Assets and Liabilities of Businesses Held For Sale and Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2014

Financial Information for Assets and Liabilities of Businesses Held for Sale

(In millions)	June 30, 2014		December 31, 2013

Assets
Cash and equivalents	$	90	$	5
Financing receivables – net		2,842		-
Goodwill		284		24
All other		78		21
Assets of businesses held for sale	$	3,294	$	50

Liabilities
Short-term borrowings	$	235	$	-
All other		54		6
Liabilities of businesses held for sale	$	289	$	6

Financial Information for Discontinued Operations

	Three months ended June 30				Six months ended June 30
(In millions)	2014		2013		2014		2013

Operations
Total revenues (loss)	$	(40)	$	107	$	(11)	$	161

Earnings (loss) from discontinued operations
before income taxes		(53)		(33)	$	(67)	$	(175)
Benefit (provision) for income taxes		21		22		28		146
Earnings (loss) from discontinued operations,
net of taxes	$	(32)	$	(11)	$	(39)	$	(29)

Disposal
Gain (loss) on disposal before income taxes	$	(4)	$	(95)	$	14	$	(282)
Benefit (provision) for income taxes		-		(17)		1		68
Gain (loss) on disposal, net of taxes	$	(4)	$	(112)	$	15	$	(214)

Earnings (loss) from discontinued operations,
net of taxes	$	(36)	$	(123)	$	(24)	$	(243)


(In millions)	June 30, 2014		December 31, 2013

Assets
Cash and equivalents	$	139	$	232
Financing receivables – net		1		711
Other		1,330		1,387
Assets of discontinued operations	$	1,470	$	2,330

Liabilities
Deferred income taxes	$	121	$	250
Other		833		3,540
Liabilities of discontinued operations	$	954	$	3,790

Rollforward of the Reserve
		Three months ended June 30				Six months ended June 30
(In millions)	2014			2013	2014			2013

Balance, beginning of period	$	550	$	740	$	800	$	633
Provision		102		47		102		154
Claim resolutions/ rescissions		(103)		-		(353)		-
Balance, end of period	$	549	$	787	$	549	$	787