NOTE 28. QUARTERLY INFORMATION (UNAUDITED)
| First quarter | Second quarter | Third quarter | Fourth quarter | ||||||||||||||||||||
| (In millions; per-share amounts in dollars) | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |||||||||||||||
| Consolidated operations | |||||||||||||||||||||||
| Earnings from continuing operations | $ | 3,631 | $ | 3,257 | $ | 3,423 | $ | 3,681 | $ | 3,272 | $ | 3,460 | $ | 5,149 | $ | 4,449 | |||||||
| Earnings (loss) from discontinued | |||||||||||||||||||||||
| operations | (120) | (185) | (124) | (543) | (91) | 48 | (1,785) | (303) | |||||||||||||||
| Net earnings | 3,511 | 3,072 | 3,299 | 3,138 | 3,181 | 3,508 | 3,364 | 4,146 | |||||||||||||||
| Less net earnings attributable to | |||||||||||||||||||||||
| noncontrolling interests | (16) | 38 | 166 | 33 | (10) | 17 | 158 | 135 | |||||||||||||||
| Net earnings attributable to | |||||||||||||||||||||||
| the Company | $ | 3,527 | $ | 3,034 | $ | 3,133 | $ | 3,105 | $ | 3,191 | $ | 3,491 | $ | 3,206 | $ | 4,011 | |||||||
| Per-share amounts – earnings from | |||||||||||||||||||||||
| continuing operations | |||||||||||||||||||||||
| Diluted earnings per share | $ | 0.35 | $ | 0.30 | $ | 0.31 | $ | 0.34 | $ | 0.32 | $ | 0.33 | $ | 0.49 | $ | 0.41 | |||||||
| Basic earnings per share | 0.35 | 0.30 | 0.32 | 0.34 | 0.32 | 0.33 | 0.49 | 0.41 | |||||||||||||||
| Per-share amounts – earnings (loss) | |||||||||||||||||||||||
| from discontinued operations | |||||||||||||||||||||||
| Diluted earnings per share | (0.01) | (0.02) | (0.01) | (0.05) | (0.01) | - | (0.18) | (0.03) | |||||||||||||||
| Basic earnings per share | (0.01) | (0.02) | (0.01) | (0.05) | (0.01) | - | (0.18) | (0.03) | |||||||||||||||
| Per-share amounts – net earnings | |||||||||||||||||||||||
| Diluted earnings per share | 0.34 | 0.29 | 0.30 | 0.29 | 0.31 | 0.33 | 0.32 | 0.38 | |||||||||||||||
| Basic earnings per share | 0.34 | 0.29 | 0.30 | 0.29 | 0.31 | 0.33 | 0.32 | 0.38 | |||||||||||||||
| Selected data | |||||||||||||||||||||||
| GE | |||||||||||||||||||||||
| Sales of goods and services | $ | 22,303 | $ | 23,687 | $ | 24,623 | $ | 25,138 | $ | 25,262 | $ | 24,749 | $ | 28,826 | $ | 27,301 | |||||||
| Gross profit from sales | 4,867 | 5,653 | 6,007 | 5,800 | 5,691 | 6,025 | 6,819 | 8,341 | |||||||||||||||
| GECC | |||||||||||||||||||||||
| Total revenues | 11,468 | 11,267 | 10,916 | 11,285 | 10,606 | 11,207 | 11,077 | 11,605 | |||||||||||||||
| Earnings from continuing operations | |||||||||||||||||||||||
| attributable to the Company | 1,938 | 1,760 | 1,924 | 2,112 | 1,903 | 1,668 | 2,493 | 1,805 | |||||||||||||||
For GE, gross profit from sales is sales of goods and services less costs of goods and services sold.
Earnings-per-share amounts are computed independently each quarter for earnings from continuing operations, earnings (loss) from discontinued operations and net earnings. As a result, the sum of each quarter's per-share amount may not equal the total per-share amount for the respective year; and the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings for the respective quarters.