Shareowners' Equity

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note [Abstract]

Shareowners' Equity

8. SHAREOWNERS' EQUITY

Accumulated Other Comprehensive Income (Loss)
	Three months ended March 31
(In millions)		2014		2013
Investment securities
Beginning balance	$	309	$	673
Other comprehensive income (loss) (OCI) before reclassifications –
net of deferred taxes of $251 and $(34)		474		(56)
Reclassifications from OCI – net of deferred taxes of $7 and $94		10		122
Other comprehensive income (loss)(a)		484		66
Less: OCI attributable to noncontrolling interests		-		1
Ending balance	$	793	$	738
Currency translation adjustments (CTA)
Beginning balance	$	(687)	$	(131)
OCI before reclassifications – net of deferred taxes of $73 and $(191)		(86)		(9)
Reclassifications from OCI – net of deferred taxes of $124 and $(33)		2		17
Other comprehensive income (loss)(a)		(84)		8
Less: OCI attributable to noncontrolling interests		2		(4)
Ending balance	$	(773)	$	(119)
Cash flow hedges
Beginning balance	$	(293)	$	(746)
OCI before reclassifications – net of deferred taxes of $69 and $56		129		(97)
Reclassifications from OCI – net of deferred taxes of $(4) and $(42)		(61)		189
Other comprehensive income (loss)(a)		68		92
Less: OCI attributable to noncontrolling interests		-		-
Ending balance	$	(225)	$	(654)
Benefit plans
Beginning balance	$	(363)	$	(736)
Net actuarial gain (loss) – net of deferred taxes of $(8) and $18		(22)		2
Net actuarial loss amortization – net of deferred taxes of $2 and $3		4		11
Other comprehensive income (loss)(a)		(18)		13
Less: OCI attributable to noncontrolling interests		-		-
Ending balance	$	(381)	$	(723)
Accumulated other comprehensive income (loss) at March 31	$	(586)	$	(758)

• Total other comprehensive income (loss) was $450 million and $179million for the three months ended March 31, 2014 and 2013, respectively.

Reclassification out of AOCI
	Three months ended
	March 31				Statement of Earnings Caption
(In millions)	2014		2013
Available-for-sale securities
Realized gains (losses) on
sale/impairment of securities	$	(17)	$	(216)	Revenues from services
		7		94	Benefit (provision) for income taxes
	$	(10)	$	(122)	Net of tax
Currency translation adjustments
Gains (losses) on dispositions	$	(126)	$	16	Costs and expenses
		124		(33)	Benefit (provision) for income taxes
	$	(2)	$	(17)	Net of tax
Cash flow hedges
Gains (losses) on interest rate derivatives	$	(69)	$	(102)	Interest
Foreign exchange contracts		134		(45)	(a)
		65		(147)	Total before tax
		(4)		(42)	Benefit (provision) for income taxes
	$	61	$	(189)	Net of tax
Benefit plan items
Amortization of actuarial gains (losses)	$	(6)	$	(14)	Total before tax(b)
		2		3	Benefit (provision) for income taxes
	$	(4)	$	(11)	Net of tax
Total reclassification adjustments	$	45	$	(339)	Net of tax

• Includes Included$134 million and $(33) million in revenues from services andan insignificant amount and $(12) millionin interest for the three months ended March 31, 2014 and 2013, respectively.
• Amortization of actuarial gains and losses out of AOCI are included in the computation of net periodic pension costs.

Noncontrolling Interests

	Three months ended March 31
(In millions)		2014		2013
Beginning balance	$	432	$	707
Net earnings		11		11
Dividends		0		(16)
Dispositions		0		(104)
Other (including AOCI)		(3)		(11)
Ending balance	$	440	$	587

Other

We paid quarterly dividends of $500million and no special dividends to GE in the threemonths ended March 31, 2014. There were no dividends paid to GE in the three months ended March 31, 2013.