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Current Receivables
12 Months Ended
Dec. 31, 2013
Accounts Receivable, Net, Current [Abstract]  
Current Receivables

NOTE 4. CURRENT RECEIVABLES

 

  Consolidated(a)  GE(b)
December 31 (In millions) 2013  2012  2013  2012
            
Power & Water$ 3,895 $ 2,977 $ 2,335 $ 1,700
Oil & Gas  5,444   4,656   3,134   1,872
Energy Management  1,540   1,600   686   800
Aviation  4,307   4,756   2,260   2,493
Healthcare  4,398   4,253   2,029   2,012
Transportation  526   485   318   324
Appliances & Lighting  1,337   1,286   273   186
Corporate items & eliminations  388   351   377   343
   21,835   20,364   11,412   9,730
Less Allowance for Losses  (447)   (462)   (442)   (456)
Total$ 21,388 $ 19,902 $ 10,970 $ 9,274
            
            
            

  • Included GE industrial customer receivables factored through a GECC affiliate and reported as financing receivables by GECC. See Note 26.
  • GE current receivables balances at December 31, 2013 and 2012, before allowance for losses, included $7,441 million and $6,283 million, respectively, from sales of goods and services to customers, and $37 million and $70 million at December 31, 2013 and 2012, respectively, from transactions with associated companies.

 

GE current receivables of $127 million and $114 million at December 31, 2013 and 2012, 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 2013, 2012 and 2011.