| 2013 | 2012 | 2011 | |||||||||||||||
| (In millions; per-share amounts in dollars) | Diluted | Basic | Diluted | Basic | Diluted | Basic | |||||||||||
| Amounts attributable to the Company: | |||||||||||||||||
| Consolidated | |||||||||||||||||
| Earnings from continuing operations for per-share | |||||||||||||||||
| calculation(a)(b) | $ | 15,145 | $ | 15,157 | $ | 14,604 | $ | 14,603 | $ | 14,102 | $ | 14,101 | |||||
| Preferred stock dividends declared(c) | - | - | - | - | (1,031) | (1,031) | |||||||||||
| Earnings from continuing operations attributable to | |||||||||||||||||
| common shareowners for per-share calculation(a)(b) | 15,145 | 15,157 | 14,604 | 14,603 | 13,070 | 13,070 | |||||||||||
| Earnings (loss) from discontinued operations for | |||||||||||||||||
| per-share calculation(a)(b) | (2,128) | (2,116) | (980) | (980) | 30 | 30 | |||||||||||
| Net earnings attributable to GE common shareowners | |||||||||||||||||
| for per-share calculation(a)(b) | $ | 13,028 | $ | 13,040 | $ | 13,622 | $ | 13,622 | $ | 13,099 | $ | 13,098 | |||||
| Average equivalent shares | |||||||||||||||||
| Shares of GE common stock outstanding | 10,222 | 10,222 | 10,523 | 10,523 | 10,591 | 10,591 | |||||||||||
| Employee compensation-related shares (including | |||||||||||||||||
| stock options) and warrants | 67 | - | 41 | - | 29 | - | |||||||||||
| Total average equivalent shares | 10,289 | 10,222 | 10,564 | 10,523 | 10,620 | 10,591 | |||||||||||
| Per-share amounts | |||||||||||||||||
| Earnings from continuing operations | $ | 1.47 | $ | 1.48 | $ | 1.38 | $ | 1.39 | $ | 1.23 | $ | 1.23 | |||||
| Earnings (loss) from discontinued operations | (0.21) | (0.21) | (0.09) | (0.09) | - | - | |||||||||||
| Net earnings | 1.27 | 1.28 | 1.29 | 1.29 | 1.23 | 1.24 | |||||||||||
Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities and, therefore, are included in the computation of earnings per share pursuant to the two-class method. Application of this treatment has an insignificant effect.
(a) Included an insignificant amount of dividend equivalents in each of the three years presented.
(b) Included in 2013 is a dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock.
(c) Included $806 million related to the redemption of our 10% cumulative preferred stock in 2011. See Note 15.