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Operating and Administrative Expenses
12 Months Ended
Dec. 31, 2012
Operating Costs and Expenses [Abstract]  
Operating and Administrative Expenses

NOTE 13. OPERATING AND ADMINISTRATIVE EXPENSES

Our employees and retirees are covered under a number of pension, stock compensation, health and life insurance plans. The principal pension plans are the GE Pension Plan, a defined benefit plan for U.S. employees and the GE Supplementary Pension Plan, an unfunded plan providing supplementary benefits to higher-level, longer-service U.S. employees. Employees of certain affiliates are covered under separate pension plans which are not significant individually or in the aggregate. We provide health and life insurance benefits to certain of our retired employees, principally through GE Company's benefit program. The annual cost to us of providing these benefits is not material.

 

Rental expense under operating leases is shown below.

(In millions)2012 2011 2010
         
Equipment for sublease$151 $159 $184
Other rental expense 410  456  453
         

At December 31, 2012, minimum rental commitments under noncancellable operating leases aggregated $1,583 million. Amounts payable over the next five years follow.

(In millions)
              
2013 2014 2015 2016 2017
$318 $245 $201 $164 $136