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GENERAL ELECTRIC CO (GE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues          
Sales         74,510.0
    Total revenues  76,555.074,196.075,833.090,221.097,012.099,279.0119,469.0117,386.0
            Total revenues growth  3.2%-2.2%-15.9%-7.0%-2.3%-16.9%1.8%0.2%
Costs and expenses          
Selling, general and administrative expenses  12,781.011,716.012,628.013,806.014,643.014,257.017,756.017,831.0
Interest and other financial charges  -1,607.0-1,876.0-2,068.0-2,927.0-4,766.0-4,655.0-5,025.0-3,463.0
Insurance losses, annuity benefits and other costs (Note 12)  2,734.02,410.02,519.0     
Non-operating benefit cost (income)  -532.01,782.02,430.0     
    Total costs and expenses  76,375.080,702.081,259.092,754.0120,320.0112,707.0116,577.0109,200.0
Other income (loss) (Note 19)  1,231.02,823.011,396.0 2,321.0 4,140.02,227.0
    Earnings (loss) from continuing operations before income taxes  1,412.0-3,683.05,970.0-54.0-20,987.0-11,345.07,031.08,186.0
Provision (benefit) for income taxes (Note 15)  -476.0-286.0487.0-552.0-93.0-2,808.0-1,133.06,485.0
    Earnings (loss) from continuing operations  936.0-3,396.06,457.0-606.0-21,080.0-8,536.08,165.01,700.0
Earnings (loss) from discontinued operations, net of taxes (Note 2)  -644.0-3,195.0-911.0-4,306.0-1,363.0-312.0-954.0-7,495.0
    Net earnings (loss)  1,228.0-6,591.012,003.0-4,912.0-22,443.0-8,849.015,376.0-5,795.0
Less net earnings (loss) attributable to noncontrolling interests  67.0-71.0-158.066.0-89.0-365.0-289.0332.0
    Net earnings (loss) attributable to the Company  225.0-6,520.05,704.0-4,979.0-22,355.0-8,484.07,500.0-6,126.0
Preferred stock dividends  -289.0-237.0-474.0-460.0-447.0-436.0-656.0-18.0
    Net earnings (loss) attributable to GE common shareholders  -64.0-6,757.05,230.0-5,439.0-22,802.0-8,920.06,845.0-6,145.0
   
Amounts attributable to GE common shareholders          
Earnings (loss) from continuing operations  936.0-3,396.06,457.0-606.0-21,080.0-8,536.08,165.01,700.0
Less net earnings (loss) attributable to noncontrolling interests, continuing operations  67.0-71.0-158.07.0-90.0-283.0-288.019.0
    Earnings (loss) from continuing operations attributable to the Company  869.0-3,325.06,615.0-613.0-20,991.0-8,253.07,797.01,663.0
Preferred stock dividends  -289.0-237.0-474.0-460.0-447.0-436.0-656.0-18.0
Earnings (loss) from discontinued operations attributable to GE common shareholders  -644.0-3,195.0-911.0-4,366.0-1,364.0-231.0-952.0-7,807.0
    Net earnings (loss) attributable to GE common shareholders  -64.0-6,757.05,230.0-5,439.0-22,802.0-8,920.06,845.0-6,145.0
   
Earnings (loss) per share from continuing operations (Note 18)          
Diluted earnings (loss) per share (in dollars per share)  0.00.00.00.00.00.00.00.0
Basic earnings (loss) per share (in dollars per share)  0.00.00.00.00.00.00.00.0
   
Net earnings (loss) per share (Note 18)          
Diluted earnings (loss) per share (in dollars per share)  ($0.05)($6.16)$4.63($4.99)($2.62)($1.03)$0.75($0.61)
Basic earnings (loss) per share (in dollars per share)  ($0.06)($6.16)$4.63($4.99)($2.62)($1.03)$0.76($0.62)

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