GE 4Q`14 supplemental information

GE EPG
supplemental information
• GE Industrial segment organic revenue growth
• Corporate operating profit (cost)
• Industrial return on total capital (ROTC)
Imagination at work.
GE Industrial segment organic revenue growth
($ in millions)
TY'14
TY'13
V%
$109,902
$103,602
6%
1,871
2,175
Industrial segment revenues excluding the
effects of acquisitions, business dispositions
(other than dispositions of businesses
acquired for investment), currency
exchange rates
$108,031
$101,427
Industrial segment revenue
Less the effects of:
Acquisitions, business dispositions
(other than dispositions of businesses
acquired for investment) & currency
exchange rates
7%
2
Corporate operating profit (cost)
($ in millions)
TY'13
NBCU/NBCU LLC
TY'14
$1,528
$-
447
91
Principal retirement plans-a)
(3,222)
(2,313)
Restructuring and other charges
(1,992)
(1,788)
Other Corporate costs & eliminations
(2,763)
(2,215)
Total Corporate costs (continuing)
(6,002)
(6,225)
Less: Non-operating pension cost
(2,624)
(2,120)
Total Corporate (operating)
(3,378)
(4,105)
(17)
(1,697)
($3,361)
($2,408)
Gains (losses) on disposed businesses
Less: NBCU, restructuring & other, and gains
Adjusted Total Corporate (operating)
(a - includes non-operating pension
3
Industrial return on total capital (ROTC)
($ in millions)
Earnings from continuing operations
4Q'14
TY'14
$14,454
Less GECC earnings from continuing operations
6,500
Plus GE after-tax interest-a)
1,026
Adjusted Industrial return
$8,980
Average GE shareholders’ equity, excluding discontinued ops.-b)
Less average GECC shareholders’ equity, excluding discontinued ops.-c)
Average Industrial shareholders’ equity, excluding discontinued ops.
Plus average debt
Plus other, net
Adjusted Industrial capital
Industrial ROTC
(a- GE interest at a 35% tax rate
(b- On an annual basis, calculated using a five-point average
(c- Includes average non-controlling interests, calculated using a five-point average
partially offset by the estimated value of assets held by GE to support GECC
$95,411
48,733
$46,678
15,770
1,743
$64,191
14.0%
4