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Note 5
Supplemental Cost Details
Total expenditures for research and development were $1,892 million, $1,741 million and $1,955 million in 1995, 1994 and 1993, respectively. The Company-funded portion aggregated $1,299 million in 1995, $1,176 million in 1994 and $1,297 million in 1993.
Rental expense under operating leases is shown below.
(In millions) 1995 1994 1993
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GE $523 $514 $635
GECS 524 468 413
At December 31, 1995, minimum rental commitments under noncancelable operating leases aggregated $2,705 million and $3,119 million for GE and GECS, respectively. Amounts payable over the next five years are shown below.
(In millions) 1996 1997 1998 1999 2000
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GE $358 $324 $275 $216 $164
GECS 434 384 345 320 288
GE's selling, general and administrative expense totaled $5,743 million in 1995, $5,211 million in 1994 and $5,124 million in 1993. Insignificant amounts of interest were capitalized by GE and GECS in 1995, 1994 and 1993.
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