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Financing Receivables and Allowance For Losses On Financing Receivables (Tables)
 9 Months Ended
Sep. 30, 2013
Financing Receivables And Allowance For Losses On Financing Receivables [Abstract]  
Schedule of Financing Receivables
       September 30, December 31,
(In millions)      2013 2012
            
Loans, net of deferred income(a)      $ 229,639 $ 241,465
Investment in financing leases, net of deferred income        29,736   32,471
         259,375   273,936
Less allowance for losses        (5,152)   (4,985)
Financing receivables – net(b)      $ 254,223 $ 268,951
            
            

(a)       Deferred income was $1,963 million and $2,182 million at September 30, 2013 and December 31, 2012, respectively.

(b)       Financing receivables at September 30, 2013 and December 31, 2012 included $582 million and $750 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination.
Financing receivables
       September 30, December 31,
(In millions)      2013 2012
            
Commercial           
CLL           
Americas      $69,240 $72,517
Europe(a)       35,529  37,037
Asia       9,573  11,401
Other(a)       468  603
Total CLL       114,810  121,558
            
Energy Financial Services       4,367  4,851
            
GECAS       9,642  10,915
            
Other       393  486
Total Commercial       129,212  137,810
            
Real Estate       18,966  20,946
            
Consumer           
Non-U.S. residential mortgages       31,142  33,451
Non-U.S. installment and revolving credit       17,305  18,546
U.S. installment and revolving credit       51,799  50,853
Non-U.S. auto       3,524  4,260
Other       7,427  8,070
Total Consumer       111,197  115,180
            
Total financing receivables       259,375  273,936
            
Less allowance for losses       (5,152)  (4,985)
Total financing receivables – net      $254,223 $268,951
            
            

(a)       During the third quarter of 2013, we transferred our European equipment services portfolio from CLL Other to CLL Europe. Prior-period amounts were reclassified to conform to the current period presentation.

 
Schedule of allowance for losses
Allowance for Losses on Financing Receivables          
                  
 Balance at Provision       Balance at
 January 1, charged to    Gross   September 30,
(In millions)2013 operations Other(a)write-offs(b)Recoveries(b)2013
                  
Commercial                 
CLL                 
Americas$ 490 $ 206 $ (1) $ (316) $ 91 $ 470
Europe  445   205   -   (369)   61   342
Asia  80   60   (9)   (65)   9   75
Other  6   (3)   -   (3)   -   -
Total CLL  1,021   468   (10)   (753)   161   887
                  
                  
Energy Financial Services  9   2   -   -   -   11
                  
GECAS  8   2   -   -   -   10
                  
Other  3   (1)   -   (2)   2   2
Total Commercial  1,041   471   (10)   (755)   163   910
                  
Real Estate  320   (21)   (5)   (133)   9   170
                  
Consumer                 
Non-U.S. residential                 
   mortgages  480   137   (2)   (216)   40   439
Non-U.S. installment                 
   and revolving credit  623   405   (42)   (727)   403   662
U.S. installment and                 
   revolving credit  2,282   2,198   (50)   (2,118)   409   2,721
Non-U.S. auto  67   51   (11)   (96)   56   67
Other  172   97   4   (149)   59   183
Total Consumer  3,624   2,888   (101)   (3,306)   967   4,072
Total$ 4,985 $ 3,338 $ (116) $ (4,194) $ 1,139 $ 5,152
                  
                  

(a)       Other primarily included the effects of currency exchange.

(b)       Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

 

 Balance at Provision       Balance at
 January 1, charged to    Gross   September 30,
(In millions)2012 operations Other(a)write-offs(b)Recoveries(b)2012
                  
Commercial                 
CLL                 
Americas$889 $67 $(43) $(423) $77 $567
Europe 400  271  (3)  (142)  48  574
Asia 157  13  (1)  (117)  20  72
Other 4  9  (1)  (10)  0  2
Total CLL 1,450  360  (48)  (692)  145  1,215
                  
                  
Energy Financial Services 26  8  0  (24)  3  13
                  
GECAS 17  7  (1)  (11)  0  12
                  
Other 37  3  (19)  (13)  1  9
Total Commercial 1,530  378  (68)  (740)  149  1,249
                  
Real Estate 1,089  101  (7)  (455)  8  736
                  
Consumer                 
Non-U.S. residential                 
   mortgages 546  66  5  (213)  63  467
Non-U.S. installment                 
   and revolving credit 717  270  22  (798)  443  654
U.S. installment and                 
   revolving credit 2,008  1,807  (18)  (2,140)  373  2,030
Non-U.S. auto 101  18  (7)  (110)  71  73
Other 199  88  15  (193)  62  171
Total Consumer 3,571  2,249  17  (3,454)  1,012  3,395
Total$6,190 $2,728 $(58) $(4,649) $1,169 $5,380
                  
                  

(a)       Other primarily included transfers to held for sale and the effects of currency exchange.

(b)       Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.