in fair value of economic hedge increase (decrease) $ 979 $ 157 $ 641 $ (122 ) Change in carrying amount of item being hedged increase (decrease) (1,180 ) (286 ) (956 ) (198 ) Earnings (loss) effect of economic hedges(a) (200 ) (130 ) (315 ) (321 ) (a) Offset by the future earnings effects of economically hedged item.
Schedule of Carrying Amounts Related to Derivatives	The table below provides additional information about how derivatives are reflected in our financial statements. CARRYING AMOUNTS RELATED TO DERIVATIVES (In millions) June 30, 2017 December 31, 2016 Derivative assets $ 4,077 $ 5,467 Derivative liabilities (2,511 ) (4,883) Accrued interest 484 792 Cash collateral & credit valuation adjustment (1,599 ) (672) Net Derivatives 451 703 Securities held as collateral (432 ) (442) Net amount $ 19 $ 262
Schedule of Effects of Derivatives on Earnings	Three months ended June 30 Six months ended June 30 (In millions) Effect on hedging instrument Effect on underlying Effect on earnings Effect on hedging instrument Effect on underlying Effect on earnings 2017 Cash flow hedges $ 34 $ (34 ) $ — $ 56 $ (56 ) $ — Fair value hedges (57 ) 2 (56 ) (282 ) 164 (118 ) Net investment hedges(a) (487 ) 490 3 (1,050 ) 1,063 13 Economic hedges(b) 979 (1,180 ) (200 ) 641 (956 ) (315 ) Total $ (253 ) $ (420 ) 2016 Cash flow hedges $ 11 $ (12 ) $ — $ (45 ) $ 45 $ 1 Fair value hedges 888 (933 ) (46 ) 2,610 (2,688 ) (77 ) Net investment hedges(a) (604 ) 609 5 (2 ) 40 37 Economic hedges(b) 157 (286 ) (130 ) (122 ) (198 ) (321 ) Total $ (171 ) $ (360 ) The amounts in the table above generally do not include associated derivative accruals in income or expense. (a) Both derivatives and non-derivatives hedging instruments are included. (b) Net effect is substantially offset by the change in fair value of the hedged item that will affect earnings in future periods.

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Variable Interest Entities [Abstract]
Schedule of Assets and Liabilities of Consolidated VIEs	ASSETS AND LIABILITIES OF CONSOLIDATED VIEs GE Capital (In millions) GE Customer Notes receivables(a) Other Total June 30, 2017 Assets Financing receivables, net $ — $ — $ 881 $ 881 Current receivables 56 560 — 616 Investment securities — — 1,004 1,004 Other assets 587 1,320 2,101 4,008 Total $ 643 $ 1,880 $ 3,986 $ 6,509 Liabilities Borrowings $ 38 $ — $ 1,134 $ 1,172 Non-recourse borrowings — 667 16 683 Other liabilities 494 1,185 1,555 3,234 Total $ 532 $ 1,852 $ 2,705 $ 5,089 December 31, 2016 Assets Financing receivables, net $ — $ — $ 1,035 $ 1,035 Current receivables 57 670 — 727 Investment securities — — 982 982 Other assets 492 1,122 1,747 3,361 Total $ 549 $ 1,792 $ 3,764 $ 6,105 Liabilities Borrowings $ 1 $ — $ 818 $ 819 Non-recourse borrowings — 401 16 417 Other liabilities 457 1,378 1,482 3,317 Total $ 458 $ 1,779 $ 2,316 $ 4,553 (a) Two funding vehicles established to purchase customer notes receivable from GE, one of which is partially funded by third-party debt.

COMMITMENTS, GUARANTEES, PROD47

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of Product Warranties	An analysis of changes in the liability for product warranties follows. Six months ended June 30 (In millions) 2017 2016 Balance at January 1 $ 1,920 $ 1,723 Current-year provisions 354 339 Expenditures (414 ) (343 ) Other changes(a) 109 113 Balance as of June 30 $ 1,969 $ 1,832 ( a) Primarily includes effect of currency exchange and acquisitions.
Rollforward of the Reserve	ROLLFORWARD OF THE RESERVE Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 2017 2016 Balance, beginning of period $ 626 $ 833 $ 626 $ 875 Provision 10 27 10 84 Claim resolutions / rescissions — — — (99 ) Balance, end of period $ 636 $ 860 $ 636 $ 860

INTERCOMPANY TRANSACTIONS (Tabl

INTERCOMPANY TRANSACTIONS (Tables)	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Schedule of Intercompany Eliminations	Presented below is a walk of intercompany eliminations from the combined GE and GE Capital totals to the consolidated cash flows from continuing operations. Six months ended June 30 (In millions) 2017 2016 Cash from (used for) operating activities-continuing operations Combined $ 5,549 $ 11,207 GE current receivables sold to GE Capital 1,598 1,313 GE Capital dividends to GE (4,016 ) (11,000 ) Other reclassifications and eliminations(a) 258 494 Total cash from (used for) operating activities-continuing operations $ 3,389 $ 2,014 Cash from (used for) investing activities-continuing operations Combined $ 3,173 $ 39,495 GE current receivables sold to GE Capital (1,760 ) (1,643 ) GE Capital long-term loans to GE 4,075 — GE Capital short-term loan to GE (1,329 ) 5,002 Other reclassifications and eliminations(a) (76 ) (441 ) Total cash from (used for) investing activities-continuing operations $ 4,083 $ 42,414 Cash from (used for) financing activities-continuing operations Combined $ (13,339 ) $ (69,038 ) GE current receivables sold to GE Capital 162 330 GE Capital dividends to GE 4,016 11,000 GE Capital long-term loans to GE (4,075 ) — GE Capital short-term loan to GE 1,329 (5,002 ) Other reclassifications and eliminations(a) (182 ) (52 ) Total cash from (used for) financing activities-continuing operations $ (12,089 ) $ (62,763 ) (a) Includes eliminations of other cash flows activities including those related to GE Capital enabled GE industrial orders, various investments, loans and allocations of GE corporate overhead costs.

GUARANTOR FINANCIAL INFORMATI49

GUARANTOR FINANCIAL INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Statement of Earnings (Loss) and Comprehensive Income (Loss)	CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED JUNE 30, 2017 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Revenues and other income Sales of goods and services $ 8,080 $ — $ — $ 37,615 $ (18,456 ) $ 27,239 Other income 27,632 — — 28,005 (55,339 ) 298 Equity in earnings (loss) of affiliates (25,246 ) — 450 13,982 10,813 — GE Capital revenues from services — 173 188 2,589 (928 ) 2,022 Total revenues and other income 10,467 173 638 82,191 (63,910 ) 29,558 Costs and expenses Interest and other financial charges 767 159 489 1,221 (1,463 ) 1,174 Other costs and expenses 8,557 — 9 37,570 (19,265 ) 26,870 Total costs and expenses 9,324 159 497 38,791 (20,728 ) 28,044 Earnings (loss) from continuing operations before income taxes 1,143 14 141 43,400 (43,183 ) 1,515 Benefit (provision) for income taxes 370 (2 ) — (230 ) (154 ) (15 ) Earnings (loss) from continuing operations 1,513 12 141 43,170 (43,336 ) 1,499 Earnings (loss) from discontinued operations, net of taxes (146 ) — (5 ) 3 2 (146 ) Net earnings (loss) 1,367 12 136 43,172 (43,334 ) 1,354 Less net earnings (loss) attributable to noncontrolling interests — — — 16 (30 ) (14 ) Net earnings (loss) attributable to the Company 1,367 12 136 43,156 (43,304 ) 1,367 Other comprehensive income (loss) 1,317 — 32 (25,537 ) 25,505 1,317 Comprehensive income (loss) attributable to the Company $ 2,685 $ 12 $ 168 $ 17,619 $ (17,799 ) $ 2,685 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED JUNE 30, 2016 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Revenues and other income Sales of goods and services $ 10,664 $ — $ — $ 38,202 $ (20,838 ) $ 28,028 Other income (264 ) — — 16,043 (12,629 ) 3,150 Equity in earnings (loss) of affiliates 5,228 — (5 ) 15,305 (20,528 ) 0 GE Capital revenues from services 0 200 722 1,760 (365 ) 2,316 Total revenues and other income 15,628 200 717 71,310 (54,359 ) 33,494 Costs and expenses Interest and other financial charges 851 175 677 1,412 (1,790 ) 1,326 Other costs and expenses 11,601 — 19 38,786 (22,062 ) 28,344 Total costs and expenses 12,453 175 695 40,198 (23,852 ) 29,670 Earnings (loss) from continuing operations before income taxes 3,175 25 21 31,111 (30,508 ) 3,824 Benefit (provision) for income taxes 312 (3 ) (43 ) (473 ) (254 ) (461 ) Earnings (loss) from continuing operations 3,486 22 (22 ) 30,639 (30,762 ) 3,363 Earnings (loss) from discontinued operations, net of taxes (541 ) — (521 ) 600 (80 ) (541 ) Net earnings (loss) 2,946 22 (542 ) 31,239 (30,841 ) 2,823 Less net earnings (loss) attributable to noncontrolling interests — — — (66 ) (20 ) (86 ) Net earnings (loss) attributable to the Company 2,946 22 (542 ) 31,305 (30,822 ) 2,908 Other comprehensive income (loss) 807 — 246 579 (825 ) 807 Comprehensive income (loss) attributable to the Company $ 3,753 $ 22 $ (297 ) $ 31,884 $ (31,646 ) $ 3,715 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE SIX MONTHS ENDED JUNE 30, 2017 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Revenues and other income Sales of goods and services $ 16,872 $ — $ — $ 73,705 $ (38,110 ) $ 52,467 Other income 27,686 — — 32,625 (59,845 ) 465 Equity in earnings (loss) of affiliates (22,802 ) — 692 50,664 (28,555 ) — GE Capital revenues from services — 329 374 4,859 (1,275 ) 4,286 Total revenues and other income 21,756 329 1,066 161,853 (127,786 ) 57,219 Costs and expenses Interest and other financial charges 1,677 309 943 2,303 (2,920 ) 2,313 Other costs and expenses 18,186 — 22 73,511 (39,159 ) 52,560 Total costs and expenses 19,862 309 965 75,814 (42,078 ) 54,872 Earnings (loss) from continuing operations before income taxes 1,894 20 101 86,039 (85,707 ) 2,346 Benefit (provision) for income taxes 514 (2 ) 115 (699 ) 41 (31 ) Earnings (loss) from continuing operations 2,408 17 215 85,341 (85,666 ) 2,315 Earnings (loss) from discontinued operations, net of taxes (388 ) — 278 3 (278 ) (385 ) Net earnings (loss) 2,020 17 493 85,344 (85,944 ) 1,931 Less net earnings (loss) attributable to noncontrolling interests — — — (32 ) (57 ) (90 ) Net earnings (loss) attributable to the Company 2,020 17 493 85,376 (85,887 ) 2,020 Other comprehensive income (loss) 3,144 — 649 (26,994 ) 26,345 3,144 Comprehensive income (loss) attributable to the Company $ 5,164 $ 17 $ 1,142 $ 58,382 $ (59,542 ) $ 5,164 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE SIX MONTHS ENDED JUNE 30, 2016 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Revenues and other income Sales of goods and services $ 20,676 $ — $ — $ 71,961 $ (39,295 ) $ 53,342 Other income (38 ) — — 19,484 (16,288 ) 3,158 Equity in earnings (loss) of affiliates 6,135 — 665 28,928 (35,728 ) 0 GE Capital revenues from services 0 596 1,019 6,344 (3,121 ) 4,838 Total revenues and other income 26,774 596 1,683 126,717 (94,431 ) 61,339 Costs and expenses Interest and other financial charges 1,662 547 1,608 3,171 (3,927 ) 3,062 Other costs and expenses 22,057 — 55 74,624 (42,522 ) 54,214 Total costs and expenses 23,719 548 1,663 77,795 (46,449 ) 57,276 Earnings (loss) from continuing operations before income taxes 3,055 48 20 48,922 (47,983 ) 4,063 Benefit (provision) for income taxes 931 (6 ) (46 ) (958 ) (205 ) (284 ) Earnings (loss) from continuing operations 3,986 42 (26 ) 47,964 (48,187 ) 3,779 Earnings (loss) from discontinued operations, net of taxes (849 ) — (996 ) 174 821 (849 ) Net earnings (loss) 3,137 42 (1,022 ) 48,138 (47,366 ) 2,930 Less net earnings (loss) attributable to noncontrolling interests — — — (91 ) (116 ) (207 ) Net earnings (loss) attributable to the Company 3,137 42 (1,022 ) 48,230 (47,250 ) 3,137 Other comprehensive income (loss) 1,631 (12 ) 63 847 (898 ) 1,631 Comprehensive income (loss) attributable to the Company $ 4,767 $ 30 $ (958 ) $ 49,076 $ (48,148 ) $ 4,767
Condensed Consolidating Statement of Financial Position	CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION JUNE 30, 2017 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Assets Cash and equivalents $ 4,420 $ — $ 3 $ 40,174 $ (547 ) $ 44,049 Investment securities 1 — — 42,065 (2,098 ) 39,968 Receivables - net 54,549 17,233 31,020 80,421 (143,470 ) 39,753 Inventories 5,265 — — 22,111 (4,533 ) 22,843 Property, plant and equipment - net 5,891 — — 46,284 (2,007 ) 50,167 Investment in subsidiaries(a) 284,471 — 80,491 472,477 (837,439 ) 0 Goodwill and intangible assets 7,207 — — 50,518 31,539 89,264 All other assets 15,238 44 79 205,041 (158,823 ) 61,579 Assets of discontinued operations — — — — 7,850 7,850 Total assets $ 377,041 $ 17,278 $ 111,593 $ 959,089 $ (1,109,528 ) $ 355,473 Liabilities and equity Short-term borrowings $ 177,190 $ — $ 45,994 $ 25,300 $ (218,441 ) $ 30,044 Accounts payable (1,380 ) — — 56,038 (41,375 ) 13,283 Other current liabilities 11,732 34 3 24,489 (251 ) 36,007 Long-term and non-recourse borrowings 71,784 16,703 34,601 53,234 (71,963 ) 104,359 All other liabilities 43,567 352 279 55,363 (7,667 ) 91,894 Liabilities of discontinued operations — — — — 911 911 Total Liabilities 302,893 17,089 80,878 214,424 (338,786 ) 276,498 Redeemable noncontrolling interests — — — 2,433 760 3,193 GE shareowners' equity 74,148 189 30,716 740,746 (771,651 ) 74,148 Noncontrolling interests — — — 1,486 148 1,634 Total equity 74,148 189 30,716 742,232 (771,503 ) 75,783 Total liabilities, redeemable noncontrolling interests and equity $ 377,041 $ 17,278 $ 111,593 $ 959,089 $ (1,109,528 ) $ 355,473 (a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $21,419 million and net assets of discontinued operations of $3,711 million . CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2016 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Assets Cash and equivalents $ 2,558 $ — $ 3 $ 46,994 $ (1,426 ) $ 48,129 Investment securities 1 — — 47,394 (3,082 ) 44,313 Receivables - net 63,620 17,157 30,470 79,401 (148,385 ) 42,263 Inventories 4,654 — — 21,076 (3,377 ) 22,354 Property, plant and equipment - net 5,768 — — 46,366 (1,615 ) 50,518 Investment in subsidiaries(a) 272,685 — 80,481 492,674 (845,840 ) — Goodwill and intangible assets 8,128 — — 42,074 36,673 86,875 All other assets 14,692 44 39 201,276 (160,134 ) 55,917 Assets of discontinued operations — — — — 14,815 14,815 Total assets $ 372,107 $ 17,202 $ 110,992 $ 977,255 $ (1,112,372 ) $ 365,183 Liabilities and equity Short-term borrowings $ 167,089 $ 1 $ 46,432 $ 25,919 $ (208,727 ) $ 30,714 Accounts payable 5,412 — — 47,366 (38,343 ) 14,435 Other current liabilities 11,072 33 117 25,095 114 36,431 Long-term and non-recourse borrowings 68,983 16,486 34,389 68,912 (83,273 ) 105,496 All other liabilities 43,722 511 481 58,376 (9,656 ) 93,434 Liabilities of discontinued operations — — — — 4,158 4,158 Total Liabilities 296,279 17,030 81,419 225,667 (335,727 ) 284,668 Redeemable noncontrolling interests — — — 2,223 802 3,025 GE shareowners' equity 75,828 171 29,573 747,719 (777,463 ) 75,828 Noncontrolling interests — — — 1,647 16 1,663 Total equity 75,828 171 29,573 749,366 (777,447 ) 77,491 Total liabilities, redeemable noncontrolling interests and equity $ 372,107 $ 17,202 $ 110,992 $ 977,255 $ (1,112,372 ) $ 365,183 (a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $28,516 million and net assets of discontinued operations of $6,012 million .
Condensed Consolidating Statement of Cash Flows	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS SIX MONTHS ENDED JUNE 30, 2017 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash flows – operating activities Cash from (used for) operating activities - continuing operations $ 12,674 $ 25 $ 225 $ 113,799 $ (123,335 ) $ 3,389 Cash from (used for) operating activities - discontinued operations (388 ) — — (507 ) — (895 ) Cash from (used for) operating activities 12,286 25 225 113,292 (123,335 ) 2,494 Cash flows – investing activities Cash from (used for) investing activities – continuing operations (26,871 ) (25 ) 608 (60,997 ) 91,369 4,083 Cash from (used for) investing activities – discontinued operations — — — (1,922 ) — (1,922 ) Cash from (used for) investing activities (26,871 ) (25 ) 608 (62,919 ) 91,369 2,161 Cash flows – financing activities Cash from (used for) financing activities – continuing operations 16,446 — (833 ) (60,547 ) 32,845 (12,089 ) Cash from (used for) financing activities – discontinued operations — — — 1,909 — 1,909 Cash from (used for) financing activities 16,446 — (833 ) (58,639 ) 32,845 (10,181 ) Effect of currency exchange rate changes on cash and equivalents — — — 538 — 538 Increase (decrease) in cash and equivalents 1,861 — — (7,728 ) 879 (4,988 ) Cash and equivalents at beginning of year 2,558 — 3 48,423 (1,426 ) 49,558 Cash and equivalents at June 30 4,420 — 3 40,696 (547 ) 44,571 Less cash and equivalents of discontinued operations at June 30 — — — 522 — 522 Cash and equivalents of continuing operations at June 30 $ 4,420 $ — $ 3 $ 40,174 $ (547 ) $ 44,049 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS SIX MONTHS ENDED JUNE 30, 2016 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash flows – operating activities Cash from (used for) operating activities - continuing operations $ (21,014 ) $ 182 $ 1,032 $ 10,275 $ 11,539 $ 2,014 Cash from (used for) operating activities - discontinued operations (849 ) — (996 ) (3,826 ) 821 (4,849 ) Cash from (used for) operating activities (21,863 ) 182 37 6,449 12,361 (2,835 ) Cash flows – investing activities Cash from (used for) investing activities – continuing operations 17,416 16,084 7,995 97,631 (96,712 ) 42,414 Cash from (used for) investing activities – discontinued operations — — — (10,646 ) — (10,646 ) Cash from (used for) investing activities 17,416 16,084 7,995 86,985 (96,712 ) 31,768 Cash flows – financing activities Cash from (used for) financing activities – continuing operations 3,174 (16,265 ) (7,995 ) (142,451 ) 100,775 (62,763 ) Cash from (used for) financing activities – discontinued operations — — — (711 ) — (711 ) Cash from (used for) financing activities 3,174 (16,265 ) (7,995 ) (143,162 ) 100,775 (63,474 ) Effect of currency exchange rate changes on cash and equivalents — — — (24 ) — (24 ) Increase (decrease) in cash and equivalents (1,274 ) — 37 (49,752 ) 16,424 (34,565 ) Cash and equivalents at beginning of year 4,137 — — 107,350 (20,609 ) 90,878 Cash and equivalents at June 30 2,863 — 37 57,598 (4,185 ) 56,313 Less cash and equivalents of discontinued operations at June 30 — — — 4,190 — 4,190 Cash and equivalents of continuing operations at June 30 $ 2,863 $ — $ 37 $ 53,408 $ (4,185 ) $ 52,123

SUPPLEMENTAL INFORMATION (Table

SUPPLEMENTAL INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2017
Other Income and Expenses [Abstract]
Schedule of Certain Supplemental Information Related to Cash Flows	Certain supplemental information related to our cash flows is shown below. Six months ended June 30 (In millions) 2017 2016 GE All other operating activities (Gains) losses on purchases and sales of business interests $ (42 ) $ (3,140 ) Contract assets (net)(a) (3,202 ) (2,431 ) Income taxes(b) (709 ) (1,184 ) Interest charges(c) 353 182 Principal pension plans(d) 1,542 1,680 Other (1,122 ) (114 ) $ (3,180 ) $ (5,007 ) Net dispositions (purchases) of GE shares for treasury Open market purchases under share repurchase program $ (3,344 ) $ (14,244 ) Other purchases — (776 ) Dispositions 612 726 $ (2,732 ) $ (14,292 ) (a) Contract assets are presented net of related billings in excess of revenues on our long-term product service agreements. See Note 9. (b) Reflected the effects of current tax expense (benefit) of $583 million and $500 million and net cash paid during the year for income taxes of $(1,292) million and $(1,684) million for the six months ended June 30, 2017 and 2016 , respectively. Cash flows effects of deferred tax provisions (benefits) are shown separately within cash flows from operating activities. (c) Reflected the effects of interest expense of $1,200 million and $1,007 million and cash paid for interest of $(848) million and $(825) million for the six months ended June 30, 2017 and 2016 , respectively. (d) Reflected the effects of pension costs of $1,869 million and $1,780 million and employer contributions of $(327) million and $(100) million for the six months ended June 30, 2017 and 2016 , respectively. See Note 12.
Schedule of Fair Value of Derivatives	The table below summarizes this activity by hedging instrument. FAIR VALUE OF DERIVATIVES June 30, 2017 December 31, 2016 (In millions) Assets Liabilities Assets Liabilities Derivatives accounted for as hedges Interest rate contracts $ 2,728 $ 109 $ 3,106 $ 210 Currency exchange contracts 62 160 402 624 Other contracts — — — — 2,790 269 3,508 834 Derivatives not accounted for as hedges Interest rate contracts 58 10 62 20 Currency exchange contracts 1,132 2,199 1,778 4,011 Other contracts 97 34 119 17 1,287 2,242 1,958 4,048 Gross derivatives recognized in statement of financial position Gross derivatives 4,077 2,511 5,467 4,883 Gross accrued interest 470 (13 ) 768 (24 ) 4,547 2,497 6,234 4,859 Amounts offset in statement of financial position Netting adjustments(a) (1,606 ) (1,605 ) (3,097 ) (3,094 ) Cash collateral(b) (2,059 ) (462 ) (2,025 ) (1,355 ) (3,665 ) (2,066 ) (5,121 ) (4,449 ) Net derivatives recognized in statement of financial position Net derivatives 882 431 1,113 410 Amounts not offset in statement of financial position Securities held as collateral(c) (432 ) — (442 ) — Net amount $ 450 $ 431 $ 671 $ 410 Derivatives are classified in the captions "All other assets" and "All other liabilities" and the related accrued interest is classified in "Other GE Capital receivables" and "All other liabilities" in our Statement of Financial Position. (a) The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts include fair value adjustments related to our own and counterparty non-performance risk. At June 30, 2017 and December 31, 2016 , the cumulative adjustment for non-performance risk was $(1) million and $(3) million , respectively. (b) Excluded excess cash collateral received and posted of $284 million and $142 million at June 30, 2017 , respectively, and $6 million and $177 million at December 31, 2016 , respectively. (c) Excluded excess securities collateral received of $68 million and zero at June 30, 2017 and December 31, 2016 , respectively.
Schedule of Cash Flow Hedge Activity	CASH FLOW HEDGE ACTIVITY Gain (loss) recognized in AOCI Gain (loss) reclassified for the three months ended June 30 for the three months ended June 30 (In millions) 2017 2016 2017 2016 Interest rate contracts $ 3 $ 12 $ (6 ) $ (26 ) Currency exchange contracts 32 1 71 40 Commodity contracts (2 ) (1 ) — (1 ) Total(a) $ 34 $ 12 $ 65 $ 14 CASH FLOW HEDGE ACTIVITY Gain (loss) recognized in AOCI Gain (loss) reclassified for the six months ended June 30 for the six months ended June 30 (In millions) 2017 2016 2017 2016 Interest rate contracts $ 2 $ 31 $ (15 ) $ (55 ) Currency exchange contracts 54 (77 ) 79 (13 ) Commodity contracts — — — (3 ) Total(a) $ 56 $ (45 ) $ 64 $ (71 ) (a) Gain (loss) is recorded in "GE Capital revenues from services", "Interest and other financial charges", and "Other costs and expenses" in our Statement of Earnings when reclassified.

SEGMENT OPERATIONS (Tables)

SEGMENT OPERATIONS (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Summary of Operating Segments	SUMMARY OF OPERATING SEGMENTS Three months ended June 30 Six months ended June 30 (In millions) 2017 2016 V% 2017 2016 V% Revenues Power $ 6,969 $ 6,639 5 % $ 13,058 $ 11,843 10 % Renewable Energy 2,457 2,094 17 % 4,501 3,763 20 % Oil & Gas 3,108 3,219 (3) % 6,110 6,533 (6 )% Aviation 6,532 6,511 — % 13,336 12,774 4 % Healthcare 4,700 4,525 4 % 8,990 8,708 3 % Transportation 1,071 1,240 (14) % 2,110 2,222 (5 )% Energy Connections & Lighting(a) 3,210 4,401 (27) % 5,957 8,657 (31 )% Total industrial segment revenues 28,047 28,630 (2) % 54,063 54,499 (1 )% Capital 2,446 2,771 (12) % 5,127 5,656 (9 )% Total segment revenues 30,493 31,401 (3) % 59,190 60,155 (2 )% Corporate items and eliminations (935 ) 2,093 (1,972 ) 1,184 Consolidated revenues $ 29,558 $ 33,494 (12) % $ 57,219 $ 61,339 (7 )% Segment profit (loss) Power $ 1,031 $ 1,140 (10) % $ 1,827 $ 1,714 7 % Renewable Energy 160 128 25 % 267 211 27 % Oil & Gas 155 320 (52) % 361 628 (43 )% Aviation 1,492 1,348 11 % 3,176 2,872 11 % Healthcare 826 782 6 % 1,469 1,413 4 % Transportation 203 273 (26) % 359 437 (18 )% Energy Connections & Lighting(a) 80 131 (39) % 109 162 (33 )% Total industrial segment profit 3,947 4,122 (4) % 7,568 7,437 2 % Capital (172 ) (600 ) 71 % (219 ) (1,492 ) 85 % Total segment profit (loss) 3,775 3,523 7 % 7,349 5,944 24 % Corporate items and eliminations (1,583 ) 974 (3,592 ) (597 ) GE interest and other financial charges (637 ) (567 ) (1,200 ) (1,007 ) GE provision for income taxes (218 ) (629 ) (361 ) (793 ) Earnings (loss) from continuing operations attributable to GE common shareowners 1,338 3,300 (59) % 2,196 3,548 (38 )% Earnings (loss) from discontinued operations, net of taxes (146 ) (541 ) 73 % (385 ) (849 ) 55 % Less net earnings attributable to noncontrolling interests, discontinued operations 7 3 7 3 Earnings (loss) from discontinued operations, net of tax and noncontrolling interest (152 ) (544 ) 72 % (392 ) (852 ) 54 % Consolidated net earnings (loss) attributable to the GE common shareowners $ 1,185 $ 2,756 (57) % $ 1,804 $ 2,695 (33 )% (a) Beginning in the third quarter of 2017, the Energy Connections business within the Energy Connections & Lighting segment is expected to be combined with the Power segment and presented as one reporting segment called Power.

BASIS OF PRESENTATION AND SUM52

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Sep. 30, 2016
Accounting Policies [Abstract]
Decrease to provision/increase to benefit for income taxes	$ 41	$ 19		$ 56	$ 97
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase to cash from operating activities			$ 2,494	(2,835)
Decrease to cash from financing activities			$ 10,181	63,474
ASU 2016-09, Excess Tax Benefit Component
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase to cash from operating activities	$ 59			78
Decrease to cash from financing activities				$ 78	$ 137

BUSINESSES HELD FOR SALE AND 53

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Narrative (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets classified as held for sale			$ 7,850		$ 14,815
Liabilities classified as held for sale	[1]		911		4,158
Held for sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets classified as held for sale			4,096		1,745
Liabilities classified as held for sale			1,195		656
Discontinued operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets classified as held for sale			7,850		14,815
Liabilities classified as held for sale			$ 911		4,158
Industrial Solutions | Held for sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets classified as held for sale				$ 2,120
Liabilities classified as held for sale				546
Power | Held for sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets classified as held for sale					1,696
Liabilities classified as held for sale					$ 648
Proceeds from sale of business				$ 3,415
Scenario, Forecast | Discontinued operations | Lower limit
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Period of Transitional Service Agreements (TSA)		12 months
Scenario, Forecast | Discontinued operations | Maximum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Period of Transitional Service Agreements (TSA)		24 months
[1]	Our consolidated assets at June 30, 2017 included total assets of $5,851 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets included current receivables and net financing receivables of $1,445 million and investment securities of $1,004 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at June 30, 2017 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $(682) million within continuing operations. See Note 17.

BUSINESSES HELD FOR SALE AND 54

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Schedule of Financial Information for Assets and Liabilities of Businesses Held for Sale (Details) - USD ($) $ in Millions		Jun. 30, 2017	Dec. 31, 2016
Assets
Assets		$ 7,850	$ 14,815
Liabilities
Liabilities	[1]	911	4,158
Financial Services (GE Capital)
Assets
Assets		7,850	14,806
Liabilities
Liabilities		888	4,123
GE Capital | Financial Services (GE Capital)
Assets
Current receivables		280	117
Held for sale
Assets
Current receivables		698	366
Inventories		579	211
Property, plant, and equipment – net		1,034	632
Goodwill		1,258	212
Other intangible assets – net		237	123
Contract assets		195	125
Other		96	76
Assets		4,096	1,745
Liabilities
Accounts payable		394	190
Progress collections and price adjustments accrued		155	141
Other current liabilities		264	133
Non-current compensation and benefits		219	82
Other		162	110
Liabilities		$ 1,195	$ 656
[1]	Our consolidated assets at June 30, 2017 included total assets of $5,851 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets included current receivables and net financing receivables of $1,445 million and investment securities of $1,004 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at June 30, 2017 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $(682) million within continuing operations. See Note 17.

BUSINESSES HELD FOR SALE AND 55

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Schedule of Financial Information for Discontinued Operations (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Disposal
Earnings (loss) from discontinued operations, net of taxes		$ (146)	$ (541)	$ (385)	$ (849)
Assets
Cash and equivalents		522	4,190	522	4,190
Assets		7,850		7,850		$ 14,815
Liabilities
Liabilities	[1]	911		911		4,158
Discontinued operations
Operations
Total revenues and other income (loss)		9	568	88	1,861
Earnings (loss) from discontinued operations before income taxes		(216)	(240)	(412)	(160)
Benefit (provision) for income taxes		66	170	128	182
Earnings (loss) from discontinued operations, net of taxes		(150)	(70)	(284)	22
Disposal
Gain (loss) on disposal before income taxes		8	(295)	(19)	(540)
Benefit (provision) for income taxes		(3)	(177)	(81)	(331)
Gain (loss) on disposal, net of taxes		4	(472)	(100)	(871)
Earnings (loss) from discontinued operations, net of taxes		(146)	(541)	(385)	(849)
Earnings (loss) from discontinued operations attributable to the Company, before income taxes		(215)	(537)	(438)	(703)
Assets
Cash and equivalents		522		522		1,429
Investment securities		1,729		1,729		2,626
Deferred income taxes		950		950		487
Financing receivables held for sale		3,711		3,711		8,547
Other assets		938		938		1,727
Assets		7,850		7,850		14,815
Liabilities
Accounts payable		87		87		164
Borrowings		0		0		2,076
Other liabilities		825		825		1,918
Liabilities		911		911		4,158
Financial Services (GE Capital)
Disposal
Earnings (loss) from discontinued operations, net of taxes		(146)	(541)	(388)	(849)
Assets
Cash and equivalents		522	4,190	522	4,190
Assets		7,850		7,850		14,806
Liabilities
Liabilities		888		888		$ 4,123
Financial Services (GE Capital) | Discontinued operations
Disposal
Current tax benefit (provision)		253	(47)	(323)	(881)
Deferred tax benefit (provision)		(190)	40	370	732
Financial Services (GE Capital) | Discontinued operations | U.S. Federal
Disposal
Current tax benefit (provision)		$ 68	$ 29	$ (519)	$ (471)
[1]	Our consolidated assets at June 30, 2017 included total assets of $5,851 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets included current receivables and net financing receivables of $1,445 million and investment securities of $1,004 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at June 30, 2017 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $(682) million within continuing operations. See Note 17.

INVESTMENT SECURITIES - Schedul

INVESTMENT SECURITIES - Schedule of Investment Securities (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		$ 35,743		$ 35,743		$ 40,665
Gross unrealized gains		4,384		4,384		3,917
Gross unrealized losses		(159)		(159)		(269)
Estimated fair value		39,968		39,968		44,313
Investment securities		39,968		39,968		44,313
Trading securities		75		75		17
Net unrealized gains (losses) recorded to earnings related to trading securities		29	$ 0	29	$ (2)
U.S. corporate
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		20,129		20,129		20,049
Gross unrealized gains		3,550		3,550		3,081
Gross unrealized losses		(50)		(50)		(85)
Estimated fair value		23,629		23,629		23,046
Non-U.S. corporate
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		7,106		7,106		11,917
Gross unrealized gains		95		95		98
Gross unrealized losses		(19)		(19)		(27)
Estimated fair value		7,182		7,182		11,987
State and municipal
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		3,934		3,934		3,916
Gross unrealized gains		504		504		412
Gross unrealized losses		(67)		(67)		(92)
Estimated fair value		4,371		4,371		4,236
Mortgage and asset-backed
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		2,738		2,738		2,787
Gross unrealized gains		103		103		111
Gross unrealized losses		(20)		(20)		(37)
Estimated fair value		2,821		2,821		2,861
Government and agencies
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		1,664		1,664		1,842
Gross unrealized gains		99		99		160
Gross unrealized losses		(2)		(2)		(26)
Estimated fair value		1,761		1,761		1,976
Equity
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		171		171		154
Gross unrealized gains		34		34		55
Gross unrealized losses		(2)		(2)		(1)
Estimated fair value		204		204		208
GE
Schedule of Available-for-sale Securities [Line Items]
Investment securities	[1]	162		162		137
Equity securities		$ 107		$ 107		$ 86
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

INVESTMENT SECURITIES - Sched57

INVESTMENT SECURITIES - Schedule of Estimated Fair Value and Gross Unrealized Losses of Available-For-Sale Investment Securities (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Estimated fair value
Less than 12 months	$ 7,571	$ 9,098
12 months or more	443	663
Gross unrealized losses
Less than 12 months	(90)	(157)
12 months or more	(69)	(111)
U.S. corporate
Estimated fair value
Less than 12 months	957	1,692
12 months or more	233	359
Gross unrealized losses
Less than 12 months	(39)	(55)
12 months or more	(11)	(30)
Non-U.S. corporate
Estimated fair value
Less than 12 months	5,102	5,352
12 months or more	12	14
Gross unrealized losses
Less than 12 months	(15)	(26)
12 months or more	(4)	(1)
State and municipal
Estimated fair value
Less than 12 months	210	674
12 months or more	156	158
Gross unrealized losses
Less than 12 months	(15)	(27)
12 months or more	(52)	(64)
Mortgage and asset-backed
Estimated fair value
Less than 12 months	856	822
12 months or more	42	132
Gross unrealized losses
Less than 12 months	(18)	(21)
12 months or more	(2)	(16)
Government and agencies
Estimated fair value
Less than 12 months	437	549
12 months or more	0	0
Gross unrealized losses
Less than 12 months	(2)	(26)
12 months or more	0	0
Equity
Estimated fair value
Less than 12 months	9	9
12 months or more	0	0
Gross unrealized losses
Less than 12 months	(2)	(1)
12 months or more	$ 0	$ 0

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other-than-temporary impairments on investment securities recognized in earnings			$ 0	$ 18
Gross realized gains on available-for-sale investment securities	$ 37	$ 36	143	42
Gross realized losses	(2)	(11)	(4)	(40)
Proceeds from investment securities sales and early redemptions by issuers	701	$ 624	1,774	$ 868
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments classified within level 3	$ 4,206		$ 4,206		$ 4,406

INVESTMENT SECURITIES - Sched59

INVESTMENT SECURITIES - Schedule of Contractual Maturities of Investment in Available-For-Sale Debt Securities (Excluding Mortgage and Asset-Backed Securities) (Details) $ in Millions	Jun. 30, 2017USD ($)
Amortized cost
Within one year	$ 5,902
After one year through five years	4,255
After five years through ten years	5,209
After ten years	17,468
Estimated fair value
Within one year	5,900
After one year through five years	4,449
After five years through ten years	5,704
After ten years	$ 20,890

CURRENT RECEIVABLES - Schedule

CURRENT RECEIVABLES - Schedule of Current Receivables (Details) - USD ($) $ in Millions		6 Months Ended	12 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current receivables		$ 22,407	$ 24,935
Allowance for losses		(960)	(858)
Total		21,447	24,076
Outstanding balance of current receivables		2,532	3,821
Receivables Facility
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred purchase price receivable		374	483
Outstanding balance of current receivables		2,933
Maximum exposure to loss		143	215
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current receivables		12,647	13,562
Allowance for losses		(949)	(847)
Total	[1]	11,697	12,715
GE Industrial customer receivables sold to a GE Capital affiliate		10,599	12,304
Current receivables balances, before allowance for losses		7,955	8,927
Financial Services (GE Capital)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0
Outstanding balance of current receivables		$ 1,187	$ 2,504
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

CURRENT RECEIVABLES - Narrative

CURRENT RECEIVABLES - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Cash collections on previously sold current receivables	$ 9,309,000,000
Transferred receivables outstanding serviced by GE Capital	2,532,000,000	$ 3,821,000,000
GE Capital | GE customer receivables sold to GE Capital
Related Party Transaction [Line Items]
Current receivables sold to GE Capital	9,667,000,000
Loss resulting from time value discount on sale of receivables	64,000,000
Receivables Facility
Related Party Transaction [Line Items]
Revolving Facility, maximum borrowing capacity	3,000,000,000
Cash collections on previously sold current receivables	8,036,000,000
Amount paid by purchasing entities to reduce DPP obligation to the Company	297,000,000
Transferred receivables outstanding serviced by GE Capital	$ 2,933,000,000

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Raw materials and work in process	$ 12,830	$ 12,636
Finished goods	9,110	8,798
Unbilled shipments	427	536
Total inventories before revaluation to LIFO	22,367	21,971
Revaluation to LIFO	476	383
Total inventories	$ 22,843	$ 22,354

GE CAPITAL FINANCING RECEIVAB63

GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES - Schedule of Financing Receivables, Net (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – net	$ 12,149	$ 12,242
Finance Leases Portfolio Segment | GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	24,764	26,099
Allowance for losses	(68)	(58)
Financing receivables – net	24,696	26,041
Finance Leases Portfolio Segment | GE Capital | Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	19,790	21,101
Finance Leases Portfolio Segment | GE Capital | Financing leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	$ 4,973	$ 4,998

GE CAPITAL FINANCING RECEIVAB64

GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES - Narrative (Details) - Finance Leases Portfolio Segment - GE Capital - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables on nonaccrual	$ 425	$ 322
Percent of financing receivables on nonaccrual	1.70%	1.20%
Nonaccrual financing receivables currently paying in accordance with contractual terms	$ 290
Recorded investment in impaired loans	387	$ 262
Troubled debt restructurings included in impaired loans	150
Over 30 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables past due	$ 752	$ 811
Percent of financing receivables over 30 days past due	3.00%	3.10%
Over 90 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables past due	$ 351	$ 407
Percent of financing receivables over 90 days past due	1.40%	1.60%

PROPERTY, PLANT AND EQUIPMENT65

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Original cost	$ 86,320		$ 86,320		$ 85,875
Less accumulated depreciation and amortization	(36,153)		(36,153)		(35,356)
Property, plant and equipment – net	50,167		50,167		$ 50,518
Consolidated depreciation and amortization	$ 1,125	$ 1,294	$ 2,318	$ 2,505

ACQUISITIONS, GOODWILL AND OT66

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - ACQUISITIONS (Narrative) (Details) - USD ($) $ in Millions	May 23, 2017	Apr. 20, 2017	Aug. 16, 2016	May 10, 2016	Mar. 31, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Business Acquisition [Line Items]
Payment for acquisition						$ 2,643	$ 206
Goodwill						$ 72,335		$ 70,438
LM Wind Power
Business Acquisition [Line Items]
Payment for acquisition		$ 1,700
Goodwill		1,200
Amortizable intangible assets		$ 200
ServiceMax
Business Acquisition [Line Items]
Payment for acquisition					$ 866
Goodwill					670
Amortizable intangible assets					$ 280
Additional ownership interest acquired (as a percent)					96.00%
Cash acquired					$ 91
Equity interest prior to acquisition (as a percent)					4.00%
Doosan
Business Acquisition [Line Items]
Payment for acquisition			$ 220	$ 250
Goodwill	$ 170
Amortizable intangible assets	$ 35
Additional ownership interest acquired (as a percent)	15.00%
Equity interest prior to acquisition (as a percent)			80.00%
Consideration for remaining HRSG business	$ 35
Remaining business subject to local regulatory requirements (as a percent)	5.00%

ACQUISITIONS, GOODWILL AND OT67

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - BAKER HUGHES (Narrative) (Details) - BHGE LLC - USD ($) $ / shares in Units, $ in Millions	Jul. 03, 2017	Jun. 30, 2017	Jun. 30, 2017
Business Acquisition [Line Items]
Acquisition costs expensed as incurred		$ 59	$ 110
Subsequent Event | GE
Business Acquisition [Line Items]
Contribution to fund cash dividend to existing Baker Hughes shareholders	$ 7,400
Interest held in partnership (as a percent)	62.50%
Total consideration	$ 24,778
Subsequent Event | GE | Class B Common Stock
Business Acquisition [Line Items]
Interest held in partnership (as a percent)	62.50%
Subsequent Event | Baker Hughes
Business Acquisition [Line Items]
Interest held in partnership (as a percent)	37.50%
Subsequent Event | New Baker Hughes | Baker Hughes
Business Acquisition [Line Items]
Special one-time cash dividend (in dollars per share)	$ 17.50
Subsequent Event | New Baker Hughes | Baker Hughes | Class A Common Stock
Business Acquisition [Line Items]
Shares received at closing (in shares)	1

ACQUISITIONS, GOODWILL AND OT68

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Changes in Goodwill Balances (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)
Goodwill
Beginning balance	$ 70,438
Acquisitions	1,965
Dispositions, currency exchange and other	(69)
Ending balance	72,335
Power
Goodwill
Beginning balance	19,816
Acquisitions	50
Dispositions, currency exchange and other	237
Ending balance	20,103
Renewable Energy
Goodwill
Beginning balance	2,507
Acquisitions	1,165
Dispositions, currency exchange and other	126
Ending balance	3,799
Oil & Gas
Goodwill
Beginning balance	10,363
Acquisitions	0
Dispositions, currency exchange and other	93
Ending balance	10,457
Aviation
Goodwill
Beginning balance	9,455
Acquisitions	16
Dispositions, currency exchange and other	269
Ending balance	9,739
Healthcare
Goodwill
Beginning balance	17,424
Acquisitions	47
Dispositions, currency exchange and other	38
Ending balance	17,509
Transportation
Goodwill
Beginning balance	899
Acquisitions	0
Dispositions, currency exchange and other	7
Ending balance	906
Energy Connections & Lighting
Goodwill
Beginning balance	6,868
Acquisitions	0
Dispositions, currency exchange and other	(859)
Ending balance	6,009
Capital
Goodwill
Beginning balance	2,368
Acquisitions	0
Dispositions, currency exchange and other	1
Ending balance	2,369
Corporate
Goodwill
Beginning balance	739
Acquisitions	688
Dispositions, currency exchange and other	19
Ending balance	$ 1,446

ACQUISITIONS, GOODWILL AND OT69

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - GOODWILL (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)
Business Combinations [Abstract]
Increase in goodwill balances	$ 1,897

ACQUISITIONS, GOODWILL AND OT70

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Other Intangible Assets - Net (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Business Combinations [Abstract]
Intangible assets subject to amortization	$ 16,839	$ 16,336
Indefinite-lived intangible assets	90	100
Total	$ 16,929	$ 16,436

ACQUISITIONS, GOODWILL AND OT71

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Intangible Assets Subject to Amortization (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 29,124	$ 27,781
Accumulated amortization	(12,284)	(11,444)
Net	16,839	16,336
Run-off insurance operation
Finite-Lived Intangible Assets [Line Items]
Adjustments to present value of future profits	227	241
Customer-related
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	9,446	9,172
Accumulated amortization	(2,742)	(2,408)
Net	6,704	6,764
Patents and technology
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	9,461	8,693
Accumulated amortization	(3,502)	(3,325)
Net	5,959	5,368
Capitalized software
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	7,939	7,652
Accumulated amortization	(4,806)	(4,538)
Net	3,135	3,114
Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,209	1,165
Accumulated amortization	(365)	(307)
Net	843	858
Lease valuations
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	129	143
Accumulated amortization	(69)	(59)
Net	59	84
Present value of future profits
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	701	684
Accumulated amortization	(701)	(684)
Net	0	0
All other
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	239	273
Accumulated amortization	(99)	(124)
Net	$ 140	$ 149

ACQUISITIONS, GOODWILL AND OT72

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - OTHER INTANGIBLE ASSETS (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Acquisition [Line Items]
Increase in intangible assets subject to amortization			$ 503
GE
Business Acquisition [Line Items]
Amortization expense related to intangible assets	$ 407	$ 450	811	$ 896
GE Capital
Business Acquisition [Line Items]
Amortization expense related to intangible assets	$ 14	$ 37	$ 34	$ 70

CONTRACT ASSETS (Details)

CONTRACT ASSETS (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred inventory costs	$ 4,040	$ 3,349
Non-recurring engineering costs	2,295	2,185
Other	1,051	1,018
Contract assets	28,924	25,162
Related billings in excess of revenues	2,679	3,750
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total revenues in excess of billings	21,538	18,611
GE | Long-term product service agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total revenues in excess of billings	14,764	12,752
GE | Long-term equipment contract revenue
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total revenues in excess of billings	$ 6,774	$ 5,859

BORROWINGS - Schedule of Short-

BORROWINGS - Schedule of Short-term and Long-term Borrowings, Short-term (Details) - USD ($)		6 Months Ended	12 Months Ended
		Jun. 30, 2017	Dec. 31, 2016	Dec. 02, 2015
Short-term borrowings
Total short-term borrowings		$ 30,044,000,000	$ 30,714,000,000
Eliminations		(13,660,000,000)	(13,212,000,000)
Long-term borrowings
Total long-term borrowings		103,676,000,000	105,080,000,000
Eliminations		(36,786,000,000)	(47,173,000,000)
Total borrowings		134,402,000,000	136,210,000,000
Amounts included in GE Capital		2,491,000,000
Total short-term assumed debt excluding intercompany loans		11,923,000,000	13,024,000,000
Total long-term assumed debt excluding intercompany loans		$ 40,368,000,000	47,084,000,000
Weighted average interest rate		3.60%
Weighted average term of intercompany loans		15 years
Current portion of long-term borrowings		$ 682,000,000	417,000,000
GE
Short-term borrowings
Total short-term borrowings		20,331,000,000	20,482,000,000
Long-term borrowings
Total long-term borrowings		61,611,000,000	58,810,000,000
GE | GE borrowings
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		33,725,000,000	20,512,000,000
GE | Commercial paper
Short-term borrowings
Total short-term borrowings		2,000,000,000	1,500,000,000
GE | Current portion of long-term borrowings
Short-term borrowings
Total short-term borrowings		16,120,000,000	17,109,000,000
GE | Other
Short-term borrowings
Total short-term borrowings		2,211,000,000	1,874,000,000
GE Capital
Short-term borrowings
Total short-term borrowings		23,373,000,000	23,443,000,000
Long-term borrowings
Total long-term borrowings		78,852,000,000	93,443,000,000
GE Capital | Intercompany Payable To GE
Long-term borrowings
Short-term intercompany loans from GE Capital to GE		0	1,329,000,000
Long-term intercompany loans from GE Capital to GE		4,075,000,000	0
GE Capital | Funding secured by aircraft and other collateral
Long-term borrowings
Amounts included in GE Capital		1,781,000,000	2,665,000,000
GE Capital | Non-recourse to GE Capital
Long-term borrowings
Amounts included in GE Capital		591,000,000	1,419,000,000
GE Capital | Commercial paper
Short-term borrowings
Total short-term borrowings		5,012,000,000	5,002,000,000
GE Capital | Current portion of long-term borrowings
Short-term borrowings
Total short-term borrowings		5,869,000,000	6,517,000,000
GE Capital | Other
Short-term borrowings
Total short-term borrowings		569,000,000	229,000,000
GE Capital | Intercompany Payable To GE
Short-term borrowings
Total short-term borrowings		11,923,000,000	11,696,000,000
Consolidated securitization entities
Short-term borrowings
Total short-term borrowings	[1]	23,373,000,000	23,443,000,000
Long-term borrowings
Current portion of long-term borrowings		682,000,000	417,000,000
Consolidated securitization entities | Intercompany Payable To GE
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		48,216,000,000	58,780,000,000
Intercompany Payable To GE | GE Capital
Long-term borrowings
Total long-term borrowings		36,293,000,000	47,084,000,000
Senior notes | GE
Long-term borrowings
Total long-term borrowings		56,699,000,000	54,396,000,000
Senior notes | GE Capital
Long-term borrowings
Total long-term borrowings		40,927,000,000	44,131,000,000
Subordinated notes | GE
Long-term borrowings
Total long-term borrowings		2,835,000,000	2,768,000,000
Subordinated notes | GE Capital
Long-term borrowings
Total long-term borrowings		218,000,000	236,000,000
Subordinated debentures | GE
Long-term borrowings
Total long-term borrowings		740,000,000	719,000,000
Other | GE
Long-term borrowings
Total long-term borrowings		1,337,000,000	928,000,000
Other | GE Capital
Long-term borrowings
Total long-term borrowings		1,414,000,000	1,992,000,000
Non-recourse borrowings of consolidated securitization entities | Consolidated securitization entities
Long-term borrowings
Total long-term borrowings		682,000,000	417,000,000
Non-recourse borrowings of consolidated securitization entities | Current portion of long-term borrowings
Long-term borrowings
Current portion of long-term borrowings		528,000,000	$ 320,000,000
Non-recourse borrowings of consolidated securitization entities | Consolidated securitization entities
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		$ 44,077,000,000		$ 92,537,000,000
[1]	In 2015, senior unsecured notes and commercial paper were assumed by GE upon its merger with GE Capital, resulting in an intercompany receivable and payable between GE and GE Capital. See Note 10.

BORROWINGS - Schedule of Shor75

BORROWINGS - Schedule of Short-term and Long-term Borrowings, Long-term (Details) - USD ($)		6 Months Ended	12 Months Ended
		Jun. 30, 2017	Dec. 31, 2016	Dec. 02, 2015
Short-term borrowings
Total short-term borrowings		$ 30,044,000,000	$ 30,714,000,000
Eliminations		(13,660,000,000)	(13,212,000,000)
Long-term borrowings
Total long-term borrowings		103,676,000,000	105,080,000,000
Eliminations		(36,786,000,000)	(47,173,000,000)
Total borrowings		134,402,000,000	136,210,000,000
Amounts included in GE Capital		2,491,000,000
Total short-term assumed debt excluding intercompany loans		11,923,000,000	13,024,000,000
Total long-term assumed debt excluding intercompany loans		$ 40,368,000,000	47,084,000,000
Weighted average interest rate		3.60%
Weighted average term of intercompany loans		15 years
Current portion of long-term borrowings		$ 682,000,000	417,000,000
GE
Short-term borrowings
Total short-term borrowings		20,331,000,000	20,482,000,000
Long-term borrowings
Total long-term borrowings		61,611,000,000	58,810,000,000
GE | GE borrowings
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		33,725,000,000	20,512,000,000
GE | Senior notes
Long-term borrowings
Total long-term borrowings		56,699,000,000	54,396,000,000
GE | Subordinated notes
Long-term borrowings
Total long-term borrowings		2,835,000,000	2,768,000,000
GE | Subordinated debentures
Long-term borrowings
Total long-term borrowings		740,000,000	719,000,000
GE | Other
Long-term borrowings
Total long-term borrowings		1,337,000,000	928,000,000
GE | Commercial paper
Short-term borrowings
Total short-term borrowings		2,000,000,000	1,500,000,000
GE | Current portion of long-term borrowings
Short-term borrowings
Total short-term borrowings		16,120,000,000	17,109,000,000
GE | Other
Short-term borrowings
Total short-term borrowings		2,211,000,000	1,874,000,000
GE Capital
Short-term borrowings
Total short-term borrowings		23,373,000,000	23,443,000,000
Long-term borrowings
Total long-term borrowings		78,852,000,000	93,443,000,000
GE Capital | Intercompany Payable To GE
Long-term borrowings
Short-term intercompany loans from GE Capital to GE		0	1,329,000,000
Long-term intercompany loans from GE Capital to GE		4,075,000,000	0
GE Capital | Funding secured by aircraft and other collateral
Long-term borrowings
Amounts included in GE Capital		1,781,000,000	2,665,000,000
GE Capital | Non-recourse to GE Capital
Long-term borrowings
Amounts included in GE Capital		591,000,000	1,419,000,000
GE Capital | Intercompany Payable To GE
Long-term borrowings
Total long-term borrowings		36,293,000,000	47,084,000,000
GE Capital | Senior notes
Long-term borrowings
Total long-term borrowings		40,927,000,000	44,131,000,000
GE Capital | Subordinated notes
Long-term borrowings
Total long-term borrowings		218,000,000	236,000,000
GE Capital | Other
Long-term borrowings
Total long-term borrowings		1,414,000,000	1,992,000,000
GE Capital | Commercial paper
Short-term borrowings
Total short-term borrowings		5,012,000,000	5,002,000,000
GE Capital | Current portion of long-term borrowings
Short-term borrowings
Total short-term borrowings		5,869,000,000	6,517,000,000
GE Capital | Intercompany Payable To GE
Short-term borrowings
Total short-term borrowings		11,923,000,000	11,696,000,000
GE Capital | Other
Short-term borrowings
Total short-term borrowings		569,000,000	229,000,000
Consolidated securitization entities
Short-term borrowings
Total short-term borrowings	[1]	23,373,000,000	23,443,000,000
Long-term borrowings
Current portion of long-term borrowings		682,000,000	417,000,000
Consolidated securitization entities | Intercompany Payable To GE
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		48,216,000,000	58,780,000,000
Consolidated securitization entities | Non-recourse borrowings of consolidated securitization entities
Long-term borrowings
Total long-term borrowings		682,000,000	417,000,000
Non-recourse borrowings of consolidated securitization entities | Current portion of long-term borrowings
Long-term borrowings
Current portion of long-term borrowings		528,000,000	$ 320,000,000
Non-recourse borrowings of consolidated securitization entities | Consolidated securitization entities
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		$ 44,077,000,000		$ 92,537,000,000
[1]	In 2015, senior unsecured notes and commercial paper were assumed by GE upon its merger with GE Capital, resulting in an intercompany receivable and payable between GE and GE Capital. See Note 10.

BORROWINGS - Narrative (Details

BORROWINGS - Narrative (Details) $ in Millions	Jun. 30, 2017USD ($)	Jun. 30, 2017EUR (€)	Dec. 02, 2015USD ($)
GE Capital | Non-recourse borrowings of consolidated securitization entities
Guarantor Obligations [Line Items]
Debt assumed by GE upon merger | $	$ 44,077		$ 92,537
Senior unsecured debt | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 8,000,000,000
0.375% Notes due 2022 | Senior unsecured debt | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 1,750,000,000
Debt Instrument, Interest Rate, Stated Percentage	0.375%	0.375%
0.875% Notes due 2025 | Senior unsecured debt | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 2,000,000,000
Debt Instrument, Interest Rate, Stated Percentage	0.875%	0.875%
1.50% Notes due 2029 | Senior unsecured debt | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 2,250,000,000
Debt Instrument, Interest Rate, Stated Percentage	1.50%	1.50%
2.125% Notes due 2037 | Senior unsecured debt | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 2,000,000,000
Debt Instrument, Interest Rate, Stated Percentage	2.125%	2.125%

INVESTMENT CONTRACTS, INSURAN77

INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Insurance [Abstract]
Future policy benefit reserves	$ 19,105	$ 18,741
Investment contracts	2,671	2,813
Other	5,241	4,992
Insurance and investment contract liabilities	27,016	26,546
Eliminations	(545)	(460)
Total	$ 26,471	$ 26,086

POSTRETIREMENT BENEFIT PLANS (D

POSTRETIREMENT BENEFIT PLANS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	$ 254	$ 291	$ 543	$ 606
Prior service cost (credit) amortization	72	76	145	152
Expected return on plan assets	(849)	(836)	(1,698)	(1,670)
Interest cost on benefit obligations	712	735	1,429	1,469
Net actuarial loss (gain) amortization	697	612	1,407	1,224
Curtailment loss (gain)	0	(1)	43	(1)
Pension plans/Retiree benefit plans cost	886	877	1,869	1,780
Other pension plans
Defined Benefit Plan Disclosure [Line Items]
Threshold to be included in other pension plans (greater than)	50		50
Service cost for benefits earned	123	118	274	231
Prior service cost (credit) amortization	(1)	0	(2)	(1)
Expected return on plan assets	(301)	(259)	(595)	(522)
Interest cost on benefit obligations	145	168	287	340
Net actuarial loss (gain) amortization	107	65	210	129
Pension plans/Retiree benefit plans cost	73	92	174	177
Principal retiree benefit plans
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	26	27	52	52
Prior service cost (credit) amortization	(43)	(41)	(86)	(82)
Expected return on plan assets	(9)	(11)	(18)	(22)
Interest cost on benefit obligations	56	63	113	126
Net actuarial loss (gain) amortization	(20)	(14)	(41)	(27)
Curtailment loss (gain)	0	0	3	0
Pension plans/Retiree benefit plans cost	$ 10	$ 24	$ 23	$ 47

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Effective income tax rate	1.30%	7.00%
Unrecognized tax benefits	$ 4,760		$ 4,692
Portion that, if recognized, would reduce tax expense and effective tax rate	2,894		2,886
Accrued interest on unrecognized tax benefits	682		615
Accrued penalties on unrecognized tax benefits	119		118
Lower limit
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Portion that, if recognized, would reduce tax expense and effective tax rate	0		0
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months	0		0
Upper limit
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Portion that, if recognized, would reduce tax expense and effective tax rate	500		500
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months	$ 600		$ 600

SHAREOWNERS' EQUITY - Schedule

SHAREOWNERS' EQUITY - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			$ 77,491,000,000
Reclassifications from OCI – net of deferred taxes	$ 467,000,000	$ 461,000,000	1,525,000,000	$ 946,000,000
Other comprehensive income (loss)	1,318,000,000	810,000,000	3,151,000,000	1,636,000,000
Less OCI attributable to noncontrolling interests	1,000,000	3,000,000	7,000,000	6,000,000
Accumulated other comprehensive income (loss) at June 30	75,783,000,000	86,684,000,000	75,783,000,000	86,684,000,000
Investment securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	622,000,000	680,000,000	674,000,000	460,000,000
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	291,000,000	419,000,000	309,000,000	578,000,000
Reclassifications from OCI – net of deferred taxes	(48,000,000)	(21,000,000)	(118,000,000)	39,000,000
Other comprehensive income (loss)	243,000,000	397,000,000	191,000,000	617,000,000
Less OCI attributable to noncontrolling interests	0	0	0	0
Accumulated other comprehensive income (loss) at June 30	866,000,000	1,077,000,000	866,000,000	1,077,000,000
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	146,000,000	222,000,000	159,000,000	304,000,000
Deferred taxes, reclassifications from OCI	(25,000,000)	(9,000,000)	(61,000,000)	31,000,000
Currency translation adjustments (CTA)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(6,004,000,000)	(5,500,000,000)	(6,816,000,000)	(5,499,000,000)
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	491,000,000	26,000,000	753,000,000	141,000,000
Reclassifications from OCI – net of deferred taxes	34,000,000	29,000,000	588,000,000	(85,000,000)
Other comprehensive income (loss)	525,000,000	55,000,000	1,341,000,000	57,000,000
Less OCI attributable to noncontrolling interests	2,000,000	3,000,000	6,000,000	6,000,000
Accumulated other comprehensive income (loss) at June 30	(5,481,000,000)	(5,448,000,000)	(5,481,000,000)	(5,448,000,000)
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	(207,000,000)	(50,000,000)	(241,000,000)	217,000,000
Deferred taxes, reclassifications from OCI	(1,000,000)	(39,000,000)	(541,000,000)	80,000,000
Cash flow hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	32,000,000	(26,000,000)	12,000,000	(80,000,000)
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	44,000,000	(15,000,000)	64,000,000	(40,000,000)
Reclassifications from OCI – net of deferred taxes	(54,000,000)	(10,000,000)	(55,000,000)	69,000,000
Other comprehensive income (loss)	(10,000,000)	(25,000,000)	9,000,000	30,000,000
Less OCI attributable to noncontrolling interests	0	0	0	0
Accumulated other comprehensive income (loss) at June 30	22,000,000	(51,000,000)	22,000,000	(51,000,000)
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	(8,000,000)	2,000,000	(2,000,000)	(5,000,000)
Deferred taxes, reclassifications from OCI	(10,000,000)	(4,000,000)	(9,000,000)	1,000,000
Benefit plans
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(11,421,000,000)	(10,859,000,000)	(12,469,000,000)	(11,410,000,000)
Reclassifications from OCI – net of deferred taxes	536,000,000	463,000,000	1,110,000,000	922,000,000
Other comprehensive income (loss)	560,000,000	382,000,000	1,610,000,000	933,000,000
Less OCI attributable to noncontrolling interests	(1,000,000)	0	1,000,000	(1,000,000)
Accumulated other comprehensive income (loss) at June 30	(10,860,000,000)	(10,476,000,000)	(10,860,000,000)	(10,476,000,000)
Deferred taxes, reclassifications from OCI	270,000,000	237,000,000	558,000,000	474,000,000
Prior service credit (costs) - net of deferred taxes of $0, $0, $0 and $5
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	0	0	0	23,000,000
Reclassifications from OCI – net of deferred taxes	10,000,000	17,000,000	21,000,000	33,000,000
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	0	0	0	5,000,000
Deferred taxes, reclassifications from OCI	19,000,000	20,000,000	38,000,000	41,000,000
Net actuarial gain (loss) – net of deferred taxes of $32, $(65), $133 and $(43)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	24,000,000	(80,000,000)	500,000,000	(12,000,000)
Reclassifications from OCI – net of deferred taxes	526,000,000	447,000,000	1,059,000,000	890,000,000
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	32,000,000	(65,000,000)	133,000,000	(43,000,000)
Deferred taxes, reclassifications from OCI	251,000,000	217,000,000	504,000,000	433,000,000
Net curtailment/settlement - net of deferred taxes of $0, $0, $16 and $0
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	0	(1,000,000)	30,000,000	(1,000,000)
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	0	0	16,000,000	0
Accumulated other comprehensive income (loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Accumulated other comprehensive income (loss) at June 30	$ (15,454,000,000)	$ (14,898,000,000)	$ (15,454,000,000)	$ (14,898,000,000)

SHAREOWNERS' EQUITY - Schedul81

SHAREOWNERS' EQUITY - Schedule of Reclassification Out of AOCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total revenues and other income	$ 29,558	$ 33,494	$ 57,219	$ 61,339
Benefit (provision) for income taxes	(15)	(461)	(31)	(284)
Earnings (loss) from continuing operations	1,499	3,363	2,315	3,779
GE Capital revenues from services	2,022	2,316	4,286	4,838
Interest and other financial charges	1,174	1,326	2,313	3,062
Other	28,044	29,670	54,872	57,276
Earnings (loss) from continuing operations before income taxes	1,515	3,824	2,346	4,063
Total reclassification adjustments (net of tax)	(467)	(461)	(1,525)	(946)
Available-for-sale securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, Benefit (provision) for income taxes	(25)	(9)	(61)	31
Total reclassification adjustments (net of tax)	48	21	118	(39)
Available-for-sale securities | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total revenues and other income	73	30	178	(70)
Benefit (provision) for income taxes	(25)	(9)	(61)	31
Earnings (loss) from continuing operations	48	21	118	(39)
Available-for-sale securities | Reclassification out of Accumulated Other Comprehensive Income | Discontinued operations
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total revenues and other income	0	6	0	(72)
Benefit (provision) for income taxes	0	(1)	0	31
Currency translation adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, Benefit (provision) for income taxes	(1)	(39)	(541)	80
Total reclassification adjustments (net of tax)	(34)	(29)	(588)	85
Currency translation adjustments | Discontinued operations
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total revenues and other income	3	77	32	71
Benefit (provision) for income taxes	(1)	(39)	(541)	80
Currency translation adjustments | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit (provision) for income taxes	(1)	(39)	(541)	80
Earnings (loss) from continuing operations	(34)	(29)	(588)	85
GE Capital revenues from services	(33)	10	(47)	5
Cash flow hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, Benefit (provision) for income taxes	(10)	(4)	(9)	1
Total reclassification adjustments (net of tax)	54	10	55	(69)
Cash flow hedges | Foreign exchange contracts | Discontinued operations
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
GE Capital revenues from services	76	53	101	31
Interest and other financial charges	(10)	(17)	(23)	(36)
Cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit (provision) for income taxes	(10)	(4)	(9)	1
Earnings (loss) from continuing operations	54	10	55	(69)
Earnings (loss) from continuing operations before income taxes	65	14	64	(71)
Cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Gains (losses) on interest rate derivatives
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest and other financial charges	(15)	(26)	(15)	(55)
Cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Foreign exchange contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
GE Capital revenues from services	78	37	78	(5)
Cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Other
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other	1	2	1	(11)
Benefit plan items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, reclassifications	(806)	(700)	(1,668)	(1,396)
Benefit plan items, Benefit (provision) for income taxes	270	237	558	474
Total reclassification adjustments (net of tax)	(536)	(463)	(1,110)	(922)
Curtailment gain (loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, reclassifications	0	1	(46)	1
Amortization of prior service costs
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, reclassifications	(29)	(37)	(59)	(74)
Benefit plan items, Benefit (provision) for income taxes	19	20	38	41
Total reclassification adjustments (net of tax)	(10)	(17)	(21)	(33)
Amortization of actuarial gains (losses)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, reclassifications	(777)	(664)	(1,563)	(1,323)
Benefit plan items, Benefit (provision) for income taxes	251	217	504	433
Total reclassification adjustments (net of tax)	$ (526)	$ (447)	$ (1,059)	$ (890)

SHAREOWNERS' EQUITY - Schedul82

SHAREOWNERS' EQUITY - Schedule of Changes to Noncontrolling Interests (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2017		Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016
Stockholders' Equity Attributable to Noncontrolling Interest
Beginning balance	$ 1,639		$ 1,667	$ 1,663	[1]	$ 1,864
Net earnings (loss)	14		1	20		(68)
Dividends	(22)		(14)	(31)		(21)
Dispositions	5		0	(8)		(42)
Other (including AOCI)	(3)		39	(10)		(40)
Ending balance at June 30	$ 1,634	[1]	$ 1,693	$ 1,634	[1]	1,693
GEAM
Stockholders' Equity Attributable to Noncontrolling Interest
Other (including AOCI)						$ (123)
[1]	Included AOCI attributable to noncontrolling interests of $(271) million and $(278) million at June 30, 2017 and December 31, 2016, respectively.

SHAREOWNERS' EQUITY - Narrative

SHAREOWNERS' EQUITY - Narrative (Details) $ in Millions	Nov. 02, 2015joint_venture	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Equity [Abstract]
Number of joint ventures formed as part of the Alstom acquisition | joint_venture	3
Related Party Transaction [Line Items]
Cash dividends		$ 2,016	$ 3,500	$ 4,016	$ 11,000
Dividends on GE preferred stock		182	152	216	441
Cash dividends		147	$ 120	147	$ 185
GE Capital | GE
Related Party Transaction [Line Items]
Dividends from GE Capital to GE		$ 2,105		$ 4,105

SHAREOWNERS' EQUITY - Schedul84

SHAREOWNERS' EQUITY - Schedule of Changes to Redeemable Noncontrolling Interests (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Stockholders' Equity Attributable to Noncontrolling Interest
Beginning balance	$ 3,054	$ 3,036	$ 3,025	$ 2,972
Net earnings (loss)	(28)	(86)	(109)	(139)
Dividends	0	0	(11)	(9)
Redemption value adjustment	43	79	114	110
Other	125	42	173	135
Ending balance at June 30	3,193	3,070	3,193	3,070
Alstom Acquisition
Stockholders' Equity Attributable to Noncontrolling Interest
Ending balance at June 30	$ 2,894	$ 2,950	$ 2,894	$ 2,950

EARNINGS PER SHARE INFORMATIO85

EARNINGS PER SHARE INFORMATION (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Diluted
Earnings from continuing operations for per-share calculation	$ 1,514	$ 3,446	$ 2,401	$ 3,981
Preferred stock dividends	(182)	(152)	(216)	(441)
Earnings from continuing operations attributable to common shareowners for per-share calculation	1,332	3,294	2,185	3,540
Loss from discontinued operations for per-share calculation	(157)	(546)	(399)	(861)
Net earnings attributable to GE common shareowners for per-share calculation	$ 1,179	$ 2,751	$ 1,793	$ 2,687
Shares of GE common stock outstanding	8,671	9,079	8,695	9,179
Employee compensation-related shares (including stock options)	89	108	94	101
Total average equivalent shares	8,760	9,187	8,789	9,281
Earnings (loss) from continuing operations (in dollars per share)	$ 0.15	$ 0.36	$ 0.25	$ 0.38
Loss from discontinued operations (in dollars per share)	(0.02)	(0.06)	(0.05)	(0.09)
Net earnings (loss) (in dollars per share)	$ 0.13	$ 0.30	$ 0.20	$ 0.29
Basic
Earnings from continuing operations for per-share calculation	$ 1,514	$ 3,449	$ 2,400	$ 3,983
Preferred stock dividends	(182)	(152)	(216)	(441)
Earnings from continuing operations attributable to common shareowners for per-share calculation	1,332	3,297	2,184	3,542
Loss from discontinued operations for per-share calculation	(157)	(543)	(400)	(858)
Net earnings attributable to GE common shareowners for per-share calculation	$ 1,179	$ 2,753	$ 1,793	$ 2,690
Shares of GE common stock outstanding	8,671	9,079	8,695	9,179
Employee compensation-related shares (including stock options)	0	0	0	0
Total average equivalent shares	8,671	9,079	8,695	9,179
Earnings (loss) from continuing operations (in dollars per share)	$ 0.15	$ 0.36	$ 0.25	$ 0.39
Loss from discontinued operations (in dollars per share)	(0.02)	(0.06)	(0.05)	(0.09)
Net earnings (loss) (in dollars per share)	$ 0.14	$ 0.30	$ 0.21	$ 0.29
Outstanding stock awards not included in the computation of diluted earnings per share (in shares)	33	25	26	28

FINANCIAL INSTRUMENTS - Schedul

FINANCIAL INSTRUMENTS - Schedule of Information About Assets and Liabilities Not Carried at Fair Value (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Liabilities
Borrowings (debt assumed)	$ 134,402	$ 136,210
Reduction to fair value of borrowings had interest rate and currency derivatives had been excluded	2,478	2,397
GE | Intercompany Payable To GE
Liabilities
Accrued interest on borrowings (debt assumed)	553	803
GE Capital
Liabilities
Accrued interest on borrowings (debt assumed)	107	115
Accrued interest on borrowings	808	775
GE Capital | Intercompany Payable To GE
Liabilities
Borrowings	48,216	58,780
Carrying amount (net) | GE
Assets
Investments and notes receivable	1,305	1,526
Liabilities
Borrowings	29,650	19,184
Borrowings (debt assumed)	52,291	60,109
Carrying amount (net) | GE Capital
Assets
Loans	19,740	21,060
Other commercial mortgages	1,471	1,410
Loans held for sale	604	473
Other financial instruments	116	121
Liabilities
Borrowings	54,691	58,523
Investment contracts	2,671	2,813
Estimated fair value | GE
Assets
Investments and notes receivable	1,355	1,595
Liabilities
Borrowings	30,455	19,923
Borrowings (debt assumed)	59,603	66,998
Estimated fair value | GE Capital
Assets
Loans	19,774	20,830
Other commercial mortgages	1,554	1,472
Loans held for sale	604	473
Other financial instruments	149	150
Liabilities
Borrowings	58,752	62,024
Investment contracts	$ 3,130	$ 3,277

FINANCIAL INSTRUMENTS - Sched87

FINANCIAL INSTRUMENTS - Schedule of Notional Amounts of Loan Commitments (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Ordinary course of business lending commitments	$ 789	$ 687
Unused revolving credit lines	229	238
Excluded investment commitments	$ 259	$ 522

FINANCIAL INSTRUMENTS - Narrati

FINANCIAL INSTRUMENTS - Narrative (Details) $ in Billions	Jun. 30, 2017USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding notional amount	$ 173

FINANCIAL INSTRUMENTS - Sched89

FINANCIAL INSTRUMENTS - Schedule of Financial Statement Effects - Cash Flow Hedges (Details) - Cash Flow Hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value of derivatives increase (decrease)	$ 34	$ 11	$ 56	$ (45)
Shareowners' equity (increase) decrease	(34)	(12)	(56)	45
Earnings (loss) related to ineffectiveness	0	0	0	1
Earnings (loss) effect	$ 65	$ 14	$ 64	$ (71)

FINANCIAL INSTRUMENTS - Sched90

FINANCIAL INSTRUMENTS - Schedule of Financial Statement Effects - Fair Value Hedges (Details) - Fair Value Hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value of derivatives increase (decrease)	$ (57)	$ 888	$ (282)	$ 2,610
Adjustment to carrying amount of hedged debt (increase) decrease	2	(933)	164	(2,688)
Earnings (loss) related to hedge ineffectiveness	$ (56)	$ (46)	$ (118)	$ (77)

FINANCIAL INSTRUMENTS - Sched91

FINANCIAL INSTRUMENTS - Schedule of Financial Statement Effects - Net Investment Hedges (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Earnings (loss) related to spot-forward differences and ineffectiveness	$ (253,000,000)	$ (171,000,000)	$ (420,000,000)	$ (360,000,000)
Net Investment Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value of derivatives increase (decrease)	(98,000,000)	(282,000,000)	(191,000,000)	47,000,000
Fair value of non-derivative instruments (increase) decrease	(389,000,000)	(322,000,000)	(859,000,000)	(49,000,000)
Shareowners' equity (increase) decrease	490,000,000	609,000,000	1,063,000,000	40,000,000
Earnings (loss) related to spot-forward differences and ineffectiveness	3,000,000	5,000,000	13,000,000	37,000,000
Earnings (loss) related to reclassification upon sale or liquidation	$ 0	$ (380,000,000)	$ 59,000,000	$ (1,072,000,000)

FINANCIAL INSTRUMENTS - Sched92

FINANCIAL INSTRUMENTS - Schedule of Financial Statement Effects - Economic Hedges (Details) - Not Designated as Hedging Instrument - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Change in fair value of economic hedge increase (decrease)	$ 979	$ 157	$ 641	$ (122)
Change in carrying amount of item being hedged increase (decrease)	(1,180)	(286)	(956)	(198)
Earnings (loss) effect	$ (200)	$ (130)	$ (315)	$ (321)

FINANCIAL INSTRUMENTS - Sched93

FINANCIAL INSTRUMENTS - Schedule of Carrying Amounts Related to Derivatives (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative assets	$ 4,077	$ 5,467
Derivative liabilities	(2,511)	(4,883)
Accrued interest	484	792
Cash collateral & credit valuation adjustment	(1,599)	(672)
Net Derivatives	451	703
Securities held as collateral	(432)	(442)
Net amount	$ 19	$ 262

FINANCIAL INSTRUMENTS - Sched94

FINANCIAL INSTRUMENTS - Schedule of Effects of Derivatives on Earnings (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on earnings	$ (253)	$ (171)	$ (420)	$ (360)
Cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	34	11	56	(45)
Effect on underlying	(34)	(12)	(56)	45
Effect on earnings	0	0	0	1
Fair value hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	(57)	888	(282)	2,610
Effect on underlying	2	(933)	164	(2,688)
Effect on earnings	(56)	(46)	(118)	(77)
Net investment hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	(487)	(604)	(1,050)	(2)
Effect on underlying	490	609	1,063	40
Effect on earnings	3	5	13	37
Economic hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	979	157	641	(122)
Effect on underlying	(1,180)	(286)	(956)	(198)
Effect on earnings	$ (200)	$ (130)	$ (315)	$ (321)

VARIABLE INTEREST ENTITIES - Na

VARIABLE INTEREST ENTITIES - Narrative (Details) $ in Millions	Nov. 02, 2015joint_venture	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Variable Interest Entities [Abstract]
Number of joint ventures formed as part of the Alstom acquisition | joint_venture	3
Variable Interest Entity [Line Items]
Combined assets		$ 5,851		$ 5,851
Total revenues from consolidated VIEs		29,558	$ 33,494	57,219	$ 61,339
Alstom acquisition
Variable Interest Entity [Line Items]
Combined assets		16,193		16,193		$ 14,460
Combined liabilities		9,006		9,006		9,922
Redeemable non-controlling interest				2,894		2,709
Consolidated VIEs
Variable Interest Entity [Line Items]
Combined assets		6,509		6,509		6,105
Combined liabilities		5,089		5,089		4,553
Total revenues from consolidated VIEs		256	439	508	794
Cost of goods and services		83	$ 257	178	$ 601
Third-party investors
Variable Interest Entity [Line Items]
Commingled cash owed to third-party investors		1,123		1,123		1,117
Commingled cash owed by third-party investors		10		10		5
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Investments in unconsolidated VIEs		$ 6,210		$ 6,210		$ 6,346

VARIABLE INTEREST ENTITIES - Sc

VARIABLE INTEREST ENTITIES - Schedule of Assets and Liabilities of Consolidated VIEs (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)funding_vehicle	Dec. 31, 2016USD ($)
Variable Interest Entity [Line Items]
Assets	$ 5,851
Consolidated VIE
Variable Interest Entity [Line Items]
Assets	6,509	$ 6,105
Liabilities	5,089	4,553
GE | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	643	549
Liabilities	$ 532	458
GE Capital
Variable Interest Entity [Line Items]
Number of funding vehicles established | funding_vehicle	2
Number of funding vehicles partially funded by third-party debt | funding_vehicle	1
GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Assets	$ 1,880	1,792
Liabilities	1,852	1,779
GE Capital | Other
Variable Interest Entity [Line Items]
Assets	3,986	3,764
Liabilities	2,705	2,316
Financing receivables, net | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	881	1,035
Financing receivables, net | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	0	0
Financing receivables, net | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Assets	0	0
Financing receivables, net | GE Capital | Other
Variable Interest Entity [Line Items]
Assets	881	1,035
Current receivables | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	616	727
Current receivables | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	56	57
Current receivables | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Assets	560	670
Current receivables | GE Capital | Other
Variable Interest Entity [Line Items]
Assets	0	0
Investment securities | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	1,004	982
Investment securities | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	0	0
Investment securities | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Assets	0	0
Investment securities | GE Capital | Other
Variable Interest Entity [Line Items]
Assets	1,004	982
Other assets | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	4,008	3,361
Other assets | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	587	492
Other assets | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Assets	1,320	1,122
Other assets | GE Capital | Other
Variable Interest Entity [Line Items]
Assets	2,101	1,747
Borrowings
Variable Interest Entity [Line Items]
Liabilities	682
Borrowings | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	1,172	819
Borrowings | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	38	1
Borrowings | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Liabilities	0	0
Borrowings | GE Capital | Other
Variable Interest Entity [Line Items]
Liabilities	1,134	818
Non-recourse borrowings | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	683	417
Non-recourse borrowings | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	0	0
Non-recourse borrowings | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Liabilities	667	401
Non-recourse borrowings | GE Capital | Other
Variable Interest Entity [Line Items]
Liabilities	16	16
Other liabilities | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	3,234	3,317
Other liabilities | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	494	457
Other liabilities | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Liabilities	1,185	1,378
Other liabilities | GE Capital | Other
Variable Interest Entity [Line Items]
Liabilities	$ 1,555	$ 1,482

COMMITMENTS, GUARANTEES, PROD97

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - COMMITMENTS (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)
GECAS | New aircraft
Long-term Purchase Commitment [Line Items]
List prices of multiple-year orders	$ 39,374
GECAS | Used aircraft
Long-term Purchase Commitment [Line Items]
List prices of multiple-year orders	1,894
Aviation
Long-term Purchase Commitment [Line Items]
Commitment to provide financing assistance	$ 1,911

COMMITMENTS, GUARANTEES, PROD98

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - GUARANTEES (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Guarantor Obligations [Line Items]
Liability for indemnification agreements	$ 21,607	$ 22,912
Credit support
Guarantor Obligations [Line Items]
Commitments	2,282
Liability for credit support and indemnification agreements	44
Indemnification agreements
Guarantor Obligations [Line Items]
Commitments	1,051
Liability for credit support and indemnification agreements	7
Required funding under residual value guarantees	210
Liability for indemnification agreements	234
Indemnification agreements - discontinued operations
Guarantor Obligations [Line Items]
Commitments	2,611
Liability for indemnification agreements	$ 305

COMMITMENTS, GUARANTEES, PROD99

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Schedule of Product Warranties (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Movement in Standard Product Warranty Accrual
Balance at January 1	$ 1,920	$ 1,723
Current-year provisions	354	339
Expenditures	(414)	(343)
Other changes	109	113
Balance as of June 30	$ 1,969	$ 1,832

COMMITMENTS, GUARANTEES, PRO100

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - OTHER LOSS CONTINGENCIES (Narrative) (Details) € in Millions, $ in Millions	Jan. 23, 2017USD ($)	Dec. 31, 2014USD ($)	Jan. 31, 2007EUR (€)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)securitizationlawsuitsignificant_case	Jun. 30, 2016USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Nov. 02, 2015USD ($)
Loss Contingencies [Line Items]
Claims reflecting purchase price or unpaid principal balances of the loans at the time of purchase				$ 6,454		$ 6,454
Period prior to notifying WMC when claim would be disallowed						6 years
Number of significant cases involving anti-competitive activities and improper payments | significant_case						2
Fine for participating in gas insulated switchgear cartel (in euros) | €			€ 65
Reduced fine (in euros) | €			€ 59
Criminal penalty paid		$ 772
Reserve established for legal and compliance matters												$ 858
Disposed of by Sale | WMC
Loss Contingencies [Line Items]
Active claims for alleged breaches of representations and warranties on mortgage loans				1,019		$ 1,019			$ 1,060
Additional claims asserted against WMC in litigation without making a prior claim				5,435		5,435			5,456
Reserves related to repurchase claims				636	$ 860	636	$ 860	$ 626	$ 626	$ 833	$ 875
Net increase to reserves				10	$ 27	$ 10	$ 84
Number of lawsuits arising from alleged breaches of representations and warranties | lawsuit						10
Number of securitizations related to lawsuits | securitization						11
Number number of lawsuits that are the subject of settlement agreements | lawsuit						5
Disposed of by Sale | WMC | Lower limit
Loss Contingencies [Line Items]
Estimate of possible loss				0		$ 0
Disposed of by Sale | WMC | Maximum
Loss Contingencies [Line Items]
Estimate of possible loss				$ 500		$ 500
Disposed of by Sale | WMC | ResCap Liquidating Trust
Loss Contingencies [Line Items]
Sale of loans to RFC	$ 840

COMMITMENTS, GUARANTEES, PRO101

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Rollforward of the Reserve (Details) - Disposed of by Sale - WMC - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Loss Contingency Accrual
Balance, beginning of period	$ 626	$ 833	$ 626	$ 875
Provision	10	27	10	84
Claim resolutions / rescissions	0	0	0	(99)
Balance, end of period	$ 636	$ 860	$ 636	$ 860

INTERCOMPANY TRANSACTIONS (Deta

INTERCOMPANY TRANSACTIONS (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Related Party Transaction [Line Items]
Total cash from (used for) operating activities-continuing operations	$ 3,389	$ 2,014
Total cash from (used for) investing activities-continuing operations	4,083	42,414
Total cash from (used for) financing activities-continuing operations	(12,089)	(62,763)
GE and GE Capital totals
Related Party Transaction [Line Items]
Total cash from (used for) operating activities-continuing operations	5,549	11,207
Total cash from (used for) investing activities-continuing operations	3,173	39,495
Total cash from (used for) financing activities-continuing operations	(13,339)	(69,038)
GE and GE Capital totals | GE Capital | GE current receivables sold to GE Capital
Related Party Transaction [Line Items]
Total cash from (used for) operating activities-continuing operations	1,598	1,313
Total cash from (used for) investing activities-continuing operations	(1,760)	(1,643)
Total cash from (used for) financing activities-continuing operations	162	330
GE and GE Capital totals | GE Capital | GE Capital dividends to GE
Related Party Transaction [Line Items]
Total cash from (used for) operating activities-continuing operations	(4,016)	(11,000)
Total cash from (used for) financing activities-continuing operations	4,016	11,000
GE and GE Capital totals | GE Capital | GE Capital long-term loans to GE
Related Party Transaction [Line Items]
Total cash from (used for) investing activities-continuing operations	4,075	0
Total cash from (used for) financing activities-continuing operations	(4,075)	0
GE and GE Capital totals | GE Capital | GE Capital short-term loan to GE
Related Party Transaction [Line Items]
Total cash from (used for) investing activities-continuing operations	(1,329)	5,002
Total cash from (used for) financing activities-continuing operations	1,329	(5,002)
Other reclassifications and eliminations
Related Party Transaction [Line Items]
Total cash from (used for) operating activities-continuing operations	258	494
Total cash from (used for) investing activities-continuing operations	(76)	(441)
Total cash from (used for) financing activities-continuing operations	$ (182)	$ (52)

GUARANTOR FINANCIAL INFORMAT103

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Earnings (Loss) and Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues and other income
Sales of goods and services	$ 27,239	$ 28,028	$ 52,467	$ 53,342
Other income	298	3,150	465	3,158
Equity in earnings (loss) of affiliates	0	0	0	0
GE Capital revenues from services	2,022	2,316	4,286	4,838
Total revenues and other income	29,558	33,494	57,219	61,339
Costs and expenses
Interest and other financial charges	1,174	1,326	2,313	3,062
Other costs and expenses	26,870	28,344	52,560	54,214
Total costs and expenses	28,044	29,670	54,872	57,276
Earnings (loss) from continuing operations before income taxes	1,515	3,824	2,346	4,063
Benefit (provision) for income taxes	(15)	(461)	(31)	(284)
Earnings (loss) from continuing operations	1,499	3,363	2,315	3,779
Earnings (loss) from discontinued operations, net of taxes	(146)	(541)	(385)	(849)
Net earnings (loss)	1,354	2,823	1,931	2,930
Less net earnings (loss) attributable to noncontrolling interests	(14)	(86)	(90)	(207)
Net earnings (loss) attributable to the Company	1,367	2,908	2,020	3,137
Other comprehensive income (loss)	1,317	807	3,144	1,631
Comprehensive income (loss) attributable to the Company	2,685	3,715	5,164	4,767
Reportable Legal Entities | Parent Company Guarantor
Revenues and other income
Sales of goods and services	8,080	10,664	16,872	20,676
Other income	27,632	(264)	27,686	(38)
Equity in earnings (loss) of affiliates	(25,246)	5,228	(22,802)	6,135
GE Capital revenues from services	0	0	0	0
Total revenues and other income	10,467	15,628	21,756	26,774
Costs and expenses
Interest and other financial charges	767	851	1,677	1,662
Other costs and expenses	8,557	11,601	18,186	22,057
Total costs and expenses	9,324	12,453	19,862	23,719
Earnings (loss) from continuing operations before income taxes	1,143	3,175	1,894	3,055
Benefit (provision) for income taxes	370	312	514	931
Earnings (loss) from continuing operations	1,513	3,486	2,408	3,986
Earnings (loss) from discontinued operations, net of taxes	(146)	(541)	(388)	(849)
Net earnings (loss)	1,367	2,946	2,020	3,137
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings (loss) attributable to the Company	1,367	2,946	2,020	3,137
Other comprehensive income (loss)	1,317	807	3,144	1,631
Comprehensive income (loss) attributable to the Company	2,685	3,753	5,164	4,767
Reportable Legal Entities | Subsidiary Issuer
Revenues and other income
Sales of goods and services	0	0	0	0
Other income	0	0	0	0
Equity in earnings (loss) of affiliates	0	0	0	0
GE Capital revenues from services	173	200	329	596
Total revenues and other income	173	200	329	596
Costs and expenses
Interest and other financial charges	159	175	309	547
Other costs and expenses	0	0	0	0
Total costs and expenses	159	175	309	548
Earnings (loss) from continuing operations before income taxes	14	25	20	48
Benefit (provision) for income taxes	(2)	(3)	(2)	(6)
Earnings (loss) from continuing operations	12	22	17	42
Earnings (loss) from discontinued operations, net of taxes	0	0	0	0
Net earnings (loss)	12	22	17	42
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings (loss) attributable to the Company	12	22	17	42
Other comprehensive income (loss)	0	0	0	(12)
Comprehensive income (loss) attributable to the Company	12	22	17	30
Reportable Legal Entities | Subsidiary Guarantor
Revenues and other income
Sales of goods and services	0	0	0	0
Other income	0	0	0	0
Equity in earnings (loss) of affiliates	450	(5)	692	665
GE Capital revenues from services	188	722	374	1,019
Total revenues and other income	638	717	1,066	1,683
Costs and expenses
Interest and other financial charges	489	677	943	1,608
Other costs and expenses	9	19	22	55
Total costs and expenses	497	695	965	1,663
Earnings (loss) from continuing operations before income taxes	141	21	101	20
Benefit (provision) for income taxes	0	(43)	115	(46)
Earnings (loss) from continuing operations	141	(22)	215	(26)
Earnings (loss) from discontinued operations, net of taxes	(5)	(521)	278	(996)
Net earnings (loss)	136	(542)	493	(1,022)
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings (loss) attributable to the Company	136	(542)	493	(1,022)
Other comprehensive income (loss)	32	246	649	63
Comprehensive income (loss) attributable to the Company	168	(297)	1,142	(958)
Reportable Legal Entities | Non- Guarantor Subsidiaries
Revenues and other income
Sales of goods and services	37,615	38,202	73,705	71,961
Other income	28,005	16,043	32,625	19,484
Equity in earnings (loss) of affiliates	13,982	15,305	50,664	28,928
GE Capital revenues from services	2,589	1,760	4,859	6,344
Total revenues and other income	82,191	71,310	161,853	126,717
Costs and expenses
Interest and other financial charges	1,221	1,412	2,303	3,171
Other costs and expenses	37,570	38,786	73,511	74,624
Total costs and expenses	38,791	40,198	75,814	77,795
Earnings (loss) from continuing operations before income taxes	43,400	31,111	86,039	48,922
Benefit (provision) for income taxes	(230)	(473)	(699)	(958)
Earnings (loss) from continuing operations	43,170	30,639	85,341	47,964
Earnings (loss) from discontinued operations, net of taxes	3	600	3	174
Net earnings (loss)	43,172	31,239	85,344	48,138
Less net earnings (loss) attributable to noncontrolling interests	16	(66)	(32)	(91)
Net earnings (loss) attributable to the Company	43,156	31,305	85,376	48,230
Other comprehensive income (loss)	(25,537)	579	(26,994)	847
Comprehensive income (loss) attributable to the Company	17,619	31,884	58,382	49,076
Consolidating Adjustments
Revenues and other income
Sales of goods and services	(18,456)	(20,838)	(38,110)	(39,295)
Other income	(55,339)	(12,629)	(59,845)	(16,288)
Equity in earnings (loss) of affiliates	10,813	(20,528)	(28,555)	(35,728)
GE Capital revenues from services	(928)	(365)	(1,275)	(3,121)
Total revenues and other income	(63,910)	(54,359)	(127,786)	(94,431)
Costs and expenses
Interest and other financial charges	(1,463)	(1,790)	(2,920)	(3,927)
Other costs and expenses	(19,265)	(22,062)	(39,159)	(42,522)
Total costs and expenses	(20,728)	(23,852)	(42,078)	(46,449)
Earnings (loss) from continuing operations before income taxes	(43,183)	(30,508)	(85,707)	(47,983)
Benefit (provision) for income taxes	(154)	(254)	41	(205)
Earnings (loss) from continuing operations	(43,336)	(30,762)	(85,666)	(48,187)
Earnings (loss) from discontinued operations, net of taxes	2	(80)	(278)	821
Net earnings (loss)	(43,334)	(30,841)	(85,944)	(47,366)
Less net earnings (loss) attributable to noncontrolling interests	(30)	(20)	(57)	(116)
Net earnings (loss) attributable to the Company	(43,304)	(30,822)	(85,887)	(47,250)
Other comprehensive income (loss)	25,505	(825)	26,345	(898)
Comprehensive income (loss) attributable to the Company	$ (17,799)	$ (31,646)	$ (59,542)	$ (48,148)

GUARANTOR FINANCIAL INFORMAT104

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Financial Position (Details) - USD ($) $ in Millions		Jun. 30, 2017		Mar. 31, 2017	Dec. 31, 2016		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and equivalents		$ 44,049			$ 48,129
Investment securities		39,968			44,313
Receivables - net		39,753			42,263
Inventories		22,843			22,354
Property, plant and equipment - net		50,167			50,518
Investment in subsidiaries		0			0
Goodwill and intangible assets		89,264			86,875
All other assets		61,579			55,917
Assets of discontinued operations		7,850			14,815
Total assets	[1]	355,473			365,183
Liabilities and equity
Short-term borrowings		30,044			30,714
Accounts payable		13,283			14,435
Other current liabilities		36,007			36,431
Long-term and non-recourse borrowings		104,359			105,496
All other liabilities		91,894			93,434
Liabilities of discontinued operations	[1]	911			4,158
Total Liabilities		276,498			284,668
Redeemable noncontrolling interests		3,193		$ 3,054	3,025		$ 3,070	$ 3,036	$ 2,972
GE shareowners' equity		74,148	[2]		75,828	[2]	84,991		98,274
Noncontrolling interests		1,634	[3]	$ 1,639	1,663	[3]	1,693	$ 1,667	$ 1,864
Total equity		75,783			77,491		$ 86,684
Total liabilities, redeemable noncontrolling interests and equity		355,473			365,183
Subsidiary Guarantor | Subsidiaries of the Subsidiary Guarantor
Liabilities and equity
Cash and cash equivalent balances within subsidiaries		21,419			28,516
Net assets of discontinued operations		3,711			6,012
Reportable Legal Entities | Parent Company Guarantor
Assets
Cash and equivalents		4,420			2,558
Investment securities		1			1
Receivables - net		54,549			63,620
Inventories		5,265			4,654
Property, plant and equipment - net		5,891			5,768
Investment in subsidiaries		284,471			272,685
Goodwill and intangible assets		7,207			8,128
All other assets		15,238			14,692
Assets of discontinued operations		0			0
Total assets		377,041			372,107
Liabilities and equity
Short-term borrowings		177,190			167,089
Accounts payable		(1,380)			5,412
Other current liabilities		11,732			11,072
Long-term and non-recourse borrowings		71,784			68,983
All other liabilities		43,567			43,722
Liabilities of discontinued operations		0			0
Total Liabilities		302,893			296,279
Redeemable noncontrolling interests		0			0
GE shareowners' equity		74,148			75,828
Noncontrolling interests		0			0
Total equity		74,148			75,828
Total liabilities, redeemable noncontrolling interests and equity		377,041			372,107
Reportable Legal Entities | Subsidiary Issuer
Assets
Cash and equivalents		0			0
Investment securities		0			0
Receivables - net		17,233			17,157
Inventories		0			0
Property, plant and equipment - net		0			0
Investment in subsidiaries		0			0
Goodwill and intangible assets		0			0
All other assets		44			44
Assets of discontinued operations		0			0
Total assets		17,278			17,202
Liabilities and equity
Short-term borrowings		0			1
Accounts payable		0			0
Other current liabilities		34			33
Long-term and non-recourse borrowings		16,703			16,486
All other liabilities		352			511
Liabilities of discontinued operations		0			0
Total Liabilities		17,089			17,030
Redeemable noncontrolling interests		0			0
GE shareowners' equity		189			171
Noncontrolling interests		0			0
Total equity		189			171
Total liabilities, redeemable noncontrolling interests and equity		17,278			17,202
Reportable Legal Entities | Subsidiary Guarantor
Assets
Cash and equivalents		3			3
Investment securities		0			0
Receivables - net		31,020			30,470
Inventories		0			0
Property, plant and equipment - net		0			0
Investment in subsidiaries		80,491			80,481
Goodwill and intangible assets		0			0
All other assets		79			39
Assets of discontinued operations		0			0
Total assets		111,593			110,992
Liabilities and equity
Short-term borrowings		45,994			46,432
Accounts payable		0			0
Other current liabilities		3			117
Long-term and non-recourse borrowings		34,601			34,389
All other liabilities		279			481
Liabilities of discontinued operations		0			0
Total Liabilities		80,878			81,419
Redeemable noncontrolling interests		0			0
GE shareowners' equity		30,716			29,573
Noncontrolling interests		0			0
Total equity		30,716			29,573
Total liabilities, redeemable noncontrolling interests and equity		111,593			110,992
Reportable Legal Entities | Non- Guarantor Subsidiaries
Assets
Cash and equivalents		40,174			46,994
Investment securities		42,065			47,394
Receivables - net		80,421			79,401
Inventories		22,111			21,076
Property, plant and equipment - net		46,284			46,366
Investment in subsidiaries		472,477			492,674
Goodwill and intangible assets		50,518			42,074
All other assets		205,041			201,276
Assets of discontinued operations		0			0
Total assets		959,089			977,255
Liabilities and equity
Short-term borrowings		25,300			25,919
Accounts payable		56,038			47,366
Other current liabilities		24,489			25,095
Long-term and non-recourse borrowings		53,234			68,912
All other liabilities		55,363			58,376
Liabilities of discontinued operations		0			0
Total Liabilities		214,424			225,667
Redeemable noncontrolling interests		2,433			2,223
GE shareowners' equity		740,746			747,719
Noncontrolling interests		1,486			1,647
Total equity		742,232			749,366
Total liabilities, redeemable noncontrolling interests and equity		959,089			977,255
Consolidating Adjustments
Assets
Cash and equivalents		(547)			(1,426)
Investment securities		(2,098)			(3,082)
Receivables - net		(143,470)			(148,385)
Inventories		(4,533)			(3,377)
Property, plant and equipment - net		(2,007)			(1,615)
Investment in subsidiaries		(837,439)			(845,840)
Goodwill and intangible assets		31,539			36,673
All other assets		(158,823)			(160,134)
Assets of discontinued operations		7,850			14,815
Total assets		(1,109,528)			(1,112,372)
Liabilities and equity
Short-term borrowings		(218,441)			(208,727)
Accounts payable		(41,375)			(38,343)
Other current liabilities		(251)			114
Long-term and non-recourse borrowings		(71,963)			(83,273)
All other liabilities		(7,667)			(9,656)
Liabilities of discontinued operations		911			4,158
Total Liabilities		(338,786)			(335,727)
Redeemable noncontrolling interests		760			802
GE shareowners' equity		(771,651)			(777,463)
Noncontrolling interests		148			16
Total equity		(771,503)			(777,447)
Total liabilities, redeemable noncontrolling interests and equity		$ (1,109,528)			$ (1,112,372)
[1]	Our consolidated assets at June 30, 2017 included total assets of $5,851 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets included current receivables and net financing receivables of $1,445 million and investment securities of $1,004 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at June 30, 2017 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $(682) million within continuing operations. See Note 17.
[2]	The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(15,454) million and $(18,598) million at June 30, 2017 and December 31, 2016, respectively.
[3]	Included AOCI attributable to noncontrolling interests of $(271) million and $(278) million at June 30, 2017 and December 31, 2016, respectively.

GUARANTOR FINANCIAL INFORMAT105

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	$ 3,389	$ 2,014
Cash from (used for) operating activities - discontinued operations	(895)	(4,849)
Cash from (used for) operating activities	2,494	(2,835)
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	4,083	42,414
Cash from (used for) investing activities – continuing operations	(1,922)	(10,646)
Cash from (used for) investing activities	2,161	31,768
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(12,089)	(62,763)
Cash from (used for) financing activities – discontinued operations	1,909	(711)
Cash from (used for) financing activities	(10,181)	(63,474)
Effect of currency exchange rate changes on cash and equivalents	538	(24)
Increase (decrease) in cash and equivalents	(4,988)	(34,565)
Cash and equivalents at beginning of year	49,558	90,878
Cash and equivalents at June 30	44,571	56,313
Less cash and equivalents of discontinued operations at June 30	522	4,190
Cash and equivalents of continuing operations at June 30	44,049	52,123
Reportable Legal Entities
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	5,549	11,207
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	3,173	39,495
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(13,339)	(69,038)
Reportable Legal Entities | Parent Company Guarantor
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	12,674	(21,014)
Cash from (used for) operating activities - discontinued operations	(388)	(849)
Cash from (used for) operating activities	12,286	(21,863)
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	(26,871)	17,416
Cash from (used for) investing activities – continuing operations	0	0
Cash from (used for) investing activities	(26,871)	17,416
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	16,446	3,174
Cash from (used for) financing activities – discontinued operations	0	0
Cash from (used for) financing activities	16,446	3,174
Effect of currency exchange rate changes on cash and equivalents	0	0
Increase (decrease) in cash and equivalents	1,861	(1,274)
Cash and equivalents at beginning of year	2,558	4,137
Cash and equivalents at June 30	4,420	2,863
Less cash and equivalents of discontinued operations at June 30	0	0
Cash and equivalents of continuing operations at June 30	4,420	2,863
Reportable Legal Entities | Subsidiary Issuer
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	25	182
Cash from (used for) operating activities - discontinued operations	0	0
Cash from (used for) operating activities	25	182
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	(25)	16,084
Cash from (used for) investing activities – continuing operations	0	0
Cash from (used for) investing activities	(25)	16,084
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	0	(16,265)
Cash from (used for) financing activities – discontinued operations	0	0
Cash from (used for) financing activities	0	(16,265)
Effect of currency exchange rate changes on cash and equivalents	0	0
Increase (decrease) in cash and equivalents	0	0
Cash and equivalents at beginning of year	0	0
Cash and equivalents at June 30	0	0
Less cash and equivalents of discontinued operations at June 30	0	0
Cash and equivalents of continuing operations at June 30	0	0
Reportable Legal Entities | Subsidiary Guarantor
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	225	1,032
Cash from (used for) operating activities - discontinued operations	0	(996)
Cash from (used for) operating activities	225	37
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	608	7,995
Cash from (used for) investing activities – continuing operations	0	0
Cash from (used for) investing activities	608	7,995
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(833)	(7,995)
Cash from (used for) financing activities – discontinued operations	0	0
Cash from (used for) financing activities	(833)	(7,995)
Effect of currency exchange rate changes on cash and equivalents	0	0
Increase (decrease) in cash and equivalents	0	37
Cash and equivalents at beginning of year	3	0
Cash and equivalents at June 30	3	37
Less cash and equivalents of discontinued operations at June 30	0	0
Cash and equivalents of continuing operations at June 30	3	37
Reportable Legal Entities | Non- Guarantor Subsidiaries
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	113,799	10,275
Cash from (used for) operating activities - discontinued operations	(507)	(3,826)
Cash from (used for) operating activities	113,292	6,449
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	(60,997)	97,631
Cash from (used for) investing activities – continuing operations	(1,922)	(10,646)
Cash from (used for) investing activities	(62,919)	86,985
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(60,547)	(142,451)
Cash from (used for) financing activities – discontinued operations	1,909	(711)
Cash from (used for) financing activities	(58,639)	(143,162)
Effect of currency exchange rate changes on cash and equivalents	538	(24)
Increase (decrease) in cash and equivalents	(7,728)	(49,752)
Cash and equivalents at beginning of year	48,423	107,350
Cash and equivalents at June 30	40,696	57,598
Less cash and equivalents of discontinued operations at June 30	522	4,190
Cash and equivalents of continuing operations at June 30	40,174	53,408
Consolidating Adjustments
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	(123,335)	11,539
Cash from (used for) operating activities - discontinued operations	0	821
Cash from (used for) operating activities	(123,335)	12,361
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	91,369	(96,712)
Cash from (used for) investing activities – continuing operations	0	0
Cash from (used for) investing activities	91,369	(96,712)
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	32,845	100,775
Cash from (used for) financing activities – discontinued operations	0	0
Cash from (used for) financing activities	32,845	100,775
Effect of currency exchange rate changes on cash and equivalents	0	0
Increase (decrease) in cash and equivalents	879	16,424
Cash and equivalents at beginning of year	(1,426)	(20,609)
Cash and equivalents at June 30	(547)	(4,185)
Less cash and equivalents of discontinued operations at June 30	0	0
Cash and equivalents of continuing operations at June 30	$ (547)	$ (4,185)

SUPPLEMENTAL INFORMATION - Sche

SUPPLEMENTAL INFORMATION - Schedule of Certain Supplemental Information Related to Cash Flows (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
All other operating activities
All other operating activities	$ (2,190)	$ (5,040)
Net dispositions (purchases) of GE shares for treasury
Net dispositions (purchases) of GE shares for treasury	(2,732)	(14,292)
GE
All other operating activities
(Gains) losses on purchases and sales of business interests	(42)	(3,140)
Contract assets (net)	(3,202)	(2,431)
Income taxes	(709)	(1,184)
Interest charges	353	182
Principal pension plans	1,542	1,680
Other	(1,122)	(114)
All other operating activities	(3,180)	(5,007)
Net dispositions (purchases) of GE shares for treasury
Open market purchases under share repurchase program	(3,344)	(14,244)
Other purchases	0	(776)
Dispositions	612	726
Net dispositions (purchases) of GE shares for treasury	(2,732)	(14,292)
Current tax expense (benefit)	583	500
Net cash paid for income taxes	(1,292)	(1,684)
Interest expense	1,200	1,007
Cash paid for interest	(848)	(825)
Pension costs	1,869	1,780
Employer contributions	$ (327)	$ (100)

SUPPLEMENTAL INFORMATION - S107

SUPPLEMENTAL INFORMATION - Schedule of Fair Value of Derivatives, Assets (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Offsetting Assets [Line Items]
Assets	$ 4,077,000,000	$ 5,467,000,000
Gross accrued interest	470,000,000	768,000,000
Gross derivatives recognized in statement of financial position	4,547,000,000	6,234,000,000
Amounts offset in statement of financial position
Netting adjustments	(1,606,000,000)	(3,097,000,000)
Cash collateral	(2,059,000,000)	(2,025,000,000)
Amounts offset in statement of financial position	(3,665,000,000)	(5,121,000,000)
Net derivatives	882,000,000	1,113,000,000
Securities held as collateral	(432,000,000)	(442,000,000)
Net amount	450,000,000	671,000,000
Cumulative adjustment for non-performance risk	(1,000,000)	(3,000,000)
Excluded excess cash collateral received	284,000,000	6,000,000
Excluded excess cash collateral posted	142,000,000	177,000,000
Excluded excess securities collateral received	68,000,000	0
Derivatives accounted for as hedges
Offsetting Assets [Line Items]
Assets	2,790,000,000	3,508,000,000
Derivatives accounted for as hedges | Interest rate contracts
Offsetting Assets [Line Items]
Assets	2,728,000,000	3,106,000,000
Derivatives accounted for as hedges | Currency exchange contracts
Offsetting Assets [Line Items]
Assets	62,000,000	402,000,000
Derivatives accounted for as hedges | Other contracts
Offsetting Assets [Line Items]
Assets	0	0
Derivatives not accounted for as hedges
Offsetting Assets [Line Items]
Assets	1,287,000,000	1,958,000,000
Derivatives not accounted for as hedges | Interest rate contracts
Offsetting Assets [Line Items]
Assets	58,000,000	62,000,000
Derivatives not accounted for as hedges | Currency exchange contracts
Offsetting Assets [Line Items]
Assets	1,132,000,000	1,778,000,000
Derivatives not accounted for as hedges | Other contracts
Offsetting Assets [Line Items]
Assets	$ 97,000,000	$ 119,000,000

SUPPLEMENTAL INFORMATION - S108

SUPPLEMENTAL INFORMATION - Schedule of Fair Value of Derivatives, Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Offsetting Liabilities [Line Items]
Liabilities	$ 2,511	$ 4,883
Gross accrued interest	(13)	(24)
Gross derivatives recognized in statement of financial position	2,497	4,859
Amounts offset in statement of financial position
Netting adjustments	(1,605)	(3,094)
Cash collateral	(462)	(1,355)
Amounts offset in statement of financial position	(2,066)	(4,449)
Net derivatives	431	410
Securities held as collateral	0	0
Net amount	431	410
Derivatives accounted for as hedges
Offsetting Liabilities [Line Items]
Liabilities	269	834
Derivatives accounted for as hedges | Other contracts
Offsetting Liabilities [Line Items]
Liabilities	0	0
Derivatives accounted for as hedges | Interest rate contracts
Offsetting Liabilities [Line Items]
Liabilities	109	210
Derivatives accounted for as hedges | Currency exchange contracts
Offsetting Liabilities [Line Items]
Liabilities	160	624
Derivatives not accounted for as hedges
Offsetting Liabilities [Line Items]
Liabilities	2,242	4,048
Derivatives not accounted for as hedges | Other contracts
Offsetting Liabilities [Line Items]
Liabilities	34	17
Derivatives not accounted for as hedges | Interest rate contracts
Offsetting Liabilities [Line Items]
Liabilities	10	20
Derivatives not accounted for as hedges | Currency exchange contracts
Offsetting Liabilities [Line Items]
Liabilities	$ 2,199	$ 4,011

SUPPLEMENTAL INFORMATION - S109

SUPPLEMENTAL INFORMATION - Schedule of Cash Flow Hedge Activity (Details) - Cash Flow Hedges - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	$ (34)	$ (12)	$ (56)	$ 45
Gain (loss) reclassified from AOCI into earnings	65	14	64	(71)
Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	34	12	56	(45)
Gain (loss) reclassified from AOCI into earnings	65	14	64	(71)
Hedges | Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	3	12	2	31
Gain (loss) reclassified from AOCI into earnings	(6)	(26)	(15)	(55)
Hedges | Currency exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	32	1	54	(77)
Gain (loss) reclassified from AOCI into earnings	71	40	79	(13)
Hedges | Commodity contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	(2)	(1)	0	0
Gain (loss) reclassified from AOCI into earnings	$ 0	$ (1)	$ 0	$ (3)

SUPPLEMENTAL INFORMATION - Narr

SUPPLEMENTAL INFORMATION - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Loss expected to be transfered to earnings as an expense	$ 18
Maximum term of derivative instruments that hedge forecasted transactions	15 years	16 years
Fair value of collateral	$ 2,491
Fair value of cash collateral	2,059		$ 2,025
Fair value of collateral in the form of securities	432		$ 442
Fair value of collateral posted	462
Exposure to counterparties (including accrued interest), net of collateral held	320
Net amount of derivative liability	367
Amounts Offset In Statement Of Financial Position
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value of cash collateral	2,059
Cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Pre-tax amount in AOCI related to cash flow hedges of forecasted transactions	$ 41

SEGMENT OPERATIONS (Details)

SEGMENT OPERATIONS (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017		Jun. 30, 2016
Segment Reporting Information [Line Items]
Revenues		$ 29,558	$ 33,494	$ 57,219		$ 61,339
Revenues, V%		(12.00%)		(7.00%)
Corporate items and eliminations		$ 1,515	3,824	$ 2,346		4,063
GE interest and other financial charges		(1,174)	(1,326)	(2,313)		(3,062)
GE provision for income taxes		(15)	(461)	(31)		(284)
Earnings (loss) from continuing operations attributable to the Company		1,520	3,452	2,412		3,989
Earnings (loss) from discontinued operations, net of taxes		$ (146)	(541)	$ (385)		(849)
Earnings (loss) from discontinued operations, net of taxes, V%		73.00%		55.00%
Less net earnings attributable to noncontrolling interests, discontinued operations		$ 7	3	$ 7		3
Earnings (loss) from discontinued operations, net of tax and noncontrolling interest		(146)	(541)	(385)		(849)
Net earnings (loss) attributable to GE common shareowners		1,185	2,756	1,804		2,695
Operating Segments
Segment Reporting Information [Line Items]
Revenues		$ 30,493	31,401	$ 59,190		60,155
Revenues, V%		(3.00%)		(2.00%)
Segment profit (loss)		$ 3,775	3,523	$ 7,349		5,944
Segment profit (loss), V%		7.00%		24.00%
Operating Segments | Total industrial segment revenues
Segment Reporting Information [Line Items]
Revenues		$ 28,047	28,630	$ 54,063		54,499
Revenues, V%		(2.00%)		(1.00%)
Segment profit (loss)		$ 3,947	4,122	$ 7,568		7,437
Segment profit (loss), V%		(4.00%)		2.00%
Operating Segments | Power
Segment Reporting Information [Line Items]
Revenues		$ 6,969	6,639	$ 13,058		11,843
Revenues, V%		5.00%		10.00%
Segment profit (loss)		$ 1,031	1,140	$ 1,827		1,714
Segment profit (loss), V%		(10.00%)		7.00%
Operating Segments | Renewable Energy
Segment Reporting Information [Line Items]
Revenues		$ 2,457	2,094	$ 4,501		3,763
Revenues, V%		17.00%		20.00%
Segment profit (loss)		$ 160	128	$ 267		211
Segment profit (loss), V%		25.00%		27.00%
Operating Segments | Oil & Gas
Segment Reporting Information [Line Items]
Revenues		$ 3,108	3,219	$ 6,110		6,533
Revenues, V%		(3.00%)		(6.00%)
Segment profit (loss)		$ 155	320	$ 361		628
Segment profit (loss), V%		(52.00%)		(43.00%)
Operating Segments | Aviation
Segment Reporting Information [Line Items]
Revenues		$ 6,532	6,511	$ 13,336		12,774
Revenues, V%		0.00%		4.00%
Segment profit (loss)		$ 1,492	1,348	$ 3,176		2,872
Segment profit (loss), V%		11.00%		11.00%
Operating Segments | Healthcare
Segment Reporting Information [Line Items]
Revenues		$ 4,700	4,525	$ 8,990		8,708
Revenues, V%		4.00%		3.00%
Segment profit (loss)		$ 826	782	$ 1,469		1,413
Segment profit (loss), V%		6.00%		4.00%
Operating Segments | Transportation
Segment Reporting Information [Line Items]
Revenues		$ 1,071	1,240	$ 2,110		2,222
Revenues, V%		(14.00%)		(5.00%)
Segment profit (loss)		$ 203	273	$ 359		437
Segment profit (loss), V%		(26.00%)		(18.00%)
Operating Segments | Energy Connections & Lighting
Segment Reporting Information [Line Items]
Revenues		$ 3,210	4,401	$ 5,957		8,657
Revenues, V%		(27.00%)		(31.00%)
Segment profit (loss)		$ 80	131	$ 109		162
Segment profit (loss), V%		(39.00%)		(33.00%)
Operating Segments | Capital
Segment Reporting Information [Line Items]
Revenues		$ 2,446	2,771	$ 5,127		5,656
Revenues, V%		(12.00%)		(9.00%)
Segment profit (loss)		$ (172)	(600)	$ (219)		(1,492)
Segment profit (loss), V%		71.00%		85.00%
Corporate items and eliminations
Segment Reporting Information [Line Items]
Revenues		$ (935)	2,093	$ (1,972)		1,184
Corporate items and eliminations		(1,583)	974	(3,592)		(597)
Segment Reconciling Items
Segment Reporting Information [Line Items]
GE interest and other financial charges		(637)	(567)	(1,200)		(1,007)
GE provision for income taxes		(218)	(629)	(361)		(793)
GE
Segment Reporting Information [Line Items]
Revenues	[1]	$ 27,421	30,604	$ 52,902		55,210
Segment profit (loss), V%		(59.00%)		(38.00%)
Corporate items and eliminations	[1]	$ 1,538	3,847	$ 2,461		4,141
GE interest and other financial charges	[1]	(637)	(567)	(1,200)		(1,007)
GE provision for income taxes	[1]	(218)	(629)	(361)		(793)
Earnings (loss) from continuing operations attributable to the Company	[1]	1,338	3,300	2,196		3,548
Earnings (loss) from discontinued operations, net of taxes	[1]	(152)	(544)	(392)		(852)
Less net earnings attributable to noncontrolling interests, discontinued operations	[1]	0	0	0		0
Earnings (loss) from discontinued operations, net of tax and noncontrolling interest	[1]	$ (152)	(544)	$ (392)	[2]	(852)	[2]
Earnings (loss) from discontinued operations, net of tax and noncontrolling interest, V%		72.00%		54.00%
Net earnings (loss) attributable to GE common shareowners	[1]	$ 1,185	$ 2,756	$ 1,804		$ 2,695
Consolidated net earnings (loss) attributable to the GE common shareowners, V%		(57.00%)		(33.00%)
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[2]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis.