|
|
| |
2004 |
|
2003 |
|
2002 |
|
| (In millions; per-share amounts in dollars) |
Diluted |
|
Basic |
|
Diluted |
|
Basic |
|
Diluted |
|
Basic |
|
| CONSOLIDATED OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Earnings before accounting changes |
$ |
16,819 |
|
$ |
16,819 |
|
$ |
15,823 |
|
$ |
15,823 |
|
$ |
15,182 |
|
$ |
15,182 |
|
| Adjustments to earnings before accounting changes(a) |
|
(1 |
) |
|
— |
|
|
1 |
|
|
— |
|
|
13 |
|
|
— |
|
| Earnings before accounting changes for per-share calculation |
|
16,818 |
|
|
16,819 |
|
|
15,824 |
|
|
15,823 |
|
|
15,195 |
|
|
15,182 |
|
| Cumulative effect of accounting changes |
|
— |
|
|
— |
|
|
(587 |
) |
|
(587 |
) |
|
(1,015 |
) |
|
(1,015 |
) |
| Net earnings available for per-share calculation |
$ |
16,818 |
|
$ |
16,819 |
|
$ |
15,237 |
|
$ |
15,236 |
|
$ |
14,180 |
|
$ |
14,167 |
|
| AVERAGE EQUIVALENT SHARES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares of GE common stock outstanding |
|
10,400 |
|
|
10,400 |
|
|
10,019 |
|
|
10,019 |
|
|
9,947 |
|
|
9,947 |
|
| Employee compensation-related shares, including stock options |
|
45 |
|
|
— |
|
|
56 |
|
|
— |
|
|
81 |
|
|
— |
|
| Total average equivalent shares |
|
10,445 |
|
|
10,400 |
|
|
10,075 |
|
|
10,019 |
|
|
10,028 |
|
|
9,947 |
|
| PER-SHARE AMOUNTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Earnings before accounting changes |
$ |
1.61 |
|
$ |
1.62 |
|
$ |
1.57 |
|
$ |
1.58 |
|
$ |
1.51 |
|
$ |
1.52 |
|
| Cumulative effect of accounting changes |
|
— |
|
|
— |
|
|
(0.06 |
) |
|
(0.06 |
) |
|
(0.10 |
) |
|
(0.10 |
) |
| Net earnings per share |
$ |
1.61 |
|
$ |
1.62 |
|
$ |
1.51 |
|
$ |
1.52 |
|
$ |
1.41 |
|
$ |
1.42 |
|
|
