Intercompany Transactions

12 Months Ended

Dec. 31, 2014

Intercompany Transactions [Abstract]

NOTE 26. 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 $(5,404) million, $1,978 million and $3,426 million for 2014, $(5,088) million, $492 million and $4,690 million for 2013 and $(8,542) million, $2,328 million and $6,703 million for 2012, respectively. Details of these eliminations are shown below.

(In millions)	2014		2013		2012

Cash from (used for) operating activities-continuing operations
Combined	$	28,575	$	27,555	$	30,640
GE customer receivables sold to GECC		(1,918)		360		(1,809)
GECC dividends to GE		(3,000)		(5,985)		(6,426)
Other reclassifications and eliminations		(486)		537		(307)
	$	23,171	$	22,467	$	22,098
Cash from (used for) investing activities-continuing operations
Combined	$	(3,101)	$	37,741	$	19,208
GE customer receivables sold to GECC		1,766		262		2,005
Other reclassifications and eliminations		212		230		323
	$	(1,123)	$	38,233	$	21,536
Cash from (used for) financing activities-continuing operations
Combined	$	(23,126)	$	(53,276)	$	(59,063)
GE customer receivables sold to GECC		152		(622)		(196)
GECC dividends to GE		3,000		5,985		6,426
Other reclassifications and eliminations		274		(673)		473
	$	(19,700)	$	(48,586)	$	(52,360)