GE 2014 Annual Report Download - page 3

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GE EXECUTIVE TEAM
Back row
(left to right):
JOHN G. RICE
Vice Chairman and
CEO, Global Growth
Organization
MARK M. LITTLE
Senior Vice
President and Chief
Technology Offi cer
JEFFREY R. IMMELT
Chairman of the
Board and Chief
Executive Offi cer
DANIEL C.
HEINTZELMAN
Vice Chairman,
Enterprise Risk
and Operations
KEITH S. SHERIN
Vice Chairman,
GE, and Chairman
and Chief Executive
Offi cer, GE Capital
Front row
(left to right):
JAMIE S. MILLER
Senior Vice President
and Chief
Information Offi cer
BRACKETT B.
DENNISTON III
Senior Vice President
and General Counsel
SUSAN P. PETERS
Senior Vice
President,
Human Resources
JEFFREY S.
BORNSTEIN
Senior Vice President
and Chief
Financial Offi cer
BETH COMSTOCK
Senior Vice President
and Chief
Marketing Offi cer
2014 PERFORMANCE
2014 GOALS 2014 RESULTS
Grow Industrial segments 10% 10%
Organic revenue growth 4%–7% 7%
Margin expansion +50bps
Disciplined/balanced
capital allocation
GE CFOA $14B–$17B $15.2B
Buyback + dividend $10.8B
Dispositions $3.0B $4.7B announced
GE Capital
GE Capital earnings ~$6.7B $7B
GECC dividend $4B $3B
Key Transactions (announced)
Alstom Power & Grid | Synchrony IPO | Appliances disposition
2015 GOALS
Industrial Operating EPS: $1.10–$1.20
• Double-digit EPS growth
• Margin expansion
GE Capital Operating EPS: ~$0.60
• EPS could be lower if ENI reduced faster
than expected
Free Cash Flow + Dispositions: $12B–$15B
Cash Returned to Investors: $10B–$30B
• Dividend + Synchrony split-off
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GE 2014 ANNUAL REPORT 1