GE 2015 Annual Report Download - page 136

OTHER FINANCIAL DATA
108 GE 2015 FORM 10-K
OTHER FINANCIAL DATA
SELECTED FINANCIAL DATA
(Dollars in millions; per-share amounts in dollars) 2015 2014 2013 2012 2011
General Electric Company and Consolidated Affiliates
Revenues and other income $ 117,386 $ 117,184 $ 113,245 $ 112,588 $ 110,062
Earnings from continuing operations attributable to the Company 1,681 9,535 7,618 8,646 9,113
Earnings (loss) from discontinued operations, net of taxes,
attributable to the Company (7,807) 5,698 5,439 4,995 5,039
Net earnings (loss) attributable to the Company (6,126) 15,233 13,057 13,641 14,152
Dividends declared(a) 9,161 8,948 8,060 7,372 7,498
5HWXUQRQDYHUDJH*(VKDUHRZQHUV¶HTXLW\E 1.6 % 10.8 % 9.5 % 10.9 % 10.7 %
Per common share
Earnings from continuing operations ± diluted $ 0.17 $ 0.94 $ 0.74 $ 0.82 $ 0.76
Earnings (loss) from discontinued operations ± diluted (0.78) 0.56 0.53 0.47 0.47
Net earnings (loss) ± diluted (0.61) 1.50 1.27 1.29 1.23
Earnings from continuing operations ± basic 0.17 0.95 0.74 0.82 0.76
Earnings (loss) from discontinued operations ± basic (0.78) 0.57 0.53 0.47 0.48
Net earnings (loss) ± basic (0.62) 1.51 1.28 1.29 1.24
Dividends declared 0.92 0.89 0.79 0.70 0.61
Stock price range 31.49 -19.37 27.94-23.69 28.09-20.68 23.18-18.02 21.65-14.02
Year-end closing stock price 31.15 25.27 28.03 20.99 17.91
Cash and equivalents 70,483 70,025 79,175 68,225 77,018
Total assets of continuing operations 371,741 331,425 333,896 339,725 349,103
Total assets 492,692 654,954 663,247 691,492 723,907
Long-term borrowings 145,301 186,596 217,516 229,479 236,003
Common shares outstanding ± average (in thousands) 9,944,179 10,044,995 10,222,198 10,522,922 10,591,146
Common shareowner accounts ± average 470,000 490,000 512,000 537,000 570,000
Employees at year end
United States 125,000 136,000 135,000 134,000 131,000
Other countries 208,000 169,000 172,000 171,000 170,000
Total employees(c) 333,000 305,000 307,000 305,000 301,000
GE data
Short-term borrowings(d) $ 19,799 $ 3,872 $ 1,841 $ 6,041 $ 2,184
Long-term borrowings(d) 83,770 12,468 11,515 11,428 9,405
Redeemable noncontrolling interests 2,972 98 178 214 229
Noncontrolling interests 1,378 825 835 777 1,006
*(VKDUHRZQHUV¶HTXLW\ 98,274 128,159 130,566 123,026 116,438
Total capital invested $ 206,192 $ 145,422 $ 144,936 $ 141,486 $ 129,262
Industrial return on total capital(b)* 16.9 % 14.0 % 14.3 % 15.9 % 15.2 %
Borrowings as a percentage of total capital invested(b) 50.2 % 11.2 % 9.2 % 12.3 % 9.0 %
GE Capital data
Revenues $ 10,801 $ 11,320 $ 11,267 $ 11,268 $ 11,843
Earnings (loss) from continuing operations attributable to GE Capital (7,654) 1,532 699 1,368 1,469
Earnings (loss) from discontinued operations, net of taxes,
attributable to GE Capital (7,485) 5,860 5,540 4,901 5,144
Less net earnings (loss) attributable to noncontrolling interests,
discontinued operations 312 157 36 53 104
Net earnings (loss) attributable to GE Capital (15,450) 7,234 6,204 6,216 6,510
Net earnings (loss) attributable to GE Capital common shareowner (15,780) 6,912 5,906 6,092 6,510
GE Capital shareowners' equity 46,227 87,499 82,694 81,889 77,110
Total borrowings(e) 180,795 245,992 284,686 316,186 364,266
Ratio of debt to equity at GE Capital(f) 3.91:1 2.81:1 3.44:1 3.86:1 4.72:1
Total assets(g) $ 312,125 $ 500,589 $ 518,731 $ 539,844 $ 583,388
Transactions between GE and GE Capital have been eliminated from the consolidated information.
(a) Included $18 million of preferred stock dividends in 2015 and $1,031 million of preferred stock dividends ($806 million related to our preferred
stock redemption) in 2011.
(b) Indicates terms are defined in the Other Items and Measures section within the MD&A.
(c) For 2015, includes 55,500 employees as a result of the Alstom acquisition.
(d) Excluding assumed debt of GE Capital, GE total borrowings is $18,455 million.
(e) Included $85,114 million of GE Capital debt assumed by GE and maintained as intercompany payable to GE at December 31, 2015.
(f) Ratios of 2.62:1, 3.15:1, 3.58:1, 4.09:1, and 4.75:1 for 2015, 2014, 2013, 2012 and 2011, respectively, net of liquidity*. For purposes of these
ratios, cash and debt balances have been adjusted to include amounts classified as assets and liabilities of businesses held for sale and
discontinued operations.
(g) *(&DSLWDO¶VWRWDODVVHWVLQcludes deferred income tax liabilities, which are presented within assets for purposes of our consolidating balance
sheet presentation.
*Non-GAAP Financial Measure
108 GE 2015 FORM 10-K