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Revenues from Services (Tables)
 6 Months Ended
Jun. 30, 2013
Financial Services Revenue [Abstract]  
Revenues from services
  Three months ended June 30, Six months ended June 30,
(In millions) 2013 2012 2013 2012
             
Interest on loans $4,477 $4,762 $9,023 $9,620
Equipment leased to others  2,433  2,546  4,962  5,189
Fees  1,166  1,160  2,300  2,320
Investment income(a)  574  668  988  1,335
Financing leases  389  529  825  1,063
Associated companies(b)  274  425  446  695
Premiums earned by insurance activities  410  416  806  861
Real estate investments(c)  508  382  1,808  738
Other items(a)  718  440  1,300  817
Total $10,949 $11,328 $22,458 $22,638
             
             

  • Included net other-than-temporary impairments on investment securities, of which $96 million related to the impairment of an investment in a Brazilian company that was fully offset by the benefit of a guarantee provided by GE reflected as a component in other items for both the three and six months ended June 30, 2013.
  • Aggregate summarized financial information for significant associated companies assuming a 100% ownership interest included total assets at June 30, 2013 and December 31, 2012 of $111,041 million and $110,695 million, respectively. Assets were primarily financing receivables of $68,280 million and $66,878 million at June 30, 2013 and December 31, 2012, respectively. Total liabilities were $83,107 million and $81,784 million, consisted primarily of bank deposits of $28,510 million and $26,386 million at June 30, 2013 and December 31, 2012, respectively, and debt of $41,059 million and $42,664 million at June 30, 2013 and December 31, 2012, respectively. Revenues for the three months ended June 30, 2013 and 2012 totaled $4,503 million and $4,702 million, respectively, and net earnings for the three months ended June 30, 2013 and 2012 totaled $795 million and $772 million, respectively. Revenues for the six months ended June 30, 2013 and 2012 totaled $8,513 million and $9,192 million, respectively, and net earnings for the six months ended June 30, 2013 and 2012 totaled $1,360 million and $1,301 million, respectively.
  • During the six months ended June 30, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.