Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

		Depreciable
		lives-new			Original Cost				Net Carrying Value
December 31 (Dollars in millions)		(in years)				2014		2013		2014		2013
GE
	Land and improvements		8	(a)	$	700	$	707	$	689	$	671
	Buildings, structures and related equipment		8-40			7,683		8,910		3,048		4,205
	Machinery and equipment		4-20			23,437		25,323		9,085		9,701
	Leasehold costs and manufacturing plant under construction		1-10			4,731		3,309		4,385		2,997
						36,551		38,249		17,207		17,574
GECC(b)
	Land and improvements, buildings, structures
	and related equipment		1-35	(a)		1,197		1,353		407		414
	Equipment leased to others
	Aircraft(c)		20			46,017		46,768		30,573		32,315
	All other		6-25			767		783		539		558
						47,981		48,904		31,519		33,287
Eliminations						(462)		(419)		(390)		(354)
Total					$	84,070	$	86,734	$	48,336	$	50,507

(a)Depreciable lives exclude land.

(b)Included $731 million and $371million of original cost of assets leased to GE with accumulated amortization of $60 million and $52million at December 31, 2014 and 2013, respectively.

(c)The GECAS business of GE Capital recognized impairment losses of $445million and $732million in 2014 and 2013, respectively. These losses are recorded in the caption “Other costs and expenses” in the Statement of Earnings to reflect adjustments to fair value based on an evaluation of average current market values (obtained from third parties) of similar type and age aircraft, which are adjusted for the attributes of the specific aircraft under lease.

Rentals due from customers for equipment on operating leases

(In millions)
Due in
2015	$	3,761
2016		3,452
2017		3,130
2018		2,747
2019		2,374
2020 and later		6,537
Total	$	22,001