GE 2012 Annual Report Download - page 73

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GE 2012 ANNUAL REPORT 71
statements of earnings, comprehensive income and changes in shareowners´ equit
GE (a) GECC
2012 2011 2010 2012 2011 2010
$ 73,304 $ 67,012 $ 60,344 $ 119 $ 148 $ 533
27,571 28,024 39,875 — — —
2,657 5,270 1,285 — ——
7,401 6,584 3,120 — — —
— — — 45,920 48,920 49,323
110,933 106,890 104,624 46,039 49,068 49,856
57,118 51,605 45,563 99 135 501
17,938 17,199 25,965 — — —
1,353 1,299 1,600 11,697 13,866 14,510
— — — 2,984 3,059 3,197
— — — 3,891 3,951 7,085
17,672 17,556 16,340 19,413 20,447 22,412
94,081 87,659 89,468 38,084 41,458 47,705
16,852 19,231 15,156 7,955 7,610 2,151
(2,013) (4,839) (2,024) (491) (899) 985
14,839 14,392 13,132 7,464 6,711 3,136
(1,038) (76) (969) (1,186) (74) (965)
13,801 14,316 12,163 6,278 6,637 2,171
160 165 519 63 127 16
13,641 14,151 11,644 6,215 6,510 2,155
— (1,031) (300) (123) — —
$ 13,641 $ 13,120 $ 11,344 $ 6,092 $ 6,510 $ 2,155
$ 14,679 $ 14,227 $ 12,613 $ 7,401 $ 6,584 $ 3,120
(1,038) (76) (969) (1,186) (74) (965)
$ 13,641 $ 14,151 $ 11,644 $ 6,215 $ 6,510 $ 2,155
(a) Represents the adding together of all affiliated companies except General Electric Capital
Corporation (GECC or financial services), which is presented on a one-line basis. See Note 1.
In the consolidating data on this page, “GE” means the basis of consolidation as described in Note 1
to the consolidated financial statements; “GECC” means General Electric Capital Corporation and all
of its affiliates and associated companies. Separate information is shown for “GE” and “GECC.”
Transactions between GE and GECC have been eliminated from the “General Electric Company and
consolidated affiliates” columns on the prior page.
Consolidated Statement of Changes in Shareowners’ Equity
(In millions) 2012 2011 2010
GE SHAREOWNERS’ EQUITY BALANCE AT JANUARY 1 $116,438 $118,936 $117,291
Increases from net earnings attributable to the Company 13,641 14,151 11,644
Dividends and other transactions with shareowners (7,372) (7,502) (5,162)
Other comprehensive income (loss) attributable to GE 3,744 (6,119) (2,325)
Net sales (purchases) of shares for treasury (2,802) 169 300
Changes in other capital (623) (3,197) (839)
Cumulative effect of changes in accounting principles (a) — — (1,973)
Ending balance at December 31 123,026 116,438 118,936
Noncontrolling interests 5,444 1,696 5,262
Total equity balance at December 31 $128,470 $118,134 $124,198
See Note 15 for further information about changes in shareowners’ equity.
(a) On January 1, 2010, we adopted amendments to Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 860, Transfers and Servicing, and
ASC 810, Consolidation, and recorded a cumulative effect adjustment. See Notes 15 and 24.
See accompanying notes.