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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2011
Assets and Liabilities of Businesses Held For Sale and Discontinued Operations [Abstract] 
Businesses held for sale
 At
 September 30, December 31,
(In millions)2011 2010
      
Assets     
Cash and equivalents$218 $63
Current receivables 0  2,572
Financing receivables – net 483  1,917
Property, plant and equipment – net 2,054  2,185
Goodwill 135  19,606
Other intangible assets – net 37  2,844
All other assets 153  7,560
Other 93  140
Assets of businesses held for sale$3,173 $36,887
      
Liabilities     
Short-term borrowings$474 $146
Accounts payable 82  538
Other GE current liabilities 0  3,994
Long-term borrowings 1,144  10,134
All other liabilities 155  1,235
Liabilities of businesses held for sale$1,855 $16,047
Discontinued GECS operations
 Three months ended September 30 Nine months ended September 30
(In millions) 2011  2010  2011  2010
            
Operations           
Total revenues$12 $515 $336 $1,565
            
Earnings (loss) from discontinued operations           
   before income taxes$(8) $45 $0 $163
Benefit (provision) for income taxes 21  3  51  (3)
Earnings (loss) from discontinued operations,            
   net of taxes$13 $48 $51 $160
            
Disposal           
Gain (loss) on disposal before income taxes$(45) $(1,100) $(86) $(1,666)
Benefit (provision) for income taxes 33  0  309  0
Gain (loss) on disposal, net of taxes$(12) $(1,100) $223 $(1,666)
            
Earnings (loss) from discontinued operations,            
   net of taxes(a)$1 $(1,052) $274 $(1,506)
            
            

(a)       The sum of GE industrial earnings (loss) from discontinued operations, net of taxes, and GECS earnings (loss) from discontinued operations, net of taxes, is reported as GE industrial earnings (loss) from discontinued operations, net of taxes, on the Condensed Statement of Earnings.

 At
 September 30, December 31,
(In millions)2011 2010
      
Assets     
Cash and equivalents$131 $142
Financing receivables – net 98  10,589
All other assets 1  168
Other 1,336  1,526
Assets of discontinued operations$1,566 $12,425
      
Liabilities     
Accounts payable, principally trade accounts$8 $110
Deferred income taxes 204  230
All other liabilities 1,502  2,205
Other 1  42
Liabilities of discontinued operations $1,715 $2,587