10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
GENERAL ELECTRIC CO | ||
Ticker: GE Fiscal Year: 2013 | ||
Statement of Financial Position | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 27, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| Assets | ||
| Cash and equivalents | $ 88,555 | 77,268 |
| Investment securities | 43,981 | 48,510 |
| Current receivables | 21,388 | 19,902 |
| Inventories | 17,325 | 15,374 |
| Financing receivables - net | 241,940 | 257,238 |
| Other GECC receivables | 9,114 | 7,864 |
| Property, plant and equipment - net | 68,827 | 68,633 |
| Investment in GECC | 0 | 0 |
| Goodwill | 77,648 | 73,114 |
| Other intangible assets - net | 14,310 | 11,980 |
| All other assets | 70,808 | 101,644 |
| Deferred income taxes | 275 | (54) |
| Assets of businesses held for sale | 50 | 211 |
| Assets of discontinued operations | 2,339 | 3,315 |
| Total assets(a) | 656,560 [1] | 684,999 |
| Liabilities and equity | ||
| Short-term borrowings | 77,890 | 101,392 |
| Accounts payable, principally trade accounts | 16,471 | 15,654 |
| Progress collections and price adjustments accrued | 13,125 | 10,877 |
| Dividends payable | 2,220 | 1,980 |
| Other GE current liabilities | 13,381 | 14,895 |
| Non-recourse borrowings of consolidated securitization entities | 30,124 | 30,123 |
| Bank deposits | 53,361 | 46,200 |
| Long-term borrowings | 221,665 | 236,084 |
| Investment contracts, insurance liabilities and insurance annuity benefits | 26,544 | 28,268 |
| All other liabilities | 61,057 | 68,166 |
| Liabilities of businesses held for sale | 6 | 157 |
| Liabilities of discontinued operations | 3,933 | 2,733 |
| Total liabilities(a) | 519,777 | 556,529 |
| GECC preferred stock (50,000 and 40,000 shares outstanding at year-end 2013 and 2012, respectively) | 0 | 0 |
| Common stock (10,060,881,000 and 10,405,625,000 shares outstanding at year-end 2013 and 2012, respectively) | 702 | 702 |
| Accumulated other comprehensive income (loss) attributable to the Company(b) | ||
| Investment securities | 307 | 677 [2] |
| Currency translation adjustments | 126 | 412 |
| Cash flow hedges | (257) | (722) |
| Benefit plans | (9,296) | (20,597) |
| Other capital | 32,494 | 33,070 |
| Retained earnings | 149,051 | 144,055 |
| Less common stock held in treasury | (42,561) | (34,571) |
| Total Company shareowners' equity | 130,566 | 123,026 |
| Noncontrolling interests(c) | 6,217 [3] | 5,444 |
| Total equity | 136,783 | 128,470 |
| Total liabilities and equity | 656,560 | 684,999 |
| Legal Entity | ||
| Subsidiaries | ||
| Cash and equivalents | 13,682 | 15,509 |
| Investment securities | 323 | 74 |
| Current receivables | 10,970 | 9,274 |
| Inventories | 17,257 | 15,295 |
| Financing receivables - net | 0 | 0 |
| Other GECC receivables | 0 | 0 |
| Property, plant and equipment - net | 17,574 | 16,033 |
| Investment in GECC | 77,745 | 77,930 |
| Goodwill | 51,453 | 46,143 |
| Other intangible assets - net | 13,180 | 10,700 |
| All other assets | 23,708 | 39,534 |
| Deferred income taxes | 5,061 | 5,946 |
| Assets of businesses held for sale | 0 | 0 |
| Assets of discontinued operations | 9 | 9 |
| Total assets(a) | 230,962 | 236,447 |
| Short-term borrowings | 1,841 | 6,041 |
| Accounts payable, principally trade accounts | 16,353 | 14,259 |
| Progress collections and price adjustments accrued | 13,152 | 10,877 |
| Dividends payable | 2,220 | 1,980 |
| Other GE current liabilities | 13,381 | 14,896 |
| Non-recourse borrowings of consolidated securitization entities | 0 | 0 |
| Bank deposits | 0 | 0 |
| Long-term borrowings | 11,515 | 11,428 |
| Investment contracts, insurance liabilities and insurance annuity benefits | 0 | 0 |
| All other liabilities | 40,955 | 53,093 |
| Liabilities of businesses held for sale | 0 | 0 |
| Liabilities of discontinued operations | 143 | 70 |
| Total liabilities(a) | 99,560 | 112,644 |
| GECC preferred stock (50,000 and 40,000 shares outstanding at year-end 2013 and 2012, respectively) | 0 | 0 |
| Common stock (10,060,881,000 and 10,405,625,000 shares outstanding at year-end 2013 and 2012, respectively) | 702 | 702 |
| Investment securities | 307 | 677 |
| Currency translation adjustments | 126 | 412 |
| Cash flow hedges | (257) | (722) |
| Benefit plans | (9,296) | (20,597) |
| Other capital | 32,494 | 33,070 |
| Retained earnings | 149,051 | 144,055 |
| Less common stock held in treasury | (42,561) | (34,571) |
| Total Company shareowners' equity | 130,566 | 123,026 |
| Noncontrolling interests(c) | 836 | 777 |
| Total equity | 131,402 | 123,803 |
| Total liabilities and equity | 230,962 | 236,447 |
| Subsidiaries GECC | ||
| Cash and equivalents | 74,873 | 61,853 |
| Investment securities | 43,662 | 48,439 |
| Current receivables | 0 | 0 |
| Inventories | 68 | 79 |
| Financing receivables - net | 253,029 | 268,161 |
| Other GECC receivables | 16,513 | 13,891 |
| Property, plant and equipment - net | 51,607 | 52,967 |
| Investment in GECC | 0 | 0 |
| Goodwill | 26,195 | 26,971 |
| Other intangible assets - net | 1,136 | 1,287 |
| All other assets | 47,366 | 62,186 |
| Deferred income taxes | (4,786) | (6,000) |
| Assets of businesses held for sale | 50 | 211 |
| Assets of discontinued operations | 2,330 | 3,306 |
| Total assets(a) | 512,043 | 533,351 |
| Short-term borrowings | 77,298 | 95,940 |
| Accounts payable, principally trade accounts | 6,549 | 6,256 |
| Progress collections and price adjustments accrued | 0 | 0 |
| Dividends payable | 0 | 0 |
| Other GE current liabilities | 0 | 0 |
| Non-recourse borrowings of consolidated securitization entities | 30,124 | 30,123 |
| Bank deposits | 53,361 | 46,200 |
| Long-term borrowings | 210,279 | 224,776 |
| Investment contracts, insurance liabilities and insurance annuity benefits | 26,979 | 28,696 |
| All other liabilities | 20,531 | 15,943 |
| Liabilities of businesses held for sale | 6 | 157 |
| Liabilities of discontinued operations | 3,790 | 2,663 |
| Total liabilities(a) | 428,917 | 450,754 |
| GECC preferred stock (50,000 and 40,000 shares outstanding at year-end 2013 and 2012, respectively) | 0 | 0 |
| Common stock (10,060,881,000 and 10,405,625,000 shares outstanding at year-end 2013 and 2012, respectively) | 0 | 0 |
| Investment securities | 309 | 673 |
| Currency translation adjustments | (687) | (131) |
| Cash flow hedges | (293) | (746) |
| Benefit plans | (363) | (736) |
| Other capital | 32,563 | 31,586 |
| Retained earnings | 51,165 | 51,244 |
| Less common stock held in treasury | 0 | 0 |
| Total Company shareowners' equity | 82,694 | 81,890 |
| Noncontrolling interests(c) | 432 | 707 |
| Total equity | 83,126 | 82,597 |
| Total liabilities and equity | 512,043 | 533,351 |
| [3] (c) Included accumulated other comprehensive income attributable to noncontrolling interests of $(180) million and $(155) million at December 31, 2013 and 2012, respectively. | ||
| [1] (a) Our consolidated assets at December 31, 2013 include total assets of $47,367 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $41,420 million and investment securities of $3,830 million. Our consolidated liabilities at December 31, 2013 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolida | ||
| [2] (b) The sum of accumulated other comprehensive income attributable to GE was $(9,120) million and $(20,230) million at December 31, 2013 and 2012, respectively. | ||
| External Links | |
| GENERAL ELECTRIC CO (GE) Fiscal Year 2013 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |