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Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2016
Summary Of Derivative Instruments [Abstract]  
Estimated fair value of assets and liabilities
March 31, 2016December 31, 2015
CarryingCarrying
amountEstimatedamountEstimated
(In millions)(net)fair value(net)fair value
GE
Assets
   Investments and notes receivable$1,624$1,700$1,104$1,174
Liabilities
   Borrowings(a)(b)19,38920,64918,39718,954
Borrowings (debt assumed)(a)(c)73,62382,08384,70492,231
GE Capital
Assets
   Loans18,70118,46620,06119,774
Time deposits(d)13,93613,93610,38610,386
   Other commercial mortgages1,4061,5041,3811,447
   Loans held for sale970970342342
   Other financial instruments(e)9611594110
Liabilities
   Borrowings(a)(f)(g)(h)94,15097,54495,47499,396
   Investment contracts 2,9173,4812,9553,441

(a) See Note 9.

(b) Included $153 million and $116 million of accrued interest in estimated fair value at March 31, 2016 and December 31, 2015, respectively.

(c) Included $760 million and $1,006 million of accrued interest in estimated fair value at March 31, 2016 and December 31, 2015, respectively.

(d) Balances at March 31, 2016 and December 31, 2015 included $13,936 million and $10,386 million, respectively, of high quality interest bearing deposits with European and domestic branches of global banks, predominantly in the UK, that mature in April and July 2016.

(e) Principally comprises cost method investments.

(f) Fair values exclude interest rate and currency derivatives designated as hedges of borrowings. Had they been included, the fair value of borrowings at March 31, 2016 and December 31, 2015 would have been reduced by $5,118 million and $3,001 million, respectively.

(g) Included $991 million and $1,103 million of accrued interest in estimated fair value at March 31, 2016 and December 31, 2015, respectively.

(h) Excluded $73,623 million and $84,704 million of intercompany payable to GE related to the debt assumption at March 31, 2016 and December 31, 2015, respectively.
Loan commitments
NOTIONAL AMOUNTS OF LOAN COMMITMENTS
(In millions)March 31, 2016December 31, 2015
Ordinary course of business lending commitments(a)$270$531
Unused revolving credit lines Commercial265279

(a) Excluded investment commitments of $400 million and $782 million at March 31, 2016 and December 31, 2015, respectively.
Financial statements effects of cash flow hedges
FINANCIAL STATEMENT EFFECTS - CASH FLOW HEDGES
Three months ended March 31
(In millions)20162015
Balance sheet changes
Fair value of derivatives increase (decrease)$(56)$(1,083)
Shareowners' equity (increase) decrease571,083
Earnings (loss) related to ineffectiveness1-
Earnings (loss) effect of derivatives(a)(84)(997)
(a) Offsets earnings effect of the hedged forecasted transaction

Interest rate forwards/swapsInterest rate increasesInterest rate decreases
Pay fixed rate/receive floating rateFair value increasesFair value decreases
Currency forwards/swapsU.S. dollar strengthensU.S. dollar weakens
Pay U.S. dollars/receive foreign currencyFair value decreasesFair value increases
Commodity derivativesPrice increasesPrice decreases
Receive commodity/ pay fixed priceFair value increasesFair value decreases
Financial statements effects of fair value hedges
FINANCIAL STATEMENT EFFECTS - FAIR VALUE HEDGES
Three months ended March 31
(In millions)20162015
Balance sheet changes
Fair value of derivative increase (decrease)$1,723$1,051
Adjustment to carrying amount of hedged debt (increase) decrease(1,754)(1,083)
Earnings (loss) related to hedge ineffectiveness(32)(32)

Interest rate forwards/swapsInterest rate increasesInterest rate decreases
Pay floating rate/receive fixed rateFair value decreasesFair value increases
Financial statements effects of net investment hedges
FINANCIAL STATEMENT EFFECTS - NET INVESTMENT HEDGES
Three months ended March 31
(In millions)20162015
Balance sheet changes
Fair value of derivatives increase (decrease)$329$4,945
Fair value of non-derivatives (increase) decrease198-
Shareowners' equity (increase) decrease(569)(4,989)
Earnings (loss) related to spot-forward differences and ineffectiveness(42)(44)
Earnings (loss) related to reclassification upon sale or liquidation(a)693785

Included $693 million gain and $788 million gain recorded in discontinued operations in the three months ended March 31, 2016 and 2015, respectively.

Currency forwards/swapsU.S. dollar strengthensU.S. dollar weakens
Receive U.S. dollars/pay foreign currencyFair value increasesFair value decreases
Financial statements effects of economic hedges
FINANCIAL STATEMENT EFFECTS - ECONOMIC HEDGES
Three months ended March 31
(In millions)20162015
Balance sheet changes
Change in fair value of economic hedge increase (decrease)$(302)$(3,118)
Change in carrying amount of item being hedged increase (decrease)1113,129
Earnings (loss) effect of economic hedges(a)(191)11

(a) Offset by the future earnings effects of economically hedged item.

Interest rate forwards/swaps interest rateInterest rate increasesInterest rate decreases
Pay floating rate/receive fixed rateFair value decreasesFair value increases
Currency forwards/swapsU.S. dollar strengthensU.S. dollar weakens
Pay U.S. dollars/receive foreign currencyFair value decreasesFair value increases
Receive U.S. dollars/pay foreign currencyFair value increasesFair value decreases
Commodity derivativesPrice increasesPrice decreases
Receive commodity/ pay fixed priceFair value increasesFair value decreases
Carry amounts related to derivatives
CARRYING AMOUNTS RELATED TO DERIVATIVES
(In millions)March 31, 2016December 31, 2015
Derivative assets$8,859$7,391
Derivative liabilities(5,282)(5,681)
Accrued interest6931,014
Cash collateral & credit valuation adjustment(3,435)(1,141)
Net Derivatives8341,583
Securities held as collateral(388)(1,277)
Net amount$445$306
Effects of derivatives on earnings
Three months ended March 31
(In millions)Effect on hedging instrumentEffect on underlyingEffect on earnings
2016
Cash flow hedges$(56)$57$1
Fair value hedges1,723(1,754)(32)
Net investment hedges(a)527(569)(42)
Economic hedges(b) (302)111(191)
Total$(264)

2015
Cash flow hedges$(1,083)$1,083$-
Fair value hedges1,051(1,083)(32)
Net investment hedges(a)4,945(4,989)(44)
Economic hedges(b) (3,118)3,12911
Total$(65)

(a) Both derivatives and non-derivatives hedging instruments are included.

(b) Net effect is substantially offset by the change in fair value of the hedged item that will affect earnings in future periods.