Exhibit 12(b)

General Electric Capital Corporation

and consolidated affiliates

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

	Year ended December 31
(Dollars in millions)	2005			2004			2003			2002			2001
Earnings from continuing operations	$	8,666		$	7,818		$	6,070		$	5,339		$	4,716
Provision for income taxes		940			1,410			1,103			652			1,093
Minority interest		155			159			82			89			78
Earnings from continuing operations before
income taxes and minority interest		9,761			9,387			7,255			6,080			5,887
Fixed Charges:
Interest		14,252			11,062			9,846			9,391			9,998
One-third of rentals(a)		330			308			275			300			307
Total fixed charges		14,582			11,370			10,121			9,691			10,305
Less interest capitalized, net of amortization		(72	)		(37	)		(23	)		(38	)		(88	)
Earnings from continuing operations
before income taxes and minority
interest plus fixed charges	$	24,271		$	20,720		$	17,353		$	15,733		$	16,104
Preferred stock dividend requirements	$	56		$	45		$	41		$	57		$	80
Ratio of earnings before provision for income
taxes to earnings from continuing operations		1.11			1.18			1.18			1.12			1.23
Preferred stock dividend factor
on pre-tax basis		62			53			48			64			98
Fixed charges		14,582			11,370			10,121			9,691			10,305
Total fixed charges and preferred stock
dividend requirements	$	14,644		$	11,423		$	10,169		$	9,755		$	10,403
Ratio of earnings to combined fixed charges
and preferred stock dividends		1.66			1.81			1.71			1.61			1.55

(a) Considered to be representative of interest factor in rental expense.