GE 1Q’14 supplemental information • • • • • • • • • • • • GE Capital segment results GE Capital segment assets GE Capital nonaccrual/net charge-offs GECC funding GECC leverage ratio GECC tier 1 common ratio estimate GE Capital ending net investment GE Capital reserves Operating earnings & EPS GE Industrial CFOA from continuing operations GE Industrial segment organic revenue growth GE effective tax rate (ex. GECC) Imagination at work. GE Capital segment results ($ in millions – net earnings) 1Q’14 1Q’13 V% $564 $398 42% Consumer 786 534 47 Real Estate 239 690 (65) GECAS 352 348 1 EFS 153 83 84 GECC Corporate (161) (115 ) (40) CLL GE Capital $1,933 $1,938 –% 2 GE Capital segment assets ($ in billions) 1Q’14 1Q’13 $175.1 $175.8 Consumer 131.7 136.4 (3) Real Estate 38.2 42.8 (11) GECAS 45.1 48.9 (8) EFS 15.9 18.6 (14) 103.0 104.2 (1) $509.0 $526.7 CLL GECC Corporate GE Capital V% –% (3)% 3 GE Capital nonaccrual/net charge-offs ($ in millions) Nonaccrual assets/nonaccrual % fin. rec. Total net charge-offs/net charge-offs % fin. rec. 1Q’14 1Q’14 CLL 4Q’13 1Q’13 $2,654 2.32% $2,734 2.35% $3,886 3.28% 2,383 11.78 2,551 12.82 4,417 22.38 GECAS 275 3.11 - - GECAS EFS 43 1.56 4 0.13 - 2,566 2.42 2,620 2.40 4,057 3.73 - 6 1.89 14 3.07 Real Estate Consumer GECC Corporate GE Capital $7,921 3.14% $7,915 3.07% $12,374 4.71% CLL Real Estate $213 0.74% 4Q’13 $185 0.64% 1Q’13 $199 0.66% 4 0.08 28 0.58 29 0.57 - - - EFS 1 0.14 - - Consumer 803 2.99 1,227 4.47 773 2.77 - - 1 0.85 GECC Corporate GE Capital $1,021 1.60% $1,440 2.23% $1,002 1.50% 4 GECC funding ($ in billions) Debt composition –a) Non-recourse Securitization $385 30 Unsecured term issuances $371 $365-b) 30 29 $32 $32 $5 LT debt Deposits/CDs Alternative funding/other Comm’l. paper Bank lines CP coverage Cash & equiv. LT debt <1yr. 241 234 232 49 26 39 53 25 29 55 24 25 1Q'13 4Q'13 1Q'14 $48 100%+ $68 $35 $48 100%+ $75 $39 $47 100%+ $75 $41 '12 '13 '14YTD • Completed $5B of LT debt issuance in 3 currencies • Liquidity in the global CP markets continues to be strong • Deposits/CDs and other alternative funding ~22% of total debt, securitization ~8% • Liquidity position remains strong (a - Continuing operations (b - Includes ~$1.1B YTD FX impact and ~$0.9B YTD FAS 133 5 GECC leverage ratio -a) ($ in billions) As reported Debt Equity-b) Leverage ratio Debt Less: hybrid debt Less: cash & equiv. Adjusted debt Equity-b) Add: hybrid debt Adjusted equity Adjusted leverage ratio 1Q’14 4Q’13 1Q’13 $365.2 84.6 $371.4 82.7 $385.6 83.9 4.3 4.5 4.6 365.2 (7.7 ) (75.4 ) 282.1 371.4 (7.7) (75.1) 288.5 385.6 (7.7 ) (67.8 ) 310.1 84.6 7.7 92.3 82.7 7.7 90.4 83.9 7.7 91.6 3.1 3.2 3.4 (a - Includes discontinued operations for all periods (b - Total equity ex. non-controlling interests 6 GECC tier 1 common ratio estimate-a) ($ in billions) As reported Shareowners’ equity-b) - Preferred equity - Intang. & GW - Unr. G/(L) on invt. & hdg. - Other additions/(deductions) Tier 1 common Estimated risk weighted assets-c) 1Q’14 4Q’13 3Q’13 2Q’13 1Q’13 $84.6 $82.7 $84.1 $84.2 $83.9 (4.9 ) (27.6 ) (0.6 ) (0.7 ) (4.9 ) (27.4 ) (0.0 ) (0.3 ) (4.9) (27.9 ) 0.1 (0.8 ) (4.9) (28.0 ) 0.3 (0.8) (4.0) (28.2 ) (0.1) (0.7 ) 50.8 50.1 50.6 50.8 50.9 444.4 447.2 446.2 454.4 458.9 Tier 1 common ratio 11.4% 11.2% 11.3% 11.2% 11.1% Tangible Common Equity/Tangible Assets 10.8% 10.3% 10.4% 10.4% 10.3% (a - Includes discontinued operations for all periods (b - Total equity ex. non-controlling interests (c - Based on Basel 1 RWA estimates 7 GE Capital ending net investment ($ in billions) 1Q’14 4Q’13 3Q’13 2Q’13 1Q’13 $510.4 $516.8 $520.7 $521.1 $529.5 (1.4) (2.3) (2.6) (2.8) (2.8) Less: non-interest bearing liabilities & others (60.0) (59.3) (58.0) (58.5) (57.8) GE Capital ENI 449.0 455.2 460.1 459.8 468.9 Less: cash & equivalents (75.3) (74.9) (76.3) (69.5) (67.7) GE Capital ENI (ex. cash) $373.7 $380.3 $383.8 $390.3 $401.2 GECC total assets Less: assets of discontinued operations 8 GE Capital reserves ($ in billions) Allowances for losses $5.3 $5.2 $5.1 Commercial 1.3 1.2 1.1 Consumer 4.0 4.0 4.1 1Q'13 4Q'13 1Q'14 2.02% 43% 2.01% 65% 2.04% 65% Coverage: Reserves Nonaccrual Note: Reserve components are calculated independently. As a result, the sum of the individually displayed amounts may not equal the total. 9 Operating earnings & EPS ($ in millions except earnings per share) Earnings from continuing operations attributable to GE Adjustment (net of tax): non-operating pension costs/(income) Operating earnings 1Q’14 1Q’13 V% $2,987 $3,647 (18)% 342 423 $3,329 $4,070 (18)% $0.29 $0.35 (17)% .03 .04 $0.33 $0.39 Earnings per share – diluted-a) Continuing earnings per share Adjustment (net of tax): non-operating pension costs/(income) Operating earnings per share (15)% (a - Earnings per share amounts are computed independently. As a result, the sum of per share amounts may not equal the total. 10 GE Industrial CFOA from continuing operations ($ in millions) Cash from GE’s operating activities as reported Less GECC dividends Industrial CFOA; Cash from GE’s operating activities excluding dividends from GECC 1Q’14 1Q’13 $1,750 $200 500 – $1,250 $200 V% F F 11 GE Industrial segment organic revenue growth ($ in millions except earnings per share) Industrial segment revenue Less the effects of: Acquisitions, business dispositions (other than dispositions of businesses acquired for investment) & currency exchange rates Industrial segment revenues excluding the effects of acquisitions, business dispositions (other than dispositions of businesses acquired for investment), currency exchange rates 1Q’14 1Q’13 V% $24,549 $22,674 8% 438 317 $24,111 $22,357 8% 12 GE effective tax rate (ex. GECC) ($ in millions) 1Q’14 1Q’13 GE earnings from continuing operations before income taxes $3,247 $4,044 Less GECC earnings from continuing ops. attributable to the company 1,933 1,938 $1,314 $2,106 $318 $424 Adjusted earnings from continuing ops. before income taxes GE (ex. GECC) provision for income taxes – continuing ops. Effective tax rate GE (ex. GECC) 24% 20% 13