Investment Securities (Tables)

9 Months Ended

Sep. 30, 2016

Investments, Debt and Equity Securities [Abstract]

	September 30, 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	$	2	$	-	$	-	$	2	$	2	$	-	$	-	$	3
Corporate – non-U.S.		-		-		-		-		1		-		-		1
U.S. government and federal
agency		49		1		-		50		49		-		-		49
Equity		156		53		(5)		204		87		13		(2)		98
		208		54		(5)		257		139		14		(2)		151

GE Capital
Debt
U.S. corporate		20,865		4,264		(32)		25,097		19,971		2,669		(285)		22,355
State and municipal		3,907		693		(44)		4,556		3,910		407		(73)		4,245
Mortgage and asset-backed		2,798		184		(17)		2,966		2,995		157		(35)		3,116
Corporate – non-U.S.		11,769		114		(10)		11,873		759		96		(9)		846
Government – non-U.S.		592		161		(1)		752		279		136		-		415
U.S. government and federal
agency		656		91		-		747		623		104		-		727
Equity		105		20		-		125		112		16		(4)		123
		40,693		5,526		(103)		46,116		28,648		3,585		(407)		31,827

Eliminations		(4)		-		-		(4)		(4)		-		-		(4)
Total	$	40,897	$	5,580	$	(108)	$	46,369	$	28,783	$	3,599	$	(409)	$	31,973

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)

September 30, 2016
Debt
U.S. corporate	$	148	$	(2)	$	387	$	(30)
State and municipal		31		(1)		157		(43)
Mortgage and asset-backed		167		(2)		112		(14)
Corporate – non-U.S.		4,088		(7)		31		(3)
Government - non-U.S.		256		(1)		-		-
Equity		11		(5)		-		-
Total	$	4,701	$	(19)	$	686	$	(90)	(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	$	4,273	$	(269)	$	686	$	(140)

(a) Includes the estimated fair value of and gross unrealized losses on equity securities held by GE. At September 30, 2016, the estimated fair value of and gross unrealized losses on equity securities were $11 million and $(5) 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 $1 million related to securities that had other-than-temporary impairments previously recognized at September 30, 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 September 30, 2016.

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

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

	Three months ended September 30				Nine months ended September 30
(In millions)	2016		2015		2016		2015

Total pre-tax, OTTI recognized	$	11	$	3	$	28	$	35
Pre-tax, OTTI recognized in AOCI		-		-		-		-
Pre-tax, OTTI recognized in earnings(a)	$	11	$	3	$	28	$	35

(a) Included pre-tax, other-than-temporary impairments recorded in earnings related to equity securities of an immaterial amount and $1 million in the three months ended September 30, 2016 and 2015, respectively and $9 million and $1 million in the nine months ended September 30, 2016 and 2015, respectively.

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	$	11,653	$	11,656
After one year through five years		3,984		4,247
After five years through ten years		4,605		5,168
After ten years		17,600		22,007

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 September 30				Nine months ended September 30
(In millions)	2016		2015		2016		2015

GE
Gains	$	4	$	3	$	10	$	4
Losses, including impairments		-		-		(10)		(14)
Net		4		3		-		(10)

GE Capital
Gains		3		20		39		117
Losses, including impairments		(12)		(5)		(43)		(40)
Net		(10)		15		(3)		77
Total	$	(5)	$	18	$	(4)	$	67