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Sort by: 2006 | 2005 | 2004 | General Electric Company and consolidated affiliates | GE | GECS
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2004 |
| For the years ended December 31 (In millions) |
General Electric Company and consolidated affiliates |
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GE |
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GECS |
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| CASH FLOWS — OPERATING ACTIVITIES |
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| Net earnings |
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| Loss (earnings) from discontinued operations |
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(559 |
) |
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— |
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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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8,348 |
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2,533 |
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5,815 |
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| Net earnings retained by GECS |
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— |
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(5,623 |
) |
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— |
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| Deferred income taxes |
|
51 |
|
|
(175 |
) |
|
226 |
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| Decrease (increase) in GE receivables |
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(1,617 |
) |
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(908 |
) |
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— |
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| Decrease (increase) in inventories |
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(468 |
) |
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(459 |
) |
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(9 |
) |
| Increase (decrease) in accounts payable |
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3,756 |
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1,888 |
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2,593 |
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| Increase (decrease) in GE progress collections |
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(464 |
) |
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(464 |
) |
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— |
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| Provision for losses on GECS financing receivables |
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3,888 |
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— |
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3,888 |
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| All other operating activities |
|
777 |
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1,252 |
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(167 |
) |
| Cash from operating activities — continuing operations |
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30,872 |
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15,204 |
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20,515 |
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| Cash from (used for) operating activities — discontinued operations |
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5,621 |
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— |
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|
5,621 |
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| CASH FROM OPERATING ACTIVITIES |
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36,493 |
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15,204 |
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26,136 |
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| CASH FLOWS — INVESTING ACTIVITIES |
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| Additions to property, plant and equipment |
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(12,936 |
) |
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(2,427 |
) |
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(10,665 |
) |
| Dispositions of property, plant and equipment |
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5,839 |
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— |
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5,839 |
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| Net increase in GECS financing receivables |
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(14,668 |
) |
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— |
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(15,280 |
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| Proceeds from sales of discontinued operations |
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3,437 |
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— |
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3,437 |
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| Proceeds from principal business dispositions |
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1,179 |
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|
707 |
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472 |
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| Payments for principal businesses purchased |
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(18,703 |
) |
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(4,815 |
) |
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(13,888 |
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| All other investing activities |
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5,080 |
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(75 |
) |
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4,156 |
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| Cash used for investing activities — continuing operations |
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(30,772 |
) |
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(6,610 |
) |
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(25,929 |
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| Cash used for investing activities — discontinued operations |
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(7,651 |
) |
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— |
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(7,651 |
) |
| CASH USED FOR INVESTING ACTIVITIES |
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(38,423 |
) |
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(6,610 |
) |
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(33,580 |
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| CASH FLOWS — fINANCING ACTIVITIES |
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| Net increase (decrease) in borrowings (maturities of 90 days or less) |
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(1,558 |
) |
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(1,690 |
) |
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33 |
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| Newly issued debt (maturities longer than 90 days) |
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58,538 |
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|
434 |
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58,143 |
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| Repayments and other reductions (maturities longer than 90 days) |
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(47,106 |
) |
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(1,568 |
) |
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(45,538 |
) |
| Net dispositions (purchases) of GE shares for treasury |
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3,993 |
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|
3,993 |
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— |
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| Dividends paid to shareowners |
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(8,278 |
) |
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(8,278 |
) |
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(3,105 |
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| All other financing activities |
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(3,304 |
) |
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— |
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|
(3,304 |
) |
| Cash from (used for) financing activities — continuing operations |
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2,285 |
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(7,109 |
) |
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6,229 |
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| Cash from (used for) financing activities — discontinued operations |
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2,309 |
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— |
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|
2,309 |
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| CASH FROM (USED FOR) FINANCING ACTIVITIES |
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4,594 |
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(7,109 |
) |
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8,538 |
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| INCREASE (DECREASE) IN CASH AND EQUIVALENTS DURING YEAR |
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2,664 |
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1,485 |
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1,094 |
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| Cash and equivalents at beginning of year |
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12,664 |
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1,670 |
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11,273 |
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| Cash and equivalents at end of year |
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15,328 |
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3,155 |
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12,367 |
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| Less cash and equivalents of discontinued operations at end of year |
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3,267 |
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— |
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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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(1,339 |
) |
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(2,261 |
) |
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922 |
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