GENERAL ELECTRIC CO | 2013 | FY | 3


NOTE 28. QUARTERLY INFORMATION (UNAUDITED)

 First quarter Second quarter Third quarter Fourth quarter
(In millions; per-share amounts in dollars)2013 2012 2013 2012 2013 2012 2013 2012
                        
Consolidated operations                       
Earnings from continuing operations$3,631 $3,257 $3,423 $3,681 $3,272 $3,460 $5,149 $4,449
Earnings (loss) from discontinued                       
   operations (120)  (185)  (124)  (543)  (91)  48  (1,785)  (303)
Net earnings 3,511  3,072  3,299  3,138  3,181  3,508  3,364  4,146
Less net earnings attributable to                       
   noncontrolling interests (16)  38  166  33  (10)  17  158  135
Net earnings attributable to                       
   the Company$3,527 $3,034 $3,133 $3,105 $3,191 $3,491 $3,206 $4,011
Per-share amounts – earnings from                       
   continuing operations                        
      Diluted earnings per share$ 0.35 $ 0.30 $ 0.31 $ 0.34 $ 0.32 $ 0.33 $ 0.49 $ 0.41
      Basic earnings per share  0.35   0.30   0.32   0.34   0.32   0.33   0.49   0.41
Per-share amounts – earnings (loss)                       
   from discontinued operations                       
      Diluted earnings per share  (0.01)   (0.02)   (0.01)   (0.05)   (0.01)   -   (0.18)   (0.03)
      Basic earnings per share  (0.01)   (0.02)   (0.01)   (0.05)   (0.01)   -   (0.18)   (0.03)
Per-share amounts – net earnings                        
      Diluted earnings per share  0.34   0.29   0.30   0.29   0.31   0.33   0.32   0.38
      Basic earnings per share  0.34   0.29   0.30   0.29   0.31   0.33   0.32   0.38
                        
Selected data                       
GE                       
   Sales of goods and services$22,303 $23,687 $24,623 $25,138 $25,262 $24,749 $28,826 $27,301
   Gross profit from sales 4,867  5,653  6,007  5,800  5,691  6,025  6,819  8,341
GECC                       
   Total revenues 11,468  11,267  10,916  11,285  10,606  11,207  11,077  11,605
   Earnings from continuing operations                       
attributable to the Company 1,938  1,760  1,924  2,112  1,903  1,668  2,493  1,805

For GE, gross profit from sales is sales of goods and services less costs of goods and services sold.

 

Earnings-per-share amounts are computed independently each quarter for earnings from continuing operations, earnings (loss) from discontinued operations and net earnings. As a result, the sum of each quarter's per-share amount may not equal the total per-share amount for the respective year; and the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings for the respective quarters.


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