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Sort by: 2006 | 2005 | 2004 | General Electric Company and consolidated affiliates | GE | GECS
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General Electric Company
and consolidated affiliates |
| For the years ended December 31 (In millions) |
|
2006 |
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2005 |
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2004 |
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| CASH FLOWS — OPERATING ACTIVITIES |
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| Net earnings |
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| Loss (earnings) from discontinued operations |
|
(163 |
) |
|
1,950 |
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|
(559 |
) |
| Adjustments to reconcile net earnings to cash provided from operating activities |
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| Depreciation and amortization of property, plant and equipment |
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9,158 |
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8,537 |
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8,348 |
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| Net earnings retained by GECS |
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— |
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— |
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— |
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| Deferred income taxes |
|
1,950 |
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|
(940 |
) |
|
51 |
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| Decrease (increase) in GE current receivables |
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(2,152 |
) |
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(974 |
) |
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(1,617 |
) |
| Decrease (increase) in inventories |
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(1,779 |
) |
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(578 |
) |
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(468 |
) |
| Increase (decrease) in accounts payable |
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(119 |
) |
|
245 |
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|
3,756 |
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| Increase (decrease) in GE progress collections |
|
926 |
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|
510 |
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(464 |
) |
| Provision for losses on GECS financing receivables |
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3,839 |
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3,841 |
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3,888 |
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| All other operating activities |
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530 |
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3,362 |
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|
777 |
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| Cash from operating activities — continuing operations |
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33,019 |
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|
32,664 |
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30,872 |
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| Cash from (used for) operating activities — discontinued operations |
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(2,373 |
) |
|
5,027 |
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|
5,621 |
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| CASH FROM OPERATING ACTIVITIES |
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30,646 |
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37,691 |
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36,493 |
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| CASH FLOWS — INVESTING ACTIVITIES |
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| Additions to property, plant and equipment |
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(16,650 |
) |
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(14,381 |
) |
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(12,936 |
) |
| Dispositions of property, plant and equipment |
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6,799 |
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6,027 |
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5,839 |
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| Net increase in GECS financing receivables |
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(38,134 |
) |
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(16,400 |
) |
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(14,668 |
) |
| Proceeds from sales of discontinued operations |
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9,022 |
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8,106 |
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3,437 |
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| Proceeds from principal business dispositions |
|
3,870 |
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|
481 |
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1,179 |
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| Payments for principal businesses purchased |
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(11,652 |
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(11,498 |
) |
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(18,703 |
) |
| All other investing activities |
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(4,274 |
) |
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(1,701 |
) |
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5,080 |
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| Cash used for investing activities — continuing operations |
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(51,019 |
) |
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(29,366 |
) |
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(30,772 |
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| Cash used for investing activities — discontinued operations |
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(383 |
) |
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(5,733 |
) |
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(7,651 |
) |
| CASH USED FOR INVESTING ACTIVITIES |
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(51,402 |
) |
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(35,099 |
) |
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(38,423 |
) |
| CASH FLOWS — FINANCING ACTIVITIES |
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| Net increase (decrease) in borrowings (maturities of 90 days or less) |
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4,582 |
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(4,600 |
) |
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(1,558 |
) |
| Newly issued debt (maturities longer than 90 days) |
|
88,362 |
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66,523 |
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58,538 |
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| Repayments and other reductions (maturities longer than 90 days) |
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(49,346 |
) |
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(53,133 |
) |
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(47,106 |
) |
| Net dispositions (purchases) of GE shares for treasury |
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(8,554 |
) |
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(4,844 |
) |
|
3,993 |
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| Dividends paid to shareowners |
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(10,420 |
) |
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(9,352 |
) |
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(8,278 |
) |
| All other financing activities |
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(1,174 |
) |
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(1,128 |
) |
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(3,304 |
) |
| Cash from (used for) financing activities — continuing operations |
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23,450 |
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(6,534 |
) |
|
2,285 |
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| Cash from (used for) financing activities — discontinued operations |
|
(220 |
) |
|
415 |
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|
2,309 |
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| CASH FROM (USED FOR) FINANCING ACTIVITIES |
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23,230 |
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(6,119 |
) |
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4,594 |
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| INCREASE (DECREASE) IN CASH AND EQUIVALENTS DURING YEAR |
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2,474 |
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(3,527 |
) |
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2,664 |
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| Cash and equivalents at beginning of year |
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11,801 |
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|
15,328 |
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12,664 |
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| Cash and equivalents at end of year |
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14,275 |
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11,801 |
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15,328 |
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| Less cash and equivalents of discontinued operations at end of year |
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— |
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2,976 |
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3,267 |
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| Cash and equivalents of continuing operations at end of year |
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| SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION |
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| Cash paid during the year for interest |
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) |
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) |
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| Cash recovered (paid) during the year for income taxes |
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(2,869 |
) |
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(3,254 |
) |
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(1,339 |
) |
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