Exhibit 12

General Electric Capital Corporation and consolidated affiliates

Computation of Ratio of Earnings to Fixed Charges

Nine months ended September 30, 2011

(Unaudited)

	Ratio of
	earnings to
	fixed charges
(Dollars in millions)
Earnings(a)	$	5,618
Plus:
Interest included in expense(b)		10,721
One-third of rental expense(c)		153
Adjusted “earnings”	$	16,492
Fixed charges:
Interest included in expense(b)	$	10,721
Interest capitalized		19
One-third of rental expense(c)		153
Total fixed charges	$	10,893
Ratio of earnings to fixed charges		1.51

(a)   Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.

(b)   Included interest on tax deficiencies.

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