GE 2007 Annual Report Download - page 108

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106 ge 2007 annual report
Our Businesses
A description of operating segments for General Electric Company
and consolidated affi liates as of December 31, 2007, and the basis
for presentation in this report, follows.
Infrastructure
Jet engines, aerospace systems and equipment, replacement
parts and repair and maintenance services for all categories of
commercial aircraft; for a wide variety of military aircraft, includ-
ing fi ghters, bombers, tankers and helicopters; for marine appli-
cations; and for executive and regional aircraft. Products and
services are sold worldwide to airframe manufacturers, airlines
and government agencies.
Transportation products and maintenance services, including
diesel electric locomotives, transit propulsion equipment, motor-
ized wheels for off-highway vehicles, gearing technology for wind
turbines, drill motors, marine and stationary power generation,
and railway signaling and offi ce systems.
Financial products to airlines, aircraft operators, owners, lenders
and investors, including leases, aircraft purchasing and trading,
loans, engine/spare parts fi nancing, fl eet planning and fi nancial
advisory services.
Power plant products and services, including design, installation,
operation and maintenance services are sold into global markets.
Gas, steam and aeroderivative turbines, generators, combined
cycle systems, controls and related services, including total asset
optimization solutions, equipment upgrades and long-term main-
tenance service agreements are sold to power generation and
other industrial customers. Renewable energy solutions include
wind turbines and solar technology. Advanced technology equip-
ment, principally compressors and turbines, and associated
services (including pipeline inspection and integrity solutions) for
applications across the oil and gas industry from the wellhead
through distribution by pipeline. The acquisition of Vetco Gray
has added products, systems and services for on-shore and off-
shore drilling, completion and production to the portfolio.
Water treatment services and equipment, including specialty
chemical treatment programs, water purifi cation equipment,
mobile treatment systems and desalination processes.
Financial products to the global energy and water industries
include structured and common equity, debt, leasing, project
fi nance, broad-based commercial fi nance and investments in
operating leases.
Commercial Finance
Loans, leases and other fi nancial services to customers, includ-
ing manufacturers, distributors and end-users for a variety of
equipment and major capital assets. These assets include indus-
trial-related facilities and equipment; commercial and residential
real estate; vehicles; corporate aircraft; and equipment used in
many industries, including the construction, manufacturing,
transportation, telecommunications and healthcare industries.
GE Money
Private-label credit cards; personal loans; bank cards; auto loans
and leases; mortgages; debt consolidation; home equity loans;
corporate travel and purchasing cards; deposits and other savings
products; small and medium enterprise lending; and credit insur-
ance on a global basis.
Healthcare
Diagnostic imaging systems such as magnetic resonance (MR),
computed tomography (CT) and positron emission tomography
(PET) scanners, X-ray, nuclear imaging and ultrasound. Patient
monitoring, diagnostic cardiology, bone densitometry, anesthesia,
oxygen therapy, neonatal and critical care devices. Related services,
including equipment monitoring and repair, information technol-
ogies and customer productivity services. Diagnostic imaging
agents used in medical scanning procedures, products used in
the purifi cation of biopharmaceuticals, and tools for protein and
cellular analysis for pharmaceutical and academic research.
Products and services are sold worldwide to hospitals, medical
facilities, pharmaceutical and biotechnology companies, and to
the life science research market.
NBC Universal
Principal businesses are the broadcast of U.S. network television,
production and distribution of motion pictures and television
programs, operation of 26 television stations, operation of cable/
satellite television networks around the world, operation of theme
parks, and investment and programming activities in digital media
and the Internet.
Industrial
Major appliances and related services for products such as refrig-
erators, freezers, electric and gas ranges, cooktops, dishwashers,
clothes washers and dryers, microwave ovens, room air condi-
tioners and residential water system products. These products are
distributed both to retail outlets and direct to consumers, mainly
for the replacement market, and to building contractors and
distributors for new installations. Lighting products include a wide
variety of lamps and lighting fi xtures, including light-emitting
diodes. Electrical distribution and control equipment includes power
delivery and control products such as transformers, meters and
relays. Products and services are sold in North America and in
global markets under various GE and private-label brands.
Measurement equipment (products and subsystems for sens-
ing temperature, fl ow rates, humidity, pressure and inspection
equipment that monitors and tests materials without disassembly
or damaging them). Security equipment and systems, including
intrusion and access control systems, video surveillance and sen-
sor monitoring equipment, integrated facility monitoring systems
and explosive detection systems. A broad range of automation
hardware and software. Markets are extremely diverse. Products
and services are sold to residential, commercial and industrial
end-users, including utilities; original equipment manufacturers;
electrical distributors; retail outlets; airports; railways; and transit
authorities. Increasingly, products and services are developed for
and sold in global markets.