Current Receivables (Tables)

3 Months Ended

Mar. 31, 2017

Current Receivables [Abstract]

Schedule Of Current Receivables [Table Text Block]

	Consolidated(a)(b)				GE(c)
(In millions)	March 31, 2017		December 31, 2016		March 31, 2017		December 31, 2016
Current receivables		22,560		24,935		13,525		13,562
Allowance for losses		(886)		(858)		(879)		(847)
Total	$	21,675	$	24,076	$	12,646	$	12,715

• Included GE industrial customer receivables sold to a GE Capital affiliate and recorded onGE Capital’s balance sheet of $9,965 million and $12,304 million at March 31, 2017 and December 31, 2016, respectively. The consolidated total included a deferred purchase price receivable of $415 million and $483 million at March 31, 2017 and December 31, 2016, respectively, related to our Receivables Facility.
• In order to manage the credit exposure, the Company sells additional current receivables to third parties outside the Receivables Facility, substantially all of which are serviced by the Company. The outstanding balance of these current receivables was $2,131 million and $3,821 million at March 31, 2017 and December 31, 2016, respectively. Of these balances, $905 million and $2,504 million was sold by GE to GE Capital prior to the sale to third parties at March 31, 2017 and December 31, 2016, respectively. At March 31, 2017 and December 31, 2016, our maximum exposure to loss under the limited recourse arrangements is $96 million and $215 million, respectively.
• GE current receivables balances at March 31, 2017 and December 31, 2016, before allowance for losses, included $8,465 million and $8,927 million, respectively, from sales of goods and services to customers. The remainder of the balances primarily relates to supplier advances, revenue sharing programs and other non-income based tax receivables.