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110 GE 2009 ANNUAL REPORT
    
Note 25.
Supplemental Cash Flows Information
Changes in operating assets and liabilities are net of acquisitions and dispositions of principal businesses.
Amounts reported in the “Payments for principal businesses purchased” line in the Statement of Cash Flows is net of cash acquired
and included debt assumed and immediately repaid in acquisitions.
Amounts reported in the “All other operating activities” line in the Statement of Cash Flows consists primarily of adjustments to
current and non-current accruals and deferrals of costs and expenses, adjustments for gains and losses on assets and adjustments
to assets. In 2009, GECS had non-cash transactions related to foreclosed properties and repossessed assets totaling $1,364 million.
In 2008, GE received $300 million (12.7 million shares) worth of its shares in connection with the disposition of NBC Universal’s 57%
interest in the Sundance Channel. There were no significant non-cash transactions in 2007.
Certain supplemental information related to GE and GECS cash flows is shown below.
December 31 (In millions) 2009 2008 2007
GE
NET DISPOSITIONS (PURCHASES) OF GE SHARES FOR TREASURY
Open market purchases under share repurchase program $ (85) $ (3,222) $ (13,896)
Other purchases (129) (286) (1,017)
Dispositions 837 2,259 2,594
$ 623 $ (1,249) $ (12,319)
GECS
ALL OTHER OPERATING ACTIVITIES
Net change in other assets $ (330) $ (1,461) $ (1,507)
Amortization of intangible assets 922 994 879
Realized losses (gains) on investment securities 473 1,260 (885)
Cash collateral on derivative contracts (6,858) 7,769 —
Change in other liabilities (5,078) (3,255) 3,378
Other 217 3,201 (2,404)
$ (10,654) $ 8,508 $ (539)
NET DECREASE (INCREASE) IN GECS FINANCING RECEIVABLES
Increase in loans to customers $(279,211) $(411,913) $(408,611)
Principal collections from customers — loans 285,175 363,455 322,074
Investment in equipment for financing leases (9,509) (21,671) (26,489)
Principal collections from customers — financing leases 17,450 20,159 20,868
Net change in credit card receivables (28,508) (34,498) (38,405)
Sales of financing receivables 58,555 67,093 86,399
$ 43,952 $ (17,375) $ (44,164)
ALL OTHER INVESTING ACTIVITIES
Purchases of securities by insurance activities $ (3,106) $ (4,190) $ (13,279)
Dispositions and maturities of securities by insurance activities 3,962 4,690 15,602
Other assets — investments (288) (205) (10,218)
Change in other receivables 791 3,331 (2,456)
Other (3,045) 2,353 1,621
$ (1,686) $ 5,979 $ (8,730)
NEWLY ISSUED DEBT HAVING MATURITIES LONGER THAN 90 DAYS
Short-term (91 to 365 days) $ 5,801 $ 34,445 $ 1,226
Long-term (longer than one year) 75,337 81,559 90,428
Proceeds — nonrecourse, leveraged lease 48 113 24
$ 81,186 $ 116,117 $ 91,678
REPAYMENTS AND OTHER REDUCTIONS OF DEBT HAVING MATURITIES LONGER THAN 90 DAYS
Short-term (91 to 365 days) $ (77,444) $ (66,015) $ (43,937)
Long-term (longer than one year) (5,379) (462) (4,530)
Principal payments — nonrecourse, leveraged lease (680) (637) (1,109)
$ (83,503) $ (67,114) $ (49,576)
ALL OTHER FINANCING ACTIVITIES
Proceeds from sales of investment contracts $ 7,840 $ 11,433 $ 12,641
Redemption of investment contracts (10,713) (13,304) (13,862)
Other 182 9 17
$ (2,691) $ (1,862) $ (1,204)