Supplemental Information About The Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables (Tables)

9 Months Ended

Sep. 30, 2014

Credit Quality Financing Receivables [Abstract]

Nonaccrual Financing Receivables

Past Due and Nonaccrual Financing Receivables

		September 30, 2014									December 31, 2013
		Over 30 days			Over 90 days						Over 30 days			Over 90 days
(In millions)		past due			past due			Nonaccrual			past due			past due			Nonaccrual

Commercial
CLL
Americas	$	592		$	376		$	1,101		$	755		$	359		$	1,275
International		1,563			846			1,013			1,490			820			1,459
Total CLL		2,155			1,222			2,114			2,245			1,179			2,734
Energy Financial Services		-			-			57			-			-			4
GECAS		-			-			153			-			-			-
Other		-			-			-			-			-			6
Total Commercial		2,155			1,222			2,324	(a)		2,245			1,179			2,744	(a)

Real Estate		284			247			1,628	(b)		247			212			2,551	(b)

Consumer
Non-U.S. residential mortgages		3,044			1,892			1,960			3,406			2,104			2,161
Non-U.S. installment and revolving credit		320			95			50			512			146			88
U.S. installment and revolving credit		2,372			1,038			2			2,442			1,105			2
Non-U.S. auto		73			10			19			89			13			18
Other		131			66			218			172			99			351
Total Consumer		5,940			3,101	(c)		2,249	(d)		6,621			3,467	(c)		2,620	(d)
Total	$	8,379		$	4,570		$	6,201		$	9,113		$	4,858		$	7,915
Total as a percent of financing receivables		3.5	%		1.9	%		2.6	%		3.5	%		1.9	%		3.1	%

Included $1,157 million and $1,397 million at September 30, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
Included $1,355 million and $2,308 million at September 30, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.
Included $1,134 million and $1,197 million of Consumer loans at September 30, 2014 and December 31, 2013, respectively, that are over 90 days past due and continue to accrue interest until the accounts are written off in the period that the account becomes 180 days past due.
Included $234 million and $324 million at September 30, 2014 and December 31, 2013, respectively, that are currently paying in accordance with their contractual terms.

Impaired Loans

Impaired Loans and Related Reserves

	With no specific allowance						With a specific allowance
	Recorded		Unpaid		Average		Recorded		Unpaid				Average
	investment		principal		investment		investment		principal		Associated		investment
(In millions)	in loans		balance		in loans		in loans		balance		allowance		in loans

September 30, 2014

Commercial
CLL
Americas	$	1,508	$	1,987	$	1,694	$	235	$	365	$	64	$	287
International(a)		1,064		3,009		1,139		312		445		125		508
Total CLL		2,572		4,996		2,833		547		810		189		795
Energy Financial Services		57		58		19		-		-		-		26
GECAS		61		61		27		-		-		-		19
Other		-		-		1		-		-		-		1
Total Commercial(b)		2,690		5,115		2,880		547		810		189		841

Real Estate(c)		1,994		2,315		2,468		478		631		27		778

Consumer(d)		131		173		115		2,369		2,503		484		2,673
Total	$	4,815	$	7,603	$	5,463	$	3,394	$	3,944	$	700	$	4,292

December 31, 2013

Commercial
CLL
Americas	$	1,670	$	2,187	$	2,154	$	417	$	505	$	96	$	509
International(a)		1,104		3,082		1,136		691		1,059		231		629
Total CLL		2,774		5,269		3,290		1,108		1,564		327		1,138
Energy Financial Services		-		-		-		4		4		1		2
GECAS		-		-		-		-		-		-		1
Other		2		3		9		4		4		-		5
Total Commercial(b)		2,776		5,272		3,299		1,116		1,572		328		1,146

Real Estate(c)		2,615		3,036		3,058		1,245		1,507		74		1,688

Consumer(d)		109		153		98		2,879		2,948		567		3,058
Total	$	5,500	$	8,461	$	6,455	$	5,240	$	6,027	$	969	$	5,892

Write-offs to net realizable value are recognized against the allowance for losses primarily in the reporting period in which management has deemed all or a portion of the financing receivable to be uncollectible, but not later than 360 days after initial recognition of a specific reserve for a collateral dependent loan. However, in accordance with regulatory standards that are applicable in Italy, commercial loans are considered uncollectible when there is demonstrable evidence of the debtor’s insolvency, which may result in write-offs occurring beyond 360 days after initial recognition of a specific reserve.
We recognized $139 million, $218 million and $173 million of interest income, including none, $60 million and $53 million on a cash basis, in the nine months ended September 30, 2014, the year ended December 31, 2013 and the nine months ended September 30, 2013, respectively, principally in our CLL Americas business. The total average investment in impaired loans for the nine months ended September 30, 2014 and the year ended December 31, 2013 was $3,721 million and $4,445 million, respectively.
We recognized $47 million, $187 million and $161 million of interest income, including none, $135 million and $132 million on a cash basis, in the nine months ended September 30, 2014, the year ended December 31, 2013 and the nine months ended September 30, 2013, respectively. The total average investment in impaired loans for the nine months ended September 30, 2014 and the year ended December 31, 2013 was $3,246 million and $4,746 million, respectively.
We recognized $135 million, $221 million and $166 million of interest income, including $3 million, $3 million and $3 million on a cash basis, in the nine months ended September 30, 2014, the year ended December 31, 2013 and the nine months ended September 30, 2013, respectively, principally in our Consumer-U.S. installment and revolving credit portfolios. The total average investment in impaired loans for the nine months ended September 30, 2014 and the year ended December 31, 2013 was $2,788 million and $3,156 million, respectively.

Financing Receivables And Allowance For Losses

(In millions)	Non-impaired financing receivables		General reserves		Impaired loans		Specific reserves

September 30, 2014

Commercial	$	118,283	$	637	$	3,237	$	189
Real Estate		17,327		127		2,472		27
Consumer		98,756		3,706		2,500		484
Total	$	234,366	$	4,470	$	8,209	$	700

December 31, 2013

Commercial	$	125,377	$	677	$	3,892	$	328
Real Estate		16,039		118		3,860		74
Consumer		106,051		3,414		2,988		567
Total	$	247,467	$	4,209	$	10,740	$	969

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Credit Quality Indicators

Financing receivables at September 30, 2014 and December 31, 2013 included $372 million and $544 million, respectively, relating to loans that had been acquired in a transfer but have been subject to credit deterioration since origination.

Commercial Portfolio Segment [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Credit Quality Indicators

Commercial Financing Receivables by Risk Category

	Secured
(In millions)	A		B		C		Total

September 30, 2014

CLL
Americas	$	63,828	$	1,279	$	1,409	$	66,516
International		41,030		609		1,030		42,669
Total CLL		104,858		1,888		2,439		109,185
Energy Financial Services		2,686		55		30		2,771
GECAS		8,236		106		107		8,449
Other		134		-		-		134
Total	$	115,914	$	2,049	$	2,576	$	120,539

December 31, 2013

CLL
Americas	$	65,545	$	1,587	$	1,554	$	68,686
International		44,930		619		1,237		46,786
Total CLL		110,475		2,206		2,791		115,472
Energy Financial Services		2,969		9		-		2,978
GECAS		9,175		50		152		9,377
Other		318		-		-		318
Total	$	122,937	$	2,265	$	2,943	$	128,145

Commercial Real Estate Portfolio Segment [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Credit Quality Indicators

	Loan-to-value ratio
	September 30, 2014						December 31, 2013
	Less than		80% to		Greater than		Less than		80% to		Greater than
(In millions)	80%		95%		95%		80%		95%		95%

Debt	$	16,564	$	1,044	$	1,368	$	15,576	$	1,300	$	2,111

Consumer Portfolio Segment [Member]

Supplemental Information About Credit Quality Of Financing Receivables And Allowance For Losses On Financing Receivables [Line Items]

Credit Quality Indicators

	Loan-to-value ratio
	September 30, 2014							December 31, 2013
	80% or		Greater than		Greater than		80% or		Greater than		Greater than
(In millions)	less		80% to 90%		90%		less		80% to 90%		90%

Non-U.S. residential mortgages	$	15,640	$	4,647	$	7,387	$	17,224	$	5,130	$	8,147

	Refreshed FICO score
	September 30, 2014						December 31, 2013
	661 or		601 to		600 or		661 or		601 to		600 or
(In millions)	higher		660		less		higher		660		less

U.S. installment and
revolving credit	$	39,998	$	11,051	$	4,209	$	40,079	$	11,142	$	4,633

	Internal ratings translated to approximate credit bureau equivalent score
	September 30, 2014						December 31, 2013
	671 or		626 to		625 or		671 or		626 to		625 or
(In millions)	higher		670		less		higher		670		less

Non-U.S. installment and
revolving credit	$	6,026	$	2,183	$	1,889	$	8,310	$	2,855	$	2,512
Non-U.S. auto		1,274		152		162		1,395		373		286