Borrowings (Tables)

6 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

(In millions)	June 30, 2016		December 31, 2015
Short-term borrowings
GE
Commercial paper	$	1,000	$	500
Current portion of long-term borrowings		16,183		17,770
Other		2,202		1,522
Total GE short-term borrowings(a)		19,384		19,792
GE Capital
Commercial paper
U.S.		5,002		650
Non-U.S.		-		4,351
Current portion of long-term borrowings		8,485		24,969
Intercompany payable to GE(b)		11,040		17,642
Other(c)		156		1,005
Total GE Capital short-term borrowings		24,683		48,617
Eliminations(b)		(12,141)		(18,549)
Total short-term borrowings	$	31,927	$	49,860
Long-term borrowings
GE
Senior notes	$	63,925	$	72,471
Subordinated notes		2,910		2,940
Subordinated debentures(d)		2,347		6,600
Other		952		1,298
Total GE long-term borrowings(a)		70,134		83,309
GE Capital
Senior notes		50,266		59,107
Subordinated notes		329		251
Intercompany payable to GE(b)		54,146		67,062
Other(c)		1,895		2,058
Total GE Capital long-term borrowings		106,636		128,478
Eliminations(b)		(54,266)		(67,128)
Total long-term borrowings	$	122,504	$	144,659
Non-recourse borrowings of consolidated securitization entities(e)	$	2,005	$	3,083
Total borrowings	$	156,436	$	197,602

• Excluding assumed debt of GE Capital, GE total borrowings is $19,331 million.
• The amount of the intercompany payable to GE was $65,186 million as of June 30, 2016, which includes a reduction in the short-term intercompany payable to GE for a $5,002 million loan in the second quarter of 2016 from GE Capital to GE, which bears the right of offset against amounts owed under the assumed debt agreement.
• Included $2,567million and $2,679million of funding secured by aircraft and other collateral at June 30, 2016 and December 31, 2015, respectively, of which $1,475million and $1,534million is non-recourse to GE Capital at June 30, 2016 and December 31, 2015, respectively.
• Included $2,347 million of subordinated debentures, which constitute the sole assets of trusts that have issued trust preferred securities and where GE owns 100% of the common securities of the trusts. Obligations associated with these trusts are unconditionally guaranteed by GE.
• Included $1,193 million and $918 million of current portion of long-term borrowings at June 30, 2016 and December 31, 2015, respectively. See Note 16.