GE 2014 Annual Report Download - page 68

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48 GE 2014 FORM 10-K
MD&A SEGMENT OPERATIONS | TRANSPORTATION
OPERATIONAL OVERVIEW
(Dollars in billions)
2014 GEOGRAPHIC REVENUES: $5.7 BILLION ORDERS
2014 SUB-SEGMENT REVENUES BACKLOG
EQUIPMENT/SERVICES REVENUES UNIT SALES
SIGNIFICANT TRENDS & DEVELOPMENTS
x Rail volume, especially in North America, continues to climb and the number of parked locomotives remains low.
x North American locomotives competition remains strong, but GE is positioned with the only locomotive currently available
meeting the U.S. EPA’s highest (Tier 4) emission standards. We expect U.S. growth to be driven by early demand for Tier
4 locomotives.
x Continued global mining softness has resulted in delayed capital expenditures in the mining industry.
x During the fourth quarter of 2014, we signed an agreement to sell our Signaling business to Alstom for approximately $0.8
billion.
Equipment
Services
Equipment
Services
Services Equipment