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Sort by: 2006 | 2005 | 2004 | General Electric Company and consolidated affiliates | GE | GECS
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2005 |
| 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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1,950 |
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— |
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|
1,950 |
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| 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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8,537 |
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2,501 |
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6,036 |
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| Net earnings retained by GECS |
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— |
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|
239 |
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— |
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| Deferred income taxes |
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(940 |
) |
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(287 |
) |
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(653 |
) |
| Decrease (increase) in GE receivables |
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(974 |
) |
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(266 |
) |
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— |
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| Decrease (increase) in inventories |
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(578 |
) |
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(608 |
) |
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30 |
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| Increase (decrease) in accounts payable |
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245 |
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|
983 |
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(397 |
) |
| Increase (decrease) in GE progress collections |
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510 |
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|
510 |
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— |
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| Provision for losses on GECS financing receivables |
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3,841 |
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— |
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3,841 |
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| All other operating activities |
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3,362 |
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1,826 |
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1,403 |
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| Cash from operating activities — continuing operations |
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32,664 |
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21,609 |
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19,787 |
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| Cash from (used for) operating activities — discontinued operations |
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5,027 |
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— |
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5,027 |
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| CASH FROM OPERATING ACTIVITIES |
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37,691 |
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21,609 |
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24,814 |
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| CASH FLOWS — INVESTING ACTIVITIES |
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| Additions to property, plant and equipment |
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(14,381 |
) |
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(2,812 |
) |
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(11,629 |
) |
| Dispositions of property, plant and equipment |
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6,027 |
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— |
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6,027 |
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| Net increase in GECS financing receivables |
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(16,400 |
) |
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— |
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(16,954 |
) |
| Proceeds from sales of discontinued operations |
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8,106 |
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— |
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8,106 |
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| Proceeds from principal business dispositions |
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481 |
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272 |
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209 |
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| Payments for principal businesses purchased |
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(11,498 |
) |
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(4,331 |
) |
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(7,167 |
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| All other investing activities |
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(1,701 |
) |
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430 |
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(2,706 |
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| Cash used for investing activities — continuing operations |
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(29,366 |
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(6,441 |
) |
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(24,114 |
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| Cash used for investing activities — discontinued operations |
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(5,733 |
) |
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— |
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(5,733 |
) |
| CASH USED FOR INVESTING ACTIVITIES |
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(35,099 |
) |
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(6,441 |
) |
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(29,847 |
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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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(4,600 |
) |
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(392 |
) |
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(4,044 |
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| Newly issued debt (maturities longer than 90 days) |
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66,523 |
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1,704 |
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65,054 |
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| Repayments and other reductions (maturities longer than 90 days) |
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(53,133 |
) |
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(3,424 |
) |
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(49,709 |
) |
| Net dispositions (purchases) of GE shares for treasury |
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(4,844 |
) |
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(4,844 |
) |
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— |
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| Dividends paid to shareowners |
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(9,352 |
) |
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(9,352 |
) |
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(7,816 |
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| All other financing activities |
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(1,128 |
) |
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— |
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(1,128 |
) |
| Cash from (used for) financing activities — continuing operations |
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(6,534 |
) |
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(16,308 |
) |
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2,357 |
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| Cash from (used for) financing activities — discontinued operations |
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415 |
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— |
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|
415 |
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| CASH FROM (USED FOR) FINANCING ACTIVITIES |
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(6,119 |
) |
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(16,308 |
) |
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2,772 |
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| INCREASE (DECREASE) IN CASH AND EQUIVALENTS DURING YEAR |
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(3,527 |
) |
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(1,140 |
) |
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(2,261 |
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| Cash and equivalents at beginning of year |
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15,328 |
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3,155 |
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12,367 |
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| Cash and equivalents at end of year |
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11,801 |
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2,015 |
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10,106 |
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| Less cash and equivalents of discontinued operations at end of year |
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2,976 |
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— |
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2,976 |
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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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(3,254 |
) |
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(1,829 |
) |
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(1,425 |
) |
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