8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 16, 2010
	General Electric Capital Corporation
	(Exact name of registrant as specified in its charter)
Delaware		1-6461	13-1500700
(State or other jurisdiction of incorporation)		(Commission File Number)	(IRS Employer Identification No.)
901 Main Avenue, Norwalk, Connecticut			06851-1168
(Address of principal executive offices)			(Zip Code)
Registrant’s telephone number, including area code   (203) 840-6300
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

(1)

Item 8.01 Other Events.

On April 16, 2010, our ultimate parent, General Electric Company, issued a press release setting forth GE’s first-quarter earnings. Attached hereto as Exhibit 99 and hereby incorporated by reference is a schedule of selected financial information related to the results of operation for the three months ended March 31, 2010 and financial position at March 31, 2010 of General Electric Capital Corporation.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibit is being filed as part of this report:

Exhibit Description

99 Selected financial information of General Electric Capital Corporation

(2)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	General Electric Capital Corporation
	(Registrant)
Date: April 16, 2010	/s/ Jamie S. Miller
	Jamie S. Miller
	Senior Vice President and Controller

(3)

EX-99

Exhibit 99

General Electric Capital Corporation

Condensed Statement of Earnings

	Three months ended March 31
(In millions, Unaudited)		2010		2009	V	%
Revenues
Revenues from services	$	12,050	$	13,502
Sales of goods		281		273
Total revenues		12,331		13,775	(10)%
Costs and expenses
Costs of sales, operating and administrative expenses		5,866		6,306
Interest		3,929		5,113
Investment contracts, insurance losses and insurance
annuity benefits		35		73
Provision for losses on financing receivables		2,263		2,336
Total costs and expenses		12,093		13,828	(13)%
Earnings (loss) from continuing operations before
income taxes		238		(53)	F
Benefit for income taxes		372		1,128
Earnings from continuing operations		610		1,075	(43)%
Loss from discontinued operations, net of taxes		(387)		(3)
Net earnings		223		1,072	(79)%
Less net earnings attributable to noncontrolling interests		3		46
Net earnings attributable to GECC	$	220	$	1,026	(79)%
Amounts attributable to GECC:
Earnings from continuing operations	$	607	$	1,029	(41)%
Loss from discontinued operations, net of taxes		(387)		(3)
Net earnings attributable to GECC	$	220	$	1,026	(79)%

(1)

General Electric Capital Corporation

Summary of Operating Segments (unaudited)

	Three months ended March 31
(Dollars in millions)		2010		2009	V	%
Revenues
Commercial Lending and Leasing (CLL)(a)	$	4,594	$	5,680	(19)%
Consumer(a)		4,964		4,712	5%
Real Estate		944		975	(3)%
Energy Financial Services		791		644	23%
GE Capital Aviation Services (GECAS)(a)		1,239		1,103	12%
Total segment revenues		12,532		13,114	(4)%
GECC corporate items and eliminations		(201)		661	U
Total Revenues	$	12,331	$	13,775	(10)%
Segment profit
CLL(a)	$	232	$	238	(3)%
Consumer(a)		593		737	(20)%
Real Estate		(403)		(173)	U
Energy Financial Services		153		75	F
GECAS(a)		317		261	21%
Total segment profit		892		1,138	(22)%
GECC corporate items and eliminations		(285)		(109)	U
Earnings from continuing operations attributable to GECC		607		1,029	(41)%
Loss from discontinued operations, net of taxes,
attributable to GECC		(387)		(3)	U
Net earnings attributable to GECC	$	220	$	1,026	(79)%

(a) Effective January 1, 2010, we transferred the Transportation Financial Services business from GECAS to CLL and the Consumer business in Italy from Consumer to CLL. Prior-period amounts were reclassified to conform to the current-period’s presentation.

(2)

General Electric Capital Corporation.

Condensed Statement of Financial Position

	March 31,		December 31,
(Dollars in billions)	2010		2009
	(Unaudited)
Assets
Cash & marketable securities	$	75.9	$	91.2
Inventories		0.1		0.1
Financing receivables - net		356.2		336.9
Property, plant & equipment - net		55.9		56.7
Goodwill & intangible assets		31.3		32.0
Other assets		96.9		104.2
Assets of businesses held for sale		0.9		0.1
Assets of discontinued operations		1.0		1.5
Total assets	$	618.2	$	622.7
Liabilities and equity
Borrowings and bank deposits	$	501.7	$	497.5
Investment contracts, insurance liabilities and insurance annuity benefits		8.4		8.7
Other liabilities		33.4		39.6
Liabilities of businesses held for sale		—		0.1
Liabilities of discontinued operations		0.8		0.9
GECC shareowner's equity		71.7		73.7
Noncontrolling interests		2.2		2.2
Total liabilities and equity	$	618.2	$	622.7

(3)