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Revenues from Services (Tables)
6 Months Ended
Jun. 30, 2014
Financial Services Revenue [Abstract]  
Revenues from services
  Three months ended June 30 Six months ended June 30
(In millions) 2014 2013 2014 2013
             
Interest on loans $4,305 $4,421 $8,562 $8,911
Equipment leased to others  2,436  2,433  5,097  4,962
Fees  1,121  1,161  2,235  2,290
Investment income(a)  613  574  1,169  988
Financing leases  341  389  730  825
Associated companies(b)  300  274  673  446
Premiums earned by insurance activities  380  410  733  806
Real estate investments(c)  357  508  700  1,808
Other items  360  715  802  1,291
Total $10,213 $10,885 $20,701 $22,327
             

  • Included net other-than-temporary impairments on investment securities, of which $96 million related to the impairment of an investment in a Brazilian company that was fully offset by the benefit of a guarantee provided by GE reflected as a component in other items for both the three and six months ended June 30, 2013.
  • Aggregate summarized financial information for significant associated companies assuming a 100% ownership interest is included total assets at June 30, 2014 and December 31, 2013 of $89,249 million and $84,305 million, respectively. Assets were primarily financing receivables of $49,562 million and $46,655 million at June 30, 2014 and December 31, 2013, respectively. Total liabilities were $62,158 million and $59,559 million, consisted primarily of bank deposits of $6,712 million and $5,876 million at June 30, 2014 and December 31, 2013, respectively, and debt of $40,139 million and $39,034 million at June 30, 2014 and December 31, 2013, respectively. Revenues for the three months ended June 30, 2014 and 2013 totaled $3,670 million and $4,503 million, respectively, and net earnings for the three months ended June 30, 2014 and 2013 totaled $599 million and $795 million, respectively. Revenues for the six months ended June 30, 2014 and 2013 totaled $7,214 million and $8,513 million, respectively, and net earnings for the six months ended June 30, 2014 and 2013 totaled $1,035 million and $1,360 million, respectively.
  • During the six months ended June 30, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.