Other Assets (Tables)

12 Months Ended

Dec. 31, 2013

Other Assets [Abstract]

All Other Assets

December 31 (In millions)	2013		2012
Investments
Real estate(a)(b)	$	16,163	$	25,154
Associated companies		17,348		19,119
Assets held for sale(c)		2,571		4,194
Cost method(b)		1,462		1,665
Other		930		1,446
		38,474		51,578
Derivative instruments		1,117		3,557
Advances to suppliers		2,328		1,805
Deferred borrowing costs		867		940
Deferred acquisition costs(d)		29		46
Other		4,551		4,260
Total	$	47,366	$	62,186

• Our investment in real estate consisted principally of two categories: real estate held for investment and equity method investments. Both categories contained a wide range of properties including the following at December 31, 2013: office buildings (52%), apartment buildings (14%), retail facilities (9%),industrial properties (7%), franchise properties (3%)and other (15%). At December 31, 2013, investments were located in the Americas (41%), Europe (35%) and Asia (24%).
• The fair value of and unrealized loss on cost method investments in a continuous loss position for less than 12 months at December 31, 2013, were $17 million and aninsignificant amount, respectively. There were no cost method investments in a continuous loss position for 12 months or more at December 31, 2013. The fair value of and unrealized loss on cost method investments in a continuous loss position for less than 12 months at December 31, 2012, were $142 million and $37 million, respectively. The fair value of and unrealized loss on cost method investments in a continuous loss position for 12 months or more at December 31, 2012, were $2 million and an insignificant amount, respectively.
• Assets were classified as held for sale on the date a decision was made to dispose of them through sale or other means. At December 31, 2013 and 2012, such assets consisted primarily of loans, aircraft, equipment and real estate properties, and were accounted for at the lower of carrying amount or estimated fair value less costs to sell. These amounts are net of valuation allowances of $127 million and $200 million atDecember 31, 2013 and 2012, respectively.
• Balances at December 31, 2013 and 2012reflectadjustments of $700 million and $764 million, respectively, to deferred acquisition costs in our run-off insurance operations to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been realized.