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Hi, where did you get your data? I've got the GE 2000 annual report open here (pg. 34) and COGS should be 39 and 35. The exact numbers are 39,312 and 34,554.

Hope this helps. Note that I did not include cost of services sold, only cost of good sold. Even with COSS included, they are still lower than the numbers you got.

Here's a link to GE's annual report online showing both GE and GECS (GE Capital Services):

Add the COGS for both and you'll get the numbers stated in the annual report.

Let me know what you come up with.

Foolishly Yours,
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