Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2013

	Depreciable
	lives-new
December 31 (Dollars in millions)	(in years)			2013		2012

Original cost(b)
Land and improvements, buildings, structures and
related equipment		1-35	(a)	$	2,504	$	2,485
Equipment leased to others
Aircraft (c)		20			50,337		49,954
Vehicles		1-20			14,656		15,952
Railroad rolling stock		4-50			4,636		4,180
Construction and manufacturing		1-30			2,916		3,055
All other		7-27			3,518		3,427
Total				$	78,567	$	79,053

Net carrying value(b)
Land and improvements, buildings, structures and
related equipment				$	1,025	$	999
Equipment leased to others
Aircraft(c)					34,938		36,231
Vehicles					8,312		8,634
Railroad rolling stock					3,129		2,744
Construction and manufacturing					1,955		2,069
All other					2,248		2,290
Total				$	51,607	$	52,967

Depreciable lives exclude land.
Included $1,353 million and $1,466 million of original cost of assets leased to GE with accumulated amortization of $342 million and $451 million at December 31, 2013 and 2012, respectively.
GECAS recognized impairment losses of $732 million and $242 million in 2013 and 2012, respectively. These losses are recorded in the caption “Depreciation and amortization” in the Statement of Earnings to reflect adjustments to fair value based on an evaluation of average current market values (obtained from third parties) of similar type and age aircraft, which are adjusted for the attributes of the specific aircraft under lease.