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

12 Months Ended

Dec. 31, 2014

Assets and Liabilities of Businesses Held For Sale and Discontinued Operations [Abstract]

Businesses held for sale

FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE
December 31 (In millions)	2014		2013
Assets
Cash and equivalents	$	676	$	5
Investment securities		448		7
Financing receivables – net		2,144		-
Goodwill		106		24
Intangible assets – net		13		2
Other		87		12
Assets of businesses held for sale	$	3,474	$	50
Liabilities
Bank deposits	$	1,931	$	-
Other		503		6
Liabilities of businesses held for sale	$	2,434	$	6

Financial Information For Businesses Held For Sale [Line Items]

Rollfoward of WMC's reserve and pending claims for WMC representation and warranty obligations

ROLLFORWARD OF THE RESERVE
December 31 (In millions)		2014		2013
Balance, beginning of period	$	800	$	633
Provision		365		354
Claim resolutions / rescissions		(356)		(187)
Balance, end of period	$	809	$	800

Financial Information

FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
(In millions)	2014		2013		2012
Operations
Total revenues (loss)	$	(268)	$	186	$	190
Earnings (loss) from discontinued operations before income taxes	$	(349)	$	(484)	$	(585)
Benefit (provision) for income taxes		227		211		198
Earnings (loss) from discontinued operations, net of taxes	$	(122)	$	(273)	$	(387)
Disposal
Gain (loss) on disposal before income taxes	$	14	$	(2,027)	$	(792)
Benefit (provision) for income taxes		1		246		49
Gain (loss) on disposal, net of taxes	$	15	$	(1,781)	$	(743)
Earnings (loss) from discontinued operations, net of taxes	$	(107)	$	(2,054)	$	(1,130)

December 31 (In millions)	2014		2013
Assets
Cash and equivalents	$	133	$	232
Financing receivables – net		-		711
Other		1,092		1,387
Assets of discontinued operations	$	1,225	$	2,330
Liabilities
Deferred income taxes	$	238	$	250
Other		850		3,540
Liabilities of discontinued operations	$	1,088	$	3,790

FINANCIAL INFORMATION FOR WMC
(In millions)		2014		2013		2012
Total revenues (loss)	$	(291)	$	(346)	$	(500)
Earnings (loss) from discontinued operations, net of taxes	$	(199)	$	(232)	$	(337)

FINANCIAL INFORMATION FOR CONSUMER RUSSIA
(In millions)		2014		2013		2012
Total revenues (loss)	$	24	$	260	$	276
Gain (loss) on disposal, net of taxes	$	4	$	(170)	$	-
Earnings (loss) from discontinued operations, net of taxes	$	(2)	$	(193)	$	33

FINANCIAL INFORMATION FOR CLL TRAILER SERVICES
(In millions)		2014		2013		2012
Total revenues (loss)	$	1	$	271	$	399
Gain (loss) on disposal, net of taxes	$	12	$	18	$	-
Earnings (loss) from discontinued operations, net of taxes	$	37	$	(2)	$	22

GE Money Japan [Member]

Financial Information For Businesses Held For Sale [Line Items]

Financial Information

FINANCIAL INFORMATION FOR GE MONEY JAPAN
(In millions)		2014		2013		2012
Earnings (loss) from discontinued operations, net of taxes	$	59	$	(1,636)	$	(649)

Consumer Ireland [Member]

Financial Information For Businesses Held For Sale [Line Items]

Financial Information

FINANCIAL INFORMATION FOR CONSUMER IRELAND
(In millions)		2014		2013		2012
Total revenues (loss)	$	-	$	-	$	7
Gain (loss) on disposal, net of taxes	$	1	$	6	$	(121)
Earnings (loss) from discontinued operations, net of taxes	$	1	$	6	$	(195)