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Businesses Held For Sale, Financing Receivables Held for Sale and Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2015
Businesses Held For Sale, Financing Receivables Held for Sale and Discontinued Operations [Abstract]  
Businesses held for sale
FINANCIAL INFORMATION FOR ASSETS AND LIABILITIES OF BUSINESSES HELD FOR SALE
(In millions)September 30, 2015  December 31, 2014
 
Assets
Cash and equivalents$299  $676
Investment securities-448
Financing receivables – net  4,141    2,144
Property, plant and equipment – net1537
Goodwill 366 106
Other intangible assets – net7313
Other  23    50
Assets of businesses held for sale$4,917  $3,474
       
Liabilities 
Short-term borrowings$27$435
Bank deposits-1,931
Deferred income taxes(123)(31)
Other 356 99
Liabilities of businesses held for sale$260 $2,434

FINANCING RECEIVABLES HELD FOR SALE
(in millions)September 30, 2015December 31, 2014
Commercial
CLL$833$357
Energy Financial Services-35
GE Capital Aviation Services (GECAS)1427
Other105-
Total Commercial952419
Consumer22,713(a)359
Total financing receivables held for sale$23,665$778

(a) Over 30 days past due and nonaccrual financing receivables related to consumer financing receivables held for sale were $1,060 million and $634 million, respectively.

Financial Information for Discontinued Operations [Line Items]  
Financial Information
FINANCIAL INFORMATION FOR DISCONTINUED OPERATIONS
Three months ended September 30Nine months ended September 30
(In millions)2015201420152014
Operations
Total revenues (loss)$2,756$4,033$9,536$11,946
Earnings (loss) from discontinued operations before income taxes$1,060$666$203$2,062
Benefit (provision) for income taxes(420)4033(7)
Earnings (loss) from discontinued operations, net of taxes$640$706$236$2,055
Disposal
Gain (loss) on disposal before income taxes$(2,616)$-$(9,652)$14
Benefit (provision) for income taxes1,629-(916)1
Gain (loss) on disposal, net of taxes$(987)$-$(10,568)$15
Earnings (loss) from discontinued operations, net of taxes$(347)$706$(10,332)$2,070

(In millions)September 30, 2015December 31, 2014
Assets
Cash and equivalents$11,226$5,414
Investment securities8,17910,006
Financing receivables – net11,622114,561
Other receivables1,4702,183
Property, plant and equipment – net12,08418,051
Goodwill9,86713,569
Other intangible assets - net44301
Deferred income taxes2,3892,920
Financing receivables held for sale65,3903,116
Valuation allowance on disposal group classified as held for sale(7,650)-
Other7,32016,803
Assets of discontinued operations$121,940$186,924
Liabilities
Short-term borrowings$820$1,125
Accounts payable3,8843,770
Non-recourse borrowings8,07210,569
Bank deposits18,34818,998
Long-term borrowings3161,182
All other liabilities9,5957,610
Deferred income taxes2,6085,403
Liabilities of discontinued operations$43,642$48,657
CLL [Member]  
Financial Information for Discontinued Operations [Line Items]  
Financial Information
FINANCIAL INFORMATION FOR COMMERCIAL LENDING AND LEASING
Three months ended September 30Nine months ended September 30
(In millions)2015201420152014
Operations
Total revenues (loss)$2,691$3,370 $8,664$9,998
Interest$(576)$(762)$(1,919)$(2,324)
Operating and administrative(900)(942)(2,905)(2,732)
Depreciation and amortization-(988)(1,768)(2,923)
Provision for losses on financing receivables13(87)(1,744)(294)
Earnings (loss) from discontinued operations, before income taxes   1,228591 3281,725
Benefit (provision) for income taxes (484) (108) (169) (326)
Earnings (loss) from discontinued operations, net of taxes$744$483 $159$1,399
Disposal
Gain (loss) on disposal before income taxes$(2,834)$- $(8,059)$-
Benefit (provision) for income taxes 1,629 - (298) -
Gain (loss) on disposal, net of taxes$(1,205)$- $(8,357)$-
Earnings (loss) from discontinued operations, net of taxes(a)$(461)$483 $(8,198)$1,399

(a) Earnings (loss) from discontinued operations attributable to GECC, before income taxes, was $(1,608) million and $589 million for the three months ended September 30, 2015 and 2014, respectively, and $(7,736) million and $1,710 million for the nine months ended September 30, 2015 and 2014, respectively.

Real Estate [Member]  
Financial Information for Discontinued Operations [Line Items]  
Financial Information
FINANCIAL INFORMATION FOR REAL ESTATE
Three months ended September 30Nine months ended September 30
(In millions)2015201420152014
Operations
Total revenues (loss)$81$698 $893$1,992
Interest$(64)$(270)$(437)$(817)
Operating and administrative(156)(213)(464)(563)
Depreciation and amortization-(82)(62)(252)
Provision for losses on financing receivables-(12)492
Earnings (loss) from discontinued operations,
before income taxes   (139)121 (65)452
Benefit (provision) for income taxes 53 55 95 251
Earnings (loss) from discontinued operations, net of taxes$(86)$176 $30$703
Disposal
Gain (loss) on disposal before income taxes$218$- $(1,593)$-
Benefit (provision) for income taxes - - (618) -
Gain (loss) on disposal, net of taxes$218$- $(2,211)$-
Earnings (loss) from discontinued operations, net of taxes(a)$132$176 $(2,181)$703

(a) Earnings (loss) from discontinued operations attributable to GECC, before income taxes, was $81 million and $120 million for the three months ended September 30, 2015 and 2014, respectively, and $(1,658) million and $452 million for the nine months ended September 30, 2015 and 2014, respectively.

WMC Discontinued Operations [Member]  
Financial Information for Discontinued Operations [Line Items]  
Rollfoward of WMC's reserve and pending claims for WMC representation and warranty obligations
ROLLFORWARD OF THE RESERVE
Three months ended September 30Nine months ended September 30
(In millions)2015 20142015 2014
Balance, beginning of period$825 $549$809 $800
Provision284046142
Claim resolutions / rescissions (21) (1) (23) (354)
Balance, end of period$832 $588$832 $588
Financial Information
FINANCIAL INFORMATION FOR WMC
Three months ended September 30Nine months ended September 30
(In millions)2015201420152014
Total revenues (loss)$(22)$(34)$(26)$(70)
Earnings (loss) from discontinued operations, net of taxes$(21)$(25)$(37)$(57)