Nov 9 (Reuters) - General Electric’s decision to split into three companies marks the end of what once was America’s most iconic corporation.
Following are some key financial facts about General Electric:
** GE’s revenue declined to $79.6 billion in 2020, from $129.9 billion in 2000
** Earnings per share fell to 58 cents in 2020, from $1.27 in 2000
** Total borrowings stood at about $75 billion at the end of 2020, compared with consolidated borrowings of about $200 billion at the end of 2000
** Cash and cash equivalents and restricted cash from continuing operations at the end of 2020 stood at $37.09 billion, compared with $8.2 billion at the end of 2000
** Once the biggest U.S. company by market value, GE’s market capitalization has shrunk to about $120 billion, just over a fifth of its high of nearly $580 billion in 2000
Reporting by Arathy S Nair in Bengaluru; Editing by Vinay Dwivedi
Our Standards: The Thomson Reuters Trust Principles.