General Electric (GE) 10-Q 30 Oct 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information shares in Thousands	9 Months Ended
	Sep. 30, 2017shares
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Sep. 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	8,672,085
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,017

STATEMENT OF EARNINGS (LOSS)

STATEMENT OF EARNINGS (LOSS) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017		Sep. 30, 2016
Revenues and other income
Sales of goods		$ 19,386	$ 18,553	$ 54,562		$ 54,626
Sales of services		10,043	8,261	27,333		25,530
Other income		2,146	227	2,611		3,385
GE Capital earnings (loss) from continuing operations		0	0	0		0
GE Capital revenues from services		1,898	2,224	6,184		7,063
Total revenues and other income (loss)		33,472	29,266	90,691		90,604
Costs and expenses
Cost of goods sold		16,815	15,255	46,805		45,533
Cost of services sold		7,279	5,711	19,441		18,177
Selling, general and administrative expenses		4,855	4,343	13,649		13,833
Interest and other financial charges		1,232	961	3,545		4,023
Investment contracts, insurance losses and insurance annuity benefits		617	684	1,908		2,101
Other costs and expenses		1,208	238	1,531		801
Total costs and expenses		32,006	27,191	86,879		84,467
Earnings (loss) from continuing operations before income taxes		1,466	2,074	3,812		6,137
Benefit (provision) for income taxes		334	(18)	303		(302)
Earnings (loss) from continuing operations		1,800	2,056	4,115		5,835
Earnings (loss) from discontinued operations, net of taxes		(106)	(105)	(490)		(954)
Net earnings (loss)		1,694	1,951	3,624		4,881
Less net earnings (loss) attributable to noncontrolling interests		(142)	(76)	(231)		(283)
Net earnings (loss) attributable to the Company		1,836	2,027	3,856		5,164
Preferred stock dividends		(36)	(33)	(252)		(474)
Net earnings (loss) attributable to GE common shareowners		1,800	1,994	3,604		4,689
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations		1,800	2,056	4,115		5,835
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		(141)	(74)	(238)		(285)
Earnings (loss) from continuing operations attributable to the Company		1,941	2,131	4,352		6,120
Preferred stock dividends		(36)	(33)	(252)		(474)
Earnings (loss) from continuing operations attributable to GE common shareowners		1,905	2,097	4,101		5,645
Earnings (loss) from discontinued operations, net of taxes		(106)	(105)	(490)		(954)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		(1)	(2)	6		2
Net earnings (loss) attributable to GE common shareowners		$ 1,800	$ 1,994	$ 3,604		$ 4,689
Earnings (loss) from continuing operations
Diluted earnings (loss) per share (in dollars per share)		$ 0.22	$ 0.23	$ 0.47		$ 0.61
Basic earnings (loss) per share (in dollars per share)		0.22	0.24	0.47		0.62
Net earnings (loss)
Diluted earnings (loss) per share (in dollars per share)		0.21	0.22	0.41		0.51
Basic earnings (loss) per share (in dollars per share)		0.21	0.22	0.41		0.51
Dividends declared per common share (in dollars per share)		$ 0.24	$ 0.23	$ 0.72		$ 0.69
GE
Revenues and other income
Sales of goods	[1]	$ 19,358	$ 18,621	$ 54,622		$ 54,745
Sales of services	[1]	10,080	8,313	27,501		25,745
Other income	[1]	2,141	213	2,578		3,359
GE Capital earnings (loss) from continuing operations	[1]	24	26	(195)		(1,466)
GE Capital revenues from services	[1]	0	0	0		0
Total revenues and other income (loss)	[1]	31,603	27,172	84,506		82,382
Costs and expenses
Cost of goods sold	[1]	16,796	15,329	46,888		45,669
Cost of services sold	[1]	6,725	5,216	17,934		16,725
Selling, general and administrative expenses	[1]	4,717	3,880	12,656		12,094
Interest and other financial charges	[1]	718	483	1,918		1,490
Investment contracts, insurance losses and insurance annuity benefits	[1]	0	0	0		0
Other costs and expenses	[1],[2]	947	0	947		0
Total costs and expenses	[1]	29,903	24,909	80,344		75,977
Earnings (loss) from continuing operations before income taxes	[1]	1,701	2,263	4,162		6,405
Benefit (provision) for income taxes	[1]	64	(241)	(297)		(1,034)
Earnings (loss) from continuing operations	[1]	1,765	2,022	3,865		5,370
Earnings (loss) from discontinued operations, net of taxes	[1]	(105)	(103)	(497)	[3]	(956)	[3]
Net earnings (loss)	[1]	1,660	1,918	3,368	[3]	4,414	[3]
Less net earnings (loss) attributable to noncontrolling interests	[1]	(140)	(76)	(236)	[3]	(275)	[3]
Net earnings (loss) attributable to the Company	[1]	1,800	1,994	3,604	[3]	4,689	[3]
Preferred stock dividends	[1]	0	0	0		0
Net earnings (loss) attributable to GE common shareowners	[1]	1,800	1,994	3,604		4,689
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations	[1]	1,765	2,022	3,865		5,370
Less net earnings (loss) attributable to noncontrolling interests, continuing operations	[1]	(140)	(76)	(236)		(275)
Earnings (loss) from continuing operations attributable to the Company	[1]	1,905	2,097	4,101		5,645
Preferred stock dividends	[1]	0	0	0		0
Earnings (loss) from continuing operations attributable to GE common shareowners	[1]	1,905	2,097	4,101		5,645
Earnings (loss) from discontinued operations, net of taxes	[1]	(105)	(103)	(497)	[3]	(956)	[3]
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations	[1]	0	0	0		0
Net earnings (loss) attributable to GE common shareowners	[1]	1,800	1,994	3,604		4,689
Financial Services (GE Capital)
Revenues and other income
Sales of goods		39	34	101		88
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		2,359	2,566	7,424		8,168
Total revenues and other income (loss)		2,397	2,600	7,525		8,256
Costs and expenses
Cost of goods sold		30	27	79		71
Cost of services sold		592	547	1,673		1,667
Selling, general and administrative expenses		285	631	1,358		2,238
Interest and other financial charges		790	617	2,373		3,006
Investment contracts, insurance losses and insurance annuity benefits		640	700	1,958		2,186
Other costs and expenses	[2]	271	241	629		822
Total costs and expenses		2,608	2,763	8,070		9,990
Earnings (loss) from continuing operations before income taxes		(211)	(163)	(545)		(1,734)
Benefit (provision) for income taxes		270	223	600		732
Earnings (loss) from continuing operations		59	60	55		(1,002)
Earnings (loss) from discontinued operations, net of taxes		(106)	(105)	(494)		(954)
Net earnings (loss)		(47)	(45)	(439)		(1,956)
Less net earnings (loss) attributable to noncontrolling interests		(2)	0	5		(8)
Net earnings (loss) attributable to the Company		(46)	(45)	(443)		(1,948)
Preferred stock dividends		(36)	(33)	(252)		(474)
Net earnings (loss) attributable to GE common shareowners		(81)	(78)	(695)		(2,422)
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations		59	60	55		(1,002)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		(1)	1	(2)		(10)
Earnings (loss) from continuing operations attributable to the Company		60	59	57		(992)
Preferred stock dividends		(36)	(33)	(252)		(474)
Earnings (loss) from continuing operations attributable to GE common shareowners		24	26	(195)		(1,466)
Earnings (loss) from discontinued operations, net of taxes		(106)	(105)	(494)		(954)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		(1)	(2)	6		2
Net earnings (loss) attributable to GE common shareowners		$ (81)	$ (78)	$ (695)		$ (2,422)
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[2]	GE amount represents a goodwill impairment charge recognized in the third quarter of 2017. See Note 8 for further information.
[3]	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		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 1,694	$ 1,951	$ 3,624	$ 4,881
Less net earnings (loss) attributable to noncontrolling interests	(142)	(76)	(231)	(283)
Net earnings (loss) attributable to the Company	1,836	2,027	3,856	5,164
Other comprehensive income (loss)
Investment securities	21	97	213	715
Currency translation adjustments	513	(194)	1,854	(138)
Cash flow hedges	100	30	109	60
Benefit plans	423	548	2,032	1,481
Other comprehensive income (loss)	1,058	481	4,209	2,117
Less other comprehensive income (loss) attributable to noncontrolling interests	127	5	134	10
Other comprehensive income (loss) attributable to the Company	931	477	4,075	2,107
Comprehensive income (loss)	2,752	2,432	7,833	6,998
Less comprehensive income (loss) attributable to noncontrolling interests	(15)	(71)	(98)	(273)
Comprehensive income (loss) attributable to the Company	$ 2,766	$ 2,504	$ 7,931	$ 7,271

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	5,164
Dividends and other transactions with shareowners	(6,770)
Redemption value adjustment for redeemable noncontrolling interests	(178)
Other comprehensive income (loss) attributable to the Company	2,107
Net sales (purchases) of shares for treasury	(16,310)
Changes in other capital	(404)	[1]
Ending balance at Sep. 30, 2016	81,882
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	1,693
Net earnings (loss) attributable to the Company	2,027
Other comprehensive income (loss) attributable to the Company	477
Ending balance at Sep. 30, 2016	81,882
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	1,663
Total equity (Note 14)	83,544
Noncontrolling interests	1,663	[2]
Total equity (Note 14)	77,491
Beginning balance at Dec. 31, 2016	75,828
Increase (Decrease) in Stockholders' Equity
Net earnings (loss) attributable to the Company	3,856
Dividends and other transactions with shareowners	(6,514)
Redemption value adjustment for redeemable noncontrolling interests	(177)
Other comprehensive income (loss) attributable to the Company	4,075
Net sales (purchases) of shares for treasury	(2,161)
Changes in other capital	1,199	[1]
Ending balance at Sep. 30, 2017	76,105
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	1,634
Net earnings (loss) attributable to the Company	1,836
Other comprehensive income (loss) attributable to the Company	931
Ending balance at Sep. 30, 2017	76,105
Increase (Decrease) in Stockholders' Equity
Noncontrolling interests	17,947	[2]
Total equity (Note 14)	$ 94,052
[1]	The Baker Hughes transaction resulted in an increase to additional paid in capital of $1,131 million. See Note 8 for further information.
[2]	Included AOCI attributable to noncontrolling interests of $(144) million and $(278) million at September 30, 2017 and December 31, 2016, respectively.

CONSOLIDATED STATEMENT OF CHAN5

CONSOLIDATED STATEMENT OF CHANGES IN SHAREOWNERS' EQUITY (Parenthetical) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016
Difference recorded as an increase in additional paid in capital	[1]	$ 1,199	$ (404)
BHGE Inc.
Difference recorded as an increase in additional paid in capital		$ 1,131
[1]	The Baker Hughes transaction resulted in an increase to additional paid in capital of $1,131 million. See Note 8 for further information.

STATEMENT OF FINANCIAL POSITION

STATEMENT OF FINANCIAL POSITION - USD ($) $ in Millions		Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and equivalents		$ 39,854	$ 48,129
Investment securities (Note 3)		38,696	44,313
Current receivables (Note 4)		25,026	24,076
Inventories (Note 5)		25,848	22,354
Financing receivables – net (Note 6)		12,228	12,242
Other GE Capital receivables		6,107	5,944
Property, plant and equipment – net (Note 7)		54,101	50,518
Receivable from GE Capital		0	0
Investment in GE Capital		0	0
Goodwill (Note 8)		87,068	70,438
Other intangible assets – net (Note 8)		21,435	16,436
Contract assets (Note 9)		29,809	25,162
All other assets		27,576	27,176
Deferred income taxes, assets (Note 13)		1,129	1,833
Assets of businesses held for sale (Note 2)		2,369	1,745
Assets of discontinued operations (Note 2)		6,791	14,815
Total assets	[1]	378,038	365,183
Liabilities and equity
Short-term borrowings (Note 10)		28,127	30,714
Accounts payable, principally trade accounts		14,907	14,435
Progress collections and price adjustments accrued		16,970	16,760
Dividends payable		2,093	2,107
Other GE current liabilities		17,420	17,564
Non-recourse borrowings of consolidated securitization entities (Note 10)		708	417
Long-term borrowings (Note 10)		107,557	105,080
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11)		26,597	26,086
Non-current compensation and benefits		42,423	43,780
All other liabilities		22,191	22,912
Liabilities of businesses held for sale (Note 2)		561	656
Liabilities of discontinued operations (Note 2)		990	4,158
Total Liabilities	[1]	280,544	284,668
Redeemable noncontrolling interests (Note 14)		3,441	3,025
Preferred stock (5,944,250 shares outstanding at both September 30, 2017 and December 31, 2016)		6	6
Common stock (8,672,085,000 and 8,742,614,000 shares outstanding at September 30, 2017 and December 31, 2016, respectively)		702	702
Accumulated other comprehensive income (loss) - net attributable to GE
Investment securities	[2]	887	674
Currency translation adjustments	[2]	(5,092)	(6,816)
Cash flow hedges	[2]	119	12
Benefit plans	[2]	(10,436)	(12,469)
Other capital		38,423	37,224
Retained earnings		136,696	139,532
Less common stock held in treasury		(85,199)	(83,038)
Total GE shareowners’ equity		76,105	75,828
Noncontrolling interests (Note 14)	[3]	17,947	1,663
Total equity (Note 14)		94,052	77,491
Total liabilities, redeemable noncontrolling interests and equity		378,038	365,183
GE
Assets
Cash and equivalents	[4]	12,836	10,525
Investment securities (Note 3)	[4]	384	137
Current receivables (Note 4)	[4]	14,725	12,715
Inventories (Note 5)	[4]	25,767	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]	23,740	19,103
Receivable from GE Capital	[4],[5]	42,593	58,780
Investment in GE Capital	[4]	20,856	24,677
Goodwill (Note 8)	[4]	84,698	68,070
Other intangible assets – net (Note 8)	[4]	21,170	16,131
Contract assets (Note 9)	[4]	29,809	25,162
All other assets	[4]	14,083	12,007
Deferred income taxes, assets (Note 13)	[4]	6,179	6,666
Assets of businesses held for sale (Note 2)	[4]	2,220	1,629
Assets of discontinued operations (Note 2)	[4]	0	9
Total assets	[4]	299,061	277,874
Liabilities and equity
Short-term borrowings (Note 10)	[4],[5]	18,748	20,482
Accounts payable, principally trade accounts	[4]	20,574	20,876
Progress collections and price adjustments accrued	[4]	17,139	16,838
Dividends payable	[4]	2,093	2,107
Other GE current liabilities	[4]	17,420	17,564
Non-recourse borrowings of consolidated securitization entities (Note 10)	[4]	0	0
Long-term borrowings (Note 10)	[4],[5]	65,097	58,810
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11)	[4]	0	0
Non-current compensation and benefits	[4]	41,447	42,770
All other liabilities	[4]	18,688	17,506
Liabilities of businesses held for sale (Note 2)	[4]	561	656
Liabilities of discontinued operations (Note 2)	[4]	24	35
Total Liabilities	[4]	201,791	197,644
Redeemable noncontrolling interests (Note 14)	[4]	3,441	3,025
Preferred stock (5,944,250 shares outstanding at both September 30, 2017 and December 31, 2016)	[4]	6	6
Common stock (8,672,085,000 and 8,742,614,000 shares outstanding at September 30, 2017 and December 31, 2016, respectively)	[4]	702	702
Accumulated other comprehensive income (loss) - net attributable to GE
Investment securities	[4]	887	674
Currency translation adjustments	[4]	(5,092)	(6,816)
Cash flow hedges	[4]	119	12
Benefit plans	[4]	(10,436)	(12,469)
Other capital	[4]	38,423	37,224
Retained earnings	[4]	136,696	139,532
Less common stock held in treasury	[4]	(85,199)	(83,038)
Total GE shareowners’ equity	[4]	76,105	75,828
Noncontrolling interests (Note 14)	[4]	17,723	1,378
Total equity (Note 14)	[4]	93,829	77,205
Total liabilities, redeemable noncontrolling interests and equity	[4]	299,061	277,874
Financial Services (GE Capital)
Assets
Cash and equivalents		27,019	37,604
Investment securities (Note 3)		38,415	44,180
Current receivables (Note 4)		0	0
Inventories (Note 5)		81	91
Financing receivables – net (Note 6)		24,900	26,041
Other GE Capital receivables		15,654	15,576
Property, plant and equipment – net (Note 7)		31,260	32,225
Receivable from GE Capital	[5]	0	0
Investment in GE Capital		0	0
Goodwill (Note 8)		2,370	2,368
Other intangible assets – net (Note 8)		266	305
Contract assets (Note 9)		0	0
All other assets		13,227	14,608
Deferred income taxes, liabilities (Note 13)		(5,055)	(4,833)
Assets of businesses held for sale (Note 2)		0	0
Assets of discontinued operations (Note 2)		6,791	14,806
Total assets		154,928	182,970
Liabilities and equity
Short-term borrowings (Note 10)	[5]	21,179	23,443
Accounts payable, principally trade accounts		1,883	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)		708	417
Long-term borrowings (Note 10)	[5]	75,651	93,443
Investment contracts, insurance liabilities and insurance annuity benefits (Note 11)		27,105	26,546
Non-current compensation and benefits		967	1,001
All other liabilities		5,388	7,430
Liabilities of businesses held for sale (Note 2)		0	0
Liabilities of discontinued operations (Note 2)		966	4,123
Total Liabilities		133,847	158,008
Redeemable noncontrolling interests (Note 14)		0	0
Preferred stock (5,944,250 shares outstanding at both September 30, 2017 and December 31, 2016)		6	6
Common stock (8,672,085,000 and 8,742,614,000 shares outstanding at September 30, 2017 and December 31, 2016, respectively)		0	0
Accumulated other comprehensive income (loss) - net attributable to GE
Investment securities		895	656
Currency translation adjustments		(169)	(740)
Cash flow hedges		43	43
Benefit plans		(555)	(622)
Other capital		12,773	12,669
Retained earnings		7,863	12,664
Less common stock held in treasury		0	0
Total GE shareowners’ equity		20,856	24,677
Noncontrolling interests (Note 14)		224	285
Total equity (Note 14)		21,080	24,962
Total liabilities, redeemable noncontrolling interests and equity		$ 154,928	$ 182,970
[1]	Our consolidated assets at September 30, 2017 included total assets of $6,018 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 $1,486 million and investment securities of $965 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at September 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 $(708) million within continuing operations. See Note 17.
[2]	The sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company was $(14,523) million and $(18,598) million at September 30, 2017 and December 31, 2016, respectively.
[3]	Included AOCI attributable to noncontrolling interests of $(144) million and $(278) million at September 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 POSITIO7

STATEMENT OF FINANCIAL POSITION (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, shares outstanding	5,944,250	5,944,250
Common stock, shares outstanding	8,672,085,000	8,742,614,000
Total assets of certain variable interest entities	$ 6,018
Sum of accumulated other comprehensive income (loss) (AOCI) attributable to the Company	(14,523)	$ (18,598)
AOCI attributable to noncontrolling interests	94,052	77,491
Attributable to noncontrolling interests
AOCI attributable to noncontrolling interests	(144)	$ (278)
Current receivables and net financing receivables
Total assets of certain variable interest entities	1,486
Investment securities
Total assets of certain variable interest entities	965
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	$ (708)

STATEMENT OF CASH FLOWS

STATEMENT OF CASH FLOWS - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016
Cash flows – operating activities
Net earnings (loss)		$ 3,624	$ 4,881
Less net earnings (loss) attributable to noncontrolling interests		(231)	(283)
Net earnings (loss) attributable to the Company		3,856	5,164
(Earnings) loss from discontinued operations		490	954
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment		3,715	3,641
(Earnings) loss from continuing operations retained by GE Capital		0	0
Deferred income taxes		(669)	1,244
Decrease (increase) in GE current receivables		1,737	763
Decrease (increase) in inventories		(1,454)	(2,594)
Increase (decrease) in accounts payable		(518)	(49)
Increase (decrease) in GE progress collections		(269)	78
All other operating activities	[1]	(2,881)	(5,356)
Cash from (used for) operating activities – continuing operations		4,008	3,846
Cash from (used for) operating activities – discontinued operations		(490)	(5,719)
Cash from (used for) operating activities		3,518	(1,873)
Cash flows – investing activities
Additions to property, plant and equipment		(5,071)	(5,109)
Dispositions of property, plant and equipment		3,768	3,403
Net decrease (increase) in GE Capital financing receivables		1,184	293
Proceeds from sale of discontinued operations		1,018	53,250
Proceeds from principal business dispositions		3,030	5,273
Net cash from (payments for) principal businesses purchased		(6,053)	(930)
All other investing activities	[2]	6,815	(2,621)
Cash from (used for) investing activities – continuing operations		4,692	53,559
Cash from (used for) investing activities – discontinued operations		(2,349)	(12,056)
Cash from (used for) investing activities		2,343	41,503
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)		531	(1,021)
Newly issued debt (maturities longer than 90 days)		9,337	1,178
Repayments and other debt reductions (maturities longer than 90 days)		(18,418)	(50,500)
Net dispositions (purchases) of GE shares for treasury		(2,620)	(17,969)
Dividends paid to shareowners		(6,417)	(6,611)
All other financing activities		(640)	(266)
Cash from (used for) financing activities – continuing operations		(18,228)	(75,188)
Cash from (used for) financing activities – discontinued operations		1,905	295
Cash from (used for) financing activities		(16,323)	(74,893)
Effect of currency exchange rate changes on cash and equivalents		1,253	(169)
Increase (decrease) in cash and equivalents		(9,208)	(35,432)
Cash and equivalents at beginning of year		49,558	90,878
Cash and equivalents at September 30		40,350	55,445
Less cash and equivalents of discontinued operations at September 30		496	2,915
Cash and equivalents of continuing operations at September 30		39,854	52,530
GE
Cash flows – operating activities
Net earnings (loss)	[3],[4]	3,368	4,414
Less net earnings (loss) attributable to noncontrolling interests	[3],[4]	(236)	(275)
Net earnings (loss) attributable to the Company	[3],[4]	3,604	4,689
(Earnings) loss from discontinued operations	[3],[4]	497	956
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment	[3]	1,977	1,857
(Earnings) loss from continuing operations retained by GE Capital	[3],[5]	4,211	17,518
Deferred income taxes	[3]	(401)	81
Decrease (increase) in GE current receivables	[3]	701	455
Decrease (increase) in inventories	[3]	(1,437)	(2,543)
Increase (decrease) in accounts payable	[3]	(980)	(38)
Increase (decrease) in GE progress collections	[3]	(179)	179
All other operating activities	[2],[3]	(3,942)	(4,812)
Cash from (used for) operating activities – continuing operations	[3]	4,050	18,342
Cash from (used for) operating activities – discontinued operations	[3]	0	0
Cash from (used for) operating activities	[3]	4,050	18,342
Cash flows – investing activities
Additions to property, plant and equipment	[3]	(3,051)	(2,804)
Dispositions of property, plant and equipment	[3]	825	727
Net decrease (increase) in GE Capital financing receivables	[3]	0	0
Proceeds from sale of discontinued operations	[3]	0	0
Proceeds from principal business dispositions	[3]	2,908	5,273
Net cash from (payments for) principal businesses purchased	[3]	(6,053)	(930)
All other investing activities	[2],[3]	(2,375)	(1,915)
Cash from (used for) investing activities – continuing operations	[3]	(7,745)	350
Cash from (used for) investing activities – discontinued operations	[3]	0	0
Cash from (used for) investing activities	[3]	(7,744)	351
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	[3]	170	1,732
Newly issued debt (maturities longer than 90 days)	[3]	16,214	5,180
Repayments and other debt reductions (maturities longer than 90 days)	[3]	(1,532)	(755)
Net dispositions (purchases) of GE shares for treasury	[3]	(2,620)	(17,969)
Dividends paid to shareowners	[3]	(6,269)	(6,427)
All other financing activities	[3]	(461)	(143)
Cash from (used for) financing activities – continuing operations	[3]	5,501	(18,382)
Cash from (used for) financing activities – discontinued operations	[3]	0	0
Cash from (used for) financing activities	[3]	5,501	(18,382)
Effect of currency exchange rate changes on cash and equivalents	[3]	504	(91)
Increase (decrease) in cash and equivalents	[3]	2,311	219
Cash and equivalents at beginning of year	[3]	10,525	10,372
Cash and equivalents at September 30	[3]	12,836	10,591
Less cash and equivalents of discontinued operations at September 30	[3]	0	0
Cash and equivalents of continuing operations at September 30	[3]	12,836	10,591
Financial Services (GE Capital)
Cash flows – operating activities
Net earnings (loss)		(439)	(1,956)
Less net earnings (loss) attributable to noncontrolling interests		5	(8)
Net earnings (loss) attributable to the Company		(443)	(1,948)
(Earnings) loss from discontinued operations		494	954
Adjustments to reconcile net earnings (loss) attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment		1,736	1,771
(Earnings) loss from continuing operations retained by GE Capital	[5]	0	0
Deferred income taxes		(267)	1,164
Decrease (increase) in GE current receivables		0	0
Decrease (increase) in inventories		0	(15)
Increase (decrease) in accounts payable		(97)	12
Increase (decrease) in GE progress collections		0	0
All other operating activities	[2]	632	(35)
Cash from (used for) operating activities – continuing operations		2,053	1,903
Cash from (used for) operating activities – discontinued operations		(490)	(5,719)
Cash from (used for) operating activities		1,563	(3,815)
Cash flows – investing activities
Additions to property, plant and equipment		(2,422)	(2,719)
Dispositions of property, plant and equipment		3,186	2,974
Net decrease (increase) in GE Capital financing receivables		3,242	128
Proceeds from sale of discontinued operations		1,018	53,250
Proceeds from principal business dispositions		0	0
Net cash from (payments for) principal businesses purchased		0	0
All other investing activities	[2]	3,472	(6,435)
Cash from (used for) investing activities – continuing operations		8,497	47,198
Cash from (used for) investing activities – discontinued operations		(2,349)	(12,056)
Cash from (used for) investing activities		6,147	35,142
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)		243	(1,945)
Newly issued debt (maturities longer than 90 days)		420	987
Repayments and other debt reductions (maturities longer than 90 days)		(18,215)	(49,745)
Net dispositions (purchases) of GE shares for treasury		0	0
Dividends paid to shareowners		(4,164)	(16,234)
All other financing activities		(168)	(259)
Cash from (used for) financing activities – continuing operations		(21,884)	(67,196)
Cash from (used for) financing activities – discontinued operations		1,905	295
Cash from (used for) financing activities		(19,979)	(66,900)
Effect of currency exchange rate changes on cash and equivalents		749	(78)
Increase (decrease) in cash and equivalents		(11,519)	(35,652)
Cash and equivalents at beginning of year		39,033	80,506
Cash and equivalents at September 30		27,514	44,854
Less cash and equivalents of discontinued operations at September 30		496	2,915
Cash and equivalents of continuing operations at September 30		$ 27,019	$ 41,939
[1]	Included a $512 million correction of investing cash flows used for the settlement of derivative instruments classified as operating during the the six months ended June 30, 2017. Therefore, operating cash flows were understated and investing cash flows were overstated during the the six months ended June 30, 2017.
[2]	GE included a $512 million correction of investing cash flows used for the settlement of derivative instruments classified as operating during the the six months ended June 30, 2017. Therefore, operating cash flows were understated and investing cash flows were overstated during the the six months ended June 30, 2017.
[3]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis.
[4]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.
[5]	Represents GE Capital earnings/loss from continuing operations attributable to the Company, net of GE Capital dividends paid to GE.

STATEMENT OF CASH FLOWS (Parent

STATEMENT OF CASH FLOWS (Parenthetical) - USD ($) $ in Millions	6 Months Ended	9 Months Ended
	Jun. 30, 2017	Sep. 30, 2017	Sep. 30, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Correction of investing cash flows		$ (2,343)	$ (41,503)
Adjustment of investing cash flows used for the settlement of derivative instruments classified as operating | Correction
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Correction of investing cash flows	$ 512

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 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.

BUSINESSES HELD FOR SALE AND DI

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS	9 Months Ended
	Sep. 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 On September 25, 2017, we signed an agreement to sell our Industrial Solutions business within our Power segment with assets of $2,220 million and liabilities of $ 561 million, to ABB for approximately $2,600 million . The transaction is targeted to close in mid-2018. On March 8, 2017, we signed an agreement to sell our Water business within our Power segment to Suez Environnement S.A. (Suez). On September 30, 2017, we completed the sale for consideration of $3,041 million , net of obligations assumed and cash transferred, (including $122 million from sale of receivables originated in our Water business and sold from GE Capital to Suez) and recognized an after-tax gain of $1,872 million in the third quarter of 2017 in the caption “Other income” in our consolidated Statement of Earnings. FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE (In millions) September 30, 2017 December 31, 2016 Assets Current receivables(a) $ 339 $ 366 Inventories 361 211 Property, plant, and equipment – net 390 632 Goodwill 1,050 212 Other intangible assets – net 130 123 Contract assets 52 125 Other 46 76 Assets of businesses held for sale $ 2,369 $ 1,745 Liabilities Accounts payable $ 219 $ 190 Progress collections and price adjustments accrued 21 141 Other current liabilities 131 133 Non-current compensation and benefits 152 82 Other 38 110 Liabilities of businesses held for sale $ 561 $ 656 (a) Included transactions in our industrial businesses that were made on an arms-length basis with GE Capital, including GE current receivables sold to GE Capital of $ 148 million and $ 117 million at September 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 also includes the remaining assets of 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Operations Total revenues and other income (loss) $ 35 $ 633 $ 123 $ 2,494 Earnings (loss) from discontinued operations before income taxes $ (191 ) $ 6 $ (603 ) $ (154 ) Benefit (provision) for income taxes(a) 71 278 198 460 Earnings (loss) from discontinued operations, net of taxes $ (120 ) $ 284 $ (404 ) $ 306 Disposal Gain (loss) on disposal before income taxes $ 22 $ (50 ) $ 3 $ (591 ) Benefit (provision) for income taxes(a) (8 ) (339 ) (89 ) (670 ) Gain (loss) on disposal, net of taxes $ 14 $ (389 ) $ (86 ) $ (1,261 ) Earnings (loss) from discontinued operations, net of taxes(b)(c) $ (106 ) $ (105 ) $ (490 ) $ (954 ) (a) GE Capital's total tax benefit (provision) for discontinued operations and disposals included current tax benefit (provision) of $(63) million and $726 million for the three months ended September 30, 2017 and 2016 , respectively, and $(386) million and $(154) million for the nine months ended September 30, 2017 and 2016 , respectively, including current U.S. Federal tax benefit (provision) of $1 million and $678 million for the three months ended September 30, 2017 and 2016 , respectively, and $(518) million and $207 million for the nine months ended September 30, 2017 and 2016, respectively. The deferred tax benefit (provision) was $126 million and $(787) million for the three months ended September 30, 2017 and 2016 , respectively, and $495 million and $(56) million for the nine months ended September 30, 2017 and 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 $(168) million and $(43) million for the three months ended September 30, 2017 and 2016 , respectively, and $(606) million and $(746) million for the nine months ended September 30, 2017 and 2016, respectively. (In millions) September 30, 2017 December 31, 2016 Assets Cash and equivalents $ 496 $ 1,429 Investment securities 1,131 2,626 Deferred income taxes 969 487 Financing receivables held for sale 3,631 8,547 Other assets 564 1,727 Assets of discontinued operations $ 6,791 $ 14,815 Liabilities Accounts payable 51 164 Borrowings — 2,076 Other liabilities 939 1,918 Liabilities of discontinued operations $ 990 $ 4,158

INVESTMENT SECURITIES

INVESTMENT SECURITIES	9 Months Ended
	Sep. 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. September 30, 2017 December 31, 2016 (In millions) Amortized Gross Gross Estimated (a) Amortized Gross Gross Estimated (a) Debt U.S. corporate $ 20,255 $ 3,594 $ (45 ) $ 23,804 $ 20,049 $ 3,081 $ (85 ) $ 23,046 Non-U.S. corporate 5,615 84 (13 ) 5,686 11,917 98 (27 ) 11,987 State and municipal 3,827 506 (49 ) 4,284 3,916 412 (92 ) 4,236 Mortgage and asset-backed 2,808 97 (19 ) 2,886 2,787 111 (37 ) 2,861 Government and agencies 1,769 74 (10 ) 1,833 1,842 160 (26 ) 1,976 Equity (b) 191 13 — 204 154 55 (1 ) 208 Total $ 34,464 $ 4,368 $ (136 ) $ 38,696 $ 40,665 $ 3,917 $ (269 ) $ 44,313 (a) Included $384 million and $137 million of investment securities held by GE at September 30, 2017 and December 31, 2016, respectively, of which $149 million and $86 million are equity securities. (b) Estimated fair values included $107 million and $17 million of trading securities at September 30, 2017 and December 31, 2016, respectively. Net unrealized gains (losses) recorded to earnings related to these securities were $12 million and $1 million for the three months ended and $41 million and $(2) million for the nine months ended September 30, 2017 and 2016, respectively. I nvestments with a fair value of $4,452 million and $4,406 million were classified within Level 3 (significant inputs to the valuation model are unobservable) at September 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 nine months ended September 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 September 30, 2017 Debt U.S. corporate $ 681 $ (17 ) $ 530 $ (28 ) Non-U.S. corporate 581 (4 ) 3,591 (9 ) State and municipal 125 (2 ) 270 (47 ) Mortgage and asset-backed 821 (9 ) 227 (9 ) Government and agencies 593 (9 ) 257 (1 ) Equity 3 — — — Total $ 2,805 $ (41 ) $ 4,874 $ (95 ) 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 September 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 $28 million for the nine months ended September 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 $ 5,342 $ 5,344 After one year through five years 3,577 3,796 After five years through ten years 5,639 6,171 After ten years 16,994 20,395 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 $54 million and $7 million , and gross realized losses were $(5) million and $(12) million in the three months ended September 30, 2017 and 2016, respectively. Gross realized gains on available-for-sale investment securities were $197 million and $49 million , and gross realized losses were $(9) million and $(52) million in the nine months ended September 30, 2017 and 2016, respectively. Proceeds from investment securities sales and early redemptions by issuers totaled $659 million and $416 million in the three months ended September 30, 2017 and 2016, respectively primarily from sales of U.S. Corporate and Mortgage and asset-backed securities and $2,433 million and $1,283 million in the nine months ended September 30, 2017 and 2016, respectively primarily from sales of U.S. corporate securities and Government and agencies.

CURRENT RECEIVABLES

CURRENT RECEIVABLES	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
CURRENT RECEIVABLES	CURRENT RECEIVABLES Consolidated(a)(b) GE(c) (In millions) September 30, 2017 December 31, 2016 September 30, 2017 December 31, 2016 Current receivables $ 26,045 $ 24,935 $ 15,733 $ 13,562 Allowance for losses (1,019 ) (858 ) (1,008 ) (847 ) Total $ 25,026 $ 24,076 $ 14,725 $ 12,715 (a) Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $ 11,224 million and $ 12,304 million at September 30, 2017 and December 31, 2016 , respectively. The consolidated total included a deferred purchase price receivable of $ 436 million and $ 483 million at September 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 $ 2,460 million and $ 3,821 million at September 30, 2017 and December 31, 2016 , respectively. Of these balances, $ 1,284 million and $ 2,504 million was sold by GE to GE Capital prior to the sale to third parties at September 30, 2017 and December 31, 2016 , respectively. At September 30, 2017 and December 31, 2016 , our maximum exposure to loss under the limited recourse arrangements is $ 34 million and $ 215 million, respectively. (c) GE current receivables balances at September 30, 2017 and December 31, 2016 , before allowance for losses, included $ 9,912 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 $ 3,200 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 nine months ended September 30, 2017 , GE Industrial sold current receivables of $ 15,057 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 $ 14,729 million on previously sold current receivables owed to the purchasing entities. The purchasing entities reinvested $ 12,681 million of those collections to purchase newly originated current receivables from the Company and paid $ 461 million to reduce their DPP obligation to the Company. During the nine months ended September 30, 2017 , GE Industrial recognized a loss of $ 100 million resulting from a discount on the sale of these receivables to GE Capital. GE Capital recovered the majority of this loss on the sale of the receivables to third party purchasers. At September 30, 2017 , GE Capital, under the Receivables Facility, serviced $ 2,903 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	9 Months Ended
	Sep. 30, 2017
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES (In millions) September 30, 2017 December 31, 2016 Raw materials and work in process $ 13,939 $ 12,636 Finished goods 10,856 8,798 Unbilled shipments 531 536 25,327 21,971 Revaluation to LIFO 521 383 Total inventories $ 25,848 $ 22,354

GE CAPITAL FINANCING RECEIVABLE

GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES	9 Months Ended
	Sep. 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) September 30, 2017 December 31, 2016 Loans, net of deferred income $ 20,039 $ 21,101 Investment in financing leases, net of deferred income 4,923 4,998 24,962 26,099 Allowance for losses (62 ) (58 ) Financing receivables – net $ 24,900 $ 26,041 We manage our financing receivables portfolio using delinquency and nonaccrual data as key performance indicators. At September 30, 2017 , $718 million ( 2.9% ), $165 million ( 0.7% ) and $317 million ( 1.3% ) of financing receivables were over 30 days past due, over 90 days past due and on nonaccrual, respectively. Of the $317 million of nonaccrual financing receivables at September 30, 2017 , the vast majority are secured by collateral and $271 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 September 30, 2017 and December 31, 2016 was $352 million and $262 million , respectively. The method used to measure impairment for these loans is primarily based on collateral value. At September 30, 2017 , troubled debt restructurings included in impaired loans were $137 million .

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	9 Months Ended
	Sep. 30, 2017
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT (In millions) September 30, 2017 December 31, 2016 Original cost $ 91,421 $ 85,875 Less accumulated depreciation and amortization (37,321 ) (35,356 ) Property, plant and equipment – net $ 54,101 $ 50,518 Consolidated depreciation and amortization on property, plant and equipment was $1,397 million and $1,136 million in the three months ended September 30, 2017 and 2016 , respectively and $3,715 million and $3,641 million in the nine months ended September 30, 2017 and 2016 , respectively.

ACQUISITIONS, GOODWILL AND OTHE

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Sep. 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 $1,300 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 $ 867 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 September 14, 2016, we acquired the remaining 74% of the software developer Meridium Inc. for cash proceeds of $369 million. Upon gaining control, we fair valued the business including our previously held 26% equity interest. The purchase price allocation resulted in goodwill of approximately $360 million and amortizable intangible assets of approximately $150 million. On May 10, 2016 , we announced the pending acquisition of the heat recovery steam generator (HRSG) business from Doosan Engineering & Construction 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 business is included in our Power Segment. The agreement to purchase the remaining 5% of the HRSG business was terminated on October 13, 2017. The purchase price allocation resulted in goodwill of approximately $160 million and amortizable intangible assets of approximately $36 million . 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 $7,498 million in cash in exchange for an ownership interest of approximately 62.5% 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 an economic interest of approximately 62.5% in this partnership, and Baker Hughes’ former shareholders hold an ownership interest of approximately 37.5% through a newly NYSE listed corporation, Baker Hughes, a GE company (BHGE), which controls the partnership. In turn, GE holds a controlling, voting interest of approximately 62.5% in BHGE through Class B Common Stock, 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 $24,798 million , including the $7,498 million cash contribution. The Baker Hughes acquisition has been accounted for as a business combination, using the acquisition method. The net assets of Baker Hughes’ contributed businesses were recorded at their estimated fair value, and GE Oil & Gas continues at its historical or carryover basis. We recorded noncontrolling interest of $ 16,470 million for the approximate 37.5% ownership interest in the combined company held by BHGE’s Class A shareholders. The noncontrolling interest is recorded at fair value for the portion attributable to Baker Hughes and at our historical cost for the portion attributable to GE Oil & Gas. The fair value of the noncontrolling interest associated with the acquired net assets was determined by the publicly traded share price of Baker Hughes at the close of the transaction. The impact of recognizing the noncontrolling interest in GE Oil & Gas resulted in an increase to additional paid in capital of $1,131 million. The tables below present the preliminary fair value of the consideration exchanged and the preliminary allocation of purchase price to the major classes of assets and liabilities of the acquired Baker Hughes business and the associated fair value of preexisting noncontrolling interest related to the acquired net assets of Baker Hughes. The estimated values are not yet final and are subject to change, and the changes could be significant. We will finalize the amounts recognized as soon as possible as we obtain the information necessary to complete the analysis, but no later than one year from the acquisition date. PRELIMINARY PURCHASE PRICE (In millions) July 3, 2017 Cash consideration $ 7,498 Fair value of the Class A Shares in BHGE issued to Baker Hughes shareholders 17,300 Total consideration for Baker Hughes $ 24,798 PRELIMINARY IDENTIFIABLE ASSETS ACQUIRED AND LIABILITIES ASSUMED (In millions) July 3, 2017 Cash and cash equivalents $ 4,133 Accounts receivable 2,378 Inventories 1,975 Property, plant, and equipment - net 4,048 Other intangible assets - net (a) 4,400 All other assets 1,314 Accounts payable (1,115 ) Borrowings (3,373 ) Deferred taxes (b) (825 ) All other liabilities (2,267 ) Total identifiable net assets 10,668 Fair value of existing noncontrolling interest (77 ) Goodwill (c) 14,207 Total allocated purchase price $ 24,798 (a) The estimated fair value of intangible assets and related useful lives in the preliminary purchase price allocation include: (In millions) Estimated fair value Estimated useful life (in years) Trademarks - Baker Hughes $ 2,000 Indefinite life Customer-related 1,300 15 Patents and technology 900 10 Trademarks - Other 200 10 Total $ 4,400 (b) Includes an increase of approximately $974 million primarily related to fair value adjustments to identifiable assets and liabilities (excluding goodwill). (c) The above goodwill represents future economic benefits expected to be recognized from combining the operations of GE Oil & Gas and Baker Hughes, including expected future synergies and operating efficiencies. Goodwill resulting from the acquisition has been allocated to our Oil & Gas reporting units, of which $67 million is deductible for tax purposes. INCOME TAXES BHGE LLC, will be treated as a disregarded entity for U.S. federal income tax purposes and, accordingly, will not incur any material current or deferred U.S. federal income taxes. BHGE LLC’s foreign subsidiaries, however, are expected to incur current and deferred foreign income taxes. At closing, GE and BHGE, entered into a Tax Matters Agreement. The Tax Matters Agreement governs the administration and allocation between the parties of tax liabilities and benefits arising prior to, as a result of, and subsequent to the transaction. GE will be responsible for certain taxes related to the formation of the transaction undertaken by GE and Baker Hughes and their respective subsidiaries. We have assumed approximately $35 million of tax obligations of Baker Hughes related to the formation of the transaction. The Tax Matters Agreement will also provide for the sharing of certain tax benefits arising from the transaction. GE will be entitled to 100% of these tax benefits to the extent that GE has borne certain taxes related to the formation of the transaction. Thereafter, these tax benefits will be shared by GE and BHGE in accordance with their ownership of the partnership, which will initially be approximately 62.5% and approximately 37.5% , respectively. ACQUISITION COSTS During the three and nine months ended September 30, 2017, acquisition costs of $159 million and $310 million , respectively, were expensed as incurred and were reported as selling, general and administrative expenses. UNAUDITED ACTUAL AND PRO FORMA INFORMATION Our consolidated "Revenues and other income", and "Earnings (loss) from continuing operations" from July 3, 2017 through September 30, 2017 includes $2,541 million and $(441) million , respectively, related to the Baker Hughes contributed business. The following unaudited pro forma information has been presented as if the Baker Hughes transaction occurred on January 1, 2016. This information has been prepared by combining the historical results of the Company and historical results of Baker Hughes. The unaudited pro forma combined financial data for all periods presented were adjusted to give effect to proforma events that 1) are directly attributable to the aforementioned transaction, 2) factually supportable, and 3) expected to have a continuing impact on the consolidated results of operations. The unaudited combined pro forma results do not include any incremental cost savings that may result from the integration. The adjustments are based on information available to the Company at this time. Accordingly, the adjustments are subject to change and the impact of such changes may be material. The unaudited combined pro forma information is for informational purposes only. The pro forma information is not necessarily indicative of what the combined company’s results actually would have been had the acquisition been completed as of the beginning of the periods as indicated. In addition, the unaudited pro forma information does not purport to project the future results of the combined company. Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Revenues and other income $ 33,472 $ 31,617 $ 95,353 $ 98,029 Earnings (loss) from continuing operations 1,960 1,603 4,139 3,015 Significant adjustments to the pro forma information above include recognition of non-recurring direct incremental acquisition costs in the nine-month period ended September 30, 2016 and exclusion of those costs from all other periods presented; and the amortization associated with an estimate of the acquired intangible assets. A non-recurring contractually obligated termination fee of $3,500 million ( $3,320 million net of related costs incurred) received by Baker Hughes due to an inability to obtain antitrust related approvals from a prior merger agreement is recognized in the nine months ended September 30, 2016. GOODWILL CHANGES IN GOODWILL BALANCES (In millions) January 1, 2017 Acquisitions Dispositions, Balance at Power $ 26,403 $ 55 $ (1,219 ) $ 25,239 Renewable Energy 2,507 1,503 230 4,240 Oil & Gas 10,363 14,207 315 24,885 Aviation 9,455 17 606 10,077 Healthcare 17,424 50 92 17,566 Transportation 899 — 26 925 Lighting 281 — 10 291 Capital 2,368 — 2 2,370 Corporate 739 722 16 1,476 Total $ 70,438 $ 16,553 $ 78 $ 87,068 Goodwill balances increased by $16,630 million in 2017, primarily as a result of the Baker Hughes transaction, the LM Wind Power and ServiceMax acquisitions and the currency exchange effects of a weaker U.S. dollar, partially offset by the reclassification of our Industrial Solutions business to assets of businesses held for sal e and impairment of our Power Conversion reporting unit. We test goodwill for impairment annually in the third quarter of each year using data as of July 1 of that year. The impairment test consists of two steps: in step one, the carrying value of the reporting unit is compared with its fair value; in step two, which is applied when the carrying value is more than its fair value, the amount of goodwill impairment, if any, is derived by deducting the fair value of the reporting unit’s assets and liabilities from the fair value of its equity, and comparing that amount with the carrying amount of goodwill. We determined fair values for each of the reporting units using the market approach, when available and appropriate, or the income approach, or a combination of both. We assess the valuation methodology based upon the relevance and availability of the data at the time we perform the valuation. If multiple valuation methodologies are used, the results are weighted appropriately. Valuations using the market approach are derived from metrics of publicly traded companies or historically completed transactions of comparable businesses. The selection of comparable businesses is based on the markets in which the reporting units operate giving consideration to risk profiles, size, geography, and diversity of products and services. A market approach is limited to reporting units for which there are publicly traded companies that have the characteristics similar to our businesses. Under the income approach, fair value is determined based on the present value of estimated future cash flows, discounted at an appropriate risk-adjusted rate. We use our internal forecasts to estimate future cash flows and include an estimate of long-term future growth rates based on our most recent views of the long-term outlook for each business. Actual results may differ from those assumed in our forecasts. We derive our discount rates using a capital asset pricing model and analyzing published rates for industries relevant to our reporting units to estimate the cost of equity financing. We use discount rates that are commensurate with the risks and uncertainty inherent in the respective businesses and in our internally developed forecasts. Discount rates used in our reporting unit valuations ranged from 10.0% to 18.0% . During the third quarter of 2017, we performed our annual impairment test of goodwill for all our reporting units. Based on the results of our step one testing, the fair values of each of the GE reporting units exceeded their carrying values except for our Power Conversion reporting unit, within our Power operating segment. The primary factors contributing to a reduction in fair value of this reporting unit were extended downturns in certain of its customer segments, most notably the marine and oil and gas markets, increased pricing and cost pressures in low margin renewable markets, and the delayed introduction of new technologies and products. Therefore, we performed a step two analysis. As a result of this analysis, we recognized a non-cash goodwill impairment loss of $947 million ( $940 million after tax) during the third quarter to write down the carrying values of Power Conversion’s goodwill to its implied fair value of $191 million . The impairment loss was recorded on the Statement of Earnings to Other costs and expenses. After the impairment loss, the fair value of our Power Conversion reporting unit was in excess of its carrying value by approximately 2% . In addition, we identified one reporting unit for which the fair value was not substantially in excess of its carrying value. The Grid Solutions reporting unit within our Power operating segment was formed as a result of the Alstom acquisition in November 2015. Since fair value equaled carrying value at the time of acquisition, this caused the fair value of this reporting unit not to be significantly in excess of its carrying value. In the current annual impairment test, fair value of Grid Solutions was in excess of its carrying value by approximately 3% and, therefore, continues to be not substantially in excess of carrying value. While the goodwill of this reporting unit is not currently impaired, there could be an impairment in the future as a result of changes in certain assumptions. For example, the fair value could be adversely affected and result in an impairment of goodwill if expected synergies of the acquisition with Alstom are not realized or if the reporting unit was not able to execute on customer opportunities, the estimated cash flows are discounted at a higher risk-adjusted rate or market multiples decrease. The goodwill associated with our Grid Solutions reporting unit was $4,418 million , representing approximately 5% of our total goodwill at September 30, 2017. While the fair values of our Oil & Gas reporting units are in excess of their carrying values, the Oilfield Equipment and Oilfield Services reporting unit continues to experience declines in orders, project commencement delays and pricing pressures, which reduced its fair value. To the extent that conditions further deteriorate, the fair value of this reporting unit will continue to decline. We will continue to monitor the oil & gas industry and the impact it may have on this reporting unit. In addition, because of the Baker Hughes acquisition and related integration activities, the composition of our historical reporting units for the Oil & Gas operating segment may change. In the event that any of our reporting units change substantially, we will be required to re-test the reporting units as of the date of the reorganization, re-allocate goodwill based on the relative fair values of the new reporting units, and record any required impairment. Finally, the operating and reporting segments and associated reporting units for BHGE are different than GE’s, as BHGE is a subsidiary and performs its reporting unit assessment one level below its operating segments. As of September 30, 2017, we believe no other goodwill impairment exists, apart from the impairment charge discussed above, and that the remaining goodwill is recoverable for all of the reporting units; however, there can be no assurances that additional goodwill will not be impaired in future periods. Estimating the fair value of reporting units requires the use of estimates and significant judgments that are based on a number of factors including actual operating results. It is reasonably possible that the judgments and estimates described above could change in future periods. OTHER INTANGIBLE ASSETS OTHER INTANGIBLE ASSETS - NET (In millions) September 30, 2017 December 31, 2016 Intangible assets subject to amortization $ 19,345 $ 16,336 Indefinite-lived intangible assets(a) 2,090 100 Total $ 21,435 $ 16,436 (a) Indefinite-lived intangible assets principally comprise trademarks and in-process research and development. INTANGIBLE ASSETS SUBJECT TO AMORTIZATION September 30, 2017 December 31, 2016 (In millions) Gross carrying amount Accumulated amortization Net Gross carrying amount Accumulated amortization Net Customer-related $ 10,903 $ (2,909 ) $ 7,994 $ 9,172 $ (2,408 ) $ 6,764 Patents and technology 10,548 (3,646 ) 6,902 8,693 (3,325 ) 5,368 Capitalized software 8,268 (5,064 ) 3,204 7,652 (4,538 ) 3,114 Trademarks 1,426 (408 ) 1,018 1,165 (307 ) 858 Lease valuations 160 (76 ) 84 143 (59 ) 84 Present value of future profits(a) 709 (709 ) — 684 (684 ) — All other 245 (101 ) 144 273 (124 ) 149 Total $ 32,258 $ (12,912 ) $ 19,345 $ 27,781 $ (11,444 ) $ 16,336 (a) Balances at September 30, 2017 and December 31, 2016 include adjustments of $ 221 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 $ 3,009 million in the nine months ended September 30, 2017 , primarily as a result of the Baker Hughes transaction, coupled with the LM Wind Power and ServiceMax acquisitions, partially offset by amortization. GE amortization expense related to intangible assets subject to amortization was $ 522 million and $ 405 million in the three months ended September 30, 2017 and 2016 , respectively, and $ 1,424 million and $1,268 million for the nine months ended September 30, 2017 and 2016 , respectively. GE Capital amortization expense related to intangible assets subject to amortization was $ 16 million and $ 33 million in the three months ended September 30, 2017 and 2016 , respectively, and $ 50 million and $ 103 million for the nine months ended September 30, 2017 and 2016 , respectively.

CONTRACT ASSETS

CONTRACT ASSETS	9 Months Ended
	Sep. 30, 2017
Contractors [Abstract]
CONTRACT ASSETS	CONTRACT ASSETS (In millions) September 30, 2017 December 31, 2016 GE Revenues in excess of billings Long-term product service agreements(a) $ 15,358 $ 12,752 Long-term equipment contract revenues(b) 7,187 5,859 Total revenues in excess of billings 22,545 18,611 Deferred inventory costs(c) 3,818 3,349 Non-recurring engineering costs(d) 2,345 2,185 Other 1,101 1,018 Contract assets $ 29,809 $ 25,162 (a) Long-term product service agreement balances are presented net of related billings in excess of revenues of $2,595 million and $3,750 million at September 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. Revenues in excess of billings increased $2,606 million and $1,328 million for our long-term service agreements and long-term equipment contracts, respectively. The increase in our long-term service agreements is due to a $1,930 million cumulative catch up adjustment driven by lower forecasted costs to complete these contracts as well as increased forecasted revenue and $676 million due to the timing of revenue recognized for work performed relative to billings and collections. Revenue in excess of billings for our long-term equipment contracts increased $1,328 million primarily due to the timing of revenue recognized for work performed relative to the timing of billings and collections. The remaining increase in contract assets of $712 million is primarily due an increase in deferred inventory costs and non-recurring engineering costs. The change in estimated profitability within our long-term product service agreements in our Power, Aviation, Transportation, and Oil & Gas segments resulted in an adjustment of $649 million and $588 million for the three months ended September 30, 2017 and 2016, respectively, and $1,930 million and $1,714 million for the nine months ended September 30, 2017 and 2016, respectively, driven primarily by cost execution and increased productivity.

BORROWINGS

BORROWINGS	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS (In millions) September 30, 2017 December 31, 2016 Short-term borrowings GE Commercial paper $ 2,000 $ 1,500 Current portion of long-term borrowings(d) 14,623 17,109 Other 2,125 1,874 Total GE short-term borrowings(a) 18,748 20,482 GE Capital U.S. Commercial paper 5,021 5,002 Current portion of long-term borrowings(b) 5,627 6,517 Intercompany payable to GE(c) 9,971 11,696 Other 561 229 Total GE Capital short-term borrowings 21,179 23,443 Eliminations(c) (11,800 ) (13,212 ) Total short-term borrowings $ 28,127 $ 30,714 Long-term borrowings GE Senior notes(d) $ 60,314 $ 54,396 Subordinated notes 2,938 2,768 Subordinated debentures(f) 382 719 Other 1,463 928 Total GE long-term borrowings(a) 65,097 58,810 GE Capital Senior notes 41,467 44,131 Subordinated notes 214 236 Intercompany payable to GE(e) 32,623 47,084 Other(b) 1,347 1,992 Total GE Capital long-term borrowings 75,651 93,443 Eliminations(e) (33,191 ) (47,173 ) Total long-term borrowings $ 107,557 $ 105,080 Non-recourse borrowings of consolidated securitization entities(g) $ 708 $ 417 Total borrowings $ 136,392 $ 136,210 (a) Excluding assumed debt of GE Capital, the total amount of GE borrowings was $41,252 million and $20,512 million at September 30, 2017 and December 31, 2016 , respectively. (b) Included $1,653 million and $2,665 million of funding secured by aircraft and other collateral at September 30, 2017 and December 31, 2016 , respectively, of which $477 million and $1,419 million is non-recourse to GE Capital at September 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 September 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 $9,971 million and $13,024 million at September 30, 2017 and December 31, 2016 , respectively. The remaining short-term loan balance was paid in January 2017. (d) Current portion of long-term borrowings and senior notes at September 30, 2017 included $202 million and $2,923 million , respectively, of borrowings issued by BHGE. (e) Included a reduction of $7,271 million and zero for long-term intercompany loans from GE Capital to GE at September 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 $39,893 million and $47,084 million at September 30, 2017 and December 31, 2016 , respectively. The $7,271 million of intercompany loans collectively have a weighted average interest rate of 3.5% and term of approximately 15 years. (f) 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. (g) Included $222 million and $320 million of current portion of long-term borrowings at September 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 September 30, 2017 , the Guarantee applies to $44,526 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	9 Months Ended
	Sep. 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) September 30, 2017 December 31, 2016 Future policy benefit reserves(a) Life insurance and other contracts $ 10,125 $ 10,053 Long-term care insurance contracts 9,031 8,688 19,156 18,741 Investment contracts 2,606 2,813 Claim reserves(b) 4,927 4,606 Unearned premiums and other 416 386 27,105 26,546 Eliminations (508 ) (460 ) Total $ 26,597 $ 26,086 (a) Future policy benefit reserves are accounted for mainly by a net-level premium method using estimated yields generally ranging from 3.0% to 8.5% in both 2017 and 2016. (b) Includes $3,431 million and $3,129 million related to long term-care insurance contracts at September 30, 2017 and December 31, 2016, respectively. Future policy benefit reserves represent the present value of such benefits less the present value of future net premiums and are based on actuarial assumptions established at the time the policies were issued or acquired. These assumptions include, but are not limited to interest rates, health care experience (including type and cost of care), mortality, and the length of time a policy will remain in force. Our annual premium deficiency testing assesses the adequacy of future policy benefit reserves, net of capitalized acquisition costs using current assumptions. Should the net liability for future policy benefits plus the present value of expected future premiums be insufficient to provide for the present value of expected future policy benefits and expenses, we would be required to reduce remaining capitalized acquisition costs and, to the extent a shortfall still exists, increase our existing future policy benefit reserves. We have recently experienced elevated claim experience for a portion of our long-term care insurance contracts and are conducting a comprehensive review of premium deficiency assumptions across all insurance contracts, including a reassessment of future claim projections for long-term care contracts that will be incorporated within our annual test of future policy benefit reserves for premium deficiencies in the fourth quarter of 2017. We would record a charge to earnings for any premium deficiencies in the fourth quarter of 2017 upon completion of this review. Claim reserves are established when a claim is incurred or is estimated to have been incurred and represents our best estimate of the ultimate obligations for future claim payments and claim adjustment expenses. Key inputs include actual known facts about the claims, such as the benefits available and cause of disability of the claimant, as well as assumptions derived from our actual historical experience and expected future changes in experience factors. Claim reserves are evaluated periodically for potential changes in loss estimates with the support of qualified actuaries and any changes are recorded in the period in which they are determined. When insurance affiliates cede insurance risk to third parties, such as reinsurers, they are not relieved of their primary obligation to policyholders. When losses on ceded risks give rise to claims for recovery, we establish allowances for probable losses on such receivables from reinsurers as required. Reinsurance recoverables are included in the caption “Other receivables” on our Consolidated Statement of Financial Position, and amounted to $2,182 million and $2,038 million at September 30, 2017 and December 31, 2016 , respectively. We recognize reinsurance recoveries as a reduction of the Consolidated Statement of Earnings caption “Investment contracts, insurance losses and insurance annuity benefits.” Reinsurance recoveries were $104 million and $339 million for the three and nine months ended September 30, 2017, respectively, and $78 million and $225 million for the three and nine months ended September 30, 2016, respectively. See Note 1 to 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	9 Months Ended
	Sep. 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 267 $ 307 $ 810 $ 913 Prior service cost amortization 73 76 218 228 Expected return on plan assets (847 ) (837 ) (2,545 ) (2,507 ) Interest cost on benefit obligations 715 736 2,144 2,205 Net actuarial loss amortization 702 612 2,109 1,836 Curtailment loss (gain) — — 43 (a) (1 ) Pension plans cost $ 910 $ 894 $ 2,779 $ 2,674 (a) Curtailment loss resulting from our intent to sell the Industrial Solutions business within our Power segment. Other pension plans Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 156 $ 106 $ 430 $ 337 Prior service credit amortization (2 ) — (4 ) (1 ) Expected return on plan assets (324 ) (264 ) (919 ) (786 ) Interest cost on benefit obligations 158 172 445 512 Net actuarial loss amortization 110 68 320 197 Curtailment loss 11 — 11 (a) — Pension plans cost $ 109 $ 82 $ 283 $ 259 (a) Curtailment loss resulting from a Canadian manufacturing plant closure. EFFECT ON OPERATIONS OF PRINCIPAL RETIREE BENEFIT PLANS Principal retiree benefit plans Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 25 $ 32 $ 77 $ 84 Prior service credit amortization (42 ) (41 ) (128 ) (123 ) Expected return on plan assets (9 ) (11 ) (27 ) (33 ) Interest cost on benefit obligations 55 62 168 188 Net actuarial gain amortization (20 ) (12 ) (61 ) (39 ) Curtailment loss — — 3 (a) — Retiree benefit plans cost $ 9 $ 30 $ 32 $ 77 (a) Curtailment loss resulting from our intent to sell the Industrial Solutions business within our Power segment.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Our effective income tax rates were (7.9)% and 4.9% during the nine months ended 2017 and 2016, respectively. The rate for 2017 benefited from the tax difference on global activities, the tax rate on the disposition of the Water business and U.S. business credits and for 2016 from a deductible stock loss and U.S. business credits. In the nine months ended 2017, these decreases were partially offset by the non-deductible impairment of goodwill associated with the Power Conversion business and by an adjustment to bring the nine-month tax rate in line with the higher expected full-year rate. In the nine months ended 2016, there was a further decrease to bring the nine-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) September 30, 2017 December 31, 2016 Unrecognized tax benefits $ 5,281 $ 4,692 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 3,224 2,886 Accrued interest on unrecognized tax benefits 789 615 Accrued penalties on unrecognized tax benefits 157 118 Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months 0-800 0-600 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 0-700 0-500 (a) Some portion of such reduction may be reported as discontinued operations. The increases for the period ended September 30, 2017 primarily relate to preliminary estimates of uncertain taxes for entities consolidated as part of the Baker Hughes transaction. The Internal Revenue Service (IRS) is currently auditing our consolidated U.S. income tax returns for 2012 - 2013 and 2014-2015. 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	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
SHAREOWNERS' EQUITY	SHAREOWNERS’ EQUITY ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Investment securities Beginning balance $ 866 $ 1,077 $ 674 $ 460 Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes of $45, $48, $204 and $352 54 97 363 675 Reclassifications from OCI – net of deferred taxes of $(17), $5, $(78) and $36 (32 ) 1 (150 ) 40 Other comprehensive income (loss)(a) 21 97 213 715 Less OCI attributable to noncontrolling interests 1 (2 ) 1 (1 ) Ending balance $ 887 $ 1,176 $ 887 $ 1,176 Currency translation adjustments (CTA) Beginning balance $ (5,481 ) $ (5,448 ) $ (6,816 ) $ (5,499 ) OCI before reclassifications – net of deferred taxes of $(407), $5, $(648) and $222 710 (280 ) 1,463 (138 ) Reclassifications from OCI – net of deferred taxes of $2, $(6), $(538) and $74 (196 ) 85 391 1 Other comprehensive income (loss)(a) 513 (194 ) 1,854 (138 ) Less OCI attributable to noncontrolling interests 125 0 131 6 Ending balance $ (5,092 ) $ (5,643 ) $ (5,092 ) $ (5,643 ) Cash flow hedges Beginning balance $ 22 $ (51 ) $ 12 $ (80 ) OCI before reclassifications – net of deferred taxes of $55, $(12), $53 and $(17) 175 (21 ) 239 (61 ) Reclassifications from OCI – net of deferred taxes of $(28), $6, $(37) and $7 (75 ) 52 (129 ) 121 Other comprehensive income (loss)(a) 100 30 109 60 Less OCI attributable to noncontrolling interests 3 — 3 — Ending balance $ 119 $ (21 ) $ 119 $ (21 ) Benefit plans Beginning balance $ (10,860 ) $ (10,476 ) $ (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 $(49), $49, $84 and $6 (132 ) 83 367 71 Net curtailment/settlement - net of deferred taxes of $3, $0, $19 and $0 8 — 38 (1 ) Prior service cost amortization – net of deferred taxes of $17, $22, $55 and $63 13 12 34 45 Net actuarial loss amortization – net of deferred taxes of $255, $216, $759 and $649 536 453 1,595 1,343 Other comprehensive income (loss)(a) 423 548 2,032 1,481 Less OCI attributable to noncontrolling interests (1 ) 6 (1 ) 5 Ending balance $ (10,436 ) $ (9,934 ) $ (10,436 ) $ (9,934 ) Accumulated other comprehensive income (loss) at September 30 $ (14,523 ) $ (14,422 ) $ (14,523 ) $ (14,422 ) (a) Total other comprehensive income (loss) was $1,058 million and $481 million in the three months ended September 30, 2017 and 2016 , respectively, and $4,209 million and $2,117 million in the nine months ended September 30, 2017 and 2016 respectively. RECLASSIFICATION OUT OF AOCI Three months ended Nine months ended September 30 September 30 (In millions) 2017 2016 2017 2016 Statement of Earnings caption Available-for-sale securities Gains (losses) on securities $ 49 $ (6 ) $ 228 $ (76 ) Total revenues and other income(a) Income taxes (17 ) 5 (78 ) 36 Benefit (provision) for income taxes(b) Net of tax $ 32 $ (1 ) $ 150 $ (40 ) Currency translation adjustments Gains (losses) on dispositions $ 194 $ (79 ) $ 147 $ (74 ) Total revenues and other income(c) Income taxes 2 (6 ) (538 ) 74 Benefit (provision) for income taxes(d) Net of tax $ 196 $ (85 ) $ (391 ) $ (1 ) Cash flow hedges Gains (losses) on interest rate derivatives $ (6 ) $ (12 ) $ (21 ) $ (67 ) Interest and other financial charges Foreign exchange contracts 98 (43 ) 176 (47 ) (e) Other 12 (3 ) 13 (14 ) (f) Total before tax 104 (57 ) 167 (128 ) Income taxes (28 ) 6 (37 ) 7 Benefit (provision) for income taxes Net of tax $ 75 $ (52 ) $ 129 $ (121 ) Benefit plan items Curtailment gain (loss) $ (11 ) $ — $ (57 ) $ 1 (g) Amortization of prior service cost (30 ) (34 ) (89 ) (108 ) (g) Amortization of actuarial gains (losses) (791 ) (669 ) (2,354 ) (1,992 ) (g) Total before tax (832 ) (703 ) (2,500 ) (2,099 ) Income taxes 275 238 833 712 Benefit (provision) for income taxes Net of tax $ (557 ) $ (465 ) $ (1,667 ) $ (1,387 ) Total reclassification adjustments (net of tax) $ (254 ) $ (602 ) $ (1,779 ) $ (1,548 ) (h) (a) Included insignificant amount s for the three months ended September 30, 2017 and 2016 , and an insignificant amount and $(72) million for the nine months ended September 30, 2017 and 2016, respectively in earnings (loss) from discontinued operations, net of taxes. (b) Included an insignificant amount and $3 million for the three months ended September 30, 2017 and 2016 , and an insignificant amount and $34 million for the nine months ended September 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes. (c) Included zero and $(79) million for the three months ended September 30, 2017 and 2016 , and $32 m illion and $(8) million for the nine months ended September 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes. (d) Included zero and $(7) million for the three months ended September 30, 2017 and 2016 , and $(541) million and $73 million for the nine months ended September 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes (e) Primarily includes $105 million and $(30) million in GE Capital revenues from services and $(8) million and $(13) million in interest and other financial charges in the three months ended September 30, 2017 and 2016 , respectively and $206 million and $1 million in GE Capital revenues from services and $(30) million and $(48) million in interest and other financial charges in the nine months ended September 30, 2017 and 2016, respectively. (f) Primarily recorded in costs and expenses. (g) Curtailment gain (loss), amortization of prior service cost and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 12 for further information. (h) Included $146 million after-tax reclassification of AOCI to additional paid in capital as a result of recognition of noncontrolling interest in GE Oil & Gas as part of Baker Hughes transaction for the three and nine months ended September 30, 2017. 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Beginning balance $ 1,634 $ 1,693 $ 1,663 $ 1,864 Net earnings (loss) (93 ) 6 (73 ) (62 ) Dividends (99 ) (25 ) (130 ) (47 ) Dispositions (77 ) (53 ) (85 ) (94 ) Other (including AOCI)(a)(b)(c) 16,582 42 16,572 1 Ending balance at September 30 $ 17,947 $ 1,663 $ 17,947 $ 1,663 (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. (c) 2017 includes $16,470 million related to Baker Hughes transaction. See Note 8 for further information. 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Beginning balance $ 3,193 $ 3,070 $ 3,025 $ 2,972 Net earnings (loss) (49 ) (82 ) (158 ) (221 ) Dividends (12 ) (8 ) (22 ) (17 ) Redemption value adjustment 63 68 177 178 Other 248 3 419 138 Ending balance at September 30(a) $ 3,441 $ 3,051 $ 3,441 $ 3,051 (a) Included $3,106 million and $2,942 million related to the Alstom joint ventures at September 30, 2017 and 2016, respectively. OTHER Dividends from GE Capital to GE totaled zero and $5,050 million in the three months ended September 30, 2017 and 2016, respectively and $4,105 million , including cash dividends of $4,016 million, and $16,050 million in the nine months ended September 30, 2017 and 2016, respectively. Dividends on GE preferred stock totaled $36 million and $33 million in the three months ended September 30, 2017 and 2016, respectively, and $252 million , including cash dividends of $147 million and $474 million, including cash dividends of $184 million in the nine months ended September 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	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE INFORMATION	EARNINGS PER SHARE INFORMATION Three months ended September 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) $ 1,935 $ 1,935 $ 2,127 $ 2,127 Preferred stock dividends (36 ) (36 ) (33 ) (33 ) Earnings from continuing operations attributable to common shareowners for per-share calculation(a)(b) $ 1,899 $ 1,899 $ 2,094 $ 2,094 Loss from discontinued operations for per-share calculation(a)(b) (109 ) (109 ) (100 ) (100 ) Net earnings attributable to GE common shareowners for per-share calculation(a)(b) $ 1,794 $ 1,794 $ 1,991 $ 1,991 Average equivalent shares Shares of GE common stock outstanding 8,665 8,665 8,904 8,904 Employee compensation-related shares (including stock options) 67 — 112 — Total average equivalent shares 8,732 8,665 9,016 8,904 Per-share amounts Earnings from continuing operations $ 0.22 $ 0.22 $ 0.23 $ 0.24 Loss from discontinued operations (0.01 ) (0.01 ) (0.01 ) (0.01 ) Net earnings 0.21 0.21 0.22 0.22 Nine months ended September 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) $ 4,336 $ 4,336 $ 6,110 $ 6,110 Preferred stock dividends (252 ) (252 ) (474 ) (474 ) Earnings from continuing operations attributable to common shareowners for per-share calculation(a)(b) $ 4,084 $ 4,084 $ 5,636 $ 5,636 Loss from discontinued operations for per-share calculation(a)(b) (507 ) (507 ) (956 ) (956 ) Net earnings attributable to GE common shareowners for per-share calculation(a)(b) $ 3,588 $ 3,587 $ 4,680 $ 4,680 Average equivalent shares Shares of GE common stock outstanding 8,689 8,689 9,096 9,096 Employee compensation-related shares (including stock options) 85 — 105 — Total average equivalent shares 8,774 8,689 9,201 9,096 Per-share amounts Earnings from continuing operations $ 0.47 $ 0.47 $ 0.61 $ 0.62 Loss from discontinued operations (0.06 ) (0.06 ) (0.10 ) (0.11 ) Net earnings 0.41 0.41 0.51 0.51 (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 September 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 September 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 nine months ended September 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 September 30, 2017 and 2016 , approximately 82 million and 15 million of outstanding stock awards were not included in the computation of diluted earnings per share because their effect was antidilutive. F or the nine months ended September 30, 2017 and 2016 , approximately 48 million and 24 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 AND NON-R

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS	FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS 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. September 30, 2017 December 31, 2016 (In millions) Carrying Estimated Carrying Estimated GE Assets Investments and notes receivable $ 1,337 $ 1,404 $ 1,526 $ 1,595 Liabilities Borrowings(a)(b) 33,982 35,180 19,184 19,923 Borrowings (debt assumed)(a)(c) 49,864 56,894 60,109 66,998 GE Capital Assets Loans 19,994 20,069 21,060 20,830 Other commercial mortgages 1,490 1,576 1,410 1,472 Loans held for sale 1,063 1,063 473 473 Other financial instruments(d) 115 161 121 150 Liabilities Borrowings(a)(e)(f)(g) 54,945 59,327 58,523 62,024 Investment contracts 2,606 3,057 2,813 3,277 (a) See Note 10. (b) Included $ 230 million and $ 115 million of accrued interest in estimated fair value at September 30, 2017 and December 31, 2016 , respectively. (c) Included $ 575 million and $ 803 million of accrued interest in estimated fair value at September 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 September 30, 2017 and December 31, 2016 would have been reduced by $ 2,604 million and $ 2,397 million, respectively. (f) Included $ 764 million and $ 775 million of accrued interest in estimated fair value at September 30, 2017 and December 31, 2016 , respectively. (g) Excluded $ 42,593 million and $ 58,780 million of net intercompany payable to GE at September 30, 2017 and December 31, 2016 , respectively. NOTIONAL AMOUNTS OF LOAN COMMITMENTS (In millions) September 30, 2017 December 31, 2016 Ordinary course of business lending commitments(a) $ 1,729 $ 687 Unused revolving credit lines 232 238 (a) Excluded investment commitments of $ 451 million and $ 522 million at September 30, 2017 and December 31, 2016 , respectively. NON-RECURRING FAIR VALUE MEASUREMENTS The following table represents non-recurring fair value amounts (as measured at the time of the adjustment) for those assets remeasured to fair value on a non-recurring basis during the fiscal year and still held at September 30, 2017 and December 31, 2016. Remeasured during Remeasured during (In millions) Level 2 Level 3 Level 2 Level 3 Financing receivables $ — $ 10 $ — $ 30 Cost and equity method investments — 60 — 103 Long-lived assets 277 743 17 1,055 Goodwill $ — $ 191 $ — $ — Total $ 277 $ 1,004 $ 17 $ 1,189 The following table represents the fair value adjustments to assets measured at fair value on a non-recurring basis and still held at September 30, 2017 and 2016 . Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Financing receivables $ (1 ) $ — $ (1 ) $ (14 ) Cost and equity method investments (58 ) (2 ) (89 ) (95 ) Long-lived assets (671 ) (21 ) (712 ) (161 ) Goodwill $ (947 ) $ — $ (947 ) $ — Total $ (1,676 ) $ (24 ) $ (1,748 ) $ (270 ) LEVEL 3 MEASUREMENTS - SIGNIFICANT UNOBSERVABLE INPUTS (Dollars in millions) Fair value Valuation technique Unobservable inputs Range September 30, 2017 Non-recurring fair value measurements Cost and equity method investments $ 51 Income approach Discount rate(a) 9.0%-40.0%(13.9)% Long-lived assets 508 Income approach Discount rate(a) 2.7%-17.0% (7.2%) December 31, 2016 Non-recurring fair value measurements Financing receivables $ 30 Income approach Discount rate(a) 2.5%-30.0% (20.3%) Cost and equity method investments 94 Income approach, Discount rate(a) 9.0%-30.0% (11.8%) Long-lived assets 683 Income approach Discount rate(a) 2.5%-20.0% (10.4%) Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value. At September 30, 2017 and December 31, 2016 , non-recurring measurements of $252 million and $379 million , respectively, are valued using non-binding broker quotes or other third-party sources. At September 30, 2017 and December 31, 2016 , non-recurring fair value measurements were individually insignificant and utilize a number of different unobservable inputs not subject to meaningful aggregation. 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivatives increase (decrease) $ 225 $ 2 $ 281 $ (43 ) Shareowners' equity (increase) decrease (225 ) (2 ) (281 ) 43 Earnings (loss) related to ineffectiveness — — — — Earnings (loss) effect of derivatives(a) 104 (57 ) 167 (128 ) (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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivative increase (decrease) $ (148 ) $ (116 ) $ (430 ) $ 2,494 Adjustment to carrying amount of hedged debt (increase) decrease 103 37 267 (2,651 ) Earnings (loss) related to hedge ineffectiveness (45 ) (79 ) (162 ) (156 ) 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivatives increase (decrease) $ (111 ) $ 107 $ (302 ) $ 154 Fair value of non-derivative instruments (increase) decrease (905 ) 475 (1,764 ) 425 Shareowners' equity (increase) decrease 1,020 (552 ) 2,082 (513 ) Earnings (loss) related to spot-forward differences and ineffectiveness 4 30 17 67 Earnings (loss) related to reclassification upon sale or liquidation(a) 18 47 78 (1,025 ) (a) Included zero and $47 million recorded in discontinued operations in the three months ended September 30, 2017 and 2016 and $59 million and $(1,026) million recorded in discontinued operations in the nine months ended September 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Change in fair value of economic hedge increase (decrease) $ 663 $ (686 ) $ 1,304 $ (808 ) Change in carrying amount of item being hedged increase (decrease) (920 ) 380 (1,876 ) 182 Earnings (loss) effect of economic hedges(a) (257 ) (306 ) (572 ) (626 ) (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. The majority of the outstanding notional amount of $185 billion at September 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) September 30, 2017 December 31, 2016 Derivative assets $ 4,601 $ 5,467 Derivative liabilities (2,453 ) (4,883) Accrued interest 490 792 Cash collateral & credit valuation adjustment (1,816 ) (672) Net Derivatives 822 703 Securities held as collateral (437 ) (442) Net amount $ 385 $ 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 September 30 Nine months ended September 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 $ 225 $ (225 ) $ — $ 281 $ (281 ) $ — Fair value hedges (148 ) 103 (45 ) (430 ) 267 (162 ) Net investment hedges(a) (1,016 ) 1,020 4 (2,065 ) 2,082 17 Economic hedges(b) 663 (920 ) (257 ) 1,304 (1,876 ) (572 ) Total $ (298 ) $ (717 ) 2016 Cash flow hedges $ 2 $ (2 ) $ — $ (43 ) $ 43 $ — Fair value hedges (116 ) 37 (79 ) 2,494 (2,651 ) (156 ) Net investment hedges(a) 582 (552 ) 30 580 (513 ) 67 Economic hedges(b) (686 ) 380 (306 ) (808 ) 182 (626 ) Total $ (355 ) $ (715 ) 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	9 Months Ended
	Sep. 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 four joint ventures used to complete acquisitions. The newest of these, BHGE LLC was formed as part of the Baker Hughes transaction. BHGE LLC owns the operating assets of GE Oil & Gas and Baker Hughes. BHGE LLC is a VIE as we hold an economic interest of approximately 62.5% in the partnership, but we hold no voting or participating rights through our direct economic ownership. BHGE LLC is a SEC Registrant with separate filing requirements with the SEC and its separate financial information can be obtained from www.sec.gov. The remaining three joint ventures 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 September 30, 2017 and December 31, 2016 of $16,282 million , $11,414 million and $3,106 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 joint ventures because we control all their significant activities. These joint ventures are in all other repects 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 September 30, 2017 Assets Financing receivables, net $ — $ — $ 919 $ 919 Current receivables 49 557 — 606 Investment securities — — 965 965 Other assets 541 1,273 1,895 3,709 Total $ 590 $ 1,830 $ 3,779 $ 6,199 Liabilities Borrowings $ 71 $ — $ 1,078 $ 1,149 Non-recourse borrowings — 693 16 709 Other liabilities 411 1,053 1,546 3,010 Total $ 482 $ 1,746 $ 2,640 $ 4,868 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 $293 million and $211 million for the three months ended September 30, 2017 and 2016, respectively and $801 million and $881 million in the nine months ended September 30, 2017 and 2016 , respectively. Related expenses consisted primarily of cost of goods and services of $78 million and $112 million for the three months ended September 30, 2017 and 2016, respectively and $256 million and $610 million in the nine months ended September 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 September 30, 2017 and December 31, 2016, the amounts of commingled cash owed to the third-party investors were $1,216 million and $1,117 million , respectively, and the amounts owed to us by third-party investors were zero 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 September 30, 2017 and December 31, 2016 were $6,382 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	9 Months Ended
	Sep. 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 $ 38,669 million and secondary orders with airlines for used aircraft of approximately $ 2,077 million at September 30, 2017 . In our Aviation segment, we had committed to provide financing assistance of $ 1,875 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 September 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 $ 1,855 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 $ 47 million at September 30, 2017 . Indemnification Agreements – Continuing Operations. We have agreements that require us to fund up to $ 190 million at September 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 September 30, 2017 . At September 30, 2017 , we also had $ 1,688 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 $ 277 million at September 30, 2017 . Indemnification Agreements – Discontinued Operations. At September 30, 2017 , we provided specific indemnifications to buyers of GE Capital’s assets that amounted to $ 2,714 million, for which we have recognized related liabilities of $ 320 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 September 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. Nine months ended September 30 (In millions) 2017 2016 Balance at January 1 $ 1,920 $ 1,723 Current-year provisions 615 539 Expenditures (601 ) (539 ) Other changes(a) 255 166 Balance as of September 30 $ 2,189 $ 1,889 ( 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 September 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. Giving effect to the settlements and subsequent dismissals of lawsuits on five securitizations discussed in Legal Proceedings, active claims at October 26, 2017 consisted of $462 million of individual claims generally submitted before the filing of a lawsuit and $3,198 million of Litigation Claims, as defined above. Reserves related to repurchase claims made against WMC were $647 million at September 30, 2017, reflecting a net increase to reserves in the nine months ended September 30, 2017 of $21 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance, beginning of period $ 636 $ 860 $ 626 $ 875 Provision 11 — 21 84 Claim resolutions / rescissions — (195 ) — (294 ) Balance, end of period $ 647 $ 665 $ 647 $ 665 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 September 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. With respect to the FIRREA investigation, this inability to develop a meaningful estimate of the range of reasonably possible loss reflects, among other factors, the range of penalties and other sanctions incurred by various financial institutions in proceedings and settlements involving claims made under FIRREA by the U.S. Department of Justice . At September 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 have been dismissed following the conclusion of settlement agreements, and one of the lawsuits is subject of a settlement agreement approved by a Minnesota state court . One of the lawsuits involves claims made on two securitizations, and these claims are the subject of settlement agreements to which objections have been filed in California state court . Two of the three remaining lawsuits have been stayed pending the outcome of ongoing settlement negotiations. The sole remaining active lawsuit against WMC is the TMI case, discussed in Legal Proceedings, which was recently scheduled for trial on January 16, 2018. Settlement discussions to date have been unsuccessful, and if this case proceeds to trial and WMC is found liable, it is likely damages would be in an amount exceeding the total value of WMC’s assets. 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	9 Months Ended
	Sep. 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. These 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, including related GE guarantees to GE Capital, 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. Nine months ended September 30, 2017 (In millions) 2017 2016 Cash from (used for) operating activities-continuing operations Combined $ 6,103 $ 20,245 GE current receivables sold to GE Capital 1,402 675 GE Capital dividends to GE (4,016 ) (16,050 ) Other reclassifications and eliminations(a) 519 (1,024 ) Total cash from (used for) operating activities-continuing operations $ 4,008 $ 3,846 Cash from (used for) investing activities-continuing operations Combined $ 752 $ 47,548 GE current receivables sold to GE Capital (1,653 ) (622 ) GE debt effected through GE Capital 5,942 5,002 Other reclassifications and eliminations(a) (349 ) 1,631 Total cash from (used for) investing activities-continuing operations $ 4,692 $ 53,559 Cash from (used for) financing activities-continuing operations Combined $ (16,383 ) $ (85,578 ) GE current receivables sold to GE Capital 251 (54 ) GE Capital dividends to GE 4,016 16,050 GE debt effected through GE Capital (5,942 ) (5,002 ) Other reclassifications and eliminations(a) (170 ) (604 ) Total cash from (used for) financing activities-continuing operations $ (18,228 ) $ (75,188 ) (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	9 Months Ended
	Sep. 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 September 30, 2017 and 2016 and nine months ended September 30, 2017 and 2016, Condensed Consolidating Statements of Financial Position as of September 30, 2017 and December 31, 2016 and Condensed Consolidating Statements of Cash Flows for the nine months ended September 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 SEPTEMBER 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 $ 8,025 $ — $ — $ 40,741 $ (19,338 ) $ 29,428 Other income (loss) (1,152 ) — — 25,159 (21,861 ) 2,146 Equity in earnings (loss) of affiliates 5,672 — 1,019 21,123 (27,813 ) — GE Capital revenues from services — 176 209 2,785 (1,272 ) 1,898 Total revenues and other income (loss) 12,545 176 1,228 89,808 (70,284 ) 33,472 Costs and expenses Interest and other financial charges 1,671 168 542 1,279 (2,428 ) 1,232 Other costs and expenses 9,382 — — 40,253 (18,861 ) 30,774 Total costs and expenses 11,053 168 542 41,533 (21,290 ) 32,006 Earnings (loss) from continuing operations before income taxes 1,491 7 686 48,275 (48,994 ) 1,466 Benefit (provision) for income taxes 457 (1 ) — (59 ) (63 ) 334 Earnings (loss) from continuing operations 1,948 6 686 48,216 (49,058 ) 1,800 Earnings (loss) from discontinued operations, net of taxes (113 ) — (562 ) 4 565 (106 ) Net earnings (loss) 1,836 6 125 48,220 (48,493 ) 1,694 Less net earnings (loss) attributable to noncontrolling interests — — — (21 ) (121 ) (142 ) Net earnings (loss) attributable to the Company 1,836 6 125 48,241 (48,372 ) 1,836 Other comprehensive income (loss) 931 — (187 ) 19,935 (19,749 ) 931 Comprehensive income (loss) attributable to the Company $ 2,766 $ 6 $ (62 ) $ 68,176 $ (68,121 ) $ 2,766 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED SEPTEMBER 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 $ 8,194 $ — $ — $ 36,082 $ (17,462 ) $ 26,814 Other income (loss) 883 — — 35,578 (36,234 ) 227 Equity in earnings (loss) of affiliates 1,788 — 428 29,804 (32,019 ) — GE Capital revenues from services — 166 243 2,838 (1,023 ) 2,224 Total revenues and other income (loss) 10,865 166 671 104,302 (86,738 ) 29,266 Costs and expenses Interest and other financial charges 1,166 138 525 856 (1,724 ) 961 Other costs and expenses 8,498 — 16 36,101 (18,385 ) 26,230 Total costs and expenses 9,664 138 541 36,957 (20,109 ) 27,191 Earnings (loss) from continuing operations before income taxes 1,201 28 130 67,345 (66,630 ) 2,074 Benefit (provision) for income taxes 932 (3 ) (11 ) (951 ) 16 (18 ) Earnings (loss) from continuing operations 2,132 24 119 66,395 (66,614 ) 2,056 Earnings (loss) from discontinued operations, net of taxes (105 ) — (552 ) 224 328 (105 ) Net earnings (loss) 2,027 24 (433 ) 66,619 (66,286 ) 1,951 Less net earnings (loss) attributable to noncontrolling interests — — — (51 ) (25 ) (76 ) Net earnings (loss) attributable to the Company 2,027 24 (433 ) 66,670 (66,262 ) 2,027 Other comprehensive income (loss) 477 — 51 (711 ) 661 477 Comprehensive income (loss) attributable to the Company $ 2,504 $ 24 $ (382 ) $ 65,959 $ (65,601 ) $ 2,504 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 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 $ 24,897 $ — $ — $ 114,446 $ (57,448 ) $ 81,895 Other income (loss) (1,041 ) — — 57,784 (54,132 ) 2,611 Equity in earnings (loss) of affiliates 10,444 — 1,711 71,787 (83,942 ) — GE Capital revenues from services — 505 583 7,644 (2,548 ) 6,184 Total revenues and other income (loss) 34,301 505 2,294 251,661 (198,070 ) 90,691 Costs and expenses Interest and other financial charges 3,348 477 1,485 3,582 (5,348 ) 3,545 Other costs and expenses 27,567 — 22 113,764 (58,020 ) 83,334 Total costs and expenses 30,916 478 1,507 117,346 (63,368 ) 86,879 Earnings (loss) from continuing operations before income taxes 3,385 27 787 134,315 (134,702 ) 3,812 Benefit (provision) for income taxes 971 (3 ) 115 (758 ) (22 ) 303 Earnings (loss) from continuing operations 4,356 24 902 133,557 (134,724 ) 4,115 Earnings (loss) from discontinued operations, net of taxes (501 ) — (284 ) 7 287 (490 ) Net earnings (loss) 3,856 24 618 133,564 (134,437 ) 3,624 Less net earnings (loss) attributable to noncontrolling interests — — — (53 ) (178 ) (231 ) Net earnings (loss) attributable to the Company 3,856 24 618 133,617 (134,259 ) 3,856 Other comprehensive income (loss) 4,075 — 463 (7,059 ) 6,596 4,075 Comprehensive income (loss) attributable to the Company $ 7,931 $ 24 $ 1,081 $ 126,559 $ (127,663 ) $ 7,931 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 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 $ 28,870 $ — $ — $ 108,043 $ (56,757 ) $ 80,156 Other income (loss) 845 — — 55,062 (52,522 ) 3,385 Equity in earnings (loss) of affiliates 7,923 — 1,093 58,732 (67,747 ) — GE Capital revenues from services — 762 1,262 9,182 (4,144 ) 7,063 Total revenues and other income (loss) 37,638 762 2,355 231,019 (181,170 ) 90,604 Costs and expenses Interest and other financial charges 2,828 685 2,133 4,027 (5,651 ) 4,023 Other costs and expenses 30,555 — 71 110,725 (60,906 ) 80,445 Total costs and expenses 33,383 686 2,204 114,752 (66,558 ) 84,467 Earnings (loss) from continuing operations before income taxes 4,255 76 150 116,267 (114,612 ) 6,137 Benefit (provision) for income taxes 1,862 (10 ) (58 ) (1,908 ) (189 ) (302 ) Earnings (loss) from continuing operations 6,118 67 93 114,359 (114,801 ) 5,835 Earnings (loss) from discontinued operations, net of taxes (954 ) — (1,547 ) 398 1,149 (954 ) Net earnings (loss) 5,164 67 (1,455 ) 114,757 (113,652 ) 4,881 Less net earnings (loss) attributable to noncontrolling interests — — — (143 ) (140 ) (283 ) Net earnings (loss) attributable to the Company 5,164 67 (1,455 ) 114,900 (113,512 ) 5,164 Other comprehensive income (loss) 2,107 (12 ) 114 136 (238 ) 2,107 Comprehensive income (loss) attributable to the Company $ 7,271 $ 55 $ (1,341 ) $ 115,036 $ (113,750 ) $ 7,271 CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION SEPTEMBER 30, 2017 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Assets Cash and equivalents $ 737 $ — $ 3 $ 39,623 $ (509 ) $ 39,854 Investment securities 1 — — 40,298 (1,603 ) 38,696 Receivables - net 51,669 17,452 31,245 87,077 (144,082 ) 43,362 Inventories 5,264 — — 24,695 (4,112 ) 25,848 Property, plant and equipment - net 5,645 — — 49,754 (1,299 ) 54,101 Investment in subsidiaries(a) 297,324 — 80,506 695,869 (1,073,699 ) — Goodwill and intangible assets 6,812 — — 84,760 16,932 108,503 All other assets 27,636 44 387 214,163 (181,348 ) 60,882 Assets of discontinued operations — — — — 6,791 6,791 Total assets $ 395,089 $ 17,497 $ 112,142 $ 1,236,239 $ (1,382,929 ) $ 378,038 Liabilities and equity Short-term borrowings $ 183,427 $ — $ 46,537 $ 23,793 $ (225,630 ) $ 28,127 Accounts payable 9,672 — — 66,041 (60,807 ) 14,907 Other current liabilities 11,479 33 3 24,418 550 36,483 Long-term and non-recourse borrowings 72,193 16,724 34,810 53,517 (68,979 ) 108,265 All other liabilities 42,212 544 137 55,881 (7,003 ) 91,772 Liabilities of discontinued operations — — — — 990 990 Total Liabilities 318,984 17,302 81,488 223,650 (360,879 ) 280,544 Redeemable noncontrolling interests — — — 2,713 727 3,441 GE shareowners' equity 76,105 195 30,654 1,008,330 (1,039,179 ) 76,105 Noncontrolling interests — — — 1,545 16,402 17,947 Total equity 76,105 195 30,654 1,009,876 (1,022,777 ) 94,052 Total liabilities, redeemable noncontrolling interests and equity $ 395,089 $ 17,497 $ 112,142 $ 1,236,239 $ (1,382,929 ) $ 378,038 (a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $19,301 million and net assets of discontinued operations of $3,776 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 NINE MONTHS ENDED SEPTEMBER 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 $ (25,937 ) $ 39 $ (81 ) $ 193,403 $ (163,416 ) $ 4,008 Cash from (used for) operating activities - discontinued operations (501 ) — — 8 3 (490 ) Cash from (used for) operating activities (26,437 ) 39 (81 ) 193,411 (163,413 ) 3,518 Cash flows – investing activities Cash from (used for) investing activities – continuing operations (1,723 ) (39 ) 345 (257,130 ) 263,239 4,692 Cash from (used for) investing activities – discontinued operations — — — (2,349 ) — (2,349 ) Cash from (used for) investing activities (1,723 ) (39 ) 345 (259,479 ) 263,239 2,343 Cash flows – financing activities Cash from (used for) financing activities – continuing operations 26,339 — (265 ) 104,160 (148,463 ) (18,228 ) Cash from (used for) financing activities – discontinued operations — — — 1,905 — 1,905 Cash from (used for) financing activities 26,339 — (265 ) 106,065 (148,463 ) (16,323 ) Effect of currency exchange rate changes on cash and equivalents — — — 1,253 — 1,253 Increase (decrease) in cash and equivalents (1,821 ) — — 41,251 (48,638 ) (9,208 ) Cash and equivalents at beginning of year 2,558 — 3 (1,132 ) 48,129 49,558 Cash and equivalents at September 30 737 — 3 40,119 (509 ) 40,350 Less cash and equivalents of discontinued operations at September 30 — — — 496 — 496 Cash and equivalents of continuing operations at September 30 $ 737 $ — $ 3 $ 39,623 $ (509 ) $ 39,854 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 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 $ (14,847 ) $ 175 $ (121 ) $ 83,404 $ (64,766 ) $ 3,846 Cash from (used for) operating activities - discontinued operations (954 ) — — (4,366 ) (399 ) (5,719 ) Cash from (used for) operating activities (15,801 ) 175 (121 ) 79,038 (65,165 ) (1,873 ) Cash flows – investing activities Cash from (used for) investing activities – continuing operations 20,902 16,080 36,317 32,000 (51,740 ) 53,559 Cash from (used for) investing activities – discontinued operations — — — (12,056 ) — (12,056 ) Cash from (used for) investing activities 20,902 16,080 36,317 19,944 (51,740 ) 41,503 Cash flows – financing activities Cash from (used for) financing activities – continuing operations (6,894 ) (16,255 ) (36,194 ) (150,446 ) 134,601 (75,188 ) Cash from (used for) financing activities – discontinued operations — — — 295 — 295 Cash from (used for) financing activities (6,894 ) (16,255 ) (36,194 ) (150,151 ) 134,601 (74,893 ) Effect of currency exchange rate changes on cash and equivalents — — — (169 ) — (169 ) Increase (decrease) in cash and equivalents (1,792 ) — 3 (51,339 ) 17,696 (35,432 ) Cash and equivalents at beginning of year 4,137 — — 107,350 (20,609 ) 90,878 Cash and equivalents at September 30 2,344 — 3 56,011 (2,913 ) 55,445 Less cash and equivalents of discontinued operations at September 30 — — — 2,915 — 2,915 Cash and equivalents of continuing operations at September 30 $ 2,344 $ — $ 3 $ 53,095 $ (2,913 ) $ 52,530

SUPPLEMENTAL INFORMATION

SUPPLEMENTAL INFORMATION	9 Months Ended
	Sep. 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. Nine months ended September 30 (In millions) 2017 2016 GE All other operating activities (Gains) losses on purchases and sales of business interests(a) $ (1,968 ) $ (3,471 ) Contract assets (net)(b) (4,009 ) (3,035 ) Income taxes(c) (1,107 ) (1,318 ) Interest charges(d) 327 323 Principal pension plans(e) 1,179 2,520 Other(f) 1,636 169 $ (3,942 ) $ (4,812 ) Net dispositions (purchases) of GE shares for treasury Open market purchases under share repurchase program $ (3,394 ) $ (18,708 ) Other purchases (58 ) (430 ) Dispositions 831 1,168 $ (2,620 ) $ (17,969 ) (a) Included pre-tax gains on sales of businesses reclassified to Proceeds from principal business dispositions within Cash flows from investing activities of $(1,897) million for Water in the nine months ended September 30, 2017 , and $(3,130) million for Appliances and $(398) million for GE Asset Management in the nine months ended September 30, 2016 . (b) Contract assets are presented net of related billings in excess of revenues on our long-term product service agreements. See Note 9. (c) Reflected the effects of current tax expense (benefit) of $699 million and $953 million and net cash paid during the year for income taxes of $(1,806) million and $(2,271) million for the nine months ended September 30, 2017 and 2016 , respectively. Cash flows effects of deferred tax provisions (benefits) are shown separately within cash flows from operating activities. (d) Reflected the effects of interest expense of $1,918 million and $1,490 million and cash paid for interest of $(1,591) million and $(1,167) million for the nine months ended September 30, 2017 and 2016 , respectively. (e) Reflected the effects of pension costs of $2,779 million and $2,674 million and employer contributions of $(1,600) million and $(154) million for the nine months ended September 30, 2017 and 2016 , respectively. See Note 12. (f) Included a $512 million correction of investing cash flows used for the settlement of derivative instruments classified as operating during the the six months ended June 30, 2017. Therefore, operating cash flows were understated and investing cash flows were overstated during the the six months ended June 30, 2017. 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 September 30, 2017 December 31, 2016 (In millions) Assets Liabilities Assets Liabilities Derivatives accounted for as hedges Interest rate contracts $ 2,663 $ 108 $ 3,106 $ 210 Currency exchange contracts 233 105 402 624 Other contracts — — — — 2,895 213 3,508 834 Derivatives not accounted for as hedges Interest rate contracts 74 6 62 20 Currency exchange contracts 1,499 2,187 1,778 4,011 Other contracts 132 46 119 17 1,705 2,240 1,958 4,048 Gross derivatives recognized in statement of financial position Gross derivatives 4,601 2,453 5,467 4,883 Gross accrued interest 491 — 768 (24 ) 5,091 2,454 6,234 4,859 Amounts offset in statement of financial position Netting adjustments(a) (1,802 ) (1,802 ) (3,097 ) (3,094 ) Cash collateral(b) (2,091 ) (276 ) (2,025 ) (1,355 ) (3,893 ) (2,078 ) (5,121 ) (4,449 ) Net derivatives recognized in statement of financial position Net derivatives 1,198 376 1,113 410 Amounts not offset in statement of financial position Securities held as collateral(c) (437 ) — (442 ) — Net amount $ 761 $ 376 $ 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 September 30, 2017 and December 31, 2016 , the cumulative adjustment for non-performance risk was insignificant and $(3) million , respectively. (b) Excluded excess cash collateral received and posted of $90 million and $151 million at September 30, 2017 , respectively, and $6 million and $177 million at December 31, 2016 , respectively. (c) Excluded excess securities collateral received of $42 million and zero at September 30, 2017 and December 31, 2016 , respectively. CASH FLOW HEDGE ACTIVITY Gain (loss) recognized in AOCI Gain (loss) reclassified for the three months ended September 30 for the three months ended September 30 (In millions) 2017 2016 2017 2016 Interest rate contracts $ 1 $ 1 $ (6 ) $ (12 ) Currency exchange contracts 224 — 110 (46 ) Commodity contracts — 1 — — Total(a) $ 225 $ 2 $ 104 $ (57 ) CASH FLOW HEDGE ACTIVITY Gain (loss) recognized in AOCI Gain (loss) reclassified for the nine months ended September 30 for the nine months ended September 30 (In millions) 2017 2016 2017 2016 Interest rate contracts $ 3 $ 32 $ (21 ) $ (67 ) Currency exchange contracts 278 (76 ) 189 (59 ) Commodity contracts — 1 — (3 ) Total(a) $ 281 $ (43 ) $ 167 $ (128 ) (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 $160 million gain at September 30, 2017 . We expect to transfer $39 million gain 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 September 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 $2,529 million at September 30, 2017 , of which $2,091 million was cash and $437 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 cash collateral posted was $276 million at September 30, 2017 . At September 30, 2017 , our exposure to counterparties (including accrued interest), net of collateral we hold, was $681 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 $271 million at September 30, 2017 . This excludes exposure related to embedded derivatives.

SEGMENT OPERATIONS

SEGMENT OPERATIONS	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
SEGMENT OPERATIONS	SEGMENT OPERATIONS SUMMARY OF OPERATING SEGMENTS Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 V% 2017 2016 V% Revenues Power(a) $ 8,679 $ 8,995 (4) % $ 26,569 $ 25,664 4 % Renewable Energy 2,905 2,770 5 % 7,406 6,533 13 % Oil & Gas 5,365 2,964 81 % 11,475 9,497 21 % Aviation 6,816 6,300 8 % 20,153 19,074 6 % Healthcare 4,724 4,482 5 % 13,714 13,190 4 % Transportation 1,074 1,249 (14) % 3,185 3,471 (8 )% Lighting(a) 483 576 (16) % 1,442 4,239 (66 )% Total industrial segment revenues 30,046 27,335 10 % 83,943 81,667 3 % Capital 2,397 2,600 (8) % 7,525 8,256 (9 )% Total segment revenues 32,444 29,936 8 % 91,468 89,923 2 % Corporate items and eliminations 1,028 (670 ) (777 ) 681 Consolidated revenues $ 33,472 $ 29,266 14 % $ 90,691 $ 90,604 — % Segment profit (loss) Power(a) $ 611 $ 1,259 (51) % $ 2,526 $ 2,924 (14 )% Renewable Energy 257 202 27 % 524 413 27 % Oil & Gas(b) (36 ) 353 U 325 981 (67 )% Aviation 1,680 1,494 12 % 4,856 4,366 11 % Healthcare 820 717 14 % 2,289 2,130 7 % Transportation 276 309 (11) % 634 747 (15 )% Lighting(a) 23 (15 ) F 43 196 (78 )% Total industrial segment profit 3,630 4,320 (16) % 11,198 11,756 (5 )% Capital 24 26 (8 )% (195 ) (1,466 ) 87 % Total segment profit (loss) 3,654 4,345 (16 )% 11,003 10,290 7 % Corporate items and eliminations (1,095 ) (1,524 ) (4,687 ) (2,120 ) GE interest and other financial charges (718 ) (483 ) (1,918 ) (1,490 ) GE benefit (provision) for income taxes 64 (241 ) (297 ) (1,034 ) Earnings (loss) from continuing operations attributable to GE common shareowners 1,905 2,097 (9) % 4,101 5,645 (27 )% Earnings (loss) from discontinued operations, net of taxes (106 ) (105 ) (1 )% (490 ) (954 ) 49 % Less net earnings attributable to noncontrolling interests, discontinued operations (1 ) (2 ) 6 2 Earnings (loss) from discontinued operations, net of tax and noncontrolling interest (105 ) (103 ) (2 )% (497 ) (956 ) 48 % Consolidated net earnings (loss) attributable to the GE common shareowners $ 1,800 $ 1,994 (10) % $ 3,604 $ 4,689 (23 )% (a) Beginning in the third quarter of 2017, the Energy Connections business within the former Energy Connections & Lighting segment was combined with the Power segment and presented as one reporting segment called Power. As a result of this combination, our GE Lighting and Current, powered by GE (Current) businesses are now reported as a separate segment called Lighting. (b) Oil & Gas segment operating profit excluding restructuring and other charges was $231 million and $593 million for the three and nine months ended September 30, 2017, respectively.

BASIS OF PRESENTATION AND SUM32

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 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.

BUSINESSES HELD FOR SALE AND 33

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Sep. 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Operations Total revenues and other income (loss) $ 35 $ 633 $ 123 $ 2,494 Earnings (loss) from discontinued operations before income taxes $ (191 ) $ 6 $ (603 ) $ (154 ) Benefit (provision) for income taxes(a) 71 278 198 460 Earnings (loss) from discontinued operations, net of taxes $ (120 ) $ 284 $ (404 ) $ 306 Disposal Gain (loss) on disposal before income taxes $ 22 $ (50 ) $ 3 $ (591 ) Benefit (provision) for income taxes(a) (8 ) (339 ) (89 ) (670 ) Gain (loss) on disposal, net of taxes $ 14 $ (389 ) $ (86 ) $ (1,261 ) Earnings (loss) from discontinued operations, net of taxes(b)(c) $ (106 ) $ (105 ) $ (490 ) $ (954 ) (a) GE Capital's total tax benefit (provision) for discontinued operations and disposals included current tax benefit (provision) of $(63) million and $726 million for the three months ended September 30, 2017 and 2016 , respectively, and $(386) million and $(154) million for the nine months ended September 30, 2017 and 2016 , respectively, including current U.S. Federal tax benefit (provision) of $1 million and $678 million for the three months ended September 30, 2017 and 2016 , respectively, and $(518) million and $207 million for the nine months ended September 30, 2017 and 2016, respectively. The deferred tax benefit (provision) was $126 million and $(787) million for the three months ended September 30, 2017 and 2016 , respectively, and $495 million and $(56) million for the nine months ended September 30, 2017 and 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 $(168) million and $(43) million for the three months ended September 30, 2017 and 2016 , respectively, and $(606) million and $(746) million for the nine months ended September 30, 2017 and 2016, respectively. (In millions) September 30, 2017 December 31, 2016 Assets Cash and equivalents $ 496 $ 1,429 Investment securities 1,131 2,626 Deferred income taxes 969 487 Financing receivables held for sale 3,631 8,547 Other assets 564 1,727 Assets of discontinued operations $ 6,791 $ 14,815 Liabilities Accounts payable 51 164 Borrowings — 2,076 Other liabilities 939 1,918 Liabilities of discontinued operations $ 990 $ 4,158 FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE (In millions) September 30, 2017 December 31, 2016 Assets Current receivables(a) $ 339 $ 366 Inventories 361 211 Property, plant, and equipment – net 390 632 Goodwill 1,050 212 Other intangible assets – net 130 123 Contract assets 52 125 Other 46 76 Assets of businesses held for sale $ 2,369 $ 1,745 Liabilities Accounts payable $ 219 $ 190 Progress collections and price adjustments accrued 21 141 Other current liabilities 131 133 Non-current compensation and benefits 152 82 Other 38 110 Liabilities of businesses held for sale $ 561 $ 656 (a) Included transactions in our industrial businesses that were made on an arms-length basis with GE Capital, including GE current receivables sold to GE Capital of $ 148 million and $ 117 million at September 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)	9 Months Ended
	Sep. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Securities	September 30, 2017 December 31, 2016 (In millions) Amortized Gross Gross Estimated (a) Amortized Gross Gross Estimated (a) Debt U.S. corporate $ 20,255 $ 3,594 $ (45 ) $ 23,804 $ 20,049 $ 3,081 $ (85 ) $ 23,046 Non-U.S. corporate 5,615 84 (13 ) 5,686 11,917 98 (27 ) 11,987 State and municipal 3,827 506 (49 ) 4,284 3,916 412 (92 ) 4,236 Mortgage and asset-backed 2,808 97 (19 ) 2,886 2,787 111 (37 ) 2,861 Government and agencies 1,769 74 (10 ) 1,833 1,842 160 (26 ) 1,976 Equity (b) 191 13 — 204 154 55 (1 ) 208 Total $ 34,464 $ 4,368 $ (136 ) $ 38,696 $ 40,665 $ 3,917 $ (269 ) $ 44,313 (a) Included $384 million and $137 million of investment securities held by GE at September 30, 2017 and December 31, 2016, respectively, of which $149 million and $86 million are equity securities. (b) Estimated fair values included $107 million and $17 million of trading securities at September 30, 2017 and December 31, 2016, respectively. Net unrealized gains (losses) recorded to earnings related to these securities were $12 million and $1 million for the three months ended and $41 million and $(2) million for the nine months ended September 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 September 30, 2017 Debt U.S. corporate $ 681 $ (17 ) $ 530 $ (28 ) Non-U.S. corporate 581 (4 ) 3,591 (9 ) State and municipal 125 (2 ) 270 (47 ) Mortgage and asset-backed 821 (9 ) 227 (9 ) Government and agencies 593 (9 ) 257 (1 ) Equity 3 — — — Total $ 2,805 $ (41 ) $ 4,874 $ (95 ) 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 $ 5,342 $ 5,344 After one year through five years 3,577 3,796 After five years through ten years 5,639 6,171 After ten years 16,994 20,395

CURRENT RECEIVABLES (Tables)

CURRENT RECEIVABLES (Tables)	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
Schedule of Current Receivables	Consolidated(a)(b) GE(c) (In millions) September 30, 2017 December 31, 2016 September 30, 2017 December 31, 2016 Current receivables $ 26,045 $ 24,935 $ 15,733 $ 13,562 Allowance for losses (1,019 ) (858 ) (1,008 ) (847 ) Total $ 25,026 $ 24,076 $ 14,725 $ 12,715 (a) Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $ 11,224 million and $ 12,304 million at September 30, 2017 and December 31, 2016 , respectively. The consolidated total included a deferred purchase price receivable of $ 436 million and $ 483 million at September 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 $ 2,460 million and $ 3,821 million at September 30, 2017 and December 31, 2016 , respectively. Of these balances, $ 1,284 million and $ 2,504 million was sold by GE to GE Capital prior to the sale to third parties at September 30, 2017 and December 31, 2016 , respectively. At September 30, 2017 and December 31, 2016 , our maximum exposure to loss under the limited recourse arrangements is $ 34 million and $ 215 million, respectively. (c) GE current receivables balances at September 30, 2017 and December 31, 2016 , before allowance for losses, included $ 9,912 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) September 30, 2017 December 31, 2016 Loans, net of deferred income $ 20,039 $ 21,101 Investment in financing leases, net of deferred income 4,923 4,998 24,962 26,099 Allowance for losses (62 ) (58 ) Financing receivables – net $ 24,900 $ 26,041

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2017
Inventory Disclosure [Abstract]
Schedule of Inventories	(In millions) September 30, 2017 December 31, 2016 Raw materials and work in process $ 13,939 $ 12,636 Finished goods 10,856 8,798 Unbilled shipments 531 536 25,327 21,971 Revaluation to LIFO 521 383 Total inventories $ 25,848 $ 22,354

GE CAPITAL FINANCING RECEIVAB37

GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES (Tables)	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
Schedule of Financing Receivables, Net	Consolidated(a)(b) GE(c) (In millions) September 30, 2017 December 31, 2016 September 30, 2017 December 31, 2016 Current receivables $ 26,045 $ 24,935 $ 15,733 $ 13,562 Allowance for losses (1,019 ) (858 ) (1,008 ) (847 ) Total $ 25,026 $ 24,076 $ 14,725 $ 12,715 (a) Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $ 11,224 million and $ 12,304 million at September 30, 2017 and December 31, 2016 , respectively. The consolidated total included a deferred purchase price receivable of $ 436 million and $ 483 million at September 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 $ 2,460 million and $ 3,821 million at September 30, 2017 and December 31, 2016 , respectively. Of these balances, $ 1,284 million and $ 2,504 million was sold by GE to GE Capital prior to the sale to third parties at September 30, 2017 and December 31, 2016 , respectively. At September 30, 2017 and December 31, 2016 , our maximum exposure to loss under the limited recourse arrangements is $ 34 million and $ 215 million, respectively. (c) GE current receivables balances at September 30, 2017 and December 31, 2016 , before allowance for losses, included $ 9,912 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) September 30, 2017 December 31, 2016 Loans, net of deferred income $ 20,039 $ 21,101 Investment in financing leases, net of deferred income 4,923 4,998 24,962 26,099 Allowance for losses (62 ) (58 ) Financing receivables – net $ 24,900 $ 26,041

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2017
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	(In millions) September 30, 2017 December 31, 2016 Original cost $ 91,421 $ 85,875 Less accumulated depreciation and amortization (37,321 ) (35,356 ) Property, plant and equipment – net $ 54,101 $ 50,518

ACQUISITIONS, GOODWILL AND OT39

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
Schedule of Preliminary Purchase Price	PRELIMINARY PURCHASE PRICE (In millions) July 3, 2017 Cash consideration $ 7,498 Fair value of the Class A Shares in BHGE issued to Baker Hughes shareholders 17,300 Total consideration for Baker Hughes $ 24,798
Schedule of Preliminary Identifiable Assets Acquired and Liabilities Assumed	PRELIMINARY IDENTIFIABLE ASSETS ACQUIRED AND LIABILITIES ASSUMED (In millions) July 3, 2017 Cash and cash equivalents $ 4,133 Accounts receivable 2,378 Inventories 1,975 Property, plant, and equipment - net 4,048 Other intangible assets - net (a) 4,400 All other assets 1,314 Accounts payable (1,115 ) Borrowings (3,373 ) Deferred taxes (b) (825 ) All other liabilities (2,267 ) Total identifiable net assets 10,668 Fair value of existing noncontrolling interest (77 ) Goodwill (c) 14,207 Total allocated purchase price $ 24,798 (a) The estimated fair value of intangible assets and related useful lives in the preliminary purchase price allocation include: (In millions) Estimated fair value Estimated useful life (in years) Trademarks - Baker Hughes $ 2,000 Indefinite life Customer-related 1,300 15 Patents and technology 900 10 Trademarks - Other 200 10 Total $ 4,400 (b) Includes an increase of approximately $974 million primarily related to fair value adjustments to identifiable assets and liabilities (excluding goodwill). (c) The above goodwill represents future economic benefits expected to be recognized from combining the operations of GE Oil & Gas and Baker Hughes, including expected future synergies and operating efficiencies. Goodwill resulting from the acquisition has been allocated to our Oil & Gas reporting units, of which $67 million is deductible for tax purposes.
Schedule of Estimated Fair Value of Intangible Assets and Related Useful Lives in the Preliminary Purchase Price Allocation	The estimated fair value of intangible assets and related useful lives in the preliminary purchase price allocation include: (In millions) Estimated fair value Estimated useful life (in years) Trademarks - Baker Hughes $ 2,000 Indefinite life Customer-related 1,300 15 Patents and technology 900 10 Trademarks - Other 200 10 Total $ 4,400
Schedule of Unaudited Pro Forma Information	The following unaudited pro forma information has been presented as if the Baker Hughes transaction occurred on January 1, 2016. This information has been prepared by combining the historical results of the Company and historical results of Baker Hughes. The unaudited pro forma combined financial data for all periods presented were adjusted to give effect to proforma events that 1) are directly attributable to the aforementioned transaction, 2) factually supportable, and 3) expected to have a continuing impact on the consolidated results of operations. The unaudited combined pro forma results do not include any incremental cost savings that may result from the integration. The adjustments are based on information available to the Company at this time. Accordingly, the adjustments are subject to change and the impact of such changes may be material. The unaudited combined pro forma information is for informational purposes only. The pro forma information is not necessarily indicative of what the combined company’s results actually would have been had the acquisition been completed as of the beginning of the periods as indicated. In addition, the unaudited pro forma information does not purport to project the future results of the combined company. Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Revenues and other income $ 33,472 $ 31,617 $ 95,353 $ 98,029 Earnings (loss) from continuing operations 1,960 1,603 4,139 3,015
Schedule of Changes in Goodwill Balances	CHANGES IN GOODWILL BALANCES (In millions) January 1, 2017 Acquisitions Dispositions, Balance at Power $ 26,403 $ 55 $ (1,219 ) $ 25,239 Renewable Energy 2,507 1,503 230 4,240 Oil & Gas 10,363 14,207 315 24,885 Aviation 9,455 17 606 10,077 Healthcare 17,424 50 92 17,566 Transportation 899 — 26 925 Lighting 281 — 10 291 Capital 2,368 — 2 2,370 Corporate 739 722 16 1,476 Total $ 70,438 $ 16,553 $ 78 $ 87,068
Schedule of Finite-Lived Intangible Assets Subject to Amortization	OTHER INTANGIBLE ASSETS - NET (In millions) September 30, 2017 December 31, 2016 Intangible assets subject to amortization $ 19,345 $ 16,336 Indefinite-lived intangible assets(a) 2,090 100 Total $ 21,435 $ 16,436 (a) Indefinite-lived intangible assets principally comprise trademarks and in-process research and development. INTANGIBLE ASSETS SUBJECT TO AMORTIZATION September 30, 2017 December 31, 2016 (In millions) Gross carrying amount Accumulated amortization Net Gross carrying amount Accumulated amortization Net Customer-related $ 10,903 $ (2,909 ) $ 7,994 $ 9,172 $ (2,408 ) $ 6,764 Patents and technology 10,548 (3,646 ) 6,902 8,693 (3,325 ) 5,368 Capitalized software 8,268 (5,064 ) 3,204 7,652 (4,538 ) 3,114 Trademarks 1,426 (408 ) 1,018 1,165 (307 ) 858 Lease valuations 160 (76 ) 84 143 (59 ) 84 Present value of future profits(a) 709 (709 ) — 684 (684 ) — All other 245 (101 ) 144 273 (124 ) 149 Total $ 32,258 $ (12,912 ) $ 19,345 $ 27,781 $ (11,444 ) $ 16,336 (a) Balances at September 30, 2017 and December 31, 2016 include adjustments of $ 221 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) September 30, 2017 December 31, 2016 Intangible assets subject to amortization $ 19,345 $ 16,336 Indefinite-lived intangible assets(a) 2,090 100 Total $ 21,435 $ 16,436 (a) Indefinite-lived intangible assets principally comprise trademarks and in-process research and development.

CONTRACT ASSETS (Tables)

CONTRACT ASSETS (Tables)	9 Months Ended
	Sep. 30, 2017
Contractors [Abstract]
Schedule of Contract Assets	(In millions) September 30, 2017 December 31, 2016 GE Revenues in excess of billings Long-term product service agreements(a) $ 15,358 $ 12,752 Long-term equipment contract revenues(b) 7,187 5,859 Total revenues in excess of billings 22,545 18,611 Deferred inventory costs(c) 3,818 3,349 Non-recurring engineering costs(d) 2,345 2,185 Other 1,101 1,018 Contract assets $ 29,809 $ 25,162 (a) Long-term product service agreement balances are presented net of related billings in excess of revenues of $2,595 million and $3,750 million at September 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)	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Schedule of Short-term and Long-term Borrowings	(In millions) September 30, 2017 December 31, 2016 Short-term borrowings GE Commercial paper $ 2,000 $ 1,500 Current portion of long-term borrowings(d) 14,623 17,109 Other 2,125 1,874 Total GE short-term borrowings(a) 18,748 20,482 GE Capital U.S. Commercial paper 5,021 5,002 Current portion of long-term borrowings(b) 5,627 6,517 Intercompany payable to GE(c) 9,971 11,696 Other 561 229 Total GE Capital short-term borrowings 21,179 23,443 Eliminations(c) (11,800 ) (13,212 ) Total short-term borrowings $ 28,127 $ 30,714 Long-term borrowings GE Senior notes(d) $ 60,314 $ 54,396 Subordinated notes 2,938 2,768 Subordinated debentures(f) 382 719 Other 1,463 928 Total GE long-term borrowings(a) 65,097 58,810 GE Capital Senior notes 41,467 44,131 Subordinated notes 214 236 Intercompany payable to GE(e) 32,623 47,084 Other(b) 1,347 1,992 Total GE Capital long-term borrowings 75,651 93,443 Eliminations(e) (33,191 ) (47,173 ) Total long-term borrowings $ 107,557 $ 105,080 Non-recourse borrowings of consolidated securitization entities(g) $ 708 $ 417 Total borrowings $ 136,392 $ 136,210 (a) Excluding assumed debt of GE Capital, the total amount of GE borrowings was $41,252 million and $20,512 million at September 30, 2017 and December 31, 2016 , respectively. (b) Included $1,653 million and $2,665 million of funding secured by aircraft and other collateral at September 30, 2017 and December 31, 2016 , respectively, of which $477 million and $1,419 million is non-recourse to GE Capital at September 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 September 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 $9,971 million and $13,024 million at September 30, 2017 and December 31, 2016 , respectively. The remaining short-term loan balance was paid in January 2017. (d) Current portion of long-term borrowings and senior notes at September 30, 2017 included $202 million and $2,923 million , respectively, of borrowings issued by BHGE. (e) Included a reduction of $7,271 million and zero for long-term intercompany loans from GE Capital to GE at September 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 $39,893 million and $47,084 million at September 30, 2017 and December 31, 2016 , respectively. The $7,271 million of intercompany loans collectively have a weighted average interest rate of 3.5% and term of approximately 15 years. (f) 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. (g) Included $222 million and $320 million of current portion of long-term borrowings at September 30, 2017 and December 31, 2016 , respectively. See Note 17.

INVESTMENT CONTRACTS, INSURAN42

INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS (Tables)	9 Months Ended
	Sep. 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) September 30, 2017 December 31, 2016 Future policy benefit reserves(a) Life insurance and other contracts $ 10,125 $ 10,053 Long-term care insurance contracts 9,031 8,688 19,156 18,741 Investment contracts 2,606 2,813 Claim reserves(b) 4,927 4,606 Unearned premiums and other 416 386 27,105 26,546 Eliminations (508 ) (460 ) Total $ 26,597 $ 26,086 (a) Future policy benefit reserves are accounted for mainly by a net-level premium method using estimated yields generally ranging from 3.0% to 8.5% in both 2017 and 2016. (b) Includes $3,431 million and $3,129 million related to long term-care insurance contracts at September 30, 2017 and December 31, 2016, respectively.

POSTRETIREMENT BENEFIT PLANS (T

POSTRETIREMENT BENEFIT PLANS (Tables)	9 Months Ended
	Sep. 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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 267 $ 307 $ 810 $ 913 Prior service cost amortization 73 76 218 228 Expected return on plan assets (847 ) (837 ) (2,545 ) (2,507 ) Interest cost on benefit obligations 715 736 2,144 2,205 Net actuarial loss amortization 702 612 2,109 1,836 Curtailment loss (gain) — — 43 (a) (1 ) Pension plans cost $ 910 $ 894 $ 2,779 $ 2,674 (a) Curtailment loss resulting from our intent to sell the Industrial Solutions business within our Power segment. Other pension plans Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 156 $ 106 $ 430 $ 337 Prior service credit amortization (2 ) — (4 ) (1 ) Expected return on plan assets (324 ) (264 ) (919 ) (786 ) Interest cost on benefit obligations 158 172 445 512 Net actuarial loss amortization 110 68 320 197 Curtailment loss 11 — 11 (a) — Pension plans cost $ 109 $ 82 $ 283 $ 259 (a) Curtailment loss resulting from a Canadian manufacturing plant closure. EFFECT ON OPERATIONS OF PRINCIPAL RETIREE BENEFIT PLANS Principal retiree benefit plans Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Service cost for benefits earned $ 25 $ 32 $ 77 $ 84 Prior service credit amortization (42 ) (41 ) (128 ) (123 ) Expected return on plan assets (9 ) (11 ) (27 ) (33 ) Interest cost on benefit obligations 55 62 168 188 Net actuarial gain amortization (20 ) (12 ) (61 ) (39 ) Curtailment loss — — 3 (a) — Retiree benefit plans cost $ 9 $ 30 $ 32 $ 77 (a) Curtailment loss resulting from our intent to sell the Industrial Solutions business within our Power segment.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of Unrecognized Tax Benefits	UNRECOGNIZED TAX BENEFITS (In millions) September 30, 2017 December 31, 2016 Unrecognized tax benefits $ 5,281 $ 4,692 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 3,224 2,886 Accrued interest on unrecognized tax benefits 789 615 Accrued penalties on unrecognized tax benefits 157 118 Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months 0-800 0-600 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 0-700 0-500 (a) Some portion of such reduction may be reported as discontinued operations.

SHAREOWNERS' EQUITY (Tables)

SHAREOWNERS' EQUITY (Tables)	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Investment securities Beginning balance $ 866 $ 1,077 $ 674 $ 460 Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes of $45, $48, $204 and $352 54 97 363 675 Reclassifications from OCI – net of deferred taxes of $(17), $5, $(78) and $36 (32 ) 1 (150 ) 40 Other comprehensive income (loss)(a) 21 97 213 715 Less OCI attributable to noncontrolling interests 1 (2 ) 1 (1 ) Ending balance $ 887 $ 1,176 $ 887 $ 1,176 Currency translation adjustments (CTA) Beginning balance $ (5,481 ) $ (5,448 ) $ (6,816 ) $ (5,499 ) OCI before reclassifications – net of deferred taxes of $(407), $5, $(648) and $222 710 (280 ) 1,463 (138 ) Reclassifications from OCI – net of deferred taxes of $2, $(6), $(538) and $74 (196 ) 85 391 1 Other comprehensive income (loss)(a) 513 (194 ) 1,854 (138 ) Less OCI attributable to noncontrolling interests 125 0 131 6 Ending balance $ (5,092 ) $ (5,643 ) $ (5,092 ) $ (5,643 ) Cash flow hedges Beginning balance $ 22 $ (51 ) $ 12 $ (80 ) OCI before reclassifications – net of deferred taxes of $55, $(12), $53 and $(17) 175 (21 ) 239 (61 ) Reclassifications from OCI – net of deferred taxes of $(28), $6, $(37) and $7 (75 ) 52 (129 ) 121 Other comprehensive income (loss)(a) 100 30 109 60 Less OCI attributable to noncontrolling interests 3 — 3 — Ending balance $ 119 $ (21 ) $ 119 $ (21 ) Benefit plans Beginning balance $ (10,860 ) $ (10,476 ) $ (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 $(49), $49, $84 and $6 (132 ) 83 367 71 Net curtailment/settlement - net of deferred taxes of $3, $0, $19 and $0 8 — 38 (1 ) Prior service cost amortization – net of deferred taxes of $17, $22, $55 and $63 13 12 34 45 Net actuarial loss amortization – net of deferred taxes of $255, $216, $759 and $649 536 453 1,595 1,343 Other comprehensive income (loss)(a) 423 548 2,032 1,481 Less OCI attributable to noncontrolling interests (1 ) 6 (1 ) 5 Ending balance $ (10,436 ) $ (9,934 ) $ (10,436 ) $ (9,934 ) Accumulated other comprehensive income (loss) at September 30 $ (14,523 ) $ (14,422 ) $ (14,523 ) $ (14,422 ) (a) Total other comprehensive income (loss) was $1,058 million and $481 million in the three months ended September 30, 2017 and 2016 , respectively, and $4,209 million and $2,117 million in the nine months ended September 30, 2017 and 2016 respectively.
Schedule of Reclassification Out of AOCI	RECLASSIFICATION OUT OF AOCI Three months ended Nine months ended September 30 September 30 (In millions) 2017 2016 2017 2016 Statement of Earnings caption Available-for-sale securities Gains (losses) on securities $ 49 $ (6 ) $ 228 $ (76 ) Total revenues and other income(a) Income taxes (17 ) 5 (78 ) 36 Benefit (provision) for income taxes(b) Net of tax $ 32 $ (1 ) $ 150 $ (40 ) Currency translation adjustments Gains (losses) on dispositions $ 194 $ (79 ) $ 147 $ (74 ) Total revenues and other income(c) Income taxes 2 (6 ) (538 ) 74 Benefit (provision) for income taxes(d) Net of tax $ 196 $ (85 ) $ (391 ) $ (1 ) Cash flow hedges Gains (losses) on interest rate derivatives $ (6 ) $ (12 ) $ (21 ) $ (67 ) Interest and other financial charges Foreign exchange contracts 98 (43 ) 176 (47 ) (e) Other 12 (3 ) 13 (14 ) (f) Total before tax 104 (57 ) 167 (128 ) Income taxes (28 ) 6 (37 ) 7 Benefit (provision) for income taxes Net of tax $ 75 $ (52 ) $ 129 $ (121 ) Benefit plan items Curtailment gain (loss) $ (11 ) $ — $ (57 ) $ 1 (g) Amortization of prior service cost (30 ) (34 ) (89 ) (108 ) (g) Amortization of actuarial gains (losses) (791 ) (669 ) (2,354 ) (1,992 ) (g) Total before tax (832 ) (703 ) (2,500 ) (2,099 ) Income taxes 275 238 833 712 Benefit (provision) for income taxes Net of tax $ (557 ) $ (465 ) $ (1,667 ) $ (1,387 ) Total reclassification adjustments (net of tax) $ (254 ) $ (602 ) $ (1,779 ) $ (1,548 ) (h) (a) Included insignificant amount s for the three months ended September 30, 2017 and 2016 , and an insignificant amount and $(72) million for the nine months ended September 30, 2017 and 2016, respectively in earnings (loss) from discontinued operations, net of taxes. (b) Included an insignificant amount and $3 million for the three months ended September 30, 2017 and 2016 , and an insignificant amount and $34 million for the nine months ended September 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes. (c) Included zero and $(79) million for the three months ended September 30, 2017 and 2016 , and $32 m illion and $(8) million for the nine months ended September 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes. (d) Included zero and $(7) million for the three months ended September 30, 2017 and 2016 , and $(541) million and $73 million for the nine months ended September 30, 2017 and 2016 respectively in earnings (loss) from discontinued operations, net of taxes (e) Primarily includes $105 million and $(30) million in GE Capital revenues from services and $(8) million and $(13) million in interest and other financial charges in the three months ended September 30, 2017 and 2016 , respectively and $206 million and $1 million in GE Capital revenues from services and $(30) million and $(48) million in interest and other financial charges in the nine months ended September 30, 2017 and 2016, respectively. (f) Primarily recorded in costs and expenses. (g) Curtailment gain (loss), amortization of prior service cost and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 12 for further information. (h) Included $146 million after-tax reclassification of AOCI to additional paid in capital as a result of recognition of noncontrolling interest in GE Oil & Gas as part of Baker Hughes transaction for the three and nine months ended September 30, 2017.
Schedule of Changes to Noncontrolling Interests	CHANGES TO NONCONTROLLING INTERESTS Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Beginning balance $ 1,634 $ 1,693 $ 1,663 $ 1,864 Net earnings (loss) (93 ) 6 (73 ) (62 ) Dividends (99 ) (25 ) (130 ) (47 ) Dispositions (77 ) (53 ) (85 ) (94 ) Other (including AOCI)(a)(b)(c) 16,582 42 16,572 1 Ending balance at September 30 $ 17,947 $ 1,663 $ 17,947 $ 1,663 (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. (c) 2017 includes $16,470 million related to Baker Hughes transaction. See Note 8 for further information.
Schedule of Changes to Redeemable Noncontrolling Interests	CHANGES TO REDEEMABLE NONCONTROLLING INTERESTS Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Beginning balance $ 3,193 $ 3,070 $ 3,025 $ 2,972 Net earnings (loss) (49 ) (82 ) (158 ) (221 ) Dividends (12 ) (8 ) (22 ) (17 ) Redemption value adjustment 63 68 177 178 Other 248 3 419 138 Ending balance at September 30(a) $ 3,441 $ 3,051 $ 3,441 $ 3,051 (a) Included $3,106 million and $2,942 million related to the Alstom joint ventures at September 30, 2017 and 2016, respectively.

EARNINGS PER SHARE INFORMATION

EARNINGS PER SHARE INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Three months ended September 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) $ 1,935 $ 1,935 $ 2,127 $ 2,127 Preferred stock dividends (36 ) (36 ) (33 ) (33 ) Earnings from continuing operations attributable to common shareowners for per-share calculation(a)(b) $ 1,899 $ 1,899 $ 2,094 $ 2,094 Loss from discontinued operations for per-share calculation(a)(b) (109 ) (109 ) (100 ) (100 ) Net earnings attributable to GE common shareowners for per-share calculation(a)(b) $ 1,794 $ 1,794 $ 1,991 $ 1,991 Average equivalent shares Shares of GE common stock outstanding 8,665 8,665 8,904 8,904 Employee compensation-related shares (including stock options) 67 — 112 — Total average equivalent shares 8,732 8,665 9,016 8,904 Per-share amounts Earnings from continuing operations $ 0.22 $ 0.22 $ 0.23 $ 0.24 Loss from discontinued operations (0.01 ) (0.01 ) (0.01 ) (0.01 ) Net earnings 0.21 0.21 0.22 0.22 Nine months ended September 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) $ 4,336 $ 4,336 $ 6,110 $ 6,110 Preferred stock dividends (252 ) (252 ) (474 ) (474 ) Earnings from continuing operations attributable to common shareowners for per-share calculation(a)(b) $ 4,084 $ 4,084 $ 5,636 $ 5,636 Loss from discontinued operations for per-share calculation(a)(b) (507 ) (507 ) (956 ) (956 ) Net earnings attributable to GE common shareowners for per-share calculation(a)(b) $ 3,588 $ 3,587 $ 4,680 $ 4,680 Average equivalent shares Shares of GE common stock outstanding 8,689 8,689 9,096 9,096 Employee compensation-related shares (including stock options) 85 — 105 — Total average equivalent shares 8,774 8,689 9,201 9,096 Per-share amounts Earnings from continuing operations $ 0.47 $ 0.47 $ 0.61 $ 0.62 Loss from discontinued operations (0.06 ) (0.06 ) (0.10 ) (0.11 ) Net earnings 0.41 0.41 0.51 0.51 (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 September 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 September 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 nine months ended September 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 AND NON47

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 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. September 30, 2017 December 31, 2016 (In millions) Carrying Estimated Carrying Estimated GE Assets Investments and notes receivable $ 1,337 $ 1,404 $ 1,526 $ 1,595 Liabilities Borrowings(a)(b) 33,982 35,180 19,184 19,923 Borrowings (debt assumed)(a)(c) 49,864 56,894 60,109 66,998 GE Capital Assets Loans 19,994 20,069 21,060 20,830 Other commercial mortgages 1,490 1,576 1,410 1,472 Loans held for sale 1,063 1,063 473 473 Other financial instruments(d) 115 161 121 150 Liabilities Borrowings(a)(e)(f)(g) 54,945 59,327 58,523 62,024 Investment contracts 2,606 3,057 2,813 3,277 (a) See Note 10. (b) Included $ 230 million and $ 115 million of accrued interest in estimated fair value at September 30, 2017 and December 31, 2016 , respectively. (c) Included $ 575 million and $ 803 million of accrued interest in estimated fair value at September 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 September 30, 2017 and December 31, 2016 would have been reduced by $ 2,604 million and $ 2,397 million, respectively. (f) Included $ 764 million and $ 775 million of accrued interest in estimated fair value at September 30, 2017 and December 31, 2016 , respectively. (g) Excluded $ 42,593 million and $ 58,780 million of net intercompany payable to GE at September 30, 2017 and December 31, 2016 , respectively.
Schedule of Notional Amounts of Loan Commitments	NOTIONAL AMOUNTS OF LOAN COMMITMENTS (In millions) September 30, 2017 December 31, 2016 Ordinary course of business lending commitments(a) $ 1,729 $ 687 Unused revolving credit lines 232 238 (a) Excluded investment commitments of $ 451 million and $ 522 million at September 30, 2017 and December 31, 2016 , respectively.
Schedule of Non-Recurring Fair Value Amounts and Fair Value Adjustments	The following table represents non-recurring fair value amounts (as measured at the time of the adjustment) for those assets remeasured to fair value on a non-recurring basis during the fiscal year and still held at September 30, 2017 and December 31, 2016. Remeasured during Remeasured during (In millions) Level 2 Level 3 Level 2 Level 3 Financing receivables $ — $ 10 $ — $ 30 Cost and equity method investments — 60 — 103 Long-lived assets 277 743 17 1,055 Goodwill $ — $ 191 $ — $ — Total $ 277 $ 1,004 $ 17 $ 1,189 The following table represents the fair value adjustments to assets measured at fair value on a non-recurring basis and still held at September 30, 2017 and 2016 . Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Financing receivables $ (1 ) $ — $ (1 ) $ (14 ) Cost and equity method investments (58 ) (2 ) (89 ) (95 ) Long-lived assets (671 ) (21 ) (712 ) (161 ) Goodwill $ (947 ) $ — $ (947 ) $ — Total $ (1,676 ) $ (24 ) $ (1,748 ) $ (270 )
Schedule of Level 3 Measurements - Significant Unobservable Inputs	LEVEL 3 MEASUREMENTS - SIGNIFICANT UNOBSERVABLE INPUTS (Dollars in millions) Fair value Valuation technique Unobservable inputs Range September 30, 2017 Non-recurring fair value measurements Cost and equity method investments $ 51 Income approach Discount rate(a) 9.0%-40.0%(13.9)% Long-lived assets 508 Income approach Discount rate(a) 2.7%-17.0% (7.2%) December 31, 2016 Non-recurring fair value measurements Financing receivables $ 30 Income approach Discount rate(a) 2.5%-30.0% (20.3%) Cost and equity method investments 94 Income approach, Discount rate(a) 9.0%-30.0% (11.8%) Long-lived assets 683 Income approach Discount rate(a) 2.5%-20.0% (10.4%) Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value.
Schedule of Financial Statement Effects - Cash Flow Hedges	FINANCIAL STATEMENT EFFECTS - CASH FLOW HEDGES Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivatives increase (decrease) $ 225 $ 2 $ 281 $ (43 ) Shareowners' equity (increase) decrease (225 ) (2 ) (281 ) 43 Earnings (loss) related to ineffectiveness — — — — Earnings (loss) effect of derivatives(a) 104 (57 ) 167 (128 ) (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 September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivative increase (decrease) $ (148 ) $ (116 ) $ (430 ) $ 2,494 Adjustment to carrying amount of hedged debt (increase) decrease 103 37 267 (2,651 ) Earnings (loss) related to hedge ineffectiveness (45 ) (79 ) (162 ) (156 )
Schedule of Financial Statement Effects - Net Investment Hedges	FINANCIAL STATEMENT EFFECTS - NET INVESTMENT HEDGES Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Fair value of derivatives increase (decrease) $ (111 ) $ 107 $ (302 ) $ 154 Fair value of non-derivative instruments (increase) decrease (905 ) 475 (1,764 ) 425 Shareowners' equity (increase) decrease 1,020 (552 ) 2,082 (513 ) Earnings (loss) related to spot-forward differences and ineffectiveness 4 30 17 67 Earnings (loss) related to reclassification upon sale or liquidation(a) 18 47 78 (1,025 ) (a) Included zero and $47 million recorded in discontinued operations in the three months ended September 30, 2017 and 2016 and $59 million and $(1,026) million recorded in discontinued operations in the nine months ended September 30, 2017 and 2016 , respectively.
Schedule of Financial Statement Effects - Economic Hedges	FINANCIAL STATEMENT EFFECTS - ECONOMIC HEDGES Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance sheet changes Change in fair value of economic hedge increase (decrease) $ 663 $ (686 ) $ 1,304 $ (808 ) Change in carrying amount of item being hedged increase (decrease) (920 ) 380 (1,876 ) 182 Earnings (loss) effect of economic hedges(a) (257 ) (306 ) (572 ) (626 ) (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) September 30, 2017 December 31, 2016 Derivative assets $ 4,601 $ 5,467 Derivative liabilities (2,453 ) (4,883) Accrued interest 490 792 Cash collateral & credit valuation adjustment (1,816 ) (672) Net Derivatives 822 703 Securities held as collateral (437 ) (442) Net amount $ 385 $ 262
Schedule of Effects of Derivatives on Earnings	Three months ended September 30 Nine months ended September 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 $ 225 $ (225 ) $ — $ 281 $ (281 ) $ — Fair value hedges (148 ) 103 (45 ) (430 ) 267 (162 ) Net investment hedges(a) (1,016 ) 1,020 4 (2,065 ) 2,082 17 Economic hedges(b) 663 (920 ) (257 ) 1,304 (1,876 ) (572 ) Total $ (298 ) $ (717 ) 2016 Cash flow hedges $ 2 $ (2 ) $ — $ (43 ) $ 43 $ — Fair value hedges (116 ) 37 (79 ) 2,494 (2,651 ) (156 ) Net investment hedges(a) 582 (552 ) 30 580 (513 ) 67 Economic hedges(b) (686 ) 380 (306 ) (808 ) 182 (626 ) Total $ (355 ) $ (715 ) 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)	9 Months Ended
	Sep. 30, 2017
Variable Interest Entities [Abstract]
Schedule of Assets and Liabilities of Consolidated VIEs	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 September 30, 2017 Assets Financing receivables, net $ — $ — $ 919 $ 919 Current receivables 49 557 — 606 Investment securities — — 965 965 Other assets 541 1,273 1,895 3,709 Total $ 590 $ 1,830 $ 3,779 $ 6,199 Liabilities Borrowings $ 71 $ — $ 1,078 $ 1,149 Non-recourse borrowings — 693 16 709 Other liabilities 411 1,053 1,546 3,010 Total $ 482 $ 1,746 $ 2,640 $ 4,868 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, PROD49

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of Product Warranties	An analysis of changes in the liability for product warranties follows. Nine months ended September 30 (In millions) 2017 2016 Balance at January 1 $ 1,920 $ 1,723 Current-year provisions 615 539 Expenditures (601 ) (539 ) Other changes(a) 255 166 Balance as of September 30 $ 2,189 $ 1,889 ( a) Primarily includes effect of currency exchange and acquisitions.
Rollforward of the Reserve	ROLLFORWARD OF THE RESERVE Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 2017 2016 Balance, beginning of period $ 636 $ 860 $ 626 $ 875 Provision 11 — 21 84 Claim resolutions / rescissions — (195 ) — (294 ) Balance, end of period $ 647 $ 665 $ 647 $ 665

INTERCOMPANY TRANSACTIONS (Tabl

INTERCOMPANY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 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. Nine months ended September 30, 2017 (In millions) 2017 2016 Cash from (used for) operating activities-continuing operations Combined $ 6,103 $ 20,245 GE current receivables sold to GE Capital 1,402 675 GE Capital dividends to GE (4,016 ) (16,050 ) Other reclassifications and eliminations(a) 519 (1,024 ) Total cash from (used for) operating activities-continuing operations $ 4,008 $ 3,846 Cash from (used for) investing activities-continuing operations Combined $ 752 $ 47,548 GE current receivables sold to GE Capital (1,653 ) (622 ) GE debt effected through GE Capital 5,942 5,002 Other reclassifications and eliminations(a) (349 ) 1,631 Total cash from (used for) investing activities-continuing operations $ 4,692 $ 53,559 Cash from (used for) financing activities-continuing operations Combined $ (16,383 ) $ (85,578 ) GE current receivables sold to GE Capital 251 (54 ) GE Capital dividends to GE 4,016 16,050 GE debt effected through GE Capital (5,942 ) (5,002 ) Other reclassifications and eliminations(a) (170 ) (604 ) Total cash from (used for) financing activities-continuing operations $ (18,228 ) $ (75,188 ) (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 INFORMATI51

GUARANTOR FINANCIAL INFORMATION (Tables)	9 Months Ended
	Sep. 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 SEPTEMBER 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 $ 8,025 $ — $ — $ 40,741 $ (19,338 ) $ 29,428 Other income (loss) (1,152 ) — — 25,159 (21,861 ) 2,146 Equity in earnings (loss) of affiliates 5,672 — 1,019 21,123 (27,813 ) — GE Capital revenues from services — 176 209 2,785 (1,272 ) 1,898 Total revenues and other income (loss) 12,545 176 1,228 89,808 (70,284 ) 33,472 Costs and expenses Interest and other financial charges 1,671 168 542 1,279 (2,428 ) 1,232 Other costs and expenses 9,382 — — 40,253 (18,861 ) 30,774 Total costs and expenses 11,053 168 542 41,533 (21,290 ) 32,006 Earnings (loss) from continuing operations before income taxes 1,491 7 686 48,275 (48,994 ) 1,466 Benefit (provision) for income taxes 457 (1 ) — (59 ) (63 ) 334 Earnings (loss) from continuing operations 1,948 6 686 48,216 (49,058 ) 1,800 Earnings (loss) from discontinued operations, net of taxes (113 ) — (562 ) 4 565 (106 ) Net earnings (loss) 1,836 6 125 48,220 (48,493 ) 1,694 Less net earnings (loss) attributable to noncontrolling interests — — — (21 ) (121 ) (142 ) Net earnings (loss) attributable to the Company 1,836 6 125 48,241 (48,372 ) 1,836 Other comprehensive income (loss) 931 — (187 ) 19,935 (19,749 ) 931 Comprehensive income (loss) attributable to the Company $ 2,766 $ 6 $ (62 ) $ 68,176 $ (68,121 ) $ 2,766 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED SEPTEMBER 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 $ 8,194 $ — $ — $ 36,082 $ (17,462 ) $ 26,814 Other income (loss) 883 — — 35,578 (36,234 ) 227 Equity in earnings (loss) of affiliates 1,788 — 428 29,804 (32,019 ) — GE Capital revenues from services — 166 243 2,838 (1,023 ) 2,224 Total revenues and other income (loss) 10,865 166 671 104,302 (86,738 ) 29,266 Costs and expenses Interest and other financial charges 1,166 138 525 856 (1,724 ) 961 Other costs and expenses 8,498 — 16 36,101 (18,385 ) 26,230 Total costs and expenses 9,664 138 541 36,957 (20,109 ) 27,191 Earnings (loss) from continuing operations before income taxes 1,201 28 130 67,345 (66,630 ) 2,074 Benefit (provision) for income taxes 932 (3 ) (11 ) (951 ) 16 (18 ) Earnings (loss) from continuing operations 2,132 24 119 66,395 (66,614 ) 2,056 Earnings (loss) from discontinued operations, net of taxes (105 ) — (552 ) 224 328 (105 ) Net earnings (loss) 2,027 24 (433 ) 66,619 (66,286 ) 1,951 Less net earnings (loss) attributable to noncontrolling interests — — — (51 ) (25 ) (76 ) Net earnings (loss) attributable to the Company 2,027 24 (433 ) 66,670 (66,262 ) 2,027 Other comprehensive income (loss) 477 — 51 (711 ) 661 477 Comprehensive income (loss) attributable to the Company $ 2,504 $ 24 $ (382 ) $ 65,959 $ (65,601 ) $ 2,504 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 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 $ 24,897 $ — $ — $ 114,446 $ (57,448 ) $ 81,895 Other income (loss) (1,041 ) — — 57,784 (54,132 ) 2,611 Equity in earnings (loss) of affiliates 10,444 — 1,711 71,787 (83,942 ) — GE Capital revenues from services — 505 583 7,644 (2,548 ) 6,184 Total revenues and other income (loss) 34,301 505 2,294 251,661 (198,070 ) 90,691 Costs and expenses Interest and other financial charges 3,348 477 1,485 3,582 (5,348 ) 3,545 Other costs and expenses 27,567 — 22 113,764 (58,020 ) 83,334 Total costs and expenses 30,916 478 1,507 117,346 (63,368 ) 86,879 Earnings (loss) from continuing operations before income taxes 3,385 27 787 134,315 (134,702 ) 3,812 Benefit (provision) for income taxes 971 (3 ) 115 (758 ) (22 ) 303 Earnings (loss) from continuing operations 4,356 24 902 133,557 (134,724 ) 4,115 Earnings (loss) from discontinued operations, net of taxes (501 ) — (284 ) 7 287 (490 ) Net earnings (loss) 3,856 24 618 133,564 (134,437 ) 3,624 Less net earnings (loss) attributable to noncontrolling interests — — — (53 ) (178 ) (231 ) Net earnings (loss) attributable to the Company 3,856 24 618 133,617 (134,259 ) 3,856 Other comprehensive income (loss) 4,075 — 463 (7,059 ) 6,596 4,075 Comprehensive income (loss) attributable to the Company $ 7,931 $ 24 $ 1,081 $ 126,559 $ (127,663 ) $ 7,931 CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 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 $ 28,870 $ — $ — $ 108,043 $ (56,757 ) $ 80,156 Other income (loss) 845 — — 55,062 (52,522 ) 3,385 Equity in earnings (loss) of affiliates 7,923 — 1,093 58,732 (67,747 ) — GE Capital revenues from services — 762 1,262 9,182 (4,144 ) 7,063 Total revenues and other income (loss) 37,638 762 2,355 231,019 (181,170 ) 90,604 Costs and expenses Interest and other financial charges 2,828 685 2,133 4,027 (5,651 ) 4,023 Other costs and expenses 30,555 — 71 110,725 (60,906 ) 80,445 Total costs and expenses 33,383 686 2,204 114,752 (66,558 ) 84,467 Earnings (loss) from continuing operations before income taxes 4,255 76 150 116,267 (114,612 ) 6,137 Benefit (provision) for income taxes 1,862 (10 ) (58 ) (1,908 ) (189 ) (302 ) Earnings (loss) from continuing operations 6,118 67 93 114,359 (114,801 ) 5,835 Earnings (loss) from discontinued operations, net of taxes (954 ) — (1,547 ) 398 1,149 (954 ) Net earnings (loss) 5,164 67 (1,455 ) 114,757 (113,652 ) 4,881 Less net earnings (loss) attributable to noncontrolling interests — — — (143 ) (140 ) (283 ) Net earnings (loss) attributable to the Company 5,164 67 (1,455 ) 114,900 (113,512 ) 5,164 Other comprehensive income (loss) 2,107 (12 ) 114 136 (238 ) 2,107 Comprehensive income (loss) attributable to the Company $ 7,271 $ 55 $ (1,341 ) $ 115,036 $ (113,750 ) $ 7,271
Condensed Consolidating Statement of Financial Position	CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION SEPTEMBER 30, 2017 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Assets Cash and equivalents $ 737 $ — $ 3 $ 39,623 $ (509 ) $ 39,854 Investment securities 1 — — 40,298 (1,603 ) 38,696 Receivables - net 51,669 17,452 31,245 87,077 (144,082 ) 43,362 Inventories 5,264 — — 24,695 (4,112 ) 25,848 Property, plant and equipment - net 5,645 — — 49,754 (1,299 ) 54,101 Investment in subsidiaries(a) 297,324 — 80,506 695,869 (1,073,699 ) — Goodwill and intangible assets 6,812 — — 84,760 16,932 108,503 All other assets 27,636 44 387 214,163 (181,348 ) 60,882 Assets of discontinued operations — — — — 6,791 6,791 Total assets $ 395,089 $ 17,497 $ 112,142 $ 1,236,239 $ (1,382,929 ) $ 378,038 Liabilities and equity Short-term borrowings $ 183,427 $ — $ 46,537 $ 23,793 $ (225,630 ) $ 28,127 Accounts payable 9,672 — — 66,041 (60,807 ) 14,907 Other current liabilities 11,479 33 3 24,418 550 36,483 Long-term and non-recourse borrowings 72,193 16,724 34,810 53,517 (68,979 ) 108,265 All other liabilities 42,212 544 137 55,881 (7,003 ) 91,772 Liabilities of discontinued operations — — — — 990 990 Total Liabilities 318,984 17,302 81,488 223,650 (360,879 ) 280,544 Redeemable noncontrolling interests — — — 2,713 727 3,441 GE shareowners' equity 76,105 195 30,654 1,008,330 (1,039,179 ) 76,105 Noncontrolling interests — — — 1,545 16,402 17,947 Total equity 76,105 195 30,654 1,009,876 (1,022,777 ) 94,052 Total liabilities, redeemable noncontrolling interests and equity $ 395,089 $ 17,497 $ 112,142 $ 1,236,239 $ (1,382,929 ) $ 378,038 (a) Included within the subsidiaries of the Subsidiary Guarantor are cash and cash equivalent balances of $19,301 million and net assets of discontinued operations of $3,776 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 NINE MONTHS ENDED SEPTEMBER 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 $ (25,937 ) $ 39 $ (81 ) $ 193,403 $ (163,416 ) $ 4,008 Cash from (used for) operating activities - discontinued operations (501 ) — — 8 3 (490 ) Cash from (used for) operating activities (26,437 ) 39 (81 ) 193,411 (163,413 ) 3,518 Cash flows – investing activities Cash from (used for) investing activities – continuing operations (1,723 ) (39 ) 345 (257,130 ) 263,239 4,692 Cash from (used for) investing activities – discontinued operations — — — (2,349 ) — (2,349 ) Cash from (used for) investing activities (1,723 ) (39 ) 345 (259,479 ) 263,239 2,343 Cash flows – financing activities Cash from (used for) financing activities – continuing operations 26,339 — (265 ) 104,160 (148,463 ) (18,228 ) Cash from (used for) financing activities – discontinued operations — — — 1,905 — 1,905 Cash from (used for) financing activities 26,339 — (265 ) 106,065 (148,463 ) (16,323 ) Effect of currency exchange rate changes on cash and equivalents — — — 1,253 — 1,253 Increase (decrease) in cash and equivalents (1,821 ) — — 41,251 (48,638 ) (9,208 ) Cash and equivalents at beginning of year 2,558 — 3 (1,132 ) 48,129 49,558 Cash and equivalents at September 30 737 — 3 40,119 (509 ) 40,350 Less cash and equivalents of discontinued operations at September 30 — — — 496 — 496 Cash and equivalents of continuing operations at September 30 $ 737 $ — $ 3 $ 39,623 $ (509 ) $ 39,854 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 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 $ (14,847 ) $ 175 $ (121 ) $ 83,404 $ (64,766 ) $ 3,846 Cash from (used for) operating activities - discontinued operations (954 ) — — (4,366 ) (399 ) (5,719 ) Cash from (used for) operating activities (15,801 ) 175 (121 ) 79,038 (65,165 ) (1,873 ) Cash flows – investing activities Cash from (used for) investing activities – continuing operations 20,902 16,080 36,317 32,000 (51,740 ) 53,559 Cash from (used for) investing activities – discontinued operations — — — (12,056 ) — (12,056 ) Cash from (used for) investing activities 20,902 16,080 36,317 19,944 (51,740 ) 41,503 Cash flows – financing activities Cash from (used for) financing activities – continuing operations (6,894 ) (16,255 ) (36,194 ) (150,446 ) 134,601 (75,188 ) Cash from (used for) financing activities – discontinued operations — — — 295 — 295 Cash from (used for) financing activities (6,894 ) (16,255 ) (36,194 ) (150,151 ) 134,601 (74,893 ) Effect of currency exchange rate changes on cash and equivalents — — — (169 ) — (169 ) Increase (decrease) in cash and equivalents (1,792 ) — 3 (51,339 ) 17,696 (35,432 ) Cash and equivalents at beginning of year 4,137 — — 107,350 (20,609 ) 90,878 Cash and equivalents at September 30 2,344 — 3 56,011 (2,913 ) 55,445 Less cash and equivalents of discontinued operations at September 30 — — — 2,915 — 2,915 Cash and equivalents of continuing operations at September 30 $ 2,344 $ — $ 3 $ 53,095 $ (2,913 ) $ 52,530

SUPPLEMENTAL INFORMATION (Table

SUPPLEMENTAL INFORMATION (Tables)	9 Months Ended
	Sep. 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. Nine months ended September 30 (In millions) 2017 2016 GE All other operating activities (Gains) losses on purchases and sales of business interests(a) $ (1,968 ) $ (3,471 ) Contract assets (net)(b) (4,009 ) (3,035 ) Income taxes(c) (1,107 ) (1,318 ) Interest charges(d) 327 323 Principal pension plans(e) 1,179 2,520 Other(f) 1,636 169 $ (3,942 ) $ (4,812 ) Net dispositions (purchases) of GE shares for treasury Open market purchases under share repurchase program $ (3,394 ) $ (18,708 ) Other purchases (58 ) (430 ) Dispositions 831 1,168 $ (2,620 ) $ (17,969 ) (a) Included pre-tax gains on sales of businesses reclassified to Proceeds from principal business dispositions within Cash flows from investing activities of $(1,897) million for Water in the nine months ended September 30, 2017 , and $(3,130) million for Appliances and $(398) million for GE Asset Management in the nine months ended September 30, 2016 . (b) Contract assets are presented net of related billings in excess of revenues on our long-term product service agreements. See Note 9. (c) Reflected the effects of current tax expense (benefit) of $699 million and $953 million and net cash paid during the year for income taxes of $(1,806) million and $(2,271) million for the nine months ended September 30, 2017 and 2016 , respectively. Cash flows effects of deferred tax provisions (benefits) are shown separately within cash flows from operating activities. (d) Reflected the effects of interest expense of $1,918 million and $1,490 million and cash paid for interest of $(1,591) million and $(1,167) million for the nine months ended September 30, 2017 and 2016 , respectively. (e) Reflected the effects of pension costs of $2,779 million and $2,674 million and employer contributions of $(1,600) million and $(154) million for the nine months ended September 30, 2017 and 2016 , respectively. See Note 12. (f) Included a $512 million correction of investing cash flows used for the settlement of derivative instruments classified as operating during the the six months ended June 30, 2017. Therefore, operating cash flows were understated and investing cash flows were overstated during the the six months ended June 30, 2017.
Schedule of Fair Value of Derivatives	The table below summarizes this activity by hedging instrument. FAIR VALUE OF DERIVATIVES September 30, 2017 December 31, 2016 (In millions) Assets Liabilities Assets Liabilities Derivatives accounted for as hedges Interest rate contracts $ 2,663 $ 108 $ 3,106 $ 210 Currency exchange contracts 233 105 402 624 Other contracts — — — — 2,895 213 3,508 834 Derivatives not accounted for as hedges Interest rate contracts 74 6 62 20 Currency exchange contracts 1,499 2,187 1,778 4,011 Other contracts 132 46 119 17 1,705 2,240 1,958 4,048 Gross derivatives recognized in statement of financial position Gross derivatives 4,601 2,453 5,467 4,883 Gross accrued interest 491 — 768 (24 ) 5,091 2,454 6,234 4,859 Amounts offset in statement of financial position Netting adjustments(a) (1,802 ) (1,802 ) (3,097 ) (3,094 ) Cash collateral(b) (2,091 ) (276 ) (2,025 ) (1,355 ) (3,893 ) (2,078 ) (5,121 ) (4,449 ) Net derivatives recognized in statement of financial position Net derivatives 1,198 376 1,113 410 Amounts not offset in statement of financial position Securities held as collateral(c) (437 ) — (442 ) — Net amount $ 761 $ 376 $ 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 September 30, 2017 and December 31, 2016 , the cumulative adjustment for non-performance risk was insignificant and $(3) million , respectively. (b) Excluded excess cash collateral received and posted of $90 million and $151 million at September 30, 2017 , respectively, and $6 million and $177 million at December 31, 2016 , respectively. (c) Excluded excess securities collateral received of $42 million and zero at September 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 September 30 for the three months ended September 30 (In millions) 2017 2016 2017 2016 Interest rate contracts $ 1 $ 1 $ (6 ) $ (12 ) Currency exchange contracts 224 — 110 (46 ) Commodity contracts — 1 — — Total(a) $ 225 $ 2 $ 104 $ (57 ) CASH FLOW HEDGE ACTIVITY Gain (loss) recognized in AOCI Gain (loss) reclassified for the nine months ended September 30 for the nine months ended September 30 (In millions) 2017 2016 2017 2016 Interest rate contracts $ 3 $ 32 $ (21 ) $ (67 ) Currency exchange contracts 278 (76 ) 189 (59 ) Commodity contracts — 1 — (3 ) Total(a) $ 281 $ (43 ) $ 167 $ (128 ) (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)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Summary of Operating Segments	SUMMARY OF OPERATING SEGMENTS Three months ended September 30 Nine months ended September 30 (In millions) 2017 2016 V% 2017 2016 V% Revenues Power(a) $ 8,679 $ 8,995 (4) % $ 26,569 $ 25,664 4 % Renewable Energy 2,905 2,770 5 % 7,406 6,533 13 % Oil & Gas 5,365 2,964 81 % 11,475 9,497 21 % Aviation 6,816 6,300 8 % 20,153 19,074 6 % Healthcare 4,724 4,482 5 % 13,714 13,190 4 % Transportation 1,074 1,249 (14) % 3,185 3,471 (8 )% Lighting(a) 483 576 (16) % 1,442 4,239 (66 )% Total industrial segment revenues 30,046 27,335 10 % 83,943 81,667 3 % Capital 2,397 2,600 (8) % 7,525 8,256 (9 )% Total segment revenues 32,444 29,936 8 % 91,468 89,923 2 % Corporate items and eliminations 1,028 (670 ) (777 ) 681 Consolidated revenues $ 33,472 $ 29,266 14 % $ 90,691 $ 90,604 — % Segment profit (loss) Power(a) $ 611 $ 1,259 (51) % $ 2,526 $ 2,924 (14 )% Renewable Energy 257 202 27 % 524 413 27 % Oil & Gas(b) (36 ) 353 U 325 981 (67 )% Aviation 1,680 1,494 12 % 4,856 4,366 11 % Healthcare 820 717 14 % 2,289 2,130 7 % Transportation 276 309 (11) % 634 747 (15 )% Lighting(a) 23 (15 ) F 43 196 (78 )% Total industrial segment profit 3,630 4,320 (16) % 11,198 11,756 (5 )% Capital 24 26 (8 )% (195 ) (1,466 ) 87 % Total segment profit (loss) 3,654 4,345 (16 )% 11,003 10,290 7 % Corporate items and eliminations (1,095 ) (1,524 ) (4,687 ) (2,120 ) GE interest and other financial charges (718 ) (483 ) (1,918 ) (1,490 ) GE benefit (provision) for income taxes 64 (241 ) (297 ) (1,034 ) Earnings (loss) from continuing operations attributable to GE common shareowners 1,905 2,097 (9) % 4,101 5,645 (27 )% Earnings (loss) from discontinued operations, net of taxes (106 ) (105 ) (1 )% (490 ) (954 ) 49 % Less net earnings attributable to noncontrolling interests, discontinued operations (1 ) (2 ) 6 2 Earnings (loss) from discontinued operations, net of tax and noncontrolling interest (105 ) (103 ) (2 )% (497 ) (956 ) 48 % Consolidated net earnings (loss) attributable to the GE common shareowners $ 1,800 $ 1,994 (10) % $ 3,604 $ 4,689 (23 )% (a) Beginning in the third quarter of 2017, the Energy Connections business within the former Energy Connections & Lighting segment was combined with the Power segment and presented as one reporting segment called Power. As a result of this combination, our GE Lighting and Current, powered by GE (Current) businesses are now reported as a separate segment called Lighting. (b) Oil & Gas segment operating profit excluding restructuring and other charges was $231 million and $593 million for the three and nine months ended September 30, 2017, respectively.

BUSINESSES HELD FOR SALE AND 54

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Sep. 25, 2017	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets of business to be disposed of	$ 6,791	$ 6,791		$ 6,791			$ 14,815
Liabilities business to be disposed of	990	990		990			4,158
Proceeds from sale of business to Suez				1,018	$ 53,250
Held-for-sale, not discontinued operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets of business to be disposed of	2,369	2,369		2,369			1,745
Liabilities business to be disposed of	561	561		561			656
Discontinued operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets of business to be disposed of	6,791	6,791		6,791			14,815
Liabilities business to be disposed of	990	990		990			$ 4,158
After-tax gain recognized		14	$ (389)	$ (86)	$ (1,261)
Discontinued operations | Lower limit
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Term of various services under the TSAs				12 months
Discontinued operations | Maximum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Term of various services under the TSAs				24 months
Industrial Solutions | Power | Held-for-sale, not discontinued operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets of business to be disposed of						$ 2,220
Liabilities business to be disposed of						561
Consideration for business to be disposed of						$ 2,600
Water | Power | Not discontinued operations, disposed of by sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business to Suez	3,041
After-tax gain recognized		$ 1,872
Water | Power | GE Capital | Not discontinued operations, disposed of by sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sale of receivables from GE Capital to Suez	$ 122

BUSINESSES HELD FOR SALE AND 55

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Schedule of Financial Information for Assets and Liabilities of Businesses Held for Sale (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Assets
Assets	$ 6,791	$ 14,815
Liabilities
Liabilities	990	4,158
GE Capital
Assets
Assets	6,791	14,806
Liabilities
Liabilities	966	4,123
GE Capital | GE Capital
Assets
Current receivables	148	117
Held for sale
Assets
Current receivables	339	366
Inventories	361	211
Property, plant, and equipment – net	390	632
Goodwill	1,050	212
Other intangible assets – net	130	123
Contract assets	52	125
Other	46	76
Assets	2,369	1,745
Liabilities
Accounts payable	219	190
Progress collections and price adjustments accrued	21	141
Other current liabilities	131	133
Non-current compensation and benefits	152	82
Other	38	110
Liabilities	$ 561	$ 656

BUSINESSES HELD FOR SALE AND 56

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Schedule of Financial Information for Discontinued Operations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Disposal
Earnings (loss) from discontinued operations, net of taxes	$ (106)	$ (105)	$ (490)	$ (954)
Assets
Cash and equivalents	496	2,915	496	2,915
Assets	6,791		6,791		$ 14,815
Liabilities
Liabilities	990		990		4,158
Discontinued operations
Operations
Total revenues and other income (loss)	35	633	123	2,494
Earnings (loss) from discontinued operations before income taxes	(191)	6	(603)	(154)
Benefit (provision) for income taxes	71	278	198	460
Earnings (loss) from discontinued operations, net of taxes	(120)	284	(404)	306
Disposal
Gain (loss) on disposal before income taxes	22	(50)	3	(591)
Benefit (provision) for income taxes	(8)	(339)	(89)	(670)
Gain (loss) on disposal, net of taxes	14	(389)	(86)	(1,261)
Earnings (loss) from discontinued operations, net of taxes	(106)	(105)	(490)	(954)
Earnings (loss) from discontinued operations attributable to the Company, before income taxes	(168)	(43)	(606)	(746)
Assets
Cash and equivalents	496		496		1,429
Investment securities	1,131		1,131		2,626
Deferred income taxes	969		969		487
Financing receivables held for sale	3,631		3,631		8,547
Other assets	564		564		1,727
Assets	6,791		6,791		14,815
Liabilities
Accounts payable	51		51		164
Borrowings	0		0		2,076
Other liabilities	939		939		1,918
Liabilities	990		990		4,158
GE Capital
Disposal
Earnings (loss) from discontinued operations, net of taxes	(106)	(105)	(494)	(954)
Assets
Cash and equivalents	496	2,915	496	2,915
Assets	6,791		6,791		14,806
Liabilities
Liabilities	966		966		$ 4,123
GE Capital | Discontinued operations
Disposal
Current tax benefit (provision)	(63)	726	(386)	(154)
Deferred tax benefit (provision)	126	(787)	495	(56)
GE Capital | Discontinued operations | U.S. Federal
Disposal
Current tax benefit (provision)	$ 1	$ 678	$ (518)	$ 207

INVESTMENT SECURITIES - Schedul

INVESTMENT SECURITIES - Schedule of Investment Securities (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		$ 34,464		$ 34,464		$ 40,665
Gross unrealized gains		4,368		4,368		3,917
Gross unrealized losses		(136)		(136)		(269)
Estimated fair value		38,696		38,696		44,313
Investment securities		38,696		38,696		44,313
Trading securities included in estimated fair values		107		107		17
Net unrealized gains (losses) recorded to earnings related to trading securities		12	$ 1	41	$ (2)
U.S. corporate
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		20,255		20,255		20,049
Gross unrealized gains		3,594		3,594		3,081
Gross unrealized losses		(45)		(45)		(85)
Estimated fair value		23,804		23,804		23,046
Non-U.S. corporate
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		5,615		5,615		11,917
Gross unrealized gains		84		84		98
Gross unrealized losses		(13)		(13)		(27)
Estimated fair value		5,686		5,686		11,987
State and municipal
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		3,827		3,827		3,916
Gross unrealized gains		506		506		412
Gross unrealized losses		(49)		(49)		(92)
Estimated fair value		4,284		4,284		4,236
Mortgage and asset-backed
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		2,808		2,808		2,787
Gross unrealized gains		97		97		111
Gross unrealized losses		(19)		(19)		(37)
Estimated fair value		2,886		2,886		2,861
Government and agencies
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		1,769		1,769		1,842
Gross unrealized gains		74		74		160
Gross unrealized losses		(10)		(10)		(26)
Estimated fair value		1,833		1,833		1,976
Equity
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		191		191		154
Gross unrealized gains		13		13		55
Gross unrealized losses		0		0		(1)
Estimated fair value		204		204		208
GE
Schedule of Available-for-sale Securities [Line Items]
Investment securities	[1]	384		384		137
Equity securities		$ 149		$ 149		$ 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 - Narrati

INVESTMENT SECURITIES - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Pre-tax, other-than-temporary impairments on investment securities			$ 0	$ 28
Gross realized gains on available-for-sale investment securities	$ 54	$ 7	197	49
Gross realized losses	(5)	(12)	(9)	(52)
Proceeds from investment securities sales and early redemptions by issuers	659	$ 416	2,433	$ 1,283
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cost and equity method investments	$ 4,452		$ 4,452		$ 4,406

INVESTMENT SECURITIES - Sched59

INVESTMENT SECURITIES - Schedule of Estimated Fair Value and Gross Unrealized Losses of Available-For-Sale Investment Securities (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Estimated fair value
Less than 12 months	$ 2,805	$ 9,098
12 months or more	4,874	663
Gross unrealized losses
Less than 12 months	(41)	(157)
12 months or more	(95)	(111)
U.S. corporate
Estimated fair value
Less than 12 months	681	1,692
12 months or more	530	359
Gross unrealized losses
Less than 12 months	(17)	(55)
12 months or more	(28)	(30)
Non-U.S. corporate
Estimated fair value
Less than 12 months	581	5,352
12 months or more	3,591	14
Gross unrealized losses
Less than 12 months	(4)	(26)
12 months or more	(9)	(1)
State and municipal
Estimated fair value
Less than 12 months	125	674
12 months or more	270	158
Gross unrealized losses
Less than 12 months	(2)	(27)
12 months or more	(47)	(64)
Mortgage and asset-backed
Estimated fair value
Less than 12 months	821	822
12 months or more	227	132
Gross unrealized losses
Less than 12 months	(9)	(21)
12 months or more	(9)	(16)
Government and agencies
Estimated fair value
Less than 12 months	593	549
12 months or more	257	0
Gross unrealized losses
Less than 12 months	(9)	(26)
12 months or more	(1)	0
Equity
Estimated fair value
Less than 12 months	3	9
12 months or more	0	0
Gross unrealized losses
Less than 12 months	0	(1)
12 months or more	$ 0	$ 0

INVESTMENT SECURITIES - Sched60

INVESTMENT SECURITIES - Schedule of Contractual Maturities of Investment in Available-For-Sale Debt Securities (Excluding Mortgage and Asset-Backed Securities) (Details) $ in Millions	Sep. 30, 2017USD ($)
Amortized cost
Within one year	$ 5,342
After one year through five years	3,577
After five years through ten years	5,639
After ten years	16,994
Estimated fair value
Within one year	5,344
After one year through five years	3,796
After five years through ten years	6,171
After ten years	$ 20,395

CURRENT RECEIVABLES - Schedule

CURRENT RECEIVABLES - Schedule of Current Receivables (Details) - USD ($) $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current receivables		$ 26,045	$ 24,935
Allowance for losses		(1,019)	(858)
Total		25,026	24,076
Outstanding balance of current receivables		2,460	3,821
Receivables Facility
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred purchase price receivable		436	483
Outstanding balance of current receivables		2,903
Maximum exposure to under limited recourse arrangements		34	215
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current receivables		15,733	13,562
Allowance for losses		(1,008)	(847)
Total	[1]	14,725	12,715
GE Industrial customer receivables sold to a GE Capital affiliate		11,224	12,304
GE current receivables balances, before allowance for losses		9,912	8,927
GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0
Outstanding balance of current receivables		$ 1,284	$ 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 ($)	9 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Cash collections on previously sold current receivables	$ 14,729,000,000
Transferred receivables that remain outstanding	2,460,000,000	$ 3,821,000,000
GE Capital | GE Industrial customer receivables sold to GE Capital
Related Party Transaction [Line Items]
Current receivables sold to GE Capital	15,057,000,000
Loss resulting from discount on sale of receivables	100,000,000
Receivables Facility
Related Party Transaction [Line Items]
Revolving Receivables Facility	3,200,000,000
Cash collections on previously sold current receivables	12,681,000,000
Amount reinvested by the purchasing entities	461,000,000
Transferred receivables that remain outstanding	$ 2,903,000,000

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Raw materials and work in process	$ 13,939	$ 12,636
Finished goods	10,856	8,798
Unbilled shipments	531	536
Total inventories before revaluation to LIFO	25,327	21,971
Revaluation to LIFO	521	383
Total inventories	$ 25,848	$ 22,354

GE CAPITAL FINANCING RECEIVAB64

GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES - Schedule of Financing Receivables, Net (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – net	$ 12,228	$ 12,242
Financing Receivables Portfolio Segment | GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	24,962	26,099
Allowance for losses	(62)	(58)
Financing receivables – net	24,900	26,041
Financing Receivables Portfolio Segment | GE Capital | Loans, net of deferred income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	20,039	21,101
Financing Receivables Portfolio Segment | GE Capital | Investment in financing leases, net of deferred income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	$ 4,923	$ 4,998

GE CAPITAL FINANCING RECEIVAB65

GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES - Narrative (Details) - Financing Receivables Portfolio Segment - GE Capital - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables on nonaccrual	$ 317	$ 322
Percent of financing receivables on nonaccrual	1.30%	1.20%
Nonaccrual financing receivables currently paying in accordance with contractual terms	$ 271
Recorded investment in impaired loans	352	$ 262
Troubled debt restructurings included in impaired loans	137
Over 30 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables past due	$ 718	$ 811
Percent of financing receivables over 30 days past due	2.90%	3.10%
Over 90 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables past due	$ 165	$ 407
Percent of financing receivables over 90 days past due	0.70%	1.60%

PROPERTY, PLANT AND EQUIPMENT66

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Original cost	$ 91,421		$ 91,421		$ 85,875
Less accumulated depreciation and amortization	(37,321)		(37,321)		(35,356)
Property, plant and equipment – net	54,101		54,101		$ 50,518
Consolidated depreciation and amortization on property, plant and equipment	$ 1,397	$ 1,136	$ 3,715	$ 3,641

ACQUISITIONS, GOODWILL AND OT67

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - ACQUISITIONS (Narrative) (Details) - USD ($) $ in Millions	May 23, 2017	Apr. 20, 2017	Sep. 14, 2016	Aug. 16, 2016	May 10, 2016	Mar. 31, 2017	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Business Acquisition [Line Items]
Payment for acquisition							$ 6,053	$ 930
Goodwill							$ 87,068		$ 70,438
LM Wind Power
Business Acquisition [Line Items]
Payment for acquisition		$ 1,700
Goodwill		1,300
Amortizable intangible assets		$ 200
ServiceMax
Business Acquisition [Line Items]
Payment for acquisition						$ 867
Goodwill						670
Amortizable intangible assets						$ 280
Ownership interest acquired (as a percent)						96.00%
Cash acquired						$ 91
Previously held equity interest (as a percent)						4.00%
Meridium Inc.
Business Acquisition [Line Items]
Goodwill			$ 360
Amortizable intangible assets			$ 150
Ownership interest acquired (as a percent)			74.00%
Cash paid for acquisition			$ 369
Previously held equity interest (as a percent)			26.00%
Doosan Engineering & Construction
Business Acquisition [Line Items]
Payment for acquisition				$ 220	$ 250
Goodwill	$ 160
Amortizable intangible assets	$ 36
Ownership interest acquired (as a percent)	15.00%
Previously held equity interest (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 OT68

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - BAKER HUGHES (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions		Jul. 03, 2017	Sep. 30, 2017	Sep. 30, 2016
Business Acquisition [Line Items]
Increase in additional paid in capital	[1]		$ 1,199	$ (404)
BHGE Inc.
Business Acquisition [Line Items]
Increase in additional paid in capital			$ 1,131
BHGE Inc. | GE
Business Acquisition [Line Items]
Contribution to fund cash dividend to existing Baker Hughes shareholders		$ 7,498
Interest held in partnership (as a percent)		62.50%
Total consideration		$ 24,798
Noncontrolling interest recorded		$ 16,470
BHGE Inc. | GE | Class B Common Stock
Business Acquisition [Line Items]
Interest held in partnership (as a percent)		62.50%
BHGE Inc. | Baker Hughes
Business Acquisition [Line Items]
Interest held in partnership (as a percent)		37.50%
BHGE Inc. | New Baker Hughes | Baker Hughes
Business Acquisition [Line Items]
Special one-time cash dividend (in dollars per share)		$ 17.50
BHGE Inc. | New Baker Hughes | Baker Hughes | Class A Common Stock
Business Acquisition [Line Items]
Shares received at closing (in shares)		1
[1]	The Baker Hughes transaction resulted in an increase to additional paid in capital of $1,131 million. See Note 8 for further information.

ACQUISITIONS, GOODWILL AND OT69

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Preliminary Purchase Price (Details) - Baker Hughes $ in Millions	Jul. 03, 2017USD ($)
Business Acquisition [Line Items]
Cash consideration	$ 7,498
Fair value of the Class A Shares in BHGE issued to Baker Hughes shareholders	17,300
Total consideration for Baker Hughes	$ 24,798

ACQUISITIONS, GOODWILL AND OT70

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Preliminary Identifiable Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Jul. 03, 2017	Sep. 30, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Goodwill		$ 87,068	$ 70,438
Oil & Gas
Business Acquisition [Line Items]
Goodwill		$ 24,885	$ 10,363
Baker Hughes
Business Acquisition [Line Items]
Cash and cash equivalents	$ 4,133
Accounts receivable	2,378
Inventories	1,975
Property, plant, and equipment - net	4,048
Other intangible assets - net	4,400
All other assets	1,314
Accounts payable	(1,115)
Borrowings	(3,373)
Deferred taxes	(825)
All other liabilities	(2,267)
Total identifiable net assets	10,668
Fair value of existing noncontrolling interest	(77)
Goodwill	14,207
Total allocated purchase price	24,798
Increase primarily related to fair value adjustments to identifiable assets and liabilities (excluding goodwill)	974
Baker Hughes | Oil & Gas
Business Acquisition [Line Items]
Goodwill deductible for tax purposes	$ 67

ACQUISITIONS, GOODWILL AND OT71

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Estimated Fair Value of Intangible Assets and Related Useful Lives in the Preliminary Purchase Price Allocation (Details) - Baker Hughes $ in Millions	Jul. 03, 2017USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated fair value, finite-lived intangible assets acquired	$ 4,400
Trademarks - Other
Acquired Indefinite-lived Intangible Assets [Line Items]
Estimated fair value, indefinite-lived intangible assets	2,000
Customer-related
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated fair value, finite-lived intangible assets acquired	$ 1,300
Estimated useful life	15 years
Patents and technology
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated fair value, finite-lived intangible assets acquired	$ 900
Estimated useful life	10 years
Trademarks - Other
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated fair value, finite-lived intangible assets acquired	$ 200
Estimated useful life	10 years

ACQUISITIONS, GOODWILL AND OT72

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - INCOME TAXES (Narrative) (Details) - BHGE LLC $ in Millions	Jul. 03, 2017USD ($)
Business Acquisition [Line Items]
Share of tax benefits (as a percent)	100.00%
Tax obligations and benefits assumed
Business Acquisition [Line Items]
Tax obligations assumed related to the formation of the transaction	$ 35
GE
Business Acquisition [Line Items]
Economic ownership of the partnership (as a percent)	62.50%
Baker Hughes
Business Acquisition [Line Items]
Economic ownership of the partnership (as a percent)	37.50%

ACQUISITIONS, GOODWILL AND OT73

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - ACQUISITION COSTS (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2017
Business Combinations [Abstract]
Acquisition costs expensed as incurred	$ 159	$ 310

ACQUISITIONS, GOODWILL AND OT74

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - UNAUDITED ACTUAL AND PRO FORMA INFORMATION (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
BHGE LLC
Business Acquisition [Line Items]
Consolidated Revenues and other income related to the Baker Hughes contributed business	$ 2,541
Consolidated Earnings (loss) from continuing operations related to the Baker Hughes contributed business	$ (441)
Baker Hughes
Business Acquisition [Line Items]
Non-recurring contractually obligated termination fee, gross		$ 3,500
Non-recurring contractually obligated termination fee, net of related costs incurred		$ 3,320

ACQUISITIONS, GOODWILL AND OT75

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Unaudited Pro Forma Information (Details) - Baker Hughes - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Business Acquisition [Line Items]
Revenues and other income	$ 33,472	$ 31,617	$ 95,353	$ 98,029
Earnings (loss) from continuing operations	$ 1,960	$ 1,603	$ 4,139	$ 3,015

ACQUISITIONS, GOODWILL AND OT76

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Changes in Goodwill Balances (Details) $ in Millions	9 Months Ended
	Sep. 30, 2017USD ($)
Goodwill
Beginning balance	$ 70,438
Acquisitions	16,553
Dispositions, currency exchange and other	78
Ending balance	87,068
Power
Goodwill
Beginning balance	26,403
Acquisitions	55
Dispositions, currency exchange and other	(1,219)
Ending balance	25,239
Renewable Energy
Goodwill
Beginning balance	2,507
Acquisitions	1,503
Dispositions, currency exchange and other	230
Ending balance	4,240
Oil & Gas
Goodwill
Beginning balance	10,363
Acquisitions	14,207
Dispositions, currency exchange and other	315
Ending balance	24,885
Aviation
Goodwill
Beginning balance	9,455
Acquisitions	17
Dispositions, currency exchange and other	606
Ending balance	10,077
Healthcare
Goodwill
Beginning balance	17,424
Acquisitions	50
Dispositions, currency exchange and other	92
Ending balance	17,566
Transportation
Goodwill
Beginning balance	899
Acquisitions	0
Dispositions, currency exchange and other	26
Ending balance	925
Lighting
Goodwill
Beginning balance	281
Acquisitions	0
Dispositions, currency exchange and other	10
Ending balance	291
Capital
Goodwill
Beginning balance	2,368
Acquisitions	0
Dispositions, currency exchange and other	2
Ending balance	2,370
Corporate
Goodwill
Beginning balance	739
Acquisitions	722
Dispositions, currency exchange and other	16
Ending balance	$ 1,476

ACQUISITIONS, GOODWILL AND OT77

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - GOODWILL (Narrative) (Details) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2017USD ($)reporting_unit	Dec. 31, 2016USD ($)
Business Combinations [Abstract]
Increase in goodwill balances		$ 16,630
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Goodwill	$ 87,068	$ 87,068	$ 70,438
Lower limit
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate used in reporting unit valuations		10.00%
Upper limit
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate used in reporting unit valuations		18.00%
Power
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Non-cash, non-tax deductible goodwill impairment loss, before tax	947
Non-cash, non-tax deductible goodwill impairment loss, net of tax	940
Implied fair value	191	$ 191
Number of reporting units for which the fair value was not substantially in excess of its carrying value | reporting_unit		1
Goodwill	$ 25,239	$ 25,239	$ 26,403
Goodwill of Grid Solutions reporting unit (as a percent)	5.00%	5.00%
Power Conversion | Power
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value in excess of carrying value (as a percent)	2.00%	2.00%
Grid Solutions | Power
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value in excess of carrying value (as a percent)	3.00%	3.00%
Goodwill	$ 4,418	$ 4,418

ACQUISITIONS, GOODWILL AND OT78

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Other Intangible Assets - Net (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Business Combinations [Abstract]
Intangible assets subject to amortization	$ 19,345	$ 16,336
Indefinite-lived intangible assets	2,090	100
Total	$ 21,435	$ 16,436

ACQUISITIONS, GOODWILL AND OT79

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Intangible Assets Subject to Amortization (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 32,258	$ 27,781
Accumulated amortization	(12,912)	(11,444)
Net	19,345	16,336
Run-off insurance activities
Finite-Lived Intangible Assets [Line Items]
Adjustments to present value of future profits	221	241
Customer-related
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	10,903	9,172
Accumulated amortization	(2,909)	(2,408)
Net	7,994	6,764
Patents and technology
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	10,548	8,693
Accumulated amortization	(3,646)	(3,325)
Net	6,902	5,368
Capitalized software
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	8,268	7,652
Accumulated amortization	(5,064)	(4,538)
Net	3,204	3,114
Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,426	1,165
Accumulated amortization	(408)	(307)
Net	1,018	858
Lease valuations
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	160	143
Accumulated amortization	(76)	(59)
Net	84	84
Present value of future profits
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	709	684
Accumulated amortization	(709)	(684)
Net	0	0
All other
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	245	273
Accumulated amortization	(101)	(124)
Net	$ 144	$ 149

ACQUISITIONS, GOODWILL AND OT80

ACQUISITIONS, GOODWILL AND OTHER INTANGIBLE ASSETS - OTHER INTANGIBLE ASSETS (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Business Acquisition [Line Items]
Increase in intangible assets subject to amortization			$ 3,009
GE
Business Acquisition [Line Items]
Amortization expense related to intangible assets	$ 522	$ 405	1,424	$ 1,268
GE Capital
Business Acquisition [Line Items]
Amortization expense related to intangible assets	$ 16	$ 33	$ 50	$ 103

CONTRACT ASSETS - Schedule of C

CONTRACT ASSETS - Schedule of Contract Assets (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred inventory costs	$ 3,818	$ 3,349
Non-recurring engineering costs	2,345	2,185
Other	1,101	1,018
Contract assets	29,809	25,162
Related billings in excess of revenues	2,595	3,750
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total revenues in excess of billings	22,545	18,611
GE | Long-term product service agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total revenues in excess of billings	15,358	12,752
GE | Long-term equipment contract revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total revenues in excess of billings	$ 7,187	$ 5,859

CONTRACT ASSETS - Narrative (De

CONTRACT ASSETS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Increase in revenues in excess of billings, long-term service agreements			$ 2,606
Increase in revenues in excess of billings, long-term equipment contracts			1,328
Cumulative catch up adjustment driven by lower forecasted costs and increased forecasted revenue			1,930
Increase in long-term service agreements due to timing of revenue recognized for work performed relative to billings and collections			676
Increase in revenue in excess of billings for equipment contracts due to timing of revenue recognized for work performed relative to the timing of billing and collections			1,328
Remaining increase in contract assets primarily due to increase in deferred inventory costs and non-recurring engineering costs			712
Change in estimated profitability driven primarily by cost execution and increased productivity | Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Change in estimated profitability	$ 649	$ 588	$ 1,930	$ 1,714

BORROWINGS - Schedule of Short-

BORROWINGS - Schedule of Short-term and Long-term Borrowings, Short-term (Details) - USD ($)		9 Months Ended	12 Months Ended
		Sep. 30, 2017	Dec. 31, 2016	Dec. 02, 2015
Short-term borrowings
Total short-term borrowings		$ 28,127,000,000	$ 30,714,000,000
Eliminations		(11,800,000,000)	(13,212,000,000)
Long-term borrowings
Total long-term borrowings		107,557,000,000	105,080,000,000
Eliminations		(33,191,000,000)	(47,173,000,000)
Total borrowings		136,392,000,000	136,210,000,000
Amounts included in GE Capital		2,529,000,000
Total short-term assumed debt excluding intercompany loans		9,971,000,000	13,024,000,000
Total long-term assumed debt excluding intercompany loans		$ 39,893,000,000	47,084,000,000
Weighted average interest rate		3.50%
Weighted average term of intercompany loans		15 years
Current portion of long-term borrowings		$ 708,000,000	417,000,000
GE
Short-term borrowings
Total short-term borrowings		18,748,000,000	20,482,000,000
Long-term borrowings
Total long-term borrowings		65,097,000,000	58,810,000,000
GE | GE borrowings
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		41,252,000,000	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		14,623,000,000	17,109,000,000
GE | Other
Short-term borrowings
Total short-term borrowings		2,125,000,000	1,874,000,000
GE Capital
Short-term borrowings
Total short-term borrowings		21,179,000,000	23,443,000,000
Long-term borrowings
Total long-term borrowings		75,651,000,000	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		7,271,000,000	0
GE Capital | Funding secured by aircraft and other collateral
Long-term borrowings
Amounts included in GE Capital		1,653,000,000	2,665,000,000
GE Capital | Non-recourse to GE Capital
Long-term borrowings
Amounts included in GE Capital		477,000,000	1,419,000,000
GE Capital | Commercial paper
Short-term borrowings
Total short-term borrowings		5,021,000,000	5,002,000,000
GE Capital | Current portion of long-term borrowings
Short-term borrowings
Total short-term borrowings		5,627,000,000	6,517,000,000
GE Capital | Other
Short-term borrowings
Total short-term borrowings		561,000,000	229,000,000
GE Capital | Intercompany Payable To GE
Short-term borrowings
Total short-term borrowings		9,971,000,000	11,696,000,000
Consolidated securitization entities
Short-term borrowings
Total short-term borrowings	[1]	21,179,000,000	23,443,000,000
Long-term borrowings
Current portion of long-term borrowings		708,000,000	417,000,000
Consolidated securitization entities | Intercompany Payable To GE
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		42,593,000,000	58,780,000,000
Non-recourse borrowings of consolidated securitization entities | Current portion of long-term borrowings
Long-term borrowings
Current portion of long-term borrowings		222,000,000	320,000,000
Non-recourse borrowings of consolidated securitization entities | Consolidated securitization entities
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		44,526,000,000		$ 92,537,000,000
Intercompany Payable To GE | GE Capital
Long-term borrowings
Total long-term borrowings		32,623,000,000	47,084,000,000
Senior notes | GE
Long-term borrowings
Total long-term borrowings		60,314,000,000	54,396,000,000
Senior notes | GE Capital
Long-term borrowings
Total long-term borrowings		41,467,000,000	44,131,000,000
Senior notes | BHGE
Long-term borrowings
Current portion of long-term borrowings issued by Baker Hughes		202,000,000
Senior notes issued by Baker Hughes		2,923,000,000
Subordinated notes | GE
Long-term borrowings
Total long-term borrowings		2,938,000,000	2,768,000,000
Subordinated notes | GE Capital
Long-term borrowings
Total long-term borrowings		214,000,000	236,000,000
Subordinated debentures | GE
Long-term borrowings
Total long-term borrowings		382,000,000	719,000,000
Other | GE
Long-term borrowings
Total long-term borrowings		1,463,000,000	928,000,000
Other | GE Capital
Long-term borrowings
Total long-term borrowings		1,347,000,000	1,992,000,000
Non-recourse borrowings of consolidated securitization entities | Consolidated securitization entities
Long-term borrowings
Total long-term borrowings		$ 708,000,000	$ 417,000,000
[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 Shor84

BORROWINGS - Schedule of Short-term and Long-term Borrowings, Long-term (Details) - USD ($)		9 Months Ended	12 Months Ended
		Sep. 30, 2017	Dec. 31, 2016	Dec. 02, 2015
Short-term borrowings
Total short-term borrowings		$ 28,127,000,000	$ 30,714,000,000
Eliminations		(11,800,000,000)	(13,212,000,000)
Long-term borrowings
Total long-term borrowings		107,557,000,000	105,080,000,000
Eliminations		(33,191,000,000)	(47,173,000,000)
Total borrowings		136,392,000,000	136,210,000,000
Amounts included in GE Capital		2,529,000,000
Total short-term assumed debt excluding intercompany loans		9,971,000,000	13,024,000,000
Total long-term assumed debt excluding intercompany loans		$ 39,893,000,000	47,084,000,000
Weighted average interest rate		3.50%
Weighted average term of intercompany loans		15 years
Current portion of long-term borrowings		$ 708,000,000	417,000,000
GE
Short-term borrowings
Total short-term borrowings		18,748,000,000	20,482,000,000
Long-term borrowings
Total long-term borrowings		65,097,000,000	58,810,000,000
GE | GE borrowings
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		41,252,000,000	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		14,623,000,000	17,109,000,000
GE | Other
Short-term borrowings
Total short-term borrowings		2,125,000,000	1,874,000,000
GE Capital
Short-term borrowings
Total short-term borrowings		21,179,000,000	23,443,000,000
Long-term borrowings
Total long-term borrowings		75,651,000,000	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		7,271,000,000	0
GE Capital | Funding secured by aircraft and other collateral
Long-term borrowings
Amounts included in GE Capital		1,653,000,000	2,665,000,000
GE Capital | Non-recourse to GE Capital
Long-term borrowings
Amounts included in GE Capital		477,000,000	1,419,000,000
GE Capital | Commercial paper
Short-term borrowings
Total short-term borrowings		5,021,000,000	5,002,000,000
GE Capital | Current portion of long-term borrowings
Short-term borrowings
Total short-term borrowings		5,627,000,000	6,517,000,000
GE Capital | Intercompany Payable To GE
Short-term borrowings
Total short-term borrowings		9,971,000,000	11,696,000,000
GE Capital | Other
Short-term borrowings
Total short-term borrowings		561,000,000	229,000,000
Consolidated securitization entities
Short-term borrowings
Total short-term borrowings	[1]	21,179,000,000	23,443,000,000
Long-term borrowings
Current portion of long-term borrowings		708,000,000	417,000,000
Consolidated securitization entities | Intercompany Payable To GE
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		42,593,000,000	58,780,000,000
Non-recourse borrowings of consolidated securitization entities | Current portion of long-term borrowings
Long-term borrowings
Current portion of long-term borrowings		222,000,000	320,000,000
Non-recourse borrowings of consolidated securitization entities | Consolidated securitization entities
Long-term borrowings
GE borrowings excluding assumed debt of GE Capital		44,526,000,000		$ 92,537,000,000
Intercompany Payable To GE | GE Capital
Long-term borrowings
Total long-term borrowings		32,623,000,000	47,084,000,000
Senior notes | GE
Long-term borrowings
Total long-term borrowings		60,314,000,000	54,396,000,000
Senior notes | GE Capital
Long-term borrowings
Total long-term borrowings		41,467,000,000	44,131,000,000
Senior notes | BHGE
Long-term borrowings
Current portion of long-term borrowings issued by Baker Hughes		202,000,000
Senior notes issued by Baker Hughes		2,923,000,000
Subordinated notes | GE
Long-term borrowings
Total long-term borrowings		2,938,000,000	2,768,000,000
Subordinated notes | GE Capital
Long-term borrowings
Total long-term borrowings		214,000,000	236,000,000
Subordinated debentures | GE
Long-term borrowings
Total long-term borrowings		382,000,000	719,000,000
Other | GE
Long-term borrowings
Total long-term borrowings		1,463,000,000	928,000,000
Other | GE Capital
Long-term borrowings
Total long-term borrowings		1,347,000,000	1,992,000,000
Non-recourse borrowings of consolidated securitization entities | Consolidated securitization entities
Long-term borrowings
Total long-term borrowings		$ 708,000,000	$ 417,000,000
[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	Sep. 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 | $	$ 44,526		$ 92,537
Senior unsecured debt | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 8,000,000,000
Senior unsecured debt | 0.375% Notes due 2022 | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 1,750,000,000
Stated interest rate		0.375%
Senior unsecured debt | 0.875% Notes due 2025 | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 2,000,000,000
Stated interest rate		0.875%
Senior unsecured debt | 1.50% Notes due 2029 | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 2,250,000,000
Stated interest rate		1.50%
Senior unsecured debt | 2.125% Notes due 2037 | GE
Guarantor Obligations [Line Items]
Senior unsecured debt issued by GE		€ 2,000,000,000
Stated interest rate		2.125%

INVESTMENT CONTRACTS, INSURAN86

INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS - Schedule of Insurance and Investment Contract Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Future policy benefit reserves
Life insurance and other contracts	$ 10,125	$ 10,053
Long-term care insurance contracts	9,031	8,688
Future policy benefit reserves	19,156	18,741
Investment contracts	2,606	2,813
Claim reserves	4,927	4,606
Unearned premiums and other	416	386
Insurance and investment contract liabilities before eliminations	27,105	26,546
Eliminations	(508)	(460)
Total	26,597	26,086
Long-Duration Contracts, Assumptions by Product and Guarantee [Line Items]
Claim reserves related to long-term care insurance contracts	$ 4,927	$ 4,606
Minimum
Long-Duration Contracts, Assumptions by Product and Guarantee [Line Items]
Estimated yield (as a percent)	3.00%	3.00%
Maximum
Long-Duration Contracts, Assumptions by Product and Guarantee [Line Items]
Estimated yield (as a percent)	8.50%	8.50%
Long-term care insurance
Future policy benefit reserves
Claim reserves	$ 3,431	$ 3,129
Long-Duration Contracts, Assumptions by Product and Guarantee [Line Items]
Claim reserves related to long-term care insurance contracts	$ 3,431	$ 3,129

INVESTMENT CONTRACTS, INSURAN87

INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Insurance [Abstract]
Reinsurance recoverables	$ 2,182		$ 2,182		$ 2,038
Reinsurance recoveries	$ 104	$ 78	$ 339	$ 225

POSTRETIREMENT BENEFIT PLANS (D

POSTRETIREMENT BENEFIT PLANS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	$ 267	$ 307	$ 810	$ 913
Prior service cost (credit) amortization	73	76	218	228
Expected return on plan assets	(847)	(837)	(2,545)	(2,507)
Interest cost on benefit obligations	715	736	2,144	2,205
Net actuarial loss (gain) amortization	702	612	2,109	1,836
Curtailment loss (gain)	0	0	43	(1)
Plans cost	910	894	2,779	2,674
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	156	106	430	337
Prior service cost (credit) amortization	(2)	0	(4)	(1)
Expected return on plan assets	(324)	(264)	(919)	(786)
Interest cost on benefit obligations	158	172	445	512
Net actuarial loss (gain) amortization	110	68	320	197
Curtailment loss (gain)	11	0	11	0
Plans cost	109	82	283	259
Principal retiree benefit plans
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	25	32	77	84
Prior service cost (credit) amortization	(42)	(41)	(128)	(123)
Expected return on plan assets	(9)	(11)	(27)	(33)
Interest cost on benefit obligations	55	62	168	188
Net actuarial loss (gain) amortization	(20)	(12)	(61)	(39)
Curtailment loss (gain)	0	0	3	0
Plans cost	$ 9	$ 30	$ 32	$ 77

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Effective income tax rate	(7.90%)	4.90%
Unrecognized tax benefits	$ 5,281		$ 4,692
Portion that, if recognized, would reduce tax expense and effective tax rate	3,224		2,886
Accrued interest on unrecognized tax benefits	789		615
Accrued penalties on unrecognized tax benefits	157		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	700		500
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months	$ 800		$ 600

SHAREOWNERS' EQUITY - Schedule

SHAREOWNERS' EQUITY - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance			$ 77,491
Reclassifications from OCI – net of deferred taxes	$ 254	$ 602	1,779	$ 1,548
Other comprehensive income (loss)	1,058	481	4,209	2,117
Less OCI attributable to noncontrolling interests	127	5	134	10
Accumulated other comprehensive income (loss) at September 30	94,052	83,544	94,052	83,544
Investment securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	866	1,077	674	460
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	54	97	363	675
Reclassifications from OCI – net of deferred taxes	(32)	1	(150)	40
Other comprehensive income (loss)	21	97	213	715
Less OCI attributable to noncontrolling interests	1	(2)	1	(1)
Accumulated other comprehensive income (loss) at September 30	887	1,176	887	1,176
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	45	48	204	352
Deferred taxes, reclassifications from OCI	(17)	5	(78)	36
Currency translation adjustments (CTA)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(5,481)	(5,448)	(6,816)	(5,499)
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	710	(280)	1,463	(138)
Reclassifications from OCI – net of deferred taxes	(196)	85	391	1
Other comprehensive income (loss)	513	(194)	1,854	(138)
Less OCI attributable to noncontrolling interests	125	0	131	6
Accumulated other comprehensive income (loss) at September 30	(5,092)	(5,643)	(5,092)	(5,643)
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	(407)	5	(648)	222
Deferred taxes, reclassifications from OCI	2	(6)	(538)	74
Cash flow hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	22	(51)	12	(80)
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	175	(21)	239	(61)
Reclassifications from OCI – net of deferred taxes	(75)	52	(129)	121
Other comprehensive income (loss)	100	30	109	60
Less OCI attributable to noncontrolling interests	3	0	3	0
Accumulated other comprehensive income (loss) at September 30	119	(21)	119	(21)
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	55	(12)	53	(17)
Deferred taxes, reclassifications from OCI	(28)	6	(37)	7
Benefit plans
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	(10,860)	(10,476)	(12,469)	(11,410)
Reclassifications from OCI – net of deferred taxes	557	465	1,667	1,387
Other comprehensive income (loss)	423	548	2,032	1,481
Less OCI attributable to noncontrolling interests	(1)	6	(1)	5
Accumulated other comprehensive income (loss) at September 30	(10,436)	(9,934)	(10,436)	(9,934)
Deferred taxes, reclassifications from OCI	275	238	833	712
Prior service credit (costs)/Prior service cost amortization - net of deferred taxes
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
Reclassifications from OCI – net of deferred taxes	13	12	34	45
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	0	0	0	5
Deferred taxes, reclassifications from OCI	17	22	55	63
Net actuarial gain (loss)/Net actuarial loss amortization – net of deferred taxes
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	(132)	83	367	71
Reclassifications from OCI – net of deferred taxes	536	453	1,595	1,343
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	(49)	49	84	6
Deferred taxes, reclassifications from OCI	255	216	759	649
Net curtailment/settlement - net of deferred taxes of $X, $0, $X and $0
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes	8	0	38	(1)
Deferred taxes, other comprehensive income (loss) (OCI) before reclassifications	3	0	19	0
Accumulated other comprehensive income (loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Accumulated other comprehensive income (loss) at September 30	$ (14,523)	$ (14,422)	$ (14,523)	$ (14,422)

SHAREOWNERS' EQUITY - Schedul91

SHAREOWNERS' EQUITY - Schedule of Reclassification Out of AOCI (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total revenues and other income	$ 33,472,000,000	$ 29,266,000,000	$ 90,691,000,000	$ 90,604,000,000
Benefit (provision) for income taxes	334,000,000	(18,000,000)	303,000,000	(302,000,000)
Earnings (loss) from continuing operations	1,800,000,000	2,056,000,000	4,115,000,000	5,835,000,000
Interest and other financial charges	1,232,000,000	961,000,000	3,545,000,000	4,023,000,000
GE Capital revenues from services	1,898,000,000	2,224,000,000	6,184,000,000	7,063,000,000
Other	32,006,000,000	27,191,000,000	86,879,000,000	84,467,000,000
Earnings (loss) from continuing operations before income taxes	1,466,000,000	2,074,000,000	3,812,000,000	6,137,000,000
Total reclassification adjustments (net of tax)	(254,000,000)	(602,000,000)	(1,779,000,000)	(1,548,000,000)
Available-for-sale securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, Benefit (provision) for income taxes	(17,000,000)	5,000,000	(78,000,000)	36,000,000
Total reclassification adjustments (net of tax)	32,000,000	(1,000,000)	150,000,000	(40,000,000)
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	49,000,000	(6,000,000)	228,000,000	(76,000,000)
Benefit (provision) for income taxes	(17,000,000)	5,000,000	(78,000,000)	36,000,000
Earnings (loss) from continuing operations	32,000,000	(1,000,000)	150,000,000	(40,000,000)
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	0	0	(72,000,000)
Benefit (provision) for income taxes	0	3,000,000	0	34,000,000
Currency translation adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, Benefit (provision) for income taxes	2,000,000	(6,000,000)	(538,000,000)	74,000,000
Total reclassification adjustments (net of tax)	196,000,000	(85,000,000)	(391,000,000)	(1,000,000)
Currency translation adjustments | Discontinued operations
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total revenues and other income	0	(79,000,000)	32,000,000	(8,000,000)
Benefit (provision) for income taxes	0	(7,000,000)	(541,000,000)	73,000,000
Currency translation adjustments | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total revenues and other income	194,000,000	(79,000,000)	147,000,000	(74,000,000)
Benefit (provision) for income taxes	2,000,000	(6,000,000)	(538,000,000)	74,000,000
Earnings (loss) from continuing operations	196,000,000	(85,000,000)	(391,000,000)	(1,000,000)
Cash flow hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, Benefit (provision) for income taxes	(28,000,000)	6,000,000	(37,000,000)	7,000,000
Total reclassification adjustments (net of tax)	75,000,000	(52,000,000)	129,000,000	(121,000,000)
Cash flow hedges | Foreign exchange contracts | Discontinued operations
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest and other financial charges	(8,000,000)	(13,000,000)	(30,000,000)	(48,000,000)
GE Capital revenues from services	105,000,000	(30,000,000)	206,000,000	1,000,000
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	(28,000,000)	6,000,000	(37,000,000)	7,000,000
Earnings (loss) from continuing operations	75,000,000	(52,000,000)	129,000,000	(121,000,000)
Earnings (loss) from continuing operations before income taxes	104,000,000	(57,000,000)	167,000,000	(128,000,000)
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	(6,000,000)	(12,000,000)	(21,000,000)	(67,000,000)
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	98,000,000	(43,000,000)	176,000,000	(47,000,000)
Cash flow hedges | Reclassification out of Accumulated Other Comprehensive Income | Other
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other	12,000,000	(3,000,000)	13,000,000	(14,000,000)
Benefit plan items
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, reclassifications	(832,000,000)	(703,000,000)	(2,500,000,000)	(2,099,000,000)
Benefit plan items, Benefit (provision) for income taxes	275,000,000	238,000,000	833,000,000	712,000,000
Total reclassification adjustments (net of tax)	(557,000,000)	(465,000,000)	(1,667,000,000)	(1,387,000,000)
Curtailment gain (loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, reclassifications	(11,000,000)	0	(57,000,000)	1,000,000
Amortization of prior service cost
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, reclassifications	(30,000,000)	(34,000,000)	(89,000,000)	(108,000,000)
Benefit plan items, Benefit (provision) for income taxes	17,000,000	22,000,000	55,000,000	63,000,000
Total reclassification adjustments (net of tax)	(13,000,000)	(12,000,000)	(34,000,000)	(45,000,000)
Amortization of actuarial gains (losses)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Benefit plan items, reclassifications	(791,000,000)	(669,000,000)	(2,354,000,000)	(1,992,000,000)
Benefit plan items, Benefit (provision) for income taxes	255,000,000	216,000,000	759,000,000	649,000,000
Total reclassification adjustments (net of tax)	(536,000,000)	$ (453,000,000)	(1,595,000,000)	$ (1,343,000,000)
Additional paid in capital
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassification adjustments (net of tax)	$ 146,000,000		$ 146,000,000

SHAREOWNERS' EQUITY - Schedul92

SHAREOWNERS' EQUITY - Schedule of Changes to Noncontrolling Interests (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2017		Sep. 30, 2016	Sep. 30, 2017		Sep. 30, 2016
Stockholders' Equity Attributable to Noncontrolling Interest
Beginning balance	$ 1,634		$ 1,693	$ 1,663	[1]	$ 1,864
Net earnings (loss)	(93)		6	(73)		(62)
Dividends	(99)		(25)	(130)		(47)
Dispositions	(77)		(53)	(85)		(94)
Other (including AOCI)	16,582		42	16,572		1
Ending balance at September 30	17,947	[1]	$ 1,663	17,947	[1]	1,663
GEAM
Stockholders' Equity Attributable to Noncontrolling Interest
Other (including AOCI)						$ (123)
Baker Hughes
Stockholders' Equity Attributable to Noncontrolling Interest
Other (including AOCI)	$ 16,470			$ 16,470
[1]	Included AOCI attributable to noncontrolling interests of $(144) million and $(278) million at September 30, 2017 and December 31, 2016, respectively.

SHAREOWNERS' EQUITY - Narrative

SHAREOWNERS' EQUITY - Narrative (Details)	Nov. 02, 2015joint_venture	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)joint_venture	Sep. 30, 2016USD ($)
Equity [Abstract]
Number of joint ventures formed as part of the Alstom acquisition | joint_venture	3			4
Related Party Transaction [Line Items]
Cash dividends from GE Capital to GE				$ 4,016,000,000	$ 16,050,000,000
Dividends on GE preferred stock		36,000,000	$ 33,000,000	252,000,000	474,000,000
Cash dividends on GE preferred stock				147,000,000	$ 184,000,000
GE Capital | GE
Related Party Transaction [Line Items]
Dividends from GE Capital to GE		$ 0	$ 5,050,000,000	$ 4,105,000,000

SHAREOWNERS' EQUITY - Schedul94

SHAREOWNERS' EQUITY - Schedule of Changes to Redeemable Noncontrolling Interests (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Stockholders' Equity Attributable to Noncontrolling Interest
Beginning balance	$ 3,193	$ 3,070	$ 3,025	$ 2,972	$ 2,972
Net earnings (loss)	(49)	(82)	(158)	(221)
Dividends	(12)	(8)	(22)	(17)
Redemption value adjustment	63	68	177	178
Other	248	3	419	138
Ending balance	$ 3,441	3,051	3,441	3,051	3,025
Alstom Acquisition
Stockholders' Equity Attributable to Noncontrolling Interest
Ending balance		$ 2,942		$ 2,942
Alstom Acquisition
Stockholders' Equity Attributable to Noncontrolling Interest
Redeemable non-controlling interest			$ 3,106		$ 2,709

EARNINGS PER SHARE INFORMATIO95

EARNINGS PER SHARE INFORMATION (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Diluted
Earnings from continuing operations for per-share calculation	$ 1,935	$ 2,127	$ 4,336	$ 6,110
Preferred stock dividends	(36)	(33)	(252)	(474)
Earnings from continuing operations attributable to common shareowners for per-share calculation	1,899	2,094	4,084	5,636
Loss from discontinued operations for per-share calculation	(109)	(100)	(507)	(956)
Net earnings attributable to GE common shareowners for per-share calculation	$ 1,794	$ 1,991	$ 3,588	$ 4,680
Shares of GE common stock outstanding	8,665	8,904	8,689	9,096
Employee compensation-related shares (including stock options)	67	112	85	105
Total average equivalent shares	8,732	9,016	8,774	9,201
Earnings from continuing operations (in dollars per share)	$ 0.22	$ 0.23	$ 0.47	$ 0.61
Loss from discontinued operations (in dollars per share)	(0.01)	(0.01)	(0.06)	(0.10)
Net earnings (in dollars per share)	$ 0.21	$ 0.22	$ 0.41	$ 0.51
Basic
Earnings from continuing operations for per-share calculation	$ 1,935	$ 2,127	$ 4,336	$ 6,110
Preferred stock dividends	(36)	(33)	(252)	(474)
Earnings from continuing operations attributable to common shareowners for per-share calculation	1,899	2,094	4,084	5,636
Loss from discontinued operations for per-share calculation	(109)	(100)	(507)	(956)
Net earnings attributable to GE common shareowners for per-share calculation	$ 1,794	$ 1,991	$ 3,587	$ 4,680
Shares of GE common stock outstanding	8,665	8,904	8,689	9,096
Employee compensation-related shares (including stock options)	0	0	0	0
Total average equivalent shares	8,665	8,904	8,689	9,096
Earnings from continuing operations (in dollars per share)	$ 0.22	$ 0.24	$ 0.47	$ 0.62
Loss from discontinued operations (in dollars per share)	(0.01)	(0.01)	(0.06)	(0.11)
Net earnings (in dollars per share)	$ 0.21	$ 0.22	$ 0.41	$ 0.51
Outstanding stock awards not included in the computation of diluted earnings per share (in shares)	82	15	48	24

FINANCIAL INSTRUMENTS AND NON96

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Information About Assets and Liabilities Not Carried at Fair Value (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Liabilities
Borrowings (debt assumed)	$ 136,392	$ 136,210
Reduction to fair value of borrowings had interest rate and currency derivatives been excluded	2,604	2,397
GE | Intercompany Payable To GE
Liabilities
Accrued interest on borrowings (debt assumed)	575	803
GE Capital
Liabilities
Accrued interest on borrowings (debt assumed)	230	115
GE Capital | Intercompany Payable To GE
Liabilities
Borrowings	42,593	58,780
Accrued interest on borrowings (debt assumed)	764	775
Carrying amount (net) | GE
Assets
Investments and notes receivable	1,337	1,526
Liabilities
Borrowings	33,982	19,184
Borrowings (debt assumed)	49,864	60,109
Carrying amount (net) | GE Capital
Assets
Loans	19,994	21,060
Other commercial mortgages	1,490	1,410
Loans held for sale	1,063	473
Other financial instruments	115	121
Liabilities
Borrowings	54,945	58,523
Investment contracts	2,606	2,813
Estimated fair value | GE
Assets
Investments and notes receivable	1,404	1,595
Liabilities
Borrowings	35,180	19,923
Borrowings (debt assumed)	56,894	66,998
Estimated fair value | GE Capital
Assets
Loans	20,069	20,830
Other commercial mortgages	1,576	1,472
Loans held for sale	1,063	473
Other financial instruments	161	150
Liabilities
Borrowings	59,327	62,024
Investment contracts	$ 3,057	$ 3,277

FINANCIAL INSTRUMENTS AND NON97

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Notional Amounts of Loan Commitments (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Ordinary course of business lending commitments	$ 1,729	$ 687
Unused revolving credit lines	232	238
Excluded investment commitments	$ 451	$ 522

FINANCIAL INSTRUMENTS AND NON98

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Non-Recurring Fair Value Amounts (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cost and equity method investments	$ 4,452	$ 4,406
Non-recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivables	0	0
Cost and equity method investments	0	0
Long-lived assets	277	17
Goodwill	0	0
Total	277	17
Non-recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financing receivables	10	30
Cost and equity method investments	60	103
Long-lived assets	743	1,055
Goodwill	191	0
Total	$ 1,004	$ 1,189

FINANCIAL INSTRUMENTS AND NON99

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Non-Recurring Fair Value Adjustments (Details) - Non-recurring - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value adjustments to assets	$ (1,676)	$ (24)	$ (1,748)	$ (270)
Financing receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value adjustments to assets	(1)	0	(1)	(14)
Cost and equity method investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value adjustments to assets	(58)	(2)	(89)	(95)
Long-lived assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value adjustments to assets	(671)	(21)	(712)	(161)
Goodwill
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value adjustments to assets	$ (947)	$ 0	$ (947)	$ 0

FINANCIAL INSTRUMENTS AND NO100

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Level 3 Measurements - Significant Unobservable Inputs (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Cost and equity method investments	$ 4,452	$ 4,406
Lower limit
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate	10.00%
Upper limit
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate	18.00%
Non-recurring | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Cost and equity method investments	$ 60	103
Long-lived assets	743	1,055
Financing receivables	10	30
Income approach | Non-recurring | Cost and equity method investments | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Cost and equity method investments	$ 51	$ 94
Income approach | Non-recurring | Cost and equity method investments | Lower limit | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate	9.00%	9.00%
Income approach | Non-recurring | Cost and equity method investments | Upper limit | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate	40.00%	30.00%
Income approach | Non-recurring | Cost and equity method investments | Weighted-average | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate	13.90%	11.80%
Income approach | Non-recurring | Long-lived assets | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Long-lived assets	$ 508	$ 683
Income approach | Non-recurring | Long-lived assets | Lower limit | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate	2.70%	2.50%
Income approach | Non-recurring | Long-lived assets | Upper limit | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate	17.00%	20.00%
Income approach | Non-recurring | Long-lived assets | Weighted-average | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate	7.20%	10.40%
Income approach | Non-recurring | Financing receivables, net | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Financing receivables		$ 30
Income approach | Non-recurring | Financing receivables, net | Lower limit | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate		2.50%
Income approach | Non-recurring | Financing receivables, net | Upper limit | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate		30.00%
Income approach | Non-recurring | Financing receivables, net | Weighted-average | Level 3
Fair Value, Assets Measured on Non-Recurring Basis, Unobservable Input Reconciliation [Table] [Line Items]
Discount rate		20.30%

FINANCIAL INSTRUMENTS AND NO101

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Outstanding notional amount	$ 185,000
Level 3
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Non-recurring measurements	$ 252	$ 379

FINANCIAL INSTRUMENTS AND NO102

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Financial Statement Effects - Cash Flow Hedges (Details) - Cash Flow Hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Balance sheet changes
Fair value of derivatives increase (decrease)	$ 225	$ 2	$ 281	$ (43)
Shareowners' equity (increase) decrease	(225)	(2)	(281)	43
Earnings (loss) related to ineffectiveness	0	0	0	0
Earnings (loss) effect of derivatives	$ 104	$ (57)	$ 167	$ (128)

FINANCIAL INSTRUMENTS AND NO103

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Financial Statement Effects - Fair Value Hedges (Details) - Fair Value Hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value of derivatives increase (decrease)	$ (148)	$ (116)	$ (430)	$ 2,494
Adjustment to carrying amount of hedged debt (increase) decrease	103	37	267	(2,651)
Earnings (loss) related to hedge ineffectiveness	$ (45)	$ (79)	$ (162)	$ (156)

FINANCIAL INSTRUMENTS AND NO104

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Financial Statement Effects - Net Investment Hedges (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on earnings	$ (298,000,000)	$ (355,000,000)	$ (717,000,000)	$ (715,000,000)
Net Investment Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value of derivatives increase (decrease)	(111,000,000)	107,000,000	(302,000,000)	154,000,000
Fair value of non-derivative instruments (increase) decrease	(905,000,000)	475,000,000	(1,764,000,000)	425,000,000
Shareowners' equity (increase) decrease	1,020,000,000	(552,000,000)	2,082,000,000	(513,000,000)
Effect on earnings	4,000,000	30,000,000	17,000,000	67,000,000
Earnings (loss) related to reclassification upon sale or liquidation	18,000,000	47,000,000	78,000,000	(1,025,000,000)
Discontinued operations | Net Investment Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Earnings (loss) related to reclassification upon sale or liquidation	$ 0	$ 47,000,000	$ 59,000,000	$ (1,026,000,000)

FINANCIAL INSTRUMENTS AND NO105

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Financial Statement Effects - Economic Hedges (Details) - Not Designated as Hedging Instrument - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Change in fair value of economic hedge increase (decrease)	$ 663	$ (686)	$ 1,304	$ (808)
Change in carrying amount of item being hedged increase (decrease)	(920)	380	(1,876)	182
Earnings (loss) effect of economic hedges	$ (257)	$ (306)	$ (572)	$ (626)

FINANCIAL INSTRUMENTS AND NO106

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Carrying Amounts Related to Derivatives (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative assets	$ 4,601	$ 5,467
Derivative liabilities	(2,453)	(4,883)
Accrued interest	490	792
Cash collateral & credit valuation adjustment	(1,816)	(672)
Net Derivatives	822	703
Securities held as collateral	(437)	(442)
Net amount	$ 385	$ 262

FINANCIAL INSTRUMENTS AND NO107

FINANCIAL INSTRUMENTS AND NON-RECURRING FAIR VALUE MEASUREMENTS - Schedule of Effects of Derivatives on Earnings (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on earnings	$ (298)	$ (355)	$ (717)	$ (715)
Cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	225	2	281	(43)
Effect on underlying	(225)	(2)	(281)	43
Effect on earnings	0	0	0	0
Fair value hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	(148)	(116)	(430)	2,494
Effect on underlying	103	37	267	(2,651)
Effect on earnings	(45)	(79)	(162)	(156)
Net investment hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	(1,016)	582	(2,065)	580
Effect on underlying	1,020	(552)	2,082	(513)
Effect on earnings	4	30	17	67
Economic hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Effect on hedging instrument	663	(686)	1,304	(808)
Effect on underlying	(920)	380	(1,876)	182
Effect on earnings	$ (257)	$ (306)	$ (572)	$ (626)

VARIABLE INTEREST ENTITIES - Na

VARIABLE INTEREST ENTITIES - Narrative (Details)	Nov. 02, 2015joint_venture	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)joint_venture	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Variable Interest Entities [Abstract]
Number of joint ventures formed | joint_venture	3			4
Variable Interest Entity [Line Items]
Combined assets		$ 6,018,000,000		$ 6,018,000,000
Total revenues from consolidated VIEs		33,472,000,000	$ 29,266,000,000	$ 90,691,000,000	$ 90,604,000,000
BHGE LLC
Variable Interest Entity [Line Items]
Economic interest in the partnership (as a percent)				62.50%
Alstom acquisition
Variable Interest Entity [Line Items]
Combined assets		16,282,000,000		$ 16,282,000,000		$ 14,460,000,000
Combined liabilities		11,414,000,000		11,414,000,000		9,922,000,000
Redeemable non-controlling interest				3,106,000,000		2,709,000,000
Consolidated VIEs
Variable Interest Entity [Line Items]
Combined assets		6,199,000,000		6,199,000,000		6,105,000,000
Combined liabilities		4,868,000,000		4,868,000,000		4,553,000,000
Total revenues from consolidated VIEs		293,000,000	211,000,000	801,000,000	881,000,000
Cost of goods and services		78,000,000	$ 112,000,000	256,000,000	$ 610,000,000
Third-party investors
Variable Interest Entity [Line Items]
Commingled cash owed to third-party investors		1,216,000,000		1,216,000,000		1,117,000,000
Commingled cash owed by third-party investors		0		0		5,000,000
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Investments in unconsolidated VIEs		$ 6,382,000,000		$ 6,382,000,000		$ 6,346,000,000

VARIABLE INTEREST ENTITIES - Sc

VARIABLE INTEREST ENTITIES - Schedule of Assets and Liabilities of Consolidated VIEs (Details) $ in Millions	9 Months Ended
	Sep. 30, 2017USD ($)funding_vehicle	Dec. 31, 2016USD ($)
Variable Interest Entity [Line Items]
Assets	$ 6,018
Consolidated VIE
Variable Interest Entity [Line Items]
Assets	6,199	$ 6,105
Liabilities	4,868	4,553
GE | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	590	549
Liabilities	$ 482	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	$ 1,830	1,792
Liabilities	1,746	1,779
GE Capital | Other
Variable Interest Entity [Line Items]
Assets	3,779	3,764
Liabilities	2,640	2,316
Financing receivables, net | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	919	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	919	1,035
Current receivables | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	606	727
Current receivables | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	49	57
Current receivables | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Assets	557	670
Current receivables | GE Capital | Other
Variable Interest Entity [Line Items]
Assets	0	0
Investment securities | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	965	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	965	982
Other assets | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	3,709	3,361
Other assets | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Assets	541	492
Other assets | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Assets	1,273	1,122
Other assets | GE Capital | Other
Variable Interest Entity [Line Items]
Assets	1,895	1,747
Borrowings
Variable Interest Entity [Line Items]
Liabilities	708
Borrowings | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	1,149	819
Borrowings | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	71	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	1,078	818
Non-recourse borrowings | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	709	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	693	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	3,010	3,317
Other liabilities | GE | Consolidated VIE
Variable Interest Entity [Line Items]
Liabilities	411	457
Other liabilities | GE Capital | Customer Notes receivables
Variable Interest Entity [Line Items]
Liabilities	1,053	1,378
Other liabilities | GE Capital | Other
Variable Interest Entity [Line Items]
Liabilities	$ 1,546	$ 1,482

COMMITMENTS, GUARANTEES, PRO110

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - COMMITMENTS (Narrative) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2017USD ($)
GECAS | New aircraft
Long-term Purchase Commitment [Line Items]
List prices of multiple-year orders	$ 38,669
GECAS | Used aircraft
Long-term Purchase Commitment [Line Items]
List prices of multiple-year orders	2,077
Aviation
Long-term Purchase Commitment [Line Items]
Commitment to provide financing assistance	$ 1,875

COMMITMENTS, GUARANTEES, PRO111

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - GUARANTEES (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Guarantor Obligations [Line Items]
Liability for indemnification agreements	$ 22,191	$ 22,912
Credit support
Guarantor Obligations [Line Items]
Commitments	1,855
Liability for indemnification agreements RVG	47
Indemnification agreements
Guarantor Obligations [Line Items]
Commitments	1,688
Liability for indemnification agreements RVG	7
Required funding under residual value guarantees	190
Liability for indemnification agreements	277
Indemnification agreements - discontinued operations
Guarantor Obligations [Line Items]
Commitments	2,714
Liability for indemnification agreements	$ 320

COMMITMENTS, GUARANTEES, PRO112

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Schedule of Product Warranties (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Movement in Standard Product Warranty Accrual
Balance at January 1	$ 1,920	$ 1,723
Current-year provisions	615	539
Expenditures	(601)	(539)
Other changes	255	166
Balance as of September 30	$ 2,189	$ 1,889

COMMITMENTS, GUARANTEES, PRO113

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - OTHER LOSS CONTINGENCIES (Narrative) (Details) € in Millions, $ in Millions

1 Months Ended

3 Months Ended

9 Months Ended

Dec. 31, 2014USD ($)

Jan. 31, 2007EUR (€)

Sep. 30, 2017USD ($)

Sep. 30, 2016USD ($)

Sep. 30, 2017USD ($)significant_caselawsuitsecuritization

Sep. 30, 2016USD ($)

Oct. 26, 2017USD ($)

Jun. 30, 2017USD ($)

Dec. 31, 2016USD ($)

Jun. 30, 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

Number of securitizations related to lawsuits | securitization

11

Reserves related to repurchase claims

647

$ 665

$ 647

$ 665

$ 636

$ 626

$ 860

$ 875

Net increase to reserves

11

$ 0

$ 21

$ 84

Number of lawsuits arising from alleged breaches of representations and warranties | lawsuit

10

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 | Lawsuits 1, 2, 3, 4, & 5

Loss Contingencies [Line Items]

Number of lawsuits arising from alleged breaches of representations and warranties | lawsuit

5

Disposed of by sale | WMC | Lawsuit 6

Loss Contingencies [Line Items]

Number of lawsuits arising from alleged breaches of representations and warranties | lawsuit

1

Disposed of by sale | WMC | Lawsuit 7

Loss Contingencies [Line Items]

Number of securitizations related to lawsuits | securitization

2

Number of lawsuits arising from alleged breaches of representations and warranties | lawsuit

1

Disposed of by sale | WMC | Lawsuits 8, 9, & 10

Loss Contingencies [Line Items]

Number of lawsuits arising from alleged breaches of representations and warranties | lawsuit

3

Settled and subsequently dismissed | Disposed of by sale | WMC

Loss Contingencies [Line Items]

Number of securitizations related to lawsuits | securitization

5

Pending outcome of ongoing settlement negotiations | Disposed of by sale | WMC | Lawsuits 8 & 9

Loss Contingencies [Line Items]

Number of lawsuits arising from alleged breaches of representations and warranties | lawsuit

2

Subsequent Event | Disposed of by sale | WMC

Loss Contingencies [Line Items]

Active claims for alleged breaches of representations and warranties on mortgage loans

$ 462

Additional claims asserted against WMC in litigation without making a prior claim

$ 3,198

COMMITMENTS, GUARANTEES, PRO114

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Rollforward of the Reserve (Details) - Disposed of by sale - WMC - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Loss Contingency Accrual
Balance, beginning of period	$ 636	$ 860	$ 626	$ 875
Provision	11	0	21	84
Claim resolutions / rescissions	0	(195)	0	(294)
Balance, end of period	$ 647	$ 665	$ 647	$ 665

INTERCOMPANY TRANSACTIONS (Deta

INTERCOMPANY TRANSACTIONS (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Related Party Transaction [Line Items]
Total cash from (used for) operating activities-continuing operations	$ 4,008	$ 3,846
Total cash from (used for) investing activities-continuing operations	4,692	53,559
Total cash from (used for) financing activities-continuing operations	(18,228)	(75,188)
GE and GE Capital totals
Related Party Transaction [Line Items]
Total cash from (used for) operating activities-continuing operations	6,103	20,245
Total cash from (used for) investing activities-continuing operations	752	47,548
Total cash from (used for) financing activities-continuing operations	(16,383)	(85,578)
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	1,402	675
Total cash from (used for) investing activities-continuing operations	(1,653)	(622)
Total cash from (used for) financing activities-continuing operations	251	(54)
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)	(16,050)
Total cash from (used for) financing activities-continuing operations	4,016	16,050
GE and GE Capital totals | GE Capital | GE debt effected through GE Capital
Related Party Transaction [Line Items]
Total cash from (used for) investing activities-continuing operations	5,942	5,002
Total cash from (used for) financing activities-continuing operations	(5,942)	(5,002)
Other reclassifications and eliminations
Related Party Transaction [Line Items]
Total cash from (used for) operating activities-continuing operations	519	(1,024)
Total cash from (used for) investing activities-continuing operations	(349)	1,631
Total cash from (used for) financing activities-continuing operations	$ (170)	$ (604)

GUARANTOR FINANCIAL INFORMAT116

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Earnings (Loss) and Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues and other income
Sales of goods and services	$ 29,428	$ 26,814	$ 81,895	$ 80,156
Other income (loss)	2,146	227	2,611	3,385
Equity in earnings (loss) of affiliates	0	0	0	0
GE Capital revenues from services	1,898	2,224	6,184	7,063
Total revenues and other income (loss)	33,472	29,266	90,691	90,604
Costs and expenses
Interest and other financial charges	1,232	961	3,545	4,023
Other costs and expenses	30,774	26,230	83,334	80,445
Total costs and expenses	32,006	27,191	86,879	84,467
Earnings (loss) from continuing operations before income taxes	1,466	2,074	3,812	6,137
Benefit (provision) for income taxes	334	(18)	303	(302)
Earnings (loss) from continuing operations	1,800	2,056	4,115	5,835
Earnings (loss) from discontinued operations, net of taxes	(106)	(105)	(490)	(954)
Net earnings (loss)	1,694	1,951	3,624	4,881
Less net earnings (loss) attributable to noncontrolling interests	(142)	(76)	(231)	(283)
Net earnings (loss) attributable to the Company	1,836	2,027	3,856	5,164
Other comprehensive income (loss)	931	477	4,075	2,107
Comprehensive income (loss) attributable to the Company	2,766	2,504	7,931	7,271
Reportable Legal Entities | Parent Company Guarantor
Revenues and other income
Sales of goods and services	8,025	8,194	24,897	28,870
Other income (loss)	(1,152)	883	(1,041)	845
Equity in earnings (loss) of affiliates	5,672	1,788	10,444	7,923
GE Capital revenues from services	0	0	0	0
Total revenues and other income (loss)	12,545	10,865	34,301	37,638
Costs and expenses
Interest and other financial charges	1,671	1,166	3,348	2,828
Other costs and expenses	9,382	8,498	27,567	30,555
Total costs and expenses	11,053	9,664	30,916	33,383
Earnings (loss) from continuing operations before income taxes	1,491	1,201	3,385	4,255
Benefit (provision) for income taxes	457	932	971	1,862
Earnings (loss) from continuing operations	1,948	2,132	4,356	6,118
Earnings (loss) from discontinued operations, net of taxes	(113)	(105)	(501)	(954)
Net earnings (loss)	1,836	2,027	3,856	5,164
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings (loss) attributable to the Company	1,836	2,027	3,856	5,164
Other comprehensive income (loss)	931	477	4,075	2,107
Comprehensive income (loss) attributable to the Company	2,766	2,504	7,931	7,271
Reportable Legal Entities | Subsidiary Issuer
Revenues and other income
Sales of goods and services	0	0	0	0
Other income (loss)	0	0	0	0
Equity in earnings (loss) of affiliates	0	0	0	0
GE Capital revenues from services	176	166	505	762
Total revenues and other income (loss)	176	166	505	762
Costs and expenses
Interest and other financial charges	168	138	477	685
Other costs and expenses	0	0	0	0
Total costs and expenses	168	138	478	686
Earnings (loss) from continuing operations before income taxes	7	28	27	76
Benefit (provision) for income taxes	(1)	(3)	(3)	(10)
Earnings (loss) from continuing operations	6	24	24	67
Earnings (loss) from discontinued operations, net of taxes	0	0	0	0
Net earnings (loss)	6	24	24	67
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings (loss) attributable to the Company	6	24	24	67
Other comprehensive income (loss)	0	0	0	(12)
Comprehensive income (loss) attributable to the Company	6	24	24	55
Reportable Legal Entities | Subsidiary Guarantor
Revenues and other income
Sales of goods and services	0	0	0	0
Other income (loss)	0	0	0	0
Equity in earnings (loss) of affiliates	1,019	428	1,711	1,093
GE Capital revenues from services	209	243	583	1,262
Total revenues and other income (loss)	1,228	671	2,294	2,355
Costs and expenses
Interest and other financial charges	542	525	1,485	2,133
Other costs and expenses	0	16	22	71
Total costs and expenses	542	541	1,507	2,204
Earnings (loss) from continuing operations before income taxes	686	130	787	150
Benefit (provision) for income taxes	0	(11)	115	(58)
Earnings (loss) from continuing operations	686	119	902	93
Earnings (loss) from discontinued operations, net of taxes	(562)	(552)	(284)	(1,547)
Net earnings (loss)	125	(433)	618	(1,455)
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings (loss) attributable to the Company	125	(433)	618	(1,455)
Other comprehensive income (loss)	(187)	51	463	114
Comprehensive income (loss) attributable to the Company	(62)	(382)	1,081	(1,341)
Reportable Legal Entities | Non- Guarantor Subsidiaries
Revenues and other income
Sales of goods and services	40,741	36,082	114,446	108,043
Other income (loss)	25,159	35,578	57,784	55,062
Equity in earnings (loss) of affiliates	21,123	29,804	71,787	58,732
GE Capital revenues from services	2,785	2,838	7,644	9,182
Total revenues and other income (loss)	89,808	104,302	251,661	231,019
Costs and expenses
Interest and other financial charges	1,279	856	3,582	4,027
Other costs and expenses	40,253	36,101	113,764	110,725
Total costs and expenses	41,533	36,957	117,346	114,752
Earnings (loss) from continuing operations before income taxes	48,275	67,345	134,315	116,267
Benefit (provision) for income taxes	(59)	(951)	(758)	(1,908)
Earnings (loss) from continuing operations	48,216	66,395	133,557	114,359
Earnings (loss) from discontinued operations, net of taxes	4	224	7	398
Net earnings (loss)	48,220	66,619	133,564	114,757
Less net earnings (loss) attributable to noncontrolling interests	(21)	(51)	(53)	(143)
Net earnings (loss) attributable to the Company	48,241	66,670	133,617	114,900
Other comprehensive income (loss)	19,935	(711)	(7,059)	136
Comprehensive income (loss) attributable to the Company	68,176	65,959	126,559	115,036
Consolidating Adjustments
Revenues and other income
Sales of goods and services	(19,338)	(17,462)	(57,448)	(56,757)
Other income (loss)	(21,861)	(36,234)	(54,132)	(52,522)
Equity in earnings (loss) of affiliates	(27,813)	(32,019)	(83,942)	(67,747)
GE Capital revenues from services	(1,272)	(1,023)	(2,548)	(4,144)
Total revenues and other income (loss)	(70,284)	(86,738)	(198,070)	(181,170)
Costs and expenses
Interest and other financial charges	(2,428)	(1,724)	(5,348)	(5,651)
Other costs and expenses	(18,861)	(18,385)	(58,020)	(60,906)
Total costs and expenses	(21,290)	(20,109)	(63,368)	(66,558)
Earnings (loss) from continuing operations before income taxes	(48,994)	(66,630)	(134,702)	(114,612)
Benefit (provision) for income taxes	(63)	16	(22)	(189)
Earnings (loss) from continuing operations	(49,058)	(66,614)	(134,724)	(114,801)
Earnings (loss) from discontinued operations, net of taxes	565	328	287	1,149
Net earnings (loss)	(48,493)	(66,286)	(134,437)	(113,652)
Less net earnings (loss) attributable to noncontrolling interests	(121)	(25)	(178)	(140)
Net earnings (loss) attributable to the Company	(48,372)	(66,262)	(134,259)	(113,512)
Other comprehensive income (loss)	(19,749)	661	6,596	(238)
Comprehensive income (loss) attributable to the Company	$ (68,121)	$ (65,601)	$ (127,663)	$ (113,750)

GUARANTOR FINANCIAL INFORMAT117

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Financial Position (Details) - USD ($) $ in Millions		Sep. 30, 2017		Jun. 30, 2017	Dec. 31, 2016		Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and equivalents		$ 39,854			$ 48,129
Investment securities		38,696			44,313
Receivables - net		43,362			42,263
Inventories		25,848			22,354
Property, plant and equipment - net		54,101			50,518
Investment in subsidiaries		0			0
Goodwill and intangible assets		108,503			86,875
All other assets		60,882			55,917
Assets of discontinued operations		6,791			14,815
Total assets	[1]	378,038			365,183
Liabilities and equity
Short-term borrowings		28,127			30,714
Accounts payable		14,907			14,435
Other current liabilities		36,483			36,431
Long-term and non-recourse borrowings		108,265			105,496
All other liabilities		91,772			93,434
Liabilities of discontinued operations		990			4,158
Total Liabilities	[1]	280,544			284,668
Redeemable noncontrolling interests		3,441		$ 3,193	3,025		$ 3,051	$ 3,070	$ 2,972
GE shareowners' equity		76,105			75,828		81,882		98,274
Noncontrolling interests		17,947	[2]	$ 1,634	1,663	[2]	1,663	$ 1,693	$ 1,864
Total equity (Note 14)		94,052			77,491		$ 83,544
Total liabilities, redeemable noncontrolling interests and equity		378,038			365,183
Subsidiary Guarantor | Subsidiaries of the Subsidiary Guarantor
Liabilities and equity
Cash and cash equivalent balances within subsidiaries		19,301			28,516
Net assets of discontinued operations		3,776			6,012
Reportable Legal Entities | Parent Company Guarantor
Assets
Cash and equivalents		737			2,558
Investment securities		1			1
Receivables - net		51,669			63,620
Inventories		5,264			4,654
Property, plant and equipment - net		5,645			5,768
Investment in subsidiaries		297,324			272,685
Goodwill and intangible assets		6,812			8,128
All other assets		27,636			14,692
Assets of discontinued operations		0			0
Total assets		395,089			372,107
Liabilities and equity
Short-term borrowings		183,427			167,089
Accounts payable		9,672			5,412
Other current liabilities		11,479			11,072
Long-term and non-recourse borrowings		72,193			68,983
All other liabilities		42,212			43,722
Liabilities of discontinued operations		0			0
Total Liabilities		318,984			296,279
Redeemable noncontrolling interests		0			0
GE shareowners' equity		76,105			75,828
Noncontrolling interests		0			0
Total equity (Note 14)		76,105			75,828
Total liabilities, redeemable noncontrolling interests and equity		395,089			372,107
Reportable Legal Entities | Subsidiary Issuer
Assets
Cash and equivalents		0			0
Investment securities		0			0
Receivables - net		17,452			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		17,497			17,202
Liabilities and equity
Short-term borrowings		0			1
Accounts payable		0			0
Other current liabilities		33			33
Long-term and non-recourse borrowings		16,724			16,486
All other liabilities		544			511
Liabilities of discontinued operations		0			0
Total Liabilities		17,302			17,030
Redeemable noncontrolling interests		0			0
GE shareowners' equity		195			171
Noncontrolling interests		0			0
Total equity (Note 14)		195			171
Total liabilities, redeemable noncontrolling interests and equity		17,497			17,202
Reportable Legal Entities | Subsidiary Guarantor
Assets
Cash and equivalents		3			3
Investment securities		0			0
Receivables - net		31,245			30,470
Inventories		0			0
Property, plant and equipment - net		0			0
Investment in subsidiaries		80,506			80,481
Goodwill and intangible assets		0			0
All other assets		387			39
Assets of discontinued operations		0			0
Total assets		112,142			110,992
Liabilities and equity
Short-term borrowings		46,537			46,432
Accounts payable		0			0
Other current liabilities		3			117
Long-term and non-recourse borrowings		34,810			34,389
All other liabilities		137			481
Liabilities of discontinued operations		0			0
Total Liabilities		81,488			81,419
Redeemable noncontrolling interests		0			0
GE shareowners' equity		30,654			29,573
Noncontrolling interests		0			0
Total equity (Note 14)		30,654			29,573
Total liabilities, redeemable noncontrolling interests and equity		112,142			110,992
Reportable Legal Entities | Non- Guarantor Subsidiaries
Assets
Cash and equivalents		39,623			46,994
Investment securities		40,298			47,394
Receivables - net		87,077			79,401
Inventories		24,695			21,076
Property, plant and equipment - net		49,754			46,366
Investment in subsidiaries		695,869			492,674
Goodwill and intangible assets		84,760			42,074
All other assets		214,163			201,276
Assets of discontinued operations		0			0
Total assets		1,236,239			977,255
Liabilities and equity
Short-term borrowings		23,793			25,919
Accounts payable		66,041			47,366
Other current liabilities		24,418			25,095
Long-term and non-recourse borrowings		53,517			68,912
All other liabilities		55,881			58,376
Liabilities of discontinued operations		0			0
Total Liabilities		223,650			225,667
Redeemable noncontrolling interests		2,713			2,223
GE shareowners' equity		1,008,330			747,719
Noncontrolling interests		1,545			1,647
Total equity (Note 14)		1,009,876			749,366
Total liabilities, redeemable noncontrolling interests and equity		1,236,239			977,255
Consolidating Adjustments
Assets
Cash and equivalents		(509)			(1,426)
Investment securities		(1,603)			(3,082)
Receivables - net		(144,082)			(148,385)
Inventories		(4,112)			(3,377)
Property, plant and equipment - net		(1,299)			(1,615)
Investment in subsidiaries		(1,073,699)			(845,840)
Goodwill and intangible assets		16,932			36,673
All other assets		(181,348)			(160,134)
Assets of discontinued operations		6,791			14,815
Total assets		(1,382,929)			(1,112,372)
Liabilities and equity
Short-term borrowings		(225,630)			(208,727)
Accounts payable		(60,807)			(38,343)
Other current liabilities		550			114
Long-term and non-recourse borrowings		(68,979)			(83,273)
All other liabilities		(7,003)			(9,656)
Liabilities of discontinued operations		990			4,158
Total Liabilities		(360,879)			(335,727)
Redeemable noncontrolling interests		727			802
GE shareowners' equity		(1,039,179)			(777,463)
Noncontrolling interests		16,402			16
Total equity (Note 14)		(1,022,777)			(777,447)
Total liabilities, redeemable noncontrolling interests and equity		$ (1,382,929)			$ (1,112,372)
[1]	Our consolidated assets at September 30, 2017 included total assets of $6,018 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 $1,486 million and investment securities of $965 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at September 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 $(708) million within continuing operations. See Note 17.
[2]	Included AOCI attributable to noncontrolling interests of $(144) million and $(278) million at September 30, 2017 and December 31, 2016, respectively.

GUARANTOR FINANCIAL INFORMAT118

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	$ 4,008	$ 3,846
Cash from (used for) operating activities - discontinued operations	(490)	(5,719)
Cash from (used for) operating activities	3,518	(1,873)
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	4,692	53,559
Cash from (used for) investing activities – continuing operations	(2,349)	(12,056)
Cash from (used for) investing activities	2,343	41,503
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(18,228)	(75,188)
Cash from (used for) financing activities – discontinued operations	1,905	295
Cash from (used for) financing activities	(16,323)	(74,893)
Effect of currency exchange rate changes on cash and equivalents	1,253	(169)
Increase (decrease) in cash and equivalents	(9,208)	(35,432)
Cash and equivalents at beginning of year	49,558	90,878
Cash and equivalents at September 30	40,350	55,445
Less cash and equivalents of discontinued operations at September 30	496	2,915
Cash and equivalents of continuing operations at September 30	39,854	52,530
Reportable Legal Entities
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	6,103	20,245
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	752	47,548
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(16,383)	(85,578)
Reportable Legal Entities | Parent Company Guarantor
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	(25,937)	(14,847)
Cash from (used for) operating activities - discontinued operations	(501)	(954)
Cash from (used for) operating activities	(26,437)	(15,801)
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	(1,723)	20,902
Cash from (used for) investing activities – continuing operations	0	0
Cash from (used for) investing activities	(1,723)	20,902
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	26,339	(6,894)
Cash from (used for) financing activities – discontinued operations	0	0
Cash from (used for) financing activities	26,339	(6,894)
Effect of currency exchange rate changes on cash and equivalents	0	0
Increase (decrease) in cash and equivalents	(1,821)	(1,792)
Cash and equivalents at beginning of year	2,558	4,137
Cash and equivalents at September 30	737	2,344
Less cash and equivalents of discontinued operations at September 30	0	0
Cash and equivalents of continuing operations at September 30	737	2,344
Reportable Legal Entities | Subsidiary Issuer
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	39	175
Cash from (used for) operating activities - discontinued operations	0	0
Cash from (used for) operating activities	39	175
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	(39)	16,080
Cash from (used for) investing activities – continuing operations	0	0
Cash from (used for) investing activities	(39)	16,080
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	0	(16,255)
Cash from (used for) financing activities – discontinued operations	0	0
Cash from (used for) financing activities	0	(16,255)
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 September 30	0	0
Less cash and equivalents of discontinued operations at September 30	0	0
Cash and equivalents of continuing operations at September 30	0	0
Reportable Legal Entities | Subsidiary Guarantor
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	(81)	(121)
Cash from (used for) operating activities - discontinued operations	0	0
Cash from (used for) operating activities	(81)	(121)
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	345	36,317
Cash from (used for) investing activities – continuing operations	0	0
Cash from (used for) investing activities	345	36,317
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(265)	(36,194)
Cash from (used for) financing activities – discontinued operations	0	0
Cash from (used for) financing activities	(265)	(36,194)
Effect of currency exchange rate changes on cash and equivalents	0	0
Increase (decrease) in cash and equivalents	0	3
Cash and equivalents at beginning of year	3	0
Cash and equivalents at September 30	3	3
Less cash and equivalents of discontinued operations at September 30	0	0
Cash and equivalents of continuing operations at September 30	3	3
Reportable Legal Entities | Non- Guarantor Subsidiaries
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	193,403	83,404
Cash from (used for) operating activities - discontinued operations	8	(4,366)
Cash from (used for) operating activities	193,411	79,038
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	(257,130)	32,000
Cash from (used for) investing activities – continuing operations	(2,349)	(12,056)
Cash from (used for) investing activities	(259,479)	19,944
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	104,160	(150,446)
Cash from (used for) financing activities – discontinued operations	1,905	295
Cash from (used for) financing activities	106,065	(150,151)
Effect of currency exchange rate changes on cash and equivalents	1,253	(169)
Increase (decrease) in cash and equivalents	41,251	(51,339)
Cash and equivalents at beginning of year	(1,132)	107,350
Cash and equivalents at September 30	40,119	56,011
Less cash and equivalents of discontinued operations at September 30	496	2,915
Cash and equivalents of continuing operations at September 30	39,623	53,095
Consolidating Adjustments
Cash flows – operating activities
Cash from (used for) operating activities - continuing operations	(163,416)	(64,766)
Cash from (used for) operating activities - discontinued operations	3	(399)
Cash from (used for) operating activities	(163,413)	(65,165)
Cash flows – investing activities
Cash from (used for) investing activities – continuing operations	263,239	(51,740)
Cash from (used for) investing activities – continuing operations	0	0
Cash from (used for) investing activities	263,239	(51,740)
Cash flows – financing activities
Cash from (used for) financing activities – continuing operations	(148,463)	134,601
Cash from (used for) financing activities – discontinued operations	0	0
Cash from (used for) financing activities	(148,463)	134,601
Effect of currency exchange rate changes on cash and equivalents	0	0
Increase (decrease) in cash and equivalents	(48,638)	17,696
Cash and equivalents at beginning of year	48,129	(20,609)
Cash and equivalents at September 30	(509)	(2,913)
Less cash and equivalents of discontinued operations at September 30	0	0
Cash and equivalents of continuing operations at September 30	$ (509)	$ (2,913)

SUPPLEMENTAL INFORMATION - Sche

SUPPLEMENTAL INFORMATION - Schedule of Certain Supplemental Information Related to Cash Flows (Details) - USD ($) $ in Millions		6 Months Ended	9 Months Ended
		Jun. 30, 2017	Sep. 30, 2017	Sep. 30, 2016
All other operating activities
All other operating activities	[1]		$ (2,881)	$ (5,356)
Net dispositions (purchases) of GE shares for treasury
Net dispositions (purchases) of GE shares for treasury			(2,620)	(17,969)
Proceeds from principal business dispositions			(3,030)	(5,273)
Correction of investing cash flows			(2,343)	(41,503)
GE
All other operating activities
(Gains) losses on purchases and sales of business interests			(1,968)	(3,471)
Contract assets (net)			(4,009)	(3,035)
Income taxes			(1,107)	(1,318)
Interest charges			327	323
Principal pension plans			1,179	2,520
Other			1,636	169
All other operating activities			(3,942)	(4,812)
Net dispositions (purchases) of GE shares for treasury
Open market purchases under share repurchase program			(3,394)	(18,708)
Other purchases			(58)	(430)
Dispositions			831	1,168
Net dispositions (purchases) of GE shares for treasury			(2,620)	(17,969)
Current tax expense (benefit)			699	953
Net cash paid for income taxes			(1,806)	(2,271)
Interest expense			1,918	1,490
Cash paid for interest			(1,591)	(1,167)
Pension costs			2,779	2,674
Employer contributions			$ (1,600)	(154)
Disposed of by sale | Appliances
Net dispositions (purchases) of GE shares for treasury
Proceeds from principal business dispositions				(3,130)
Disposed of by sale | GE Asset Management
Net dispositions (purchases) of GE shares for treasury
Proceeds from principal business dispositions				$ (398)
Adjustment of investing cash flows used for the settlement of derivative instruments classified as operating | Correction
Net dispositions (purchases) of GE shares for treasury
Correction of investing cash flows		$ 512
[1]	Included a $512 million correction of investing cash flows used for the settlement of derivative instruments classified as operating during the the six months ended June 30, 2017. Therefore, operating cash flows were understated and investing cash flows were overstated during the the six months ended June 30, 2017.

SUPPLEMENTAL INFORMATION - S120

SUPPLEMENTAL INFORMATION - Schedule of Fair Value of Derivatives, Assets (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Offsetting Assets [Line Items]
Assets	$ 4,601,000,000	$ 5,467,000,000
Gross accrued interest	491,000,000	768,000,000
Gross derivatives recognized in statement of financial position	5,091,000,000	6,234,000,000
Amounts offset in statement of financial position
Netting adjustments	(1,802,000,000)	(3,097,000,000)
Cash collateral	(2,091,000,000)	(2,025,000,000)
Amounts offset in statement of financial position	(3,893,000,000)	(5,121,000,000)
Net derivatives	1,198,000,000	1,113,000,000
Securities held as collateral	(437,000,000)	(442,000,000)
Net amount	761,000,000	671,000,000
Cumulative adjustment for non-performance risk	0	(3,000,000)
Excluded excess cash collateral received	90,000,000	6,000,000
Excluded excess cash collateral posted	151,000,000	177,000,000
Excluded excess securities collateral received	42,000,000	0
Derivatives accounted for as hedges
Offsetting Assets [Line Items]
Assets	2,895,000,000	3,508,000,000
Derivatives accounted for as hedges | Interest rate contracts
Offsetting Assets [Line Items]
Assets	2,663,000,000	3,106,000,000
Derivatives accounted for as hedges | Currency exchange contracts
Offsetting Assets [Line Items]
Assets	233,000,000	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	1,705,000,000	1,958,000,000
Derivatives not accounted for as hedges | Interest rate contracts
Offsetting Assets [Line Items]
Assets	74,000,000	62,000,000
Derivatives not accounted for as hedges | Currency exchange contracts
Offsetting Assets [Line Items]
Assets	1,499,000,000	1,778,000,000
Derivatives not accounted for as hedges | Other contracts
Offsetting Assets [Line Items]
Assets	$ 132,000,000	$ 119,000,000

SUPPLEMENTAL INFORMATION - S121

SUPPLEMENTAL INFORMATION - Schedule of Fair Value of Derivatives, Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Offsetting Liabilities [Line Items]
Liabilities	$ 2,453	$ 4,883
Gross accrued interest	0	(24)
Gross derivatives recognized in statement of financial position	2,454	4,859
Amounts offset in statement of financial position
Netting adjustments	(1,802)	(3,094)
Cash collateral	(276)	(1,355)
Amounts offset in statement of financial position	(2,078)	(4,449)
Net derivatives	376	410
Securities held as collateral	0	0
Net amount	376	410
Derivatives accounted for as hedges
Offsetting Liabilities [Line Items]
Liabilities	213	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	108	210
Derivatives accounted for as hedges | Currency exchange contracts
Offsetting Liabilities [Line Items]
Liabilities	105	624
Derivatives not accounted for as hedges
Offsetting Liabilities [Line Items]
Liabilities	2,240	4,048
Derivatives not accounted for as hedges | Other contracts
Offsetting Liabilities [Line Items]
Liabilities	46	17
Derivatives not accounted for as hedges | Interest rate contracts
Offsetting Liabilities [Line Items]
Liabilities	6	20
Derivatives not accounted for as hedges | Currency exchange contracts
Offsetting Liabilities [Line Items]
Liabilities	$ 2,187	$ 4,011

SUPPLEMENTAL INFORMATION - S122

SUPPLEMENTAL INFORMATION - Schedule of Cash Flow Hedge Activity (Details) - Cash Flow Hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	$ (225)	$ (2)	$ (281)	$ 43
Gain (loss) reclassified from AOCI into earnings	104	(57)	167	(128)
Hedges
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	225	2	281	(43)
Gain (loss) reclassified from AOCI into earnings	104	(57)	167	(128)
Hedges | Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	1	1	3	32
Gain (loss) reclassified from AOCI into earnings	(6)	(12)	(21)	(67)
Hedges | Currency exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	224	0	278	(76)
Gain (loss) reclassified from AOCI into earnings	110	(46)	189	(59)
Hedges | Commodity contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in AOCI	0	1	0	1
Gain (loss) reclassified from AOCI into earnings	$ 0	$ 0	$ 0	$ (3)

SUPPLEMENTAL INFORMATION - Narr

SUPPLEMENTAL INFORMATION - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gain expected to be transferred to earnings as an expense	$ 39
Maximum term of derivative instruments that hedge forecasted transactions	15 years	16 years
Fair value of collateral	$ 2,529
Fair value of cash collateral	2,091		$ 2,025
Fair value of collateral in the form of securities	437		$ 442
Fair value of collateral posted	276
Exposure to counterparties (including accrued interest), net of collateral held	681
Net amount of derivative liability	271
Amounts Offset In Statement Of Financial Position
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair value of cash collateral	2,091
Cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Pre-tax amount in AOCI related to cash flow hedges of forecasted transactions	$ 160

SEGMENT OPERATIONS (Details)

SEGMENT OPERATIONS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Segment Reporting Information [Line Items]
Revenues	$ 33,472	$ 29,266	$ 90,691	$ 90,604
Revenues, V%	14.00%		0.00%
Corporate items and eliminations	$ 1,466	2,074	$ 3,812	6,137
GE interest and other financial charges	(1,232)	(961)	(3,545)	(4,023)
GE benefit (provision) for income taxes	334	(18)	303	(302)
Earnings (loss) from continuing operations attributable to GE common shareowners	$ 1,905	2,097	$ 4,101	5,645
Earnings (loss) from continuing operations attributable to GE common shareowners, V%	(9.00%)		(27.00%)
Earnings (loss) from discontinued operations, net of taxes	$ (106)	(105)	$ (490)	(954)
Earnings (loss) from discontinued operations, net of taxes, V%	(1.00%)		49.00%
Less net earnings attributable to noncontrolling interests, discontinued operations	$ (1)	(2)	$ 6	2
Earnings (loss) from discontinued operations, net of tax and noncontrolling interest	$ (105)	(103)	$ (497)	(956)
Earnings (loss) from discontinued operations, net of tax and noncontrolling interest, V%	(2.00%)		48.00%
Net earnings (loss) attributable to GE common shareowners	$ 1,800	1,994	$ 3,604	4,689
Consolidated net earnings (loss) attributable to the GE common shareowners, V%	(10.00%)		(23.00%)
Oil & Gas
Segment Reporting Information [Line Items]
Operating profit excluding restructuring and other charges	$ 231		$ 593
Operating Segments
Segment Reporting Information [Line Items]
Revenues	$ 32,444	29,936	$ 91,468	89,923
Revenues, V%	8.00%		2.00%
Segment profit (loss)	$ 3,654	4,345	$ 11,003	10,290
Segment profit (loss), V%	(16.00%)		7.00%
Operating Segments | Total industrial segment revenues
Segment Reporting Information [Line Items]
Revenues	$ 30,046	27,335	$ 83,943	81,667
Revenues, V%	10.00%		3.00%
Segment profit (loss)	$ 3,630	4,320	$ 11,198	11,756
Segment profit (loss), V%	(16.00%)		(5.00%)
Operating Segments | Power
Segment Reporting Information [Line Items]
Revenues	$ 8,679	8,995	$ 26,569	25,664
Revenues, V%	(4.00%)		4.00%
Segment profit (loss)	$ 611	1,259	$ 2,526	2,924
Segment profit (loss), V%	(51.00%)		(14.00%)
Operating Segments | Renewable Energy
Segment Reporting Information [Line Items]
Revenues	$ 2,905	2,770	$ 7,406	6,533
Revenues, V%	5.00%		13.00%
Segment profit (loss)	$ 257	202	$ 524	413
Segment profit (loss), V%	27.00%		27.00%
Operating Segments | Oil & Gas
Segment Reporting Information [Line Items]
Revenues	$ 5,365	2,964	$ 11,475	9,497
Revenues, V%	81.00%		21.00%
Segment profit (loss)	$ (36)	353	$ 325	981
Segment profit (loss), V%			(67.00%)
Operating Segments | Aviation
Segment Reporting Information [Line Items]
Revenues	$ 6,816	6,300	$ 20,153	19,074
Revenues, V%	8.00%		6.00%
Segment profit (loss)	$ 1,680	1,494	$ 4,856	4,366
Segment profit (loss), V%	12.00%		11.00%
Operating Segments | Healthcare
Segment Reporting Information [Line Items]
Revenues	$ 4,724	4,482	$ 13,714	13,190
Revenues, V%	5.00%		4.00%
Segment profit (loss)	$ 820	717	$ 2,289	2,130
Segment profit (loss), V%	14.00%		7.00%
Operating Segments | Transportation
Segment Reporting Information [Line Items]
Revenues	$ 1,074	1,249	$ 3,185	3,471
Revenues, V%	(14.00%)		(8.00%)
Segment profit (loss)	$ 276	309	$ 634	747
Segment profit (loss), V%	(11.00%)		(15.00%)
Operating Segments | Lighting
Segment Reporting Information [Line Items]
Revenues	$ 483	576	$ 1,442	4,239
Revenues, V%	(16.00%)		(66.00%)
Segment profit (loss)	$ 23	(15)	$ 43	196
Segment profit (loss), V%			(78.00%)
Operating Segments | Capital
Segment Reporting Information [Line Items]
Revenues	$ 2,397	2,600	$ 7,525	8,256
Revenues, V%	(8.00%)		(9.00%)
Segment profit (loss)	$ 24	26	$ (195)	(1,466)
Segment profit (loss), V%	(8.00%)		87.00%
Corporate items and eliminations
Segment Reporting Information [Line Items]
Revenues	$ 1,028	(670)	$ (777)	681
Corporate items and eliminations	(1,095)	(1,524)	(4,687)	(2,120)
Segment Reconciling Items
Segment Reporting Information [Line Items]
GE interest and other financial charges	(718)	(483)	(1,918)	(1,490)
GE benefit (provision) for income taxes	$ 64	$ (241)	$ (297)	$ (1,034)