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

12 Months Ended

Dec. 31, 2014

PAST DUE AND NONACCRUAL FINANCING RECEIVABLES

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

Commercial
CLL
Americas	$	503		$	284		$	1,054		$	755		$	359		$	1,275
International		1,483			749			946			1,490			820			1,459
Total CLL		1,986			1,033			2,000			2,245			1,179			2,734
Energy Financial Services		-			-			68			-			-			4
GECAS		-			-			419			-			-			-
Other		-			-			-			-			-			6
Total Commercial		1,986			1,033			2,487	(a)		2,245			1,179			2,744	(a)

Consumer
Non-U.S. residential mortgages		2,171			1,195			1,262			3,406			2,104			2,161
Non-U.S. installment and revolving credit		333			89			53			601			159			106
U.S. installment and revolving credit		2,492			1,147			2			2,442			1,105			2
Other		141			64			167			172			99			351
Total Consumer		5,137			2,495	(b)		1,484	(c)		6,621			3,467	(b)		2,620	(c)
Total	$	7,123		$	3,528		$	3,971		$	8,866		$	4,646		$	5,364
Total as a percent of financing receivables		3.2	%		1.6	%		1.8	%		3.7	%		1.9	%		2.3	%

Included $1,549 million and $1,397 million at December 31, 2014 and 2013, respectively, that are currently paying in accordance with their contractual terms.
Included $1,231 million and $1,197 million of Consumer loans at December 31, 2014 and 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 $179 million and $324 million at December 31, 2014 and 2013, respectively, that are currently paying in accordance with their contractual terms.

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
December 31 (In millions)	in loans		balance		in loans		in loans		balance		allowance		in loans

2014

Commercial
CLL
Americas	$	1,352	$	1,897	$	1,626	$	126	$	160	$	28	$	254
International(a)		940		2,500		1,099		280		965		105		463
Total CLL		2,292		4,397		2,725		406		1,125		133		717
Energy Financial Services		53		54		26		15		15		12		24
GECAS		329		337		88		-		-		-		15
Other		-		-		-		-		-		-		1
Total Commercial(b)		2,674		4,788		2,839		421		1,140		145		757

Consumer(c)		138		179		120		2,042		2,092		408		2,547
Total	$	2,812	$	4,967	$	2,959	$	2,463	$	3,232	$	553	$	3,304

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

Consumer(c)		109		153		98		2,879		2,948		567		3,058
Total	$	2,885	$	5,425	$	3,397	$	3,995	$	4,520	$	895	$	4,204

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 $178 million and $218 million of interest income, including none and $60 million on a cash basis, at December 31, 2014 and 2013, respectively, principally in our CLL Americas business. The total average investment in impaired loans at December 31, 2014 and 2013 was $3,596 million and $4,445 million, respectively.
We recognized $126 million and $221 million of interest income, including $5 million, and $3 million on a cash basis, at December 31, 2014 and 2013, respectively, principally in our Consumer-U.S. installment and revolving credit portfolios. The total average investment in impaired loans at December 31, 2014 and 2013 was $2,667 million and $3,156 million, respectively.

December 31 (In millions)	Non-impaired financing receivables		General reserves		Impaired loans		Specific reserves

2014

Commercial	$	118,381	$	758	$	3,095	$	145
Consumer		98,640		3,603		2,180		408
Total	$	217,021	$	4,361	$	5,275	$	553

2013

Commercial	$	125,377	$	677	$	3,892	$	328
Consumer		106,051		3,414		2,988		567
Total	$	231,428	$	4,091	$	6,880	$	895

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

Non-U.S. residential mortgages	$	13,964	$	4,187	$	6,742	$	17,224	$	5,130	$	8,147

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

Non-U.S. installment and
revolving credit	$	6,599	$	2,045	$	1,756	$	9,705	$	3,228	$	2,798

IMPAIRED LOAN BALANCE CLASSIFIED BY THE METHOD USED TO MEASURE IMPAIRMENT

December 31 (In millions)	2014		2013

Discounted cash flow	$	3,915	$	5,389
Collateral value		1,360		1,491
Total	$	5,275	$	6,880

COMMERCIAL FINANCING RECEIVABLES BY RISK CATEGORY

	Secured
December 31 (In millions)	A		B		C		Total

2014

CLL
Americas	$	63,754	$	1,549	$	1,443	$	66,746
International		41,476		474		891		42,841
Total CLL		105,230		2,023		2,334		109,587
Energy Financial Services		2,479		60		16		2,555
GECAS		7,908		237		118		8,263
Other		130		-		-		130
Total	$	115,747	$	2,320	$	2,468	$	120,535

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