Financing Receivables and Allowance For Losses On Financing Receivables (Tables)

3 Months Ended

Mar. 31, 2013

Financing Receivables And Allowance For Losses On Financing Receivables [Abstract]

Schedule of Financing Receivables

	March 31,		December 31,
(In millions)	2013		2012
Loans, net of deferred income(a)	$	232,456	$	241,465
Investment in financing leases, net of deferred income		31,227		32,471
		263,683		273,936
Less allowance for losses		(5,359)		(4,985)
Financing receivables – net(b)	$	258,324	$	268,951

• Deferred income was $1,945 million and $2,182 million at March 31, 2013and December 31, 2012, respectively.
• Financing receivables at March 31, 2013 and December 31, 2012 included $699 million and $750 million, respectively, relating toloans that had been acquired in a transfer but have been subject to credit deterioration since origination per ASC 310, Receivables.

Financing receivables

	March 31,		December 31,
(In millions)	2013		2012
Commercial
CLL
Americas	$	72,318	$	72,517
Europe		35,435		37,035
Asia		10,158		11,401
Other		534		605
Total CLL		118,445		121,558
Energy Financial Services		4,734		4,851
GECAS		10,557		10,915
Other		456		486
Total Commercial		134,192		137,810
Real Estate		19,733		20,946
Consumer
Non-U.S. residential mortgages		31,689		33,451
Non-U.S. installment and revolving credit		18,050		18,546
U.S. installment and revolving credit		48,523		50,853
Non-U.S. auto		3,937		4,260
Other		7,559		8,070
Total Consumer		109,758		115,180
Total financing receivables		263,683		273,936
Less allowance for losses		(5,359)		(4,985)
Total financing receivables – net	$	258,324	$	268,951

Schedule of allowance for losses

	Balance at		Provision											Balance at
	January 1,		charged to					Gross						March 31,
(In millions)	2013		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2013
Commercial
CLL
Americas	$	490	$	74	$	(1)		$	(103)		$	30		$	490
Europe		445		83		(5)			(132)			20			411
Asia		80		11		(5)			(18)			4			72
Other		6		(3)		0			0			0			3
Total CLL		1,021		165		(11)			(253)			54			976
Energy Financial Services		9		(1)		0			0			0			8
GECAS		8		(1)		0			0			0			7
Other		3		0		0			(1)			0			2
Total Commercial		1,041		163		(11)			(254)			54			993
Real Estate		320		(20)		(6)			(29)			0			265
Consumer
Non-U.S. residential
mortgages		480		56		(16)			(55)			12			477
Non-U.S. installment
and revolving credit		623		211		(15)			(252)			145			712
U.S. installment and
revolving credit		2,282		1,014		(50)			(744)			163			2,665
Non-U.S. auto		67		17		(5)			(30)			17			66
Other		172		47		7			(52)			7			181
Total Consumer		3,624		1,345		(79)			(1,133)			344			4,101
Total	$	4,985	$	1,488	$	(96)		$	(1,416)		$	398		$	5,359

• Other primarily included the effects of currency exchange.
• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.

	Balance at		Provision											Balance at
	January 1,		charged to					Gross						March 31,
(In millions)	2012		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2012
Commercial
CLL
Americas	$	889	$	66	$	(20)		$	(156)		$	23		$	802
Europe		400		83		1			(45)			19			458
Asia		157		11		(5)			(56)			5			112
Other		4		0		0			(2)			0			2
Total CLL		1,450		160		(24)			(259)			47			1,374
Energy Financial Services		26		(1)		0			0			0			25
GECAS		17		(3)		0			0			0			14
Other		37		2		(19)			0			0			20
Total Commercial		1,530		158		(43)			(259)			47			1,433
Real Estate		1,089		38		(12)			(188)			2			929
Consumer
Non-U.S. residential
mortgages		546		29		8			(103)			18			498
Non-U.S. installment
and revolving credit		717		124		28			(273)			130			726
U.S. installment and
revolving credit		2,008		478		0			(772)			131			1,845
Non-U.S. auto		101		10		(6)			(41)			24			88
Other		199		26		16			(66)			20			195
Total Consumer		3,571		667		46			(1,255)			323			3,352
Total	$	6,190	$	863	$	(9)		$	(1,702)		$	372		$	5,714

• Other primarily included transfers to held for sale and the effects of currency exchange.
• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.