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

3 Months Ended

Mar. 31, 2019

Receivables [Abstract]

Schedule of Financing Receivables, Net

	Consolidated						GE
(In millions)	March 31, 2019			December 31, 2018			March 31, 2019			December 31, 2018
Current receivables	$	20,578		$	20,481		$	16,990		$	16,092
Allowance for losses	(1,060		)	(997		)	(1,055		)	(989		)
Total	$	19,518		$	19,484		$	15,936		$	15,103

Activity related to current receivables purchased by GE Capital and third parties is as follows:

Three months ended March 31	2019						2018
(In millions)	GE Capital			Third Parties			GE Capital			Third Parties
Balance at January 1	$	4,386		$	7,885		$	9,877		$	5,718
GE sales to GE Capital	9,403			—			12,135			—
GE sales to third parties	—			1,161			—			1,112
GE Capital sales to third parties	(6,580		)	6,580			(6,684		)	6,684
Collections and other	(3,552		)	(7,905		)	(7,214		)	(7,898		)
Balance as of March 31	$	3,658		$	7,721		$	8,113		$	5,616

GE CAPITAL FINANCING RECEIVABLES, NET (In millions)	March 31, 2019			December 31, 2018
Loans, net of deferred income	$	9,620		$	10,834
Investment in financing leases, net of deferred income(a)	2,408			2,822
	12,028			13,656
Allowance for losses	(21		)	(28		)
Financing receivables – net	$	12,007		$	13,628

(a) Finance lease income was $45 million and $72 million in the three months ended March 31, 2019 and 2018, respectively.