GE CAPITAL FINANCING RECEIVABLES AND ALLOWANCE FOR LOSSES ON FINANCING RECEIVABLES (Tables)

9 Months Ended

Sep. 30, 2017



	Consolidated(a)(b)						GE(c)
(In millions)	September 30, 2017			December 31, 2016			September 30, 2017			December 31, 2016

Current receivables	$	26,045		$	24,935		$	15,733		$	13,562
Allowance for losses	(1,019		)	(858		)	(1,008		)	(847		)
Total	$	25,026		$	24,076		$	14,725		$	12,715

(a)

Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $11,224 million and $12,304 million at September 30, 2017 and December 31, 2016, respectively. The consolidated total included a deferred purchase price receivable of $436 million and $483 million at September 30, 2017 and December 31, 2016, respectively, related to our Receivables Facility.

(b)

In order to manage the credit exposure, the Company sells additional current receivables to third parties outside the Receivables Facility, substantially all of which are serviced by the Company. The outstanding balance of these current receivables was $2,460 million and $3,821 million at September 30, 2017 and December 31, 2016, respectively. Of these balances, $1,284 million and $2,504 million was sold by GE to GE Capital prior to the sale to third parties at September 30, 2017 and December 31, 2016, respectively. At September 30, 2017 and December 31, 2016, our maximum exposure to loss under the limited recourse arrangements is $34 million and $215 million, respectively.


(c)	GE current receivables balances at September 30, 2017 and December 31, 2016, before allowance for losses, included $9,912 million and $8,927 million, respectively, from sales of goods and services to customers. The remainder of the balances primarily relates to supplier advances, revenue sharing programs and other non-income based tax receivables.



FINANCING RECEIVABLES, NET
(In millions)	September 30, 2017			December 31, 2016

Loans, net of deferred income	$	20,039		$	21,101
Investment in financing leases, net of deferred income	4,923			4,998
	24,962			26,099
Allowance for losses	(62		)	(58		)
Financing receivables – net	$	24,900		$	26,041