Total expenditures for research and development were $3,659 million, $3,425 million and $3,091 million in 2006, 2005 and 2004, respectively. The portion we funded was $2,969 million
in 2006, $2,741 million in 2005 and $2,443 million in 2004.
Rental expense under operating leases is shown below.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In millions) |
|
2006 |
|
|
2005 |
|
|
2004 |
|
| GE |
|
|
|
|
|
|
|
|
|
| GECS |
|
991 |
|
|
993 |
|
|
931 |
|
At December 31, 2006, minimum rental commitments under noncancellable operating leases aggregated $2,605 million and $4,016 million for GE and GECS, respectively. Amounts payable over the next five years follow.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In millions) |
|
2007 |
|
|
2008 |
|
|
2009 |
|
|
2010 |
|
|
2011 |
|
| GE |
|
$509 |
|
|
$434 |
|
|
$371 |
|
|
$311 |
|
|
$297 |
|
| GECS |
|
757 |
|
|
681 |
|
|
617 |
|
|
463 |
|
|
370 |
|
GE’s selling, general and administrative expenses totaled $13,841 million in 2006, $13,279 million in 2005 and $12,001 million in 2004.