CURRENT RECEIVABLES (Tables)

3 Months Ended

Mar. 31, 2018



	Consolidated(a)(b)						GE(c)
(In millions)	March 31, 2018			December 31, 2017			March 31, 2018			December 31, 2017

Current receivables	$	23,573		$	25,282		$	15,671		$	15,693
Allowance for losses	(1,014		)	(1,073		)	(999		)	(1,055		)
Total	$	22,560		$	24,209		$	14,672		$	14,638

(a)

Included GE industrial customer receivables sold to a GE Capital affiliate and recorded on GE Capital’s balance sheet of $8,677 million and $10,370 million at March 31, 2018 and December 31, 2017, respectively. The consolidated total included a deferred purchase price receivable of $407 million and $388 million at March 31, 2018 and December 31, 2017, respectively, related to our Receivables Facility (described below).

(b)

In order to manage 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 $2,330 million and $2,541 million at March 31, 2018 and December 31, 2017, respectively. Of these balances, $1,170 million and $1,621 million was sold by GE to GE Capital prior to the sale to third parties at March 31, 2018 and December 31, 2017, respectively. At March 31, 2018 and December 31, 2017, our maximum exposure to loss under the limited recourse arrangements is $80 million and $90 million, respectively.


(c)	GE current receivables balances at March 31, 2018 and December 31, 2017, before allowance for losses, included $10,544 million and $10,452 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)	March 31, 2018			December 31, 2017

Loans, net of deferred income	$	15,764		$	17,404
Investment in financing leases, net of deferred income	4,383			4,614
	20,146			22,018
Allowance for losses	(47		)	(51		)
Financing receivables – net	$	20,099		$	21,967