Intercompany Transactions

9 Months Ended

Sep. 30, 2014

Intercompany Transactions [Abstract]

17. INTERCOMPANY TRANSACTIONS

Transactions between related companies are made on an arms-length basis, are eliminated and consist primarily of GECC dividends to GE; GE customer receivables sold to GECC; GECC services for trade receivables management and material procurement; buildings and equipment (including automobiles) leased between GE and GECC; information technology (IT) and other services sold to GECC by GE; aircraft engines manufactured by GE that are installed on aircraft purchased by GECC from third-party producers for lease to others; and various investments, loans and allocations of GE corporate overhead costs.

These intercompany transactions are reported in the GE and GECC columns of our financial statements, but are eliminated in deriving our consolidated financial statements. Effects of these eliminations on our consolidated cash flows from operating, investing and financing activities are $(2,782) million, $(797) million and, $3,579 million for the nine months ended September 30, 2014, respectively, and, $(2,426) million, $(1,555) million and, $4,075 million for the nine months ended September 30, 2013, respectively. Details of these eliminations are shown below.

	Nine months ended September 30
(In millions)	2014		2013

Cash from (used for) operating activities-continuing operations
Combined	$	18,892	$	19,636
GE customer receivables sold to GECC		43		918
GECC dividends to GE		(2,221)		(3,947)
Other reclassifications and eliminations		(604)		603
	$	16,110	$	17,210
Cash from (used for) investing activities-continuing operations
Combined	$	(891)	$	33,590
GE customer receivables sold to GECC		(948)		(900)
Other reclassifications and eliminations		151		(655)
	$	(1,688)	$	32,035
Cash from (used for) financing activities-continuing operations
Combined	$	(14,652)	$	(43,094)
GE customer receivables sold to GECC		905		(18)
GECC dividends to GE		2,221		3,947
Other reclassifications and eliminations		453		146
	$	(11,073)	$	(39,019)