Financing Receivables and Allowance for Losses on Financing Receivables (Tables)

6 Months Ended

Jun. 30, 2016

Financing Receivables And Allowance For Losses [Abstract]

Financing Receivables - Net

FINANCING RECEIVABLES, NET
(In millions)	June 30, 2016		December 31, 2015
Loans, net of deferred income	$	19,045	$	20,115
Investment in financing leases, net of deferred income		5,027		4,969
		24,071		25,084
Allowance for losses		(74)		(81)
Financing receivables – net(a)	$	23,998	$	25,003

(a)Included $11.8 billion and $12.9 billion of receivables sold by GE to GE Capital at June 30, 2016 and December 31, 2015, respectively.

Allowance For Losses

ALLOWANCE FOR LOSSES
(In millions)		2016		2015
Balance at January 1	$	81	$	93
Provision		19		29
Net write-offs(a)		(26)		(40)
Other(b)		-		9
Balance at June 30	$	74	$	91

• Net write-offs (gross write-offs less recoveries) in certain portfolios may exceed the beginning allowance for losses as a result of losses that are incurred subsequent to the beginning of the fiscal year due to information becoming available during the current year, which may identify further deterioration on existing financing receivables.
• Other primarily includes the effects of currency exchange.