General Electric Co. (GE)
Analysis of Debt
Advanced level
Total Debt (Carrying Amount)
General Electric Co., balance sheet: debt
US$ in millions
Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-24), 10-K (filing date: 2016-02-26), 10-K (filing date: 2015-02-27).
Debt item | Description | The company |
---|---|---|
Total borrowings, include interest rate and currency derivatives designated as hedges of borrowings (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | General Electric Co.’s total debt decreased from 2016 to 2017 and from 2017 to 2018. |
Total Debt (Fair Value)
Dec 31, 2018 | |
---|---|
Selected Financial Data (US$ in millions) | |
Borrowings | 29,586 |
Borrowings, debt assumed | 36,298 |
Total gE (fair value) | 65,884 |
Borrowings | 42,006 |
Interest rate and currency derivatives designated as hedges of borrowings | (1,300) |
Total gE Capital (fair value) | 40,706 |
Total borrowings, include interest rate and currency derivatives designated as hedges of borrowings (fair value) | 106,590 |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 0.97 |
Based on: 10-K (filing date: 2019-02-26).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 3.40%
Interest Rate | Debt Amount1 | Interest Rate × Debt Amount | Weighted-average Interest Rate2 |
---|---|---|---|
1.64% | 3,005 | 49 | |
6.60% | 103 | 7 | |
3.76% | 4,207 | 158 | |
2.00% | 3,984 | 80 | |
2.58% | 26,628 | 687 | |
4.30% | 29,218 | 1,256 | |
3.64% | 2,836 | 103 | |
3.49% | 35,105 | 1,225 | |
3.97% | 1,875 | 74 | |
Total | 106,961 | 3,640 | |
3.40% |
Based on: 10-K (filing date: 2019-02-26).
1 US$ in millions
2 Weighted-average interest rate = 100 × 3,640 ÷ 106,961 = 3.40%