10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

 (Mark One)

þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2013

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____ to ____

Commission file number001-00035

GENERAL ELECTRIC COMPANY

(Exact name of registrant as specified in its charter)

New York	14-0689340
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
3135 Easton Turnpike, Fairfield, CT	06828-0001
(Address of principal executive offices)	(Zip Code)
(Registrant’s telephone number, including area code)(203) 373-2211 _______________________________________________ (Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þNo ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes þNo ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer þ	Accelerated filer ¨
Non-accelerated filer ¨	Smaller reporting company ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No þ

There were 10,117,369,000 shares of common stock with a par value of $0.06 per share outstanding at September 30, 2013.

(1)

General Electric Company

	Page
Part I - Financial Information
Item 1. Financial Statements
Condensed Statement of Earnings
Three Months Ended September 30, 2013	3
Nine Months Ended September 30, 2013	4
Condensed, Consolidated Statement of Comprehensive Income	5
Condensed, Consolidated Statement of Changes in Shareowners' Equity	5
Condensed Statement of Financial Position	6
Condensed Statement of Cash Flows	7
Summary of Operating Segments	8
Notes to Condensed, Consolidated Financial Statements (Unaudited)	9
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations	58
Item 3. Quantitative and Qualitative Disclosures About Market Risk	84
Item 4. Controls and Procedures	84
Part II - Other Information
Item 1. Legal Proceedings Item 2. Purchases of Equity Securities by the Issuer and Affiliated Purchasers	84 86
Item 6. Exhibits	87
Signatures	88

Forward-Looking Statements

This document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; potential market disruptions or other impacts arising in the United States or Europe from developments in sovereign debt situations; the impact of conditions in the financial and credit markets on the availability and cost of General Electric Capital Corporation’s (GECC) funding and on our ability to reduce GECC’s asset levels as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; changes in Japanese consumer behavior that may affect our estimates of liability for excess interest refund claims (GE Money Japan); pending and future mortgage securitization claims and litigation in connection with WMC, which may affect our estimates of liability, including possible loss estimates; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the adequacy of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; GECC’s ability to pay dividends to GE at the planned level; our ability to convert pre-order commitments into orders; the level of demand and financial performance of the major industries we serve, including, without limitation, air and rail transportation, energy generation, real estate and healthcare; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks, including the impact of financial services regulation; our capital allocation plans, as such plans may change and affect planned share repurchases and strategic actions, including acquisitions, joint ventures and dispositions; our success in completing announced transactions and integrating acquired businesses; the impact of potential information technology or data security breaches; and numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

GE’s Investor Relations website at www.ge.com/investor and our corporate blog at www.gereports.com, as well as GE’s Facebook page and Twitter accounts, contain a significant amount of information about GE, including financial and other information for investors.  GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

(2)

Part I. Financial Information

Item 1. Financial Statements.

General Electric Company and consolidated affiliates

Condensed Statement of Earnings

	Three months ended September 30, (Unaudited)
	Consolidated				GE(a)				Financial Services (GECC)
(In millions, except share amounts)	2013		2012		2013		2012		2013		2012
Revenues and other income
Sales of goods	$	17,966	$	17,734	$	17,994	$	17,860	$	33	$	34
Sales of services		7,186		6,805		7,268		6,889		–		–
Other income		363		787		271		818		–		–
GECC earnings from continuing operations		–		–		1,895		1,675		–		–
GECC revenues from services		10,210		10,928		–		–		10,637		11,240
Total revenues and other income		35,725		36,254		27,428		27,242		10,670		11,274
Costs and expenses
Cost of goods sold		14,658		14,419		14,690		14,550		29		27
Cost of services sold		4,799		4,090		4,881		4,174		–		–
Interest and other financial charges		2,462		2,972		338		294		2,241		2,798
Investment contracts, insurance losses and
insurance annuity benefits		672		756		–		–		714		798
Provision for losses on financing receivables		821		1,122		–		–		821		1,122
Other costs and expenses		8,705		8,871		3,922		4,300		4,959		4,754
Total costs and expenses		32,117		32,230		23,831		23,318		8,764		9,499
Earnings from continuing operations
before income taxes		3,608		4,024		3,597		3,924		1,906		1,775
Benefit (provision) for income taxes		(345)		(557)		(344)		(477)		(1)		(80)
Earnings from continuing operations		3,263		3,467		3,253		3,447		1,905		1,695
Earnings (loss) from discontinued operations,
net of taxes		(82)		41		(82)		41		(83)		(107)
Net earnings		3,181		3,508		3,171		3,488		1,822		1,588
Less net earnings (loss) attributable to
noncontrolling interests		(10)		17		(20)		(3)		10		20
Net earnings attributable to the Company		3,191		3,491		3,191		3,491		1,812		1,568
Preferred stock dividends declared		–		–		–		–		–		–
Net earnings) attributable to GE common
shareowners	$	3,191	$	3,491	$	3,191	$	3,491	$	1,812	$	1,568
Amounts attributable to the Company
Earnings from continuing operations	$	3,273	$	3,450	$	3,273	$	3,450	$	1,895	$	1,675
Earnings (loss) from discontinued operations,
net of taxes		(82)		41		(82)		41		(83)		(107)
Net earnings attributable to the Company	$	3,191	$	3,491	$	3,191	$	3,491	$	1,812	$	1,568
Per-share amounts
Earnings from continuing operations
Diluted earnings per share	$	0.32	$	0.33
Basic earnings per share	$	0.32	$	0.33
Net earnings
Diluted earnings per share	$	0.31	$	0.33
Basic earnings per share	$	0.31	$	0.33
Dividends declared per common share	$	0.19	$	0.17

(a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

See Note 3 for other-than-temporary impairment amounts.

See accompanying notes. Separate information is shown for "GE" and "Financial Services (GECC)." Transactions between GE and GECC have been eliminated from the "Consolidated" columns.

(3)

General Electric Company and consolidated affiliates

Condensed Statement of Earnings

	Nine months ended September 30, (Unaudited)
	Consolidated				GE(a)				Financial Services (GECC)
(In millions, except share amounts)	2013		2012		2013		2012		2013		2012
Revenues and other income
Sales of goods	$	50,902	$	53,234	$	50,970	$	53,432	$	90	$	90
Sales of services		20,939		19,835		21,218		20,142		–		–
Other income		2,082		1,737		1,893		1,827		–		–
GECC earnings from continuing operations		–		–		5,744		5,569		–		–
GECC revenues from services		31,935		32,925		–		–		33,095		33,878
Total revenues and other income		105,858		107,731		79,825		80,970		33,185		33,968
Costs and expenses
Cost of goods sold		41,390		42,681		41,473		42,893		75		75
Cost of services sold		13,871		12,896		14,150		13,203		–		–
Interest and other financial charges		7,700		9,521		988		960		7,046		8,962
Investment contracts, insurance losses and
insurance annuity benefits		2,022		2,155		–		–		2,131		2,271
Provision for losses on financing receivables		3,338		2,728		–		–		3,338		2,728
Other costs and expenses		26,074		25,605		11,883		12,214		14,719		13,918
Total costs and expenses		94,395		95,586		68,494		69,270		27,309		27,954
Earnings from continuing operations
before income taxes		11,463		12,145		11,331		11,700		5,876		6,014
Benefit (provision) for income taxes		(1,159)		(1,718)		(1,065)		(1,319)		(94)		(399)
Earnings from continuing operations		10,304		10,427		10,266		10,381		5,782		5,615
Earnings (loss) from discontinued operations,
net of taxes		(313)		(709)		(313)		(709)		(313)		(857)
Net earnings		9,991		9,718		9,953		9,672		5,469		4,758
Less net earnings (loss) attributable to
noncontrolling interests		140		88		102		42		38		46
Net earnings attributable to the Company		9,851		9,630		9,851		9,630		5,431		4,712
Preferred stock dividends declared		–		–		–		–		(135)		–
Net earnings (loss) attributable to GE common
shareowners	$	9,851	$	9,630	$	9,851	$	9,630	$	5,296	$	4,712
Amounts attributable to the Company
Earnings from continuing operations	$	10,164	$	10,339	$	10,164	$	10,339	$	5,744	$	5,569
Earnings (loss) from discontinued operations,
net of taxes		(313)		(709)		(313)		(709)		(313)		(857)
Net earnings attributable to the Company	$	9,851	$	9,630	$	9,851	$	9,630	$	5,431	$	4,712
Per-share amounts
Earnings from continuing operations
Diluted earnings per share	$	0.98	$	0.98
Basic earnings per share	$	0.99	$	0.98
Net earnings
Diluted earnings per share	$	0.95	$	0.91
Basic earnings per share	$	0.96	$	0.91
Dividends declared per common share	$	0.57	$	0.51

(a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

See Note 3 for other-than-temporary impairment amounts.

See accompanying notes. Separate information is shown for “GE” and “Financial Services (GECC).” Transactions between GE and GECC have been eliminated from the “Consolidated” columns.

(4)

General Electric Company and consolidated affiliates
Condensed, Consolidated Statement of Comprehensive Income
	Three months ended September 30, (Unaudited)				Nine months ended September 30, (Unaudited)
(In millions)		2013		2012		2013		2012
Net earnings	$	3,181	$	3,508	$	9,991	$	9,718
Less: net earnings (loss) attributable to
noncontrolling interests		(10)		17		140		88
Net earnings attributable to GE	$	3,191	$	3,491	$	9,851	$	9,630
Other comprehensive income (loss)
Investment securities	$	170	$	122	$	(362)	$	620
Currency translation adjustments		(383)		1,296		(469)		306
Cash flow hedges		58		65		351		210
Benefit plans		765		924		2,826		2,520
Other comprehensive income (loss)		610		2,407		2,346		3,656
Less: other comprehensive income (loss) attributable to
noncontrolling interests		10		5		(21)		3
Other comprehensive income (loss) attributable to GE	$	600	$	2,402	$	2,367	$	3,653
Comprehensive income	$	3,791	$	5,915	$	12,337	$	13,374
Less: comprehensive income (loss) attributable to
noncontrolling interests		-		22		119		91
Comprehensive income attributable to GE	$	3,791	$	5,893	$	12,218	$	13,283

 Amounts presented net of taxes. See Note 12 for further information about other comprehensive income and noncontrolling interests.

See accompanying notes.

General Electric Company and consolidated affiliates
Condensed, Consolidated Statement of Changes in Shareowners' Equity
	Nine months ended September 30, (Unaudited)
(In millions)		2013		2012
GE shareowners' equity balance at January 1	$	123,026	$	116,438
Increases from net earnings attributable to GE		9,851		9,630
Dividends and other transactions with shareowners		(5,839)		(5,390)
Other comprehensive income (loss) attributable to GE		2,367		3,653
Net sales (purchases) of shares for treasury		(6,454)		(1,205)
Changes in other capital		(259)		(574)
Ending balance at September 30		122,692		122,552
Noncontrolling interests		6,353		5,464
Total equity balance at September 30	$	129,045	$	128,016

See Note 12 for further information about changes in shareowners' equity 

See accompanying notes.

(5)

General Electric Company and consolidated affiliates

Condensed Statement of Financial Position

	Consolidated				GE(a)				Financial Services (GECC)
	September 30,		December 31,		September 30,		December 31,		September 30,		December 31,
(In millions, except share amounts)	2013		2012		2013		2012		2013		2012
	(Unaudited)				(Unaudited)				(Unaudited)
Assets
Cash and equivalents	$	86,500	$	77,357	$	10,202	$	15,509	$	76,298	$	61,942
Investment securities		43,897		48,510		96		74		43,805		48,439
Current receivables		20,582		19,902		10,741		9,274		-		-
Inventories		17,943		15,374		17,865		15,295		78		79
Financing receivables – net		243,835		258,028		-		-		254,223		268,951
Other GECC receivables		9,030		7,890		-		-		14,899		13,917
Property, plant and equipment – net		68,741		69,044		17,016		16,033		51,680		52,974
Investment in GECC		-		-		79,164		77,930		-		-
Goodwill		78,024		73,175		51,328		46,143		26,696		27,032
Other intangible assets – net		14,226		11,987		13,056		10,700		1,176		1,294
All other assets		72,881		101,659		23,143		39,534		50,139		62,201
Deferred income taxes		3,937		(42)		9,597		5,946		(5,660)		(5,988)
Assets of businesses held for sale		169		211		118		-		51		211
Assets of discontinued operations		1,673		2,308		9		9		1,664		2,299
Total assets(b)	$	661,438	$	685,403	$	232,335	$	236,447	$	515,049	$	533,351
Liabilities and equity
Short-term borrowings	$	80,496	$	101,392	$	1,102	$	6,041	$	79,830	$	95,940
Accounts payable, principally trade accounts		16,449		15,657		14,906		14,259		7,189		6,259
Progress collections and price adjustments accrued		12,122		10,877		12,149		10,877		-		-
Dividends payable		1,922		1,980		1,922		1,980		-		-
Other GE current liabilities		14,669		14,895		14,669		14,896		-		-
Non-recourse borrowings of consolidated
securitization entities		29,966		30,123		-		-		29,966		30,123
Bank deposits		50,761		46,461		-		-		50,761		46,461
Long-term borrowings		226,872		236,084		11,493		11,428		215,503		224,776
Investment contracts, insurance liabilities
and insurance annuity benefits		26,661		28,268		-		-		27,155		28,696
All other liabilities		70,033		68,588		52,432		53,093		17,656		15,961
Liabilities of businesses held for sale		42		157		38		-		4		157
Liabilities of discontinued operations		2,400		2,451		68		70		2,332		2,381
Total liabilities(b)		532,393		556,933		108,779		112,644		430,396		450,754
GECC preferred stock (50,000 and 40,000 shares
outstanding at September 30, 2013 and
December 31, 2012, respectively.)		-		-		-		-		-		-
Common stock (10,117,369,000 and 10,405,625,000
shares outstanding at September 30, 2013 and
December 31, 2012, respectively)		702		702		702		702		-		-
Accumulated other comprehensive income (loss) – net(c)
Investment securities		315		677		315		677		297		673
Currency translation adjustments		(36)		412		(36)		412		(238)		(131)
Cash flow hedges		(370)		(722)		(370)		(722)		(396)		(746)
Benefit plans		(17,772)		(20,597)		(17,772)		(20,597)		(706)		(736)
Other capital		32,811		33,070		32,811		33,070		32,564		31,586
Retained earnings		148,067		144,055		148,067		144,055		52,593		51,244
Less common stock held in treasury		(41,025)		(34,571)		(41,025)		(34,571)		-		-
Total GE shareowners’ equity		122,692		123,026		122,692		123,026		84,114		81,890
Noncontrolling interests(d)		6,353		5,444		864		777		539		707
Total equity		129,045		128,470		123,556		123,803		84,653		82,597
Total liabilities and equity	$	661,438	$	685,403	$	232,335	$	236,447	$	515,049	$	533,351

(a)   Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

(b) Our consolidated assets at September 30, 2013 include total assets of $46,748 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $40,398 million and investment securities of $4,148 million. Our consolidated liabilities at September 30, 2013 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $28,416 million. See Note 18.

(c) The sum of accumulated other comprehensive income (loss) attributable to GE was $(17,863) million and $(20,230) million at September 30, 2013 and December 31, 2012, respectively.

(d) Included accumulated other comprehensive income (loss) attributable to noncontrolling interests of $(176) million and $(155) million at September 30, 2013 and December 31, 2012, respectively.

See accompanying notes. Separate information is shown for "GE" and "Financial Services (GECC)." Transactions between GE and GECC have been eliminated from the "Consolidated" columns.

(6)

General Electric Company and consolidated affiliates

Condensed Statement of Cash Flows

	Nine months ended September 30, (Unaudited)
	Consolidated				GE(a)				Financial Services (GECC)
(In millions)	2013		2012		2013		2012		2013		2012
Cash flows – operating activities
Net earnings	$	9,991	$	9,718	$	9,953	$	9,672	$	5,469	$	4,758
Less net earnings (loss) attributable to noncontrolling    interests		140		88		102		42		38		46
Net earnings attributable to the Company		9,851		9,630		9,851		9,630		5,431		4,712
(Earnings) loss from discontinued operations		313		709		313		709		313		857
Adjustments to reconcile net earnings attributable to the
Company to cash provided from operating activities
Depreciation and amortization of property,
plant and equipment		7,155		6,699		1,783		1,677		5,372		5,022
Earnings from continuing operations retained by GECC(b)		-		-		(1,797)		(123)		-		-
Deferred income taxes		(2,051)		(1,555)		(2,568)		(605)		517		(950)
Decrease (increase) in GE current receivables		196		114		(1,262)		345		-		-
Decrease (increase) in inventories		(1,795)		(1,949)		(1,759)		(1,895)		-		(22)
Increase (decrease) in accounts payable		977		221		574		299		747		(310)
Increase (decrease) in GE progress collections		918		(1,015)		944		(1,015)		-		-
Provision for losses on GECC financing receivables		3,338		2,728		-		-		3,338		2,728
All other operating activities		(1,634)		4,354		1,749		1,630		(3,852)		2,853
Cash from (used for) operating activities – continuing
operations		17,268		19,936		7,828		10,652		11,866		14,890
Cash from (used for) operating activities – discontinued
operations		(106)		142		(2)		-		(104)		142
Cash from (used for) operating activities		17,162		20,078		7,826		10,652		11,762		15,032
Cash flows – investing activities
Additions to property, plant and equipment		(10,130)		(10,500)		(2,705)		(2,741)		(7,582)		(8,098)
Dispositions of property, plant and equipment		4,119		4,836		-		-		4,119		4,836
Net decrease (increase) in GECC financing receivables		7,221		9,464		-		-		8,495		9,521
Proceeds from sale of discontinued operations		-		227		-		-		-		227
Proceeds from principal business dispositions		1,101		293		260		49		841		244
Proceeds from sale of equity interest in NBCU LLC		16,699		-		16,699		-		-		-
Net cash from (payments for) principal businesses purchased		(1,617)		(604)		(8,001)		(604)		6,384		-
All other investing activities		14,532		8,971		(946)		(334)		15,916		9,519
Cash from (used for) investing activities – continuing
operations		31,925		12,687		5,307		(3,630)		28,173		16,249
Cash from (used for) investing activities – discontinued
operations		97		(152)		2		-		95		(152)
Cash from (used for) investing activities		32,022		12,535		5,309		(3,630)		28,268		16,097
Cash flows – financing activities
Net increase (decrease) in borrowings (maturities of
90 days or less)		(9,949)		(660)		(164)		661		(9,917)		(1,209)
Net increase (decrease) in bank deposits		(2,222)		1,195		-		-		(2,222)		1,195
Newly issued debt (maturities longer than 90 days)		41,456		43,468		101		33		41,355		43,215
Repayments and other reductions (maturities longer
than 90 days)		(55,451)		(70,405)		(5,051)		(17)		(50,396)		(70,388)
Proceeds from issuance of GECC preferred stock		990		3,960		-		-		990		3,960
Net dispositions (purchases) of GE shares for treasury		(7,496)		(2,280)		(7,496)		(2,280)		-		-
Dividends paid to shareowners		(5,895)		(5,401)		(5,895)		(5,401)		(4,082)		(5,446)
All other financing activities		(445)		(2,783)		115		(54)		(425)		(2,729)
Cash from (used for) financing activities – continuing
operations		(39,012)		(32,906)		(18,390)		(7,058)		(24,697)		(31,402)
Cash from (used for) financing activities – discontinued
operations		15		-		-		-		15		-
Cash from (used for) financing activities		(38,997)		(32,906)		(18,390)		(7,058)		(24,682)		(31,402)
Effect of currency exchange rate changes on cash
and equivalents		(1,038)		1,243		(52)		16		(986)		1,227
Increase (decrease) in cash and equivalents		9,149		950		(5,307)		(20)		14,362		954
Cash and equivalents at beginning of year		77,459		84,622		15,509		8,382		62,044		76,823
Cash and equivalents at September 30		86,608		85,572		10,202		8,362		76,406		77,777
Less cash and equivalents of discontinued operations
at September 30		108		110		-		-		108		110
Cash and equivalents of continuing operations
at September 30	$	86,500	$	85,462	$	10,202	$	8,362	$	76,298	$	77,667

(a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

(b) Represents GECC earnings from continuing operations attributable to the Company, net of GECC dividends paid to GE.

See accompanying notes. Separate information is shown for "GE" and "Financial Services (GECC)." Transactions between GE and GECC have been eliminated from the "Consolidated" columns and are discussed in Note 19.

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Summary of Operating Segments

General Electric Company and consolidated affiliates

	Three months ended September 30,				Nine months ended September 30,
	(Unaudited)				(Unaudited)
(In millions)	2013		2012		2013		2012
Revenues(a)
Power & Water	$	6,498	$	7,196	$	17,038	$	20,647
Oil & Gas		4,315		3,645		11,669		10,693
Energy Management		1,828		1,879		5,557		5,478
Aviation		5,364		4,781		15,741		14,527
Healthcare		4,304		4,307		13,083		13,107
Transportation		1,406		1,409		4,425		4,244
Home & Business Solutions		2,098		1,955		6,142		5,899
Total industrial segment revenues		25,813		25,172		73,655		74,595
GE Capital		10,670		11,274		33,185		33,968
Total segment revenues		36,483		36,446		106,840		108,563
Corporate items and eliminations(a)		(758)		(192)		(982)		(832)
Consolidated revenues and other income	$	35,725	$	36,254	$	105,858	$	107,731
Segment profit(a)
Power & Water	$	1,289	$	1,184	$	3,095	$	3,675
Oil & Gas		519		469		1,376		1,275
Energy Management		18		42		64		67
Aviation		1,091		924		3,094		2,708
Healthcare		665		620		1,986		1,899
Transportation		306		265		886		779
Home & Business Solutions		77		60		239		196
Total industrial segment profit		3,965		3,564		10,740		10,599
GE Capital		1,895		1,675		5,744		5,569
Total segment profit		5,860		5,239		16,484		16,168
Corporate items and eliminations(a)		(1,905)		(1,018)		(4,267)		(3,550)
GE interest and other financial charges		(338)		(294)		(988)		(960)
GE provision for income taxes		(344)		(477)		(1,065)		(1,319)
Earnings from continuing operations attributable
to the Company		3,273		3,450		10,164		10,339
Earnings (loss) from discontinued operations,
net of taxes, attributable to the Company		(82)		41		(313)		(709)
Consolidated net earnings attributable to
the Company	$	3,191	$	3,491	$	9,851	$	9,630

(a)   Segment revenues includes both revenues and other income related to the segment. Segment profit excludes results reported as discontinued operations, earnings attributable to noncontrolling interests of consolidated subsidiaries, GECC preferred stock dividends declared and accounting changes. Segment profit excludes or includes interest and other financial charges and income taxes according to how a particular segment’s management is measured – excluded in determining segment profit, which we sometimes refer to as “operating profit,” for Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation and Home & Business Solutions; included in determining segment profit, which we sometimes refer to as “net earnings,” for GE Capital.

See accompanying notes. 

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Notes to Condensed, Consolidated Financial Statements (Unaudited)

1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying condensed, consolidated financial statements represent the consolidation of General Electric Company (the Company) and all companies that we directly or indirectly control, either through majority ownership or otherwise. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (2012 consolidated financial statements), which discusses our consolidation and financial statement presentation. As used in this report on Form 10-Q (Report), “GE” represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), whose continuing operations are presented on a one-line basis; GECC consists of General Electric Capital Corporation and all of its affiliates; and “Consolidated” represents the adding together of GE and GECC with the effects of transactions between the two eliminated. Unless otherwise indicated, we refer to the caption revenues and other income simply as “revenues” throughout Item 1 of this Form 10-Q.

We have reclassified certain prior-period amounts to conform to the current-period presentation. Unless otherwise indicated, information in these notes to the condensed, consolidated financial statements relates to continuing operations.

Accounting Changes

On January 1, 2012, we adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2011-05, an amendment to Accounting Standards Codification (ASC) 220, Comprehensive Income. ASU 2011-05 introduced a new statement, the Consolidated Statement of Comprehensive Income. The amendments affect only the display of those components of equity categorized as other comprehensive income and do not change existing recognition and measurement requirements that determine net earnings.

On January 1, 2012, we adopted FASB ASU 2011-04, an amendment to ASC 820, Fair Value Measurements. ASU 2011-04 clarifies or changes the application of existing fair value measurements, including: that the highest and best use valuation premise in a fair value measurement is relevant only when measuring the fair value of nonfinancial assets; that a reporting entity should measure the fair value of its own equity instrument from the perspective of a market participant that holds that instrument as an asset; to permit an entity to measure the fair value of certain financial instruments on a net basis rather than based on its gross exposure when the reporting entity manages its financial instruments on the basis of such net exposure; that in the absence of a Level 1 input, a reporting entity should apply premiums and discounts when market participants would do so when pricing the asset or liability consistent with the unit of account; and that premiums and discounts related to size as a characteristic of the reporting entity’s holding are not permitted in a fair value measurement. Adopting these amendments had no effect on the financial statements. For a description of how we estimate fair value and our process for reviewing fair value measurements classified as Level 3 in the fair value hierarchy, see Note 1 in our 2012 consolidated financial statements.

See Note 1 in our 2012 consolidated financial statements for a summary of our significant accounting policies.

Interim Period Presentation

The condensed, consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these condensed, consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. It is suggested that these condensed, consolidated financial statements be read in conjunction with the financial statements and notes thereto included in our 2012 consolidated financial statements. We label our quarterly information using a calendar convention, that is, first quarter is labeled as ending on March 31, second quarter as ending on June 30, and third quarter as ending on September 30. It is our longstanding practice to establish interim quarterly closing dates using a fiscal calendar, which requires our businesses to close their books on either a Saturday or Sunday, depending on the business. The effects of this practice are modest and only exist within a reporting year. The fiscal closing calendar for 2013 is available on our website, www.ge.com/secreports.

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2. ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS

Assets and Liabilities of Businesses Held for Sale

In the first quarter of 2013, we committed to sell certain of our machining and fabrication businesses at Aviation and our Consumer auto and personal loan business in Portugal.  We completed the sale of our Consumer auto and personal loan business in Portugal on July 15, 2013 for proceeds of $83 million.

In the second quarter of 2012, we committed to sell a portion of our Business Properties portfolio (Business Property) in Real Estate, including certain commercial loans, the origination and servicing platforms and the servicing rights on loans previously securitized by GECC. We completed the sale of Business Property on October 1, 2012 for proceeds of $2,406 million. We deconsolidated substantially all Real Estate securitization entities in the fourth quarter of 2012 as servicing rights related to these entities were transferred to the buyer at closing.

Summarized financial information for businesses held for sale is shown below.

	At
	September 30,		December 31,
(In millions)	2013		2012
Assets
Cash and equivalents	$	4	$	74
Financing receivables – net		-		47
Property, plant and equipment – net		26		31
Other intangible assets – net		20		9
Other		119		50
Assets of businesses held for sale	$	169	$	211
Liabilities
Short-term borrowings	$	-	$	138
Other		42		19
Liabilities of businesses held for sale	$	42	$	157

NBCU

On March 19, 2013, we closed a transaction to sell our remaining 49% common equity interest in NBCUniversal LLC (NBCU LLC) to Comcast Corporation (Comcast) for total consideration of $16,722 million, consisting of $11,997 million in cash, $4,000 million in Comcast guaranteed debt and $725 million in preferred stock. The $4,000 million of debt and the $725 million of preferred shares were both issued by a wholly-owned subsidiary of Comcast.  During the three months ended March 31, 2013, but subsequent to the closing of the transaction, both of these instruments were sold at approximately par value. In addition, Comcast is obligated to share with us potential tax savings associated with Comcast’s purchase of our NBCU LLC interest, if realized. We did not recognize these potential future payments as consideration for the sale, but will record such payments in income as they are received. GECC also sold real estate comprising certain floors located at 30 Rockefeller Center, New York and the CNBC property located in Englewood Cliffs, New Jersey to affiliates of NBCU LLC for $1,430 million in cash.

As a result of the transactions, we recognized a pre-tax gain of $1,096 million ($825 million after tax) on the sale of our 49% common equity interest in NBCU LLC and $921 million ($564 million after tax) on the sale of GECC’s real estate properties.

Discontinued Operations

Discontinued operations primarily comprised GE Money Japan (our Japanese personal loan business, Lake, and our Japanese mortgage and card businesses, excluding our investment in GE Nissen Credit Co., Ltd.), our U.S. mortgage business (WMC), our Consumer mortgage lending business in Ireland (Consumer Ireland) and our CLL trailer services business in Europe (CLL Trailer Services). Associated results of operations, financial position and cash flows are separately reported as discontinued operations for all periods presented.

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Summarized financial information for discontinued operations is shown below.

	Three months ended September 30,				Nine months ended September 30,
(In millions)		2013		2012		2013		2012
Operations
Total revenues and other income (loss)	$	79	$	(17)	$	109	$	(160)
Earnings (loss) from discontinued operations
before income taxes	$	2	$	(139)	$	(157)	$	(587)
Benefit (provision) for income taxes		9		30		151		187
Earnings (loss) from discontinued operations,
net of taxes	$	11	$	(109)	$	(6)	$	(400)
Disposal
Gain (loss) on disposal before income taxes	$	(108)	$	(4)	$	(390)	$	(506)
Benefit (provision) for income taxes		15		154		83		197
Gain (loss) on disposal, net of taxes	$	(93)	$	150	$	(307)	$	(309)
Earnings (loss) from discontinued operations,
net of taxes(a)	$	(82)	$	41	$	(313)	$	(709)

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

	At
	September 30,		December 31,
(In millions)	2013		2012
Assets
Cash and equivalents	$	108	$	102
Property, plant and equipment - net		474		699
Other		1,091		1,507
Assets of discontinued operations	$	1,673	$	2,308
Liabilities
Deferred income taxes	$	323	$	372
Other		2,077		2,079
Liabilities of discontinued operations	$	2,400	$	2,451

Assets at September 30, 2013 and December 31, 2012 primarily comprised cash, property, plant and equipment - net and a deferred tax asset for a loss carryforward, which expires principally in 2017 and in part in 2019, related to the sale of our GE Money Japan business.

GE Money Japan

During the third quarter of 2008, we completed the sale of GE Money Japan, which included our Japanese personal loan business. Under the terms of the sale, we reduced the proceeds for estimated refund claims in excess of the statutory interest rate. Proceeds from the sale were to be increased or decreased based on the actual claims experienced in accordance with loss-sharing terms specified in the sale agreement, with all claims in excess of 258 billion Japanese yen (approximately $3,000 million) remaining our responsibility. The underlying portfolio to which this obligation relates is in runoff and interest rates were capped for all designated accounts by mid-2009. In the third quarter of 2010, we were required to begin making reimbursements under this arrangement.

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Overall, excess interest refund claims experience has been difficult to predict and subject to several adverse factors, including the challenging global economic conditions over the last few years, the financial status of other Japanese personal lenders (including the 2010 bankruptcy of a large independent personal loan company), substantial ongoing legal advertising, and consumer behavior. Our reserves declined from $700 million at December 31, 2012, to $527 million at September 30, 2013, as claim payments and the effects of a strengthening U.S. dollar against the Japanese yen were partially offset by an increase to reserves of $205 million. In determining reserve levels, we consider analyses of recent and historical claims experience, as well as pending and estimated future refund requests, adjusted for the estimated percentage of customers who present valid requests and associated estimated payments. We determined our reserve assuming the pace of incoming claims will decelerate, that average exposure per claim remains consistent with recent experience, and that we continue to see the impact of loss mitigation efforts. Since our disposition of the business, incoming claims have continued to decline; however, it is highly variable and difficult to predict the pace and pattern of that decline and such assumptions have a significant effect on the total amount of our liability. Holding all other assumptions constant, an adverse change of 20% and 50% in assumed incoming daily claim rate reduction (resulting in an extension of the claim period and higher incoming claims), would result in an increase to our reserve of approximately $75 million and $400 million, respectively. We continue to closely monitor and evaluate claims activity.

Based on the uncertainties discussed above, and considering other environmental factors in Japan, including the runoff status of the underlying book of business, challenging economic conditions, the impact of laws and regulations (including consideration of proposed legislation that could impose a framework for collective legal action proceedings), and the financial status of other local personal lending companies, it is difficult to develop a meaningful estimate of the aggregate possible claims exposure. These uncertainties and factors could have an adverse effect on claims development.

GE Money Japan earnings (loss) from discontinued operations, net of taxes, were $(80) million and $(9) million in the three months ended September 30, 2013 and 2012, respectively, and $(196) million and $(363) million in the nine months ended September 30, 2013 and 2012, respectively.

WMC

During the fourth quarter of 2007, we completed the sale of WMC, our U.S. mortgage business. WMC substantially discontinued all new loan originations by the second quarter of 2007, and is not a loan servicer. In connection with the sale, WMC retained certain representation and warranty obligations related to loans sold to third parties prior to the disposal of the business and contractual obligations to repurchase previously sold loans as to which there was an early payment default. All claims received by WMC for early payment default have either been resolved or are no longer being pursued.

Pending repurchase claims based upon representations and warranties made in connection with loan sales were $6,311 million at September 30, 2013, $5,357 million at December 31, 2012 and $705 million at December 31, 2011. Pending claims represent those active repurchase claims that identify the specific loans tendered for repurchase and, for each loan, the alleged breach of a representation or warranty. As such, they do not include unspecified repurchase claims, such as the Litigation Claims discussed below, or claims relating to breaches of representations that were made more than six years before WMC was notified of the claim. WMC believes that these repurchase claims do not meet the substantive and procedural requirements for tender under the governing agreements, would be disallowed in legal proceedings under applicable statutes of limitations or are otherwise invalid. The amounts reported in pending claims reflect the purchase price or unpaid principal balances of the loans at the time of purchase and do not give effect to pay downs, accrued interest or fees, or potential recoveries based upon the underlying collateral. Historically, a small percentage of the total loans WMC originated and sold have been treated as “validly tendered,” meaning the loan was subject to repurchase because there was a breach of a representation and warranty that materially and adversely affected the value of the loan, and the demanding party met all other procedural and substantive requirements for repurchase.

Reserves related to WMC pending and estimated future loan repurchase claims were $800 million at September 30, 2013, reflecting an increase to reserves in the nine months ended September 30, 2013 of $167 million due to incremental claim activity and updates to WMC’s estimate of future losses. The amount of these reserves is based upon pending and estimated future loan repurchase requests, WMC’s historical loss experience and evaluation of claim activity on loans tendered for repurchase. 

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The following table provides a roll forward of the reserve and pending repurchase claims.

	Reserve					Pending claims
(In millions)		Three months ended September 30, 2013		Nine months ended September 30, 2013	(In millions)		Three months ended September 30, 2013		Nine months ended September 30, 2013
Reserve, beginning   of period	$	787	$	633	Pending claims,   beginning of period	$	6,335	$	5,357
Provision		18		172	New claims		-		978
Claim resolutions/   rescissions		(5)		(5)	Claim resolutions/   rescissions		(24)		(24)
Reserve, end  of period	$	800	$	800	Pending claims, end  of period	$	6,311	$	6,311

Given the significant recent activity in pending claims and related litigation filed in connection with such claims, it is difficult to assess whether future losses will be consistent with WMC’s past experience. Adverse changes to WMC’s assumptions supporting the reserve for pending and estimated future loan repurchase claims may result in an increase to these reserves. For example, a 50% increase in the estimate of future loan repurchase requests and a 100% increase in the estimated loss rate on loans tendered (and assuming settlements at current demands), would result in an increase to the reserves of approximately $525 million.

There are 16 lawsuits involving claims made against WMC arising from alleged breaches of representations and warranties on mortgage loans included in 15 securitizations. WMC initiated three of the cases as the plaintiff; in the other cases WMC is a defendant. The adverse parties in these cases are securitization trustees or parties claiming to act on their behalf. In 12 of these lawsuits, the adverse parties seek compensatory or other relief for mortgage loans beyond those included in WMC’s previously discussed pending claims at September 30, 2013 (Litigation Claims). These Litigation Claims consist of sampling-based claims in two cases on approximately $900 million of mortgage loans and, in the other ten cases, claims for repurchase or damages based on the alleged failure to provide notice of defective loans, breach of a corporate representation and warranty, and/or non-specific claims for rescissionary damages on approximately $5,700 million of mortgage loans. These claims reflect the purchase price or unpaid principal balances of the loans at the time of purchase and do not give effect to pay downs, accrued interest or fees, or potential recoveries based upon the underlying collateral. As noted above, WMC believes that the Litigation Claims conflict with the governing agreements and applicable law. As a result, WMC has not included the Litigation Claims in its pending claims or in its estimates of future loan repurchase requests and holds no related reserve as of September 30, 2013.

At this point, WMC is unable to develop a meaningful estimate of reasonably possible loss in connection with the Litigation Claims described above due to a number of factors, including the extent to which courts will agree with the theories supporting the Litigation Claims. The case law on these issues is unsettled, and while several courts have supported some of the theories underlying WMC’s legal defenses, other courts have rejected them. There are a number of pending cases, including WMC cases, which, in the coming months, could provide more certainty regarding the legal status of these claims. An adverse court decision on any of the theories supporting the Litigation Claims could increase WMC’s exposure in some or all of the 16 lawsuits, result in a reclassification of some or all of the Litigation Claims to Pending Claims and provoke new claims and lawsuits on additional loans. However, WMC continues to believe that it has defenses to all the claims asserted in litigation, including, for example, causation and materiality requirements, limitations on remedies for breach of representations and warranties, and the applicable statutes of limitations. To the extent WMC is required to repurchase loans, WMC’s loss also would be affected by several factors, including pay downs, accrued interest and fees, and the value of the underlying collateral. It is not possible to predict the outcome or impact of these defenses and other factors, any one of which could materially affect the amount of any loss ultimately incurred by WMC on these claims.

WMC has received claims on approximately $1,000 million of mortgage loans after the expiration of the statute of limitations as of September 30, 2013, $700 million of which are also included as Litigation Claims. Subsequent to September 30, 2013, WMC has received approximately $600 million of additional claims tendered after the six-year anniversary of the securitization. WMC has also received unspecified indemnification demands from depositors/underwriters/sponsors of residential mortgage-backed securities (RMBS) in connection with lawsuits brought by RMBS investors concerning alleged misrepresentations in the securitization offering documents to which WMC is not a party. WMC believes that it has defenses to these demands.

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The reserve estimates reflect judgment, based on currently available information, and a number of assumptions, including economic conditions, claim activity, pending and threatened litigation, indemnification demands, estimated repurchase rates, and other activity in the mortgage industry. Actual losses arising from claims against WMC could exceed the reserve amount and additional claims and lawsuits could result if actual claim rates, governmental actions, litigation and indemnification activity, adverse court decisions, settlement activity, actual repurchase rates or losses WMC incurs on repurchased loans differ from its assumptions. It is difficult to develop a meaningful estimate of aggregate possible claims exposure because of uncertainties surrounding economic conditions, the ability and propensity of mortgage loan holders to present and resolve valid claims, governmental actions, mortgage industry activity and litigation, court decisions affecting WMC’s defenses, and pending and threatened litigation and indemnification demands against WMC.

WMC revenues and other income (loss) from discontinued operations were $(13) million and $(117) million in the three months ended September 30, 2013 and 2012, respectively, and $(167) million and $(475) million in the nine months ended September 30, 2013 and 2012, respectively. WMC’s losses from discontinued operations, net of taxes, were $11 million and $78 million in the three months ended September 30, 2013 and 2012, respectively, and $116 million and $314 million in the nine months ended September 30, 2013 and 2012, respectively.

Other Financial Services

In the first quarter of 2013, we announced the planned disposition of CLL Trailer Services and classified the business as discontinued operations. CLL Trailer Services revenues and other income (loss) from discontinued operations were $91 million and $95 million in the three months ended September 30, 2013 and 2012, respectively, and $274 million and $301 million in the nine months ended September 30, 2013 and 2012, respectively. CLL Trailer Services earnings (loss) from discontinued operations, net of taxes, were $(9) million and $5 million in the three months ended September 30, 2013 and 2012, respectively, and $(19) million (including a $118 million loss on disposal) and $24 million in the nine months ended September 30, 2013 and 2012, respectively.

In the first quarter of 2012, we announced the planned disposition of Consumer Ireland and classified the business as discontinued operations. We completed the sale in the third quarter of 2012 for proceeds of $227 million. Consumer Ireland revenues and other income (loss) from discontinued operations were an insignificant amount and $1 million in the three months ended September 30, 2013 and 2012, respectively, and an insignificant amount and $7 million in the nine months ended September 30, 2013 and 2012, respectively. Consumer Ireland earnings (loss) from discontinued operations, net of taxes, were $6 million and $(8) million in the three months ended September 30, 2013 and 2012, respectively, and $7 million and $(194) million (including a $121 million loss on disposal) in the nine months ended September 30, 2013 and 2012, respectively.

GE Industrial

GE industrial earnings (loss) from discontinued operations, net of taxes, were $1 million and $148 million in the three months ended September 30, 2013 and 2012, respectively, and an insignificant amount and $148 million in the nine months ended September 30, 2013 and 2012, respectively. During the third quarter of 2012, we resolved with the Internal Revenue Service the tax treatment of the 2007 disposition of our Plastics business, resulting in a tax benefit of $148 million. The sum of GE industrial earnings (loss) from discontinued operations, net of taxes, and GECC earnings (loss) from discontinued operations, net of taxes, is reported as GE earnings (loss) from discontinued operations, net of taxes, on the Condensed Statement of Earnings.

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3. INVESTMENT SECURITIES

Substantially all of our investment securities are classified as available-for-sale. These comprise mainly investment grade debt securities supporting obligations to annuitants, policyholders and holders of guaranteed investment contracts (GICs) in our run-off insurance operations and Trinity, and investments held in our Commercial Lending and Leasing (CLL) business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries. We do not have any securities classified as held-to-maturity.

	September 30, 2013								December 31, 2012
			Gross		Gross						Gross		Gross
	Amortized		unrealized		unrealized		Estimated		Amortized		unrealized		unrealized		Estimated
(In millions)	cost		gains		losses		fair value		cost		gains		losses		fair value
GE
Debt
U.S. corporate	$	22	$	10	$	-	$	32	$	39	$	-	$	-	$	39
Corporate – non-U.S.		13		1		-		14		6		-		-		6
Equity
Available-for-sale		37		3		-		40		26		-		-		26
Trading		10		-		-		10		3		-		-		3
		82		14		-		96		74		-		-		74
GECC
Debt
U.S. corporate		20,050		2,516		(209)		22,357		20,233		4,201		(302)		24,132
State and municipal		4,187		246		(189)		4,244		4,084		575		(113)		4,546
Residential mortgage-
backed(a)		1,944		146		(59)		2,031		2,198		183		(119)		2,262
Commercial mortgage-backed		2,919		194		(88)		3,025		2,930		259		(95)		3,094
Asset-backed		6,533		8		(62)		6,479		5,784		31		(77)		5,738
Corporate – non-U.S.		1,893		101		(96)		1,898		2,391		150		(126)		2,415
Government – non-U.S.		2,370		86		(7)		2,449		1,617		149		(3)		1,763
U.S. government and federal
agency		839		52		(40)		851		3,462		103		-		3,565
Retained interests		67		11		-		78		76		7		-		83
Equity
Available-for-sale		208		46		(3)		251		513		86		(3)		596
Trading		142		-		-		142		245		-		-		245
		41,152		3,406		(753)		43,805		43,533		5,744		(838)		48,439
Eliminations		(4)		-		-		(4)		(3)		-		-		(3)
Total	$	41,230	$	3,420	$	(753)	$	43,897	$	43,604	$	5,744	$	(838)	$	48,510

(a) Substantially collateralized by U.S. mortgages. Of our total RMBS portfolio at September 30, 2013, $1,286 million relates to securities issued by government-sponsored entities and $745 million relates to securities of private label issuers. Securities issued by private label issuers are collateralized primarily by pools of individual direct mortgage loans of financial institutions.

The fair value of investment securities decreased to $43,897 million at September 30, 2013, from $48,510 million at December 31, 2012, primarily due to the sale of U.S. government and federal agency securities at our treasury operations and the impact of higher interest rates.

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The following tables present the estimated fair values and gross unrealized losses of our available-for-sale investment securities.

	In loss position for
	Less than 12 months					12 months or more
			Gross					Gross
	Estimated		unrealized			Estimated		unrealized
(In millions)	fair value		losses		(a)	fair value		losses		(a)
September 30, 2013
Debt
U.S. corporate	$	2,120	$	(134)		$	416	$	(75)
State and municipal		996		(84)			313		(105)
Residential mortgage-backed		237		(9)			511		(50)
Commercial mortgage-backed		292		(26)			773		(62)
Asset-backed		5,950		(13)			404		(49)
Corporate – non-U.S.		140		(1)			495		(95)
Government – non-U.S.		1,474		(6)			40		(1)
U.S. government and federal agency		444		(40)			-		-
Retained interests		9		-			-		-
Equity		17		(3)			-		-
Total	$	11,679	$	(316)		$	2,952	$	(437)
December 31, 2012
Debt
U.S. corporate	$	434	$	(7)		$	813	$	(295)
State and municipal		146		(2)			326		(111)
Residential mortgage-backed		98		(1)			691		(118)
Commercial mortgage-backed		37		-			979		(95)
Asset-backed		18		(1)			658		(76)
Corporate – non-U.S.		167		(8)			602		(118)
Government – non-U.S.		201		(1)			37		(2)
U.S. government and federal agency		-		-			-		-
Retained interests		3		-			-		-
Equity		26		(3)			-		-
Total	$	1,130	$	(23)		$	4,106	$	(815)

(a)   Includes gross unrealized losses at September 30, 2013 of $(131) million related to securities that had other-than-temporary impairments previously recognized.

We regularly review investment securities for impairment using both qualitative and quantitative criteria. We presently do not intend to sell the vast majority of our debt securities that are in an unrealized loss position and believe that it is not more likely than not that we will be required to sell these securities before recovery of our amortized cost. We believe that the unrealized loss associated with our equity securities will be recovered within the foreseeable future. The methodologies and significant inputs used to measure the amount of credit loss for our investment securities during the nine months ended September 30, 2013 have not changed from those described in Note 3 in our 2012 consolidated financial statements.

During the three months ended September 30, 2013, we recognized pre-tax, other-than-temporary impairments of $62 million, of which $56 million was recorded through earnings ($13 million relates to equity securities), and $6 million was recorded in accumulated other comprehensive income (loss) (AOCI). At July 1, 2013, cumulative impairments recognized in earnings associated with debt securities still held were $945 million. During the three months ended September 30, 2013, we recognized no first-time impairments and incremental charges on previously impaired securities of $42 million. Of these cumulative amounts recognized through September 30, 2013, $52 million related to securities that were subsequently sold before the end of the third quarter of 2013.

During the three months ended September 30, 2012, we recognized pre-tax, other-than-temporary impairments of $25 million, all of which was recorded through earnings. At July 1, 2012, cumulative impairments recognized in earnings associated with debt securities still held were $578 million. During the three months ended September 30, 2012, we recognized no first-time impairments and incremental charges on previously impaired securities of $13 million. Of these cumulative amounts recognized through September 30, 2012, $39 million related to securities that were subsequently sold before the end of the third quarter of 2012.

(16)

During the nine months ended September 30, 2013, we recognized pre-tax, other-than-temporary impairments of $523 million, of which $487 million was recorded through earnings ($14 million relates to equity securities), and $36 million was recorded in AOCI. At January 1, 2013, cumulative impairments recognized in earnings associated with debt securities still held were $588 million. During the nine months ended September 30, 2013, we recognized first-time impairments of $385 million and incremental charges on previously impaired securities of $61 million. Of these cumulative amounts recognized through September 30, 2013, $99 million related to securities that were subsequently sold before the end of the third quarter of 2013.

During the nine months ended September 30, 2012, we recognized pre-tax, other-than-temporary impairments of $90 million, of which $89 million was recorded through earnings ($24 million relates to equity securities) and $1 million was recorded in AOCI. At January 1, 2012, cumulative impairments recognized in earnings associated with debt securities still held were $726 million. During the nine months ended September 30, 2012, we recognized first-time impairments of $10 million and incremental charges on previously impaired securities of $25 million. Of these cumulative amounts recognized through September 30, 2012, $209 million related to securities that were subsequently sold before the end of the third quarter of 2012.

Contractual Maturities of Investment in Available-for-Sale Debt Securities (Excluding Mortgage-Backed and Asset-Backed Securities)
	Amortized		Estimated
(In millions)	cost		fair value
Due
Within one year	$	2,784	$	2,800
After one year through five years		3,502		3,720
After five years through ten years		5,032		5,264
After ten years		18,056		20,061

We expect actual maturities to differ from contractual maturities because borrowers have the right to call or prepay certain obligations.

Supplemental information about gross realized gains and losses on available-for-sale investment securities follows.

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
GE
Gains	$	-	$	-	$	1	$	-
Losses, including impairments		-		-		(20)		-
Net		-		-		(19)		-
GECC
Gains		34		26		219		85
Losses, including impairments		(60)		(55)		(477)		(159)
Net		(26)		(29)		(258)		(74)
Total	$	(26)	$	(29)	$	(277)	$	(74)

Although we generally do not have the intent to sell any specific securities at the end of the period, in the ordinary course of managing our investment securities portfolio, we may sell securities prior to their maturities for a variety of reasons, including diversification, credit quality, yield and liquidity requirements and the funding of claims and obligations to policyholders. In some of our bank subsidiaries, we maintain a certain level of purchases and sales volume principally of non-U.S. government debt securities. In these situations, fair value approximates carrying value for these securities.

Proceeds from investment securities sales and early redemptions by issuers totaled $2,890 million and $2,696 million in the three months ended September 30, 2013 and 2012, respectively, and $16,828 million and $9,200 million in the nine months ended September 30, 2013 and 2012, respectively, principally from the sale of Comcast guaranteed debt and short-term securities in our bank subsidiaries and treasury operations.

(17)

We recognized pre-tax gains (losses) on trading securities of $(2) million and $1 million in the three months ended September 30, 2013 and 2012, respectively, and $49 million and $37 million in the nine months ended September 30, 2013 and 2012, respectively.

4. INVENTORIES

	At
	September 30,		December 31,
(In millions)	2013		2012
Raw materials and work in process	$	10,642	$	9,295
Finished goods		6,974		6,099
Unbilled shipments		678		378
		18,294		15,772
Less revaluation to LIFO		(351)		(398)
Total	$	17,943	$	15,374

5. GECC FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES

	At
	September 30,		December 31,
(In millions)	2013		2012
Loans, net of deferred income(a)	$	229,639	$	241,465
Investment in financing leases, net of deferred income		29,736		32,471
		259,375		273,936
Less allowance for losses		(5,152)		(4,985)
Financing receivables – net(b)	$	254,223	$	268,951

(a)   Deferred income was $1,963 million and $2,182 million at September 30, 2013 and December 31, 2012, respectively.

(b)   Financing receivables at September 30, 2013 and December 31, 2012 included $582 million and $750 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination.

(18)

The following tables provide additional information about our financing receivables and related activity in the allowance for losses for our Commercial, Real Estate and Consumer portfolios.

	September 30,		December 31,
(In millions)	2013		2012
Commercial
CLL
Americas	$	69,240	$	72,517
Europe(a)		35,529		37,037
Asia		9,573		11,401
Other(a)		468		603
Total CLL		114,810		121,558
Energy Financial Services		4,367		4,851
GE Capital Aviation Services (GECAS)		9,642		10,915
Other		393		486
Total Commercial		129,212		137,810
Real Estate		18,966		20,946
Consumer
Non-U.S. residential mortgages		31,142		33,451
Non-U.S. installment and revolving credit		17,305		18,546
U.S. installment and revolving credit		51,799		50,853
Non-U.S. auto		3,524		4,260
Other		7,427		8,070
Total Consumer		111,197		115,180
Total financing receivables		259,375		273,936
Less allowance for losses		(5,152)		(4,985)
Total financing receivables – net	$	254,223	$	268,951

(a)   During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation. 

(19)

Allowance for Losses on Financing Receivables
	Balance at		Provision											Balance at
	January 1,		charged to					Gross						September 30,
(In millions)	2013		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2013
Commercial
CLL
Americas	$	490	$	206	$	(1)		$	(316)		$	91		$	470
Europe		445		205		-			(369)			61			342
Asia		80		60		(9)			(65)			9			75
Other		6		(3)		-			(3)			-			-
Total CLL		1,021		468		(10)			(753)			161			887
Energy Financial
Services		9		2		-			-			-			11
GECAS		8		2		-			-			-			10
Other		3		(1)		-			(2)			2			2
Total Commercial		1,041		471		(10)			(755)			163			910
Real Estate		320		(21)		(5)			(133)			9			170
Consumer
Non-U.S. residential
mortgages		480		137		(2)			(216)			40			439
Non-U.S. installment
and revolving
credit		623		405		(42)			(727)			403			662
U.S. installment and
revolving credit		2,282		2,198		(50)			(2,118)			409			2,721
Non-U.S. auto		67		51		(11)			(96)			56			67
Other		172		97		4			(149)			59			183
Total Consumer		3,624		2,888		(101)			(3,306)			967			4,072
Total	$	4,985	$	3,338	$	(116)		$	(4,194)		$	1,139		$	5,152

(a)   Other primarily included the effects of currency exchange.

(b)   Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

(20)

	Balance at		Provision											Balance at
	January 1,		charged to					Gross						September 30,
(In millions)	2012		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2012
Commercial
CLL
Americas	$	889	$	67	$	(43)		$	(423)		$	77		$	567
Europe		400		271		(3)			(142)			48			574
Asia		157		13		(1)			(117)			20			72
Other		4		9		(1)			(10)			-			2
Total CLL		1,450		360		(48)			(692)			145			1,215
Energy Financial
Services		26		8		-			(24)			3			13
GECAS		17		7		(1)			(11)			-			12
Other		37		3		(19)			(13)			1			9
Total Commercial		1,530		378		(68)			(740)			149			1,249
Real Estate		1,089		101		(7)			(455)			8			736
Consumer
Non-U.S. residential
mortgages		546		66		5			(213)			63			467
Non-U.S. installment
and revolving credit		717		270		22			(798)			443			654
U.S. installment and
revolving credit		2,008		1,807		(18)			(2,140)			373			2,030
Non-U.S. auto		101		18		(7)			(110)			71			73
Other		199		88		15			(193)			62			171
Total Consumer		3,571		2,249		17			(3,454)			1,012			3,395
Total	$	6,190	$	2,728	$	(58)		$	(4,649)		$	1,169		$	5,380

(a)   Other primarily included transfers to held for sale and the effects of currency exchange.

(b)   Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

See Note 17 for supplemental information about the credit quality of financing receivables and allowance for losses on financing receivables.

6. PROPERTY, PLANT AND EQUIPMENT

	At
	September 30,		December 31,
(In millions)	2013		2012
Original cost	$	115,873	$	115,006
Less accumulated depreciation and amortization		(47,132)		(45,962)
Property, plant and equipment – net	$	68,741	$	69,044

Consolidated depreciation and amortization related to property, plant and equipment was $2,578 million and $2,193 million in the three months ended September 30, 2013 and 2012, respectively, and $7,155 million and $6,699 million in the nine months ended September 30, 2013 and 2012, respectively.

(21)

7. GOODWILL AND OTHER INTANGIBLE ASSETS

	At
	September 30,		December 31,
(In millions)	2013		2012
Goodwill	$	78,024	$	73,175
Other intangible assets - net
Intangible assets subject to amortization	$	14,074	$	11,828
Indefinite-lived intangible assets(a)		152		159
Total	$	14,226	$	11,987

(a) Indefinite-lived intangible assets principally comprised in-process research and development, trademarks and tradenames.

Changes in goodwill balances follow.

					Dispositions,
	Balance at				currency		Balance at
	January 1,				exchange		September 30,
(In millions)	2013		Acquisitions		and other		2013
Power & Water	$	8,821	$	-	$	(3)	$	8,818
Oil & Gas		8,365		2,240		(75)		10,530
Energy Management		4,610		-		(27)		4,583
Aviation		5,975		3,058		(40)		8,993
Healthcare		16,762		38		(28)		16,772
Transportation		999		-		22		1,021
Home & Business Solutions		611		-		(4)		607
GE Capital		27,032		24		(360)		26,696
Corporate		-		4		-		4
Total	$	73,175	$	5,364	$	(515)	$	78,024

Goodwill balances increased $4,849 million during the nine months ended September 30, 2013, primarily as a result of the acquisition of the aerospace-parts business of Avio S.p.A. (Avio) at Aviation ($3,058 million) and Lufkin Industries Inc. (Lufkin) at Oil & Gas ($2,055 million) in the third quarter of 2013. In connection with the acquisition of Avio, we recorded a pre-tax acquisition-related charge of $96 million related to the effective settlement of Avio’s pre-existing contractual relationships with GE.

On March 27, 2012, we contributed a portion of our civil avionics systems business to a newly formed joint venture in exchange for 50% of the new entity. This resulted in the deconsolidation of our civil avionics business and the recording of the interest in the new joint venture at fair value. As a result, we recognized a pre-tax gain of $274 million ($152 million after-tax) in the first quarter of 2012.

We test goodwill for impairment annually in the third quarter of each year using data as of July 1 of that year. The impairment test consists of two steps: in step one, the carrying value of the reporting unit is compared with its fair value; in step two, which is applied when the carrying value is more than its fair value, the amount of goodwill impairment, if any, is derived by deducting the fair value of the reporting unit’s assets and liabilities from the fair value of its equity, and comparing that amount with the carrying amount of goodwill. We determined fair values for each of the reporting units using the market approach, when available and appropriate, or the income approach, or a combination of both. We assess the valuation methodology based upon the relevance and availability of the data at the time we perform the valuation. If multiple valuation methodologies are used, the results are weighted appropriately.

Valuations using the market approach are derived from metrics of publicly traded companies or historically completed transactions of comparable businesses. The selection of comparable businesses is based on the markets in which the reporting units operate giving consideration to risk profiles, size, geography, and diversity of products and services. A market approach is limited to reporting units for which there are publicly traded companies that have the characteristics similar to our businesses.

(22)

Under the income approach, fair value is determined based on the present value of estimated future cash flows, discounted at an appropriate risk-adjusted rate. We use our internal forecasts to estimate future cash flows and include an estimate of long-term future growth rates based on our most recent views of the long-term outlook for each business. Actual results may differ from those assumed in our forecasts. We derive our discount rates using a capital asset pricing model and analyzing published rates for industries relevant to our reporting units to estimate the cost of equity financing. We use discount rates that are commensurate with the risks and uncertainty inherent in the respective businesses and in our internally developed forecasts. Discount rates used in our reporting unit valuations ranged from 8.0% to 16.5%.

During the third quarter of 2013, we performed our annual impairment test of goodwill for all of our reporting units. Based on the results of our step one testing, the fair values of each of the GE reporting units exceeded their carrying values; therefore, the second step of the impairment test was not required to be performed and no goodwill impairment was recognized.

Our Real Estate reporting unit had a goodwill balance of $737 million at September 30, 2013. While the Real Estate reporting unit’s book value was within the range of its fair value, we further substantiated our Real Estate goodwill balance by performing the second step analysis in which the implied fair value of goodwill exceeded its carrying value by approximately $3.7 billion. The estimated fair value of the Real Estate reporting unit is based on a number of assumptions about future business performance and investment, including loss estimates for the existing finance receivable and investment portfolio, new debt origination volume and margins, and the recent stabilization of the real estate market allowing for sales of real estate investments at normalized margins. Our assumed discount rate was 11.25% and was derived by applying a capital asset pricing model and corroborated using equity analyst research reports and implied cost of equity based on forecasted price to earnings per share multiples for similar companies. While we have seen stabilization in some markets, given the volatility and uncertainty in the current commercial real estate environment, there is uncertainty about a number of assumptions upon which the estimated fair value is based. Different loss estimates for the existing portfolio, changes in the new debt origination volume and margin assumptions, changes in the expected pace of the commercial real estate market recovery, or changes in the equity return expectation of market participants may result in changes in the estimated fair value of the Real Estate reporting unit.

Estimating the fair value of reporting units requires the use of estimates and significant judgments that are based on a number of factors including actual operating results. It is reasonably possible that the judgments and estimates described above could change in future periods.

Intangible Assets Subject to Amortization
	At
	September 30, 2013						December 31, 2012
	Gross						Gross
	carrying		Accumulated				carrying		Accumulated
(In millions)	amount		amortization		Net		amount		amortization		Net
Customer-related	$	8,065	$	(2,321)	$	5,744	$	6,978	$	(2,161)	$	4,817
Patents, licenses and trademarks		6,452		(2,777)		3,675		6,172		(2,595)		3,577
Capitalized software		8,114		(5,219)		2,895		7,537		(4,691)		2,846
Lease valuations		731		(510)		221		1,163		(792)		371
Present value of future profits(a)		566		(566)		-		530		(530)		-
All other		1,983		(444)		1,539		636		(419)		217
Total	$	25,911	$	(11,837)	$	14,074	$	23,016	$	(11,188)	$	11,828

 (a) Balances at September 30, 2013 and December 31, 2012 reflect adjustments of $327 million and $353 million, respectively, to the present value of future profits in our run-off insurance operation to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized.

Intangible assets subject to amortization increased $2,895 million in the nine months ended September 30, 2013, primarily as a result of the acquisition of Avio ($1,830 million, of which $1,226 million is included in All other) and Lufkin ($926 million).

Consolidated amortization related to intangible assets subject to amortization was $429 million and $359 million in the three months ended September 30, 2013 and 2012, respectively, and $1,257 million and $1,079 million in the nine months ended September 30, 2013 and 2012, respectively.

(23)

8. BORROWINGS AND BANK DEPOSITS

	At
	September 30,		December 31,
(In millions)	2013		2012
Short-term borrowings
GE
Commercial paper	$	300	$	352
Payable to banks		218		23
Current portion of long-term borrowings		73		5,068
Other		511		598
Total GE short-term borrowings		1,102		6,041
GECC
Commercial paper
U.S.		27,360		33,686
Non-U.S.		5,671		9,370
Current portion of long-term borrowings(a)(b)		38,065		44,264
GE Interest Plus notes(c)		8,482		8,189
Other(b)		252		431
Total GECC short-term borrowings		79,830		95,940
Eliminations		(436)		(589)
Total short-term borrowings	$	80,496	$	101,392
Long-term borrowings
GE
Senior notes	$	10,967	$	10,963
Payable to banks, principally U.S.		73		13
Other		453		452
Total GE long-term borrowings		11,493		11,428
GECC
Senior unsecured notes(a)		191,118		199,646
Subordinated notes(d)		4,787		4,965
Subordinated debentures(e)		7,312		7,286
Other(b)		12,286		12,879
Total GECC long-term borrowings		215,503		224,776
Eliminations		(124)		(120)
Total long-term borrowings	$	226,872	$	236,084
Non-recourse borrowings of consolidated securitization entities(f)	$	29,966	$	30,123
Bank deposits(g)	$	50,761	$	46,461
Total borrowings and bank deposits	$	388,095	$	414,060

(a) Included in total long-term borrowings were $526 million and $604 million of obligations to holders of GICs at September 30, 2013 and December 31, 2012, respectively. These obligations included conditions under which certain GIC holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3. The remaining outstanding GICs will continue to be subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC’s ratings, among other things.

(b) Included $9,855 million and $9,757 million of funding secured by real estate, aircraft and other collateral at September 30, 2013 and December 31, 2012, respectively, of which $3,808 million and $3,294 million is non-recourse to GECC at September 30, 2013 and December 31, 2012, respectively.

(c) Entirely variable denomination floating-rate demand notes.

(d) Included $300 million of subordinated notes guaranteed by GE at both September 30, 2013 and December 31, 2012.

(e) Subordinated debentures receive rating agency equity credit and were hedged at issuance to the U.S. dollar equivalent of $7,725 million.

(f) Included at September 30, 2013 and December 31, 2012, were $7,099 million and $7,707 million of current portion of long-term borrowings, respectively, and $22,867 million and $22,416 million of long-term borrowings, respectively. See Note 18.

(g) Included $15,847 million and $16,157 million of deposits in non-U.S. banks at September 30, 2013 and December 31, 2012, respectively, and $16,557 million and $17,291 million of certificates of deposits with maturities greater than one year at September 30, 2013 and December 31, 2012, respectively.

(24)

In the first quarter of 2013, we repaid $5,000 million of 5% GE senior unsecured notes.

9. POSTRETIREMENT BENEFIT PLANS

We sponsor a number of pension and retiree health and life insurance benefit plans. Principal pension plans are the GE Pension Plan and the GE Supplementary Pension Plan. Principal retiree benefit plans provide health and life insurance benefits to certain eligible participants and these participants share in the cost of the healthcare benefits. Salaried employees who commence service on or after January 1, 2011 and any employee who commences service on or after January 1, 2012 are not eligible to participate in the GE Pension Plan, but will participate in a defined contribution retirement program. In 2012, we amended our principal retiree benefit plans such that, effective January 1, 2015, our post-65 retiree medical plans will be closed to salaried and retired salaried employees who are not enrolled in the plans as of that date, and we will no longer offer company-provided life insurance in retirement for certain salaried employees who retire after that date. Other pension plans include the U.S. and non-U.S. pension plans with pension assets or obligations greater than $50 million. Smaller pension plans and other retiree benefit plans are not material individually or in the aggregate. The effect on operations of the pension plans follows.

	Principal Pension Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	362	$	356	$	1,145	$	1,044
Prior service cost amortization		62		70		185		210
Expected return on plan assets		(875)		(939)		(2,625)		(2,830)
Interest cost on benefit obligation		615		619		1,845		1,858
Net actuarial loss amortization		916		855		2,748		2,565
Pension plans cost	$	1,080	$	961	$	3,298	$	2,847

	Other Pension Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	130	$	98	$	330	$	292
Prior service cost amortization		2		1		6		3
Expected return on plan assets		(170)		(155)		(496)		(467)
Interest cost on benefit obligation		135		128		392		385
Net actuarial loss amortization		85		69		256		209
Pension plans cost	$	182	$	141	$	488	$	422

The effect on operations of principal retiree health and life insurance plans follows.

	Principal Retiree Health
	and Life Insurance Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	43	$	58	$	168	$	168
Prior service cost amortization		98		126		294		418
Expected return on plan assets		(15)		(19)		(45)		(56)
Interest cost on benefit obligation		101		123		309		381
Net actuarial loss (gain) amortization		(16)		8		(28)		8
Net curtailment / other gain		-		(39)		-		(39)
Retiree benefit plans cost	$	211	$	257	$	698	$	880

(25)

10. OTHER LIABILITIES

We are involved in numerous remediation actions to clean up hazardous wastes as required by federal and state laws. Liabilities for remediation costs exclude possible insurance recoveries and, when dates and amounts of such costs are not known, are not discounted. When there appears to be a range of possible costs with equal likelihood, liabilities are based on the low end of such range. It is reasonably possible that our environmental remediation exposure will exceed amounts accrued. However, due to uncertainties about the status of laws, regulations, technology and information related to individual sites, such amounts are not reasonably estimable.

11. INCOME TAXES

The balance of “unrecognized tax benefits,” the amount of related interest and penalties we have provided and what we believe to be the range of reasonably possible changes in the next 12 months are:

	At
	September 30,		December 31,
(In millions)	2013		2012
Unrecognized tax benefits	$	5,933	$	5,445
Portion that, if recognized, would reduce tax expense and effective tax rate(a)		4,462		4,032
Accrued interest on unrecognized tax benefits		1,038		961
Accrued penalties on unrecognized tax benefits		154		173
Reasonably possible reduction to the balance of unrecognized tax benefits
in succeeding 12 months		0-1,400		0-800
Portion that, if recognized, would reduce tax expense and effective tax rate(a)		0-800		0-700

(a) Some portion of such reduction may be reported as discontinued operations.

The Internal Revenue Service (IRS) is currently auditing our consolidated income tax returns for 2008-2009. In addition, certain other U.S. tax deficiency issues and refund claims for previous years were unresolved. The IRS has disallowed the tax loss on our 2003 disposition of ERC Life Reinsurance Corporation. We expect to contest the disallowance of this loss. It is reasonably possible that other unresolved items related to pre-2010 federal tax returns could be resolved during the next 12 months, which could result in a decrease in our balance of “unrecognized tax benefits” – that is, the aggregate tax effect of differences between tax return positions and the benefits recognized in our financial statements. We believe that there are no other jurisdictions in which the outcome of unresolved issues or claims is likely to be material to our results of operations, financial position or cash flows. We further believe that we have made adequate provision for all income tax uncertainties.

GE and GECC file a consolidated U.S. federal income tax return. This enables GE to use GECC tax deductions and credits to reduce the tax that otherwise would have been payable by GE. The GECC effective tax rate for each period reflects the benefit of these tax reductions in the consolidated return. GE makes cash payments to GECC for these tax reductions at the time GE’s tax payments are due. The effect of GECC on the amount of the consolidated tax liability from the 2011 formation of the NBCU joint venture will be settled in cash no later than when GECC tax deductions and credits otherwise would have reduced the liability of the group absent the tax on formation.

(26)

12. SHAREOWNERS’ EQUITY

Accumulated Other Comprehensive Income (Loss)
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Investment securities
Beginning balance	$	146	$	472	$	677	$	(30)
Other comprehensive income (loss) (OCI) before reclassifications –
net of deferred taxes of $67, $68, $(302) and $331		155		104		(515)		575
Reclassifications from OCI – net of deferred taxes
of $11, $10, $124 and $28		15		18		153		45
Other comprehensive income (loss)(a)		170		122		(362)		620
Less: OCI attributable to noncontrolling interests		1		2		-		(2)
Balance at September 30	$	315	$	592	$	315	$	592
Currency translation adjustments (CTA)
Beginning balance	$	358	$	(861)	$	412	$	133
OCI before reclassifications –
net of deferred taxes of $(12), $(193), $(326) and $(207)		(327)		1,416		(313)		429
Reclassifications from OCI – net of deferred taxes
of $7, $72, $85 and $67		(56)		(120)		(156)		(123)
Other comprehensive income (loss)(a)		(383)		1,296		(469)		306
Less: OCI attributable to noncontrolling interests		11		5		(21)		9
Balance at September 30	$	(36)	$	430	$	(36)	$	430
Cash flow hedges
Beginning balance	$	(430)	$	(1,031)	$	(722)	$	(1,176)
OCI before reclassifications –
net of deferred taxes of $43, $285, $144 and $323		63		(39)		271		88
Reclassifications from OCI – net of deferred taxes
of $(20), $(188), $(85) and $(208)		(5)		104		80		122
Other comprehensive income (loss)(a)		58		65		351		210
Less: OCI attributable to noncontrolling interests		(2)		(1)		(1)		(1)
Balance at September 30	$	(370)	$	(965)	$	(370)	$	(965)
Benefit plans
Beginning balance	$	(18,537)	$	(21,303)	$	(20,597)	$	(22,901)
Prior service credit (costs) - net of deferred taxes
of $0, $447, $0 and $447		-		783		-		783
Net actuarial gain (loss) – net of deferred taxes
of $(7), $(302), $295 and $(236)		9		(556)		548		(460)
Net curtailment/settlement - net of deferred taxes
of $0, $0, $0 and $0		-		(39)		-		(39)
Prior service cost amortization – net of deferred taxes
of $68, $80, $201 and $256		100		121		298		389
Net actuarial gain (loss) amortization – net of deferred taxes
of $334, $319, $1,008 and $949		656		615		1,980		1,847
Other comprehensive income (loss)(a)		765		924		2,826		2,520
Less: OCI attributable to noncontrolling interests		-		(1)		1		(3)
Balance at September 30	$	(17,772)	$	(20,378)	$	(17,772)	$	(20,378)
Accumulated other comprehensive income (loss) at September 30	$	(17,863)	$	(20,321)	$	(17,863)	$	(20,321)

(a)   Total other comprehensive income (loss) was $610 million and $2,407 million for the three months ended September 30, 2013 and 2012, respectively, and $2,346 million and $3,656 million for the nine months ended September 30, 2013 and 2012, respectively.

(27)

Reclassification out of AOCI
Components of AOCI	Three months ended September 30,				Nine months ended September 30,				Statement of Earnings Caption
	2013		2012		2013		2012
Available-for-sale securities
Realized gains (losses) on
sale/impairment of securities	$	(26)	$	(28)	$	(277)	$	(73)	Other income
		11		10		124		28	Tax (expense) or benefit
	$	(15)	$	(18)	$	(153)	$	(45)	Net of tax
Currency translation adjustments
Gains (losses) on dispositions	$	49	$	48	$	71	$	56	Costs and expenses
		7		72		85		67	Tax (expense) or benefit
	$	56	$	120	$	156	$	123	Net of tax
Cash flow hedges
Gains (losses) on interest rate      derivatives	$	(88)	$	(118)	$	(282)	$	(384)	Interest and other financial      charges
Foreign exchange contracts		62		245		168		580	(a)
Other		51		(43)		119		(110)	(b)
		25		84		5		86	Total before tax
		(20)		(188)		(85)		(208)	Tax (expense) or benefit
	$	5	$	(104)	$	(80)	$	(122)	Net of tax
Benefit plan items
Amortization of prior service costs	$	(168)	$	(201)	$	(499)	$	(645)	(c)
Amortization of actuarial gains (losses)		(990)		(934)		(2,988)		(2,796)	(c)
		(1,158)		(1,135)		(3,487)		(3,441)	Total before tax
		402		399		1,209		1,205	Tax (expense) or benefit
	$	(756)	$	(736)	$	(2,278)	$	(2,236)	Net of tax
Total reclassification adjustments	$	(710)	$	(738)	$	(2,355)	$	(2,280)	Net of tax

(a)   Includes $73 million and $268 million in GECC revenues from services and $(11) million and $(23) million in interest and other financial charges for the three months ended September 30, 2013 and 2012, respectively, and $210 million and $673 million in GECC revenues from services and $(42) million and $(93) million in interest and other financial charges for the nine months ended September 30, 2013 and 2012, respectively.

(b)   Primarily included in costs and expenses.

(c)   Amortization of prior service costs and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 9 for further information.

Noncontrolling Interests
A summary of changes to noncontrolling interests follows
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Beginning balance	$	6,302	$	3,780	$	5,444	$	1,696
Net earnings (loss)		(10)		17		140		88
GECC issuance of preferred stock		-		1,733		990		3,960
GECC preferred stock dividend		-		-		(135)		-
Dividends		(9)		(21)		(72)		(35)
Dispositions		(15)		-		(119)		-
AOCI and other		85		(45)		105		(245)
Ending balance	$	6,353	$	5,464	$	6,353	$	5,464

(28)

During the second quarter of 2013, GECC issued 10,000 shares of non-cumulative perpetual preferred stock with a $0.01 par value for proceeds of $990 million. The preferred shares bear an initial fixed interest rate of 5.25% through June 15, 2023, bear a floating rate equal to three-month LIBOR plus 2.967% thereafter and are callable on June 15, 2023. Dividends on the GECC preferred stock are payable semi-annually, in June and December, with the first payment on this issuance beginning in December 2013.

During 2012, GECC issued 40,000 shares of non-cumulative perpetual preferred stock with a $0.01 par value for proceeds of $3,960 million. Of these shares, 22,500 bear an initial fixed interest rate of 7.125% through June 12, 2022, bear a floating rate equal to three-month LIBOR plus 5.296% thereafter and are callable on June 15, 2022 and 17,500 shares bear an initial fixed interest rate of 6.25% through December 15, 2022, bear a floating rate equal to three-month LIBOR plus 4.704% thereafter and are callable on December 15, 2022. Dividends on the GECC preferred stock are payable semi-annually, in June and December, with the first payment on these issuances made in December 2012.

GECC preferred stock is presented as noncontrolling interests in the GE consolidated statement of financial position.

GECC paid dividends of $500 million and $471 million and special dividends of $1,500 million and $1,975 million to GE in the three months ended September 30, 2013 and 2012, respectively. GECC paid dividends of $947 million and $946 million and special dividends of $3,000 million and $4,500 million to GE in the nine months ended September 30, 2013 and 2012, respectively.

On October 16, 2013, Berkshire Hathaway Inc. (Berkshire Hathaway) exercised in full their warrants to purchase shares of GE common stock and on October 17, 2013, GE delivered 10.7 million shares to Berkshire Hathaway. The total number of shares issued was based on the amount by which the average market price of GE common stock over the 20 trading days preceding the date of exercise exceeded the exercise price of $22.25.

13. GECC REVENUES FROM SERVICES

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Interest on loans	$	4,585	$	4,708	$	13,608	$	14,328
Equipment leased to others		2,435		2,531		7,397		7,720
Fees		1,199		1,173		3,499		3,493
Investment income(a)		514		636		1,502		1,971
Financing leases		395		392		1,220		1,455
Associated companies		406		451		852		1,146
Premiums earned by insurance activities		403		433		1,208		1,294
Real estate investments(b)		331		464		2,139		1,202
Other items(a)		369		452		1,670		1,269
		10,637		11,240		33,095		33,878
Eliminations		(427)		(312)		(1,160)		(953)
Total	$	10,210	$	10,928	$	31,935	$	32,925

(a)   Included net other-than-temporary impairments on investment securities of $56 million and $25 million in the three months ended September 30, 2013 and 2012, respectively, and $467 million and $89 million in the nine months ended September 30, 2013 and 2012, respectively, of which $96 million related to the impairment of an investment in a Brazilian company that was fully offset by the benefit of a guarantee provided by GE reflected as a component in other items for both the three and nine months ended September 30, 2013.

(b)   During the nine months ended September 30, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.

(29)

14. EARNINGS PER SHARE INFORMATION

GE’s authorized common stock consists of 13,200,000,000 shares having a par value of $0.06 each. Information related to the calculation of earnings per share follows.

	Three months ended September 30,
	2013				2012
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	3,259	$	3,269	$	3,445	$	3,445
Earnings (loss) from discontinued operations
for per-share calculation(a)		(92)		(82)		41		41
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	3,177	$	3,187	$	3,486	$	3,486
Average equivalent shares
Shares of GE common stock outstanding		10,151		10,151		10,523		10,523
Employee compensation-related shares (including
stock options) and warrants		72		-		45		-
Total average equivalent shares		10,223		10,151		10,568		10,523
Per-share amounts
Earnings from continuing operations	$	0.32	$	0.32	$	0.33	$	0.33
Earnings (loss) from discontinued operations		(0.01)		(0.01)		-		-
Net earnings		0.31		0.31		0.33		0.33

 (a) Included an insignificant amount of dividend equivalents in each of the periods presented.

(b) Included the dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock for the three months ended September 30, 2013.

	Nine months ended September 30,
	2013				2012
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	10,150	$	10,150	$	10,325	$	10,325
Earnings (loss) from discontinued operations
for per-share calculation(a)		(312)		(312)		(707)		(707)
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	9,838	$	9,838	$	9,617	$	9,617
Average equivalent shares
Shares of GE common stock outstanding		10,262		10,262		10,552		10,552
Employee compensation-related shares (including
stock options) and warrants		65		-		38		-
Total average equivalent shares		10,328		10,262		10,590		10,552
Per-share amounts
Earnings from continuing operations	$	0.98	$	0.99	$	0.98	$	0.98
Earnings (loss) from discontinued operations		(0.03)		(0.03)		(0.07)		(0.07)
Net earnings		0.95		0.96		0.91		0.91

(a) Included an insignificant amount of dividend equivalents in each of the periods presented.

(b) Included the dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock for the nine months ended September 30, 2013.

For the three and nine months ended September 30, 2013 and 2012, there were approximately 78 million and 134 million, respectively, and 273 million and 290 million, respectively, of outstanding stock awards that were not included in the computation of diluted earnings per share because their effect was antidilutive.

(30)

Earnings-per-share amounts are computed independently for earnings from continuing operations, earnings (loss) from discontinued operations and net earnings. As a result, the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings.

15. FAIR VALUE MEASUREMENTS

For a description of how we estimate fair value, see Note 1 in our 2012 consolidated financial statements.

The following tables present our assets and liabilities measured at fair value on a recurring basis. Included in the tables are investment securities primarily supporting obligations to annuitants and policyholders in our run-off insurance operations and supporting obligations to holders of GICs in Trinity (which ceased issuing new investment contracts beginning in the first quarter of 2010), investment securities held at our treasury operations and investments held in our CLL business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries. Such securities are mainly investment grade.

(31)

									Netting
(In millions)	Level 1		(a)	Level 2		(a)	Level 3		adjustment		(b)	Net balance
September 30, 2013
Assets
Investment securities
Debt
U.S. corporate	$	-		$	19,091		$	3,298	$	-		$	22,389
State and municipal		-			4,150			94		-			4,244
Residential mortgage-backed		-			1,943			88		-			2,031
Commercial mortgage-backed		-			3,011			14		-			3,025
Asset-backed(c)		-			541			5,938		-			6,479
Corporate – non-U.S.		63			796			1,053		-			1,912
Government – non-U.S.		1,613			803			33		-			2,449
U.S. government and federal agency		-			639			212		-			851
Retained interests		-			-			78		-			78
Equity
Available-for-sale		245			31			11		-			287
Trading		150			2			-		-			152
Derivatives(d)		-			7,157			185		(5,875)			1,467
Other(e)		-			-			718		-			718
Total	$	2,071		$	38,164		$	11,722	$	(5,875)		$	46,082
Liabilities
Derivatives	$	-		$	5,198		$	22	$	(4,437)		$	783
Other(f)		-			1,036			-		-			1,036
Total	$	-		$	6,234		$	22	$	(4,437)		$	1,819
December 31, 2012
Assets
Investment securities
Debt
U.S. corporate	$	-		$	20,580		$	3,591	$	-		$	24,171
State and municipal		-			4,469			77		-			4,546
Residential mortgage-backed		-			2,162			100		-			2,262
Commercial mortgage-backed		-			3,088			6		-			3,094
Asset-backed(c)		-			715			5,023		-			5,738
Corporate – non-U.S.		71			1,132			1,218		-			2,421
Government – non-U.S.		702			1,019			42		-			1,763
U.S. government and federal agency		-			3,288			277		-			3,565
Retained interests		-			-			83		-			83
Equity
Available-for-sale		590			16			13		-			619
Trading		248			-			-		-			248
Derivatives(d)		-			11,432			434		(7,926)			3,940
Other(e)		35			-			799		-			834
Total	$	1,646		$	47,901		$	11,663	$	(7,926)		$	53,284
Liabilities
Derivatives	$	-		$	3,434		$	20	$	(3,177)		$	277
Other(f)		-			908			-		-			908
Total	$	-		$	4,342		$	20	$	(3,177)		$	1,185

(a) The fair value of securities transferred between Level 1 and Level 2 was $2 million in the nine months ended September 30, 2013.

(b) The netting of derivative receivables and payables (including the effects of any collateral posted or received) is permitted when a legally enforceable master netting agreement exists.

(c) Includes investments in our CLL business in asset-backed securities collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

(d) The fair value of derivatives included an adjustment for non-performance risk. The cumulative adjustment was a gain (loss) of $(6) million and $(15) million at September 30, 2013 and December 31, 2012, respectively. See Note 16 for additional information on the composition of our derivative portfolio.

(e) Included private equity investments and loans designated under the fair value option.

(f) Primarily represented the liability associated with certain of our deferred incentive compensation plans.

(32)

The following tables present the changes in Level 3 instruments measured on a recurring basis for the three and nine months ended September 30, 2013 and 2012, respectively. The majority of our Level 3 balances consist of investment securities classified as available-for-sale with changes in fair value recorded in shareowners’ equity.

Changes in Level 3 Instruments for the Three Months Ended September 30, 2013
																						Net
(In millions)																						change in
						Net realized/																unrealized
			Net			unrealized																gains
			realized/			gains (losses)																(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	July 1,		included			comprehensive								into			out of			September 30,		September 30,
	2013		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2013		2013		(c)
Investment securities
Debt
U.S. corporate	$	3,229	$	24		$	(32)	$	160	$	(34)	$	(49)	$	-		$	-		$	3,298	$	-
State and municipal		98		-			(4)		4		-		(4)		-			-			94		-
Residential
mortgage-backed		91		-			(2)		-		-		(1)		-			-			88		-
Commercial
mortgage-backed		5		-			-		-		-		(1)		10			-			14		-
Asset-backed		5,346		1			36		569		-		(14)		-			-			5,938		-
Corporate – non-U.S.		1,197		(29)			(2)		1,827		-		(1,930)		-			(10)			1,053		-
Government
– non-U.S.		38		1			(6)		-		-		-		-			-			33		-
U.S. government and
federal agency		264		-			(52)		-		-		-		-			-			212		-
Retained interests		93		-			(11)		-		-		(4)		-			-			78		-
Equity
Available-for-sale		10		-			-		-		-		-		1			-			11		-
Derivatives(d)(e)		167		1			1		(1)		-		2		2			(1)			171		13
Other		854		16			(1)		148		(295)		-		-			(4)			718		(34)
Total	$	11,392	$	14		$	(73)	$	2,707	$	(329)	$	(2,001)	$	13		$	(15)		$	11,708	$	(21)

(a) Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.

(b) Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.

(c) Represented the amount of unrealized gains or losses for the period included in earnings.

(d) Represented derivative assets net of derivative liabilities and included cash accruals of $8 million not reflected in the fair value hierarchy table.

(e) Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

(33)

Changes in Level 3 Instruments for the Three Months Ended September 30, 2012
																						Net
(In millions)																						change in
						Net realized/																unrealized
			Net			unrealized																gains
			realized/			gains (losses)																(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	July 1,		included			comprehensive								into			out of			September 30,		September 30,
	2012		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2012		2012		(c)
Investment securities
Debt
U.S. corporate	$	3,372	$	10		$	32	$	71	$	(34)	$	(16)	$	144		$	-		$	3,579	$	-
State and municipal		81		-			8		12		-		(1)		78			(25)			153		-
Residential
mortgage-backed		97		-			(2)		1		-		-		5			(67)			34		-
Commercial
mortgage-backed		-		-			-		-		-		-		6			-			6		-
Asset-backed		4,304		(3)			90		483		(58)		5		4			(6)			4,819		-
Corporate – non-U.S.		1,363		(7)			20		18		(30)		(59)		-			(10)			1,295		-
Government
– non-U.S.		51		-			2		-		-		(12)		-			-			41		-
U.S. government and
federal agency		261		-			6		-		-		-		-			-			267		-
Retained interests		31		1			-		3		(3)		(3)		-			-			29		-
Equity
Available-for-sale		14		-			-		-		-		(1)		1			(3)			11		-
Derivatives(d)(e)		348		41			-		(8)		3		(25)		-			(1)			358		40
Other		785		(7)			9		52		(58)		-		-			-			781		(10)
Total	$	10,707	$	35		$	165	$	632	$	(180)	$	(112)	$	238		$	(112)		$	11,373	$	30

(a)   Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.

(b)   Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.

(c)   Represented the amount of unrealized gains or losses for the period included in earnings.

(d)   Represented derivative assets net of derivative liabilities and included cash accruals of $4 million not reflected in the fair value hierarchy table.

(e)   Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

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Changes in Level 3 Instruments for the Nine Months Ended September 30, 2013
						Net																Net
(In millions)						realized/																change in
						unrealized																unrealized
			Net			gains																gains
			realized/				(losses)															(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	January 1,		included			comprehensive								into			out of			September 30,		September 30,
	2013		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2013		2013		(c)
Investment securities
Debt
U.S. corporate	$	3,591	$	(247)		$	184	$	257	$	(383)	$	(139)	$	108		$	(73)		$	3,298	$	-
State and municipal		77		-			(8)		20		-		(5)		10			-			94		-
Residential
mortgage-backed		100		-			(4)		-		(2)		(6)		-			-			88		-
Commercial
mortgage-backed		6		-			-		-		-		(2)		10			-			14		-
Asset-backed		5,023		3			(32)		1,479		(1)		(539)		12			(7)			5,938		-
Corporate
– non-U.S.		1,218		(112)			18		4,637		(3)		(4,672)		21			(54)			1,053		-
Government
– non-U.S.		42		1			(10)		-		-		-		-			-			33		-
U.S. government and
federal agency		277		-			(65)		-		-		-		-			-			212		-
Retained interests		83		5			5		2		-		(17)		-			-			78		-
Equity
Available-for-sale		13		-			-		-		-		-		-			(2)			11		-
Derivatives(d)(e)		416		(52)			2		(2)		-		(221)		28			-			171		(30)
Other		799		(81)			3		352		(351)		-		-			(4)			718		(121)
Total	$	11,645	$	(483)		$	93	$	6,745	$	(740)	$	(5,601)	$	189		$	(140)		$	11,708	$	(151)

(a)   Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.

(b)   Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.

(c)   Represented the amount of unrealized gains or losses for the period included in earnings.

(d)   Represented derivative assets net of derivative liabilities and included cash accruals of $8 million not reflected in the fair value hierarchy table.

(e)   Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

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Changes in Level 3 Instruments for the Nine Months Ended September 30, 2012
						Net																Net
(In millions)						realized/																change in
						unrealized																unrealized
			Net			gains																gains
			realized/				(losses)															(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	January 1,		included			comprehensive								into			out of			September 30,		September 30,
	2012		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2012		2012		(c)
Investment securities
Debt
U.S. corporate	$	3,235	$	69		$	(2)	$	203	$	(105)	$	(63)	$	260		$	(18)		$	3,579	$	-
State and municipal		77		-			11		13		-		(1)		78			(25)			153		-
Residential
mortgage-backed		41		(3)			1		1		-		(3)		74			(77)			34		-
Commercial
mortgage-backed		4		-			-		-		(1)		-		6			(3)			6		-
Asset-backed		4,040		-			43		881		(164)		5		20			(6)			4,819		-
Corporate
– non-U.S.		1,204		(19)			17		334		(30)		(137)		23			(97)			1,295		-
Government
– non-U.S.		84		(34)			37		65		(72)		(39)		-			-			41		-
U.S. government and
federal agency		253		-			14		-		-		-		-			-			267		-
Retained interests		35		1			(8)		12		(6)		(5)		-			-			29		-
Equity
Available-for-sale		17		-			(2)		3		(4)		(1)		1			(3)			11		-
Derivatives(d)(e)		369		71			(1)		13		-		(43)		(1)			(50)			358		68
Other		817		25			(4)		93		(100)		-		-			(50)			781		24
Total	$	10,176	$	110		$	106	$	1,618	$	(482)	$	(287)	$	461		$	(329)		$	11,373	$	92

(a)   Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.

(b)   Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.

(c)   Represented the amount of unrealized gains or losses for the period included in earnings.

(d)   Represented derivative assets net of derivative liabilities and included cash accruals of $4 million not reflected in the fair value hierarchy table.

(e)   Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

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Non-Recurring Fair Value Measurements

The following table represents non-recurring fair value amounts (as measured at the time of the adjustment) for those assets remeasured to fair value on a non-recurring basis during the fiscal year and still held at September 30, 2013 and December 31, 2012. These assets can include loans and long-lived assets that have been reduced to fair value when they are held for sale, impaired loans that have been reduced based on the fair value of the underlying collateral, cost and equity method investments and long-lived assets that are written down to fair value when they are impaired and the remeasurement of retained investments in formerly consolidated subsidiaries upon a change in control that results in deconsolidation of a subsidiary, if we sell a controlling interest and retain a noncontrolling stake in the entity. Assets that are written down to fair value when impaired and retained investments are not subsequently adjusted to fair value unless further impairment occurs.

	Remeasured during				Remeasured during
	the nine months ended				the year ended
	September 30, 2013				December 31, 2012
(In millions)	Level 2		Level 3		Level 2		Level 3
Financing receivables and loans held for sale	$	148	$	2,693	$	366	$	4,094
Cost and equity method investments(a)		1		954		8		313
Long-lived assets, including real estate		946		2,126		702		2,182
Total	$	1,095	$	5,773	$	1,076	$	6,589

(a) Includes the fair value of private equity and real estate funds included in Level 3 of $72 million and $84 million at September 30, 2013 and December 31, 2012, respectively.

The following table represents the fair value adjustments to assets measured at fair value on a non-recurring basis and still held at September 30, 2013 and 2012.

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Financing receivables and loans held for sale	$	(107)	$	(225)	$	(257)	$	(411)
Cost and equity method investments(a)		(45)		(50)		(276)		(105)
Long-lived assets, including real estate(b)		(366)		(451)		(855)		(650)
Total	$	(518)	$	(726)	$	(1,388)	$	(1,166)

(a) Includes fair value adjustments associated with private equity and real estate funds of $(4) million and $(1) million in the three months ended September 30, 2013 and 2012, respectively, and $(11) million and $(3) million in the nine months ended September 30, 2013 and 2012, respectively.

(b) Includes impairments related to real estate equity properties and investments recorded in other costs and expenses of $12 million and $71 million in the three months ended September 30, 2013 and 2012, respectively, and $226 million and $126 million in the nine months ended September 30, 2013 and 2012, respectively.

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Level 3 Measurements

The following table presents information relating to the significant unobservable inputs of our Level 3 recurring and non-recurring measurements.

	Fair value at				Range
	September 30,		Valuation	Unobservable	(weighted
(Dollars in millions)	2013		technique	inputs	average)
Recurring fair value measurements
Investment securities
Debt
U.S. corporate	$	1,249	Income approach	Discount rate(a)	1.5%-38.0% (14.6%)
Asset-backed		5,888	Income approach	Discount rate(a)	1.5%-10.5% (4.1%)
Corporate – non-U.S.		747	Income approach	Discount rate(a)	0.8%-30.6% (14.0%)
Other financial assets		579	Income approach, Market comparables	Weighted average cost of capital	8.9%-9.2% (9.2%)
				EBITDA multiple	5.6X-8.2X (5.8X)
				Discount rate(a)	4.7%-5.5% (5.2%)
				Capitalization rate(b)	6.3%-7.5% (7.2%)
Non-recurring fair value measurements
Financing receivables and   loans held for sale	$	1,915	Income approach, Business enterprise value	Capitalization rate(b)	5.5%-16.7% (8.0%)
				EBITDA multiple	4.3X-7.0X (5.8X)
Cost and equity method investments		387	Income approach	Discount rate(a)	11.5%-11.5% (11.5%)
				Discount for lack	5.7%-5.9% (5.8%)
				of marketability
				Capitalization rate(b)	8.5%-10.6% (10.2%)
Long-lived assets, including real estate		622	Income approach	Capitalization rate(b)	5.4%-14.5% (8.3%)
	Fair value at				Range
	December 31,		Valuation	Unobservable	(weighted
	2012		technique	inputs	average)
Recurring fair value measurements
Investment securities
Debt
U.S. corporate	$	1,652	Income approach	Discount rate(a)	1.3%-29.9% (11.1%)
Asset-backed		4,977	Income approach	Discount rate(a)	2.1%-13.1% (3.8%)
Corporate – non-U.S.		865	Income approach	Discount rate(a)	1.5%-25.0% (13.2%)
Other financial assets		633	Income approach, Market comparables	Weighted average cost of capital	8.7%-10.2% (8.7%)
				EBITDA multiple	4.9X-10.6X (7.9X)
Non-recurring fair value measurements
Financing receivables and   loans held for sale	$	2,835	Income approach, Business enterprise value	Capitalization rate(b)	3.8%-14.0% (8.0%)
				EBITDA multiple	2.0X-6.0X (4.8X)
Cost and equity method investments		72	Income approach	Capitalization rate(b)	9.2%-12.8% (12.0%)
Long-lived assets, including real estate		985	Income approach	Capitalization rate(b)	4.8%-14.6% (7.3%)

(a)   Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value.

(b)   Represents the rate of return on net operating income that is considered acceptable for an investor and is used to determine a property’s capitalized value. An increase in the capitalization rate would result in a decrease in the fair value.

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At September 30, 2013 and December 31, 2012, other Level 3 recurring fair value measurements of $2,894 million and $3,146 million, respectively, and non-recurring measurements of $2,447 million and $2,412 million, respectively, are valued using non-binding broker quotes or other third-party sources. For a description of our process to evaluate third-party pricing servicers, see Note 1 in our 2012 consolidated financial statements. At September 30, 2013 and December 31, 2012, other recurring fair value measurements of $343 million and $370 million, respectively, and non-recurring fair value measurements of $402 million and $285 million, respectively, were individually insignificant and utilize a number of different unobservable inputs not subject to meaningful aggregation.

16. FINANCIAL INSTRUMENTS

The following table provides information about the assets and liabilities not carried at fair value in our Condensed Statement of Financial Position. The table excludes finance leases and non-financial assets and liabilities. Substantially all of the assets discussed below are considered to be Level 3. The vast majority of our liabilities’ fair value can be determined based on significant observable inputs and thus considered Level 2. Few of the instruments are actively traded and their fair values must often be determined using financial models. Realization of the fair value of these instruments depends upon market forces beyond our control, including marketplace liquidity. For a description on how we estimate fair value, see Note 22 in our 2012 consolidated financial statements.

	September 30, 2013						December 31, 2012
			Assets (liabilities)						Assets (liabilities)
			Carrying						Carrying
	Notional		amount		Estimated		Notional		amount		Estimated
(In millions)	amount		(net)		fair value		amount		(net)		fair value
GE
Assets
Investments and notes
receivable	$	(a)	$	440	$	448	$	(a)	$	222	$	222
Liabilities
Borrowings(b)		(a)		(12,595)		(13,123)		(a)		(17,469)		(18,619)
GECC
Assets
Loans		(a)		224,691		228,490		(a)		236,678		239,084
Other commercial mortgages		(a)		2,012		1,956		(a)		2,222		2,249
Loans held for sale		(a)		357		357		(a)		1,180		1,181
Other financial instruments(c)		(a)		1,720		2,247		(a)		1,858		2,276
Liabilities
Borrowings and bank
deposits(b)(d)		(a)		(376,060)		(388,415)		(a)		(397,300)		(414,533)
Investment contract benefits		(a)		(3,186)		(3,745)		(a)		(3,321)		(4,150)
Guaranteed investment
contracts		(a)		(1,521)		(1,531)		(a)		(1,644)		(1,674)
Insurance – credit life(e)		2,155		(112)		(95)		2,277		(120)		(104)

(a) These financial instruments do not have notional amounts.

(b) See Note 8.

(c) Principally cost method investments.

(d) Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at September 30, 2013 and December 31, 2012 would have been reduced by $2,851 million and $7,937 million, respectively.

(e) Net of reinsurance of $1,250 million and $2,000 million at September 30, 2013 and December 31, 2012, respectively.

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Loan Commitments
	Notional amount at
	September 30,		December 31,
(In millions)	2013		2012
Ordinary course of business lending commitments(a)	$	4,781	$	3,708
Unused revolving credit lines(b)
Commercial(c)		15,095		17,929
Consumer – principally credit cards		284,855		271,387

(a) Excluded investment commitments of $1,615 million and $1,276 million as of September 30, 2013 and December 31, 2012, respectively.

(b) Excluded inventory financing arrangements, which may be withdrawn at our option, of $14,233 million and $12,813 million as of September 30, 2013 and December 31, 2012, respectively.

(c) Included commitments of $10,776 million and $12,923 million as of September 30, 2013 and December 31, 2012, respectively, associated with secured financing arrangements that could have increased to a maximum of $13,461 million and $15,731 million at September 30, 2013 and December 31, 2012, respectively, based on asset volume under the arrangement.

Securities Repurchase and Reverse Repurchase Arrangements

Our issuances of securities repurchase agreements are insignificant and are limited to activities at certain of our foreign banks primarily for purposes of liquidity management.  At September 30, 2013, we were party to repurchase agreements totaling $12 million, which were reported in short-term borrowings on the financial statements.  We have had no repurchase agreements that were accounted for as off-book financing and we do not engage in securities lending transactions.

We also enter into reverse securities repurchase agreements primarily for short-term investment with maturities of 90 days or less. At September 30, 2013, we were party to reverse repurchase agreements totaling $20.4 billion, which were reported in cash and equivalents on the financial statements.  Under these reverse securities repurchase agreements, we typically lend available cash at a specified rate of interest and hold U.S. or highly-rated European government securities as collateral during the term of the agreement. Collateral value is in excess of amounts loaned under the agreements.

Derivatives and hedging

As a matter of policy, we use derivatives for risk management purposes, and we do not use derivatives for speculative purposes. A key risk management objective for our financial services businesses is to mitigate interest rate and currency risk by seeking to ensure that the characteristics of the debt match the assets they are funding. If the form (fixed versus floating) and currency denomination of the debt we issue do not match the related assets, we typically execute derivatives to adjust the nature and tenor of funding to meet this objective within pre-defined limits. The determination of whether we enter into a derivative transaction or issue debt directly to achieve this objective depends on a number of factors, including market related factors that affect the type of debt we can issue.

The notional amounts of derivative contracts represent the basis upon which interest and other payments are calculated and are reported gross, except for offsetting foreign currency forward contracts that are executed in order to manage our currency risk of net investment in foreign subsidiaries. Of the outstanding notional amount of $319,000 million, approximately 86% or $275,000 million, is associated with reducing or eliminating the interest rate, currency or market risk between financial assets and liabilities in our financial services businesses. The remaining derivative activities primarily relate to hedging against adverse changes in currency exchange rates and commodity prices related to anticipated sales and purchases and contracts containing certain clauses that meet the accounting definition of a derivative. The instruments used in these activities are designated as hedges when practicable. When we are not able to apply hedge accounting, or when the derivative and the hedged item are both recorded in earnings concurrently, the derivatives are deemed economic hedges and hedge accounting is not applied. This most frequently occurs when we hedge a recognized foreign currency transaction (e.g., a receivable or payable) with a derivative. Since the effects of changes in exchange rates are reflected concurrently in earnings for both the derivative and the transaction, the economic hedge does not require hedge accounting.

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The following table provides information about the fair value of our derivatives, by contract type, separating those accounted for as hedges and those that are not.

	At
	September 30, 2013				December 31, 2012
	Fair value				Fair value
(In millions)		Assets		Liabilities		Assets		Liabilities
Derivatives accounted for as hedges
Interest rate contracts	$	4,339		1,630	$	8,443	$	719
Currency exchange contracts		906		1,593		890		1,777
Other contracts		1		3		1		-
		5,246		3,226		9,334		2,496
Derivatives not accounted for as hedges
Interest rate contracts		304		158		452		195
Currency exchange contracts		1,589		1,792		1,797		691
Other contracts		203		44		283		72
		2,096		1,994		2,532		958
Gross derivatives recognized in statement of
financial position
Gross derivatives		7,342		5,220		11,866		3,454
Gross accrued interest		1,199		102		1,683		14
		8,541		5,322		13,549		3,468
Amounts offset in statement of financial position
Netting adjustments(a)		(3,819)		(3,813)		(2,801)		(2,786)
Cash collateral(b)		(2,056)		(624)		(5,125)		(391)
		(5,875)		(4,437)		(7,926)		(3,177)
Net derivatives recognized in statement of
financial position
Net derivatives		2,666		885		5,623		291
Amounts not offset in statement of
financial position
Securities held as collateral(c)		(1,706)		-		(5,227)		-
Net amount	$	960	$	885	$	396	$	291

Derivatives are classified in the captions “All other assets” and “All other liabilities” and the related accrued interest is classified in “Other GECC receivables” and “All other liabilities” in our financial statements.

(a) The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts included fair value adjustments related to our own and counterparty non-performance risk. At September 30, 2013 and December 31, 2012, the cumulative adjustment for non-performance risk was a gain (loss) of $(6) million and $(15) million, respectively.

(b) Excludes excess cash collateral received and posted of $24 million and $11 million at September 30, 2013, respectively, and $42 million and $10 million at December 31, 2012, respectively.

(c) Excludes excess securities collateral received of $53 million and $359 million at September 30, 2013 and December 31, 2012, respectively.

Fair value hedges

We use interest rate and currency exchange derivatives to hedge the fair value effects of interest rate and currency exchange rate changes on local and non-functional currency denominated fixed-rate debt. For relationships designated as fair value hedges, changes in fair value of the derivatives are recorded in earnings within interest and other financial charges, along with offsetting adjustments to the carrying amount of the hedged debt. The following tables provide information about the earnings effects of our fair value hedging relationships for the three and nine months ended September 30, 2013 and 2012, respectively.

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	Three months ended September 30,
	2013				2012
(In millions)	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
	derivatives		items		derivatives		items
Interest rate contracts	$	(449)	$	410	$	441	$	(552)
Currency exchange contracts		(4)		3		8		(10)

Fair value hedges resulted in $(40) million and $(113) million of ineffectiveness in the three months ended September 30, 2013 and 2012, respectively. In both the three months ended September 30, 2013 and 2012, there were insignificant amounts excluded from the assessment of effectiveness. 

	Nine months ended September 30,
	2013				2012
(In millions)	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
	derivatives		items		derivatives		items
Interest rate contracts	$	(4,295)	$	4,236	$	1,226	$	(1,514)
Currency exchange contracts		(11)		10		(103)		91

Fair value hedges resulted in $(60) million and $(300) million of ineffectiveness in the nine months ended September 30, 2013 and 2012, respectively. In both the nine months ended September 30, 2013 and 2012, there were insignificant amounts excluded from the assessment of effectiveness.

Cash flow hedges

We use interest rate, currency exchange and commodity derivatives to reduce the variability of expected future cash flows associated with variable rate borrowings and commercial purchase and sale transactions, including commodities. For derivatives that are designated in a cash flow hedging relationship, the effective portion of the change in fair value of the derivative is reported as a component of AOCI and reclassified into earnings contemporaneously and in the same caption with the earnings effects of the hedged transaction.

The following tables provide information about the amounts recorded in AOCI, as well as the gain (loss) recorded in earnings, when reclassified out of AOCI, for the threeand nine months ended September 30, 2013 and 2012, respectively. See Note 12 for additional information about reclassifications out of AOCI.

					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings
(In millions)	for the three months ended September 30,				for the three months ended September 30,
	2013		2012		2013		2012
Cash flow hedges
Interest rate contracts	$	(24)	$	(68)	$	(88)	$	(118)
Currency exchange contracts		58		301		114		203
Commodity contracts		1		4		(1)		(1)
Total	$	35	$	237	$	25	$	84

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					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings for
(In millions)	for the nine months ended September 30,				for the nine months ended September 30,
	2013		2012		2013		2012
Cash flow hedges
Interest rate contracts	$	(15)	$	(147)	$	(282)	$	(384)
Currency exchange contracts		372		590		290		473
Commodity contracts		(6)		8		(3)		(3)
Total	$	351	$	451	$	5	$	86

The total pre-tax amount in AOCI related to cash flow hedges of forecasted transactions was a $380 million loss at September 30, 2013. We expect to transfer $272 million to earnings as an expense in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. In both the three and nine months ended September 30, 2013 and 2012, we recognized insignificant gains and losses related to hedged forecasted transactions and firm commitments that did not occur by the end of the originally specified period. At September 30, 2013 and 2012, the maximum term of derivative instruments that hedge forecasted transactions was 19 years and 20 years, respectively.

For cash flow hedges, the amount of ineffectiveness in the hedging relationship and amount of the changes in fair value of the derivatives that are not included in the measurement of ineffectiveness are both reflected in earnings each reporting period. These amounts are primarily reported in GECC revenues from services and totaled $(1) million and $1 million in the three months ended September 30, 2013 and 2012, respectively, and $0 million and $4 million in the nine months ended September 30, 2013 and 2012, respectively.

Net investment hedges in foreign operations

We use currency exchange derivatives to protect our net investments in global operations conducted in non-U.S. dollar currencies. For derivatives that are designated as hedges of net investment in a foreign operation, we assess effectiveness based on changes in spot currency exchange rates. Changes in spot rates on the derivative are recorded as a component of AOCI until such time as the foreign entity is substantially liquidated or sold. The change in fair value of the forward points, which reflects the interest rate differential between the two countries on the derivative, is excluded from the effectiveness assessment.

The following tables provide information about the amounts recorded in AOCI for the three and nine months ended September 30, 2013 and 2012, respectively, as well as the gain (loss) recorded in GECC revenues from serviceswhen reclassified out of AOCI.

	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
(In millions)	for the three months ended September 30,				for the three months ended September 30,
	2013		2012		2013		2012
Net investment hedges
Currency exchange contracts	$	645	$	(2,939)	$	(169)	$	39
	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
(In millions)	for the nine months ended September 30,				for the nine months ended September 30,
	2013		2012		2013		2012
Net investment hedges
Currency exchange contracts	$	3,162	$	(2,588)	$	(278)	$	27

The amounts related to the change in the fair value of the forward points that are excluded from the measure of effectiveness were $(161) million and $(183) million in the three months ended September 30, 2013 and 2012, respectively, and $(514) million and $(663) million in the nine months ended September 30, 2013 and 2012, respectively, and are recorded in interest and other financial charges.

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Free-standing derivatives

Changes in the fair value of derivatives that are not designated as hedges are recorded in earnings each period. As discussed above, these derivatives are typically entered into as economic hedges of changes in interest rates, currency exchange rates, commodity prices and other risks. Gains or losses related to the derivative are typically recorded in GECC revenues from services or other income, based on our accounting policy. In general, the earnings effects of the item that represent the economic risk exposure are recorded in the same caption as the derivative. Gains (losses) for the nine months ended September 30, 2013 on derivatives not designated as hedges were $(960) million composed of amounts related to interest rate contracts of $(90) million, currency exchange contracts of $(1,011) million, and other derivatives of $141 million. These losses were more than offset by the earnings effects from the underlying items that were economically hedged. Gains (losses) for the nine months ended September 30, 2012 on derivatives not designated as hedges were $(528) million composed of amounts related to interest rate contracts of $(217) million, currency exchange contracts of $(472) million, and other derivatives of $161 million. These losses were more than offset the earnings effects from the underlying items that were economically hedged.

Counterparty credit risk

Fair values of our derivatives can change significantly from period to period based on, among other factors, market movements and changes in our positions. We manage counterparty credit risk (the risk that counterparties will default and not make payments to us according to the terms of our agreements) on an individual counterparty basis. Where we have agreed to netting of derivative exposures with a counterparty, we net our exposures with that counterparty and apply the value of collateral posted to us to determine the exposure. We actively monitor these net exposures against defined limits and take appropriate actions in response, including requiring additional collateral.

As discussed above, we have provisions in certain of our master agreements that require counterparties to post collateral (typically, cash or U.S. Treasury securities) when our receivable due from the counterparty, measured at current market value, exceeds a specified limit. The fair value of such collateral was $3,762 million, of which $2,056 million was cash and $1,706 million was in the form of securities held by a custodian for our benefit. Under certain of these same agreements, we post collateral to our counterparties for our derivative obligations, the fair value of which was $624 million at September 30, 2013. At September 30, 2013, our exposure to counterparties (including accrued interest), net of collateral we hold, was $895 million. This excludes exposure related to embedded derivatives.

Additionally, our master agreements typically contain mutual downgrade provisions that provide the ability of each party to require termination if the long-term credit rating of the counterparty were to fall below A-/A3. In certain of these master agreements, each party also has the ability to require termination if the short-term rating of the counterparty were to fall below A-1/P-1. Our master agreements also typically contain provisions that provide termination rights upon the occurrence of certain other events, such as a bankruptcy or events of default by one of the parties.  If an agreement was terminated under any of these circumstances, the termination amount payable would be determined on a net basis and could also take into account any collateral posted. The net amount of our derivative liability, after consideration of collateral posted by us and outstanding interest payments was $851 million at September 30, 2013. This excludes embedded derivatives.

17. SUPPLEMENTAL INFORMATION ABOUT THE CREDIT QUALITY OF FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES

We provide further detailed information about the credit quality of our Commercial, Real Estate and Consumer financing receivables portfolios. For each portfolio, we describe the characteristics of the financing receivables and provide information about collateral, payment performance, credit quality indicators, and impairment. We manage these portfolios using delinquency and nonearning data as key performance indicators. The categories used within this section such as impaired loans, troubled debt restructuring (TDR) and nonaccrual financing receivables are defined by the authoritative guidance and we base our categorization on the related scope and definitions contained in the related standards. The categories of nonearning and delinquent are defined by us and are used in our process for managing our financing receivables. Definitions of these categories are provided in Note 1 in our 2012 consolidated financial statements.

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COMMERCIAL

Financing Receivables and Allowance for Losses

The following table provides further information about general and specific reserves related to Commercial financing receivables.

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
CLL
Americas	$	69,240	$	72,517
Europe(a)		35,529		37,037
Asia		9,573		11,401
Other(a)		468		603
Total CLL		114,810		121,558
Energy Financial Services		4,367		4,851
GECAS		9,642		10,915
Other		393		486
Total Commercial financing receivables, before allowance for losses	$	129,212	$	137,810
Non-impaired financing receivables	$	125,086	$	132,741
General reserves		599		554
Impaired loans		4,126		5,069
Specific reserves		311		487

(a) During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

Past Due Financing Receivables

The following table displays payment performance of Commercial financing receivables.

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due		past due		past due
CLL
Americas	1.0	%	0.5	%	1.1	%	0.5	%
Europe	4.2		2.0		3.7		2.1
Asia	0.8		0.5		0.9		0.6
Other	–		–		0.1		–
Total CLL	2.0		1.0		1.9		1.0
Energy Financial Services	–		–		–		–
GECAS	–		–		–		–
Other	0.1		–		2.8		2.8
Total	1.8		0.8		1.7		0.9

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Nonaccrual Financing Receivables

The following table provides further information about Commercial financing receivables that are classified as nonaccrual. Of our $3,404 million and $4,166 million of nonaccrual financing receivables at September 30, 2013 and December 31, 2012, respectively, $2,105 million and $2,647 million are currently paying in accordance with their contractual terms, respectively.

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
CLL
Americas	$	1,655		$	1,951		$	1,182		$	1,333
Europe		1,269			1,740			916			1,299
Asia		465			395			226			193
Other		-			52			-			52
Total CLL		3,389			4,138			2,324			2,877
Energy Financial Services		4			-			4			-
GECAS		-			3			-			-
Other		11			25			-			13
Total	$	3,404		$	4,166		$	2,328		$	2,890
Allowance for losses percentage		26.7	%		25.0	%		39.1	%		36.0	%

Impaired Loans

The following table provides information about loans classified as impaired and specific reserves related to Commercial.

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment in		investment		principal		Associated		investment
(In millions)	in loans		balance		loans		in loans		balance		allowance		in loans
September 30, 2013
CLL
Americas	$	1,979	$	2,391	$	2,275	$	474	$	633	$	131	$	517
Europe		865		1,747		995		470		739		167		525
Asia		237		242		149		86		109		12		88
Other		-		-		-		-		-		-		15
Total CLL		3,081		4,380		3,419		1,030		1,481		310		1,145
Energy Financial Services		-		-		-		4		4		1		2
GECAS		-		-		-		-		-		-		1
Other		10		10		10		1		1		-		5
Total	$	3,091	$	4,390	$	3,429	$	1,035	$	1,486	$	311	$	1,153
December 31, 2012
CLL
Americas	$	2,487	$	2,927	$	2,535	$	557	$	681	$	178	$	987
Europe		1,131		1,901		1,009		643		978		278		805
Asia		62		64		62		109		120		23		134
Other		-		-		43		52		68		6		16
Total CLL		3,680		4,892		3,649		1,361		1,847		485		1,942
Energy Financial Services		-		-		2		-		-		-		7
GECAS		-		-		17		3		3		-		5
Other		17		28		26		8		8		2		40
Total	$	3,697	$	4,920	$	3,694	$	1,372	$	1,858	$	487	$	1,994

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We recognized $173 million, $253 million and $181 million of interest income, including $53 million, $92 million and $70 million on a cash basis, for the nine months ended September 30, 2013, the year ended December 31, 2012 and the nine months ended September 30, 2012, respectively, principally in our CLL Americas business. The total average investment in impaired loans for the nine months ended September 30, 2013and the year ended December 31, 2012 was $4,582 million and $5,688 million, respectively.

Impaired loans classified as TDRs in our CLL business were $3,211 million and $3,872 million at September 30, 2013 and December 31, 2012, respectively, and were primarily attributable to CLL Americas ($2,129 million and $2,577 million, respectively).  For the nine months ended September 30, 2013, we modified $1,153 million of loans classified as TDRs, primarily in CLL Americas ($580 million). Changes to these loans primarily included extensions, interest only payment periods, debt to equity exchange and forbearance or other actions, which are in addition to, or sometimes in lieu of, fees and rate increases. Of our $1,808 million and $2,736 million of modifications classified as TDRs in the twelve months ended September 30, 2013 and 2012, respectively, $80 million and $157 million have subsequently experienced a payment default in thenine months ended September 30, 2013 and 2012, respectively.

Credit Quality Indicators

Substantially all of our Commercial financing receivables portfolio is secured lending and we assess the overall quality of the portfolio based on the potential risk of loss measure. The metric incorporates both the borrower’s credit quality along with any related collateral protection.

Our internal risk ratings process is an important source of information in determining our allowance for losses and represents a comprehensive, statistically validated approach to evaluate risk in our financing receivables portfolios. In deriving our internal risk ratings, we stratify our Commercial portfolios into 21 categories of default risk and/or six categories of loss given default to group into three categories: A, B and C. Our process starts by developing an internal risk rating for our borrowers, which are based upon our proprietary models using data derived from borrower financial statements, agency ratings, payment history information, equity prices and other commercial borrower characteristics. We then evaluate the potential risk of loss for the specific lending transaction in the event of borrower default, which takes into account such factors as applicable collateral value, historical loss and recovery rates for similar transactions, and our collection capabilities. Our internal risk ratings process and the models we use are subject to regular monitoring and validation controls. The frequency of rating updates is set by our credit risk policy, which requires annual Risk Committee approval. The models are updated on a regular basis and statistically validated annually, or more frequently as circumstances warrant.

The table below summarizes our Commercial financing receivables by risk category. As described above, financing receivables are assigned one of 21 risk ratings based on our process and then these are grouped by similar characteristics into three categories in the table below. Category A is characterized by either high credit quality borrowers or transactions with significant collateral coverage, which substantially reduces or eliminates the risk of loss in the event of borrower default. Category B is characterized by borrowers with weaker credit quality than those in Category A, or transactions with moderately strong collateral coverage, which minimizes but may not fully mitigate the risk of loss in the event of default. Category C is characterized by borrowers with higher levels of default risk relative to our overall portfolio or transactions where collateral coverage may not fully mitigate a loss in the event of default.

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	Secured
(In millions)	A		B		C		Total
September 30, 2013
CLL
Americas	$	66,084	$	1,531	$	1,625	$	69,240
Europe(a)		33,450		484		1,054		34,988
Asia		9,050		103		264		9,417
Other(a)		113		-		-		113
Total CLL		108,697		2,118		2,943		113,758
Energy Financial Services		4,202		38		-		4,240
GECAS		9,504		111		27		9,642
Other		393		-		-		393
Total	$	122,796	$	2,267	$	2,970	$	128,033
December 31, 2012
CLL
Americas	$	68,360	$	1,775	$	2,382	$	72,517
Europe(a)		33,756		1,188		1,256		36,200
Asia		10,732		117		372		11,221
Other(a)		159		-		94		253
Total CLL		113,007		3,080		4,104		120,191
Energy Financial Services		4,725		-		-		4,725
GECAS		10,681		223		11		10,915
Other		486		-		-		486
Total	$	128,899	$	3,303	$	4,115	$	136,317

(a) During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

For our secured financing receivables portfolio, our collateral position and ability to work out problem accounts mitigates our losses. Our asset managers have deep industry expertise that enables us to identify the optimum approach to default situations. We price risk premiums for weaker credits at origination, closely monitor changes in creditworthiness through our risk ratings and watch list process, and are engaged early with deteriorating credits to minimize economic loss. Secured financing receivables within risk Category C are predominantly in our CLL businesses and are primarily composed of senior term lending facilities and factoring programs secured by various asset types including inventory, accounts receivable, cash, equipment and related business facilities as well as franchise finance activities secured by underlying equipment.

Loans within Category C are reviewed and monitored regularly, and classified as impaired when it is probable that they will not pay in accordance with contractual terms. Our internal risk rating process identifies credits warranting closer monitoring; and as such, these loans are not necessarily classified as nonearning or impaired.

Our unsecured Commercial financing receivables portfolio is primarily attributable to our Interbanca S.p.A. and GE Sanyo Credit acquisitions in Europe and Asia, respectively. At September 30, 2013 and December 31, 2012, these financing receivables included $398 million and $458 million rated A, $514 million and $583 million rated B, and $267 million and $452 million rated C, respectively.

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REAL ESTATE

Financing Receivables and Allowance for Losses

The following table provides further information about general and specific reserves related to Real Estate financing receivables.

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
Real Estate financing receivables, before allowance for losses	$	18,966	$	20,946
Non-impaired financing receivables	$	14,769	$	15,253
General reserves		87		132
Impaired loans		4,197		5,693
Specific reserves		83		188

Past Due Financing Receivables

The following table displays payment performance of Real Estate financing receivables.

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due		past due		past due
Real Estate	1.4	%	1.4	%	2.3	%	2.2	%

Nonaccrual Financing Receivables

The following table provides further information about Real Estate financing receivables that are classified as nonaccrual. Of our $3,723 million and $4,885 million of nonaccrual financing receivables at September 30, 2013 and December 31, 2012, respectively, $3,454 million and $4,461 million are currently paying in accordance with their contractual terms, respectively.

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
Real Estate	$	3,723		$	4,885		$	357		$	444
Allowance for losses percentage		4.6	%		6.6	%		47.6	%		72.1	%

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Impaired Loans

The following table provides information about loans classified as impaired and specific reserves related to Real Estate.

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment		investment		principal		Associated		investment
(In millions)	in loans		balance		in loans		in loans		balance		allowance		in loans
September 30, 2013
Real Estate	$	2,793	$	3,149	$	3,169	$	1,404	$	1,724	$	83	$	1,799
December 31, 2012
Real Estate	$	3,491	$	3,712	$	3,773	$	2,202	$	2,807	$	188	$	3,752

We recognized $161 million, $329 million and $265 million of interest income, including $132 million, $237 million and $183 million on a cash basis, for the nine months ended September 30, 2013, the year ended December 31, 2012 and the nine months ended September 30, 2012, respectively. The total average investment in impaired loans for the nine months ended September 30, 2013 and the year ended December 31, 2012 was $4,968 million and $7,525 million, respectively.

Real Estate TDRs decreased from $5,146 million at December 31, 2012 to $3,931 million at September 30, 2013, primarily driven by resolution of TDRs through paydowns and the impact of currency exchange, partially offset by extensions of loans scheduled to mature during 2013, some of which were classified as TDRs upon modification. We deem loan modifications to be TDRs when we have granted a concession to a borrower experiencing financial difficulty and we do not receive adequate compensation in the form of an effective interest rate that is at current market rates of interest given the risk characteristics of the loan or other consideration that compensates us for the value of the concession. The limited liquidity and higher return requirements in the real estate market for loans with higher loan-to-value (LTV) ratios has typically resulted in the conclusion that the modified terms are not at current market rates of interest, even if the modified loans are expected to be fully recoverable. For the nine months ended September 30, 2013, we modified $1,357 million of loans classified as TDRs. Changes to these loans primarily included maturity extensions, principal payment acceleration, changes to collateral or covenant terms and cash sweeps, which are in addition to, or sometimes in lieu of, fees and rate increases. Of our $2,089 million and $4,606 million of modifications classified as TDRs in the twelve months ended September 30, 2013 and 2012, respectively, $282 million and $212 million have subsequently experienced a payment default in the nine months ended September 30, 2013 and 2012, respectively.

Credit Quality Indicators

Due to the primarily non-recourse nature of our Debt portfolio, loan-to-value ratios provide the best indicators of the credit quality of the portfolio.

	Loan-to-value ratio
	September 30, 2013						December 31, 2012
	Less than		80% to		Greater than		Less than		80% to		Greater than
(In millions)	80%		95%		95%		80%		95%		95%
Debt	$	14,387	$	1,221	$	2,371	$	13,570	$	2,572	$	3,604

By contrast, the credit quality of the owner occupied/credit tenant portfolio is primarily influenced by the strength of the borrower’s general credit quality, which is reflected in our internal risk rating process, consistent with the process we use for our Commercial portfolio. As of September 30, 2013, the internal risk rating of A, B and C for our owner occupied/credit tenant portfolio approximated $595 million, $194 million and $198 million, respectively, as compared to the December 31, 2012, ratings of $956 million, $25 million and $219 million, respectively.

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Within Real Estate-Debt, these financing receivables are primarily concentrated in our North American and European Lending platforms and are secured by various property types. A substantial majority of the Real Estate-Debt financing receivables with loan-to-value ratios greater than 95% are paying in accordance with contractual terms. Substantially all of these loans and the majority of our owner occupied/credit tenant financing receivables included in Category C are impaired loans that are subject to the specific reserve evaluation process described in Note 1 in our 2012 consolidated financial statements. The ultimate recoverability of impaired loans is driven by collection strategies that do not necessarily depend on the sale of the underlying collateral and include full or partial repayments through third-party refinancing and restructurings.

CONSUMER

At September 30, 2013, our U.S. consumer financing receivables included private-label credit card and sales financing for approximately 56 million customers across the U.S. with no metropolitan area accounting for more than 6% of the portfolio. Of the total U.S. consumer financing receivables, approximately 65% relate to credit card loans, which are often subject to profit and loss sharing arrangements with the retailer (which are recorded in revenues), and the remaining 35% are sales finance receivables, which provide financing to customers in areas such as electronics, recreation, medical and home improvement.

Financing Receivables and Allowance for Losses

The following table provides further information about general and specific reserves related to Consumer financing receivables.

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
Non-U.S. residential mortgages	$	31,142	$	33,451
Non-U.S. installment and revolving credit		17,305		18,546
U.S. installment and revolving credit		51,799		50,853
Non-U.S. auto		3,524		4,260
Other		7,427		8,070
Total Consumer financing receivables, before allowance for losses	$	111,197	$	115,180
Non-impaired financing receivables	$	108,002	$	111,960
General reserves		3,388		2,950
Impaired loans		3,195		3,220
Specific reserves		684		674

Past Due Financing Receivables

The following table displays payment performance of Consumer financing receivables.

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due(a)		past due		past due(a)
Non-U.S. residential mortgages(b)	11.5	%	7.1	%	12.0	%	7.5	%
Non-U.S. installment and revolving credit	3.7		1.1		3.9		1.1
U.S. installment and revolving credit	4.3		1.9		4.6		2.0
Non-U.S. auto	3.1		0.4		3.1		0.5
Other	2.7		1.5		2.8		1.7
Total	6.1		3.1		6.5		3.4

(a)   Included $28 million and $24 million of loans at September 30, 2013 and December 31, 2012, respectively, which are over 90 days past due and accruing interest, mainly representing accretion on loans acquired at a discount.

(b)   Consumer loans secured by residential real estate (both revolving and closed-end loans) are written down to the fair value of collateral, less costs to sell, no later than when they become 180 days past due.

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Nonaccrual Financing Receivables

The following table provides further information about Consumer financing receivables that are classified as nonaccrual.

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
Non-U.S. residential mortgages	$	2,269		$	2,600		$	2,258		$	2,569
Non-U.S. installment and revolving credit		205			224			205			224
U.S. installment and revolving credit		936			1,026			936			1,026
Non-U.S. auto		20			24			20			24
Other		386			427			341			351
Total	$	3,816		$	4,301		$	3,760		$	4,194
Allowance for losses percentage		106.7	%		84.3	%		108.3	%		86.4	%

Impaired Loans

The vast majority of our Consumer nonaccrual financing receivables are smaller balance homogeneous loans evaluated collectively, by portfolio, for impairment and therefore are outside the scope of the disclosure requirement for impaired loans. Accordingly, impaired loans in our Consumer business represent restructured smaller balance homogeneous loans meeting the definition of a TDR, and are therefore subject to the disclosure requirement for impaired loans, and commercial loans in our Consumer–Other portfolio. The recorded investment of these impaired loans totaled $3,195 million (with an unpaid principal balance of $3,267 million) and comprised $99 million with no specific allowance, primarily all in our Consumer–Other portfolio, and $3,096 million with a specific allowance of $684 million at September 30, 2013. The impaired loans with a specific allowance included $307 million with a specific allowance of $76 million in our Consumer–Other portfolio and $2,789 million with a specific allowance of $608 million across the remaining Consumer business and had an unpaid principal balance and average investment of $3,140 million and $3,112 million, respectively, at September 30, 2013. We recognized $169 million, $169 million and $127 million of interest income, including $3 million, $5 million and $5 million on a cash basis, for the nine months ended September 30, 2013, the year ended December 31, 2012 and the nine months ended September 30, 2012, respectively, principally in our Consumer–U.S. installment and revolving credit portfolios. The total average investment in impaired loans for the nine months ended September 30, 2013 and the year ended December 31, 2012 was $3,207 million and $3,056 million, respectively.

Impaired loans classified as TDRs in our Consumer business were $3,037 million and $3,053 million at September 30, 2013 and December 31, 2012, respectively.  We utilize certain loan modification programs for borrowers experiencing financial difficulties in our Consumer loan portfolio. These loan modification programs primarily include interest rate reductions and payment deferrals in excess of three months, which were not part of the terms of the original contract, and are primarily concentrated in our non-U.S. residential mortgage and U.S. credit card portfolios.  For the nine months ended September 30, 2013, we modified $1,157 million of consumer loans for borrowers experiencing financial difficulties, which are classified as TDRs, and included $719 million of non-U.S. consumer loans, primarily residential mortgages, credit cards and personal loans and $438 million of U.S. consumer loans, primarily credit cards. We expect borrowers whose loans have been modified under these programs to continue to be able to meet their contractual obligations upon the conclusion of the modification. Of our $1,577 million and $1,699 million of modifications classified as TDRs in the twelve months ended September 30, 2013 and 2012, respectively, $215 million and $188 million have subsequently experienced a payment default in the nine months ended September 30, 2013 and 2012, respectively.

Credit Quality Indicators

Our Consumer financing receivables portfolio comprises both secured and unsecured lending. Secured financing receivables comprise residential loans and lending to small and medium-sized enterprises predominantly secured by auto and equipment, inventory finance, and cash flow loans. Unsecured financing receivables include private-label credit card financing. A substantial majority of these cards are not for general use and are limited to the products and services sold by the retailer. The private label portfolio is diverse with no metropolitan area accounting for more than 5% of the related portfolio.

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Non-U.S. residential mortgages

For our secured non-U.S. residential mortgage book, we assess the overall credit quality of the portfolio through loan-to-value ratios (the ratio of the outstanding debt on a property to the value of that property at origination). In the event of default and repossession of the underlying collateral, we have the ability to remarket and sell the properties to eliminate or mitigate the potential risk of loss. The table below provides additional information about our non-U.S. residential mortgages based on loan-to-value ratios.

	Loan-to-value ratio
	September 30, 2013							December 31, 2012
	80% or		Greater than		Greater than		80% or		Greater than		Greater than
(In millions)	less		80% to 90%		90%		less		80% to 90%		90%
Non-U.S.
residential
mortgages	$	17,401	$	5,238	$	8,503	$	18,613	$	5,739	$	9,099

The majority of these financing receivables are in our U.K. and France portfolios and have re-indexed loan-to-value ratios of 79% and 56%, respectively. We have third-party mortgage insurance for about 30% of the balance of Consumer non-U.S. residential mortgage loans with loan-to-value ratios greater than 90% at September 30, 2013. Such loans were primarily originated in Poland, France and the U.K.

Installment and Revolving Credit

For our unsecured lending products, including the non-U.S. and U.S. installment and revolving credit and non-U.S. auto portfolios, we assess overall credit quality using internal and external credit scores. Our internal credit scores imply a probability of default, which we consistently translate into three approximate credit bureau equivalent credit score categories, including (a) 681 or higher, which are considered the strongest credits; (b) 615 to 680, considered moderate credit risk; and (c) 614 or less, which are considered weaker credits.

	Internal ratings translated to approximate credit bureau equivalent score
	September 30, 2013						December 31, 2012
	681 or		615 to		614 or		681 or		615 to		614 or
(In millions)	higher		680		less		higher		680		less
Non-U.S.
installment and
revolving credit	$	10,037	$	4,098	$	3,170	$	10,493	$	4,496	$	3,557
U.S. installment
and revolving
credit		34,187		10,293		7,319		33,204		9,753		7,896
Non-U.S. auto		2,705		488		331		3,141		666		453

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Of those financing receivable accounts with credit bureau equivalent scores of 614 or less at September 30, 2013, 97% relate to installment and revolving credit accounts. These smaller balance accounts have an average outstanding balance less than one thousand U.S. dollars and are primarily concentrated in our retail card and sales finance receivables in the U.S. (which are often subject to profit and loss sharing arrangements), and closed-end loans outside the U.S., which minimizes the potential for loss in the event of default. For lower credit scores, we adequately price for the incremental risk at origination and monitor credit migration through our risk ratings process. We continuously adjust our credit line underwriting management and collection strategies based on customer behavior and risk profile changes.

Consumer – Other

Secured lending in Consumer – Other comprises loans to small and medium-sized enterprises predominantly secured by auto and equipment, inventory finance and cash flow loans. We develop our internal risk ratings for this portfolio in a manner consistent with the process used to develop our Commercial credit quality indicators, described above. We use the borrower’s credit quality and underlying collateral strength to determine the potential risk of loss from these activities.

At September 30, 2013, Consumer – Other financing receivables of $6,597 million, $247 million and $583 million were rated A, B, and C, respectively. At December 31, 2012, Consumer – Other financing receivables of $6,873 million, $451 million and $746 million were rated A, B, and C, respectively.

18. VARIABLE INTEREST ENTITIES

We use variable interest entities primarily to securitize financial assets and arrange other forms of asset-backed financing in the ordinary course of business. Except as noted below, investors in these entities only have recourse to the assets owned by the entity and not to our general credit. We do not have implicit support arrangements with any VIE. We did not provide non-contractual support for previously transferred financing receivables to any VIE in 2013 or 2012.

In evaluating whether we have the power to direct the activities of a VIE that most significantly impact its economic performance, we consider the purpose for which the VIE was created, the importance of each of the activities in which it is engaged and our decision-making role, if any, in those activities that significantly determine the entity’s economic performance as compared to other economic interest holders. This evaluation requires consideration of all facts and circumstances relevant to decision-making that affects the entity’s future performance and the exercise of professional judgment in deciding which decision-making rights are most important.

In determining whether we have the right to receive benefits or the obligation to absorb losses that could potentially be significant to the VIE, we evaluate all of our economic interests in the entity, regardless of form (debt, equity, management and servicing fees, and other contractual arrangements). This evaluation considers all relevant factors of the entity’s design, including: the entity’s capital structure, contractual rights to earnings (losses), subordination of our interests relative to those of other investors, contingent payments, as well as other contractual arrangements that have potential to be economically significant. The evaluation of each of these factors in reaching a conclusion about the potential significance of our economic interests is a matter that requires the exercise of professional judgment.

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Consolidated Variable Interest Entities

We consolidate VIEs because we have the power to direct the activities that significantly affect the VIEs economic performance, typically because of our role as either servicer or manager for the VIE. Our consolidated VIEs fall into three main groups, which are further described below:

·   Trinity comprises two consolidated entities that hold investment securities, the majority of which are investment grade, and were funded by the issuance of GICs. The GICs included conditions under which certain holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3 or the short-term credit ratings fall below A-1+/P-1. The outstanding GICs are subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC’s ratings, among other things, and are reported in investment contracts, insurance liabilities and insurance annuity benefits.

·   Consolidated Securitization Entities (CSEs) comprise primarily our previously unconsolidated QSPEs that were consolidated on January 1, 2010 in connection with our adoption of ASU 2009-16 & 17. These entities were created to facilitate securitization of financial assets and other forms of asset-backed financing, which serve as an alternative funding source by providing access to variable funding notes and term markets. The securitization transactions executed with these entities are similar to those used by many financial institutions and substantially all are non-recourse. We provide servicing for substantially all of the assets in these entities.

The financing receivables in these entities have similar risks and characteristics to our other financing receivables and were underwritten to the same standard. Accordingly, the performance of these assets has been similar to our other financing receivables; however, the blended performance of the pools of receivables in these entities reflects the eligibility criteria that we apply to determine which receivables are selected for transfer. Contractually the cash flows from these financing receivables must first be used to pay third-party debt holders as well as other expenses of the entity. Excess cash flows are available to GE. The creditors of these entities have no claim on other assets of GE.

·   Other remaining assets and liabilities of consolidated VIEs relate primarily to three categories of entities: (1) joint ventures that lease light industrial equipment of $1,502 million of assets and $758 million of liabilities; (2) other entities that are involved in power generating and leasing activities of $774 million of assets and no liabilities; and (3) insurance entities that, among other lines of business, provide property and casualty and workers’ compensation coverage for GE of $1,188 million of assets and $571 million of liabilities.

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The table below summarizes the assets and liabilities of consolidated VIEs described above.

			Consolidated Securitization Entities
			Credit						Trade
(In millions)	Trinity(a)		cards		(b)	Equipment		(b)	receivables		Other		Total
September 30, 2013
Assets(c)
Financing
receivables, net	$	-	$	23,895		$	12,934		$	2,299	$	2,023	$	41,151
Investment securities		3,095		-			-			-		1,053		4,148
Other assets		120		22			615			-		2,524		3,281
Total	$	3,215	$	23,917		$	13,549		$	2,299	$	5,600	$	48,580
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	654	$	654
Non-recourse
borrowings		-		15,396			11,068			1,902		50		28,416
Other liabilities		1,531		227			300			21		1,343		3,422
Total	$	1,531	$	15,623		$	11,368		$	1,923	$	2,047	$	32,492
December 31, 2012
Assets(c)
Financing
receivables, net	$	-	$	24,169		$	12,456		$	2,339	$	1,952	$	40,916
Investment securities		3,435		-			-			-		1,051		4,486
Other assets		217		29			360			-		2,428		3,034
Total	$	3,652	$	24,198		$	12,816		$	2,339	$	5,431	$	48,436
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	711	$	711
Non-recourse
borrowings		-		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 $2,015 million and $2,441 million at September 30, 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 September 30, 2013 and December 31, 2012, the amounts of commingled cash owed to the CSEs were $6,351 million and $6,225 million, respectively, and the amounts owed to us by CSEs were $6,261 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.

Total revenues from our consolidated VIEs were $1,950 million and $1,707 million in the three months ended September 30, 2013 and 2012, respectively, and $5,598 million and $5,065 million in the nine months ended September 30, 2013 and 2012, respectively. Related expenses consisted primarily of provisions for losses of $175 million and $414 million in the three months ended September 30, 2013 and 2012, respectively, and $764 million and $784 million in the nine months ended September 30, 2013 and 2012, respectively, and interest and other financial charges of $85 million and $97 million in the three months ended September 30, 2013 and 2012, respectively, and $270 million and $344 million in the nine months ended September 30, 2013 and 2012, respectively. These amounts do not include intercompany revenues and costs, principally fees and interest between GE and the VIEs, which are eliminated in consolidation.

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Investments in Unconsolidated Variable Interest Entities

Our involvement with unconsolidated VIEs consists of the following activities: assisting in the formation and financing of the entity, providing recourse and/or liquidity support, servicing the assets and receiving variable fees for services provided. We are not required to consolidate these entities because the nature of our involvement with the activities of the VIEs does not give us power over decisions that significantly affect their economic performance.

Our largest exposure to any single unconsolidated VIE at September 30, 2013 is an investment in asset-backed securities issued by the Senior Secured Loan Program (“SSLP”), a fund that invests in high quality senior secured debt of various middle-market companies ($6,263 million). Other significant unconsolidated VIEs include investments in real estate entities ($2,282 million), which generally consist of passive limited partnership investments in tax-advantaged, multi-family real estate and investments in various European real estate entities; and exposures to joint ventures that purchase factored receivables ($2,382 million).

The classification of our variable interests in these entities in our financial statements is based on the nature of the entity and the type of investment we hold. Variable interests in partnerships and corporate entities are classified as either equity method or cost method investments. In the ordinary course of business, we also make investments in entities in which we are not the primary beneficiary but may hold a variable interest such as limited partner interests or mezzanine debt investments. These investments are classified in two captions in our financial statements: “All other assets” for investments accounted for under the equity method, and “Financing receivables – net” for debt financing provided to these entities. Our investments in unconsolidated VIEs at September 30, 2013 and December 31, 2012 follow.

			At
(In millions)	September 30, 2013			December 31, 2012
Other assets and investment
securities	$	8,340		$	10,027
Financing receivables – net		2,736			2,654
Total investments		11,076			12,681
Contractual obligations to fund
investments or guarantees		2,742			2,608
Revolving lines of credit		26			41
Total	$	13,844		$	15,330

As previously reported, during 2012, Penske Truck Leasing Co., L.P. (PTL) effected a recapitalization and subsequently acquired third-party financing in order to repay outstanding debt owed to GECC. In the first quarter of 2013, PTL had repaid all outstanding debt owed and terminated its borrowing arrangement with GECC. During the second quarter of 2013, PTL ceased to be a VIE as a result of a principal in PTL retiring from the GE Board. Therefore, our investment in PTL ($855 million at September 30, 2013) is not reported in the September 30, 2013 balance in the table above. As co-issuer and co-guarantor of the $700 million of debt raised by the funding entity related to PTL, GECC reports this amount, which is also our loss exposure and excluded from the table above, as debt of GECC in its financial statements. GECC has been indemnified by the general partner and the other limited partners of PTL for their proportionate share of the debt obligation.

In addition to the entities included in the table above, we also hold passive investments in RMBS, commercial mortgage-backed securities and asset-backed securities issued by VIEs. Such investments were, by design, investment grade at issuance and held by a diverse group of investors. Further information about such investments is provided in Note 3.

19. INTERCOMPANY TRANSACTIONS

Transactions between related companies are made on an arms-length basis, are eliminated and consist primarily of GECC dividends to GE; GE customer receivables sold to GECC; GECC services for trade receivables management and material procurement; buildings and equipment (including automobiles) leased between GE and GECC; information technology (IT) and other services sold to GECC by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GECC from third-party producers for lease to others; and various investments, loans and allocations of GE corporate overhead costs.

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These intercompany transactions are reported in the GE and GECC columns of our financial statements, but are eliminated in deriving our consolidated financial statements. Effects of these eliminations on our consolidated cash flows from operating, investing and financing activities are $(2,426) million, $(1,555) million and $4,075 million for the nine months ended September 30, 2013 and $(5,606) million, $68 million and $5,554 million for the nine months ended September 30, 2012, respectively. Dividends from GECC to GE of $3,947 million and $5,446 million have been eliminated from consolidated cash from operating and financing activities for the nine months ended September 30, 2013 and 2012, respectively. Net decrease (increase) in GE customer receivables sold to GECC of $918 million, $(900) million, and $(18) million have been eliminated from consolidated cash from operating, investing and financing activities for the nine months ended September 30, 2013, respectively. Net decrease (increase) in GE customer receivables sold to GECC of $(59) million, $209 million, and $(150) million have been eliminated from consolidated cash from operating, investing and financing activities for the nine months ended September 30, 2012, respectively. Intercompany borrowings (includes GE investment in GECC short-term borrowings) of $146 million and $258 million have been eliminated from financing activities for the nine months ended September 30, 2013 and 2012, respectively. Other reclassifications and eliminations of $603 million and $(101) million have been eliminated from consolidated cash from operating activities and $(655) million and $(141) million have been eliminated from consolidated cash from investing activities for the nine months ended September 30, 2013 and 2012, respectively.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

A. Results of Operations

General Electric Company’s consolidated financial statements represent the combination of the industrial manufacturing and product services businesses of General Electric Company (GE) and the financial services businesses of General Electric Capital Corporation (GECC or Financial Services).

In the accompanying analysis of financial information, we sometimes use information derived from consolidated financial information but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission (SEC) rules. For such measures, we have provided supplemental explanations and reconciliations in Exhibit 99(a) to this Form 10-Q Report.

Unless otherwise indicated, we refer to captions such as revenues and other income and earnings from continuing operations attributable to the Company simply as “revenues” and “earnings” throughout this Management’s Discussion and Analysis. Similarly, discussion of other matters in our condensed, consolidated financial statements relates to continuing operations unless otherwise indicated. Discussion of GECC’s total assets excludes deferred income tax liabilities, which are presented as assets for purposes of our consolidating balance sheet presentation in this filing.

We supplement our GAAP net earnings and earnings per share (EPS) reporting by also reporting operating earnings and operating EPS (non-GAAP measures). Operating earnings and operating EPS include service costs and plan amendment amortization for our principal pension plans as these costs represent expenses associated with employee benefits earned. Operating earnings and operating EPS exclude non-operating pension cost/income such as interest costs, expected return on plan assets and non-cash amortization of actuarial gains and losses. We believe that this reporting provides better transparency to the employee benefit costs of our principal pension plans and Company operating results.

Overview

Earnings from continuing operations attributable to the Company decreased 5% to $3.273 billion in the three months ended September 30, 2013 compared with $3.450 billion in the same period of 2012. EPS from continuing operations decreased 3% to $0.32 in the three months ended September 30, 2013 compared with $0.33 in the three months ended September 30, 2012. Operating earnings (non-GAAP measure), which excludes non-operating pension costs, decreased 3% to $3.699 billion in the three months ended September 30, 2013 compared with $3.798 billion in the same period of 2012. Operating EPS was flat at $0.36 in the three months ended September 30, 2013 compared with the three months ended September 30, 2012.

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Earnings from continuing operations attributable to the Company of $10.164 billion in the nine months ended September 30, 2013 decreased 2% compared with $10.339 billion in the same period of 2012. EPS from continuing operations remained flat at $0.98 in the nine months ended September 30, 2013. Operating earnings (non-GAAP measure), which excludes non-operating pension costs, increased 1% to $11.443 billion in the nine months ended September 30, 2013 compared with $11.375 billion in the same period of 2012. Operating EPS increased 4% to $1.11 in the nine months ended September 30, 2013 compared with $1.07 in the nine months ended September 30, 2012.

Earnings (loss) from discontinued operations, net of taxes, was $(0.1) billion in the three months ended September 30, 2013 compared with an insignificant amount in the same period of 2012. The three months ended September 30, 2013 included a loss of $0.1 billion related to GE Money Japan. The three months ended September 30, 2012 included a loss of $0.1 billion related to WMC and a $0.1 billion tax benefit related to the 2007 sale of our Plastics business. For additional information related to discontinued operations, see Note 2 to the condensed, consolidated financial statements.

Earnings (loss) from discontinued operations, net of taxes, was $(0.3) billion in the nine months ended September 30, 2013 compared with $(0.7) billion in the same period of 2012. The nine months ended September 30, 2013 included losses of $0.2 billion related to GE Money Japan and $0.1 billion related to WMC. The nine months ended September 30,2012  included losses of $0.4 billion, $0.3 billion and $0.2 billion related to discontinued operations of GE Money Japan, WMC and our Consumer Ireland businesses, respectively. For additional information related to discontinued operations, see Note 2 to the condensed, consolidated financial statements.

Net earnings attributable to the Company decreased 9% to $3.191 billion and EPS decreased 6% to $0.31 in the three months ended September 30, 2013 compared with $3.491 billion and $0.33, respectively, in the same period of 2012.

Net earnings attributable to the Company increased 2% to $9.851 billion and EPS increased 4% to $0.95 in the nine months ended September 30, 2013 compared with $9.630 billion and $0.91, respectively, in the same period of 2012.

Revenues of $35.7 billion in the three months ended September 30, 2013 decreased 1% compared with the same period of 2012. Industrial sales increased 2% to $25.3 billion, reflecting the effects of acquisitions and organic growth. Financial Services revenues decreased 5% over the comparable period of last year to $10.7 billion as a result of organic revenue declines, primarily due to lower GE Capital ending net investment (ENI) and lower gains, partially offset by lower impairments. Other income decreased to $0.4 billion in the three months ended September 30, 2013 from $0.8 billion in the same period of 2012 mainly attributable to the absence of earnings from NBCU LLC in 2013.

Revenues of $105.9 billion in the nine months ended September 30, 2013 decreased 2% compared with the same period of 2012, as decreased organic revenue and the effects of the stronger U.S. dollar offset the effects of acquisitions and dispositions. Industrial sales decreased 2% to $72.2 billion, primarily reflecting a decrease in organic revenue and the effects of the stronger U.S. dollar, partially offset by the effects of acquisitions. Financial Services revenues decreased 2% over the comparable period of last year to $33.2 billion as a result of organic revenue declines, primarily due to lower GE Capital ENI, partially offset by higher gains. Other income increased to $2.1 billion in the nine months ended September 30, 2013 from $1.7 billion in the same period of 2012 as the gain on the disposition of the remaining 49% ownership of NBCU LLC in 2013 was partially offset by a $0.3 billion gain in 2012 related to a joint venture formation.

We integrate acquisitions as quickly as possible. Only revenues and earnings from the date we complete the acquisition through the end of the fourth following quarter are attributed to such businesses. Overall, the effects of acquisitions increased consolidated revenues $0.6 billion and $0.4 billion in the three months ended September 30, 2013 and 2012, respectively. Our consolidated earnings in the three months ended September 30, 2013 and 2012 increased an insignificant amount and $0.1 billion, respectively, from acquired businesses. Dispositions also affected our operations through lower revenues of $1.0 billion and $0.3 billion in the three months ended September 30, 2013 and 2012, respectively. The effects of dispositions on earnings were decreases of $0.6 billion and $0.1 billion in the three months ended September 30, 2013 and 2012, respectively.

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Overall, the effects of acquisitions increased consolidated revenues $0.9 billion and $1.9 billion in the nine months ended September 30, 2013 and 2012, respectively. Our consolidated earnings in the nine months ended September 30, 2013 and 2012 increased an insignificant amount and $0.1 billion, respectively, from acquired businesses. Dispositions also affected our operations through lower revenues of $0.2 billion and $5.1 billion in the nine months ended September 30, 2013 and 2012, respectively. The effects of dispositions on earnings was an increase of $0.2 billion and a decrease of $0.4 billion in the nine months ended September 30, 2013 and 2012, respectively.

We have communicated our goal of reducing GE Capital’s ENI, most recently targeting ENI of $300 billion to $350 billion. GE Capital’s ENI was $385 billion at September 30, 2013. To achieve this goal, GECC is more aggressively focusing its businesses on selective financial services products where GECC has deep domain experience, broad distribution, and the ability to earn a consistent return on capital, while managing its overall balance sheet size and risk. GECC has a strategy of exiting those businesses that are deemed to be non-strategic or that are underperforming. In addition, GECC is planning staged exits of value-maximizing platforms. GECC has completed a number of dispositions of its businesses in the past and will continue to evaluate options going forward.

Segment Operations

Segment profit is determined based on internal performance measures used by the Chief Executive Officer to assess the performance of each business in a given period. In connection with that assessment, the Chief Executive Officer may exclude matters such as charges for restructuring; rationalization and other similar expenses; acquisition costs and other related charges; technology and product development costs; certain gains and losses from acquisitions or dispositions; and litigation settlements or other charges, responsibility for which preceded the current management team.

Segment revenues include both revenues and other income related to the segment. Segment profit excludes results reported as discontinued operations, earnings attributable to noncontrolling interests of consolidated subsidiaries, GECC preferred stock dividends declared and accounting changes. Segment profit excludes or includes interest and other financial charges and income taxes according to how a particular segment’s management is measured – excluded in determining segment profit, which we sometimes refer to as “operating profit,” for Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation and Home & Business Solutions; included in determining segment profit, which we sometimes refer to as “net earnings,” for GE Capital. Certain corporate costs, such as shared services, employee benefits and information technology are allocated to our segments based on usage. A portion of the remaining corporate costs are allocated based on each segment’s relative net cost of operations.

Results of our former equity method investment in NBCUniversal LLC (NBCU LLC), through the date of sale in the first quarter of 2013, are reported in the Corporate items and eliminations line in the Summary of Operating Segments.

We have reclassified certain prior-period amounts to conform to the current-period presentation. In addition to providing information on segments in their entirety, we have also provided supplemental information for certain operations within the segments. Refer to the Summary of Operating Segments in Item 1 of this Form 10-Q for a reconciliation of the total reportable segments’ profit to the consolidated net earnings attributable to the Company.

Power & Water revenues of $6.5 billion in the three months ended September 30, 2013 decreased $0.7 billion, or 10%, on lower volume ($0.7 billion), primarily equipment at Wind and Thermal, partially offset by increased volume at Distributed Power.

Segment profit of $1.3 billion in the three months ended September 30, 2013 increased $0.1 billion, or 9%, on higher productivity ($0.1 billion) and the effects of deflation ($0.1 billion), partially offset by lower volume ($0.1 billion).

Power & Water revenues of $17.0 billion in the nine months ended September 30, 2013 decreased $3.6 billion, or 17%, on lower volume ($3.6 billion), primarily equipment at Wind and Thermal, and the effects of the stronger U.S. dollar ($0.1 billion), partially offset by higher prices ($0.1 billion).

Segment profit of $3.1 billion in the nine months ended September 30, 2013 decreased $0.6 billion, or 16%, on lower volume ($0.6 billion) and lower cost productivity ($0.1 billion), partially offset by the effects of deflation ($0.1 billion) and higher prices ($0.1 billion).

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Oil & Gas revenues of $4.3 billion in the three months ended September 30, 2013 increased $0.7 billion, or 18%, on higher volume ($0.6 billion), primarily equipment at Lufkin Industries Inc. and services at Subsea and Drilling & Surface.

Segment profit of $0.5 billion in the three months ended September 30, 2013 increased $0.1 billion, or 11%, on higher volume ($0.1 billion).

Oil & Gas revenues of $11.7 billion in the nine months ended September 30, 2013 increased $1.0 billion, or 9%, on higher volume ($0.9 billion) and higher prices ($0.1 billion), partially offset by decreased other income ($0.1 billion).

Segment profit of $1.4 billion in the nine months ended September 30, 2013 increased $0.1 billion, or 8%, on higher volume ($0.1 billion) and higher prices ($0.1 billion), partially offset by lower other income ($0.1 billion).

Energy Management revenues of $1.8 billion in the three months ended September 30, 2013 decreased $0.1 billion, or 3%, on lower volume and the effects of the stronger U.S. dollar.

Segment profit decreased in the three months ended September 30, 2013 primarily on lower productivity.

Energy Management revenues of $5.6 billion in the nine months ended September 30, 2013 increased $0.1 billion, or 1%, on higher volume ($0.1 billion), partially offset by the effects of the stronger U.S. dollar ($0.1 billion).

Segment profit decreased 4% in the nine months ended September 30, 2013 primarily on lower productivity.

Aviation revenues of $5.4 billion in the three months ended September 30, 2013 increased $0.6 billion, or 12%, due primarily to higher volume ($0.4 billion) including the effect of acquisitions and higher prices ($0.2 billion). Higher volume and higher prices were driven by increased services revenues and higher equipment shipments.

Segment profit of $1.1 billion in the three months ended September 30, 2013 increased $0.2 billion, or 18%, on higher prices ($0.2 billion) and higher volume ($0.1 billion), partially offset by the effects of inflation ($0.1 billion).

Aviation revenues of $15.7 billion in the nine months ended September 30, 2013 increased $1.2 billion, or 8%, on higher volume ($0.7 billion), higher prices ($0.5 billion) and increased other income ($0.1 billion). Higher volume and higher prices were driven by increased services revenues ($0.5 billion) and equipment ($0.7 billion). The increase in services revenue was primarily due to higher commercial spares sales while the increase in equipment revenue was primarily due to increased military and commercial engine shipments.

Segment profit of $3.1 billion in the nine months ended September 30, 2013 increased $0.4 billion, or 14%, on higher prices ($0.5 billion), higher volume ($0.1 billion) and increased other income ($0.1 billion), partially offset by lower productivity ($0.2 billion) and the effects of inflation ($0.1 billion).

Healthcare revenues of $4.3 billion in the three months ended September 30, 2013 were flat on lower prices ($0.1 billion) offset by higher volume ($0.1 billion).

Segment profit of $0.7 billion in the three months ended September 30, 2013 increased 7% as lower prices ($0.1 billion) were more than offset by higher productivity ($0.1 billion).

Healthcare revenues of $13.1 billion in the nine months ended September 30, 2013 were flat on lower prices ($0.2 billion) and the effects of the stronger U.S. dollar ($0.2 billion), partially offset by higher volume ($0.3 billion).

Segment profit of $2.0 billion in the nine months ended September 30, 2013 increased 5% on higher productivity ($0.4 billion) and higher volume, partially offset by lower prices ($0.2 billion), the effects of inflation ($0.1 billion) and the stronger U.S. dollar ($0.1 billion).

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Transportation revenues of $1.4 billion in the three months ended September 30, 2013 were flat, on higher volume from increased service revenues offset by lower equipment revenues.

Segment profit of $0.3 billion in the three months ended September 30, 2013 increased 15%, on increased productivity and the effects of deflation.

Transportation revenues of $4.4 billion in the nine months ended September 30, 2013 increased $0.2 billion, or 4%, on higher volume ($0.2 billion) from increased service revenues.

Segment profit of $0.9 billion in the nine months ended September 30, 2013 increased $0.1 billion, or 14%, primarily due to the effects of deflation ($0.1 billion).

Home & Business Solutions revenues of $2.1 billion in the three months ended September 30, 2013 increased $0.1 billion, or 7%, on higher volume ($0.1 billion), primarily at Appliances.

Segment profit of $0.1 billion in the three months ended September 30, 2013 increased 28% on higher prices and increased productivity, primarily at Appliances.

Home & Business Solutions revenues of $6.1 billion in the nine months ended September 30, 2013 increased $0.2 billion, or 4%, on higher volume ($0.2 billion) and higher prices ($0.1 billion), primarily at Appliances.

Segment profit of $0.2 billion in the nine months ended September 30, 2013 increased 22% on higher prices ($0.1 billion) and improved productivity, partially offset by the effects of inflation.

GE Capital
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Revenues	$	10,670	$	11,274	$	33,185	$	33,968
Segment profit	$	1,895	$	1,675	$	5,744	$	5,569

	At
		September 30,		December 31,		September 30,
(In millions)	2013		2012		2012
Total assets	$	520,709	$	539,339	$	561,718

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Revenues
Commercial Lending and Leasing (CLL)	$	3,677	$	4,028	$	11,091	$	12,406
Consumer		3,747		3,911		11,353		11,600
Real Estate		689		948		3,218		2,660
Energy Financial Services		438		401		1,084		1,086
GE Capital Aviation Services (GECAS)		1,312		1,249		3,973		3,897
Segment profit
CLL	$	479	$	563	$	1,702	$	1,855
Consumer		889		749		2,240		2,485
Real Estate		464		217		1,589		494
Energy Financial Services		150		132		293		325
GECAS		173		251		825		877

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	At
	September 30,		December 31,		September 30,
(In millions)	2013		2012		2012
Assets
CLL	$	170,310	$	181,375	$	179,465
Consumer		135,541		138,997		135,975
Real Estate		39,947		46,247		55,349
Energy Financial Services		18,135		19,185		19,517
GECAS		47,172		49,420		49,276

GE Capital revenues decreased 5% and net earnings increased 13% in the three months ended September 30, 2013. Revenues for the three months ended September 30, 2013 declined by $0.2 billion as a result of the effects of dispositions. Additionally, revenues decreased as a result of organic revenue declines, primarily due to lower ENI and lower gains, partially offset by lower impairments. Net earnings increased as a result of lower provisions for losses on financing receivables and core increases, partially offset by lower gains and dispositions.

GE Capital revenues decreased 2% and net earnings increased 3% in the nine months ended September 30, 2013. Revenues for the nine months ended September 30, 2013 included $0.1 billion from acquisitions and declined by $0.2 billion as a result of the effects of dispositions. Additionally, revenues decreased as a result of organic revenue declines, primarily due to lower ENI, partially offset by higher gains. Net earnings increased as a result of higher gains, core increases and dispositions, partially offset by higher impairments and higher provisions for losses on financing receivables.

Additional information about certain GE Capital businesses follows.

CLL revenues decreased 9% and net earnings decreased 15% in the three months ended September 30, 2013. Revenues for three months ended September 30, 2013 were reduced by $0.1 billion from dispositions.  Revenues decreased as a result of organic revenue declines ($0.3 billion), primarily due to lower ENI ($0.2 billion). Net earnings decreased reflecting higher impairments ($0.1 billion).

CLL revenues decreased 11% and net earnings decreased 8% in the nine months ended September 30, 2013. Revenues decreased as a result of organic revenue declines ($0.8 billion), primarily due to lower ENI ($0.6 billion), and higher impairments ($0.4 billion). Net earnings decreased reflecting higher impairments ($0.4 billion), partially offset by dispositions ($0.1 billion) and core increases ($0.1 billion).

Consumer revenues decreased 4% and net earnings increased 19% in the three months ended September 30, 2013. Revenues decreased as a result of organic revenue declines ($0.2 billion). The increase in net earnings resulted primarily from lower provisions for losses on financing receivables ($0.2 billion).

Consumer revenues decreased 2% and net earnings decreased 10% in the nine months ended September 30, 2013. Revenues for nine months ended September 30, 2013 included $0.1 billion from acquisitions. Revenues decreased as a result of organic revenue declines ($0.3 billion). The decrease in net earnings resulted primarily from higher provisions for losses on financing receivables ($0.4 billion) reflecting the use of a more granular portfolio segmentation approach, by loss type, in determining the incurred loss period and projected net write-offs over the next twelve months in our installment and revolving credit portfolios. This decrease was partially offset by core increases ($0.1 billion).

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Real Estate revenues decreased 27% and net earnings were favorable in the three months ended September 30, 2013. Revenues decreased as a result of organic revenue declines ($0.2 billion), primarily due to lower ENI ($0.2 billion). Real Estate net earnings increased as a result of core increases ($0.3 billion) including higher tax benefits ($0.2 billion). Depreciation expense on real estate equity investments totaled $0.1 billion and $0.2 billion in the three months ended September 30, 2013 and 2012, respectively.

Real Estate revenues increased 21% and net earnings were favorable in the nine months ended September 30, 2013. Revenues increased as a result of increases in net gains on property sales ($1.2 billion) mainly due to the sale of real estate comprising certain floors located at 30 Rockefeller Center, New York, partially offset by organic revenue declines ($0.5 billion), primarily due to lower ENI ($0.5 billion). Real Estate net earnings increased as a result of core increases ($1.1 billion) including increases in net gains on property sales ($0.7 billion) and higher tax benefits ($0.3 billion). Depreciation expense on real estate equity investments totaled $0.4 billion and $0.6 billion in the nine months ended September 30, 2013 and 2012, respectively.

Energy Financial Services revenues increased 9% and net earnings increased 14% in the three months ended September 30, 2013.Revenues increased primarily as a result of organic revenue growth ($0.1 billion). The increase in net earnings resulted primarily from core increases ($0.1 billion), partially offset by dispositions.

Energy Financial Services revenues were flat and net earnings decreased 10% in the nine months ended September 30, 2013. Revenues were flat primarily as a result of lower gains ($0.1 billion) and higher impairments ($0.1 billion), partially offset by organic revenue growth ($0.1 billion) and dispositions. The decrease in net earnings resulted primarily from lower gains ($0.1 billion) and higher impairments, partially offset by core increases ($0.1 billion).

GECAS revenues increased 5% and net earnings decreased 31% in the three months ended September 30, 2013. Revenues increased as a result of lower finance lease impairments ($0.1 billion) and higher gains, partially offset by organic revenue declines. The decrease in net earnings resulted primarily from core decreases ($0.1 billion) and higher ELTO impairments related to our operating lease portfolio of commercial aircraft, partially offset by higher gains.

GECAS revenues increased 2% and net earnings decreased 6% in the nine months ended September 30, 2013. Revenues increased as a result of organic revenue growth ($0.1 billion), lower finance lease impairments and higher gains. The decrease in net earnings resulted primarily from higher ELTO impairments ($0.1 billion) related to our operating lease portfolio of commercial aircraft, partially offset by core increases and higher gains.

Corporate Items and Eliminations
	Three months ended September 30,				Nine months ended September 30,
(In millions)		2013		2012		2013		2012
Revenues
NBCU/NBCU LLC	$	31	$	818	$	1,402	$	1,247
Gains (losses) on disposed or held for sale businesses		-		(178)		-		96
Eliminations and other		(789)		(832)		(2,384)		(2,175)
Total	$	(758)	$	(192)	$	(982)	$	(832)
Operating Profit (Cost)
NBCU/NBCU LLC	$	31	$	818	$	1,402	$	1,247
Gains (losses) on disposed or held for sale businesses		-		(178)		-		96
Principal retirement plans(a)		(811)		(770)		(2,409)		(2,381)
Unallocated corporate and other costs		(1,125)		(888)		(3,260)		(2,512)
Total	$	(1,905)	$	(1,018)	$	(4,267)	$	(3,550)

(a)   Included non-operating (non-GAAP) pension income (cost) of $(0.7) billion and $(0.5) billion in the three months ended September 30, 2013 and 2012, respectively, and $(2.0) billion and $(1.6) billion in the nine months ended September 30, 2013 and 2012, respectively, which includes expected return on plan assets, interest costs and non-cash amortization of actuarial gains and losses. See Exhibit 99(a) of this Form 10-Q Report.

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Revenues in the three months ended September 30, 2013 decreased $0.6 billion as a result of $0.8 billion of lower NBCU/NBCU LLC related revenues (primarily due to the sale of our remaining 49% common equity interest in NBCU LLC in the first quarter of 2013), partially offset by the effect  of a $0.2 billion loss in 2012 related to the sale of a plant in the U.K. Operating cost increased $0.9 billion as a result of $0.8 billion of lower NBCU/NBCU LLC related earnings, partially offset by the effect of a $0.2 billion loss in 2012 related to the sale of a plant in the U.K. Restructuring and other charges increased $0.2 billion, primarily due to Avio acquisition-related charges of $0.2 billion (of which $0.1 billion related to the effective settlement of Avio’s pre-existing contractual relationships with GE).

Revenues in the nine months ended September 30, 2013 decreased $0.2 billion as a result of a $0.3 billion gain in 2012 related to the formation of a joint venture at Aviation, $0.2 billion of higher inter-segment eliminations and $0.1 billion of pre-tax losses related to the impairment of an investment in a Brazilian company. These items were partially offset by $0.2 billion of higher NBCU/NBCU LLC related revenues (primarily due to the pre-tax gain on the sale of our remaining 49% common equity interest in NBCU LLC in the first quarter of 2013) and the effect of a $0.2 billion loss in 2012 related to the sale of a plant in the U.K. Operating cost increased $0.7 billion as a result of $0.7 billion of higher restructuring and other charges including Avio acquisition-related charges of $0.2 billion (of which $0.1 billion related to the effective settlement of Avio’s pre-existing contractual relationships with GE), the effect of a $0.3 billion gain in 2012 related to the  formation of a joint venture at Aviation, $0.1 billion of pre-tax losses related to the impairment of an investment in a Brazilian company and $0.1 billion of GECC preferred dividends. These items were partially offset by $0.2 billion of higher NBCU/NBCU LLC related earnings and the effect of a $0.2 billion loss in 2012 related to the sale of a plant in the U.K.

Certain amounts included in corporate items and eliminations cost are not allocated to GE operating segments because they are excluded from the measurement of their operating performance for internal purposes. These costs include certain restructuring and other charges, technology and product development costs and acquisition-related costs.

For the three months ended September 30, 2013, these amounts totaled $0.6 billion, including $0.2 billion of costs at Aviation and $0.1 billion of costs at each of Power & Water, Healthcare and Oil & Gas. For the three months ended September 30, 2012, these amounts totaled $0.4 billion, including $0.1 billion of costs at each of Healthcare, Aviation and Power & Water.

For the nine months ended September 30, 2013, these amounts totaled $1.6 billion, including $0.5 billion of costs at Aviation, $0.4 billion of costs at Healthcare, $0.3 billion of costs at Power & Water, $0.2 billion of costs at Oil & Gas and $0.1 billion at each of Energy Management, Home & Business Solutions and Transportation. For the nine months ended September 30, 2012, these amounts totaled $1.1 billion, including $0.4 billion of costs at Healthcare, $0.2 billion of costs at each of Aviation and Power & Water and $0.1 billion at each of Home & Business Solutions, Energy Management, Oil & Gas and Transportation. In addition, for the nine months ended September 30, 2012, corporate items and eliminations also included a $0.3 billion gain related to a joint venture formation at Aviation.

Income Taxes

The consolidated provision for income taxes was an expense of $0.3 billion in the three months ended September 30, 2013 (an effective tax rate of 9.6%), compared with $0.6 billion for the same period of 2012 (an effective tax rate of 13.8%). The decrease in consolidated tax expense is primarily attributable to increased benefits from low-taxed global operations.

The consolidated provision for income taxes was an expense of $1.2 billion in the nine months ended September 30, 2013 (an effective tax rate of 10.1%), compared with $1.7 billion for the same period of 2012 (an effective tax rate of 14.1%). The decrease in consolidated tax expense is primarily attributable to increased benefits from low-taxed global operations including the first quarter tax benefits related to the extension of the U.S. tax provision deferring tax on active financial services income partially offset by the absence of the 2012 benefit attributed to the high tax basis in the entity sold in the Business Property disposition. The consolidated tax expense also decreased for the nine months ending September 30, 2013 due to the extension of U.S. business credits. The consolidated tax expense for both the nine months ended September 30, 2013 and 2012 also reflects favorable resolution of audit matters.

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On January 2, 2013, the American Taxpayer Relief Act of 2012 was enacted and the law extended several provisions, including a two year extension of the U.S. tax provision deferring tax on active financial services income and certain U.S. business credits, retroactive to January 1, 2012. Under accounting rules, a tax law change is taken into account in calculating the income tax provision in the period enacted. Because the extension was enacted into law in 2013, tax expense in the first quarter of 2013 reflected retroactive extension of the previously expired provisions.

Our effective income tax rate is lower than the U.S. statutory rate primarily because of benefits from lower-taxed global operations, including the use of global funding structures. There is a benefit from global operations as non-U.S. income is subject to local country tax rates that are significantly below the 35% U.S. statutory rate. These non-U.S. earnings have been indefinitely reinvested outside the U.S. and are not subject to current U.S. income tax. The rate of tax on our indefinitely reinvested non-U.S. earnings is below the 35% U.S. statutory rate largely because GECC funds the majority of its non-U.S. operations through foreign companies that are subject to low foreign taxes and because we have significant business operations subject to tax in countries where the tax on that income is lower than the U.S. statutory rate. The most significant portion of these benefits at GECC depends on the provision of U.S. law deferring the tax on active financial services income, which, as discussed below, is subject to expiration. A substantial portion of the remaining benefit at GECC related to business operations subject to tax in countries where the tax on that income is lower than the U.S. statutory rate is derived from our GECAS aircraft leasing operations located in Ireland.

We expect our ability to benefit from non-U.S. income taxed at less than the U.S. rate to continue subject to changes of U.S. or foreign law, including the expiration of the U.S. tax law provision deferring tax on active financial services income, as discussed in Note 14 in our 2012 consolidated financial statements. If this provision is not extended, our tax rate will increase significantly after 2014. In addition, since this benefit depends on management’s intention to indefinitely reinvest amounts outside the U.S., our tax provision will increase to the extent we no longer intend to indefinitely reinvest foreign earnings.

Discontinued Operations
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Earnings (loss) from discontinued operations,
net of taxes	$	(82)	$	41	$	(313)	$	(709)

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Discontinued operations primarily comprised GE Money Japan (our Japanese personal loan business, Lake, and our Japanese mortgage and card businesses, excluding our investment in GE Nissen Credit Co., Ltd.), our U.S. mortgage business (WMC), our Consumer mortgage lending business in Ireland (Consumer Ireland) and our CLL trailer services business in Europe (CLL Trailer Services). Results of these businesses are reported as discontinued operations for all periods presented.

Loss from discontinued operations, net of taxes, in the three months ended September 30, 2013 primarily reflected a $0.1 billion after-tax effect of incremental reserves for excess interest claims related to our loss-sharing arrangement on the 2008 sale of GE Money Japan.

Earnings from discontinued operations, net of taxes, in the three months ended September 30, 2012 primarily reflected $0.1 billion tax benefit related to the resolution with the Internal Revenue Services (IRS) regarding the tax treatment of the 2007 sale of the Plastics business, offset by a $0.1 billion after-tax effect of incremental reserves related to retained representation and warranty obligations to repurchase previously sold loans on the 2007 sale of WMC.

Loss from discontinued operations, net of taxes, in the nine months ended September 30, 2013 primarily reflected a $0.2 billion after-tax effect of incremental reserves for excess interest claims related to our loss-sharing arrangement on the 2008 sale of GE Money Japan, and a $0.1 billion after-tax effect of incremental reserves related to retained representation and warranty obligations to repurchase previously sold loans on the 2007 sale of WMC.

Loss from discontinued operations, net of taxes, in the nine months ended September 30, 2012 primarily reflected a $0.4 billion after-tax effect of incremental reserves for excess interest claims related to our loss-sharing arrangement on the 2008 sale of GE Money Japan, a $0.3 billion after-tax effect of incremental reserves related to retained representation and warranty obligations to repurchase previously sold loans on the 2007 sale of WMC, and a $0.2 billion loss (which includes a $0.1 billion loss on disposal) related to Consumer Ireland, partially offset by a $0.1 billion tax benefit related to the resolution with the IRS regarding the tax treatment of the 2007 sale of our Plastics business.

For additional information related to discontinued operations, see Note 2 to the condensed, consolidated financial statements.

B. Statement of Financial Position

Overview of Financial Position

Major changes in our financial position for the nine months ended September 30, 2013 resulted from the following:

·   At GECC, repayments exceeded new issuances of total borrowings by $19.0 billion and collections (which includes sales) on financing receivables exceeded originations by $8.5 billion.

·   The U.S. dollar was stronger for most major currencies at September 30, 2013 than at December 31, 2012, decreasing the translated levels of our non-U.S. dollar assets and liabilities.

·   GE working capital balances increased $6.0 billion in order to support equipment sales and as a result of the third quarter acquisitions of the aerospace-parts business of Avio S.p.A. (Avio) and Lufkin Industries, Inc. (Lufkin).

Consolidated assets were $661.4 billion at September 30, 2013, a decrease of $24.0 billion from December 31, 2012. GE assets decreased $4.1 billion and Financial Services assets decreased $18.6 billion.

GE assets were $232.3 billion at September 30, 2013, a $4.1 billion decrease from December 31, 2012, and reflected a decrease in other assets of $16.4 billion and increases in deferred income taxes of $3.7 billion primarily due to the sale of our equity interest in NBCU LLC. Additionally, cash and equivalents decreased by $5.3 billion. These decreases were partially offset by: increases in goodwill ($5.2 billion) and intangible assets ($2.4 billion), primarily due to the third quarter acquisitions of Avio and Lufkin; working capital increases due to inventories of $2.6 billion and current receivables of $1.5 billion; and an increase in investment in GECC of $1.2 billion.

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Financial Services assets were $520.7 billion at September 30, 2013, an $18.6 billion decrease from December 31, 2012, and primarily reflected a reduction of net financing receivables of $14.7 billion and decreases in other assets of $12.1 billion and investment securities of $4.6 billion, partially offset by an increase in cash and equivalents of $14.4 billion.

Consolidated liabilities were $532.4 billion at September 30, 2013, a $24.5 billion decrease from December 31, 2012. GE liabilities decreased $3.9 billion and Financial Services liabilities decreased $20.7 billion.

GE liabilities were $108.8 billion at September 30, 2013, a $3.9 billion decrease from December 31, 2012, and reflected a decrease in short-term borrowings of $4.9 billion primarily due to the first quarter repayment of GE senior unsecured notes and a decrease in other liabilities of $0.7 billion. These decreases were partially offset by working capital increases due to progress collections of $1.3 billion and accounts payable of $0.6 billion. The ratio of borrowings to total capital invested for GE at September 30, 2013 was 9.3% compared with 12.4% at December 31, 2012 and 8.9% at September 30, 2012.

Financial Services liabilities were $436.1 billion at September 30, 2013, a $20.7 billion decrease from December 31, 2012, and primarily reflected a $25.5 billion net reduction in borrowings, primarily in short-term borrowings and commercial paper, which is consistent with our overall reduction in assets, partially offset by higher deposits at our banks of $4.3 billion. Deposits increased primarily due to the first quarter acquisition of the deposit business of MetLife Bank, N.A., partially offset by a reduction in deposits at our other banks.

Cash Flows

Consolidated cash and equivalents were $86.5 billion at September 30, 2013, an increase of $9.1 billion during the nine months ended September 30, 2013. Consolidated cash and equivalents totaled $85.5 billion at September 30, 2012, an increase of $1.0 billion during the nine months ended September 30, 2012.

We evaluate our cash flow performance by reviewing our industrial (non-financial services) businesses and financial services businesses separately. Cash from operating activities (CFOA) is the principal source of cash generation for our industrial businesses. The industrial businesses also have liquidity available via the public capital markets. Our financial services businesses use a variety of financial resources to meet our capital needs. Cash for financial services businesses is primarily provided from the issuance of term debt and commercial paper in the public and private markets, time deposits, as well as financing receivables, collections, sales and securitizations.

GE Cash Flow

GE cash and equivalents were $10.2 billion at September 30, 2013, compared with $8.4 billion at September 30, 2012. GE CFOA totaled $7.8 billion for the nine months ended September 30, 2013, compared with $10.7 billion for the nine months ended September 30, 2012.  With respect to GE CFOA, we believe that it is useful to supplement our GE Condensed Statement of Cash Flows and to examine in a broader context the business activities that provide and require cash.

	Nine months ended September 30,
(In billions)	2013		2012
Operating cash collections(a)	$	72.9	$	73.8
Operating cash payments		(69.0)		(68.5)
Cash dividends from GECC		3.9		5.4
GE cash from operating activities (GE CFOA)(a)	$	7.8	$	10.7

(a)   GE sells customer receivables to GECC in part to fund the growth of our industrial businesses. These transactions can result in cash generation or cash use. During any given period, GE receives cash from the sale of receivables to GECC. It also foregoes collection of cash on receivables sold. The incremental amount of cash received from sale of receivables in excess of the cash GE would have otherwise collected had those receivables not been sold, represents the cash generated or used in the period relating to this activity. The incremental cash generated in GE CFOA from selling these receivables to GECC decreased GE CFOA by $0.8 billion in the nine months ended September 30, 2013 and decreased GE CFOA by $0.1 billion in the nine months ended September 30, 2012. See Note 19 to the condensed, consolidated financial statements for additional information about the elimination of intercompany transactions between GE and GECC.

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The most significant source of cash in GE CFOA is customer-related activities, the largest of which is collecting cash following a product or services sale. GE operating cash collections decreased by $0.9 billion during the nine months ended September 30, 2013. This decrease is primarily due to comparable changes in total sales and increases in current receivables, partially offset by net increases in cash received from progress collections.

The most significant operating use of cash is to pay our suppliers, employees, tax authorities and others for a wide range of material and services. GE operating cash payments increased by $0.5 billion for the nine months ended September 30, 2013. This increase was primarily due to NBCU LLC deal-related tax payments (see more transaction details below) and payouts under our long-term incentive plan, partially offset by a decrease in total costs and expenses and non-recurrence of principal pension plan funding in 2012.

GE CFOA also decreased compared with the nine months ended September 30, 2012, as a result of the reduction in the current period GECC dividend to GE of $1.5 billion.

Cash from investing activities was $5.3 billion during the nine months ended September 30, 2013, which reflected the March 19, 2013 sale of our remaining 49% common equity interest in NBCU LLC to Comcast for total consideration of $16.7 billion, consisting of $12.0 billion in cash, $4.0 billion in Comcast guaranteed debt and $0.7 billion in preferred stock. During the three months ended March 31, 2013, but subsequent to the closing of the transaction, both the debt and preferred stock were sold at approximately par value. These NBCU LLC-related proceeds were partially offset by the August 1, 2013 acquisition of Avio for $4.4 billion and the July 1, 2013 acquisition of Lufkin for $3.3 billion.

Cash used for financing activities for the nine months ended September 30, 2013 of $18.4 billion related primarily to our repurchase of $8.0 billion of GE shares for treasury in accordance with our share repurchase program, $5.9 billion of dividends paid to shareowners and our February 1, 2013 repayment of $5.0 billion of GE senior unsecured notes.

GECC Cash Flow

GECC cash and equivalents were $76.3 billion at September 30, 2013, compared with $77.7 billion at September 30, 2012. GECC cash from operating activities totaled $11.9 billion for the nine months ended September 30, 2013, compared with cash from operating activities of $14.9 billion for the nine months ended September 30, 2012.

Cash from investing activities was $28.2 billion during the nine months ended September 30, 2013, consistent with our plan to reduce GECC asset levels. Cash from investing activities for the period related primarily to collections (which includes sales) exceeding originations of financing receivables of $8.5 billion; the acquisition of MetLife Bank, N.A. resulting in net cash provided by the acquisition of $6.4 billion; and principal business dispositions of $0.8 billion, including the disposition of our CLL fleet business in Canada of $0.6 billion. Additionally, included within all other investing activities were proceeds from real estate property sales of $7.7 billion, net loan repayments from our equity method investments of $2.1 billion and net maturities of investment securities of $2.0 billion.

Cash used for financing activities for the nine months ended September 30, 2013 of $24.7 billion related primarily to a $19.0 billion reduction in total borrowings, consisting primarily of reductions in short-term borrowings and commercial paper, and a $2.2 billion reduction in deposits at our banks. These uses of cash were partially offset by $1.0 billion of proceeds from the issuance of preferred stock.

Cash used for financing activities also includes dividends to GE, which represent the distribution of a portion of GECC retained earnings. Beginning in the second quarter of 2012, GECC restarted its dividend to GE. In the nine months ended September 30, 2013, GECC paid GE dividends of $0.9 billion and special dividends of $3.0 billion.

Intercompany Eliminations

Effects of transactions between related companies are made on an arms-length basis, are eliminated and consist primarily of GECC dividends to GE; GE customer receivables sold to GECC; GECC services for trade receivables management and material procurement; buildings and equipment (including automobiles) leased between GE and GECC; information technology (IT) and other services sold to GECC by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GECC from third-party producers for lease to others; and various investments, loans and allocations of GE corporate overhead costs. See Note 19 to the condensed, consolidated financial statements for further information related to intercompany eliminations.

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Fair Value Measurements

See Note 1 in our 2012 consolidated financial statements for disclosures related to our methodology for fair value measurements. Additional information about fair value measurements is provided in Note 15 to the condensed, consolidated financial statements.

At September 30, 2013, the aggregate amount of assets that are measured at fair value through earnings totaled $5.6 billion and consisted primarily of various assets held for sale in the ordinary course of business, as well as equity investments.

C. Financial Services Portfolio Quality

Investment securities comprise mainly investment grade debt securities supporting obligations to annuitants, policyholders and holders of guaranteed investment contracts (GICs) in our run-off insurance operations and Trinity, and investments held in our CLL business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries. The fair value of investment securities decreased to $43.9 billion at September 30, 2013 from $48.5 billion at December 31, 2012, primarily due to the sale of U.S. government and federal agency securities at our treasury operations and the impact of higher interest rates. Of the amount at September 30, 2013, we held debt securities with an estimated fair value of $43.4 billion, which included corporate debt securities, asset-backed securities (ABS), residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) with estimated fair values of $24.3 billion, $6.5 billion, $2.0 billion and $3.0 billion, respectively. Net unrealized gains on debt securities were $2.6 billion and $4.8 billion at September 30, 2013 and December 31, 2012, respectively. This amount included unrealized losses on corporate debt securities, ABS, RMBS and CMBS of $0.3 billion, $0.1 billion, $0.1 billion and $0.1 billion, respectively, at September 30, 2013, as compared with $0.4 billion, $0.1 billion, $0.1 billion and $0.1 billion, respectively, at December 31, 2012.

We regularly review investment securities for impairment using both qualitative and quantitative criteria. For debt securities, our qualitative review considers our intent to sell the security and the financial health of and specific prospects for the issuer, including whether the issuer is in compliance with the terms and covenants of the security. Our quantitative review considers whether there has been an adverse change in expected future cash flows. Unrealized losses are not indicative of the amount of credit loss that would be recognized.  We presently do not intend to sell the vast majority of our debt securities that are in an unrealized loss position and believe that it is not more likely than not that we will be required to sell the vast majority of these securities before recovery of our amortized cost. For equity securities, we consider the length of time and magnitude of the amount that each security is in an unrealized loss position.We believe that the unrealized loss associated with our equity securities will be recovered within the foreseeable future. Uncertainty in the capital markets may cause increased levels of other-than-temporary impairments.

Our RMBS portfolio is collateralized primarily by pools of individual, direct mortgage loans (a majority of which were originated in 2006 and 2005), not other structured products such as collateralized debt obligations. Substantially all of our RMBS are in a senior position in the capital structure of the deals and more than 70% are agency bonds or insured by Monoline insurers (Monolines) (on which we continue to place reliance). Of our total RMBS portfolio at September 30, 2013 and December 31, 2012, approximately $0.4 billion and $0.5 billion, respectively, relates to residential subprime credit, primarily supporting our guaranteed investment contracts. A majority of this exposure is related to investment securities backed by mortgage loans originated in 2006 and 2005. Substantially all of the subprime RMBS were investment grade at the time of purchase and approximately 70% have been subsequently downgraded to below investment grade.

Our CMBS portfolio is collateralized by both diversified pools of mortgages that were originated for securitization (conduit CMBS) and pools of large loans backed by high quality properties (large loan CMBS), a majority of which were originated in 2007 and 2006. The vast majority of the securities in our CMBS portfolio have investment grade credit ratings and the vast majority of the securities are in a senior position in the capital structure of the deals.

Our ABS portfolio is collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries, as well as a variety of diversified pools of assets such as student loans and credit cards. The vast majority of the securities in our ABS portfolio are in a senior position in the capital structure of the deals.

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If there has been an adverse change in cash flows for RMBS, management considers credit enhancements such as Monoline insurance (which are features of a specific security). In evaluating the overall creditworthiness of the Monoline, we use an analysis that is similar to the approach we use for corporate bonds, including an evaluation of the sufficiency of the Monoline’s cash reserves and capital, ratings activity, whether the Monoline is in default or default appears imminent, and the potential for intervention by an insurance or other regulator.

Monolines provide credit enhancement for certain of our investment securities, primarily RMBS and municipal securities. The credit enhancement is a feature of each specific security that guarantees the payment of all contractual cash flows, and is not purchased separately by GE. The Monoline industry continues to experience financial stress from increasing delinquencies and defaults on the individual loans underlying insured securities. We continue to rely on Monolines with adequate capital and claims paying resources. We have reduced our reliance on Monolines that do not have adequate capital or have experienced regulator intervention. At September 30, 2013, our investment securities insured by Monolines on which we continue to place reliance were $1.1 billion, including $0.3 billion investment in subprime RMBS. At September 30, 2013, the unrealized loss associated with securities subject to Monoline credit enhancement, for which there is an expected credit loss, was $0.1 billion.

Total pre-tax, other-than-temporary impairment losses during the three months ended September 30, 2013 were $0.1 billion, which was recognized in earnings and primarily relates to credit losses on corporate debt securities and other-than-temporary losses on equity securities.

Total pre-tax, other-than-temporary impairment losses during the three months ended September 30, 2012 were an insignificant amount, which was recognized in earnings and primarily relates to credit losses on non-U.S. corporate securities CMBS and RMBS.

Total pre-tax, other-than-temporary impairment losses during the nine months ended September 30, 2013 were $0.5 billion, which was recognized in earnings and primarily relates to credit losses on corporate debt securities and other-than-temporary losses on equity securities.

Total pre-tax, other-than-temporary impairment losses during the nine months ended September 30, 2012 were $0.1 billion, which was recognized in earnings and primarily relates to credit losses on non-U.S. corporate securities and other-than-temporary losses on equity securities.

At both September 30, 2013 and December 31, 2012, unrealized losses on investment securities totaled $0.8 billion, of which $0.4 billion and $0.8 billion, respectively, was aged 12 months or longer. Of the amount aged 12 months or longer at September 30, 2013, approximately 70% are debt securities that were considered to be investment grade by the major rating agencies. In addition, of the amount aged 12 months or longer, $0.2 billion related to both structured securities (mortgage-backed and asset-backed) and corporate debt securities. With respect to our investment securities that are in an unrealized loss position, aged 12 months or longer at September 30, 2013, the majority relate to debt securities held to support obligations to holders of GICs. We presently do not intend to sell the vast majority of our debt securities that are in an unrealized loss position and believe that it is not more likely than not that we will be required to sell these securities before recovery of our amortized cost. For additional information, see Note 3 to the condensed, consolidated financial statements.

Financing receivables is our largest category of assets and represents one of our primary sources of revenues. Our portfolio of financing receivables is diverse and not directly comparable to major U.S. banks. A discussion of the quality of certain elements of the finance receivables portfolio follows.

Our consumer portfolio is composed primarily of non-U.S. mortgage, sales finance, auto and personal loans in various European and Asian countries and U.S. consumer credit card and sales finance receivables. In 2007, we exited the U.S. mortgage business and we have no U.S. auto or student loans.

Our commercial portfolio primarily comprises senior, secured positions with comparatively low loss history. The secured receivables in this portfolio are collateralized by a variety of asset classes, which for our CLL business primarily include: industrial-related facilities and equipment, vehicles, corporate aircraft, and equipment used in many industries, including the construction, manufacturing, transportation, media, communications, entertainment, and healthcare industries. The portfolios in our Real Estate, GECAS and Energy Financial Services businesses are collateralized by commercial real estate, commercial aircraft and operating assets in the global energy and water industries, respectively. We are in a secured position for substantially all of our commercial portfolio.

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Losses on financing receivables are recognized when they are incurred, which requires us to make our best estimate of probable losses inherent in the portfolio. The method for calculating the best estimate of losses depends on the size, type and risk characteristics of the related financing receivable. Such an estimate requires consideration of historical loss experience, adjusted for current conditions, and judgments about the probable effects of relevant observable data, including present economic conditions such as delinquency rates, financial health of specific customers and market sectors, collateral values (including housing price indices as applicable), and the present and expected future levels of interest rates. The underlying assumptions, estimates and assessments we use to provide for losses are updated periodically to reflect our view of current conditions and are subject to the regulatory examinations process, which can result in changes to our assumptions. Changes in such estimates can significantly affect the allowance and provision for losses. It is possible to experience credit losses that are different from our current estimates.

Our risk management process includes standards and policies for reviewing major risk exposures and concentrations, and evaluates relevant data either for individual loans or financing leases, or on a portfolio basis, as appropriate.

Loans acquired in a business acquisition are recorded at fair value, which incorporates our estimate at the acquisition date of the credit losses over the remaining life of the portfolio. As a result, the allowance for losses is not carried over at acquisition. This may have the effect of causing lower reserve coverage ratios for those portfolios.

For purposes of the discussion that follows, “delinquent” receivables are those that are 30 days or more past due based on their contractual terms; and “nonearning” receivables are those that are 90 days or more past due (or for which collection is otherwise doubtful). Nonearning receivables exclude loans purchased at a discount (unless they have deteriorated post acquisition). These loans are initially recorded at fair value and accrete interest income over the estimated life of the loan based on reasonably estimable cash flows even if the underlying loans are contractually delinquent at acquisition. In addition, nonearning receivables exclude loans that are paying on a cash accounting basis but classified as nonaccrual and impaired. “Nonaccrual” financing receivables include all nonearning receivables and are those on which we have stopped accruing interest. We stop accruing interest at the earlier of the time at which collection of an account becomes doubtful or the account becomes 90 days past due. Recently restructured financing receivables are not considered delinquent when payments are brought current according to the restructured terms, but may remain classified as nonaccrual until there has been a period of satisfactory payment performance by the borrower and future payments are reasonably assured of collection.

Further information on the determination of the allowance for losses on financing receivables and the credit quality and categorization of our financing receivables is provided in Notes 5 and 17.  

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	Financing receivables				Nonearning receivables				Allowance for losses
	September 30,		December 31,		September 30,		December 31,		September 30,		December 31,
(In millions)	2013		2012		2013		2012		2013		2012
Commercial
CLL
Americas	$	69,240	$	72,517	$	1,182	$	1,333	$	470	$	490
Europe(a)		35,529		37,037		916		1,299		342		445
Asia		9,573		11,401		226		193		75		80
Other(a)		468		603		-		52		-		6
Total CLL		114,810		121,558		2,324		2,877		887		1,021
Energy
Financial
Services		4,367		4,851		4		-		11		9
GECAS		9,642		10,915		-		-		10		8
Other		393		486		-		13		2		3
Total Commercial		129,212		137,810		2,328		2,890		910		1,041
Real Estate		18,966		20,946		357		444		170		320
Consumer
Non-U.S.
residential
mortgages(b)		31,142		33,451		2,258		2,569		439		480
Non-U.S.
installment
and revolving
credit		17,305		18,546		205		224		662		623
U.S. installment
and revolving
credit		51,799		50,853		936		1,026		2,721		2,282
Non-U.S. auto		3,524		4,260		20		24		67		67
Other		7,427		8,070		341		351		183		172
Total Consumer		111,197		115,180		3,760		4,194		4,072		3,624
Total	$	259,375	$	273,936	$	6,445	$	7,528	$	5,152	$	4,985

(a) During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

(b) Included financing receivables of $11,499 million and $12,221 million, nonearning receivables of $913 million and $1,036 million and allowance for losses of $140 million and $142 million at September 30, 2013 and December 31, 2012, respectively, primarily related to loans, net of credit insurance, whose terms permitted interest-only payments and high loan-to-value ratios at inception (greater than 90%). At origination, we underwrite loans with an adjustable rate to the reset value. Of these loans, about 85% are in our U.K. and France portfolios, have a delinquency rate of 14%, have a loan-to-value ratio at origination of 82% and have re-indexed loan-to-value ratios of 86% and 65%, respectively. At September 30, 2013, 11% (based on dollar values) of these loans in our U.K. and France portfolios have been restructured.

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The portfolio of financing receivables, before allowance for losses, was $259.4 billion at September 30, 2013, and $273.9 billion at December 31, 2012. Financing receivables, before allowance for losses, decreased $14.6 billion from December 31, 2012, primarily as a result of collections (which includes sales) exceeding originations ($8.5 billion), write-offs ($4.2 billion) and the stronger U.S. dollar ($3.1 billion).

Related nonearning receivables totaled $6.4 billion (2.5% of outstanding receivables) at September 30, 2013, compared with $7.5 billion (2.7% of outstanding receivables) at December 31, 2012. Nonearning receivables decreased from December 31, 2012, primarily due to write-offs and payoffs at CLL and improved entry rates and collections in our Non-U.S. residential mortgage and U.S. installment and revolving portfolios.

The allowance for losses at September 30, 2013 totaled $5.2 billion compared with $5.0 billion at December 31, 2012, representing our best estimate of probable losses inherent in the portfolio. Allowance for losses increased $0.2 billion from December 31, 2012, primarily because provisions were higher than write-offs, net of recoveries by $0.3 billion, which is attributable to an increase in provisions in our Consumer installment and revolving portfolios. The allowance for losses as a percent of total financing receivables increased from 1.8% at December 31, 2012 to 2.0% at September 30, 2013 primarily due to an increase in the allowance for losses as discussed above and a decline in the overall financing receivables balance as collections exceeded originations. Further information surrounding the allowance for losses related to each of our portfolios is detailed below.

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The following table provides information surrounding selected ratios related to nonearning financing receivables and the allowance for losses.

	Nonearning financing receivables				Allowance for losses				Allowance for losses
	as a percent of				as a percent of				as a percent of
	financing receivables				nonearning financing receivables				total financing receivables
	September 30,		December 31,		September 30,		December 31,		September 30,		December 31,
	2013		2012		2013		2012		2013		2012
Commercial
CLL
Americas	1.7	%	1.8	%	39.8	%	36.8	%	0.7	%	0.7	%
Europe	2.6		3.5		37.3		34.3		1.0		1.2
Asia	2.4		1.7		33.2		41.5		0.8		0.7
Other	–		8.6		–		11.5		–		1.0
Total CLL	2.0		2.4		38.2		35.5		0.8		0.8
Energy Financial Services	0.1		–		275.0		–		0.3		0.2
GECAS	–		–		–		–		0.1		0.1
Other	–		2.7		–		23.1		0.5		0.6
Total Commercial	1.8		2.1		39.1		36.0		0.7		0.8
Real Estate	1.9		2.1		47.6		72.1		0.9		1.5
Consumer
Non-U.S.
residential mortgages(a)	7.3		7.7		19.4		18.7		1.4		1.4
Non-U.S.
installment and
revolving credit	1.2		1.2		322.9		278.1		3.8		3.4
U.S. installment and
revolving credit	1.8		2.0		290.7		222.4		5.3		4.5
Non-U.S. auto	0.6		0.6		335.0		279.2		1.9		1.6
Other	4.6		4.3		53.7		49.0		2.5		2.1
Total Consumer	3.4		3.6		108.3		86.4		3.7		3.1
Total	2.5		2.7		79.9		66.2		2.0		1.8

(a)   Included nonearning financing receivables as a percent of financing receivables of 7.9% and 8.5%, allowance for losses as a percent of nonearning receivables of 15.4% and 13.7% and allowance for losses as a percent of total financing receivables of 1.2% and 1.2% at September 30, 2013 and December 31, 2012, respectively, primarily related to loans, net of credit insurance, whose terms permitted interest-only payments and high loan-to-value ratios at inception (greater than 90%). Compared to the overall Non-U.S. residential mortgage loan portfolio, the ratio of allowance for losses as a percent of financing receivables and ratio of allowance for losses as a percent of nonearning financing receivables for these loans are lower, driven primarily by the higher mix of such products in the U.K. and France portfolios and as a result of the better performance and collateral realization experience in these markets.

Included below is a discussion of financing receivables, allowance for losses, nonearning receivables and related metrics for each of our significant portfolios.

CLL − Americas. Nonearning receivables of $1.2 billion represented 18.3% of total nonearning receivables at September 30, 2013. The ratio of allowance for losses as a percent of nonearning receivables increased from 36.8% at December 31, 2012, to 39.8% at September 30, 2013, reflecting a decrease in nonearning receivables. The ratio of nonearning receivables as a percent of financing receivables decreased from 1.8% at December 31, 2012, to 1.7% at September 30, 2013, primarily due to decreased nonearning exposures in our industrial materials and consumer-facing portfolios, partially offset by our Latin America portfolios. Collateral supporting these nonearning financing receivables primarily includes assets in the restaurant and hospitality, trucking and industrial equipment industries and corporate aircraft, and for our leveraged finance business, equity of the underlying businesses.

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CLL – Europe. Nonearning receivables of $0.9billion represented 14.2% of total nonearning receivables at September 30, 2013. The ratio of allowance for losses as a percent of nonearning receivables increased from 34.3% at December 31, 2012 to 37.3% at September 30, 2013, reflecting a decrease in nonearning receivables and allowance for losses in our Interbanca S.p.A., acquisition finance and asset-backed lending portfolios. The majority of our CLL – Europe nonearning receivables are attributable to the Interbanca S.p.A. portfolio, which was acquired in 2009. The loans acquired with Interbanca S.p.A. were recorded at fair value, which incorporates an estimate at the acquisition date of credit losses over their remaining life. Accordingly, these loans generally have a lower ratio of allowance for losses as a percent of nonearning receivables compared to the remaining portfolio. Excluding the nonearning loans attributable to the 2009 acquisition of Interbanca S.p.A., the ratio of allowance for losses as a percent of nonearning receivables increased from 58.4% at December 31, 2012, to 82.3% at September 30, 2013, primarily due to a decrease in nonearning receivables as a result of write-offs and sales in our acquisition finance and asset-backed lending portfolios. The ratio of nonearning receivables as a percent of financing receivables decreased from 3.5% at December 31, 2012, to 2.6% at September 30, 2013, for the reasons described above. Collateral supporting these secured nonearning financing receivables are primarily equity of the underlying businesses for our Interbanca S.p.A. and acquisition finance businesses, the purchased receivables for our asset-backed lending portfolio, and equipment for our equipment finance portfolio.

CLL – Asia. Nonearning receivables of $0.2 billion represented 3.5% of total nonearning receivables at September 30, 2013. The ratio of allowance for losses as a percent of nonearning receivables decreased from 41.5% at December 31, 2012, to 33.0% at September 30, 2013, primarily due to an increase in nonearnings in our structured finance business and in our asset-based financing business in Australia, partially offset by restructuring activities and write-offs resulting in a reduction of nonearning receivables in our asset-based financing businesses in Japan. Collateral supporting these nonearning financing receivables is primarily manufacturing equipment, commercial real estate and corporate aircraft.

Real Estate. Nonearning receivables of $0.4 billion represented 5.5% of total nonearning receivables at September 30, 2013. The decrease in nonearning receivables was primarily driven by resolution of North American multi-family and hotel nonearning loans, as well as European retail and mixed-use loans through payoffs, foreclosures and write-offs. The ratio of allowance for losses as a percent of nonearning receivables decreased from 72.1% to 47.6% reflecting the reduction in overall reserves due to improving market conditions and higher originations. The ratio of allowance for losses as a percent of total financing receivables decreased from 1.5% at December 31, 2012, to 0.9% at September 30, 2013, driven primarily by write-offs and the reduction in overall reserves due to improving market conditions.

The Real Estate financing receivables portfolio is collateralized by income-producing or owner-occupied commercial properties across a variety of asset classes and markets. At September 30, 2013, total Real Estate financing receivables of $19.0 billion were primarily collateralized by office buildings ($4.8 billion), hotel properties ($3.2 billion), apartment buildings ($2.9 billion), warehouse ($2.6 billion) and retail facilities ($2.4 billion). In the first nine months of 2013, commercial real estate markets continued to show signs of improved stability and liquidity in certain markets; however, the pace of improvement varies significantly by asset class and market and the long term outlook remains uncertain. We have and continue to maintain an intense focus on operations and risk management. Loan loss reserves related to our Real Estate financing receivables are particularly sensitive to declines in underlying property values. Assuming global property values decline an incremental 1% or 5%, and that decline occurs evenly across geographies and asset classes, we estimate incremental loan loss reserves would be required of less than $0.1 billion and approximately $0.1 billion, respectively. Estimating the impact of global property values on loss performance across our portfolio depends on a number of factors, including macroeconomic conditions, property level operating performance, local market dynamics and individual borrower behavior. As a result, any sensitivity analyses or attempts to forecast potential losses carry a high degree of imprecision and are subject to change. At September 30, 2013, we had 111 foreclosed commercial real estate properties totaling $1.0 billion.

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Consumer − Non-U.S. residential mortgages. Nonearning receivables of $2.3 billion represented 35.0% of total nonearning receivables at September 30, 2013. The ratio of allowance for losses as a percent of nonearning receivables increased from 18.7% at December 31, 2012 to 19.4% at September 30, 2013, as a result of lower nonearning receivables due to improved collections primarily in our U.K. and Spain portfolios. Our non-U.S. mortgage portfolio has a loan-to-value ratio of approximately 76% at origination and the vast majority are first lien positions. Our U.K. and France portfolios, which comprise a majority of our total mortgage portfolio, have reindexed loan-to-value ratios of 79% and 56%, respectively, and about 11% of these loans are without mortgage insurance and have a reindexed loan-to-value ratio equal to or greater than 100%. Loan-to-value information is updated on a quarterly basis for a majority of our loans and considers economic factors such as the housing price index. At September 30, 2013, we had in repossession stock 541 houses in the U.K., which had a value of approximately $0.1 billion.

Consumer − Non-U.S. installment and revolving credit. Nonearning receivables of $0.2 billion represented 3.2% of total nonearning receivables at September 30, 2013. The ratio of allowance for losses as a percent of nonearning receivables increased from 278.1% at December 31, 2012 to 322.9% at September 30, 2013, reflecting an increase in the allowance for losses primarily due to the approach described below.

Consumer − U.S. installment and revolving credit. Nonearning receivables of $0.9 billion represented 14.5% of total nonearning receivables at September 30, 2013. The ratio of allowance for losses as a percent of nonearning receivables increased from 222.4% at December 31, 2012 to 290.7% at September 30, 2013 reflecting an increase in the allowance for losses primarily due to the approach described below. The ratio of nonearning receivables as a percentage of financing receivables decreased from 2.0% at December 31, 2012 to 1.8% at September 30, 2013 primarily due to improved delinquency rates.

In the first quarter of 2013, we completed our implementation of a more granular portfolio segmentation approach, by loss type, in determining the incurred loss period in our consumer revolving credit portfolios, which resulted in an increase to the incurred loss period and included a qualitative assessment of the adequacy of the consumer revolving credit portfolios’ allowance for losses, which compares this allowance for losses to projected net write-offs over the next twelve months, in a manner consistent with regulatory guidance. This resulted in an increase of $0.6 billion to the allowance for losses on financing receivables ($0.3 billion, after tax), the vast majority of which was attributable to our U.S. consumer revolving credit portfolios.

Nonaccrual Financing Receivables

The following table provides details related to our nonaccrual and nonearning financing receivables. Nonaccrual financing receivables include all nonearning receivables and are those on which we have stopped accruing interest. We stop accruing interest at the earlier of the time at which collection becomes doubtful or the account becomes 90 days past due. Substantially all of the differences between nonearning and nonaccrual financing receivables relate to loans that are classified as nonaccrual financing receivables but are paying on a cash accounting basis, and therefore excluded from nonearning receivables. Of our $10.9 billion nonaccrual loans at September 30, 2013, $6.2 billion are currently paying in accordance with their contractual terms.

	Nonaccrual		Nonearning
	financing		financing
(In millions)	receivables		receivables
September 30, 2013
Commercial
CLL	$	3,389	$	2,324
Energy Financial Services		4		4
GECAS		-		-
Other		11		-
Total Commercial		3,404		2,328
Real Estate		3,723		357
Consumer		3,816		3,760
Total	$	10,943	$	6,445

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Impaired Loans

“Impaired” loans in the table below are defined as larger balance or restructured loans for which it is probable that the lender will be unable to collect all amounts due according to original contractual terms of the loan agreement. The vast majority of our Consumer and a portion of our CLL nonaccrual receivables are excluded from this definition, as they represent smaller balance homogeneous loans that we evaluate collectively by portfolio for impairment.

Impaired loans include nonearning receivables on larger balance or restructured loans, loans that are currently paying interest under the cash basis (but are excluded from the nonearning category), and loans paying currently but which have been previously restructured.

Specific reserves are recorded for individually impaired loans to the extent we have determined that it is probable that we will be unable to collect all amounts due according to original contractual terms of the loan agreement. Certain loans classified as impaired may not require a reserve because we believe that we will ultimately collect the unpaid balance (through collection or collateral repossession).

Further information pertaining to loans classified as impaired and specific reserves is included in the table below.

(In millions)	September 30,		December 31,
	2013		2012
Loans requiring allowance for losses
Commercial(a)	$	1,035	$	1,372
Real Estate		1,404		2,202
Consumer		3,096		3,115
Total loans requiring allowance for losses		5,535		6,689
Loans expected to be fully recoverable
Commercial(a)		3,091		3,697
Real Estate		2,793		3,491
Consumer		99		105
Total loans expected to be fully recoverable		5,983		7,293
Total impaired loans	$	11,518	$	13,982
Allowance for losses (specific reserves)
Commercial(a)	$	311	$	487
Real Estate		83		188
Consumer		684		674
Total allowance for losses (specific reserves)	$	1,078	$	1,349
Average investment during the period	$	12,757	$	16,269
Interest income earned while impaired(b)		503		751

(a)   Includes CLL, Energy Financial Services, GECAS and Other.

(b) Recognized principally on an accrual basis.

We regularly review our Real Estate loans for impairment using both quantitative and qualitative factors, such as debt service coverage and loan-to-value ratios. We classify Real Estate loans as impaired when the most recent valuation reflects a projected loan-to-value ratio at maturity in excess of 100%, even if the loan is currently paying in accordance with contractual terms.

Of our $4.2 billion impaired loans at Real Estate at September 30, 2013, $3.9 billion are currently paying in accordance with the contractual terms of the loan and are typically loans where the borrower has adequate debt service coverage to meet contractual interest obligations. Impaired loans at CLL primarily represent senior secured lending positions.

Our impaired loan balance at September 30, 2013 and December 31, 2012, classified by the method used to measure impairment was as follows.

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	September 30,		December 31,
(In millions)	2013		2012
Method used to measure impairment
Discounted cash flow	$	6,155	$	6,704
Collateral value		5,363		7,278
Total	$	11,518	$	13,982

See Note 1 in our 2012 consolidated financial statements for further information on our valuation processes.

Our loss mitigation strategy is intended to minimize economic loss and, at times, can result in rate reductions, principal forgiveness, extensions, forbearance or other actions, which may cause the related loan to be classified as a troubled debt restructuring (TDR), and also as impaired. Changes to Real Estate’s loans primarily include maturity extensions, principal payment acceleration, changes to collateral terms and cash sweeps, which are in addition to, or sometimes in lieu of, fees and rate increases. The determination of whether these changes to the terms and conditions of our commercial loans meet the TDR criteria includes our consideration of all relevant facts and circumstances. At September 30, 2013, TDRs included in impaired loans were $10.2 billion, primarily relating to Real Estate ($3.9 billion), CLL ($3.2 billion) and Consumer ($3.0 billion).

Real Estate TDRs decreased from $5.1 billion at December 31, 2012 to $3.9 billion at September 30, 2013, primarily driven by resolution of TDRs through paydowns and the effects of currency exchange, partially offset by extensions of loans scheduled to mature during 2013, some of which were classified as TDRs upon modification. For borrowers with demonstrated operating capabilities, we work to restructure loans when the cash flow and projected value of the underlying collateral support repayment over the modified term. We deem loan modifications to be TDRs when we have granted a concession to a borrower experiencing financial difficulty and we do not receive adequate compensation in the form of an effective interest rate that is at current market rates of interest given the risk characteristics of the loan or other consideration that compensates us for the value of the concession. For the nine months ended September 30, 2013, we modified $1.4 billion of loans classified as TDRs. Changes to these loans primarily included maturity extensions, principal payment acceleration, changes to collateral or covenant terms and cash sweeps, which are in addition to, or sometimes in lieu of, fees and rate increases. The limited liquidity and higher return requirements in the real estate market for loans with higher loan-to-value (LTV) ratios has typically resulted in the conclusion that the modified terms are not at current market rates of interest, even if the modified loans are expected to be fully recoverable. We received the same or additional compensation in the form of rate increases and fees for the majority of these TDRs. Of our $2.1 billion and $4.6 billion of modifications classified as TDRs in the twelve months ended September 30, 2013 and 2012, respectively, $0.3 billion and $0.2 billion have subsequently experienced a payment default in the nine months ended September 30, 2013 and 2012, respectively.

The substantial majority of the Real Estate TDRs have reserves determined based upon collateral value. Our specific reserves on Real Estate TDRs were $0.1 billion at September 30, 2013 and $0.2 billion at December 31, 2012, and were 2.0% and 3.1%, respectively, of Real Estate TDRs. In many situations these loans did not require a specific reserve as collateral value adequately covered our recorded investment in the loan. While these modified loans had adequate collateral coverage, we were still required to complete our TDR classification evaluation on each of the modifications without regard to collateral adequacy.

We utilize certain short-term (three months or less) loan modification programs for borrowers experiencing temporary financial difficulties in our Consumer loan portfolio. These loan modification programs are primarily concentrated in our non-U.S. residential mortgage and non-U.S. installment and revolving portfolios. We sold our U.S. residential mortgage business in 2007 and as such, do not participate in the U.S. government-sponsored mortgage modification programs. For the nine months ended September 30, 2013, we provided short-term modifications of less than $0.1 billion of consumer loans for borrowers experiencing financial difficulties, substantially all in our non-U.S. residential mortgage, credit card and personal loan portfolios, which are not classified as TDRs. For these modified loans, we provided insignificant interest rate reductions and payment deferrals, which were not part of the terms of the original contract. We expect borrowers whose loans have been modified under these short-term programs to continue to be able to meet their contractual obligations upon the conclusion of the short-term modification. In addition, we have modified $1.2 billion of Consumer loans for the nine months ended September 30, 2013, which are classified as TDRs. Further information on Consumer impaired loans is provided in Note 17 to the condensed, consolidated financial statements.

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Delinquencies

For additional information on delinquency rates at each of our major portfolios, see Note 17 to the condensed, consolidated financial statements.

GECC Selected European Exposures

At September 30, 2013, we had $82.4 billion in financing receivables to consumer and commercial customers in Europe. The GECC financing receivables portfolio in Europe is well diversified across European geographies and customers. Approximately 87% of the portfolio is secured by collateral and represents approximately 500,000 commercial customers. Several European countries, including Spain, Portugal, Ireland, Italy, Greece and Hungary (“focus countries”), have been subject to credit deterioration due to weaknesses in their economic and fiscal situations. The carrying value of GECC funded exposures in these focus countries and in the rest of Europe comprised the following at September 30, 2013.

													Rest of		Total
September 30, 2013 (In millions)	Spain		Portugal		Ireland		Italy		Greece		Hungary		Europe		Europe
Financing receivables,
before allowance
for losses on
financing receivables	$	1,553	$	265	$	276	$	6,576	$	2	$	2,955	$	72,194	$	83,821
Allowance for losses on
financing receivables		(94)		(17)		(5)		(208)		-		(104)		(973)		(1,401)
Financing receivables,
net of allowance
for losses on
financing receivables(a)(b)		1,459		248		271		6,368		2		2,851		71,221		82,420
Investments(c)(d)		3		-		-		505		-		252		2,212		2,972
Cost and equity method
investments(e)		307		-		399		62		34		-		695		1,497
Derivatives,
net of collateral(c)(f)		2		-		-		62		-		-		174		238
ELTO(g)		478		106		443		776		245		332		9,809		12,189
Real estate held for
investment(g)		790		-		-		410		-		-		5,585		6,785
Total funded exposures(h)	$	3,039	$	354	$	1,113	$	8,183	$	281	$	3,435	$	89,696	$	106,101
Unfunded commitments(i)	$	12	$	7	$	65	$	177	$	4	$	851	$	8,647	$	9,763

(a)   Financing receivable amounts are classified based on the location or nature of the related obligor.

(b)   Substantially all relates to non-sovereign obligors. Includes residential mortgage loans of approximately $30.7 billion before consideration of purchased credit protection. We have third-party mortgage insurance for less than 15% of these residential mortgage loans, substantially all of which were originated in the U.K., Poland and France.

(c)   Investments and derivatives are classified based on the location of the parent of the obligor or issuer.

(d)   Includes $0.8 billion related to financial institutions, $0.3 billion related to non-financial institutions and $1.9 billion related to sovereign issuers. Sovereign issuances totaled $0.1 billion and $0.2 billion related to Italy and Hungary, respectively. We held no investments issued by sovereign entities in the other focus countries.

(e)   Substantially all is non-sovereign.

(f)   Net of cash collateral; entire amount is non-sovereign.

(g)   These assets are held under long-term investment and operating strategies, and our equipment leased to others (ELTO) strategies contemplate an ability to redeploy assets under lease should default by the lessee occur. The values of these assets could be subject to decline or impairment in the current environment.

(h)   Excludes $40.4 billion of cash and equivalents, which is composed of $26.0 billion of cash on short-term placement with highly rated global financial institutions based in Europe, sovereign central banks and agencies or supranational entities, of which $1.4 billion is in focus countries, and $14.4 billion of cash and equivalents placed with highly rated European financial institutions on a short-term basis, secured by U.S. Treasury securities ($11.3 billion) and sovereign bonds of non-focus countries ($3.1 billion), where the value of our collateral exceeds the amount of our cash exposure.

(i)   Includes ordinary course of business lending commitments, commercial and consumer unused revolving credit lines, inventory financing arrangements and investment commitments.

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We manage counterparty exposure, including credit risk, on an individual counterparty basis. We place defined risk limits around each obligor and review our risk exposure on the basis of both the primary and parent obligor, as well as the issuer of securities held as collateral. These limits are adjusted on an ongoing basis based on our continuing assessment of the credit risk of the obligor or issuer. In setting our counterparty risk limits, we focus on high quality credits and diversification through spread of risk in an effort to actively manage our overall exposure. We actively monitor each exposure against these limits and take appropriate action when we believe that risk limits have been exceeded or there are excess risk concentrations. Our collateral position and ability to work out problem accounts has historically mitigated our actual loss experience. Delinquency experience has been relatively stable in our European commercial and consumer platforms in the aggregate, and we actively monitor and take action to reduce exposures where appropriate. Uncertainties surrounding European markets could have an impact on the judgments and estimates used in determining the carrying value of these assets.

All other assets comprise mainly real estate equity properties and investments, equity and cost method investments, derivative instruments and assets held for sale, and totaled $50.1 billion at September 30, 2013, a decrease of $12.1 billion, primarily related to the sale of certain held-for-sale real estate and aircraft ($4.7 billion), the sale of certain real estate investments ($3.0 billion), a decrease in the fair value of derivative instruments ($2.6 billion) and a decrease in our Penske investment ($1.2 billion). During the nine months ended September 30, 2013, we recognized $0.2 billion of other-than-temporary impairments of cost and equity method investments, excluding those related to real estate.

Included in other assets are Real Estate equity investments of $14.4 billion and $20.7 billion and Real Estate equity assets classified as held for sale of $2.4 billion and $0.3 billion at September 30, 2013 and December 31, 2012, respectively. Our portfolio is diversified, both geographically and by asset type. We review the estimated values of our commercial real estate investments at least annually, or more frequently as conditions warrant. Commercial real estate valuations have shown signs of improved stability and liquidity in certain markets, primarily in the U.S.; however, the pace of improvement varies significantly by asset class and market. Accordingly, there continues to be risk and uncertainty surrounding commercial real estate values. Declines in estimated value of real estate below carrying amount result in impairment losses when the aggregate undiscounted cash flow estimates used in the estimated value measurement are below the carrying amount. As such, estimated losses in the portfolio will not necessarily result in recognized impairment losses. During the three and nine months ended September 30, 2013, Real Estate recognized pre-tax impairments of an insignificant amount and $0.3 billion, respectively, in its real estate held for investment, which were primarily driven by the strategic decision to exit certain equity platforms. Real Estate investments with undiscounted cash flows in excess of carrying value of 0% to 5% at September 30, 2013 had a carrying value of $0.3 billion and an associated estimated unrealized loss of an insignificant amount. Continued deterioration in economic conditions or prolonged market illiquidity may result in further impairments being recognized. On March 19, 2013, in connection with GE’s sale of its remaining 49% interest in NBCUniversal LLC to Comcast Corporation, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York and the CNBC property located in Englewood Cliffs, New Jersey to affiliates of NBC Universal for $1.4 billion in cash.

Liquidity and Borrowings

We maintain a strong focus on liquidity. At both GE and GECC we manage our liquidity to help provide access to sufficient funding to meet our business needs and financial obligations throughout business cycles.

Our liquidity and borrowing plans for GE and GECC are established within the context of our annual financial and strategic planning processes. At GE, our liquidity and funding plans take into account the liquidity necessary to fund our operating commitments, which include primarily purchase obligations for inventory and equipment, payroll and general expenses (including pension funding). We also take into account our capital allocation and growth objectives, including paying dividends, repurchasing shares, investing in research and development and acquiring industrial businesses. At GE, we rely primarily on cash generated through our operating activities, any dividend payments from GECC, and also have historically maintained a commercial paper program that we regularly use to fund operations in the U.S., principally within fiscal quarters.

GECC’s liquidity position is targeted to meet its obligations under both normal and stressed conditions.  GECC establishes a funding plan annually that is based on the projected asset size and cash needs of the Company, which over the past few years, has included our strategy to reduce our ending net investment in GE Capital. GECC relies on a diversified source of funding, including the unsecured term debt markets, the global commercial paper markets, deposits, secured funding, retail funding products, bank borrowings and securitizations to fund its balance sheet, in addition to cash generated through collection of principal, interest and other payments on our existing portfolio of loans and leases to fund its operating and interest expense costs.

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Our 2013 GECC funding plan anticipates repayment of principal on outstanding short-term borrowings, including the current portion of long-term debt ($44.3 billion at December 31, 2012), through issuance of long-term debt and reissuance of commercial paper, cash on hand, collections of financing receivables exceeding originations, dispositions, asset sales, and deposits and other alternative sources of funding. Long-term maturities and early redemptions were $6 billion in the third quarter of 2013. Interest on borrowings is primarily repaid through interest earned on existing financing receivables. During the third quarter of 2013, GECC earned interest income on financing receivables of $5.0 billion, which more than offset interest and other financial charges of $2.2 billion.

During the first quarter of 2013, $5 billion of long-term debt issued by GE matured.

We maintain a detailed liquidity policy for GECC, which includes a requirement to maintain a contingency funding plan. The liquidity policy defines GECC’s liquidity risk tolerance under different stress scenarios based on its liquidity sources and also establishes procedures to escalate potential issues. We actively monitor GECC’s access to funding markets and its liquidity profile through tracking external indicators and testing various stress scenarios. The contingency funding plan provides a framework for handling market disruptions and establishes escalation procedures in the event that such events or circumstances arise.

GECC is a regulated savings and loan holding company under U.S. law and became subject to Federal Reserve Board (FRB) supervision on July 21, 2011, the one-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA). In addition, on July 8, 2013, the U.S. Financial Stability Oversight Council (FSOC) designated GECC as a nonbank systemically important financial institution (nonbank SIFI) under the DFA. Many of the rulemakings for supervision of nonbank SIFIs are not final and therefore the exact impact and implementation date remain uncertain.  GECC continues to plan for the enhanced prudential standards that will apply to nonbank SIFIs.  These DFA rulemakings will require, among other items, enhanced capital and liquidity levels, compliance with the comprehensive capital analysis and review regulations (CCAR), compliance with counterparty credit exposure limits, and the development of a resolution plan for submission to regulators.

The FRB recently finalized regulations to revise and replace its current rules on capital adequacy and to extend capital regulations to savings and loan holding companies like GECC. Under the final rules, GECC expects that the standardized approach for calculating capital will apply to GECC, in its capacity as a Savings and Loan Holding Company, on January 1, 2015. However, that timing could change once nonbank SIFI rules are finalized.  GECC will ultimately also become subject to the Basel III advanced capital rules that will be applicable to institutions with more than $250 billion in assets.  Initial actions required for compliance with the advanced capital rules will begin once GECC is subject to regulatory capital rules. However, full implementation will take several years to complete.

The FRB has also indicated in a proposed rulemaking that they will require nonbank SIFIs to submit annual capital plans for review, including institutions’ plans to make capital distributions, such as dividend payments. The applicability and timing of this proposed regulation to GECC is not yet determined.  While GECC is not yet subject to this regulation, GECC’s capital allocation planning remains subject to FRB review as a savings and loan holding company.

Overall, GE does not believe that GECC’s designation as a nonbank SIFI will have a material impact on its business or operations.

Liquidity Sources

We maintain liquidity sources that include cash and equivalents, committed unused credit lines and high-quality, liquid investments.

We have consolidated cash and equivalents of $86.5 billion at September 30, 2013, which is available to meet our needs.  Of this, approximately $10 billion is held at GE and approximately $76 billion is held at GECC.

We have committed, unused credit lines totaling $47.6 billion that have been extended to us by 49 financial institutions at September 30, 2013. GECC can borrow up to $47.6 billion under all of these credit lines. GE can borrow up to $14.6 billion under certain of these credit lines. These lines include $26.1 billion of revolving credit agreements under which we can borrow funds for periods exceeding one year. Additionally, $21.4 billion are 364-day lines that contain a term-out feature that allows us to extend borrowings for one to two years from the date of expiration of the lending agreement.

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Cash and equivalents of $58.8 billion at September 30, 2013 are held by non-U.S. subsidiaries. Of this amount at quarter-end, $13.8 billion is indefinitely reinvested. Indefinitely reinvested cash held outside of the U.S. is available to fund operations and other growth of non-U.S. subsidiaries; it is also used to fund our needs in the U.S. on a short-term basis through short-term loans, without being subject to U.S. tax. Under the Internal Revenue Code, these loans are permitted to be outstanding for 30 days or less and the total of all such loans are required to be outstanding for less than 60 days during the year.

$2.2 billion of GE cash and equivalents is held in countries with currency controls that may restrict the transfer of funds to the U.S. or limit our ability to transfer funds to the U.S. without incurring substantial costs. These funds are available to fund operations and growth in these countries and we do not currently anticipate a need to transfer these funds to the U.S.

At GECC, about $12 billion of cash and equivalents are in regulated banks and insurance entities and are subject to regulatory restrictions.

If we were to repatriate indefinitely reinvested cash held outside the U.S., we would be subject to additional U.S. income taxes and foreign withholding taxes.

Funding Plan

We have reduced our GE Capital ending net investment, excluding cash and equivalents, to $384.6 billion at September 30, 2013.

Through September 30, 2013, GECC completed issuances of $33.2 billion of senior unsecured debt (excluding securitizations described below) with maturities up to 40 years (and subsequent to September 30, 2013, an additional insignificant amount).  Average commercial paper borrowings for GECC and GE during the third quarter were $35.3 billion and $7.3 billion, respectively, and the maximum amounts of commercial paper borrowings outstanding for GECC and GE during the third quarter were $36.1 billion and $9.7 billion, respectively. GECC commercial paper maturities are funded principally through new commercial paper issuances and at GE are substantially repaid before quarter-end using indefinitely reinvested overseas cash, which as discussed above, is available for use in the U.S. on a short-term basis without being subject to U.S. tax.

We securitize financial assets as an alternative source of funding. During 2013, we completed $7.7 billion of non-recourse issuances and had maturities of $7.8 billion. At September 30, 2013, consolidated non-recourse borrowings were $30 billion.

We have 12 deposit-taking banks outside of the U.S. and two deposit-taking banks in the U.S. – GE Capital Retail Bank, a Federal Savings Bank (FSB), and GE Capital Bank (formerly GE Capital Financial Inc.), an industrial bank (IB). The FSB and IB currently issue certificates of deposit (CDs) in maturity terms from two months to ten years. On January 11, 2013, the FSB acquired the deposit business of MetLife Bank, N.A. This acquisition added approximately $6.4 billion in deposits and an online banking platform.

Total alternative funding at September 30, 2013 was $105 billion, composed mainly of $51 billion bank deposits, $30 billion of non-recourse securitization borrowings, $10 billion of funding secured by real estate, aircraft and other collateral and $9 billion GE Interest Plus notes. The comparable amount at December 31, 2012 was $101 billion.

As a matter of general practice, we routinely evaluate the economic impact of calling debt instruments where we have the right to exercise a call.  In determining whether to call debt, we consider the economic benefit to GECC of calling debt, the effect of calling debt on our liquidity profile and other factors. During the first nine months of 2013, we settled $8.4 billion of callable debt, of which $4.1 billion was called in 2012. No additional debt was called during the third quarter of 2013 that will settle after September 30, 2013.

Income Maintenance Agreement

GE provides implicit and explicit support to GECC through commitments, capital contributions and operating support. For example, and as discussed below, GE has committed to keep GECC’s ratio of earnings to fixed charges above a minimum level. In addition, GE made a total of $15.0 billion of capital contributions to GECC in 2009 and 2008 to improve tangible capital and reduce leverage. GECC’s credit rating is higher than it would be on a stand-alone basis as a result of this financial support.

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As set forth in Exhibit 99(b) hereto, GECC’s ratio of earnings to fixed charges was 1.79:1 during the nine months ended September 30, 2013 due to higher pre-tax earnings at GECC, which were primarily driven by lower losses and delinquencies. For additional information, see the Income Maintenance Agreement section in the Management’s Discussion and Analysis of Financial Condition and Results of Operations in our 2012 consolidated financial statements.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

There have been no significant changes to our market risk since December 31, 2012. For a discussion of our exposure to market risk, refer to Part II, Item 7A. “Quantitative and Qualitative Disclosures about Market Risk,” contained in our Annual Report on Form 10-K for the year ended December 31, 2012.

Item 4. Controls and Procedures.

Under the direction of our Chief Executive Officer and Chief Financial Officer, we evaluated our disclosure controls and procedures and internal control over financial reporting and concluded that (i) our disclosure controls and procedures were effective as of September 30, 2013, and (ii) no change in internal control over financial reporting occurred during the quarter ended September 30, 2013, that has materially affected, or is reasonably likely to materially affect, such internal control over financial reporting.

Part II. Other Information

Item 1.  Legal Proceedings.

The following information supplements and amends our discussion set forth under Part I, Item 3 “Legal Proceedings” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 and in our Quarterly Report on Form 10-Q for the quarters ended March 31, 2013 and June 30, 2013.

As previously reported, in March and April 2009, shareholders filed purported class actions under the federal securities laws in the United States District Court for the Southern District of New York naming as defendants GE, a number of GE officers (including our chief executive officer and chief financial officer) and our directors. The complaints, which were subsequently consolidated, sought unspecified damages based on allegations related to statements regarding the GE dividend and projected losses and earnings for GECC in 2009. In January 2012, the District Court granted in part, and denied in part, our motion to dismiss.  In April 2012, the District Court granted a portion of our motion for reconsideration, resulting in the dismissal of plaintiffs’ claims under the Securities Act of 1933.  In July 2012, the District Court denied plaintiffs’ motion seeking to amend their complaint to include the alleged claims under the Securities Act of 1933. In January 2013, plaintiffs attempted unsuccessfully to file a new amended complaint.    Also in January 2013, we filed a motion for judgment on the pleadings. In April 2013, the parties entered into a definitive settlement agreement under which (i) GE has paid $40 million, inclusive of attorneys’ fees and expenses and the cost of notice to the putative settlement class and (ii) all claims of the settlement class were fully and finally released. GE, as stated in the settlement agreement, continues to maintain that the plaintiffs' claims were without merit, and has settled to avoid the expenditure of significant litigation costs and management burdens in connection with defense of the lawsuit.  In September 2013, the District Court approved the settlement.

We sold WMC, our U.S. mortgage business, in 2007. WMC substantially discontinued all new loan originations in 2007, and was not a loan servicer. In connection with the sale, WMC retained certain representation and warranty obligations related to loans sold to third parties prior to the disposal of the business.

There are 16 lawsuits relating to pending mortgage loan repurchase claims in which WMC is a party. The adverse parties in these cases are trustees of private label residential mortgage-backed securitization trusts or parties claiming to act on their behalf. While the alleged claims for relief vary from case to case, the complaints and counterclaims in these actions generally assert claims for breach of contract, indemnification, and/or declaratory judgment, and seek specific performance (repurchase) and/or monetary damages.

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Five WMC cases are pending in the United States District Court for the District of Connecticut. Four of these cases were initiated in 2012, and one was initiated in the third quarter of 2013. Deutsche Bank National Trust Company (Deutsche Bank) is the adverse party in four cases, and Law Debenture Trust Company of New York (Law Debenture) is the adverse party in one case. The Deutsche Bank complaints assert claims on approximately $3,400 million of mortgage loans and seek to recover damages on these loans in excess of approximately $1,800 million. The Law Debenture complaint asserts claims on approximately $1,000 million of mortgage loans, and alleges losses on these loans in excess of approximately $425 million. GECC was initially named a defendant in each of the Connecticut cases and has been dismissed from four of those cases without prejudice. 

Six WMC cases are pending in the United States District Court for the District of Minnesota against US Bank National Association (US Bank), of which three were initiated by WMC seeking declaratory judgment. Five of these cases were filed in 2012, and one was filed in 2011. One additional case filed by WMC in the fourth quarter 2012 was dismissed without prejudice in July 2013, due to a proceeding involving the same securitization in New York State Supreme Court, as described below. The Minnesota cases involve claims on approximately $1,200 million of mortgage loans and do not specify the amount of damages sought. In September 2013, the District Court granted in part and denied in part WMC’s motions to dismiss or for summary judgment, dismissing US Bank’s claims for indemnification and for damages based on WMC’s alleged refusal to repurchase but holding that WMC could be liable for money damages if US Bank can prove that WMC knew of a breach of representation or warranty in the mortgage loan pool of which the trustee had no knowledge and failed to notify the trustee. The court also held that US Bank may seek to recover money damages against WMC for losses incurred by the trustee arising from loans previously liquidated by the trustee if WMC was grossly negligent regarding notifying the trustee of the presence of defects in the loans.

As previously reported, three cases are pending in New York State Supreme Court, two of which were initiated by securitization trustees and one of which was brought by a RMBS certificate holder claiming to act on behalf of the trustee. These cases are all at an early stage and involve, in the aggregate, claims involving approximately $3,300 million of mortgage loans. Two of the lawsuits specify damages totaling in excess of $1,100 million, and the third lawsuit does not specify the amount of damages sought. One case, in which the plaintiff is Seagull Point, LLC (Seagull Point), acting individually and purportedly on behalf of Morgan Stanley ABS Capital I Inc. Trust 2007-HE5, was initiated in the second quarter 2013 and names as defendants WMC, Decision One Mortgage Company, LLC (Decision One), Morgan Stanley Mortgage Capital Inc., Morgan Stanley Mortgage Capital Holdings LLC, Morgan Stanley ABS Capital I Inc., and Morgan Stanley ABS Capital I Inc. Trust 2007-HE5 (as nominal defendant). Seagull Point seeks damages against WMC and Decision One in excess of $475 million. The second case was initiated by Deutsche Bank in the second quarter 2013 and names as defendants WMC and Barclays Bank PLC. It involves claims against WMC on approximately $1,000 million of mortgage loans and does not specify the amount of damages sought. The third case, in which the plaintiff is The Bank of New York Mellon (BNY), was initiated in the fourth quarter 2012 and names as defendants WMC, J.P. Morgan Mortgage Acquisition Corporation and JPMorgan Chase Bank, N.A. GECC, which was initially named, is no longer a defendant.  This case arises from the same securitization as one of the cases initiated by WMC in Minnesota, noted above. BNY asserts claims on approximately $1,900 million of mortgage loans, and seeks to recover damages in excess of $650 million.

Two cases are pending in the United States District Court for the Southern District of New York. One case, in which the plaintiff is BNY, was filed in the third quarter 2012. In the second quarter 2013, BNY filed an amended complaint in which it asserts claims on approximately $900 million of mortgage loans, and seeks to recover damages in excess of $378 million. In September 2013, the District Court issued a ruling from the bench denying WMC’s motion to dismiss the trustee’s claim for damages and holding that the initial submission of claims on certain mortgage loans was sufficient to provide notice to WMC that the entire pool of loans supporting the securitization was potentially subject to claims for relief by the trustee. One case was initiated by the Federal Housing Finance Agency (FHFA) by filing a summons with notice in the fourth quarter 2012. In the second quarter 2013, Deutsche Bank, in its role as securitization trustee of the trust at issue in the case, intervened as a plaintiff and filed a complaint relating to approximately $1,400 million of loans and alleging losses on these loans in excess of approximately $100 million.

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The amounts of the mortgage loans at issue in these cases (discussed above) reflect the purchase price or unpaid principal balances of the loans at the time of purchase and do not give effect to pay downs, accrued interest or fees, or potential recoveries based upon the underlying collateral. Of the mortgage loans involved in these lawsuits, approximately $4,600 million were included in WMC’s pending claims at September 30, 2013. The claims relating to other mortgage loans not included in WMC’s pending claims consist of sampling-based claims in two cases on approximately $900 million of mortgage loans and, in ten cases, claims for repurchase or damages based on the alleged failure to provide notice of defective loans, breach of a corporate representation and warranty, and/or non-specific claims for rescissionary damages on approximately $5,700 million of mortgage loans. See Note 2 to the condensed, consolidated financial statements in Part I, Item 1 “Financial Statements” of this Form 10-Q Report for additional information. 

Item 2. Purchases of Equity Securities by the Issuer and Affiliated Purchasers.

										Approximate
										dollar value
						Total number				of shares that
						of shares				may yet be
						purchased				purchased
						as part of				under our
	Total number			Average		our share				share
	of shares			price paid		repurchase				repurchase
Period(a)	purchased		(a)(b)	per share		program		(a)(c)		program
(Shares in thousands)
2013
July		17,478		$	24.48		17,413
August		59,711		$	23.81		59,628
September		9,789		$	23.27		9,699
Total		86,978		$	23.88		86,740		$	14.7	billion

(a) Information is presented on a fiscal calendar basis, consistent with our quarterly financial reporting.

(b) This category includes 238 thousand shares repurchased from our various benefit plans.

(c) Shares are repurchased through the 2007 GE Share Repurchase Program (the Program). As of December 31, 2012, we were authorized to repurchase up to $25 billion of our common stock through 2015 and we had repurchased a total of approximately $12.3 billion under the Program. Effective February 12, 2013, we increased the Program authorization by an additional $10 billion, resulting in authorization to repurchase up to a total of $35 billion of our common stock through 2015. The Program is flexible and shares are acquired with a combination of borrowings and free cash flow from the public markets and other sources, including GE Stock Direct, a stock purchase plan that is available to the public.

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Item 6. Exhibits.

Exhibit 11 Exhibit 12	Computation of Per Share Earnings.* Computation of Ratio of Earnings to Fixed Charges.
Exhibit 31(a)	Certification Pursuant to Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended.
Exhibit 31(b)	Certification Pursuant to Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended.
Exhibit 32	Certification Pursuant to 18 U.S.C. Section 1350.
Exhibit 99(a)	Financial Measures That Supplement Generally Accepted Accounting Principles.
Exhibit 99(b)	Computation of Ratio of Earnings to Fixed Charges (Incorporated by reference to Exhibit 12 to General Electric Capital Corporation’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2013 (Commission file number 001-06461)).
Exhibit 101	The following materials from General Electric Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2013, formatted in XBRL (eXtensible Business Reporting Language); (i) Condensed Statement of Earnings for the three and nine months ended September 30, 2013 and 2012, (ii) Condensed, Consolidated Statement of Comprehensive Income for the three and nine months ended September 30, 2013 and 2012, (iii) Condensed, Consolidated Statement of Changes in Shareowners’ Equity for the nine months ended September 30, 2013 and 2012, (iv) Condensed Statement of Financial Position at September 30, 2013 and December 31, 2012, (v) Condensed Statement of Cash Flows for the nine months ended September 30, 2013 and 2012, and (vi) Notes to Condensed, Consolidated Financial Statements.
	*	Data required by Financial Accounting Standards Board Accounting Standards Codification 260, Earnings Per Share, is provided in Note 14 to the Condensed, Consolidated Financial Statements in this Report.

(87)

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	General Electric Company (Registrant)
November 1, 2013	/s/ Jan R. Hauser
Date	Jan R. Hauser Vice President and Controller Duly Authorized Officer and Principal Accounting Officer

(88)

EX-12

Exhibit 12

General Electric Company

Computation of Ratio of Earnings to Fixed Charges

	Nine months
	ended
	September 30,
	2013
(Dollars in millions)	(Unaudited)
General Electric Company and consolidated affiliates
Earnings(a)	$	11,221
Plus:
Interest and other financial charges included in expense(b)		7,700
One-third of rental expense(c)		404
Adjusted “earnings”	$	19,325
Fixed charges:
Interest and other financial charges included in expense(b)	$	7,700
Interest capitalized		(21)
One-third of rental expense(c)		404
Total fixed charges	$	8,083
Ratio of earnings to fixed charges		2.39

(a) Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.

(b) Included interest on tax deficiencies.

(c) Considered to be representative of interest factor in rental expense.

EX-31.A

Exhibit 31(a)

Certification Pursuant to

Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended

I, Jeffrey R. Immelt, certify that:
1.	I have reviewed this quarterly report on Form 10-Q of General Electric Company;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 1, 2013

/s/ Jeffrey R. Immelt

Jeffrey R. Immelt

Chief Executive Officer

EX-31.B

Exhibit 31(b)

Certification Pursuant to

Rules 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as Amended

I, Jeffrey S. Bornstein, certify that:
1.	I have reviewed this quarterly report on Form 10-Q of General Electric Company;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.	The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
	a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
	b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 1, 2013

/s/ Jeffrey S. Bornstein

Jeffrey S. Bornstein

Chief Financial Officer

EX-32

Exhibit 32

Certification Pursuant to

18 U.S.C. Section 1350

In connection with the Quarterly Report of General Electric Company (the “registrant”) on Form 10-Q for the period ended September 30, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “report”), we, Jeffrey R. Immelt and Jeffrey S. Bornstein, Chief Executive Officer and Chief Financial Officer, respectively, of the registrant, certify, pursuant to 18 U.S.C. § 1350, that to our knowledge:

(1)	The report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and
(2)	The information contained in the report fairly presents, in all material respects, the financial condition and results of operations of the registrant.

November 1, 2013

/s/ Jeffrey R. Immelt

Jeffrey R. Immelt

Chief Executive Officer

/s/ Jeffrey S. Bornstein

Jeffrey S. Bornstein

Chief Financial Officer

EX-99.A

Exhibit 99(a)

General Electric Company

Financial Measures That Supplement Generally Accepted Accounting Principles

We sometimes use information derived from consolidated financial information but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. Specifically, we have referred to:

·   Operating earnings and operating earnings per share (EPS)

·   Operating and non-operating pension costs (income)

·   GE Capital ending net investment (ENI), excluding cash and equivalents

The reasons we use these non-GAAP financial measures and their reconciliation to their most directly comparable GAAP financial measures follow.

Operating Earnings and Operating EPS
	Three months ended September 30,
(In millions; except earnings per share)	2013		2012		V%
Earnings from continuing operations attributable to GE	$	3,273	$	3,450	(5)%
Adjustment (net of tax): non-operating pension costs/(income)		426		348
Operating earnings	$	3,699	$	3,798	(3)%
Earnings per share – diluted(a)
Continuing earnings per share	$	0.32	$	0.33	(3)%
Adjustment (net of tax): non-operating pension costs/(income)		0.04		0.03
Operating earnings per share	$	0.36	$	0.36	-%
	Nine months ended September 30,
(In millions; except earnings per share)	2013		2012		V%
Earnings from continuing operations attributable to GE	$	10,164	$	10,339	(2)%
Adjustment (net of tax): non-operating pension costs/(income)		1,279		1,036
Operating earnings	$	11,443	$	11,375	1%
Earnings per share – diluted(a)
Continuing earnings per share	$	0.98	$	0.98	-%
Adjustment (net of tax): non-operating pension costs/(income)		0.12		0.10
Operating earnings per share	$	1.11	$	1.07	4%

(a)  Earnings-per-share amounts are computed independently. As a result, the sum of per-share amounts may not equal the total.

(1)

Operating earnings excludes non-service related pension costs of our principal pension plans comprising interest cost, expected return on plan assets and amortization of actuarial gains/losses. The service cost and prior service cost components of our principal pension plans are included in operating earnings. We believe that these components of pension cost better reflect the ongoing service-related costs of providing pension benefits to our employees. As such, we believe that our measure of operating earnings provides management and investors with a useful measure of the operational results of our business. Other components of GAAP pension cost are mainly driven by market performance, and we manage these separately from the operational performance of our businesses. Neither GAAP nor operating pension costs are necessarily indicative of the current or future cash flow requirements related to our pension plan. We also believe that this measure, considered along with the corresponding GAAP measure, provides management and investors with additional information for comparison of our operating results to the operating results of other companies.

Operating and Non-Operating Pension Costs (Income)
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	362	$	356	$	1,145	$	1,044
Prior service cost amortization		62		70		185		210
Operating pension costs		424		426		1,330		1,254
Expected return on plan assets		(875)		(939)		(2,625)		(2,830)
Interest cost on benefit obligations		615		619		1,845		1,858
Net actuarial loss amortization		916		855		2,748		2,565
Non-operating pension costs (income)		656		535		1,968		1,593
Total principal pension plans costs	$	1,080	$	961	$	3,298	$	2,847

We have provided the operating and non-operating components of cost for our principal pension plans.  Operating pension costs comprise the service cost of benefits earned and prior service cost amortization for our principal pension plans. Non-operating pension costs (income) comprise the expected return on plan assets, interest cost on benefit obligations and net actuarial loss amortization for our principal pension plans. We believe that the operating components of pension costs better reflects the ongoing service-related costs of providing pension benefits to our employees. We believe that the operating and non-operating components of cost for our principal pension plans, considered along with the corresponding GAAP measure, provide management and investors with additional information for comparison of our pension plan costs and operating results with the pension plan costs and operating results of other companies.

(2)

GE Capital Ending Net Investment (ENI), excluding cash and equivalents

	September 30,
(In billions)	2013
Financial Services (GECC) total assets	$	515.0
Adjustment: deferred income taxes		5.7
GECC total assets		520.7
Less assets of discontinued operations		(1.7)
Less non-interest bearing liabilities		(58.1)
GE Capital ENI		460.9
Less cash and equivalents		(76.3)
GE Capital ENI, excluding cash and equivalents	$	384.6

We use ENI to measure the size of our GE Capital segment. We believe that this measure is a useful indicator of the capital (debt or equity) required to fund a business as it adjusts for non-interest bearing current liabilities generated in the normal course of business that do not require a capital outlay. We also believe that by excluding cash and equivalents, we provide a meaningful measure of assets requiring capital to fund our GE Capital segment as a substantial amount of this cash resulted from debt issuances to pre-fund future debt maturities and will not be used to fund additional assets. Providing this measure will help investors measure how we are performing against our previously communicated goal to reduce the size of our financial services segment.

(3)

XML

Financial Instruments (Counterparty credit risk) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013
Counterparty credit risk
Total Collateral	$ 3,762
Fair value of collateral posted to counterparties for derivative obligations	624
Exposure To Counterparties Including Interest Net Collateral Excluding Derivatives	895
Derivative Liability After Collateral And Outstanding Interest Payments Excluding Embedded Derivatives	851
Cash [Member]
Counterparty credit risk
Total Collateral	2,056
Securities Held By Third Parties [Member]
Counterparty credit risk
Securities Held as Collateral, at Fair Value	$ 1,706

XML

Fair Value Measurements (Non-Recurring Fair Value Measurements) (Details) (USD $) In Millions, unless otherwise specified			3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013 Financing receivables and loans held for sale [Member]	Sep. 30, 2012 Financing receivables and loans held for sale [Member]	Sep. 30, 2013 Financing receivables and loans held for sale [Member]	Sep. 30, 2012 Financing receivables and loans held for sale [Member]	Sep. 30, 2013 Cost and equity method investments [Member]	Sep. 30, 2012 Cost and equity method investments [Member]	Sep. 30, 2013 Cost and equity method investments [Member]	Sep. 30, 2012 Cost and equity method investments [Member]	Sep. 30, 2013 Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2012 Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2013 Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2012 Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2013 Total [Member]	Sep. 30, 2012 Total [Member]	Sep. 30, 2013 Total [Member]	Sep. 30, 2012 Total [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 2 [Member] Financing receivables and loans held for sale [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 2 [Member] Financing receivables and loans held for sale [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 2 [Member] Cost and equity method investments [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 2 [Member] Cost and equity method investments [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 2 [Member] Long Lived Assets, Including Real Estate [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 2 [Member] Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 2 [Member] Total [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 2 [Member] Total [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 3 [Member] Financing receivables and loans held for sale [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 3 [Member] Financing receivables and loans held for sale [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 3 [Member] Cost and equity method investments [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 3 [Member] Cost and equity method investments [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 3 [Member] Long Lived Assets, Including Real Estate [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 3 [Member] Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 3 [Member] Total [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 3 [Member] Total [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value assets measured on non recurring basis	$ 2,447	$ 2,412																	$ 148	$ 366	$ 1	$ 8	$ 946	$ 702	$ 1,095	$ 1,076	$ 2,693	$ 4,094	$ 954	$ 313	$ 2,126	$ 2,182	$ 5,773	$ 6,589
Adjustments To Assets Measured At Fair Value On Non Recurring Basis			$ (107)	$ (225)	$ (257)	$ (411)	$ (45)	$ (50)	$ (276)	$ (105)	$ (366)	$ (451)	$ (855)	$ (650)	$ (518)	$ (726)	$ (1,388)	$ (1,166)

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Fair Value Measurements (Parenthetical) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended			3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended																										3 Months Ended		9 Months Ended			3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013 Cost and equity method investments [Member]	Sep. 30, 2012 Cost and equity method investments [Member]	Sep. 30, 2013 Cost and equity method investments [Member]	Sep. 30, 2012 Cost and equity method investments [Member]	Sep. 30, 2013 Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2012 Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2013 Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2012 Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 3 [Member] Cost and equity method investments [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 3 [Member] Cost and equity method investments [Member]	Sep. 30, 2013 Fair Value, Inputs, Level 3 [Member] Long Lived Assets, Including Real Estate [Member]	Dec. 31, 2012 Fair Value, Inputs, Level 3 [Member] Long Lived Assets, Including Real Estate [Member]	Sep. 30, 2013 Retained Interest [Member]	Jun. 30, 2013 Retained Interest [Member]	Dec. 31, 2012 Retained Interest [Member]	Sep. 30, 2012 Retained Interest [Member]	Jun. 30, 2012 Retained Interest [Member]	Dec. 31, 2011 Retained Interest [Member]	Sep. 30, 2013 Retained Interest [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2012 Retained Interest [Member] Fair Value, Inputs, Level 3 [Member]	Sep. 30, 2013 Derivatives [Member]	Jun. 30, 2013 Derivatives [Member]	Dec. 31, 2012 Derivatives [Member]	Sep. 30, 2012 Derivatives [Member]	Jun. 30, 2012 Derivatives [Member]	Dec. 31, 2011 Derivatives [Member]	Sep. 30, 2013 Other 1 [Member]	Jun. 30, 2013 Other 1 [Member]	Dec. 31, 2012 Other 1 [Member]	Sep. 30, 2012 Other 1 [Member]	Jun. 30, 2012 Other 1 [Member]	Dec. 31, 2011 Other 1 [Member]	Sep. 30, 2013 Private Equity And Real Estate Funds [Member]	Sep. 30, 2012 Private Equity And Real Estate Funds [Member]	Sep. 30, 2013 Private Equity And Real Estate Funds [Member]	Sep. 30, 2012 Private Equity And Real Estate Funds [Member]	Dec. 31, 2012 Private Equity And Real Estate Funds [Member]	Sep. 30, 2013 Real Estate Equity Properties And Investments [Member]	Sep. 30, 2012 Real Estate Equity Properties And Investments [Member]	Sep. 30, 2013 Real Estate Equity Properties And Investments [Member]	Sep. 30, 2012 Real Estate Equity Properties And Investments [Member]
Fair Value Of Securities Transferred Between Level One And Level Two			$ 2
Cumulative gain (loss) adjustment for non performance risk	(6)		(6)		(15)
Investments, Fair Value Disclosure																								78	83
Cash Accruals Not Included In Schedule Assets Measured For Fair Value On Recurring Basis	8	4	8	4
Fair value assets measured on non recurring basis	2,447		2,447		2,412									954	313	2,126	2,182																					72		72		84
Adjustments To Assets Measured At Fair Value On Non Recurring Basis						(45)	(50)	(276)	(105)	(366)	(451)	(855)	(650)																									(4)	(1)	(11)	(3)
Impairment of Long-Lived Assets Held-for-use																																											12	71	226	126
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	2,894		2,894		3,146													78	93	83	29	31	35			171	167	416	358	348	369	718	854	799	781	785	817
Individually Insignificant Recurring Fair Value Measurements	343		343		370
Individually Insignificant NonRecurring Fair Value Measurements	$ 402		$ 402		$ 285

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Intercompany Transactions (Details) (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Intercompany Transactions [Line Items]
Net Increase Decrease In Parent Customer Receivables Sold To Finance Subsidiary That Have Been Eliminated From Consolidated Cash From Investing Activities	$ (900)	$ 209
Net Increase Decrease In Parent Customer Receivables Sold To Finance Subsidiary That Have Been Eliminated From Consolidated Cash From Financing Activities	(18)	(150)
Net Increase Decrease In Parent Customer Receivables Sold To Finance Subsidiary That Have Been Eliminated From Consolidated Cash From Operating Activities	918	(59)
Intercompany borrowings	146	258
Eliminations of other reclassifications and eliminations from consolidated cash from operating activities	603	(101)
Eliminations of other reclassifications and eliminations from consolidated cash from investing activities	(655)	(141)
Net Cash Provided by (Used in) Operating Activities	17,162	20,078
Net Cash Provided by (Used in) Investing Activities	32,022	12,535
Net Cash Provided by (Used in) Financing Activities	(38,997)	(32,906)
Consolidation, Eliminations [Member]
Intercompany Transactions [Line Items]
Dividend Paid By Finance Subsidiary To Parent	3,947	5,446
Net Cash Provided by (Used in) Operating Activities	(2,426)	(5,606)
Net Cash Provided by (Used in) Investing Activities	(1,555)	68
Net Cash Provided by (Used in) Financing Activities	$ 4,075	$ 5,554

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Postretirement Benefit Plans

9 Months Ended

Sep. 30, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Postretirement Benefit Plans

9. POSTRETIREMENT BENEFIT PLANS

We sponsor a number of pension and retiree health and life insurance benefit plans. Principal pension plans are the GE Pension Plan and the GE Supplementary Pension Plan. Principal retiree benefit plans provide health and life insurance benefits to certain eligible participants and these participants share in the cost of the healthcare benefits. Salaried employees who commence service on or after January 1, 2011and any employee who commences service on or after January 1, 2012are not eligible to participate in the GE Pension Plan, but will participate in a defined contribution retirement program. In 2012, we amended our principal retiree benefit plans such that, effective January 1, 2015, our post-65 retiree medical plans will be closed to salaried and retired salaried employees who are not enrolled in the plans as of that date, and we will no longer offer company-provided life insurance in retirement for certain salaried employees who retire after that date. Other pension plans include the U.S. and non-U.S. pension plans with pension assets or obligations greater than $50 million. Smaller pension plans and other retiree benefit plans are not material individually or in the aggregate. The effect on operations of the pension plans follows.

	Principal Pension Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	362	$	356	$	1,145	$	1,044
Prior service cost amortization		62		70		185		210
Expected return on plan assets		(875)		(939)		(2,625)		(2,830)
Interest cost on benefit obligation		615		619		1,845		1,858
Net actuarial loss amortization		916		855		2,748		2,565
Pension plans cost	$	1,080	$	961	$	3,298	$	2,847

	Other Pension Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	130	$	98	$	330	$	292
Prior service cost amortization		2		1		6		3
Expected return on plan assets		(170)		(155)		(496)		(467)
Interest cost on benefit obligation		135		128		392		385
Net actuarial loss amortization		85		69		256		209
Pension plans cost	$	182	$	141	$	488	$	422

The effect on operations of principal retiree health and life insurance plans follows.

	Principal Retiree Health
	and Life Insurance Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	43	$	58	$	168	$	168
Prior service cost amortization		98		126		294		418
Expected return on plan assets		(15)		(19)		(45)		(56)
Interest cost on benefit obligation		101		123		309		381
Net actuarial loss (gain) amortization		(16)		8		(28)		8
Net curtailment / other gain		-		(39)		-		(39)
Retiree benefit plans cost	$	211	$	257	$	698	$	880

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Investment Securities (Investment) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013 Subsidiaries GECC [Member]	Sep. 30, 2012 Subsidiaries GECC [Member]	Sep. 30, 2013 Subsidiaries GECC [Member]	Sep. 30, 2012 Subsidiaries GECC [Member]	Jun. 30, 2013 Debt Securities [Member]	Dec. 31, 2012 Debt Securities [Member]	Jun. 30, 2012 Debt Securities [Member]	Dec. 31, 2011 Debt Securities [Member]	Sep. 30, 2013 Domestic Corporate Debt Securities [Member] Subsidiaries [Member]	Dec. 31, 2012 Domestic Corporate Debt Securities [Member] Subsidiaries [Member]	Sep. 30, 2013 Domestic Corporate Debt Securities [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Domestic Corporate Debt Securities [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Domestic Corporate Debt Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Domestic Corporate Debt Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Domestic Corporate Debt Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Domestic Corporate Debt Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 US States and Political Subdivisions Debt Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 US States and Political Subdivisions Debt Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 US States and Political Subdivisions Debt Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 US States and Political Subdivisions Debt Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Residential Mortgage Backed Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Residential Mortgage Backed Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Residential Mortgage Backed Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Residential Mortgage Backed Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Commercial Mortgage Backed Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Commercial Mortgage Backed Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Commercial Mortgage Backed Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Commercial Mortgage Backed Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Asset-backed Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Asset-backed Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Asset-backed Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Asset-backed Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Foreign Corporate Debt Securities [Member] Subsidiaries [Member]	Dec. 31, 2012 Foreign Corporate Debt Securities [Member] Subsidiaries [Member]	Sep. 30, 2013 Foreign Corporate Debt Securities [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Foreign Corporate Debt Securities [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Foreign Corporate Debt Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Foreign Corporate Debt Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Foreign Corporate Debt Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Foreign Corporate Debt Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Foreign Government Debt Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Foreign Government Debt Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Foreign Government Debt Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Foreign Government Debt Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 US Treasury and Government [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 US Treasury and Government [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 US Treasury and Government [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 US Treasury and Government [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Retained Interest [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Retained Interest [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Available-for-sale Securities [Member] Subsidiaries [Member]	Dec. 31, 2012 Available-for-sale Securities [Member] Subsidiaries [Member]	Sep. 30, 2013 Available-for-sale Securities [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Available-for-sale Securities [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Available-for-sale Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Available-for-sale Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Trading Securities [Member] Subsidiaries [Member]	Dec. 31, 2012 Trading Securities [Member] Subsidiaries [Member]	Sep. 30, 2013 Trading Securities [Member] Subsidiaries [Member] Amortized Cost [Member]	Dec. 31, 2012 Trading Securities [Member] Subsidiaries [Member] Amortized Cost [Member]	Sep. 30, 2013 Trading Securities [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Trading Securities [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Trading Securities [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Trading Securities [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Trading Securities [Member] Subsidiaries GECC [Member] Amortized Cost [Member]	Dec. 31, 2012 Trading Securities [Member] Subsidiaries GECC [Member] Amortized Cost [Member]	Sep. 30, 2013 Trading Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Trading Securities [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Consolidation, Eliminations [Member]	Dec. 31, 2012 Consolidation, Eliminations [Member]	Sep. 30, 2013 Consolidation, Eliminations [Member] Amortized Cost [Member]	Dec. 31, 2012 Consolidation, Eliminations [Member] Amortized Cost [Member]	Sep. 30, 2013 Consolidation, Eliminations [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Consolidation, Eliminations [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Sub Total [Member] Subsidiaries [Member]	Dec. 31, 2012 Sub Total [Member] Subsidiaries [Member]	Sep. 30, 2013 Sub Total [Member] Subsidiaries [Member] Amortized Cost [Member]	Dec. 31, 2012 Sub Total [Member] Subsidiaries [Member] Amortized Cost [Member]	Sep. 30, 2013 Sub Total [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Sub Total [Member] Subsidiaries [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Sub Total [Member] Subsidiaries GECC [Member]	Dec. 31, 2012 Sub Total [Member] Subsidiaries GECC [Member]	Sep. 30, 2013 Sub Total [Member] Subsidiaries GECC [Member] Amortized Cost [Member]	Dec. 31, 2012 Sub Total [Member] Subsidiaries GECC [Member] Amortized Cost [Member]	Sep. 30, 2013 Sub Total [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Sub Total [Member] Subsidiaries GECC [Member] Estimated Fair Value [Member]	Sep. 30, 2013 Total [Member]	Dec. 31, 2012 Total [Member]	Sep. 30, 2013 Total [Member] Amortized Cost [Member]	Dec. 31, 2012 Total [Member] Amortized Cost [Member]	Sep. 30, 2013 Total [Member] Estimated Fair Value [Member]	Dec. 31, 2012 Total [Member] Estimated Fair Value [Member]
Investment [Line Items]
Debt and AFS securities, Amortized cost													$ 22	$ 39			$ 20,050	$ 20,233			$ 4,187	$ 4,084			$ 1,944	$ 2,198			$ 2,919	$ 2,930			$ 6,533	$ 5,784			$ 13	$ 6			$ 1,893	$ 2,391			$ 2,370	$ 1,617			$ 839	$ 3,462			$ 67	$ 76	$ 37	$ 26			$ 208	$ 513
Trading Securities																																																															10	3	10	3			142	245	142	245
Marketable Securities																																																																											(4)	(3)	(4)	(3)			82	74	96	74			41,152	43,533	43,805	48,439			41,230	43,604	43,897	48,510
Debt securities, Gross unrealized gains													10	0			2,516	4,201			246	575			146	183			194	259			8	31			1	0			101	150			86	149			52	103
Retained interests, Gross unrealized gain																																																					11	7	3	0			46	86													0	0					14	0					3,406	5,744					3,420	5,744
Trading Securities, Unrealized Holding Gain																																																													0	0					0	0
Debt securities, Gross unrealized losses													0	0			(209)	(302)			(189)	(113)			(59)	(119)			(88)	(95)			(62)	(77)			0	0			(96)	(126)			(7)	(3)			(40)	0
Available-for-sale Equity Securities, Gross Unrealized Loss																																																							0	0			(3)	(3)
Trading Securities, Unrealized Holding Loss																																																													0	0					0	0
Retained interests, Gross unrealized loss																																																					0	0																			0	0					0	0					(753)	(838)					(753)	(838)
Debt securities, Estimated fair value															32	39			22,357	24,132			4,244	4,546			2,031	2,262			3,025	3,094			6,479	5,738			14	6			1,898	2,415			2,449	1,763			851	3,565
Retained interests, Estimated fair value																																																					78	83
Available-for-sale Securities, Equity, Estimated fair value																																																									40	26	251	596
Net pre-tax gains (loss) on trading securities	(2)	1	49	37
Marketable securities OTTI amounts	62	25	523	90
Cumulative impairments recognized in earnings associated with debt securities									945	588	578	726
Marketable securities OTTI recorded in AOCI	6	0	36	1
Marketable Securities, Realized Loss, Other than Temporary Impairments, Amount					56	25	467	89
Incremental Charges On Previously Impaired Investment Securities	42	13	61	25
Other Than Temporary Impairment Related To Equity Securities	13	0	14	24
Other Than Temporary First Time Impairments Of Investment Securities Recognized In Earnings	0	0	385	10
Guarantee Provided By Parent Offset			96
Other Than Temporary Impairment Related To Securities Subsequently Sold	52	39	99	209
Proceeds from Sale of Available-for-sale Securities	2,890	2,696	16,828	9,200
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities	$ 56	$ 25	$ 487	$ 89

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Condensed Consolidated Statement of Changes in Shareowners' Equity (Unaudited) (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012
Statement Of Changes In Shareowners Equity [Abstract]
GE shareowners' equity balance at January 1	$ 123,026		$ 116,438
Net earnings (loss) attributable to the Company	9,851		9,630
Dividends and other transactions with shareowners	(5,839)		(5,390)
Other comprehensive income attributable to Company	2,367		3,653
Net sales (purchases) of shares for treasury	(6,454)		(1,205)
Changes in other capital	(259)		(574)
Ending balance at September 30	122,692		122,552
Noncontrolling interests	6,353	[1]	5,464
Total equity balance at September 30	$ 129,045		$ 128,016

[1] (d) Included accumulated other comprehensive income (loss) attributable to noncontrolling interests of $(176) million and $(155) million at September 30, 2013 and December 31, 2012, respectively.

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Assets and Liabilities of Businesses Held For Sale and Discontnued Operations

9 Months Ended

Sep. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Assets and Liabilities Of Business Held For Sale and Discontinued Operations

2.ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS

Assets and Liabilities of Businesses Held for Sale

In the first quarter of 2013, we committed to sell certain of our machining and fabrication businesses at Aviation and our Consumer auto and personal loan business in Portugal. We completed the sale of our Consumer auto and personal loan business in Portugal on July 15, 2013 for proceeds of $83 million.

In the second quarter of 2012, we committed to sell a portion of our Business Properties portfolio (Business Property) in Real Estate, including certain commercial loans, the origination and servicing platforms and the servicing rights on loans previously securitized by GECC. We completed the sale of Business Property on October 1, 2012 for proceeds of $2,406 million. We deconsolidated substantially all Real Estate securitization entities in the fourth quarter of 2012 as servicing rights related to these entities were transferred to the buyer at closing.

Summarized financial information for businesses held for sale is shown below.

	At
	September 30,		December 31,
(In millions)	2013		2012
Assets
Cash and equivalents	$	4	$	74
Financing receivables – net		-		47
Property, plant and equipment – net		26		31
Other intangible assets – net		20		9
Other		119		50
Assets of businesses held for sale	$	169	$	211
Liabilities
Short-term borrowings	$	-	$	138
Other		42		19
Liabilities of businesses held for sale	$	42	$	157

NBCU

On March 19, 2013, we closed a transaction to sell our remaining 49% common equity interest in NBCUniversal LLC (NBCU LLC) to Comcast Corporation (Comcast) for total consideration of $16,722 million, consisting of $11,997 million in cash, $4,000 million in Comcast guaranteed debt and $725 million in preferred stock. The $4,000 million of debt and the $725 million of preferred shares were both issued by a wholly-owned subsidiary of Comcast. During the three months ended March 31, 2013, but subsequent to the closing of the transaction, both of these instruments were sold at approximately par value. In addition, Comcast is obligated to share with us potential tax savings associated with Comcast's purchase of our NBCU LLC interest,if realized. We did not recognize these potential future payments as consideration for the sale, but will record such payments in income as they are received. GECC also sold real estate comprising certain floors located at 30 Rockefeller Center, New York and the CNBC property located in Englewood Cliffs, New Jersey to affiliates of NBCU LLC for $1,430 million in cash.

As a result of the transactions, we recognized a pre-tax gain of $1,096 million ($825million after tax) on the sale of our 49% common equity interest in NBCU LLC and $921million ($564million after tax) on the sale of GECC's real estate properties.

Discontinued Operations

Discontinued operations primarily comprised GE Money Japan (our Japanese personal loan business, Lake, and our Japanese mortgage and card businesses, excluding our investment in GE Nissen Credit Co., Ltd.), our U.S. mortgage business (WMC), our Consumer mortgage lending business in Ireland (Consumer Ireland) and our CLL trailer services business in Europe (CLL Trailer Services). Associated results of operations, financial position and cash flows are separately reported as discontinued operations for all periods presented.

Summarized financial information for discontinued operations is shown below.

	Three months ended September 30,				Nine months ended September 30,
(In millions)		2013		2012		2013		2012
Operations
Total revenues and other income (loss)	$	79	$	(17)	$	109	$	(160)
Earnings (loss) from discontinued operations
before income taxes	$	2	$	(139)	$	(157)	$	(587)
Benefit (provision) for income taxes		9		30		151		187
Earnings (loss) from discontinued operations,
net of taxes	$	11	$	(109)	$	(6)	$	(400)
Disposal
Gain (loss) on disposal before income taxes	$	(108)	$	(4)	$	(390)	$	(506)
Benefit (provision) for income taxes		15		154		83		197
Gain (loss) on disposal, net of taxes	$	(93)	$	150	$	(307)	$	(309)
Earnings (loss) from discontinued operations,
net of taxes(a)	$	(82)	$	41	$	(313)	$	(709)

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

	At
	September 30,		December 31,
(In millions)	2013		2012
Assets
Cash and equivalents	$	108	$	102
Property, plant and equipment - net		474		699
Other		1,091		1,507
Assets of discontinued operations	$	1,673	$	2,308
Liabilities
Deferred income taxes	$	323	$	372
Other		2,077		2,079
Liabilities of discontinued operations	$	2,400	$	2,451

Assets at September 30, 2013 and December 31, 2012 primarily comprised cash, property, plant and equipment - net and a deferred tax asset for a loss carryforward, which expires principally in 2017 and in part in 2019, related to the sale of our GE Money Japan business.

GE Money Japan

During the third quarter of 2008, we completed the sale of GE Money Japan, which included our Japanese personal loan business. Under the terms of the sale, we reduced the proceeds for estimated refund claims in excess of the statutory interest rate. Proceeds from the sale were to be increased or decreased based on the actual claims experienced in accordance with loss-sharing terms specified in the sale agreement, with all claims in excess of 258 billion Japanese yen (approximately $3,000 million) remaining our responsibility. The underlying portfolio to which this obligation relates is in runoff and interest rates were capped for all designated accounts by mid-2009. In the third quarter of 2010, we were required to begin making reimbursements under this arrangement.

Overall, excess interest refund claims experience has been difficult to predict and subject to several adverse factors, including the challenging global economic conditions over the last few years, the financial status of other Japanese personal lenders (including the 2010 bankruptcy of a large independent personal loan company), substantial ongoing legal advertising, and consumer behavior. Our reserves declined from $700 million at December 31, 2012, to $527 million at September 30, 2013, as claim payments and the effects of a strengthening U.S. dollar against the Japanese yenwere partially offset by an increase to reserves of $205 million. In determining reserve levels, we consider analyses of recent and historical claims experience, as well as pending and estimated future refund requests, adjusted for the estimated percentage of customers who present valid requests and associated estimated payments. We determined our reserve assuming the pace of incoming claims will decelerate, that average exposure per claim remains consistent with recent experience, and that we continue to see the impact of loss mitigation efforts. Since our disposition of the business, incoming claims have continued to decline; however, it is highly variable and difficult to predict the pace and pattern of that decline and such assumptions have a significant effect on the total amount of our liability. Holding all other assumptions constant, an adverse change of 20% and 50% in assumed incoming daily claim rate reduction (resulting in an extension of the claim period and higher incoming claims), would result in an increase to our reserve of approximately $75 million and $400 million, respectively. We continue to closely monitor and evaluate claims activity.

Based on the uncertainties discussed above, and considering other environmental factors in Japan, including the runoff status of the underlying book of business, challenging economic conditions, the impact of laws and regulations (including consideration of proposed legislation that could impose a framework for collective legal action proceedings), and the financial status of other local personal lending companies, it is difficult to develop a meaningful estimate of the aggregate possible claims exposure. These uncertainties and factors could have an adverse effect on claims development.

GE Money Japan earnings (loss) from discontinued operations, net of taxes, were $(80)million and $(9)million in the three months ended September 30, 2013 and 2012, respectively, and $(196) million and $(363) million in the nine months ended September 30, 2013and 2012, respectively.

WMC

During the fourth quarter of 2007, we completed the sale of WMC, our U.S. mortgage business. WMC substantially discontinued all new loan originations by the second quarter of 2007, and is not a loan servicer. In connection with the sale, WMCretained certain representation and warranty obligations related to loans sold to third parties prior to the disposal of the business and contractual obligations to repurchase previously sold loans as to which there was an early payment default. All claims received by WMC for early payment default have either been resolved or are no longer being pursued.

Pending repurchase claims based upon representations and warranties made in connection with loan sales were $6,311 million at September 30, 2013, $5,357 million at December 31, 2012 and $705 million at December 31, 2011. Pending claims represent those active repurchase claims that identify the specific loans tendered for repurchase and, for each loan, the alleged breach of a representation or warranty. As such, they do not include unspecified repurchase claims, such as the Litigation Claims discussed below, or claims relating to breaches of representations that were made more than six years before WMC was notified of the claim. WMC believes that these repurchase claims do not meet the substantive and procedural requirements for tender under the governing agreements, would be disallowed in legal proceedings under applicable statutes of limitations or are otherwise invalid. The amounts reported in pending claims reflect the purchase price or unpaid principal balances of the loans at the time of purchase and do not give effect to pay downs, accrued interest or fees, or potential recoveries based upon the underlying collateral. Historically, a small percentage of the total loans WMC originated and sold have been treated as “validly tendered,” meaning the loan was subject to repurchase because there was a breach of a representation and warranty that materially and adversely affected the value of the loan, and the demanding party met all other procedural and substantive requirements for repurchase.

Reserves related to WMC pending and estimated future loan repurchase claims were $800million at September 30, 2013, reflecting an increase to reserves in the ninemonths ended September 30, 2013 of $167 million due to incremental claim activity and updates to WMC's estimate of future losses. The amount of these reserves is based upon pending and estimated future loan repurchase requests, WMC's historical loss experience and evaluation of claim activity on loans tendered for repurchase. 

The following table provides a roll forward of the reserve and pending repurchase claims.

	Reserve					Pending claims
(In millions)		Three months ended September 30, 2013		Nine months ended September 30, 2013	(In millions)		Three months ended September 30, 2013		Nine months ended September 30, 2013
Reserve, beginning of period	$	787	$	633	Pending claims, beginning of period	$	6,335	$	5,357
Provision		18		172	New claims		-		978
Claim resolutions/ rescissions		(5)		(5)	Claim resolutions/ rescissions		(24)		(24)
Reserve, end of period	$	800	$	800	Pending claims, end of period	$	6,311	$	6,311

Given the significant recent activity in pending claims and related litigation filed in connection with such claims, it is difficult to assess whether future losses will be consistent with WMC's past experience. Adverse changes to WMC's assumptions supporting the reserve for pending and estimated future loan repurchase claims may result in an increase to these reserves. For example, a 50% increase in the estimate of future loan repurchase requests and a 100% increase in the estimated loss rate on loans tendered (and assuming settlements at current demands), would result in an increase to the reserves of approximately $525million.

There are 16 lawsuits involving claims made against WMC arising from alleged breaches of representations and warranties on mortgage loans included in 15 securitizations. WMC initiated three of the cases as the plaintiff; in the other cases WMC is a defendant. The adverse parties in these cases are securitization trustees or parties claiming to act on their behalf. In 12 of these lawsuits, the adverse parties seek compensatory or other relief for mortgage loans beyond those included in WMC's previously discussed pending claims at September 30, 2013 (Litigation Claims). These Litigation Claims consist of sampling-based claims in two cases on approximately $900 million of mortgage loans and, in the other ten cases, claims for repurchase or damages based on the alleged failure to provide notice of defective loans, breach of a corporate representation and warranty, and/or non-specific claims for rescissionary damages on approximately $5,700 million of mortgage loans. These claims reflect the purchase price or unpaid principal balances of the loans at the time of purchase and do not give effect to pay downs, accrued interest or fees, or potential recoveries based upon the underlying collateral. As noted above, WMC believes that the Litigation Claims conflict with the governing agreements and applicable law. As a result, WMC has not included the Litigation Claims in its pending claims or in its estimates of future loan repurchase requests and holds no related reserve as of September 30, 2013.

At this point, WMC is unable to develop a meaningful estimate of reasonably possible loss in connection with the Litigation Claims described above due to a number of factors, including the extent to which courts will agree with the theories supporting the Litigation Claims. The case law on these issues is unsettled, and while several courts have supported some of the theories underlying WMC's legal defenses, other courts have rejected them.There are a number of pending cases, including WMC cases, which, in the coming months, could provide more certainty regarding the legal status of these claims. An adverse court decision on any of the theories supportingthe Litigation Claims couldincrease WMC's exposure in some or all of the 16lawsuits,result in a reclassification of some or all of the Litigation Claims to Pending Claims and provoke new claims and lawsuits on additional loans. However, WMC continues to believe that it has defenses to all the claims asserted in litigation, including, for example, causation and materiality requirements, limitations on remedies for breach of representations and warranties, and the applicable statutes of limitations. To the extent WMC is required to repurchase loans, WMC's loss also would be affected by several factors, including pay downs, accrued interest and fees, and the value of the underlying collateral. It is not possible to predict the outcome or impact of these defenses and other factors, any one of which could materially affect the amount of any loss ultimately incurred by WMC on these claims.

WMC has received claims on approximately $1,000 million of mortgage loans after the expiration of the statute of limitationsas ofSeptember 30, 2013, $700 million of which are also included as Litigation Claims.Subsequent to September 30, 2013, WMC has received approximately $600 million of additional claims tendered after the six-year anniversary of the securitization. WMC has also received unspecified indemnification demands from depositors/underwriters/sponsors of residential mortgage-backed securities (RMBS) in connection with lawsuits brought by RMBS investors concerning alleged misrepresentations in the securitization offering documents to which WMC is not a party. WMC believes that it has defenses to these demands.

The reserve estimates reflect judgment, based on currently available information, and a number of assumptions, including economic conditions, claim activity, pending and threatened litigation, indemnification demands, estimated repurchase rates, and other activity in the mortgage industry. Actual losses arising from claims against WMC could exceed the reserve amount and additional claims and lawsuits could result if actual claim rates, governmental actions, litigation and indemnification activity, adverse court decisions, settlement activity, actual repurchase rates or losses WMC incurs on repurchased loans differ from its assumptions.It is difficult to develop a meaningful estimate of aggregate possible claims exposure because of uncertainties surrounding economic conditions, the ability and propensity of mortgage loan holders to present and resolve valid claims, governmental actions, mortgage industry activity and litigation, court decisions affecting WMC's defenses, and pending and threatened litigation and indemnification demands against WMC.

WMC revenues and other income (loss) from discontinued operations were $(13) million and $(117) million in the three months ended September 30, 2013 and 2012, respectively, and $(167) million and $(475)million in the nine months ended September 30, 2013and 2012, respectively. WMC's losses from discontinued operations, net of taxes, were$11 million and $78 million in the three months ended September 30, 2013 and 2012, respectively, and $116 million and $314 million in the nine months ended September 30, 2013and 2012, respectively.

Other Financial Services

In the first quarter of 2013, we announced the planned disposition of CLL Trailer Services and classified the business as discontinued operations. CLL Trailer Services revenues and other income (loss) from discontinued operations were $91 million and $95 million in the three months ended September 30, 2013 and 2012, respectively, and $274 million and $301 million in the nine months ended September 30, 2013and 2012, respectively. CLL Trailer Services earnings (loss) from discontinued operations, net of taxes, were $(9) million and $5 million in the three months ended September 30, 2013 and 2012, respectively, and $(19) million (including a $118 million loss on disposal) and $24 million in the nine months ended September 30, 2013 and 2012, respectively.

In the first quarter of 2012, we announced the planned disposition of Consumer Ireland and classified the business as discontinued operations.We completed the sale in the third quarter of 2012 for proceeds of $227 million. Consumer Ireland revenues and other income (loss) from discontinued operations were an insignificant amountand $1 million in the three months ended September 30, 2013 and 2012, respectively, and an insignificant amount and $7 million in the nine months ended September 30, 2013 and 2012, respectively. Consumer Ireland earnings (loss)from discontinued operations, net of taxes,were$6million and $(8) million in the three months ended September 30, 2013 and 2012, respectively, and $7 million and $(194) million (including a $121 million loss on disposal) in the ninemonths ended September 30, 2013 and 2012, respectively.

GE Industrial

GE industrial earnings (loss) from discontinued operations, net of taxes, were $1 million and $148 million inthe three months ended September 30, 2013 and 2012, respectively, and an insignificant amountand $148 million in the nine months ended September 30, 2013 and 2012, respectively. During the third quarter of 2012, we resolved with the Internal Revenue Service the tax treatment of the 2007 disposition of our Plastics business, resulting in a tax benefit of $148 million. The sum of GE industrial earnings (loss) from discontinued operations, net of taxes, and GECC earnings (loss) from discontinued operations, net of taxes, is reported as GE earnings (loss) from discontinued operations, net of taxes, on the Condensed Statement of Earnings.

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Financial Instruments

9 Months Ended

Sep. 30, 2013

Financial Instruments [Abstract]

Financial Instruments

16. FINANCIAL INSTRUMENTS

The following table provides information about the assets and liabilities not carried at fair value in our Condensed Statement of Financial Position. The table excludes finance leases and non-financial assets and liabilities. Substantially all of the assets discussed below are considered to be Level 3. The vast majority of our liabilities'fair value can be determined based on significant observable inputs and thus considered Level 2. Few of the instruments are actively traded and their fair values must often be determined using financial models. Realization of the fair value of these instruments depends upon market forces beyond our control, including marketplace liquidity. For a description on how we estimate fair value, see Note 22 in our 2012consolidated financial statements.

	September 30, 2013						December 31, 2012
			Assets (liabilities)						Assets (liabilities)
			Carrying						Carrying
	Notional		amount		Estimated		Notional		amount		Estimated
(In millions)	amount		(net)		fair value		amount		(net)		fair value
GE
Assets
Investments and notes
receivable	$	(a)	$	440	$	448	$	(a)	$	222	$	222
Liabilities
Borrowings(b)		(a)		(12,595)		(13,123)		(a)		(17,469)		(18,619)
GECC
Assets
Loans		(a)		224,691		228,490		(a)		236,678		239,084
Other commercial mortgages		(a)		2,012		1,956		(a)		2,222		2,249
Loans held for sale		(a)		357		357		(a)		1,180		1,181
Other financial instruments(c)		(a)		1,720		2,247		(a)		1,858		2,276
Liabilities
Borrowings and bank
deposits(b)(d)		(a)		(376,060)		(388,415)		(a)		(397,300)		(414,533)
Investment contract benefits		(a)		(3,186)		(3,745)		(a)		(3,321)		(4,150)
Guaranteed investment
contracts		(a)		(1,521)		(1,531)		(a)		(1,644)		(1,674)
Insurance – credit life(e)		2,155		(112)		(95)		2,277		(120)		(104)

(a)These financial instruments do not have notional amounts.

(b)See Note 8.

(c)Principally cost method investments.

(d)Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at September 30, 2013 and December 31, 2012 would have been reduced by $2,851 million and $7,937 million, respectively.

(e)Net of reinsurance of $1,250 million and $2,000 million atSeptember 30, 2013 and December 31, 2012, respectively.

Loan Commitments
	Notional amount at
	September 30,		December 31,
(In millions)	2013		2012
Ordinary course of business lending commitments(a)	$	4,781	$	3,708
Unused revolving credit lines(b)
Commercial(c)		15,095		17,929
Consumer – principally credit cards		284,855		271,387

(a)Excluded investment commitments of $1,615 million and $1,276 million as of September 30, 2013 and December 31, 2012, respectively.

(b)Excluded inventory financing arrangements, which may be withdrawn at our option, of $14,233 million and $12,813 million as of September 30, 2013 and December 31, 2012, respectively.

(c)Included commitments of $10,776 million and $12,923 million as of September 30, 2013 and December 31, 2012, respectively, associated with secured financing arrangements that could have increased to a maximum of $13,461 million and $15,731 million at September 30, 2013 and December 31, 2012, respectively, based on asset volume under the arrangement.

Securities Repurchase and Reverse Repurchase Arrangements

Our issuances of securities repurchase agreements are insignificant and are limited to activities at certain of our foreign banks primarily for purposes of liquidity management. At September 30, 2013, we were party to repurchase agreements totaling $12 million, which were reported in short-term borrowings on the financial statements. We have had no repurchase agreements that were accounted for as off-book financing and we do not engage in securities lending transactions.

We also enter into reverse securities repurchase agreements primarily for short-term investment with maturities of 90 days or less. At September 30, 2013, we were party to reverse repurchase agreements totaling $20.4 billion, which were reported in cash and equivalents on the financial statements. Under these reverse securities repurchase agreements, we typically lend available cash at a specified rate of interest and hold U.S. or highly-rated European government securities as collateral during the term of the agreement. Collateral value is in excess of amounts loaned under the agreements.

Derivatives and hedging

As a matter of policy, we use derivatives for risk management purposes, and we do not use derivatives for speculative purposes. A key risk management objective for our financial services businesses is to mitigate interest rate and currency risk by seeking to ensure that the characteristics of the debt match the assets they are funding. If the form (fixed versus floating) and currency denomination of the debt we issue do not match the related assets, we typically execute derivatives to adjust the nature and tenor of funding to meet this objective within pre-defined limits. The determination of whether we enter into a derivative transaction or issue debt directly to achieve this objective depends on a number of factors, including market related factors that affect the type of debt we can issue.

The notional amounts of derivative contracts represent the basis upon which interest and other payments are calculated and are reported gross, except for offsetting foreign currency forward contracts that are executed in order to manage our currency risk of net investment in foreign subsidiaries. Of the outstanding notional amount of $319,000 million, approximately 86% or $275,000 million, is associated with reducing or eliminating the interest rate, currency or market risk between financial assets and liabilities in our financial services businesses. The remaining derivative activities primarily relate to hedging against adverse changes in currency exchange rates and commodity prices related to anticipated sales and purchasesand contracts containing certain clauses that meet the accounting definition of a derivative. The instruments used in these activities are designated as hedges when practicable. When we are not able to apply hedge accounting, or when the derivative and the hedged item are both recorded in earnings concurrently, the derivatives are deemed economic hedges and hedge accounting is not applied. This most frequently occurs when we hedge a recognized foreign currency transaction (e.g., a receivable or payable) with a derivative. Since the effects of changes in exchange rates are reflected concurrently in earnings for both the derivative and the transaction, the economic hedge does not require hedge accounting.

The following table provides information about the fair value of our derivatives, by contract type, separating those accounted for as hedges and those that are not.

	At
	September 30, 2013				December 31, 2012
	Fair value				Fair value
(In millions)		Assets		Liabilities		Assets		Liabilities
Derivatives accounted for as hedges
Interest rate contracts	$	4,339		1,630	$	8,443	$	719
Currency exchange contracts		906		1,593		890		1,777
Other contracts		1		3		1		-
		5,246		3,226		9,334		2,496
Derivatives not accounted for as hedges
Interest rate contracts		304		158		452		195
Currency exchange contracts		1,589		1,792		1,797		691
Other contracts		203		44		283		72
		2,096		1,994		2,532		958
Gross derivatives recognized in statement of
financial position
Gross derivatives		7,342		5,220		11,866		3,454
Gross accrued interest		1,199		102		1,683		14
		8,541		5,322		13,549		3,468
Amounts offset in statement of financial position
Netting adjustments(a)		(3,819)		(3,813)		(2,801)		(2,786)
Cash collateral(b)		(2,056)		(624)		(5,125)		(391)
		(5,875)		(4,437)		(7,926)		(3,177)
Net derivatives recognized in statement of
financial position
Net derivatives		2,666		885		5,623		291
Amounts not offset in statement of
financial position
Securities held as collateral(c)		(1,706)		-		(5,227)		-
Net amount	$	960	$	885	$	396	$	291

Derivatives are classified in the captions “All other assets” and “All other liabilities” and the related accrued interest is classified in “Other GECC receivables” and “All other liabilities” in our financial statements.

(a)The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts included fair value adjustments related to our own and counterparty non-performance risk. At September 30, 2013 and December 31, 2012, the cumulative adjustment for non-performance risk was a gain (loss) of $(6) million and $(15) million, respectively.

(b)       Excludes excess cash collateral receivedand posted of $24 million and $11 million at September 30, 2013, respectively, and $42 million and $10 million at December 31, 2012, respectively.

(c)       Excludes excess securities collateral received of $53 million and $359 million at September 30, 2013 and December 31, 2012, respectively.

Fair value hedges

We use interest rate and currency exchange derivatives to hedge the fair value effects of interest rate and currency exchange rate changes on local and non-functional currency denominated fixed-rate debt. For relationships designated as fair value hedges, changes in fair value of the derivatives are recorded in earnings within interest and other financial charges, along with offsetting adjustments to the carrying amount of the hedged debt. The following tables provide information about the earnings effects of our fair value hedging relationships for thethree and ninemonths ended September 30, 2013 and 2012, respectively.

	Three months ended September 30,
	2013				2012
(In millions)	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
	derivatives		items		derivatives		items
Interest rate contracts	$	(449)	$	410	$	441	$	(552)
Currency exchange contracts		(4)		3		8		(10)

Fair value hedges resulted in $(40) million and $(113)million of ineffectiveness in the three months ended September 30, 2013 and 2012, respectively. In both the three months ended September 30, 2013 and 2012, there were insignificant amounts excluded from the assessment of effectiveness.

	Nine months ended September 30,
	2013				2012
(In millions)	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
	derivatives		items		derivatives		items
Interest rate contracts	$	(4,295)	$	4,236	$	1,226	$	(1,514)
Currency exchange contracts		(11)		10		(103)		91

Fair value hedges resulted in $(60) million and $(300)million of ineffectiveness in the nine months ended September 30, 2013 and 2012, respectively. In both the nine months ended September 30, 2013 and 2012, there were insignificant amounts excluded from the assessment of effectiveness.

Cash flow hedges

We use interest rate, currency exchange and commodity derivatives to reduce the variability of expected future cash flows associated with variable rate borrowings and commercial purchase and sale transactions, including commodities. For derivatives that are designated in a cash flow hedging relationship, the effective portion of the change in fair value of the derivative is reported as a component of AOCI and reclassified into earnings contemporaneously and in the same caption with the earnings effects of the hedged transaction.

The following tables provideinformation about the amounts recorded in AOCI, as well as the gain (loss) recorded in earnings, when reclassified out of AOCI, for thethreeand nine months ended September 30, 2013 and 2012, respectively. See Note 12 for additional information about reclassifications out of AOCI.

					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings
(In millions)	for the three months ended September 30,				for the three months ended September 30,
	2013		2012		2013		2012
Cash flow hedges
Interest rate contracts	$	(24)	$	(68)	$	(88)	$	(118)
Currency exchange contracts		58		301		114		203
Commodity contracts		1		4		(1)		(1)
Total	$	35	$	237	$	25	$	84

					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings for
(In millions)	for the nine months ended September 30,				for the nine months ended September 30,
	2013		2012		2013		2012
Cash flow hedges
Interest rate contracts	$	(15)	$	(147)	$	(282)	$	(384)
Currency exchange contracts		372		590		290		473
Commodity contracts		(6)		8		(3)		(3)
Total	$	351	$	451	$	5	$	86

The total pre-tax amount in AOCI related to cash flow hedges of forecasted transactions was a $380 million loss at September 30, 2013. We expect to transfer $272million to earnings as an expense in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. Inboth thethree and nine months ended September 30, 2013 and 2012, we recognized insignificant gains and losses related to hedged forecasted transactions and firm commitments that did not occur by the end of the originally specified period. At September 30, 2013 and2012, the maximum term of derivative instruments that hedge forecasted transactions was 19 years and 20 years, respectively.

For cash flow hedges, the amount of ineffectiveness in the hedging relationship and amount of the changes in fair value of the derivatives that are not included in the measurement of ineffectiveness are both reflected in earnings each reporting period. These amounts are primarily reported in GECC revenues from services and totaled $(1) million and $1 million in thethreemonths ended September 30, 2013 and 2012, respectively, and $0 million and $4 million in the nine months ended September 30, 2013 and 2012, respectively.

Net investment hedges in foreign operations

We use currency exchange derivatives to protect our net investments in global operations conducted in non-U.S. dollar currencies. For derivatives that are designated as hedges of net investment in a foreign operation, we assess effectiveness based on changes in spot currency exchange rates. Changes in spot rates on the derivative are recorded as a component of AOCI until such time as the foreign entity is substantially liquidated or sold. The change in fair value of the forward points, which reflects the interest rate differential between the two countries on the derivative, is excluded from the effectiveness assessment.

The following tables provide information about the amounts recorded in AOCI for the threeand nine months ended September 30, 2013 and2012, respectively, as well as the gain (loss) recorded in GECC revenues from serviceswhen reclassified out of AOCI.

	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
(In millions)	for the three months ended September 30,				for the three months ended September 30,
	2013		2012		2013		2012
Net investment hedges
Currency exchange contracts	$	645	$	(2,939)	$	(169)	$	39

	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
(In millions)	for the nine months ended September 30,				for the nine months ended September 30,
	2013		2012		2013		2012
Net investment hedges
Currency exchange contracts	$	3,162	$	(2,588)	$	(278)	$	27

The amounts related to the change in the fair value of the forward points that are excluded from the measure of effectiveness were$(161) million and $(183) million in thethree months ended September 30, 2013 and 2012, respectively, and $(514) million and $(663) million in the nine months ended September 30, 2013 and 2012, respectively, and are recorded in interest and other financial charges.

Free-standing derivatives

Changes in the fair value of derivatives that are not designated as hedges are recorded in earnings each period. As discussed above, these derivatives are typically entered into as economic hedges of changes in interest rates, currency exchange rates, commodity prices and other risks. Gains or losses related to the derivative are typically recorded in GECC revenues from services or other income, based on our accounting policy. In general, the earnings effects of the item that represent the economic risk exposure are recorded in the same caption as the derivative. Gains (losses)for the nine months ended September 30, 2013 on derivatives not designated as hedges were $(960) million composed of amounts related to interest rate contracts of $(90) million, currency exchange contracts of $(1,011) million, and other derivatives of $141 million. These losseswere more than offset by the earnings effects from the underlying items that were economically hedged. Gains (losses) for the nine months ended September 30, 2012on derivatives not designated as hedges were $(528) million composed of amounts related to interest rate contracts of $(217) million, currency exchange contracts of $(472)million, and other derivatives of $161million. These losses were more than offset the earnings effects from the underlying items that were economically hedged.

Counterparty credit risk

Fair values of our derivatives can change significantly from period to period based on, among other factors, market movements and changes in our positions.We manage counterparty credit risk (the risk that counterparties will default and not make payments to us according to the terms of our agreements) on an individual counterparty basis. Where we have agreed to netting of derivative exposures with a counterparty, we net our exposures with that counterparty and apply the value of collateral posted to us to determine the exposure. We actively monitor these net exposures against defined limits and take appropriate actions in response, including requiring additional collateral.

As discussed above, we have provisions in certain of our master agreements that require counterparties to post collateral (typically, cash or U.S. Treasury securities) when our receivable due from the counterparty, measured at current market value, exceeds a specified limit. The fair value of such collateral was $3,762 million, of which $2,056 million was cash and $1,706 million was in the form of securities held by a custodian for our benefit. Under certain of these same agreements, we post collateral to our counterparties for our derivative obligations, the fair value of which was $624 million at September 30, 2013.At September 30, 2013, our exposure to counterparties (including accrued interest), net of collateral we hold, was $895 million. Thisexcludes exposure related to embedded derivatives.

Additionally, our master agreements typically contain mutual downgrade provisions that provide the ability of each party to require termination if the long-term credit rating of the counterparty were to fall below A-/A3. In certain of these master agreements, each party also has the ability to require termination if the short-term rating of the counterparty were to fall below A-1/P-1. Our master agreements also typically contain provisions that provide termination rights upon the occurrence of certain other events, such as a bankruptcy or events of default by one of the parties. If an agreement was terminated under any of these circumstances, the termination amount payable would be determined on a net basis and could also take into account any collateral posted. The net amount of our derivative liability, after consideration of collateral posted by us and outstanding interest payments was $851 million at September 30, 2013. This excludes embedded derivatives.

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Income Taxes (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Income Tax Disclosure [Line Items]
Unrecognized tax benefits	$ 5,933	$ 5,445
Portion that, if recognized, would reduce tax expense and effective tax rate	4,462	4,032
Accrued interest on unrecognized tax benefits	1,038	961
Accrued penalties on unrecognized tax benefits	154	173
Lower Limit [Member]
Income Tax Disclosure [Line Items]
Portion that, if recognized, would reduce tax expense and effective tax rate	0	0
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months lower limit	0	0
Upper Limit [Member]
Income Tax Disclosure [Line Items]
Portion that, if recognized, would reduce tax expense and effective tax rate	800	700
Reasonably possible reduction to the balance of unrecognized tax benefits in succeeding 12 months upper limit	$ 1,400	$ 800

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Investment Securities (Gross Realized Gain Losses) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Available For Sale Investment Securities Gross Realized Gain Losses [Line Items]
Total	$ (26)	$ (29)	$ (277)	$ (74)
Subsidiaries [Member]
Available For Sale Investment Securities Gross Realized Gain Losses [Line Items]
Gains	0	0	1	0
Losses, including impairments	0	0	(20)	0
Total	0	0	(19)	0
Subsidiaries GECC [Member]
Available For Sale Investment Securities Gross Realized Gain Losses [Line Items]
Gains	34	26	219	85
Losses, including impairments	(60)	(55)	(477)	(159)
Total	$ (26)	$ (29)	$ (258)	$ (74)

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Other Liabilities

9 Months Ended

Sep. 30, 2013

Other Liabilities [Abstract]

Other Liabilities

10. OTHER LIABILITIES

We are involved in numerous remediation actions to clean up hazardous wastes as required by federal and state laws. Liabilities for remediation costs exclude possible insurance recoveries and, when dates and amounts of such costs are not known, are not discounted. When there appears to be a range of possible costs with equal likelihood, liabilities are based on the low end of such range. It is reasonably possible that our environmental remediation exposure will exceed amounts accrued. However, due to uncertainties about the status of laws, regulations, technology and information related to individual sites, such amounts are not reasonably estimable.

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Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables (Commercial) (Details) (USD $) In Millions, unless otherwise specified	9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	$ 259,375		$ 273,936
Credit Quality Indicators
Loans and leases receivable, Gross	259,375		273,936
Commercial Portfolio Segment [Member]
Impaired Loans
Average investment in loans	4,582		5,688
Commercial Portfolio Segment [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	129,212		137,810
Non-impaired financing receivables	125,086		132,741
General reserves	599		554
Total impaired loans	4,126		5,069
Allowance for losses (specific reserves)	311		487
Past Due Financing Receivables
Over 30 days past due	1.80%		1.70%
Over 90 days past due	0.80%		0.90%
Nonaccrual Financing Receivables
Nonaccrual loans	3,404		4,166
Nonearning financing receivables	2,328		2,890
Allowance for losses as a percent of nonaccrual financing receivables	26.70%		25.00%
Allowance for losses as a percent of nonearning financing receivables	39.10%		36.00%
Impaired Loans
Total impaired loans	4,126		5,069
Allowance for losses (specific reserves)	311		487
Interest income recognized	173	181	253
Interest income recognized on a cash basis	53	70	92
Credit Quality Indicators
Loans and leases receivable, Gross	129,212		137,810
Commercial Portfolio Segment [Member] | Unsecured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	267		452
Credit Quality Indicators
Loans and leases receivable, Gross	267		452
Commercial Portfolio Segment [Member] | Unsecured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	514		583
Credit Quality Indicators
Loans and leases receivable, Gross	514		583
Commercial Portfolio Segment [Member] | Unsecured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	398		458
Credit Quality Indicators
Loans and leases receivable, Gross	398		458
Commercial Portfolio Segment [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	128,033		136,317
Credit Quality Indicators
Loans and leases receivable, Gross	128,033		136,317
Commercial Portfolio Segment [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	2,970		4,115
Credit Quality Indicators
Loans and leases receivable, Gross	2,970		4,115
Commercial Portfolio Segment [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	2,267		3,303
Credit Quality Indicators
Loans and leases receivable, Gross	2,267		3,303
Commercial Portfolio Segment [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	122,796		128,899
Credit Quality Indicators
Loans and leases receivable, Gross	122,796		128,899
Commercial Portfolio Segment [Member] | Nonaccrual Financing Receivables [Member] | Subsidiaries GECC [Member]
Nonaccrual Financing Receivables
Amount of nonaccrual loans currently paying in accordance with contractual terms	2,105		2,647
Commercial Portfolio Segment [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	3,091		3,697
Impaired Loans
Total impaired loans	3,091		3,697
Unpaid principal balance	4,390		4,920
Average investment in loans	3,429		3,694
Commercial Portfolio Segment [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	1,035		1,372
Allowance for losses (specific reserves)	311		487
Impaired Loans
Total impaired loans	1,035		1,372
Unpaid principal balance	1,486		1,858
Allowance for losses (specific reserves)	311		487
Average investment in loans	1,153		1,994
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	4,367		4,851
Past Due Financing Receivables
Over 30 days past due	0.00%		0.00%
Over 90 days past due	0.00%		0.00%
Nonaccrual Financing Receivables
Nonaccrual loans	4		0
Nonearning financing receivables	4		0
Credit Quality Indicators
Loans and leases receivable, Gross	4,367		4,851
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	4,240		4,725
Credit Quality Indicators
Loans and leases receivable, Gross	4,240		4,725
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	0		0
Credit Quality Indicators
Loans and leases receivable, Gross	0		0
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	38		0
Credit Quality Indicators
Loans and leases receivable, Gross	38		0
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	4,202		4,725
Credit Quality Indicators
Loans and leases receivable, Gross	4,202		4,725
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	0		0
Impaired Loans
Total impaired loans	0		0
Unpaid principal balance	0		0
Average investment in loans	0		2
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	4		0
Allowance for losses (specific reserves)	1		0
Impaired Loans
Total impaired loans	4		0
Unpaid principal balance	4		0
Allowance for losses (specific reserves)	1		0
Average investment in loans	2		7
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	9,642		10,915
Past Due Financing Receivables
Over 30 days past due	0.00%		0.00%
Over 90 days past due	0.00%		0.00%
Nonaccrual Financing Receivables
Nonaccrual loans	0		3
Nonearning financing receivables	0		0
Credit Quality Indicators
Loans and leases receivable, Gross	9,642		10,915
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	9,642		10,915
Credit Quality Indicators
Loans and leases receivable, Gross	9,642		10,915
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	27		11
Credit Quality Indicators
Loans and leases receivable, Gross	27		11
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	111		223
Credit Quality Indicators
Loans and leases receivable, Gross	111		223
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	9,504		10,681
Credit Quality Indicators
Loans and leases receivable, Gross	9,504		10,681
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	0		0
Impaired Loans
Total impaired loans	0		0
Unpaid principal balance	0		0
Average investment in loans	0		17
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	0		3
Allowance for losses (specific reserves)	0		0
Impaired Loans
Total impaired loans	0		3
Unpaid principal balance	0		3
Allowance for losses (specific reserves)	0		0
Average investment in loans	1		5
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	393		486
Past Due Financing Receivables
Over 30 days past due	0.10%		2.80%
Over 90 days past due	0.00%		2.80%
Nonaccrual Financing Receivables
Nonaccrual loans	11		25
Nonearning financing receivables	0		13
Credit Quality Indicators
Loans and leases receivable, Gross	393		486
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	393		486
Credit Quality Indicators
Loans and leases receivable, Gross	393		486
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	0		0
Credit Quality Indicators
Loans and leases receivable, Gross	0		0
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	0		0
Credit Quality Indicators
Loans and leases receivable, Gross	0		0
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	393		486
Credit Quality Indicators
Loans and leases receivable, Gross	393		486
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	10		17
Impaired Loans
Total impaired loans	10		17
Unpaid principal balance	10		28
Average investment in loans	10		26
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	1		8
Allowance for losses (specific reserves)	0		2
Impaired Loans
Total impaired loans	1		8
Unpaid principal balance	1		8
Allowance for losses (specific reserves)	0		2
Average investment in loans	5		40
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	69,240		72,517
Past Due Financing Receivables
Over 30 days past due	1.00%		1.10%
Over 90 days past due	0.50%		0.50%
Nonaccrual Financing Receivables
Nonaccrual loans	1,655		1,951
Nonearning financing receivables	1,182		1,333
Impaired Loans
Changes In Loans Modified As Troubled Debt Restructurings	580
Credit Quality Indicators
Loans and leases receivable, Gross	69,240		72,517
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	69,240		72,517
Credit Quality Indicators
Loans and leases receivable, Gross	69,240		72,517
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	1,625		2,382
Credit Quality Indicators
Loans and leases receivable, Gross	1,625		2,382
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	1,531		1,775
Credit Quality Indicators
Loans and leases receivable, Gross	1,531		1,775
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	66,084		68,360
Credit Quality Indicators
Loans and leases receivable, Gross	66,084		68,360
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	1,979		2,487
Impaired Loans
Total impaired loans	1,979		2,487
Unpaid principal balance	2,391		2,927
Average investment in loans	2,275		2,535
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	474		557
Allowance for losses (specific reserves)	131		178
Impaired Loans
Total impaired loans	474		557
Unpaid principal balance	633		681
Allowance for losses (specific reserves)	131		178
Average investment in loans	517		987
Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	35,529		37,037
Past Due Financing Receivables
Over 30 days past due	4.20%		3.70%
Over 90 days past due	2.00%		2.10%
Nonaccrual Financing Receivables
Nonaccrual loans	1,269		1,740
Nonearning financing receivables	916		1,299
Credit Quality Indicators
Loans and leases receivable, Gross	35,529		37,037
Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	34,988		36,200
Credit Quality Indicators
Loans and leases receivable, Gross	34,988		36,200
Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	1,054		1,256
Credit Quality Indicators
Loans and leases receivable, Gross	1,054		1,256
Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	484		1,188
Credit Quality Indicators
Loans and leases receivable, Gross	484		1,188
Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	33,450		33,756
Credit Quality Indicators
Loans and leases receivable, Gross	33,450		33,756
Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	865		1,131
Impaired Loans
Total impaired loans	865		1,131
Unpaid principal balance	1,747		1,901
Average investment in loans	995		1,009
Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	470		643
Allowance for losses (specific reserves)	167		278
Impaired Loans
Total impaired loans	470		643
Unpaid principal balance	739		978
Allowance for losses (specific reserves)	167		278
Average investment in loans	525		805
Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	9,573		11,401
Past Due Financing Receivables
Over 30 days past due	0.80%		0.90%
Over 90 days past due	0.50%		0.60%
Nonaccrual Financing Receivables
Nonaccrual loans	465		395
Nonearning financing receivables	226		193
Credit Quality Indicators
Loans and leases receivable, Gross	9,573		11,401
Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	9,417		11,221
Credit Quality Indicators
Loans and leases receivable, Gross	9,417		11,221
Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	264		372
Credit Quality Indicators
Loans and leases receivable, Gross	264		372
Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	103		117
Credit Quality Indicators
Loans and leases receivable, Gross	103		117
Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	9,050		10,732
Credit Quality Indicators
Loans and leases receivable, Gross	9,050		10,732
Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	237		62
Impaired Loans
Total impaired loans	237		62
Unpaid principal balance	242		64
Average investment in loans	149		62
Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	86		109
Allowance for losses (specific reserves)	12		23
Impaired Loans
Total impaired loans	86		109
Unpaid principal balance	109		120
Allowance for losses (specific reserves)	12		23
Average investment in loans	88		134
Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	468		603
Past Due Financing Receivables
Over 30 days past due	0.00%		0.10%
Over 90 days past due	0.00%		0.00%
Nonaccrual Financing Receivables
Nonaccrual loans	0		52
Nonearning financing receivables	0		52
Credit Quality Indicators
Loans and leases receivable, Gross	468		603
Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	113		253
Credit Quality Indicators
Loans and leases receivable, Gross	113		253
Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	0		94
Credit Quality Indicators
Loans and leases receivable, Gross	0		94
Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	0		0
Credit Quality Indicators
Loans and leases receivable, Gross	0		0
Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	113		159
Credit Quality Indicators
Loans and leases receivable, Gross	113		159
Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	0		0
Impaired Loans
Total impaired loans	0		0
Unpaid principal balance	0		0
Average investment in loans	0		43
Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	0		52
Allowance for losses (specific reserves)	0		6
Impaired Loans
Total impaired loans	0		52
Unpaid principal balance	0		68
Allowance for losses (specific reserves)	0		6
Average investment in loans	15		16
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	114,810		121,558
Past Due Financing Receivables
Over 30 days past due	2.00%		1.90%
Over 90 days past due	1.00%		1.00%
Nonaccrual Financing Receivables
Nonaccrual loans	3,389		4,138
Nonearning financing receivables	2,324		2,877
Impaired Loans
Changes In Loans Modified As Troubled Debt Restructurings	1,153
Loans Modified As Troubled Debt Restructuring That Have Subsequently Experienced Payment Default	80	157
Credit Quality Indicators
Loans and leases receivable, Gross	114,810		121,558
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Secured Credit Quality Indicator [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	113,758		120,191
Credit Quality Indicators
Loans and leases receivable, Gross	113,758		120,191
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	2,943		4,104
Credit Quality Indicators
Loans and leases receivable, Gross	2,943		4,104
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	2,118		3,080
Credit Quality Indicators
Loans and leases receivable, Gross	2,118		3,080
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	108,697		113,007
Credit Quality Indicators
Loans and leases receivable, Gross	108,697		113,007
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | No Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	3,081		3,680
Impaired Loans
Total impaired loans	3,081		3,680
Unpaid principal balance	4,380		4,892
Average investment in loans	3,419		3,649
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Related Allowance [Member] | Subsidiaries GECC [Member]
Financing Receivables and Allowance for Losses
Total impaired loans	1,030		1,361
Allowance for losses (specific reserves)	310		485
Impaired Loans
Total impaired loans	1,030		1,361
Unpaid principal balance	1,481		1,847
Allowance for losses (specific reserves)	310		485
Average investment in loans	1,145		1,942
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Modifications Classified As TDRs In Last Twelve Months [Member] | Subsidiaries GECC [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	1,808	2,736
Troubled Debt Restructuring [Member] | Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member] | Subsidiaries GECC [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	2,129		2,577
Troubled Debt Restructuring [Member] | Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member] | Subsidiaries GECC [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	$ 3,211		$ 3,872

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Discontinued Operations) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Operations
Total revenues	$ 79	$ (17)	$ 109	$ (160)
Earnings (loss) from discontinued operations before income taxes	2	(139)	(157)	(587)
Benefit (provision) for income taxes	9	30	151	187
Income (Loss) from Discontinued Operations, Net of Taxes	11	(109)	(6)	(400)
Disposal
Gain (loss) on disposal before income taxes	(108)	(4)	(390)	(506)
Benefit (provision) for income taxes	15	154	83	197
Gain (loss) on disposal, net of taxes	(93)	150	(307)	(309)
Earnings (loss) from discontinued operations, net of taxes	(82)	41	(313)	(709)
Assets
Cash and cash equivalents	108		108		102
Property, plant and equipment - net	474		474		699
Other	1,091		1,091		1,507
Assets of discontinued operations	1,673		1,673		2,308
Liabilities
Deferred income taxes	323		323		372
Other	2,077		2,077		2,079
Liabilities of discontinued operations	$ 2,400		$ 2,400		$ 2,451

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Financial Instruments (Securities Repurchase and Reverse Repurchase Arrangements) (Details) (USD $) In Billions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013
Derivative Instrument Detail [Abstract]
Securities For Repurchase Agreements	$ 12.0
Reverse Repurchase Agreements Maturities	90
Securities for Reverse Repurchase Agreements	$ 20.4

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Inventories (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Inventory, Net [Abstract]
Raw materials and work in process	$ 10,642	$ 9,295
Finished goods	6,974	6,099
Unbilled shipments	678	378
Inventory, Gross, Total	18,294	15,772
Less revaluation to LIFO	(351)	(398)
Total	$ 17,943	$ 15,374

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Income Taxes (Tables)

9 Months Ended

Sep. 30, 2013

Income Tax Disclosure [Abstract]

Unrecognized tax benefits

	At
	September 30,		December 31,
(In millions)	2013		2012
Unrecognized tax benefits	$	5,933	$	5,445
Portion that, if recognized, would reduce tax expense and effective tax rate(a)		4,462		4,032
Accrued interest on unrecognized tax benefits		1,038		961
Accrued penalties on unrecognized tax benefits		154		173
Reasonably possible reduction to the balance of unrecognized tax benefits
in succeeding 12 months		0-1,400		0-800
Portion that, if recognized, would reduce tax expense and effective tax rate(a)		0-800		0-700

(a)       Some portion of such reduction may be reported as discontinued operations.

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Intercompany Transactions

9 Months Ended

Sep. 30, 2013

Intercompany Transactions [Abstract]

Intercompany Transactions

19. INTERCOMPANY TRANSACTIONS

Transactions between related companies are made on an arms-length basis, are eliminated and consist primarily of GECC dividends to GE; GE customer receivables sold to GECC; GECC services for trade receivables management and material procurement; buildings and equipment (including automobiles) leased between GE and GECC; information technology (IT) and other services sold to GECC by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GECC from third-party producers for lease to others; and various investments, loans and allocations of GE corporate overhead costs.

These intercompany transactions are reported in the GE and GECC columns of our financial statements, but are eliminated in deriving our consolidated financial statements. Effects of these eliminations on our consolidated cash flows from operating, investing and financing activities are $(2,426) million, $(1,555) million and $4,075 million for the nine months ended September 30, 2013 and $(5,606) million, $68 million and $5,554 million for the nine months ended September 30, 2012, respectively. Dividends from GECC to GE of $3,947 million and $5,446 million have been eliminated from consolidated cash from operating and financing activities for the nine months ended September 30, 2013 and 2012, respectively. Net decrease (increase) in GE customer receivables sold to GECC of $918 million, $(900) million, and $(18) million have been eliminated from consolidated cash from operating, investing and financing activities for the nine months ended September 30, 2013, respectively. Net decrease (increase) in GE customer receivables sold to GECC of $(59) million, $209 million, and $(150) million have been eliminated from consolidated cash from operating, investing and financing activities for the nine months ended September 30, 2012,respectively. Intercompany borrowings (includes GE investment in GECC short-term borrowings) of $146 million and $258 million have been eliminated from financing activities for the nine months ended September 30, 2013 and 2012, respectively. Other reclassifications and eliminations of $603 million and $(101) million have been eliminated from consolidated cash from operating activities and $(655) million and $(141) million have been eliminated from consolidated cash from investing activities for the nine months ended September 30, 2013 and 2012, respectively.

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Variable Interest Entities

9 Months Ended

Sep. 30, 2013

Variable Interest Entities [Abstract]

Variable Interest Entities

18. VARIABLE INTEREST ENTITIES

We use variable interest entities primarily to securitize financial assets and arrange other forms of asset-backed financing in the ordinary course of business. Except as noted below, investors in these entities only have recourse to the assets owned by the entity and not to our general credit. We do not have implicit support arrangements with any VIE. We did not provide non-contractual support for previously transferred financing receivables to any VIE in 2013 or2012.

In evaluating whether we have the power to direct the activities of a VIE that most significantly impactits economic performance, we consider the purpose for which the VIE was created, the importance of each of the activities in which it is engaged and our decision-making role, if any, in those activities that significantly determine the entity's economic performance as compared to other economic interest holders. This evaluation requires consideration of all facts and circumstances relevant to decision-making that affects the entity's future performance and the exercise of professional judgment in deciding which decision-making rights are most important.

In determining whether we have the right to receive benefits or the obligation to absorb losses that could potentially be significant to the VIE, we evaluate all of our economic interests in the entity, regardless of form (debt, equity, management and servicing fees, and other contractual arrangements). This evaluation considers all relevant factors of the entity's design, including: the entity's capital structure, contractual rights to earnings (losses), subordination of our interests relative to those of other investors, contingent payments, as well as other contractual arrangements that have potential to be economically significant. The evaluation of each of these factors in reaching a conclusion about the potential significance of our economic interests is a matter that requires the exercise of professional judgment.

Consolidated Variable Interest Entities

We consolidate VIEs because we have the power to direct the activities that significantly affect the VIEs economic performance, typically because of our role as either servicer or manager for the VIE. Our consolidated VIEs fall into three main groups, which are further described below:

• Trinity comprises two consolidated entities that hold investment securities, the majority of which are investment grade, and were funded by the issuance of GICs. The GICs included conditions under which certain holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3 or the short-term credit ratings fall below A-1+/P-1. The outstanding GICs are subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC's ratings, among other things, and are reported in investment contracts, insurance liabilities and insurance annuity benefits.
• Consolidated Securitization Entities (CSEs) comprise primarily our previously unconsolidated QSPEs that were consolidated on January 1, 2010 in connection with our adoption of ASU 2009-16 & 17. These entities were created to facilitate securitization of financial assets and other forms of asset-backed financing, which serve as an alternative funding source by providing access to variable funding notes and term markets. The securitization transactions executed with these entities are similar to those used by many financial institutions and substantially all are non-recourse. We provide servicing for substantially all of the assets in these entities.

  The financing receivables in these entities have similar risks and characteristics to our other financing receivables and were underwritten to the same standard. Accordingly, the performance of these assets has been similar to our other financing receivables; however, the blended performance of the pools of receivables in these entities reflects the eligibility criteria that we apply to determine which receivables are selected for transfer. Contractually the cash flows from these financing receivables must first be used to pay third-party debt holders as well as other expenses of the entity. Excess cash flows are available to GE. The creditors of these entities have no claim on other assets of GE.

• Other remaining assets and liabilities of consolidated VIEs relate primarily to three categories of entities: (1) joint ventures that lease light industrial equipment of $1,502 million of assets and $758 million of liabilities; (2) other entities that are involved in power generating and leasing activities of $774 million of assets and no liabilities; and(3) insurance entities that, among other lines of business, provide property and casualty and workers' compensation coverage for GE of $1,188 million of assets and $571 million of liabilities.

The table below summarizes the assets and liabilities of consolidated VIEs described above.

			Consolidated Securitization Entities
			Credit						Trade
(In millions)	Trinity(a)		cards		(b)	Equipment		(b)	receivables		Other		Total
September 30, 2013
Assets(c)
Financing
receivables, net	$	-	$	23,895		$	12,934		$	2,299	$	2,023	$	41,151
Investment securities		3,095		-			-			-		1,053		4,148
Other assets		120		22			615			-		2,524		3,281
Total	$	3,215	$	23,917		$	13,549		$	2,299	$	5,600	$	48,580
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	654	$	654
Non-recourse
borrowings		-		15,396			11,068			1,902		50		28,416
Other liabilities		1,531		227			300			21		1,343		3,422
Total	$	1,531	$	15,623		$	11,368		$	1,923	$	2,047	$	32,492
December 31, 2012
Assets(c)
Financing
receivables, net	$	-	$	24,169		$	12,456		$	2,339	$	1,952	$	40,916
Investment securities		3,435		-			-			-		1,051		4,486
Other assets		217		29			360			-		2,428		3,034
Total	$	3,652	$	24,198		$	12,816		$	2,339	$	5,431	$	48,436
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	711	$	711
Non-recourse
borrowings		-		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 $2,015 million and $2,441 million at September 30, 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 receivablessold 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 September 30, 2013 and December 31, 2012, the amounts of commingled cash owed to the CSEs were $6,351 million and $6,225 million, respectively, and the amounts owed to us by CSEs were $6,261 millionand$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.

Total revenuesfrom our consolidated VIEs were $1,950 million and $1,707 million in the three months ended September 30, 2013 and 2012, respectively, and $5,598 million and $5,065 million in the nine months ended September 30, 2013 and 2012, respectively. Related expenses consisted primarily of provisions for losses of $175 million and $414 million in the three months ended September 30, 2013 and 2012, respectively, and $764million and $784million in thenine months ended September 30, 2013 and 2012, respectively, and interest and other financial charges of $85 million and $97 million in thethree months ended September 30, 2013 and 2012, respectively, and $270million and $344million in the nine months ended September 30, 2013 and 2012, respectively. These amounts do not include intercompany revenues and costs, principally fees and interest between GE and the VIEs, which are eliminated in consolidation.

Investments in Unconsolidated Variable Interest Entities

Our involvement with unconsolidated VIEs consists of the following activities: assisting in the formation and financing of the entity, providing recourse and/or liquidity support, servicing the assets and receiving variable fees for services provided. We are not required to consolidate these entities because the nature of our involvement with the activities of the VIEs does not give us power over decisions that significantly affect their economic performance.

Our largest exposure to any single unconsolidated VIE at September 30, 2013 is an investment in asset-backed securities issued by the Senior Secured Loan Program (“SSLP”), a fund that invests in high quality senior secured debt of various middle-market companies ($6,263 million). Other significant unconsolidated VIEs include investments in real estate entities ($2,282 million), which generally consist of passive limited partnership investments in tax-advantaged, multi-family real estate and investments in various European real estate entities; and exposures to joint ventures that purchase factored receivables ($2,382 million).

The classification of our variable interests in these entities in our financial statements is based on the nature of the entity and the type of investment we hold. Variable interests in partnerships and corporate entities are classified as either equity method or cost method investments. In the ordinary course of business, we also make investments in entities in which we are not the primary beneficiary but may hold a variable interest such as limited partner interests or mezzanine debt investments. These investments are classified in two captions in our financial statements: “All other assets” for investments accounted for under the equity method, and “Financing receivables – net” for debt financing provided to these entities. Our investments in unconsolidated VIEs at September 30, 2013 and December 31, 2012 follow.

			At
(In millions)	September 30, 2013			December 31, 2012
Other assets and investment
securities	$	8,340		$	10,027
Financing receivables – net		2,736			2,654
Total investments		11,076			12,681
Contractual obligations to fund
investments or guarantees		2,742			2,608
Revolving lines of credit		26			41
Total	$	13,844		$	15,330

As previously reported, during 2012, Penske Truck Leasing Co., L.P. (PTL) effected a recapitalization and subsequently acquired third-party financing in order to repay outstanding debt owed to GECC. In the first quarter of 2013, PTL had repaid all outstanding debt owed and terminated its borrowing arrangement with GECC. During the second quarter of 2013, PTL ceased to be a VIE as a result of a principal in PTL retiring from the GE Board. Therefore, our investment in PTL($855 million at September 30, 2013) is notreported in the September 30, 2013balance in the table above. As co-issuer and co-guarantor of the $700 million of debt raised by the funding entityrelated to PTL, GECC reports this amount, which is also our loss exposure and excluded from the table above, as debt of GECC in its financial statements. GECC has been indemnified by the general partner and the other limited partners of PTL for their proportionate share of the debt obligation.

In addition to the entities included in the table above, we also hold passive investments in RMBS, commercial mortgage-backed securities and asset-backed securities issued by VIEs. Such investments were, by design, investment grade at issuance and held by a diverse group of investors. Further information about such investments is provided in Note 3.

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Summary of Operating Segments (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Segment Reporting Information [Line Items]
Revenues	$ 35,725		$ 36,254		$ 105,858		$ 107,731
Corporate items and eliminations revenues	(758)		(192)		(982)		(832)
Segment profit	5,860		5,239		16,484		16,168
GE interest and other financial charges	(2,462)		(2,972)		(7,700)		(9,521)
GE provision for income taxes	(345)		(557)		(1,159)		(1,718)
Earnings (loss) from continuing operations	3,273		3,450		10,164		10,339
Earnings (loss) from discontinued operations, net of taxes	(82)		41		(313)		(709)
Consolidated net earnings attributable to the Company	3,191		3,491		9,851		9,630
Subsidiaries [Member]
Segment Reporting Information [Line Items]
Revenues	27,428	[1]	27,242	[1]	79,825	[1]	80,970	[1]
GE interest and other financial charges	(338)	[1]	(294)	[1]	(988)	[1]	(960)	[1]
GE provision for income taxes	(344)	[1]	(477)	[1]	(1,065)	[1]	(1,319)	[1]
Earnings (loss) from continuing operations	3,273	[1]	3,450	[1]	10,164	[1]	10,339	[1]
Earnings (loss) from discontinued operations, net of taxes	(82)	[1]	41	[1]	(313)	[1]	(709)	[1]
Consolidated net earnings attributable to the Company	3,191	[1]	3,491	[1]	9,851	[1]	9,630	[1]
Power And Water [Member]
Segment Reporting Information [Line Items]
Revenues	6,498		7,196		17,038		20,647
Segment profit	1,289		1,184		3,095		3,675
Oil And Gas [Member]
Segment Reporting Information [Line Items]
Revenues	4,315		3,645		11,669		10,693
Segment profit	519		469		1,376		1,275
Energy Management [Member]
Segment Reporting Information [Line Items]
Revenues	1,828		1,879		5,557		5,478
Segment profit	18		42		64		67
Aviation [Member]
Segment Reporting Information [Line Items]
Revenues	5,364		4,781		15,741		14,527
Segment profit	1,091		924		3,094		2,708
Healthcare [Member]
Segment Reporting Information [Line Items]
Revenues	4,304		4,307		13,083		13,107
Segment profit	665		620		1,986		1,899
Transportation [Member]
Segment Reporting Information [Line Items]
Revenues	1,406		1,409		4,425		4,244
Segment profit	306		265		886		779
Home Business Solutions [Member]
Segment Reporting Information [Line Items]
Revenues	2,098		1,955		6,142		5,899
Segment profit	77		60		239		196
GE Capital [Member]
Segment Reporting Information [Line Items]
Revenues	10,670		11,274		33,185		33,968
Segment profit	1,895		1,675		5,744		5,569
Industrial Segments [Member]
Segment Reporting Information [Line Items]
Revenues	25,813		25,172		73,655		74,595
Segment profit	3,965		3,564		10,740		10,599
Total Segment Revenues [Member]
Segment Reporting Information [Line Items]
Revenues	36,483		36,446		106,840		108,563
Corporate Items And Eliminations [Member]
Segment Reporting Information [Line Items]
Segment profit	$ (1,905)		$ (1,018)		$ (4,267)		$ (3,550)

[1] (a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Property, Plant and Equipment (Tables)

9 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

	At
	September 30,		December 31,
(In millions)	2013		2012
Original cost	$	115,873	$	115,006
Less accumulated depreciation and amortization		(47,132)		(45,962)
Property, plant and equipment – net	$	68,741	$	69,044

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GECC Revenues from Services (Tables)

9 Months Ended

Sep. 30, 2013

Financial Services Revenue [Abstract]

GECC Revenues from services

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Interest on loans	$	4,585	$	4,708	$	13,608	$	14,328
Equipment leased to others		2,435		2,531		7,397		7,720
Fees		1,199		1,173		3,499		3,493
Investment income(a)		514		636		1,502		1,971
Financing leases		395		392		1,220		1,455
Associated companies		406		451		852		1,146
Premiums earned by insurance activities		403		433		1,208		1,294
Real estate investments(b)		331		464		2,139		1,202
Other items(a)		369		452		1,670		1,269
		10,637		11,240		33,095		33,878
Eliminations		(427)		(312)		(1,160)		(953)
Total	$	10,210	$	10,928	$	31,935	$	32,925

• Included net other-than-temporary impairments on investment securities of$56 million and $25 million in the three months ended September 30, 2013 and 2012, respectively, and $467million and $89million in the nine months ended September 30, 2013 and 2012, respectively,of which $96million related to the impairment of an investment in a Brazilian company that was fully offset by the benefit of a guarantee provided by GE reflected as a component in other items for both the three and nine months ended September 30, 2013.
• During the nine months ended September 30, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (GE Money Japan Narrative) (Details) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2013 USD ($)	Sep. 30, 2012 USD ($)	Sep. 30, 2013 USD ($)	Sep. 30, 2012 USD ($)	Sep. 30, 2013 GE Money Japan [Member] USD ($)	Sep. 30, 2012 GE Money Japan [Member] USD ($)	Sep. 30, 2013 GE Money Japan [Member] USD ($)	Sep. 30, 2012 GE Money Japan [Member] USD ($)	Dec. 31, 2012 GE Money Japan [Member] USD ($)	Sep. 30, 2013 GE Money Japan [Member] JPY (¥)	Sep. 30, 2013 GE Money Japan [Member] Upper Limit [Member] USD ($)	Sep. 30, 2013 GE Money Japan [Member] Lower Limit [Member] USD ($)
Financial Information For Discontinued Operations [Line Items]
Tax Credit Carryforward, Expiration Date							Dec. 31, 2017
Other Partial Tax Credit Carryforward Expiration Date							Dec. 31, 2019
Gain (loss) on disposal of discontinued operations	$ 93	$ (150)	$ 307	$ 309
Liability For Reimbursement Of Claims In Excess Of Statutory Interest Rate							527		700
Increase Adjustment To Liability For Reimbursement Of Claims In Excess Of Statutory Interest Rate							205
Threshold above which claims become company's responsibility					3,000		3,000			258,000
Adverse Incoming Daily Claim Rate Reduction Assumption Sensitivity Test For Liability Calculation											50.00%	20.00%
Sensitivity Analysis Potential Increase (Decrease) To Estimated Contingent Liability											400	75
Loss from discontinued operations, net of taxes	82	(41)	313	709
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax	(108)	(4)	(390)	(506)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	$ (82)	$ 41	$ (313)	$ (709)	$ (80)	$ (9)	$ (196)	$ (363)

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Investment Securities (Tables)

9 Months Ended

Sep. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Investments

	September 30, 2013								December 31, 2012
			Gross		Gross						Gross		Gross
	Amortized		unrealized		unrealized		Estimated		Amortized		unrealized		unrealized		Estimated
(In millions)	cost		gains		losses		fair value		cost		gains		losses		fair value
GE
Debt
U.S. corporate	$	22	$	10	$	-	$	32	$	39	$	-	$	-	$	39
Corporate – non-U.S.		13		1		-		14		6		-		-		6
Equity
Available-for-sale		37		3		-		40		26		-		-		26
Trading		10		-		-		10		3		-		-		3
		82		14		-		96		74		-		-		74
GECC
Debt
U.S. corporate		20,050		2,516		(209)		22,357		20,233		4,201		(302)		24,132
State and municipal		4,187		246		(189)		4,244		4,084		575		(113)		4,546
Residential mortgage-
backed(a)		1,944		146		(59)		2,031		2,198		183		(119)		2,262
Commercial mortgage-backed		2,919		194		(88)		3,025		2,930		259		(95)		3,094
Asset-backed		6,533		8		(62)		6,479		5,784		31		(77)		5,738
Corporate – non-U.S.		1,893		101		(96)		1,898		2,391		150		(126)		2,415
Government – non-U.S.		2,370		86		(7)		2,449		1,617		149		(3)		1,763
U.S. government and federal
agency		839		52		(40)		851		3,462		103		-		3,565
Retained interests		67		11		-		78		76		7		-		83
Equity
Available-for-sale		208		46		(3)		251		513		86		(3)		596
Trading		142		-		-		142		245		-		-		245
		41,152		3,406		(753)		43,805		43,533		5,744		(838)		48,439
Eliminations		(4)		-		-		(4)		(3)		-		-		(3)
Total	$	41,230	$	3,420	$	(753)	$	43,897	$	43,604	$	5,744	$	(838)	$	48,510

(a)Substantially collateralized by U.S. mortgages. Of our total RMBS portfolio at September 30, 2013, $1,286 million relates to securities issued by government-sponsored entities and $745million relates to securities of private label issuers. Securities issued by private label issuers are collateralized primarily by pools of individual direct mortgage loans of financial institutions.

Schedule of investments, by type and length in continuous loss position

	In loss position for
	Less than 12 months					12 months or more
			Gross					Gross
	Estimated		unrealized			Estimated		unrealized
(In millions)	fair value		losses		(a)	fair value		losses		(a)
September 30, 2013
Debt
U.S. corporate	$	2,120	$	(134)		$	416	$	(75)
State and municipal		996		(84)			313		(105)
Residential mortgage-backed		237		(9)			511		(50)
Commercial mortgage-backed		292		(26)			773		(62)
Asset-backed		5,950		(13)			404		(49)
Corporate – non-U.S.		140		(1)			495		(95)
Government – non-U.S.		1,474		(6)			40		(1)
U.S. government and federal agency		444		(40)			-		-
Retained interests		9		-			-		-
Equity		17		(3)			-		-
Total	$	11,679	$	(316)		$	2,952	$	(437)
December 31, 2012
Debt
U.S. corporate	$	434	$	(7)		$	813	$	(295)
State and municipal		146		(2)			326		(111)
Residential mortgage-backed		98		(1)			691		(118)
Commercial mortgage-backed		37		-			979		(95)
Asset-backed		18		(1)			658		(76)
Corporate – non-U.S.		167		(8)			602		(118)
Government – non-U.S.		201		(1)			37		(2)
U.S. government and federal agency		-		-			-		-
Retained interests		3		-			-		-
Equity		26		(3)			-		-
Total	$	1,130	$	(23)		$	4,106	$	(815)

• Includes gross unrealized losses at September 30, 2013of $(131) million related to securities that had other-than-temporary impairments previously recognized.

Schedule of contractual maturities

Contractual Maturities of Investment in Available-for-Sale Debt Securities (Excluding Mortgage-Backed and Asset-Backed Securities)
	Amortized		Estimated
(In millions)	cost		fair value
Due
Within one year	$	2,784	$	2,800
After one year through five years		3,502		3,720
After five years through ten years		5,032		5,264
After ten years		18,056		20,061

Supplemental gross realized gains losses on available-for-sale investment securities

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
GE
Gains	$	-	$	-	$	1	$	-
Losses, including impairments		-		-		(20)		-
Net		-		-		(19)		-
GECC
Gains		34		26		219		85
Losses, including impairments		(60)		(55)		(477)		(159)
Net		(26)		(29)		(258)		(74)
Total	$	(26)	$	(29)	$	(277)	$	(74)

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GECC Borrowings and Bank Deposits (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013		Dec. 31, 2012
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	$ 80,496		$ 101,392
Long-term borrowings	226,872		236,084
Non Recourse Borrowings Of Consolidated Securitization Entities	29,966		30,123
Bank deposits	50,761		46,461
Total borrowings and bank deposits	388,095		414,060
Scenario, Adjustment [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	(436)		(589)
Long-term borrowings	(124)		(120)
Commercial Paper [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	300		352
Notes Payable to Banks [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	218		23
Long-term borrowings	73		13
Current Portion Of Long Term Borrowings [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	73		5,068
Non Recourse Borrowings Of Consolidated Securitization Entities	7,099		7,707
Other Short Term Borrowing [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	511		598
Senior unsecured notes [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	10,967		10,963
Other Long Term Borrowing [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	453		452
Long-term Debt [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	11,493		11,428
Non Recourse Borrowings Of Consolidated Securitization Entities	22,867		22,416
Subsidiaries [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	1,102	[1]	6,041	[1]
Long-term borrowings	11,493	[1]	11,428	[1]
Non Recourse Borrowings Of Consolidated Securitization Entities	0	[1]	0	[1]
Bank deposits	0	[1]	0	[1]
Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	79,830		95,940
Long-term borrowings	215,503		224,776
Non Recourse Borrowings Of Consolidated Securitization Entities	29,966		30,123
Bank deposits	50,761		46,461
Subsidiaries GECC [Member] | US Commercial Paper [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	27,360		33,686
Subsidiaries GECC [Member] | Non US Commercial Paper [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	5,671		9,370
Subsidiaries GECC [Member] | Current Portion Of Long Term Borrowings [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	38,065		44,264
Subsidiaries GECC [Member] | GE Interest Plus notes [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	8,482		8,189
Subsidiaries GECC [Member] | Other Short Term Borrowing [Member]
Borrowings And Bank Deposits [Line Items]
Short-term borrowings	252		431
Subsidiaries GECC [Member] | Senior unsecured notes [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	191,118		199,646
Subsidiaries GECC [Member] | Subordinated notes [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	4,787		4,965
Subsidiaries GECC [Member] | Subordinated Debt [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	7,312		7,286
Subsidiaries GECC [Member] | Other Long Term Borrowing [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	$ 12,286		$ 12,879

[1] (a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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GECC Revenues from Services (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Subsidiary Revenue From Services [Line Items]
Total	$ 10,210	$ 10,928	$ 31,935	$ 32,925
Guarantee Provided By Parent Offset			96
Consolidation, Eliminations [Member]
Subsidiary Revenue From Services [Line Items]
Total	(427)	(312)	(1,160)	(953)
Subsidiaries GECC [Member]
Subsidiary Revenue From Services [Line Items]
Interest On Loans	4,585	4,708	13,608	14,328
Equipment leased to others	2,435	2,531	7,397	7,720
Fees	1,199	1,173	3,499	3,493
Investment Income	514	636	1,502	1,971
Financing leases	395	392	1,220	1,455
Premiums earned by insurance activities	403	433	1,208	1,294
Real estate investments	331	464	2,139	1,202
Associated companies	406	451	852	1,146
Other items	369	452	1,670	1,269
Total	10,637	11,240	33,095	33,878
Net other-than-temporary impairments on investment securities	56	25	467	89
Subsidiaries GECC [Member] | Sale Of Rockefeller Center [Member]
Subsidiary Revenue From Services [Line Items]
Proceeds from Sale of Real Estate Held-for-investment			902
Gross Eliminations [Member]
Subsidiary Revenue From Services [Line Items]
Total			$ 33,095	$ 33,878

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Goodwill and Other Intangible Assets (Intangible Assets Subject to Amortization) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 25,911		$ 25,911		$ 23,016
Accumulated amortization	(11,837)		(11,837)		(11,188)
Net	14,074		14,074		11,828
Adjustments To Reflect Present Value Of Future Profits In Run Off Insurance Operations To Reflect Effects That Would Have Been Recognized Had Related Unrealized Investment Securities Holding Gains Loses Actually Been Realized	327		327		353
Increase (Decrease) in Intangible Assets, Current			2,895
Amortization expense	429	359	1,257	1,079
Acquisition Avio SpA [Member]
Finite-Lived Intangible Assets [Line Items]
Increase (Decrease) in Intangible Assets, Current			1,830
Oil And Gas [Member] | Acquisition Lufkin Industries Inc [Member]
Finite-Lived Intangible Assets [Line Items]
Increase (Decrease) in Intangible Assets, Current			926
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	8,065		8,065		6,978
Accumulated amortization	(2,321)		(2,321)		(2,161)
Net	5,744		5,744		4,817
Patents, Licenses And Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	6,452		6,452		6,172
Accumulated amortization	(2,777)		(2,777)		(2,595)
Net	3,675		3,675		3,577
Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	8,114		8,114		7,537
Accumulated amortization	(5,219)		(5,219)		(4,691)
Net	2,895		2,895		2,846
Leases, Acquired-in-Place [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	731		731		1,163
Accumulated amortization	(510)		(510)		(792)
Net	221		221		371
Present Value Of Future Profits [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	566		566		530
Accumulated amortization	(566)		(566)		(530)
Net	0		0		0
All Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,983		1,983		636
Accumulated amortization	(444)		(444)		(419)
Net	1,539		1,539		217
All Other [Member] | Acquisition Avio SpA [Member]
Finite-Lived Intangible Assets [Line Items]
Increase (Decrease) in Intangible Assets, Current			$ 1,226

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Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2013

Financial Instruments [Abstract]

Estimated fair value of assets and liabilities

	September 30, 2013						December 31, 2012
			Assets (liabilities)						Assets (liabilities)
			Carrying						Carrying
	Notional		amount		Estimated		Notional		amount		Estimated
(In millions)	amount		(net)		fair value		amount		(net)		fair value
GE
Assets
Investments and notes
receivable	$	(a)	$	440	$	448	$	(a)	$	222	$	222
Liabilities
Borrowings(b)		(a)		(12,595)		(13,123)		(a)		(17,469)		(18,619)
GECC
Assets
Loans		(a)		224,691		228,490		(a)		236,678		239,084
Other commercial mortgages		(a)		2,012		1,956		(a)		2,222		2,249
Loans held for sale		(a)		357		357		(a)		1,180		1,181
Other financial instruments(c)		(a)		1,720		2,247		(a)		1,858		2,276
Liabilities
Borrowings and bank
deposits(b)(d)		(a)		(376,060)		(388,415)		(a)		(397,300)		(414,533)
Investment contract benefits		(a)		(3,186)		(3,745)		(a)		(3,321)		(4,150)
Guaranteed investment
contracts		(a)		(1,521)		(1,531)		(a)		(1,644)		(1,674)
Insurance – credit life(e)		2,155		(112)		(95)		2,277		(120)		(104)

(a)These financial instruments do not have notional amounts.

(b)See Note 8.

(c)Principally cost method investments.

(d)Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at September 30, 2013 and December 31, 2012 would have been reduced by $2,851 million and $7,937 million, respectively.

(e)Net of reinsurance of $1,250 million and $2,000 million atSeptember 30, 2013 and December 31, 2012, respectively.

Loan commitments

Loan Commitments
	Notional amount at
	September 30,		December 31,
(In millions)	2013		2012
Ordinary course of business lending commitments(a)	$	4,781	$	3,708
Unused revolving credit lines(b)
Commercial(c)		15,095		17,929
Consumer – principally credit cards		284,855		271,387

(a)Excluded investment commitments of $1,615 million and $1,276 million as of September 30, 2013 and December 31, 2012, respectively.

(b)Excluded inventory financing arrangements, which may be withdrawn at our option, of $14,233 million and $12,813 million as of September 30, 2013 and December 31, 2012, respectively.

(c)Included commitments of $10,776 million and $12,923 million as of September 30, 2013 and December 31, 2012, respectively, associated with secured financing arrangements that could have increased to a maximum of $13,461 million and $15,731 million at September 30, 2013 and December 31, 2012, respectively, based on asset volume under the arrangement.

Fair value of derivatives by contract type

	At
	September 30, 2013				December 31, 2012
	Fair value				Fair value
(In millions)		Assets		Liabilities		Assets		Liabilities
Derivatives accounted for as hedges
Interest rate contracts	$	4,339		1,630	$	8,443	$	719
Currency exchange contracts		906		1,593		890		1,777
Other contracts		1		3		1		-
		5,246		3,226		9,334		2,496
Derivatives not accounted for as hedges
Interest rate contracts		304		158		452		195
Currency exchange contracts		1,589		1,792		1,797		691
Other contracts		203		44		283		72
		2,096		1,994		2,532		958
Gross derivatives recognized in statement of
financial position
Gross derivatives		7,342		5,220		11,866		3,454
Gross accrued interest		1,199		102		1,683		14
		8,541		5,322		13,549		3,468
Amounts offset in statement of financial position
Netting adjustments(a)		(3,819)		(3,813)		(2,801)		(2,786)
Cash collateral(b)		(2,056)		(624)		(5,125)		(391)
		(5,875)		(4,437)		(7,926)		(3,177)
Net derivatives recognized in statement of
financial position
Net derivatives		2,666		885		5,623		291
Amounts not offset in statement of
financial position
Securities held as collateral(c)		(1,706)		-		(5,227)		-
Net amount	$	960	$	885	$	396	$	291

Derivatives are classified in the captions “All other assets” and “All other liabilities” and the related accrued interest is classified in “Other GECC receivables” and “All other liabilities” in our financial statements.

(a)The netting of derivative receivables and payables is permitted when a legally enforceable master netting agreement exists. Amounts included fair value adjustments related to our own and counterparty non-performance risk. At September 30, 2013 and December 31, 2012, the cumulative adjustment for non-performance risk was a gain (loss) of $(6) million and $(15) million, respectively.

(b)       Excludes excess cash collateral receivedand posted of $24 million and $11 million at September 30, 2013, respectively, and $42 million and $10 million at December 31, 2012, respectively.

(c)       Excludes excess securities collateral received of $53 million and $359 million at September 30, 2013 and December 31, 2012, respectively.

Fair value hedges

	Three months ended September 30,
	2013				2012
(In millions)	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
	derivatives		items		derivatives		items
Interest rate contracts	$	(449)	$	410	$	441	$	(552)
Currency exchange contracts		(4)		3		8		(10)

Fair value hedges resulted in $(40) million and $(113)million of ineffectiveness in the three months ended September 30, 2013 and 2012, respectively. In both the three months ended September 30, 2013 and 2012, there were insignificant amounts excluded from the assessment of effectiveness.

	Nine months ended September 30,
	2013				2012
(In millions)	Gain (loss)		Gain (loss)		Gain (loss)		Gain (loss)
	on hedging		on hedged		on hedging		on hedged
	derivatives		items		derivatives		items
Interest rate contracts	$	(4,295)	$	4,236	$	1,226	$	(1,514)
Currency exchange contracts		(11)		10		(103)		91

Fair value hedges resulted in $(60) million and $(300)million of ineffectiveness in the nine months ended September 30, 2013 and 2012, respectively. In both the nine months ended September 30, 2013 and 2012, there were insignificant amounts excluded from the assessment of effectiveness.

Cash flow hedges

					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings
(In millions)	for the three months ended September 30,				for the three months ended September 30,
	2013		2012		2013		2012
Cash flow hedges
Interest rate contracts	$	(24)	$	(68)	$	(88)	$	(118)
Currency exchange contracts		58		301		114		203
Commodity contracts		1		4		(1)		(1)
Total	$	35	$	237	$	25	$	84

					Gain (loss) reclassified
	Gain (loss) recognized in AOCI				from AOCI into earnings for
(In millions)	for the nine months ended September 30,				for the nine months ended September 30,
	2013		2012		2013		2012
Cash flow hedges
Interest rate contracts	$	(15)	$	(147)	$	(282)	$	(384)
Currency exchange contracts		372		590		290		473
Commodity contracts		(6)		8		(3)		(3)
Total	$	351	$	451	$	5	$	86

The total pre-tax amount in AOCI related to cash flow hedges of forecasted transactions was a $380 million loss at September 30, 2013. We expect to transfer $272million to earnings as an expense in the next 12 months contemporaneously with the earnings effects of the related forecasted transactions. Inboth thethree and nine months ended September 30, 2013 and 2012, we recognized insignificant gains and losses related to hedged forecasted transactions and firm commitments that did not occur by the end of the originally specified period. At September 30, 2013 and2012, the maximum term of derivative instruments that hedge forecasted transactions was 19 years and 20 years, respectively.

Net investment hedges

	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
(In millions)	for the three months ended September 30,				for the three months ended September 30,
	2013		2012		2013		2012
Net investment hedges
Currency exchange contracts	$	645	$	(2,939)	$	(169)	$	39

	Gain (loss) recognized in CTA				Gain (loss) reclassified from CTA
(In millions)	for the nine months ended September 30,				for the nine months ended September 30,
	2013		2012		2013		2012
Net investment hedges
Currency exchange contracts	$	3,162	$	(2,588)	$	(278)	$	27

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Shareowners' Equity (Reclass Out of Accumulated Other Comprehensive Income) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Income Tax Expense (Benefit)	$ 345	$ 557	$ 1,159	$ 1,718
Net Income (Loss) Available to Common Stockholders, Basic	3,191	3,491	9,851	9,630
Financial Services Revenue	10,210	10,928	31,935	32,925
Interest and other financial charges	2,462	2,972	7,700	9,521
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	3,263	3,467	10,304	10,427
Subsidiaries GECC [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Income Tax Expense (Benefit)	1	80	94	399
Net Income (Loss) Available to Common Stockholders, Basic	1,812	1,568	5,296	4,712
Financial Services Revenue	10,637	11,240	33,095	33,878
Interest and other financial charges	2,241	2,798	7,046	8,962
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	1,905	1,695	5,782	5,615
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Net Income (Loss) Available to Common Stockholders, Basic	(710)	(738)	(2,355)	(2,280)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax	49	48	71	56
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax	7	72	85	67
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax	56	120	156	123
Reclassification out of Accumulated Other Comprehensive Income [Member] | Available-for-sale Securities [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Gain (Loss) on Investments, Excluding Other than Temporary Impairments	(26)	(28)	(277)	(73)
Income Tax Expense (Benefit)	11	10	124	28
Net Income (Loss) Available to Common Stockholders, Basic	(15)	(18)	(153)	(45)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Financial Services Revenue	73	268	210	673
Interest and other financial charges	(11)	(23)	(42)	(93)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Income Tax Expense (Benefit)	(20)	(188)	(85)	(208)
Net Income (Loss) Available to Common Stockholders, Basic	5	(104)	(80)	(122)
Other Nonoperating Income (Expense)	51	(43)	119	(110)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	25	84	5	86
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Interest Rate Contract [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Interest Income (Expense), Net	(88)	(118)	(282)	(384)
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Foreign Exchange Contract [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Financial Services Revenue	62	245	168	580
Accumulated Defined Benefit Plans Adjustment [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Income Tax Expense (Benefit)	402	399	1,209	1,205
Net Income (Loss) Available to Common Stockholders, Basic	(756)	(736)	(2,278)	(2,236)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	(1,158)	(1,135)	(3,487)	(3,441)
Other Comprehensive (Income) Loss, Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), before Tax	(168)	(201)	(499)	(645)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax	$ (990)	$ (934)	$ (2,988)	$ (2,796)

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Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On

9 Months Ended

Sep. 30, 2013

Credit Quality Financing Receivables [Abstract]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables

17. SUPPLEMENTAL INFORMATION ABOUT THE CREDIT QUALITY OF FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES

We provide further detailed information about the credit quality of our Commercial, Real Estate and Consumer financing receivables portfolios. For each portfolio, we describe the characteristics of the financing receivables and provide information about collateral, payment performance, credit quality indicators, and impairment. We manage these portfolios using delinquency and nonearning data as key performance indicators. The categories used within this section such as impaired loans, troubled debt restructuring (TDR) and nonaccrual financing receivables are defined by the authoritative guidance and we base our categorization on the related scope and definitions contained in the related standards. The categories of nonearning and delinquent are defined by us and are used in our process for managing our financing receivables. Definitions of these categories are provided in Note 1 in our 2012 consolidated financial statements.

COMMERCIAL

Financing Receivables and Allowance for Losses

The following table provides further information about general and specific reserves related to Commercial financing receivables.

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
CLL
Americas	$	69,240	$	72,517
Europe(a)		35,529		37,037
Asia		9,573		11,401
Other(a)		468		603
Total CLL		114,810		121,558
Energy Financial Services		4,367		4,851
GECAS		9,642		10,915
Other		393		486
Total Commercial financing receivables, before allowance for losses	$	129,212	$	137,810
Non-impaired financing receivables	$	125,086	$	132,741
General reserves		599		554
Impaired loans		4,126		5,069
Specific reserves		311		487

(a)During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

Past Due Financing Receivables

The following table displays payment performance of Commercial financing receivables.

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due		past due		past due
CLL
Americas	1.0	%	0.5	%	1.1	%	0.5	%
Europe	4.2		2.0		3.7		2.1
Asia	0.8		0.5		0.9		0.6
Other	0.0		0.0		0.1		0.0
Total CLL	2.0		1.0		1.9		1.0
Energy Financial Services	0.0		0.0		0.0		0.0
GECAS	0.0		0.0		0.0		0.0
Other	0.1		0.0		2.8		2.8
Total	1.8		0.8		1.7		0.9

Nonaccrual Financing Receivables

The following table provides further information about Commercial financing receivables that are classified as nonaccrual. Of our $3,404 million and $4,166million of nonaccrual financing receivables at September 30, 2013 and December 31, 2012,respectively, $2,105 million and $2,647 millionare currently paying in accordance with their contractual terms, respectively.

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
CLL
Americas	$	1,655		$	1,951		$	1,182		$	1,333
Europe		1,269			1,740			916			1,299
Asia		465			395			226			193
Other		-			52			-			52
Total CLL		3,389			4,138			2,324			2,877
Energy Financial Services		4			-			4			-
GECAS		-			3			-			-
Other		11			25			-			13
Total	$	3,404		$	4,166		$	2,328		$	2,890
Allowance for losses percentage		26.7	%		25.0	%		39.1	%		36.0	%

Impaired Loans

The following table provides information about loans classified as impaired and specific reserves related to Commercial.

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment in		investment		principal		Associated		investment
(In millions)	in loans		balance		loans		in loans		balance		allowance		in loans
September 30, 2013
CLL
Americas	$	1,979	$	2,391	$	2,275	$	474	$	633	$	131	$	517
Europe		865		1,747		995		470		739		167		525
Asia		237		242		149		86		109		12		88
Other		-		-		-		-		-		-		15
Total CLL		3,081		4,380		3,419		1,030		1,481		310		1,145
Energy Financial Services		-		-		-		4		4		1		2
GECAS		-		-		-		-		-		-		1
Other		10		10		10		1		1		-		5
Total	$	3,091	$	4,390	$	3,429	$	1,035	$	1,486	$	311	$	1,153
December 31, 2012
CLL
Americas	$	2,487	$	2,927	$	2,535	$	557	$	681	$	178	$	987
Europe		1,131		1,901		1,009		643		978		278		805
Asia		62		64		62		109		120		23		134
Other		-		-		43		52		68		6		16
Total CLL		3,680		4,892		3,649		1,361		1,847		485		1,942
Energy Financial Services		-		-		2		-		-		-		7
GECAS		-		-		17		3		3		-		5
Other		17		28		26		8		8		2		40
Total	$	3,697	$	4,920	$	3,694	$	1,372	$	1,858	$	487	$	1,994

We recognized $173 million, $253million and $181million of interest income, including $53million, $92million and $70million on a cash basis, for the nine months ended September 30, 2013, the year ended December 31, 2012 and the nine months ended September 30, 2012, respectively, principally in our CLL Americas business.The total average investment in impaired loans for the nine months ended September 30, 2013and the year ended December 31, 2012was $4,582 million and $5,688 million, respectively.

Impaired loans classified as TDRs in our CLL business were $3,211 million and $3,872million at September 30, 2013 and December 31, 2012, respectively, and were primarily attributable to CLL Americas ($2,129million and $2,577million, respectively). For the ninemonths ended September 30, 2013, we modified $1,153million of loans classified as TDRs,primarily in CLL Americas ($580million). Changes to these loans primarily included extensions, interest only payment periods, debt to equity exchange and forbearance or other actions, which are in addition to, or sometimes in lieu of, fees and rate increases. Of our $1,808million and $2,736millionof modifications classified as TDRs in thetwelvemonths ended September 30, 2013 and 2012, respectively, $80million and $157 million have subsequently experienced a payment default in thenine months ended September 30, 2013 and 2012, respectively.

Credit Quality Indicators

Substantially all of our Commercial financing receivables portfolio is secured lending and we assess the overall quality of the portfolio based on the potential risk of loss measure. The metric incorporates both the borrower's credit quality along with any related collateral protection.

Our internal risk ratings process is an important source of information in determining our allowance for losses and represents a comprehensive, statistically validated approach to evaluate risk inour financing receivables portfolios. In deriving our internal risk ratings, we stratify our Commercial portfolios into 21 categories of default risk and/or six categories of loss given default to group into three categories: A, B and C. Our process starts by developing an internal risk rating for our borrowers, which are based upon our proprietary models using data derived from borrower financial statements, agency ratings, payment history information, equity prices and other commercial borrower characteristics. We then evaluate the potential risk of loss for the specific lending transaction in the event of borrower default, which takes into account such factors as applicable collateral value, historical loss and recovery rates for similar transactions, and our collection capabilities.Our internal risk ratingsprocess and the models we use are subject to regular monitoring and validation controls. The frequency of rating updates is set by our credit risk policy, which requires annual Risk Committee approval. The models are updated on a regular basis and statistically validated annually, or more frequently as circumstances warrant.

The table below summarizes our Commercial financing receivables by risk category. As described above, financing receivables are assigned one of 21 risk ratings based on our process and then these are grouped by similar characteristics into three categories in the table below. Category A is characterized by either high credit quality borrowers or transactions with significant collateral coverage, which substantially reduces or eliminates the risk of loss in the event of borrower default. Category B is characterized by borrowers with weaker credit quality than those in Category A, or transactions with moderately strong collateral coverage, which minimizes but may not fully mitigate the risk of loss in the event of default. Category C is characterized by borrowers with higher levels of default risk relative to our overall portfolio or transactions where collateral coverage may not fully mitigate a loss in the event of default.

	Secured
(In millions)	A		B		C		Total
September 30, 2013
CLL
Americas	$	66,084	$	1,531	$	1,625	$	69,240
Europe(a)		33,450		484		1,054		34,988
Asia		9,050		103		264		9,417
Other(a)		113		-		-		113
Total CLL		108,697		2,118		2,943		113,758
Energy Financial Services		4,202		38		-		4,240
GECAS		9,504		111		27		9,642
Other		393		-		-		393
Total	$	122,796	$	2,267	$	2,970	$	128,033
December 31, 2012
CLL
Americas	$	68,360	$	1,775	$	2,382	$	72,517
Europe(a)		33,756		1,188		1,256		36,200
Asia		10,732		117		372		11,221
Other(a)		159		-		94		253
Total CLL		113,007		3,080		4,104		120,191
Energy Financial Services		4,725		-		-		4,725
GECAS		10,681		223		11		10,915
Other		486		-		-		486
Total	$	128,899	$	3,303	$	4,115	$	136,317

(a)During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

For our secured financing receivables portfolio, our collateral position and ability to work out problem accounts mitigates our losses. Our asset managers have deep industry expertise that enables us to identify the optimum approach to default situations. We price risk premiums for weaker credits at origination, closely monitor changes in creditworthiness through our risk ratings and watch list process, and are engaged early with deteriorating credits to minimize economic loss. Secured financing receivables within risk Category C are predominantly in our CLL businesses and are primarily composed of senior term lending facilities and factoring programs secured by various asset types including inventory, accounts receivable, cash, equipment and related business facilities as well as franchise finance activities secured by underlying equipment.

Loans within Category C are reviewed and monitored regularly, and classified as impaired when it is probable that they will not pay in accordance with contractual terms. Our internal risk rating process identifies credits warranting closer monitoring; and as such, these loans are not necessarily classified as nonearning or impaired.

Our unsecured Commercial financing receivables portfolio is primarily attributable to our InterbancaS.p.A. and GE Sanyo Credit acquisitions in Europe and Asia, respectively. At September 30, 2013 and December 31, 2012, these financing receivables included $398 million and $458 million rated A, $514 million and $583 million rated B, and $267 million and $452 million rated C, respectively.

REAL ESTATE

Financing Receivables and Allowance for Losses

The following table provides further information about general and specific reserves related to Real Estate financing receivables.

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
Real Estate financing receivables, before allowance for losses	$	18,966	$	20,946
Non-impaired financing receivables	$	14,769	$	15,253
General reserves		87		132
Impaired loans		4,197		5,693
Specific reserves		83		188

Past Due Financing Receivables

The following table displays payment performance of Real Estate financing receivables.

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due		past due		past due
Real Estate	1.4	%	1.4	%	2.3	%	2.2	%

Nonaccrual Financing Receivables

The following table provides further information about Real Estate financing receivables that are classified as nonaccrual. Of our $3,723 million and $4,885millionof nonaccrual financing receivables at September 30, 2013 and December 31, 2012,respectively, $3,454 million and $4,461 million are currently paying in accordance with their contractual terms, respectively.

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
Real Estate	$	3,723		$	4,885		$	357		$	444
Allowance for losses percentage		4.6	%		6.6	%		47.6	%		72.1	%

Impaired Loans

The following table provides information about loans classified as impaired and specific reserves related to Real Estate.

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment		investment		principal		Associated		investment
(In millions)	in loans		balance		in loans		in loans		balance		allowance		in loans
September 30, 2013
Real Estate	$	2,793	$	3,149	$	3,169	$	1,404	$	1,724	$	83	$	1,799
December 31, 2012
Real Estate	$	3,491	$	3,712	$	3,773	$	2,202	$	2,807	$	188	$	3,752

We recognized $161 million, $329million and $265million of interest income, including $132million, $237million and $183million on a cash basis, for the nine months ended September 30, 2013, the year ended December 31, 2012 and the nine months ended September 30, 2012, respectively. The total average investment in impaired loans for the nine months ended September 30, 2013 and the year ended December 31, 2012was $4,968 million and $7,525 million, respectively.

Real Estate TDRs decreased from $5,146 million at December 31, 2012 to $3,931million at September 30, 2013, primarily driven by resolution of TDRs through paydowns and the impact of currency exchange, partially offset by extensions of loans scheduled to mature during 2013, some of which were classified as TDRs upon modification. We deem loan modifications to be TDRs when we have granted a concession to a borrower experiencing financial difficulty and we do not receive adequate compensation in the form of an effective interest rate that is at current market rates of interest given the risk characteristics of the loan or other consideration that compensates us forthe value of the concession. The limited liquidity and higher return requirements in the real estate market for loans with higher loan-to-value (LTV) ratios has typically resulted in the conclusion that the modified terms are not at current market rates of interest, even if the modified loans are expected to be fully recoverable. For the nine months ended September 30, 2013, we modified $1,357million of loans classified as TDRs. Changes to these loans primarily included maturity extensions, principal payment acceleration, changes to collateral or covenant terms and cash sweeps, which are in addition to, or sometimes in lieu of, fees and rate increases. Of our $2,089million and $4,606 million of modifications classified as TDRs in the twelvemonths ended September 30, 2013 and 2012, respectively, $282million and $212 million have subsequently experienced a payment default in the ninemonths ended September 30, 2013 and 2012, respectively.

Credit Quality Indicators

Due to the primarily non-recourse nature of our Debt portfolio, loan-to-value ratios provide the best indicators of the credit quality of the portfolio.

	Loan-to-value ratio
	September 30, 2013						December 31, 2012
	Less than		80% to		Greater than		Less than		80% to		Greater than
(In millions)	80%		95%		95%		80%		95%		95%
Debt	$	14,387	$	1,221	$	2,371	$	13,570	$	2,572	$	3,604

By contrast, the credit quality of the owner occupied/credit tenant portfolio is primarily influenced by the strength of the borrower's general credit quality, which is reflected in our internal risk rating process, consistent with the process we use for our Commercial portfolio.As of September 30, 2013, the internal risk rating of A, B and C for our owner occupied/credit tenant portfolio approximated $595 million, $194million and $198million, respectively, as compared to the December 31, 2012, ratings of $956million, $25million and $219million, respectively.

WithinReal Estate-Debt, these financing receivables are primarily concentrated in our North American and European Lending platforms and are secured by various property types. A substantial majority of the Real Estate-Debt financing receivables with loan-to-value ratios greater than 95% are paying in accordance with contractual terms. Substantially all of these loans and the majority of ourowner occupied/credit tenant financing receivables included in Category Care impaired loans that are subject to the specific reserve evaluation process described in Note 1 in our 2012 consolidated financial statements. The ultimate recoverability of impaired loans is driven by collection strategies that do not necessarily depend on the sale of the underlying collateral and include full or partial repayments through third-party refinancing and restructurings.

CONSUMER

At September 30, 2013, our U.S. consumer financing receivables included private-label credit card and sales financing for approximately 56 million customers across the U.S. with no metropolitan area accounting for more than 6% of the portfolio. Of the total U.S. consumer financing receivables, approximately 65% relate to credit card loans, which are often subject to profit and loss sharing arrangements with the retailer (which are recorded in revenues), and the remaining 35% are sales finance receivables, which provide financing to customers in areas such as electronics, recreation, medical and home improvement.

Financing Receivables and Allowance for Losses

The following table provides further information about general and specific reserves related to Consumer financing receivables.

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
Non-U.S. residential mortgages	$	31,142	$	33,451
Non-U.S. installment and revolving credit		17,305		18,546
U.S. installment and revolving credit		51,799		50,853
Non-U.S. auto		3,524		4,260
Other		7,427		8,070
Total Consumer financing receivables, before allowance for losses	$	111,197	$	115,180
Non-impaired financing receivables	$	108,002	$	111,960
General reserves		3,388		2,950
Impaired loans		3,195		3,220
Specific reserves		684		674

Past Due Financing Receivables

The following table displays payment performance of Consumer financing receivables.

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due(a)		past due		past due(a)
Non-U.S. residential mortgages(b)	11.5	%	7.1	%	12.0	%	7.5	%
Non-U.S. installment and revolving credit	3.7		1.1		3.9		1.1
U.S. installment and revolving credit	4.3		1.9		4.6		2.0
Non-U.S. auto	3.1		0.4		3.1		0.5
Other	2.7		1.5		2.8		1.7
Total	6.1		3.1		6.5		3.4

• Included $28 million and $24 million of loans at September 30, 2013 and December 31, 2012, respectively, which are over 90 days past due and accruing interest, mainly representing accretion on loans acquired at a discount.
• Consumer loans secured by residential real estate (both revolving and closed-end loans) are written down to the fair value of collateral, less costs to sell, no later than when they become 180 days past due.

Nonaccrual Financing Receivables

The following table provides further information about Consumer financing receivables that are classified as nonaccrual.

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
Non-U.S. residential mortgages	$	2,269		$	2,600		$	2,258		$	2,569
Non-U.S. installment and revolving credit		205			224			205			224
U.S. installment and revolving credit		936			1,026			936			1,026
Non-U.S. auto		20			24			20			24
Other		386			427			341			351
Total	$	3,816		$	4,301		$	3,760		$	4,194
Allowance for losses percentage		106.7	%		84.3	%		108.3	%		86.4	%

Impaired Loans

The vast majority of our Consumer nonaccrual financing receivables are smaller balance homogeneous loans evaluated collectively, by portfolio, for impairment and therefore are outside the scope of the disclosure requirement for impaired loans. Accordingly, impaired loans in our Consumer business represent restructured smaller balance homogeneous loans meeting the definition of a TDR, and are therefore subject to the disclosure requirement for impaired loans, and commercial loans in our Consumer–Other portfolio. The recorded investment of these impaired loans totaled $3,195 million (with an unpaid principal balance of $3,267 million) and comprised $99million with no specific allowance, primarily all in our Consumer–Other portfolio, and $3,096million with a specific allowance of $684million at September 30, 2013. The impaired loans with a specific allowance included $307million with a specific allowance of $76million in our Consumer–Other portfolio and $2,789million with a specific allowance of $608million across the remaining Consumer business and had an unpaid principal balance and average investment of $3,140million and $3,112million, respectively, at September 30, 2013. We recognized $169 million, $169million and $127millionof interest income, including $3million, $5million and $5million on a cash basis,for the nine months ended September 30, 2013, the year ended December 31, 2012 and the nine months ended September 30, 2012, respectively, principally in our Consumer–U.S. installment and revolving credit portfolios. The total average investment in impaired loans for the ninemonths ended September 30, 2013and the year ended December 31, 2012was $3,207 million and $3,056 million, respectively.

Impaired loans classified as TDRs in our Consumer business were $3,037 million and $3,053million at September 30, 2013 and December 31, 2012, respectively. We utilize certain loan modification programs for borrowers experiencingfinancial difficulties in our Consumer loan portfolio. These loan modification programs primarily include interest rate reductions and payment deferrals in excess of three months, which were not part of the terms of the original contract, and are primarily concentrated in our non-U.S. residential mortgage and U.S. credit card portfolios. For the nine months endedSeptember 30, 2013, we modified$1,157million of consumer loans for borrowers experiencing financial difficulties, which are classified as TDRs, and included $719million of non-U.S.consumer loans, primarily residential mortgages, credit cards and personal loans and $438million of U.S. consumer loans, primarily credit cards.We expect borrowers whose loans have been modified under these programs to continue to be able to meet their contractual obligations upon the conclusion of the modification. Of our $1,577million and $1,699 million of modifications classified as TDRs in the twelve months ended September 30, 2013 and 2012, respectively,$215million and $188 million have subsequently experienced a payment default in the nine months ended September 30, 2013 and 2012, respectively.

Credit Quality Indicators

Our Consumer financing receivables portfolio comprises both secured and unsecured lending. Secured financing receivables comprise residential loans and lending to small and medium-sized enterprises predominantly secured by auto and equipment, inventory finance, and cash flow loans. Unsecured financing receivables include private-label credit card financing. A substantial majority of these cards are not for general use and are limited to the products and services sold by the retailer. The private label portfolio is diverse with no metropolitan area accounting for more than 5% of the related portfolio.

Non-U.S. residential mortgages

For our secured non-U.S. residential mortgage book, we assess the overall credit quality of the portfolio through loan-to-value ratios (the ratio of the outstanding debt on a property to the value of that property at origination). In the event of default and repossession of the underlying collateral, we have the ability to remarket and sell the properties to eliminate or mitigate the potential risk of loss. The table below provides additional information about our non-U.S. residential mortgages based on loan-to-value ratios.

	Loan-to-value ratio
	September 30, 2013							December 31, 2012
	80% or		Greater than		Greater than		80% or		Greater than		Greater than
(In millions)	less		80% to 90%		90%		less		80% to 90%		90%
Non-U.S.
residential
mortgages	$	17,401	$	5,238	$	8,503	$	18,613	$	5,739	$	9,099

The majority of these financing receivables are in our U.K. and France portfolios and have re-indexed loan-to-value ratios of79% and 56%, respectively. We have third-party mortgage insurance for about30% of the balance of Consumer non-U.S. residential mortgage loans with loan-to-value ratios greater than 90% at September 30, 2013. Such loans were primarily originated in Poland, France and the U.K.

Installment and Revolving Credit

For our unsecured lending products, including the non-U.S. and U.S. installment and revolving credit and non-U.S. auto portfolios, we assess overall credit quality using internal and external credit scores. Our internal credit scores imply a probability of default, which we consistently translate into three approximate credit bureau equivalent credit score categories, including (a) 681 or higher, which are considered the strongest credits; (b) 615 to 680, considered moderate credit risk; and (c) 614 or less, which are considered weaker credits.

	Internal ratings translated to approximate credit bureau equivalent score
	September 30, 2013						December 31, 2012
	681 or		615 to		614 or		681 or		615 to		614 or
(In millions)	higher		680		less		higher		680		less
Non-U.S.
installment and
revolving credit	$	10,037	$	4,098	$	3,170	$	10,493	$	4,496	$	3,557
U.S. installment
and revolving
credit		34,187		10,293		7,319		33,204		9,753		7,896
Non-U.S. auto		2,705		488		331		3,141		666		453

Of those financing receivable accounts with credit bureau equivalent scores of 614 or less at September 30, 2013, 97% relate to installment and revolving credit accounts. These smaller balance accounts have an average outstanding balance less than one thousand U.S. dollars and are primarily concentrated in our retail card and sales finance receivables in the U.S. (which are often subject to profit and loss sharing arrangements), and closed-end loans outside the U.S., which minimizes the potential for loss in the event of default. For lower credit scores, we adequately price for the incremental risk at origination and monitor credit migration through our risk ratings process. We continuously adjust our credit line underwriting management and collection strategies based on customer behavior and risk profile changes.

Consumer – Other

Secured lending in Consumer – Other comprises loans to small and medium-sized enterprises predominantly secured by auto and equipment, inventory finance and cash flow loans. We develop our internal risk ratings for this portfolio in a manner consistent with the process used to develop our Commercial credit quality indicators, described above. We use the borrower's credit quality and underlying collateral strength to determine the potential risk of loss from these activities.

At September 30, 2013, Consumer – Other financing receivables of $6,597 million, $247 million and $583 million were rated A, B, and C, respectively. At December 31, 2012, Consumer – Other financing receivables of $6,873 million, $451 million and $746 million were rated A, B, and C, respectively.

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Condensed Statement of Financial Position (Unaudited) (Parenthetical) (USD $) In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Balance Sheet Related Disclosures [Abstract]
Preferred Stock, Shares Outstanding	50,000	40,000
Common Stock, Shares, Outstanding	10,117,369,000	10,405,625,000
Sum of accumulated other comprehensive income - net	$ (17,863)	$ (20,230)
Accumulated other comprehensive income - net attributable to noncontrolling interests	(176)	(155)
Assets of consolidated variable interest entities that can only be used to settle the liabilities of those VIEs	46,748
Net financing receivables of certain VIEs that can only be used to settle the liabilities of those VIEs	40,398
Investment securities of certain VIEs that can only be used to settle the liabilities of those VIEs	4,148
Nonrecourse Borrowings Of Consolidated Securitization Entities Where VIE Creditors Do Not Have Recourse To Company	$ 28,416

XML

Summary of Operating Segments (Unaudited)

9 Months Ended

Sep. 30, 2013

Summary of Operating Segments [Abstract]

Summary of Operating Segments

Summary of Operating Segments

General Electric Company and consolidated affiliates

	Three months ended September 30,				Nine months ended September 30,
	(Unaudited)				(Unaudited)
(In millions)	2013		2012		2013		2012
Revenues(a)
Power & Water	$	6,498	$	7,196	$	17,038	$	20,647
Oil & Gas		4,315		3,645		11,669		10,693
Energy Management		1,828		1,879		5,557		5,478
Aviation		5,364		4,781		15,741		14,527
Healthcare		4,304		4,307		13,083		13,107
Transportation		1,406		1,409		4,425		4,244
Home & Business Solutions		2,098		1,955		6,142		5,899
Total industrial segment revenues		25,813		25,172		73,655		74,595
GE Capital		10,670		11,274		33,185		33,968
Total segment revenues		36,483		36,446		106,840		108,563
Corporate items and eliminations(a)		(758)		(192)		(982)		(832)
Consolidated revenues and other income	$	35,725	$	36,254	$	105,858	$	107,731
Segment profit(a)
Power & Water	$	1,289	$	1,184	$	3,095	$	3,675
Oil & Gas		519		469		1,376		1,275
Energy Management		18		42		64		67
Aviation		1,091		924		3,094		2,708
Healthcare		665		620		1,986		1,899
Transportation		306		265		886		779
Home & Business Solutions		77		60		239		196
Total industrial segment profit		3,965		3,564		10,740		10,599
GE Capital		1,895		1,675		5,744		5,569
Total segment profit		5,860		5,239		16,484		16,168
Corporate items and eliminations(a)		(1,905)		(1,018)		(4,267)		(3,550)
GE interest and other financial charges		(338)		(294)		(988)		(960)
GE provision for income taxes		(344)		(477)		(1,065)		(1,319)
Earnings from continuing operations attributable
to the Company		3,273		3,450		10,164		10,339
Earnings (loss) from discontinued operations,
net of taxes, attributable to the Company		(82)		41		(313)		(709)
Consolidated net earnings attributable to
the Company	$	3,191	$	3,491	$	9,851	$	9,630

• Segment revenues includes both revenues and other income related to the segment. Segment profit excludes results reported as discontinued operations, earnings attributable to noncontrolling interests of consolidated subsidiaries, GECC preferred stock dividends declared and accounting changes. Segment profit excludes or includes interest and other financial charges andincome taxes according to how a particular segment's management is measured – excluded in determining segment profit, which we sometimes refer to as “operating profit,” for Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation and Home & Business Solutions; included in determining segment profit, which we sometimes refer to as “net earnings,” for GE Capital.

See accompanying notes.

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Investment Securities

9 Months Ended

Sep. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Investment Securities

3.INVESTMENT SECURITIES

Substantially all of our investment securities are classified as available-for-sale. These comprise mainly investment grade debt securities supporting obligations to annuitants, policyholders and holders of guaranteed investment contracts (GICs) in our run-off insurance operations and Trinity, and investments held in our Commercial Lending and Leasing (CLL) business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries. We do not have any securities classified as held-to-maturity.

	September 30, 2013								December 31, 2012
			Gross		Gross						Gross		Gross
	Amortized		unrealized		unrealized		Estimated		Amortized		unrealized		unrealized		Estimated
(In millions)	cost		gains		losses		fair value		cost		gains		losses		fair value
GE
Debt
U.S. corporate	$	22	$	10	$	-	$	32	$	39	$	-	$	-	$	39
Corporate – non-U.S.		13		1		-		14		6		-		-		6
Equity
Available-for-sale		37		3		-		40		26		-		-		26
Trading		10		-		-		10		3		-		-		3
		82		14		-		96		74		-		-		74
GECC
Debt
U.S. corporate		20,050		2,516		(209)		22,357		20,233		4,201		(302)		24,132
State and municipal		4,187		246		(189)		4,244		4,084		575		(113)		4,546
Residential mortgage-
backed(a)		1,944		146		(59)		2,031		2,198		183		(119)		2,262
Commercial mortgage-backed		2,919		194		(88)		3,025		2,930		259		(95)		3,094
Asset-backed		6,533		8		(62)		6,479		5,784		31		(77)		5,738
Corporate – non-U.S.		1,893		101		(96)		1,898		2,391		150		(126)		2,415
Government – non-U.S.		2,370		86		(7)		2,449		1,617		149		(3)		1,763
U.S. government and federal
agency		839		52		(40)		851		3,462		103		-		3,565
Retained interests		67		11		-		78		76		7		-		83
Equity
Available-for-sale		208		46		(3)		251		513		86		(3)		596
Trading		142		-		-		142		245		-		-		245
		41,152		3,406		(753)		43,805		43,533		5,744		(838)		48,439
Eliminations		(4)		-		-		(4)		(3)		-		-		(3)
Total	$	41,230	$	3,420	$	(753)	$	43,897	$	43,604	$	5,744	$	(838)	$	48,510

(a)Substantially collateralized by U.S. mortgages. Of our total RMBS portfolio at September 30, 2013, $1,286 million relates to securities issued by government-sponsored entities and $745million relates to securities of private label issuers. Securities issued by private label issuers are collateralized primarily by pools of individual direct mortgage loans of financial institutions.

The fair value of investment securities decreased to $43,897 million at September 30, 2013, from $48,510million at December 31, 2012, primarily due to the sale of U.S. government and federal agency securities at our treasury operations and the impact ofhigher interest rates.

The following tables present the estimated fair values and gross unrealized losses of our available-for-sale investment securities.

	In loss position for
	Less than 12 months					12 months or more
			Gross					Gross
	Estimated		unrealized			Estimated		unrealized
(In millions)	fair value		losses		(a)	fair value		losses		(a)
September 30, 2013
Debt
U.S. corporate	$	2,120	$	(134)		$	416	$	(75)
State and municipal		996		(84)			313		(105)
Residential mortgage-backed		237		(9)			511		(50)
Commercial mortgage-backed		292		(26)			773		(62)
Asset-backed		5,950		(13)			404		(49)
Corporate – non-U.S.		140		(1)			495		(95)
Government – non-U.S.		1,474		(6)			40		(1)
U.S. government and federal agency		444		(40)			-		-
Retained interests		9		-			-		-
Equity		17		(3)			-		-
Total	$	11,679	$	(316)		$	2,952	$	(437)
December 31, 2012
Debt
U.S. corporate	$	434	$	(7)		$	813	$	(295)
State and municipal		146		(2)			326		(111)
Residential mortgage-backed		98		(1)			691		(118)
Commercial mortgage-backed		37		-			979		(95)
Asset-backed		18		(1)			658		(76)
Corporate – non-U.S.		167		(8)			602		(118)
Government – non-U.S.		201		(1)			37		(2)
U.S. government and federal agency		-		-			-		-
Retained interests		3		-			-		-
Equity		26		(3)			-		-
Total	$	1,130	$	(23)		$	4,106	$	(815)

• Includes gross unrealized losses at September 30, 2013of $(131) million related to securities that had other-than-temporary impairments previously recognized.

We regularly review investment securities for impairment using both qualitative and quantitative criteria. We presently do not intend to sell the vast majority of our debt securities that are in an unrealized loss position and believe that it is not more likely than not that we will be required to sell these securities before recovery of our amortized cost. We believe that the unrealized loss associated with our equity securities will be recovered within the foreseeable future. The methodologies and significant inputs used to measure the amount of credit loss for our investment securities during thenine months ended September 30, 2013 have not changed from those described in Note 3 in our 2012 consolidated financial statements.

During the three months ended September 30, 2013, we recognized pre-tax, other-than-temporary impairments of $62 million, of which $56 million was recorded through earnings($13 million relates to equity securities), and $6 million was recorded in accumulated other comprehensive income (loss) (AOCI). At July 1, 2013, cumulative impairments recognized in earnings associated with debt securities still held were $945million. During the three months ended September 30, 2013, we recognized nofirst-time impairments and incremental charges on previously impaired securities of $42million. Of these cumulative amountsrecognized through September 30, 2013, $52million related to securities that were subsequently sold before the end of the third quarter of 2013.

During the three months ended September 30, 2012, we recognized pre-tax, other-than-temporary impairments of $25 million, all of which was recorded through earnings. At July 1, 2012, cumulative impairments recognized in earnings associated with debt securities still held were $578 million. During the three months ended September 30, 2012, we recognized nofirst-time impairments and incremental charges on previously impaired securities of $13 million. Of these cumulative amounts recognized through September 30, 2012, $39 million related to securities that were subsequently sold before the end of the third quarter of 2012.

During the nine months ended September 30, 2013, we recognized pre-tax, other-than-temporary impairments of $523 million, of which $487 million was recorded through earnings ($14 million relates to equity securities), and $36 million was recorded in AOCI. At January 1, 2013, cumulative impairments recognized in earnings associated with debt securities still held were $588 million. During the nine months ended September 30, 2013, we recognized first-time impairments of $385 million and incremental charges on previously impaired securities of $61 million. Of these cumulative amounts recognized through September 30, 2013, $99 million related to securities that were subsequently sold before the end of the third quarter of 2013.

During the nine months ended September 30, 2012, we recognized pre-tax, other-than-temporary impairments of $90 million, of which $89 million was recorded through earnings ($24 million relates to equity securities) and $1 million was recorded in AOCI. At January 1, 2012, cumulative impairments recognized in earnings associated with debt securities still held were $726 million. During the nine months ended September 30, 2012, we recognized first-time impairments of $10 million and incremental charges on previously impaired securities of $25 million. Of these cumulative amounts recognized through September 30, 2012, $209 million related to securities that were subsequently sold before the end of the third quarter of 2012.

Contractual Maturities of Investment in Available-for-Sale Debt Securities (Excluding Mortgage-Backed and Asset-Backed Securities)
	Amortized		Estimated
(In millions)	cost		fair value
Due
Within one year	$	2,784	$	2,800
After one year through five years		3,502		3,720
After five years through ten years		5,032		5,264
After ten years		18,056		20,061

We expect actual maturities to differ from contractual maturities because borrowers have the right to call or prepay certain obligations.

Supplemental information about gross realized gains and losses on available-for-sale investment securities follows.

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
GE
Gains	$	-	$	-	$	1	$	-
Losses, including impairments		-		-		(20)		-
Net		-		-		(19)		-
GECC
Gains		34		26		219		85
Losses, including impairments		(60)		(55)		(477)		(159)
Net		(26)		(29)		(258)		(74)
Total	$	(26)	$	(29)	$	(277)	$	(74)

Although we generally do not have the intent to sell any specific securities at the end of the period, in the ordinary course of managing our investment securities portfolio, we may sell securities prior to their maturities for a variety of reasons, including diversification, credit quality, yield and liquidity requirements and the funding of claims and obligations to policyholders. In some of our bank subsidiaries, we maintain a certain level of purchases and sales volume principally of non-U.S. government debt securities. In these situations, fair value approximates carrying value for these securities.

Proceeds from investment securities sales and early redemptions by issuers totaled $2,890million and $2,696 million in the three months ended September 30, 2013 and 2012, respectively, and $16,828 million and $9,200 million in the nine months ended September 30, 2013 and 2012, respectively, principally from the sale of Comcast guaranteed debt and short-term securities in our bank subsidiaries and treasury operations.

We recognized pre-tax gains (losses) on trading securities of $(2) million and $1 million in the three months ended September 30, 2013 and 2012, respectively, and $49 million and $37 million in thenine months ended September 30, 2013 and 2012, respectively.

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Earnings Per Share Information (Details) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Amount attributable to the Company:
Earnings from continuing operations attributable to common shareowners for per-share calculation, Basic	$ 3,269	$ 3,445	$ 10,150	$ 10,325
Earnings (loss) from discontinued operations for per-share calculation, Basic	(82)	41	(312)	(707)
Net earnings attributable to GE common shareowners for per-share calculation, Basic	3,187	3,486	9,838	9,617
Preferred stock dividends declared	0	0	0	0
Earnings from continuing operations attributable to common shareowners for per-share calculation, Diluted	3,259	3,445	10,150	10,325
Earnings (loss) from discontinued operations for per-share calculation, Diluted	(92)	41	(312)	(707)
Net earnings attributable to GE common shareowners for per-share calculation, Diluted	$ 3,177	$ 3,486	$ 9,838	$ 9,617
Average equivalent shares
Shares of GE common stock outstanding, Basic	10,151,000,000	10,523,000,000	10,262,000,000	10,552,000,000
Employee compensation-related shares (including stock options) and warrants, Basic	0	0	0	0
Total average equivalent shares, Basic	10,151,000,000	10,523,000,000	10,262,000,000	10,552,000,000
Shares of GE common stock outstanding, Diluted	10,151,000,000	10,523,000,000	10,262,000,000	10,552,000,000
Employee compensation-related shares (including stock options) and warrants, Diluted	72,000,000	45,000,000	65,000,000	38,000,000
Total average equivalent shares, Diluted	10,223,000,000	10,568,000,000	10,328,000,000	10,590,000,000
Per-share amounts
Earnings (loss) from continuing operations-Basic	$ 0.32	$ 0.33	$ 0.99	$ 0.98
Earnings (loss) from discontinued operations-Basic	$ (0.01)	$ 0	$ (0.03)	$ (0.07)
Net earnings-Basic	$ 0.31	$ 0.33	$ 0.96	$ 0.91
Earnings (loss) from continuing operations-Diluted	$ 0.32	$ 0.33	$ 0.98	$ 0.98
Earnings (loss) from discontinued operations-Diluted	$ (0.01)	$ 0	$ (0.03)	$ (0.07)
Net earnings-Diluted	$ 0.31	$ 0.33	$ 0.95	$ 0.91
Common Stock, Shares Authorized	13,200,000,000		13,200,000,000
Outstanding anti-dilutive stock awards not included in computation of diluted earnings per share	78,000,000	273,000,000	134,000,000	290,000,000
Common stock, par value per share	$ 0.06		$ 0.06

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Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2013

Summary of Significant Accounting Policies [Abstract]

Summary Of Significant Accounting Policies

Notes to Condensed, Consolidated Financial Statements (Unaudited)

1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying condensed, consolidated financial statements represent the consolidation of General Electric Company (the Company) and all companies that we directly or indirectly control, either through majority ownership or otherwise. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (2012 consolidated financial statements), which discusses our consolidation and financial statement presentation. As used in this report on Form 10-Q (Report), “GE” represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), whose continuing operations are presented on a one-line basis; GECC consists of General Electric Capital Corporation and all of its affiliates; and “Consolidated” represents the adding together of GE and GECC with the effects of transactions between the two eliminated. Unless otherwise indicated, we refer to the caption revenues and other income simply as “revenues” throughout Item 1 of this Form 10-Q.

We have reclassified certain prior-period amounts to conform to the current-period presentation. Unless otherwise indicated, information in these notes to the condensed, consolidated financial statements relates to continuing operations.

Accounting Changes

On January 1, 2012, we adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2011-05, an amendment to Accounting Standards Codification (ASC) 220, Comprehensive Income. ASU 2011-05 introduced a new statement, the Consolidated Statement of Comprehensive Income. The amendments affect only the display of those components of equity categorized as other comprehensive income and do not change existing recognition and measurement requirements that determine net earnings.

On January 1, 2012, we adopted FASB ASU 2011-04, an amendment to ASC 820, Fair Value Measurements. ASU 2011-04 clarifies or changes the application of existing fair value measurements, including: that the highest and best use valuation premise in a fair value measurement is relevant only when measuring the fair value of nonfinancial assets; that a reporting entity should measure the fair value of its own equity instrument from the perspective of a market participant that holds that instrument as an asset; to permit an entity to measure the fair value of certain financial instruments on a net basis rather than based on its gross exposure when the reporting entity manages its financial instruments on the basis of such net exposure; that in the absence of a Level 1 input, a reporting entity should apply premiums and discounts when market participants would do so when pricing the asset or liability consistent with the unit of account; and that premiums and discounts related to size as a characteristic of the reporting entity's holding are not permitted in a fair value measurement. Adopting these amendments had no effect on the financial statements. For a description of how we estimate fair value and our process for reviewing fair value measurements classified as Level 3 in the fair value hierarchy, see Note 1 in our 2012 consolidated financial statements.

See Note 1 in our 2012 consolidated financial statements for a summary of our significant accounting policies.

Interim Period Presentation

The condensed, consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these condensed, consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. It is suggested that these condensed, consolidated financial statements be read in conjunction with the financial statements and notes thereto included in our 2012 consolidated financial statements. We label our quarterly information using a calendar convention, that is, first quarter is labeled as ending on March 31, second quarter as ending on June 30, and third quarter as ending on September 30. It is our longstanding practice to establish interim quarterly closing dates using a fiscal calendar, which requires our businesses to close their books on either a Saturday or Sunday, depending on the business. The effects of this practice are modest and only exist within a reporting year. The fiscal closing calendar for 2013 is available on our website, www.ge.com/secreports.

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Earnings Per Share Information (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Calculation of earnings per share

	Three months ended September 30,
	2013				2012
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	3,259	$	3,269	$	3,445	$	3,445
Earnings (loss) from discontinued operations
for per-share calculation(a)		(92)		(82)		41		41
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	3,177	$	3,187	$	3,486	$	3,486
Average equivalent shares
Shares of GE common stock outstanding		10,151		10,151		10,523		10,523
Employee compensation-related shares (including
stock options) and warrants		72		-		45		-
Total average equivalent shares		10,223		10,151		10,568		10,523
Per-share amounts
Earnings from continuing operations	$	0.32	$	0.32	$	0.33	$	0.33
Earnings (loss) from discontinued operations		(0.01)		(0.01)		-		-
Net earnings		0.31		0.31		0.33		0.33

• Included an insignificant amount of dividend equivalents in each of the periods presented.

(b)       Included the dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock for the three months ended September 30, 2013.

	Nine months ended September 30,
	2013				2012
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	10,150	$	10,150	$	10,325	$	10,325
Earnings (loss) from discontinued operations
for per-share calculation(a)		(312)		(312)		(707)		(707)
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	9,838	$	9,838	$	9,617	$	9,617
Average equivalent shares
Shares of GE common stock outstanding		10,262		10,262		10,552		10,552
Employee compensation-related shares (including
stock options) and warrants		65		-		38		-
Total average equivalent shares		10,328		10,262		10,590		10,552
Per-share amounts
Earnings from continuing operations	$	0.98	$	0.99	$	0.98	$	0.98
Earnings (loss) from discontinued operations		(0.03)		(0.03)		(0.07)		(0.07)
Net earnings		0.95		0.96		0.91		0.91

(a)Included an insignificant amount of dividend equivalents in each of the periods presented.

(b)Included the dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock for the nine months ended September 30, 2013.

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Summary of Significant Accounting Policies (Policy)

9 Months Ended

Sep. 30, 2013

Accounting Policies [Abstract]

Basis of Presentation and Summary of Significant Accounting Policies

1. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying condensed, consolidated financial statements represent the consolidation of General Electric Company (the Company) and all companies that we directly or indirectly control, either through majority ownership or otherwise. See Note 1 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (2012 consolidated financial statements), which discusses our consolidation and financial statement presentation. As used in this report on Form 10-Q (Report), “GE” represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), whose continuing operations are presented on a one-line basis; GECC consists of General Electric Capital Corporation and all of its affiliates; and “Consolidated” represents the adding together of GE and GECC with the effects of transactions between the two eliminated. Unless otherwise indicated, we refer to the caption revenues and other income simply as “revenues” throughout Item 1 of this Form 10-Q.

We have reclassified certain prior-period amounts to conform to the current-period presentation. Unless otherwise indicated, information in these notes to the condensed, consolidated financial statements relates to continuing operations.

Accounting Changes Policy

Accounting Changes

On January 1, 2012, we adopted Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2011-05, an amendment to Accounting Standards Codification (ASC) 220, Comprehensive Income. ASU 2011-05 introduced a new statement, the Consolidated Statement of Comprehensive Income. The amendments affect only the display of those components of equity categorized as other comprehensive income and do not change existing recognition and measurement requirements that determine net earnings.

On January 1, 2012, we adopted FASB ASU 2011-04, an amendment to ASC 820, Fair Value Measurements. ASU 2011-04 clarifies or changes the application of existing fair value measurements, including: that the highest and best use valuation premise in a fair value measurement is relevant only when measuring the fair value of nonfinancial assets; that a reporting entity should measure the fair value of its own equity instrument from the perspective of a market participant that holds that instrument as an asset; to permit an entity to measure the fair value of certain financial instruments on a net basis rather than based on its gross exposure when the reporting entity manages its financial instruments on the basis of such net exposure; that in the absence of a Level 1 input, a reporting entity should apply premiums and discounts when market participants would do so when pricing the asset or liability consistent with the unit of account; and that premiums and discounts related to size as a characteristic of the reporting entity's holding are not permitted in a fair value measurement. Adopting these amendments had no effect on the financial statements. For a description of how we estimate fair value and our process for reviewing fair value measurements classified as Level 3 in the fair value hierarchy, see Note 1 in our 2012 consolidated financial statements.

See Note 1 in our 2012 consolidated financial statements for a summary of our significant accounting policies.

Interim Period Presentation Policy

Interim Period Presentation

The condensed, consolidated financial statements and notes thereto are unaudited. These statements include all adjustments (consisting of normal recurring accruals) that we considered necessary to present a fair statement of our results of operations, financial position and cash flows. The results reported in these condensed, consolidated financial statements should not be regarded as necessarily indicative of results that may be expected for the entire year. It is suggested that these condensed, consolidated financial statements be read in conjunction with the financial statements and notes thereto included in our 2012 consolidated financial statements. We label our quarterly information using a calendar convention, that is, first quarter is labeled as ending on March 31, second quarter as ending on June 30, and third quarter as ending on September 30. It is our longstanding practice to establish interim quarterly closing dates using a fiscal calendar, which requires our businesses to close their books on either a Saturday or Sunday, depending on the business. The effects of this practice are modest and only exist within a reporting year. The fiscal closing calendar for 2013 is available on our website, www.ge.com/secreports.

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Inventories (Tables)

9 Months Ended

Sep. 30, 2013

Inventory, Net [Abstract]

Inventories

	At
	September 30,		December 31,
(In millions)	2013		2012
Raw materials and work in process	$	10,642	$	9,295
Finished goods		6,974		6,099
Unbilled shipments		678		378
		18,294		15,772
Less revaluation to LIFO		(351)		(398)
Total	$	17,943	$	15,374

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Shareowners' Equity (Parenthetical) (Details) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Noncontrolling Interest [Line Items]
Preferred Stock, Shares Issued					40,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01		$ 0.01		$ 0.01
Proceeds From Issuance Of Preferred Stock	$ 990		$ 990	$ 3,960	$ 3,960
Initial Fixed Interest Rate Of Preferred Stock	5.25%		5.25%
Percentage Points Over Three Month LIBOR	2.967%		2.967%
Dividend Amount Paid By Finance Subsidiary To Parent	500	471
Special Dividend Paid By Finance Subsidiary To Parent	1,500	1,975
First Preferred Shares Issuance [Member]
Noncontrolling Interest [Line Items]
Preferred Stock, Shares Issued					22,500
Initial Fixed Interest Rate Of Preferred Stock					7.125%
Percentage Points Over Three Month LIBOR					5.296%
Second Preferred Shares Issuance [Member]
Noncontrolling Interest [Line Items]
Preferred Stock, Shares Issued	10,000		10,000		17,500
Initial Fixed Interest Rate Of Preferred Stock					6.25%
Percentage Points Over Three Month LIBOR					4.704%
Subsidiaries GECC [Member]
Noncontrolling Interest [Line Items]
Proceeds From Issuance Of Preferred Stock			$ 990	$ 3,960

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Postretirement Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Effect on operations of the pension plans

	Principal Pension Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	362	$	356	$	1,145	$	1,044
Prior service cost amortization		62		70		185		210
Expected return on plan assets		(875)		(939)		(2,625)		(2,830)
Interest cost on benefit obligation		615		619		1,845		1,858
Net actuarial loss amortization		916		855		2,748		2,565
Pension plans cost	$	1,080	$	961	$	3,298	$	2,847

	Other Pension Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	130	$	98	$	330	$	292
Prior service cost amortization		2		1		6		3
Expected return on plan assets		(170)		(155)		(496)		(467)
Interest cost on benefit obligation		135		128		392		385
Net actuarial loss amortization		85		69		256		209
Pension plans cost	$	182	$	141	$	488	$	422

Effect on operations of principal retiree health and life insurance plans

	Principal Retiree Health
	and Life Insurance Plans
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Service cost for benefits earned	$	43	$	58	$	168	$	168
Prior service cost amortization		98		126		294		418
Expected return on plan assets		(15)		(19)		(45)		(56)
Interest cost on benefit obligation		101		123		309		381
Net actuarial loss (gain) amortization		(16)		8		(28)		8
Net curtailment / other gain		-		(39)		-		(39)
Retiree benefit plans cost	$	211	$	257	$	698	$	880

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Shareowners' Equity (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended			9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012	Sep. 30, 2013		Sep. 30, 2012
Changes To Noncontrolling Interest
Beginning balance	$ 6,302		$ 3,780	$ 5,444	[1]	$ 1,696
Net earnings	(10)		17	140		88
GECC issuance of preferred stock	0		1,733	990		3,960
GECC preferred stock dividend	0		0	(135)		0
Dividends	(9)		(21)	(72)		(35)
Dispositions	(15)		0	(119)		0
AOCI and other	85		(45)	105		(245)
Ending balance	$ 6,353	[1]	$ 5,464	$ 6,353	[1]	$ 5,464

[1] (d) Included accumulated other comprehensive income (loss) attributable to noncontrolling interests of $(176) million and $(155) million at September 30, 2013 and December 31, 2012, respectively.

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Investment Securities (Contractual maturities) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013
Amortized Cost [Member]
Investment [Line Items]
Within one year	$ 2,784
After one year through five years	3,502
After five years through ten years	5,032
After ten years	18,056
Estimated Fair Value [Member]
Investment [Line Items]
Within one year	2,800
After one year through five years	3,720
After five years through ten years	5,264
After ten years	$ 20,061

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (WMC) (Details) (USD $) In Millions, unless otherwise specified	1 Months Ended	3 Months Ended		9 Months Ended
	Nov. 01, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Roll Forward Of Reserve And Pending Claims [Abstract]
Revenues from discontinued operations		$ 79	$ (17)	$ 109	$ (160)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		(82)	41	(313)	(709)
WMC Discontinued Operations [Member]
Financial Information For Discontinued Operations [Line Items]
Adjustment For Pending Claims For Unmet Representations And Warranties				167
Roll Forward Of Reserve And Pending Claims [Abstract]
Reserve, beginning of period	800	787		633
Provision		18		172
Claim resolutions		(5)		(5)
Reserve, end of period		800		800
Pending claims, beginning of period	6,311	6,335		5,357	705
New claims		0		978
Claim resolutions		(24)		(24)
Pending claims, end of period		6,311		6,311
Percentage Increase To Estimates Of Future Loan Repurchase Requests		50.00%		50.00%
Percentage Increase To Estimated Loss On Loans Tendered		100.00%		100.00%
Increase To Reserve For Claims For Unmet Representations And Warranties For Adverse Effect In Assumptions		525		525
Number Of Lawsuits Involving Repurchase Claims On Loans				16
Number Of Securitizations Related To Lawsuits Involving repurchase Claims On Loans In Which Adverse Parties Are Securitization Trustees				15
Number Of Lawsuits Involving Repurchase Claims On Loans Based On Breach Of Contract Claims On Mortgage Loans				12
Number Of Lawsuits Involving Repurchase Claims On Loans Initiated By Divested Business				three
Number Of Litigation Claims That Are Samplings Based Claims				two
Sampling Based Litigation Claims Amount Of Mortgages		900		900
Number Of Litigation Claims Based On Alleged Failure To Provide Notice On Defective Loans Breach Of Corporate Representation And Warranty On Non Specific Claims for Recessionary Damages				ten
Liabilities Related To Remaining Litigation Claims		5,700		5,700
Statute Of Limitation Claims	600			1,000
Statute Of Limitation Litigation Claims				700
Revenues from discontinued operations		(13)	(117)	(167)	(475)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent		$ (11)	$ (78)	$ (116)	$ (314)

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Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2013

Variable Interest Entities [Abstract]

Schedule of VIE

			Consolidated Securitization Entities
			Credit						Trade
(In millions)	Trinity(a)		cards		(b)	Equipment		(b)	receivables		Other		Total
September 30, 2013
Assets(c)
Financing
receivables, net	$	-	$	23,895		$	12,934		$	2,299	$	2,023	$	41,151
Investment securities		3,095		-			-			-		1,053		4,148
Other assets		120		22			615			-		2,524		3,281
Total	$	3,215	$	23,917		$	13,549		$	2,299	$	5,600	$	48,580
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	654	$	654
Non-recourse
borrowings		-		15,396			11,068			1,902		50		28,416
Other liabilities		1,531		227			300			21		1,343		3,422
Total	$	1,531	$	15,623		$	11,368		$	1,923	$	2,047	$	32,492
December 31, 2012
Assets(c)
Financing
receivables, net	$	-	$	24,169		$	12,456		$	2,339	$	1,952	$	40,916
Investment securities		3,435		-			-			-		1,051		4,486
Other assets		217		29			360			-		2,428		3,034
Total	$	3,652	$	24,198		$	12,816		$	2,339	$	5,431	$	48,436
Liabilities(c)
Borrowings	$	-	$	-		$	-		$	-	$	711	$	711
Non-recourse
borrowings		-		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 $2,015 million and $2,441 million at September 30, 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 receivablessold 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 September 30, 2013 and December 31, 2012, the amounts of commingled cash owed to the CSEs were $6,351 million and $6,225 million, respectively, and the amounts owed to us by CSEs were $6,261 millionand$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)	September 30, 2013			December 31, 2012
Other assets and investment
securities	$	8,340		$	10,027
Financing receivables – net		2,736			2,654
Total investments		11,076			12,681
Contractual obligations to fund
investments or guarantees		2,742			2,608
Revolving lines of credit		26			41
Total	$	13,844		$	15,330

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Condensed Consolidated Statement of Comprehensive Income (Unaudited) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Statement of Comprehensive Income [Abstract]
Net earnings	$ 3,181	$ 3,508	$ 9,991	$ 9,718
Less net earnings (loss) attributable to noncontrolling interests	(10)	17	140	88
Net earnings (loss) attributable to the Company	3,191	3,491	9,851	9,630
Other comprehensive income
Investment securities	170	122	(362)	620
Currency translation adjustments	(383)	1,296	(469)	306
Cash flow hedges	58	65	351	210
Benefit plans	765	924	2,826	2,520
Other comprehensive income	610	2,407	2,346	3,656
Less: Other comprehensive income (loss) attributable to noncontrolling interests	10	5	(21)	3
Other comprehensive income attributable to Company	600	2,402	2,367	3,653
Comprehensive income	3,791	5,915	12,337	13,374
Less: Comprehensive income (loss) attributable to noncontrolling interests	0	22	119	91
Comprehensive income attributable to Company	$ 3,791	$ 5,893	$ 12,218	$ 13,283

XML

Property, Plant and Equipment

9 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

6. PROPERTY, PLANT AND EQUIPMENT

	At
	September 30,		December 31,
(In millions)	2013		2012
Original cost	$	115,873	$	115,006
Less accumulated depreciation and amortization		(47,132)		(45,962)
Property, plant and equipment – net	$	68,741	$	69,044

Consolidated depreciation and amortization related to property, plant and equipment was$2,578 million and $2,193 million in the three months ended September 30, 2013 and 2012, respectively, and$7,155 million and $6,699 million in the nine months ended September 30, 2013 and 2012, respectively.

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Condensed Statement of Financial Position (Unaudited) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013		Dec. 31, 2012
Assets
Cash and equivalents	$ 86,500		$ 77,357
Investment securities	43,897		48,510
Current receivables	20,582		19,902
Inventories	17,943		15,374
Financing receivables - net	243,835		258,028
Other GECC receivables	9,030		7,890
Property, plant and equipment - net	68,741		69,044
Investment in GECC	0		0
Goodwill	78,024		73,175
Other intangible assets - net	14,226		11,987
All other assets	72,881		101,659
Deferred income taxes	3,937		(42)
Assets of businesses held for sale	169		211
Assets of discontinued operations	1,673		2,308
Total assets(b)	661,438	[1]	685,403	[1]
Liabilities and equity
Short-term borrowings	80,496		101,392
Accounts payable, principally trade accounts	16,449		15,657
Progress collections and price adjustments accrued	12,122		10,877
Dividends payable	1,922		1,980
Other GE current liabilities	14,669		14,895
Non-recourse borrowings of consolidated securitization entities	29,966		30,123
Bank deposits	50,761		46,461
Long-term borrowings	226,872		236,084
Investment contracts, insurance liabilities and insurance annuity benefits	26,661		28,268
All other liabilities	70,033		68,588
Liabilities of businesses held for sale	42		157
Liabilities of discontinued operations	2,400		2,451
Total liabilities(b)	532,393	[1]	556,933	[1]
GECC preferred stock (50,000 and 40,000 shares outstanding at September 30, 2013 and December 31, 2012, respectively)	0		0
Common stock (10,117,369,000 and 10,405,625,000 shares outstanding at September 30, 2013 and December 31, 2012, respectively)	702		702
Accumulated other comprehensive income (loss) - net(c)
Investment securities	315	[2]	677	[2]
Currency translation adjustments	(36)	[2]	412	[2]
Cash flow hedges	(370)	[2]	(722)	[2]
Benefit plans	(17,772)	[2]	(20,597)	[2]
Other capital	32,811		33,070
Retained earnings	148,067		144,055
Less common stock held in treasury	(41,025)		(34,571)
Total GE shareowners' equity	122,692		123,026
Noncontrolling interests(d)	6,353	[3]	5,444	[3]
Total equity	129,045		128,470
Total liabilities and equity	661,438		685,403
Subsidiaries [Member]
Assets
Cash and equivalents	10,202	[4]	15,509	[4]
Investment securities	96	[4]	74	[4]
Current receivables	10,741	[4]	9,274	[4]
Inventories	17,865	[4]	15,295	[4]
Financing receivables - net	0	[4]	0	[4]
Other GECC receivables	0	[4]	0	[4]
Property, plant and equipment - net	17,016	[4]	16,033	[4]
Investment in GECC	79,164	[4]	77,930	[4]
Goodwill	51,328	[4]	46,143	[4]
Other intangible assets - net	13,056	[4]	10,700	[4]
All other assets	23,143	[4]	39,534	[4]
Deferred income taxes	9,597	[4]	5,946	[4]
Assets of businesses held for sale	118	[4]	0	[4]
Assets of discontinued operations	9	[4]	9	[4]
Total assets(b)	232,335	[1],[4]	236,447	[1],[4]
Liabilities and equity
Short-term borrowings	1,102	[4]	6,041	[4]
Accounts payable, principally trade accounts	14,906	[4]	14,259	[4]
Progress collections and price adjustments accrued	12,149	[4]	10,877	[4]
Dividends payable	1,922	[4]	1,980	[4]
Other GE current liabilities	14,669	[4]	14,896	[4]
Non-recourse borrowings of consolidated securitization entities	0	[4]	0	[4]
Bank deposits	0	[4]	0	[4]
Long-term borrowings	11,493	[4]	11,428	[4]
Investment contracts, insurance liabilities and insurance annuity benefits	0	[4]	0	[4]
All other liabilities	52,432	[4]	53,093	[4]
Liabilities of businesses held for sale	38	[4]	0	[4]
Liabilities of discontinued operations	68	[4]	70	[4]
Total liabilities(b)	108,779	[1],[4]	112,644	[1],[4]
GECC preferred stock (50,000 and 40,000 shares outstanding at September 30, 2013 and December 31, 2012, respectively)	0	[4]	0	[4]
Common stock (10,117,369,000 and 10,405,625,000 shares outstanding at September 30, 2013 and December 31, 2012, respectively)	702	[4]	702	[4]
Accumulated other comprehensive income (loss) - net(c)
Investment securities	315	[2],[4]	677	[2],[4]
Currency translation adjustments	(36)	[2],[4]	412	[2],[4]
Cash flow hedges	(370)	[2],[4]	(722)	[2],[4]
Benefit plans	(17,772)	[2],[4]	(20,597)	[2],[4]
Other capital	32,811	[4]	33,070	[4]
Retained earnings	148,067	[4]	144,055	[4]
Less common stock held in treasury	(41,025)	[4]	(34,571)	[4]
Total GE shareowners' equity	122,692	[4]	123,026	[4]
Noncontrolling interests(d)	864	[3],[4]	777	[3],[4]
Total equity	123,556	[4]	123,803	[4]
Total liabilities and equity	232,335	[4]	236,447	[4]
Subsidiaries GECC [Member]
Assets
Cash and equivalents	76,298		61,942
Investment securities	43,805		48,439
Current receivables	0		0
Inventories	78		79
Financing receivables - net	254,223		268,951
Other GECC receivables	14,899		13,917
Property, plant and equipment - net	51,680		52,974
Investment in GECC	0		0
Goodwill	26,696		27,032
Other intangible assets - net	1,176		1,294
All other assets	50,139		62,201
Deferred income taxes	(5,660)		(5,988)
Assets of businesses held for sale	51		211
Assets of discontinued operations	1,664		2,299
Total assets(b)	515,049	[1]	533,351	[1]
Liabilities and equity
Short-term borrowings	79,830		95,940
Accounts payable, principally trade accounts	7,189		6,259
Progress collections and price adjustments accrued	0		0
Dividends payable	0		0
Other GE current liabilities	0		0
Non-recourse borrowings of consolidated securitization entities	29,966		30,123
Bank deposits	50,761		46,461
Long-term borrowings	215,503		224,776
Investment contracts, insurance liabilities and insurance annuity benefits	27,155		28,696
All other liabilities	17,656		15,961
Liabilities of businesses held for sale	4		157
Liabilities of discontinued operations	2,332		2,381
Total liabilities(b)	430,396	[1]	450,754	[1]
GECC preferred stock (50,000 and 40,000 shares outstanding at September 30, 2013 and December 31, 2012, respectively)	0		0
Common stock (10,117,369,000 and 10,405,625,000 shares outstanding at September 30, 2013 and December 31, 2012, respectively)	0		0
Accumulated other comprehensive income (loss) - net(c)
Investment securities	297	[2]	673	[2]
Currency translation adjustments	(238)	[2]	(131)	[2]
Cash flow hedges	(396)	[2]	(746)	[2]
Benefit plans	(706)	[2]	(736)	[2]
Other capital	32,564		31,586
Retained earnings	52,593		51,244
Less common stock held in treasury	0		0
Total GE shareowners' equity	84,114		81,890
Noncontrolling interests(d)	539	[3]	707	[3]
Total equity	84,653		82,597
Total liabilities and equity	$ 515,049		$ 533,351

[1] (b) Our consolidated assets at September 30, 2013 include total assets of $46,748 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $40,398 million and investment securities of $4,148 million. Our consolidated liabilities at September 30, 2013 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $28,416 million. See Note 18.

[2] (c) The sum of accumulated other comprehensive income (loss) attributable to GE was $(17,863) million and $(20,230) million at September 30, 2013 and December 31, 2012, respectively.

[3] (d) Included accumulated other comprehensive income (loss) attributable to noncontrolling interests of $(176) million and $(155) million at September 30, 2013 and December 31, 2012, respectively.

[4] (a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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GECC Financing Receivables and Allowance for Losses on Financing Receivables (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net	$ 243,835	$ 258,028
Subsidiaries GECC [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans net of deferred income	229,639	241,465
Investment In Financing Leases, Net Of Deferred Income	29,736	32,471
Loans and leases receivable, Gross	259,375	273,936
Less allowance for losses	(5,152)	(4,985)	(5,380)	(6,190)
Financing receivables, net	254,223	268,951
Deferred income	1,963	2,182
Loans that have been acquired in a transfer but have been subject to credit deterioration since origination per ASC 310, Receivables	$ 582	$ 750

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Condensed Statement of Earnings (Unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Revenues and other income
Sales of goods	$ 17,966		$ 17,734		$ 50,902		$ 53,234
Sales of services	7,186		6,805		20,939		19,835
Other income	363		787		2,082		1,737
GECC earnings from continuing operations	0		0		0		0
GECC revenues from services	10,210		10,928		31,935		32,925
Total revenues and other income	35,725		36,254		105,858		107,731
Costs and expenses
Cost of goods sold	14,658		14,419		41,390		42,681
Cost of services sold	4,799		4,090		13,871		12,896
Interest and other financial charges	2,462		2,972		7,700		9,521
Investment contracts, insurance losses and insurance annuity benefits	672		756		2,022		2,155
Provision for losses on financing receivables	821		1,122		3,338		2,728
Other costs and expenses	8,705		8,871		26,074		25,605
Total costs and expenses	32,117		32,230		94,395		95,586
Earnings (loss) from continuing operations before income taxes	3,608		4,024		11,463		12,145
Benefit (provision) for income taxes	(345)		(557)		(1,159)		(1,718)
Earnings from continuing operations	3,263		3,467		10,304		10,427
Earnings (loss) from discontinued operations, net of taxes	(82)		41		(313)		(709)
Net earnings (loss)	3,181		3,508		9,991		9,718
Less net earnings (loss) attributable to noncontrolling interests	(10)		17		140		88
Net earnings (loss) attributable to the Company	3,191		3,491		9,851		9,630
Preferred stock dividends declared	0		0		0		0
Net earnings (loss) attributable to GE common shareowners	3,191		3,491		9,851		9,630
Amounts attributable to the Company
Earnings (loss) from continuing operations	3,273		3,450		10,164		10,339
Earnings (loss) from discontinued operations, net of taxes	(82)		41		(313)		(709)
Net earnings (loss) attributable to the Company	3,191		3,491		9,851		9,630
Earnings from continuing operations
Diluted earnings per share	$ 0.32		$ 0.33		$ 0.98		$ 0.98
Basic earnings per share	$ 0.32		$ 0.33		$ 0.99		$ 0.98
Net earnings (loss)
Diluted earnings per share	$ 0.31		$ 0.33		$ 0.95		$ 0.91
Basic earnings per share	$ 0.31		$ 0.33		$ 0.96		$ 0.91
Dividends declared per common share	$ 0.19		$ 0.17		$ 0.57		$ 0.51
Subsidiaries [Member]
Revenues and other income
Sales of goods	17,994	[1]	17,860	[1]	50,970	[1]	53,432	[1]
Sales of services	7,268	[1]	6,889	[1]	21,218	[1]	20,142	[1]
Other income	271	[1]	818	[1]	1,893	[1]	1,827	[1]
GECC earnings from continuing operations	1,895	[1]	1,675	[1]	5,744	[1]	5,569	[1]
GECC revenues from services	0	[1]	0	[1]	0	[1]	0	[1]
Total revenues and other income	27,428	[1]	27,242	[1]	79,825	[1]	80,970	[1]
Costs and expenses
Cost of goods sold	14,690	[1]	14,550	[1]	41,473	[1]	42,893	[1]
Cost of services sold	4,881	[1]	4,174	[1]	14,150	[1]	13,203	[1]
Interest and other financial charges	338	[1]	294	[1]	988	[1]	960	[1]
Investment contracts, insurance losses and insurance annuity benefits	0	[1]	0	[1]	0	[1]	0	[1]
Provision for losses on financing receivables	0	[1]	0	[1]	0	[1]	0	[1]
Other costs and expenses	3,922	[1]	4,300	[1]	11,883	[1]	12,214	[1]
Total costs and expenses	23,831	[1]	23,318	[1]	68,494	[1]	69,270	[1]
Earnings (loss) from continuing operations before income taxes	3,597	[1]	3,924	[1]	11,331	[1]	11,700	[1]
Benefit (provision) for income taxes	(344)	[1]	(477)	[1]	(1,065)	[1]	(1,319)	[1]
Earnings from continuing operations	3,253	[1]	3,447	[1]	10,266	[1]	10,381	[1]
Earnings (loss) from discontinued operations, net of taxes	(82)	[1]	41	[1]	(313)	[1]	(709)	[1]
Net earnings (loss)	3,171	[1]	3,488	[1]	9,953	[1]	9,672	[1]
Less net earnings (loss) attributable to noncontrolling interests	(20)	[1]	(3)	[1]	102	[1]	42	[1]
Net earnings (loss) attributable to the Company	3,191	[1]	3,491	[1]	9,851	[1]	9,630	[1]
Preferred stock dividends declared	0	[1]	0	[1]	0	[1]	0	[1]
Net earnings (loss) attributable to GE common shareowners	3,191	[1]	3,491	[1]	9,851	[1]	9,630	[1]
Amounts attributable to the Company
Earnings (loss) from continuing operations	3,273	[1]	3,450	[1]	10,164	[1]	10,339	[1]
Earnings (loss) from discontinued operations, net of taxes	(82)	[1]	41	[1]	(313)	[1]	(709)	[1]
Net earnings (loss) attributable to the Company	3,191	[1]	3,491	[1]	9,851	[1]	9,630	[1]
Subsidiaries GECC [Member]
Revenues and other income
Sales of goods	33		34		90		90
Sales of services	0		0		0		0
Other income	0		0		0		0
GECC earnings from continuing operations	0		0		0		0
GECC revenues from services	10,637		11,240		33,095		33,878
Total revenues and other income	10,670		11,274		33,185		33,968
Costs and expenses
Cost of goods sold	29		27		75		75
Cost of services sold	0		0		0		0
Interest and other financial charges	2,241		2,798		7,046		8,962
Investment contracts, insurance losses and insurance annuity benefits	714		798		2,131		2,271
Provision for losses on financing receivables	821		1,122		3,338		2,728
Other costs and expenses	4,959		4,754		14,719		13,918
Total costs and expenses	8,764		9,499		27,309		27,954
Earnings (loss) from continuing operations before income taxes	1,906		1,775		5,876		6,014
Benefit (provision) for income taxes	(1)		(80)		(94)		(399)
Earnings from continuing operations	1,905		1,695		5,782		5,615
Earnings (loss) from discontinued operations, net of taxes	(83)		(107)		(313)		(857)
Net earnings (loss)	1,822		1,588		5,469		4,758
Less net earnings (loss) attributable to noncontrolling interests	10		20		38		46
Net earnings (loss) attributable to the Company	1,812		1,568		5,431		4,712
Preferred stock dividends declared	0		0		(135)		0
Net earnings (loss) attributable to GE common shareowners	1,812		1,568		5,296		4,712
Amounts attributable to the Company
Earnings (loss) from continuing operations	1,895		1,675		5,744		5,569
Earnings (loss) from discontinued operations, net of taxes	(83)		(107)		(313)		(857)
Net earnings (loss) attributable to the Company	$ 1,812		$ 1,568		$ 5,431		$ 4,712

[1] (a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Other Financial Services and Indutrial) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Financial Information For Discontinued Operations [Line Items]
Revenues from discontinued operations	$ 79	$ (17)	$ 109	$ (160)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	(82)	41	(313)	(709)
Gain (loss) on disposal of discontinued operations	93	(150)	307	309
Proceeds from Divestiture of Businesses, Net of Cash Divested			0	227
Benefit (provision) for income taxes	(345)	(557)	(1,159)	(1,718)
Trailer Services [Member]
Financial Information For Discontinued Operations [Line Items]
Revenues from discontinued operations	91	95	274	301
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	(9)	5	(19)	24
Gain (loss) on disposal of discontinued operations			118
Consumer Ireland [Member]
Financial Information For Discontinued Operations [Line Items]
Revenues from discontinued operations		1		7
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	6	(8)	7	(194)
Gain (loss) on disposal of discontinued operations				121
Proceeds from Divestiture of Businesses, Net of Cash Divested		227
Discontinued Operation Revenue Insignificant Amount	an insignificant amount		insignificant amount
GE Industrial Discontinued Operations [Member]
Financial Information For Discontinued Operations [Line Items]
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	1	148		148
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity Insignificant Amount			an insignificant amount
Plastics Business [Member]
Financial Information For Discontinued Operations [Line Items]
Benefit (provision) for income taxes		$ (148)

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Financial Instruments (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Financial Instruments [Line Items]
Effect of including interest rate and currency derivatives on borrowings and bank deposits	$ 2,851	$ 7,937
Reinsurance Recoverables	1,250	2,000
Loan Commitments By Notional Amount [Line Items]
Ordinary course of business lending commitments	4,781	3,708
Excluded investment commitments	1,615	1,276
Inventory financing arrangements excluded	14,233	12,813
Commercial [Member]
Loan Commitments By Notional Amount [Line Items]
Unused revolving credit lines	15,095	17,929
Commitments Associated with Secured Financing Arrangements	10,776	12,923
Maximum Commitments Associated with Secured Financing Arrangements	13,461	15,731
Consumer Principally Credit Cards [Member]
Loan Commitments By Notional Amount [Line Items]
Unused revolving credit lines	284,855	271,387
Loan Commitments By Notional Amount [Member] | Subsidiaries GECC [Member]
Financial Instruments [Line Items]
Insurance - credit life	2,155	2,277
Carrying amount (net) [Member] | Subsidiaries [Member]
Financial Instruments [Line Items]
Investments and notes receivable	440	222
Borrowings	(12,595)	(17,469)
Carrying amount (net) [Member] | Subsidiaries GECC [Member]
Financial Instruments [Line Items]
Loans	224,691	236,678
Other commercial mortgages	2,012	2,222
Loans held for sale	357	1,180
Other financial instruments	1,720	1,858
Borrowings and bank deposits	(376,060)	(397,300)
Investment contract benefits	(3,186)	(3,321)
Guaranteed investment contracts	(1,521)	(1,644)
Insurance - credit life	(112)	(120)
Estimate of Fair Value Measurement [Member] | Subsidiaries [Member]
Financial Instruments [Line Items]
Investments and notes receivable	448	222
Borrowings	(13,123)	(18,619)
Estimate of Fair Value Measurement [Member] | Subsidiaries GECC [Member]
Financial Instruments [Line Items]
Loans	228,490	239,084
Other commercial mortgages	1,956	2,249
Loans held for sale	357	1,181
Other financial instruments	2,247	2,276
Borrowings and bank deposits	(388,415)	(414,533)
Investment contract benefits	(3,745)	(4,150)
Guaranteed investment contracts	(1,531)	(1,674)
Insurance - credit life	$ (95)	$ (104)

XML

Fair Value Measurements (Changes in Level 3 Instruments) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2012	Dec. 31, 2011
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	$ 2,894		$ 2,894			$ 3,146
Domestic Corporate Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	3,298	3,579	3,298	3,579	3,229	3,591	3,372	3,235
Net realized/unrealized gains (losses) included in earnings	24	10	(247)	69
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(32)	32	184	(2)
Purchases	160	71	257	203
Sales	(34)	(34)	(383)	(105)
Settlements	(49)	(16)	(139)	(63)
Transfers into Level 3	0	144	108	260
Transfers out of Level 3	0	0	(73)	(18)
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	94	153	94	153	98	77	81	77
Net realized/unrealized gains (losses) included in earnings	0	0	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(4)	8	(8)	11
Purchases	4	12	20	13
Sales	0	0	0	0
Settlements	(4)	(1)	(5)	(1)
Transfers into Level 3	0	78	10	78
Transfers out of Level 3	0	(25)	0	(25)
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
Residential Mortgage Backed Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	88	34	88	34	91	100	97	41
Net realized/unrealized gains (losses) included in earnings	0	0	0	(3)
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(2)	(2)	(4)	1
Purchases	0	1	0	1
Sales	0	0	(2)	0
Settlements	(1)	0	(6)	(3)
Transfers into Level 3	0	5	0	74
Transfers out of Level 3	0	(67)	0	(77)
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
Commercial Mortgage Backed Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	14	6	14	6	5	6	0	4
Net realized/unrealized gains (losses) included in earnings	0	0	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	0	0	0	0
Purchases	0	0	0	0
Sales	0	0	0	(1)
Settlements	(1)	0	(2)	0
Transfers into Level 3	10	6	10	6
Transfers out of Level 3	0	0	0	(3)
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
Asset-backed Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	5,938	4,819	5,938	4,819	5,346	5,023	4,304	4,040
Net realized/unrealized gains (losses) included in earnings	1	(3)	3	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	36	90	(32)	43
Purchases	569	483	1,479	881
Sales	0	(58)	(1)	(164)
Settlements	(14)	5	(539)	5
Transfers into Level 3	0	4	12	20
Transfers out of Level 3	0	(6)	(7)	(6)
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
Foreign Corporate Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	1,053	1,295	1,053	1,295	1,197	1,218	1,363	1,204
Net realized/unrealized gains (losses) included in earnings	(29)	(7)	(112)	(19)
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(2)	20	18	17
Purchases	1,827	18	4,637	334
Sales	0	(30)	(3)	(30)
Settlements	(1,930)	(59)	(4,672)	(137)
Transfers into Level 3	0	0	21	23
Transfers out of Level 3	(10)	(10)	(54)	(97)
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
Foreign Government Debt Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	33	41	33	41	38	42	51	84
Net realized/unrealized gains (losses) included in earnings	1	0	1	(34)
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(6)	2	(10)	37
Purchases	0	0	0	65
Sales	0	0	0	(72)
Settlements	0	(12)	0	(39)
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
US Treasury and Government [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	212	267	212	267	264	277	261	253
Net realized/unrealized gains (losses) included in earnings	0	0	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(52)	6	(65)	14
Purchases	0	0	0	0
Sales	0	0	0	0
Settlements	0	0	0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
Retained Interest [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	78	29	78	29	93	83	31	35
Net realized/unrealized gains (losses) included in earnings	0	1	5	1
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(11)	0	5	(8)
Purchases	0	3	2	12
Sales	0	(3)	0	(6)
Settlements	(4)	(3)	(17)	(5)
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
Available-for-sale Securities [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	11	11	11	11	10	13	14	17
Net realized/unrealized gains (losses) included in earnings	0	0	0	0
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	0	0	0	(2)
Purchases	0	0	0	3
Sales	0	0	0	(4)
Settlements	0	(1)	0	(1)
Transfers into Level 3	1	1	0	1
Transfers out of Level 3	0	(3)	(2)	(3)
Net change in unrealized gains (losses) relating to instruments still held	0	0	0	0
Derivatives [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	171	358	171	358	167	416	348	369
Net realized/unrealized gains (losses) included in earnings	1	41	(52)	71
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	1	0	2	(1)
Purchases	(1)	(8)	(2)	13
Sales	0	3	0	0
Settlements	2	(25)	(221)	(43)
Transfers into Level 3	2	0	28	(1)
Transfers out of Level 3	(1)	(1)	0	(50)
Net change in unrealized gains (losses) relating to instruments still held	13	40	(30)	68
Other 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	718	781	718	781	854	799	785	817
Net realized/unrealized gains (losses) included in earnings	16	(7)	(81)	25
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(1)	9	3	(4)
Purchases	148	52	352	93
Sales	(295)	(58)	(351)	(100)
Settlements	0	0	0	0
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	(4)	0	(4)	(50)
Net change in unrealized gains (losses) relating to instruments still held	(34)	(10)	(121)	24
Total [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Changes in Level 3	11,708	11,373	11,708	11,373	11,392	11,645	10,707	10,176
Net realized/unrealized gains (losses) included in earnings	14	35	(483)	110
Net realized/unrealized gains (losses) included in accumulated other comprehensive income	(73)	165	93	106
Purchases	2,707	632	6,745	1,618
Sales	(329)	(180)	(740)	(482)
Settlements	(2,001)	(112)	(5,601)	(287)
Transfers into Level 3	13	238	189	461
Transfers out of Level 3	(15)	(112)	(140)	(329)
Net change in unrealized gains (losses) relating to instruments still held	$ (21)	$ 30	$ (151)	$ 92

XML

Summary of Operating Segments (Tables)

9 Months Ended

Sep. 30, 2013

Summary of Operating Segments [Abstract]

Summary of operating segments

	Three months ended September 30,				Nine months ended September 30,
	(Unaudited)				(Unaudited)
(In millions)	2013		2012		2013		2012
Revenues(a)
Power & Water	$	6,498	$	7,196	$	17,038	$	20,647
Oil & Gas		4,315		3,645		11,669		10,693
Energy Management		1,828		1,879		5,557		5,478
Aviation		5,364		4,781		15,741		14,527
Healthcare		4,304		4,307		13,083		13,107
Transportation		1,406		1,409		4,425		4,244
Home & Business Solutions		2,098		1,955		6,142		5,899
Total industrial segment revenues		25,813		25,172		73,655		74,595
GE Capital		10,670		11,274		33,185		33,968
Total segment revenues		36,483		36,446		106,840		108,563
Corporate items and eliminations(a)		(758)		(192)		(982)		(832)
Consolidated revenues and other income	$	35,725	$	36,254	$	105,858	$	107,731
Segment profit(a)
Power & Water	$	1,289	$	1,184	$	3,095	$	3,675
Oil & Gas		519		469		1,376		1,275
Energy Management		18		42		64		67
Aviation		1,091		924		3,094		2,708
Healthcare		665		620		1,986		1,899
Transportation		306		265		886		779
Home & Business Solutions		77		60		239		196
Total industrial segment profit		3,965		3,564		10,740		10,599
GE Capital		1,895		1,675		5,744		5,569
Total segment profit		5,860		5,239		16,484		16,168
Corporate items and eliminations(a)		(1,905)		(1,018)		(4,267)		(3,550)
GE interest and other financial charges		(338)		(294)		(988)		(960)
GE provision for income taxes		(344)		(477)		(1,065)		(1,319)
Earnings from continuing operations attributable
to the Company		3,273		3,450		10,164		10,339
Earnings (loss) from discontinued operations,
net of taxes, attributable to the Company		(82)		41		(313)		(709)
Consolidated net earnings attributable to
the Company	$	3,191	$	3,491	$	9,851	$	9,630

• Segment revenues includes both revenues and other income related to the segment. Segment profit excludes results reported as discontinued operations, earnings attributable to noncontrolling interests of consolidated subsidiaries, GECC preferred stock dividends declared and accounting changes. Segment profit excludes or includes interest and other financial charges andincome taxes according to how a particular segment's management is measured – excluded in determining segment profit, which we sometimes refer to as “operating profit,” for Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation and Home & Business Solutions; included in determining segment profit, which we sometimes refer to as “net earnings,” for GE Capital.

See accompanying notes.

XML

Fair Value Measurements

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurements

15. FAIR VALUE MEASUREMENTS

For a description of how we estimate fair value, see Note 1 in our 2012 consolidated financial statements.

The following tables present our assets and liabilities measured at fair value on a recurring basis. Included in the tables are investment securities primarily supporting obligations to annuitants and policyholders in our run-off insurance operations and supporting obligations to holders of GICs in Trinity (which ceased issuing new investment contracts beginning in the first quarter of 2010), investment securities held at our treasury operations and investments held in our CLL business collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries. Such securities are mainly investment grade.

									Netting
(In millions)	Level 1		(a)	Level 2		(a)	Level 3		adjustment		(b)	Net balance
September 30, 2013
Assets
Investment securities
Debt
U.S. corporate	$	-		$	19,091		$	3,298	$	-		$	22,389
State and municipal		-			4,150			94		-			4,244
Residential mortgage-backed		-			1,943			88		-			2,031
Commercial mortgage-backed		-			3,011			14		-			3,025
Asset-backed(c)		-			541			5,938		-			6,479
Corporate – non-U.S.		63			796			1,053		-			1,912
Government – non-U.S.		1,613			803			33		-			2,449
U.S. government and federal agency		-			639			212		-			851
Retained interests		-			-			78		-			78
Equity
Available-for-sale		245			31			11		-			287
Trading		150			2			-		-			152
Derivatives(d)		-			7,157			185		(5,875)			1,467
Other(e)		-			-			718		-			718
Total	$	2,071		$	38,164		$	11,722	$	(5,875)		$	46,082
Liabilities
Derivatives	$	-		$	5,198		$	22	$	(4,437)		$	783
Other(f)		-			1,036			-		-			1,036
Total	$	-		$	6,234		$	22	$	(4,437)		$	1,819
December 31, 2012
Assets
Investment securities
Debt
U.S. corporate	$	-		$	20,580		$	3,591	$	-		$	24,171
State and municipal		-			4,469			77		-			4,546
Residential mortgage-backed		-			2,162			100		-			2,262
Commercial mortgage-backed		-			3,088			6		-			3,094
Asset-backed(c)		-			715			5,023		-			5,738
Corporate – non-U.S.		71			1,132			1,218		-			2,421
Government – non-U.S.		702			1,019			42		-			1,763
U.S. government and federal agency		-			3,288			277		-			3,565
Retained interests		-			-			83		-			83
Equity
Available-for-sale		590			16			13		-			619
Trading		248			-			-		-			248
Derivatives(d)		-			11,432			434		(7,926)			3,940
Other(e)		35			-			799		-			834
Total	$	1,646		$	47,901		$	11,663	$	(7,926)		$	53,284
Liabilities
Derivatives	$	-		$	3,434		$	20	$	(3,177)		$	277
Other(f)		-			908			-		-			908
Total	$	-		$	4,342		$	20	$	(3,177)		$	1,185

(a)The fair value ofsecurities transferred between Level 1 and Level 2was $2 million in the nine months ended September 30, 2013.

(b)       The netting of derivative receivables and payables (including the effects of any collateral posted or received) is permitted when a legally enforceable master netting agreement exists.

(c)Includes investments in our CLL business in asset-backed securities collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

(d)The fair value of derivatives included an adjustment for non-performance risk. The cumulative adjustment was a gain (loss)of $(6) million and $(15) million at September 30, 2013 and December 31, 2012, respectively. See Note 16 for additional information on the composition of our derivative portfolio.

(e)       Included private equity investments and loans designated under the fair value option.

(f)       Primarily represented the liability associated with certain of our deferred incentive compensation plans.

The following tables present the changes in Level 3 instruments measured on a recurring basis for the three and nine months ended September 30, 2013 and 2012, respectively. The majority of our Level 3 balances consist of investment securities classified as available-for-sale with changes in fair value recorded in shareowners' equity.

Changes in Level 3 Instruments for the Three Months Ended September 30, 2013
																						Net
(In millions)																						change in
						Net realized/																unrealized
			Net			unrealized																gains
			realized/			gains (losses)																(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	July 1,		included			comprehensive								into			out of			September 30,		September 30,
	2013		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2013		2013		(c)
Investment securities
Debt
U.S. corporate	$	3,229	$	24		$	(32)	$	160	$	(34)	$	(49)	$	-		$	-		$	3,298	$	-
State and municipal		98		-			(4)		4		-		(4)		-			-			94		-
Residential
mortgage-backed		91		-			(2)		-		-		(1)		-			-			88		-
Commercial
mortgage-backed		5		-			-		-		-		(1)		10			-			14		-
Asset-backed		5,346		1			36		569		-		(14)		-			-			5,938		-
Corporate – non-U.S.		1,197		(29)			(2)		1,827		-		(1,930)		-			(10)			1,053		-
Government
– non-U.S.		38		1			(6)		-		-		-		-			-			33		-
U.S. government and
federal agency		264		-			(52)		-		-		-		-			-			212		-
Retained interests		93		-			(11)		-		-		(4)		-			-			78		-
Equity
Available-for-sale		10		-			-		-		-		-		1			-			11		-
Derivatives(d)(e)		167		1			1		(1)		-		2		2			(1)			171		13
Other		854		16			(1)		148		(295)		-		-			(4)			718		(34)
Total	$	11,392	$	14		$	(73)	$	2,707	$	(329)	$	(2,001)	$	13		$	(15)		$	11,708	$	(21)

(a)       Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.

(b)       Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.

(c)       Represented the amount of unrealized gains or losses for the period included in earnings.

(d)       Represented derivative assets net of derivative liabilities and included cash accruals of $8 million not reflected in the fair value hierarchy table.

(e)       Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

Changes in Level 3 Instruments for the Three Months Ended September 30, 2012
																						Net
(In millions)																						change in
						Net realized/																unrealized
			Net			unrealized																gains
			realized/			gains (losses)																(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	July 1,		included			comprehensive								into			out of			September 30,		September 30,
	2012		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2012		2012		(c)
Investment securities
Debt
U.S. corporate	$	3,372	$	10		$	32	$	71	$	(34)	$	(16)	$	144		$	-		$	3,579	$	-
State and municipal		81		-			8		12		-		(1)		78			(25)			153		-
Residential
mortgage-backed		97		-			(2)		1		-		-		5			(67)			34		-
Commercial
mortgage-backed		-		-			-		-		-		-		6			-			6		-
Asset-backed		4,304		(3)			90		483		(58)		5		4			(6)			4,819		-
Corporate – non-U.S.		1,363		(7)			20		18		(30)		(59)		-			(10)			1,295		-
Government
– non-U.S.		51		-			2		-		-		(12)		-			-			41		-
U.S. government and
federal agency		261		-			6		-		-		-		-			-			267		-
Retained interests		31		1			-		3		(3)		(3)		-			-			29		-
Equity
Available-for-sale		14		-			-		-		-		(1)		1			(3)			11		-
Derivatives(d)(e)		348		41			-		(8)		3		(25)		-			(1)			358		40
Other		785		(7)			9		52		(58)		-		-			-			781		(10)
Total	$	10,707	$	35		$	165	$	632	$	(180)	$	(112)	$	238		$	(112)		$	11,373	$	30

• Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.
• Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.
• Represented the amount of unrealized gains or losses for the period included in earnings.
• Represented derivative assets net of derivative liabilities and included cash accruals of $4 million not reflected in the fair value hierarchy table.
• Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

Changes in Level 3 Instruments for the Nine Months Ended September 30, 2013
						Net																Net
(In millions)						realized/																change in
						unrealized																unrealized
			Net			gains																gains
			realized/				(losses)															(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	January 1,		included			comprehensive								into			out of			September 30,		September 30,
	2013		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2013		2013		(c)
Investment securities
Debt
U.S. corporate	$	3,591	$	(247)		$	184	$	257	$	(383)	$	(139)	$	108		$	(73)		$	3,298	$	-
State and municipal		77		-			(8)		20		-		(5)		10			-			94		-
Residential
mortgage-backed		100		-			(4)		-		(2)		(6)		-			-			88		-
Commercial
mortgage-backed		6		-			-		-		-		(2)		10			-			14		-
Asset-backed		5,023		3			(32)		1,479		(1)		(539)		12			(7)			5,938		-
Corporate
– non-U.S.		1,218		(112)			18		4,637		(3)		(4,672)		21			(54)			1,053		-
Government
– non-U.S.		42		1			(10)		-		-		-		-			-			33		-
U.S. government and
federal agency		277		-			(65)		-		-		-		-			-			212		-
Retained interests		83		5			5		2		-		(17)		-			-			78		-
Equity
Available-for-sale		13		-			-		-		-		-		-			(2)			11		-
Derivatives(d)(e)		416		(52)			2		(2)		-		(221)		28			-			171		(30)
Other		799		(81)			3		352		(351)		-		-			(4)			718		(121)
Total	$	11,645	$	(483)		$	93	$	6,745	$	(740)	$	(5,601)	$	189		$	(140)		$	11,708	$	(151)

• Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.
• Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.
• Represented the amount of unrealized gains or losses for the period included in earnings.
• Represented derivative assets net of derivative liabilities and included cash accruals of $8 million not reflected in the fair value hierarchy table.
• Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

Changes in Level 3 Instruments for the Nine Months Ended September 30, 2012
						Net																Net
(In millions)						realized/																change in
						unrealized																unrealized
			Net			gains																gains
			realized/				(losses)															(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	January 1,		included			comprehensive								into			out of			September 30,		September 30,
	2012		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2012		2012		(c)
Investment securities
Debt
U.S. corporate	$	3,235	$	69		$	(2)	$	203	$	(105)	$	(63)	$	260		$	(18)		$	3,579	$	-
State and municipal		77		-			11		13		-		(1)		78			(25)			153		-
Residential
mortgage-backed		41		(3)			1		1		-		(3)		74			(77)			34		-
Commercial
mortgage-backed		4		-			-		-		(1)		-		6			(3)			6		-
Asset-backed		4,040		-			43		881		(164)		5		20			(6)			4,819		-
Corporate
– non-U.S.		1,204		(19)			17		334		(30)		(137)		23			(97)			1,295		-
Government
– non-U.S.		84		(34)			37		65		(72)		(39)		-			-			41		-
U.S. government and
federal agency		253		-			14		-		-		-		-			-			267		-
Retained interests		35		1			(8)		12		(6)		(5)		-			-			29		-
Equity
Available-for-sale		17		-			(2)		3		(4)		(1)		1			(3)			11		-
Derivatives(d)(e)		369		71			(1)		13		-		(43)		(1)			(50)			358		68
Other		817		25			(4)		93		(100)		-		-			(50)			781		24
Total	$	10,176	$	110		$	106	$	1,618	$	(482)	$	(287)	$	461		$	(329)		$	11,373	$	92

• Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.
• Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.
• Represented the amount of unrealized gains or losses for the period included in earnings.
• Represented derivative assets net of derivative liabilities and included cash accruals of $4 million not reflected in the fair value hierarchy table.
• Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

Non-Recurring Fair Value Measurements

The following table represents non-recurring fair value amounts (as measured at the time of the adjustment) for those assets remeasured to fair value on a non-recurring basis during the fiscal year and still held at September 30, 2013 and December 31, 2012. These assets can include loans and long-lived assets that have been reduced to fair value when they are held for sale, impaired loans that have been reduced based on the fair value of the underlying collateral, cost and equity method investments and long-lived assets that are written down to fair value when they are impaired and the remeasurement of retained investments in formerly consolidated subsidiaries upon a change in control that results in deconsolidation of a subsidiary, if we sell a controlling interest and retain a noncontrolling stake in the entity. Assets that are written down to fair value when impaired and retained investments are not subsequently adjusted to fair value unless further impairment occurs.

	Remeasured during				Remeasured during
	the nine months ended				the year ended
	September 30, 2013				December 31, 2012
(In millions)	Level 2		Level 3		Level 2		Level 3
Financing receivables and loans held for sale	$	148	$	2,693	$	366	$	4,094
Cost and equity method investments(a)		1		954		8		313
Long-lived assets, including real estate		946		2,126		702		2,182
Total	$	1,095	$	5,773	$	1,076	$	6,589

(a)       Includes the fair value of private equity and real estate funds included in Level 3 of $72 million and $84 million at September 30, 2013 and December 31, 2012, respectively.

The following table represents the fair value adjustments to assets measured at fair value on a non-recurring basis and still held at September 30, 2013 and 2012.

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Financing receivables and loans held for sale	$	(107)	$	(225)	$	(257)	$	(411)
Cost and equity method investments(a)		(45)		(50)		(276)		(105)
Long-lived assets, including real estate(b)		(366)		(451)		(855)		(650)
Total	$	(518)	$	(726)	$	(1,388)	$	(1,166)

(a)       Includes fair value adjustments associated with private equity and real estate funds of $(4) million and $(1)million in the three months ended September 30, 2013 and 2012, respectively, and $(11) million and $(3)million in the ninemonths ended September 30, 2013 and 2012, respectively.

(b)       Includes impairments related to real estate equity properties and investments recorded in other costs and expenses of $12 million and $71million in the three months ended September 30, 2013 and 2012, respectively, and $226 million and $126 million in the nine months ended September 30, 2013 and 2012, respectively.

Level 3 Measurements

The following table presents information relating to the significant unobservable inputs of our Level 3 recurring and non-recurring measurements.

	Fair value at				Range
	September 30,		Valuation	Unobservable	(weighted
(Dollars in millions)	2013		technique	inputs	average)
Recurring fair value measurements
Investment securities
Debt
U.S. corporate	$	1,249	Income approach	Discount rate(a)	1.5%-38.0% (14.6%)
Asset-backed		5,888	Income approach	Discount rate(a)	1.5%-10.5% (4.1%)
Corporate – non-U.S.		747	Income approach	Discount rate(a)	0.8%-30.6% (14.0%)
Other financial assets		579	Income approach, Market comparables	Weighted average cost of capital	8.9%-9.2% (9.2%)
				EBITDA multiple	5.6X-8.2X (5.8X)
				Discount rate(a)	4.7%-5.5% (5.2%)
				Capitalization rate(b)	6.3%-7.5% (7.2%)
Non-recurring fair value measurements
Financing receivables and loans held for sale	$	1,915	Income approach, Business enterprise value	Capitalization rate(b)	5.5%-16.7% (8.0%)
				EBITDA multiple	4.3X-7.0X (5.8X)
Cost and equity method investments		387	Income approach	Discount rate(a)	11.5%-11.5% (11.5%)
				Discount for lack	5.7%-5.9% (5.8%)
				of marketability
				Capitalization rate(b)	8.5%-10.6% (10.2%)
Long-lived assets, including real estate		622	Income approach	Capitalization rate(b)	5.4%-14.5% (8.3%)
	Fair value at				Range
	December 31,		Valuation	Unobservable	(weighted
	2012		technique	inputs	average)
Recurring fair value measurements
Investment securities
Debt
U.S. corporate	$	1,652	Income approach	Discount rate(a)	1.3%-29.9% (11.1%)
Asset-backed		4,977	Income approach	Discount rate(a)	2.1%-13.1% (3.8%)
Corporate – non-U.S.		865	Income approach	Discount rate(a)	1.5%-25.0% (13.2%)
Other financial assets		633	Income approach, Market comparables	Weighted average cost of capital	8.7%-10.2% (8.7%)
				EBITDA multiple	4.9X-10.6X (7.9X)
Non-recurring fair value measurements
Financing receivables and loans held for sale	$	2,835	Income approach, Business enterprise value	Capitalization rate(b)	3.8%-14.0% (8.0%)
				EBITDA multiple	2.0X-6.0X (4.8X)
Cost and equity method investments		72	Income approach	Capitalization rate(b)	9.2%-12.8% (12.0%)
Long-lived assets, including real estate		985	Income approach	Capitalization rate(b)	4.8%-14.6% (7.3%)

• Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value.
• Represents the rate of return on net operating income that is considered acceptable for an investor and is used to determine a property's capitalized value. An increase in the capitalization rate would result in a decrease in the fair value.

At September 30, 2013 and December 31, 2012, other Level 3 recurring fair value measurements of $2,894 million and $3,146 million, respectively, and non-recurring measurements of $2,447 million and $2,412 million, respectively, are valued using non-binding broker quotes or other third-party sources. For a description of our process to evaluate third-party pricing servicers, see Note 1 in our 2012 consolidated financial statements. At September 30, 2013 and December 31, 2012, other recurring fair value measurements of $343 million and $370 million, respectively, and non-recurring fair value measurements of $402 million and $285 million, respectively, were individually insignificant and utilize a number of different unobservable inputs not subject to meaningful aggregation.

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Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On (Tables)

9 Months Ended

Sep. 30, 2013

Commercial Portfolio Segment [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Schedule Of Financing Receivables And Allowance For Losses [Table Text Block]

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
CLL
Americas	$	69,240	$	72,517
Europe(a)		35,529		37,037
Asia		9,573		11,401
Other(a)		468		603
Total CLL		114,810		121,558
Energy Financial Services		4,367		4,851
GECAS		9,642		10,915
Other		393		486
Total Commercial financing receivables, before allowance for losses	$	129,212	$	137,810
Non-impaired financing receivables	$	125,086	$	132,741
General reserves		599		554
Impaired loans		4,126		5,069
Specific reserves		311		487

(a)During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

Past Due Financing Receivables [Table Text Block]

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due		past due		past due
CLL
Americas	1.0	%	0.5	%	1.1	%	0.5	%
Europe	4.2		2.0		3.7		2.1
Asia	0.8		0.5		0.9		0.6
Other	0.0		0.0		0.1		0.0
Total CLL	2.0		1.0		1.9		1.0
Energy Financial Services	0.0		0.0		0.0		0.0
GECAS	0.0		0.0		0.0		0.0
Other	0.1		0.0		2.8		2.8
Total	1.8		0.8		1.7		0.9

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
CLL
Americas	$	1,655		$	1,951		$	1,182		$	1,333
Europe		1,269			1,740			916			1,299
Asia		465			395			226			193
Other		-			52			-			52
Total CLL		3,389			4,138			2,324			2,877
Energy Financial Services		4			-			4			-
GECAS		-			3			-			-
Other		11			25			-			13
Total	$	3,404		$	4,166		$	2,328		$	2,890
Allowance for losses percentage		26.7	%		25.0	%		39.1	%		36.0	%

Impaired Financing Receivables [Table Text Block]

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment in		investment		principal		Associated		investment
(In millions)	in loans		balance		loans		in loans		balance		allowance		in loans
September 30, 2013
CLL
Americas	$	1,979	$	2,391	$	2,275	$	474	$	633	$	131	$	517
Europe		865		1,747		995		470		739		167		525
Asia		237		242		149		86		109		12		88
Other		-		-		-		-		-		-		15
Total CLL		3,081		4,380		3,419		1,030		1,481		310		1,145
Energy Financial Services		-		-		-		4		4		1		2
GECAS		-		-		-		-		-		-		1
Other		10		10		10		1		1		-		5
Total	$	3,091	$	4,390	$	3,429	$	1,035	$	1,486	$	311	$	1,153
December 31, 2012
CLL
Americas	$	2,487	$	2,927	$	2,535	$	557	$	681	$	178	$	987
Europe		1,131		1,901		1,009		643		978		278		805
Asia		62		64		62		109		120		23		134
Other		-		-		43		52		68		6		16
Total CLL		3,680		4,892		3,649		1,361		1,847		485		1,942
Energy Financial Services		-		-		2		-		-		-		7
GECAS		-		-		17		3		3		-		5
Other		17		28		26		8		8		2		40
Total	$	3,697	$	4,920	$	3,694	$	1,372	$	1,858	$	487	$	1,994

Financing Receivable Credit Quality Indicators [Table Text Block]

	Secured
(In millions)	A		B		C		Total
September 30, 2013
CLL
Americas	$	66,084	$	1,531	$	1,625	$	69,240
Europe(a)		33,450		484		1,054		34,988
Asia		9,050		103		264		9,417
Other(a)		113		-		-		113
Total CLL		108,697		2,118		2,943		113,758
Energy Financial Services		4,202		38		-		4,240
GECAS		9,504		111		27		9,642
Other		393		-		-		393
Total	$	122,796	$	2,267	$	2,970	$	128,033
December 31, 2012
CLL
Americas	$	68,360	$	1,775	$	2,382	$	72,517
Europe(a)		33,756		1,188		1,256		36,200
Asia		10,732		117		372		11,221
Other(a)		159		-		94		253
Total CLL		113,007		3,080		4,104		120,191
Energy Financial Services		4,725		-		-		4,725
GECAS		10,681		223		11		10,915
Other		486		-		-		486
Total	$	128,899	$	3,303	$	4,115	$	136,317

(a)During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

Commercial Real Estate Portfolio Segment [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Schedule Of Financing Receivables And Allowance For Losses [Table Text Block]

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
Real Estate financing receivables, before allowance for losses	$	18,966	$	20,946
Non-impaired financing receivables	$	14,769	$	15,253
General reserves		87		132
Impaired loans		4,197		5,693
Specific reserves		83		188

Past Due Financing Receivables [Table Text Block]

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due		past due		past due
Real Estate	1.4	%	1.4	%	2.3	%	2.2	%

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
Real Estate	$	3,723		$	4,885		$	357		$	444
Allowance for losses percentage		4.6	%		6.6	%		47.6	%		72.1	%

Impaired Financing Receivables [Table Text Block]

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment		investment		principal		Associated		investment
(In millions)	in loans		balance		in loans		in loans		balance		allowance		in loans
September 30, 2013
Real Estate	$	2,793	$	3,149	$	3,169	$	1,404	$	1,724	$	83	$	1,799
December 31, 2012
Real Estate	$	3,491	$	3,712	$	3,773	$	2,202	$	2,807	$	188	$	3,752

Financing Receivable Credit Quality Indicators [Table Text Block]

	Loan-to-value ratio
	September 30, 2013						December 31, 2012
	Less than		80% to		Greater than		Less than		80% to		Greater than
(In millions)	80%		95%		95%		80%		95%		95%
Debt	$	14,387	$	1,221	$	2,371	$	13,570	$	2,572	$	3,604

Consumer Portfolio Segment [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Schedule Of Financing Receivables And Allowance For Losses [Table Text Block]

	Financing receivables
	September 30,		December 31,
(In millions)	2013		2012
Non-U.S. residential mortgages	$	31,142	$	33,451
Non-U.S. installment and revolving credit		17,305		18,546
U.S. installment and revolving credit		51,799		50,853
Non-U.S. auto		3,524		4,260
Other		7,427		8,070
Total Consumer financing receivables, before allowance for losses	$	111,197	$	115,180
Non-impaired financing receivables	$	108,002	$	111,960
General reserves		3,388		2,950
Impaired loans		3,195		3,220
Specific reserves		684		674

Past Due Financing Receivables [Table Text Block]

	September 30, 2013				December 31, 2012
	Over 30 days		Over 90 days		Over 30 days		Over 90 days
	past due		past due(a)		past due		past due(a)
Non-U.S. residential mortgages(b)	11.5	%	7.1	%	12.0	%	7.5	%
Non-U.S. installment and revolving credit	3.7		1.1		3.9		1.1
U.S. installment and revolving credit	4.3		1.9		4.6		2.0
Non-U.S. auto	3.1		0.4		3.1		0.5
Other	2.7		1.5		2.8		1.7
Total	6.1		3.1		6.5		3.4

• Included $28 million and $24 million of loans at September 30, 2013 and December 31, 2012, respectively, which are over 90 days past due and accruing interest, mainly representing accretion on loans acquired at a discount.
• Consumer loans secured by residential real estate (both revolving and closed-end loans) are written down to the fair value of collateral, less costs to sell, no later than when they become 180 days past due.

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	Nonaccrual financing						Nonearning financing
	receivables						receivables
	September 30,			December 31,			September 30,			December 31,
(Dollars in millions)	2013			2012			2013			2012
Non-U.S. residential mortgages	$	2,269		$	2,600		$	2,258		$	2,569
Non-U.S. installment and revolving credit		205			224			205			224
U.S. installment and revolving credit		936			1,026			936			1,026
Non-U.S. auto		20			24			20			24
Other		386			427			341			351
Total	$	3,816		$	4,301		$	3,760		$	4,194
Allowance for losses percentage		106.7	%		84.3	%		108.3	%		86.4	%

Non US residential mortgages [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Financing Receivable Credit Quality Indicators [Table Text Block]

	Loan-to-value ratio
	September 30, 2013							December 31, 2012
	80% or		Greater than		Greater than		80% or		Greater than		Greater than
(In millions)	less		80% to 90%		90%		less		80% to 90%		90%
Non-U.S.
residential
mortgages	$	17,401	$	5,238	$	8,503	$	18,613	$	5,739	$	9,099

Installment And Revolving Credit [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Financing Receivable Credit Quality Indicators [Table Text Block]

	Internal ratings translated to approximate credit bureau equivalent score
	September 30, 2013						December 31, 2012
	681 or		615 to		614 or		681 or		615 to		614 or
(In millions)	higher		680		less		higher		680		less
Non-U.S.
installment and
revolving credit	$	10,037	$	4,098	$	3,170	$	10,493	$	4,496	$	3,557
U.S. installment
and revolving
credit		34,187		10,293		7,319		33,204		9,753		7,896
Non-U.S. auto		2,705		488		331		3,141		666		453

XML

Fair Value Measurements (Level 3 Measurements) (Details) (USD $) In Millions, unless otherwise specified	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	$ 2,447	$ 2,412
Fair Value, Inputs, Level 3 [Member] | Financing receivables and loans held for sale [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	2,693	4,094
Fair Value, Inputs, Level 3 [Member] | Cost and equity method investments [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	954	313
Fair Value, Inputs, Level 3 [Member] | Long Lived Assets, Including Real Estate [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	2,126	2,182
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	1,249	1,652
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	1.50%	1.30%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	38.00%	29.90%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Domestic Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Weighted Average Discount Rate Used For Level Three Valuation	14.60%	11.10%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	5,888	4,977
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	1.50%	2.10%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	10.50%	13.10%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Weighted Average Discount Rate Used For Level Three Valuation	4.10%	3.80%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	747	865
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	0.80%	1.50%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	30.60%	25.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Foreign Corporate Debt Securities [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Weighted Average Discount Rate Used For Level Three Valuation	14.00%	13.20%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Investments, Fair Value Disclosure	579	633
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	4.70%
Range Capitalization Rate Used For Level Three Valuation	6.30%
Weighted Average Cost Of Capital Used For Level Three Valuation	8.90%	8.70%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	5.50%
Range Capitalization Rate Used For Level Three Valuation	7.50%
Weighted Average Cost Of Capital Used For Level Three Valuation	9.20%	10.20%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Weighted Average Discount Rate Used For Level Three Valuation	5.20%
Weighted Average Cost Of Capital Used For Level Three Valuation	9.20%	8.70%
Weighted Average Capitalization Rate Used For Level Three Valuation	7.20%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	5.6	4.9
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	8.2	10.6
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Other 1 [Member] | Income Approach And Market Comparable Valuation Techniques [Member] | EBITDA Multiple [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	5.8	7.9
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	1,915	2,835
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Capitalization Rate Used For Level Three Valuation	5.50%	3.80%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Capitalization Rate Used For Level Three Valuation	16.70%	14.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Weighted Average Capitalization Rate Used For Level Three Valuation	8.00%	8.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | EBITDA Multiple [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	4.3	2.0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | EBITDA Multiple [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	7.0	6.0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Financing receivables and loans held for sale [Member] | Income Approach And Business Enterprise Valuation Techniques [Member] | EBITDA Multiple [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
EBITDA Multiple Used For Level Three Valuation	5.8	4.8
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	387	72
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	11.50%
Range Discount Rate For Lack Of Marketability Used For Level Three Valuation	5.70%
Range Capitalization Rate Used For Level Three Valuation	8.50%	9.20%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Discount Rate Used For Level Three Valuation	11.50%
Range Discount Rate For Lack Of Marketability Used For Level Three Valuation	5.90%
Range Capitalization Rate Used For Level Three Valuation	10.60%	12.80%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Cost and equity method investments [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Weighted Average Discount Rate Used For Level Three Valuation	11.50%
Weighted Average Discount Rate For Lack Of Marketability Used For Level Three Valuation	5.80%
Weighted Average Capitalization Rate Used For Level Three Valuation	10.20%	12.00%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Long Lived Assets, Including Real Estate [Member] | Income Approach Valuation Techniques [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Fair Value Assets Measured On Non Recurring Basis	$ 622	$ 985
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Long Lived Assets, Including Real Estate [Member] | Income Approach Valuation Techniques [Member] | Lower Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Capitalization Rate Used For Level Three Valuation	5.40%	4.80%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Long Lived Assets, Including Real Estate [Member] | Income Approach Valuation Techniques [Member] | Upper Limit [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Range Capitalization Rate Used For Level Three Valuation	14.50%	14.60%
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Long Lived Assets, Including Real Estate [Member] | Income Approach Valuation Techniques [Member] | Weighted Average [Member]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis, Valuation Techniques [Line Items]
Weighted Average Capitalization Rate Used For Level Three Valuation	8.30%	7.30%

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Investment Securities (Investments, by type and length in continuous loss position) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Domestic Corporate Debt Securities [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	$ 2,120	$ 434
Gross unrealized losses, less than 12 months	(134)	(7)
Estimated fair value, 12 months or more	416	813
Gross unrealized losses, 12 months or more	(75)	(295)
US States and Political Subdivisions Debt Securities [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	996	146
Gross unrealized losses, less than 12 months	(84)	(2)
Estimated fair value, 12 months or more	313	326
Gross unrealized losses, 12 months or more	(105)	(111)
Residential Mortgage Backed Securities [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	237	98
Gross unrealized losses, less than 12 months	(9)	(1)
Estimated fair value, 12 months or more	511	691
Gross unrealized losses, 12 months or more	(50)	(118)
Commercial Mortgage Backed Securities [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	292	37
Gross unrealized losses, less than 12 months	(26)	0
Estimated fair value, 12 months or more	773	979
Gross unrealized losses, 12 months or more	(62)	(95)
Asset-backed Securities [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	5,950	18
Gross unrealized losses, less than 12 months	(13)	(1)
Estimated fair value, 12 months or more	404	658
Gross unrealized losses, 12 months or more	(49)	(76)
Foreign Corporate Debt Securities [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	140	167
Gross unrealized losses, less than 12 months	(1)	(8)
Estimated fair value, 12 months or more	495	602
Gross unrealized losses, 12 months or more	(95)	(118)
Foreign Government Debt Securities [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	1,474	201
Gross unrealized losses, less than 12 months	(6)	(1)
Estimated fair value, 12 months or more	40	37
Gross unrealized losses, 12 months or more	(1)	(2)
US Treasury and Government [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	444	0
Gross unrealized losses, less than 12 months	(40)	0
Estimated fair value, 12 months or more	0	0
Gross unrealized losses, 12 months or more	0	0
Retained Interest [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	9	3
Gross unrealized losses, less than 12 months	0	0
Estimated fair value, 12 months or more	0	0
Gross unrealized losses, 12 months or more	0	0
Equity Securities [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	17	26
Gross unrealized losses, less than 12 months	(3)	(3)
Estimated fair value, 12 months or more	0	0
Gross unrealized losses, 12 months or more	0	0
Total [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	11,679	1,130
Gross unrealized losses, less than 12 months	(316)	(23)
Estimated fair value, 12 months or more	2,952	4,106
Gross unrealized losses, 12 months or more	$ (437)	$ (815)

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GECC Borrowings and Bank Deposits (Parenthetical) (Details) (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	$ 226,872	$ 236,084
Bank deposits	50,761	46,461
Short-term borrowings	80,496	101,392
Repayments of Unsecured Debt	5,000
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	215,503	224,776
Secured Debt	9,855	9,757
U.S. dollar equivalent of subordinated debentures hedged at issuance	7,725
Bank deposits	50,761	46,461
Short-term borrowings	79,830	95,940
Guaranteed investment contracts [Member] | Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	526	604
Subordinated Notes Guaranteed By GE [Member] | Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Long-term borrowings	300	300
Non US Banks [Member] | Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Bank deposits	15,847	16,157
Non Recourse [Member] | Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Secured Debt	3,808	3,294
Certificates of Deposit [Member] | Subsidiaries GECC [Member]
Borrowings And Bank Deposits [Line Items]
Secured Long-term Debt, Noncurrent	$ 16,557	$ 17,291

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Shareowners' Equity (Tables)

9 Months Ended

Sep. 30, 2013

Stockholders' Equity Note [Abstract]

Accumulated other comprehensive income

Accumulated Other Comprehensive Income (Loss)
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Investment securities
Beginning balance	$	146	$	472	$	677	$	(30)
Other comprehensive income (loss) (OCI) before reclassifications –
net of deferred taxes of $67, $68, $(302) and $331		155		104		(515)		575
Reclassifications from OCI – net of deferred taxes
of $11, $10, $124 and $28		15		18		153		45
Other comprehensive income (loss)(a)		170		122		(362)		620
Less: OCI attributable to noncontrolling interests		1		2		-		(2)
Balance at September 30	$	315	$	592	$	315	$	592
Currency translation adjustments (CTA)
Beginning balance	$	358	$	(861)	$	412	$	133
OCI before reclassifications –
net of deferred taxes of $(12), $(193), $(326) and $(207)		(327)		1,416		(313)		429
Reclassifications from OCI – net of deferred taxes
of $7, $72, $85 and $67		(56)		(120)		(156)		(123)
Other comprehensive income (loss)(a)		(383)		1,296		(469)		306
Less: OCI attributable to noncontrolling interests		11		5		(21)		9
Balance at September 30	$	(36)	$	430	$	(36)	$	430
Cash flow hedges
Beginning balance	$	(430)	$	(1,031)	$	(722)	$	(1,176)
OCI before reclassifications –
net of deferred taxes of $43, $285, $144 and $323		63		(39)		271		88
Reclassifications from OCI – net of deferred taxes
of $(20), $(188), $(85) and $(208)		(5)		104		80		122
Other comprehensive income (loss)(a)		58		65		351		210
Less: OCI attributable to noncontrolling interests		(2)		(1)		(1)		(1)
Balance at September 30	$	(370)	$	(965)	$	(370)	$	(965)
Benefit plans
Beginning balance	$	(18,537)	$	(21,303)	$	(20,597)	$	(22,901)
Prior service credit (costs) - net of deferred taxes
of $0, $447, $0 and $447		-		783		-		783
Net actuarial gain (loss) – net of deferred taxes
of $(7), $(302), $295 and $(236)		9		(556)		548		(460)
Net curtailment/settlement - net of deferred taxes
of $0, $0, $0 and $0		-		(39)		-		(39)
Prior service cost amortization – net of deferred taxes
of $68, $80, $201 and $256		100		121		298		389
Net actuarial gain (loss) amortization – net of deferred taxes
of $334, $319, $1,008 and $949		656		615		1,980		1,847
Other comprehensive income (loss)(a)		765		924		2,826		2,520
Less: OCI attributable to noncontrolling interests		-		(1)		1		(3)
Balance at September 30	$	(17,772)	$	(20,378)	$	(17,772)	$	(20,378)
Accumulated other comprehensive income (loss) at
September 30	$	(17,863)	$	(20,321)	$	(17,863)	$	(20,321)

• Total other comprehensive income (loss) was $610 million and $2,407 million for the three months ended September 30, 2013 and 2012, respectively, and $2,346 million and $3,656 million for the ninemonths endedSeptember 30, 2013 and 2012, respectively.

Reclassification out of Accumulated Other Comprehensive Income

Reclassification out of AOCI
Components of AOCI	Three months ended September 30,				Nine months ended September 30,				Statement of Earnings Caption
	2013		2012		2013		2012
Available-for-sale securities
Realized gains (losses) on
sale/impairment of securities	$	(26)	$	(28)	$	(277)	$	(73)	Other income
		11		10		124		28	Tax (expense) or benefit
	$	(15)	$	(18)	$	(153)	$	(45)	Net of tax
Currency translation adjustments
Gains (losses) on dispositions	$	49	$	48	$	71	$	56	Costs and expenses
		7		72		85		67	Tax (expense) or benefit
	$	56	$	120	$	156	$	123	Net of tax
Cash flow hedges
Gains (losses) on interest rate derivatives	$	(88)	$	(118)	$	(282)	$	(384)	Interest and other financial charges
Foreign exchange contracts		62		245		168		580	(a)
Other		51		(43)		119		(110)	(b)
		25		84		5		86	Total before tax
		(20)		(188)		(85)		(208)	Tax (expense) or benefit
	$	5	$	(104)	$	(80)	$	(122)	Net of tax
Benefit plan items
Amortization of prior service costs	$	(168)	$	(201)	$	(499)	$	(645)	(c)
Amortization of actuarial gains (losses)		(990)		(934)		(2,988)		(2,796)	(c)
		(1,158)		(1,135)		(3,487)		(3,441)	Total before tax
		402		399		1,209		1,205	Tax (expense) or benefit
	$	(756)	$	(736)	$	(2,278)	$	(2,236)	Net of tax
Total reclassification adjustments	$	(710)	$	(738)	$	(2,355)	$	(2,280)	Net of tax

• Includes $73 million and $268million in GECC revenues from services and $(11) million and $(23)million in interest and other financial charges for the three months ended September 30, 2013 and 2012, respectively, and$210 million and $673million in GECC revenues from services and $(42) million and $(93) million in interest and other financial charges for the ninemonths ended September 30, 2013 and 2012, respectively.
• Primarily included in costs and expenses.
• Amortization of prior service costs and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 9 for further information.

Changes to noncontrolling interests

Noncontrolling Interests
A summary of changes to noncontrolling interests follows
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Beginning balance	$	6,302	$	3,780	$	5,444	$	1,696
Net earnings (loss)		(10)		17		140		88
GECC issuance of preferred stock		-		1,733		990		3,960
GECC preferred stock dividend		-		-		(135)		-
Dividends		(9)		(21)		(72)		(35)
Dispositions		(15)		-		(119)		-
AOCI and other		85		(45)		105		(245)
Ending balance	$	6,353	$	5,464	$	6,353	$	5,464

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Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and other intangible assets

	At
	September 30,		December 31,
(In millions)	2013		2012
Goodwill	$	78,024	$	73,175
Other intangible assets - net
Intangible assets subject to amortization	$	14,074	$	11,828
Indefinite-lived intangible assets(a)		152		159
Total	$	14,226	$	11,987

(a)       Indefinite-lived intangible assets principally comprised in-process research and development, trademarks and tradenames.

Changes in goodwill balance

					Dispositions,
	Balance at				currency		Balance at
	January 1,				exchange		September 30,
(In millions)	2013		Acquisitions		and other		2013
Power & Water	$	8,821	$	-	$	(3)	$	8,818
Oil & Gas		8,365		2,240		(75)		10,530
Energy Management		4,610		-		(27)		4,583
Aviation		5,975		3,058		(40)		8,993
Healthcare		16,762		38		(28)		16,772
Transportation		999		-		22		1,021
Home & Business Solutions		611		-		(4)		607
GE Capital		27,032		24		(360)		26,696
Corporate		-		4		-		4
Total	$	73,175	$	5,364	$	(515)	$	78,024

Intangible assets subject to amortization

Intangible Assets Subject to Amortization
	At
	September 30, 2013						December 31, 2012
	Gross						Gross
	carrying		Accumulated				carrying		Accumulated
(In millions)	amount		amortization		Net		amount		amortization		Net
Customer-related	$	8,065	$	(2,321)	$	5,744	$	6,978	$	(2,161)	$	4,817
Patents, licenses and trademarks		6,452		(2,777)		3,675		6,172		(2,595)		3,577
Capitalized software		8,114		(5,219)		2,895		7,537		(4,691)		2,846
Lease valuations		731		(510)		221		1,163		(792)		371
Present value of future profits(a)		566		(566)		-		530		(530)		-
All other		1,983		(444)		1,539		636		(419)		217
Total	$	25,911	$	(11,837)	$	14,074	$	23,016	$	(11,188)	$	11,828

(a)Balances at September 30, 2013and December 31, 2012 reflect adjustments of $327 million and $353 million, respectively, to the present value of future profits in our run-off insurance operation to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized.

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GECC Borrowings and Bank Deposits (Tables)

9 Months Ended

Sep. 30, 2013

Debt Disclosure [Abstract]

GECC Borrowings

	At
	September 30,		December 31,
(In millions)	2013		2012
Short-term borrowings
GE
Commercial paper	$	300	$	352
Payable to banks		218		23
Current portion of long-term borrowings		73		5,068
Other		511		598
Total GE short-term borrowings		1,102		6,041
GECC
Commercial paper
U.S.		27,360		33,686
Non-U.S.		5,671		9,370
Current portion of long-term borrowings(a)(b)		38,065		44,264
GE Interest Plus notes(c)		8,482		8,189
Other(b)		252		431
Total GECC short-term borrowings		79,830		95,940
Eliminations		(436)		(589)
Total short-term borrowings	$	80,496	$	101,392
Long-term borrowings
GE
Senior notes	$	10,967	$	10,963
Payable to banks, principally U.S.		73		13
Other		453		452
Total GE long-term borrowings		11,493		11,428
GECC
Senior unsecured notes(a)		191,118		199,646
Subordinated notes(d)		4,787		4,965
Subordinated debentures(e)		7,312		7,286
Other(b)		12,286		12,879
Total GECC long-term borrowings		215,503		224,776
Eliminations		(124)		(120)
Total long-term borrowings	$	226,872	$	236,084
Non-recourse borrowings of consolidated securitization entities(f)	$	29,966	$	30,123
Bank deposits(g)	$	50,761	$	46,461
Total borrowings and bank deposits	$	388,095	$	414,060

(a)       Included in total long-term borrowings were $526 million and $604millionof obligations to holders of GICs at September 30, 2013 and December 31, 2012, respectively. These obligations included conditions under which certain GIC holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3. The remaining outstanding GICs will continue to be subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC's ratings, among other things.

(b)       Included $9,855 million and $9,757million of funding secured by real estate, aircraft and other collateral at September 30, 2013 and December 31, 2012, respectively, of which $3,808 million and $3,294 million is non-recourse to GECC at September 30, 2013 and December 31, 2012, respectively.

(c)       Entirely variable denomination floating-rate demand notes.

(d)Included $300 million of subordinated notes guaranteed by GE at both September 30, 2013 and December 31, 2012.

(e)Subordinated debentures receive rating agency equity credit and were hedged at issuance to the U.S. dollar equivalent of $7,725 million.

(f)       Included at September 30, 2013 and December 31, 2012, were $7,099 million and $7,707million of current portion of long-term borrowings, respectively, and $22,867 million and $22,416 million of long-term borrowings, respectively. See Note 18.

(g)       Included $15,847 million and $16,157 million of deposits in non-U.S. banks at September 30, 2013 and December 31, 2012, respectively, and $16,557 million and $17,291 million of certificates of deposits with maturities greater than one year at September 30, 2013 and December 31, 2012, respectively.

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GECC Financing Receivables and Allowance For Losses On Financing Receivables

9 Months Ended

Sep. 30, 2013

Loans and Leases Receivable Disclosure [Abstract]

GECC Financing Receivables and Allowance For Losses On Financing Receivables

5. GECCFINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES

	At
	September 30,		December 31,
(In millions)	2013		2012
Loans, net of deferred income(a)	$	229,639	$	241,465
Investment in financing leases, net of deferred income		29,736		32,471
		259,375		273,936
Less allowance for losses		(5,152)		(4,985)
Financing receivables – net(b)	$	254,223	$	268,951

• Deferred income was $1,963 million and $2,182 million at September 30, 2013 and December 31, 2012, respectively.
• Financing receivables at September 30, 2013 and December 31, 2012 included $582 million and $750 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination.

The following tables provide additional information about our financing receivables and related activity in the allowance for losses for our Commercial, Real Estate and Consumer portfolios.

	September 30,		December 31,
(In millions)	2013		2012
Commercial
CLL
Americas	$	69,240	$	72,517
Europe(a)		35,529		37,037
Asia		9,573		11,401
Other(a)		468		603
Total CLL		114,810		121,558
Energy Financial Services		4,367		4,851
GE Capital Aviation Services (GECAS)		9,642		10,915
Other		393		486
Total Commercial		129,212		137,810
Real Estate		18,966		20,946
Consumer
Non-U.S. residential mortgages		31,142		33,451
Non-U.S. installment and revolving credit		17,305		18,546
U.S. installment and revolving credit		51,799		50,853
Non-U.S. auto		3,524		4,260
Other		7,427		8,070
Total Consumer		111,197		115,180
Total financing receivables		259,375		273,936
Less allowance for losses		(5,152)		(4,985)
Total financing receivables – net	$	254,223	$	268,951

• During the thirdquarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

Allowance for Losses on Financing Receivables
	Balance at		Provision											Balance at
	January 1,		charged to					Gross						September 30,
(In millions)	2013		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2013
Commercial
CLL
Americas	$	490	$	206	$	(1)		$	(316)		$	91		$	470
Europe		445		205		-			(369)			61			342
Asia		80		60		(9)			(65)			9			75
Other		6		(3)		-			(3)			-			-
Total CLL		1,021		468		(10)			(753)			161			887
Energy Financial
Services		9		2		-			-			-			11
GECAS		8		2		-			-			-			10
Other		3		(1)		-			(2)			2			2
Total Commercial		1,041		471		(10)			(755)			163			910
Real Estate		320		(21)		(5)			(133)			9			170
Consumer
Non-U.S. residential
mortgages		480		137		(2)			(216)			40			439
Non-U.S. installment
and revolving
credit		623		405		(42)			(727)			403			662
U.S. installment and
revolving credit		2,282		2,198		(50)			(2,118)			409			2,721
Non-U.S. auto		67		51		(11)			(96)			56			67
Other		172		97		4			(149)			59			183
Total Consumer		3,624		2,888		(101)			(3,306)			967			4,072
Total	$	4,985	$	3,338	$	(116)		$	(4,194)		$	1,139		$	5,152

• Other primarily included the effects of currency exchange.
• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

	Balance at		Provision											Balance at
	January 1,		charged to					Gross						September 30,
(In millions)	2012		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2012
Commercial
CLL
Americas	$	889	$	67	$	(43)		$	(423)		$	77		$	567
Europe		400		271		(3)			(142)			48			574
Asia		157		13		(1)			(117)			20			72
Other		4		9		(1)			(10)			-			2
Total CLL		1,450		360		(48)			(692)			145			1,215
Energy Financial
Services		26		8		-			(24)			3			13
GECAS		17		7		(1)			(11)			-			12
Other		37		3		(19)			(13)			1			9
Total Commercial		1,530		378		(68)			(740)			149			1,249
Real Estate		1,089		101		(7)			(455)			8			736
Consumer
Non-U.S. residential
mortgages		546		66		5			(213)			63			467
Non-U.S. installment
and revolving credit		717		270		22			(798)			443			654
U.S. installment and
revolving credit		2,008		1,807		(18)			(2,140)			373			2,030
Non-U.S. auto		101		18		(7)			(110)			71			73
Other		199		88		15			(193)			62			171
Total Consumer		3,571		2,249		17			(3,454)			1,012			3,395
Total	$	6,190	$	2,728	$	(58)		$	(4,649)		$	1,169		$	5,380

• Other primarily included transfers to held for sale and the effects of currency exchange.
• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

See Note 17 for supplemental information about the credit quality of financing receivables and allowance for losses on financing receivables.

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Goodwill and Other Intangible Assets (Goodwill) (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Mar. 31, 2012	Mar. 27, 2012
Goodwill [Line Items]
Goodwill	$ 78,024,000,000	$ 73,175,000,000
Intangible assets subject to amortization	14,074,000,000	11,828,000,000
Indefinite-lived intangible assets	152,000,000	159,000,000
Total	14,226,000,000	11,987,000,000
Acquisitions	5,364,000,000
Dispositions, currency exchange and other	(515,000,000)
Goodwill, period increase (decrease)	4,849,000,000
Percentage Ownership In Joint Venture				50.00%
Pre Tax Gain On Deconsolidation Of Business Contributed To Joint Venture			274,000,000
After Tax Gain On Deconsolidation Of Business Contributed To Joint Venture			152,000,000
Discount Rates Used In Reporting Unit Valuations Minimum Rate	8.00%
Discount Rates Used In Reporting Unit Valuations Maximum Rate	16.50%
Power And Water [Member]
Goodwill [Line Items]
Goodwill	8,818,000,000	8,821,000,000
Acquisitions	0
Dispositions, currency exchange and other	(3,000,000)
Oil And Gas [Member]
Goodwill [Line Items]
Goodwill	10,530,000,000	8,365,000,000
Acquisitions	2,240,000,000
Dispositions, currency exchange and other	(75,000,000)
Oil And Gas [Member] | Acquisition Lufkin Industries Inc [Member]
Goodwill [Line Items]
Acquisitions	2,055,000,000
Energy Management [Member]
Goodwill [Line Items]
Goodwill	4,583,000,000	4,610,000,000
Acquisitions	0
Dispositions, currency exchange and other	(27,000,000)
Aviation [Member]
Goodwill [Line Items]
Goodwill	8,993,000,000	5,975,000,000
Acquisitions	3,058,000,000
Dispositions, currency exchange and other	(40,000,000)
Aviation [Member] | Acquisition Avio SpA [Member]
Goodwill [Line Items]
Acquisitions	3,058,000,000
Business Acquisition, Preexisting Relationship, Gain (Loss) Recognized	96,000,000
Healthcare [Member]
Goodwill [Line Items]
Goodwill	16,772,000,000	16,762,000,000
Acquisitions	38,000,000
Dispositions, currency exchange and other	(28,000,000)
Transportation [Member]
Goodwill [Line Items]
Goodwill	1,021,000,000	999,000,000
Acquisitions	0
Dispositions, currency exchange and other	22,000,000
Home and Business Solutions [Member]
Goodwill [Line Items]
Goodwill	607,000,000	611,000,000
Acquisitions	0
Dispositions, currency exchange and other	(4,000,000)
GE Capital [Member]
Goodwill [Line Items]
Goodwill	26,696,000,000	27,032,000,000
Acquisitions	24,000,000
Dispositions, currency exchange and other	(360,000,000)
GE Capital [Member] | Commercial Real Estate Portfolio Segment [Member]
Goodwill [Line Items]
Discount Rate Goodwill Impairment	11.25%
Implied Fair Value Of Goodwill Exceeding Carrying Value Of Goodwill	3,700,000,000
Corporate Items And Eliminations [Member]
Goodwill [Line Items]
Goodwill	4,000,000	0
Acquisitions	4,000,000
Dispositions, currency exchange and other	$ 0

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Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables (Consumer) (Details) (Subsidiaries GECC [Member], USD $) In Millions, unless otherwise specified	9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	$ 259,375		$ 273,936
Credit Quality Indicators
Loans and leases receivable, Gross	259,375		273,936
Installment And Revolving Credit
Loans and leases receivable, Gross	259,375		273,936
Consumer - Other
Loans and leases receivable, Gross	259,375		273,936
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number Of Consumer Financing Receivable Customers Across US Including Private Label Credit Card And Sales Financing	56,000,000
Percentage of customers with no metropolitan statistical area	6.00%
Percentage Of US Consumer Financing Receivables Related To Credit Cards Loans	65.00%
Percentage Of US Consumer Financing Receivables Related To Sales Finance Receivables	35.00%
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	111,197		115,180
Non-impaired financing receivables	108,002		111,960
General reserves	3,388		2,950
Total impaired loans	3,195		3,220
Allowance for losses (specific reserves)	684		674
Past Due Financing Receivables
Over 30 days past due	6.10%		6.50%
Over 90 days past due	3.10%		3.40%
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	28		24
Nonaccrual Financing Receivables
Nonaccrual loans	3,816		4,301
Nonearning financing receivables	3,760		4,194
Allowance for losses as a percent of nonaccrual financing receivables	106.70%		84.30%
Allowance for losses as a percent of nonearning financing receivables	108.30%		86.40%
Impaired Loans
Total impaired loans	3,195		3,220
Allowance for losses (specific reserves)	684		674
Average investment in loans	3,207		3,056
Interest income recognized	169	127	169
Interest income recognized on a cash basis	3	5	5
Changes In Loans Modified As Troubled Debt Restructurings	1,157
Loans Modified As Troubled Debt Restructuring That Have Subsequently Experienced Payment Default	215	188
Credit Quality Indicators
Maximum Percentage Of Private Label Consumer Financing Receivables Located In Any Metropolitan Area	5.00%
Loans and leases receivable, Gross	111,197		115,180
Installment And Revolving Credit
Loans and leases receivable, Gross	111,197		115,180
Consumer - Other
Loans and leases receivable, Gross	111,197		115,180
Consumer Portfolio Segment [Member] | Troubled Debt Restructuring [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	3,037		3,053
Consumer Portfolio Segment [Member] | Score 614 or Less [Member]
Installment And Revolving Credit
Percent of Financing Receivable Accounts With Credit Bureau Equivalent of 614 Or Less	97.00%
Consumer Portfolio Segment [Member] | Impaired Loans [Member]
Impaired Loans
Unpaid principal balance	3,267
Consumer Portfolio Segment [Member] | No Related Allowance [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	99
Consumer Portfolio Segment [Member] | Related Allowance [Member]
Impaired Loans
Unpaid principal balance	3,140
Average investment in loans	3,112
Financing Receivable, Modifications, Recorded Investment	3,096
Consumer Portfolio Segment [Member] | Modifications Classified As TDRs In Last Twelve Months [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	1,577	1,699
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	31,142		33,451
Past Due Financing Receivables
Over 30 days past due	11.50%		12.00%
Over 90 days past due	7.10%		7.50%
Nonaccrual Financing Receivables
Nonaccrual loans	2,269		2,600
Nonearning financing receivables	2,258		2,569
Credit Quality Indicators
Loans and leases receivable, Gross	31,142		33,451
Percent Of Non US Mortgages With Loan To Value Ratios Greater Than 90 Percent Covered By Third Party Mortgage Insurance	30.00%
Installment And Revolving Credit
Loans and leases receivable, Gross	31,142		33,451
Consumer - Other
Loans and leases receivable, Gross	31,142		33,451
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member] | Loan To Value Ratio Less Than 80 Percent [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	17,401		18,613
Credit Quality Indicators
Loans and leases receivable, Gross	17,401		18,613
Installment And Revolving Credit
Loans and leases receivable, Gross	17,401		18,613
Consumer - Other
Loans and leases receivable, Gross	17,401		18,613
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member] | Loan To Value Ratio From 80 To 90 Percent [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	5,238		5,739
Credit Quality Indicators
Loans and leases receivable, Gross	5,238		5,739
Installment And Revolving Credit
Loans and leases receivable, Gross	5,238		5,739
Consumer - Other
Loans and leases receivable, Gross	5,238		5,739
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member] | Loan To Value Ratio Greater Than 90 Percent [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	8,503		9,099
Credit Quality Indicators
Loans and leases receivable, Gross	8,503		9,099
Installment And Revolving Credit
Loans and leases receivable, Gross	8,503		9,099
Consumer - Other
Loans and leases receivable, Gross	8,503		9,099
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member] | UK [Member]
Credit Quality Indicators
Reindexed Loan To Value Ratios Of Non US Mortgages	79.00%
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member] | France [Member]
Credit Quality Indicators
Reindexed Loan To Value Ratios Of Non US Mortgages	56.00%
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	17,305		18,546
Past Due Financing Receivables
Over 30 days past due	3.70%		3.90%
Over 90 days past due	1.10%		1.10%
Nonaccrual Financing Receivables
Nonaccrual loans	205		224
Nonearning financing receivables	205		224
Credit Quality Indicators
Loans and leases receivable, Gross	17,305		18,546
Installment And Revolving Credit
Loans and leases receivable, Gross	17,305		18,546
Consumer - Other
Loans and leases receivable, Gross	17,305		18,546
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member] | Score 681 or Higher [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	10,037		10,493
Credit Quality Indicators
Loans and leases receivable, Gross	10,037		10,493
Installment And Revolving Credit
Loans and leases receivable, Gross	10,037		10,493
Consumer - Other
Loans and leases receivable, Gross	10,037		10,493
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member] | Score 615 to 680 [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	4,098		4,496
Credit Quality Indicators
Loans and leases receivable, Gross	4,098		4,496
Installment And Revolving Credit
Loans and leases receivable, Gross	4,098		4,496
Consumer - Other
Loans and leases receivable, Gross	4,098		4,496
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member] | Score 614 or Less [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	3,170		3,557
Credit Quality Indicators
Loans and leases receivable, Gross	3,170		3,557
Installment And Revolving Credit
Loans and leases receivable, Gross	3,170		3,557
Consumer - Other
Loans and leases receivable, Gross	3,170		3,557
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	51,799		50,853
Past Due Financing Receivables
Over 30 days past due	4.30%		4.60%
Over 90 days past due	1.90%		2.00%
Nonaccrual Financing Receivables
Nonaccrual loans	936		1,026
Nonearning financing receivables	936		1,026
Credit Quality Indicators
Loans and leases receivable, Gross	51,799		50,853
Installment And Revolving Credit
Loans and leases receivable, Gross	51,799		50,853
Consumer - Other
Loans and leases receivable, Gross	51,799		50,853
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member] | Score 681 or Higher [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	34,187		33,204
Credit Quality Indicators
Loans and leases receivable, Gross	34,187		33,204
Installment And Revolving Credit
Loans and leases receivable, Gross	34,187		33,204
Consumer - Other
Loans and leases receivable, Gross	34,187		33,204
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member] | Score 615 to 680 [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	10,293		9,753
Credit Quality Indicators
Loans and leases receivable, Gross	10,293		9,753
Installment And Revolving Credit
Loans and leases receivable, Gross	10,293		9,753
Consumer - Other
Loans and leases receivable, Gross	10,293		9,753
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member] | Score 614 or Less [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	7,319		7,896
Credit Quality Indicators
Loans and leases receivable, Gross	7,319		7,896
Installment And Revolving Credit
Loans and leases receivable, Gross	7,319		7,896
Consumer - Other
Loans and leases receivable, Gross	7,319		7,896
Consumer Portfolio Segment [Member] | Non US auto [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	3,524		4,260
Past Due Financing Receivables
Over 30 days past due	3.10%		3.10%
Over 90 days past due	0.40%		0.50%
Nonaccrual Financing Receivables
Nonaccrual loans	20		24
Nonearning financing receivables	20		24
Credit Quality Indicators
Loans and leases receivable, Gross	3,524		4,260
Installment And Revolving Credit
Loans and leases receivable, Gross	3,524		4,260
Consumer - Other
Loans and leases receivable, Gross	3,524		4,260
Consumer Portfolio Segment [Member] | Non US auto [Member] | Score 681 or Higher [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	2,705		3,141
Credit Quality Indicators
Loans and leases receivable, Gross	2,705		3,141
Installment And Revolving Credit
Loans and leases receivable, Gross	2,705		3,141
Consumer - Other
Loans and leases receivable, Gross	2,705		3,141
Consumer Portfolio Segment [Member] | Non US auto [Member] | Score 615 to 680 [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	488		666
Credit Quality Indicators
Loans and leases receivable, Gross	488		666
Installment And Revolving Credit
Loans and leases receivable, Gross	488		666
Consumer - Other
Loans and leases receivable, Gross	488		666
Consumer Portfolio Segment [Member] | Non US auto [Member] | Score 614 or Less [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	331		453
Credit Quality Indicators
Loans and leases receivable, Gross	331		453
Installment And Revolving Credit
Loans and leases receivable, Gross	331		453
Consumer - Other
Loans and leases receivable, Gross	331		453
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	7,427		8,070
Past Due Financing Receivables
Over 30 days past due	2.70%		2.80%
Over 90 days past due	1.50%		1.70%
Nonaccrual Financing Receivables
Nonaccrual loans	386		427
Nonearning financing receivables	341		351
Credit Quality Indicators
Loans and leases receivable, Gross	7,427		8,070
Installment And Revolving Credit
Loans and leases receivable, Gross	7,427		8,070
Consumer - Other
Loans and leases receivable, Gross	7,427		8,070
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	583		746
Credit Quality Indicators
Loans and leases receivable, Gross	583		746
Installment And Revolving Credit
Loans and leases receivable, Gross	583		746
Consumer - Other
Loans and leases receivable, Gross	583		746
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	247		451
Credit Quality Indicators
Loans and leases receivable, Gross	247		451
Installment And Revolving Credit
Loans and leases receivable, Gross	247		451
Consumer - Other
Loans and leases receivable, Gross	247		451
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Financing Receivables and Allowance for Losses
Loans and leases receivable, Gross	6,597		6,873
Credit Quality Indicators
Loans and leases receivable, Gross	6,597		6,873
Installment And Revolving Credit
Loans and leases receivable, Gross	6,597		6,873
Consumer - Other
Loans and leases receivable, Gross	6,597		6,873
Consumer Portfolio Segment [Member] | Consumer Other Portfolio [Member]
Financing Receivables and Allowance for Losses
Allowance for losses (specific reserves)	76
Impaired Loans
Allowance for losses (specific reserves)	76
Consumer Portfolio Segment [Member] | Consumer Other Portfolio [Member] | Related Allowance [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	307
Consumer Portfolio Segment [Member] | Remaining Consumer Business [Member]
Financing Receivables and Allowance for Losses
Allowance for losses (specific reserves)	608
Impaired Loans
Allowance for losses (specific reserves)	608
Consumer Portfolio Segment [Member] | Remaining Consumer Business [Member] | Related Allowance [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	2,789
Consumer Portfolio Segment [Member] | Non US Consumer [Member]
Impaired Loans
Changes In Loans Modified As Troubled Debt Restructurings	719
Consumer Portfolio Segment [Member] | Credit Card Loans [Member]
Impaired Loans
Changes In Loans Modified As Troubled Debt Restructurings	$ 438

XML

Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Businesses held for sale

	At
	September 30,		December 31,
(In millions)	2013		2012
Assets
Cash and equivalents	$	4	$	74
Financing receivables – net		-		47
Property, plant and equipment – net		26		31
Other intangible assets – net		20		9
Other		119		50
Assets of businesses held for sale	$	169	$	211
Liabilities
Short-term borrowings	$	-	$	138
Other		42		19
Liabilities of businesses held for sale	$	42	$	157

Discontinued Operations

	Three months ended September 30,				Nine months ended September 30,
(In millions)		2013		2012		2013		2012
Operations
Total revenues and other income (loss)	$	79	$	(17)	$	109	$	(160)
Earnings (loss) from discontinued operations
before income taxes	$	2	$	(139)	$	(157)	$	(587)
Benefit (provision) for income taxes		9		30		151		187
Earnings (loss) from discontinued operations,
net of taxes	$	11	$	(109)	$	(6)	$	(400)
Disposal
Gain (loss) on disposal before income taxes	$	(108)	$	(4)	$	(390)	$	(506)
Benefit (provision) for income taxes		15		154		83		197
Gain (loss) on disposal, net of taxes	$	(93)	$	150	$	(307)	$	(309)
Earnings (loss) from discontinued operations,
net of taxes(a)	$	(82)	$	41	$	(313)	$	(709)

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

	At
	September 30,		December 31,
(In millions)	2013		2012
Assets
Cash and equivalents	$	108	$	102
Property, plant and equipment - net		474		699
Other		1,091		1,507
Assets of discontinued operations	$	1,673	$	2,308
Liabilities
Deferred income taxes	$	323	$	372
Other		2,077		2,079
Liabilities of discontinued operations	$	2,400	$	2,451

Rollfoward of WMC's reserve and pending claims for WMC representation and warranty obligations

	Reserve					Pending claims
(In millions)		Three months ended September 30, 2013		Nine months ended September 30, 2013	(In millions)		Three months ended September 30, 2013		Nine months ended September 30, 2013
Reserve, beginning of period	$	787	$	633	Pending claims, beginning of period	$	6,335	$	5,357
Provision		18		172	New claims		-		978
Claim resolutions/ rescissions		(5)		(5)	Claim resolutions/ rescissions		(24)		(24)
Reserve, end of period	$	800	$	800	Pending claims, end of period	$	6,311	$	6,311

XML

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Assets and liabilities at fair value

									Netting
(In millions)	Level 1		(a)	Level 2		(a)	Level 3		adjustment		(b)	Net balance
September 30, 2013
Assets
Investment securities
Debt
U.S. corporate	$	-		$	19,091		$	3,298	$	-		$	22,389
State and municipal		-			4,150			94		-			4,244
Residential mortgage-backed		-			1,943			88		-			2,031
Commercial mortgage-backed		-			3,011			14		-			3,025
Asset-backed(c)		-			541			5,938		-			6,479
Corporate – non-U.S.		63			796			1,053		-			1,912
Government – non-U.S.		1,613			803			33		-			2,449
U.S. government and federal agency		-			639			212		-			851
Retained interests		-			-			78		-			78
Equity
Available-for-sale		245			31			11		-			287
Trading		150			2			-		-			152
Derivatives(d)		-			7,157			185		(5,875)			1,467
Other(e)		-			-			718		-			718
Total	$	2,071		$	38,164		$	11,722	$	(5,875)		$	46,082
Liabilities
Derivatives	$	-		$	5,198		$	22	$	(4,437)		$	783
Other(f)		-			1,036			-		-			1,036
Total	$	-		$	6,234		$	22	$	(4,437)		$	1,819
December 31, 2012
Assets
Investment securities
Debt
U.S. corporate	$	-		$	20,580		$	3,591	$	-		$	24,171
State and municipal		-			4,469			77		-			4,546
Residential mortgage-backed		-			2,162			100		-			2,262
Commercial mortgage-backed		-			3,088			6		-			3,094
Asset-backed(c)		-			715			5,023		-			5,738
Corporate – non-U.S.		71			1,132			1,218		-			2,421
Government – non-U.S.		702			1,019			42		-			1,763
U.S. government and federal agency		-			3,288			277		-			3,565
Retained interests		-			-			83		-			83
Equity
Available-for-sale		590			16			13		-			619
Trading		248			-			-		-			248
Derivatives(d)		-			11,432			434		(7,926)			3,940
Other(e)		35			-			799		-			834
Total	$	1,646		$	47,901		$	11,663	$	(7,926)		$	53,284
Liabilities
Derivatives	$	-		$	3,434		$	20	$	(3,177)		$	277
Other(f)		-			908			-		-			908
Total	$	-		$	4,342		$	20	$	(3,177)		$	1,185

(a)The fair value ofsecurities transferred between Level 1 and Level 2was $2 million in the nine months ended September 30, 2013.

(b)       The netting of derivative receivables and payables (including the effects of any collateral posted or received) is permitted when a legally enforceable master netting agreement exists.

(c)Includes investments in our CLL business in asset-backed securities collateralized by senior secured loans of high-quality, middle-market companies in a variety of industries.

(d)The fair value of derivatives included an adjustment for non-performance risk. The cumulative adjustment was a gain (loss)of $(6) million and $(15) million at September 30, 2013 and December 31, 2012, respectively. See Note 16 for additional information on the composition of our derivative portfolio.

(e)       Included private equity investments and loans designated under the fair value option.

(f)       Primarily represented the liability associated with certain of our deferred incentive compensation plans.

Changes in level 3 instruments

Changes in Level 3 Instruments for the Three Months Ended September 30, 2013
																						Net
(In millions)																						change in
						Net realized/																unrealized
			Net			unrealized																gains
			realized/			gains (losses)																(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	July 1,		included			comprehensive								into			out of			September 30,		September 30,
	2013		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2013		2013		(c)
Investment securities
Debt
U.S. corporate	$	3,229	$	24		$	(32)	$	160	$	(34)	$	(49)	$	-		$	-		$	3,298	$	-
State and municipal		98		-			(4)		4		-		(4)		-			-			94		-
Residential
mortgage-backed		91		-			(2)		-		-		(1)		-			-			88		-
Commercial
mortgage-backed		5		-			-		-		-		(1)		10			-			14		-
Asset-backed		5,346		1			36		569		-		(14)		-			-			5,938		-
Corporate – non-U.S.		1,197		(29)			(2)		1,827		-		(1,930)		-			(10)			1,053		-
Government
– non-U.S.		38		1			(6)		-		-		-		-			-			33		-
U.S. government and
federal agency		264		-			(52)		-		-		-		-			-			212		-
Retained interests		93		-			(11)		-		-		(4)		-			-			78		-
Equity
Available-for-sale		10		-			-		-		-		-		1			-			11		-
Derivatives(d)(e)		167		1			1		(1)		-		2		2			(1)			171		13
Other		854		16			(1)		148		(295)		-		-			(4)			718		(34)
Total	$	11,392	$	14		$	(73)	$	2,707	$	(329)	$	(2,001)	$	13		$	(15)		$	11,708	$	(21)

(a)       Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.

(b)       Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.

(c)       Represented the amount of unrealized gains or losses for the period included in earnings.

(d)       Represented derivative assets net of derivative liabilities and included cash accruals of $8 million not reflected in the fair value hierarchy table.

(e)       Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

Changes in Level 3 Instruments for the Three Months Ended September 30, 2012
																						Net
(In millions)																						change in
						Net realized/																unrealized
			Net			unrealized																gains
			realized/			gains (losses)																(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	July 1,		included			comprehensive								into			out of			September 30,		September 30,
	2012		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2012		2012		(c)
Investment securities
Debt
U.S. corporate	$	3,372	$	10		$	32	$	71	$	(34)	$	(16)	$	144		$	-		$	3,579	$	-
State and municipal		81		-			8		12		-		(1)		78			(25)			153		-
Residential
mortgage-backed		97		-			(2)		1		-		-		5			(67)			34		-
Commercial
mortgage-backed		-		-			-		-		-		-		6			-			6		-
Asset-backed		4,304		(3)			90		483		(58)		5		4			(6)			4,819		-
Corporate – non-U.S.		1,363		(7)			20		18		(30)		(59)		-			(10)			1,295		-
Government
– non-U.S.		51		-			2		-		-		(12)		-			-			41		-
U.S. government and
federal agency		261		-			6		-		-		-		-			-			267		-
Retained interests		31		1			-		3		(3)		(3)		-			-			29		-
Equity
Available-for-sale		14		-			-		-		-		(1)		1			(3)			11		-
Derivatives(d)(e)		348		41			-		(8)		3		(25)		-			(1)			358		40
Other		785		(7)			9		52		(58)		-		-			-			781		(10)
Total	$	10,707	$	35		$	165	$	632	$	(180)	$	(112)	$	238		$	(112)		$	11,373	$	30

• Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.
• Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.
• Represented the amount of unrealized gains or losses for the period included in earnings.
• Represented derivative assets net of derivative liabilities and included cash accruals of $4 million not reflected in the fair value hierarchy table.
• Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

Changes in Level 3 Instruments for the Nine Months Ended September 30, 2013
						Net																Net
(In millions)						realized/																change in
						unrealized																unrealized
			Net			gains																gains
			realized/				(losses)															(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	January 1,		included			comprehensive								into			out of			September 30,		September 30,
	2013		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2013		2013		(c)
Investment securities
Debt
U.S. corporate	$	3,591	$	(247)		$	184	$	257	$	(383)	$	(139)	$	108		$	(73)		$	3,298	$	-
State and municipal		77		-			(8)		20		-		(5)		10			-			94		-
Residential
mortgage-backed		100		-			(4)		-		(2)		(6)		-			-			88		-
Commercial
mortgage-backed		6		-			-		-		-		(2)		10			-			14		-
Asset-backed		5,023		3			(32)		1,479		(1)		(539)		12			(7)			5,938		-
Corporate
– non-U.S.		1,218		(112)			18		4,637		(3)		(4,672)		21			(54)			1,053		-
Government
– non-U.S.		42		1			(10)		-		-		-		-			-			33		-
U.S. government and
federal agency		277		-			(65)		-		-		-		-			-			212		-
Retained interests		83		5			5		2		-		(17)		-			-			78		-
Equity
Available-for-sale		13		-			-		-		-		-		-			(2)			11		-
Derivatives(d)(e)		416		(52)			2		(2)		-		(221)		28			-			171		(30)
Other		799		(81)			3		352		(351)		-		-			(4)			718		(121)
Total	$	11,645	$	(483)		$	93	$	6,745	$	(740)	$	(5,601)	$	189		$	(140)		$	11,708	$	(151)

• Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.
• Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.
• Represented the amount of unrealized gains or losses for the period included in earnings.
• Represented derivative assets net of derivative liabilities and included cash accruals of $8 million not reflected in the fair value hierarchy table.
• Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

Changes in Level 3 Instruments for the Nine Months Ended September 30, 2012
						Net																Net
(In millions)						realized/																change in
						unrealized																unrealized
			Net			gains																gains
			realized/				(losses)															(losses)
			unrealized			included in																relating to
	Balance		gains			accumulated														Balance		instruments
	at		(losses)			other								Transfers			Transfers			at		still held at
	January 1,		included			comprehensive								into			out of			September 30,		September 30,
	2012		in earnings		(a)	income		Purchases		Sales		Settlements		Level 3		(b)	Level 3		(b)	2012		2012		(c)
Investment securities
Debt
U.S. corporate	$	3,235	$	69		$	(2)	$	203	$	(105)	$	(63)	$	260		$	(18)		$	3,579	$	-
State and municipal		77		-			11		13		-		(1)		78			(25)			153		-
Residential
mortgage-backed		41		(3)			1		1		-		(3)		74			(77)			34		-
Commercial
mortgage-backed		4		-			-		-		(1)		-		6			(3)			6		-
Asset-backed		4,040		-			43		881		(164)		5		20			(6)			4,819		-
Corporate
– non-U.S.		1,204		(19)			17		334		(30)		(137)		23			(97)			1,295		-
Government
– non-U.S.		84		(34)			37		65		(72)		(39)		-			-			41		-
U.S. government and
federal agency		253		-			14		-		-		-		-			-			267		-
Retained interests		35		1			(8)		12		(6)		(5)		-			-			29		-
Equity
Available-for-sale		17		-			(2)		3		(4)		(1)		1			(3)			11		-
Derivatives(d)(e)		369		71			(1)		13		-		(43)		(1)			(50)			358		68
Other		817		25			(4)		93		(100)		-		-			(50)			781		24
Total	$	10,176	$	110		$	106	$	1,618	$	(482)	$	(287)	$	461		$	(329)		$	11,373	$	92

• Earnings effects are primarily included in the “GECC revenues from services” and “Interest and other financial charges” captions in the Condensed Statement of Earnings.
• Transfers in and out of Level 3 are considered to occur at the beginning of the period. Transfers out of Level 3 were a result of increased use of quotes from independent pricing vendors based on recent trading activity.
• Represented the amount of unrealized gains or losses for the period included in earnings.
• Represented derivative assets net of derivative liabilities and included cash accruals of $4 million not reflected in the fair value hierarchy table.
• Gains (losses) included in net realized/unrealized gains (losses) included in earnings were offset by the earnings effects from the underlying items that were economically hedged. See Note 16.

Non-recurring fair value amounts (as measured at the time of the adjustment) for those assets remeasured to fair value on a non-recurring basis

	Remeasured during				Remeasured during
	the nine months ended				the year ended
	September 30, 2013				December 31, 2012
(In millions)	Level 2		Level 3		Level 2		Level 3
Financing receivables and loans held for sale	$	148	$	2,693	$	366	$	4,094
Cost and equity method investments(a)		1		954		8		313
Long-lived assets, including real estate		946		2,126		702		2,182
Total	$	1,095	$	5,773	$	1,076	$	6,589

(a)       Includes the fair value of private equity and real estate funds included in Level 3 of $72 million and $84 million at September 30, 2013 and December 31, 2012, respectively.

Fair value adjustments to assets measured on a non-recurring basis

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Financing receivables and loans held for sale	$	(107)	$	(225)	$	(257)	$	(411)
Cost and equity method investments(a)		(45)		(50)		(276)		(105)
Long-lived assets, including real estate(b)		(366)		(451)		(855)		(650)
Total	$	(518)	$	(726)	$	(1,388)	$	(1,166)

(a)       Includes fair value adjustments associated with private equity and real estate funds of $(4) million and $(1)million in the three months ended September 30, 2013 and 2012, respectively, and $(11) million and $(3)million in the ninemonths ended September 30, 2013 and 2012, respectively.

(b)       Includes impairments related to real estate equity properties and investments recorded in other costs and expenses of $12 million and $71million in the three months ended September 30, 2013 and 2012, respectively, and $226 million and $126 million in the nine months ended September 30, 2013 and 2012, respectively.

Significant Unobservable Inputs Used For Level Three Recurring And Nonrecurring Measurements [Table Text Block]

	Fair value at				Range
	September 30,		Valuation	Unobservable	(weighted
(Dollars in millions)	2013		technique	inputs	average)
Recurring fair value measurements
Investment securities
Debt
U.S. corporate	$	1,249	Income approach	Discount rate(a)	1.5%-38.0% (14.6%)
Asset-backed		5,888	Income approach	Discount rate(a)	1.5%-10.5% (4.1%)
Corporate – non-U.S.		747	Income approach	Discount rate(a)	0.8%-30.6% (14.0%)
Other financial assets		579	Income approach, Market comparables	Weighted average cost of capital	8.9%-9.2% (9.2%)
				EBITDA multiple	5.6X-8.2X (5.8X)
				Discount rate(a)	4.7%-5.5% (5.2%)
				Capitalization rate(b)	6.3%-7.5% (7.2%)
Non-recurring fair value measurements
Financing receivables and loans held for sale	$	1,915	Income approach, Business enterprise value	Capitalization rate(b)	5.5%-16.7% (8.0%)
				EBITDA multiple	4.3X-7.0X (5.8X)
Cost and equity method investments		387	Income approach	Discount rate(a)	11.5%-11.5% (11.5%)
				Discount for lack	5.7%-5.9% (5.8%)
				of marketability
				Capitalization rate(b)	8.5%-10.6% (10.2%)
Long-lived assets, including real estate		622	Income approach	Capitalization rate(b)	5.4%-14.5% (8.3%)
	Fair value at				Range
	December 31,		Valuation	Unobservable	(weighted
	2012		technique	inputs	average)
Recurring fair value measurements
Investment securities
Debt
U.S. corporate	$	1,652	Income approach	Discount rate(a)	1.3%-29.9% (11.1%)
Asset-backed		4,977	Income approach	Discount rate(a)	2.1%-13.1% (3.8%)
Corporate – non-U.S.		865	Income approach	Discount rate(a)	1.5%-25.0% (13.2%)
Other financial assets		633	Income approach, Market comparables	Weighted average cost of capital	8.7%-10.2% (8.7%)
				EBITDA multiple	4.9X-10.6X (7.9X)
Non-recurring fair value measurements
Financing receivables and loans held for sale	$	2,835	Income approach, Business enterprise value	Capitalization rate(b)	3.8%-14.0% (8.0%)
				EBITDA multiple	2.0X-6.0X (4.8X)
Cost and equity method investments		72	Income approach	Capitalization rate(b)	9.2%-12.8% (12.0%)
Long-lived assets, including real estate		985	Income approach	Capitalization rate(b)	4.8%-14.6% (7.3%)

• Discount rates are determined based on inputs that market participants would use when pricing investments, including credit and liquidity risk. An increase in the discount rate would result in a decrease in the fair value.
• Represents the rate of return on net operating income that is considered acceptable for an investor and is used to determine a property's capitalized value. An increase in the capitalization rate would result in a decrease in the fair value.

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GECC Borrowings and Bank Deposits

9 Months Ended

Sep. 30, 2013

Debt Disclosure [Abstract]

GECC Borrowings and Bank Deposits

8. BORROWINGS AND BANK DEPOSITS

	At
	September 30,		December 31,
(In millions)	2013		2012
Short-term borrowings
GE
Commercial paper	$	300	$	352
Payable to banks		218		23
Current portion of long-term borrowings		73		5,068
Other		511		598
Total GE short-term borrowings		1,102		6,041
GECC
Commercial paper
U.S.		27,360		33,686
Non-U.S.		5,671		9,370
Current portion of long-term borrowings(a)(b)		38,065		44,264
GE Interest Plus notes(c)		8,482		8,189
Other(b)		252		431
Total GECC short-term borrowings		79,830		95,940
Eliminations		(436)		(589)
Total short-term borrowings	$	80,496	$	101,392
Long-term borrowings
GE
Senior notes	$	10,967	$	10,963
Payable to banks, principally U.S.		73		13
Other		453		452
Total GE long-term borrowings		11,493		11,428
GECC
Senior unsecured notes(a)		191,118		199,646
Subordinated notes(d)		4,787		4,965
Subordinated debentures(e)		7,312		7,286
Other(b)		12,286		12,879
Total GECC long-term borrowings		215,503		224,776
Eliminations		(124)		(120)
Total long-term borrowings	$	226,872	$	236,084
Non-recourse borrowings of consolidated securitization entities(f)	$	29,966	$	30,123
Bank deposits(g)	$	50,761	$	46,461
Total borrowings and bank deposits	$	388,095	$	414,060

(a)       Included in total long-term borrowings were $526 million and $604millionof obligations to holders of GICs at September 30, 2013 and December 31, 2012, respectively. These obligations included conditions under which certain GIC holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3. The remaining outstanding GICs will continue to be subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC's ratings, among other things.

(b)       Included $9,855 million and $9,757million of funding secured by real estate, aircraft and other collateral at September 30, 2013 and December 31, 2012, respectively, of which $3,808 million and $3,294 million is non-recourse to GECC at September 30, 2013 and December 31, 2012, respectively.

(c)       Entirely variable denomination floating-rate demand notes.

(d)Included $300 million of subordinated notes guaranteed by GE at both September 30, 2013 and December 31, 2012.

(e)Subordinated debentures receive rating agency equity credit and were hedged at issuance to the U.S. dollar equivalent of $7,725 million.

(f)       Included at September 30, 2013 and December 31, 2012, were $7,099 million and $7,707million of current portion of long-term borrowings, respectively, and $22,867 million and $22,416 million of long-term borrowings, respectively. See Note 18.

(g)       Included $15,847 million and $16,157 million of deposits in non-U.S. banks at September 30, 2013 and December 31, 2012, respectively, and $16,557 million and $17,291 million of certificates of deposits with maturities greater than one year at September 30, 2013 and December 31, 2012, respectively.

In the first quarter of 2013, we repaid $5,000million of 5% GE senior unsecured notes.

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Variable Interest Entities (Unconsolidated Variable Interest Entities) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Variable Interest Entity [Line Items]
Financing receivables	$ 243,835	$ 258,028
Long-term Debt and Capital Lease Obligations	226,872	236,084
Unconsolidated VIEs [Member]
Variable Interest Entity [Line Items]
Real Estate Investments, Net	2,282
Debt Investment Fund	6,263
Factored Receivables	2,382
PTL [Member]
Variable Interest Entity [Line Items]
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	855
Long-term Debt and Capital Lease Obligations	700
Total [Member] | Investment in Unconsolidated VIEs [Member]
Variable Interest Entity [Line Items]
Other assets and investment securities	8,340	10,027
Financing receivables	2,736	2,654
Total investment	11,076	12,681
Contractual obligations to fund new investments or guarantees	2,742	2,608
Revolving lines of credit	26	41
Total	$ 13,844	$ 15,330

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Fair Value Measurements (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	$ 43,897	$ 48,510
Domestic Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Domestic Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	19,091	20,580
Domestic Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	3,298	3,591
Domestic Corporate Debt Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Domestic Corporate Debt Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	22,389	24,171
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	3,011	3,088
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	14	6
Commercial Mortgage Backed Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Commercial Mortgage Backed Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	3,025	3,094
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	4,150	4,469
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	94	77
US States and Political Subdivisions Debt Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
US States and Political Subdivisions Debt Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	4,244	4,546
Foreign Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	63	71
Foreign Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	796	1,132
Foreign Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,053	1,218
Foreign Corporate Debt Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Foreign Corporate Debt Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,912	2,421
Asset-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	541	715
Asset-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	5,938	5,023
Asset-backed Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Asset-backed Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	6,479	5,738
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,613	702
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	803	1,019
Foreign Government Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	33	42
Foreign Government Debt Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Foreign Government Debt Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	2,449	1,763
US Treasury and Government [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
US Treasury and Government [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	639	3,288
US Treasury and Government [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	212	277
US Treasury and Government [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
US Treasury and Government [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	851	3,565
Retained Interest [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Retained Interest [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Retained Interest [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	78	83
Retained Interest [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Retained Interest [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	78	83
Available-for-sale Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	245	590
Available-for-sale Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	31	16
Available-for-sale Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	11	13
Available-for-sale Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Available-for-sale Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	287	619
Trading [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	150	248
Trading [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	2	0
Trading [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Trading [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Trading [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	152	248
Derivatives [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Derivatives [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	7,157	11,432
Derivative liabilities	5,198	3,434
Derivatives [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	185	434
Derivative liabilities	22	20
Derivatives [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	(5,875)	(7,926)
Derivative liabilities	(4,437)	(3,177)
Derivatives [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Derivative assets	1,467	3,940
Derivative liabilities	783	277
Other 1 [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	0	35
Other Liabilities	0	0
Other 1 [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	0	0
Other Liabilities	1,036	908
Other 1 [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	718	799
Other Liabilities	0	0
Other 1 [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	0	0
Other Liabilities	0	0
Other 1 [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Other Assets	718	834
Other Liabilities	1,036	908
Total [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	2,071	1,646
Total Liabilities	0	0
Total [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	38,164	47,901
Total Liabilities	6,234	4,342
Total [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	11,722	11,663
Total Liabilities	22	20
Total [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	(5,875)	(7,926)
Total Liabilities	(4,437)	(3,177)
Total [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Total Assets	46,082	53,284
Total Liabilities	1,819	1,185
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,943	2,162
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	88	100
Residential Mortgage Backed Securities [Member] | Netting Adjustment Including Collateral [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Residential Mortgage Backed Securities [Member] | Net Balance [Member]
Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	$ 2,031	$ 2,262

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Inventories

9 Months Ended

Sep. 30, 2013

Inventory, Net [Abstract]

Inventories

4. INVENTORIES

	At
	September 30,		December 31,
(In millions)	2013		2012
Raw materials and work in process	$	10,642	$	9,295
Finished goods		6,974		6,099
Unbilled shipments		678		378
		18,294		15,772
Less revaluation to LIFO		(351)		(398)
Total	$	17,943	$	15,374

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Condensed Statement of Cash Flows (Unaudited) (USD $) In Millions, unless otherwise specified	9 Months Ended				12 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Dec. 31, 2012
Cash flows - operating activities
Net earnings	$ 9,991		$ 9,718
Less net earnings (loss) attributable to noncontrolling interests	140		88
Net earnings (loss) attributable to the Company	9,851		9,630
(Earnings) loss from discontinued operations, net of taxes	313		709
Adjustments to reconcile net earnings attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment	7,155		6,699
Earnings from continuing operations retained by GECC(b)	0	[1]	0	[1]
Deferred income taxes	(2,051)		(1,555)
Decrease (increase) in GE current receivables	196		114
Decrease (increase) in inventories	(1,795)		(1,949)
Increase (decrease) in accounts payable	977		221
Increase (decrease) in GE progress collections	918		(1,015)
Provision for losses on GECC financing receivables	3,338		2,728
All other operating activities	(1,634)		4,354
Cash from (used for) operating activities - continuing operations	17,268		19,936
Cash from (used for) operating activities - discontinued operations	(106)		142
Cash from (used for) operating activities	17,162		20,078
Cash flows - investing activities
Additions to property, plant and equipment	(10,130)		(10,500)
Dispositions of property, plant and equipment	4,119		4,836
Net decrease (increase) in GECC financing receivables	7,221		9,464
Proceeds from sales of discontinued operations	0		227
Proceeds from principal business dispositions	1,101		293
Proceeds from sales of associated companies	16,699		0
Net cash from (payments for) principal businesses purchased	(1,617)		(604)
All other investing activities	14,532		8,971
Cash from (used for) investing activities - continuing operations	31,925		12,687
Cash from (used for) investing activities - discontinued operations	97		(152)
Cash from (used for) investing activities	32,022		12,535
Cash flows - financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	(9,949)		(660)
Net increase (decrease) in bank deposits	(2,222)		1,195
Newly issued debt (maturities longer than 90 days)	41,456		43,468
Repayments and other reductions (maturities longer than 90 days)	(55,451)		(70,405)
Proceeds from issuance of preferred stock	990		3,960		3,960
Net dispositions (purchases) of GE shares for treasury	(7,496)		(2,280)
Dividends paid to shareowners	(5,895)		(5,401)
All other financing activities	(445)		(2,783)
Cash from (used for) financing activities - continuing operations	(39,012)		(32,906)
Cash from (used for) financing activities - discontinued operations	15		0
Cash from (used for) financing activities	(38,997)		(32,906)
Effect of currency exchange rate changes on cash and equivalents	(1,038)		1,243
Increase (decrease) in cash and equivalents	9,149		950
Cash and equivalents at beginning of year	77,459		84,622		84,622
Cash and equivalents at September 30	86,608		85,572		77,459
Less cash and equivalents of discontinued operations at September 30	108		110
Cash and equivalents of continuing operations at September 30	86,500		85,462		77,357
Subsidiaries [Member]
Cash flows - operating activities
Net earnings	9,953	[2]	9,672	[2]
Less net earnings (loss) attributable to noncontrolling interests	102	[2]	42	[2]
Net earnings (loss) attributable to the Company	9,851	[2]	9,630	[2]
(Earnings) loss from discontinued operations, net of taxes	313	[2]	709	[2]
Adjustments to reconcile net earnings attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment	1,783	[2]	1,677	[2]
Earnings from continuing operations retained by GECC(b)	(1,797)	[1],[2]	(123)	[1],[2]
Deferred income taxes	(2,568)	[2]	(605)	[2]
Decrease (increase) in GE current receivables	(1,262)	[2]	345	[2]
Decrease (increase) in inventories	(1,759)	[2]	(1,895)	[2]
Increase (decrease) in accounts payable	574	[2]	299	[2]
Increase (decrease) in GE progress collections	944	[2]	(1,015)	[2]
Provision for losses on GECC financing receivables	0	[2]	0	[2]
All other operating activities	1,749	[2]	1,630	[2]
Cash from (used for) operating activities - continuing operations	7,828	[2]	10,652	[2]
Cash from (used for) operating activities - discontinued operations	(2)	[2]	0	[2]
Cash from (used for) operating activities	7,826	[2]	10,652	[2]
Cash flows - investing activities
Additions to property, plant and equipment	(2,705)	[2]	(2,741)	[2]
Dispositions of property, plant and equipment	0	[2]	0	[2]
Net decrease (increase) in GECC financing receivables	0	[2]	0	[2]
Proceeds from sales of discontinued operations	0	[2]	0	[2]
Proceeds from principal business dispositions	260	[2]	49	[2]
Proceeds from sales of associated companies	16,699	[2]	0	[2]
Net cash from (payments for) principal businesses purchased	(8,001)	[2]	(604)	[2]
All other investing activities	(946)	[2]	(334)	[2]
Cash from (used for) investing activities - continuing operations	5,307	[2]	(3,630)	[2]
Cash from (used for) investing activities - discontinued operations	2	[2]	0	[2]
Cash from (used for) investing activities	5,309	[2]	(3,630)	[2]
Cash flows - financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	(164)	[2]	661	[2]
Net increase (decrease) in bank deposits	0	[2]	0	[2]
Newly issued debt (maturities longer than 90 days)	101	[2]	33	[2]
Repayments and other reductions (maturities longer than 90 days)	(5,051)	[2]	(17)	[2]
Proceeds from issuance of preferred stock	0	[2]	0	[2]
Net dispositions (purchases) of GE shares for treasury	(7,496)	[2]	(2,280)	[2]
Dividends paid to shareowners	(5,895)	[2]	(5,401)	[2]
All other financing activities	115	[2]	(54)	[2]
Cash from (used for) financing activities - continuing operations	(18,390)	[2]	(7,058)	[2]
Cash from (used for) financing activities - discontinued operations	0	[2]	0	[2]
Cash from (used for) financing activities	(18,390)	[2]	(7,058)	[2]
Effect of currency exchange rate changes on cash and equivalents	(52)	[2]	16	[2]
Increase (decrease) in cash and equivalents	(5,307)	[2]	(20)	[2]
Cash and equivalents at beginning of year	15,509	[2]	8,382	[2]	8,382	[2]
Cash and equivalents at September 30	10,202	[2]	8,362	[2]
Less cash and equivalents of discontinued operations at September 30	0	[2]	0	[2]
Cash and equivalents of continuing operations at September 30	10,202	[2]	8,362	[2]	15,509	[2]
Subsidiaries GECC [Member]
Cash flows - operating activities
Net earnings	5,469		4,758
Less net earnings (loss) attributable to noncontrolling interests	38		46
Net earnings (loss) attributable to the Company	5,431		4,712
(Earnings) loss from discontinued operations, net of taxes	313		857
Adjustments to reconcile net earnings attributable to the Company to cash provided from operating activities
Depreciation and amortization of property, plant and equipment	5,372		5,022
Earnings from continuing operations retained by GECC(b)	0	[1]	0	[1]
Deferred income taxes	517		(950)
Decrease (increase) in GE current receivables	0		0
Decrease (increase) in inventories	0		(22)
Increase (decrease) in accounts payable	747		(310)
Increase (decrease) in GE progress collections	0		0
Provision for losses on GECC financing receivables	3,338		2,728
All other operating activities	(3,852)		2,853
Cash from (used for) operating activities - continuing operations	11,866		14,890
Cash from (used for) operating activities - discontinued operations	(104)		142
Cash from (used for) operating activities	11,762		15,032
Cash flows - investing activities
Additions to property, plant and equipment	(7,582)		(8,098)
Dispositions of property, plant and equipment	4,119		4,836
Net decrease (increase) in GECC financing receivables	8,495		9,521
Proceeds from sales of discontinued operations	0		227
Proceeds from principal business dispositions	841		244
Proceeds from sales of associated companies	0		0
Net cash from (payments for) principal businesses purchased	6,384		0
All other investing activities	15,916		9,519
Cash from (used for) investing activities - continuing operations	28,173		16,249
Cash from (used for) investing activities - discontinued operations	95		(152)
Cash from (used for) investing activities	28,268		16,097
Cash flows - financing activities
Net increase (decrease) in borrowings (maturities of 90 days or less)	(9,917)		(1,209)
Net increase (decrease) in bank deposits	(2,222)		1,195
Newly issued debt (maturities longer than 90 days)	41,355		43,215
Repayments and other reductions (maturities longer than 90 days)	(50,396)		(70,388)
Proceeds from issuance of preferred stock	990		3,960
Net dispositions (purchases) of GE shares for treasury	0		0
Dividends paid to shareowners	(4,082)		(5,446)
All other financing activities	(425)		(2,729)
Cash from (used for) financing activities - continuing operations	(24,697)		(31,402)
Cash from (used for) financing activities - discontinued operations	15		0
Cash from (used for) financing activities	(24,682)		(31,402)
Effect of currency exchange rate changes on cash and equivalents	(986)		1,227
Increase (decrease) in cash and equivalents	14,362		954
Cash and equivalents at beginning of year	62,044		76,823		76,823
Cash and equivalents at September 30	76,406		77,777
Less cash and equivalents of discontinued operations at September 30	108		110
Cash and equivalents of continuing operations at September 30	$ 76,298		$ 77,667		$ 61,942

[1] (b) Represents GECC earnings from continuing operations attributable to the Company, net of GECC dividends paid to GE.

[2] (a) Represents the adding together of all affiliated companies except General Electric Capital Corporation (GECC or Financial Services), which is presented on a one-line basis.

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Variable Interest Entities (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended			9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012	Sep. 30, 2013		Sep. 30, 2012	Dec. 31, 2012
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets	$ 661,438	[1]		$ 661,438	[1]		$ 685,403	[1]
Liabilities	532,393	[1]		532,393	[1]		556,933	[1]
Total revenues of consolidated VIEs	35,725		36,254	105,858		107,731
Provision for Loan and Lease Losses	821		1,122	3,338		2,728
Interest And Other Financial Charges	2,462		2,972	7,700		9,521
Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	41,151			41,151			40,916
Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	4,148			4,148			4,486
Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	3,281			3,281			3,034
Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	48,580			48,580			48,436
Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	654			654			711
Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	28,416			28,416			29,123
Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	3,422			3,422			3,036
Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	32,492			32,492			32,870
Consolidated Variable Interest Entities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Total revenues of consolidated VIEs	1,950		1,707	5,598		5,065
Provision for Loan and Lease Losses	175		414	764		784
Interest And Other Financial Charges	85		97	270		344
Power Generating Activities Entity [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	774			774
Liabilities VIE	0			0
Industrial Equipment Joint Venture [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	1,502			1,502
Liabilities VIE	758			758
Insurance Entities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	1,188			1,188
Liabilities VIE	571			571
Subsidiaries GECC [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets	515,049	[1]		515,049	[1]		533,351	[1]
Liabilities	430,396	[1]		430,396	[1]		450,754	[1]
Total revenues of consolidated VIEs	10,670		11,274	33,185		33,968
Provision for Loan and Lease Losses	821		1,122	3,338		2,728
Interest And Other Financial Charges	2,241		2,798	7,046		8,962
Trinity [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0			0
Trinity [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	3,095			3,095			3,435
Trinity [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	120			120			217
Trinity [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	3,215			3,215			3,652
Trinity [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0			0
Trinity [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0			0
Trinity [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	1,531			1,531			1,656
Trinity [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	1,531			1,531			1,656
Trinity [Member] | Subsidiaries GECC [Member] | Consolidated Variable Interest Entities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Intercompany Advances Eliminated In Consolidation	2,015			2,015			2,441
Consolidated Securitization Entities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Commingled cash amounts owed to CSEs	6,351			6,351			6,225
Commingled cash receivable from CSEs	6,261			6,261			6,143
Other 1 [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,023			2,023			1,952
Other 1 [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	1,053			1,053			1,051
Other 1 [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,524			2,524			2,428
Other 1 [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	5,600			5,600			5,431
Other 1 [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	654			654			711
Other 1 [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	50			50			54
Other 1 [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	1,343			1,343			1,215
Other 1 [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	2,047			2,047			1,980
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	23,895			23,895			24,169
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0			0
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	22			22			29
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	23,917			23,917			24,198
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0			0
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	15,396			15,396			17,208
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	227			227			146
Credit Card Receivable [Member] | Consolidated Securitization Entities [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	15,623			15,623			17,354
Equipment [Member] | Consolidated Securitization Entities [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	12,934			12,934			12,456
Equipment [Member] | Consolidated Securitization Entities [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0			0
Equipment [Member] | Consolidated Securitization Entities [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	615			615			360
Equipment [Member] | Consolidated Securitization Entities [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	13,549			13,549			12,816
Equipment [Member] | Consolidated Securitization Entities [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0			0
Equipment [Member] | Consolidated Securitization Entities [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	11,068			11,068			9,811
Equipment [Member] | Consolidated Securitization Entities [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	300			300			11
Equipment [Member] | Consolidated Securitization Entities [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	11,368			11,368			9,822
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Loans and Finance Receivables [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,299			2,299			2,339
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Investment Securities [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0			0
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Assets Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	0			0			0
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Assets, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Assets VIE	2,299			2,299			2,339
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	0			0			0
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Nonrecourse Borrowings [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	1,902			1,902			2,050
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Liabilities Other [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	21			21			8
Trade Accounts Receivable [Member] | Consolidated Securitization Entities [Member] | Liabilities, Total [Member]
Assets And Liabilities Of Consolidated VIEs [Line Items]
Liabilities VIE	$ 1,923			$ 1,923			$ 2,058

[1] (b) Our consolidated assets at September 30, 2013 include total assets of $46,748 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $40,398 million and investment securities of $4,148 million. Our consolidated liabilities at September 30, 2013 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $28,416 million. See Note 18.

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Investment Securities (Parenthetical) (Details) (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Investment [Line Items]
Investment securities	$ 43,897	$ 48,510
OTTI previously recognized through OCI on securities held, gross unrealized losses	131
Residential Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
Investment [Line Items]
Investment securities	745
Residential Mortgage Backed Securities [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investment [Line Items]
Investment securities	$ 1,286

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Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Narative, Financial Information and NBCU) (Details) (USD $) In Millions, unless otherwise specified	9 Months Ended			0 Months Ended			0 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Oct. 02, 2012 Business Property [Member]	Mar. 19, 2013 NBCU LLC [Member]	Mar. 19, 2013 NBCU LLC [Member] Commercial Real Estate Portfolio Segment [Member]	Jul. 15, 2013 Portugal Consumer Auto Personal Loan [Member]	Sep. 30, 2013 Cash and Cash Equivalents [Member]	Dec. 31, 2012 Cash and Cash Equivalents [Member]	Sep. 30, 2013 Loans and Finance Receivables [Member]	Dec. 31, 2012 Loans and Finance Receivables [Member]	Sep. 30, 2013 Property, Plant and Equipment, Net [Member]	Dec. 31, 2012 Property, Plant and Equipment, Net [Member]	Sep. 30, 2013 Other Intangible Assets [Member]	Dec. 31, 2012 Other Intangible Assets [Member]	Sep. 30, 2013 Other 1 [Member]	Dec. 31, 2012 Other 1 [Member]	Sep. 30, 2013 Short-term Debt [Member]	Dec. 31, 2012 Short-term Debt [Member]	Sep. 30, 2013 Liabilities Other [Member]	Dec. 31, 2012 Liabilities Other [Member]
Financial Information For Businesses Held For Sale [Line Items]
Proceeds from Sale of Real Estate Held-for-investment					$ 1,430
Summarized financial information for business held for sale
Assets Held-for-sale, at Carrying Value	169		211					4	74	0	47	26	31	20	9	119	50
Liabilities of Assets Held-for-sale	42		157															0	138	42	19
Ownership Percentage In Newly Formed Entity					49.00%
Proceeds from Divestiture of Businesses, Net of Cash Divested	0	227		2,406	11,997		83
Guaranteed Debt Included In Sale Of Asset					4,000
Preferred Stock, Value, Issued	0		0		725
Consideration Received For Sale Of Business					16,722
Pre Tax Gain On Sale Of Business					1,096	921
Gain On Sale Of Business Net Of Tax					$ 825	$ 564

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Financial Instruments (Fair value hedges) (Details) (Fair Value Hedges [Member], USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Fair value hedges
Hedge ineffectiveness gain (loss)	$ (40)	$ (113)	$ (60)	$ (300)
Hedge amount excluded from assessment of effectiveness	insignificant amounts	insignificant amounts	insignificant amounts	insignificant amounts
Interest Rate Contract [Member]
Fair value hedges
Gain (loss) on derivatives	(449)	441	(4,295)	1,226
Gain (loss) on hedged items	(410)	552	(4,236)	1,514
Foreign Exchange Contract [Member]
Fair value hedges
Gain (loss) on derivatives	(4)	8	(11)	(103)
Gain (loss) on hedged items	$ (3)	$ 10	$ (10)	$ (91)

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GECC Financing Receivables and Allowance for Losses on Financing Receivables (Tables)

9 Months Ended

Sep. 30, 2013

Loans and Leases Receivable Disclosure [Abstract]

GECC financing receivables

	At
	September 30,		December 31,
(In millions)	2013		2012
Loans, net of deferred income(a)	$	229,639	$	241,465
Investment in financing leases, net of deferred income		29,736		32,471
		259,375		273,936
Less allowance for losses		(5,152)		(4,985)
Financing receivables – net(b)	$	254,223	$	268,951

• Deferred income was $1,963 million and $2,182 million at September 30, 2013 and December 31, 2012, respectively.
• Financing receivables at September 30, 2013 and December 31, 2012 included $582 million and $750 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination.

Financing receivables

	September 30,		December 31,
(In millions)	2013		2012
Commercial
CLL
Americas	$	69,240	$	72,517
Europe(a)		35,529		37,037
Asia		9,573		11,401
Other(a)		468		603
Total CLL		114,810		121,558
Energy Financial Services		4,367		4,851
GE Capital Aviation Services (GECAS)		9,642		10,915
Other		393		486
Total Commercial		129,212		137,810
Real Estate		18,966		20,946
Consumer
Non-U.S. residential mortgages		31,142		33,451
Non-U.S. installment and revolving credit		17,305		18,546
U.S. installment and revolving credit		51,799		50,853
Non-U.S. auto		3,524		4,260
Other		7,427		8,070
Total Consumer		111,197		115,180
Total financing receivables		259,375		273,936
Less allowance for losses		(5,152)		(4,985)
Total financing receivables – net	$	254,223	$	268,951

• During the thirdquarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

Schedule of allowance for losses

Allowance for Losses on Financing Receivables
	Balance at		Provision											Balance at
	January 1,		charged to					Gross						September 30,
(In millions)	2013		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2013
Commercial
CLL
Americas	$	490	$	206	$	(1)		$	(316)		$	91		$	470
Europe		445		205		-			(369)			61			342
Asia		80		60		(9)			(65)			9			75
Other		6		(3)		-			(3)			-			-
Total CLL		1,021		468		(10)			(753)			161			887
Energy Financial
Services		9		2		-			-			-			11
GECAS		8		2		-			-			-			10
Other		3		(1)		-			(2)			2			2
Total Commercial		1,041		471		(10)			(755)			163			910
Real Estate		320		(21)		(5)			(133)			9			170
Consumer
Non-U.S. residential
mortgages		480		137		(2)			(216)			40			439
Non-U.S. installment
and revolving
credit		623		405		(42)			(727)			403			662
U.S. installment and
revolving credit		2,282		2,198		(50)			(2,118)			409			2,721
Non-U.S. auto		67		51		(11)			(96)			56			67
Other		172		97		4			(149)			59			183
Total Consumer		3,624		2,888		(101)			(3,306)			967			4,072
Total	$	4,985	$	3,338	$	(116)		$	(4,194)		$	1,139		$	5,152

• Other primarily included the effects of currency exchange.
• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

	Balance at		Provision											Balance at
	January 1,		charged to					Gross						September 30,
(In millions)	2012		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2012
Commercial
CLL
Americas	$	889	$	67	$	(43)		$	(423)		$	77		$	567
Europe		400		271		(3)			(142)			48			574
Asia		157		13		(1)			(117)			20			72
Other		4		9		(1)			(10)			-			2
Total CLL		1,450		360		(48)			(692)			145			1,215
Energy Financial
Services		26		8		-			(24)			3			13
GECAS		17		7		(1)			(11)			-			12
Other		37		3		(19)			(13)			1			9
Total Commercial		1,530		378		(68)			(740)			149			1,249
Real Estate		1,089		101		(7)			(455)			8			736
Consumer
Non-U.S. residential
mortgages		546		66		5			(213)			63			467
Non-U.S. installment
and revolving credit		717		270		22			(798)			443			654
U.S. installment and
revolving credit		2,008		1,807		(18)			(2,140)			373			2,030
Non-U.S. auto		101		18		(7)			(110)			71			73
Other		199		88		15			(193)			62			171
Total Consumer		3,571		2,249		17			(3,454)			1,012			3,395
Total	$	6,190	$	2,728	$	(58)		$	(4,649)		$	1,169		$	5,380

• Other primarily included transfers to held for sale and the effects of currency exchange.
• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

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Financial Instruments (Derivatives and hedging) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 319,000
Derivative asset, fair value	960	396
Derivative liability, fair value	885	291
Cumulative gain (loss) adjustment for non performance risk	(6)	(15)
Excess Collateralization	24	42
Excess Collateral Posted	11	10
Excess Securities Collateral Held	53	359
Netting Adjustment Including Collateral [Member] | Derivatives [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(5,875)	(7,926)
Derivative liabilities	(4,437)	(3,177)
Recognized In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	8,541	13,549
Derivative liabilities	5,322	3,468
Netting Adjustment [Member] | Amounts Offset In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(3,819)	(2,801)
Derivative liabilities	(3,813)	(2,786)
Cash Collateral [Member] | Amounts Offset In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(2,056)	(5,125)
Derivative liabilities	(624)	(391)
Securities Pledged as Collateral [Member] | Not Offset In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	(1,706)	(5,227)
Derivative liabilities	0	0
Derivatives Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	5,246	9,334
Derivative liabilities	3,226	2,496
Derivatives Not Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	2,096	2,532
Derivative liabilities	1,994	958
Derivatives Associated With Interest Rate, Currency Or Market Risk Reduction Or Elimination [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	275,000
Percentage Of Notional Amount That Is Associated With Reducing Or Eliminating Interest Rate, Currency, Or Market Risk	86.00%
Gross Derivatives [Member] | Recognized In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	7,342	11,866
Derivative liabilities	5,220	3,454
Gross Accrued Interest [Member] | Recognized In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1,199	1,683
Derivative liabilities	102	14
Net Derivative [Member] | Recognized In Statement Of Financial Position [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	2,666	5,623
Derivative liabilities	885	291
Interest Rate Contract [Member] | Derivatives Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	4,339	8,443
Derivative liabilities	1,630	719
Interest Rate Contract [Member] | Derivatives Not Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	304	452
Derivative liabilities	158	195
Foreign Exchange Contract [Member] | Derivatives Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	906	890
Derivative liabilities	1,593	1,777
Foreign Exchange Contract [Member] | Derivatives Not Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1,589	1,797
Derivative liabilities	1,792	691
Other Contract [Member] | Derivatives Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	1	1
Derivative liabilities	3	0
Other Contract [Member] | Derivatives Not Accounted For As Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	203	283
Derivative liabilities	$ 44	$ 72

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Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables (Real Estate) (Details) (Subsidiaries GECC [Member], USD $) In Millions, unless otherwise specified	9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Financing Receivables And Allowance For Losses [Abstract]
Loans and leases receivable, Gross	$ 259,375		$ 273,936
Credit Quality Indicators [Abstract]
Loans and leases receivable, Gross	259,375		273,936
Commercial Real Estate Portfolio Segment [Member]
Financing Receivables And Allowance For Losses [Abstract]
Loans and leases receivable, Gross	18,966		20,946
Non-impaired financing receivables	14,769		15,253
General reserves	87		132
Total impaired loans	4,197		5,693
Allowance for losses (specific reserves)	83		188
Past Due Financing Receivables [Abstract]
Financing Receivable, Recorded Investment, Equal to Greater than 30 Days Past Due	1.40%		2.30%
Financing Receivable, Recorded Investments, Equal to Greater than 90 Days Past Due	1.40%		2.20%
Nonaccrual Financing Receivables [Abstract]
Nonaccrual loans	3,723		4,885
Nonearning financing receivables	357		444
Allowance for losses as a percent of nonaccrual financing receivables	4.60%		6.60%
Allowance for losses as a percent of nonearning financing receivables	47.60%		72.10%
Impaired Loans
Total impaired loans	4,197		5,693
Allowance for losses (specific reserves)	83		188
Average investment during the period	4,968		7,525
Interest income recognized	161	265	329
Interest income recognized on a cash basis	132	183	237
Changes In Loans Modified As Troubled Debt Restructurings	1,357
Loans Modified As Troubled Debt Restructuring That Have Subsequently Experienced Payment Default	282	212
Credit Quality Indicators [Abstract]
Loans and leases receivable, Gross	18,966		20,946
Loan To Value Ratio Of Real Estate Loans Paying In Accordance With Contractual Terms	95.00%
Commercial Real Estate Portfolio Segment [Member] | Troubled Debt Restructuring [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	3,931		5,146
Commercial Real Estate Portfolio Segment [Member] | Nonaccrual Financing Receivables [Member]
Nonaccrual Financing Receivables [Abstract]
Amount of nonaccrual loans currently paying in accordance with contractual terms	3,454		4,461
Commercial Real Estate Portfolio Segment [Member] | No Related Allowance [Member]
Financing Receivables And Allowance For Losses [Abstract]
Total impaired loans	2,793		3,491
Impaired Loans
Total impaired loans	2,793		3,491
Unpaid principal balance	3,149		3,712
Average investment during the period	3,169		3,773
Commercial Real Estate Portfolio Segment [Member] | Related Allowance [Member]
Financing Receivables And Allowance For Losses [Abstract]
Total impaired loans	1,404		2,202
Allowance for losses (specific reserves)	83		188
Impaired Loans
Total impaired loans	1,404		2,202
Unpaid principal balance	1,724		2,807
Allowance for losses (specific reserves)	83		188
Average investment during the period	1,799		3,752
Commercial Real Estate Portfolio Segment [Member] | Modifications Classified As TDRs In Last Twelve Months [Member]
Impaired Loans
Financing Receivable, Modifications, Recorded Investment	2,089	4,606
Commercial Real Estate Portfolio Segment [Member] | Debt Real Estate [Member] | Loan To Value Ratio Less Than 80 Percent [Member]
Financing Receivables And Allowance For Losses [Abstract]
Loans and leases receivable, Gross	14,387		13,570
Credit Quality Indicators [Abstract]
Loans and leases receivable, Gross	14,387		13,570
Commercial Real Estate Portfolio Segment [Member] | Debt Real Estate [Member] | Loan To Value Ratio From 80 To 95 Percent [Member]
Financing Receivables And Allowance For Losses [Abstract]
Loans and leases receivable, Gross	1,221		2,572
Credit Quality Indicators [Abstract]
Loans and leases receivable, Gross	1,221		2,572
Commercial Real Estate Portfolio Segment [Member] | Debt Real Estate [Member] | Loan To Value Ratio Greater Than 95 Percent [Member]
Financing Receivables And Allowance For Losses [Abstract]
Loans and leases receivable, Gross	2,371		3,604
Credit Quality Indicators [Abstract]
Loans and leases receivable, Gross	2,371		3,604
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Credit Tenant [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, High [Member]
Financing Receivables And Allowance For Losses [Abstract]
Loans and leases receivable, Gross	198		219
Credit Quality Indicators [Abstract]
Loans and leases receivable, Gross	198		219
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Credit Tenant [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Medium [Member]
Financing Receivables And Allowance For Losses [Abstract]
Loans and leases receivable, Gross	194		25
Credit Quality Indicators [Abstract]
Loans and leases receivable, Gross	194		25
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Credit Tenant [Member] | Secured Financing Receivables Portfolio [Member] | Risk Level, Low [Member]
Financing Receivables And Allowance For Losses [Abstract]
Loans and leases receivable, Gross	595		956
Credit Quality Indicators [Abstract]
Loans and leases receivable, Gross	$ 595		$ 956

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Postretirement Benefit Plans (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Defined Benefit Plan Disclosure [Line Items]
Disclosure of other pension plans includes pension plans with pension assets or obligations in excess of threshold amount	$ 50		$ 50
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected return on plan assets	(875)	(939)	(2,625)	(2,830)
Service cost for benefits earned	362	356	1,145	1,044
Interest cost on benefit obligation	615	619	1,845	1,858
Prior service cost amortization	62	70	185	210
Net actuarial (gain) loss amortization	916	855	2,748	2,565
Pension plans cost	1,080	961	3,298	2,847
Other Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected return on plan assets	(170)	(155)	(496)	(467)
Service cost for benefits earned	130	98	330	292
Interest cost on benefit obligation	135	128	392	385
Prior service cost amortization	2	1	6	3
Net actuarial (gain) loss amortization	85	69	256	209
Pension plans cost	182	141	488	422
Principal Retiree Health and Life Insurance Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected return on plan assets	(15)	(19)	(45)	(56)
Service cost for benefits earned	43	58	168	168
Interest cost on benefit obligation	101	123	309	381
Prior service cost amortization	98	126	294	418
Net actuarial (gain) loss amortization	(16)	8	(28)	8
Net curtailment / other gain	0	(39)	0	(39)
Pension plans cost	$ 211	$ 257	$ 698	$ 880

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GECC Financing Receivables and Allowance for Losses on Financing Receivables (Net Investment in Financing Leases) (Details) (USD $) In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables - net	$ 243,835	$ 258,028
Subsidiaries GECC [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	259,375	273,936
Less allowance for losses	(5,152)	(4,985)	(5,380)	(6,190)
Financing receivables - net	254,223	268,951
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	129,212	137,810
Less allowance for losses	(910)	(1,041)	(1,249)	(1,530)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	69,240	72,517
Less allowance for losses	(470)	(490)	(567)	(889)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	35,529	37,037
Less allowance for losses	(342)	(445)	(574)	(400)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	9,573	11,401
Less allowance for losses	(75)	(80)	(72)	(157)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	468	603
Less allowance for losses	0	(6)	(2)	(4)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	114,810	121,558
Less allowance for losses	(887)	(1,021)	(1,215)	(1,450)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	4,367	4,851
Less allowance for losses	(11)	(9)	(13)	(26)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	9,642	10,915
Less allowance for losses	(10)	(8)	(12)	(17)
Subsidiaries GECC [Member] | Commercial Portfolio Segment [Member] | Other Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	393	486
Less allowance for losses	(2)	(3)	(9)	(37)
Subsidiaries GECC [Member] | Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	18,966	20,946
Less allowance for losses	(170)	(320)	(736)	(1,089)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	111,197	115,180
Less allowance for losses	(4,072)	(3,624)	(3,395)	(3,571)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Non US residential mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	31,142	33,451
Less allowance for losses	(439)	(480)	(467)	(546)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	17,305	18,546
Less allowance for losses	(662)	(623)	(654)	(717)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | US installment and revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	51,799	50,853
Less allowance for losses	(2,721)	(2,282)	(2,030)	(2,008)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Non US auto [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	3,524	4,260
Less allowance for losses	(67)	(67)	(73)	(101)
Subsidiaries GECC [Member] | Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Net of Deferred Income	7,427	8,070
Less allowance for losses	$ (183)	$ (172)	$ (171)	$ (199)

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Financial Instruments (Cash flow hedges) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Cash Flow Hedge [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Gain (loss) recognized in AOCI	$ 35	$ 237	$ 351	$ 451
Gain (loss) reclassified from AOCI into earnings	25	84	5	86
Pre-tax gain (loss) included in AOCI related to cash flow hedges of forecasted transactions			(380)
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months			272
Gain Loss Related To Hedge Forecasted Transactions And Firm Commitments That Did Not Occur By End Of Originally Specified Period	insignificant gains and losses	insignificant gains and losses	insignificant gains and losses	insignificant gains and losses
Maximum term of hedged forecasted transactions			19	20
Cash Flow Hedge [Member] | Subsidiaries GECC [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Hedge ineffectiveness gain (loss)	(1)	1	0	4
Cash Flow Hedge [Member] | Interest Rate Contract [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Gain (loss) recognized in AOCI	(24)	(68)	(15)	(147)
Gain (loss) reclassified from AOCI into earnings	(88)	(118)	(282)	(384)
Cash Flow Hedge [Member] | Foreign Exchange Contract [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Gain (loss) recognized in AOCI	58	301	372	590
Gain (loss) reclassified from AOCI into earnings	114	203	290	473
Cash Flow Hedge [Member] | Commodity Contract [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Gain (loss) recognized in AOCI	1	4	(6)	8
Gain (loss) reclassified from AOCI into earnings	(1)	(1)	(3)	(3)
Net Investment Hedge [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Hedge ineffectiveness gain (loss)	(161)	(183)	(514)	(663)
Net Investment Hedge [Member] | Foreign Exchange Contract [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Gain (loss) recognized in AOCI	645	(2,939)	3,162	(2,588)
Gain (loss) reclassified from AOCI into earnings	(169)	39	(278)	27
Fair Value Hedges [Member]
Summary Of Cash Flow Hedge Activity [Line Items]
Hedge ineffectiveness gain (loss)	$ (40)	$ (113)	$ (60)	$ (300)

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Income Taxes

9 Months Ended

Sep. 30, 2013

Income Tax Disclosure [Abstract]

Income Taxes

11. INCOME TAXES

The balance of “unrecognized tax benefits,” the amount of related interest and penalties we have provided and what we believe to be the range of reasonably possible changes in the next 12 monthsare:

	At
	September 30,		December 31,
(In millions)	2013		2012
Unrecognized tax benefits	$	5,933	$	5,445
Portion that, if recognized, would reduce tax expense and effective tax rate(a)		4,462		4,032
Accrued interest on unrecognized tax benefits		1,038		961
Accrued penalties on unrecognized tax benefits		154		173
Reasonably possible reduction to the balance of unrecognized tax benefits
in succeeding 12 months		0-1,400		0-800
Portion that, if recognized, would reduce tax expense and effective tax rate(a)		0-800		0-700

(a)       Some portion of such reduction may be reported as discontinued operations.

The Internal Revenue Service (IRS) is currently auditing our consolidated income tax returns for 2008-2009. In addition, certain other U.S. tax deficiency issues and refund claims for previous years were unresolved. The IRS has disallowed the tax loss on our 2003 disposition of ERC Life Reinsurance Corporation. We expect to contest the disallowance of this loss. It is reasonably possible that otherunresolved items related to pre-2010 federal tax returns could be resolved during the next 12 months, which could result in a decrease in our balance of “unrecognized tax benefits” – that is, the aggregate tax effect of differences between tax return positions and the benefits recognized in our financial statements. We believe that there are no other jurisdictions in which the outcome of unresolved issues or claims is likely to be material to our results of operations, financial position or cash flows. We further believe that we have made adequate provision for all income tax uncertainties.

GE and GECC file a consolidated U.S. federal income tax return. This enables GE to use GECC tax deductions and credits to reduce the tax that otherwise would have been payable by GE. The GECC effective tax rate for each period reflects the benefit of these tax reductions in the consolidated return. GE makes cash payments to GECC for these tax reductions at the time GE's tax payments are due. The effect of GECC on the amount of the consolidated tax liability from the 2011 formation of the NBCU joint venture will be settled in cash no later than when GECC tax deductions and credits otherwise would have reduced the liability of the group absent the tax on formation.

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Goodwill and Other Intangibles Assets

9 Months Ended

Sep. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

7. GOODWILL AND OTHER INTANGIBLE ASSETS

	At
	September 30,		December 31,
(In millions)	2013		2012
Goodwill	$	78,024	$	73,175
Other intangible assets - net
Intangible assets subject to amortization	$	14,074	$	11,828
Indefinite-lived intangible assets(a)		152		159
Total	$	14,226	$	11,987

(a)       Indefinite-lived intangible assets principally comprised in-process research and development, trademarks and tradenames.

Changes in goodwill balances follow.

					Dispositions,
	Balance at				currency		Balance at
	January 1,				exchange		September 30,
(In millions)	2013		Acquisitions		and other		2013
Power & Water	$	8,821	$	-	$	(3)	$	8,818
Oil & Gas		8,365		2,240		(75)		10,530
Energy Management		4,610		-		(27)		4,583
Aviation		5,975		3,058		(40)		8,993
Healthcare		16,762		38		(28)		16,772
Transportation		999		-		22		1,021
Home & Business Solutions		611		-		(4)		607
GE Capital		27,032		24		(360)		26,696
Corporate		-		4		-		4
Total	$	73,175	$	5,364	$	(515)	$	78,024

Goodwill balances increased $4,849million during the nine months ended September 30, 2013, primarily as a result of the acquisition of the aerospace-parts business of AvioS.p.A. (Avio) at Aviation ($3,058 million) and Lufkin Industries Inc.(Lufkin) at Oil & Gas ($2,055 million) in the third quarter of 2013.In connection with the acquisitionofAvio, we recorded a pre-tax acquisition-related charge of $96 million related to the effective settlement of Avio'spre-existing contractual relationships with GE.

On March 27, 2012, we contributed a portion of our civil avionics systems business to a newly formed joint venture in exchange for 50% of the new entity. This resulted in the deconsolidation of our civil avionics business and the recording of the interest in the new joint venture at fair value. As a result, we recognized a pre-tax gain of $274 million ($152 million after-tax) in the first quarter of 2012.

We test goodwill for impairment annually in the third quarter of each year using data as of July 1 of that year. The impairment test consists of two steps: in step one, the carrying value of the reporting unit is compared with its fair value; in step two, which is applied when the carrying value is more than its fair value, the amount of goodwill impairment, if any, is derived by deducting the fair value of the reporting unit's assets and liabilities from the fair value of its equity, and comparing that amount with the carrying amount of goodwill. We determined fair values for each of the reporting units usingthe market approach, when available and appropriate, or the income approach, or a combination of both.We assess the valuation methodology based upon the relevance and availability of the data at the time we perform the valuation. If multiple valuation methodologies are used, the results are weighted appropriately.

Valuations using the market approach are derived from metrics of publicly traded companies or historically completed transactions of comparable businesses. The selection of comparable businesses is based on the markets in which the reporting units operate giving consideration to risk profiles, size, geography, and diversity of products and services. A market approach is limited to reporting units for which there are publicly traded companies that have the characteristics similar to our businesses.

Under the income approach, fair value is determined based on the present value of estimated future cash flows, discounted at an appropriate risk-adjusted rate. We use our internal forecasts to estimate future cash flows and include an estimate of long-term future growth rates based on our most recent views of the long-term outlook for each business. Actual results may differ from those assumed in our forecasts. We derive our discount rates using a capital asset pricing model and analyzing published rates for industries relevant to our reporting units to estimate the cost of equity financing. We use discount rates that are commensurate with the risks and uncertainty inherent in the respective businesses and in our internally developed forecasts. Discount rates used in our reporting unit valuations ranged from 8.0% to 16.5%.

During the third quarter of 2013, we performed our annual impairment test of goodwill for all of our reporting units. Based on the results of our step one testing, the fair values of each of the GE reporting units exceeded their carrying values; therefore, the second step of the impairment test was not required to be performed and no goodwill impairment was recognized.

Our Real Estate reporting unit had a goodwill balance of $737 million at September 30, 2013. While the Real Estate reporting unit's book value was within the range of its fair value, we further substantiated our Real Estate goodwill balance by performing the second step analysis in which the implied fair value of goodwill exceeded its carrying value by approximately $3.7 billion. The estimated fair value of the Real Estate reporting unit is based on a number of assumptions about future business performance and investment, including loss estimates for the existing finance receivable and investment portfolio, new debt origination volume and margins, and the recent stabilization of the real estate market allowing for sales of real estate investments at normalized margins. Our assumed discount rate was 11.25% and was derived by applying a capital asset pricing model and corroborated using equity analyst research reports and implied cost of equity based on forecasted price to earnings per share multiples for similar companies. While we have seen stabilization in some markets, given the volatility and uncertainty in the current commercial real estate environment, there is uncertainty about a number of assumptions upon which the estimated fair value is based. Different loss estimates for the existing portfolio, changes in the new debt origination volume and margin assumptions, changes in the expected pace of the commercial real estate market recovery, or changes in the equity return expectation of market participants may result in changes in the estimated fair value of the Real Estate reporting unit.

Estimating the fair value of reporting units requires the use of estimates and significant judgments that are based on a number of factors including actual operating results. It is reasonably possible that the judgments and estimates described above could change in future periods.

Intangible Assets Subject to Amortization
	At
	September 30, 2013						December 31, 2012
	Gross						Gross
	carrying		Accumulated				carrying		Accumulated
(In millions)	amount		amortization		Net		amount		amortization		Net
Customer-related	$	8,065	$	(2,321)	$	5,744	$	6,978	$	(2,161)	$	4,817
Patents, licenses and trademarks		6,452		(2,777)		3,675		6,172		(2,595)		3,577
Capitalized software		8,114		(5,219)		2,895		7,537		(4,691)		2,846
Lease valuations		731		(510)		221		1,163		(792)		371
Present value of future profits(a)		566		(566)		-		530		(530)		-
All other		1,983		(444)		1,539		636		(419)		217
Total	$	25,911	$	(11,837)	$	14,074	$	23,016	$	(11,188)	$	11,828

(a)Balances at September 30, 2013and December 31, 2012 reflect adjustments of $327 million and $353 million, respectively, to the present value of future profits in our run-off insurance operation to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized.

Intangible assets subject to amortization increased $2,895million in the nine months ended September 30, 2013, primarily as a result of the acquisition of Avio($1,830million, of which $1,226 million is included in All other) and Lufkin ($926million).

Consolidated amortization related to intangible assets subject to amortization was $429 million and $359 million in the three months ended September 30, 2013 and 2012, respectively, and $1,257 million and $1,079 million in the nine months ended September 30, 2013 and 2012, respectively.

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Shareowners' Equity (Changes In Accumulated Other Comprehensive Income) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended			9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012	Sep. 30, 2013		Sep. 30, 2012	Dec. 31, 2012
Stockholders Equity Note [Line Items]
Investment Securities Beginning Balance	$ 146		$ 472	$ 677	[1]	$ (30)
Investment Securities Balance at September 30	315	[1]	592	315	[1]	592
Currency Translation Adjustment Beginning Balance	358		(861)	412	[1]	133
Currency Translation Adjustment Balance September 30	(36)	[1]	430	(36)	[1]	430
Cash Flow Hedges Beginning Balance	(430)		(1,031)	(722)	[1]	(1,176)
Cash Flow Hedges Balance September 30	(370)	[1]	(965)	(370)	[1]	(965)
Benefit Plans Beginning Balance	(18,537)		(21,303)	(20,597)	[1]	(22,901)
Benefit Plans Balance September 30	(17,772)	[1]	(20,378)	(17,772)	[1]	(20,378)
Other comprehensive income, net of tax	610		2,407	2,346		3,656
Less: Other comprehensive income (loss) attributable to noncontrolling interests	10		5	(21)		3
Accumulated Other Comprehensive Income (Loss), Net of Tax	(17,863)		(20,321)	(17,863)		(20,321)	(20,230)
Securities Investment [Member]
Stockholders Equity Note [Line Items]
Other comprehensive income (OCI) before reclassifications - net of deferred taxes	155		104	(515)		575
Reclassification from OCI net of deferred taxes	15		18	153		45
Other comprehensive income, net of tax	170		122	(362)		620
Less: Other comprehensive income (loss) attributable to noncontrolling interests	1		2	0		(2)
Stockholders Equity Note Parenthetical
OCI before reclassification tax	67		68	(302)		331
Reclassification from OCI	11		10	124		28
Currency Translation Adjustment [Member]
Stockholders Equity Note [Line Items]
Other comprehensive income (OCI) before reclassifications - net of deferred taxes	(327)		1,416	(313)		429
Reclassification from OCI net of deferred taxes	(56)		(120)	(156)		(123)
Other comprehensive income, net of tax	(383)		1,296	(469)		306
Less: Other comprehensive income (loss) attributable to noncontrolling interests	11		5	(21)		9
Stockholders Equity Note Parenthetical
OCI before reclassification tax	(12)		(193)	(326)		(207)
Reclassification from OCI	7		72	85		67
Cash Flow Hedge [Member]
Stockholders Equity Note [Line Items]
Other comprehensive income (OCI) before reclassifications - net of deferred taxes	63		(39)	271		88
Reclassification from OCI net of deferred taxes	(5)		104	80		122
Other comprehensive income, net of tax	58		65	351		210
Less: Other comprehensive income (loss) attributable to noncontrolling interests	(2)		(1)	(1)		(1)
Stockholders Equity Note Parenthetical
OCI before reclassification tax	43		285	144		323
Reclassification from OCI	(20)		(188)	(85)		(208)
Pension Plan, Defined Benefit [Member]
Stockholders Equity Note [Line Items]
Other comprehensive income, net of tax	765		924	2,826		2,520
Less: Other comprehensive income (loss) attributable to noncontrolling interests	0		(1)	1		(3)
Stockholders Equity Note Parenthetical
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit) Arising During Period, Net of Tax	0		(783)	0		(783)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit), Tax	0		447	0		447
Other Comprehensive Income (Loss), Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service (Cost) Credit, Net of Tax	100		121	298		389
Other Comprehensive Income (Loss), Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service (Cost) Credit, Tax	68		80	201		256
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net (Gain) Loss, Net of Tax	(9)		556	(548)		460
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net (Gain) Loss, Tax	(7)		(302)	295		(236)
Other Comprehensive Income Net Amortization Of Net Actuarial Gain Loss	656		615	1,980		1,847
Other Comprehensive Income Net Amortization Of Net Actuarial Gain Loss Tax	334		319	1,008		949
Other Comprehensive Income (Loss), Finalization of Pension and Other Postretirement Benefit Plan Valuation, Net of Tax	0		(39)	0		(39)
Other Comprehensive Income (Loss), Finalization of Pension and Other Postretirement Benefit Plan Valuation, Tax	$ 0		$ 0	$ 0		$ 0

[1] (c) The sum of accumulated other comprehensive income (loss) attributable to GE was $(17,863) million and $(20,230) million at September 30, 2013 and December 31, 2012, respectively.

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Earnings Per Share Information

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share Information

14. EARNINGS PER SHARE INFORMATION

GE's authorized common stock consists of 13,200,000,000 shares having a par value of $0.06 each. Information related to the calculation of earnings per share follows.

	Three months ended September 30,
	2013				2012
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	3,259	$	3,269	$	3,445	$	3,445
Earnings (loss) from discontinued operations
for per-share calculation(a)		(92)		(82)		41		41
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	3,177	$	3,187	$	3,486	$	3,486
Average equivalent shares
Shares of GE common stock outstanding		10,151		10,151		10,523		10,523
Employee compensation-related shares (including
stock options) and warrants		72		-		45		-
Total average equivalent shares		10,223		10,151		10,568		10,523
Per-share amounts
Earnings from continuing operations	$	0.32	$	0.32	$	0.33	$	0.33
Earnings (loss) from discontinued operations		(0.01)		(0.01)		-		-
Net earnings		0.31		0.31		0.33		0.33

• Included an insignificant amount of dividend equivalents in each of the periods presented.

(b)       Included the dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock for the three months ended September 30, 2013.

	Nine months ended September 30,
	2013				2012
(In millions; per-share amounts in dollars)	Diluted		Basic		Diluted		Basic
Amounts attributable to the Company:
Consolidated
Earnings from continuing operations attributable to
common shareowners for per-share calculation(a)(b)	$	10,150	$	10,150	$	10,325	$	10,325
Earnings (loss) from discontinued operations
for per-share calculation(a)		(312)		(312)		(707)		(707)
Net earnings attributable to GE common
shareowners for per-share calculation(a)	$	9,838	$	9,838	$	9,617	$	9,617
Average equivalent shares
Shares of GE common stock outstanding		10,262		10,262		10,552		10,552
Employee compensation-related shares (including
stock options) and warrants		65		-		38		-
Total average equivalent shares		10,328		10,262		10,590		10,552
Per-share amounts
Earnings from continuing operations	$	0.98	$	0.99	$	0.98	$	0.98
Earnings (loss) from discontinued operations		(0.03)		(0.03)		(0.07)		(0.07)
Net earnings		0.95		0.96		0.91		0.91

(a)Included an insignificant amount of dividend equivalents in each of the periods presented.

(b)Included the dilutive adjustment for the change in income for forward purchase contracts that may be settled in stock for the nine months ended September 30, 2013.

For the three and nine months ended September 30, 2013 and 2012, there were approximately 78 million and 134 million, respectively, and 273 million and290 million, respectively, of outstanding stock awards that were not included in the computation of diluted earnings per share because their effect was antidilutive.

Earnings-per-share amounts are computed independently for earnings from continuing operations, earnings (loss) from discontinued operations and net earnings. As a result, the sum of per-share amounts from continuing operations and discontinued operations may not equal the total per-share amounts for net earnings.

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Shareowners' Equity

9 Months Ended

Sep. 30, 2013

Stockholders' Equity Note [Abstract]

Shareowners' Equity

12. SHAREOWNERS' EQUITY

Accumulated Other Comprehensive Income (Loss)
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Investment securities
Beginning balance	$	146	$	472	$	677	$	(30)
Other comprehensive income (loss) (OCI) before reclassifications –
net of deferred taxes of $67, $68, $(302) and $331		155		104		(515)		575
Reclassifications from OCI – net of deferred taxes
of $11, $10, $124 and $28		15		18		153		45
Other comprehensive income (loss)(a)		170		122		(362)		620
Less: OCI attributable to noncontrolling interests		1		2		-		(2)
Balance at September 30	$	315	$	592	$	315	$	592
Currency translation adjustments (CTA)
Beginning balance	$	358	$	(861)	$	412	$	133
OCI before reclassifications –
net of deferred taxes of $(12), $(193), $(326) and $(207)		(327)		1,416		(313)		429
Reclassifications from OCI – net of deferred taxes
of $7, $72, $85 and $67		(56)		(120)		(156)		(123)
Other comprehensive income (loss)(a)		(383)		1,296		(469)		306
Less: OCI attributable to noncontrolling interests		11		5		(21)		9
Balance at September 30	$	(36)	$	430	$	(36)	$	430
Cash flow hedges
Beginning balance	$	(430)	$	(1,031)	$	(722)	$	(1,176)
OCI before reclassifications –
net of deferred taxes of $43, $285, $144 and $323		63		(39)		271		88
Reclassifications from OCI – net of deferred taxes
of $(20), $(188), $(85) and $(208)		(5)		104		80		122
Other comprehensive income (loss)(a)		58		65		351		210
Less: OCI attributable to noncontrolling interests		(2)		(1)		(1)		(1)
Balance at September 30	$	(370)	$	(965)	$	(370)	$	(965)
Benefit plans
Beginning balance	$	(18,537)	$	(21,303)	$	(20,597)	$	(22,901)
Prior service credit (costs) - net of deferred taxes
of $0, $447, $0 and $447		-		783		-		783
Net actuarial gain (loss) – net of deferred taxes
of $(7), $(302), $295 and $(236)		9		(556)		548		(460)
Net curtailment/settlement - net of deferred taxes
of $0, $0, $0 and $0		-		(39)		-		(39)
Prior service cost amortization – net of deferred taxes
of $68, $80, $201 and $256		100		121		298		389
Net actuarial gain (loss) amortization – net of deferred taxes
of $334, $319, $1,008 and $949		656		615		1,980		1,847
Other comprehensive income (loss)(a)		765		924		2,826		2,520
Less: OCI attributable to noncontrolling interests		-		(1)		1		(3)
Balance at September 30	$	(17,772)	$	(20,378)	$	(17,772)	$	(20,378)
Accumulated other comprehensive income (loss) at
September 30	$	(17,863)	$	(20,321)	$	(17,863)	$	(20,321)

• Total other comprehensive income (loss) was $610 million and $2,407 million for the three months ended September 30, 2013 and 2012, respectively, and $2,346 million and $3,656 million for the ninemonths endedSeptember 30, 2013 and 2012, respectively.

Reclassification out of AOCI
Components of AOCI	Three months ended September 30,				Nine months ended September 30,				Statement of Earnings Caption
	2013		2012		2013		2012
Available-for-sale securities
Realized gains (losses) on
sale/impairment of securities	$	(26)	$	(28)	$	(277)	$	(73)	Other income
		11		10		124		28	Tax (expense) or benefit
	$	(15)	$	(18)	$	(153)	$	(45)	Net of tax
Currency translation adjustments
Gains (losses) on dispositions	$	49	$	48	$	71	$	56	Costs and expenses
		7		72		85		67	Tax (expense) or benefit
	$	56	$	120	$	156	$	123	Net of tax
Cash flow hedges
Gains (losses) on interest rate derivatives	$	(88)	$	(118)	$	(282)	$	(384)	Interest and other financial charges
Foreign exchange contracts		62		245		168		580	(a)
Other		51		(43)		119		(110)	(b)
		25		84		5		86	Total before tax
		(20)		(188)		(85)		(208)	Tax (expense) or benefit
	$	5	$	(104)	$	(80)	$	(122)	Net of tax
Benefit plan items
Amortization of prior service costs	$	(168)	$	(201)	$	(499)	$	(645)	(c)
Amortization of actuarial gains (losses)		(990)		(934)		(2,988)		(2,796)	(c)
		(1,158)		(1,135)		(3,487)		(3,441)	Total before tax
		402		399		1,209		1,205	Tax (expense) or benefit
	$	(756)	$	(736)	$	(2,278)	$	(2,236)	Net of tax
Total reclassification adjustments	$	(710)	$	(738)	$	(2,355)	$	(2,280)	Net of tax

• Includes $73 million and $268million in GECC revenues from services and $(11) million and $(23)million in interest and other financial charges for the three months ended September 30, 2013 and 2012, respectively, and$210 million and $673million in GECC revenues from services and $(42) million and $(93) million in interest and other financial charges for the ninemonths ended September 30, 2013 and 2012, respectively.
• Primarily included in costs and expenses.
• Amortization of prior service costs and actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs. See Note 9 for further information.

Noncontrolling Interests
A summary of changes to noncontrolling interests follows
	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Beginning balance	$	6,302	$	3,780	$	5,444	$	1,696
Net earnings (loss)		(10)		17		140		88
GECC issuance of preferred stock		-		1,733		990		3,960
GECC preferred stock dividend		-		-		(135)		-
Dividends		(9)		(21)		(72)		(35)
Dispositions		(15)		-		(119)		-
AOCI and other		85		(45)		105		(245)
Ending balance	$	6,353	$	5,464	$	6,353	$	5,464

During the second quarter of 2013, GECC issued 10,000 shares of non-cumulative perpetual preferred stock with a $0.01 par value for proceeds of $990 million. The preferred shares bear an initial fixed interest rate of 5.25% through June 15, 2023, bear a floating rate equal to three-month LIBOR plus 2.967% thereafter and are callable on June 15, 2023. Dividends on the GECC preferred stock are payable semi-annually, in June and December, with the first payment on this issuance beginning in December 2013.

During 2012, GECC issued 40,000 shares of non-cumulative perpetual preferred stock with a $0.01 par value for proceeds of $3,960 million. Of these shares, 22,500 bear an initial fixed interest rate of 7.125% through June 12, 2022, bear a floating rate equal to three-month LIBOR plus 5.296% thereafter and are callable on June 15, 2022 and 17,500 shares bear an initial fixed interest rate of 6.25% through December 15, 2022, bear a floating rate equal to three-month LIBOR plus 4.704% thereafter and are callable on December 15, 2022. Dividends on the GECC preferred stock are payable semi-annually, in June and December, with the first payment on these issuances made in December 2012.

GECC preferred stock is presented as noncontrolling interests in the GE consolidated statement of financial position.

GECC paid dividends of $500 million and $471 million and special dividends of $1,500 million and $1,975 million to GE in the threemonthsended September 30, 2013and 2012, respectively. GECC paid dividends of $947 million and $946 million and special dividends of $3,000 million and $4,500 million to GE in the nine months ended September 30, 2013 and 2012, respectively.

On October 16, 2013, Berkshire Hathaway Inc. (Berkshire Hathaway) exercised in full their warrants to purchase shares of GE common stock and on October 17,2013, GE delivered 10.7 million shares to Berkshire Hathaway. The total number of shares issued was based on the amount by which the average market price of GE common stock over the 20 trading days preceding the date of exercise exceeded the exercise price of $22.25.

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Document and Entity Information	9 Months Ended
	Sep. 30, 2013
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Sep. 30, 2013
Amendment Flag	false
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2013
Entity Registrant Name	General Electric Company
Entity Central Index Key	0000040545
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	10,117,369,000

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Financial Instruments (Net investment hedges in foreign operations) (Details) (Net Investment Hedge [Member], USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Net investment hedges in foreign operation
Hedge ineffectiveness gain (loss)	$ (161)	$ (183)	$ (514)	$ (663)
Foreign Exchange Contract [Member]
Net investment hedges in foreign operation
Gain (loss) recognized in AOCI	645	(2,939)	3,162	(2,588)
Gain (loss) reclassified from AOCI into earnings	$ (169)	$ 39	$ (278)	$ 27

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GECC Revenues From Services

9 Months Ended

Sep. 30, 2013

Financial Services Revenue [Abstract]

GECC Revenues From Services

13. GECCREVENUES FROM SERVICES

	Three months ended September 30,				Nine months ended September 30,
(In millions)	2013		2012		2013		2012
Interest on loans	$	4,585	$	4,708	$	13,608	$	14,328
Equipment leased to others		2,435		2,531		7,397		7,720
Fees		1,199		1,173		3,499		3,493
Investment income(a)		514		636		1,502		1,971
Financing leases		395		392		1,220		1,455
Associated companies		406		451		852		1,146
Premiums earned by insurance activities		403		433		1,208		1,294
Real estate investments(b)		331		464		2,139		1,202
Other items(a)		369		452		1,670		1,269
		10,637		11,240		33,095		33,878
Eliminations		(427)		(312)		(1,160)		(953)
Total	$	10,210	$	10,928	$	31,935	$	32,925

• Included net other-than-temporary impairments on investment securities of$56 million and $25 million in the three months ended September 30, 2013 and 2012, respectively, and $467million and $89million in the nine months ended September 30, 2013 and 2012, respectively,of which $96million related to the impairment of an investment in a Brazilian company that was fully offset by the benefit of a guarantee provided by GE reflected as a component in other items for both the three and nine months ended September 30, 2013.
• During the nine months ended September 30, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.

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Property, Plant and Equipment (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Property, Plant and Equipment [Abstract]
Original cost	$ 115,873		$ 115,873		$ 115,006
Less accumulated depreciation and amortization	(47,132)		(47,132)		(45,962)
Property, plant and equipment - net	68,741		68,741		69,044
Depreciation and amortization	$ 2,578	$ 2,193	$ 7,155	$ 6,699

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GECC Financing Receivables and Allowance for Losses on Financing Receivables (Allowance for Losses on Financing Receivables ) (Details) (Subsidiaries GECC [Member], USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	$ 5,152	$ 5,380	$ 4,985	$ 6,190
Provision charged	3,338	2,728
Other	(116)	(58)
Gross write-offs	(4,194)	(4,649)
Recoveries	1,139	1,169
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	910	1,249	1,041	1,530
Provision charged	471	378
Other	(10)	(68)
Gross write-offs	(755)	(740)
Recoveries	163	149
Commercial Portfolio Segment [Member] | Americas CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	470	567	490	889
Provision charged	206	67
Other	(1)	(43)
Gross write-offs	(316)	(423)
Recoveries	91	77
Commercial Portfolio Segment [Member] | Europe CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	342	574	445	400
Provision charged	205	271
Other	0	(3)
Gross write-offs	(369)	(142)
Recoveries	61	48
Commercial Portfolio Segment [Member] | Asia CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	75	72	80	157
Provision charged	60	13
Other	(9)	(1)
Gross write-offs	(65)	(117)
Recoveries	9	20
Commercial Portfolio Segment [Member] | Other CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	0	2	6	4
Provision charged	(3)	9
Other	0	(1)
Gross write-offs	(3)	(10)
Recoveries	0	0
Commercial Portfolio Segment [Member] | CLL Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	887	1,215	1,021	1,450
Provision charged	468	360
Other	(10)	(48)
Gross write-offs	(753)	(692)
Recoveries	161	145
Commercial Portfolio Segment [Member] | Energy Financial Services Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	11	13	9	26
Provision charged	2	8
Other	0	0
Gross write-offs	0	(24)
Recoveries	0	3
Commercial Portfolio Segment [Member] | GECAS Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	10	12	8	17
Provision charged	2	7
Other	0	(1)
Gross write-offs	0	(11)
Recoveries	0	0
Commercial Portfolio Segment [Member] | Other Financing Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	2	9	3	37
Provision charged	(1)	3
Other	0	(19)
Gross write-offs	(2)	(13)
Recoveries	2	1
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	170	736	320	1,089
Provision charged	(21)	101
Other	(5)	(7)
Gross write-offs	(133)	(455)
Recoveries	9	8
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	4,072	3,395	3,624	3,571
Provision charged	2,888	2,249
Other	(101)	17
Gross write-offs	(3,306)	(3,454)
Recoveries	967	1,012
Consumer Portfolio Segment [Member] | Non US residential mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	439	467	480	546
Provision charged	137	66
Other	(2)	5
Gross write-offs	(216)	(213)
Recoveries	40	63
Consumer Portfolio Segment [Member] | Non US installment and revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	662	654	623	717
Provision charged	405	270
Other	(42)	22
Gross write-offs	(727)	(798)
Recoveries	403	443
Consumer Portfolio Segment [Member] | US installment and revolving credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	2,721	2,030	2,282	2,008
Provision charged	2,198	1,807
Other	(50)	(18)
Gross write-offs	(2,118)	(2,140)
Recoveries	409	373
Consumer Portfolio Segment [Member] | Non US auto [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	67	73	67	101
Provision charged	51	18
Other	(11)	(7)
Gross write-offs	(96)	(110)
Recoveries	56	71
Consumer Portfolio Segment [Member] | Consumer Other Financing Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total balance	183	171	172	199
Provision charged	97	88
Other	4	15
Gross write-offs	(149)	(193)
Recoveries	$ 59	$ 62

XML

Financial Instruments (Free-standing derivatives) (Details) (Free Standing Derivatives [Member], USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Free standing derivatives
Gain (loss) on derivatives	$ (960)	$ (528)
Interest Rate Contract [Member]
Free standing derivatives
Gain (loss) on derivatives	(90)	(217)
Foreign Exchange Contract [Member]
Free standing derivatives
Gain (loss) on derivatives	(1,011)	(472)
Other Contract [Member]
Free standing derivatives
Gain (loss) on derivatives	$ 141	$ 161