General Electric (GE) 10-Q 30 Oct 19 2019 Q3 Quarterly report Financial data

Cover Page

Cover Page shares in Thousands	9 Months Ended
	Sep. 30, 2019shares
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	001-00035
Entity Registrant Name	GENERAL ELECTRIC CO
Entity Central Index Key	0000040545
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	14-0689340
Entity Address, Address Line One	41 Farnsworth Street,
Entity Address, City or Town	Boston
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02210
City Area Code	617
Local Phone Number	443-3000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	8,733,549
Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Common stock, par value $0.06 per share
Trading Symbol	GE
Security Exchange Name	NYSE
Floating Rate Notes Due 2020
Entity Information [Line Items]
Title of 12(b) Security	Floating Rate Notes due 2020
Trading Symbol	GE 20E
Security Exchange Name	NYSE
0.375% Notes Due 2022
Entity Information [Line Items]
Title of 12(b) Security	0.375% Notes due 2022
Trading Symbol	GE 22A
Security Exchange Name	NYSE
1.250% Notes Due 2023
Entity Information [Line Items]
Title of 12(b) Security	1.250% Notes due 2023
Trading Symbol	GE 23E
Security Exchange Name	NYSE
0.875% Notes Due 2025
Entity Information [Line Items]
Title of 12(b) Security	0.875% Notes due 2025
Trading Symbol	GE 25
Security Exchange Name	NYSE
1.875% Notes Due 2027
Entity Information [Line Items]
Title of 12(b) Security	1.875% Notes due 2027
Trading Symbol	GE 27E
Security Exchange Name	NYSE
1.500% Notes Due 2029
Entity Information [Line Items]
Title of 12(b) Security	1.500% Notes due 2029
Trading Symbol	GE 29
Security Exchange Name	NYSE
7.5% Guaranteed Subordinated Notes Due 2035
Entity Information [Line Items]
Title of 12(b) Security	7 1/2% Guaranteed Subordinated Notes due 2035
Trading Symbol	GE /35
Security Exchange Name	NYSE
2.125% Notes Due 2037
Entity Information [Line Items]
Title of 12(b) Security	2.125% Notes due 2037
Trading Symbol	GE 37
Security Exchange Name	NYSE

STATEMENT OF EARNINGS (LOSS) (U

STATEMENT OF EARNINGS (LOSS) (UNAUDITED) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenues
Revenues		$ 23,360	$ 23,392	$ 68,976	$ 70,513
Costs and expenses
Cost of sales		17,328	17,847	50,949	52,244
Selling, general and administrative expenses		3,293	4,100	10,120	11,013
Interest and other financial charges		1,279	1,155	3,272	3,585
Insurance losses and annuity benefits		1,463	710	2,712	2,009
Goodwill impairments		740	21,973	1,484	21,973
Non-operating benefit costs		565	763	1,694	2,141
Other costs and expenses		99	85	337	253
Total costs and expenses		24,767	46,633	70,568	93,219
Other income		158	279	1,170	1,388
GE Capital earnings (loss) from continuing operations		0	0	0	0
Earnings (loss) from continuing operations before income taxes		(1,249)	(22,962)	(422)	(21,318)
Benefit (provision) for income taxes		(41)	(52)	1	(460)
Earnings (loss) from continuing operations		(1,290)	(23,014)	(421)	(21,777)
Earnings (loss) from discontinued operations, net of taxes		(8,093)	155	(5,212)	(1,526)
Net earnings (loss)		(9,383)	(22,859)	(5,634)	(23,304)
Less net earnings (loss) attributable to noncontrolling interests		40	(90)	73	(188)
Net earnings (loss) attributable to the Company		(9,423)	(22,769)	(5,707)	(23,116)
Preferred stock dividends		(42)	(39)	(270)	(260)
Net earnings (loss) attributable to GE common shareowners		(9,465)	(22,808)	(5,977)	(23,376)
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations		(1,290)	(23,014)	(421)	(21,777)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		(7)	(97)	16	(90)
Earnings (loss) from continuing operations attributable to the Company		(1,283)	(22,917)	(437)	(21,687)
Preferred stock dividends		(42)	(39)	(270)	(260)
Earnings (loss) from continuing operations attributable to GE common shareowners		(1,325)	(22,956)	(707)	(21,947)
Earnings (loss) from discontinued operations, net of taxes		(8,093)	155	(5,212)	(1,526)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		46	7	58	(97)
Net earnings (loss) attributable to GE common shareowners		$ (9,465)	$ (22,808)	$ (5,977)	$ (23,376)
Earnings (loss) per share from continuing operations (Note 16)
Diluted earnings (loss) per share (in dollars per share)		$ (0.15)	$ (2.64)	$ (0.08)	$ (2.53)
Basic earnings (loss) per share (in dollars per share)		(0.15)	(2.64)	(0.08)	(2.53)
Net earnings (loss) per share (Note 16)
Diluted earnings (loss) per share (in dollars per share)		(1.08)	(2.62)	(0.69)	(2.69)
Basic earnings (loss) per share (in dollars per share)		(1.08)	(2.62)	(0.69)	(2.69)
Dividends declared per common share (in dollars per share)		$ 0.01	$ 0.12	$ 0.03	$ 0.36
Goods
Revenues
Sales		$ 14,869	$ 14,524	$ 42,220	$ 42,886
Costs and expenses
Cost of sales		12,503	12,804	35,123	35,780
Services
Revenues
Sales		6,635	6,758	20,912	21,717
Costs and expenses
Cost of sales		4,825	5,043	15,825	16,464
GE Capital revenues from services
Revenues
Revenues		1,856	2,110	5,845	5,909
Financial Services (GE Capital)
Revenues
Revenues		2,097	2,473	6,645	7,075
Costs and expenses
Selling, general and administrative expenses		199	332	677	987
Interest and other financial charges		590	704	1,913	2,296
Insurance losses and annuity benefits		1,469	732	2,771	2,071
Goodwill impairments		0	0	0	0
Non-operating benefit costs		3	2	10	9
Other costs and expenses		103	115	380	328
Total costs and expenses		2,890	2,416	7,303	7,342
Other income		0	0	0	0
GE Capital earnings (loss) from continuing operations		0	0	0	0
Earnings (loss) from continuing operations before income taxes		(793)	57	(658)	(268)
Benefit (provision) for income taxes		188	43	327	165
Earnings (loss) from continuing operations		(604)	99	(331)	(103)
Earnings (loss) from discontinued operations, net of taxes		(18)	40	255	(1,579)
Net earnings (loss)		(623)	139	(76)	(1,682)
Less net earnings (loss) attributable to noncontrolling interests		(2)	42	(2)	40
Net earnings (loss) attributable to the Company		(621)	98	(74)	(1,722)
Preferred stock dividends		(42)	(39)	(270)	(260)
Net earnings (loss) attributable to GE common shareowners		(663)	59	(344)	(1,982)
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations		(604)	99	(331)	(103)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		(2)	42	(2)	40
Earnings (loss) from continuing operations attributable to the Company		(603)	58	(329)	(143)
Preferred stock dividends		(42)	(39)	(270)	(260)
Earnings (loss) from continuing operations attributable to GE common shareowners		(645)	19	(599)	(403)
Earnings (loss) from discontinued operations, net of taxes		(18)	40	255	(1,579)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		0	0	0	0
Net earnings (loss) attributable to GE common shareowners		(663)	59	(344)	(1,982)
Financial Services (GE Capital) | Goods
Revenues
Sales		22	37	56	100
Costs and expenses
Cost of sales		17	28	44	78
Financial Services (GE Capital) | Services
Revenues
Sales		0	0	0	0
Costs and expenses
Cost of sales		510	502	1,508	1,573
Financial Services (GE Capital) | GE Capital revenues from services
Revenues
Revenues		2,075	2,436	6,589	6,975
GE
Revenues
Revenues	[1]	21,519	21,273	63,259	64,601
Costs and expenses
Selling, general and administrative expenses	[1]	3,172	3,905	9,734	10,457
Interest and other financial charges	[1]	791	590	1,693	1,773
Insurance losses and annuity benefits	[1]	0	0	0	0
Goodwill impairments	[1]	740	21,973	1,484	21,973
Non-operating benefit costs	[1]	562	760	1,684	2,132
Other costs and expenses	[1]	4	(13)	0	(33)
Total costs and expenses	[1]	22,128	44,566	64,201	87,001
Other income	[1]	153	274	1,177	1,350
GE Capital earnings (loss) from continuing operations	[1]	(645)	19	(599)	(403)
Earnings (loss) from continuing operations before income taxes	[1]	(1,101)	(23,000)	(363)	(21,454)
Benefit (provision) for income taxes	[1]	(229)	(95)	(327)	(624)
Earnings (loss) from continuing operations	[1]	(1,330)	(23,095)	(690)	(22,078)
Earnings (loss) from discontinued operations, net of taxes	[1]	(8,093)	155	(5,212)	(1,526)
Net earnings (loss)	[1]	(9,424)	(22,940)	(5,902)	(23,604)
Less net earnings (loss) attributable to noncontrolling interests	[1]	41	(132)	75	(228)
Net earnings (loss) attributable to the Company	[1]	(9,465)	(22,808)	(5,977)	(23,376)
Preferred stock dividends	[1]	0	0	0	0
Net earnings (loss) attributable to GE common shareowners	[1]	(9,465)	(22,808)	(5,977)	(23,376)
Amounts attributable to GE common shareowners
Earnings (loss) from continuing operations	[1]	(1,330)	(23,095)	(690)	(22,078)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations	[1]	(5)	(139)	17	(130)
Earnings (loss) from continuing operations attributable to the Company	[1]	(1,325)	(22,956)	(707)	(21,947)
Preferred stock dividends	[1]	0	0	0	0
Earnings (loss) from continuing operations attributable to GE common shareowners	[1]	(1,325)	(22,956)	(707)	(21,947)
Earnings (loss) from discontinued operations, net of taxes	[1]	(8,093)	155	(5,212)	(1,526)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations	[1]	46	7	58	(97)
Net earnings (loss) attributable to GE common shareowners	[1]	(9,465)	(22,808)	(5,977)	(23,376)
GE | Goods
Revenues
Sales	[1]	14,879	14,501	42,312	42,815
Costs and expenses
Cost of sales	[1]	12,519	12,789	35,233	35,723
GE | Services
Revenues
Sales	[1]	6,640	6,772	20,948	21,786
Costs and expenses
Cost of sales	[1]	4,341	4,560	14,372	14,975
GE | GE Capital revenues from services
Revenues
Revenues	[1]	$ 0	$ 0	$ 0	$ 0
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (9,383)	$ (22,859)	$ (5,634)	$ (23,304)
Less net earnings (loss) attributable to noncontrolling interests	40	(90)	73	(188)
Net earnings (loss) attributable to the Company	(9,423)	(22,769)	(5,707)	(23,116)
Other comprehensive income (loss)
Investment securities	18	(57)	116	67
Currency translation adjustments	762	(633)	1,044	(1,471)
Cash flow hedges	(2)	(9)	10	(35)
Benefit plans	655	862	1,838	2,521
Other comprehensive income (loss)	1,433	164	3,010	1,082
Less: other comprehensive income (loss) attributable to noncontrolling interests	(58)	(39)	(43)	(93)
Other comprehensive income (loss) attributable to the Company	1,491	203	3,053	1,174
Comprehensive income (loss)	(7,950)	(22,695)	(2,624)	(22,222)
Less: comprehensive income (loss) attributable to noncontrolling interests	(19)	(129)	30	(281)
Comprehensive income (loss) attributable to the Company	$ (7,931)	$ (22,566)	$ (2,654)	$ (21,941)

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREOWNERS' EQUITY (UNAUDITED) - USD ($) $ in Millions	Total		Accumulated other comprehensive income (loss)	Investment securities	Currency translation adjustments	Cash flow hedges	Benefit plans	Other capital	Retained earnings	Common stock held in treasury
Beginning balance at Dec. 31, 2017			$ (14,404)					$ 37,384	$ 117,245	$ (84,902)
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)	$ 1,082			$ 67	$ (1,379)	$ (35)	$ 2,521
Gains (losses) on treasury stock dispositions								(518)
Stock-based compensation								315
Other changes								131
Net earnings (loss) attributable to the Company	(23,116)								(23,116)
Dividends and other transactions with shareowners									(3,762)
Changes in accounting (Note 1)									501
Purchases										(198)
Dispositions										897
Ending balance at Sep. 30, 2018	47,837	[1]	(13,229)	(36)	(6,040)	27	(7,181)	37,311	90,867	(84,202)
Beginning balance at Jun. 30, 2018			(13,432)					37,352	114,913	(84,471)
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)	164			(56)	(595)	(8)	863
Gains (losses) on treasury stock dispositions								(210)
Stock-based compensation								107
Other changes								62
Net earnings (loss) attributable to the Company	(22,769)								(22,769)
Dividends and other transactions with shareowners									(1,276)
Purchases										(55)
Dispositions										324
Ending balance at Sep. 30, 2018	47,837	[1]	(13,229)	(36)	(6,040)	27	(7,181)	37,311	90,867	(84,202)
Preferred stock issued	6
Common stock issued	702
Increase (Decrease) in Stockholders' Equity
GE shareowners' equity balance	31,454
Noncontrolling interests balance (Note 15)	16,383
Preferred stock issued	6
Common stock issued	702
GE shareowners' equity balance	30,981
Noncontrolling interests balance (Note 15)	20,500
Beginning balance at Dec. 31, 2018	51,481		(14,414)					35,504	93,109	(83,925)
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)	3,010			116	1,084	11	1,842
Gains (losses) on treasury stock dispositions								(817)
Stock-based compensation								382
Other changes								(753)
Net earnings (loss) attributable to the Company	(5,707)								(5,707)
Dividends and other transactions with shareowners									(557)
Changes in accounting (Note 1)									368
Purchases										(53)
Dispositions										1,038
Ending balance at Sep. 30, 2019	29,153	[1]	(11,361)	77	(5,050)	24	(6,412)	34,315	87,213	(82,940)
Beginning balance at Jun. 30, 2019			(12,852)					34,324	96,773	(83,137)
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)	1,433			18	824	(2)	650
Gains (losses) on treasury stock dispositions								(160)
Stock-based compensation								118
Other changes								33
Net earnings (loss) attributable to the Company	(9,423)								(9,423)
Dividends and other transactions with shareowners									(138)
Purchases										(8)
Dispositions										204
Ending balance at Sep. 30, 2019	29,153	[1]	$ (11,361)	$ 77	$ (5,050)	$ 24	$ (6,412)	$ 34,315	$ 87,213	$ (82,940)
Preferred stock issued	6
Common stock issued	702
Increase (Decrease) in Stockholders' Equity
GE shareowners' equity balance	27,935
Noncontrolling interests balance (Note 15)	$ 1,219
[1]	Total equity balance decreased by $(18,684) million in the last twelve months from September 30, 2018, primarily due to reduction of non-controlling interest balance of $(15,192) million attributable to Baker Hughes Class A shareholders at September 30, 2018 and after-tax loss of $(8,190) million in discontinued operations due to deconsolidation of Baker Hughes in the third quarter of 2019, partially offset by after-tax gain of $2,508 million

CONSOLIDATED STATEMENT OF CHA_2

CONSOLIDATED STATEMENT OF CHANGES IN SHAREOWNERS' EQUITY (UNAUDITED) (Parenthetical) $ in Millions	12 Months Ended
	Sep. 30, 2019USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Decrease in total equity balance	$ (18,684)
Reduction of non-controlling interest	$ (15,192)

STATEMENT OF FINANCIAL POSITION

STATEMENT OF FINANCIAL POSITION - USD ($) $ in Millions		Sep. 30, 2019		Dec. 31, 2018
Assets
Cash, cash equivalents and restricted cash		$ 27,810		$ 31,124
Investment securities (Note 3)		48,225		33,508
Current receivables (Note 4)		16,018		14,645
Financing receivables – net (Note 5)		3,321		7,699
Inventories (Note 6)		15,203		13,803
Other GE Capital receivables		7,387		7,143
Property, plant and equipment – net (Note 7)		42,886		43,611
Operating lease assets (Note 7)		2,970
Receivable from GE Capital		0		0
Investment in GE Capital		0		0
Goodwill (Note 8)		26,666		33,974
Other intangible assets – net (Note 8)		10,766		12,178
Contract and other deferred assets (Note 10)		17,133		17,431
All other assets		18,043		18,357
Deferred income taxes (Note 14)		9,570		12,117
Assets of businesses held for sale (Note 2)		12,832		1,629
Assets of discontinued operations (Note 2)		4,178		63,853
Total assets		263,009		311,072
Liabilities and equity
Short-term borrowings (Note 11)		17,046		12,776
Short-term borrowings assumed by GE (Note 11)		0		0
Accounts payable, principally trade accounts		14,493		14,257
Progress collections and deferred income (Note 10)		19,041		18,983
Other GE current liabilities		13,675		14,453
Non-recourse borrowings of consolidated securitization entities (Note 11)		1,498		1,875
Long-term borrowings (Note 11)		74,701		88,949
Long-term borrowings assumed by GE (Note 11)		0		0
Operating lease liabilities (Note 7)		3,169
Insurance liabilities and annuity benefits (Note 12)		40,084		35,562
Non-current compensation and benefits		31,194		32,740
All other liabilities		17,026		20,008
Liabilities of businesses held for sale (Note 2)		1,543		708
Liabilities of discontinued operations (Note 2)		387		19,281
Total liabilities		233,856		259,591
Preferred stock (5,939,875 shares outstanding at both September 30, 2019 and December 31, 2018)		6		6
Common stock (8,733,549,000 and 8,702,227,000 shares outstanding at September 30, 2019 and December 31, 2018, respectively)		702		702
Accumulated other comprehensive income (loss) – net attributable to GE		(11,361)		(14,414)
Other capital		34,315		35,504
Retained earnings		87,213		93,109
Less common stock held in treasury		(82,940)		(83,925)
Total GE shareowners’ equity		27,935		30,981
Noncontrolling interests		1,219		20,500
Total equity (Note 15)		29,153	[1]	51,481
Total liabilities and equity		263,009		311,072
Financial Services (GE Capital)
Assets
Cash, cash equivalents and restricted cash		11,154		14,492
Investment securities (Note 3)		38,741		33,393
Current receivables (Note 4)		0		0
Financing receivables – net (Note 5)		7,748		13,628
Inventories (Note 6)		0		0
Other GE Capital receivables		12,999		15,361
Property, plant and equipment – net (Note 7)		29,378		29,510
Operating lease assets (Note 7)		244		0
Receivable from GE Capital		0		0
Investment in GE Capital		0		0
Goodwill (Note 8)		839		904
Other intangible assets – net (Note 8)		206		236
Contract and other deferred assets (Note 10)		0		0
All other assets		9,418		9,869
Deferred income taxes (Note 14)		2,415		1,936
Assets of businesses held for sale (Note 2)		3,900		0
Assets of discontinued operations (Note 2)		3,993		4,610
Total assets		121,035		123,939
Liabilities and equity
Short-term borrowings (Note 11)		5,123		4,999
Short-term borrowings assumed by GE (Note 11)		2,990		2,684
Accounts payable, principally trade accounts		1,397		1,612
Progress collections and deferred income (Note 10)		0		0
Other GE current liabilities		0		0
Non-recourse borrowings of consolidated securitization entities (Note 11)		1,498		1,875
Long-term borrowings (Note 11)		33,390		36,154
Long-term borrowings assumed by GE (Note 11)		17,255		19,828
Operating lease liabilities (Note 7)		239		0
Insurance liabilities and annuity benefits (Note 12)		40,550		35,994
Non-current compensation and benefits		532		856
All other liabilities		4,748		6,724
Liabilities of businesses held for sale (Note 2)		129		0
Liabilities of discontinued operations (Note 2)		228		1,800
Total liabilities		108,079		112,527
Preferred stock (5,939,875 shares outstanding at both September 30, 2019 and December 31, 2018)		6		6
Common stock (8,733,549,000 and 8,702,227,000 shares outstanding at September 30, 2019 and December 31, 2018, respectively)		0		0
Accumulated other comprehensive income (loss) – net attributable to GE		(781)		(783)
Other capital		14,500		12,883
Retained earnings		(906)		(694)
Less common stock held in treasury		0		0
Total GE shareowners’ equity		12,819		11,412
Noncontrolling interests		137		1
Total equity (Note 15)		12,955		11,412
Total liabilities and equity		121,035		123,939
GE
Assets
Cash, cash equivalents and restricted cash	[2]	16,656		16,632
Investment securities (Note 3)	[2]	9,485		187
Current receivables (Note 4)	[2]	12,657		10,262
Financing receivables – net (Note 5)	[2]	0		0
Inventories (Note 6)	[2]	15,203		13,803
Other GE Capital receivables	[2]	0		0
Property, plant and equipment – net (Note 7)	[2]	14,132		14,828
Operating lease assets (Note 7)	[2]	3,187		0
Receivable from GE Capital	[2]	20,244		22,513
Investment in GE Capital	[2]	12,819		11,412
Goodwill (Note 8)	[2]	25,827		33,070
Other intangible assets – net (Note 8)	[2]	10,560		11,942
Contract and other deferred assets (Note 10)	[2]	17,166		17,431
All other assets	[2]	9,061		8,578
Deferred income taxes (Note 14)	[2]	7,156		10,176
Assets of businesses held for sale (Note 2)	[2]	8,755		1,524
Assets of discontinued operations (Note 2)	[2]	186		59,169
Total assets	[2]	183,094		231,526
Liabilities and equity
Short-term borrowings (Note 11)	[2]	5,465		5,147
Short-term borrowings assumed by GE (Note 11)	[2]	7,310		4,207
Accounts payable, principally trade accounts	[2]	17,858		19,148
Progress collections and deferred income (Note 10)	[2]	19,245		19,239
Other GE current liabilities	[2]	13,886		14,453
Non-recourse borrowings of consolidated securitization entities (Note 11)	[2]	0		0
Long-term borrowings (Note 11)	[2]	15,107		20,804
Long-term borrowings assumed by GE (Note 11)	[2]	26,204		32,054
Operating lease liabilities (Note 7)	[2]	3,389		0
Insurance liabilities and annuity benefits (Note 12)	[2]	0		0
Non-current compensation and benefits	[2]	30,654		31,875
All other liabilities	[2]	13,371		14,889
Liabilities of businesses held for sale (Note 2)	[2]	1,430		748
Liabilities of discontinued operations (Note 2)	[2]	159		17,481
Total liabilities	[2]	154,078		180,045
Preferred stock (5,939,875 shares outstanding at both September 30, 2019 and December 31, 2018)	[2]	6		6
Common stock (8,733,549,000 and 8,702,227,000 shares outstanding at September 30, 2019 and December 31, 2018, respectively)	[2]	702		702
Accumulated other comprehensive income (loss) – net attributable to GE	[2]	(11,361)		(14,414)
Other capital	[2]	34,315		35,504
Retained earnings	[2]	87,213		93,109
Less common stock held in treasury	[2]	(82,940)		(83,925)
Total GE shareowners’ equity	[2]	27,935		30,981
Noncontrolling interests	[2]	1,082		20,499
Total equity (Note 15)	[2]	29,016		51,480
Total liabilities and equity	[2]	$ 183,094		$ 231,526
[1]	Total equity balance decreased by $(18,684) million in the last twelve months from September 30, 2018, primarily due to reduction of non-controlling interest balance of $(15,192) million attributable to Baker Hughes Class A shareholders at September 30, 2018 and after-tax loss of $(8,190) million in discontinued operations due to deconsolidation of Baker Hughes in the third quarter of 2019, partially offset by after-tax gain of $2,508 million
[2]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

STATEMENT OF FINANCIAL POSITI_2

STATEMENT OF FINANCIAL POSITION (Parenthetical) - shares	Sep. 30, 2019	Dec. 31, 2018
Preferred stock, shares outstanding	5,939,875	5,939,875
Common stock, shares outstanding	8,727,072,000	8,702,227,000
GE Capital
Preferred stock, shares outstanding	5,939,875	5,939,875
Common stock, shares outstanding	8,733,549,000	8,702,227,000
GE
Preferred stock, shares outstanding	5,939,875	5,939,875
Common stock, shares outstanding	8,733,549,000	8,702,227,000

STATEMENT OF CASH FLOWS (UNAUDI

STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Cash flows – operating activities
Net earnings (loss)		$ (9,383)	$ (22,859)	$ (5,634)	$ (23,304)
(Earnings) loss from discontinued operations		8,093	(155)	5,212	1,526
Adjustments to reconcile net earnings (loss) to cash provided from operating activities
Depreciation and amortization of property, plant and equipment (Note 7)				2,969	3,357
Amortization of intangible assets (Note 8)		496	831	1,220	1,740
Goodwill impairments (Note 8)		740	21,973	1,484	21,973
(Earnings) loss from continuing operations retained by GE Capital				0	0
(Gains) losses on purchases and sales of business interests				(260)	(763)
Principal pension plans cost (Note 13)				2,509	3,172
Principal pension plans employer contributions				(202)	(6,186)
Other postretirement benefit plans (net)				(809)	(854)
Provision (benefit) for income taxes		41	52	(1)	460
Cash recovered (paid) during the year for income taxes				(1,427)	(1,051)
Decrease (increase) in contract and other deferred assets				(321)	(750)
Decrease (increase) in GE current receivables				(1,857)	(993)
Decrease (increase) in inventories				(2,113)	(1,447)
Increase (decrease) in accounts payable				1,259	775
Increase (decrease) in GE progress collections				(216)	(1,081)
All other operating activities				1,606	(908)
Cash from (used for) operating activities – continuing operations				3,423	(4,334)
Cash from (used for) operating activities – discontinued operations				(1,390)	745
Cash from (used for) operating activities				2,033	(3,589)
Cash flows – investing activities
Additions to property, plant and equipment				(4,175)	(4,265)
Dispositions of property, plant and equipment				2,796	2,378
Additions to internal-use software				(208)	(249)
Net decrease (increase) in financing receivables				523	1,281
Proceeds from sale of discontinued operations				5,864	29
Proceeds from principal business dispositions				1,124	5,477
Net cash from (payments for) principal businesses purchased				0	(1)
Capital contribution from GE to GE Capital				0	0
All other investing activities				1,165	7,480
Cash from (used for) investing activities – continuing operations				7,087	12,129
Cash from (used for) investing activities – discontinued operations				(2,037)	(493)
Cash from (used for) investing activities				5,050	11,636
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)				(185)	(1,901)
Newly issued debt (maturities longer than 90 days)				1,449	2,349
Repayments and other debt reductions (maturities longer than 90 days)				(13,476)	(17,725)
Capital contribution from GE to GE Capital				0	0
Net dispositions (purchases) of GE shares for treasury				31	(6)
Dividends paid to shareowners				(411)	(3,282)
All other financing activities				(1,128)	(1,659)
Cash from (used for) financing activities – continuing operations				(13,721)	(22,224)
Cash from (used for) financing activities – discontinued operations				(368)	(2,743)
Cash from (used for) financing activities				(14,089)	(24,967)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash				(131)	(440)
Increase (decrease) in cash, cash equivalents and restricted cash				(7,136)	(17,361)
Cash, cash equivalents and restricted cash at beginning of year				35,548	44,724	$ 44,724
Cash, cash equivalents and restricted cash at September 30		28,412	27,364	28,412	27,364	35,548
Less cash, cash equivalents and restricted cash of discontinued operations at September 30		602	5,310	602	5,310
Cash, cash equivalents and restricted cash of continuing operations at September 30		27,810	22,054	27,810	22,054	31,124
Financial Services (GE Capital)
Cash flows – operating activities
Net earnings (loss)		(623)	139	(76)	(1,682)
(Earnings) loss from discontinued operations		18	(40)	(255)	1,579
Adjustments to reconcile net earnings (loss) to cash provided from operating activities
Depreciation and amortization of property, plant and equipment (Note 7)				1,513	1,593
Amortization of intangible assets (Note 8)				44	42
Goodwill impairments (Note 8)		0	0	0	0
(Earnings) loss from continuing operations retained by GE Capital	[1]			0	0
(Gains) losses on purchases and sales of business interests				0	(288)
Principal pension plans cost (Note 13)				0	0
Principal pension plans employer contributions				0	0
Other postretirement benefit plans (net)				(11)	(19)
Provision (benefit) for income taxes		(188)	(43)	(327)	(165)
Cash recovered (paid) during the year for income taxes				(81)	(95)
Decrease (increase) in contract and other deferred assets				0	0
Decrease (increase) in GE current receivables				0	0
Decrease (increase) in inventories				0	0
Increase (decrease) in accounts payable				(3)	(12)
Increase (decrease) in GE progress collections				0	0
All other operating activities				431	(456)
Cash from (used for) operating activities – continuing operations				1,235	497
Cash from (used for) operating activities – discontinued operations				(1,700)	(101)
Cash from (used for) operating activities				(465)	395
Cash flows – investing activities
Additions to property, plant and equipment				(2,795)	(2,630)
Dispositions of property, plant and equipment				2,544	2,196
Additions to internal-use software				(5)	(16)
Net decrease (increase) in financing receivables				2,399	6,656
Proceeds from sale of discontinued operations				0	29
Proceeds from principal business dispositions				380	2,011
Net cash from (payments for) principal businesses purchased				0	0
Capital contribution from GE to GE Capital				0	0
All other investing activities				211	(1,739)
Cash from (used for) investing activities – continuing operations				2,734	6,507
Cash from (used for) investing activities – discontinued operations				1,770	(224)
Cash from (used for) investing activities				4,504	6,283
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)				(539)	(1,765)
Newly issued debt (maturities longer than 90 days)				1,445	2,288
Repayments and other debt reductions (maturities longer than 90 days)				(8,613)	(17,274)
Capital contribution from GE to GE Capital				1,500	0
Net dispositions (purchases) of GE shares for treasury				0	0
Dividends paid to shareowners				(266)	(185)
All other financing activities				(805)	(2,091)
Cash from (used for) financing activities – continuing operations				(7,279)	(19,027)
Cash from (used for) financing activities – discontinued operations				(1)	0
Cash from (used for) financing activities				(7,279)	(19,027)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash				(28)	(51)
Increase (decrease) in cash, cash equivalents and restricted cash				(3,269)	(12,400)
Cash, cash equivalents and restricted cash at beginning of year				15,020	25,902	25,902
Cash, cash equivalents and restricted cash at September 30		11,751	13,502	11,751	13,502	15,020
Less cash, cash equivalents and restricted cash of discontinued operations at September 30		598	432	598	432
Cash, cash equivalents and restricted cash of continuing operations at September 30		11,154	13,071	11,154	13,071	14,492
GE
Cash flows – operating activities
Net earnings (loss)	[2]	(9,424)	(22,940)	(5,902)	(23,604)
(Earnings) loss from discontinued operations	[2]	8,093	(155)	5,212	1,526
Adjustments to reconcile net earnings (loss) to cash provided from operating activities
Depreciation and amortization of property, plant and equipment (Note 7)	[2]			1,453	1,756
Amortization of intangible assets (Note 8)	[2]			1,176	1,698
Goodwill impairments (Note 8)	[2]	740	21,973	1,484	21,973
(Earnings) loss from continuing operations retained by GE Capital	[1],[2]			599	403
(Gains) losses on purchases and sales of business interests	[2]			(260)	(475)
Principal pension plans cost (Note 13)	[2]			2,509	3,172
Principal pension plans employer contributions	[2]			(202)	(6,186)
Other postretirement benefit plans (net)	[2]			(798)	(835)
Provision (benefit) for income taxes	[2]	229	95	327	624
Cash recovered (paid) during the year for income taxes	[2]			(1,346)	(956)
Decrease (increase) in contract and other deferred assets	[2]			(321)	(750)
Decrease (increase) in GE current receivables	[2]			(2,370)	(580)
Decrease (increase) in inventories	[2]			(1,950)	(1,442)
Increase (decrease) in accounts payable	[2]			164	683
Increase (decrease) in GE progress collections	[2]			(254)	(930)
All other operating activities	[2]			554	(537)
Cash from (used for) operating activities – continuing operations	[2]			77	(4,458)
Cash from (used for) operating activities – discontinued operations	[2]			(17)	730
Cash from (used for) operating activities	[2]			60	(3,729)
Cash flows – investing activities
Additions to property, plant and equipment	[2]			(1,596)	(1,702)
Dispositions of property, plant and equipment	[2]			273	193
Additions to internal-use software	[2]			(203)	(233)
Net decrease (increase) in financing receivables	[2]			0	0
Proceeds from sale of discontinued operations	[2]			5,864	0
Proceeds from principal business dispositions	[2]			1,083	3,270
Net cash from (payments for) principal businesses purchased	[2]			(380)	(1)
Capital contribution from GE to GE Capital	[2]			(1,500)	0
All other investing activities	[2]			3,404	(824)
Cash from (used for) investing activities – continuing operations	[2]			6,946	702
Cash from (used for) investing activities – discontinued operations	[2]			(3,480)	(153)
Cash from (used for) investing activities	[2]			3,466	550
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	[2]			(1,005)	(1,489)
Newly issued debt (maturities longer than 90 days)	[2]			5	6,555
Repayments and other debt reductions (maturities longer than 90 days)	[2]			(5,342)	(1,007)
Capital contribution from GE to GE Capital	[2]			0	0
Net dispositions (purchases) of GE shares for treasury	[2]			31	(6)
Dividends paid to shareowners	[2]			(262)	(3,135)
All other financing activities	[2]			(348)	432
Cash from (used for) financing activities – continuing operations	[2]			(6,923)	1,350
Cash from (used for) financing activities – discontinued operations	[2]			(368)	(2,743)
Cash from (used for) financing activities	[2]			(7,290)	(1,393)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	[2]			(103)	(388)
Increase (decrease) in cash, cash equivalents and restricted cash	[2]			(3,867)	(4,961)
Cash, cash equivalents and restricted cash at beginning of year	[2]			20,528	18,822	18,822
Cash, cash equivalents and restricted cash at September 30	[2]	16,660	13,862	16,660	13,862	20,528
Less cash, cash equivalents and restricted cash of discontinued operations at September 30	[2]	4	4,878	4	4,878
Cash, cash equivalents and restricted cash of continuing operations at September 30	[2]	$ 16,656	$ 8,983	$ 16,656	$ 8,983	$ 16,632
[1]	Represents GE Capital earnings (loss) from continuing operations attributable to the Company.
[2]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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. As used in these financial statements, “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 represents the adding together of all affiliates of GE Capital with the effects of transactions among such affiliates eliminated; and “Consolidated” represents the adding together of GE and GE Capital with the effects of transactions between the two eliminated. The consolidated financial statements and notes thereto are unaudited. These statements include all adjustments 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. These consolidated financial statements should 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, 2018 . 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. Our significant accounting policies are described in Note 1 to the consolidated financial statements of our aforementioned Annual Report. We include herein certain updates to those policies. Cash, cash equivalents and restricted cash. Debt securities and money market instruments with original maturities of three months or less are included in cash, cash equivalents and restricted cash unless designated as available-for-sale and classified as investment securities. The balance includes restricted cash of $633 million and $388 million at September 30, 2019 and December 31, 2018, respectively, primarily comprising collateral for receivables sold and funds restricted in connection with certain ongoing litigation matters. LEASE ACCOUNTING. We determine if an arrangement is a lease or a service contract at inception. Where an arrangement is a lease we determine if it is an operating lease or a finance lease. Subsequently, if the arrangement is modified we reevaluate our classification. Lessee. At lease commencement, we record a lease liability and corresponding right-of-use (ROU) asset. Lease liabilities represent the present value of our future lease payments over the expected lease term which includes options to extend or terminate the lease when it is reasonably certain those options will be exercised. We have elected to include lease and non-lease components in determining our lease liability for all leased assets except our vehicle leases. Non-lease components are generally services that the lessor performs for the Company associated with the leased asset. For those leases with payments based on an index, the lease liability is determined using the index at lease commencement. Lease payments based on increases in the index subsequent to lease commencement are recognized as variable lease expense as they occur. The present value of our lease liability is determined using our incremental collateralized borrowing rate at lease inception. ROU assets represent our right to control the use of the leased asset during the lease and are recognized in an amount equal to the lease liability for leases with an initial term greater than 12 months. Over the lease term we use the effective interest rate method to account for the lease liability as lease payments are made and the ROU asset is amortized to earnings in a manner that results in straight-line expense recognition. Lessor. Equipment leased to others under operating leases are included in "Property, plant and equipment" and leases classified as finance leases are included in "Financing receivables" on our consolidated Statement of Financial Position. Refer to Notes 5 and 7 for additional information. ACCOUNTING CHANGES. On January 1, 2019, we adopted ASU No. 2016-02, Leases . Upon adoption, we recorded a $315 million increase to retained earnings, primarily attributable to the release of deferred gains on sale-lease back transactions. Our ROU assets and lease liabilities for operating leases excluding discontinued operations at adoption were $ 3,272 million and $ 3,459 million, respectively. After the adoption date, cash collections of principal on financing leases, are classified as Cash from operating activities in our consolidated Statement of Cash Flows. Previously, such flows were classified as Cash from investing activities. On January 1, 2019, we adopted ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities . The ASU requires certain changes to the presentation of hedge accounting in the financial statements and some new or modified disclosures. The ASU also simplifies the application of hedge accounting and expands the strategies that qualify for hedge accounting. Upon adoption, we recorded an increase to retained earnings and a decrease to borrowings of $52 million

BUSINESSES HELD FOR SALE AND DI

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS	9 Months Ended
	Sep. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]
BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS	NOTE 2. BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE. In August 2019, we announced an agreement to sell PK AirFinance, an aviation lending business within our Capital segment, to Apollo Global Management, LLC (Apollo) and Athene Holding Ltd. (Athene). As of the third quarter of 2019, we had assets of $3,900 million and liabilities of $129 million for this business classified as held for sale. We expect to complete the sale in the fourth quarter of 2019. In February 2019, we announced an agreement to sell our BioPharma business within our Healthcare segment to Danaher Corporation for total consideration of approximately $ 21,400 million . As of the third quarter of 2019, we had assets of $8,332 million (including goodwill of $5,523 million ) and liabilities of $1,174 million for this business classified as held for sale. We expect to complete the sale, subject to regulatory approval, in the first quarter of 2020. In November 2017, the Company announced its intention to exit approximately $20 billion of assets. Since this announcement, GE has classified various businesses across our Power, Aviation, and Healthcare segments, and Corporate as held for sale. In 2019, we closed certain of these transactions within Corporate and our Power and Aviation segments for total net proceeds of $ 1,070 million, recognized a pre-tax gain of $ 218 million in the caption “Other income” in our consolidated Statement of Earnings (Loss) and liquidated $ 548 million of our previously recorded valuation allowance. These transactions are subject to customary working capital and other post-close adjustments. As of September 30, 2019, we have closed the sale of substantially all of these assets in accordance with the plan. ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE (In millions) September 30, 2019 December 31, 2018 Current receivables $ 400 $ 184 Inventories 707 529 Financing receivables held for sale 3,849 — Property, plant, and equipment – net and Operating leases 906 423 Goodwill and Other intangible assets - net 6,285 884 Valuation allowance (508 ) (1,013 ) Deferred tax asset 819 — Other assets 376 622 Assets of businesses held for sale $ 12,832 $ 1,629 Accounts payable & Progress collections and deferred income $ 798 $ 428 Non-current compensation and benefits 360 152 Other liabilities 384 128 Liabilities of businesses held for sale $ 1,543 $ 708 DISCONTINUED OPERATIONS . Discontinued operations include our Baker Hughes and Transportation segments and certain assets and liabilities from legacy financial services businesses. In September 2019, pursuant to our announced plan of an orderly separation of Baker Hughes over time, we sold a total of 144.1 million shares in Baker Hughes for $3,037 million in cash (net of expenses) which, reduced our ownership interest in Baker Hughes from 50.2% to 36.8% . As a result, we have deconsolidated our Baker Hughes segment and reclassified results to discontinued operations for all periods presented and recognized a loss of $8,667 million ( $8,190 million after-tax) in discontinued operations in the third quarter of 2019. The loss represents the sum of the realized loss on sale of the 144.1 million shares as well as the loss upon deconsolidation, which represents the difference between the carrying value and fair value of our remaining interest as of the transaction date. We elected to account for our remaining interest in Baker Hughes (comprising our 36.8% ownership interest and a promissory note receivable) at fair value. The initial fair value of this investment was $9,631 million based on the Baker Hughes opening share price of $23.53 as of the transaction date and the fair value of the promissory note receivable of $750 million . Our investment is recorded in the caption “Investment securities” in our consolidated Statement of Financial Position and related earnings or loss from subsequent changes in fair value will be recognized in the caption "Other income" in continuing operations in our consolidated Statement of Earnings (Loss). See Note 3 for further information. We have continuing involvement with Baker Hughes primarily through our remaining interest, ongoing purchases and sales of products and services, as well as the transition services that we provide to Baker Hughes. Since the date of the transaction, our sales and purchases of products and services with Baker Hughes and affiliates was not significant during the third quarter of 2019. They also participated in GE's supply chain finance program up to the date of separation with a current outstanding balance of $312 million . In addition, Baker Hughes has an outstanding promissory note to GE, which represents cash that Baker Hughes is holding on GE’s behalf due to its restricted nature. The restrictions arise as majority of the cash cannot be transferred or converted into a non-restricted market currency due to the lack of market liquidity, capital controls or exchange limitations by a Government entity. As these restrictions lapse, Baker Hughes is obligated to make principal repayments on the promissory note. Since the date of the transaction, we have collected net cash of $157 million from Baker Hughes related to these activities, including $151 million repayment on the promissory note. In February 2019, we completed the spin-off and subsequent merger of our Transportation business with Wabtec, a U.S. rail equipment manufacturer. In the transaction, GE shareholders received shares of Wabtec common stock representing an approximate 24.3% ownership interest in Wabtec common stock. GE received $2,827 million in cash (net of certain deal related costs) as well as shares of Wabtec common stock and Wabtec non-voting convertible preferred stock that, together, represent approximately 24.9% ownership interest in Wabtec. In addition, GE is entitled to additional cash consideration up to $470 million for tax benefits that Wabtec realizes from the transaction. We reclassified our Transportation segment to discontinued operations in the first quarter of 2019. As part of the transaction, we recorded a gain of $3,471 million ( $2,508 million after-tax) in discontinued operations and a net after-tax decrease of $852 million in additional paid in capital in connection with the spin-off of approximately 49.4% of Transportation to our shareholders. The fair value of our interest in Wabtec’s common and preferred shares was $3,513 million based on the opening share price of $73.45 at the date of the transaction and was recorded in the caption “Investment securities” in our consolidated Statement of Financial Position. Discontinued operations for our financial services businesses primarily relate to the GE Capital Exit Plan (our plan announced in 2015 to reduce the size of our financial services businesses) and were previously reported in the Capital segment. These discontinued operations primarily comprise residual assets and liabilities related to our exited U.S. mortgage business (WMC), our mortgage portfolio in Poland, and trailing liabilities associated with the sale of our GE Capital businesses. In January 2019, we announced an agreement in principle with the United States to settle the investigation by the U.S. Department of Justice (DOJ) regarding potential violations of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) by WMC and GE Capital, and in April 2019, the parties entered into a definitive settlement agreement. Under the agreement, which concludes this investigation, GE, without admitting liability or wrongdoing, paid the United States a civil penalty of $1,500 million . In June 2019, GE Capital recorded in the caption "Earnings (loss) from discontinued operations, net of taxes" in our consolidated Statement of Earnings (Loss), $332 million of tax benefits and $46 million of net interest benefits due to a decrease in our balance of unrecognized tax benefits. See Note 14 for further information. Results of operations, financial position and cash flows for these businesses are reported as discontinued operations for all periods pr esented. RESULTS OF DISCONTINUED OPERATIONS (In millions) Baker Hughes Transportation and Other GE Capital Total Three months ended September 30 2019 2018 2019 2018 2019 2018 2019 2018 Operations Sales of goods and services $ 4,478 $ 5,670 $ — $ 932 $ — $ — $ 4,478 $ 6,602 GE Capital revenues and other income (loss) — — — — 16 152 16 152 Cost of goods and services sold (3,686 ) (4,767 ) — (652 ) — — (3,686 ) (5,419 ) Other costs and expenses (618 ) (830 ) (16 ) (127 ) (53 ) (90 ) (686 ) (1,048 ) Earnings (loss) of discontinued operations before income taxes 175 73 (16 ) 152 (37 ) 61 121 287 Benefit (provision) for income taxes (50 ) (78 ) 6 (32 ) 29 (22 ) (14 ) (132 ) Earnings (loss) of discontinued operations, net of taxes(a) $ 125 $ (5 ) $ (9 ) $ 120 $ (8 ) $ 40 $ 107 $ 155 Disposal Gain (loss) on disposal before income taxes (8,667 ) — — — (10 ) — (8,677 ) — Benefit (provision) for income taxes 477 — — — — — 477 — Gain (loss) on disposal, net of taxes $ (8,190 ) $ — $ — $ — $ (10 ) $ — $ (8,201 ) $ — Earnings (loss) from discontinued operations, net of taxes $ (8,066 ) $ (5 ) $ (9 ) $ 120 $ (18 ) $ 40 $ (8,093 ) $ 155 (a) Earnings (loss) of discontinued operations attributable to the Company after income taxes was $61 million and $148 million for the three months ended September 30, 2019 and 2018 respectively. RESULTS OF DISCONTINUED OPERATIONS (In millions) Baker Hughes Transportation and Other GE Capital Total Nine months ended September 30 2019 2018 2019 2018 2019 2018 2019 2018 Operations Sales of goods and services $ 16,047 $ 16,609 $ 549 $ 2,746 $ — $ — $ 16,596 $ 19,355 GE Capital revenues and other income (loss) — — — — 7 (1,316 ) 7 (1,316 ) Cost of goods and services sold (13,317 ) (14,140 ) (478 ) (1,942 ) — — (13,795 ) (16,082 ) Other costs and expenses (2,386 ) (2,530 ) (22 ) (473 ) (142 ) (298 ) (2,550 ) (3,301 ) Earnings (loss) of discontinued operations before income taxes 345 (61 ) 49 331 (136 ) (1,614 ) $ 258 $ (1,343 ) Benefit (provision) for income taxes (165 ) (124 ) (13 ) (93 ) 356 32 178 (186 ) Earnings (loss) of discontinued operations, net of taxes(a) $ 179 $ (185 ) $ 36 $ 237 $ 220 $ (1,582 ) $ 436 $ (1,529 ) Disposal Gain (loss) on disposal before income taxes (8,667 ) — 3,471 — 36 4 $ (5,160 ) $ 4 Benefit (provision) for income taxes 477 — (963 ) — (2 ) (1 ) (488 ) (1 ) Gain (loss) on disposal, net of taxes $ (8,190 ) $ — $ 2,508 $ — $ 35 $ 3 $ (5,648 ) $ 3 Earnings (loss) from discontinued operations, net of taxes $ (8,011 ) $ (185 ) $ 2,544 $ 237 $ 255 $ (1,579 ) $ (5,212 ) $ (1,526 ) (a) Earnings (loss) of discontinued operations attributable to the Company after income taxes was $378 million and $(1,432) million for the nine months ended September 30, 2019 and 2018 respectively. ASSETS AND LIABILITIES OF DISCONTINUED OPERATIONS (In millions) September 30, 2019 December 31, 2018 Cash, cash equivalents and restricted cash $ 602 $ 4,424 Investment securities 207 522 Current receivables 81 6,258 Inventories — 5,419 Financing receivables held for sale (Polish mortgage portfolio) 2,542 2,745 Property, plant and equipment - net and Operating leases 139 7,139 Goodwill and intangible assets - net — 31,622 Deferred income taxes 312 1,174 All other assets 296 4,550 Assets of discontinued operations(a) $ 4,178 $ 63,853 Accounts payable and Progress collections and deferred income $ 32 $ 6,806 Operating lease liabilities 217 — Other GE current liabilities 51 2,002 All other liabilities 88 10,473 Liabilities of discontinued operations(b) $ 387 $ 19,281 (a) Assets of discontinued operations included $54,596 million and $4,573 million related to our Baker Hughes and Transportation businesses, respectively as of December 31, 2018. (b) Liabilities of discontinued operations included $15,535 million and $1,871 million related to our Baker Hughes and Transportation businesses, respectively as of December 31, 2018. Included within all other liabilities of discontinued operations at September 30, 2019 and December 31, 2018 are intercompany tax receivables in the amount of $ 879 million and $1,141 million , respectively, primarily related to the financial services businesses that were part of the GE Capital Exit Plan, that are offset within all other liabilities of consolidated GE.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	9 Months Ended
	Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	NOTE 3. INVESTMENT SECURITIES All of our debt securities are classified as available-for-sale and substantially all are investment-grade debt securities supporting obligations to annuitants and policyholders in our run-off insurance operations. Changes in fair value of our debt securities are recorded to other comprehensive income. All of our equity securities have readily determinable fair values and changes in fair value are recorded to earnings. September 30, 2019 December 31, 2018 (In millions) Amortized Gross Gross Estimated Amortized Gross Gross Estimated Debt U.S. corporate $ 22,945 $ 4,728 $ (20 ) $ 27,653 $ 21,306 $ 2,257 $ (357 ) $ 23,206 Non-U.S. corporate 2,212 262 (1 ) 2,473 1,906 53 (76 ) 1,883 State and municipal 3,207 705 (19 ) 3,893 3,320 367 (54 ) 3,633 Mortgage and asset-backed 3,000 158 (3 ) 3,155 3,325 51 (54 ) 3,322 Government and agencies 1,420 155 — 1,575 1,314 62 (20 ) 1,357 Equity 9,476 — — 9,476 107 — — 107 Total $ 42,259 $ 6,008 $ (42 ) $ 48,225 $ 31,277 $ 2,792 $ (561 ) $ 33,508 The estimated fair values of investment securities at September 30, 2019 increased since December 31, 2018, primarily due to decreases in market yields and the classification of our remaining equity interest in Baker Hughes within investment securities. We elected to account for our remaining Baker Hughes interest, comprising our 36.8% ownership interest and a promissory note receivable, at fair value, which is estimated at $9,356 million at September 30, 2019. During the three months ended September 30, 2019, we completed the sale of our remaining Wabtec common stock for proceeds of $1,584 million . See Note 2 for further information. Net unrealized gains (losses) recorded to earnings for equity securities were $(89) million and $(131) million for the three and nine months ended September 30, 2019 , respectively, including a loss of $(125) million related to our interest in Baker Hughes. Net unrealized gains (losses) recorded to earnings for equity securities were $(57) million and $210 million for the three and nine months ended September 30, 2018, respectively. Although we generally do not have the intent to sell any specific debt securities in the ordinary course of managing our portfolio, we may sell debt 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. Where we have retained an equity interest in disposed businesses, we intend to sell those equity interests when it's economically advantageous to do so. Proceeds from debt and equity securities sales, early redemptions by issuers and principal payments on the Baker Hughes promissory note totaled $2,318 million and $1,483 million in the three months ended and $6,652 million and $2,173 million in the nine months ended September 30, 2019 and 2018, respectively. Gross realized gains on investment securities were $10 million and $11 million and gross realized losses and impairments were $(75) million and $(32) million in the three months ended September 30, 2019 and 2018, respectively. Gross realized gains on investment securities were $86 million and $49 million and gross realized losses and impairments were $(181) million and $(35) million in the nine months ended September 30, 2019 and 2018, respectively. These realized losses included $(70) million and $(130) million related to the Wabtec sale in the three months and nine months ended September 30, 2019 , respectively. Gross unrealized losses of $(10) million and $(32) million are associated with debt securities with a fair value of $791 million and $333 million that have been in a loss position for less than 12 months and 12 months or more, respectively, at September 30, 2019 . Gross unrealized losses of $(310) million and $(251) million are associated with debt securities with a fair value of $7,048 million and $3,856 million that have been in a loss position for less than 12 months and 12 months or more, respectively, at December 31, 2018. 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 $ 390 $ 396 After one year through five years 2,808 2,964 After five years through ten years 6,636 7,628 After ten years 19,950 24,606 We expect actual maturities to differ from contractual maturities because borrowers have the right to call or prepay certain obligations. Substantially all of our equity securities are classified within Level 1 and substantially all our debt securities are classified within Level 2 as their valuation is determined based on significant observable inputs. Investments with a fair value of $ 4,971 million and $4,013 million were classified within Level 3 as significant inputs to the valuation model are unobservable at September 30, 2019 and December 31, 2018, respectively. During the nine months ended September 30, 2019 and 2018, there were no significant transfers into or out of Level 3. In addition to the investment securities described above, we hold $586 million and $542 million of equity securities without readily determinable fair value at September 30, 2019 and December 31, 2018, respectively that are classified within "All other assets" in our consolidated Statement of Financial Position. We recognize these assets at cost and have recorded insignificant fair value increases, net of impairment, for the three and nine months ended September 30, 2019 and 2018, respectively and cumulatively, based on observable transactions.

CURRENT AND LONG-TERM RECEIVABL

CURRENT AND LONG-TERM RECEIVABLES	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
CURRENT AND LONG-TERM RECEIVABLES	NOTE 4. CURRENT AND LONG-TERM RECEIVABLES CURRENT RECEIVABLES Consolidated GE (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Customer receivables $ 12,225 $ 10,742 $ 8,444 $ 6,355 Sundry receivables 4,638 4,573 5,059 4,569 Allowance for losses (845 ) (670 ) (845 ) (662 ) Total current receivables $ 16,018 $ 14,645 $ 12,657 $ 10,262 Current sundry receivables include supplier advances, revenue sharing programs receivables, other non-income based tax receivables, certain intercompany balances that eliminate upon consolidation and deferred purchase price. The deferred purchase price represents our retained risk with respect to current customer receivables sold to third parties through one of the Receivable Facilities. The balance of the deferred purchase price held by GE Capital at September 30, 2019 and December 31, 2018, was $ 368 million and $ 468 million, respectively. Sales of GE current customer receivables. During any given period, GE sells customer receivables to manage short-term liquidity and credit exposure. These sales to GE Capital or third parties are made on arm's length terms and any discount related to time value of money is recognized by GE when the customer receivables are sold. During the nine months ended September 30, 2019 and 2018, GE sold approximately 59% and 70% , respectively, of its customer receivables to GE Capital or third parties. Activity related to customer receivables sold by GE is as follows: Nine months ended September 30 (In millions) 2019 2018 GE Capital (a) Third Parties GE Capital (a) Third Parties Balance at January 1 $ 4,386 $ 7,880 $ 9,656 $ 5,710 GE sales to GE Capital 30,383 — 37,349 — GE sales to third parties — 3,002 — 3,417 GE Capital sales to third parties (20,505 ) 20,505 (22,212 ) 22,212 Collections and other (10,746 ) (25,004 ) (19,395 ) (24,431 ) Reclassification from long-term customer receivables 265 — 492 — Balance at September 30 $ 3,782 $ 6,382 $ 5,889 $ 6,907 (a) At September 30, 2019 and 2018, $ 866 million and $ 1,675 million , respectively, of the current receivables purchased and retained by GE Capital, had been sold by GE to GE Capital with recourse (i.e., GE retains all or some risk of default). The effect on GE CFOA of claims by GE Capital on receivables sold with recourse has been insignificant for the nine months ended September 30, 2019 and 2018. When GE sells customer receivables to GE Capital or third parties it accelerates the receipt of cash that would otherwise have been collected from customers. In any given period, the amount of cash received from sales of customer receivables compared to the cash GE would have otherwise collected had those customer receivables not been sold represents the cash generated or used in the period relating to this activity. Sales to GE Capital impact GE CFOA, while sales to third parties impact both GE and consolidated CFOA. The impact of selling fewer customer receivables to GE Capital, including those subsequently sold by GE Capital to third parties, decreased GE’s CFOA by $1,847 million and $2,718 million in the nine months ended September 30, 2019 and 2018, respectively. LONG-TERM RECEIVABLES. In certain circumstances, GE provides customers, primarily within our Power, Renewable Energy and Aviation businesses, with extended payment terms for the purchase of new equipment, purchases of upgrades and spare parts for our long-term service agreements. These long-term customer receivables are initially recorded at present value and have an average remaining duration of approximately 3 years and are included in “All other assets” in the consolidated Statement of Financial Position. Consolidated GE (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Long-term customer receivables $ 1,181 $ 1,442 $ 653 $ 559 Long-term sundry receivables 1,545 1,180 1,743 1,519 Allowance for losses (110 ) (145 ) (110 ) (145 ) Total long-term receivables $ 2,616 $ 2,477 $ 2,285 $ 1,933 Long-term sundry receivables include supplier advances, revenue sharing programs receivables, other non-income based tax receivables and certain intercompany balances that eliminate upon consolidation. Sales of GE long-term customer receivables. GE may sell long-term customer receivables to manage liquidity and credit exposure. Through the second quarter of 2018, these sales were primarily made to GE Capital, while subsequently, GE has sold an insignificant amount to third parties to transfer economic risk during both the nine months ended September 30, 2019 and 2018. Activity related to long-term customer receivables purchased by GE Capital is as follows: Nine months ended September 30 (In millions) 2019 2018 GE Capital(a) GE Capital(a) Balance at January 1 $ 883 $ 1,947 GE sales to GE Capital — 123 Sales, collections, accretion and other (90 ) (272 ) Reclassification to current customer receivables (265 ) (492 ) Balance at September 30 $ 528 $ 1,307 (a) At September 30, 2019 and 2018, $402 million and $797 million, respectively, of long-term customer receivables purchased and retained by GE Capital, had been sold by GE to GE Capital with recourse (i.e., GE retains all or some risk of default). The effect on GE CFOA of claims by GE Capital on receivables sold with recourse have been insignificant for the nine months ended September 30, 2019 and 2018. Similar to sales of current customer receivables, sales of long-term customer receivables can result in cash generation or use in our Statements of Cash Flows. The impact from the sale of long-term customer receivables to GE Capital, including those subsequently sold by GE Capital to third parties, decreased GE’s CFOA by $380 million and $629 million in the nine months ended September 30, 2019 and 2018, respectively. UNCONSOLIDATED RECEIVABLES FACILITIES . GE Capital has two revolving Receivables Facilities, with a total program size of $5,100 million , under which customer receivables purchased from GE are sold to third parties. In one of the facilities, upon the sale of receivables, we receive proceeds of cash and deferred purchase price and the Company’s remaining risk with respect to the sold receivables is limited to the balance of the deferred purchase price. In the other facility, upon the sale of receivables, we receive proceeds of cash only and therefore the Company has no remaining risk with respect to the sold receivables. Activity related to these facilities is included in “GE Capital sales to third parties” line in the table above and is as follows: Nine months ended September 30 (In millions) 2019 2018 Customer receivables sold to receivables facilities $ 16,062 $ 17,115 Total cash purchase price for customer receivables 15,824 13,096 Cash collections re-invested to purchase customer receivables 13,286 11,518 Non-cash increases to deferred purchase price $ 168 $ 3,935 Cash payments received on deferred purchase price 268 3,905 CONSOLIDATED SECURITIZATION ENTITIES . GE Capital consolidates three variable interest entities (VIEs) that purchased customer receivables and long-term customer receivables from GE. At September 30, 2019 and December 31, 2018 these VIEs held current customer receivables of $1,976 million and $2,141 million and long-term customer receivables of $456 million and $678 million , respectively that were funded through the issuance of non-recourse debt to third parties. At September 30, 2019 and December 31, 2018, the outstanding debt under their respective debt facilities was $1,498 million and $1,875 million

FINANCING RECEIVABLES AND ALLOW

FINANCING RECEIVABLES AND ALLOWANCES	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
FINANCING RECEIVABLES AND ALLOWANCES	NOTE 5. FINANCING RECEIVABLES AND ALLOWANCES Consolidated GE Capital (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Loans, net of deferred income $ 1,251 $ 5,118 $ 5,639 $ 10,834 Investment in financing leases, net of deferred income 2,120 2,639 2,120 2,822 3,371 7,757 7,759 13,656 Allowance for losses (50 ) (58 ) (12 ) (28 ) Financing receivables – net $ 3,321 $ 7,699 $ 7,748 $ 13,628 Consolidated finance lease income was $43 million and $65 million in the three months ended September 30, 2019 and 2018, respectively, and $135 million and $193 million for the nine months ended September 30, 2019 and 2018, respectively. In August 2019, we announced an agreement to sell PK AirFinance, and as of the third quarter of 2019, we classified related financing receivables of $3,849 million within "Assets of businesses held for sale" in our consolidated Statement of Financial Position. See Note 2 for further information. We manage our GE Capital financing receivables portfolio using delinquency and nonaccrual data as key performance indicators. At September 30, 2019, 3.3% , 2.3% and 3.7% of financing receivables were over 30 days past due, over 90 days past due and on nonaccrual, respectively, with the vast majority of nonaccrual financing receivables secured by collateral. At December 31, 2018, 2.4% , 1.8% and 0.9% of financing receivables were over 30 days past due, over 90 days past due and on nonaccrual, respectively. The increase in these key performance indicators at September 30, 2019 is primarily a result of the PK AirFinance reclassification described above. GE Capital financing receivables that comprise receivables purchased from GE are reclassified to either "Current receivables" or "All other assets" in the consolidated Statement of Financial Position. To the extent these receivables are purchased with full or limited recourse, they are excluded from the delinquency and nonaccrual data above. See Note 4 for further information. The portfolio also includes $385 million and $688 million of financing receivables that are guaranteed by GE, of which $93 million and $96 million of these loans are on nonaccrual at the consolidated level at September 30, 2019 and December 31, 2018, respectively. Additional allowance for loan losses are recorded at GE and at the consolidated level for these guaranteed loans.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 6. INVENTORIES (In millions) September 30, 2019 December 31, 2018 Raw materials and work in process $ 8,983 $ 8,057 Finished goods 6,025 5,548 Unbilled shipments 195 197 Total inventories $ 15,203 $ 13,803

PROPERTY, PLANT AND EQUIPMENT A

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES	9 Months Ended
	Sep. 30, 2019
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES	NOTE 7. PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES PROPERTY, PLANT AND EQUIPMENT (In millions) September 30, 2019 December 31, 2018 Original cost $ 75,196 $ 75,618 Less accumulated depreciation and amortization (32,310 ) (32,007 ) Property, plant and equipment – net $ 42,886 $ 43,611 Consolidated depreciation and amortization on property, plant and equipment was $1,004 million and $1,257 million in the three months ended September 30, 2019 and 2018, respectively, and $2,969 million and $3,357 million for the nine months ended September 30, 2019 and 2018 , respectively. Operating lease income on our equipment leased to others was $934 million and $997 million for the three months ended September 30, 2019 and 2018, respectively, and comprises fixed lease income of $755 million and $828 million and variable lease income of $178 million and $169 million , respectively. Operating lease income on our equipment leased to others was $2,883 million and $3,003 million for the nine months ended September 30, 2019 and 2018, respectively, and comprises of fixed lease income of $2,293 million and $2,457 million and variable lease income of $589 million and $546 million , respectively. Operating Lease Assets and Liabilities. Our ROU assets and lease liabilities for operating leases were $ 2,970 million and $ 3,169 million , respectively, as of September 30, 2019. Substantially all of our operating leases have remaining lease terms of 12 years or less , some of which may include options to extend. OPERATING LEASE EXPENSE Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Long-term (fixed) $ 180 $ 232 $ 625 $ 733 Long-term (variable) 41 26 111 135 Short-term 60 34 150 100 Total operating lease expense $ 281 $ 292 $ 887 $ 968 MATURITY OF LEASE LIABILITIES (In millions) Total 2019 (excluding nine months ended September 30, 2019) $ 212 2020 769 2021 636 2022 530 2023 429 Thereafter 1,195 Total undiscounted lease payments 3,771 Less: imputed interest (602 ) Total lease liability as of September 30, 2019 $ 3,169 SUPPLEMENTAL INFORMATION RELATED TO OPERATING LEASES (In millions) Operating cash flows used for operating leases for the nine months ended September 30, 2019 $ 683 Right-of-use assets obtained in exchange for new lease liabilities for the nine months ended September 30, 2019 $ 459 Weighted-average remaining lease term at September 30, 2019 6.8 years Weighted-average discount rate at September 30, 2019 5.1 %

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	NOTE 8. GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL (In millions) January 1, 2019 Dispositions and classification to held for sale Impairments Currency exchange Balance at Power $ 139 $ — $ — $ 6 $ 145 Renewable Energy 4,730 — (1,484 ) 33 3,279 Aviation 9,839 — — (31 ) 9,808 Healthcare 17,226 (5,532 ) — 28 11,722 Capital 904 (39 ) — (25 ) 839 Corporate 1,136 — — (263 ) 873 Total $ 33,974 $ (5,571 ) $ (1,484 ) $ (253 ) $ 26,666 Goodwill balances decreased primarily as a result of transferring our BioPharma business within our Healthcare segment to held for sale and goodwill impairments at our Hydro and Grid Solutions equipment and services reporting units within our Renewable Energy segment. We test goodwill for impairment annually in the third quarter of each year. Subsequent to this year's third quarter testing, and in order to improve alignment of our annual goodwill impairment test and strategic planning processes, we are changing our annual testing date from the third quarter to the fourth quarter. As a result, we will be required to retest each of our reporting units in the fourth quarter of 2019. 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 annual reporting unit valuations ranged from 9.6% to 22.0% . Based on the results of our annual impairment test, the fair values of each of our reporting units exceeded their carrying values except for our Hydro reporting unit within our Renewable Energy segment. The Hydro reporting unit continues to experience declines in order growth and increased project costs which resulted in downward revisions to our current and projected earnings and cash flows for this business. Therefore, we performed a step two analysis which resulted in a non-cash goodwill impairment loss of $740 million . We determined the fair value of the Hydro reporting unit using a combination of the income and market approaches. We recorded the impairment loss in the caption “Goodwill impairments” in our consolidated Statement of Earnings (Loss). After the impairment charge, there is no remaining goodwill associated with our Hydro reporting unit. All of the goodwill in this reporting unit was previously recognized as a result of the Alstom acquisition. In addition, we continue to monitor the operating results and cash flow forecasts of our Additive reporting unit in our Aviation segment as the fair value of this reporting unit was not significantly in excess of its carrying value. At September 30, 2019, our Additive reporting unit had goodwill of $1,097 million . We also continue to evaluate strategic options to accelerate the further reduction in the size of GE Capital, some of which could have a material charge depending on the timing, negotiated terms and conditions of any agreements, including $839 million of goodwill. In the second quarter of 2019, we reorganized our Grid Solutions reporting unit in our Power segment by separating our Grid Solutions software business from the Grid Solutions reporting unit. Our Grid Solutions software business was then moved into Corporate and combined with our Digital business. In addition, the remaining Grid Solutions reporting unit (now referred to as Grid Solutions equipment and services) was moved into our Renewable Energy segment as a separate reporting unit. As a result, we allocated goodwill between Grid Solutions software and the Grid Solutions equipment and services reporting unit based on the relative fair values of each business. This resulted in $1,618 million of goodwill transferring from our Power segment to our Renewable Energy segment and our Digital business within Corporate in the amounts of $744 million and $874 million , respectively. As a consequence of separating the two businesses, the Grid Solutions equipment and services reporting unit’s fair value was below its carrying value. Therefore, we conducted step two of the goodwill impairment test for this reporting unit using a current outlook. In performing the second step, we identified unrecognized intangible assets primarily related to internally developed technology and trade name. The combination of these unrecognized intangibles, adjustments to the carrying value of other assets and liabilities, and reduced reporting unit fair value calculated in step one, resulted in an implied fair value of goodwill below the carrying value of goodwill for the Grid Solutions equipment and services reporting unit. Therefore, we recorded a non-cash goodwill impairment loss of $744 million in the caption "Goodwill impairments" in our consolidated Statement of Earnings (Loss). After the impairment charge, there is no remaining goodwill associated with our Grid Solutions equipment and services reporting unit. Further, in the second quarter of 2019, a portion of goodwill recorded at Corporate associated with our Digital acquisitions that was previously allocated to our Renewable Energy, Aviation and Healthcare segments in purchase accounting and for goodwill testing purposes is reflected in these segments in the table above. In 2018, we recognized a total non-cash goodwill impairment loss of $22,136 million in our Power Generation, Grid Solutions, and Hydro reporting units in our Power and Renewable Energy segments, of which $21,973 million was recorded in the third quarter of 2018. Determining 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 - NET (In millions) September 30, 2019 December 31, 2018 Intangible assets subject to amortization $ 10,766 $ 12,178 Intangible assets decreased in the third quarter of 2019, primarily as a result of amortization, impairments, and the transfer of BioPharma within our Healthcare segment to held for sale of $526 million . Consolidated amortization expense was $496 million and $831 million in the three months ended September 30, 2019 and 2018, respectively, and $ 1,220 million and $1,740 million in the nine months ended September 30, 2019 and 2018 , respectively. Included within amortization expense for the three and nine months ended September 30, 2019 and September 30, 2018 were non-cash impairment charges recorded in Corporate and in our Power segment for $103 million and $428 million

REVENUES

REVENUES	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
REVENUES	NOTE 9. REVENUES The equipment and services revenues classification in the table below is consistent with our segment MD&A presentation. EQUIPMENT & SERVICES REVENUES Three months ended September 30 (In millions) 2019 2018 Equipment Services Total Equipment Services Total Power $ 1,434 $ 2,492 $ 3,926 $ 1,334 $ 3,225 $ 4,559 Renewable Energy 3,609 816 4,425 3,414 505 3,920 Aviation 3,149 4,960 8,109 2,833 4,646 7,480 Healthcare 2,828 2,095 4,923 2,700 2,006 4,707 Total Industrial segment revenues $ 11,020 $ 10,363 $ 21,383 $ 10,283 $ 10,383 $ 20,665 EQUIPMENT & SERVICES REVENUES Nine months ended September 30 (In millions) 2019 2018 Equipment Services Total Equipment Services Total Power $ 4,473 $ 8,751 $ 13,224 $ 6,224 $ 10,545 $ 16,768 Renewable Energy 8,457 2,133 10,590 7,979 1,663 9,642 Aviation 9,295 14,645 23,940 8,281 13,830 22,111 Healthcare 8,320 6,220 14,540 8,119 6,268 14,387 Total Industrial segment revenues $ 30,545 $ 31,748 $ 62,293 $ 30,602 $ 32,305 $ 62,908 SUB-SEGMENT REVENUES Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Gas Power $ 2,732 $ 2,678 $ 9,242 $ 9,719 Power Portfolio 1,194 1,882 3,982 7,050 Power $ 3,926 $ 4,559 $ 13,224 $ 16,768 Onshore Wind $ 3,193 $ 2,523 $ 7,084 $ 5,119 Grid Solutions equipment and services 1,004 1,059 2,876 3,483 Hydro and Offshore Wind 228 337 630 1,041 Renewable Energy $ 4,425 $ 3,920 $ 10,590 $ 9,642 Commercial Engines & Services $ 5,997 $ 5,636 $ 17,796 $ 16,443 Military 1,061 898 3,073 2,942 Systems & Other 1,050 946 3,071 2,726 Aviation $ 8,109 $ 7,480 $ 23,940 $ 22,111 Healthcare Systems $ 3,642 $ 3,566 $ 10,664 $ 10,877 Life Sciences 1,280 1,140 3,875 3,509 Healthcare $ 4,923 $ 4,707 $ 14,540 $ 14,387 Total Industrial Segment Revenues $ 21,383 $ 20,665 $ 62,293 $ 62,908 Capital(a) 2,097 2,473 6,645 7,075 Corporate items and eliminations (120 ) 254 39 531 Consolidated Revenues $ 23,360 $ 23,392 $ 68,976 $ 70,513 (a) Substantially all of our revenues at GE Capital are outside of the scope of ASC 606. REMAINING PERFORMANCE OBLIGATION . As of September 30, 2019, the aggregate amount of the contracted revenues allocated to our unsatisfied (or partially unsatisfied) performance obligations was $240,536 million . We expect to recognize revenue as we satisfy our remaining performance obligations as follows: 1) equipment-related remaining performance obligation of $45,809 million of which 53% , 66% and 71% is expected to be satisfied within 1 , 2 and 5 years , respectively, and the remaining thereafter; and 2) services-related remaining performance obligation of $194,727 million of which 11% , 48% , 72% and 91% is expected to be recognized within 1 , 5 , 10 and 15 years , respectively, and the remaining thereafter. Contract modifications could affect both the timing to complete as well as the amount to be received as we fulfill the related remaining performance obligations.

CONTRACT AND OTHER DEFERRED ASS

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME	9 Months Ended
	Sep. 30, 2019
Contractors [Abstract]
CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME	NOTE 10. CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME Contract and other deferred assets decreased $298 million in 2019. Our long-term service agreements decreased primarily due to billings of $8,306 million and a net unfavorable change in estimated profitability of $61 million at Aviation and $57 million at Power, offset by revenues recognized of $8,162 million . Our short-term and other service agreements increased due to the timing of revenue recognition ahead of billings primarily at Aviation. September 30, 2019 (In millions) Power Aviation Renewable Energy Healthcare and Other Total Revenues in excess of billings $ 5,346 $ 4,901 $ — $ — $ 10,247 Billings in excess of revenues (1,560 ) (3,293 ) — — (4,853 ) Long-term service agreements 3,787 1,607 — — 5,394 Short-term and other service agreements 172 343 — 290 804 Equipment contract revenues 2,670 93 1,288 324 4,374 Total contract assets 6,628 2,042 1,288 614 10,573 Deferred inventory costs 904 357 1,574 351 3,186 Nonrecurring engineering costs 42 2,107 62 45 2,257 Customer advances and other 1 1,149 — (32 ) 1,118 Contract and other deferred assets $ 7,576 $ 5,655 $ 2,924 $ 978 $ 17,133 December 31, 2018 (In millions) Power Aviation Renewable Energy Healthcare and Other Total Revenues in excess of billings $ 5,368 $ 5,412 $ — $ — $ 10,780 Billings in excess of revenues (1,693 ) (3,297 ) — — (4,989 ) Long-term service agreements 3,675 2,115 — — 5,790 Short-term and other service agreements 167 272 — 251 690 Equipment contract revenues 2,761 80 1,174 384 4,400 Total contract assets 6,603 2,468 1,174 635 10,880 Deferred inventory costs 1,003 673 1,267 365 3,309 Nonrecurring engineering costs 43 1,916 85 51 2,095 Customer advances and other — 1,146 — — 1,146 Contract and other deferred assets $ 7,650 $ 6,204 $ 2,525 $ 1,052 $ 17,431 Progress collections represent cash received from customers under ordinary commercial payment terms in advance of delivery. Progress collections on equipment contracts primarily comprises milestone payments received from customer prior to the manufacture and delivery of customized equipment orders. Other progress collections primarily comprise down payments from customers to reserve production slots for standardized inventory orders such as advance payments from customers when they place orders for wind turbines and blades within our Renewable Energy segment and payments from airframers and airlines for install and spare engines, respectively, within our Aviation segment. Progress collections and deferred income increased $6 million in 2019 primarily due to milestone payments received primarily at Aviation. These increases were partially offset by the timing of revenue recognition in excess of new collections received, primarily at Power and Renewable Energy. Revenues recognized for contracts included in liability position at the beginning of the year were $9,565 million and $ 10,692 million for the nine months ended September 30, 2019 and 2018, respectively . September 30, 2019 (In millions) Power Aviation Renewable Energy Healthcare and Other Total Progress collections on equipment contracts $ 5,568 $ 95 $ 1,105 $ — $ 6,768 Other progress collections 566 4,700 3,297 464 9,026 Total progress collections 6,133 4,795 4,402 464 15,794 Deferred income 40 1,447 290 1,673 3,450 GE Progress collections and deferred income $ 6,174 $ 6,241 $ 4,692 $ 2,137 $ 19,245 December 31, 2018 (In millions) Progress collections on equipment contracts $ 5,536 $ 114 $ 1,325 $ — $ 6,975 Other progress collections 691 4,034 3,557 500 8,783 Total progress collections 6,227 4,148 4,883 500 15,758 Deferred income 112 1,338 260 1,770 3,480 GE Progress collections and deferred income $ 6,339 $ 5,486 $ 5,143 $ 2,271 $ 19,239

BORROWINGS

BORROWINGS	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
BORROWINGS	NOTE 11. BORROWINGS (In millions) September 30, 2019 December 31, 2018 Short-term borrowings Commercial paper $ 2,997 $ 3,005 Current portion of long-term borrowings 764 60 Current portion of long-term borrowings assumed by GE 7,310 4,207 Other 1,703 2,081 Total GE short-term borrowings $ 12,775 $ 9,354 Current portion of long-term borrowings $ 4,601 $ 3,984 Intercompany payable to GE 2,990 2,684 Other 522 1,015 Total GE Capital short-term borrowings $ 8,113 $ 7,684 Eliminations (3,842 ) (4,262 ) Total short-term borrowings $ 17,046 $ 12,776 Long-term borrowings Senior notes $ 14,690 $ 20,387 Senior notes assumed by GE 23,384 29,218 Subordinated notes assumed by GE 2,820 2,836 Other 418 417 Total GE long-term borrowings $ 41,311 $ 52,858 Senior notes $ 32,537 $ 35,105 Subordinated notes 199 165 Intercompany payable to GE 17,255 19,828 Other 654 885 Total GE Capital long-term borrowings $ 50,645 $ 55,982 Eliminations (17,255 ) (19,892 ) Total long-term borrowings $ 74,701 $ 88,949 Non-recourse borrowings of consolidated securitization entities 1,498 1,875 Total borrowings $ 93,244 $ 103,599 At September 30, 2019 , the outstanding GE Capital borrowings that had been assumed by GE as part of the GE Capital Exit Plan was $33,514 million ( $7,310 million short term and $26,204 long term), for which GE has an offsetting Receivable from GE Capital of $20,244 million . The difference of $13,269 million ( $4,320 million in short-term borrowings and $8,949 million in long-term borrowings) represents the amount of borrowings GE Capital had funded with available cash to GE via intercompany loans in lieu of GE issuing borrowings externally. In the third quarter of 2019, GE repaid $480 million of maturing intercompany loans from GE Capital. At September 30, 2019 , total GE borrowings of $33,842 million was comprised of GE-issued borrowings of $20,572 million and intercompany loans from GE Capital to GE of $13,269 million as described above. GE has 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. At September 30, 2019 , the Guarantee applies to $34,807 million of GE Capital debt. On September 30, 2019, GE completed a tender offer to purchase $4,846 million in aggregate principal amount of certain senior unsecured debt, comprised of $1,250 million of 4.500% Notes due 2044, $1,144 million of 4.125% Notes due 2042, €992 million ( $1,101 million equivalent) of 2.125% Notes due 2037, €784 million ( $870 million equivalent) of 1.500% Notes due 2029, €374 million ( $415 million equivalent) of 1.875% Notes due 2027, and €59 million ( $66 million equivalent) of 1.250% notes due 2023. The total cash consideration paid for these purchases was $5,031 million and the total carrying amount of the purchased notes was $4,787 million , resulting in a loss of $255 million (including $12 million of accrued fees and other costs associated with the tender) which was recorded in Interest and other financial charges in the GE Statement of Earnings (Loss). In addition to the purchase price, GE paid any accrued and unpaid interest on the purchased notes through the date of purchase. Non-recourse borrowings of consolidated securitization entities are primarily short term in nature. See Notes 4 and 18 for further information. See Note 17 for further information about borrowings and associated interest rate swaps.

INSURANCE LIABILITIES AND ANNUI

INSURANCE LIABILITIES AND ANNUITY BENEFITS	9 Months Ended
	Sep. 30, 2019
Insurance [Abstract]
INSURANCE LIABILITIES AND ANNUITY BENEFITS	NOTE 12. INSURANCE LIABILITIES AND ANNUITY BENEFITS Insurance liabilities and annuity benefits comprise mainly obligations to annuitants and insureds in our run-off insurance activities. September 30, 2019 (In millions) Long-term care insurance contracts Structured settlement annuities & life insurance contracts Other Other adjustments(a) Total Future policy benefit reserves $ 16,770 $ 9,578 $ 182 $ 5,903 $ 32,433 Claim reserves 4,130 236 1,154 — 5,520 Investment contracts — 1,165 1,074 — 2,239 Unearned premiums and other 28 198 132 — 358 20,928 11,177 2,542 5,903 40,550 Eliminations — — (466 ) — (466 ) Total $ 20,928 $ 11,177 $ 2,076 $ 5,903 $ 40,084 December 31, 2018 (In millions) Future policy benefit reserves $ 16,029 $ 9,495 $ 169 $ 2,247 $ 27,940 Claim reserves 3,917 230 1,178 — 5,324 Investment contracts — 1,239 1,149 — 2,388 Unearned premiums and other 34 205 103 — 342 19,980 11,169 2,599 2,247 35,994 Eliminations — — (432 ) — (432 ) Total $ 19,980 $ 11,169 $ 2,167 $ 2,247 $ 35,562 (a) To the extent that unrealized gains on specific investment securities supporting our insurance contracts would result in a premium deficiency should those gains be realized, an increase in future policy benefit reserves is recorded, with an after-tax reduction of net unrealized gains recognized through "Accumulated other comprehensive income (loss)" in our consolidated Statement of Earnings (Loss). We annually perform premium deficiency testing in the aggregate across our run-off insurance portfolio. As previously disclosed in our second quarter 2019 10-Q, we planned to perform this year’s testing in the third quarter of 2019, consistent with our historical practice prior to 2017 when we reconstructed our claim cost curves. These procedures included updating experience studies since our last test completed in the fourth quarter of 2018, independent actuarial analysis and review of industry benchmarks. As we experienced a premium deficiency in 2018, our 2019 premium deficiency testing started with a zero margin and, accordingly, any net adverse development would result in a future charge to earnings. Using our most recent future policy benefit reserve assumptions, including changes to our assumptions related to discount rate and future premium rate increases, as described below, we identified a premium deficiency resulting in a $972 million non-cash pre-tax charge to earnings in the third quarter 2019. The increase to future policy benefit reserves resulting from our 2019 testing was primarily attributable to the following key assumption changes: • We have observed a significant decline in market interest rates this year, which has resulted in a lower discount rate and adversely impacted our reserve margin by $1,344 million . As noted above, our discount rate is based upon the actual yields on our investment portfolio and our forecasted reinvestment rates, which comprise the future rates at which we expect to invest proceeds from investment maturities, net of operating cash flows, and projected future capital contributions. Market interest rates have declined by approximately 130 basis points since our 2018 premium deficiency test, with 60 basis points of this reduction occurring since the second quarter 2019. Although the movement in market rates impacts the reinvestment rate, it does not materially impact the actual yield on our existing investments. Furthermore, our assumed reinvestment rate on future fixed income investments is based both on current expected long-term average rates and market interest rates. Thus, a decline in market interest rates will not result in an equivalent decline in our discount rate assumption. Our discount rate assumption for purposes of performing the premium deficiency assessment resulted in weighted average rate of 5.74% compared to 6.04% in 2018. This decline in the discount rate from 2018 to 2019 reflected a lower reinvestment rate increasing to an expected long-term average investment yield over a longer period, lower prospective expected returns on higher yielding assets classes introduced with our 2018 strategic initiatives, and slightly lower actual yields on our investment security portfolio. • Higher levels of projected long-term care premium rate increases due to larger rate filings by some ceding companies than previously planned, which favorably impacted our reserve margin by $263 million . Since our premium deficiency testing performed in 2018, we have implemented approximately $200 million of previously approved rate increase actions. Our 2019 premium deficiency test includes approximately $2,000 million of anticipated future premium increases or benefit reductions associated with future in-force rate actions. This represents an increase of $300 million from our 2018 premium deficiency test to account for actions that are: (a) approved and not yet implemented, (b) filed but not yet approved, and (c) estimated on future filings through 2028, and includes the effect of the lower discount rate mentioned above. Certain future adverse changes in our assumptions could result in the unlocking of reserves, resetting of actuarial assumptions to current assumptions, an increase to future policy benefit reserves and a charge to earnings. Any favorable changes to these assumptions could result in additional margin in our premium deficiency test and higher income over the remaining duration of the portfolio, including higher investment income. Claim reserves included incurred claims of $1,410 million and $1,641 million of which $(16) million and $1 million related to the recognition of adjustments to prior year claim reserves arising from our periodic reserve evaluation for the nine months ended September 30, 2019 and 2018, respectively. Paid claims were $1,237 million and $1,499 million in the nine months ended September 30, 2019 and 2018, respectively. Reinsurance recoverables are recorded when we cede insurance risk to third parties but are not relieved from our primary obligation to policyholders and cedents. These amounts, net of allowances, are included in the caption "Other GE Capital receivables" in our consolidated Statement of Financial Position, and amounted to $2,365 million and $2,271 million at September 30, 2019 and December 31, 2018, respectively.

POSTRETIREMENT BENEFIT PLANS

POSTRETIREMENT BENEFIT PLANS	9 Months Ended
	Sep. 30, 2019
Retirement Benefits [Abstract]
POSTRETIREMENT BENEFIT PLANS	NOTE 13. POSTRETIREMENT BENEFIT PLANS We sponsor a number of pension and retiree health and life insurance benefit plans that we present in three categories, principal pension plans, other pension plans and principal retiree benefit plans. Principal pension plans represent the GE Pension Plan and the GE Supplementary Pension Plan. Other pension plans include U.S. and non-U.S. pension plans with pension assets or obligations greater than $50 million . 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. Smaller pension plans with pension assets or obligations less than $50 million and other retiree benefit plans are not presented as they are not material individually or in the aggregate. EFFECT ON OPERATIONS OF BENEFIT PLANS. The components of benefit plans costs other than the service cost are included in the caption "Non-operating benefit costs" in our consolidated Statement of Earnings (Loss). Principal pension plans Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Service cost for benefits earned $ 154 $ 232 $ 472 $ 667 Prior service cost amortization 34 36 101 108 Expected return on plan assets (863 ) (803 ) (2,588 ) (2,443 ) Interest cost on benefit obligations 724 666 2,173 1,999 Net actuarial loss amortization 767 947 2,300 2,841 Curtailment loss (a) — 46 51 46 Benefit plans cost $ 816 $ 1,124 $ 2,509 $ 3,218 (a) Curtailment loss in the nine months ended September 30, 2019 and September 30, 2018, results from the spin-off and subsequent merger of our Transportation segment with Wabtec and the Baker Hughes decision to no longer participate in the GE Pension Plan after December 31, 2018, respectively. These curtailment losses are included in "Earnings (loss) from discontinued operations" in our consolidated Statement of Earnings (Loss). Other pension plans Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Service cost for benefits earned $ 61 $ 85 $ 197 $ 279 Prior service cost (credit) amortization 1 (2 ) 2 (4 ) Expected return on plan assets (316 ) (342 ) (945 ) (1,059 ) Interest cost on benefit obligations 154 150 467 462 Net actuarial loss amortization 83 78 250 243 Settlement/curtailment loss (gain) — — 16 (6 ) Benefit plans cost (income) $ (17 ) $ (31 ) $ (13 ) $ (85 ) Principal retiree benefit plans income was $ 31 million and $ 17 million for the three months ended September 30, 2019 and 2018, and $ 122 million and $ 58 million for the nine months ended September 30, 2019 and 2018, respectively, which includes a curtailment gain of $ 33 million in 2019 resulting from the Transportation transaction which is included in "Earnings (loss) from discontinued operations" in our consolidated Statement of Earnings (Loss). We also have a defined contribution plan for eligible U.S. employees that provides discretionary contributions. Defined contribution plan costs were $ 83 million and $ 104 million for the three months ended September 30, 2019 and 2018, respectively, and $ 274 million and $ 320 million for the nine months ended September 30, 2019 and 2018, respectively. In October 2019, we announced changes to the GE Pension Plan whereby the benefits for approximately 20,000 salaried employees will be frozen effective January 1, 2021 and thereafter these employees will receive increased benefits in the company sponsored defined contribution plan in lieu of participation in a defined benefit plan. As a result, we will recognize a non-cash pre-tax curtailment loss of approximately $300 million in the fourth quarter of 2019 as non-operating benefit costs. In addition, we announced changes to our GE Supplementary Pension Plan whereby the benefits for approximately 700 employees that became executives before 2011 will be frozen effective January 1, 2021 and thereafter these employees will earn future benefits in an installment retirement defined benefit plan currently offered to new executives since 2011. The change in the GE Supplementary Pension Plan is expected to reduce the projected benefit obligation by approximately $300 million and will be treated as a plan amendment that will be amortized over future periods as a reduction to non-operating benefit costs. As result of these actions, we have remeasured the pension assets and obligations for the affected plans as of the beginning of the fourth quarter. This will result in an increase in our projected benefit obligation and recognition of a net actuarial loss of approximately $5,000 million that will be recorded in Accumulated Other Comprehensive Income. The increase in the projected benefit obligation is primarily driven by a reduction in the discount rate since December 31, 2018, offset by our asset performance through September 30, 2019, and the impact of the GE Pension Plan freeze. This remeasurement and the $300 million curtailment loss associated with the GE Pension Plan described above will increase our non-operating benefit costs by approximately $600 million in the fourth quarter of 2019. Finally, we have offered approximately 100,000 former U.S. employees with a vested pension benefit a limited-time option to take a lump sum distribution in lieu of future monthly payments. Those accepting the option will be paid from the assets of the GE Pension Trust in December 2019. This action will accelerate the satisfaction of future pension obligations and could result in a non-cash pre-tax settlement loss in the fourth quarter of 2019, which will be determined based on the rate of acceptance. The settlement loss, if triggered, would be recognized as an additional non-operating benefit cost. The remeasurement described above is in addition to our annual year-end measurement of the funded status of our benefit plans that we will record as of December 31, 2019. As a result, the change in our pension benefit obligation and net actuarial loss will differ from the $5,000 million discussed above primarily as a result of any changes in interest rates and actual asset performance different from our expected return on assets in the fourth quarter as well as the amount of lump-sum distributions made to former U.S. employees in connection with the limited-time offer.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 14. INCOME TAXES Our consolidated effective income tax rate was 0.2% and (2.2)% during the nine months ended September 30, 2019 and 2018, respectively. The positive rate for 2019 reflects a tax benefit on a pretax loss. The negative rate for 2018 reflects a tax expense on a pretax loss. The rate for 2019 is lower than the U.S. statutory rate primarily due to favorable audit resolutions and U.S. business credits, partially offset by the cost of global activities, including the recently enacted base erosion and global intangible low tax income provisions and from largely non-deductible goodwill impairment charges associated with our Hydro and Grid Solutions equipment and services businesses within our Renewable Energy segment. The rate for 2018 differs from the U.S. statutory rate primarily due to the non-deductible impairment of goodwill associated with the Power business and international tax expenses in excess of the benefit from other global activities. International tax expenses were impacted by the increase in valuation allowances on the deferred tax assets of our non-U.S. operations as a result of lower forecasted operating earnings in our Power business and the decision to execute an internal restructuring to separate the Healthcare business and the cost of the newly enacted base erosion and global intangible low tax income provisions. This was partially offset by U.S. business credits and an adjustment to decrease the 2018 nine-month tax rate to be in line with the lower expected full-year rate. The Internal Revenue Service (IRS) is currently auditing our consolidated U.S. income tax returns for 2014-2015. In June 2019, the IRS completed the audit of our consolidated U.S. income tax returns for 2012-2013, which resulted in a decrease in our balance of "unrecognized tax benefits" (i.e., the aggregate tax effect of differences between tax return positions and the benefits recognized in our financial statements). The Company recognized a resulting non-cash continuing operations tax benefit of $378 million plus an additional net interest benefit of $107 million . Of these amounts, GE recorded $355 million of tax benefits and $98 million of net interest benefits and GE Capital recorded $23 million of tax benefits and $9 million of net interest benefits. GE Capital recorded an additional non-cash benefit in discontinued operations of $332 million of tax benefits and $46 million of net interest benefits. See Note 2 for further information.

SHAREOWNERS_ EQUITY

SHAREOWNERS’ EQUITY	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
SHAREOWNERS’ EQUITY	NOTE 15. SHAREOWNERS’ EQUITY ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Beginning balance $ 59 $ 21 $ (39 ) $ (102 ) Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes of $15, $(22), $30 and $26(a) 30 (74 ) 151 66 Reclassifications from OCI – net of deferred taxes of $(3), $5, $(9) and $3 (12 ) 17 (35 ) 1 Other comprehensive income (loss) 18 (57 ) 116 67 Less OCI attributable to noncontrolling interests — — — 1 Investment securities ending balance $ 77 $ (36 ) $ 77 $ (36 ) Beginning balance $ (5,874 ) $ (5,446 ) $ (6,134 ) $ (4,661 ) OCI before reclassifications – net of deferred taxes of $(12), $(24), $27 and $17 (189 ) (639 ) (191 ) (1,856 ) Reclassifications from OCI – net of deferred taxes of $(5), $(1), $(9) and $(1)(b) 951 7 1,234 385 Other comprehensive income (loss) 762 (632 ) 1,043 (1,471 ) Less OCI attributable to noncontrolling interests (63 ) (38 ) (41 ) (93 ) Currency translation adjustments ending balance $ (5,050 ) $ (6,040 ) $ (5,050 ) $ (6,040 ) Beginning balance $ 26 $ 36 $ 13 $ 62 OCI before reclassifications – net of deferred taxes of $(4), $2, $(1) and $(6) (30 ) (8 ) (43 ) (35 ) Reclassifications from OCI – net of deferred taxes of $6, $2, $7 and $9 28 (1 ) 56 — Other comprehensive income (loss) (2 ) (9 ) 13 (35 ) Less OCI attributable to noncontrolling interests 1 (1 ) 2 — Cash flow hedges ending balance $ 24 $ 27 $ 24 $ 27 Beginning balance $ (7,063 ) $ (8,043 ) $ (8,254 ) $ (9,702 ) OCI before reclassifications – net of deferred taxes of $1, $16, $36 and $71 39 73 (72 ) 199 Reclassifications from OCI – net of deferred taxes of $170, $230, $517 and $666 616 789 1,910 2,322 Other comprehensive income (loss) 655 862 1,838 2,521 Less OCI attributable to noncontrolling interests 4 — (4 ) — Benefit plans ending balance $ (6,412 ) $ (7,181 ) $ (6,412 ) $ (7,181 ) Accumulated other comprehensive income (loss) at September 30 $ (11,361 ) $ (13,229 ) $ (11,361 ) $ (13,229 ) (a) Included adjustments of $(877) million and $234 million for the three months ended September 30, 2019 and 2018, respectively and $(2,888) million and $1,705 million for the nine months ended September 30, 2019 and 2018, respectively, related to insurance liabilities and annuity benefits in our run-off insurance operations to reflect the effects that would have been recognized had the related unrealized investment security gains been realized. See Note 12 for further information. (b) Currency translation gains and losses included $1,079 million for the nine months ended September 30, 2019 in earnings (loss) from discontinued operations, net of taxes. In 2016, we issued $5,694 million of GE Series D preferred stock, which are callable on January 21, 2021. In addition to Series D, $250 million of existing GE Series A, B and C preferred stock are also outstanding. The total carrying value of GE preferred stock at September 30, 2019 was $5,695 million and will increase to $5,944 million by the respective call dates through periodic accretion. Dividends on GE preferred stock are payable semi-annually, in June and December and accretion is recorded on a quarterly basis. Dividends on GE preferred stock totaled $42 million and $39 million in the three months ended September 30, 2019 and 2018, respectively, and $270 million , including cash dividends of $147 million , and $260 million , including cash dividends of $147 million , for the nine months ending September 30, 2019 and 2018, respectively. In conjunction with 2016 exchange of GE Capital preferred stock into GE preferred stock, GE Capital issued preferred stock to GE for which the amount and terms mirrored the GE external preferred stock. In 2018, GE Capital and GE exchanged the existing Series D preferred stock issued to GE for new Series D preferred stock, which is mandatorily convertible into GE Capital Common stock on January 21, 2021. After this conversion, GE Capital will no longer pay preferred dividends to GE. The exchange of GE Capital Series D preferred stock has no impact on the GE Series D preferred stock, which remains callable for $5,694 million on January 21, 2021 or thereafter on dividend payment dates. Additionally, there were no changes to the existing Series A, B or C preferred stock issued to GE. See our Annual Report on Form 10-K for the year ended December 31, 2018 for further information. Noncontrolling interests in equity of consolidated affiliates amounted to $1,219 million and $20,500 million , including zero and $19,239 million attributable to Baker Hughes Class A shareholder at September 30, 2019 and December 31, 2018, respectively. In September 2019, pursuant to our announced plan of an orderly separation of Baker Hughes over time, we sold a total of 144.1 million shares which, reduced our ownership interest in from 50.2% to 36.8% . As a result, we have deconsolidated our Baker Hughes segment and reclassified results to discontinued operations for all periods presented . See Note 2 for further information. Net earnings (loss) attributable to noncontrolling interests were $39 million and $54 million , for the three months ended September 30, 2019 and 2018, respectively and $41 million and $105 million for the nine months ended September 30, 2019 and 2018, respectively. Dividends attributable to noncontrolling interests were $(110) million and $(96) million for the three months ended September 30, 2019 and 2018, respectively and $(325) million and $(260) million for the nine months ended September 30, 2019 and 2018, respectively. Redeemable noncontrolling interests presented within "All other liabilities" in our consolidated Statement of Financial Position include common shares issued by our affiliates that are redeemable at the option of the holder of those interests and amounted to $408 million and $378 million as of September 30, 2019 and December 31, 2018, respectively. Net earnings (loss) attributable to redeemable noncontrolling interests was insignificant and $(144) million for the three months ended September 30, 2019 and 2018, respectively and $32 million and $(293) million for the nine months ended September 30, 2019 and 2018, respectively. On October 2, 2018 we settled the redeemable noncontrolling interest balance associated with three joint ventures with Alstom, for a payment amount of $3,105 million in accordance with contractual payment terms.

EARNINGS PER SHARE INFORMATION

EARNINGS PER SHARE INFORMATION	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE INFORMATION	NOTE 16. EARNINGS PER SHARE INFORMATION Three months ended September 30 2019 2018 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Earnings from continuing operations for per-share calculation $ (1,283 ) $ (1,283 ) $ (22,920 ) $ (22,920 ) Preferred stock dividends (42 ) (42 ) (39 ) (39 ) Earnings from continuing operations attributable to (1,325 ) (1,325 ) (22,959 ) (22,959 ) Earnings (loss) from discontinued operations (8,140 ) (8,140 ) 144 144 Net earnings (loss) attributable to GE common $ (9,465 ) $ (9,465 ) $ (22,812 ) $ (22,812 ) Shares of GE common stock outstanding 8,730 8,730 8,694 8,694 Employee compensation-related shares (including stock options) — — — — Total average equivalent shares 8,730 8,730 8,694 8,694 Earnings per share from continuing operations $ (0.15 ) $ (0.15 ) $ (2.64 ) $ (2.64 ) Earnings (loss) per share from discontinued operations (0.93 ) (0.93 ) 0.02 0.02 Net earnings (loss) per share (1.08 ) (1.08 ) (2.62 ) (2.62 ) Potentially dilutive securities(a) 453 424 Nine months ended September 30 2019 2018 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Earnings from continuing operations for per-share calculation $ (438 ) $ (438 ) $ (21,694 ) $ (21,694 ) Preferred stock dividends (270 ) (270 ) (260 ) (260 ) Earnings from continuing operations attributable to $ (708 ) $ (708 ) $ (21,954 ) $ (21,955 ) Earnings (loss) from discontinued operations (5,270 ) (5,270 ) (1,437 ) (1,437 ) Net earnings attributable to GE common $ (5,977 ) $ (5,977 ) $ (23,383 ) $ (23,383 ) Shares of GE common stock outstanding 8,721 8,721 8,689 8,689 Employee compensation-related shares (including stock options) — — — — Total average equivalent shares 8,721 8,721 8,689 8,689 Earnings from continuing operations $ (0.08 ) $ (0.08 ) $ (2.53 ) $ (2.53 ) Loss from discontinued operations (0.60 ) (0.60 ) (0.17 ) (0.17 ) Net earnings (0.69 ) (0.69 ) (2.69 ) (2.69 ) Potentially dilutive securities(a) 462 410 (a) Outstanding stock awards not included in the computation of diluted earnings per share because their effect was antidilutive. Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities, and, therefore, are included in the computation of earnings per share pursuant to the two-class method. For the three and nine months ended September 30, 2019 and 2018, as a result of excess dividends in respect to the current period earnings, losses were not allocated to the participating securities.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS	NOTE 17. FINANCIAL INSTRUMENTS The following table provides information about assets and liabilities not carried at fair value and excludes finance leases, equity securities without readily determinable fair value and non-financial assets and liabilities. Substantially all of these assets are considered to be Level 3 and the vast majority of our liabilities’ fair value are considered Level 2. September 30, 2019 December 31, 2018 (In millions) Carrying Estimated Carrying Estimated Assets Loans and other receivables $ 4,540 $ 4,638 $ 8,811 $ 8,829 Liabilities Borrowings (Note 11) 93,244 98,246 103,599 100,492 Investment contracts (Note 12) 2,239 2,653 2,388 2,630 Unlike the carrying amount, estimated fair value of borrowings included $ 1,017 million and $ 1,324 million of accrued interest at September 30, 2019 and December 31, 2018 , respectively, and excluded the impact of derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at September 30, 2019 and December 31, 2018 would be reduced by $ 1,710 million and $ 1,300 million, respectively. DERIVATIVES AND HEDGING. Our policy requires that derivatives are used solely for managing risks and not for speculative purposes. Total gross notional was $96,690 million ( $58,671 million in GE Capital and $38,019 million in GE) and $117,104 million ( $79,082 million in GE Capital and $38,022 million in GE) at September 30, 2019 and December 31, 2018, respectively. GE Capital notional relates primarily to managing interest rate and currency risk between financial assets and liabilities, and GE notional relates primarily to managing currency risk. FAIR VALUE OF DERIVATIVES September 30, 2019 December 31, 2018 (In millions) Gross Notional All other assets All other liabilities Gross Notional All other assets All other liabilities Interest rate contracts $ 23,819 $ 1,904 $ 11 $ 22,904 $ 1,335 $ 23 Currency exchange contracts 6,661 89 98 7,854 175 114 Derivatives accounted for as hedges $ 30,480 $ 1,993 $ 109 $ 30,758 $ 1,511 $ 138 Interest rate contracts $ 3,413 $ 28 $ 3 $ 6,198 $ 28 $ 2 Currency exchange contracts 61,050 543 953 77,544 653 1,472 Other contracts 1,746 67 82 2,604 13 209 Derivatives not accounted for as hedges $ 66,210 $ 639 $ 1,037 $ 86,346 $ 695 $ 1,682 Gross derivatives $ 96,690 $ 2,632 $ 1,146 $ 117,104 $ 2,205 $ 1,820 Netting and credit adjustments $ (674 ) $ (678 ) $ (959 ) $ (967 ) Cash collateral adjustments (1,226 ) (202 ) (1,042 ) (267 ) Net derivatives recognized in statement of financial position $ 732 $ 266 $ 205 $ 586 Net accrued interest $ 152 $ 4 $ 205 $ 1 Securities held as collateral (567 ) — (235 ) — Net amount $ 317 $ 270 $ 174 $ 587 Fair value of derivatives in our consolidated Statement of Financial Position excluded accrued interest. Cash collateral adjustments excluded excess collateral received and posted of $51 million and $786 million at September 30, 2019, respectively, and $3 million and $439 million at December 31, 2018, respectively. Securities held as collateral excluded excess collateral received of $18 million and zero at September 30, 2019 and December 31, 2018, respectively. FAIR VALUE HEDGES. We use derivatives to hedge the effects of interest rate and currency exchange rate changes on our borrowings. At September 30, 2019, the cumulative amount of hedging adjustments of $5,118 million (including $2,484 million on discontinued hedging relationships) was included in the carrying amount of the hedged liability of $57,017 million . At September 30, 2018 , the cumulative amount of hedging adjustments of $2,847 million (including $2,844 million on discontinued hedging relationships) was included in the carrying amount of the hedged liability of $61,292 million . The cumulative amount of hedging adjustments was primarily recorded in long-term borrowings. CASH FLOW HEDGES. Changes in the fair value of cash flow hedges are recorded in Accumulated Other Comprehensive Income (AOCI) and recorded in earnings in the period in which the hedged transaction occurs. The gain (loss) recognized in AOCI was $(21) million and $(5) million for the three months ended September 30, 2019 and 2018, respectively, and $(24) million and $(25) million for the nine months ended September 30, 2019 and 2018, respectively. The gain (loss) reclassified from AOCI to earnings was $(34) million and $(1) million for the three months ended September 30, 2019 and 2018, respectively, and $(63) million and $(9) million for the nine months ended September 30, 2019 and 2018, respectively. These amounts were primarily related to currency exchange and interest rate contracts. The total amount in AOCI related to cash flow hedges of forecasted transactions was a $64 million gain at September 30, 2019 . We expect to reclassify $58 million of loss to earnings in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. For the three months and nine months ended September 30, 2019 and 2018, 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, 2019 and 2018, the maximum term of derivative instruments that hedge forecasted transactions was 13 years and 14 years , respectively. NET INVESTMENT HEDGES. For these hedges, the portion of the fair value changes of the derivatives or debt instruments that relates to changes in spot currency exchange rates is recorded in a separate component of AOCI. The portion of the fair value changes of the derivatives related to differences between spot and forward rates is recorded in earnings each period. The amounts recorded in AOCI affect earnings if the hedged investment is sold, substantially liquidated, or control is lost. The total gain (loss) recognized in AOCI on hedging instruments for the three months ended September 30, 2019 and 2018 was $213 million and $(62) million , respectively, comprising $32 million and $18 million on currency exchange contracts and $181 million and $(79) million on foreign currency debt, respectively. The total gain (loss) recognized in AOCI on hedging instruments for the nine months ended September 30, 2019 and 2018 was $231 million and $144 million , respectively, comprising $7 million and $100 million on currency exchange contracts and $225 million and $43 million on foreign currency debt, respectively. The total gain (loss) excluded from assessment and recognized in earnings was $6 million and $6 million for the three months ended September 30, 2019 and 2018, respectively. The total gain (loss) excluded from assessment and recognized in earnings was $22 million and $14 million for the nine months ended September 30, 2019 and 2018. The carrying value of foreign currency debt designated as net investment hedges was $9,119 million and $12,894 million at September 30, 2019 and 2018, respectively. The total reclassified from AOCI into earnings was $338 million and $(7) million for the three months ended September 30, 2019 and 2018, respectively. The total reclassified from AOCI into earnings was $344 million and $(7) million for the nine months ended September 30, 2019 and 2018, respectively. 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. For derivatives not designated as hedging instruments, substantially all of the gain or loss recognized in earnings is offset by either the current period change in value of underlying exposures which is recorded in earnings in the current period or a future period when the recording of the exposures occur . The table below presents the effect of our derivative financial instruments in the consolidated Statement of Earnings: Three months ended September 30, 2019 Three months ended September 30, 2018 (In millions) Revenues Cost of sales Interest Expense SG&A Other Income Revenues Cost of sales Interest Expense SG&A Other Income Total amounts presented in the consolidated Statement of Earnings $ 23,360 $ 17,328 $ 1,279 $ 3,293 $ 158 $ 23,392 $ 17,847 $ 1,155 $ 4,100 $ 279 Total effect of cash flow hedges $ (24 ) $ (1 ) $ (8 ) $ (2 ) $ — $ 8 $ 1 $ (10 ) $ — $ — Hedged items $ (1,000 ) $ 333 Derivatives designated as hedging instruments 1,011 (362 ) Total effect of fair value hedges $ 10 $ (29 ) Interest rate contracts $ — $ — $ — $ — $ — $ (11 ) $ — $ — $ — $ — Currency exchange contracts (108 ) (8 ) (73 ) 60 (28 ) (415 ) (240 ) — — (10 ) Other (1 ) — — — 9 — — 38 — (22 ) Total effect of derivatives not designated as hedges $ (109 ) $ (8 ) $ (74 ) $ 60 $ (18 ) $ (426 ) $ (240 ) $ 38 $ — $ (32 ) Nine months ended September 30, 2019 Nine months ended September 30, 2018 (In millions) Revenues Cost of sales Interest Expense SG&A Other Income Revenues Cost of sales Interest Expense SG&A Other Income Total amounts presented in the consolidated Statement of Earnings $ 68,976 $ 50,949 $ 3,272 $ 10,120 $ 1,170 $ 70,513 $ 52,244 $ 3,585 $ 11,013 $ 1,388 Total effect of cash flow hedges $ (18 ) $ (14 ) $ (27 ) $ (3 ) $ — $ 4 $ 17 $ (30 ) $ — $ — Hedged items $ (2,186 ) $ 1,200 Derivatives designated as hedging instruments 2,172 (1,285 ) Total effect of fair value hedges $ (14 ) $ (85 ) Interest rate contracts $ (36 ) $ — $ — $ — $ — $ (46 ) $ — $ — $ — $ — Currency exchange contracts (25 ) (29 ) (212 ) (2 ) (52 ) (921 ) (484 ) — — (6 ) Other (1 ) — 123 — 10 (1 ) — 27 — (2 ) Total effect of derivatives not designated as hedges $ (62 ) $ (29 ) $ (89 ) $ (2 ) $ (42 ) $ (967 ) $ (484 ) $ 27 $ — $ (8 ) 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. Our exposures to counterparties (including accrued interest), net of collateral we held, was $227 million and $95 million at September 30, 2019 and December 31, 2018, respectively. Counterparties' exposures to our derivative liability (including accrued interest), net of collateral posted by us, was $250 million and $571 million at September 30, 2019 and December 31, 2018, respectively.

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	9 Months Ended
	Sep. 30, 2019
Variable Interest Entities [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 18. VARIABLE INTEREST ENTITIES In addition to the three VIEs detailed in Note 4, we have other consolidated VIEs with assets of $1,539 million and $2,321 million , and liabilities of $1,007 million and $1,611 million at September 30 2019 and December 31, 2018, respectively. These entities were created to help our customers facilitate or finance the purchase of GE goods and services. These entities have no features that could expose us to losses that would significantly exceed the difference between the consolidated assets and liabilities. Substantially all the assets of our consolidated VIEs at September 30, 2019 can only be used to settle the liabilities of those VIEs. Our investments in unconsolidated VIEs were $1,859 million and $2,346 million at September 30, 2019 and December 31, 2018, respectively. These investments are primarily owned by GE Capital businesses, $837 million and $1,670 million of which were owned by EFS and $525 million and zero of which were owned by our run-off insurance operations at September 30, 2019 and December 31, 2018, respectively. The increase in investments in unconsolidated VIEs in our run-off insurance operations reflects implementation of our revised reinvestment plan which incorporates the introduction of strategic initiatives to invest in higher-yielding asset classes. Obligations to make additional investments in these entities total $579 million , of which $483 million

COMMITMENTS, GUARANTEES, PRODUC

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES	NOTE 19. COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES COMMITMENTS . The GECAS business within the Capital segment has placed multiple-year orders for various Boeing, Airbus and other aircraft manufacturers with list prices approximating $ 33,153 million (including 369 new aircraft with estimated delivery dates of 6% in 2019, 18% in 2020 and 76% in 2021 through 2025) and secondary orders with airlines for used aircraft approximating $ 2,317 million (including 57 used aircraft with estimated delivery dates of 28% in 2019, 47% in 2020 and 25% in 2021 through 2022) at September 30, 2019 . When we purchase aircraft, it is at a contractual price, which is usually less than the aircraft manufacturer’s list price and excludes any pre-delivery payments made in advance. As of September 30, 2019 , we have made $3,064 million of pre-delivery payments to aircraft manufacturers. In addition to our obligation to make investments in unconsolidated VIEs described in Note 18, GE Capital had total investment commitments of $2,614 million at September 30, 2019, that primarily comprise project financing investments in thermal and wind energy projects of $1,395 million and investment commitments related to our run-off insurance operations of $1,189 million . As of September 30, 2019 , in our Aviation segment, we have committed to provide financing assistance of $ 2,318 million for future customer acquisitions of aircraft equipped with our engines. GUARANTEES. At September 30, 2019 , we were committed under the following guarantee arrangements beyond those provided on behalf of VIEs. See Note 18 for further information. Credit Support. At September 30, 2019 , we have provided $ 1,637 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. The liability for such credit support was $ 40 million at September 30, 2019 . Indemnification Agreements – Continuing Operations. At September 30, 2019 , we have $ 1,654 million of other indemnification commitments, including representations and warranties in sales of businesses or assets, for which we recorded a liability of $ 139 million. Indemnification Agreements – Discontinued Operations. At September 30, 2019 , we provided specific indemnities to buyers of GE Capital’s businesses and assets that, in the aggregate, represent a maximum potential claim of $1,136 million with related reserves of $148 million . In addition, in connection with the 2015 public offering and sale of 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. 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 . (In millions) 2019 2018 Balance at January 1 $ 2,193 $ 2,103 Current-year provisions 527 722 Expenditures (525 ) (597 ) Other changes 34 7 Balance as of September 30 $ 2,229 $ 2,236 LEGAL MATTERS. In the normal course of our business, we are involved from time to time in various arbitrations, class actions, commercial litigation, investigations and other legal, regulatory or governmental actions, including the significant matters described below. In many proceedings, it is inherently difficult to determine whether any loss is probable or even reasonably possible or to estimate the size or range of the possible loss, and accruals for legal matters are not recorded until a loss for a particular matter is considered probable and reasonably estimable. Given the nature of legal matters and the complexities involved, it is often difficult to predict and determine a meaningful estimate of loss or range of loss until we know, among other factors, the particular claims involved, the likelihood of success of our defenses to those claims, the damages or other relief sought, how discovery or other procedural considerations will affect the outcome, the settlement posture of other parties and other factors that may have a material effect on the outcome. Moreover, it is not uncommon for legal matters to be resolved over many years, during which time relevant developments and new information must be continuously evaluated. 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 was never 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). These claims will be resolved as part of the Chapter 11 bankruptcy case described below. In January 2019, we announced an agreement in principle with the United States to settle the investigation by the U.S. Department of Justice (DOJ) regarding potential violations of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) by WMC and GE Capital, and in April 2019, the parties entered into a definitive settlement agreement. Under the agreement, which concludes this investigation, GE, without admitting liability or wrongdoing, paid the United States a civil penalty of $1,500 million . In April 2019, WMC commenced a case under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. WMC has filed a Chapter 11 Plan seeking an efficient and orderly resolution of all claims, demands, rights, and/or liabilities to be asserted by or against WMC as the debtor. GE Capital is providing up to $25 million of debtor-in-possession financing to fund administrative expenses associated with the Chapter 11 proceeding. In August 2019, we reached a settlement with WMC to resolve potential claims that WMC may have against certain GE entities. This settlement is incorporated into, and will be approved as part of, the Chapter 11 plan. Beginning in the second quarter of 2019, as a result of WMC commencing the Chapter 11 case, we no longer consolidate WMC’s financial results or position on the books and records of GE Capital. We recognized $67 million of pre-tax charges during the second quarter of 2019, reflecting an updated settlement estimate in the context of bankruptcy for litigation that was pending when the Chapter 11 case commenced, as well as additional claims that have been brought in bankruptcy. In total, we have recognized $211 million of liabilities as of September 30, 2019, associated with amounts we anticipate paying to WMC in connection with the settlement of potential claims that WMC may have against us, as discussed above. 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. At September 30, 2019 , this reserve balance was $859 million . The increase is primarily driven by foreign currency movements. 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, and at this time we are unable to develop a meaningful estimate of the range of reasonably possible additional losses beyond the amount of this reserve. 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 and related 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, political and social influences within each jurisdiction, and tax consequences of any settlements or previous deductions, among other considerations. Actual losses arising from claims in these and related matters could exceed the amount provided. ENVIRONMENTAL, HEALTH AND SAFETY 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, as well as litigation involving asbestos and other environmental, health and safety-related claims. 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 exposure will exceed amounts accrued. However, due to uncertainties about the status of laws, regulations, technology and information related to individual matters, such amounts are not reasonably estimable. For further information, see our Annual Report on Form 10-K for the fiscal year ended December 31, 2018 .

CASH FLOWS INFORMATION

CASH FLOWS INFORMATION	9 Months Ended
	Sep. 30, 2019
Supplemental Cash Flow Information [Abstract]
CASH FLOWS INFORMATION	NOTE 20. CASH FLOWS INFORMATION Changes in operating assets and liabilities are net of acquisitions and dispositions of principal businesses. Amounts reported in the “Proceeds from sales of discontinued operations” and “Proceeds from principal business dispositions” lines in our consolidated Statement of Cash Flows are net of cash transferred and included certain deal-related costs. Amounts reported in the “Net cash from (payments for) principal businesses purchased” line are net of cash acquired and included certain deal-related costs and debt assumed and immediately repaid in acquisitions. GE Nine months ended September 30 (In millions) 2019 2018 Increase (decrease) in employee benefit liabilities $ (373 ) $ 41 Other gains on investing activities 232 (434 ) Restructuring and other charges(a) 763 1,651 Restructuring and other cash expenditures (854 ) (975 ) Increase (decrease) in equipment project accruals (76 ) (785 ) Baker Hughes Class B dividends received 282 399 Other(b) 580 (434 ) All other operating activities $ 554 $ (537 ) Derivative settlements, net $ 9 $ (490 ) Investments in intangible assets, net (17 ) (472 ) Sales of retained ownership interests in Wabtec 3,383 — Other(c) 29 138 All other investing activities $ 3,404 $ (824 ) Disposition of Baker Hughes noncontrolling interests $ — $ 638 Acquisition of noncontrolling interests (28 ) (240 ) Other(d) (320 ) 34 All other financing activities $ (348 ) $ 432 (a) Excludes non-cash adjustments reflected as "Depreciation and amortization of property, plant and equipment" or "Amortization of intangible assets" in our consolidated Statement of Cash Flows. (b) Included other adjustments to net income, such as write-downs of assets and the impacts of acquisition accounting and changes in other assets and other liabilities classified as operating activities, such as the timing of payments of customer allowances. (c) Other included net activity related to settlements between our continuing operations and discontinued operations. (d) Other included debt tender expenditures of $(244) million

INTERCOMPANY TRANSACTIONS

INTERCOMPANY TRANSACTIONS	9 Months Ended
	Sep. 30, 2019
Related Party Transactions [Abstract]
INTERCOMPANY TRANSACTIONS	NOTE 21. INTERCOMPANY TRANSACTIONS Transactions between related companies are made on arm's length terms and are reported in the GE and GE Capital columns of our financial statements, which we believe provide useful supplemental information to our consolidated financial statements. These transactions are eliminated in consolidation and may include, but are not limited to, the following: GE Capital working capital services to GE, including current receivables and supply chain finance programs; GE Capital finance transactions, including related GE guarantees to GE Capital; GE Capital financing of GE long-term receivables; and aircraft engines, power equipment and renewable energy 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: e xpenses 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; s ettlements of tax liabilities; and v arious 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. Nine months ended September 30 (In millions) 2019 2018 Combined GE and GE Capital cash from (used for) operating activities - continuing operations $ 1,311 $ (3,962 ) GE current receivables sold to GE Capital 508 (161 ) GE long-term receivables sold to GE Capital 340 851 Supply chain finance programs 1,062 152 Other reclassifications and eliminations 201 (1,214 ) Total cash from (used for) operating activities - continuing operations $ 3,423 $ (4,334 ) Combined GE and GE Capital cash from (used for) investing activities - continuing operations $ 9,680 $ 7,209 GE current receivables sold to GE Capital (1,167 ) (1,016 ) GE long-term receivables sold to GE Capital (340 ) (851 ) GE Capital long-term loans to GE (480 ) 6,479 Supply chain finance programs (1,062 ) (152 ) Capital contribution from GE to GE Capital 1,500 — Other reclassifications and eliminations (1,043 ) 460 Total cash from (used for) investing activities - continuing operations $ 7,087 $ 12,129 Combined GE and GE Capital cash from (used for) financing activities - continuing operations $ (14,201 ) $ (17,677 ) GE current receivables sold to GE Capital 659 1,177 GE Capital long-term loans to GE 480 (6,479 ) Capital contribution from GE to GE Capital (1,500 ) — Other reclassifications and eliminations 842 755 Total cash from (used for) financing activities - continuing operations $ (13,721 ) $ (22,224 ) GE current receivables sold to GE Capital excludes $268 million and $3,905 million related to cash payments received on the Receivable facility deferred purchase price in the nine months ended September 30, 2019 and 2018 respectively, which are reflected as "Cash from investing activities" in the GE Capital and the GE columns of our consolidated Statement of Cash Flows. Sales of current and long-term receivables from GE to GE Capital are classified as "Cash from operating activities" in the GE column of our Statement of Cash Flows. See Note 4 for further information.

GUARANTOR FINANCIAL INFORMATION

GUARANTOR FINANCIAL INFORMATION	9 Months Ended
	Sep. 30, 2019
Condensed Financial Information Disclosure [Abstract]
GUARANTOR FINANCIAL INFORMATION	NOTE 22. GUARANTOR FINANCIAL INFORMATION GE Capital International Funding Company Unlimited Company (the Issuer) previously issued senior unsecured registered notes that are fully and unconditionally, jointly and severally guaranteed by both the Company and GE Capital International Holdings Limited (each a Guarantor, and together, the Guarantors). The Company is required to provide certain financial information regarding the Issuer and the Guarantors of the registered securities, specifically Condensed Consolidating Statements of Earnings and Comprehensive Income, Condensed Consolidating Statements of Financial Position and Condensed Consolidating Statements of Cash Flows 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 that issued the guaranteed notes 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 in the comparative periods, this category includes the impact of new accounting policies adopted as described in Note 1; and • Consolidated – prepared on a consolidated basis. CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2019 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 7,169 $ — $ — $ 31,413 $ (17,077 ) $ 21,504 GE Capital revenues from services — 245 (18 ) 2,107 (477 ) 1,856 Total revenues 7,169 245 (18 ) 33,519 (17,554 ) 23,360 Interest and other financial charges 634 272 356 148 (132 ) 1,279 Other costs and expenses 4,945 — (38 ) 40,629 (22,048 ) 23,488 Total costs and expenses 5,580 272 318 40,777 (22,180 ) 24,767 Other income (loss) 1,320 — — 4,458 (5,619 ) 158 Equity in earnings (loss) of affiliates (4,476 ) — (37 ) 31,207 (26,695 ) — Earnings (loss) from continuing operations before income taxes (1,567 ) (27 ) (373 ) 28,406 (27,688 ) (1,249 ) Benefit (provision) for income taxes (386 ) 3 — 339 3 (41 ) Earnings (loss) from continuing operations (1,953 ) (24 ) (373 ) 28,745 (27,685 ) (1,290 ) Earnings (loss) from discontinued operations, net of taxes 683 — 40 — (8,817 ) (8,093 ) Net earnings (loss) (1,270 ) (24 ) (333 ) 28,745 (36,502 ) (9,383 ) Less net earnings (loss) attributable to noncontrolling interests — — — (7 ) 46 40 Net earnings (loss) attributable to the Company (1,270 ) (24 ) (333 ) 28,752 (36,548 ) (9,423 ) Other comprehensive income (loss) 1,491 — (1 ) 1,313 (1,312 ) 1,491 Comprehensive income (loss) attributable to the Company $ 221 $ (24 ) $ (334 ) $ 30,064 $ (37,860 ) $ (7,931 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2018 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 7,301 $ — $ — $ 30,387 $ (16,407 ) $ 21,282 GE Capital revenues from services — 237 300 2,508 (936 ) 2,110 Total revenues 7,301 237 300 32,895 (17,342 ) 23,392 Interest and other financial charges 451 236 725 553 (810 ) 1,155 Other costs and expenses 11,780 — — 25,345 8,352 45,478 Total costs and expenses 12,231 236 725 25,898 7,542 46,633 Other income (loss) 1,193 — — 1,217 (2,132 ) 279 Equity in earnings (loss) of affiliates (11,235 ) — 705 28,378 (17,849 ) — Earnings (loss) from continuing operations before income taxes (14,971 ) 2 281 36,593 (44,866 ) (22,962 ) Benefit (provision) for income taxes 224 — — (536 ) 260 (52 ) Earnings (loss) from continuing operations (14,748 ) 1 281 36,057 (44,606 ) (23,014 ) Earnings (loss) from discontinued operations, net of taxes 39 — 18 — 98 155 Net earnings (loss) (14,708 ) 1 298 36,057 (44,508 ) (22,859 ) Less net earnings (loss) attributable to noncontrolling interests — — — (81 ) (9 ) (90 ) Net earnings (loss) attributable to the Company (14,708 ) 1 298 36,138 (44,498 ) (22,769 ) Other comprehensive income (loss) 203 — 12 (751 ) 739 203 Comprehensive income (loss) attributable to the Company $ (14,505 ) $ 1 $ 310 $ 35,387 $ (43,759 ) $ (22,566 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 19,993 $ — $ — $ 95,009 $ (51,871 ) $ 63,132 GE Capital revenues from services — 724 68 6,738 (1,685 ) 5,845 Total revenues 19,993 724 68 101,747 (53,556 ) 68,976 Interest and other financial charges 1,278 744 1,068 899 (716 ) 3,272 Other costs and expenses 18,377 — — 85,378 (36,458 ) 67,296 Total costs and expenses 19,654 744 1,068 86,276 (37,174 ) 70,568 Other income (loss) (1,894 ) — — 12,588 (9,524 ) 1,170 Equity in earnings (loss) of affiliates (4,430 ) — 808 58,383 (54,761 ) — Earnings (loss) from continuing operations before income taxes (5,985 ) (20 ) (192 ) 86,442 (80,667 ) (422 ) Benefit (provision) for income taxes (673 ) 3 — 46 624 1 Earnings (loss) from continuing operations (6,658 ) (18 ) (192 ) 86,489 (80,043 ) (421 ) Earnings (loss) from discontinued operations, net of taxes 951 — 42 — (6,205 ) (5,212 ) Net earnings (loss) (5,707 ) (18 ) (150 ) 86,489 (86,248 ) (5,634 ) Less net earnings (loss) attributable to noncontrolling interests — — — (3 ) 76 73 Net earnings (loss) attributable to the Company (5,707 ) (18 ) (150 ) 86,492 (86,324 ) (5,707 ) Other comprehensive income (loss) 3,053 — (1,105 ) 870 235 3,053 Comprehensive income (loss) attributable to the Company $ (2,654 ) $ (18 ) $ (1,255 ) $ 87,362 $ (86,089 ) $ (2,654 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 21,127 $ — $ — $ 94,872 $ (51,395 ) $ 64,604 GE Capital revenues from services — 678 852 5,390 (1,011 ) 5,909 Total revenues 21,127 678 852 100,263 (52,406 ) 70,513 Interest and other financial charges 1,281 671 1,889 2,041 (2,296 ) 3,585 Other costs and expenses 32,198 — — 89,228 (31,793 ) 89,634 Total costs and expenses 33,479 672 1,889 91,269 (34,090 ) 93,219 Other income (loss) 2,450 — — 3,883 (4,945 ) 1,388 Equity in earnings (loss) of affiliates (11,761 ) — 1,199 28,378 (17,816 ) — Earnings (loss) from continuing operations before income taxes (21,663 ) 7 161 41,255 (41,078 ) (21,318 ) Benefit (provision) for income taxes 47 (1 ) — (1,098 ) 592 (460 ) Earnings (loss) from continuing operations (21,616 ) 6 161 40,157 (40,486 ) (21,777 ) Earnings (loss) from discontinued operations, net of taxes (1,634 ) — (63 ) 1 170 (1,526 ) Net earnings (loss) (23,250 ) 6 98 40,158 (40,316 ) (23,304 ) Less net earnings (loss) attributable to noncontrolling interests (134 ) — — (202 ) 148 (188 ) Net earnings (loss) attributable to the Company (23,116 ) 6 98 40,360 (40,464 ) (23,116 ) Other comprehensive income (loss) 1,174 — (42 ) (2,381 ) 2,424 1,174 Comprehensive income (loss) attributable to the Company $ (21,941 ) $ 6 $ 56 $ 37,978 $ (38,040 ) $ (21,941 ) CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION SEPTEMBER 30, 2019 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash, cash equivalents and restricted cash $ 10,001 $ — $ — $ 21,215 $ (3,406 ) $ 27,810 Receivables - net 41,269 17,841 34 61,998 (94,416 ) 26,726 Investment in subsidiaries 143,127 — 40,179 699,149 (882,455 ) — All other assets 31,724 480 — 316,579 (140,309 ) 208,474 Total assets $ 226,120 $ 18,322 $ 40,212 $ 1,098,942 $ (1,120,586 ) $ 263,009 Short-term borrowings $ 130,045 $ — $ 1,552 $ 7,303 $ (121,854 ) $ 17,046 Long-term and non-recourse borrowings 40,901 17,019 25,511 24,676 (31,909 ) 76,199 All other liabilities 65,166 275 219 136,051 (61,100 ) 140,612 Total liabilities 236,112 17,294 27,282 168,031 (214,863 ) 233,856 Total liabilities and equity $ 226,120 $ 18,322 $ 40,212 $ 1,098,942 $ (1,120,586 ) $ 263,009 CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2018 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash, cash equivalents and restricted cash $ 9,561 $ — $ — $ 25,975 $ (4,412 ) $ 31,124 Receivables - net 27,868 17,467 2,792 56,256 (74,895 ) 29,488 Investment in subsidiaries 175,071 — 45,832 733,535 (954,437 ) — All other assets 19,165 12 — 298,493 (67,210 ) 250,460 Total assets $ 231,665 $ 17,479 $ 48,623 $ 1,114,260 $ (1,100,954 ) $ 311,072 Short-term borrowings $ 143,481 $ — $ 9,854 $ 9,653 $ (150,212 ) $ 12,776 Long-term and non-recourse borrowings 50,705 16,115 24,341 47,014 (47,352 ) 90,824 All other liabilities 45,722 336 245 133,203 (23,514 ) 155,992 Total liabilities 239,908 16,452 34,439 189,870 (221,078 ) 259,591 Total liabilities and equity $ 231,665 $ 17,479 $ 48,623 $ 1,114,260 $ (1,100,954 ) $ 311,072 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 30, 2019 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ 9,148 $ 400 $ (1,539 ) $ 6,556 $ (12,531 ) $ 2,033 Cash from (used for) investing activities $ 34,181 $ (400 ) $ 6,072 $ 108,843 $ (143,646 ) $ 5,050 Cash from (used for) financing activities $ (42,889 ) $ — $ (4,532 ) $ (120,127 ) $ 153,460 $ (14,089 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — (131 ) — (131 ) Increase (decrease) in cash, cash equivalents and restricted cash 440 — — (4,859 ) (2,717 ) (7,136 ) Cash, cash equivalents and restricted cash at beginning of year 9,561 — — 26,676 (689 ) 35,548 Cash, cash equivalents and restricted cash 10,001 — — 21,817 (3,406 ) 28,412 Less cash, cash equivalents and restricted cash of discontinued operations at September 30 — — — 602 — 602 Cash, cash equivalents and restricted cash of continuing operations at September 30 $ 10,001 $ — $ — $ 21,215 $ (3,406 ) $ 27,810 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $(2,382) million . CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 30, 2018 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ 11,267 $ (118 ) $ (381 ) $ 24,135 $ (38,492 ) $ (3,589 ) Cash from (used for) investing activities $ (625 ) $ 189 $ (1,052 ) $ (18,293 ) $ 31,417 $ 11,636 Cash from (used for) financing activities $ (11,824 ) $ (70 ) $ 1,445 $ (16,845 ) $ 2,328 $ (24,967 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — (440 ) — (440 ) Increase (decrease) in cash, cash equivalents and restricted cash (1,183 ) — 12 (11,443 ) (4,747 ) (17,361 ) Cash, cash equivalents and restricted cash at beginning of year 3,472 — 3 41,993 (743 ) 44,724 Cash, cash equivalents and restricted cash 2,289 — 15 30,550 (5,490 ) 27,364 Less cash, cash equivalents and restricted cash of discontinued operations at September 30 — — — 5,310 — 5,310 Cash, cash equivalents and restricted cash of continuing operations at September 30 $ 2,289 $ — $ 15 $ 25,240 $ (5,490 ) $ 22,054 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $185 million .

SEGMENT OPERATIONS

SEGMENT OPERATIONS	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
SEGMENT OPERATIONS	SEGMENT OPERATIONS. Segment revenues include sales of products and services by the segment. Industrial segment profit is determined based on performance measures used by our Chief Operating Decision Maker (CODM), who is our Chief Executive Officer (CEO), to assess the performance of each business in a given period. In connection with that assessment, the CEO may exclude matters, such as charges for restructuring, rationalization and other similar expenses, acquisition costs and other related charges, certain gains and losses from acquisitions or dispositions, and certain litigation settlements. See the Corporate Items and Eliminations section for additional information about costs excluded from segment profit. Segment profit excludes results reported as discontinued operations and the portion of earnings or loss attributable to noncontrolling interests of consolidated subsidiaries, and as such only includes the portion of earnings or loss attributable to our share of the consolidated earnings or loss of consolidated subsidiaries. Interest and other financial charges, income taxes and non-operating benefit costs are excluded in determining segment profit for the industrial segments. Interest and other financial charges, income taxes, non-operating benefit costs and GE Capital preferred stock dividends are included in determining segment profit (which we sometimes refer to as “net earnings”) for the Capital segment. Other income is included in segment profit for the industrial segments. Certain corporate costs, such as those related to shared services, employee benefits, and information technology, are allocated to our segments based on usage. A portion of the remaining corporate costs is allocated based on each segment’s relative net cost of operations. SUMMARY OF REPORTABLE SEGMENTS Three months ended September 30 Nine months ended September 30 (Dollars in millions) 2019 2018 V% 2019 2018 V% Power $ 3,926 $ 4,559 (14) % $ 13,224 $ 16,768 (21) % Renewable Energy 4,425 3,920 13 % 10,590 9,642 10 % Aviation 8,109 7,480 8 % 23,940 22,111 8 % Healthcare 4,923 4,707 5 % 14,540 14,387 1 % Total industrial segment revenues 21,383 20,665 3 % 62,293 62,908 (1) % Capital 2,097 2,473 (15) % 6,645 7,075 (6) % Total segment revenues 23,480 23,138 1 % 68,938 69,982 (1) % Corporate items and eliminations (120 ) 254 U 39 531 (93) % Consolidated revenues $ 23,360 $ 23,392 — % $ 68,976 $ 70,513 (2) % Power $ (144 ) $ (676 ) 79 % $ 84 $ (22 ) F Renewable Energy (98 ) 116 U (469 ) 312 U Aviation 1,718 1,665 3 % 4,764 4,743 — % Healthcare 974 861 13 % 2,714 2,522 8 % Total industrial segment profit (loss) 2,450 1,967 25 % 7,092 7,555 (6) % Capital (645 ) 19 U (599 ) (403 ) (49 )% Total segment profit (loss) 1,806 1,986 (9) % 6,493 7,151 (9) % Corporate items and eliminations (808 ) (1,523 ) 47 % (2,013 ) (2,596 ) 22 % GE goodwill impairments (740 ) (21,973 ) 97 % (1,484 ) (21,973 ) 93 % GE interest and other financial charges (791 ) (590 ) (34) % (1,693 ) (1,773 ) 5 % GE non-operating benefit costs (562 ) (760 ) 26 % (1,684 ) (2,132 ) 21 % GE benefit (provision) for income taxes (229 ) (95 ) U (327 ) (624 ) 48 % Earnings (loss) from continuing operations attributable to GE common shareowners (1,325 ) (22,956 ) 94 % (707 ) (21,947 ) 97 % Earnings (loss) from discontinued operations, net of taxes (8,093 ) 155 U (5,212 ) (1,526 ) U Less net earnings attributable to noncontrolling interests, discontinued operations 46 7 F 58 (97 ) F Earnings (loss) from discontinued operations, net of tax and noncontrolling interest (8,140 ) 148 U (5,270 ) (1,429 ) U Consolidated net earnings (loss) attributable to the GE common shareowners $ (9,465 ) $ (22,808 ) 59 % $ (5,977 ) $ (23,376 ) 74 %

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
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. As used in these financial statements, “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 represents the adding together of all affiliates of GE Capital with the effects of transactions among such affiliates eliminated; and “Consolidated” represents the adding together of GE and GE Capital with the effects of transactions between the two eliminated.
RECLASSIFICATION	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.
CASH, CASH EQUIVALENTS AND RESTRICTED CASH	Debt securities and money market instruments with original maturities of three months or less are included in cash, cash equivalents and restricted cash unless designated as available-for-sale and classified as investment securities.
LEASE ACCOUNTING, LESSEE	At lease commencement, we record a lease liability and corresponding right-of-use (ROU) asset. Lease liabilities represent the present value of our future lease payments over the expected lease term which includes options to extend or terminate the lease when it is reasonably certain those options will be exercised. We have elected to include lease and non-lease components in determining our lease liability for all leased assets except our vehicle leases. Non-lease components are generally services that the lessor performs for the Company associated with the leased asset. For those leases with payments based on an index, the lease liability is determined using the index at lease commencement. Lease payments based on increases in the index subsequent to lease commencement are recognized as variable lease expense as they occur. The present value of our lease liability is determined using our incremental collateralized borrowing rate at lease inception. ROU assets represent our right to control the use of the leased asset during the lease and are recognized in an amount equal to the lease liability for leases with an initial term greater than 12 months. Over the lease term we use the effective interest rate method to account for the lease liability as lease payments are made and the ROU asset is amortized to earnings in a manner that results in straight-line expense recognition.
LEASE ACCOUNTING, LESSOR	Equipment leased to others under operating leases are included in "Property, plant and equipment" and leases classified as finance leases are included in "Financing receivables" on our consolidated Statement of Financial Position.
ACCOUNTING CHANGES	On January 1, 2019, we adopted ASU No. 2016-02, Leases . Upon adoption, we recorded a $315 million increase to retained earnings, primarily attributable to the release of deferred gains on sale-lease back transactions. Our ROU assets and lease liabilities for operating leases excluding discontinued operations at adoption were $ 3,272 million and $ 3,459 million, respectively. After the adoption date, cash collections of principal on financing leases, are classified as Cash from operating activities in our consolidated Statement of Cash Flows. Previously, such flows were classified as Cash from investing activities. On January 1, 2019, we adopted ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities . The ASU requires certain changes to the presentation of hedge accounting in the financial statements and some new or modified disclosures. The ASU also simplifies the application of hedge accounting and expands the strategies that qualify for hedge accounting. Upon adoption, we recorded an increase to retained earnings and a decrease to borrowings of $52 million

BUSINESSES HELD FOR SALE AND _2

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Sep. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]
Financial Information for Assets and Liabilities of Businesses Held for Sale	As of September 30, 2019, we have closed the sale of substantially all of these assets in accordance with the plan. ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE (In millions) September 30, 2019 December 31, 2018 Current receivables $ 400 $ 184 Inventories 707 529 Financing receivables held for sale 3,849 — Property, plant, and equipment – net and Operating leases 906 423 Goodwill and Other intangible assets - net 6,285 884 Valuation allowance (508 ) (1,013 ) Deferred tax asset 819 — Other assets 376 622 Assets of businesses held for sale $ 12,832 $ 1,629 Accounts payable & Progress collections and deferred income $ 798 $ 428 Non-current compensation and benefits 360 152 Other liabilities 384 128 Liabilities of businesses held for sale $ 1,543 $ 708
Financial Information for Discontinued Operations	RESULTS OF DISCONTINUED OPERATIONS (In millions) Baker Hughes Transportation and Other GE Capital Total Three months ended September 30 2019 2018 2019 2018 2019 2018 2019 2018 Operations Sales of goods and services $ 4,478 $ 5,670 $ — $ 932 $ — $ — $ 4,478 $ 6,602 GE Capital revenues and other income (loss) — — — — 16 152 16 152 Cost of goods and services sold (3,686 ) (4,767 ) — (652 ) — — (3,686 ) (5,419 ) Other costs and expenses (618 ) (830 ) (16 ) (127 ) (53 ) (90 ) (686 ) (1,048 ) Earnings (loss) of discontinued operations before income taxes 175 73 (16 ) 152 (37 ) 61 121 287 Benefit (provision) for income taxes (50 ) (78 ) 6 (32 ) 29 (22 ) (14 ) (132 ) Earnings (loss) of discontinued operations, net of taxes(a) $ 125 $ (5 ) $ (9 ) $ 120 $ (8 ) $ 40 $ 107 $ 155 Disposal Gain (loss) on disposal before income taxes (8,667 ) — — — (10 ) — (8,677 ) — Benefit (provision) for income taxes 477 — — — — — 477 — Gain (loss) on disposal, net of taxes $ (8,190 ) $ — $ — $ — $ (10 ) $ — $ (8,201 ) $ — Earnings (loss) from discontinued operations, net of taxes $ (8,066 ) $ (5 ) $ (9 ) $ 120 $ (18 ) $ 40 $ (8,093 ) $ 155 (a) Earnings (loss) of discontinued operations attributable to the Company after income taxes was $61 million and $148 million for the three months ended September 30, 2019 and 2018 respectively. RESULTS OF DISCONTINUED OPERATIONS (In millions) Baker Hughes Transportation and Other GE Capital Total Nine months ended September 30 2019 2018 2019 2018 2019 2018 2019 2018 Operations Sales of goods and services $ 16,047 $ 16,609 $ 549 $ 2,746 $ — $ — $ 16,596 $ 19,355 GE Capital revenues and other income (loss) — — — — 7 (1,316 ) 7 (1,316 ) Cost of goods and services sold (13,317 ) (14,140 ) (478 ) (1,942 ) — — (13,795 ) (16,082 ) Other costs and expenses (2,386 ) (2,530 ) (22 ) (473 ) (142 ) (298 ) (2,550 ) (3,301 ) Earnings (loss) of discontinued operations before income taxes 345 (61 ) 49 331 (136 ) (1,614 ) $ 258 $ (1,343 ) Benefit (provision) for income taxes (165 ) (124 ) (13 ) (93 ) 356 32 178 (186 ) Earnings (loss) of discontinued operations, net of taxes(a) $ 179 $ (185 ) $ 36 $ 237 $ 220 $ (1,582 ) $ 436 $ (1,529 ) Disposal Gain (loss) on disposal before income taxes (8,667 ) — 3,471 — 36 4 $ (5,160 ) $ 4 Benefit (provision) for income taxes 477 — (963 ) — (2 ) (1 ) (488 ) (1 ) Gain (loss) on disposal, net of taxes $ (8,190 ) $ — $ 2,508 $ — $ 35 $ 3 $ (5,648 ) $ 3 Earnings (loss) from discontinued operations, net of taxes $ (8,011 ) $ (185 ) $ 2,544 $ 237 $ 255 $ (1,579 ) $ (5,212 ) $ (1,526 ) (a) Earnings (loss) of discontinued operations attributable to the Company after income taxes was $378 million and $(1,432) million for the nine months ended September 30, 2019 and 2018 respectively. ASSETS AND LIABILITIES OF DISCONTINUED OPERATIONS (In millions) September 30, 2019 December 31, 2018 Cash, cash equivalents and restricted cash $ 602 $ 4,424 Investment securities 207 522 Current receivables 81 6,258 Inventories — 5,419 Financing receivables held for sale (Polish mortgage portfolio) 2,542 2,745 Property, plant and equipment - net and Operating leases 139 7,139 Goodwill and intangible assets - net — 31,622 Deferred income taxes 312 1,174 All other assets 296 4,550 Assets of discontinued operations(a) $ 4,178 $ 63,853 Accounts payable and Progress collections and deferred income $ 32 $ 6,806 Operating lease liabilities 217 — Other GE current liabilities 51 2,002 All other liabilities 88 10,473 Liabilities of discontinued operations(b) $ 387 $ 19,281 (a) Assets of discontinued operations included $54,596 million and $4,573 million related to our Baker Hughes and Transportation businesses, respectively as of December 31, 2018. (b) Liabilities of discontinued operations included $15,535 million and $1,871 million related to our Baker Hughes and Transportation businesses, respectively as of December 31, 2018.

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Securities	September 30, 2019 December 31, 2018 (In millions) Amortized Gross Gross Estimated Amortized Gross Gross Estimated Debt U.S. corporate $ 22,945 $ 4,728 $ (20 ) $ 27,653 $ 21,306 $ 2,257 $ (357 ) $ 23,206 Non-U.S. corporate 2,212 262 (1 ) 2,473 1,906 53 (76 ) 1,883 State and municipal 3,207 705 (19 ) 3,893 3,320 367 (54 ) 3,633 Mortgage and asset-backed 3,000 158 (3 ) 3,155 3,325 51 (54 ) 3,322 Government and agencies 1,420 155 — 1,575 1,314 62 (20 ) 1,357 Equity 9,476 — — 9,476 107 — — 107 Total $ 42,259 $ 6,008 $ (42 ) $ 48,225 $ 31,277 $ 2,792 $ (561 ) $ 33,508
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 $ 390 $ 396 After one year through five years 2,808 2,964 After five years through ten years 6,636 7,628 After ten years 19,950 24,606

CURRENT AND LONG-TERM RECEIVA_2

CURRENT AND LONG-TERM RECEIVABLES (Tables)	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
Schedule of Receivables	CURRENT RECEIVABLES Consolidated GE (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Customer receivables $ 12,225 $ 10,742 $ 8,444 $ 6,355 Sundry receivables 4,638 4,573 5,059 4,569 Allowance for losses (845 ) (670 ) (845 ) (662 ) Total current receivables $ 16,018 $ 14,645 $ 12,657 $ 10,262 Activity related to customer receivables sold by GE is as follows: Nine months ended September 30 (In millions) 2019 2018 GE Capital (a) Third Parties GE Capital (a) Third Parties Balance at January 1 $ 4,386 $ 7,880 $ 9,656 $ 5,710 GE sales to GE Capital 30,383 — 37,349 — GE sales to third parties — 3,002 — 3,417 GE Capital sales to third parties (20,505 ) 20,505 (22,212 ) 22,212 Collections and other (10,746 ) (25,004 ) (19,395 ) (24,431 ) Reclassification from long-term customer receivables 265 — 492 — Balance at September 30 $ 3,782 $ 6,382 $ 5,889 $ 6,907 (a) At September 30, 2019 and 2018, $ 866 million and $ 1,675 million , respectively, of the current receivables purchased and retained by GE Capital, had been sold by GE to GE Capital with recourse (i.e., GE retains all or some risk of default). The effect on GE CFOA of claims by GE Capital on receivables sold with recourse has been insignificant for the nine months ended September 30, 2019 and 2018. Consolidated GE (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Long-term customer receivables $ 1,181 $ 1,442 $ 653 $ 559 Long-term sundry receivables 1,545 1,180 1,743 1,519 Allowance for losses (110 ) (145 ) (110 ) (145 ) Total long-term receivables $ 2,616 $ 2,477 $ 2,285 $ 1,933 Nine months ended September 30 (In millions) 2019 2018 Customer receivables sold to receivables facilities $ 16,062 $ 17,115 Total cash purchase price for customer receivables 15,824 13,096 Cash collections re-invested to purchase customer receivables 13,286 11,518 Non-cash increases to deferred purchase price $ 168 $ 3,935 Cash payments received on deferred purchase price 268 3,905 Activity related to long-term customer receivables purchased by GE Capital is as follows: Nine months ended September 30 (In millions) 2019 2018 GE Capital(a) GE Capital(a) Balance at January 1 $ 883 $ 1,947 GE sales to GE Capital — 123 Sales, collections, accretion and other (90 ) (272 ) Reclassification to current customer receivables (265 ) (492 ) Balance at September 30 $ 528 $ 1,307 (a) At September 30, 2019 and 2018, $402 million and $797 million, respectively, of long-term customer receivables purchased and retained by GE Capital, had been sold by GE to GE Capital with recourse (i.e., GE retains all or some risk of default). The effect on GE CFOA of claims by GE Capital on receivables sold with recourse have been insignificant for the nine months ended September 30, 2019 and 2018. Consolidated GE Capital (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Loans, net of deferred income $ 1,251 $ 5,118 $ 5,639 $ 10,834 Investment in financing leases, net of deferred income 2,120 2,639 2,120 2,822 3,371 7,757 7,759 13,656 Allowance for losses (50 ) (58 ) (12 ) (28 ) Financing receivables – net $ 3,321 $ 7,699 $ 7,748 $ 13,628

FINANCING RECEIVABLES AND ALL_2

FINANCING RECEIVABLES AND ALLOWANCES (Tables)	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
Schedule of Financing Receivables, Net	CURRENT RECEIVABLES Consolidated GE (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Customer receivables $ 12,225 $ 10,742 $ 8,444 $ 6,355 Sundry receivables 4,638 4,573 5,059 4,569 Allowance for losses (845 ) (670 ) (845 ) (662 ) Total current receivables $ 16,018 $ 14,645 $ 12,657 $ 10,262 Activity related to customer receivables sold by GE is as follows: Nine months ended September 30 (In millions) 2019 2018 GE Capital (a) Third Parties GE Capital (a) Third Parties Balance at January 1 $ 4,386 $ 7,880 $ 9,656 $ 5,710 GE sales to GE Capital 30,383 — 37,349 — GE sales to third parties — 3,002 — 3,417 GE Capital sales to third parties (20,505 ) 20,505 (22,212 ) 22,212 Collections and other (10,746 ) (25,004 ) (19,395 ) (24,431 ) Reclassification from long-term customer receivables 265 — 492 — Balance at September 30 $ 3,782 $ 6,382 $ 5,889 $ 6,907 (a) At September 30, 2019 and 2018, $ 866 million and $ 1,675 million , respectively, of the current receivables purchased and retained by GE Capital, had been sold by GE to GE Capital with recourse (i.e., GE retains all or some risk of default). The effect on GE CFOA of claims by GE Capital on receivables sold with recourse has been insignificant for the nine months ended September 30, 2019 and 2018. Consolidated GE (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Long-term customer receivables $ 1,181 $ 1,442 $ 653 $ 559 Long-term sundry receivables 1,545 1,180 1,743 1,519 Allowance for losses (110 ) (145 ) (110 ) (145 ) Total long-term receivables $ 2,616 $ 2,477 $ 2,285 $ 1,933 Nine months ended September 30 (In millions) 2019 2018 Customer receivables sold to receivables facilities $ 16,062 $ 17,115 Total cash purchase price for customer receivables 15,824 13,096 Cash collections re-invested to purchase customer receivables 13,286 11,518 Non-cash increases to deferred purchase price $ 168 $ 3,935 Cash payments received on deferred purchase price 268 3,905 Activity related to long-term customer receivables purchased by GE Capital is as follows: Nine months ended September 30 (In millions) 2019 2018 GE Capital(a) GE Capital(a) Balance at January 1 $ 883 $ 1,947 GE sales to GE Capital — 123 Sales, collections, accretion and other (90 ) (272 ) Reclassification to current customer receivables (265 ) (492 ) Balance at September 30 $ 528 $ 1,307 (a) At September 30, 2019 and 2018, $402 million and $797 million, respectively, of long-term customer receivables purchased and retained by GE Capital, had been sold by GE to GE Capital with recourse (i.e., GE retains all or some risk of default). The effect on GE CFOA of claims by GE Capital on receivables sold with recourse have been insignificant for the nine months ended September 30, 2019 and 2018. Consolidated GE Capital (In millions) September 30, 2019 December 31, 2018 September 30, 2019 December 31, 2018 Loans, net of deferred income $ 1,251 $ 5,118 $ 5,639 $ 10,834 Investment in financing leases, net of deferred income 2,120 2,639 2,120 2,822 3,371 7,757 7,759 13,656 Allowance for losses (50 ) (58 ) (12 ) (28 ) Financing receivables – net $ 3,321 $ 7,699 $ 7,748 $ 13,628

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Schedule of Inventories	(In millions) September 30, 2019 December 31, 2018 Raw materials and work in process $ 8,983 $ 8,057 Finished goods 6,025 5,548 Unbilled shipments 195 197 Total inventories $ 15,203 $ 13,803

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES (Tables)	9 Months Ended
	Sep. 30, 2019
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	PROPERTY, PLANT AND EQUIPMENT (In millions) September 30, 2019 December 31, 2018 Original cost $ 75,196 $ 75,618 Less accumulated depreciation and amortization (32,310 ) (32,007 ) Property, plant and equipment – net $ 42,886 $ 43,611
Schedule of Operating Lease Expense and Supplemental Information	OPERATING LEASE EXPENSE Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Long-term (fixed) $ 180 $ 232 $ 625 $ 733 Long-term (variable) 41 26 111 135 Short-term 60 34 150 100 Total operating lease expense $ 281 $ 292 $ 887 $ 968 MATURITY OF LEASE LIABILITIES (In millions) Total 2019 (excluding nine months ended September 30, 2019) $ 212 2020 769 2021 636 2022 530 2023 429 Thereafter 1,195 Total undiscounted lease payments 3,771 Less: imputed interest (602 ) Total lease liability as of September 30, 2019 $ 3,169 SUPPLEMENTAL INFORMATION RELATED TO OPERATING LEASES (In millions) Operating cash flows used for operating leases for the nine months ended September 30, 2019 $ 683 Right-of-use assets obtained in exchange for new lease liabilities for the nine months ended September 30, 2019 $ 459 Weighted-average remaining lease term at September 30, 2019 6.8 years Weighted-average discount rate at September 30, 2019 5.1 %
Schedule of Maturity of Lease Liabilities	MATURITY OF LEASE LIABILITIES (In millions) Total 2019 (excluding nine months ended September 30, 2019) $ 212 2020 769 2021 636 2022 530 2023 429 Thereafter 1,195 Total undiscounted lease payments 3,771 Less: imputed interest (602 ) Total lease liability as of September 30, 2019 $ 3,169

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Goodwill Balances	GOODWILL (In millions) January 1, 2019 Dispositions and classification to held for sale Impairments Currency exchange Balance at Power $ 139 $ — $ — $ 6 $ 145 Renewable Energy 4,730 — (1,484 ) 33 3,279 Aviation 9,839 — — (31 ) 9,808 Healthcare 17,226 (5,532 ) — 28 11,722 Capital 904 (39 ) — (25 ) 839 Corporate 1,136 — — (263 ) 873 Total $ 33,974 $ (5,571 ) $ (1,484 ) $ (253 ) $ 26,666
Indefinite-lived Intangible Assets	OTHER INTANGIBLE ASSETS - NET (In millions) September 30, 2019 December 31, 2018 Intangible assets subject to amortization $ 10,766 $ 12,178
Intangible Assets Subject to Amortization	OTHER INTANGIBLE ASSETS - NET (In millions) September 30, 2019 December 31, 2018 Intangible assets subject to amortization $ 10,766 $ 12,178

REVENUES (Tables)

REVENUES (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregated Revenues	EQUIPMENT & SERVICES REVENUES Three months ended September 30 (In millions) 2019 2018 Equipment Services Total Equipment Services Total Power $ 1,434 $ 2,492 $ 3,926 $ 1,334 $ 3,225 $ 4,559 Renewable Energy 3,609 816 4,425 3,414 505 3,920 Aviation 3,149 4,960 8,109 2,833 4,646 7,480 Healthcare 2,828 2,095 4,923 2,700 2,006 4,707 Total Industrial segment revenues $ 11,020 $ 10,363 $ 21,383 $ 10,283 $ 10,383 $ 20,665 EQUIPMENT & SERVICES REVENUES Nine months ended September 30 (In millions) 2019 2018 Equipment Services Total Equipment Services Total Power $ 4,473 $ 8,751 $ 13,224 $ 6,224 $ 10,545 $ 16,768 Renewable Energy 8,457 2,133 10,590 7,979 1,663 9,642 Aviation 9,295 14,645 23,940 8,281 13,830 22,111 Healthcare 8,320 6,220 14,540 8,119 6,268 14,387 Total Industrial segment revenues $ 30,545 $ 31,748 $ 62,293 $ 30,602 $ 32,305 $ 62,908 SUB-SEGMENT REVENUES Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Gas Power $ 2,732 $ 2,678 $ 9,242 $ 9,719 Power Portfolio 1,194 1,882 3,982 7,050 Power $ 3,926 $ 4,559 $ 13,224 $ 16,768 Onshore Wind $ 3,193 $ 2,523 $ 7,084 $ 5,119 Grid Solutions equipment and services 1,004 1,059 2,876 3,483 Hydro and Offshore Wind 228 337 630 1,041 Renewable Energy $ 4,425 $ 3,920 $ 10,590 $ 9,642 Commercial Engines & Services $ 5,997 $ 5,636 $ 17,796 $ 16,443 Military 1,061 898 3,073 2,942 Systems & Other 1,050 946 3,071 2,726 Aviation $ 8,109 $ 7,480 $ 23,940 $ 22,111 Healthcare Systems $ 3,642 $ 3,566 $ 10,664 $ 10,877 Life Sciences 1,280 1,140 3,875 3,509 Healthcare $ 4,923 $ 4,707 $ 14,540 $ 14,387 Total Industrial Segment Revenues $ 21,383 $ 20,665 $ 62,293 $ 62,908 Capital(a) 2,097 2,473 6,645 7,075 Corporate items and eliminations (120 ) 254 39 531 Consolidated Revenues $ 23,360 $ 23,392 $ 68,976 $ 70,513 (a)

CONTRACT AND OTHER DEFERRED A_2

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME (Tables)	9 Months Ended
	Sep. 30, 2019
Contractors [Abstract]
Contract with Customer, Asset and Liability	September 30, 2019 (In millions) Power Aviation Renewable Energy Healthcare and Other Total Progress collections on equipment contracts $ 5,568 $ 95 $ 1,105 $ — $ 6,768 Other progress collections 566 4,700 3,297 464 9,026 Total progress collections 6,133 4,795 4,402 464 15,794 Deferred income 40 1,447 290 1,673 3,450 GE Progress collections and deferred income $ 6,174 $ 6,241 $ 4,692 $ 2,137 $ 19,245 December 31, 2018 (In millions) Progress collections on equipment contracts $ 5,536 $ 114 $ 1,325 $ — $ 6,975 Other progress collections 691 4,034 3,557 500 8,783 Total progress collections 6,227 4,148 4,883 500 15,758 Deferred income 112 1,338 260 1,770 3,480 GE Progress collections and deferred income $ 6,339 $ 5,486 $ 5,143 $ 2,271 $ 19,239 September 30, 2019 (In millions) Power Aviation Renewable Energy Healthcare and Other Total Revenues in excess of billings $ 5,346 $ 4,901 $ — $ — $ 10,247 Billings in excess of revenues (1,560 ) (3,293 ) — — (4,853 ) Long-term service agreements 3,787 1,607 — — 5,394 Short-term and other service agreements 172 343 — 290 804 Equipment contract revenues 2,670 93 1,288 324 4,374 Total contract assets 6,628 2,042 1,288 614 10,573 Deferred inventory costs 904 357 1,574 351 3,186 Nonrecurring engineering costs 42 2,107 62 45 2,257 Customer advances and other 1 1,149 — (32 ) 1,118 Contract and other deferred assets $ 7,576 $ 5,655 $ 2,924 $ 978 $ 17,133 December 31, 2018 (In millions) Power Aviation Renewable Energy Healthcare and Other Total Revenues in excess of billings $ 5,368 $ 5,412 $ — $ — $ 10,780 Billings in excess of revenues (1,693 ) (3,297 ) — — (4,989 ) Long-term service agreements 3,675 2,115 — — 5,790 Short-term and other service agreements 167 272 — 251 690 Equipment contract revenues 2,761 80 1,174 384 4,400 Total contract assets 6,603 2,468 1,174 635 10,880 Deferred inventory costs 1,003 673 1,267 365 3,309 Nonrecurring engineering costs 43 1,916 85 51 2,095 Customer advances and other — 1,146 — — 1,146 Contract and other deferred assets $ 7,650 $ 6,204 $ 2,525 $ 1,052 $ 17,431

BORROWINGS (Tables)

BORROWINGS (Tables)	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Schedule of Borrowings	(In millions) September 30, 2019 December 31, 2018 Short-term borrowings Commercial paper $ 2,997 $ 3,005 Current portion of long-term borrowings 764 60 Current portion of long-term borrowings assumed by GE 7,310 4,207 Other 1,703 2,081 Total GE short-term borrowings $ 12,775 $ 9,354 Current portion of long-term borrowings $ 4,601 $ 3,984 Intercompany payable to GE 2,990 2,684 Other 522 1,015 Total GE Capital short-term borrowings $ 8,113 $ 7,684 Eliminations (3,842 ) (4,262 ) Total short-term borrowings $ 17,046 $ 12,776 Long-term borrowings Senior notes $ 14,690 $ 20,387 Senior notes assumed by GE 23,384 29,218 Subordinated notes assumed by GE 2,820 2,836 Other 418 417 Total GE long-term borrowings $ 41,311 $ 52,858 Senior notes $ 32,537 $ 35,105 Subordinated notes 199 165 Intercompany payable to GE 17,255 19,828 Other 654 885 Total GE Capital long-term borrowings $ 50,645 $ 55,982 Eliminations (17,255 ) (19,892 ) Total long-term borrowings $ 74,701 $ 88,949 Non-recourse borrowings of consolidated securitization entities 1,498 1,875 Total borrowings $ 93,244 $ 103,599

INSURANCE LIABILITIES AND ANN_2

INSURANCE LIABILITIES AND ANNUITY BENEFITS (Tables)	9 Months Ended
	Sep. 30, 2019
Insurance [Abstract]
Schedule of Insurance and Investment Contract Liabilities	September 30, 2019 (In millions) Long-term care insurance contracts Structured settlement annuities & life insurance contracts Other Other adjustments(a) Total Future policy benefit reserves $ 16,770 $ 9,578 $ 182 $ 5,903 $ 32,433 Claim reserves 4,130 236 1,154 — 5,520 Investment contracts — 1,165 1,074 — 2,239 Unearned premiums and other 28 198 132 — 358 20,928 11,177 2,542 5,903 40,550 Eliminations — — (466 ) — (466 ) Total $ 20,928 $ 11,177 $ 2,076 $ 5,903 $ 40,084 December 31, 2018 (In millions) Future policy benefit reserves $ 16,029 $ 9,495 $ 169 $ 2,247 $ 27,940 Claim reserves 3,917 230 1,178 — 5,324 Investment contracts — 1,239 1,149 — 2,388 Unearned premiums and other 34 205 103 — 342 19,980 11,169 2,599 2,247 35,994 Eliminations — — (432 ) — (432 ) Total $ 19,980 $ 11,169 $ 2,167 $ 2,247 $ 35,562 (a) To the extent that unrealized gains on specific investment securities supporting our insurance contracts would result in a premium deficiency should those gains be realized, an increase in future policy benefit reserves is recorded, with an after-tax reduction of net unrealized gains recognized through "Accumulated other comprehensive income (loss)" in our consolidated Statement of Earnings (Loss).

POSTRETIREMENT BENEFIT PLANS (T

POSTRETIREMENT BENEFIT PLANS (Tables)	9 Months Ended
	Sep. 30, 2019
Retirement Benefits [Abstract]
Schedule of Effect on Operations of Pension Plans	Principal pension plans Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Service cost for benefits earned $ 154 $ 232 $ 472 $ 667 Prior service cost amortization 34 36 101 108 Expected return on plan assets (863 ) (803 ) (2,588 ) (2,443 ) Interest cost on benefit obligations 724 666 2,173 1,999 Net actuarial loss amortization 767 947 2,300 2,841 Curtailment loss (a) — 46 51 46 Benefit plans cost $ 816 $ 1,124 $ 2,509 $ 3,218 (a) Curtailment loss in the nine months ended September 30, 2019 and September 30, 2018, results from the spin-off and subsequent merger of our Transportation segment with Wabtec and the Baker Hughes decision to no longer participate in the GE Pension Plan after December 31, 2018, respectively. These curtailment losses are included in "Earnings (loss) from discontinued operations" in our consolidated Statement of Earnings (Loss). Other pension plans Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Service cost for benefits earned $ 61 $ 85 $ 197 $ 279 Prior service cost (credit) amortization 1 (2 ) 2 (4 ) Expected return on plan assets (316 ) (342 ) (945 ) (1,059 ) Interest cost on benefit obligations 154 150 467 462 Net actuarial loss amortization 83 78 250 243 Settlement/curtailment loss (gain) — — 16 (6 ) Benefit plans cost (income) $ (17 ) $ (31 ) $ (13 ) $ (85 )

SHAREOWNERS' EQUITY (Tables)

SHAREOWNERS' EQUITY (Tables)	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Schedule of Shareowners' Equity	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Three months ended September 30 Nine months ended September 30 (In millions) 2019 2018 2019 2018 Beginning balance $ 59 $ 21 $ (39 ) $ (102 ) Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes of $15, $(22), $30 and $26(a) 30 (74 ) 151 66 Reclassifications from OCI – net of deferred taxes of $(3), $5, $(9) and $3 (12 ) 17 (35 ) 1 Other comprehensive income (loss) 18 (57 ) 116 67 Less OCI attributable to noncontrolling interests — — — 1 Investment securities ending balance $ 77 $ (36 ) $ 77 $ (36 ) Beginning balance $ (5,874 ) $ (5,446 ) $ (6,134 ) $ (4,661 ) OCI before reclassifications – net of deferred taxes of $(12), $(24), $27 and $17 (189 ) (639 ) (191 ) (1,856 ) Reclassifications from OCI – net of deferred taxes of $(5), $(1), $(9) and $(1)(b) 951 7 1,234 385 Other comprehensive income (loss) 762 (632 ) 1,043 (1,471 ) Less OCI attributable to noncontrolling interests (63 ) (38 ) (41 ) (93 ) Currency translation adjustments ending balance $ (5,050 ) $ (6,040 ) $ (5,050 ) $ (6,040 ) Beginning balance $ 26 $ 36 $ 13 $ 62 OCI before reclassifications – net of deferred taxes of $(4), $2, $(1) and $(6) (30 ) (8 ) (43 ) (35 ) Reclassifications from OCI – net of deferred taxes of $6, $2, $7 and $9 28 (1 ) 56 — Other comprehensive income (loss) (2 ) (9 ) 13 (35 ) Less OCI attributable to noncontrolling interests 1 (1 ) 2 — Cash flow hedges ending balance $ 24 $ 27 $ 24 $ 27 Beginning balance $ (7,063 ) $ (8,043 ) $ (8,254 ) $ (9,702 ) OCI before reclassifications – net of deferred taxes of $1, $16, $36 and $71 39 73 (72 ) 199 Reclassifications from OCI – net of deferred taxes of $170, $230, $517 and $666 616 789 1,910 2,322 Other comprehensive income (loss) 655 862 1,838 2,521 Less OCI attributable to noncontrolling interests 4 — (4 ) — Benefit plans ending balance $ (6,412 ) $ (7,181 ) $ (6,412 ) $ (7,181 ) Accumulated other comprehensive income (loss) at September 30 $ (11,361 ) $ (13,229 ) $ (11,361 ) $ (13,229 ) (a) Included adjustments of $(877) million and $234 million for the three months ended September 30, 2019 and 2018, respectively and $(2,888) million and $1,705 million for the nine months ended September 30, 2019 and 2018, respectively, related to insurance liabilities and annuity benefits in our run-off insurance operations to reflect the effects that would have been recognized had the related unrealized investment security gains been realized. See Note 12 for further information. (b) Currency translation gains and losses included $1,079 million for the nine months ended September 30, 2019 in earnings (loss) from discontinued operations, net of taxes.

EARNINGS PER SHARE INFORMATION

EARNINGS PER SHARE INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Three months ended September 30 2019 2018 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Earnings from continuing operations for per-share calculation $ (1,283 ) $ (1,283 ) $ (22,920 ) $ (22,920 ) Preferred stock dividends (42 ) (42 ) (39 ) (39 ) Earnings from continuing operations attributable to (1,325 ) (1,325 ) (22,959 ) (22,959 ) Earnings (loss) from discontinued operations (8,140 ) (8,140 ) 144 144 Net earnings (loss) attributable to GE common $ (9,465 ) $ (9,465 ) $ (22,812 ) $ (22,812 ) Shares of GE common stock outstanding 8,730 8,730 8,694 8,694 Employee compensation-related shares (including stock options) — — — — Total average equivalent shares 8,730 8,730 8,694 8,694 Earnings per share from continuing operations $ (0.15 ) $ (0.15 ) $ (2.64 ) $ (2.64 ) Earnings (loss) per share from discontinued operations (0.93 ) (0.93 ) 0.02 0.02 Net earnings (loss) per share (1.08 ) (1.08 ) (2.62 ) (2.62 ) Potentially dilutive securities(a) 453 424 Nine months ended September 30 2019 2018 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Earnings from continuing operations for per-share calculation $ (438 ) $ (438 ) $ (21,694 ) $ (21,694 ) Preferred stock dividends (270 ) (270 ) (260 ) (260 ) Earnings from continuing operations attributable to $ (708 ) $ (708 ) $ (21,954 ) $ (21,955 ) Earnings (loss) from discontinued operations (5,270 ) (5,270 ) (1,437 ) (1,437 ) Net earnings attributable to GE common $ (5,977 ) $ (5,977 ) $ (23,383 ) $ (23,383 ) Shares of GE common stock outstanding 8,721 8,721 8,689 8,689 Employee compensation-related shares (including stock options) — — — — Total average equivalent shares 8,721 8,721 8,689 8,689 Earnings from continuing operations $ (0.08 ) $ (0.08 ) $ (2.53 ) $ (2.53 ) Loss from discontinued operations (0.60 ) (0.60 ) (0.17 ) (0.17 ) Net earnings (0.69 ) (0.69 ) (2.69 ) (2.69 ) Potentially dilutive securities(a) 462 410 (a) Outstanding stock awards not included in the computation of diluted earnings per share because their effect was antidilutive.

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Estimated Fair Value of Assets and Liabilities	The following table provides information about assets and liabilities not carried at fair value and excludes finance leases, equity securities without readily determinable fair value and non-financial assets and liabilities. Substantially all of these assets are considered to be Level 3 and the vast majority of our liabilities’ fair value are considered Level 2. September 30, 2019 December 31, 2018 (In millions) Carrying Estimated Carrying Estimated Assets Loans and other receivables $ 4,540 $ 4,638 $ 8,811 $ 8,829 Liabilities Borrowings (Note 11) 93,244 98,246 103,599 100,492 Investment contracts (Note 12) 2,239 2,653 2,388 2,630
Fair Value of Derivative Assets	FAIR VALUE OF DERIVATIVES September 30, 2019 December 31, 2018 (In millions) Gross Notional All other assets All other liabilities Gross Notional All other assets All other liabilities Interest rate contracts $ 23,819 $ 1,904 $ 11 $ 22,904 $ 1,335 $ 23 Currency exchange contracts 6,661 89 98 7,854 175 114 Derivatives accounted for as hedges $ 30,480 $ 1,993 $ 109 $ 30,758 $ 1,511 $ 138 Interest rate contracts $ 3,413 $ 28 $ 3 $ 6,198 $ 28 $ 2 Currency exchange contracts 61,050 543 953 77,544 653 1,472 Other contracts 1,746 67 82 2,604 13 209 Derivatives not accounted for as hedges $ 66,210 $ 639 $ 1,037 $ 86,346 $ 695 $ 1,682 Gross derivatives $ 96,690 $ 2,632 $ 1,146 $ 117,104 $ 2,205 $ 1,820 Netting and credit adjustments $ (674 ) $ (678 ) $ (959 ) $ (967 ) Cash collateral adjustments (1,226 ) (202 ) (1,042 ) (267 ) Net derivatives recognized in statement of financial position $ 732 $ 266 $ 205 $ 586 Net accrued interest $ 152 $ 4 $ 205 $ 1 Securities held as collateral (567 ) — (235 ) — Net amount $ 317 $ 270 $ 174 $ 587
Fair Value of Derivative Liabilities	FAIR VALUE OF DERIVATIVES September 30, 2019 December 31, 2018 (In millions) Gross Notional All other assets All other liabilities Gross Notional All other assets All other liabilities Interest rate contracts $ 23,819 $ 1,904 $ 11 $ 22,904 $ 1,335 $ 23 Currency exchange contracts 6,661 89 98 7,854 175 114 Derivatives accounted for as hedges $ 30,480 $ 1,993 $ 109 $ 30,758 $ 1,511 $ 138 Interest rate contracts $ 3,413 $ 28 $ 3 $ 6,198 $ 28 $ 2 Currency exchange contracts 61,050 543 953 77,544 653 1,472 Other contracts 1,746 67 82 2,604 13 209 Derivatives not accounted for as hedges $ 66,210 $ 639 $ 1,037 $ 86,346 $ 695 $ 1,682 Gross derivatives $ 96,690 $ 2,632 $ 1,146 $ 117,104 $ 2,205 $ 1,820 Netting and credit adjustments $ (674 ) $ (678 ) $ (959 ) $ (967 ) Cash collateral adjustments (1,226 ) (202 ) (1,042 ) (267 ) Net derivatives recognized in statement of financial position $ 732 $ 266 $ 205 $ 586 Net accrued interest $ 152 $ 4 $ 205 $ 1 Securities held as collateral (567 ) — (235 ) — Net amount $ 317 $ 270 $ 174 $ 587
Effects of Derivatives on Earnings	The table below presents the effect of our derivative financial instruments in the consolidated Statement of Earnings: Three months ended September 30, 2019 Three months ended September 30, 2018 (In millions) Revenues Cost of sales Interest Expense SG&A Other Income Revenues Cost of sales Interest Expense SG&A Other Income Total amounts presented in the consolidated Statement of Earnings $ 23,360 $ 17,328 $ 1,279 $ 3,293 $ 158 $ 23,392 $ 17,847 $ 1,155 $ 4,100 $ 279 Total effect of cash flow hedges $ (24 ) $ (1 ) $ (8 ) $ (2 ) $ — $ 8 $ 1 $ (10 ) $ — $ — Hedged items $ (1,000 ) $ 333 Derivatives designated as hedging instruments 1,011 (362 ) Total effect of fair value hedges $ 10 $ (29 ) Interest rate contracts $ — $ — $ — $ — $ — $ (11 ) $ — $ — $ — $ — Currency exchange contracts (108 ) (8 ) (73 ) 60 (28 ) (415 ) (240 ) — — (10 ) Other (1 ) — — — 9 — — 38 — (22 ) Total effect of derivatives not designated as hedges $ (109 ) $ (8 ) $ (74 ) $ 60 $ (18 ) $ (426 ) $ (240 ) $ 38 $ — $ (32 ) Nine months ended September 30, 2019 Nine months ended September 30, 2018 (In millions) Revenues Cost of sales Interest Expense SG&A Other Income Revenues Cost of sales Interest Expense SG&A Other Income Total amounts presented in the consolidated Statement of Earnings $ 68,976 $ 50,949 $ 3,272 $ 10,120 $ 1,170 $ 70,513 $ 52,244 $ 3,585 $ 11,013 $ 1,388 Total effect of cash flow hedges $ (18 ) $ (14 ) $ (27 ) $ (3 ) $ — $ 4 $ 17 $ (30 ) $ — $ — Hedged items $ (2,186 ) $ 1,200 Derivatives designated as hedging instruments 2,172 (1,285 ) Total effect of fair value hedges $ (14 ) $ (85 ) Interest rate contracts $ (36 ) $ — $ — $ — $ — $ (46 ) $ — $ — $ — $ — Currency exchange contracts (25 ) (29 ) (212 ) (2 ) (52 ) (921 ) (484 ) — — (6 ) Other (1 ) — 123 — 10 (1 ) — 27 — (2 ) Total effect of derivatives not designated as hedges $ (62 ) $ (29 ) $ (89 ) $ (2 ) $ (42 ) $ (967 ) $ (484 ) $ 27 $ — $ (8 )

COMMITMENTS, GUARANTEES, PROD_2

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of 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 . (In millions) 2019 2018 Balance at January 1 $ 2,193 $ 2,103 Current-year provisions 527 722 Expenditures (525 ) (597 ) Other changes 34 7 Balance as of September 30 $ 2,229 $ 2,236

CASH FLOWS INFORMATION (Tables)

CASH FLOWS INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2019
Supplemental Cash Flow Information [Abstract]
Cash Flows Information	GE Nine months ended September 30 (In millions) 2019 2018 Increase (decrease) in employee benefit liabilities $ (373 ) $ 41 Other gains on investing activities 232 (434 ) Restructuring and other charges(a) 763 1,651 Restructuring and other cash expenditures (854 ) (975 ) Increase (decrease) in equipment project accruals (76 ) (785 ) Baker Hughes Class B dividends received 282 399 Other(b) 580 (434 ) All other operating activities $ 554 $ (537 ) Derivative settlements, net $ 9 $ (490 ) Investments in intangible assets, net (17 ) (472 ) Sales of retained ownership interests in Wabtec 3,383 — Other(c) 29 138 All other investing activities $ 3,404 $ (824 ) Disposition of Baker Hughes noncontrolling interests $ — $ 638 Acquisition of noncontrolling interests (28 ) (240 ) Other(d) (320 ) 34 All other financing activities $ (348 ) $ 432 (a) Excludes non-cash adjustments reflected as "Depreciation and amortization of property, plant and equipment" or "Amortization of intangible assets" in our consolidated Statement of Cash Flows. (b) Included other adjustments to net income, such as write-downs of assets and the impacts of acquisition accounting and changes in other assets and other liabilities classified as operating activities, such as the timing of payments of customer allowances. (c) Other included net activity related to settlements between our continuing operations and discontinued operations. (d) Other included debt tender expenditures of $(244) million

INTERCOMPANY TRANSACTIONS (Tabl

INTERCOMPANY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2019
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. Nine months ended September 30 (In millions) 2019 2018 Combined GE and GE Capital cash from (used for) operating activities - continuing operations $ 1,311 $ (3,962 ) GE current receivables sold to GE Capital 508 (161 ) GE long-term receivables sold to GE Capital 340 851 Supply chain finance programs 1,062 152 Other reclassifications and eliminations 201 (1,214 ) Total cash from (used for) operating activities - continuing operations $ 3,423 $ (4,334 ) Combined GE and GE Capital cash from (used for) investing activities - continuing operations $ 9,680 $ 7,209 GE current receivables sold to GE Capital (1,167 ) (1,016 ) GE long-term receivables sold to GE Capital (340 ) (851 ) GE Capital long-term loans to GE (480 ) 6,479 Supply chain finance programs (1,062 ) (152 ) Capital contribution from GE to GE Capital 1,500 — Other reclassifications and eliminations (1,043 ) 460 Total cash from (used for) investing activities - continuing operations $ 7,087 $ 12,129 Combined GE and GE Capital cash from (used for) financing activities - continuing operations $ (14,201 ) $ (17,677 ) GE current receivables sold to GE Capital 659 1,177 GE Capital long-term loans to GE 480 (6,479 ) Capital contribution from GE to GE Capital (1,500 ) — Other reclassifications and eliminations 842 755 Total cash from (used for) financing activities - continuing operations $ (13,721 ) $ (22,224 )

GUARANTOR FINANCIAL INFORMATI_2

GUARANTOR FINANCIAL INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2019
Condensed Financial Information 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, 2019 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 7,169 $ — $ — $ 31,413 $ (17,077 ) $ 21,504 GE Capital revenues from services — 245 (18 ) 2,107 (477 ) 1,856 Total revenues 7,169 245 (18 ) 33,519 (17,554 ) 23,360 Interest and other financial charges 634 272 356 148 (132 ) 1,279 Other costs and expenses 4,945 — (38 ) 40,629 (22,048 ) 23,488 Total costs and expenses 5,580 272 318 40,777 (22,180 ) 24,767 Other income (loss) 1,320 — — 4,458 (5,619 ) 158 Equity in earnings (loss) of affiliates (4,476 ) — (37 ) 31,207 (26,695 ) — Earnings (loss) from continuing operations before income taxes (1,567 ) (27 ) (373 ) 28,406 (27,688 ) (1,249 ) Benefit (provision) for income taxes (386 ) 3 — 339 3 (41 ) Earnings (loss) from continuing operations (1,953 ) (24 ) (373 ) 28,745 (27,685 ) (1,290 ) Earnings (loss) from discontinued operations, net of taxes 683 — 40 — (8,817 ) (8,093 ) Net earnings (loss) (1,270 ) (24 ) (333 ) 28,745 (36,502 ) (9,383 ) Less net earnings (loss) attributable to noncontrolling interests — — — (7 ) 46 40 Net earnings (loss) attributable to the Company (1,270 ) (24 ) (333 ) 28,752 (36,548 ) (9,423 ) Other comprehensive income (loss) 1,491 — (1 ) 1,313 (1,312 ) 1,491 Comprehensive income (loss) attributable to the Company $ 221 $ (24 ) $ (334 ) $ 30,064 $ (37,860 ) $ (7,931 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2018 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 7,301 $ — $ — $ 30,387 $ (16,407 ) $ 21,282 GE Capital revenues from services — 237 300 2,508 (936 ) 2,110 Total revenues 7,301 237 300 32,895 (17,342 ) 23,392 Interest and other financial charges 451 236 725 553 (810 ) 1,155 Other costs and expenses 11,780 — — 25,345 8,352 45,478 Total costs and expenses 12,231 236 725 25,898 7,542 46,633 Other income (loss) 1,193 — — 1,217 (2,132 ) 279 Equity in earnings (loss) of affiliates (11,235 ) — 705 28,378 (17,849 ) — Earnings (loss) from continuing operations before income taxes (14,971 ) 2 281 36,593 (44,866 ) (22,962 ) Benefit (provision) for income taxes 224 — — (536 ) 260 (52 ) Earnings (loss) from continuing operations (14,748 ) 1 281 36,057 (44,606 ) (23,014 ) Earnings (loss) from discontinued operations, net of taxes 39 — 18 — 98 155 Net earnings (loss) (14,708 ) 1 298 36,057 (44,508 ) (22,859 ) Less net earnings (loss) attributable to noncontrolling interests — — — (81 ) (9 ) (90 ) Net earnings (loss) attributable to the Company (14,708 ) 1 298 36,138 (44,498 ) (22,769 ) Other comprehensive income (loss) 203 — 12 (751 ) 739 203 Comprehensive income (loss) attributable to the Company $ (14,505 ) $ 1 $ 310 $ 35,387 $ (43,759 ) $ (22,566 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 19,993 $ — $ — $ 95,009 $ (51,871 ) $ 63,132 GE Capital revenues from services — 724 68 6,738 (1,685 ) 5,845 Total revenues 19,993 724 68 101,747 (53,556 ) 68,976 Interest and other financial charges 1,278 744 1,068 899 (716 ) 3,272 Other costs and expenses 18,377 — — 85,378 (36,458 ) 67,296 Total costs and expenses 19,654 744 1,068 86,276 (37,174 ) 70,568 Other income (loss) (1,894 ) — — 12,588 (9,524 ) 1,170 Equity in earnings (loss) of affiliates (4,430 ) — 808 58,383 (54,761 ) — Earnings (loss) from continuing operations before income taxes (5,985 ) (20 ) (192 ) 86,442 (80,667 ) (422 ) Benefit (provision) for income taxes (673 ) 3 — 46 624 1 Earnings (loss) from continuing operations (6,658 ) (18 ) (192 ) 86,489 (80,043 ) (421 ) Earnings (loss) from discontinued operations, net of taxes 951 — 42 — (6,205 ) (5,212 ) Net earnings (loss) (5,707 ) (18 ) (150 ) 86,489 (86,248 ) (5,634 ) Less net earnings (loss) attributable to noncontrolling interests — — — (3 ) 76 73 Net earnings (loss) attributable to the Company (5,707 ) (18 ) (150 ) 86,492 (86,324 ) (5,707 ) Other comprehensive income (loss) 3,053 — (1,105 ) 870 235 3,053 Comprehensive income (loss) attributable to the Company $ (2,654 ) $ (18 ) $ (1,255 ) $ 87,362 $ (86,089 ) $ (2,654 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 21,127 $ — $ — $ 94,872 $ (51,395 ) $ 64,604 GE Capital revenues from services — 678 852 5,390 (1,011 ) 5,909 Total revenues 21,127 678 852 100,263 (52,406 ) 70,513 Interest and other financial charges 1,281 671 1,889 2,041 (2,296 ) 3,585 Other costs and expenses 32,198 — — 89,228 (31,793 ) 89,634 Total costs and expenses 33,479 672 1,889 91,269 (34,090 ) 93,219 Other income (loss) 2,450 — — 3,883 (4,945 ) 1,388 Equity in earnings (loss) of affiliates (11,761 ) — 1,199 28,378 (17,816 ) — Earnings (loss) from continuing operations before income taxes (21,663 ) 7 161 41,255 (41,078 ) (21,318 ) Benefit (provision) for income taxes 47 (1 ) — (1,098 ) 592 (460 ) Earnings (loss) from continuing operations (21,616 ) 6 161 40,157 (40,486 ) (21,777 ) Earnings (loss) from discontinued operations, net of taxes (1,634 ) — (63 ) 1 170 (1,526 ) Net earnings (loss) (23,250 ) 6 98 40,158 (40,316 ) (23,304 ) Less net earnings (loss) attributable to noncontrolling interests (134 ) — — (202 ) 148 (188 ) Net earnings (loss) attributable to the Company (23,116 ) 6 98 40,360 (40,464 ) (23,116 ) Other comprehensive income (loss) 1,174 — (42 ) (2,381 ) 2,424 1,174 Comprehensive income (loss) attributable to the Company $ (21,941 ) $ 6 $ 56 $ 37,978 $ (38,040 ) $ (21,941 )
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, 2019 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 7,169 $ — $ — $ 31,413 $ (17,077 ) $ 21,504 GE Capital revenues from services — 245 (18 ) 2,107 (477 ) 1,856 Total revenues 7,169 245 (18 ) 33,519 (17,554 ) 23,360 Interest and other financial charges 634 272 356 148 (132 ) 1,279 Other costs and expenses 4,945 — (38 ) 40,629 (22,048 ) 23,488 Total costs and expenses 5,580 272 318 40,777 (22,180 ) 24,767 Other income (loss) 1,320 — — 4,458 (5,619 ) 158 Equity in earnings (loss) of affiliates (4,476 ) — (37 ) 31,207 (26,695 ) — Earnings (loss) from continuing operations before income taxes (1,567 ) (27 ) (373 ) 28,406 (27,688 ) (1,249 ) Benefit (provision) for income taxes (386 ) 3 — 339 3 (41 ) Earnings (loss) from continuing operations (1,953 ) (24 ) (373 ) 28,745 (27,685 ) (1,290 ) Earnings (loss) from discontinued operations, net of taxes 683 — 40 — (8,817 ) (8,093 ) Net earnings (loss) (1,270 ) (24 ) (333 ) 28,745 (36,502 ) (9,383 ) Less net earnings (loss) attributable to noncontrolling interests — — — (7 ) 46 40 Net earnings (loss) attributable to the Company (1,270 ) (24 ) (333 ) 28,752 (36,548 ) (9,423 ) Other comprehensive income (loss) 1,491 — (1 ) 1,313 (1,312 ) 1,491 Comprehensive income (loss) attributable to the Company $ 221 $ (24 ) $ (334 ) $ 30,064 $ (37,860 ) $ (7,931 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2018 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 7,301 $ — $ — $ 30,387 $ (16,407 ) $ 21,282 GE Capital revenues from services — 237 300 2,508 (936 ) 2,110 Total revenues 7,301 237 300 32,895 (17,342 ) 23,392 Interest and other financial charges 451 236 725 553 (810 ) 1,155 Other costs and expenses 11,780 — — 25,345 8,352 45,478 Total costs and expenses 12,231 236 725 25,898 7,542 46,633 Other income (loss) 1,193 — — 1,217 (2,132 ) 279 Equity in earnings (loss) of affiliates (11,235 ) — 705 28,378 (17,849 ) — Earnings (loss) from continuing operations before income taxes (14,971 ) 2 281 36,593 (44,866 ) (22,962 ) Benefit (provision) for income taxes 224 — — (536 ) 260 (52 ) Earnings (loss) from continuing operations (14,748 ) 1 281 36,057 (44,606 ) (23,014 ) Earnings (loss) from discontinued operations, net of taxes 39 — 18 — 98 155 Net earnings (loss) (14,708 ) 1 298 36,057 (44,508 ) (22,859 ) Less net earnings (loss) attributable to noncontrolling interests — — — (81 ) (9 ) (90 ) Net earnings (loss) attributable to the Company (14,708 ) 1 298 36,138 (44,498 ) (22,769 ) Other comprehensive income (loss) 203 — 12 (751 ) 739 203 Comprehensive income (loss) attributable to the Company $ (14,505 ) $ 1 $ 310 $ 35,387 $ (43,759 ) $ (22,566 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 19,993 $ — $ — $ 95,009 $ (51,871 ) $ 63,132 GE Capital revenues from services — 724 68 6,738 (1,685 ) 5,845 Total revenues 19,993 724 68 101,747 (53,556 ) 68,976 Interest and other financial charges 1,278 744 1,068 899 (716 ) 3,272 Other costs and expenses 18,377 — — 85,378 (36,458 ) 67,296 Total costs and expenses 19,654 744 1,068 86,276 (37,174 ) 70,568 Other income (loss) (1,894 ) — — 12,588 (9,524 ) 1,170 Equity in earnings (loss) of affiliates (4,430 ) — 808 58,383 (54,761 ) — Earnings (loss) from continuing operations before income taxes (5,985 ) (20 ) (192 ) 86,442 (80,667 ) (422 ) Benefit (provision) for income taxes (673 ) 3 — 46 624 1 Earnings (loss) from continuing operations (6,658 ) (18 ) (192 ) 86,489 (80,043 ) (421 ) Earnings (loss) from discontinued operations, net of taxes 951 — 42 — (6,205 ) (5,212 ) Net earnings (loss) (5,707 ) (18 ) (150 ) 86,489 (86,248 ) (5,634 ) Less net earnings (loss) attributable to noncontrolling interests — — — (3 ) 76 73 Net earnings (loss) attributable to the Company (5,707 ) (18 ) (150 ) 86,492 (86,324 ) (5,707 ) Other comprehensive income (loss) 3,053 — (1,105 ) 870 235 3,053 Comprehensive income (loss) attributable to the Company $ (2,654 ) $ (18 ) $ (1,255 ) $ 87,362 $ (86,089 ) $ (2,654 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2018 (UNAUDITED) (in millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 21,127 $ — $ — $ 94,872 $ (51,395 ) $ 64,604 GE Capital revenues from services — 678 852 5,390 (1,011 ) 5,909 Total revenues 21,127 678 852 100,263 (52,406 ) 70,513 Interest and other financial charges 1,281 671 1,889 2,041 (2,296 ) 3,585 Other costs and expenses 32,198 — — 89,228 (31,793 ) 89,634 Total costs and expenses 33,479 672 1,889 91,269 (34,090 ) 93,219 Other income (loss) 2,450 — — 3,883 (4,945 ) 1,388 Equity in earnings (loss) of affiliates (11,761 ) — 1,199 28,378 (17,816 ) — Earnings (loss) from continuing operations before income taxes (21,663 ) 7 161 41,255 (41,078 ) (21,318 ) Benefit (provision) for income taxes 47 (1 ) — (1,098 ) 592 (460 ) Earnings (loss) from continuing operations (21,616 ) 6 161 40,157 (40,486 ) (21,777 ) Earnings (loss) from discontinued operations, net of taxes (1,634 ) — (63 ) 1 170 (1,526 ) Net earnings (loss) (23,250 ) 6 98 40,158 (40,316 ) (23,304 ) Less net earnings (loss) attributable to noncontrolling interests (134 ) — — (202 ) 148 (188 ) Net earnings (loss) attributable to the Company (23,116 ) 6 98 40,360 (40,464 ) (23,116 ) Other comprehensive income (loss) 1,174 — (42 ) (2,381 ) 2,424 1,174 Comprehensive income (loss) attributable to the Company $ (21,941 ) $ 6 $ 56 $ 37,978 $ (38,040 ) $ (21,941 )
Condensed Consolidating Statement of Financial Position	CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION SEPTEMBER 30, 2019 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash, cash equivalents and restricted cash $ 10,001 $ — $ — $ 21,215 $ (3,406 ) $ 27,810 Receivables - net 41,269 17,841 34 61,998 (94,416 ) 26,726 Investment in subsidiaries 143,127 — 40,179 699,149 (882,455 ) — All other assets 31,724 480 — 316,579 (140,309 ) 208,474 Total assets $ 226,120 $ 18,322 $ 40,212 $ 1,098,942 $ (1,120,586 ) $ 263,009 Short-term borrowings $ 130,045 $ — $ 1,552 $ 7,303 $ (121,854 ) $ 17,046 Long-term and non-recourse borrowings 40,901 17,019 25,511 24,676 (31,909 ) 76,199 All other liabilities 65,166 275 219 136,051 (61,100 ) 140,612 Total liabilities 236,112 17,294 27,282 168,031 (214,863 ) 233,856 Total liabilities and equity $ 226,120 $ 18,322 $ 40,212 $ 1,098,942 $ (1,120,586 ) $ 263,009 CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2018 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash, cash equivalents and restricted cash $ 9,561 $ — $ — $ 25,975 $ (4,412 ) $ 31,124 Receivables - net 27,868 17,467 2,792 56,256 (74,895 ) 29,488 Investment in subsidiaries 175,071 — 45,832 733,535 (954,437 ) — All other assets 19,165 12 — 298,493 (67,210 ) 250,460 Total assets $ 231,665 $ 17,479 $ 48,623 $ 1,114,260 $ (1,100,954 ) $ 311,072 Short-term borrowings $ 143,481 $ — $ 9,854 $ 9,653 $ (150,212 ) $ 12,776 Long-term and non-recourse borrowings 50,705 16,115 24,341 47,014 (47,352 ) 90,824 All other liabilities 45,722 336 245 133,203 (23,514 ) 155,992 Total liabilities 239,908 16,452 34,439 189,870 (221,078 ) 259,591 Total liabilities and equity $ 231,665 $ 17,479 $ 48,623 $ 1,114,260 $ (1,100,954 ) $ 311,072
Condensed Consolidating Statement of Cash Flows	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 30, 2019 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ 9,148 $ 400 $ (1,539 ) $ 6,556 $ (12,531 ) $ 2,033 Cash from (used for) investing activities $ 34,181 $ (400 ) $ 6,072 $ 108,843 $ (143,646 ) $ 5,050 Cash from (used for) financing activities $ (42,889 ) $ — $ (4,532 ) $ (120,127 ) $ 153,460 $ (14,089 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — (131 ) — (131 ) Increase (decrease) in cash, cash equivalents and restricted cash 440 — — (4,859 ) (2,717 ) (7,136 ) Cash, cash equivalents and restricted cash at beginning of year 9,561 — — 26,676 (689 ) 35,548 Cash, cash equivalents and restricted cash 10,001 — — 21,817 (3,406 ) 28,412 Less cash, cash equivalents and restricted cash of discontinued operations at September 30 — — — 602 — 602 Cash, cash equivalents and restricted cash of continuing operations at September 30 $ 10,001 $ — $ — $ 21,215 $ (3,406 ) $ 27,810 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $(2,382) million . CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 30, 2018 (UNAUDITED) (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ 11,267 $ (118 ) $ (381 ) $ 24,135 $ (38,492 ) $ (3,589 ) Cash from (used for) investing activities $ (625 ) $ 189 $ (1,052 ) $ (18,293 ) $ 31,417 $ 11,636 Cash from (used for) financing activities $ (11,824 ) $ (70 ) $ 1,445 $ (16,845 ) $ 2,328 $ (24,967 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — (440 ) — (440 ) Increase (decrease) in cash, cash equivalents and restricted cash (1,183 ) — 12 (11,443 ) (4,747 ) (17,361 ) Cash, cash equivalents and restricted cash at beginning of year 3,472 — 3 41,993 (743 ) 44,724 Cash, cash equivalents and restricted cash 2,289 — 15 30,550 (5,490 ) 27,364 Less cash, cash equivalents and restricted cash of discontinued operations at September 30 — — — 5,310 — 5,310 Cash, cash equivalents and restricted cash of continuing operations at September 30 $ 2,289 $ — $ 15 $ 25,240 $ (5,490 ) $ 22,054 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $185 million .

SEGMENT OPERATIONS (Tables)

SEGMENT OPERATIONS (Tables)	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Summary of Operating Segments	SUMMARY OF REPORTABLE SEGMENTS Three months ended September 30 Nine months ended September 30 (Dollars in millions) 2019 2018 V% 2019 2018 V% Power $ 3,926 $ 4,559 (14) % $ 13,224 $ 16,768 (21) % Renewable Energy 4,425 3,920 13 % 10,590 9,642 10 % Aviation 8,109 7,480 8 % 23,940 22,111 8 % Healthcare 4,923 4,707 5 % 14,540 14,387 1 % Total industrial segment revenues 21,383 20,665 3 % 62,293 62,908 (1) % Capital 2,097 2,473 (15) % 6,645 7,075 (6) % Total segment revenues 23,480 23,138 1 % 68,938 69,982 (1) % Corporate items and eliminations (120 ) 254 U 39 531 (93) % Consolidated revenues $ 23,360 $ 23,392 — % $ 68,976 $ 70,513 (2) % Power $ (144 ) $ (676 ) 79 % $ 84 $ (22 ) F Renewable Energy (98 ) 116 U (469 ) 312 U Aviation 1,718 1,665 3 % 4,764 4,743 — % Healthcare 974 861 13 % 2,714 2,522 8 % Total industrial segment profit (loss) 2,450 1,967 25 % 7,092 7,555 (6) % Capital (645 ) 19 U (599 ) (403 ) (49 )% Total segment profit (loss) 1,806 1,986 (9) % 6,493 7,151 (9) % Corporate items and eliminations (808 ) (1,523 ) 47 % (2,013 ) (2,596 ) 22 % GE goodwill impairments (740 ) (21,973 ) 97 % (1,484 ) (21,973 ) 93 % GE interest and other financial charges (791 ) (590 ) (34) % (1,693 ) (1,773 ) 5 % GE non-operating benefit costs (562 ) (760 ) 26 % (1,684 ) (2,132 ) 21 % GE benefit (provision) for income taxes (229 ) (95 ) U (327 ) (624 ) 48 % Earnings (loss) from continuing operations attributable to GE common shareowners (1,325 ) (22,956 ) 94 % (707 ) (21,947 ) 97 % Earnings (loss) from discontinued operations, net of taxes (8,093 ) 155 U (5,212 ) (1,526 ) U Less net earnings attributable to noncontrolling interests, discontinued operations 46 7 F 58 (97 ) F Earnings (loss) from discontinued operations, net of tax and noncontrolling interest (8,140 ) 148 U (5,270 ) (1,429 ) U Consolidated net earnings (loss) attributable to the GE common shareowners $ (9,465 ) $ (22,808 ) 59 % $ (5,977 ) $ (23,376 ) 74 %

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Restricted cash	$ 633	$ 388

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accounting Changes (Details) - USD ($) $ in Millions	Sep. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings	$ 87,213		$ 93,109
Right-of-use assets	2,970
Lease liabilities	$ 3,169
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings		$ 315
Right-of-use assets		3,272
Lease liabilities		3,459
ASU 2017-12
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings		52
Borrowings		$ (52)

BUSINESSES HELD FOR SALE AND _3

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Assets and Liabilities of Businesses Held for Sale, Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Feb. 25, 2019	Dec. 31, 2018	Nov. 13, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	$ 12,832		$ 12,832			$ 1,629
Liabilities held for sale	1,543		1,543			708
Goodwill	26,666		26,666			$ 33,974
Assets planned to be disposed of							$ 20,000
Pre-tax gain (loss) on disposal	(8,677)	$ 0	(5,160)	$ 4
Held for Sale or Disposed of by Sale | BioPharma
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration					$ 21,400
Goodwill	5,523		5,523
Held for Sale, Not Discontinued Operation
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration	1,070		1,070
Pre-tax gain (loss) on disposal	218
Liquidation of valuation allowance	548		548
Held for Sale, Not Discontinued Operation | PK AirFinance
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	3,900		3,900
Liabilities held for sale	129		129
Held for Sale, Not Discontinued Operation | BioPharma
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	8,332		8,332
Liabilities held for sale	$ 1,174		$ 1,174

BUSINESSES HELD FOR SALE AND _4

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Financial Information for Assets and Liabilities of Businesses Held for Sale (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Assets
Assets	$ 4,178	$ 63,853
Liabilities
Liabilities	387	19,281
Held for Sale, Not Discontinued Operation
Assets
Current receivables	400	184
Inventories	707	529
Financing receivables held for sale	3,849	0
Property, plant, and equipment – net and Operating leases	906	423
Goodwill and Other intangible assets - net	6,285	884
Valuation allowance	(508)	(1,013)
Deferred tax asset	819	0
Other assets	376	622
Assets	12,832	1,629
Liabilities
Accounts payable and Progress collections and deferred income	798	428
Non-current compensation and benefits	360	152
Other liabilities	384	128
Liabilities	$ 1,543	$ 708

BUSINESSES HELD FOR SALE AND _5

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Discontinued Operations, Narrative (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	Aug. 31, 2019	Feb. 25, 2019	Sep. 30, 2019	Jun. 30, 2019	Apr. 30, 2019	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from principal business dispositions									$ 1,124	$ 5,477
Gain (loss) on disposal before income taxes						$ (8,677)		$ 0	(5,160)	4
Gain (loss) on disposal, net of taxes						(8,201)		0	(5,648)	3
Violation of FIRREA by WMC and GE Capital
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amount to be paid					$ 1,500
Baker Hughes disposal group
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposal before income taxes						(8,667)		0	(8,667)	0
Gain (loss) on disposal, net of taxes						(8,190)		0	(8,190)	0
Baker Hughes disposal group | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposal before income taxes						8,667
Gain (loss) on disposal, net of taxes						8,190
Transportation
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposal before income taxes						0		0	3,471	0
Gain (loss) on disposal, net of taxes						0	$ 2,508	$ 0	2,508	$ 0
Transportation | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposal before income taxes		$ 3,471
Gain (loss) on disposal, net of taxes		2,508
Decrease in additional paid in capital related with spinoff		$ (852)
Percentage of shares to shareholders in spinoff		49.40%
Baker Hughes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Initial fair value of investment			$ 9,631			$ 9,631			$ 9,631
Ownership interest (as a percent)			36.80%			36.80%			36.80%
Fair value of promissory note receivable			$ 750			$ 750			$ 750
Share price (in dollars per share)			$ 23.53			$ 23.53			$ 23.53
Baker Hughes | Baker Hughes disposal group | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sale of shares			144.1
Ownership interest (as a percent)			36.80%			36.80%			36.80%
Proceeds from principal business dispositions			$ 3,037
Ownership interest (as a percentage)	50.20%
Wabtec
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Fair value of interest in common and preferred shares		$ 3,513
Share price (in dollars per share)		$ 73.45
Wabtec | Transportation | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership interest (as a percent)		24.90%
Proceeds from principal business dispositions		$ 2,827
Additional cash consideration for tax benefits that will be realized		$ 470
Wabtec | Transportation | Discontinued Operations | Common Stock
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership interest (as a percent)		24.30%
GE Capital | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Tax benefit				$ 332
Net interest benefits				$ 46
GE Capital Exit Plan | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, intercompany tax receivables			879			$ 879			$ 879		$ 1,141
Baker Hughes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash collected from affiliate						157
Baker Hughes | Promissory Note | Baker Hughes Promissory Note
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash collected from affiliate						151
Financing Receivable | Baker Hughes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Finance program outstanding balance			$ 312			$ 312			$ 312

BUSINESSES HELD FOR SALE AND _6

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Financial Information for Discontinued Operations (Details) - USD ($) $ in Millions	Feb. 25, 2019	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
Sales of goods and services		$ 4,478		$ 6,602	$ 16,596	$ 19,355
GE Capital revenues and other income (loss)		16		152	7	(1,316)
Cost of goods and services sold		(3,686)		(5,419)	(13,795)	(16,082)
Other costs and expenses		(686)		(1,048)	(2,550)	(3,301)
Earnings (loss) of discontinued operations, net of taxes		107		155	436	(1,529)
Gain (loss) on disposal before income taxes		(8,677)		0	(5,160)	4
Earnings (loss) of discontinued operations before income taxes		121		287	258	(1,343)
Benefit (provision) for income taxes		(14)		(132)	178	(186)
Benefit (provision) for income taxes		477		0	(488)	(1)
Gain (loss) on disposal, net of taxes		(8,201)		0	(5,648)	3
Earnings (loss) from discontinued operations, net of taxes		(8,093)		155	(5,212)	(1,526)
Earnings (loss) from discontinued operations attributable to the Company after income taxes		61		148	378	(1,432)
Assets
Assets		4,178			4,178		$ 63,853
Liabilities
Liabilities		387			387		19,281
Baker Hughes disposal group
FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
Sales of goods and services		4,478		5,670	16,047	16,609
GE Capital revenues and other income (loss)		0		0	0	0
Cost of goods and services sold		(3,686)		(4,767)	(13,317)	(14,140)
Other costs and expenses		(618)		(830)	(2,386)	(2,530)
Earnings (loss) of discontinued operations, net of taxes		125		(5)	179	(185)
Gain (loss) on disposal before income taxes		(8,667)		0	(8,667)	0
Earnings (loss) of discontinued operations before income taxes		175		73	345	(61)
Benefit (provision) for income taxes		(50)		(78)	(165)	(124)
Benefit (provision) for income taxes		477		0	477	0
Gain (loss) on disposal, net of taxes		(8,190)		0	(8,190)	0
Earnings (loss) from discontinued operations, net of taxes		(8,066)		(5)	(8,011)	(185)
Transportation and Other
FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
Sales of goods and services		0		932	549	2,746
GE Capital revenues and other income (loss)		0		0	0	0
Cost of goods and services sold		0		(652)	(478)	(1,942)
Other costs and expenses		(16)		(127)	(22)	(473)
Earnings (loss) of discontinued operations, net of taxes		(9)		120	36	237
Gain (loss) on disposal before income taxes		0		0	3,471	0
Earnings (loss) of discontinued operations before income taxes		(16)		152	49	331
Benefit (provision) for income taxes		6		(32)	(13)	(93)
Benefit (provision) for income taxes		0		0	(963)	0
Gain (loss) on disposal, net of taxes		0	$ 2,508	0	2,508	0
Earnings (loss) from discontinued operations, net of taxes		(9)		120	2,544	237
GE Capital
FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
Sales of goods and services		0		0	0	0
GE Capital revenues and other income (loss)		16		152	7	(1,316)
Cost of goods and services sold		0		0	0	0
Other costs and expenses		(53)		(90)	(142)	(298)
Earnings (loss) of discontinued operations, net of taxes		(8)		40	220	(1,582)
Gain (loss) on disposal before income taxes		(10)		0	36	4
Earnings (loss) of discontinued operations before income taxes		(37)		61	(136)	(1,614)
Benefit (provision) for income taxes		29		(22)	356	32
Benefit (provision) for income taxes		0		0	(2)	(1)
Gain (loss) on disposal, net of taxes		(10)		0	35	3
Earnings (loss) from discontinued operations, net of taxes		(18)		$ 40	255	$ (1,579)
Discontinued Operations
Assets
Cash, cash equivalents and restricted cash		602			602		4,424
Investment securities		207			207		522
Current receivables		81			81		6,258
Inventories		0			0		5,419
Financing receivables held for sale (Polish mortgage portfolio)		2,542			2,542		2,745
Property, plant, and equipment – net and Operating leases		139			139		7,139
Goodwill and intangible assets - net		0			0		31,622
Deferred income taxes		312			312		1,174
All other assets		296			296		4,550
Assets		4,178			4,178		63,853
Liabilities
Accounts payable and Progress collections and deferred income		32			32		6,806
Operating lease liabilities		217			217		0
Other GE current liabilities		51			51		2,002
All other liabilities		88			88		10,473
Liabilities		387			$ 387		19,281
Discontinued Operations | Baker Hughes disposal group
FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
Gain (loss) on disposal before income taxes		8,667
Gain (loss) on disposal, net of taxes		$ 8,190
Assets
Assets							54,596
Liabilities
Liabilities							15,535
Discontinued Operations | Transportation and Other
FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
Gain (loss) on disposal before income taxes	$ 3,471
Gain (loss) on disposal, net of taxes	$ 2,508
Assets
Assets							4,573
Liabilities
Liabilities							$ 1,871

INVESTMENT SECURITIES - Schedul

INVESTMENT SECURITIES - Schedule of Investment Securities (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Gross unrealized gains	$ 6,008	$ 2,792
Gross unrealized losses	(42)	(561)
Equity	9,476	107
Amortized cost	42,259	31,277
Estimated fair value	48,225	33,508
U.S. corporate
Debt Securities, Available-for-sale [Line Items]
Amortized cost	22,945	21,306
Gross unrealized gains	4,728	2,257
Gross unrealized losses	(20)	(357)
Estimated fair value	27,653	23,206
Non-U.S. corporate
Debt Securities, Available-for-sale [Line Items]
Amortized cost	2,212	1,906
Gross unrealized gains	262	53
Gross unrealized losses	(1)	(76)
Estimated fair value	2,473	1,883
State and municipal
Debt Securities, Available-for-sale [Line Items]
Amortized cost	3,207	3,320
Gross unrealized gains	705	367
Gross unrealized losses	(19)	(54)
Estimated fair value	3,893	3,633
Mortgage and asset-backed
Debt Securities, Available-for-sale [Line Items]
Amortized cost	3,000	3,325
Gross unrealized gains	158	51
Gross unrealized losses	(3)	(54)
Estimated fair value	3,155	3,322
Government and agencies
Debt Securities, Available-for-sale [Line Items]
Amortized cost	1,420	1,314
Gross unrealized gains	155	62
Gross unrealized losses	0	(20)
Estimated fair value	$ 1,575	$ 1,357

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment fair value	$ 9,476		$ 9,476		$ 107
Net unrealized gains (losses) recorded to earnings	(89)	$ (57)	(131)	$ 210
Proceeds from investment securities sales and early redemptions by issuers	2,318	1,483	6,652	2,173
Debt and equity securities, realized gain	10	11	86	49
Debt and equity securities, realized losses	(75)	$ (32)	(181)	$ (35)
Gross unrealized losses, less than 12 months	(10)		(10)		(310)
Gross unrealized losses, 12 months or more	(32)		(32)		(251)
Estimated fair value, less than 12 months	791		791		7,048
Estimated fair value, 12 months or more	333		333		3,856
Equity securities without readily determinable fair values	586		586		542
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments with a fair value	$ 4,971		$ 4,971		$ 4,013
Baker Hughes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Ownership interest (as a percent)	36.80%		36.80%
Investment fair value	$ 9,356		$ 9,356
Net unrealized gains (losses) recorded to earnings			(125)
Wabtec
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Proceeds from shares sold	1,584
Equity securities, realized losses	$ (70)		$ (130)

INVESTMENT SECURITIES - Contrac

INVESTMENT SECURITIES - Contractual Maturities (Details) $ in Millions	Sep. 30, 2019USD ($)
Amortized cost
Within one year	$ 390
After one year through five years	2,808
After five years through ten years	6,636
After ten years	19,950
Estimated fair value
Within one year	396
After one year through five years	2,964
After five years through ten years	7,628
After ten years	$ 24,606

CURRENT AND LONG-TERM RECEIVA_3

CURRENT AND LONG-TERM RECEIVABLES - Schedule of Current Receivables (Details) - USD ($) $ in Millions		9 Months Ended	12 Months Ended
		Sep. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		$ 12,225	$ 10,742
Sundry receivables		4,638	4,573
Allowance for losses		(845)	(670)
Total current receivables		16,018	14,645
GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
DPP balance		368	468
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		8,444	6,355
Sundry receivables		5,059	4,569
Allowance for losses		(845)	(662)
Total current receivables	[1]	$ 12,657	$ 10,262
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

CURRENT AND LONG-TERM RECEIVA_4

CURRENT AND LONG-TERM RECEIVABLES - Sales of GE Current Customer Receivables, Narrative (Details) - Current Receivables - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impact on CFOA	$ 1,847	$ 2,718
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of receivables sold	59.00%	70.00%

CURRENT AND LONG-TERM RECEIVA_5

CURRENT AND LONG-TERM RECEIVABLES - Sales of GE Current Customer Receivables (Details) - GE - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Current Receivables | GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	$ 4,386	$ 9,656
GE sales	30,383	37,349
GE Capital sales to third parties	(20,505)	(22,212)
Collections and other	(10,746)	(19,395)
Reclassification from long-term customer receivables	265	492
Balance at end of period	3,782	5,889
Current Receivables | Third Parties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	7,880	5,710
GE sales	3,002	3,417
GE Capital sales to third parties	20,505	22,212
Collections and other	(25,004)	(24,431)
Reclassification from long-term customer receivables	0	0
Balance at end of period	6,382	6,907
Current Receivables with Recourse | GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 866	$ 1,675

CURRENT AND LONG-TERM RECEIVA_6

CURRENT AND LONG-TERM RECEIVABLES - Schedule of Long-term Receivables (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Long-term customer receivables	$ 1,181	$ 1,442
Long-term sundry receivables	1,545	1,180
Allowance for losses	(110)	(145)
Total long-term receivables	2,616	2,477
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Long-term customer receivables	653	559
Long-term sundry receivables	1,743	1,519
Allowance for losses	(110)	(145)
Total long-term receivables	$ 2,285	$ 1,933

CURRENT AND LONG-TERM RECEIVA_7

CURRENT AND LONG-TERM RECEIVABLES - Sales of GE Long-Term Receivables, Narrative (Details) - Noncurrent Receivables - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average remaining duration period	3 years
GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impact on CFOA	$ 380	$ 629

CURRENT AND LONG-TERM RECEIVA_8

CURRENT AND LONG-TERM RECEIVABLES - Sales of GE Long-term Receivables (Details) - GE Capital - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Noncurrent Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	$ 883	$ 1,947
GE sales to GE Capital	0	123
Sales, collections, accretion and other	(90)	(272)
Reclassification to current customer receivables	(265)	(492)
Balance at end of period	528	1,307
Noncurrent Receivables with Recourse | GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at end of period	$ 402	$ 797

CURRENT AND LONG-TERM RECEIVA_9

CURRENT AND LONG-TERM RECEIVABLES - Unconsolidated Receivables Facilities (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)receivable_facility	Sep. 30, 2018USD ($)
GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of receivables facility | receivable_facility	2
Facility program size	$ 5,100
Third Parties | GE | Current Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables sold to receivables facilities	16,062	$ 17,115
Total cash purchase price for customer receivables	15,824	13,096
Cash collections re-invested to purchase customer receivables	13,286	11,518
Non-cash increases to deferred purchase price	168	3,935
Cash payments received on deferred purchase price	$ 268	$ 3,905

CURRENT AND LONG-TERM RECEIV_10

CURRENT AND LONG-TERM RECEIVABLES - Consolidated Securitization Entities (Details) - Consolidated VIE $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)entity	Dec. 31, 2018USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets	$ 1,539	$ 2,321
Liabilities	$ 1,007	1,611
GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of VIEs | entity	3
GE Capital | Receivables | Current Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets	$ 1,976	2,141
GE Capital | Receivables | Noncurrent Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets	456	678
GE Capital | Debt | Debt Facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Liabilities	$ 1,498	$ 1,875

FINANCING RECEIVABLES AND ALL_3

FINANCING RECEIVABLES AND ALLOWANCES - Schedule of Financing Receivables, Net (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – net	$ 3,321	$ 7,699
Financing Receivables Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	3,371	7,757
Allowance for losses	(50)	(58)
Financing receivables – net	3,321	7,699
Financing Receivables Portfolio Segment | Loans, net of deferred income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	1,251	5,118
Financing Receivables Portfolio Segment | Investment in financing leases, net of deferred income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	2,120	2,639
Financing Receivables Portfolio Segment | GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net of deferred income	7,759	13,656
Allowance for losses	(12)	(28)
Financing receivables – net	7,748	13,628
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	5,639	10,834
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	$ 2,120	$ 2,822

FINANCING RECEIVABLES AND ALL_4

FINANCING RECEIVABLES AND ALLOWANCES - Narrative (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Finance lease income		$ 43	$ 65	$ 135	$ 193
Financing receivable		3,321		3,321		$ 7,699
Financing Receivables Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable		3,321		3,321		7,699
GECAS
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable	[1]	$ 0		$ 0		$ 0
GE Capital | Financing Receivables Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percent of financing receivables over 30 days past due		3.30%		3.30%		2.40%
Percent of financing receivables over 90 days past due		2.30%		2.30%		1.80%
Percent of financing receivables on nonaccrual		3.70%		3.70%		0.90%
Financing receivable		$ 7,748		$ 7,748		$ 13,628
GE Capital | Financing Receivables Portfolio Segment | Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable		385		385		688
Financing receivables on nonaccrual		93		$ 93		$ 96
GE Capital | GECAS
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables classified as held for sale		$ 3,849
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Raw materials and work in process	$ 8,983	$ 8,057
Finished goods	6,025	5,548
Unbilled shipments	195	197
Total inventories	$ 15,203	$ 13,803

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Property, Plant and Equipment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Original cost	$ 75,196		$ 75,196		$ 75,618
Less accumulated depreciation and amortization	(32,310)		(32,310)		(32,007)
Property, plant and equipment – net	42,886		42,886		$ 43,611
Consolidated depreciation and amortization on property, plant and equipment	1,004	$ 1,257	2,969	$ 3,357
Operating lease income	934	997	2,883	3,003
Fixed lease income	755	828	2,293	2,457
Variable lease income	$ 178	$ 169	$ 589	$ 546

PROPERTY, PLANT AND EQUIPMENT_4

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Operating Lease Assets and Liabilities (Details) $ in Millions	Sep. 30, 2019USD ($)
Property, Plant and Equipment [Abstract]
Right-of-use assets	$ 2,970
Lease liabilities	$ 3,169
Lease term	12 years

PROPERTY, PLANT AND EQUIPMENT_5

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Operating Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
Long-term (fixed)	$ 180	$ 232	$ 625	$ 733
Long-term (Variable)	41	26	111	135
Short-term	60	34	150	100
Total Operating lease expense	$ 281	$ 292	$ 887	$ 968

PROPERTY, PLANT AND EQUIPMENT_6

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Maturity of Lease Liabilities (Details) $ in Millions	Sep. 30, 2019USD ($)
Property, Plant and Equipment [Abstract]
2019 (excluding nine months ended September 30, 2019)	$ 212
2020	769
2021	636
2022	530
2023	429
Thereafter	1,195
Total undiscounted lease payments	3,771
Less: imputed interest	(602)
Total lease liability as of September 30, 2019	$ 3,169

PROPERTY, PLANT AND EQUIPMENT_7

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Supplemental Information Related to Operating Leases (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Property, Plant and Equipment [Abstract]
Operating cash flows used for operating leases	$ 683
Right-of-use assets obtained in exchange for new lease liabilities	$ 459
Weighted-average remaining lease term	6 years 9 months 18 days
Weighted-average discount rate	5.10%

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Changes in Goodwill Balances (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Goodwill
Balance at beginning of period			$ 33,974
Dispositions and classification to held for sale			(5,571)
Impairments	$ (740)	$ (21,973)	(1,484)	$ (21,973)
Currency exchange and other			(253)
Balance at end of period	26,666		26,666
Operating Segments | Power
Goodwill
Balance at beginning of period			139
Dispositions and classification to held for sale			0
Impairments			0
Currency exchange and other			6
Balance at end of period	145		145
Operating Segments | Renewable Energy
Goodwill
Balance at beginning of period			4,730
Dispositions and classification to held for sale			0
Impairments			(1,484)
Currency exchange and other			33
Balance at end of period	3,279		3,279
Operating Segments | Aviation
Goodwill
Balance at beginning of period			9,839
Dispositions and classification to held for sale			0
Impairments			0
Currency exchange and other			(31)
Balance at end of period	9,808		9,808
Operating Segments | Healthcare
Goodwill
Balance at beginning of period			17,226
Dispositions and classification to held for sale			(5,532)
Impairments			0
Currency exchange and other			28
Balance at end of period	11,722		11,722
Operating Segments | Capital
Goodwill
Balance at beginning of period			904
Dispositions and classification to held for sale			(39)
Impairments			0
Currency exchange and other			(25)
Balance at end of period	839		839
Corporate
Goodwill
Balance at beginning of period			1,136
Dispositions and classification to held for sale			0
Impairments			0
Currency exchange and other			(263)
Balance at end of period	$ 873		$ 873

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Goodwill, Narrative (Details)	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 30, 2019USD ($)	Jun. 30, 2019USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Goodwill [Line Items]
Goodwill impairments	$ 740,000,000		$ 21,973,000,000	$ 1,484,000,000	$ 21,973,000,000
Goodwill	26,666,000,000			26,666,000,000		$ 33,974,000,000
Additive Reporting Unit
Goodwill [Line Items]
Goodwill	1,097,000,000			1,097,000,000
Capital
Goodwill [Line Items]
Goodwill	839,000,000			839,000,000
Grid Solutions equipment and services
Goodwill [Line Items]
Goodwill impairments		$ 744,000,000
Goodwill		0
Power Generation and Grid Solutions
Goodwill [Line Items]
Goodwill impairments			$ 21,973,000,000			22,136,000,000
Hydro Reporting Unit
Goodwill [Line Items]
Goodwill impairments	740,000,000
Goodwill	0			0
Operating Segments | Power
Goodwill [Line Items]
Goodwill impairments				0
Goodwill	145,000,000			145,000,000		139,000,000
Goodwill transfers in (out)		(1,618,000,000)
Operating Segments | Renewable Energy
Goodwill [Line Items]
Goodwill impairments				1,484,000,000
Goodwill	3,279,000,000			3,279,000,000		4,730,000,000
Goodwill transfers in (out)		744,000,000
Corporate
Goodwill [Line Items]
Goodwill impairments				0
Goodwill	$ 873,000,000			$ 873,000,000		$ 1,136,000,000
Goodwill transfers in (out)		$ 874,000,000
Discount rate | Minimum
Goodwill [Line Items]
Goodwill, measurement input	0.096			0.096
Discount rate | Maximum
Goodwill [Line Items]
Goodwill, measurement input	0.220			0.220

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Other Intangible Assets - Net (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible assets subject to amortization	$ 10,766	$ 12,178

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLE ASSETS - Other Intangible Assets, Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	$ 10,766		$ 10,766		$ 12,178
Amortization of intangible assets	496	$ 831	1,220	$ 1,740
Power
Acquired Finite-Lived Intangible Assets [Line Items]
Non-cash impairment charge of intangibles	103	$ 428	103	$ 428
BioPharma | Held-for-sale | Healthcare
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	$ 526		$ 526

REVENUES - Equipment and Servic

REVENUES - Equipment and Services Revenues (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Industrial Segment
Disaggregation of Revenue [Line Items]
Total Revenues	$ 21,383	$ 20,665	$ 62,293	$ 62,908
Industrial Segment | Equipment
Disaggregation of Revenue [Line Items]
Total Revenues	11,020	10,283	30,545	30,602
Industrial Segment | Services
Disaggregation of Revenue [Line Items]
Total Revenues	10,363	10,383	31,748	32,305
Power
Disaggregation of Revenue [Line Items]
Total Revenues	3,926	4,559	13,224	16,768
Power | Equipment
Disaggregation of Revenue [Line Items]
Total Revenues	1,434	1,334	4,473	6,224
Power | Services
Disaggregation of Revenue [Line Items]
Total Revenues	2,492	3,225	8,751	10,545
Renewable Energy
Disaggregation of Revenue [Line Items]
Total Revenues	4,425	3,920	10,590	9,642
Renewable Energy | Equipment
Disaggregation of Revenue [Line Items]
Total Revenues	3,609	3,414	8,457	7,979
Renewable Energy | Services
Disaggregation of Revenue [Line Items]
Total Revenues	816	505	2,133	1,663
Aviation
Disaggregation of Revenue [Line Items]
Total Revenues	8,109	7,480	23,940	22,111
Aviation | Equipment
Disaggregation of Revenue [Line Items]
Total Revenues	3,149	2,833	9,295	8,281
Aviation | Services
Disaggregation of Revenue [Line Items]
Total Revenues	4,960	4,646	14,645	13,830
Healthcare
Disaggregation of Revenue [Line Items]
Total Revenues	4,923	4,707	14,540	14,387
Healthcare | Equipment
Disaggregation of Revenue [Line Items]
Total Revenues	2,828	2,700	8,320	8,119
Healthcare | Services
Disaggregation of Revenue [Line Items]
Total Revenues	$ 2,095	$ 2,006	$ 6,220	$ 6,268

REVENUES - Sub-Segment Revenues

REVENUES - Sub-Segment Revenues (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Consolidated Revenues	$ 23,360	$ 23,392	$ 68,976	$ 70,513
Industrial Segment
Disaggregation of Revenue [Line Items]
Total Revenues	21,383	20,665	62,293	62,908
Power
Disaggregation of Revenue [Line Items]
Total Revenues	3,926	4,559	13,224	16,768
Renewable Energy
Disaggregation of Revenue [Line Items]
Total Revenues	4,425	3,920	10,590	9,642
Aviation
Disaggregation of Revenue [Line Items]
Total Revenues	8,109	7,480	23,940	22,111
Healthcare
Disaggregation of Revenue [Line Items]
Total Revenues	4,923	4,707	14,540	14,387
Operating segments
Disaggregation of Revenue [Line Items]
Consolidated Revenues	23,480	23,138	68,938	69,982
Operating segments | Industrial Segment
Disaggregation of Revenue [Line Items]
Total Revenues	21,383	20,665	62,293	62,908
Operating segments | Power
Disaggregation of Revenue [Line Items]
Total Revenues	3,926	4,559	13,224	16,768
Operating segments | Power | Gas Power
Disaggregation of Revenue [Line Items]
Total Revenues	2,732	2,678	9,242	9,719
Operating segments | Power | Power Portfolio
Disaggregation of Revenue [Line Items]
Total Revenues	1,194	1,882	3,982	7,050
Operating segments | Renewable Energy
Disaggregation of Revenue [Line Items]
Total Revenues	4,425	3,920	10,590	9,642
Operating segments | Renewable Energy | Onshore Wind
Disaggregation of Revenue [Line Items]
Total Revenues	3,193	2,523	7,084	5,119
Operating segments | Renewable Energy | Grid Solutions equipment and services
Disaggregation of Revenue [Line Items]
Total Revenues	1,004	1,059	2,876	3,483
Operating segments | Renewable Energy | Hydro and Offshore Wind
Disaggregation of Revenue [Line Items]
Total Revenues	228	337	630	1,041
Operating segments | Aviation
Disaggregation of Revenue [Line Items]
Total Revenues	8,109	7,480	23,940	22,111
Operating segments | Aviation | Commercial Engines & Services
Disaggregation of Revenue [Line Items]
Total Revenues	5,997	5,636	17,796	16,443
Operating segments | Aviation | Military
Disaggregation of Revenue [Line Items]
Total Revenues	1,061	898	3,073	2,942
Operating segments | Aviation | Systems & Other
Disaggregation of Revenue [Line Items]
Total Revenues	1,050	946	3,071	2,726
Operating segments | Healthcare
Disaggregation of Revenue [Line Items]
Total Revenues	4,923	4,707	14,540	14,387
Operating segments | Healthcare | Healthcare Systems
Disaggregation of Revenue [Line Items]
Total Revenues	3,642	3,566	10,664	10,877
Operating segments | Healthcare | Life Sciences
Disaggregation of Revenue [Line Items]
Total Revenues	1,280	1,140	3,875	3,509
Operating segments | Capital
Disaggregation of Revenue [Line Items]
Consolidated Revenues	2,097	2,473	6,645	7,075
Corporate items and eliminations
Disaggregation of Revenue [Line Items]
Consolidated Revenues	$ (120)	$ 254	$ 39	$ 531

REVENUES - Remaining Performanc

REVENUES - Remaining Performance Obligation (Details) $ in Millions	Sep. 30, 2019USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied	$ 240,536
Equipment
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied	45,809
Services
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied	$ 194,727

REVENUES - Remaining Performa_2

REVENUES - Remaining Performance Obligation (Percentage and Period) (Details)	Sep. 30, 2019
Equipment | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation expected to be satisfied (as a percent)	53.00%
Performance obligations expected to be satisfied, expected timing	1 year
Equipment | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation expected to be satisfied (as a percent)	66.00%
Performance obligations expected to be satisfied, expected timing	2 years
Equipment | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation expected to be satisfied (as a percent)	71.00%
Performance obligations expected to be satisfied, expected timing	5 years
Services | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation expected to be satisfied (as a percent)	11.00%
Performance obligations expected to be satisfied, expected timing	1 year
Services | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation expected to be satisfied (as a percent)	48.00%
Performance obligations expected to be satisfied, expected timing	5 years
Services | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation expected to be satisfied (as a percent)	72.00%
Performance obligations expected to be satisfied, expected timing	10 years
Services | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2035-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation expected to be satisfied (as a percent)	91.00%
Performance obligations expected to be satisfied, expected timing	15 years

CONTRACT AND OTHER DEFERRED A_3

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Capitalized Contract Cost [Line Items]
Decrease in contract and other deferred assets	$ 298
Revenue recognized included in contract liability	9,565	$ 10,692
Aviation
Capitalized Contract Cost [Line Items]
Increase (decrease) in progress collections and deferred income due to timing of revenue recognition	6
Long-term | Services
Capitalized Contract Cost [Line Items]
Decrease due to billings	8,306
Increase due to revenues recognized	8,162
Long-term | Services | Aviation
Capitalized Contract Cost [Line Items]
Decrease due to billings	61
Long-term | Services | Power
Capitalized Contract Cost [Line Items]
Decrease due to billings	$ 57

CONTRACT AND OTHER DEFERRED A_4

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME - Schedule of Contract Assets (Details) - USD ($) $ in Millions		Sep. 30, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contract and other deferred assets		$ 17,133	$ 17,431
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Contract and other deferred assets	[1]	17,166	17,431
Operating Segments | GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		10,573	10,880
Deferred inventory costs		3,186	3,309
Nonrecurring engineering costs		2,257	2,095
Customer advances and other		1,118	1,146
Contract and other deferred assets		17,133	17,431
Operating Segments | GE | Service agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings		10,247	10,780
Billings in excess of revenues		(4,853)	(4,989)
Operating Segments | GE | Service agreements | Long-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		5,394	5,790
Operating Segments | GE | Service agreements | Short-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		804	690
Operating Segments | GE | Equipment contract revenue
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		4,374	4,400
Operating Segments | GE | Power
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		6,628	6,603
Deferred inventory costs		904	1,003
Nonrecurring engineering costs		42	43
Customer advances and other		1	0
Contract and other deferred assets		7,576	7,650
Operating Segments | GE | Power | Service agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings		5,346	5,368
Billings in excess of revenues		(1,560)	(1,693)
Operating Segments | GE | Power | Service agreements | Long-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		3,787	3,675
Operating Segments | GE | Power | Service agreements | Short-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		172	167
Operating Segments | GE | Power | Equipment contract revenue
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		2,670	2,761
Operating Segments | GE | Aviation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		2,042	2,468
Deferred inventory costs		357	673
Nonrecurring engineering costs		2,107	1,916
Customer advances and other		1,149	1,146
Contract and other deferred assets		5,655	6,204
Operating Segments | GE | Aviation | Service agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings		4,901	5,412
Billings in excess of revenues		(3,293)	(3,297)
Operating Segments | GE | Aviation | Service agreements | Long-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		1,607	2,115
Operating Segments | GE | Aviation | Service agreements | Short-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		343	272
Operating Segments | GE | Aviation | Equipment contract revenue
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		93	80
Operating Segments | GE | Renewable Energy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		1,288	1,174
Deferred inventory costs		1,574	1,267
Nonrecurring engineering costs		62	85
Customer advances and other		0	0
Contract and other deferred assets		2,924	2,525
Operating Segments | GE | Renewable Energy | Service agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings		0	0
Billings in excess of revenues		0	0
Operating Segments | GE | Renewable Energy | Service agreements | Long-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		0	0
Operating Segments | GE | Renewable Energy | Service agreements | Short-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		0	0
Operating Segments | GE | Renewable Energy | Equipment contract revenue
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		1,288	1,174
Operating Segments | GE | Healthcare and Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		614	635
Deferred inventory costs		351	365
Nonrecurring engineering costs		45	51
Customer advances and other		(32)	0
Contract and other deferred assets		978	1,052
Operating Segments | GE | Healthcare and Other | Service agreements
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings		0	0
Billings in excess of revenues		0	0
Operating Segments | GE | Healthcare and Other | Service agreements | Long-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		0	0
Operating Segments | GE | Healthcare and Other | Service agreements | Short-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		290	251
Operating Segments | GE | Healthcare and Other | Equipment contract revenue
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets		$ 324	$ 384
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

CONTRACT AND OTHER DEFERRED A_5

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME - Progress Collections and Deferred Income (Details) - USD ($) $ in Millions		Sep. 30, 2019	Dec. 31, 2018
Capitalized Contract Cost [Line Items]
Total progress collections & deferred income		$ 19,041	$ 18,983
GE
Capitalized Contract Cost [Line Items]
Total progress collections & deferred income	[1]	19,245	19,239
Operating Segments | GE
Capitalized Contract Cost [Line Items]
Progress collections		15,794	15,758
Deferred income		3,450	3,480
Total progress collections & deferred income		19,245	19,239
Operating Segments | GE | Equipment
Capitalized Contract Cost [Line Items]
Progress collections		6,768	6,975
Operating Segments | GE | Other
Capitalized Contract Cost [Line Items]
Progress collections		9,026	8,783
Operating Segments | GE | Power
Capitalized Contract Cost [Line Items]
Progress collections		6,133	6,227
Deferred income		40	112
Total progress collections & deferred income		6,174	6,339
Operating Segments | GE | Power | Equipment
Capitalized Contract Cost [Line Items]
Progress collections		5,568	5,536
Operating Segments | GE | Power | Other
Capitalized Contract Cost [Line Items]
Progress collections		566	691
Operating Segments | GE | Aviation
Capitalized Contract Cost [Line Items]
Progress collections		4,795	4,148
Deferred income		1,447	1,338
Total progress collections & deferred income		6,241	5,486
Operating Segments | GE | Aviation | Equipment
Capitalized Contract Cost [Line Items]
Progress collections		95	114
Operating Segments | GE | Aviation | Other
Capitalized Contract Cost [Line Items]
Progress collections		4,700	4,034
Operating Segments | GE | Renewable Energy
Capitalized Contract Cost [Line Items]
Progress collections		4,402	4,883
Deferred income		290	260
Total progress collections & deferred income		4,692	5,143
Operating Segments | GE | Renewable Energy | Equipment
Capitalized Contract Cost [Line Items]
Progress collections		1,105	1,325
Operating Segments | GE | Renewable Energy | Other
Capitalized Contract Cost [Line Items]
Progress collections		3,297	3,557
Operating Segments | GE | Healthcare and Other
Capitalized Contract Cost [Line Items]
Progress collections		464	500
Deferred income		1,673	1,770
Total progress collections & deferred income		2,137	2,271
Operating Segments | GE | Healthcare and Other | Equipment
Capitalized Contract Cost [Line Items]
Progress collections		0	0
Operating Segments | GE | Healthcare and Other | Other
Capitalized Contract Cost [Line Items]
Progress collections		$ 464	$ 500
[1]	Represents the adding together of all affiliated companies except GE Capital, which is presented on a one-line basis. See Note 1.

BORROWINGS - Schedule of Borrow

BORROWINGS - Schedule of Borrowings (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Total borrowings	$ 93,244	$ 103,599
Short-term borrowings
Short-term borrowings	17,046	12,776
Eliminations	(3,842)	(4,262)
Long-term borrowings
Borrowings	74,701	88,949
Eliminations	(17,255)	(19,892)
GE
Short-term borrowings
Short-term borrowings	12,775	9,354
Long-term borrowings
Borrowings	41,311	52,858
GE | Senior notes
Long-term borrowings
Borrowings	14,690	20,387
GE | Senior notes assumed by GE
Long-term borrowings
Borrowings	23,384	29,218
GE | Subordinated notes assumed by GE
Long-term borrowings
Borrowings	2,820	2,836
GE | Other
Long-term borrowings
Borrowings	418	417
GE | Commercial paper
Short-term borrowings
Short-term borrowings	2,997	3,005
GE | Current portion of long-term borrowings
Short-term borrowings
Short-term borrowings	764	60
GE | Current portion of long-term borrowings assumed by GE
Short-term borrowings
Short-term borrowings	7,310	4,207
GE | Other
Short-term borrowings
Short-term borrowings	1,703	2,081
GE Capital
Short-term borrowings
Short-term borrowings	8,113	7,684
Long-term borrowings
Borrowings	50,645	55,982
GE Capital | Senior notes
Long-term borrowings
Borrowings	32,537	35,105
GE Capital | Subordinated notes assumed by GE
Long-term borrowings
Borrowings	199	165
GE Capital | Intercompany payable to GE
Long-term borrowings
Borrowings	17,255	19,828
GE Capital | Other
Long-term borrowings
Borrowings	654	885
GE Capital | Non-recourse borrowings of consolidated securitization entities
Long-term borrowings
Borrowings	1,498	1,875
GE Capital | Current portion of long-term borrowings
Short-term borrowings
Short-term borrowings	4,601	3,984
GE Capital | Intercompany payable to GE
Short-term borrowings
Short-term borrowings	2,990	2,684
GE Capital | Other
Short-term borrowings
Short-term borrowings	$ 522	$ 1,015

BORROWINGS - Narrative (Details

BORROWINGS - Narrative (Details) € in Millions, $ in Millions	Sep. 30, 2019USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2019EUR (€)
GE Capital
Guarantor Obligations [Line Items]
Receivable from related parties	$ 20,244	$ 20,244
GE
Guarantor Obligations [Line Items]
Total borrowings	33,842	33,842
GE | GE Issued Borrowings
Guarantor Obligations [Line Items]
Total borrowings	20,572	20,572
GE | Intercompany Loan | GE Capital
Guarantor Obligations [Line Items]
Total borrowings	13,269	13,269
Short-term borrowings	4,320	4,320
Long-term borrowings	8,949	8,949
Repayment of intercompany loans		480
GE Capital | Non-recourse borrowings of consolidated securitization entities
Guarantor Obligations [Line Items]
Debt assumed by GE upon merger	34,807	34,807
GE Capital | GE Capital Exit Plan
Guarantor Obligations [Line Items]
Total borrowings	33,514	33,514
Short-term borrowings	7,310	7,310
Long-term borrowings	26,204	26,204
Senior notes | Notes Repurchased
Guarantor Obligations [Line Items]
Total borrowings	4,787	4,787
Principal amount purchased	4,846	4,846
Consideration paid for debt purchase	5,031	5,031
Loss on repurchase of debt	255
Accrued fees and other costs	12	12
Senior notes | Senior Unsecured Notes due 2044
Guarantor Obligations [Line Items]
Principal amount purchased	$ 1,250	$ 1,250
Interest rate	4.50%	4.50%	4.50%
Senior notes | Senior Unsecured Notes due 2042
Guarantor Obligations [Line Items]
Principal amount purchased	$ 1,144	$ 1,144
Interest rate	4.125%	4.125%	4.125%
Senior notes | Senior Unsecured Notes due 2037
Guarantor Obligations [Line Items]
Principal amount purchased	$ 1,101	$ 1,101	€ 992
Interest rate	2.125%	2.125%	2.125%
Senior notes | Senior Unsecured Notes due 2029
Guarantor Obligations [Line Items]
Principal amount purchased	$ 870	$ 870	€ 784
Interest rate	1.50%	1.50%	1.50%
Senior notes | Senior Unsecured Notes due 2027
Guarantor Obligations [Line Items]
Principal amount purchased	$ 415	$ 415	€ 374
Interest rate	1.875%	1.875%	1.875%
Senior notes | Senior Unsecured Notes due 2023
Guarantor Obligations [Line Items]
Principal amount purchased	$ 66	$ 66	€ 59
Interest rate	1.25%	1.25%	1.25%

INSURANCE LIABILITIES AND ANN_3

INSURANCE LIABILITIES AND ANNUITY BENEFITS - Schedule of Investment Contracts, Insurance Liabilities and Insurance Annuity Benefits (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Liability for Claims and Claims Adjustment Expense [Line Items]
Future policy benefit reserves	$ 32,433	$ 27,940
Claim reserves	5,520	5,324
Investment contracts	2,239	2,388
Unearned premiums and other	358	342
Future policy benefit reserves, investment contracts, claim reserves and unearned premiums and other	40,550	35,994
Eliminations	(466)	(432)
Total	40,084	35,562
Other adjustments	5,903	2,247
Long-term care insurance contracts
Liability for Claims and Claims Adjustment Expense [Line Items]
Future policy benefit reserves	16,770	16,029
Claim reserves	4,130	3,917
Investment contracts	0	0
Unearned premiums and other	28	34
Future policy benefit reserves, investment contracts, claim reserves and unearned premiums and other	20,928	19,980
Total	20,928	19,980
Structured settlement annuities & life insurance contracts
Liability for Claims and Claims Adjustment Expense [Line Items]
Future policy benefit reserves	9,578	9,495
Claim reserves	236	230
Investment contracts	1,165	1,239
Unearned premiums and other	198	205
Future policy benefit reserves, investment contracts, claim reserves and unearned premiums and other	11,177	11,169
Total	11,177	11,169
Other contracts
Liability for Claims and Claims Adjustment Expense [Line Items]
Future policy benefit reserves	182	169
Claim reserves	1,154	1,178
Investment contracts	1,074	1,149
Unearned premiums and other	132	103
Future policy benefit reserves, investment contracts, claim reserves and unearned premiums and other	2,542	2,599
Eliminations	(466)	(432)
Total	$ 2,076	$ 2,167

INSURANCE LIABILITIES AND ANN_4

INSURANCE LIABILITIES AND ANNUITY BENEFITS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Dec. 31, 2018
Insurance [Abstract]
Premium deficiency	$ 972
Adverse impact on reserve margin	$ 1,344	$ 1,344		$ 1,344
Market interest rate decline	0.60%			1.30%
Discount rate assumption, weighted average rate	5.74%	5.74%	6.04%	5.74%
Favorable impact to reserve margin		$ 263
Previously approved rate increase actions		200
Anticipated future premium increases or benefit reductions		2,000
Increase of anticipated future premium increases or benefit reductions		300
Claims incurred		1,410	$ 1,641
Recognition of prior year claims		(16)	1
Paid claims		1,237	$ 1,499
Reinsurance recoverables, net	$ 2,365	$ 2,365		$ 2,365	$ 2,271

POSTRETIREMENT BENEFIT PLANS -

POSTRETIREMENT BENEFIT PLANS - Narrative (Details) $ in Millions	Jan. 01, 2021USD ($)employee	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)	Oct. 31, 2019employee
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan costs			$ 83	$ 104	$ 274	$ 320
Other pension plans
Defined Benefit Plan Disclosure [Line Items]
Threshold to be included in other pension plans			50		50
Plans cost (income)			(17)	(31)	(13)	(85)
Principal retiree benefit plans
Defined Benefit Plan Disclosure [Line Items]
Plans cost (income)			31	17	122	58
Curtailment gain (loss)					33
Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Plans cost (income)			816	1,124	2,509	3,218
Curtailment gain (loss)			$ 0	$ (46)	$ (51)	$ (46)
GE Pension Plan | Subsequent Event | Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Number of former employees eligible for lump-sum payment option | employee							100,000
Forecast | Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Increase in projected benefit obligation, net actuarial loss		$ 5,000
Increase in non-operating benefit costs		600
Forecast | GE Pension Plan | Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Curtailment gain (loss)		$ (300)
Frozen benefit plan, number of salaried employees | employee	20,000
Forecast | GE Supplementary Pension Plan | Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Frozen benefit plan, number of executive employees | employee	700
Reduction of projected benefit obligation due to plan amendment	$ 300

POSTRETIREMENT BENEFIT PLANS _2

POSTRETIREMENT BENEFIT PLANS - Effect on Operations of Pension Plans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	$ 154	$ 232	$ 472	$ 667
Prior service cost (credit) amortization	34	36	101	108
Expected return on plan assets	(863)	(803)	(2,588)	(2,443)
Interest cost on benefit obligations	724	666	2,173	1,999
Net actuarial loss amortization	767	947	2,300	2,841
Curtailment loss	0	46	51	46
Plans cost (income)	816	1,124	2,509	3,218
Other pension plans
Defined Benefit Plan Disclosure [Line Items]
Service cost for benefits earned	61	85	197	279
Prior service cost (credit) amortization	1	(2)	2	(4)
Expected return on plan assets	(316)	(342)	(945)	(1,059)
Interest cost on benefit obligations	154	150	467	462
Net actuarial loss amortization	83	78	250	243
Settlement/curtailment loss (gain)	0	0	16	(6)
Plans cost (income)	$ (17)	$ (31)	$ (13)	$ (85)

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	1 Months Ended	9 Months Ended
	Jun. 30, 2019	Sep. 30, 2019	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Effective income tax rate		0.20%	(2.20%)
Continuing Operations
Income Tax Contingency [Line Items]
Tax benefit	$ 378
Net interest benefits	107
Continuing Operations | GE Capital
Income Tax Contingency [Line Items]
Tax benefit	23
Net interest benefits	9
Continuing Operations | GE
Income Tax Contingency [Line Items]
Tax benefit	355
Net interest benefits	98
Discontinued Operations | GE Capital
Income Tax Contingency [Line Items]
Tax benefit	332
Net interest benefits	$ 46

SHAREOWNERS' EQUITY - Schedule

SHAREOWNERS' EQUITY - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance				$ 51,481
Other comprehensive income (loss)		$ 1,433	$ 164	3,010	$ 1,082
Ending balance	[1]	29,153	47,837	29,153	47,837
Accumulated other comprehensive income (loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		(12,852)	(13,432)	(14,414)	(14,404)
Ending balance		(11,361)	(13,229)	(11,361)	(13,229)
Investment securities including noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		59	21	(39)	(102)
Other comprehensive income (loss) before reclassifications		30	(74)	151	66
Other comprehensive income (loss) before reclassifications, deferred taxes		15	(22)	30	26
Reclassifications from other comprehensive income		(12)	17	(35)	1
Reclassifications from other comprehensive income, deferred taxes		(3)	5	(9)	3
Other comprehensive income (loss)		18	(57)	116	67
Investment securities attributable to noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		0	0	0	1
Investment securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		18	(56)	116	67
Ending balance		77	(36)	77	(36)
Currency translation adjustments including noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		(5,874)	(5,446)	(6,134)	(4,661)
Other comprehensive income (loss) before reclassifications		(189)	(639)	(191)	(1,856)
Other comprehensive income (loss) before reclassifications, deferred taxes		(12)	(24)	27	17
Reclassifications from other comprehensive income		951	7	1,234	385
Reclassifications from other comprehensive income, deferred taxes		(5)	(1)	(9)	(1)
Other comprehensive income (loss)		762	(632)	1,043	(1,471)
Currency translation adjustments attributable to noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		(63)	(38)	(41)	(93)
Currency translation adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		824	(595)	1,084	(1,379)
Ending balance		(5,050)	(6,040)	(5,050)	(6,040)
Cash flow hedges including noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		26	36	13	62
Other comprehensive income (loss) before reclassifications		(30)	(8)	(43)	(35)
Other comprehensive income (loss) before reclassifications, deferred taxes		(4)	2	(1)	(6)
Reclassifications from other comprehensive income		28	(1)	56	0
Reclassifications from other comprehensive income, deferred taxes		6	2	7	9
Other comprehensive income (loss)		(2)	(9)	13	(35)
Cash flow hedges attributable to noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		1	(1)	2	0
Cash flow hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		(2)	(8)	11	(35)
Ending balance		24	27	24	27
Benefit plans including noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		(7,063)	(8,043)	(8,254)	(9,702)
Other comprehensive income (loss) before reclassifications		39	73	(72)	199
Other comprehensive income (loss) before reclassifications, deferred taxes		1	16	36	71
Reclassifications from other comprehensive income		616	789	1,910	2,322
Reclassifications from other comprehensive income, deferred taxes		170	230	517	666
Other comprehensive income (loss)		655	862	1,838	2,521
Benefit plans attributable to noncontrolling interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		4	0	(4)	0
Benefit plans
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		650	863	1,842	2,521
Ending balance		$ (6,412)	$ (7,181)	$ (6,412)	$ (7,181)
[1]	Total equity balance decreased by $(18,684) million in the last twelve months from September 30, 2018, primarily due to reduction of non-controlling interest balance of $(15,192) million attributable to Baker Hughes Class A shareholders at September 30, 2018 and after-tax loss of $(8,190) million in discontinued operations due to deconsolidation of Baker Hughes in the third quarter of 2019, partially offset by after-tax gain of $2,508 million

SHAREOWNERS' EQUITY - Narrative

SHAREOWNERS' EQUITY - Narrative (Details) shares in Millions, $ in Millions	Aug. 31, 2019	Oct. 02, 2018USD ($)joint_venture	Sep. 30, 2019USD ($)shares	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)	Oct. 01, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2016USD ($)
Class of Stock [Line Items]
Adjustments to investment securities before reclassifications				$ (877)	$ 234	$ (2,888)	$ 1,705
Currency translation gains and losses in earnings (loss) from discontinued operations						1,079
Preferred stock issued			$ 6	6	6	6	6		$ 6
Noncontrolling interests			1,219	1,219	16,383	1,219	16,383		20,500
Net earnings attributable to noncontrolling interests				39	54	41	105
Dividends received attributable to noncontrolling interests				(110)	(96)	(325)	(260)
Redeemable noncontrolling interests			$ 408	$ 408		408			378
Net earnings (loss) attributable to redeemable noncontrolling interests					(144)	$ 32	(293)
Number of joint ventures formed | joint_venture		3
Grid Technology Joint Venture
Class of Stock [Line Items]
Amount to be paid to exercise redemption rights		$ 3,105
Baker Hughes
Class of Stock [Line Items]
Ownership interest (as a percent)			36.80%	36.80%		36.80%
Baker Hughes | Class A
Class of Stock [Line Items]
Noncontrolling interests			$ 0	$ 0		$ 0			$ 19,239
GE
Class of Stock [Line Items]
Preferred stock issued			5,695	5,695		5,695
Preferred stock dividends				42	$ 39	270	260
Cash dividends						147	$ 147
GE | Subsequent Event
Class of Stock [Line Items]
Preferred stock issued								$ 5,944
GE | Series D Preferred Stock
Class of Stock [Line Items]
Preferred stock issued			$ 5,694	$ 5,694		$ 5,694				$ 5,694
GE | Series A, B and C Preferred Stock
Class of Stock [Line Items]
Preferred stock, value outstanding										$ 250
Discontinued Operations | Baker Hughes disposal group | Baker Hughes
Class of Stock [Line Items]
Sale of shares | shares			144.1
Ownership interest (as a percentage)	50.20%
Ownership interest (as a percent)			36.80%	36.80%		36.80%

EARNINGS PER SHARE INFORMATIO_2

EARNINGS PER SHARE INFORMATION (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Diluted
Earnings from continuing operations for per-share calculation	$ (1,283)	$ (22,920)	$ (438)	$ (21,694)
Preferred stock dividends	(42)	(39)	(270)	(260)
Earnings from continuing operations attributable to common shareowners for per-share calculation	(1,325)	(22,959)	(708)	(21,954)
Earnings (loss) from discontinued operations for per-share calculation	(8,140)	144	(5,270)	(1,437)
Net earnings (loss) attributable to GE common shareowners for per-share calculation	$ (9,465)	$ (22,812)	$ (5,977)	$ (23,383)
Shares of GE common stock outstanding (in shares)	8,730	8,694	8,721	8,689
Employee compensation-related shares (including stock options) (in shares)	0	0	0	0
Total average equivalent shares (in shares)	8,730	8,694	8,721	8,689
Earnings per share from continuing operations (in dollars per share)	$ (0.15)	$ (2.64)	$ (0.08)	$ (2.53)
Earnings (loss) per share from discontinued operations (in dollars per share)	(0.93)	0.02	(0.60)	(0.17)
Net earnings (loss) per share (in dollars per share)	$ (1.08)	$ (2.62)	$ (0.69)	$ (2.69)
Basic
Earnings from continuing operations for per-share calculation	$ (1,283)	$ (22,920)	$ (438)	$ (21,694)
Preferred stock dividends	(42)	(39)	(270)	(260)
Earnings from continuing operations attributable to common shareowners for per-share calculation	(1,325)	(22,959)	(708)	(21,955)
Earnings (loss) from discontinued operations for per-share calculation	(8,140)	144	(5,270)	(1,437)
Net earnings (loss) attributable to GE common shareowners for per-share calculation	$ (9,465)	$ (22,812)	$ (5,977)	$ (23,383)
Shares of GE common stock outstanding (in shares)	8,730	8,694	8,721	8,689
Employee compensation-related shares (including stock options) (in shares)	0	0	0	0
Total average equivalent shares (in shares)	8,730	8,694	8,721	8,689
Earnings per share from continuing operations (in dollars per share)	$ (0.15)	$ (2.64)	$ (0.08)	$ (2.53)
Earnings (loss) per share from discontinued operations (in dollars per share)	(0.93)	0.02	(0.60)	(0.17)
Net earnings (loss) per share (in dollars per share)	$ (1.08)	$ (2.62)	$ (0.69)	$ (2.69)
Potentially dilutive securities	453	424	462	410

FINANCIAL INSTRUMENTS - Assets

FINANCIAL INSTRUMENTS - Assets and Liabilities Not Carried at Fair Value (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Liabilities
Decrease in fair value of borrowings	$ 1,710	$ 1,300
Carrying amount (net)
Assets
Loans and other receivables	4,540	8,811
Liabilities
Borrowings (Note 11)	93,244	103,599
Investment contracts (Note 12)	2,239	2,388
Estimated fair value
Assets
Loans and other receivables	4,638	8,829
Liabilities
Borrowings (Note 11)	98,246	100,492
Investment contracts (Note 12)	2,653	2,630
Accrued interest	$ 1,017	$ 1,324

FINANCIAL INSTRUMENTS - Derivat

FINANCIAL INSTRUMENTS - Derivatives and Hedging, Narrative (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Derivative [Line Items]
Total gross notional amount	$ 96,690,000,000	$ 117,104,000,000
Excess cash collateral received	51,000,000	3,000,000
Excess cash collateral posted	786,000,000	439,000,000
Excess securities collateral received	18,000,000	0
GE
Derivative [Line Items]
Total gross notional amount	38,019,000,000	38,022,000,000
GE Capital
Derivative [Line Items]
Total gross notional amount	$ 58,671,000,000	$ 79,082,000,000

FINANCIAL INSTRUMENTS - Fair Va

FINANCIAL INSTRUMENTS - Fair Value of Derivatives (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Derivative [Line Items]
Gross Notional	$ 96,690	$ 117,104
All other assets
Gross derivatives	2,632	2,205
Netting and credit adjustments	(674)	(959)
Cash collateral adjustments	(1,226)	(1,042)
Net derivatives recognized in statement of financial position	732	205
Net accrued interest	152	205
Securities held as collateral	(567)	(235)
Net amount	317	174
All other liabilities
Gross derivatives	1,146	1,820
Netting and credit adjustments	(678)	(967)
Cash collateral adjustments	(202)	(267)
Net derivatives recognized in statement of financial position	266	586
Net accrued interest	4	1
Securities held as collateral	0	0
Net amount	270	587
Derivatives accounted for as hedges
Derivative [Line Items]
Gross Notional	30,480	30,758
All other assets
Gross derivatives	1,993	1,511
All other liabilities
Gross derivatives	109	138
Derivatives accounted for as hedges | Interest rate contracts
Derivative [Line Items]
Gross Notional	23,819	22,904
All other assets
Gross derivatives	1,904	1,335
All other liabilities
Gross derivatives	11	23
Derivatives accounted for as hedges | Currency exchange contracts
Derivative [Line Items]
Gross Notional	6,661	7,854
All other assets
Gross derivatives	89	175
All other liabilities
Gross derivatives	98	114
Derivatives not accounted for as hedges
Derivative [Line Items]
Gross Notional	66,210	86,346
All other assets
Gross derivatives	639	695
All other liabilities
Gross derivatives	1,037	1,682
Derivatives not accounted for as hedges | Interest rate contracts
Derivative [Line Items]
Gross Notional	3,413	6,198
All other assets
Gross derivatives	28	28
All other liabilities
Gross derivatives	3	2
Derivatives not accounted for as hedges | Currency exchange contracts
Derivative [Line Items]
Gross Notional	61,050	77,544
All other assets
Gross derivatives	543	653
All other liabilities
Gross derivatives	953	1,472
Derivatives not accounted for as hedges | Other contracts
Derivative [Line Items]
Gross Notional	1,746	2,604
All other assets
Gross derivatives	67	13
All other liabilities
Gross derivatives	$ 82	$ 209

FINANCIAL INSTRUMENTS - Fair _2

FINANCIAL INSTRUMENTS - Fair Value Hedges (Details) - USD ($) $ in Millions	Sep. 30, 2019	Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Cumulative amount of fair value hedging adjustments	$ 5,118	$ 2,847
Cumulative amount of fair value hedging on discontinued hedging relationships	2,484	2,844
Hedged liability	$ 57,017	$ 61,292

FINANCIAL INSTRUMENTS - Cash Fl

FINANCIAL INSTRUMENTS - Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gain (loss) recognized in AOCI	$ (21)	$ (5)	$ (24)	$ (25)
Gain (loss) reclassified from AOCI into earnings	$ (34)	$ (1)	(63)	$ (9)
Pre-tax gain included in AOCI related to cash flow hedges of forecasted transactions			64
Amount of loss expected to be transferred to earnings as an expense			$ 58
Maximum term of hedged forecasted transactions			13 years	14 years

FINANCIAL INSTRUMENTS - Net Inv

FINANCIAL INSTRUMENTS - Net Investment Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Derivative [Line Items]
Gain (loss) recognized in AOCI on hedging instruments	$ 213	$ (62)	$ 231	$ 144
Reclassified from AOCI into earnings	338	(7)	344	(7)
Net Investment Hedges
Derivative [Line Items]
Gain (loss) excluded from assessment recognized in earnings	6	6	22	14
Currency exchange contracts
Derivative [Line Items]
Gain (loss) recognized in AOCI on hedging instruments	32	18	7	100
Foreign currency debt
Derivative [Line Items]
Gain (loss) recognized in AOCI on hedging instruments	181	(79)	225	43
Carrying value designated as net investment hedges	$ 9,119	$ 12,894	$ 9,119	$ 12,894

FINANCIAL INSTRUMENTS - Effects

FINANCIAL INSTRUMENTS - Effects of Derivative Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Revenues	$ 23,360	$ 23,392	$ 68,976	$ 70,513
Cost of sales	17,328	17,847	50,949	52,244
Interest and other financial charges	1,279	1,155	3,272	3,585
SG&A	3,293	4,100	10,120	11,013
Other income	158	279	1,170	1,388
Total effect of cash flow hedges	(34)	(1)	(63)	(9)
Revenues
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total effect of cash flow hedges	(24)	8	(18)	4
Fair Value Hedges
Total effect of derivatives not designated as hedges	(109)	(426)	(62)	(967)
Cost of sales
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total effect of cash flow hedges	(1)	1	(14)	17
Fair Value Hedges
Total effect of derivatives not designated as hedges	(8)	(240)	(29)	(484)
Interest Expense
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total effect of cash flow hedges	(8)	(10)	(27)	(30)
Fair Value Hedges
Hedged items	(1,000)	333	(2,186)	1,200
Derivatives designated as hedging instruments	1,011	(362)	2,172	(1,285)
Total effect of fair value hedges	10	(29)	(14)	(85)
Total effect of derivatives not designated as hedges	(74)	38	(89)	27
SG&A
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total effect of cash flow hedges	(2)	0	(3)	0
Fair Value Hedges
Total effect of derivatives not designated as hedges	60	0	(2)	0
Other Income
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total effect of cash flow hedges	0	0	0	0
Fair Value Hedges
Hedged items
Derivatives designated as hedging instruments
Total effect of fair value hedges
Total effect of derivatives not designated as hedges	(18)	(32)	(42)	(8)
Interest rate contracts | Revenues
Fair Value Hedges
Total effect of derivatives not designated as hedges	0	(11)	(36)	(46)
Interest rate contracts | Cost of sales
Fair Value Hedges
Total effect of derivatives not designated as hedges	0	0	0	0
Interest rate contracts | Interest Expense
Fair Value Hedges
Total effect of derivatives not designated as hedges	0	0	0	0
Interest rate contracts | SG&A
Fair Value Hedges
Total effect of derivatives not designated as hedges	0	0	0	0
Interest rate contracts | Other Income
Fair Value Hedges
Total effect of derivatives not designated as hedges	0	0	0	0
Currency exchange contracts | Revenues
Fair Value Hedges
Total effect of derivatives not designated as hedges	(108)	(415)	(25)	(921)
Currency exchange contracts | Cost of sales
Fair Value Hedges
Total effect of derivatives not designated as hedges	(8)	(240)	(29)	(484)
Currency exchange contracts | Interest Expense
Fair Value Hedges
Total effect of derivatives not designated as hedges	(73)	0	(212)	0
Currency exchange contracts | SG&A
Fair Value Hedges
Total effect of derivatives not designated as hedges	60	0	(2)	0
Currency exchange contracts | Other Income
Fair Value Hedges
Total effect of derivatives not designated as hedges	(28)	(10)	(52)	(6)
Other | Revenues
Fair Value Hedges
Total effect of derivatives not designated as hedges	(1)	0	(1)	(1)
Other | Cost of sales
Fair Value Hedges
Total effect of derivatives not designated as hedges	0	0	0	0
Other | Interest Expense
Fair Value Hedges
Total effect of derivatives not designated as hedges	0	38	123	27
Other | SG&A
Fair Value Hedges
Total effect of derivatives not designated as hedges	0	0	0	0
Other | Other Income
Fair Value Hedges
Total effect of derivatives not designated as hedges	$ 9	$ (22)	$ 10	$ (2)

FINANCIAL INSTRUMENTS - Counter

FINANCIAL INSTRUMENTS - Counterparty Credit Risk (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Derivative [Line Items]
Net amount	$ 270	$ 587
Counterparty Credit Risk
Derivative [Line Items]
Exposure to counterparties including interest net collateral, excluding embedded derivatives	227	95
Net amount	$ 250	$ 571

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details)	9 Months Ended
	Sep. 30, 2019USD ($)entity	Dec. 31, 2018USD ($)
Consolidated VIE
Variable Interest Entity [Line Items]
Assets	$ 1,539,000,000	$ 2,321,000,000
Liabilities	1,007,000,000	1,611,000,000
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Investments in unconsolidated VIEs	1,859,000,000	2,346,000,000
Additional investments	579,000,000
Unconsolidated VIEs | EFS
Variable Interest Entity [Line Items]
Investments in unconsolidated VIEs	837,000,000	1,670,000,000
Unconsolidated VIEs | Insurance
Variable Interest Entity [Line Items]
Investments in unconsolidated VIEs	525,000,000	$ 0
Additional investments	$ 483,000,000
GE Capital | Consolidated VIE
Variable Interest Entity [Line Items]
Number of VIEs | entity	3

COMMITMENTS, GUARANTEES, PROD_3

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Commitments (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)aircraft
GE Capital | Investment Commitments
Long-term Purchase Commitment [Line Items]
Commitments	$ 2,614
GE Capital | Thermal And Wind Energy Projects
Long-term Purchase Commitment [Line Items]
Commitments	1,395
GE Capital | Run-off Insurance Operations
Long-term Purchase Commitment [Line Items]
Commitments	1,189
GECAS | Aircraft with GE Engines
Long-term Purchase Commitment [Line Items]
Long-term purchase commitments	33,153
Advances for pre-delivery payments	$ 3,064
GECAS | New Aircraft
Long-term Purchase Commitment [Line Items]
Number of aircrafts for delivery | aircraft	369
Percentage of aircrafts to be delivered	6.00%
Percentage of aircrafts to be delivered in second year	18.00%
Percentage of aircrafts to be delivered in third year and thereafter	76.00%
GECAS | Used Aircraft
Long-term Purchase Commitment [Line Items]
Long-term purchase commitments	$ 2,317
Number of aircrafts for delivery | aircraft	57
Percentage of aircrafts to be delivered	28.00%
Percentage of aircrafts to be delivered in second year	47.00%
Percentage of aircrafts to be delivered in third year and thereafter	25.00%
Aviation
Long-term Purchase Commitment [Line Items]
Financial assistance commitment	$ 2,318

COMMITMENTS, GUARANTEES, PROD_4

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Guarantees (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Guarantor Obligations [Line Items]
Liability for indemnification agreements	$ 17,026	$ 20,008
Credit support
Guarantor Obligations [Line Items]
Commitments	1,637
Liability	40
Indemnification agreements
Guarantor Obligations [Line Items]
Commitments	1,654
Liability for indemnification agreements	139
Indemnification agreements - discontinued operations
Guarantor Obligations [Line Items]
Liability	148
Indemnification agreements - discontinued operations | Maximum
Guarantor Obligations [Line Items]
Commitments	$ 1,136

COMMITMENTS, GUARANTEES, PROD_5

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Schedule of Product Warranties (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Movement in Standard Product Warranty Accrual
Balance at January 1	$ 2,193	$ 2,103
Current-year provisions	527	722
Expenditures	(525)	(597)
Other changes	34	7
Balance as of September 30	$ 2,229	$ 2,236

COMMITMENTS, GUARANTEES, PROD_6

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - WMC Legal Matters (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Apr. 30, 2019	Sep. 30, 2019
WMC Bankruptcy Case | GE Capital
Loss Contingencies [Line Items]
Estimated litigation settlement		$ 67
Estimated liability		$ 211
Violation of FIRREA by WMC and GE Capital
Loss Contingencies [Line Items]
Amount paid	$ 1,500
Violation of FIRREA by WMC and GE Capital | GE Capital
Loss Contingencies [Line Items]
Debtor-in-possession financing, amount arranged	$ 25

COMMITMENTS, GUARANTEES, PROD_7

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Alston Legacy Matters (Details) - Alstom Legacy Matters € in Millions, $ in Millions	Nov. 02, 2015USD ($)significant_case	Dec. 31, 2014USD ($)	Jan. 31, 2007EUR (€)	Sep. 30, 2019USD ($)
Loss Contingencies [Line Items]
Number of significant cases involving anti-competitive activities and improper payments | significant_case	2
Fine for participating in gas insulated switchgear cartel | €			€ 65
Reduced fine | €			€ 59
Criminal penalty paid | $		$ 772
Reserve established for legal and compliance matters | $	$ 858			$ 859

CASH FLOWS INFORMATION (Details

CASH FLOWS INFORMATION (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Sep. 30, 2018
All other operating activities
All other operating activities		$ 1,606	$ (908)
All other investing activities
All other investing activities		1,165	7,480
All other financing activities
All other financing activities		(1,128)	(1,659)
GE
All other operating activities
Increase (decrease) in employee benefit liabilities		(373)	41
Other gains on investing activities		232	(434)
Restructuring and other charges		763	1,651
Restructuring and other cash expenditures		(854)	(975)
Increase (decrease) in equipment project accruals		(76)	(785)
Baker Hughes Class B dividends received		282	399
Other		580	(434)
All other operating activities		554	(537)
All other investing activities
Derivative settlements, net		9	(490)
Investments in intangible assets, net		(17)	(472)
Sales of retained ownership interests in Wabtec		3,383	0
Other		29	138
All other investing activities		3,404	(824)
All other financing activities
Disposition of Baker Hughes noncontrolling interests		0	638
Acquisition of noncontrolling interests		(28)	(240)
Other		(320)	34
All other financing activities		$ (348)	$ 432
Debt tender expenditures	$ (244)

INTERCOMPANY TRANSACTIONS (Deta

INTERCOMPANY TRANSACTIONS (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Related Party Transaction [Line Items]
Total cash from (used for) operating activities - continuing operations	$ 3,423	$ (4,334)
Total cash from (used for) investing activities - continuing operations	7,087	12,129
Total cash from (used for) financing activities - continuing operations	(13,721)	(22,224)
GE and GE Capital totals
Related Party Transaction [Line Items]
Total cash from (used for) operating activities - continuing operations	1,311	(3,962)
Total cash from (used for) investing activities - continuing operations	9,680	7,209
Total cash from (used for) financing activities - continuing operations	(14,201)	(17,677)
GE and GE Capital totals | Affiliated Entity | GE current receivables sold to GE Capital
Related Party Transaction [Line Items]
Total cash from (used for) operating activities - continuing operations	508	(161)
Total cash from (used for) investing activities - continuing operations	(1,167)	(1,016)
Total cash from (used for) financing activities - continuing operations	659	1,177
Cash payments received on deferred purchase price	268	3,905
GE and GE Capital totals | Affiliated Entity | GE long-term receivables sold to GE Capital
Related Party Transaction [Line Items]
Total cash from (used for) operating activities - continuing operations	340	851
Total cash from (used for) investing activities - continuing operations	(340)	(851)
GE and GE Capital totals | Affiliated Entity | Supply chain finance programs
Related Party Transaction [Line Items]
Total cash from (used for) operating activities - continuing operations	1,062	152
Total cash from (used for) investing activities - continuing operations	(1,062)	(152)
GE and GE Capital totals | Affiliated Entity | GE Capital long-term loans to GE
Related Party Transaction [Line Items]
Total cash from (used for) investing activities - continuing operations	(480)	6,479
Total cash from (used for) financing activities - continuing operations	480	(6,479)
GE and GE Capital totals | Affiliated Entity | Capital contribution from GE to GE Capital
Related Party Transaction [Line Items]
Total cash from (used for) investing activities - continuing operations	1,500	0
Total cash from (used for) financing activities - continuing operations	(1,500)	0
Other reclassifications and eliminations
Related Party Transaction [Line Items]
Total cash from (used for) operating activities - continuing operations	201	(1,214)
Total cash from (used for) investing activities - continuing operations	(1,043)	460
Total cash from (used for) financing activities - continuing operations	$ 842	$ 755

GUARANTOR FINANCIAL INFORMATI_3

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, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenues
Revenues	$ 23,360	$ 23,392	$ 68,976	$ 70,513
Costs and expenses
Interest and other financial charges	1,279	1,155	3,272	3,585
Other costs and expenses	23,488	45,478	67,296	89,634
Total costs and expenses	24,767	46,633	70,568	93,219
Other income (loss)	158	279	1,170	1,388
Equity in earnings (loss) of affiliates	0	0	0	0
Earnings (loss) from continuing operations before income taxes	(1,249)	(22,962)	(422)	(21,318)
Benefit (provision) for income taxes	(41)	(52)	1	(460)
Earnings (loss) from continuing operations	(1,290)	(23,014)	(421)	(21,777)
Earnings (loss) from discontinued operations, net of taxes	(8,093)	155	(5,212)	(1,526)
Net earnings (loss)	(9,383)	(22,859)	(5,634)	(23,304)
Less net earnings (loss) attributable to noncontrolling interests	40	(90)	73	(188)
Net earnings (loss) attributable to the Company	(9,423)	(22,769)	(5,707)	(23,116)
Other comprehensive income (loss)	1,491	203	3,053	1,174
Comprehensive income (loss) attributable to the Company	(7,931)	(22,566)	(2,654)	(21,941)
Goods and services
Revenues
Sales of goods and services	21,504	21,282	63,132	64,604
GE Capital revenues from services
Revenues
Revenues	1,856	2,110	5,845	5,909
Reportable Legal Entities | Parent Company Guarantor
Revenues
Revenues	7,169	7,301	19,993	21,127
Costs and expenses
Interest and other financial charges	634	451	1,278	1,281
Other costs and expenses	4,945	11,780	18,377	32,198
Total costs and expenses	5,580	12,231	19,654	33,479
Other income (loss)	1,320	1,193	(1,894)	2,450
Equity in earnings (loss) of affiliates	(4,476)	(11,235)	(4,430)	(11,761)
Earnings (loss) from continuing operations before income taxes	(1,567)	(14,971)	(5,985)	(21,663)
Benefit (provision) for income taxes	(386)	224	(673)	47
Earnings (loss) from continuing operations	(1,953)	(14,748)	(6,658)	(21,616)
Earnings (loss) from discontinued operations, net of taxes	683	39	951	(1,634)
Net earnings (loss)	(1,270)	(14,708)	(5,707)	(23,250)
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	(134)
Net earnings (loss) attributable to the Company	(1,270)	(14,708)	(5,707)	(23,116)
Other comprehensive income (loss)	1,491	203	3,053	1,174
Comprehensive income (loss) attributable to the Company	221	(14,505)	(2,654)	(21,941)
Reportable Legal Entities | Parent Company Guarantor | Goods and services
Revenues
Sales of goods and services	7,169	7,301	19,993	21,127
Reportable Legal Entities | Parent Company Guarantor | GE Capital revenues from services
Revenues
Revenues	0	0	0	0
Reportable Legal Entities | Subsidiary Issuer
Revenues
Revenues	245	237	724	678
Costs and expenses
Interest and other financial charges	272	236	744	671
Other costs and expenses	0	0	0	0
Total costs and expenses	272	236	744	672
Other income (loss)	0	0	0	0
Equity in earnings (loss) of affiliates	0	0	0	0
Earnings (loss) from continuing operations before income taxes	(27)	2	(20)	7
Benefit (provision) for income taxes	3	0	3	(1)
Earnings (loss) from continuing operations	(24)	1	(18)	6
Earnings (loss) from discontinued operations, net of taxes	0	0	0	0
Net earnings (loss)	(24)	1	(18)	6
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings (loss) attributable to the Company	(24)	1	(18)	6
Other comprehensive income (loss)	0	0	0	0
Comprehensive income (loss) attributable to the Company	(24)	1	(18)	6
Reportable Legal Entities | Subsidiary Issuer | Goods and services
Revenues
Sales of goods and services	0	0	0	0
Reportable Legal Entities | Subsidiary Issuer | GE Capital revenues from services
Revenues
Revenues	245	237	724	678
Reportable Legal Entities | Subsidiary Guarantor
Revenues
Revenues	(18)	300	68	852
Costs and expenses
Interest and other financial charges	356	725	1,068	1,889
Other costs and expenses	(38)	0	0	0
Total costs and expenses	318	725	1,068	1,889
Other income (loss)	0	0	0	0
Equity in earnings (loss) of affiliates	(37)	705	808	1,199
Earnings (loss) from continuing operations before income taxes	(373)	281	(192)	161
Benefit (provision) for income taxes	0	0	0	0
Earnings (loss) from continuing operations	(373)	281	(192)	161
Earnings (loss) from discontinued operations, net of taxes	40	18	42	(63)
Net earnings (loss)	(333)	298	(150)	98
Less net earnings (loss) attributable to noncontrolling interests	0	0	0	0
Net earnings (loss) attributable to the Company	(333)	298	(150)	98
Other comprehensive income (loss)	(1)	12	(1,105)	(42)
Comprehensive income (loss) attributable to the Company	(334)	310	(1,255)	56
Reportable Legal Entities | Subsidiary Guarantor | Goods and services
Revenues
Sales of goods and services	0	0	0	0
Reportable Legal Entities | Subsidiary Guarantor | GE Capital revenues from services
Revenues
Revenues	(18)	300	68	852
Reportable Legal Entities | Non- Guarantor Subsidiaries
Revenues
Revenues	33,519	32,895	101,747	100,263
Costs and expenses
Interest and other financial charges	148	553	899	2,041
Other costs and expenses	40,629	25,345	85,378	89,228
Total costs and expenses	40,777	25,898	86,276	91,269
Other income (loss)	4,458	1,217	12,588	3,883
Equity in earnings (loss) of affiliates	31,207	28,378	58,383	28,378
Earnings (loss) from continuing operations before income taxes	28,406	36,593	86,442	41,255
Benefit (provision) for income taxes	339	(536)	46	(1,098)
Earnings (loss) from continuing operations	28,745	36,057	86,489	40,157
Earnings (loss) from discontinued operations, net of taxes	0	0	0	1
Net earnings (loss)	28,745	36,057	86,489	40,158
Less net earnings (loss) attributable to noncontrolling interests	(7)	(81)	(3)	(202)
Net earnings (loss) attributable to the Company	28,752	36,138	86,492	40,360
Other comprehensive income (loss)	1,313	(751)	870	(2,381)
Comprehensive income (loss) attributable to the Company	30,064	35,387	87,362	37,978
Reportable Legal Entities | Non- Guarantor Subsidiaries | Goods and services
Revenues
Sales of goods and services	31,413	30,387	95,009	94,872
Reportable Legal Entities | Non- Guarantor Subsidiaries | GE Capital revenues from services
Revenues
Revenues	2,107	2,508	6,738	5,390
Consolidating Adjustments
Revenues
Revenues	(17,554)	(17,342)	(53,556)	(52,406)
Costs and expenses
Interest and other financial charges	(132)	(810)	(716)	(2,296)
Other costs and expenses	(22,048)	8,352	(36,458)	(31,793)
Total costs and expenses	(22,180)	7,542	(37,174)	(34,090)
Other income (loss)	(5,619)	(2,132)	(9,524)	(4,945)
Equity in earnings (loss) of affiliates	(26,695)	(17,849)	(54,761)	(17,816)
Earnings (loss) from continuing operations before income taxes	(27,688)	(44,866)	(80,667)	(41,078)
Benefit (provision) for income taxes	3	260	624	592
Earnings (loss) from continuing operations	(27,685)	(44,606)	(80,043)	(40,486)
Earnings (loss) from discontinued operations, net of taxes	(8,817)	98	(6,205)	170
Net earnings (loss)	(36,502)	(44,508)	(86,248)	(40,316)
Less net earnings (loss) attributable to noncontrolling interests	46	(9)	76	148
Net earnings (loss) attributable to the Company	(36,548)	(44,498)	(86,324)	(40,464)
Other comprehensive income (loss)	(1,312)	739	235	2,424
Comprehensive income (loss) attributable to the Company	(37,860)	(43,759)	(86,089)	(38,040)
Consolidating Adjustments | Goods and services
Revenues
Sales of goods and services	(17,077)	(16,407)	(51,871)	(51,395)
Consolidating Adjustments | GE Capital revenues from services
Revenues
Revenues	$ (477)	$ (936)	$ (1,685)	$ (1,011)

GUARANTOR FINANCIAL INFORMATI_4

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Financial Position (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Assets
Cash, cash equivalents and restricted cash	$ 27,810	$ 31,124	$ 22,054
Receivables - net	26,726	29,488
Investment in subsidiaries	0	0
All other assets	208,474	250,460
Total assets	263,009	311,072
Liabilities and equity
Short-term borrowings	17,046	12,776
Long-term and non-recourse borrowings	76,199	90,824
All other liabilities	140,612	155,992
Total liabilities	233,856	259,591
Total liabilities and equity	263,009	311,072
Reportable Legal Entities | Parent Company Guarantor
Assets
Cash, cash equivalents and restricted cash	10,001	9,561	2,289
Receivables - net	41,269	27,868
Investment in subsidiaries	143,127	175,071
All other assets	31,724	19,165
Total assets	226,120	231,665
Liabilities and equity
Short-term borrowings	130,045	143,481
Long-term and non-recourse borrowings	40,901	50,705
All other liabilities	65,166	45,722
Total liabilities	236,112	239,908
Total liabilities and equity	226,120	231,665
Reportable Legal Entities | Subsidiary Issuer
Assets
Cash, cash equivalents and restricted cash	0	0	0
Receivables - net	17,841	17,467
Investment in subsidiaries	0	0
All other assets	480	12
Total assets	18,322	17,479
Liabilities and equity
Short-term borrowings	0	0
Long-term and non-recourse borrowings	17,019	16,115
All other liabilities	275	336
Total liabilities	17,294	16,452
Total liabilities and equity	18,322	17,479
Reportable Legal Entities | Subsidiary Guarantor
Assets
Cash, cash equivalents and restricted cash	0	0	15
Receivables - net	34	2,792
Investment in subsidiaries	40,179	45,832
All other assets	0	0
Total assets	40,212	48,623
Liabilities and equity
Short-term borrowings	1,552	9,854
Long-term and non-recourse borrowings	25,511	24,341
All other liabilities	219	245
Total liabilities	27,282	34,439
Total liabilities and equity	40,212	48,623
Reportable Legal Entities | Non- Guarantor Subsidiaries
Assets
Cash, cash equivalents and restricted cash	21,215	25,975	25,240
Receivables - net	61,998	56,256
Investment in subsidiaries	699,149	733,535
All other assets	316,579	298,493
Total assets	1,098,942	1,114,260
Liabilities and equity
Short-term borrowings	7,303	9,653
Long-term and non-recourse borrowings	24,676	47,014
All other liabilities	136,051	133,203
Total liabilities	168,031	189,870
Total liabilities and equity	1,098,942	1,114,260
Consolidating Adjustments
Assets
Cash, cash equivalents and restricted cash	(3,406)	(4,412)	$ (5,490)
Receivables - net	(94,416)	(74,895)
Investment in subsidiaries	(882,455)	(954,437)
All other assets	(140,309)	(67,210)
Total assets	(1,120,586)	(1,100,954)
Liabilities and equity
Short-term borrowings	(121,854)	(150,212)
Long-term and non-recourse borrowings	(31,909)	(47,352)
All other liabilities	(61,100)	(23,514)
Total liabilities	(214,863)	(221,078)
Total liabilities and equity	$ (1,120,586)	$ (1,100,954)

GUARANTOR FINANCIAL INFORMATI_5

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	$ 2,033	$ (3,589)
Cash from (used for) investing activities	5,050	11,636
Cash from (used for) financing activities	(14,089)	(24,967)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	(131)	(440)
Increase (decrease) in cash, cash equivalents and restricted cash	(7,136)	(17,361)
Cash, cash equivalents and restricted cash at beginning of year	35,548	44,724
Cash, cash equivalents and restricted cash at September 30	28,412	27,364
Less cash, cash equivalents and restricted cash of discontinued operations at September 30	602	5,310
Cash, cash equivalents and restricted cash of continuing operations at September 30	27,810	22,054	$ 31,124
Cash from (used for) operating activities – discontinued operations	(1,390)	745
Reportable Legal Entities | Parent Company Guarantor
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	9,148	11,267
Cash from (used for) investing activities	34,181	(625)
Cash from (used for) financing activities	(42,889)	(11,824)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	0	0
Increase (decrease) in cash, cash equivalents and restricted cash	440	(1,183)
Cash, cash equivalents and restricted cash at beginning of year	9,561	3,472
Cash, cash equivalents and restricted cash at September 30	10,001	2,289
Less cash, cash equivalents and restricted cash of discontinued operations at September 30	0	0
Cash, cash equivalents and restricted cash of continuing operations at September 30	10,001	2,289	9,561
Cash from (used for) operating activities – discontinued operations	(2,382)	185
Reportable Legal Entities | Subsidiary Issuer
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	400	(118)
Cash from (used for) investing activities	(400)	189
Cash from (used for) financing activities	0	(70)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	0	0
Increase (decrease) in cash, cash equivalents and restricted cash	0	0
Cash, cash equivalents and restricted cash at beginning of year	0	0
Cash, cash equivalents and restricted cash at September 30	0	0
Less cash, cash equivalents and restricted cash of discontinued operations at September 30	0	0
Cash, cash equivalents and restricted cash of continuing operations at September 30	0	0	0
Reportable Legal Entities | Subsidiary Guarantor
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	(1,539)	(381)
Cash from (used for) investing activities	6,072	(1,052)
Cash from (used for) financing activities	(4,532)	1,445
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	0	0
Increase (decrease) in cash, cash equivalents and restricted cash	0	12
Cash, cash equivalents and restricted cash at beginning of year	0	3
Cash, cash equivalents and restricted cash at September 30	0	15
Less cash, cash equivalents and restricted cash of discontinued operations at September 30	0	0
Cash, cash equivalents and restricted cash of continuing operations at September 30	0	15	0
Reportable Legal Entities | Non- Guarantor Subsidiaries
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	6,556	24,135
Cash from (used for) investing activities	108,843	(18,293)
Cash from (used for) financing activities	(120,127)	(16,845)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	(131)	(440)
Increase (decrease) in cash, cash equivalents and restricted cash	(4,859)	(11,443)
Cash, cash equivalents and restricted cash at beginning of year	26,676	41,993
Cash, cash equivalents and restricted cash at September 30	21,817	30,550
Less cash, cash equivalents and restricted cash of discontinued operations at September 30	602	5,310
Cash, cash equivalents and restricted cash of continuing operations at September 30	21,215	25,240	25,975
Consolidating Adjustments
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	(12,531)	(38,492)
Cash from (used for) investing activities	(143,646)	31,417
Cash from (used for) financing activities	153,460	2,328
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	0	0
Increase (decrease) in cash, cash equivalents and restricted cash	(2,717)	(4,747)
Cash, cash equivalents and restricted cash at beginning of year	(689)	(743)
Cash, cash equivalents and restricted cash at September 30	(3,406)	(5,490)
Less cash, cash equivalents and restricted cash of discontinued operations at September 30	0	0
Cash, cash equivalents and restricted cash of continuing operations at September 30	$ (3,406)	$ (5,490)	$ (4,412)

SEGMENT OPERATIONS (Details)

SEGMENT OPERATIONS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Revenues	$ 23,360	$ 23,392	$ 68,976	$ 70,513
Revenues, V%	0.00%		(2.00%)
Corporate items and eliminations	$ (1,249)	(22,962)	$ (422)	(21,318)
GE goodwill impairments	$ (740)	(21,973)	$ (1,484)	(21,973)
GE goodwill impairments, V%	97.00%		93.00%
GE interest and other financial charges	$ (1,279)	(1,155)	$ (3,272)	(3,585)
GE non-operating benefit costs	(565)	(763)	(1,694)	(2,141)
Benefit (provision) for income taxes	(41)	(52)	1	(460)
Earnings (loss) from continuing operations attributable to GE common shareowners	$ (1,325)	(22,956)	$ (707)	(21,947)
Earnings (loss) from continuing operations attributable to GE common shareowners, V%	94.00%		97.00%
Earnings (loss) from discontinued operations, net of taxes	$ (8,093)	155	$ (5,212)	(1,526)
Less net earnings attributable to noncontrolling interests, discontinued operations	46	7	58	(97)
Earnings (loss) from discontinued operations, net of tax and noncontrolling interest	(8,140)	148	(5,270)	(1,429)
Net earnings (loss) attributable to GE common shareowners	$ (9,465)	(22,808)	$ (5,977)	(23,376)
Consolidated net earnings (loss) attributable to the GE common shareowners, V%	59.00%		74.00%
Operating Segments
Segment Reporting Information [Line Items]
Revenues	$ 23,480	23,138	$ 68,938	69,982
Revenues, V%	1.00%		(1.00%)
Segment profit (loss)	$ 1,806	1,986	$ 6,493	7,151
Segment profit (loss), V%	(9.00%)		(9.00%)
Operating Segments | Power
Segment Reporting Information [Line Items]
GE goodwill impairments			$ 0
Operating Segments | Renewable Energy
Segment Reporting Information [Line Items]
GE goodwill impairments			(1,484)
Operating Segments | Aviation
Segment Reporting Information [Line Items]
GE goodwill impairments			0
Operating Segments | Healthcare
Segment Reporting Information [Line Items]
GE goodwill impairments			0
Operating Segments | Capital
Segment Reporting Information [Line Items]
Revenues	$ 2,097	2,473	6,645	7,075
GE goodwill impairments			0
Corporate Items and Eliminations
Segment Reporting Information [Line Items]
Revenues	(120)	254	$ 39	531
Revenues, V%			(93.00%)
Corporate items and eliminations	$ (808)	(1,523)	$ (2,013)	(2,596)
Corporate items and eliminations, V%	47.00%		22.00%
Segment Reconciling Items
Segment Reporting Information [Line Items]
GE interest and other financial charges	$ (791)	(590)	$ (1,693)	(1,773)
GE interest and other financial charges, V%	(34.00%)		5.00%
GE non-operating benefit costs	$ (562)	(760)	$ (1,684)	(2,132)
GE non-operating benefit costs, V%	26.00%		21.00%
Benefit (provision) for income taxes	$ (229)	(95)	$ (327)	(624)
GE benefit (provision) for income taxes, V%			48.00%
Industrial | Operating Segments
Segment Reporting Information [Line Items]
Revenues	$ 21,383	20,665	$ 62,293	62,908
Revenues, V%	3.00%		(1.00%)
Segment profit (loss)	$ 2,450	1,967	$ 7,092	7,555
Segment profit (loss), V%	25.00%		(6.00%)
Industrial | Operating Segments | Power
Segment Reporting Information [Line Items]
Revenues	$ 3,926	4,559	$ 13,224	16,768
Revenues, V%	(14.00%)		(21.00%)
Segment profit (loss)	$ (144)	(676)	$ 84	(22)
Segment profit (loss), V%	79.00%
Industrial | Operating Segments | Renewable Energy
Segment Reporting Information [Line Items]
Revenues	$ 4,425	3,920	$ 10,590	9,642
Revenues, V%	13.00%		10.00%
Segment profit (loss)	$ (98)	116	$ (469)	312
Industrial | Operating Segments | Aviation
Segment Reporting Information [Line Items]
Revenues	$ 8,109	7,480	$ 23,940	22,111
Revenues, V%	8.00%		8.00%
Segment profit (loss)	$ 1,718	1,665	$ 4,764	4,743
Segment profit (loss), V%	3.00%		0.00%
Industrial | Operating Segments | Healthcare
Segment Reporting Information [Line Items]
Revenues	$ 4,923	4,707	$ 14,540	14,387
Revenues, V%	5.00%		1.00%
Segment profit (loss)	$ 974	861	$ 2,714	2,522
Segment profit (loss), V%	13.00%		8.00%
Capital | Operating Segments | Capital
Segment Reporting Information [Line Items]
Revenues	$ 2,097	2,473	$ 6,645	7,075
Revenues, V%	(15.00%)		(6.00%)
Segment profit (loss)	$ (645)	$ 19	$ (599)	$ (403)
Segment profit (loss), V%			(49.00%)