XML 13 R3.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Statement of Financial Position (Unaudited) (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Assets  
Cash and equivalents$ 82,391$ 59,538
Investment securities (Note 3)17,36217,952
Inventories4466
Financing receivables - net (Notes 4 and 12)293,737312,234
Other receivables13,21113,674
Property, plant and equipment, less accumuatled amorizations of $24,291 and $25,39052,30953,747
Goodwill (Note 5)27,72627,508
Other intangible assets - net (Note 5)1,7021,874
All other assets79,74379,045
Assets of businesses held for sale (Note 2)3,0503,127
Assets of discontinued operations (Note 2)1,46112,375
Total assets(a)572,736[1]581,140[1]
Liabilities and equity  
Short-term borrowings (Note 6)121,733113,646
Accounts payable7,8356,839
Non-recourse borrowings of consolidated securitization entities (Note 6)29,02230,018
Bank deposits (Note 6)41,51537,298
Long-term borrowings (Note 6)259,332284,346
Investment contracts, insurance liabilities and insurance annuity benefits4,8595,779
Other liabilities21,98320,287
Deferred income taxes3,0916,109
Liabilities of businesses held for sale (Note 2)1,813592
Liabilities of discontinued operations (Note 2)1,2612,181
Total liabilities(b)492,444[1]507,095[1]
Capital Stock5656
Accumulated other comprehensive income - net(b)  
Investment securities(676)[2](337)[2]
Currency translation adjustments138[2](1,541)[2]
Cash flow hedges(1,711)[2](1,347)[2]
Benefit plans(353)[2](380)[2]
Additional paid-in capital28,46228,463
Retained earnings53,17147,967
Total Company shareowners' equity79,08772,881
Noncontrolling interests(c)1,205[3]1,164[3]
Total equity80,29274,045
Total liabilities and equity$ 572,736$ 581,140
[1](a) Our consolidated assets at September 30, 2011 include total assets of $43,259 million of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs. These assets include net financing receivables of $36,170 million and investment securities of $4,624 million. Our consolidated liabilities at September 30, 2011 include liabilities of certain VIEs for which the VIE creditors do not have recourse to GECC. These liabilities include non-recourse borrowings of consolidated securitization entities (CSEs) of $28,522 million. See Note 13.
[2](b) The sum of accumulated other comprehensive income − net was $(2,602) million and $(3,605) million at September 30, 2011 and December 31, 2010, respectively.
[3](c) Included accumulated other comprehensive income − net attributable to noncontrolling interests of $(150) million and $(137) million at September 30, 2011 and December 31, 2010, respectively.