| (Dollars in
millions) |
Nine months ended
September 30, 2000
|
| GE except GECS |
|
|
|
| Earnings (a) |
|
$12,086
|
|
| Less: |
Equity in undistributed earnings
of General Electric |
|
|
|
| |
Capital Services, Inc. (b) |
|
(2,573)
|
|
| Plus: |
Interest and other financial |
|
|
|
| |
charges included in expense |
|
660
|
|
| |
One-third of rental expense (c) |
|
152
|
|
| |
|
|
|
|
| Adjusted "earnings" |
|
$10,325
|
|
| |
|
|
|
|
| Fixed Charges: |
|
|
|
| |
Interest and other financial charges |
|
$660
|
|
| |
Interest capitalized |
|
1
|
|
| |
One-third of rental expense (c) |
|
152
|
|
| |
|
|
|
|
| Total fixed charges |
|
$813
|
|
| |
|
|
|
|
| Ratio of earnings
to fixed charges |
|
12.70
|
|
| |
|
|
|
|
| General Electric
Company and consolidated affiliates |
|
|
|
| Earnings (a) |
|
$13,743
|
|
| Plus: |
Interest and other financial charges |
|
|
|
| |
included in expense |
|
8,794
|
|
| |
One-third of rental expense (c) |
|
451
|
|
| |
|
|
|
|
| Adjusted "earnings" |
|
$22,988
|
|
| |
|
|
|
|
| Fixed Charges: |
|
|
|
| |
Interest and other financial charges |
|
$8,794
|
|
| |
Interest capitalized |
|
91
|
|
| |
One-third of rental expense (c) |
|
451
|
|
| |
|
|
|
|
| Total fixed charges |
|
$9,336
|
|
| |
|
|
|
|
| Ratio of earnings
to fixed charges |
|
2.46
|
|
| |
|
|
|
|
(a) Earnings before
income taxes and minority interest.
(b) Earnings after income taxes, net of dividends.
(c) Considered to be representative of interest factor
in rental expense. |
