Current Receivables

12 Months Ended

Dec. 31, 2014

NOTE 4. CURRENT RECEIVABLES

	Consolidated(a)				GE(b)
December 31 (In millions)	2014		2013			2014	2013

Power & Water	$	4,984	$	3,895	$	2,783	$	2,335
Oil & Gas		5,775		5,444		3,215		3,134
Energy Management		1,655		1,540		731		686
Aviation		4,656		4,307		1,997		2,260
Healthcare		4,350		4,398		2,241		2,029
Transportation		454		526		351		318
Appliances & Lighting		1,468		1,337		216		273
Corporate items and eliminations		390		388		464		377
		23,732		21,835		11,998		11,412
Less Allowance for Losses		(495)		(447)		(485)		(442)
Total	$	23,237	$	21,388	$	11,513	$	10,970

Includes GE industrial customer receivables factored through a GECC affiliate and reported as financing receivables by GECC. See Note 26.
GE current receivables of $254 million and $127 million at December 31, 2014 and 2013, respectively, arose from sales, principally of Aviation goods and services, on open account to various agencies of the U.S. government. As a percentage of GE revenues, approximately 3% of GE sales of goods and services were to the U.S. government in 2014, compared with 4% in 2013 and 2012.

GE current receivables balances at December 31, 2014 and 2013, before allowance for losses, included $7,808 million and $7,441 million, respectively, from sales of goods and services to customers, and $22 million and $37 million at December 31, 2014 and 2013, respectively, from transactions with associated companies. The remainder of the balances primarily relate to revenue sharing programs and other non-income taxes.