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

6 Months Ended

Jun. 30, 2012

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

Businesses held for sale

	June 30,		December 31,
(In millions)	2012		2011
Assets
Cash and equivalents	$	135	$	149
Financing receivables – net		2,794		412
Property, plant and equipment – net		56		81
All other		54		69
Assets of businesses held for sale	$	3,039	$	711
Liabilities
Short-term borrowings	$	223	$	252
All other		60		93
Liabilities of businesses held for sale	$	283	$	345

Discontinued Operations

	Three months ended June 30,				Six months ended June 30,
(In millions)	2012		2011		2012		2011
Operations
Total revenues	$	(349)	$	124	$	(350)	$	331
Earnings (loss) from discontinued operations before income taxes	$	(380)	$	(38)	$	(438)	$	(38)
Benefit (provision) for income taxes		121		37		127		33
Earnings (loss) from discontinued operations, net of taxes	$	(259)	$	(1)	$	(311)	$	(5)
Disposal
Gain (loss) on disposal before income taxes	$	(308)	$	(52)	$	(502)	$	(41)
Benefit (provision) for income taxes		14		248		43		276
Gain (loss) on disposal, net of taxes	$	(294)	$	196	$	(459)	$	235
Earnings (loss) from discontinued operations, net of taxes	$	(553)	$	195	$	(770)	$	230

	June 30,		December 31,
(In millions)	2012		2011
Assets
Cash and equivalents	$	113	$	121
Financing receivables - net		234		521
Other		1,134		1,027
Assets of discontinued operations	$	1,481	$	1,669
Liabilities
Deferred income taxes	$	231	$	207
Other		1,552		1,264
Liabilities of discontinued operations	$	1,783	$	1,471