GE 2015 Annual Report Download - page 123

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MD&A SUPPLEMENTAL INFORMATION
GE 2015 FORM 10-K 95
SUPPLEMENTAL INFORMATION
FINANCIAL MEASURES THAT SUPPLEMENT U.S. GENERALLY ACCEPTED ACCOUNTING
PRINCIPLES MEASURES (NON-GAAP FINANCIAL MEASURES)
We sometimes use information derived from consolidated financial information but not presented in our financial statements prepared in
accordance with U.S. generally accepted accounting principles (GAAP). CeUWDLQRIWKHVHGDWDDUHFRQVLGHUHG³QRQ-GAAP financial
PHDVXUHV´XQGHU866HFXULWLHVDQG([FKDQJH&RPPLVVLRQUXOHV6SHFLILFDOO\ZHKDYHUHIHUUHGLQYDULRXVVHFWLRQVRIWKLVUHport, to:
x Industrial segment organic revenue growth
x Oil & Gas organic revenue and operating profit growth
x Operating and non-operating pension costs (income)
x Adjusted Corporate costs (operating)
x GE pre-tax earnings from continuing operations, excluding GE Capital earnings from continuing operations and the corresponding
effective tax rates, and the reconciliation of the U.S. federal statutory income tax rate to GE effective tax rate, excluding GE Capital
earnings
x Operating earnings, operating EPS and Industrial operating earnings
x Industrial operating + Verticals earnings and EPS
x Industrial operating profit and operating margin (excluding Alstom)
x Industrial segment operating profit and operating margin (excluding Alstom)
x Industrial segment gross margin (excluding Alstom)
x $YHUDJH*(VKDUHRZQHUV¶HTXLW\H[FOXGLQJHIIHFWVRIGLVFRQWLQXed operations
x $YHUDJH*(&DSLWDOVKDUHRZQHUV¶HTXLW\H[FOXGLQJHIIHFWVRIGLVFRQWLQXHGRSHUDWLRQV
x Industrial return on total capital (Industrial ROTC)
x Industrial cash flows from operating activities (Industrial CFOA)
x Free cash flow
x Ratio of adjusted debt to equity at GE Capital, net of liquidity
x Capital ending net investment (ENI), excluding liquidity
x GE Capital Tier 1 common ratio estimate
The reasons we use these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial
measures follow.
GE 2015 FORM 10-K 95