GE 2002 Annual Report Download - page 18
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Please find page 18 of the 2002 GE annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.1940 1983
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2003
MOLECULAR IMAGING
HYDROGEN ENERGY
NANOTECHNOLOGY
ADVANCED PROPULSION
PHOTONICS
LIGHT/ENERGY CONVERSION
SILICONES
Dr. Eugene G. Rochow discovers
the direct process for making
methylchlorosilanes, a key building
block of all silicone products; GE begins
commercial production in 1944. In 1969,
astronauts step onto the moon in boots
made of GE Silicones materials.
2002 Silicones revenues: $1.2 billion
JET ENGINE
GE develops first U.S.
jet engine.
MEET THE PRESS
The first weekly news show, now the
longest-running program in the history of
television, debuts on NBC. NBC follows with
Texaco Star Theater, TV’s first runaway hit, in
1948; Today, first early-morning network
news show, in 1952; and The Tonight Show,
the first network late-night talk show, in 1954.
PLASTICS
Seeking improved wire enamel, Daniel W.
Fox develops LEXAN®polycarbonate resin —
a transparent plastic of unsurpassed impact
resistance. LEXAN resins have contributed
to revolutions in product design in virtually
every industry. Plastics follows LEXAN with
NORYL®, ULTEM®, GELOY®and other
pioneering plastics molecules.
2002 LEXAN revenues: $2.5 billion
Insurance
LONG-TERM CARE
Fireman’s Fund pioneers
long-term care insurance;
becomes part of GE in 1995.
2002 Insurance
revenues: $23.3 billion
CT
GE develops fan-beam computed
tomography, creating detailed
pictures of areas inside the body from
multiple images, or “slices.”
2002 CT revenues: $1.2 billion
WORLD ENGINE
CFMI, GE’s joint company with Snecma,
introduces the CFM56™jet engine that
now powers more than one quarter of
the world’s commercial fleet.
GE’s share of 2002 CFM56™
revenues: $3.8 billion
MRI
Global Research and Medical
Systems develop high field
magnetic resonance imaging.
2002 MR revenues: $1.3 billion
REGIONAL JETS
GE introduces its first engine
for regional jets, the CF34.
2002 CF34 orders: 5,000
E-BUSINESS
GE Plastics launches the
Company’s first website, making
GE the first non-computer Fortune
500 company to go online.
GE90®
GE introduces its first
version of the GE90; today’s
GE90-115B is the world’s most
powerful jet engine.
GE90 orders as of 2002:
$7.5 billion+
DIGITAL X-RAY
GE Innova 4100 introduced;
device produces cardiovascular
images with unsurpassed detail
and clarity.
2002 digital imaging revenues:
$330 million
LEXAN®SLX
Plastics develops a color-infused
resin that can replace paint on cars.
PATENTS: 70,000
AIRCRAFT ENGINES MADE: 120,000
LOCOMOTIVES MADE: 37,000
POWER TURBINES MADE: 25,000
POUNDS OF LEXAN SHIPPED: 21 billion
LIGHT BULBS MADE (U.S.): 60 billion
REFRIGERATORS MANUFACTURED: 150 million
X-RAYS TAKEN: 2.5 billion
LOANS TO BUSINESSES (SINCE 1992): $780 billion
CREDIT CARDS ACTIVE: 100 million
LONG-TERM CARE POLICIES SOLD: 1 million
TODAY SHOWS BROADCAST: 13,000
TONIGHT SHOWS BROADCAST: 12,000
MEET THE PRESS BROADCASTS: 2,500
PEOPLE EMPLOYED (1892-2002):2.25 million
NET INCOME GENERATED: $230 billion
DIVIDENDS TO SHARE OWNERS: $110 billion
Equipment Management
RAILROAD CARS
GE acquires railcar services firm
NACC and begins expansion of
equipment leasing business.
2002 Equipment Management
revenues: $4.3 billion
2003+
H SYSTEM™
Test operations of first H
System, designed for 60%
thermal efficiency, begins at
Baglan Bay, Wales.
EVOLUTION
Fuel-efficient GE Evolution
Series locomotives, which
comply with 2005 U.S.
environmental regulations,
begin test operations.
DIGITAL HOSPITAL
Indianapolis Heart Hospital
becomes first hospital with
all-digital, real-time electronic
patient records, including
medical images, accessible to
physicians anywhere in
the hospital.
The 126th year won’t be any different…
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By the numbers
*In today’s dollars. All figures are best estimates from available historical data.