Shareowners' Equity (Tables)

12 Months Ended

Dec. 31, 2012

Stockholders' Equity Note [Abstract]

Shareowners' equity

(In millions)	2012		2011		2010
Preferred stock issued	$	-	$	-	$	-
Common stock issued	$	-	$	-	$	-
Accumulated other comprehensive income
Balance at January 1(a)	$	(2,096)	$	(3,711)	$	(1,532)
Other comprehensive income before reclassifications		800		76		(3,306)
Reclassifications from other comprehensive income		356		1,539		1,127
Other comprehensive income, net, attributable to GECC		1,156		1,615		(2,179)
Balance at December 31	$	(940)	$	(2,096)	$	(3,711)
Additional paid-in capital
Balance at January 1	$	27,628	$	27,627	$	27,592
Contributions and other		3,958		1		35
Balance at December 31	$	31,586	$	27,628	$	27,627
Retained earnings
Balance at January 1(b)	$	51,578	$	45,068	$	42,863
Net earnings		6,215		6,510		2,155
Dividends and other(c)		(6,549)		0		50
Balance at December 31	$	51,244	$	51,578	$	45,068
Total equity
GECC shareowners' equity balance at December 31	$	81,890	$	77,110	$	68,984
Noncontrolling interests balance at December 31		707		690		1,164
Total equity balance at December 31	$	82,597	$	77,800	$	70,148

• The 2010 opening balance was adjusted as of January 1, 2010, for the cumulative effect of changes in accounting principles of $265 million related to the adoption of ASU 2009-16 & 17.
• The 2010 opening balance was adjusted as of January 1, 2010, for the cumulative effect of changes in accounting principles of $1,645 million related to the adoption of ASU 2009-16 & 17.
• Included the effects of accretion of redeemable securities to their redemption value of $38 million in 2010.

Accumulated other comprehensive income

(In millions)		2012		2011		2010
Investment securities
Balance at January 1	$	(33)	$	(639)	$	(653)
OCI before reclassifications – net of deferred taxes of $386, $341 and $72(a)		685		575		(45)
Reclassifications from OCI – net of deferred taxes of $12, $1 and $32		22		31		59
Other comprehensive income(b)		707		606		14
Less: OCI attributable to noncontrolling interests		1		0		0
Balance at December 31	$	673	$	(33)	$	(639)
Currency translation adjustments
Balance at January 1	$	(399)	$	(1,411)	$	1,324
OCI before reclassifications –net of deferred taxes of $(261), $(705) and $2,165		411		603		(2,787)
Reclassifications from OCI – net of deferred taxes of $55, $357 and $22		(131)		381		58
Other comprehensive income(b)		280		984		(2,729)
Less: OCI attributable to noncontrolling interests		12		(28)		6
Balance at December 31	$	(131)	$	(399)	$	(1,411)
Cash flow hedges
Balance at January 1	$	(1,101)	$	(1,281)	$	(1,769)
OCI before reclassifications – net of deferred taxes of $203, $248 and $(498)		(78)		(910)		(437)
Reclassifications from OCI – net of deferred taxes of $(75), $204 and $720		432		1,104		976
Other comprehensive income(b)		354		194		539
Less: OCI attributable to noncontrolling interests		(1)		14		51
Balance at December 31	$	(746)	$	(1,101)	$	(1,281)
Benefit plans
Balance at January 1	$	(563)	$	(380)	$	(434)
Prior service credit (cost) – net of deferred taxes of $0, $(3) and $5		0		(6)		10
Net actuarial gain (loss) – net of deferred taxes of $(86), $(104) and $5		(206)		(198)		10
Prior service cost amortization – net of deferred taxes of $0, $0 and $0		0		(2)		0
Net actuarial loss amortization – net of deferred taxes of $10, $11 and $17		33		23		34
Other comprehensive income(b)		(173)		(183)		54
Less: OCI attributable to noncontrolling interests		0		0		0
Balance at December 31	$	(736)	$	(563)	$	(380)
Accumulated other comprehensive income at December 31	$	(940)	$	(2,096)	$	(3,711)

• Includes adjustments of $527 million, $786 million and $1,171 million in 2012, 2011 and 2010, respectively, to deferred acquisition costs, present value of future profits, and investment contracts, insurance liabilities and insurance annuity benefits in our run-off insurance operations to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized in accordance with ASC 320-10-S99-2.
• Total other comprehensive income was $1,168 million, $1,601 million and $(2,122) million in 2012, 2011 and 2010, respectively.

Noncontrolling Interests in Equity of Consolidated Affiliates

December 31 (In millions)	2012		2011
Noncontrolling interests in consolidated affiliates(a)	$	707	$	690

• Consisted of a number of individually insignificant noncontrolling interests in partnerships and consolidated affiliates.

Changes to noncontrolling interests

(In millions)	2012		2011		2010
Beginning balance	$	690	$	1,164	$	2,048
Net earnings		63		127		16
Dividends		(19)		(20)		(7)
Dispositions(a)		0		(586)		(979)
AOCI and other		(27)		5		86
Ending balance	$	707	$	690	$	1,164

• Includesnoncontrolling interests related to the sale of GE SeaCoof $311 million and the redemption of Heller Financial preferred stock of $275 million in 2011, as well as the deconsolidation of Regency Energy Partners L.P. (Regency)of $979 million in 2010.