GE 1Q’16 supplemental information • Orders & backlog by segment • Equipment orders • Equipment/service revenue by segment – 1Q’16 • GE Industrial segment organic revenue growth* • GE Industrial segment organic op profit growth* • GE Industrial organic op profit growth* • Power, Renewable Energy, & Energy Connections organic op profit growth* • Oil & Gas & Healthcare organic op profit growth* • Organic revenue by segment* • Power & Renewable Energy results ex. Alstom* • Units summary – orders • Units summary – sales • Regional summary • Alstom results & EPS impact • Corporate operating profit (cost)* • Industrial segment gross margins* • Industrial segment operating profit margins* • Industrial operating profit margins* • Operating earnings & EPS* • Industrial operating EPS* Imagination at work. • Industrial operating plus Verticals earnings & EPS* • Industrial operating plus Verticals earnings & EPS excluding gains & restructuring* • GAAP & Industrial Operating plus Verticals EPS* • GE effective tax rate (ex-GE Capital)* • Industrial CFOA from continuing operations* • Free cash flow* • GE Capital segment results • GE Capital segment assets • GE Capital funding • GE Capital leverage ratio* • GE Capital tier 1 common ratio estimate • Capital ending net investment* • GE Capital reserves • GE Capital Aircraft and Helicopter asset details • Non-GAAP supplemental information * Non-GAAP financial measures. See the following pages for reconciliations of these measures to the most directly comparable GAAP financial measures. Also see the Non-GAAP supplemental materials section for descriptions of non-GAAP financial measures and the reasons we believe that they provide useful information to investors. Orders & backlog by segment ($ in billions) 1Q'16 Orders $5.6 4.2 1.5 V% 66% 23 - 1Q'16 Backlog $77.8 62.6 15.2 V% 38% 11 - Renewable Energy - Core - Alstom 2.0 1.7 0.2 F 86 - 12.4 7.4 5.0 F 43 - Oil & Gas - Core - Alstom 2.4 2.4 0.0 (44) (45) - 22.6 22.4 0.1 (2) (3) - Energy Connections - Core - Alstom 2.7 1.4 1.2 27 (32) - 11.9 3.5 8.4 F (30) - Aviation 6.6 (12) 153.4 9 Healthcare 4.2 1 17.3 9 Transportation 0.7 (56) 21.1 (2) Infrastructure - Core - Alstom $23.5 20.5 3.0 1% (11) - $316.1 287.3 28.8 18% 7 - Power - Core - Alstom Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total 2 Equipment orders ($ in billions) Power - Core - Alstom Renewable Energy - Core - Alstom Oil & Gas - Core - Alstom-a) Energy Connections - Core - Alstom Aviation Healthcare Transportation Infrastructure - Core - Alstom 2Q'15 $1.8 V% 40% 3Q'15 $1.7 V% 13% 2.0 24 1.7 2 2.2 (14) 1.1 (61) 1.5 6 1.6 6 4.0 2.7 0.5 37 (3) (19) 2.8 2.6 0.1 (58) (5) (95) $14.5 11% $11.2 (43)% (36) (5) F 1Q'16 $1.8 1.4 0.4 1.8 1.6 0.2 0.7 0.6 0.0 2.0 1.0 1.0 2.6 2.4 0.1 V% F 57% F 94 (70) (71) 37 (30) (35) 3 (89) Four qtr. rolling average $2.6 2.4 0.2 2.0 1.8 0.1 1.3 1.3 0.0 1.8 1.3 0.5 3.1 2.7 0.8 2% (7)% - $11.0 9.4 1.6 (8)% (21)% - $13.9 13.1 0.8 4Q'15 $5.0 4.6 0.4 2.3 1.9 0.4 1.2 V% 58% 46% (1) (20) 2.0 1.1 0.9 2.8 3.2 2.6 20 (34) $18.7 17.1 1.7 (52) (a– Industrial Steam Turbines Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total V% 50% 39% 20 11 (49) (49) 17 (14) (32) (3) (41) (12)% (17)% 3 Equipment/service revenue by segment - 1Q’16 ($ in billions) 1Q'16 Equipment $1.5 1.0 0.5 V% (24)% (48) - 1Q'16 Services $3.7 2.8 0.9 V% 40% 5 - 1Q'16 Total $5.2 3.8 1.4 V% 13% (18) - Renewable Energy - Core - Alstom 1.5 1.3 0.3 63 36 - 0.1 0.1 0.0 53 8 - 1.7 1.4 0.3 62 34 - Oil & Gas - Core - Alstom 1.6 1.6 0.0 (23) (24) - 1.7 1.7 0.0 (13) (13) - 3.3 3.3 0.0 (18) (18) - Energy Connections - Core - Alstom 1.8 0.9 0.9 45 (29) - 0.5 0.3 0.2 6 (34) - 2.3 1.2 1.1 34 (31) - Aviation 2.7 2 3.5 17 6.3 10 Healthcare 2.3 4 1.9 1 4.2 3 Transportation 0.4 (41) 0.6 (5) 1.0 (25) 1.9 $13.7 12.1 1.7 3 1% (11)% - 0.1 $12.1 11.0 1.1 9 13% 2% - 2.0 $25.9 23.1 2.8 3 6% (5)% - Power - Core - Alstom Appliances & Lighting Industrial segments - Core - Alstom Note: Certain columns and rows may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in millions 4 Non-GAAP reconciliation GE Industrial segment organic revenue growth ($ in millions) 1Q'16 Industrial segment revenue (GAAP) Less the effects of: Acquisitions, business dispositions (other than dispositions of businesses acquired for investment) & translational foreign exchange Industrial segment revenues excluding the effects of acquisitions, business dispositions (other than dispositions of businesses acquired for investment), translational foreign exchange (Non-GAAP) 1Q'15 $25,869 $24,362 2,287 542 $23,582 $23,821 V% 6% -1% Note: Certain columns and rows may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in millions 5 Non-GAAP reconciliation GE Industrial segment organic op profit growth ($ in millions) 1Q'16 Industrial segment op profit (GAAP) Less the effects of: Acquisitions, business dispositions (other than dispositions of businesses acquired for investment) & translational foreign exchange Industrial segment op profit excluding the effects of acquisitions, business dispositions (other than dispositions of businesses acquired for investment), translational foreign exchange (Non-GAAP) 1Q'15 V% $3,314 $3,560 (56) 41 $3,370 $3,518 (7)% (4)% Note: Certain columns and rows may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in millions 6 Non-GAAP reconciliation GE Industrial organic op profit growth ($ in millions) 1Q'16 Industrial segment op profit (GAAP) Plus: Adjusted Corporate costs (operating)-a) Industrial op profit-a) Less the effects of: Acquisitions, business dispositions (other than dispositions of businesses acquired for investment) & translational foreign exchange Industrial op profit excluding the effects of acquisitions, business dispositions (other than dispositions of businesses acquired for investment), translational foreign exchange-a) (Non-GAAP) 1Q'15 V% $3,314 (431) $2,883 $3,560 (574) $2,985 (51) 41 $2,935 $2,944 (7)% (3)% -% (a- Excluding gains and restructuring & other items Note: Certain columns and rows may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in millions 7 Non-GAAP reconciliation Power, Renewable Energy, & Energy Connections organic op profit growth ($ in millions) Power 1Q'16 1Q'15 Segment op profit (GAAP) $573 Less the effects of: Acquisitions, business dispositions (other than dispositions of businesses acquired for investment) & translational foreign exchange 33 Segment op profit excluding the effects of acquisitions, business dispositions (other than dispositions of businesses acquired for investment), & translational foreign exchange (Non-GAAP) $541 V% $757 (24)% - $757 (29)% Renewable Energy 1Q'16 1Q'15 V% $83 (20) $103 $57 46% (2) $59 75% Energy Connections 1Q'16 1Q'15 V% $(85) $28 (34) 25 $(50) $3 Note: Certain columns and rows may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in millions U U 8 Non-GAAP reconciliation Oil & Gas and Healthcare organic op profit growth ($ in millions) Oil & Gas 1Q'16 1Q'15 Industrial segment op profit (GAAP) $308 Less the effects of: Acquisitions, business dispositions (other than dispositions of businesses acquired for investment) & translational foreign exchange (26) Industrial segment op profit excluding the effects of acquisitions, business dispositions (other than dispositions of businesses acquired for investment), translational foreign exchange (Non-GAAP) $334 V% $489 (37)% 4 $485 (31)% Healthcare 1Q'16 1Q'15 $631 $587 (13) 0 $644 $588 V% 7% 10% . Note: Certain columns and rows may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in millions 9 Non-GAAP reconciliation Organic revenue by segment ($ in millions) 1Q'16 Power Reported Revenue-a) Less Acq./Disp. & FX-b) Organic Revenue-c) Renewable Energy Reported Revenue-a) Less Acq./Disp. & FX-b) Organic Revenue-c) Oil & Gas Reported Revenue-a) Less Acq./Disp. & FX-b) Organic Revenue-c) Energy Connections Reported Revenue-a) Less Acq./Disp. & FX-b) Organic Revenue-c) Aviation Reported Revenue-a) Less Acq./Disp. & FX-b) Organic Revenue-c) Healthcare Reported Revenue-a) Less Acq./Disp. & FX-b) Organic Revenue-c) Transportation Reported Revenue-a) Less Acq./Disp. & FX-b) Organic Revenue-c) Appliances & Lighting Reported Revenue-a) Less Acq./Disp. & FX-b) Organic Revenue-c) 1Q'15 V% 5,204 1,335 3,869 4,612 4,612 13% 1,669 202 1,467 1,028 15 1,012 62% 3,314 (146) 3,460 4,040 32 4,007 (18)% 2,260 1,031 1,229 1,685 375 1,310 34% 6,262 (7) 6,269 5,674 5,674 10% 4,183 (113) 4,295 4,075 31 4,044 3% 981 981 1,308 88 1,220 (25)% 1,996 (16) 2,012 1,940 1,940 3% (16)% 45% (14)% (6)% 10% 6% (20)% 4% Note: Certain columns and rows may not add due to the use of rounded numbers. Percentages are calculated from the underlying numbers in millions (a- GAAP (b- Translational foreign exchange (c- Non-GAAP 10 Non-GAAP reconciliation Power & Renewable Energy results ex. Alstom ($ in millions) Power Renewable Energy 1Q’16 1Q’15 V% $5,204 $4,612 13% 1,403 - $3,801 $4,612 $573 $757 26 - Segment profit ex. Alstom-b) $547 $757 16.4% Revenues-a) Alstom revenues Revenues ex. Alstom-b) Segment profit-a) Alstom segment profit Op profit % ex. Alstom-b) 14.4% 1Q’16 1Q’15 V% $1,669 $1,028 62% 295 - (18)% $1,373 $1,028 34% (24)% $83 $57 46% (8) - (28)% $91 $57 (2.0)pts 6.6% 60% 5.5% 1.1pts (a- GAAP (b- Non-GAAP Note: Certain columns and rows may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in millions 11 Units summary – orders 1Q'16 Power: Gas Turbines-a) 1Q'15 V 25 21 4 711 376 335 Aviation: CEO engines GEnx engines-b) Leap engines-b) Military engines Spares rate-c) 702 7 443 286 $39.6 1,219 47 415 135 $38.9 (517) (40) 28 151 $0.7 Transportation: Locomotives - 191 (191) Renewable Energy: Wind Turbines-a) (a- Gas Turbines & Wind Turbines are GE-only (b- GEnx & Leap engines are a subset of CEO engines (c- Commercial spares rate in millions of dollars per day 12 Units summary – sales 1Q'16 Power: Gas Turbines-a) 1Q'15 V 13 39 (26) 616 472 144 Aviation: CEO engines GEnx engines-b) Leap engines-b) Military engines Spares rate-c) 677 53 151 $38.6 649 51 169 $36.5 28 2 (18) $2.1 Transportation: Locomotives 156 215 (59) Renewable Energy: Wind Turbines-a) (a- Gas Turbines & Wind Turbines are GE-only (b- GEnx & Leap engines are a subset of CEO engines (c- Commercial spares rate in millions of dollars per day 13 Regional summary ($ in billions) Infrastructure Orders 1Q'16 Resource Rich-a) Asia-b) Growth Regions Industrial Segment Revenues V% 1Q'16 V% $5.5 (20)% $6.8 (6)% 3.3 16 3.1 29 $8.8 (9)% $9.9 3% Developed-c) $14.7 9% $16.0 8% Total $23.5 1% $25.9 6% (a- Resource Rich: Australia & New Zealand, Canada, Latin America, MENAT, Russia/CIS, & Sub-Saharan Africa (b- Asia: ASEAN, China & India (c- Developed: US, Europe, Japan, & Korea Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total 14 Alstom results and EPS impact Key metrics ($ in millions) Financial impact ($ in billions, except EPS) Orders Power Renewable Energy Grid Oil & Gas-a) Segment orders 1Q'16 $1,454 225 1,249 26 $2,953 Revenue Power Renewable Energy Grid Oil & Gas Segment revenue 1Q'16 $1,403 295 1,094 21 $2,813 Op profit Power Renewable Energy Grid Oil & Gas Segment op profit 1Q'16 26 (8) (38) 0 $(20) Corporate charges Corporate Total op profit FX impact (183) $(204) $(68) EPS Operations Cost synergy benefits Synergy investment 1Q'16 0.1 - Acquisition accounting (0.1) Deal/integration costs - JV minority interest 0.1 Segment op profit 0.0 − Deal costs/synergy inv. (0.1) − Acquisition accounting (0.1) Net tax benefits $0.1 $(0.01) 15 (a – Industrial Steam Turbines Non-GAAP reconciliation Corporate operating profit (cost) ($ in millions) 1Q'16 1Q'15 V% Gains (losses) on dispositions $59 $- Principal retirement plans-a) (468) (789) Restructuring and other charges (686) (422) Other Corporate costs & eliminations (476) (480) Corporate costs (continuing) (GAAP) (1,571) (1,691) (512) (695) (1,059) (996) (627) (422) ($431) ($574) Less: Non-operating pension cost Corporate (operating) (Non-GAAP) Less: restructuring & other, gains Adjusted Corporate (operating) (Non-GAAP) Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total (a- Includes non-operating pension 25% 16 Non-GAAP reconciliation Industrial segment gross margins ($ in millions) 1Q'16 Industrial sales 1Q'15 $25,407 $23,839 (456) 2,887 (439) - Industrial segment sales ex. Alstom (Non-GAAP) 22,976 24,278 Industrial cost of sales Less: Corporate cost of sales and eliminations Less: Alstom cost of sales 19,890 599 2,329 18,325 415 - Industrial segment cost of sales ex. Alstom (Non-GAAP) 16,962 17,910 Industrial segment gross margin ex. Alstom (Non-GAAP) Industrial segment gross profit margin ex. Alstom (Non-GAAP) 6,014 26.2% 6,368 26.2% Less: Corporate sales and eliminations Less: Alstom sales Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total 17 Non-GAAP reconciliation Industrial segment operating profit margins ($ in millions) 1Q'16 Industrial segment revenue-a) (GAAP) Less: Alstom revenue Industrial segment revenue ex. Alstom (Non-GAAP) Industrial segment op profit-a) (GAAP) Less: Alstom segment op profit Industrial segment op profit ex. Alstom (Non-GAAP) Industrial segment op profit margin ex. Alstom (Non-GAAP) 1Q'15 V% $25,869 $24,362 2,813 - 23,056 24,362 3,314 3,560 (20) - 3,335 3,560 (6)% 14.5% 14.6% (0.1)pts Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total. (a- Total Industrial segment revenue and op profit include the sum of our Industrial reporting segments without giving effect to the elimination of transactions among such segments. 18 Non-GAAP reconciliation Industrial operating profit margins ($ in millions) 1Q'16 Industrial segment revenue-a) (GAAP) 1Q'15 $25,869 $24,362 Plus: Corporate revenue ex. gains (968) (988) Less: GE-Capital eliminations (540) (518) 25,440 23,892 2,813 - 22,627 23,892 3,314 3,560 (1,059) (996) (627) (422) 2,883 2,985 (20) - 2,904 2,985 12.8% 12.5% Industrial revenue Less: Alstom revenue Industrial revenue ex. Alstom (Non-GAAP) Industrial segment op profit-a) (GAAP) Plus: Corporate operating earnings Less: Gains and restructuring Industrial OP profit (Non-GAAP) Less: Alstom segment op profit Industrial op profit ex. Alstom (Non-GAAP) Industrial op profit margin ex. Alstom (Non-GAAP) Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total. (a- Total Industrial segment revenue and op profit include the sum of our Industrial reporting segments without giving effect to the elimination of transactions among such segments. 19 Non-GAAP reconciliation Operating earnings & EPS ($ in millions except earnings per share) 1Q'16 Earnings from continuing operations attributable to common shareholders (GAAP) 1Q'15 V% $210 $(4,548) 333 452 $543 $(4,096) F Continuing earnings per share (GAAP) $0.02 $(0.45) F Adjustment (net of tax): non-operating pensions costs/(income) 0.04 0.04 $0.06 $(0.41) Adjustment (net of tax): non-operating pensions costs/(income) Operating earnings (Non-GAAP) F Earnings per share - diluted-a) Operating earnings per share (Non-GAAP) (a - Earnings per share amounts are computed independently. As a result, the sum of per share amounts may not equal the total F 20 Non-GAAP reconciliation Industrial operating EPS ($ in millions except earnings per share) 1Q'16 1Q'15 V% Operating earnings (Non-GAAP) $543 $(4,096) F GE Capital operating earnings (Non-GAAP) (893) (5,721) 84% Industrial operating earnings (Non-GAAP) 1,436 1,625 (12)% Operating earnings per share (Non-GAAP) $0.06 $(0.41) F GE Capital operating EPS (Non-GAAP)-a) (0.10) (0.57) 82% Industrial operating EPS (Non-GAAP)-a) 0.15 0.16 (6)% (a - Earnings per share amounts are computed independently. As a result, the sum of per share amounts may not equal the total 21 Non-GAAP reconciliation Industrial operating plus Verticals earnings & EPS ($ in millions except earnings per share) 1Q'16 Operating earnings (Non-GAAP) 1Q'15 V% $543 $(4,096) (1,389) (6,067) Industrial operating plus Verticals earnings (Non-GAAP) GE Capital Verticals earnings (Non-GAAP) Industrial operating earnings (Non-GAAP) 1,932 496 1,436 1,971 346 1,625 (2)% 43% (12)% Earnings per share - diluted -a) Operating earnings per share (Non-GAAP) $0.06 $(0.41) F Less: Other GE Capital (Non-GAAP) (0.15) (0.60) Industrial operating plus Verticals EPS (Non-GAAP) 0.21 0.20 5% GE Capital Verticals operating EPS (Non-GAAP) Industrial operating EPS (Non-GAAP) 0.05 0.15 0.03 0.16 67% (6)% Less: Other GE Capital (Non-GAAP) (a- Earnings per share amounts are computed independently. As a result, the sum of per share amounts may not equal the total. F 22 Non-GAAP reconciliation Industrial operating plus Verticals earnings & EPS excluding gains & restructuring ($ in millions except earnings per share) Earnings 1Q'16 Industrial operating earnings GE Capital Verticals earnings Industrial operating plus Verticals earnings Industrial gains & restructuring (after-tax): Gains (after-tax) Restructuring (after-tax) Gains & restructuring (after-tax) Industrial operating earnings ex. gains & restructuring) GE Capital Verticals earnings Industrial operating plus Verticals earnings ex. gains & restructuring $1,436 496 1,932 1Q'15 Earnings per share -a) V% $1,625 (12)% 346 43% 1,971 (2)% 38 (483) (445) (292) (292) 1,881 496 2,377 1,917 346 2,263 U (2)% 43% 5% 1Q'16 1Q'15 V% $0.15 0.05 0.21 $0.16 (6)% 0.03 67% 0.20 5% 0.00 (0.05) (0.05) 0.00 (0.03) (0.03) 0.20 0.05 0.25 (a- Earnings per share amounts are computed independently. As a result, the sum of per share amounts may not equal the total. 0.19 5% 0.03 67% 0.22 14% 23 Non-GAAP reconciliation GAAP & Industrial Operating plus Verticals EPS 1Q’16 1Q’15 Industrial Capital Industrial .15 .05 .16 (.04) (.15) (.04) Capital Earnings/(loss) per share -a) Industrial operating $.15 $.16 .05 .03 Industrial Operating plus Verticals $.21 $.20 Non-operating & other GE Capital (.18) (.65) GAAP continuing EPS $.02 $(.45) Verticals .03 (.60) 1Q’16 1Q’15 Industrial Operating & Verticals Non-operating pension & other GE Capital (a- Earnings per share amounts are computed independently. As a result, the sum of per share amounts may not equal the total. 24 Non-GAAP reconciliation GE effective tax rate (ex. GE Capital) ($ in millions) 1Q'16 $294 1Q'15 $(4,369) Less GE Capital earnings from continuing ops. attributable to the common shareowner $(893) $(5,721) Adjusted earnings from continuing ops. before income taxes (Non-GAAP) $1,187 $1,352 GE (ex. GE Capital) provision for income taxes - continuing ops. $201 $306 Effective tax rate GE (ex. GE Capital) (Non-GAAP) 17% 23% GE earnings from continuing operations before income taxes (GAAP) 25 Non-GAAP reconciliation Industrial CFOA from continuing operations ($ in millions) 1Q'16 1Q'15 $7,856 $1,340 Less GE Capital dividends 7,500 450 Cash from GE's operating activities excluding dividends from GE Capital (Industrial CFOA) (Non-GAAP) $356 $890 Cash from GE's operating activities as reported (GAAP) V% F (60)% Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total 26 Free cash flow Non-GAAP reconciliation ($ in millions) 1Q'16 Cash from GE's operating activities as reported (GAAP) 1Q'15 $7,856 $1,340 1,041 257 1,013 155 $7,072 $483 7,500 450 Industrial free cash flow (Non-GAAP) $(428) $33 Industrial operating earnings (Non-GAAP) 1,436 1,625 Industrial FCF conversion (Non-GAAP) (30)% 2% Less: Additions to property, plant and equipment Plus: Dispositions of property, plant and equipment Free cash flow (Non-GAAP) Less: GE Capital dividends V% F F U Note: Individual amounts are rounded. As a result, the sum of the parts presented may not add to the total 27 GE Capital segment results ($ in millions – net earnings) 1Q’16 GECAS 1Q’15 V% $332 $307 8% 137 35 F 83 79 5 (56) (75) 26 $496 $346 43% Other continuing operations–b) (1,389) (6,067) 77 Capital segment profit/(loss) $(893) $(5,721) 84% (308) (9,024) 97 $(1,201) $(14,745) 92% EFS Industrial Finance Other–a) Verticals Earnings/(loss) from discontinued ops. GE Capital net earnings/(loss) (a – Includes run-off insurance business and allocated corporate costs (b – Includes impact of preferred stock dividends 28 GE Capital segment assets ($ in billions) 1Q’16 GECAS 1Q’15 V% $46.2 $46.9 EFS 13.2 16.1 (18) Industrial Finance 22.8 19.3 18 Other 37.5 38.8 (3) $119.8 $121.2 84.0 62.2 $203.8 $183.3 81.6 294.8 $285.4 $478.1 Verticals Other continuing operations Capital segment assets Assets of discontinued operations GE Capital assets (1)% (1)% 35 11% (72) (40)% 29 GE Capital funding ($ in billions) Debt composition –a) Comments $236 • Maintaining $5B CP outstanding 5 Non-recourse Securitization $180 3 $168 -c) 3 • No incremental LT debt issuance in line with April 2015 announcement 192 LT debt -b) Alternative funding/other Comm’l. paper 14 25 1Q’15 Bank lines -d) Liquidity -e) LT debt <1yr. $45 $78 $36 168 157 4 5 3 5 4Q’15 1Q’16 $46 $91 $43 $42 $106 $49 • $16B of maturities due in April 2016 driven by 2015 debt exchange • Completed hybrid debt tender of ‘17 callables ($4B) • Completed ILC deposit sale to Goldman Sachs ($16B) on April 18th (deposits in discontinued operations) (a - Continuing operations (excludes obligations issued to third parties that we reported in Discontinued operations or Held-for-Sale) (b - Includes $74B of GE Capital debt assumed by GE Company and maintained as intercompany debt as of 1Q’16 (c - Includes ~$(0.4)B YTD FX impact and ~$1.3B YTD FAS 133 (d - Bank lines maintained at GE Company since Dec ‘15 but can be drawn and lent to GE Capital upon request (e - Liquidity includes cash & equivalents (including discontinued operations and held for sale balances); 1Q’16 includes $13.9B of high quality interest bearing deposits 30 Non-GAAP reconciliation GE Capital leverage ratio-a) ($ in billions) As reported Debt Equity-b) Leverage ratio (GAAP) Debt Less: Liquidity-c) Adjusted debt Equity-b) Adjusted leverage ratio (Non-GAAP) 1Q’16 4Q’15 1Q’15 $195.0 38.2 $211.9 46.2 $338.9 70.7 5.1 4.6 4.8 195.0 (105.9) $89.2 211.9 (90.9) $121.0 338.9 (78.2) $260.7 38.2 46.2 70.7 2.3 2.6 3.7 (a - Includes discontinued operations and balances recorded as held for sale for all periods (b - Total equity ex-non-controlling interests (c - Liquidity includes cash & equivalents (including discontinued operations and held for sale balances) and $13.9B of high quality interest bearing deposits 31 GE Capital tier 1 common ratio estimate-a) ($ in billions) As reported Shareowners' equity–b) (GAAP) - Preferred equity - G/W & Intangibles - Other additions/(deductions) Tier 1 common Estimated risk weighted assets 1Q’16 4Q’15 1Q’15 $38.2 $46.2 $70.7 (5.2) (3.2) (0.8) (5.0) (5.2) 0.3 (4.9) (22.0) 1.2 $29.0 $36.4 $45.0 $199.7 $251.1 $422.8 Tier 1 common ratio 14.5% 14.5% 10.6% Tangible Common Equity/Tangible Assets 10.6% 11.5% 9.4% (a - Based on Basel 3 standardized approach on a transitional basis; includes discontinued operations for all periods (b - Total equity ex-non-controlling interests 32 Non-GAAP reconciliation Capital ending net investment ($ in billions) 1Q’16 4Q’15 3Q’15-a) 2Q’15-a) 1Q’15-a) $285.4 $316.7 $433.8 $463.3 $476.5 Less: assets of discontinued operations-b) (81.6) (120.9) (121.9) (154.9) (31.3) Less: non-interest bearing liabilities & others (43.0) (43.3) (50.3) (51.2) (66.0) Capital ENI (Continuing operations) 160.8 152.4 261.6 257.2 379.2 Less: Liquidity-c) (79.7) (70.5) (85.5) (77.9) (76.4) Capital ENI (ex-Liquidity) (Non-GAAP) $81.1 $81.9 $ 176.1 $179.3 $302.8 Memo: Total ENI (ex-Liquidity) incl. disc. ops. (Non-GAAP) $126.7 $166.9 $270.6 $309.0 $331.4 GE Capital total assets (GAAP) (a - As originally reported (b - Real Estate, majority of Commercial Lending & Leasing, and Consumer segments moved to discontinued operations during 1Q’15, 2Q’15, and 4Q’15 respectively (c - Liquidity includes cash & equivalents from continuing operations (excluding held for sale balances) and $13.9B of high quality interest bearing deposits 33 GE Capital reserves ($ in millions) Allowances for losses $94 $81 $79 1Q'15 4Q'15 1Q'16 Coverage: Reserve (%) 0.41% 0.32% 0.33% Nonaccrual: Nonaccrual ($) Nonaccrual (%) $343 1.48% $256 1.02% $317 1.33% 34 GE Capital Aircraft and Helicopter asset details ($ in millions) Collateral type Loans and leases 4Q'15 1Q'16 1Q'15 Narrow-body aircraft Wide-body aircraft Cargo Regional jets Engines Helicopters $ 21,706 7,927 1,550 3,745 2,838 3,688 $ 21,747 8,002 1,621 3,861 2,654 3,663 $ 22,854 7,340 1,808 3,993 2,519 3,428 Total (a) $ 41,454 $ 41,548 $ 41,942 Airline regions Loans and leases 4Q'15 1Q'16 1Q'15 U.S. Europe Pacific Basin Americas Other $ 9,217 9,675 8,317 3,861 6,696 $ 9,236 9,818 8,248 4,006 6,577 $ 10,140 9,604 8,258 4,213 6,299 Total (b) $ 37,766 $ 37,885 $ 38,514 Aircraft vintage profile 1Q'16 4Q'15 1Q'15 0-5 years 6-10 years 11 - 15 years 15+ years $ 13,963 7,768 7,469 1,944 $ 13,842 7,880 7,503 1,993 Total (c) $ 31,143 $ 31,218 13,857 8,423 7,917 1,437 $ 31,634 (a- Includes loans and financing leases of $7,127 million, $7,294 million and $7,817 million (less non-aircraft loans and financing leases of $76 million, $62 million and $128 million) and ELTO of $34,404 million, $34,316 million and $34,253 at March 31, 2016, December 31, 2015 and March 31, 2015 respectively, related to commercial aircraft at GECAS. (b - Excludes helicopters (c - Includes aircraft owned by GECAS and leased to others; excludes helicopters, engines and loans 35 Non-GAAP supplemental information In an effort to provide investors with additional information regarding the company’s results as determined by generally accepted accounting principles (GAAP), the company also discusses, in its earnings press release and earnings presentation materials, the following Non-GAAP information which management believes provides useful information to investors. Operating and non-operating pension costs We have provided the operating and non-operating components of cost for our principal pension plans. Operating pension costs comprise the service cost of benefits earned, prior service cost amortization and curtailment loss for our principal pension plans. Non-operating pension costs comprise the expected return on plan assets, interest cost on benefit obligations and net actuarial loss amortization for our principal pension plans. We believe that the operating components of pension costs better reflects the ongoing service-related costs of providing pension benefits to our employees. We believe that the operating and non-operating components of cost for our principal pension plans, considered along with the corresponding GAAP measure, provide management and investors with additional information for comparison of our pension plan costs and operating results with the pension plan costs and operating results of other companies. Adjusted corporate costs (operating) Operating corporate costs exclude non-service-related pension costs of our principal pension plans, which comprise interest costs, expected return on plan assets and amortization of actuarial gains/losses. Service cost, prior service cost and curtailment loss components of our principal pension plans are included in operating corporate costs. We believe that these components of pension cost better reflect the ongoing service-related costs of providing pension benefits to our employees. Accordingly, we believe that our measure of operating corporate costs provides management and investors with a useful measure of the operational costs incurred outside of our businesses. We believe that this measure, considered along with the corresponding GAAP measure, provides management and investors with additional information for comparison of our operating corporate costs to the operating corporate costs of other companies. We also believe that adjusting operating corporate costs to exclude the effects of items that are not closely associated with ongoing corporate operations, such as earnings of previously divested businesses, gains and losses on disposed and held for sale businesses, and restructuring and other charges, provides management and investors with a meaningful measure that increases the period-to-period comparability of our ongoing corporate costs. 36 Non-GAAP supplemental information Industrial Segment Organic Revenue Growth Organic revenue growth measures revenue excluding the effects of acquisitions, business dispositions and currency exchange rates. We believe that this measure provides management and investors with a more complete understanding of underlying operating results and trends of established, ongoing operations by excluding the effect of acquisitions, dispositions and currency exchange, which activities are subject to volatility and can obscure underlying trends. We also believe that presenting organic revenue growth separately for our industrial businesses provides management and investors with useful information about the trends of our industrial businesses and enables a more direct comparison to other non-financial businesses and companies. Management recognizes that the term "organic revenue growth" may be interpreted differently by other companies and under different circumstances. Although this may have an effect on comparability of absolute percentage growth from company to company, we believe that these measures are useful in assessing trends of the respective businesses or companies and may therefore be a useful tool in assessing period-to-period performance trends. Industrial Segment Organic Operating Profit Growth Operating profit growth measures profit excluding the effects of acquisitions, business dispositions and currency exchange rates. We believe that this measure provides management and investors with a more complete understanding of underlying operating results and trends of established, ongoing operations by excluding the effect of acquisitions, dispositions and currency exchange, which activities are subject to volatility and can obscure underlying trends. Management recognizes that the term “organic operating profit growth” may be interpreted differently by other companies and under different circumstances. Although this may have an effect on comparability of absolute percentage growth from company to company, we believe that these measures are useful in assessing trends of the respective businesses or companies and may therefore be a useful tool in assessing period-to-period performance trends. 37 Non-GAAP supplemental information Industrial Cash Flows from Operating Activities (Industrial CFOA) We define “Industrial CFOA” as GE’s cash from operating activities (continuing operations) less the amount of dividends received by GE from GE Capital. This includes the effects of intercompany transactions, including GE customer receivables sold to GE Capital; GE Capital services for trade receivables management and material procurement; buildings and equipment leased by GE from GE Capital; information technology (IT) and other services sold to GE Capital by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GE Capital from third-party producers for lease to others; and various investments, loans and allocations of GE corporate overhead costs. We believe that investors may find it useful to compare GE’s operating cash flows without the effect of GE Capital dividends, since these dividends are not representative of the operating cash flows of our industrial businesses and can vary from period to period based upon the results of the financial services businesses. Management recognizes that this measure may not be comparable to cash flow results of companies which contain both industrial and financial services businesses, but believes that this comparison is aided by the provision of additional information about the amounts of dividends paid by our financial services business and the separate presentation in our financial statements of the GE Capital cash flows. We believe that our measure of Industrial CFOA provides management and investors with a useful measure to compare the capacity of our industrial operations to generate operating cash flow with the operating cash flow of other non-financial businesses and companies and as such provides a useful measure to supplement the reported GAAP CFOA measure. Free cash flow We define free cash flow as GE’s cash from operating activities (continuing operations) less GE net additions to property, plant and equipment, which are included in cash flows from investing activities. We believe that free cash flow is a useful financial metric to assess our ability to pursue opportunities to enhance our growth. We also believe that presenting free cash flow separately for our industrial businesses provides management and investors with useful information about the trends of our industrial businesses and enables a more direct comparison to other non-financial businesses and companies. Management recognizes that the term free cash flow may be interpreted differently by other companies and under different circumstances. Although this may have an effect on comparability of absolute percentage growth from company to company, we believe that these measures are useful in assessing trends of the respective businesses or companies and may therefore be a useful tool in assessing period-to-period performance trends. 38 Non-GAAP supplemental information Industrial operating earnings and EPS and GE Capital operating earnings (loss) and EPS Operating earnings (loss) excludes non-service related pension costs of our principal pension plans comprising interest cost, expected return on plan assets and amortization of actuarial gains/losses. The service cost, prior service cost and curtailment loss components of our principal pension plans are included in operating earnings. We believe that these components of pension cost better reflect the ongoing service-related costs of providing pension benefits to our employees. As such, we believe that our measure of operating earnings (loss) provides management and investors with a useful measure of the operational results of our business. Other components of GAAP pension cost are mainly driven by capital allocation decisions and market performance, and we manage these separately from the operational performance of our businesses. Neither GAAP nor operating pension costs are necessarily indicative of the current or future cash flow requirements related to our pension plan. We also believe that this measure, considered along with the corresponding GAAP measure, provides management and investors with additional information for comparison of our operating results to the operating results of other companies. We believe that presenting operating earnings and operating EPS separately for our industrial and financial services businesses also provides management and investors with useful information about the relative size of our industrial and financial services businesses in relation to the total company. GE Industrial Operating + Verticals EPS As described above, Verticals represents the GE Capital businesses that we expect to retain. We believe that presenting Industrial operating + Vertical earnings-per-share amounts provides management and investors with a useful measure to evaluate the performance of the businesses we expect to retain after the disposition of most of our financial services business. 39 Non-GAAP supplemental information GE Capital Ending Net Investment (ENI), excluding liquidity We use ENI to measure the size of our Capital segment. We believe that this measure is a useful indicator of the capital (debt or equity) required to fund a business as it adjusts for non-interest bearing current liabilities generated in the normal course of business that do not require a capital outlay. We also believe that by excluding liquidity, we provide a meaningful measure of assets requiring capital to fund our Capital segment as a substantial amount of liquidity resulted from debt issuances to prefund future debt maturities and will not be used to fund additional assets. Liquidity consists of cash and equivalents and certain high quality interest bearing deposits of the U.S. Treasury. As a general matter, investments included in liquidity are expected to be highly liquid, giving us the ability to readily convert them to cash. Providing this measure will help investors measure how we are performing against our previously communicated goal to reduce the size of our financial services segment. 40