Investment Securities (Tables)

3 Months Ended

Mar. 31, 2016

Investments, Debt and Equity Securities [Abstract]

	March 31, 2016									December 31, 2015
			Gross		Gross							Gross		Gross
	Amortized		unrealized		unrealized		Estimated			Amortized		unrealized		unrealized		Estimated
(In millions)	cost		gains		losses		fair value			cost		gains		losses		fair value

GE
Debt
U.S. corporate	$	3	$	-	$	-	$	3		$	2	$	-	$	-	$	3
Corporate – non-U.S.		1		-		-		1			1		-		-		1
U.S. government and federal
agency		49		-		-		49			49		-		-		49
Equity		40		9		(4)		44			87		13		(2)		98
		93		9		(4)		97			139		14		(2)		151

GE Capital
Debt
U.S. corporate		19,858		3,385		(156)		23,087			19,971		2,669		(285)		22,355
State and municipal		3,924		556		(53)		4,428			3,910		407		(73)		4,245
Mortgage and asset-backed(a)		3,020		169		(33)		3,156			2,995		157		(35)		3,116
Corporate – non-U.S.		782		102		(4)		880			759		96		(9)		846
Government – non-U.S.		294		141		-		435			279		136		-		415
U.S. government and federal
agency		705		64		-		768			623		104		-		727
Equity		112		18		(2)		128			112		16		(4)		123
		28,695		4,435		(248)		32,882	(b)		28,648		3,585		(407)		31,827

Eliminations		(5)		-		-		(5)			(4)		-		-		(4)
Total	$	28,783	$	4,444	$	(252)	$	32,974		$	28,783	$	3,599	$	(409)	$	31,973

Included residential mortgage-backed securities substantially collateralized by U.S. mortgages. At March 31, 2016, $569 million related to securities issued by government-sponsored entities and $31 million related to securities of private-label issuers. Securities issued by private-label issuers are collateralized primarily by pools of individual direct mortgage loans of financial institutions.
Primarily included investment securities of $31,765 million and $620 million related to our run-off insurance and energy activities, respectively. Substantially all investment securities are in the U.S.

Schedule of investments, by type and length in continuous loss position

ESTIMATED FAIR VALUE AND GROSS UNREALIZED LOSSES OF AVAILABLE-FOR-SALE INVESTMENT SECURITIES

	In loss position for
	Less than 12 months				12 months or more
			Gross				Gross
	Estimated		unrealized		Estimated		unrealized
(In millions)	fair value(a)		losses(a)(b)		fair value		losses(b)

March 31, 2016
Debt
U.S. corporate	$	1,317	$	(90)	$	890	$	(66)
State and municipal		15		-		273		(52)
Mortgage and asset-backed		506		(12)		148		(21)
Corporate – non-U.S.		51		(2)		20		(3)
Equity		35		(6)		-		-
Total	$	1,924	$	(111)	$	1,331	$	(141)	(c)

December 31, 2015
Debt
U.S. corporate	$	2,966	$	(218)	$	433	$	(67)
State and municipal		494		(20)		155		(53)
Mortgage and asset-backed		719		(20)		84		(16)
Corporate – non-U.S.		56		(4)		14		(4)
Equity		36		(6)		-		-
Total	$	4,271	$	(268)	$	686	$	(140)

(a) Includes the estimated fair value of and gross unrealized losses on equity securities held by GE. At March 31, 2016, the estimated fair value of and gross unrealized losses on equity securities were $18 million and $(4) million, respectively. At December 31, 2015, the estimated fair value of and gross unrealized losses on equity securities were $6 million and $(2) million, respectively.

(b) Included gross unrealized losses of an insignificant amount related to securities that had other-than-temporary impairments previously recognized at March 31, 2016.

(c) Includes debt securities held to support obligations to holders of Guaranteed Investment Contracts (GICs) of which the majority are considered to be investment-grade by the major rating agencies at March 31, 2016.

Pre Tax Other Than Temporary Impairments On Investment Securities [TableTextBlock]

PRE-TAX, OTHER-THAN-TEMPORARY IMPAIRMENTS ON INVESTMENT SECURITIES

	Three months ended March 31
(In millions)	2016		2015

Total pre-tax, OTTI recognized	$	16	$	3
Pre-tax, OTTI recognized in AOCI		-		-
Pre-tax, OTTI recognized in earnings(a)	$	16	$	3

(a) Included pre-tax, other-than-temporary impairments recorded in earnings related to equity securities of $7 million and none in the three months ended March 31, 2016 and 2015, respectively.

Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]

CHANGES IN CUMULATIVE CREDIT LOSS IMPAIRMENTS RECOGNIZED ON DEBT SECURITIES STILL HELD

	Three months ended March 31
(In millions)	2016		2015

Cumulative credit loss impairments recognized, beginning of period	$	205	$	176
Credit loss impairments recognized on securities not previously impaired		-		-
Incremental credit loss impairments recognized
on securities previously impaired		-		-
Less credit loss impairments previously recognized on securities sold
during the period or that we intend to sell		-		2
Cumulative credit loss impairments recognized, end of period	$	205	$	174

Schedule of contractual maturities

CONTRACTUAL MATURITIES OF INVESTMENT IN AVAILABLE-FOR-SALE DEBT SECURITIES
(EXCLUDING MORTGAGE AND ASSET-BACKED SECURITIES)

	Amortized		Estimated
(In millions)	cost		fair value

Due
Within one year	$	544	$	560
After one year through five years		2,880		3,110
After five years through ten years		4,835		5,249
After ten years		17,356		20,732

Supplemental gross realized gains losses on available-for-sale investment securities

GROSS REALIZED GAINS AND LOSSES ON AVAILABLE-FOR-SALE INVESTMENT SECURITIES

	Three months ended March 31
(In millions)	2016		2015

GE
Gains	$	5	$	-
Losses, including impairments		(9)		-
Net		(5)		-

GE Capital
Gains		2		92
Losses, including impairments		(19)		(14)
Net		(18)		78
Total	$	(22)	$	78