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Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables (Tables)
 6 Months Ended
Jun. 30, 2014
Credit Quality Financing Receivables [Abstract]  
Nonaccrual Financing Receivables
  June 30, 2014  December 31, 2013 
  Over 30 days  Over 90 days     Over 30 days  Over 90 days    
(In millions) past due  past due  Nonaccrual  past due  past due  Nonaccrual 
                   
Commercial                  
CLL                  
Americas$ 651 $ 379 $ 1,306 $ 755 $ 359 $ 1,275 
International  1,549   931   1,224   1,490   820   1,459 
Total CLL  2,200   1,310   2,530   2,245   1,179   2,734 
Energy Financial Services  -   -   76   -   -   4 
GECAS  1   -   153   -   -   - 
Other  -   -   -   -   -   6 
Total Commercial  2,201   1,310   2,759(a)  2,245   1,179   2,744(a)
                   
Real Estate  295   224   1,948(b)  247   212   2,551(b)
                   
Consumer                  
Non-U.S. residential mortgages  3,304   2,032   2,082   3,406   2,104   2,161 
Non-U.S. installment and revolving credit  391   109   51   512   146   88 
U.S. installment and revolving credit  2,055   894   1   2,442   1,105   2 
Non-U.S. auto  85   12   16   89   13   18 
Other  147   76   269   172   99   351 
Total Consumer  5,982   3,123(c)   2,419(d)   6,621   3,467(c)   2,620(d)
                   
Total$ 8,478 $ 4,657 $ 7,126 $ 9,113 $ 4,858 $ 7,915 
Total as a percent of financing receivables  3.4%  1.9%  2.9%  3.5%  1.9%  3.1%
                   

  • Included $1,476 million and $1,397 million at June 30, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
  • Included $1,654 million and $2,308 million at June 30, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
  • Included $991 million and $ 1,197 million of Consumer loans at June 30, 2014 and December 31, 2013, respectively, that are over 90 days past due and continue to accrue interest until the accounts are written off in the period that the account becomes 180 days past due.
  • Included $244 million and $324 million at June 30, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
Impaired Loans
 With no specific allowance With a specific allowance
  Recorded Unpaid Average  Recorded Unpaid   Average
 investment principal investment investment principal Associated investment
(In millions)in loans balance in loans in loans balance allowance in loans
                     
June 30, 2014                    
                     
Commercial                    
CLL                    
     Americas$ 1,806 $ 2,302 $ 1,756 $ 238 $ 336 $ 50 $ 304
International(a)  1,174   3,136   1,164   428   747   155   574
Total CLL  2,980   5,438   2,920   666   1,083   205   878
Energy Financial Services  1   1   6   76   76   15   35
GECAS  48   48   16   10   10   3   25
Other  -   -   1   -   -   -   1
Total Commercial(b)  3,029   5,487   2,943   752   1,169   223   939
                     
Real Estate(c)  2,337   2,668   2,626   654   803   38   879
                     
Consumer(d)  88   136   109   2,607   2,744   514   2,774
Total$ 5,454 $ 8,291 $ 5,678 $ 4,013 $ 4,716 $ 775 $ 4,592
                     

December 31, 2013                    
                     
Commercial                    
CLL                    
Americas$ 1,670 $ 2,187 $ 2,154 $ 417 $ 505 $ 96 $ 509
International(a)  1,104   3,082   1,136   691   1,059   231   629
Total CLL  2,774   5,269   3,290   1,108   1,564   327   1,138
Energy Financial Services  -   -   -   4   4   1   2
GECAS  -   -   -   -   -   -   1
Other  2   3   9   4   4   -   5
Total Commercial(b)  2,776   5,272   3,299   1,116   1,572   328   1,146
                     
Real Estate(c)  2,615   3,036   3,058   1,245   1,507   74   1,688
                     
Consumer(d)  109   153   98   2,879   2,948   567   3,058
                     
Total$ 5,500 $ 8,461 $ 6,455 $ 5,240 $ 6,027 $ 969 $ 5,892
                     

  • Write-offs to net realizable value are recognized against the allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible, but not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan. However, in accordance with regulatory standards that are applicable in Italy, commercial loans are considered uncollectible when there is demonstrable evidence of the debtor's insolvency, which may result in write-offs occurring beyond 360 days after initial recognition of a specific reserve.

(b)       We recognized $91 million, $218 million and $112 million of interest income, including none, $60 million and $36 million on a cash basis, in the six months ended June 30, 2014, the year ended December 31, 2013 and the six months ended June 30, 2013, respectively, principally in our CLL Americas business. The total average investment in impaired loans for the six months ended June 30, 2014 and the year ended December 31, 2013 was $3,882 million and $4,445 million, respectively.

(c)       We recognized $34 million, $187 million and $110 million of interest income, including none, $135 million and $90 million on a cash basis, in the six months ended June 30, 2014, the year ended December 31, 2013 and the six months ended June 30, 2013, respectively. The total average investment in impaired loans for the six months ended June 30, 2014 and the year ended December 31, 2013 was $3,505 million and $4,746 million, respectively.

(d)       We recognized $91 million, $221 million and $112 million of interest income, including $1 million, $3 million and $1 million on a cash basis, in the six months ended June 30, 2014, the year ended December 31, 2013 and the six months ended June 30, 2013, respectively, principally in our Consumer U.S. installment and revolving credit portfolios. The total average investment in impaired loans for the six months ended June 30, 2014 and the year ended December 31, 2013 was $2,883 million and $3,156 million, respectively.

 
Financing Receivables And Allowance For Losses
            
(In millions) Non-impaired financing receivables  General reserves  Impaired loans  Specific reserves
            
June 30, 2014           
            
Commercial$ 120,816 $ 669 $ 3,781 $ 223
Real Estate  16,808   124   2,991   38
Consumer  99,760   3,587   2,695   514
Total$ 237,384 $ 4,380 $ 9,467 $ 775
            
December 31, 2013           
            
Commercial$ 125,377 $ 677 $ 3,892 $ 328
Real Estate  16,039   118   3,860   74
Consumer  106,051   3,414   2,988   567
Total$ 247,467 $ 4,209 $ 10,740 $ 969
            
Commercial Portfolio Segment [Member]
  
Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]  
Credit Quality Indicators
 Secured
(In millions)A B C Total
            
June 30, 2014           
            
CLL           
   Americas$ 64,216 $ 1,403 $ 1,718 $ 67,337
 International  43,198   565   1,159   44,922
Total CLL  107,414   1,968   2,877   112,259
            
Energy Financial Services  2,645   60   42   2,747
            
GECAS  8,238   83   119   8,440
            
Other  138   -   -   138
Total$ 118,435 $ 2,111 $ 3,038 $ 123,584
            
December 31, 2013           
            
CLL           
   Americas$ 65,545 $ 1,587 $ 1,554 $ 68,686
International  44,930   619   1,237   46,786
Total CLL  110,475   2,206   2,791   115,472
            
Energy Financial Services  2,969   9   -   2,978
            
GECAS  9,175   50   152   9,377
            
Other  318   -   -   318
Total$ 122,937 $ 2,265 $ 2,943 $ 128,145
            
Commercial Real Estate Portfolio Segment [Member]
  
Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]  
Credit Quality Indicators
 Loan-to-value ratio
 June 30, 2014 December 31, 2013
 Less than 80% to Greater than Less than 80% to Greater than
(In millions)80% 95% 95% 80% 95% 95%
                  
Debt$15,944 $1,361 $1,558 $15,576 $1,300 $2,111
                  
Consumer Portfolio Segment [Member]
  
Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]  
Credit Quality Indicators
  Loan-to-value ratio
 June 30, 2014 December 31, 2013
 80% or Greater than Greater than 80% or Greater than Greater than
(In millions)less 80% to 90% 90% less 80% to 90% 90%
                  
Non-U.S. residential mortgages$16,706 $4,985 $7,903 $17,224 $5,130 $8,147
                  

  Refreshed FICO score
 June 30, 2014 December 31, 2013
 661 or 601 to 600 or 661 or 601 to 600 or
(In millions)higher 660 less higher 660 less
                  
U.S. installment and                 
    revolving credit$38,758 $10,612 $3,995 $40,079 $11,142 $4,633
                  

  Internal ratings translated to approximate credit bureau equivalent score
 June 30, 2014 December 31, 2013
 671 or 626 to 625 or 671 or 626 to 625 or
(In millions)higher 670 less higher 670 less
                  
Non-U.S. installment and                 
    revolving credit$6,173 $2,480 $2,129 $8,310 $2,855 $2,512
Non-U.S. auto 1,202  307  254  1,395  373  286