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Variable Interest Entities (Tables)
3 Months Ended
Mar. 31, 2013
Variable Interest Entities [Abstract]  
Schedule of VIE
   Consolidated Securitization Entities    
   Credit   Trade    
(In millions)Trinity(a) cards(b)Equipment(b)receivables Other Total
                  
March 31, 2013                 
Assets(c)                 
Financing                  
   receivables, net$ 0 $ 23,076 $ 13,440 $ 2,256 $ 1,973 $ 40,745
Investment securities  3,450   0   0   0   1,044   4,494
Other assets  133   28   375   24   2,586   3,146
Total$ 3,583 $ 23,104 $ 13,815 $ 2,280 $ 5,603 $ 48,385
                  
Liabilities(c)                 
Borrowings$ 0 $ 0 $ 0 $ 0 $ 736 $ 736
Non-recourse                  
   borrowings  0   16,723   10,495   1,916   53   29,187
Other liabilities  1,593   191   51   0   1,222   3,057
Total$ 1,593 $ 16,914 $ 10,546 $ 1,916 $ 2,011 $ 32,980
                  
December 31, 2012                 
Assets(c)                 
Financing                 
   receivables, net$ 0 $ 24,169 $ 12,456 $ 2,339 $ 1,952 $ 40,916
Investment securities  3,435   0   0   0   1,051   4,486
Other assets  217   29   360   0   2,428   3,034
Total$ 3,652 $ 24,198 $ 12,816 $ 2,339 $ 5,431 $ 48,436
                  
Liabilities(c)                 
Borrowings$ 0 $ 0 $ 0 $ 0 $ 711 $ 711
Non-recourse                  
   borrowings  0   17,208   9,811   2,050   54   29,123
Other liabilities  1,656   146   11   8   1,215   3,036
Total$ 1,656 $ 17,354 $ 9,822 $ 2,058 $ 1,980 $ 32,870
                  
                  

(a)       Excludes intercompany advances from GECC to Trinity, which are eliminated in consolidation of $2,366 million and $2,441 million at March 31, 2013 and December 31, 2012, respectively.

(b)       We provide servicing to the CSEs and are contractually permitted to commingle cash collected from customers on financing receivables sold to CSE investors with our own cash prior to payment to a CSE, provided our short-term credit rating does not fall below A-1/P-1. These CSEs also owe us amounts for purchased financial assets and scheduled interest and principal payments. At March 31, 2013 and December 31, 2012, the amounts of commingled cash owed to the CSEs were $6,018 million and $6,225 million, respectively, and the amounts owed to us by CSEs were $5,546 million and $6,143 million, respectively.

(c)       Asset amounts exclude intercompany receivables for cash collected on behalf of the entities by GE as servicer, which are eliminated in consolidation. Such receivables provide the cash to repay the entities' liabilities. If these intercompany receivables were included in the table above, assets would be higher. In addition, other assets, borrowings and other liabilities exclude intercompany balances that are eliminated in consolidation.

 

Unconsolidated VIE
   At  
(In millions) March 31, 2013  December 31, 2012
      
Other assets and investment     
   securities$8,475 $10,027
Financing receivables – net 2,580  2,654
Total investments 11,055  12,681
Contractual obligations to fund     
   investments or guarantees 2,708  2,608
Revolving lines of credit 52  41
Total$13,815 $15,330