CURRENT RECEIVABLES (Tables)

6 Months Ended

Jun. 30, 2018

Receivables [Abstract]

Schedule of Receivables

	Consolidated(a)(b)						GE(c)
(In millions)	June 30, 2018			December 31, 2017			June 30, 2018			December 31, 2017
Current receivables	$	21,715		$	25,282		$	15,438		$	15,693
Allowance for losses	(918		)	(1,073		)	(901		)	(1,055		)
Total	$	20,797		$	24,209		$	14,537		$	14,638

(a) Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $7,025 million and $10,370 million at June 30, 2018 and December 31, 2017, respectively. The consolidated total included a deferred purchase price receivable of $413 million and $388 million at June 30, 2018 and December 31, 2017, respectively, related to our Receivables Facility (described below).

(b) In order to manage 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 $2,694 million and $2,541 million at June 30, 2018 and December 31, 2017, respectively. Of these balances, $1,641 million and $1,621 million was sold by GE to GE Capital prior to the sale to third parties at June 30, 2018 and December 31, 2017, respectively. At June 30, 2018 and December 31, 2017, our maximum exposure to loss under the limited recourse arrangements is $50 million and $90 million, respectively.

(c) GE current receivables balances at June 30, 2018 and December 31, 2017, before allowance for losses, included $10,518 million and $10,452 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.

FINANCING RECEIVABLES, NET
(In millions)	June 30, 2018			December 31, 2017
Loans, net of deferred income	$	13,371		$	17,404
Investment in financing leases, net of deferred income	3,059			4,614
	16,430			22,018
Allowance for losses	(38		)	(51		)
Financing receivables – net	$	16,392		$	21,967