Borrowings and Bank Deposits (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Borrowings

Short-term Borrowings		2013				2012
				Average				Average
December 31 (Dollars in millions)		Amount		rate(a)		Amount		rate(a)
Commercial paper
U.S.		$	24,877	0.18	%	$	33,686	0.22	%
Non-U.S.			4,168	0.33			9,370	0.92
Current portion of long-term
borrowings(b)(c)(d)			39,215	2.70			44,264	2.85
GE Interest Plus notes(e)			8,699	1.11			8,189	1.20
Other(c)			339				431
Total short-term borrowings		$	77,298			$	95,940
Long-term Borrowings		2013				2012
				Average				Average
December 31 (Dollars in millions)	Maturities		Amount	rate(a)			Amount	rate(a)
Senior unsecured notes(b)	2015-2054	$	186,433	2.97	%	$	199,646	2.95	%
Subordinated notes(d)	2021-2037		4,821	3.93			4,965	2.92
Subordinated debentures(f)(g)	2066-2067		7,462	5.64			7,286	5.78
Other(c)			11,563				12,879
Total long-term borrowings		$	210,279			$	224,776
Non-recourse borrowings of
securitization consolidated
entities (h)	2014-2019	$	30,124	1.05		$	30,123	1.12
Bank deposits(i)		$	53,361			$	46,200
Total borrowings and bank
deposits		$	371,062			$	397,039

• Based on year-end balances and year-end local currency effective interest rates, including the effects from hedging.
• Included in total long-term borrowings were $481 million and $604million of obligations to holders of GICs at December 31, 2013 and 2012, respectively. These obligations included conditions under which certain GIC holders could require immediate repayment of their investment should the long-term credit ratings of GECC fall below AA-/Aa3. Following the April 3, 2012 Moody's downgrade of GECC's long-term credit rating to A1, substantially all of these GICs became redeemable by their holders. In 2012, holders of $386million in principal amount of GICs redeemed their holdings and GECC made related cash payments. The remaining outstanding GICs will continue to be subject to their scheduled maturities and individual terms, which may include provisions permitting redemption upon a downgrade of one or more of GECC's ratings, among other things.
• Included $9,468 million and $9,757millionof funding secured by real estate, aircraft and other collateral at December 31, 2013 and 2012, respectively, of which $2,868million and $3,294million is non-recourse to GECC at December 31, 2013 and 2012, respectively.
• Included $300 million of subordinated notes guaranteed by GE at both December 31, 2013 and 2012.
• Entirely variable denomination floating-rate demand notes.
• Subordinated debentures receive rating agency equity credit and were hedged at issuance to the U.S. dollar equivalent of $7,725million.
• Includes $2,981 million of subordinated debentures, which constitute the sole assets of trusts who have issued trust preferred securitiesand where GECC owns 100% of the common securities of the trusts. Obligations associated with these trusts are fully and unconditionally guaranteed by GECC.
• Included at December 31, 2013and 2012 were$9,047million and $7,707millionof current portion of long-term borrowings, respectively, and $21,077million and $22,416 million of long-term borrowings, respectively. See Note 16.
• Included $13,614million and $15,896million of deposits in non-U.S. banks at December 31, 2013 and 2012, respectively, and $18,275million and $17,291millionof certificates of deposits with maturities greater than one year at December 31, 2013 and 2012, respectively.

Long-Term Debt Maturities

(In millions)	2014			2015		2016		2017		2018
	$	39,215	(a)	$	39,672	$	31,987	$	25,866	$	18,183

(a)       Fixed and floating rate notes of $443 million contain put options with exercise dates in 2014, and which have final maturity beyond 2018.