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BUSINESSES HELD FOR SALE AND DISCONTINUED OPERATIONS - Schedule of Financial Information for Assets and Liabilities of Businesses Held for Sale (Details) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Assets    
Assets $ 7,850 $ 14,815
Liabilities    
Liabilities [1] 911 4,158
Financial Services (GE Capital)    
Assets    
Assets 7,850 14,806
Liabilities    
Liabilities 888 4,123
GE Capital | Financial Services (GE Capital)    
Assets    
Current receivables 280 117
Held for sale    
Assets    
Current receivables 698 366
Inventories 579 211
Property, plant, and equipment – net 1,034 632
Goodwill 1,258 212
Other intangible assets – net 237 123
Contract assets 195 125
Other 96 76
Assets 4,096 1,745
Liabilities    
Accounts payable 394 190
Progress collections and price adjustments accrued 155 141
Other current liabilities 264 133
Non-current compensation and benefits 219 82
Other 162 110
Liabilities $ 1,195 $ 656
[1] Our consolidated assets at June 30, 2017 included total assets of $5,851 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets included current receivables and net financing receivables of $1,445 million and investment securities of $1,004 million within continuing operations and assets of discontinued operations of $285 million. Our consolidated liabilities at June 30, 2017 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $(682) million within continuing operations. See Note 17.