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Revenues From Services
3 Months Ended
Mar. 31, 2014
Financial Services Revenue [Abstract]  
Revenues From Services

9. REVENUES FROM SERVICES

       Three months ended March 31
(In millions)      2014 2013
            
Interest on loans      $4,256 $4,490
Equipment leased to others       2,661  2,529
Fees       1,114  1,130
Investment income       556  414
Financing leases       389  436
Associated companies(a)       373  173
Premiums earned by insurance activities       352  395
Real estate investments(b)       343  1,300
Other items       444  575
Total      $10,488 $11,442
            

  • Aggregate summarized financial information for significant associated companies assuming a 100% ownership interest is included total assets at March 31, 2014 and December 31, 2013 of $87,705 million and $84,305 million, respectively. Assets were primarily financing receivables of $47,348 million and $46,655 million at March 31, 2014 and December 31, 2013, respectively. Total liabilities were $60,651 million and $59,559 million, consisted primarily of bank deposits of $7,337 million and $5,876 million at March 31, 2014 and December 31, 2013, respectively, and debt of $40,542 million and $39,034 million at March 31, 2014 and December 31, 2013, respectively. Revenues for the three months ended March 31, 2014 and 2013 totaled $3,544 million and $4,010 million, respectively, and net earnings for the three months ended March 31, 2014 and 2013 totaled $437 million and $565 million, respectively.
  • During the three months ended March 31, 2013, we sold real estate comprising certain floors located at 30 Rockefeller Center, New York for a pre-tax gain of $902 million.