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Sort by: 2006 | 2005 | 2004 | General Electric Company and consolidated affiliates | GE | GECS
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2006 |
| 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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(163 |
) |
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— |
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(163 |
) |
| 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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2,624 |
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6,534 |
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| Net earnings retained by GECS |
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— |
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(811 |
) |
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— |
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| Deferred income taxes |
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1,950 |
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|
842 |
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1,108 |
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| Decrease (increase) in GE current receivables |
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(2,152 |
) |
|
813 |
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— |
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| Decrease (increase) in inventories |
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(1,779 |
) |
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(1,756 |
) |
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(23 |
) |
| Increase (decrease) in accounts payable |
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(119 |
) |
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392 |
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(1 |
) |
| Increase (decrease) in GE progress collections |
|
926 |
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|
926 |
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— |
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| Provision for losses on GECS financing receivables |
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3,839 |
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— |
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3,839 |
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| All other operating activities |
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530 |
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|
768 |
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(41 |
) |
| Cash from operating activities — continuing operations |
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33,019 |
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24,627 |
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21,911 |
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| Cash from (used for) operating activities — discontinued operations |
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(2,373 |
) |
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— |
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(2,373 |
) |
| CASH FROM OPERATING ACTIVITIES |
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30,646 |
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24,627 |
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19,538 |
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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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(3,637 |
) |
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(13,184 |
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| Dispositions of property, plant and equipment |
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6,799 |
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— |
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6,799 |
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| Net increase in GECS financing receivables |
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(38,134 |
) |
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— |
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(41,046 |
) |
| Proceeds from sales of discontinued operations |
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9,022 |
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— |
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9,022 |
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| Proceeds from principal business dispositions |
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3,870 |
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3,484 |
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386 |
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| Payments for principal businesses purchased |
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(11,652 |
) |
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(4,353 |
) |
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(7,299 |
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| All other investing activities |
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(4,274 |
) |
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(11 |
) |
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(5,555 |
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| Cash used for investing activities — continuing operations |
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(51,019 |
) |
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(4,517 |
) |
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(50,877 |
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| Cash used for investing activities — discontinued operations |
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(383 |
) |
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— |
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(383 |
) |
| CASH USED FOR INVESTING ACTIVITIES |
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(51,402 |
) |
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(4,517 |
) |
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(51,260 |
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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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4,582 |
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1,292 |
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6,461 |
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| Newly issued debt (maturities longer than 90 days) |
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88,362 |
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130 |
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88,278 |
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| Repayments and other reductions (maturities longer than 90 days) |
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(49,346 |
) |
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(93 |
) |
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(49,253 |
) |
| Net dispositions (purchases) of GE shares for treasury |
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(8,554 |
) |
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(8,554 |
) |
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— |
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| Dividends paid to shareowners |
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(10,420 |
) |
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(10,420 |
) |
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(9,847 |
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| All other financing activities |
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(1,174 |
) |
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— |
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|
(1,174 |
) |
| Cash from (used for) financing activities — continuing operations |
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23,450 |
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(17,645 |
) |
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34,465 |
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| Cash from (used for) financing activities — discontinued operations |
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(220 |
) |
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— |
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(220 |
) |
| CASH FROM (USED FOR) FINANCING ACTIVITIES |
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23,230 |
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(17,645 |
) |
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34,245 |
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| INCREASE (DECREASE) IN CASH AND EQUIVALENTS DURING YEAR |
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2,474 |
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2,465 |
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2,523 |
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| Cash and equivalents at beginning of year |
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11,801 |
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2,015 |
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10,106 |
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| Cash and equivalents at end of year |
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14,275 |
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4,480 |
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12,629 |
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| Less cash and equivalents of discontinued operations at end of year |
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— |
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— |
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— |
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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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(2,203 |
) |
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(666 |
) |
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