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

6 Months Ended

Jun. 30, 2013

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

Schedule of Financing Receivables

	June 30,		December 31,
(In millions)	2013		2012
Loans, net of deferred income(a)	$	231,672	$	241,465
Investment in financing leases, net of deferred income		30,708		32,471
		262,380		273,936
Less allowance for losses		(5,288)		(4,985)
Financing receivables – net(b)	$	257,092	$	268,951

• Deferred income was $1,963 million and $2,182 million at June 30, 2013and December 31, 2012, respectively.
• Financing receivables at June 30, 2013 and December 31, 2012 included $657 million and $750 million, respectively, relating toloans that had been acquired in a transfer but have been subject to credit deterioration since origination.

Financing receivables

	June 30,		December 31,
(In millions)	2013		2012
Commercial
CLL
Americas	$	70,499	$	72,517
Europe		35,839		37,035
Asia		9,907		11,401
Other		506		605
Total CLL		116,751		121,558
Energy Financial Services		4,671		4,851
GECAS		9,998		10,915
Other		425		486
Total Commercial		131,845		137,810
Real Estate		19,621		20,946
Consumer
Non-U.S. residential mortgages		31,784		33,451
Non-U.S. installment and revolving credit		17,620		18,546
U.S. installment and revolving credit		50,155		50,853
Non-U.S. auto		3,808		4,260
Other		7,547		8,070
Total Consumer		110,914		115,180
Total financing receivables		262,380		273,936
Less allowance for losses		(5,288)		(4,985)
Total financing receivables – net	$	257,092	$	268,951

Schedule of allowance for losses

	Balance at		Provision											Balance at
	January 1,		charged to					Gross						June 30,
(In millions)	2013		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2013
Commercial
CLL
Americas	$	490	$	182	$	(1)		$	(249)		$	58		$	480
Europe		445		146		1			(304)			41			329
Asia		80		39		(7)			(47)			7			72
Other		6		(3)		0			(3)			0			0
Total CLL		1,021		364		(7)			(603)			106			881
Energy Financial Services		9		(1)		0			0			0			8
GECAS		8		3		0			0			0			11
Other		3		0		0			(1)			0			2
Total Commercial		1,041		366		(7)			(604)			106			902
Real Estate		320		(19)		(3)			(65)			2			235
Consumer
Non-U.S. residential
mortgages		480		125		(1)			(113)			26			517
Non-U.S. installment
and revolving credit		623		279		(32)			(498)			291			663
U.S. installment and
revolving credit		2,282		1,660		(50)			(1,464)			286			2,714
Non-U.S. auto		67		24		(5)			(62)			38			62
Other		172		82		9			(103)			35			195
Total Consumer		3,624		2,170		(79)			(2,240)			676			4,151
Total	$	4,985	$	2,517	$	(89)		$	(2,909)		$	784		$	5,288

• 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						June 30,
(In millions)	2012		operations		Other		(a)	write-offs		(b)	Recoveries		(b)	2012
Commercial
CLL
Americas	$	889	$	57	$	(30)		$	(306)		$	52		$	662
Europe		400		158		(15)			(95)			36			484
Asia		157		13		(3)			(89)			9			87
Other		4		0		(1)			(2)			0			1
Total CLL		1,450		228		(49)			(492)			97			1,234
Energy Financial Services		26		10		0			(24)			0			12
GECAS		17		26		0			(11)			0			32
Other		37		5		(20)			(10)			0			12
Total Commercial		1,530		269		(69)			(537)			97			1,290
Real Estate		1,089		45		(15)			(339)			7			787
Consumer
Non-U.S. residential
mortgages		546		65		(2)			(165)			37			481
Non-U.S. installment
and revolving credit		717		220		(8)			(543)			279			665
U.S. installment and
revolving credit		2,008		937		(5)			(1,488)			272			1,724
Non-U.S. auto		101		15		(9)			(77)			49			79
Other		199		55		8			(124)			41			179
Total Consumer		3,571		1,292		(16)			(2,397)			678			3,128
Total	$	6,190	$	1,606	$	(100)		$	(3,273)		$	782		$	5,205

• 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.