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Revenues from Services (Tables)
3 Months Ended
Mar. 31, 2013
Financial Services Revenue [Abstract]  
Revenues from services
       Three months ended March 31,
(In millions)      2013 2012
            
Interest on loans      $4,546 $4,858
Equipment leased to others       2,529  2,643
Fees       1,135  1,160
Investment income       414  667
Financing leases       436  534
Associated companies(a)       173  270
Premiums earned by insurance activities       395  445
Real estate investments(b)       1,300  356
Other items       581  377
Total      $11,509 $11,310
            
            

  • Aggregate summarized financial information for significant associated companies assuming a 100% ownership interest included total assets at March 31, 2013 and December 31, 2012 of $111,597 million and $110,695 million, respectively. Assets were primarily financing receivables of $67,619 million and $66,878 million at March 31, 2013 and December 31, 2012, respectively. Total liabilities were $82,377 million and $81,784 million, consisted primarily of bank deposits of $28,458 million and $26,386 million at March 31, 2013 and December 31, 2012, respectively, and debt of $41,491 million and $42,664 million at March 31, 2013 and December 31, 2012, respectively. Revenues for the three months ended March 31, 2013 and 2012 totaled $4,010 million and $4,490 million, respectively, and net earnings for the three months ended March 31, 2013 and 2012 totaled $565 million and $529 million, respectively.

(b)       During the three months ended March 31, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.