The Debt of General Electric

GE (www.ge.com) is the USA’s industrial giant, but is in a financial mess

https://www.ge.com/investor-relations/sites/default/files/GE_AR17.pdf

The annual report makes sombre reading

https://www.ge.com/investor-relations/fixed-income-investor

It’s debts are huge:

•Approximately $67.5 billion in senior unsecured, subordinated and senior secured notes issued or guaranteed by GECC pursuant to the GECC U.S. medium term note programs
•Approximately $55.2 billion of senior and subordinated debt securities issued or guaranteed by GECC under the GE Capital European medium term note program for issuances by GECC, GE Capital European Funding, GE Capital UK Funding and/or GE Capital Australia Funding Pty Ltd
•Approximately $8.9 billion of commercial paper issued by GECC.

from the annual report:-

Total borrowings $ 134,591 Million

That is $134 Billion of total debt.

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