General Electric (GE) 10-K 24 Feb 20 2019 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2019	Jan. 31, 2020	Jun. 30, 2019
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2019
Amendment Flag	false
Entity File Number	001-00035
Entity Registrant Name	GENERAL ELECTRIC CO
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	14-0689340
Entity Address, Address Line One	5 Necco 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 Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Voluntary Filers	No
Entity Central Index Key	0000040545
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		8,740,232,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
Entity Public Float			$ 90.1
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 1/2% 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)

STATEMENT OF EARNINGS (LOSS) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
GE Capital revenues from services		$ 7,728	$ 8,072	$ 7,337
Total revenues (Note 26)		95,214	97,012	99,279
Cost of goods and services		70,029	72,818
Selling, general and administrative expenses		13,949	14,643	14,257
Interest and other financial charges		4,227	4,766	4,655
Insurance losses and annuity benefits (Note 12)		3,294	2,790	12,168
Goodwill impairments (Note 8)		1,486	22,136	2,550
Non-operating benefit costs		2,844	2,753	2,423
Other costs and expenses		458	414	1,060
Total costs and expenses		96,287	120,320	112,707
Other income (Note 19)		2,222	2,321	2,083
GE Capital earnings (loss) from continuing operations		0	0	0
Earnings (loss) from continuing operations before income taxes		1,149	(20,987)	(11,345)
Benefit (provision) for income taxes (Note 15)		(726)	(93)	2,808
Earnings (loss) from continuing operations		423	(21,080)	(8,536)
Earnings (loss) from discontinued operations, net of taxes (Note 2)		(5,335)	(1,363)	(312)
Net earnings (loss)		(4,912)	(22,443)	(8,849)
Less net earnings (loss) attributable to noncontrolling interests		66	(89)	(365)
Net earnings (loss) attributable to the Company		(4,979)	(22,355)	(8,484)
Preferred stock dividends		(460)	(447)	(436)
Net earnings (loss) attributable to GE common shareholders		(5,439)	(22,802)	(8,920)
Amounts attributable to GE common shareholders:
Earnings (loss) from continuing operations		423	(21,080)	(8,536)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		7	(90)	(283)
Earnings (loss) from continuing operations attributable to the Company		416	(20,991)	(8,253)
Preferred stock dividends		(460)	(447)	(436)
Earnings (loss) from continuing operations attributable to GE common shareholders		(44)	(21,438)	(8,689)
Earnings (loss) from discontinued operations, net of taxes		(5,335)	(1,363)	(312)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		60	1	(81)
Net earnings (loss) attributable to GE common shareholders		$ (5,439)	$ (22,802)	$ (8,920)
Earnings (loss) from continuing operations
Diluted earnings (loss) per share (in dollars per share)		$ (0.01)	$ (2.47)	$ (1)
Basic earnings (loss) per share (in dollars per share)		(0.01)	(2.47)	(1)
Net earnings (loss)
Diluted earnings (loss) per share (in dollars per share)		(0.62)	(2.62)	(1.03)
Basic earnings (loss) per share (in dollars per share)		(0.62)	(2.62)	(1.03)
Dividends declared per common share (in dollars per share)		$ 0.04	$ 0.37	$ 0.84
Goods
Sales		$ 58,949	$ 60,148	$ 62,709
Cost of goods and services		48,406	50,244	52,483
Services
Sales		28,538	28,792	29,233
Cost of goods and services		21,622	22,574	23,110
GE
GE Capital revenues from services	[1]	0	0	0
Total revenues (Note 26)	[1]	87,719	89,038	92,229
Selling, general and administrative expenses	[1]	13,404	13,851	13,094
Interest and other financial charges	[1]	2,115	2,415	2,538
Insurance losses and annuity benefits (Note 12)	[1]	0	0	0
Goodwill impairments (Note 8)	[1]	1,486	22,136	1,165
Non-operating benefit costs	[1]	2,828	2,740	2,409
Other costs and expenses	[1]	0	(51)	(22)
Total costs and expenses	[1]	88,118	111,967	92,834
Other income (Note 19)	[1]	2,200	2,317	1,893
GE Capital earnings (loss) from continuing operations	[1]	(530)	(489)	(6,765)
Earnings (loss) from continuing operations before income taxes	[1]	1,271	(21,101)	(5,476)
Benefit (provision) for income taxes (Note 15)	[1]	(1,309)	(467)	(3,493)
Earnings (loss) from continuing operations	[1]	(38)	(21,568)	(8,970)
Earnings (loss) from discontinued operations, net of taxes (Note 2)	[1]	(5,335)	(1,363)	(319)
Net earnings (loss)	[1]	(5,373)	(22,931)	(9,288)
Less net earnings (loss) attributable to noncontrolling interests	[1]	66	(129)	(368)
Net earnings (loss) attributable to the Company	[1]	(5,439)	(22,802)	(8,920)
Preferred stock dividends	[1]	0	0	0
Net earnings (loss) attributable to GE common shareholders	[1]	(5,439)	(22,802)	(8,920)
Amounts attributable to GE common shareholders:
Earnings (loss) from continuing operations	[1]	(38)	(21,568)	(8,970)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		6	(130)	(280)
Earnings (loss) from continuing operations attributable to the Company		(44)	(21,438)	(8,689)
Preferred stock dividends	[1]	0	0	0
Earnings (loss) from continuing operations attributable to GE common shareholders		(44)	(21,438)	(8,689)
Earnings (loss) from discontinued operations, net of taxes	[1]	(5,335)	(1,363)	(319)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		60	1	(88)
Net earnings (loss) attributable to GE common shareholders	[1]	(5,439)	(22,802)	(8,920)
GE | Goods
Sales	[1]	59,138	60,147	62,786
Cost of goods and services	[1]	48,620	50,265	52,588
GE | Services
Sales	[1]	28,581	28,891	29,443
Cost of goods and services	[1]	19,665	20,611	21,062
GE Capital
GE Capital revenues from services		8,662	9,430	8,940
Total revenues (Note 26)		8,741	9,551	9,070
Selling, general and administrative expenses		931	1,341	1,662
Interest and other financial charges		2,532	2,982	3,145
Insurance losses and annuity benefits (Note 12)		3,353	2,849	12,213
Goodwill impairments (Note 8)		0	0	1,386
Non-operating benefit costs		16	12	14
Other costs and expenses		480	558	986
Total costs and expenses		9,392	9,926	21,703
Other income (Note 19)		0	0	0
GE Capital earnings (loss) from continuing operations		0	0	0
Earnings (loss) from continuing operations before income taxes		(652)	(375)	(12,633)
Benefit (provision) for income taxes (Note 15)		582	374	6,302
Earnings (loss) from continuing operations		(69)	(1)	(6,331)
Earnings (loss) from discontinued operations, net of taxes (Note 2)		192	(1,670)	(312)
Net earnings (loss)		123	(1,672)	(6,643)
Less net earnings (loss) attributable to noncontrolling interests		1	40	4
Net earnings (loss) attributable to the Company		122	(1,712)	(6,647)
Preferred stock dividends		(460)	(447)	(436)
Net earnings (loss) attributable to GE common shareholders		(338)	(2,159)	(7,083)
Amounts attributable to GE common shareholders:
Earnings (loss) from continuing operations		(69)	(1)	(6,331)
Less net earnings (loss) attributable to noncontrolling interests, continuing operations		1	40	(3)
Earnings (loss) from continuing operations attributable to the Company		(70)	(42)	(6,328)
Preferred stock dividends		(460)	(447)	(436)
Earnings (loss) from continuing operations attributable to GE common shareholders		(530)	(489)	(6,765)
Earnings (loss) from discontinued operations, net of taxes		192	(1,670)	(312)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations		0	0	6
Net earnings (loss) attributable to GE common shareholders		(338)	(2,159)	(7,083)
GE Capital | Goods
Sales		79	121	130
Cost of goods and services		61	95	102
GE Capital | Services
Sales		0	0	0
Cost of goods and services		$ 2,019	$ 2,089	$ 2,196
[1]	Represents the adding together of all GE Industrial affiliates and GE Capital continuing operations on a one-line basis. See Note 1.

STATEMENT OF FINANCIAL POSITION

STATEMENT OF FINANCIAL POSITION - USD ($) $ in Millions		Dec. 31, 2019	Dec. 31, 2018
Cash, cash equivalents and restricted cash		$ 36,394	$ 31,124
Investment securities (Note 3)		48,521	33,508
Current receivables (Note 4)		16,769	14,645
Financing receivables – net (Note 5)		3,134	7,699
Inventories (Note 6)		14,104	13,803
Other GE Capital receivables		7,144	7,143
Property, plant and equipment – net (Note 7)		43,290	43,611
Operating lease assets (Note 7)		2,896
Receivable from GE Capital		0	0
Investment in GE Capital		0	0
Goodwill (Note 8)		26,734	33,974
Other intangible assets – net (Note 8)		10,653	12,178
Contract and other deferred assets (Note 9)		16,801	17,431
All other assets (Note 10)		16,461	18,357
Deferred income taxes (Note 15)		9,889	12,117
Assets of businesses held for sale (Note 2)		9,149	1,629
Assets of discontinued operations (Note 2)		4,109	63,853
Total assets		266,048	311,072
Short-term borrowings (Note 11)		22,072	12,776
Short-term borrowings assumed by GE (Note 11)		0	0
Accounts payable, principally trade accounts		15,926	13,826
Progress collections and deferred income (Note 9)		20,508	18,983
Other GE current liabilities (Note 14)		15,753	14,866
Non-recourse borrowings of consolidated securitization entities (Note 11)		1,655	1,875
Long-term borrowings (Note 11)		67,155	88,949
Long-term borrowings assumed by GE (Note 11)		0	0
Operating lease liabilities (Note 7)		3,162
Insurance liabilities and annuity benefits (Note 12)		39,826	35,562
Non-current compensation and benefits		31,687	31,928
All other liabilities (Note 14)		16,583	20,839
Liabilities of businesses held for sale (Note 2)		1,658	708
Liabilities of discontinued operations (Note 2)		203	19,281
Total liabilities		236,187	259,591
Preferred stock (5,939,875 shares outstanding at both December 31, 2019 and December 31, 2018)		6	6
Common stock (8,738,434,000 and 8,702,227,000 shares outstanding at December 31, 2019 and December 31, 2018, respectively)		702	702
Accumulated other comprehensive income (loss) – net attributable to GE		(11,732)	(14,414)
Other capital		34,405	35,504
Retained earnings		87,732	93,109
Less common stock held in treasury		(82,797)	(83,925)
Total GE shareholders’ equity		28,316	30,981
Noncontrolling interests (Note 16)		1,545	20,500
Total equity	[1]	29,861	51,481
Total liabilities and equity		266,048	311,072
GE
Cash, cash equivalents and restricted cash	[2]	17,613	16,632
Investment securities (Note 3)	[2]	10,008	187
Current receivables (Note 4)	[2]	13,883	10,262
Financing receivables – net (Note 5)	[2]	0	0
Inventories (Note 6)	[2]	14,104	13,803
Other GE Capital receivables	[2]	0	0
Property, plant and equipment – net (Note 7)	[2]	14,370	14,828
Operating lease assets (Note 7)	[2]	3,077
Receivable from GE Capital	[2]	19,142	22,513
Investment in GE Capital	[2]	15,299	11,412
Goodwill (Note 8)	[2]	25,895	33,070
Other intangible assets – net (Note 8)	[2]	10,461	11,942
Contract and other deferred assets (Note 9)	[2]	16,833	17,431
All other assets (Note 10)	[2]	8,399	8,578
Deferred income taxes (Note 15)	[2]	8,189	10,176
Assets of businesses held for sale (Note 2)	[2]	8,626	1,524
Assets of discontinued operations (Note 2)	[2]	202	59,169
Total assets	[2]	186,100	231,526
Short-term borrowings (Note 11)	[2]	5,606	5,147
Short-term borrowings assumed by GE (Note 11)	[2]	5,473	4,207
Accounts payable, principally trade accounts	[2]	17,702	17,579
Progress collections and deferred income (Note 9)	[2]	20,694	19,239
Other GE current liabilities (Note 14)	[2]	16,833	16,444
Non-recourse borrowings of consolidated securitization entities (Note 11)	[2]	0	0
Long-term borrowings (Note 11)	[2]	15,085	20,804
Long-term borrowings assumed by GE (Note 11)	[2]	25,895	32,054
Operating lease liabilities (Note 7)	[2]	3,369
Insurance liabilities and annuity benefits (Note 12)	[2]	0	0
Non-current compensation and benefits	[2]	31,208	31,461
All other liabilities (Note 14)	[2]	12,787	14,881
Liabilities of businesses held for sale (Note 2)	[2]	1,620	748
Liabilities of discontinued operations (Note 2)	[2]	106	17,481
Total liabilities	[2]	156,379	180,045
Preferred stock (5,939,875 shares outstanding at both December 31, 2019 and December 31, 2018)	[2]	6	6
Common stock (8,738,434,000 and 8,702,227,000 shares outstanding at December 31, 2019 and December 31, 2018, respectively)	[2]	702	702
Accumulated other comprehensive income (loss) – net attributable to GE	[2]	(11,732)	(14,414)
Other capital	[2]	34,405	35,504
Retained earnings	[2]	87,732	93,109
Less common stock held in treasury	[2]	(82,797)	(83,925)
Total GE shareholders’ equity	[2]	28,316	30,981
Noncontrolling interests (Note 16)	[2]	1,406	20,499
Total equity	[2]	29,721	51,480
Total liabilities and equity	[2]	186,100	231,526
GE Capital
Cash, cash equivalents and restricted cash		18,781	14,492
Investment securities (Note 3)		38,514	33,393
Current receivables (Note 4)		0	0
Financing receivables – net (Note 5)		6,979	13,628
Inventories (Note 6)		0	0
Other GE Capital receivables		11,767	15,361
Property, plant and equipment – net (Note 7)		29,649	29,510
Operating lease assets (Note 7)		237
Receivable from GE Capital		0	0
Investment in GE Capital		0	0
Goodwill (Note 8)		839	904
Other intangible assets – net (Note 8)		192	236
Contract and other deferred assets (Note 9)		0	0
All other assets (Note 10)		8,648	9,869
Deferred income taxes (Note 15)		1,700	1,936
Assets of businesses held for sale (Note 2)		241	0
Assets of discontinued operations (Note 2)		3,907	4,610
Total assets		121,454	123,939
Short-term borrowings (Note 11)		12,030	4,999
Short-term borrowings assumed by GE (Note 11)		2,104	2,684
Accounts payable, principally trade accounts		886	1,171
Progress collections and deferred income (Note 9)		0	0
Other GE current liabilities (Note 14)		0	0
Non-recourse borrowings of consolidated securitization entities (Note 11)		1,655	1,875
Long-term borrowings (Note 11)		26,175	36,154
Long-term borrowings assumed by GE (Note 11)		17,038	19,828
Operating lease liabilities (Note 7)		238
Insurance liabilities and annuity benefits (Note 12)		40,232	35,994
Non-current compensation and benefits		472	459
All other liabilities (Note 14)		5,040	7,562
Liabilities of businesses held for sale (Note 2)		52	0
Liabilities of discontinued operations (Note 2)		97	1,800
Total liabilities		106,016	112,527
Preferred stock (5,939,875 shares outstanding at both December 31, 2019 and December 31, 2018)		6	6
Common stock (8,738,434,000 and 8,702,227,000 shares outstanding at December 31, 2019 and December 31, 2018, respectively)		0	0
Accumulated other comprehensive income (loss) – net attributable to GE		(852)	(783)
Other capital		17,001	12,883
Retained earnings		(857)	(694)
Less common stock held in treasury		0	0
Total GE shareholders’ equity		15,299	11,412
Noncontrolling interests (Note 16)		139	1
Total equity		15,438	11,412
Total liabilities and equity		$ 121,454	$ 123,939
[1]	Total equity balance decreased by $(43,638) million from December 31, 2017, primarily due to non-cash after-tax goodwill impairment charge of $(22,371) million in 2018, reduction of noncontrolling interest balance of $(15,836) million attributable to Baker Hughes Class A shareholders at December 31, 2017 and after-tax loss of $(8,238) million in discontinued operations due to deconsolidation of Baker Hughes in 2019, partially offset by after-tax gain of $2,508 million in discontinued operations due to spin-off and subsequent merger of our Transportation business with Wabtec in 2019.
[2]	Represents the adding together of all GE Industrial affiliates and GE Capital continuing operations on a one-line basis. See Note 1.

STATEMENT OF FINANCIAL POSITI_2

STATEMENT OF FINANCIAL POSITION (Parenthetical) - USD ($) $ in Millions		Dec. 31, 2019	Dec. 31, 2018
Preferred stock, shares outstanding		5,939,875	5,939,875
Common stock, shares outstanding		8,738,434,000	8,702,227,000
Accumulated other comprehensive income (loss) – net attributable to GE		$ (11,732)	$ (14,414)
Included AOCI attributable to noncontrolling interests	[1]	$ 29,861	$ 51,481
GE Capital
Preferred stock, shares outstanding		5,939,875	5,939,875
Common stock, shares outstanding		8,738,434,000	8,702,227,000
Accumulated other comprehensive income (loss) – net attributable to GE		$ (852)	$ (783)
Included AOCI attributable to noncontrolling interests		$ 15,438	$ 11,412
GE
Preferred stock, shares outstanding		5,939,875	5,939,875
Common stock, shares outstanding		8,738,434,000	8,702,227,000
Accumulated other comprehensive income (loss) – net attributable to GE	[2]	$ (11,732)	$ (14,414)
Included AOCI attributable to noncontrolling interests	[2]	$ 29,721	$ 51,480
[1]	Total equity balance decreased by $(43,638) million from December 31, 2017, primarily due to non-cash after-tax goodwill impairment charge of $(22,371) million in 2018, reduction of noncontrolling interest balance of $(15,836) million attributable to Baker Hughes Class A shareholders at December 31, 2017 and after-tax loss of $(8,238) million in discontinued operations due to deconsolidation of Baker Hughes in 2019, partially offset by after-tax gain of $2,508 million in discontinued operations due to spin-off and subsequent merger of our Transportation business with Wabtec in 2019.
[2]	Represents the adding together of all GE Industrial affiliates and GE Capital continuing operations on a one-line basis. See Note 1.

STATEMENT OF CASH FLOWS

STATEMENT OF CASH FLOWS $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)		Dec. 31, 2018USD ($)		Dec. 31, 2017USD ($)
Cash flows – operating activities
Net earnings (loss)	$ (4,912)		$ (22,443)		$ (8,849)
(Earnings) loss from discontinued operations	5,335		1,363		312
Adjustments to reconcile net earnings (loss) to cash provided from operating activities:
Depreciation and amortization of property, plant and equipment (Note 7)	4,026		4,419		4,332
Amortization of intangible assets (Note 8)	1,569		2,163		1,862
Goodwill impairments (Note 8)	1,486		22,136		2,550
(Earnings) loss from continuing operations retained by GE Capital	0		0		0
(Gains) losses on purchases and sales of business interests (Note 19)	(53)		(1,522)		(1,024)
Principal pension plans cost (Note 13)	3,878		4,226		3,687
Principal pension plans employer contributions (Note 13)	(298)		(6,283)		(1,978)
Other postretirement benefit plans (net) (Note 13)	(1,228)		(1,033)		(888)
Provision (benefit) for income taxes (Note 15)	726		93		(2,808)
Cash recovered (paid) during the year for income taxes	(1,950)		(1,404)		(1,924)
Decrease (increase) in contract and other deferred assets	62		(81)		(1,243)
Decrease (increase) in GE current receivables	(2,851)		(358)		(3,902)
Decrease (increase) in inventories	(1,109)		(356)		324
Increase (decrease) in accounts payable	2,977		1,545		169
Increase (decrease) in GE progress collections	1,373		(571)		1,912
All other operating activities	1,388		1,317		13,308
Cash from (used for) operating activities – continuing operations	10,419		3,210		5,840
Cash from (used for) operating activities – discontinued operations	(1,647)		1,768		714
Cash from (used for) operating activities	8,772		4,978		6,554
Cash flows – investing activities
Additions to property, plant and equipment	(5,813)		(6,627)		(6,642)
Dispositions of property, plant and equipment	3,718		4,093		5,530
Additions to internal-use software	(282)		(320)		(454)
Net decrease (increase) in GE Capital financing receivables	1,117		1,796		805
Net cash from (payments for) principal businesses purchased	(68)		(1)		(2,722)
Capital contribution from GE to GE Capital	0		0		0
All other investing activities	1,466		11,530		5,538
Cash from (used for) investing activities – continuing operations	10,684		18,925		6,728
Cash from (used for) investing activities – discontinued operations	(1,745)		(645)		(1,349)
Cash from (used for) investing activities	8,939		18,280		5,379
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	280		(4,343)		1,699
Newly issued debt (maturities longer than 90 days)	2,185		3,120		10,879
Repayments and other reductions (maturities longer than 90 days)	(16,567)		(20,319)		(25,220)
Capital contribution from GE to GE Capital	0		0		0
Net dispositions (purchases) of GE shares for treasury	29		(17)		(2,550)
Dividends paid to shareholders	(649)		(4,474)		(8,650)
All other financing activities	(1,043)		(1,312)		(85)
Cash from (used for) financing activities – continuing operations	(15,764)		(27,345)		(23,927)
Cash from (used for) financing activities – discontinued operations	(368)		(4,462)		5,443
Cash from (used for) financing activities	(16,133)		(31,807)		(18,484)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	(50)		(628)		891
Increase (decrease) in cash, cash equivalents and restricted cash	1,529		(9,176)		(5,659)
Cash, cash equivalents and restricted cash at beginning of year	35,548		44,724		50,384
Cash, cash equivalents and restricted cash at end of year	37,077		35,548		44,724
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	638		4,424		7,901
Cash, cash equivalents and restricted cash of continuing operations at end of year	36,439		31,124		36,823
Supplemental disclosure of cash flows information
Cash paid during the year for interest	(3,816)		(4,409)		(4,211)
GE Capital
Cash flows – operating activities
Net earnings (loss)	123		(1,672)		(6,643)
(Earnings) loss from discontinued operations	(192)		1,670		312
Adjustments to reconcile net earnings (loss) to cash provided from operating activities:
Depreciation and amortization of property, plant and equipment (Note 7)	2,026		2,110		2,277
Amortization of intangible assets (Note 8)	57		53		65
Goodwill impairments (Note 8)	0		0		1,386
(Earnings) loss from continuing operations retained by GE Capital	0		0		0
(Gains) losses on purchases and sales of business interests (Note 19)	(50)		(288)		0
Principal pension plans cost (Note 13)	0		0		0
Principal pension plans employer contributions (Note 13)	0		0		0
Other postretirement benefit plans (net) (Note 13)	(15)		(18)		(23)
Provision (benefit) for income taxes (Note 15)	(582)		(374)		(6,302)
Cash recovered (paid) during the year for income taxes	(46)		(61)		264
Decrease (increase) in contract and other deferred assets	0		0		0
Decrease (increase) in GE current receivables	0		0		0
Decrease (increase) in inventories	0		0		0
Increase (decrease) in accounts payable	(44)		2		(75)
Increase (decrease) in GE progress collections	0		0		0
All other operating activities	605		158		11,114
Cash from (used for) operating activities – continuing operations	1,881		1,582		2,374
Cash from (used for) operating activities – discontinued operations	(1,917)		(415)		(968)
Cash from (used for) operating activities	(35)		1,166		1,407
Cash flows – investing activities
Additions to property, plant and equipment	(3,830)		(4,569)		(3,680)
Dispositions of property, plant and equipment	3,348		3,853		4,579
Additions to internal-use software	(8)		(14)		(31)
Net decrease (increase) in GE Capital financing receivables	3,389		9,986		2,897
Net cash from (payments for) principal businesses purchased	0		0		0
Capital contribution from GE to GE Capital	0		0		0
All other investing activities	2,617		482		3,013
Cash from (used for) investing activities – continuing operations	9,453		11,777		8,242
Cash from (used for) investing activities – discontinued operations	2,023		186		(1,784)
Cash from (used for) investing activities	11,476		11,964		6,458
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	(256)		(4,308)		69
Newly issued debt (maturities longer than 90 days)	2,154		3,045		1,909
Repayments and other reductions (maturities longer than 90 days)	(11,632)		(19,836)		(21,007)
Capital contribution from GE to GE Capital	4,000		0		0
Net dispositions (purchases) of GE shares for treasury	0		0		0
Dividends paid to shareholders	(455)		(371)		(4,311)
All other financing activities	(819)		(2,408)		(280)
Cash from (used for) financing activities – continuing operations	(7,007)		(23,878)		(23,619)
Cash from (used for) financing activities – discontinued operations	(1)		0		1,909
Cash from (used for) financing activities	(7,008)		(23,878)		(21,710)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	6		(134)		447
Increase (decrease) in cash, cash equivalents and restricted cash	4,439		(10,882)		(13,399)
Cash, cash equivalents and restricted cash at beginning of year	15,020		25,902		39,301
Cash, cash equivalents and restricted cash at end of year	19,460		15,020		25,902
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	633		528		757
Cash, cash equivalents and restricted cash of continuing operations at end of year	18,826		14,492		25,145
Supplemental disclosure of cash flows information
Cash paid during the year for interest	(2,632)		(2,883)		(2,793)
GE
Cash flows – operating activities
Net earnings (loss)	(5,373)	[1]	(22,931)	[1]	(9,288)	[1]
(Earnings) loss from discontinued operations	5,335	[1]	1,363	[1]	319	[1]
Adjustments to reconcile net earnings (loss) to cash provided from operating activities:
Depreciation and amortization of property, plant and equipment (Note 7)	2,001	[1]	2,290	[1]	2,050	[1]
Amortization of intangible assets (Note 8)	1,512	[1]	2,109	[1]	1,796	[1]
Goodwill impairments (Note 8)	1,486	[1]	22,136	[1]	1,165	[1]
(Earnings) loss from continuing operations retained by GE Capital	530	[1]	489	[1]	10,781	[1]
(Gains) losses on purchases and sales of business interests (Note 19)	(3)	[1]	(1,234)	[1]	(1,024)	[1]
Principal pension plans cost (Note 13)	3,878	[1]	4,226	[1]	3,687	[1]
Principal pension plans employer contributions (Note 13)	(298)	[1]	(6,283)	[1]	(1,978)	[1]
Other postretirement benefit plans (net) (Note 13)	(1,213)	[2]	(1,015)	[2]	(865)	[2]
Provision (benefit) for income taxes (Note 15)	1,309	[1]	467	[1]	3,493	[1]
Cash recovered (paid) during the year for income taxes	(1,904)	[1]	(1,343)	[1]	(2,188)	[1]
Decrease (increase) in contract and other deferred assets	62	[1]	(81)	[1]	(1,243)	[1]
Decrease (increase) in GE current receivables	(3,904)	[1]	(966)	[1]	1,040	[1]
Decrease (increase) in inventories	(877)	[1]	(364)	[1]	339	[1]
Increase (decrease) in accounts payable	684	[1]	1,595	[1]	(46)	[1]
Increase (decrease) in GE progress collections	1,317	[1]	(433)	[1]	1,938	[1]
All other operating activities	72	[1]	676	[1]	1,504	[1]
Cash from (used for) operating activities – continuing operations	4,614	[1]	701	[1]	11,479	[1]
Cash from (used for) operating activities – discontinued operations	(49)	[1]	2,051	[1]	(195)	[1]
Cash from (used for) operating activities	4,565	[1]	2,752	[1]	11,284	[1]
Cash flows – investing activities
Additions to property, plant and equipment	(2,216)	[1]	(2,234)	[1]	(3,403)	[1]
Dispositions of property, plant and equipment	371	[1]	271	[1]	1,186	[1]
Additions to internal-use software	(274)	[1]	(306)	[1]	(423)	[1]
Net decrease (increase) in GE Capital financing receivables	0	[1]	0	[1]	0	[1]
Net cash from (payments for) principal businesses purchased	(447)	[1]	(1)	[1]	(2,722)	[1]
Capital contribution from GE to GE Capital	(4,000)	[2]	0	[2]	0	[2]
All other investing activities	3,675	[1]	(640)	[1]	(9,439)	[1]
Cash from (used for) investing activities – continuing operations	4,056	[1]	3,138	[1]	(11,715)	[1]
Cash from (used for) investing activities – discontinued operations	(3,449)	[1]	(698)	[1]	2,312	[1]
Cash from (used for) investing activities	607	[1]	2,439	[1]	(9,403)	[1]
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	(595)	[1]	(987)	[1]	1,808	[1]
Newly issued debt (maturities longer than 90 days)	31	[1]	6,570	[1]	16,267	[1]
Repayments and other reductions (maturities longer than 90 days)	(6,458)	[1]	(1,023)	[1]	(5,579)	[1]
Capital contribution from GE to GE Capital	0	[1]	0	[1]	0	[1]
Net dispositions (purchases) of GE shares for treasury	29	[1]	(17)	[1]	(2,550)	[1]
Dividends paid to shareholders	(352)	[1]	(4,179)	[1]	(8,355)	[1]
All other financing activities	(312)	[1]	1,107	[1]	290	[1]
Cash from (used for) financing activities – continuing operations	(7,658)	[1]	1,470	[1]	1,881	[1]
Cash from (used for) financing activities – discontinued operations	(368)	[1]	(4,462)	[1]	3,534	[1]
Cash from (used for) financing activities	(8,026)	[1]	(2,992)	[1]	5,415	[1]
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	(56)	[1]	(494)	[1]	444	[1]
Increase (decrease) in cash, cash equivalents and restricted cash	(2,911)	[1]	1,706	[1]	7,739	[1]
Cash, cash equivalents and restricted cash at beginning of year	20,528	[1]	18,822	[1]	11,083	[1]
Cash, cash equivalents and restricted cash at end of year	17,617	[1]	20,528	[1]	18,822	[1]
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	4	[1]	3,896	[1]	7,144	[1]
Cash, cash equivalents and restricted cash of continuing operations at end of year	17,613	[1]	16,632	[1]	11,678	[1]
Supplemental disclosure of cash flows information
Cash paid during the year for interest	(1,975)	[1]	(2,201)	[1]	(2,347)	[1]
Sale of discontinued operations
Cash flows – investing activities
Proceeds from sale of businesses	5,864		29		1,464
Sale of discontinued operations | GE Capital
Cash flows – investing activities
Proceeds from sale of businesses	0		29		1,464
Sale of discontinued operations | GE
Cash flows – investing activities
Proceeds from sale of businesses	5,864	[1]	0	[1]	0	[1]
Principal business dispositions
Cash flows – investing activities
Proceeds from sale of businesses	4,683		8,425		3,208
Principal business dispositions | GE Capital
Cash flows – investing activities
Proceeds from sale of businesses	3,938		2,011		0
Principal business dispositions | GE
Cash flows – investing activities
Proceeds from sale of businesses	$ 1,083	[1]	$ 6,047	[1]	$ 3,086	[1]
[1]	Represents the adding together of all GE Industrial affiliates and GE Capital continuing operations on a one-line basis. See Note 1.
[2]	Represents the adding together of all GE Industrial affiliates and the impact of GE Capital dividends on a one-line basis. See Note 1.

STATEMENT OF COMPREHENSIVE INCO

STATEMENT OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (4,912)	$ (22,443)	$ (8,849)
Less net earnings (loss) attributable to noncontrolling interests	66	(89)	(365)
Net earnings (loss) attributable to the Company	(4,979)	(22,355)	(8,484)
Investment securities	100	64	(776)
Currency translation adjustments	1,275	(1,664)	2,178
Cash flow hedges	36	(51)	51
Benefit plans	1,229	1,416	2,782
Other comprehensive income (loss)	2,641	(235)	4,236
Less other comprehensive income (loss) attributable to noncontrolling interests	(40)	(225)	51
Other comprehensive income (loss) attributable to the Company	2,681	(10)	4,184
Comprehensive income (loss)	(2,272)	(22,678)	(4,613)
Less comprehensive income (loss) attributable to noncontrolling interests	26	(314)	(314)
Comprehensive income (loss) attributable to the Company	$ (2,297)	$ (22,364)	$ (4,300)

STATEMENT OF CHANGES IN SHAREHO

STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Millions	Total		AOCI attributable to parent	Investment securities	Currency translation adjustments	Cash flow hedges	Benefit plans	Other capital	Retained earnings	Common stock held in treasury	Baker Hughes	Transportation
Beginning balance at Dec. 31, 2016			$ (18,588)	$ 674	$ (6,806)	$ 12	$ (12,469)	$ 37,224	$ 133,857	$ (83,038)
Increase (Decrease) in Stockholders' Equity
Other comprehensive income (loss)	$ 4,236			(777)	2,145	50	2,766
Gains (losses) on treasury stock dispositions and other								(304)
Stock-based compensation								358
Changes in other capital								106
Net earnings (loss) attributable to the Company	(8,484)								(8,484)
Dividends and other transactions with shareowners									(8,130)
Changes in accounting (Note 1)									2
Purchases										(3,849)
Dispositions										1,985
Ending balance at Dec. 31, 2017	73,499	[1]	(14,404)	(102)	(4,661)	62	(9,702)	37,384	117,245	(84,902)
Increase (Decrease) in Stockholders' Equity
Total equity balance decreased	(43,638)
Reduction of noncontrolling interest balance	15,836
Gain (loss) on disposals, net of taxes	128										$ 0	$ 0
Preferred stock issued	6
Common stock issued	702
GE shareholders' equity balance	56,031
Noncontrolling interests	17,468
Other comprehensive income (loss)	(235)			63	(1,472)	(49)	1,448
Gains (losses) on treasury stock dispositions and other								(759)
Stock-based compensation								413
Changes in other capital								(1,534)
Net earnings (loss) attributable to the Company	(22,355)								(22,355)
Dividends and other transactions with shareowners									(4,042)
Changes in accounting (Note 1)									2,261
Purchases										(268)
Dispositions										1,244
Ending balance at Dec. 31, 2018	51,481	[1]	(14,414)	(39)	(6,134)	13	(8,254)	35,504	93,109	(83,925)
Increase (Decrease) in Stockholders' Equity
Non-cash after-tax goodwill impairment charge	(22,371)
Gain (loss) on disposals, net of taxes	3										0	0
Preferred stock issued	6
Common stock issued	702
GE shareholders' equity balance	30,981
Noncontrolling interests	20,500
Other comprehensive income (loss)	2,641			100	1,315	35	1,231
Gains (losses) on treasury stock dispositions and other								(925)
Stock-based compensation								475
Changes in other capital								(649)
Net earnings (loss) attributable to the Company	(4,979)								(4,979)
Dividends and other transactions with shareowners									(766)
Changes in accounting (Note 1)									368
Purchases										(57)
Dispositions										1,186
Ending balance at Dec. 31, 2019	29,861	[1]	$ (11,732)	$ 61	$ (4,818)	$ 49	$ (7,024)	$ 34,405	$ 87,732	$ (82,797)
Increase (Decrease) in Stockholders' Equity
Gain (loss) on disposals, net of taxes	(5,675)										$ (8,238)	$ 2,508
Preferred stock issued	6
Common stock issued	702
GE shareholders' equity balance	28,316
Noncontrolling interests	$ 1,545
[1]	Total equity balance decreased by $(43,638) million from December 31, 2017, primarily due to non-cash after-tax goodwill impairment charge of $(22,371) million in 2018, reduction of noncontrolling interest balance of $(15,836) million attributable to Baker Hughes Class A shareholders at December 31, 2017 and after-tax loss of $(8,238) million in discontinued operations due to deconsolidation of Baker Hughes in 2019, partially offset by after-tax gain of $2,508 million in discontinued operations due to spin-off and subsequent merger of our Transportation business with Wabtec in 2019.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES FINANCIAL STATEMENT PRESENTATION. We present our financial statements in a three-column format, which allows investors to see our GE industrial operations separately from our financial services operations. We believe that this provides useful supplemental information to our consolidated financial statements. To the extent that we have transactions between GE and GE Capital, these transactions are made on arm's length terms, are reported in the respective columns of our financial statements and are eliminated in consolidation. See Note 25 for further information. Our financial statements are prepared in conformity with U.S. generally accepted accounting principles (GAAP), which requires us to make estimates based on assumptions about current, and for some estimates, future, economic and market conditions which affect reported amounts and related disclosures in our financial statements. Although our current estimates contemplate current and expected future conditions, it is reasonably possible that actual conditions could differ from our expectations, which could materially affect our results of operations and financial position. We have reclassified certain prior-year amounts to conform to the current-year’s 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 consolidated financial statements relates to continuing operations. Certain of our operations have been presented as discontinued. We present businesses whose disposal represents a strategic shift that has, or will have, a major effect on our operations and financial results as discontinued operations when the components meet the criteria for held for sale, are sold, or spun-off. See Note 2 for further information. CONSOLIDATION. Our financial statements consolidate all of our affiliates, entities where we have a controlling financial interest, most often because we hold a majority voting interest, or where we are required to apply the variable interest entity (VIE) model because we have the power to direct the most economically significant activities of entities. We reevaluate whether we have a controlling financial interest in all entities when our rights and interests change. REVENUES FROM THE SALE OF EQUIPMENT Performance Obligations Satisfied Over Time. We recognize revenue on agreements for the sale of customized goods including power generation equipment, long-term construction projects and military development contracts on an over-time basis as we customize the customer's equipment during the manufacturing or integration process and obtain right to payment for work performed. We recognize revenue as we perform under the arrangements using the percentage of completion method which is based on our costs incurred to date relative to our estimate of total expected costs. Our estimate of costs to be incurred to fulfill our promise to a customer is based on our history of manufacturing or constructing similar assets for customers and is updated routinely to reflect changes in quantity or pricing of the inputs. We provide for potential losses on these agreements when it is probable that we will incur the loss. Our billing terms for these over-time contracts are generally based on achieving specified milestones. The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. See Note 9 for further information. Performance Obligations Satisfied at a Point in Time. We recognize revenue on agreements for non-customized equipment including commercial aircraft engines, healthcare equipment and other goods we manufacture on a standardized basis for sale to the market at the point in time that the customer obtains control of the good, which is generally no earlier than when the customer has physical possession of the product. We use proof of delivery for certain large equipment with more complex logistics, whereas the delivery of other equipment is estimated based on historical averages of in-transit periods (i.e., time between shipment and delivery). Where arrangements include customer acceptance provisions based on seller or customer-specified objective criteria, we recognize revenue when we have concluded that the customer has control of the goods and that acceptance is likely to occur. We do not provide for anticipated losses on point-in-time transactions prior to transferring control of the equipment to the customer. Our billing terms for these point-in-time equipment contracts generally coincide with delivery to the customer; however, within certain businesses, we receive progress collections from customers for large equipment purchases, to generally reserve production slots. REVENUES FROM THE SALE OF SERVICES. Consistent with our Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) discussion and the way we manage our businesses, we refer to sales under service agreements, which includes both goods (such as spare parts and equipment upgrades) and related services (such as monitoring, maintenance and repairs) as sales of “services,” which is an important part of our operations. We sometimes offer our customers financing discounts for the purchase of certain GE products when sold in contemplation of long-term service agreements. These sales are accounted for as financing arrangements when payments for the products are collected through higher usage-based fees from servicing the equipment. See Note 9 for further information. Performance Obligations Satisfied Over Time. We enter into long-term service agreements with our customers primarily within our Aviation and Power segments. These agreements require us to provide preventative maintenance, overhauls, and standby "warranty-type" services that include certain levels of assurance regarding asset performance and uptime throughout the contract periods, which generally range from 5 to 25 years . We account for items that are integral to the maintenance of the equipment as part of our performance obligation, unless the customer has a substantive right to make a separate purchasing decision (e.g., equipment upgrade). We recognize revenue as we perform under the arrangements using the percentage of completion method which is based on our costs incurred to date relative to our estimate of total expected costs. Throughout the life of a contract, this measure of progress captures the nature, timing and extent of our underlying performance activities as our stand-ready services often fluctuate between routine inspections and maintenance, unscheduled service events and major overhauls at pre-determined usage intervals. We provide for potential losses on these agreements when it is probable that we will incur the loss. Contract modifications that extend or revise contract terms are not uncommon and generally result in our recognizing the impact of the revised terms prospectively over the remaining life of the modified contract (i.e., effectively like a new contract). Our billing terms for these arrangements are generally based on the utilization of the asset (e.g., per hour of usage) or upon the occurrence of a major maintenance event within the contract, such as an overhaul. The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. See Note 9 for further information. We also enter into long-term services agreements in our Healthcare and Renewable Energy segments. Revenues are recognized for these arrangements on a straight-line basis consistent with the nature, timing and extent of our services, which primarily relate to routine maintenance and as needed product repairs. We generally invoice periodically as services are provided. Performance Obligations Satisfied at a Point in Time. We sell certain tangible products, largely spare parts, through our services businesses. We recognize revenues and bill our customers at the point in time that the customer obtains control of the good, which is at the point in time we deliver the spare part to the customer . COLLABORATIVE ARRANGEMENTS. Our Aviation business enters into collaborative arrangements and joint ventures with manufacturers and suppliers of components used to build and maintain certain engines. Under these arrangements, GE and its collaborative partners share in the risks and rewards of these programs through various revenue, cost and profit sharing payment structures. GE recognizes revenue and costs for these arrangements based on the scope of work GE is responsible for transferring to its customers. GE’s payments to participants are primarily recorded as either cost of services sold ( $1,939 million , $1,809 million and $1,884 million for the years ended December 31, 2019, 2018 and 2017, respectively) or as cost of goods sold ( $2,974 million , $3,097 million and $2,806 million for the years ended December 31, 2019, 2018 and 20 17, respectively). Our most significant collaborative arrangement is with Safran Aircraft engines, a subsidiary of Safran Group of France, which sells LEAP and CFM56 engines through CFM International, a jointly owned company. GE makes substantial sales of parts and services to CFM International based on arm's length terms. GE CAPITAL REVENUES FROM SERVICES. We use the interest method to recognize income on loans. Interest on loans includes origination, commitment and other non-refundable fees related to funding (recorded in earned income on the interest method). We stop accruing interest at the earlier of the time at which collection of an account becomes doubtful or the account becomes 90 days past due. Previously recognized interest income that was accrued but not collected from the borrower is reversed, unless the terms of the loan agreement permit capitalization of accrued interest to the principal balance. Payments received on nonaccrual loans are applied to reduce the principal balance of the loan. We resume accruing interest on nonaccrual loans only when payments are brought current according to the loan’s original terms and future payments are reasonably assured. We recognize financing lease income on the interest method to produce a level yield on funds not yet recovered. Estimated unguaranteed residual values are based upon management's best estimates of the value of the leased asset at the end of the lease term. We use various sources of data in determining these estimates, including information obtained from third parties, which is adjusted for the attributes of the specific asset under lease. Guarantees of residual values by unrelated third parties are included within minimum lease payments. Significant assumptions we use in estimating residual values include estimated net cash flows over the remaining lease term, anticipated results of future remarketing, and estimated future component part and scrap metal prices, discounted at an appropriate rate. We recognize operating lease income on a straight-line basis over the terms of underlying leases. SALES OF BUSINESS INTERESTS IN WHICH WE LOSE CONTROL. Gains or losses on sales of affiliate shares that result in our loss of a controlling financial interest are recorded in earnings . If we retain a noncontrolling interest in our former affiliate, we initially record our investment at fair value, and any subsequent adjustments to the carrying value of the investment are recorded in earnings. SALES OF BUSINESS INTERESTS IN WHICH WE RETAIN CONTROL. Gains or losses on sales of affiliate shares where we retain a controlling financial interest are recorded in equity. 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 classified as available-for-sale investment securities. Restricted cash primarily comprised collateral for receivables sold and funds restricted in connection with certain ongoing litigation matters and amounted to $589 million and $388 million at December 31, 2019 and December 31, 2018, respectively. INVESTMENT SECURITIES. We report investments in available-for-sale debt securities and certain equity securities at fair value. Unrealized gains and losses on available-for-sale debt securities are recorded to other comprehensive income, net of applicable taxes and adjustments related to our insurance liabilities. Unrealized gains and losses on equity securities with readily determinable fair values are recorded to earnings. 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. We regularly review investment securities for impairment. For debt securities, if we do not intend to sell the security or it is not more likely than not that we will be required to sell the security before recovery of our amortized cost, we evaluate qualitative criteria, such as the financial health of and specific prospects for the issuer, to determine whether we do not expect to recover the amortized cost basis of the security. We also evaluate quantitative criteria including determining whether there has been an adverse change in expected future cash flows. If we do not expect to recover the entire amortized cost basis of the security, we consider the security to be other-than-temporarily impaired (OTTI), and we record the difference between the security’s amortized cost basis and its recoverable amount in earnings and the difference between the security’s recoverable amount and fair value in other comprehensive income. If we intend to sell the security or it is more likely than not we will be required to sell the security before recovery of its amortized cost basis, the security is also considered OTTI, and we recognize the entire difference between the security’s amortized cost basis and its fair value in earnings. See Note 3 for further information. CURRENT RECEIVABLES. Amounts due from customers arising from the sales of products and services are recorded at the outstanding amount, less allowance for losses. We regularly monitor the recoverability of our receivables. See Note 4 for further information. FINANCING RECEIVABLES. Our financing receivables portfolio consists of a variety of loans and leases, including both larger-balance, non-homogeneous loans and leases and smaller-balance homogeneous loans and leases. We routinely evaluate our entire portfolio for potential specific credit or collection issues that might indicate an impairment. Losses on financing receivables are recognized when they are incurred, which requires us to make our best estimate of probable losses inherent in the portfolio. See Note 5 for further information. INVENTORIES. All inventories are stated at lower of cost or realizable values. Cost of inventories is primarily determined on a first-in, first-out (FIFO) basis. See Note 6 for further information. PROPERTY, PLANT AND EQUIPMENT. The cost of GE property, plant and equipment is generally depreciated on a straight-line basis over its estimated economic life. The cost of GE Capital equipment leased to others on operating leases is depreciated on a straight-line basis to estimated residual value over the lease term or over the estimated economic life of the equipment. See Note 7 for further information. 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. 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 a straight-line expense recognition in the Statement of Earnings. A ROU asset and lease liability is not recognized for leases with an initial term of 12 months or less and we recognize lease expense for these leases on a straight-line basis over the lease term. We test ROU assets at least annually for impairment or whenever events or changes in circumstance indicate that the asset may be impaired. 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 Statement of Financial Position. Finance lease receivables are tested for impairment as described in the Financing Receivables section above. See Notes 5 and 7 for further information. GOODWILL AND OTHER INTANGIBLE ASSETS. We test goodwill at least annually for impairment at the reporting unit level. A reporting unit is the operating segment, or one level below that operating segment (the component level) if discrete financial information is prepared and regularly reviewed by segment management. However, components are aggregated as a single reporting unit if they have similar economic characteristics. We recognize an impairment charge if the carrying amount of a reporting unit exceeds its fair value and the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill. When a portion of a reporting unit is disposed, goodwill is allocated to the gain or loss on disposition based on the relative fair values of the business or businesses disposed and the portion of the reporting unit that will be retained. For other intangible assets that are not deemed indefinite-lived, cost is generally amortized on a straight-line basis over the asset’s estimated economic life, except for individually significant customer-related intangible assets that are amortized in relation to total related sales. Amortizable intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the related carrying amounts may not be recoverable. In these circumstances, they are tested for impairment based on undiscounted cash flows and, if impaired, written down to estimated fair value based on either discounted cash flows or appraised values. See Note 8 for further information. ASSOCIATED COMPANIES. For unconsolidated entities over which we have significant influence and have not elected the fair value option, we account for our interest as equity method investments, and our investments in, and advances to, associated companies are presented on a one-line basis in All other assets in our consolidated Statement of Financial Position, net of any impairment. We evaluate our equity method investments for impairment whenever events or changes in circumstance indicate that the carrying amounts of such investments may not be recoverable. If a decline in the value of an equity method investment is determined to be other than temporary, a loss is recorded in earnings in the current period. Our share of the results of associated companies are presented on a one-line basis in Other income within continuing operations in our consolidated Statement of Earnings (Loss). See Note 10 for further information. Where we adopt the fair value option for our investment in an associated company, our investment in and any advances to are recorded in Investment securities in our consolidated Statement of Financial Position and any subsequent changes in fair value are recognized in Other income within continuing operations in our consolidated Statement of Earnings (Loss). See Note 3 for further information. DERIVATIVES AND HEDGING. We use derivatives to manage a variety of risks, including risks related to interest rates, foreign exchange and commodity prices. Accounting for derivatives as hedges requires that, at inception and over the term of the arrangement, the hedged item and related derivative meet the requirements for hedge accounting. In evaluating whether a particular relationship qualifies for hedge accounting, we test effectiveness at inception and each reporting period thereafter by determining whether changes in the fair value of the derivative offset, within a specified range, changes in the fair value of the hedged item. If fair value changes fail this test, we discontinue applying hedge accounting to that relationship prospectively. Fair values of both the derivative instrument and the hedged item are calculated using internal valuation models incorporating market-based assumptions, subject to third-party confirmation, as applicable. See Note 21 for further information. DEFERRED INCOME TAXES. Deferred income tax balances reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax bases, as well as from net operating loss and tax credit carryforwards, and are stated at enacted tax rates expected to be in effect when those taxes are paid or recovered. Deferred income tax assets represent amounts available to reduce income taxes payable on taxable income in future years. We evaluate the recoverability of these future tax deductions and credits by assessing the adequacy of future expected taxable income from all sources, including reversal of taxable temporary differences, forecasted operating earnings and available tax planning strategies. To the extent we consider it more likely than not that a deferred tax asset will not be recovered, a valuation allowance is established. Deferred taxes, as needed, are provided for our investment in affiliates and associated companies when we plan to remit those earnings. See Note 15 for further information. BUSINESSES AND ASSETS HELD FOR SALE. Businesses and assets held for sale represent components that meet accounting requirements to be classified as held for sale and are presented as single asset and liability amounts in our financial statements with a valuation allowance, if necessary, to recognize the net carrying amount at the lower of cost or fair value, less cost to sell. Financing receivables that no longer qualify to be presented as held for investment are classified as assets held for sale and recognized in our financial statements at the lower of cost or fair value, less cost to sell, with that amount representing a new cost basis at the date of transfer . The determination of fair value for businesses and assets held for sale involves significant judgments and assumptions. Development of estimates of fair values in this circumstance is complex and is dependent upon, among other factors, the nature of the potential sales transaction (for example, asset sale versus sale of legal entity), composition of assets and/or businesses in the disposal group, the comparability of the disposal group to market transactions and negotiations with third-party purchasers. Such factors bear directly on the range of potential fair values and the selection of the best estimates. Key assumptions were developed based on market observable data and, in the absence of such data, internal information that is consistent with what market participants would use in a hypothetical transaction . We review all businesses and assets held for sale each reporting period to determine whether the existing carrying amounts are fully recoverable in comparison to estimated fair values, less cost to sell. See Note 2 for further information. INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS. Our run-off insurance operations include providing insurance and reinsurance for life and health risks and providing certain annuity products. Primary product types include long-term care, structured settlement annuities, life and disability insurance contracts and investment contracts. Insurance contracts are contracts with significant mortality and/or morbidity risks, while investment contracts are contracts without such risks. For traditional long-duration insurance contracts, we report premiums as revenue when due. Premiums received on non-traditional long-duration insurance contracts and investment contracts, including annuities without significant mortality risk, are not reported as revenues but rather as deposit liabilities. We recognize revenues for charges and assessments on these contracts, mostly for mortality, contract initiation, administration and surrender. Amounts credited to policyholder accounts are charged to expense. Liabilities for traditional long-duration insurance contracts includes both future policy benefit reserves and claims reserves. Future policy benefit reserves represent the present value of future policy benefits less the present value of future gross premiums based on actuarial assumptions. Liabilities for investment contracts equal the account value, that is, the amount that accrues to the benefit of the contract or policyholder including credited interest and assessments through the financial statement date. Claim reserves are established when a claim is incurred or is estimated to have been incurred and represents our best estimate of the present value of the ultimate obligations for future claim payments and claim adjustments expenses. 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 offsetting after-tax reduction to net unrealized gains recorded in other comprehensive income. See Note 12 for further information. 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. We use a December 31 measurement date for these plans. On our consolidated Statement of Financial Position, we measure our plan assets at fair value and the obligations at the present value of the estimated payments to plan participants. Participants earn benefits based on their service and pay. Those estimated future payment amounts are determined based on assumptions. Differences between our actual results and what we assumed are recorded in a separate component of equity each period. These differences are amortized into earnings over the remaining average future service of active employees or the expected life of inactive participants, as applicable, who participate in the plan. See Note 13 for further information. LOSS CONTINGENCIES. Loss contingencies are uncertain and unresolved matters that arise in the ordinary course of business and result from events or actions by others that have the potential to result in a future loss. Such contingencies include, but are not limited to environmental obligations, litigation, regulatory investigations and proceedings, product quality and losses resulting from other events and developments. When a loss is considered probable and reasonably estimable, we record a liability in the amount of our best estimate for the ultimate loss. When there appears to be a range of possible costs with equal likelihood, liabilities are based on the low-end of such range. Disclosure is provided for material loss contingencies when a loss is probable but a reasonable estimate cannot be made, and when it is reasonably possible that a loss will be incurred or when it is reasonably possible that the amount of a loss will exceed the recorded provision. We regularly review contingencies to determine whether the likelihood of loss has changed and to assess whether a reasonable estimate of the loss or range of loss can be made. See Note 23 for further information. SUPPLY CHAIN FINANCE PROGRAMS. We evaluate supply chain finance programs to ensure where we use a third-party intermediary to settle our trade payables, their involvement does not change the nature, existence, amount, or timing of our trade payables and does not provide the Company with any direct economic benefit. If any characteristics of the trade payables change or we receive a direct economic benefit, we reclassify the trade payables as borrowings. FAIR VALUE MEASUREMENTS. The following sections describe the valuation methodologies we use to measure financial and non-financial instruments accounted for at fair value including certain assets within our pension plans and retiree benefit plans. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. These inputs establish a fair value hierarchy: Level 1 – Quoted prices for identical instruments in active markets. Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 – Significant inputs to the valuation model are unobservable. RECURRING FAIR VALUE MEASUREMENTS. For financial assets and liabilities measured at fair value on a recurring basis, primarily investment securities and derivatives, fair value is the price we would receive to sell an asset or pay to transfer a liability in an orderly transaction with a market participant at the measurement date. In the absence of active markets for the identical assets or liabilities, such measurements involve developing assumptions based on market observable data and, in the absence of such data, internal information that is consistent with what market participants would use in a hypothetical transaction that occurs at the measurement date. See Note 20 for further information. Debt Securities. When available, we use quoted market prices to determine the fair value of debt securities which are included in Level 1. For our remaining debt securities, we obtain pricing information from an independent pricing vendor. The inputs and assumptions to the pricing vendor’s models are derived from market observable sources including benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities, bids, offers and other market-related data. These investments are included in Level 2. Our pricing vendors may also provide us with valuations that are based on significant unobservable inputs, and in those circumstances, we classify the investment securities in Level 3. Annually, we conduct reviews of our primary pricing vendor to validate that the inputs used in that vendor’s pricing process are deemed to be market observable as defined in the standard. We believe that the prices received from our pricing vendor are representative of prices that would be received to sell the assets at the measurement date (exit prices) and are classified appropriately in the hierarchy. We use non-binding broker quotes and other third-party pricing services as our primary basis for valuation when there is limited, or no, relevant market activity for a specific instrument or for other instruments that share similar characteristics. Debt securities priced in this manner are included in Level 3. Equity securities with readily determinable fair

BUSINESSES HELD FOR SALE AND DI

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS	12 Months Ended
	Dec. 31, 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 and Athene Holding Ltd. The sale of a substantial portion of the assets and liabilities was completed in the fourth quarter for proceeds of $3,575 million , and we recognized a pre-tax gain of $50 million . As of December 31, 2019, we had remaining assets of $241 million (including Cash, cash equivalents and restricted cash of $45 million ) and liabilities of $52 million for this business classified as held for sale. We expect to complete the sale of these remaining assets in the first half of 2020. 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 , subject to certain adjustments. As of December 31, 2019, we had assets of $8,742 million (including goodwill of $5,549 million ) and liabilities of $1,372 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 2018, we signed an agreement to sell Energy Financial Services' (EFS) debt origination business within our Capital segment, to Starwood Property Trust, Inc. The sale was completed for proceeds of $2,011 million and we recognized a pre-tax gain of $288 million . In November 2017, the Company announced its intention to exit approximately $20 billion of industrial assets. Since this announcement, we have 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 , re cognized a pre-tax gain of $214 million in 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. In addition, we recorded an additional valuation allowance of $254 million for the remaining businesses in held for sale. As of December 31, 2019, we have closed the sale of substantially all of these assets in accordance with the plan. FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE December 31 (In millions) 2019 2018 Current receivables $ 499 $ 184 Inventories 712 529 Financing receivables held for sale 197 — Property, plant, and equipment – net and Operating leases 958 423 Goodwill and Other intangible assets - net 6,286 884 Valuation allowance (719 ) (1,013 ) Deferred income taxes 815 — All other assets 400 622 Assets of businesses held for sale $ 9,149 $ 1,629 Accounts payable & Progress collections and deferred income $ 843 $ 428 Non-current compensation and benefits 466 152 All other liabilities 349 128 Liabilities of businesses held for sale $ 1,658 $ 708 DISCONTINUED OPERATIONS. Discontinued operations include our Baker Hughes and Transportation segments and certain assets and liabilities from legacy financial services businesses. Results of operations, financial position and cash flows for these businesses are reported as discontinued operations for all periods presented. 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 certain deal related costs), 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 its results to discontinued operations for all periods presented and recognized a loss of $8,715 million ( $8,238 million after-tax). 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 $9,587 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 $706 million . Our investment is recorded in Investment securities in our consolidated Statement of Financial Position and related earnings or loss from subsequent changes in fair value will be recognized in 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. They also participated in GE Capital's supply chain finance program up to the date of separation. In addition, in the fourth quarter of 2019, we formed an aeroderivative joint venture (JV) with Baker Hughes relating to their respective aeroderivative gas turbine products and services. The JV has total assets net of liabilities of $613 million and is currently consolidated by GE. Since the date of the transaction, we had sales and purchases of products and services with Baker Hughes and affiliates of $312 million and $105 million , respectively. We have collected net cash of $1,016 million from Baker Hughes related to these activities, including $494 million of repayments on the promissory note. In addition, in the fourth quarter of 2019 we received a dividend of $68 million from Baker Hughes. 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, our shareholders received shares of Wabtec common stock representing an approximate 24.3% ownership interest in Wabtec common stock. We 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, we are 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 decrease in additional paid in capital was net of $940 million of taxes, including $860 million of current taxes (of which $693 million was related to U.S. federal taxes). 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 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 on April 10, 2015, to reduce the size of our financial services businesses) and were previously reported in our Capital segment. These discontinued operations primarily comprise our mortgage portfolio in Poland, residual assets and liabilities related to our exited U.S. mortgage business (WMC), 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 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 15 for further information. RESULTS OF DISCONTINUED OPERATIONS For the year ended December 31, 2019 (In millions) Baker Hughes Transportation and Other GE Capital Total Sales of goods and services $ 16,047 $ 550 $ — $ 16,598 GE Capital revenues and other income (loss) — — 33 33 Cost of goods and services sold (13,317 ) (478 ) — (13,795 ) Other costs and expenses (2,390 ) (19 ) (240 ) (2,650 ) — Earnings (loss) of discontinued operations before income taxes 340 53 (207 ) 186 Benefit (provision) for income taxes(b) (176 ) (15 ) 344 153 Earnings (loss) of discontinued operations, net of taxes(a) 165 39 136 339 Gain (loss) on disposal before income taxes (8,715 ) 3,471 61 (5,183 ) Benefit (provision) for income taxes(b) 477 (963 ) (5 ) (491 ) Gain (loss) on disposal, net of taxes (8,238 ) 2,508 56 (5,675 ) — Earnings (loss) from discontinued operations, net of taxes $ (8,074 ) $ 2,547 $ 192 $ (5,335 ) For the year ended December 31, 2018 (In millions) Sales of goods and services $ 22,859 $ 3,898 $ — $ 26,757 GE Capital revenues and other income (loss) — — (1,347 ) (1,347 ) Cost of goods and services sold (19,198 ) (2,809 ) — (22,007 ) Other costs and expenses (3,346 ) (607 ) (407 ) (4,360 ) Earnings (loss) of discontinued operations before income taxes 315 482 (1,755 ) (958 ) Benefit (provision) for income taxes(b) (347 ) (143 ) 82 (408 ) Earnings (loss) of discontinued operations, net of taxes(a) (33 ) 339 (1,673 ) (1,366 ) Gain (loss) on disposal before income taxes — — 4 4 Benefit (provision) for income taxes(b) — — (1 ) (1 ) Gain (loss) on disposal, net of taxes — — 3 3 Earnings (loss) from discontinued operations, net of taxes $ (33 ) $ 339 $ (1,670 ) $ (1,363 ) For the year ended December 31, 2017 (In millions) Sales of goods and services $ 17,180 $ 3,935 $ — $ 21,115 GE Capital revenues and other income (loss) — — 174 174 Cost of goods and services sold (14,450 ) (2,990 ) — (17,441 ) Other costs and expenses (2,993 ) (483 ) (910 ) (4,386 ) Earnings (loss) of discontinued operations before income taxes (264 ) 461 (735 ) (538 ) Benefit (provision) for income taxes(b) (59 ) (138 ) 295 97 Earnings (loss) of discontinued operations, net of taxes(a) (323 ) 323 (440 ) (441 ) Gain (loss) on disposal before income taxes — — 306 306 Benefit (provision) for income taxes(b) — — (178 ) (178 ) Gain (loss) on disposal, net of taxes — — 128 128 Earnings (loss) from discontinued operations, net of taxes $ (323 ) $ 323 $ (312 ) $ (312 ) (a) Earnings (loss) of discontinued operations attributable to the Company after income taxes was $279 million , $(1,367) million and $(360) million for the years ended December 31, 2019, 2018 and 2017, respectively. (b) Total tax benefit (provision) for discontinued operations and disposals included current tax benefit (provision) of $1,260 million , $(508) million , and $(704) million , including current U.S. Federal tax benefit (provision) of $1,252 million , $156 million and $(313) million , and deferred tax benefit (provision) of $(1,599) million , $99 million and $624 million for the years ended December 31, 2019, 2018, and 2017, respectively. December 31 (In millions) 2019 2018 Cash, cash equivalents and restricted cash $ 638 $ 4,424 Investment securities 202 522 Current receivables 81 6,258 Inventories — 5,419 Financing receivables held for sale (Polish mortgage portfolio) 2,485 2,745 Property, plant and equipment - net — 7,139 Goodwill and intangible assets - net — 31,622 Deferred income taxes 264 1,174 All other assets 439 4,550 Assets of discontinued operations(a) $ 4,109 $ 63,853 Accounts payable & Progress collections and deferred income $ 40 $ 6,806 All other liabilities 163 12,476 Liabilities of discontinued operations(b) $ 203 $ 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 December 31, 2019 and December 31, 2018 are intercompany tax receivables in the amount of $839 million and $1,141 million , respectively, primarily related to the financial services businesses that were part of the GE Capital Exit Plan, which are offset within All other liabilities of consolidated GE.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 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. Equity securities with readily determinable fair values are included within this caption and changes in their fair value are recorded in earnings. 2019 2018 December 31 (In millions) Amortized Gross Gross Estimated Amortized Gross Gross Estimated Debt U.S. corporate $ 23,037 $ 4,636 $ (11 ) $ 27,661 $ 21,306 $ 2,257 $ (357 ) $ 23,206 Non-U.S. corporate 2,161 260 (1 ) 2,420 1,906 53 (76 ) 1,883 State and municipal 3,086 598 (15 ) 3,669 3,320 367 (54 ) 3,633 Mortgage and asset-backed 3,117 116 (4 ) 3,229 3,325 51 (54 ) 3,322 Government and agencies 1,391 126 — 1,516 1,314 62 (20 ) 1,357 Equity 10,025 — — 10,025 107 — — 107 Total $ 42,816 $ 5,736 $ (31 ) $ 48,521 $ 31,277 $ 2,792 $ (561 ) $ 33,508 The estimated fair values of investment securities at December 31, 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 and a promissory note receivable at fair value. At December 31, 2019, the fair value of our interest in Baker Hughes was $9,888 million . Net unrealized gains (losses) for equity securities, which are recorded in Other income within continuing operations, were $800 million (including a gain of $793 million related to our interest in Baker Hughes), $(8) million and an insignificant amount for the years ended December 31, 2019, 2018 and 2017, respectively. Proceeds from debt and equity securities sales, early redemptions by issuers and principal payments on the Baker Hughes promissory note totaled $7,967 million, $3,222 million and $3,240 million for the years ended December 31, 2019 , 2018 , and 2017 , respectively. Gross realized gains on investment securities were $115 million , $249 million and $243 million , and gross realized losses and impairments were $(203) million , $(41) million and $(24) million for the years ended 2019, 2018 and 2017, respectively. These realized losses included $(132) million related to the Wabtec sale as of December 31, 2019. Gross unrealized losses of $(11) million and $(20) million are associated with debt securities with a fair value of $724 million and $274 million that have been in a loss position for less than 12 months and 12 months or more, respectively, at December 31, 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 investments in available-for-sale debt securities (excluding mortgage and asset-backed securities) at December 31, 2019 are as follows: (In millions) Amortized cost Estimated fair value Due Within one year $ 514 $ 527 After one year through five years 2,615 2,766 After five years through ten years 6,614 7,599 After ten years 19,932 24,374 We expect actual maturities to differ from contractual maturities because borrowers have the right to call or prepay certain obligations. In addition to the equity securities described above, we hold $517 million and $542 million of equity securities without readily determinable fair value at December 31, 2019 and December 31, 2018, respectively that are classified in All other assets in our consolidated Statement of Financial Position. We initially recognize these assets at cost and have recorded insignificant fair value increases, net of impairment, to earnings for the years ended December 31, 2019 and 2018, respectively and cumulatively, based on observable transactions.

CURRENT AND LONG-TERM RECEIVABL

CURRENT AND LONG-TERM RECEIVABLES	12 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
CURRENT AND LONG-TERM RECEIVABLES	NOTE 4. CURRENT AND LONG-TERM RECEIVABLES Consolidated GE December 31 (In millions) 2019 2018 2019 2018 Power $ 4,689 $ 4,652 $ 3,289 $ 2,270 Renewable Energy 2,306 1,938 1,749 1,475 Aviation(a) 3,249 1,483 2,867 1,145 Healthcare 2,105 2,431 1,379 1,260 Corporate 246 238 223 205 Customer receivables 12,594 10,742 9,507 6,355 Sundry receivables 5,049 4,573 5,247 4,569 Allowance for losses (874 ) (670 ) (872 ) (662 ) Total current receivables $ 16,769 $ 14,645 $ 13,883 $ 10,262 (a) Increase in Aviation segment is primarily driven by receivables from Boeing due to 737 MAX temporary fleet grounding, with balance of $1,397 million as of December 31, 2019. 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 December 31, 2019 and 2018, was $ 421 million and $ 468 million, respectively. Sales of GE current customer receivables. GE sales of customer receivables 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. As of December 31, 2019 and 2018, GE sold approximately 51% and 66% , respectively, of its gross customer receivables to GE Capital or third parties. The performance of sold current receivables is similar to the performance of our other GE current receivables; delinquencies are not expected to be significant. Any difference between the carrying value of receivables sold and total cash collected is recognized as financing costs by GE in Interest and other financial charges in our consolidated Statement of Earnings (Loss). Costs of $515 million and $616 million were recognized during the years ended December 31, 2019 and 2018, respectively. Activity related to customer receivables sold by GE is as follows: (In millions) GE Capital Third Parties GE Capital Third Parties 2019 2018 Balance at January 1 $ 4,386 $ 7,880 $ 9,656 $ 5,710 GE sales to GE Capital 40,988 — 50,318 — GE sales to third parties — 6,370 — 5,481 GE Capital sales to third parties (28,073 ) 28,073 (30,904 ) 30,904 Collections and other (14,621 ) (35,567 ) (25,414 ) (34,216 ) Reclassification from long-term customer receivables 407 — 731 — Balance at December 31 $ 3,087 (a) $ 6,757 $ 4,386 (a) $ 7,880 (a) At December 31, 2019 and 2018, $539 million and $ 1,380 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 cash flows from operating activities (CFOA) of claims by GE Capital on receivables sold with recourse has been insignificant for the years ended December 31, 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 and those subsequently sold by GE Capital to third parties, including the effect of business dispositions, decreased GE’s CFOA by $2,099 million , $3,401 million and $138 million in the years ended December 31, 2019 , 2018 and 2017, 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 three years and are included in All other assets in the consolidated Statement of Financial Position. Consolidated GE December 31 (In millions) 2019 2018 2019 2018 Long-term customer receivables $ 906 $ 1,442 $ 506 $ 559 Long-term sundry receivables 1,504 1,180 1,834 1,519 Allowance for losses (128 ) (145 ) (128 ) (145 ) Total long-term receivables $ 2,282 $ 2,477 $ 2,212 $ 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. Through the second quarter of 2018, sales of long-term customer receivables were primarily made to GE Capital, while subsequently, GE has sold an insignificant amount to third parties to transfer economic risk during both the years ended December 31, 2019 and 2018. Activity related to long-term customer receivables purchased by GE Capital is as follows: GE Capital December 31 (In millions) 2019 2018 Balance at January 1 $ 883 $ 1,947 GE sales to GE Capital — 134 Sales, collections, accretion and other (75 ) (468 ) Reclassification to current customer receivables (407 ) (731 ) Balance at December 31(a) $ 400 $ 883 (a) At December 31, 2019 and 2018, $312 million and $628 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 years ended December 31, 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 $585 million , $878 million and increased GE's CFOA by $250 million in the years ended December 31, 2019 , 2018 and 2017, respectively. UNCONSOLIDATED RECEIVABLES FACILITIES . GE Capital has two revolving receivables facilities, with a total program size of $4,300 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 December 2018, we renegotiated the terms of this receivables facility. Effective January 2019, sales of receivables to the third-party purchasers and creation of deferred purchase price occur monthly rather than daily. As a result, both non-cash increases to the deferred purchase price and cash payments received on the deferred purchase price declined in 2019. 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 sales of GE current customer receivables table above and is as follows: For the years ended December 31 (In millions) 2019 2018 Customer receivables sold to receivables facilities $ 21,695 $ 23,984 Total cash purchase price for customer receivables 21,202 18,040 Cash collections re-invested to purchase customer receivables 18,012 15,095 Non-cash increases to deferred purchase price $ 257 $ 5,272 Cash payments received on deferred purchase price 303 5,192 CONSOLIDATED SECURITIZATION ENTITIES . GE Capital consolidates three VIEs that purchased customer receivables and long-term customer receivables from GE. At December 31, 2019 and 2018, these VIEs held current customer receivables of $2,080 million and $2,141 million and long-term customer receivables of $375 million and $678 million , respectively that were funded through the issuance of non-recourse debt to third parties. At December 31, 2019 and 2018, the outstanding debt under their respective debt facilities was $1,655 million and $1,875 million , respectively.

FINANCING RECEIVABLES AND ALLOW

FINANCING RECEIVABLES AND ALLOWANCES	12 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
FINANCING RECEIVABLES AND ALLOWANCES	NOTE 5. FINANCING RECEIVABLES AND ALLOWANCES Consolidated GE Capital December 31 (In millions) 2019 2018 2019 2018 Loans, net of deferred income $ 1,098 $ 5,118 $ 4,927 $ 10,834 Investment in financing leases, net of deferred income 2,070 2,639 2,070 2,822 3,168 7,757 6,996 13,656 Allowance for losses (33 ) (58 ) (17 ) (28 ) Financing receivables – net $ 3,134 $ 7,699 $ 6,979 $ 13,628 Consolidated finance lease income was $173 million , $275 million and $274 million for the years ended December 31, 2019, 2018 and 2017, respectively. NET INVESTMENT IN FINANCING LEASES Total financing leases Direct financing and sales type leases(a) Leveraged leases December 31 ( In millions) 2019 2018 2019 2018 2019 2018 Total minimum lease payments receivable $ 1,628 $ 2,719 $ 799 $ 1,421 $ 829 $ 1,298 Less principal and interest on third-party non-recourse debt (216 ) (474 ) — — (216 ) (474 ) Net minimum lease payments receivable 1,412 2,245 799 1,421 613 824 Less deferred income (178 ) (329 ) (139 ) (286 ) (39 ) (43 ) Discounted lease receivable 1,234 1,916 660 1,135 574 781 Estimated unguaranteed residual value of leased assets, net of deferred income 835 906 412 420 423 486 Investment in financing leases, net of deferred income(b) $ 2,070 $ 2,822 $ 1,072 $ 1,556 $ 997 $ 1,266 (a) Included $506 million and $399 million investment in sales type leases at December 31, 2019 and 2018, respectively. (b) See Note 15 for deferred tax amounts related to financing leases. CONTRACTUAL MATURITIES, DUE IN (In millions) 2020 2021 2022 2023 2024 Thereafter Total Total loans $ 3,832 $ 511 $ 238 $ 113 $ 93 $ 140 $ 4,927 Net minimum lease payments receivable 303 270 194 281 198 166 1,412 We expect actual maturities to differ from contractual maturities, primarily as a result of prepayments. We manage our GE Capital financing receivables portfolio using delinquency and nonaccrual data as key performance indicators. At December 31, 2019, 4.2% , 2.9% and 6.1% 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. 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.

INVENTORIES

INVENTORIES	12 Months Ended
	Dec. 31, 2019
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 6. INVENTORIES December 31 (In millions) 2019 2018 Raw materials and work in process $ 8,771 $ 8,057 Finished goods 5,333 5,746 Total inventories $ 14,104 $ 13,803

PROPERTY, PLANT AND EQUIPMENT A

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES	NOTE 7. PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES Depreciable lives-new Original Cost Net Carrying Value December 31 (Dollars in millions) (in years) 2019 2018 2019 2018 Land and improvements 8 $ 608 $ 700 $ 596 $ 673 Buildings, structures and related equipment 8-40 7,824 8,455 3,875 4,083 Machinery and equipment 4-20 20,082 19,425 8,360 8,048 Leasehold costs and manufacturing plant under construction 1-10 2,165 2,646 1,539 2,024 GE $ 30,680 $ 31,225 $ 14,370 $ 14,828 Land and improvements, buildings, structures and related equipment 1-40 149 $ 153 29 $ 32 Equipment leased to others (ELTO) Aircraft 15-20 35,507 36,476 21,414 22,201 Engines 15-20 4,113 3,234 3,283 2,489 Helicopters 15-20 5,474 5,230 4,709 4,660 All other 15-35 237 209 214 128 GE Capital(a) $ 45,480 $ 45,302 $ 29,649 $ 29,510 Eliminations (972 ) (909 ) (729 ) (728 ) Total $ 75,187 $ 75,618 $ 43,290 $ 43,611 (a) Included $1,539 million and $1,397 million of original cost of assets leased to GE with accumulated amortization of $(251) million and $(241) million at December 31, 2019 and 2018 , respectively. Consolidated depreciation and amortization related to property, plant and equipment was $4,026 million , $4,419 million and $4,332 million for the years ended December 31, 2019 , 2018 and 2017 , respectively. Amortization of GE Capital ELTO was $2,019 million , $2,089 million and $2,190 million for the years ended December 31, 2019 , 2018 and 2017 , respectively. Noncancellable future rentals due from customers for equipment on operating leases at December 31, 2019 , are as follows: (In millions) 2020 2021 2022 2023 2024 Thereafter Total $ 2,982 $ 2,625 $ 2,258 $ 1,820 $ 1,647 $ 5,652 $ 16,985 Operating lease income on our ELTO was $3,804 million , $4,075 million , and $4,144 million for the years ended December 31, 2019, 2018, and 2017, respectively, and comprises fixed lease income of $3,045 million , $3,243 million and $3,395 million and variable lease income of $759 million , $832 million and $748 million , respectively. Operating Lease Assets and Liabilities. Our ROU assets and lease liabilities for operating leases were $2,896 million and $3,162 million , respectively, as of December 31, 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 (In millions) 2019 2018 2017 Long-term (fixed) $ 834 $ 966 $ 1,003 Long-term (variable) 136 177 231 Short-term 206 133 131 Total operating lease expense $ 1,176 $ 1,276 $ 1,365 MATURITY OF LEASE LIABILITIES (In millions) 2020 2021 2022 2023 2024 Thereafter Total Undiscounted lease payments $ 766 $ 655 $ 561 $ 465 $ 375 $ 914 $ 3,737 Less: imputed interest (575 ) Total lease liability as of December 31, 2019 $ 3,162 SUPPLEMENTAL INFORMATION RELATED TO OPERATING LEASES (Dollars in millions) Operating cash flows used for operating leases for the year ended December 31, 2019 $ 888 Right-of-use assets obtained in exchange for new lease liabilities for the year ended December 31, 2019 $ 746 Weighted-average remaining lease term at December 31, 2019 6.9 years Weighted-average discount rate at December 31, 2019 4.9 %

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2019
Business Combinations [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	NOTE 8. GOODWILL AND OTHER INTANGIBLE ASSETS CHANGES IN GOODWILL BALANCES 2018 2019 (In millions) Balance at Dispositions and Impairments Currency exchange and other Balance at Dispositions and classifications to held for sale Impairments Currency exchange and other Balance at Power $ 20,855 $ (1,903 ) $ (18,443 ) $ (369 ) $ 139 $ — $ — $ 6 $ 145 Renewable Energy 7,626 (3 ) (2,859 ) (35 ) 4,730 — (1,486 ) 46 3,290 Aviation 10,008 (12 ) — (158 ) 9,839 — — 20 9,859 Healthcare 17,306 (21 ) — (58 ) 17,226 (5,558 ) — 59 11,728 Capital(a) 984 — — (80 ) 904 (39 ) — (26 ) 839 Corporate(b) 2,042 (81 ) (833 ) 9 1,136 — — (262 ) 873 Total $ 58,821 $ (2,020 ) $ (22,136 ) $ (691 ) $ 33,974 $ (5,597 ) $ (1,486 ) $ (157 ) $ 26,734 (a) Capital balance at December 31, 2019 is our GE Capital Aviation Services (GECAS) business. (b) Corporate balance at December 31, 2019 is our Digital business. 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. 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 units 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 Goodwill impairments in our consolidated Statement of Earnings (Loss). We determined the fair value of the Grid Solutions equipment and services reporting unit using a combination of the market and income approaches. 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 was reflected in these segments in the table above. In the third quarter of 2019, we performed our annual impairment test. Based on the results of this 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 continued 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 $742 million . We determined the fair value of the Hydro reporting unit using the income approach. We recorded the impairment loss in 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 recorded as a result of the Alstom acquisition. Subsequent to this year's third quarter testing, and in order to improve alignment of our annual goodwill impairment testing and strategic planning processes, we changed our annual testing date from the third quarter to the fourth quarter. Therefore, we retested the goodwill at each of our reporting units in the fourth quarter of 2019. Based on the results of this test, the fair value of all our reporting units exceeded their carrying values. 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 December 31, 2019, our Additive reporting unit had goodwill of $1,116 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 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. 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. 2019 2018 INTANGIBLE ASSETS SUBJECT TO AMORTIZATION December 31 (In millions) Gross carrying Accumulated Net Gross carrying Accumulated Net Customer-related(a) $ 6,770 $ (3,070 ) $ 3,701 $ 7,107 $ (2,768 ) $ 4,341 Patents and technology 8,180 (3,730 ) 4,450 9,166 (3,973 ) 5,192 Capitalized software 5,822 (3,651 ) 2,171 5,951 (3,643 ) 2,308 Trademarks & other 737 (406 ) 332 818 (481 ) 337 Total $ 21,510 $ (10,857 ) $ 10,653 $ 23,041 $ (10,865 ) $ 12,178 (a) Balance includes payments made to our customers, primarily within our Aviation business. Intangible assets decreased in the fourth quarter of 2019, primarily as a result of amortization, impairments, and the transfer of BioPharma within our Healthcare segment to held for sale of $542 million . Consolidated amortization expense was $1,569 million , $2,163 million and $1,862 million for the years ended December 31, 2019 , 2018 and 2017 , respectively. Included within amortization expense for the years ended December 31, 2019 and December 31, 2018 were non-cash impairment charges recorded in Corporate and in our Power segment for $103 million and $428 million , respectively. We determined the fair value of these intangible assets using an income approach. These charges were recorded in Selling, general, and administrative expenses in our consolidated Statement of Earnings (Loss). Estimated Consolidated annual pre-tax amortization for intangible assets over the next five calendar years are as follows: ESTIMATED 5 YEAR CONSOLIDATED AMORTIZATION (In millions) 2020 2021 2022 2023 2024 Estimated annual pre-tax amortization $ 1,358 $ 1,274 $ 1,173 $ 1,081 $ 1,107 During 2019, we recorded additions to intangible assets subject to amortization of $664 million with a weighted-average amortizable period of 5.4 years , including capitalized software of $555 million , with a weighted-average amortizable period of 5.2 years .

CONTRACT AND OTHER DEFERRED ASS

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME	12 Months Ended
	Dec. 31, 2019
Contractors [Abstract]
CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME	NOTE 9. CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME Contract and other deferred assets decreased $629 million in 2019. Our long-term service agreements decreased primarily due to billings of $11,508 million and a net unfavorable change in estimated profitability of $124 million at Power and $49 million at Aviation, offset by revenues recognized of $11,082 million . December 31, 2019 (In millions) Power Aviation Renewable Energy Healthcare Other Total Revenues in excess of billings $ 5,342 $ 4,996 $ — $ — $ — $ 10,338 Billings in excess of revenues (1,561 ) (3,719 ) — — — (5,280 ) Long-term service agreements(a) $ 3,781 $ 1,278 $ — $ — $ — $ 5,058 Short-term and other service agreements 190 316 43 169 — 717 Equipment contract revenues(b) 2,508 82 1,217 324 106 4,236 Total contract assets 6,478 1,675 1,260 492 106 10,011 Deferred inventory costs(c) 943 287 1,677 359 — 3,267 Nonrecurring engineering costs(d) 44 2,257 47 35 8 2,391 Customer advances and other(e) — 1,165 — — (32 ) 1,133 Contract and other deferred assets $ 7,465 $ 5,384 $ 2,985 $ 886 $ 82 $ 16,801 December 31, 2018 (In millions) 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(a) $ 3,675 $ 2,115 $ — $ — $ — $ 5,790 Short-term and other service agreements 167 272 — 251 — 690 Equipment contract revenues(b) 2,761 80 1,174 320 64 4,400 Total contract assets 6,603 2,468 1,174 571 64 10,880 Deferred inventory costs(c) 1,003 673 1,267 360 5 3,309 Nonrecurring engineering costs(d) 43 1,916 85 34 17 2,095 Customer advances and other(e) — 1,146 — — — 1,146 Contract and other deferred assets $ 7,650 $ 6,204 $ 2,525 $ 966 $ 87 $ 17,431 (a) Included amounts due from customers at Aviation for the sales of engines, spare parts and services, which we will collect through higher usage-based fees from servicing equipment under long-term service agreements, totaling $1,712 million and $1,562 million as of December 31, 2019 and 2018, respectively. The corresponding discount is recorded within liabilities as Deferred income and amounted to $308 million and $310 million as of December 31, 2019 and 2018, respectively. (b) Included are amounts due from customers at Power for the sale of services upgrades, which we collect through incremental fixed or usage-based fees from servicing the equipment under long-term service agreements, totaling $909 million and $886 million as of December 31, 2019 and 2018, respectively. (c) Represents cost deferral for shipped goods (such as components for wind turbine assemblies within our Renewable Energy segment) and labor and overhead costs on time and material service contracts (primarily originating in Power and Aviation) and other costs for which the criteria for revenue recognition has not yet been met. (d) Included costs incurred prior to production (such as requisition engineering) for equipment production contracts, primarily within our Aviation segment, which are allocated ratably to each unit produced. (e) Included advances to and amounts due from customers at Aviation for the sale of engines, spare parts and services, which we will collect through incremental fees for goods and services to be delivered in future periods, totaling $986 million and $950 million as of December 31, 2019 and 2018, respectively. The corresponding discount is recorded within liabilities as Deferred income and amounted to $256 million and $223 million as of December 31, 2019 and 2018, respectively. PROGRESS COLLECTIONS & DEFERRED INCOME . Progress collections represent cash received from customers under ordinary commercial payment terms in advance of delivery. Progress collections on equipment contracts primarily comprise milestone payments received from customers 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 $1,456 million in 2019 primarily due to milestone payments received primarily at Aviation and Renewable Energy. These increases were partially offset by the timing of revenue recognition in excess of new collections received, primarily at Healthcare and Power. Revenues recognized for contracts included in liability position at the beginning of the year were $11,020 million and $14,960 million for the year ended December 31, 2019 and 2018, respectively. December 31, 2019 (In millions) Power Aviation Renewable Energy Healthcare Other Total Progress collections on equipment contracts $ 5,857 $ 115 $ 1,268 $ — $ — $ 7,240 Other progress collections 413 4,748 4,193 305 189 9,849 Total progress collections $ 6,270 $ 4,863 $ 5,461 $ 305 $ 189 $ 17,089 Deferred income(a) 49 1,528 284 1,647 98 3,606 GE Progress collections and deferred income $ 6,319 $ 6,391 $ 5,745 $ 1,952 $ 287 $ 20,694 December 31, 2018 (In millions) Progress collections on equipment contracts $ 5,536 $ 114 $ 1,325 $ — $ — $ 6,975 Other progress collections 691 4,034 3,557 299 201 8,783 Total progress collections $ 6,227 $ 4,148 $ 4,883 $ 299 $ 201 $ 15,758 Deferred income(a) 112 1,338 260 1,692 79 3,480 GE Progress collections and deferred income $ 6,339 $ 5,486 $ 5,143 $ 1,991 $ 280 $ 19,239 (a) Included in this balance are finance discounts associated with customer advances at Aviation of $564 million and $533 million

ALL OTHER ASSETS

ALL OTHER ASSETS	12 Months Ended
	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
ALL OTHER ASSETS	NOTE 10. ALL OTHER ASSETS December 31 (In millions) 2019 2018 Equity method and other investments (Notes 3 and 26) $ 4,015 $ 4,003 Long-term receivables (Note 4) 2,212 1,933 Prepaid taxes and deferred charges 1,480 1,763 Derivative instruments (Note 21) 211 30 Other 481 849 Total GE $ 8,399 $ 8,578 Equity method and other investments (Notes 3 and 26) $ 2,227 $ 3,097 GECAS pre-delivery payments (Note 23) 2,934 3,086 Assets held for sale 2,294 2,762 Derivative instruments (Note 21) 529 175 Other 664 748 Total GE Capital $ 8,648 $ 9,869 Eliminations (586 ) (90 ) Total Consolidated $ 16,461 $ 18,357

BORROWINGS

BORROWINGS	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
BORROWINGS	NOTE 11. BORROWINGS December 31 (Dollars in millions) 2019 2018 Amount Average Rate Amount Average Rate Commercial paper $ 3,008 1.62 % $ 3,005 1.64 % Current portion of long-term borrowings 766 0.36 60 4.02 Current portion of long-term borrowings assumed by GE 5,473 3.71 4,207 3.76 Other 1,832 2,081 Total GE short-term borrowings $ 11,079 $ 9,354 Current portion of long-term borrowings 11,226 3.01 % 3,984 2.00 % Intercompany payable to GE 2,104 2,684 Other 804 1,015 Total GE Capital short-term borrowings $ 14,134 $ 7,684 Eliminations (3,140 ) (4,262 ) Total short-term borrowings $ 22,072 $ 12,776 Maturities Amount Average Rate Amount Average Rate Senior notes 2022-2044 $ 14,762 2.11 % $ 20,387 2.28 % Senior notes assumed by GE 2021-2054 23,024 4.17 29,218 4.30 Subordinated notes assumed by GE 2021-2037 2,871 3.68 2,836 3.64 Other 324 417 Total GE long-term borrowings $ 40,980 $ 52,858 Senior notes 2021-2042 $ 25,371 3.66 % $ 35,105 3.49 % Subordinated notes 178 165 Intercompany payable to GE 17,038 19,828 Other 626 885 Total GE Capital long-term borrowings $ 43,213 $ 55,982 Eliminations (17,038 ) (19,892 ) Total long-term borrowings $ 67,155 $ 88,949 Non-recourse borrowings of consolidated securitization entities 2020-2021 1,655 1.34 % 1,875 2.05 % Total borrowings $ 90,882 $ 103,599 At December 31, 2019, the outstanding GE Capital borrowings that had been assumed by GE as part of the GE Capital Exit Plan was $31,368 million ( $5,473 million short term and $25,895 million long term), for which GE has an offsetting Receivable from GE Capital of $19,142 million . The difference of $12,226 million ( $3,369 million in short-term borrowings and $8,857 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 2019, GE repaid $1,523 million of maturing intercompany loans from GE Capital. At December 31, 2019, total GE borrowings of $32,917 million comprised GE-issued borrowings of $20,691 million and intercompany loans from GE Capital to GE of $12,226 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 December 31, 2019, the Guarantee applies to $34,683 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, comprising $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 included $1,569 million and $225 million of current portion of long-term borrowings at December 31, 2019 and 2018, respectively. See Notes 4 and 22 for further information. See Note 21 for further information about borrowings and associated interest rate swaps. Long-term debt maturities over the next five years follow. (In millions) 2020 2021 2022 2023 2024 GE excluding assumed debt $ 766 $ 47 $ 4,994 $ 1,360 $ 773 GE Capital debt assumed by GE(a) 5,473 4,685 1,954 2,842 918 GE Capital other debt 11,226 (b) 1,930 2,215 2,418 117 (a) Of these maturities, $3,369 million , $442 million , zero , zero and $528 million for 2020, 2021, 2022, 2023 and 2024 respectively, were effectively transferred to GE through intercompany loans with right of offset. (b) Fixed and floating rate notes of $443 million contain put options with exercise dates in 2020, which have final maturity beyond 2024.

INSURANCE LIABILITIES AND ANNUI

INSURANCE LIABILITIES AND ANNUITY BENEFITS	12 Months Ended
	Dec. 31, 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 operations. December 31, 2019 (In millions) Long-term care insurance contracts Structured settlement annuities & life insurance contracts Other Other adjustments(a) Total Future policy benefit reserves $ 16,755 $ 9,511 $ 183 $ 5,655 $ 32,104 Claim reserves(b) 4,238 252 1,125 5,615 Investment contracts(c) — 1,136 1,055 — 2,191 Unearned premiums and other 30 196 96 — 322 21,023 11,095 2,459 5,655 40,232 Eliminations — — (406 ) — (406 ) Total $ 21,023 $ 11,095 $ 2,053 $ 5,655 $ 39,826 December 31, 2018 (In millions) Future policy benefit reserves $ 16,029 $ 9,495 $ 169 $ 2,247 $ 27,940 Claim reserves(b) 3,917 230 1,178 — 5,324 Investment contracts(c) — 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 Other comprehensive income in our consolidated Statement of Earnings (Loss). (b) Other contracts included claim reserves of $342 million and $346 million related to short-duration contracts at Electric Insurance Company, net of eliminations, at December 31, 2019 and December 31, 2018, respectively. (c) Investment contracts are contracts without significant mortality or morbidity risks. We annually perform premium deficiency testing in the aggregate across our run-off insurance portfolio. We performed 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 reserve activity included incurred claims of $1,873 million , $2,106 million and $2,020 million , of which $(36) million , $(46) million and $135 million related to the recognition of adjustments to prior year claim reserves arising from our periodic reserve evaluation in the years ended December 31, 2019, 2018 and 2017, respectively. Paid claims were $1,626 million , $1,937 million and $1,670 million in the years ended December 31, 2019, 2018 and 2017, respectively. The vast majority of paid claims relate to prior year insured events primarily as a result of the length of time long-term care policyholders remain on claim. When insurance companies cede insurance risk to third parties, such as reinsurers, they are not relieved of their primary obligation to policyholders and cedents. When losses on ceded risks give rise to claims for recovery, we establish allowances for probable losses on such receivables from reinsurers as required. The vast majority of our remaining net reinsurance recoverables are secured by assets held in a trust for which we are the beneficiary. Reinsurance recoverables, net of allowances of $1,355 million and $1,090 million , are included in Other GE Capital receivables in our consolidated Statement of Financial Position, and amounted to $2,416 million and $2,271 million at December 31, 2019 and December 31, 2018, respectively. We recognize reinsurance recoveries as a reduction of Insurance losses and annuity benefits in our consolidated Statement of Earnings (Loss). Reinsurance recoveries were $362 million , $324 million and $454 million for the years ended December 31, 2019, 2018 and 2017, respectively. Statutory accounting practices, not GAAP, determine the required statutory capital levels of our insurance legal entities and, therefore, may affect the amount or timing of capital contributions that may be required from GE Capital to its insurance legal entities. Statutory accounting practices are set forth by the National Association of Insurance Commissioners (NAIC) as well as state laws, regulation and general administrative rules and differ in certain respects from GAAP. The 2018 and 2019 premium deficiency results described above were recorded on a GAAP basis. The adverse impact on our statutory additional actuarial reserves (AAR) arising from our revised assumptions in 2017, including the collectability of reinsurance recoverables, is expected to require GE Capital to contribute approximately $14,500 million additional capital to its run-off insurance operations in 2018-2024. For statutory accounting purposes, the Kansas Insurance Department (KID), approved our request for a permitted accounting practice to recognize the 2017 AAR increase over a seven-year period. GE Capital provided capital contributions to its insurance subsidiaries of $2,000 million , $1,900 million and $3,500 million in the first quarters of 2020, 2019 and 2018, respectively. GE Capital expects to provide further capital contributions of approximately $ 7,000 million through 2024 subject to ongoing monitoring by KID. GE is a party to capital maintenance agreements with its run-off insurance subsidiaries whereby GE will maintain their statutory capital levels at 300%

POSTRETIREMENT BENEFIT PLANS

POSTRETIREMENT BENEFIT PLANS	12 Months Ended
	Dec. 31, 2019
Defined Benefit Plan [Abstract]
POSTRETIREMENT BENEFIT PLANS	NOTE 13. POSTRETIREMENT BENEFIT PLANS PENSION BENEFITS AND RETIREE HEALTH AND LIFE BENEFITS. 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. Smaller pension plans with pension assets or obligations less than $50 million and other retiree benefit plans are not presented. We use a December 31 measurement date for these plans. Principal pension plans represent the GE Pension Plan and the GE Supplementary Pension Plan. The GE Pension Plan is a defined benefit plan that covers approximately 245,500 retirees and beneficiaries, approximately 97,000 vested former employees and approximately 31,500 active employees. This plan has been closed to new participants since 2012. The GE Supplementary Pension Plan is an unfunded plan that provides supplementary benefits to higher-level, longer-service employees. The GE Supplementary Pension Plan annuity benefit has been closed to new participants since 2011 and has been replaced by an installment benefit. Other pension plans in 2019 included 44 U.S. and non-U.S. pension plans with pension assets or obligations greater than $50 million which cover approximately 57,000 retirees and beneficiaries, approximately 54,000 vested former employees and approximately 22,000 active employees. 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. Principal retiree benefit plans cover approximately 176,000 retirees and dependents. In October 2019 , we approved changes to our principal pension plans. The GE Pension Plan benefits for approximately 20,000 employees with salaried benefits will be frozen effective January 1, 2021, and thereafter these employees will receive increased company contributions in the company sponsored defined contribution plan in lieu of participation in a defined benefit plan. As a result, we recognized a non-cash pre-tax curtailment loss of $298 million in the fourth quarter of 2019 as non-operating benefit costs. In addition, the GE Supplementary Pension Plan benefits for approximately 700 employees who became executives before 2011 will be frozen effective January 1, 2021, and thereafter these employees will accrue the installment benefit currently offered to new executives since 2011. The change in the GE Supplementary Pension Plan reduced the projected benefit obligation by $297 million and has been treated as a plan amendment that is being amortized over future periods. As result, we remeasured the pension assets and obligations for the principal pension plans as of October 1, 2019 , which resulted in a net actuarial loss of $4,735 million , which was recorded in Accumulated other comprehensive income. The net actuarial loss was primarily due to a reduction in the discount rate since December 31, 2018 , offset by our asset performance up to the remeasurement date and the impact of the freeze for the GE Pension Plan. Finally, we offered approximately 100,000 former U.S. employees with a vested benefit in the GE Pension Plan a limited-time option to take a lump sum distribution in lieu of future monthly payments. In December 2019 , lump sum distributions of $2,657 million were made from the GE Pension Trust. At December 31, 2019 , we completed our annual year-end measurement of the funded status of the principal pension plans which resulted in a net actuarial gain of $3,898 million which was recorded in Accumulated Other Comprehensive Income. The net actuarial gain was primarily due to the impact of the lump-sum distributions, an increase in the discount rate since the remeasurement date, asset performance in the fourth quarter and updated mortality assumptions. For the year ended December 31, 2019, we recognized a net actuarial loss of $837 million which is a result of a $4,735 million net actuarial loss from remeasurement as of October 1, 2019 and a $3,898 million net actuarial gain from our annual year-end measurement. COST OF OUR BENEFITS PLANS AND ASSUMPTIONS 2019 2018 2017 (Dollars in millions) Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Components of expense (income) Service cost - operating $ 654 $ 246 $ 58 $ 888 $ 323 $ 63 $ 1,055 $ 542 $ 94 Interest cost 2,780 542 202 2,658 548 196 2,856 561 224 Expected return on plan assets (3,428 ) (1,144 ) (21 ) (3,248 ) (1,285 ) (29 ) (3,390 ) (1,176 ) (36 ) Amortization of net actuarial loss (gain) 3,439 319 (118 ) 3,785 312 (79 ) 2,812 418 (80 ) Amortization of prior service cost (credit) 135 3 (232 ) 143 (9 ) (230 ) 290 (5 ) (171 ) Curtailment / settlement loss (gain)(a) 349 13 (38 ) 34 1 — 64 24 4 Non-operating 3,275 (267 ) (207 ) 3,372 (433 ) (142 ) 2,632 (178 ) (59 ) Net periodic expense (income) $ 3,929 $ (21 ) $ (149 ) $ 4,260 $ (110 ) $ (79 ) $ 3,687 $ 364 $ 35 Weighted-average assumptions used to determine benefit obligations Discount rate 3.36 % 1.97 % 3.05 % 4.34 % 2.75 % 4.12 % 3.64 % 2.41 % 3.43 % Compensation increases 2.95 3.16 3.75 3.60 3.16 3.60 3.55 3.09 3.55 Initial healthcare trend rate(b) N/A N/A 5.90 N/A N/A 6.00 N/A N/A 6.00 Weighted-average assumptions used to determine benefit cost Discount rate(c) 4.07 2.75 4.12 3.64 2.41 3.43 4.11 2.55 3.75 Expected rate of return on plan assets 6.75 6.76 7.00 6.75 6.75 7.00 7.50 6.75 7.00 (a) For 2019, principal pension principally the curtailment loss due to GE Pension Plan freeze announced in October 2019. (b) For 2019, ultimately declining to 5% for 2030 and thereafter. (c) Weighted average 2019 discount rate for principal pension was 4.07% . Discount rate was 4.34% for January 1, 2019 through September 30, 2019 and then changed to 3.24% for the remainder of 2019 due to the remeasurement of the plans for the U.S. pension changes announced in October 2019. The components of net periodic benefit costs, other than the service cost component, are included in Non-operating benefit costs in our consolidated Statement of Earnings (Loss). PLAN FUNDED STATUS AND AMOUNTS RECORDED IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) 2019 2018 (in millions) Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Change in benefit obligations Balance at January 1 $ 68,500 $ 21,091 $ 5,153 $ 74,985 $ 23,066 $ 6,006 Service cost 654 246 58 888 323 63 Interest cost 2,780 542 202 2,658 548 196 Participant contributions 77 29 61 90 37 60 Plan amendments (42 ) (a) (17 ) (23 ) — 82 — Actuarial loss (gain) 7,073 (b) 2,422 (e) 275 (e) (6,263 ) (e) (879 ) (e) (593 ) (f) Benefits paid (3,788 ) (1,043 ) (533 ) (3,729 ) (1,002 ) (569 ) Curtailments (838 ) (32 ) (33 ) — (11 ) — Settlements (2,657 ) (c) — — — — — Acquisitions (dispositions) / other - net (3 ) (1,030 ) — (129 ) (90 ) (10 ) Exchange rate adjustments — 713 — — (983 ) — Balance at December 31 $ 71,756 (d) $ 22,921 $ 5,160 (g) $ 68,500 (d) $ 21,091 $ 5,153 (g) Change in plan assets Balance at January 1 50,009 17,537 362 50,361 19,306 518 Actual gain (loss) on plan assets 8,694 2,229 57 (2,996 ) (245 ) (17 ) Employer contributions 298 716 342 6,283 475 370 Participant contributions 77 29 61 90 37 60 Benefits paid (3,788 ) (1,043 ) (533 ) (3,729 ) (1,002 ) (569 ) Settlements (2,657 ) (c) — — — — — Acquisitions (dispositions) / other - net — (1,030 ) — — (185 ) — Exchange rate adjustments — 704 — — (849 ) — Balance at December 31 $ 52,633 $ 19,142 $ 289 $ 50,009 $ 17,537 $ 362 Funded status - deficit(h) $ 19,123 $ 3,779 $ 4,871 $ 18,491 $ 3,554 $ 4,791 Amounts recorded in the consolidated Statement of Financial Position Non-current assets - other — 475 — — 746 — Current liabilities - other (296 ) (123 ) (355 ) (280 ) (117 ) (378 ) Non-current liabilities - compensation and benefits (18,827 ) (4,131 ) (4,516 ) (18,211 ) (4,183 ) (4,413 ) Net amount recorded $ (19,123 ) $ (3,779 ) $ (4,871 ) $ (18,491 ) $ (3,554 ) $ (4,791 ) Amounts recorded in Accumulated other comprehensive income (loss) Prior service cost (credit) 67 (16 ) (2,376 ) 596 7 (2,584 ) Actuarial loss (gain) 7,961 4,665 (833 ) 10,430 3,740 (1,196 ) Total recorded in Accumulated other comprehensive income (loss) $ 8,028 $ 4,649 $ (3,209 ) $ 11,026 $ 3,747 $ (3,780 ) (a) GE Supplementary Pension Plan amendment for the U.S. pension changes announced in October 2019 offset by other plan amendments adopted in 2019. (b) Principally associated with discount rate changes offset by impact of the one-time lump sum payments. (c) Payments made to former employees from the GE Pension Trust for the one-time lump sum payments. (d) The PBO for the GE Supplementary Pension Plan, which is an unfunded plan, was $6,691 million and $6,110 million at year-end 2019 and 2018 , respectively. (e) Principally associated with discount rate changes. (f) Principally due to discount rate changes and favorable cost trends. (g) The benefit obligation for retiree health plans was $3,306 million and $3,425 million at December 31, 2019 and 2018 , respectively. (h) Total unfunded status for principal pension plan, other pension plans and principal retiree benefit plans was $27,773 million and $26,836 million at December 31, 2019 and 2018 , respectively. Of these amounts, $14,340 million and $13,292 million at December 31, 2019 and 2018 , respectively, related to plans that are not subject to regulatory funding requirements and the benefits for these plans are funded as they become due. ASSUMPTIONS USED IN CALCULATIONS. We determine the discount rate using the weighted-average yields on high-quality fixed-income securities that have maturities consistent with the timing of benefit payments. Lower discount rates increase the size of the benefit obligation and generally increase pension expense in the following year; higher discount rates reduce the size of the benefit obligation and generally reduce subsequent-year pension expense. The compensation assumption is used to estimate the annual rate at which pay of plan participants will grow. If the rate of growth assumed increases, the size of the pension obligations will increase, as will the amount recorded in Accumulated other comprehensive income (loss) in our consolidated Statement of Financial Position and amortized into earnings in subsequent periods. The expected return on plan assets is the estimated long-term rate of return that will be earned on the investments used to fund the pension obligations. To determine this rate, we consider the composition of our plan investments, our historical returns earned, and our expectations about the future. Based on our analysis, we have assumed a 6.75% long-term expected return on GE Pension Plan assets for cost recognition in 2019 and 2018 . This is a reduction from the 7.50% we assumed in 2017 . The healthcare trend assumptions apply to our pre-65 retiree medical plans. Our post-65 retiree plan has a fixed subsidy and therefore is not subject to healthcare inflation. We evaluate these assumptions annually. We evaluate other assumptions periodically, such as retirement age, mortality and turnover, and update them as necessary to reflect our actual experience and expectations for the future. Differences between our actual results and what we assumed are recorded in Accumulated other comprehensive income each period. These differences are amortized into earnings over the remaining average future service of active participating employees or the expected life of inactive participants, as applicable. THE COMPOSITION OF OUR PLAN ASSETS. The fair value of our pension plans' investments is presented below. The inputs and valuation techniques used to measure the fair value of these assets are described in Note 1 and have been applied consistently. 2019 2018 (In millions) Principal pension Other pension Principal pension Other pension Global equity $ 6,826 $ 3,484 $ 6,015 $ 4,323 Debt securities Fixed income and cash investment funds 4,398 8,089 2,069 6,320 U.S. corporate(a) 8,025 365 8,734 397 Other debt securities(b) 6,076 424 5,264 472 Real estate 2,309 140 2,218 175 Private equities and other investments 23 452 557 369 Total 27,657 12,954 24,857 12,056 Plan assets measured at net asset value Global equity 14,616 1,450 12,558 1,228 Debt securities 3,744 914 6,400 883 Real estate 1,167 1,930 1,261 1,704 Private equities and other investments 5,449 1,894 4,933 1,666 Total plan assets at fair value $ 52,633 $ 19,142 $ 50,009 $ 17,537 (a) Primarily represented investment-grade bonds of U.S. issuers from diverse industries. (b) Primarily represented investments in residential and commercial mortgage-backed securities, non-U.S. corporate and government bonds and U.S. government, federal agency, state and municipal debt. GE Pension Plan investments with a fair value of $2,838 million and $2,990 million in 2019 and 2018 , respectively, were classified within Level 3 and primarily relate to real estate. The remaining investments were substantially all considered Level 1 and 2. Other pension plans investments with a fair value of $105 million and $116 million in 2019 and 2018 , respectively, were classified within Level 3. Principal retiree benefit plan investments with a fair value of $289 million and $362 million at December 31, 2019 and 2018 , respectively, comprised global equity and debt securities which are considered Level 1 and 2. There were no Level 3 principal retiree benefit plan investments held in 2019 and 2018 . Plan assets that were measured at fair value using NAV as practical expedient were excluded from the fair value hierarchy. ASSET ALLOCATION OF PENSION PLANS 2019 Target allocation 2019 Actual allocation Principal Pension Other Pension (weighted average) Principal Pension Other Pension (weighted average) Global equity 30.0 - 47.0 % 23 % 41 % 27 % Debt securities (including cash equivalents) 21.0 - 65.0 55 42 51 Real estate 3.5 - 13.5 9 7 11 Private equities & other investments 6.0 - 16.0 13 10 11 Plan fiduciaries of the GE Pension Plan set investment policies and strategies for the GE Pension Trust and oversee its investment allocation, which includes selecting investment managers and setting long-term strategic targets. The primary strategic investment objectives are balancing investment risk and return and monitoring the plan’s liquidity position in order to meet the near-term benefit payment and other cash needs. Target allocation percentages are established at an asset class level by plan fiduciaries. Target allocation ranges are guidelines, not limitations, and occasionally plan fiduciaries will approve allocations above or below a target range. GE secu rities represented 0.6% and 0.5% of the GE Pension Trust assets at December 31, 2019 and 2018 , respectively. The GE Pension Plan has a broadly diversified portfolio of investments in equities, fixed income, private equities and real estate; these investments are both U.S. and non-U.S. in nature. The plan utilizes derivatives to implement investment strategies as well as for hedging asset and liability risks. As of December 31, 2019 , no sector concentration of assets exceeded 15% of total GE Pension Plan assets. OUR FUNDING POLICY. Our policy for funding the GE Pension Plan is to contribute amounts sufficient to meet minimum funding requirements under employee benefit and tax laws. We may decide to contribute additional amounts beyond this level. We made contributions of $6,000 million to the GE Pension Plan in 2018 . Our 2018 contributions satisfied our minimum ERISA funding requirement of $1,500 million and the remaining $4,500 million was a voluntary contribution to the plan. This voluntary contribution was sufficient to satisfy our minimum ERISA funding requirement for 2019 and 2020 . In October 2019 , we announced our intent to contribute approximately $4,000 million to $5,000 million to the GE Pension Plan in 2020. We expect this amount to equal our estimated future minimum ERISA funding requirements at least through 2022. We expect to pay approximately $305 million for benefit payments under our GE Supplementary Pension Plan and administrative expenses of our principal pension plans and expect to contribute approximately $500 million to other pension plans in 2020 . We fund retiree health benefits on a pay-as-you-go basis and the retiree life insurance trust at our discretion. We expect to contribute approximately $360 million in 2020 to fund such benefits. EXPECTED FUTURE BENEFIT PAYMENTS OF OUR BENEFIT PLANS (In millions) Principal pension Other pension Principal retiree benefit 2020 $ 3,795 $ 1,030 $ 495 2021 3,875 1,005 475 2022 3,930 1,015 455 2023 3,965 1,035 435 2024 3,980 1,050 415 2025 - 2029 19,965 5,550 1,775 DEFINED CONTRIBUTION PLAN. We have a defined contribution plan for eligible U.S. employees that provides discretionary contributions. Defined contribution costs were $355 million , $410 million and $460 million for the years ended December 31, 2019 , 2018 , and 2017 , respectively. COST OF POSTRETIREMENT BENEFIT PLANS AND CHANGES IN OTHER COMPREHENSIVE INCOME For the years ended December 31 2019 2018 2017 (In millions, pre-tax) Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Cost (income) of postretirement benefit plans $ 3,929 $ (21 ) $ (149 ) $ 4,260 $ (110 ) $ (79 ) $ 3,687 $ 364 $ 35 Changes in other comprehensive income Prior service cost (credit) - current year (42 ) (17 ) (23 ) — 82 — — — (8 ) Actuarial loss (gain) - current year 971 1,252 240 (111 ) 464 (543 ) 474 (639 ) (128 ) Reclassifications out of AOCI Curtailment / settlement gain (loss) (353 ) (12 ) 4 (45 ) (2 ) — (64 ) (20 ) (4 ) Amortization of net actuarial gain (loss) (3,439 ) (319 ) 118 (3,785 ) (312 ) 79 (2,812 ) (418 ) 80 Amortization of prior service credit (cost) (135 ) (3 ) 232 (143 ) 9 230 (290 ) 5 171 Total changes in other comprehensive income (2,998 ) 901 571 (4,084 ) 241 (234 ) (2,692 ) (1,072 ) 111 Cost of postretirement benefit plans and changes in other comprehensive income $ 931 $ 880 $ 422 $ 176 $ 131 $ (313 ) $ 995 $ (708 ) $ 146

CURRENT AND ALL OTHER LIABILITI

CURRENT AND ALL OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2019
Other Liabilities [Abstract]
Current and All Other Liabilities	NOTE 14. CURRENT AND ALL OTHER LIABILITIES December 31 (In millions) 2019 2018 Sales allowances, equipment projects and other commercial liabilities $ 5,203 $ 5,255 Product warranties (Note 23) 1,371 1,346 Employee compensation and benefit liabilities 5,114 5,138 Taxes payable 1,349 503 Environmental, health and safety liabilities (Note 23) 330 204 Due to GE Capital 1,080 1,578 Other 2,385 2,422 Other GE current liabilities 16,833 16,444 Eliminations (1,080 ) (1,578 ) Consolidated other GE current liabilities $ 15,753 $ 14,866 Sales allowances, equipment projects and other commercial liabilities 4,422 5,136 Product warranties (Note 23) 793 846 Uncertain tax positions and related liabilities 2,585 3,404 Alstom legacy legal matters (Note 23) 875 889 Environmental, health and safety liabilities (Note 23) 2,154 1,968 Redeemable noncontrolling interests (Note 16) 439 378 Derivative instruments (Note 21) 171 328 Other 1,349 1,931 GE all other liabilities $ 12,787 $ 14,881 Aircraft maintenance reserve, sales deposits and other commercial liabilities 2,900 2,585 Interest payable 1,189 1,458 Uncertain tax positions and other taxes payable 394 1,646 Derivative instruments (Note 21) 31 258 Other 525 1,615 GE Capital other liabilities $ 5,040 $ 7,562 Eliminations (1,244 ) (1,605 ) Consolidated all other liabilities $ 16,583 $ 20,839 Total $ 32,336 $ 35,705

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 15. INCOME TAXES GE and GE Capital file a consolidated U.S. federal income tax return. This enables GE and GE Capital to use tax deductions and credits of one member of the group to reduce the tax that otherwise would have been payable by another member of the group. The effective tax rate reflects the benefit of these tax reductions in the consolidated return. GE makes cash payments to GE Capital for tax reductions and GE Capital pays for tax increases at the time GE’s tax payments are due. Our businesses are subject to regulation under a wide variety of U.S. federal, state and foreign tax laws, regulations and policies. Changes to these laws or regulations may affect our tax liability, return on investments and business operations. (BENEFIT) PROVISION FOR INCOME TAXES (In millions) 2019 2018 2017 Current tax expense (benefit) $ 2,551 $ 1,743 $ 2,405 Deferred tax expense (benefit) from temporary differences (1,242 ) (1,276 ) 1,088 Total GE 1,309 467 3,493 Current tax expense (benefit) (720 ) 596 (1,008 ) Deferred tax expense (benefit) from temporary differences 138 (970 ) (5,294 ) Total GE Capital (582 ) (374 ) (6,302 ) Current tax expense (benefit) 1,831 2,339 1,397 Deferred tax expense (benefit) from temporary differences (1,104 ) (2,245 ) (4,205 ) Total consolidated $ 726 $ 93 $ (2,808 ) CONSOLIDATED EARNINGS (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (In millions) 2019 2018 2017 U.S. earnings $ 506 $ (9,861 ) $ (17,918 ) Non-U.S. earnings 643 (11,126 ) 6,573 Total $ 1,149 $ (20,987 ) $ (11,345 ) CONSOLIDATED (BENEFIT) PROVISION FOR INCOME TAXES (In millions) 2019 2018 2017 U.S. Federal Current $ 146 $ 1,019 $ (734 ) Deferred (1,266 ) (3,144 ) (3,625 ) Non - U.S. Current 2,008 1,132 1,820 Deferred 106 1,197 (429 ) Other (267 ) (111 ) 160 Total $ 726 $ 93 $ (2,808 ) INCOME TAXES PAID (RECOVERED) (In millions) 2019 2018 2017 GE $ 2,183 $ 1,803 $ 2,700 GE Capital 45 65 (264 ) Total(a) $ 2,228 $ 1,868 $ 2,436 (a) Includes tax payments reported in discontinued operations. RECONCILIATION OF U.S. FEDERAL STATUTORY INCOME TAX RATE TO ACTUAL INCOME TAX RATE Consolidated GE GE Capital 2019 2018 2017 2019 2018 2017 2019 2018 2017 U.S. federal statutory income tax rate 21.0 % 21.0 % 35.0 % 21.0 % 21.0 % 35.0 % 21.0 % 21.0 % 35.0 % Increase (reduction) in rate resulting from inclusion of after-tax earnings of GE Capital in before-tax earnings of GE — — — 8.8 (0.5 ) (43.2 ) — — — Tax on global activities including exports 91.0 (5.0 ) 30.3 86.5 (5.0 ) 34.6 8.1 3.2 12.2 U.S. business credits(a) (22.5 ) 2.6 4.3 (9.1 ) 0.4 1.5 21.9 120.0 3.2 Goodwill impairments 26.0 (21.5 ) (7.8 ) 23.5 (21.4 ) (7.3 ) — — (3.8 ) Tax Cuts and Jobs Act enactment 0.2 (0.2 ) (39.8 ) 7.9 0.5 (89.6 ) 15.2 (36.5 ) 3.1 All other – net(b)(c)(d) (52.5 ) 2.7 2.8 (35.6 ) 2.8 5.2 23.1 (8.0 ) 0.2 42.2 (21.4 ) (10.2 ) 82.0 (23.2 ) (98.8 ) 68.3 78.7 14.9 Actual income tax rate 63.2 % (0.4 )% 24.8 % 103.0 % (2.2 )% (63.8 )% 89.3 % 99.7 % 49.9 % (a) U.S. general business credits, primarily the credit for energy produced from renewable sources and the credit for research performed in the U.S. (b) Included, for each period, the expense or benefit for Other taxes reported above in the consolidated (benefit) provision for income taxes, net of 21.0% federal effect for the years ended December 31, 2019 and 2018 and 35.0% federal effect for the year ended December 31, 2017. (c) For the year ended December 31, 2019, included (12.5)% and (11.3)% in consolidated and GE, respectively, related to the disposition of the Digital ServiceMax business. For the year ended December 31, 2018, included 2.8% and 2.8% in consolidated and GE, respectively, related to deductible stock losses. Included in 2017 is 5.6% and 11.7% in consolidated and GE, respectively, related to the disposition of the Water business. Also included in 2017 is (3.1)% and (6.4)% in consolidated and GE, respectively, related to losses on planned dispositions. (d) For the year ended December 31, 2019, included (32.9)% , (27.9)% and 3.5% in consolidated, GE and GE Capital, respectively for the resolution of the IRS audit of our consolidated U.S. income tax returns for 2012-2013. U.S. TAX REFORM. On December 22, 2017, the U.S. enacted legislation commonly known as the Tax Cuts and Jobs Act (U.S. tax reform) that lowered the statutory tax rate on U.S. earnings to 21%, taxes historic foreign earnings at a reduced rate of tax, establishes a territorial tax system and enacts new taxes associated with global operations. The impact of enactment of U.S. tax reform was recorded in 2017 on a provisional basis as the legislation provided for additional guidance to be issued by the U.S. Department of the Treasury on several provisions including the computation of the transition tax. This amount was adjusted in both 2018 and 2019 based on guidance issued during each of these years. Additional guidance may be issued after 2019 and any resulting effects will be recorded in the quarter of issuance. Additionally, as part of U.S. tax reform, the U.S. has enacted a minimum tax on foreign earnings (global intangible low tax income). We have not made an accrual for the deferred tax aspects of this provision. With the enactment of U.S. tax reform, we recorded, for the year ended December 31, 2017, tax expense of $4,512 million to reflect our provisional estimate of both the transition tax on historic foreign earnings ( $1,155 million including $2,925 million at GE and $(1,770) million at GE Capital) and the revaluation of deferred taxes ( $3,357 million including $1,980 million at GE and $1,377 million at GE Capital). For the year ended December 31, 2018, we finalized our provisional estimate of the enactment of U.S. tax reform and recorded an additional tax expense of $41 million . For the year ended December 31, 2019, we recorded an additional tax expense of $2 million based on the issuance in January 2019 of final regulations on the transition tax on historic foreign earnings. The cash impact of the transition tax on historic foreign earnings was largely offset by accelerated use of deductions and tax credits and was substantially incurred with the filing of the 2017 tax return with no amount subject to the deferred payment provision provided under law. UNRECOGNIZED TAX POSITIONS. Annually, we file over 4,100 income tax returns in almost 300 global taxing jurisdictions. We are under examination or engaged in tax litigation in many of these jurisdictions. 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. As previously disclosed, the United Kingdom tax authorities disallowed interest deductions claimed by GE Capital for the years 2007-2015 that could result in a potential impact of approximately $1 billion , which includes a possible assessment of tax and reduction of deferred tax assets, not including interest and penalties. We are contesting the disallowance. We comply with all applicable tax laws and judicial doctrines of the United Kingdom and believe that the entire benefit is more likely than not to be sustained on its technical merits. We believe that there are no other jurisdictions in which the outcome of unresolved issues or claims is likely to be material to our results of operations, financial position or cash flows. We further believe that we have made adequate provision for all income tax uncertainties. The balance of unrecognized tax benefits, the amount of related interest and penalties we have provided and what we believe to be the range of reasonably possible changes in the next 12 months were: UNRECOGNIZED TAX BENEFITS December 31 (Dollars in millions) 2019 2018 Unrecognized tax benefits $ 4,169 $ 5,563 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 2,701 4,265 Accrued interest on unrecognized tax benefits 722 934 Accrued penalties on unrecognized tax benefits 195 182 Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months 0-700 0-1,300 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 0-650 0-1,200 (a) Some portion of such reduction may be reported as discontinued operations. UNRECOGNIZED TAX BENEFITS RECONCILIATION (In millions) 2019 2018 Balance at January 1 $ 5,563 $ 5,449 Additions for tax positions of the current year 403 300 Additions for tax positions of prior years 500 945 Reductions for tax positions of prior years(a) (1,927 ) (905 ) Settlements with tax authorities (155 ) (64 ) Expiration of the statute of limitations (214 ) (162 ) Balance at December 31 $ 4,169 $ 5,563 (a) For 2019, reductions included $710 million related to the completion of the 2012-2013 IRS audit and $442 million related to the deconsolidation of Baker Hughes. We classify interest on tax deficiencies as interest expense; we classify income tax penalties as provision for income taxes. For the years ended December 31, 2019 , 2018 and 2017 , $(93) million , $127 million and $143 million of interest expense (income), respectively, and $20 million , $(7) million and $7 million of tax expense (income) related to penalties, respectively, were recognized in our consolidated Statement of Earnings (Loss). DEFERRED INCOME TAXES. We have not provided deferred taxes on cumulative net earnings of non-U.S. affiliates and associated companies of approximately $40 billion that have been reinvested indefinitely. Given U.S. tax reform, substantially all of our prior unrepatriated earnings were subject to U.S. tax and accordingly we expect to have the ability to repatriate available non-U.S. cash without additional federal tax cost, and any foreign withholding tax on a repatriation to the U.S. would potentially be partially offset by a U.S. foreign tax credit. However, because most of these earnings have been reinvested in active non-U.S. business operations, as of December 31, 2019, we have not decided to repatriate these earnings to the U.S. It is not practicable to determine the income tax liability that would be payable if such earnings were not reinvested indefinitely. DEFERRED INCOME TAXES December 31 (In millions) 2019 2018 GE $ 12,807 $ 14,479 GE Capital 5,124 6,214 Total assets 17,931 20,693 GE (4,618 ) (4,302 ) GE Capital (3,424 ) (4,278 ) Eliminations — 4 Total liabilities (8,042 ) (8,576 ) Net deferred income tax asset (liability) $ 9,889 $ 12,117 COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY) December 31 (In millions) 2019 2018 Principal pension plans $ 4,016 $ 3,883 Other non-current compensation and benefits 2,206 2,431 Provision for expenses 1,990 2,208 Intangible assets 1,315 820 Retiree insurance plans 1,023 1,006 Non-U.S. loss carryforwards(a) 602 1,362 U.S. credit carryforwards(b) 74 74 Baker Hughes investment (1,256 ) 721 Contract assets (1,232 ) (1,781 ) Depreciation (823 ) (855 ) Other – net(c) 274 307 GE 8,189 10,176 Operating leases (2,218 ) (2,690 ) Financing leases (477 ) (599 ) Intangible assets (10 ) (16 ) Insurance company loss reserves 1,715 1,386 Non-U.S. loss carryforwards(a) 1,274 1,231 U.S. credit carryforwards(b) 785 2,491 Other – net(c) 631 133 GE Capital 1,700 1,936 Eliminations — 4 Net deferred income tax asset (liability) $ 9,889 $ 12,117 (a) Net of valuation allowances of $4,801 million and $3,799 million for GE and $201 million and $767 million for GE Capital as of December 31, 2019 and 2018 , respectively. Of the net deferred tax asset as of December 31, 2019 of $1,876 million , $3 million relates to net operating loss carryforwards that expire in various years ending from December 31, 2020 through December 31, 2022; $193 million relates to net operating losses that expire in various years ending from December 31, 2023 through December 31, 2039 and $1,680 million relates to net operating loss carryforwards that may be carried forward indefinitely. (b) Of the net deferred tax asset as of December 31, 2019 of $859 million for U.S. credit carryforwards, $74 million expires in the years ending December 31, 2030 through 2032 and $785 million expires in various years ending from December 31, 2036 through December 31, 2039. (c) Included valuation allowances related to assets other than non-U.S. loss carryforwards of $1,897 million and $1,002 million for GE and $248 million and $131 million for GE Capital as of December 31, 2019 and 2018, respectively.

SHAREHOLDERS_ EQUITY

SHAREHOLDERS’ EQUITY	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
SHAREHOLDERS’ EQUITY	NOTE 16. SHAREHOLDERS’ EQUITY ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (In millions) 2019 2018 2017 Beginning balance $ (39 ) $ (102 ) $ 674 Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes of $32, $41 and $(335)(a) 141 87 (627 ) Reclassifications from OCI – net of deferred taxes of $(11), $(6) and $(81) (42 ) (23 ) (149 ) Other comprehensive income (loss) 100 64 (776 ) Less OCI attributable to noncontrolling interests — — 1 Investment securities ending balance $ 61 $ (39 ) $ (102 ) Beginning balance $ (6,134 ) $ (4,661 ) $ (6,806 ) OCI before reclassifications – net of deferred taxes of $(98), $29 and $(537) 41 (2,076 ) 846 Reclassifications from OCI – net of deferred taxes of $(9), $89 and $(543)(b) 1,234 412 1,333 Other comprehensive income (loss) 1,275 (1,664 ) 2,179 Less OCI attributable to noncontrolling interests (40 ) (192 ) 35 Currency translation adjustments ending balance $ (4,818 ) $ (6,134 ) $ (4,661 ) Beginning balance $ 13 $ 62 $ 12 OCI before reclassifications – net of deferred taxes of $6, $(26) and $31 (21 ) (149 ) 171 Reclassifications from OCI – net of deferred taxes of $2, $4 and $(28) 58 98 (120 ) Other comprehensive income (loss) 37 (51 ) 51 Less OCI attributable to noncontrolling interests 2 (2 ) 1 Cash flow hedges ending balance $ 49 $ 13 $ 62 Beginning balance $ (8,254 ) $ (9,702 ) $ (12,469 ) OCI before reclassifications – net of deferred taxes of $(355), $115 and $32 (1,820 ) 71 550 Reclassifications from OCI – net of deferred taxes of $852, $2,610 and $1,111 3,048 1,345 2,232 Other comprehensive income (loss) 1,228 1,416 2,782 Less OCI attributable to noncontrolling interests (2 ) (32 ) 15 Benefit plans ending balance $ (7,024 ) $ (8,254 ) $ (9,702 ) Accumulated other comprehensive income (loss) at December 31 $ (11,732 ) $ (14,414 ) $ (14,404 ) (a) Included adjustments of $(2,693) million , $1,825 million and $(1,259) million in 2019, 2018 and 2017, 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 $1,066 million , zero and $483 million in 2019, 2018 and 2017, respectively, 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 December 31, 2019 was $5,738 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 $ 460 million, including cash dividends of $ 295 million, $ 447 million, including cash dividends of $ 295 million, and $ 436 million, including cash dividends of $ 295 million, for the years ended December 31, 2019, 2018 and 2017, respectively. In conjunction with the 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. GE has 50.0 million authorized shares of preferred stock ( $1.00 par value), of which 5,939,875 , 5,939,875 and 5,939,875 shares are outstanding as of December 31, 2019 , 2018 and 2017 , respectively. GE’s authorized common stock consists of 13,200 million shares having a par value of $0.06 each, with 11,694 million shares issued. Under our share purchase programs we repurchased shares of 1.1 million , and 19.5 million , for a total of $10 million and $235 million for the years ended 2019 and 2018, respectively. Noncontrolling interests in equity of consolidated affiliates amounted to $1,545 million and $20,500 million , including zero and $19,239 million attributable to Baker Hughes Class A shareholders at December 31, 2019 and 2018, respectively. See Note 2 for further information related to the Baker Hughes transaction. Net earnings (loss) attributable to noncontrolling interests were $33 million , $203 million and $(47) million in 2019, 2018 and 2017, respectively. Dividends attributable to noncontrolling interests were $(331) million , $(362) million and $(222) million in 2019, 2018 and 2017, respectively. Redeemable noncontrolling interests presented in 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 $439 million and $378 million as of December 31, 2019 and 2018, respectively. Net earnings (loss) attributable to redeemable noncontrolling interests was $33 million , $(291) million and $(320) million for the years ended December 31, 2019, 2018 and 2017, 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. Common dividends from GE Capital to GE totaled zero , zero and $4,105 million (including cash dividends of $4,016 million ) for the years ended December 31, 2019 , 2018 and 2017

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
SHARE-BASED COMPENSATION	NOTE 17. SHARE-BASED COMPENSATION We grant stock options, restricted stock units and performance share units to employees under the 2007 Long-Term Incentive Plan. Grants made under all plans must be approved by the Management Development and Compensation Committee of GE’s Board of Directors, which is composed entirely of independent directors. We record compensation expense for awards expected to vest over the vesting period. We estimate forfeitures based on experience and adjust expense to reflect actual forfeitures. When options are exercised and restricted stock units vest, we issue shares from treasury stock. Stock options provide employees the opportunity to purchase GE shares in the future at the market price of our stock on the date the award is granted (the strike price). The options become exercisable over the vesting period (typically three or five years ) and expire 10 years from the grant date if not exercised. Restricted stock units (RSU) provide an employee with the right to receive shares of GE stock when the restrictions lapse over the vesting period. Upon vesting, each RSU is converted into GE common stock on a one -for-one basis. Performance share units (PSU) provide an employee with the right to receive shares of GE stock based upon achievement of certain performance or market metrics. Upon vesting (if applicable), each PSU is converted into GE common stock on a one-for-one basis. We value stock options using a Black-Scholes option pricing model, RSUs using market price on grant date, and PSUs using both market price on grant date and a Monte Carlo simulation as needed based on performance metrics. WEIGHTED AVERAGE GRANT DATE FAIR VALUE 2019 2018 2017 Stock Options $ 3.48 $ 3.00 $ 3.81 RSUs 10.12 13.96 24.89 PSUs 10.73 4.80 N/A Key assumptions used in the Black Scholes valuation for stock options include: risk free rates of 2.5% , 2.8% , and 2.3% , dividend yields of 0.4% , 2.3% , and 3.3% , expected volatility of 33% , 32% , and 28% , expected lives of 6.0 years , 5.9 years , and 6.3 years , and strike prices of $10.00 , $12.13 , and $18.97 for 2019 , 2018 , and 2017 , respectively. STOCK-BASED COMPENSATION ACTIVITY Stock Options RSUs Shares (in millions) Weighted average exercise price Weighted average contractual term (in years) Intrinsic value (in millions) Shares (in millions) Weighted average grant date fair value Weighted average contractual term (in years) Intrinsic value (in millions) Outstanding at January 1, 2019 466 $ 19.59 29 $ 18.07 Spin-off adjustment (a) 17 N/A 1 N/A Granted 34 10.00 16 10.12 Exercised (7 ) 9.36 (15 ) 17.04 Forfeited (11 ) 13.66 (3 ) 15.40 Expired (41 ) 17.24 N/A N/A Outstanding at December 31, 2019 458 $ 18.66 4.6 $ 185 28 $ 13.29 1.4 $ 315 Exercisable at December 31, 2019 335 $ 21.03 3.1 $ — N/A N/A N/A N/A Expected to vest 113 $ 12.36 8.5 $ 165 26 $ 13.45 1.3 $ 285 (a) In connection with the spin-off of GE Transportation and pursuant to the anti-dilution provisions of the 2007 Long Term Incentive Plan, the Company made adjustments to exercise price and the number of shares to preserve the intrinsic value of the awards prior to the separation. The adjustments to the stock-based compensation awards did not result in additional compensation expense. Total outstanding PSUs at December 31, 2019 were 12 million shares with a weighted average fair value of $7.39 . The intrinsic value and weighted average contractual term of PSUs outstanding were $128 million and 2.3 years , respectively. (In millions) 2019 2018 2017 Compensation expense (after-tax)(a)(b) $ 400 $ 336 $ 241 Cash received from stock options exercised 69 24 528 Intrinsic value of stock options exercised and RSUs vested 154 83 493 (a) Unrecognized compensation cost related to unvested equity awards as of December 31, 2019 was $515 million , which will be amortized over a weighted average period of 1.1 years . (b) Income tax benefit recognized in earnings was $20 million , $40 million and $138 million in 2019 , 2018 , and 2017

EARNINGS PER SHARE INFORMATION

EARNINGS PER SHARE INFORMATION	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE INFORMATION	NOTE 18. EARNINGS PER SHARE INFORMATION 2019 2018 2017 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Diluted Basic Earnings (loss) from continuing operations for per-share calculation $ 416 $ 416 $ (20,997 ) $ (20,997 ) $ (8,270 ) $ (8,270 ) Preferred stock dividends (460 ) (460 ) (447 ) (447 ) (436 ) (436 ) Earnings (loss) from continuing operations attributable to $ (45 ) $ (45 ) $ (21,445 ) $ (21,445 ) $ (8,706 ) $ (8,706 ) Earnings (loss) from discontinued operations for per-share calculation (5,396 ) (5,396 ) (1,372 ) (1,372 ) (251 ) (251 ) Net earnings (loss) attributable to GE common shareholders for per-share calculation (5,440 ) (5,440 ) (22,809 ) (22,809 ) (8,944 ) (8,944 ) Shares of GE common stock outstanding 8,724 8,724 8,691 8,691 8,687 8,687 Employee compensation-related shares (including stock options) and warrants(a) — — — — — — Total average equivalent shares 8,724 8,724 8,691 8,691 8,687 8,687 Earnings (loss) from continuing operations $ (0.01 ) $ (0.01 ) $ (2.47 ) $ (2.47 ) $ (1.00 ) $ (1.00 ) Earnings (loss) from discontinued operations (0.62 ) (0.62 ) (0.16 ) (0.16 ) (0.03 ) (0.03 ) Net earnings (loss) (0.62 ) (0.62 ) (2.62 ) (2.62 ) (1.03 ) (1.03 ) Potentially dilutive securities(a) 450 420 119 (a) All outstanding stock awards are not included in the computation of diluted earnings per share because their effect was antidilutive due to the loss from continuing operations. 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 years ended December 31, 2019, 2018 and 2017, as a result of excess dividends in respect to the current period earnings, losses were not allocated to the participating securities. Earnings-per-share amounts are computed independently for earnings (loss) from continuing operations, earnings (loss) from discontinued operations and net earnings (loss). As a result, the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings.

OTHER INCOME

OTHER INCOME	12 Months Ended
	Dec. 31, 2019
Other Income and Expenses [Abstract]
OTHER INCOME	NOTE 19. OTHER INCOME (In millions) 2019 2018 2017 Purchases and sales of business interests(a) $ 3 $ 1,234 $ 1,024 Licensing and royalty income 256 218 188 Associated companies 206 21 208 Net interest and investment income(b) 1,220 562 358 Other items 515 282 115 GE 2,200 2,317 1,893 Eliminations 22 4 189 Total $ 2,222 $ 2,321 $ 2,083 (a) Included a pre-tax gain of $224 million on the sale of ServiceMax partially offset by charges to the valuation allowance on businesses classified as held for sale of $245 million in 2019. Included pre-tax gains of $737 million on the sale of Distributed Power, $681 million on the sale of Value-Based Care and $267 million on the sale of Industrial Solutions, partially offset by charges to the valuation allowance on businesses classified as held for sale of $554 million in 2018. Included a pre-tax gain of $1,931 million on the sale of our Water business, partially offset by charges to the valuation allowance on businesses classified as held for sale of $1,000 million in 2017. See Note 2 for further information. (b) Included unrealized gain of $793 million related to our interest in Baker Hughes in 2019. Included interest income associated with customer advances of $143 million , $136 million and $105 million in 2019, 2018 and 2017, respectively. See Notes 1, 3 and 9.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 20. FAIR VALUE MEASUREMENTS RECURRING FAIR VALUE MEASUREMENTS. Our assets and liabilities measured at fair value on a recurring basis include investment securities mainly supporting obligations to annuitants and policyholders in our run-off insurance operations, derivatives, and our remaining equity interest in Baker Hughes. ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS December 31 (In millions) Level 1 Level 2 Level 3(a) Netting Net balance(b) 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Investment securities $ 9,704 $ 88 $ 33,606 $ 29,408 $ 5,210 $ 4,013 $ — $ — $ 48,521 $ 33,508 Derivatives — — 2,561 2,197 11 8 (1,832 ) (2,001 ) 740 205 Total assets $ 9,704 $ 88 $ 36,167 $ 31,605 $ 5,221 $ 4,021 $ (1,832 ) $ (2,001 ) $ 49,261 $ 33,713 Derivatives $ — $ — $ 834 $ 1,814 $ 19 $ 6 $ (651 ) $ (1,234 ) $ 202 $ 586 Other(c) — — 807 722 — — — — 807 722 Total liabilities $ — $ — $ 1,641 $ 2,535 $ 19 $ 6 $ (651 ) $ (1,234 ) $ 1,009 $ 1,308 (a) Included debt securities classified within Level 3 of $3,977 million of U.S. corporate and $330 million of Government and agencies securities at December 31, 2019, and $3,498 million of U.S. corporate and $292 million of Government and agencies securities at December 31, 2018. (b) See Notes 3 and 21 for further information on the composition of our investment securities and derivative portfolios. (c) Primarily represents the liabilities associated with certain of our deferred incentive compensation plans. (d) The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts include fair value adjustments related to our own and counterparty non-performance risk. LEVEL 3 INSTRUMENTS. The majority of our Level 3 balances comprised debt securities classified as available-for-sale with changes in fair value recorded in other comprehensive income. (In millions) Balance at Net realized/unrealized gains(losses)(a) Purchases(b) Sales & Settlements Transfers Transfers Balance at 2019 Investment securities $ 4,013 $ 399 $ 2,159 $ (1,308 ) $ — $ (53 ) $ 5,210 2018 Investment securities $ 4,109 $ (231 ) $ 729 $ (333 ) $ 2 $ (262 ) $ 4,013 (a) Primarily included net unrealized gains (losses) of $404 million and $(231) million in other comprehensive income for the years ended December 31, 2019 and December 31, 2018, respectively. (b) Included $975 million and $615 million of U.S. corporate debt securities for the years ended December 31, 2019 and 2018, respectively. NONRECURRING FAIR VALUE MEASUREMENTS. The following table represents fair values (as measured at the time of the adjustment) for those assets remeasured to fair value on a nonrecurring basis during the fiscal year and were still held at December 31, 2019 and 2018. Remeasured during the years ended December 31 2019 2018 (In millions) Level 2 Level 3 Level 2 Level 3 Financing receivables and financing receivables held for sale $ — $ 21 $ — $ 47 Equity securities without readily determinable fair value and equity method investments — 306 479 874 Long-lived assets 12 412 152 422 Goodwill — — — 2,440 Total $ 12 $ 739 $ 631 $ 3,783 At December 31, 2019 and 2018 , certain Level 3 assets with recurring fair value measurements of $4,933 million and $3,893 million , respectively, and nonrecurring measurements of $377 million and $483 million , respectively, were valued using non-binding broker quotes or other third-party sources. These fair value measurements utilize a number of different unobservable inputs not subject to meaningful aggregation. In addition, certain equity securities without readily determinable fair value and equity method investments with a fair value totaling $36 million and $572 million at December 31, 2019 and 2018, respectively, were valued using the income approach, for which discount rates were determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rates would result in a decrease in the fair values. The range of discount rates used to price these investments was 12% - 16% , with a weighted average of 15% and 6.5% - 35% , with a weighted average of 8.9% at December 31, 2019 and 2018, respectively. Other Level 3 assets with recurring and nonrecurring fair value measurements are not material individually or in the aggregate.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS	NOTE 21. 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. December 31, 2019 December 31, 2018 (In millions) Carrying Estimated Carrying Estimated Assets Loans and other receivables $ 4,113 $ 4,208 $ 8,811 $ 8,829 Liabilities Borrowings (Note 11) $ 90,882 $ 97,754 $ 103,599 $ 100,492 Investment contracts (Note 12) 2,191 2,588 2,388 2,630 Unlike the carrying amount, estimated fair value of borrowings included $1,106 million and $1,324 million of accrued interest at December 31, 2019 and 2018, respectively. Assets and liabilities that are reflected in the accompanying financial statements at fair value are not included in the above disclosures; such items include cash and equivalents, investment securities and derivative financial instruments. DERIVATIVES AND HEDGING. Our policy requires that derivatives are used solely for managing risks and not for speculative purposes. Total gross notional was $98,018 million ( $55,704 million in GE Capital and $42,314 million in GE) and $117,104 million ( $79,082 million in GE Capital and $38,022 million in GE) at December 31, 2019 and 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. GE and GE Capital use cash flow hedges primarily to reduce or eliminate the effects of foreign exchange rate changes. In addition, GE Capital uses fair value hedges to hedge the effects of interest rate and currency changes on debt it has issued as well as net investment hedges to hedge investments in foreign operations. Both GE and GE Capital also use derivatives not designated as hedges from an accounting standpoint (and therefore we do not apply hedge accounting to the relationship) but otherwise serve the same economic purpose as other hedging arrangements. We use economic hedges when we have exposures to currency exchange risk for which we are unable to meet the requirements for hedge accounting or when changes in the carrying amount of the hedged item are already recorded in earnings in the same period as the derivative making hedge accounting unnecessary. Even though the derivative is an effective economic hedge, there may be a net effect on earnings in each period due to differences in the timing of earnings recognition between the derivative and the hedged item. The table below provides additional information about how derivatives are reflected in our financial statements. Derivative assets and liabilities are recorded at fair value exclusive of interest earned or owed on interest rate derivatives, which is presented separately in our consolidated Statement of Financial Position. Cash collateral and securities held as collateral represent assets that have been provided by our derivative counterparties as security for amounts they owe us (derivatives that are in an asset position). December 31, 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 $ 23,918 $ 1,636 $ 11 $ 22,904 $ 1,335 $ 23 Currency exchange contracts 7,044 99 46 7,854 175 114 Derivatives accounted for as hedges $ 30,961 $ 1,734 $ 57 $ 30,758 $ 1,511 $ 138 Interest rate contracts $ 3,185 $ 18 $ 12 $ 6,198 $ 28 $ 2 Currency exchange contracts 62,165 697 744 77,544 653 1,472 Other contracts 1,706 123 40 2,604 13 209 Derivatives not accounted for as hedges $ 67,056 $ 838 $ 796 $ 86,346 $ 695 $ 1,682 Gross derivatives $ 98,018 $ 2,572 $ 853 $ 117,104 $ 2,205 $ 1,820 Netting and credit adjustments $ (546 ) $ (546 ) $ (959 ) $ (967 ) Cash collateral adjustments (1,286 ) (105 ) (1,042 ) (267 ) Net derivatives recognized in Statement of Financial Position $ 740 $ 202 $ 205 $ 586 Net accrued interest $ 182 $ 1 $ 205 $ 1 Securities held as collateral (469 ) — (235 ) — Net amount $ 452 $ 203 $ 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 $104 million and $603 million at December 31, 2019, respectively, and $3 million and $439 million at December 31, 2018, respectively. Securities held as collateral excluded excess collateral received with a fair value of $27 million and zero at December 31, 2019 and 2018, respectively. FAIR VALUE HEDGES. We use derivatives to hedge the effects of interest rate and currency exchange rate changes on our borrowings. At December 31, 2019, the cumulative amount of hedging adjustments of $4,234 million (including $2,458 million on discontinued hedging relationships) was included in the carrying amount of the hedged liability of $54,723 million . At December 31, 2018, the cumulative amount of hedging adjustments of $3,255 million (including $2,731 million on discontinued hedging relationships) was included in the carrying amount of the hedged liability of $59,651 million . The cumulative amount of hedging adjustments was primarily recorded in long-term borrowings. CASH FLOW HEDGES. We use cash flow hedging primarily to reduce or eliminate the effects of foreign exchange rate changes on purchase and sale contracts in our industrial businesses and to convert foreign currency debt that we have issued in our financial services business back to our functional currency. Changes in the fair value of cash flow hedges are recorded in Accumulated other comprehensive income (AOCI) in our consolidated Statement of Financial Position and recorded in earnings in the period in which the hedged transaction occurs. The gain (loss) recognized in AOCI was $25 million , $(154) million and $199 million for the years ended December 31, 2019, 2018 and 2017, respectively. The gain (loss) reclassified from AOCI to earnings was $(60) million , $(102) million and $149 million for the years ended December 31, 2019, 2018 and 2017, 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 $110 million gain at December 31, 2019. We expect to reclassify $16 million of gain to earnings in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. For the years ended December 31, 2019, 2018 and 2017, 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 December 31, 2019, 2018 and 2017, the maximum term of derivative instruments that hedge forecasted transactions was 13 years , 14 years and 15 years , respectively. NET INVESTMENT HEDGES. We invest in foreign operations that conduct their financial services activities in currencies other than the U.S. dollar. We hedge the currency risk associated with those investments primarily using non-derivative instruments such as debt denominated in a foreign currency and short-term currency exchange contracts under which we receive U.S. dollars and pay foreign currency. 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 years ended December 31, 2019, 2018 and 2017 was $120 million , $646 million and $(1,852) million , respectively, comprising $(36) million , $162 million and $(277) million on currency exchange contracts and $156 million , $484 million and $(1,575) million on foreign currency debt, respectively. The total gain (loss) excluded from assessment and recognized in earnings was $27 million , $23 million and $19 million for the years ended December 31, 2019, 2018 and 2017, respectively. The carrying value of foreign currency debt designated as net investment hedges was $9,190 million , $12,458 million and $13,028 at December 31, 2019, 2018 and 2017 respectively. The total reclassified from AOCI into earnings was $7 million , $(1) million and $125 million for the years ended December 31, 2019, 2018 and 2017, 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 (Loss): 2019 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 (Loss) $ 95,214 $ 70,029 $ 4,227 $ 13,949 $ 2,222 $ 97,012 $ 72,818 $ 4,766 $ 14,643 $ 2,321 Total effect of cash flow hedges $ 5 $ (24 ) $ (37 ) $ (3 ) $ — $ (53 ) $ (10 ) $ (39 ) $ — $ — Hedged items $ (1,276 ) $ 617 Derivatives designated as hedging instruments 1,229 (724 ) Total effect of fair value hedges $ (48 ) $ (107 ) Interest rate contracts $ (24 ) $ — $ (50 ) $ — $ — $ (72 ) $ — $ (4 ) $ — $ — Currency exchange contracts 180 (35 ) — (6 ) (59 ) (1,303 ) (520 ) — — (47 ) Other (2 ) — 195 — 1 (1 ) — (95 ) — (10 ) Total effect of derivatives not designated as hedges $ 154 $ (35 ) $ 145 $ (6 ) $ (58 ) $ (1,375 ) $ (520 ) $ (99 ) $ — $ (56 ) 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 $368 million and $95 million at December 31, 2019 and 2018, respectively. Counterparties' exposures to our derivative liability (including accrued interest), net of collateral posted by us, was $159 million and $571 million at December 31, 2019 and 2018, respectively.

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Dec. 31, 2019
Variable Interest Entities [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 22. VARIABLE INTEREST ENTITIES In addition to the three VIEs detailed in Note 4, we have other consolidated VIEs with assets of $2,663 million and $2,321 million , and liabilities of $1,137 million and $1,611 million at December 31 2019 and 2018, respectively. The increase in consolidated VIE assets is primarily due to the formation of the aeroderivative JV described in Note 2. 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 December 31, 2019 can only be used to settle the liabilities of those VIEs. Our investments in unconsolidated VIEs were $1,937 million and $2,346 million , at December 31, 2019 and 2018, respectively. These investments are primarily owned by GE Capital businesses, $621 million and $1,670 million of which were owned by EFS, comprised of equity method investments, and $896 million and zero of which were owned by our run-off insurance operations, primarily comprising investment securities, at December 31, 2019 and 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. Our maximum exposure to loss in respect of unconsolidated VIEs is increased by our commitments to make additional investments in these entities described in Note 23.

COMMITMENTS, GUARANTEES, PRODUC

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES	NOTE 23. COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES COMMITMENTS. The GECAS business within our Capital segment has placed multiple-year orders for various Boeing, Airbus and other aircraft manufacturers with list prices approximating $36,313 million , excluding pre-delivery payments made in advance, (including 366 new aircraft with delivery dates of 16% in 2020, 19% in 2021 and 65% in 2022 through 2026) and secondary orders with airlines for used aircraft of approximately $2,419 million (including 55 used aircraft with delivery dates of 71% in 2020, 20% in 2021 and 9% in 2022) at December 31, 2019 . When we purchase aircraft, it is at a contractual price, which is usually less than the aircraft manufacturer’s list price. As of December 31, 2019, we have made $2,934 million of pre-delivery payments to aircraft manufacturers. GE Capital had total investment commitments of $2,648 million at December 31, 2019. The commitments primarily comprise project financing investments in thermal and wind energy projects of $1,225 million and investments by our run-off insurance operations in investment securities and other assets of $1,394 million , included within these commitments are obligations to make additional investments in unconsolidated VIEs of $217 million and $996 million , respectively. See Note 22 for further information. As of December 31, 2019, in our Aviation segment, we have committed to provide financing assistance of $2,269 million of future customer acquisitions of aircraft equipped with our engines. GUARANTEES. At December 31, 2019 , we were committed under the following guarantee arrangements: Credit Support. At December 31, 2019, we have provided $1,565 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 $35 million at December 31, 2019 . Indemnification Agreements – Continuing Operations . At December 31, 2019 , we have $1,611 million of other indemnification commitments, including representations and warranties in sales of businesses or assets, for which we recorded a liability of $192 million . Indemnification Agreements – Discontinued Operations. At December 31, 2019, we have provided specific indemnities to buyers of GE Capital’s assets that, in the aggregate, represent a maximum potential claim of $1,032 million with the related reserves of $142 million , which incorporates our evaluation of risk and the likelihood of making payments under the indemnities. The recognized liabilities represent the estimated fair value of the indemnities when issued as adjusted for any subsequent probable and estimable losses. Approximately 44% of these exposures are expected to be resolved within the next year, while substantially all indemnifications are expected to be resolved within the next ten years. 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 2017 Balance at January 1 $ 2,192 $ 2,103 $ 1,743 Current-year provisions 713 945 929 Expenditures (715 ) (788 ) (708 ) Other changes (26 ) (69 ) 139 Balance at December 31 $ 2,165 $ 2,192 $ 2,103 LEGAL MATTERS. I n 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 that could have a material impact on our results of operations. In many proceedings, including the specific matters described below, 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. For these matters, unless otherwise specified, we do not believe it is possible to provide a meaningful estimate of loss at this time. 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 claims that were active during 2019 were 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 were 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 subsequently 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 provided approximately $14 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 had against certain GE entities. This settlement was incorporated into and approved as part of the Chapter 11 plan that the Bankruptcy Court approved in November 2019. The Chapter 11 plan also incorporated the resolution of the claims at issue in the previously reported lawsuit that the TMI Trust Company (TMI), as successor to Law Debenture Trust Company of New York, brought against WMC in the United States District Court for the District of Connecticut with respect to approximately $800 million of mortgage loans. The Chapter 11 plan became effective in December 2019, and GE Capital’s membership interests in WMC were extinguished pursuant to the plan. In total, we paid approximately $207 million to WMC in connection with the settlement of potential claims that WMC may have had against us, as discussed above. As of December 31, 2019, we had no further liabilities to WMC. As a condition to the settlement agreement described above, GE Capital provided WMC $39.5 million of exit financing that is secured by other remaining assets of WMC. Alstom legacy legal 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, including the previously reported legal proceedings in Israel and Slovenia that are described below. The reserve balance was $875 million and $889 million at December 31, 2019 and 2018, respectively. 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. In September 2013, the Israeli Antitrust Authority issued a decision whereby Alstom, Siemens AG and ABB Ltd. were held liable for an alleged anti-competitive arrangement in the gas-insulated switchgears market in Israel. While there was no fine in connection with that decision, claimants brought civil actions in 2013 seeking damages of approximately $950 million and $600 million , respectively, related to the alleged conduct underlying the decision that are pending before the Central District Court in Israel. The parties have been working to finalize a settlement, which is subject to court approval, and we anticipate a decision from the court in the first half of 2020. In connection with alleged improper payments by Alstom relating to contracts won in 2006 and 2008 for work on a state-owned power plant in Šoštanj, Slovenia, the power plant owner in January 2017 filed an arbitration claim for damages of approximately $430 million before the International Chamber of Commerce Court of Arbitration in Vienna, Austria. In February 2017, a government investigation in Slovenia of the same underlying conduct proceeded to an investigative phase overseen by a judge of the Celje District Court. Shareholder and related lawsuits. Since November 2017, several putative shareholder class actions under the federal securities laws have been filed against GE and certain affiliated individuals and consolidated into a single action currently pending in the U.S. District Court for the Southern District of New York (the Hachem case). In October 2019, the lead plaintiff filed a fifth amended consolidated class action complaint naming as defendants GE and current and former GE executive officers. It alleges violations of Sections 10(b) and 20(a) and Rule 10b-5 of the Securities Exchange Act of 1934 related to insurance reserves and accounting for long-term service agreements and seeks damages on behalf of shareholders who acquired GE stock between February 27, 2013 and January 23, 2018. GE filed a motion to dismiss in December 2019. Since February 2018, multiple shareholder derivative lawsuits have also been filed against current and former GE executive officers and members of GE’s Board of Directors and GE (as nominal defendant). Two shareholder derivative lawsuits are currently pending: the Bennett case, which was filed in Massachusetts state court, and the Cuker case, which was filed in New York state court. These lawsuits have alleged violations of securities laws, breaches of fiduciary duties, unjust enrichment, waste of corporate assets, abuse of control and gross mismanagement, although the specific matters underlying the allegations in the lawsuits have varied. The allegations in the Bennett case relate to substantially the same facts as those underlying the securities class action described above, and the allegations in the Cuker case relate to alleged corruption in China. The Bennett complaint also includes a claim for professional negligence and accounting malpractice against GE’s auditor, KPMG. The plaintiffs seek unspecified damages and improvements in GE’s corporate governance and internal procedures. The Bennett case has been stayed pending final resolution of another shareholder derivative lawsuit (the Gammel case) that was previously dismissed. In August 2019, the Cuker plaintiffs filed an amended complaint. In September 2019, GE filed a motion to dismiss the amended complaint. In June 2018, a lawsuit (the Bezio case) was filed in New York state court derivatively on behalf of participants in GE’s 401(k) plan (the GE Retirement Savings Plan (RSP)), and alternatively as a class action on behalf of shareholders who acquired GE stock between February 26, 2013 and January 24, 2018, alleging violations of Section 11 of the Securities Act of 1933 based on alleged misstatements and omissions related to insurance reserves and performance of GE’s business segments in a GE RSP registration statement and documents incorporated therein by reference. In November 2018, the plaintiffs filed an amended derivative complaint naming as defendants GE, former GE executive officers and Fidelity Management Trust Company, as trustee for the GE RSP. In January 2019, GE filed a motion to dismiss, and in November 2019, the court dismissed the remaining claims and the plaintiffs filed a notice of appeal. In December 2019, the plaintiffs filed a second amended derivative complaint, and in January 2020, GE filed a motion to dismiss. In July 2018, a putative class action (the Mahar case) was filed in New York state court naming as defendants GE, former GE executive officers, a former member of GE’s Board of Directors and KPMG. It alleged violations of Sections 11, 12 and 15 of the Securities Act of 1933 based on alleged misstatements related to insurance reserves and performance of GE’s business segments in GE Stock Direct Plan registration statements and documents incorporated therein by reference and seeks damages on behalf of shareholders who acquired GE stock between July 20, 2015 and July 19, 2018 through the GE Stock Direct Plan. In February 2019, this case was dismissed. In March 2019, plaintiffs filed an amended derivative complaint naming the same defendants. In April 2019, GE filed a motion to dismiss the amended complaint. In October 2019, the court denied GE's motion to dismiss and stayed the case pending the outcome of the Hachem case. In November 2019, the plaintiffs moved to re-argue to challenge the stay, and GE cross-moved to re-argue the denial of the motion to dismiss and filed a notice of appeal. In October 2018, a putative class action (the Houston case) was filed in New York state court naming as defendants GE, certain GE subsidiaries and current and former GE executive officers and employees. It alleges violations of Sections 11, 12 and 15 of the Securities Act of 1933 and seeks damages on behalf of purchasers of senior notes issued in 2016 and rescission of transactions involving those notes. This case has been stayed pending resolution of the motion to dismiss the Hachem case. In December 2018, a putative class action (the Varga case) was filed in the U.S. District Court for the Northern District of New York naming GE and a former GE executive officer as defendants in connection with the oversight of the GE RSP. It alleges that the defendants breached fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA) by failing to advise GE RSP participants that GE Capital insurance subsidiaries were allegedly under-reserved and continued to retain a GE stock fund as an investment option in the GE RSP. The plaintiffs seek unspecified damages on behalf of a class of GE RSP participants and beneficiaries from January 1, 2010 through January 19, 2018 or later. In April 2019, GE filed a motion to dismiss. In February 2019, two putative class actions (the Birnbaum case and the Sheet Metal Workers Local 17 Trust Funds case) were filed in the U.S. District Court for the Southern District of New York naming as defendants GE and current and former GE executive officers. In April 2019, the court issued an order consolidating these two actions. In June 2019, the lead plaintiff filed an amended consolidated complaint. It alleges violations of Section 10(b) and 20(a) of the Securities Exchange Act of 1934 based on alleged misstatements regarding GE's H-class turbines and goodwill related to GE's Power business. The lawsuit seeks damages on behalf of shareholders who acquired GE stock between December 4, 2017 and December 6, 2018. In August 2019, the lead plaintiff filed a second amended complaint. In September 2019, GE filed a motion to dismiss the second amended complaint. In February 2019, a securities action (the Touchstone case) was filed in the U.S. District Court for the Southern District of New York naming as defendants GE and current and former GE executive officers. It alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Section 1707.43 of the Ohio Securities Act and common law fraud based on alleged misstatements regarding insurance reserves, GE Power’s revenue recognition practices related to long term service agreements, GE’s acquisition of Alstom, and the goodwill recognized in connection with that transaction. The lawsuit seeks damages on behalf of six institutional investors who purchased GE common stock between August 1, 2014 and October 30, 2018 and rescission of those purchases. This case has been stayed pending resolution of the motion to dismiss the Hachem case. As previously reported by Baker Hughes, in March 2019, two derivative lawsuits were filed in the Delaware Court of Chancery naming as defendants GE, directors of Baker Hughes (including former members of GE’s Board of Directors and current and former GE executive officers) and Baker Hughes (as nominal defendant), and the court issued an order consolidating these two actions (the Schippnick case). The complaint as amended in May 2019 alleges, among other things, that GE and the Baker Hughes directors breached their fiduciary duties and that GE was unjustly enriched by entering into transactions and agreements related to GE's sales of approximately 12% of its ownership interest in Baker Hughes in November 2018. The complaint seeks declaratory relief, disgorgement of profits, an award of damages, pre- and post-judgment interest and attorneys’ fees and costs. In May 2019, the plaintiffs voluntarily dismissed their claims against the directors who were members of the Baker Hughes Conflicts Committee and a former Baker Hughes director. In October 2019, the Court denied the remaining defendants’ motions to dismiss, except with respect to the unjust enrichment claim against GE, which has been dismissed. In November 2019, the defendants filed their answer to the complaint, and a special litigation committee of the Baker Hughes Board of Directors moved for an order staying all proceedings in this action pending completion of the committee's investigation of the allegations and claims asserted in the complaint. In December 2019, the court granted a six-month stay. In August 2019, a putative class action (the Tri-State case) was filed in the Delaware Court of Chancery naming as defendants GE and the former Board of Directors of Baker Hughes Incorporated (BHI). It alleges fraud, aiding and abetting breaches of fiduciary duty, and aiding and abetting breaches of duty of disclosure by GE based on allegations regarding financial statements that GE provided the former BHI board, management and shareholders in connection with BHI’s merger with GE’s Oil and Gas Business in July 2017. The plaintiff seeks damages on behalf of BHI shareholders during the period between October 7, 2016 and July 5, 2017. In October 2019, the City of Providence filed a complaint containing allegations substantially similar to those in the Tri-State complaint. The cases were consolidated in November 2019, and in December 2019, the plaintiffs filed an amended consolidated complaint which is similar to the prior complaints but does not include fraud claims against GE. These cases are at an early stage; we believe we have defenses to the claims and are responding accordingly. SEC investigation. In late November 2017, staff of the Boston office of the U.S. Securities & Exchange Commission (SEC) notified us that they are conducting an investigation of GE’s revenue recognition practices and internal controls over financial reporting related to long-term service agreements. Following our investor update in January 2018 about the increase in future policy benefit reserves for GE Capital’s run-off insurance operations, the SEC staff expanded the scope of its investigation to encompass the reserve increase and the process leading to the reserve increase. Following our announcement in October 2018 about the expected non-cash goodwill impairment charge related to GE’s Power business, the SEC expanded the scope of its investigation to include that charge as well. We are providing documents and other information requested by the SEC staff, and we are cooperating with the ongoing investigation. Staff from the DOJ are also investigating these matters, and we are providing them with requested documents and information as well. Other GE Retirement Savings Plan class actions. Four putative class action lawsuits have been filed regarding the oversight of the GE RSP, and those class actions have been consolidated into a single action in the U.S. District Court for the District of Massachusetts. The consolidated complaint names as defendants GE, GE Asset Management, current and former GE and GE Asset Management executive officers and employees who served on fiduciary bodies responsible for aspects of the GE RSP during the class period. Like similar lawsuits that have been brought against other companies in recent years, this action alleges that the defendants breached their fiduciary duties under ERISA in their oversight of the GE RSP, principally by retaining five proprietary funds that plaintiffs allege were underperforming as investment options for plan participants and by charging higher management fees than some alternative funds. The plaintiffs seek unspecified damages on behalf of a class of GE RSP participants and beneficiaries from September 26, 2011 through the date of any judgment. In August and December 2018, the court issued orders dismissing one count of the complaint and denying GE's motion to dismiss the remaining counts. We believe we have defenses to the claims and are responding accordingly. Bank BPH. As previously reported, GE Capital’s subsidiary Bank BPH, along with other Polish banks, has been subject to ongoing litigation in Poland related to its portfolio of floating rate residential mortgages, with cases brought by individual borrowers seeking relief related to their foreign currency-denominated mortgages in various courts throughout Poland. Approximately 86% of the Bank BPH portfolio is indexed to or denominated in foreign currencies (primarily Swiss francs), and the total portfolio had a carrying value of $2.5 billion at December 31, 2019. In October 2019, the European Court of Justice (ECJ) issued a decision about the approach to remedy in a case involving another Polish bank’s foreign currency loans, and in January 2020, a pending case involving a Bank BPH loan was referred to the ECJ. While there remains significant uncertainty as to how the prior ECJ decision, or a future decision on the Bank BPH case, will influence the Polish courts as they consider individual cases, we are observing an increase in the number of lawsuits brought against Bank BPH and other banks in Poland with similar portfolios that may continue in future reporting periods. We also believe there is a potential for unifying rules of decision to emerge regarding both the finding of liability and approach to remedy that could change our estimate of the potential effects of borrower litigation. Future adverse developments in the potential for legislative relief or in litigation across the Polish banking industry as a result of ECJ decisions or otherwise could result in losses related to these loans in future reporting periods. 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 and nuclear decommissioning regulations. Additionally, like many other industrial companies, we and our subsidiaries are defendants in various lawsuits related to alleged worker exposure to asbestos or other hazardous materials. Liabilities for environmental remediation, nuclear decommissioning and worker exposure claims exclude possible insurance recoveries. 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 sites and lawsuits, such amounts are not reasonably estimable. Total reserves related to environmental remediation, nuclear decommissioning and worker exposure claims were $2,484 million and $2,172 million at December 31, 2019 and 2018, respectively. As previously reported, in 2000, GE and the Environmental Protection Agency (EPA) entered into a consent decree relating to PCB cleanup of the Housatonic River in Massachusetts. Following EPA’s release in September 2015 of an intended final remediation decision, GE and EPA engaged in mediation and the first step of the dispute resolution process contemplated by the consent decree. In October 2016, the EPA issued its final decision pursuant to the consent decree, which GE and several other interested parties appealed to EPA’s Environmental Appeals Board (EAB). The EAB issued its decision in January 2018, affirming parts of EPA’s decision and granting relief to GE on certain significant elements of its challenge. The EAB remanded the decision back to EPA to address those elements and reissue a revised final remedy, and EPA convened a mediation process with GE and interested stakeholders. In February 2020, EPA announced an agreement between EPA and many of the mediation stakeholders, including GE, concerning a revised Housatonic River remedy. EPA will next propose this remedy for public comment and then finalize a revised remedy. As of December 31, 2019, and based on its assessment of current facts and circumstances and its defenses, GE believes that it has recorded adequate reserves to cover future obligations associated with the proposed final remedy. Expenditures for site remediation, nuclear decommissioning and worker exposure claims amounted to approximately $236 million , $214 million , and $227 million for the years ended December 31, 2019, 2018, and 2017, respectively. We presently expect that such expenditures will be approximately $350 million and $250 million in 2020 and 2021, respectively.

CASH FLOWS INFORMATION

CASH FLOWS INFORMATION	12 Months Ended
	Dec. 31, 2019
Supplemental Cash Flow Information [Abstract]
CASH FLOWS INFORMATION	NOTE 24. 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 captions 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 caption are net of cash acquired and included certain deal-related costs and debt assumed and immediately repaid in acquisitions. GE For the years ended December 31 (In millions) 2019 2018 2017 Increase (decrease) in employee benefit liabilities(a) $ 227 $ 587 $ (68 ) Other gains on investing activities (723 ) (378 ) (138 ) Restructuring and other charges(b) 1,144 2,244 2,781 Restructuring and other cash expenditures (1,157 ) (1,474 ) (1,484 ) Increase (decrease) in equipment project accruals (314 ) (939 ) (212 ) Baker Hughes Class B dividends received 282 494 251 Other(c) 613 142 374 All other operating activities $ 72 $ 676 $ 1,504 Derivative settlements (net) $ (14 ) $ (947 ) $ (1,016 ) Investments in intangible assets (net) (30 ) (496 ) (321 ) Other investments (net)(d) 791 726 (1,404 ) Sales of retained ownership interests in Wabtec 3,383 — — Other(e) (455 ) 77 (6,698 ) All other investing activities $ 3,675 $ (640 ) $ (9,439 ) Disposition of Baker Hughes noncontrolling interests $ — $ 4,373 $ 308 Acquisition of noncontrolling interests(f) (28 ) (3,345 ) (135 ) Other(g) (284 ) 79 117 All other financing activities $ (312 ) $ 1,107 $ 290 Open market purchases under share repurchase program $ (10 ) $ (245 ) $ (3,506 ) Other purchases (47 ) (23 ) (67 ) Dispositions 84 250 1,021 Net dispositions (purchases) of GE shares for treasury $ 29 $ (17 ) $ (2,550 ) (a) Included non-cash adjustments for stock-based compensation expenses. (b) Excluded 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. (c) 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. (d) Included the provision of a promissory note to Baker Hughes in 2017 and subsequent principal collections in 2018 and 2019. See Note 2 . (e) Included net activity related to settlements between our continuing operations and discontinued operations. In 2017, this was primarily driven by funding in order to complete the Baker Hughes acquisition. (f) Primarily included the acquisition of Alstom's interest in the grid technology, renewable energy, and global nuclear and French steam power joint ventures for $(3,105) million in the fourth quarter of 2018. See Note 16. (g) Primarily included debt tender expenditures of $(255) million incurred to purchase GE long-term debt in 2019. GE CAPITAL For the years ended December 31 (In millions) 2019 2018 2017 Cash collateral and settlements received (paid) on derivative contracts $ 1,263 $ (708 ) $ 836 Increase (decrease) in other liabilities (1,470 ) 240 (798 ) Other(a) 811 627 11,076 All other operating activities $ 605 $ 158 $ 11,114 Increase in loans to customers $ (15,022 ) $ (30,207 ) $ (45,251 ) Principal collections from customers - loans 18,083 37,237 47,471 Investment in equipment for financing leases (18 ) (306 ) (585 ) Principal collections from customers - financing leases(b) — 802 1,011 Sales of financing receivables 345 2,458 251 Net decrease (increase) in GE Capital financing receivables $ 3,389 $ 9,986 $ 2,897 Purchases of investment securities $ (6,205 ) $ (5,775 ) $ (2,867 ) Dispositions and maturities of investment securities 4,589 8,309 10,001 Decrease (increase) in other assets - investments 1,347 (4,516 ) (8,497 ) Other(c) 2,886 2,464 4,375 All other investing activities $ 2,617 $ 482 $ 3,013 Short-term (91 to 365 days) $ (10,515 ) $ (14,251 ) $ (18,591 ) Long-term (longer than one year) (991 ) (5,460 ) (2,054 ) Principal payments - non-recourse, leveraged leases (126 ) (125 ) (362 ) Repayments and other reductions (maturities longer than 90 days) $ (11,632 ) $ (19,836 ) $ (21,007 ) Redemption of investment contracts $ (279 ) $ (268 ) $ (344 ) Settlements paid on derivative contracts (864 ) (2,235 ) (212 ) Other 324 95 276 All other financing activities $ (819 ) $ (2,408 ) $ (280 ) (a) Primarily included non-cash adjustments for insurance-related charges recorded in 2019 and 2017. (b) In 2019, per ASU No. 2016-02, Leases, principal collections from customers on financing leases is classified as cash from operating activities. (c) Primarily included cash related to our current receivables and supply chain finance programs and net activity related to settlements between our continuing operations (primarily our treasury operations) and businesses in discontinued operations.

INTERCOMPANY TRANSACTIONS

INTERCOMPANY TRANSACTIONS	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
INTERCOMPANY TRANSACTIONS	NOTE 25. INTERCOMPANY TRANSACTIONS Transactions between related companies 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: expenses related to parent-subsidiary pension plans; buildings and equipment leased between GE and GE Capital, including sale-leaseback transactions; information technology (IT) and other services sold to GE Capital by GE; settlements of tax liabilities; and various investments, loans and allocations of GE corporate overhead costs. Presented below is a walk of intercompany eliminations from the combined GE and GE Capital totals to the consolidated cash flows. (In millions) 2019 2018 2017 Combined GE and GE Capital cash from (used for) operating activities - continuing operations $ 6,495 $ 2,282 $ 13,853 GE current receivables sold to GE Capital 1,081 5 (4,435 ) GE long-term receivables sold to GE Capital 468 1,079 (250 ) Supply chain finance programs(a) 2,289 (18 ) 302 GE Capital common dividends to GE — — (4,016 ) Other reclassifications and eliminations 86 (138 ) 387 Consolidated cash from (used for) operating activities-continuing operations $ 10,419 $ 3,210 $ 5,840 Combined GE and GE Capital cash from (used for) investing activities - continuing operations $ 13,509 $ 14,915 $ (3,473 ) GE current receivables sold to GE Capital (1,677 ) (839 ) 4,561 GE long-term receivables sold to GE Capital (468 ) (1,079 ) 250 Supply chain finance programs(a) (2,289 ) 18 (302 ) GE Capital loans to GE — 6,479 7,271 Repayment of GE Capital loans by GE (1,523 ) — (1,329 ) Capital contribution from GE to GE Capital 4,000 — — Other reclassifications and eliminations (868 ) (570 ) (251 ) Consolidated cash from (used for) investing activities-continuing operations $ 10,684 $ 18,925 $ 6,728 Combined GE and GE Capital cash from (used for) financing activities - continuing operations $ (14,665 ) $ (22,408 ) $ (21,738 ) GE current receivables sold to GE Capital 596 835 (127 ) GE Capital common dividends to GE — — 4,016 GE Capital loans to GE — (6,479 ) (7,271 ) Repayment of GE Capital loans by GE 1,523 — 1,329 Capital contribution from GE to GE Capital (4,000 ) — — Other reclassifications and eliminations 782 706 (136 ) Consolidated cash from (used for) financing activities-continuing operations $ (15,764 ) $ (27,345 ) $ (23,927 ) (a) Represents the reduction of the GE liability associated with the funded participation in a supply chain finance program with GE Capital, primarily as a result of GE Capital's sale of the program platform to MUFG Union Bank, N.A. (MUFG) in 2019. GE current receivables sold to GE Capital excludes $303 million , $5,192 million and $4,411 million related to cash payments received on the Receivable facility deferred purchase price in the years ended December 31, 2019, 2018 and 2017, respectively, which are reflected as Cash from investing activities in the GE Capital and Consolidated 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.

OPERATING SEGMENTS

OPERATING SEGMENTS	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
OPERATING SEGMENTS	NOTE 26. OPERATING SEGMENTS BASIS FOR PRESENTATION. Our operating businesses are organized based on the nature of markets and customers. Segment accounting policies are the same as described and referenced in Note 1. Segment results for our financial services businesses reflect the discrete tax effect of transactions. A description of our operating segments as of December 31, 2019 , can be found in the Summary of Operating Segments section within MD&A. Years ended December 31 Total revenues(a) Intersegment revenues(b) External revenues REVENUES (In millions) 2019 2018 2017 2019 2018 2017 2019 2018 2017 Power $ 18,625 $ 22,150 $ 29,426 $ 357 $ 152 $ 326 $ 18,267 $ 21,997 $ 29,100 Renewable Energy 15,337 14,288 14,321 139 186 242 15,198 14,102 14,080 Aviation 32,875 30,566 27,013 758 375 459 32,117 30,191 26,554 Healthcare 19,942 19,784 19,017 — — — 19,942 19,784 19,017 Total industrial segment revenues 86,778 86,789 89,776 1,254 714 1,027 85,524 86,075 88,749 Capital 8,741 9,551 9,070 971 1,384 1,558 7,770 8,167 7,512 Corporate items and eliminations (305 ) 673 433 (2,225 ) (2,097 ) (2,585 ) 1,920 2,770 3,018 Total $ 95,214 $ 97,012 $ 99,279 $ — $ — $ — $ 95,214 $ 97,012 $ 99,279 (a) Revenues of GE businesses include income from sales of goods and services to customers. (b) Sales from one component to another generally are priced at equivalent commercial selling prices. The equipment and services revenues classification in the table below is consistent with our segment MD&A presentation. Years ended December 31 2019 2018 2017 (In millions) Equipment Services Total Equipment Services Total Equipment Services Total Power $ 6,247 $ 12,378 $ 18,625 $ 8,077 $ 14,073 $ 22,150 $ 12,909 $ 16,517 $ 29,426 Renewable Energy 12,267 3,069 15,337 11,419 2,870 14,288 13,969 352 14,321 Aviation 12,804 20,071 32,875 11,499 19,067 30,566 10,215 16,797 27,013 Healthcare 11,585 8,357 19,942 11,422 8,363 19,784 10,771 8,246 19,017 Total industrial segment revenues $ 42,904 $ 43,875 $ 86,778 $ 42,416 $ 44,372 $ 86,789 $ 47,864 $ 41,913 $ 89,776 SEGMENT REVENUES Years ended December 31 (In millions) 2019 2018 2017 Gas Power $ 13,122 $ 13,296 $17,100 Power Portfolio 5,503 8,853 12,326 Power $ 18,625 $ 22,150 $ 29,426 Onshore Wind $ 10,421 $ 8,220 $ 8,055 Grid Solutions equipment and services 4,062 4,772 5,117 Other 855 1,296 1,149 Renewable Energy $ 15,337 $ 14,288 $ 14,321 Commercial $ 24,217 $ 22,724 $ 19,709 Military 4,389 4,103 3,991 Systems & Other 4,269 3,740 3,314 Aviation $ 32,875 $ 30,566 $ 27,013 Healthcare Systems $ 14,648 $ 14,886 $ 14,460 Life Sciences 5,294 4,898 4,557 Healthcare $ 19,942 $ 19,784 $ 19,017 Total industrial segment revenues $ 86,778 $ 86,789 $ 89,776 Capital(a) 8,741 9,551 9,070 Corporate items and eliminations (305 ) 673 433 Consolidated revenues $ 95,214 $ 97,012 $ 99,279 (a) Substantially all of our revenues at GE Capital are outside of the scope of ASC 606. Revenues from customers located in the United States were $39,372 million , $39,876 million and $41,468 million for the years ended December 31, 2019, 2018 and 2017, respectively. Revenues from customers located outside the United States were $55,843 million , $57,136 million and $57,811 million for the years ended December 31, 2019, 2018 and 2017, respectively. REMAINING PERFORMANCE OBLIGATION. As of December 31, 2019, the aggregate amount of the contracted revenues allocated to our unsatisfied (or partially unsatisfied) performance obligations was $ 245,434 million. We expect to recognize revenue as we satisfy our remaining performance obligations as follows: 1) equipment-related remaining performance obligation of $ 48,487 million of which 58% , 76% and 88% is expected to be recognized within 1 , 2 and 5 years, respectively, and the remaining thereafter; and 2) services-related remaining performance obligations of $ 196,947 million of which 14% , 46% , 72% and 83% 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. Total sales of goods and services to agencies of the U.S. Government were 5% , 5% and 4% of GE revenues for the years ended December 31, 2019 , 2018 and 2017 , respectively. Within our Aviation segment, defense-related sales were 5% , 4% and 4% of GE revenues for the years ended December 31, 2019 , 2018 and 2017 , respectively. PROFIT AND EARNINGS For the years ended December 31 (In millions) 2019 2018 2017 Power $ 386 $ (808 ) $ 1,894 Renewable Energy (666 ) 292 728 Aviation 6,820 6,466 5,370 Healthcare 3,896 3,698 3,488 Total industrial segment profit 10,436 9,647 11,479 Capital (530 ) (489 ) (6,765 ) Total segment profit 9,906 9,158 4,714 Corporate items and eliminations (2,212 ) (2,837 ) (3,798 ) GE goodwill impairments (1,486 ) (22,136 ) (1,165 ) GE interest and other financial charges (2,115 ) (2,415 ) (2,538 ) GE non-operating benefit costs (2,828 ) (2,740 ) (2,409 ) GE provision for income taxes (1,309 ) (467 ) (3,493 ) Earnings (loss) from continuing operations attributable to GE common shareholders (44 ) (21,438 ) (8,689 ) Earnings (loss) from discontinued operations, net of taxes (5,335 ) (1,363 ) (312 ) Less net earnings (loss) attributable to noncontrolling interests, discontinued operations 60 1 (81 ) Earnings (loss) from discontinued operations, net of taxes and noncontrolling interests (5,395 ) (1,364 ) (231 ) Consolidated net earnings (loss) attributable to GE common shareholders $ (5,439 ) $ (22,802 ) $ (8,920 ) Interest and other financial charges Benefit (provision) for income taxes For the years ended December 31 (In millions) 2019 2018 2017 2019 2018 2017 Capital $ 2,532 $ 2,982 $ 3,145 $ 582 $ 374 $ 6,302 Corporate items and eliminations(a) 1,695 1,784 1,510 (1,309 ) (467 ) (3,493 ) Total $ 4,227 $ 4,766 $ 4,655 $ (726 ) $ (93 ) $ 2,808 (a) Included amounts for Power, Renewable Energy, Aviation and Healthcare, for which our measure of segment profit excludes interest and other financial charges and income taxes. Assets Property, plant and Depreciation and amortization(b) At December 31 For the years ended December 31 For the years ended December 31 (In millions) 2019 2018 2017 2019 2018 2017 2019 2018 2017 Power $ 26,731 $ 27,389 $ 55,827 $ 277 $ 358 $ 1,018 $ 880 $ 1,307 $ 1,228 Renewable Energy 15,935 16,400 18,466 455 303 677 425 474 382 Aviation 41,647 38,021 37,473 1,031 1,070 1,426 1,150 1,042 979 Healthcare 30,514 28,048 28,408 395 378 393 702 832 806 Capital(c) 117,546 119,329 150,805 3,830 4,569 3,680 2,083 2,163 2,342 Corporate items and eliminations(d) 29,565 18,032 10,758 (175 ) (46 ) (64 ) 355 763 456 Total continuing $ 261,939 $ 247,219 $ 301,737 $ 5,813 $ 6,632 $ 7,130 $ 5,595 $ 6,582 $ 6,193 (a) Additions to property, plant and equipment include amounts relating to principal businesses purchased. (b) Included amortization expense related to intangible assets. (c) Included Capital deferred income taxes that are presented as assets for purposes of our balance sheet presentation. (d) Included GE deferred income taxes that are presented as assets for purposes of our balance sheet presentation. Total assets of Power, Renewable Energy, Aviation, Healthcare, Capital and Corporate at December 31, 2019 , include investments in and advances to associated companies of $565 million , $630 million , $2,073 million , $245 million , $2,159 million and $45 million , respectively. Investments in and advances to associated companies contributed approximately $(4) million , $(2) million , $204 million , $19 million , $324 million and $(11) million to pre-tax income for the year ended December 31, 2019 of Power, Renewable Energy, Aviation, Healthcare, Capital and Corporate, respectively. We classify certain assets that cannot meaningfully be associated with specific geographic areas as “Other Global” for this purpose. December 31 (In millions) 2019 2018 U.S. $ 144,405 $ 126,566 Non-U.S. Europe 70,565 70,007 Asia 22,089 22,355 Americas 13,435 12,871 Other Global 11,445 15,420 Total Non-U.S. $ 117,534 $ 120,653 Total assets (Continuing Operations) $ 261,939 $ 247,219 The increase in total continuing assets from December 31, 2018 to December 31, 2019 is primarily due to the deconsolidation of our Baker Hughes segment and classification of our retained interest in Baker Hughes within investment securities, as well as lower sales of receivables and the effect of adopting new leasing standards. Property, plant and equipment – net associated with operations based in the United States were $11,992 million , $11,868 million and $12,393 million at December 31, 2019 , 2018 and 2017 , respectively. Property, plant and equipment – net associated with operations based outside the United States were $31,298 million , $31,743 million and $33,576 million at December 31, 2019 , 2018 and 2017 , respectively.

GUARANTOR FINANCIAL INFORMATION

GUARANTOR FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract]
GUARANTOR FINANCIAL INFORMATION	NOTE 27. 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 YEAR ENDED DECEMBER 31, 2019 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 28,078 $ — $ — $ 154,927 $ (95,518 ) $ 87,487 GE Capital revenues from services — 964 64 9,949 (3,250 ) 7,728 Total revenues 28,078 964 64 164,876 (98,768 ) 95,214 Interest and other financial charges 1,612 980 1,405 1,975 (1,745 ) 4,227 Other costs and expenses 32,563 1 — 166,371 (106,876 ) 92,059 Total costs and expenses 34,175 981 1,406 168,346 (108,622 ) 96,287 Other income (3,853 ) — — 30,453 (24,378 ) 2,222 Equity in earnings (loss) of affiliates 5,923 — 1,290 75,445 (82,658 ) — Earnings (loss) from continuing operations before income taxes (4,028 ) (17 ) (52 ) 102,427 (97,182 ) 1,149 Benefit (provision) for income taxes (1,143 ) 1 — (228 ) 643 (726 ) Earnings (loss) from continuing operations (5,170 ) (16 ) (52 ) 102,200 (96,539 ) 423 Earnings (loss) from discontinued operations, net of taxes 192 — 59 — (5,585 ) (5,335 ) Net earnings (loss) (4,979 ) (16 ) 7 102,200 (102,124 ) (4,912 ) Less net earnings (loss) attributable to noncontrolling interests — — — 7 59 66 Net earnings (loss) attributable to the Company (4,979 ) (16 ) 7 102,192 (102,184 ) (4,979 ) Other comprehensive income 2,681 — (1,022 ) 2,280 (1,258 ) 2,681 Comprehensive income (loss) attributable to the Company $ (2,297 ) $ (16 ) $ (1,015 ) $ 104,472 $ (103,441 ) $ (2,297 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 2018 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 34,972 $ — $ — $ 164,691 $ (110,723 ) $ 88,940 GE Capital revenues from services — 917 1,038 9,531 (3,414 ) 8,072 Total revenues 34,972 917 1,038 174,222 (114,136 ) 97,012 Interest and other financial charges 1,728 911 2,560 2,459 (2,893 ) 4,766 Other costs and expenses 47,471 — 1 186,262 (118,180 ) 115,554 Total costs and expenses 49,199 911 2,561 188,721 (121,073 ) 120,320 Other income 3,910 — — 29,268 (30,857 ) 2,321 Equity in earnings (loss) of affiliates (11,404 ) — 1,554 240,036 (230,186 ) — Earnings (loss) from continuing operations before income taxes (21,721 ) 6 31 254,803 (254,106 ) (20,987 ) Benefit (provision) for income taxes 1,092 5 — (2,381 ) 1,191 (93 ) Earnings (loss) from continuing operations (20,629 ) 11 31 252,422 (252,915 ) (21,080 ) Earnings (loss) from discontinued operations, net of taxes (1,726 ) — (39 ) — 401 (1,363 ) Net earnings (loss) (22,355 ) 11 (8 ) 252,422 (252,514 ) (22,443 ) Less net earnings (loss) attributable to noncontrolling interests — — — (204 ) 116 (89 ) Net earnings (loss) attributable to the Company (22,355 ) 11 (8 ) 252,627 (252,629 ) (22,355 ) Other comprehensive income (10 ) — (82 ) (2,840 ) 2,922 (10 ) Comprehensive income (loss) attributable to the Company $ (22,364 ) $ 11 $ (90 ) $ 249,786 $ (249,707 ) $ (22,364 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 2017 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 35,551 $ — $ — $ 161,172 $ (104,782 ) $ 91,942 GE Capital revenues from services — 703 800 9,888 (4,053 ) 7,337 Total revenues 35,551 703 800 171,060 (108,835 ) 99,279 Interest and other financial charges 1,644 652 2,006 3,343 (2,990 ) 4,655 Other costs and expenses 38,765 — 18 177,223 (107,954 ) 108,052 Total costs and expenses 40,409 653 2,023 180,566 (110,943 ) 112,707 Other income (959 ) — — 75,291 (72,249 ) 2,083 Equity in earnings (loss) of affiliates 553 — 1,938 109,521 (112,012 ) — Earnings (loss) from continuing operations before income taxes (5,263 ) 50 714 175,307 (182,152 ) (11,345 ) Benefit (provision) for income taxes (2,896 ) (5 ) 115 5,877 (282 ) 2,808 Earnings (loss) from continuing operations (8,159 ) 45 829 181,184 (182,435 ) (8,536 ) Earnings (loss) from discontinued operations, net of taxes (325 ) — 41 4 (32 ) (312 ) Net earnings (loss) (8,484 ) 45 870 181,187 (182,467 ) (8,849 ) Less net earnings (loss) attributable to noncontrolling interests — — — (137 ) (228 ) (365 ) Net earnings (loss) attributable to the Company (8,484 ) 45 870 181,324 (182,239 ) (8,484 ) Other comprehensive income 4,184 — 567 (7,552 ) 6,985 4,184 Comprehensive income (loss) attributable to the Company $ (4,300 ) $ 45 $ 1,436 $ 173,773 $ (175,254 ) $ (4,300 ) CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2019 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash, cash equivalents and restricted cash $ 10,591 $ — $ — $ 26,438 $ (636 ) $ 36,394 Receivables - net 47,170 17,726 230 61,026 (99,104 ) 27,047 Investment in subsidiaries 147,397 — 40,408 421,613 (609,418 ) — All other assets 28,377 236 — 291,995 (118,000 ) 202,607 Total assets $ 233,535 $ 17,961 $ 40,638 $ 801,071 $ (827,158 ) $ 266,048 Short-term borrowings $ 135,172 $ — $ 2,981 $ 9,712 $ (125,792 ) $ 22,072 Long-term and non-recourse borrowings 40,660 16,771 24,417 34,262 (47,301 ) 68,809 All other liabilities 66,808 161 70 146,972 (68,705 ) 145,306 Total liabilities 242,640 16,932 27,468 190,946 (241,799 ) 236,187 Total liabilities and equity $ 233,535 $ 17,961 $ 40,638 $ 801,071 $ (827,158 ) $ 266,048 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 30,466 17,467 2,792 69,268 (90,504 ) 29,488 Investment in subsidiaries 176,239 — 45,832 733,535 (955,605 ) — All other assets 29,615 12 — 359,063 (138,230 ) 250,460 Total assets $ 245,881 $ 17,479 $ 48,623 $ 1,187,841 $ (1,188,751 ) $ 311,072 Short-term borrowings $ 150,426 $ — $ 9,854 $ 9,649 $ (157,153 ) $ 12,776 Long-term and non-recourse borrowings 59,800 16,115 24,341 41,066 (50,498 ) 90,824 All other liabilities 43,872 336 245 153,160 (41,622 ) 155,992 Total liabilities 254,098 16,452 34,439 203,875 (249,273 ) 259,591 Total liabilities and equity $ 245,881 $ 17,479 $ 48,623 $ 1,187,841 $ (1,188,751 ) $ 311,072 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2019 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ 5,526 $ 137 $ (1,685 ) $ 33,515 $ (28,721 ) $ 8,772 Cash from (used for) investing activities 32,210 (137 ) 6,223 400,190 (429,548 ) 8,939 Cash from (used for) financing activities (36,706 ) — (4,538 ) (436,933 ) 462,045 (16,133 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — (50 ) — (50 ) Increase (decrease) in cash, cash equivalents and restricted cash 1,030 — — (3,277 ) 3,776 1,529 Cash, cash equivalents and restricted cash at beginning of year 9,561 — — 30,399 (4,412 ) 35,548 Cash, cash equivalents and restricted cash at end of year 10,591 — — 27,121 (636 ) 37,077 Less cash, cash equivalents and restricted cash of discontinued operations at end of year — — — 638 — 638 Cash, cash equivalents and restricted cash of continuing operations at end of year $ 10,591 $ — $ — $ 26,484 $ (636 ) $ 36,439 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $(1,282) million . CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2018 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ 42,950 $ (387 ) $ 34,361 $ 328,029 $ (399,976 ) $ 4,978 Cash from (used for) investing activities 1,292 457 27,415 (297,621 ) 286,736 18,280 Cash from (used for) financing activities (38,154 ) (70 ) (61,779 ) (48,782 ) 116,979 (31,807 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — (628 ) — (628 ) Increase (decrease) in cash, cash equivalents and restricted cash 6,089 — (3 ) (19,002 ) 3,739 (9,176 ) Cash, cash equivalents and restricted cash at beginning of year 3,472 — 3 49,400 (8,151 ) 44,724 Cash, cash equivalents and restricted cash at end of year 9,561 — — 30,399 (4,412 ) 35,548 Less cash, cash equivalents and restricted cash of discontinued operations at end of year — — — 4,424 — 4,424 Cash, cash equivalents and restricted cash of continuing operations at end of year $ 9,561 $ — $ — $ 25,975 $ (4,412 ) $ 31,124 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $1,991 million . CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2017 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ (29,441 ) $ 52 $ 4,305 $ 149,385 $ (117,747 ) $ 6,554 Cash from (used for) investing activities (4,432 ) (52 ) (1,871 ) (222,298 ) 234,032 5,379 Cash from (used for) financing activities 34,616 — (2,473 ) 70,782 (121,410 ) (18,484 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — 891 — 891 Increase (decrease) in cash, cash equivalents and restricted cash 743 — (39 ) (1,239 ) (5,125 ) (5,659 ) Cash, cash equivalents and restricted cash at beginning of year 2,729 — 41 50,640 (3,026 ) 50,384 Cash, cash equivalents and restricted cash at end of year 3,472 — 3 49,400 (8,151 ) 44,724 Less cash, cash equivalents and restricted cash of discontinued operations at end of year — — — 7,901 — 7,901 Cash, cash equivalents and restricted cash of continuing operations at end of year $ 3,472 $ — $ 3 $ 41,499 $ (8,151 ) $ 36,823 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $239 million .

BAKER HUGHES SUMMARIZED FINANCI

BAKER HUGHES SUMMARIZED FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]
BAKER HUGHES SUMMARIZED FINANCIAL INFORMATION	NOTE 28. BAKER HUGHES SUMMARIZED FINANCIAL INFORMATION In September 2019, we deconsolidated our Baker Hughes segment and elected to account for our remaining interest in Baker Hughes (comprising 377.4 million shares and a promissory note receivable) at fair value. At December 31, 2019, the fair value of our interest in Baker Hughes was $9,888 million . Since the date of deconsolidation, we have not sold any shares of Baker Hughes and recognized an unrealized gain of $793 million for the period ended December 31, 2019 based on a share price of $25.63 . See Notes 2 and 3 for further information. Summarized financial information of Baker Hughes from the date of deconsolidation is as follows. From September 16 to December 31, 2019 (In millions) Revenues $ 7,751 Gross Profit 1,558 Net income (loss) 120 Net income (loss) attributable to the entity 60 December 31, 2019 (In millions) Current $ 15,222 Noncurrent 38,147 Total assets $ 53,369 Current $ 10,014 Noncurrent 8,857 Total liabilities $ 18,871 Noncontrolling interests $ 12,570 Baker Hughes is a SEC registrant with separate filing requirements, and its financial information can be obtained from www.sec.gov or www.bakerhughes.com.

QUARTERLY INFORMATION (UNAUDITE

QUARTERLY INFORMATION (UNAUDITED)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY INFORMATION (UNAUDITED)	NOTE 29. QUARTERLY INFORMATION (UNAUDITED) First quarter Second quarter Third quarter Fourth quarter (In millions; per-share amounts in dollars) 2019 2018 2019 2018 2019 2018 2019 2018 Consolidated operations Earnings (loss) from continuing operations $ 983 $ 446 $ (115 ) $ 791 $ (1,290 ) $ (23,014 ) $ 845 $ 697 Earnings (loss) from discontinued operations 2,663 (1,559 ) 219 (122 ) (8,093 ) 155 (123 ) 163 Net earnings (loss) 3,645 (1,113 ) 104 669 (9,383 ) (22,859 ) 721 860 Less net earnings (loss) attributable to noncontrolling interests 57 34 (23 ) (132 ) 40 (90 ) (7 ) 99 Net earnings (loss) attributable to the Company $ 3,588 $ (1,147 ) $ 127 $ 800 $ (9,423 ) $ (22,769 ) $ 728 $ 761 Per-share amounts – earnings (loss) from continuing operations Diluted earnings (loss) per share $ 0.10 $ 0.03 $ (0.03 ) $ 0.08 $ (0.15 ) $ (2.64 ) $ 0.07 $ 0.06 Basic earnings (loss) per share 0.10 0.03 (0.03 ) 0.08 (0.15 ) (2.64 ) 0.08 0.06 Per-share amounts – earnings (loss) from discontinued operations Diluted earnings (loss) per share 0.30 (0.17 ) 0.03 (0.01 ) (0.93 ) 0.02 (0.02 ) 0.01 Basic earnings (loss) per share 0.30 (0.17 ) 0.03 (0.01 ) (0.93 ) 0.02 (0.01 ) 0.01 Per-share amounts – net earnings (loss) Diluted earnings (loss) per share 0.40 (0.14 ) (0.01 ) 0.07 (1.08 ) (2.62 ) 0.06 0.07 Basic earnings (loss) per share 0.41 (0.14 ) (0.01 ) 0.07 (1.08 ) (2.62 ) 0.06 0.07 Dividends declared 0.01 0.12 0.01 0.12 0.01 0.12 0.01 0.01 Selected data GE Sales of goods and services $ 20,324 $ 21,138 $ 21,416 $ 22,190 $ 21,519 $ 21,273 $ 24,460 $ 24,437 Gross profit from sales 4,494 4,879 4,500 5,100 4,660 3,924 5,780 4,261 GE Capital Total revenues 2,227 2,173 2,321 2,429 2,097 2,473 2,096 2,476 Earnings (loss) from continuing operations attributable to the Company 175 (179 ) 99 (22 ) (603 ) 58 259 101 For GE, gross profit from sales is sales of goods and services less costs of goods and services sold. Earnings-per-share amounts are computed independently each quarter for earnings (loss) from continuing operations, earnings (loss) from discontinued operations and net earnings (loss). As a result, the sum of each quarter’s per-share amount may not equal the total per-share amount for the respective year; and the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings (loss) for the respective quarters.

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
FINANCIAL STATEMENT PRESENTATION	FINANCIAL STATEMENT PRESENTATION. We present our financial statements in a three-column format, which allows investors to see our GE industrial operations separately from our financial services operations. We believe that this provides useful supplemental information to our consolidated financial statements. To the extent that we have transactions between GE and GE Capital, these transactions are made on arm's length terms, are reported in the respective columns of our financial statements and are eliminated in consolidation. See Note 25 for further information. Our financial statements are prepared in conformity with U.S. generally accepted accounting principles (GAAP), which requires us to make estimates based on assumptions about current, and for some estimates, future, economic and market conditions which affect reported amounts and related disclosures in our financial statements. Although our current estimates contemplate current and expected future conditions, it is reasonably possible that actual conditions could differ from our expectations, which could materially affect our results of operations and financial position. BASIS FOR PRESENTATION. Our operating businesses are organized based on the nature of markets and customers. Segment accounting policies are the same as described and referenced in Note 1. Segment results for our financial services businesses reflect the discrete tax effect of transactions.
RECLASSIFICATIONS	We have reclassified certain prior-year amounts to conform to the current-year’s 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 consolidated financial statements relates to continuing operations. Certain of our operations have been presented as discontinued. We present businesses whose disposal represents a strategic shift that has, or will have, a major effect on our operations and financial results as discontinued operations when the components meet the criteria for held for sale, are sold, or spun-off.
CONSOLIDATION	CONSOLIDATION. Our financial statements consolidate all of our affiliates, entities where we have a controlling financial interest, most often because we hold a majority voting interest, or where we are required to apply the variable interest entity (VIE) model because we have the power to direct the most economically significant activities of entities. We reevaluate whether we have a controlling financial interest in all entities when our rights and interests change.
REVENUES FROM THE SALE OF EQUIPMENT AND SALE OF SERVICES	REVENUES FROM THE SALE OF EQUIPMENT Performance Obligations Satisfied Over Time. We recognize revenue on agreements for the sale of customized goods including power generation equipment, long-term construction projects and military development contracts on an over-time basis as we customize the customer's equipment during the manufacturing or integration process and obtain right to payment for work performed. We recognize revenue as we perform under the arrangements using the percentage of completion method which is based on our costs incurred to date relative to our estimate of total expected costs. Our estimate of costs to be incurred to fulfill our promise to a customer is based on our history of manufacturing or constructing similar assets for customers and is updated routinely to reflect changes in quantity or pricing of the inputs. We provide for potential losses on these agreements when it is probable that we will incur the loss. Our billing terms for these over-time contracts are generally based on achieving specified milestones. The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. See Note 9 for further information. Performance Obligations Satisfied at a Point in Time. We recognize revenue on agreements for non-customized equipment including commercial aircraft engines, healthcare equipment and other goods we manufacture on a standardized basis for sale to the market at the point in time that the customer obtains control of the good, which is generally no earlier than when the customer has physical possession of the product. We use proof of delivery for certain large equipment with more complex logistics, whereas the delivery of other equipment is estimated based on historical averages of in-transit periods (i.e., time between shipment and delivery). Where arrangements include customer acceptance provisions based on seller or customer-specified objective criteria, we recognize revenue when we have concluded that the customer has control of the goods and that acceptance is likely to occur. We do not provide for anticipated losses on point-in-time transactions prior to transferring control of the equipment to the customer. Our billing terms for these point-in-time equipment contracts generally coincide with delivery to the customer; however, within certain businesses, we receive progress collections from customers for large equipment purchases, to generally reserve production slots. REVENUES FROM THE SALE OF SERVICES. Consistent with our Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) discussion and the way we manage our businesses, we refer to sales under service agreements, which includes both goods (such as spare parts and equipment upgrades) and related services (such as monitoring, maintenance and repairs) as sales of “services,” which is an important part of our operations. We sometimes offer our customers financing discounts for the purchase of certain GE products when sold in contemplation of long-term service agreements. These sales are accounted for as financing arrangements when payments for the products are collected through higher usage-based fees from servicing the equipment. See Note 9 for further information. Performance Obligations Satisfied Over Time. We enter into long-term service agreements with our customers primarily within our Aviation and Power segments. These agreements require us to provide preventative maintenance, overhauls, and standby "warranty-type" services that include certain levels of assurance regarding asset performance and uptime throughout the contract periods, which generally range from 5 to 25 years . We account for items that are integral to the maintenance of the equipment as part of our performance obligation, unless the customer has a substantive right to make a separate purchasing decision (e.g., equipment upgrade). We recognize revenue as we perform under the arrangements using the percentage of completion method which is based on our costs incurred to date relative to our estimate of total expected costs. Throughout the life of a contract, this measure of progress captures the nature, timing and extent of our underlying performance activities as our stand-ready services often fluctuate between routine inspections and maintenance, unscheduled service events and major overhauls at pre-determined usage intervals. We provide for potential losses on these agreements when it is probable that we will incur the loss. Contract modifications that extend or revise contract terms are not uncommon and generally result in our recognizing the impact of the revised terms prospectively over the remaining life of the modified contract (i.e., effectively like a new contract). Our billing terms for these arrangements are generally based on the utilization of the asset (e.g., per hour of usage) or upon the occurrence of a major maintenance event within the contract, such as an overhaul. The differences between the timing of our revenue recognized (based on costs incurred) and customer billings (based on contractual terms) results in changes to our contract asset or contract liability positions. See Note 9 for further information. We also enter into long-term services agreements in our Healthcare and Renewable Energy segments. Revenues are recognized for these arrangements on a straight-line basis consistent with the nature, timing and extent of our services, which primarily relate to routine maintenance and as needed product repairs. We generally invoice periodically as services are provided. Performance Obligations Satisfied at a Point in Time. We sell certain tangible products, largely spare parts, through our services businesses. We recognize revenues and bill our customers at the point in time that the customer obtains control of the good, which is at the point in time we deliver the spare part to the customer .
COLLABORATIVE ARRANGEMENTS	COLLABORATIVE ARRANGEMENTS.
GE CAPITAL REVENUES FROM SERVICES (EARNED INCOME)	GE CAPITAL REVENUES FROM SERVICES. We use the interest method to recognize income on loans. Interest on loans includes origination, commitment and other non-refundable fees related to funding (recorded in earned income on the interest method). We stop accruing interest at the earlier of the time at which collection of an account becomes doubtful or the account becomes 90 days past due. Previously recognized interest income that was accrued but not collected from the borrower is reversed, unless the terms of the loan agreement permit capitalization of accrued interest to the principal balance. Payments received on nonaccrual loans are applied to reduce the principal balance of the loan. We resume accruing interest on nonaccrual loans only when payments are brought current according to the loan’s original terms and future payments are reasonably assured. We recognize financing lease income on the interest method to produce a level yield on funds not yet recovered. Estimated unguaranteed residual values are based upon management's best estimates of the value of the leased asset at the end of the lease term. We use various sources of data in determining these estimates, including information obtained from third parties, which is adjusted for the attributes of the specific asset under lease. Guarantees of residual values by unrelated third parties are included within minimum lease payments. Significant assumptions we use in estimating residual values include estimated net cash flows over the remaining lease term, anticipated results of future remarketing, and estimated future component part and scrap metal prices, discounted at an appropriate rate. We recognize operating lease income on a straight-line basis over the terms of underlying leases.
SALES OF BUSINESS INTERESTS	SALES OF BUSINESS INTERESTS IN WHICH WE LOSE CONTROL. Gains or losses on sales of affiliate shares that result in our loss of a controlling financial interest are recorded in earnings . If we retain a noncontrolling interest in our former affiliate, we initially record our investment at fair value, and any subsequent adjustments to the carrying value of the investment are recorded in earnings. SALES OF BUSINESS INTERESTS IN WHICH WE RETAIN CONTROL. Gains or losses on sales of affiliate shares where we retain a controlling financial interest are recorded in equity.
CASH, CASH EQUIVALENTS AND RESTRICTED CASH	CASH, CASH EQUIVALENTS AND RESTRICTED CASH.
INVESTMENT SECURITIES	INVESTMENT SECURITIES. We report investments in available-for-sale debt securities and certain equity securities at fair value. Unrealized gains and losses on available-for-sale debt securities are recorded to other comprehensive income, net of applicable taxes and adjustments related to our insurance liabilities. Unrealized gains and losses on equity securities with readily determinable fair values are recorded to earnings. 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.
CURRENT RECEIVABLES	CURRENT RECEIVABLES.
FINANCING RECEIVABLES	FINANCING RECEIVABLES.
INVENTORIES	INVENTORIES. All inventories are stated at lower of cost or realizable values.
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT.
LEASE ACCOUNTING, LESSEE	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. 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 a straight-line expense recognition in the Statement of Earnings. A ROU asset and lease liability is not recognized for leases with an initial term of 12 months or less and we recognize lease expense for these leases on a straight-line basis over the lease term. We test ROU assets at least annually for impairment or whenever events or changes in circumstance indicate that the asset may be impaired.
LEASE ACCOUNTING, LESSOR	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 Statement of Financial Position. Finance lease receivables are tested for impairment as described in the Financing Receivables section above. See Notes 5 and 7 for further information.
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS. We test goodwill at least annually for impairment at the reporting unit level. A reporting unit is the operating segment, or one level below that operating segment (the component level) if discrete financial information is prepared and regularly reviewed by segment management. However, components are aggregated as a single reporting unit if they have similar economic characteristics. We recognize an impairment charge if the carrying amount of a reporting unit exceeds its fair value and the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill. When a portion of a reporting unit is disposed, goodwill is allocated to the gain or loss on disposition based on the relative fair values of the business or businesses disposed and the portion of the reporting unit that will be retained.
ASSOCIATED COMPANIES	ASSOCIATED COMPANIES. For unconsolidated entities over which we have significant influence and have not elected the fair value option, we account for our interest as equity method investments, and our investments in, and advances to, associated companies are presented on a one-line basis in All other assets in our consolidated Statement of Financial Position, net of any impairment. We evaluate our equity method investments for impairment whenever events or changes in circumstance indicate that the carrying amounts of such investments may not be recoverable. If a decline in the value of an equity method investment is determined to be other than temporary, a loss is recorded in earnings in the current period. Our share of the results of associated companies are presented on a one-line basis in Other income within continuing operations in our consolidated Statement of Earnings (Loss). See Note 10 for further information.
DERIVATIVES AND HEDGING	DERIVATIVES AND HEDGING.
DEFERRED INCOME TAXES	DEFERRED INCOME TAXES.
BUSINESSES AND ASSETS HELD FOR SALE	BUSINESSES AND ASSETS HELD FOR SALE. Businesses and assets held for sale represent components that meet accounting requirements to be classified as held for sale and are presented as single asset and liability amounts in our financial statements with a valuation allowance, if necessary, to recognize the net carrying amount at the lower of cost or fair value, less cost to sell. Financing receivables that no longer qualify to be presented as held for investment are classified as assets held for sale and recognized in our financial statements at the lower of cost or fair value, less cost to sell, with that amount representing a new cost basis at the date of transfer . The determination of fair value for businesses and assets held for sale involves significant judgments and assumptions. Development of estimates of fair values in this circumstance is complex and is dependent upon, among other factors, the nature of the potential sales transaction (for example, asset sale versus sale of legal entity), composition of assets and/or businesses in the disposal group, the comparability of the disposal group to market transactions and negotiations with third-party purchasers. Such factors bear directly on the range of potential fair values and the selection of the best estimates. Key assumptions were developed based on market observable data and, in the absence of such data, internal information that is consistent with what market participants would use in a hypothetical transaction .
INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS	INVESTMENT CONTRACTS, INSURANCE LIABILITIES AND INSURANCE ANNUITY BENEFITS. Our run-off insurance operations include providing insurance and reinsurance for life and health risks and providing certain annuity products. Primary product types include long-term care, structured settlement annuities, life and disability insurance contracts and investment contracts. Insurance contracts are contracts with significant mortality and/or morbidity risks, while investment contracts are contracts without such risks. For traditional long-duration insurance contracts, we report premiums as revenue when due. Premiums received on non-traditional long-duration insurance contracts and investment contracts, including annuities without significant mortality risk, are not reported as revenues but rather as deposit liabilities. We recognize revenues for charges and assessments on these contracts, mostly for mortality, contract initiation, administration and surrender. Amounts credited to policyholder accounts are charged to expense. Liabilities for traditional long-duration insurance contracts includes both future policy benefit reserves and claims reserves. Future policy benefit reserves represent the present value of future policy benefits less the present value of future gross premiums based on actuarial assumptions. Liabilities for investment contracts equal the account value, that is, the amount that accrues to the benefit of the contract or policyholder including credited interest and assessments through the financial statement date. Claim reserves are established when a claim is incurred or is estimated to have been incurred and represents our best estimate of the present value of the ultimate obligations for future claim payments and claim adjustments expenses.
POSTRETIREMENT BENEFIT PLANS	POSTRETIREMENT BENEFIT PLANS.
LOSS CONTINGENCIES	LOSS CONTINGENCIES. Loss contingencies are uncertain and unresolved matters that arise in the ordinary course of business and result from events or actions by others that have the potential to result in a future loss. Such contingencies include, but are not limited to environmental obligations, litigation, regulatory investigations and proceedings, product quality and losses resulting from other events and developments.
SUPPLY CHAIN FINANCE PROGRAMS	SUPPLY CHAIN FINANCE PROGRAMS. We evaluate supply chain finance programs to ensure where we use a third-party intermediary to settle our trade payables, their involvement does not change the nature, existence, amount, or timing of our trade payables and does not provide the Company with any direct economic benefit. If any characteristics of the trade payables change or we receive a direct economic benefit, we reclassify the trade payables as borrowings.
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS. The following sections describe the valuation methodologies we use to measure financial and non-financial instruments accounted for at fair value including certain assets within our pension plans and retiree benefit plans. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. These inputs establish a fair value hierarchy: Level 1 – Quoted prices for identical instruments in active markets. Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 – Significant inputs to the valuation model are unobservable. RECURRING FAIR VALUE MEASUREMENTS. For financial assets and liabilities measured at fair value on a recurring basis, primarily investment securities and derivatives, fair value is the price we would receive to sell an asset or pay to transfer a liability in an orderly transaction with a market participant at the measurement date. In the absence of active markets for the identical assets or liabilities, such measurements involve developing assumptions based on market observable data and, in the absence of such data, internal information that is consistent with what market participants would use in a hypothetical transaction that occurs at the measurement date. See Note 20 for further information. Debt Securities. When available, we use quoted market prices to determine the fair value of debt securities which are included in Level 1. For our remaining debt securities, we obtain pricing information from an independent pricing vendor. The inputs and assumptions to the pricing vendor’s models are derived from market observable sources including benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities, bids, offers and other market-related data. These investments are included in Level 2. Our pricing vendors may also provide us with valuations that are based on significant unobservable inputs, and in those circumstances, we classify the investment securities in Level 3. Annually, we conduct reviews of our primary pricing vendor to validate that the inputs used in that vendor’s pricing process are deemed to be market observable as defined in the standard. We believe that the prices received from our pricing vendor are representative of prices that would be received to sell the assets at the measurement date (exit prices) and are classified appropriately in the hierarchy. We use non-binding broker quotes and other third-party pricing services as our primary basis for valuation when there is limited, or no, relevant market activity for a specific instrument or for other instruments that share similar characteristics. Debt securities priced in this manner are included in Level 3. Equity securities with readily determinable fair values . These publicly traded equity securities are valued using quoted prices and are included in Level 1. Derivatives. The majority of our derivatives are valued using internal models. The models maximize the use of market observable inputs including interest rate curves and both forward and spot prices for currencies and commodities. Derivative assets and liabilities included in Level 2 primarily represent interest rate swaps, cross-currency swaps and foreign currency and commodity forward and option contracts. Derivative assets and liabilities included in Level 3 primarily represent equity derivatives and interest rate products that contain embedded optionality or prepayment features. Investments in private equity, real estate and collective funds held within our pension plans . These investments are generally valued using the net asset value (NAV) per share as a practical expedient for fair value provided certain criteria are met. The NAVs are determined based on the fair values of the underlying investments in the funds. Investments that are measured at fair value using the NAV practical expedient are not required to be classified in the fair value hierarchy. NONRECURRING FAIR VALUE MEASUREMENTS. Certain assets are measured at fair value on a nonrecurring basis. These assets may include loans and long-lived assets reduced to fair value upon classification as held for sale, impaired loans based on the fair value of the underlying collateral, impaired equity securities without readily determinable fair value, equity method investments and long-lived assets, and remeasured retained investments in formerly consolidated subsidiaries upon a change in control that results in the deconsolidation of that subsidiary and retention of a noncontrolling stake in the entity. Assets written down to fair value when impaired and retained investments are not subsequently adjusted to fair value unless further impairment occurs. See Note 20 for further information. Equity investments without readily determinable fair value and Associated companies. Equity investments without readily determinable fair value and associated companies are valued using market observable data such as transaction prices when available. When market observable data is unavailable, investments are valued using either a discounted cash flow model, comparative market multiples, third-party pricing sources or a combination of these approaches as appropriate. These investments are generally included in Level 3. Long-lived Assets . Fair values of long-lived assets, including aircraft, are primarily derived internally and are based on observed sales transactions for similar assets. In other instances for which we do not have comparable observed sales transaction data, collateral values are developed internally and corroborated by external appraisal information. Adjustments to third-party valuations may be performed in circumstances where market comparables are not specific to the attributes of the specific collateral or appraisal information may not be reflective of current market conditions due to the passage of time and the occurrence of market events since receipt of the information .
ACCOUNTING CHANGES	ACCOUNTING CHANGES. On January 1, 2019, we adopted ASU No. 2016-02 and related amendments, Leases (Topic 842) . 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 at adoption were $3,272 million and $3,459 million , respectively, excluding discontinued operations and businesses held for sale. After the adoption date, principal collections 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. The adoption had an immaterial effect on our financial statements .

BUSINESSES HELD FOR SALE AND _2

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Financial Information for Assets and Liabilities of Businesses Held for Sale	FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE December 31 (In millions) 2019 2018 Current receivables $ 499 $ 184 Inventories 712 529 Financing receivables held for sale 197 — Property, plant, and equipment – net and Operating leases 958 423 Goodwill and Other intangible assets - net 6,286 884 Valuation allowance (719 ) (1,013 ) Deferred income taxes 815 — All other assets 400 622 Assets of businesses held for sale $ 9,149 $ 1,629 Accounts payable & Progress collections and deferred income $ 843 $ 428 Non-current compensation and benefits 466 152 All other liabilities 349 128 Liabilities of businesses held for sale $ 1,658 $ 708
Financial Information for Discontinued Operations	RESULTS OF DISCONTINUED OPERATIONS For the year ended December 31, 2019 (In millions) Baker Hughes Transportation and Other GE Capital Total Sales of goods and services $ 16,047 $ 550 $ — $ 16,598 GE Capital revenues and other income (loss) — — 33 33 Cost of goods and services sold (13,317 ) (478 ) — (13,795 ) Other costs and expenses (2,390 ) (19 ) (240 ) (2,650 ) — Earnings (loss) of discontinued operations before income taxes 340 53 (207 ) 186 Benefit (provision) for income taxes(b) (176 ) (15 ) 344 153 Earnings (loss) of discontinued operations, net of taxes(a) 165 39 136 339 Gain (loss) on disposal before income taxes (8,715 ) 3,471 61 (5,183 ) Benefit (provision) for income taxes(b) 477 (963 ) (5 ) (491 ) Gain (loss) on disposal, net of taxes (8,238 ) 2,508 56 (5,675 ) — Earnings (loss) from discontinued operations, net of taxes $ (8,074 ) $ 2,547 $ 192 $ (5,335 ) For the year ended December 31, 2018 (In millions) Sales of goods and services $ 22,859 $ 3,898 $ — $ 26,757 GE Capital revenues and other income (loss) — — (1,347 ) (1,347 ) Cost of goods and services sold (19,198 ) (2,809 ) — (22,007 ) Other costs and expenses (3,346 ) (607 ) (407 ) (4,360 ) Earnings (loss) of discontinued operations before income taxes 315 482 (1,755 ) (958 ) Benefit (provision) for income taxes(b) (347 ) (143 ) 82 (408 ) Earnings (loss) of discontinued operations, net of taxes(a) (33 ) 339 (1,673 ) (1,366 ) Gain (loss) on disposal before income taxes — — 4 4 Benefit (provision) for income taxes(b) — — (1 ) (1 ) Gain (loss) on disposal, net of taxes — — 3 3 Earnings (loss) from discontinued operations, net of taxes $ (33 ) $ 339 $ (1,670 ) $ (1,363 ) For the year ended December 31, 2017 (In millions) Sales of goods and services $ 17,180 $ 3,935 $ — $ 21,115 GE Capital revenues and other income (loss) — — 174 174 Cost of goods and services sold (14,450 ) (2,990 ) — (17,441 ) Other costs and expenses (2,993 ) (483 ) (910 ) (4,386 ) Earnings (loss) of discontinued operations before income taxes (264 ) 461 (735 ) (538 ) Benefit (provision) for income taxes(b) (59 ) (138 ) 295 97 Earnings (loss) of discontinued operations, net of taxes(a) (323 ) 323 (440 ) (441 ) Gain (loss) on disposal before income taxes — — 306 306 Benefit (provision) for income taxes(b) — — (178 ) (178 ) Gain (loss) on disposal, net of taxes — — 128 128 Earnings (loss) from discontinued operations, net of taxes $ (323 ) $ 323 $ (312 ) $ (312 ) (a) Earnings (loss) of discontinued operations attributable to the Company after income taxes was $279 million , $(1,367) million and $(360) million for the years ended December 31, 2019, 2018 and 2017, respectively. (b) Total tax benefit (provision) for discontinued operations and disposals included current tax benefit (provision) of $1,260 million , $(508) million , and $(704) million , including current U.S. Federal tax benefit (provision) of $1,252 million , $156 million and $(313) million , and deferred tax benefit (provision) of $(1,599) million , $99 million and $624 million for the years ended December 31, 2019, 2018, and 2017, respectively. December 31 (In millions) 2019 2018 Cash, cash equivalents and restricted cash $ 638 $ 4,424 Investment securities 202 522 Current receivables 81 6,258 Inventories — 5,419 Financing receivables held for sale (Polish mortgage portfolio) 2,485 2,745 Property, plant and equipment - net — 7,139 Goodwill and intangible assets - net — 31,622 Deferred income taxes 264 1,174 All other assets 439 4,550 Assets of discontinued operations(a) $ 4,109 $ 63,853 Accounts payable & Progress collections and deferred income $ 40 $ 6,806 All other liabilities 163 12,476 Liabilities of discontinued operations(b) $ 203 $ 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)	12 Months Ended
	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Securities	2019 2018 December 31 (In millions) Amortized Gross Gross Estimated Amortized Gross Gross Estimated Debt U.S. corporate $ 23,037 $ 4,636 $ (11 ) $ 27,661 $ 21,306 $ 2,257 $ (357 ) $ 23,206 Non-U.S. corporate 2,161 260 (1 ) 2,420 1,906 53 (76 ) 1,883 State and municipal 3,086 598 (15 ) 3,669 3,320 367 (54 ) 3,633 Mortgage and asset-backed 3,117 116 (4 ) 3,229 3,325 51 (54 ) 3,322 Government and agencies 1,391 126 — 1,516 1,314 62 (20 ) 1,357 Equity 10,025 — — 10,025 107 — — 107 Total $ 42,816 $ 5,736 $ (31 ) $ 48,521 $ 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 investments in available-for-sale debt securities (excluding mortgage and asset-backed securities) at December 31, 2019 are as follows: (In millions) Amortized cost Estimated fair value Due Within one year $ 514 $ 527 After one year through five years 2,615 2,766 After five years through ten years 6,614 7,599 After ten years 19,932 24,374

CURRENT AND LONG-TERM RECEIVA_2

CURRENT AND LONG-TERM RECEIVABLES (Tables)	12 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Schedule of Receivables	Consolidated GE December 31 (In millions) 2019 2018 2019 2018 Long-term customer receivables $ 906 $ 1,442 $ 506 $ 559 Long-term sundry receivables 1,504 1,180 1,834 1,519 Allowance for losses (128 ) (145 ) (128 ) (145 ) Total long-term receivables $ 2,282 $ 2,477 $ 2,212 $ 1,933 Consolidated GE December 31 (In millions) 2019 2018 2019 2018 Power $ 4,689 $ 4,652 $ 3,289 $ 2,270 Renewable Energy 2,306 1,938 1,749 1,475 Aviation(a) 3,249 1,483 2,867 1,145 Healthcare 2,105 2,431 1,379 1,260 Corporate 246 238 223 205 Customer receivables 12,594 10,742 9,507 6,355 Sundry receivables 5,049 4,573 5,247 4,569 Allowance for losses (874 ) (670 ) (872 ) (662 ) Total current receivables $ 16,769 $ 14,645 $ 13,883 $ 10,262 (a) Increase in Aviation segment is primarily driven by receivables from Boeing due to 737 MAX temporary fleet grounding, with balance of $1,397 million as of December 31, 2019. GE Capital December 31 (In millions) 2019 2018 Balance at January 1 $ 883 $ 1,947 GE sales to GE Capital — 134 Sales, collections, accretion and other (75 ) (468 ) Reclassification to current customer receivables (407 ) (731 ) Balance at December 31(a) $ 400 $ 883 (a) At December 31, 2019 and 2018, $312 million and $628 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 years ended December 31, 2019 and 2018. For the years ended December 31 (In millions) 2019 2018 Customer receivables sold to receivables facilities $ 21,695 $ 23,984 Total cash purchase price for customer receivables 21,202 18,040 Cash collections re-invested to purchase customer receivables 18,012 15,095 Non-cash increases to deferred purchase price $ 257 $ 5,272 Cash payments received on deferred purchase price 303 5,192 Activity related to customer receivables sold by GE is as follows: (In millions) GE Capital Third Parties GE Capital Third Parties 2019 2018 Balance at January 1 $ 4,386 $ 7,880 $ 9,656 $ 5,710 GE sales to GE Capital 40,988 — 50,318 — GE sales to third parties — 6,370 — 5,481 GE Capital sales to third parties (28,073 ) 28,073 (30,904 ) 30,904 Collections and other (14,621 ) (35,567 ) (25,414 ) (34,216 ) Reclassification from long-term customer receivables 407 — 731 — Balance at December 31 $ 3,087 (a) $ 6,757 $ 4,386 (a) $ 7,880 (a) At December 31, 2019 and 2018, $539 million and $ 1,380 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 cash flows from operating activities (CFOA) of claims by GE Capital on receivables sold with recourse has been insignificant for the years ended December 31, 2019 and 2018. Consolidated GE Capital December 31 (In millions) 2019 2018 2019 2018 Loans, net of deferred income $ 1,098 $ 5,118 $ 4,927 $ 10,834 Investment in financing leases, net of deferred income 2,070 2,639 2,070 2,822 3,168 7,757 6,996 13,656 Allowance for losses (33 ) (58 ) (17 ) (28 ) Financing receivables – net $ 3,134 $ 7,699 $ 6,979 $ 13,628 Consolidated finance lease income was $173 million , $275 million and $274 million for the years ended December 31, 2019, 2018 and 2017, respectively. NET INVESTMENT IN FINANCING LEASES Total financing leases Direct financing and sales type leases(a) Leveraged leases December 31 ( In millions) 2019 2018 2019 2018 2019 2018 Total minimum lease payments receivable $ 1,628 $ 2,719 $ 799 $ 1,421 $ 829 $ 1,298 Less principal and interest on third-party non-recourse debt (216 ) (474 ) — — (216 ) (474 ) Net minimum lease payments receivable 1,412 2,245 799 1,421 613 824 Less deferred income (178 ) (329 ) (139 ) (286 ) (39 ) (43 ) Discounted lease receivable 1,234 1,916 660 1,135 574 781 Estimated unguaranteed residual value of leased assets, net of deferred income 835 906 412 420 423 486 Investment in financing leases, net of deferred income(b) $ 2,070 $ 2,822 $ 1,072 $ 1,556 $ 997 $ 1,266

FINANCING RECEIVABLES AND ALL_2

FINANCING RECEIVABLES AND ALLOWANCES (Tables)	12 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Financing Receivables, Net	Consolidated GE December 31 (In millions) 2019 2018 2019 2018 Long-term customer receivables $ 906 $ 1,442 $ 506 $ 559 Long-term sundry receivables 1,504 1,180 1,834 1,519 Allowance for losses (128 ) (145 ) (128 ) (145 ) Total long-term receivables $ 2,282 $ 2,477 $ 2,212 $ 1,933 Consolidated GE December 31 (In millions) 2019 2018 2019 2018 Power $ 4,689 $ 4,652 $ 3,289 $ 2,270 Renewable Energy 2,306 1,938 1,749 1,475 Aviation(a) 3,249 1,483 2,867 1,145 Healthcare 2,105 2,431 1,379 1,260 Corporate 246 238 223 205 Customer receivables 12,594 10,742 9,507 6,355 Sundry receivables 5,049 4,573 5,247 4,569 Allowance for losses (874 ) (670 ) (872 ) (662 ) Total current receivables $ 16,769 $ 14,645 $ 13,883 $ 10,262 (a) Increase in Aviation segment is primarily driven by receivables from Boeing due to 737 MAX temporary fleet grounding, with balance of $1,397 million as of December 31, 2019. GE Capital December 31 (In millions) 2019 2018 Balance at January 1 $ 883 $ 1,947 GE sales to GE Capital — 134 Sales, collections, accretion and other (75 ) (468 ) Reclassification to current customer receivables (407 ) (731 ) Balance at December 31(a) $ 400 $ 883 (a) At December 31, 2019 and 2018, $312 million and $628 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 years ended December 31, 2019 and 2018. For the years ended December 31 (In millions) 2019 2018 Customer receivables sold to receivables facilities $ 21,695 $ 23,984 Total cash purchase price for customer receivables 21,202 18,040 Cash collections re-invested to purchase customer receivables 18,012 15,095 Non-cash increases to deferred purchase price $ 257 $ 5,272 Cash payments received on deferred purchase price 303 5,192 Activity related to customer receivables sold by GE is as follows: (In millions) GE Capital Third Parties GE Capital Third Parties 2019 2018 Balance at January 1 $ 4,386 $ 7,880 $ 9,656 $ 5,710 GE sales to GE Capital 40,988 — 50,318 — GE sales to third parties — 6,370 — 5,481 GE Capital sales to third parties (28,073 ) 28,073 (30,904 ) 30,904 Collections and other (14,621 ) (35,567 ) (25,414 ) (34,216 ) Reclassification from long-term customer receivables 407 — 731 — Balance at December 31 $ 3,087 (a) $ 6,757 $ 4,386 (a) $ 7,880 (a) At December 31, 2019 and 2018, $539 million and $ 1,380 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 cash flows from operating activities (CFOA) of claims by GE Capital on receivables sold with recourse has been insignificant for the years ended December 31, 2019 and 2018. Consolidated GE Capital December 31 (In millions) 2019 2018 2019 2018 Loans, net of deferred income $ 1,098 $ 5,118 $ 4,927 $ 10,834 Investment in financing leases, net of deferred income 2,070 2,639 2,070 2,822 3,168 7,757 6,996 13,656 Allowance for losses (33 ) (58 ) (17 ) (28 ) Financing receivables – net $ 3,134 $ 7,699 $ 6,979 $ 13,628 Consolidated finance lease income was $173 million , $275 million and $274 million for the years ended December 31, 2019, 2018 and 2017, respectively. NET INVESTMENT IN FINANCING LEASES Total financing leases Direct financing and sales type leases(a) Leveraged leases December 31 ( In millions) 2019 2018 2019 2018 2019 2018 Total minimum lease payments receivable $ 1,628 $ 2,719 $ 799 $ 1,421 $ 829 $ 1,298 Less principal and interest on third-party non-recourse debt (216 ) (474 ) — — (216 ) (474 ) Net minimum lease payments receivable 1,412 2,245 799 1,421 613 824 Less deferred income (178 ) (329 ) (139 ) (286 ) (39 ) (43 ) Discounted lease receivable 1,234 1,916 660 1,135 574 781 Estimated unguaranteed residual value of leased assets, net of deferred income 835 906 412 420 423 486 Investment in financing leases, net of deferred income(b) $ 2,070 $ 2,822 $ 1,072 $ 1,556 $ 997 $ 1,266
Net Investment in Financing Leases	NET INVESTMENT IN FINANCING LEASES Total financing leases Direct financing and sales type leases(a) Leveraged leases December 31 ( In millions) 2019 2018 2019 2018 2019 2018 Total minimum lease payments receivable $ 1,628 $ 2,719 $ 799 $ 1,421 $ 829 $ 1,298 Less principal and interest on third-party non-recourse debt (216 ) (474 ) — — (216 ) (474 ) Net minimum lease payments receivable 1,412 2,245 799 1,421 613 824 Less deferred income (178 ) (329 ) (139 ) (286 ) (39 ) (43 ) Discounted lease receivable 1,234 1,916 660 1,135 574 781 Estimated unguaranteed residual value of leased assets, net of deferred income 835 906 412 420 423 486 Investment in financing leases, net of deferred income(b) $ 2,070 $ 2,822 $ 1,072 $ 1,556 $ 997 $ 1,266 (a) Included $506 million and $399 million investment in sales type leases at December 31, 2019 and 2018, respectively. (b) See Note 15 for deferred tax amounts related to financing leases.
Contractual Maturities	CONTRACTUAL MATURITIES, DUE IN (In millions) 2020 2021 2022 2023 2024 Thereafter Total Total loans $ 3,832 $ 511 $ 238 $ 113 $ 93 $ 140 $ 4,927 Net minimum lease payments receivable 303 270 194 281 198 166 1,412

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2019
Inventory Disclosure [Abstract]
Schedule of Inventories	December 31 (In millions) 2019 2018 Raw materials and work in process $ 8,771 $ 8,057 Finished goods 5,333 5,746 Total inventories $ 14,104 $ 13,803

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment and Depreciable Lives	Depreciable lives-new Original Cost Net Carrying Value December 31 (Dollars in millions) (in years) 2019 2018 2019 2018 Land and improvements 8 $ 608 $ 700 $ 596 $ 673 Buildings, structures and related equipment 8-40 7,824 8,455 3,875 4,083 Machinery and equipment 4-20 20,082 19,425 8,360 8,048 Leasehold costs and manufacturing plant under construction 1-10 2,165 2,646 1,539 2,024 GE $ 30,680 $ 31,225 $ 14,370 $ 14,828 Land and improvements, buildings, structures and related equipment 1-40 149 $ 153 29 $ 32 Equipment leased to others (ELTO) Aircraft 15-20 35,507 36,476 21,414 22,201 Engines 15-20 4,113 3,234 3,283 2,489 Helicopters 15-20 5,474 5,230 4,709 4,660 All other 15-35 237 209 214 128 GE Capital(a) $ 45,480 $ 45,302 $ 29,649 $ 29,510 Eliminations (972 ) (909 ) (729 ) (728 ) Total $ 75,187 $ 75,618 $ 43,290 $ 43,611 (a) Included $1,539 million and $1,397 million of original cost of assets leased to GE with accumulated amortization of $(251) million and $(241) million at December 31, 2019 and 2018 , respectively.
Schedule of Noncancellable Future Rentals Due	Noncancellable future rentals due from customers for equipment on operating leases at December 31, 2019 , are as follows: (In millions) 2020 2021 2022 2023 2024 Thereafter Total $ 2,982 $ 2,625 $ 2,258 $ 1,820 $ 1,647 $ 5,652 $ 16,985
Summary of Operating Lease Expense	OPERATING LEASE EXPENSE (In millions) 2019 2018 2017 Long-term (fixed) $ 834 $ 966 $ 1,003 Long-term (variable) 136 177 231 Short-term 206 133 131 Total operating lease expense $ 1,176 $ 1,276 $ 1,365 SUPPLEMENTAL INFORMATION RELATED TO OPERATING LEASES (Dollars in millions) Operating cash flows used for operating leases for the year ended December 31, 2019 $ 888 Right-of-use assets obtained in exchange for new lease liabilities for the year ended December 31, 2019 $ 746 Weighted-average remaining lease term at December 31, 2019 6.9 years Weighted-average discount rate at December 31, 2019 4.9 %
Schedule of Maturity of Lease Liabilities	MATURITY OF LEASE LIABILITIES (In millions) 2020 2021 2022 2023 2024 Thereafter Total Undiscounted lease payments $ 766 $ 655 $ 561 $ 465 $ 375 $ 914 $ 3,737 Less: imputed interest (575 ) Total lease liability as of December 31, 2019 $ 3,162

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2019
Business Combinations [Abstract]
Changes in Goodwill Balances	CHANGES IN GOODWILL BALANCES 2018 2019 (In millions) Balance at Dispositions and Impairments Currency exchange and other Balance at Dispositions and classifications to held for sale Impairments Currency exchange and other Balance at Power $ 20,855 $ (1,903 ) $ (18,443 ) $ (369 ) $ 139 $ — $ — $ 6 $ 145 Renewable Energy 7,626 (3 ) (2,859 ) (35 ) 4,730 — (1,486 ) 46 3,290 Aviation 10,008 (12 ) — (158 ) 9,839 — — 20 9,859 Healthcare 17,306 (21 ) — (58 ) 17,226 (5,558 ) — 59 11,728 Capital(a) 984 — — (80 ) 904 (39 ) — (26 ) 839 Corporate(b) 2,042 (81 ) (833 ) 9 1,136 — — (262 ) 873 Total $ 58,821 $ (2,020 ) $ (22,136 ) $ (691 ) $ 33,974 $ (5,597 ) $ (1,486 ) $ (157 ) $ 26,734 (a) Capital balance at December 31, 2019 is our GE Capital Aviation Services (GECAS) business. (b) Corporate balance at December 31, 2019 is our Digital business.
Intangible Assets Subject to Amortization	2019 2018 INTANGIBLE ASSETS SUBJECT TO AMORTIZATION December 31 (In millions) Gross carrying Accumulated Net Gross carrying Accumulated Net Customer-related(a) $ 6,770 $ (3,070 ) $ 3,701 $ 7,107 $ (2,768 ) $ 4,341 Patents and technology 8,180 (3,730 ) 4,450 9,166 (3,973 ) 5,192 Capitalized software 5,822 (3,651 ) 2,171 5,951 (3,643 ) 2,308 Trademarks & other 737 (406 ) 332 818 (481 ) 337 Total $ 21,510 $ (10,857 ) $ 10,653 $ 23,041 $ (10,865 ) $ 12,178 (a) Balance includes payments made to our customers, primarily within our Aviation business.
Estimated 5 Year Consolidation Amortization	Estimated Consolidated annual pre-tax amortization for intangible assets over the next five calendar years are as follows: ESTIMATED 5 YEAR CONSOLIDATED AMORTIZATION (In millions) 2020 2021 2022 2023 2024 Estimated annual pre-tax amortization $ 1,358 $ 1,274 $ 1,173 $ 1,081 $ 1,107

CONTRACT AND OTHER DEFERRED A_2

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME (Tables)	12 Months Ended
	Dec. 31, 2019
Contractors [Abstract]
Contract with Customer, Asset and Liability	December 31, 2019 (In millions) Power Aviation Renewable Energy Healthcare Other Total Revenues in excess of billings $ 5,342 $ 4,996 $ — $ — $ — $ 10,338 Billings in excess of revenues (1,561 ) (3,719 ) — — — (5,280 ) Long-term service agreements(a) $ 3,781 $ 1,278 $ — $ — $ — $ 5,058 Short-term and other service agreements 190 316 43 169 — 717 Equipment contract revenues(b) 2,508 82 1,217 324 106 4,236 Total contract assets 6,478 1,675 1,260 492 106 10,011 Deferred inventory costs(c) 943 287 1,677 359 — 3,267 Nonrecurring engineering costs(d) 44 2,257 47 35 8 2,391 Customer advances and other(e) — 1,165 — — (32 ) 1,133 Contract and other deferred assets $ 7,465 $ 5,384 $ 2,985 $ 886 $ 82 $ 16,801 December 31, 2018 (In millions) 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(a) $ 3,675 $ 2,115 $ — $ — $ — $ 5,790 Short-term and other service agreements 167 272 — 251 — 690 Equipment contract revenues(b) 2,761 80 1,174 320 64 4,400 Total contract assets 6,603 2,468 1,174 571 64 10,880 Deferred inventory costs(c) 1,003 673 1,267 360 5 3,309 Nonrecurring engineering costs(d) 43 1,916 85 34 17 2,095 Customer advances and other(e) — 1,146 — — — 1,146 Contract and other deferred assets $ 7,650 $ 6,204 $ 2,525 $ 966 $ 87 $ 17,431 (a) Included amounts due from customers at Aviation for the sales of engines, spare parts and services, which we will collect through higher usage-based fees from servicing equipment under long-term service agreements, totaling $1,712 million and $1,562 million as of December 31, 2019 and 2018, respectively. The corresponding discount is recorded within liabilities as Deferred income and amounted to $308 million and $310 million as of December 31, 2019 and 2018, respectively. (b) Included are amounts due from customers at Power for the sale of services upgrades, which we collect through incremental fixed or usage-based fees from servicing the equipment under long-term service agreements, totaling $909 million and $886 million as of December 31, 2019 and 2018, respectively. (c) Represents cost deferral for shipped goods (such as components for wind turbine assemblies within our Renewable Energy segment) and labor and overhead costs on time and material service contracts (primarily originating in Power and Aviation) and other costs for which the criteria for revenue recognition has not yet been met. (d) Included costs incurred prior to production (such as requisition engineering) for equipment production contracts, primarily within our Aviation segment, which are allocated ratably to each unit produced. (e) Included advances to and amounts due from customers at Aviation for the sale of engines, spare parts and services, which we will collect through incremental fees for goods and services to be delivered in future periods, totaling $986 million and $950 million as of December 31, 2019 and 2018, respectively. The corresponding discount is recorded within liabilities as Deferred income and amounted to $256 million and $223 million as of December 31, 2019 and 2018, respectively. December 31, 2019 (In millions) Power Aviation Renewable Energy Healthcare Other Total Progress collections on equipment contracts $ 5,857 $ 115 $ 1,268 $ — $ — $ 7,240 Other progress collections 413 4,748 4,193 305 189 9,849 Total progress collections $ 6,270 $ 4,863 $ 5,461 $ 305 $ 189 $ 17,089 Deferred income(a) 49 1,528 284 1,647 98 3,606 GE Progress collections and deferred income $ 6,319 $ 6,391 $ 5,745 $ 1,952 $ 287 $ 20,694 December 31, 2018 (In millions) Progress collections on equipment contracts $ 5,536 $ 114 $ 1,325 $ — $ — $ 6,975 Other progress collections 691 4,034 3,557 299 201 8,783 Total progress collections $ 6,227 $ 4,148 $ 4,883 $ 299 $ 201 $ 15,758 Deferred income(a) 112 1,338 260 1,692 79 3,480 GE Progress collections and deferred income $ 6,339 $ 5,486 $ 5,143 $ 1,991 $ 280 $ 19,239 (a) Included in this balance are finance discounts associated with customer advances at Aviation of $564 million and $533 million as of December 31, 2019 and 2018, respectively.

ALL OTHER ASSETS (Tables)

ALL OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of All Other Assets	December 31 (In millions) 2019 2018 Equity method and other investments (Notes 3 and 26) $ 4,015 $ 4,003 Long-term receivables (Note 4) 2,212 1,933 Prepaid taxes and deferred charges 1,480 1,763 Derivative instruments (Note 21) 211 30 Other 481 849 Total GE $ 8,399 $ 8,578 Equity method and other investments (Notes 3 and 26) $ 2,227 $ 3,097 GECAS pre-delivery payments (Note 23) 2,934 3,086 Assets held for sale 2,294 2,762 Derivative instruments (Note 21) 529 175 Other 664 748 Total GE Capital $ 8,648 $ 9,869 Eliminations (586 ) (90 ) Total Consolidated $ 16,461 $ 18,357

BORROWINGS (Tables)

BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of Borrowings	December 31 (Dollars in millions) 2019 2018 Amount Average Rate Amount Average Rate Commercial paper $ 3,008 1.62 % $ 3,005 1.64 % Current portion of long-term borrowings 766 0.36 60 4.02 Current portion of long-term borrowings assumed by GE 5,473 3.71 4,207 3.76 Other 1,832 2,081 Total GE short-term borrowings $ 11,079 $ 9,354 Current portion of long-term borrowings 11,226 3.01 % 3,984 2.00 % Intercompany payable to GE 2,104 2,684 Other 804 1,015 Total GE Capital short-term borrowings $ 14,134 $ 7,684 Eliminations (3,140 ) (4,262 ) Total short-term borrowings $ 22,072 $ 12,776 Maturities Amount Average Rate Amount Average Rate Senior notes 2022-2044 $ 14,762 2.11 % $ 20,387 2.28 % Senior notes assumed by GE 2021-2054 23,024 4.17 29,218 4.30 Subordinated notes assumed by GE 2021-2037 2,871 3.68 2,836 3.64 Other 324 417 Total GE long-term borrowings $ 40,980 $ 52,858 Senior notes 2021-2042 $ 25,371 3.66 % $ 35,105 3.49 % Subordinated notes 178 165 Intercompany payable to GE 17,038 19,828 Other 626 885 Total GE Capital long-term borrowings $ 43,213 $ 55,982 Eliminations (17,038 ) (19,892 ) Total long-term borrowings $ 67,155 $ 88,949 Non-recourse borrowings of consolidated securitization entities 2020-2021 1,655 1.34 % 1,875 2.05 % Total borrowings $ 90,882 $ 103,599
Schedule of Maturities of Borrowings	Long-term debt maturities over the next five years follow. (In millions) 2020 2021 2022 2023 2024 GE excluding assumed debt $ 766 $ 47 $ 4,994 $ 1,360 $ 773 GE Capital debt assumed by GE(a) 5,473 4,685 1,954 2,842 918 GE Capital other debt 11,226 (b) 1,930 2,215 2,418 117 (a) Of these maturities, $3,369 million , $442 million , zero , zero and $528 million for 2020, 2021, 2022, 2023 and 2024 respectively, were effectively transferred to GE through intercompany loans with right of offset. (b) Fixed and floating rate notes of $443 million contain put options with exercise dates in 2020, which have final maturity beyond 2024.

INSURANCE LIABILITIES AND ANN_2

INSURANCE LIABILITIES AND ANNUITY BENEFITS (Tables)	12 Months Ended
	Dec. 31, 2019
Insurance [Abstract]
Schedule of Investment Contracts, Insurance Liabilities and Insurance Annuity Benefits	December 31, 2019 (In millions) Long-term care insurance contracts Structured settlement annuities & life insurance contracts Other Other adjustments(a) Total Future policy benefit reserves $ 16,755 $ 9,511 $ 183 $ 5,655 $ 32,104 Claim reserves(b) 4,238 252 1,125 5,615 Investment contracts(c) — 1,136 1,055 — 2,191 Unearned premiums and other 30 196 96 — 322 21,023 11,095 2,459 5,655 40,232 Eliminations — — (406 ) — (406 ) Total $ 21,023 $ 11,095 $ 2,053 $ 5,655 $ 39,826 December 31, 2018 (In millions) Future policy benefit reserves $ 16,029 $ 9,495 $ 169 $ 2,247 $ 27,940 Claim reserves(b) 3,917 230 1,178 — 5,324 Investment contracts(c) — 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 Other comprehensive income in our consolidated Statement of Earnings (Loss). (b) Other contracts included claim reserves of $342 million and $346 million related to short-duration contracts at Electric Insurance Company, net of eliminations, at December 31, 2019 and December 31, 2018, respectively. (c) Investment contracts are contracts without significant mortality or morbidity risks.

POSTRETIREMENT BENEFIT PLANS (T

POSTRETIREMENT BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2019
Defined Benefit Plan [Abstract]
Cost of Benefits Plans and Assumptions	COST OF OUR BENEFITS PLANS AND ASSUMPTIONS 2019 2018 2017 (Dollars in millions) Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Components of expense (income) Service cost - operating $ 654 $ 246 $ 58 $ 888 $ 323 $ 63 $ 1,055 $ 542 $ 94 Interest cost 2,780 542 202 2,658 548 196 2,856 561 224 Expected return on plan assets (3,428 ) (1,144 ) (21 ) (3,248 ) (1,285 ) (29 ) (3,390 ) (1,176 ) (36 ) Amortization of net actuarial loss (gain) 3,439 319 (118 ) 3,785 312 (79 ) 2,812 418 (80 ) Amortization of prior service cost (credit) 135 3 (232 ) 143 (9 ) (230 ) 290 (5 ) (171 ) Curtailment / settlement loss (gain)(a) 349 13 (38 ) 34 1 — 64 24 4 Non-operating 3,275 (267 ) (207 ) 3,372 (433 ) (142 ) 2,632 (178 ) (59 ) Net periodic expense (income) $ 3,929 $ (21 ) $ (149 ) $ 4,260 $ (110 ) $ (79 ) $ 3,687 $ 364 $ 35 Weighted-average assumptions used to determine benefit obligations Discount rate 3.36 % 1.97 % 3.05 % 4.34 % 2.75 % 4.12 % 3.64 % 2.41 % 3.43 % Compensation increases 2.95 3.16 3.75 3.60 3.16 3.60 3.55 3.09 3.55 Initial healthcare trend rate(b) N/A N/A 5.90 N/A N/A 6.00 N/A N/A 6.00 Weighted-average assumptions used to determine benefit cost Discount rate(c) 4.07 2.75 4.12 3.64 2.41 3.43 4.11 2.55 3.75 Expected rate of return on plan assets 6.75 6.76 7.00 6.75 6.75 7.00 7.50 6.75 7.00 (a) For 2019, principal pension principally the curtailment loss due to GE Pension Plan freeze announced in October 2019. (b) For 2019, ultimately declining to 5% for 2030 and thereafter. (c) Weighted average 2019 discount rate for principal pension was 4.07% . Discount rate was 4.34% for January 1, 2019 through September 30, 2019 and then changed to 3.24% for the remainder of 2019 due to the remeasurement of the plans for the U.S. pension changes announced in October 2019.
Funded Status	PLAN FUNDED STATUS AND AMOUNTS RECORDED IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) 2019 2018 (in millions) Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Change in benefit obligations Balance at January 1 $ 68,500 $ 21,091 $ 5,153 $ 74,985 $ 23,066 $ 6,006 Service cost 654 246 58 888 323 63 Interest cost 2,780 542 202 2,658 548 196 Participant contributions 77 29 61 90 37 60 Plan amendments (42 ) (a) (17 ) (23 ) — 82 — Actuarial loss (gain) 7,073 (b) 2,422 (e) 275 (e) (6,263 ) (e) (879 ) (e) (593 ) (f) Benefits paid (3,788 ) (1,043 ) (533 ) (3,729 ) (1,002 ) (569 ) Curtailments (838 ) (32 ) (33 ) — (11 ) — Settlements (2,657 ) (c) — — — — — Acquisitions (dispositions) / other - net (3 ) (1,030 ) — (129 ) (90 ) (10 ) Exchange rate adjustments — 713 — — (983 ) — Balance at December 31 $ 71,756 (d) $ 22,921 $ 5,160 (g) $ 68,500 (d) $ 21,091 $ 5,153 (g) Change in plan assets Balance at January 1 50,009 17,537 362 50,361 19,306 518 Actual gain (loss) on plan assets 8,694 2,229 57 (2,996 ) (245 ) (17 ) Employer contributions 298 716 342 6,283 475 370 Participant contributions 77 29 61 90 37 60 Benefits paid (3,788 ) (1,043 ) (533 ) (3,729 ) (1,002 ) (569 ) Settlements (2,657 ) (c) — — — — — Acquisitions (dispositions) / other - net — (1,030 ) — — (185 ) — Exchange rate adjustments — 704 — — (849 ) — Balance at December 31 $ 52,633 $ 19,142 $ 289 $ 50,009 $ 17,537 $ 362 Funded status - deficit(h) $ 19,123 $ 3,779 $ 4,871 $ 18,491 $ 3,554 $ 4,791 Amounts recorded in the consolidated Statement of Financial Position Non-current assets - other — 475 — — 746 — Current liabilities - other (296 ) (123 ) (355 ) (280 ) (117 ) (378 ) Non-current liabilities - compensation and benefits (18,827 ) (4,131 ) (4,516 ) (18,211 ) (4,183 ) (4,413 ) Net amount recorded $ (19,123 ) $ (3,779 ) $ (4,871 ) $ (18,491 ) $ (3,554 ) $ (4,791 ) Amounts recorded in Accumulated other comprehensive income (loss) Prior service cost (credit) 67 (16 ) (2,376 ) 596 7 (2,584 ) Actuarial loss (gain) 7,961 4,665 (833 ) 10,430 3,740 (1,196 ) Total recorded in Accumulated other comprehensive income (loss) $ 8,028 $ 4,649 $ (3,209 ) $ 11,026 $ 3,747 $ (3,780 ) (a) GE Supplementary Pension Plan amendment for the U.S. pension changes announced in October 2019 offset by other plan amendments adopted in 2019. (b) Principally associated with discount rate changes offset by impact of the one-time lump sum payments. (c) Payments made to former employees from the GE Pension Trust for the one-time lump sum payments. (d) The PBO for the GE Supplementary Pension Plan, which is an unfunded plan, was $6,691 million and $6,110 million at year-end 2019 and 2018 , respectively. (e) Principally associated with discount rate changes. (f) Principally due to discount rate changes and favorable cost trends. (g) The benefit obligation for retiree health plans was $3,306 million and $3,425 million at December 31, 2019 and 2018 , respectively. (h) Total unfunded status for principal pension plan, other pension plans and principal retiree benefit plans was $27,773 million and $26,836 million at December 31, 2019 and 2018 , respectively. Of these amounts, $14,340 million and $13,292 million at December 31, 2019 and 2018 , respectively, related to plans that are not subject to regulatory funding requirements and the benefits for these plans are funded as they become due.
Composition of Plan Assets	The fair value of our pension plans' investments is presented below. The inputs and valuation techniques used to measure the fair value of these assets are described in Note 1 and have been applied consistently. 2019 2018 (In millions) Principal pension Other pension Principal pension Other pension Global equity $ 6,826 $ 3,484 $ 6,015 $ 4,323 Debt securities Fixed income and cash investment funds 4,398 8,089 2,069 6,320 U.S. corporate(a) 8,025 365 8,734 397 Other debt securities(b) 6,076 424 5,264 472 Real estate 2,309 140 2,218 175 Private equities and other investments 23 452 557 369 Total 27,657 12,954 24,857 12,056 Plan assets measured at net asset value Global equity 14,616 1,450 12,558 1,228 Debt securities 3,744 914 6,400 883 Real estate 1,167 1,930 1,261 1,704 Private equities and other investments 5,449 1,894 4,933 1,666 Total plan assets at fair value $ 52,633 $ 19,142 $ 50,009 $ 17,537 (a) Primarily represented investment-grade bonds of U.S. issuers from diverse industries. (b) Primarily represented investments in residential and commercial mortgage-backed securities, non-U.S. corporate and government bonds and U.S. government, federal agency, state and municipal debt.
Asset Allocation	ASSET ALLOCATION OF PENSION PLANS 2019 Target allocation 2019 Actual allocation Principal Pension Other Pension (weighted average) Principal Pension Other Pension (weighted average) Global equity 30.0 - 47.0 % 23 % 41 % 27 % Debt securities (including cash equivalents) 21.0 - 65.0 55 42 51 Real estate 3.5 - 13.5 9 7 11 Private equities & other investments 6.0 - 16.0 13 10 11
Estimated Future Benefit Payments	EXPECTED FUTURE BENEFIT PAYMENTS OF OUR BENEFIT PLANS (In millions) Principal pension Other pension Principal retiree benefit 2020 $ 3,795 $ 1,030 $ 495 2021 3,875 1,005 475 2022 3,930 1,015 455 2023 3,965 1,035 435 2024 3,980 1,050 415 2025 - 2029 19,965 5,550 1,775
Cost of Postretirement Benefit Plans and Changes in Other Comprehensive Income	COST OF POSTRETIREMENT BENEFIT PLANS AND CHANGES IN OTHER COMPREHENSIVE INCOME For the years ended December 31 2019 2018 2017 (In millions, pre-tax) Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Principal pension Other pension Principal retiree benefit Cost (income) of postretirement benefit plans $ 3,929 $ (21 ) $ (149 ) $ 4,260 $ (110 ) $ (79 ) $ 3,687 $ 364 $ 35 Changes in other comprehensive income Prior service cost (credit) - current year (42 ) (17 ) (23 ) — 82 — — — (8 ) Actuarial loss (gain) - current year 971 1,252 240 (111 ) 464 (543 ) 474 (639 ) (128 ) Reclassifications out of AOCI Curtailment / settlement gain (loss) (353 ) (12 ) 4 (45 ) (2 ) — (64 ) (20 ) (4 ) Amortization of net actuarial gain (loss) (3,439 ) (319 ) 118 (3,785 ) (312 ) 79 (2,812 ) (418 ) 80 Amortization of prior service credit (cost) (135 ) (3 ) 232 (143 ) 9 230 (290 ) 5 171 Total changes in other comprehensive income (2,998 ) 901 571 (4,084 ) 241 (234 ) (2,692 ) (1,072 ) 111 Cost of postretirement benefit plans and changes in other comprehensive income $ 931 $ 880 $ 422 $ 176 $ 131 $ (313 ) $ 995 $ (708 ) $ 146

CURRENT AND ALL OTHER LIABILI_2

CURRENT AND ALL OTHER LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2019
Other Liabilities [Abstract]
Current and All Other Liabilities	December 31 (In millions) 2019 2018 Sales allowances, equipment projects and other commercial liabilities $ 5,203 $ 5,255 Product warranties (Note 23) 1,371 1,346 Employee compensation and benefit liabilities 5,114 5,138 Taxes payable 1,349 503 Environmental, health and safety liabilities (Note 23) 330 204 Due to GE Capital 1,080 1,578 Other 2,385 2,422 Other GE current liabilities 16,833 16,444 Eliminations (1,080 ) (1,578 ) Consolidated other GE current liabilities $ 15,753 $ 14,866 Sales allowances, equipment projects and other commercial liabilities 4,422 5,136 Product warranties (Note 23) 793 846 Uncertain tax positions and related liabilities 2,585 3,404 Alstom legacy legal matters (Note 23) 875 889 Environmental, health and safety liabilities (Note 23) 2,154 1,968 Redeemable noncontrolling interests (Note 16) 439 378 Derivative instruments (Note 21) 171 328 Other 1,349 1,931 GE all other liabilities $ 12,787 $ 14,881 Aircraft maintenance reserve, sales deposits and other commercial liabilities 2,900 2,585 Interest payable 1,189 1,458 Uncertain tax positions and other taxes payable 394 1,646 Derivative instruments (Note 21) 31 258 Other 525 1,615 GE Capital other liabilities $ 5,040 $ 7,562 Eliminations (1,244 ) (1,605 ) Consolidated all other liabilities $ 16,583 $ 20,839 Total $ 32,336 $ 35,705

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
(Benefit) Provision for Income Taxes	(BENEFIT) PROVISION FOR INCOME TAXES (In millions) 2019 2018 2017 Current tax expense (benefit) $ 2,551 $ 1,743 $ 2,405 Deferred tax expense (benefit) from temporary differences (1,242 ) (1,276 ) 1,088 Total GE 1,309 467 3,493 Current tax expense (benefit) (720 ) 596 (1,008 ) Deferred tax expense (benefit) from temporary differences 138 (970 ) (5,294 ) Total GE Capital (582 ) (374 ) (6,302 ) Current tax expense (benefit) 1,831 2,339 1,397 Deferred tax expense (benefit) from temporary differences (1,104 ) (2,245 ) (4,205 ) Total consolidated $ 726 $ 93 $ (2,808 ) CONSOLIDATED EARNINGS (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (In millions) 2019 2018 2017 U.S. earnings $ 506 $ (9,861 ) $ (17,918 ) Non-U.S. earnings 643 (11,126 ) 6,573 Total $ 1,149 $ (20,987 ) $ (11,345 ) CONSOLIDATED (BENEFIT) PROVISION FOR INCOME TAXES (In millions) 2019 2018 2017 U.S. Federal Current $ 146 $ 1,019 $ (734 ) Deferred (1,266 ) (3,144 ) (3,625 ) Non - U.S. Current 2,008 1,132 1,820 Deferred 106 1,197 (429 ) Other (267 ) (111 ) 160 Total $ 726 $ 93 $ (2,808 )
Consolidated Earnings (Loss) from Continuing Operations Before Income Taxes	CONSOLIDATED EARNINGS (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (In millions) 2019 2018 2017 U.S. earnings $ 506 $ (9,861 ) $ (17,918 ) Non-U.S. earnings 643 (11,126 ) 6,573 Total $ 1,149 $ (20,987 ) $ (11,345 )
Income Taxes Paid (Recovered)	INCOME TAXES PAID (RECOVERED) (In millions) 2019 2018 2017 GE $ 2,183 $ 1,803 $ 2,700 GE Capital 45 65 (264 ) Total(a) $ 2,228 $ 1,868 $ 2,436 (a) Includes tax payments reported in discontinued operations.
Reconciliation of U.S. Federal Statutory Income Tax Rate to Actual Income Tax Rate	RECONCILIATION OF U.S. FEDERAL STATUTORY INCOME TAX RATE TO ACTUAL INCOME TAX RATE Consolidated GE GE Capital 2019 2018 2017 2019 2018 2017 2019 2018 2017 U.S. federal statutory income tax rate 21.0 % 21.0 % 35.0 % 21.0 % 21.0 % 35.0 % 21.0 % 21.0 % 35.0 % Increase (reduction) in rate resulting from inclusion of after-tax earnings of GE Capital in before-tax earnings of GE — — — 8.8 (0.5 ) (43.2 ) — — — Tax on global activities including exports 91.0 (5.0 ) 30.3 86.5 (5.0 ) 34.6 8.1 3.2 12.2 U.S. business credits(a) (22.5 ) 2.6 4.3 (9.1 ) 0.4 1.5 21.9 120.0 3.2 Goodwill impairments 26.0 (21.5 ) (7.8 ) 23.5 (21.4 ) (7.3 ) — — (3.8 ) Tax Cuts and Jobs Act enactment 0.2 (0.2 ) (39.8 ) 7.9 0.5 (89.6 ) 15.2 (36.5 ) 3.1 All other – net(b)(c)(d) (52.5 ) 2.7 2.8 (35.6 ) 2.8 5.2 23.1 (8.0 ) 0.2 42.2 (21.4 ) (10.2 ) 82.0 (23.2 ) (98.8 ) 68.3 78.7 14.9 Actual income tax rate 63.2 % (0.4 )% 24.8 % 103.0 % (2.2 )% (63.8 )% 89.3 % 99.7 % 49.9 % (a) U.S. general business credits, primarily the credit for energy produced from renewable sources and the credit for research performed in the U.S. (b) Included, for each period, the expense or benefit for Other taxes reported above in the consolidated (benefit) provision for income taxes, net of 21.0% federal effect for the years ended December 31, 2019 and 2018 and 35.0% federal effect for the year ended December 31, 2017. (c) For the year ended December 31, 2019, included (12.5)% and (11.3)% in consolidated and GE, respectively, related to the disposition of the Digital ServiceMax business. For the year ended December 31, 2018, included 2.8% and 2.8% in consolidated and GE, respectively, related to deductible stock losses. Included in 2017 is 5.6% and 11.7% in consolidated and GE, respectively, related to the disposition of the Water business. Also included in 2017 is (3.1)% and (6.4)% in consolidated and GE, respectively, related to losses on planned dispositions. (d) For the year ended December 31, 2019, included (32.9)% , (27.9)% and 3.5% in consolidated, GE and GE Capital, respectively for the resolution of the IRS audit of our consolidated U.S. income tax returns for 2012-2013.
Unrecognized Tax Benefits	The balance of unrecognized tax benefits, the amount of related interest and penalties we have provided and what we believe to be the range of reasonably possible changes in the next 12 months were: UNRECOGNIZED TAX BENEFITS December 31 (Dollars in millions) 2019 2018 Unrecognized tax benefits $ 4,169 $ 5,563 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 2,701 4,265 Accrued interest on unrecognized tax benefits 722 934 Accrued penalties on unrecognized tax benefits 195 182 Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months 0-700 0-1,300 Portion that, if recognized, would reduce tax expense and effective tax rate(a) 0-650 0-1,200 (a) Some portion of such reduction may be reported as discontinued operations.
Unrecognized Tax Benefits Reconciliation	UNRECOGNIZED TAX BENEFITS RECONCILIATION (In millions) 2019 2018 Balance at January 1 $ 5,563 $ 5,449 Additions for tax positions of the current year 403 300 Additions for tax positions of prior years 500 945 Reductions for tax positions of prior years(a) (1,927 ) (905 ) Settlements with tax authorities (155 ) (64 ) Expiration of the statute of limitations (214 ) (162 ) Balance at December 31 $ 4,169 $ 5,563 (a) For 2019, reductions included $710 million related to the completion of the 2012-2013 IRS audit and $442 million related to the deconsolidation of Baker Hughes.
Components of Net Deferred Income Tax Asset (Liability)	DEFERRED INCOME TAXES December 31 (In millions) 2019 2018 GE $ 12,807 $ 14,479 GE Capital 5,124 6,214 Total assets 17,931 20,693 GE (4,618 ) (4,302 ) GE Capital (3,424 ) (4,278 ) Eliminations — 4 Total liabilities (8,042 ) (8,576 ) Net deferred income tax asset (liability) $ 9,889 $ 12,117 COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY) December 31 (In millions) 2019 2018 Principal pension plans $ 4,016 $ 3,883 Other non-current compensation and benefits 2,206 2,431 Provision for expenses 1,990 2,208 Intangible assets 1,315 820 Retiree insurance plans 1,023 1,006 Non-U.S. loss carryforwards(a) 602 1,362 U.S. credit carryforwards(b) 74 74 Baker Hughes investment (1,256 ) 721 Contract assets (1,232 ) (1,781 ) Depreciation (823 ) (855 ) Other – net(c) 274 307 GE 8,189 10,176 Operating leases (2,218 ) (2,690 ) Financing leases (477 ) (599 ) Intangible assets (10 ) (16 ) Insurance company loss reserves 1,715 1,386 Non-U.S. loss carryforwards(a) 1,274 1,231 U.S. credit carryforwards(b) 785 2,491 Other – net(c) 631 133 GE Capital 1,700 1,936 Eliminations — 4 Net deferred income tax asset (liability) $ 9,889 $ 12,117 (a) Net of valuation allowances of $4,801 million and $3,799 million for GE and $201 million and $767 million for GE Capital as of December 31, 2019 and 2018 , respectively. Of the net deferred tax asset as of December 31, 2019 of $1,876 million , $3 million relates to net operating loss carryforwards that expire in various years ending from December 31, 2020 through December 31, 2022; $193 million relates to net operating losses that expire in various years ending from December 31, 2023 through December 31, 2039 and $1,680 million relates to net operating loss carryforwards that may be carried forward indefinitely. (b) Of the net deferred tax asset as of December 31, 2019 of $859 million for U.S. credit carryforwards, $74 million expires in the years ending December 31, 2030 through 2032 and $785 million expires in various years ending from December 31, 2036 through December 31, 2039. (c) Included valuation allowances related to assets other than non-U.S. loss carryforwards of $1,897 million and $1,002 million for GE and $248 million and $131 million for GE Capital as of December 31, 2019 and 2018, respectively.

SHAREHOLDERS_ EQUITY (Tables)

SHAREHOLDERS’ EQUITY (Tables)	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Schedule of Shareowners' Equity	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (In millions) 2019 2018 2017 Beginning balance $ (39 ) $ (102 ) $ 674 Other comprehensive income (loss) (OCI) before reclassifications – net of deferred taxes of $32, $41 and $(335)(a) 141 87 (627 ) Reclassifications from OCI – net of deferred taxes of $(11), $(6) and $(81) (42 ) (23 ) (149 ) Other comprehensive income (loss) 100 64 (776 ) Less OCI attributable to noncontrolling interests — — 1 Investment securities ending balance $ 61 $ (39 ) $ (102 ) Beginning balance $ (6,134 ) $ (4,661 ) $ (6,806 ) OCI before reclassifications – net of deferred taxes of $(98), $29 and $(537) 41 (2,076 ) 846 Reclassifications from OCI – net of deferred taxes of $(9), $89 and $(543)(b) 1,234 412 1,333 Other comprehensive income (loss) 1,275 (1,664 ) 2,179 Less OCI attributable to noncontrolling interests (40 ) (192 ) 35 Currency translation adjustments ending balance $ (4,818 ) $ (6,134 ) $ (4,661 ) Beginning balance $ 13 $ 62 $ 12 OCI before reclassifications – net of deferred taxes of $6, $(26) and $31 (21 ) (149 ) 171 Reclassifications from OCI – net of deferred taxes of $2, $4 and $(28) 58 98 (120 ) Other comprehensive income (loss) 37 (51 ) 51 Less OCI attributable to noncontrolling interests 2 (2 ) 1 Cash flow hedges ending balance $ 49 $ 13 $ 62 Beginning balance $ (8,254 ) $ (9,702 ) $ (12,469 ) OCI before reclassifications – net of deferred taxes of $(355), $115 and $32 (1,820 ) 71 550 Reclassifications from OCI – net of deferred taxes of $852, $2,610 and $1,111 3,048 1,345 2,232 Other comprehensive income (loss) 1,228 1,416 2,782 Less OCI attributable to noncontrolling interests (2 ) (32 ) 15 Benefit plans ending balance $ (7,024 ) $ (8,254 ) $ (9,702 ) Accumulated other comprehensive income (loss) at December 31 $ (11,732 ) $ (14,414 ) $ (14,404 ) (a) Included adjustments of $(2,693) million , $1,825 million and $(1,259) million in 2019, 2018 and 2017, 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 $1,066 million , zero and $483 million in 2019, 2018 and 2017, respectively, in earnings (loss) from discontinued operations, net of taxes.

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Weighted Average Grant Date Fair Value	WEIGHTED AVERAGE GRANT DATE FAIR VALUE 2019 2018 2017 Stock Options $ 3.48 $ 3.00 $ 3.81 RSUs 10.12 13.96 24.89 PSUs 10.73 4.80 N/A
Stock-Based Compensation Activity	STOCK-BASED COMPENSATION ACTIVITY Stock Options RSUs Shares (in millions) Weighted average exercise price Weighted average contractual term (in years) Intrinsic value (in millions) Shares (in millions) Weighted average grant date fair value Weighted average contractual term (in years) Intrinsic value (in millions) Outstanding at January 1, 2019 466 $ 19.59 29 $ 18.07 Spin-off adjustment (a) 17 N/A 1 N/A Granted 34 10.00 16 10.12 Exercised (7 ) 9.36 (15 ) 17.04 Forfeited (11 ) 13.66 (3 ) 15.40 Expired (41 ) 17.24 N/A N/A Outstanding at December 31, 2019 458 $ 18.66 4.6 $ 185 28 $ 13.29 1.4 $ 315 Exercisable at December 31, 2019 335 $ 21.03 3.1 $ — N/A N/A N/A N/A Expected to vest 113 $ 12.36 8.5 $ 165 26 $ 13.45 1.3 $ 285 (a) In connection with the spin-off of GE Transportation and pursuant to the anti-dilution provisions of the 2007 Long Term Incentive Plan, the Company made adjustments to exercise price and the number of shares to preserve the intrinsic value of the awards prior to the separation. The adjustments to the stock-based compensation awards did not result in additional compensation expense.
Schedule of Compensation Expense	(In millions) 2019 2018 2017 Compensation expense (after-tax)(a)(b) $ 400 $ 336 $ 241 Cash received from stock options exercised 69 24 528 Intrinsic value of stock options exercised and RSUs vested 154 83 493 (a) Unrecognized compensation cost related to unvested equity awards as of December 31, 2019 was $515 million , which will be amortized over a weighted average period of 1.1 years . (b) Income tax benefit recognized in earnings was $20 million , $40 million and $138 million in 2019 , 2018 , and 2017
Schedule of Cash Proceeds and Intrinsic Value	(In millions) 2019 2018 2017 Compensation expense (after-tax)(a)(b) $ 400 $ 336 $ 241 Cash received from stock options exercised 69 24 528 Intrinsic value of stock options exercised and RSUs vested 154 83 493 (a) Unrecognized compensation cost related to unvested equity awards as of December 31, 2019 was $515 million , which will be amortized over a weighted average period of 1.1 years . (b) Income tax benefit recognized in earnings was $20 million , $40 million and $138 million in 2019 , 2018 , and 2017

EARNINGS PER SHARE INFORMATION

EARNINGS PER SHARE INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	2019 2018 2017 (In millions; per-share amounts in dollars) Diluted Basic Diluted Basic Diluted Basic Earnings (loss) from continuing operations for per-share calculation $ 416 $ 416 $ (20,997 ) $ (20,997 ) $ (8,270 ) $ (8,270 ) Preferred stock dividends (460 ) (460 ) (447 ) (447 ) (436 ) (436 ) Earnings (loss) from continuing operations attributable to $ (45 ) $ (45 ) $ (21,445 ) $ (21,445 ) $ (8,706 ) $ (8,706 ) Earnings (loss) from discontinued operations for per-share calculation (5,396 ) (5,396 ) (1,372 ) (1,372 ) (251 ) (251 ) Net earnings (loss) attributable to GE common shareholders for per-share calculation (5,440 ) (5,440 ) (22,809 ) (22,809 ) (8,944 ) (8,944 ) Shares of GE common stock outstanding 8,724 8,724 8,691 8,691 8,687 8,687 Employee compensation-related shares (including stock options) and warrants(a) — — — — — — Total average equivalent shares 8,724 8,724 8,691 8,691 8,687 8,687 Earnings (loss) from continuing operations $ (0.01 ) $ (0.01 ) $ (2.47 ) $ (2.47 ) $ (1.00 ) $ (1.00 ) Earnings (loss) from discontinued operations (0.62 ) (0.62 ) (0.16 ) (0.16 ) (0.03 ) (0.03 ) Net earnings (loss) (0.62 ) (0.62 ) (2.62 ) (2.62 ) (1.03 ) (1.03 ) Potentially dilutive securities(a) 450 420 119

OTHER INCOME (Tables)

OTHER INCOME (Tables)	12 Months Ended
	Dec. 31, 2019
Other Income and Expenses [Abstract]
Schedule of Other Income	(In millions) 2019 2018 2017 Purchases and sales of business interests(a) $ 3 $ 1,234 $ 1,024 Licensing and royalty income 256 218 188 Associated companies 206 21 208 Net interest and investment income(b) 1,220 562 358 Other items 515 282 115 GE 2,200 2,317 1,893 Eliminations 22 4 189 Total $ 2,222 $ 2,321 $ 2,083 (a) Included a pre-tax gain of $224 million on the sale of ServiceMax partially offset by charges to the valuation allowance on businesses classified as held for sale of $245 million in 2019. Included pre-tax gains of $737 million on the sale of Distributed Power, $681 million on the sale of Value-Based Care and $267 million on the sale of Industrial Solutions, partially offset by charges to the valuation allowance on businesses classified as held for sale of $554 million in 2018. Included a pre-tax gain of $1,931 million on the sale of our Water business, partially offset by charges to the valuation allowance on businesses classified as held for sale of $1,000 million in 2017. See Note 2 for further information. (b) Included unrealized gain of $793 million related to our interest in Baker Hughes in 2019. Included interest income associated with customer advances of $143 million , $136 million and $105 million in 2019, 2018 and 2017, respectively. See Notes 1, 3 and 9.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis	ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS December 31 (In millions) Level 1 Level 2 Level 3(a) Netting Net balance(b) 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Investment securities $ 9,704 $ 88 $ 33,606 $ 29,408 $ 5,210 $ 4,013 $ — $ — $ 48,521 $ 33,508 Derivatives — — 2,561 2,197 11 8 (1,832 ) (2,001 ) 740 205 Total assets $ 9,704 $ 88 $ 36,167 $ 31,605 $ 5,221 $ 4,021 $ (1,832 ) $ (2,001 ) $ 49,261 $ 33,713 Derivatives $ — $ — $ 834 $ 1,814 $ 19 $ 6 $ (651 ) $ (1,234 ) $ 202 $ 586 Other(c) — — 807 722 — — — — 807 722 Total liabilities $ — $ — $ 1,641 $ 2,535 $ 19 $ 6 $ (651 ) $ (1,234 ) $ 1,009 $ 1,308 (a) Included debt securities classified within Level 3 of $3,977 million of U.S. corporate and $330 million of Government and agencies securities at December 31, 2019, and $3,498 million of U.S. corporate and $292 million of Government and agencies securities at December 31, 2018. (b) See Notes 3 and 21 for further information on the composition of our investment securities and derivative portfolios. (c) Primarily represents the liabilities associated with certain of our deferred incentive compensation plans. (d) The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts include fair value adjustments related to our own and counterparty non-performance risk.
Schedule of Level 3 Instruments	(In millions) Balance at Net realized/unrealized gains(losses)(a) Purchases(b) Sales & Settlements Transfers Transfers Balance at 2019 Investment securities $ 4,013 $ 399 $ 2,159 $ (1,308 ) $ — $ (53 ) $ 5,210 2018 Investment securities $ 4,109 $ (231 ) $ 729 $ (333 ) $ 2 $ (262 ) $ 4,013 (a) Primarily included net unrealized gains (losses) of $404 million and $(231) million in other comprehensive income for the years ended December 31, 2019 and December 31, 2018, respectively. (b) Included $975 million and $615 million of U.S. corporate debt securities for the years ended December 31, 2019 and 2018, respectively.
Assets Measured at Fair Value on a Nonrecurring Basis	The following table represents fair values (as measured at the time of the adjustment) for those assets remeasured to fair value on a nonrecurring basis during the fiscal year and were still held at December 31, 2019 and 2018. Remeasured during the years ended December 31 2019 2018 (In millions) Level 2 Level 3 Level 2 Level 3 Financing receivables and financing receivables held for sale $ — $ 21 $ — $ 47 Equity securities without readily determinable fair value and equity method investments — 306 479 874 Long-lived assets 12 412 152 422 Goodwill — — — 2,440 Total $ 12 $ 739 $ 631 $ 3,783

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 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. December 31, 2019 December 31, 2018 (In millions) Carrying Estimated Carrying Estimated Assets Loans and other receivables $ 4,113 $ 4,208 $ 8,811 $ 8,829 Liabilities Borrowings (Note 11) $ 90,882 $ 97,754 $ 103,599 $ 100,492 Investment contracts (Note 12) 2,191 2,588 2,388 2,630
Fair Value of Derivative Assets	The table below provides additional information about how derivatives are reflected in our financial statements. Derivative assets and liabilities are recorded at fair value exclusive of interest earned or owed on interest rate derivatives, which is presented separately in our consolidated Statement of Financial Position. Cash collateral and securities held as collateral represent assets that have been provided by our derivative counterparties as security for amounts they owe us (derivatives that are in an asset position). December 31, 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 $ 23,918 $ 1,636 $ 11 $ 22,904 $ 1,335 $ 23 Currency exchange contracts 7,044 99 46 7,854 175 114 Derivatives accounted for as hedges $ 30,961 $ 1,734 $ 57 $ 30,758 $ 1,511 $ 138 Interest rate contracts $ 3,185 $ 18 $ 12 $ 6,198 $ 28 $ 2 Currency exchange contracts 62,165 697 744 77,544 653 1,472 Other contracts 1,706 123 40 2,604 13 209 Derivatives not accounted for as hedges $ 67,056 $ 838 $ 796 $ 86,346 $ 695 $ 1,682 Gross derivatives $ 98,018 $ 2,572 $ 853 $ 117,104 $ 2,205 $ 1,820 Netting and credit adjustments $ (546 ) $ (546 ) $ (959 ) $ (967 ) Cash collateral adjustments (1,286 ) (105 ) (1,042 ) (267 ) Net derivatives recognized in Statement of Financial Position $ 740 $ 202 $ 205 $ 586 Net accrued interest $ 182 $ 1 $ 205 $ 1 Securities held as collateral (469 ) — (235 ) — Net amount $ 452 $ 203 $ 174 $ 587
Fair Value of Derivative Liabilities	The table below provides additional information about how derivatives are reflected in our financial statements. Derivative assets and liabilities are recorded at fair value exclusive of interest earned or owed on interest rate derivatives, which is presented separately in our consolidated Statement of Financial Position. Cash collateral and securities held as collateral represent assets that have been provided by our derivative counterparties as security for amounts they owe us (derivatives that are in an asset position). December 31, 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 $ 23,918 $ 1,636 $ 11 $ 22,904 $ 1,335 $ 23 Currency exchange contracts 7,044 99 46 7,854 175 114 Derivatives accounted for as hedges $ 30,961 $ 1,734 $ 57 $ 30,758 $ 1,511 $ 138 Interest rate contracts $ 3,185 $ 18 $ 12 $ 6,198 $ 28 $ 2 Currency exchange contracts 62,165 697 744 77,544 653 1,472 Other contracts 1,706 123 40 2,604 13 209 Derivatives not accounted for as hedges $ 67,056 $ 838 $ 796 $ 86,346 $ 695 $ 1,682 Gross derivatives $ 98,018 $ 2,572 $ 853 $ 117,104 $ 2,205 $ 1,820 Netting and credit adjustments $ (546 ) $ (546 ) $ (959 ) $ (967 ) Cash collateral adjustments (1,286 ) (105 ) (1,042 ) (267 ) Net derivatives recognized in Statement of Financial Position $ 740 $ 202 $ 205 $ 586 Net accrued interest $ 182 $ 1 $ 205 $ 1 Securities held as collateral (469 ) — (235 ) — Net amount $ 452 $ 203 $ 174 $ 587
Effects of Derivatives on Earnings	The table below presents the effect of our derivative financial instruments in the consolidated Statement of Earnings (Loss): 2019 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 (Loss) $ 95,214 $ 70,029 $ 4,227 $ 13,949 $ 2,222 $ 97,012 $ 72,818 $ 4,766 $ 14,643 $ 2,321 Total effect of cash flow hedges $ 5 $ (24 ) $ (37 ) $ (3 ) $ — $ (53 ) $ (10 ) $ (39 ) $ — $ — Hedged items $ (1,276 ) $ 617 Derivatives designated as hedging instruments 1,229 (724 ) Total effect of fair value hedges $ (48 ) $ (107 ) Interest rate contracts $ (24 ) $ — $ (50 ) $ — $ — $ (72 ) $ — $ (4 ) $ — $ — Currency exchange contracts 180 (35 ) — (6 ) (59 ) (1,303 ) (520 ) — — (47 ) Other (2 ) — 195 — 1 (1 ) — (95 ) — (10 ) Total effect of derivatives not designated as hedges $ 154 $ (35 ) $ 145 $ (6 ) $ (58 ) $ (1,375 ) $ (520 ) $ (99 ) $ — $ (56 )

COMMITMENTS, GUARANTEES, PROD_2

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Product Warranty Liability	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 2017 Balance at January 1 $ 2,192 $ 2,103 $ 1,743 Current-year provisions 713 945 929 Expenditures (715 ) (788 ) (708 ) Other changes (26 ) (69 ) 139 Balance at December 31 $ 2,165 $ 2,192 $ 2,103

CASH FLOWS INFORMATION (Tables)

CASH FLOWS INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2019
Supplemental Cash Flow Information [Abstract]
Cash Flows Information	GE For the years ended December 31 (In millions) 2019 2018 2017 Increase (decrease) in employee benefit liabilities(a) $ 227 $ 587 $ (68 ) Other gains on investing activities (723 ) (378 ) (138 ) Restructuring and other charges(b) 1,144 2,244 2,781 Restructuring and other cash expenditures (1,157 ) (1,474 ) (1,484 ) Increase (decrease) in equipment project accruals (314 ) (939 ) (212 ) Baker Hughes Class B dividends received 282 494 251 Other(c) 613 142 374 All other operating activities $ 72 $ 676 $ 1,504 Derivative settlements (net) $ (14 ) $ (947 ) $ (1,016 ) Investments in intangible assets (net) (30 ) (496 ) (321 ) Other investments (net)(d) 791 726 (1,404 ) Sales of retained ownership interests in Wabtec 3,383 — — Other(e) (455 ) 77 (6,698 ) All other investing activities $ 3,675 $ (640 ) $ (9,439 ) Disposition of Baker Hughes noncontrolling interests $ — $ 4,373 $ 308 Acquisition of noncontrolling interests(f) (28 ) (3,345 ) (135 ) Other(g) (284 ) 79 117 All other financing activities $ (312 ) $ 1,107 $ 290 Open market purchases under share repurchase program $ (10 ) $ (245 ) $ (3,506 ) Other purchases (47 ) (23 ) (67 ) Dispositions 84 250 1,021 Net dispositions (purchases) of GE shares for treasury $ 29 $ (17 ) $ (2,550 ) (a) Included non-cash adjustments for stock-based compensation expenses. (b) Excluded 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. (c) 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. (d) Included the provision of a promissory note to Baker Hughes in 2017 and subsequent principal collections in 2018 and 2019. See Note 2 . (e) Included net activity related to settlements between our continuing operations and discontinued operations. In 2017, this was primarily driven by funding in order to complete the Baker Hughes acquisition. (f) Primarily included the acquisition of Alstom's interest in the grid technology, renewable energy, and global nuclear and French steam power joint ventures for $(3,105) million in the fourth quarter of 2018. See Note 16. (g) Primarily included debt tender expenditures of $(255) million incurred to purchase GE long-term debt in 2019. GE CAPITAL For the years ended December 31 (In millions) 2019 2018 2017 Cash collateral and settlements received (paid) on derivative contracts $ 1,263 $ (708 ) $ 836 Increase (decrease) in other liabilities (1,470 ) 240 (798 ) Other(a) 811 627 11,076 All other operating activities $ 605 $ 158 $ 11,114 Increase in loans to customers $ (15,022 ) $ (30,207 ) $ (45,251 ) Principal collections from customers - loans 18,083 37,237 47,471 Investment in equipment for financing leases (18 ) (306 ) (585 ) Principal collections from customers - financing leases(b) — 802 1,011 Sales of financing receivables 345 2,458 251 Net decrease (increase) in GE Capital financing receivables $ 3,389 $ 9,986 $ 2,897 Purchases of investment securities $ (6,205 ) $ (5,775 ) $ (2,867 ) Dispositions and maturities of investment securities 4,589 8,309 10,001 Decrease (increase) in other assets - investments 1,347 (4,516 ) (8,497 ) Other(c) 2,886 2,464 4,375 All other investing activities $ 2,617 $ 482 $ 3,013 Short-term (91 to 365 days) $ (10,515 ) $ (14,251 ) $ (18,591 ) Long-term (longer than one year) (991 ) (5,460 ) (2,054 ) Principal payments - non-recourse, leveraged leases (126 ) (125 ) (362 ) Repayments and other reductions (maturities longer than 90 days) $ (11,632 ) $ (19,836 ) $ (21,007 ) Redemption of investment contracts $ (279 ) $ (268 ) $ (344 ) Settlements paid on derivative contracts (864 ) (2,235 ) (212 ) Other 324 95 276 All other financing activities $ (819 ) $ (2,408 ) $ (280 ) (a) Primarily included non-cash adjustments for insurance-related charges recorded in 2019 and 2017. (b) In 2019, per ASU No. 2016-02, Leases, principal collections from customers on financing leases is classified as cash from operating activities. (c) Primarily included cash related to our current receivables and supply chain finance programs and net activity related to settlements between our continuing operations (primarily our treasury operations) and businesses in discontinued operations.

INTERCOMPANY TRANSACTIONS (Tabl

INTERCOMPANY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 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. (In millions) 2019 2018 2017 Combined GE and GE Capital cash from (used for) operating activities - continuing operations $ 6,495 $ 2,282 $ 13,853 GE current receivables sold to GE Capital 1,081 5 (4,435 ) GE long-term receivables sold to GE Capital 468 1,079 (250 ) Supply chain finance programs(a) 2,289 (18 ) 302 GE Capital common dividends to GE — — (4,016 ) Other reclassifications and eliminations 86 (138 ) 387 Consolidated cash from (used for) operating activities-continuing operations $ 10,419 $ 3,210 $ 5,840 Combined GE and GE Capital cash from (used for) investing activities - continuing operations $ 13,509 $ 14,915 $ (3,473 ) GE current receivables sold to GE Capital (1,677 ) (839 ) 4,561 GE long-term receivables sold to GE Capital (468 ) (1,079 ) 250 Supply chain finance programs(a) (2,289 ) 18 (302 ) GE Capital loans to GE — 6,479 7,271 Repayment of GE Capital loans by GE (1,523 ) — (1,329 ) Capital contribution from GE to GE Capital 4,000 — — Other reclassifications and eliminations (868 ) (570 ) (251 ) Consolidated cash from (used for) investing activities-continuing operations $ 10,684 $ 18,925 $ 6,728 Combined GE and GE Capital cash from (used for) financing activities - continuing operations $ (14,665 ) $ (22,408 ) $ (21,738 ) GE current receivables sold to GE Capital 596 835 (127 ) GE Capital common dividends to GE — — 4,016 GE Capital loans to GE — (6,479 ) (7,271 ) Repayment of GE Capital loans by GE 1,523 — 1,329 Capital contribution from GE to GE Capital (4,000 ) — — Other reclassifications and eliminations 782 706 (136 ) Consolidated cash from (used for) financing activities-continuing operations $ (15,764 ) $ (27,345 ) $ (23,927 ) (a) Represents the reduction of the GE liability associated with the funded participation in a supply chain finance program with GE Capital, primarily as a result of GE Capital's sale of the program platform to MUFG Union Bank, N.A. (MUFG) in 2019.

OPERATING SEGMENTS (Tables)

OPERATING SEGMENTS (Tables)	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Reconciliation of Revenue from Segments to Consolidated	Years ended December 31 Total revenues(a) Intersegment revenues(b) External revenues REVENUES (In millions) 2019 2018 2017 2019 2018 2017 2019 2018 2017 Power $ 18,625 $ 22,150 $ 29,426 $ 357 $ 152 $ 326 $ 18,267 $ 21,997 $ 29,100 Renewable Energy 15,337 14,288 14,321 139 186 242 15,198 14,102 14,080 Aviation 32,875 30,566 27,013 758 375 459 32,117 30,191 26,554 Healthcare 19,942 19,784 19,017 — — — 19,942 19,784 19,017 Total industrial segment revenues 86,778 86,789 89,776 1,254 714 1,027 85,524 86,075 88,749 Capital 8,741 9,551 9,070 971 1,384 1,558 7,770 8,167 7,512 Corporate items and eliminations (305 ) 673 433 (2,225 ) (2,097 ) (2,585 ) 1,920 2,770 3,018 Total $ 95,214 $ 97,012 $ 99,279 $ — $ — $ — $ 95,214 $ 97,012 $ 99,279 (a) Revenues of GE businesses include income from sales of goods and services to customers. (b) Sales from one component to another generally are priced at equivalent commercial selling prices.
Classification of Equipment and Services Revenues	The equipment and services revenues classification in the table below is consistent with our segment MD&A presentation. Years ended December 31 2019 2018 2017 (In millions) Equipment Services Total Equipment Services Total Equipment Services Total Power $ 6,247 $ 12,378 $ 18,625 $ 8,077 $ 14,073 $ 22,150 $ 12,909 $ 16,517 $ 29,426 Renewable Energy 12,267 3,069 15,337 11,419 2,870 14,288 13,969 352 14,321 Aviation 12,804 20,071 32,875 11,499 19,067 30,566 10,215 16,797 27,013 Healthcare 11,585 8,357 19,942 11,422 8,363 19,784 10,771 8,246 19,017 Total industrial segment revenues $ 42,904 $ 43,875 $ 86,778 $ 42,416 $ 44,372 $ 86,789 $ 47,864 $ 41,913 $ 89,776 SEGMENT REVENUES Years ended December 31 (In millions) 2019 2018 2017 Gas Power $ 13,122 $ 13,296 $17,100 Power Portfolio 5,503 8,853 12,326 Power $ 18,625 $ 22,150 $ 29,426 Onshore Wind $ 10,421 $ 8,220 $ 8,055 Grid Solutions equipment and services 4,062 4,772 5,117 Other 855 1,296 1,149 Renewable Energy $ 15,337 $ 14,288 $ 14,321 Commercial $ 24,217 $ 22,724 $ 19,709 Military 4,389 4,103 3,991 Systems & Other 4,269 3,740 3,314 Aviation $ 32,875 $ 30,566 $ 27,013 Healthcare Systems $ 14,648 $ 14,886 $ 14,460 Life Sciences 5,294 4,898 4,557 Healthcare $ 19,942 $ 19,784 $ 19,017 Total industrial segment revenues $ 86,778 $ 86,789 $ 89,776 Capital(a) 8,741 9,551 9,070 Corporate items and eliminations (305 ) 673 433 Consolidated revenues $ 95,214 $ 97,012 $ 99,279 (a) Substantially all of our revenues at GE Capital are outside of the scope of ASC 606.
Reconciliation of Profit and Earnings to Consolidated	PROFIT AND EARNINGS For the years ended December 31 (In millions) 2019 2018 2017 Power $ 386 $ (808 ) $ 1,894 Renewable Energy (666 ) 292 728 Aviation 6,820 6,466 5,370 Healthcare 3,896 3,698 3,488 Total industrial segment profit 10,436 9,647 11,479 Capital (530 ) (489 ) (6,765 ) Total segment profit 9,906 9,158 4,714 Corporate items and eliminations (2,212 ) (2,837 ) (3,798 ) GE goodwill impairments (1,486 ) (22,136 ) (1,165 ) GE interest and other financial charges (2,115 ) (2,415 ) (2,538 ) GE non-operating benefit costs (2,828 ) (2,740 ) (2,409 ) GE provision for income taxes (1,309 ) (467 ) (3,493 ) Earnings (loss) from continuing operations attributable to GE common shareholders (44 ) (21,438 ) (8,689 ) Earnings (loss) from discontinued operations, net of taxes (5,335 ) (1,363 ) (312 ) Less net earnings (loss) attributable to noncontrolling interests, discontinued operations 60 1 (81 ) Earnings (loss) from discontinued operations, net of taxes and noncontrolling interests (5,395 ) (1,364 ) (231 ) Consolidated net earnings (loss) attributable to GE common shareholders $ (5,439 ) $ (22,802 ) $ (8,920 ) Interest and other financial charges Benefit (provision) for income taxes For the years ended December 31 (In millions) 2019 2018 2017 2019 2018 2017 Capital $ 2,532 $ 2,982 $ 3,145 $ 582 $ 374 $ 6,302 Corporate items and eliminations(a) 1,695 1,784 1,510 (1,309 ) (467 ) (3,493 ) Total $ 4,227 $ 4,766 $ 4,655 $ (726 ) $ (93 ) $ 2,808
Disclosure of Operating Segment Interest and Financial Charges and Provision for Income Taxes	Interest and other financial charges Benefit (provision) for income taxes For the years ended December 31 (In millions) 2019 2018 2017 2019 2018 2017 Capital $ 2,532 $ 2,982 $ 3,145 $ 582 $ 374 $ 6,302 Corporate items and eliminations(a) 1,695 1,784 1,510 (1,309 ) (467 ) (3,493 ) Total $ 4,227 $ 4,766 $ 4,655 $ (726 ) $ (93 ) $ 2,808 (a) Included amounts for Power, Renewable Energy, Aviation and Healthcare, for which our measure of segment profit excludes interest and other financial charges and income taxes.
PPE Additions and Depreciation and Amortization	Assets Property, plant and Depreciation and amortization(b) At December 31 For the years ended December 31 For the years ended December 31 (In millions) 2019 2018 2017 2019 2018 2017 2019 2018 2017 Power $ 26,731 $ 27,389 $ 55,827 $ 277 $ 358 $ 1,018 $ 880 $ 1,307 $ 1,228 Renewable Energy 15,935 16,400 18,466 455 303 677 425 474 382 Aviation 41,647 38,021 37,473 1,031 1,070 1,426 1,150 1,042 979 Healthcare 30,514 28,048 28,408 395 378 393 702 832 806 Capital(c) 117,546 119,329 150,805 3,830 4,569 3,680 2,083 2,163 2,342 Corporate items and eliminations(d) 29,565 18,032 10,758 (175 ) (46 ) (64 ) 355 763 456 Total continuing $ 261,939 $ 247,219 $ 301,737 $ 5,813 $ 6,632 $ 7,130 $ 5,595 $ 6,582 $ 6,193 (a) Additions to property, plant and equipment include amounts relating to principal businesses purchased. (b) Included amortization expense related to intangible assets. (c) Included Capital deferred income taxes that are presented as assets for purposes of our balance sheet presentation. (d) Included GE deferred income taxes that are presented as assets for purposes of our balance sheet presentation.
Assets by Geographic Areas	December 31 (In millions) 2019 2018 U.S. $ 144,405 $ 126,566 Non-U.S. Europe 70,565 70,007 Asia 22,089 22,355 Americas 13,435 12,871 Other Global 11,445 15,420 Total Non-U.S. $ 117,534 $ 120,653 Total assets (Continuing Operations) $ 261,939 $ 247,219

GUARANTOR FINANCIAL INFORMATI_2

GUARANTOR FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 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 YEAR ENDED DECEMBER 31, 2019 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 28,078 $ — $ — $ 154,927 $ (95,518 ) $ 87,487 GE Capital revenues from services — 964 64 9,949 (3,250 ) 7,728 Total revenues 28,078 964 64 164,876 (98,768 ) 95,214 Interest and other financial charges 1,612 980 1,405 1,975 (1,745 ) 4,227 Other costs and expenses 32,563 1 — 166,371 (106,876 ) 92,059 Total costs and expenses 34,175 981 1,406 168,346 (108,622 ) 96,287 Other income (3,853 ) — — 30,453 (24,378 ) 2,222 Equity in earnings (loss) of affiliates 5,923 — 1,290 75,445 (82,658 ) — Earnings (loss) from continuing operations before income taxes (4,028 ) (17 ) (52 ) 102,427 (97,182 ) 1,149 Benefit (provision) for income taxes (1,143 ) 1 — (228 ) 643 (726 ) Earnings (loss) from continuing operations (5,170 ) (16 ) (52 ) 102,200 (96,539 ) 423 Earnings (loss) from discontinued operations, net of taxes 192 — 59 — (5,585 ) (5,335 ) Net earnings (loss) (4,979 ) (16 ) 7 102,200 (102,124 ) (4,912 ) Less net earnings (loss) attributable to noncontrolling interests — — — 7 59 66 Net earnings (loss) attributable to the Company (4,979 ) (16 ) 7 102,192 (102,184 ) (4,979 ) Other comprehensive income 2,681 — (1,022 ) 2,280 (1,258 ) 2,681 Comprehensive income (loss) attributable to the Company $ (2,297 ) $ (16 ) $ (1,015 ) $ 104,472 $ (103,441 ) $ (2,297 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 2018 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 34,972 $ — $ — $ 164,691 $ (110,723 ) $ 88,940 GE Capital revenues from services — 917 1,038 9,531 (3,414 ) 8,072 Total revenues 34,972 917 1,038 174,222 (114,136 ) 97,012 Interest and other financial charges 1,728 911 2,560 2,459 (2,893 ) 4,766 Other costs and expenses 47,471 — 1 186,262 (118,180 ) 115,554 Total costs and expenses 49,199 911 2,561 188,721 (121,073 ) 120,320 Other income 3,910 — — 29,268 (30,857 ) 2,321 Equity in earnings (loss) of affiliates (11,404 ) — 1,554 240,036 (230,186 ) — Earnings (loss) from continuing operations before income taxes (21,721 ) 6 31 254,803 (254,106 ) (20,987 ) Benefit (provision) for income taxes 1,092 5 — (2,381 ) 1,191 (93 ) Earnings (loss) from continuing operations (20,629 ) 11 31 252,422 (252,915 ) (21,080 ) Earnings (loss) from discontinued operations, net of taxes (1,726 ) — (39 ) — 401 (1,363 ) Net earnings (loss) (22,355 ) 11 (8 ) 252,422 (252,514 ) (22,443 ) Less net earnings (loss) attributable to noncontrolling interests — — — (204 ) 116 (89 ) Net earnings (loss) attributable to the Company (22,355 ) 11 (8 ) 252,627 (252,629 ) (22,355 ) Other comprehensive income (10 ) — (82 ) (2,840 ) 2,922 (10 ) Comprehensive income (loss) attributable to the Company $ (22,364 ) $ 11 $ (90 ) $ 249,786 $ (249,707 ) $ (22,364 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 2017 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 35,551 $ — $ — $ 161,172 $ (104,782 ) $ 91,942 GE Capital revenues from services — 703 800 9,888 (4,053 ) 7,337 Total revenues 35,551 703 800 171,060 (108,835 ) 99,279 Interest and other financial charges 1,644 652 2,006 3,343 (2,990 ) 4,655 Other costs and expenses 38,765 — 18 177,223 (107,954 ) 108,052 Total costs and expenses 40,409 653 2,023 180,566 (110,943 ) 112,707 Other income (959 ) — — 75,291 (72,249 ) 2,083 Equity in earnings (loss) of affiliates 553 — 1,938 109,521 (112,012 ) — Earnings (loss) from continuing operations before income taxes (5,263 ) 50 714 175,307 (182,152 ) (11,345 ) Benefit (provision) for income taxes (2,896 ) (5 ) 115 5,877 (282 ) 2,808 Earnings (loss) from continuing operations (8,159 ) 45 829 181,184 (182,435 ) (8,536 ) Earnings (loss) from discontinued operations, net of taxes (325 ) — 41 4 (32 ) (312 ) Net earnings (loss) (8,484 ) 45 870 181,187 (182,467 ) (8,849 ) Less net earnings (loss) attributable to noncontrolling interests — — — (137 ) (228 ) (365 ) Net earnings (loss) attributable to the Company (8,484 ) 45 870 181,324 (182,239 ) (8,484 ) Other comprehensive income 4,184 — 567 (7,552 ) 6,985 4,184 Comprehensive income (loss) attributable to the Company $ (4,300 ) $ 45 $ 1,436 $ 173,773 $ (175,254 ) $ (4,300 )
Condensed Consolidating Statement of Earnings (Loss) and Comprehensive Income (Loss)	CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 2019 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 28,078 $ — $ — $ 154,927 $ (95,518 ) $ 87,487 GE Capital revenues from services — 964 64 9,949 (3,250 ) 7,728 Total revenues 28,078 964 64 164,876 (98,768 ) 95,214 Interest and other financial charges 1,612 980 1,405 1,975 (1,745 ) 4,227 Other costs and expenses 32,563 1 — 166,371 (106,876 ) 92,059 Total costs and expenses 34,175 981 1,406 168,346 (108,622 ) 96,287 Other income (3,853 ) — — 30,453 (24,378 ) 2,222 Equity in earnings (loss) of affiliates 5,923 — 1,290 75,445 (82,658 ) — Earnings (loss) from continuing operations before income taxes (4,028 ) (17 ) (52 ) 102,427 (97,182 ) 1,149 Benefit (provision) for income taxes (1,143 ) 1 — (228 ) 643 (726 ) Earnings (loss) from continuing operations (5,170 ) (16 ) (52 ) 102,200 (96,539 ) 423 Earnings (loss) from discontinued operations, net of taxes 192 — 59 — (5,585 ) (5,335 ) Net earnings (loss) (4,979 ) (16 ) 7 102,200 (102,124 ) (4,912 ) Less net earnings (loss) attributable to noncontrolling interests — — — 7 59 66 Net earnings (loss) attributable to the Company (4,979 ) (16 ) 7 102,192 (102,184 ) (4,979 ) Other comprehensive income 2,681 — (1,022 ) 2,280 (1,258 ) 2,681 Comprehensive income (loss) attributable to the Company $ (2,297 ) $ (16 ) $ (1,015 ) $ 104,472 $ (103,441 ) $ (2,297 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 2018 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 34,972 $ — $ — $ 164,691 $ (110,723 ) $ 88,940 GE Capital revenues from services — 917 1,038 9,531 (3,414 ) 8,072 Total revenues 34,972 917 1,038 174,222 (114,136 ) 97,012 Interest and other financial charges 1,728 911 2,560 2,459 (2,893 ) 4,766 Other costs and expenses 47,471 — 1 186,262 (118,180 ) 115,554 Total costs and expenses 49,199 911 2,561 188,721 (121,073 ) 120,320 Other income 3,910 — — 29,268 (30,857 ) 2,321 Equity in earnings (loss) of affiliates (11,404 ) — 1,554 240,036 (230,186 ) — Earnings (loss) from continuing operations before income taxes (21,721 ) 6 31 254,803 (254,106 ) (20,987 ) Benefit (provision) for income taxes 1,092 5 — (2,381 ) 1,191 (93 ) Earnings (loss) from continuing operations (20,629 ) 11 31 252,422 (252,915 ) (21,080 ) Earnings (loss) from discontinued operations, net of taxes (1,726 ) — (39 ) — 401 (1,363 ) Net earnings (loss) (22,355 ) 11 (8 ) 252,422 (252,514 ) (22,443 ) Less net earnings (loss) attributable to noncontrolling interests — — — (204 ) 116 (89 ) Net earnings (loss) attributable to the Company (22,355 ) 11 (8 ) 252,627 (252,629 ) (22,355 ) Other comprehensive income (10 ) — (82 ) (2,840 ) 2,922 (10 ) Comprehensive income (loss) attributable to the Company $ (22,364 ) $ 11 $ (90 ) $ 249,786 $ (249,707 ) $ (22,364 ) CONDENSED CONSOLIDATING STATEMENT OF EARNINGS (LOSS) AND COMPREHENSIVE INCOME (LOSS) FOR THE YEAR ENDED DECEMBER 31, 2017 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Sales of goods and services $ 35,551 $ — $ — $ 161,172 $ (104,782 ) $ 91,942 GE Capital revenues from services — 703 800 9,888 (4,053 ) 7,337 Total revenues 35,551 703 800 171,060 (108,835 ) 99,279 Interest and other financial charges 1,644 652 2,006 3,343 (2,990 ) 4,655 Other costs and expenses 38,765 — 18 177,223 (107,954 ) 108,052 Total costs and expenses 40,409 653 2,023 180,566 (110,943 ) 112,707 Other income (959 ) — — 75,291 (72,249 ) 2,083 Equity in earnings (loss) of affiliates 553 — 1,938 109,521 (112,012 ) — Earnings (loss) from continuing operations before income taxes (5,263 ) 50 714 175,307 (182,152 ) (11,345 ) Benefit (provision) for income taxes (2,896 ) (5 ) 115 5,877 (282 ) 2,808 Earnings (loss) from continuing operations (8,159 ) 45 829 181,184 (182,435 ) (8,536 ) Earnings (loss) from discontinued operations, net of taxes (325 ) — 41 4 (32 ) (312 ) Net earnings (loss) (8,484 ) 45 870 181,187 (182,467 ) (8,849 ) Less net earnings (loss) attributable to noncontrolling interests — — — (137 ) (228 ) (365 ) Net earnings (loss) attributable to the Company (8,484 ) 45 870 181,324 (182,239 ) (8,484 ) Other comprehensive income 4,184 — 567 (7,552 ) 6,985 4,184 Comprehensive income (loss) attributable to the Company $ (4,300 ) $ 45 $ 1,436 $ 173,773 $ (175,254 ) $ (4,300 )
Condensed Consolidating Statement of Financial Position	CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2019 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash, cash equivalents and restricted cash $ 10,591 $ — $ — $ 26,438 $ (636 ) $ 36,394 Receivables - net 47,170 17,726 230 61,026 (99,104 ) 27,047 Investment in subsidiaries 147,397 — 40,408 421,613 (609,418 ) — All other assets 28,377 236 — 291,995 (118,000 ) 202,607 Total assets $ 233,535 $ 17,961 $ 40,638 $ 801,071 $ (827,158 ) $ 266,048 Short-term borrowings $ 135,172 $ — $ 2,981 $ 9,712 $ (125,792 ) $ 22,072 Long-term and non-recourse borrowings 40,660 16,771 24,417 34,262 (47,301 ) 68,809 All other liabilities 66,808 161 70 146,972 (68,705 ) 145,306 Total liabilities 242,640 16,932 27,468 190,946 (241,799 ) 236,187 Total liabilities and equity $ 233,535 $ 17,961 $ 40,638 $ 801,071 $ (827,158 ) $ 266,048 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 30,466 17,467 2,792 69,268 (90,504 ) 29,488 Investment in subsidiaries 176,239 — 45,832 733,535 (955,605 ) — All other assets 29,615 12 — 359,063 (138,230 ) 250,460 Total assets $ 245,881 $ 17,479 $ 48,623 $ 1,187,841 $ (1,188,751 ) $ 311,072 Short-term borrowings $ 150,426 $ — $ 9,854 $ 9,649 $ (157,153 ) $ 12,776 Long-term and non-recourse borrowings 59,800 16,115 24,341 41,066 (50,498 ) 90,824 All other liabilities 43,872 336 245 153,160 (41,622 ) 155,992 Total liabilities 254,098 16,452 34,439 203,875 (249,273 ) 259,591 Total liabilities and equity $ 245,881 $ 17,479 $ 48,623 $ 1,187,841 $ (1,188,751 ) $ 311,072
Condensed Consolidating Statement of Cash Flows	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2019 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ 5,526 $ 137 $ (1,685 ) $ 33,515 $ (28,721 ) $ 8,772 Cash from (used for) investing activities 32,210 (137 ) 6,223 400,190 (429,548 ) 8,939 Cash from (used for) financing activities (36,706 ) — (4,538 ) (436,933 ) 462,045 (16,133 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — (50 ) — (50 ) Increase (decrease) in cash, cash equivalents and restricted cash 1,030 — — (3,277 ) 3,776 1,529 Cash, cash equivalents and restricted cash at beginning of year 9,561 — — 30,399 (4,412 ) 35,548 Cash, cash equivalents and restricted cash at end of year 10,591 — — 27,121 (636 ) 37,077 Less cash, cash equivalents and restricted cash of discontinued operations at end of year — — — 638 — 638 Cash, cash equivalents and restricted cash of continuing operations at end of year $ 10,591 $ — $ — $ 26,484 $ (636 ) $ 36,439 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $(1,282) million . CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2018 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ 42,950 $ (387 ) $ 34,361 $ 328,029 $ (399,976 ) $ 4,978 Cash from (used for) investing activities 1,292 457 27,415 (297,621 ) 286,736 18,280 Cash from (used for) financing activities (38,154 ) (70 ) (61,779 ) (48,782 ) 116,979 (31,807 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — (628 ) — (628 ) Increase (decrease) in cash, cash equivalents and restricted cash 6,089 — (3 ) (19,002 ) 3,739 (9,176 ) Cash, cash equivalents and restricted cash at beginning of year 3,472 — 3 49,400 (8,151 ) 44,724 Cash, cash equivalents and restricted cash at end of year 9,561 — — 30,399 (4,412 ) 35,548 Less cash, cash equivalents and restricted cash of discontinued operations at end of year — — — 4,424 — 4,424 Cash, cash equivalents and restricted cash of continuing operations at end of year $ 9,561 $ — $ — $ 25,975 $ (4,412 ) $ 31,124 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $1,991 million . CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2017 (In millions) Parent Company Guarantor Subsidiary Issuer Subsidiary Guarantor Non- Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash from (used for) operating activities(a) $ (29,441 ) $ 52 $ 4,305 $ 149,385 $ (117,747 ) $ 6,554 Cash from (used for) investing activities (4,432 ) (52 ) (1,871 ) (222,298 ) 234,032 5,379 Cash from (used for) financing activities 34,616 — (2,473 ) 70,782 (121,410 ) (18,484 ) Effect of currency exchange rate changes on cash, cash equivalents and restricted cash — — — 891 — 891 Increase (decrease) in cash, cash equivalents and restricted cash 743 — (39 ) (1,239 ) (5,125 ) (5,659 ) Cash, cash equivalents and restricted cash at beginning of year 2,729 — 41 50,640 (3,026 ) 50,384 Cash, cash equivalents and restricted cash at end of year 3,472 — 3 49,400 (8,151 ) 44,724 Less cash, cash equivalents and restricted cash of discontinued operations at end of year — — — 7,901 — 7,901 Cash, cash equivalents and restricted cash of continuing operations at end of year $ 3,472 $ — $ 3 $ 41,499 $ (8,151 ) $ 36,823 (a) Parent Company Guarantor cash flows included cash from (used for) operating activities of discontinued operations of $239 million .

BAKER HUGHES SUMMARIZED FINAN_2

BAKER HUGHES SUMMARIZED FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]
Associated Companies Summarized Financial Information	Summarized financial information of Baker Hughes from the date of deconsolidation is as follows. From September 16 to December 31, 2019 (In millions) Revenues $ 7,751 Gross Profit 1,558 Net income (loss) 120 Net income (loss) attributable to the entity 60 December 31, 2019 (In millions) Current $ 15,222 Noncurrent 38,147 Total assets $ 53,369 Current $ 10,014 Noncurrent 8,857 Total liabilities $ 18,871 Noncontrolling interests $ 12,570

QUARTERLY INFORMATION (UNAUDI_2

QUARTERLY INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Information	First quarter Second quarter Third quarter Fourth quarter (In millions; per-share amounts in dollars) 2019 2018 2019 2018 2019 2018 2019 2018 Consolidated operations Earnings (loss) from continuing operations $ 983 $ 446 $ (115 ) $ 791 $ (1,290 ) $ (23,014 ) $ 845 $ 697 Earnings (loss) from discontinued operations 2,663 (1,559 ) 219 (122 ) (8,093 ) 155 (123 ) 163 Net earnings (loss) 3,645 (1,113 ) 104 669 (9,383 ) (22,859 ) 721 860 Less net earnings (loss) attributable to noncontrolling interests 57 34 (23 ) (132 ) 40 (90 ) (7 ) 99 Net earnings (loss) attributable to the Company $ 3,588 $ (1,147 ) $ 127 $ 800 $ (9,423 ) $ (22,769 ) $ 728 $ 761 Per-share amounts – earnings (loss) from continuing operations Diluted earnings (loss) per share $ 0.10 $ 0.03 $ (0.03 ) $ 0.08 $ (0.15 ) $ (2.64 ) $ 0.07 $ 0.06 Basic earnings (loss) per share 0.10 0.03 (0.03 ) 0.08 (0.15 ) (2.64 ) 0.08 0.06 Per-share amounts – earnings (loss) from discontinued operations Diluted earnings (loss) per share 0.30 (0.17 ) 0.03 (0.01 ) (0.93 ) 0.02 (0.02 ) 0.01 Basic earnings (loss) per share 0.30 (0.17 ) 0.03 (0.01 ) (0.93 ) 0.02 (0.01 ) 0.01 Per-share amounts – net earnings (loss) Diluted earnings (loss) per share 0.40 (0.14 ) (0.01 ) 0.07 (1.08 ) (2.62 ) 0.06 0.07 Basic earnings (loss) per share 0.41 (0.14 ) (0.01 ) 0.07 (1.08 ) (2.62 ) 0.06 0.07 Dividends declared 0.01 0.12 0.01 0.12 0.01 0.12 0.01 0.01 Selected data GE Sales of goods and services $ 20,324 $ 21,138 $ 21,416 $ 22,190 $ 21,519 $ 21,273 $ 24,460 $ 24,437 Gross profit from sales 4,494 4,879 4,500 5,100 4,660 3,924 5,780 4,261 GE Capital Total revenues 2,227 2,173 2,321 2,429 2,097 2,473 2,096 2,476 Earnings (loss) from continuing operations attributable to the Company 175 (179 ) 99 (22 ) (603 ) 58 259 101

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Revenues from Sale of Services (Details)	12 Months Ended
	Dec. 31, 2019
Satisfied Over Time
Revenue from External Customer [Line Items]
Performance obligation, description of timing	5 to 25 years

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Collaborative Arrangements (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenue from External Customer [Line Items]
Cost of goods and services	$ 70,029	$ 72,818
Services
Revenue from External Customer [Line Items]
Cost of goods and services	21,622	22,574	$ 23,110
Goods
Revenue from External Customer [Line Items]
Cost of goods and services	48,406	50,244	52,483
Collaborative Arrangement | Services
Revenue from External Customer [Line Items]
Cost of goods and services	1,939	1,809	1,884
Collaborative Arrangement | Goods
Revenue from External Customer [Line Items]
Cost of goods and services	$ 2,974	$ 3,097	$ 2,806

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Restricted cash	$ 589	$ 388

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Accounting Changes (Details) - USD ($) $ in Millions	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings	$ 87,732		$ 93,109
Operating lease assets	2,896
Operating lease liabilities	$ 3,162
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings		$ 315
Operating lease assets		3,272
Operating lease liabilities		$ 3,459

BUSINESSES HELD FOR SALE AND _3

BUSINESSES HELD FOR SALE AND 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	Dec. 31, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Feb. 28, 2019	Nov. 13, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain (loss) on disposal							$ (5,183)	$ 4	$ 306
Assets of businesses held for sale						$ 9,149	9,149	1,629
Liabilities of businesses held for sale						1,658	1,658	708
Goodwill						26,734	26,734	33,974	58,821
Assets planned to be disposed of											$ 20,000
Gain (loss) on disposals, net of taxes							(5,675)	3	128
Capital
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Goodwill						839	839	904	984
Power
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Goodwill						145	145	139	20,855
Baker Hughes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain (loss) on disposal							(8,715)	0	0
Gain (loss) on disposals, net of taxes							(8,238)	0	0
Transportation and Other
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain (loss) on disposal							3,471	0	0
Gain (loss) on disposals, net of taxes							2,508	0	$ 0
Disposed of by Sale | Energy Financial Services | Capital
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from disposal of business							2,011
Pre-tax gain (loss) on disposal							288
Held for Sale, Not Discontinued Operation | PK AirFinance
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from disposal of business						3,575
Pre-tax gain (loss) on disposal						50
Assets of businesses held for sale						241	241
Cash, cash equivalents and restricted cash held for sale						45	45
Liabilities of businesses held for sale						52	52
Held for Sale, Not Discontinued Operation | Power, Aviation, and Healthcare Businesses Held for Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Increase (decrease) in valuation allowance						254	254
Held for Sale, Not Discontinued Operation | Power, Aviation, and Healthcare Businesses Held for Sale | Power
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain (loss) on disposal							214
Total consideration						1,070	1,070
Increase (decrease) in valuation allowance						(548)	(548)
Held for Sale, Not Discontinued Operation | BioPharma Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets of businesses held for sale						8,742	8,742
Liabilities of businesses held for sale						1,372	1,372
Total consideration										$ 21,400
Held for Sale, Disposed of by Sale | BioPharma Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Goodwill						5,549	5,549
Discontinued Operations | Baker Hughes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain (loss) on disposal			$ (8,715)
Gain (loss) on disposals, net of taxes			$ (8,238)
Discontinued Operations | Transportation and Other
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain (loss) on disposal		$ 3,471
Gain (loss) on disposals, net of taxes		2,508
Net after-tax decrease in additional paid in capital in connection with spin-off		$ 852
Spin-off (as a percentage)		49.40%
Tax on decrease in additional paid in capital		$ 940
Current taxes on decrease in additional paid in capital		$ 860
GE Capital Exit Plan | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Intercompany tax receivables						839	839	1,141
BHGE LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership interest, equity method (as a percentage)			36.80%
Initial fair value of investment			$ 9,587
Share price (in dollars per share)			$ 23.53
Fair value of promissory note receivable			$ 706
BHGE LLC | Discontinued Operations | Baker Hughes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from disposal of business			$ 3,037
Shares sold			144.1
Ownership interest (as a percentage)	50.20%
Ownership interest, equity method (as a percentage)			36.80%
GE Capital
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets of businesses held for sale						241	241	0
Liabilities of businesses held for sale						52	52	0
Goodwill						839	839	$ 904
Wabtec
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Share price (in dollars per share)		$ 73.45
Fair value of the Class A Shares in BHGE issued to Baker Hughes shareholders		$ 3,513
Wabtec | Discontinued Operations | Transportation and Other
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from disposal of business		$ 2,827
Ownership interest, equity method (as a percentage)		24.90%
Additional cash consideration for tax benefits (up to)		$ 470
Investee
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales to related party						312
Purchases from related party						105
Proceeds related to separation						1,016
Dividend received						68
Baker Hughes Promissory Note | Promissory Note | Investee
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds related to separation						494
Common Stock | Wabtec | Discontinued Operations | Transportation and Other
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership interest, equity method (as a percentage)		24.30%
Potential 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
Discontinued Operations | GE Capital
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net interest benefits				$ 46
Discontinued Operations | GE Capital
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Tax benefits				332
Net interest benefits				$ 46
Aeroderivative Joint Venture
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets net of liabilities						$ 613	$ 613
U.S. Federal | Discontinued Operations | Transportation and Other
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Tax on decrease in additional paid in capital		$ 693

INVESTMENT SECURITIES - Schedul

INVESTMENT SECURITIES - Schedule of Investment Securities (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Gross unrealized gains	$ 5,736	$ 2,792
Gross unrealized losses	(31)	(561)
Equity securities	10,025	107
Amortized cost	42,816	31,277
Estimated fair value	48,521	33,508
U.S. corporate
Debt Securities, Available-for-sale [Line Items]
Amortized cost	23,037	21,306
Gross unrealized gains	4,636	2,257
Gross unrealized losses	(11)	(357)
Estimated fair value	27,661	23,206
Non-U.S. corporate
Debt Securities, Available-for-sale [Line Items]
Amortized cost	2,161	1,906
Gross unrealized gains	260	53
Gross unrealized losses	(1)	(76)
Estimated fair value	2,420	1,883
State and municipal
Debt Securities, Available-for-sale [Line Items]
Amortized cost	3,086	3,320
Gross unrealized gains	598	367
Gross unrealized losses	(15)	(54)
Estimated fair value	3,669	3,633
Mortgage and asset-backed
Debt Securities, Available-for-sale [Line Items]
Amortized cost	3,117	3,325
Gross unrealized gains	116	51
Gross unrealized losses	(4)	(54)
Estimated fair value	3,229	3,322
Government and agencies
Debt Securities, Available-for-sale [Line Items]
Amortized cost	1,391	1,314
Gross unrealized gains	126	62
Gross unrealized losses	0	(20)
Estimated fair value	$ 1,516	$ 1,357

BUSINESSES HELD FOR SALE AND _4

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Financial Information for Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Assets
Assets of discontinued operations	$ 4,109	$ 63,853
Liabilities
Liabilities of discontinued operations	203	19,281
Discontinued Operations
Assets
Cash, cash equivalents and restricted cash	638	4,424
Investment securities	202	522
Current receivables	81	6,258
Inventories	0	5,419
Financing receivables held for sale	2,485	2,745
Property, plant, and equipment – net and Operating leases	0	7,139
Goodwill and Other intangible assets - net	0	31,622
Deferred income taxes	264	1,174
All other assets	439	4,550
Assets of discontinued operations	4,109	63,853
Liabilities
Accounts payable & Progress collections and deferred income	40	6,806
All other liabilities	163	12,476
Liabilities of discontinued operations	203	19,281
Held for Sale, Not Discontinued Operation
Assets
Current receivables	499	184
Inventories	712	529
Financing receivables held for sale	197	0
Property, plant, and equipment – net and Operating leases	958	423
Goodwill and Other intangible assets - net	6,286	884
Valuation allowance	(719)	(1,013)
Deferred income taxes	815	0
All other assets	400	622
Assets of discontinued operations	9,149	1,629
Liabilities
Accounts payable & Progress collections and deferred income	843	428
Non-current compensation and benefits	466	152
All other liabilities	349	128
Liabilities of discontinued operations	$ 1,658	708
Baker Hughes | Discontinued Operations
Assets
Assets of discontinued operations		54,596
Liabilities
Liabilities of discontinued operations		15,535
Transportation and Other | Discontinued Operations
Assets
Assets of discontinued operations		4,573
Liabilities
Liabilities of discontinued operations		$ 1,871

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale [Line Items]
Equity securities	$ 10,025	$ 107
Net unrealized gains (losses) recorded to earnings	800	(8)
Proceeds from investment securities sales and early redemptions by issuers	7,967	3,222	$ 3,240
Debt and equity securities, realized gain	115	249	243
Debt and equity securities, realized losses	(203)	(41)	$ (24)
Gross unrealized losses, less than 12 months	(11)	(310)
Gross unrealized losses, 12 months or more	(20)	(251)
Estimated fair value, less than 12 months	724	7,048
Estimated fair value, 12 months or more	274	3,856
Equity securities without readily determinable fair values	517	$ 542
Baker Hughes
Debt Securities, Available-for-sale [Line Items]
Equity securities	9,888
Net unrealized gains (losses) recorded to earnings	793
Wabtec | Disposed of by Sale
Debt Securities, Available-for-sale [Line Items]
Debt and equity securities, realized losses	$ (132)

BUSINESSES HELD FOR SALE AND _5

BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Financial Information for Discontinued Operations (Details) - USD ($) $ in Millions	Feb. 25, 2019	Sep. 30, 2019	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Operations
Total revenues and other income (loss)											$ 16,598	$ 26,757	$ 21,115
GE Capital revenues and other income (loss)											33	(1,347)	174
Cost of goods and services sold											(13,795)	(22,007)	(17,441)
Other costs and expenses											(2,650)	(4,360)	(4,386)
Earnings (loss) of discontinued operations before income taxes											186	(958)	(538)
Benefit (provision) for income taxes											153	(408)	97
Earnings (loss) from discontinued operations, net of taxes											339	(1,366)	(441)
Disposals
Gain (loss) on disposals before income taxes											(5,183)	4	306
Benefit (provision) for income taxes											(491)	(1)	(178)
Gain (loss) on disposals, net of taxes											(5,675)	3	128
Earnings (loss) from discontinued operations, net of taxes			$ (123)	$ (8,093)	$ 219	$ 2,663	$ 163	$ 155	$ (122)	$ (1,559)	(5,335)	(1,363)	(312)
Earnings (loss) of discontinued operations attributable to the Company after income taxes											279	(1,367)	(360)
GE Capital
Disposals
Earnings (loss) from discontinued operations, net of taxes											192	(1,670)	(312)
Discontinued Operations | GE Capital
Disposals
Current tax benefit (provision) for discontinued operations and disposals											1,260	(508)	(704)
Deferred tax benefit (provision)											(1,599)	99	624
Discontinued Operations | GE Capital | U.S. Federal
Disposals
Current tax benefit (provision) for discontinued operations and disposals											1,252	156	(313)
Baker Hughes
Operations
Total revenues and other income (loss)											16,047	22,859	17,180
GE Capital revenues and other income (loss)											0	0	0
Cost of goods and services sold											(13,317)	(19,198)	(14,450)
Other costs and expenses											(2,390)	(3,346)	(2,993)
Earnings (loss) of discontinued operations before income taxes											340	315	(264)
Benefit (provision) for income taxes											(176)	(347)	(59)
Earnings (loss) from discontinued operations, net of taxes											165	(33)	(323)
Disposals
Gain (loss) on disposals before income taxes											(8,715)	0	0
Benefit (provision) for income taxes											477	0	0
Gain (loss) on disposals, net of taxes											(8,238)	0	0
Earnings (loss) from discontinued operations, net of taxes											(8,074)	(33)	(323)
Baker Hughes | Discontinued Operations
Disposals
Gain (loss) on disposals before income taxes		$ (8,715)
Gain (loss) on disposals, net of taxes		$ (8,238)
Transportation and Other
Operations
Total revenues and other income (loss)											550	3,898	3,935
GE Capital revenues and other income (loss)											0	0	0
Cost of goods and services sold											(478)	(2,809)	(2,990)
Other costs and expenses											(19)	(607)	(483)
Earnings (loss) of discontinued operations before income taxes											53	482	461
Benefit (provision) for income taxes											(15)	(143)	(138)
Earnings (loss) from discontinued operations, net of taxes											39	339	323
Disposals
Gain (loss) on disposals before income taxes											3,471	0	0
Benefit (provision) for income taxes											(963)	0	0
Gain (loss) on disposals, net of taxes											2,508	0	0
Earnings (loss) from discontinued operations, net of taxes											2,547	339	323
Transportation and Other | Discontinued Operations
Disposals
Gain (loss) on disposals before income taxes	$ 3,471
Gain (loss) on disposals, net of taxes	$ 2,508
GE Capital
Operations
Total revenues and other income (loss)											0	0	0
GE Capital revenues and other income (loss)											33	(1,347)	174
Cost of goods and services sold											0	0	0
Other costs and expenses											(240)	(407)	(910)
Earnings (loss) of discontinued operations before income taxes											(207)	(1,755)	(735)
Benefit (provision) for income taxes											344	82	295
Earnings (loss) from discontinued operations, net of taxes											136	(1,673)	(440)
Disposals
Gain (loss) on disposals before income taxes											61	4	306
Benefit (provision) for income taxes											(5)	(1)	(178)
Gain (loss) on disposals, net of taxes											56	3	128
Earnings (loss) from discontinued operations, net of taxes											$ 192	$ (1,670)	$ (312)

INVESTMENT SECURITIES - Contrac

INVESTMENT SECURITIES - Contractual Maturities (Details) $ in Millions	Dec. 31, 2019USD ($)
Amortized cost
Within one year	$ 514
After one year through five years	2,615
After five years through ten years	6,614
After ten years	19,932
Estimated fair value
Within one year	527
After one year through five years	2,766
After five years through ten years	7,599
After ten years	$ 24,374

CURRENT AND LONG-TERM RECEIVA_3

CURRENT AND LONG-TERM RECEIVABLES - Schedule of Current Receivables (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		$ 12,594	$ 10,742
Sundry receivables		5,049	4,573
Allowance for losses		(874)	(670)
Total current receivables		16,769	14,645
DPP balance		421	468
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		9,507	6,355
Sundry receivables		5,247	4,569
Allowance for losses		(872)	(662)
Total current receivables	[1]	13,883	10,262
Operating segments | Power
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		4,689	4,652
Operating segments | Power | GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		3,289	2,270
Operating segments | Renewable Energy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		2,306	1,938
Operating segments | Renewable Energy | GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		1,749	1,475
Operating segments | Aviation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		3,249	1,483
Operating segments | Aviation | GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		2,867	1,145
Operating segments | Healthcare
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		2,105	2,431
Operating segments | Healthcare | GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		1,379	1,260
Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		246	238
Corporate | GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		223	$ 205
Boeing | Operating segments | Aviation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables		$ 1,397
[1]	Represents the adding together of all GE Industrial affiliates and GE Capital continuing operations 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	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impact on CFOA	$ 2,099	$ 3,401	$ 138
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of receivables sold	51.00%	66.00%
Financing costs recognized	$ 515	$ 616

CURRENT AND LONG-TERM RECEIVA_5

CURRENT AND LONG-TERM RECEIVABLES - Sales of GE Current Customer Receivables (Details) - GE - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Current Receivables | GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	$ 4,386	$ 9,656
GE sales	40,988	50,318
GE Capital sales to third parties	(28,073)	(30,904)
Collections and other	(14,621)	(25,414)
Reclassification from long-term customer receivables	407	731
Balance at end of period	3,087	4,386
Current Receivables | Third Parties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	7,880	5,710
GE sales	6,370	5,481
GE Capital sales to third parties	28,073	30,904
Collections and other	(35,567)	(34,216)
Reclassification from long-term customer receivables	0	0
Balance at end of period	6,757	7,880
Current Receivables with Recourse | GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	1,380
Balance at end of period	$ 539	$ 1,380

CURRENT AND LONG-TERM RECEIVA_6

CURRENT AND LONG-TERM RECEIVABLES - Schedule of Long-term Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Long-term customer receivables average remaining duration	3 years
Long-term customer receivables	$ 906	$ 1,442
Long-term sundry receivables	1,504	1,180
Allowance for losses	(128)	(145)
Total long-term receivables	2,282	2,477
GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Long-term customer receivables	506	559
Long-term sundry receivables	1,834	1,519
Allowance for losses	(128)	(145)
Total long-term receivables	$ 2,212	$ 1,933

CURRENT AND LONG-TERM RECEIVA_7

CURRENT AND LONG-TERM RECEIVABLES - Sales of GE Long-Term Receivables, Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Noncurrent Receivables | GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impact on CFOA	$ 585	$ 878	$ 250

CURRENT AND LONG-TERM RECEIVA_8

CURRENT AND LONG-TERM RECEIVABLES - Sales of GE Long-term Receivables (Details) - GE Capital - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 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	134
Sales, collections, accretion and other	(75)	(468)
Reclassification to current customer receivables	(407)	(731)
Balance at end of period	400	883
Noncurrent Receivables with Recourse | GE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	628
Balance at end of period	$ 312	$ 628

CURRENT AND LONG-TERM RECEIVA_9

CURRENT AND LONG-TERM RECEIVABLES - Unconsolidated Receivables Facilities (Details)	12 Months Ended
	Dec. 31, 2019USD ($)receivable_facility	Dec. 31, 2018USD ($)
GE Capital
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of receivables facility | receivable_facility	2
Facility program size	$ 4,300,000,000
Third Parties | GE | Current Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables sold to receivables facilities	21,695,000,000	$ 23,984,000,000
Total cash purchase price for customer receivables	21,202,000,000	18,040,000,000
Cash collections re-invested to purchase customer receivables	18,012,000,000	15,095,000,000
Non-cash increases to deferred purchase price	257,000,000	5,272,000,000
Cash payments received on deferred purchase price	$ 303,000,000	$ 5,192,000,000

CURRENT AND LONG-TERM RECEIV_10

CURRENT AND LONG-TERM RECEIVABLES - Consolidated Securitization Entities (Details) - Consolidated VIEs $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)entity	Dec. 31, 2018USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets	$ 2,663	$ 2,321
Liabilities	$ 1,137	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	$ 2,080	2,141
GE Capital | Receivables | Noncurrent Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Assets	375	678
GE Capital | Debt | Debt Facilities
Accounts, Notes, Loans and Financing Receivable [Line Items]
Liabilities	$ 1,655	$ 1,875

FINANCING RECEIVABLES AND ALL_3

FINANCING RECEIVABLES AND ALLOWANCES - Financing Receivables, Net (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – net	$ 3,134	$ 7,699
Financing receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – gross	3,168	7,757
Allowance for losses	(33)	(58)
Financing receivables – net	3,134	7,699
Financing receivables | Loans, net of deferred income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – gross	1,098	5,118
Financing receivables | Investment in financing leases, net of deferred income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – gross	2,070	2,639
GE Capital | Financing receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – gross	6,996	13,656
Allowance for losses	(17)	(28)
Financing receivables – net	6,979	13,628
GE Capital | Financing receivables | Loans, net of deferred income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – gross	4,927	10,834
GE Capital | Financing receivables | Investment in financing leases, net of deferred income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables – gross	$ 2,070	$ 2,822

FINANCING RECEIVABLES AND ALL_4

FINANCING RECEIVABLES AND ALLOWANCES - Net Investment in Financing Leases (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Total Financing Leases
Total minimum lease payments receivable	$ 1,628	$ 2,719
Less principal and interest on third-party non-recourse debt	(216)	(474)
Net minimum lease payments receivable	1,412	2,245
Less deferred income	(178)	(329)
Discounted lease receivable	1,234	1,916
Estimated unguaranteed residual value of leased assets, net of deferred income	835	906
Investment in financing leases, net of defered income	2,070	2,822
Direct financing and sales type leases
Total minimum lease payments receivable	799
Total minimum lease payments receivable		1,421
Less deferred income	(139)
Less deferred income		(286)
Discounted lease receivable	660
Discounted lease receivable		1,135
Estimated unguaranteed residual value of leased assets, net of deferred income	412
Estimated unguaranteed residual value of leased assets, net of deferred income		420
Investment in financing leases, net of deferred income	1,072
Investment in financing leases, net of deferred income		1,556
Leveraged leases
Total minimum lease payments receivable	829	1,298
Less principal and interest on third-party non-recourse debt	(216)	(474)
Net minimum lease payments receivable	613	824
Less deferred income	(39)	(43)
Discounted lease receivable	574	781
Estimated unguaranteed residual value of leased assets, net of deferred income	423	486
Investment in financing leases, net of deferred income	997	1,266
Investment in sales type leases	$ 506	$ 399

FINANCING RECEIVABLES AND ALL_5

FINANCING RECEIVABLES AND ALLOWANCES - Contractual Maturities (Details) $ in Millions	Dec. 31, 2019USD ($)
Total loans
Due in
2020	$ 3,832
2021	511
2022	238
2023	113
2024	93
Thereafter	140
Total	4,927
Net minimum lease payments receivable
Due in
2020	303
2021	270
2022	194
2023	281
2024	198
Thereafter	166
Total	$ 1,412

FINANCING RECEIVABLES AND ALL_6

FINANCING RECEIVABLES AND ALLOWANCES - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Lease Income	$ 173	$ 275	$ 274
Affiliated Entity | Financing receivables portfolio
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, over 30 days past due (as a percent)	4.20%	2.40%
Financing receivables, over 90 days past due (as a percent)	2.90%	1.80%
Financing receivables, nonaccrual status (as a percent)	6.10%	0.90%

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Raw materials and work in process	$ 8,771	$ 8,057
Finished goods	5,333	5,746
Total inventories	$ 14,104	$ 13,803

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Schedule of Property, Plant and Equipment and Depreciable Lives (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Original Cost	$ 75,187	$ 75,618
Net Carrying Value	43,290	43,611
Eliminations
Property, Plant and Equipment [Line Items]
Original Cost	(972)	(909)
Net Carrying Value	(729)	(728)
GE | Reportable Legal Entities
Property, Plant and Equipment [Line Items]
Original Cost	30,680	31,225
Net Carrying Value	$ 14,370	14,828
GE | Reportable Legal Entities | Land and improvements
Property, Plant and Equipment [Line Items]
Depreciable lives	8 years
Original Cost	$ 608	700
Net Carrying Value	596	673
GE | Reportable Legal Entities | Buildings, structures and related equipment
Property, Plant and Equipment [Line Items]
Original Cost	7,824	8,455
Net Carrying Value	$ 3,875	4,083
GE | Reportable Legal Entities | Buildings, structures and related equipment | Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	8 years
GE | Reportable Legal Entities | Buildings, structures and related equipment | Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	40 years
GE | Reportable Legal Entities | Machinery and equipment
Property, Plant and Equipment [Line Items]
Original Cost	$ 20,082	19,425
Net Carrying Value	$ 8,360	8,048
GE | Reportable Legal Entities | Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	4 years
GE | Reportable Legal Entities | Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	20 years
GE | Reportable Legal Entities | Leasehold costs and manufacturing plant under construction
Property, Plant and Equipment [Line Items]
Original Cost	$ 2,165	2,646
Net Carrying Value	$ 1,539	2,024
GE | Reportable Legal Entities | Leasehold costs and manufacturing plant under construction | Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	1 year
GE | Reportable Legal Entities | Leasehold costs and manufacturing plant under construction | Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	10 years
GE Capital
Property, Plant and Equipment [Line Items]
Net Carrying Value	$ 29,649	29,510
GE Capital | Reportable Legal Entities
Property, Plant and Equipment [Line Items]
Original Cost	45,480	45,302
Net Carrying Value	29,649	29,510
GE Capital | Reportable Legal Entities | Land and improvements, buildings, structures and related equipment
Property, Plant and Equipment [Line Items]
Original Cost	149	153
Net Carrying Value	$ 29	32
GE Capital | Reportable Legal Entities | Land and improvements, buildings, structures and related equipment | Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	1 year
GE Capital | Reportable Legal Entities | Land and improvements, buildings, structures and related equipment | Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	40 years
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Aircraft
Property, Plant and Equipment [Line Items]
Original Cost	$ 35,507	36,476
Net Carrying Value	$ 21,414	22,201
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Aircraft | Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	15 years
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Aircraft | Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	20 years
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Engines
Property, Plant and Equipment [Line Items]
Original Cost	$ 4,113	3,234
Net Carrying Value	$ 3,283	2,489
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Engines | Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	15 years
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Engines | Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	20 years
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Helicopters
Property, Plant and Equipment [Line Items]
Original Cost	$ 5,474	5,230
Net Carrying Value	$ 4,709	4,660
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Helicopters | Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	15 years
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Helicopters | Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	20 years
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Other
Property, Plant and Equipment [Line Items]
Original Cost	$ 237	209
Net Carrying Value	$ 214	128
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Other | Minimum
Property, Plant and Equipment [Line Items]
Depreciable lives	15 years
GE Capital | Reportable Legal Entities | Equipment Leased to Other Party, Other | Maximum
Property, Plant and Equipment [Line Items]
Depreciable lives	35 years
GE | GE Capital | Equipment leased to others (ELTO)
Property, Plant and Equipment [Line Items]
Original Cost	$ 1,539	1,397
Accumulated amortization	$ (251)	$ (241)

PROPERTY, PLANT AND EQUIPMENT_4

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Depreciation and amortization related to property, plant and equipment	$ 4,026	$ 4,419	$ 4,332
Operating lease income	3,804	4,075	4,144
Fixed lease income	3,045	3,243	3,395
Variable lease income	759	832	748
Operating lease assets	2,896
Operating lease liabilities	$ 3,162
Remaining lease terms	12 years
GE Capital
Property, Plant and Equipment [Line Items]
Operating lease assets	$ 237
Operating lease liabilities	238
GE | Equipment leased to others (ELTO) | GE Capital
Property, Plant and Equipment [Line Items]
Depreciation and amortization related to property, plant and equipment	$ 2,019	$ 2,089	$ 2,190

PROPERTY, PLANT AND EQUIPMENT_5

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Schedule of Noncancellable Future Rentals Due (Details) $ in Millions	Dec. 31, 2019USD ($)
Due in
2020	$ 2,982
2021	2,625
2022	2,258
2023	1,820
2024	1,647
Thereafter	5,652
Total	$ 16,985

PROPERTY, PLANT AND EQUIPMENT_6

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Operating Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Long-term (fixed)	$ 834	$ 966	$ 1,003
Long-term (variable)	136	177	231
Short-term	206	133	131
Total operating lease expense	$ 1,176	$ 1,276	$ 1,365

PROPERTY, PLANT AND EQUIPMENT_7

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Maturity of Lease Liabilities (Details) $ in Millions	Dec. 31, 2019USD ($)
Property, Plant and Equipment [Abstract]
2020	$ 766
2021	655
2022	561
2023	465
2024	375
Thereafter	914
Total undiscounted lease payments	3,737
Less: imputed interest	(575)
Operating lease liabilities	$ 3,162

PROPERTY, PLANT AND EQUIPMENT_8

PROPERTY, PLANT AND EQUIPMENT AND OPERATING LEASES - Supplemental Information Related to Operating Leases (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Property, Plant and Equipment [Abstract]
Operating cash flows used for operating leases for the year ended December 31, 2019	$ 888
Right-of-use assets obtained in exchange for new lease liabilities for the year ended December 31, 2019	$ 746
Weighted-average remaining lease term at December 31, 2019	6 years 10 months 24 days
Weighted-average discount rate at December 31, 2019	4.90%

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Changes in Goodwill Balances (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill
Balance at beginning of period	$ 33,974	$ 58,821
Dispositions and classifications to held for sale	(5,597)	(2,020)
Impairments	(1,486)	(22,136)	$ (2,550)
Currency exchange and other	(157)	(691)
Balance at end of period	26,734	33,974	58,821
Power
Goodwill
Balance at beginning of period	139	20,855
Dispositions and classifications to held for sale	0	(1,903)
Impairments	0	(18,443)
Currency exchange and other	6	(369)
Balance at end of period	145	139	20,855
Renewable Energy
Goodwill
Balance at beginning of period	4,730	7,626
Dispositions and classifications to held for sale	0	(3)
Impairments	(1,486)	(2,859)
Currency exchange and other	46	(35)
Balance at end of period	3,290	4,730	7,626
Aviation
Goodwill
Balance at beginning of period	9,839	10,008
Dispositions and classifications to held for sale	0	(12)
Impairments	0	0
Currency exchange and other	20	(158)
Balance at end of period	9,859	9,839	10,008
Healthcare
Goodwill
Balance at beginning of period	17,226	17,306
Dispositions and classifications to held for sale	(5,558)	(21)
Impairments	0	0
Currency exchange and other	59	(58)
Balance at end of period	11,728	17,226	17,306
Capital
Goodwill
Balance at beginning of period	904	984
Dispositions and classifications to held for sale	(39)	0
Impairments	0	0
Currency exchange and other	(26)	(80)
Balance at end of period	839	904	984
Corporate
Goodwill
Balance at beginning of period	1,136	2,042
Dispositions and classifications to held for sale	0	(81)
Impairments	0	(833)
Currency exchange and other	(262)	9
Balance at end of period	$ 873	$ 1,136	$ 2,042

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill [Line Items]
Goodwill impairments			$ 1,486,000,000	$ 22,136,000,000	$ 2,550,000,000
Goodwill			26,734,000,000	33,974,000,000	58,821,000,000
Intangible assets subject to amortization			10,653,000,000	12,178,000,000
Amortization of intangible assets			1,569,000,000	2,163,000,000	1,862,000,000
Gross carrying value			$ 664,000,000
Weighted-average amortizable period (in years)			5 years 4 months 24 days
Corporate
Goodwill [Line Items]
Goodwill transfers		$ 874,000,000
Power Generation, Grid Solutions, and Hydro
Goodwill [Line Items]
Goodwill impairments				22,136,000,000
Hydro
Goodwill [Line Items]
Goodwill impairments	$ 742,000,000
Goodwill			$ 0
Additive
Goodwill [Line Items]
Goodwill			1,116,000,000
Capital
Goodwill [Line Items]
Goodwill			839,000,000
Grid Solutions equipment and services
Goodwill [Line Items]
Goodwill impairments		744,000,000
Power
Goodwill [Line Items]
Goodwill impairments			0	18,443,000,000
Goodwill			145,000,000	139,000,000	20,855,000,000
Non-cash impairment charge of intangibles			103,000,000	428,000,000
Power | Operating segments
Goodwill [Line Items]
Goodwill transfers		(1,618,000,000)
Renewable Energy
Goodwill [Line Items]
Goodwill impairments			1,486,000,000	2,859,000,000
Goodwill			3,290,000,000	4,730,000,000	7,626,000,000
Renewable Energy | Operating segments
Goodwill [Line Items]
Goodwill transfers		$ 744,000,000
Healthcare
Goodwill [Line Items]
Goodwill impairments			0	0
Goodwill			11,728,000,000	$ 17,226,000,000	$ 17,306,000,000
Capitalized software
Goodwill [Line Items]
Gross carrying value			$ 555,000,000
Weighted-average amortizable period (in years)			5 years 2 months 12 days
Discontinued Operations, Held-for-sale | BioPharma Business | Healthcare
Goodwill [Line Items]
Intangible assets subject to amortization			$ 542,000,000

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Intangible Assets Subject to Amortization (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 21,510	$ 23,041
Accumulated amortization	(10,857)	(10,865)
Net	10,653	12,178
Customer-related
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	6,770	7,107
Accumulated amortization	(3,070)	(2,768)
Net	3,701	4,341
Patents and technology
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	8,180	9,166
Accumulated amortization	(3,730)	(3,973)
Net	4,450	5,192
Capitalized software
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	5,822	5,951
Accumulated amortization	(3,651)	(3,643)
Net	2,171	2,308
Trademarks & other
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	737	818
Accumulated amortization	(406)	(481)
Net	$ 332	$ 337

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLE ASSETS - Estimated 5 Year Amortization (Details) $ in Millions	Dec. 31, 2019USD ($)
Estimated annual pre-tax amortization
2020	$ 1,358
2021	1,274
2022	1,173
2023	1,081
2024	$ 1,107

CONTRACT AND OTHER DEFERRED A_3

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Contractors [Abstract]
Revenue recognized included in contract liability	$ 11,020	$ 14,960
Segment Reporting Information [Line Items]
Decrease in contract and other deferred assets	629
Aviation and Renewable Energy Segments
Segment Reporting Information [Line Items]
Progress collections and deferred income increased	1,456
Long-term service agreements | Services Revenues
Segment Reporting Information [Line Items]
Net unfavorable change in estimated profitability	(11,508)
Revenues recognized for contract	11,082
Long-term service agreements | Aviation | Services Revenues
Segment Reporting Information [Line Items]
Net unfavorable change in estimated profitability	(49)
Long-term service agreements | Power | Services Revenues
Segment Reporting Information [Line Items]
Net unfavorable change in estimated profitability	$ (124)

CONTRACT AND OTHER DEFERRED A_4

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME - Schedule of Contract Assets (Details) - GE - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Power
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billings in excess of revenues	$ (49)	$ (112)
Aviation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billings in excess of revenues	(1,528)	(1,338)
Renewable Energy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billings in excess of revenues	(284)	(260)
Healthcare
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billings in excess of revenues	(1,647)	(1,692)
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billings in excess of revenues	(98)	(79)
Operating segments
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billings in excess of revenues	(3,606)	(3,480)
Total contract assets	10,011	10,880
Deferred inventory costs	3,267	3,309
Nonrecurring engineering costs	2,391	2,095
Customer advances and other	1,133	1,146
Contract and other deferred assets	16,801	17,431
Operating segments | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings	10,338	10,780
Billings in excess of revenues	(5,280)	(4,989)
Operating segments | Equipment contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	4,236	4,400
Operating segments | Power
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	6,478	6,603
Deferred inventory costs	943	1,003
Nonrecurring engineering costs	44	43
Customer advances and other	0	0
Contract and other deferred assets	7,465	7,650
Operating segments | Power | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings	5,342	5,368
Billings in excess of revenues	(1,561)	(1,693)
Operating segments | Power | Equipment contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	2,508	2,761
Operating segments | Aviation
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	1,675	2,468
Deferred inventory costs	287	673
Nonrecurring engineering costs	2,257	1,916
Customer advances and other	1,165	1,146
Contract and other deferred assets	5,384	6,204
Operating segments | Aviation | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings	4,996	5,412
Billings in excess of revenues	(3,719)	(3,297)
Operating segments | Aviation | Equipment contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	82	80
Operating segments | Aviation | Products and services, incremental fees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billings in excess of revenues	(256)	(223)
Customer advances and other	986	950
Operating segments | Renewable Energy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	1,260	1,174
Deferred inventory costs	1,677	1,267
Nonrecurring engineering costs	47	85
Customer advances and other	0	0
Contract and other deferred assets	2,985	2,525
Operating segments | Renewable Energy | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings	0	0
Billings in excess of revenues	0	0
Operating segments | Renewable Energy | Equipment contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	1,217	1,174
Operating segments | Healthcare
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	492	571
Deferred inventory costs	359	360
Nonrecurring engineering costs	35	34
Customer advances and other	0	0
Contract and other deferred assets	886	966
Operating segments | Healthcare | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings	0	0
Billings in excess of revenues	0	0
Operating segments | Healthcare | Equipment contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	324	320
Operating segments | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	106	64
Deferred inventory costs	0	5
Nonrecurring engineering costs	8	17
Customer advances and other	(32)	0
Contract and other deferred assets	82	87
Operating segments | Other | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues in excess of billings	0	0
Billings in excess of revenues	0	0
Operating segments | Other | Equipment contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	106	64
Long-term service agreements | Operating segments | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	5,058	5,790
Long-term service agreements | Operating segments | Power
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	909	886
Long-term service agreements | Operating segments | Power | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	3,781	3,675
Long-term service agreements | Operating segments | Aviation | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	1,278	2,115
Long-term service agreements | Operating segments | Aviation | Products and services, higher usage-based fees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Billings in excess of revenues	(308)	(310)
Total contract assets	1,712	1,562
Long-term service agreements | Operating segments | Renewable Energy | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	0	0
Long-term service agreements | Operating segments | Healthcare | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	0	0
Long-term service agreements | Operating segments | Other | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	0	0
Short-term duration contracts | Operating segments | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	717	690
Short-term duration contracts | Operating segments | Power | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	190	167
Short-term duration contracts | Operating segments | Aviation | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	316	272
Short-term duration contracts | Operating segments | Renewable Energy | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	43	0
Short-term duration contracts | Operating segments | Healthcare | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	169	251
Short-term duration contracts | Operating segments | Other | Services Revenues
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total contract assets	$ 0	$ 0

CONTRACT AND OTHER DEFERRED A_5

CONTRACT AND OTHER DEFERRED ASSETS & PROGRESS COLLECTIONS AND DEFERRED INCOME - Progress Collections and Deferred Income (Details) - GE - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Power
Capitalized Contract Cost [Line Items]
Progress collections	$ 6,270	$ 6,227
Deferred income	49	112
GE Progress collections and deferred income	6,319	6,339
Power | Equipment contract
Capitalized Contract Cost [Line Items]
Progress collections	5,857	5,536
Power | Other
Capitalized Contract Cost [Line Items]
Progress collections	413	691
Aviation
Capitalized Contract Cost [Line Items]
Progress collections	4,863	4,148
Deferred income	1,528	1,338
GE Progress collections and deferred income	6,391	5,486
Finance discounts associated with customer advances	564	533
Aviation | Equipment contract
Capitalized Contract Cost [Line Items]
Progress collections	115	114
Aviation | Other
Capitalized Contract Cost [Line Items]
Progress collections	4,748	4,034
Renewable Energy
Capitalized Contract Cost [Line Items]
Progress collections	5,461	4,883
Deferred income	284	260
GE Progress collections and deferred income	5,745	5,143
Renewable Energy | Equipment contract
Capitalized Contract Cost [Line Items]
Progress collections	1,268	1,325
Renewable Energy | Other
Capitalized Contract Cost [Line Items]
Progress collections	4,193	3,557
Healthcare
Capitalized Contract Cost [Line Items]
Progress collections	305	299
Deferred income	1,647	1,692
GE Progress collections and deferred income	1,952	1,991
Healthcare | Equipment contract
Capitalized Contract Cost [Line Items]
Progress collections	0	0
Healthcare | Other
Capitalized Contract Cost [Line Items]
Progress collections	305	299
Other
Capitalized Contract Cost [Line Items]
Progress collections	189	201
Deferred income	98	79
GE Progress collections and deferred income	287	280
Other | Equipment contract
Capitalized Contract Cost [Line Items]
Progress collections	0	0
Other | Other
Capitalized Contract Cost [Line Items]
Progress collections	189	201
Operating segments
Capitalized Contract Cost [Line Items]
Progress collections	17,089	15,758
Deferred income	3,606	3,480
GE Progress collections and deferred income	20,694	19,239
Operating segments | Equipment contract
Capitalized Contract Cost [Line Items]
Progress collections	7,240	6,975
Operating segments | Other
Capitalized Contract Cost [Line Items]
Progress collections	$ 9,849	$ 8,783

ALL OTHER ASSETS (Details)

ALL OTHER ASSETS (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Entity Information [Line Items]
Long-term receivables	$ 2,282	$ 2,477
Derivative instruments	740	205
Total Consolidated	16,461	18,357
Eliminations
Entity Information [Line Items]
Total Consolidated	586	90
GE | Reportable Legal Entities
Entity Information [Line Items]
Equity method and other investments	4,015	4,003
Long-term receivables	2,212	1,933
Prepaid expenses	1,480	1,763
Derivative instruments	211	30
Other	481	849
Total Consolidated	8,399	8,578
GE Capital | Reportable Legal Entities
Entity Information [Line Items]
Equity method and other investments	2,227	3,097
Prepaid expenses	2,934	3,086
Assets held for sale	2,294	2,762
Derivative instruments	529	175
Other	664	748
Total Consolidated	$ 8,648	$ 9,869

BORROWINGS - Schedule of Borrow

BORROWINGS - Schedule of Borrowings (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Short-term borrowings
Amount	$ 22,072	$ 12,776
Eliminations	(3,140)	(4,262)
Long-term borrowings
Amount	67,155	88,949
Eliminations	(17,038)	(19,892)
Total borrowings	90,882	103,599
GE
Short-term borrowings
Amount	11,079	9,354
Long-term borrowings
Amount	40,980	52,858
GE | Senior notes
Long-term borrowings
Amount	$ 14,762	$ 20,387
Average Rate	2.11%	2.28%
GE | Senior notes assumed by GE
Long-term borrowings
Amount	$ 23,024	$ 29,218
Average Rate	4.17%	4.30%
GE | Subordinated notes assumed by GE
Long-term borrowings
Amount	$ 2,871	$ 2,836
Average Rate	3.68%	3.64%
GE | Other
Long-term borrowings
Amount	$ 324	$ 417
GE | Commercial paper
Short-term borrowings
Amount	$ 3,008	$ 3,005
Average Rate	1.62%	1.64%
GE | Current portion of long-term borrowings
Short-term borrowings
Amount	$ 766	$ 60
Average Rate	0.36%	4.02%
GE | Current portion of long-term borrowings assumed by GE
Short-term borrowings
Amount	$ 5,473	$ 4,207
Average Rate	3.71%	3.76%
GE | Other
Short-term borrowings
Amount	$ 1,832	$ 2,081
GE Capital
Short-term borrowings
Amount	14,134	7,684
Long-term borrowings
Amount	43,213	55,982
GE Capital | Senior notes
Long-term borrowings
Amount	$ 25,371	$ 35,105
Average Rate	3.66%	3.49%
GE Capital | Subordinated notes assumed by GE
Long-term borrowings
Amount	$ 178	$ 165
GE Capital | Intercompany payable to GE
Long-term borrowings
Amount	17,038	19,828
GE Capital | Other
Long-term borrowings
Amount	626	885
GE Capital | Non-recourse borrowings of consolidated securitization entities
Long-term borrowings
Amount	$ 1,655	$ 1,875
Non-recourse borrowings of consolidated securitization entities, Average Rate	1.34%	2.05%
GE Capital | Current portion of long-term borrowings
Short-term borrowings
Amount	$ 11,226	$ 3,984
Average Rate	3.01%	2.00%
GE Capital | Intercompany payable to GE
Short-term borrowings
Amount	$ 2,104	$ 2,684
GE Capital | Other
Short-term borrowings
Amount	$ 804	$ 1,015

BORROWINGS - Narrative (Details

BORROWINGS - Narrative (Details) € in Millions, $ in Millions	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)	Sep. 30, 2019EUR (€)	Dec. 31, 2018USD ($)
GE Capital | Guaranteed Debt
Debt Instrument [Line Items]
Debt assumed		$ 34,683
GE Capital Exit Plan | GE Capital
Debt Instrument [Line Items]
Borrowings		31,368
Short-term borrowings		5,473
Long-term borrowings		25,895
GE Capital
Debt Instrument [Line Items]
Receivable from related parties		19,142
GE
Debt Instrument [Line Items]
Borrowings		32,917
GE | Intercompany Loan | GE Capital
Debt Instrument [Line Items]
Borrowings		12,226
Short-term borrowings		3,369
Long-term borrowings		8,857
Repayment of maturing intercompany loans		1,523
GE-issued borrowings | GE
Debt Instrument [Line Items]
Borrowings		20,691
Non-recourse borrowings of consolidated securitization entities | GE Capital
Debt Instrument [Line Items]
Short-term borrowings		$ 1,569		$ 225
Senior notes | Senior Notes Repurchased
Debt Instrument [Line Items]
Borrowings	$ 4,787
Tender offer to purchase aggregate principal amount	4,846
Debt repurchase amount	5,031
Loss on purchase of debt	255
Accrued fees and other costs	12
Senior notes | Senior Unsecured Notes due 2044
Debt Instrument [Line Items]
Tender offer to purchase aggregate principal amount	$ 1,250
Debt interest rate	4.50%		4.50%
Senior notes | Senior Unsecured Notes due 2042
Debt Instrument [Line Items]
Tender offer to purchase aggregate principal amount	$ 1,144
Debt interest rate	4.125%		4.125%
Senior notes | Senior Unsecured Notes due 2037
Debt Instrument [Line Items]
Tender offer to purchase aggregate principal amount	$ 1,101		€ 992
Debt interest rate	2.125%		2.125%
Senior notes | Senior Unsecured Notes due 2029
Debt Instrument [Line Items]
Tender offer to purchase aggregate principal amount	$ 870		€ 784
Debt interest rate	1.50%		1.50%
Senior notes | Senior Unsecured Notes due 2027
Debt Instrument [Line Items]
Tender offer to purchase aggregate principal amount	$ 415		€ 374
Debt interest rate	1.875%		1.875%
Senior notes | Senior Unsecured Notes due 2023
Debt Instrument [Line Items]
Tender offer to purchase aggregate principal amount	$ 66		€ 59
Debt interest rate	1.25%		1.25%

BORROWINGS - Maturities of Borr

BORROWINGS - Maturities of Borrowings (Details) $ in Millions	Dec. 31, 2019USD ($)
Other Debt
Debt Instrument [Line Items]
Fixed and floating rate notes	$ 443
GE | Excluding Assumed Debt
Debt Instrument [Line Items]
2020	766
2021	47
2022	4,994
2023	1,360
2024	773
GE | Debt Assumed by GE
Debt Instrument [Line Items]
2020	5,473
2021	4,685
2022	1,954
2023	2,842
2024	918
GE | Intercompany Loan
Debt Instrument [Line Items]
2020	3,369
2021	442
2022	0
2023	0
2024	528
GE Capital | Other Debt
Debt Instrument [Line Items]
2020	11,226
2021	1,930
2022	2,215
2023	2,418
2024	$ 117

INSURANCE LIABILITIES AND ANN_3

INSURANCE LIABILITIES AND ANNUITY BENEFITS - Schedule of Investment Contracts, Insurance Liabilities and Insurance Annuity Benefits (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Liability for Claims and Claims Adjustment Expense [Line Items]
Future policy benefit reserves	$ 32,104	$ 27,940
Claim reserves	5,615	5,324
Investment contracts	2,191	2,388
Unearned premiums and other	322	342
Future policy benefit reserves, investment contracts, claim reserves and unearned premiums and other	40,232	35,994
Eliminations	(406)	(432)
Total	39,826	35,562
Other adjustment	5,655	2,247
Long-term care insurance contracts
Liability for Claims and Claims Adjustment Expense [Line Items]
Future policy benefit reserves	16,755	16,029
Claim reserves	4,238	3,917
Investment contracts	0	0
Unearned premiums and other	30	34
Future policy benefit reserves, investment contracts, claim reserves and unearned premiums and other	21,023	19,980
Total	21,023	19,980
Structured settlement annuities & life insurance contracts
Liability for Claims and Claims Adjustment Expense [Line Items]
Future policy benefit reserves	9,511	9,495
Claim reserves	252	230
Investment contracts	1,136	1,239
Unearned premiums and other	196	205
Future policy benefit reserves, investment contracts, claim reserves and unearned premiums and other	11,095	11,169
Total	11,095	11,169
Other contracts
Liability for Claims and Claims Adjustment Expense [Line Items]
Future policy benefit reserves	183	169
Claim reserves	1,125	1,178
Investment contracts	1,055	1,149
Unearned premiums and other	96	103
Future policy benefit reserves, investment contracts, claim reserves and unearned premiums and other	2,459	2,599
Eliminations	(406)	(432)
Total	2,053	2,167
Short-term duration contracts | Other contracts
Liability for Claims and Claims Adjustment Expense [Line Items]
Claim reserves	$ 342	$ 346

INSURANCE LIABILITIES AND ANN_4

INSURANCE LIABILITIES AND ANNUITY BENEFITS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended				12 Months Ended			69 Months Ended
	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2024
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Premium deficiency		$ 972
Increase in future policy benefit reserves					$ 1,344
Estimated discount rate					5.74%	6.04%
Claims incurred					$ 1,873	$ 2,106	$ 2,020
Prior year claims					(36)	(46)	135
Paid claims					1,626	1,937	1,670
Reinsurance recoverables, allowances					1,355	1,090
Reinsurance recoverables, net of allowances					2,416	2,271
Reinsurance recoveries					$ 362	324	$ 454
Expected capital contributions						$ 14,500
Statutory capital levels to maintain					300.00%
Long-term Care Insurance
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Increase in future policy benefit reserves					$ 300
Change in future policy benefit reserves related to premium rate increases					263
Implemented rate increase actions					200
Anticipated future premium increases or benefit reductions					$ 2,000
GE Capital
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Capital contributions to insurance subsidiaries			$ 1,900	$ 3,500
GE Capital | Subsequent Event
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Capital contributions to insurance subsidiaries	$ 2,000
GE Capital | Scenario, Forecast
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Line Items]
Capital contributions to insurance subsidiaries								$ 7,000

POSTRETIREMENT BENEFIT PLANS -

POSTRETIREMENT BENEFIT PLANS - Pension Benefits and Retiree Health and Life Benefits (Details)	1 Months Ended	3 Months Ended	12 Months Ended
	Dec. 31, 2019USD ($)category	Dec. 31, 2019USD ($)category	Dec. 31, 2019USD ($)employeecategoryparticipantplan	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Oct. 31, 2019employee	Oct. 01, 2019USD ($)
Defined Benefit Plan Disclosure [Line Items]
Number of categories | category	3	3	3
Actuarial gain (loss)			$ (837,000,000)
Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Curtailment loss (gain)			349,000,000	$ 34,000,000	$ 64,000,000
Reduction of projected benefit obligation due to plan amendment			42,000,000	0
Net actuarial gain (loss)	$ 3,898,000,000	$ 3,898,000,000	3,898,000,000				$ (4,735,000,000)
Actuarial gain (loss)			$ (7,073,000,000)	6,263,000,000
Principal pension plans | GE Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Number of retirees and beneficiaries covered | participant			245,500
Number of vested former employees | participant			97,000
Number of active employees | participant			31,500
Frozen benefit plan, number of salaried employees | employee						20,000
Curtailment loss (gain)		$ 298,000,000
Former U.S. employees offered lump sum distribution option | employee						100,000
Lump sum distributions	$ 2,657,000,000
Principal pension plans | GE Supplementary Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Frozen benefit plan, number of executive employees | employee						700
Reduction of projected benefit obligation due to plan amendment			$ 297,000,000
Other pension plans
Defined Benefit Plan Disclosure [Line Items]
Assets or obligations of U.S. and non-U.S. pension plans (greater than)			$ 50,000,000
Number of retirees and beneficiaries covered | participant			57,000
Number of vested former employees | employee			54,000
Number of active employees | participant			22,000
Number of U.S. and non-U.S. pension plans | plan			44
Curtailment loss (gain)			$ 13,000,000	1,000,000	24,000,000
Reduction of projected benefit obligation due to plan amendment			17,000,000	(82,000,000)
Actuarial gain (loss)			$ (2,422,000,000)	879,000,000
Principal retiree benefit
Defined Benefit Plan Disclosure [Line Items]
Number of retirees and beneficiaries covered | participant			176,000
Curtailment loss (gain)			$ (38,000,000)	0	$ 4,000,000
Reduction of projected benefit obligation due to plan amendment			23,000,000	0
Actuarial gain (loss)			$ (275,000,000)	$ 593,000,000

POSTRETIREMENT BENEFIT PLANS _2

POSTRETIREMENT BENEFIT PLANS - Cost of Benefits Plans and Assumptions (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2019
Principal pension plans
Components of expense (income)
Service cost for benefits earned		$ 654	$ 888	$ 1,055
Interest cost on benefit obligations		2,780	2,658	2,856
Expected return on plan assets		(3,428)	(3,248)	(3,390)
Prior service cost (credit) amortization		135	143	290
Net actuarial loss amortization		3,439	3,785	2,812
Curtailment loss (gain)		349	34	64
Non-operating		3,275	3,372	2,632
Net periodic expense (income)		3,929	4,260	3,687
Other pension plans
Components of expense (income)
Service cost for benefits earned		246	323	542
Interest cost on benefit obligations		542	548	561
Expected return on plan assets		(1,144)	(1,285)	(1,176)
Prior service cost (credit) amortization		3	(9)	(5)
Net actuarial loss amortization		319	312	418
Curtailment loss (gain)		13	1	24
Non-operating		(267)	(433)	(178)
Net periodic expense (income)		(21)	(110)	364
Principal retiree benefit
Components of expense (income)
Service cost for benefits earned		58	63	94
Interest cost on benefit obligations		202	196	224
Expected return on plan assets		(21)	(29)	(36)
Prior service cost (credit) amortization		(232)	(230)	(171)
Net actuarial loss amortization		(118)	(79)	(80)
Curtailment loss (gain)		(38)	0	4
Non-operating		(207)	(142)	(59)
Net periodic expense (income)		$ (149)	$ (79)	$ 35
Weighted-average assumptions used to determine benefit obligations
Discount rate	3.24%	3.24%			4.34%
Weighted-average assumptions used to determine benefit cost
Ultimate health care cost trend rate	5.00%	5.00%
Weighted average | Principal pension plans
Weighted-average assumptions used to determine benefit obligations
Discount rate	3.36%	3.36%	4.34%	3.64%
Compensation increases	2.95%	2.95%	3.60%	3.55%
Weighted-average assumptions used to determine benefit cost
Discount rate		4.07%	3.64%	4.11%
Expected return on assets		6.75%	6.75%	7.50%
Weighted average | Other pension plans
Weighted-average assumptions used to determine benefit obligations
Discount rate	1.97%	1.97%	2.75%	2.41%
Compensation increases	3.16%	3.16%	3.16%	3.09%
Weighted-average assumptions used to determine benefit cost
Discount rate		2.75%	2.41%	2.55%
Expected return on assets		6.76%	6.75%	6.75%
Weighted average | Principal retiree benefit
Weighted-average assumptions used to determine benefit obligations
Discount rate	3.05%	3.05%	4.12%	3.43%
Compensation increases	3.75%	3.75%	3.60%	3.55%
Initial healthcare trend rate	5.90%	5.90%	6.00%	6.00%
Weighted-average assumptions used to determine benefit cost
Discount rate		4.12%	3.43%	3.75%
Expected return on assets		7.00%	7.00%	7.00%
GE Pension Plan | Principal pension plans
Components of expense (income)
Curtailment loss (gain)	$ 298
Weighted-average assumptions used to determine benefit cost
Expected return on assets		6.75%	6.75%	7.50%

POSTRETIREMENT BENEFIT PLANS _3

POSTRETIREMENT BENEFIT PLANS - Plan Funded Status and Amounts Recorded in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan, Change in Benefit Obligation
Actuarial loss (gain)	$ 837
Change in plan assets
Funded status - Deficit	27,773	$ 26,836
Principal pension plans
Defined Benefit Plan, Change in Benefit Obligation
Beginning balance	68,500	74,985
Service cost for benefits earned	654	888	$ 1,055
Interest cost on benefit obligations	2,780	2,658	2,856
Participant contributions	77	90
Plan amendments	(42)	0
Actuarial loss (gain)	7,073	(6,263)
Benefits paid	(3,788)	(3,729)
Curtailments	(838)	0
Settlements	(2,657)	0
Acquisitions (dispositions) / other - net	(3)	(129)
Exchange rate adjustments	0	0
Ending balance	71,756	68,500	74,985
Change in plan assets
Balance at January 1	50,009	50,361
Actual gain (loss) on plan assets	8,694	(2,996)
Employer contributions	298	6,283
Participant contributions	77	90
Benefits paid	(3,788)	(3,729)
Settlements	(2,657)	0
Acquisitions (dispositions) / other - net	0	0
Exchange rate adjustments	0	0
Balance at December 31	52,633	50,009	50,361
Funded status - Deficit	19,123	18,491
Amounts recorded in the consolidated Statement of Financial Position
Non-current assets - other	0	0
Current liabilities - other	(296)	(280)
Non-current liabilities - compensation and benefits	(18,827)	(18,211)
Net amount recorded	(19,123)	(18,491)
Prior service cost (credit)	67	596
Actuarial loss (gain)	7,961	10,430
Total recorded in Accumulated other comprehensive income (loss)	8,028	11,026
Principal pension plans | GE Supplementary Pension Plan
Defined Benefit Plan, Change in Benefit Obligation
Beginning balance	6,110
Plan amendments	(297)
Ending balance	6,691	6,110
Other pension plans
Defined Benefit Plan, Change in Benefit Obligation
Beginning balance	21,091	23,066
Service cost for benefits earned	246	323	542
Interest cost on benefit obligations	542	548	561
Participant contributions	29	37
Plan amendments	(17)	82
Actuarial loss (gain)	2,422	(879)
Benefits paid	(1,043)	(1,002)
Curtailments	(32)	(11)
Settlements	0	0
Acquisitions (dispositions) / other - net	(1,030)	(90)
Exchange rate adjustments	713	(983)
Ending balance	22,921	21,091	23,066
Change in plan assets
Balance at January 1	17,537	19,306
Actual gain (loss) on plan assets	2,229	(245)
Employer contributions	716	475
Participant contributions	29	37
Benefits paid	(1,043)	(1,002)
Settlements	0	0
Acquisitions (dispositions) / other - net	(1,030)	(185)
Exchange rate adjustments	704	(849)
Balance at December 31	19,142	17,537	19,306
Funded status - Deficit	3,779	3,554
Amounts recorded in the consolidated Statement of Financial Position
Non-current assets - other	475	746
Current liabilities - other	(123)	(117)
Non-current liabilities - compensation and benefits	(4,131)	(4,183)
Net amount recorded	(3,779)	(3,554)
Prior service cost (credit)	(16)	7
Actuarial loss (gain)	4,665	3,740
Total recorded in Accumulated other comprehensive income (loss)	4,649	3,747
Principal retiree benefit
Defined Benefit Plan, Change in Benefit Obligation
Beginning balance	5,153	6,006
Service cost for benefits earned	58	63	94
Interest cost on benefit obligations	202	196	224
Participant contributions	61	60
Plan amendments	(23)	0
Actuarial loss (gain)	275	(593)
Benefits paid	(533)	(569)
Curtailments	(33)	0
Settlements	0	0
Acquisitions (dispositions) / other - net	0	(10)
Exchange rate adjustments	0	0
Ending balance	5,160	5,153	6,006
Change in plan assets
Balance at January 1	362	518
Actual gain (loss) on plan assets	57	(17)
Employer contributions	342	370
Participant contributions	61	60
Benefits paid	(533)	(569)
Settlements	0	0
Acquisitions (dispositions) / other - net	0	0
Exchange rate adjustments	0	0
Balance at December 31	289	362	$ 518
Funded status - Deficit	4,871	4,791
Amounts recorded in the consolidated Statement of Financial Position
Non-current assets - other	0	0
Current liabilities - other	(355)	(378)
Non-current liabilities - compensation and benefits	(4,516)	(4,413)
Net amount recorded	(4,871)	(4,791)
Prior service cost (credit)	(2,376)	(2,584)
Actuarial loss (gain)	(833)	(1,196)
Total recorded in Accumulated other comprehensive income (loss)	(3,209)	(3,780)
Principal retiree benefit | GE Supplementary Pension Plan
Change in plan assets
Employer contributions	360
Retiree health plans
Defined Benefit Plan, Change in Benefit Obligation
Beginning balance	3,425
Ending balance	3,306	3,425
Retirement plans not subject to regulatory funding requirements
Change in plan assets
Funded status - Deficit	$ (14,340)	$ 13,292

POSTRETIREMENT BENEFIT PLANS _4

POSTRETIREMENT BENEFIT PLANS - Composition of Plan Assets, Pension Plans (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 52,633	$ 50,009	$ 50,361
Principal pension plans | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	27,657	24,857
Principal pension plans | Global equity | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6,826	6,015
Principal pension plans | Global equity | Investments measured at net asset value (NAV)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	14,616	12,558
Principal pension plans | Fixed income and cash investment funds | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,398	2,069
Principal pension plans | U.S. corporate | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8,025	8,734
Principal pension plans | Other debt securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6,076	5,264
Principal pension plans | Debt securities | Investments measured at net asset value (NAV)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,744	6,400
Principal pension plans | Real estate | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,309	2,218
Principal pension plans | Real estate | Investments measured at net asset value (NAV)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,167	1,261
Principal pension plans | Private equities & other investments | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23	557
Principal pension plans | Private equities & other investments | Investments measured at net asset value (NAV)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5,449	4,933
Other pension plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	19,142	17,537	$ 19,306
Other pension plans | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12,954	12,056
Other pension plans | Global equity | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,484	4,323
Other pension plans | Global equity | Investments measured at net asset value (NAV)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,450	1,228
Other pension plans | Fixed income and cash investment funds | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8,089	6,320
Other pension plans | U.S. corporate | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	365	397
Other pension plans | Other debt securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	424	472
Other pension plans | Debt securities | Investments measured at net asset value (NAV)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	914	883
Other pension plans | Real estate | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	140	175
Other pension plans | Real estate | Investments measured at net asset value (NAV)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,930	1,704
Other pension plans | Private equities & other investments | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	452	369
Other pension plans | Private equities & other investments | Investments measured at net asset value (NAV)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 1,894	$ 1,666

POSTRETIREMENT BENEFIT PLANS _5

POSTRETIREMENT BENEFIT PLANS - Composition of Plan Assets, Pension Plans (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 52,633	$ 50,009	$ 50,361
Principal pension plans | GE Pension Plan | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,838	2,990
Other pension plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	19,142	17,537	19,306
Other pension plans | GE Pension Plan | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	105	116
Principal retiree benefit plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 289	$ 362	$ 518

POSTRETIREMENT BENEFIT PLANS _6

POSTRETIREMENT BENEFIT PLANS - Asset Allocation (Details)	Dec. 31, 2019
Principal pension plans | Global equity
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	41.00%
Principal pension plans | Global equity | Minimum
Defined Benefit Plan Disclosure [Line Items]
Target allocation	30.00%
Principal pension plans | Global equity | Maximum
Defined Benefit Plan Disclosure [Line Items]
Target allocation	47.00%
Principal pension plans | Debt securities (including cash equivalents)
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	42.00%
Principal pension plans | Debt securities (including cash equivalents) | Minimum
Defined Benefit Plan Disclosure [Line Items]
Target allocation	21.00%
Principal pension plans | Debt securities (including cash equivalents) | Maximum
Defined Benefit Plan Disclosure [Line Items]
Target allocation	65.00%
Principal pension plans | Real estate
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	7.00%
Principal pension plans | Real estate | Minimum
Defined Benefit Plan Disclosure [Line Items]
Target allocation	3.50%
Principal pension plans | Real estate | Maximum
Defined Benefit Plan Disclosure [Line Items]
Target allocation	13.50%
Principal pension plans | Private equities & other investments
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	10.00%
Principal pension plans | Private equities & other investments | Minimum
Defined Benefit Plan Disclosure [Line Items]
Target allocation	6.00%
Principal pension plans | Private equities & other investments | Maximum
Defined Benefit Plan Disclosure [Line Items]
Target allocation	16.00%
Other pension plans | Global equity
Defined Benefit Plan Disclosure [Line Items]
Target allocation	23.00%
Actual allocation	27.00%
Other pension plans | Debt securities (including cash equivalents)
Defined Benefit Plan Disclosure [Line Items]
Target allocation	55.00%
Actual allocation	51.00%
Other pension plans | Real estate
Defined Benefit Plan Disclosure [Line Items]
Target allocation	9.00%
Actual allocation	11.00%
Other pension plans | Private equities & other investments
Defined Benefit Plan Disclosure [Line Items]
Target allocation	13.00%
Actual allocation	11.00%

POSTRETIREMENT BENEFIT PLANS _7

POSTRETIREMENT BENEFIT PLANS - Asset Allocation (Narrative) (Details) - GE Pension Plan - Principal pension plans	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Sector concentration of assets (as a percent) (not exceeded)	15.00%
Qualifying employer securities (GE securities)
Defined Benefit Plan Disclosure [Line Items]
Plan assets (as a percent)	0.60%	0.50%

POSTRETIREMENT BENEFIT PLANS _8

POSTRETIREMENT BENEFIT PLANS - Funding Policy (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Oct. 31, 2019
Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 298	$ 6,283
Other pension plans
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	716	475
Principal retiree benefit
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	342	370
GE Pension Plan | Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Employer contributions		6,000
Minimum ERISA funding requirement		1,500
Voluntary contribution		$ 4,500
GE Supplementary Pension Plan | Principal pension plans
Defined Benefit Plan Disclosure [Line Items]
Expected employer contributions	305
GE Supplementary Pension Plan | Other pension plans
Defined Benefit Plan Disclosure [Line Items]
Expected employer contributions	500
GE Supplementary Pension Plan | Principal retiree benefit
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 360
Minimum | GE Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Expected employer contributions			$ 4,000
Maximum | GE Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Expected employer contributions			$ 5,000

POSTRETIREMENT BENEFIT PLANS _9

POSTRETIREMENT BENEFIT PLANS - Estimated Future Benefit Payments, Benefit Plans (Details) $ in Millions	Dec. 31, 2019USD ($)
Principal pension plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2020	$ 3,795
2021	3,875
2022	3,930
2023	3,965
2024	3,980
2025-2029	19,965
Other pension plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2020	1,030
2021	1,005
2022	1,015
2023	1,035
2024	1,050
2025-2029	5,550
Principal retiree benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2020	495
2021	475
2022	455
2023	435
2024	415
2025-2029	$ 1,775

POSTRETIREMENT BENEFIT PLANS_10

POSTRETIREMENT BENEFIT PLANS - Defined Contribution Plan (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Retirement Benefits [Abstract]
Employer contributions to defined contribution plan	$ 355	$ 410	$ 460

POSTRETIREMENT BENEFIT PLANS_11

POSTRETIREMENT BENEFIT PLANS - Cost of Postretirement Benefit Plans and Changes in Other Comprehensive Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Principal pension plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Cost of postretirement benefit plans	$ 3,929	$ 4,260	$ 3,687
Prior service cost (credit) – current year	(42)	0	0
Net actuarial loss (gain) – current year	971	(111)	474
Reclassification out of AOCI:
Net curtailment gain (loss)	(353)	(45)	(64)
Net actuarial gain (loss) amortization	(3,439)	(3,785)	(2,812)
Prior service credit (cost) amortization	(135)	(143)	(290)
Total changes in other comprehensive income	(2,998)	(4,084)	(2,692)
Cost of postretirement benefit plans and changes in other comprehensive income	931	176	995
Other pension plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Cost of postretirement benefit plans	(21)	(110)	364
Prior service cost (credit) – current year	(17)	82	0
Net actuarial loss (gain) – current year	1,252	464	(639)
Reclassification out of AOCI:
Net curtailment gain (loss)	(12)	(2)	(20)
Net actuarial gain (loss) amortization	(319)	(312)	(418)
Prior service credit (cost) amortization	(3)	9	5
Total changes in other comprehensive income	901	241	(1,072)
Cost of postretirement benefit plans and changes in other comprehensive income	880	131	(708)
Principal retiree benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Cost of postretirement benefit plans	(149)	(79)	35
Prior service cost (credit) – current year	(23)	0	(8)
Net actuarial loss (gain) – current year	240	(543)	(128)
Reclassification out of AOCI:
Net curtailment gain (loss)	4	0	(4)
Net actuarial gain (loss) amortization	118	79	80
Prior service credit (cost) amortization	232	230	171
Total changes in other comprehensive income	571	(234)	111
Cost of postretirement benefit plans and changes in other comprehensive income	$ 422	$ (313)	$ 146

CURRENT AND ALL OTHER LIABILI_3

CURRENT AND ALL OTHER LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Subsidiary or Equity Method Investee [Line Items]
Other current liabilities	$ 15,753	$ 14,866
Redeemable noncontrolling interests	439	378
All other liabilities	16,583	20,839
Total	32,336	35,705
Eliminations
Subsidiary or Equity Method Investee [Line Items]
Other current liabilities	(1,080)	(1,578)
All other liabilities	(1,244)	(1,605)
GE | Reportable Legal Entities
Subsidiary or Equity Method Investee [Line Items]
Sales allowances, equipment projects and other commercial liabilities	5,203	5,255
Product warranties (Note 23)	1,371	1,346
Employee compensation and benefit liabilities	5,114	5,138
Taxes payable	1,349	503
Environmental, health and safety liabilities (Note 23)	330	204
Due to GE Capital	1,080	1,578
Other	2,385	2,422
Other current liabilities	16,833	16,444
Sales allowances, equipment projects and other commercial liabilities	4,422	5,136
Product warranties (Note 23)	793	846
Uncertain tax positions and related liabilities	2,585	3,404
Alstom legacy legal matters	875	889
Environmental, health and safety liabilities	2,154	1,968
Redeemable noncontrolling interests	439	378
Derivative instruments	171	328
Other	1,349	1,931
All other liabilities	12,787	14,881
GE Capital
Subsidiary or Equity Method Investee [Line Items]
Other current liabilities	0	0
All other liabilities	5,040	7,562
GE Capital | Reportable Legal Entities
Subsidiary or Equity Method Investee [Line Items]
Aircraft maintenance reserve, sales deposits and other commercial liabilities	2,900	2,585
Interest payable	1,189	1,458
Uncertain tax positions and related liabilities	394	1,646
Derivative instruments	31	258
Other	525	1,615
All other liabilities	$ 5,040	$ 7,562

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) $ in Millions	1 Months Ended	12 Months Ended
	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)tax_returnjurisdiction	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Income Tax Contingency [Line Items]
Tax expense recorded resulting from the U.S. tax reform			$ 41	$ 4,512
Transition tax on historic foreign earnings				1,155
Revaluation of deferred taxes				3,357
Additional tax expense based on issuance of final regulations on transition tax on historic foreign earnings		$ 2
Number of income tax returns filed annually | tax_return		4,100
Number of taxing jurisdictions throughout the globe where we file tax returns on an annual basis | jurisdiction		300
Interest expense (income)		$ (93)	127	143
Tax expense (income) related to penalties		20	$ (7)	7
Undistributed earnings of foreign affiliates		40,000
GE
Income Tax Contingency [Line Items]
Transition tax on historic foreign earnings				2,925
Revaluation of deferred taxes				1,980
GE Capital
Income Tax Contingency [Line Items]
Transition tax on historic foreign earnings				(1,770)
Revaluation of deferred taxes				$ 1,377
Continuing Operations
Income Tax Contingency [Line Items]
Tax benefits	$ (378)
Net interest benefits	107
Continuing Operations | GE Capital
Income Tax Contingency [Line Items]
Tax benefits	(23)
Net interest benefits	9
Discontinued Operations | GE Capital
Income Tax Contingency [Line Items]
Tax benefits	(332)
Net interest benefits	46
GE | Continuing Operations
Income Tax Contingency [Line Items]
Tax benefits	(355)
Net interest benefits	$ 98
Her Majesty's Revenue and Customs (HMRC) | Foreign Tax Authority | GE Capital
Income Tax Contingency [Line Items]
Potential impact on disallowance of interest deductions		$ 1,000

INCOME TAXES - (Benefit) Provis

INCOME TAXES - (Benefit) Provision for Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Contingency [Line Items]
Current tax expense (benefit)	$ 1,831	$ 2,339	$ 1,397
Deferred tax expense (benefit) from temporary differences	(1,104)	(2,245)	(4,205)
Total consolidated	726	93	(2,808)
GE
Income Tax Contingency [Line Items]
Current tax expense (benefit)	2,551	1,743	2,405
Deferred tax expense (benefit) from temporary differences	(1,242)	(1,276)	1,088
Total consolidated	1,309	467	3,493
GE Capital
Income Tax Contingency [Line Items]
Current tax expense (benefit)	(720)	596	(1,008)
Deferred tax expense (benefit) from temporary differences	138	(970)	(5,294)
Total consolidated	$ (582)	$ (374)	$ (6,302)

INCOME TAXES - Consolidated Ear

INCOME TAXES - Consolidated Earnings (Loss) from Continuing Operations Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
U.S. earnings	$ 506	$ (9,861)	$ (17,918)
Non-U.S. earnings	643	(11,126)	6,573
Earnings (loss) from continuing operations before income taxes	$ 1,149	$ (20,987)	$ (11,345)

INCOME TAXES - Consolidated (Be

INCOME TAXES - Consolidated (Benefit) Provision for Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
U.S. Federal
Current	$ 146	$ 1,019	$ (734)
Deferred	(1,266)	(3,144)	(3,625)
Non - U.S.
Current	2,008	1,132	1,820
Deferred	106	1,197	(429)
Other	(267)	(111)	160
Total consolidated	$ 726	$ 93	$ (2,808)

INCOME TAXES - Income Taxes Pai

INCOME TAXES - Income Taxes Paid (Recovered) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Contingency [Line Items]
Income taxes paid (recovered)	$ 2,228	$ 1,868	$ 2,436
GE Capital
Income Tax Contingency [Line Items]
Income taxes paid (recovered)	45	65	(264)
GE
Income Tax Contingency [Line Items]
Income taxes paid (recovered)	$ 2,183	$ 1,803	$ 2,700

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of U.S. Federal Statutory Income Tax Rate to Actual Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Contingency [Line Items]
U.S. federal statutory income tax rate	21.00%	21.00%	35.00%
Increase (reduction) in rate resulting from inclusion of after-tax earnings of GE Capital in before-tax earnings of GE	0.00%	0.00%	0.00%
Tax on global activities including exports	91.00%	(5.00%)	30.30%
U.S. business credits	(22.50%)	2.60%	4.30%
Goodwill impairments	26.00%	(21.50%)	(7.80%)
Tax Cuts and Jobs Act enactment	0.002	(0.002)	(0.398)
All other – net	(52.50%)	2.70%	2.80%
Total income tax reconciliation items	42.20%	(21.40%)	(10.20%)
Actual income tax rate	63.20%	(0.40%)	24.80%
Reconciliation change related to deductible stock losses	(12.50%)	2.80%
Tax reconciliation related to disposition of the Water business			5.60%
Tax reconciliation related losses on planned dispositions			(3.10%)
Tax reconciliation related to resolution of IRS audit	(32.90%)
GE
Income Tax Contingency [Line Items]
U.S. federal statutory income tax rate	21.00%	21.00%	35.00%
Increase (reduction) in rate resulting from inclusion of after-tax earnings of GE Capital in before-tax earnings of GE	8.80%	(0.50%)	(43.20%)
Tax on global activities including exports	86.50%	(5.00%)	34.60%
U.S. business credits	(9.10%)	0.40%	1.50%
Goodwill impairments	23.50%	(21.40%)	(7.30%)
Tax Cuts and Jobs Act enactment	0.079	0.005	(0.896)
All other – net	(35.60%)	2.80%	5.20%
Total income tax reconciliation items	82.00%	(23.20%)	(98.80%)
Actual income tax rate	103.00%	(2.20%)	(63.80%)
Reconciliation change related to deductible stock losses	(11.30%)	2.80%
Tax reconciliation related to disposition of the Water business			11.70%
Tax reconciliation related losses on planned dispositions			(6.40%)
Tax reconciliation related to resolution of IRS audit	(27.90%)
GE Capital
Income Tax Contingency [Line Items]
U.S. federal statutory income tax rate	21.00%	21.00%	35.00%
Increase (reduction) in rate resulting from inclusion of after-tax earnings of GE Capital in before-tax earnings of GE	0.00%	0.00%	0.00%
Tax on global activities including exports	8.10%	3.20%	12.20%
U.S. business credits	21.90%	120.00%	3.20%
Goodwill impairments	0.00%	0.00%	(3.80%)
Tax Cuts and Jobs Act enactment	0.152	(0.365)	0.031
All other – net	23.10%	(8.00%)	0.20%
Total income tax reconciliation items	68.30%	78.70%	14.90%
Actual income tax rate	89.30%	99.70%	49.90%
Tax reconciliation related to resolution of IRS audit	3.50%

INCOME TAXES - Unrecognized Tax

INCOME TAXES - Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Unrecognized tax benefits	$ 4,169	$ 5,563	$ 5,449
Portion that, if recognized, would reduce tax expense and effective tax rate	2,701	4,265
Accrued interest on unrecognized tax benefits	722	934
Accrued penalties on unrecognized tax benefits	195	182
Minimum
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Portion that, if recognized, would reduce tax expense and effective tax rate	0	0
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months	0	0
Maximum
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Portion that, if recognized, would reduce tax expense and effective tax rate	650	1,200
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months	$ 700	$ 1,300

INCOME TAXES - Unrecognized T_2

INCOME TAXES - Unrecognized Tax Benefits Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns
Balance at beginning of period	$ 5,563	$ 5,449
Additions for tax positions of the current year	403	300
Additions for tax positions of prior years	500	945
Reductions for tax positions of prior years	(1,927)	(905)
Settlements with tax authorities	(155)	(64)
Expiration of the statute of limitations	(214)	(162)
Balance at end of period	4,169	$ 5,563
Discontinued Operations | Baker Hughes
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns
Reductions for tax positions of prior years	(442)
Tax Years 2012-2013 | Internal Revenue Service (IRS) | U.S. Federal
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns
Reductions for tax positions of prior years	$ (710)

INCOME TAXES - Components of Ne

INCOME TAXES - Components of Net Deferred Income Tax Assets (Liability) (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Income Tax Contingency [Line Items]
Assets	$ 17,931	$ 20,693
Liabilities	(8,042)	(8,576)
Net deferred income tax asset (liability)	9,889	12,117
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Non-U.S. loss carryforwards	1,876
U.S. credit carryforwards	859
U.S. Credit Carryforwards Expiring in Years Ending December 31, 2030 Through 2032
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
U.S. credit carryforwards	74
U.S. Credit Carryforwards Expiring in Various Years Ending December 31, 2036 Through December 31, 2039
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
U.S. credit carryforwards	785
Net Operating Loss Carryforwards Expiring in Various Years Ending from 2020 Through 2022
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Non-U.S. loss carryforwards	3
Net Operating Loss Carryforwards Expiring in Various Years Ending from 2023 Through 2039
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Non-U.S. loss carryforwards	193
Net Operating Loss Carryforwards That May be Carried Forward Indefinitely
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Non-U.S. loss carryforwards	1,680
Eliminations
Income Tax Contingency [Line Items]
Assets	0	4
GE
Income Tax Contingency [Line Items]
Assets	12,807	14,479
Net deferred income tax asset (liability)	8,189	10,176
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Principal pension plans	4,016	3,883
Other non-current compensation and benefits	2,206	2,431
Provision for expenses	1,990	2,208
Intangible assets	1,315	820
Retiree insurance plans	1,023	1,006
Non-U.S. loss carryforwards	602	1,362
U.S. credit carryforwards	74	74
Baker Hughes investment	(1,256)
Baker Hughes investment		721
Other – net	274	307
Contract assets	(1,232)	(1,781)
Depreciation	(823)	(855)
GE | Operating segments
Income Tax Contingency [Line Items]
Liabilities	(4,618)	(4,302)
GE Capital
Income Tax Contingency [Line Items]
Assets	5,124	6,214
Net deferred income tax asset (liability)	1,700	1,936
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Non-U.S. loss carryforwards	1,274	1,231
U.S. credit carryforwards	785	2,491
Insurance company loss reserves	1,715	1,386
Other – net	631	133
Intangible assets	(10)	(16)
Operating leases	(2,218)	(2,690)
Financing leases	(477)	(599)
GE Capital | Operating segments
Income Tax Contingency [Line Items]
Liabilities	(3,424)	(4,278)
Non-U.S. | GE | Valuation Allowance for Non-U.S. Loss Carryforwards
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Valuation allowances	4,801	3,799
Non-U.S. | GE Capital | Valuation Allowance for Non-U.S. Loss Carryforwards
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Valuation allowances	201	767
U.S. | GE | Valuation Allowance for Non-U.S. Loss Carryforwards
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Valuation allowances	1,897	1,002
U.S. | GE Capital | Valuation Allowance for Non-U.S. Loss Carryforwards
COMPONENTS OF THE NET DEFERRED INCOME TAX ASSET (LIABILITY)
Valuation allowances	$ 248	$ 131

SHAREHOLDERS_ EQUITY - Schedule

SHAREHOLDERS’ EQUITY - Schedule of Shareowners' Equity (Details) - USD ($)		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance	[1]	$ 51,481,000,000	$ 73,499,000,000
Other comprehensive income (loss)		2,641,000,000	(235,000,000)	$ 4,236,000,000
Ending balance	[1]	29,861,000,000	51,481,000,000	73,499,000,000
Adjustments to deferred acquisition costs, present value of future profits, and investment contracts, insurance liabilities and insurance annuity benefits		(2,693,000,000)	1,825,000,000	(1,259,000,000)
Currency translation gains (losses) on disposition		1,066,000,000	0	483,000,000
Investment securities - net of deferred taxes
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) before reclassifications		141,000,000	87,000,000	(627,000,000)
Other comprehensive income (loss) before reclassifications, tax		32,000,000	41,000,000	(335,000,000)
Reclassifications from other comprehensive income		(42,000,000)	(23,000,000)	(149,000,000)
Reclassification from other comprehensive income, tax		(11,000,000)	(6,000,000)	(81,000,000)
Other comprehensive income (loss)		100,000,000	64,000,000	(776,000,000)
Investment securities - noncontrolling interest
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		0	0	1,000,000
Investment securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		(39,000,000)	(102,000,000)	674,000,000
Other comprehensive income (loss)		100,000,000	63,000,000	(777,000,000)
Ending balance		61,000,000	(39,000,000)	(102,000,000)
Currency translation - net of deferred taxes
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) before reclassifications		41,000,000	(2,076,000,000)	846,000,000
Other comprehensive income (loss) before reclassifications, tax		(98,000,000)	29,000,000	(537,000,000)
Reclassifications from other comprehensive income		1,234,000,000	412,000,000	1,333,000,000
Reclassification from other comprehensive income, tax		(9,000,000)	89,000,000	(543,000,000)
Other comprehensive income (loss)		1,275,000,000	(1,664,000,000)	2,179,000,000
Currency translation adjustments - noncontrolling interest
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		(40,000,000)	(192,000,000)	35,000,000
Currency translation adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		(6,134,000,000)	(4,661,000,000)	(6,806,000,000)
Other comprehensive income (loss)		1,315,000,000	(1,472,000,000)	2,145,000,000
Ending balance		(4,818,000,000)	(6,134,000,000)	(4,661,000,000)
Cash flow hedges - net of deferred taxes
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) before reclassifications		(21,000,000)	(149,000,000)	171,000,000
Other comprehensive income (loss) before reclassifications, tax		6,000,000	(26,000,000)	31,000,000
Reclassifications from other comprehensive income		58,000,000	98,000,000	(120,000,000)
Reclassification from other comprehensive income, tax		2,000,000	4,000,000	(28,000,000)
Other comprehensive income (loss)		37,000,000	(51,000,000)	51,000,000
Cash flow hedges - noncontrolling interest
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		2,000,000	(2,000,000)	1,000,000
Cash flow hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		13,000,000	62,000,000	12,000,000
Other comprehensive income (loss)		35,000,000	(49,000,000)	50,000,000
Ending balance		49,000,000	13,000,000	62,000,000
Benefit plans - net of deferred taxes
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss) before reclassifications		(1,820,000,000)	71,000,000	550,000,000
Other comprehensive income (loss) before reclassifications, tax		(355,000,000)	115,000,000	32,000,000
Reclassifications from other comprehensive income		3,048,000,000	1,345,000,000	2,232,000,000
Reclassification from other comprehensive income, tax		852,000,000	2,610,000,000	1,111,000,000
Other comprehensive income (loss)		1,228,000,000	1,416,000,000	2,782,000,000
Benefit plans - noncontrolling interest
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Other comprehensive income (loss)		(2,000,000)	(32,000,000)	15,000,000
Benefit plans
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		(8,254,000,000)	(9,702,000,000)	(12,469,000,000)
Other comprehensive income (loss)		1,231,000,000	1,448,000,000	2,766,000,000
Ending balance		(7,024,000,000)	(8,254,000,000)	(9,702,000,000)
AOCI attributable to parent
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning balance		(14,414,000,000)	(14,404,000,000)	(18,588,000,000)
Ending balance		$ (11,732,000,000)	$ (14,414,000,000)	$ (14,404,000,000)
[1]	Total equity balance decreased by $(43,638) million from December 31, 2017, primarily due to non-cash after-tax goodwill impairment charge of $(22,371) million in 2018, reduction of noncontrolling interest balance of $(15,836) million attributable to Baker Hughes Class A shareholders at December 31, 2017 and after-tax loss of $(8,238) million in discontinued operations due to deconsolidation of Baker Hughes in 2019, partially offset by after-tax gain of $2,508 million in discontinued operations due to spin-off and subsequent merger of our Transportation business with Wabtec in 2019.

SHAREHOLDERS_ EQUITY - Narrativ

SHAREHOLDERS’ EQUITY - Narrative (Details)	Oct. 02, 2018USD ($)joint_venture	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)shares	Dec. 31, 2017USD ($)shares	Jan. 01, 2020USD ($)	Dec. 31, 2016USD ($)
Related Party Transaction [Line Items]
Preferred stock issued		$ 6,000,000	$ 6,000,000	$ 6,000,000
Preferred stock, shares outstanding | shares		5,939,875	5,939,875
Noncontrolling interests		$ 1,545,000,000	$ 20,500,000,000	17,468,000,000
Net earnings (loss)		33,000,000	203,000,000	(47,000,000)
Dividends attributable to noncontrolling interests		(331,000,000)	(362,000,000)	(222,000,000)
Redeemable noncontrolling interests		439,000,000	378,000,000
Net earnings (loss)		33,000,000	(291,000,000)	(320,000,000)
Number of joint ventures formed | joint_venture	3
Cash dividends				4,016,000,000
GE
Related Party Transaction [Line Items]
Preferred stock issued		5,738,000,000
Preferred stock dividends		460,000,000	447,000,000	436,000,000
Cash dividends		$ 295,000,000	$ 295,000,000	$ 295,000,000
Authorized shares of preferred stock | shares		50,000,000
Par value (in dollars per share) | $ / shares		$ 1
Preferred stock, shares outstanding | shares		5,939,875	5,939,875	5,939,875
Authorized common stock (in shares) | shares		13,200,000,000
Par value (in dollars per share) | $ / shares		$ 0.06
Issued (in shares) | shares		11,694,000,000
Repurchased (in shares) | shares		1,100,000	19,500,000
Value of shares repurchased		$ 10,000,000	$ 235,000,000
GE Capital | GE
Related Party Transaction [Line Items]
Dividends		0	0	$ 4,105,000,000
Series D Preferred Stock | GE
Related Party Transaction [Line Items]
Preferred stock issued		5,694,000,000				$ 5,694,000,000
Series A, B and C Preferred Stock | GE
Related Party Transaction [Line Items]
Preferred stock, value outstanding						$ 250,000,000
Class A Common Stock | BHGE LLC
Related Party Transaction [Line Items]
Noncontrolling interests		$ 0	$ 19,239,000,000
Subsequent Event | GE
Related Party Transaction [Line Items]
Preferred stock issued					$ 5,944,000,000
Grid Technology Joint Venture
Related Party Transaction [Line Items]
Amount to be paid to exercise redemption rights	$ 3,105,000,000

SHARE-BASED COMPENSATION - Narr

SHARE-BASED COMPENSATION - Narrative (Details) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018$ / sharesshares	Dec. 31, 2017$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant date fair value of stock options (in dollars per share)	$ 3.48	$ 3	$ 3.81
Expected lives (in years)	6 years	5 years 10 months 24 days	6 years 3 months 18 days
Strike price (in dollars per share)	$ 10	$ 12.13	$ 18.97
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Risk-free interest rate (as a percent)	2.50%	2.80%	2.30%
Dividend yield (as a percent)	0.40%	2.30%	3.30%
Expected volatility (as a percent)	33.00%	32.00%	28.00%
Stock options | Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Stock options | Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSU/common stock conversion ratio	1
Outstanding (in shares) | shares	28	29
Outstanding (in dollars per share)	$ 13.29	$ 18.07
Intrinsic value, outstanding | $	$ 315
Weighted average remaining contractual term, outstanding	1 year 4 months 24 days
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding (in shares) | shares	12
Outstanding (in dollars per share)	$ 7.39
Intrinsic value, outstanding | $	$ 128
Weighted average remaining contractual term, outstanding	2 years 3 months 18 days

SHARE-BASED COMPENSATION - Weig

SHARE-BASED COMPENSATION - Weighted Average Grant Date Fair Value (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant date fair value of stock options (in dollars per share)	$ 3.48	$ 3	$ 3.81
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant date fair value (in dollars per share)	10.12	13.96	$ 24.89
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant date fair value (in dollars per share)	$ 10.73	$ 4.80

SHARE-BASED COMPENSATION - Stoc

SHARE-BASED COMPENSATION - Stock-Based Compensation Activity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Shares, Stock Options
Outstanding at beginning of period (in shares)	466
Granted (in shares)	34
Spin-off adjustment (in shares)	17
Exercised (in shares)	(7)
Forfeited (in shares)	(11)
Expired (in shares)	(41)
Outstanding at end of period (in shares)	458	466
Exercisable (in shares)	335
Expected to vest (in shares)	113
Weighted average exercise price, Stock Options
Outstanding at beginning of period (in dollars per share)	$ 19.59
Granted (in dollars per share)	10
Forfeited (in dollars per share)	9.36
Exercised (in dollars per share)	13.66
Expired (in dollars per share)	17.24
Outstanding at end of period (in dollars per share)	18.66	$ 19.59
Exercisable (in dollars per share)	21.03
Expected to vest (in dollars per share)	$ 12.36
Weighted average contractual term (in years)
Stock options, weighted average remaining contractual term, outstanding	4 years 7 months 6 days
Stock options, weighted average remaining contractual term, exercisable	3 years 1 month 6 days
Stock options, weighted average remaining contractual term, expected to vest	8 years 6 months
Intrinsic value
Stock options, intrinsic value, outstanding	$ 185
Stock options, intrinsic value, exercisable	0
Stock options, intrinsic value, expected to vest	$ 165
RSUs
Shares
Outstanding at beginning of period (in shares)	29
Spin-off adjustment (in shares)	1
Granted (in shares)	16
Exercised (in shares)	(15)
Forfeited (in shares)	(3)
Outstanding at end of period (in shares)	28	29
Expected to vest (in shares)	26
Weighted average grant date fair value
Outstanding at beginning of period (in dollars per share)	$ 18.07
Granted (in dollars per share)	10.12	$ 13.96	$ 24.89
Exercised (in dollars per share)	17.04
Forfeited (in dollars per share)	15.40
Outstanding at end of period (in dollars per share)	13.29	$ 18.07
Expected to vest (in dollars per share)	$ 13.45
Intrinsic value
Intrinsic value, outstanding	$ 315
Intrinsic value, expected to vest	$ 285
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Weighted average remaining contractual term, outstanding	1 year 4 months 24 days
Weighted average remaining contractual term, expected to vest	1 year 3 months 18 days

SHARE-BASED COMPENSATION - Sche

SHARE-BASED COMPENSATION - Schedule of Compensation Expense, Cash Proceeds and Intrinsic Value (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Intrinsic value of stock options exercised and RSUs vested	$ 154	$ 83	$ 493
Unrecognized compensation expense related to unvested equity awards	$ 515
Amortization period of unrecognized compensation expense	1 year 1 month 6 days
Income tax benefit recognized in earnings	$ 20	40	138
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense (after-tax)	400	336	241
Cash received from stock options exercised	$ 69	$ 24	$ 528

EARNINGS PER SHARE INFORMATIO_2

EARNINGS PER SHARE INFORMATION (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Consolidated
Earnings (loss) from continuing operations for per-share calculation									$ 416	$ (20,997)	$ (8,270)
Preferred stock dividends									(460)	(447)	(436)
Earnings (loss) from continuing operations attributable to common shareowners for per-share calculation									(45)	(21,445)	(8,706)
Earnings (loss) from discontinued operations for per-share calculation									(5,396)	(1,372)	(251)
Net earnings (loss) attributable to GE common shareowners for per-share calculation									$ (5,440)	$ (22,809)	$ (8,944)
Average equivalent shares
Shares of GE common stock outstanding (in shares)									8,724	8,691	8,687
Employee compensation-related shares (including stock options) and warrants (in shares)									0	0	0
Total average equivalent shares (in shares)									8,724	8,691	8,687
Per-share amounts
Earnings (loss) from continuing operations (in dollars per share)	$ 0.07	$ (0.15)	$ (0.03)	$ 0.10	$ 0.06	$ (2.64)	$ 0.08	$ 0.03	$ (0.01)	$ (2.47)	$ (1)
Earnings (loss) from discontinued operations (in dollars per share)	(0.02)	(0.93)	0.03	0.30	0.01	0.02	(0.01)	(0.17)	(0.62)	(0.16)	(0.03)
Net earnings (loss) (in dollars per share)	0.06	(1.08)	(0.01)	0.40	0.07	(2.62)	0.07	(0.14)	$ (0.62)	$ (2.62)	$ (1.03)
Consolidated
Earnings (loss) from continuing operations for per-share calculation									$ 416	$ (20,997)	$ (8,270)
Preferred stock dividends									(460)	(447)	(436)
Earnings (loss) from continuing operations attributable to common shareowners for per-share calculation									(45)	(21,445)	(8,706)
Earnings (loss) from discontinued operations for per-share calculation									(5,396)	(1,372)	(251)
Net earnings (loss) attributable to GE common shareowners for per-share calculation									$ (5,440)	$ (22,809)	$ (8,944)
Average equivalent shares
Shares of GE common stock outstanding (in shares)									8,724	8,691	8,687
Employee compensation-related shares (including stock options) and warrants (in shares)									0	0	0
Total average equivalent shares (in shares)									8,724	8,691	8,687
Per-share amounts
Earnings (loss) from continuing operations (in dollars per share)	0.08	(0.15)	(0.03)	0.10	0.06	(2.64)	0.08	0.03	$ (0.01)	$ (2.47)	$ (1)
Earnings (loss) from discontinued operations (in dollars per share)	(0.01)	(0.93)	0.03	0.30	0.01	0.02	(0.01)	(0.17)	(0.62)	(0.16)	(0.03)
Net earnings (loss) (in dollars per share)	$ 0.06	$ (1.08)	$ (0.01)	$ 0.41	$ 0.07	$ (2.62)	$ 0.07	$ (0.14)	$ (0.62)	$ (2.62)	$ (1.03)
Outstanding anti-dilutive stock awards not included in computation of diluted earnings per share (in shares)									450	420	119

OTHER INCOME (Details)

OTHER INCOME (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchases and sales of business interests	$ 53	$ 1,522	$ 1,024
Associated companies	0	0	0
Total other income	2,222	2,321	2,083
Interest income	143	136	105
Business Restructuring Reserve
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Valuation allowance on businesses classified as held for sale	245	554	1,000
ServiceMax
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchases and sales of business interests	224
Distributed Power
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchases and sales of business interests		737
Healthcare Value Based Care
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchases and sales of business interests		681
Industrial Solutions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchases and sales of business interests		267
Water Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchases and sales of business interests			1,931
GE
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchases and sales of business interests	3	1,234	1,024
Sales	256	218	188
Associated companies	206	21	208
Net interest and investment income	1,220	562	358
Other items	515	282	115
Total other income	2,200	2,317	1,893
Eliminations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Associated companies	(82,658)	(230,186)	(112,012)
Total other income	22	$ 4	$ 189
Baker Hughes
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Unrealized gain	$ 793

FAIR VALUE MEASUREMENTS - Asset

FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Assets
Derivative assets	$ 2,572	$ 2,205
Netting adjustment	(546)	(959)
Net derivative assets	740	205
Liabilities
Derivatives	853	1,820
Netting adjustment	(546)	(967)
Net derivative liabilities	202	586
Recurring
Assets
Investment securities	48,521	33,508
Total assets	49,261	33,713
Netting adjustment	(1,832)	(2,001)
Net derivative assets	740	205
Liabilities
Other	807	722
Total liabilities	1,009	1,308
Netting adjustment	(651)	(1,234)
Net derivative liabilities	202	586
Recurring | Level 1
Assets
Investment securities	9,704	88
Derivative assets	0	0
Total assets	9,704	88
Liabilities
Derivatives	0	0
Other	0	0
Total liabilities	0	0
Recurring | Level 2
Assets
Investment securities	33,606	29,408
Derivative assets	2,561	2,197
Total assets	36,167	31,605
Liabilities
Derivatives	834	1,814
Other	807	722
Total liabilities	1,641	2,535
Recurring | Level 3
Assets
Investment securities	5,210	4,013
Derivative assets	11	8
Total assets	5,221	4,021
Liabilities
Derivatives	19	6
Other	0	0
Total liabilities	19	6
Recurring | Level 3 | U.S. corporate
Assets
Total assets	3,977	3,498
Recurring | Level 3 | Government and agencies
Assets
Total assets	$ 330	$ 292

FAIR VALUE MEASUREMENTS - Sched

FAIR VALUE MEASUREMENTS - Schedule of Level 3 Instruments (Details) - Level 3 - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Unrealized net gains and losses	$ 404	$ (231)
Investment securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Balance at beginning of period	4,013	4,109
Net realized/unrealized gains (losses) included in earnings	399	(231)
Purchases	2,159	729
Sales & Settlements	(1,308)	(333)
Transfers into Level 3	0	2
Transfers out of Level 3	(53)	(262)
Balance at end of period	5,210	4,013
U.S. corporate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Purchases	$ 975	$ 615

FAIR VALUE MEASUREMENTS - Ass_2

FAIR VALUE MEASUREMENTS - Assets Measured at Fair Value on Nonrecurring Basis (Details) - Nonrecurring - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	$ 12	$ 631
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	739	3,783
Financing receivables and financing receivables held for sale | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	0	0
Financing receivables and financing receivables held for sale | Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	21	47
Equity securities without readily determinable fair value and equity method investments | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	0	479
Equity securities without readily determinable fair value and equity method investments | Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	306	874
Long-lived assets | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	12	152
Long-lived assets | Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	412	422
Goodwill | Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	0	0
Goodwill | Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value	$ 0	$ 2,440

FAIR VALUE MEASUREMENTS - Narra

FAIR VALUE MEASUREMENTS - Narrative (Details) $ in Millions	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Income approach
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Equity securities without readily determinable fair value and equity method investments	$ 36	$ 572
Recurring fair value measurements
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value	49,261	33,713
Level 3 | Recurring fair value measurements
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value	5,221	4,021
Level 3 | Recurring fair value measurements | Non-binding broker and other third-party sources
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value	4,933	3,893
Level 3 | Nonrecurring fair value measurements
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value	739	3,783
Level 3 | Nonrecurring fair value measurements | Non-binding broker and other third-party sources
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value	$ 377	$ 483
Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Equity securities without readily determinable fair value and equity method investments, measurement input	0.12	0.065
Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Equity securities without readily determinable fair value and equity method investments, measurement input	0.16	0.35
Weighted average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Equity securities without readily determinable fair value and equity method investments, measurement input	0.15	0.089

FINANCIAL INSTRUMENTS - Assets

FINANCIAL INSTRUMENTS - Assets and Liabilities Not Carried at Fair Value (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Carrying amount (net)
Assets
Notes receivable	$ 4,113	$ 8,811
Liabilities
Borrowings	90,882	103,599
Investment contracts	2,191	2,388
Estimated fair value
Assets
Notes receivable	4,208	8,829
Liabilities
Borrowings	97,754	100,492
Investment contracts	2,588	2,630
Accrued interest	$ 1,106	$ 1,324

FINANCIAL INSTRUMENTS - Derivat

FINANCIAL INSTRUMENTS - Derivatives and Hedging (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Derivative [Line Items]
Derivative, gross notional	$ 98,018	$ 117,104
GE Capital
Derivative [Line Items]
Derivative, gross notional	55,704	79,082
GE
Derivative [Line Items]
Derivative, gross notional	$ 42,314	$ 38,022

FINANCIAL INSTRUMENTS - Fair Va

FINANCIAL INSTRUMENTS - Fair Value of Derivatives (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets
Derivative, gross notional	$ 98,018,000,000	$ 117,104,000,000
Amount	2,572,000,000	2,205,000,000
Netting adjustments offset in statement of financial position	(546,000,000)	(959,000,000)
Cash collateral offset in statement of financial position	(1,286,000,000)	(1,042,000,000)
Net derivatives	740,000,000	205,000,000
Net accrued interest	182,000,000	205,000,000
Securities held as collateral not offset in statement of financial position	(469,000,000)	(235,000,000)
Net amount	452,000,000	174,000,000
Liabilities
Amount	853,000,000	1,820,000,000
Netting adjustments offset in statement of financial position	(546,000,000)	(967,000,000)
Cash collateral offset in statement of financial position	(105,000,000)	(267,000,000)
Net derivatives	202,000,000	586,000,000
Net accrued interest	1,000,000	1,000,000
Securities held as collateral not offset in statement of financial position	0	0
Net amount	203,000,000	587,000,000
Excess cash collateral received	104,000,000	3,000,000
Excess cash collateral posted	603,000,000	439,000,000
Excess securities collateral received	27,000,000	0
Derivatives accounted for as hedges
Assets
Derivative, gross notional	30,961,000,000	30,758,000,000
Amount	1,734,000,000	1,511,000,000
Liabilities
Amount	57,000,000	138,000,000
Derivatives accounted for as hedges | Interest rate contracts
Assets
Derivative, gross notional	23,918,000,000	22,904,000,000
Amount	1,636,000,000	1,335,000,000
Liabilities
Amount	11,000,000	23,000,000
Derivatives accounted for as hedges | Currency exchange contracts
Assets
Derivative, gross notional	7,044,000,000	7,854,000,000
Amount	99,000,000	175,000,000
Liabilities
Amount	46,000,000	114,000,000
Derivatives not accounted for as hedges
Assets
Derivative, gross notional	67,056,000,000	86,346,000,000
Amount	838,000,000	695,000,000
Liabilities
Amount	796,000,000	1,682,000,000
Derivatives not accounted for as hedges | Interest rate contracts
Assets
Derivative, gross notional	3,185,000,000	6,198,000,000
Amount	18,000,000	28,000,000
Liabilities
Amount	12,000,000	2,000,000
Derivatives not accounted for as hedges | Currency exchange contracts
Assets
Derivative, gross notional	62,165,000,000	77,544,000,000
Amount	697,000,000	653,000,000
Liabilities
Amount	744,000,000	1,472,000,000
Derivatives not accounted for as hedges | Other contracts
Assets
Derivative, gross notional	1,706,000,000	2,604,000,000
Amount	123,000,000	13,000,000
Liabilities
Amount	$ 40,000,000	$ 209,000,000

FINANCIAL INSTRUMENTS - Fair _2

FINANCIAL INSTRUMENTS - Fair Value Hedges (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Cumulative amount of fair value hedging adjustments	$ 4,234	$ 3,255
Cumulative amount of fair value hedging on discontinued hedging relationships	2,458	2,731
Hedged liability	$ 54,723	$ 59,651

FINANCIAL INSTRUMENTS - Cash Fl

FINANCIAL INSTRUMENTS - Cash Flow Hedges (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gain (loss) recognized in AOCI	$ 25	$ (154)	$ 199
Total effect of cash flow hedges	(60)	$ (102)	$ 149
Pre-tax gain included in AOCI related to cash flow hedges of forecasted transactions	110
Amount of loss expected to be transferred to earnings as an expense	$ 16
Maximum term of hedged forecasted transactions	13 years	14 years	15 years

FINANCIAL INSTRUMENTS - Net Inv

FINANCIAL INSTRUMENTS - Net Investment Hedges (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Derivative [Line Items]
Gain (loss) recognized in AOCI on hedging instruments	$ 120	$ 646	$ (1,852)
Reclassified from AOCI into earnings	7	(1)	125
Currency exchange contracts
Derivative [Line Items]
Gain (loss) recognized in AOCI on hedging instruments	(36)	162	(277)
Foreign currency debt
Derivative [Line Items]
Gain (loss) recognized in AOCI on hedging instruments	156	484	(1,575)
Carrying value designated as net investment hedges	9,190	12,458	13,028
Net investment hedges
Derivative [Line Items]
Gain (loss) excluded from assessment recognized in earnings	$ 27	$ 23	$ 19

FINANCIAL INSTRUMENTS - Effects

FINANCIAL INSTRUMENTS - Effects of Derivative Financial Instruments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Derivative [Line Items]
Total revenues	$ 95,214	$ 97,012	$ 99,279
Cost of goods and services	70,029	72,818
Interest and other financial charges	4,227	4,766	4,655
Selling, general and administrative expenses	13,949	14,643	14,257
Other income	2,222	2,321	2,083
Total effect of cash flow hedges	(60)	(102)	$ 149
Revenues
Derivative [Line Items]
Total effect of cash flow hedges	5	(53)
Total effect of derivatives not designated as hedges	154	(1,375)
Revenues | Interest rate contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	(24)	(72)
Revenues | Currency exchange contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	180	(1,303)
Revenues | Other contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	(2)	(1)
Cost of sales
Derivative [Line Items]
Total effect of cash flow hedges	(24)	(10)
Total effect of derivatives not designated as hedges	(35)	(520)
Cost of sales | Interest rate contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	0	0
Cost of sales | Currency exchange contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	(35)	(520)
Cost of sales | Other contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	0	0
Interest Expense
Derivative [Line Items]
Total effect of cash flow hedges	(37)	(39)
Hedged items	(1,276)	617
Derivatives designated as hedging instruments	1,229	(724)
Total effect of fair value hedges	(48)	(107)
Total effect of derivatives not designated as hedges	145	(99)
Interest Expense | Interest rate contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	(50)	(4)
Interest Expense | Currency exchange contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	0	0
Interest Expense | Other contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	195	(95)
SG&A
Derivative [Line Items]
Total effect of cash flow hedges	(3)	0
Total effect of derivatives not designated as hedges	(6)	0
SG&A | Interest rate contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	0	0
SG&A | Currency exchange contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	(6)	0
SG&A | Other contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	0	0
Other Income
Derivative [Line Items]
Total effect of cash flow hedges	0	0
Total effect of derivatives not designated as hedges	(58)	(56)
Other Income | Interest rate contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	0	0
Other Income | Currency exchange contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	(59)	(47)
Other Income | Other contracts
Derivative [Line Items]
Total effect of derivatives not designated as hedges	$ 1	$ (10)

FINANCIAL INSTRUMENTS - Counter

FINANCIAL INSTRUMENTS - Counterparty Credit Risk (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Net derivative liability	$ 203	$ 587
Counterparty Credit Risk
Fair Value, Concentration of Risk, Financial Statement Captions [Line Items]
Exposure to counterparties including interest net collateral, excluding embedded derivatives	368	95
Net derivative liability	$ 159	$ 571

VARIABLE INTEREST ENTITIES - Na

VARIABLE INTEREST ENTITIES - Narrative (Details)	12 Months Ended
	Dec. 31, 2019USD ($)entity	Dec. 31, 2018USD ($)
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Investments in unconsolidated VIEs	$ 1,937,000,000	$ 2,346,000,000
Energy Financial Services | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Investments in unconsolidated VIEs	621,000,000	1,670,000,000
Insurance | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Investments in unconsolidated VIEs	896,000,000	0
Consolidated VIEs
Variable Interest Entity [Line Items]
Assets	2,663,000,000	2,321,000,000
Liabilities	$ 1,137,000,000	$ 1,611,000,000
Consolidated VIEs | GE Capital
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	12 Months Ended
	Dec. 31, 2019USD ($)aircraft
GECAS | Aircraft with GE Engines
Other Commitments [Line Items]
Long-term purchase commitment	$ 36,313
Advances for pre-delivery payments	$ 2,934
GECAS | New Aircraft
Other Commitments [Line Items]
Number of aircrafts for delivery | aircraft	366
Percentage of aircrafts to be delivered in 2020	16.00%
Percentage of aircrafts to be delivered in 2021	19.00%
Percentage of aircrafts to be delivered in 2022 through 2026	65.00%
GECAS | Used Aircraft
Other Commitments [Line Items]
Long-term purchase commitment	$ 2,419
Number of aircrafts for delivery | aircraft	55
Percentage of aircrafts to be delivered in 2020	71.00%
Percentage of aircrafts to be delivered in 2021	20.00%
Percentage of aircrafts to be delivered in 2022 through 2026	9.00%
Aviation
Other Commitments [Line Items]
Financial assistance commitment	$ 2,269
GE Capital | Investment commitments
Other Commitments [Line Items]
Other commitments	2,648
GE Capital | Thermal and wind energy projects
Other Commitments [Line Items]
Other commitments	1,225
GE Capital | Thermal and wind energy projects, unconsolidated VIE investment commitment
Other Commitments [Line Items]
Other commitments	217
GE Capital | Run-off insurance operations
Other Commitments [Line Items]
Other commitments	1,394
GE Capital | Run-off insurance operations, unconsolidated VIE investment commitment
Other Commitments [Line Items]
Other commitments	$ 996

COMMITMENTS, GUARANTEES, PROD_4

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Guarantees (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Other Commitments [Line Items]
Liabilities recorded	$ 32,336	$ 35,705
Credit Support
Other Commitments [Line Items]
Other commitments	1,565
Liability for arrangements	35
Indemnification Agreements - Continuing Operations
Other Commitments [Line Items]
Other commitments	1,611
Liabilities recorded	192
Indemnification Agreements - Discontinued Operations
Other Commitments [Line Items]
Liability for arrangements	$ 142
Percentage of exposures expected to be resolved within the next year	44.00%
Indemnification Agreements - Discontinued Operations | Maximum
Other Commitments [Line Items]
Other commitments	$ 1,032

COMMITMENTS, GUARANTEES, PROD_5

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Product Warranties Roll Forward (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Movement in Standard Product Warranty Accrual
Balance at beginning of period	$ 2,192	$ 2,103	$ 1,743
Current-year provisions	713	945	929
Expenditures	(715)	(788)	(708)
Other changes	(26)	(69)	139
Balance at end of period	$ 2,165	$ 2,192	$ 2,103

COMMITMENTS, GUARANTEES, PROD_6

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - WMC Legal Matters (Details) - Potential Violation of FIRREA by WMC and GE Capital - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Apr. 30, 2019	Dec. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amount to be paid	$ 1,500
Total amount paid in connection with settlement		$ 207
GE Capital
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Debtor-in-possession financing	$ 14
Exit financing		39.5
TMI Trust Company
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Mortgage loans		$ 800

COMMITMENTS, GUARANTEES, PROD_7

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Alstom Legacy Legal Matters (Details) € in Millions, $ in Millions	Nov. 02, 2015USD ($)significant_case	Jan. 31, 2017USD ($)	Dec. 31, 2014USD ($)	Jan. 31, 2007EUR (€)	Dec. 31, 2013USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Alstom Legacy Matters
Loss Contingencies [Line Items]
Number of significant cases involving anti-competitive activities and improper payments | significant_case	2
Damages sought		$ 430		€ 65
Reduced fine | €				€ 59
Penalty paid			$ 772
Reserve established for legal and compliance matters	$ 858
Reserve balance						$ 875	$ 889
Siemens AG
Loss Contingencies [Line Items]
Damages sought					$ 950
ABB Ltd.
Loss Contingencies [Line Items]
Damages sought					$ 600

COMMITMENTS, GUARANTEES, PROD_8

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Shareholder and Related Lawsuits (Details)	1 Months Ended	5 Months Ended
	Feb. 28, 2019claimplantiff	Dec. 31, 2018claim	Dec. 31, 2019claimlawsuitproprietary_fund	Mar. 31, 2019claim	Nov. 30, 2018
Loss Contingencies [Line Items]
Number of Putative Class Actions	2
Shareholder Derivative Lawsuits
Loss Contingencies [Line Items]
Number of pending lawsuits			2
Touchstone
Loss Contingencies [Line Items]
Loss Contingency, Number of Plaintiffs | plantiff	6
Baker Hughes Case
Loss Contingencies [Line Items]
Number of pending lawsuits				2
Other GE Retirement Savings Plan Class Actions
Loss Contingencies [Line Items]
Number of Putative Class Actions | lawsuit			4
Number of Proprietary Funds | proprietary_fund			5
Loss Contingency, Claims Dismissed, Number		1
Baker Hughes | Baker Hughes Case
Loss Contingencies [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent					12.00%

COMMITMENTS, GUARANTEES, PROD_9

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Bank BPH (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Total portfolio carrying value	$ 266,048	$ 311,072
Bank BPH
Related Party Transaction [Line Items]
Percentage indexed to or denominated in foreign currencies	86.00%
Total portfolio carrying value	$ 2,500

COMMITMENTS, GUARANTEES, PRO_10

COMMITMENTS, GUARANTEES, PRODUCT WARRANTIES AND OTHER LOSS CONTINGENCIES - Environmental, Health and Safety Matters (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Total reserves related to environmental remediation, nuclear decommissioning and worker exposure claims	$ 2,484	$ 2,172
Expenditures for site remediation, nuclear decommissioning and worker exposure claims	236	$ 214	$ 227
Expected expenditures for site remediation, nuclear decommissioning and worker exposure claims, 2020	350
Expected expenditures for site remediation, nuclear decommissioning and worker exposure claims, 2021	$ 250

CASH FLOWS INFORMATION - GE Cas

CASH FLOWS INFORMATION - GE Cash Flows Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
All other operating activities
All other operating activities	$ 1,388	$ 1,317	$ 13,308
All other investing activities
All other investing activities	1,466	11,530	5,538
All other financing activities
All other financing activities	(1,043)	(1,312)	(85)
Net dispositions (purchases) of GE shares for treasury
Net dispositions (purchases) of GE shares for treasury	29	(17)	(2,550)
GE
All other operating activities
Increase (decrease) in employee benefit liabilities	227	587	(68)
Other gains on investing activities	(723)	(378)	(138)
Restructuring and other charges	1,144	2,244	2,781
Restructuring and other cash expenditures	(1,157)	(1,474)	(1,484)
Increase (decrease) in equipment project accruals	(314)	(939)	(212)
Baker Hughes Class B dividends received	282	494	251
Other	613	142	374
All other operating activities	72	676	1,504
All other investing activities
Derivative settlements (net)	(14)	(947)	(1,016)
Investments in intangible assets (net)	(30)	(496)	(321)
Other investments (net)	791	726	(1,404)
Sales of retained ownership interests in Wabtec	3,383	0	0
Other	(455)	77	(6,698)
All other investing activities	3,675	(640)	(9,439)
All other financing activities
Disposition of Baker Hughes noncontrolling interests	0	4,373	308
Acquisition of noncontrolling interests	(28)	(3,345)	(135)
Other	(284)	79	117
All other financing activities	(312)	1,107	290
Net dispositions (purchases) of GE shares for treasury
Open market purchases under share repurchase program	(10)	(245)	(3,506)
Other purchases	(47)	(23)	(67)
Dispositions	84	250	1,021
Net dispositions (purchases) of GE shares for treasury	$ 29	$ (17)	$ (2,550)

CASH FLOWS INFORMATION - GE C_2

CASH FLOWS INFORMATION - GE Cash Flows Information (Footnotes) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Noncontrolling interests - Alstom
All other financing activities
Acquisition of noncontrolling interests	$ (3,105)
GE
All other financing activities
Acquisition of noncontrolling interests		$ (28)	$ (3,345)	$ (135)
Debt tender expenditures		$ 255

CASH FLOWS INFORMATION - GE Cap

CASH FLOWS INFORMATION - GE Capital Cash Flows Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
All other operating activities
All other operating activities	$ 1,388	$ 1,317	$ 13,308
Net decrease (increase) in GE Capital financing receivables
Net decrease (increase) in GE Capital financing receivables	1,117	1,796	805
All other investing activities
All other investing activities	1,466	11,530	5,538
Repayments and other reductions (maturities longer than 90 days)
Repayments and other reductions (maturities longer than 90 days)	(16,567)	(20,319)	(25,220)
All other financing activities
All other financing activities	(1,043)	(1,312)	(85)
GE Capital
All other operating activities
Cash collateral and settlements received (paid) on derivative contracts	1,263	(708)	836
Increase (decrease) in other liabilities	(1,470)	240	(798)
Other	811	627	11,076
All other operating activities	605	158	11,114
Net decrease (increase) in GE Capital financing receivables
Increase in loans to customers	(15,022)	(30,207)	(45,251)
Principal collections from customers - loans	18,083	37,237	47,471
Investment in equipment for financing leases	(18)	(306)	(585)
Principal collections from customers - financing leases	0	802	1,011
Sales of financing receivables	345	2,458	251
Net decrease (increase) in GE Capital financing receivables	3,389	9,986	2,897
All other investing activities
Purchases of investment securities	(6,205)	(5,775)	(2,867)
Dispositions and maturities of investment securities	4,589	8,309	10,001
Decrease (increase) in other assets - investments	1,347	(4,516)	(8,497)
Other	2,886	2,464	4,375
All other investing activities	2,617	482	3,013
Repayments and other reductions (maturities longer than 90 days)
Short-term (91 to 365 days)	(10,515)	(14,251)	(18,591)
Long-term (longer than one year)	(991)	(5,460)	(2,054)
Principal payments - non-recourse, leveraged leases	(126)	(125)	(362)
Repayments and other reductions (maturities longer than 90 days)	(11,632)	(19,836)	(21,007)
All other financing activities
Redemption of investment contracts	(279)	(268)	(344)
Settlements paid on derivative contracts	(864)	(2,235)	(212)
Other	324	95	276
All other financing activities	$ (819)	$ (2,408)	$ (280)

INTERCOMPANY TRANSACTIONS (Deta

INTERCOMPANY TRANSACTIONS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Consolidated cash from (used for) operating activities-continuing operations	$ 10,419	$ 3,210	$ 5,840
Consolidated cash from (used for) investing activities-continuing operations	10,684	18,925	6,728
Consolidated cash from (used for) financing activities-continuing operations	(15,764)	(27,345)	(23,927)
GE and GE Capital totals
Related Party Transaction [Line Items]
Consolidated cash from (used for) operating activities-continuing operations	6,495	2,282	13,853
Consolidated cash from (used for) investing activities-continuing operations	13,509	14,915	(3,473)
Consolidated cash from (used for) financing activities-continuing operations	(14,665)	(22,408)	(21,738)
GE and GE Capital totals | GE current receivables sold to GE Capital
Related Party Transaction [Line Items]
Consolidated cash from (used for) operating activities-continuing operations	1,081	5	(4,435)
Consolidated cash from (used for) investing activities-continuing operations	(1,677)	(839)	4,561
Consolidated cash from (used for) financing activities-continuing operations	596	835	(127)
Cash payments received on deferred purchase price	303	5,192	4,411
GE and GE Capital totals | GE long-term receivables sold to GE Capital
Related Party Transaction [Line Items]
Consolidated cash from (used for) operating activities-continuing operations	468	1,079	(250)
Consolidated cash from (used for) investing activities-continuing operations	(468)	(1,079)	250
GE and GE Capital totals | Supply chain finance programs
Related Party Transaction [Line Items]
Consolidated cash from (used for) operating activities-continuing operations	2,289	(18)	302
Consolidated cash from (used for) investing activities-continuing operations	(2,289)	18	(302)
GE and GE Capital totals | Capital contribution from GE to GE Capital
Related Party Transaction [Line Items]
Consolidated cash from (used for) investing activities-continuing operations	4,000	0	0
Consolidated cash from (used for) financing activities-continuing operations	(4,000)	0	0
GE and GE Capital totals | GE Capital common dividends to GE
Related Party Transaction [Line Items]
Consolidated cash from (used for) operating activities-continuing operations	0	0	(4,016)
Consolidated cash from (used for) financing activities-continuing operations	0	0	4,016
GE and GE Capital totals | GE Capital loans to GE
Related Party Transaction [Line Items]
Consolidated cash from (used for) investing activities-continuing operations	0	6,479	7,271
Consolidated cash from (used for) financing activities-continuing operations	0	(6,479)	(7,271)
GE and GE Capital totals | Repayment of GE Capital loans by GE
Related Party Transaction [Line Items]
Consolidated cash from (used for) investing activities-continuing operations	(1,523)	0	(1,329)
Consolidated cash from (used for) financing activities-continuing operations	1,523	0	1,329
Other reclassifications and eliminations
Related Party Transaction [Line Items]
Consolidated cash from (used for) operating activities-continuing operations	86	(138)	387
Consolidated cash from (used for) investing activities-continuing operations	(868)	(570)	(251)
Consolidated cash from (used for) financing activities-continuing operations	$ 782	$ 706	$ (136)

OPERATING SEGMENTS - Reconcilia

OPERATING SEGMENTS - Reconciliation of Revenues (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total revenues	$ 95,214	$ 97,012	$ 99,279
GE Industrial
Segment Reporting Information [Line Items]
Total revenues	85,524	86,075	88,749
Capital
Segment Reporting Information [Line Items]
Total revenues	7,770	8,167	7,512
Operating segments | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	86,778	86,789	89,776
Operating segments | Capital
Segment Reporting Information [Line Items]
Total revenues	8,741	9,551	9,070
Corporate items and eliminations
Segment Reporting Information [Line Items]
Total revenues	(305)	673	433
Intersegment revenues
Segment Reporting Information [Line Items]
Total revenues	2,225	2,097	2,585
Intersegment revenues | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	(1,254)	(714)	(1,027)
Intersegment revenues | Capital
Segment Reporting Information [Line Items]
Total revenues	(971)	(1,384)	(1,558)
Corporate, non-segment
Segment Reporting Information [Line Items]
Total revenues	1,920	2,770	3,018
Power | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	18,267	21,997	29,100
Power | Operating segments | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	18,625	22,150	29,426
Power | Intersegment revenues | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	(357)	(152)	(326)
Renewable Energy | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	15,198	14,102	14,080
Renewable Energy | Operating segments | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	15,337	14,288	14,321
Renewable Energy | Intersegment revenues | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	(139)	(186)	(242)
Aviation | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	32,117	30,191	26,554
Aviation | Operating segments | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	32,875	30,566	27,013
Aviation | Intersegment revenues | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	(758)	(375)	(459)
Healthcare | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	19,942	19,784	19,017
Healthcare | Operating segments | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	19,942	19,784	19,017
Healthcare | Intersegment revenues | GE Industrial
Segment Reporting Information [Line Items]
Total revenues	$ 0	$ 0	$ 0

OPERATING SEGMENTS - Equipment

OPERATING SEGMENTS - Equipment and Services Revenues Classification (Details) - Industrial Segment - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total revenues	$ 86,778	$ 86,789	$ 89,776
Equipment
Segment Reporting Information [Line Items]
Total revenues	42,904	42,416	47,864
Services Revenues
Segment Reporting Information [Line Items]
Total revenues	43,875	44,372	41,913
Power
Segment Reporting Information [Line Items]
Total revenues	18,625	22,150	29,426
Power | Equipment
Segment Reporting Information [Line Items]
Total revenues	6,247	8,077	12,909
Power | Services Revenues
Segment Reporting Information [Line Items]
Total revenues	12,378	14,073	16,517
Renewable Energy
Segment Reporting Information [Line Items]
Total revenues	15,337	14,288	14,321
Renewable Energy | Equipment
Segment Reporting Information [Line Items]
Total revenues	12,267	11,419	13,969
Renewable Energy | Services Revenues
Segment Reporting Information [Line Items]
Total revenues	3,069	2,870	352
Aviation
Segment Reporting Information [Line Items]
Total revenues	32,875	30,566	27,013
Aviation | Equipment
Segment Reporting Information [Line Items]
Total revenues	12,804	11,499	10,215
Aviation | Services Revenues
Segment Reporting Information [Line Items]
Total revenues	20,071	19,067	16,797
Healthcare
Segment Reporting Information [Line Items]
Total revenues	19,942	19,784	19,017
Healthcare | Equipment
Segment Reporting Information [Line Items]
Total revenues	11,585	11,422	10,771
Healthcare | Services Revenues
Segment Reporting Information [Line Items]
Total revenues	$ 8,357	$ 8,363	$ 8,246

OPERATING SEGMENTS - Segment Re

OPERATING SEGMENTS - Segment Revenues (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Total revenues	$ 95,214	$ 97,012	$ 99,279
Industrial Segment
Segment Reporting Information [Line Items]
Total revenues	85,524	86,075	88,749
Industrial Segment | Power
Segment Reporting Information [Line Items]
Total revenues	18,267	21,997	29,100
Industrial Segment | Renewable Energy
Segment Reporting Information [Line Items]
Total revenues	15,198	14,102	14,080
Industrial Segment | Aviation
Segment Reporting Information [Line Items]
Total revenues	32,117	30,191	26,554
Industrial Segment | Healthcare
Segment Reporting Information [Line Items]
Total revenues	19,942	19,784	19,017
Capital
Segment Reporting Information [Line Items]
Total revenues	7,770	8,167	7,512
Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Total revenues	86,778	86,789	89,776
Operating segments | Industrial Segment | Power
Segment Reporting Information [Line Items]
Total revenues	18,625	22,150	29,426
Operating segments | Industrial Segment | Renewable Energy
Segment Reporting Information [Line Items]
Total revenues	15,337	14,288	14,321
Operating segments | Industrial Segment | Aviation
Segment Reporting Information [Line Items]
Total revenues	32,875	30,566	27,013
Operating segments | Industrial Segment | Healthcare
Segment Reporting Information [Line Items]
Total revenues	19,942	19,784	19,017
Operating segments | Capital
Segment Reporting Information [Line Items]
Total revenues	8,741	9,551	9,070
Corporate items and eliminations
Segment Reporting Information [Line Items]
Total revenues	(305)	673	433
Gas Power | Operating segments | Industrial Segment | Power
Segment Reporting Information [Line Items]
Total revenues	13,122	13,296	17,100
Power Portfolio | Operating segments | Industrial Segment | Power
Segment Reporting Information [Line Items]
Total revenues	5,503	8,853	12,326
Onshore Wind | Operating segments | Industrial Segment | Renewable Energy
Segment Reporting Information [Line Items]
Total revenues	10,421	8,220	8,055
Grid Solutions equipment and services | Operating segments | Industrial Segment | Renewable Energy
Segment Reporting Information [Line Items]
Total revenues	4,062	4,772	5,117
Other | Operating segments | Industrial Segment | Renewable Energy
Segment Reporting Information [Line Items]
Total revenues	855	1,296	1,149
Commercial | Operating segments | Industrial Segment | Aviation
Segment Reporting Information [Line Items]
Total revenues	24,217	22,724	19,709
Military | Operating segments | Industrial Segment | Aviation
Segment Reporting Information [Line Items]
Total revenues	4,389	4,103	3,991
Systems & Other | Operating segments | Industrial Segment | Aviation
Segment Reporting Information [Line Items]
Total revenues	4,269	3,740	3,314
Healthcare Systems | Operating segments | Industrial Segment | Healthcare
Segment Reporting Information [Line Items]
Total revenues	14,648	14,886	14,460
Life Sciences | Operating segments | Industrial Segment | Healthcare
Segment Reporting Information [Line Items]
Total revenues	$ 5,294	$ 4,898	$ 4,557

OPERATING SEGMENTS - Narrative

OPERATING SEGMENTS - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Performance obligations expected to be satisfied	$ 245,434
Property, plant and equipment - net	43,290	$ 43,611
United States
Segment Reporting Information [Line Items]
Total revenues	39,372	39,876	$ 41,468
Property, plant and equipment - net	11,992	11,868	12,393
Non US
Segment Reporting Information [Line Items]
Total revenues	55,843	57,136	57,811
Property, plant and equipment - net	31,298	$ 31,743	$ 33,576
Equipment
Segment Reporting Information [Line Items]
Performance obligations expected to be satisfied	48,487
Services Revenues
Segment Reporting Information [Line Items]
Performance obligations expected to be satisfied	$ 196,947
Revenue benchmark | Customer Concentration Risk | Aviation
Segment Reporting Information [Line Items]
Concentration risk (as a percentage)	5.00%	4.00%	4.00%
Revenue benchmark | Agencies of the U.S. Government | Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk (as a percentage)	5.00%	5.00%	4.00%

OPERATING SEGMENTS - Remaining

OPERATING SEGMENTS - Remaining Performance Obligation (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01	Dec. 31, 2019
Performance Obligation Satisfaction, Period One | Equipment Revenues
Segment Reporting Information [Line Items]
Performance obligation expected to be satisfied (as a percentage)	58.00%
Performance obligations expected to be satisfied, expected timing	1 year
Performance Obligation Satisfaction, Period One | Services Revenues
Segment Reporting Information [Line Items]
Performance obligation expected to be satisfied (as a percentage)	14.00%
Performance obligations expected to be satisfied, expected timing	1 year
Performance Obligation Satisfaction, Period Two | Equipment Revenues
Segment Reporting Information [Line Items]
Performance obligation expected to be satisfied (as a percentage)	76.00%
Performance obligations expected to be satisfied, expected timing	2 years
Performance Obligation Satisfaction, Period Two | Services Revenues
Segment Reporting Information [Line Items]
Performance obligation expected to be satisfied (as a percentage)	46.00%
Performance obligations expected to be satisfied, expected timing	5 years
Performance Obligation Satisfaction, Period Three | Equipment Revenues
Segment Reporting Information [Line Items]
Performance obligation expected to be satisfied (as a percentage)	88.00%
Performance obligations expected to be satisfied, expected timing	5 years
Performance Obligation Satisfaction, Period Three | Services Revenues
Segment Reporting Information [Line Items]
Performance obligation expected to be satisfied (as a percentage)	72.00%
Performance obligations expected to be satisfied, expected timing	10 years
Performance Obligation Satisfaction, Period Four | Services Revenues
Segment Reporting Information [Line Items]
Performance obligation expected to be satisfied (as a percentage)	83.00%
Performance obligations expected to be satisfied, expected timing	15 years

OPERATING SEGMENTS - Reconcil_2

OPERATING SEGMENTS - Reconciliation of Profit and Earnings (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Goodwill impairments										$ (1,486)	$ (22,136)	$ (2,550)
Interest and other financial charges										(4,227)	(4,766)	(4,655)
Non-operating benefit costs										(2,844)	(2,753)	(2,423)
Benefit (provision) for income taxes										(726)	(93)	2,808
Earnings (loss) from continuing operations attributable to GE common shareholders										(44)	(21,438)	(8,689)
Earnings (loss) from discontinued operations, net of taxes		$ (123)	$ (8,093)	$ 219	$ 2,663	$ 163	$ 155	$ (122)	$ (1,559)	(5,335)	(1,363)	(312)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations										60	1	(81)
Earnings (loss) from discontinued operations, net of taxes										(5,395)	(1,364)	(231)
Net earnings (loss) attributable to GE common shareholders										(5,439)	(22,802)	(8,920)
GE
Segment Reporting Information [Line Items]
Goodwill impairments	[1]									(1,486)	(22,136)	(1,165)
Interest and other financial charges	[1]									(2,115)	(2,415)	(2,538)
Non-operating benefit costs	[1]									(2,828)	(2,740)	(2,409)
Benefit (provision) for income taxes	[1]									(1,309)	(467)	(3,493)
Earnings (loss) from continuing operations attributable to GE common shareholders										(44)	(21,438)	(8,689)
Earnings (loss) from discontinued operations, net of taxes	[1]									(5,335)	(1,363)	(319)
Less net earnings (loss) attributable to noncontrolling interests, discontinued operations										60	1	(88)
Net earnings (loss) attributable to GE common shareholders	[1]									(5,439)	(22,802)	(8,920)
Capital
Segment Reporting Information [Line Items]
Goodwill impairments										0	0
Operating segments
Segment Reporting Information [Line Items]
Total segment profit										9,906	9,158	4,714
Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Total segment profit										10,436	9,647	11,479
Operating segments | Capital
Segment Reporting Information [Line Items]
Total segment profit										(530)	(489)	(6,765)
Interest and other financial charges										(2,532)	(2,982)	(3,145)
Benefit (provision) for income taxes										582	374	6,302
Corporate items and eliminations
Segment Reporting Information [Line Items]
Total segment profit										(2,212)	(2,837)	(3,798)
Interest and other financial charges										(1,695)	(1,784)	(1,510)
Benefit (provision) for income taxes										(1,309)	(467)	(3,493)
Power | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Total segment profit										386	(808)	1,894
Renewable Energy | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Total segment profit										(666)	292	728
Aviation | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Total segment profit										6,820	6,466	5,370
Healthcare | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Total segment profit										$ 3,896	$ 3,698	$ 3,488
[1]	Represents the adding together of all GE Industrial affiliates and GE Capital continuing operations on a one-line basis. See Note 1.

OPERATING SEGMENTS - Reconcil_3

OPERATING SEGMENTS - Reconciliation of Interest and Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Interest and other financial charges	$ 4,227	$ 4,766	$ 4,655
Benefit (provision) for income taxes	(726)	(93)	2,808
Operating segments | Capital
Segment Reporting Information [Line Items]
Interest and other financial charges	2,532	2,982	3,145
Benefit (provision) for income taxes	582	374	6,302
Corporate items and eliminations
Segment Reporting Information [Line Items]
Interest and other financial charges	1,695	1,784	1,510
Benefit (provision) for income taxes	$ (1,309)	$ (467)	$ (3,493)

OPERATING SEGMENTS - Reconcil_4

OPERATING SEGMENTS - Reconciliation of Assets, Property, Plant and Equipment Additions and Depreciation and Amortization (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Assets	$ 266,048	$ 311,072
Equity in earnings (loss) of affiliates	0	0	$ 0
Operating segments | Capital
Segment Reporting Information [Line Items]
Investments in and advances to associated companies	2,159
Equity in earnings (loss) of affiliates	324
Corporate items and eliminations
Segment Reporting Information [Line Items]
Investments in and advances to associated companies	45
Equity in earnings (loss) of affiliates	(11)
Continuing Operations
Segment Reporting Information [Line Items]
Assets	261,939	247,219	301,737
Property, plant and equipment additions	5,813	6,632	7,130
Depreciation and amortization	5,595	6,582	6,193
Continuing Operations | Operating segments | Capital
Segment Reporting Information [Line Items]
Assets	117,546	119,329	150,805
Property, plant and equipment additions	3,830	4,569	3,680
Depreciation and amortization	2,083	2,163	2,342
Continuing Operations | Corporate items and eliminations
Segment Reporting Information [Line Items]
Assets	29,565	18,032	10,758
Property, plant and equipment additions	(175)	(46)	(64)
Depreciation and amortization	355	763	456
Power | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Investments in and advances to associated companies	565
Equity in earnings (loss) of affiliates	(4)
Power | Continuing Operations | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Assets	26,731	27,389	55,827
Property, plant and equipment additions	277	358	1,018
Depreciation and amortization	880	1,307	1,228
Renewable Energy | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Investments in and advances to associated companies	630
Equity in earnings (loss) of affiliates	(2)
Renewable Energy | Continuing Operations | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Assets	15,935	16,400	18,466
Property, plant and equipment additions	455	303	677
Depreciation and amortization	425	474	382
Aviation | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Investments in and advances to associated companies	2,073
Equity in earnings (loss) of affiliates	204
Aviation | Continuing Operations | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Assets	41,647	38,021	37,473
Property, plant and equipment additions	1,031	1,070	1,426
Depreciation and amortization	1,150	1,042	979
Healthcare | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Investments in and advances to associated companies	245
Equity in earnings (loss) of affiliates	19
Healthcare | Continuing Operations | Operating segments | Industrial Segment
Segment Reporting Information [Line Items]
Assets	30,514	28,048	28,408
Property, plant and equipment additions	395	378	393
Depreciation and amortization	$ 702	$ 832	$ 806

OPERATING SEGMENTS - Assets by

OPERATING SEGMENTS - Assets by Geographic Area (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Assets	$ 266,048	$ 311,072
Continuing Operations
Segment Reporting Information [Line Items]
Assets	261,939	247,219	$ 301,737
Continuing Operations | U.S.
Segment Reporting Information [Line Items]
Assets	144,405	126,566
Continuing Operations | Non-U.S.
Segment Reporting Information [Line Items]
Assets	70,565	70,007
Continuing Operations | Asia
Segment Reporting Information [Line Items]
Assets	22,089	22,355
Continuing Operations | Americas
Segment Reporting Information [Line Items]
Assets	13,435	12,871
Continuing Operations | Other Global
Segment Reporting Information [Line Items]
Assets	11,445	15,420
Continuing Operations | Total Non-U.S.
Segment Reporting Information [Line Items]
Assets	$ 117,534	$ 120,653

GUARANTOR FINANCIAL INFORMATI_3

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Earnings (Loss) and Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues
Total revenues (Note 26)									$ 95,214	$ 97,012	$ 99,279
Costs and expenses
Interest and other financial charges									4,227	4,766	4,655
Other costs and expenses									92,059	115,554	108,052
Total costs and expenses									96,287	120,320	112,707
Other income									2,222	2,321	2,083
Equity in earnings (loss) of affiliates									0	0	0
Earnings (loss) from continuing operations before income taxes									1,149	(20,987)	(11,345)
Benefit (provision) for income taxes									(726)	(93)	2,808
Earnings (loss) from continuing operations	$ 845	$ (1,290)	$ (115)	$ 983	$ 697	$ (23,014)	$ 791	$ 446	423	(21,080)	(8,536)
Earnings (loss) from discontinued operations, net of taxes	(123)	(8,093)	219	2,663	163	155	(122)	(1,559)	(5,335)	(1,363)	(312)
Net earnings (loss)	721	(9,383)	104	3,645	860	(22,859)	669	(1,113)	(4,912)	(22,443)	(8,849)
Less net earnings (loss) attributable to noncontrolling interests	(7)	40	(23)	57	99	(90)	(132)	34	66	(89)	(365)
Net earnings (loss) attributable to the Company	$ 728	$ (9,423)	$ 127	$ 3,588	$ 761	$ (22,769)	$ 800	$ (1,147)	(4,979)	(22,355)	(8,484)
Other comprehensive income									2,681	(10)	4,184
Comprehensive income (loss) attributable to the Company									(2,297)	(22,364)	(4,300)
Reportable Legal Entities
Revenues
Sales of goods and services									256	218	188
Costs and expenses
Equity in earnings (loss) of affiliates									206	21	208
Reportable Legal Entities | Parent Company Guarantor
Revenues
Total revenues (Note 26)									28,078	34,972	35,551
Costs and expenses
Interest and other financial charges									1,612	1,728	1,644
Other costs and expenses									32,563	47,471	38,765
Total costs and expenses									34,175	49,199	40,409
Other income									(3,853)	3,910	(959)
Equity in earnings (loss) of affiliates									5,923	(11,404)	553
Earnings (loss) from continuing operations before income taxes									(4,028)	(21,721)	(5,263)
Benefit (provision) for income taxes									(1,143)	1,092	(2,896)
Earnings (loss) from continuing operations									(5,170)	(20,629)	(8,159)
Earnings (loss) from discontinued operations, net of taxes									192	(1,726)	(325)
Net earnings (loss)									(4,979)	(22,355)	(8,484)
Less net earnings (loss) attributable to noncontrolling interests									0	0	0
Net earnings (loss) attributable to the Company									(4,979)	(22,355)	(8,484)
Other comprehensive income									2,681	(10)	4,184
Comprehensive income (loss) attributable to the Company									(2,297)	(22,364)	(4,300)
Reportable Legal Entities | Subsidiary Issuer
Revenues
Total revenues (Note 26)									964	917	703
Costs and expenses
Interest and other financial charges									980	911	652
Other costs and expenses									1	0	0
Total costs and expenses									981	911	653
Other income									0	0	0
Equity in earnings (loss) of affiliates									0	0	0
Earnings (loss) from continuing operations before income taxes									(17)	6	50
Benefit (provision) for income taxes									1	5	(5)
Earnings (loss) from continuing operations									(16)	11	45
Earnings (loss) from discontinued operations, net of taxes									0	0	0
Net earnings (loss)									(16)	11	45
Less net earnings (loss) attributable to noncontrolling interests									0	0	0
Net earnings (loss) attributable to the Company									(16)	11	45
Other comprehensive income									0	0	0
Comprehensive income (loss) attributable to the Company									(16)	11	45
Reportable Legal Entities | Subsidiary Guarantor
Revenues
Total revenues (Note 26)									64	1,038	800
Costs and expenses
Interest and other financial charges									1,405	2,560	2,006
Other costs and expenses									0	1	18
Total costs and expenses									1,406	2,561	2,023
Other income									0	0	0
Equity in earnings (loss) of affiliates									1,290	1,554	1,938
Earnings (loss) from continuing operations before income taxes									(52)	31	714
Benefit (provision) for income taxes									0	0	115
Earnings (loss) from continuing operations									(52)	31	829
Earnings (loss) from discontinued operations, net of taxes									59	(39)	41
Net earnings (loss)									7	(8)	870
Less net earnings (loss) attributable to noncontrolling interests									0	0	0
Net earnings (loss) attributable to the Company									7	(8)	870
Other comprehensive income									(1,022)	(82)	567
Comprehensive income (loss) attributable to the Company									(1,015)	(90)	1,436
Reportable Legal Entities | Non- Guarantor Subsidiaries
Revenues
Total revenues (Note 26)									164,876	174,222	171,060
Costs and expenses
Interest and other financial charges									1,975	2,459	3,343
Other costs and expenses									166,371	186,262	177,223
Total costs and expenses									168,346	188,721	180,566
Other income									30,453	29,268	75,291
Equity in earnings (loss) of affiliates									75,445	240,036	109,521
Earnings (loss) from continuing operations before income taxes									102,427	254,803	175,307
Benefit (provision) for income taxes									(228)	(2,381)	5,877
Earnings (loss) from continuing operations									102,200	252,422	181,184
Earnings (loss) from discontinued operations, net of taxes									0	0	4
Net earnings (loss)									102,200	252,422	181,187
Less net earnings (loss) attributable to noncontrolling interests									7	(204)	(137)
Net earnings (loss) attributable to the Company									102,192	252,627	181,324
Other comprehensive income									2,280	(2,840)	(7,552)
Comprehensive income (loss) attributable to the Company									104,472	249,786	173,773
Consolidating Adjustments
Revenues
Total revenues (Note 26)									(98,768)	(114,136)	(108,835)
Costs and expenses
Interest and other financial charges									(1,745)	(2,893)	(2,990)
Other costs and expenses									(106,876)	(118,180)	(107,954)
Total costs and expenses									(108,622)	(121,073)	(110,943)
Other income									(24,378)	(30,857)	(72,249)
Equity in earnings (loss) of affiliates									(82,658)	(230,186)	(112,012)
Earnings (loss) from continuing operations before income taxes									(97,182)	(254,106)	(182,152)
Benefit (provision) for income taxes									643	1,191	(282)
Earnings (loss) from continuing operations									(96,539)	(252,915)	(182,435)
Earnings (loss) from discontinued operations, net of taxes									(5,585)	401	(32)
Net earnings (loss)									(102,124)	(252,514)	(182,467)
Less net earnings (loss) attributable to noncontrolling interests									59	116	(228)
Net earnings (loss) attributable to the Company									(102,184)	(252,629)	(182,239)
Other comprehensive income									(1,258)	2,922	6,985
Comprehensive income (loss) attributable to the Company									(103,441)	(249,707)	(175,254)
Sales of goods and services
Revenues
Sales of goods and services									87,487	88,940	91,942
Sales of goods and services | Reportable Legal Entities | Parent Company Guarantor
Revenues
Sales of goods and services									28,078	34,972	35,551
Sales of goods and services | Reportable Legal Entities | Subsidiary Issuer
Revenues
Sales of goods and services									0	0	0
Sales of goods and services | Reportable Legal Entities | Subsidiary Guarantor
Revenues
Sales of goods and services									0	0	0
Sales of goods and services | Reportable Legal Entities | Non- Guarantor Subsidiaries
Revenues
Sales of goods and services									154,927	164,691	161,172
Sales of goods and services | Consolidating Adjustments
Revenues
Sales of goods and services									(95,518)	(110,723)	(104,782)
GE Capital revenues from services
Revenues
Total revenues (Note 26)									7,728	8,072	7,337
GE Capital revenues from services | Reportable Legal Entities | Parent Company Guarantor
Revenues
Total revenues (Note 26)									0	0	0
GE Capital revenues from services | Reportable Legal Entities | Subsidiary Issuer
Revenues
Total revenues (Note 26)									964	917	703
GE Capital revenues from services | Reportable Legal Entities | Subsidiary Guarantor
Revenues
Total revenues (Note 26)									64	1,038	800
GE Capital revenues from services | Reportable Legal Entities | Non- Guarantor Subsidiaries
Revenues
Total revenues (Note 26)									9,949	9,531	9,888
GE Capital revenues from services | Consolidating Adjustments
Revenues
Total revenues (Note 26)									$ (3,250)	$ (3,414)	$ (4,053)

GUARANTOR FINANCIAL INFORMATI_4

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Financial Position (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash, cash equivalents and restricted cash	$ 36,394	$ 31,124
Receivables - net	27,047	29,488
Investment in subsidiaries	0	0
All other assets	202,607	250,460
Total assets	266,048	311,072
Liabilities and equity
Short-term borrowings	22,072	12,776
Long-term and non-recourse borrowings	68,809	90,824
All other liabilities	145,306	155,992
Total liabilities	236,187	259,591
Total liabilities and equity	266,048	311,072
Reportable Legal Entities | Parent Company Guarantor
Assets
Cash, cash equivalents and restricted cash	10,591	9,561
Receivables - net	47,170	30,466
Investment in subsidiaries	147,397	176,239
All other assets	28,377	29,615
Total assets	233,535	245,881
Liabilities and equity
Short-term borrowings	135,172	150,426
Long-term and non-recourse borrowings	40,660	59,800
All other liabilities	66,808	43,872
Total liabilities	242,640	254,098
Total liabilities and equity	233,535	245,881
Reportable Legal Entities | Subsidiary Issuer
Assets
Cash, cash equivalents and restricted cash	0	0
Receivables - net	17,726	17,467
Investment in subsidiaries	0	0
All other assets	236	12
Total assets	17,961	17,479
Liabilities and equity
Short-term borrowings	0	0
Long-term and non-recourse borrowings	16,771	16,115
All other liabilities	161	336
Total liabilities	16,932	16,452
Total liabilities and equity	17,961	17,479
Reportable Legal Entities | Subsidiary Guarantor
Assets
Cash, cash equivalents and restricted cash	0	0
Receivables - net	230	2,792
Investment in subsidiaries	40,408	45,832
All other assets	0	0
Total assets	40,638	48,623
Liabilities and equity
Short-term borrowings	2,981	9,854
Long-term and non-recourse borrowings	24,417	24,341
All other liabilities	70	245
Total liabilities	27,468	34,439
Total liabilities and equity	40,638	48,623
Reportable Legal Entities | Non- Guarantor Subsidiaries
Assets
Cash, cash equivalents and restricted cash	26,438	25,975
Receivables - net	61,026	69,268
Investment in subsidiaries	421,613	733,535
All other assets	291,995	359,063
Total assets	801,071	1,187,841
Liabilities and equity
Short-term borrowings	9,712	9,649
Long-term and non-recourse borrowings	34,262	41,066
All other liabilities	146,972	153,160
Total liabilities	190,946	203,875
Total liabilities and equity	801,071	1,187,841
Consolidating Adjustments
Assets
Cash, cash equivalents and restricted cash	(636)	(4,412)
Receivables - net	(99,104)	(90,504)
Investment in subsidiaries	(609,418)	(955,605)
All other assets	(118,000)	(138,230)
Total assets	(827,158)	(1,188,751)
Liabilities and equity
Short-term borrowings	(125,792)	(157,153)
Long-term and non-recourse borrowings	(47,301)	(50,498)
All other liabilities	(68,705)	(41,622)
Total liabilities	(241,799)	(249,273)
Total liabilities and equity	$ (827,158)	$ (1,188,751)

GUARANTOR FINANCIAL INFORMATI_5

GUARANTOR FINANCIAL INFORMATION - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	$ 8,772	$ 4,978	$ 6,554
Cash from (used for) investing activities	8,939	18,280	5,379
Cash from (used for) financing activities	(16,133)	(31,807)	(18,484)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	(50)	(628)	891
Increase (decrease) in cash, cash equivalents and restricted cash	1,529	(9,176)	(5,659)
Cash, cash equivalents and restricted cash at beginning of year	35,548	44,724	50,384
Cash, cash equivalents and restricted cash at end of year	37,077	35,548	44,724
Cash from (used for) operating activities – discontinued operations	(1,647)	1,768	714
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	638	4,424	7,901
Cash, cash equivalents and restricted cash of continuing operations at end of year	36,439	31,124	36,823
Reportable Legal Entities | Parent Company Guarantor
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	5,526	42,950	(29,441)
Cash from (used for) investing activities	32,210	1,292	(4,432)
Cash from (used for) financing activities	(36,706)	(38,154)	34,616
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	0	0	0
Increase (decrease) in cash, cash equivalents and restricted cash	1,030	6,089	743
Cash, cash equivalents and restricted cash at beginning of year	9,561	3,472	2,729
Cash, cash equivalents and restricted cash at end of year	10,591	9,561	3,472
Cash from (used for) operating activities – discontinued operations	(1,282)	1,991	239
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	0	0	0
Cash, cash equivalents and restricted cash of continuing operations at end of year	10,591	9,561	3,472
Reportable Legal Entities | Subsidiary Issuer
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	137	(387)	52
Cash from (used for) investing activities	(137)	457	(52)
Cash from (used for) financing activities	0	(70)	0
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	0	0	0
Increase (decrease) in cash, cash equivalents and restricted cash	0	0	0
Cash, cash equivalents and restricted cash at beginning of year	0	0	0
Cash, cash equivalents and restricted cash at end of year	0	0	0
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	0	0	0
Cash, cash equivalents and restricted cash of continuing operations at end of year	0	0	0
Reportable Legal Entities | Subsidiary Guarantor
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	(1,685)	34,361	4,305
Cash from (used for) investing activities	6,223	27,415	(1,871)
Cash from (used for) financing activities	(4,538)	(61,779)	(2,473)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	0	0	0
Increase (decrease) in cash, cash equivalents and restricted cash	0	(3)	(39)
Cash, cash equivalents and restricted cash at beginning of year	0	3	41
Cash, cash equivalents and restricted cash at end of year	0	0	3
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	0	0	0
Cash, cash equivalents and restricted cash of continuing operations at end of year	0	0	3
Reportable Legal Entities | Non- Guarantor Subsidiaries
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	33,515	328,029	149,385
Cash from (used for) investing activities	400,190	(297,621)	(222,298)
Cash from (used for) financing activities	(436,933)	(48,782)	70,782
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	(50)	(628)	891
Increase (decrease) in cash, cash equivalents and restricted cash	(3,277)	(19,002)	(1,239)
Cash, cash equivalents and restricted cash at beginning of year	30,399	49,400	50,640
Cash, cash equivalents and restricted cash at end of year	27,121	30,399	49,400
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	638	4,424	7,901
Cash, cash equivalents and restricted cash of continuing operations at end of year	26,484	25,975	41,499
Eliminations
Guarantor Obligations [Line Items]
Cash from (used for) operating activities	(28,721)	(399,976)	(117,747)
Cash from (used for) investing activities	(429,548)	286,736	234,032
Cash from (used for) financing activities	462,045	116,979	(121,410)
Effect of currency exchange rate changes on cash, cash equivalents and restricted cash	0	0	0
Increase (decrease) in cash, cash equivalents and restricted cash	3,776	3,739	(5,125)
Cash, cash equivalents and restricted cash at beginning of year	(4,412)	(8,151)	(3,026)
Cash, cash equivalents and restricted cash at end of year	(636)	(4,412)	(8,151)
Less cash, cash equivalents and restricted cash of discontinued operations at end of year	0	0	0
Cash, cash equivalents and restricted cash of continuing operations at end of year	$ (636)	$ (4,412)	$ (8,151)

BAKER HUGHES SUMMARIZED FINAN_3

BAKER HUGHES SUMMARIZED FINANCIAL INFORMATION (Details) - Baker Hughes - USD ($) $ / shares in Units, shares in Millions, $ in Millions	4 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2019	Sep. 30, 2019
Schedule of Equity Method Investments [Line Items]
Remaining interest (in shares)			377.4
Fair value of investment	$ 9,888	$ 9,888
Unrealized gain		$ 793
Share price (in dollars per share)	$ 25.63	$ 25.63
Revenues	$ 7,751
Gross Profit	1,558
Net income (loss)	120
Net income (loss) attributable to the entity	60
Current assets	15,222	$ 15,222
Noncurrent assets	38,147	38,147
Total assets	53,369	53,369
Current liabilities	10,014	10,014
Noncurrent liabilities	8,857	8,857
Total liabilities	18,871	18,871
Noncontrolling interests	$ 12,570	$ 12,570

QUARTERLY INFORMATION (UNAUDI_3

QUARTERLY INFORMATION (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Net Income (Loss) Attributable to Parent [Abstract]
Earnings (loss) from continuing operations	$ 845	$ (1,290)	$ (115)	$ 983	$ 697	$ (23,014)	$ 791	$ 446	$ 423	$ (21,080)	$ (8,536)
Earnings (loss) from discontinued operations	(123)	(8,093)	219	2,663	163	155	(122)	(1,559)	(5,335)	(1,363)	(312)
Net earnings (loss)	721	(9,383)	104	3,645	860	(22,859)	669	(1,113)	(4,912)	(22,443)	(8,849)
Less net earnings (loss) attributable to noncontrolling interests	(7)	40	(23)	57	99	(90)	(132)	34	66	(89)	(365)
Net earnings (loss) attributable to the Company	$ 728	$ (9,423)	$ 127	$ 3,588	$ 761	$ (22,769)	$ 800	$ (1,147)	$ (4,979)	$ (22,355)	$ (8,484)
Per-share amounts – earnings (loss) from continuing operations
Diluted earnings (loss) per share (in dollars per share)	$ 0.07	$ (0.15)	$ (0.03)	$ 0.10	$ 0.06	$ (2.64)	$ 0.08	$ 0.03	$ (0.01)	$ (2.47)	$ (1)
Basic earnings (loss) per share (in dollars per share)	0.08	(0.15)	(0.03)	0.10	0.06	(2.64)	0.08	0.03	(0.01)	(2.47)	(1)
Per-share amounts – earnings (loss) from discontinued operations
Diluted earnings (loss) per share (in dollars per share)	(0.02)	(0.93)	0.03	0.30	0.01	0.02	(0.01)	(0.17)	(0.62)	(0.16)	(0.03)
Basic earnings (loss) per share (in dollars per share)	(0.01)	(0.93)	0.03	0.30	0.01	0.02	(0.01)	(0.17)	(0.62)	(0.16)	(0.03)
Per-share amounts – net earnings (loss)
Diluted earnings (loss) per share (in dollars per share)	0.06	(1.08)	(0.01)	0.40	0.07	(2.62)	0.07	(0.14)	(0.62)	(2.62)	(1.03)
Basic earnings (loss) per share (in dollars per share)	0.06	(1.08)	(0.01)	0.41	0.07	(2.62)	0.07	(0.14)	(0.62)	(2.62)	(1.03)
Dividends declared (in dollars per share)	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.12	$ 0.12	$ 0.12	$ 0.04	$ 0.37	$ 0.84
Selected Data [Line Items]
Total revenues									$ 95,214	$ 97,012	$ 99,279
Earnings (loss) from continuing operations attributable to the Company									416	(20,991)	(8,253)
GE
Selected Data [Line Items]
Sales of goods and services	$ 24,460	$ 21,519	$ 21,416	$ 20,324	$ 24,437	$ 21,273	$ 22,190	$ 21,138
Gross profit from sales	5,780	4,660	4,500	4,494	4,261	3,924	5,100	4,879
GE Capital
Net Income (Loss) Attributable to Parent [Abstract]
Earnings (loss) from continuing operations									(69)	(1)	(6,331)
Earnings (loss) from discontinued operations									192	(1,670)	(312)
Net earnings (loss)									123	(1,672)	(6,643)
Less net earnings (loss) attributable to noncontrolling interests									1	40	4
Net earnings (loss) attributable to the Company									122	(1,712)	(6,647)
Selected Data [Line Items]
Total revenues	2,096	2,097	2,321	2,227	2,476	2,473	2,429	2,173	8,741	9,551	9,070
Earnings (loss) from continuing operations attributable to the Company	$ 259	$ (603)	$ 99	$ 175	$ 101	$ 58	$ (22)	$ (179)	$ (70)	$ (42)	$ (6,328)