CURRENT RECEIVABLES (Tables)

12 Months Ended

Dec. 31, 2017

Receivables [Abstract]

Schedule of Current Receivables

	Consolidated(a)(b)						GE(c)(d)
December 31 (In millions)	2017			2016			2017			2016
Power	$	9,735		$	10,055		$	4,664		$	5,134
Renewable Energy	1,666			1,903			940			1,293
Oil & Gas	5,952			4,259			5,830			2,478
Aviation	3,738			3,542			1,875			1,731
Healthcare	3,725			3,996			2,052			2,068
Transportation	287			377			183			186
Lighting	105			349			36			173
Corporate and eliminations	304			454			342			499
	25,511			24,935			15,922			13,562
Less Allowance for losses	(1,073		)	(858		)	(1,055		)	(847		)
Total	$	24,438		$	24,076		$	14,867		$	12,715

(a) Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital's balance sheet of $10,370 million and $12,304 million at December 31, 2017 and 2016, respectively. The consolidated total included a deferred purchase price receivable of $388 million and $483 million at December 31, 2017 and 2016, respectively, related to our Receivables Facility.

(b) In order to manage short-term liquidity and 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 $2,541 million and $3,821 million at December 31, 2017 and 2016, respectively. Of these balances, $1,621 million and $2,504 million was sold by GE to GE Capital prior to the sale to third parties at December 31, 2017 and 2016, respectively. At December 31, 2017 and 2016, our maximum exposure to loss under the limited recourse arrangements is $90 million and $215 million, respectively.

(c) GE current receivables of $312 million and $299 million at December 31, 2017 and 2016, respectively, arose from sales, principally of Aviation goods and services, on open account to various agencies of the U.S. government. As a percentage of GE revenues, approximately 4% of GE sales of goods and services were to the U.S. government in 2017, compared with 3% in2016 and4% in2015.

(d) GE current receivables balances at December 31, 2017 and 2016, before allowance for losses, included $10,671 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
December 31 (In millions)	2017			2016
Loans, net of deferred income	$	17,404		$	21,101
Investment in financing leases, net of deferred income	4,614			4,998
	22,018			26,099
Allowance for losses(a)	(51		)	(58		)
Financing receivables – net	$	21,967		$	26,041

(a)     Solely represents general reserves.