Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables (Tables)
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6 Months Ended |
Jun. 30, 2015 |
Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items] |
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Nonaccrual Financing Receivables |
PAST DUE AND NONACCRUAL FINANCING RECEIVABLES | | | | | | | | | | | | | | | | | | | | | June 30, 2015 | | | December 31, 2014 | | | | Over 30 days | | Over 90 days | | | | | | Over 30 days | | Over 90 days | | | | | (In millions) | | past due | | past due | | | Nonaccrual | | past due | | past due | | | Nonaccrual | | | | | | | | | | | | | | | | | | | Commercial | | | | | | | | | | | | | | | | | CLL | $ | 548 | $ | 172 | | $ | 20 | | $ | 610 | $ | 131 | | $ | 25 | | Energy Financial Services | | 7 | | 7 | | | 28 | | | - | | - | | | 68 | | GECAS | | 1 | | - | | | 318 | | | - | | - | | | 419 | | Total Commercial | | 556 | | 179 | | | 366 | (a) | | 610 | | 131 | | | 512 | (a) | Consumer | | 2,171 | | 933 | (b) | | 2 | (c) | | 5,137 | | 2,495 | (b) | | 1,484 | (c) | Total | $ | 2,727 | $ | 1,112 | | $ | 368 | | $ | 5,747 | $ | 2,626 | | $ | 1,996 | | Total as a percent of financing receivables | | 3.2 % | | 1.3 % | | | 0.4 % | | | 4.5 % | | 2.1 % | | | 1.6 % | | | | | | | | | | | | | | | | | | |
(a) Included $349 million and $484 million at June 30, 2015 and December 31, 2014, respectively, which are currently paying in accordance with their contractual terms. - Included $931 million and $1,231 million of Consumer loans at June 30, 2015 and December 31, 2014, respectively, which are over 90 days past due and continue to accrue interest until the accounts are written off in the period that the account becomes 180 days past due.
- Included none and $179 million at June 30, 2015 and December 31, 2014, respectively, which are currently paying in accordance with their contractual terms.
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Impaired Loans |
IMPAIRED LOANS AND RELATED RESERVES | | | | | | | | | | | | | | | | | | | | | | 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(a) | in loans | | | | | | | | | | | | | | | | | | | | | June 30, 2015 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial | | | | | | | | | | | | | | | | | | | | CLL | $ | 13 | | $ | 15 | | $ | 10 | | $ | 4 | | $ | 4 | | $ | 3 | $ | 5 | Energy Financial Services | | 28 | | | 29 | | | 45 | | | - | | | - | | | - | | 8 | GECAS | | 237 | | | 245 | | | 246 | | | - | | | - | | | - | | - | Other | | - | | | - | | | - | | | - | | | - | | | - | | - | Total Commercial(b) | | 278 | | | 289 | | | 301 | | | 4 | | | 4 | | | 3 | | 13 | Consumer(c) | | - | | | - | | | 46 | | | 719 | | | 626 | (d) | | 238 | | 1,162 | Total | $ | 278 | | $ | 289 | | $ | 347 | | $ | 723 | | $ | 630 | | $ | 241 | $ | 1,175 | | | | | | | | | | | | | | | | | | | | | December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial | | | | | | | | | | | | | | | | | | | | CLL | $ | 10 | | $ | 10 | | $ | 7 | | $ | 5 | | $ | 5 | | $ | 4 | $ | 4 | Energy Financial Services | | 53 | | | 54 | | | 26 | | | 15 | | | 15 | | | 12 | | 24 | GECAS | | 329 | | | 337 | | | 88 | | | - | | | - | | | - | | 15 | Other | | - | | | - | | | - | | | - | | | - | | | - | | 1 | Total Commercial(b) | | 392 | | | 401 | | | 121 | | | 20 | | | 20 | | | 16 | | 44 | Consumer(c) | | 138 | | | 179 | | | 120 | | | 2,042 | | | 2,092 | | | 408 | | 2,547 | Total | $ | 530 | | $ | 580 | | $ | 241 | | $ | 2,062 | | $ | 2,112 | | $ | 424 | $ | 2,591 | | | | | | | | | | | | | | | | | | | | |
- Write-offs to net realizable value are recognized against the allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible, but not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan.
- We recognized insignificant amounts of interest income, including none on a cash basis, in the six months ended June 30, 2015, the year ended December 31, 2014 and the six months ended June 30, 2014, respectively, in CLL. The total average investment in impaired loans for the six months ended June 30, 2015 and the year ended December 31, 2014 was $314 million and $165 million, respectively.
- We recognized $36 million, $126 million and $91 million of interest income, including $1 million, $5 million and $1 million on a cash basis, in the six months ended June 30, 2015, the year ended December 31, 2014 and the six months ended June 30, 2014, respectively. The total average investment in impaired loans for the six months ended June 30, 2015 and the year ended December 31, 2014 was $1,208 million and $2,667 million, respectively.
- Unpaid principal balance excludes accrued interest and fees.
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Financing Receivables And Allowance For Losses |
(In millions) | Non-impaired financing receivables | | General reserves | | Impaired loans | | Specific reserves | | | | | | | | | | | | | June 30, 2015 | | | | | | | | | | | | | | | | | | | | | | | | Commercial | $ | 22,763 | | $ | 88 | | $ | 282 | | $ | 3 | Consumer | | 60,712 | | | 3,064 | | | 719 | | | 238 | Total | $ | 83,475 | | $ | 3,152 | | $ | 1,001 | | $ | 241 | | | | | | | | | | | | | December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | Commercial | $ | 25,329 | | $ | 77 | | $ | 412 | | $ | 16 | Consumer | | 98,640 | | | 3,603 | | | 2,180 | | | 408 | Total | $ | 123,969 | | $ | 3,680 | | $ | 2,592 | | $ | 424 | | | | | | | | | | | | |
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Schedule Of Impaired Loan Balance Classified To Measure Impairment |
IMPAIRED LOAN BALANCE CLASSIFIED BY THE METHOD USED TO MEASURE IMPAIRMENT | | | | | | | | | | | | | (In millions) | | | | | June 30, 2015 | | December 31, 2014 | | | | | | | | | | | | | Discounted cash flow | | | | | | | $ | 797 | | $ | 2,149 | Collateral value | | | | | | | | 204 | | | 443 | Total | | | | | | | $ | 1,001 | | $ | 2,592 | | | | | | | | | | | | |
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Commercial Portfolio Segment [Member] |
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Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items] |
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Credit Quality Indicators |
COMMERCIAL FINANCING RECEIVABLES BY RISK CATEGORY | | | | | | | | | | | | | | | | | | | | | Secured | (In millions) | A | | B | | C | | Total | | | | | | | | | | | | | June 30, 2015 | | | | | | | | | | | | | | | | | | | | | | | | CLL | $ | 12,159 | | $ | 37 | | $ | 32 | | $ | 12,228 | Energy Financial Services | | 2,495 | | | 41 | | | 142 | | | 2,678 | GECAS | | 7,206 | | | 225 | | | 97 | | | 7,528 | Other | | 151 | | | - | | | - | | | 151 | Total | $ | 22,011 | | $ | 303 | | $ | 271 | | $ | 22,585 | | | | | | | | | | | | | December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | CLL | $ | 14,271 | | $ | 49 | | $ | 98 | | $ | 14,418 | Energy Financial Services | | 2,479 | | | 60 | | | 16 | | | 2,555 | GECAS | | 7,908 | | | 237 | | | 118 | | | 8,263 | Other | | 130 | | | - | | | - | | | 130 | Total | $ | 24,788 | | $ | 346 | | $ | 232 | | $ | 25,366 | | | | | | | | | | | | |
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Consumer Portfolio Segment [Member] |
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Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items] |
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Credit Quality Indicators |
| Refreshed FICO score | | June 30, 2015 | | December 31, 2014 | | 661 or | | 601 to | | 600 or | | 661 or | | 601 to | | 600 or | (in millions) | higher | | 660 | | less | | higher | | 660 | | less | | | | | | | | | | | | | | | | | | | U.S. installment and | | | | | | | | | | | | | | | | | | revolving credit | $ | 44,080 | | $ | 11,736 | | $ | 4,149 | | $ | 43,466 | | $ | 11,865 | | $ | 4,532 | | | | | | | | | | | | | | | | | | |
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